2015 Q4 Form 10-K Financial Statement

#000160649816000044 Filed on February 29, 2016

View on sec.gov

Income Statement

Concept 2015 Q4 2014 Q4 2013 Q4
Revenue -$664.0M $439.4M $431.3M
YoY Change -251.12% 1.88%
Cost Of Revenue -$523.8M $282.9M $276.0M
YoY Change -285.15% 2.5%
Gross Profit -$140.2M $156.5M $155.3M
YoY Change -189.58% 0.77%
Gross Profit Margin 35.62% 36.01%
Selling, General & Admin $49.50M $126.4M $84.50M
YoY Change -60.84% 49.59%
% of Gross Profit 80.77% 54.41%
Research & Development $5.100M $7.500M $13.70M
YoY Change -32.0% -45.26%
% of Gross Profit 4.79% 8.82%
Depreciation & Amortization $16.80M $23.80M $16.60M
YoY Change -29.41% 43.37%
% of Gross Profit 15.21% 10.69%
Operating Expenses -$402.7M $132.5M $97.70M
YoY Change -403.92% 35.62%
Operating Profit $262.5M $24.00M $57.60M
YoY Change 993.75% -58.33%
Interest Expense -$8.000M -$5.900M $800.0K
YoY Change 35.59% -837.5%
% of Operating Profit -3.05% -24.58% 1.39%
Other Income/Expense, Net $100.0K
YoY Change
Pretax Income $254.5M $18.10M $58.50M
YoY Change 1306.08% -69.06%
Income Tax -$85.10M $20.50M $18.70M
% Of Pretax Income -33.44% 113.26% 31.97%
Net Earnings $14.50M -$2.400M $39.80M
YoY Change -704.17% -106.03%
Net Earnings / Revenue -0.55% 9.23%
Basic Earnings Per Share
Diluted Earnings Per Share $306.6K -$51.61K $855.9K
COMMON SHARES
Basic Shares Outstanding 46.61M shares 46.54M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2015 Q4 2014 Q4 2013 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $129.5M $149.0M $44.10M
YoY Change -13.09% 237.87%
Cash & Equivalents $129.5M $149.0M $44.10M
Short-Term Investments
Other Short-Term Assets $18.60M $18.90M $52.10M
YoY Change -1.59% -63.72%
Inventory $303.2M $283.1M $285.6M
Prepaid Expenses
Receivables $224.7M $233.9M $203.3M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $676.0M $683.6M $585.1M
YoY Change -1.11% 16.83%
LONG-TERM ASSETS
Property, Plant & Equipment $279.5M $277.8M $324.9M
YoY Change 0.61% -14.5%
Goodwill $678.4M $1.426B $1.430B
YoY Change -52.43% -0.28% -0.28%
Intangibles $82.60M $108.3M $141.2M
YoY Change -23.73% -23.3%
Long-Term Investments $0.00 $0.00
YoY Change
Other Assets $2.000M $2.200M $2.700M
YoY Change -9.09% -18.52%
Total Long-Term Assets $1.324B $1.834B $1.899B
YoY Change -27.81% -3.4%
TOTAL ASSETS
Total Short-Term Assets $676.0M $683.6M $585.1M
Total Long-Term Assets $1.324B $1.834B $1.899B
Total Assets $2.000B $2.518B $2.484B
YoY Change -20.56% 1.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $163.2M $168.7M $118.5M
YoY Change -3.26% 42.36%
Accrued Expenses $152.0M $183.4M $180.0M
YoY Change -17.12% 1.89%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $3.900M $11.90M
YoY Change -100.0% -67.23%
Long-Term Debt Due $0.00 $3.900M $11.90M
YoY Change -100.0% -67.23%
Total Short-Term Liabilities $315.2M $356.0M $310.4M
YoY Change -11.46% 14.69%
LONG-TERM LIABILITIES
Long-Term Debt $578.1M $622.6M $0.00
YoY Change -7.15%
Other Long-Term Liabilities $27.80M $20.20M $94.50M
YoY Change 37.62% -78.62%
Total Long-Term Liabilities $51.60M $48.10M $94.50M
YoY Change 7.28% -49.1%
TOTAL LIABILITIES
Total Short-Term Liabilities $315.2M $356.0M $310.4M
Total Long-Term Liabilities $51.60M $48.10M $94.50M
Total Liabilities $944.9M $1.027B $404.9M
YoY Change -7.97% 153.57%
SHAREHOLDERS EQUITY
Retained Earnings -$419.0M $7.300M $0.00
YoY Change -5839.73%
Common Stock $500.0K $500.0K $0.00
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.000M $0.00
YoY Change
Treasury Stock Shares
Shareholders Equity $1.055B $1.491B $2.079B
YoY Change
Total Liabilities & Shareholders Equity $2.000B $2.518B $2.484B
YoY Change -20.56% 1.36%

Cashflow Statement

Concept 2015 Q4 2014 Q4 2013 Q4
OPERATING ACTIVITIES
Net Income $14.50M -$2.400M $39.80M
YoY Change -704.17% -106.03%
Depreciation, Depletion And Amortization $16.80M $23.80M $16.60M
YoY Change -29.41% 43.37%
Cash From Operating Activities $23.00M $40.60M $76.70M
YoY Change -43.35% -47.07%
INVESTING ACTIVITIES
Capital Expenditures -$6.000M -$18.10M -$11.10M
YoY Change -66.85% 63.06%
Acquisitions
YoY Change
Other Investing Activities $0.00 $7.800M $300.0K
YoY Change -100.0% 2500.0%
Cash From Investing Activities -$6.000M -$10.30M -$10.80M
YoY Change -41.75% -4.63%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 200.0K 61.60M -67.50M
YoY Change -99.68% -191.26%
NET CHANGE
Cash From Operating Activities 23.00M 40.60M 76.70M
Cash From Investing Activities -6.000M -10.30M -10.80M
Cash From Financing Activities 200.0K 61.60M -67.50M
Net Change In Cash 17.20M 91.90M -1.600M
YoY Change -81.28% -5843.75%
FREE CASH FLOW
Cash From Operating Activities $23.00M $40.60M $76.70M
Capital Expenditures -$6.000M -$18.10M -$11.10M
Free Cash Flow $29.00M $58.70M $87.80M
YoY Change -50.6% -33.14%

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5900000 USD
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0 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
4800000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
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16700000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
8900000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
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17400000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInventoryCosts
19800000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
27900000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
23800000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
1200000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
500000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
27500000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
39400000 USD
CY2014Q4 us-gaap Deposit Liability Current
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7800000 USD
CY2015Q4 us-gaap Deposit Liability Current
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0 USD
CY2013 us-gaap Depreciation
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40000000 USD
CY2014 us-gaap Depreciation
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53000000 USD
CY2015 us-gaap Depreciation
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40000000 USD
CY2013 us-gaap Depreciation Depletion And Amortization
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69200000 USD
CY2014 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
85400000 USD
CY2015 us-gaap Depreciation Depletion And Amortization
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65400000 USD
CY2014Q4 us-gaap Disposal Group Including Discontinued Operation Long Lived Assets Noncurrent
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2600000 USD
CY2015Q4 us-gaap Disposal Group Including Discontinued Operation Long Lived Assets Noncurrent
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0 USD
CY2013 us-gaap Earnings Per Share Basic
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3.32
CY2014 us-gaap Earnings Per Share Basic
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0.58
CY2015 us-gaap Earnings Per Share Basic
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-9.15
CY2013 us-gaap Earnings Per Share Diluted
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3.32
CY2014 us-gaap Earnings Per Share Diluted
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0.58
CY2015 us-gaap Earnings Per Share Diluted
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-9.15
CY2013 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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3300000 USD
CY2014 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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-1500000 USD
CY2015 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-3900000 USD
CY2013 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.321
CY2014 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.703
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.038
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2013 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.006
CY2014 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.021
CY2015 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.001
CY2013 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.032
CY2014 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.003
CY2015 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.006
CY2013 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.000
CY2014 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.176
CY2015 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.000
CY2013 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLosses
0.000
CY2014 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLosses
0.000
CY2015 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLosses
-0.404
CY2013 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.026
CY2014 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.026
CY2015 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.012
CY2013 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings
0.000
CY2014 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings
0.155
CY2015 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings
0.000
CY2013 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.023
CY2014 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.030
CY2015 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.003
CY2014Q4 us-gaap Equity Method Investments
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0 USD
CY2015Q4 us-gaap Equity Method Investments
EquityMethodInvestments
0 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
222400000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
248200000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
21600000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
20900000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
5200000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
7600000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
11700000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
15600000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Gross
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324000000 USD
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13900000 USD
CY2013 us-gaap Income Loss From Subsidiaries Net Of Tax
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0 USD
CY2014 us-gaap Income Loss From Subsidiaries Net Of Tax
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0 USD
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330800000 USD
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101600000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Net
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82600000 USD
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-6700000 USD
CY2015 us-gaap Gain Loss On Disposition Of Assets1
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6700000 USD
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CY2013Q4 us-gaap Goodwill
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CY2014Q4 us-gaap Goodwill
Goodwill
1426100000 USD
CY2015Q4 us-gaap Goodwill
Goodwill
945200000 USD
CY2013 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2014 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2015 us-gaap Goodwill Impairment Loss
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474000000 USD
CY2014 us-gaap Goodwill Translation Adjustments
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-4000000 USD
CY2015 us-gaap Goodwill Translation Adjustments
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-6900000 USD
CY2013 us-gaap Gross Profit
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612200000 USD
CY2014 us-gaap Gross Profit
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548600000 USD
CY2015 us-gaap Gross Profit
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531600000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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136800000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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91800000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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227800000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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91200000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
91000000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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-600000 USD
CY2015 us-gaap Income Loss From Subsidiaries Net Of Tax
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0 USD
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
73200000 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
64100000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
15800000 USD
CY2013 us-gaap Income Taxes Paid
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74200000 USD
CY2014 us-gaap Income Taxes Paid
IncomeTaxesPaid
87600000 USD
CY2015 us-gaap Income Taxes Paid
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43300000 USD
CY2013 us-gaap Increase Decrease In Accounts Payable Trade
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15100000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable Trade
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4500000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable Trade
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14700000 USD
CY2013 us-gaap Increase Decrease In Accounts Receivable
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19500000 USD
CY2014 us-gaap Increase Decrease In Accounts Receivable
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-15100000 USD
CY2015 us-gaap Increase Decrease In Accounts Receivable
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-9000000 USD
CY2013 us-gaap Increase Decrease In Accrued Liabilities
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-23800000 USD
CY2014 us-gaap Increase Decrease In Accrued Liabilities
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900000 USD
CY2015 us-gaap Increase Decrease In Accrued Liabilities
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-14500000 USD
CY2015Q4 us-gaap Inventory Net
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303200000 USD
CY2014Q4 us-gaap Inventory Raw Materials
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49700000 USD
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-14300000 USD
CY2014 us-gaap Increase Decrease In Inventories
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2900000 USD
CY2015 us-gaap Increase Decrease In Inventories
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20200000 USD
CY2013 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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-2000000 USD
CY2014 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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4800000 USD
CY2015 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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6000000 USD
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108300000 USD
CY2015Q4 us-gaap Intangible Assets Net Excluding Goodwill
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82600000 USD
CY2014 us-gaap Interest Costs Capitalized
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1000000 USD
CY2015 us-gaap Interest Costs Capitalized
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1000000 USD
CY2013 us-gaap Interest Expense
InterestExpense
100000 USD
CY2014 us-gaap Interest Expense
InterestExpense
6000000 USD
CY2015 us-gaap Interest Expense
InterestExpense
33100000 USD
CY2013 us-gaap Interest Paid
InterestPaid
0 USD
CY2014 us-gaap Interest Paid
InterestPaid
0 USD
CY2015 us-gaap Interest Paid
InterestPaid
32600000 USD
CY2014Q4 us-gaap Inventory Finished Goods
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195300000 USD
CY2015Q4 us-gaap Inventory Finished Goods
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212100000 USD
CY2014Q4 us-gaap Inventory Gross
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304800000 USD
CY2015Q4 us-gaap Inventory Gross
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320800000 USD
CY2014Q4 us-gaap Inventory Lifo Reserve
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21700000 USD
CY2015Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
17600000 USD
CY2014Q4 us-gaap Inventory Net
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283100000 USD
CY2015Q4 us-gaap Inventory Raw Materials
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50800000 USD
CY2014Q4 us-gaap Inventory Work In Process
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48000000 USD
CY2015Q4 us-gaap Inventory Work In Process
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46200000 USD
CY2013 us-gaap Investment Income Interest
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2600000 USD
CY2014 us-gaap Investment Income Interest
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2900000 USD
CY2015 us-gaap Investment Income Interest
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300000 USD
CY2014Q4 us-gaap Liabilities
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1026700000 USD
CY2015Q4 us-gaap Liabilities
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944900000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
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2517900000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
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2000200000 USD
CY2014Q4 us-gaap Liabilities Current
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356000000 USD
CY2015Q4 us-gaap Liabilities Current
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315200000 USD
CY2014Q4 us-gaap Liabilities Noncurrent
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48100000 USD
CY2015Q4 us-gaap Liabilities Noncurrent
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51600000 USD
CY2014Q4 us-gaap Liabilities Other Than Longterm Debt Noncurrent
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20200000 USD
CY2015Q4 us-gaap Liabilities Other Than Longterm Debt Noncurrent
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27800000 USD
CY2014Q4 us-gaap Long Term Debt
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626500000 USD
CY2015Q4 us-gaap Long Term Debt
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578100000 USD
CY2014Q4 us-gaap Long Term Debt Current
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3900000 USD
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10400000 USD
CY2015Q4 us-gaap Long Term Debt Current
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0 USD
CY2014Q4 us-gaap Long Term Debt Noncurrent
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622600000 USD
CY2015Q4 us-gaap Long Term Debt Noncurrent
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578100000 USD
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CY2014 us-gaap Net Cash Provided By Used In Financing Activities
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29200000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities
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CY2013 us-gaap Net Cash Provided By Used In Investing Activities
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-50900000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities
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-70700000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
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CY2013 us-gaap Net Cash Provided By Used In Operating Activities
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223800000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities
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147900000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
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97600000 USD
CY2013 us-gaap Net Income Loss
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154600000 USD
CY2014 us-gaap Net Income Loss
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27100000 USD
CY2015 us-gaap Net Income Loss
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CY2015 us-gaap Number Of Operating Segments
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2 segment
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225300000 USD
CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
94300000 USD
CY2015 us-gaap Operating Income Loss
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CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due
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106300000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due Current
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14000000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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7400000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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12400000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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13800000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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48300000 USD
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17000000 USD
CY2014 us-gaap Operating Leases Rent Expense Net
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17000000 USD
CY2015 us-gaap Operating Leases Rent Expense Net
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22000000 USD
CY2015Q4 us-gaap Operating Loss Carryforwards
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7000000 USD
CY2014Q4 us-gaap Other Accrued Liabilities Current
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23600000 USD
CY2015Q4 us-gaap Other Accrued Liabilities Current
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28300000 USD
CY2014Q4 us-gaap Other Assets Noncurrent
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2200000 USD
CY2015Q4 us-gaap Other Assets Noncurrent
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2000000 USD
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0 USD
CY2014 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
400000 USD
CY2015 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
1900000 USD
CY2013 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
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0 USD
CY2014 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
400000 USD
CY2015 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
1300000 USD
CY2013 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesBeforeTaxPortionAttributableToParent
-5400000 USD
CY2014 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesBeforeTaxPortionAttributableToParent
4300000 USD
CY2015 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesBeforeTaxPortionAttributableToParent
-1000000 USD
CY2013 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
-7100000 USD
CY2014 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
3600000 USD
CY2015 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
-700000 USD
CY2013 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
-22600000 USD
CY2014 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
-14000000 USD
CY2015 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
-22100000 USD
CY2013 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-22600000 USD
CY2014 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-14000000 USD
CY2015 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-22100000 USD
CY2013 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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-7100000 USD
CY2014 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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3600000 USD
CY2015 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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-700000 USD
CY2013 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
1700000 USD
CY2014 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
700000 USD
CY2015 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
-300000 USD
CY2013 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-22600000 USD
CY2014 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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-14000000 USD
CY2015 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-22100000 USD
CY2013 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-29700000 USD
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax
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300000 USD
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7800000 USD
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7800000 USD
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568700000 USD
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599900000 USD
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400000 USD
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67900000 USD
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13800000 USD
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51000000 USD
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37900000 USD
CY2014 us-gaap Research And Development Expense
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33600000 USD
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32300000 USD
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7300000 USD
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-419000000 USD
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6000000 USD
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7900000 USD
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14100000 USD
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4900000 shares
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3134439 shares
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225000 shares
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33.58
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400000 USD
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56000 shares
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628000 shares
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611000 shares
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1146000 shares
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34.94
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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40.70
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
500000 USD
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31.05
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38.33
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45.52
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1146000 shares
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SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
500000 USD
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SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P7Y7M6D
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P8Y7M6D
CY2015 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
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P8Y7M6D
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37000 shares
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0 USD
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1400000 USD
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2055700000 USD
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2079100000 USD
CY2014Q4 us-gaap Stockholders Equity
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1491200000 USD
CY2015Q4 us-gaap Stockholders Equity
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1
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1700000 USD
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23400000 USD
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15300000 USD
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0 USD
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1000000 USD
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1000000 USD
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97000000 USD
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19500000 USD
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1600000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits
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1500000 USD
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900000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
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500000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
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1000000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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400000 USD
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UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
200000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
0 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
500000 USD
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100000 USD
CY2015 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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600000 USD
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1000000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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1000000 USD
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-300000 USD
CY2013 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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0 shares
CY2014 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2015 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46500000 shares
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46500000 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46600000 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46500000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46500000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
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46600000 shares
CY2015 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;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%;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We prepare our consolidated financial statements in accordance with GAAP, which requires that we make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of net sales and expenses during the reporting periods. Estimates are used in accounting for, among other things, distributor rebate accruals, future cash flows associated with impairment testing for goodwill and long-lived assets, loss contingencies, and deferred tax assets and potential income tax assessments. Actual results could differ from these estimates, and the effect of the change could be material to our financial statements. Changes in these estimates are recorded when known.</font></div></div>

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