2018 Q4 Form 10-Q Financial Statement

#000157194918000014 Filed on October 31, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2017 Q4
Revenue $1.308B $1.463B $1.146B
YoY Change 14.14% 2.16% -0.43%
Cost Of Revenue $369.0M $263.0M $295.0M
YoY Change 25.08% -9.0% -14.74%
Gross Profit $1.308B $1.200B $1.146B
YoY Change 14.14% 4.53% -0.43%
Gross Profit Margin 100.0% 82.02% 100.0%
Selling, General & Admin $474.0M $37.00M $414.0M
YoY Change 14.49% -2.63% -3.5%
% of Gross Profit 36.24% 3.08% 36.13%
Research & Development $107.0M
YoY Change 8.08%
% of Gross Profit 8.92%
Depreciation & Amortization $157.0M $148.0M $131.0M
YoY Change 19.85% 15.63% -6.43%
% of Gross Profit 12.0% 12.33% 11.43%
Operating Expenses $631.0M $598.0M $545.0M
YoY Change 15.78% 8.73% -4.22%
Operating Profit $676.0M $602.0M $592.0M
YoY Change 14.19% 1.01% 6.09%
Interest Expense -$49.00M $66.00M -$42.00M
YoY Change 16.67% 40.43% 2.44%
% of Operating Profit -7.25% 10.96% -7.09%
Other Income/Expense, Net $111.0M -$48.00M $121.0M
YoY Change -8.26% 45.45% 450.0%
Pretax Income $738.0M $554.0M $671.0M
YoY Change 9.99% -1.6% 23.35%
Income Tax $130.0M $89.00M $196.0M
% Of Pretax Income 17.62% 16.06% 29.21%
Net Earnings $611.0M $458.0M $1.233B
YoY Change -50.45% 23.45% 250.28%
Net Earnings / Revenue 46.71% 31.31% 107.59%
Basic Earnings Per Share $1.07 $0.80 $2.11
Diluted Earnings Per Share $1.07 $0.79 $2.09
COMMON SHARES
Basic Shares Outstanding 569.6M shares 572.0M shares 585.0M shares
Diluted Shares Outstanding 576.0M shares

Balance Sheet

Concept 2018 Q4 2018 Q3 2017 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $724.0M $515.0M $535.0M
YoY Change 35.33% 18.39% 24.42%
Cash & Equivalents $724.0M $515.0M $535.0M
Short-Term Investments
Other Short-Term Assets $65.02B $59.76B $52.12B
YoY Change 24.73% 10.86% 3207.36%
Inventory
Prepaid Expenses
Receivables $953.0M $1.020B $903.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $66.69B $61.30B $53.56B
YoY Change 24.51% 10.96% -6.25%
LONG-TERM ASSETS
Property, Plant & Equipment $1.241B $1.206B $1.246B
YoY Change -0.4% 1.17% 10.36%
Goodwill $13.09B $12.93B $12.22B
YoY Change 7.11% 7.64% 3815.38%
Intangibles $10.46B $10.45B $10.27B
YoY Change 1.88% 3.87% -1.45%
Long-Term Investments
YoY Change
Other Assets $24.86B $24.74B $23.46B
YoY Change 5.98% 9.05% -1.2%
Total Long-Term Assets $26.10B $25.95B $24.70B
YoY Change 5.66% 8.66% -0.68%
TOTAL ASSETS
Total Short-Term Assets $66.69B $61.30B $53.56B
Total Long-Term Assets $26.10B $25.95B $24.70B
Total Assets $92.79B $87.24B $78.26B
YoY Change 18.56% 10.27% -4.56%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $521.0M $486.0M $462.0M
YoY Change 12.77% 13.82% 19.07%
Accrued Expenses $280.0M $217.0M $227.0M
YoY Change 23.35% 17.93% -1.3%
Deferred Revenue $135.0M $249.0M $125.0M
YoY Change 8.0%
Short-Term Debt $951.0M $1.198B $1.833B
YoY Change -48.12% 0.08% -26.47%
Long-Term Debt Due $951.0M $1.198B $1.833B
YoY Change -48.12% 0.08% -26.47%
Total Short-Term Liabilities $66.11B $61.07B $54.18B
YoY Change 22.03% 11.84% -7.58%
LONG-TERM LIABILITIES
Long-Term Debt $6.490B $6.488B $4.267B
YoY Change 52.1% 33.36% 10.23%
Other Long-Term Liabilities $350.0M $325.0M $296.0M
YoY Change 18.24% -14.7% -12.17%
Total Long-Term Liabilities $9.381B $9.323B $7.104B
YoY Change 32.05% 9.7% -6.48%
TOTAL LIABILITIES
Total Short-Term Liabilities $66.11B $61.07B $54.18B
Total Long-Term Liabilities $9.381B $9.323B $7.104B
Total Liabilities $75.49B $70.39B $61.28B
YoY Change 23.19% 11.55% -7.45%
SHAREHOLDERS EQUITY
Retained Earnings $8.317B $7.818B $6.858B
YoY Change 21.27% 36.73% 43.2%
Common Stock $6.000M $6.000M $6.000M
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.354B $2.213B $1.076B
YoY Change 118.77% 165.67% 2590.0%
Treasury Stock Shares 35.00M shares 32.00M shares 17.00M shares
Shareholders Equity $17.20B $16.83B $16.96B
YoY Change
Total Liabilities & Shareholders Equity $92.79B $87.24B $78.26B
YoY Change 18.56% 10.27% -4.56%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2017 Q4
OPERATING ACTIVITIES
Net Income $611.0M $458.0M $1.233B
YoY Change -50.45% 23.45% 250.28%
Depreciation, Depletion And Amortization $157.0M $148.0M $131.0M
YoY Change 19.85% 15.63% -6.43%
Cash From Operating Activities $798.0M $499.0M $675.0M
YoY Change 18.22% 60.45% 5.3%
INVESTING ACTIVITIES
Capital Expenditures -$119.0M -$53.00M -$117.0M
YoY Change 1.71% -41.11% 5.41%
Acquisitions
YoY Change
Other Investing Activities -$19.00M -$746.0M $2.000M
YoY Change -1050.0% 74500.0% -100.45%
Cash From Investing Activities -$138.0M -$799.0M -$115.0M
YoY Change 20.0% 778.02% -79.24%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -444.0M 282.0M -437.0M
YoY Change 1.6% -232.39% 355.21%
NET CHANGE
Cash From Operating Activities 798.0M 499.0M 675.0M
Cash From Investing Activities -138.0M -799.0M -115.0M
Cash From Financing Activities -444.0M 282.0M -437.0M
Net Change In Cash 216.0M -18.00M 123.0M
YoY Change 75.61% -357.14% -1466.67%
FREE CASH FLOW
Cash From Operating Activities $798.0M $499.0M $675.0M
Capital Expenditures -$119.0M -$53.00M -$117.0M
Free Cash Flow $917.0M $552.0M $792.0M
YoY Change 15.78% 37.66% 5.32%

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CY2017Q3 us-gaap Earnings Per Share Diluted
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us-gaap Earnings Per Share Diluted
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2.17
CY2018Q3 us-gaap Earnings Per Share Diluted
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0.79
us-gaap Earnings Per Share Diluted
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2.37
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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9000000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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CY2017Q3 us-gaap Effective Income Tax Rate Continuing Operations
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0.33
us-gaap Effective Income Tax Rate Continuing Operations
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0.29
CY2018Q3 us-gaap Effective Income Tax Rate Continuing Operations
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0.16
us-gaap Effective Income Tax Rate Continuing Operations
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0.21
CY2017Q4 us-gaap Employee Related Liabilities Current
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227000000 USD
CY2018Q3 us-gaap Employee Related Liabilities Current
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217000000 USD
CY2017Q3 us-gaap Exchange Fees
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92000000 USD
us-gaap Exchange Fees
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275000000 USD
CY2018Q3 us-gaap Exchange Fees
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61000000 USD
us-gaap Exchange Fees
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272000000 USD
CY2017Q4 us-gaap Financial Instruments Owned Us Government And Agency Obligations At Fair Value
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734000000 USD
CY2018Q3 us-gaap Financial Instruments Owned Us Government And Agency Obligations At Fair Value
