$GAP
GAP INC

2017 Q4 Form 10-Q Financial Statement

#000003991117000157 Filed on November 22, 2017

View on sec.gov

Income Statement

Concept 2017 Q4 2016 Q4
Revenue $3.838B $3.798B
YoY Change 1.05% -1.53%
Cost Of Revenue $2.313B $2.312B
YoY Change 0.04% -4.11%
Gross Profit $1.525B $1.493B
YoY Change 2.14% 3.68%
Gross Profit Margin 39.73% 39.31%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $139.0M $146.0M
YoY Change -4.79% 1.39%
% of Gross Profit 9.11% 9.78%
Operating Expenses $1.147B $1.104B
YoY Change 3.89% 7.6%
Operating Profit $378.0M $389.0M
YoY Change -2.83% -6.04%
Interest Expense $18.00M $20.00M
YoY Change -10.0% 5.26%
% of Operating Profit 4.76% 5.14%
Other Income/Expense, Net
YoY Change
Pretax Income $364.0M $372.0M
YoY Change -2.15% -6.06%
Income Tax $135.0M $168.0M
% Of Pretax Income 37.09% 45.16%
Net Earnings $229.0M $204.0M
YoY Change 12.25% -17.74%
Net Earnings / Revenue 5.97% 5.37%
Basic Earnings Per Share $0.59 $0.51
Diluted Earnings Per Share $0.58 $0.51
COMMON SHARES
Basic Shares Outstanding 391.0M shares 399.0M shares
Diluted Shares Outstanding 393.0M shares 400.0M shares

Balance Sheet

Concept 2017 Q4 2016 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.353B $1.522B
YoY Change -11.1% 46.07%
Cash & Equivalents $1.353B $1.522B
Short-Term Investments
Other Short-Term Assets $654.0M $751.0M
YoY Change -12.92% -8.53%
Inventory $2.476B $2.398B
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $4.483B $4.671B
YoY Change -4.02% 7.11%
LONG-TERM ASSETS
Property, Plant & Equipment $2.686B $2.662B
YoY Change 0.9% -5.4%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $726.0M $674.0M
YoY Change 7.72% 6.81%
Total Long-Term Assets $3.412B $3.336B
YoY Change 2.28% -3.16%
TOTAL ASSETS
Total Short-Term Assets $4.483B $4.671B
Total Long-Term Assets $3.412B $3.336B
Total Assets $7.895B $8.007B
YoY Change -1.4% 2.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.330B $1.413B
YoY Change -5.87% 6.48%
Accrued Expenses $1.132B $1.059B
YoY Change 6.89% 6.22%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $0.00 $24.00M
YoY Change -100.0% 14.29%
Total Short-Term Liabilities $2.596B $2.915B
YoY Change -10.94% 5.31%
LONG-TERM LIABILITIES
Long-Term Debt $1.248B $1.320B
YoY Change -5.45% -0.83%
Other Long-Term Liabilities $1.027B $1.046B
YoY Change -1.82% -4.74%
Total Long-Term Liabilities $2.275B $2.366B
YoY Change -3.85% -2.59%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.596B $2.915B
Total Long-Term Liabilities $2.275B $2.366B
Total Liabilities $4.871B $5.281B
YoY Change -7.76% 1.62%
SHAREHOLDERS EQUITY
Retained Earnings $2.965B $2.621B
YoY Change 13.12% 5.52%
Common Stock $19.00M $20.00M
YoY Change -5.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.024B $2.726B
YoY Change
Total Liabilities & Shareholders Equity $7.895B $8.007B
YoY Change -1.4% 2.57%

