$IQV
IQVIA HOLDINGS INC.

2018 Q4 Form 10-Q Financial Statement

#000156459018025117 Filed on October 25, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2017 Q4
Revenue $2.688B $2.594B $2.161B
YoY Change 24.39% 28.48% 10.65%
Cost Of Revenue $1.742B $1.678B $1.607B
YoY Change 8.4% 44.03% 8.83%
Gross Profit $946.0M $916.0M $914.0M
YoY Change 3.5% 7.26% 6.09%
Gross Profit Margin 35.19% 35.31% 42.3%
Selling, General & Admin $443.0M $429.0M $469.0M
YoY Change -5.54% 8.88% 51.19%
% of Gross Profit 46.83% 46.83% 51.31%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $294.0M $283.0M $278.0M
YoY Change 5.76% 10.55% 45.86%
% of Gross Profit 31.08% 30.9% 30.42%
Operating Expenses $737.0M $429.0M $747.0M
YoY Change -1.34% -34.0% 24.67%
Operating Profit $207.0M $181.0M $142.0M
YoY Change 45.77% -7.18% -1.39%
Interest Expense -$103.0M $105.0M -$95.00M
YoY Change 8.42% -215.38% 37.28%
% of Operating Profit -49.76% 58.01% -66.9%
Other Income/Expense, Net $0.00 -$27.00M -$16.00M
YoY Change -100.0% -240.35%
Pretax Income $104.0M $51.00M $33.00M
YoY Change 215.15% -40.7% -40.86%
Income Tax $38.00M -$14.00M -$33.00M
% Of Pretax Income 36.54% -27.45% -100.0%
Net Earnings $69.00M $60.00M $1.027B
YoY Change -93.28% -31.82% -676.97%
Net Earnings / Revenue 2.57% 2.31% 47.52%
Basic Earnings Per Share $0.34 $0.30 $4.91
Diluted Earnings Per Share $0.34 $0.29 $4.79
COMMON SHARES
Basic Shares Outstanding 202.3M 202.3M
Diluted Shares Outstanding 206.8M

Balance Sheet

Concept 2018 Q4 2018 Q3 2017 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $938.0M $879.0M $1.005B
YoY Change -6.67% -23.37% -18.82%
Cash & Equivalents $891.0M $827.0M $959.0M
Short-Term Investments $47.00M $52.00M $46.00M
Other Short-Term Assets $473.0M $453.0M $259.0M
YoY Change 82.63% 59.51% 10.21%
Inventory
Prepaid Expenses $151.0M $146.0M
Receivables $2.394B $2.298B $2.097B
Other Receivables $69.00M $66.00M $47.00M
Total Short-Term Assets $3.874B $3.696B $3.554B
YoY Change 9.0% 5.84% 6.5%
LONG-TERM ASSETS
Property, Plant & Equipment $434.0M $417.0M $440.0M
YoY Change -1.36% -2.57% 8.37%
Goodwill $11.80B $11.85B
YoY Change -0.42% 10.47%
Intangibles $5.951B $6.591B
YoY Change -9.71% 3.15%
Long-Term Investments $101.0M $134.0M $70.00M
YoY Change 44.29% 78.67% -14.63%
Other Assets $348.0M $354.0M $344.0M
YoY Change 1.16% 24.21% 29.32%
Total Long-Term Assets $18.68B $18.80B $19.30B
YoY Change -3.25% -0.8% 8.01%
TOTAL ASSETS
Total Short-Term Assets $3.874B $3.696B $3.554B
Total Long-Term Assets $18.68B $18.80B $19.30B
Total Assets $22.55B $22.50B $22.86B
YoY Change -1.35% 0.24% 7.78%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $437.0M $2.162B $322.0M
YoY Change 35.71% 14.15% 28.8%
Accrued Expenses $1.858B $1.664B
YoY Change 11.66% 11.45%
Deferred Revenue $1.007B $985.0M
YoY Change 2.23%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $100.0M $101.0M $103.0M
YoY Change -2.91% -1.94% 11.96%
Total Short-Term Liabilities $3.534B $3.380B $3.156B
YoY Change 11.98% 18.47% 16.67%
LONG-TERM LIABILITIES
Long-Term Debt $10.91B $10.52B $10.12B
YoY Change 7.76% 8.98% 42.4%
Other Long-Term Liabilities $418.0M $406.0M $440.0M
YoY Change -5.0% -3.33% 9.45%
Total Long-Term Liabilities $11.33B $10.92B $10.56B
YoY Change 7.22% 8.47% 40.64%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.534B $3.380B $3.156B
Total Long-Term Liabilities $11.33B $10.92B $10.56B
Total Liabilities $15.60B $15.04B $14.61B
YoY Change 6.72% 0.67% 18.34%
SHAREHOLDERS EQUITY
Retained Earnings $807.0M $726.0M $538.0M
YoY Change 50.0% -537.35% -234.84%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $4.167B $3.374B
YoY Change 28.14% 237.4%
Treasury Stock Shares $48.90M $41.40M
Shareholders Equity $6.714B $7.215B $7.995B
YoY Change
Total Liabilities & Shareholders Equity $22.55B $22.50B $22.86B
YoY Change -1.35% 0.24% 7.78%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2017 Q4
OPERATING ACTIVITIES
Net Income $69.00M $60.00M $1.027B
YoY Change -93.28% -31.82% -676.97%
Depreciation, Depletion And Amortization $294.0M $283.0M $278.0M
YoY Change 5.76% 10.55% 45.86%
Cash From Operating Activities $417.0M $344.0M $233.0M
YoY Change 78.97% -21.1% -47.89%
INVESTING ACTIVITIES
Capital Expenditures -$138.0M -$123.0M -$102.0M
YoY Change 35.29% 38.2% 18.74%
Acquisitions
YoY Change
Other Investing Activities -$40.00M -$59.00M -$314.0M
YoY Change -87.26% -75.92% -116.54%
Cash From Investing Activities -$178.0M -$182.0M -$416.0M
YoY Change -57.21% -45.51% -122.95%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -158.0M -201.0M 45.00M
YoY Change -451.11% -316.13% -102.04%
NET CHANGE
Cash From Operating Activities 417.0M 344.0M 233.0M
