2017 Q1 Form 10-K Financial Statement

#000004053317000006 Filed on February 06, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2016 2015 Q4
Revenue $30.56B $7.994B
YoY Change -3.84% -4.4%
Cost Of Revenue $24.90B $6.484B
YoY Change 160.34% -4.17%
Gross Profit $5.665B $1.510B
YoY Change -74.5% -5.39%
Gross Profit Margin 18.54% 18.89%
Selling, General & Admin $1.921B $476.0M
YoY Change -0.83% -10.02%
% of Gross Profit 33.91% 31.52%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $365.0M $117.0M
YoY Change 0.0% -2.5%
% of Gross Profit 6.44% 7.75%
Operating Expenses $1.921B $476.0M
YoY Change -0.83% -10.02%
Operating Profit $3.744B $1.034B
YoY Change -12.83% -3.09%
Interest Expense $99.00M -$23.00M
YoY Change 1.02% 21.05%
% of Operating Profit 2.64% -2.22%
Other Income/Expense, Net $3.000M $2.000M
YoY Change -57.14% -166.67%
Pretax Income $3.656B $1.013B
YoY Change -13.34% -3.06%
Income Tax $977.0M $280.0M
% Of Pretax Income 26.72% 27.64%
Net Earnings $2.572B $733.0M
YoY Change -15.28% 4.56%
Net Earnings / Revenue 8.42% 9.17%
Basic Earnings Per Share $8.44 $2.31
Diluted Earnings Per Share $8.29 $2.28
COMMON SHARES
Basic Shares Outstanding 302.7M shares 304.7M shares 316.7M shares
Diluted Shares Outstanding 310.4M shares 321.9M shares

Balance Sheet

Concept 2017 Q1 2016 2015 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.334B $3.372B
YoY Change -16.19% -23.15%
Cash & Equivalents $2.334B $2.785B
Short-Term Investments
Other Short-Term Assets $772.0M $617.0M
YoY Change -84.48% -46.67%
Inventory $5.817B $3.366B
Prepaid Expenses
Receivables $7.611B $3.446B
Other Receivables $0.00 $0.00
Total Short-Term Assets $16.53B $14.57B
YoY Change 13.47% -16.29%
LONG-TERM ASSETS
Property, Plant & Equipment $3.477B $3.466B
YoY Change 0.32% 4.12%
Goodwill $11.44B
YoY Change -2.46%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.038B $1.754B
YoY Change -40.82% -10.42%
Total Long-Term Assets $16.64B $17.43B
YoY Change -4.52% -2.81%
TOTAL ASSETS
Total Short-Term Assets $16.53B $14.57B
Total Long-Term Assets $16.64B $17.43B
Total Assets $33.17B $32.54B
YoY Change 3.67% -7.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.538B $1.964B
YoY Change 29.23% -4.52%
Accrued Expenses $1.030B $1.123B
YoY Change 1.28% -1.32%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $900.0M $501.0M
YoY Change 79.64% 0.0%
Total Short-Term Liabilities $13.45B $12.45B
YoY Change 8.08% -9.5%
LONG-TERM LIABILITIES
Long-Term Debt $2.988B $2.898B
YoY Change 3.11% -14.56%
Other Long-Term Liabilities $6.250B $5.916B
YoY Change 7.0% -7.05%
Total Long-Term Liabilities $9.238B $8.814B
YoY Change 5.71% -9.66%
TOTAL LIABILITIES
Total Short-Term Liabilities $13.45B $12.45B
Total Long-Term Liabilities $9.238B $8.814B
Total Liabilities $22.87B $21.26B
YoY Change 7.58% -9.57%
SHAREHOLDERS EQUITY
Retained Earnings $23.20B
YoY Change 9.83%
Common Stock $482.0M
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $12.39B
YoY Change 31.89%
Treasury Stock Shares
Shareholders Equity $10.30B $10.44B
YoY Change
Total Liabilities & Shareholders Equity $33.17B $32.00B
YoY Change 3.67% -9.45%

Cashflow Statement

Concept 2017 Q1 2016 2015 Q4
OPERATING ACTIVITIES
Net Income $2.572B $733.0M
YoY Change -15.28% 4.56%
Depreciation, Depletion And Amortization $365.0M $117.0M
YoY Change 0.0% -2.5%
Cash From Operating Activities $2.109B $822.0M
YoY Change -15.61% 1955.0%
INVESTING ACTIVITIES
Capital Expenditures $392.0M -$170.0M
YoY Change -31.11% -7.61%
Acquisitions $58.00M
YoY Change 1060.0%
Other Investing Activities -$50.00M $37.00M
YoY Change -394.12% -140.22%
Cash From Investing Activities -$391.0M -$133.0M
YoY Change -295.5% -51.81%
FINANCING ACTIVITIES
Cash Dividend Paid $911.0M $223.0M
YoY Change 4.35%
Common Stock Issuance & Retirement, Net $1.996B
YoY Change -38.26%
Debt Paid & Issued, Net $500.0M
YoY Change 0.0%
Cash From Financing Activities -2.169B -1.349B
YoY Change -49.07% 180.46%
NET CHANGE
Cash From Operating Activities 2.109B 822.0M
Cash From Investing Activities -391.0M -133.0M
Cash From Financing Activities -2.169B -1.349B
Net Change In Cash -451.0M -660.0M
YoY Change -71.09% -7.95%
FREE CASH FLOW
Cash From Operating Activities $2.109B $822.0M
Capital Expenditures $392.0M -$170.0M
Free Cash Flow $1.717B $992.0M
YoY Change -11.04% 342.86%

