2019 Q2 Form 10-Q Financial Statement

#000071251519000049 Filed on August 06, 2019

View on sec.gov

Income Statement

Concept 2019 Q2 2018 Q2
Revenue $1.209B $1.137B
YoY Change 6.33% -21.53%
Cost Of Revenue $187.0M $215.0M
YoY Change -13.02% 39.61%
Gross Profit $1.022B $922.0M
YoY Change 10.85% -28.8%
Gross Profit Margin 84.53% 81.09%
Selling, General & Admin $220.0M $254.0M
YoY Change -13.39% 12.39%
% of Gross Profit 21.53% 27.55%
Research & Development $381.0M $362.0M
YoY Change 5.25% 11.38%
% of Gross Profit 37.28% 39.26%
Depreciation & Amortization $30.00M $30.00M
YoY Change 0.0% 3.45%
% of Gross Profit 2.94% 3.25%
Operating Expenses $607.0M $622.0M
YoY Change -2.41% 12.68%
Operating Profit $415.0M $300.0M
YoY Change 38.33% -59.62%
Interest Expense $11.00M $11.00M
YoY Change 0.0% -200.0%
% of Operating Profit 2.65% 3.67%
Other Income/Expense, Net $21.00M $19.00M
YoY Change 10.53% 216.67%
Pretax Income $436.0M $319.0M
YoY Change 36.68% -57.41%
Income Tax -$985.0M $26.00M
% Of Pretax Income -225.92% 8.15%
Net Earnings $1.421B $293.0M
YoY Change 384.98% -54.5%
Net Earnings / Revenue 117.54% 25.77%
Basic Earnings Per Share $4.78 $0.96
Diluted Earnings Per Share $4.75 $0.95
COMMON SHARES
Basic Shares Outstanding 297.0M shares 306.0M shares
Diluted Shares Outstanding 299.0M shares 310.0M shares

Balance Sheet

Concept 2019 Q2 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.187B $4.971B
YoY Change 4.35% 11.21%
Cash & Equivalents $3.533B $3.876B
Short-Term Investments $1.654B $1.095B
Other Short-Term Assets $307.0M $282.0M
YoY Change 8.87% 34.29%
Inventory
Prepaid Expenses
Receivables $329.0M $543.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $5.800B $5.624B
YoY Change 3.13% 14.73%
LONG-TERM ASSETS
Property, Plant & Equipment $446.0M $440.0M
YoY Change 1.36% 0.92%
Goodwill $1.892B $1.886B
YoY Change 0.32% 10.42%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $329.0M $98.00M
YoY Change 235.71% 8.89%
Total Long-Term Assets $3.949B $2.623B
YoY Change 50.55% 6.07%
TOTAL ASSETS
Total Short-Term Assets $5.800B $5.624B
Total Long-Term Assets $3.949B $2.623B
Total Assets $9.749B $8.247B
YoY Change 18.21% 11.82%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $56.00M $47.00M
YoY Change 19.15% 23.68%
Accrued Expenses $1.099B $815.0M
YoY Change 34.85% 14.95%
Deferred Revenue $125.0M $129.0M
YoY Change -3.1%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.650B $1.464B
YoY Change 12.7% -10.13%
LONG-TERM LIABILITIES
Long-Term Debt $995.0M $993.0M
YoY Change 0.2% 0.2%
Other Long-Term Liabilities $294.0M $253.0M
YoY Change 16.21% 64.29%
Total Long-Term Liabilities $294.0M $253.0M
YoY Change 16.21% 64.29%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.650B $1.464B
Total Long-Term Liabilities $294.0M $253.0M
Total Liabilities $3.264B $2.987B
YoY Change 9.27% 3.39%
SHAREHOLDERS EQUITY
Retained Earnings $6.499B $4.652B
YoY Change 39.7% 27.0%
Common Stock $3.000M $342.0M
YoY Change -99.12% -61.74%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.485B $5.260B
YoY Change
Total Liabilities & Shareholders Equity $9.749B $8.247B
YoY Change 18.21% 11.82%

Cashflow Statement

Concept 2019 Q2 2018 Q2
OPERATING ACTIVITIES
Net Income $1.421B $293.0M
YoY Change 384.98% -54.5%
Depreciation, Depletion And Amortization $30.00M $30.00M
YoY Change 0.0% 3.45%
Cash From Operating Activities $158.0M $120.0M
YoY Change 31.67% -31.82%
INVESTING ACTIVITIES
Capital Expenditures -$45.00M -$32.00M
YoY Change 40.63% -3.03%
Acquisitions $0.00 $50.00M
YoY Change -100.0%
Other Investing Activities -$905.0M -$71.00M
YoY Change 1174.65% -72.16%
Cash From Investing Activities -$950.0M -$103.0M
YoY Change 822.33% -64.24%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $305.0M $300.0M
YoY Change 1.67% 100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -385.0M -388.0M
YoY Change -0.77% 80.47%
NET CHANGE
Cash From Operating Activities 158.0M 120.0M
Cash From Investing Activities -950.0M -103.0M
Cash From Financing Activities -385.0M -388.0M
Net Change In Cash -1.177B -371.0M
YoY Change 217.25% 13.46%
FREE CASH FLOW
Cash From Operating Activities $158.0M $120.0M
Capital Expenditures -$45.00M -$32.00M
Free Cash Flow $203.0M $152.0M
YoY Change 33.55% -27.27%

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52000000 USD
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CY2019Q2 us-gaap Amortization Of Financing Costs
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1000000 USD
CY2018Q2 us-gaap Amortization Of Financing Costs
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1000000 USD
CY2019Q2 ea Debt Instrument Convertible Coupon Interest Expense
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10000000 USD
CY2018Q2 ea Debt Instrument Convertible Coupon Interest Expense
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10000000 USD
CY2019Q2 us-gaap Interest Expense
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11000000 USD
CY2018Q2 us-gaap Interest Expense
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CY2019Q2 ea Lessee Operating Lease Remaining Lease Term
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CY2019Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P5Y4M24D
CY2019Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.036
CY2019Q2 ea Lessee Operating Lease Liability Payments Due After Year Six
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CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due
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CY2019Q2 us-gaap Operating Lease Expense
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15000000 USD
CY2019Q2 us-gaap Variable Lease Cost
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9000000 USD
CY2019Q2 us-gaap Short Term Lease Cost
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7000000 USD
CY2019Q2 us-gaap Operating Lease Cost
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31000000 USD
CY2019Q2 us-gaap Operating Lease Payments
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13000000 USD
CY2019Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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4000000 USD
CY2019Q2 us-gaap Operating Lease Right Of Use Asset
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215000000 USD
CY2019Q2 us-gaap Operating Lease Right Of Use Asset
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206000000 USD
CY2019Q2 us-gaap Operating Lease Liability Current
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50000000 USD
CY2019Q2 us-gaap Operating Lease Liability Current
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55000000 USD
CY2019Q2 us-gaap Operating Lease Liability Noncurrent
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CY2019Q2 us-gaap Operating Lease Liability Noncurrent
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185000000 USD
CY2019Q2 us-gaap Operating Lease Liability
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247000000 USD
CY2019Q2 us-gaap Operating Lease Liability
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240000000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
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46000000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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56000000 USD
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46000000 USD
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29000000 USD
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23000000 USD
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25000000 USD
CY2019Q2 us-gaap Operating Lease Liability
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240000000 USD
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54000000 USD
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1186000000 USD
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489000000 USD
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27000000 USD
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435000000 USD
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400000000 USD
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CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due
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160000000 USD
CY2019Q2 us-gaap Unrecorded Unconditional Purchase Obligation Due In Rolling Year Four
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20000000 USD
CY2019Q2 us-gaap Recorded Unconditional Purchase Obligation
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197000000 USD
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166000000 USD
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131000000 USD
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455000000 USD
CY2019Q2 us-gaap Liability For Uncertain Tax Positions Noncurrent
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CY2019Q2 ea Schedule Of Assumptions Used In Black Scholes Valuation Model
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<div style="line-height:120%;padding-top:12px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The assumptions used in the Monte-Carlo simulation model to value our market-based restricted stock units were as follows:</span><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.90262901655306%;border-collapse:collapse;text-align:left;"><tr><td colspan="7"/></tr><tr><td style="width:68%;"/><td style="width:1%;"/><td style="width:14%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:14%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;font-weight:bold;">Three Months Ended <br/>June 30,</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;font-weight:bold;">2019</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;font-weight:bold;">2018</span></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Risk-free interest rate</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">1.8</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">%</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">2.6</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">%</span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Expected volatility</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">15 - 61%</span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">16 - 47%</span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Weighted-average volatility</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">29</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">%</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">28</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">%</span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Expected dividends</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">None</span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">None</span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div>
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1375000 shares
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
30.63
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
1000 shares
CY2019Q2 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
94.86
CY2019Q2 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
95000 shares
CY2019Q2 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
28.04
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
0 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
0
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1281000 shares
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
30.89
CY2019Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y7M2D
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
90000000 USD
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
1281000 shares
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
30.89
CY2019Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P4Y7M2D
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
90000000 USD
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1281000 shares
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
30.89
CY2019Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y7M2D
CY2019Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
90000000 USD
CY2019Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
73000000 USD
CY2018Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
70000000 USD
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.75
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.95
CY2019Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2000000 shares
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
1421000000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
293000000 USD
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
297000000 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
306000000 shares
CY2019Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2000000 shares
CY2018Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4000000 shares
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
299000000 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
310000000 shares
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.78
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.96
CY2019Q2 us-gaap Revenues
Revenues
1209000000 USD
CY2018Q2 us-gaap Revenues
Revenues
1137000000 USD
CY2019Q2 us-gaap Revenues
Revenues
1209000000 USD
CY2019Q2 us-gaap Revenues
Revenues
1209000000 USD
CY2018Q2 us-gaap Revenues
Revenues
1137000000 USD
CY2018Q2 us-gaap Revenues
Revenues
1137000000 USD

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