$F
FORD MOTOR CO

2020 Q2 Form 10-Q Financial Statement

#000003799620000057 Filed on July 31, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2019 Q2
Revenue $19.37B $38.85B
YoY Change -50.14% -0.17%
Cost Of Revenue $17.93B $33.66B
YoY Change -46.72% 1.39%
Gross Profit $1.439B $5.196B
YoY Change -72.31% -9.26%
Gross Profit Margin 7.43% 13.37%
Selling, General & Admin $1.965B $2.725B
YoY Change -27.89% -1.91%
% of Gross Profit 136.55% 52.44%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.358B
YoY Change
% of Gross Profit 163.86%
Operating Expenses $1.965B $2.725B
YoY Change -27.89% -1.91%
Operating Profit -$2.759B $90.00M
YoY Change -3165.56% -96.95%
Interest Expense $3.171B -$139.0M
YoY Change -2381.29% -148.43%
% of Operating Profit -154.44%
Other Income/Expense, Net $4.318B $272.0M
YoY Change 1487.5% -72.91%
Pretax Income $1.084B $205.0M
YoY Change 428.78% -84.8%
Income Tax -$34.00M $55.00M
% Of Pretax Income -3.14% 26.83%
Net Earnings $1.118B $150.0M
YoY Change 645.33% -85.97%
Net Earnings / Revenue 5.77% 0.39%
Basic Earnings Per Share $0.28 $0.04
Diluted Earnings Per Share $0.28 $0.04
COMMON SHARES
Basic Shares Outstanding 3.975B shares 3.984B shares
Diluted Shares Outstanding 3.992B shares 4.013B shares

Balance Sheet

Concept 2020 Q2 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $57.13B $38.05B
YoY Change 50.15% 4.31%
Cash & Equivalents $30.99B $22.12B
Short-Term Investments $26.14B $15.93B
Other Short-Term Assets $4.214B $3.169B
YoY Change 32.98% -12.07%
Inventory $10.22B $12.44B
Prepaid Expenses
Receivables $9.107B $10.94B
Other Receivables $42.72B $53.76B
Total Short-Term Assets $124.1B $118.4B
YoY Change 4.87% 2.89%
LONG-TERM ASSETS
Property, Plant & Equipment $35.28B $36.58B
YoY Change -3.57% 2.81%
Goodwill $254.0M $265.0M
YoY Change -4.15% -2.93%
Intangibles
YoY Change
Long-Term Investments $4.651B $2.637B
YoY Change 76.37% -14.58%
Other Assets $12.56B $10.79B
YoY Change 16.41% 29.99%
Total Long-Term Assets $145.3B $143.8B
YoY Change 0.99% 0.54%
TOTAL ASSETS
Total Short-Term Assets $124.1B $118.4B
Total Long-Term Assets $145.3B $143.8B
Total Assets $269.4B $262.2B
YoY Change 2.74% 1.59%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $16.36B $22.98B
YoY Change -28.81% 1.04%
Accrued Expenses $3.450B $4.015B
YoY Change -14.07% 35.14%
Deferred Revenue
YoY Change
Short-Term Debt $12.85B $15.44B
YoY Change -16.78% -6.71%
Long-Term Debt Due $42.49B $37.41B
YoY Change 13.59% 8.96%
Total Short-Term Liabilities $92.78B $98.33B
YoY Change -5.65% 3.66%
LONG-TERM LIABILITIES
Long-Term Debt $119.9B $103.2B
YoY Change 16.15% 1.23%
Other Long-Term Liabilities $25.39B $24.03B
YoY Change 5.65% -0.31%
Total Long-Term Liabilities $25.39B $24.03B
YoY Change 5.65% -0.31%
TOTAL LIABILITIES
Total Short-Term Liabilities $92.78B $98.33B
Total Long-Term Liabilities $25.39B $24.03B
Total Liabilities $238.5B $226.0B
YoY Change 5.51% 2.05%
SHAREHOLDERS EQUITY
Retained Earnings $18.65B $22.77B
YoY Change -18.11% -0.97%
Common Stock $22.21B $22.11B
YoY Change 0.45% 0.72%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.601B $1.388B
YoY Change 15.35% 3.43%
Treasury Stock Shares
Shareholders Equity $30.82B $36.10B
YoY Change
Total Liabilities & Shareholders Equity $269.4B $262.2B
YoY Change 2.74% 1.59%

Cashflow Statement

Concept 2020 Q2 2019 Q2
OPERATING ACTIVITIES
Net Income $1.118B $150.0M
YoY Change 645.33% -85.97%
Depreciation, Depletion And Amortization $2.358B
YoY Change
Cash From Operating Activities $9.115B $6.463B
YoY Change 41.03% 29.99%
INVESTING ACTIVITIES
Capital Expenditures -$1.175B -$1.920B
YoY Change -38.8% 0.58%
Acquisitions
YoY Change
Other Investing Activities -$9.926B -$570.0M
YoY Change 1641.4% 0.18%
Cash From Investing Activities -$11.10B -$2.490B
YoY Change 345.82% 0.48%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 6.937B -2.681B
YoY Change -358.75% -16.38%
NET CHANGE
Cash From Operating Activities 9.115B 6.463B
Cash From Investing Activities -11.10B -2.490B
Cash From Financing Activities 6.937B -2.681B
Net Change In Cash 4.951B 1.292B
YoY Change 283.2% -281.46%
FREE CASH FLOW
Cash From Operating Activities $9.115B $6.463B
Capital Expenditures -$1.175B -$1.920B
Free Cash Flow $10.29B $8.383B
YoY Change 22.75% 21.83%

Facts In Submission

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us-gaap Financing Receivable Allowance For Credit Losses Policy For Uncollectible Amounts
FinancingReceivableAllowanceForCreditLossesPolicyForUncollectibleAmounts
<div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;">The allowance for credit losses represents an estimate of the lifetime expected credit losses inherent in finance receivables as of the balance sheet date. </span></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;">Additions to the allowance for credit losses are made by recording charges to</span><span style="font-family:Arial;font-size:10pt;font-weight:bold;"> </span><span style="font-family:Arial;font-size:10pt;font-style:italic;">Ford Credit interest, operating, and other expenses</span><span style="font-family:Arial;font-size:10pt;"> on our consolidated income statements. The uncollectible portion of a finance receivable is charged to the allowance for credit losses at the earlier of when an account is deemed to be uncollectible or when an account is </span><span style="font-family:Arial;font-size:10pt;"><span>120</span></span><span style="font-family:Arial;font-size:10pt;"> days delinquent, taking into consideration the financial condition of the customer or borrower, the value of the collateral, recourse to guarantors, and other factors</span><span style="font-family:Arial;font-size:10pt;color:#0070c0;font-style:italic;">.</span></div><div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;">Charge-offs on finance receivables include uncollected amounts related to principal, interest, late fees, and other allowable charges. Recoveries on finance receivables previously charged off as uncollectible are credited to the allowance for credit losses. In the event Ford Credit repossesses the collateral, the receivable is charged off and the collateral is recorded at its estimated fair value less costs to sell and reported in </span><span style="font-family:Arial;font-size:10pt;font-style:italic;">Other assets</span><span style="font-family:Arial;font-size:10pt;"> on our consolidated balance sheets.</span></div>
CY2020Q2 us-gaap Financing Receivable Threshold Period Past Due Writeoff
FinancingReceivableThresholdPeriodPastDueWriteoff
P120D
CY2019Q4 us-gaap Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
4402000000 USD
CY2020Q2 us-gaap Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
4367000000 USD
CY2019Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
6384000000 USD
CY2020Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
5853000000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
10786000000 USD
CY2020Q2 us-gaap Inventory Net
InventoryNet
10220000000 USD
CY2019Q4 f Dealer And Dealers Customer Allowances And Claims Noncurrent
DealerAndDealersCustomerAllowancesAndClaimsNoncurrent
1921000000 USD
CY2020Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
20792000000 USD
CY2019Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
1200000000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
278000000 USD
CY2020Q2 us-gaap Goodwill
Goodwill
254000000 USD
CY2019Q4 f Dealer And Dealers Customer Allowances And Claims
DealerAndDealersCustomerAllowancesAndClaims
13113000000 USD
CY2020Q2 f Dealer And Dealers Customer Allowances And Claims
DealerAndDealersCustomerAllowancesAndClaims
11632000000 USD
CY2019Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
2091000000 USD
CY2020Q2 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
2021000000 USD
CY2019Q4 us-gaap Deferred Compensation Liability Current
DeferredCompensationLiabilityCurrent
1857000000 USD
CY2020Q2 us-gaap Deferred Compensation Liability Current
DeferredCompensationLiabilityCurrent
1483000000 USD
CY2019Q4 us-gaap Interest Payable Current
InterestPayableCurrent
1128000000 USD
CY2020Q2 us-gaap Interest Payable Current
InterestPayableCurrent
1117000000 USD
CY2019Q4 f Other Postretirement Defined Benefit Plan Liabilities Current
OtherPostretirementDefinedBenefitPlanLiabilitiesCurrent
332000000 USD
CY2020Q2 f Other Postretirement Defined Benefit Plan Liabilities Current
OtherPostretirementDefinedBenefitPlanLiabilitiesCurrent
327000000 USD
CY2019Q4 us-gaap Defined Benefit Pension Plan Liabilities Current
DefinedBenefitPensionPlanLiabilitiesCurrent
185000000 USD
CY2020Q2 us-gaap Defined Benefit Pension Plan Liabilities Current
DefinedBenefitPensionPlanLiabilitiesCurrent
184000000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
367000000 USD
CY2020Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
339000000 USD
CY2019Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
3914000000 USD
CY2020Q2 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
3689000000 USD
CY2019Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
22987000000 USD
CY2020Q2 f Dealer And Dealers Customer Allowances And Claims Noncurrent
DealerAndDealersCustomerAllowancesAndClaimsNoncurrent
2464000000 USD
CY2019Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
4191000000 USD
CY2020Q2 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
4257000000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1047000000 USD
CY2020Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
914000000 USD
CY2019Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
1104000000 USD
CY2020Q2 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
1105000000 USD
CY2019Q4 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
1443000000 USD
CY2020Q2 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
1503000000 USD
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
25324000000 USD
CY2020Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
25391000000 USD
CY2019Q4 f Defined Benefit Plan Net Assets For Plan Benefits Current And Noncurrent
DefinedBenefitPlanNetAssetsForPlanBenefitsCurrentAndNoncurrent
3200000000 USD
CY2020Q2 f Defined Benefit Plan Net Assets For Plan Benefits Current And Noncurrent
DefinedBenefitPlanNetAssetsForPlanBenefitsCurrentAndNoncurrent
3800000000 USD
CY2019Q2 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
168000000 USD
CY2020Q2 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-56000000 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
5000000 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
223000000 USD
CY2019Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
137179000000 USD
CY2020Q2 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
135228000000 USD
CY2019Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
390000000 USD
CY2019Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
772000000 USD
CY2020Q2 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
1239000000 USD
CY2020Q2 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
683000000 USD
CY2019Q4 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
840000000 USD
CY2019Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
306000000 USD
CY2020Q2 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
1968000000 USD
CY2020Q2 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
334000000 USD
CY2019Q4 us-gaap Derivative Assets
DerivativeAssets
1230000000 USD
CY2019Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
1078000000 USD
CY2020Q2 us-gaap Derivative Assets
DerivativeAssets
3207000000 USD
CY2020Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
1017000000 USD
CY2019Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
18000000 USD
CY2020Q2 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
20000000 USD
CY2019Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
78000000 USD
CY2020Q2 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
91000000 USD
CY2020Q2 us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
165000000 USD
CY2020Q2 us-gaap Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
400000000 USD
us-gaap Guarantees Indemnifications And Warranties Policies
GuaranteesIndemnificationsAndWarrantiesPolicies
<div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;font-weight:bold;">Warranty and Field Service Actions</span></div><div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;">We accrue the estimated cost of both base warranty coverages and field service actions at the time of sale. We establish our estimate of base warranty obligations using a patterned estimation model, using historical information regarding the nature, frequency, and average cost of claims for each vehicle line by model year. We establish our estimates of field service action obligations using a patterned estimation model, using historical information regarding the nature, frequency, severity, and average cost of claims for each model year. In addition, from time to time, we issue extended warranties at our expense, the estimated cost of which is accrued at the time of issuance. Warranty and field service action obligations are reported in </span><span style="font-family:Arial;font-size:10pt;font-style:italic;">Other liabilities and deferred revenue</span><span style="font-family:Arial;font-size:10pt;">. We reevaluate the adequacy of our accruals on a regular basis.</span></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;">We recognize the benefit from a recovery of the costs associated with our warranty and field service actions when specifics of the recovery have been agreed with our supplier and the amount of recovery is virtually certain. Recoveries are reported in </span><span style="font-family:Arial;font-size:10pt;font-style:italic;">Trade and other receivables, net </span><span style="font-family:Arial;font-size:10pt;">and</span><span style="font-family:Arial;font-size:10pt;font-style:italic;"> Other assets.</span></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;"><br/></span></div>uarantees and indemnifications are recorded at fair value at their inception. We regularly review our performance risk under these arrangements, and in the event it becomes probable we will be required to perform under a guarantee or indemnity, the amount of probable payment is recorded. The maximum potential payments for non-financial guarantees were <span style="font-family:Arial;font-size:10pt;"><span>$587 million</span></span><span style="font-family:Arial;font-size:10pt;"> and </span><span style="font-family:Arial;font-size:10pt;"><span>$415 million</span></span><span style="font-family:Arial;font-size:10pt;"> at </span><span style="font-family:Arial;font-size:10pt;">December 31,</span><span style="font-family:inherit;font-size:10pt;"> </span><span style="font-family:Arial;font-size:10pt;">2019</span><span style="font-family:Arial;font-size:10pt;"> and </span><span style="font-family:Arial;font-size:10pt;">June 30,</span><span style="font-family:Arial;font-size:10pt;"> </span><span style="font-family:Arial;font-size:10pt;">2020</span><span style="font-family:Arial;font-size:10pt;">, respectively. The carrying value of recorded liabilities related to non-financial guarantees was </span><span style="font-family:Arial;font-size:10pt;"><span>$200 million</span></span><span style="font-family:Arial;font-size:10pt;"> and </span><span style="font-family:Arial;font-size:10pt;"><span>$110 million</span></span><span style="font-family:Arial;font-size:10pt;"> at </span><span style="font-family:Arial;font-size:10pt;">December 31,</span><span style="font-family:inherit;font-size:10pt;"> </span><span style="font-family:Arial;font-size:10pt;">2019</span><span style="font-family:Arial;font-size:10pt;"> and </span><span style="font-family:Arial;font-size:10pt;">June 30, 2020</span><span style="font-family:Arial;font-size:10pt;">, respectively. </span><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;">We guarantee the resale value of vehicles sold in certain arrangements to daily rental companies. The maximum potential payment of </span><span style="font-family:Arial;font-size:10pt;"><span>$410 million</span></span><span style="font-family:Arial;font-size:10pt;"> as of </span><span style="font-family:Arial;font-size:10pt;">June 30, 2020</span><span style="font-family:Arial;font-size:10pt;"> represents the total proceeds we guarantee the rental company will receive on re-sale.  Reflecting our present estimate of proceeds the rental companies will receive on resale from third parties, we have recorded </span><span style="font-family:Arial;font-size:10pt;"><span>$109 million</span></span><span style="font-family:Arial;font-size:10pt;"> as our best estimate of the amount we will have to pay under the guarantee.</span></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;">In the ordinary course of business, we execute contracts involving indemnifications standard in the industry and indemnifications specific to a transaction, such as the sale of a business. These indemnifications might include and are not limited to claims relating to any of the following: environmental, tax, and shareholder matters; intellectual property rights; power generation contracts; governmental regulations and employment-related matters; dealer, supplier, and other commercial contractual relationships; and financial matters, such as securitizations. Performance under these indemnities generally would be triggered by a breach of terms of the contract or a third-party claim. While some of these indemnifications are limited in nature, many of them do not limit potential payment. Therefore, we are unable to estimate a maximum amount of future payments that could result from claims made under these unlimited indemnities.</span></div>
CY2018Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
5137000000 USD
CY2019Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
5702000000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
2192000000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
1945000000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
1424000000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
1253000000 USD
us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
715000000 USD
us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
1183000000 USD
us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
23000000 USD
us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-112000000 USD
CY2019Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
5107000000 USD
CY2020Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
6081000000 USD
CY2019Q2 us-gaap Revenues
Revenues
38853000000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
205000000 USD
CY2019Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
87000000 USD
CY2019Q2 f Cashcashequivalentsmarketablesecuritiesandrestrictedcash
Cashcashequivalentsmarketablesecuritiesandrestrictedcash
38237000000 USD
CY2019Q2 us-gaap Assets
Assets
262184000000 USD
CY2020Q2 us-gaap Revenues
Revenues
19371000000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1084000000 USD
CY2020Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-25000000 USD
CY2020Q2 f Cashcashequivalentsmarketablesecuritiesandrestrictedcash
Cashcashequivalentsmarketablesecuritiesandrestrictedcash
57322000000 USD
CY2020Q2 us-gaap Assets
Assets
269366000000 USD
us-gaap Revenues
Revenues
79195000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1815000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
112000000 USD
us-gaap Revenues
Revenues
53691000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-62000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-66000000 USD

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