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902000000 USD
CY2017Q4 us-gaap Goodwill
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CY2018Q3 us-gaap Goodwill
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12934000000 USD
us-gaap Goodwill Acquired During Period
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721000000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
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us-gaap Goodwill Other Increase Decrease
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17000000 USD
CY2018Q3 us-gaap Impairment Of Intangible Assets Finitelived
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4000000 USD
us-gaap Impairment Of Intangible Assets Finitelived
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4000000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
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6000000 USD
us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
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22000000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
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7000000 USD
us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
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24000000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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563000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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1855000000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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554000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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1782000000 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
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186000000 USD
us-gaap Income Tax Expense Benefit
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540000000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
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89000000 USD
us-gaap Income Tax Expense Benefit
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381000000 USD
us-gaap Income Taxes Paid
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511000000 USD
us-gaap Income Taxes Paid
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424000000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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-190000000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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-39000000 USD
us-gaap Increase Decrease In Accounts Receivable
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153000000 USD
us-gaap Increase Decrease In Accounts Receivable
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119000000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
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-99000000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
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us-gaap Increase Decrease In Contract With Customer Liability
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129000000 USD
us-gaap Increase Decrease In Contract With Customer Liability
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124000000 USD
us-gaap Increase Decrease In Other Operating Assets
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29000000 USD
us-gaap Increase Decrease In Other Operating Assets
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24000000 USD
us-gaap Increase Decrease In Restricted Cash
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0 USD
us-gaap Increase Decrease In Restricted Cash
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305000000 USD
CY2017Q3 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
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4000000 shares
us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
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4000000 shares
CY2018Q3 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
4000000 shares
us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
4000000 shares
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
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CY2018Q3 us-gaap Intangible Assets Net Excluding Goodwill
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CY2017Q3 us-gaap Interest Expense
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47000000 USD
us-gaap Interest Expense
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CY2018Q3 us-gaap Interest Expense
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66000000 USD
us-gaap Interest Expense
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173000000 USD
us-gaap Interest Paid Net
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99000000 USD
us-gaap Interest Paid Net
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136000000 USD
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16000000 USD
CY2018Q3 us-gaap Investments Fair Value Disclosure
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14000000 USD
CY2017Q3 us-gaap Labor And Related Expense
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234000000 USD
us-gaap Labor And Related Expense
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717000000 USD
CY2018Q3 us-gaap Labor And Related Expense
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251000000 USD
us-gaap Labor And Related Expense
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732000000 USD
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CY2018Q3 us-gaap Liabilities
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CY2017Q4 us-gaap Liabilities And Stockholders Equity
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78264000000 USD
CY2018Q3 us-gaap Liabilities And Stockholders Equity
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CY2018Q3 us-gaap Liabilities Current
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61065000000 USD
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CY2018Q3 us-gaap Liabilities Noncurrent
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9323000000 USD
CY2018Q1 us-gaap Litigation Settlement Amount Awarded To Other Party
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14000000 USD
CY2017Q4 us-gaap Long Term Debt
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CY2018Q3 us-gaap Long Term Debt
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1833000000 USD
CY2018Q3 us-gaap Long Term Debt Current
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1198000000 USD
CY2017Q4 us-gaap Long Term Debt Noncurrent
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4267000000 USD
CY2018Q3 us-gaap Long Term Debt Noncurrent
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CY2017Q4 us-gaap Loss Contingency Accrual At Carrying Value
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14000000 USD
CY2017Q4 us-gaap Minority Interest
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CY2018Q3 us-gaap Minority Interest
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CY2017 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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26000000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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28000000 USD
