2017 Q4 Form 10-K Financial Statement

#000009622318000009 Filed on February 27, 2018

View on sec.gov

Income Statement

Concept 2017 Q4 2016 Q4 2016 Q3
Revenue $2.940B $2.746B $2.884B
YoY Change 7.06% 10.0% 12.38%
Cost Of Revenue $326.5M -$4.579B $1.689B
YoY Change -107.13% -333.95% -12.81%
Gross Profit $986.7M $1.198B $1.195B
YoY Change -17.6% 73.48% 90.0%
Gross Profit Margin 33.57% 43.61% 41.43%
Selling, General & Admin $708.5M $606.6M $657.9M
YoY Change 16.8% 5.29% 11.04%
% of Gross Profit 71.81% 50.66% 55.07%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $23.40M -$25.60M $42.20M
YoY Change -191.41% -159.4% -8.46%
% of Gross Profit 2.37% -2.14% 3.53%
Operating Expenses $778.1M $613.5M $750.8M
YoY Change 26.83% -10.06% 7.83%
Operating Profit $208.6M $584.0M $443.8M
YoY Change -64.28% 7021.95% -756.87%
Interest Expense -$14.90M -$683.9M $23.12M
YoY Change -97.82% -4076.16% -24.6%
% of Operating Profit -7.14% -117.11% 5.21%
Other Income/Expense, Net
YoY Change
Pretax Income $193.7M -$100.0M $249.9M
YoY Change -293.7% -493.7% -191.82%
Income Tax $64.60M -$33.40M $73.70M
% Of Pretax Income 33.35% 29.49%
Net Earnings -$271.6M $137.2M $154.4M
YoY Change -298.0% 146.73% -189.14%
Net Earnings / Revenue -9.24% 5.0% 5.35%
Basic Earnings Per Share -$0.74 $0.37 $0.41
Diluted Earnings Per Share -$0.74 $0.37 $0.41
COMMON SHARES
Basic Shares Outstanding 366.0M shares 369.3M shares 370.4M shares
Diluted Shares Outstanding 366.0M shares 374.7M shares 374.6M shares

Balance Sheet

Concept 2017 Q4 2016 Q4 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.275B $3.808B $3.279B
YoY Change 38.52% 4.64% -7.87%
Cash & Equivalents $5.275B $3.808B $3.279B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $309.9M $322.8M
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $10.69B $8.543B $7.771B
YoY Change 25.18% 10.12% -5.13%
LONG-TERM ASSETS
Property, Plant & Equipment $750.4M $709.2M $715.2M
YoY Change 5.8% -1.75% -0.24%
Goodwill $1.722B $1.716B $1.730B
YoY Change 0.38% -1.19% -0.6%
Intangibles $741.0M $798.0M $864.6M
YoY Change -7.13% -12.51% -6.8%
Long-Term Investments $2.067B $2.125B $2.105B
YoY Change -2.74% 20.92% 23.56%
Other Assets $1.322B $2.447B $2.540B
YoY Change -45.97% 5.2% 0.51%
Total Long-Term Assets $36.48B $36.53B $38.34B
YoY Change -0.15% -5.3% -9.42%
TOTAL ASSETS
Total Short-Term Assets $10.69B $8.543B $7.771B
Total Long-Term Assets $36.48B $36.53B $38.34B
Total Assets $47.17B $45.07B $46.11B
YoY Change 4.65% -2.72% -8.73%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.168B $7.374B $7.766B
YoY Change -2.79% 3.76% 11.82%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $436.2M $525.8M $432.2M
YoY Change -17.04% 69.27% 3501.96%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $19.11B $17.51B $19.26B
YoY Change 9.13% 136.06% 176.83%
LONG-TERM LIABILITIES
Long-Term Debt $9.040B $8.532B $8.265B
YoY Change 5.95% -60.16% -64.74%
Other Long-Term Liabilities $8.455B $8.389B $7.999B
YoY Change 0.79% 22.65% -15.92%
Total Long-Term Liabilities $17.50B $16.92B $16.26B
YoY Change 3.39% -40.11% -50.64%
TOTAL LIABILITIES
Total Short-Term Liabilities $19.11B $17.51B $19.26B
Total Long-Term Liabilities $17.50B $16.92B $16.26B
Total Liabilities $36.48B $34.31B $35.40B
YoY Change 6.33% -3.5% -11.03%
SHAREHOLDERS EQUITY
Retained Earnings $4.701B $4.645B $4.531B
YoY Change 1.2% 0.7% -1.08%
Common Stock $5.032B $5.172B $5.168B
YoY Change -2.7% -3.32% -3.75%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares 60.17M shares 56.95M shares 56.70M shares
Shareholders Equity $10.11B $10.13B $10.06B
YoY Change
Total Liabilities & Shareholders Equity $47.17B $45.07B $46.11B
YoY Change 4.65% -2.72% -8.73%

Cashflow Statement

Concept 2017 Q4 2016 Q4 2016 Q3
OPERATING ACTIVITIES
Net Income -$271.6M $137.2M $154.4M
YoY Change -298.0% 146.73% -189.14%
Depreciation, Depletion And Amortization $23.40M -$25.60M $42.20M
YoY Change -191.41% -159.4% -8.46%
Cash From Operating Activities -$272.6M $236.3M $357.0M
YoY Change -215.36% -43.54% -30.49%
INVESTING ACTIVITIES
Capital Expenditures -$32.80M -$1.300M -$95.50M
YoY Change 2423.08% -98.44% 27.84%
Acquisitions
YoY Change
Other Investing Activities $7.000M -$76.30M $16.50M
YoY Change -109.17% -3.78% -97.29%
Cash From Investing Activities -$25.80M -$77.70M -$79.00M
YoY Change -66.8% -52.21% -114.81%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 216.8M 345.4M -18.40M
YoY Change -37.23% -299.08% -98.12%
NET CHANGE
Cash From Operating Activities -272.6M 236.3M 357.0M
Cash From Investing Activities -25.80M -77.70M -79.00M
Cash From Financing Activities 216.8M 345.4M -18.40M
Net Change In Cash -81.60M 504.0M 259.6M
YoY Change -116.19% 511.65% 279.53%
FREE CASH FLOW
Cash From Operating Activities -$272.6M $236.3M $357.0M
Capital Expenditures -$32.80M -$1.300M -$95.50M
Free Cash Flow -$239.8M $237.6M $452.5M
YoY Change -200.93% -52.65% -23.08%

Facts In Submission

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CY2017 luk Income From Equity Method Investments Classified As Other Revenues
IncomeFromEquityMethodInvestmentsClassifiedAsOtherRevenues
75889000 USD
CY2015 luk Income Loss From Discontinued Operations Net Of Taxes Attributable To Parent
IncomeLossFromDiscontinuedOperationsNetOfTaxesAttributableToParent
429000 USD
CY2016 luk Income Loss From Discontinued Operations Net Of Taxes Attributable To Parent
IncomeLossFromDiscontinuedOperationsNetOfTaxesAttributableToParent
0 USD
CY2017 luk Income Loss From Discontinued Operations Net Of Taxes Attributable To Parent
IncomeLossFromDiscontinuedOperationsNetOfTaxesAttributableToParent
0 USD
CY2015 luk Income Losses Relatedto Associated Companies Including Income Losses Relatedto Subsidiary Associated Companies Primarily Classifiedas Revenues
IncomeLossesRelatedtoAssociatedCompaniesIncludingIncomeLossesRelatedtoSubsidiaryAssociatedCompaniesPrimarilyClassifiedasRevenues
185998000 USD
CY2016 luk Income Losses Relatedto Associated Companies Including Income Losses Relatedto Subsidiary Associated Companies Primarily Classifiedas Revenues
IncomeLossesRelatedtoAssociatedCompaniesIncludingIncomeLossesRelatedtoSubsidiaryAssociatedCompaniesPrimarilyClassifiedasRevenues
171782000 USD
CY2017 luk Income Losses Relatedto Associated Companies Including Income Losses Relatedto Subsidiary Associated Companies Primarily Classifiedas Revenues
IncomeLossesRelatedtoAssociatedCompaniesIncludingIncomeLossesRelatedtoSubsidiaryAssociatedCompaniesPrimarilyClassifiedasRevenues
34494000 USD
CY2015 luk Income Lossfrom Managed Funds
IncomeLossfromManagedFunds
-37237000 USD
CY2016 luk Income Lossfrom Managed Funds
IncomeLossfromManagedFunds
-69038000 USD
CY2017 luk Income Lossfrom Managed Funds
IncomeLossfromManagedFunds
-8118000 USD
CY2017 luk Income Tax Expense Benefitfrom Repatriationof Foreign Earnings
IncomeTaxExpenseBenefitfromRepatriationofForeignEarnings
-31900000 USD
CY2015 luk Increase Decrease In Cash And Securities Segregated And On Deposit For Regulatory Purposes Or Deposited With Clearing And Depository Organizations
IncreaseDecreaseInCashAndSecuritiesSegregatedAndOnDepositForRegulatoryPurposesOrDepositedWithClearingAndDepositoryOrganizations
-2691028000 USD
CY2016 luk Increase Decrease In Cash And Securities Segregated And On Deposit For Regulatory Purposes Or Deposited With Clearing And Depository Organizations
IncreaseDecreaseInCashAndSecuritiesSegregatedAndOnDepositForRegulatoryPurposesOrDepositedWithClearingAndDepositoryOrganizations
107771000 USD
CY2017 luk Increase Decrease In Cash And Securities Segregated And On Deposit For Regulatory Purposes Or Deposited With Clearing And Depository Organizations
IncreaseDecreaseInCashAndSecuritiesSegregatedAndOnDepositForRegulatoryPurposesOrDepositedWithClearingAndDepositoryOrganizations
-280703000 USD
CY2015 luk Increase Decrease In Investmentsin Managed Funds
IncreaseDecreaseInInvestmentsinManagedFunds
-295342000 USD
CY2016 luk Increase Decrease In Investmentsin Managed Funds
IncreaseDecreaseInInvestmentsinManagedFunds
75144000 USD
CY2017 luk Increase Decrease In Investmentsin Managed Funds
IncreaseDecreaseInInvestmentsinManagedFunds
-52897000 USD
CY2015 luk Increase Decrease In Other Assets
IncreaseDecreaseInOtherAssets
-83414000 USD
CY2016 luk Increase Decrease In Other Assets
IncreaseDecreaseInOtherAssets
283234000 USD
CY2017 luk Increase Decrease In Other Assets
IncreaseDecreaseInOtherAssets
-2987000 USD
CY2015 luk Increase Decrease In Securities Purchased Under Agreements To Resell
IncreaseDecreaseInSecuritiesPurchasedUnderAgreementsToResell
-56377000 USD
CY2016 luk Increase Decrease In Securities Purchased Under Agreements To Resell
IncreaseDecreaseInSecuritiesPurchasedUnderAgreementsToResell
112777000 USD
CY2017 luk Increase Decrease In Securities Purchased Under Agreements To Resell
IncreaseDecreaseInSecuritiesPurchasedUnderAgreementsToResell
-234740000 USD
CY2015 luk Increase Decrease Receivables From Customers Of Securities Operations
IncreaseDecreaseReceivablesFromCustomersOfSecuritiesOperations
-58233000 USD
CY2016 luk Increase Decrease Receivables From Customers Of Securities Operations
IncreaseDecreaseReceivablesFromCustomersOfSecuritiesOperations
-340690000 USD
CY2017 luk Increase Decrease Receivables From Customers Of Securities Operations
IncreaseDecreaseReceivablesFromCustomersOfSecuritiesOperations
732344000 USD
CY2015 luk Increase Decreasein Trade Payables Expense Accrualsand Other Liabilities
IncreaseDecreaseinTradePayablesExpenseAccrualsandOtherLiabilities
-225711000 USD
CY2016 luk Increase Decreasein Trade Payables Expense Accrualsand Other Liabilities
IncreaseDecreaseinTradePayablesExpenseAccrualsandOtherLiabilities
361295000 USD
CY2017 luk Increase Decreasein Trade Payables Expense Accrualsand Other Liabilities
IncreaseDecreaseinTradePayablesExpenseAccrualsandOtherLiabilities
427115000 USD
CY2015 luk Incremental Common Shares Attributable To Redeemable Convertible Preferred Shares
IncrementalCommonSharesAttributableToRedeemableConvertiblePreferredShares
0 shares
CY2016 luk Incremental Common Shares Attributable To Redeemable Convertible Preferred Shares
IncrementalCommonSharesAttributableToRedeemableConvertiblePreferredShares
0 shares
CY2017 luk Incremental Common Shares Attributable To Redeemable Convertible Preferred Shares
IncrementalCommonSharesAttributableToRedeemableConvertiblePreferredShares
0 shares
CY2015 luk Investment Recovery
InvestmentRecovery
35000000 USD
CY2016Q4 luk Investments At Fair Value Based On Net Asset Value
InvestmentsAtFairValueBasedOnNetAssetValue
24300000 USD
CY2017Q4 luk Investments At Fair Value Based On Net Asset Value
InvestmentsAtFairValueBasedOnNetAssetValue
20200000 USD
CY2016Q4 luk Investments In Managed Funds
InvestmentsInManagedFunds
515318000 USD
CY2017Q4 luk Investments In Managed Funds
InvestmentsInManagedFunds
569946000 USD
CY2016Q4 luk Mandatorily Redeemable Convertible Preferred Shares
MandatorilyRedeemableConvertiblePreferredShares
125000000 USD
CY2017Q4 luk Potential Maximum Increase To Common Shares Outstanding From Restricted Stock And Other Shares
PotentialMaximumIncreaseToCommonSharesOutstandingFromRestrictedStockAndOtherShares
16887000 shares
CY2015 luk Proceeds From Disposals Of Property And Equipment And Other Assets
ProceedsFromDisposalsOfPropertyAndEquipmentAndOtherAssets
22820000 USD
CY2016 luk Proceeds From Disposals Of Property And Equipment And Other Assets
ProceedsFromDisposalsOfPropertyAndEquipmentAndOtherAssets
62463000 USD
CY2017 luk Proceeds From Disposals Of Property And Equipment And Other Assets
ProceedsFromDisposalsOfPropertyAndEquipmentAndOtherAssets
30833000 USD
CY2015 luk Proceeds From Maturities Of Investments
ProceedsFromMaturitiesOfInvestments
379629000 USD
CY2016 luk Net Gains Losses Related To Real Estate Property And Equipment And Other Assets
NetGainsLossesRelatedToRealEstatePropertyAndEquipmentAndOtherAssets
-83053000 USD
CY2017 luk Net Gains Losses Related To Real Estate Property And Equipment And Other Assets
NetGainsLossesRelatedToRealEstatePropertyAndEquipmentAndOtherAssets
-31670000 USD
CY2017Q4 luk Otc Derivative Assets Cross Maturity Netting
OtcDerivativeAssetsCrossMaturityNetting
153610000 USD
CY2017Q4 luk Otc Derivative Assets Having Maturity Period Of Greater Than Five Years
OtcDerivativeAssetsHavingMaturityPeriodOfGreaterThanFiveYears
93529000 USD
CY2017Q4 luk Otc Derivative Assets Having Maturity Period Of One To Five Years
OtcDerivativeAssetsHavingMaturityPeriodOfOneToFiveYears
206381000 USD
CY2017Q4 luk Otc Derivative Assets Having Maturity Period Of Zero To Twelve Months
OtcDerivativeAssetsHavingMaturityPeriodOfZeroToTwelveMonths
174453000 USD
CY2017Q4 luk Otc Derivative Assets Included In Financial Instruments Owned
OtcDerivativeAssetsIncludedInFinancialInstrumentsOwned
297021000 USD
CY2017Q4 luk Otc Derivative Liabilities Cross Maturity Netting
OtcDerivativeLiabilitiesCrossMaturityNetting
153610000 USD
CY2017Q4 luk Otc Derivative Liabilities Having Maturity Period Of Greater Than Five Years
OtcDerivativeLiabilitiesHavingMaturityPeriodOfGreaterThanFiveYears
159357000 USD
CY2017Q4 luk Otc Derivative Liabilities Having Maturity Period Of One To Five Years
OtcDerivativeLiabilitiesHavingMaturityPeriodOfOneToFiveYears
318685000 USD
CY2017Q4 luk Otc Derivative Liabilities Having Maturity Period Of Zero To Twelve Months
OtcDerivativeLiabilitiesHavingMaturityPeriodOfZeroToTwelveMonths
148570000 USD
CY2017Q4 luk Mandatorily Redeemable Convertible Preferred Shares
MandatorilyRedeemableConvertiblePreferredShares
125000000 USD
CY2015 luk Manufacturing Revenues
ManufacturingRevenues
391920000 USD
CY2016 luk Manufacturing Revenues
ManufacturingRevenues
412826000 USD
CY2017 luk Manufacturing Revenues
ManufacturingRevenues
326197000 USD
CY2015 luk Minority Interest Increase From Contributions To Parent
MinorityInterestIncreaseFromContributionsToParent
16189000 USD
CY2016 luk Minority Interest Increase From Contributions To Parent
MinorityInterestIncreaseFromContributionsToParent
154522000 USD
CY2017 luk Minority Interest Increase From Contributions To Parent
MinorityInterestIncreaseFromContributionsToParent
40072000 USD
CY2015 luk Net Contributionsfrom Distributionsto Redeemable Noncontrolling Interests
NetContributionsfromDistributionstoRedeemableNoncontrollingInterests
5165000 USD
CY2016 luk Net Contributionsfrom Distributionsto Redeemable Noncontrolling Interests
NetContributionsfromDistributionstoRedeemableNoncontrollingInterests
-52889000 USD
CY2017 luk Net Contributionsfrom Distributionsto Redeemable Noncontrolling Interests
NetContributionsfromDistributionstoRedeemableNoncontrollingInterests
-90233000 USD
CY2015 luk Net Gains Losses Related To Real Estate Property And Equipment And Other Assets
NetGainsLossesRelatedToRealEstatePropertyAndEquipmentAndOtherAssets
-29776000 USD
CY2017Q4 luk Otc Derivative Liabilities Included In Trading Liabilities
OtcDerivativeLiabilitiesIncludedInTradingLiabilities
449270000 USD
CY2015 luk Other Comprehensive Income Loss Unrealized Gains Losses On Instrument Specific Credit Risk Adjustment During Period Net Of Tax
OtherComprehensiveIncomeLossUnrealizedGainsLossesOnInstrumentSpecificCreditRiskAdjustmentDuringPeriodNetOfTax
0 USD
CY2016 luk Other Comprehensive Income Loss Unrealized Gains Losses On Instrument Specific Credit Risk Adjustment During Period Net Of Tax
OtherComprehensiveIncomeLossUnrealizedGainsLossesOnInstrumentSpecificCreditRiskAdjustmentDuringPeriodNetOfTax
-6494000 USD
CY2017 luk Other Comprehensive Income Loss Unrealized Gains Losses On Instrument Specific Credit Risk Adjustment During Period Net Of Tax
OtherComprehensiveIncomeLossUnrealizedGainsLossesOnInstrumentSpecificCreditRiskAdjustmentDuringPeriodNetOfTax
-21394000 USD
CY2015 luk Other Comprehensive Income Loss Unrealized Gains Losses On Instrument Specific Credit Risk Arising During Period Net Of Tax
OtherComprehensiveIncomeLossUnrealizedGainsLossesOnInstrumentSpecificCreditRiskArisingDuringPeriodNetOfTax
0 USD
CY2016 luk Other Comprehensive Income Loss Unrealized Gains Losses On Instrument Specific Credit Risk Arising During Period Net Of Tax
OtherComprehensiveIncomeLossUnrealizedGainsLossesOnInstrumentSpecificCreditRiskArisingDuringPeriodNetOfTax
-6494000 USD
CY2017 luk Other Comprehensive Income Loss Unrealized Gains Losses On Instrument Specific Credit Risk Arising During Period Net Of Tax
OtherComprehensiveIncomeLossUnrealizedGainsLossesOnInstrumentSpecificCreditRiskArisingDuringPeriodNetOfTax
-21394000 USD
CY2015 luk Other Comprehensive Income Loss Unrealized Gains Losseson Instrument Specific Credit Risk Adjustment During Period Tax
OtherComprehensiveIncomeLossUnrealizedGainsLossesonInstrumentSpecificCreditRiskAdjustmentDuringPeriodTax
0 USD
CY2016 luk Other Comprehensive Income Loss Unrealized Gains Losseson Instrument Specific Credit Risk Adjustment During Period Tax
OtherComprehensiveIncomeLossUnrealizedGainsLossesonInstrumentSpecificCreditRiskAdjustmentDuringPeriodTax
-4251000 USD
CY2017 luk Other Comprehensive Income Loss Unrealized Gains Losseson Instrument Specific Credit Risk Adjustment During Period Tax
OtherComprehensiveIncomeLossUnrealizedGainsLossesonInstrumentSpecificCreditRiskAdjustmentDuringPeriodTax
-13215000 USD
CY2015 luk Other Comprehensive Income Loss Unrealized Gains Losseson Instrument Specific Credit Risk Arising During Period Tax
OtherComprehensiveIncomeLossUnrealizedGainsLossesonInstrumentSpecificCreditRiskArisingDuringPeriodTax
0 USD
CY2016 luk Other Comprehensive Income Loss Unrealized Gains Losseson Instrument Specific Credit Risk Arising During Period Tax
OtherComprehensiveIncomeLossUnrealizedGainsLossesonInstrumentSpecificCreditRiskArisingDuringPeriodTax
-4251000 USD
CY2017 luk Other Comprehensive Income Loss Unrealized Gains Losseson Instrument Specific Credit Risk Arising During Period Tax
OtherComprehensiveIncomeLossUnrealizedGainsLossesonInstrumentSpecificCreditRiskArisingDuringPeriodTax
-13215000 USD
CY2016Q4 luk Other Secured Financings At Fair Value
OtherSecuredFinancingsAtFairValue
41768000 USD
CY2017Q4 luk Outstanding Loan Commitmentsto Clients
OutstandingLoanCommitmentstoClients
68300000 USD
CY2016Q4 luk Payables Expense Accruals And Other Liabilities
PayablesExpenseAccrualsAndOtherLiabilities
7373708000 USD
CY2017Q4 luk Payables Expense Accruals And Other Liabilities
PayablesExpenseAccrualsAndOtherLiabilities
7167666000 USD
CY2015 luk Payments To Acquire Property Plant And Equipment And Other Assets
PaymentsToAcquirePropertyPlantAndEquipmentAndOtherAssets
295894000 USD
CY2016 luk Payments To Acquire Property Plant And Equipment And Other Assets
PaymentsToAcquirePropertyPlantAndEquipmentAndOtherAssets
318678000 USD
CY2017 luk Payments To Acquire Property Plant And Equipment And Other Assets
PaymentsToAcquirePropertyPlantAndEquipmentAndOtherAssets
193473000 USD
CY2016 luk Percentage Of Cattle Requirements Obtained
PercentageOfCattleRequirementsObtained
0.27
CY2017 luk Percentage Of Cattle Requirements Obtained
PercentageOfCattleRequirementsObtained
0.24
CY2017 luk Plan Assets Numberof Portfolios
PlanAssetsNumberofPortfolios
2 portfolio
CY2016 luk Proceeds From Maturities Of Investments
ProceedsFromMaturitiesOfInvestments
162393000 USD
CY2017 luk Proceeds From Maturities Of Investments
ProceedsFromMaturitiesOfInvestments
344223000 USD
CY2015 luk Proceeds From Other Secured Financings Net
ProceedsFromOtherSecuredFinancingsNet
205231000 USD
CY2016 luk Proceeds From Other Secured Financings Net
ProceedsFromOtherSecuredFinancingsNet
116702000 USD
CY2017 luk Proceeds From Other Secured Financings Net
ProceedsFromOtherSecuredFinancingsNet
1248000 USD
CY2015 luk Proceeds From Payments Related To Disposal Of Discontinued Operations Net Of Expenses And Cash Of Operations Sold
ProceedsFromPaymentsRelatedToDisposalOfDiscontinuedOperationsNetOfExpensesAndCashOfOperationsSold
5842000 USD
CY2016 luk Proceeds From Payments Related To Disposal Of Discontinued Operations Net Of Expenses And Cash Of Operations Sold
ProceedsFromPaymentsRelatedToDisposalOfDiscontinuedOperationsNetOfExpensesAndCashOfOperationsSold
0 USD
CY2017 luk Proceeds From Payments Related To Disposal Of Discontinued Operations Net Of Expenses And Cash Of Operations Sold
ProceedsFromPaymentsRelatedToDisposalOfDiscontinuedOperationsNetOfExpensesAndCashOfOperationsSold
0 USD
CY2015 luk Proceeds From Sale Of Subsidiary Net Of Expenses And Cash Of Operations Sold
ProceedsFromSaleOfSubsidiaryNetOfExpensesAndCashOfOperationsSold
0 USD
CY2016 luk Proceeds From Sale Of Subsidiary Net Of Expenses And Cash Of Operations Sold
ProceedsFromSaleOfSubsidiaryNetOfExpensesAndCashOfOperationsSold
0 USD
CY2017Q4 luk Tax Cuts And Jobs Act Of2017 Transition Tax For Accumulated Foreign Earnings Liability
TaxCutsAndJobsActOf2017TransitionTaxForAccumulatedForeignEarningsLiability
35165000 USD
CY2016Q3 luk Transferof Investmentfrom Trading Assetsto Loanstoand Investmentsin Associated Companies
TransferofInvestmentfromTradingAssetstoLoanstoandInvestmentsinAssociatedCompanies
334500000 USD
CY2016 luk Transferof Investmentfrom Trading Assetsto Loanstoand Investmentsin Associated Companies
TransferofInvestmentfromTradingAssetstoLoanstoandInvestmentsinAssociatedCompanies
334500000 USD
CY2017 luk Two Largest Consolidated Subsidiaries Revenue As Percentage Of Total Net Revenues
TwoLargestConsolidatedSubsidiariesRevenueAsPercentageOfTotalNetRevenues
0.92
CY2017Q4 luk Undistributed Earnings Of Equity Method Investments
UndistributedEarningsOfEquityMethodInvestments
202900000 USD
CY2016Q4 luk Variable Interest Entity Assetsof Non Consolidated Vie
VariableInterestEntityAssetsofNonConsolidatedVie
10229300000 USD
CY2017Q4 luk Variable Interest Entity Assetsof Non Consolidated Vie
VariableInterestEntityAssetsofNonConsolidatedVie
12386900000 USD
CY2016Q4 luk Receivables
Receivables
4425178000 USD
CY2017Q4 luk Receivables
Receivables
5419015000 USD
CY2016 luk Reclassificationto Redeemable Noncontrolling Interest
ReclassificationtoRedeemableNoncontrollingInterest
14234000 USD
CY2016Q4 luk Redeemable Noncontrolling Interests Carrying Amount
RedeemableNoncontrollingInterestsCarryingAmount
