2016 Q4 Form 10-Q Financial Statement
#000081376216000095 Filed on November 03, 2016
Income Statement
Concept | 2016 Q4 | 2016 Q3 | 2015 Q3 |
---|---|---|---|
Revenue | $3.972B | $4.899B | $3.212B |
YoY Change | 54.85% | 52.52% | -27.36% |
Cost Of Revenue | -$3.112B | $3.378B | $3.224B |
YoY Change | -201.43% | 4.78% | -23.57% |
Gross Profit | $502.0M | $526.0M | $496.0M |
YoY Change | 84.56% | 6.05% | 46.31% |
Gross Profit Margin | 12.64% | 10.74% | 15.44% |
Selling, General & Admin | -$735.0M | $603.0M | $418.0M |
YoY Change | -251.55% | 44.26% | -3.02% |
% of Gross Profit | -146.41% | 114.64% | 84.27% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | -$222.0M | $258.0M | $217.0M |
YoY Change | -200.45% | 18.89% | 7.43% |
% of Gross Profit | -44.22% | 49.05% | 43.75% |
Operating Expenses | -$1.006B | $603.0M | $418.0M |
YoY Change | -256.21% | 44.26% | -3.02% |
Operating Profit | $1.508B | -$77.00M | $78.00M |
YoY Change | -505.38% | -198.72% | -184.78% |
Interest Expense | $24.00M | $222.0M | $296.0M |
YoY Change | -111.82% | -25.0% | 30.97% |
% of Operating Profit | 1.59% | 379.49% | |
Other Income/Expense, Net | -$25.00M | $14.00M | $37.00M |
YoY Change | -1350.0% | -62.16% | -17.78% |
Pretax Income | -$798.0M | $253.0M | -$918.0M |
YoY Change | -64.78% | -127.56% | 42.11% |
Income Tax | -$169.0M | $15.00M | $22.00M |
% Of Pretax Income | 5.93% | ||
Net Earnings | -$206.0M | -$16.00M | -$440.0M |
YoY Change | -81.72% | -96.36% | 23.94% |
Net Earnings / Revenue | -5.19% | -0.33% | -13.7% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$1.448M | -$113.6K | -$3.357M |
COMMON SHARES | |||
Basic Shares Outstanding | 141.7M shares | 138.1M shares | 126.6M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2016 Q4 | 2016 Q3 | 2015 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $2.637B | $2.694B | $3.482B |
YoY Change | -21.52% | -22.63% | -20.52% |
Cash & Equivalents | $1.833B | $2.002B | $2.041B |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | $2.983B | $2.957B | $2.318B |
Prepaid Expenses | |||
Receivables | $1.609B | $1.725B | $1.876B |
Other Receivables | $1.482B | $0.00 | $0.00 |
Total Short-Term Assets | $8.711B | $7.376B | $7.676B |
YoY Change | 19.26% | -3.91% | -8.31% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $10.12B | $11.45B | $9.831B |
YoY Change | 6.16% | 16.43% | 11.63% |
Goodwill | $1.136B | $1.141B | $2.075B |
YoY Change | -24.47% | -45.01% | -1.47% |
Intangibles | $1.116B | $1.107B | $1.132B |
YoY Change | 0.72% | -2.21% | 1.71% |
Long-Term Investments | $9.881B | $9.987B | $13.66B |
YoY Change | -35.63% | -26.89% | -5.55% |
Other Assets | $1.366B | ||
YoY Change | 787.01% | ||
Total Long-Term Assets | $24.66B | $25.71B | $28.78B |
YoY Change | -15.27% | -10.66% | 3.41% |
TOTAL ASSETS | |||
Total Short-Term Assets | $8.711B | $7.376B | $7.676B |
Total Long-Term Assets | $24.66B | $25.71B | $28.78B |
Total Assets | $33.37B | $33.09B | $36.45B |
YoY Change | -8.34% | -9.24% | 0.7% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $5.490B | $4.747B | $6.040B |
YoY Change | -37.14% | -21.41% | 11.93% |
Accrued Expenses | $1.895B | $2.475B | $2.057B |
YoY Change | 3.95% | 20.32% | 15.04% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $7.385B | $7.222B | $8.097B |
YoY Change | -30.04% | -10.81% | 12.71% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $11.12B | $12.97B | $12.18B |
YoY Change | -11.71% | 6.48% | 5.76% |
Other Long-Term Liabilities | $5.237B | $2.414B | $2.549B |
YoY Change | 158.87% | -5.3% | 17.95% |
Total Long-Term Liabilities | $16.36B | $15.39B | $14.73B |
YoY Change | 11.9% | 4.44% | 7.68% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $7.385B | $7.222B | $8.097B |
Total Long-Term Liabilities | $16.36B | $15.39B | $14.73B |
Total Liabilities | $25.35B | $24.29B | $24.17B |
YoY Change | -3.87% | 0.5% | 8.24% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | |||
YoY Change | |||
Common Stock | |||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $2.154B | $2.488B | $5.140B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $33.37B | $33.09B | $36.45B |
YoY Change | -8.34% | -9.24% | 0.7% |
Cashflow Statement
Concept | 2016 Q4 | 2016 Q3 | 2015 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$206.0M | -$16.00M | -$440.0M |
YoY Change | -81.72% | -96.36% | 23.94% |
Depreciation, Depletion And Amortization | -$222.0M | $258.0M | $217.0M |
YoY Change | -200.45% | 18.89% | 7.43% |
Cash From Operating Activities | -$281.0M | $330.0M | $357.0M |
YoY Change | -224.34% | -7.56% | 63.01% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $368.0M | $194.0M | $338.0M |
YoY Change | -226.03% | -42.6% | -184.71% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$546.0M | $9.000M | -$28.00M |
YoY Change | 133.33% | -132.14% | -79.71% |
Cash From Investing Activities | -$178.0M | -$185.0M | -$366.0M |
YoY Change | -66.16% | -49.45% | -31.84% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -221.0M | -59.00M | -89.00M |
YoY Change | -163.51% | -33.71% | -248.33% |
NET CHANGE | |||
Cash From Operating Activities | -281.0M | 330.0M | 357.0M |
