2019 Q1 Form 10-K Financial Statement

#000170305619000042 Filed on March 11, 2019

View on sec.gov

Income Statement

Concept 2019 Q1 2018 Q1 2018
Revenue $1.243B $1.116B $4.582B
YoY Change 11.34% 5.4% 6.17%
Cost Of Revenue $326.0M $248.4M $1.041B
YoY Change 31.24% 13.58% 16.26%
Gross Profit $917.1M $868.1M $3.540B
YoY Change 5.64% 3.28% 3.52%
Gross Profit Margin 73.78% 77.76% 77.27%
Selling, General & Admin $324.5M $305.0M $1.247B
YoY Change 6.41% -13.67% 3.12%
% of Gross Profit 35.38% 35.13% 35.22%
Research & Development $0.00 $5.000M
YoY Change -58.33%
% of Gross Profit 0.0% 0.14%
Depreciation & Amortization $495.9M $483.7M $1.931B
YoY Change 2.52% 4.94% 3.63%
% of Gross Profit 54.07% 55.72% 54.54%
Operating Expenses $324.5M $305.0M $1.252B
YoY Change 6.41% -13.67% 2.52%
Operating Profit $90.44M $71.39M $277.8M
YoY Change 26.69% 1189.93% -1.63%
Interest Expense -$158.9M -$174.3M -$663.2M
YoY Change -8.85% -3.72% -9.5%
% of Operating Profit -175.71% -244.22% -238.7%
Other Income/Expense, Net $1.199M -$460.0K $22.00M
YoY Change -360.65% -111.54% -33.43%
Pretax Income -$88.83M -$165.0M -$632.6M
YoY Change -46.16% -4.31% 50.02%
Income Tax -$22.00M -$8.000M $23.46M
% Of Pretax Income
Net Earnings -$66.47M -$157.4M -$609.2M
YoY Change -57.78% 11.76% -277.79%
Net Earnings / Revenue -5.35% -14.1% -13.3%
Basic Earnings Per Share -$0.09 -$0.22 -$0.81
Diluted Earnings Per Share -$0.09 -$0.22 -$0.81
COMMON SHARES
Basic Shares Outstanding 756.6M shares 747.7M shares
Diluted Shares Outstanding 747.7M shares

Balance Sheet

Concept 2019 Q1 2018 Q1 2018
SHORT-TERM ASSETS
Cash & Short-Term Investments $96.00M $258.0M $363.0M
YoY Change -62.79% 195.12%
Cash & Equivalents $95.68M $258.2M $363.0M
Short-Term Investments
Other Short-Term Assets $134.0M $106.0M $130.0M
YoY Change 26.42% 68.83%
Inventory $132.0M $106.0M $115.0M
Prepaid Expenses
Receivables $245.4M $151.4M $246.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $606.5M $621.6M $854.0M
YoY Change -2.43% 87.28%
LONG-TERM ASSETS
Property, Plant & Equipment $331.0M $327.8M $3.234B
YoY Change 0.97% 0.28%
Goodwill $5.133B $5.078B
YoY Change 1.07%
Intangibles $7.488B $7.716B
YoY Change -2.96%
Long-Term Investments
YoY Change
Other Assets $245.4M $130.3M $550.0M
YoY Change 88.39% 35.47%
Total Long-Term Assets $16.43B $17.24B $16.36B
YoY Change -4.7% -1.23%
TOTAL ASSETS
Total Short-Term Assets $606.5M $621.6M $854.0M
Total Long-Term Assets $16.43B $17.24B $16.36B
Total Assets $17.03B $17.86B $17.21B
YoY Change -4.62% 1.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $249.4M $200.9M $221.0M
YoY Change 24.18% 17.55%
Accrued Expenses $427.5M $410.6M $398.0M
YoY Change 4.11% 13.39%
Deferred Revenue $340.2M $319.2M
YoY Change 6.58%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $366.5M $49.00M $58.00M
YoY Change 647.91% 20.83%
Total Short-Term Liabilities $1.382B $979.2M $1.012B
YoY Change 41.15% 12.95%
LONG-TERM LIABILITIES
Long-Term Debt $9.348B $10.24B $9.944B
YoY Change -8.68% -7.96%
Other Long-Term Liabilities $234.8M $125.0M $685.0M
YoY Change 87.85% 35.64%
Total Long-Term Liabilities $9.582B $125.0M $10.63B
YoY Change 7567.43% -6.01%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.382B $979.2M $1.012B
Total Long-Term Liabilities $9.582B $125.0M $10.63B
Total Liabilities $12.89B $13.14B $12.98B
YoY Change -1.9% -4.4%
SHAREHOLDERS EQUITY
Retained Earnings -$1.774B -$963.8M
YoY Change 84.03%
Common Stock $7.670M $1.052M
YoY Change 629.09%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $4.148B $4.724B $4.225B
YoY Change
Total Liabilities & Shareholders Equity $17.03B $17.86B $17.21B
YoY Change -4.62% 1.14%