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1600000000 USD
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480000000 USD
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285000000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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320000000 USD
CY2016 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Accumulated Postretirement Benefit Obligation1
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240000000 USD
CY2016 us-gaap Defined Contribution Plan Cost Recognized
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CY2016 us-gaap Depreciation
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CY2016 us-gaap Depreciation And Amortization
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454000000 USD
CY2016Q4 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
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CY2016 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
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CY2016 us-gaap Dividends Cash
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CY2015Q4 us-gaap Dividends Payable Amount Per Share
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CY2016 us-gaap Earnings Per Share Basic
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CY2015 us-gaap Earnings Per Share Diluted
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CY2016 us-gaap Earnings Per Share Diluted
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9.52
CY2014 us-gaap Effective Income Tax Rate Continuing Operations
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CY2015 us-gaap Effective Income Tax Rate Continuing Operations
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CY2016 us-gaap Effective Income Tax Rate Continuing Operations
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CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.016
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CY2015 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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CY2016 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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CY2015 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2016 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.006
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CY2015 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements Domestic
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CY2016 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements Domestic
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CY2015Q4 us-gaap Fair Value Hedges At Fair Value Net
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CY2016Q4 us-gaap Fair Value Hedges At Fair Value Net
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P90D
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303000000 USD
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156000000 USD
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154000000 USD
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214000000 USD
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5339000 shares
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5680000 shares
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99000000 USD
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94000000 USD
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90000000 USD
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28000000 USD
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28000000 USD
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211000000 USD
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256000000 USD
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15000000 USD
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333000000 USD
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9050000000 USD
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2518000000 USD
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902000000 USD
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501000000 USD
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1000000 USD
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1000000 USD
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1000000 USD
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2898000000 USD
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2988000000 USD
CY2015Q4 us-gaap Machinery And Equipment Gross
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4394000000 USD
CY2016Q4 us-gaap Machinery And Equipment Gross
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4582000000 USD
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36000000 USD
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200000000 USD
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CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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92000000 USD
CY2016Q4 us-gaap Net Investment Hedge Derivatives At Fair Value Net
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0 USD
CY2016 us-gaap Number Of Operating Segments
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4 Segment
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3889000000 USD
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
4178000000 USD
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
1187000000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
241000000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
72000000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
3828000000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
2607000000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
2198000000 USD
CY2014 us-gaap Net Income Loss
NetIncomeLoss
2533000000 USD
CY2015 us-gaap Net Income Loss
NetIncomeLoss
2965000000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
2955000000 USD
CY2015Q4 us-gaap Net Investment Hedge Derivatives At Fair Value Net
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0 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
144000000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
195000000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
443000000 USD
CY2015Q4 us-gaap Other Assets Current
OtherAssetsCurrent
617000000 USD
CY2016Q4 us-gaap Other Assets Current
OtherAssetsCurrent
697000000 USD
CY2015Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1754000000 USD
CY2016Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1835000000 USD
CY2014 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
-436000000 USD
CY2015 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
-374000000 USD
CY2016 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
-118000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
69000000 USD
CY2015 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
72000000 USD
CY2016 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
74000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-2450000000 USD
CY2015 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-270000000 USD
CY2016 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-128000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-2450000000 USD
CY2015 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-270000000 USD
CY2016 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-128000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1747000000 USD
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-354000000 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-110000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1747000000 USD
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-354000000 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-110000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
1745000000 USD
CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-500000000 USD
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
192000000 USD
CY2016 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-18000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
-703000000 USD
CY2015 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
84000000 USD
CY2016 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
-18000000 USD
CY2014 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-279000000 USD
CY2015 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-394000000 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
191000000 USD
CY2014 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
10000000 USD
CY2015 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-2000000 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-9000000 USD
CY2015Q4 us-gaap Other Liabilities Current
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4306000000 USD
CY2016Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
4469000000 USD
CY2015Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
5916000000 USD
CY2016Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
6062000000 USD
CY2014 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1000000 USD
CY2015 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
7000000 USD
CY2016 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
13000000 USD
CY2015Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
1376000000 USD
CY2016Q4 us-gaap Other Sundry Liabilities Current
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1355000000 USD
CY2015Q4 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
1084000000 USD
CY2016Q4 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
1179000000 USD
CY2014 us-gaap Payments For Proceeds From Other Investing Activities
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183000000 USD
CY2015 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
22000000 USD
CY2016 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
43000000 USD
CY2014 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3400000000 USD
CY2014 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3382000000 USD
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3200000000 USD
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3233000000 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1996000000 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2000000000 USD
CY2014 us-gaap Payments Of Dividends
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822000000 USD
CY2015 us-gaap Payments Of Dividends
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873000000 USD
CY2016 us-gaap Payments Of Dividends
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911000000 USD
CY2014 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
500000000 USD
CY2015 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
0 USD
CY2016 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
0 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
521000000 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
