2015 Q4 Form 10-K Financial Statement

#000113031017000006 Filed on February 28, 2017

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2015 Q2
Revenue $1.791B $1.630B $1.532B
YoY Change -24.49% -9.8% -18.68%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $246.0M $268.0M $239.0M
YoY Change 7.42% -8.53% -6.64%
% of Gross Profit
Operating Expenses $1.532B $1.335B $1.347B
YoY Change -25.34% -14.97% -20.67%
Operating Profit $226.0M $265.0M $186.0M
YoY Change 2.26% 13.73% 0.0%
Interest Expense -$1.075B -$813.0M -$84.00M
YoY Change 803.36% 2291.18% 281.82%
% of Operating Profit -475.66% -306.79% -45.16%
Other Income/Expense, Net -$2.000M -$900.0M -$72.00M
YoY Change -125.0% 4400.0% 323.53%
Pretax Income -$818.0M -$635.0M $114.0M
YoY Change -491.39% -398.12% -32.54%
Income Tax -$309.0M -$244.0M $37.00M
% Of Pretax Income 32.46%
Net Earnings -$509.0M -$391.0M $77.00M
YoY Change -389.2% -373.43% -28.04%
Net Earnings / Revenue -28.42% -23.99% 5.03%
Basic Earnings Per Share -$1.18 -$0.91 $0.18
Diluted Earnings Per Share -$1.18 -$0.91 $0.18
COMMON SHARES
Basic Shares Outstanding 430.3M shares 430.3M shares 430.2M shares
Diluted Shares Outstanding 430.3M shares 431.7M shares

Balance Sheet

Concept 2015 Q4 2015 Q3 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.069B $1.053B $1.205B
YoY Change -12.95% -1.59% 18.72%
Cash & Equivalents $264.0M $227.0M $245.0M
Short-Term Investments $805.0M $826.0M $960.0M
Other Short-Term Assets $508.0M $369.0M $352.0M
YoY Change -19.87% -4.16% -8.57%
Inventory $347.0M $342.0M $274.0M
Prepaid Expenses
Receivables $593.0M $568.0M $640.0M
Other Receivables $172.0M $68.00M $38.00M
Total Short-Term Assets $2.689B $2.400B $2.509B
YoY Change -17.72% -6.83% -0.79%
LONG-TERM ASSETS
Property, Plant & Equipment $11.54B $11.19B $10.91B
YoY Change 9.86% 9.6% 9.34%
Goodwill $840.0M $840.0M $840.0M
YoY Change 0.0% 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $2.594B $3.604B $4.471B
YoY Change -42.62% -20.35% -1.02%
Other Assets $102.0M $148.0M $151.0M
YoY Change -30.61% -1.33% -6.21%
Total Long-Term Assets $18.60B $19.38B $20.09B
YoY Change -6.44% -0.48% 113.48%
TOTAL ASSETS
Total Short-Term Assets $2.689B $2.400B $2.509B
Total Long-Term Assets $18.60B $19.38B $20.09B
Total Assets $21.29B $21.78B $22.60B
YoY Change -8.03% -1.22% 3.11%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $483.0M $367.0M $367.0M
YoY Change -32.54% -16.78% -29.29%
Accrued Expenses $117.0M $118.0M $161.0M
YoY Change -5.65% 7.27% 19.26%
Deferred Revenue
YoY Change
Short-Term Debt $40.00M $49.00M $24.00M
YoY Change -24.53% -38.75% -42.86%
Long-Term Debt Due $864.0M $938.0M $927.0M
YoY Change 8.68% 29.92% 30.56%
Total Short-Term Liabilities $2.458B $3.191B $3.125B
YoY Change -11.96% 6.08% 3.27%
LONG-TERM LIABILITIES
Long-Term Debt $7.866B $7.662B $7.614B
YoY Change -1.79% -1.73% -1.82%
Other Long-Term Liabilities $273.0M $259.0M $250.0M
YoY Change 8.76% 25.12% 21.36%
Total Long-Term Liabilities $8.139B $7.921B $7.864B
YoY Change -1.46% -1.04% 17.13%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.458B $3.191B $3.125B
Total Long-Term Liabilities $8.139B $7.921B $7.864B
Total Liabilities $10.60B $11.11B $10.99B
YoY Change -4.12% 0.91% 12.82%
SHAREHOLDERS EQUITY
Retained Earnings -$657.0M -$41.00M $456.0M
YoY Change -242.52% -110.59% 31.79%
Common Stock $4.000M $4.000M $4.000M
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares 166.0 shares 166.0 shares 166.0 shares
Shareholders Equity $3.461B $4.058B $4.550B
YoY Change
Total Liabilities & Shareholders Equity $21.29B $21.78B $22.60B
YoY Change -8.23% -1.22% 3.11%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2015 Q2
OPERATING ACTIVITIES
Net Income -$509.0M -$391.0M $77.00M
YoY Change -389.2% -373.43% -28.04%
Depreciation, Depletion And Amortization $246.0M $268.0M $239.0M
YoY Change 7.42% -8.53% -6.64%
Cash From Operating Activities $352.0M $396.0M $456.0M
YoY Change 28.94% -3.88% 37.35%
INVESTING ACTIVITIES
Capital Expenditures -$453.0M -$419.0M -$371.0M
YoY Change 21.12% 12.33% 14.51%
Acquisitions
YoY Change
Other Investing Activities $90.00M $66.00M $37.00M
YoY Change 462.5% 1000.0% -294.74%
Cash From Investing Activities -$363.0M -$353.0M -$334.0M
YoY Change 1.4% -3.81% -2.62%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 48.00M -61.00M -111.0M
YoY Change -68.63% 190.48% -31.48%
NET CHANGE
Cash From Operating Activities 352.0M 396.0M 456.0M
Cash From Investing Activities -363.0M -353.0M -334.0M
Cash From Financing Activities 48.00M -61.00M -111.0M
Net Change In Cash 37.00M -18.00M 11.00M
YoY Change -45.59% -175.0% -106.36%
FREE CASH FLOW
Cash From Operating Activities $352.0M $396.0M $456.0M
Capital Expenditures -$453.0M -$419.0M -$371.0M
Free Cash Flow $805.0M $815.0M $827.0M
YoY Change 24.42% 3.82% 26.07%

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DeferredIncomeTaxExpenseBenefit
213000000 USD
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CY2016Q4 us-gaap Deferred Income Tax Liabilities
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DeferredStateAndLocalIncomeTaxExpenseBenefit
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CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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565000000 USD
CY2016Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
488000000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
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334000000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
316000000 USD
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DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAssetRetirementObligations
73000000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Asset Retirement Obligations
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAssetRetirementObligations
77000000 USD
CY2015Q4 us-gaap Deferred Tax Assets Valuation Allowance
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2000000 USD
CY2016Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
5000000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities
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5047000000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities
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5263000000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Derivatives
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91000000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Derivatives
DeferredTaxLiabilitiesDerivatives
4000000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Investment In Noncontrolled Affiliates
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CY2016Q4 us-gaap Deferred Tax Liabilities Investment In Noncontrolled Affiliates
DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates
1383000000 USD
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654000000 USD
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DeferredTaxLiabilitiesInvestments
772000000 USD
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5047000000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Noncurrent
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5263000000 USD
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2423000000 USD
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2603000000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Regulatory Assets And Liabilities
DeferredTaxLiabilitiesRegulatoryAssetsAndLiabilities
1060000000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Regulatory Assets And Liabilities
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883000000 USD
CY2016 us-gaap Defined Benefit Plan Assets Transferred To From Plan
DefinedBenefitPlanAssetsTransferredToFromPlan
20000000 USD
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15000000 USD
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1000000 USD
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16000000 USD
CY2016 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Service And Interest Cost Components
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnServiceAndInterestCostComponents
1000000 USD
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39000000 USD
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DefinedContributionPlanCostRecognized
35000000 USD
CY2016 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
38000000 USD
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0.06
CY2016 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
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1
CY2016 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
0.5
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521000000 USD
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557000000 USD
CY2016 us-gaap Depreciation
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DepreciationDepletionAndAmortization
1013000000 USD
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DepreciationDepletionAndAmortization
970000000 USD
CY2016 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1126000000 USD
CY2015Q4 us-gaap Derivative Asset Fair Value Gross Liability
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15000000 USD
CY2016Q4 us-gaap Derivative Asset Fair Value Gross Liability
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35000000 USD
CY2015Q4 us-gaap Derivative Assets Current
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89000000 USD
CY2016Q4 us-gaap Derivative Assets Current
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51000000 USD
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36000000 USD
CY2016Q4 us-gaap Derivative Assets Noncurrent
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19000000 USD
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140000000 USD
CY2016Q4 us-gaap Derivative Fair Value Of Derivative Asset
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105000000 USD
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529000000 USD
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-40000000 USD
CY2015 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
103000000 USD
CY2016 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
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CY2015Q4 us-gaap Derivative Liabilities Current
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11000000 USD
CY2016Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
41000000 USD
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5000000 USD
CY2016Q4 us-gaap Derivative Liabilities Noncurrent
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5000000 USD
CY2015Q4 us-gaap Derivative Liability Fair Value Gross Asset
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71000000 USD
CY2016Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
21000000 USD
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3000000 USD
CY2016Q4 us-gaap Derivative Net Liability Position Aggregate Fair Value
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1000000 USD
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1.42
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0.30
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0.18
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-0.91
