2017 Q2 Form 10-Q Financial Statement
#000140807517000031 Filed on July 26, 2017
Income Statement
Concept | 2017 Q2 | 2016 Q2 |
---|---|---|
Revenue | $1.095B | $1.103B |
YoY Change | -0.77% | 4.36% |
Cost Of Revenue | $920.9M | $898.4M |
YoY Change | 2.5% | 4.57% |
Gross Profit | $176.9M | $204.8M |
YoY Change | -13.62% | 3.43% |
Gross Profit Margin | 16.16% | 18.56% |
Selling, General & Admin | $84.30M | $92.70M |
YoY Change | -9.06% | 4.51% |
% of Gross Profit | 47.65% | 45.26% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $75.20M | $75.20M |
YoY Change | 0.0% | 5.62% |
% of Gross Profit | 42.51% | 36.72% |
Operating Expenses | $84.30M | $92.70M |
YoY Change | -9.06% | 4.51% |
Operating Profit | $83.80M | $105.6M |
YoY Change | -20.64% | -4.17% |
Interest Expense | $22.50M | $18.20M |
YoY Change | 23.63% | 2.25% |
% of Operating Profit | 26.85% | 17.23% |
Other Income/Expense, Net | $3.800M | |
YoY Change | ||
Pretax Income | $65.10M | $87.40M |
YoY Change | -25.51% | -5.41% |
Income Tax | $23.60M | $10.10M |
% Of Pretax Income | 36.25% | 11.56% |
Net Earnings | $42.00M | $77.80M |
YoY Change | -46.02% | 35.07% |
Net Earnings / Revenue | 3.84% | 7.05% |
Basic Earnings Per Share | $0.14 | $0.24 |
Diluted Earnings Per Share | $0.14 | $0.24 |
COMMON SHARES | ||
Basic Shares Outstanding | 310.7M shares | 322.1M shares |
Diluted Shares Outstanding | 311.1M shares | 322.5M shares |
Balance Sheet
Concept | 2017 Q2 | 2016 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $12.50M | $38.70M |
YoY Change | -67.7% | -17.31% |
Cash & Equivalents | $12.50M | $38.70M |
Short-Term Investments | ||
Other Short-Term Assets | $45.70M | $39.20M |
YoY Change | 16.58% | -1.26% |
Inventory | $600.2M | $589.9M |
Prepaid Expenses | ||
Receivables | $493.6M | $501.2M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $1.152B | $1.169B |
YoY Change | -1.45% | -11.43% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $1.814B | $1.747B |
YoY Change | 3.81% | 11.92% |
Goodwill | $1.266B | $1.268B |
YoY Change | -0.11% | 9.02% |
Intangibles | $423.7M | $488.0M |
YoY Change | -13.18% | 23.14% |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $35.80M | $48.30M |
YoY Change | -25.88% | -33.38% |
Total Long-Term Assets | $3.539B | $3.551B |
YoY Change | -0.33% | 11.23% |
TOTAL ASSETS | ||
Total Short-Term Assets | $1.152B | $1.169B |
Total Long-Term Assets | $3.539B | $3.551B |
Total Assets | $4.691B | $4.720B |
YoY Change | -0.61% | 4.6% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $465.3M | $422.0M |
YoY Change | 10.26% | 2.75% |
Accrued Expenses | $256.5M | $242.5M |
YoY Change | 5.77% | 7.25% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $47.50M | $61.80M |
YoY Change | -23.14% | 78.1% |
Total Short-Term Liabilities | $769.3M | $726.3M |
YoY Change | 5.92% | 8.16% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $2.166B | $2.213B |
YoY Change | -2.13% | 10.11% |
Other Long-Term Liabilities | $73.50M | $70.40M |
YoY Change | 4.4% | -6.01% |
Total Long-Term Liabilities | $2.239B | $2.283B |
YoY Change | -1.93% | 9.53% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $769.3M | $726.3M |
Total Long-Term Liabilities | $2.239B | $2.283B |
Total Liabilities | $3.009B | $3.010B |
YoY Change | -0.04% | 9.2% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$229.5M | -$271.3M |
YoY Change | -15.41% | -28.25% |
Common Stock | $1.677B | $1.738B |
YoY Change | -3.49% | -2.6% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $1.097B | $1.087B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $4.691B | $4.720B |
YoY Change | -0.61% | 4.6% |
Cashflow Statement
Concept | 2017 Q2 | 2016 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $42.00M | $77.80M |
YoY Change | -46.02% | 35.07% |
Depreciation, Depletion And Amortization | $75.20M | $75.20M |
YoY Change | 0.0% | 5.62% |
Cash From Operating Activities | -$12.20M | $188.6M |
YoY Change | -106.47% | 26.07% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$68.40M | -$83.00M |
YoY Change | -17.59% | 25.19% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $147.8M | -$41.80M |
YoY Change | -453.59% | -635.9% |
Cash From Investing Activities | $79.40M | -$124.8M |
YoY Change | -163.62% | 113.33% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -92.50M | -99.80M |
YoY Change | -7.31% | 13.02% |
NET CHANGE | ||
Cash From Operating Activities | -12.20M | 188.6M |
Cash From Investing Activities | 79.40M | -124.8M |
Cash From Financing Activities | -92.50M | -99.80M |
Net Change In Cash | -25.30M | -36.00M |
YoY Change | -29.72% | -1385.71% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$12.20M | $188.6M |
Capital Expenditures | -$68.40M | -$83.00M |
Free Cash Flow | $56.20M | $271.6M |
YoY Change | -79.31% | 25.8% |
Facts In Submission
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|
-800000 | USD | |
us-gaap |
Dividends
Dividends
|
46600000 | USD | |
CY2016Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.24 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.42 | ||
CY2017Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.14 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.25 | ||
CY2016Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.24 | |
CY2017Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.14 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.25 | ||
CY2016Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.24 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.42 | ||
CY2017Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.14 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.25 | ||
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
1000000 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
1700000 | USD | |
CY2016Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
107300000 | USD |
CY2017Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
105800000 | USD |
CY2017Q1 | us-gaap |
Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
39100000 | USD |
us-gaap |
Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
2000000 | USD | |
CY2016Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
15400000 | USD |
CY2017Q2 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
13400000 | USD |
CY2016Q4 | us-gaap |
Goodwill
Goodwill
|
1260300000 | USD |
CY2017Q2 | us-gaap |
Goodwill
Goodwill
|
1266400000 | USD |
CY2016Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
87400000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
177700000 | USD | |
CY2017Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
65100000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
119300000 | USD | |
CY2016Q2 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
500000 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
900000 | USD | |
CY2017Q2 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
500000 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
900000 | USD | |
CY2016Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
10100000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
43300000 | USD | |
CY2017Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
23600000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
41200000 | USD | |
CY2016Q2 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
-22400000 | USD |
us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
88100000 | USD | |
us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
74900000 | USD | |
CY2016Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
400000 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
800000 | shares | |
CY2017Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
400000 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
700000 | shares | |
CY2016Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
445300000 | USD |
CY2017Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
423700000 | USD |
CY2016Q2 | us-gaap |
Interest Expense
InterestExpense
|
18200000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
35100000 | USD | |
CY2017Q2 | us-gaap |
Interest Expense
InterestExpense
|
22500000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
43800000 | USD | |
CY2016Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
238300000 | USD |
CY2017Q2 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
244000000 | USD |
CY2016Q4 | us-gaap |
Inventory Net
InventoryNet
|
582900000 | USD |
CY2017Q2 | us-gaap |
Inventory Net
InventoryNet
|
600200000 | USD |
CY2016Q4 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
187200000 | USD |
CY2017Q2 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
202500000 | USD |
CY2016Q4 | us-gaap |
Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
|
83900000 | USD |
CY2017Q2 | us-gaap |
Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
|
87700000 | USD |
CY2016Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
73500000 | USD |
CY2017Q2 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
66000000 | USD |
CY2017Q2 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
21000000 | USD |
CY2016Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
4603400000 | USD |
CY2017Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
4691400000 | USD |
CY2016Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
779800000 | USD |
CY2017Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
769300000 | USD |
CY2017Q2 | us-gaap |
Line Of Credit
LineOfCredit
|
283800000 | USD |
CY2017Q2 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
1487100000 | USD |
CY2017Q2 | us-gaap |
Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
|
1182300000 | USD |
CY2016Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
2112800000 | USD |
CY2017Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
2188500000 | USD |
CY2016Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
2088500000 | USD |
CY2017Q2 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
2165700000 | USD |
CY2016Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
26300000 | USD |
CY2017Q2 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
39700000 | USD |
CY2016Q4 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
2132700000 | USD |
CY2017Q2 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
2231000000 | USD |
CY2016Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
2088500000 | USD |
CY2017Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
2165700000 | USD |
CY2017Q2 | us-gaap |
Minority Interest Ownership Percentage By Parent
MinorityInterestOwnershipPercentageByParent
|
1 | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
253500000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-66600000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-517700000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-146800000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
247000000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
165100000 | USD | |
CY2016Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
77800000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
135300000 | USD | |
CY2017Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
42000000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
79000000 | USD | |
CY2017Q2 | us-gaap |
Number Of Real Estate Properties
NumberOfRealEstateProperties
|
7 | paperboard_mill |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
3 | segment | |
CY2016Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
105600000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
212800000 | USD | |
CY2017Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
87600000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
163100000 | USD | |
CY2016Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
142600000 | USD |
CY2017Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
150700000 | USD |
CY2016Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
46100000 | USD |
CY2017Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
45700000 | USD |
CY2016Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
31000000 | USD |
CY2017Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
35800000 | USD |
us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
33000000 | USD | |
CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
5000000 | USD |
CY2017Q2 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
-2000000 | USD |
us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
-3900000 | USD | |
CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-25500000 | USD |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-19500000 | USD | |
CY2017Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
17200000 | USD |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
36100000 | USD | |
CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-43800000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-37200000 | USD | |
CY2017Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
16000000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
33700000 | USD | |
CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
|
23300000 | USD |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
|
20700000 | USD | |
us-gaap |
Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
|
8700000 | USD | |
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
179400000 | USD | |
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
135800000 | USD | |
CY2016Q4 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
202500000 | USD |
CY2017Q2 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
|
-800000 | USD |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
|
-1500000 | USD | |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
|
-5100000 | USD | |
CY2016Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
68100000 | USD |
CY2017Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
73500000 | USD |
CY2016Q4 | us-gaap |
Other Long Term Debt
OtherLongTermDebt
|
3000000 | USD |
CY2017Q2 | us-gaap |
Other Long Term Debt
OtherLongTermDebt
|
22600000 | USD |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-24200000 | USD | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
4500000 | USD | |
CY2016Q2 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-1200000 | USD |
us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-2100000 | USD | |
CY2017Q2 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
400000 | USD |
us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
600000 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
2800000 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
2300000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
79700000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
59600000 | USD | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
32400000 | USD | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
46900000 | USD | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
10400000 | USD | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
10000000 | USD | |
CY2016 | us-gaap |
Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
|
333000000 | USD |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
328900000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
0 | USD | |
us-gaap |
Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
|
6600000 | USD | |
CY2017Q2 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
185500000 | USD |
CY2016Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2017Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2016Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
100000000 | shares |
CY2017Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
100000000 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2017Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2017Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2017Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
843300000 | USD | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
502300000 | USD | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-300000 | USD | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
9100000 | USD | |
CY2016Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1751900000 | USD |
CY2017Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1813500000 | USD |
CY2016Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
426800000 | USD |
us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
6555073 | shares | |
us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
4268299 | shares | |
CY2017Q2 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
493600000 | USD |
us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-700000 | USD | |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
454500000 | USD | |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
449000000 | USD | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
12500000 | USD | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
12500000 | USD | |
us-gaap |
Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
|
-10000000 | USD | |
CY2016Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-268000000 | USD |
CY2017Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-229500000 | USD |
CY2016Q2 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
1103200000 | USD |
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
2137200000 | USD | |
CY2017Q2 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
1094700000 | USD |
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
2156200000 | USD | |
CY2016Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
92700000 | USD |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
181800000 | USD | |
CY2017Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
83600000 | USD |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
174700000 | USD | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
|
1600000 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
|
1000000 | shares | |
CY2015Q1 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
250000000 | USD |
CY2017Q1 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
250000000 | USD |
CY2017Q2 | us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
|
213000000 | USD |
CY2017Q1 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
1440697 | shares |
us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
55900000 | USD | |
CY2016Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1056500000 | USD |
CY2017Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1096700000 | USD |
CY2016Q2 | us-gaap |
Transfer Of Financial Assets Accounted For As Sales Amount Derecognized
TransferOfFinancialAssetsAccountedForAsSalesAmountDerecognized
|
623000000 | USD |
CY2017Q2 | us-gaap |
Transfer Of Financial Assets Accounted For As Sales Amount Derecognized
TransferOfFinancialAssetsAccountedForAsSalesAmountDerecognized
|
683000000 | USD |
CY2016Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
322500000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
324100000 | shares | |
CY2017Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
311100000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
312500000 | shares | |
CY2016Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
322100000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
323300000 | shares | |
CY2017Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
310700000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
311800000 | shares | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:100%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In addition, the preparation of the Condensed Consolidated Financial Statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the Condensed Consolidated Financial Statements and the reported amounts of revenues and expenses during the reporting period. Actual amounts could differ from those estimates and changes in these estimates are recorded when known.</font></div></div> |