Cash From Investing Activities -178.0M -182.0M -416.0M
Cash From Financing Activities -158.0M -201.0M 45.00M
Net Change In Cash 81.00M -39.00M -138.0M
YoY Change -158.7% -120.0% -355.08%
FREE CASH FLOW
Cash From Operating Activities $417.0M $344.0M $233.0M
Capital Expenditures -$138.0M -$123.0M -$102.0M
Free Cash Flow $555.0M $467.0M $335.0M
YoY Change 65.67% -11.05% -37.15%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7724000000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7181000000
us-gaap Type Of Revenue Extensible List
TypeOfRevenueExtensibleList
us-gaap:ServiceMember
us-gaap Type Of Revenue Extensible List
TypeOfRevenueExtensibleList
us-gaap:ServiceMember
us-gaap Asset Impairment Charges
AssetImpairmentCharges
40000000
CY2018Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
202306281
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2018Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
1000000
CY2018Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-56000000
CY2018Q3 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
66000000
CY2018Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2000000
CY2018Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-51000000
CY2018Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
5000000
CY2018Q3 us-gaap Short Term Investments
ShortTermInvestments
52000000
CY2018Q3 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
12000000
CY2018Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
1000000
CY2018Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
827000000
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
959000000
CY2017Q4 us-gaap Assets Current
AssetsCurrent
3554000000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-64000000
CY2017Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
2000000
CY2017Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
249000000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
757000000
CY2017Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
8000000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
15000000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
16000000
CY2017Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
241000000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-79000000
CY2017Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
1000000
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
3000000
CY2017Q3 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
-59000000
us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
40000000
CY2017Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
2097000000
CY2017Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
146000000
CY2017Q4 us-gaap Short Term Investments
ShortTermInvestments
46000000
CY2017Q4 us-gaap Other Assets Current
OtherAssetsCurrent
259000000
CY2017Q4 us-gaap Long Term Investments
LongTermInvestments
8000000
CY2017Q4 us-gaap Investments In And Advances To Affiliates Amount Of Equity
InvestmentsInAndAdvancesToAffiliatesAmountOfEquity
70000000
CY2017Q4 us-gaap Goodwill
Goodwill
11850000000
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
6591000000
CY2017Q4 us-gaap Other Assets
OtherAssets
235000000
CY2017Q4 us-gaap Assets
Assets
22857000000
CY2017Q4 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
1986000000
CY2017Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
103000000
CY2017Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
10122000000
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
3374000000
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
49000000
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
7995000000
CY2017Q4 us-gaap Minority Interest
MinorityInterest
249000000
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
8244000000
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
22857000000
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
400000000
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
41400000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
6000000
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-4000000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
151000000
iqv Increase Decrease In Accounts Receivable Unbilled Services And Unearned Income
IncreaseDecreaseInAccountsReceivableUnbilledServicesAndUnearnedIncome
104000000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
737000000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
267000000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
525000000
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
440000000
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
249500000
