2019 Q1 Form 10-Q Financial Statement

#000104786219000084 Filed on May 02, 2019

View on sec.gov

Income Statement

Concept 2019 Q1 2018 Q4 2018 Q1
Revenue $3.514B $2.949B $3.364B
YoY Change 4.46% -0.41% 4.21%
Cost Of Revenue $810.0M $662.0M $731.0M
YoY Change 10.81% 15.73% 3.54%
Gross Profit $2.704B $2.287B $2.633B
YoY Change 2.7% -4.27% 4.4%
Gross Profit Margin 76.95% 77.55% 78.27%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $413.0M $377.0M $348.0M
YoY Change 18.68% 9.91% 5.78%
% of Gross Profit 15.27% 16.48% 13.22%
Operating Expenses $2.728B $1.761B $2.609B
YoY Change 4.56% -2.38% 7.99%
Operating Profit $786.0M $526.0M $755.0M
YoY Change 4.11% -10.09% -7.02%
Interest Expense -$194.0M -$178.0M -$168.0M
YoY Change 15.48% 9.2% 6.33%
% of Operating Profit -24.68% -33.84% -22.25%
Other Income/Expense, Net $14.00M -$77.00M -$15.00M
YoY Change -193.33% 75.0% -6.25%
Pretax Income $553.0M $402.0M $545.0M
YoY Change 1.47% 6.35% -11.38%
Income Tax $108.0M $71.00M $117.0M
% Of Pretax Income 19.53% 17.66% 21.47%
Net Earnings $424.0M $331.0M $428.0M
YoY Change -0.93% -34.46% 10.31%
Net Earnings / Revenue 12.07% 11.22% 12.72%
Basic Earnings Per Share $1.31 $1.38
Diluted Earnings Per Share $1.31 $1.048M $1.37
COMMON SHARES
Basic Shares Outstanding 322.5M shares 311.4M shares 310.4M shares
Diluted Shares Outstanding 323.4M shares 311.6M shares

Balance Sheet

Concept 2019 Q1 2018 Q4 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $406.0M $895.0M $651.0M
YoY Change -37.63% 12.3% 871.64%
Cash & Equivalents $406.0M $895.0M $651.0M
Short-Term Investments
Other Short-Term Assets $177.0M $122.0M $86.00M
YoY Change 105.81% -31.07% -29.51%
Inventory $327.0M $358.0M $301.0M
Prepaid Expenses $635.0M $187.0M $600.0M
Receivables $1.309B $1.267B $1.250B
Other Receivables $316.0M $334.0M $258.0M
Total Short-Term Assets $3.781B $3.864B $3.773B
YoY Change 0.21% 9.25% 25.06%
LONG-TERM ASSETS
Property, Plant & Equipment $42.15B $41.75B $38.08B
YoY Change 10.71% 11.03% 6.76%
Goodwill $440.0M $440.0M $428.0M
YoY Change 2.8% 2.8% 0.0%
Intangibles $1.630B $1.654B $129.0M
YoY Change 1163.57% 1162.6% 5.74%
Long-Term Investments $1.832B $0.00 $2.012B
YoY Change -8.95% -100.0% 5.12%
Other Assets $7.301B $6.541B $5.040B
YoY Change 44.86% 31.53% -35.14%
Total Long-Term Assets $51.29B $50.06B $45.13B
YoY Change 13.65% 12.3% -0.49%
TOTAL ASSETS
Total Short-Term Assets $3.781B $3.864B $3.773B
Total Long-Term Assets $51.29B $50.06B $45.13B
Total Assets $55.07B $53.92B $48.90B
YoY Change 12.61% 12.07% 1.11%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.010B $1.187B $1.236B
YoY Change -18.28% -7.7% 28.35%
Accrued Expenses $385.0M $238.0M $317.0M
YoY Change 21.45% -4.03% 3.59%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $825.0M $1.389B
YoY Change -100.0% 66.15%
Long-Term Debt Due $2.029B $650.0M $1.291B
YoY Change 57.16% -49.92% 3812.12%
Total Short-Term Liabilities $6.348B $6.207B $5.651B
YoY Change 12.33% 26.62% 64.23%
LONG-TERM LIABILITIES
Long-Term Debt $16.93B $17.50B $14.73B
YoY Change 14.96% 18.76% -0.67%
Other Long-Term Liabilities $8.333B $7.559B $7.220B
YoY Change 15.42% 0.01% 40.3%
Total Long-Term Liabilities $14.28B $13.38B $12.86B
YoY Change 11.09% 2.5% -17.52%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.348B $6.207B $5.651B
Total Long-Term Liabilities $14.28B $13.38B $12.86B
Total Liabilities $20.63B $19.59B $18.51B
YoY Change 11.47% 9.08% -2.74%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $17.37B $16.73B $15.65B
YoY Change
Total Liabilities & Shareholders Equity $55.07B $53.92B $48.90B
YoY Change 12.61% 12.07% 1.11%