Cash From Investing Activities | -178.0M | -185.0M | -366.0M |
Cash From Financing Activities | -221.0M | -59.00M | -89.00M |
Net Change In Cash | -680.0M | 86.00M | -98.00M |
YoY Change | -1516.67% | -187.76% | -62.02% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$281.0M | $330.0M | $357.0M |
Capital Expenditures | $368.0M | $194.0M | $338.0M |
Free Cash Flow | -$649.0M | $136.0M | $19.00M |
YoY Change | -225.29% | 615.79% | -96.93% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.889 | ||
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Amendment Flag
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false | ||
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Current Fiscal Year End Date
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--12-31 | ||
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Document Fiscal Period Focus
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|
Q3 | ||
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Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2016 | ||
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Document Period End Date
DocumentPeriodEndDate
|
2016-09-30 | ||
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Document Type
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10-Q | ||
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Entity Current Reporting Status
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Entity Filer Category
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Entity Registrant Name
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ICAHN ENTERPRISES L.P. | ||
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Entity Well Known Seasoned Issuer
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Yes | ||
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Trading Symbol
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Capital Contributions By Non Controlling Interests
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Capital Contributions By Non Controlling Interests
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Capital Distributions To Non Controlling Interests
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Capital Distributions To Non Controlling Interests
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Depreciation And Amortization Including Non Cash Interest Expense
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Fairvalueofequityinvestmentin Ferrous Resourcespriortoacquisitionofcontrollinginterest
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Cost Of Goods Sold
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Cost Of Goods Sold
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Cost Of Goods Sold
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Deferred Tax Liabilities
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|
1197000000 | USD |
CY2016Q3 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
1680000000 | USD |
CY2015Q3 | us-gaap |
Depreciation
Depreciation
|
190000000 | USD |
us-gaap |
Depreciation
Depreciation
|
556000000 | USD | |
CY2016Q3 | us-gaap |
Depreciation
Depreciation
|
237000000 | USD |
us-gaap |
Depreciation
Depreciation
|
675000000 | USD | |
CY2015Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
217000000 | USD |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
630000000 | USD | |
CY2016Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
253000000 | USD |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
734000000 | USD | |
CY2015Q4 | us-gaap |
Derivative Assets
DerivativeAssets
|
259000000 | USD |
CY2016Q3 | us-gaap |
Derivative Assets
DerivativeAssets
|
20000000 | USD |
us-gaap |
Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
|
2000000 | USD | |
CY2015Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
36000000 | USD |
CY2016Q3 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
768000000 | USD |
CY2016Q1 | us-gaap |
Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
|
1.50 | |
CY2016Q2 | us-gaap |
Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
|
1.50 | |
CY2016Q3 | us-gaap |
Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
|
1.50 | |
CY2016Q2 | us-gaap |
Distribution Made To Limited Partner Unit Distribution
DistributionMadeToLimitedPartnerUnitDistribution
|
2824186 | shares |
CY2016Q2 | us-gaap |
Distribution Made To Limited Partner Unit Distribution
DistributionMadeToLimitedPartnerUnitDistribution
|
3116976 | shares |
CY2016Q3 | us-gaap |
Distribution Made To Limited Partner Unit Distribution
DistributionMadeToLimitedPartnerUnitDistribution
|
3586029 | shares |
CY2015Q3 | us-gaap |
Distributions Per Limited Partnership Unit Outstanding
DistributionsPerLimitedPartnershipUnitOutstanding
|
1.50 | |
us-gaap |
Distributions Per Limited Partnership Unit Outstanding
DistributionsPerLimitedPartnershipUnitOutstanding
|
4.50 | ||
CY2016Q3 | us-gaap |
Distributions Per Limited Partnership Unit Outstanding
DistributionsPerLimitedPartnershipUnitOutstanding
|
1.50 | |
us-gaap |
Distributions Per Limited Partnership Unit Outstanding
DistributionsPerLimitedPartnershipUnitOutstanding
|
4.50 | ||
CY2015Q4 | us-gaap |
Due To Correspondent Brokers
DueToCorrespondentBrokers
|
7317000000 | USD |
CY2016Q3 | us-gaap |
Due To Correspondent Brokers
DueToCorrespondentBrokers
|
3030000000 | USD |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
0 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-22000000 | USD | |
CY2015Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.024 | |
CY2016Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.059 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.051 | ||
CY2015Q3 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.35 | |
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.35 | ||
CY2016Q3 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.35 | |
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.35 | ||
CY2015Q4 | us-gaap |
Financial Instruments Sold Not Yet Purchased At Fair Value
FinancialInstrumentsSoldNotYetPurchasedAtFairValue
|
794000000 | USD |
CY2016Q3 | us-gaap |
Financial Instruments Sold Not Yet Purchased At Fair Value
FinancialInstrumentsSoldNotYetPurchasedAtFairValue
|
1210000000 | USD |
CY2015Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
600000000 | USD |
CY2016Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
669000000 | USD |
CY2015Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
1410000000 | USD |
CY2016Q3 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
1432000000 | USD |
CY2015Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
810000000 | USD |
CY2016Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
763000000 | USD |
us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-1249000000 | USD | |
us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
257000000 | USD | |
CY2015Q3 | us-gaap |
Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
|
-947000000 | USD |
us-gaap |
Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
|
236000000 | USD | |
CY2016Q3 | us-gaap |
Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
|
418000000 | USD |
us-gaap |
Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
|
-826000000 | USD | |
CY2015Q4 | us-gaap |
General Partners Capital Account
GeneralPartnersCapitalAccount
|
-257000000 | USD |
CY2016Q3 | us-gaap |
General Partners Capital Account
GeneralPartnersCapitalAccount
|
-287000000 | USD |
CY2015Q4 | us-gaap |
Goodwill
Goodwill
|
1504000000 | USD |
CY2016Q3 | us-gaap |
Goodwill
Goodwill
|
1141000000 | USD |
CY2015Q4 | us-gaap |
Goodwill Gross
GoodwillGross
|
2397000000 | USD |
CY2016Q3 | us-gaap |
Goodwill Gross
GoodwillGross
|
2608000000 | USD |
CY2015Q4 | us-gaap |
Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
|
893000000 | USD |
CY2016Q3 | us-gaap |
Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
|
1467000000 | USD |
CY2015Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-918000000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
207000000 | USD | |
CY2016Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
253000000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-1575000000 | USD | |
CY2015Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
22000000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
184000000 | USD | |
CY2016Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
15000000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
81000000 | USD | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
13000000 | USD | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
66000000 | USD | |
us-gaap |
Increase Decrease In Broker Dealer Related Receivables Payables Net
IncreaseDecreaseInBrokerDealerRelatedReceivablesPayablesNet
|
598000000 | USD | |
us-gaap |
Increase Decrease In Broker Dealer Related Receivables Payables Net
IncreaseDecreaseInBrokerDealerRelatedReceivablesPayablesNet
|
5087000000 | USD | |
us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-58000000 | USD | |
us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
0 | USD | |
us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
1279000000 | USD | |
us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-520000000 | USD | |
us-gaap |
Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
|
-3000000 | USD | |
us-gaap |
Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
|
-583000000 | USD | |
CY2015Q4 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
298000000 | USD |
CY2016Q3 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
344000000 | USD |
CY2015Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1108000000 | USD |
CY2016Q3 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1107000000 | USD |
CY2015Q4 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
2612000000 | USD |
CY2016Q3 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
2248000000 | USD |
CY2015Q3 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
36000000 | USD |
us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
136000000 | USD | |
CY2016Q3 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
27000000 | USD |
us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
97000000 | USD | |
CY2015Q3 | us-gaap |
Interest Expense
InterestExpense
