2019 Q2 Form 10-K Financial Statement

#000002321719000006 Filed on July 19, 2019

View on sec.gov

Income Statement

Concept 2019 Q2 2018 Q2 2018 Q1
Revenue $2.613B $1.966B $1.995B
YoY Change 32.91% 5.61% 0.67%
Cost Of Revenue $1.898B $1.383B $1.396B
YoY Change 37.22% 3.91% 2.61%
Gross Profit $708.0M $575.4M $598.8M
YoY Change 23.04% 8.77% -3.57%
Gross Profit Margin 27.09% 29.26% 30.02%
Selling, General & Admin $359.3M $435.5M $352.1M
YoY Change -17.5% 14.94% 0.69%
% of Gross Profit 50.75% 75.69% 58.8%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $100.4M $63.60M $55.50M
YoY Change 57.86% -6.74% -3.48%
% of Gross Profit 14.18% 11.05% 9.27%
Operating Expenses $353.9M $435.5M $352.1M
YoY Change -18.74% 14.94% 0.69%
Operating Profit $354.1M $139.9M $355.2M
YoY Change 153.11% -6.8% -5.66%
Interest Expense -$141.4M -$49.70M -$39.30M
YoY Change 184.51% 47.04% -11.29%
% of Operating Profit -39.93% -35.53% -11.06%
Other Income/Expense, Net
YoY Change
Pretax Income $187.8M $89.40M $228.8M
YoY Change 110.07% 21.3% 1.42%
Income Tax $71.80M $33.10M -$91.40M
% Of Pretax Income 38.23% 37.02% -39.95%
Net Earnings $126.5M $69.60M $362.8M
YoY Change 81.75% -54.0% 101.89%
Net Earnings / Revenue 4.84% 3.54% 18.19%
Basic Earnings Per Share $0.26 $0.18 $0.91
Diluted Earnings Per Share $0.26 $0.18 $0.90
COMMON SHARES
Basic Shares Outstanding 486.1M shares 390.9M shares 399.1M shares
Diluted Shares Outstanding 402.5M shares

Balance Sheet

Concept 2019 Q2 2018 Q2 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $252.3M $132.8M $133.0M
YoY Change 89.98% -47.09% -80.56%
Cash & Equivalents $236.6M $128.0M $132.9M
Short-Term Investments $15.70M $4.800M
Other Short-Term Assets $93.40M $184.9M $253.3M
YoY Change -49.49% -19.15% 21.95%
Inventory $1.549B $988.7M $1.017B
Prepaid Expenses
Receivables $832.0M $569.0M $603.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.734B $1.939B $2.058B
YoY Change 41.0% -3.69% -18.94%
LONG-TERM ASSETS
Property, Plant & Equipment $2.327B $1.590B $1.627B
YoY Change 46.42% -2.67% -1.72%
Goodwill $11.36B $4.477B $4.507B
YoY Change 153.75% 4.59% 6.0%
Intangibles $4.539B $1.283B $1.300B
YoY Change 253.86% 4.83% 3.77%
Long-Term Investments
YoY Change
Other Assets $915.5M $906.3M $853.6M
YoY Change 1.02% 14.63% 7.02%
Total Long-Term Assets $19.48B $8.451B $8.405B
YoY Change 130.52% 4.55% 5.59%
TOTAL ASSETS
Total Short-Term Assets $2.734B $1.939B $2.058B
Total Long-Term Assets $19.48B $8.451B $8.405B
Total Assets $22.21B $10.39B $10.46B
YoY Change 113.81% 2.9% -0.34%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.252B $905.3M $869.6M
YoY Change 38.31% 17.1% 26.01%
Accrued Expenses $864.0M $832.0M $690.0M
YoY Change 3.85% 15.88% -6.76%
Deferred Revenue
YoY Change
Short-Term Debt $1.000M $277.0M $352.0M
YoY Change -99.64% 889.29% 8700.0%
Long-Term Debt Due $20.60M $307.0M $77.00M
YoY Change -93.29% 54.27% -40.31%
Total Short-Term Liabilities $2.143B $2.336B $1.991B
YoY Change -8.29% 35.79% 27.21%
LONG-TERM LIABILITIES
Long-Term Debt $10.66B $3.232B $3.233B
YoY Change 229.74% 16.69% 13.76%
Other Long-Term Liabilities $1.952B $1.061B $1.430B
YoY Change 83.99% -30.61% -20.03%
Total Long-Term Liabilities $12.61B $4.292B $1.430B
YoY Change 193.72% -0.13% -20.03%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.143B $2.336B $1.991B
Total Long-Term Liabilities $12.61B $4.292B $1.430B
Total Liabilities $14.75B $6.633B $6.654B
YoY Change 122.38% 10.21% 7.41%
SHAREHOLDERS EQUITY
Retained Earnings $5.048B $4.745B $4.759B
YoY Change 6.39% 11.72% 14.09%
Common Stock $5.207B $4.020B $4.013B
YoY Change 29.54% 0.2% 0.21%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.760B $4.978B $4.876B
YoY Change -44.55% 22.76% 32.38%
Treasury Stock Shares $98.13M 177.1M shares 174.4M shares
Shareholders Equity $7.385B $3.676B $3.721B
YoY Change
Total Liabilities & Shareholders Equity $22.21B $10.39B $10.46B
YoY Change 113.81% 2.9% -0.34%

Cashflow Statement

Concept 2019 Q2 2018 Q2 2018 Q1
OPERATING ACTIVITIES
Net Income $126.5M $69.60M $362.8M
YoY Change 81.75% -54.0% 101.89%
Depreciation, Depletion And Amortization $100.4M $63.60M $55.50M
YoY Change 57.86% -6.74% -3.48%
Cash From Operating Activities $369.2M $111.9M $421.6M
YoY Change 229.94% -65.43% 38.55%
INVESTING ACTIVITIES
Capital Expenditures -$117.0M -$75.70M -$52.50M
YoY Change 54.56% -9.45% 30.6%
Acquisitions
YoY Change
Other Investing Activities $255.3M $700.0K -$82.60M
YoY Change 36371.43% -100.33% -6983.33%
Cash From Investing Activities $138.3M -$75.00M -$135.1M
YoY Change -284.4% -74.59% 246.41%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -555.6M -38.90M -237.5M
YoY Change 1328.28% -91.58% -76.85%
NET CHANGE
Cash From Operating Activities 369.2M 111.9M 421.6M
Cash From Investing Activities 138.3M -75.00M -135.1M
Cash From Financing Activities -555.6M -38.90M -237.5M
Net Change In Cash -48.10M -2.000M 49.00M
YoY Change 2305.0% -99.54% -106.44%
FREE CASH FLOW
Cash From Operating Activities $369.2M $111.9M $421.6M
Capital Expenditures -$117.0M -$75.70M -$52.50M
Free Cash Flow $486.2M $187.6M $474.1M
YoY Change 159.17% -53.94% 37.62%

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327400000 USD
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207100000 USD
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170000000 USD
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59900000 USD
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197400000 USD
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6700000 USD
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242600000 USD
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125200000 USD
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341200000 USD
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160500000 USD
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221600000 USD
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104700000 USD
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16900000 USD
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28200000 USD
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91800000 USD
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3700000 USD
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3800000 USD
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51700000 USD
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71800000 USD
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13900000 USD
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4400000 USD
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307000000 USD
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20600000 USD
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307000000 USD
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20600000 USD
CY2019Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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20600000 USD
CY2019Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
1213000000 USD
CY2019Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
1103400000 USD
CY2019Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
1420400000 USD
CY2019Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
1368200000 USD
CY2018Q2 us-gaap Long Term Debt Noncurrent
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3231500000 USD
CY2019Q2 us-gaap Long Term Debt Noncurrent
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10655700000 USD
CY2017 us-gaap Loss Contingency Accrual Carrying Value Period Increase Decrease
LossContingencyAccrualCarryingValuePeriodIncreaseDecrease
0 USD
CY2018 us-gaap Loss Contingency Accrual Carrying Value Period Increase Decrease
LossContingencyAccrualCarryingValuePeriodIncreaseDecrease
151000000 USD
CY2019 us-gaap Loss Contingency Accrual Carrying Value Period Increase Decrease
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CY2018Q2 us-gaap Marketable Securities
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4800000 USD
CY2019Q2 us-gaap Marketable Securities
MarketableSecurities
15700000 USD
CY2017 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
328300000 USD
CY2018 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
278600000 USD
CY2019 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
253400000 USD
CY2018Q2 us-gaap Minority Interest
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80400000 USD
CY2019Q2 us-gaap Minority Interest
MinorityInterest
79100000 USD
CY2017 us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
1800000 USD
CY2018 us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
-5500000 USD
CY2019 us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
800000 USD
CY2017 us-gaap Multiemployer Plans Plan Contributions1
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8000000 USD
CY2018 us-gaap Multiemployer Plans Plan Contributions1
MultiemployerPlansPlanContributions1
6500000 USD
CY2019 us-gaap Multiemployer Plans Plan Contributions1
MultiemployerPlansPlanContributions1
6000000 USD
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CY2018 us-gaap Net Cash Provided By Used In Financing Activities
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CY2019 us-gaap Net Cash Provided By Used In Financing Activities
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4149800000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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-2408200000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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CY2019 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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4149800000 USD
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-184000000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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CY2017 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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-60300000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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-576200000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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-5166000000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
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1170200000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
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954200000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1125500000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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1135500000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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919700000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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1114300000 USD
CY2017 us-gaap Net Income Loss
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639300000 USD
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152500000 USD
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223500000 USD
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362800000 USD
CY2018Q2 us-gaap Net Income Loss
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69600000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
808400000 USD
CY2018Q3 us-gaap Net Income Loss
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178200000 USD
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131600000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
242000000 USD
CY2019Q2 us-gaap Net Income Loss
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126500000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
678300000 USD
CY2017 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
8700000 USD
CY2018 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3400000 USD
CY2019 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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100000 USD
CY2017 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
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-55200000 USD
CY2018 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
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-80400000 USD
CY2019 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
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-35100000 USD
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277300000 USD
CY2019Q2 us-gaap Notes Payable Current
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1000000 USD
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6 segment
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OperatingIncomeLoss
1240000000 USD
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
1412500000 USD
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
1641800000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due
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312600000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
52100000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
25600000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
34100000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
38000000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
48400000 USD
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114400000 USD
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671000000 USD
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691600000 USD
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184900000 USD
CY2019Q2 us-gaap Other Assets Current
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93800000 USD
CY2019Q2 us-gaap Other Assets Fair Value Disclosure
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10700000 USD
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906300000 USD
CY2019Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
915500000 USD
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-13400000 USD
CY2018 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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700000 USD
CY2019 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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-10200000 USD
CY2017 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
-13600000 USD
CY2018 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
800000 USD
CY2019 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
-10200000 USD
CY2017 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
-200000 USD
CY2018 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
100000 USD
CY2019 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
0 USD
CY2019 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
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32700000 USD
CY2019 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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34100000 USD
CY2019 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
45500000 USD
CY2019 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
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11400000 USD
CY2017 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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-700000 USD
CY2018 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
2100000 USD
CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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-13400000 USD
CY2018 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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700000 USD
CY2019 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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200000 USD
CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Before Tax
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0 USD
CY2018 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax
0 USD
CY2019 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Before Tax
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CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
0 USD
CY2018 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
0 USD
CY2019 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
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CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax
0 USD
CY2018 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax
0 USD
CY2019 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax
0 USD
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax
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CY2018 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax
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-157300000 USD
CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax
43800000 USD
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
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CY2018 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
-112300000 USD
CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
32900000 USD
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
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CY2018 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-113000000 USD
CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
34000000 USD
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax
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CY2018 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax
-45000000 USD
CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax
10900000 USD
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
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200000 USD
CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
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CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
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1900000 USD
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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100000 USD
CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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-100000 USD
CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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1400000 USD
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
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100000 USD
CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
0 USD
CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
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500000 USD
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
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10400000 USD
CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
900000 USD
CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
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CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
6400000 USD
CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
700000 USD
CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
-1100000 USD
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
4000000 USD
CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
200000 USD
CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
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CY2017 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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CY2018 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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2900000 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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CY2018 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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2000000 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
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CY2018 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
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900000 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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500000 USD
CY2018 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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1100000 USD
CY2019 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
0 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
300000 USD
CY2018 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
800000 USD
CY2019 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
0 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
200000 USD
CY2018 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
300000 USD
CY2019 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
0 USD
CY2018Q2 us-gaap Other Inventory Net Of Reserves
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46200000 USD
CY2019Q2 us-gaap Other Inventory Net Of Reserves
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69200000 USD
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1060800000 USD
CY2019Q2 us-gaap Other Liabilities Noncurrent
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1951800000 USD
CY2017 us-gaap Other Operating Activities Cash Flow Statement
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34600000 USD
CY2018 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
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CY2019 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
12300000 USD
CY2018Q2 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
186000000 USD
CY2019Q2 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
211900000 USD
CY2017 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-5300000 USD
CY2018 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-4500000 USD
CY2019 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-11100000 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
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1000000000 USD
CY2018 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
967300000 USD
CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2017 us-gaap Payments Of Dividends
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415000000 USD
CY2018 us-gaap Payments Of Dividends
PaymentsOfDividends
342300000 USD
CY2019 us-gaap Payments Of Dividends
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356200000 USD
CY2017 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0 USD
CY2018 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
3000000 USD
CY2019 us-gaap Payments Of Financing Costs
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95200000 USD
CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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1600000 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
325700000 USD
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
337100000 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
5119200000 USD
CY2017 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
0 USD
CY2018 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
0 USD
CY2019 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
61000000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
242100000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
251600000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
353100000 USD
CY2018Q2 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
261700000 USD
CY2019Q2 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
262500000 USD
CY2017 us-gaap Pension Contributions
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163000000 USD
CY2018 us-gaap Pension Contributions
PensionContributions
312600000 USD
CY2019 us-gaap Pension Contributions
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14700000 USD
CY2017 us-gaap Pension Expense
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-21400000 USD
CY2018 us-gaap Pension Expense
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-56100000 USD
CY2019 us-gaap Pension Expense
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Fiscal Year </font><font style="font-family:inherit;font-size:10pt;">&#8212; The fiscal year of Conagra Brands, Inc. ("Conagra Brands", "Company", "we", "us", or "our") ends the last Sunday in May. The fiscal years for the consolidated financial statements presented consist of </font><font style="font-family:inherit;font-size:10pt;">52-week</font><font style="font-family:inherit;font-size:10pt;"> periods for fiscal years 2019, 2018, and 2017. </font></div></div>
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