Cashflow Statement

Concept 2019 Q1 2018 Q4 2018 Q1
OPERATING ACTIVITIES
Net Income $424.0M $331.0M $428.0M
YoY Change -0.93% -34.46% 10.31%
Depreciation, Depletion And Amortization $413.0M $377.0M $348.0M
YoY Change 18.68% 9.91% 5.78%
Cash From Operating Activities $464.0M $1.095B $143.0M
YoY Change 224.48% -3.95% -68.08%
INVESTING ACTIVITIES
Capital Expenditures $48.00M -$976.0M $35.00M
YoY Change 37.14% -8.53% -69.03%
Acquisitions
YoY Change
Other Investing Activities -$5.000M -$1.548B -$11.00M
YoY Change -54.55% 2568.97% -31.25%
Cash From Investing Activities -$888.0M -$2.524B -$909.0M
YoY Change -2.31% 124.36% 6.19%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $13.00M $13.00M
YoY Change 0.0% 8.33%
Debt Paid & Issued, Net $11.00M $10.00M
YoY Change 10.0% -97.55%
Cash From Financing Activities -$108.0M 2.190B $605.0M
YoY Change -117.85% 204.59% -289.06%
NET CHANGE
Cash From Operating Activities $464.0M 1.095B $143.0M
Cash From Investing Activities -$888.0M -2.524B -$909.0M
Cash From Financing Activities -$108.0M 2.190B $605.0M
Net Change In Cash -$532.0M 761.0M -$161.0M
YoY Change 230.43% 3.68% -77.88%
FREE CASH FLOW
Cash From Operating Activities $464.0M $1.095B $143.0M
Capital Expenditures $48.00M -$976.0M $35.00M
Free Cash Flow $416.0M $2.071B $108.0M
YoY Change 285.19% -6.16% -67.76%

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CY2019Q1 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.04
CY2018Q4 us-gaap Employee Related Liabilities Current
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109000000 USD
CY2019Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
109000000 USD
CY2019Q1 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
14000000 USD
CY2018Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
1000000 USD
CY2019Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
0 USD
CY2018Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
2000000 USD
CY2019Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
-4000000 USD
CY2018Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
1000000 USD
CY2019Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
-3000000 USD
CY2017Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
1000000 USD
CY2018Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
3000000 USD
CY2018Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-13000000 USD
CY2019Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-19000000 USD
CY2019Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
2000000 USD
CY2019Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
1000000 USD
CY2019Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
1000000 USD
CY2019Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
2000000 USD
CY2019Q1 us-gaap Finance Lease Liability Payments Due In Next Rolling Twelve Months
FinanceLeaseLiabilityPaymentsDueInNextRollingTwelveMonths
1000000 USD
CY2019Q1 us-gaap Finance Lease Liability Payments Due In Rolling After Year Five
FinanceLeaseLiabilityPaymentsDueInRollingAfterYearFive
1000000 USD
CY2019Q1 us-gaap Finance Lease Liability Payments Due In Rolling Year Five
FinanceLeaseLiabilityPaymentsDueInRollingYearFive
0 USD
CY2019Q1 us-gaap Finance Lease Liability Payments Due In Rolling Year Four
FinanceLeaseLiabilityPaymentsDueInRollingYearFour
0 USD
CY2019Q1 us-gaap Finance Lease Liability Payments Due In Rolling Year Three
FinanceLeaseLiabilityPaymentsDueInRollingYearThree
0 USD
CY2019Q1 us-gaap Finance Lease Liability Payments Due In Rolling Year Two
FinanceLeaseLiabilityPaymentsDueInRollingYearTwo
0 USD
CY2019Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
0 USD
CY2019Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.042
CY2019Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P10Y
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
29000000 USD
CY2019Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
53000000 USD
CY2018Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
CY2019Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
5000000 USD
CY2018Q1 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
1000000 USD
CY2019Q1 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
-10000000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
440000000 USD
CY2019Q1 us-gaap Goodwill
Goodwill
440000000 USD
CY2018Q4 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
2439000000 USD
CY2019Q1 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
2199000000 USD
CY2018Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
49000000 USD
CY2018Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
545000000 USD
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
553000000 USD
CY2018Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
117000000 USD
CY2019Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
108000000 USD
CY2019Q1 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
4000000 USD
CY2018Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-13000000 USD
CY2019Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3000000 USD
CY2019Q1 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
49000000 USD
CY2018Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
30000000 USD
CY2019Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-108000000 USD
CY2018Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
147000000 USD
CY2019Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
43000000 USD
CY2018Q1 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
246000000 USD
CY2019Q1 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
34000000 USD
CY2018Q1 us-gaap Increase Decrease In Deferred Liabilities
IncreaseDecreaseInDeferredLiabilities
179000000 USD
CY2019Q1 us-gaap Increase Decrease In Deferred Liabilities
IncreaseDecreaseInDeferredLiabilities
94000000 USD
CY2018Q1 us-gaap Increase Decrease In Income Taxes Receivable
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-18000000 USD
CY2019Q1 us-gaap Increase Decrease In Income Taxes Receivable
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0 USD
CY2018Q1 us-gaap Increase Decrease In Interest Payable Net
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68000000 USD
CY2019Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
97000000 USD
CY2018Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-33000000 USD
CY2019Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-31000000 USD
CY2018Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-200000000 USD
CY2019Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-124000000 USD
CY2018Q1 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
-26000000 USD
CY2019Q1 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
36000000 USD
CY2018Q1 us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
84000000 USD
CY2019Q1 us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
93000000 USD
CY2018Q1 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
422000000 USD
CY2019Q1 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
448000000 USD
CY2018Q1 us-gaap Increase Decrease In Property And Other Taxes Payable
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-61000000 USD
CY2019Q1 us-gaap Increase Decrease In Property And Other Taxes Payable
IncreaseDecreaseInPropertyAndOtherTaxesPayable
-19000000 USD
CY2018Q1 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
1200000 shares
CY2019Q1 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
900000 shares
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
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1654000000 USD
CY2019Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1630000000 USD
CY2018Q1 us-gaap Interest And Debt Expense
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195000000 USD
CY2019Q1 us-gaap Interest And Debt Expense
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247000000 USD
CY2018Q1 us-gaap Interest Expense Debt
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190000000 USD
CY2019Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
221000000 USD
CY2018Q1 us-gaap Interest Expense Other
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7000000 USD
CY2019Q1 us-gaap Interest Expense Other
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29000000 USD
CY2018Q1 us-gaap Interest Paid Net
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124000000 USD
CY2019Q1 us-gaap Interest Paid Net
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130000000 USD
CY2018Q4 us-gaap Interest Payable Current
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129000000 USD
CY2019Q1 us-gaap Interest Payable Current
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226000000 USD
CY2018Q1 us-gaap Investment Income Net
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20000000 USD
CY2019Q1 us-gaap Investment Income Net
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24000000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due
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1334000000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due After Rolling Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterRollingYearFive
973000000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Five
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFive
68000000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Four
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFour
69000000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Three
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearThree
71000000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Two
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearTwo
74000000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Rolling Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextRollingTwelveMonths
79000000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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459000000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
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53920000000 USD
CY2019Q1 us-gaap Liabilities And Stockholders Equity
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55066000000 USD
CY2018Q4 us-gaap Liabilities Current
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6207000000 USD
CY2019Q1 us-gaap Liabilities Current
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6348000000 USD
CY2018Q4 us-gaap Liabilities Noncurrent
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13379000000 USD
CY2019Q1 us-gaap Liabilities Noncurrent
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14284000000 USD
CY2018Q4 us-gaap Loans Payable
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0 USD
CY2019Q1 us-gaap Loans Payable
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0 USD
CY2018Q4 us-gaap Long Term Debt Current
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650000000 USD
CY2019Q1 us-gaap Long Term Debt Current
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2029000000 USD
CY2018Q4 us-gaap Long Term Debt Noncurrent
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17495000000 USD
CY2019Q1 us-gaap Long Term Debt Noncurrent
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16933000000 USD
CY2018Q4 us-gaap Long Term Investments
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1766000000 USD
CY2019Q1 us-gaap Long Term Investments
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1832000000 USD
CY2018Q4 us-gaap Margin Deposit Assets
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7000000 USD
CY2019Q1 us-gaap Margin Deposit Assets
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4000000 USD
CY2018Q4 us-gaap Minority Interest
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113000000 USD
CY2019Q1 us-gaap Minority Interest
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132000000 USD
CY2018Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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0 USD
CY2019Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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2000000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Financing Activities
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605000000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
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CY2018Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2018Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
143000000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Operating Activities
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464000000 USD
CY2018Q1 us-gaap Net Income Loss
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428000000 USD
CY2019Q1 us-gaap Net Income Loss
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424000000 USD
CY2018Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2019Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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21000000 USD
CY2018Q1 us-gaap Nonoperating Income Expense
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CY2019Q1 us-gaap Nonoperating Income Expense
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14000000 USD
CY2018Q4 us-gaap Notes Payable Current
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1741000000 USD
CY2019Q1 us-gaap Notes Payable Current
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CY2018Q1 us-gaap Operating Expenses
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2609000000 USD
CY2019Q1 us-gaap Operating Expenses
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CY2018Q1 us-gaap Operating Income Loss
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755000000 USD
CY2019Q1 us-gaap Operating Income Loss
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786000000 USD
CY2019Q1 us-gaap Operating Lease Cost
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21000000 USD
CY2019Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
875000000 USD
CY2018Q4 us-gaap Operating Lease Liability Current
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0 USD
CY2019Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
50000000 USD
CY2018Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
0 USD
CY2019Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
825000000 USD
CY2019Q1 us-gaap Operating Lease Payments
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8000000 USD
CY2018Q4 us-gaap Operating Lease Right Of Use Asset
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CY2019Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
852000000 USD
CY2019Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.043
CY2019Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P19Y3M19D
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
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CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
72000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
68000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
68000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
71000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
72000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
890000000 USD
CY2018Q4 us-gaap Other Assets Current
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122000000 USD
CY2019Q1 us-gaap Other Assets Current
OtherAssetsCurrent
177000000 USD
CY2018Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
153000000 USD
CY2019Q1 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
134000000 USD
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
6541000000 USD
CY2019Q1 us-gaap Other Assets Noncurrent
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7301000000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
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4000000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
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4000000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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CY2019Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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CY2018Q1 us-gaap Other Income
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6000000 USD
CY2019Q1 us-gaap Other Income
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11000000 USD
CY2018Q1 us-gaap Other Increase Decrease In Environmental Liabilities
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CY2019Q1 us-gaap Other Increase Decrease In Environmental Liabilities
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CY2018Q4 us-gaap Other Liabilities Current
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363000000 USD
CY2019Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
264000000 USD
CY2018Q1 us-gaap Other Noncash Income Expense
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23000000 USD
CY2019Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
4000000 USD
CY2018Q1 us-gaap Other Nonoperating Expense
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45000000 USD
CY2019Q1 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
24000000 USD
CY2018Q4 us-gaap Other Receivables
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285000000 USD
CY2018Q1 us-gaap Payments For Construction In Process
PaymentsForConstructionInProcess
790000000 USD
CY2019Q1 us-gaap Other Receivables
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267000000 USD
CY2019Q1 us-gaap Payments For Construction In Process
PaymentsForConstructionInProcess
783000000 USD
CY2018Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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CY2019Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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CY2018Q1 us-gaap Payments For Proceeds From Removal Costs
PaymentsForProceedsFromRemovalCosts
63000000 USD
CY2019Q1 us-gaap Payments For Proceeds From Removal Costs
PaymentsForProceedsFromRemovalCosts
72000000 USD
CY2018Q1 us-gaap Payments Of Debt Issuance Costs