|
296000000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
853000000 | USD | |
CY2016Q3 | us-gaap |
Interest Expense
InterestExpense
|
222000000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
665000000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
536000000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
538000000 | USD | |
CY2015Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
1510000000 | USD |
CY2016Q3 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
2175000000 | USD |
CY2015Q4 | us-gaap |
Inventory Net
InventoryNet
|
2259000000 | USD |
CY2016Q3 | us-gaap |
Inventory Net
InventoryNet
|
2957000000 | USD |
CY2015Q4 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
457000000 | USD |
CY2016Q3 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
480000000 | USD |
CY2015Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
292000000 | USD |
CY2016Q3 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
302000000 | USD |
us-gaap |
Investment Sold Not Yet Purchased Sale Proceeds
InvestmentSoldNotYetPurchasedSaleProceeds
|
1261000000 | USD | |
us-gaap |
Investment Sold Not Yet Purchased Sale Proceeds
InvestmentSoldNotYetPurchasedSaleProceeds
|
589000000 | USD | |
CY2015Q4 | us-gaap |
Investments
Investments
|
15351000000 | USD |
CY2016Q3 | us-gaap |
Investments
Investments
|
9987000000 | USD |
CY2015Q4 | us-gaap |
Liabilities
Liabilities
|
26370000000 | USD |
CY2016Q3 | us-gaap |
Liabilities
Liabilities
|
24287000000 | USD |
CY2015Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
36403000000 | USD |
CY2016Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
33085000000 | USD |
CY2015Q4 | us-gaap |
Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
|
833000000 | USD |
CY2016Q3 | us-gaap |
Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
|
2090000000 | USD |
CY2015Q4 | us-gaap |
Limited Partners Capital Account
LimitedPartnersCapitalAccount
|
4244000000 | USD |
CY2016Q3 | us-gaap |
Limited Partners Capital Account
LimitedPartnersCapitalAccount
|
2775000000 | USD |
CY2015Q4 | us-gaap |
Limited Partners Capital Account Units Issued
LimitedPartnersCapitalAccountUnitsIssued
|
131481059 | shares |
CY2016Q3 | us-gaap |
Limited Partners Capital Account Units Issued
LimitedPartnersCapitalAccountUnitsIssued
|
141693617 | shares |
CY2015Q4 | us-gaap |
Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
|
131481059 | shares |
CY2016Q3 | us-gaap |
Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
|
141693617 | shares |
CY2015Q4 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
12200000000 | USD |
CY2016Q3 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
12800000000 | USD |
CY2015Q4 | us-gaap |
Minority Interest
MinorityInterest
|
6046000000 | USD |
CY2016Q3 | us-gaap |
Minority Interest
MinorityInterest
|
6310000000 | USD |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
478000000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
279000000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1859000000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1667000000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
510000000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
1322000000 | USD | |
CY2015Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-440000000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-67000000 | USD | |
CY2016Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-16000000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-922000000 | USD | |
CY2015Q3 | us-gaap |
Net Income Loss Allocated To General Partners
NetIncomeLossAllocatedToGeneralPartners
|
-8000000 | USD |
us-gaap |
Net Income Loss Allocated To General Partners
NetIncomeLossAllocatedToGeneralPartners
|
-1000000 | USD | |
CY2016Q3 | us-gaap |
Net Income Loss Allocated To General Partners
NetIncomeLossAllocatedToGeneralPartners
|
0 | USD |
us-gaap |
Net Income Loss Allocated To General Partners
NetIncomeLossAllocatedToGeneralPartners
|
-18000000 | USD | |
CY2015Q3 | us-gaap |
Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
|
-432000000 | USD |
us-gaap |
Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
|
-66000000 | USD | |
CY2016Q3 | us-gaap |
Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
|
-16000000 | USD |
us-gaap |
Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
|
-904000000 | USD | |
CY2015Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-500000000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
90000000 | USD | |
CY2016Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
254000000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-734000000 | USD | |
CY2015Q3 | us-gaap |
Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
|
-3.40 | |
us-gaap |
Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
|
-0.53 | ||
CY2016Q3 | us-gaap |
Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
|
-0.12 | |
us-gaap |
Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
|
-6.70 | ||
CY2015Q3 | us-gaap |
Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
|
-3.40 | |
us-gaap |
Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
