2017 Q4 Form 10-K Financial Statement

#000162828018002289 Filed on February 27, 2018

View on sec.gov

Income Statement

Concept 2017 Q4 2016 Q4 2016 Q3
Revenue $714.2M $681.6M $694.2M
YoY Change 4.78% 0.15% 3.63%
Cost Of Revenue $455.6M $433.9M $449.2M
YoY Change 5.0% -1.77% 4.05%
Gross Profit $258.6M $247.7M $245.0M
YoY Change 4.4% 3.68% 2.85%
Gross Profit Margin 36.21% 36.34% 35.29%
Selling, General & Admin $153.5M $160.1M $141.2M
YoY Change -4.12% 18.77% -0.14%
% of Gross Profit 59.36% 64.63% 57.63%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $18.70M $16.60M $16.70M
YoY Change 12.65% -2.92% 4.37%
% of Gross Profit 7.23% 6.7% 6.82%
Operating Expenses $153.5M $160.1M $141.2M
YoY Change -4.12% 18.77% -0.14%
Operating Profit $87.20M -$91.60M $103.8M
YoY Change -195.2% -188.5% 11.37%
Interest Expense -$8.100M -$8.500M $9.200M
YoY Change -4.71% -1.16% 1.1%
% of Operating Profit -9.29% 8.86%
Other Income/Expense, Net $3.500M $12.60M -$8.800M
YoY Change -72.22% -2620.0% -1.12%
Pretax Income $82.80M -$101.1M $95.00M
YoY Change -181.9% -207.1% 12.69%
Income Tax $24.40M -$37.60M $31.30M
% Of Pretax Income 29.47% 32.95%
Net Earnings -$28.70M -$63.90M $63.50M
YoY Change -55.09% -198.16% 11.6%
Net Earnings / Revenue -4.02% -9.38% 9.15%
Basic Earnings Per Share -$0.48 -$1.11 $1.09
Diluted Earnings Per Share -$0.48 -$1.08 $1.07
COMMON SHARES
Basic Shares Outstanding 59.35M shares 58.66M shares 58.50M shares
Diluted Shares Outstanding 59.40M shares

Balance Sheet

Concept 2017 Q4 2016 Q4 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $706.2M $509.7M $436.3M
YoY Change 38.55% 40.22% 30.16%
Cash & Equivalents $706.2M $509.7M $504.8M
Short-Term Investments
Other Short-Term Assets $19.60M $19.50M $19.30M
YoY Change 0.51% 11.43% 0.0%
Inventory $349.3M $342.5M $372.3M
Prepaid Expenses
Receivables $418.4M $396.4M $426.7M
Other Receivables $25.00M $18.00M $20.50M
Total Short-Term Assets $1.519B $1.316B $1.310B
YoY Change 15.41% 9.32% 5.61%
LONG-TERM ASSETS
Property, Plant & Equipment $282.4M $278.9M $283.0M
YoY Change 1.25% 1.05% 1.04%
Goodwill $1.207B $1.207B $1.176B
YoY Change 0.0% 3.34% 0.0%
Intangibles $276.8M $282.2M $302.1M
YoY Change -1.91% -11.01% -7.61%
Long-Term Investments
YoY Change
Other Assets $114.6M $95.00M $111.9M
YoY Change 20.63% -6.22% 12.12%
Total Long-Term Assets $2.075B $2.112B $2.099B
YoY Change -1.77% -0.99% -2.92%
TOTAL ASSETS
Total Short-Term Assets $1.519B $1.316B $1.310B
Total Long-Term Assets $2.075B $2.112B $2.099B
Total Assets $3.594B $3.428B $3.409B
YoY Change 4.83% 2.73% 0.19%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $247.4M $223.2M $202.5M
YoY Change 10.84% -0.04% -8.37%
Accrued Expenses $252.1M $223.1M $230.7M
YoY Change 13.0% 2.06% -4.87%
Deferred Revenue $27.00M
YoY Change
Short-Term Debt $249.4M $0.00 $34.00M
YoY Change -100.0% -65.2%
Long-Term Debt Due $249.4M
YoY Change
Total Short-Term Liabilities $837.5M $520.8M $556.6M
YoY Change 60.81% -9.08% -14.67%
LONG-TERM LIABILITIES
Long-Term Debt $494.1M $745.3M $745.2M
YoY Change -33.7% 0.09% -0.53%
Other Long-Term Liabilities $107.7M $99.80M $99.70M
YoY Change 7.92% -11.52% -15.0%
Total Long-Term Liabilities $601.8M $845.1M $844.9M
YoY Change -28.79% -1.43% -2.49%
TOTAL LIABILITIES
Total Short-Term Liabilities $837.5M $520.8M $556.6M
Total Long-Term Liabilities $601.8M $845.1M $844.9M
Total Liabilities $2.245B $2.282B $2.085B
YoY Change -1.63% 4.4% -9.03%
SHAREHOLDERS EQUITY
Retained Earnings $1.813B $1.720B $1.803B
YoY Change 5.43% 2.72% 10.75%
Common Stock $72.40M $72.40M $72.40M
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $452.1M $459.3M $477.1M
YoY Change -1.57% -7.06% -3.79%
Treasury Stock Shares 13.01M shares 13.46M shares 13.82M shares
Shareholders Equity $1.345B $1.134B $1.312B
YoY Change
Total Liabilities & Shareholders Equity $3.594B $3.428B $3.409B
YoY Change 4.83% 2.73% 0.19%

Cashflow Statement

Concept 2017 Q4 2016 Q4 2016 Q3
OPERATING ACTIVITIES
Net Income -$28.70M -$63.90M $63.50M
YoY Change -55.09% -198.16% 11.6%
Depreciation, Depletion And Amortization $18.70M $16.60M $16.70M
YoY Change 12.65% -2.92% 4.37%
Cash From Operating Activities $143.3M $149.7M $116.6M
YoY Change -4.28% 31.78% 67.53%
INVESTING ACTIVITIES
Capital Expenditures -$14.70M -$13.00M -$11.90M
YoY Change 13.08% 14.04% 46.91%
Acquisitions
YoY Change
Other Investing Activities $17.10M $100.0K $100.0K
YoY Change 17000.0% -96.15% -200.0%
Cash From Investing Activities $2.400M -$12.90M -$11.80M
YoY Change -118.6% 46.59% 43.9%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -17.70M -36.60M -78.80M
YoY Change -51.64% -44.12% 80.32%
NET CHANGE
Cash From Operating Activities 143.3M 149.7M 116.6M
Cash From Investing Activities 2.400M -12.90M -11.80M
Cash From Financing Activities -17.70M -36.60M -78.80M
Net Change In Cash 128.0M 100.2M 26.00M
YoY Change 27.74% 154.96% 46.89%
FREE CASH FLOW
Cash From Operating Activities $143.3M $149.7M $116.6M
Capital Expenditures -$14.70M -$13.00M -$11.90M
Free Cash Flow $158.0M $162.7M $128.5M
YoY Change -2.89% 30.16% 65.38%

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336500000 USD
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164100000 USD
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367500000 USD
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69800000 USD
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84100000 USD
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3300000 USD
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5500000 USD
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17500000 USD
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2400000 USD
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6200000 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
10100000 USD
CY2015 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
2900000 USD
CY2016 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-4400000 USD
CY2017 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
8600000 USD
CY2015 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
6100000 USD
CY2016 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
9600000 USD
CY2017 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
30800000 USD
CY2015 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
23000000 USD
CY2016 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-24900000 USD
CY2017 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-6400000 USD
CY2015 us-gaap Increase Decrease In Operating Capital
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16100000 USD
CY2016 us-gaap Increase Decrease In Operating Capital
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-27000000 USD
CY2017 us-gaap Increase Decrease In Operating Capital
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-54000000 USD
CY2015 us-gaap Increase Decrease In Other Operating Assets
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3000000 USD
CY2016 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
2400000 USD
CY2017 us-gaap Increase Decrease In Other Operating Assets
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-800000 USD
CY2015 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
700000 shares
CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
800000 shares
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1000000 shares
CY2017Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
28700000 USD
CY2015 us-gaap Indefinitelived Intangible Assets Acquired
IndefinitelivedIntangibleAssetsAcquired
0 USD
CY2016 us-gaap Indefinitelived Intangible Assets Acquired
IndefinitelivedIntangibleAssetsAcquired
0 USD
CY2017 us-gaap Indefinitelived Intangible Assets Acquired
IndefinitelivedIntangibleAssetsAcquired
18200000 USD
CY2016Q4 us-gaap Intangible Assets Net Excluding Goodwill
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282200000 USD
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
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276800000 USD
CY2015 us-gaap Interest Expense
InterestExpense
37600000 USD
CY2016 us-gaap Interest Expense
InterestExpense
36500000 USD
CY2017 us-gaap Interest Expense
InterestExpense
36100000 USD
CY2015 us-gaap Interest Paid
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37500000 USD
CY2016 us-gaap Interest Paid
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36800000 USD
CY2017 us-gaap Interest Paid
InterestPaid
36000000 USD
CY2016Q4 us-gaap Inventory Raw Materials Net Of Reserves
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150600000 USD
CY2017Q4 us-gaap Inventory Raw Materials Net Of Reserves
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150500000 USD
CY2016Q4 us-gaap Inventory Work In Process Net Of Reserves
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56000000 USD
CY2016Q4 us-gaap Inventory Net
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342500000 USD
CY2017Q4 us-gaap Inventory Net
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349300000 USD
CY2017Q4 us-gaap Inventory Work In Process Net Of Reserves
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51600000 USD
CY2015 us-gaap Investment Income Interest
InvestmentIncomeInterest
1900000 USD
CY2016 us-gaap Investment Income Interest
InvestmentIncomeInterest
1900000 USD
CY2017 us-gaap Investment Income Interest
InvestmentIncomeInterest
2500000 USD
CY2016Q4 us-gaap Land
Land
66600000 USD
CY2017Q4 us-gaap Land
Land
62700000 USD
CY2015 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
0 USD
CY2016 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
0 USD
CY2017 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
0 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
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3428000000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3593500000 USD
CY2016Q4 us-gaap Liabilities Current
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520800000 USD
CY2017Q4 us-gaap Liabilities Current
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837500000 USD
CY2016Q4 us-gaap Liabilities Other Than Longterm Debt Noncurrent
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65800000 USD
CY2017Q4 us-gaap Liabilities Other Than Longterm Debt Noncurrent
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75800000 USD
CY2016Q4 us-gaap Long Term Debt Fair Value
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801800000 USD
CY2017Q4 us-gaap Long Term Debt Fair Value
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816000000 USD
CY2016Q4 us-gaap Long Term Debt Noncurrent
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745300000 USD
CY2017Q4 us-gaap Long Term Debt Noncurrent
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494100000 USD
CY2015Q3 us-gaap Longterm Commercial Paper Current And Noncurrent
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500000000 USD
CY2016Q4 us-gaap Machinery And Equipment Gross
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566800000 USD
CY2017Q4 us-gaap Machinery And Equipment Gross
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593300000 USD
CY2016Q4 us-gaap Minority Interest
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11900000 USD
CY2017Q4 us-gaap Minority Interest
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3300000 USD
CY2017Q4 us-gaap Minority Interest In Joint Ventures
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2300000 USD
CY2017Q4 us-gaap Minority Interest Ownership Percentage By Parent
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0.049
CY2015 us-gaap Net Cash Provided By Used In Financing Activities
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-143800000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-100400000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
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-80800000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
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-35200000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
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-50600000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
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-86700000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
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229300000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
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318100000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
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317500000 USD
CY2015 us-gaap Net Income Loss
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228900000 USD
CY2016 us-gaap Net Income Loss
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122800000 USD
CY2017Q1 us-gaap Net Income Loss
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63100000 USD
CY2017Q2 us-gaap Net Income Loss
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69200000 USD
CY2017Q3 us-gaap Net Income Loss
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68200000 USD
CY2017Q4 us-gaap Net Income Loss
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-28700000 USD
CY2017 us-gaap Net Income Loss
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171800000 USD
CY2015 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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1100000 USD
CY2016 us-gaap Nonoperating Income Expense
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-36200000 USD
CY2016 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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1000000 USD
CY2017 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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700000 USD
CY2015Q4 us-gaap Noncurrent Assets
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1856600000 USD
CY2016Q4 us-gaap Noncurrent Assets
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1993600000 USD
CY2017Q4 us-gaap Noncurrent Assets
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2109800000 USD
CY2015 us-gaap Nonoperating Income Expense
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-36400000 USD
CY2017 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-34400000 USD
CY2017 us-gaap Number Of Reportable Segments
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4 Segment
CY2017 us-gaap Number Of Reporting Units
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7 Segment
CY2015 us-gaap Operating Expenses
OperatingExpenses
2367600000 USD
CY2016 us-gaap Operating Expenses
OperatingExpenses
2547700000 USD
CY2017 us-gaap Operating Expenses
OperatingExpenses
2384100000 USD
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
372900000 USD
CY2016Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
85500000 USD
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
102600000 USD
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
103800000 USD
CY2016Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-91600000 USD
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
200300000 USD
CY2017Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
96600000 USD
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
109000000 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
105400000 USD
CY2017Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
90900000 USD
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
401900000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due
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95000000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Current
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21300000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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8000000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
9600000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
11600000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
17500000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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27000000 USD
CY2016Q4 us-gaap Other Accrued Liabilities Current
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93200000 USD
CY2017Q4 us-gaap Other Accrued Liabilities Current
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111400000 USD
CY2016Q4 us-gaap Other Assets Current
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19500000 USD
CY2017Q4 us-gaap Other Assets Current
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19600000 USD
CY2016Q4 us-gaap Other Assets Noncurrent
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95000000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
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114600000 USD
CY2016 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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-106500000 USD
CY2017 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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86800000 USD
CY2015 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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-70100000 USD
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-64700000 USD
CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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86900000 USD
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-78500000 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-99900000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
96100000 USD
CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
8400000 USD
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
35200000 USD
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-9200000 USD
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2015 us-gaap Proceeds And Excess Tax Benefit From Sharebased Compensation
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1600000 USD
CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
0 USD
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
0 USD
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
115800000 USD
CY2016Q4 us-gaap Other Inventory Net Of Reserves
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38200000 USD
CY2017Q4 us-gaap Other Inventory Net Of Reserves
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46100000 USD
CY2016Q4 us-gaap Other Liabilities Noncurrent
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99800000 USD
CY2017Q4 us-gaap Other Liabilities Noncurrent
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107700000 USD
CY2015 us-gaap Other Nonoperating Income Expense
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-700000 USD
CY2016 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1600000 USD
CY2017 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-800000 USD
CY2015 us-gaap Payments For Environmental Liabilities
PaymentsForEnvironmentalLiabilities
18200000 USD
CY2016 us-gaap Payments For Environmental Liabilities
PaymentsForEnvironmentalLiabilities
11600000 USD
CY2017 us-gaap Payments For Environmental Liabilities
PaymentsForEnvironmentalLiabilities
6300000 USD
CY2014 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
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-13600000 USD
CY2016 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
0 USD
CY2017 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
0 USD
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
25000000 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
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0 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
25000000 USD
CY2015 us-gaap Payments Of Debt Issuance Costs
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0 USD
CY2016 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2017 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2600000 USD
CY2015 us-gaap Payments Of Dividends
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76600000 USD
CY2016 us-gaap Payments Of Dividends
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77200000 USD
CY2017 us-gaap Payments Of Dividends
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78400000 USD
CY2015 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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0 USD
CY2016 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
54800000 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
39600000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
51500000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
49000000 USD
CY2015 us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
17900000 USD
CY2016 us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
8800000 USD
CY2017 us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
13200000 USD
CY2015 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
-11600000 USD
CY2016 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
-9100000 USD
CY2017 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
-8500000 USD
CY2016Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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249100000 USD
CY2017Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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240500000 USD
CY2016Q4 us-gaap Percentage Of Lifo Inventory
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0.34
CY2017Q4 us-gaap Percentage Of Lifo Inventory
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0.32
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.01
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Preferred Stock Shares Authorized
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5000000 shares
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2017 us-gaap Proceeds From Minority Shareholders
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14100000 USD
CY2015 us-gaap Proceeds From Repayments Of Commercial Paper
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48800000 USD
CY2016 us-gaap Proceeds And Excess Tax Benefit From Sharebased Compensation
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400000 USD
CY2016Q4 us-gaap Preferred Stock Value
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0 USD
CY2016 us-gaap Proceeds From Repayments Of Commercial Paper
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-49600000 USD
CY2017 us-gaap Proceeds From Repayments Of Commercial Paper
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0 USD
CY2015 us-gaap Proceeds From Repayments Of Short Term Debt
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-100000000 USD
CY2016 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
0 USD
CY2017 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
0 USD
CY2015 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
4400000 USD
CY2016 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
900000 USD
CY2017 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
22300000 USD
CY2015 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
8900000 USD
CY2016 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
26400000 USD
CY2017 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
25200000 USD
CY2016 us-gaap Product Warranty Accrual Additions From Business Acquisition
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0 USD
CY2017 us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
100000 USD
CY2015Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
15100000 USD
CY2016Q4 us-gaap Product Warranty Accrual Classified Current
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15500000 USD
CY2017Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
14600000 USD
CY2016 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
13400000 USD
CY2017 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
14700000 USD
CY2016 us-gaap Product Warranty Expense
ProductWarrantyExpense
14500000 USD
CY2017 us-gaap Product Warranty Expense
ProductWarrantyExpense
13400000 USD
CY2015 us-gaap Profit Loss
ProfitLoss
230000000 USD
CY2016 us-gaap Profit Loss
ProfitLoss
123800000 USD
CY2017 us-gaap Profit Loss
ProfitLoss
172500000 USD
CY2016Q4 us-gaap Property Plant And Equipment Gross
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826900000 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
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839400000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
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278900000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
282400000 USD
CY2015 us-gaap Provision For Loan Lease And Other Losses
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3000000 USD
CY2016 us-gaap Provision For Loan Lease And Other Losses
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6100000 USD
CY2017 us-gaap Provision For Loan Lease And Other Losses
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2200000 USD
CY2017Q4 us-gaap Ratio Of Indebtedness To Net Capital1
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0.36
CY2016 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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-7100000 USD
CY2017 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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-9200000 USD
CY2015 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
62800000 USD
CY2016 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
61500000 USD
CY2017 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
58500000 USD
CY2017Q4 us-gaap Restructuring And Related Cost Expected Cost Remaining1
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16700000 USD
CY2017 us-gaap Restructuring And Related Cost Expected Number Of Positions Eliminated
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300
CY2017 us-gaap Restructuring And Related Cost Number Of Positions Eliminated Period Percent
RestructuringAndRelatedCostNumberOfPositionsEliminatedPeriodPercent
0.03
CY2015 us-gaap Restructuring Charges
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7800000 USD
CY2016 us-gaap Restructuring Charges
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0 USD
CY2017 us-gaap Restructuring Charges
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13000000 USD
CY2015 us-gaap Restructuring Costs
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2000000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
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1719900000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
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1813300000 USD
CY2015 us-gaap Sales Revenue Net
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2740500000 USD
CY2016 us-gaap Restructuring Costs
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0 USD
CY2017 us-gaap Restructuring Costs
RestructuringCosts
0 USD
CY2016Q1 us-gaap Sales Revenue Net
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660000000 USD
CY2016Q2 us-gaap Sales Revenue Net
SalesRevenueNet
712200000 USD
CY2016Q3 us-gaap Sales Revenue Net
SalesRevenueNet
694200000 USD
CY2016Q4 us-gaap Sales Revenue Net
SalesRevenueNet
681600000 USD
CY2016 us-gaap Sales Revenue Net
SalesRevenueNet
2748000000 USD
CY2017Q1 us-gaap Sales Revenue Net
SalesRevenueNet
673400000 USD
CY2017Q2 us-gaap Sales Revenue Net
SalesRevenueNet
702500000 USD
CY2017Q3 us-gaap Sales Revenue Net
SalesRevenueNet
695900000 USD
CY2017Q4 us-gaap Sales Revenue Net
SalesRevenueNet
714200000 USD
CY2017 us-gaap Sales Revenue Net
SalesRevenueNet
2786000000 USD
CY2015 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
566500000 USD
CY2016 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
597000000 USD
CY2017 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
592400000 USD
CY2017 us-gaap Severance Costs1
SeveranceCosts1
24100000 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
21300000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
21700000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
21800000 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0295
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0408
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0227
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0132
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0159
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0194
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.2497
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.2341
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.2332
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
861000 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
54.51
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
7900000 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
14800000 USD
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
16900000 USD
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
74000 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
54.02
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
563000 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
9.80
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
6.52
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
12.98
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2724000 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2550000 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
51.41
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
56.45
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
2100000 USD
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
15800000 USD
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
29900000 USD
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
50.82
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
73.90
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y2M12D
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y2M12D
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y2M12D
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y4M2D
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y2M1D
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
9000000 USD
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
7800000 USD
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
6300000 USD
CY2016Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
0 USD
CY2017Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
249400000 USD
CY2017Q4 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
11400000 USD
CY2016 us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-700000 USD
CY2017 us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
300000 USD
CY2017 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
663000 shares
CY2015 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
11300000 USD
CY2016 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
11500000 USD
CY2015 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
11100000 USD
CY2016 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
30400000 USD
CY2017 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
30600000 USD
CY2015 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
25000000 USD
CY2017 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
25000000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
1133800000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
1345200000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1070600000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1150800000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1145700000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1348500000 USD
CY2016Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
13461280 shares
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
13014503 shares
CY2015 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
398095 shares
CY2016 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
CY2017 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
331632 shares
CY2016Q4 us-gaap Treasury Stock Value
TreasuryStockValue
459300000 USD
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
452100000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
40700000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
45200000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
46500000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
46400000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
2100000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
7300000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1500000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
1200000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
300000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
6200000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
6500000 USD
CY2015 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
1100000 USD
CY2016 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
400000 USD
CY2017 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
300000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
9200000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
10300000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
5200000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
1500000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
500000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
2500000 USD
CY2015 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
4100000 USD
CY2016 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1000000 USD
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
6000000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
46600000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
47600000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
49200000 USD
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
58800000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
59300000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
60400000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
58100000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
58500000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
59400000 shares
CY2017 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates. </font><font style="font-family:inherit;font-size:10pt;">These accounting principles require management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expense during the reporting period. Actual results may differ from those estimated. Estimates and assumptions are reviewed periodically, and the effects of revisions are reflected in the financial statements in the period in which they are determined to be necessary. Estimates are used when accounting for such items as asset valuations, allowance for doubtful accounts, depreciation and amortization, impairment assessments, reserve for excess and obsolete inventory, reserve for warranty provision, restructuring provisions, employee benefits, taxes, asbestos liability and related insurance receivable, environmental liability and contingencies.</font></div></div>

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