336809000 USD
CY2017Q4 luk Redeemable Noncontrolling Interests Carrying Amount
RedeemableNoncontrollingInterestsCarryingAmount
426593000 USD
CY2016Q4 luk Securities Borrowed Asset Collateral Received Subject To Review
SecuritiesBorrowedAssetCollateralReceivedSubjectToReview
6146000000 USD
CY2017 luk Proceeds From Sale Of Subsidiary Net Of Expenses And Cash Of Operations Sold
ProceedsFromSaleOfSubsidiaryNetOfExpensesAndCashOfOperationsSold
289767000 USD
CY2015 luk Proceeds From Sales Of Investments
ProceedsFromSalesOfInvestments
1931656000 USD
CY2016 luk Proceeds From Sales Of Investments
ProceedsFromSalesOfInvestments
483360000 USD
CY2017 luk Proceeds From Sales Of Investments
ProceedsFromSalesOfInvestments
443300000 USD
CY2015 luk Proceeds On New Securitizations
ProceedsOnNewSecuritizations
5811300000 USD
CY2016 luk Proceeds On New Securitizations
ProceedsOnNewSecuritizations
5809000000 USD
CY2017 luk Proceeds On New Securitizations
ProceedsOnNewSecuritizations
4594500000 USD
CY2015 luk Profit Loss Excluding Net Income Loss Attributable To Redeemable Noncontrolling Interests
ProfitLossExcludingNetIncomeLossAttributableToRedeemableNoncontrollingInterests
274591000 USD
CY2016 luk Profit Loss Excluding Net Income Loss Attributable To Redeemable Noncontrolling Interests
ProfitLossExcludingNetIncomeLossAttributableToRedeemableNoncontrollingInterests
124512000 USD
CY2017 luk Profit Loss Excluding Net Income Loss Attributable To Redeemable Noncontrolling Interests
ProfitLossExcludingNetIncomeLossAttributableToRedeemableNoncontrollingInterests
163896000 USD
CY2015 luk Provisionfor Doubtful Accounts Including Amounts Classifiedin Costof Goods Sold
ProvisionforDoubtfulAccountsIncludingAmountsClassifiedinCostofGoodsSold
20168000 USD
CY2016 luk Provisionfor Doubtful Accounts Including Amounts Classifiedin Costof Goods Sold
ProvisionforDoubtfulAccountsIncludingAmountsClassifiedinCostofGoodsSold
34252000 USD
CY2017 luk Provisionfor Doubtful Accounts Including Amounts Classifiedin Costof Goods Sold
ProvisionforDoubtfulAccountsIncludingAmountsClassifiedinCostofGoodsSold
45868000 USD
CY2015 luk Purchases Of Investments Other Than Short Term
PurchasesOfInvestmentsOtherThanShortTerm
873831000 USD
CY2016 luk Purchases Of Investments Other Than Short Term
PurchasesOfInvestmentsOtherThanShortTerm
739298000 USD
CY2017 luk Purchases Of Investments Other Than Short Term
PurchasesOfInvestmentsOtherThanShortTerm
1146595000 USD
CY2017Q4 luk Securities Borrowed Asset Collateral Received Subject To Review
SecuritiesBorrowedAssetCollateralReceivedSubjectToReview
5516700000 USD
CY2016Q4 luk Securities Borrowed Asset Net Subject To Review
SecuritiesBorrowedAssetNetSubjectToReview
6337500000 USD
CY2017Q4 luk Securities Borrowed Asset Net Subject To Review
SecuritiesBorrowedAssetNetSubjectToReview
5678600000 USD
CY2016Q4 luk Securities Sold Under Agreements To Repurchase Collateral Pledged Subject To Review
SecuritiesSoldUnderAgreementsToRepurchaseCollateralPledgedSubjectToReview
834200000 USD
CY2017Q4 luk Securities Sold Under Agreements To Repurchase Collateral Pledged Subject To Review
SecuritiesSoldUnderAgreementsToRepurchaseCollateralPledgedSubjectToReview
1115900000 USD
CY2016Q4 luk Securities Sold Under Agreements To Repurchase Net Amount Subject To Review
SecuritiesSoldUnderAgreementsToRepurchaseNetAmountSubjectToReview
810400000 USD
CY2017Q4 luk Securities Sold Under Agreements To Repurchase Net Amount Subject To Review
SecuritiesSoldUnderAgreementsToRepurchaseNetAmountSubjectToReview
1084400000 USD
CY2013Q1 luk Sharebased Compensation Arrangementby Sharebased Payment Award Numberof Plans
SharebasedCompensationArrangementbySharebasedPaymentAwardNumberofPlans
2 plan
CY2015 luk Tax Cuts And Jobs Act Of2017 Incomplete Accounting Change In Tax Rate Deferred Tax Asset Provisional Income Tax Expense
TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateDeferredTaxAssetProvisionalIncomeTaxExpense
0 USD
CY2016 luk Tax Cuts And Jobs Act Of2017 Incomplete Accounting Change In Tax Rate Deferred Tax Asset Provisional Income Tax Expense
TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateDeferredTaxAssetProvisionalIncomeTaxExpense
0 USD
CY2017Q4 luk Tax Cuts And Jobs Act Of2017 Incomplete Accounting Change In Tax Rate Deferred Tax Asset Provisional Income Tax Expense
TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateDeferredTaxAssetProvisionalIncomeTaxExpense
415000000 USD
CY2017 luk Tax Cuts And Jobs Act Of2017 Incomplete Accounting Change In Tax Rate Deferred Tax Asset Provisional Income Tax Expense
TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateDeferredTaxAssetProvisionalIncomeTaxExpense
415000000 USD
CY2017 luk Tax Cuts And Jobs Act Of2017 Incomplete Accounting Change In Tax Rate Deferred Tax Asset Provisional Income Tax Expense
TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateDeferredTaxAssetProvisionalIncomeTaxExpense
415000000 USD
CY2017Q4 luk Tax Cuts And Jobs Act Of2017 Incomplete Accounting Provisional Income Tax Expense
TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpense
450500000 USD
CY2017 luk Tax Cuts And Jobs Act Of2017 Incomplete Accounting Provisional Income Tax Expense
TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpense
450500000 USD
CY2015 luk Tax Cuts And Jobs Act Of2017 Incomplete Accounting Transition Tax For Accumulated Foreign Earnings Provisional Income Tax Expense
TaxCutsAndJobsActOf2017IncompleteAccountingTransitionTaxForAccumulatedForeignEarningsProvisionalIncomeTaxExpense
0 USD
CY2016 luk Tax Cuts And Jobs Act Of2017 Incomplete Accounting Transition Tax For Accumulated Foreign Earnings Provisional Income Tax Expense
TaxCutsAndJobsActOf2017IncompleteAccountingTransitionTaxForAccumulatedForeignEarningsProvisionalIncomeTaxExpense
0 USD
CY2017Q4 luk Tax Cuts And Jobs Act Of2017 Incomplete Accounting Transition Tax For Accumulated Foreign Earnings Provisional Income Tax Expense
TaxCutsAndJobsActOf2017IncompleteAccountingTransitionTaxForAccumulatedForeignEarningsProvisionalIncomeTaxExpense
35500000 USD
CY2017 luk Tax Cuts And Jobs Act Of2017 Incomplete Accounting Transition Tax For Accumulated Foreign Earnings Provisional Income Tax Expense
TaxCutsAndJobsActOf2017IncompleteAccountingTransitionTaxForAccumulatedForeignEarningsProvisionalIncomeTaxExpense
35500000 USD
CY2017 luk Tax Cuts And Jobs Act Of2017 Incomplete Accounting Transition Tax For Accumulated Foreign Earnings Provisional Income Tax Expense
TaxCutsAndJobsActOf2017IncompleteAccountingTransitionTaxForAccumulatedForeignEarningsProvisionalIncomeTaxExpense
35500000 USD
CY2017Q4 luk Tax Cuts And Jobs Act Of2017 Reclassification From Aoci To Retained Earnings
TaxCutsAndJobsActOf2017ReclassificationFromAociToRetainedEarnings
0 USD
CY2016Q4 luk Tax Cuts And Jobs Act Of2017 Transition Tax For Accumulated Foreign Earnings Liability
TaxCutsAndJobsActOf2017TransitionTaxForAccumulatedForeignEarningsLiability
0 USD
CY2016Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
518126000 USD
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
611458000 USD
CY2016Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
310697000 USD
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
372724000 USD
CY2016Q4 us-gaap Additional Collateral Aggregate Fair Value
AdditionalCollateralAggregateFairValue
26100000 USD
CY2017Q4 us-gaap Additional Collateral Aggregate Fair Value
AdditionalCollateralAggregateFairValue
14300000 USD
CY2016Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
4812587000 USD
CY2017Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
4676038000 USD
CY2015 us-gaap Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
-5900000 USD
CY2016 us-gaap Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
-4200000 USD
CY2015 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
74087000 USD
CY2016 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
33597000 USD
CY2017 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
48384000 USD
CY2015 us-gaap Advertising Expense
AdvertisingExpense
18100000 USD
CY2016 us-gaap Advertising Expense
AdvertisingExpense
20000000 USD
CY2017 us-gaap Advertising Expense
AdvertisingExpense
21600000 USD
CY2016Q4 us-gaap Alternative Investments Fair Value Disclosure
AlternativeInvestmentsFairValueDisclosure
539627000 USD
CY2017Q4 us-gaap Alternative Investments Fair Value Disclosure
AlternativeInvestmentsFairValueDisclosure
590104000 USD
CY2015 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
63900000 USD
CY2016 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
63400000 USD
CY2017 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
58200000 USD
CY2015 us-gaap Asset Management Fees1
AssetManagementFees1
34777000 USD
CY2016 us-gaap Asset Management Fees1
AssetManagementFees1
29492000 USD
CY2017 us-gaap Asset Management Fees1
AssetManagementFees1
28831000 USD
CY2015Q4 us-gaap Assets
Assets
46331184000 USD
CY2016Q4 us-gaap Assets
Assets
45071307000 USD
CY2017Q4 us-gaap Assets
Assets
47169108000 USD
CY2016Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
128083000 USD
CY2017Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
0 USD
CY2016Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
301049000 USD
CY2017Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
716561000 USD
CY2016Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
26712000 USD
CY2017Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
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36246000 USD
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0.35
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0.35
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0.35
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0.009
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0.000
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0.444
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-0.032
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-0.010
CY2017 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.011
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-0.031
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0.071
CY2017 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
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0.028
CY2015 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
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0.015
CY2016 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.017
CY2017 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.005
CY2015 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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-0.019
CY2016 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.003
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.020
CY2015 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
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0.019
CY2016 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
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0.015
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.004
