2015 Q2 Form 10-Q Financial Statement

#000101872415000087 Filed on July 24, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2014 Q2 2013 Q2
Revenue $23.19B $19.34B $15.70B
YoY Change 19.88% 23.15% 22.36%
Cost Of Revenue $15.16B $13.40B $11.21B
YoY Change 13.14% 19.54% 18.14%
Gross Profit $8.025B $5.941B $4.495B
YoY Change 35.08% 32.17% 34.34%
Gross Profit Margin 34.61% 30.72% 28.62%
Selling, General & Admin $1.617B $1.320B $961.0M
YoY Change 22.5% 37.36% 24.97%
% of Gross Profit 20.15% 22.22% 21.38%
Research & Development $3.020B $2.226B $1.586B
YoY Change 35.67% 40.35% 46.58%
% of Gross Profit 37.63% 37.47% 35.28%
Depreciation & Amortization $1.504B $1.109B $757.0M
YoY Change 35.62% 46.5% 56.08%
% of Gross Profit 18.74% 18.67% 16.84%
Operating Expenses $4.637B $3.546B $2.547B
YoY Change 30.77% 39.22% 37.6%
Operating Profit $464.0M -$15.00M $79.00M
YoY Change -3193.33% -118.99% -26.17%
Interest Expense $114.0M $45.00M $33.00M
YoY Change 153.33% 36.36% 57.14%
% of Operating Profit 24.57% 41.77%
Other Income/Expense, Net -$102.0M -$12.00M -$62.00M
YoY Change 750.0% -80.65% -258.97%
Pretax Income $362.0M -$27.00M $17.00M
YoY Change -1440.74% -258.82% -88.36%
Income Tax $266.0M $94.00M -$13.00M
% Of Pretax Income 73.48% -76.47%
Net Earnings $92.00M -$126.0M -$7.000M
YoY Change -173.02% 1700.0% -200.0%
Net Earnings / Revenue 0.4% -0.65% -0.04%
Basic Earnings Per Share $0.20 -$0.27 -$0.02
Diluted Earnings Per Share $0.19 -$0.27 -$0.02
COMMON SHARES
Basic Shares Outstanding 467.0M shares 461.0M shares 456.0M shares
Diluted Shares Outstanding 476.0M shares 461.0M shares 456.0M shares

Balance Sheet

Concept 2015 Q2 2014 Q2 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $14.00B $7.986B $7.463B
YoY Change 75.32% 7.01% 50.16%
Cash & Equivalents $10.27B $5.057B $3.704B
Short-Term Investments $3.732B $2.929B $3.759B
Other Short-Term Assets $541.0M
YoY Change 32.6%
Inventory $7.470B $6.644B $5.420B
Prepaid Expenses
Receivables $4.920B $4.125B $2.861B
Other Receivables
Total Short-Term Assets $26.39B $18.76B $16.29B
YoY Change 40.71% 15.17% 38.09%
LONG-TERM ASSETS
Property, Plant & Equipment $19.48B $14.09B $8.789B
YoY Change 38.26% 60.3% 72.43%
Goodwill $3.523B $2.677B $2.614B
YoY Change 31.6% 2.41% 3.69%
Intangibles
YoY Change
Long-Term Investments $225.0M $213.0M $166.0M
YoY Change 5.63% 28.31%
Other Assets $3.047B $2.377B $1.807B
YoY Change 28.19% 31.54% 14.01%
Total Long-Term Assets $26.05B $19.14B $13.34B
YoY Change 36.08% 43.52% 44.52%
TOTAL ASSETS
Total Short-Term Assets $26.39B $18.76B $16.29B
Total Long-Term Assets $26.05B $19.14B $13.34B
Total Assets $52.44B $37.90B $29.62B
YoY Change 38.37% 27.93% 40.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.39B $10.46B $8.990B
YoY Change 18.49% 16.32% 27.12%
Accrued Expenses $8.959B $6.688B $5.745B
YoY Change 33.96% 16.41% 47.61%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.259B $860.0M $691.0M
YoY Change 46.4% 24.46%
Total Short-Term Liabilities $23.91B $18.75B $14.74B
YoY Change 27.52% 27.25% 34.39%
LONG-TERM LIABILITIES
Long-Term Debt $8.250B $3.119B $3.042B
YoY Change 164.51% 2.53%
Other Long-Term Liabilities $8.510B $5.426B $3.113B
YoY Change 56.84% 74.3% 21.93%
Total Long-Term Liabilities $16.76B $8.545B $6.155B
YoY Change 96.14% 38.83% 141.09%
TOTAL LIABILITIES
Total Short-Term Liabilities $23.91B $18.75B $14.74B
Total Long-Term Liabilities $16.76B $8.545B $6.155B
Total Liabilities $40.67B $27.30B $20.89B
YoY Change 49.0% 30.67% 54.55%
SHAREHOLDERS EQUITY
Retained Earnings $1.984B $2.172B $1.991B
YoY Change -8.66% 9.09% -4.83%
Common Stock $5.000M $5.000M $5.000M
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.837B $1.837B $1.837B
YoY Change 0.0% 0.0% 0.0%
Treasury Stock Shares
Shareholders Equity $11.77B $10.60B $8.733B
YoY Change
Total Liabilities & Shareholders Equity $52.44B $37.90B $29.62B
YoY Change 38.37% 27.93% 40.91%

Cashflow Statement

Concept 2015 Q2 2014 Q2 2013 Q2
OPERATING ACTIVITIES
Net Income $92.00M -$126.0M -$7.000M
YoY Change -173.02% 1700.0% -200.0%
Depreciation, Depletion And Amortization $1.504B $1.109B $757.0M
YoY Change 35.62% 46.5% 56.08%
Cash From Operating Activities $1.997B $862.0M $880.0M
YoY Change 131.67% -2.05% 48.15%
INVESTING ACTIVITIES
Capital Expenditures $1.213B $1.290B $855.0M
YoY Change -5.97% 50.88% 30.14%
Acquisitions
YoY Change
Other Investing Activities -$163.0M $560.0M -$563.0M
YoY Change -129.11% -199.47% -993.65%
Cash From Investing Activities -$1.376B -$731.0M -$1.420B
YoY Change 88.24% -48.52% 138.66%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$691.0M -$189.0M -$209.0M
YoY Change 265.61% -9.57% -411.94%
NET CHANGE
Cash From Operating Activities $1.997B $862.0M $880.0M
Cash From Investing Activities -$1.376B -$731.0M -$1.420B
Cash From Financing Activities -$691.0M -$189.0M -$209.0M
Net Change In Cash -$70.00M -$58.00M -$749.0M
YoY Change 20.69% -92.26% -1234.85%
FREE CASH FLOW
Cash From Operating Activities $1.997B $862.0M $880.0M
Capital Expenditures $1.213B $1.290B $855.0M
Free Cash Flow $784.0M -$428.0M $25.00M
YoY Change -283.18% -1812.0% -139.68%

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1000000 USD
CY2015Q2 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
-1000000 USD
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
-2000000 USD
CY2014Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
377000000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
704000000 USD
CY2015Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
467000000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
894000000 USD
CY2014Q4 us-gaap Goodwill
Goodwill
3319000000 USD
CY2015Q2 us-gaap Goodwill
Goodwill
3523000000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
218000000 USD
us-gaap Goodwill Other Changes
GoodwillOtherChanges
-14000000 USD
CY2014Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-27000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
93000000 USD
CY2015Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
