2016 Q2 Form 10-Q Financial Statement
#000139898716000291 Filed on August 04, 2016
Income Statement
Concept | 2016 Q2 | 2015 Q2 |
---|---|---|
Revenue | $1.662B | $1.651B |
YoY Change | 0.67% | 9.19% |
Cost Of Revenue | $1.255B | $1.243B |
YoY Change | 0.97% | 8.65% |
Gross Profit | $407.0M | $408.0M |
YoY Change | -0.25% | 10.87% |
Gross Profit Margin | 24.49% | 24.71% |
Selling, General & Admin | $135.0M | $151.0M |
YoY Change | -10.6% | 29.06% |
% of Gross Profit | 33.17% | 37.01% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $48.00M | $52.00M |
YoY Change | -7.69% | 13.04% |
% of Gross Profit | 11.79% | 12.75% |
Operating Expenses | $135.0M | $151.0M |
YoY Change | -10.6% | 29.06% |
Operating Profit | $272.0M | $257.0M |
YoY Change | 5.84% | 2.39% |
Interest Expense | $59.00M | $50.00M |
YoY Change | 18.0% | -31.51% |
% of Operating Profit | 21.69% | 19.46% |
Other Income/Expense, Net | $0.00 | $1.000M |
YoY Change | -100.0% | 0.0% |
Pretax Income | $153.0M | $157.0M |
YoY Change | -2.55% | 35.34% |
Income Tax | $64.00M | $66.00M |
% Of Pretax Income | 41.83% | 42.04% |
Net Earnings | $92.00M | $97.00M |
YoY Change | -5.15% | 42.65% |
Net Earnings / Revenue | 5.54% | 5.88% |
Basic Earnings Per Share | $0.63 | $0.66 |
Diluted Earnings Per Share | $0.63 | $0.66 |
COMMON SHARES | ||
Basic Shares Outstanding | 145.5M shares | 146.5M shares |
Diluted Shares Outstanding | 146.7M shares | 148.0M shares |
Balance Sheet
Concept | 2016 Q2 | 2015 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $423.0M | $359.0M |
YoY Change | 17.83% | 71.77% |
Cash & Equivalents | $423.0M | $359.0M |
Short-Term Investments | ||
Other Short-Term Assets | $129.0M | $136.0M |
YoY Change | -5.15% | 23.64% |
Inventory | ||
Prepaid Expenses | ||
Receivables | $175.0M | $163.0M |
Other Receivables | $356.0M | $434.0M |
Total Short-Term Assets | $1.083B | $1.302B |
YoY Change | -16.82% | 26.04% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $250.0M | $236.0M |
YoY Change | 5.93% | 16.26% |
Goodwill | $3.631B | $3.554B |
YoY Change | 2.17% | 5.77% |
Intangibles | $745.0M | $736.0M |
YoY Change | 1.22% | 0.0% |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $229.0M | $231.0M |
YoY Change | -0.87% | 0.43% |
Total Long-Term Assets | $6.547B | $6.544B |
YoY Change | 0.05% | 2.09% |
TOTAL ASSETS | ||
Total Short-Term Assets | $1.083B | $1.302B |
Total Long-Term Assets | $6.547B | $6.544B |
Total Assets | $7.630B | $7.846B |
YoY Change | -2.75% | 5.41% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $152.0M | $154.0M |
YoY Change | -1.3% | -1.91% |
Accrued Expenses | $403.0M | $422.0M |
YoY Change | -4.5% | 6.3% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $280.0M | $389.0M |
YoY Change | -28.02% | 54.37% |
Long-Term Debt Due | $41.00M | $519.0M |
YoY Change | -92.1% | 2631.58% |
Total Short-Term Liabilities | $907.0M | $1.530B |
YoY Change | -40.72% | 72.1% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $3.691B | $3.383B |
YoY Change | 9.1% | -13.96% |
Other Long-Term Liabilities | $309.0M | $247.0M |
YoY Change | 25.1% | 21.08% |
Total Long-Term Liabilities | $4.000B | $3.630B |
YoY Change | 10.19% | -12.23% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $907.0M | $1.530B |
Total Long-Term Liabilities | $4.000B | $3.630B |
Total Liabilities | $5.206B | $5.573B |
YoY Change | -6.59% | 3.47% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$3.230B | -$3.399B |
YoY Change | -4.97% | -5.19% |
Common Stock | $1.000M | $1.000M |
YoY Change | 0.0% | 0.0% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $2.420B | $2.269B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $7.630B | $7.846B |
YoY Change | -2.75% | 5.41% |
Cashflow Statement
Concept | 2016 Q2 | 2015 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $92.00M | $97.00M |
YoY Change | -5.15% | 42.65% |
Depreciation, Depletion And Amortization | $48.00M | $52.00M |
YoY Change | -7.69% | 13.04% |
Cash From Operating Activities | $162.0M | $157.0M |
YoY Change | 3.18% | -0.63% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $18.00M | $22.00M |
YoY Change | -18.18% | 22.22% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$6.000M | -$83.00M |
YoY Change | -92.77% | 730.0% |
Cash From Investing Activities | -$24.00M | -$105.0M |
YoY Change | -77.14% | 275.0% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 3.000M | 123.0M |
YoY Change | -97.56% | -407.5% |
NET CHANGE | ||
Cash From Operating Activities | 162.0M | 157.0M |
Cash From Investing Activities | -24.00M | -105.0M |
Cash From Financing Activities | 3.000M | 123.0M |
Net Change In Cash | 141.0M | 175.0M |
YoY Change | -19.43% | 94.44% |
FREE CASH FLOW | ||
Cash From Operating Activities | $162.0M | $157.0M |
Capital Expenditures | $18.00M | $22.00M |
Free Cash Flow | $144.0M | $135.0M |
YoY Change | 6.67% | -3.57% |
Facts In Submission
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2016-06-30 | ||
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EarningsPerShareDiluted
|
0.44 | ||
CY2016Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.63 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.34 | ||
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-1000000 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-1000000 | USD | |
CY2015Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
140000000 | USD |
CY2016Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
100000000 | USD |
CY2016Q2 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
62000000 | USD |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
|
-1000000 | USD | |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
|
1000000 | USD | |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
|
-10000000 | USD | |
CY2015Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
59000000 | USD |
CY2016Q2 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
49000000 | USD |
CY2015Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
304000000 | USD |
CY2016Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
321000000 | USD |
CY2016Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
1257000000 | USD |
CY2016Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
96000000 | USD |
CY2016Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
50000000 | USD |
CY2016Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
91000000 | USD |
CY2016Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
93000000 | USD |
CY2016Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
94000000 | USD |
CY2015Q2 | us-gaap |
Franchise Revenue
FranchiseRevenue
|
99000000 | USD |
us-gaap |
Franchise Revenue
FranchiseRevenue
|
166000000 | USD | |
CY2016Q2 | us-gaap |
Franchise Revenue
FranchiseRevenue
|
104000000 | USD |
us-gaap |
Franchise Revenue
FranchiseRevenue
|
173000000 | USD | |
CY2015Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
92000000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
170000000 | USD | |
CY2016Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
70000000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
156000000 | USD | |
CY2015Q4 | us-gaap |
Goodwill
Goodwill
|
3618000000 | USD |
CY2016Q2 | us-gaap |
Goodwill
Goodwill
|
3631000000 | USD |
us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
13000000 | USD | |
CY2015Q4 | us-gaap |
Goodwill Gross
GoodwillGross
|
5404000000 | USD |
CY2015Q4 | us-gaap |
Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
|
1786000000 | USD |
CY2015Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
157000000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
99000000 | USD | |
CY2015Q2 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
7000000 | USD |
us-gaap |
Proceeds From Dividends Received
ProceedsFromDividendsReceived
|
6000000 | USD | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
9000000 | USD | |
CY2016Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
153000000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
87000000 | USD | |
us-gaap |
Proceeds From Dividends Received
ProceedsFromDividendsReceived
|
1000000 | USD | |
CY2016Q2 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
5000000 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
5000000 | USD | |
CY2015Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
66000000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
42000000 | USD | |
CY2016Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
64000000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
40000000 | USD | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
5000000 | USD | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
7000000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
36000000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-18000000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
47000000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
33000000 | USD | |
us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
-5000000 | USD | |
us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
1000000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
9000000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
14000000 | USD | |
us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-1000000 | USD | |
us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
6000000 | USD | |
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
8000000 | USD | |
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-1000000 | USD | |
CY2015Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1500000 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1500000 | shares | |
CY2016Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1200000 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1200000 | shares | |
CY2015Q4 | us-gaap |
Indefinite Lived Trademarks
IndefiniteLivedTrademarks
|
745000000 | USD |
CY2016Q2 | us-gaap |
Indefinite Lived Trademarks
IndefiniteLivedTrademarks
|
745000000 | USD |
CY2015Q2 | us-gaap |
Interest Expense
InterestExpense
|
50000000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
118000000 | USD | |
CY2016Q2 | us-gaap |
Interest Expense
InterestExpense
|
59000000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
132000000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
108000000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
86000000 | USD | |
CY2015Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
13000000 | USD |
CY2016Q2 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
18000000 | USD |
CY2015Q4 | us-gaap |
Liabilities
Liabilities
|
5109000000 | USD |
CY2016Q2 | us-gaap |
Liabilities
Liabilities
|
5206000000 | USD |
CY2015Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
7531000000 | USD |
CY2016Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
7630000000 | USD |
CY2015Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1605000000 | USD |
CY2016Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
907000000 | USD |
CY2016Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
4012000000 | USD |
CY2015Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
740000000 | USD |
CY2016Q2 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
41000000 | USD |
CY2016Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
2105000000 | USD |
CY2016Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
513000000 | USD |
us-gaap |
Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
|
0 | USD | |
us-gaap |
Marketing Expense
MarketingExpense
|
115000000 | USD | |
CY2016Q2 | us-gaap |
Marketing Expense
MarketingExpense
|
65000000 | USD |
CY2016Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
52000000 | USD |
CY2016Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
41000000 | USD |
CY2016Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
21000000 | USD |
CY2015Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
2962000000 | USD |
CY2016Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
3691000000 | USD |
us-gaap |
Marketable Securities Unrealized Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesUnrealizedGainLossExcludingOtherThanTemporaryImpairments
|
-10000000 | USD | |
us-gaap |
Marketable Securities Unrealized Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesUnrealizedGainLossExcludingOtherThanTemporaryImpairments
|
-45000000 | USD | |
CY2015Q2 | us-gaap |
Marketing Expense
MarketingExpense
|
59000000 | USD |
us-gaap |
Marketing Expense
MarketingExpense
|
123000000 | USD | |
CY2015Q4 | us-gaap |
Minority Interest
MinorityInterest
|
4000000 | USD |
CY2016Q2 | us-gaap |
Minority Interest
MinorityInterest
|
4000000 | USD |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
95000000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-31000000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-121000000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-58000000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
73000000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
98000000 | USD | |
CY2015Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
97000000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
65000000 | USD | |
CY2016Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
92000000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
50000000 | USD | |
CY2015Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
1000000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
1000000 | USD | |
CY2016Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
2000000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
2000000 | USD | |
CY2015Q4 | us-gaap |
Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
|
308000000 | USD |
CY2016Q2 | us-gaap |
Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
|
611000000 | USD |
CY2015Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
123000000 | USD |
CY2016Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
116000000 | USD |
CY2015Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
126000000 | USD |
CY2016Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
129000000 | USD |
CY2015Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
209000000 | USD |
CY2016Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
229000000 | USD |
CY2015Q2 | us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
2000000 | USD |
us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
0 | USD | |
CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
-2000000 | USD |
us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
-2000000 | USD | |
CY2015Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
2000000 | USD |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
0 | USD | |
CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
-3000000 | USD |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
-3000000 | USD | |
CY2015Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
2000000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
0 | USD | |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
|
-1000000 | USD | |
CY2015Q2 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
0 | USD |
CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-2000000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-2000000 | USD | |
CY2015Q2 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
|
0 | USD |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
|
0 | USD | |
CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
|
-1000000 | USD |
CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
0 | USD |
us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
0 | USD | |
CY2015Q2 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
366000000 | USD |
us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
708000000 | USD | |
CY2016Q2 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
391000000 | USD |
us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
758000000 | USD | |
CY2015Q4 | us-gaap |
Other Intangible Assets Net
OtherIntangibleAssetsNet
|
316000000 | USD |
CY2016Q2 | us-gaap |
Other Intangible Assets Net
OtherIntangibleAssetsNet
|
298000000 | USD |
CY2015Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
275000000 | USD |
CY2016Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
309000000 | USD |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
1000000 | USD | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
3000000 | USD | |
CY2015Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
1000000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
1000000 | USD | |
CY2016Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
0 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
0 | USD | |
CY2015Q2 | us-gaap |
Other Real Estate Revenue
OtherRealEstateRevenue
|
46000000 | USD |
us-gaap |
Other Real Estate Revenue
OtherRealEstateRevenue
|
89000000 | USD | |
CY2016Q2 | us-gaap |
Other Real Estate Revenue
OtherRealEstateRevenue
|
55000000 | USD |
us-gaap |
Other Real Estate Revenue
OtherRealEstateRevenue
|
104000000 | USD | |
CY2015Q4 | us-gaap |
Other Secured Financings
OtherSecuredFinancings
|
247000000 | USD |
CY2016Q2 | us-gaap |
Other Secured Financings
OtherSecuredFinancings
|
280000000 | USD |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-3000000 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
4000000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
67000000 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
1000000 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
7000000 | USD | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
3000000 | USD | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
5000000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
75000000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
15000000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
41000000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
40000000 | USD | |
us-gaap |
Payments To Acquire Retained Interest In Securitized Receivables
PaymentsToAcquireRetainedInterestInSecuritizedReceivables
|
3000000 | USD | |
us-gaap |
Payments To Acquire Retained Interest In Securitized Receivables
PaymentsToAcquireRetainedInterestInSecuritizedReceivables
|
3000000 | USD | |
CY2015Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2016Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2015Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | shares |
us-gaap |
Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
|
750000000 | USD | |
CY2016Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | shares |
CY2015Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2016Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2015Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2016Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-11000000 | USD | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-12000000 | USD | |
us-gaap |
Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
|
120000000 | USD | |
us-gaap |
Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
|
34000000 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
2000000 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
1000000 | USD | |
CY2015Q2 | us-gaap |
Profit Loss
ProfitLoss
|
98000000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
66000000 | USD | |
CY2016Q2 | us-gaap |
Profit Loss
ProfitLoss
|
94000000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
52000000 | USD | |
CY2015Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
254000000 | USD |
CY2016Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
250000000 | USD |
us-gaap |
Repayments Of Senior Debt
RepaymentsOfSeniorDebt
|
10000000 | USD | |
us-gaap |
Repayments Of Senior Debt
RepaymentsOfSeniorDebt
|
20000000 | USD | |
us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
0 | USD | |
us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
200000000 | USD | |
us-gaap |
Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
|
0 | USD | |
us-gaap |
Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
|
500000000 | USD | |
CY2015Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
8000000 | USD |
CY2016Q2 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
7000000 | USD |
CY2015Q2 | us-gaap |
Restructuring Charges
RestructuringCharges
|
0 | USD |
us-gaap |
Restructuring Charges
RestructuringCharges
|
0 | USD | |
CY2016Q2 | us-gaap |
Restructuring Charges
RestructuringCharges
|
12000000 | USD |
us-gaap |
Restructuring Charges
RestructuringCharges
|
21000000 | USD | |
CY2015Q4 | us-gaap |
Restructuring Reserve Current
RestructuringReserveCurrent
|
9000000 | USD |
CY2016Q2 | us-gaap |
Restructuring Reserve Current
RestructuringReserveCurrent
|
11000000 | USD |
CY2015Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-3280000000 | USD |
CY2016Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-3230000000 | USD |
CY2015Q2 | us-gaap |
Revenue From Franchisor Owned Outlets
RevenueFromFranchisorOwnedOutlets
|
1278000000 | USD |
us-gaap |
Revenue From Franchisor Owned Outlets
RevenueFromFranchisorOwnedOutlets
|
2059000000 | USD | |
CY2016Q2 | us-gaap |
Revenue From Franchisor Owned Outlets
RevenueFromFranchisorOwnedOutlets
|
1251000000 | USD |
us-gaap |
Revenue From Franchisor Owned Outlets
RevenueFromFranchisorOwnedOutlets
|
2077000000 | USD | |
CY2015Q2 | us-gaap |
Revenues
Revenues
|
1651000000 | USD |
us-gaap |
Revenues
Revenues
|
2713000000 | USD | |
CY2016Q2 | us-gaap |
Revenues
Revenues
|
1662000000 | USD |
us-gaap |
Revenues
Revenues
|
2796000000 | USD | |
CY2015Q2 | us-gaap |
Sales Commissions And Fees
SalesCommissionsAndFees
|
877000000 | USD |
us-gaap |
Sales Commissions And Fees
SalesCommissionsAndFees
|
1407000000 | USD | |
CY2016Q2 | us-gaap |
Sales Commissions And Fees
SalesCommissionsAndFees
|
864000000 | USD |
us-gaap |
Sales Commissions And Fees
SalesCommissionsAndFees
|
1422000000 | USD | |
CY2015Q2 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
228000000 | USD |
us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
399000000 | USD | |
CY2016Q2 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
252000000 | USD |
us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
442000000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
26000000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
25000000 | USD | |
CY2016Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
|
9800000 | shares |
CY2016Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
|
19400000 | shares |
CY2016Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
8000000 | shares |
us-gaap |
Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
|
2000000 | shares | |
us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
67000000 | USD | |
CY2015Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2418000000 | USD |
CY2016Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2420000000 | USD |
CY2015Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2422000000 | USD |
CY2016Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2424000000 | USD |
CY2015Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
148000000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
147900000 | shares | |
CY2016Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
146700000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
147200000 | shares | |
CY2015Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
146500000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
146400000 | shares | |
CY2016Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
145500000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
146000000 | shares |