CY2017Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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68000000 USD
CY2017 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y7M28D
CY2015 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
27300000 USD
CY2016 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
12400000 USD
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
17300000 USD
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EquityMethodInvestments
1712568000 USD
CY2015Q4 us-gaap Equity Method Investments
EquityMethodInvestments
1757369000 USD
CY2016Q4 us-gaap Equity Method Investments
EquityMethodInvestments
2125098000 USD
CY2017Q4 us-gaap Equity Method Investments
EquityMethodInvestments
2066829000 USD
CY2015 us-gaap Exploration And Production Revenue
ExplorationAndProductionRevenue
45939000 USD
CY2016 us-gaap Exploration And Production Revenue
ExplorationAndProductionRevenue
49890000 USD
CY2017 us-gaap Exploration And Production Revenue
ExplorationAndProductionRevenue
61541000 USD
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FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments
20295000 USD
CY2017Q4 us-gaap Fair Value Investments Entities That Calculate Net Asset Value Per Share Unfunded Committments
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments
19084000 USD
CY2015 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
455500000 USD
CY2016 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
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-115300000 USD
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FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
5900000 USD
CY2015 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
236700000 USD
CY2016 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
179600000 USD
CY2017 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
38200000 USD
CY2015 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
85800000 USD
CY2016 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
1900000 USD
CY2017 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
1700000 USD
CY2016 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
133200000 USD
CY2017 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
54900000 USD
CY2015 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
7600000 USD
CY2016Q4 us-gaap Fair Value Of Securities Received As Collateral That Can Be Resold Or Repledged
FairValueOfSecuritiesReceivedAsCollateralThatCanBeResoldOrRepledged
25500000000 USD
CY2017Q4 us-gaap Fair Value Of Securities Received As Collateral That Can Be Resold Or Repledged
FairValueOfSecuritiesReceivedAsCollateralThatCanBeResoldOrRepledged
27100000000 USD
CY2016Q4 us-gaap Fair Value Option Aggregate Differences Loans And Long Term Receivables
FairValueOptionAggregateDifferencesLoansAndLongTermReceivables
1325938000 USD
CY2017Q4 us-gaap Fair Value Option Aggregate Differences Loans And Long Term Receivables
FairValueOptionAggregateDifferencesLoansAndLongTermReceivables
752076000 USD
CY2016Q4 us-gaap Fair Value Option Aggregate Differences Long Term Debt Instruments
FairValueOptionAggregateDifferencesLongTermDebtInstruments
20202000 USD
CY2017Q4 us-gaap Fair Value Option Aggregate Differences Long Term Debt Instruments
FairValueOptionAggregateDifferencesLongTermDebtInstruments
32839000 USD
CY2015 us-gaap Fair Value Option Credit Risk Gains Losses On Assets
FairValueOptionCreditRiskGainsLossesOnAssets
-17389000 USD
CY2016 us-gaap Fair Value Option Credit Risk Gains Losses On Assets
FairValueOptionCreditRiskGainsLossesOnAssets
-68812000 USD
CY2017 us-gaap Fair Value Option Credit Risk Gains Losses On Assets
FairValueOptionCreditRiskGainsLossesOnAssets
22088000 USD
CY2016Q4 us-gaap Fair Value Option Loans Held As Assets90 Days Or More Past Due
FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue
64600000 USD
CY2017Q4 us-gaap Fair Value Option Loans Held As Assets90 Days Or More Past Due
FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue
38700000 USD
CY2016Q4 us-gaap Fair Value Option Loans Held As Assets Aggregate Amount In Nonaccrual Status Aggregated Difference
FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatusAggregatedDifference
205746000 USD
CY2017Q4 us-gaap Fair Value Option Loans Held As Assets Aggregate Amount In Nonaccrual Status Aggregated Difference
FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatusAggregatedDifference
159462000 USD
CY2016Q4 us-gaap Financial Assets Sold Under Agreements To Repurchase Gross Including Not Subject To Master Netting Arrangement
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17012332000 USD
CY2017Q4 us-gaap Financial Assets Sold Under Agreements To Repurchase Gross Including Not Subject To Master Netting Arrangement
FinancialAssetsSoldUnderAgreementsToRepurchaseGrossIncludingNotSubjectToMasterNettingArrangement
19829249000 USD
CY2016Q4 us-gaap Financial Instruments Owned At Fair Value
FinancialInstrumentsOwnedAtFairValue
15286286000 USD
CY2017Q4 us-gaap Financial Instruments Owned At Fair Value
FinancialInstrumentsOwnedAtFairValue
16229291000 USD
CY2016Q4 us-gaap Financial Instruments Sold Not Yet Purchased At Fair Value
FinancialInstrumentsSoldNotYetPurchasedAtFairValue
8388619000 USD
CY2017Q4 us-gaap Financial Instruments Sold Not Yet Purchased At Fair Value
FinancialInstrumentsSoldNotYetPurchasedAtFairValue
8454965000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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58454000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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57984000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
58067000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
58454000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
58454000 USD
CY2015 us-gaap Floor Brokerage Exchange And Clearance Fees
FloorBrokerageExchangeAndClearanceFees
199780000 USD
CY2016 us-gaap Floor Brokerage Exchange And Clearance Fees
FloorBrokerageExchangeAndClearanceFees
167205000 USD
CY2017 us-gaap Floor Brokerage Exchange And Clearance Fees
FloorBrokerageExchangeAndClearanceFees
174506000 USD
CY2015 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-167626000 USD
CY2016 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-649789000 USD
CY2017 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-319318000 USD
CY2015 us-gaap Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
0 USD
CY2016 us-gaap Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
0 USD
CY2017 us-gaap Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
6033000 USD
CY2015 us-gaap Gain Loss On Investments
GainLossOnInvestments
62957000 USD
CY2016 us-gaap Gain Loss On Investments
GainLossOnInvestments
29542000 USD
CY2017 us-gaap Gain Loss On Investments
GainLossOnInvestments
23028000 USD
CY2015 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
757788000 USD
CY2016 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
831892000 USD
CY2017 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
817620000 USD
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IncomeLossFromContinuingOperations
274065000 USD
CY2016 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
125938000 USD
CY2017 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
167351000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
336856000 USD
CY2016Q4 us-gaap Goodwill
Goodwill
1715714000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
1722150000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
337374000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
944014000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
356536000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
316430000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1013814000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
19680000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-20944000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
69800000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
246255000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
161832000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1088715000 USD
CY2015 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
246589000 USD
CY2016Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-218602000 USD
CY2016Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
70612000 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
176206000 USD
CY2016Q4 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
166105000 USD
CY2016 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
194321000 USD
CY2017Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
293923000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
74062000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
136767000 USD
CY2017Q4 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-251905000 USD
CY2017 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
252847000 USD
CY2015 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.73
CY2016 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.34
CY2017 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.45
CY2015 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.73
CY2016 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.34
CY2017 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.45
CY2015 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
110281000 USD
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
154598000 USD
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-74901000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
109947000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
122109000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
760967000 USD
CY2015 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-13227000 USD
CY2016 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
2825000 USD
CY2017 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
0 USD
CY2015 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-11474000 USD
CY2016 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-3137000 USD
CY2015 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
-11039000 USD
CY2017 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-11577000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
124788000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
110751000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
354835000 USD
CY2016 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
22512000 USD
CY2017 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
28392000 USD
CY2015 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
5886000 USD
CY2016 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
5347000 USD
CY2017 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
4852000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-6928000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1045000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
19938000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
6789000 USD
