2019 Q2 Form 10-Q Financial Statement

#000138331219000026 Filed on May 07, 2019

View on sec.gov

Income Statement

Concept 2019 Q2 2019 Q1 2018 Q2
Revenue $1.211B $1.225B $1.320B
YoY Change -8.27% 14.26% -1.88%
Cost Of Revenue $811.6M $847.3M $870.1M
YoY Change -6.72% 5.5% -4.4%
Gross Profit $399.6M $377.5M $450.9M
YoY Change -11.38% 40.18% 3.51%
Gross Profit Margin 32.99% 30.82% 34.15%
Selling, General & Admin $158.8M $143.9M $184.9M
YoY Change -14.12% 3.82% 33.41%
% of Gross Profit 39.74% 38.12% 41.01%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $44.60M $42.30M $43.40M
YoY Change 2.76% 3.42% 16.67%
% of Gross Profit 11.16% 11.21% 9.63%
Operating Expenses $158.8M $143.9M $184.9M
YoY Change -14.12% 3.82% 33.41%
Operating Profit $240.8M $233.6M $266.2M
YoY Change -9.54% 78.59% -10.37%
Interest Expense -$11.40M -$10.00M -$7.400M
YoY Change 54.05% 11.11% -32.11%
% of Operating Profit -4.73% -4.28% -2.78%
Other Income/Expense, Net $700.0K $0.00
YoY Change -100.0%
Pretax Income $230.0M $223.6M $258.0M
YoY Change -10.85% 78.59% -9.38%
Income Tax $46.30M $51.40M $51.80M
% Of Pretax Income 20.13% 22.99% 20.08%
Net Earnings $183.2M $172.2M $206.9M
YoY Change -11.45% 57.84% 10.58%
Net Earnings / Revenue 15.13% 14.06% 15.67%
Basic Earnings Per Share $1.59 $1.49 $1.76
Diluted Earnings Per Share $1.55 $1.45 $1.72
COMMON SHARES
Basic Shares Outstanding 116.1M shares 115.7M shares 117.9M shares
Diluted Shares Outstanding 118.5M shares

Balance Sheet

Concept 2019 Q2 2019 Q1 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $273.2M $292.5M $264.0M
YoY Change 3.48% -16.93% -2.62%
Cash & Equivalents $273.2M $292.1M $263.9M
Short-Term Investments $400.0K $100.0K
Other Short-Term Assets $105.2M $110.5M $112.2M
YoY Change -6.24% -19.28% -13.02%
Inventory $21.10M $18.50M
Prepaid Expenses
Receivables $664.0M $792.8M $615.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.042B $1.195B $991.1M
YoY Change 5.17% -0.63% 0.15%
LONG-TERM ASSETS
Property, Plant & Equipment $189.0M $183.4M $204.1M
YoY Change -7.4% -7.33% 3.03%
Goodwill $1.500B $1.257B $1.255B
YoY Change 19.53% 2.05% 8.25%
Intangibles $556.2M $427.1M $494.1M
YoY Change 12.57% -12.87% 1.58%
Long-Term Investments $100.4M $93.70M $80.30M
YoY Change 25.03% 19.06% 26.66%
Other Assets $593.1M $539.6M $360.5M
YoY Change 64.52% 48.9% 13.94%
Total Long-Term Assets $2.838B $2.407B $2.314B
YoY Change 22.68% 5.48% 7.1%
TOTAL ASSETS
Total Short-Term Assets $1.042B $1.195B $991.1M
Total Long-Term Assets $2.838B $2.407B $2.314B
Total Assets $3.881B $3.602B $3.305B
YoY Change 17.43% 3.37% 4.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $133.7M $151.9M $156.2M
YoY Change -14.4% 3.05% -6.58%
Accrued Expenses $319.2M $268.9M $318.3M
YoY Change 0.28% 2.67% 5.89%
Deferred Revenue $90.90M $94.70M $106.3M
YoY Change -14.49% 29.0%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $802.6M $705.2M $777.3M
YoY Change 3.25% -8.09% 4.35%
LONG-TERM LIABILITIES
Long-Term Debt $1.470B $1.174B $1.053B
YoY Change 39.59% -2.39% -4.42%
Other Long-Term Liabilities $232.8M $197.4M $246.5M
YoY Change -5.56% -15.02% 72.74%
Total Long-Term Liabilities $1.703B $1.372B $1.300B
YoY Change 31.03% -4.43% 4.43%
TOTAL LIABILITIES
Total Short-Term Liabilities $802.6M $705.2M $777.3M
Total Long-Term Liabilities $1.703B $1.372B $1.300B
Total Liabilities $2.753B $2.337B $2.210B
YoY Change 24.56% 0.58% 3.0%
SHAREHOLDERS EQUITY
Retained Earnings $2.088B $1.960B $1.727B
YoY Change 20.89% 25.43% 17.53%
Common Stock $1.600M $1.600M $1.600M
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.000B $1.739B $1.631B
YoY Change 22.63% 23.65% 16.58%
Treasury Stock Shares 40.20M shares 38.70M shares 38.10M shares
Shareholders Equity $1.128B $1.266B $1.094B
YoY Change
Total Liabilities & Shareholders Equity $3.881B $3.602B $3.305B
YoY Change 17.43% 3.37% 4.92%

Cashflow Statement

Concept 2019 Q2 2019 Q1 2018 Q2
OPERATING ACTIVITIES
Net Income $183.2M $172.2M $206.9M
YoY Change -11.45% 57.84% 10.58%
Depreciation, Depletion And Amortization $44.60M $42.30M $43.40M
YoY Change 2.76% 3.42% 16.67%
Cash From Operating Activities $398.9M $135.9M $418.9M
YoY Change -4.77% 2.26% 18.4%
INVESTING ACTIVITIES
Capital Expenditures -$26.20M -$16.10M -$27.20M
YoY Change -3.68% -72.34% -38.46%
Acquisitions
YoY Change
Other Investing Activities -$358.2M -$1.000M -$44.50M
YoY Change 704.94% -97.06% 2019.05%
Cash From Investing Activities -$384.4M -$17.10M -$71.70M
YoY Change 436.12% -81.45% 54.86%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -34.30M -76.90M -429.7M
YoY Change -92.02% 38.31% 40.06%
NET CHANGE
Cash From Operating Activities 398.9M 135.9M 418.9M
Cash From Investing Activities -384.4M -17.10M -71.70M
Cash From Financing Activities -34.30M -76.90M -429.7M
Net Change In Cash -19.80M 41.90M -82.50M
YoY Change -76.0% -381.21% -11885.71%
FREE CASH FLOW
Cash From Operating Activities $398.9M $135.9M $418.9M
Capital Expenditures -$26.20M -$16.10M -$27.20M
Free Cash Flow $425.1M $152.0M $446.1M
YoY Change -4.71% -20.46% 12.09%

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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.84
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.45
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.51
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4100000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-1900000 USD
CY2018Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.129
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.270
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.281
CY2019Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.230
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.208
CY2018Q1 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
15600000 USD
us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
18600000 USD
CY2019Q1 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
1300000 USD
us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
9200000 USD
CY2018Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
233200000 USD
CY2019Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
189800000 USD
CY2019Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
19600000 USD
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P3Y7D
CY2019Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
53900000 USD
CY2018Q1 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
4300000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
11600000 USD
CY2019Q1 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
4100000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
10700000 USD
CY2019Q1 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
10200000 USD
CY2018Q1 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
0 USD
CY2019Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
-400000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
-1000000 USD
CY2017Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
6700000 USD
CY2017Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
11300000 USD
CY2018Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
11500000 USD
CY2018Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
18600000 USD
CY2018Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
17400000 USD
CY2019Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
17100000 USD
CY2018Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-200000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
100000 USD
CY2019Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-400000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-100000 USD
CY2018Q2 us-gaap Goodwill
Goodwill
1254900000 USD
CY2019Q1 us-gaap Goodwill
Goodwill
1256600000 USD
CY2018Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
125200000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
303000000 USD
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
223600000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
377200000 USD
CY2018Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-1100000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-3500000 USD
CY2019Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-1100000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-4100000 USD
CY2018Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
16200000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
81900000 USD
CY2019Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
51400000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
78400000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
152300000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
82600000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-77200000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-55100000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
121300000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
174000000 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
33300000 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
13300000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
69200000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
140900000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
96700000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
51900000 USD
CY2018Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3900000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3700000 shares
CY2019Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2700000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3000000 shares
CY2018Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
494100000 USD
CY2019Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
427100000 USD
CY2018Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
10500000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
31300000 USD
CY2019Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
11700000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
33300000 USD
CY2018Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-9000000 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-28600000 USD
CY2019Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-10000000 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-30400000 USD
us-gaap Interest Paid Net
InterestPaidNet
29600000 USD
us-gaap Interest Paid Net
InterestPaidNet
31200000 USD
CY2018Q1 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
1500000 USD
us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
2700000 USD
CY2019Q1 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
1700000 USD
us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
2900000 USD
CY2018Q2 us-gaap Liabilities
Liabilities
2210400000 USD
CY2019Q1 us-gaap Liabilities
Liabilities
2336500000 USD
CY2018Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3304700000 USD
CY2019Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3602100000 USD
CY2018Q2 us-gaap Liabilities Current
LiabilitiesCurrent
777300000 USD
CY2019Q1 us-gaap Liabilities Current
LiabilitiesCurrent
705200000 USD
CY2018Q2 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
18600000 USD
CY2019Q1 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
17100000 USD
CY2018Q2 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2019Q1 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2019Q1 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
1220000000 USD
CY2019Q1 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
1172500000 USD
CY2019Q1 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
780000000 USD
CY2019Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
0 USD
CY2019Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
0 USD
CY2019Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0 USD
CY2019Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
400000000 USD
CY2019Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0 USD
CY2018Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1053400000 USD
CY2019Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1174400000 USD
CY2018Q2 us-gaap Long Term Investments
LongTermInvestments
80300000 USD
CY2019Q1 us-gaap Long Term Investments
LongTermInvestments
93700000 USD
CY2018Q2 us-gaap Memberships In Exchanges Owned
MembershipsInExchangesOwned
28700000 USD
CY2019Q1 us-gaap Memberships In Exchanges Owned
MembershipsInExchangesOwned
37400000 USD
CY2018Q2 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
86800000 USD
CY2019Q1 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
94700000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-20200000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-138800000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-177600000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-49100000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
274800000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
217900000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
109100000 USD
us-gaap Net Income Loss
NetIncomeLoss
221100000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
172200000 USD
us-gaap Net Income Loss
NetIncomeLoss
298800000 USD
CY2019Q1 us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
0 business
us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
0 business
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 Segment
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
130800000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
331900000 USD
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
233600000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
411900000 USD
CY2018Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
53900000 USD
CY2019Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
58400000 USD
CY2018Q2 us-gaap Other Assets Current
OtherAssetsCurrent
112200000 USD
CY2019Q1 us-gaap Other Assets Current
OtherAssetsCurrent
110500000 USD
CY2018Q2 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
30500000 USD
CY2019Q1 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
30200000 USD
CY2018Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
360500000 USD
CY2019Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
539600000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
-1700000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
-1200000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
0 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
0 USD
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1100000 shares
CY2018Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-3700000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-2700000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
7400000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
23300000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
4900000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-11200000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
3800000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
21300000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
5100000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-10700000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-200000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-700000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-200000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-600000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-100000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-300000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-100000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-200000 USD
CY2019Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
0 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
0 USD
CY2018Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
246500000 USD
CY2019Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
197400000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
15200000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
27200000 USD
CY2018Q1 us-gaap Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
4700000 USD
us-gaap Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
3100000 USD
CY2019Q1 us-gaap Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
1600000 USD
us-gaap Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
-200000 USD
CY2018Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3400000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-300000 USD
CY2019Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-4300000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
4000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
2800000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
29800000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
120300000 USD
us-gaap Payments For Software
PaymentsForSoftware
15900000 USD
us-gaap Payments For Software
PaymentsForSoftware
15500000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
123000000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
155100000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
63000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
2800000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
54800000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
30900000 USD
CY2018Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000 shares
CY2019Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000 shares
CY2018Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2019Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2018Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2019Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2018Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2019Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
260000000 USD
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
370000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-5500000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-7100000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
38100000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
23600000 USD
CY2018Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
204100000 USD
CY2019Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
183400000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
160000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
250000000 USD
CY2018Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1727000000 USD
CY2019Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1959900000 USD
CY2018Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1071900000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3009500000 USD
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1224800000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3151000000 USD
CY2018Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
138600000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
379800000 USD
CY2019Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
143900000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
418700000 USD
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
6500000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
45200000 USD
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
154700000 USD
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
2600000 shares
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
44.47
CY2019Q1 us-gaap Share Price
SharePrice
103.69
CY2019Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y8M16D
CY2019Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P5Y3M15D
CY2018Q1 us-gaap Stock Issued During Period Shares Treasury Stock Reissued
StockIssuedDuringPeriodSharesTreasuryStockReissued
900000 shares
us-gaap Stock Issued During Period Shares Treasury Stock Reissued
StockIssuedDuringPeriodSharesTreasuryStockReissued
1100000 shares
CY2019Q1 us-gaap Stock Issued During Period Shares Treasury Stock Reissued
StockIssuedDuringPeriodSharesTreasuryStockReissued
100000 shares
us-gaap Stock Issued During Period Shares Treasury Stock Reissued
StockIssuedDuringPeriodSharesTreasuryStockReissued
600000 shares
CY2018Q1 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
0 USD
us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
0 USD
CY2019Q1 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
0 USD
us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
0 USD
CY2017Q2 us-gaap Stockholders Equity
StockholdersEquity
1003800000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
1074000000 USD
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
1161800000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
1094300000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
1122600000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
1265600000 USD
CY2018Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
38100000 shares
CY2019Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
38700000 shares
CY2018Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
300000 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
300000 shares
CY2019Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
100000 shares
CY2018Q2 us-gaap Treasury Stock Value
TreasuryStockValue
1630800000 USD
CY2019Q1 us-gaap Treasury Stock Value
TreasuryStockValue
1739200000 USD
CY2018Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
26800000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
29800000 USD
CY2019Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
0 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
120300000 USD
CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
120900000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
120300000 shares
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
118500000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
119100000 shares
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
116900000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
116700000 shares
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
115700000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
116100000 shares
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</font><font style="font-family:inherit;font-size:10pt;">. The preparation of these financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the Condensed Consolidated Financial Statements and accompanying notes thereto. These estimates are based on management&#8217;s best knowledge of current events, historical experience, actions that the Company may undertake in the future and on various other assumptions and judgment that are believed to be reasonable under the circumstances.</font></div></div>

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0001383312-19-000026.txt Edgar Link pending
0001383312-19-000026-xbrl.zip Edgar Link pending
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