CY2018Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
48900000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
255000000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
8000000
iqv Amortization Of Accumulated Other Comprehensive Loss On Terminated Interest Rate Swaps
AmortizationOfAccumulatedOtherComprehensiveLossOnTerminatedInterestRateSwaps
3000000
us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
12000000
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
3000000
CY2018Q3 us-gaap Common Stocks Including Additional Paid In Capital
CommonStocksIncludingAdditionalPaidInCapital
10876000000
CY2018Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
726000000
CY2018Q3 us-gaap Treasury Stock Value
TreasuryStockValue
4167000000
iqv Payments To Acquire Equity Method Investments And Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
PaymentsToAcquireEquityMethodInvestmentsAndProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
24000000
iqv Payments To Acquire Equity Method Investments And Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
PaymentsToAcquireEquityMethodInvestmentsAndProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
-5000000
CY2017Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
109000000
CY2018Q3 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
2162000000
CY2018Q3 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
984000000
CY2018Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
117000000
CY2018Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
101000000
CY2018Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
16000000
CY2018Q3 us-gaap Liabilities Current
LiabilitiesCurrent
3380000000
CY2018Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
10518000000
CY2018Q3 us-gaap Deferred Tax Liabilities Gross Noncurrent
DeferredTaxLiabilitiesGrossNoncurrent
734000000
CY2018Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
406000000
CY2018Q3 us-gaap Liabilities
Liabilities
15038000000
CY2018Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
us-gaap Share Based Compensation
ShareBasedCompensation
78000000
us-gaap Share Based Compensation
ShareBasedCompensation
82000000
us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
40000000
iqv Increase Decrease In Accounts Receivable Unbilled Services And Unearned Income
IncreaseDecreaseInAccountsReceivableUnbilledServicesAndUnearnedIncome
219000000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-114000000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
837000000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
321000000
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
23000000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
6000000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-1000000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-632000000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-774000000
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
1631000000
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
5242000000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
23000000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
2169000000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
1222000000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
1497000000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
18000000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
86000000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
801000000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2252000000
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
19000000
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
3000000
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
24000000
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
4000000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-294000000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-117000000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-43000000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
59000000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-132000000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-95000000
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1198000000
CY2017Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1103000000
iqv Contract Termination Provisions Description
ContractTerminationProvisionsDescription
Most contracts may be terminated upon 30 to 90 days notice by the customer; however, in the event of termination, most contracts require payment for services rendered through the date of termination, as well as for subsequent services rendered to close out the contract.