CY2016 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
4640000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
3850000 USD
CY2015 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
510000 USD
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-13738000 USD
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
15361000 USD
CY2015 us-gaap Increase Decrease In Brokerage Receivables
IncreaseDecreaseInBrokerageReceivables
-551021000 USD
CY2016 us-gaap Increase Decrease In Brokerage Receivables
IncreaseDecreaseInBrokerageReceivables
488623000 USD
CY2017 us-gaap Increase Decrease In Brokerage Receivables
IncreaseDecreaseInBrokerageReceivables
555109000 USD
CY2015 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
93967000 USD
CY2016 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
61900000 USD
CY2017 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-236000 USD
CY2015 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
145634000 USD
CY2016 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
162748000 USD
CY2017 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
248217000 USD
CY2015 us-gaap Increase Decrease In Payables To Broker Dealers
IncreaseDecreaseInPayablesToBrokerDealers
486841000 USD
CY2016 us-gaap Increase Decrease In Payables To Broker Dealers
IncreaseDecreaseInPayablesToBrokerDealers
569246000 USD
CY2017 us-gaap Increase Decrease In Payables To Broker Dealers
IncreaseDecreaseInPayablesToBrokerDealers
-1079516000 USD
CY2015 us-gaap Increase Decrease In Payables To Customers
IncreaseDecreaseInPayablesToCustomers
-3455080000 USD
CY2016 us-gaap Increase Decrease In Payables To Customers
IncreaseDecreaseInPayablesToCustomers
-483188000 USD
CY2017 us-gaap Increase Decrease In Payables To Customers
IncreaseDecreaseInPayablesToCustomers
366721000 USD
CY2015 us-gaap Increase Decrease In Payables Under Repurchase Agreements
IncreaseDecreaseInPayablesUnderRepurchaseAgreements
-688355000 USD
CY2016 us-gaap Increase Decrease In Payables Under Repurchase Agreements
IncreaseDecreaseInPayablesUnderRepurchaseAgreements
-3144433000 USD
CY2017 us-gaap Increase Decrease In Payables Under Repurchase Agreements
IncreaseDecreaseInPayablesUnderRepurchaseAgreements
1838793000 USD
CY2015 us-gaap Increase Decrease In Securities Borrowed
IncreaseDecreaseInSecuritiesBorrowed
127060000 USD
CY2016 us-gaap Increase Decrease In Securities Borrowed
IncreaseDecreaseInSecuritiesBorrowed
805779000 USD
CY2017 us-gaap Increase Decrease In Securities Borrowed
IncreaseDecreaseInSecuritiesBorrowed
-50660000 USD
CY2015 us-gaap Increase Decrease In Securities Loaned Transactions
IncreaseDecreaseInSecuritiesLoanedTransactions
420929000 USD
CY2016 us-gaap Increase Decrease In Securities Loaned Transactions
IncreaseDecreaseInSecuritiesLoanedTransactions
-122946000 USD
CY2017 us-gaap Increase Decrease In Securities Loaned Transactions
IncreaseDecreaseInSecuritiesLoanedTransactions
381000 USD
CY2015 us-gaap Increase Decrease In Trading Liabilities
IncreaseDecreaseInTradingLiabilities
-2011277000 USD
CY2016 us-gaap Increase Decrease In Trading Liabilities
IncreaseDecreaseInTradingLiabilities
1727698000 USD
CY2017 us-gaap Increase Decrease In Trading Liabilities
IncreaseDecreaseInTradingLiabilities
-25663000 USD
CY2015 us-gaap Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
-1380230000 USD
CY2016 us-gaap Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
-2687399000 USD
CY2017 us-gaap Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
596780000 USD
CY2015 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
6500000 shares
CY2016 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
1986800 shares
CY2017 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
1401000 shares
CY2016Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
797964000 USD
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
741030000 USD
CY2016Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
2513678000 USD
CY2017Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
2463180000 USD
CY2015 us-gaap Interest Expense
InterestExpense
115804000 USD
CY2016 us-gaap Interest Expense
InterestExpense
108703000 USD
CY2017 us-gaap Interest Expense
InterestExpense
107859000 USD
CY2015 us-gaap Interest Income Operating
InterestIncomeOperating
955240000 USD
CY2016 us-gaap Interest Income Operating
InterestIncomeOperating
926255000 USD
CY2017 us-gaap Interest Income Operating
InterestIncomeOperating
993537000 USD
CY2015 us-gaap Interest Paid Net
InterestPaidNet
980266000 USD
CY2016 us-gaap Interest Paid Net
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0 USD
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0 USD
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0 USD
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0 USD
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1086000 USD
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5451000 USD
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3917000 USD
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CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Before Reclassification Adjustments Tax
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7152000 USD
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2018000 USD
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10930000 USD
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4000 USD
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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212000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
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6068000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
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2000 USD
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
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124000 USD
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31102000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
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1534000 USD
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
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517000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
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CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
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CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
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0 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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0 USD
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0 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
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0 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
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3900000 USD
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5923000 USD
CY2015 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
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2262000 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
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3450000 USD
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8006000 USD
CY2016 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
22673000 USD
CY2017 us-gaap Other Depreciation And Amortization
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17860000 USD
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OtherIncome
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OtherIncome
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OtherIncome
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OtherOperatingIncome
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OtherOperatingIncome
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4711000 USD
CY2016 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
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574000 USD
CY2017 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
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610000 USD
CY2016Q4 us-gaap Payables To Broker Dealers And Clearing Organizations
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3290400000 USD
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2228900000 USD
CY2016Q4 us-gaap Payables To Customers
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2664000000 USD
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2532000 USD
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CY2017 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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CY2015 us-gaap Payments For Repurchase Of Common Stock
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125754000 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
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95020000 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
100477000 USD
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92550000 USD
CY2016 us-gaap Payments Of Dividends Common Stock
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91296000 USD
CY2017 us-gaap Payments Of Dividends Common Stock
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117407000 USD
CY2015 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2016 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
9673000 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2015 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
1492060000 USD
CY2016 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
763528000 USD
CY2017 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
3305791000 USD
CY2015 us-gaap Payments To Acquire Receivables
PaymentsToAcquireReceivables
420219000 USD
CY2016 us-gaap Payments To Acquire Receivables
PaymentsToAcquireReceivables
342281000 USD
CY2017 us-gaap Payments To Acquire Receivables
PaymentsToAcquireReceivables
39953000 USD
CY2015 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
7277000 USD
CY2016 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
18544000 USD
CY2017 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
12031000 USD
CY2016Q4 us-gaap Pledged Financial Instruments Not Separately Reported Securities Pledged
PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged
9706881000 USD
CY2017Q4 us-gaap Pledged Financial Instruments Not Separately Reported Securities Pledged
PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged
10842051000 USD
CY2015 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
4063000 USD
CY2016Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1016000 USD
CY2016Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1015000 USD
CY2016Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1016000 USD
CY2016Q4 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1016000 USD
CY2016 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
4063000 USD
CY2017Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1016000 USD
CY2017Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1015000 USD
CY2017Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1172000 USD
CY2017Q4 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1172000 USD
CY2017 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
4375000 USD
CY2015 us-gaap Principal Transactions Revenue
PrincipalTransactionsRevenue
642824000 USD
CY2016 us-gaap Principal Transactions Revenue
PrincipalTransactionsRevenue
603822000 USD
CY2017 us-gaap Principal Transactions Revenue
PrincipalTransactionsRevenue
931576000 USD
CY2015 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1223000 USD
CY2016 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1062000 USD
CY2017 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1501000 USD
CY2015 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
15469000 USD
CY2016 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
154522000 USD
CY2017 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
40072000 USD
CY2015 us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
363595000 USD
CY2016 us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
1020050000 USD
CY2017 us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
2095559000 USD
CY2015 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
750000 USD
CY2016 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
488000 USD
CY2017 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1000 USD
CY2015 us-gaap Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
0 USD
CY2016 us-gaap Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
-46536000 USD
CY2017 us-gaap Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
-5650000 USD
CY2015 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
298659000 USD
CY2016 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
204882000 USD
CY2017 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
23324000 USD
CY2015 us-gaap Proceeds From Sale And Collection Of Receivables
ProceedsFromSaleAndCollectionOfReceivables
153004000 USD
CY2016 us-gaap Proceeds From Sale And Collection Of Receivables
ProceedsFromSaleAndCollectionOfReceivables
121825000 USD
CY2017 us-gaap Proceeds From Sale And Collection Of Receivables
ProceedsFromSaleAndCollectionOfReceivables
270689000 USD
CY2015 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
0 USD
CY2016 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
0 USD
CY2017 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
173105000 USD
CY2015 us-gaap Profit Loss
ProfitLoss
252111000 USD
CY2016 us-gaap Profit Loss
ProfitLoss
194321000 USD
CY2017 us-gaap Profit Loss
ProfitLoss
252847000 USD
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1227368000 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1361861000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
709242000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
750403000 USD
CY2016Q4 us-gaap Receivables From Brokers Dealers And Clearing Organizations
ReceivablesFromBrokersDealersAndClearingOrganizations
2062900000 USD
CY2017Q4 us-gaap Receivables From Brokers Dealers And Clearing Organizations
ReceivablesFromBrokersDealersAndClearingOrganizations
2635200000 USD
CY2016Q4 us-gaap Receivables From Customers
ReceivablesFromCustomers
843100000 USD
CY2017Q4 us-gaap Receivables From Customers
ReceivablesFromCustomers
1563800000 USD
CY2016 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
1530000 USD
CY2017 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
5615000 USD
CY2016 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
14800000 USD
CY2017 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
13400000 USD
CY2015 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
1316494000 USD
CY2016 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
962515000 USD
CY2017 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
1401104000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
4645391000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
4700968000 USD
CY2016 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
30900000 USD
CY2017 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
31700000 USD
CY2015 us-gaap Revenues
Revenues
11683927000 USD
CY2016 us-gaap Revenues
Revenues
10875254000 USD
CY2017 us-gaap Revenues
Revenues
12407854000 USD
CY2015 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
10886458000 USD
CY2016Q1 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
2015106000 USD
CY2016Q2 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
2625358000 USD
CY2016Q3 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
2676375000 USD
CY2016Q4 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
2745778000 USD
CY2016 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
10062617000 USD
CY2017Q1 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
2867982000 USD
CY2017Q2 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
2732380000 USD
CY2017Q3 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
2896522000 USD
CY2017Q4 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
2939509000 USD
CY2017 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
11436393000 USD
CY2015 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
7396869000 USD
CY2016 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
7021902000 USD
CY2017 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
7353663000 USD
CY2016Q4 us-gaap Secured Borrowings Gross Including Not Subject To Master Netting Arrangement
SecuredBorrowingsGrossIncludingNotSubjectToMasterNettingArrangement
19831464000 USD
CY2017Q4 us-gaap Secured Borrowings Gross Including Not Subject To Master Netting Arrangement
SecuredBorrowingsGrossIncludingNotSubjectToMasterNettingArrangement
22673160000 USD
CY2017Q4 us-gaap Secured Debt
SecuredDebt
484300000 USD
CY2016Q4 us-gaap Securities Borrowed
SecuritiesBorrowed
7743562000 USD
CY2017Q4 us-gaap Securities Borrowed
SecuritiesBorrowed
7721803000 USD
CY2016Q4 us-gaap Securities Borrowed Collateral Obligation To Return Cash
SecuritiesBorrowedCollateralObligationToReturnCash
710611000 USD
CY2017Q4 us-gaap Securities Borrowed Collateral Obligation To Return Cash
SecuritiesBorrowedCollateralObligationToReturnCash
966712000 USD
CY2016Q4 us-gaap Securities Borrowed Collateral Obligation To Return Securities
SecuritiesBorrowedCollateralObligationToReturnSecurities
647290000 USD
CY2017Q4 us-gaap Securities Borrowed Collateral Obligation To Return Securities
SecuritiesBorrowedCollateralObligationToReturnSecurities
1032629000 USD
CY2016Q4 us-gaap Securities Borrowed Gross
SecuritiesBorrowedGross
7743562000 USD
CY2017Q4 us-gaap Securities Borrowed Gross
SecuritiesBorrowedGross
7721803000 USD
CY2016Q4 us-gaap Securities Borrowed Liability
SecuritiesBorrowedLiability
0 USD
CY2017Q4 us-gaap Securities Borrowed Liability
SecuritiesBorrowedLiability
0 USD
CY2016Q4 us-gaap Securities Borrowed Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesBorrowedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
6385661000 USD
CY2017Q4 us-gaap Securities Borrowed Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesBorrowedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
5722462000 USD
CY2016Q4 us-gaap Securities Loaned
SecuritiesLoaned
2819132000 USD
CY2017Q4 us-gaap Securities Loaned
SecuritiesLoaned
2843911000 USD
CY2016Q4 us-gaap Securities Loaned Asset
SecuritiesLoanedAsset
0 USD
CY2017Q4 us-gaap Securities Loaned Asset
SecuritiesLoanedAsset
0 USD
CY2016Q4 us-gaap Securities Loaned Collateral Right To Reclaim Cash
SecuritiesLoanedCollateralRightToReclaimCash
710611000 USD
CY2017Q4 us-gaap Securities Loaned Collateral Right To Reclaim Cash
SecuritiesLoanedCollateralRightToReclaimCash
966712000 USD
CY2016Q4 us-gaap Securities Loaned Collateral Right To Reclaim Securities
SecuritiesLoanedCollateralRightToReclaimSecurities
2064299000 USD
CY2017Q4 us-gaap Securities Loaned Collateral Right To Reclaim Securities
SecuritiesLoanedCollateralRightToReclaimSecurities
1795408000 USD
CY2016Q4 us-gaap Securities Loaned Gross
SecuritiesLoanedGross
2819132000 USD
CY2017Q4 us-gaap Securities Loaned Gross
SecuritiesLoanedGross
2843911000 USD
CY2016Q4 us-gaap Securities Loaned Including Not Subject To Master Netting Arrangement And Assets Other Than Securities Transferred
SecuritiesLoanedIncludingNotSubjectToMasterNettingArrangementAndAssetsOtherThanSecuritiesTransferred
2819132000 USD
CY2017Q4 us-gaap Securities Loaned Including Not Subject To Master Netting Arrangement And Assets Other Than Securities Transferred
SecuritiesLoanedIncludingNotSubjectToMasterNettingArrangementAndAssetsOtherThanSecuritiesTransferred
2843911000 USD
CY2016Q4 us-gaap Securities Loaned Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesLoanedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
44222000 USD
CY2017Q4 us-gaap Securities Loaned Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesLoanedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
81791000 USD
CY2016Q4 us-gaap Securities Purchased Under Agreements To Resell
SecuritiesPurchasedUnderAgreementsToResell
3862488000 USD
CY2017Q4 us-gaap Securities Purchased Under Agreements To Resell
SecuritiesPurchasedUnderAgreementsToResell
3689559000 USD
CY2016Q4 us-gaap Securities Purchased Under Agreements To Resell Amount Offset Against Collateral
SecuritiesPurchasedUnderAgreementsToResellAmountOffsetAgainstCollateral
94559000 USD
CY2017Q4 us-gaap Securities Purchased Under Agreements To Resell Amount Offset Against Collateral
SecuritiesPurchasedUnderAgreementsToResellAmountOffsetAgainstCollateral
18439000 USD
CY2016Q4 us-gaap Securities Purchased Under Agreements To Resell Collateral Obligation To Return Cash
SecuritiesPurchasedUnderAgreementsToResellCollateralObligationToReturnCash
176275000 USD
CY2017Q4 us-gaap Securities Purchased Under Agreements To Resell Collateral Obligation To Return Cash
SecuritiesPurchasedUnderAgreementsToResellCollateralObligationToReturnCash
463973000 USD
CY2016Q4 us-gaap Securities Purchased Under Agreements To Resell Collateral Obligation To Return Securities
SecuritiesPurchasedUnderAgreementsToResellCollateralObligationToReturnSecurities
3591654000 USD
CY2017Q4 us-gaap Securities Purchased Under Agreements To Resell Collateral Obligation To Return Securities
SecuritiesPurchasedUnderAgreementsToResellCollateralObligationToReturnSecurities
3207147000 USD
CY2016Q4 us-gaap Securities Purchased Under Agreements To Resell Gross
SecuritiesPurchasedUnderAgreementsToResellGross
14083144000 USD
CY2017Q4 us-gaap Securities Purchased Under Agreements To Resell Gross
SecuritiesPurchasedUnderAgreementsToResellGross
14858297000 USD
CY2016Q4 us-gaap Securities Purchased Under Agreements To Resell Liability
SecuritiesPurchasedUnderAgreementsToResellLiability
10220656000 USD
CY2017Q4 us-gaap Securities Purchased Under Agreements To Resell Liability
SecuritiesPurchasedUnderAgreementsToResellLiability
11168738000 USD
CY2016Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
6791676000 USD
CY2017Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
8660511000 USD
CY2016Q4 us-gaap Securities Sold Under Agreements To Repurchase Amount Offset Against Collateral
