2013 Q4 Form 10-K Financial Statement

#000162828015000846 Filed on February 19, 2015

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2013 Q2
Revenue $4.361B $4.398B $4.346B
YoY Change 1.75% 1.52% 1.85%
Cost Of Revenue $1.788B $1.813B $1.812B
YoY Change 0.39% 0.55% 0.33%
Gross Profit $2.567B $2.585B $2.534B
YoY Change 2.48% 2.21% 2.97%
Gross Profit Margin 58.86% 58.78% 58.31%
Selling, General & Admin $1.506B $1.549B $1.526B
YoY Change 1.28% 3.2% 4.23%
% of Gross Profit 58.67% 59.92% 60.22%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $110.0M $108.0M $111.0M
YoY Change 1.85% 1.89% 5.71%
% of Gross Profit 4.29% 4.18% 4.38%
Operating Expenses $1.508B $1.549B $1.526B
YoY Change -3.52% 3.2% 4.23%
Operating Profit $1.059B $1.016B $906.0M
YoY Change 12.42% -1.07% -7.74%
Interest Expense $1.000M $0.00 $5.000M
YoY Change -80.0% -100.0% -183.33%
% of Operating Profit 0.09% 0.0% 0.55%
Other Income/Expense, Net
YoY Change
Pretax Income $893.0M $1.016B $911.0M
YoY Change -5.7% -0.68% -6.66%
Income Tax $292.0M $317.0M $307.0M
% Of Pretax Income 32.7% 31.2% 33.7%
Net Earnings $564.0M $656.0M $561.0M
YoY Change -5.69% 0.31% -10.53%
Net Earnings / Revenue 12.93% 14.92% 12.91%
Basic Earnings Per Share $0.61 $0.71 $0.60
Diluted Earnings Per Share $0.60 $0.70 $0.60
COMMON SHARES
Basic Shares Outstanding 928.1M shares 933.1M shares
Diluted Shares Outstanding 936.9M shares 942.3M shares

Balance Sheet

Concept 2013 Q4 2013 Q3 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $962.0M $867.0M $1.058B
YoY Change 8.82% -12.42% -2.13%
Cash & Equivalents $962.0M $721.0M $884.0M
Short-Term Investments $146.0M $174.0M
Other Short-Term Assets $908.0M $701.0M $765.0M
YoY Change 42.1% 14.73% 11.35%
Inventory $1.425B $1.441B $1.440B
Prepaid Expenses
Receivables $1.636B $1.737B $1.778B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $4.931B $4.600B $4.867B
YoY Change 8.23% -3.38% 0.66%
LONG-TERM ASSETS
Property, Plant & Equipment $4.083B $3.858B $3.776B
YoY Change 6.27% 4.69% 4.17%
Goodwill $2.474B $2.471B $2.419B
YoY Change -1.04% -6.19% -7.35%
Intangibles $1.496B $1.487B $1.464B
YoY Change -0.2% 12.48% 11.25%
Long-Term Investments $27.00M $676.0M $587.0M
YoY Change 8.0%
Other Assets $924.0M $932.0M $872.0M
YoY Change 2.1% -0.85% 27.86%
Total Long-Term Assets $9.054B $8.839B $8.620B
YoY Change 2.44% 2.03% 3.63%
TOTAL ASSETS
Total Short-Term Assets $4.931B $4.600B $4.867B
Total Long-Term Assets $9.054B $8.839B $8.620B
Total Assets $13.99B $13.44B $13.49B
YoY Change 4.41% 0.11% 2.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.343B $1.234B $1.279B
YoY Change 4.11% 4.49% 4.32%
Accrued Expenses $2.081B $2.357B $2.282B
YoY Change 10.81% 22.25% 29.88%
Deferred Revenue
YoY Change
Short-Term Debt $13.00M $19.00M $21.00M
YoY Change -75.93% -64.15% -51.16%
Long-Term Debt Due $895.0M $588.0M $575.0M
YoY Change 258.0% 135.2% 128.17%
Total Short-Term Liabilities $4.579B $4.491B $4.444B
YoY Change 22.56% 21.38% 24.62%
LONG-TERM LIABILITIES
Long-Term Debt $4.749B $4.677B $5.032B
YoY Change -3.59% -5.38% -0.71%
Other Long-Term Liabilities $1.677B $1.952B $1.955B
YoY Change -18.16% 11.1% 12.55%
Total Long-Term Liabilities $6.426B $6.629B $6.987B
YoY Change -7.87% -1.06% 2.67%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.579B $4.491B $4.444B
Total Long-Term Liabilities $6.426B $6.629B $6.987B
Total Liabilities $11.45B $11.12B $11.43B
YoY Change 4.04% 6.92% 10.22%
SHAREHOLDERS EQUITY
Retained Earnings $17.95B $17.39B $17.05B
YoY Change 5.89% 4.44% 4.65%
Common Stock $1.466B $1.466B $1.466B
YoY Change 0.0% 100.0% 100.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $15.63B $15.24B $14.99B
YoY Change 8.67% 10.17% 10.9%
Treasury Stock Shares 545.8M shares
Shareholders Equity $2.305B $1.784B $1.531B
YoY Change
Total Liabilities & Shareholders Equity $13.99B $13.44B $13.49B
YoY Change 4.41% 0.11% 2.54%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2013 Q2
OPERATING ACTIVITIES
Net Income $564.0M $656.0M $561.0M
YoY Change -5.69% 0.31% -10.53%
Depreciation, Depletion And Amortization $110.0M $108.0M $111.0M
YoY Change 1.85% 1.89% 5.71%
Cash From Operating Activities $839.0M $1.040B $548.0M
YoY Change -21.07% 10.64% 3.2%
INVESTING ACTIVITIES
Capital Expenditures -$251.0M -$176.0M -$149.0M
YoY Change 1.21% 37.5% 15.5%
Acquisitions
YoY Change
Other Investing Activities -$11.00M -$54.00M -$17.00M
YoY Change -257.14% -69.14% -88.74%
Cash From Investing Activities -$262.0M -$230.0M -$166.0M
YoY Change 8.71% -24.09% -40.71%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -332.0M -964.0M -384.0M
YoY Change -60.62% 32.42% 44.91%
NET CHANGE
Cash From Operating Activities 839.0M 1.040B 548.0M
Cash From Investing Activities -262.0M -230.0M -166.0M
Cash From Financing Activities -332.0M -964.0M -384.0M
Net Change In Cash 245.0M -154.0M -2.000M
YoY Change -1266.67% 69.23% -85.71%
FREE CASH FLOW
Cash From Operating Activities $839.0M $1.040B $548.0M
Capital Expenditures -$251.0M -$176.0M -$149.0M
Free Cash Flow $1.090B $1.216B $697.0M
YoY Change -16.86% 13.86% 5.61%

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CY2014Q4 us-gaap Common Stock Shares Issued
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CY2012Q4 us-gaap Common Stock Shares Outstanding
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CY2013Q4 us-gaap Common Stock Shares Outstanding
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CY2014Q4 us-gaap Common Stock Shares Outstanding
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CY2013 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2014 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2012 us-gaap Cost Of Revenue
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CY2014 us-gaap Cost Of Revenue
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CY2013Q4 us-gaap Deferred Tax Assets Net Noncurrent
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CY2013Q4 us-gaap Deferred Tax Liabilities
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CY2013Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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CY2014Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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CY2014Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Five Fiscal Years Thereafter
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CY2014Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Five
