2017 Form 10-K Financial Statement

#000156459018003991 Filed on March 01, 2018

View on sec.gov

Income Statement

Concept 2017 2016 Q4 2016
Revenue $18.63B $3.824B $17.37B
YoY Change 7.25% 3.34% 60.0%
Cost Of Revenue $14.31B $6.900B $78.46M
YoY Change 18133.28% 172.69% 94.01%
Gross Profit $4.324B $1.221B $17.29B
YoY Change -74.99% 4.39% 59.87%
Gross Profit Margin 23.21% 31.93% 99.55%
Selling, General & Admin $2.859B $770.0M $2.780B
YoY Change 2.84% -10.96% 5.54%
% of Gross Profit 66.12% 63.06% 16.08%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $406.1M $96.90M $366.9M
YoY Change 10.68% -1.72% 16.81%
% of Gross Profit 9.39% 7.94% 2.12%
Operating Expenses $2.859B $866.9M $2.780B
YoY Change 2.82% -10.02% 5.57%
Operating Profit $1.079B $352.8M $816.8M
YoY Change 32.06% 70.46% -2.29%
Interest Expense $136.8M $47.20M $144.9M
YoY Change -5.55% -47.03% 21.85%
% of Operating Profit 12.68% 13.38% 17.73%
Other Income/Expense, Net $9.405M -$3.800M $4.688M
YoY Change 100.62% -445.45% -223.08%
Pretax Income $1.171B $397.6M $880.7M
YoY Change 33.0% 33.78% 0.11%
Income Tax $467.8M $131.3M $296.7M
% Of Pretax Income 39.93% 33.02% 33.68%
Net Earnings $697.1M $264.0M $573.1M
YoY Change 21.64% 46.62% 4.74%
Net Earnings / Revenue 3.74% 6.9% 3.3%
Basic Earnings Per Share $2.06 $0.78 $1.71
Diluted Earnings Per Share $2.05 $0.78 $1.69
COMMON SHARES
Basic Shares Outstanding 337.7M 336.8M shares 335.4M
Diluted Shares Outstanding 340.8M 338.8M shares 338.4M

Balance Sheet

Concept 2017 2016 Q4 2016
SHORT-TERM ASSETS
Cash & Short-Term Investments $752.0M $763.0M $763.0M
YoY Change -1.44% 41.3% 41.3%
Cash & Equivalents $752.0M $762.6M $763.0M
Short-Term Investments
Other Short-Term Assets $515.0M $179.7M $432.0M
YoY Change 19.21% -18.69% -7.49%
Inventory
Prepaid Expenses $184.1M
Receivables $3.385B $2.606B $2.606B
Other Receivables $978.0M $1.321B $1.321B
Total Short-Term Assets $5.631B $5.122B $5.122B
YoY Change 9.94% -3.45% -3.45%
LONG-TERM ASSETS
Property, Plant & Equipment $618.0M $560.8M $561.0M
YoY Change 10.16% 5.84% 5.85%
Goodwill $2.981B
YoY Change -3.39%
Intangibles $1.411B
YoY Change -2.72%
Long-Term Investments $238.0M $232.2M $232.0M
YoY Change 2.59% 6.56% 6.42%
Other Assets $578.0M $366.4M $472.0M
YoY Change 22.46% 24.95% 10.28%
Total Long-Term Assets $6.087B $5.657B $5.658B
YoY Change 7.58% -0.97% -0.96%
TOTAL ASSETS
Total Short-Term Assets $5.631B $5.122B $5.122B
Total Long-Term Assets $6.087B $5.657B $5.658B
Total Assets $11.72B $10.78B $10.78B
YoY Change 8.7% -2.16% -2.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.574B $1.446B $1.446B
YoY Change 8.85% -2.56% -2.56%
Accrued Expenses $1.983B $1.663B $1.663B
YoY Change 19.24% 5.79% 5.79%
Deferred Revenue
YoY Change
Short-Term Debt $911.0M $1.255B $1.255B
YoY Change -27.41% -28.34% -28.33%
Long-Term Debt Due $0.00 $11.00K $0.00
YoY Change -99.97% -100.0%
Total Short-Term Liabilities $4.713B $4.525B $4.525B
YoY Change 4.15% -9.39% -9.39%
LONG-TERM LIABILITIES
Long-Term Debt $2.000B $2.548B $2.548B
YoY Change -21.51% -3.67% -3.67%
Other Long-Term Liabilities $684.0M $524.0M $578.0M
YoY Change 18.34% 21.7% 11.37%
Total Long-Term Liabilities $2.684B $3.072B $3.126B
YoY Change -14.14% -0.11% -1.2%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.713B $4.525B $4.525B
Total Long-Term Liabilities $2.684B $3.072B $3.126B
Total Liabilities $7.604B $7.722B $7.765B
YoY Change -2.07% -6.5% -6.5%
SHAREHOLDERS EQUITY
Retained Earnings $2.657B
YoY Change 27.23%
Common Stock $1.149B
YoY Change 3.47%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $4.114B $3.014B $3.014B
YoY Change
Total Liabilities & Shareholders Equity $11.72B $10.78B $10.78B
YoY Change 8.7% -2.16% -2.16%

Cashflow Statement

Concept 2017 2016 Q4 2016
OPERATING ACTIVITIES
Net Income $697.1M $264.0M $573.1M
YoY Change 21.64% 46.62% 4.74%
Depreciation, Depletion And Amortization $406.1M $96.90M $366.9M
YoY Change 10.68% -1.72% 16.81%
Cash From Operating Activities $894.4M $670.2M $617.0M
YoY Change 44.96% 31.54% -5.36%
INVESTING ACTIVITIES
Capital Expenditures $178.0M -$56.80M $191.2M
YoY Change -6.88% 4.8% 37.1%
Acquisitions $10.48M
YoY Change -99.26%
Other Investing Activities -$2.392M -$54.00M -$40.08M
YoY Change -94.03% -180.48% 2301.62%
Cash From Investing Activities -$302.6M -$110.9M -$150.5M
YoY Change 101.03% -959.69% -90.7%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -627.7M -219.9M -220.7M
YoY Change 184.46% -47.73% -127.95%
NET CHANGE
Cash From Operating Activities 894.4M 670.2M 617.0M
Cash From Investing Activities -302.6M -110.9M -150.5M
Cash From Financing Activities -627.7M -219.9M -220.7M
Net Change In Cash -6.593M 339.4M 218.2M
YoY Change -103.02% 233.73% -222.89%
FREE CASH FLOW
Cash From Operating Activities $894.4M $670.2M $617.0M
Capital Expenditures $178.0M -$56.80M $191.2M
Free Cash Flow $716.4M $727.0M $425.8M
YoY Change 68.25% 28.97% -16.91%

Facts In Submission

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CY2015 cbg Gains Losses On Disposition Of Real Estate Held For Investment
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CY2016 us-gaap Deferred Income Tax Expense Benefit
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CY2016 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
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CY2017 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
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CY2015 cbg Increase Decrease In Warehouse Lines Of Credit
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CY2016 us-gaap Payments For Purchase Of Securities Operating Activities
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CY2015 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2015 cbg Increase Decrease In Real Estate Held For Sale And Under Development
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CY2016 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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247574000
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213446000
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187577000
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CY2015 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
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3584000
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CY2015 us-gaap Increase Decrease In Restricted Cash
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49012000
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37661000
CY2015 us-gaap Payments To Acquire Available For Sale Securities
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CY2016 us-gaap Proceeds From Sale Of Available For Sale Securities
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CY2016 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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CY2015 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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CY2017 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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23844000
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CY2016 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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CY2015 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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CY2017 cbg Proceeds From Notes Payable On Real Estate Held For Investment
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137000
CY2016 cbg Proceeds From Notes Payable On Real Estate Held For Investment
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7274000
CY2017 cbg Repayment Of Notes Payable On Real Estate Held For Investment
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1779000
CY2016 cbg Repayment Of Notes Payable On Real Estate Held For Investment
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33944000
CY2015 cbg Repayment Of Notes Payable On Real Estate Held For Investment
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1576000
CY2017 cbg Proceeds From Notes Payable On Real Estate Held For Sale And Under Development
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4196000
CY2016 cbg Proceeds From Notes Payable On Real Estate Held For Sale And Under Development
ProceedsFromNotesPayableOnRealEstateHeldForSaleAndUnderDevelopment
17727000
CY2015 cbg Proceeds From Notes Payable On Real Estate Held For Sale And Under Development
ProceedsFromNotesPayableOnRealEstateHeldForSaleAndUnderDevelopment
20879000
CY2017 cbg Repayment Of Notes Payable On Real Estate Held For Sale And Under Development
RepaymentOfNotesPayableOnRealEstateHeldForSaleAndUnderDevelopment
10777000
CY2016 cbg Repayment Of Notes Payable On Real Estate Held For Sale And Under Development
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4102000
CY2015 cbg Repayment Of Notes Payable On Real Estate Held For Sale And Under Development
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1186000
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CY2015 us-gaap Cash And Cash Equivalents Period Increase Decrease
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CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2015 us-gaap Interest Paid
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CY2016 us-gaap Income Taxes Paid Net
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9802000
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CY2015 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
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74709000
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24523000
CY2015 us-gaap Stock Issued During Period Shares Restricted Stock Award Forfeited
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13338
CY2015 us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
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1000
CY2015 cbg Minority Interest Increase From Contributions From Noncontrolling Interest Holders
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5909000
CY2015 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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16582000
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1681000
CY2016 us-gaap Stock Issued During Period Shares Stock Options Exercised
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CY2016 us-gaap Stock Issued During Period Value Stock Options Exercised Net Of Tax Benefit Expense
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CY2016 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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63484000
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CY2016 cbg Minority Interest Increase From Contributions From Noncontrolling Interest Holders
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2272000
CY2016 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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CY2017 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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CY2017 us-gaap Nature Of Operations
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<div> <div align="left"> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;"> <tr> <td valign="top" style="width:5.24%;white-space:nowrap"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">1.</font></p></td> <td valign="top"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:bold;color:#000000;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:10pt;">Nature of Operations</p></td></tr></table></div> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">CBRE Group, Inc., a Delaware corporation (which may be referred to in these financial statements as the &#8220;company&#8221;, &#8220;we&#8221;, &#8220;us&#8221; and &#8220;our&#8221;), was incorporated on February&#160;20, 2001. We are the world&#8217;s largest commercial real estate services and investment firm, based on 2017 revenue, with leading global market positions in our leasing, property sales, occupier outsourcing and valuation businesses. Our business is focused on providing services to both occupiers of real estate and investors in real estate. For occupiers, we provide facilities management, project management, transaction (both property sales and tenant leasing) and consulting services, among others. For investors, we provide capital markets (property sales, commercial mortgage brokerage, loan origination and servicing), leasing, investment management, property management, valuation and development services, among others. We generate revenue from both management fees (large multi-year portfolio and per-project contracts) and commissions on transactions. As of December&#160;31, 2017, we operated in more than 450 offices worldwide with over 80,000 employees, excluding independent affiliates, providing commercial real estate services under the &#8220;CBRE&#8221; brand name, investment management services under the &#8220;CBRE Global Investors&#8221; brand name and development services under the &#8220;Trammell Crow Company&#8221; brand name. </p></div>
CY2017 us-gaap Use Of Estimates
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<div> <p style="text-align:justify;margin-top:18pt;margin-bottom:0pt;margin-left:5.24%;text-indent:0%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:5.24%;">Our consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (U.S.), or GAAP, which require management to make estimates and assumptions about future events. These estimates and assumptions affect the amounts of assets, liabilities, revenue and expenses we report. Such estimates include the value of goodwill, intangibles and other long-lived assets, accounts receivable, investments in unconsolidated subsidiaries and assumptions used in the calculation of income taxes, retirement and other post-employment benefits, among others. These estimates and assumptions are based on management&#8217;s best judgment, and are evaluated on an ongoing basis and adjusted, as needed, using historical experience and other factors, including consideration of the macroeconomic environment. As future events and their effects cannot be forecast with precision, actual results could differ significantly from these estimates. Changes in estimates resulting from continuing changes in the economic environment will be reflected in the financial statements in future periods.</p></div>
CY2017 us-gaap Concentration Risk Credit Risk
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<div> <p style="text-align:justify;margin-top:18pt;margin-bottom:0pt;margin-left:5.24%;text-indent:0%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Concentration of Credit Risk</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:5.24%;">Financial instruments that potentially subject us to credit risk consist principally of trade receivables and interest-bearing investments. Users of real estate services account for a substantial portion of trade receivables and collateral is generally not required. The risk associated with this concentration is limited due to the large number of users and their geographic dispersion.</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:5.24%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">We place substantially all of our interest-bearing investments with several major financial institutions to limit the amount of credit exposure with any one financial institution.</p></div>
CY2017 us-gaap Servicing Asset At Fair Value Disposals
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71000
CY2017 cbg Number Of Offices
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123800000
