2015 Q4 Form 10-Q Financial Statement

#000002990515000046 Filed on October 20, 2015

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2014 Q3
Revenue $1.695B $1.788B $2.010B
YoY Change -14.33% -11.05% 8.59%
Cost Of Revenue $1.074B $1.115B $1.235B
YoY Change -14.4% -9.73% 4.33%
Gross Profit $613.8M $672.6M $774.4M
YoY Change -15.2% -13.15% 6.96%
Gross Profit Margin 36.22% 37.63% 38.54%
Selling, General & Admin $405.2M $395.7M $426.2M
YoY Change -11.99% -7.15% 4.38%
% of Gross Profit 66.01% 58.83% 55.03%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $91.70M $38.19M $37.72M
YoY Change 12.79% 1.24% -48.04%
% of Gross Profit 14.94% 5.68% 4.87%
Operating Expenses $405.2M $395.7M $426.2M
YoY Change -11.99% -7.15% 4.38%
Operating Profit $208.6M $276.9M $348.3M
YoY Change -20.82% -20.49% 0.05%
Interest Expense -$33.80M -$31.00M -$30.20M
YoY Change 7.99% 2.65% 0.0%
% of Operating Profit -16.2% -11.19% -8.67%
Other Income/Expense, Net $6.100M $367.0K $1.032M
YoY Change -608.33% -64.44% -683.05%
Pretax Income $169.5M $245.3M $318.1M
YoY Change -26.62% -22.88% 0.12%
Income Tax $32.90M $58.82M $92.38M
% Of Pretax Income 19.41% 23.98% 29.04%
Net Earnings $141.8M $186.1M $231.8M
YoY Change -16.23% -19.73% -13.85%
Net Earnings / Revenue 8.37% 10.41% 11.54%
Basic Earnings Per Share $0.92 $1.20 $1.40
Diluted Earnings Per Share $0.91 $1.19 $1.38
COMMON SHARES
Basic Shares Outstanding 155.0M shares 155.3M shares 166.0M shares
Diluted Shares Outstanding 156.6M shares 168.3M shares

Balance Sheet

Concept 2015 Q4 2015 Q3 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $362.0M $663.0M $706.0M
YoY Change -46.92% -6.09% -4.59%
Cash & Equivalents $362.2M $662.7M $706.2M
Short-Term Investments
Other Short-Term Assets $133.0M $148.0M $163.0M
YoY Change 30.39% -9.2% 18.98%
Inventory $802.9M $810.7M $908.0M
Prepaid Expenses
Receivables $1.120B $1.194B $1.339B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.419B $2.815B $3.116B
YoY Change -14.64% -9.67% -4.5%
LONG-TERM ASSETS
Property, Plant & Equipment $854.3M $824.0M $818.7M
YoY Change 2.05% 0.65% -28.73%
Goodwill $3.737B $3.442B $3.446B
YoY Change 7.04% -0.13% -17.13%
Intangibles $1.413B $1.230B $1.327B
YoY Change 3.19% -7.3% -14.52%
Long-Term Investments
YoY Change
Other Assets $182.2M $167.9M $239.7M
YoY Change 6.54% -29.96% 44.2%
Total Long-Term Assets $6.187B $5.664B $5.843B
YoY Change -0.15% -3.06% -21.06%
TOTAL ASSETS
Total Short-Term Assets $2.419B $2.815B $3.116B
Total Long-Term Assets $6.187B $5.664B $5.843B
Total Assets $8.606B $8.479B $8.959B
YoY Change -4.7% -5.36% -16.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $650.9M $622.8M $649.8M
YoY Change 5.78% -4.15% -4.16%
Accrued Expenses $558.0M $550.0M $583.0M
YoY Change 1.27% -5.66% -12.72%
Deferred Revenue
YoY Change
Short-Term Debt $151.0M $161.0M $151.0M
YoY Change -68.41% 6.62%
Long-Term Debt Due $122.0K $300.1M $2.566M
YoY Change -99.96% 11595.44% -20.68%
Total Short-Term Liabilities $1.367B $1.669B $1.394B
YoY Change -32.94% 19.71% -30.94%
LONG-TERM LIABILITIES
Long-Term Debt $2.604B $2.225B $2.570B
YoY Change 15.56% -13.43% 17.35%
Other Long-Term Liabilities $415.0M $449.7M $458.3M
YoY Change -13.97% -1.88% -11.74%
Total Long-Term Liabilities $3.019B $2.675B $3.029B
YoY Change 10.35% -11.69% 11.78%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.367B $1.669B $1.394B
Total Long-Term Liabilities $3.019B $2.675B $3.029B
Total Liabilities $4.386B $4.343B $4.423B
YoY Change -8.14% -1.79% -6.46%
SHAREHOLDERS EQUITY
Retained Earnings $7.687B
YoY Change 8.65%
Common Stock $1.185B
YoY Change 2.4%
Preferred Stock
YoY Change
Treasury Stock (at cost) $4.972B
YoY Change 13.73%
Treasury Stock Shares 101.1M shares
Shareholders Equity $3.645B $3.566B $3.922B
YoY Change
Total Liabilities & Shareholders Equity $8.606B $8.479B $8.959B
YoY Change -4.7% -5.36% -16.0%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2014 Q3
OPERATING ACTIVITIES
Net Income $141.8M $186.1M $231.8M
YoY Change -16.23% -19.73% -13.85%
Depreciation, Depletion And Amortization $91.70M $38.19M $37.72M
YoY Change 12.79% 1.24% -48.04%
Cash From Operating Activities $294.3M $200.6M $290.6M
YoY Change -30.7% -30.97% -15.84%
INVESTING ACTIVITIES
Capital Expenditures -$43.00M -$39.50M -$31.50M
YoY Change -24.83% 25.4% -20.65%
Acquisitions
YoY Change
Other Investing Activities -$572.6M $6.100M -$44.80M
YoY Change 36.53% -113.62% -36.63%
Cash From Investing Activities -$615.6M -$33.50M -$76.30M
YoY Change 29.16% -56.09% -30.89%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $100.0M $75.02M
YoY Change 33.34%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 19.10M -86.10M -38.50M
YoY Change -61.02% 123.64% -65.75%
NET CHANGE
Cash From Operating Activities 294.3M 200.6M 290.6M
Cash From Investing Activities -615.6M -33.50M -76.30M
Cash From Financing Activities 19.10M -86.10M -38.50M
Net Change In Cash -302.2M 81.00M 175.8M
YoY Change 10320.69% -53.92% 43.51%
FREE CASH FLOW
Cash From Operating Activities $294.3M $200.6M $290.6M
Capital Expenditures -$43.00M -$39.50M -$31.50M
Free Cash Flow $337.3M $240.1M $322.1M
YoY Change -30.01% -25.46% -16.34%

Facts In Submission

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DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
8608000 USD
CY2014Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
5649000 USD
us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
3297000 USD
CY2015Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
-354000 USD
us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
3147000 USD
CY2014Q3 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
4630000 USD
us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
11345000 USD
CY2015Q3 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
254000 USD
us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
5461000 USD
CY2014Q4 us-gaap Disposal Group Including Discontinued Operation Accounts Notes And Loans Receivable Net
DisposalGroupIncludingDiscontinuedOperationAccountsNotesAndLoansReceivableNet
46691000 USD
CY2015Q3 us-gaap Disposal Group Including Discontinued Operation Accounts Notes And Loans Receivable Net
DisposalGroupIncludingDiscontinuedOperationAccountsNotesAndLoansReceivableNet
0 USD
CY2014Q4 us-gaap Disposal Group Including Discontinued Operation Accounts Payable
DisposalGroupIncludingDiscontinuedOperationAccountsPayable
21199000 USD
CY2015Q3 us-gaap Disposal Group Including Discontinued Operation Accounts Payable
DisposalGroupIncludingDiscontinuedOperationAccountsPayable
0 USD
CY2014Q4 us-gaap Disposal Group Including Discontinued Operation Deferred Tax Liabilities
DisposalGroupIncludingDiscontinuedOperationDeferredTaxLiabilities
8752000 USD
CY2015Q3 us-gaap Disposal Group Including Discontinued Operation Deferred Tax Liabilities
DisposalGroupIncludingDiscontinuedOperationDeferredTaxLiabilities
0 USD
CY2014Q4 us-gaap Disposal Group Including Discontinued Operation Inventory Current
DisposalGroupIncludingDiscontinuedOperationInventoryCurrent
58401000 USD
CY2015Q3 us-gaap Disposal Group Including Discontinued Operation Inventory Current
DisposalGroupIncludingDiscontinuedOperationInventoryCurrent
0 USD
CY2014Q4 us-gaap Disposal Group Including Discontinued Operation Other Current Assets
DisposalGroupIncludingDiscontinuedOperationOtherCurrentAssets
8571000 USD
CY2015Q3 us-gaap Disposal Group Including Discontinued Operation Other Current Assets
DisposalGroupIncludingDiscontinuedOperationOtherCurrentAssets
0 USD
CY2014Q4 us-gaap Disposal Group Including Discontinued Operation Other Current Liabilities
DisposalGroupIncludingDiscontinuedOperationOtherCurrentLiabilities
17675000 USD
CY2015Q3 us-gaap Disposal Group Including Discontinued Operation Other Current Liabilities
DisposalGroupIncludingDiscontinuedOperationOtherCurrentLiabilities
0 USD
CY2014Q4 us-gaap Disposal Group Including Discontinued Operation Other Noncurrent Assets
DisposalGroupIncludingDiscontinuedOperationOtherNoncurrentAssets
137000 USD
CY2015Q3 us-gaap Disposal Group Including Discontinued Operation Other Noncurrent Assets
DisposalGroupIncludingDiscontinuedOperationOtherNoncurrentAssets
0 USD
CY2014Q4 us-gaap Disposal Group Including Discontinued Operation Other Noncurrent Liabilities
DisposalGroupIncludingDiscontinuedOperationOtherNoncurrentLiabilities
3092000 USD
CY2015Q3 us-gaap Disposal Group Including Discontinued Operation Other Noncurrent Liabilities
DisposalGroupIncludingDiscontinuedOperationOtherNoncurrentLiabilities
0 USD
CY2014Q4 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment
31573000 USD
CY2015Q3 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment
0 USD
CY2014Q3 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
83260000 USD
us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
490517000 USD
CY2015Q3 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
0 USD
us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
72869000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
192744000 USD
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.40
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.62
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.20
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.59
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.38
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.57
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.19
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.55
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-18616000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-27731000 USD
CY2014Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.290
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.298
CY2015Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.240
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.272
CY2014Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
272822000 USD
CY2015Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
215569000 USD
CY2014Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
2914000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
8749000 USD
CY2015Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
2368000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
9049000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
733043000 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
843627000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1936645000 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1908283000 USD
CY2014Q4 us-gaap Goodwill
Goodwill
3491557000 USD
CY2015Q3 us-gaap Goodwill
Goodwill
3441780000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
2076000 USD
us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
8604000 USD
us-gaap Goodwill Translation Adjustments
GoodwillTranslationAdjustments
-41329000 USD
us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
19128000 USD
CY2014Q3 us-gaap Gross Profit
GrossProfit
774422000 USD
us-gaap Gross Profit
GrossProfit
2250381000 USD
CY2015Q3 us-gaap Gross Profit
GrossProfit
672608000 USD
us-gaap Gross Profit
GrossProfit
1954335000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
225683000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
606305000 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
186483000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
459307000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
318063000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
863220000 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
245304000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
631120000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.36
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
3.62
CY2015Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.20
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.90
CY2014Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.34
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
3.57
CY2015Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.19
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.87
CY2014Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
6161000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-364000 USD
CY2015Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-385000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
268697000 USD
CY2014Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.04
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2015Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
1.70
CY2014Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.04
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2015Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
1.68
CY2014Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
92380000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
256915000 USD
CY2015Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
58821000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
171813000 USD
CY2014Q3 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
5524000 USD
us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
7429000 USD
CY2015Q3 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
8131000 USD
us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
8131000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
91147000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
33979000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
209881000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
40528000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
7111000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-5943000 USD
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-20843000 USD
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-63487000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
107093000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-22058000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
24032000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
15774000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
15944000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1441000 USD
CY2014Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1369520000 USD
CY2015Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1230312000 USD
CY2014Q3 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
32501000 USD
us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
99125000 USD
CY2015Q3 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
33098000 USD
us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
99156000 USD
CY2014Q3 us-gaap Interest Income Operating
InterestIncomeOperating
1270000 USD
us-gaap Interest Income Operating
InterestIncomeOperating
3278000 USD
CY2015Q3 us-gaap Interest Income Operating
InterestIncomeOperating
1115000 USD
us-gaap Interest Income Operating
InterestIncomeOperating
3148000 USD
CY2014Q3 us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
-31231000 USD
us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
-95847000 USD
CY2015Q3 us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
-31983000 USD
us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
-96008000 USD
CY2014Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
483912000 USD
CY2015Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
433631000 USD
CY2014Q4 us-gaap Inventory Gross
InventoryGross
983643000 USD
CY2015Q3 us-gaap Inventory Gross
InventoryGross
923029000 USD
CY2014Q4 us-gaap Inventory Net
InventoryNet
863737000 USD
CY2015Q3 us-gaap Inventory Net
InventoryNet
810715000 USD
CY2014Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
352016000 USD
CY2015Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
342173000 USD
CY2014Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
119906000 USD
CY2015Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
112314000 USD
CY2014Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
147715000 USD
CY2015Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
147225000 USD
CY2015Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
114559000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
9090385000 USD
CY2015Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
8478820000 USD
CY2014Q4 us-gaap Liabilities Current
LiabilitiesCurrent
2039354000 USD
CY2015Q3 us-gaap Liabilities Current
LiabilitiesCurrent
1668699000 USD
CY2014Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
50718000 USD
CY2015Q3 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
0 USD
CY2014Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
38874000 USD
CY2015Q3 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
0 USD
us-gaap Line Of Credit Facility Covenant Compliance
LineOfCreditFacilityCovenantCompliance
The Company was in compliance with this covenant and its other long-term debt covenants at September 30, 2015, and it expects to remain in compliance with all of its debt covenants.
us-gaap Line Of Credit Facility Covenant Terms
LineOfCreditFacilityCovenantTerms
Under the credit facility, the Company is required to maintain an interest coverage ratio of EBITDA to consolidated net interest expense of not less than 3.0 to 1.
CY2014Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
299956000 USD
CY2015Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
300105000 USD
CY2014Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2253041000 USD
CY2015Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2224943000 USD
us-gaap Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
28129000 USD
us-gaap Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
-93673000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-304509000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1110966000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-308038000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
581006000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
505386000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
632456000 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
231844000 USD
us-gaap Net Income Loss
NetIncomeLoss
605941000 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
186098000 USD
us-gaap Net Income Loss
NetIncomeLoss
728004000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4 segments
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
348262000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
951993000 USD
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
276920000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
721318000 USD
CY2014Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
168246000 USD
CY2015Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
167867000 USD
CY2014Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-70369000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-76771000 USD
CY2015Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-57213000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-101755000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
2134000 USD
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
6412000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
1885000 USD
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
5656000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
1516000 USD
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
4300000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
1227000 USD
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
3682000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-62847000 USD
us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-59530000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-50504000 USD
us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-76263000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax
-457000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax
-1355000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax
-760000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax
505000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-297000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-881000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-493000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
329000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
-160000 USD
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
6500000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
-474000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
-267000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
176000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-67629000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-72861000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-55942000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-95087000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-78775000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-85177000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
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CY2015Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
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8472000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
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3802000 USD
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CY2015Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
1951000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
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5871000 USD
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PaymentsForRepurchaseOfCommonStock
75017000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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PaymentsForRepurchaseOfCommonStock
100030000 USD
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PaymentsForRepurchaseOfCommonStock
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us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
19800000 USD
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PaymentsToAcquireBusinessesGross
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
4808000 USD
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PaymentsToAcquireBusinessesNetOfCashAcquired
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PaymentsToAcquireBusinessesNetOfCashAcquired
6500000 USD
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PaymentsToAcquirePropertyPlantAndEquipment
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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PreferredStockParOrStatedValuePerShare
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CY2015Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
100
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CY2015Q3 us-gaap Preferred Stock Shares Authorized
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ProceedsFromRepaymentsOfCommercialPaper
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us-gaap Proceeds From Sale Of Property Plant And Equipment
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us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
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PropertyPlantAndEquipmentGross
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PropertyPlantAndEquipmentNet
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us-gaap Repayments Of Long Term Debt
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us-gaap Restructuring Charges
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us-gaap Restructuring Reserve Translation Adjustment
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us-gaap Sales Revenue Net
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StandardProductWarrantyAccrual
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CY2014 us-gaap Stockholders Equity Note Spinoff Transaction
StockholdersEquityNoteSpinoffTransaction
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CY2014Q3 us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax
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20700000 USD
us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax
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22872000 USD
CY2015Q3 us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax
2360000 USD
us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax
18172000 USD
CY2014Q3 us-gaap Treasury Stock Acquired Average Cost Per Share
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87.53
us-gaap Treasury Stock Acquired Average Cost Per Share
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82.76
CY2015Q3 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
66.24
us-gaap Treasury Stock Acquired Average Cost Per Share
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72.94
CY2014Q4 us-gaap Treasury Stock Number Of Shares Held
TreasuryStockNumberOfSharesHeld
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CY2015Q3 us-gaap Treasury Stock Number Of Shares Held
TreasuryStockNumberOfSharesHeld
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CY2014Q3 us-gaap Treasury Stock Shares Acquired
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us-gaap Treasury Stock Value Acquired Cost Method
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600164000 USD
CY2014Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2322000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2360000 shares
CY2015Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1260000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1605000 shares
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
167401000 shares
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
155300000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
158507000 shares

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