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CY2013Q4 us-gaap Derivative Assets
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CY2013Q4 us-gaap Derivative Fair Value Of Derivative Liability
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CY2014Q4 us-gaap Derivative Fair Value Of Derivative Liability
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CY2013Q4 us-gaap Derivative Instruments Not Designated As Hedging Instruments Asset At Fair Value
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CY2014Q4 us-gaap Derivative Instruments Not Designated As Hedging Instruments Asset At Fair Value
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CY2013Q4 us-gaap Derivative Liabilities
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CY2014Q4 us-gaap Derivative Liabilities
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CY2013 us-gaap Earnings Per Share Basic
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CY2013Q4 us-gaap Earnings Per Share Diluted
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CY2014 us-gaap Earnings Per Share Diluted
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CY2012 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2012 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2013 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2014 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2013 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements Foreign
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0.000
CY2014 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements Foreign
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CY2013Q4 us-gaap Employee Related Liabilities Current
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CY2012 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
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CY2013 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
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CY2014 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
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CY2012 us-gaap Employee Stock Ownership Plan Esop Cash Contributions To Esop
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CY1989Q4 us-gaap Employee Stock Ownership Plan Esop Debt Structure Direct Loan Amount
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CY2012 us-gaap Employee Stock Ownership Plan Esop Dividends Paid To Esop
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40000000 USD
CY2013 us-gaap Employee Stock Ownership Plan Esop Dividends Paid To Esop
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CY2014 us-gaap Employee Stock Ownership Plan Esop Dividends Paid To Esop
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40000000 USD
CY2014Q4 us-gaap Employee Stock Ownership Plan Esop Number Of Allocated Shares
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CY2013Q4 us-gaap Equity Method Investments
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CY2014Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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CY2013Q4 us-gaap Goodwill
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3565000000 USD
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3533000000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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2719000000 USD
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2547000000 USD
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2439000000 USD
CY2012 us-gaap Income Tax Effects Allocated Directly To Equity
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80000000 USD
CY2013 us-gaap Income Tax Effects Allocated Directly To Equity
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CY2014 us-gaap Income Tax Effects Allocated Directly To Equity
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251000000 USD
CY2012 us-gaap Income Tax Expense Benefit
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CY2014 us-gaap Income Tax Expense Benefit
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7000000 USD
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14000000 USD
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40000000 USD
CY2012 us-gaap Income Tax Reconciliation Nondeductible Expense Depreciation
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13000000 USD
CY2013 us-gaap Income Tax Reconciliation Nondeductible Expense Depreciation
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14000000 USD
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CY2012 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2012 us-gaap Income Tax Reconciliation Other Reconciling Items
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CY2013 us-gaap Income Tax Reconciliation Other Reconciling Items
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33000000 USD
CY2014 us-gaap Income Tax Reconciliation Other Reconciling Items
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19000000 USD
CY2012 us-gaap Income Taxes Paid
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1280000000 USD
CY2013 us-gaap Income Taxes Paid
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CY2014 us-gaap Income Taxes Paid
IncomeTaxesPaid
1009000000 USD
CY2012 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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-5000000 USD
CY2013 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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24000000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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57000000 USD
CY2012 us-gaap Increase Decrease In Inventories
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21000000 USD
CY2013 us-gaap Increase Decrease In Inventories
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97000000 USD
CY2014 us-gaap Increase Decrease In Inventories
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60000000 USD
CY2012 us-gaap Increase Decrease In Other Operating Capital Net
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CY2013 us-gaap Increase Decrease In Other Operating Capital Net
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CY2014 us-gaap Increase Decrease In Other Operating Capital Net
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CY2012 us-gaap Increase Decrease In Receivables
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CY2013 us-gaap Increase Decrease In Receivables