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73300000
CY2017 cbg Amortization Period Of Financing Costs Maximum
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P10Y
CY2016 cbg Amortization Period Of Financing Costs Maximum
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P10Y
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CY2016Q4 us-gaap Deferred Finance Costs Net
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P180D
CY2017 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
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0
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0
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0
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CY2015Q4 us-gaap Servicing Asset
ServicingAsset
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CY2017 us-gaap Servicing Asset At Fair Value Additions
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145103000
CY2016 us-gaap Servicing Asset At Fair Value Additions
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154040000
CY2016 us-gaap Servicing Asset At Fair Value Disposals
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790000
CY2017 us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
98559000
CY2016 us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
73273000
CY2017 us-gaap Servicing Asset At Fair Value Other Changes That Affect Balance
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6134000
CY2016 us-gaap Servicing Asset At Fair Value Other Changes That Affect Balance
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CY2017Q4 us-gaap Servicing Asset
ServicingAsset
373131000
CY2017 us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Discount Rate
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0.1006
CY2016 us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Discount Rate
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0.1016
CY2015 us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Discount Rate
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0.1011
CY2017 us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Prepayment Speed
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValuePrepaymentSpeed
0.0888
CY2016 us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Prepayment Speed
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValuePrepaymentSpeed
0.0966
CY2015 us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Prepayment Speed
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValuePrepaymentSpeed
0.0603
CY2017Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
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CY2016Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
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CY2017Q4 us-gaap Servicing Asset At Amortized Value
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0
CY2016Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
0
CY2015Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
0
CY2017 us-gaap Servicing Fees Net
ServicingFeesNet
144200000
CY2016 us-gaap Servicing Fees Net
ServicingFeesNet
115300000
CY2015 us-gaap Servicing Fees Net
ServicingFeesNet
92000000
CY2017 us-gaap Ancillary Fee Income Generated By Servicing Financial Assets Amount
AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
13200000
CY2016 us-gaap Ancillary Fee Income Generated By Servicing Financial Assets Amount
AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
7200000
CY2015 us-gaap Ancillary Fee Income Generated By Servicing Financial Assets Amount
AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
8400000
CY2016Q1 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
3300000
CY2017Q4 us-gaap Self Insurance Reserve
SelfInsuranceReserve
93700000
CY2016Q4 us-gaap Self Insurance Reserve
SelfInsuranceReserve
80600000
CY2017Q4 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
2800000
CY2016Q4 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
1700000
CY2017 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2026-03-01
CY2017 us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
52742000
CY2017 cbg Sale Of Mortgage Loans Held For Sale
SaleOfMortgageLoansHeldForSale
18000014000
CY2017 us-gaap Proceeds From Collection Of Mortgage Loans Held For Sale
ProceedsFromCollectionOfMortgageLoansHeldForSale
52742000
CY2017 cbg Net Increase Decrease In Mortgage Servicing Rights Included In Warehouse Receivables
NetIncreaseDecreaseInMortgageServicingRightsIncludedInWarehouseReceivables
-3099000
CY2017Q4 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0
CY2016Q4 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0
CY2017Q4 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
0
CY2016Q4 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
0
CY2017Q4 us-gaap Fair Value Liabilities Level1 To Level2 Transfers Amount
FairValueLiabilitiesLevel1ToLevel2TransfersAmount
0
CY2016Q4 us-gaap Fair Value Liabilities Level1 To Level2 Transfers Amount
FairValueLiabilitiesLevel1ToLevel2TransfersAmount
0
CY2017Q4 us-gaap Fair Value Liabilities Level2 To Level1 Transfers Amount
FairValueLiabilitiesLevel2ToLevel1TransfersAmount
0
CY2016Q4 us-gaap Fair Value Liabilities Level2 To Level1 Transfers Amount
FairValueLiabilitiesLevel2ToLevel1TransfersAmount
0
CY2017Q4 us-gaap Assets Fair Value Disclosure Nonrecurring
AssetsFairValueDisclosureNonrecurring
0
CY2016Q4 us-gaap Assets Fair Value Disclosure Nonrecurring
AssetsFairValueDisclosureNonrecurring
0
CY2015Q4 us-gaap Assets Fair Value Disclosure Nonrecurring
AssetsFairValueDisclosureNonrecurring
0
CY2017Q4 us-gaap Liabilities Fair Value Disclosure Nonrecurring
LiabilitiesFairValueDisclosureNonrecurring
0
CY2016Q4 us-gaap Liabilities Fair Value Disclosure Nonrecurring
LiabilitiesFairValueDisclosureNonrecurring
0
CY2015Q4 us-gaap Liabilities Fair Value Disclosure Nonrecurring
LiabilitiesFairValueDisclosureNonrecurring
0
CY2017Q4 cbg Current And Noncurrent Notes Payable On Real Estate Carrying Value
CurrentAndNoncurrentNotesPayableOnRealEstateCarryingValue
17900000
CY2016Q4 cbg Current And Noncurrent Notes Payable On Real Estate Carrying Value
CurrentAndNoncurrentNotesPayableOnRealEstateCarryingValue
26000000
CY2011Q1 invest Derivative Notional Amount
DerivativeNotionalAmount
400000000
CY2011Q1 us-gaap Number Of Interest Rate Derivatives Held
NumberOfInterestRateDerivativesHeld
5
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1376430000
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1285201000
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
758691000
CY2016Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
724445000
CY2015Q4 us-gaap Goodwill Gross
GoodwillGross
4154503000
CY2015Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
1068506000
CY2015Q4 us-gaap Goodwill
Goodwill
3085997000
CY2016 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
75437000
CY2016 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-180042000
CY2016Q4 us-gaap Goodwill Gross
GoodwillGross
4049898000
CY2016Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
1068506000
CY2017 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
143822000
CY2017 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
129526000
CY2017Q4 us-gaap Goodwill Gross
GoodwillGross
4323246000
CY2017Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
1068506000
CY2017 us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
11
CY2017 cbg Number Of Software Service Acquired
NumberOfSoftwareServiceAcquired
2
CY2017Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0
CY2016Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0
CY2015Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0
CY2017Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
163553000
CY2016Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
176255000
CY2017Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
2236297000
CY2016Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
2006457000
CY2017Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
2399850000
CY2016Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
2182712000
CY2017 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
238700000
CY2016Q4 us-gaap Equity Method Investment Summarized Financial Information Current Assets
EquityMethodInvestmentSummarizedFinancialInformationCurrentAssets
4573889000
CY2017Q4 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Assets
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentAssets
15548581000
CY2016Q4 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Assets
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentAssets
13871855000
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
200000000
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
1825000000
CY2017Q4 us-gaap Senior Long Term Notes
SeniorLongTermNotes
791700000
CY2016 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
211700000
CY2015 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
175300000
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
216200000
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
165000000
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
138200000
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
117000000
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
107100000
CY2017Q4 us-gaap Equity Method Investment Summarized Financial Information Current Assets
EquityMethodInvestmentSummarizedFinancialInformationCurrentAssets
4385869000
CY2017Q4 us-gaap Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
19934450000
CY2016Q4 us-gaap Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
18445744000
CY2017Q4 us-gaap Equity Method Investment Summarized Financial Information Current Liabilities
EquityMethodInvestmentSummarizedFinancialInformationCurrentLiabilities
2032227000
CY2016Q4 us-gaap Equity Method Investment Summarized Financial Information Current Liabilities
EquityMethodInvestmentSummarizedFinancialInformationCurrentLiabilities
2438045000
CY2017Q4 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Liabilities
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentLiabilities
4466814000
CY2016Q4 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Liabilities
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentLiabilities
4571801000
CY2017Q4 us-gaap Equity Method Investment Summarized Financial Information Liabilities
EquityMethodInvestmentSummarizedFinancialInformationLiabilities
6499041000