SecuritiesSoldUnderAgreementsToRepurchaseAmountOffsetAgainstCollateral
834492000 USD
CY2017Q4 us-gaap Securities Sold Under Agreements To Repurchase Amount Offset Against Collateral
SecuritiesSoldUnderAgreementsToRepurchaseAmountOffsetAgainstCollateral
1129026000 USD
CY2016Q4 us-gaap Securities Sold Under Agreements To Repurchase Asset
SecuritiesSoldUnderAgreementsToRepurchaseAsset
10220656000 USD
CY2017Q4 us-gaap Securities Sold Under Agreements To Repurchase Asset
SecuritiesSoldUnderAgreementsToRepurchaseAsset
11168738000 USD
CY2016Q4 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Cash
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash
176275000 USD
CY2017Q4 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Cash
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash
463973000 USD
CY2016Q4 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Securities
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities
5780909000 USD
CY2017Q4 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Securities
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities
7067512000 USD
CY2016Q4 us-gaap Securities Sold Under Agreements To Repurchase Gross
SecuritiesSoldUnderAgreementsToRepurchaseGross
17012332000 USD
CY2017Q4 us-gaap Securities Sold Under Agreements To Repurchase Gross
SecuritiesSoldUnderAgreementsToRepurchaseGross
19829249000 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
74087000 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
74100000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
33597000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
33600000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
48400000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
48384000 USD
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
264000 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
23.07
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
6000 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
0 USD
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
65000 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
977000 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
20000 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
290000 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
1156000 USD
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1640000 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
661000 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
641000 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
331000 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
24.91
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
24.97
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
24.80
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
23.03
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
21.66
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0.00
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
22.75
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
24.88
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
30.49
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
26.98
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.00
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.00
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.00
CY2017Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
911000 USD
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P1Y
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P1Y
CY2016Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
525842000 USD
CY2017Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
436215000 USD
CY2016Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.0177
CY2017Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.0251
CY2017Q4 us-gaap Shortterm Debt Fair Value
ShorttermDebtFairValue
23324000 USD
CY2015 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
2000 shares
CY2016 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
CY2017 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
20000 shares
CY2017Q4 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
12500000 shares
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
10128100000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
10105957000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10370022000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10465890000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10303649000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10138979000 USD
CY2015 us-gaap Stockholders Equity Other
StockholdersEquityOther
-1513000 USD
CY2016 us-gaap Stockholders Equity Other
StockholdersEquityOther
-223000 USD
CY2017 us-gaap Stockholders Equity Other
StockholdersEquityOther
-7333000 USD
CY2015 us-gaap Taxes Other
TaxesOther
21900000 USD
CY2016 us-gaap Taxes Other
TaxesOther
35400000 USD
CY2017 us-gaap Taxes Other
TaxesOther
39600000 USD
CY2016Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
56947654 shares
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
60165980 shares
CY2015 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
125754000 USD
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1347000 USD
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3475000 USD
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CY2017 us-gaap Derivatives Methods Of Accounting Hedging Derivatives
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Hedge Accounting</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Jefferies applies hedge accounting using interest rate swaps designated as fair value hedges of changes in the benchmark interest rate of fixed rate senior long-term debt. Jefferies interest rate swaps are included as derivative contracts in Trading assets and Trading liabilities in the Consolidated Statements of Financial Condition. Jefferies uses regression analysis to perform ongoing prospective and retrospective assessments of the effectiveness of these hedging relationships. A hedging relationship is deemed effective if the change in fair value of the interest rate swap and the change in the fair value of the long-term debt due to changes in the benchmark interest rate offset within a range of </font><font style="font-family:inherit;font-size:10pt;">80%</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;">125%</font><font style="font-family:inherit;font-size:10pt;">. The impact of valuation adjustments related to Jefferies own credit spreads and counterparty credit spreads are included in the assessment of effectiveness.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For qualifying fair value hedges of benchmark interest rates, the change in the fair value of the derivative and the change in fair value of the long-term debt provide offset of one another, and together with any resulting ineffectiveness, are recorded in Interest expense. See Note 5 for further information.</font></div></div>
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:16px;padding-top:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Nature of Operations</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Leucadia National Corporation (&#8220;Leucadia&#8221; or the &#8220;Company&#8221;) is a diversified holding company focused on long-term value creation to maximize shareholder value.&#160;We continuously review acquisitions of businesses, securities and assets that have the potential for significant long-term value creation, invest in a broad array of businesses, and evaluate the retention and disposition of our existing operations and holdings.&#160;Changes in the mix of our businesses and investments should be expected.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our financial services businesses and investments include Jefferies (investment banking and capital markets), Leucadia Asset Management (asset management), Berkadia (commercial mortgage banking, investment sales and servicing), HomeFed (real estate company), FXCM (provider of online foreign exchange trading services) and Foursight Capital (vehicle finance). We also own and have investments in a diverse array of other businesses, including National Beef (beef processing), HRG Group ("HRG") (consumer products), Garcadia (automobile dealerships), Linkem (fixed wireless broadband services in Italy), Vitesse Energy and JETX Energy (oil and gas production and development), Idaho Timber (manufacturing) and Golden Queen (gold and silver mining). The structure of each of our investments was tailored to the unique opportunity each transaction presented. Our investments may be reflected in our consolidated results as consolidated subsidiaries, equity investments, securities or in other ways, depending on the structure of our specific holdings.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Jefferies is the largest independent U.S. headquartered global full-service, integrated securities and investment banking firm. In March 2013, Jefferies became an indirect wholly-owned subsidiary of Leucadia, yet retains a separate credit rating and continues to be a separate SEC reporting company.&#160; Through Jefferies, we own </font><font style="font-family:inherit;font-size:10pt;">50%</font><font style="font-family:inherit;font-size:10pt;"> of Jefferies Finance LLC ("Jefferies Finance"), our joint venture with Massachusetts Mutual Life Insurance Company.&#160; Jefferies Finance is a commercial finance company whose primary focus is the origination and syndication of senior secured debt of middle market and growth companies in the form of term and revolving loans.&#160;Through Jefferies, we also owned a </font><font style="font-family:inherit;font-size:10pt;">48.5%</font><font style="font-family:inherit;font-size:10pt;"> voting interest in Jefferies LoanCore, LLC ("Jefferies LoanCore"), a joint venture with the Government of Singapore Investment Corporation, the Canadian Pension Plan Investment Board and LoanCore, LLC.&#160;Jefferies LoanCore originates, purchases and securitizes commercial real estate loans throughout the U.S. On October 31, 2017, Jefferies sold all of its membership interests in Jefferies LoanCore for approximately </font><font style="font-family:inherit;font-size:10pt;">$173.1 million</font><font style="font-family:inherit;font-size:10pt;">, the estimated book value as of October 31, 2017. In addition, Jefferies may be entitled to additional cash consideration over the next </font><font style="font-family:inherit;font-size:10pt;">five</font><font style="font-family:inherit;font-size:10pt;"> years in the event Jefferies LoanCore's yearly return on equity exceeds certain thresholds.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Jefferies has a November 30</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">th</sup></font><font style="font-family:inherit;font-size:10pt;"> year-end, which it retains for standalone reporting purposes. We reflect Jefferies in our consolidated financial statements utilizing a one month lag.