|
-0.53 | ||
CY2016Q3 | us-gaap |
Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
|
-0.12 | |
us-gaap |
Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
|
-6.70 | ||
us-gaap |
Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
|
31000000 | USD | |
CY2015Q4 | us-gaap |
Other Assets
OtherAssets
|
1458000000 | USD |
CY2016Q3 | us-gaap |
Other Assets
OtherAssets
|
2028000000 | USD |
CY2015Q3 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
0 | USD |
us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
-1000000 | USD | |
CY2016Q3 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
1000000 | USD |
us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
2000000 | USD | |
CY2015Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-87000000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-167000000 | USD | |
CY2016Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
11000000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
9000000 | USD | |
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
|
-1000000 | USD | |
CY2015Q3 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-10000000 | USD |
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-34000000 | USD | |
CY2016Q3 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-7000000 | USD |
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-17000000 | USD | |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
|
-16000000 | USD | |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
0 | USD | |
CY2015Q3 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
168000000 | USD |
us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
484000000 | USD | |
CY2016Q3 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
342000000 | USD |
us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
902000000 | USD | |
CY2015Q4 | us-gaap |
Other Liabilities Fair Value Disclosure
OtherLiabilitiesFairValueDisclosure
|
3000000 | USD |
CY2016Q3 | us-gaap |
Other Liabilities Fair Value Disclosure
OtherLiabilitiesFairValueDisclosure
|
112000000 | USD |
CY2015Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
37000000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
29000000 | USD | |
CY2016Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
13000000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
53000000 | USD | |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-28000000 | USD | |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
64000000 | USD | |
CY2015Q3 | us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
366000000 | USD |
us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
1042000000 | USD | |
CY2016Q3 | us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
537000000 | USD |
us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
1506000000 | USD | |
us-gaap |
Partners Capital Account Acquisitions
PartnersCapitalAccountAcquisitions
|
90000000 | USD | |
us-gaap |
Partners Capital Account Acquisitions
PartnersCapitalAccountAcquisitions
|
60000000 | USD | |
us-gaap |
Partners Capital Account Contributions
PartnersCapitalAccountContributions
|
1000000 | USD | |
us-gaap |
Partners Capital Account Distributions
PartnersCapitalAccountDistributions
|
87000000 | USD | |
us-gaap |
Partners Capital Account Distributions
PartnersCapitalAccountDistributions
|
81000000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
855000000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
1047000000 | USD | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
107000000 | USD | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
97000000 | USD | |
us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
3753000000 | USD | |
us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
1440000000 | USD | |
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
1067000000 | USD | |
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
615000000 | USD | |
CY2015Q3 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
338000000 | USD |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1067000000 | USD | |
CY2016Q3 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
194000000 | USD |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
615000000 | USD | |
us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
190000000 | USD | |
us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
74000000 | USD | |
CY2015Q4 | us-gaap |
Postemployment Benefits Liability Current And Noncurrent
PostemploymentBenefitsLiabilityCurrentAndNoncurrent
|
1224000000 | USD |
CY2016Q3 | us-gaap |
Postemployment Benefits Liability Current And Noncurrent
PostemploymentBenefitsLiabilityCurrentAndNoncurrent
|
1204000000 | USD |
us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
31000000 | USD | |
us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
0 | USD | |
us-gaap |
Proceeds From Other Debt
ProceedsFromOtherDebt
|
1284000000 | USD | |
us-gaap |
Proceeds From Other Debt
ProceedsFromOtherDebt
|
1905000000 | USD | |
us-gaap |
Proceeds From Partnership Contribution
ProceedsFromPartnershipContribution
|
0 | USD | |
us-gaap |
Proceeds From Partnership Contribution
