2018 Q2 Form 10-Q Financial Statement

#000087476118000054 Filed on August 07, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q2
Revenue $2.537B $2.613B
YoY Change -2.91% 6.57%
Cost Of Revenue $1.937B $1.990B
YoY Change -2.66% -25.05%
Gross Profit $600.0M $623.0M
YoY Change -3.69% 12.05%
Gross Profit Margin 23.65% 23.84%
Selling, General & Admin $35.00M $49.00M
YoY Change -28.57% 4.26%
% of Gross Profit 5.83% 7.87%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $258.0M $290.0M
YoY Change -11.03% -2.03%
% of Gross Profit 43.0% 46.55%
Operating Expenses $29.00M $39.00M
YoY Change -25.64% -11.36%
Operating Profit $571.0M $584.0M
YoY Change -2.23% 14.06%
Interest Expense $263.0M $276.0M
YoY Change -4.71% -29.23%
% of Operating Profit 46.06% 47.26%
Other Income/Expense, Net $4.000M $7.000M
YoY Change -42.86% -66.67%
Pretax Income -$167.0M $125.0M
YoY Change -233.6% -3.85%
Income Tax $132.0M $86.00M
% Of Pretax Income 68.8%
Net Earnings $290.0M $53.00M
YoY Change 447.17% -111.0%
Net Earnings / Revenue 11.43% 2.03%
Basic Earnings Per Share $0.44 $0.08
Diluted Earnings Per Share $0.44 $0.08
COMMON SHARES
Basic Shares Outstanding 661.0M shares 660.0M shares
Diluted Shares Outstanding 664.0M shares 662.0M shares

Balance Sheet

Concept 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.996B $1.953B
YoY Change 2.2% 7.96%
Cash & Equivalents $1.140B $1.213B
Short-Term Investments $856.0M $740.0M
Other Short-Term Assets $682.0M $1.061B
YoY Change -35.72% -26.37%
Inventory $583.0M $633.0M
Prepaid Expenses $116.0M $83.00M
Receivables $1.423B $2.173B
Other Receivables $0.00 $0.00
Total Short-Term Assets $5.287B $6.318B
YoY Change -16.32% -14.4%
LONG-TERM ASSETS
Property, Plant & Equipment $20.72B $23.19B
YoY Change -10.66% 0.68%
Goodwill $1.059B $1.157B
YoY Change -8.47% 0.0%
Intangibles $341.0M $397.0M
YoY Change -14.11% 81.28%
Long-Term Investments $1.327B $683.0M
YoY Change 94.29% 11.06%
Other Assets $1.700B $1.983B
YoY Change -14.27% 4.48%
Total Long-Term Assets $27.31B $30.15B
YoY Change -9.42% 1.89%
TOTAL ASSETS
Total Short-Term Assets $5.287B $6.318B
Total Long-Term Assets $27.31B $30.15B
Total Assets $32.60B $36.47B
YoY Change -10.62% -1.37%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.506B $1.684B
YoY Change -10.57% 17.43%
Accrued Expenses $1.036B $1.893B
YoY Change -45.27% -9.08%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $1.235B $2.572B
YoY Change -51.98% 59.75%
Total Short-Term Liabilities $3.994B $6.411B
YoY Change -37.7% 3.14%
LONG-TERM LIABILITIES
Long-Term Debt $18.36B $18.20B
YoY Change 0.88% -5.09%
Other Long-Term Liabilities $2.562B $2.905B
YoY Change -11.81% -5.44%
Total Long-Term Liabilities $22.08B $23.19B
YoY Change -4.79% -4.68%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.994B $6.411B
Total Long-Term Liabilities $22.08B $23.19B
Total Liabilities $26.08B $29.60B
YoY Change -11.91% -3.09%
SHAREHOLDERS EQUITY
Retained Earnings -$1.234B -$1.086B
YoY Change 13.63% 282.39%
Common Stock $16.38 $8.000M
YoY Change -100.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.879B $1.892B
YoY Change -0.69% -0.63%
Treasury Stock Shares 154.9M shares 155.9M shares
Shareholders Equity $3.309B $3.021B
YoY Change
Total Liabilities & Shareholders Equity $32.60B $36.47B
YoY Change -10.62% -1.37%

