2024 Q3 Form 10-Q Financial Statement

#000005125324000032 Filed on August 06, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2 2023 Q2
Revenue $2.925B $2.889B $2.929B
YoY Change 3.72% -1.37% -11.43%
Cost Of Revenue $1.873B $1.821B $1.996B
YoY Change -1.21% -8.77% -8.06%
Gross Profit $1.052B $1.068B $933.0M
YoY Change 13.85% 14.47% -17.87%
Gross Profit Margin 35.97% 36.97% 31.85%
Selling, General & Admin $495.0M $493.0M $445.0M
YoY Change 11.49% 10.79% -2.41%
% of Gross Profit 47.05% 46.16% 47.7%
Research & Development $162.0M $173.0M $161.0M
YoY Change 3.18% 7.45% 1.9%
% of Gross Profit 15.4% 16.2% 17.26%
Depreciation & Amortization $102.0M $93.00M $115.0M
YoY Change -16.39% -19.13% -61.79%
% of Gross Profit 9.7% 8.71% 12.33%
Operating Expenses $657.0M $666.0M $606.0M
YoY Change 9.32% 9.9% -1.3%
Operating Profit $249.0M $191.0M $145.0M
YoY Change 66.0% 31.72% -31.92%
Interest Expense $74.00M $79.00M $116.0M
YoY Change -32.73% -31.9% 50.65%
% of Operating Profit 29.72% 41.36% 80.0%
Other Income/Expense, Net -$28.00M -$15.00M $21.00M
YoY Change -247.37% -171.43% -450.0%
Pretax Income $95.00M $183.0M $50.00M
YoY Change 61.02% 266.0% -61.54%
Income Tax $35.00M $11.00M $23.00M
% Of Pretax Income 36.84% 6.01% 46.0%
Net Earnings $59.00M $170.0M $27.00M
YoY Change 136.0% 529.63% -74.77%
Net Earnings / Revenue 2.02% 5.88% 0.92%
Basic Earnings Per Share $0.23 $0.67 $0.11
Diluted Earnings Per Share $0.23 $0.66 $0.11
COMMON SHARES
Basic Shares Outstanding 255.7M shares 255.4M shares 255.1M shares
Diluted Shares Outstanding 257.0M shares 256.0M shares 255.0M shares

Balance Sheet

Concept 2024 Q3 2024 Q2 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $567.0M $671.0M $638.0M
YoY Change -9.86% 5.17% 12.13%
Cash & Equivalents $567.0M $671.0M $638.0M
Short-Term Investments
Other Short-Term Assets $770.0M $728.0M $898.0M
YoY Change -13.48% -18.93% 15.42%
Inventory $2.200B $2.160B $2.790B
Prepaid Expenses $229.0M $217.0M $187.0M
Receivables $1.772B $1.775B $1.887B
Other Receivables $289.0M $294.0M $382.0M
Total Short-Term Assets $8.423B $8.149B $6.436B
YoY Change 31.79% 26.62% -16.74%
LONG-TERM ASSETS
Property, Plant & Equipment $3.772B $3.763B $4.218B
YoY Change -8.58% -10.79% 0.98%
Goodwill $9.349B $9.282B $13.50B
YoY Change -28.26% -31.23% -16.01%
Intangibles
YoY Change
Long-Term Investments $10.00M $11.00M $11.00M
YoY Change 0.0% 0.0% -86.9%
Other Assets $968.0M $805.0M $754.0M
YoY Change 26.87% 6.76% 3.86%
Total Long-Term Assets $21.51B $21.39B $28.02B
YoY Change -20.36% -23.66% -11.25%
TOTAL ASSETS
Total Short-Term Assets $8.423B $8.149B $6.436B
Total Long-Term Assets $21.51B $21.39B $28.02B
Total Assets $29.93B $29.54B $34.46B
YoY Change -10.38% -14.27% -12.33%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.211B $1.272B $1.227B
YoY Change 8.9% 3.67% -22.14%
Accrued Expenses $732.0M $584.0M $550.0M
YoY Change 23.86% 6.18% -0.72%
Deferred Revenue
YoY Change
Short-Term Debt $2.000M $0.00 $159.0M
YoY Change -100.0% -80.03%
Long-Term Debt Due $468.0M $783.0M $1.362B
YoY Change -59.02% -42.51% -22.13%
Total Short-Term Liabilities $3.218B $3.425B $3.932B
YoY Change -12.63% -12.89% -16.69%
LONG-TERM LIABILITIES
Long-Term Debt $8.631B $8.596B $9.208B
YoY Change -5.76% -6.65% -11.15%
Other Long-Term Liabilities $613.0M $572.0M $504.0M
YoY Change 29.05% 13.49% 9.09%
Total Long-Term Liabilities $11.90B $11.83B $12.81B
YoY Change -5.88% -7.68% -9.81%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.218B $3.425B $3.932B
Total Long-Term Liabilities $11.90B $11.83B $12.81B
Total Liabilities $15.12B $15.25B $16.74B
YoY Change -7.4% -8.91% -11.53%
SHAREHOLDERS EQUITY
Retained Earnings -$2.457B -$2.414B $560.0M
YoY Change -750.0% -531.07% -84.4%
Common Stock $19.94B $19.93B $19.89B
YoY Change 0.19% 0.22% 0.13%
Preferred Stock
YoY Change
Treasury Stock (at cost) $945.0M $946.0M $966.0M
YoY Change -1.97% -2.07% -1.43%
Treasury Stock Shares
Shareholders Equity $14.78B $14.25B $17.62B
YoY Change
Total Liabilities & Shareholders Equity $29.93B $29.54B $34.46B
YoY Change -10.38% -14.27% -12.33%

Cashflow Statement

Concept 2024 Q3 2024 Q2 2023 Q2
OPERATING ACTIVITIES
Net Income $59.00M $170.0M $27.00M
YoY Change 136.0% 529.63% -74.77%
Depreciation, Depletion And Amortization $102.0M $93.00M $115.0M
YoY Change -16.39% -19.13% -61.79%
Cash From Operating Activities $366.0M $237.0M $248.0M
YoY Change -12.86% -4.44% -358.33%
INVESTING ACTIVITIES
Capital Expenditures $108.0M $82.00M $115.0M
YoY Change 8.0% -28.7% -210.58%
Acquisitions
YoY Change
Other Investing Activities $30.00M $824.0M $834.0M
YoY Change -83.87% -1.2% -789.26%
Cash From Investing Activities -$78.00M $742.0M $719.0M
YoY Change -190.7% 3.2% -419.56%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -421.0M -1.063B -944.0M
YoY Change -1.41% 12.61% -434.75%
NET CHANGE
Cash From Operating Activities 366.0M 237.0M 248.0M
Cash From Investing Activities -78.00M 742.0M 719.0M
Cash From Financing Activities -421.0M -1.063B -944.0M
Net Change In Cash -133.0M -84.00M 23.00M
YoY Change -268.35% -465.22% -158.97%
FREE CASH FLOW
Cash From Operating Activities $366.0M $237.0M $248.0M
Capital Expenditures $108.0M $82.00M $115.0M
Free Cash Flow $258.0M $155.0M $133.0M
YoY Change -19.38% 16.54% 1562.5%

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<div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:6pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements requires management to make estimates and judgments that affect the amounts reported in the Consolidated Financial Statements and accompanying notes. The inputs into the Company’s judgments and estimates take into account the ongoing global current events and adverse macroeconomic impacts on our critical and significant accounting estimates, including estimates associated with future cash flows that are used in assessing the risk of impairment of certain assets. Actual results could differ from those estimates.</span></div>
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CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2024Q2 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
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CY2023Q4 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
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CY2023Q2 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
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CY2022Q4 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
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CY2024Q2 us-gaap Restricted Cash Current
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CY2023Q2 us-gaap Restricted Cash Current
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CY2022Q4 us-gaap Restricted Cash Current
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CY2024Q2 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
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CY2023Q4 us-gaap Restricted Cash Noncurrent
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CY2023Q2 us-gaap Restricted Cash Noncurrent
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CY2022Q4 us-gaap Restricted Cash Noncurrent
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CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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iff Proceeds From Sale Of Accounts Receivable
ProceedsFromSaleOfAccountsReceivable
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iff Proceeds From Sale Of Accounts Receivable
ProceedsFromSaleOfAccountsReceivable
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CY2024Q2 iff Payments To Participate In Factoring Receivable Program
PaymentsToParticipateInFactoringReceivableProgram
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CY2023Q2 iff Payments To Participate In Factoring Receivable Program
PaymentsToParticipateInFactoringReceivableProgram
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iff Payments To Participate In Factoring Receivable Program
PaymentsToParticipateInFactoringReceivableProgram
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iff Payments To Participate In Factoring Receivable Program
PaymentsToParticipateInFactoringReceivableProgram
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CY2024Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2023Q4 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
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CY2023Q2 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
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CY2022Q4 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
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CY2024Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
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CY2023Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
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CY2023Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
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CY2022Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
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CY2024Q2 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
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CY2023Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
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CY2023Q2 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
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CY2022Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
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CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
735000000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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iff Proceeds From Sale Of Accounts Receivable
ProceedsFromSaleOfAccountsReceivable
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iff Proceeds From Sale Of Accounts Receivable
ProceedsFromSaleOfAccountsReceivable
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CY2024Q2 iff Payments To Participate In Factoring Receivable Program
PaymentsToParticipateInFactoringReceivableProgram
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CY2023Q2 iff Payments To Participate In Factoring Receivable Program
PaymentsToParticipateInFactoringReceivableProgram
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iff Payments To Participate In Factoring Receivable Program
PaymentsToParticipateInFactoringReceivableProgram
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iff Payments To Participate In Factoring Receivable Program
PaymentsToParticipateInFactoringReceivableProgram
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CY2024Q2 us-gaap Receivables Net Current
ReceivablesNetCurrent
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CY2024Q2 iff Accounts Receivables Outstanding By Over365 Days
AccountsReceivablesOutstandingByOver365Days
0.01
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
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CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
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us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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CY2024Q2 us-gaap Receivables Net Current
ReceivablesNetCurrent
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CY2024Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
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CY2024Q2 iff Accounts Receivables Outstanding By Over365 Days
AccountsReceivablesOutstandingByOver365Days
0.01
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
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CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
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us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
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us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
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us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
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us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
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iff Accounts Receivable Allowancefor Credit Loss Foreign Currency Translation
AccountsReceivableAllowanceforCreditLossForeignCurrencyTranslation
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iff Accounts Receivable Allowancefor Credit Loss Foreign Currency Translation
AccountsReceivableAllowanceforCreditLossForeignCurrencyTranslation
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iff Accounts Receivable Allowancefor Credit Loss Foreign Currency Translation
AccountsReceivableAllowanceforCreditLossForeignCurrencyTranslation
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iff Accounts Receivable Allowancefor Credit Loss Foreign Currency Translation
AccountsReceivableAllowanceforCreditLossForeignCurrencyTranslation
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CY2024Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
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CY2024Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
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CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
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CY2024Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
708000000 usd
CY2024Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
708000000 usd
CY2023Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
779000000 usd
CY2023Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
779000000 usd
CY2024Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
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CY2024Q2 us-gaap Inventory Net
InventoryNet
2160000000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
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CY2024Q2 us-gaap Supplier Finance Program Obligation
SupplierFinanceProgramObligation
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CY2023Q4 us-gaap Supplier Finance Program Obligation
SupplierFinanceProgramObligation
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CY2024Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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CY2024Q2 iff Increase Decrease In Redemption Value Redeemable Noncontrolling Interest
IncreaseDecreaseInRedemptionValueRedeemableNoncontrollingInterest
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CY2023Q2 iff Increase Decrease In Redemption Value Redeemable Noncontrolling Interest
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iff Increase Decrease In Redemption Value Redeemable Noncontrolling Interest
IncreaseDecreaseInRedemptionValueRedeemableNoncontrollingInterest
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iff Increase Decrease In Redemption Value Redeemable Noncontrolling Interest
IncreaseDecreaseInRedemptionValueRedeemableNoncontrollingInterest
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CY2024Q2 iff Net Income Loss Available To Common Stockholders Adjustment
NetIncomeLossAvailableToCommonStockholdersAdjustment
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CY2023Q2 iff Net Income Loss Available To Common Stockholders Adjustment
NetIncomeLossAvailableToCommonStockholdersAdjustment
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iff Net Income Loss Available To Common Stockholders Adjustment
NetIncomeLossAvailableToCommonStockholdersAdjustment
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iff Net Income Loss Available To Common Stockholders Adjustment
NetIncomeLossAvailableToCommonStockholdersAdjustment
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CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
255000000 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
255000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
255000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
255000000 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
256000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
256000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
255000000 shares
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.67
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.66
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.11
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.90
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
CY2024Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.40
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
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CY2024Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
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CY2023Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
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CY2024Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
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CY2023Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
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CY2024Q2 us-gaap Inventory Net
InventoryNet
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CY2023Q4 us-gaap Inventory Net
InventoryNet
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CY2024Q2 us-gaap Supplier Finance Program Obligation
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CY2023Q4 us-gaap Supplier Finance Program Obligation
SupplierFinanceProgramObligation
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CY2024Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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CY2024Q2 iff Increase Decrease In Redemption Value Redeemable Noncontrolling Interest
IncreaseDecreaseInRedemptionValueRedeemableNoncontrollingInterest
0 usd
CY2023Q2 iff Increase Decrease In Redemption Value Redeemable Noncontrolling Interest
IncreaseDecreaseInRedemptionValueRedeemableNoncontrollingInterest
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iff Increase Decrease In Redemption Value Redeemable Noncontrolling Interest
IncreaseDecreaseInRedemptionValueRedeemableNoncontrollingInterest
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iff Increase Decrease In Redemption Value Redeemable Noncontrolling Interest
IncreaseDecreaseInRedemptionValueRedeemableNoncontrollingInterest
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CY2024Q2 iff Net Income Loss Available To Common Stockholders Adjustment
NetIncomeLossAvailableToCommonStockholdersAdjustment
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CY2023Q2 iff Net Income Loss Available To Common Stockholders Adjustment
NetIncomeLossAvailableToCommonStockholdersAdjustment
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iff Net Income Loss Available To Common Stockholders Adjustment
NetIncomeLossAvailableToCommonStockholdersAdjustment
230000000 usd
iff Net Income Loss Available To Common Stockholders Adjustment
NetIncomeLossAvailableToCommonStockholdersAdjustment
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CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
255000000 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
255000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
255000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
255000000 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
256000000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
255000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
256000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
255000000 shares
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.67
