2017 Q4 Form 10-K Financial Statement

#000136447918000005 Filed on February 28, 2018

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q3 2017 Q2
Revenue $491.7M $457.6M $415.8M
YoY Change 21.35% 13.38% 9.31%
Cost Of Revenue $261.7M $10.80M $11.10M
YoY Change 24.44% -10.74% -20.71%
Gross Profit $230.0M $446.8M $404.7M
YoY Change 18.01% 14.13% 10.45%
Gross Profit Margin 46.78% 97.64% 97.33%
Selling, General & Admin $76.00M $84.50M $78.80M
YoY Change 5.26% 26.5% 6.2%
% of Gross Profit 33.04% 18.91% 19.47%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $109.2M $109.7M $106.9M
YoY Change 1.77% 8.72% 12.76%
% of Gross Profit 47.48% 24.55% 26.41%
Operating Expenses $171.4M $84.50M $78.80M
YoY Change 2.27% 26.5% 6.2%
Operating Profit $58.60M $362.3M $325.9M
YoY Change 114.65% 11.58% 11.53%
Interest Expense -$38.20M -$32.00M -$32.00M
YoY Change 11.05% -8.31% 137.04%
% of Operating Profit -65.19% -8.83% -9.82%
Other Income/Expense, Net $1.100M $1.700M -$500.0K
YoY Change 450.0% 112.5% -200.0%
Pretax Income $21.10M $18.60M $49.80M
YoY Change -385.14% 177.61% -1944.44%
Income Tax $13.90M $5.800M -$22.20M
% Of Pretax Income 65.88% 31.18% -44.58%
Net Earnings $214.3M $12.80M -$27.60M
YoY Change -1723.48% 326.67% 245.0%
Net Earnings / Revenue 43.58% 2.8% -6.64%
Basic Earnings Per Share $7.57 $0.45 -$0.98
Diluted Earnings Per Share $7.44 $0.45 -$0.98
COMMON SHARES
Basic Shares Outstanding 28.37M shares 28.30M shares 28.30M shares
Diluted Shares Outstanding 28.60M shares 28.30M shares

Balance Sheet

Concept 2017 Q4 2017 Q3 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $41.50M $19.10M $12.00M
YoY Change 257.76% -63.2% -71.83%
Cash & Equivalents $41.50M $19.10M $12.00M
Short-Term Investments
Other Short-Term Assets $23.00M $26.30M $27.40M
YoY Change -34.84% 55.62% 20.18%
Inventory $23.70M $26.70M $25.90M
Prepaid Expenses
Receivables $386.3M $347.9M $309.0M
Other Receivables $0.00 $4.400M $10.90M
Total Short-Term Assets $474.5M $424.4M $385.2M
YoY Change 27.66% 8.6% 2.01%
LONG-TERM ASSETS
Property, Plant & Equipment $286.3M $287.3M $281.3M
YoY Change 5.26% 6.33% 5.43%
Goodwill $91.00M $91.10M $91.00M
YoY Change 0.0% 0.11% 0.0%
Intangibles $283.9M $284.4M $283.6M
YoY Change -6.58% -6.35% -6.34%
Long-Term Investments
YoY Change
Other Assets $39.40M $36.20M $35.00M
YoY Change 13.54% 2.84% -0.57%
Total Long-Term Assets $3.075B $3.165B $3.140B
YoY Change -0.62% -0.71% -0.52%
TOTAL ASSETS
Total Short-Term Assets $474.5M $424.4M $385.2M
Total Long-Term Assets $3.075B $3.165B $3.140B
Total Assets $3.550B $3.589B $3.525B
YoY Change 2.41% 0.3% -0.25%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $152.0M $246.3M $314.8M
YoY Change 9.35% -6.31% 17.29%
Accrued Expenses $113.3M $105.6M $79.60M
YoY Change 28.46% 3.02% 21.71%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $22.70M $17.20M $16.00M
YoY Change 44.59% 10.97% 1.27%
Total Short-Term Liabilities $290.7M $387.7M $424.9M
YoY Change 19.68% -1.4% 16.76%
LONG-TERM LIABILITIES
Long-Term Debt $2.137B $2.212B $2.145B
YoY Change -1.9% 4.14% 1.46%
Other Long-Term Liabilities $35.80M $38.30M $38.80M
YoY Change 11.88% -7.26% -7.84%
Total Long-Term Liabilities $35.80M $38.30M $38.80M
YoY Change 11.88% -7.26% -7.84%
TOTAL LIABILITIES
Total Short-Term Liabilities $290.7M $387.7M $424.9M
Total Long-Term Liabilities $35.80M $38.30M $38.80M
Total Liabilities $3.039B $3.300B $3.266B
YoY Change -3.46% 2.31% 2.5%
SHAREHOLDERS EQUITY
Retained Earnings -$462.4M -$679.2M -$692.0M
YoY Change -26.04% 10.98% 12.52%
Common Stock $300.0K $300.0K $300.0K
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $692.0M $692.0M $692.0M
YoY Change 0.0% 0.0% 0.0%
Treasury Stock Shares 2.700M shares 2.700M shares 2.700M shares
Shareholders Equity $510.4M $288.8M $258.8M
YoY Change
Total Liabilities & Shareholders Equity $3.550B $3.589B $3.525B
YoY Change 2.41% 0.3% -0.25%

Cashflow Statement

Concept 2017 Q4 2017 Q3 2017 Q2
OPERATING ACTIVITIES
Net Income $214.3M $12.80M -$27.60M
YoY Change -1723.48% 326.67% 245.0%
Depreciation, Depletion And Amortization $109.2M $109.7M $106.9M
YoY Change 1.77% 8.72% 12.76%
Cash From Operating Activities $95.50M $127.3M $40.10M
YoY Change 52.8% -21.81% -61.99%
INVESTING ACTIVITIES
Capital Expenditures -$162.6M -$226.6M -$112.7M
YoY Change 0.87% 13.87% -1.57%
Acquisitions
YoY Change
Other Investing Activities $41.60M $34.10M $43.70M
YoY Change 520.9% 7.23% 18.75%
Cash From Investing Activities -$121.0M -$192.5M -$69.00M
YoY Change -21.68% 15.13% -11.2%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 40.80M 68.30M 19.50M
YoY Change -27.01% 563.11% 160.0%
NET CHANGE
Cash From Operating Activities 95.50M 127.3M 40.10M
Cash From Investing Activities -121.0M -192.5M -69.00M
Cash From Financing Activities 40.80M 68.30M 19.50M
Net Change In Cash 15.30M 3.100M -9.400M
YoY Change -142.38% -47.46% -126.63%
FREE CASH FLOW
Cash From Operating Activities $95.50M $127.3M $40.10M
Capital Expenditures -$162.6M -$226.6M -$112.7M
Free Cash Flow $258.1M $353.9M $152.8M
YoY Change 15.38% -2.18% -30.55%

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CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
2000000 USD
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CurrentForeignTaxExpenseBenefit
3300000 USD
CY2016 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
2400000 USD
CY2017 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
5000000 USD
CY2015 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
23300000 USD
CY2016 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2500000 USD
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
3700000 USD
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
4200000 USD
CY2016 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
100000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
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20400000 USD
CY2016 us-gaap Deferred Federal Income Tax Expense Benefit
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3500000 USD
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21000000 USD
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100000 USD
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2700000 USD
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100000 USD
CY2016 us-gaap Deferred Foreign Income Tax Expense Benefit
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-2300000 USD
CY2017 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
22300000 USD
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2017 us-gaap Deferred Income Tax Expense Benefit
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541700000 USD
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22300000 USD
CY2016 us-gaap Deferred Income Taxes And Tax Credits
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12300000 USD
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CY2016Q4 us-gaap Deferred Revenue
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4100000 USD
CY2017Q4 us-gaap Deferred Revenue
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1800000 USD
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