Cashflow Statement

Concept 2017 Q4 2016 Q4
OPERATING ACTIVITIES
Net Income $229.0M $204.0M
YoY Change 12.25% -17.74%
Depreciation, Depletion And Amortization $139.0M $146.0M
YoY Change -4.79% 1.39%
Cash From Operating Activities $114.0M $66.00M
YoY Change 72.73% -28.26%
INVESTING ACTIVITIES
Capital Expenditures -$188.0M -$113.0M
YoY Change 66.37% -44.61%
Acquisitions
YoY Change
Other Investing Activities $1.000M $0.00
YoY Change -100.0%
Cash From Investing Activities -$187.0M -$113.0M
YoY Change 65.49% -45.41%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -182.0M -107.0M
YoY Change 70.09% -193.86%
NET CHANGE
Cash From Operating Activities 114.0M 66.00M
Cash From Investing Activities -187.0M -113.0M
Cash From Financing Activities -182.0M -107.0M
Net Change In Cash -255.0M -154.0M
YoY Change 65.58% 15300.0%
FREE CASH FLOW
Cash From Operating Activities $114.0M $66.00M
Capital Expenditures -$188.0M -$113.0M
Free Cash Flow $302.0M $179.0M
YoY Change 68.72% -39.53%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--02-03
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2017
dei Document Period End Date
DocumentPeriodEndDate
2017-10-28
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000039911
CY2017Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
388857073 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
GAP INC
dei Trading Symbol
TradingSymbol
GPS
gps Amortization Lease Incentives
AmortizationLeaseIncentives
47000000 USD
gps Amortization Lease Incentives
AmortizationLeaseIncentives
46000000 USD
CY2016Q4 gps Amounts Subject To Enforceable Master Netting Arrangements
AmountsSubjectToEnforceableMasterNettingArrangements
9000000 USD
CY2017Q1 gps Amounts Subject To Enforceable Master Netting Arrangements
AmountsSubjectToEnforceableMasterNettingArrangements
18000000 USD
CY2017Q4 gps Amounts Subject To Enforceable Master Netting Arrangements
AmountsSubjectToEnforceableMasterNettingArrangements
8000000 USD
gps Benefit To Income Taxes If Decrease In Gross Unrecognized Tax Benefits Within12 Months Are Recognized
BenefitToIncomeTaxesIfDecreaseInGrossUnrecognizedTaxBenefitsWithin12MonthsAreRecognized
0 USD
CY2016Q4 gps Common Stock Dividends Per Share Declared And Paid
CommonStockDividendsPerShareDeclaredAndPaid
0.23
gps Common Stock Dividends Per Share Declared And Paid
CommonStockDividendsPerShareDeclaredAndPaid
0.69
CY2017Q4 gps Common Stock Dividends Per Share Declared And Paid
CommonStockDividendsPerShareDeclaredAndPaid
0.23
gps Common Stock Dividends Per Share Declared And Paid
CommonStockDividendsPerShareDeclaredAndPaid
0.69
gps Increase Decrease In Lease Incentive And Other Long Term Liabilities
IncreaseDecreaseInLeaseIncentiveAndOtherLongTermLiabilities
-18000000 USD
gps Increase Decrease In Lease Incentive And Other Long Term Liabilities
IncreaseDecreaseInLeaseIncentiveAndOtherLongTermLiabilities
48000000 USD
CY2016Q4 gps Lease Incentive And Other Long Term Liabilities
LeaseIncentiveAndOtherLongTermLiabilities
1046000000 USD
CY2017Q1 gps Lease Incentive And Other Long Term Liabilities
LeaseIncentiveAndOtherLongTermLiabilities
1005000000 USD
CY2017Q4 gps Lease Incentive And Other Long Term Liabilities
LeaseIncentiveAndOtherLongTermLiabilities
1027000000 USD
CY2016Q4 gps Percentage Of Net Sales
PercentageOfNetSales
1
gps Percentage Of Net Sales
PercentageOfNetSales
1
CY2017Q4 gps Percentage Of Net Sales
PercentageOfNetSales
1
gps Percentage Of Net Sales
PercentageOfNetSales
1
CY2017Q4 gps Stock Repurchase Program Amount Not Paid
StockRepurchaseProgramAmountNotPaid
0 USD
gps Taxbenefitfromstockoptionsexercisedandvestingofstockunits
Taxbenefitfromstockoptionsexercisedandvestingofstockunits
-4000000 USD
gps Taxbenefitfromstockoptionsexercisedandvestingofstockunits
Taxbenefitfromstockoptionsexercisedandvestingofstockunits
0 USD
CY2016Q4 invest Derivative Notional Amount
DerivativeNotionalAmount
1896000000 USD
CY2017Q1 invest Derivative Notional Amount
DerivativeNotionalAmount
1750000000 USD
CY2017Q4 invest Derivative Notional Amount
DerivativeNotionalAmount
1484000000 USD
CY2016Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1413000000 USD
CY2017Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
1243000000 USD
CY2017Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1330000000 USD
CY2016Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
19000000 USD
CY2017Q1 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
32000000 USD
CY2017Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
134000000 USD
CY2016Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1059000000 USD
CY2017Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1113000000 USD
CY2017Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1132000000 USD
CY2016Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
5900000000 USD
CY2017Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
5813000000 USD
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6041000000 USD
CY2016Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
85000000 USD
CY2016Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
20000000 USD
CY2016Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1000000 USD
CY2016Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
28000000 USD
CY2017Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
54000000 USD
CY2017Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
46000000 USD
CY2017Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
23000000 USD
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
40000000 USD
CY2016Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
57000000 USD
CY2017Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
81000000 USD
CY2017Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
0 USD
CY2016Q4 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
11000000 USD
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
30000000 USD
CY2017Q4 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
11000000 USD
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
37000000 USD
CY2016Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8000000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