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.07
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.66
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.11
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.90
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
CY2024Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.40
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.81
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.80
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.62
CY2024Q2 iff Participating Securities Distributed And Undistributed Earnings Loss Difference Between Basic Net Income Loss Per Share
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDifferenceBetweenBasicNetIncomeLossPerShare
0.01
CY2023Q2 iff Participating Securities Distributed And Undistributed Earnings Loss Difference Between Basic Net Income Loss Per Share
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDifferenceBetweenBasicNetIncomeLossPerShare
0.01
CY2024Q2 iff Participating Securities Distributed And Undistributed Earnings Loss Difference Between Basic Net Income Loss Per Share
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDifferenceBetweenBasicNetIncomeLossPerShare
0.01
CY2023Q2 iff Participating Securities Distributed And Undistributed Earnings Loss Difference Between Basic Net Income Loss Per Share
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDifferenceBetweenBasicNetIncomeLossPerShare
0.01
iff Participating Securities Distributed And Undistributed Earnings Loss Difference Between Basic Net Income Loss Per Share
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDifferenceBetweenBasicNetIncomeLossPerShare
0
CY2024Q2 iff Participating Securities Distributed And Undistributed Earnings Loss Difference Between Diluted Net Income Loss Per Share
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDifferenceBetweenDilutedNetIncomeLossPerShare
0.01
iff Participating Securities Distributed And Undistributed Earnings Loss Difference Between Diluted Net Income Loss Per Share
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDifferenceBetweenDilutedNetIncomeLossPerShare
0.01
CY2023Q2 iff Participating Securities Distributed And Undistributed Earnings Loss Difference Between Diluted Net Income Loss Per Share
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDifferenceBetweenDilutedNetIncomeLossPerShare
0.01
iff Participating Securities Distributed And Undistributed Earnings Loss Difference Between Diluted Net Income Loss Per Share
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDifferenceBetweenDilutedNetIncomeLossPerShare
0.01
CY2024Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
64000000 usd
CY2024Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
64000000 usd
CY2024Q2 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
102000000 usd
CY2023Q4 us-gaap Restructuring Reserve
RestructuringReserve
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us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
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us-gaap Restructuring Reserve Settled Without Cash2
RestructuringReserveSettledWithoutCash2
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us-gaap Payments For Restructuring
PaymentsForRestructuring
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CY2024Q2 us-gaap Restructuring Reserve
RestructuringReserve
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CY2024Q2 us-gaap Restructuring Charges
RestructuringCharges
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CY2023Q2 us-gaap Restructuring Charges
RestructuringCharges
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us-gaap Restructuring Charges
RestructuringCharges
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us-gaap Restructuring Charges
RestructuringCharges
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CY2024Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
26000000 usd
CY2023Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
20000000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
45000000 usd
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.80
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.62
CY2024Q2 iff Participating Securities Distributed And Undistributed Earnings Loss Difference Between Basic Net Income Loss Per Share
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDifferenceBetweenBasicNetIncomeLossPerShare
0.01
CY2023Q2 iff Participating Securities Distributed And Undistributed Earnings Loss Difference Between Basic Net Income Loss Per Share
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDifferenceBetweenBasicNetIncomeLossPerShare
0.01
CY2024Q2 iff Participating Securities Distributed And Undistributed Earnings Loss Difference Between Basic Net Income Loss Per Share
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDifferenceBetweenBasicNetIncomeLossPerShare
0.01
CY2023Q2 iff Participating Securities Distributed And Undistributed Earnings Loss Difference Between Basic Net Income Loss Per Share
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDifferenceBetweenBasicNetIncomeLossPerShare
0.01
iff Participating Securities Distributed And Undistributed Earnings Loss Difference Between Basic Net Income Loss Per Share
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDifferenceBetweenBasicNetIncomeLossPerShare
0
CY2024Q2 iff Participating Securities Distributed And Undistributed Earnings Loss Difference Between Diluted Net Income Loss Per Share
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDifferenceBetweenDilutedNetIncomeLossPerShare
0.01
iff Participating Securities Distributed And Undistributed Earnings Loss Difference Between Diluted Net Income Loss Per Share
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDifferenceBetweenDilutedNetIncomeLossPerShare
0.01
CY2023Q2 iff Participating Securities Distributed And Undistributed Earnings Loss Difference Between Diluted Net Income Loss Per Share
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDifferenceBetweenDilutedNetIncomeLossPerShare
0.01
iff Participating Securities Distributed And Undistributed Earnings Loss Difference Between Diluted Net Income Loss Per Share
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDifferenceBetweenDilutedNetIncomeLossPerShare
0.01
CY2024Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
64000000 usd
CY2024Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
64000000 usd
CY2024Q2 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
102000000 usd
CY2023Q4 us-gaap Restructuring Reserve
RestructuringReserve
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us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
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us-gaap Payments For Restructuring
PaymentsForRestructuring
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CY2024Q2 us-gaap Restructuring Reserve
RestructuringReserve
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CY2024Q2 us-gaap Restructuring Charges
RestructuringCharges
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CY2023Q2 us-gaap Restructuring Charges
RestructuringCharges
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us-gaap Restructuring Charges
RestructuringCharges
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CY2024Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
26000000 usd
CY2023Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
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us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
45000000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
32000000 usd
CY2024Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
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CY2023Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
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us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
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us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
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CY2023Q2 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
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us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
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us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
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CY2024Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
112000000 usd
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
4 segment
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2889000000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2929000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5788000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5956000000 usd
CY2024Q2 iff Adjusted Operating Ebitda
AdjustedOperatingEBITDA
588000000 usd
CY2023Q2 iff Adjusted Operating Ebitda
AdjustedOperatingEBITDA
510000000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
32000000 usd
CY2024Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
5000000 usd
CY2023Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
4000000 usd
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
9000000 usd
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
6000000 usd
CY2024Q2 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
21000000 usd
CY2023Q2 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
16000000 usd
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
36000000 usd
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
26000000 usd
CY2024Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
112000000 usd
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
4 segment
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2889000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5788000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5956000000 usd
CY2024Q2 iff Adjusted Operating Ebitda
AdjustedOperatingEBITDA
588000000 usd
iff Adjusted Operating Ebitda
AdjustedOperatingEBITDA
1166000000 usd
iff Adjusted Operating Ebitda
AdjustedOperatingEBITDA
1013000000 usd
CY2023Q2 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
287000000 usd
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
524000000 usd
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
563000000 usd
CY2024Q2 us-gaap Interest Expense
InterestExpense
79000000 usd
CY2023Q2 us-gaap Interest Expense
InterestExpense
101000000 usd
us-gaap Interest Expense
InterestExpense
162000000 usd
us-gaap Interest Expense
InterestExpense
201000000 usd
CY2024Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-15000000 usd
CY2023Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
11000000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-16000000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
8000000 usd
CY2024Q2 us-gaap Restructuring Charges
RestructuringCharges
2000000 usd
CY2023Q2 us-gaap Restructuring Charges
RestructuringCharges
7000000 usd
us-gaap Restructuring Charges
RestructuringCharges
5000000 usd
us-gaap Restructuring Charges
RestructuringCharges
59000000 usd
CY2024Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
64000000 usd
CY2023Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
64000000 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2024Q2 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
368000000 usd
CY2023Q2 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
-5000000 usd
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
368000000 usd
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
-19000000 usd
CY2024Q2 iff Gain Loss On Held For Sale Classification
GainLossOnHeldForSaleClassification
-282000000 usd
CY2023Q2 iff Gain Loss On Held For Sale Classification
GainLossOnHeldForSaleClassification
0 usd
iff Gain Loss On Held For Sale Classification
GainLossOnHeldForSaleClassification
-282000000 usd
iff Gain Loss On Held For Sale Classification
GainLossOnHeldForSaleClassification
0 usd
CY2024Q2 iff Business Combination Divestitures And Integration Costs
BusinessCombinationDivestituresAndIntegrationCosts
59000000 usd
CY2023Q2 iff Business Combination Divestitures And Integration Costs
BusinessCombinationDivestituresAndIntegrationCosts
45000000 usd
iff Business Combination Divestitures And Integration Costs
BusinessCombinationDivestituresAndIntegrationCosts
117000000 usd
CY2024Q2 iff Strategic Initiatives Costs
StrategicInitiativesCosts
12000000 usd
CY2023Q2 iff Strategic Initiatives Costs
StrategicInitiativesCosts
9000000 usd
iff Strategic Initiatives Costs
StrategicInitiativesCosts
16000000 usd
iff Strategic Initiatives Costs
StrategicInitiativesCosts
22000000 usd
CY2024Q2 us-gaap Legal Fees
LegalFees
19000000 usd
CY2023Q2 us-gaap Legal Fees
LegalFees
14000000 usd
iff Adjusted Operating Ebitda
AdjustedOperatingEBITDA
1166000000 usd
iff Adjusted Operating Ebitda
AdjustedOperatingEBITDA
1013000000 usd
CY2024Q2 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
246000000 usd
CY2023Q2 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
287000000 usd
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
524000000 usd