CY2018Q3 iqv Number Of Clients Accounting For Ten Percent Or More Of Consolidated Revenue
NumberOfClientsAccountingForTenPercentOrMoreOfConsolidatedRevenue
0
iqv Number Of Clients Accounting For Ten Percent Or More Of Consolidated Revenue
NumberOfClientsAccountingForTenPercentOrMoreOfConsolidatedRevenue
0
CY2018Q3 dei Entity Number Of Employees
EntityNumberOfEmployees
55000
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2017Q3 iqv Number Of Clients Accounting For Ten Percent Or More Of Consolidated Revenue
NumberOfClientsAccountingForTenPercentOrMoreOfConsolidatedRevenue
0
iqv Number Of Clients Accounting For Ten Percent Or More Of Consolidated Revenue
NumberOfClientsAccountingForTenPercentOrMoreOfConsolidatedRevenue
0
CY2018Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
18300000000
iqv Percentage Of Remaining Performance Obligations On Which Revenue Is Expected To Be Recognized
PercentageOfRemainingPerformanceObligationsOnWhichRevenueIsExpectedToBeRecognized
0.35
CY2018Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2018Q3 us-gaap Billed Contract Receivables
BilledContractReceivables
1089000000
CY2017Q4 us-gaap Billed Contract Receivables
BilledContractReceivables
1229000000
CY2018Q3 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
1221000000
CY2017Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
883000000
CY2018Q3 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
2310000000
CY2017Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
2112000000
CY2018Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
12000000
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
15000000
CY2018Q3 iqv Contract With Customer Net Contract Asset Liabilities
ContractWithCustomerNetContractAssetLiabilities
237000000
CY2017Q4 iqv Contract With Customer Net Contract Asset Liabilities
ContractWithCustomerNetContractAssetLiabilities
-102000000
iqv Contract With Customer Change In Unbilled Contracts Receivable
ContractWithCustomerChangeInUnbilledContractsReceivable
338000000
iqv Contract With Customer Change In Unearned Revenue Current
ContractWithCustomerChangeInUnearnedRevenueCurrent
-1000000
iqv Contract With Customer Change In Net Contract Asset Liabilities
ContractWithCustomerChangeInNetContractAssetLiabilities
339000000
us-gaap Increase Decrease In Unbilled Receivables
IncreaseDecreaseInUnbilledReceivables
338000000
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-1000000
iqv Increase Decrease In Net Balance Of Unbilled Services And Unearned Income
IncreaseDecreaseInNetBalanceOfUnbilledServicesAndUnearnedIncome
339000000
CY2018Q3 us-gaap Variable Interest Entity Entity Maximum Loss Exposure Amount
VariableInterestEntityEntityMaximumLossExposureAmount
108000000
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
158000000
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-214000000
us-gaap Derivative Inception Dates
DerivativeInceptionDates
2016-06-30
CY2018Q3 us-gaap Translation Adjustment For Net Investment Hedge Net Of Tax
TranslationAdjustmentForNetInvestmentHedgeNetOfTax
154000000
CY2018Q3 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
16000000
CY2018Q3 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
10000000
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
6000000
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
13000000
CY2018Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
10671000000
CY2017Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
10269000000
CY2018Q3 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
52000000
CY2017Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
44000000
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
25000000
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
376000000
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
101000000
CY2018Q3 iqv Income Tax Benefit From Purchase Accounting Amortization
IncomeTaxBenefitFromPurchaseAccountingAmortization
45000000
CY2017Q3 iqv Income Tax Benefit From Purchase Accounting Amortization
IncomeTaxBenefitFromPurchaseAccountingAmortization
58000000
iqv Income Tax Benefit From Purchase Accounting Amortization
IncomeTaxBenefitFromPurchaseAccountingAmortization
139000000
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
9967000000
CY2018Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2000000
CY2018Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000
CY2018Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.035
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.129
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.027
CY2018Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2018Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2018Q1 iqv Stock Repurchase Program Additional Authorized Amount
StockRepurchaseProgramAdditionalAuthorizedAmount
1500000000
CY2018Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
5725000000
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
7522304
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
792000000
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
101000000
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
101000000
CY2018Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
889000000
CY2016Q4 us-gaap Minority Interest
MinorityInterest
227000000
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
29000000
iqv Minority Interest Increase From Contribution To Noncontrolling Interest Holders
MinorityInterestIncreaseFromContributionToNoncontrollingInterestHolders
10000000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
-3000000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
5000000
CY2017Q3 us-gaap Minority Interest
MinorityInterest
243000000
iqv Contingent Consideration And Deferred Purchase Payments
ContingentConsiderationAndDeferredPurchasePayments
31000000
CY2017Q4 us-gaap Restructuring Reserve
RestructuringReserve
84000000
us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
66000000
us-gaap Payments For Restructuring
PaymentsForRestructuring
64000000
us-gaap Restructuring Reserve Translation And Other Adjustment
RestructuringReserveTranslationAndOtherAdjustment
-1000000
CY2018Q3 us-gaap Restructuring Reserve
RestructuringReserve
85000000
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2018Q3 iqv Tax Cuts And Jobs Act Incomplete Accounting Change In Tax Rate Provisional Income Tax Expense Benefit
TaxCutsAndJobsActIncompleteAccountingChangeInTaxRateProvisionalIncomeTaxExpenseBenefit
-27000000
CY2018Q3 iqv Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Transition Tax On Accumulated Foreign Earnings Percent
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017TransitionTaxOnAccumulatedForeignEarningsPercent
-0.529
iqv Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Transition Tax On Accumulated Foreign Earnings Percent
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017TransitionTaxOnAccumulatedForeignEarningsPercent
-0.121
CY2018Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.275
iqv Income Tax Benefit From Purchase Accounting Amortization
IncomeTaxBenefitFromPurchaseAccountingAmortization
189000000
CY2018Q3 iqv Income Tax Reconciliation Purchase Accounting Amortization Due To Merger
IncomeTaxReconciliationPurchaseAccountingAmortizationDueToMerger
198000000
CY2017Q3 iqv Income Tax Reconciliation Purchase Accounting Amortization Due To Merger
IncomeTaxReconciliationPurchaseAccountingAmortizationDueToMerger
193000000
iqv Income Tax Reconciliation Purchase Accounting Amortization Due To Merger
IncomeTaxReconciliationPurchaseAccountingAmortizationDueToMerger
608000000
iqv Income Tax Reconciliation Purchase Accounting Amortization Due To Merger
IncomeTaxReconciliationPurchaseAccountingAmortizationDueToMerger
561000000
CY2018Q3 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
10000000
CY2017Q3 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
10000000
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
30000000
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
29000000
CY2018Q3 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
5000000
CY2017Q3 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
6000000
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
15000000
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
16000000
CY2018Q3 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
11000000
CY2017Q3 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
10000000
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
33000000
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
29000000
CY2017Q3 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-1000000
us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-1000000
CY2018Q3 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Curtailments
DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments
1000000
us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Curtailments
DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments
1000000
CY2018Q3 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
3000000
CY2017Q3 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
7000000
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
11000000
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
17000000
CY2017Q4 us-gaap Aoci Tax Attributable To Parent
AociTaxAttributableToParent
-219000000
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
-43000000
CY2018Q3 us-gaap Aoci Tax Attributable To Parent
AociTaxAttributableToParent
-176000000
us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-269000000
CY2018Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
1000000
CY2017Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
2000000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
CY2018Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1400000
CY2017Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1100000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1900000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1700000

Files In Submission

Name View Source Status
0001564590-18-025117-index-headers.html Edgar Link pending
0001564590-18-025117-index.html Edgar Link pending
0001564590-18-025117.txt Edgar Link pending
0001564590-18-025117-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
iqv-10q_20180930.htm Edgar Link pending
iqv-20180930.xml Edgar Link completed
iqv-20180930.xsd Edgar Link pending
iqv-20180930_cal.xml Edgar Link unprocessable
iqv-20180930_def.xml Edgar Link unprocessable
iqv-20180930_lab.xml Edgar Link unprocessable
iqv-20180930_pre.xml Edgar Link unprocessable
iqv-ex311_8.htm Edgar Link pending
iqv-ex312_7.htm Edgar Link pending
iqv-ex321_6.htm Edgar Link pending
iqv-ex322_9.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending