2017 Q1 Form 10-Q Financial Statement
#000121960117000016 Filed on April 28, 2017
Income Statement
Concept | 2017 Q1 | 2016 Q1 |
---|---|---|
Revenue | $1.901B | $1.893B |
YoY Change | 0.42% | -5.21% |
Cost Of Revenue | $1.531B | $1.521B |
YoY Change | 0.66% | -8.37% |
Gross Profit | $311.0M | $372.0M |
YoY Change | -16.4% | 30.07% |
Gross Profit Margin | 16.36% | 19.65% |
Selling, General & Admin | $90.00M | $91.00M |
YoY Change | -1.1% | -7.14% |
% of Gross Profit | 28.94% | 24.46% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $59.00M | $60.00M |
YoY Change | -1.67% | 17.65% |
% of Gross Profit | 18.97% | 16.13% |
Operating Expenses | $90.00M | $91.00M |
YoY Change | -1.1% | -7.14% |
Operating Profit | $225.0M | $219.0M |
YoY Change | 2.74% | 30.36% |
Interest Expense | $62.00M | $64.00M |
YoY Change | -3.13% | -1.54% |
% of Operating Profit | 27.56% | 29.22% |
Other Income/Expense, Net | $12.00M | |
YoY Change | ||
Pretax Income | $179.0M | $137.0M |
YoY Change | 30.66% | 38.38% |
Income Tax | $46.00M | $38.00M |
% Of Pretax Income | 25.7% | 27.74% |
Net Earnings | $107.0M | $79.00M |
YoY Change | 35.44% | 79.55% |
Net Earnings / Revenue | 5.63% | 4.17% |
Basic Earnings Per Share | $0.77 | $0.57 |
Diluted Earnings Per Share | $0.77 | $0.57 |
COMMON SHARES | ||
Basic Shares Outstanding | 138.5M shares | 138.1M shares |
Diluted Shares Outstanding | 139.0M shares | 139.0M shares |
Balance Sheet
Concept | 2017 Q1 | 2016 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $338.0M | $257.0M |
YoY Change | 31.52% | -8.21% |
Cash & Equivalents | $338.0M | $257.0M |
Short-Term Investments | ||
Other Short-Term Assets | $234.0M | $254.0M |
YoY Change | -7.87% | -18.59% |
Inventory | $1.417B | $1.413B |
Prepaid Expenses | ||
Receivables | $707.0M | $781.0M |
Other Receivables | $192.0M | $199.0M |
Total Short-Term Assets | $2.888B | $2.904B |
YoY Change | -0.55% | -5.62% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $2.898B | $2.727B |
YoY Change | 6.27% | 4.12% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $727.0M | $682.0M |
YoY Change | 6.6% | -2.85% |
Total Long-Term Assets | $6.982B | $7.036B |
YoY Change | -0.77% | -0.44% |
TOTAL ASSETS | ||
Total Short-Term Assets | $2.888B | $2.904B |
Total Long-Term Assets | $6.982B | $7.036B |
Total Assets | $9.870B | $9.940B |
YoY Change | -0.7% | -2.01% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $2.364B | $2.349B |
YoY Change | 0.64% | 2.49% |
Accrued Expenses | ||
YoY Change | ||
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $37.00M | $67.00M |
YoY Change | -44.78% | -6.94% |
Long-Term Debt Due | $57.00M | $239.0M |
YoY Change | -76.15% | 38.95% |
Total Short-Term Liabilities | $2.496B | $2.718B |
YoY Change | -8.17% | 4.02% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $5.206B | $5.293B |
YoY Change | -1.64% | -7.88% |
Other Long-Term Liabilities | $713.0M | $656.0M |
YoY Change | 8.69% | -0.3% |
Total Long-Term Liabilities | $5.919B | $5.949B |
YoY Change | -0.5% | -7.1% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $2.496B | $2.718B |
Total Long-Term Liabilities | $5.919B | $5.949B |
Total Liabilities | $8.415B | $8.667B |
YoY Change | -2.91% | -3.88% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | ||
YoY Change | ||
Common Stock | ||
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $543.0M | $249.0M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $9.870B | $9.940B |
YoY Change | -0.7% | -2.01% |
Cashflow Statement
Concept | 2017 Q1 | 2016 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $107.0M | $79.00M |
YoY Change | 35.44% | 79.55% |
Depreciation, Depletion And Amortization | $59.00M | $60.00M |
YoY Change | -1.67% | 17.65% |
Cash From Operating Activities | -$577.0M | -$408.0M |
YoY Change | 41.42% | 42.16% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $107.0M | $51.00M |
YoY Change | 109.8% | -1.92% |
Acquisitions | $0.00 | |
YoY Change | -100.0% | |
Other Investing Activities | $0.00 | $1.000M |
YoY Change | -100.0% | -88.89% |
Cash From Investing Activities | $153.0M | -$48.00M |
YoY Change | -418.75% | -96.15% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $126.0M | $3.000M |
YoY Change | 4100.0% | 200.0% |
Debt Paid & Issued, Net | $12.00M | $709.0M |
YoY Change | -98.31% | 1629.27% |
Cash From Financing Activities | $199.0M | -$4.000M |
YoY Change | -5075.0% | -100.45% |
NET CHANGE | ||
Cash From Operating Activities | -$577.0M | -$408.0M |
Cash From Investing Activities | $153.0M | -$48.00M |
Cash From Financing Activities | $199.0M | -$4.000M |
Net Change In Cash | -$221.0M | -$460.0M |
YoY Change | -51.96% | -28.9% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$577.0M | -$408.0M |
Capital Expenditures | $107.0M | $51.00M |
Free Cash Flow | -$684.0M | -$459.0M |
YoY Change | 49.02% | 35.4% |
Facts In Submission
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Accrued Asbestos Claim And Related Legal Costs
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Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months Net Of Tax
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Holding Period For Insulation Operations
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Assets
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Cash And Cash Equivalents At Carrying Value
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Cash And Cash Equivalents Period Increase Decrease
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Cash And Cash Equivalents Period Increase Decrease
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Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
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Commitments And Contingencies
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Debt Instrument Carrying Amount
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Percentage Of Asbestos Related Claims Alleging Serious Diseases
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Percentage Of Asbestos Related Claims Alleging Serious Diseases
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Percentage Of Asbestos Related Claims Alleging Serious Diseases
