$COR
Cencora, Inc.

2018 Q1 Form 10-Q Financial Statement

#000114085918000020 Filed on May 02, 2018

View on sec.gov

Income Statement

Concept 2018 Q1 2017 Q1
Revenue $41.03B $37.15B
YoY Change 10.46% 4.06%
Cost Of Revenue $39.78B $35.89B
YoY Change 10.83% 3.66%
Gross Profit $1.256B $1.256B
YoY Change -0.06% 16.84%
Gross Profit Margin 3.06% 3.38%
Selling, General & Admin $617.4M $521.8M
YoY Change 18.32% 0.46%
% of Gross Profit 49.17% 41.53%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $125.5M $106.1M
YoY Change 18.28% 7.17%
% of Gross Profit 9.99% 8.44%
Operating Expenses $617.4M $521.8M
YoY Change 18.32% 0.46%
Operating Profit $481.4M $625.0M
YoY Change -22.97% -34.25%
Interest Expense -$48.64M -$37.30M
YoY Change 30.4% 3.71%
% of Operating Profit -10.1% -5.97%
Other Income/Expense, Net -$29.12M $5.233M
YoY Change -656.53% 592.2%
Pretax Income $361.3M $592.9M
YoY Change -39.06% -35.22%
Income Tax $79.17M $181.4M
% Of Pretax Income 21.91% 30.6%
Net Earnings $287.5M $411.5M
YoY Change -30.14% -31.81%
Net Earnings / Revenue 0.7% 1.11%
Basic Earnings Per Share $1.31 $1.89
Diluted Earnings Per Share $1.29 $1.86
COMMON SHARES
Basic Shares Outstanding 219.2M shares 217.7M shares
Diluted Shares Outstanding 222.3M shares 221.2M shares

Balance Sheet

Concept 2018 Q1 2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.091B $2.404B
YoY Change -13.02% -4.79%
Cash & Equivalents $2.091B $2.404B
Short-Term Investments
Other Short-Term Assets $173.0M $170.0M
YoY Change 1.76% 27.82%
Inventory $12.87B $11.34B
Prepaid Expenses
Receivables $11.27B $9.584B
Other Receivables $0.00 $0.00
Total Short-Term Assets $26.40B $23.49B
YoY Change 12.36% 6.45%
LONG-TERM ASSETS
Property, Plant & Equipment $1.940B $1.702B
YoY Change 13.99% 55.44%
Goodwill $6.698B $5.988B
YoY Change 11.85%
Intangibles $3.062B $2.889B
YoY Change 6.0%
Long-Term Investments
YoY Change
Other Assets $298.5M $324.4M
YoY Change -7.99% 7.41%
Total Long-Term Assets $12.00B $10.90B
YoY Change 10.05% 4.59%
TOTAL ASSETS
Total Short-Term Assets $26.40B $23.49B
Total Long-Term Assets $12.00B $10.90B
Total Assets $38.40B $34.40B
YoY Change 11.63% 5.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $26.40B $24.28B
YoY Change 8.76% 5.61%
Accrued Expenses $1.438B $639.6M
YoY Change 124.83% -3.83%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $33.97M $615.8M
YoY Change -94.48% 413.21%
Total Short-Term Liabilities $28.09B $25.53B
YoY Change 10.04% 7.41%
LONG-TERM LIABILITIES
Long-Term Debt $4.278B $3.478B
YoY Change 22.98% -20.39%
Other Long-Term Liabilities $121.8M $164.6M
YoY Change -26.0% 32.78%
Total Long-Term Liabilities $4.399B $3.643B
YoY Change 20.77% -18.92%
TOTAL LIABILITIES
Total Short-Term Liabilities $28.09B $25.53B
Total Long-Term Liabilities $4.399B $3.643B
Total Liabilities $32.49B $29.17B
YoY Change 11.38% -3.73%
SHAREHOLDERS EQUITY
Retained Earnings $3.377B $2.850B
YoY Change 18.51%
Common Stock $4.677B $4.458B
YoY Change 4.91%
Preferred Stock
YoY Change
Treasury Stock (at cost) $4.823B $4.655B
YoY Change 3.61%
Treasury Stock Shares 63.34M shares 61.33M shares
Shareholders Equity $3.188B $2.529B
YoY Change
Total Liabilities & Shareholders Equity $38.40B $34.40B
YoY Change 11.63% 5.85%