ProceedsFromPartnershipContribution
|
1000000 | USD | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-68000000 | USD | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-11000000 | USD | |
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
3404000000 | USD | |
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
6863000000 | USD | |
us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
68000000 | USD | |
us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
66000000 | USD | |
CY2015Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-940000000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
23000000 | USD | |
CY2016Q3 | us-gaap |
Profit Loss
ProfitLoss
|
238000000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
-1656000000 | USD | |
CY2015Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
13787000000 | USD |
CY2016Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
16151000000 | USD |
CY2015Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
9678000000 | USD |
CY2016Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
11446000000 | USD |
us-gaap |
Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
|
737000000 | USD | |
us-gaap |
Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
|
1959000000 | USD | |
CY2015Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
1282000000 | USD |
CY2016Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
692000000 | USD |
CY2015Q3 | us-gaap |
Restructuring Charges
RestructuringCharges
|
18000000 | USD |
us-gaap |
Restructuring Charges
RestructuringCharges
|
57000000 | USD | |
CY2016Q3 | us-gaap |
Restructuring Charges
RestructuringCharges
|
8000000 | USD |
us-gaap |
Restructuring Charges
RestructuringCharges
|
29000000 | USD | |
CY2015Q3 | us-gaap |
Revenues
Revenues
|
3212000000 | USD |
us-gaap |
Revenues
Revenues
|
12707000000 | USD | |
CY2016Q3 | us-gaap |
Revenues
Revenues
|
4899000000 | USD |
us-gaap |
Revenues
Revenues
|
12376000000 | USD | |
CY2015Q3 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
3720000000 | USD |
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
11264000000 | USD | |
CY2016Q3 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
3904000000 | USD |
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
11546000000 | USD | |
CY2015Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
418000000 | USD |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
1423000000 | USD | |
CY2016Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
603000000 | USD |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
1736000000 | USD | |
us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
35000000 | USD | |
CY2015Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3987000000 | USD |
CY2016Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2488000000 | USD |
CY2014Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
12390000000 | USD |
CY2015Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
12286000000 | USD |
CY2015Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
10033000000 | USD |
CY2016Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
8798000000 | USD |
us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
-50000000 | USD | |
us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
-27000000 | USD | |
CY2015Q3 | us-gaap |
Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
|
127000000 | shares |
us-gaap |
Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
|
125000000 | shares | |
CY2016Q3 | us-gaap |
Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
|
139000000 | shares |
us-gaap |
Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
|
135000000 | shares | |
CY2015Q3 | us-gaap |
Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
|
127000000 | shares |
us-gaap |
Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
|
125000000 | shares | |
CY2016Q3 | us-gaap |
Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
|
139000000 | shares |
us-gaap |
Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
|
135000000 | shares | |
us-gaap |
Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Recently Issued Accounting Standards </font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2014, the FASB issued ASU No. 2014-09, creating a new topic, FASB ASC Topic 606, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers</font><font style="font-family:inherit;font-size:10pt;">, superseding revenue recognition requirements in FASB ASC Topic 605, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue Recognition</font><font style="font-family:inherit;font-size:10pt;">. This ASU requires that an entity recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled to in exchange for those goods or services. In addition, an entity is required to disclose sufficient information to enable users of financial statements to understand the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. This ASU was amended by ASU No. 2015-14, issued in August 2015, which deferred the original effective date by one year; the effective date of this ASU is for fiscal years, and interim reporting periods within those years, beginning after December 15, 2017, using one of two retrospective application methods. In addition, the FASB issued other amendments during 2016 to FASB ASC Topic 606, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers</font><font style="font-family:inherit;font-size:10pt;">, that include implementation guidance to principal versus agent considerations, guidance to identifying performance obligations and licensing guidance and other narrow scope improvements. Early adoption is permitted only as of the annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. Given the complexity of our operations, we continue to evaluate the impact of these guidance on our consolidated financial position, results of operations, comprehensive income, cash flows and disclosures. We will adopt these new guidance on January 1, 2018 using the modified retrospective application method.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In July 2015, the FASB issued ASU No. 2015-11, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Simplifying the Measurement of Inventory</font><font style="font-family:inherit;font-size:10pt;">, which amends FASB ASC Topic 330, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Inventory</font><font style="font-family:inherit;font-size:10pt;">. This ASU requires entities to measure inventory at the lower of cost or net realizable value and eliminates the option that currently exists for measuring inventory at market value. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. This ASU is effective for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. This ASU should be applied prospectively with earlier application permitted as of the beginning of an interim period or annual reporting period. We anticipate that the adoption of this guidance will have minimal impact on our consolidated financial position, results of operations, comprehensive income, cash flows and disclosures.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In January 2016, the FASB issued ASU No. 2016-01, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Financial Instruments - Overall</font><font style="font-family:inherit;font-size:10pt;">, which amends FASB ASC Topic 825, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Financial Instruments</font><font style="font-family:inherit;font-size:10pt;">. This ASU requires that equity investments (except those accounted for under the equity method of accounting or those that result in the consolidation of the investee) to be measured at fair value with changes recognized in earnings. However, an entity may choose to measure equity investments that do not have readily determinable fair values at cost minus impairment. In addition, there were other amendments to certain disclosure and presentation matters pertaining to financial instruments, including the requirement of an entity to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes. This ASU is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. The amendments in this ASU should be applied by means of a cumulative-effect adjustment to the balance sheet as of the beginning of the fiscal year of adoption. The amendments related to equity securities without readily determinable fair values should be applied prospectively to equity investments that exist as of the date of adoption. Early application is permitted for certain matters only. We are currently evaluating the impact of this guidance on our consolidated financial position, results of operations, comprehensive income, cash flows and disclosures.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2016, the FASB issued ASU No. 2016-02, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Leases (Topic 842)</font><font style="font-family:inherit;font-size:10pt;">, which supersedes FASB ASC Topic 840, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Leases</font><font style="font-family:inherit;font-size:10pt;">. This ASU requires the recognition of lease assets and lease liabilities by lessees for those leases classified as operating leases under previous guidance. In addition, among other changes to the accounting for leases, this ASU retains the distinction between finance leases and operating leases. The classification criteria for distinguishing between finance leases and operating leases are substantially similar to the classification criteria for distinguishing between capital leases and operating leases in the previous guidance. This ASU is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The amendments in this ASU should be applied using a modified retrospective approach. Early application is permitted. We are currently evaluating the impact of this guidance on our consolidated financial position, results of operations, comprehensive income, cash flows and disclosures.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In March 2016, the FASB issued ASU No. 2016-07, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Simplifying the transition to equity method of accounting</font><font style="font-family:inherit;font-size:10pt;">, which amends FASB ASC Topic 323, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Investments - Equity Method and Joint Ventures</font><font style="font-family:inherit;font-size:10pt;">. This ASU eliminates the retroactive adjustment of an investment that qualifies for the equity method as a result of an increase in the level of ownership or degree of influence as if the equity method had been in effect during all previous periods that the investment had been held. The amendments in this ASU are effective for interim and annual fiscal years beginning after December 15, 2016. Earlier application is permitted. We anticipate that the adoption of this guidance will have minimal impact on our consolidated financial position, results of operations, comprehensive income, cash flows and disclosures.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In June 2016, the FASB issued ASU No. 2016-13, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Measurement of credit losses on financial instruments</font><font style="font-family:inherit;font-size:10pt;">, which amends FASB ASC Topic 326, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Financial Instruments - Credit Losses. </font><font style="font-family:inherit;font-size:10pt;">This ASU requires financial assets measured at amortized cost to be presented at the net amount to be collected and broadens the information, including forecasted information incorporating more timely information, that an entity must consider in developing its expected credit loss estimate for assets measured. We are currently evaluating the impact of this guidance on our consolidated financial position, results of operations, comprehensive income, cash flows and disclosures.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In August 2016, the FASB issued ASU No. 2016-15, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Classification of Certain Cash Receipts and Cash Payment</font><font style="font-family:inherit;font-size:10pt;">s, which amends FASB ASC Topic 230, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Statement of Cash Flows. </font><font style="font-family:inherit;font-size:10pt;">This ASU seeks to reduce the diversity currently in practice by providing guidance on the presentation of eight specific cash flow issues in the statement of cash flows. This ASU is effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. We are currently evaluating the impact of this guidance on our consolidated statement of cash flows.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In October 2016, the FASB issued ASU No. 2016-16, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Intra-Entity Transfers of Assets Other Than Inventory</font><font style="font-family:inherit;font-size:10pt;">, which amends FASB ASC Topic 740, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Income Taxes</font><font style="font-family:inherit;font-size:10pt;">. This ASU requires the recognition of income tax consequences of an intra-entity transfer of an asset other than inventory when the transfer occurs. Current GAAP prohibits the recognition of current and deferred incomes taxes for an intra-entity asset transfer until the asset has been sold to an outside party. This ASU is effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted. We are currently evaluating the impact of this guidance on our consolidated financial position, results of operations, comprehensive income, cash flows and disclosures.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In October 2016, the FASB issued ASU No. 2016-17, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Interests Held Through Related Parties That Are Under Common Control, </font><font style="font-family:inherit;font-size:10pt;">which amends FASB ASC Topic 810, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Consolidation</font><font style="font-family:inherit;font-size:10pt;">. This ASU requires that a reporting entity, in determining whether it satisfies the characteristics of a primary beneficiary, to include all of its direct variable interests in a VIE and, on a proportionate basis, its indirect variable interests in a VIE held through related parties, including related parties that are under common control with the reporting entity. Current GAAP requires that a single decision maker to consider indirect interests in the entity held through related parties to be the equivalent of direct interests in their entirety. This ASU is effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted. We are currently evaluating the impact of this guidance on our consolidated financial position, results of operations, comprehensive income, cash flows and disclosures.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;"></font></div></div> | ||
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:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;font-style:italic;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;">Certain reclassifications from the prior year presentation have been made to conform to the current year presentation.</font></div></div> |