569000000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
392000000 USD
CY2015Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
304000000 USD
CY2016Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
303000000 USD
CY2015Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
4251000000 USD
CY2016Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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4393000000 USD
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1
CY2014 us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
102000000 USD
CY2015 us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
291000000 USD
CY2016 us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
9000000 USD
CY2014 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
547000000 USD
CY2015 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
268000000 USD
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2015Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2014 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
0 USD
CY2015 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
0 USD
CY2016 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
992000000 USD
CY2014 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
0 USD
CY2015 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
500000000 USD
CY2016 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
0 USD
CY2014 us-gaap Proceeds From Payments For Other Financing Activities
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CY2015 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
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CY2016 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
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CY2016 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
292000000 USD
CY2013Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
354000000 USD
CY2014Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
428000000 USD
CY2015Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
465000000 USD
CY2016Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
515000000 USD
CY2014 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
78000000 USD
CY2015 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
120000000 USD
CY2016 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
91000000 USD
CY2014 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
146000000 USD
CY2015 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
158000000 USD
CY2016 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
140000000 USD
CY2015Q4 us-gaap Property Plant And Equipment Gross
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7676000000 USD
CY2016Q4 us-gaap Property Plant And Equipment Gross
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7929000000 USD
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3466000000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
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3467000000 USD
CY2014 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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329000000 USD
CY2015 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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423000000 USD
CY2016 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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340000000 USD
CY2014 us-gaap Repayments Of Long Term Debt
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0 USD
CY2015 us-gaap Repayments Of Long Term Debt
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500000000 USD
CY2016 us-gaap Repayments Of Long Term Debt
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500000000 USD
CY2014 us-gaap Restricted Stock Expense
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45000000 USD
CY2015 us-gaap Restricted Stock Expense
RestrictedStockExpense
40000000 USD
CY2016 us-gaap Restricted Stock Expense
RestrictedStockExpense
40000000 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
23204000000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
25227000000 USD
CY2014 us-gaap Revenues
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30852000000 USD
CY2015 us-gaap Revenues
Revenues
31469000000 USD
CY2016 us-gaap Revenues
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31353000000 USD
CY2014 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
19564000000 USD
CY2015 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
20280000000 USD
CY2016 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
19885000000 USD
CY2014 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
11288000000 USD
CY2015 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
11189000000 USD
CY2016 us-gaap Sales Revenue Services Net
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11468000000 USD
CY2014 us-gaap Share Based Compensation
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128000000 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
110000000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
100000000 USD
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ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.025
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.020
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.020
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.208
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.241
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.200
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.194
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.201
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.191
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.014
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.019
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.016
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.011
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.017
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.015
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.202
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.240
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.200
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
8000000 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
6320162 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
87.69
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
340000000 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
238000000 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
263000000 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
149878 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
134.55
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
2732700 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
13.99
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
27.54
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
22.11
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
705000000 USD
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
12175661 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
10934621 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
94.17
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
108.23
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
698000000 USD
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
10756736 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
107.76
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
82.25
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
135.96
CY2016Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
537000000 USD
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y2M22D
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y6M9D
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P5Y6M18D
CY2016Q4 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
0 USD
CY2016 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
3823862 shares
CY2014 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
758000000 USD
CY2015 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
419000000 USD
CY2016 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
356000000 USD
CY2014 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
38000000 USD
CY2015 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
32000000 USD
CY2016 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
25000000 USD
CY2016Q4 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
5400000 shares
CY2014 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
29000000 shares
CY2015 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
22800000 shares
CY2016 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
14200000 shares
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
14501000000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
11829000000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
10738000000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
10976000000 USD
CY2016Q4 us-gaap Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
109000000 USD
CY2015Q4 us-gaap Trading Securities
TradingSecurities
0 USD
CY2016Q4 us-gaap Trading Securities
TradingSecurities
0 USD
CY2015Q4 us-gaap Treasury Stock Value
TreasuryStockValue
12392000000 USD
CY2016Q4 us-gaap Treasury Stock Value
TreasuryStockValue
14156000000 USD
CY2014 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
3382000000 USD
CY2015 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
3233000000 USD
CY2016 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
2031000000 USD
CY2016Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
1800000000 USD
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
341331000 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
326652000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
310387000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
335192000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
321313000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
304707000 shares
CY2015Q4 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
369000000 USD
CY2016Q4 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
337000000 USD
CY2016 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:24px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Use of Estimates.</font><font style="font-family:inherit;font-size:12pt;"> The nature of our business requires that we make a number of estimates and assumptions in accordance with U.S. generally accepted accounting principles (GAAP). These estimates and assumptions affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements, as well as the reported amounts of revenue and expenses during the reporting period. We base our estimates on historical experience, currently available information and various other assumptions that we believe are reasonable under the circumstances. Actual results could differ from these estimates.</font></div></div>

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