7000000 shares
CY2017Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9000000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9000000 shares
CY2016Q4 us-gaap Assets
Assets
8007000000 USD
CY2017Q1 us-gaap Assets
Assets
7610000000 USD
CY2017Q4 us-gaap Assets
Assets
7895000000 USD
CY2016Q4 us-gaap Assets Current
AssetsCurrent
4671000000 USD
CY2017Q1 us-gaap Assets Current
AssetsCurrent
4315000000 USD
CY2017Q4 us-gaap Assets Current
AssetsCurrent
4483000000 USD
CY2016Q4 us-gaap Assets Fair Value Disclosure Recurring
AssetsFairValueDisclosureRecurring
699000000 USD
CY2017Q1 us-gaap Assets Fair Value Disclosure Recurring
AssetsFairValueDisclosureRecurring
795000000 USD
CY2017Q4 us-gaap Assets Fair Value Disclosure Recurring
AssetsFairValueDisclosureRecurring
466000000 USD
CY2016Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1370000000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1522000000 USD
CY2017Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1783000000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1353000000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
596000000 USD
CY2017Q1 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
697000000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
389000000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
152000000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-430000000 USD
CY2016Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2016Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.05
CY2017Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.05
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.05
CY2016Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
2300000000 shares
CY2017Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
2300000000 shares
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
2300000000 shares
CY2016Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
399000000 shares
CY2017Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
399000000 shares
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
389000000 shares
CY2016Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
399000000 shares
CY2017Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
399000000 shares
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
389000000 shares
CY2016Q4 us-gaap Common Stock Value
CommonStockValue
20000000 USD
CY2017Q1 us-gaap Common Stock Value
CommonStockValue
20000000 USD
CY2017Q4 us-gaap Common Stock Value
CommonStockValue
19000000 USD
CY2016Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
233000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
399000000 USD
CY2017Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
246000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
629000000 USD
CY2016Q4 us-gaap Cost Of Merchandise Sales Buying And Occupancy Costs
CostOfMerchandiseSalesBuyingAndOccupancyCosts
2305000000 USD
us-gaap Cost Of Merchandise Sales Buying And Occupancy Costs
CostOfMerchandiseSalesBuyingAndOccupancyCosts
6948000000 USD
CY2017Q4 us-gaap Cost Of Merchandise Sales Buying And Occupancy Costs
CostOfMerchandiseSalesBuyingAndOccupancyCosts
2313000000 USD
us-gaap Cost Of Merchandise Sales Buying And Occupancy Costs
CostOfMerchandiseSalesBuyingAndOccupancyCosts
6770000000 USD
CY2017Q2 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
3000000 USD
CY2016Q4 us-gaap Debt Current
DebtCurrent
424000000 USD
CY2017Q1 us-gaap Debt Current
DebtCurrent
65000000 USD
CY2017Q4 us-gaap Debt Current
DebtCurrent
0 USD
CY2017Q4 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
6000000 USD
CY2016Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
41000000 USD
CY2017Q1 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
40000000 USD
CY2017Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
46000000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-10000000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-50000000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
449000000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
418000000 USD
CY2016Q4 us-gaap Derivative Assets
DerivativeAssets
53000000 USD
CY2017Q1 us-gaap Derivative Assets
DerivativeAssets
40000000 USD
CY2017Q4 us-gaap Derivative Assets
DerivativeAssets
23000000 USD
CY2016Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
62000000 USD
CY2017Q1 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
58000000 USD
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
31000000 USD
CY2016Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
49000000 USD
CY2017Q1 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
21000000 USD
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
20000000 USD
CY2016Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
40000000 USD
CY2017Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
3000000 USD
CY2017Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
12000000 USD
CY2016Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.51
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.15
CY2017Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.59
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.63
CY2016Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.51
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.14
CY2017Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.58
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.62
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
3000000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
7000000 USD
CY2016Q4 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
8000000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
25000000 USD
CY2017Q4 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
7000000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
23000000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
1000000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
0 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
1000000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
0 USD
CY2016Q4 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0 USD
CY2017Q4 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0 USD
CY2016Q4 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
0 USD
CY2017Q4 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
0 USD
CY2016Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases Sales Issuances Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchasesSalesIssuancesSettlements
0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases Sales Issuances Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchasesSalesIssuancesSettlements
0 USD
CY2017Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases Sales Issuances Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchasesSalesIssuancesSettlements
0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases Sales Issuances Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchasesSalesIssuancesSettlements
0 USD
CY2016Q4 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2017Q4 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2016Q4 us-gaap Gross Profit
GrossProfit
1493000000 USD
us-gaap Gross Profit
GrossProfit
4139000000 USD
CY2017Q4 us-gaap Gross Profit
GrossProfit
1525000000 USD
us-gaap Gross Profit
GrossProfit
4307000000 USD
CY2016Q4 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 USD
us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 USD
CY2016Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
168000000 USD
CY2017Q4 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 USD
us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 USD
CY2016Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
372000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
839000000 USD
CY2017Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
364000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1041000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
383000000 USD
CY2017Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
135000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
398000000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
318000000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
260000000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
294000000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
55000000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
10000000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-46000000 USD
us-gaap Increase Decrease In Finished Goods And Work In Process Inventories
IncreaseDecreaseInFinishedGoodsAndWorkInProcessInventories
513000000 USD
us-gaap Increase Decrease In Finished Goods And Work In Process Inventories
IncreaseDecreaseInFinishedGoodsAndWorkInProcessInventories
636000000 USD
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
80000000 USD
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
188000000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
52000000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
60000000 USD
CY2016Q4 us-gaap Interest Expense
InterestExpense
20000000 USD
us-gaap Interest Expense
InterestExpense
57000000 USD
CY2017Q4 us-gaap Interest Expense
InterestExpense
18000000 USD
us-gaap Interest Expense
InterestExpense
53000000 USD
us-gaap Interest Paid
InterestPaid
80000000 USD
us-gaap Interest Paid
InterestPaid
76000000 USD
CY2016Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
2398000000 USD
CY2017Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1830000000 USD
CY2017Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
2476000000 USD
CY2016Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
3000000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
6000000 USD
CY2017Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
4000000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
11000000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
8007000000 USD
CY2017Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
7610000000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
7895000000 USD
CY2016Q4 us-gaap Liabilities Current
LiabilitiesCurrent
2915000000 USD
CY2017Q1 us-gaap Liabilities Current
LiabilitiesCurrent
2453000000 USD
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
2596000000 USD
CY2016Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
2366000000 USD
CY2017Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
2253000000 USD
CY2017Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
2275000000 USD
CY2016Q4 us-gaap Loans Payable
LoansPayable
96000000 USD
CY2017Q1 us-gaap Loans Payable
LoansPayable
65000000 USD
CY2017Q4 us-gaap Loans Payable
LoansPayable
0 USD
CY2016Q4 us-gaap Long Term Debt
LongTermDebt
1344000000 USD
CY2017Q1 us-gaap Long Term Debt
LongTermDebt
1313000000 USD
CY2017Q4 us-gaap Long Term Debt
LongTermDebt
1248000000 USD
CY2016Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
24000000 USD
CY2017Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
65000000 USD
CY2017Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 USD
CY2016Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1320000000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
-5000000 USD
CY2017Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1248000000 USD
CY2017Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1248000000 USD
CY2016Q4 us-gaap Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
0 USD
CY2017Q1 us-gaap Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
0 USD
CY2017Q4 us-gaap Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
0 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-267000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-631000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-384000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-406000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
800000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
600000000 USD
CY2016Q4 us-gaap Net Income Loss
NetIncomeLoss
204000000 USD
us-gaap Net Income Loss
NetIncomeLoss
456000000 USD
CY2017Q4 us-gaap Net Income Loss
NetIncomeLoss
229000000 USD
us-gaap Net Income Loss
NetIncomeLoss
643000000 USD
CY2016Q4 us-gaap Notes Payable
NotesPayable
1248000000 USD
CY2017Q1 us-gaap Notes Payable
NotesPayable
1248000000 USD
CY2017Q4 us-gaap Notes Payable
NotesPayable
1248000000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 Segment
CY2016Q4 us-gaap Operating Expenses
OperatingExpenses
1104000000 USD
us-gaap Operating Expenses
OperatingExpenses
3249000000 USD
CY2017Q4 us-gaap Operating Expenses
OperatingExpenses
1147000000 USD
us-gaap Operating Expenses
OperatingExpenses
3224000000 USD
CY2016Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
389000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
890000000 USD
CY2017Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
378000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
1083000000 USD
us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
89000000 USD
CY2017Q4 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
4000000 USD
us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
17000000 USD
CY2016Q4 us-gaap Other Assets Current
OtherAssetsCurrent
751000000 USD
CY2017Q1 us-gaap Other Assets Current
OtherAssetsCurrent
702000000 USD
CY2017Q4 us-gaap Other Assets Current
OtherAssetsCurrent
654000000 USD
CY2016Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
674000000 USD
CY2017Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
679000000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
726000000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-89000000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-7000000 USD
CY2016Q4 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
39000000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-57000000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
0 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-43000000 USD
CY2017Q4 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
23000000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-20000000 USD
CY2016Q4 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
4000000 USD
CY2017Q4 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
2000000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
-6000000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
31000000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-22000000 USD
CY2016Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-10000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1000000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-4000000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
21000000 USD
CY2017Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-5000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
12000000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-65000000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-21000000 USD
CY2016Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
29000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-57000000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-8000000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-23000000 USD
CY2017Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
17000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-14000000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
7000000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-8000000 USD
CY2016Q4 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-1000000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
4000000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
1000000 USD
CY2017Q4 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
1000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
6000000 USD
CY2016Q4 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
0 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
-6000000 USD
CY2017Q4 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
6000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
4000000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-12000000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-9000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
1000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
3000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
300000000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
275000000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
272000000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
18000000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
15000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
383000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
463000000 USD
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
0 USD
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
60000000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
25000000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
23000000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2662000000 USD
CY2017Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2616000000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2686000000 USD
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
0 USD
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
67000000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2621000000 USD
CY2017Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2749000000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2965000000 USD
CY2016Q4 us-gaap Sales Revenue Net
SalesRevenueNet
3798000000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
11087000000 USD
CY2017Q4 us-gaap Sales Revenue Net
SalesRevenueNet
3838000000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
11077000000 USD
CY2016Q4 us-gaap Share Based Compensation
ShareBasedCompensation
19000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
55000000 USD
CY2017Q4 us-gaap Share Based Compensation
ShareBasedCompensation
18000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
60000000 USD
CY2016Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
1000000000 USD
CY2017Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
700000000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
2726000000 USD
CY2017Q1 us-gaap Stockholders Equity
StockholdersEquity
2904000000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
3024000000 USD
CY2016Q4 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
0.00
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
0.00
CY2017Q4 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
26.64
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
24.21
CY2016Q4 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
CY2017Q4 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
3800000 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
12500000 shares
CY2016Q4 us-gaap Treasury Stock Value Acquired Par Value Method
TreasuryStockValueAcquiredParValueMethod
0 USD
us-gaap Treasury Stock Value Acquired Par Value Method
TreasuryStockValueAcquiredParValueMethod
0 USD
CY2017Q4 us-gaap Treasury Stock Value Acquired Par Value Method
TreasuryStockValueAcquiredParValueMethod
100000000 USD
us-gaap Treasury Stock Value Acquired Par Value Method
TreasuryStockValueAcquiredParValueMethod
300000000 USD
CY2016Q4 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1000000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2000000 shares
CY2017Q4 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2000000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2000000 shares
CY2016Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
400000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
400000000 shares
CY2017Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
393000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
397000000 shares
CY2016Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
399000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
398000000 shares
CY2017Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
391000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
395000000 shares
us-gaap Basis Of Accounting
BasisOfAccounting
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Basis of Presentation</font></div><div style="line-height:120%;padding-top:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Condensed Consolidated Balance Sheets as of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">October&#160;28, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">October&#160;29, 2016</font><font style="font-family:inherit;font-size:10pt;">, and the Condensed Consolidated Statements of Income and the Condensed Consolidated Statements of Comprehensive Income for the </font><font style="font-family:inherit;font-size:10pt;">thirteen and thirty-nine weeks ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">October&#160;28, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">October&#160;29, 2016</font><font style="font-family:inherit;font-size:10pt;">, and the Condensed Consolidated Statements of Cash Flows for the </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">thirty-nine weeks ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">October&#160;28, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">October&#160;29, 2016</font><font style="font-family:inherit;font-size:10pt;"> have been prepared by The Gap, Inc. (the &#8220;Company,&#8221; &#8220;we,&#8221; and &#8220;our&#8221;). In the opinion of management, such statements include all adjustments (which include normal recurring adjustments) considered necessary to present fairly our financial position, results of operations, and cash flows as of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">October&#160;28, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">October&#160;29, 2016</font><font style="font-family:inherit;font-size:10pt;"> and for all periods presented. The Condensed Consolidated Balance Sheet as of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">January&#160;28, 2017</font><font style="font-family:inherit;font-size:10pt;"> has been derived from our audited financial statements.</font></div><div style="line-height:120%;padding-top:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying unaudited Condensed Consolidated Financial Statements have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission. Accordingly, certain information and disclosures normally included in the notes to the annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America (&#8220;U.S. GAAP&#8221;) have been omitted from these interim financial statements, although the Company believes that the disclosures made are adequate to make the information not misleading. We suggest that you read these Condensed Consolidated Financial Statements in conjunction with the Consolidated Financial Statements and notes thereto included in our Annual Report on Form 10-K for the fiscal year ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">January&#160;28, 2017</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-top:10px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The results of operations for the </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">thirteen and thirty-nine weeks ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">October&#160;28, 2017</font><font style="font-family:inherit;font-size:10pt;"> are not necessarily indicative of the operating results that may be expected for the 53-week period ending </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;text-decoration:none;">February&#160;3, 2018</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div>

Files In Submission

Name View Source Status
0000039911-17-000157-index-headers.html Edgar Link pending
0000039911-17-000157-index.html Edgar Link pending
0000039911-17-000157.txt Edgar Link pending
0000039911-17-000157-xbrl.zip Edgar Link pending
exhibit101q32017.htm Edgar Link pending
exhibit311q32017.htm Edgar Link pending
exhibit312q32017.htm Edgar Link pending
exhibit321q32017.htm Edgar Link pending
exhibit322q32017.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
gps-20171028.xml Edgar Link completed
gps-20171028.xsd Edgar Link pending
gps-20171028_cal.xml Edgar Link unprocessable
gps-20171028_def.xml Edgar Link unprocessable
gps-20171028_lab.xml Edgar Link unprocessable
gps-20171028_pre.xml Edgar Link unprocessable
q3201710-qdocument.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending