2014 Q4 Form 10-K Financial Statement

#000006480316000074 Filed on February 09, 2016

View on sec.gov

Income Statement

Concept 2014 Q4 2014 Q3 2014 Q2
Revenue $37.06B $35.02B $34.60B
YoY Change 12.87% 9.67% 10.73%
Cost Of Revenue $30.42B $28.55B $28.28B
YoY Change 15.01% 10.22% 11.3%
Gross Profit $6.633B $6.468B $6.324B
YoY Change 4.65% 7.32% 8.27%
Gross Profit Margin 17.9% 18.47% 18.28%
Selling, General & Admin $4.312B $4.222B $4.116B
YoY Change 4.61% 9.01% 6.38%
% of Gross Profit 65.01% 65.28% 65.09%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $4.312B $4.222B $4.116B
YoY Change 4.61% 9.01% 6.38%
Operating Profit $2.321B $2.246B $2.208B
YoY Change 4.69% 4.27% 11.97%
Interest Expense -$131.0M $158.0M $161.0M
YoY Change -2.96% 26.4% 26.77%
% of Operating Profit -5.64% 7.03% 7.29%
Other Income/Expense, Net
YoY Change
Pretax Income $2.190B $1.572B $2.050B
YoY Change 5.59% -22.64% 11.05%
Income Tax $868.0M $624.0M $804.0M
% Of Pretax Income 39.63% 39.69% 39.22%
Net Earnings $1.321B $948.0M $1.246B
YoY Change 4.43% -24.1% 10.85%
Net Earnings / Revenue 3.56% 2.71% 3.6%
Basic Earnings Per Share $1.15 $0.82 $1.07
Diluted Earnings Per Share $1.14 $0.81 $1.06
COMMON SHARES
Basic Shares Outstanding 1.146B shares 1.157B shares 1.165B shares
Diluted Shares Outstanding 1.164B shares 1.174B shares

Balance Sheet

Concept 2014 Q4 2014 Q3 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.515B $1.210B $1.712B
YoY Change -39.79% -24.98% 45.21%
Cash & Equivalents $2.481B $1.132B $1.612B
Short-Term Investments $34.00M $78.00M $100.0M
Other Short-Term Assets $866.0M $644.0M $554.0M
YoY Change 83.47% 60.6% 34.14%
Inventory $11.93B $11.61B $11.36B
Prepaid Expenses
Receivables $9.687B $10.83B $9.533B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $25.98B $25.34B $24.14B
YoY Change 2.6% 18.22% 21.49%
LONG-TERM ASSETS
Property, Plant & Equipment $8.843B $8.694B $8.820B
YoY Change 2.65% -0.63% 1.29%
Goodwill $28.14B $28.15B $28.13B
YoY Change 6.03% 6.03% 5.92%
Intangibles $9.774B $9.854B $9.906B
YoY Change 2.57% 2.79% 2.58%
Long-Term Investments
YoY Change
Other Assets $1.445B $1.540B $1.603B
YoY Change -4.62% 3.56% 7.15%
Total Long-Term Assets $48.20B $48.24B $48.46B
YoY Change 4.34% 4.02% 4.4%
TOTAL ASSETS
Total Short-Term Assets $25.98B $25.34B $24.14B
Total Long-Term Assets $48.20B $48.24B $48.46B
Total Assets $74.19B $73.58B $72.59B
YoY Change 3.72% 8.51% 9.52%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.547B $6.033B $5.780B
YoY Change 18.01% 11.47% 11.63%
Accrued Expenses $5.816B $5.433B $4.812B
YoY Change 21.98% 37.89% 37.45%
Deferred Revenue
YoY Change
Short-Term Debt $685.0M $775.0M $0.00
YoY Change -4.79%
Long-Term Debt Due $575.0M $572.0M $1.119B
YoY Change 2.5% 0.0% 6116.67%
Total Short-Term Liabilities $19.03B $18.21B $16.63B
YoY Change 23.35% 20.63% 31.04%
LONG-TERM LIABILITIES
Long-Term Debt $11.63B $11.71B $12.25B
YoY Change -9.43% 32.77% 30.93%
Other Long-Term Liabilities $1.531B $1.494B $1.489B
YoY Change 7.74% -4.41% -2.93%
Total Long-Term Liabilities $13.16B $1.494B $1.489B
YoY Change -7.72% -85.61% -86.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $19.03B $18.21B $16.63B
Total Long-Term Liabilities $13.16B $1.494B $1.489B
Total Liabilities $32.19B $19.71B $18.12B
YoY Change 8.42% -22.66% -23.17%
SHAREHOLDERS EQUITY
Retained Earnings $31.85B $30.85B $30.22B
YoY Change 11.78% 11.96% 13.73%
Common Stock $17.00M $17.00M $17.00M
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $24.08B $22.88B $22.13B
YoY Change 19.38% 23.91% 30.28%
Treasury Stock Shares 550.0M shares 536.0M shares 527.0M shares
Shareholders Equity $37.96B $38.10B $38.13B
YoY Change
Total Liabilities & Shareholders Equity $74.19B $73.58B $72.59B
YoY Change 3.72% 8.51% 9.52%

Cashflow Statement

Concept 2014 Q4 2014 Q3 2014 Q2
OPERATING ACTIVITIES
Net Income $1.321B $948.0M $1.246B
YoY Change 4.43% -24.1% 10.85%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $3.423B $1.645B $897.0M
YoY Change 122.56% -3.41% -0.55%
INVESTING ACTIVITIES
Capital Expenditures -$700.0M -$545.0M -$503.0M
YoY Change 7.03% 3.61% 3.5%
Acquisitions
YoY Change
Other Investing Activities $189.0M $196.0M -$122.0M
YoY Change -57.14% -6633.33% 205.0%
Cash From Investing Activities -$511.0M -$349.0M -$625.0M
YoY Change 139.91% -34.03% 18.82%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.561B -1.775B -1.423B
YoY Change -223.79% 108.82% 89.48%
NET CHANGE
Cash From Operating Activities 3.423B 1.645B 897.0M
Cash From Investing Activities -511.0M -349.0M -625.0M
Cash From Financing Activities -1.561B -1.775B -1.423B
Net Change In Cash 1.351B -479.0M -1.151B
YoY Change -47.76% -247.84% 206.93%
FREE CASH FLOW
Cash From Operating Activities $3.423B $1.645B $897.0M
Capital Expenditures -$700.0M -$545.0M -$503.0M
Free Cash Flow $4.123B $2.190B $1.400B
YoY Change 88.09% -1.75% 0.86%

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CY2015Q4 us-gaap Debt Instrument Unamortized Premium
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CY2014 us-gaap Deferred Income Tax Expense Benefit
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CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
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CY2014 us-gaap Depreciation
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1.07
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1.12
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1.34
CY2015 us-gaap Earnings Per Share Diluted
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4.63
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3000000 USD
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CY2013 us-gaap Effective Income Tax Rate Continuing Operations
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0.389
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CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
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0.043
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62000000 USD
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106000000 USD
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760000000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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490000000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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662000000 USD
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705000000 USD
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735000000 USD
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72000000 USD
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0 USD
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CY2013Q4 us-gaap Goodwill
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CY2014 us-gaap Gross Profit
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8616000000 USD
CY2013 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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4600000000 USD
CY2014Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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1129000000 USD
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1246000000 USD
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948000000 USD
CY2014Q4 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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1322000000 USD
CY2014 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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4645000000 USD
CY2015Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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1221000000 USD
CY2015Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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1272000000 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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1237000000 USD
CY2015Q4 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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1500000000 USD
CY2015 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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5230000000 USD
CY2013 us-gaap Income Loss From Continuing Operations Per Basic Share
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CY2014Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
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CY2014Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
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1.07
CY2014Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
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CY2014Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
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1.15
CY2014 us-gaap Income Loss From Continuing Operations Per Basic Share
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3.98
CY2015Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
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1.08
CY2015Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
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1.13
CY2015Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
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1.10
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1.35
CY2015 us-gaap Income Loss From Continuing Operations Per Basic Share
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4.65
CY2013 us-gaap Income Loss From Continuing Operations Per Diluted Share
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3.75
CY2014Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
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0.95
CY2014Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
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1.06
CY2014Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.81
CY2014Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.14
CY2014 us-gaap Income Loss From Continuing Operations Per Diluted Share
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3.96
CY2015Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.07
CY2015Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.12
CY2015Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
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1.10
CY2015Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.34
CY2015 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
4.62
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-8000000 USD
CY2014Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
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0 USD
CY2014Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2014Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2014Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax
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CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax
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CY2015Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
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0 USD
CY2015Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
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0 USD
CY2015Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
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10000000 USD
CY2015Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax
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CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax
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9000000 USD
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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-0.01
CY2014Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0.00
CY2014Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0.00
CY2014Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0.00
CY2014Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0.00
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0.00
CY2015Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0.00
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0.01
CY2013 us-gaap Income Tax Expense Benefit
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2928000000 USD
CY2014 us-gaap Income Tax Expense Benefit
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3033000000 USD
CY2015 us-gaap Income Tax Expense Benefit
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3386000000 USD
CY2013 us-gaap Income Taxes Paid
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3211000000 USD
CY2014 us-gaap Income Taxes Paid
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2931000000 USD
CY2015 us-gaap Income Taxes Paid
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3274000000 USD
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.00
CY2015Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.00
CY2015Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.00
CY2015Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.01
CY2015Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.00
CY2015Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0.00
CY2015Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0.01
CY2015Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0.00
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0.01
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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-0.01
CY2014Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.00
CY2014Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.00
CY2014Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.00
CY2014Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.00
CY2013 us-gaap Increase Decrease In Accounts Payable
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1024000000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable
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1742000000 USD
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2834000000 USD
CY2013 us-gaap Increase Decrease In Accounts Receivable
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2210000000 USD
CY2014 us-gaap Increase Decrease In Accounts Receivable
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737000000 USD
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1594000000 USD
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471000000 USD
CY2014 us-gaap Increase Decrease In Accrued Liabilities
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1060000000 USD
CY2015 us-gaap Increase Decrease In Accrued Liabilities
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765000000 USD
CY2013 us-gaap Increase Decrease In Inventories
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CY2014 us-gaap Increase Decrease In Inventories
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770000000 USD
CY2015 us-gaap Increase Decrease In Inventories
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1141000000 USD
CY2013 us-gaap Increase Decrease In Other Operating Assets
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135000000 USD
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42.17
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282000000 USD
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372000000 USD
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394000000 USD
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
270000 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
902000 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
3772000 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
USD
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
993965110 USD
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
28166000 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
24341000 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
47.87
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
57.60
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
984746487 USD
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
23765000 shares
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
37196000000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
37938000000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
37963000000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
37203000000 USD
CY2014Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
550000000 shares
CY2015Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
597000000 shares
CY2014Q4 us-gaap Treasury Stock Value
TreasuryStockValue
24078000000 USD
CY2015Q4 us-gaap Treasury Stock Value
TreasuryStockValue
28886000000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
80000000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
117000000 USD
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
56.96
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
40.68
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
38.03
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
66.81
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
102.25
CY2015Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
658732653 USD
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y7M28D
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y10M17D
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P3Y10M2D
CY2014Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
685000000 USD
CY2015Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
0 USD
CY2014Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.0036
CY2014Q4 us-gaap Short Term Investments
ShortTermInvestments
34000000 USD
CY2015Q4 us-gaap Short Term Investments
ShortTermInvestments
88000000 USD
CY2015 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
6425000 shares
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
37958000000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
188000000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
338000000 USD
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
15000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
11000000 USD
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
1000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
1000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
5000000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
11000000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
16000000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
19000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
32000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
57000000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
37000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
70000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
122000000 USD
CY2013 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
4000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
6000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
5000000 USD
CY2013 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
17000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
15000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
13000000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
292000000 USD
CY2015 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
110000000 USD
CY2013 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
195000000 USD
CY2014 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
185000000 USD
CY2015 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
216000000 USD
CY2013 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
182000000 USD
CY2014 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
185000000 USD
CY2015 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
311000000 USD
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1226000000 shares
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1169000000 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1126000000 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1217000000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1161000000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1118000000 shares
CY2015 us-gaap Use Of Estimates
UseOfEstimates
<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;">Use of estimates</font><font style="font-family:inherit;font-size:10pt;"> - The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates</font></div></div>

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