2014 Q4 Form 10-K Financial Statement

#000103526716000130 Filed on February 02, 2016

View on sec.gov

Income Statement

Concept 2014 Q4 2014 Q3 2014 Q2
Revenue $604.7M $550.1M $512.2M
YoY Change 4.95% 10.24% -11.46%
Cost Of Revenue $211.3M $189.5M $167.8M
YoY Change 18.57% 33.17% -3.17%
Gross Profit $393.4M $360.6M $344.4M
YoY Change -1.16% 1.09% -15.0%
Gross Profit Margin 65.06% 65.55% 67.24%
Selling, General & Admin $160.0M $154.0M $161.2M
YoY Change 8.33% 10.55% 10.79%
% of Gross Profit 40.67% 42.71% 46.81%
Research & Development $47.30M $47.50M $40.20M
YoY Change 13.43% 9.95% -2.43%
% of Gross Profit 12.02% 13.17% 11.67%
Depreciation & Amortization $20.30M $19.90M $17.20M
YoY Change 12.15% 19.88% 3.61%
% of Gross Profit 5.16% 5.52% 4.99%
Operating Expenses $207.3M $201.5M $201.4M
YoY Change 9.45% 10.41% 7.87%
Operating Profit $186.1M $159.1M $143.0M
YoY Change -10.79% -8.67% -34.55%
Interest Expense -$1.300M $2.000M -$400.0K
YoY Change -122.03% -48.72% -109.3%
% of Operating Profit -0.7% 1.26% -0.28%
Other Income/Expense, Net $2.000M -$400.0K
YoY Change -48.72% -109.3%
Pretax Income $184.8M $161.1M $142.6M
YoY Change -13.85% -9.55% -36.0%
Income Tax $38.00M $37.40M $38.60M
% Of Pretax Income 20.56% 23.22% 27.07%
Net Earnings $146.8M $123.7M $104.0M
YoY Change -11.67% -21.11% -34.63%
Net Earnings / Revenue 24.28% 22.49% 20.3%
Basic Earnings Per Share $4.03 $3.43 $2.82
Diluted Earnings Per Share $3.94 $3.35 $2.77
COMMON SHARES
Basic Shares Outstanding 36.25M shares 36.10M shares 36.90M shares
Diluted Shares Outstanding 36.90M shares 37.60M shares

Balance Sheet

Concept 2014 Q4 2014 Q3 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.233B $1.014B $979.0M
YoY Change -12.18% -16.41% -24.11%
Cash & Equivalents $600.3M $493.0M $507.6M
Short-Term Investments $632.0M $521.0M $471.0M
Other Short-Term Assets $83.00M $119.0M $81.00M
YoY Change 72.92% 197.5% 88.37%
Inventory $181.7M $198.9M $202.4M
Prepaid Expenses
Receivables $315.1M $259.1M $271.1M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.812B $1.592B $1.533B
YoY Change -6.24% -8.17% -17.6%
LONG-TERM ASSETS
Property, Plant & Equipment $387.4M $335.4M $326.7M
YoY Change 25.01% 14.0% 22.09%
Goodwill $198.0M $198.0M $50.50M
YoY Change 44.1% 44.1% -63.25%
Intangibles
YoY Change
Long-Term Investments $1.265B $1.248B $1.065B
YoY Change -6.3% -5.38% -38.69%
Other Assets $171.0M $143.0M $144.0M
YoY Change 35.71% 17.21% 35.85%
Total Long-Term Assets $2.148B $2.060B $1.871B
YoY Change 6.42% 4.87% -20.04%
TOTAL ASSETS
Total Short-Term Assets $1.812B $1.592B $1.533B
Total Long-Term Assets $2.148B $2.060B $1.871B
Total Assets $3.959B $3.652B $3.405B
YoY Change 0.23% -1.24% -18.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $61.60M $53.60M $58.90M
YoY Change 33.33% -13.55% -12.35%
Accrued Expenses $126.8M $209.0M $212.0M
YoY Change 98.44% 84.96% 66.93%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $501.2M $480.5M $495.9M
YoY Change 31.58% 30.82% 26.86%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $78.80M $86.80M $86.30M
YoY Change 15.88% 31.91% -5.79%
Total Long-Term Liabilities $78.80M $86.80M $86.30M
YoY Change 15.88% 31.91% -5.79%
TOTAL LIABILITIES
Total Short-Term Liabilities $501.2M $480.5M $495.9M
Total Long-Term Liabilities $78.80M $86.80M $86.30M
Total Liabilities $580.0M $567.3M $582.2M
YoY Change 29.2% 30.99% 20.66%
SHAREHOLDERS EQUITY
Retained Earnings $487.7M $341.0M $312.2M
YoY Change -50.2% -58.07% -75.85%
Common Stock $2.897B $2.742B $2.510B
YoY Change 14.96% 11.88% 3.36%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.379B $3.084B $2.822B
YoY Change
Total Liabilities & Shareholders Equity $3.959B $3.652B $3.405B
YoY Change 0.23% -1.24% -18.96%

Cashflow Statement

Concept 2014 Q4 2014 Q3 2014 Q2
OPERATING ACTIVITIES
Net Income $146.8M $123.7M $104.0M
YoY Change -11.67% -21.11% -34.63%
Depreciation, Depletion And Amortization $20.30M $19.90M $17.20M
YoY Change 12.15% 19.88% 3.61%
Cash From Operating Activities $194.2M $150.6M $154.0M
YoY Change -15.23% -26.1% -18.56%
INVESTING ACTIVITIES
Capital Expenditures -$65.20M -$13.80M -$6.000M
YoY Change 125.61% -59.41% -76.0%
Acquisitions
YoY Change
Other Investing Activities -$138.3M -$244.9M $519.6M
YoY Change 303.21% -137.84% 533.66%
Cash From Investing Activities -$203.5M -$258.7M $513.6M
YoY Change 221.99% -142.19% 801.05%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 116.4M 94.60M -974.0M
YoY Change 293.24% -114.26% 304.15%
NET CHANGE
Cash From Operating Activities 194.2M 150.6M 154.0M
Cash From Investing Activities -203.5M -258.7M 513.6M
Cash From Financing Activities 116.4M 94.60M -974.0M
Net Change In Cash 107.1M -13.50M -306.4M
YoY Change -45.22% -108.79% -6107.84%
FREE CASH FLOW
Cash From Operating Activities $194.2M $150.6M $154.0M
Capital Expenditures -$65.20M -$13.80M -$6.000M
Free Cash Flow $259.4M $164.4M $160.0M
YoY Change 0.54% -30.87% -25.27%

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CY2014Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
808000000 USD
CY2015Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
2031500000 USD
CY2014Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
48700000 USD
CY2015Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
0 USD
CY2015Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
1791900000 USD
CY2015Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
1788000000 USD
CY2015Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
926000000 USD
CY2015Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
925700000 USD
CY2015Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
2713700000 USD
CY2014Q4 us-gaap Buildings And Improvements Gross
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159000000 USD
CY2015Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
191500000 USD
CY2015Q4 us-gaap Capital Leases Future Minimum Payments Receivable
CapitalLeasesFutureMinimumPaymentsReceivable
67100000 USD
CY2015Q4 us-gaap Capital Leases Future Minimum Payments Receivable Current
CapitalLeasesFutureMinimumPaymentsReceivableCurrent
17600000 USD
CY2015Q4 us-gaap Capital Leases Future Minimum Payments Receivable Due Thereafter
CapitalLeasesFutureMinimumPaymentsReceivableDueThereafter
1000000 USD
CY2015Q4 us-gaap Capital Leases Future Minimum Payments Receivable In Five Years
CapitalLeasesFutureMinimumPaymentsReceivableInFiveYears
3100000 USD
CY2015Q4 us-gaap Capital Leases Future Minimum Payments Receivable In Four Years
CapitalLeasesFutureMinimumPaymentsReceivableInFourYears
9500000 USD
CY2015Q4 us-gaap Capital Leases Future Minimum Payments Receivable In Three Years
CapitalLeasesFutureMinimumPaymentsReceivableInThreeYears
17400000 USD
CY2015Q4 us-gaap Capital Leases Future Minimum Payments Receivable In Two Years
CapitalLeasesFutureMinimumPaymentsReceivableInTwoYears
18500000 USD
CY2014Q4 us-gaap Capital Leases Net Investment In Sales Type Leases
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38200000 USD
CY2015Q4 us-gaap Capital Leases Net Investment In Sales Type Leases
CapitalLeasesNetInvestmentInSalesTypeLeases
63300000 USD
CY2014Q4 us-gaap Capital Leases Net Investment In Sales Type Leases Allowance For Uncollectible Minimum Lease Payments
CapitalLeasesNetInvestmentInSalesTypeLeasesAllowanceForUncollectibleMinimumLeasePayments
0 USD
CY2015Q4 us-gaap Capital Leases Net Investment In Sales Type Leases Allowance For Uncollectible Minimum Lease Payments
CapitalLeasesNetInvestmentInSalesTypeLeasesAllowanceForUncollectibleMinimumLeasePayments
400000 USD
CY2014Q4 us-gaap Capital Leases Net Investment In Sales Type Leases Deferred Income
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2200000 USD
CY2015Q4 us-gaap Capital Leases Net Investment In Sales Type Leases Deferred Income
CapitalLeasesNetInvestmentInSalesTypeLeasesDeferredIncome
3400000 USD
CY2014Q4 us-gaap Capital Leases Net Investment In Sales Type Leases Minimum Payments To Be Received
CapitalLeasesNetInvestmentInSalesTypeLeasesMinimumPaymentsToBeReceived
40400000 USD
CY2015Q4 us-gaap Capital Leases Net Investment In Sales Type Leases Minimum Payments To Be Received
CapitalLeasesNetInvestmentInSalesTypeLeasesMinimumPaymentsToBeReceived
67100000 USD
CY2014Q4 us-gaap Capitalized Computer Software Gross
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77900000 USD
CY2015Q4 us-gaap Capitalized Computer Software Gross
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84500000 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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553700000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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782100000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
600300000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
714600000 USD
CY2013 us-gaap Cash And Cash Equivalents Period Increase Decrease
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228400000 USD
CY2014 us-gaap Cash And Cash Equivalents Period Increase Decrease
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-181800000 USD
CY2015 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
114300000 USD
CY2014Q4 us-gaap Commitments And Contingencies
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USD
CY2015Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2014Q4 us-gaap Common Stock Par Or Stated Value Per Share
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0.001
CY2015Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2014Q4 us-gaap Common Stock Shares Authorized
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100000000.0 shares
CY2015Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000.0 shares
CY2014Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
36600000 shares
CY2014Q4 us-gaap Deferred Tax Assets Gross
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204100000 USD
CY2015Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
208600000 USD
CY2015Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
37400000 shares
CY2014Q4 us-gaap Common Stock Shares Outstanding
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36600000 shares
CY2015Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
37400000 shares
CY2014Q4 us-gaap Common Stock Value
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0 USD
CY2015Q4 us-gaap Common Stock Value
CommonStockValue
0 USD
CY2013 us-gaap Comprehensive Income Net Of Tax
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CY2014 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
411600000 USD
CY2015 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
584400000 USD
CY2014Q4 us-gaap Construction In Progress Gross
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28800000 USD
CY2015Q4 us-gaap Construction In Progress Gross
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43200000 USD
CY2013 us-gaap Cost Of Goods Sold
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543400000 USD
CY2014 us-gaap Cost Of Goods Sold
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569900000 USD
CY2015 us-gaap Cost Of Goods Sold
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647200000 USD
CY2013 us-gaap Cost Of Revenue
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670900000 USD
CY2014 us-gaap Cost Of Revenue
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717900000 USD
CY2015 us-gaap Cost Of Revenue
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806500000 USD
CY2013 us-gaap Cost Of Services
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127500000 USD
CY2014 us-gaap Cost Of Services
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148000000 USD
CY2015 us-gaap Cost Of Services
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159300000 USD
CY2013 us-gaap Current Federal Tax Expense Benefit
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216800000 USD
CY2014 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
150500000 USD
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
148700000 USD
CY2013 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
4300000 USD
CY2014 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
7500000 USD
CY2015 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
7600000 USD
CY2013 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
238500000 USD
CY2014 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
165000000 USD
CY2015 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
164700000 USD
CY2013 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
17400000 USD
CY2014 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
7000000 USD
CY2015 us-gaap Current State And Local Tax Expense Benefit
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8400000 USD
CY2013 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-36200000 USD
CY2014 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2015 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
7500000 USD
CY2013 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-500000 USD
CY2014 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
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CY2015 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
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CY2013 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-38600000 USD
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
5000000 USD
CY2014Q4 us-gaap Deferred Revenue Current
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CY2015Q4 us-gaap Deferred Revenue Current
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CY2013 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-1900000 USD
CY2014 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
500000 USD
CY2014Q4 us-gaap Deferred Tax Assets Liabilities Net
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169900000 USD
CY2015Q4 us-gaap Deferred Tax Assets Liabilities Net
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166900000 USD
CY2014Q4 us-gaap Deferred Tax Assets Net
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194600000 USD
CY2015Q4 us-gaap Deferred Tax Assets Net
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193400000 USD
CY2014Q4 us-gaap Deferred Tax Assets Net Noncurrent
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171300000 USD
CY2015Q4 us-gaap Deferred Tax Assets Net Noncurrent
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167800000 USD
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3500000 USD
CY2015Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
7500000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
7700000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
13500000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense
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52400000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense
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47100000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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140500000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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140500000 USD
CY2014Q4 us-gaap Deferred Tax Assets Valuation Allowance
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9500000 USD
CY2015Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
15200000 USD
CY2013 us-gaap Deferred Tax Expense From Stock Options Exercised
DeferredTaxExpenseFromStockOptionsExercised
34500000 USD
CY2014 us-gaap Deferred Tax Expense From Stock Options Exercised
DeferredTaxExpenseFromStockOptionsExercised
13900000 USD
CY2015 us-gaap Deferred Tax Expense From Stock Options Exercised
DeferredTaxExpenseFromStockOptionsExercised
21500000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities
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24700000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities
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CY2014Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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1700000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
2000000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Other
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400000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Other
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500000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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22600000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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24000000 USD
CY2015 us-gaap Defined Benefit Plan Contributions By Employer
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1500 USD
CY2015 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
2
CY2015 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
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0.75
CY2013 us-gaap Depreciation
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CY2014 us-gaap Depreciation
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52000000 USD
CY2015 us-gaap Depreciation
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61100000 USD
CY2015 us-gaap Derivative Term Of Contract
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P12M
CY2013 us-gaap Earnings Per Share Basic
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17.12
CY2014Q1 us-gaap Earnings Per Share Basic
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1.16
CY2014Q2 us-gaap Earnings Per Share Basic
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CY2014Q3 us-gaap Earnings Per Share Basic
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CY2014Q4 us-gaap Earnings Per Share Basic
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CY2014 us-gaap Earnings Per Share Basic
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11.35
CY2015Q1 us-gaap Earnings Per Share Basic
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2.64
CY2015Q2 us-gaap Earnings Per Share Basic
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3.64
CY2015Q3 us-gaap Earnings Per Share Basic
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4.49
CY2015Q4 us-gaap Earnings Per Share Basic
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5.09
CY2015 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
15.87
CY2013 us-gaap Earnings Per Share Diluted
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16.73
CY2014Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.13
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.77
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.35
CY2014Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.94
CY2014 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
11.11
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.57
CY2015Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.56
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.40
CY2015Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.99
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
15.54
CY2013 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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0 USD
CY2014 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-600000 USD
CY2015 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-1500000 USD
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2014Q4 us-gaap Employee Related Liabilities Current
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96200000 USD
CY2015Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
117300000 USD
CY2013 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
58500000 USD
CY2014 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
53500000 USD
CY2015 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
51800000 USD
CY2013 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
38000000 USD
CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
24000000 USD
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
34300000 USD
CY2013 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
38000000 USD
CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
24000000 USD
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
34300000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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130700000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
147800000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
3400000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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18300000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
3400000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
3600000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
8600000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
12400000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
204800000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
197500000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
74100000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
49700000 USD
CY2013 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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3100000 USD
CY2014 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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-6900000 USD
CY2015 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-7900000 USD
CY2014 us-gaap Gain Loss On Oil And Gas Hedging Activity
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7500000 USD
CY2015 us-gaap Gain Loss On Oil And Gas Hedging Activity
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7200000 USD
CY2014Q4 us-gaap Goodwill
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198000000 USD
CY2015Q4 us-gaap Goodwill
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201100000 USD
CY2015 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2013 us-gaap Gross Profit
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1594200000 USD
CY2014Q1 us-gaap Gross Profit
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315400000 USD
CY2014Q2 us-gaap Gross Profit
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344400000 USD
CY2014Q3 us-gaap Gross Profit
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360600000 USD
CY2014Q4 us-gaap Gross Profit
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393400000 USD
CY2014 us-gaap Gross Profit
GrossProfit
1413800000 USD
CY2015Q1 us-gaap Gross Profit
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336800000 USD
CY2015Q2 us-gaap Gross Profit
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386500000 USD
CY2015Q3 us-gaap Gross Profit
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395800000 USD
CY2015Q4 us-gaap Gross Profit
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458800000 USD
CY2015 us-gaap Gross Profit
GrossProfit
1577900000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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612500000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
353000000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
425100000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
258400000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
196000000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
333400000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
870900000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
549000000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
758500000 USD
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
199900000 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
130200000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
169700000 USD
CY2013 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
9200000 USD
CY2014 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
4600000 USD
CY2015 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
5300000 USD
CY2013 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-73600000 USD
CY2014 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-47400000 USD
CY2015 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-67400000 USD
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
304800000 USD
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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192200000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
265500000 USD
CY2013 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
1900000 USD
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
7700000 USD
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
6900000 USD
CY2013 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-600000 USD
CY2014 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
1200000 USD
CY2015 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-1100000 USD
CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
15500000 USD
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
6400000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
8900000 USD
CY2013 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
12200000 USD
CY2013 us-gaap Income Taxes Paid
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194100000 USD
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CY2014 us-gaap Share Based Compensation
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168900000 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
167900000 USD
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
130200000 USD
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
146200000 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
196500000 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
200000 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
400000 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
531500000 USD
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
5000000 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4200000 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
395.86
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
421.00
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
525500000 USD
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
4100000 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
419.49
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
323.93
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
497.01
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
519.41
CY2015Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
3100000 shares
CY2015Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
4200000 shares
CY2015Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
459800000 USD
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y7M6D
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P6Y2M12D
CY2015Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
400.63
CY2015Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
421.00
CY2015 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P6Y3M15D
CY2015 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1000000 shares
CY2013 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
160600000 USD
CY2014 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
283600000 USD
CY2015 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
361100000 USD
CY2015Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
816300000 USD
CY2013 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
1109200000 USD
CY2014 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
1000000000 USD
CY2015 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
183700000 USD
CY2013 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
2600000 shares
CY2014 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
2500000 shares
CY2015 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
400000 shares
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
3580100000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
3501400000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
3379400000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
4319500000 USD
CY2014Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
7400000 USD
CY2015Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
11400000 USD
CY2015Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
1159300000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
88000000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
74000000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
75500000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
92400000 USD
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1500000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
6000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
19100000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
11400000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
3400000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
2500000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
2900000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
22800000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
22300000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
28900000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
300000 USD
CY2015 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
16900000 USD
CY2013 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
29300000 USD
CY2014 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1700000 USD
CY2015 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
900000 USD
CY2013 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
900000 shares
CY2014 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
800000 shares
CY2015 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
800000 shares
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40100000 shares
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37700000 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37900000 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39200000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36900000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37100000 shares
CY2015 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Concentrations of Credit Risk and Other Risks and Uncertainties</font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The carrying amounts for financial instruments consisting of cash and cash equivalents, accounts receivable, accounts payable and accrued liabilities approximate fair value due to their short maturities. Marketable securities and derivative instruments are stated at their estimated fair values, based on quoted market prices for the same or similar instruments. The counterparties to the agreements relating to the Company&#8217;s investment securities and derivative instruments consist of various major corporations, financial institutions, municipalities and government agencies of high credit standing. </font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s accounts receivable are derived from net revenue to customers and distributors located throughout the world. The Company performs credit evaluations of its customers&#8217; financial condition and, generally, requires no collateral from its customers. The Company provides reserves for potential credit losses but has not experienced significant losses to date. As of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2015</font><font style="font-family:inherit;font-size:10pt;">, and </font><font style="font-family:inherit;font-size:10pt;">2014</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">69%</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">64%</font><font style="font-family:inherit;font-size:10pt;">, respectively, of accounts receivable were from domestic customers. No single customer represented more than 10% of net accounts receivable as of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2015</font><font style="font-family:inherit;font-size:10pt;">, and </font><font style="font-family:inherit;font-size:10pt;">2014</font><font style="font-family:inherit;font-size:10pt;">. </font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the years ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2015</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">2014</font><font style="font-family:inherit;font-size:10pt;">, and </font><font style="font-family:inherit;font-size:10pt;">2013</font><font style="font-family:inherit;font-size:10pt;">, domestic revenue accounted for </font><font style="font-family:inherit;font-size:10pt;">71%</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">70%</font><font style="font-family:inherit;font-size:10pt;">, and </font><font style="font-family:inherit;font-size:10pt;">72%</font><font style="font-family:inherit;font-size:10pt;"> of total revenue, respectively, while outside of the U.S. revenue accounted for </font><font style="font-family:inherit;font-size:10pt;">29%</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">30%</font><font style="font-family:inherit;font-size:10pt;">, and </font><font style="font-family:inherit;font-size:10pt;">28%</font><font style="font-family:inherit;font-size:10pt;">, respectively, of total revenue for each of the years then ended. No single customer represented more than 10% of total revenue for the years ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2015</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">2014</font><font style="font-family:inherit;font-size:10pt;">, and </font><font style="font-family:inherit;font-size:10pt;">2013</font><font style="font-family:inherit;font-size:10pt;">. </font></div></div>
CY2015 us-gaap Nature Of Operations
NatureOfOperations
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">DESCRIPTION OF THE BUSINESS</font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Intuitive Surgical, Inc. designs, manufactures, and markets </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">da Vinci</font><font style="font-family:inherit;font-size:10pt;font-style:italic;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">&#174;</sup></font><font style="font-family:inherit;font-size:10pt;"> Surgical Systems and related instruments and accessories, which taken together, are advanced surgical systems, that the Company believes enable a new generation of surgery. This advanced generation of surgery, which the Company calls </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">da Vinci</font><font style="font-family:inherit;font-size:10pt;"> Surgery, combines the benefits of minimally invasive surgery (&#8220;MIS&#8221;) for patients with the ease of use, precision and dexterity of open surgery. A </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">da Vinci</font><font style="font-family:inherit;font-size:10pt;"> Surgical System consists of a surgeon&#8217;s console, a patient-side cart and a high performance vision system. The </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">da Vinci</font><font style="font-family:inherit;font-size:10pt;"> Surgical System translates a surgeon&#8217;s natural hand movements, which are performed on instrument controls at a console, into corresponding micro-movements of instruments positioned inside the patient through small incisions, or ports. The </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">da Vinci</font><font style="font-family:inherit;font-size:10pt;"> Surgical System is designed to provide its operating surgeons with intuitive control, range of motion, fine tissue manipulation capability and Three Dimensional (&#8220;3-D&#8221;), High-Definition (&#8220;HD&#8221;) vision while simultaneously allowing surgeons to work through the small ports enabled by MIS procedures.</font></div></div>
CY2015 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the Consolidated Financial Statements and accompanying Notes to the Consolidated Financial Statements. The accounting estimates that require management&#8217;s most significant, difficult and subjective judgments include the valuation and recognition of investments, the valuation of the revenue and allowance for sales returns and doubtful accounts, the estimation of hedging transactions, the valuation of inventory, the assessment of recoverability of intangible assets and their estimated useful lives, revenue recognition, the valuation and recognition of share-based compensation, the recognition and measurement of current and deferred income tax assets and liabilities, and the legal contingencies estimate. Actual results could differ materially from these estimates. </font></div></div>

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