2015 Q4 Form 10-K Financial Statement

#000158568916000161 Filed on February 26, 2016

View on sec.gov

Income Statement

Concept 2015 Q4 2015 2014 Q4
Revenue $1.811B $7.133B $2.828B
YoY Change -35.96% 6.65% 7.0%
Cost Of Revenue $937.0M $4.011B $1.038B
YoY Change -9.73% 8.67% 6.79%
Gross Profit -$2.220B $3.122B $1.790B
YoY Change -224.02% -54.16% 7.12%
Gross Profit Margin -122.58% 43.77% 63.3%
Selling, General & Admin -$1.598B $1.951B $1.177B
YoY Change -235.77% -56.74% -17.92%
% of Gross Profit 62.49% 65.75%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $173.0M $692.0M $158.0M
YoY Change 9.49% 10.19% 6.76%
% of Gross Profit 22.17% 8.83%
Operating Expenses -$1.683B $2.385B $1.335B
YoY Change -226.07% -53.58% -15.61%
Operating Profit $231.0M $900.0M $455.0M
YoY Change -49.23% 28.02% 411.24%
Interest Expense $1.000M $377.0M -$161.0M
YoY Change -100.62% -9.38% -24.06%
% of Operating Profit 0.43% 41.89% -35.38%
Other Income/Expense, Net $57.00M $49.00M -$1.000M
YoY Change -5800.0% -15.52% -150.0%
Pretax Income -$622.0M $533.0M $293.0M
YoY Change -312.29% 60.06% 171.3%
Income Tax -$903.0M -$348.0M $134.0M
% Of Pretax Income -65.29% 45.73%
Net Earnings $814.0M $1.404B $158.0M
YoY Change 415.19% 108.62% 507.69%
Net Earnings / Revenue 44.95% 19.68% 5.59%
Basic Earnings Per Share $2.47 $4.27
Diluted Earnings Per Share $2.47 $4.26 $480.7K
COMMON SHARES
Basic Shares Outstanding 987.5M shares 329.0M shares 984.6M shares
Diluted Shares Outstanding 330.0M shares

Balance Sheet

Concept 2015 Q4 2015 2014 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $609.0M $609.0M $566.0M
YoY Change 7.6% 7.6% -4.71%
Cash & Equivalents $513.0M $609.0M $566.0M
Short-Term Investments
Other Short-Term Assets $35.00M $432.0M $90.00M
YoY Change -61.11% 1.65% 210.34%
Inventory $442.0M $442.0M $404.0M
Prepaid Expenses $112.0M $133.0M
Receivables $664.0M $876.0M $844.0M
Other Receivables $226.0M $226.0M $260.0M
Total Short-Term Assets $2.585B $2.585B $2.499B
YoY Change 3.44% 3.44% 4.87%
LONG-TERM ASSETS
Property, Plant & Equipment $411.0M $9.119B $7.483B
YoY Change -94.51% 22.25% -17.39%
Goodwill $5.280B $5.360B
YoY Change -1.49% -13.83%
Intangibles $1.735B $1.980B
YoY Change -12.37%
Long-Term Investments $129.0M $138.0M $153.0M
YoY Change -15.69% -18.82% -37.55%
Other Assets $332.0M $352.0M $356.0M
YoY Change -6.74% -82.86% -11.66%
Total Long-Term Assets $23.04B $23.04B $23.63B
YoY Change -2.49% -2.49% -2.29%
TOTAL ASSETS
Total Short-Term Assets $2.585B $2.585B $2.499B
Total Long-Term Assets $23.04B $23.04B $23.63B
Total Assets $25.62B $25.62B $26.13B
YoY Change -1.93% -1.93% -1.65%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $268.0M $2.206B $299.0M
YoY Change -10.37% 637.79% -6.27%
Accrued Expenses $980.0M
YoY Change -10.83%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $204.0M $204.0M $137.0M
YoY Change 48.91% 48.91% 163.46%
Total Short-Term Liabilities $2.465B $2.443B $2.257B
YoY Change 9.22% 8.24% 5.37%
LONG-TERM LIABILITIES
Long-Term Debt $10.25B $10.25B $11.56B
YoY Change -11.3% -11.3% -8.81%
Other Long-Term Liabilities $1.265B $2.349B $1.168B
YoY Change 8.3% -1.43% 1.65%
Total Long-Term Liabilities $1.265B $12.60B $1.168B
YoY Change 8.3% -9.61% 1.65%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.465B $2.443B $2.257B
Total Long-Term Liabilities $1.265B $12.60B $1.168B
Total Liabilities $19.67B $19.64B $21.41B
YoY Change -8.13% -8.12% -3.93%
SHAREHOLDERS EQUITY
Retained Earnings -$3.392B -$4.658B
YoY Change -27.18% -12.62%
Common Stock $3.000M $10.00M
YoY Change -70.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.985B $5.985B $4.752B
YoY Change
Total Liabilities & Shareholders Equity $25.62B $25.62B $26.13B
YoY Change -1.93% -1.93% -1.65%

Cashflow Statement

Concept 2015 Q4 2015 2014 Q4
OPERATING ACTIVITIES
Net Income $814.0M $1.404B $158.0M
YoY Change 415.19% 108.62% 507.69%
Depreciation, Depletion And Amortization $173.0M $692.0M $158.0M
YoY Change 9.49% 10.19% 6.76%
Cash From Operating Activities $455.0M $1.446B $467.0M
YoY Change -2.57% 10.64% -56.64%
INVESTING ACTIVITIES
Capital Expenditures -$130.0M $310.0M -$119.0M
YoY Change 9.24% 15.67% -19.05%
Acquisitions $1.402B
YoY Change
Other Investing Activities $29.00M -$20.00M $9.000M
YoY Change 222.22% -58.33% -47.06%
Cash From Investing Activities -$101.0M $414.0M -$110.0M
YoY Change -8.18% -233.55% -15.38%
FINANCING ACTIVITIES
Cash Dividend Paid $138.0M
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -326.0M -$1.753B -327.0M
YoY Change -0.31% 63.07% -69.55%
NET CHANGE
Cash From Operating Activities 455.0M $1.446B 467.0M
Cash From Investing Activities -101.0M $414.0M -110.0M
Cash From Financing Activities -326.0M -$1.753B -327.0M
Net Change In Cash 28.00M $88.00M 30.00M
YoY Change -6.67% -212.82% -123.62%
FREE CASH FLOW
Cash From Operating Activities $455.0M $1.446B $467.0M
Capital Expenditures -$130.0M $310.0M -$119.0M
Free Cash Flow $585.0M $1.136B $586.0M
YoY Change -0.17% 9.34% -52.12%

