2016 Q2 Form 10-K Financial Statement

#000112336016000094 Filed on July 28, 2016

View on sec.gov

Income Statement

Concept 2016 Q2 2016 2015 Q2
Revenue $842.6M $3.371B $706.5M
YoY Change 19.26% 21.53% 4.83%
Cost Of Revenue $406.9M $1.604B $254.2M
YoY Change 60.06% 56.88% 0.32%
Gross Profit $435.8M $1.767B $452.3M
YoY Change -3.65% 0.9% 7.54%
Gross Profit Margin 51.71% 52.43% 64.02%
Selling, General & Admin $374.6M $1.411B $348.7M
YoY Change 7.43% 8.96% 5.13%
% of Gross Profit 85.96% 79.84% 77.09%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $88.44M $187.9M $34.70M
YoY Change 154.88% 36.64% -0.29%
% of Gross Profit 20.3% 10.63% 7.67%
Operating Expenses $374.6M $1.411B $348.7M
YoY Change 7.43% 8.96% 5.13%
Operating Profit $61.16M $356.3M $103.6M
YoY Change -40.96% -21.96% 16.51%
Interest Expense -$26.90M -$64.60M -$8.300M
YoY Change 224.1% 63.54% 12.16%
% of Operating Profit -43.98% -18.13% -8.01%
Other Income/Expense, Net $5.968M -$99.38M
YoY Change 151.67%
Pretax Income $67.13M $257.0M $95.30M
YoY Change -29.56% -38.39% 16.79%
Income Tax -$4.000K $36.27M $25.20M
% Of Pretax Income -0.01% 14.11% 26.44%
Net Earnings $62.23M $201.8M $65.33M
YoY Change -4.73% -27.44% 26.54%
Net Earnings / Revenue 7.39% 5.99% 9.25%
Basic Earnings Per Share $0.42 $1.38 $0.50
Diluted Earnings Per Share $0.42 $1.37 $0.49
COMMON SHARES
Basic Shares Outstanding 148.3M shares 132.3M shares
Diluted Shares Outstanding 149.4M shares 133.2M shares

Balance Sheet

Concept 2016 Q2 2016 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.045B $1.163B $651.0M
YoY Change 60.52% 78.65% 11.86%
Cash & Equivalents $1.045B $1.163B $650.7M
Short-Term Investments
Other Short-Term Assets $182.0M $123.0M $41.00M
YoY Change 343.9% 200.0% -30.51%
Inventory $5.228M
Prepaid Expenses
Receivables $281.6M $283.0M $202.4M
Other Receivables $6.799M $1.547B $548.0K
Total Short-Term Assets $2.851B $3.116B $3.290B
YoY Change -13.33% -5.29% 101.87%
LONG-TERM ASSETS
Property, Plant & Equipment $493.7M $526.0M $374.1M
YoY Change 31.95% 40.64% 1.19%
Goodwill $4.829B $1.492B
YoY Change 223.72% 11.56%
Intangibles $2.265B $560.1M
YoY Change 304.31% 4.66%
Long-Term Investments
YoY Change
Other Assets $48.13M $129.0M $32.85M
YoY Change 46.53% 104.76% 14.71%
Total Long-Term Assets $7.659B $7.548B $2.489B
YoY Change 207.65% 203.25% 4.91%
TOTAL ASSETS
Total Short-Term Assets $2.851B $3.116B $3.290B
Total Long-Term Assets $7.659B $7.548B $2.489B
Total Assets $10.51B $10.66B $5.779B
YoY Change 81.86% 84.53% 44.39%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.246B $1.505B $2.034B
YoY Change -38.74% -26.01% 338.36%
Accrued Expenses $384.0M $385.0M
YoY Change 0.26%
Deferred Revenue
YoY Change
Short-Term Debt $378.0M $392.0M $593.0M
YoY Change -36.26% -33.9% 34.77%
Long-Term Debt Due $135.5M $178.0M $61.78M
YoY Change 119.38% 187.1% 264.77%
Total Short-Term Liabilities $2.431B $2.852B $3.015B
YoY Change -19.38% -5.41% 149.02%
LONG-TERM LIABILITIES
Long-Term Debt $4.380B $4.261B $1.678B
YoY Change 160.97% 153.93% 22.18%
Other Long-Term Liabilities $77.24M $96.00M $19.42M
YoY Change 297.67% 405.26% -78.21%
Total Long-Term Liabilities $4.457B $4.357B $1.698B
YoY Change 162.53% 156.75% 16.07%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.431B $2.852B $3.015B
Total Long-Term Liabilities $4.457B $4.357B $1.698B
Total Liabilities $7.633B $8.034B $4.916B
YoY Change 55.27% 60.01% 71.3%
SHAREHOLDERS EQUITY
Retained Earnings $1.016B $795.2M
YoY Change 27.74% -2.54%
Common Stock $0.00 $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.746B $2.631B $758.0M
YoY Change
Total Liabilities & Shareholders Equity $10.51B $10.66B $5.779B
YoY Change 81.86% 84.53% 44.39%