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Amendment Flag
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Current Fiscal Year End Date
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Derivative Fair Value Of Derivative Asset
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Derivative Fair Value Of Derivative Liability
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Derivative Liabilities
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Earnings Per Share Basic
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|
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Earnings Per Share Basic
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Earnings Per Share Diluted
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Effect Of Exchange Rate On Cash And Cash Equivalents
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Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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Income Tax Expense Benefit
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Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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Income Tax Reconciliation Other Adjustments
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Income Tax Reconciliation Tax Contingencies
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Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2016Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
180000000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
151000000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
19000000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-7000000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
93000000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
36000000 | USD |
CY2016Q4 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
3263000000 | USD |
CY2017Q1 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
3357000000 | USD |
CY2016Q1 | us-gaap |
Interest Expense
InterestExpense
|
64000000 | USD |
CY2017Q1 | us-gaap |
Interest Expense
InterestExpense
|
62000000 | USD |
CY2016Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
471000000 | USD |
CY2017Q1 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
603000000 | USD |
CY2016Q4 | us-gaap |
Inventory Net
InventoryNet
|
1245000000 | USD |
CY2017Q1 | us-gaap |
Inventory Net
InventoryNet
|
1417000000 | USD |
CY2016Q4 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
658000000 | USD |
CY2017Q1 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
682000000 | USD |
CY2016Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
116000000 | USD |
CY2017Q1 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
132000000 | USD |
CY2016Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
3000000 | USD |
CY2017Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
3000000 | USD |
CY2016Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
9599000000 | USD |
CY2017Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
9870000000 | USD |
CY2016Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
2896000000 | USD |
CY2017Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
2496000000 | USD |
CY2017Q1 | us-gaap |
Liability For Asbestos And Environmental Claims Net Payment For Claims
LiabilityForAsbestosAndEnvironmentalClaimsNetPaymentForClaims
|
3000000 | USD |
CY2016Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
4878000000 | USD |
CY2017Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
5263000000 | USD |
CY2016Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
161000000 | USD |
CY2017Q1 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
57000000 | USD |
CY2016Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
4717000000 | USD |
CY2017Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
5206000000 | USD |
CY2017Q1 | us-gaap |
Loss Contingency Claims Settled And Dismissed Number
LossContingencyClaimsSettledAndDismissedNumber
|
250 | Claim |
CY2017Q1 | us-gaap |
Loss Contingency New Claims Filed Number
LossContingencyNewClaimsFiledNumber
|
750 | Claim |
CY2016Q4 | us-gaap |
Loss Contingency Pending Claims Number
LossContingencyPendingClaimsNumber
|
55500 | Claim |
CY2017Q1 | us-gaap |
Loss Contingency Pending Claims Number
LossContingencyPendingClaimsNumber
|
56000 | Claim |
CY2016Q4 | us-gaap |
Minority Interest
MinorityInterest
|
302000000 | USD |
CY2017Q1 | us-gaap |
Minority Interest
MinorityInterest
|
316000000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
199000000 | USD |
CY2016Q1 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
8000000 | USD |
CY2017Q1 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
13000000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-4000000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-48000000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-104000000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-408000000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-320000000 | USD |
CY2016Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
79000000 | USD |
CY2017Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
107000000 | USD |
CY2016Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
20000000 | USD |
CY2017Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
26000000 | USD |
CY2016Q4 | us-gaap |
New Accounting Pronouncement Or Change In Accounting Principle Cumulative Effect Of Change On Equity Or Net Assets1
NewAccountingPronouncementOrChangeInAccountingPrincipleCumulativeEffectOfChangeOnEquityOrNetAssets1
|
60000000 | USD |
CY2017Q1 | 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. | |
CY2016Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
219000000 | USD |
CY2017Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
237000000 | USD |
CY2016Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
675000000 | USD |
CY2017Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
727000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToNoncontrollingInterest
|
1000000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToNoncontrollingInterest
|
1000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
7000000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
131000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
2000000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
21000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
9000000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
110000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
24000000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
140000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
23000000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
139000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-13000000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-9000000 | USD |
CY2016Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
698000000 | USD |
CY2017Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
713000000 | USD |
CY2016Q4 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
172000000 | USD |
CY2017Q1 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
192000000 | USD |
CY2016Q1 | us-gaap |
Other Restructuring Costs
OtherRestructuringCosts
|
4000000 | USD |
CY2017Q1 | us-gaap |
Other Restructuring Costs
OtherRestructuringCosts
|
0 | USD |
CY2016Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
1000000 | USD |
CY2017Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
0 | USD |
CY2016Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
4000000 | USD |
CY2017Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
133000000 | USD |
CY2016Q1 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
2000000 | USD |
CY2017Q1 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | USD |
CY2016Q1 | us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
8000000 | USD |
CY2017Q1 | us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
13000000 | USD |
CY2016Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
51000000 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
107000000 | USD |
CY2016Q4 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
620000000 | USD |
CY2017Q1 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
596000000 | USD |
CY2016Q1 | us-gaap |
Pension Contributions
PensionContributions
|
25000000 | USD |
CY2017Q1 | us-gaap |
Pension Contributions
PensionContributions
|
13000000 | USD |
CY2016Q1 | us-gaap |
Pension Expense
PensionExpense
|
7000000 | USD |
CY2017Q1 | us-gaap |
Pension Expense
PensionExpense
|
5000000 | USD |
CY2016Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
172000000 | USD |
CY2017Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
234000000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1000000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
7000000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
303000000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
4000000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
32000000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-5000000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
383000000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
351000000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
4000000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
3000000 | USD |
CY2016Q1 | us-gaap |
Profit Loss
ProfitLoss
|
99000000 | USD |
CY2017Q1 | us-gaap |
Profit Loss
ProfitLoss
|
133000000 | USD |
CY2016Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2820000000 | USD |
CY2017Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2898000000 | USD |
CY2016Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
865000000 | USD |
CY2017Q1 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
899000000 | USD |
CY2016Q1 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-16000000 | USD |
CY2017Q1 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-8000000 | USD |
CY2016Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
709000000 | USD |
CY2017Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
12000000 | USD |
CY2016Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
0 | USD |
CY2017Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
2000000 | USD |
CY2016Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1893000000 | USD |
CY2017Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1901000000 | USD |
CY2016Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
91000000 | USD |
CY2017Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
90000000 | USD |
CY2016Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
6000000 | USD |
CY2017Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4000000 | USD |
CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
1321292 | shares |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
1282334 | shares |
CY2016Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
33000000 | USD |
CY2017Q1 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
37000000 | USD |
CY2017Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
0 | USD |
CY2016Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
1000000 | USD |
CY2017Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
7000000 | USD |
CY2016Q1 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
4000000 | USD |
CY2017Q1 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
140000000 | USD |
CY2016Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
366000000 | USD |
CY2017Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
543000000 | USD |
CY2015Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
385000000 | USD |
CY2016Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
503000000 | USD |
CY2016Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
668000000 | USD |
CY2017Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
859000000 | USD |
CY2016Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
900000 | shares |
CY2017Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
500000 | shares |
CY2016Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
139000000 | shares |
CY2017Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
139000000 | shares |
CY2016Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
138100000 | shares |
CY2017Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
138500000 | shares |