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-1.18
CY2015 us-gaap Earnings Per Share Basic
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-1.61
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0.36
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-0.01
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0.42
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0.23
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1.00
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1.42
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EarningsPerShareDiluted
0.30
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EarningsPerShareDiluted
0.18
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-0.91
CY2015Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.18
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.61
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.36
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-0.01
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EarningsPerShareDiluted
0.41
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EarningsPerShareDiluted
0.23
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.00
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0.31
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
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0.39
CY2016 us-gaap Effective Income Tax Rate Continuing Operations
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0.37
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
CY2014 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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0 USD
CY2015 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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0 USD
CY2016 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
0 USD
CY2014 us-gaap Employee Service Share Based Compensation Cash Received From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationCashReceivedFromExerciseOfStockOptions
1000000 USD
CY2014 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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7000000 USD
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6000000 USD
CY2016 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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7000000 USD
CY2014 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
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13000000 USD
CY2015 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
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6000000 USD
CY2016 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
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5000000 USD
CY2015Q4 us-gaap Energy Related Inventory Natural Gas In Storage
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168000000 USD
CY2016Q4 us-gaap Energy Related Inventory Natural Gas In Storage
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131000000 USD
CY2014 us-gaap Equity Method Investment Dividends Or Distributions
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305000000 USD
CY2015 us-gaap Equity Method Investment Dividends Or Distributions
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294000000 USD
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319000000 USD
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2594000000 USD
CY2016Q4 us-gaap Equity Method Investments
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2505000000 USD
CY2016Q4 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0 USD
CY2016Q4 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
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0 USD
CY2014 us-gaap Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
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16000000 USD
CY2015 us-gaap Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
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6000000 USD
CY2016 us-gaap Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
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CY2016Q4 us-gaap Fair Value Liabilities Level1 To Level2 Transfers Amount
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0 USD
CY2016Q4 us-gaap Fair Value Liabilities Level2 To Level1 Transfers Amount
FairValueLiabilitiesLevel2ToLevel1TransfersAmount
0 USD
CY2014 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
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0 USD
CY2015 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
0 USD
CY2016 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
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12000000 USD
CY2014 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
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14000000 USD
CY2015 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
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7000000 USD
CY2016 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
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12000000 USD
CY2014 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
-1000000 USD
CY2015 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
12000000 USD
CY2016 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
27000000 USD
CY2014 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Into Level3
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersIntoLevel3
-1000000 USD
CY2015 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Into Level3
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersIntoLevel3
1000000 USD
CY2016 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Into Level3
