2017 Q2 Form 10-Q Financial Statement

#000095012317006405 Filed on July 28, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q2
Revenue $3.686B $3.879B
YoY Change -4.98% -7.02%
Cost Of Revenue $2.785B $2.813B
YoY Change -1.0% -7.07%
Gross Profit $901.0M $1.066B
YoY Change -15.48% -6.9%
Gross Profit Margin 24.44% 27.48%
Selling, General & Admin $579.0M $593.0M
YoY Change -2.36% -8.49%
% of Gross Profit 64.26% 55.63%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $202.0M $181.0M
YoY Change 11.6% 2.26%
% of Gross Profit 22.42% 16.98%
Operating Expenses $579.0M $593.0M
YoY Change -2.36% -8.49%
Operating Profit $322.0M $531.0M
YoY Change -39.36% -3.45%
Interest Expense $89.00M $104.0M
YoY Change -14.42% -5.45%
% of Operating Profit 27.64% 19.59%
Other Income/Expense, Net -$16.00M -$20.00M
YoY Change -20.0% 53.85%
Pretax Income $190.0M $301.0M
YoY Change -36.88% -8.23%
Income Tax $36.00M $93.00M
% Of Pretax Income 18.95% 30.9%
Net Earnings $147.0M $202.0M
YoY Change -27.23% 5.21%
Net Earnings / Revenue 3.99% 5.21%
Basic Earnings Per Share $0.58 $0.76
Diluted Earnings Per Share $0.58 $0.75
COMMON SHARES
Basic Shares Outstanding 252.0M shares 264.0M shares
Diluted Shares Outstanding 256.0M shares 268.0M shares

Balance Sheet

Concept 2017 Q2 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $903.0M $1.138B
YoY Change -20.65% -30.53%
Cash & Equivalents $903.0M $1.138B
Short-Term Investments
Other Short-Term Assets $240.0M $185.0M
YoY Change 29.73% -82.36%
Inventory $3.184B $2.686B
Prepaid Expenses
Receivables $2.309B $2.475B
Other Receivables $0.00 $0.00
Total Short-Term Assets $6.632B $6.468B
YoY Change 2.54% -15.95%
LONG-TERM ASSETS
Property, Plant & Equipment $7.245B $6.960B
YoY Change 4.09% 2.2%
Goodwill $571.0M $560.0M
YoY Change 1.96% -0.53%
Intangibles $137.0M $138.0M
YoY Change -0.72% 4.55%
Long-Term Investments $0.00 $0.00
YoY Change
Other Assets $700.0M $706.0M
YoY Change -0.85% -5.11%
Total Long-Term Assets $11.01B $10.39B
YoY Change 5.99% 5.81%
TOTAL ASSETS
Total Short-Term Assets $6.632B $6.468B
Total Long-Term Assets $11.01B $10.39B
Total Assets $17.65B $16.86B
YoY Change 4.66% -3.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.774B $2.643B
YoY Change 4.96% 1.58%
Accrued Expenses $567.0M $605.0M
YoY Change -6.28% -10.37%
Deferred Revenue
YoY Change
Short-Term Debt $238.0M $145.0M
YoY Change 64.14% 302.78%
Long-Term Debt Due $435.0M $346.0M
YoY Change 25.72% 7.79%
Total Short-Term Liabilities $5.069B $4.594B
YoY Change 10.34% -3.1%
LONG-TERM LIABILITIES
Long-Term Debt $5.403B $5.745B
YoY Change -5.95% -0.02%
Other Long-Term Liabilities $535.0M $630.0M
YoY Change -15.08% 0.64%
Total Long-Term Liabilities $535.0M $630.0M
YoY Change -15.08% 0.64%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.069B $4.594B
Total Long-Term Liabilities $535.0M $630.0M
Total Liabilities $12.50B $12.45B
YoY Change 0.39% -2.34%
SHAREHOLDERS EQUITY
Retained Earnings $6.071B $4.918B
YoY Change 23.44% 4.04%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares 26.00M shares 16.00M shares
Shareholders Equity $4.909B $4.182B
YoY Change
Total Liabilities & Shareholders Equity $17.65B $16.86B
YoY Change 4.66% -3.75%

Cashflow Statement

Concept 2017 Q2 2016 Q2
OPERATING ACTIVITIES
Net Income $147.0M $202.0M
YoY Change -27.23% 5.21%
Depreciation, Depletion And Amortization $202.0M $181.0M
YoY Change 11.6% 2.26%
Cash From Operating Activities $101.0M $314.0M
YoY Change -67.83% -41.42%
INVESTING ACTIVITIES
Capital Expenditures -$226.0M -$213.0M
YoY Change 6.1% -12.7%
Acquisitions
YoY Change
Other Investing Activities -$2.000M -$6.000M
YoY Change -66.67% -86.67%
Cash From Investing Activities -$228.0M -$219.0M
YoY Change 4.11% -24.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 28.00M -41.00M
YoY Change -168.29% -82.4%
NET CHANGE
Cash From Operating Activities 101.0M 314.0M
Cash From Investing Activities -228.0M -219.0M
Cash From Financing Activities 28.00M -41.00M
Net Change In Cash -99.00M 54.00M
YoY Change -283.33% 285.71%
FREE CASH FLOW
Cash From Operating Activities $101.0M $314.0M
Capital Expenditures -$226.0M -$213.0M
Free Cash Flow $327.0M $527.0M
YoY Change -37.95% -32.44%

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301000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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568000000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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190000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2016Q2 us-gaap Income Loss From Equity Method Investments
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0 USD
us-gaap Income Loss From Equity Method Investments
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CY2017Q2 us-gaap Income Loss From Equity Method Investments
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us-gaap Income Loss From Equity Method Investments
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CY2016Q2 us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
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CY2017Q2 us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Reconciliation Other Reconciling Items
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us-gaap Increase Decrease In Accounts Payable Trade
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us-gaap Increase Decrease In Accounts Payable Trade
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190000000 USD
us-gaap Increase Decrease In Accounts Receivable
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417000000 USD
us-gaap Increase Decrease In Accounts Receivable
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470000000 USD
us-gaap Increase Decrease In Employee Related Liabilities
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us-gaap Increase Decrease In Employee Related Liabilities
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us-gaap Increase Decrease In Inventories
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176000000 USD
us-gaap Increase Decrease In Inventories
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482000000 USD
us-gaap Increase Decrease In Other Current Liabilities
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us-gaap Increase Decrease In Other Current Liabilities
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us-gaap Increase Decrease In Other Operating Capital Net
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40000000 USD
us-gaap Increase Decrease In Other Operating Capital Net
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us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2016Q2 us-gaap Insurance Recoveries
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us-gaap Insurance Recoveries
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137000000 USD
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us-gaap Interest Expense
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us-gaap Interest Expense
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176000000 USD
CY2016Q2 us-gaap Interest Income Other
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us-gaap Interest Income Other
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us-gaap Interest Income Other
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CY2017Q2 us-gaap Inventory Raw Materials Net Of Reserves
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560000000 USD
CY2016Q4 us-gaap Inventory Work In Process Net Of Reserves
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CY2016Q4 us-gaap Investments Fair Value Disclosure
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10000000 USD
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CY2017Q2 us-gaap Liabilities
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18000000 USD
CY2017Q2 us-gaap Liabilities Fair Value Disclosure
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47000000 USD
CY2016Q4 us-gaap Long Term Debt
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CY2016Q4 us-gaap Long Term Debt And Capital Lease Obligations Repayments Of Principal In Next Twelve Months
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436000000 USD
CY2017Q2 us-gaap Long Term Debt And Capital Lease Obligations Repayments Of Principal In Next Twelve Months
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435000000 USD
CY2017Q2 us-gaap Long Term Debt Percentage Bearing Variable Interest Rate
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us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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9000000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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5000000 USD
us-gaap Minority Interest Period Increase Decrease
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us-gaap Minority Interest Period Increase Decrease
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
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us-gaap Net Income Loss Available To Common Stockholders Basic
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us-gaap Net Income Loss Available To Common Stockholders Basic
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313000000 USD
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us-gaap Net Income Loss Available To Common Stockholders Diluted
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us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
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CY2017Q2 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
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us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
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us-gaap Other Comprehensive Income Finalization Of Pension And Non Pension Postretirement Plan Valuation Tax
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CY2017Q2 us-gaap Other Comprehensive Income Finalization Of Pension And Non Pension Postretirement Plan Valuation Tax
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us-gaap Other Comprehensive Income Finalization Of Pension And Non Pension Postretirement Plan Valuation Tax
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us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
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us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
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us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Net Of Tax
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us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Net Of Tax
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us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
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CY2017Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
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CY2016Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
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CY2017Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
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us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
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0 USD
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us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
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us-gaap Other Nonoperating Income Expense
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us-gaap Other Nonoperating Income Expense
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CY2016Q2 us-gaap Other Postretirement Benefit Expense
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us-gaap Other Postretirement Benefit Expense
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us-gaap Payments For Proceeds From Other Investing Activities
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us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments For Repurchase Of Common Stock
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30000000 USD
us-gaap Payments For Restructuring
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us-gaap Payments For Restructuring
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us-gaap Payments Of Dividends Common Stock
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us-gaap Payments Of Dividends Common Stock
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50000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Payments To Acquire Property Plant And Equipment
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497000000 USD
us-gaap Payments To Acquire Short Term Investments
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us-gaap Payments To Acquire Short Term Investments
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CY2016Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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CY2017Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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CY2016Q4 us-gaap Prepaid Expense And Other Assets Current
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190000000 USD
CY2017Q2 us-gaap Prepaid Expense And Other Assets Current
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us-gaap Proceeds From Issuance Of Long Term Debt
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us-gaap Proceeds From Issuance Of Long Term Debt
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us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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us-gaap Proceeds From Payments For Other Financing Activities
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us-gaap Proceeds From Payments For Other Financing Activities
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us-gaap Proceeds From Sale Of Property Plant And Equipment
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us-gaap Proceeds From Sale Of Property Plant And Equipment
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us-gaap Proceeds From Sale Of Short Term Investments
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us-gaap Proceeds From Sale Of Short Term Investments
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us-gaap Proceeds From Short Term Debt
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us-gaap Proceeds From Short Term Debt
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290000000 USD
CY2016Q2 us-gaap Profit Loss
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us-gaap Profit Loss
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CY2017Q2 us-gaap Profit Loss
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us-gaap Profit Loss
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CY2016Q4 us-gaap Property Plant And Equipment Net
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CY2017Q2 us-gaap Property Plant And Equipment Net
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CY2016Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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CY2017Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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CY2016Q2 us-gaap Redemption Premium
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us-gaap Redemption Premium
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53000000 USD
CY2017Q2 us-gaap Redemption Premium
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25000000 USD
us-gaap Redemption Premium
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25000000 USD
us-gaap Repayments Of Long Term Debt
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us-gaap Repayments Of Long Term Debt
