2021 Q4 Form 10-K Financial Statement

#000173910422000005 Filed on February 28, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $1.113B $4.765B $1.140B
YoY Change -2.34% 45.59% 44.82%
Cost Of Revenue $512.0M $2.134B $596.2M
YoY Change -14.12% 28.01% 45.38%
Gross Profit $601.0M $2.631B $543.5M
YoY Change 10.58% 63.82% 44.2%
Gross Profit Margin 54.0% 55.22% 47.69%
Selling, General & Admin $329.0M $1.404B $374.1M
YoY Change -12.06% 40.96% 101.24%
% of Gross Profit 54.74% 53.36% 68.83%
Research & Development $92.00M $369.0M $112.7M
YoY Change -18.37% 12.84% 67.46%
% of Gross Profit 15.31% 14.03% 20.74%
Depreciation & Amortization $174.0M $716.0M $222.2M
YoY Change -21.69% 38.49% 166.43%
% of Gross Profit 28.95% 27.21% 40.88%
Operating Expenses $560.0M $1.773B $486.8M
YoY Change 15.04% 34.01% 92.26%
Operating Profit $41.00M $858.0M $56.70M
YoY Change -27.69% 203.18% -54.16%
Interest Expense -$55.00M $236.0M $60.40M
YoY Change -191.06% 57.33% 222.99%
% of Operating Profit -134.15% 27.51% 106.53%
Other Income/Expense, Net $3.000M -$5.000M $16.60M
YoY Change -81.93% -102.81% -363.49%
Pretax Income -$121.0M -$567.0M -$318.1M
YoY Change -61.96% -15.63% 7297.67%
Income Tax -$24.00M -$95.00M $4.700M
% Of Pretax Income
Net Earnings -$97.00M -$472.0M -$322.8M
YoY Change -69.95% -15.71% 3297.89%
Net Earnings / Revenue -8.72% -9.91% -28.32%
Basic Earnings Per Share -$0.22 -$0.97
Diluted Earnings Per Share -$199.0K -$0.97 -$664.1K
COMMON SHARES
Basic Shares Outstanding 473.1M shares 487.2M shares 471.9M shares
Diluted Shares Outstanding 487.4M shares 487.2M shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $638.0M $638.0M $495.0M
YoY Change 28.89% 28.89% 48.2%
Cash & Equivalents $638.0M $638.0M $495.0M
Short-Term Investments
Other Short-Term Assets $237.0M $237.0M $267.0M
YoY Change -11.24% -11.24% 172.45%
Inventory $1.373B $1.373B $1.578B
Prepaid Expenses
Receivables $833.0M $833.0M $872.0M
Other Receivables $195.0M $195.0M $205.0M
Total Short-Term Assets $3.276B $3.276B $3.417B
YoY Change -4.13% -4.13% 43.99%
LONG-TERM ASSETS
Property, Plant & Equipment $1.061B $1.222B $1.316B
YoY Change -19.38% -18.7% 37.76%
Goodwill $6.172B $6.225B
YoY Change -0.85% 108.22%
Intangibles $5.587B $6.387B
YoY Change -12.53% 157.25%
Long-Term Investments $22.00M $22.00M $24.00M
YoY Change -8.33% -33.33% 27.66%
Other Assets $387.0M $204.0M $348.0M
YoY Change 11.21% 60.63% 88.11%
Total Long-Term Assets $13.21B $13.21B $14.28B
YoY Change -7.49% -7.49% 115.89%
TOTAL ASSETS
Total Short-Term Assets $3.276B $3.276B $3.417B
Total Long-Term Assets $13.21B $13.21B $14.28B
Total Assets $16.48B $16.48B $17.69B
YoY Change -6.84% -6.84% 96.9%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $418.0M $418.0M $501.0M
YoY Change -16.57% -16.57% 125.07%
Accrued Expenses $185.0M $219.0M $181.0M
YoY Change 2.21% 20.99% 47.15%
Deferred Revenue $316.0M $295.0M
YoY Change 7.12% 39.81%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $294.0M $294.0M $555.0M
YoY Change -47.03% -47.03% 2165.31%
Total Short-Term Liabilities $1.643B $1.643B $2.077B
YoY Change -20.9% -20.86% 153.76%
LONG-TERM LIABILITIES
Long-Term Debt $6.025B $6.025B $5.572B
YoY Change 8.13% 8.13% 139.09%
Other Long-Term Liabilities $261.0M $532.0M $322.0M
YoY Change -18.94% -20.36% 202.06%
Total Long-Term Liabilities $6.286B $6.557B $5.894B
YoY Change 6.65% 5.08% 141.84%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.643B $1.643B $2.077B
Total Long-Term Liabilities $6.286B $6.557B $5.894B
Total Liabilities $8.945B $8.945B $9.217B
YoY Change -2.95% -2.95% 168.02%
SHAREHOLDERS EQUITY
Retained Earnings -$949.0M -$477.0M
YoY Change 98.95% -665.84%
Common Stock $0.00 $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $7.538B $7.538B $8.476B
YoY Change
Total Liabilities & Shareholders Equity $16.48B $16.48B $17.69B
YoY Change -6.84% -6.84% 96.9%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income -$97.00M -$472.0M -$322.8M
YoY Change -69.95% -15.71% 3297.89%
Depreciation, Depletion And Amortization $174.0M $716.0M $222.2M
YoY Change -21.69% 38.49% 166.43%
Cash From Operating Activities $223.0M $483.0M -$92.90M
YoY Change -340.04% -1278.05% -173.56%
INVESTING ACTIVITIES
Capital Expenditures -$91.00M $126.0M -$146.9M
YoY Change -38.05% -6.67% 31.87%
Acquisitions $342.0M
YoY Change -93.16%
Other Investing Activities $17.00M $8.000M $73.60M
YoY Change -76.9% -130.77% 98.38%
Cash From Investing Activities -$74.00M -$530.0M -$73.30M
YoY Change 0.95% -88.91% -1.35%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 44.00M $210.0M -18.30M
YoY Change -340.44% -95.76% 195.16%
NET CHANGE
Cash From Operating Activities 223.0M $483.0M -92.90M
Cash From Investing Activities -74.00M -$530.0M -73.30M
Cash From Financing Activities 44.00M $210.0M -18.30M
Net Change In Cash 193.0M $132.0M -184.5M
YoY Change -204.61% -18.01% -502.84%
FREE CASH FLOW
Cash From Operating Activities $223.0M $483.0M -$92.90M
Capital Expenditures -$91.00M $126.0M -$146.9M
Free Cash Flow $314.0M $357.0M $54.00M
YoY Change 481.48% -302.84% -77.28%

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CY2021Q4 us-gaap Liabilities And Stockholders Equity
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CY2020Q4 us-gaap Liabilities And Stockholders Equity
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17693000000 USD
CY2018Q4 us-gaap Stockholders Equity
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5197000000 USD
CY2019 us-gaap Net Income Loss
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CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
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49000000 USD
