2018 Form 8-K Financial Statement

#000175178819000025 Filed on July 25, 2019

View on sec.gov

Income Statement

Concept 2018 2017 Q4 2017 Q3
Revenue $49.60B $12.06B $10.99B
YoY Change 13.43%
Cost Of Revenue $41.07B $10.32B $8.979B
YoY Change 13.0%
Gross Profit $8.530B $1.739B $2.012B
YoY Change 15.58%
Gross Profit Margin 17.2% 14.42% 18.31%
Selling, General & Admin $1.782B -$907.0M $724.0M
YoY Change -0.72%
% of Gross Profit 20.89% -52.16% 35.98%
Research & Development $800.0M $408.0M
YoY Change -0.37%
% of Gross Profit 9.38% 20.28%
Depreciation & Amortization $2.909B $228.0M $801.0M
YoY Change 14.26%
% of Gross Profit 34.1% 13.11% 39.81%
Operating Expenses $2.582B -$907.0M $1.287B
YoY Change -0.62%
Operating Profit $5.948B $2.646B $725.0M
YoY Change 24.38%
Interest Expense -$426.0M -$159.0M -$100.0M
YoY Change -6.17%
% of Operating Profit -7.16% -6.01% -13.79%
Other Income/Expense, Net $96.00M -$300.0M $268.0M
YoY Change -162.34%
Pretax Income $3.749B -$4.134B $1.429B
YoY Change 1481.86%
Income Tax $809.0M $232.0M $624.0M
% Of Pretax Income 21.58% 43.67%
Net Earnings $4.641B -$2.481B $801.0M
YoY Change 898.06%
Net Earnings / Revenue 9.36% -20.57% 7.29%
Basic Earnings Per Share $6.21
Diluted Earnings Per Share $6.21 -$3.443M $1.045M
COMMON SHARES
Basic Shares Outstanding 747.2M shares
Diluted Shares Outstanding 747.2M shares

Balance Sheet

Concept 2018 2017 Q4 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.824B
YoY Change
Cash & Equivalents $2.724B $6.189B
Short-Term Investments $100.0M
Other Short-Term Assets $20.59B $510.0M
YoY Change
Inventory $6.899B $6.045B
Prepaid Expenses
Receivables $5.665B $5.386B
Other Receivables $3.389B $4.208B
Total Short-Term Assets $39.37B $27.89B
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $21.42B $21.58B
YoY Change 7.06%
Goodwill $9.833B
YoY Change 30.39%
Intangibles $4.729B
YoY Change
Long-Term Investments $5.966B $3.107B
YoY Change 4.47%
Other Assets $2.513B $814.0M
YoY Change
Total Long-Term Assets $44.33B $57.96B
YoY Change
TOTAL ASSETS
Total Short-Term Assets $39.37B $27.89B
Total Long-Term Assets $44.33B $57.96B
Total Assets $83.70B $85.85B
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.456B
YoY Change
Accrued Expenses $2.925B $3.389B
YoY Change
Deferred Revenue $116.0M
YoY Change
Short-Term Debt $298.0M $481.0M
YoY Change
Long-Term Debt Due $338.0M
YoY Change
Total Short-Term Liabilities $15.55B $14.58B
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $19.25B
YoY Change
Other Long-Term Liabilities $14.78B $5.193B
YoY Change
Total Long-Term Liabilities $34.03B $5.193B
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $15.55B $14.58B
Total Long-Term Liabilities $34.03B $5.193B
Total Liabilities $51.22B $19.77B
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings $33.74B
YoY Change
Common Stock $6.553B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares 0.000 shares
Shareholders Equity $32.48B $31.52B
YoY Change
Total Liabilities & Shareholders Equity $83.70B $85.85B
YoY Change