362000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
383000000 USD
CY2014Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-5000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
56000000 USD
CY2015Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-4000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-11000000 USD
CY2014Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
94000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
167000000 USD
CY2015Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
266000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
337000000 USD
CY2014 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
158000000 USD
CY2015 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
188000000 USD
CY2014Q2 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
71000000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
109000000 USD
CY2015Q2 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
65000000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
119000000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1056000000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2901000000 USD
CY2014Q2 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-344000000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-5018000000 USD
CY2015Q2 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
373000000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-3876000000 USD
CY2014 us-gaap Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
936000000 USD
CY2015 us-gaap Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
1456000000 USD
CY2014Q2 us-gaap Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
299000000 USD
us-gaap Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
-428000000 USD
CY2015Q2 us-gaap Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
430000000 USD
us-gaap Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
-11000000 USD
CY2014 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
770000000 USD
CY2015 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
387000000 USD
CY2014Q2 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-15000000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-746000000 USD
CY2015Q2 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-129000000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-1068000000 USD
CY2014 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
3477000000 USD
CY2015 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
5647000000 USD
CY2014Q2 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
894000000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
1986000000 USD
CY2015Q2 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
1397000000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
3200000000 USD
CY2014 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1124000000 USD
CY2015 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1291000000 USD
CY2014Q2 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-92000000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-791000000 USD
CY2015Q2 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
27000000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
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CY2014Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2015Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
9000000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
9000000 shares
CY2014Q2 us-gaap Interest Expense
InterestExpense
45000000 USD
us-gaap Interest Expense
InterestExpense
87000000 USD
CY2015Q2 us-gaap Interest Expense
InterestExpense
114000000 USD
us-gaap Interest Expense
InterestExpense
228000000 USD
CY2014 us-gaap Interest Paid
InterestPaid
94000000 USD
CY2015 us-gaap Interest Paid
InterestPaid
212000000 USD
CY2014Q2 us-gaap Interest Paid
InterestPaid
31000000 USD
us-gaap Interest Paid
InterestPaid
49000000 USD
CY2015Q2 us-gaap Interest Paid
InterestPaid
152000000 USD
us-gaap Interest Paid
InterestPaid
169000000 USD
CY2014Q4 us-gaap Inventory Net
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8299000000 USD
CY2015Q2 us-gaap Inventory Net
InventoryNet
7470000000 USD
CY2014Q2 us-gaap Investment Income Interest
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11000000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
21000000 USD
CY2015Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
12000000 USD
us-gaap Investment Income Interest
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23000000 USD
CY2014Q2 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
229000000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
448000000 USD
CY2015Q2 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
267000000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
533000000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
54505000000 USD
CY2015Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
52440000000 USD
CY2014Q4 us-gaap Liabilities Current
LiabilitiesCurrent
28089000000 USD
CY2015Q2 us-gaap Liabilities Current
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23912000000 USD
CY2015Q2 us-gaap Line Of Credit Facility Description
LineOfCreditFacilityDescription
may be extended for up to three additional one-year terms if approved by the lenders
CY2015Q2 us-gaap Line Of Credit Facility Fair Value Of Amount Outstanding
LineOfCreditFacilityFairValueOfAmountOutstanding
0 USD
CY2015Q2 us-gaap Line Of Credit Facility Initiation Date1
LineOfCreditFacilityInitiationDate1
2014-09-05
CY2015Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
2000000000 USD
CY2014Q4 us-gaap Long Term Debt
LongTermDebt
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CY2015Q2 us-gaap Long Term Debt
LongTermDebt
9602000000 USD
CY2014Q4 us-gaap Long Term Debt Current
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1520000000 USD
CY2015Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
1259000000 USD
CY2014Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
9100000000 USD
CY2015Q2 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
9000000000 USD
CY2014Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
8265000000 USD
CY2015Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
8250000000 USD
CY2014Q4 us-gaap Longterm Debt Weighted Average Interest Rate
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0.055
CY2015Q2 us-gaap Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
0.043
CY2014Q4 us-gaap Marketable Securities Current
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2859000000 USD
CY2015Q2 us-gaap Marketable Securities Current
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3732000000 USD
CY2014Q2 us-gaap Marketing Expense
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943000000 USD
us-gaap Marketing Expense
MarketingExpense
1813000000 USD
CY2015Q2 us-gaap Marketing Expense
MarketingExpense
1150000000 USD
us-gaap Marketing Expense
MarketingExpense
2233000000 USD
CY2014 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2015 us-gaap Net Cash Provided By Used In Financing Activities
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3453000000 USD
CY2014Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-364000000 USD
CY2015Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-691000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1344000000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3560000000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2014Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2015Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1376000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2014 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
5327000000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
8980000000 USD
CY2014Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
862000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1640000000 USD
CY2015Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1997000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
498000000 USD
CY2014 us-gaap Net Income Loss
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181000000 USD
CY2015 us-gaap Net Income Loss
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CY2014Q2 us-gaap Net Income Loss
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us-gaap Net Income Loss
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CY2015Q2 us-gaap Net Income Loss
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92000000 USD
us-gaap Net Income Loss
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35000000 USD
CY2014Q2 us-gaap Nonoperating Income Expense
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us-gaap Nonoperating Income Expense
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CY2015Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-102000000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-336000000 USD
CY2014Q2 us-gaap Operating Income Loss
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-15000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
132000000 USD
CY2015Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
464000000 USD
us-gaap Operating Income Loss
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719000000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due
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6088000000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due Current
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861000000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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620000000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
709000000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
798000000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
500000000 USD
CY2014Q4 us-gaap Other Assets Noncurrent
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CY2015Q2 us-gaap Other Assets Noncurrent
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3047000000 USD
CY2015Q2 us-gaap Other Commitment
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2530000000 USD
CY2015Q2 us-gaap Other Commitment Due In Fourth Year
OtherCommitmentDueInFourthYear
113000000 USD
CY2015Q2 us-gaap Other Commitment Due In Next Twelve Months
OtherCommitmentDueInNextTwelveMonths
355000000 USD
CY2015Q2 us-gaap Other Commitment Due In Second Year
OtherCommitmentDueInSecondYear
223000000 USD
CY2015Q2 us-gaap Other Commitment Due In Third Year
OtherCommitmentDueInThirdYear
151000000 USD
CY2015Q2 us-gaap Other Commitments Future Minimum Payments Remainder Of Fiscal Year
OtherCommitmentsFutureMinimumPaymentsRemainderOfFiscalYear
578000000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
2000000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
3000000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
7000000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
8000000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
11000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
39000000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
128000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2014Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
1000000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
1000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
13000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
42000000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
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135000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2014Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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1000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
1000000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
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CY2014Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
0 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
0 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
1000000 USD
CY2014Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
3000000 USD
CY2015Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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6000000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
7000000 USD
CY2014Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
0 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-1000000 USD
CY2015Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
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CY2014Q2 us-gaap Other Cost And Expense Operating
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28000000 USD
us-gaap Other Cost And Expense Operating
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63000000 USD
CY2015Q2 us-gaap Other Cost And Expense Operating
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48000000 USD
us-gaap Other Cost And Expense Operating
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92000000 USD
CY2014Q4 us-gaap Other Liabilities Noncurrent
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7410000000 USD
CY2015Q2 us-gaap Other Liabilities Noncurrent
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8510000000 USD
CY2014Q4 us-gaap Other Long Term Debt
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881000000 USD
CY2015Q2 us-gaap Other Long Term Debt
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602000000 USD
CY2014 us-gaap Other Noncash Income Expense
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CY2015 us-gaap Other Noncash Income Expense
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CY2014Q2 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
8000000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
57000000 USD
CY2015Q2 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-18000000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
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CY2014Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
22000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
27000000 USD
CY2015Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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CY2014 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
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CY2015 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
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CY2014Q2 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
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us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
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CY2015Q2 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
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us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
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us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
91000000 USD
us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
41000000 USD
CY2014 us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
127000000 USD
CY2015 us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
1287000000 USD
CY2014Q2 us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
67000000 USD
us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
66000000 USD
CY2015Q2 us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
8000000 USD
us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
374000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
303000000 USD
CY2014 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
1710000000 USD
CY2015 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
3379000000 USD
CY2014Q2 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
336000000 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
773000000 USD
CY2015Q2 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
625000000 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
1610000000 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4288000000 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4607000000 USD
CY2014Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1290000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2370000000 USD
CY2015Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1213000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2084000000 USD
CY2014Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2015Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2014Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
500000000 shares
CY2015Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
500000000 shares
CY2014Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2015Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2015Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2014Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2015Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2014 us-gaap Proceeds From Repayments Of Long Term Debt And Capital Securities
ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities
627000000 USD
CY2015 us-gaap Proceeds From Repayments Of Long Term Debt And Capital Securities
ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities
6236000000 USD
CY2014Q2 us-gaap Proceeds From Repayments Of Long Term Debt And Capital Securities
ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities
286000000 USD
us-gaap Proceeds From Repayments Of Long Term Debt And Capital Securities
ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities
351000000 USD
CY2015Q2 us-gaap Proceeds From Repayments Of Long Term Debt And Capital Securities
ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities
44000000 USD
us-gaap Proceeds From Repayments Of Long Term Debt And Capital Securities
ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities
226000000 USD
CY2014 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
2565000000 USD
CY2015 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
2639000000 USD
