2014 Form 10-K Financial Statement

#000101872415000006 Filed on January 30, 2015

View on sec.gov

Income Statement

Concept 2014 2013 Q4 2013 Q3
Revenue $88.99B $25.59B $17.09B
YoY Change 19.52% 20.31% 23.8%
Cost Of Revenue $62.75B $18.81B $12.37B
YoY Change 15.82% 16.55% 19.84%
Gross Profit $26.24B $6.781B $4.726B
YoY Change 29.43% 32.13% 35.53%
Gross Profit Margin 29.48% 26.5% 27.65%
Selling, General & Admin $5.884B $4.369B $972.0M
YoY Change 38.06% 30.65% 26.23%
% of Gross Profit 22.43% 64.43% 20.57%
Research & Development $9.275B $1.862B $1.734B
YoY Change 41.28% 38.44% 45.47%
% of Gross Profit 35.35% 27.46% 36.69%
Depreciation & Amortization $3.616B $962.0M $834.0M
YoY Change 46.99% 45.32% 50.27%
% of Gross Profit 13.78% 14.19% 17.65%
Operating Expenses $15.16B $6.271B $2.706B
YoY Change 40.01% 32.66% 37.92%
Operating Profit $178.0M $510.0M -$25.00M
YoY Change -76.11% 25.93% -10.71%
Interest Expense $210.0M -$29.00M $36.00M
YoY Change 48.94% 52.63% 63.64%
% of Operating Profit 117.98% -5.69%
Other Income/Expense, Net -$289.0M -$29.00M -$18.00M
YoY Change 20.92% -40.82% -400.0%
Pretax Income $292.0M $451.0M -$43.00M
YoY Change -58.52% 33.83% 95.45%
Income Tax $167.0M -$179.0M $12.00M
% Of Pretax Income 57.19% -39.69%
Net Earnings -$241.0M $239.0M -$41.00M
YoY Change -187.96% 146.39% -85.04%
Net Earnings / Revenue -0.27% 0.93% -0.24%
Basic Earnings Per Share -$0.52 $0.52 -$0.09
Diluted Earnings Per Share -$0.52 $0.51 -$0.09
COMMON SHARES
Basic Shares Outstanding 462.0M shares 458.0M shares 457.0M shares
Diluted Shares Outstanding 462.0M shares 467.0M shares 457.0M shares

Balance Sheet

Concept 2014 2013 Q4 2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $17.42B $12.45B $7.689B
YoY Change 39.92% 8.73% 46.51%
Cash & Equivalents $14.56B $8.658B $3.872B
Short-Term Investments $2.859B $3.789B $3.817B
Other Short-Term Assets $520.0M
YoY Change 25.91%
Inventory $8.299B $7.411B $6.068B
Prepaid Expenses
Receivables $5.612B $4.767B $3.057B
Other Receivables $0.00 $0.00
Total Short-Term Assets $31.33B $24.63B $17.33B
YoY Change 27.22% 15.63% 32.14%
LONG-TERM ASSETS
Property, Plant & Equipment $16.97B $10.95B $9.991B
YoY Change 54.96% 55.08% 76.46%
Goodwill $2.655B $2.635B
YoY Change 4.04% 3.74%
Intangibles
YoY Change
Long-Term Investments $209.0M $127.0M $159.0M
YoY Change 64.57%
Other Assets $1.919B $1.930B $1.773B
YoY Change 65.72% 17.18% 20.12%
Total Long-Term Assets $23.18B $15.53B $14.53B
YoY Change 49.21% 37.97% 49.52%
TOTAL ASSETS
Total Short-Term Assets $31.33B $24.63B $17.33B
Total Long-Term Assets $23.18B $15.53B $14.53B
Total Assets $54.51B $40.16B $31.86B
YoY Change 35.72% 23.36% 39.53%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $16.46B $15.13B $10.04B
YoY Change 8.76% 13.63% 19.93%
Accrued Expenses $6.207B $6.688B $6.098B
YoY Change 25.34% 36.71% 43.96%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.600B $753.0M $680.0M
YoY Change 107.37% 30.05%
Total Short-Term Liabilities $28.09B $22.98B $16.14B
YoY Change 22.23% 20.93% 28.0%
LONG-TERM LIABILITIES
Long-Term Debt $12.49B $3.191B $3.043B
YoY Change 141.05% 3.47%
Other Long-Term Liabilities $2.165B $4.242B $3.596B
YoY Change -3.86% 86.3% 34.38%
Total Long-Term Liabilities $14.65B $7.433B $6.639B
YoY Change 97.15% 38.65% 148.09%
TOTAL LIABILITIES
Total Short-Term Liabilities $28.09B $22.98B $16.14B
Total Long-Term Liabilities $14.65B $7.433B $6.639B
Total Liabilities $43.76B $30.41B $22.77B
YoY Change 43.9% 24.83% 49.03%
SHAREHOLDERS EQUITY
Retained Earnings $2.190B $1.950B
YoY Change 14.3% 7.26%
Common Stock $5.000M $5.000M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.837B $1.837B
YoY Change 0.0% 0.0%
Treasury Stock Shares
Shareholders Equity $10.74B $9.746B $9.087B
YoY Change
Total Liabilities & Shareholders Equity $54.51B $40.16B $31.86B
YoY Change 35.72% 23.36% 39.53%

Cashflow Statement

Concept 2014 2013 Q4 2013 Q3
OPERATING ACTIVITIES
Net Income -$241.0M $239.0M -$41.00M
YoY Change -187.96% 146.39% -85.04%
Depreciation, Depletion And Amortization $3.616B $962.0M $834.0M
YoY Change 46.99% 45.32% 50.27%
Cash From Operating Activities $6.842B $5.578B $1.388B
YoY Change 24.97% 9.78% 47.19%
INVESTING ACTIVITIES
Capital Expenditures $4.893B -$879.0M $1.038B
YoY Change 42.07% -56.61% 44.97%
Acquisitions
YoY Change
Other Investing Activities -$172.0M $35.00M -$24.00M
YoY Change -79.33% -103.31% -106.92%
Cash From Investing Activities -$5.065B -$844.0M -$1.063B
YoY Change 18.45% -72.62% 188.08%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00 $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $4.432B 57.00M -$230.0M
YoY Change -922.26% -98.2% -841.94%
NET CHANGE
Cash From Operating Activities $6.842B 5.578B $1.388B
Cash From Investing Activities -$5.065B -844.0M -$1.063B
Cash From Financing Activities $4.432B 57.00M -$230.0M
Net Change In Cash $6.209B 4.791B $95.00M
YoY Change 840.76% -7.24% -84.3%
FREE CASH FLOW
Cash From Operating Activities $6.842B $5.578B $1.388B
Capital Expenditures $4.893B -$879.0M $1.038B
Free Cash Flow $1.949B $6.457B $350.0M
YoY Change -4.04% -9.15% 54.19%

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LIBOR
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P1Y2M12D
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CY2014 us-gaap Goodwill Other Changes
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544000000 USD
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81000000 USD
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17000000 USD
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451000000 USD
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506000000 USD
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120000000 USD
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429000000 USD
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510000000 USD
CY2012 us-gaap Income Tax Expense Benefit
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CY2013 us-gaap Income Tax Expense Benefit
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CY2014Q3 us-gaap Income Tax Expense Benefit
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CY2014Q4 us-gaap Income Tax Expense Benefit
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CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
167000000 USD
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CY2013 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
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11000000 USD
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20000000 USD
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172000000 USD
CY2013 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2014 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2012 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2013 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2013 us-gaap Income Tax Reconciliation Other Adjustments
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CY2014 us-gaap Income Tax Reconciliation Other Adjustments
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CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2012 us-gaap Income Tax Reconciliation Tax Credits
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CY2013 us-gaap Income Tax Reconciliation Tax Credits
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CY2014 us-gaap Income Tax Reconciliation Tax Credits
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CY2014 us-gaap Income Taxes Paid Net
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CY2013 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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CY2014 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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CY2013 us-gaap Increase Decrease In Inventories
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1410000000 USD
CY2014 us-gaap Increase Decrease In Inventories
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CY2013 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2014 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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210000000 USD
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CY2014 us-gaap Investment Income Interest
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CY2014 us-gaap Lease And Rental Expense
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CY2014Q4 us-gaap Liabilities Current
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CY2014 us-gaap Line Of Credit Facility Description
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may be extended for up to three additional one-year terms if approved by the lenders
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CY2014 us-gaap Line Of Credit Facility Initiation Date1
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2014-09-05
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1520000000 USD
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CY2014 us-gaap Marketing And Advertising Expense
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3300000000 USD
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CY2013 us-gaap Net Income Loss
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CY2013 us-gaap Operating Income Loss
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CY2012 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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CY2014 us-gaap Other Operating Income Expense Net
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CY2012 us-gaap Payments For Repurchase Of Common Stock
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960000000 USD
CY2013 us-gaap Payments For Repurchase Of Common Stock
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0 USD
CY2014 us-gaap Payments For Repurchase Of Common Stock
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CY2012 us-gaap Payments To Acquire Businesses And Interest In Affiliates
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CY2013 us-gaap Payments To Acquire Businesses And Interest In Affiliates
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312000000 USD
CY2014 us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
979000000 USD
CY2012 us-gaap Payments To Acquire Investments
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3302000000 USD
CY2013 us-gaap Payments To Acquire Investments
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2826000000 USD
CY2014 us-gaap Payments To Acquire Investments
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2542000000 USD
CY2012 us-gaap Payments To Acquire Property Plant And Equipment
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CY2013Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.01
CY2014Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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CY2013Q4 us-gaap Preferred Stock Shares Authorized
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CY2014Q4 us-gaap Preferred Stock Shares Authorized
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500000000 shares
CY2013Q4 us-gaap Preferred Stock Shares Issued
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CY2014Q4 us-gaap Preferred Stock Shares Issued
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0 shares
CY2013Q4 us-gaap Preferred Stock Shares Outstanding
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0 shares
CY2014Q4 us-gaap Preferred Stock Shares Outstanding
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0 shares
CY2013Q4 us-gaap Preferred Stock Value
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CY2014Q4 us-gaap Preferred Stock Value
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394000000 USD
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Depreciation is recorded on a straight-line basis over the estimated useful lives of the assets (generally the lesser of 40 years or the remaining life of the underlying building,
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14809000000 USD
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22730000000 USD
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10949000000 USD
CY2014Q4 us-gaap Property Plant And Equipment Net
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16967000000 USD
CY2012 us-gaap Provision For Doubtful Accounts
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136000000 USD
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172000000 USD
CY2014 us-gaap Provision For Doubtful Accounts
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225000000 USD
CY2012 us-gaap Recognition Of Deferred Revenue
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1521000000 USD
CY2013 us-gaap Recognition Of Deferred Revenue