Cashflow Statement

Concept 2018 Q1 2017 Q1
OPERATING ACTIVITIES
Net Income $287.5M $411.5M
YoY Change -30.14% -31.81%
Depreciation, Depletion And Amortization $125.5M $106.1M
YoY Change 18.28% 7.17%
Cash From Operating Activities -$87.50M $798.8M
YoY Change -110.95% -9.27%
INVESTING ACTIVITIES
Capital Expenditures -$95.20M -$125.4M
YoY Change -24.08% 39.49%
Acquisitions
YoY Change
Other Investing Activities -$697.9M $12.80M
YoY Change -5552.34% -205.79%
Cash From Investing Activities -$793.1M -$112.6M
YoY Change 604.35% 10.28%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -65.70M -72.80M
YoY Change -9.75% -109.47%
NET CHANGE
Cash From Operating Activities -87.50M 798.8M
Cash From Investing Activities -793.1M -112.6M
Cash From Financing Activities -65.70M -72.80M
Net Change In Cash -946.3M 613.4M
YoY Change -254.27% -60.35%
FREE CASH FLOW
Cash From Operating Activities -$87.50M $798.8M
Capital Expenditures -$95.20M -$125.4M
Free Cash Flow $7.700M $924.2M
YoY Change -99.17% -4.75%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--09-30
CY2017Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
4517635000 USD
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
CY2018Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
4674295000 USD
CY2017Q3 abc Allowances For Returns And Doubtful Accounts
AllowancesForReturnsAndDoubtfulAccounts
1050361000 USD
CY2018Q1 abc Allowances For Returns And Doubtful Accounts
AllowancesForReturnsAndDoubtfulAccounts
1081006000 USD
CY2017Q4 abc Dividend Increase Percentage
DividendIncreasePercentage
0.04
CY2017Q1 abc Other Comprehensive Income Loss Reclassification Adjustmentfrom Aoc Ifor Investment Transferredfrom Equity Methodto Consolidation Netof Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentfromAOCIforInvestmentTransferredfromEquityMethodtoConsolidationNetofTax
0 USD
abc Other Comprehensive Income Loss Reclassification Adjustmentfrom Aoc Ifor Investment Transferredfrom Equity Methodto Consolidation Netof Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentfromAOCIforInvestmentTransferredfromEquityMethodtoConsolidationNetofTax
0 USD
CY2018Q1 abc Other Comprehensive Income Loss Reclassification Adjustmentfrom Aoc Ifor Investment Transferredfrom Equity Methodto Consolidation Netof Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentfromAOCIforInvestmentTransferredfromEquityMethodtoConsolidationNetofTax
45941000 USD
abc Other Comprehensive Income Loss Reclassification Adjustmentfrom Aoc Ifor Investment Transferredfrom Equity Methodto Consolidation Netof Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentfromAOCIforInvestmentTransferredfromEquityMethodtoConsolidationNetofTax
45941000 USD
abc Tax Cuts And Jobs Act Of2017 Incomplete Accounting Provisional Income Tax Expense Benefit
TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit
-587600000 USD
CY2018Q1 abc Unrecognized Tax Benefits Including Income Tax Penaltiesand Interest Accrued
UnrecognizedTaxBenefitsIncludingIncomeTaxPenaltiesandInterestAccrued
250600000 USD
CY2018Q1 abc Unrecognized Tax Benefits Including Income Tax Penaltiesand Interest Accrued Netof Federal Benefit
UnrecognizedTaxBenefitsIncludingIncomeTaxPenaltiesandInterestAccruedNetofFederalBenefit
225300000 USD
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2018
dei Document Period End Date
DocumentPeriodEndDate
2018-03-31
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001140859
CY2018Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
219804069 shares
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
AMERISOURCEBERGEN CORP
dei Trading Symbol
TradingSymbol
abc
CY2017Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
25404042000 USD
CY2018Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
26403594000 USD
CY2017Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
10303324000 USD
CY2018Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
11265014000 USD
CY2017Q3 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
84257000 USD
CY2018Q1 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
367797000 USD
CY2017Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1402002000 USD
CY2018Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1437916000 USD
CY2017Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1293260000 USD
CY2018Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1432452000 USD
CY2017Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-95850000 USD
CY2018Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-43506000 USD
us-gaap Adjustment For Amortization
AdjustmentForAmortization
85194000 USD
us-gaap Adjustment For Amortization
AdjustmentForAmortization
95047000 USD
CY2017Q1 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
39918000 USD
us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
80144000 USD
CY2018Q1 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
46670000 USD
us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
86899000 USD
CY2017Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
40200000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
80400000 USD
CY2018Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
46700000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
86900000 USD
CY2017Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3800000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4600000 shares
CY2018Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1900000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3200000 shares
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
30000000 USD
CY2017Q3 us-gaap Assets
Assets
35316470000 USD
CY2018Q1 us-gaap Assets
Assets
38395732000 USD
CY2017Q3 us-gaap Assets Current
AssetsCurrent
24303299000 USD
CY2018Q1 us-gaap Assets Current
AssetsCurrent
26397211000 USD
CY2017Q3 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
979589000 USD
CY2018Q1 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
1121445000 USD
CY2017Q1 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
4283000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
4817000 USD
CY2018Q1 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
8793000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
12937000 USD
CY2017Q1 us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Loss
BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementLoss
0 USD
us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Loss
BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementLoss
0 USD
CY2018Q1 us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Loss
BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementLoss
42328000 USD
us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Loss
BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementLoss
42300000 USD
us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Loss
BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementLoss
42328000 USD
CY2017Q3 us-gaap Capital Lease Obligations
CapitalLeaseObligations
0 USD
CY2018Q1 us-gaap Capital Lease Obligations
CapitalLeaseObligations
2124000 USD
CY2017Q3 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
351635000 USD
CY2018Q1 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
362520000 USD
CY2016Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2741832000 USD
CY2017Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2404433000 USD
CY2017Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2435115000 USD
CY2018Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2091359000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-337399000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-343756000 USD
CY2017Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.365
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.73
CY2017Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.365
CY2018Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.380
CY2018Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.38
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.76
CY2017Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2018Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2017Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
600000000 shares
CY2018Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
600000000 shares
CY2017Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
280584076 shares
CY2018Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
283081819 shares
CY2017Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
217993598 shares
CY2018Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
219743905 shares
us-gaap Depreciation Nonproduction
DepreciationNonproduction
113605000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
0 USD
CY2018Q1 us-gaap Depreciation Nonproduction
DepreciationNonproduction
72718000 USD
us-gaap Depreciation Nonproduction
DepreciationNonproduction
137625000 USD
CY2017Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.89
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.02
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.31
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.25
CY2017Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.86
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.97
CY2017Q3 us-gaap Common Stock Value
CommonStockValue
2806000 USD
CY2018Q1 us-gaap Common Stock Value
CommonStockValue
2831000 USD
CY2017Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
429834000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
649537000 USD
CY2018Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
340287000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1201652000 USD
CY2017Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
0 USD
CY2018Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-5295000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-5295000 USD
CY2017Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
429834000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
649537000 USD
CY2018Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
334992000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
1196357000 USD
CY2017Q1 us-gaap Cost Of Goods Sold
CostOfGoodsSold
35890975000 USD
us-gaap Cost Of Goods Sold
CostOfGoodsSold
73022560000 USD
CY2018Q1 us-gaap Cost Of Goods Sold
CostOfGoodsSold
39778175000 USD
us-gaap Cost Of Goods Sold
CostOfGoodsSold
79131855000 USD
CY2017Q3 us-gaap Debt Current
DebtCurrent
12121000 USD
CY2018Q1 us-gaap Debt Current
DebtCurrent
252894000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
159397000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-798435000 USD
CY2017Q3 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
2492612000 USD
CY2018Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
1808082000 USD
us-gaap Depreciation
Depreciation
127184000 USD
us-gaap Depreciation
Depreciation
142187000 USD
CY2017Q1 us-gaap Depreciation Nonproduction
DepreciationNonproduction
57751000 USD
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.29
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.19
CY2018Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.219
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.588
CY2017Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
506825000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
594161000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
1561900000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
181500000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
176900000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
178300000 USD
us-gaap Gross Profit
GrossProfit
2294107000 USD
CY2018Q1 us-gaap Gross Profit
GrossProfit
1255683000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
180600000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
185000000 USD
CY2017Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2018Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-23766000 USD
CY2017Q3 us-gaap Goodwill
Goodwill
6044281000 USD
CY2018Q1 us-gaap Goodwill
Goodwill
6697566000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
652965000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
320000 USD
CY2017Q1 us-gaap Gross Profit
GrossProfit
1256427000 USD
us-gaap Gross Profit
GrossProfit
2368335000 USD
CY2017Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
592915000 USD
us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
897600000 USD
us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
310000000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
350960000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
384378000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
417705000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
590386000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
28935000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
262495000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-76463000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
31732000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
556057000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
956053000 USD
CY2018Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
361332000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
720351000 USD
CY2017Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
181442000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
297334000 USD
CY2018Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
79172000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-423662000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
805164000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-26591000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
89601000 USD
CY2017Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3571000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3445000 shares
CY2018Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3103000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2802000 shares
CY2017Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
3340106000 USD
CY2018Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
3656484000 USD
CY2017Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
2833281000 USD
CY2018Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
3062323000 USD
CY2017Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-37299000 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-74271000 USD
CY2018Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-48637000 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-84501000 USD
us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
-58196000 USD
us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
0 USD
CY2017Q3 us-gaap Inventory Net
InventoryNet
11461428000 USD
CY2018Q1 us-gaap Inventory Net
InventoryNet
12867481000 USD
CY2017Q3 us-gaap Land
Land
40302000 USD
CY2018Q1 us-gaap Land
Land
39902000 USD
CY2017Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
35316470000 USD
CY2018Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
38395732000 USD
CY2017Q3 us-gaap Liabilities Current
LiabilitiesCurrent
26818165000 USD
CY2018Q1 us-gaap Liabilities Current
LiabilitiesCurrent
28094404000 USD
CY2017Q1 us-gaap Litigation Settlement Expense
LitigationSettlementExpense
0 USD
us-gaap Litigation Settlement Expense
LitigationSettlementExpense
16000000 USD
CY2018Q1 us-gaap Litigation Settlement Expense
LitigationSettlementExpense
9164000 USD
us-gaap Litigation Settlement Expense
LitigationSettlementExpense
11973000 USD
CY2017Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
3442055000 USD
CY2018Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
4530395000 USD
CY2017Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
12121000 USD
CY2018Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
33966000 USD
CY2017Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
3429934000 USD
CY2018Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
4277501000 USD
CY2017Q3 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
2071314000 USD
CY2018Q1 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
2211259000 USD
CY2017Q3 us-gaap Minority Interest
MinorityInterest
0 USD
CY2018Q1 us-gaap Minority Interest
MinorityInterest
176046000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-436309000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
668908000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-269474000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-935422000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
368384000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-77242000 USD
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
411473000 USD
us-gaap Net Income Loss
NetIncomeLoss
658719000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
287455000 USD
us-gaap Net Income Loss
NetIncomeLoss
1149308000 USD
CY2017Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2018Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-5295000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-5295000 USD
CY2017Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
5233000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
5356000 USD
CY2018Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-29123000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-29447000 USD
CY2017Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
624981000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
1024968000 USD
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
481420000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
900393000 USD
CY2017Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
337664000 USD
CY2018Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
298478000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
18545000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-9012000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
6831000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
6425000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
18361000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-9182000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
52832000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
52344000 USD
CY2017Q1 us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
-184000 USD
us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
-170000 USD
CY2018Q1 us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
60000 USD
us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
-22000 USD
CY2017Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
75406000 USD
CY2018Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
121832000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
6809000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-7729000 USD
CY2017Q1 us-gaap Other Restructuring Costs
OtherRestructuringCosts
7651000 USD
us-gaap Other Restructuring Costs
OtherRestructuringCosts
12183000 USD
CY2018Q1 us-gaap Other Restructuring Costs
OtherRestructuringCosts
19492000 USD
us-gaap Other Restructuring Costs
OtherRestructuringCosts
42560000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-8136000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-10479000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
229928000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
60208000 USD
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0 USD
CY2018Q1 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
22300000 USD
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
22348000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
160093000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
167533000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
8968000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
7507000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
48635000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
0 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
2403000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
777085000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
262700000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
168816000 USD
CY2017Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
103432000 USD
CY2018Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
173357000 USD
us-gaap Proceeds And Excess Tax Benefit From Sharebased Compensation
ProceedsAndExcessTaxBenefitFromSharebasedCompensation
61383000 USD
us-gaap Proceeds And Excess Tax Benefit From Sharebased Compensation
ProceedsAndExcessTaxBenefitFromSharebasedCompensation
115236000 USD
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
0 USD
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
1236483000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
6711081000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
24430951000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-3820000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-9456000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
36128000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
0 USD
CY2017Q1 us-gaap Profit Loss
ProfitLoss
411473000 USD
us-gaap Profit Loss
ProfitLoss
658719000 USD
CY2018Q1 us-gaap Profit Loss
ProfitLoss
282160000 USD
us-gaap Profit Loss
ProfitLoss
1144013000 USD
CY2017Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3091205000 USD
CY2018Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3372606000 USD
CY2017Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1797945000 USD
CY2018Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1940154000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
5384000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-1539000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
100000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
434480000 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
6705964000 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
24412230000 USD
CY2017Q1 us-gaap Restructuring Charges
RestructuringCharges
11934000 USD
us-gaap Restructuring Charges
RestructuringCharges
33000000 USD
CY2018Q1 us-gaap Restructuring Charges
RestructuringCharges
37449000 USD
us-gaap Restructuring Charges
RestructuringCharges
67470000 USD
CY2017Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2395218000 USD
CY2018Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
3376993000 USD
CY2017Q1 us-gaap Revenues
Revenues
37147402000 USD
us-gaap Revenues
Revenues
75316667000 USD
CY2018Q1 us-gaap Revenues
Revenues
41033858000 USD
us-gaap Revenues
Revenues
81500190000 USD
CY2017Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
521843000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1042390000 USD
CY2018Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
617426000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1175948000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
41250000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
44208000 USD
CY2018Q1 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
5300000 USD
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
2064461000 USD
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
3187550000 USD
CY2017Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2064461000 USD
CY2018Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3363596000 USD
CY2017Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
62590478 shares
CY2018Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
63337914 shares
CY2017Q3 us-gaap Treasury Stock Value
TreasuryStockValue
4755348000 USD
CY2018Q1 us-gaap Treasury Stock Value
TreasuryStockValue
4823063000 USD
CY2018Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
16100000 USD
us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
87800000 USD
CY2018Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
207000000 USD
CY2017Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
221221000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
221611000 shares
CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
222303000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
221565000 shares
CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
217650000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
218166000 shares
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
219200000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
218763000 shares
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect amounts reported in the financial statements and accompanying notes.&#160;Actual amounts could differ from these estimated amounts. Certain reclassifications have been made to prior period amounts in order to conform to the current year presentation.</font></div></div>

Files In Submission

Name View Source Status
0001140859-18-000020-index-headers.html Edgar Link pending
0001140859-18-000020-index.html Edgar Link pending
0001140859-18-000020.txt Edgar Link pending
0001140859-18-000020-xbrl.zip Edgar Link pending
a10-qxq22018.htm Edgar Link pending
abc-20180331.xml Edgar Link completed
abc-20180331.xsd Edgar Link pending
abc-20180331_cal.xml Edgar Link unprocessable
abc-20180331_def.xml Edgar Link unprocessable
abc-20180331_lab.xml Edgar Link unprocessable
abc-20180331_pre.xml Edgar Link unprocessable
exhibit101-abcarespp.htm Edgar Link pending
exhibit311-q22018.htm Edgar Link pending
exhibit312-q22018.htm Edgar Link pending
exhibit32-q22018.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending