2016 Q4 Form 10-Q Financial Statement
#000121960116000074 Filed on October 28, 2016
Income Statement
Concept | 2016 Q4 | 2016 Q3 | 2015 Q3 |
---|---|---|---|
Revenue | $1.923B | $2.326B | $2.460B |
YoY Change | -5.13% | -5.45% | -5.17% |
Cost Of Revenue | $1.573B | $1.838B | $1.984B |
YoY Change | -7.03% | -7.36% | -6.37% |
Gross Profit | $350.0M | $488.0M | $415.0M |
YoY Change | 4.48% | 17.59% | -1.66% |
Gross Profit Margin | 18.2% | 20.98% | 16.87% |
Selling, General & Admin | $91.00M | $90.00M | $94.00M |
YoY Change | -8.08% | -4.26% | -1.05% |
% of Gross Profit | 26.0% | 18.44% | 22.65% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $59.00M | $63.00M | $61.00M |
YoY Change | -6.35% | 3.28% | 15.09% |
% of Gross Profit | 16.86% | 12.91% | 14.7% |
Operating Expenses | $150.0M | $90.00M | $94.00M |
YoY Change | 51.52% | -4.26% | -1.05% |
Operating Profit | $200.0M | $315.0M | $281.0M |
YoY Change | -15.25% | 12.1% | -14.07% |
Interest Expense | -$64.00M | $59.00M | $68.00M |
YoY Change | -9.86% | -13.24% | 6.25% |
% of Operating Profit | -32.0% | 18.73% | 24.2% |
Other Income/Expense, Net | $24.00M | ||
YoY Change | |||
Pretax Income | $128.0M | $254.0M | $208.0M |
YoY Change | -1.54% | 22.12% | -7.56% |
Income Tax | $35.00M | $48.00M | $48.00M |
% Of Pretax Income | 27.34% | 18.9% | 23.08% |
Net Earnings | $65.00M | $183.0M | $141.0M |
YoY Change | -1.52% | 29.79% | -42.21% |
Net Earnings / Revenue | 3.38% | 7.87% | 5.73% |
Basic Earnings Per Share | $1.32 | $1.02 | |
Diluted Earnings Per Share | $456.1K | $1.31 | $1.01 |
COMMON SHARES | |||
Basic Shares Outstanding | 139.8M shares | 138.7M shares | 138.1M shares |
Diluted Shares Outstanding | 139.5M shares | 139.1M shares |
Balance Sheet
Concept | 2016 Q4 | 2016 Q3 | 2015 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $559.0M | $526.0M | $466.0M |
YoY Change | -22.04% | 12.88% | 22.63% |
Cash & Equivalents | $559.0M | $526.0M | $466.0M |
Short-Term Investments | |||
Other Short-Term Assets | $172.0M | $217.0M | $311.0M |
YoY Change | -16.91% | -30.23% | -15.95% |
Inventory | $1.245B | $1.300B | $1.302B |
Prepaid Expenses | |||
Receivables | $693.0M | $859.0M | $980.0M |
Other Receivables | $172.0M | $188.0M | $203.0M |
Total Short-Term Assets | $2.841B | $3.090B | $3.262B |
YoY Change | -6.82% | -5.27% | -9.59% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $2.820B | $2.746B | $2.614B |
YoY Change | 4.48% | 5.05% | 6.82% |
Goodwill | $2.791B | ||
YoY Change | -7.06% | ||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $675.0M | $677.0M | $689.0M |
YoY Change | -6.51% | -1.74% | -0.86% |
Total Long-Term Assets | $6.758B | $6.873B | $6.967B |
YoY Change | -3.47% | -1.35% | 12.21% |
TOTAL ASSETS | |||
Total Short-Term Assets | $2.841B | $3.090B | $3.262B |
Total Long-Term Assets | $6.758B | $6.873B | $6.967B |
Total Assets | $9.599B | $9.963B | $10.23B |
YoY Change | -4.49% | -2.6% | 4.2% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $2.674B | $2.593B | $2.482B |
YoY Change | 2.93% | 4.47% | 0.36% |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | $1.000M | ||
YoY Change | |||
Short-Term Debt | $33.00M | $49.00M | $61.00M |
YoY Change | -38.89% | -19.67% | -61.15% |
Long-Term Debt Due | $161.0M | $121.0M | $142.0M |
YoY Change | -22.97% | -14.79% | 57.78% |
Total Short-Term Liabilities | $2.896B | $2.797B | $2.730B |
YoY Change | -0.41% | 2.45% | -1.3% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $4.717B | $5.097B | $5.608B |
YoY Change | -10.24% | -9.11% | 7.85% |
Other Long-Term Liabilities | $698.0M | $652.0M | $672.0M |
YoY Change | -5.03% | -2.98% | 25.37% |
Total Long-Term Liabilities | $5.415B | $5.749B | $6.280B |
YoY Change | -9.6% | -8.46% | 9.48% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $2.896B | $2.797B | $2.730B |
Total Long-Term Liabilities | $5.415B | $5.749B | $6.280B |
Total Liabilities | $8.311B | $8.546B | $9.010B |
YoY Change | -6.6% | -5.15% | 5.98% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $2.621B | ||
YoY Change | 23.34% | ||
Common Stock | $929.0M | ||
YoY Change | 0.0% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $230.0M | ||
YoY Change | -0.86% | ||
Treasury Stock Shares | 45.90M shares | ||
Shareholders Equity | $366.0M | $469.0M | $140.0M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $9.599B | $9.963B | $10.23B |
YoY Change | -4.49% | -2.6% | 4.2% |
Cashflow Statement
Concept | 2016 Q4 | 2016 Q3 | 2015 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $65.00M | $183.0M | $141.0M |
YoY Change | -1.52% | 29.79% | -42.21% |
Depreciation, Depletion And Amortization | $59.00M | $63.00M | $61.00M |
YoY Change | -6.35% | 3.28% | 15.09% |
Cash From Operating Activities | -$510.0M | $313.0M | $330.0M |
YoY Change | -179.56% | -5.15% | 161.9% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$229.0M | -$101.0M | -$65.00M |
YoY Change | 28.65% | 55.38% | 3.17% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $1.090B | -$2.000M | -$7.000M |
YoY Change | 27150.0% | -71.43% | -240.0% |
Cash From Investing Activities | $861.0M | -$103.0M | -$72.00M |
YoY Change | -594.83% | 43.06% | 24.14% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -310.0M | -47.00M | -68.00M |
YoY Change | 51.22% | -30.88% | -187.18% |
NET CHANGE | |||
Cash From Operating Activities | -510.0M | 313.0M | 330.0M |
Cash From Investing Activities | 861.0M | -103.0M | -72.00M |
Cash From Financing Activities | -310.0M | -47.00M | -68.00M |
Net Change In Cash | 41.00M | 163.0M | 190.0M |
YoY Change | -84.35% | -14.21% | 30.14% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$510.0M | $313.0M | $330.0M |
Capital Expenditures | -$229.0M | -$101.0M | -$65.00M |
Free Cash Flow | -$281.0M | $414.0M | $395.0M |
YoY Change | -134.31% | 4.81% | 108.99% |
Facts In Submission
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us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-11000000 | USD | |
CY2015Q3 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.35 | |
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.35 | ||
CY2016Q3 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.35 | |
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.35 | ||
CY2016Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
36000000 | USD |
us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P2Y0M | ||
CY2015Q3 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-9000000 | USD |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-14000000 | USD | |
CY2016Q3 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
5000000 | USD |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
22000000 | USD | |
us-gaap |
Gain Loss From Components Excluded From Assessment Of Fair Value Hedge Effectiveness Net
GainLossFromComponentsExcludedFromAssessmentOfFairValueHedgeEffectivenessNet
|
1000000 | USD | |
us-gaap |
Gain Loss On Discontinuation Of Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Net
GainLossOnDiscontinuationOfCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringNet
|
0 | USD | |
us-gaap |
Gain Loss On Discontinuation Of Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Net
GainLossOnDiscontinuationOfCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringNet
|
0 | USD | |
CY2015Q3 | us-gaap |
Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
|
-14000000 | USD |
us-gaap |
Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
|
-15000000 | USD | |
CY2016Q3 | us-gaap |
Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
|
-4000000 | USD |
us-gaap |
Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
|
3000000 | USD | |
CY2015Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | USD |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-9000000 | USD | |
CY2016Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-10000000 | USD |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-37000000 | USD | |
CY2015Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
208000000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
509000000 | USD | |
CY2016Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
254000000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
641000000 | USD | |
CY2015Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
48000000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
134000000 | USD | |
CY2016Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
48000000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
151000000 | USD | |
CY2015Q3 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
2000000 | USD |
us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
7000000 | USD | |
CY2016Q3 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-27000000 | USD |
us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-25000000 | USD | |
CY2015Q3 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
-27000000 | USD |
us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
-66000000 | USD | |
CY2016Q3 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
-30000000 | USD |
us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
-71000000 | USD | |
CY2015Q3 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
73000000 | USD |
us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
178000000 | USD | |
CY2016Q3 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
89000000 | USD |
us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
225000000 | USD | |
CY2015Q3 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
0 | USD |
us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
7000000 | USD | |
CY2016Q3 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
8000000 | USD |
us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
13000000 | USD | |
CY2015Q3 | us-gaap |
Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
|
0 | USD |
us-gaap |
Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
|
8000000 | USD | |
CY2016Q3 | us-gaap |
Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
|
8000000 | USD |
us-gaap |
Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
|
9000000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-94000000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-42000000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
10000000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
95000000 | USD | |
us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-11000000 | USD | |
us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
8000000 | USD | |
us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
201000000 | USD | |
us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
131000000 | USD | |
CY2015Q4 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
3580000000 | USD |
CY2016Q3 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
3450000000 | USD |
CY2015Q3 | us-gaap |
Interest Expense
InterestExpense
|
68000000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
202000000 | USD | |
CY2016Q3 | us-gaap |
Interest Expense
InterestExpense
|
59000000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
181000000 | USD | |
CY2015Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
485000000 | USD |
CY2016Q3 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
535000000 | USD |
CY2015Q4 | us-gaap |
Inventory Net
InventoryNet
|
1213000000 | USD |
CY2016Q3 | us-gaap |
Inventory Net
InventoryNet
|
1300000000 | USD |
CY2015Q4 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
599000000 | USD |
CY2016Q3 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
636000000 | USD |
CY2015Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
129000000 | USD |
CY2016Q3 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
129000000 | USD |
CY2015Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
4000000 | USD |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
8000000 | USD | |
CY2016Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
3000000 | USD |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
8000000 | USD | |
CY2015Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
10020000000 | USD |
CY2016Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
9963000000 | USD |
CY2015Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
2908000000 | USD |
CY2016Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
2797000000 | USD |
us-gaap |
Liability For Asbestos And Environmental Claims Net Payment For Claims
LiabilityForAsbestosAndEnvironmentalClaimsNetPaymentForClaims
|
12000000 | USD | |
CY2015Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
5464000000 | USD |
CY2016Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
5218000000 | USD |
CY2015Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
209000000 | USD |
CY2016Q3 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
121000000 | USD |
CY2015Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
5255000000 | USD |
CY2016Q3 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
5097000000 | USD |
us-gaap |
Loss Contingency Claims Settled And Dismissed Number
LossContingencyClaimsSettledAndDismissedNumber
|
1000 | Claim | |
us-gaap |
Loss Contingency New Claims Filed Number
LossContingencyNewClaimsFiledNumber
|
2000 | Claim | |
CY2015Q4 | us-gaap |
Loss Contingency Pending Claims Number
LossContingencyPendingClaimsNumber
|
54500 | Claim |
CY2016Q3 | us-gaap |
Loss Contingency Pending Claims Number
LossContingencyPendingClaimsNumber
|
55500 | Claim |
CY2015Q4 | us-gaap |
Minority Interest
MinorityInterest
|
291000000 | USD |
CY2016Q3 | us-gaap |
Minority Interest
MinorityInterest
|
310000000 | USD |
us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
21000000 | USD | |
us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
43000000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
611000000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-328000000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1374000000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-228000000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
315000000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
376000000 | USD | |
CY2015Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
141000000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
327000000 | USD | |
CY2016Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
183000000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
431000000 | USD | |
CY2015Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
19000000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
48000000 | USD | |
CY2016Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
23000000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
59000000 | USD | |
us-gaap |
Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
|
3000000 | USD | |
us-gaap |
Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
|
1000000 | USD | |
us-gaap |
Objectives For Using Derivative Instruments
ObjectivesForUsingDerivativeInstruments
|
The Company’s objective in managing exposure to market risk is to limit the impact on earnings and cash flow. | ||
CY2015Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
281000000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
726000000 | USD | |
CY2016Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
315000000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
829000000 | USD | |
CY2015Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
692000000 | USD |
CY2016Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
677000000 | USD |
CY2015Q3 | us-gaap |
Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToNoncontrollingInterest
|
-1000000 | USD |
us-gaap |
Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToNoncontrollingInterest
|
-2000000 | USD | |
CY2016Q3 | us-gaap |
Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToNoncontrollingInterest
|
-1000000 | USD |
us-gaap |
Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToNoncontrollingInterest
|
2000000 | USD | |
CY2015Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
|
-2000000 | USD |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
|
-3000000 | USD | |
CY2016Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
|
0 | USD |
us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
-369000000 | USD | |
us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
-164000000 | USD | |
CY2015Q3 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
-7000000 | USD |
us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
-17000000 | USD | |
CY2016Q3 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
2000000 | USD |
us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
26000000 | USD | |
CY2015Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-153000000 | USD |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-360000000 | USD | |
CY2016Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-45000000 | USD |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-170000000 | USD | |
CY2015Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-135000000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-329000000 | USD | |
CY2016Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-41000000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-119000000 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-324000000 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-121000000 | USD | |
CY2015Q3 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-25000000 | USD |
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-48000000 | USD | |
CY2016Q3 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-2000000 | USD |
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-25000000 | USD | |
CY2015Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
655000000 | USD |
CY2016Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
652000000 | USD |
CY2015Q4 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
168000000 | USD |
CY2016Q3 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
188000000 | USD |
CY2015Q3 | us-gaap |
Other Restructuring Costs
OtherRestructuringCosts
|
6000000 | USD |
us-gaap |
Other Restructuring Costs
OtherRestructuringCosts
|
6000000 | USD | |
CY2016Q3 | us-gaap |
Other Restructuring Costs
OtherRestructuringCosts
|
9000000 | USD |
us-gaap |
Other Restructuring Costs
OtherRestructuringCosts
|
12000000 | USD | |
us-gaap |
Payments For Hedge Investing Activities
PaymentsForHedgeInvestingActivities
|
11000000 | USD | |
us-gaap |
Payments For Hedge Investing Activities
PaymentsForHedgeInvestingActivities
|
0 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
13000000 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-16000000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
9000000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
8000000 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
18000000 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
16000000 | USD | |
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
21000000 | USD | |
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
43000000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
1207000000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
0 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
176000000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
244000000 | USD | |
CY2015Q4 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
767000000 | USD |
CY2016Q3 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
638000000 | USD |
us-gaap |
Pension Contributions
PensionContributions
|
54000000 | USD | |
us-gaap |
Pension Contributions
PensionContributions
|
81000000 | USD | |
us-gaap |
Pension Expense
PensionExpense
|
35000000 | USD | |
us-gaap |
Pension Expense
PensionExpense
|
21000000 | USD | |
CY2015Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
207000000 | USD |
CY2016Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
217000000 | USD |
us-gaap |
Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
|
33000000 | USD | |
us-gaap |
Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
|
0 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
5000000 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
8000000 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
1435000000 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
1379000000 | USD | |
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
3000000 | USD | |
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
1000000 | USD | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-38000000 | USD | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
53000000 | USD | |
us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
34000000 | USD | |
us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
108000000 | USD | |
CY2015Q3 | us-gaap |
Profit Loss
ProfitLoss
|
160000000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
375000000 | USD | |
CY2016Q3 | us-gaap |
Profit Loss
ProfitLoss
|
206000000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
490000000 | USD | |
CY2015Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2699000000 | USD |
CY2016Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2746000000 | USD |
CY2015Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
912000000 | USD |
CY2016Q3 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
1047000000 | USD |
us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-45000000 | USD | |
us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-43000000 | USD | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
780000000 | USD | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
1810000000 | USD | |
CY2015Q3 | us-gaap |
Restructuring Charges
RestructuringCharges
|
20000000 | USD |
us-gaap |
Restructuring Charges
RestructuringCharges
|
21000000 | USD | |
CY2016Q3 | us-gaap |
Restructuring Charges
RestructuringCharges
|
7000000 | USD |
us-gaap |
Restructuring Charges
RestructuringCharges
|
10000000 | USD | |
CY2015Q3 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
2460000000 | USD |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
6735000000 | USD | |
CY2016Q3 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
2326000000 | USD |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
6361000000 | USD | |
CY2015Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
94000000 | USD |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
291000000 | USD | |
CY2016Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
90000000 | USD |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
275000000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
22000000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
15000000 | USD | |
CY2015Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
1778275 | shares |
CY2016Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
1331842 | shares |
CY2015Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
54000000 | USD |
CY2016Q3 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
49000000 | USD |
us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
0 | USD | |
us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
0 | USD | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
5000000 | USD | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
8000000 | USD | |
us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
9000000 | USD | |
us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
8000000 | USD | |
CY2015Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
144000000 | USD |
CY2016Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
469000000 | USD |
CY2014Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
387000000 | USD |
CY2015Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
433000000 | USD |
CY2015Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
435000000 | USD |
CY2016Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
779000000 | USD |
CY2015Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1000000 | shares |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1100000 | shares | |
CY2016Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
800000 | shares |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1000000 | shares | |
CY2015Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
139100000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
139000000 | shares | |
CY2016Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
139500000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
139400000 | shares | |
CY2015Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
138100000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
137900000 | shares | |
CY2016Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
138700000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
138400000 | shares |