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37000000 USD
CY2014 us-gaap Increase Decrease In Receivables
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109000000 USD
CY2012 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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8100000 shares
CY2013 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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9100000 shares
CY2014 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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9200000 shares
CY2013Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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CY2014Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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1752000000 USD
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1496000000 USD
CY2014Q4 us-gaap Intangible Assets Net Excluding Goodwill
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1413000000 USD
CY2012 us-gaap Interest Costs Capitalized Adjustment
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1000000 USD
CY2013 us-gaap Interest Costs Capitalized Adjustment
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3000000 USD
CY2014 us-gaap Interest Costs Capitalized Adjustment
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4000000 USD
CY2012 us-gaap Interest Expense Debt
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CY2013 us-gaap Interest Expense Debt
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CY2014 us-gaap Interest Expense Debt
InterestExpenseDebt
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CY2013 us-gaap Interest Paid
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118000000 USD
CY2014 us-gaap Interest Paid
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CY2014Q4 us-gaap Interest Payable Current
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28000000 USD
CY2013Q4 us-gaap Inventory Finished Goods Net Of Reserves
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1025000000 USD
CY2014Q4 us-gaap Inventory Finished Goods Net Of Reserves
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CY2014Q4 us-gaap Inventory Net
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CY2013Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
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340000000 USD
CY2014Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
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349000000 USD
CY2013Q4 us-gaap Inventory Work In Process Net Of Reserves
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60000000 USD
CY2014Q4 us-gaap Inventory Work In Process Net Of Reserves
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55000000 USD
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65000000 USD
CY2013 us-gaap Investment Income Interest
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125000000 USD
CY2014 us-gaap Investment Income Interest
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106000000 USD
CY2013Q4 us-gaap Investments Fair Value Disclosure
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858000000 USD
CY2014Q4 us-gaap Investments Fair Value Disclosure
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564000000 USD
CY2013Q4 us-gaap Lifo Inventory Amount
LIFOInventoryAmount
289000000 USD
CY2014Q4 us-gaap Lifo Inventory Amount
LIFOInventoryAmount
287000000 USD
CY2013Q4 us-gaap Land
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CY2014Q4 us-gaap Land
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CY2012 us-gaap Lease And Rental Expense
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228000000 USD
CY2013 us-gaap Lease And Rental Expense
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232000000 USD
CY2014 us-gaap Lease And Rental Expense
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234000000 USD
CY2013Q4 us-gaap Liabilities
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CY2014Q4 us-gaap Liabilities
Liabilities
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CY2013Q4 us-gaap Liabilities And Stockholders Equity
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CY2014Q4 us-gaap Liabilities And Stockholders Equity
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CY2014Q4 us-gaap Liabilities Current
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3946000000 USD
CY2014Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
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3001000000 USD
CY2013Q4 us-gaap Litigation Settlement Amount
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40000000 USD
CY2013Q4 us-gaap Long Term Debt
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CY2014Q4 us-gaap Long Term Debt
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CY2014Q4 us-gaap Long Term Debt Current
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488000000 USD
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
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3271000000 USD
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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488000000 USD
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
498000000 USD
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
697000000 USD
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
660000000 USD
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
263000000 USD
CY2013Q4 us-gaap Long Term Debt Noncurrent
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CY2014Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
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CY2014 us-gaap Long Term Purchase Commitment Amount
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CY2013Q2 us-gaap Loss Contingency Accrual Carrying Value Period Increase Decrease
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18000000 USD
CY2013Q4 us-gaap Loss Contingency Accrual Carrying Value Period Increase Decrease
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5000000 USD
CY2013 us-gaap Loss Contingency Accrual Carrying Value Period Increase Decrease
LossContingencyAccrualCarryingValuePeriodIncreaseDecrease
23000000 USD
CY2014Q3 us-gaap Loss Contingency Accrual Carrying Value Period Increase Decrease
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11000000 USD
CY2014Q4 us-gaap Loss Contingency Accrual Carrying Value Period Increase Decrease