Cashflow Statement

Concept 2016 Q2 2016 2015 Q2
OPERATING ACTIVITIES
Net Income $62.23M $201.8M $65.33M
YoY Change -4.73% -27.44% 26.54%
Depreciation, Depletion And Amortization $88.44M $187.9M $34.70M
YoY Change 154.88% 36.64% -0.29%
Cash From Operating Activities -$293.0M $592.9M $77.60M
YoY Change -477.58% 37.92% -164.51%
INVESTING ACTIVITIES
Capital Expenditures -$34.10M -$88.90M -$35.90M
YoY Change -5.01% -4.0% 78.61%
Acquisitions
YoY Change
Other Investing Activities -$1.794B $2.200M -$126.4M
YoY Change 1319.07% -100.63% -70.14%
Cash From Investing Activities -$1.828B -$2.127B -$162.1M
YoY Change 1027.51% 382.46% -63.44%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $3.692B
YoY Change 71.79%
Cash From Financing Activities 2.333B $1.958B 130.6M
YoY Change 1686.6% 1337.31% 2.11%
NET CHANGE
Cash From Operating Activities -293.0M $592.9M 77.60M
Cash From Investing Activities -1.828B -$2.127B -162.1M
Cash From Financing Activities 2.333B $1.958B 130.6M
Net Change In Cash 212.6M $423.2M 46.10M
YoY Change 361.17% 238.17% -110.58%
FREE CASH FLOW
Cash From Operating Activities -$293.0M $592.9M $77.60M
Capital Expenditures -$34.10M -$88.90M -$35.90M
Free Cash Flow -$258.9M $681.8M $113.5M
YoY Change -328.11% 30.49% -213.27%

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290292000 USD
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96302000 USD
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230630000 USD
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30 EUR
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952225000 USD
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2148737000 USD
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2317121000 USD
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2473206000 USD
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49178000 USD
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3856000 USD
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3905000 USD
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5454000 USD
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45333000 USD
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225067000 USD
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62500000 USD
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145938000 USD
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3515000 USD
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6289000 USD
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42027000 USD
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1206000 USD
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3606000 USD
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14304000 USD
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2330000 USD
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6483000 USD
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14172000 USD
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7140000 USD
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7727000 USD
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11677000 USD
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0 USD
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147239000 USD
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1970000 USD
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63957000 USD
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14659000 USD
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0 USD
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122069000 USD
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187881000 USD
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10116000 USD
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12859000 USD
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0 USD
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3958000 USD
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8240000 USD
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5757000 USD
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5340000 USD
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5439000 USD
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0.53
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0.49
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2.06
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0.66
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0.53
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0.26
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2.04
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0.285
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0.259
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0.196
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0.35
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0.35
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0.35
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-0.072
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-0.085
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-0.101
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0.009
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0.011
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0.004
CY2014 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
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0.021
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0.018
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0.026
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90658000 USD
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2500000 USD
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7126000 USD
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6907000 USD
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9879000 USD
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6475000 USD
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5176000 USD
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392720000 USD
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497947000 USD
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321802000 USD
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256312000 USD
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275560000 USD
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294294000 USD
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301258000 USD
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2762655000 USD
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1491833000 USD
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4829405000 USD
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0 USD
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0 USD
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0 USD
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-109691000 USD
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153453000 USD
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135901000 USD
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59876000 USD
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377350000 USD
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417110000 USD
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360912000 USD
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223897000 USD
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281209000 USD
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301036000 USD
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377350000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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417110000 USD
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360912000 USD
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107398000 USD
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IncomeTaxExpenseBenefit
107995000 USD
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70695000 USD
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12700000 USD
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94938000 USD
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66726000 USD
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89684000 USD
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2744000 USD
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18539000 USD
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-1248000 USD
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14542000 USD
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11569000 USD
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9317000 USD
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29078000 USD
CY2014 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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-23788000 USD
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-14743000 USD
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35138000 USD
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1138000 shares
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IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
850000 shares
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883000 shares
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560136000 USD
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2264708000 USD
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13663000 USD
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4949000 USD
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5284000 USD
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37500000 USD
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InterestExpenseDebt
39900000 USD
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InterestExpenseDebt
67900000 USD
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InterestPaid
33214000 USD
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InterestPaid
36537000 USD
CY2016 us-gaap Interest Paid
InterestPaid
58730000 USD
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3958000 USD
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8240000 USD
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4915748000 USD
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7632548000 USD
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5779301000 USD
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10509952000 USD
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3015188000 USD
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2430707000 USD
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592629000 USD
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378436000 USD
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1740067000 USD
CY2016Q2 us-gaap Long Term Debt
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61784000 USD
CY2016Q2 us-gaap Long Term Debt Current
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135542000 USD
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145938000 USD
CY2016Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
219700000 USD
CY2016Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
219700000 USD
CY2016Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
192300000 USD
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1678283000 USD
CY2016Q2 us-gaap Long Term Debt Noncurrent
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4379744000 USD
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105577000 USD
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130928000 USD
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36670000 USD
CY2015 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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39753000 USD
CY2016 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
23308000 USD
CY2016 us-gaap Minority Interest Decrease From Redemptions
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7550000 USD
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218896000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities
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141375000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
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15150000 USD
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-440921000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
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CY2014 us-gaap Net Cash Provided By Used In Operating Activities
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194098000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
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424701000 USD
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585001000 USD
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245286000 USD
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62568000 USD
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65325000 USD
CY2015 us-gaap Net Income Loss
NetIncomeLoss
278040000 USD
CY2015Q3 us-gaap Net Income Loss
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86646000 USD
CY2015Q4 us-gaap Net Income Loss
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78771000 USD
CY2016Q1 us-gaap Net Income Loss
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69061000 USD
CY2016Q2 us-gaap Net Income Loss
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37188000 USD
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271666000 USD
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24666000 USD
CY2015 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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31075000 USD
CY2016 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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18551000 USD
CY2014 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
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269952000 USD
CY2015 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
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309115000 USD
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290217000 USD
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NoncontrollingInterestIncreaseFromBusinessCombination
7280000 USD
CY2016 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
24655000 USD
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16374000 USD
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374143000 USD
CY2016Q2 us-gaap Noncurrent Assets
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493678000 USD
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-28149000 USD
CY2015 us-gaap Nonoperating Income Expense
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-39487000 USD
CY2016 us-gaap Nonoperating Income Expense
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-64032000 USD
CY2016Q2 us-gaap Number Of Countries In Which Entity Operates
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30 Country
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6 segment
CY2016 us-gaap Number Of Reportable Segments
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3 segment
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OperatingIncomeLoss
405499000 USD
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OperatingIncomeLoss
124398000 USD
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123984000 USD
CY2015Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
104615000 USD
CY2015Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
103600000 USD
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
456597000 USD
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OperatingIncomeLoss
137772000 USD
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OperatingIncomeLoss
123165000 USD
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OperatingIncomeLoss
107805000 USD
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OperatingIncomeLoss
56202000 USD
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424944000 USD
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18412000 USD
CY2016Q2 us-gaap Operating Leases Future Minimum Payments Due
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172594000 USD
CY2016Q2 us-gaap Operating Leases Future Minimum Payments Due Current
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34373000 USD
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691000 USD
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
1382000 USD
CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-236000 USD
CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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-63000 USD
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23467000 USD
CY2016Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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28824000 USD
CY2016Q2 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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52368000 USD
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16000000 USD
CY2015 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
17500000 USD
CY2016 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
19700000 USD
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88676000 USD
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184259000 USD
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32846000 USD
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48129000 USD
CY2014 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
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0 USD
CY2015 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
-2284000 USD
CY2016 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
-1738000 USD
CY2014 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
17034000 USD
CY2015 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-220641000 USD
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-55858000 USD
CY2014 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-3133000 USD
CY2015 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-12152000 USD
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0 USD
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20340000 USD
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-212813000 USD
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-59587000 USD
CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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241000 USD
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
534000 USD
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OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
0 USD
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-10116000 USD
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-12859000 USD
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19422000 USD
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77235000 USD
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1484000 USD
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548000 USD
CY2016Q2 us-gaap Other Receivables Net Current
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6799000 USD
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5961000 USD
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PaymentsOfDebtIssuanceCosts
0 USD
CY2016 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
63382000 USD
CY2016 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
63400000 USD
CY2014 us-gaap Payments Of Dividends Common Stock
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5757000 USD
CY2015 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
5340000 USD
CY2016 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
5439000 USD
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PaymentsToAcquireInterestInSubsidiariesAndAffiliates
0 USD
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2496842000 USD
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0 USD
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16374000 USD
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2000000000 USD
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2690000000 USD
CY2015 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
0 USD
CY2016 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
7550000 USD
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PaymentsToAcquireProductiveAssets
81411000 USD
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PaymentsToAcquireProductiveAssets
92550000 USD
CY2016 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
91591000 USD
CY2014 us-gaap Payments To Minority Shareholders
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36670000 USD
CY2015 us-gaap Payments To Minority Shareholders
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39753000 USD
CY2016 us-gaap Payments To Minority Shareholders
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23308000 USD
CY2015Q2 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
0
CY2016Q2 us-gaap Preferred Stock No Par Value
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0
CY2015Q2 us-gaap Preferred Stock Shares Authorized
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5000000 shares
CY2016Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2015Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2016Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2015Q2 us-gaap Preferred Stock Value
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0 USD
CY2016Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
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41416000 USD
CY2016Q2 us-gaap Prepaid Expense And Other Assets Current
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181848000 USD
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0 USD
CY2016 us-gaap Proceeds From Issuance Of Long Term Debt
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6078230000 USD
CY2014 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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31727000 USD
CY2015 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
22550000 USD
CY2016 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
8480000 USD
CY2014 us-gaap Proceeds From Repayments Of Lines Of Credit
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252667000 USD
CY2015 us-gaap Proceeds From Repayments Of Lines Of Credit
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198884000 USD
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ProfitLoss
269952000 USD
CY2014Q3 us-gaap Profit Loss
ProfitLoss
84434000 USD
CY2014Q4 us-gaap Profit Loss
ProfitLoss
85256000 USD
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ProfitLoss
69315000 USD
CY2015Q2 us-gaap Profit Loss
ProfitLoss
70110000 USD
CY2015 us-gaap Profit Loss
ProfitLoss
309115000 USD
CY2015Q3 us-gaap Profit Loss
ProfitLoss
93048000 USD
CY2015Q4 us-gaap Profit Loss
ProfitLoss
83078000 USD
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ProfitLoss
72912000 USD
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ProfitLoss
41179000 USD
CY2016 us-gaap Profit Loss
ProfitLoss
290217000 USD
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497293000 USD
CY2016Q2 us-gaap Property Plant And Equipment Gross
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627261000 USD
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374143000 USD
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2260597000 USD
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493678000 USD
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21056000 USD
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ShareBasedCompensation
30809000 USD
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6300000 USD
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29793000 USD
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2148907000 USD
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3691608000 USD
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795226000 USD
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1015811000 USD
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2554236000 USD
CY2014Q3 us-gaap Revenues
Revenues
704895000 USD
CY2014Q4 us-gaap Revenues
Revenues
697291000 USD
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Revenues
664983000 USD
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Revenues
706549000 USD
CY2015 us-gaap Revenues
Revenues
2773718000 USD
CY2015Q3 us-gaap Revenues
Revenues
748796000 USD
CY2015Q4 us-gaap Revenues
Revenues
722350000 USD
CY2016Q1 us-gaap Revenues
Revenues
679940000 USD
CY2016Q2 us-gaap Revenues
Revenues
747064000 USD
CY2016 us-gaap Revenues
Revenues
2898150000 USD
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1196512000 USD
CY2015 us-gaap Selling General And Administrative Expense
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1295014000 USD
CY2016 us-gaap Selling General And Administrative Expense
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1325567000 USD
CY2015Q2 us-gaap Settlement Assets Current
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2394822000 USD
CY2016Q2 us-gaap Settlement Assets Current
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1336326000 USD
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2033900000 USD
CY2016Q2 us-gaap Settlement Liabilities Current
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1220315000 USD
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
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618000 shares
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
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493000 shares
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20.88
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
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23.33
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24900000 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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16600000 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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9400000 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
48000 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
8000 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
306000 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
306366 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
145000 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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144786 shares
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21300000 USD
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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23900000 USD
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
36800000 USD
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1532000 shares
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
894000 shares
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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811000 shares
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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20.36
CY2015 us-gaap Stock Repurchased During Period Value
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7435000 USD
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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25.47
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
31.81
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
20.15
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
22.46
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
27.42
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
16.10
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
35.78
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
55.92
CY2015Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
19400000 USD
CY2016Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
26600000 USD
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y6M
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y10M24D
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y9M18D
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y2M8D
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y9M18D
CY2015 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
896000 shares
CY2016 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
220000 shares
CY2016 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
1879458000 USD
CY2014 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
31727000 USD
CY2015 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
22550000 USD
CY2016 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
8480000 USD
CY2016Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
266900000 USD
CY2013Q4 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
3200000 shares
CY2015Q2 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
1955730 shares
CY2016Q2 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
545777 shares
CY2016 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
673212.000 shares
CY2014 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
455046000 USD
CY2015 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
369082000 USD
CY2016 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
135954000 USD
CY2014 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
14498000 USD
CY2016 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
12193000 USD
CY2015Q2 us-gaap Stockholders Equity
StockholdersEquity
757976000 USD
CY2016Q2 us-gaap Stockholders Equity
StockholdersEquity
2746476000 USD
CY2013Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1286607000 USD
CY2014Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1132799000 USD
CY2015Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
863553000 USD
CY2016Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2877404000 USD
CY2015Q4 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
2
CY2014Q3 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
6800000 USD
CY2015Q2 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
14300000 USD
CY2016Q2 us-gaap Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
1500000 USD
CY2015Q2 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
716000 USD
CY2016Q2 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
10442000 USD
CY2016Q2 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
931000000 USD
CY2013Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
53763000 USD
CY2014Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
67576000 USD
CY2015Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2559000 USD
CY2016Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
7803000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
60000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
32000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
123000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
277000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
504000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
1826000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
0 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
0 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
6151000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
8551000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
6311000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
287000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
296000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
512000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
753000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsIncreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsIncreasesResultingFromSettlementsWithTaxingAuthorities
65591000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsIncreasesResultingFromSettlementsWithTaxingAuthorities
65600000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsIncreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2016Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
7800000 USD
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
145376000 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
134922000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
133167000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
144238000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
134072000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
132284000 shares
CY2016 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;text-decoration:underline;">Use of estimates</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">&#8212; </font><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements, as well as the reported amounts of revenues and expenses during the reported period. Actual results could differ materially from those estimates. </font></div></div>

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