Cashflow Statement

Concept 2019 Q1 2018 Q1 2018
OPERATING ACTIVITIES
Net Income -$66.47M -$157.4M -$609.2M
YoY Change -57.78% 11.76% -277.79%
Depreciation, Depletion And Amortization $495.9M $483.7M $1.931B
YoY Change 2.52% 4.94% 3.63%
Cash From Operating Activities $509.3M $504.6M $1.788B
YoY Change 0.93% 22.47% 12.29%
INVESTING ACTIVITIES
Capital Expenditures $37.71M $33.25M $126.8M
YoY Change 13.42% -1.85% -2.93%
Acquisitions $53.89M $36.21M $352.8M
YoY Change 48.82% 455.46%
Other Investing Activities $244.0K -$213.0K -$11.22M
YoY Change -214.55% -99.01% -33.1%
Cash From Investing Activities -$400.1M -$366.8M -$1.738B
YoY Change 9.07% 19.0% 22.99%
FINANCING ACTIVITIES
Cash Dividend Paid $26.48M $0.00 $79.44M
YoY Change -100.0% -89.41%
Common Stock Issuance & Retirement, Net $21.85M $0.00 -$1.406B
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$380.2M $747.9M $193.0M
YoY Change -150.83% 674.26% -234.9%
NET CHANGE
Cash From Operating Activities $509.3M $504.6M $1.788B
Cash From Investing Activities -$400.1M -$366.8M -$1.738B
Cash From Financing Activities -$380.2M $747.9M $193.0M
Net Change In Cash -$270.3M $885.3M $240.4M
YoY Change -130.53% 341.81% 569.79%
FREE CASH FLOW
Cash From Operating Activities $509.3M $504.6M $1.788B
Capital Expenditures $37.71M $33.25M $126.8M
Free Cash Flow $471.6M $471.3M $1.661B
YoY Change 0.05% 24.65% 13.65%