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11100000 USD
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
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87800000 USD
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2700000 USD
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1300000 USD
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721100000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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469700000 USD
CY2017 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Accumulated Postretirement Benefit Obligation
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100000 USD
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100000 USD
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7400000 USD
CY2016 us-gaap Defined Contribution Plan Cost Recognized
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7500000 USD
CY2017 us-gaap Defined Contribution Plan Cost Recognized
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9400000 USD
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39600000 USD
CY2016 us-gaap Depreciation Nonproduction
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39700000 USD
CY2016Q4 us-gaap Deferred Tax Assets Net
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133400000 USD
CY2017Q4 us-gaap Deferred Tax Assets Net
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80200000 USD
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90700000 USD
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46500000 USD
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28500000 USD
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3900000 USD
CY2017Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Not Subject To Expiration
DeferredTaxAssetsOperatingLossCarryforwardsNotSubjectToExpiration
300000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
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1500000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
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4200000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Alternative Minimum Tax
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4200000 USD
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7100000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
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5400000 USD
CY2016Q4 us-gaap Deferred Tax Assets Valuation Allowance
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4500000 USD
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance
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7600000 USD
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692100000 USD
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461500000 USD
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98900000 USD
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66200000 USD
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694800000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Noncurrent
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462800000 USD
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5500000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Tax Deferred Income
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5800000 USD
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46800000 USD
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CY2016 us-gaap Direct Operating Costs
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655200000 USD
CY2017 us-gaap Direct Operating Costs
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721600000 USD
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50900000 USD
CY2017 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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0 USD
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3.69
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0.11
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CY2016 us-gaap Earnings Per Share Basic
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0.45
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27500000 USD
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0.35
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17200000 USD
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P1Y9M
CY2017Q4 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.21
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0.35
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1300000 USD
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7.57
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5.66
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3.69
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0.11
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0.45
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7.44
CY2017 us-gaap Earnings Per Share Diluted
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5.60
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-4300000 USD
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
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24900000 USD
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1100000 USD
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2100000 USD
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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2500000 USD
CY2015 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
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0 USD
CY2016 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
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0 USD
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
100000 USD
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11700000 USD
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16200000 USD
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49600000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Gross
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34100000 USD
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37900000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Net
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17900000 USD
CY2017Q4 us-gaap Future Minimum Sublease Rentals Sale Leaseback Transactions
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156500000 USD
CY2017Q4 us-gaap Future Minimum Sublease Rentals Sale Leaseback Transactions Thereafter
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117000000 USD
CY2017Q4 us-gaap Future Minimum Sublease Rentals Sale Leaseback Transactions Within Five Years
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7900000 USD
CY2017Q4 us-gaap Future Minimum Sublease Rentals Sale Leaseback Transactions Within Four Years
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7900000 USD
CY2017Q4 us-gaap Future Minimum Sublease Rentals Sale Leaseback Transactions Within One Year
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7900000 USD
CY2017Q4 us-gaap Future Minimum Sublease Rentals Sale Leaseback Transactions Within Three Years
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7900000 USD
CY2017Q4 us-gaap Future Minimum Sublease Rentals Sale Leaseback Transactions Within Two Years
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7900000 USD
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14400000 USD
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CY2016Q4 us-gaap Goodwill
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CY2017Q4 us-gaap Goodwill Gross
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674900000 USD
CY2017Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
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674900000 USD
CY2016 us-gaap Goodwill Impairment Loss
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0 USD
CY2017 us-gaap Goodwill Impairment Loss
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0 USD
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29300000 USD
CY2016 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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0 USD
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102400000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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2500000 USD
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CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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156900000 USD
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6700000 USD
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-7400000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-4900000 USD
CY2017Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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18600000 USD
CY2017Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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21100000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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54500000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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-7400000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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156900000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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-4900000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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-64400000 USD
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4100000 USD
CY2016 us-gaap Income Loss From Equity Method Investments
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2300000 USD
CY2017 us-gaap Income Loss From Equity Method Investments
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1900000 USD
CY2015 us-gaap Income Tax Expense Benefit
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45600000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14800000 USD
CY2017 us-gaap Income Tax Expense Benefit
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CY2015 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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3800000 USD
CY2016 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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1300000 USD
CY2017 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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2800000 USD
CY2015 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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0 USD
CY2016 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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0 USD
CY2015 us-gaap Income Tax Reconciliation Disposition Of Assets
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-20400000 USD
CY2016 us-gaap Income Tax Reconciliation Disposition Of Assets
IncomeTaxReconciliationDispositionOfAssets
0 USD
CY2017 us-gaap Income Tax Reconciliation Disposition Of Assets
IncomeTaxReconciliationDispositionOfAssets
0 USD
CY2015 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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2200000 USD
CY2016 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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800000 USD
CY2017 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
1900000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
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11200000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
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900000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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54900000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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-1700000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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-22500000 USD
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense
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-300000 USD
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense
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3200000 USD
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
500000 USD
CY2015 us-gaap Income Tax Reconciliation Other Adjustments
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900000 USD
CY2016 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
0 USD
CY2017 us-gaap Income Tax Reconciliation Other Adjustments
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-300000 USD
CY2017 us-gaap Income Tax Reconciliation Other Reconciling Items
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-202200000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
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4500000 USD
CY2015 us-gaap Income Taxes Paid Net
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10100000 USD
CY2016 us-gaap Income Taxes Paid Net
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2900000 USD
CY2017 us-gaap Income Taxes Paid Net
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-5500000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable
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-5200000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable
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9200000 USD
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-10000000 USD
CY2015 us-gaap Increase Decrease In Accounts Receivable
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20100000 USD
CY2016 us-gaap Increase Decrease In Accounts Receivable
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59200000 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable
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131600000 USD
CY2015 us-gaap Increase Decrease In Accrued Liabilities
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-4300000 USD
CY2016 us-gaap Increase Decrease In Accrued Liabilities
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31200000 USD
CY2017 us-gaap Increase Decrease In Accrued Liabilities
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19400000 USD
CY2015 us-gaap Increase Decrease In Inventories And Other Operating Assets
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18500000 USD
CY2016 us-gaap Increase Decrease In Inventories And Other Operating Assets
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19000000 USD
CY2017 us-gaap Increase Decrease In Inventories And Other Operating Assets
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2100000 USD
CY2015 us-gaap Increase Decrease In Restricted Cash
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-3200000 USD
CY2016 us-gaap Increase Decrease In Restricted Cash
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0 USD
CY2017 us-gaap Increase Decrease In Restricted Cash
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CY2015 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2015 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
300000 shares
CY2016Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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315600000 USD
CY2017Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
300100000 USD
CY2016Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
303900000 USD
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
283900000 USD
CY2015 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-32900000 USD
CY2016 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-84200000 USD
CY2017 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-140000000 USD
CY2015 us-gaap Interest Paid Net
InterestPaidNet
27700000 USD
CY2016 us-gaap Interest Paid Net
InterestPaidNet
70700000 USD
CY2017 us-gaap Interest Paid Net
InterestPaidNet
131700000 USD
CY2016Q4 us-gaap Interest Payable Current
InterestPayableCurrent
9100000 USD
CY2017Q4 us-gaap Interest Payable Current
InterestPayableCurrent
7500000 USD
CY2017Q4 us-gaap Interest Portion Of Minimum Lease Payments Sale Leaseback Transactions
InterestPortionOfMinimumLeasePaymentsSaleLeasebackTransactions
70700000 USD
CY2016Q4 us-gaap Inventory Net
InventoryNet
24100000 USD
CY2017Q4 us-gaap Inventory Net
InventoryNet
23700000 USD
CY2017 us-gaap Lessee Leasing Arrangements Operating Leases Term Of Contract
LesseeLeasingArrangementsOperatingLeasesTermOfContract
P15Y
CY2016Q4 us-gaap Liabilities
Liabilities
3148300000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
3039300000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3466000000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3549700000 USD
CY2016Q4 us-gaap Liabilities Current
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242900000 USD
CY2017Q4 us-gaap Liabilities Current
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290700000 USD
CY2017Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
200000 USD
CY2016Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2178600000 USD
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2137100000 USD
CY2016Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
15700000 USD
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
25400000 USD
CY2016Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
2194300000 USD
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
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2159800000 USD
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal After Year Five
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalAfterYearFive
500000000 USD
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Five
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFive
488000000 USD
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Four
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFour
1130000000 USD
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Three
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearThree
11500000 USD
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Two
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearTwo
22100000 USD
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations Repayments Of Principal In Next Twelve Months
LongTermDebtAndCapitalLeaseObligationsRepaymentsOfPrincipalInNextTwelveMonths
22700000 USD
CY2016Q4 us-gaap Long Term Debt Current
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15700000 USD
CY2017Q4 us-gaap Long Term Debt Current
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22700000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities
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-105400000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-38700000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
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77500000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
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-389900000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-395000000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-403000000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
496300000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
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433400000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
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341700000 USD
CY2015 us-gaap Net Income Loss
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111300000 USD
CY2016Q1 us-gaap Net Income Loss
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-1500000 USD
CY2016Q2 us-gaap Net Income Loss
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-8000000 USD
CY2016Q3 us-gaap Net Income Loss
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3000000 USD
CY2016Q4 us-gaap Net Income Loss
NetIncomeLoss
-13200000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
-19700000 USD
CY2017Q1 us-gaap Net Income Loss
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-39200000 USD
CY2017 us-gaap Operating Leases Rent Expense Net
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34600000 USD
CY2015 us-gaap Operating Leases Rent Expense Sublease Rentals1
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500000 USD
CY2016 us-gaap Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
500000 USD
CY2017 us-gaap Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
400000 USD
CY2016Q4 us-gaap Other Accrued Liabilities Current
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8700000 USD
CY2017Q4 us-gaap Other Accrued Liabilities Current
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12800000 USD
CY2016 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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1400000 USD
CY2017 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
2300000 USD
CY2015 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
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41600000 USD
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
0 USD
CY2017Q2 us-gaap Net Income Loss
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-27600000 USD
CY2017Q3 us-gaap Net Income Loss
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12800000 USD
CY2017Q4 us-gaap Net Income Loss
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214300000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
160300000 USD
CY2017 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2017 us-gaap Number Of Reporting Units