us-gaap Minority Interest Decrease From Redemptions
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25000000 USD
CY2017 us-gaap Minority Interest Period Increase Decrease
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us-gaap Minority Interest Period Increase Decrease
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0 USD
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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207000000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
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0.20
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
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0.0184
us-gaap Net Cash Provided By Used In Investing Activities
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CY2018Q3 us-gaap Nonoperating Income Expense
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us-gaap Net Cash Provided By Used In Operating Activities
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1410000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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1735000000 USD
CY2017Q3 us-gaap Net Income Loss
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371000000 USD
us-gaap Net Income Loss
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CY2018Q3 us-gaap Net Income Loss
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458000000 USD
us-gaap Net Income Loss
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us-gaap Nonoperating Income Expense
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68000000 USD
us-gaap Nonoperating Income Expense
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us-gaap Number Of Operating Segments
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us-gaap Number Of Reportable Segments
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CY2017Q3 us-gaap Operating Expenses
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550000000 USD
us-gaap Operating Expenses
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1705000000 USD
CY2018Q3 us-gaap Operating Expenses
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598000000 USD
us-gaap Operating Expenses
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1764000000 USD
CY2017Q3 us-gaap Operating Income Loss
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596000000 USD
us-gaap Operating Income Loss
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CY2018Q3 us-gaap Operating Income Loss
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602000000 USD
us-gaap Operating Income Loss
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CY2017Q4 us-gaap Other Assets Noncurrent
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CY2017Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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0 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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68000000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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0 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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CY2017Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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45000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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130000000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
11000000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
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us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
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45000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Other Comprehensive Income Loss Net Of Tax
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0 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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176000000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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0 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
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CY2018Q3 us-gaap Other Liabilities Current
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130000000 USD
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us-gaap Other Nonoperating Income Expense
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us-gaap Other Nonoperating Income Expense
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us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments Of Dividends Common Stock
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us-gaap Payments Of Dividends Common Stock
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Payments To Acquire Property Plant And Equipment
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49000000 USD
us-gaap Payments To Develop Software
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104000000 USD
us-gaap Payments To Develop Software
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us-gaap Payments To Minority Shareholders
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55000000 USD
us-gaap Payments To Minority Shareholders
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CY2018Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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235000000 USD
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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CY2018Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
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CY2017Q4 us-gaap Preferred Stock Shares Authorized
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CY2018Q3 us-gaap Preferred Stock Shares Authorized
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CY2017Q4 us-gaap Preferred Stock Shares Issued
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0 shares
CY2018Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
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0 shares
CY2018Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2017Q4 us-gaap Preferred Stock Value
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0 USD
CY2018Q3 us-gaap Preferred Stock Value
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CY2017Q4 us-gaap Prepaid Expense And Other Assets Current
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133000000 USD
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179000000 USD
us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
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9000000 USD
us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
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us-gaap Proceeds From Issuance Of Debt
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us-gaap Proceeds From Issuance Of Debt
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us-gaap Proceeds From Payments For Other Financing Activities
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us-gaap Proceeds From Payments For Other Financing Activities
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us-gaap Proceeds From Repayments Of Commercial Paper
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us-gaap Proceeds From Repayments Of Commercial Paper
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us-gaap Proceeds From Sale Of Equity Method Investments
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438000000 USD
us-gaap Proceeds From Sale Of Equity Method Investments
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CY2017Q3 us-gaap Professional Fees
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us-gaap Professional Fees
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94000000 USD
CY2018Q3 us-gaap Professional Fees
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32000000 USD
us-gaap Professional Fees
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CY2017Q3 us-gaap Profit Loss
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us-gaap Profit Loss
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CY2017 us-gaap Profit Loss
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CY2018Q3 us-gaap Profit Loss
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us-gaap Profit Loss
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CY2017Q4 us-gaap Property Plant And Equipment Net
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us-gaap Repayments Of Debt
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850000000 USD
us-gaap Repayments Of Debt
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600000000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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CY2018Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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817000000 USD
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264000000 USD
CY2018Q3 us-gaap Restricted Cash And Cash Equivalents Noncurrent
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330000000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
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7818000000 USD
CY2017Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4402000000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2018Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
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P2Y
CY2018Q3 us-gaap Securities For Reverse Repurchase Agreements
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CY2017Q3 us-gaap Selling General And Administrative Expense
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us-gaap Selling General And Administrative Expense
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CY2018Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
37000000 USD
us-gaap Selling General And Administrative Expense
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109000000 USD
us-gaap Share Based Compensation
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102000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
93000000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
57.97
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
1873785 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
67.70
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
5748408 shares
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
4491338 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
52.78
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
60.30
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
2751637 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
199000000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
201000000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
49.95
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0140
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0143
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.21
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4013388 shares
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3925279 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
41.13
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
46.09
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
99000000 USD
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
2842961 shares
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
40.14
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
113000000 USD
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
3925279 shares
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
46.09
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
31.58
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
55.07
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
67.23
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P5Y7M6D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P6Y4M7D
CY2017Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
1833000000 USD
CY2018Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
1198000000 USD
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
604345 shares
CY2017 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
CY2017 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
17000000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
19000000 USD
CY2017Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
1200000000.0 USD
CY2018Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
2000000000 USD
CY2018Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
141000000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
16957000000 USD
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
16832000000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
15775000000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
16985000000 USD
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
16854000000 USD
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
17000000 shares
CY2018Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
32000000 shares
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
1076000000 USD
CY2018Q3 us-gaap Treasury Stock Value
TreasuryStockValue
2213000000 USD
CY2017 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
949000000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1059000000 USD
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
592000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
595000000 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
576000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
581000000 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
588000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
591000000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
572000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
577000000 shares
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:10px;text-align:left;padding-left:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;padding-top:10px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain prior period amounts have been reclassified to conform to the current period&#8217;s financial statement presentation.</font></div></div>

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