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OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
24500000 USD
CY2017 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
11276000 USD
CY2017 us-gaap Stockholders Equity Other
StockholdersEquityOther
268000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
3433112000 USD
CY2018Q1 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
34430000 USD
CY2018 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1406728000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
-609155000 USD
CY2018 us-gaap Dividends Common Stock
DividendsCommonStock
107355000 USD
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-67772000 USD
CY2017 adt Amortizationof Unearned Revenue Fair Value Adjustment
AmortizationofUnearnedRevenueFairValueAdjustment
0 USD
CY2018 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
135012000 USD
CY2018 us-gaap Stockholders Equity Other
StockholdersEquityOther
195000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
4224805000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
-609155000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
342627000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
-536587000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1930929000 USD
CY2017 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1863299000 USD
CY2017 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
51491000 USD
CY2016 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
16769000 USD
CY2016 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1232967000 USD
CY2017 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
46454000 USD
CY2018 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
59928000 USD
CY2018 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
79136000 USD
CY2016 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
10717000 USD
CY2018 adt Amortizationof Unearned Revenue Fair Value Adjustment
AmortizationofUnearnedRevenueFairValueAdjustment
166000 USD
CY2016 adt Amortizationof Unearned Revenue Fair Value Adjustment
AmortizationofUnearnedRevenueFairValueAdjustment
62845000 USD
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
135012000 USD
CY2017 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11276000 USD
CY2016 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4625000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-27338000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-776683000 USD
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-272512000 USD
CY2018 adt Provisionfor Doubtful Accountsand Inventory Writedown
ProvisionforDoubtfulAccountsandInventoryWritedown
61026000 USD
CY2017 adt Provisionfor Doubtful Accountsand Inventory Writedown
ProvisionforDoubtfulAccountsandInventoryWritedown
56687000 USD
CY2016 adt Provisionfor Doubtful Accountsand Inventory Writedown
ProvisionforDoubtfulAccountsandInventoryWritedown
37620000 USD
CY2018 adt Gain Losson Extinguishmentof Debt Including Non Gaap Adjustments
GainLossonExtinguishmentofDebtIncludingNonGAAPAdjustments
-274836000 USD
CY2017 adt Gain Losson Extinguishmentof Debt Including Non Gaap Adjustments
GainLossonExtinguishmentofDebtIncludingNonGAAPAdjustments
-4331000 USD
CY2016 adt Gain Losson Extinguishmentof Debt Including Non Gaap Adjustments
GainLossonExtinguishmentofDebtIncludingNonGAAPAdjustments
-24787000 USD
CY2018 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
87962000 USD
CY2017 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2016 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2018 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
20079000 USD
CY2017 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
43107000 USD
CY2016 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
60038000 USD
CY2018 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
60686000 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
60113000 USD
CY2016 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
34221000 USD
CY2018 us-gaap Increase Decrease In Finished Goods And Work In Process Inventories
IncreaseDecreaseInFinishedGoodsAndWorkInProcessInventories
2602000 USD
CY2017 us-gaap Increase Decrease In Finished Goods And Work In Process Inventories
IncreaseDecreaseInFinishedGoodsAndWorkInProcessInventories
-4944000 USD
CY2016 us-gaap Increase Decrease In Finished Goods And Work In Process Inventories
IncreaseDecreaseInFinishedGoodsAndWorkInProcessInventories
8797000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
9007000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-30695000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-9103000 USD
CY2018 adt Increase Decreasein Contractwith Customer Asset
IncreaseDecreaseinContractwithCustomerAsset
184674000 USD
CY2017 adt Increase Decreasein Contractwith Customer Asset
IncreaseDecreaseinContractwithCustomerAsset
165120000 USD
CY2016 adt Increase Decreasein Contractwith Customer Asset
IncreaseDecreaseinContractwithCustomerAsset
144583000 USD
CY2018 adt Increase Decreasein Contractwith Customer Liability
IncreaseDecreaseinContractwithCustomerLiability
-256498000 USD
CY2017 adt Increase Decreasein Contractwith Customer Liability
IncreaseDecreaseinContractwithCustomerLiability
-247479000 USD
CY2016 adt Increase Decreasein Contractwith Customer Liability
IncreaseDecreaseinContractwithCustomerLiability
-167784000 USD
CY2018 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
84245000 USD
CY2017 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-45754000 USD
CY2016 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-26608000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1787607000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1591930000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
617523000 USD
CY2017 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
653222000 USD
CY2018 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
693525000 USD
CY2016 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
407102000 USD
CY2018 adt Paymentsfor Subscriber System Assets
PaymentsforSubscriberSystemAssets
576290000 USD
CY2017 adt Paymentsfor Subscriber System Assets
PaymentsforSubscriberSystemAssets
582723000 USD
CY2016 adt Paymentsfor Subscriber System Assets
PaymentsforSubscriberSystemAssets
468594000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
126799000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
130624000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
78499000 USD
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