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CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
446000000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
323000000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
195000000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1980000000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1735000000 USD
CY2013 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-45000000 USD
CY2014 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
26000000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
233000000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
255000000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
283000000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
3807000000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
3853000000 USD
CY2015 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-41000000 USD
CY2013 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
CY2014 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
CY2015 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
306000000 USD
CY2013 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
229000000 USD
CY2014 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2015 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2013 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
748000000 USD
CY2014 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
491000000 USD
CY2015 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
611000000 USD
CY2013Q4 us-gaap Goodwill
Goodwill
6220000000 USD
CY2014Q4 us-gaap Goodwill
Goodwill
6154000000 USD
CY2015Q4 us-gaap Goodwill
Goodwill
5887000000 USD
CY2013Q4 us-gaap Goodwill Gross
GoodwillGross
9747000000 USD
CY2014Q4 us-gaap Goodwill Gross
GoodwillGross
9681000000 USD
CY2015Q4 us-gaap Goodwill Gross
GoodwillGross
8662000000 USD
CY2013Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
3527000000 USD
CY2014Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
3527000000 USD
CY2015Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
2775000000 USD
CY2014 us-gaap Goodwill Translation Adjustments
GoodwillTranslationAdjustments
-66000000 USD
CY2015 us-gaap Goodwill Translation Adjustments
GoodwillTranslationAdjustments
-46000000 USD
CY2015 us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
221000000 USD
CY2014Q4 us-gaap Guaranty Liabilities
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37000000 USD
CY2015Q4 us-gaap Guaranty Liabilities
GuarantyLiabilities
25000000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
502000000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
937000000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
1178000000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
698000000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1147000000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1496000000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
196000000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
210000000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
318000000 USD
CY2013 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
16000000 USD
CY2014 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
19000000 USD
CY2015 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
23000000 USD
CY2013 us-gaap Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
0 USD
CY2014 us-gaap Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
0 USD
CY2015 us-gaap Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
0 USD
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
238000000 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
465000000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
80000000 USD
CY2013 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-121000000 USD
CY2014 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
14000000 USD
CY2015 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
15000000 USD
CY2013 us-gaap Income Tax Reconciliation Disposition Of Assets
IncomeTaxReconciliationDispositionOfAssets
0 USD
CY2014 us-gaap Income Tax Reconciliation Disposition Of Assets
IncomeTaxReconciliationDispositionOfAssets
0 USD
CY2015 us-gaap Income Tax Reconciliation Disposition Of Assets
IncomeTaxReconciliationDispositionOfAssets
-640000000 USD
CY2013 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
74000000 USD
CY2014 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
56000000 USD
CY2015 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
119000000 USD
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
244000000 USD
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
402000000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
524000000 USD
CY2013 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
0 USD
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
0 USD
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
77000000 USD
CY2013 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
94000000 USD
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
11000000 USD
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
23000000 USD
CY2013 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-10000000 USD
CY2014 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-6000000 USD
CY2015 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
1000000 USD
CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
31000000 USD
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
35000000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
53000000 USD
CY2013 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
55000000 USD
CY2014 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
55000000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
118000000 USD
CY2013 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
24000000 USD
CY2014 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
7000000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
0 USD
CY2013 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
233000000 USD
CY2014 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
429000000 USD
CY2015 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
475000000 USD
CY2014Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
132000000 USD
CY2015Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
97000000 USD
CY2013 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
132000000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
8000000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
59000000 USD
CY2013 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
16000000 USD
CY2014 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
143000000 USD
CY2015 us-gaap Increase Decrease In Accounts Receivable
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47000000 USD
CY2013 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-8000000 USD
CY2014 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
10000000 USD
CY2015 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
13000000 USD
CY2013 us-gaap Increase Decrease In Customer Loyalty Program Liability
IncreaseDecreaseInCustomerLoyaltyProgramLiability
139000000 USD
CY2014 us-gaap Increase Decrease In Customer Loyalty Program Liability
IncreaseDecreaseInCustomerLoyaltyProgramLiability
206000000 USD
CY2015 us-gaap Increase Decrease In Customer Loyalty Program Liability
IncreaseDecreaseInCustomerLoyaltyProgramLiability
64000000 USD
CY2013 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
592000000 USD
CY2014 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-179000000 USD
CY2015 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-212000000 USD
CY2013 us-gaap Increase Decrease In Finance Receivables
IncreaseDecreaseInFinanceReceivables
15000000 USD
CY2014 us-gaap Increase Decrease In Finance Receivables
IncreaseDecreaseInFinanceReceivables
27000000 USD
CY2015 us-gaap Increase Decrease In Finance Receivables
IncreaseDecreaseInFinanceReceivables
49000000 USD
CY2013 us-gaap Increase Decrease In Income Taxes Receivable
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57000000 USD
CY2014 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
57000000 USD
CY2015 us-gaap Increase Decrease In Income Taxes Receivable
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CY2013 us-gaap Increase Decrease In Inventories
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-19000000 USD
CY2014 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-56000000 USD
CY2015 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
39000000 USD
CY2013 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
8000000 USD
CY2014 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
10000000 USD
CY2015 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
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CY2013 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
14000000 USD
CY2014 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
12000000 USD
CY2015 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
154000000 USD
CY2013 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-4000000 USD
CY2014 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
8000000 USD
CY2015 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
27000000 USD
CY2013 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
0 USD
CY2014 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
0 USD
CY2015 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
14000000 USD
CY2013 us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
-91000000 USD
CY2014 us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
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CY2015 us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
13000000 USD
CY2014Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
4963000000 USD
CY2015Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
4919000000 USD
CY2015Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1735000000 USD
CY2013 us-gaap Interest Expense
InterestExpense
620000000 USD
CY2014 us-gaap Interest Expense
InterestExpense
618000000 USD
CY2015 us-gaap Interest Expense
InterestExpense
575000000 USD
CY2013 us-gaap Interest Paid
InterestPaid
535000000 USD
CY2014 us-gaap Interest Paid
InterestPaid
514000000 USD
CY2015 us-gaap Interest Paid
InterestPaid
485000000 USD
CY2014Q4 us-gaap Inventory Net
InventoryNet
404000000 USD
CY2015Q4 us-gaap Inventory Net
InventoryNet
442000000 USD
CY2013 us-gaap Investment Income Interest
InvestmentIncomeInterest
9000000 USD
CY2014 us-gaap Investment Income Interest
InvestmentIncomeInterest
10000000 USD
CY2015 us-gaap Investment Income Interest
InvestmentIncomeInterest
19000000 USD
CY2014Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
170000000 USD
CY2015Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
138000000 USD
CY2014Q4 us-gaap Land
Land
3009000000 USD
CY2015Q4 us-gaap Land
Land
3486000000 USD
CY2014Q4 us-gaap Liabilities
Liabilities
21411000000 USD
CY2015Q4 us-gaap Liabilities
Liabilities
19765000000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
26125000000 USD
CY2015Q4 us-gaap Liabilities Current
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2467000000 USD
CY2014Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
36000000 USD
CY2015Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
0 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
25716000000 USD
CY2014Q4 us-gaap Liabilities Current
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2257000000 USD
CY2014Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
10803000000 USD
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
9710000000 USD
CY2014Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
10000000 USD
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
111000000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
1796000000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
227000000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
4282000000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
481000000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
3493000000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
285000000 USD
CY2014Q4 us-gaap Minority Interest
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CY2015Q4 us-gaap Minority Interest
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CY2013 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
4000000 USD
CY2014 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
5000000 USD
CY2015 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
8000000 USD
CY2014 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
0 USD
CY2013 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2014 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1070000000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2013 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-382000000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-310000000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
392000000 USD
CY2013 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2101000000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1366000000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1394000000 USD
CY2013 us-gaap Net Income Loss
NetIncomeLoss
415000000 USD
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
123000000 USD
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
209000000 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
183000000 USD
CY2014Q4 us-gaap Net Income Loss
NetIncomeLoss
158000000 USD
CY2014 us-gaap Net Income Loss
NetIncomeLoss
673000000 USD
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
150000000 USD
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
161000000 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
279000000 USD
CY2015Q4 us-gaap Net Income Loss
NetIncomeLoss
814000000 USD
CY2015 us-gaap Net Income Loss
NetIncomeLoss
1404000000 USD
CY2013 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
45000000 USD
CY2014 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
9000000 USD
CY2015 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
12000000 USD
CY2015 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
450000000 USD
CY2014Q4 us-gaap Notes And Loans Receivable Net Current
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66000000 USD
CY2015Q4 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
74000000 USD
CY2014Q4 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
416000000 USD
CY2015Q4 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
592000000 USD
CY2014Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
1024000000 USD
CY2015Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
1082000000 USD
CY2015Q4 us-gaap Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
100 Country
CY2015 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3
CY2013 us-gaap Operating Income Loss
OperatingIncomeLoss
1102000000 USD
CY2014Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
338000000 USD
CY2014Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
435000000 USD
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
445000000 USD
CY2014Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
455000000 USD
CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
1673000000 USD
CY2015Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
490000000 USD
CY2015Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
427000000 USD
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
663000000 USD
CY2015Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
491000000 USD
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
2071000000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
2500000000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
247000000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
179000000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
195000000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
208000000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
229000000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
1442000000 USD
CY2013 us-gaap Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
148000000 USD
CY2014 us-gaap Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
146000000 USD
CY2015 us-gaap Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
126000000 USD
CY2013 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
271000000 USD
CY2014 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
293000000 USD
CY2015 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
290000000 USD
CY2013 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
419000000 USD
CY2014 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
439000000 USD
CY2015 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
416000000 USD
CY2014Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
505000000 USD
CY2015Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
539000000 USD
CY2014Q4 us-gaap Other Assets Current
OtherAssetsCurrent
90000000 USD
CY2015Q4 us-gaap Other Assets Current
OtherAssetsCurrent
38000000 USD
CY2014Q4 us-gaap Other Assets Noncurrent
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CY2013 us-gaap Stock Granted During Period Value Sharebased Compensation
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10000000 USD
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377000000 USD
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923000000 shares
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986000000 shares
CY2015 us-gaap Revenue Recognition Loyalty Programs
RevenueRecognitionLoyaltyPrograms
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;padding-left:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Hilton HHonors</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Hilton HHonors is a guest loyalty program provided to hotels and timeshare properties. Most of our owned, leased, managed and franchised hotels and timeshare properties participate in the Hilton HHonors program. Hilton HHonors members earn points based on their spending at our participating hotels and timeshare properties and through participation in affiliated partner programs. When points are earned by Hilton HHonors members, the property or affiliated partner pays Hilton HHonors based on an estimated cost per point for the costs of operating the program, which include marketing, promotion, communication, administration and the estimated cost of award redemptions. Hilton HHonors member points are accumulated and may be redeemed for certificates that entitle the holder to the right to stay at participating properties, as well as other opportunities with third parties, including, but not limited to, airlines, car rentals, cruises, vacation packages, shopping and dining. We provide Hilton HHonors as a marketing program to participating hotels and timeshare properties, with the objective of operating the program on a break-even basis to us.</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Hilton HHonors defers revenue received from participating hotels and program partners in an amount equal to the estimated cost per point of the future redemption obligation. We engage outside actuaries to assist in determining the fair value of the future award redemption obligation using statistical formulas that project future point redemptions based on factors that include historical experience, an estimate of "breakage" (points that will never be redeemed), an estimate of the points that will eventually be redeemed and the cost of reimbursing hotels and other third parties in respect to other redemption opportunities available to members. Revenue is recognized by participating hotels and resorts only when points that have been redeemed for hotel stay certificates are used by members or their designees at the respective properties. Additionally, when members of the Hilton HHonors loyalty program redeem award certificates at our owned and leased hotels, we recognize room revenue, included in owned and leased hotels revenues in our consolidated statements of operations.</font></div></div>
CY2015 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;padding-left:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with United States of America ("U.S.") generally accepted accounting principles ("GAAP") requires management to make estimates and assumptions that affect the amounts reported and, accordingly, ultimate results could differ from those estimates.</font></div></div>

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