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersIntoLevel3
-712000000 USD
CY2014 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Out Of Level3
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersOutOfLevel3
0 USD
CY2015 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Out Of Level3
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1000000 USD
CY2016 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Out Of Level3
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1000000 USD
CY2013Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
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3000000 USD
CY2014Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
17000000 USD
CY2015Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
12000000 USD
CY2016Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
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CY2015Q4 us-gaap Goodwill
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840000000 USD
CY2016Q4 us-gaap Goodwill
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862000000 USD
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22000000 USD
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885000000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-1130000000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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686000000 USD
CY2014 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
308000000 USD
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IncomeLossFromEquityMethodInvestments
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IncomeLossFromEquityMethodInvestments
208000000 USD
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2000000 USD
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CY2016 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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208000000 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
274000000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
254000000 USD
CY2014 us-gaap Income Tax Reconciliation Deductions
IncomeTaxReconciliationDeductions
29000000 USD
CY2015 us-gaap Income Tax Reconciliation Deductions
IncomeTaxReconciliationDeductions
0 USD
CY2016 us-gaap Income Tax Reconciliation Deductions
IncomeTaxReconciliationDeductions
0 USD
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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310000000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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240000000 USD
CY2014 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
0 USD
CY2015 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
0 USD
CY2016 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
3000000 USD
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-23000000 USD
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-15000000 USD
CY2016 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-16000000 USD
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
16000000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
27000000 USD
CY2014 us-gaap Income Taxes Paid Net
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192000000 USD
CY2015 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
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CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
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CY2015Q4 us-gaap Income Taxes Receivable
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172000000 USD
CY2016Q4 us-gaap Income Taxes Receivable
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30000000 USD
CY2014 us-gaap Increase Decrease In Accounts And Other Receivables
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-39000000 USD
CY2015 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-345000000 USD
CY2016 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
117000000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable
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-3000000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable
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-224000000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable
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133000000 USD
CY2014 us-gaap Increase Decrease In Accrued Income Taxes Payable
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5000000 USD
CY2014 us-gaap Increase Decrease In Deferred Income Taxes
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32000000 USD
CY2014 us-gaap Increase Decrease In Derivative Assets And Liabilities
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34000000 USD
CY2015 us-gaap Increase Decrease In Derivative Assets And Liabilities
IncreaseDecreaseInDerivativeAssetsAndLiabilities
7000000 USD
CY2016 us-gaap Increase Decrease In Derivative Assets And Liabilities
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-30000000 USD
CY2014 us-gaap Increase Decrease In Income Taxes
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8000000 USD
CY2014 us-gaap Increase Decrease In Income Taxes Receivable
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190000000 USD
CY2015 us-gaap Increase Decrease In Income Taxes Receivable
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CY2016 us-gaap Increase Decrease In Income Taxes Receivable
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CY2014 us-gaap Increase Decrease In Inventories
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102000000 USD
CY2015 us-gaap Increase Decrease In Inventories
