2014 Q4 Form 8-K Financial Statement

#000132440415000015 Filed on December 16, 2015

View on sec.gov

Income Statement

Concept 2014 Q4 2013 Q4 2013 Q3
Revenue $1.217B $1.326B $1.097B
YoY Change -8.28% -10.47% -19.3%
Cost Of Revenue $772.2M $732.5M $710.9M
YoY Change 5.42% -11.23% 8.14%
Gross Profit $444.3M $593.8M $386.1M
YoY Change -25.18% -9.51% -45.0%
Gross Profit Margin 36.52% 44.77% 35.2%
Selling, General & Admin $32.50M $45.00M $32.20M
YoY Change -27.78% 11.94% -11.78%
% of Gross Profit 7.31% 7.58% 8.34%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $94.00M $96.80M $100.1M
YoY Change -2.89% -4.25% 0.4%
% of Gross Profit 21.16% 16.3% 25.93%
Operating Expenses -$9.000M $32.80M $32.20M
YoY Change -127.44% -31.09% -11.78%
Operating Profit $453.3M $561.0M $385.4M
YoY Change -19.2% -7.82% -42.23%
Interest Expense -$43.20M -$29.80M $41.00M
YoY Change 44.97% 44.66% 42.86%
% of Operating Profit -9.53% -5.31% 10.64%
Other Income/Expense, Net -$1.400M -$400.0K $300.0K
YoY Change 250.0% -300.0% 50.0%
Pretax Income $376.5M $525.2M $345.7M
YoY Change -28.31% -10.71% -46.0%
Income Tax $132.1M $187.2M $109.0M
% Of Pretax Income 35.09% 35.64% 31.53%
Net Earnings $238.3M $325.8M $243.9M
YoY Change -26.86% -30.78% -46.76%
Net Earnings / Revenue 19.59% 24.56% 22.23%
Basic Earnings Per Share $0.97 $5.73 $4.09
Diluted Earnings Per Share $0.96 $5.71 $4.07
COMMON SHARES
Basic Shares Outstanding 57.31M shares 57.30M shares
Diluted Shares Outstanding 57.50M shares

Balance Sheet

Concept 2014 Q4 2013 Q4 2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.997B $1.711B $2.286B
YoY Change 16.72% -24.79% 2.93%
Cash & Equivalents $1.997B $1.711B $2.286B
Short-Term Investments $9.000M $71.00M $49.00M
Other Short-Term Assets $18.60M $92.40M $37.90M
YoY Change -79.87% 231.18% 52.21%
Inventory $202.9M $274.3M $357.4M
Prepaid Expenses $17.40M $19.10M
Receivables $192.0M $225.0M $187.0M
Other Receivables $0.00 $6.000M $0.00
Total Short-Term Assets $2.531B $2.630B $3.060B
YoY Change -3.79% -6.32% 1.48%
LONG-TERM ASSETS
Property, Plant & Equipment $5.526B $4.102B $4.250B
YoY Change 34.72% 5.16% 14.19%
Goodwill $2.093B $2.096B $2.065B
YoY Change -0.14% 1.52% 0.0%
Intangibles
YoY Change
Long-Term Investments $862.0M $941.0M $932.0M
YoY Change -8.4% -2.18% -9.86%
Other Assets $243.6M $245.5M $292.2M
YoY Change -0.77% -4.81% 20.89%
Total Long-Term Assets $8.724B $8.048B $7.739B
YoY Change 8.4% 9.36% 7.98%
TOTAL ASSETS
Total Short-Term Assets $2.531B $2.630B $3.060B
Total Long-Term Assets $8.724B $8.048B $7.739B
Total Assets $11.25B $10.68B $10.80B
YoY Change 5.4% 5.03% 6.05%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $65.80M $169.0M $467.0M
YoY Change -61.07% 44.08% 18.83%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $979.7M $828.3M $912.9M
YoY Change 18.28% -12.83% -23.52%
LONG-TERM LIABILITIES
Long-Term Debt $4.593B $3.098B $3.098B
YoY Change 48.24% 93.63% 93.63%
Other Long-Term Liabilities $374.9M $325.6M $456.0M
YoY Change 15.14% -17.72% 17.86%
Total Long-Term Liabilities $4.967B $3.424B $3.554B
YoY Change 45.09% 71.55% 78.87%
TOTAL LIABILITIES
Total Short-Term Liabilities $979.7M $828.3M $912.9M
Total Long-Term Liabilities $4.967B $3.424B $3.554B
Total Liabilities $5.947B $4.252B $4.467B
YoY Change 39.87% 44.34% 40.45%
SHAREHOLDERS EQUITY
Retained Earnings $3.175B $3.726B $3.881B
YoY Change -14.77% 7.64% 28.68%
Common Stock $2.500M $600.0K $600.0K
YoY Change 316.67% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $222.2M $201.8M $361.7M
YoY Change 10.11% 8673.91% 15626.09%
Treasury Stock Shares 4.231M shares 885.5K shares 2.019M shares
Shareholders Equity $4.210B $5.076B $5.106B
YoY Change
Total Liabilities & Shareholders Equity $11.25B $10.68B $10.80B
YoY Change 5.4% 5.03% 6.05%

