2024 Q3 Form 10-Q Financial Statement
#000070198524000027 Filed on August 28, 2024
Income Statement
Concept | 2024 Q3 |
---|---|
Revenue | $1.526B |
YoY Change | -2.12% |
Cost Of Revenue | $900.0M |
YoY Change | -3.95% |
Gross Profit | $626.0M |
YoY Change | 0.64% |
Gross Profit Margin | 41.02% |
Selling, General & Admin | $443.0M |
YoY Change | 2.07% |
% of Gross Profit | 70.77% |
Research & Development | |
YoY Change | |
% of Gross Profit | |
Depreciation & Amortization | $71.00M |
YoY Change | 7.58% |
% of Gross Profit | 11.34% |
Operating Expenses | $443.0M |
YoY Change | 2.07% |
Operating Profit | $183.0M |
YoY Change | -2.66% |
Interest Expense | $77.00M |
YoY Change | -189.53% |
% of Operating Profit | 42.08% |
Other Income/Expense, Net | $47.00M |
YoY Change | 88.0% |
Pretax Income | $153.0M |
YoY Change | 20.47% |
Income Tax | $1.000M |
% Of Pretax Income | 0.65% |
Net Earnings | $152.0M |
YoY Change | 53.54% |
Net Earnings / Revenue | 9.96% |
Basic Earnings Per Share | $0.68 |
Diluted Earnings Per Share | $0.68 |
COMMON SHARES | |
Basic Shares Outstanding | 222.0M shares |
Diluted Shares Outstanding | 223.0M shares |
Balance Sheet
Concept | 2024 Q3 |
---|---|
SHORT-TERM ASSETS | |
Cash & Short-Term Investments | $514.0M |
YoY Change | -34.94% |
Cash & Equivalents | $514.0M |
Short-Term Investments | |
Other Short-Term Assets | $143.0M |
YoY Change | 8.33% |
Inventory | $863.0M |
Prepaid Expenses | |
Receivables | $146.0M |
Other Receivables | $0.00 |
Total Short-Term Assets | $1.666B |
YoY Change | -11.99% |
LONG-TERM ASSETS | |
Property, Plant & Equipment | $1.166B |
YoY Change | -49.65% |
Goodwill | $628.0M |
YoY Change | 0.0% |
Intangibles | |
YoY Change | |
Long-Term Investments | $121.0M |
YoY Change | -4.72% |
Other Assets | $137.0M |
YoY Change | -29.02% |
Total Long-Term Assets | $3.282B |
YoY Change | -0.61% |
TOTAL ASSETS | |
Total Short-Term Assets | $1.666B |
Total Long-Term Assets | $3.282B |
Total Assets | $4.948B |
YoY Change | -4.75% |
SHORT-TERM LIABILITIES | |
YoY Change | |
Accounts Payable | $411.0M |
YoY Change | -19.09% |
Accrued Expenses | $526.0M |
YoY Change | -25.39% |
Deferred Revenue | |
YoY Change | |
Short-Term Debt | $0.00 |
YoY Change | |
Long-Term Debt Due | $313.0M |
YoY Change | |
Total Short-Term Liabilities | $1.497B |
YoY Change | 23.41% |
LONG-TERM LIABILITIES | |
Long-Term Debt | $3.881B |
YoY Change | -16.86% |
Other Long-Term Liabilities | $259.0M |
YoY Change | -80.08% |
Total Long-Term Liabilities | $4.140B |
YoY Change | -30.63% |
TOTAL LIABILITIES | |
Total Short-Term Liabilities | $1.497B |
Total Long-Term Liabilities | $4.140B |
Total Liabilities | $5.637B |
YoY Change | -23.3% |
SHAREHOLDERS EQUITY | |
Retained Earnings | -$1.918B |
YoY Change | -18.66% |
Common Stock | $947.0M |
YoY Change | -0.11% |
Preferred Stock | |
YoY Change | |
Treasury Stock (at cost) | $822.0M |
YoY Change | 0.0% |
Treasury Stock Shares | |
Shareholders Equity | -$1.719B |
YoY Change | |
Total Liabilities & Shareholders Equity | $4.948B |
YoY Change | -4.75% |
Cashflow Statement
Concept | 2024 Q3 |
---|---|
OPERATING ACTIVITIES | |
Net Income | $152.0M |
YoY Change | 53.54% |
Depreciation, Depletion And Amortization | $71.00M |
YoY Change | 7.58% |
Cash From Operating Activities | -$46.00M |
YoY Change | -239.39% |
INVESTING ACTIVITIES | |
Capital Expenditures | $55.00M |
YoY Change | -35.29% |
Acquisitions | |
YoY Change | |
Other Investing Activities | $61.00M |
YoY Change | 1933.33% |
Cash From Investing Activities | $6.000M |
YoY Change | -107.32% |
FINANCING ACTIVITIES | |
Cash Dividend Paid | $45.00M |
YoY Change | -2.17% |
Common Stock Issuance & Retirement, Net | |
YoY Change | |
Debt Paid & Issued, Net | $92.00M |
YoY Change | -13.21% |
Cash From Financing Activities | -301.0M |
YoY Change | 44.71% |
NET CHANGE | |
Cash From Operating Activities | -46.00M |
Cash From Investing Activities | 6.000M |
Cash From Financing Activities | -301.0M |
Net Change In Cash | -341.0M |
YoY Change | 32.68% |
FREE CASH FLOW | |
Cash From Operating Activities | -$46.00M |
Capital Expenditures | $55.00M |
Free Cash Flow | -$101.0M |
YoY Change | 94.23% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
77000000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
101000000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
178000000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-570000000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-442000000 | usd | |
CY2024Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
514000000 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
790000000 | usd |
us-gaap |
Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
|
200000000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-74000000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
154000000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
109000000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-67000000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-87000000 | usd | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-79000000 | usd | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-107000000 | usd | |
us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
13000000 | usd | |
us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
5000000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
30000000 | usd | |
us-gaap |
Fiscal Period
FiscalPeriod
|
<div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Fiscal Year</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company’s fiscal year ends on the Saturday nearest to January 31. As used herein, “second quarter of 2024” and “second quarter of 2023” refer to the thirteen-week periods ended August 3, 2024 and July 29, 2023, respectively. “Year-to-date 2024” and “year-to-date 2023” refer to the twenty-six-week periods ended August 3, 2024 and July 29, 2023, respectively.</span></div> | ||
CY2024Q1 | bbwi |
Easton Investments Including Carrying Value Of Related Equity Method Investments
EastonInvestmentsIncludingCarryingValueOfRelatedEquityMethodInvestments
|
120000000 | usd |
CY2024Q3 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.20 | |
CY2024Q2 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.20 | |
CY2024Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
1000000 | usd |
CY2024Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-1718000000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-2170000000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
99000000 | usd |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
0 | usd |
CY2023Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
99000000 | usd |
CY2023Q3 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.20 | |
CY2023Q3 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
46000000 | usd |
CY2023Q3 | us-gaap |
Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
|
0 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
13000000 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-2154000000 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-1626000000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
239000000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-1000000 | usd | |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
238000000 | usd | |
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.40 | ||
us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
90000000 | usd | |
us-gaap |
Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
|
0 | usd | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
9000000 | usd | |
CY2024Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-1718000000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-2205000000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
180000000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-1000000 | usd | |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
179000000 | usd | |
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.40 | ||
us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
92000000 | usd | |
us-gaap |
Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
|
0 | usd | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
14000000 | usd | |
CY2023Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-2154000000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
239000000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
180000000 | usd | |
us-gaap |
Depreciation
Depreciation
|
142000000 | usd | |
us-gaap |
Depreciation
Depreciation
|
129000000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
22000000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
18000000 | usd | |
us-gaap |
Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
|
39000000 | usd | |
us-gaap |
Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
|
0 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-3000000 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
16000000 | usd | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-102000000 | usd | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
0 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-78000000 | usd | |
us-gaap |
Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
|
50000000 | usd | |
us-gaap |
Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
|
0 | usd | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-11000000 | usd | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-2000000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-40000000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-176000000 | usd | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
202000000 | usd | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
182000000 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
248000000 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
48000000 | usd | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
90000000 | usd | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
92000000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
15000000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
9000000 | usd | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-5000000 | usd | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-12000000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-560000000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-343000000 | usd | |
CY2024Q3 | bbwi |
Number Of Selling Seasons
NumberOfSellingSeasons
|
2 | season |
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentration of Credit Risk</span></div><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company maintains cash and cash equivalents and derivative contracts with various major financial institutions. The Company monitors the relative credit standing of financial institutions with whom it transacts and limits the amount of credit exposure with any one entity. The Company’s investment portfolio is primarily composed of U.S. government obligations, U.S. Treasury and AAA-rated money market funds, commercial paper and bank deposits.</span></div><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company also periodically reviews the relative credit standing of franchise, license and wholesale partners and other entities to which it grants credit terms in the normal course of business. The Company determines the required allowance for </span></div><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">expected credit losses using information such as customer credit history and financial condition. Amounts are recorded to the allowance when it is determined that expected credit losses may occur.</span></div> | ||
CY2023Q3 | bbwi |
Easton Investments Including Carrying Value Of Related Equity Method Investments
EastonInvestmentsIncludingCarryingValueOfRelatedEquityMethodInvestments
|
127000000 | usd |
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.40 | ||
CY2023Q2 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.20 | |
CY2023Q3 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.20 | |
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.40 | ||
CY2024Q3 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
669000000 | usd |
CY2024Q1 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
558000000 | usd |
CY2023Q3 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
638000000 | usd |
CY2024Q3 | us-gaap |
Inventory Raw Materials And Purchased Parts Net Of Reserves
InventoryRawMaterialsAndPurchasedPartsNetOfReserves
|
194000000 | usd |
CY2024Q1 | us-gaap |
Inventory Raw Materials And Purchased Parts Net Of Reserves
InventoryRawMaterialsAndPurchasedPartsNetOfReserves
|
152000000 | usd |
CY2023Q3 | us-gaap |
Inventory Raw Materials And Purchased Parts Net Of Reserves
InventoryRawMaterialsAndPurchasedPartsNetOfReserves
|
180000000 | usd |
CY2024Q3 | us-gaap |
Inventory Net
InventoryNet
|
863000000 | usd |
CY2024Q1 | us-gaap |
Inventory Net
InventoryNet
|
710000000 | usd |
CY2023Q3 | us-gaap |
Inventory Net
InventoryNet
|
818000000 | usd |
CY2024Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
3171000000 | usd |
CY2024Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
3123000000 | usd |
CY2023Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
3058000000 | usd |
CY2024Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
2005000000 | usd |
CY2024Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
1903000000 | usd |
CY2023Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
1822000000 | usd |
CY2024Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1166000000 | usd |
CY2024Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1220000000 | usd |
CY2023Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1236000000 | usd |
CY2024Q3 | us-gaap |
Depreciation
Depreciation
|
71000000 | usd |
CY2023Q3 | us-gaap |
Depreciation
Depreciation
|
66000000 | usd |
us-gaap |
Depreciation
Depreciation
|
142000000 | usd | |
us-gaap |
Depreciation
Depreciation
|
129000000 | usd | |
CY2024Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.009 | |
CY2023Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.219 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.121 | ||
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.247 | ||
CY2024Q3 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
197000000 | usd |
CY2023Q3 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
161000000 | usd |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
203000000 | usd | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
168000000 | usd | |
CY2024Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
4194000000 | usd |
CY2024Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
4388000000 | usd |
CY2023Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
4668000000 | usd |
CY2024Q3 | us-gaap |
Debt Current
DebtCurrent
|
313000000 | usd |
CY2024Q1 | us-gaap |
Debt Current
DebtCurrent
|
0 | usd |
CY2023Q3 | us-gaap |
Debt Current
DebtCurrent
|
0 | usd |
CY2024Q3 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
3881000000 | usd |
CY2024Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
4388000000 | usd |
CY2023Q3 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
4668000000 | usd |
CY2024Q3 | us-gaap |
Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
|
91000000 | usd |
CY2024Q3 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
92000000 | usd |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
202000000 | usd | |
CY2024Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-2000000 | usd |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-3000000 | usd | |
CY2023Q3 | us-gaap |
Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
|
115000000 | usd |
CY2023Q3 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
106000000 | usd |
CY2023Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
9000000 | usd |
CY2024Q3 | us-gaap |
Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
|
91000000 | usd |
CY2024Q3 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q3 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2024Q3 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |