2018 Q2 Form 10-Q Financial Statement

#000095012318007055 Filed on July 27, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q2
Revenue $3.841B $3.686B
YoY Change 4.21% -4.98%
Cost Of Revenue $2.949B $2.785B
YoY Change 5.89% -1.0%
Gross Profit $892.0M $901.0M
YoY Change -1.0% -15.48%
Gross Profit Margin 23.22% 24.44%
Selling, General & Admin $588.0M $579.0M
YoY Change 1.55% -2.36%
% of Gross Profit 65.92% 64.26%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $193.0M $202.0M
YoY Change -4.46% 11.6%
% of Gross Profit 21.64% 22.42%
Operating Expenses $588.0M $579.0M
YoY Change 1.55% -2.36%
Operating Profit $304.0M $322.0M
YoY Change -5.59% -39.36%
Interest Expense $78.00M $89.00M
YoY Change -12.36% -14.42%
% of Operating Profit 25.66% 27.64%
Other Income/Expense, Net -$45.00M -$16.00M
YoY Change 181.25% -20.0%
Pretax Income $183.0M $190.0M
YoY Change -3.68% -36.88%
Income Tax $19.00M $36.00M
% Of Pretax Income 10.38% 18.95%
Net Earnings $157.0M $147.0M
YoY Change 6.8% -27.23%
Net Earnings / Revenue 4.09% 3.99%
Basic Earnings Per Share $0.66 $0.58
Diluted Earnings Per Share $0.65 $0.58
COMMON SHARES
Basic Shares Outstanding 239.0M shares 252.0M shares
Diluted Shares Outstanding 241.0M shares 256.0M shares

Balance Sheet

Concept 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $975.0M $903.0M
YoY Change 7.97% -20.65%
Cash & Equivalents $975.0M $903.0M
Short-Term Investments
Other Short-Term Assets $296.0M $240.0M
YoY Change 23.33% 29.73%
Inventory $2.941B $3.184B
Prepaid Expenses
Receivables $2.388B $2.309B
Other Receivables $0.00 $0.00
Total Short-Term Assets $6.569B $6.632B
YoY Change -0.95% 2.54%
LONG-TERM ASSETS
Property, Plant & Equipment $7.233B $7.245B
YoY Change -0.17% 4.09%
Goodwill $576.0M $571.0M
YoY Change 0.88% 1.96%
Intangibles $138.0M $137.0M
YoY Change 0.73% -0.72%
Long-Term Investments $0.00 $0.00
YoY Change
Other Assets $804.0M $700.0M
YoY Change 14.86% -0.85%
Total Long-Term Assets $10.79B $11.01B
YoY Change -2.07% 5.99%
TOTAL ASSETS
Total Short-Term Assets $6.569B $6.632B
Total Long-Term Assets $10.79B $11.01B
Total Assets $17.36B $17.65B
YoY Change -1.65% 4.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.880B $2.774B
YoY Change 3.82% 4.96%
Accrued Expenses $511.0M $567.0M
YoY Change -9.88% -6.28%
Deferred Revenue $57.00M
YoY Change
Short-Term Debt $335.0M $238.0M
YoY Change 40.76% 64.14%
Long-Term Debt Due $286.0M $435.0M
YoY Change -34.25% 25.72%
Total Short-Term Liabilities $4.833B $5.069B
YoY Change -4.66% 10.34%
LONG-TERM LIABILITIES
Long-Term Debt $5.726B $5.403B
YoY Change 5.98% -5.95%
Other Long-Term Liabilities $484.0M $535.0M
YoY Change -9.53% -15.08%
Total Long-Term Liabilities $484.0M $535.0M
YoY Change -9.53% -15.08%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.833B $5.069B
Total Long-Term Liabilities $484.0M $535.0M
Total Liabilities $12.51B $12.50B
YoY Change 0.08% 0.39%
SHAREHOLDERS EQUITY
Retained Earnings $6.208B $6.071B
YoY Change 2.26% 23.44%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares 41.45M shares 26.00M shares
Shareholders Equity $4.637B $4.909B
YoY Change
Total Liabilities & Shareholders Equity $17.36B $17.65B
YoY Change -1.65% 4.66%

Cashflow Statement

Concept 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income $157.0M $147.0M
YoY Change 6.8% -27.23%
Depreciation, Depletion And Amortization $193.0M $202.0M
YoY Change -4.46% 11.6%
Cash From Operating Activities $305.0M $101.0M
YoY Change 201.98% -67.83%
INVESTING ACTIVITIES
Capital Expenditures -$194.0M -$226.0M
YoY Change -14.16% 6.1%
Acquisitions
YoY Change
Other Investing Activities -$28.00M -$2.000M
YoY Change 1300.0% -66.67%
Cash From Investing Activities -$222.0M -$228.0M
YoY Change -2.63% 4.11%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 120.0M 28.00M
YoY Change 328.57% -168.29%
NET CHANGE
Cash From Operating Activities 305.0M 101.0M
Cash From Investing Activities -222.0M -228.0M
Cash From Financing Activities 120.0M 28.00M
Net Change In Cash 203.0M -99.00M
YoY Change -305.05% -283.33%
FREE CASH FLOW
Cash From Operating Activities $305.0M $101.0M
Capital Expenditures -$194.0M -$226.0M
Free Cash Flow $499.0M $327.0M
YoY Change 52.6% -37.95%

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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2017Q2 us-gaap Foreign Currency Cash Flow Hedge Gain Loss Reclassified To Earnings Net
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us-gaap Foreign Currency Cash Flow Hedge Gain Loss Reclassified To Earnings Net
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CY2018Q2 us-gaap Foreign Currency Cash Flow Hedge Gain Loss Reclassified To Earnings Net
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us-gaap Foreign Currency Cash Flow Hedge Gain Loss Reclassified To Earnings Net
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CY2017Q4 us-gaap Foreign Currency Contract Asset Fair Value Disclosure
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CY2017Q4 us-gaap Foreign Currency Contracts Liability Fair Value Disclosure
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CY2018Q2 us-gaap Foreign Currency Contracts Liability Fair Value Disclosure
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CY2017Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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us-gaap Foreign Currency Transaction Gain Loss Before Tax
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us-gaap Foreign Currency Transaction Gain Loss Before Tax
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us-gaap Gain Loss On Components Excluded From Assessment Of Foreign Currency Cash Flow Hedge Effectiveness
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1000000 USD
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us-gaap Gain Loss On Components Excluded From Assessment Of Foreign Currency Cash Flow Hedge Effectiveness
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1000000 USD
CY2017Q2 us-gaap Gain Loss On Disposition Of Assets
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us-gaap Gain Loss On Disposition Of Assets
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us-gaap Gain Loss On Disposition Of Assets1
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CY2018Q2 us-gaap Gain Loss On Disposition Of Assets1
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us-gaap Gain Loss On Disposition Of Assets1
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CY2017Q4 us-gaap Goodwill
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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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429000000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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183000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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296000000 USD
CY2017Q2 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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0 USD
CY2018Q2 us-gaap Income Loss From Equity Method Investments
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us-gaap Income Loss From Equity Method Investments
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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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CY2018Q2 us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
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52000000 USD
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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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190000000 USD
us-gaap Increase Decrease In Accounts Payable Trade
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253000000 USD
us-gaap Increase Decrease In Accounts Receivable
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470000000 USD
us-gaap Increase Decrease In Accounts Receivable
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475000000 USD
us-gaap Increase Decrease In Employee Related Liabilities
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us-gaap Increase Decrease In Inventories
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482000000 USD
us-gaap Increase Decrease In Inventories
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222000000 USD
us-gaap Increase Decrease In Other Current Liabilities
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27000000 USD
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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97000000 USD
us-gaap Increase Decrease In Other Operating Capital Net
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CY2017Q2 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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us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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us-gaap Insurance Recoveries
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us-gaap Interest Expense
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us-gaap Interest Income Other
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530000000 USD
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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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10000000 USD
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CY2018Q2 us-gaap Liabilities
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CY2018Q2 us-gaap Liabilities Fair Value Disclosure
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391000000 USD
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286000000 USD
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CY2018Q2 us-gaap Loss From Catastrophes
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us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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us-gaap Minority Interest Decrease From Redemptions
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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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CY2018Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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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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CY2018Q2 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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us-gaap Net Income Loss Available To Common Stockholders Diluted
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157000000 USD
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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16000000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of 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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0 USD
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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CY2018Q2 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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CY2017Q2 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 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 Payments For Repurchase Of Common Stock
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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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CY2018Q2 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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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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CY2018Q2 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 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 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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us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
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CY2017Q4 us-gaap Other Liabilities Current
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us-gaap Other Nonoperating Income 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
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us-gaap Payments For Repurchase Of Common Stock
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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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50000000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
67000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
497000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
442000000 USD
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
43000000 USD
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
30000000 USD
CY2017Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
1515000000 USD
CY2018Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
1369000000 USD
CY2017Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
224000000 USD
CY2018Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
265000000 USD
CY2018Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
231000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
3456000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
3544000000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
11000000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
3000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-38000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
6000000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2000000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2000000 USD
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
43000000 USD
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
38000000 USD
us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
290000000 USD
us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
1012000000 USD
CY2018Q2 us-gaap Professional Fees
ProfessionalFees
10000000 USD
us-gaap Professional Fees
ProfessionalFees
14000000 USD
CY2017Q2 us-gaap Profit Loss
ProfitLoss
154000000 USD
us-gaap Profit Loss
ProfitLoss
323000000 USD
CY2018Q2 us-gaap Profit Loss
ProfitLoss
164000000 USD
us-gaap Profit Loss
ProfitLoss
244000000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
7451000000 USD
CY2018Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
7233000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
2905000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
2933000000 USD
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
303000000 USD
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
920000000 USD
CY2017Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
66000000 USD
CY2018Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
75000000 USD
CY2017Q4 us-gaap Restructuring And Related Cost Cost Incurred To Date1
RestructuringAndRelatedCostCostIncurredToDate1
730000000 USD
CY2018Q2 us-gaap Restructuring And Related Cost Expected Cost Remaining1
RestructuringAndRelatedCostExpectedCostRemaining1
16000000 USD
us-gaap Restructuring And Related Cost Expected Number Of Positions Eliminated
RestructuringAndRelatedCostExpectedNumberOfPositionsEliminated
600 employee
CY2017Q2 us-gaap Restructuring Charges
RestructuringCharges
27000000 USD
us-gaap Restructuring Charges
RestructuringCharges
56000000 USD
CY2018Q2 us-gaap Restructuring Charges
RestructuringCharges
-2000000 USD
us-gaap Restructuring Charges
RestructuringCharges
35000000 USD
CY2017Q4 us-gaap Restructuring Reserve
RestructuringReserve
213000000 USD
CY2018Q2 us-gaap Restructuring Reserve
RestructuringReserve
116000000 USD
CY2017Q2 us-gaap Restructuring Reserve Accelerated Depreciation
RestructuringReserveAcceleratedDepreciation
21000000 USD
us-gaap Restructuring Reserve Accelerated Depreciation
RestructuringReserveAcceleratedDepreciation
29000000 USD
CY2018Q2 us-gaap Restructuring Reserve Accelerated Depreciation
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1000000 USD
us-gaap Restructuring Reserve Accelerated Depreciation
RestructuringReserveAcceleratedDepreciation
2000000 USD
CY2018Q2 us-gaap Restructuring Reserve Accrual Adjustment1
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-7000000 USD
us-gaap Restructuring Reserve Accrual Adjustment1
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-12000000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
6044000000 USD
CY2018Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
6208000000 USD
CY2018Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
6041000000 USD
CY2017Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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3686000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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7671000000 USD
CY2017Q2 us-gaap Royalty Income Nonoperating
RoyaltyIncomeNonoperating
11000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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7385000000 USD
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3841000000 USD
us-gaap Royalty Income Nonoperating
RoyaltyIncomeNonoperating
16000000 USD
CY2018Q2 us-gaap Royalty Income Nonoperating
RoyaltyIncomeNonoperating
5000000 USD
us-gaap Royalty Income Nonoperating
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10000000 USD
CY2017Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
579000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1155000000 USD
CY2018Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
588000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1179000000 USD
CY2017Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
262000000 USD
CY2018Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
335000000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
12000000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
8000000 USD
us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
11000000 USD
us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
3000000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
4603000000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
4637000000 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
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4850000000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4844000000 USD
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
38000000 shares
CY2018Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
41000000 shares
us-gaap Treasury Stock Value Acquired Cost Method
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30000000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
100000000 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
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-21000000 USD
CY2018Q2 us-gaap Unrealized Gain Loss On Foreign Currency Derivatives Net Before Tax
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14000000 USD
us-gaap Unrealized Gain Loss On Foreign Currency Derivatives Net Before Tax
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8000000 USD
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
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
241000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
242000000 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
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
239000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
240000000 shares
CY2017Q4 us-gaap Workers Compensation Liability Current And Noncurrent
WorkersCompensationLiabilityCurrentAndNoncurrent
243000000 USD
CY2018Q2 us-gaap Workers Compensation Liability Current And Noncurrent
WorkersCompensationLiabilityCurrentAndNoncurrent
237000000 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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