Cashflow Statement

Concept 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income $290.0M $53.00M
YoY Change 447.17% -111.0%
Depreciation, Depletion And Amortization $258.0M $290.0M
YoY Change -11.03% -2.03%
Cash From Operating Activities $394.0M $274.0M
YoY Change 43.8% -62.21%
INVESTING ACTIVITIES
Capital Expenditures -$499.0M -$649.0M
YoY Change -23.11% 5.53%
Acquisitions
YoY Change
Other Investing Activities $203.0M -$130.0M
YoY Change -256.15% -20.25%
Cash From Investing Activities -$296.0M -$779.0M
YoY Change -62.0% 0.13%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -99.00M 143.0M
YoY Change -169.23% 4.38%
NET CHANGE
Cash From Operating Activities 394.0M 274.0M
Cash From Investing Activities -296.0M -779.0M
Cash From Financing Activities -99.00M 143.0M
Net Change In Cash -1.000M -362.0M
YoY Change -99.72% -530.95%
FREE CASH FLOW
Cash From Operating Activities $394.0M $274.0M
Capital Expenditures -$499.0M -$649.0M
Free Cash Flow $893.0M $923.0M
YoY Change -3.25% -31.12%

Facts In Submission

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us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
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10000000 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Period Increase Decrease
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us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
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us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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CY2017Q2 us-gaap Income Loss From Individually Significant Component Disposed Of Or Held For Sale Excluding Discontinued Operations Attributable To Parent Before Income Tax
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290000000 USD
CY2017Q2 us-gaap Investment Income Interest
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us-gaap Investment Income Interest
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CY2018Q2 us-gaap Investment Income Interest
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76000000 USD
us-gaap Investment Income Interest
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152000000 USD
CY2017Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
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1197000000 USD
CY2018Q2 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
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1327000000 USD
CY2017Q4 us-gaap Land
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502000000 USD
CY2018Q2 us-gaap Land
Land
480000000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
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33112000000 USD
CY2018Q2 us-gaap Liabilities And Stockholders Equity
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32597000000 USD
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6028000000 USD
CY2018Q2 us-gaap Liabilities Current
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3994000000 USD
CY2017Q4 us-gaap Liabilities Noncurrent
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21402000000 USD
CY2018Q2 us-gaap Liabilities Noncurrent
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22083000000 USD
CY2017Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
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1033000000 USD
CY2017Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
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1033000000 USD
CY2018Q2 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
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17000000 USD
CY2017Q4 us-gaap Minority Interest
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2380000000 USD
CY2018Q2 us-gaap Minority Interest
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2348000000 USD
CY2018Q1 us-gaap Minority Interest
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2461000000 USD
us-gaap Loss Contingency Accrual Carrying Value Period Increase Decrease
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us-gaap Loss Contingency Accrual Carrying Value Period Increase Decrease
LossContingencyAccrualCarryingValuePeriodIncreaseDecrease
0 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
198000000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
185000000 USD
us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
-267000000 USD
us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
0 USD
us-gaap Net Cash Provided By Used In Discontinued Operations
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us-gaap Net Cash Provided By Used In Discontinued Operations
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69000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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64000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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120000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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962000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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914000000 USD
CY2017Q2 us-gaap Net Income Loss
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53000000 USD
us-gaap Net Income Loss
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29000000 USD
CY2018Q2 us-gaap Net Income Loss
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290000000 USD
us-gaap Net Income Loss
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CY2017Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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89000000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
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210000000 USD
CY2018Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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128000000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
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221000000 USD
us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
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18000000 USD
us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
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6000000 USD
CY2017Q4 us-gaap Notes And Loans Receivable Gross Noncurrent
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0 USD
CY2018Q2 us-gaap Notes And Loans Receivable Gross Noncurrent
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1458000000 USD
CY2018Q1 us-gaap Notes And Loans Receivable Gross Noncurrent
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1490000000 USD
CY2017Q4 us-gaap Notes Receivable Net
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194000000 USD
CY2018Q2 us-gaap Notes Receivable Net
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155000000 USD
us-gaap Number Of Operating Segments
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us-gaap Number Of Reportable Segments
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CY2017Q2 us-gaap Other Asset Impairment Charges
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90000000 USD
us-gaap Other Asset Impairment Charges
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258000000 USD
CY2018Q2 us-gaap Other Asset Impairment Charges
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92000000 USD
us-gaap Other Asset Impairment Charges
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92000000 USD
CY2017Q4 us-gaap Other Assets Current
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630000000 USD
CY2018Q2 us-gaap Other Assets Current
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682000000 USD
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691000000 USD
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1741000000 USD
CY2018Q2 us-gaap Other Assets Noncurrent
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1700000000 USD
CY2017Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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-51000000 USD
CY2018Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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-142000000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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CY2017Q2 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
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0 USD
us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
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1000000 USD
CY2018Q2 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
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us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
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us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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2000000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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63000000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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47000000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2017Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
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CY2018Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
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CY2017Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Tax
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0 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Tax
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0 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Tax
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0 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Tax
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0 USD
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us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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CY2018Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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CY2018Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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10000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
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11000000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
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9000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
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8000000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
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CY2018Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
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CY2017Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
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CY2018Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
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CY2017Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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17000000 USD
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us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
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us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
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0 USD
CY2017Q2 us-gaap Other Expenses
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us-gaap Other Expenses
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us-gaap Other Expenses
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us-gaap Other Income
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us-gaap Other Income
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us-gaap Other Noncash Income Expense
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us-gaap Other Noncash Income Expense
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us-gaap Other Operating Activities Cash Flow Statement
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us-gaap Other Operating Activities Cash Flow Statement
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176000000 USD
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565000000 USD
CY2018Q2 us-gaap Other Restricted Assets Noncurrent
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us-gaap Payments For Advance To Affiliate
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90000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
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15000000 USD
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57000000 USD
us-gaap Payments Of Dividends Common Stock
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158000000 USD
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172000000 USD
us-gaap Payments Of Financing Costs
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80000000 USD
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25000000 USD
us-gaap Payments To Acquire Businesses And Interest In Affiliates
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42000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
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994000000 USD
us-gaap Payments To Acquire Short Term Investments
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1876000000 USD
us-gaap Payments To Acquire Short Term Investments
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938000000 USD
us-gaap Payments To Minority Shareholders
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184000000 USD
us-gaap Payments To Minority Shareholders
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128000000 USD
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116000000 USD
us-gaap Proceeds From Divestiture Of Businesses And Interests In Affiliates
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33000000 USD
us-gaap Proceeds From Divestiture Of Businesses And Interests In Affiliates
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1808000000 USD
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us-gaap Proceeds From Lines Of Credit
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us-gaap Proceeds From Minority Shareholders
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44000000 USD
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28000000 USD
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27000000 USD
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267000000 USD
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363000000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
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793000000 USD
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15000000 USD
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414000000 USD
us-gaap Proceeds From Sale Of Productive Assets
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0 USD
us-gaap Proceeds From Sale Of Short Term Investments
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1930000000 USD
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418000000 USD
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150000000 USD
us-gaap Profit Loss
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248000000 USD
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416000000 USD
us-gaap Profit Loss
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41000000 USD
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379000000 USD
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us-gaap Restructuring Costs
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0 USD
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0 USD
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us-gaap Stock Issued During Period Value Share Based Compensation
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5700000000 USD
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6074000000 USD
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4845000000 USD
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837000000 USD
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863000000 USD
us-gaap Temporary Equity Net Income
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us-gaap Temporary Equity Net Income
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us-gaap Temporary Equity Other Changes
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7000000 USD
us-gaap Temporary Equity Other Changes
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5000000 USD
CY2017Q4 us-gaap Treasury Stock Shares
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us-gaap Unrealized Gain Loss On Derivatives
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CY2018Q2 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
24000000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
12000000 USD
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
662000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
662000000 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
664000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
664000000 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
660000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
660000000 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
661000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
661000000 shares

Files In Submission

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0000874761-18-000054.txt Edgar Link pending
0000874761-18-000054-xbrl.zip Edgar Link pending
aes-20180630.xml Edgar Link completed
aes-20180630.xsd Edgar Link pending
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aes-20180630_lab.xml Edgar Link unprocessable
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aes06302018exhibit311.htm Edgar Link pending
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