Cashflow Statement

Concept 2014 Q4 2013 Q4 2013 Q3
OPERATING ACTIVITIES
Net Income $238.3M $325.8M $243.9M
YoY Change -26.86% -30.78% -46.76%
Depreciation, Depletion And Amortization $94.00M $96.80M $100.1M
YoY Change -2.89% -4.25% 0.4%
Cash From Operating Activities $231.7M $37.50M $861.0M
YoY Change 517.87% -91.1% -4.92%
INVESTING ACTIVITIES
Capital Expenditures -$535.8M -$190.9M -$230.4M
YoY Change 180.67% -27.17% 122.39%
Acquisitions
YoY Change
Other Investing Activities $70.40M -$97.50M -$34.60M
YoY Change -172.21% 220.72% -278.35%
Cash From Investing Activities -$465.4M -$288.4M -$265.0M
YoY Change 61.37% -1.4% 214.73%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -420.6M -315.0M -235.5M
YoY Change 33.52% 310.69% -1430.51%
NET CHANGE
Cash From Operating Activities 231.7M 37.50M 861.0M
Cash From Investing Activities -465.4M -288.4M -265.0M
Cash From Financing Activities -420.6M -315.0M -235.5M
Net Change In Cash -654.3M -565.9M 360.5M
YoY Change 15.62% -1186.18% -57.04%
FREE CASH FLOW
Cash From Operating Activities $231.7M $37.50M $861.0M
Capital Expenditures -$535.8M -$190.9M -$230.4M
Free Cash Flow $767.5M $228.4M $1.091B
YoY Change 236.03% -66.58% 8.15%

Facts In Submission

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0.350
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.350
CY2012 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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0.006
CY2013 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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0.012
CY2014 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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0.008
CY2012 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
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0.017
CY2013 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
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0.021
CY2014 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
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0.013
CY2012 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.018
CY2013 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.021
CY2014 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.018
CY2012 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
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0.009
CY2013 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
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0.011
CY2014 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
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0.008
CY2012 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Depletion
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-0.003
CY2013 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Depletion
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-0.011
CY2014 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Depletion
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0.000
CY2012 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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0.000
CY2013 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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0.005
CY2014 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.002
CY2012 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.029
CY2013 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.014
CY2014 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.028
CY2012 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements Domestic
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0.000
CY2013 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements Domestic
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-0.022
CY2014 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements Domestic
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0.000
CY2013Q4 us-gaap Employee Related Liabilities Current
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71800000 USD
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47300000 USD
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4000000 USD
CY2013 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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4600000 USD
CY2014 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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6100000 USD
CY2012 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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36100000 USD
CY2013 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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13500000 USD
CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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8700000 USD
CY2012 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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36100000 USD
CY2013 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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13500000 USD
CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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8700000 USD
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14200000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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18200000 USD
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7800000 USD
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2800000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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2800000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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2800000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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2800000 USD
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CY2014Q4 us-gaap Finite Lived Intangible Assets Gross
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45800000 USD
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41800000 USD
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CY2014 us-gaap Foreign Currency Transaction Gain Loss Realized
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14900000 USD
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20800000 USD
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CY2012 us-gaap Gain Loss On Sale Of Business
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CY2013 us-gaap Gain Loss On Sale Of Business
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0 USD
CY2014 us-gaap Gain Loss On Sale Of Business
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750100000 USD
CY2012 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2013 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2014 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2013Q1 us-gaap Gross Profit
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CY2013Q2 us-gaap Gross Profit
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CY2013Q3 us-gaap Gross Profit
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CY2013Q4 us-gaap Gross Profit
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CY2013 us-gaap Gross Profit
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CY2014Q1 us-gaap Gross Profit
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CY2014Q2 us-gaap Gross Profit
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CY2014 us-gaap Gross Profit
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200500000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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54300000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
114100000 USD
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2829500000 USD
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2209700000 USD
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2187300000 USD
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58100000 USD
CY2013 us-gaap Income Loss From Equity Method Investments
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9600000 USD
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22500000 USD
CY2013Q1 us-gaap Income Tax Examination Increase Decrease In Liability From Prior Year
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75800000 USD
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24900000 USD
CY2014Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
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24600000 USD
CY2012 us-gaap Income Tax Examination Penalties And Interest Expense
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1300000 USD
CY2013 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
13600000 USD
CY2014 us-gaap Income Tax Examination Penalties And Interest Expense
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4000000 USD
CY2012 us-gaap Income Tax Expense Benefit
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CY2013 us-gaap Income Tax Expense Benefit
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686500000 USD
CY2014 us-gaap Income Tax Expense Benefit
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773000000 USD
CY2012 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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16500000 USD
CY2013 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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26800000 USD
CY2014 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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17700000 USD
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47000000 USD
CY2013 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
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47000000 USD
CY2014 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
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28400000 USD
CY2012 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2013 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2014 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2012 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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990300000 USD
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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773400000 USD
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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765600000 USD
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26200000 USD
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23900000 USD
CY2014 us-gaap Income Tax Reconciliation Minority Interest Income Expense
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16300000 USD
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CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense Depletion
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CY2013 us-gaap Income Tax Reconciliation Other Adjustments
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11000000 USD
CY2014 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
4400000 USD
CY2012 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
82900000 USD
CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
32000000 USD
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
61700000 USD
CY2012 us-gaap Income Tax Reconciliation Tax Settlements Domestic
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CY2013 us-gaap Income Tax Reconciliation Tax Settlements Domestic
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CY2014 us-gaap Income Tax Reconciliation Tax Settlements Domestic
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CY2013 us-gaap Income Taxes Paid Net
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847400000 USD
CY2014 us-gaap Income Taxes Paid Net
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781200000 USD
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25500000 USD
CY2013 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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49500000 USD
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58700000 USD
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CY2014 us-gaap Increase Decrease In Accrued Income Taxes Payable
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123300000 USD
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204800000 USD
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80300000 USD
CY2014 us-gaap Increase Decrease In Inventories
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CY2013 us-gaap Increase Decrease In Margin Deposits Outstanding
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0 USD
CY2014 us-gaap Increase Decrease In Margin Deposits Outstanding
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0 USD
CY2012 us-gaap Increase In Restricted Cash
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0 USD
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505000000 USD
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26700000 USD
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74200000 USD
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4300000 USD
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4700000 USD
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926000000 USD
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861500000 USD
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10678100000 USD
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26800000 USD
CY2014Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
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0 USD
CY2013Q4 us-gaap Long Term Debt
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CY2014Q4 us-gaap Long Term Debt
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3098100000 USD
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600000 USD
CY2014Q4 us-gaap Margin Deposit Assets
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600000 USD
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83100000 USD
CY2013 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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68500000 USD
CY2014 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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46000000 USD
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16800000 USD
CY2013 us-gaap Minority Interest Period Increase Decrease
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285800000 USD
CY2012 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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CY2013 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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CY2014 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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CY2012 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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CY2013 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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CY2014 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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CY2012 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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2375600000 USD
CY2013 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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1466800000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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1408600000 USD
CY2012 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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74700000 USD
CY2013 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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68200000 USD
CY2014 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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46500000 USD
CY2012 us-gaap Net Income Loss Available To Common Stockholders Basic
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1848700000 USD
CY2013Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
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406500000 USD
CY2013Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
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498200000 USD
CY2013Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
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234100000 USD
CY2013Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
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325800000 USD
CY2013 us-gaap Net Income Loss Available To Common Stockholders Basic
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1464600000 USD
CY2014Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
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708500000 USD
CY2014Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
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312600000 USD
CY2014Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
130900000 USD
CY2014Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
238300000 USD
CY2014 us-gaap Net Income Loss Available To Common Stockholders Basic
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1390300000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 Segment
CY2014Q3 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 Segment
CY2014 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
5 Segment
CY2012 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
200900000 USD
CY2013 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
150200000 USD
CY2014 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
205200000 USD
CY2012 us-gaap Operating Income Loss
OperatingIncomeLoss
2959400000 USD
CY2013 us-gaap Operating Income Loss
OperatingIncomeLoss
2411700000 USD
CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
2366500000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
481900000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due Current
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96600000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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49100000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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61600000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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78300000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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94900000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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101400000 USD
CY2012 us-gaap Operating Leases Rent Expense Net
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89700000 USD
CY2013 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
98900000 USD
CY2014 us-gaap Operating Leases Rent Expense Net
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92900000 USD
CY2013Q4 us-gaap Other Assets Current
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92400000 USD
CY2014Q4 us-gaap Other Assets Current
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18600000 USD
CY2013Q4 us-gaap Other Assets Noncurrent
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245500000 USD
CY2014Q4 us-gaap Other Assets Noncurrent
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243600000 USD
CY2012 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
2600000 USD
CY2013 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
1000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
200000 USD
CY2012 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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46700000 USD
CY2013 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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-30200000 USD
CY2014 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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-72400000 USD
CY2012 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
50400000 USD
CY2013 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
6300000 USD
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax
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-117200000 USD
CY2012 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
3500000 USD
CY2013 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-33600000 USD
CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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43200000 USD
CY2012 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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4600000 USD
CY2013 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
1900000 USD
CY2014 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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-1800000 USD
CY2012 us-gaap Other Cost And Expense Operating
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49100000 USD
CY2013 us-gaap Other Cost And Expense Operating
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-15800000 USD
CY2014 us-gaap Other Cost And Expense Operating
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53300000 USD
CY2013Q4 us-gaap Other Liabilities Current
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43500000 USD
CY2014Q4 us-gaap Other Liabilities Current
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48400000 USD
CY2013Q4 us-gaap Other Liabilities Noncurrent
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325600000 USD
CY2014Q4 us-gaap Other Liabilities Noncurrent
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374900000 USD
CY2012 us-gaap Other Nonoperating Income Expense
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1100000 USD
CY2013 us-gaap Other Nonoperating Income Expense
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-54500000 USD
CY2014 us-gaap Other Nonoperating Income Expense
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-1900000 USD
CY2012 us-gaap Other Operating Activities Cash Flow Statement
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-13100000 USD
CY2013 us-gaap Other Operating Activities Cash Flow Statement
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67500000 USD
CY2014 us-gaap Other Operating Activities Cash Flow Statement
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-3100000 USD
CY2013Q4 us-gaap Other Sundry Liabilities Noncurrent
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12900000 USD
CY2014Q4 us-gaap Other Sundry Liabilities Noncurrent
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16700000 USD
CY2012 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0 USD
CY2013 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-7800000 USD
CY2014 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-9000000 USD
CY2012 us-gaap Payments For Repurchase Of Common Stock
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500000000 USD
CY2013 us-gaap Payments For Repurchase Of Common Stock
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1409100000 USD
CY2012 us-gaap Payments Of Dividends Common Stock
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102700000 USD
CY2013 us-gaap Payments Of Dividends Common Stock
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129100000 USD
CY2014 us-gaap Payments For Repurchase Of Common Stock
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1934900000 USD
CY2014 us-gaap Payments Of Dividends Common Stock
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255700000 USD
CY2012 us-gaap Payments Of Dividends Minority Interest
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231800000 USD
CY2013Q4 us-gaap Price Risk Derivative Assets At Fair Value
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72700000 USD
CY2014Q4 us-gaap Price Risk Derivative Assets At Fair Value
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600000 USD
CY2013 us-gaap Payments Of Dividends Minority Interest
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73700000 USD
CY2014 us-gaap Payments Of Dividends Minority Interest
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46000000 USD
CY2012 us-gaap Payments Of Financing Costs
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0 USD
CY2013 us-gaap Payments Of Financing Costs
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14500000 USD
CY2014 us-gaap Payments Of Financing Costs
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16000000 USD
CY2012 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
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0 USD
CY2013 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
918700000 USD
CY2014 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
0 USD
CY2012 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
523500000 USD
CY2013 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
823800000 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
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1808500000 USD
CY2013Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2014Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2013Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2014Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2014Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2014Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2013Q4 us-gaap Prepaid Expense Current
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19100000 USD
CY2014Q4 us-gaap Prepaid Expense Current
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17400000 USD
CY2013Q4 us-gaap Prepaid Taxes
PrepaidTaxes
33400000 USD
CY2014Q4 us-gaap Prepaid Taxes
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34800000 USD
CY2013Q4 us-gaap Price Risk Derivative Liabilities At Fair Value
PriceRiskDerivativeLiabilitiesAtFairValue
200000 USD
CY2014Q4 us-gaap Price Risk Derivative Liabilities At Fair Value
PriceRiskDerivativeLiabilitiesAtFairValue
48400000 USD
CY2012 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
0 USD
CY2013 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
0 USD
CY2014 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
1372000000 USD
CY2012 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2013 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1498000000 USD
CY2014 us-gaap Proceeds From Issuance Of Long Term Debt
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1494200000 USD
CY2012 us-gaap Proceeds From Payments For Other Financing Activities
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0 USD
CY2013 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
43000000 USD
CY2014 us-gaap Proceeds From Payments For Other Financing Activities
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-43000000 USD
CY2012 us-gaap Proceeds From Related Party Debt
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40500000 USD
CY2013 us-gaap Proceeds From Related Party Debt
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0 USD
CY2014 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
0 USD
CY2014 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
0 USD
CY2012 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
17000000 USD
CY2013 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
12600000 USD
CY2014 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
11000000 USD
CY2012 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
14600000 USD
CY2013 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
10300000 USD
CY2014 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
17600000 USD
CY2012 us-gaap Profit Loss
ProfitLoss
1923400000 USD
CY2013 us-gaap Profit Loss
ProfitLoss
1532800000 USD
CY2014 us-gaap Profit Loss
ProfitLoss
1436800000 USD
CY2013Q4 us-gaap Property Plant And Equipment Gross
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6343200000 USD
CY2013Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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154000000 USD
CY2014Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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86100000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
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3725600000 USD
CY2014Q4 us-gaap Property Plant And Equipment Gross
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8036800000 USD
CY2012Q4 us-gaap Property Plant And Equipment Net
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3900500000 USD
CY2013Q4 us-gaap Property Plant And Equipment Net
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4101700000 USD
CY2014Q4 us-gaap Property Plant And Equipment Net
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5525800000 USD
CY2013Q4 us-gaap Receivables Net Current
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230900000 USD
CY2014Q4 us-gaap Receivables Net Current
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191500000 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
3175300000 USD
CY2012 us-gaap Sales Revenue Net
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6104000000 USD
CY2013Q1 us-gaap Sales Revenue Net
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1336500000 USD
CY2013Q2 us-gaap Sales Revenue Net
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1714900000 USD
CY2012 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
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-10900000 USD
CY2013 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
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-11600000 USD
CY2014 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
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-29900000 USD
CY2012 us-gaap Repayments Of Long Term Debt
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13000000 USD
CY2013 us-gaap Repayments Of Long Term Debt
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0 USD
CY2014 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 USD
CY2012 us-gaap Repayments Of Related Party Debt
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40500000 USD
CY2013 us-gaap Repayments Of Related Party Debt
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0 USD
CY2014 us-gaap Repayments Of Related Party Debt
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0 USD
CY2013Q3 us-gaap Sales Revenue Net
SalesRevenueNet
1097000000 USD
CY2013Q4 us-gaap Sales Revenue Net
SalesRevenueNet
1326300000 USD
CY2013 us-gaap Sales Revenue Net
SalesRevenueNet
5474700000 USD
CY2014Q1 us-gaap Sales Revenue Net
SalesRevenueNet
1132600000 USD
CY2014Q2 us-gaap Sales Revenue Net
SalesRevenueNet
1472700000 USD
CY2014Q3 us-gaap Sales Revenue Net
SalesRevenueNet
921400000 USD
CY2014Q4 us-gaap Sales Revenue Net
SalesRevenueNet
1216500000 USD
CY2014 us-gaap Sales Revenue Net
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4743200000 USD
CY2012 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
151800000 USD
CY2013 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
166000000 USD
CY2014 us-gaap Selling General And Administrative Expense
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151900000 USD
CY2012 us-gaap Share Based Compensation
ShareBasedCompensation
11900000 USD
CY2013 us-gaap Share Based Compensation
ShareBasedCompensation
12600000 USD
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
16600000 USD
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Maximum Number Of Shares Per Employee
ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumNumberOfSharesPerEmployee
1000000.0 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
2800000 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
2800000.0 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
59100000 USD
CY2014Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
339177 shares
CY2014Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
637033 shares
CY2014Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
46100000 USD
CY2014Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
136.61
CY2014 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
P5Y7M6D
CY2014Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
179.62
CY2014 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P7Y
CY2012 us-gaap Stock Issued During Period Shares Restricted Stock Award Forfeited
StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited
2170 shares
CY2013 us-gaap Stock Issued During Period Shares Restricted Stock Award Forfeited
StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited
1570 shares
CY2014 us-gaap Stock Issued During Period Shares Restricted Stock Award Forfeited
StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited
13136 shares
CY2012 us-gaap Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
25662 shares
CY2013 us-gaap Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
30074 shares
CY2014 us-gaap Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
4175 shares
CY2012 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
569490 shares
CY2013 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
226303 shares
CY2014 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
188512 shares
CY2012 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
11100000 USD
CY2013 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
12600000 USD
CY2014 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
16700000 USD
CY2012 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
14600000 USD
CY2013 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
10300000 USD
CY2014 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
17600000 USD
CY2011Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
1500000000 USD
CY2012Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
3000000000 USD
CY2014Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
1000000000.0 USD
CY2014Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
1000000000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
5076100000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
4209700000 USD
CY2011Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4932900000 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6282200000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5438400000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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4572500000 USD
CY2013Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
885518 shares
CY2014Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
846218 shares
CY2011 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
6500000 shares
CY2012Q2 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
3100000 shares
CY2013 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
7300000 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
6300000 shares
CY2014Q4 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1400000 shares
CY2012Q2 us-gaap Treasury Stock Shares Retired
TreasuryStockSharesRetired
9600000 shares
CY2013 us-gaap Treasury Stock Shares Retired
TreasuryStockSharesRetired
6400000 shares
CY2014 us-gaap Treasury Stock Shares Retired
TreasuryStockSharesRetired
7700000 shares
CY2013Q4 us-gaap Treasury Stock Value
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201800000 USD
CY2014Q4 us-gaap Treasury Stock Value
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222200000 USD
CY2011 us-gaap Treasury Stock Value Acquired Cost Method
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1000000000 USD
CY2012Q2 us-gaap Treasury Stock Value Acquired Cost Method
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500000000 USD
CY2012 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
500000000 USD
CY2013 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1449300000 USD
us-gaap Treasury Stock Value Acquired Cost Method
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1600000000 USD
CY2014Q4 us-gaap Treasury Stock Value Acquired Cost Method
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372800000 USD
CY2014 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1923700000 USD
CY2014Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
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900000000 USD
CY2012 us-gaap Unrealized Gain Loss On Derivatives
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74600000 USD
CY2013Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
8800000 USD
CY2013Q2 us-gaap Unrealized Gain Loss On Derivatives
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CY2013Q3 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
15700000 USD
CY2013Q4 us-gaap Unrealized Gain Loss On Derivatives
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55800000 USD
CY2013 us-gaap Unrealized Gain Loss On Derivatives
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65900000 USD
CY2014Q1 us-gaap Unrealized Gain Loss On Derivatives
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-27500000 USD
CY2014Q2 us-gaap Unrealized Gain Loss On Derivatives
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CY2014Q3 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-15500000 USD
CY2014Q4 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-43200000 USD
CY2014 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-123100000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
154400000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits
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103700000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
135800000 USD
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
86700000 USD
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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84000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
9600000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
22300000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
25000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
18300000 USD
CY2013 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
-50700000 USD
CY2014 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
32100000 USD
CY2013 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1300000 USD
CY2014 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
8500000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
115700000 USD
CY2012 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
800000 shares
CY2013 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
300000 shares
CY2014 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
100000 shares
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
64700000 shares
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
59200000 shares
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51300000 shares
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
63900000 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
58900000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51200000 shares
CY2014 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with U.S. GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses for the periods presented. Significant estimates and assumptions are used for, but are not limited to, net realizable value of inventories, environmental remediation liabilities, environmental and litigation contingencies, the cost of customer incentives, useful lives of property and identifiable intangible assets, the assumptions used in the evaluation of potential impairments of property, investments, identifiable intangible assets and goodwill, income tax and valuation reserves, allowances for doubtful accounts receivable, the measurement of the fair values of investments for which markets are not active, assumptions used in the determination of the funded status and annual expense of pension and postretirement employee benefit plans, the assumptions used to determine the relative fair values of our new reportable segments and the assumptions used in the valuation of stock-based compensation awards granted to employees.</font></div></div>

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