CY2016Q4 us-gaap Equity Method Investment Summarized Financial Information Liabilities
EquityMethodInvestmentSummarizedFinancialInformationLiabilities
7009846000
CY2017Q4 cbg Equity Method Summarized Financial Information Assets Liabilities Minority Interest
EquityMethodSummarizedFinancialInformationAssetsLiabilitiesMinorityInterest
83579000
CY2016Q4 cbg Equity Method Summarized Financial Information Assets Liabilities Minority Interest
EquityMethodSummarizedFinancialInformationAssetsLiabilitiesMinorityInterest
31265000
CY2017 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
1392590000
CY2016 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
1426202000
CY2015 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
816764000
CY2017 cbg Equity Method Investment Summarized Financial Information Operating Profit Loss
EquityMethodInvestmentSummarizedFinancialInformationOperatingProfitLoss
1425824000
CY2016 cbg Equity Method Investment Summarized Financial Information Operating Profit Loss
EquityMethodInvestmentSummarizedFinancialInformationOperatingProfitLoss
527871000
CY2015 cbg Equity Method Investment Summarized Financial Information Operating Profit Loss
EquityMethodInvestmentSummarizedFinancialInformationOperatingProfitLoss
-132415000
CY2017 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
1254345000
CY2016 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
418751000
CY2015 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
-210321000
CY2017Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2022598000
CY2016Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2574301000
CY2017Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
22987000
CY2016Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
26164000
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
910790000
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
0
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0
CY2016Q4 us-gaap Senior Long Term Notes
SeniorLongTermNotes
790400000
CY2017 cbg Minimum Coverage Ratio Of Earnings Before Interest Tax Depreciation And Amortization To Interest Expense Expressed In Percentage
MinimumCoverageRatioOfEarningsBeforeInterestTaxDepreciationAndAmortizationToInterestExpenseExpressedInPercentage
0.0200
CY2017 cbg Maximum Leverage Ratio Of Debt To Earnings Before Interest Tax Depreciation And Amortization Expressed In Percentage
MaximumLeverageRatioOfDebtToEarningsBeforeInterestTaxDepreciationAndAmortizationExpressedInPercentage
0.0425
CY2017 cbg Maximum Leverage Ratio During First Four Quarter That Qualified Acquisition Is Consummated
MaximumLeverageRatioDuringFirstFourQuarterThatQualifiedAcquisitionIsConsummated
0.0475
CY2017Q4 cbg Coverage Ratio Of Earnings Before Interest Tax Depreciation And Amortization To Interest Expense Expressed In Percentage
CoverageRatioOfEarningsBeforeInterestTaxDepreciationAndAmortizationToInterestExpenseExpressedInPercentage
0.1474
CY2017Q4 cbg Leverage Ratio Of Debt To Earnings Before Interest Tax Depreciation And Amortization Expressed In Percentage
LeverageRatioOfDebtToEarningsBeforeInterestTaxDepreciationAndAmortizationExpressedInPercentage
0.79
CY2017Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.027
CY2016Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.021
CY2017 us-gaap Lease Expiration Date1
LeaseExpirationDate1
2030-01-01
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
230083000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
207129000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
184872000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
167879000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
135451000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
438121000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
1363535000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals
OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentals
12900000
CY2017 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
276676000
CY2016 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
252285000
CY2015 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
236965000
CY2017 us-gaap Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
3446000
CY2016 us-gaap Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
4322000
CY2015 us-gaap Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
4673000
CY2017 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
273230000
CY2016 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
247963000
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.2785
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0000
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0233
CY2017 cbg Bonus Expense
BonusExpense
286100000
CY2016 cbg Bonus Expense
BonusExpense
248100000
CY2015 cbg Bonus Expense
BonusExpense
231900000
CY2017 cbg Percent Of Employee Investment In Defined Benefit Plan
PercentOfEmployeeInvestmentInDefinedBenefitPlan
0.25
CY2017 cbg Number Of Share Held As Investment By Participant Under Defined Contribution Plan
NumberOfShareHeldAsInvestmentByParticipantUnderDefinedContributionPlan
1200000
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
577098000
CY2015 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
232292000
CY2017Q4 cbg Loan Loss Sharing Reserve
LoanLossSharingReserve
32900000
CY2016Q4 cbg Loan Loss Sharing Reserve
LoanLossSharingReserve
28200000
CY2017Q4 cbg Assets Available For Recourse
AssetsAvailableForRecourse
614500000
CY2017Q4 us-gaap Loans Receivable Mortgage Warehouse Lending
LoansReceivableMortgageWarehouseLending
370900000
CY2017Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
69400000
CY2017 cbg Line Of Credit Facility Latest Expiration Date
LineOfCreditFacilityLatestExpirationDate
2018-09
CY2017Q4 cbg Guarantor Obligations Maximum Exposure Undiscounted
GuarantorObligationsMaximumExposureUndiscounted
56100000
CY2017Q4 cbg Commitments To Investment In Future Real Estate Investment
CommitmentsToInvestmentInFutureRealEstateInvestment
38600000
CY2017Q4 cbg Commitments To Investment In Unconsolidated Entity
CommitmentsToInvestmentInUnconsolidatedEntity
20800000
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Expiration Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardExpirationDate
2027-03-03
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
400000
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
1600000
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
13100000
CY2017 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
400000
CY2016 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
900000
CY2015 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
7500000
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
100000
CY2016 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
400000
CY2015 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
3200000
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
536869000
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
600939000
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
586995000
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
343857000
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
278791000
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
275475000
CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
172380000
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
215703000
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
39563000
CY2016 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
27463000
CY2015 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
1559000
CY2017 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
315038000
CY2016 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
199843000
CY2015 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
217262000
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
21212000
CY2016 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
20946000
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
24476000
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
5646000
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
375000
CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
861000
CY2017 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
26858000
CY2016 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
21321000
CY2015 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
25337000
CY2017 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
123840000
CY2016 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
94909000
CY2015 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
91048000
CY2017 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
411000
CY2016 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-19411000
CY2015 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-12794000
CY2017 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
124251000
CY2016 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
75498000
CY2015 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
78254000
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.12
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.02
CY2016 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.02
CY2015 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.03
CY2017 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.02
CY2015 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.01
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.02
CY2016 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.02
CY2015 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.01
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
-0.02
CY2015 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
0.01
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.03
CY2016 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.02
CY2015 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.02
CY2017 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.05
CY2016 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.02
CY2015 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.02
CY2017 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.01
CY2016 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.01
CY2015 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.01
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.40
CY2016 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.34
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
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