2017 Q2 Form 10-Q Financial Statement

#000001493018000083 Filed on May 03, 2018

View on sec.gov

Income Statement

Concept 2017 Q2
Revenue $1.160B
YoY Change 16.72%
Cost Of Revenue $787.8M
YoY Change -0.05%
Gross Profit $301.2M
YoY Change 11.18%
Gross Profit Margin 25.96%
Selling, General & Admin $148.1M
YoY Change 0.27%
% of Gross Profit 49.17%
Research & Development $34.50M
YoY Change -0.29%
% of Gross Profit 11.45%
Depreciation & Amortization $23.60M
YoY Change -7.09%
% of Gross Profit 7.84%
Operating Expenses $182.6M
YoY Change 0.16%
Operating Profit $103.4M
YoY Change 7.71%
Interest Expense $6.500M
YoY Change -4.41%
% of Operating Profit 6.29%
Other Income/Expense, Net -$1.300M
YoY Change -230.0%
Pretax Income $98.40M
YoY Change 7.66%
Income Tax $24.20M
% Of Pretax Income 24.59%
Net Earnings $64.90M
YoY Change 0.15%
Net Earnings / Revenue 5.59%
Basic Earnings Per Share $0.72
Diluted Earnings Per Share $0.71
COMMON SHARES
Basic Shares Outstanding 90.10M shares
Diluted Shares Outstanding 91.10M shares

Balance Sheet

Concept 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $274.0M
YoY Change -3.18%
Cash & Equivalents $273.3M
Short-Term Investments $700.0K
Other Short-Term Assets $49.90M
YoY Change -20.41%
Inventory $747.4M
Prepaid Expenses
Receivables $529.5M
Other Receivables $0.00
Total Short-Term Assets $1.671B
YoY Change 3.83%
LONG-TERM ASSETS
Property, Plant & Equipment $583.3M
YoY Change 5.98%
Goodwill $416.0M
YoY Change 9.39%
Intangibles $158.6M
YoY Change 15.94%
Long-Term Investments $26.60M
YoY Change -2.56%
Other Assets $1.020B
YoY Change 2097.41%
Total Long-Term Assets $949.9M
YoY Change -1.35%
TOTAL ASSETS
Total Short-Term Assets $1.671B
Total Long-Term Assets $949.9M
Total Assets $3.274B
YoY Change 4.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $390.3M
YoY Change 7.82%
Accrued Expenses $498.4M
YoY Change -5.86%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $6.400M
YoY Change 33.33%
Total Short-Term Liabilities $956.5M
YoY Change 6.73%
LONG-TERM LIABILITIES
Long-Term Debt $435.4M
YoY Change -2.4%
Other Long-Term Liabilities $164.5M
YoY Change 0.06%
Total Long-Term Liabilities $843.8M
YoY Change -8.4%
TOTAL LIABILITIES
Total Short-Term Liabilities $956.5M
Total Long-Term Liabilities $843.8M
Total Liabilities $1.800B
YoY Change -0.94%
SHAREHOLDERS EQUITY
Retained Earnings $1.931B
YoY Change 12.82%
Common Stock $441.0M
YoY Change -3.63%
Preferred Stock
YoY Change
Treasury Stock (at cost) $471.1M
YoY Change 18.34%
Treasury Stock Shares 13.17M shares
Shareholders Equity $1.474B
YoY Change
Total Liabilities & Shareholders Equity $3.274B
YoY Change 4.84%

Cashflow Statement

Concept 2017 Q2
OPERATING ACTIVITIES
Net Income $64.90M
YoY Change 0.15%
Depreciation, Depletion And Amortization $23.60M
YoY Change -7.09%
Cash From Operating Activities -$86.60M
YoY Change 0.93%
INVESTING ACTIVITIES
Capital Expenditures $56.60M
YoY Change 22.51%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $500.0K
YoY Change -138.46%
Cash From Investing Activities -$22.30M
YoY Change -90.42%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $20.00M
YoY Change -50.0%
Debt Paid & Issued, Net $100.0K
YoY Change 0.0%
Cash From Financing Activities -$43.20M
YoY Change -27.39%
NET CHANGE
Cash From Operating Activities -$86.60M
Cash From Investing Activities -$22.30M
Cash From Financing Activities -$43.20M
Net Change In Cash -$149.1M
YoY Change -60.25%
FREE CASH FLOW
Cash From Operating Activities -$86.60M
Capital Expenditures $56.60M
Free Cash Flow -$143.2M
YoY Change 8.48%

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CY2017Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
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0.82
CY2018Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.92
CY2017Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
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0.81
CY2018Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.91
CY2017Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
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-9300000 USD
CY2018Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-7600000 USD
CY2017Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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-0.10
CY2018Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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CY2017Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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-0.10
CY2018Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.09
CY2017Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2300000 USD
CY2018Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1000000 USD
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24200000 USD
CY2018Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
29800000 USD
CY2017 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
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56500000 USD
CY2017Q2 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
5600000 USD
CY2018Q1 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-5400000 USD
CY2017 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
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15300000 USD
CY2017Q2 us-gaap Increase Decrease In Deferred Revenue And Customer Advances And Deposits
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700000 USD
CY2018Q1 us-gaap Increase Decrease In Deferred Revenue And Customer Advances And Deposits
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2600000 USD
CY2017Q2 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
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2600000 USD
CY2018Q1 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
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34500000 USD
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146600000 USD
CY2018Q1 us-gaap Increase Decrease In Other Current Assets And Liabilities Net
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210200000 USD
CY2017Q2 us-gaap Intangible Assets Net Excluding Goodwill
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158600000 USD
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
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144400000 USD
CY2018Q1 us-gaap Intangible Assets Net Excluding Goodwill
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143300000 USD
CY2017Q2 us-gaap Interest Expense
InterestExpense
6500000 USD
CY2018Q1 us-gaap Interest Expense
InterestExpense
6900000 USD
CY2017Q2 us-gaap Inventory Finished Goods Net Of Reserves
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523000000 USD
CY2017Q4 us-gaap Inventory Finished Goods Net Of Reserves
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506900000 USD
CY2018Q1 us-gaap Inventory Finished Goods Net Of Reserves
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550800000 USD
CY2017Q2 us-gaap Inventory Net
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747400000 USD
CY2017Q4 us-gaap Inventory Net
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765600000 USD
CY2018Q1 us-gaap Inventory Net
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829700000 USD
CY2017Q2 us-gaap Inventory Raw Materials Net Of Reserves
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143900000 USD
CY2017Q4 us-gaap Inventory Raw Materials Net Of Reserves
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161900000 USD
CY2018Q1 us-gaap Inventory Raw Materials Net Of Reserves
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180300000 USD
CY2017Q2 us-gaap Inventory Work In Process Net Of Reserves
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80500000 USD
CY2017Q4 us-gaap Inventory Work In Process Net Of Reserves
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96800000 USD
CY2018Q1 us-gaap Inventory Work In Process Net Of Reserves
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98600000 USD
CY2017Q2 us-gaap Investment Income Interest
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500000 USD
CY2018Q1 us-gaap Investment Income Interest
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700000 USD
CY2017Q2 us-gaap Land
Land
18000000 USD
CY2017Q4 us-gaap Land
Land
19900000 USD
CY2018Q1 us-gaap Land
Land
19900000 USD
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4300000 USD
CY2017Q2 us-gaap Liabilities And Stockholders Equity
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3273900000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
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3358200000 USD
CY2018Q1 us-gaap Liabilities And Stockholders Equity
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3404600000 USD
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956500000 USD
CY2017Q4 us-gaap Liabilities Current
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1035100000 USD
CY2018Q1 us-gaap Liabilities Current
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1076400000 USD
CY2017Q2 us-gaap Liabilities Noncurrent
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843800000 USD
CY2017Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
840200000 USD
CY2018Q1 us-gaap Liabilities Noncurrent
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847400000 USD
CY2017Q2 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
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63100000 USD
CY2017Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
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56200000 USD
CY2018Q1 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
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68000000 USD
CY2018Q1 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
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69900000 USD
CY2017Q2 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
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4200000 USD
CY2017Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
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2700000 USD
CY2018Q1 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
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2800000 USD
CY2018Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
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300000000 USD
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295700000 USD
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CY2017Q4 us-gaap Long Term Debt Noncurrent
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431800000 USD
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428900000 USD
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CY2018Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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CY2018Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2017Q2 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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CY2018Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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CY2017Q2 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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CY2018Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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64900000 USD
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494200000 USD
CY2017Q4 us-gaap Notes Payable Fair Value Disclosure
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492100000 USD
CY2018Q1 us-gaap Notes Payable Fair Value Disclosure
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497600000 USD
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103400000 USD
CY2018Q1 us-gaap Operating Income Loss
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115400000 USD
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1019600000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
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852000000 USD
CY2018Q1 us-gaap Other Assets Noncurrent
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868800000 USD
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100000 USD
CY2018Q1 us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
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100000 USD
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2100000 USD
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1900000 USD
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-100000 USD
CY2018Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
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-100000 USD
CY2017Q2 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
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1600000 USD
CY2018Q1 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
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-200000 USD
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5600000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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7000000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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CY2018Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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7400000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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9900000 USD
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7200000 USD
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11000000 USD
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7200000 USD
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11000000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
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700000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
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500000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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200000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
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CY2017Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
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3400000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
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2300000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
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CY2018Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
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CY2017Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
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2100000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
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1300000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
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1900000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
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400000 USD
CY2017Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
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CY2018Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
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CY2017Q2 us-gaap Other Liabilities Noncurrent
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CY2017Q4 us-gaap Other Liabilities Noncurrent
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196800000 USD
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CY2018Q1 us-gaap Other Nonoperating Income Expense
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100000 USD
CY2017Q2 us-gaap Other Operating Activities Cash Flow Statement
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CY2018Q1 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
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CY2017Q2 us-gaap Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
3600000 USD
CY2018Q1 us-gaap Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
4800000 USD
CY2017Q2 us-gaap Payments For Proceeds From Other Investing Activities
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500000 USD
CY2018Q1 us-gaap Payments For Proceeds From Other Investing Activities
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200000 USD
CY2017Q2 us-gaap Payments For Repurchase Of Common Stock
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20000000 USD
CY2018Q1 us-gaap Payments For Repurchase Of Common Stock
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35000000 USD
CY2017Q2 us-gaap Payments For Restructuring
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4700000 USD
CY2018Q1 us-gaap Payments For Restructuring
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2300000 USD
CY2017Q2 us-gaap Payments Of Dividends Common Stock
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14800000 USD
CY2018Q1 us-gaap Payments Of Dividends Common Stock
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16600000 USD
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11400000 USD
CY2018Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
9300000 USD
CY2017Q2 us-gaap Payments To Acquire Property Plant And Equipment
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56600000 USD
CY2018Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
34500000 USD
CY2017Q2 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
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239700000 USD
CY2017Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
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220800000 USD
CY2018Q1 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
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218900000 USD
CY2017Q2 us-gaap Pension Expense Reversal Of Expense Noncash
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900000 USD
CY2017Q2 us-gaap Prepaid Expense And Other Assets Current
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36400000 USD
CY2017Q4 us-gaap Prepaid Expense And Other Assets Current
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73100000 USD
CY2018Q1 us-gaap Prepaid Expense And Other Assets Current
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40400000 USD
CY2017Q2 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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3200000 USD
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1000000 USD
CY2017Q2 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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35000000 USD
CY2018Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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0 USD
CY2017Q2 us-gaap Proceeds From Sale Of Property Plant And Equipment
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7600000 USD
CY2018Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
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100000 USD
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1267500000 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
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1352400000 USD
CY2018Q1 us-gaap Property Plant And Equipment Gross
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1369900000 USD
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583300000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
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659500000 USD
CY2018Q1 us-gaap Property Plant And Equipment Net
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673100000 USD
CY2017Q2 us-gaap Property Plant And Equipment Other
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927600000 USD
CY2017Q4 us-gaap Property Plant And Equipment Other
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991900000 USD
CY2018Q1 us-gaap Property Plant And Equipment Other
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1002500000 USD
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516700000 USD
CY2017Q4 us-gaap Receivables Net Current
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480200000 USD
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617500000 USD
CY2018Q1 us-gaap Receivables Net Current
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481400000 USD
CY2017Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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CY2018Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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CY2017Q2 us-gaap Repayments Of Long Term Debt
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100000 USD
CY2018Q1 us-gaap Repayments Of Long Term Debt
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100000 USD
CY2017Q2 us-gaap Research And Development Expense
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34500000 USD
CY2018Q1 us-gaap Research And Development Expense
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35700000 USD
CY2017Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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11200000 USD
CY2018Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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9400000 USD
CY2017Q2 us-gaap Restricted Cash Current
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11200000 USD
CY2017Q4 us-gaap Restricted Cash Current
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9400000 USD
CY2018Q1 us-gaap Restricted Cash Current
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9400000 USD
CY2017Q2 us-gaap Restructuring Reserve
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5100000 USD
CY2018Q1 us-gaap Restructuring Reserve
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4600000 USD
CY2017Q2 us-gaap Retained Earnings Accumulated Deficit
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CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
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1966800000 USD
CY2018Q1 us-gaap Retained Earnings Accumulated Deficit
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1994400000 USD
CY2018Q1 us-gaap Retained Earnings Accumulated Deficit
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1938200000 USD
CY2018Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2018Q1 us-gaap Revenue Remaining Performance Obligation
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42700000 USD
CY2018Q1 us-gaap Revenue Remaining Performance Obligation
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52400000 USD
CY2018Q1 us-gaap Revenue Remaining Performance Obligation
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58100000 USD
CY2018Q1 us-gaap Revenue Remaining Performance Obligation
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153200000 USD
CY2017Q2 us-gaap Sales Revenue Net
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1082100000 USD
CY2018Q1 us-gaap Sales Revenue Net
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1155400000 USD
CY2017Q2 us-gaap Selling General And Administrative Expense
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148100000 USD
CY2018Q1 us-gaap Selling General And Administrative Expense
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155500000 USD
CY2017Q2 us-gaap Share Based Compensation
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4000000 USD
CY2018Q1 us-gaap Share Based Compensation
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1900000 USD
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
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5100000 shares
CY2018Q1 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
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900000 USD
CY2016Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
100200000 USD
CY2017Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
98500000 USD
CY2017Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
111300000 USD
CY2018Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
111100000 USD
CY2017Q2 us-gaap Standard Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardProductWarrantyAccrualForeignCurrencyTranslationGainLoss
700000 USD
CY2018Q1 us-gaap Standard Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardProductWarrantyAccrualForeignCurrencyTranslationGainLoss
400000 USD
CY2017Q2 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
12600000 USD
CY2018Q1 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
14000000 USD
CY2018Q1 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-4000000 USD
CY2017Q2 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-3600000 USD
CY2017Q2 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
15100000 USD
CY2018Q1 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
17200000 USD
CY2017Q2 us-gaap Stockholders Equity
StockholdersEquity
1473600000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
1482900000 USD
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
1480800000 USD
CY2017Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
13173000 shares
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
15001000 shares
CY2018Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
15261000 shares
CY2017Q2 us-gaap Treasury Stock Value
TreasuryStockValue
471100000 USD
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
575400000 USD
CY2018Q1 us-gaap Treasury Stock Value
TreasuryStockValue
599100000 USD
CY2017Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
4200000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2300000 USD
CY2018Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2800000 USD
CY2017Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1000000 shares
CY2018Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
700000 shares
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
91100000 shares
CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
88800000 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
90100000 shares
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
88100000 shares
CY2018Q1 us-gaap Fiscal Period
FiscalPeriod
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company maintains its financial records on the basis of a fiscal year ending on December 31, with the fiscal quarters spanning approximately </font><font style="font-family:inherit;font-size:10pt;">thirteen</font><font style="font-family:inherit;font-size:10pt;"> weeks. The first quarter ends on the Saturday closest to the end of the first </font><font style="font-family:inherit;font-size:10pt;">thirteen</font><font style="font-family:inherit;font-size:10pt;">-week period. The second and third quarters are </font><font style="font-family:inherit;font-size:10pt;">thirteen</font><font style="font-family:inherit;font-size:10pt;"> weeks in duration and the fourth quarter is the remainder of the year. The first quarter of fiscal year </font><font style="font-family:inherit;font-size:10pt;">2018</font><font style="font-family:inherit;font-size:10pt;"> ended on </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2018</font><font style="font-family:inherit;font-size:10pt;"> and the first quarter of fiscal year </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;"> ended on </font><font style="font-family:inherit;font-size:10pt;">April&#160;1, 2017</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div>

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