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
563000000 usd
CY2024Q2 us-gaap Interest Expense
InterestExpense
79000000 usd
CY2023Q2 us-gaap Interest Expense
InterestExpense
101000000 usd
us-gaap Interest Expense
InterestExpense
162000000 usd
us-gaap Interest Expense
InterestExpense
201000000 usd
CY2024Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-15000000 usd
CY2023Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
11000000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
8000000 usd
CY2024Q2 us-gaap Restructuring Charges
RestructuringCharges
2000000 usd
CY2023Q2 us-gaap Restructuring Charges
RestructuringCharges
7000000 usd
us-gaap Restructuring Charges
RestructuringCharges
5000000 usd
us-gaap Restructuring Charges
RestructuringCharges
59000000 usd
CY2024Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
64000000 usd
CY2023Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
64000000 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2024Q2 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
368000000 usd
CY2023Q2 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
-5000000 usd
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
368000000 usd
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
-19000000 usd
CY2024Q2 iff Gain Loss On Held For Sale Classification
GainLossOnHeldForSaleClassification
-282000000 usd
CY2023Q2 iff Gain Loss On Held For Sale Classification
GainLossOnHeldForSaleClassification
0 usd
iff Gain Loss On Held For Sale Classification
GainLossOnHeldForSaleClassification
-282000000 usd
iff Gain Loss On Held For Sale Classification
GainLossOnHeldForSaleClassification
0 usd
CY2024Q2 iff Business Combination Divestitures And Integration Costs
BusinessCombinationDivestituresAndIntegrationCosts
59000000 usd
CY2023Q2 iff Business Combination Divestitures And Integration Costs
BusinessCombinationDivestituresAndIntegrationCosts
45000000 usd
iff Business Combination Divestitures And Integration Costs
BusinessCombinationDivestituresAndIntegrationCosts
117000000 usd
iff Business Combination Divestitures And Integration Costs
BusinessCombinationDivestituresAndIntegrationCosts
76000000 usd
CY2024Q2 iff Strategic Initiatives Costs
StrategicInitiativesCosts
12000000 usd
CY2023Q2 iff Strategic Initiatives Costs
StrategicInitiativesCosts
9000000 usd
iff Strategic Initiatives Costs
StrategicInitiativesCosts
16000000 usd
iff Strategic Initiatives Costs
StrategicInitiativesCosts
22000000 usd
CY2024Q2 us-gaap Legal Fees
LegalFees
19000000 usd
CY2023Q2 us-gaap Legal Fees
LegalFees
14000000 usd
us-gaap Legal Fees
LegalFees
54000000 usd
us-gaap Legal Fees
LegalFees
19000000 usd
CY2024Q2 iff Other Costs Credits
OtherCostsCredits
5000000 usd
CY2023Q2 iff Other Costs Credits
OtherCostsCredits
-3000000 usd
iff Other Costs Credits
OtherCostsCredits
4000000 usd
iff Other Costs Credits
OtherCostsCredits
2000000 usd
CY2024Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
183000000 usd
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
50000000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
298000000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
64000000 usd
CY2024Q2 iff Business Divestiture Costs
BusinessDivestitureCosts
56000000 usd
CY2024Q2 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
3000000 usd
CY2023Q2 iff Business Divestiture Costs
BusinessDivestitureCosts
20000000 usd
CY2023Q2 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
20000000 usd
CY2023Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
5000000 usd
us-gaap Legal Fees
LegalFees
54000000 usd
us-gaap Legal Fees
LegalFees
19000000 usd
CY2024Q2 iff Other Costs Credits
OtherCostsCredits
5000000 usd
CY2023Q2 iff Other Costs Credits
OtherCostsCredits
-3000000 usd
iff Other Costs Credits
OtherCostsCredits
4000000 usd
iff Other Costs Credits
OtherCostsCredits
2000000 usd
CY2024Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
183000000 usd
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
50000000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
298000000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
64000000 usd
CY2024Q2 iff Business Divestiture Costs
BusinessDivestitureCosts
56000000 usd
CY2024Q2 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
3000000 usd
CY2023Q2 iff Business Divestiture Costs
BusinessDivestitureCosts
20000000 usd
CY2023Q2 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
20000000 usd
CY2023Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
5000000 usd
iff Business Divestiture Costs
BusinessDivestitureCosts
112000000 usd
us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
5000000 usd
iff Business Divestiture Costs
BusinessDivestitureCosts
41000000 usd
us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
30000000 usd
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
5000000 usd
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2889000000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2929000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5788000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5956000000 usd
CY2023Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-18000000 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-41000000 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-33000000 usd
CY2024Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
3000000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
6000000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
1000000 usd
iff Business Divestiture Costs
BusinessDivestitureCosts
112000000 usd
us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
5000000 usd
iff Business Divestiture Costs
BusinessDivestitureCosts
41000000 usd
us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
30000000 usd
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
5000000 usd
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2889000000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2929000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5788000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5956000000 usd
CY2024Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-33000000 usd
CY2023Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-18000000 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-41000000 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-33000000 usd
CY2024Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
3000000 usd
CY2023Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
1000000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
6000000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
1000000 usd
CY2024Q2 iff Gain Loss On China Facility Relocation
GainLossOnChinaFacilityRelocation
0 usd
iff Gain Loss On China Facility Relocation
GainLossOnChinaFacilityRelocation
0 usd
iff Gain Loss On China Facility Relocation
GainLossOnChinaFacilityRelocation
22000000 usd
CY2024Q2 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
-1000000 usd
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
-3000000 usd
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
-10000000 usd
CY2024Q2 iff Other Components Of Other Nonoperating Income Expense
OtherComponentsOfOtherNonoperatingIncomeExpense
14000000 usd
CY2023Q2 iff Other Components Of Other Nonoperating Income Expense
OtherComponentsOfOtherNonoperatingIncomeExpense
1000000 usd
iff Other Components Of Other Nonoperating Income Expense
OtherComponentsOfOtherNonoperatingIncomeExpense
16000000 usd
iff Other Components Of Other Nonoperating Income Expense
OtherComponentsOfOtherNonoperatingIncomeExpense
8000000 usd
CY2024Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-15000000 usd
CY2023Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
11000000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-16000000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.218
CY2024Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
6143000000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
6642000000 usd
CY2024Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2380000000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2402000000 usd
CY2024Q2 iff Gain Loss On China Facility Relocation
GainLossOnChinaFacilityRelocation
0 usd
CY2023Q2 iff Gain Loss On China Facility Relocation
GainLossOnChinaFacilityRelocation
22000000 usd
iff Gain Loss On China Facility Relocation
GainLossOnChinaFacilityRelocation
0 usd
iff Gain Loss On China Facility Relocation
GainLossOnChinaFacilityRelocation
22000000 usd
CY2024Q2 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
-1000000 usd
CY2023Q2 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
-5000000 usd
CY2024Q2 iff Other Components Of Other Nonoperating Income Expense
OtherComponentsOfOtherNonoperatingIncomeExpense
14000000 usd
CY2023Q2 iff Other Components Of Other Nonoperating Income Expense
OtherComponentsOfOtherNonoperatingIncomeExpense
1000000 usd
iff Other Components Of Other Nonoperating Income Expense
OtherComponentsOfOtherNonoperatingIncomeExpense
16000000 usd
iff Other Components Of Other Nonoperating Income Expense
OtherComponentsOfOtherNonoperatingIncomeExpense
8000000 usd
CY2024Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-15000000 usd
CY2023Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
11000000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-16000000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
8000000 usd
CY2024Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.060
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.218
CY2024Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
6143000000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
6642000000 usd
CY2024Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2380000000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2402000000 usd
CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3763000000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4240000000 usd
CY2024Q2 us-gaap Depreciation
Depreciation
93000000 usd
CY2023Q2 us-gaap Depreciation
Depreciation
115000000 usd
CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3763000000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4240000000 usd
CY2024Q2 us-gaap Depreciation
Depreciation
93000000 usd
CY2023Q2 us-gaap Depreciation
Depreciation
115000000 usd
us-gaap Depreciation
Depreciation
203000000 usd
us-gaap Depreciation
Depreciation
220000000 usd
CY2024Q2 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
3000000 usd
CY2023Q2 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
4000000 usd
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
8000000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
10635000000 usd
us-gaap Goodwill Transfers
GoodwillTransfers
-1227000000 usd
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-126000000 usd
CY2024Q2 us-gaap Goodwill
Goodwill
9282000000 usd
CY2024Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
64000000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
9468000000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
10947000000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2587000000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2590000000 usd
CY2024Q2 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
6881000000 usd
CY2023Q4 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
8357000000 usd
CY2024Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
153000000 usd
CY2023Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
172000000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
321000000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
291000000 usd
us-gaap Depreciation
Depreciation
203000000 usd
us-gaap Depreciation
Depreciation
220000000 usd
CY2024Q2 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
3000000 usd
CY2023Q2 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
4000000 usd
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
7000000 usd
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
8000000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
10635000000 usd
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-126000000 usd
CY2024Q2 us-gaap Goodwill
Goodwill
9282000000 usd
CY2024Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
64000000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
9468000000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
10947000000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2587000000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2590000000 usd
CY2024Q2 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
6881000000 usd
CY2023Q4 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
8357000000 usd
CY2024Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
153000000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
343000000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
291000000 usd
CY2024Q2 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
162000000 usd
CY2023Q4 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
187000000 usd
CY2024Q2 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
132000000 usd
CY2023Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
178000000 usd
CY2024Q2 us-gaap Supplies
Supplies
136000000 usd
CY2024Q2 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
162000000 usd
CY2023Q4 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
187000000 usd
CY2023Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
178000000 usd
CY2024Q2 us-gaap Supplies
Supplies
136000000 usd
CY2023Q4 us-gaap Supplies
Supplies
161000000 usd
CY2024Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
217000000 usd
CY2023Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
184000000 usd
CY2024Q2 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
81000000 usd
CY2023Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
165000000 usd
CY2024Q2 us-gaap Other Assets Current
OtherAssetsCurrent
728000000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
875000000 usd
CY2024Q2 us-gaap Deferred Income Taxes And Other Assets Noncurrent
DeferredIncomeTaxesAndOtherAssetsNoncurrent
293000000 usd
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LongTermDebtNoncurrent
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LongTermDebtNoncurrent
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us-gaap Proceeds From Issuance Of Commercial Paper
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us-gaap Lease Cost
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us-gaap Operating Lease Cost
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us-gaap Variable Lease Cost
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us-gaap Variable Lease Cost
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us-gaap Lease Cost
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us-gaap Lease Cost
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FinanceLeaseCost
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us-gaap Operating Lease Payments
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us-gaap Finance Lease Interest Payment On Liability
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us-gaap Finance Lease Interest Payment On Liability
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CY2024Q2 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
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FairValueOptionChangesInFairValueGainLoss1
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us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
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us-gaap Fair Value Option Changes In Fair Value Gain Loss1
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CY2024Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
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CY2024Q2 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
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0 usd
CY2023Q2 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
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us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
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us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
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CY2024Q2 us-gaap Derivative Net Hedge Ineffectiveness Gain Loss
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us-gaap Derivative Net Hedge Ineffectiveness Gain Loss
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CY2023Q4 us-gaap Derivative Fair Value Of Derivative Asset
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CY2024Q2 us-gaap Derivative Gain Loss On Derivative Net
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CY2023Q2 us-gaap Derivative Gain Loss On Derivative Net
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CY2024Q2 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
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CY2023Q2 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
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us-gaap Derivative Gain Loss On Derivative Net
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us-gaap Derivative Gain Loss On Derivative Net
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us-gaap Fair Value Option Changes In Fair Value Gain Loss1
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us-gaap Fair Value Option Changes In Fair Value Gain Loss1
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CY2024Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
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CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
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CY2024Q2 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
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us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
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us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
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us-gaap Derivative Net Hedge Ineffectiveness Gain Loss
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CY2023Q2 us-gaap Derivative Net Hedge Ineffectiveness Gain Loss
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us-gaap Derivative Net Hedge Ineffectiveness Gain Loss
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CY2024Q2 iff Bank Guarantees Related To Appeals On Income Tax And Indirect Tax Cases
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CY2024Q2 iff Bank Guarantees And Pledged Assets To Pursue Defenses Related To Other Contingencies
BankGuaranteesAndPledgedAssetsToPursueDefensesRelatedToOtherContingencies
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CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
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CY2024Q2 ecd Rule10b51 Arr Adopted Flag
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CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
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CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
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CY2023Q2 us-gaap Derivative Net Hedge Ineffectiveness Gain Loss
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us-gaap Derivative Net Hedge Ineffectiveness Gain Loss
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CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
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CY2024Q2 ecd Rule10b51 Arr Adopted Flag
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CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
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