2020 Q4 Form 10-K Financial Statement

#000003799621000012 Filed on February 05, 2021

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q1 2019 Q4
Revenue $35.95B $34.32B $39.72B
YoY Change -9.48% -14.93% -4.97%
Cost Of Revenue $34.86B $30.52B $37.18B
YoY Change -6.22% -10.08% -2.59%
Gross Profit $1.090B $3.798B $2.540B
YoY Change -57.09% -40.66% -29.99%
Gross Profit Margin 3.03% 11.07% 6.4%
Selling, General & Admin $3.530B $2.432B $2.992B
YoY Change 17.98% -14.46% -0.13%
% of Gross Profit 323.85% 64.03% 117.8%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.081B $2.444B $2.379B
YoY Change -12.53% 0.62%
% of Gross Profit 190.92% 64.35% 93.66%
Operating Expenses $3.530B $2.432B $2.992B
YoY Change 17.98% -14.46% -0.13%
Operating Profit -$2.440B -$1.558B -$452.0M
YoY Change 439.82% -229.62% -171.52%
Interest Expense -$357.0M -$146.0M -$86.00M
YoY Change 315.12% -542.42% -66.54%
% of Operating Profit
Other Income/Expense, Net -$1.011B $680.0M -$1.892B
YoY Change -46.56% 8.28% 382.65%
Pretax Income -$3.810B -$1.146B -$2.436B
YoY Change 56.4% -171.18% 14229.41%
Income Tax -$1.019B $847.0M -$859.0M
% Of Pretax Income
Net Earnings -$2.788B -$1.993B -$1.672B
YoY Change 66.75% -268.47% 1341.38%
Net Earnings / Revenue -7.75% -5.81% -4.21%
Basic Earnings Per Share -$0.50
Diluted Earnings Per Share -$700.7K -$0.50 -$422.2K
COMMON SHARES
Basic Shares Outstanding 3.963B shares
Diluted Shares Outstanding 3.963B shares

Balance Sheet

Concept 2020 Q4 2020 Q1 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $49.96B $46.37B $34.65B
YoY Change 44.18% 22.9% 2.06%
Cash & Equivalents $25.24B $25.97B $17.50B
Short-Term Investments $24.72B $20.40B $17.15B
Other Short-Term Assets $3.581B $4.380B $3.339B
YoY Change 7.25% 11.68% -15.04%
Inventory $10.81B $11.31B $10.79B
Prepaid Expenses
Receivables $9.993B $9.234B $9.237B
Other Receivables $42.40B $54.89B $53.65B
Total Short-Term Assets $116.7B $124.3B $114.0B
YoY Change 2.36% 2.54% -0.53%
LONG-TERM ASSETS
Property, Plant & Equipment $37.08B $35.29B $36.47B
YoY Change 1.68% -2.35% 0.8%
Goodwill $258.0M $278.0M $278.0M
YoY Change -7.19% 5.3% 5.3%
Intangibles
YoY Change
Long-Term Investments $4.901B $2.512B $2.519B
YoY Change 94.56% -3.57% -7.01%
Other Assets $12.88B $11.73B $10.71B
YoY Change 20.33% 26.75% 35.02%
Total Long-Term Assets $150.5B $139.9B $144.5B
YoY Change 4.17% -1.56% 1.83%
TOTAL ASSETS
Total Short-Term Assets $116.7B $124.3B $114.0B
Total Long-Term Assets $150.5B $139.9B $144.5B
Total Assets $267.3B $264.2B $258.5B
YoY Change 3.37% 0.33% 0.78%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $22.20B $18.44B $20.67B
YoY Change 7.41% -20.95% -3.94%
Accrued Expenses $3.822B $3.301B $3.869B
YoY Change -1.21% -0.09% 17.74%
Deferred Revenue
YoY Change
Short-Term Debt $12.04B $12.99B $14.03B
YoY Change -14.18% -17.96% -8.4%
Long-Term Debt Due $39.30B $39.92B $39.91B
YoY Change -1.54% 3.12% 4.56%
Total Short-Term Liabilities $97.19B $94.49B $98.13B
YoY Change -0.96% -4.78% 2.68%
LONG-TERM LIABILITIES
Long-Term Debt $291.0M $114.4B $470.0M
YoY Change -38.09% 11.5% -21.67%
Other Long-Term Liabilities $28.38B $25.11B $25.32B
YoY Change 12.06% 3.67% 7.36%
Total Long-Term Liabilities $28.67B $25.11B $25.79B
YoY Change 11.15% 3.67% 6.64%
TOTAL LIABILITIES
Total Short-Term Liabilities $97.19B $94.49B $98.13B
Total Long-Term Liabilities $28.67B $25.11B $25.79B
Total Liabilities $236.5B $234.5B $225.3B
YoY Change 4.95% 3.41% 2.19%
SHAREHOLDERS EQUITY
Retained Earnings $18.24B $20.12B $20.32B
YoY Change -10.22% -11.3% -10.36%
Common Stock $22.29B $22.15B $22.17B
YoY Change 0.56% 0.56% 0.72%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.590B $1.607B $1.613B
YoY Change -1.43% 15.28% 13.83%
