2018 Q2 Form 10-Q Financial Statement

#000087504518000019 Filed on July 24, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q2
Revenue $3.357B $3.078B
YoY Change 9.03% 6.36%
Cost Of Revenue $421.0M $366.2M
YoY Change 14.96% -1.11%
Gross Profit $2.936B $2.712B
YoY Change 8.23% 7.46%
Gross Profit Margin 87.46% 88.1%
Selling, General & Admin $516.2M $429.8M
YoY Change 20.1% -12.71%
% of Gross Profit 17.58% 15.85%
Research & Development $981.0M $796.2M
YoY Change 23.21% 68.29%
% of Gross Profit 33.42% 29.36%
Depreciation & Amortization $64.20M $302.6M
YoY Change -78.78% 72.52%
% of Gross Profit 2.19% 11.16%
Operating Expenses $1.497B $1.226B
YoY Change 22.12% 26.98%
Operating Profit $1.213B $1.201B
YoY Change 1.02% -17.77%
Interest Expense $51.70M $63.60M
YoY Change -18.71% -3.49%
% of Operating Profit 4.26% 5.3%
Other Income/Expense, Net -$34.50M -$68.60M
YoY Change -49.71% 17.26%
Pretax Income $1.179B $1.132B
YoY Change 4.09% -19.23%
Income Tax $263.7M $269.6M
% Of Pretax Income 22.37% 23.81%
Net Earnings $866.6M $862.8M
YoY Change 0.44% -17.81%
Net Earnings / Revenue 25.82% 28.03%
Basic Earnings Per Share $4.18 $4.07
Diluted Earnings Per Share $4.18 $4.07
COMMON SHARES
Basic Shares Outstanding 207.1M shares 211.9M shares
Diluted Shares Outstanding 207.3M shares 212.2M shares

Balance Sheet

Concept 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.224B $2.893B
YoY Change 11.45% -23.81%
Cash & Equivalents $1.250B $1.170B
Short-Term Investments $1.974B $1.724B
Other Short-Term Assets $843.3M $1.146B
YoY Change -26.42% 11.55%
Inventory $931.7M $936.5M
Prepaid Expenses
Receivables $1.951B $1.630B
Other Receivables $0.00 $0.00
Total Short-Term Assets $7.432B $7.109B
YoY Change 4.55% -4.55%
LONG-TERM ASSETS
Property, Plant & Equipment $3.409B $2.828B
YoY Change 20.56% 22.84%
Goodwill $5.170B $3.870B
YoY Change 33.59% 22.21%
Intangibles $3.661B $4.051B
YoY Change -9.63% 2.11%
Long-Term Investments $2.054B $3.901B
YoY Change -47.35% -15.05%
Other Assets $902.1M $1.268B
YoY Change -28.87% 10.0%
Total Long-Term Assets $16.52B $14.65B
YoY Change 12.77% 4.15%
TOTAL ASSETS
Total Short-Term Assets $7.432B $7.109B
Total Long-Term Assets $16.52B $14.65B
Total Assets $23.95B $21.76B
YoY Change 10.08% 1.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $295.7M $330.3M
YoY Change -10.48% 46.22%
Accrued Expenses $1.310B $1.077B
YoY Change 21.63% 19.27%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $560.0M
YoY Change -100.0% 11100.0%
Total Short-Term Liabilities $3.152B $3.380B
YoY Change -6.73% 34.32%
LONG-TERM LIABILITIES
Long-Term Debt $5.928B $5.954B
YoY Change -0.44% -8.93%
Other Long-Term Liabilities $1.458B $750.9M
YoY Change 94.11% -21.04%
Total Long-Term Liabilities $1.458B $750.9M
YoY Change 94.11% -21.04%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.152B $3.380B
Total Long-Term Liabilities $1.458B $750.9M
Total Liabilities $11.70B $10.19B
YoY Change 14.86% 0.73%
SHAREHOLDERS EQUITY
Retained Earnings $15.50B $14.88B
YoY Change 4.15% 4.59%
Common Stock $100.0K $100.0K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.977B $2.977B
YoY Change 0.0% 13.99%
Treasury Stock Shares
Shareholders Equity $12.26B $11.59B
YoY Change
Total Liabilities & Shareholders Equity $23.95B $21.76B
YoY Change 10.08% 1.14%