352819000 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
63518000 USD
CY2016 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
8501542000 USD
CY2018 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
0 USD
CY2017 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
0 USD
CY2016 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
-41586000 USD
CY2018 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-11223000 USD
CY2017 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-16777000 USD
CY2016 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-2437000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1738210000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1413310000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-9411714000 USD
CY2018 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
1406019000 USD
CY2017 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 USD
CY2016 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 USD
CY2018 us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
422875000 USD
CY2017 us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
1344126000 USD
CY2016 us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
6040019000 USD
CY2018 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
699637000 USD
CY2017 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
724999000 USD
CY2016 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
1392549000 USD
CY2018 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 USD
CY2017 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 USD
CY2016 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
658551000 USD
CY2018 us-gaap Repayments Of Mandatory Redeemable Capital Securities
RepaymentsOfMandatoryRedeemableCapitalSecurities
852769000 USD
CY2017 us-gaap Repayments Of Mandatory Redeemable Capital Securities
RepaymentsOfMandatoryRedeemableCapitalSecurities
0 USD
CY2016 us-gaap Repayments Of Mandatory Redeemable Capital Securities
RepaymentsOfMandatoryRedeemableCapitalSecurities
0 USD
CY2018 us-gaap Proceeds From Contributed Capital
ProceedsFromContributedCapital
0 USD
CY2017 us-gaap Proceeds From Contributed Capital
ProceedsFromContributedCapital
0 USD
CY2016 us-gaap Proceeds From Contributed Capital
ProceedsFromContributedCapital
3662201000 USD
CY2018 us-gaap Payments Of Dividends
PaymentsOfDividends
79439000 USD
CY2017 us-gaap Payments Of Dividends
PaymentsOfDividends
749999000 USD
CY2016 us-gaap Payments Of Dividends
PaymentsOfDividends
0 USD
CY2018 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
337000 USD
CY2016 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
104205000 USD
CY2018 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-3711000 USD
CY2017 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-11797000 USD
CY2016 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-35242000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
193001000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-143069000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
8828775000 USD
CY2018 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-2018000 USD
CY2017 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
338000 USD
CY2016 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-1297000 USD
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
240380000 USD
CY2017 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
35889000 USD
CY2016 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
33287000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
126782000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
90893000 USD
CY2015Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
57606000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
367162000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
126782000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
90893000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
688121000 USD
CY2017 us-gaap Interest Paid Net
InterestPaidNet
661250000 USD
CY2016 us-gaap Interest Paid Net
InterestPaidNet
430686000 USD
CY2018 us-gaap Income Taxes Paid
IncomeTaxesPaid
6346000 USD
CY2017 us-gaap Income Taxes Paid
IncomeTaxesPaid
19433000 USD
CY2016 us-gaap Income Taxes Paid
IncomeTaxesPaid
5446000 USD
CY2018Q1 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
1.681
CY2018 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-3000000 USD
CY2017 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
24000000 USD
CY2016 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-16000000 USD
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
34042000 USD
CY2016Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
28109000 USD
CY2015Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1498000 USD
CY2018 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
54558000 USD
CY2017 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
54074000 USD
CY2016 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
37407000 USD
CY2018 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
48835000 USD
CY2017 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
48141000 USD
CY2016 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
10796000 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
39765000 USD
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
34042000 USD
CY2016Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
28109000 USD
CY2018Q4 adt Subscriber System Assets Net
SubscriberSystemAssetsNet
2907701000 USD
CY2017Q4 adt Subscriber System Assets Net
SubscriberSystemAssetsNet
2892683000 USD
CY2018 adt Subscriber System Assets Amortization Expense
SubscriberSystemAssetsAmortizationExpense
60000000 USD
CY2018 us-gaap Depreciation
Depreciation
166000000 USD
CY2017 us-gaap Depreciation
Depreciation
151000000 USD
CY2016 us-gaap Depreciation
Depreciation
77000000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
391714000 USD
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
231993000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
326565000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
332445000 USD
CY2018 adt Subscriber System Assets Depreciation Expense
SubscriberSystemAssetsDepreciationExpense
549000000 USD
CY2017 adt Subscriber System Assets Depreciation Expense
SubscriberSystemAssetsDepreciationExpense
537000000 USD
adt Subscriber System Assets Depreciation Expense
SubscriberSystemAssetsDepreciationExpense
346000000 USD
CY2018Q4 adt Subscriber System Assets Gross
SubscriberSystemAssetsGross
4304279000 USD
CY2017Q4 adt Subscriber System Assets Gross
SubscriberSystemAssetsGross
3762905000 USD
CY2018Q4 adt Subscriber System Assets Accumulated Depreciation
SubscriberSystemAssetsAccumulatedDepreciation
1396578000 USD
CY2017Q4 adt Subscriber System Assets Accumulated Depreciation
SubscriberSystemAssetsAccumulatedDepreciation
870222000 USD
CY2017 adt Subscriber System Assets Amortization Expense
SubscriberSystemAssetsAmortizationExpense
51000000 USD
adt Subscriber System Assets Amortization Expense
SubscriberSystemAssetsAmortizationExpense
17000000 USD
CY2018 adt Revenuefrom Contractwith Customer Termof Customer Relationship
RevenuefromContractwithCustomerTermofCustomerRelationship
P15Y
CY2016 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-16000000 USD
CY2018Q4 us-gaap Interest Payable Current
InterestPayableCurrent
85046000 USD
CY2017Q4 us-gaap Interest Payable Current
InterestPayableCurrent
91592000 USD
CY2018Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
105089000 USD
CY2017Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
94501000 USD
CY2018Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
207944000 USD
CY2017Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
165247000 USD
CY2018Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
398079000 USD
CY2017Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
351340000 USD
CY2018 us-gaap Advertising Cost Policy Expensed Advertising Cost
AdvertisingCostPolicyExpensedAdvertisingCost
Advertising<span style="font-family:inherit;font-size:10pt;">Advertising costs were </span><span style="font-family:inherit;font-size:10pt;"><span>$143 million</span></span><span style="font-family:inherit;font-size:10pt;">, </span><span style="font-family:inherit;font-size:10pt;"><span>$134 million</span></span><span style="font-family:inherit;font-size:10pt;">, and </span><span style="font-family:inherit;font-size:10pt;"><span>$105 million</span></span><span style="font-family:inherit;font-size:10pt;"> in </span><span style="font-family:inherit;font-size:10pt;">2018</span><span style="font-family:inherit;font-size:10pt;">, </span><span style="font-family:inherit;font-size:10pt;">2017</span><span style="font-family:inherit;font-size:10pt;">, and </span><span style="font-family:inherit;font-size:10pt;">2016</span>, respectively. These costs are expensed when incurred and are included in selling, general and administrative expenses in the Consolidated Statements of Operations.
CY2018 us-gaap Advertising Expense
AdvertisingExpense
143000000 USD
CY2017 us-gaap Advertising Expense
AdvertisingExpense
134000000 USD
CY2016 us-gaap Advertising Expense
AdvertisingExpense
105000000 USD
CY2018 us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
5000000 USD
CY2017 us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
12000000 USD
CY2016 us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
34000000 USD
CY2018 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
22000000 USD
CY2018 us-gaap Gain Loss On Sale Of Equity Investments
GainLossOnSaleOfEquityInvestments
7500000 USD
CY2017 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
24000000 USD
CY2018 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
Concentration of Credit RisksThe primary financial instruments that could potentially subject the Company to concentrations of credit risks are accounts receivable. The Company’s concentration of credit risk with respect to accounts receivable is limited due to the significant size of its customer base.
CY2018Q4 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
221000000 USD
CY2017Q4 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
51000000 USD
CY2018 us-gaap Guarantees Indemnifications And Warranties Policies
GuaranteesIndemnificationsAndWarrantiesPolicies
GuaranteesIn the normal course of business, the Company is liable for contract completion and product performance. The Company does not believe such obligations will significantly affect its financial position, results of operations, or cash flows.
CY2018Q4 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
54000000 USD
CY2018Q1 us-gaap Litigation Settlement Amount Awarded From Other Party
LitigationSettlementAmountAwardedFromOtherParty
10000000 USD
CY2018Q1 us-gaap Litigation Settlement Amount Awarded From Other Party
LitigationSettlementAmountAwardedFromOtherParty
7500000 USD
CY2018Q1 adt Litigation Settlement Amount Awardedfrom Other Party Cash Amount
LitigationSettlementAmountAwardedfromOtherPartyCashAmount
24000000 USD
CY2018Q2 adt Equity Method Investments Amount Expectedfrom Sale
EquityMethodInvestmentsAmountExpectedfromSale
15000000 USD
CY2018Q2 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
12000000 USD
CY2018 us-gaap Gain Loss On Sale Of Equity Investments
GainLossOnSaleOfEquityInvestments
7500000 USD
CY2018 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
22000000 USD
CY2018 adt Revenuefrom Contractwith Customer Termof Customer Relationship
RevenuefromContractwithCustomerTermofCustomerRelationship
P15Y
CY2018Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
83856000 USD
CY2018Q1 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
315858000 USD
CY2018Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
130288000 USD
CY2018Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
1388594000 USD
CY2018Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-963782000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
363177000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
122899000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
75891000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
3985000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
3883000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
14932000 USD
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CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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126782000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2018 us-gaap Revenue From Contract With Customer Including Assessed Tax
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0
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CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
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CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
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0
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0
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3044000000 USD
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