2019 Q1 Form 10-Q Financial Statement
#000162828019005806 Filed on May 03, 2019
Income Statement
Concept | 2019 Q1 | 2018 Q1 |
---|---|---|
Revenue | $1.363B | $1.216B |
YoY Change | 12.12% | 28.05% |
Cost Of Revenue | $682.0M | $622.4M |
YoY Change | 9.58% | 32.73% |
Gross Profit | $681.2M | $593.4M |
YoY Change | 14.78% | 23.49% |
Gross Profit Margin | 49.97% | 48.81% |
Selling, General & Admin | $384.8M | $362.9M |
YoY Change | 6.01% | 16.95% |
% of Gross Profit | 56.48% | 61.16% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $313.2M | $307.6M |
YoY Change | 1.82% | 41.73% |
% of Gross Profit | 45.98% | 51.83% |
Operating Expenses | $384.8M | $362.9M |
YoY Change | 6.01% | 16.95% |
Operating Profit | $279.5M | $225.9M |
YoY Change | 23.74% | 35.08% |
Interest Expense | $122.8M | $126.3M |
YoY Change | -2.72% | 13.07% |
% of Operating Profit | 43.95% | 55.91% |
Other Income/Expense, Net | -$166.0K | -$3.064M |
YoY Change | -94.58% | -1009.2% |
Pretax Income | $160.3M | $79.65M |
YoY Change | 101.27% | 43.64% |
Income Tax | $42.57M | $16.76M |
% Of Pretax Income | 26.55% | 21.04% |
Net Earnings | $118.1M | $62.89M |
YoY Change | 87.74% | 49.53% |
Net Earnings / Revenue | 8.66% | 5.17% |
Basic Earnings Per Share | $1.44 | $0.79 |
Diluted Earnings Per Share | $1.44 | $0.79 |
COMMON SHARES | ||
Basic Shares Outstanding | 81.81M shares | 79.24M shares |
Diluted Shares Outstanding | 82.09M shares | 79.65M shares |
Balance Sheet
Concept | 2019 Q1 | 2018 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $1.648B | $2.051B |
YoY Change | -19.65% | -58.46% |
Cash & Equivalents | $1.634B | $2.024B |
Short-Term Investments | $14.00M | $27.00M |
Other Short-Term Assets | $258.9M | $241.0M |
YoY Change | 7.42% | 16.99% |
Inventory | ||
Prepaid Expenses | ||
Receivables | $630.1M | $576.3M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $2.626B | $2.943B |
YoY Change | -10.79% | -47.19% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $10.73B | $9.697B |
YoY Change | 10.69% | 27.49% |
Goodwill | $4.808B | $4.485B |
YoY Change | 7.2% | 46.91% |
Intangibles | ||
YoY Change | ||
Long-Term Investments | $12.00M | |
YoY Change | 100.0% | |
Other Assets | $469.8M | $421.3M |
YoY Change | 11.5% | 79.56% |
Total Long-Term Assets | $19.87B | $17.00B |
YoY Change | 16.87% | 46.4% |
TOTAL ASSETS | ||
Total Short-Term Assets | $2.626B | $2.943B |
Total Long-Term Assets | $19.87B | $17.00B |
Total Assets | $22.49B | $19.94B |
YoY Change | 12.78% | 16.04% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $747.0M | $687.0M |
YoY Change | 8.73% | 33.14% |
Accrued Expenses | $395.0M | $258.0M |
YoY Change | 53.1% | 35.79% |
Deferred Revenue | $73.14M | $71.09M |
YoY Change | 2.89% | |
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $429.0M | $157.0M |
YoY Change | 173.25% | -12.78% |
Total Short-Term Liabilities | $1.685B | $1.246B |
YoY Change | 35.21% | 22.2% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $10.52B | $10.95B |
YoY Change | -3.9% | 21.62% |
Other Long-Term Liabilities | $541.5M | $598.7M |
YoY Change | -9.55% | -7.24% |
Total Long-Term Liabilities | $541.5M | $598.7M |
YoY Change | -9.55% | -7.24% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $1.685B | $1.246B |
Total Long-Term Liabilities | $541.5M | $598.7M |
Total Liabilities | $14.07B | $12.80B |
YoY Change | 9.88% | 20.01% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $884.0M | $522.5M |
YoY Change | 69.19% | 745.84% |
Common Stock | $12.04B | $10.19B |
YoY Change | 18.15% | 6.16% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $144.8M | $145.7M |
YoY Change | -0.61% | -0.84% |
Treasury Stock Shares | 395.2K shares | 399.4K shares |
Shareholders Equity | $8.425B | $7.141B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $22.49B | $19.94B |
YoY Change | 12.78% | 16.04% |
Cashflow Statement
Concept | 2019 Q1 | 2018 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $118.1M | $62.89M |
YoY Change | 87.74% | 49.53% |
Depreciation, Depletion And Amortization | $313.2M | $307.6M |
YoY Change | 1.82% | 41.73% |
Cash From Operating Activities | $421.1M | $300.9M |
YoY Change | 39.96% | 21.64% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$364.0M | $349.7M |
YoY Change | -204.08% | 26.15% |
Acquisitions | $0.00 | $0.00 |
YoY Change | -100.0% | |
Other Investing Activities | -$14.50M | -$15.20M |
YoY Change | -4.61% | -59.03% |
Cash From Investing Activities | -$378.5M | -$364.9M |
YoY Change | 3.71% | 16.09% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | $204.6M | $187.0M |
YoY Change | 9.41% | 26.28% |
Common Stock Issuance & Retirement, Net | $1.213B | $0.00 |
YoY Change | -100.0% | |
Debt Paid & Issued, Net | $18.33M | $6.599M |
YoY Change | 177.83% | -69.32% |
Cash From Financing Activities | $986.9M | $674.0M |
YoY Change | 46.42% | -84.05% |
NET CHANGE | ||
Cash From Operating Activities | $421.1M | $300.9M |
Cash From Investing Activities | -$378.5M | -$364.9M |
Cash From Financing Activities | $986.9M | $674.0M |
Net Change In Cash | $1.028B | $617.9M |
YoY Change | 66.35% | -85.18% |
FREE CASH FLOW | ||
Cash From Operating Activities | $421.1M | $300.9M |
Capital Expenditures | -$364.0M | $349.7M |
Free Cash Flow | $785.1M | -$48.82M |
YoY Change | -1708.17% | 63.44% |
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CY2018Q1 | us-gaap |
Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
|
306465000 | USD |
CY2019Q1 | us-gaap |
Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
|
314705000 | USD |
CY2018Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