CY2014Q2 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
962000000 USD
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
1555000000 USD
CY2015Q2 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
470000000 USD
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
845000000 USD
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
16967000000 USD
CY2015Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
19479000000 USD
CY2014 us-gaap Recognition Of Deferred Revenue
RecognitionOfDeferredRevenue
2913000000 USD
CY2015 us-gaap Recognition Of Deferred Revenue
RecognitionOfDeferredRevenue
4582000000 USD
CY2014Q2 us-gaap Recognition Of Deferred Revenue
RecognitionOfDeferredRevenue
810000000 USD
us-gaap Recognition Of Deferred Revenue
RecognitionOfDeferredRevenue
1542000000 USD
CY2015Q2 us-gaap Recognition Of Deferred Revenue
RecognitionOfDeferredRevenue
1269000000 USD
us-gaap Recognition Of Deferred Revenue
RecognitionOfDeferredRevenue
2432000000 USD
CY2014 us-gaap Repayments Of Debt
RepaymentsOfDebt
334000000 USD
CY2015 us-gaap Repayments Of Debt
RepaymentsOfDebt
797000000 USD
CY2014Q2 us-gaap Repayments Of Debt
RepaymentsOfDebt
178000000 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
247000000 USD
CY2015Q2 us-gaap Repayments Of Debt
RepaymentsOfDebt
215000000 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
531000000 USD
CY2014 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
969000000 USD
CY2015 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
1832000000 USD
CY2014Q2 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
285000000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
535000000 USD
CY2015Q2 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
580000000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
1082000000 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1949000000 USD
CY2015Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1984000000 USD
CY2014Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
15251000000 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
30956000000 USD
CY2015Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
17104000000 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
34187000000 USD
CY2014Q2 us-gaap Sales Revenue Net
SalesRevenueNet
19340000000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
39081000000 USD
CY2015Q2 us-gaap Sales Revenue Net
SalesRevenueNet
23185000000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
45901000000 USD
CY2014Q2 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
4089000000 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
8125000000 USD
CY2015Q2 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
6081000000 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
11714000000 USD
CY2014Q4 us-gaap Security Owned And Pledged As Collateral Fair Value
SecurityOwnedAndPledgedAsCollateralFairValue
450000000 USD
CY2015Q2 us-gaap Security Owned And Pledged As Collateral Fair Value
SecurityOwnedAndPledgedAsCollateralFairValue
168000000 USD
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
1318000000 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
1755000000 USD
CY2014Q2 us-gaap Share Based Compensation
ShareBasedCompensation
391000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
711000000 USD
CY2015Q2 us-gaap Share Based Compensation
ShareBasedCompensation
563000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
969000000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
10741000000 USD
CY2015Q2 us-gaap Stockholders Equity
StockholdersEquity
11768000000 USD
CY2014Q4 us-gaap Treasury Stock Value
TreasuryStockValue
1837000000 USD
CY2015Q2 us-gaap Treasury Stock Value
TreasuryStockValue
1837000000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
710000000 USD
CY2015Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
854000000 USD
CY2015Q2 us-gaap Unrecorded Unconditional Purchase Obligation Balance On First Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFirstAnniversary
581000000 USD
CY2015Q2 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Fourth Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFourthAnniversary
101000000 USD
CY2015Q2 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Second Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnSecondAnniversary
455000000 USD
CY2015Q2 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Third Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnThirdAnniversary
318000000 USD
CY2015Q2 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
1748000000 USD
CY2015Q2 us-gaap Unrecorded Unconditional Purchase Obligation Due In Remainder Of Fiscal Year
UnrecordedUnconditionalPurchaseObligationDueInRemainderOfFiscalYear
278000000 USD
CY2014Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
461000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
460000000 shares
CY2015Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
476000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
475000000 shares
CY2014Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
461000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
460000000 shares
CY2015Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
467000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
466000000 shares
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 our consolidated statements of cash flows and recasting the segment financial information within &#8220;Note 4 &#8212; Acquisitions, Goodwill, and Acquired Intangible Assets&#8221; and &#8220;Note 8 &#8212; Segment Information&#8221; as a result of changing our reportable segments to include an Amazon Web Services (&#8220;AWS&#8221;) segment.</font></div></div>
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 amortization period 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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amzn-20150630.xml Edgar Link completed
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