CY2019 elan Stockholders Equity Separation Adjustments
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CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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41000000 USD
CY2019 us-gaap Stock Issued During Period Value Acquisitions
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238000000 USD
CY2019 elan Apic Share Based Payment Arrangement Increase For Cost Recognition Accelerated Vesting
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3000000 USD
CY2019 us-gaap Stockholders Equity Other
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-2000000 USD
CY2019Q4 us-gaap Stockholders Equity
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5547000000 USD
CY2020 us-gaap Net Income Loss
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CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax
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476000000 USD
CY2020 elan Stockholders Equity Separation Adjustments
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38000000 USD
CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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48000000 USD
CY2020 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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15000000 USD
CY2020 elan Tangible Equity Units Issued During Period Value
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1220000000 USD
CY2020 us-gaap Stock Issued During Period Value Acquisitions
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1723000000 USD
CY2020Q4 us-gaap Stockholders Equity
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8476000000 USD
CY2021 us-gaap Net Income Loss
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CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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66000000 USD
CY2021 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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20000000 USD
CY2021Q4 us-gaap Stockholders Equity
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7538000000 USD
CY2021 us-gaap Net Income Loss
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CY2020 us-gaap Net Income Loss
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CY2019 us-gaap Net Income Loss
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68000000 USD
CY2021 us-gaap Depreciation Depletion And Amortization
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716000000 USD
CY2020 us-gaap Depreciation Depletion And Amortization
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517000000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
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314000000 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
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-154000000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
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CY2019 us-gaap Deferred Income Tax Expense Benefit
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0 USD
CY2021 us-gaap Share Based Compensation
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66000000 USD
CY2020 us-gaap Share Based Compensation
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48000000 USD
CY2019 us-gaap Share Based Compensation
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49000000 USD
CY2021 elan Asset Impairment Charges Including Inventory Write Down
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339000000 USD
CY2020 elan Asset Impairment Charges Including Inventory Write Down
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25000000 USD
CY2019 elan Asset Impairment Charges Including Inventory Write Down
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33000000 USD
CY2021 us-gaap Gain Loss On Sale Of Other Assets
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-4000000 USD
CY2020 us-gaap Gain Loss On Sale Of Other Assets
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51000000 USD
CY2019 us-gaap Gain Loss On Sale Of Other Assets
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0 USD
CY2021 us-gaap Gain Loss On Sale Of Business
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CY2020 us-gaap Gain Loss On Sale Of Business
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170000000 USD
CY2019 us-gaap Gain Loss On Sale Of Business
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CY2021 elan Inventory Fair Value Step Up Amortization
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64000000 USD
CY2020 elan Inventory Fair Value Step Up Amortization
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90000000 USD
CY2019 elan Inventory Fair Value Step Up Amortization
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1000000 USD
CY2021 us-gaap Other Operating Activities Cash Flow Statement
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6000000 USD
CY2020 us-gaap Other Operating Activities Cash Flow Statement
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20000000 USD
CY2019 us-gaap Other Operating Activities Cash Flow Statement
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CY2021 us-gaap Increase Decrease In Accounts And Other Receivables
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25000000 USD
CY2020 us-gaap Increase Decrease In Accounts And Other Receivables
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CY2019 us-gaap Increase Decrease In Accounts And Other Receivables
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172000000 USD
CY2021 us-gaap Increase Decrease In Inventories
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CY2020 us-gaap Increase Decrease In Inventories