307568000 | USD |
CY2019Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
313178000 | USD |
CY2018Q4 | us-gaap |
Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
|
6517000 | USD |
CY2019Q1 | us-gaap |
Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
|
6001000 | USD |
CY2018Q4 | us-gaap |
Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
|
0 | USD |
CY2019Q1 | us-gaap |
Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
|
0 | USD |
CY2018Q4 | us-gaap |
Derivative Assets
DerivativeAssets
|
73074000 | USD |
CY2019Q1 | us-gaap |
Derivative Assets
DerivativeAssets
|
86391000 | USD |
CY2018Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
73074000 | USD |
CY2019Q1 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
77353000 | USD |
CY2018Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
|
66557000 | USD |
CY2019Q1 | us-gaap |
Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
|
80390000 | USD |
CY2018Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
9740000 | USD |
CY2019Q1 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
3064000 | USD |
CY2018Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
|
3223000 | USD |
CY2019Q1 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
|
1890000 | USD |
CY2019Q1 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
1165188000 | USD |
CY2018Q1 | us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
-6035000 | USD |
CY2019Q1 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
7891000 | USD |
CY2018Q4 | us-gaap |
Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
|
6517000 | USD |
CY2019Q1 | us-gaap |
Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
|
6001000 | USD |
CY2018Q4 | us-gaap |
Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
|
0 | USD |
CY2019Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.44 | |
CY2019Q1 | us-gaap |
Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
|
2349634000 | USD |
CY2019Q1 | us-gaap |
Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
|
1601646000 | USD |
CY2019Q1 | us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
9201000 | USD |
CY2018Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
9740000 | USD |
CY2019Q1 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
1166234000 | USD |
CY2019Q1 | us-gaap |
Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
|
0 | USD |
CY2018Q1 | us-gaap |
Derivatives Used In Net Investment Hedge Tax Expense Benefit
DerivativesUsedInNetInvestmentHedgeTaxExpenseBenefit
|
1637000 | USD |
CY2018Q1 | us-gaap |
Dividends Share Based Compensation Cash
DividendsShareBasedCompensationCash
|
1265000 | USD |
CY2019Q1 | us-gaap |
Dividends Share Based Compensation Cash
DividendsShareBasedCompensationCash
|
103000 | USD |
CY2018Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.79 | |
CY2019Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.44 | |
CY2018Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.79 | |
CY2019Q1 | us-gaap |
Derivatives Used In Net Investment Hedge Tax Expense Benefit
DerivativesUsedInNetInvestmentHedgeTaxExpenseBenefit
|
10000 | USD |
CY2018Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
180640000 | USD |
CY2019Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
198933000 | USD |
CY2018Q1 | us-gaap |
Dividends Share Based Compensation
DividendsShareBasedCompensation
|
2216000 | USD |
CY2019Q1 | us-gaap |
Dividends Share Based Compensation
DividendsShareBasedCompensation
|
2395000 | USD |
CY2018Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
7903000 | USD |
CY2019Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-1695000 | USD |
CY2018Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.210 | |
CY2019Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.266 | |
CY2018Q4 | us-gaap |
Equity Securities Fv Ni
EquitySecuritiesFvNi
|
1717000 | USD |
CY2019Q1 | us-gaap |
Equity Securities Fv Ni
EquitySecuritiesFvNi
|
2231000 | USD |
CY2019Q1 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
27523000 | USD |
CY2019Q1 | us-gaap |
Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
|
26604000 | USD |
CY2019Q1 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
1222258000 | USD |
CY2019Q1 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
56024000 | USD |
CY2019Q1 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
70795000 | USD |
CY2019Q1 | us-gaap |
Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
|
159578000 | USD |
CY2019Q1 | us-gaap |
Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
|
158349000 | USD |
CY2019Q1 | us-gaap |
Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
|
157629000 | USD |
CY2019Q1 | us-gaap |
Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
|
158582000 | USD |
CY2019Q1 | us-gaap |
Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
|
113850000 | USD |
CY2019Q1 | us-gaap |
Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
|
1146030000 | USD |
CY2019Q1 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
31158000 | USD |
CY2019Q1 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
20086000 | USD |
CY2019Q1 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.10 | |
CY2019Q1 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P14Y | |
CY2018Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
2333296000 | USD |
CY2019Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
2243106000 | USD |
CY2019Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
2310091000 | USD |
CY2018Q4 | us-gaap |
Foreign Currency Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months