Cashflow Statement

Concept 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income $866.6M $862.8M
YoY Change 0.44% -17.81%
Depreciation, Depletion And Amortization $64.20M $302.6M
YoY Change -78.78% 72.52%
Cash From Operating Activities $1.099B $1.169B
YoY Change -5.98% 17.13%
INVESTING ACTIVITIES
Capital Expenditures -$264.8M -$322.8M
YoY Change -17.97% 198.34%
Acquisitions
YoY Change
Other Investing Activities -$883.7M $120.2M
YoY Change -835.19% -119.14%
Cash From Investing Activities -$1.149B -$202.6M
YoY Change 466.88% -72.48%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.792B -751.0M
YoY Change 271.7% 4653.16%
NET CHANGE
Cash From Operating Activities 1.099B 1.169B
Cash From Investing Activities -1.149B -202.6M
Cash From Financing Activities -2.792B -751.0M
Net Change In Cash -2.841B 215.6M
YoY Change -1417.58% -12.46%
FREE CASH FLOW
Cash From Operating Activities $1.099B $1.169B
Capital Expenditures -$264.8M -$322.8M
Free Cash Flow $1.364B $1.492B
YoY Change -8.57% 34.85%

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CY2017Q2 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
CY2018Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2017Q2 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.117
us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.114
CY2018Q2 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.000
us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.004
CY2017Q2 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Depreciation And Amortization
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0.014
us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Depreciation And Amortization
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0.014
CY2018Q2 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Depreciation And Amortization
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0.006
us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Depreciation And Amortization
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0.006
CY2017Q2 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
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0.007
us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
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0.007
CY2018Q2 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
0.004
us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
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0.004
CY2017Q2 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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0.006
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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0.008
CY2018Q2 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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0.005
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.003
CY2017Q2 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.008
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.004
CY2018Q2 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.006
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.008
CY2017Q2 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
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0.009
us-gaap Effective Income Tax Rate Reconciliation Tax Credits
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0.008
CY2018Q2 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
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0.007
us-gaap Effective Income Tax Rate Reconciliation Tax Credits
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0.008
CY2017Q4 us-gaap Employee Related Liabilities Current
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CY2018Q2 us-gaap Employee Related Liabilities Current
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209800000 USD
CY2017Q2 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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2400000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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5100000 USD
CY2018Q2 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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2800000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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6200000 USD
CY2017Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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8500000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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20900000 USD
CY2018Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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6500000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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14100000 USD
CY2017Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
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us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
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CY2018Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
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-1900000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
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3700000 USD
CY2017Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
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0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
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6700000 USD
CY2018Q2 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
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20000000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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4385000000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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4596000000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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402600000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
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215800000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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211200000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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242300000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
255000000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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380900000 USD
CY2017Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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us-gaap Foreign Currency Transaction Gain Loss Before Tax
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1700000 USD
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us-gaap Foreign Currency Transaction Gain Loss Before Tax
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us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
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-4500000 USD
CY2018Q2 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
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5200000 USD
us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
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CY2017Q4 us-gaap Goodwill
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CY2018Q2 us-gaap Goodwill
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us-gaap Goodwill Acquired During Period
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540900000 USD
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0 USD
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1132400000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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2119100000 USD
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1178700000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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2672400000 USD
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0 USD
us-gaap Income Loss From Equity Method Investments
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0 USD
CY2018Q2 us-gaap Income Loss From Equity Method Investments
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0 USD
us-gaap Income Loss From Equity Method Investments
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0 USD
CY2017Q2 us-gaap Income Tax Expense Benefit
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269600000 USD
us-gaap Income Tax Expense Benefit
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508800000 USD
CY2018Q2 us-gaap Income Tax Expense Benefit
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263700000 USD
us-gaap Income Tax Expense Benefit
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586200000 USD
us-gaap Increase Decrease In Accounts Receivable
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301200000 USD
us-gaap Increase Decrease In Accounts Receivable
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187200000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
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us-gaap Increase Decrease In Accrued Income Taxes Payable
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183400000 USD
us-gaap Increase Decrease In Accrued Liabilities
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13300000 USD
us-gaap Increase Decrease In Inventories
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85300000 USD
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40100000 USD
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187300000 USD
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CY2017Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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CY2017Q2 us-gaap Interest Expense
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63600000 USD
us-gaap Interest Expense
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127000000 USD
CY2018Q2 us-gaap Interest Expense
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51700000 USD
us-gaap Interest Expense
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102200000 USD
CY2017Q4 us-gaap Inventory Finished Goods Net Of Reserves
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157400000 USD
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158500000 USD
CY2017Q4 us-gaap Inventory Net
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902700000 USD
CY2018Q2 us-gaap Inventory Net
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931700000 USD
CY2017Q4 us-gaap Inventory Noncurrent
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22800000 USD
CY2018Q2 us-gaap Inventory Noncurrent
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12900000 USD
CY2017Q4 us-gaap Inventory Raw Materials Net Of Reserves
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162400000 USD
CY2018Q2 us-gaap Inventory Raw Materials Net Of Reserves
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176100000 USD
CY2017Q4 us-gaap Inventory Work In Process Net Of Reserves
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605700000 USD
CY2018Q2 us-gaap Inventory Work In Process Net Of Reserves
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610000000 USD
CY2017Q2 us-gaap Investment Income Interest
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16900000 USD
us-gaap Investment Income Interest
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33600000 USD
CY2018Q2 us-gaap Investment Income Interest
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28700000 USD
us-gaap Investment Income Interest
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55400000 USD
CY2017Q4 us-gaap Liabilities
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11054500000 USD
CY2018Q2 us-gaap Liabilities
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11699200000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
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23652600000 USD
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CY2017Q4 us-gaap Liabilities Current
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3152400000 USD
CY2017Q1 us-gaap Litigation Settlement Amount Awarded To Other Party
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1250000000 USD
CY2017Q4 us-gaap Long Term Debt
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CY2017Q4 us-gaap Minority Interest
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CY2018Q1 us-gaap Minority Interest
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CY2017Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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0 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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0 USD
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50000000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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50000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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198100000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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1404400000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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2556400000 USD
CY2017Q2 us-gaap Net Income Loss
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862800000 USD
us-gaap Net Income Loss
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1610400000 USD
CY2018Q2 us-gaap Net Income Loss
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866600000 USD
us-gaap Net Income Loss
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2039500000 USD
CY2017Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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48400000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
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46700000 USD
CY2017Q2 us-gaap Noncontrolling Interest Increase From Business Combination
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0 USD
us-gaap Noncontrolling Interest Increase From Business Combination
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0 USD
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11100000 USD
us-gaap Noncontrolling Interest Increase From Business Combination
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11100000 USD
CY2017Q2 us-gaap Nonoperating Income Expense
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us-gaap Nonoperating Income Expense
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CY2018Q2 us-gaap Nonoperating Income Expense
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us-gaap Nonoperating Income Expense
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CY2017Q4 us-gaap Notes Payable
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us-gaap Number Of Reportable Segments
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us-gaap Operating Income Loss
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2225700000 USD
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us-gaap Operating Income Loss
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7200000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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5600000 USD
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600000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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7200000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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CY2018Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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132800000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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103800000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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82800000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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102800000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Net Of Tax
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42300000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
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55300000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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600000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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500000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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us-gaap Other Noncash Income Expense
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us-gaap Other Noncash Income Expense
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us-gaap Other Nonoperating Income Expense