Treasury Stock Shares
Shareholders Equity $30.69B $29.65B $33.19B
YoY Change
Total Liabilities & Shareholders Equity $267.3B $264.2B $258.5B
YoY Change 3.37% 0.33% 0.78%

Cashflow Statement

Concept 2020 Q4 2020 Q1 2019 Q4
OPERATING ACTIVITIES
Net Income -$2.788B -$1.993B -$1.672B
YoY Change 66.75% -268.47% 1341.38%
Depreciation, Depletion And Amortization $2.081B $2.444B $2.379B
YoY Change -12.53% 0.62%
Cash From Operating Activities $4.539B -$473.0M $2.900B
YoY Change 56.52% -113.35% 113.71%
INVESTING ACTIVITIES
Capital Expenditures -$1.531B -$1.780B -$2.274B
YoY Change -32.67% 9.0% 7.47%
Acquisitions
YoY Change
Other Investing Activities -$4.214B $84.00M -$3.076B
YoY Change 37.0% -255.56% 98.45%
Cash From Investing Activities -$5.745B -$3.114B -$5.350B
YoY Change 7.38% 133.43% 45.94%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net $12.95B
YoY Change -2.48%
Cash From Financing Activities 2.284B $12.45B -689.0M
YoY Change -431.49% 564.92% -230.99%
NET CHANGE
Cash From Operating Activities 4.539B -$473.0M 2.900B
Cash From Investing Activities -5.745B -$3.114B -5.350B
Cash From Financing Activities 2.284B $12.45B -689.0M
Net Change In Cash 1.078B $8.419B -3.139B
YoY Change -134.34% 104.74% 76.05%
FREE CASH FLOW
Cash From Operating Activities $4.539B -$473.0M $2.900B
Capital Expenditures -$1.531B -$1.780B -$2.274B
Free Cash Flow $6.070B $1.307B $5.174B
YoY Change 17.32% -74.75% 48.98%

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<div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div><span><br/></span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements requires us to make estimates and assumptions that affect our results. Estimates are used to account for certain items such as marketing accruals, warranty costs, employee benefit programs, allowance for credit losses, and other items requiring judgment.  Estimates are based on assumptions that we believe are reasonable under the circumstances. Due to the inherent uncertainty involved with estimates, actual results may differ.</span></div>
CY2018 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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25000000 USD
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3600000000 USD
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CY2020Q1 us-gaap Deferred Tax Liabilities
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<span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Leasing Income. </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We sell vehicles to daily rental companies with an obligation to repurchase the vehicles for a guaranteed amount, exercisable at the option of the customer. The transactions are accounted for as operating leases. Upon the transfer of vehicles to the daily rental companies, we record proceeds received in </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Other liabilities and deferred revenue. </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The difference between the proceeds received and the guaranteed repurchase amount is recorded in </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Automotive revenues </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">over the term of the lease using a straight-line method. The cost of the vehicle is recorded in </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Net investment in operating leases</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> on our consolidated balance sheets and the difference between the cost of the vehicle and the estimated auction value is depreciated in </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Cost of sales</span> over the term of the lease.
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786000000 USD
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-1602000000 USD
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69000000 USD
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809000000 USD
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33000000 USD
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-2000000 USD
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144000000 USD
CY2020 us-gaap Gain Loss On Investments
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325000000 USD
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42000000 USD
CY2019 f Gains Losses On Changes In Investments In Affiliates
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20000000 USD
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3446000000 USD
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CY2020 us-gaap Royalty Income Nonoperating
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2247000000 USD
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-226000000 USD
CY2020 us-gaap Nonoperating Income Expense
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4899000000 USD
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0.02
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CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
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CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
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CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
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2.17
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P1Y9M18D
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0
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CY2018 us-gaap Effective Income Tax Rate Continuing Operations
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CY2019Q4 us-gaap Unrecognized Tax Benefits
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0 USD
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CY2020Q4 us-gaap Restricted Cash
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CY2019Q4 us-gaap Notes Receivable Net
NotesReceivableNet
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CY2020Q4 us-gaap Notes Receivable Net
NotesReceivableNet
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CY2019Q4 f Finance Receivables Net Subject To Fair Value
FinanceReceivablesNetSubjectToFairValue
99168000000 USD
CY2020Q4 f Finance Receivables Net Subject To Fair Value
FinanceReceivablesNetSubjectToFairValue
89651000000 USD
CY2019Q4 f Uncollected Interest Receivable Excluded From Finance Receivable
UncollectedInterestReceivableExcludedFromFinanceReceivable
251000000 USD
CY2020Q4 f Uncollected Interest Receivable Excluded From Finance Receivable
UncollectedInterestReceivableExcludedFromFinanceReceivable
181000000 USD
CY2020Q4 us-gaap Financing Receivable Threshold Period Past Due Writeoff
FinancingReceivableThresholdPeriodPastDueWriteoff
P120D
CY2019Q4 us-gaap Inventory Work In Process And Raw Materials Net Of Reserves
InventoryWorkInProcessAndRawMaterialsNetOfReserves
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CY2020Q4 us-gaap Inventory Work In Process And Raw Materials Net Of Reserves
InventoryWorkInProcessAndRawMaterialsNetOfReserves
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CY2019Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
6384000000 USD
CY2020Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
6132000000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
10786000000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
10808000000 USD
CY2019Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
1200000000 USD
CY2020Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
1700000000 USD
CY2020 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
4369000000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
2530000000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
878000000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
98000000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
4000000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
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CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
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CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
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OtherDepreciationAndAmortization
2504000000 USD
CY2019 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
3449000000 USD
CY2020 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
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DepreciationDepletionandAmortizationIncludingImpairment
5413000000 USD
CY2019Q4 f Dealer And Dealers Customer Allowances And Claims
DealerAndDealersCustomerAllowancesAndClaims
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CY2020Q4 f Dealer And Dealers Customer Allowances And Claims
DealerAndDealersCustomerAllowancesAndClaims
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CY2019 f Depreciation Depletionand Amortization Including Impairment
DepreciationDepletionandAmortizationIncludingImpairment
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CY2020 f Depreciation Depletionand Amortization Including Impairment
DepreciationDepletionandAmortizationIncludingImpairment
5539000000 USD
CY2018 us-gaap Cost Of Property Repairs And Maintenance
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CY2019 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
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CY2020 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
1670000000 USD
CY2019Q4 us-gaap Equity Method Investments
EquityMethodInvestments
2519000000 USD
CY2020Q4 us-gaap Equity Method Investments
EquityMethodInvestments
4901000000 USD
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EquityMethodInvestmentDividendsOrDistributions
330000000 USD
CY2019 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
244000000 USD
CY2020 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
180000000 USD
CY2019Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
2091000000 USD
CY2020Q4 us-gaap Deferred Revenue Current
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CY2019Q4 us-gaap Deferred Compensation Liability Current
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1857000000 USD
CY2020Q4 us-gaap Deferred Compensation Liability Current
DeferredCompensationLiabilityCurrent
1752000000 USD
CY2019Q4 us-gaap Interest Payable Current
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CY2020Q4 us-gaap Interest Payable Current
InterestPayableCurrent
1215000000 USD
CY2019Q4 f Other Postretirement Defined Benefit Plan Liabilities Current
OtherPostretirementDefinedBenefitPlanLiabilitiesCurrent
332000000 USD
CY2020Q4 f Other Postretirement Defined Benefit Plan Liabilities Current
OtherPostretirementDefinedBenefitPlanLiabilitiesCurrent
339000000 USD
CY2019Q4 us-gaap Defined Benefit Pension Plan Liabilities Current
DefinedBenefitPensionPlanLiabilitiesCurrent
185000000 USD
CY2020Q4 us-gaap Defined Benefit Pension Plan Liabilities Current
DefinedBenefitPensionPlanLiabilitiesCurrent
193000000 USD
CY2019Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
3914000000 USD
CY2020Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
4960000000 USD
CY2019Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
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CY2020Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
23645000000 USD
CY2019Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
9878000000 USD
CY2020Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
10738000000 USD
CY2019Q4 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
5740000000 USD
CY2020Q4 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
6236000000 USD
CY2019Q4 f Dealer And Dealers Customer Allowances And Claims Noncurrent
DealerAndDealersCustomerAllowancesAndClaimsNoncurrent
1921000000 USD
CY2020Q4 f Dealer And Dealers Customer Allowances And Claims Noncurrent
DealerAndDealersCustomerAllowancesAndClaimsNoncurrent
3072000000 USD
CY2019Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
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CY2020Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
4559000000 USD
CY2019Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
1104000000 USD
CY2020Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
1074000000 USD
CY2019Q4 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
1443000000 USD
CY2020Q4 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
1709000000 USD
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
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CY2020Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
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DefinedContributionPlanCostRecognized
143000000 USD
CY2019 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
143000000 USD
CY2020 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
146000000 USD
CY2020Q4 f Defined Benefit Plan Percent Of Employer And Related Party Securities Included In Plan Assets Maximum
DefinedBenefitPlanPercentOfEmployerAndRelatedPartySecuritiesIncludedInPlanAssetsMaximum
0.01
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1415000000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1287000000 USD
CY2019Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
177000000 USD
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
414000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
366000000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
60000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
279000000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
54000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
210000000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
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CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
156000000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
35000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
117000000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
30000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
352000000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
303000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1480000000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
524000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
166000000 USD
CY2020Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
110000000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1314000000 USD
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
414000000 USD
CY2020Q4 f Lessee Finance Lease Lease Notyet Commenced Future Payments
LesseeFinanceLeaseLeaseNotyetCommencedFuturePayments
101000000 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
460000000 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
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CY2019 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
6000000 USD
CY2020 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
15000000 USD
CY2019 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
35000000 USD
CY2020 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
105000000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
527000000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
304000000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
43000000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
306000000 USD
CY2019 us-gaap Operating Lease Expense
OperatingLeaseExpense
467000000 USD
CY2020 us-gaap Operating Lease Expense
OperatingLeaseExpense
463000000 USD
CY2019 us-gaap Variable Lease Cost
VariableLeaseCost
53000000 USD
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
57000000 USD
CY2019 us-gaap Sublease Income
SubleaseIncome
16000000 USD
CY2020 us-gaap Sublease Income
SubleaseIncome
14000000 USD
CY2019 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
15000000 USD
CY2020 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
27000000 USD
CY2019 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
6000000 USD
CY2020 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
15000000 USD
CY2019 us-gaap Lease Cost
LeaseCost
525000000 USD
CY2020 us-gaap Lease Cost
LeaseCost
548000000 USD
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y3M18D
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y3M18D
CY2019Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y
CY2020Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P14Y9M18D
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.034
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.038
CY2019Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.033
CY2020Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.035
CY2020 f Lessee Finance Lease Term Of Contract Lease Commenced In Current Year
LesseeFinanceLeaseTermOfContractLeaseCommencedInCurrentYear
P20Y
CY2020Q4 f Lessee Finance Lease Amount Lease Commenced In Current Year
LesseeFinanceLeaseAmountLeaseCommencedInCurrentYear
300000000 USD
CY2019Q4 us-gaap Unsecured Debt Current
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130000000 USD
CY2020Q4 us-gaap Unsecured Debt Current
UnsecuredDebtCurrent
180000000 USD
CY2019Q4 us-gaap Unsecured Long Term Debt
UnsecuredLongTermDebt
474000000 USD
CY2020Q4 us-gaap Unsecured Long Term Debt
UnsecuredLongTermDebt
294000000 USD
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DebtInstrumentUnamortizedDiscountNoncurrent
4000000 USD
CY2020Q4 us-gaap Debt Instrument Unamortized Discount Noncurrent
DebtInstrumentUnamortizedDiscountNoncurrent
3000000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
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470000000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
291000000 USD
CY2019Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
600000000 USD
CY2020Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
471000000 USD
CY2020Q4 f Utilization Of Credit Facilities
UtilizationOfCreditFacilities
0.50
CY2020 us-gaap Maximum Length Of Time Hedged In Cash Flow Hedge1
MaximumLengthOfTimeHedgedInCashFlowHedge1
P3Y
CY2018 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
32000000 USD
CY2019 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
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CY2020 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
347000000 USD
CY2019Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
137179000000 USD
CY2020Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
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CY2019Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
390000000 USD
CY2019Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
772000000 USD
CY2020Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
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CY2020Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
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CY2019Q4 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
840000000 USD
CY2019Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
306000000 USD
CY2020Q4 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
1956000000 USD
CY2020Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
376000000 USD
CY2019Q4 us-gaap Derivative Assets
DerivativeAssets
1230000000 USD
CY2019Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
1078000000 USD
CY2020Q4 us-gaap Derivative Assets
DerivativeAssets
2930000000 USD
CY2020Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
1235000000 USD
CY2019Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
18000000 USD
CY2020Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
9000000 USD
CY2019Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
78000000 USD
CY2020Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
96000000 USD
CY2020 us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
-114000000 USD
CY2020 us-gaap Guarantees Indemnifications And Warranties Policies
GuaranteesIndemnificationsAndWarrantiesPolicies
Financial Guarantees. Financial guarantees and indemnifications are recorded at fair value at their inception. Subsequent to initial recognition, the guarantee liability is adjusted at each reporting period to reflect the current estimate of expected payments resulting from possible default events over the remaining life of the guarantee.Non-Financial Guarantees. Non-financial guarantees 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.<div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Warranty and Field Service Actions</span></div><div><span><br/></span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Other liabilities and deferred revenue</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. We reevaluate the adequacy of our accruals on a regular basis. </span></div><div style="text-indent:18pt"><span><br/></span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Trade and other receivables, net</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> and</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%"> Other assets.</span></div>
CY2020Q4 us-gaap Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
400000000 USD
CY2020Q4 f Loss Contingency Change In Estimated Loss
LossContingencyChangeInEstimatedLoss
-500000000 USD
CY2018Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
5137000000 USD
CY2019Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
5702000000 USD
CY2019 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
4561000000 USD
CY2020 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
3923000000 USD
CY2019 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
3182000000 USD
CY2020 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
3934000000 USD
CY2019 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
1941000000 USD
CY2020 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
2403000000 USD
CY2019 us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
3000000 USD
CY2020 us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
56000000 USD
CY2019Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
5702000000 USD
CY2020Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
8172000000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
160338000000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
4345000000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
9385000000 USD
CY2018 us-gaap Interest Expense
InterestExpense
5157000000 USD
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
8774000000 USD
CY2018 us-gaap Investment Income Interest
InvestmentIncomeInterest
667000000 USD
CY2018 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
123000000 USD
CY2018 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
7785000000 USD
CY2018Q4 f Cashcashequivalentsmarketablesecuritiesandrestrictedcash
Cashcashequivalentsmarketablesecuritiesandrestrictedcash
34140000000 USD
CY2018Q4 us-gaap Assets
Assets
256540000000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
155900000000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-640000000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
10493000000 USD
CY2019 us-gaap Interest Expense
InterestExpense
5409000000 USD
CY2019 us-gaap Investment Income Interest
InvestmentIncomeInterest
809000000 USD
CY2019 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
32000000 USD
CY2019 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
7632000000 USD
CY2019Q4 f Cashcashequivalentsmarketablesecuritiesandrestrictedcash
Cashcashequivalentsmarketablesecuritiesandrestrictedcash
34888000000 USD
CY2019Q4 us-gaap Assets
Assets
258537000000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
127144000000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1116000000 USD
CY2020 us-gaap Interest Expense
InterestExpense
5051000000 USD
CY2020 us-gaap Investment Income Interest
InvestmentIncomeInterest
452000000 USD
CY2020Q1 us-gaap Revenues
Revenues
34320000000 USD
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
42000000 USD
CY2020 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
5742000000 USD
CY2020Q4 f Cashcashequivalentsmarketablesecuritiesandrestrictedcash
Cashcashequivalentsmarketablesecuritiesandrestrictedcash
50653000000 USD
CY2020Q4 us-gaap Assets
Assets
267261000000 USD
CY2018 us-gaap Revenues
Revenues
160338000000 USD
CY2018Q4 us-gaap Noncurrent Assets
NoncurrentAssets
65297000000 USD
CY2019 us-gaap Revenues
Revenues
155900000000 USD
CY2019Q4 us-gaap Noncurrent Assets
NoncurrentAssets
65699000000 USD
CY2020 us-gaap Revenues
Revenues
127144000000 USD
CY2020Q4 us-gaap Noncurrent Assets
NoncurrentAssets
65034000000 USD
CY2019Q1 us-gaap Revenues
Revenues
40342000000 USD
CY2019Q2 us-gaap Revenues
Revenues
38853000000 USD
CY2019Q3 us-gaap Revenues
Revenues
36990000000 USD
CY2019Q4 us-gaap Revenues
Revenues
39715000000 USD
CY2020Q2 us-gaap Revenues
Revenues
19371000000 USD
CY2020Q3 us-gaap Revenues
Revenues
37501000000 USD
CY2020Q4 us-gaap Revenues
Revenues
35952000000 USD
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1610000000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
205000000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-19000000 USD
CY2019Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2436000000 USD
CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1146000000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1084000000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2756000000 USD
CY2020Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-3810000000 USD
CY2019Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1146000000 USD
CY2019Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
148000000 USD
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
425000000 USD
CY2019Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1672000000 USD
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1993000000 USD
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1117000000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2385000000 USD
CY2020Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2788000000 USD
CY2019Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.29
CY2019Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.04
CY2019Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.11
CY2019Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.42
CY2020Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.50
CY2020Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.28
CY2020Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.60
CY2020Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.70
CY2019Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.29
CY2019Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.04
CY2019Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.11
CY2019Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.42
CY2020Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.50
CY2020Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.28
CY2020Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.60
CY2020Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.70
CY2020Q1 us-gaap Tax Credit Carryforward Valuation Allowance
TaxCreditCarryforwardValuationAllowance
855000000 USD
CY2017Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
2747000000 USD
CY2018 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
35000000 USD
CY2018 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
750000000 USD
CY2018Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
2032000000 USD
CY2018Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
2032000000 USD
CY2019 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
458000000 USD
CY2019 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
606000000 USD
CY2019Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
1884000000 USD
CY2019Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
1884000000 USD
CY2020 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
2395000000 USD
CY2020 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
221000000 USD
CY2020Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
4058000000 USD

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