ForeignCurrencyCashFlowHedgeGainLossToBeReclassifiedDuringNext12Months
|
21400000 | USD |
CY2019Q1 | us-gaap |
Foreign Currency Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months
ForeignCurrencyCashFlowHedgeGainLossToBeReclassifiedDuringNext12Months
|
30300000 | USD |
CY2018Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-21491000 | USD |
CY2019Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-382000 | USD |
CY2018Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
203157000 | USD |
CY2019Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
215046000 | USD |
CY2019Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
42569000 | USD |
CY2018Q1 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
3314000 | USD |
CY2019Q1 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
9854000 | USD |
CY2018Q1 | us-gaap |
Interest Costs Incurred
InterestCostsIncurred
|
129591000 | USD |
CY2018Q4 | us-gaap |
Goodwill
Goodwill
|
4836388000 | USD |
CY2019Q1 | us-gaap |
Goodwill
Goodwill
|
4808085000 | USD |
CY2018Q1 | us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
0 | USD |
CY2019Q1 | us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
14400000 | USD |
CY2019Q1 | us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
14448000 | USD |
CY2018Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
79653000 | USD |
CY2019Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
160316000 | USD |
CY2018Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
16759000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-35143000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-11463000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
71275000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
84350000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
|
-15381000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
|
15825000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
6694000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
7833000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-16973000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-940000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
73716000 | USD |
CY2018Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
408000 | shares |
CY2019Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
276000 | shares |
CY2019Q1 | us-gaap |
Interest Costs Incurred
InterestCostsIncurred
|
132700000 | USD |
CY2018Q1 | us-gaap |
Interest Expense
InterestExpense
|
126277000 | USD |
CY2019Q1 | us-gaap |
Interest Expense
InterestExpense
|
122846000 | USD |
CY2018Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
103700000 | USD |
CY2019Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
136300000 | USD |
CY2018Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
4610000 | USD |
CY2019Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
4202000 | USD |
CY2019Q1 | us-gaap |
Lease Cost
LeaseCost
|
99248000 | USD |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
1999792000 | USD |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
1162046000 | USD |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
156559000 | USD |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
172042000 | USD |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
179696000 | USD |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
192859000 | USD |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
136590000 | USD |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
551108000 | USD |
CY2018Q4 | us-gaap |
Liabilities
Liabilities
|
13025359000 | USD |
CY2019Q1 | us-gaap |
Liabilities
Liabilities
|
14066303000 | USD |
CY2018Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
20244638000 | USD |
CY2019Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
22491091000 | USD |
CY2018Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1515071000 | USD |
CY2019Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1685351000 | USD |
CY2018Q4 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
73129000 | USD |
CY2019Q1 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
72796000 | USD |
CY2018Q4 | us-gaap |
Loans Payable Fair Value Disclosure
LoansPayableFairValueDisclosure
|
1389632000 | USD |
CY2019Q1 | us-gaap |
Loans Payable Fair Value Disclosure
LoansPayableFairValueDisclosure
|
1369241000 | USD |
CY2019Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
9801150000 | USD |
CY2019Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
|
5937807000 | USD |
CY2019Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
1002462000 | USD |
CY2019Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
1910324000 | USD |
CY2019Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
222777000 | USD |
CY2019Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
373127000 | USD |
CY2019Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
354653000 | USD |
CY2018Q4 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
1310663000 | USD |
CY2019Q1 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
1286749000 | USD |
CY2018Q4 | us-gaap |
Minority Interest
MinorityInterest
|
0 | USD |
CY2019Q1 | us-gaap |
Minority Interest
MinorityInterest
|
-324000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
674025000 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
986932000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-364926000 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-378467000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
300907000 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
421141000 | USD |
CY2018Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
62894000 | USD |
CY2019Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
118078000 | USD |
CY2018Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | USD |
CY2018Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | USD |
CY2019Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-331000 | USD |
CY2018Q4 | us-gaap |
Notes And Loans Payable
NotesAndLoansPayable
|
1383792000 | USD |
CY2019Q1 | us-gaap |
Notes And Loans Payable
NotesAndLoansPayable
|
1359545000 | USD |
CY2018Q4 | us-gaap |
Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
|
8422211000 | USD |
CY2019Q1 | us-gaap |
Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
|
8721018000 | USD |
CY2019Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
3 | Segment |
CY2018Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
225875000 | USD |
CY2019Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
279508000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
51639000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
1448684000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
132162000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
144405000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
1316522000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
1312262000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
49262000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
1457822000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
1468762000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.04 | |
CY2019Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P13Y | |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
1969240000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
187280000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
147677000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
69144000 | USD |
CY2019Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
274259000 | USD |
CY2019Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
258908000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
145851000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-81719000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
0 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
-10000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
158115000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
166159000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
179515000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
1130494000 | USD |
CY2018Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
274857000 | USD |
CY2018Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
533252000 | USD |
CY2019Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
458097000 | USD |
CY2019Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
469784000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
-4080000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
8224000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
|
1360000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
|
-2741000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
3344000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
0 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
7000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-8000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
11000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
|
6000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
|
1000 | USD |
CY2018Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
126995000 | USD |
CY2019Q1 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
113969000 | USD |
CY2019Q1 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
120540000 | USD |
CY2018Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
629763000 | USD |
CY2019Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
544062000 | USD |
CY2019Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
541491000 | USD |
CY2018Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-4504000 | USD |
CY2019Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-5157000 | USD |
CY2018Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-3064000 | USD |
CY2019Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-166000 | USD |
CY2018Q1 | us-gaap |
Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
|
20704000 | USD |
CY2019Q1 | us-gaap |
Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
|
0 | USD |
CY2018Q1 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
11583000 | USD |
CY2019Q1 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | USD |
CY2018Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
186999000 | USD |
CY2019Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
204603000 | USD |
CY2018Q1 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
29265000 | USD |
CY2019Q1 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
9297000 | USD |
CY2019Q1 | us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
5721000 | USD |
CY2018Q1 | us-gaap |
Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
|
349729000 | USD |
CY2019Q1 | us-gaap |
Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
|
363967000 | USD |
CY2018Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
349729000 | USD |
CY2019Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
363967000 | USD |
CY2018Q1 | us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
14700000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | USD |
CY2019Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1213434000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
|
929850000 | USD |
CY2019Q1 | us-gaap |
Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
|
0 | USD |
CY2018Q1 | us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
25847000 | USD |
CY2019Q1 | us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
27593000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
|
28768000 | USD |
CY2019Q1 | us-gaap |
Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
|
518000 | USD |
CY2018Q1 | us-gaap |
Profit Loss
ProfitLoss
|
62894000 | USD |
CY2019Q1 | us-gaap |
Profit Loss
ProfitLoss
|
117747000 | USD |
CY2018Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
11026020000 | USD |
CY2019Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
10898210000 | USD |
CY2019Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
10732909000 | USD |
CY2018Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
3281000 | USD |
CY2019Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
4594000 | USD |
CY2018Q1 | us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
55787000 | USD |
CY2018Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
6599000 | USD |
CY2019Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
18334000 | USD |
CY2018Q1 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
33460000 | USD |
CY2019Q1 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
11305000 | USD |
CY2018Q1 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
11342000 | USD |
CY2019Q1 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
10366000 | USD |
CY2018Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
889948000 | USD |
CY2019Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
1002053000 | USD |
CY2019Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
883975000 | USD |
CY2019Q1 | us-gaap |
Revenue Performance Obligation Description Of Timing
RevenuePerformanceObligationDescriptionOfTiming
|
P24M | |
CY2019Q1 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
7200000000 | USD |
CY2018Q1 | us-gaap |
Revenues
Revenues
|
1215877000 | USD |
CY2019Q1 | us-gaap |
Revenues
Revenues
|
1363218000 | USD |
CY2019Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
16307000 | USD |
CY2019Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
28987000 | USD |
CY2018Q1 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
159776000 | USD |
CY2019Q1 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
169715000 | USD |
CY2018Q4 | us-gaap |
Senior Long Term Notes
SeniorLongTermNotes
|
8128785000 | USD |
CY2019Q1 | us-gaap |
Senior Long Term Notes
SeniorLongTermNotes
|
8067385000 | USD |
CY2018Q4 | us-gaap |
Senior Notes Current
SeniorNotesCurrent
|
300999000 | USD |
CY2019Q1 | us-gaap |
Senior Notes Current
SeniorNotesCurrent
|
300488000 | USD |
CY2018Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
42536000 | USD |
CY2019Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
49023000 | USD |
CY2018Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
4540000 | USD |
CY2019Q1 | us-gaap |
Short Term Investments
ShortTermInvestments
|
13833000 | USD |
CY2019Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
2985575 | shares |
CY2019Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
1213400000 | USD |
CY2019Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
1213434000 | USD |
CY2018Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
25847000 | USD |
CY2019Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
27593000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6849790000 | USD |
CY2018Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7140551000 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7219279000 | USD |
CY2019Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
8425112000 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
7219279000 | USD |
CY2019Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
8424788000 | USD |
CY2018Q1 | us-gaap |
Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax
|
-72635000 | USD |
CY2019Q1 | us-gaap |
Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax
|
76850000 | USD |
CY2018Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
396859 | shares |
CY2019Q1 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
395153 | shares |
CY2018Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
145161000 | USD |
CY2019Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
144801000 | USD |
CY2018Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
79649000 | shares |
CY2019Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
82090000 | shares |
CY2018Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
79241000 | shares |
CY2019Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
81814000 | shares |
CY2019Q1 | us-gaap |
Derivatives Methods Of Accounting Hedging Derivatives
DerivativesMethodsOfAccountingHedgingDerivatives
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:16px;padding-top:16px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Derivatives and Hedging Activities</font></div><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company uses derivative instruments, including foreign currency forwards and options and cross-currency interest rate swaps, to manage certain foreign currency exposures. Derivative instruments are viewed as risk management tools by the Company and are not used for speculative purposes. The Company recognizes all derivatives on the Company's condensed consolidated balance sheets at fair value. The accounting for changes in the value of a derivative depends on whether the contract qualifies and has been designated for hedge accounting. In order to qualify for hedge accounting, a derivative must be considered highly effective at reducing the risk associated with the exposure being hedged and there must be documentation of the risk management objective and strategy, including identification of the hedging instrument, the hedged item and the risk exposure, and the effectiveness assessment methodology. For cash flow hedges, the Company uses regression analysis at the time they are designated to assess their effectiveness. Hedge designations are reviewed on a quarterly basis to assess whether circumstances have changed that would disrupt the hedge instrument’s relationship to the forecasted transactions or net investment. </font></div><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company uses the forward method to assess effectiveness of qualifying foreign currency forwards that are designated as cash flow hedges, whereby, the change in the fair value of the derivative is recorded in other comprehensive income (loss) and reclassified to the same line item in the condensed consolidated statement of operations that is used to present the earnings effect of the hedged item when the hedged item affects earnings. The Company uses the spot method to assess effectiveness of qualifying foreign currency exchange options that are designated as cash flow hedges, whereby, the change in fair value due to foreign currency exchange spot rates is recorded in other comprehensive income (loss) and reclassified to the same line item in the condensed consolidated statement of operations that is used to present the earnings effect of the hedged item when the hedged item affects earnings, and the change in fair value of the excluded component is recorded in other comprehensive income (loss) and amortized on a straight-line basis to the same line item in the condensed consolidated statement of operations that is used to present the earnings effect of the hedged item. When two or more derivative instruments in combination are jointly designated as a cash flow hedging instrument, as with foreign currency exchange option collars, they are treated as a single instrument. If the hedge relationship is terminated for any derivatives designated as cash flow hedges, then the change in fair value of the derivative recorded in other comprehensive income (loss) is recognized in earnings when the previously hedged item affects earnings, consistent with the original hedge strategy. For hedge relationships discontinued because the forecasted transaction is not expected to occur according to the original strategy, any related derivative amounts recorded in other comprehensive income (loss) are immediately recognized in earnings.</font></div><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company uses the spot method to assess effectiveness of cross-currency interest rate swaps that are designated as net investment hedges, whereby, the change in fair value due to foreign currency exchange spot rates is recorded in other comprehensive income (loss) and the change in fair value of the excluded component is recorded in other comprehensive income (loss) and amortized to interest expense on a straight-line basis. </font></div><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">From time to time, the Company also uses foreign exchange forward contracts to hedge against the effect of foreign exchange rate fluctuations on a portion of its net investment in the foreign subsidiaries. The Company uses the spot method to assess effectiveness of qualifying foreign currency forwards that are designated as net investment hedges, whereby, the change in fair value due to foreign currency exchange spot rates is recorded in other comprehensive income (loss) and the change in fair value of the excluded component is recorded in other comprehensive income (loss) and amortized to interest expense on a straight-line basis. </font></div><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign currency gains or losses associated with derivatives that are not designated as hedging instruments for accounting purposes are recorded within other income (expense) in the Company’s condensed consolidated statements of operations, with the exception of (i) foreign currency embedded derivatives contained in certain of the Company’s customer contracts and (ii) foreign exchange forward contracts that are entered into to hedge the accounting impact of the foreign currency embedded derivatives, which are recorded within revenues in the Company’s condensed consolidated statements of operations.</font></div><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For further information on derivatives and hedging activities, see Note 5 below.</font></div></div><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Cash Flow Hedges</font><font style="font-family:inherit;font-size:10pt;">. The Company hedges its foreign currency translation exposure for forecasted revenues and expenses in its EMEA region between the U.S. Dollar and the British Pound, Euro, Swedish Krona and Swiss Franc. The foreign currency forward contracts that the Company uses to hedge this exposure are designated as cash flow hedges. As of </font><font style="font-family:inherit;font-size:10pt;">March 31, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December 31, 2018</font><font style="font-family:inherit;font-size:10pt;">, the total notional amounts of these foreign exchange contracts were </font><font style="font-family:inherit;font-size:10pt;">$874.4 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$760.9 million</font><font style="font-family:inherit;font-size:10pt;">, respectively. </font></div><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company enters into intercompany hedging instruments ("intercompany derivatives") with wholly-owned subsidiaries of the Company in order to hedge certain forecasted revenues and expenses denominated in currencies other than the U.S. Dollar. Simultaneously, the Company enters into derivative contracts with unrelated third parties to externally hedge the net exposure created by such intercompany derivatives.</font></div></div><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;padding-top:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Derivatives Designated as Hedging Instruments</font></div><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Net Investment Hedges.</font><font style="font-family:inherit;font-size:10pt;"> The Company is exposed to the impact of foreign exchange rate fluctuations on the value of investments in its foreign subsidiaries whose functional currencies are other than the U.S. Dollar. In order to mitigate the impact of foreign currency exchange rates, the Company has entered into various foreign currency debt obligations, which are designated as hedges against the Company's net investments in foreign subsidiaries. As of </font><font style="font-family:inherit;font-size:10pt;">March 31, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December 31, 2018</font><font style="font-family:inherit;font-size:10pt;">, the total principal amounts of foreign currency debt obligations designated as net investment hedges were </font><font style="font-family:inherit;font-size:10pt;">$4,113.0 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$4,139.8 million</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company also uses cross-currency interest rate swaps to hedge a portion of its net investment in its European operations. As of </font><font style="font-family:inherit;font-size:10pt;">March 31, 2019</font><font style="font-family:inherit;font-size:10pt;">, U.S. Dollar to Euro cross-currency interest rate swap contracts with a total notional amount of </font><font style="font-family:inherit;font-size:10pt;">$750.0 million</font><font style="font-family:inherit;font-size:10pt;"> were outstanding, with maturity dates in April 2022, January 2024 and January 2025. At maturity of each outstanding contract, the Company will receive U.S. Dollars from and pay Euros to the contract counterparty. During the term of each contract, the Company receives interest payments in U.S. Dollars and makes interest payments in Euros based on a notional amount and fixed interest rates determined at contract inception. The Company did not have any cross-currency interest rate swaps outstanding as of </font><font style="font-family:inherit;font-size:10pt;">December 31, 2018</font><font style="font-family:inherit;font-size:10pt;">. </font></div><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"></font></div></div> | |
CY2019Q1 | us-gaap |
Derivatives Methods Of Accounting Nonhedging Derivatives
DerivativesMethodsOfAccountingNonhedgingDerivatives
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;padding-top:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Derivatives Not Designated as Hedging Instruments</font></div><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Embedded Derivatives</font><font style="font-family:inherit;font-size:10pt;">. The Company is deemed to have foreign currency forward contracts embedded in certain of the Company's customer agreements that are priced in currencies different from the functional or local currencies of the parties involved. These embedded derivatives are separated from their host contracts and carried on the Company's balance sheet at their fair value. The majority of these embedded derivatives arise as a result of the Company's foreign subsidiaries pricing their customer contracts in U.S. Dollar.</font></div><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Economic Hedges of Embedded Derivatives</font><font style="font-family:inherit;font-size:10pt;">. The Company uses foreign currency forward contracts to manage the foreign exchange risk associated with the Company's customer agreements that are priced in currencies different from the functional or local currencies of the parties involved ("economic hedges of embedded derivatives"). Foreign currency forward contracts represent agreements to exchange the currency of one country for the currency of another country at an agreed-upon price on an agreed-upon settlement date.</font></div><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Foreign Currency Forward Contracts</font><font style="font-family:inherit;font-size:10pt;">. The Company also uses foreign currency forward contracts to manage the foreign exchange risk associated with certain foreign currency-denominated monetary assets and liabilities. As a result of foreign currency fluctuations, the U.S. Dollar equivalent values of its foreign currency-denominated monetary assets and liabilities change. Gains and losses on these contracts are included in other income (expense), on a net basis, along with the foreign currency gains and losses of the related foreign currency-denominated monetary assets and liabilities associated with these foreign currency forward contracts.</font></div></div> |