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OtherNonoperatingIncomeExpense
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us-gaap Other Nonoperating Income Expense
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us-gaap Payments For Proceeds From Other Investing Activities
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7200000 USD
us-gaap Payments For Proceeds From Other Investing Activities
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us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments For Repurchase Of Common Stock
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3000000000 USD
us-gaap Payments Of Capital Distribution
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302700000 USD
us-gaap Payments Of Capital Distribution
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
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17800000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
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14300000 USD
us-gaap Payments To Acquire Available For Sale Securities Debt
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2536000000 USD
us-gaap Payments To Acquire Available For Sale Securities Debt
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4774300000 USD
us-gaap Payments To Acquire In Process Research And Development
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120000000 USD
us-gaap Payments To Acquire In Process Research And Development
PaymentsToAcquireInProcessResearchAndDevelopment
85000000 USD
us-gaap Payments To Acquire Intangible Assets
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860300000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
3000000 USD
us-gaap Payments To Acquire Other Investments
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0 USD
us-gaap Payments To Acquire Other Investments
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463700000 USD
us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
600000000 USD
us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
900000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
407700000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
381500000 USD
us-gaap Payments To Minority Shareholders
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us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
38900000 USD
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2018Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2018Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2017Q4 us-gaap Prepaid Taxes
PrepaidTaxes
657600000 USD
CY2018Q2 us-gaap Prepaid Taxes
PrepaidTaxes
508300000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
33500000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-3700000 USD
CY2017Q2 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
1700200000 USD
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
3584500000 USD
CY2018Q2 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
2733700000 USD
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
6802700000 USD
CY2017Q2 us-gaap Profit Loss
ProfitLoss
862800000 USD
us-gaap Profit Loss
ProfitLoss
1610300000 USD
CY2018Q2 us-gaap Profit Loss
ProfitLoss
915000000 USD
us-gaap Profit Loss
ProfitLoss
2086200000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3182400000 USD
CY2018Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3409000000 USD
CY2017Q2 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
-13400000 USD
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
-11000000 USD
CY2018Q2 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
5300000 USD
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
-9100000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-3500000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
48100000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
3200000 USD
CY2017Q2 us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
796200000 USD
us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
1219600000 USD
CY2018Q2 us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
981000000 USD
us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
1477700000 USD
CY2017Q2 us-gaap Research And Development In Process
ResearchAndDevelopmentInProcess
120000000 USD
us-gaap Research And Development In Process
ResearchAndDevelopmentInProcess
120000000 USD
CY2018Q2 us-gaap Research And Development In Process
ResearchAndDevelopmentInProcess
75000000 USD
us-gaap Research And Development In Process
ResearchAndDevelopmentInProcess
85000000 USD
CY2017Q2 us-gaap Restructuring Charges
RestructuringCharges
0 USD
us-gaap Restructuring Charges
RestructuringCharges
0 USD
CY2018Q2 us-gaap Restructuring Charges
RestructuringCharges
1600000 USD
us-gaap Restructuring Charges
RestructuringCharges
3200000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
15810400000 USD
CY2018Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
15499500000 USD
CY2017Q2 us-gaap Revenues
Revenues
3078400000 USD
us-gaap Revenues
Revenues
5889100000 USD
CY2018Q2 us-gaap Revenues
Revenues
3356500000 USD
us-gaap Revenues
Revenues
6487600000 USD
CY2017Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
429800000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
928500000 USD
CY2018Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
516200000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1017500000 USD
us-gaap Servicing Asset At Fair Value Description Of Changes In Valuation Inputs
ServicingAssetAtFairValueDescriptionOfChangesInValuationInputs
0
us-gaap Share Based Compensation
ShareBasedCompensation
67300000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
81700000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
12612800000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
12260900000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
12598100000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
12253700000 USD
us-gaap Stockholders Equity Period Increase Decrease
StockholdersEquityPeriodIncreaseDecrease
344400000 USD
CY2017Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
68200000 USD
CY2018Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
223000000 USD
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
2977100000 USD
CY2018Q2 us-gaap Treasury Stock Value
TreasuryStockValue
2977100000 USD
CY2017Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
761600000 USD
CY2018Q2 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
865600000 USD
CY2017Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
300000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
300000 shares
CY2018Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
200000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
300000 shares
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
212200000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
214000000 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
207300000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
209500000 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
211900000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
213700000 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
207100000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
209200000 shares
us-gaap Use Of Estimates
UseOfEstimates
<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 on-going basis we evaluate our estimates, judgments and methodologies. We base our estimates on historical experience and on various other assumptions that we believe are 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.</font></div></div>

Files In Submission

Name View Source Status
0000875045-18-000019-index-headers.html Edgar Link pending
0000875045-18-000019-index.html Edgar Link pending
0000875045-18-000019.txt Edgar Link pending
0000875045-18-000019-xbrl.zip Edgar Link pending
acquiredinprocessrd.jpg Edgar Link pending
amortofacqintangibleassets.jpg Edgar Link pending
anticd20therapeuticprograms.jpg Edgar Link pending
biib-20180630.xml Edgar Link completed
biib-20180630.xsd Edgar Link pending
biib-20180630_cal.xml Edgar Link unprocessable
biib-20180630_def.xml Edgar Link unprocessable
biib-20180630_lab.xml Edgar Link unprocessable
biib-20180630_pre.xml Edgar Link unprocessable
biib-2018630x10q.htm Edgar Link pending
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