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us-gaap Repayments Of Short Term Debt
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36000000 USD
us-gaap Repayments Of Short Term Debt
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303000000 USD
CY2016Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
15000000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
57000000 USD
CY2017Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
66000000 USD
CY2016Q4 us-gaap Restructuring And Related Cost Cost Incurred To Date1
RestructuringAndRelatedCostCostIncurredToDate1
595000000 USD
us-gaap Restructuring Reserve Accelerated Depreciation
RestructuringReserveAcceleratedDepreciation
7000000 USD
CY2017Q2 us-gaap Restructuring And Related Cost Expected Cost Remaining1
RestructuringAndRelatedCostExpectedCostRemaining1
80000000 USD
us-gaap Restructuring And Related Cost Expected Number Of Positions Eliminated
RestructuringAndRelatedCostExpectedNumberOfPositionsEliminated
1100 employee
CY2016Q2 us-gaap Restructuring Charges
RestructuringCharges
48000000 USD
us-gaap Restructuring Charges
RestructuringCharges
59000000 USD
CY2017Q2 us-gaap Restructuring Charges
RestructuringCharges
27000000 USD
us-gaap Restructuring Charges
RestructuringCharges
56000000 USD
CY2016Q4 us-gaap Restructuring Reserve
RestructuringReserve
219000000 USD
CY2017Q2 us-gaap Restructuring Reserve
RestructuringReserve
235000000 USD
CY2016Q2 us-gaap Restructuring Reserve Accelerated Depreciation
RestructuringReserveAcceleratedDepreciation
5000000 USD
CY2017Q2 us-gaap Restructuring Reserve Accelerated Depreciation
RestructuringReserveAcceleratedDepreciation
21000000 USD
us-gaap Restructuring Reserve Accelerated Depreciation
RestructuringReserveAcceleratedDepreciation
29000000 USD
CY2017Q2 us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
-1000000 USD
us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
-2000000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
5808000000 USD
CY2017Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
6071000000 USD
CY2016Q2 us-gaap Royalty Income Nonoperating
RoyaltyIncomeNonoperating
10000000 USD
us-gaap Royalty Income Nonoperating
RoyaltyIncomeNonoperating
14000000 USD
CY2017Q2 us-gaap Royalty Income Nonoperating
RoyaltyIncomeNonoperating
11000000 USD
us-gaap Royalty Income Nonoperating
RoyaltyIncomeNonoperating
16000000 USD
CY2016Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
3879000000 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
7570000000 USD
CY2017Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
3686000000 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
7385000000 USD
CY2016Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
593000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1208000000 USD
CY2017Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
583000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1162000000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0113
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.3363
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0213
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P7Y2M12D
CY2016Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
245000000 USD
CY2017Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
238000000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
13000000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
12000000 USD
us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
3000000 USD
us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
11000000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
4507000000 USD
CY2017Q2 us-gaap Stockholders Equity
StockholdersEquity
4909000000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4142000000 USD
CY2016Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4408000000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4725000000 USD
CY2017Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5145000000 USD
CY2016Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
26000000 shares
CY2017Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
26000000 shares
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
150000000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
30000000 USD
CY2016Q2 us-gaap Unrealized Gain Loss On Foreign Currency Derivatives Net Before Tax
UnrealizedGainLossOnForeignCurrencyDerivativesNetBeforeTax
6000000 USD
us-gaap Unrealized Gain Loss On Foreign Currency Derivatives Net Before Tax
UnrealizedGainLossOnForeignCurrencyDerivativesNetBeforeTax
-1000000 USD
CY2017Q2 us-gaap Unrealized Gain Loss On Foreign Currency Derivatives Net Before Tax
UnrealizedGainLossOnForeignCurrencyDerivativesNetBeforeTax
-13000000 USD
us-gaap Unrealized Gain Loss On Foreign Currency Derivatives Net Before Tax
UnrealizedGainLossOnForeignCurrencyDerivativesNetBeforeTax
-21000000 USD
CY2017Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
63000000 USD
CY2017Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
4000000 USD
CY2017Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
47000000 USD
CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
268000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
269000000 shares
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
256000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
256000000 shares
CY2016Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
264000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
266000000 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
252000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
252000000 shares
CY2016Q4 us-gaap Workers Compensation Liability Current And Noncurrent
WorkersCompensationLiabilityCurrentAndNoncurrent
248000000 USD
CY2017Q2 us-gaap Workers Compensation Liability Current And Noncurrent
WorkersCompensationLiabilityCurrentAndNoncurrent
249000000 USD
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;text-decoration:underline;">Reclassifications and Adjustments</font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain items previously reported in specific financial statement captions have been reclassified to conform to the current presentation.</font></div></div>

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