2017 Q3 Form 10-Q Financial Statement

#000087504517000029 Filed on October 24, 2017

View on sec.gov

Income Statement

Concept 2017 Q3 2016 Q3
Revenue $3.078B $2.956B
YoY Change 4.13% 6.4%
Cost Of Revenue $370.0M $416.9M
YoY Change -11.25% 34.48%
Gross Profit $2.708B $2.539B
YoY Change 6.65% 2.88%
Gross Profit Margin 87.98% 85.9%
Selling, General & Admin $433.4M $462.7M
YoY Change -6.33% -3.16%
% of Gross Profit 16.01% 18.22%
Research & Development $446.4M $529.0M
YoY Change -15.61% 1.75%
% of Gross Profit 16.49% 20.84%
Depreciation & Amortization $177.4M $180.2M
YoY Change -1.55% 18.87%
% of Gross Profit 6.55% 7.1%
Operating Expenses $879.8M $991.7M
YoY Change -11.28% -0.6%
Operating Profit $1.654B $1.425B
YoY Change 16.04% 3.9%
Interest Expense $61.80M $66.00M
YoY Change -6.36% 323.08%
% of Operating Profit 3.74% 4.63%
Other Income/Expense, Net -$44.00M -$58.10M
YoY Change -24.27% 277.27%
Pretax Income $1.610B $1.367B
YoY Change 17.75% 0.8%
Income Tax $383.8M $337.0M
% Of Pretax Income 23.84% 24.65%
Net Earnings $1.226B $1.033B
YoY Change 18.7% 6.97%
Net Earnings / Revenue 39.84% 34.94%
Basic Earnings Per Share $5.80 $4.72
Diluted Earnings Per Share $5.79 $4.71
COMMON SHARES
Basic Shares Outstanding 211.4M shares 218.9M shares
Diluted Shares Outstanding 211.8M shares 219.4M shares

Balance Sheet

Concept 2017 Q3 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.508B $4.316B
YoY Change -18.72% -26.13%
Cash & Equivalents $1.548B $2.085B
Short-Term Investments $1.960B $2.231B
Other Short-Term Assets $967.0M $993.1M
YoY Change -2.63% 15.22%
Inventory $1.007B $1.010B
Prepaid Expenses
Receivables $1.568B $1.468B
Other Receivables $0.00 $0.00
Total Short-Term Assets $7.568B $8.092B
YoY Change -6.47% -12.72%
LONG-TERM ASSETS
Property, Plant & Equipment $2.996B $2.387B
YoY Change 25.51% 17.71%
Goodwill $4.128B $3.420B
YoY Change 20.7% 41.96%
Intangibles $4.019B $3.870B
YoY Change 3.86% -7.45%
Long-Term Investments $4.362B $4.324B
YoY Change 0.88% 52.58%
Other Assets $1.300B $1.240B
YoY Change 4.9% 38.93%
Total Long-Term Assets $15.51B $14.01B
YoY Change 10.65% 22.31%
TOTAL ASSETS
Total Short-Term Assets $7.568B $8.092B
Total Long-Term Assets $15.51B $14.01B
Total Assets $23.07B $22.10B
YoY Change 4.38% 6.64%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $298.7M $274.0M
YoY Change 9.01% 9.06%
Accrued Expenses $1.058B $875.0M
YoY Change 20.91% 5.17%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $573.0M $5.000M
YoY Change 11360.0% 0.0%
Total Short-Term Liabilities $3.448B $2.500B
YoY Change 37.95% -5.1%
LONG-TERM LIABILITIES
Long-Term Debt $5.938B $6.530B
YoY Change -9.07% 0.02%
Other Long-Term Liabilities $716.9M $862.1M
YoY Change -16.84% 0.08%
Total Long-Term Liabilities $716.9M $862.1M
YoY Change -16.84% 0.08%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.448B $2.500B
Total Long-Term Liabilities $716.9M $862.1M
Total Liabilities $10.22B $9.990B
YoY Change 2.34% -1.69%
SHAREHOLDERS EQUITY
Retained Earnings $16.11B $15.03B
YoY Change 7.17% 25.26%
Common Stock $100.0K $100.0K
YoY Change 0.0% -19.35%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.977B $2.612B
YoY Change 13.99% 0.0%
Treasury Stock Shares
Shareholders Equity $12.86B $12.12B
YoY Change
Total Liabilities & Shareholders Equity $23.07B $22.10B
YoY Change 4.38% 6.64%