Cashflow Statement

Concept 2018 2017 Q4 2017 Q3
OPERATING ACTIVITIES
Net Income $4.641B -$2.481B $801.0M
YoY Change 898.06%
Depreciation, Depletion And Amortization $2.909B $228.0M $801.0M
YoY Change 14.26%
Cash From Operating Activities $4.254B -$2.717B -$2.111B
YoY Change -186.31%
INVESTING ACTIVITIES
Capital Expenditures -$2.117B -$783.0M -$662.0M
YoY Change -29.29%
Acquisitions $20.00M
YoY Change -142.55%
Other Investing Activities $0.00 $3.087B $5.684B
YoY Change -100.0%
Cash From Investing Activities -$2.195B $2.304B $5.022B
YoY Change -129.2%
FINANCING ACTIVITIES
Cash Dividend Paid $3.711B
YoY Change 251.42%
Common Stock Issuance & Retirement, Net -$112.0M
YoY Change 69.7%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$5.404B -1.785B -850.0M
YoY Change 62.53%
NET CHANGE
Cash From Operating Activities $4.254B -2.717B -2.111B
Cash From Investing Activities -$2.195B 2.304B 5.022B
Cash From Financing Activities -$5.404B -1.785B -850.0M
Net Change In Cash -$3.444B -2.198B 2.061B
YoY Change 727.88%
FREE CASH FLOW
Cash From Operating Activities $4.254B -$2.717B -$2.111B
Capital Expenditures -$2.117B -$783.0M -$662.0M
Free Cash Flow $6.371B -$1.934B -$1.449B
YoY Change -429.25%

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316000000 USD
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400000000 USD
CY2018 us-gaap Amortization Of Intangible Assets
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469000000 USD
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1100000 shares
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1100000 shares
CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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104000000 USD
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100000000 USD
CY2018Q4 us-gaap Asset Retirement Obligation
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109000000 USD
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3000000 USD
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45000000 USD
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29000000 USD
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14000000 USD
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1341000000 USD
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1740000000 USD
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8000000 USD
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11000000 USD
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170000000 USD
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21293000000 USD
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1000000 USD
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5000000 USD
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1220000000 USD
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DeferredTaxLiabilitiesDeferredExpenseCapitalizedInventoryCosts
232000000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInventoryCosts
239000000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Deferred Expense Reserves And Accruals
DeferredTaxLiabilitiesDeferredExpenseReservesAndAccruals
174000000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Deferred Expense Reserves And Accruals
DeferredTaxLiabilitiesDeferredExpenseReservesAndAccruals
151000000 USD
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DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
1019000000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
954000000 USD
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DeferredTaxLiabilitiesInvestments
87000000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
84000000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
27000000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
501000000 USD
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DeferredTaxLiabilitiesOther
405000000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
247000000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
2467000000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
2519000000 USD
CY2017Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
30400000000 USD
CY2018Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
28300000000 USD
CY2017Q4 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
23400000000 USD
CY2018Q4 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
22500000000 USD
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CY2017 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
676000000 USD
CY2018 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
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CY2017Q4 us-gaap Defined Benefit Plan Pension Plan With Projected Benefit Obligation In Excess Of Plan Assets Projected Benefit Obligation
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28576000000 USD
CY2018Q4 us-gaap Defined Benefit Plan Pension Plan With Projected Benefit Obligation In Excess Of Plan Assets Projected Benefit Obligation
DefinedBenefitPlanPensionPlanWithProjectedBenefitObligationInExcessOfPlanAssetsProjectedBenefitObligation
26599000000 USD
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DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
27248000000 USD
CY2018Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
25392000000 USD
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19515000000 USD
CY2018Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
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18902000000 USD
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220000000 USD
CY2017 us-gaap Defined Contribution Plan Cost Recognized
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286000000 USD
CY2018 us-gaap Defined Contribution Plan Cost Recognized
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186000000 USD
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CY2017 us-gaap Depreciation
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1955000000 USD
CY2018 us-gaap Depreciation
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2225000000 USD
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2546000000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
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2909000000 USD
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82000000 USD
CY2018Q4 us-gaap Derecognized Assets Securitized Or Assetbacked Financing Arrangement Assets And Any Other Financial Assets Managed Together Delinquent Amount At End Of Period
DerecognizedAssetsSecuritizedOrAssetbackedFinancingArrangementAssetsAndAnyOtherFinancialAssetsManagedTogetherDelinquentAmountAtEndOfPeriod
0 USD
CY2017Q4 us-gaap Derivative Amount Of Hedged Item
DerivativeAmountOfHedgedItem
2390000000 USD
CY2018Q4 us-gaap Derivative Amount Of Hedged Item
DerivativeAmountOfHedgedItem
2290000000 USD
CY2017Q4 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
0 USD
CY2018Q4 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
34000000 USD
CY2017Q4 us-gaap Derivative Asset Fair Value Gross Asset Including Not Subject To Master Netting Arrangement
DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement
273000000 USD
CY2018Q4 us-gaap Derivative Asset Fair Value Gross Asset Including Not Subject To Master Netting Arrangement
DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement
336000000 USD
CY2017Q4 us-gaap Derivative Asset Fair Value Gross Liability And Obligation To Return Cash Offset
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121000000 USD
CY2018Q4 us-gaap Derivative Asset Fair Value Gross Liability And Obligation To Return Cash Offset
DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset
125000000 USD
CY2017Q4 us-gaap Derivative Assets
DerivativeAssets
152000000 USD
CY2018Q4 us-gaap Derivative Assets
DerivativeAssets
211000000 USD
CY2017Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
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-220000000 USD
CY2018Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
-74000000 USD
CY2017Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
372000000 USD
CY2018Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
285000000 USD
CY2017Q4 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
19000000 USD
CY2018Q4 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
26000000 USD
CY2017Q4 us-gaap Derivative Liability Fair Value Gross Asset And Right To Reclaim Cash Offset
DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset
140000000 USD
CY2018Q4 us-gaap Derivative Liability Fair Value Gross Asset And Right To Reclaim Cash Offset
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140000000 USD
CY2017Q4 us-gaap Derivative Liability Fair Value Gross Liability Including Not Subject To Master Netting Arrangement
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512000000 USD
CY2018Q4 us-gaap Derivative Liability Fair Value Gross Liability Including Not Subject To Master Netting Arrangement
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425000000 USD
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4.23
CY2017 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
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2.48
CY2018 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
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2.41
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4.18
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2.48
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2.41
CY2017Q4 us-gaap Disposal Group Including Discontinued Operation Assets Noncurrent
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13730000000 USD
CY2018Q4 us-gaap Disposal Group Including Discontinued Operation Assets Noncurrent
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0 USD
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DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
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CY2017 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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0 USD
CY2018 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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0 USD
CY2016 us-gaap Earnings Per Share Basic
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5.80
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.60
CY2018 us-gaap Earnings Per Share Basic
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6.21
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EarningsPerShareDiluted
5.73
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.60
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.21
CY2016 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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-77000000 USD
CY2017 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
320000000 USD
CY2018 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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-99000000 USD
CY2016 us-gaap Effective Income Tax Rate Continuing Operations
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-0.173
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
6.430
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.216
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.350
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2016 us-gaap Effective Income Tax Rate Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
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-0.017
CY2017 us-gaap Effective Income Tax Rate Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
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-0.527
CY2018 us-gaap Effective Income Tax Rate Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
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-0.033
CY2016 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.149
CY2017 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.612
CY2016 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
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0.000
CY2018 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.067
CY2017 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
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2.208
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0.000
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-0.002
CY2017 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.145
CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.009
CY2016 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
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-0.125
CY2017 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings
0.084
CY2018 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
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0.007
CY2016 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
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0.000
CY2017 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
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-0.397
CY2018 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.010
CY2016 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.029
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.114
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.004
CY2016 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
-0.027
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
0.135
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
0.002
CY2017Q4 us-gaap Employee Related Liabilities Current
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956000000 USD
CY2018Q4 us-gaap Employee Related Liabilities Current
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759000000 USD
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EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
83000000 USD
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
115000000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
42000000 USD
CY2017Q4 us-gaap Employee Stock Ownership Plan Esop Debt Structure Direct Loan Amount
EmployeeStockOwnershipPlanESOPDebtStructureDirectLoanAmount
17000000 USD
CY2018Q4 us-gaap Employee Stock Ownership Plan Esop Debt Structure Direct Loan Amount
EmployeeStockOwnershipPlanESOPDebtStructureDirectLoanAmount
10000000 USD
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57000000 USD
CY2017 us-gaap Environmental Costs Recognized Capitalized In Period
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57000000 USD
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55000000 USD
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EnvironmentalRemediationExpense
503000000 USD
CY2017 us-gaap Environmental Remediation Expense
EnvironmentalRemediationExpense
163000000 USD
CY2018 us-gaap Environmental Remediation Expense
EnvironmentalRemediationExpense
176000000 USD
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612000000 USD
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654000000 USD
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663000000 USD
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2974000000 USD
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EquityMethodInvestments
3107000000 USD
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3320000000 USD
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7000000 USD
CY2018Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
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204000000 USD
CY2017Q4 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
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0 USD
CY2018Q4 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
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0 USD
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23000000 USD
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2842000000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3379000000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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518000000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
392000000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
492000000 USD
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7568000000 USD
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FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
413000000 USD
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FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
470000000 USD
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7601000000 USD
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4726000000 USD
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4222000000 USD
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-209000000 USD
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-296000000 USD
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-1000000 USD
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196000000 USD
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419000000 USD
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38000000 USD
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157000000 USD
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117000000 USD
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18000000 USD
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-1219000000 USD
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-137000000 USD
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0 USD
CY2017 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
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9833000000 USD
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242000000 USD
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-69000000 USD
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-5000000 USD
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-96000000 USD
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82000000 USD
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1778000000 USD
CY2017Q2 us-gaap Gross Profit
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1851000000 USD
CY2017Q3 us-gaap Gross Profit
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2012000000 USD
CY2017Q4 us-gaap Gross Profit
GrossProfit
1739000000 USD
CY2017 us-gaap Gross Profit
GrossProfit
7380000000 USD
CY2018Q1 us-gaap Gross Profit
GrossProfit
2257000000 USD
CY2018Q2 us-gaap Gross Profit
GrossProfit
2249000000 USD
CY2018Q3 us-gaap Gross Profit
GrossProfit
2178000000 USD
CY2018Q4 us-gaap Gross Profit
GrossProfit
1846000000 USD
CY2018 us-gaap Gross Profit
GrossProfit
8530000000 USD
CY2017Q4 us-gaap Guarantee Obligations Current Carrying Value
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179000000 USD
CY2018Q4 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
152000000 USD
CY2017Q4 us-gaap Guarantee Obligations Maximum Exposure
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5323000000 USD
CY2018Q4 us-gaap Guarantee Obligations Maximum Exposure
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5158000000 USD
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1478000000 USD
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614000000 USD
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IncomeLossFromContinuingOperations
812000000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
505000000 USD
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IncomeLossFromContinuingOperations
-3218000000 USD
CY2017 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-1287000000 USD
CY2018Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
925000000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
810000000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
714000000 USD
CY2018Q4 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
491000000 USD
CY2018 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
2940000000 USD
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IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-991000000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-2226000000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
745000000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1260000000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
237000000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3749000000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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us-gaap Payments For Repurchase Of Common Stock
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20000000 USD
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187000000 USD
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26000000 USD
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577000000 USD
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642000000 USD
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1530000000 USD
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3489000000 USD
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2807000000 USD
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2091000000 USD
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113000000 USD
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121000000 USD
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114000000 USD
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202000000 USD
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0 USD
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0 USD
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0.59
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0.32
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0.09
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0.09
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340000000 USD
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0 USD
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66000000 USD
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30000000 USD
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0 USD
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P22Y
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0 USD
CY2018Q4 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of10 Percent Adverse Change In Expected Credit Losses
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CY2017Q4 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of20 Percent Adverse Change In Expected Credit Losses
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1000000 USD
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0.0413
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
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0.0301
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
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0.0213
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0.3160
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
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0.2371
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
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0.2334
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0.0112
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
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0.0128
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
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0.0283
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58.35
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0.0437
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0.0828
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100000000 USD
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9500000000 USD
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32701000000 USD
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612000000 USD
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CY2018 us-gaap Undistributed Continuing Operation Earnings Loss Allocation To Participating Securities Basic
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0 USD
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0 USD
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6218000000 USD
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6014000000 USD
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280000000 USD
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231000000 USD
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255000000 USD
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314000000 USD
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0 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
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0 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
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2000000 USD
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12000000 USD
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4000000 USD
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8000000 USD
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325000000 USD
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12000000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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0 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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89000000 USD
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110000000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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109000000 USD
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-55000000 USD
CY2017 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
2000000 USD
CY2018 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
-12000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
135000000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
12000000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
2000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
153000000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
37000000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
68000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
0 USD
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
9000000 USD
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1000000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
225000000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
245000000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
235000000 USD
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
690900000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
744800000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
747200000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
681600000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
744800000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
747200000 shares
CY2018 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates in Financial Statement Preparation</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in accordance with U.S. GAAP requires the use of estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. The Company&#8217;s consolidated financial statements include amounts that are based on management&#8217;s best estimates and judgments. Actual results could differ from those estimates.</font></div></div>

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