2017 Q4 Form 10-K Financial Statement

#000108622219000066 Filed on February 28, 2019

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q3 2017 Q2
Revenue $663.5M $621.4M $608.9M
YoY Change 7.68% 6.39% 6.43%
Cost Of Revenue $229.9M $225.5M $214.7M
YoY Change 13.01% 10.28% 4.05%
Gross Profit $433.5M $395.9M $394.2M
YoY Change 5.06% 4.3% 7.77%
Gross Profit Margin 65.34% 63.71% 64.74%
Selling, General & Admin $238.9M $242.4M $241.5M
YoY Change 9.89% 12.24% 14.57%
% of Gross Profit 55.11% 61.22% 61.25%
Research & Development $59.70M $57.23M $53.37M
YoY Change 27.56% 35.16% 41.61%
% of Gross Profit 13.77% 14.45% 13.54%
Depreciation & Amortization $99.40M $97.20M $89.20M
YoY Change 18.33% 15.03% 4.82%
% of Gross Profit 22.93% 24.55% 22.63%
Operating Expenses $326.3M $299.6M $294.8M
YoY Change 13.1% 16.0% 18.67%
Operating Profit $107.2M $91.25M $85.59M
YoY Change -13.64% -18.35% -22.32%
Interest Expense -$400.0K $4.746M $4.646M
YoY Change -20.0% 1.71% 0.15%
% of Operating Profit -0.37% 5.2% 5.43%
Other Income/Expense, Net $500.0K $535.0K $563.0K
YoY Change -82.14% -31.23% 35.66%
Pretax Income $32.20M $91.51M $85.79M
YoY Change -74.4% -18.07% -21.54%
Income Tax -$21.30M $27.59M $29.04M
% Of Pretax Income -66.15% 30.16% 33.85%
Net Earnings $27.52M $63.91M $56.75M
YoY Change -69.97% -15.91% -22.93%
Net Earnings / Revenue 4.15% 10.29% 9.32%
Basic Earnings Per Share $0.16 $0.37 $0.33
Diluted Earnings Per Share $0.16 $0.37 $0.33
COMMON SHARES
Basic Shares Outstanding 169.2M shares 171.0M shares 172.7M shares
Diluted Shares Outstanding 171.5M shares 173.4M shares

Balance Sheet

Concept 2017 Q4 2017 Q3 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $711.9M $752.0M $683.1M
YoY Change -14.95% -17.47% -21.37%
Cash & Equivalents $313.4M $368.2M $352.5M
Short-Term Investments $398.6M $383.8M $330.6M
Other Short-Term Assets $29.30M $142.9M $159.4M
YoY Change 48.49% 21.41% 20.3%
Inventory
Prepaid Expenses
Receivables $461.5M $400.8M $395.9M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.346B $1.296B $1.238B
YoY Change 2.77% -6.57% -9.32%
LONG-TERM ASSETS
Property, Plant & Equipment $862.5M $883.8M $856.0M
YoY Change 7.68% 10.76% 8.8%
Goodwill $1.499B $1.359B $1.357B
YoY Change 21.99% 18.03% 17.95%
Intangibles $201.3M $176.3M $184.0M
YoY Change 34.65% 26.94% 29.0%
Long-Term Investments $567.6M $661.9M $731.8M
YoY Change -27.17% -13.78% 0.08%
Other Assets $136.4M $113.7M $114.8M
YoY Change 42.12% 26.58% 26.36%
Total Long-Term Assets $3.303B $3.213B $3.251B
YoY Change 7.82% 8.32% 11.93%
TOTAL ASSETS
Total Short-Term Assets $1.346B $1.296B $1.238B
Total Long-Term Assets $3.303B $3.213B $3.251B
Total Assets $4.649B $4.509B $4.489B
YoY Change 6.31% 3.57% 5.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $80.28M $88.34M $91.74M
YoY Change 5.46% 18.85% 34.42%
Accrued Expenses $283.7M $268.0M $222.0M
YoY Change 18.83% -7.95% -5.12%
Deferred Revenue $70.50M
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $456.7M $430.3M $399.1M
YoY Change 21.92% -0.29% 5.98%
LONG-TERM LIABILITIES
Long-Term Debt $662.9M $657.1M $651.4M
YoY Change 3.56% 3.56% 3.56%
Other Long-Term Liabilities $143.0M $128.8M $125.8M
YoY Change 20.44% 22.04% 26.1%
Total Long-Term Liabilities $143.0M $128.8M $125.8M
YoY Change 20.44% 22.04% 26.1%
TOTAL LIABILITIES
Total Short-Term Liabilities $456.7M $430.3M $399.1M
Total Long-Term Liabilities $143.0M $128.8M $125.8M
Total Liabilities $1.286B $1.236B $1.202B
YoY Change 11.98% 4.37% 7.38%
SHAREHOLDERS EQUITY
Retained Earnings -$690.7M -$761.5M -$822.0M
YoY Change -28.11% -27.64% -27.15%
Common Stock $1.699M $1.755M $1.751M
YoY Change -1.96% -2.17% -2.23%
Preferred Stock
YoY Change
Treasury Stock (at cost) $0.00 $306.6M $177.6M
YoY Change 3.99% -11.06%
Treasury Stock Shares 0.000 shares 5.823M shares 3.122M shares
Shareholders Equity $3.362B $3.273B $3.287B
YoY Change
Total Liabilities & Shareholders Equity $4.649B $4.509B $4.489B
YoY Change 6.31% 3.57% 5.14%

Cashflow Statement

Concept 2017 Q4 2017 Q3 2017 Q2
OPERATING ACTIVITIES
Net Income $27.52M $63.91M $56.75M
YoY Change -69.97% -15.91% -22.93%
Depreciation, Depletion And Amortization $99.40M $97.20M $89.20M
YoY Change 18.33% 15.03% 4.82%
Cash From Operating Activities $197.5M $236.2M $224.7M
YoY Change 7.22% -6.23% -8.02%
INVESTING ACTIVITIES
Capital Expenditures -$106.9M -$119.7M -$97.00M
YoY Change 40.84% 49.81% 24.04%
Acquisitions
YoY Change
Other Investing Activities -$95.30M $17.30M -$197.9M
YoY Change 7.44% -156.54% 226.03%
Cash From Investing Activities -$202.2M -$102.4M -$294.9M
YoY Change 22.77% -7.33% 112.46%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -50.90M -119.7M -105.5M
YoY Change -25.91% 39.02% 19.75%
NET CHANGE
Cash From Operating Activities 197.5M 236.2M 224.7M
Cash From Investing Activities -202.2M -102.4M -294.9M
Cash From Financing Activities -50.90M -119.7M -105.5M
Net Change In Cash -55.60M 14.10M -175.7M
YoY Change 13.01% -74.5% -1109.77%
FREE CASH FLOW
Cash From Operating Activities $197.5M $236.2M $224.7M
Capital Expenditures -$106.9M -$119.7M -$97.00M
Free Cash Flow $304.4M $355.9M $321.7M
YoY Change 17.03% 7.26% -0.25%

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559713000 USD
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199257000 USD
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398554000 USD
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559713000 USD
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4900000 USD
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314429000 USD
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722558000 USD
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104.49
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0.01
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1699000 USD
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305224000 USD
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271391000 USD
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45900000 USD
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71800000 USD
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700000 shares
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16483000 USD
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63200000 USD
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2269910000 USD
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343089000 USD
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48781000 USD
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45773000 USD
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13700000 USD
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16700000 USD
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334302000 USD
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372313000 USD
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0.37
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1.29
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0.31
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0.64
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1.76
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12990000 USD
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0.130
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0.35
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0.35
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0.017
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0.007
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0.000
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-0.034
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-0.079
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-0.060
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0.027
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0.037
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0.010
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-0.001
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0.010
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0.009
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0.020
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0.015
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies State And Local
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0.012
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0.033
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0.070
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180301000 USD
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23093000 USD
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28851000 USD
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34785000 USD
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268400000 USD
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P1Y9M18D
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49014000 USD
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56237000 USD
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48502000 USD
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201542000 USD
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230843000 USD
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36600000 USD
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17100000 USD
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22400000 USD
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28000000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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33900000 USD
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402801000 USD
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399191000 USD
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201259000 USD
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168348000 USD
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439916000 USD
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509165000 USD
CY2018 us-gaap General And Administrative Expense
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574067000 USD
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CY2017Q4 us-gaap Goodwill
Goodwill
1498688000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
1487404000 USD
CY2017 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
10546000 USD
CY2018 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-4617000 USD
CY2017 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
4217000 USD
CY2018 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-6667000 USD
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IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
280092000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
92588000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
186270000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
221604000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
370468000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
466362000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
314192000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-27379000 USD
CY2018 us-gaap Income Tax Examination Estimate Of Possible Loss
IncomeTaxExaminationEstimateOfPossibleLoss
35000000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
145635000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
91426000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
44716000 USD
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-787000 USD
CY2017 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-430000 USD
CY2018 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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2824000 USD
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120233000 USD
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
91640000 USD
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
45129000 USD
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18491000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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33232000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
42238000 USD
CY2016 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2970000 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable
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50054000 USD
CY2018 us-gaap Increase Decrease In Accounts Receivable
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30445000 USD
CY2016 us-gaap Increase Decrease In Contract With Customer Liability
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-3512000 USD
CY2017 us-gaap Increase Decrease In Contract With Customer Liability
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2938000 USD
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-919000 USD
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5484000 USD
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16378000 USD
CY2018 us-gaap Increase Decrease In Other Current Liabilities
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9422000 USD
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26202000 USD
CY2017 us-gaap Increase Decrease In Other Operating Capital Net
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-14442000 USD
CY2018 us-gaap Increase Decrease In Other Operating Capital Net
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-14142000 USD
CY2016 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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-42145000 USD
CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
28968000 USD
CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
4132000 USD
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IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2017 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2018 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2016 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2017 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2018 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2016 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
914000 shares
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IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
892000 shares
CY2018 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
1744000 shares
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IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
384000 shares
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
260000 shares
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
132000 shares
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201259000 USD
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168348000 USD
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3402000 USD
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InterestCostsCapitalizedAdjustment
3987000 USD
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4533000 USD
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22040000 USD
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22826000 USD
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46493000 USD
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18638000 USD
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InterestExpense
18839000 USD
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1210709000 USD
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686400000 USD
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567592000 USD
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209066000 USD
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233608000 USD
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871812000 USD
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800983000 USD
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1008327000 USD
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320727000 USD
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74583000 USD
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56752000 USD
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63911000 USD
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27520000 USD
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222766000 USD
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53714000 USD
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43061000 USD
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107583000 USD
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94015000 USD
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298373000 USD
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1 segment
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OperatingIncomeLoss
466510000 USD
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314289000 USD
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OperatingIncomeLoss
362499000 USD
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75991000 USD
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78683000 USD
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1300000 USD
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OperatingLeasesIncomeStatementSubleaseRevenue
3600000 USD
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3800000 USD
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8368000 USD
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10072000 USD
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29302000 USD
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18711000 USD
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136365000 USD
CY2018Q4 us-gaap Other Assets Noncurrent
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116067000 USD
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CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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36151000 USD
CY2018 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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-27585000 USD
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OtherComprehensiveIncomeLossNetOfTax
35745000 USD
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OtherComprehensiveIncomeLossNetOfTax
-26982000 USD
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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-26982000 USD
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-15503000 USD
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-688000 USD
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-406000 USD
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OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
603000 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-432000 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-245000 USD
CY2018 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
200000 USD
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22178000 USD
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27681000 USD
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142955000 USD
CY2018Q4 us-gaap Other Liabilities Noncurrent
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160940000 USD
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3788000 USD
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887000 USD
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28866000 USD
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22871000 USD
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4587000 USD
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OtherRestructuringCosts
31965000 USD
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4940000 USD
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101300000 USD
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0 USD
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PaymentsForHedgeFinancingActivities
0 USD
CY2018 us-gaap Payments For Hedge Financing Activities
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261740000 USD
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1586000 USD
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2066000 USD
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62000000 USD
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373794000 USD
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361194000 USD
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750000000 USD
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4488000 USD
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9110000 USD
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24854000 USD
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135340000 USD
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160632000 USD
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188132000 USD
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781061000 USD
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326497000 USD
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873697000 USD
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95439000 USD
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PaymentsToAcquireBusinessesNetOfCashAcquired
369073000 USD
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PaymentsToAcquireBusinessesNetOfCashAcquired
79000 USD
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PaymentsToAcquirePropertyPlantAndEquipment
180949000 USD
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PaymentsToAcquirePropertyPlantAndEquipment
254146000 USD
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217609000 USD
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0.01
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0.01
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5000000 shares
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5000000 shares
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18501000 USD
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59560000 USD
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ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
55680000 USD
CY2018 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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62608000 USD
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2018Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
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0 shares
CY2018Q4 us-gaap Preferred Stock Shares Outstanding
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0 shares
CY2017Q4 us-gaap Preferred Stock Value
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0 USD
CY2018Q4 us-gaap Preferred Stock Value
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0 USD
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172853000 USD
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163360000 USD
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30314000 USD
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47196000 USD
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0 USD
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0 USD
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1132185000 USD
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1664000 USD
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6750000 USD
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78000000 USD
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ProceedsFromIssuanceOfWarrants
0 USD
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ProceedsFromIssuanceOfWarrants
0 USD
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ProceedsFromIssuanceOfWarrants
119945000 USD
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664837000 USD
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432853000 USD
CY2018 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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758481000 USD
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0 USD
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57740000 USD
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219916000 USD
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16569000 USD
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174600000 USD
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208000000 USD
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2346982000 USD
CY2018Q4 us-gaap Property Plant And Equipment Gross
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2587837000 USD
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862535000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
910618000 USD
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167628000 USD
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ResearchAndDevelopmentExpense
222434000 USD
CY2018 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
246165000 USD
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457000 USD
CY2017Q4 us-gaap Restricted Cash
RestrictedCash
1047000 USD
CY2018Q4 us-gaap Restricted Cash
RestrictedCash
532000 USD
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10301000 USD
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RestructuringCharges
54884000 USD
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RestructuringCharges
27594000 USD
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387000 USD
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RestructuringReserve
1613000 USD
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14243000 USD
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RetainedEarningsAccumulatedDeficit
-430890000 USD
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RevenueFromContractWithCustomerIncludingAssessedTax
2347988000 USD
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RevenueFromContractWithCustomerIncludingAssessedTax
600293000 USD
CY2017Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
605832000 USD
CY2017Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
624440000 USD
CY2017Q4 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
658470000 USD
CY2017 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
2489035000 USD
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RevenueFromContractWithCustomerIncludingAssessedTax
668724000 USD
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10981000 USD
CY2016 us-gaap Restructuring Reserve Settled Without Cash2
RestructuringReserveSettledWithoutCash2
4587000 USD
CY2017 us-gaap Restructuring Reserve Settled Without Cash2
RestructuringReserveSettledWithoutCash2
33144000 USD
CY2018 us-gaap Restructuring Reserve Settled Without Cash2
RestructuringReserveSettledWithoutCash2
6529000 USD
CY2018 us-gaap Restructuring Reserve Translation And Other Adjustment
RestructuringReserveTranslationAndOtherAdjustment
527000 USD
CY2018Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
662759000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
669628000 USD
CY2018Q4 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
713363000 USD
CY2018 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
2714474000 USD
CY2018Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
2400000000 USD
CY2018Q4 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P1Y
CY2018Q4 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
CY2018Q4 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.70
CY2016 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
427885000 USD
CY2017 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
481522000 USD
CY2018 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
517353000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
144506000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
164308000 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
183813000 USD
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
120000 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
37.33
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
2852000 USD
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
339000 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
120000 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
36.36
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
37.33
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
2852000 USD
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
120000 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
37.33
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
35.83
CY2018Q4 us-gaap Share Price
SharePrice
61.08
CY2018Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
2852000 USD
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P1Y9M11D
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P1Y9M11D
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P1Y9M11D
CY2018Q4 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
33200000 USD
CY2017 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
42302000 USD
CY2018 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
50688000 USD
CY2013Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
750000000.0 USD
CY2016Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
1000000000.0 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
3362469000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
3191860000 USD
CY2018 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
219000 shares
CY2017Q4 us-gaap Supplies
Supplies
26354000 USD
CY2016 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
39914000 USD
CY2018Q4 us-gaap Supplies
Supplies
21876000 USD
CY2017Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
47584000 USD
CY2018Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
1100000000.0 USD
CY2018Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
750000000 USD
CY2018Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
1100000000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
3162865000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
3270218000 USD
CY2018Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
59578000 USD
CY2016 us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
0 USD
CY2017 us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
0 USD
CY2018 us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
0 USD
CY2016 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
373794000 USD
CY2017 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
361194000 USD
CY2018 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
750000000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
65290000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
69117000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
85845000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
64892000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
6491000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
277000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
15287000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
2038000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
5205000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
13700000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
10700000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
11800000 USD
CY2016 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
3900000 USD
CY2017 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
2300000 USD
CY2018 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
1300000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
6252000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
27163000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
3021000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
6391000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
2692000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
2704000 USD
CY2016 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
287000 USD
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
12850000 USD
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
6186000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
67800000 USD
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
176215000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
172711000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
171559000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
169188000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
174917000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
167312000 shares
CY2018 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Concentrations of Credit Risk</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The amounts reflected in the consolidated balance sheets for accounts receivable, other current assets, accounts payable, accrued liabilities and other current liabilities approximate fair values due to their short-term maturities. The Company maintains the majority of its cash, cash equivalents and marketable securities with major financial institutions that the Company believes to be of high credit standing. The Company believes that, as of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2018</font><font style="font-family:inherit;font-size:10pt;">, its concentration of credit risk related to cash equivalents and marketable securities was not significant.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Concentrations of credit risk with respect to accounts receivable are primarily limited to certain customers to which the Company makes substantial sales. The Company&#8217;s customer base consists of a large number of geographically-dispersed customers diversified across several industries. To reduce risk, the Company routinely assesses the financial strength of its customers. Based on such assessments, the Company believes that its accounts receivable credit risk exposure is limited. For the years ended </font><font style="font-family:inherit;font-size:10pt;">December 31, 2018, 2017 and 2016</font><font style="font-family:inherit;font-size:10pt;">, no customer accounted for more than </font><font style="font-family:inherit;font-size:10pt;">10%</font><font style="font-family:inherit;font-size:10pt;"> of total revenue. As of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;">, no customer had an accounts receivable balance greater than </font><font style="font-family:inherit;font-size:10pt;">10%</font><font style="font-family:inherit;font-size:10pt;"> of total accounts receivable. The Company believes that, as of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2018</font><font style="font-family:inherit;font-size:10pt;">, its concentration of credit risk related to accounts receivable was not significant.</font></div></div>
CY2018 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company prepares its consolidated financial statements in conformity with accounting principles generally accepted in the United States of America. These principles require management to make estimates, judgments and assumptions that affect the reported amounts of assets, liabilities, revenue and expenses, and the amounts disclosed in the related notes to the consolidated financial statements. Actual results and outcomes may differ materially from management&#8217;s estimates, judgments and assumptions. Significant estimates, judgments and assumptions used in these financial statements include, but are not limited to, those related to revenue, accounts receivable and related reserves, valuation and impairment of investments and marketable securities, valuation and useful lives of acquired intangible assets, useful lives and realizability of long-lived assets, capitalized internal-use software development costs, income tax reserves and accounting for stock-based compensation. Estimates are periodically reviewed in light of changes in circumstances, facts and experience. The effects of material revisions in estimates are reflected in the consolidated financial statements prospectively from the date of the change in estimate.</font></div></div>

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