&#160;We have reviewed Jefferies business and internal operating results for the month of December 2017 for the purpose of evaluating whether financial statement disclosures or adjustments are required in this Annual Report on Form 10-K, and we have concluded that, other than the effects of the Tax Cuts and Jobs Act of 2017 (the "Tax Act"), no additional disclosures or adjustments are warranted. See Note 20 to our consolidated financial statements for additional information.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Leucadia Asset Management ("LAM") supports and develops focused alternative asset management businesses led by distinct management teams. These include Folger Hill Asset Management LLC ("Folger Hill"), a multi-manager discretionary long/short equity hedge fund platform; Topwater Capital, a first-loss product; CoreCommodity Management LLC, an asset manager that focuses on commodities strategies; Tenacis Capital, a systematic macro investment platform; Lake Hill, an electronic trader in listed options and futures across asset classes; as well as several other smaller businesses. In addition, several investment management businesses, including Jefferies Strategic Investments Division, operate under Jefferies and are included under our marketing of the LAM platform. </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Berkadia Commercial Mortgage LLC ("Berkadia"), our </font><font style="font-family:inherit;font-size:10pt;">50</font><font style="font-family:inherit;font-size:10pt;">-50 equity method joint venture with Berkshire Hathaway Inc., provides capital solutions, investment sales advisory and mortgage servicing for multifamily and commercial properties. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We own an approximate </font><font style="font-family:inherit;font-size:10pt;">70%</font><font style="font-family:inherit;font-size:10pt;"> equity method interest of HomeFed, which owns and develops residential and mixed use real estate properties.&#160;We have contractually agreed to limit our voting rights to </font><font style="font-family:inherit;font-size:10pt;">45%</font><font style="font-family:inherit;font-size:10pt;"> of HomeFed's total voting securities voting on any matter. HomeFed is a public company traded on the NASD OTC Bulletin Board. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our investment in FXCM Group, LLC ("FXCM") and associated companies consist of a senior secured term loan due January 2019, (</font><font style="font-family:inherit;font-size:10pt;">$69.9 million</font><font style="font-family:inherit;font-size:10pt;"> principal outstanding at </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">); a </font><font style="font-family:inherit;font-size:10pt;">50%</font><font style="font-family:inherit;font-size:10pt;"> voting interest in FXCM and up to </font><font style="font-family:inherit;font-size:10pt;">75%</font><font style="font-family:inherit;font-size:10pt;"> of all distributions. FXCM's </font><font style="font-family:inherit;font-size:10pt;">six</font><font style="font-family:inherit;font-size:10pt;">-member board is comprised of </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> directors appointed by Leucadia and </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> directors appointed by Global Brokerage Holdings, LLC ("Global Brokerage Holdings"). See Notes 4 and 10 to our consolidated financial statements for additional information.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We own </font><font style="font-family:inherit;font-size:10pt;">100%</font><font style="font-family:inherit;font-size:10pt;"> of Foursight Capital, an auto loan originator and servicer, and </font><font style="font-family:inherit;font-size:10pt;">85%</font><font style="font-family:inherit;font-size:10pt;"> of Chrome Capital, which owns and manages a portfolio of leases on used Harley-Davidson motorcycles and is in the process of winding down.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We own </font><font style="font-family:inherit;font-size:10pt;">78.9%</font><font style="font-family:inherit;font-size:10pt;"> of National Beef Packing Company.&#160;National Beef processes and markets fresh and chilled boxed beef, ground beef, beef by-products, consumer-ready beef and pork, and wet blue leather for domestic and international markets.&#160;National Beef operates </font><font style="font-family:inherit;font-size:10pt;">two</font><font style="font-family:inherit;font-size:10pt;"> beef processing facilities, </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> consumer-ready processing facilities and a wet blue tanning facility, all located in the U.S. National Beef operates one of the largest wet blue tanning facilities in the world that sells processed hides to tanners that produce finished leather for the automotive, luxury goods, apparel and furniture industries.&#160;National Beef owns Kansas City Steak Company, LLC, which sells portioned beef and other products directly to customers through the internet, direct mail and direct response television.&#160;National Beef also owns a refrigerated and livestock transportation and logistics company that provides transportation services for National Beef and third parties.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We own approximately </font><font style="font-family:inherit;font-size:10pt;">23%</font><font style="font-family:inherit;font-size:10pt;"> of HRG Group, Inc. ("HRG"), a publicly traded company (NYSE: HRG), and we reflect this investment at fair value based on quoted market prices. HRG primarily owns approximately </font><font style="font-family:inherit;font-size:10pt;">59%</font><font style="font-family:inherit;font-size:10pt;"> of Spectrum Brands, a publicly traded (NYSE: SPB) global consumer products company. HRG sold its approximate </font><font style="font-family:inherit;font-size:10pt;">80%</font><font style="font-family:inherit;font-size:10pt;"> interest in Fidelity &amp; Guaranty Life, a life insurance and annuity products company and </font><font style="font-family:inherit;font-size:10pt;">100%</font><font style="font-family:inherit;font-size:10pt;"> interest in Front Street, a long-term reinsurance company to CF Corporation in the fourth quarter of 2017. </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Garcadia is an equity method joint venture that owns and operates </font><font style="font-family:inherit;font-size:10pt;">28</font><font style="font-family:inherit;font-size:10pt;"> automobile dealerships in California, Texas, Iowa and Michigan. We own approximately </font><font style="font-family:inherit;font-size:10pt;">75%</font><font style="font-family:inherit;font-size:10pt;"> of Garcadia and have board representation and votes equal to the other member of the joint venture.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We own approximately </font><font style="font-family:inherit;font-size:10pt;">42%</font><font style="font-family:inherit;font-size:10pt;"> of the common shares of Linkem, as well as convertible preferred shares which, if converted, would increase our ownership to approximately </font><font style="font-family:inherit;font-size:10pt;">53%</font><font style="font-family:inherit;font-size:10pt;"> of Linkem's common equity at </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">.&#160;Linkem provides residential broadband services using LTE technologies deployed over the 3.5 GHz spectrum band. Linkem operates in Italy, which has few cable television systems and poor broadband alternatives. Linkem is accounted for under the equity method. </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Vitesse Energy, LLC ("Vitesse") is our </font><font style="font-family:inherit;font-size:10pt;">96%</font><font style="font-family:inherit;font-size:10pt;"> owned consolidated subsidiary that acquires and develops non-operated working and royalty oil and gas interests in the Bakken Shale oil field in North Dakota and Montana as well as the Denver-Julesburg Basin in Wyoming. JETX Energy, LLC ("JETX"), formerly Juneau Energy, LLC, is our </font><font style="font-family:inherit;font-size:10pt;">98%</font><font style="font-family:inherit;font-size:10pt;"> owned consolidated subsidiary that engages in the development and production of oil and gas from onshore, unconventional resource areas.&#160;JETX currently has non-operated working interests and acreage in east Texas.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Idaho Timber is our consolidated subsidiary engaged in the manufacture and distribution of various wood products, including the following principal activities:&#160; remanufacturing dimension lumber; remanufacturing, bundling and bar coding of home center boards for large retailers; and production of pine dimension lumber and 5/4&#8221; radius-edge, pine decking.&#160; </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Golden Queen Mining Company, LLC ("Golden Queen") owns the Soledad Mountain project, an open pit, heap leach gold and silver mining project in Kern County, California, which commenced gold and silver production in March 2016.&#160;We and the Clay family have formed and made contributions to a limited liability company, controlled by us, through which we invested in Golden Queen for the development and operation of the project. Our effective ownership of Golden Queen is approximately </font><font style="font-family:inherit;font-size:10pt;">35%</font><font style="font-family:inherit;font-size:10pt;"> and is accounted for under the equity method.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Conwed Plastics ("Conwed") was our consolidated subsidiary that manufactured and marketed lightweight plastic netting used for building and construction, erosion and sediment control, packaging, agricultural purposes, carpet padding, filtration, consumer products and other purposes.&#160;In January 2017, we sold </font><font style="font-family:inherit;font-size:10pt;">100%</font><font style="font-family:inherit;font-size:10pt;"> of Conwed to Schweitzer-Mauduit International, Inc., (NYSE:SWM) for </font><font style="font-family:inherit;font-size:10pt;">$295 million</font><font style="font-family:inherit;font-size:10pt;"> in cash plus potential earn-out payments in 2019, 2020 and 2021 totaling up to </font><font style="font-family:inherit;font-size:10pt;">$40 million</font><font style="font-family:inherit;font-size:10pt;"> in cash to the extent the results of Conwed&#8217;s subsidiary, Filtrexx International, exceed certain performance thresholds. We recognized a </font><font style="font-family:inherit;font-size:10pt;">$178.2 million</font><font style="font-family:inherit;font-size:10pt;"> pre-tax gain (net of working capital adjustments) on the sale of Conwed in Other revenues during the </font><font style="font-family:inherit;font-size:10pt;">year ended December 31, 2017</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div>

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