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-28000000 USD
CY2016 us-gaap Increase Decrease In Inventories
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CY2014 us-gaap Increase Decrease In Margin Deposits Outstanding
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79000000 USD
CY2015 us-gaap Increase Decrease In Margin Deposits Outstanding
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4000000 USD
CY2016 us-gaap Increase Decrease In Margin Deposits Outstanding
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CY2014 us-gaap Increase Decrease In Other Current Assets
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-1000000 USD
CY2015 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-10000000 USD
CY2016 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
17000000 USD
CY2014 us-gaap Increase Decrease In Other Current Liabilities
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-20000000 USD
CY2015 us-gaap Increase Decrease In Other Current Liabilities
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-50000000 USD
CY2016 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
22000000 USD
CY2014 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-9000000 USD
CY2015 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
5000000 USD
CY2016 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
16000000 USD
CY2014 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
41000000 USD
CY2015 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
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Revenues
1791000000 USD
CY2015 us-gaap Revenues
Revenues
7386000000 USD
CY2016Q1 us-gaap Revenues
Revenues
1984000000 USD
CY2016Q2 us-gaap Revenues
Revenues
1574000000 USD
CY2016Q3 us-gaap Revenues
Revenues
1889000000 USD
CY2016Q4 us-gaap Revenues
Revenues
2081000000 USD
CY2016 us-gaap Revenues
Revenues
7528000000 USD
CY2015Q4 us-gaap Securitized Regulatory Transition Assets Noncurrent
SecuritizedRegulatoryTransitionAssetsNoncurrent
2373000000 USD
CY2016Q4 us-gaap Securitized Regulatory Transition Assets Noncurrent
SecuritizedRegulatoryTransitionAssetsNoncurrent
1919000000 USD
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
14000000 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
2000000 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
0 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
0 USD
CY2015Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
40000000 USD
CY2016Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
35000000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
4548000000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
3461000000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
3460000000 USD
CY2014 us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
388000000 USD
CY2015 us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
374000000 USD
CY2016 us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
384000000 USD
CY2015Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
158000000 USD
CY2016Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
172000000 USD
CY2014 us-gaap Transfer Of Investments
TransferOfInvestments
196000000 USD
CY2015 us-gaap Transfer Of Investments
TransferOfInvestments
1000000 USD
CY2016 us-gaap Transfer Of Investments
TransferOfInvestments
0 USD
CY2015Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
44000000 USD
CY2016Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
42000000 USD
CY2015Q4 us-gaap Unamortized Loss Reacquired Debt Noncurrent
UnamortizedLossReacquiredDebtNoncurrent
93000000 USD
CY2016Q4 us-gaap Unamortized Loss Reacquired Debt Noncurrent
UnamortizedLossReacquiredDebtNoncurrent
84000000 USD
CY2015Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
279000000 USD
CY2016Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
335000000 USD
CY2014 us-gaap Unregulated Operating Revenue
UnregulatedOperatingRevenue
3110000000 USD
CY2015 us-gaap Unregulated Operating Revenue
UnregulatedOperatingRevenue
1938000000 USD
CY2016 us-gaap Unregulated Operating Revenue
UnregulatedOperatingRevenue
2088000000 USD
CY2014 us-gaap Utilities Operating Expense Gas And Petroleum Purchased
UtilitiesOperatingExpenseGasAndPetroleumPurchased
1878000000 USD
CY2015 us-gaap Utilities Operating Expense Gas And Petroleum Purchased
UtilitiesOperatingExpenseGasAndPetroleumPurchased
1264000000 USD
CY2016 us-gaap Utilities Operating Expense Gas And Petroleum Purchased
UtilitiesOperatingExpenseGasAndPetroleumPurchased
983000000 USD
CY2014 us-gaap Utilities Operating Expense Maintenance Operations And Other Costs And Expenses
UtilitiesOperatingExpenseMaintenanceOperationsAndOtherCostsAndExpenses
1969000000 USD
CY2015 us-gaap Utilities Operating Expense Maintenance Operations And Other Costs And Expenses
UtilitiesOperatingExpenseMaintenanceOperationsAndOtherCostsAndExpenses
2007000000 USD
CY2016 us-gaap Utilities Operating Expense Maintenance Operations And Other Costs And Expenses
UtilitiesOperatingExpenseMaintenanceOperationsAndOtherCostsAndExpenses
2093000000 USD
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
433603000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
429634000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
430180000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
430606000 shares
CY2016 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-style:italic;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:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those 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>

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