2015 Q2 Form 10-Q Financial Statement

#000003778515000052 Filed on August 06, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2014 Q2
Revenue $887.1M $794.9M
YoY Change 11.6% -9.26%
Cost Of Revenue $581.3M $478.8M
YoY Change 21.41% -12.71%
Gross Profit $305.8M $316.1M
YoY Change -3.26% -3.48%
Gross Profit Margin 34.47% 39.77%
Selling, General & Admin $156.0M $119.6M
YoY Change 30.43% -6.05%
% of Gross Profit 51.01% 37.84%
Research & Development $39.00M $32.50M
YoY Change 20.0% 17.33%
% of Gross Profit 12.75% 10.28%
Depreciation & Amortization $31.40M $41.80M
YoY Change -24.88% 44.64%
% of Gross Profit 10.27% 13.22%
Operating Expenses $195.0M $152.1M
YoY Change 28.21% -1.87%
Operating Profit $100.5M $147.6M
YoY Change -31.91% -11.4%
Interest Expense -$16.60M -$13.20M
YoY Change 25.76% 17.86%
% of Operating Profit -16.52% -8.94%
Other Income/Expense, Net $0.00 $1.400M
YoY Change -100.0% -166.67%
Pretax Income $75.90M $167.4M
YoY Change -54.66% 7.72%
Income Tax $17.80M $36.40M
% Of Pretax Income 23.45% 21.74%
Net Earnings $742.3M $109.1M
YoY Change 580.38% -7.54%
Net Earnings / Revenue 83.68% 13.72%
Basic Earnings Per Share $5.54 $0.82
Diluted Earnings Per Share $5.52 $0.81
COMMON SHARES
Basic Shares Outstanding 133.7K shares 133.3M shares
Diluted Shares Outstanding 134.4K shares 134.4M shares

Balance Sheet

Concept 2015 Q2 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $478.0M $114.0M
YoY Change 319.3% 48.05%
Cash & Equivalents $477.5M $114.4M
Short-Term Investments
Other Short-Term Assets $421.0M $400.0M
YoY Change 5.25% 13.64%
Inventory $1.041B $738.2M
Prepaid Expenses
Receivables $1.866B $1.500B
Other Receivables $0.00 $0.00
Total Short-Term Assets $3.806B $2.752B
YoY Change 38.29% 26.08%
LONG-TERM ASSETS
Property, Plant & Equipment $1.113B $1.285B
YoY Change -13.39% 11.99%
Goodwill $728.9M $387.8M
YoY Change 87.96% 34.09%
Intangibles $843.4M $265.6M
YoY Change 217.55% 28.06%
Long-Term Investments $5.000M $27.00M
YoY Change -81.48% -37.21%
Other Assets $334.0M $309.0M
YoY Change 8.09% 12.08%
Total Long-Term Assets $3.270B $2.375B
YoY Change 37.65% 9.61%
TOTAL ASSETS
Total Short-Term Assets $3.806B $2.752B
Total Long-Term Assets $3.270B $2.375B
Total Assets $7.075B $5.127B
YoY Change 37.99% 17.88%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $578.4M $393.3M
YoY Change 47.06% 14.07%
Accrued Expenses $330.4M $298.8M
YoY Change 10.58% 64.45%
Deferred Revenue
YoY Change
Short-Term Debt $266.6M $525.3M
YoY Change -49.25% 83.41%
Long-Term Debt Due $1.700M $18.90M
YoY Change -91.01% -13.3%
Total Short-Term Liabilities $1.981B $1.693B
YoY Change 16.99% 33.41%
LONG-TERM LIABILITIES
Long-Term Debt $2.051B $1.154B
YoY Change 77.77% 51.32%
Other Long-Term Liabilities $220.8M $217.7M
YoY Change 1.42% 40.45%
Total Long-Term Liabilities $2.272B $1.371B
YoY Change 65.65% 49.49%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.981B $1.693B
Total Long-Term Liabilities $2.272B $1.371B
Total Liabilities $4.252B $3.064B
YoY Change 38.77% 40.16%
SHAREHOLDERS EQUITY
Retained Earnings $3.636B $2.892B
YoY Change 25.72% 5.22%
Common Stock $430.3M $454.3M
YoY Change -5.28% -1.17%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.496B $1.500B
YoY Change -0.23% 19.62%
Treasury Stock Shares 52.37M shares 52.74M shares
Shareholders Equity $2.170B $1.711B
YoY Change
Total Liabilities & Shareholders Equity $7.075B $5.127B
YoY Change 37.99% 17.88%

Cashflow Statement

Concept 2015 Q2 2014 Q2
OPERATING ACTIVITIES
Net Income $742.3M $109.1M
YoY Change 580.38% -7.54%
Depreciation, Depletion And Amortization $31.40M $41.80M
YoY Change -24.88% 44.64%
Cash From Operating Activities $124.6M $211.9M
YoY Change -41.2% -23.67%
INVESTING ACTIVITIES
Capital Expenditures -$28.30M -$57.30M
YoY Change -50.61% 24.3%
Acquisitions
YoY Change
Other Investing Activities $447.7M $8.400M
YoY Change 5229.76% -173.68%
Cash From Investing Activities $419.4M -$48.90M
YoY Change -957.67% -14.96%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -170.9M -141.5M
YoY Change 20.78% -36.94%
NET CHANGE
Cash From Operating Activities 124.6M 211.9M
Cash From Investing Activities 419.4M -48.90M
Cash From Financing Activities -170.9M -141.5M
Net Change In Cash 373.1M 21.50M
YoY Change 1635.35% -600.0%
FREE CASH FLOW
Cash From Operating Activities $124.6M $211.9M
Capital Expenditures -$28.30M -$57.30M
Free Cash Flow $152.9M $269.2M
YoY Change -43.2% -16.84%

Facts In Submission

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CY2015Q2 fmc Total Costs And Expenses
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786600000 USD
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1542100000 USD
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378300000 USD
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209900000 USD
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179100000 USD
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367400000 USD
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330400000 USD
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2000000 USD
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us-gaap Amortization Of Intangible Assets
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5700000 USD
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5500000 USD
us-gaap Amortization Of Intangible Assets
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us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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354000 shares
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1020000 shares
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us-gaap Capital Expenditures Incurred But Not Yet Paid
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19800000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
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4600000 USD
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us-gaap Cash And Cash Equivalents Period Increase Decrease
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us-gaap Cash And Cash Equivalents Period Increase Decrease
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180800000 USD
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
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us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
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22400000 USD
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
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260000000 shares
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us-gaap Comprehensive Income Net Of Tax
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us-gaap Comprehensive Income Net Of Tax
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8500000 USD
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us-gaap Cost Of Revenue
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us-gaap Cost Of Revenue
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us-gaap Depreciation Depletion And Amortization
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us-gaap Depreciation Depletion And Amortization
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us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
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100000 USD
us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
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1900000 USD
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2900000 USD
us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
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us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
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us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
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us-gaap Disposal Group Not Discontinued Operation Loss Gain On Write Down
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us-gaap Disposal Group Not Discontinued Operation Loss Gain On Write Down
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us-gaap Dividends Common Stock Cash
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us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
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us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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us-gaap Effective Income Tax Rate Continuing Operations
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us-gaap Effective Income Tax Rate Continuing Operations
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us-gaap Environmental Remediation Expense
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22100000 USD
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13600000 USD
us-gaap Environmental Remediation Expense
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18000000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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2000000 USD
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4000000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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28000000 USD
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28000000 USD
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28000000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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28000000 USD
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us-gaap Gross Profit
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CY2015Q2 us-gaap Gross Profit
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us-gaap Gross Profit
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us-gaap Income Loss From Continuing Operations
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us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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195000000 USD
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58100000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Per Basic Share
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us-gaap Income Loss From Continuing Operations Per Diluted Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax
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us-gaap Income Loss From Discontinued Operations Net Of Tax
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0.10
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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300000 USD
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100000 USD
us-gaap Income Loss From Equity Method Investments
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0 USD
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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300000 USD
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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us-gaap Income Tax Expense Benefit
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71000000 USD
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17800000 USD
us-gaap Income Tax Expense Benefit
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57300000 USD
us-gaap Income Taxes Paid Net
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18700000 USD
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38300000 USD
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6500000 USD
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us-gaap Increase Decrease In Customer Advances
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44000000 USD
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40800000 USD
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25100000 USD
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7700000 USD
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us-gaap Interest Paid Net
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us-gaap Interest Paid Net
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us-gaap Interest Revenue Expense Net
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CY2015Q2 us-gaap Interest Revenue Expense Net
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us-gaap Interest Revenue Expense Net
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CY2014Q4 us-gaap Inventory Finished Goods Net Of Reserves
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281100000 USD
CY2015Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
491900000 USD
CY2014Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
164400000 USD
CY2015Q2 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
166400000 USD
CY2014Q4 us-gaap Inventory Net
InventoryNet
607600000 USD
CY2015Q2 us-gaap Inventory Net
InventoryNet
1041100000 USD
CY2014Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
242100000 USD
CY2015Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
392200000 USD
CY2014Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
248800000 USD
CY2015Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
323400000 USD
CY2014Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
5500000 USD
CY2015Q2 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
4800000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
5340500000 USD
CY2015Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
7075200000 USD
CY2015Q2 us-gaap Liabilities Current
LiabilitiesCurrent
1980600000 USD
CY2014Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
88400000 USD
CY2015Q2 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
0 USD
CY2014Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
4700000 USD
CY2015Q2 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
0 USD
us-gaap Line Of Credit Facility Covenant Compliance
LineOfCreditFacilityCovenantCompliance
Our actual leverage for the four consecutive quarters ended June 30, 2015, was 4.1 which is below the maximum leverage of 4.5. Our actual interest coverage for the four consecutive quarters ended June 30, 2015, was 9.1 which is above the minimum interest coverage of 3.5. We were in compliance with all covenants at June 30, 2015.
CY2014Q4 us-gaap Long Term Debt
LongTermDebt
1155400000 USD
CY2015Q2 us-gaap Long Term Debt
LongTermDebt
2052600000 USD
CY2014Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
2000000 USD
CY2015Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
1700000 USD
CY2014Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1153400000 USD
CY2015Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2050900000 USD
CY2014Q4 us-gaap Minority Interest
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33500000 USD
CY2015Q2 us-gaap Minority Interest
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38500000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-198200000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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193900000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-105600000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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-1288000000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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92200000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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-122500000 USD
CY2014Q2 us-gaap Net Income Loss
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109100000 USD
us-gaap Net Income Loss
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174700000 USD
CY2015Q2 us-gaap Net Income Loss
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742300000 USD
us-gaap Net Income Loss
NetIncomeLoss
695500000 USD
CY2014Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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4200000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
9000000 USD
CY2015Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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4000000 USD
CY2014Q2 us-gaap Operating Income Loss
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147600000 USD
us-gaap Operating Income Loss
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290500000 USD
CY2015Q2 us-gaap Operating Income Loss
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100500000 USD
us-gaap Operating Income Loss
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4400000 USD
CY2014Q4 us-gaap Other Assets Noncurrent
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269600000 USD
CY2015Q2 us-gaap Other Assets Noncurrent
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334000000 USD
CY2014Q2 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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-100000 USD
CY2015Q2 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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-1200000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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-7100000 USD
CY2014Q2 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
0 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
0 USD
CY2015Q2 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
0 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
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-4700000 USD
CY2014Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-3500000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
46400000 USD
CY2015Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-2300000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-42000000 USD
CY2014Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-3500000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-3200000 USD
CY2015Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-2300000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-42000000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
1700000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-43600000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
3100000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
6700000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
2800000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
3300000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
1700000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
3400000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
1100000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
1900000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-42000000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
-49600000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
0 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
5700000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
65700000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
9000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-24400000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-6100000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-12600000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-8500000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-14300000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-3700000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-6900000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-5500000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
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CY2014Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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-1100000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
1900000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
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CY2015Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
100000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
-600000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
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CY2015Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
400000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
1600000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-6700000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-12700000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-9700000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-21400000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
-3700000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
-6900000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
-5500000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
-12200000 USD
CY2014Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
2000000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
4500000 USD
CY2015Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
2900000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
5200000 USD
CY2014Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
1100000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
2400000 USD
CY2015Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
1500000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
3500000 USD
CY2014Q4 us-gaap Other Liabilities Noncurrent
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208100000 USD
CY2015Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
220800000 USD
CY2014Q2 us-gaap Other Nonrecurring Expense
OtherNonrecurringExpense
0 USD
us-gaap Other Nonrecurring Expense
OtherNonrecurringExpense
0 USD
CY2015Q2 us-gaap Other Nonrecurring Expense
OtherNonrecurringExpense
0 USD
us-gaap Other Nonrecurring Expense
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15000000 USD
CY2014Q2 us-gaap Other Restructuring Costs
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400000 USD
us-gaap Other Restructuring Costs
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800000 USD
CY2015Q2 us-gaap Other Restructuring Costs
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500000 USD
us-gaap Other Restructuring Costs
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300000 USD
CY2014Q2 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
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300000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
500000 USD
CY2015Q2 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
2000000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
0 USD
us-gaap Payments For Proceeds From Other Investing Activities
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4400000 USD
us-gaap Payments For Proceeds From Other Investing Activities
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19300000 USD
us-gaap Payments For Restructuring
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10700000 USD
us-gaap Payments Of Dividends Common Stock
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38000000 USD
us-gaap Payments Of Dividends Common Stock
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42200000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
11500000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
0 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1205100000 USD
us-gaap Payments To Acquire Property Plant And Equipment
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101400000 USD
us-gaap Payments To Acquire Property Plant And Equipment
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65200000 USD
us-gaap Pension And Other Postretirement Benefit Contributions
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45200000 USD
us-gaap Pension And Other Postretirement Benefit Contributions
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51800000 USD
CY2014Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
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12700000 USD
CY2015Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
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6600000 USD
CY2014Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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238700000 USD
CY2015Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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200800000 USD
CY2014Q4 us-gaap Preferred Stock No Par Value
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0
CY2015Q2 us-gaap Preferred Stock No Par Value
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0
CY2014Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2015Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2014Q4 us-gaap Preferred Stock Shares Issued
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0 shares
CY2015Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q4 us-gaap Preferred Stock Value
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0 USD
CY2015Q2 us-gaap Preferred Stock Value
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0 USD
CY2014Q4 us-gaap Prepaid Expense And Other Assets Current
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188800000 USD
CY2015Q2 us-gaap Prepaid Expense And Other Assets Current
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268900000 USD
us-gaap Proceeds From Divestiture Of Businesses
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199100000 USD
us-gaap Proceeds From Divestiture Of Businesses
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1653200000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
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0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
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1650000000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
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us-gaap Proceeds From Repayments Of Short Term Debt
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us-gaap Proceeds From Sale Of Property Plant And Equipment
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200000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
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1600000 USD
CY2014Q2 us-gaap Profit Loss
ProfitLoss
113300000 USD
us-gaap Profit Loss
ProfitLoss
183700000 USD
CY2015Q2 us-gaap Profit Loss
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746300000 USD
us-gaap Profit Loss
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700800000 USD
CY2014Q4 us-gaap Property Plant And Equipment Gross
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1618700000 USD
CY2015Q2 us-gaap Property Plant And Equipment Gross
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1828000000 USD
CY2014Q4 us-gaap Property Plant And Equipment Net
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930000000 USD
CY2015Q2 us-gaap Property Plant And Equipment Net
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1112800000 USD
CY2014Q4 us-gaap Receivables Net Current
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1602500000 USD
CY2015Q2 us-gaap Receivables Net Current
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1865500000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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64500000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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19500000 USD
us-gaap Repayments Of Long Term Debt
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17300000 USD
us-gaap Repayments Of Long Term Debt
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1023700000 USD
CY2014Q2 us-gaap Research And Development Expense Excluding Acquired In Process Cost
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32500000 USD
us-gaap Research And Development Expense Excluding Acquired In Process Cost
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58300000 USD
CY2015Q2 us-gaap Research And Development Expense Excluding Acquired In Process Cost
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39000000 USD
us-gaap Research And Development Expense Excluding Acquired In Process Cost
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65600000 USD
CY2014Q2 us-gaap Restructuring Charges
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1300000 USD
us-gaap Restructuring Charges
RestructuringCharges
6600000 USD
CY2015Q2 us-gaap Restructuring Charges
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6800000 USD
us-gaap Restructuring Charges
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12200000 USD
CY2014Q4 us-gaap Restructuring Reserve
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10300000 USD
CY2015Q2 us-gaap Restructuring Reserve
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7900000 USD
us-gaap Restructuring Reserve Translation Adjustment
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600000 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
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2984500000 USD
CY2015Q2 us-gaap Retained Earnings Accumulated Deficit
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3635700000 USD
CY2014Q2 us-gaap Revenues
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794900000 USD
us-gaap Revenues
Revenues
1551800000 USD
CY2015Q2 us-gaap Revenues
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887100000 USD
us-gaap Revenues
Revenues
1546500000 USD
CY2014Q2 us-gaap Selling General And Administrative Expense
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119600000 USD
us-gaap Selling General And Administrative Expense
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234200000 USD
CY2015Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
156000000 USD
us-gaap Selling General And Administrative Expense
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453900000 USD
CY2014Q2 us-gaap Severance Costs1
SeveranceCosts1
900000 USD
us-gaap Severance Costs1
SeveranceCosts1
5800000 USD
CY2015Q2 us-gaap Severance Costs1
SeveranceCosts1
5200000 USD
us-gaap Severance Costs1
SeveranceCosts1
9600000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
8400000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
8300000 USD
CY2014Q4 us-gaap Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
36600000 USD
CY2015Q2 us-gaap Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
161400000 USD
CY2014Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
523200000 USD
CY2015Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
266600000 USD
CY2015Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
250000000 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
3200000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
1530500000 USD
CY2015Q2 us-gaap Stockholders Equity
StockholdersEquity
2169800000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1564000000 USD
CY2015Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2208300000 USD
CY2014Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
52666121 shares
CY2015Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
52368683 shares
CY2014Q4 us-gaap Treasury Stock Value
TreasuryStockValue
1498700000 USD
CY2015Q2 us-gaap Treasury Stock Value
TreasuryStockValue
1496300000 USD
CY2014Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1015000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1044000 shares
CY2015Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
731000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2014Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
134354000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
134277000 shares
CY2015Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
134445000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
133643000 shares
CY2014Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
133339000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
133233000 shares
CY2015Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
133714000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
133643000 shares

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