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1000000 USD
CY2019Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1000000 USD
CY2018Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
209000000 USD
CY2019Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
226000000 USD
CY2018Q1 us-gaap Payments To Acquire Projects
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32000000 USD
CY2019Q1 us-gaap Payments To Acquire Projects
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38000000 USD
CY2018Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
35000000 USD
CY2019Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
48000000 USD
CY2018Q1 us-gaap Payments To Minority Shareholders
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0 USD
CY2019Q1 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
2000000 USD
CY2018Q1 us-gaap Pension And Other Postretirement Benefit Contributions
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184000000 USD
CY2019Q1 us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
4000000 USD
CY2018Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
1228000000 USD
CY2019Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
1231000000 USD
CY2018Q4 us-gaap Prepaid Expense Current
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187000000 USD
CY2019Q1 us-gaap Prepaid Expense Current
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635000000 USD
CY2018Q1 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 USD
CY2019Q1 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
425000000 USD
CY2018Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
13000000 USD
CY2019Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
13000000 USD
CY2018Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2019Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
825000000 USD
CY2018Q1 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
812000000 USD
CY2019Q1 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-1131000000 USD
CY2018Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
0 USD
CY2019Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
48000000 USD
CY2018Q1 us-gaap Profit Loss
ProfitLoss
428000000 USD
CY2019Q1 us-gaap Profit Loss
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445000000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
41749000000 USD
CY2019Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
42152000000 USD
CY2018Q1 us-gaap Public Utilities Allowance For Funds Used During Construction Additions
PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions
2000000 USD
CY2019Q1 us-gaap Public Utilities Allowance For Funds Used During Construction Additions
PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions
3000000 USD
CY2018Q1 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
4000000 USD
CY2019Q1 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
3000000 USD
CY2018Q4 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
9769000000 USD
CY2019Q1 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
9953000000 USD
CY2018Q4 us-gaap Public Utilities Property Plant And Equipment Common
PublicUtilitiesPropertyPlantAndEquipmentCommon
3331000000 USD
CY2019Q1 us-gaap Public Utilities Property Plant And Equipment Common
PublicUtilitiesPropertyPlantAndEquipmentCommon
3384000000 USD
CY2019Q1 us-gaap Public Utilities Property Plant And Equipment Construction Work In Progress
PublicUtilitiesPropertyPlantAndEquipmentConstructionWorkInProgress
2014000000 USD
CY2018Q4 us-gaap Public Utilities Property Plant And Equipment Net
PublicUtilitiesPropertyPlantAndEquipmentNet
37580000000 USD
CY2018Q4 us-gaap Public Utilities Property Plant And Equipment Construction Work In Progress
PublicUtilitiesPropertyPlantAndEquipmentConstructionWorkInProgress
1978000000 USD
CY2019Q1 us-gaap Public Utilities Property Plant And Equipment Net
PublicUtilitiesPropertyPlantAndEquipmentNet
38052000000 USD
CY2018Q4 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
45371000000 USD
CY2019Q1 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
45991000000 USD
CY2018Q4 us-gaap Regulatory Assets
RegulatoryAssets
4370000000 USD
CY2019Q1 us-gaap Regulatory Assets
RegulatoryAssets
4288000000 USD
CY2018Q4 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
76000000 USD
CY2019Q1 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
43000000 USD
CY2018Q4 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
4294000000 USD
CY2019Q1 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
4245000000 USD
CY2018Q4 us-gaap Regulatory Liabilities
RegulatoryLiabilities
4755000000 USD
CY2019Q1 us-gaap Regulatory Liabilities
RegulatoryLiabilities
4765000000 USD
CY2018Q4 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
114000000 USD
CY2019Q1 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
152000000 USD
CY2018Q4 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
4641000000 USD
CY2019Q1 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
4613000000 USD
CY2018Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
10000000 USD
CY2019Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
11000000 USD
CY2018Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
32000000 USD
CY2019Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
68000000 USD
CY2018Q4 us-gaap Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
111000000 USD
CY2019Q1 us-gaap Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
68000000 USD
CY2018Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3333000000 USD
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3328000000 USD
CY2019Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
79000000 USD
CY2019Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
43000000 USD
CY2019Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
36000000 USD
CY2019Q1 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P2Y
CY2019Q1 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
CY2018Q1 us-gaap Revenues
Revenues
3364000000 USD
CY2019Q1 us-gaap Revenues
Revenues
3514000000 USD
CY2018Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
825000000 USD
CY2019Q1 us-gaap Short Term Borrowings
ShortTermBorrowings
0 USD
CY2019Q1 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
5649369 shares
CY2019Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
425000000 USD
CY2019Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
425000000 USD
CY2018Q1 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
25000000 USD
CY2019Q1 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
27000000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
16726000000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
17369000000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
15425000000 USD
CY2018Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
15661000000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
16839000000 USD
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
17501000000 USD
CY2018Q1 us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
570000000 USD
CY2019Q1 us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
605000000 USD
CY2018Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
61000000 USD
CY2019Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
43000000 USD
CY2018Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
185000000 USD
CY2019Q1 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
181000000 USD
CY2017Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
58000000 USD
CY2018Q1 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
79000000 USD
CY2018Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
29000000 USD
CY2019Q1 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
38000000 USD
CY2019Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
7000000 USD
CY2019Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
0 USD
CY2019Q1 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
0 USD
CY2019Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
7000000 USD
CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
311600000 shares
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
323400000 shares
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
310400000 shares
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
322500000 shares

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