Cashflow Statement

Concept 2017 Q3 2016 Q3
OPERATING ACTIVITIES
Net Income $1.226B $1.033B
YoY Change 18.7% 6.97%
Depreciation, Depletion And Amortization $177.4M $180.2M
YoY Change -1.55% 18.87%
Cash From Operating Activities $1.628B $991.3M
YoY Change 64.26% 10.71%
INVESTING ACTIVITIES
Capital Expenditures -$279.2M -$280.7M
YoY Change -0.53% 22.47%
Acquisitions
YoY Change
Other Investing Activities -$967.6M $316.9M
YoY Change -405.33% -141.65%
Cash From Investing Activities -$1.247B $36.20M
YoY Change -3544.2% -103.66%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -19.50M -305.3M
YoY Change -93.61% -110.5%
NET CHANGE
Cash From Operating Activities 1.628B 991.3M
Cash From Investing Activities -1.247B 36.20M
Cash From Financing Activities -19.50M -305.3M
Net Change In Cash 362.0M 722.2M
YoY Change -49.88% -74.33%
FREE CASH FLOW
Cash From Operating Activities $1.628B $991.3M
Capital Expenditures -$279.2M -$280.7M
Free Cash Flow $1.907B $1.272B
YoY Change 49.96% 13.11%

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us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2017Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2016Q3 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.101
us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.094
CY2017Q3 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.114
us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.114
CY2016Q3 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Depreciation And Amortization
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseDepreciationAndAmortization
0.012
us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Depreciation And Amortization
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseDepreciationAndAmortization
0.011
CY2017Q3 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Depreciation And Amortization
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseDepreciationAndAmortization
0.012
us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Depreciation And Amortization
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseDepreciationAndAmortization
0.013
CY2016Q3 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
0.002
us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
0.005
CY2017Q3 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
0.006
us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
0.007
CY2016Q3 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.005
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.004
CY2017Q3 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.004
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.006
CY2016Q3 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.011
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.010
CY2017Q3 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.007
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.006
CY2016Q3 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.014
us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.013
CY2017Q3 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.007
us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.008
CY2016Q4 us-gaap Employee Related Liabilities Current
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282900000 USD
CY2017Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
241900000 USD
CY2016Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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3200000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
10700000 USD
CY2017Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
2500000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
7600000 USD
CY2016Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
14600000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
42500000 USD
CY2017Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
10900000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
31800000 USD
CY2016Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
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us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
-18800000 USD
CY2017Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
-30000000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
-61200000 USD
CY2016Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases
0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases
0 USD
CY2017Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases
0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases
0 USD
CY2016Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
0 USD
CY2017Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
6700000 USD
us-gaap Fair Value Measurements Changes In Valuation Techniques
FairValueMeasurementsChangesInValuationTechniques
0
CY2016Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3934000000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4276400000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
421300000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
106800000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
244700000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
256600000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
389600000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
404000000 USD
CY2016Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-4900000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-2600000 USD
CY2017Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
6700000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
8400000 USD
CY2016Q3 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
-400000 USD
us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
-16600000 USD
CY2017Q3 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
1200000 USD
us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
5700000 USD
CY2016Q3 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
800000 USD
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
-300000 USD
CY2017Q3 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
-4000000 USD
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
-15000000 USD
CY2016Q4 us-gaap Goodwill
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3669300000 USD
CY2017Q3 us-gaap Goodwill
Goodwill
4127500000 USD
us-gaap Goodwill Acquired During Period
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762400000 USD
CY2017Q3 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0 USD
us-gaap Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
9900000 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1367200000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
4094800000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1609900000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
3729000000 USD
CY2016Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2017Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2016Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
337000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1047000000 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
383800000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
892600000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
238100000 USD
us-gaap Increase Decrease In Accounts Receivable
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225800000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
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-147400000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
170500000 USD
us-gaap Increase Decrease In Accrued Liabilities
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-175500000 USD
us-gaap Increase Decrease In Accrued Liabilities
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-504500000 USD
us-gaap Increase Decrease In Inventories
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155100000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
170300000 USD
us-gaap Increase Decrease In Other Operating Capital Net
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-62000000 USD
us-gaap Increase Decrease In Other Operating Capital Net
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250200000 USD
CY2016Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
7742300000 USD
CY2017Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
8295800000 USD
CY2016Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
3808300000 USD
CY2017Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
4019400000 USD
CY2016Q3 us-gaap Interest Expense
InterestExpense
66000000 USD
us-gaap Interest Expense
InterestExpense
195200000 USD
CY2017Q3 us-gaap Interest Expense
InterestExpense
61800000 USD
us-gaap Interest Expense
InterestExpense
188800000 USD
CY2016Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
170300000 USD
CY2017Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
175500000 USD
CY2016Q4 us-gaap Inventory Net
InventoryNet
1001600000 USD
CY2017Q3 us-gaap Inventory Net
InventoryNet
1007200000 USD
CY2016Q4 us-gaap Inventory Noncurrent
InventoryNoncurrent
37800000 USD
CY2017Q3 us-gaap Inventory Noncurrent
InventoryNoncurrent
24000000 USD
CY2016Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
170400000 USD
CY2017Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
208100000 USD
CY2016Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
698700000 USD
CY2017Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
647600000 USD
CY2016Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
16400000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
43000000 USD
CY2017Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
20600000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
54200000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
10748200000 USD
CY2017Q3 us-gaap Liabilities
Liabilities
10224300000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
22876800000 USD
CY2017Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
23073200000 USD
CY2016Q4 us-gaap Liabilities Current
LiabilitiesCurrent
3419900000 USD
CY2017Q3 us-gaap Liabilities Current
LiabilitiesCurrent
3448400000 USD
CY2016Q4 us-gaap Litigation Reserve
LitigationReserve
454800000 USD
CY2017Q3 us-gaap Litigation Reserve
LitigationReserve
0 USD
CY2017Q1 us-gaap Litigation Settlement Amount Awarded To Other Party
LitigationSettlementAmountAwardedToOtherParty
1250000000 USD
CY2016 us-gaap Litigation Settlement Expense
LitigationSettlementExpense
454800000 USD
CY2016Q4 us-gaap Long Term Debt
LongTermDebt
6512700000 USD
CY2017Q3 us-gaap Long Term Debt
LongTermDebt
5938300000 USD
CY2015Q4 us-gaap Minority Interest
MinorityInterest
2100000 USD
CY2016Q2 us-gaap Minority Interest
MinorityInterest
-100000 USD
CY2016Q3 us-gaap Minority Interest
MinorityInterest
-2700000 USD
CY2016Q4 us-gaap Minority Interest
MinorityInterest
-11500000 USD
CY2017Q2 us-gaap Minority Interest
MinorityInterest
-11600000 USD
CY2017Q3 us-gaap Minority Interest
MinorityInterest
-11600000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-326100000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1671900000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1903100000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2193600000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
3005300000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
3032700000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
1032900000 USD
us-gaap Net Income Loss
NetIncomeLoss
3053600000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
1226100000 USD
us-gaap Net Income Loss
NetIncomeLoss
2836500000 USD
CY2016Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-2700000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-5800000 USD
CY2017Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-100000 USD
CY2016Q3 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
0 USD
us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
900000 USD
CY2017Q3 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
0 USD
us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
0 USD
CY2016Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-58100000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-169400000 USD
CY2017Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-43600000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-149400000 USD
CY2016Q4 us-gaap Notes Payable
NotesPayable
6499300000 USD
CY2017Q3 us-gaap Notes Payable
NotesPayable
6494700000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
1425300000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
4264200000 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
1653500000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
3878400000 USD
CY2016Q4 us-gaap Other Accrued Liabilities Current
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685700000 USD
CY2017Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
606100000 USD
CY2016Q4 us-gaap Other Assets Current
OtherAssetsCurrent
1093300000 USD
CY2017Q3 us-gaap Other Assets Current
OtherAssetsCurrent
967000000 USD
CY2016Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1335800000 USD
CY2017Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1300400000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-5400000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
1600000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
1000000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
6600000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-78200000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-24800000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
1300000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-17000000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-35500000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-162300000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-14400000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-62800000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
43900000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
146700000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-18100000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-76900000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
9400000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-9500000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-400000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-1300000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
500000 USD
CY2016Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
2903500000 USD
CY2017Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
2455200000 USD
CY2016Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
722500000 USD
CY2017Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
716900000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-45300000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-126900000 USD
CY2016Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-4400000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-14300000 USD
CY2017Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-5100000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-8200000 USD
CY2016Q3 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
98600000 USD
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
265500000 USD
CY2017Q3 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
48800000 USD
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
180400000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
12800000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
5100000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
348900000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1365400000 USD
us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
0 USD
us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
302700000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
12400000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
10700000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
5631700000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
4093900000 USD
us-gaap Payments To Acquire In Process Research And Development
PaymentsToAcquireInProcessResearchAndDevelopment
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us-gaap Payments To Acquire In Process Research And Development
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:Franklin Gothic Book,sans-serif;font-size:10pt;">The preparation of our condensed consolidated financial statements requires us to make estimates, judgments and assumptions that may affect the reported amounts of assets, liabilities, equity, revenues and expenses and related disclosure of contingent assets and liabilities. On an ongoing basis we evaluate our estimates, judgments and methodologies. We base our estimates on historical experience and on various other assumptions that we believe to be reasonable, the results of which form the basis for making judgments about the carrying values of assets, liabilities and equity and the amount of revenues and expenses. Actual results may differ from these estimates under different assumptions or conditions.</font></div></div>

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0000875045-17-000029.txt Edgar Link pending
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