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2292000000 USD
CY2014 us-gaap Recognition Of Deferred Revenue
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3692000000 USD
CY2012 us-gaap Repayments Of Debt
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82000000 USD
CY2013 us-gaap Repayments Of Debt
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231000000 USD
CY2014 us-gaap Repayments Of Debt
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513000000 USD
CY2012 us-gaap Repayments Of Long Term Capital Lease Obligations
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486000000 USD
CY2013 us-gaap Repayments Of Long Term Capital Lease Obligations
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775000000 USD
CY2014 us-gaap Repayments Of Long Term Capital Lease Obligations
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1285000000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
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2190000000 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
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1949000000 USD
CY2012 us-gaap Revenue Recognition Sales Returns Reserve For Sales Returns
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198000000 USD
CY2013 us-gaap Revenue Recognition Sales Returns Reserve For Sales Returns
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167000000 USD
CY2014 us-gaap Revenue Recognition Sales Returns Reserve For Sales Returns
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147000000 USD
CY2012 us-gaap Sales Returns And Allowances Goods
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702000000 USD
CY2013 us-gaap Sales Returns And Allowances Goods
SalesReturnsAndAllowancesGoods
907000000 USD
CY2014 us-gaap Sales Returns And Allowances Goods
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1100000000 USD
CY2012 us-gaap Sales Revenue Goods Net
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51733000000 USD
CY2013 us-gaap Sales Revenue Goods Net
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60903000000 USD
CY2014 us-gaap Sales Revenue Goods Net
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70080000000 USD
CY2012 us-gaap Sales Revenue Net
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CY2013Q1 us-gaap Sales Revenue Net
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16070000000 USD
CY2013Q2 us-gaap Sales Revenue Net
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SalesRevenueNet
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CY2013 us-gaap Sales Revenue Net
SalesRevenueNet
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CY2014Q1 us-gaap Sales Revenue Net
SalesRevenueNet
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CY2014Q2 us-gaap Sales Revenue Net
SalesRevenueNet
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SalesRevenueNet
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SalesRevenueNet
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CY2014 us-gaap Sales Revenue Net
SalesRevenueNet
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CY2012 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
9360000000 USD
CY2013 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
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CY2014 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
18908000000 USD
CY2013Q4 us-gaap Security Owned And Pledged As Collateral Fair Value
SecurityOwnedAndPledgedAsCollateralFairValue
301000000 USD
CY2014Q4 us-gaap Security Owned And Pledged As Collateral Fair Value
SecurityOwnedAndPledgedAsCollateralFairValue
450000000 USD
CY2012 us-gaap Share Based Compensation
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833000000 USD
CY2013 us-gaap Share Based Compensation
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CY2014 us-gaap Share Based Compensation
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CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
1400000000 USD
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
1700000000 USD
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
400000 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
200000 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
400000 shares
CY2012 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
66000000 USD
CY2012 us-gaap Stock Issued During Period Value Share Based Compensation
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854000000 USD
CY2013 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1149000000 USD
CY2014 us-gaap Stock Issued During Period Value Share Based Compensation
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1510000000 USD
CY2012 us-gaap Stock Issued During Period Value Stock Options Exercised
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8000000 USD
CY2013 us-gaap Stock Issued During Period Value Stock Options Exercised
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4000000 USD
CY2014 us-gaap Stock Issued During Period Value Stock Options Exercised
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2000000 USD
CY2014Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
2000000000 USD
CY2014Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
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763000000 USD
CY2012 us-gaap Stock Repurchased During Period Value
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960000000 USD
CY2013 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
0 USD
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
7757000000 USD
CY2012Q4 us-gaap Stockholders Equity
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CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
9746000000 USD
CY2014Q4 us-gaap Stockholders Equity
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CY2014Q4 us-gaap Tax Credit Carryforward Amount
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506000000 USD
CY2014 us-gaap Tax Credit Carryforward Expiration Date
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2017-12-31
CY2013Q4 us-gaap Treasury Stock Value
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1837000000 USD
CY2014Q4 us-gaap Treasury Stock Value
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1837000000 USD
CY2014Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
2500000000 USD
CY2011Q4 us-gaap Unrecognized Tax Benefits
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229000000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits
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294000000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits
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407000000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits
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710000000 USD
CY2012 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
47000000 USD
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
18000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
50000000 USD
CY2012 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
4000000 USD
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
1000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
16000000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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33000000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
41000000 USD
CY2012 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
1000000 USD
CY2013 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
8000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
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8000000 USD
CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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26000000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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54000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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20000000 USD
CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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91000000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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78000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
351000000 USD
CY2012 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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1000000 USD
CY2013 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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0 USD
CY2014 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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2000000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
604000000 USD
CY2014Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Fifth Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFifthAnniversary
38000000 USD
CY2014Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On First Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFirstAnniversary
489000000 USD
CY2014Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Fourth Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFourthAnniversary
118000000 USD
CY2014Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Second Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnSecondAnniversary
435000000 USD
CY2014Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Third Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnThirdAnniversary
351000000 USD
CY2014Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
1434000000 USD
CY2014Q4 us-gaap Unrecorded Unconditional Purchase Obligation Due After Five Years
UnrecordedUnconditionalPurchaseObligationDueAfterFiveYears
3000000 USD
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
453000000 shares
CY2013Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
463000000 shares
CY2013Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
456000000 shares
CY2013Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
457000000 shares
CY2013Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
467000000 shares
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
465000000 shares
CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
468000000 shares
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WeightedAverageNumberOfDilutedSharesOutstanding
461000000 shares
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
463000000 shares
CY2014Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
472000000 shares
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
462000000 shares
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
453000000 shares
CY2013Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
455000000 shares
CY2013Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
456000000 shares
CY2013Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
457000000 shares
CY2013Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
458000000 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
457000000 shares
CY2014Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
460000000 shares
CY2014Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
461000000 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
463000000 shares
CY2014Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
464000000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
462000000 shares
CY2014 us-gaap Comparability Of Prior Year Financial Data
ComparabilityOfPriorYearFinancialData
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:18px;text-indent:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Prior Period Reclassifications </font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain prior period amounts have been reclassified to conform to the current period presentation, including the expanded presentation of &#8220;Net cash provided by (used in) financing activities&#8221; on</font></div></div>
CY2014 us-gaap Nature Of Operations
NatureOfOperations
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:6px;text-indent:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Description of Business</font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amazon.com opened its virtual doors on the World Wide Web in July 1995. We seek to be Earth&#8217;s most customer-centric company. In each of our </font><font style="font-family:inherit;font-size:10pt;">two</font><font style="font-family:inherit;font-size:10pt;"> geographic segments, we serve our primary customer sets, consisting of consumers, sellers, enterprises, and content creators. We serve consumers through our retail websites and focus on selection, price, and convenience. We also manufacture and sell electronic devices. We offer programs that enable sellers to sell their products on our websites and their own branded websites and to fulfill orders through us, and programs that allow authors, musicians, filmmakers, app developers, and others to publish and sell content. We serve developers and enterprises of all sizes through AWS, which provides access to technology infrastructure that enables virtually any type of business. In addition, we provide services, such as advertising services and co-branded credit card agreements.</font></div><div style="line-height:120%;padding-top:12px;text-align:left;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We have organized our operations into </font><font style="font-family:inherit;font-size:10pt;">two</font><font style="font-family:inherit;font-size:10pt;"> segments: North America and International. See &#8220;Note&#160;12&#8212;Segment Information.&#8221; </font></div></div>
CY2014 us-gaap Revenue Recognition Deferred Revenue
RevenueRecognitionDeferredRevenue
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:18px;text-indent:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Unearned Revenue</font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Unearned revenue is recorded when payments are received in advance of performing our service obligations and is recognized over the service period. Unearned revenue primarily relates to prepayments of Amazon Prime memberships and AWS services. </font></div></div>
CY2014 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:18px;text-indent:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires estimates and assumptions that affect the reported amounts of assets and liabilities, revenues and expenses, and related disclosures of contingent liabilities in the consolidated financial statements and accompanying notes. Estimates are used for, but not limited to, determining the selling price of products and services in multiple element revenue arrangements and determining the lives of these elements, incentive discount offers, sales returns, vendor funding, stock-based compensation forfeiture rates, income taxes, valuation and impairment of investments, inventory valuation and inventory purchase commitments, collectability of receivables, valuation of acquired intangibles and goodwill, depreciable lives of property and equipment, internal-use software and website development costs, acquisition purchase price allocations, investments in equity interests, and contingencies. Actual results could differ materially from those estimates.</font></div></div>

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