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95000000 USD
CY2019 us-gaap Increase Decrease In Inventories
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34000000 USD
CY2021 us-gaap Increase Decrease In Other Operating Assets
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CY2020 us-gaap Increase Decrease In Other Operating Assets
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123000000 USD
CY2019 us-gaap Increase Decrease In Other Operating Assets
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CY2021 us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
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CY2020 us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
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369000000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
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CY2021 us-gaap Increase Decrease In Other Operating Capital Net
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CY2020 us-gaap Increase Decrease In Other Operating Capital Net
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0 USD
CY2019 us-gaap Increase Decrease In Other Operating Capital Net
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CY2021 us-gaap Net Cash Provided By Used In Operating Activities
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483000000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
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CY2019 us-gaap Net Cash Provided By Used In Operating Activities
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224000000 USD
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
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CY2020 us-gaap Payments To Acquire Property Plant And Equipment
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135000000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
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140000000 USD
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
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17000000 USD
CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
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72000000 USD
CY2019 us-gaap Proceeds From Sale Of Property Plant And Equipment
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CY2021 us-gaap Payments To Acquire Software
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33000000 USD
CY2021Q4 us-gaap Number Of Countries In Which Entity Operates
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90 country
CY2020 us-gaap Payments To Acquire Software
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176000000 USD
CY2019 us-gaap Payments To Acquire Software
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57000000 USD
CY2021 us-gaap Payments To Acquire Intangible Assets
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38000000 USD
CY2020 us-gaap Payments To Acquire Intangible Assets
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CY2019 us-gaap Payments To Acquire Intangible Assets
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CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2021 us-gaap Proceeds From Divestiture Of Businesses And Interests In Affiliates
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CY2020 us-gaap Proceeds From Divestiture Of Businesses And Interests In Affiliates
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435000000 USD
CY2019 us-gaap Proceeds From Divestiture Of Businesses And Interests In Affiliates
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CY2021 us-gaap Payments For Proceeds From Other Investing Activities
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CY2019 us-gaap Payments For Proceeds From Other Investing Activities
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5000000 USD
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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CY2021 us-gaap Proceeds From Issuance Of Senior Long Term Debt
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500000000 USD
CY2020 us-gaap Proceeds From Issuance Of Senior Long Term Debt
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4804000000 USD
CY2019 us-gaap Proceeds From Issuance Of Senior Long Term Debt
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CY2021 us-gaap Proceeds From Lines Of Credit
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500000000 USD
CY2020 us-gaap Proceeds From Lines Of Credit
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CY2019 us-gaap Proceeds From Lines Of Credit
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CY2021 us-gaap Repayments Of Senior Debt
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CY2020 us-gaap Repayments Of Senior Debt
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CY2019 us-gaap Repayments Of Senior Debt
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121000000 USD
CY2021 us-gaap Repayments Of Lines Of Credit
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250000000 USD
CY2020 us-gaap Repayments Of Lines Of Credit
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CY2019 us-gaap Repayments Of Lines Of Credit
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CY2021 us-gaap Proceeds From Issuance Of Common Stock
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CY2020 us-gaap Proceeds From Issuance Of Common Stock
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1220000000 USD
CY2019 us-gaap Proceeds From Issuance Of Common Stock
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CY2021 us-gaap Payments Of Debt Issuance Costs
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CY2020 us-gaap Payments Of Debt Issuance Costs
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102000000 USD
CY2019 us-gaap Payments Of Debt Issuance Costs
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CY2021 elan Payments Of Separation Related Costs Financing Activities
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0 USD
CY2020 elan Payments Of Separation Related Costs Financing Activities
PaymentsOfSeparationRelatedCostsFinancingActivities
0 USD
CY2019 elan Payments Of Separation Related Costs Financing Activities
PaymentsOfSeparationRelatedCostsFinancingActivities
192000000 USD
CY2021 elan Proceeds From Funding Related To Construction Of Corporate Headquarters
ProceedsFromFundingRelatedToConstructionOfCorporateHeadquarters
64000000 USD
CY2020 elan Proceeds From Funding Related To Construction Of Corporate Headquarters
ProceedsFromFundingRelatedToConstructionOfCorporateHeadquarters
0 USD
CY2019 elan Proceeds From Funding Related To Construction Of Corporate Headquarters
ProceedsFromFundingRelatedToConstructionOfCorporateHeadquarters
0 USD
CY2021 us-gaap Proceeds From Payments For Other Financing Activities
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CY2020 us-gaap Proceeds From Payments For Other Financing Activities
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-16000000 USD
CY2019 us-gaap Proceeds From Payments For Other Financing Activities
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8000000 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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210000000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
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4954000000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
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-305000000 USD
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021Q4 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
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CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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27000000 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
132000000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
161000000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
506000000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
345000000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
678000000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
638000000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
506000000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
345000000 USD
CY2021Q4 elan Number Of Brands In Entitys Portfolio
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200 country
CY2021 us-gaap Basis Of Accounting
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Basis of Presentation <div style="margin-bottom:12pt;text-align:justify;text-indent:9pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We have prepared the accompanying consolidated financial statements in accordance with accounting principles generally accepted in the United States (GAAP). In our opinion, the financial statements reflect all adjustments (including those that are normal and recurring) that are necessary for fair presentation of the results of operations for the periods shown. All intercompany balances and transactions have been eliminated. </span></div><div style="text-align:justify;text-indent:9pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In preparing financial statements in conformity with GAAP, we must make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue, expenses, and related disclosures at the date of the financial statements and during the reporting period. Actual results could differ from those estimates. We issued our financial statements by filing with the Securities and Exchange Commission and have evaluated subsequent events up to the time of the filing.</span></div>
CY2021 elan Contract With Customer Rebate Period
ContractWithCustomerRebatePeriod
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CY2021 us-gaap Marketing And Advertising Expense
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248000000 USD
CY2020Q4 us-gaap Contract With Customer Liability
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295000000 USD
CY2019Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
211000000 USD
CY2021 elan Contract With Customer Liability Revenue Recognized Including Opening Balance
ContractWithCustomerLiabilityRevenueRecognizedIncludingOpeningBalance
671000000 USD
CY2020 elan Contract With Customer Liability Revenue Recognized Including Opening Balance
ContractWithCustomerLiabilityRevenueRecognizedIncludingOpeningBalance
471000000 USD
CY2021 elan Contract With Customer Liability Decrease From Cash Receipts
ContractWithCustomerLiabilityDecreaseFromCashReceipts
650000000 USD
CY2020 elan Contract With Customer Liability Decrease From Cash Receipts
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461000000 USD
CY2021 us-gaap Contract With Customer Liability Increase Decrease For Contract Acquired In Business Combination
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0 USD
CY2020 us-gaap Contract With Customer Liability Increase Decrease For Contract Acquired In Business Combination
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74000000 USD
CY2021Q4 us-gaap Contract With Customer Liability
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316000000 USD
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
295000000 USD
CY2020 elan Number Of Revenue Streams
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5 revenueStream
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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4765000000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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3273000000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3071000000 USD
CY2020Q3 elan Payments To Acquire Businesses Before Working Capital Adjustment
PaymentsToAcquireBusinessesBeforeWorkingCapitalAdjustment
5170000000 USD
CY2020Q3 elan Business Combination Consideration Transferred Working Capital Adjustments
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116000000 USD
CY2021 elan Number Of Restructuring Programs Announced
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2 restructuringProgram
CY2021 us-gaap Severance Costs1
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110000000 USD
CY2020 us-gaap Severance Costs1
SeveranceCosts1
155000000 USD
CY2019 us-gaap Severance Costs1
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8000000 USD
CY2021 us-gaap Business Exit Costs1
BusinessExitCosts1
0 USD
CY2020 us-gaap Business Exit Costs1
BusinessExitCosts1
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CY2019 us-gaap Business Exit Costs1
BusinessExitCosts1
0 USD
CY2021 us-gaap Business Combination Integration Related Costs
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162000000 USD
CY2020 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
424000000 USD
CY2019 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
145000000 USD
CY2021 us-gaap Asset Impairment Charges
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66000000 USD
CY2020 us-gaap Asset Impairment Charges
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17000000 USD
CY2019 us-gaap Asset Impairment Charges
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16000000 USD
CY2021 us-gaap Disposal Group Not Discontinued Operation Loss Gain On Write Down
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278000000 USD
CY2020 us-gaap Disposal Group Not Discontinued Operation Loss Gain On Write Down
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19000000 USD
CY2019 us-gaap Disposal Group Not Discontinued Operation Loss Gain On Write Down
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17000000 USD
CY2021 us-gaap Gain Loss On Disposition Of Assets
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0 USD
CY2020 us-gaap Gain Loss On Disposition Of Assets
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4000000 USD
CY2019 us-gaap Gain Loss On Disposition Of Assets
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0 USD
CY2021 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
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-29000000 USD
CY2020 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
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0 USD
CY2019 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
0 USD
CY2021 elan Restructuring Charges Settlements And Other
RestructuringChargesSettlementsAndOther
41000000 USD
CY2020 elan Restructuring Charges Settlements And Other
RestructuringChargesSettlementsAndOther
15000000 USD
CY2019 elan Restructuring Charges Settlements And Other
RestructuringChargesSettlementsAndOther
0 USD
CY2021 us-gaap Restructuring Settlement And Impairment Provisions
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628000000 USD
CY2020 us-gaap Restructuring Settlement And Impairment Provisions
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623000000 USD
CY2019 us-gaap Restructuring Settlement And Impairment Provisions
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186000000 USD
CY2021 us-gaap Litigation Settlement Expense
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10000000 USD
CY2019Q4 us-gaap Restructuring Reserve
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21000000 USD
CY2020 us-gaap Restructuring Charges
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157000000 USD
CY2020 us-gaap Restructuring Reserve Accrual Adjustment1
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-4000000 USD
CY2020 us-gaap Payments For Restructuring
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44000000 USD
CY2020Q4 us-gaap Restructuring Reserve
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130000000 USD
CY2021 us-gaap Restructuring Charges
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126000000 USD
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CY2021 us-gaap Payments For Restructuring
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114000000 USD
CY2021Q4 us-gaap Restructuring Reserve
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126000000 USD
CY2021 elan Restructuring Expected Payment Term
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P15M
CY2021Q4 us-gaap Inventory Finished Goods
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598000000 USD
CY2020Q4 us-gaap Inventory Finished Goods
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772000000 USD
CY2021Q4 us-gaap Inventory Work In Process
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565000000 USD
CY2020Q4 us-gaap Inventory Work In Process
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625000000 USD
CY2021Q4 us-gaap Inventory Raw Materials And Supplies
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256000000 USD
CY2020Q4 us-gaap Inventory Raw Materials And Supplies
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210000000 USD
CY2021Q4 us-gaap Inventory Gross
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1419000000 USD
CY2020Q4 us-gaap Inventory Gross
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1607000000 USD
CY2021Q4 us-gaap Inventory Lifo Reserve
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46000000 USD
CY2020Q4 us-gaap Inventory Lifo Reserve
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29000000 USD
CY2021Q4 us-gaap Inventory Net
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1373000000 USD
CY2020Q4 us-gaap Inventory Net
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1578000000 USD
CY2021Q4 us-gaap Lifo Inventory Amount
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243000000 USD
CY2020Q4 us-gaap Lifo Inventory Amount
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234000000 USD
CY2020Q1 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
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25000000 shares
CY2020Q1 us-gaap Sale Of Stock Consideration Received On Transaction
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768000000 USD
CY2021Q4 us-gaap Deferred Finance Costs Net
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82000000 USD
CY2020Q4 us-gaap Deferred Finance Costs Net
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98000000 USD
CY2021Q4 us-gaap Long Term Debt
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6319000000 USD
CY2020Q4 us-gaap Long Term Debt
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6127000000 USD
CY2021Q4 us-gaap Long Term Debt Current
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294000000 USD
CY2020Q4 us-gaap Long Term Debt Current
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555000000 USD
CY2021Q4 us-gaap Long Term Debt Noncurrent
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6025000000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
5572000000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
308000000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
805000000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
48000000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
135000000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
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CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
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UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
2000000 USD
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1000000 USD
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
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4000000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
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0 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
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CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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0 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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3000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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5000000 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits
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6000000 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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6000000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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3000000 USD
CY2021 us-gaap Income Tax Examination Penalties And Interest Expense
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CY2019 us-gaap Income Tax Examination Penalties And Interest Expense
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CY2021Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
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1000000 USD
CY2020Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
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1000000 USD
CY2020Q4 elan Loss Contingency Percent Of Te Us Issued Involved In Lawsuit
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CY2021 us-gaap Revenue From Contract With Customer Including Assessed Tax
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35000000 USD
CY2019 us-gaap Defined Contribution Plan Cost Recognized
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32000000 USD
CY2021 us-gaap Multiemployer Plan Employer Contribution Cost
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2000000 USD
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CY2019 us-gaap Net Income Loss
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CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2021 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2020 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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0.18
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CY2019 us-gaap Earnings Per Share Diluted
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CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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1800000 shares
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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2100000 shares
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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100000 shares
CY2020Q4 us-gaap Restricted Cash Current
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11000000 USD
CY2019Q4 us-gaap Restricted Cash Current
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11000000 USD
CY2021 dei Auditor Firm
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42

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