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1 reporting_unit
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due
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166700000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
32600000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals
OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentals
1400000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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12700000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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16000000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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21200000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
27900000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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56300000 USD
CY2015 us-gaap Operating Leases Income Statement Depreciation Expense On Property Subject To Or Held For Lease
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343700000 USD
CY2016 us-gaap Operating Leases Income Statement Depreciation Expense On Property Subject To Or Held For Lease
OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease
350500000 USD
CY2017 us-gaap Operating Leases Income Statement Depreciation Expense On Property Subject To Or Held For Lease
OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease
378900000 USD
CY2015 us-gaap Operating Leases Income Statement Lease Revenue
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1411700000 USD
CY2016 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
1352700000 USD
CY2017 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
1499000000 USD
CY2015 us-gaap Operating Leases Rent Expense Minimum Rentals
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33200000 USD
CY2016 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
33000000 USD
CY2017 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
35000000 USD
CY2015 us-gaap Operating Leases Rent Expense Net
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32700000 USD
CY2016 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
32500000 USD
CY2017 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
4400000 USD
CY2016Q4 us-gaap Other Assets Noncurrent
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34700000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
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38100000 USD
CY2015 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Tax Portion Attributable To Parent
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0 USD
CY2016 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent
0 USD
CY2017 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent
800000 USD
CY2015 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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-56800000 USD
CY2016 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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15800000 USD
CY2017 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
17700000 USD
CY2015 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
500000 USD
CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
0 USD
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax
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-103100000 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
16700000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
20100000 USD
CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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2900000 USD
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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-600000 USD
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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-1200000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
8100000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-100000 USD
CY2017 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
CY2015 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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0 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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0 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
2100000 USD
CY2016Q4 us-gaap Other Liabilities Noncurrent
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32000000 USD
CY2017Q4 us-gaap Other Liabilities Noncurrent
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35800000 USD
CY2015 us-gaap Other Nonoperating Income Expense
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56100000 USD
CY2016 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2400000 USD
CY2017 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3400000 USD
CY2015 us-gaap Other Operating Activities Cash Flow Statement
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9300000 USD
CY2016 us-gaap Other Operating Activities Cash Flow Statement
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8600000 USD
CY2017 us-gaap Other Operating Activities Cash Flow Statement
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5800000 USD
CY2015 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
500000 USD
CY2016 us-gaap Payments For Proceeds From Other Investing Activities
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0 USD
CY2017 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0 USD
CY2015 us-gaap Payments For Repurchase Of Common Stock
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604500000 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2015 us-gaap Payments Of Debt Issuance Costs
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0 USD
CY2016 us-gaap Payments Of Debt Issuance Costs
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41500000 USD
CY2017 us-gaap Payments Of Debt Issuance Costs
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2700000 USD
CY2015 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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5000000 USD
CY2016 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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500000 USD
CY2017 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
100000 USD
CY2015 us-gaap Payments To Acquire Equipment On Lease
PaymentsToAcquireEquipmentOnLease
600000000 USD
CY2016 us-gaap Payments To Acquire Equipment On Lease
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468300000 USD
CY2017 us-gaap Payments To Acquire Equipment On Lease
PaymentsToAcquireEquipmentOnLease
501400000 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
76900000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
47800000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
74600000 USD
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.01
CY2016Q2 us-gaap Preferred Stock Shares Authorized
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13300000 shares
CY2016Q4 us-gaap Preferred Stock Shares Authorized
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13300000 shares
CY2017Q4 us-gaap Preferred Stock Shares Authorized
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13300000 shares
CY2016Q4 us-gaap Preferred Stock Shares Issued
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0 shares
CY2017Q4 us-gaap Preferred Stock Shares Issued
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0 shares
CY2017 us-gaap Proceeds From Issuance Of Senior Long Term Debt
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0 USD
CY2016Q4 us-gaap Property Subject To Or Available For Operating Lease Accumulated Depreciation
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1305500000 USD
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
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0 shares
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q4 us-gaap Preferred Stock Value
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0 USD
CY2017Q4 us-gaap Preferred Stock Value
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0 USD
CY2016Q4 us-gaap Prepaid Expense And Other Assets Current
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23300000 USD
CY2017Q4 us-gaap Prepaid Expense And Other Assets Current
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23000000 USD
CY2017Q4 us-gaap Present Value Of Future Minimum Lease Payments Sale Leaseback Transactions
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118200000 USD
CY2015 us-gaap Proceeds From Contributions From Affiliates
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198800000 USD
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0 USD
CY2017 us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
0 USD
CY2015 us-gaap Proceeds From Divestiture Of Businesses
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126400000 USD
CY2016 us-gaap Proceeds From Divestiture Of Businesses
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0 USD
CY2017 us-gaap Proceeds From Divestiture Of Businesses
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0 USD
CY2015 us-gaap Proceeds From Issuance Of Senior Long Term Debt
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0 USD
CY2016 us-gaap Proceeds From Issuance Of Senior Long Term Debt
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1235000000 USD
CY2015 us-gaap Proceeds From Lines Of Credit
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1865000000 USD
CY2016 us-gaap Proceeds From Lines Of Credit
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1791000000 USD
CY2017 us-gaap Proceeds From Lines Of Credit
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561900000 USD
CY2015 us-gaap Proceeds From Sale Of Property Plant And Equipment
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6000000 USD
CY2016 us-gaap Proceeds From Sale Of Property Plant And Equipment
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5700000 USD
CY2017 us-gaap Proceeds From Sale Of Property Plant And Equipment
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5900000 USD
CY2015 us-gaap Proceeds From Stock Options Exercised
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5100000 USD
CY2016 us-gaap Proceeds From Stock Options Exercised
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10000000 USD
CY2017 us-gaap Proceeds From Stock Options Exercised
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700000 USD
CY2015 us-gaap Proceeds From Stock Plans
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0 USD
CY2016 us-gaap Proceeds From Stock Plans
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0 USD
CY2017 us-gaap Proceeds From Stock Plans
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1100000 USD
CY2016Q4 us-gaap Property Plant And Equipment Gross
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522400000 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
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574400000 USD
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272000000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
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286300000 USD
CY2017Q4 us-gaap Property Subject To Or Available For Operating Lease Accumulated Depreciation
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1382600000 USD
CY2016Q4 us-gaap Property Subject To Or Available For Operating Lease Gross
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3695500000 USD
CY2017Q4 us-gaap Property Subject To Or Available For Operating Lease Gross
PropertySubjectToOrAvailableForOperatingLeaseGross
3757200000 USD
CY2016Q4 us-gaap Property Subject To Or Available For Operating Lease Net
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2390000000 USD
CY2017Q4 us-gaap Property Subject To Or Available For Operating Lease Net
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2374600000 USD
CY2015 us-gaap Provision For Doubtful Accounts
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42800000 USD
CY2016 us-gaap Provision For Doubtful Accounts
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44400000 USD
CY2017 us-gaap Provision For Doubtful Accounts
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52400000 USD
CY2015 us-gaap Repayments Of Lines Of Credit
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2208600000 USD
CY2016 us-gaap Repayments Of Lines Of Credit
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881000000 USD
CY2017 us-gaap Sales Revenue Net
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1754500000 USD
CY2015 us-gaap Sales Revenue Services Net
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13200000 USD
CY2016 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
11400000 USD
CY2017 us-gaap Repayments Of Lines Of Credit
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339200000 USD
CY2015 us-gaap Repayments Of Long Term Capital Lease Obligations
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10000000 USD
CY2016 us-gaap Repayments Of Long Term Capital Lease Obligations
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12400000 USD
CY2017 us-gaap Repayments Of Long Term Capital Lease Obligations
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16700000 USD
CY2015 us-gaap Repayments Of Long Term Debt
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0 USD
CY2016 us-gaap Repayments Of Long Term Debt
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0 USD
CY2017 us-gaap Repayments Of Long Term Debt
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247000000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
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7000000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
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0 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
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-625200000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
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-462400000 USD
CY2016Q4 us-gaap Sale Leaseback Transaction Deferred Gain Net
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0 USD
CY2017Q4 us-gaap Sale Leaseback Transaction Deferred Gain Net
SaleLeasebackTransactionDeferredGainNet
112900000 USD
CY2017Q4 us-gaap Sale Leaseback Transaction Gross Proceeds Financing Activities
SaleLeasebackTransactionGrossProceedsFinancingActivities
119500000 USD
CY2015 us-gaap Sale Leaseback Transaction Net Proceeds Financing Activities
SaleLeasebackTransactionNetProceedsFinancingActivities
0 USD
CY2016 us-gaap Sale Leaseback Transaction Net Proceeds Financing Activities
SaleLeasebackTransactionNetProceedsFinancingActivities
0 USD
CY2017 us-gaap Sale Leaseback Transaction Net Proceeds Financing Activities
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119500000 USD
CY2015 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
92100000 USD
CY2016 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
68200000 USD
CY2017 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
52300000 USD
CY2015 us-gaap Sales Revenue Net
SalesRevenueNet
1678200000 USD
CY2016Q1 us-gaap Sales Revenue Net
SalesRevenueNet
365600000 USD
CY2016Q2 us-gaap Sales Revenue Net
SalesRevenueNet
380400000 USD
CY2016Q3 us-gaap Sales Revenue Net
SalesRevenueNet
403600000 USD
CY2016Q4 us-gaap Sales Revenue Net
SalesRevenueNet
405200000 USD
CY2016 us-gaap Sales Revenue Net
SalesRevenueNet
1554800000 USD
CY2017Q1 us-gaap Sales Revenue Net
SalesRevenueNet
389400000 USD
CY2017Q2 us-gaap Sales Revenue Net
SalesRevenueNet
415800000 USD
CY2017Q3 us-gaap Sales Revenue Net
SalesRevenueNet
457600000 USD
CY2017Q4 us-gaap Sales Revenue Net
SalesRevenueNet
491700000 USD
CY2017 us-gaap Sales Revenue Services Net
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12400000 USD
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6200000 USD
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267600000 USD
CY2016 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
275200000 USD
CY2017 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
320600000 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
2700000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
5500000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
10100000 USD
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
2200000 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
551000 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
127891 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
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39.91
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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0 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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100000 USD
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
300000 USD
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CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
41.91
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0 shares
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CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
14.28
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529675 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
440642 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
37.90
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
37.25
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
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292051 shares
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0 USD
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
36.31
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
37.50
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.00
CY2017Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
127891 shares
CY2017Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
440642 shares
CY2017Q4 us-gaap Share Price
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62.61
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0 USD
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SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y7M
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P5Y3M
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SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
39.91
CY2017Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
37.25
CY2017 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
18940 shares
CY2017 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1100000 USD
CY2015 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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-5000000 USD
CY2016 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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-500000 USD
CY2017 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-100000 USD
CY2015 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
5100000 USD
CY2016 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
10000000 USD
CY2017 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
700000 USD
CY2014Q1 us-gaap Stock Repurchase Program Authorized Amount1
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1000000000 USD
CY2017Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
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395900000 USD
CY2015 us-gaap Stock Repurchased During Period Value
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604500000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
1693700000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
2302000000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
317700000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
510400000 USD
CY2015 us-gaap Stockholders Equity Note Spinoff Transaction
StockholdersEquityNoteSpinoffTransaction
1003000000 USD
CY2016 us-gaap Stockholders Equity Note Spinoff Transaction
StockholdersEquityNoteSpinoffTransaction
-1996300000 USD
CY2017 us-gaap Stockholders Equity Note Spinoff Transaction
StockholdersEquityNoteSpinoffTransaction
-2000000 USD
CY2016Q2 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
0.0667
CY2016Q4 us-gaap Taxes Payable Current And Noncurrent
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100000 USD
CY2017Q4 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
7100000 USD
CY2016Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
2700000 shares
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
2700000 shares
CY2015 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
2500000 shares
CY2016Q4 us-gaap Treasury Stock Value
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692000000 USD
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
692000000 USD
CY2015 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
604500000 USD
CY2015 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0 USD
CY2016 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0 USD
CY2017 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0 USD
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30200000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28300000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28600000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30200000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28300000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28300000 shares
CY2017 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Concentration of Credit Risk </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's cash and cash equivalents are held in checking accounts, various investment grade institutional money market accounts or bank term deposits. Deposits held at banks may exceed the amount of insurance provided on such deposits. Generally, these deposits may be redeemed upon demand and are maintained with financial institutions with reputable credit and therefore bear minimal credit risk. The Company seeks to mitigate such risks by spreading the risk across multiple counterparties and monitoring the risk profiles of these counterparties. In addition, the Company has credit risk from financial instruments used in hedging activities. The Company limits its exposure relating to financial instruments by diversifying the financial instruments among various counterparties, which consist of major financial institutions.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">No single customer accounted for more than </font><font style="font-family:inherit;font-size:10pt;">3%</font><font style="font-family:inherit;font-size:10pt;"> of the Company&#8217;s equipment rental revenue during the years ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;">. As of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, no single customer accounted for more than </font><font style="font-family:inherit;font-size:10pt;">3%</font><font style="font-family:inherit;font-size:10pt;"> of accounts receivable.</font></div></div>
CY2017 us-gaap Nature Of Operations
NatureOfOperations
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"></font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Background</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;"> </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Herc Holdings Inc. ("Herc Holdings" or the "Company") is one of the leading equipment rental suppliers with approximately </font><font style="font-family:inherit;font-size:10pt;">275</font><font style="font-family:inherit;font-size:10pt;"> locations as of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, principally in North America. The Company conducts substantially all of its operations through subsidiaries, including Herc Rentals Inc. ("Herc"). Operations are conducted under the Herc Rentals brand in the United States and under the Hertz Equipment Rental brand in Canada and other international locations. With over 50 years of experience, we are a full-line equipment rental supplier offering a broad portfolio of equipment for rent. In addition to our principal business of equipment rental, we sell used equipment and contractor supplies such as construction consumables, tools, small equipment and safety supplies; provide repair, maintenance, equipment management services and safety training to certain of our customers; offer equipment re-rental services and provide on-site support to our customers; and provide ancillary services such as equipment transport, rental protection, cleaning, refueling and labor.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our classic fleet includes aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction and lighting. Our equipment rental business is supported by ProSolutions</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">TM</sup></font><font style="font-family:inherit;font-size:10pt;"> our industry-specific solutions-based services which includes pumping solutions, power generation, climate control, remediation and restoration, and studio and production equipment, and our ProContractor professional grade tools. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On </font><font style="font-family:inherit;font-size:10pt;">June&#160;30, 2016</font><font style="font-family:inherit;font-size:10pt;">, the Company, in its previous form as the holding company of both the existing equipment rental operations as well as the former vehicle rental operations (in its form prior to the Spin-Off, "Hertz Holdings"), completed a spin-off (the "Spin-Off") of its global vehicle rental business through a dividend to stockholders of all of the issued and outstanding common stock of Hertz Rental Car Holding Company, Inc., which was re-named Hertz Global Holdings, Inc. ("New Hertz"). New Hertz is an independent public company that trades on the New York Stock Exchange under the symbol "HTZ" and continues to operate its global vehicle rental business through its operating subsidiaries including The Hertz Corporation ("THC"). The Company changed its name to Herc Holdings Inc. on </font><font style="font-family:inherit;font-size:10pt;">June&#160;30, 2016</font><font style="font-family:inherit;font-size:10pt;">, and trades on the New York Stock Exchange under the symbol "HRI." The Company continues to operate its global equipment rental business through its operating subsidiaries, including Herc.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For accounting purposes, due to the relative significance of New Hertz to Hertz Holdings, New Hertz was considered the spinnor or divesting entity in the Spin-Off and Herc Holdings was considered the spinnee or divested entity. As a result, despite the legal form of the transaction, New Hertz was the "accounting successor" to Hertz Holdings. Under the accounting rules, the historical financial information of New Hertz is required to reflect the financial information of Hertz Holdings, as if New Hertz spun off Herc Holdings in the Spin-Off. In contrast, the historical financial information of Herc Holdings, for the year ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2015</font><font style="font-family:inherit;font-size:10pt;"> and the first half of 2016, reflects the financial information of the equipment rental business and certain parent legal entities of Herc as historically operated as part of Hertz Holdings, as if Herc Holdings was a stand-alone company for such periods. The historical financial information of Herc Holdings presented in these consolidated financial statements is not necessarily indicative of what Herc Holdings&#8217; financial position or results of operations actually would have been had Herc Holdings operated as a separate, independent company for all periods presented. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">These consolidated financial statements consist of Herc Holdings, the top level holding company with no material assets or stand-alone operations, and Herc and its consolidated subsidiaries.</font></div></div>
CY2017 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Reclassification of Prior Period Presentation</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain prior period amounts have been reclassified for consistency with the current period presentation. These reclassifications had no effect on the reported consolidated balance sheets, results of operations, equity or cash flows for any period presented.</font></div></div>

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