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30000000 USD
CY2014 us-gaap Loss Contingency Accrual Carrying Value Period Increase Decrease
LossContingencyAccrualCarryingValuePeriodIncreaseDecrease
41000000 USD
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200000000 USD
CY2014Q4 us-gaap Loss Contingency Range Of Possible Loss Minimum
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0 USD
CY2013Q4 us-gaap Machinery And Equipment Gross
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CY2014Q4 us-gaap Machinery And Equipment Gross
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5220000000 USD
CY2013Q4 us-gaap Minority Interest
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CY2014Q4 us-gaap Minority Interest
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240000000 USD
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CY2013 us-gaap Net Cash Provided By Used In Financing Activities
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CY2014 us-gaap Net Cash Provided By Used In Financing Activities
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CY2012 us-gaap Net Cash Provided By Used In Investing Activities
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CY2013 us-gaap Net Cash Provided By Used In Investing Activities
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CY2014 us-gaap Net Cash Provided By Used In Investing Activities
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CY2014 us-gaap Net Cash Provided By Used In Operating Activities
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CY2012 us-gaap Net Income Loss
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CY2013Q1 us-gaap Net Income Loss
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CY2013Q2 us-gaap Net Income Loss
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CY2013Q3 us-gaap Net Income Loss
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CY2013Q4 us-gaap Net Income Loss
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CY2013 us-gaap Net Income Loss
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CY2014Q1 us-gaap Net Income Loss
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CY2014Q2 us-gaap Net Income Loss
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CY2014Q3 us-gaap Net Income Loss
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CY2014Q4 us-gaap Net Income Loss
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CY2014 us-gaap Net Income Loss
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2180000000 USD
CY2012 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2013 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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169000000 USD
CY2014 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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159000000 USD
CY2012 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2013 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2014 us-gaap Net Income Loss Available To Common Stockholders Basic
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2180000000 USD
CY2012 us-gaap Net Income Loss Available To Common Stockholders Diluted
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2472000000 USD
CY2013 us-gaap Net Income Loss Available To Common Stockholders Diluted
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2241000000 USD
CY2014 us-gaap Net Income Loss Available To Common Stockholders Diluted
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2180000000 USD
CY2012 us-gaap Operating Income Loss
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CY2013 us-gaap Operating Income Loss
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CY2014 us-gaap Operating Income Loss
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CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due Current
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CY2013Q4 us-gaap Other Assets Noncurrent
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CY2014Q4 us-gaap Other Assets Noncurrent
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CY2012 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
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28000000 USD
CY2013 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
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20000000 USD
CY2014 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
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CY2012 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
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18000000 USD
CY2013 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
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13000000 USD
CY2014 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
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216000000 USD
CY2013 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
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CY2014 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
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513000000 USD
CY2012 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
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145000000 USD
CY2013 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
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CY2014 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
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329000000 USD
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2000000 USD
CY2013 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Before Tax Portion Attributable To Parent
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3000000 USD
CY2014 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Before Tax Portion Attributable To Parent
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4000000 USD
CY2012 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
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1000000 USD
CY2013 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
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2000000 USD
CY2014 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
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2000000 USD
CY2012 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
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18000000 USD
CY2013 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
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CY2014 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
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CY2012 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
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2000000 USD
CY2013 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
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CY2012 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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CY2013 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
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CY2014 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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CY2012 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments And Tax
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28000000 USD
CY2013 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments And Tax
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CY2014 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments And Tax
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CY2012 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments Net Of Tax
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18000000 USD
CY2013 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments Net Of Tax
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CY2014 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments Net Of Tax
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CY2012 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
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CY2013 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
332000000 USD
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1000000 USD
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2000000 USD
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2000000 USD
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CY2013 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Before Tax
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91000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Before Tax
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0 USD
CY2012 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Net Of Tax
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0 USD
CY2013 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Net Of Tax
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59000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Net Of Tax
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0 USD
CY2012 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2013 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2014 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2013 us-gaap Other Comprehensive Income Loss Net Of Tax
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167000000 USD
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CY2012 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2013 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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170000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2012 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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145000000 USD
CY2013 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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329000000 USD
CY2012 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
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0 USD
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
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CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
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CY2012 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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0 USD
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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CY2012 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
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11000000 USD
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
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17000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
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5000000 USD
CY2012 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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7000000 USD
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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11000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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4000000 USD
CY2012 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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13000000 USD
CY2013 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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20000000 USD
CY2014 us-gaap Proceeds From Issuance Of Debt
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CY2012 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
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147000000 USD
CY2013 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
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267000000 USD
CY2014 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
283000000 USD
CY2014 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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9000000 USD
CY2012 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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8000000 USD
CY2013 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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13000000 USD
CY2014 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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6000000 USD
CY2013Q4 us-gaap Other Liabilities Noncurrent
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1677000000 USD
CY2014Q4 us-gaap Other Liabilities Noncurrent
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2223000000 USD
CY2012 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
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CY2013 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
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CY2014 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
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CY2012 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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CY2013 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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CY2014 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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CY2012 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1943000000 USD
CY2013 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1521000000 USD
CY2014 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1530000000 USD
CY2012 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
1277000000 USD
CY2013 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
1382000000 USD
CY2014 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
1446000000 USD
CY2012 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
29000000 USD
CY2013 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
3000000 USD
CY2014 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
87000000 USD
CY2012 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
545000000 USD
CY2013 us-gaap Payments To Acquire Marketable Securities
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0.015
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0.016
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46
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42832000 shares
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42902000 shares
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47
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
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CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
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P3Y
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
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P4Y
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain prior year amounts have been reclassified to conform to the current year presentation. </font><font style="font-family:inherit;font-size:10pt;">Additionally, Other current assets in the December 31, 2013 Consolidated Balance Sheet were adjusted to include certain non-income tax receivables which were previously included in Other accruals.</font></div></div>
CY2014 us-gaap Nature Of Operations
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Nature of Operations</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:11pt;"><font style="font-family:inherit;font-size:10pt;">The Company manufactures and markets a wide variety of products in the U.S. and around the world in </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">two</font><font style="font-family:inherit;font-size:10pt;"> product segments: Oral, Personal and Home Care; and Pet Nutrition. Oral, Personal and Home Care products include toothpaste, toothbrushes and mouthwash, bar and liquid hand soaps, shower gels, shampoos, conditioners, deodorants and antiperspirants, laundry and dishwashing detergents, fabric conditioners, household cleaners, bleaches and other similar items. These products are sold primarily to retail trade customers and wholesale distributors worldwide. Pet Nutrition products include specialty pet nutrition products manufactured and marketed by Hill&#8217;s Pet Nutrition. The principal customers for Pet Nutrition products are authorized pet supply retailers and veterinarians. Principal global and regional trademarks include Colgate, Palmolive, Speed Stick, Lady Speed Stick, Softsoap, Irish Spring, Protex, Sorriso, Kolynos, elmex, Tom&#8217;s of Maine, Sanex, Ajax, Axion, Fabuloso, Soupline and Suavitel, as well as Hill&#8217;s Science Diet, Hill&#8217;s Prescription Diet and Hill</font><font style="font-family:inherit;font-size:11pt;">&#8217;</font><font style="font-family:inherit;font-size:10pt;">s Ideal Balance.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s principal classes of products accounted for the following percentages of worldwide Net sales for the past three years:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:98.24561403508771%;border-collapse:collapse;text-align:left;"><tr><td colspan="10" rowspan="1"></td></tr><tr><td width="64%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="10%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="10%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="10%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2014</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2013</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2012</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Oral Care</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">46</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">46</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">44</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Personal Care</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">22</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Home Care</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Pet Nutrition</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>
CY2014 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires management to use judgment and make estimates that affect the reported amounts of assets and liabilities and disclosure of contingent gains and losses at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The level of uncertainty in estimates and assumptions increases with the length of time until the underlying transactions are completed. As such, the most significant uncertainty in the Company&#8217;s assumptions and estimates involved in preparing the financial statements includes pension and other retiree benefit cost assumptions, stock-based compensation, asset impairments, uncertain tax positions, tax valuation allowances and legal and other contingency reserves. Additionally, the Company uses available market information and other valuation methodologies in assessing the fair value of financial instruments and retirement plan assets. Judgment is required in interpreting market data to develop the estimates of fair value and, accordingly, changes in assumptions or the estimation methodologies may affect the fair value estimates. Actual results could ultimately differ from those estimates.</font></div></div>

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