2016 Q4 Form 10-Q Financial Statement
#000103797616000147 Filed on November 03, 2016
Income Statement
Concept | 2016 Q4 | 2016 Q3 | 2015 Q3 |
---|---|---|---|
Revenue | $2.158B | $1.705B | $1.501B |
YoY Change | 14.35% | 13.58% | 9.91% |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $1.856B | $1.580B | $1.336B |
YoY Change | 16.8% | 18.27% | 9.84% |
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $43.30M | $35.90M | $26.70M |
YoY Change | 39.68% | 34.46% | 21.36% |
% of Gross Profit | |||
Operating Expenses | $1.932B | $1.634B | $1.381B |
YoY Change | 18.26% | 18.33% | 11.51% |
Operating Profit | $226.3M | $71.00M | $120.3M |
YoY Change | -10.84% | -40.98% | -5.65% |
Interest Expense | -$7.000M | -$6.900M | $6.774M |
YoY Change | -220.69% | -201.86% | -7.97% |
% of Operating Profit | -3.09% | -9.72% | 5.63% |
Other Income/Expense, Net | $0.00 | $0.00 | |
YoY Change | |||
Pretax Income | $219.3M | $64.10M | $138.9M |
YoY Change | -15.56% | -53.85% | -0.54% |
Income Tax | $52.70M | $15.90M | $25.70M |
% Of Pretax Income | 24.03% | 24.8% | 18.5% |
Net Earnings | $165.5M | $48.00M | $110.5M |
YoY Change | -15.6% | -56.56% | 5.96% |
Net Earnings / Revenue | 7.67% | 2.81% | 7.36% |
Basic Earnings Per Share | $3.66 | $1.06 | $2.45 |
Diluted Earnings Per Share | $3.62 | $1.05 | $2.43 |
COMMON SHARES | |||
Basic Shares Outstanding | 45.21M shares | 45.19M shares | 45.00M shares |
Diluted Shares Outstanding | 45.61M shares | 45.45M shares |
Balance Sheet
Concept | 2016 Q4 | 2016 Q3 | 2015 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $259.0M | $228.0M | $193.0M |
YoY Change | 19.35% | 18.13% | 18.4% |
Cash & Equivalents | $258.5M | $228.4M | $193.5M |
Short-Term Investments | |||
Other Short-Term Assets | $161.4M | $152.4M | $9.980M |
YoY Change | 62.54% | 1427.05% | -66.05% |
Inventory | |||
Prepaid Expenses | $81.70M | $91.30M | $90.07M |
Receivables | $1.871B | $1.702B | $1.407B |
Other Receivables | $927.0M | $644.0M | $264.0M |
Total Short-Term Assets | $3.300B | $2.818B | $2.094B |
YoY Change | 24.48% | 34.56% | 5.02% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $501.0M | $468.7M | $377.8M |
YoY Change | 18.36% | 24.05% | 9.59% |
Goodwill | $2.579B | $2.547B | $2.000B |
YoY Change | 20.44% | 27.37% | 4.64% |
Intangibles | $295.0M | $299.5M | $43.40M |
YoY Change | 29.84% | 590.09% | 7.31% |
Long-Term Investments | $355.0M | $360.0M | $312.0M |
YoY Change | 13.78% | 15.38% | 7.22% |
Other Assets | $68.70M | $89.20M | $64.35M |
YoY Change | -9.72% | 38.61% | -66.94% |
Total Long-Term Assets | $4.330B | $4.298B | $3.141B |
YoY Change | 22.44% | 36.86% | 6.8% |
TOTAL ASSETS | |||
Total Short-Term Assets | $3.300B | $2.818B | $2.094B |
Total Long-Term Assets | $4.330B | $4.298B | $3.141B |
Total Assets | $7.629B | $7.117B | $5.235B |
YoY Change | 23.31% | 35.94% | 6.08% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $846.0M | $764.0M | $637.0M |
YoY Change | 18.65% | 19.94% | 22.74% |
Accrued Expenses | $1.065B | $775.0M | $791.0M |
YoY Change | -2.2% | -2.02% | 18.77% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $89.50M | $55.70M | $30.50M |
YoY Change | 81.91% | 82.6% | -29.54% |
Long-Term Debt Due | $90.00M | $56.00M | $31.00M |
YoY Change | 83.67% | 80.65% | -27.91% |
Total Short-Term Liabilities | $2.966B | $2.297B | $1.862B |
YoY Change | 18.41% | 23.37% | 5.77% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $1.178B | $1.357B | $510.0M |
YoY Change | 130.08% | 166.08% | -2.86% |
Other Long-Term Liabilities | $161.3M | $309.6M | $130.3M |
YoY Change | -22.64% | 137.6% | 38.45% |
Total Long-Term Liabilities | $161.3M | $309.6M | $130.3M |
YoY Change | -22.64% | 137.6% | 38.45% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $2.966B | $2.297B | $1.862B |
Total Long-Term Liabilities | $161.3M | $309.6M | $130.3M |
Total Liabilities | $4.808B | $4.262B | $2.700B |
YoY Change | 39.05% | 57.82% | 4.75% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $2.333B | $2.183B | $1.861B |
YoY Change | 14.13% | 17.26% | 28.5% |
Common Stock | $1.014B | $1.008B | $981.1M |
YoY Change | 2.7% | 2.78% | 2.44% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $2.790B | $2.798B | $2.507B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $7.629B | $7.117B | $5.235B |
YoY Change | 23.31% | 35.94% | 6.08% |
Cashflow Statement
Concept | 2016 Q4 | 2016 Q3 | 2015 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $165.5M | $48.00M | $110.5M |
YoY Change | -15.6% | -56.56% | 5.96% |
Depreciation, Depletion And Amortization | $43.30M | $35.90M | $26.70M |
YoY Change | 39.68% | 34.46% | 21.36% |
Cash From Operating Activities | $366.4M | $130.9M | $196.7M |
YoY Change | -7.01% | -33.45% | 3.85% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$112.9M | -$88.90M | -$43.10M |
YoY Change | 86.3% | 106.26% | 19.39% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$71.70M | -$329.4M | -$49.00M |
YoY Change | -78.88% | 572.24% | -683.33% |
Cash From Investing Activities | -$184.6M | -$418.3M | -$92.20M |
YoY Change | -53.86% | 353.69% | 234.06% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -142.9M | 301.8M | -95.40M |
YoY Change | -555.1% | -416.35% | -34.43% |
NET CHANGE | |||
Cash From Operating Activities | 366.4M | 130.9M | 196.7M |
Cash From Investing Activities | -184.6M | -418.3M | -92.20M |
Cash From Financing Activities | -142.9M | 301.8M | -95.40M |
Net Change In Cash | 38.90M | 14.40M | 9.100M |
YoY Change | 53.75% | 58.24% | -44.17% |
FREE CASH FLOW | |||
Cash From Operating Activities | $366.4M | $130.9M | $196.7M |
Capital Expenditures | -$112.9M | -$88.90M | -$43.10M |
Free Cash Flow | $479.3M | $219.8M | $239.8M |
YoY Change | 5.43% | -8.34% | 6.34% |
Facts In Submission
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45200670 | shares |
CY2015Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
45049503 | shares |
CY2016Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
45200670 | shares |
CY2015Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
500000 | USD |
CY2016Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
500000 | USD |
CY2015Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
35400000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
113100000 | USD | |
CY2016Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
33000000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
101800000 | USD | |
CY2015Q4 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
561100000 | USD |
CY2016Q3 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
1412600000 | USD |
CY2015Q4 | us-gaap |
Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
|
156200000 | USD |
CY2016Q3 | us-gaap |
Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
|
191900000 | USD |
CY2015Q4 | us-gaap |
Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
|
134300000 | USD |
CY2016Q3 | us-gaap |
Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
|
168700000 | USD |
CY2015Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
114800000 | USD |
CY2016Q3 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
150600000 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
|
132900000 | USD |
CY2016Q3 | us-gaap |
Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
|
0 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
87200000 | USD |
CY2016Q3 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
183700000 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Liabilities Current
DeferredTaxLiabilitiesCurrent
|
21100000 | USD |
CY2016Q3 | us-gaap |
Deferred Tax Liabilities Current
DeferredTaxLiabilitiesCurrent
|
0 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
33000000 | USD |
CY2016Q3 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
37400000 | USD |
CY2015Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
26700000 | USD |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
77100000 | USD | |
CY2016Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
35900000 | USD |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
98500000 | USD | |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-12500000 | USD | |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
0 | USD | |
us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
14200000 | USD | |
CY2015Q3 | us-gaap |
Dividends Share Based Compensation
DividendsShareBasedCompensation
|
0 | USD |
us-gaap |
Dividends Share Based Compensation
DividendsShareBasedCompensation
|
200000 | USD | |
CY2016Q3 | us-gaap |
Dividends Share Based Compensation
DividendsShareBasedCompensation
|
0 | USD |
us-gaap |
Dividends Share Based Compensation
DividendsShareBasedCompensation
|
200000 | USD | |
CY2015Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.45 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
5.40 | ||
CY2016Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.06 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
3.38 | ||
CY2015Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.43 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
5.34 | ||
CY2016Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.05 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
3.35 | ||
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-14400000 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
1800000 | USD | |
CY2015Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
1088900000 | USD |
CY2016Q3 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
774900000 | USD |
us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
41200000 | USD | |
us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
24400000 | USD | |
CY2014Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
124900000 | USD |
CY2015Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
132900000 | USD |
CY2015Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
139000000 | USD |
CY2016Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
169100000 | USD |
CY2016Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
68300000 | USD |
CY2016Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
54100000 | USD |
CY2016Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
14800000 | USD |
CY2016Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
25600000 | USD |
CY2016Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
35700000 | USD |
CY2016Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
42000000 | USD |
CY2016Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
50200000 | USD |
CY2016Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
290700000 | USD |
us-gaap |
Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
|
96000000 | USD | |
CY2015Q3 | us-gaap |
General Contractor Costs
GeneralContractorCosts
|
214000000 | USD |
us-gaap |
General Contractor Costs
GeneralContractorCosts
|
580000000 | USD | |
CY2016Q3 | us-gaap |
General Contractor Costs
GeneralContractorCosts
|
258000000 | USD |
us-gaap |
General Contractor Costs
GeneralContractorCosts
|
735500000 | USD | |
CY2014Q4 | us-gaap |
Goodwill
Goodwill
|
1907900000 | USD |
CY2015Q3 | us-gaap |
Goodwill
Goodwill
|
1999600000 | USD |
CY2015Q4 | us-gaap |
Goodwill
Goodwill
|
2141500000 | USD |
CY2016Q3 | us-gaap |
Goodwill
Goodwill
|
2546800000 | USD |
us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
440400000 | USD | |
us-gaap |
Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
|
-43600000 | USD | |
us-gaap |
Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
|
-45300000 | USD | |
us-gaap |
Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
|
10200000 | USD | |
CY2016Q3 | us-gaap |
Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
|
143600000 | USD |
CY2016Q3 | us-gaap |
Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
|
6500000 | USD |
us-gaap |
Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
|
6500000 | USD | |
CY2015Q3 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
100000 | USD |
us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
4200000 | USD | |
CY2016Q3 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
200000 | USD |
us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
900000 | USD | |
CY2015Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
138900000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
319400000 | USD | |
CY2016Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
64100000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
223100000 | USD | |
CY2015Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
25400000 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
63900000 | USD | |
CY2016Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
5500000 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
27700000 | USD | |
CY2015Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
25700000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
71500000 | USD | |
CY2016Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
15900000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
55300000 | USD | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
97600000 | USD | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
111800000 | USD | |
CY2016Q3 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
8800000 | USD |
CY2015Q3 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
43400000 | USD |
CY2015Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
227200000 | USD |
CY2016Q3 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
299500000 | USD |
CY2016Q3 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
2846300000 | USD |
CY2015Q3 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-6800000 | USD |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-20400000 | USD | |
CY2016Q3 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-12400000 | USD |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-32200000 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
12300000 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
24300000 | USD | |
CY2014Q4 | us-gaap |
Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
|
113600000 | USD |
CY2015Q3 | us-gaap |
Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
|
150300000 | USD |
CY2015Q4 | us-gaap |
Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
|
155200000 | USD |
CY2016Q3 | us-gaap |
Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
|
204000000 | USD |
CY2015Q4 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
311500000 | USD |
CY2016Q3 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
359900000 | USD |
CY2015Q3 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
896000000 | USD |
us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
2459100000 | USD | |
CY2016Q3 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
1012000000 | USD |
us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
2750400000 | USD | |
CY2015Q4 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
18200000 | USD |
CY2016Q3 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
18200000 | USD |
CY2015Q4 | us-gaap |
Liabilities
Liabilities
|
3457700000 | USD |
CY2016Q3 | us-gaap |
Liabilities
Liabilities
|
4261700000 | USD |
CY2015Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
6187100000 | USD |
CY2016Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
7116600000 | USD |
CY2015Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
2505200000 | USD |
CY2016Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
2296800000 | USD |
CY2016Q3 | us-gaap |
Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
|
70400000 | USD |
CY2015Q4 | us-gaap |
Loans Receivable Mortgage Warehouse Lending
LoansReceivableMortgageWarehouseLending
|
265200000 | USD |
CY2016Q3 | us-gaap |
Loans Receivable Mortgage Warehouse Lending
LoansReceivableMortgageWarehouseLending
|
326400000 | USD |
CY2015Q4 | us-gaap |
Long Term Accounts Notes And Loans Receivable Net Noncurrent
LongTermAccountsNotesAndLoansReceivableNetNoncurrent
|
135200000 | USD |
CY2016Q3 | us-gaap |
Long Term Accounts Notes And Loans Receivable Net Noncurrent
LongTermAccountsNotesAndLoansReceivableNetNoncurrent
|
181800000 | USD |
CY2015Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
272300000 | USD |
CY2016Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
272600000 | USD |
CY2015Q4 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
282000000 | USD |
CY2016Q3 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
296000000 | USD |
CY2015Q4 | us-gaap |
Long Term Line Of Credit
LongTermLineOfCredit
|
239600000 | USD |
CY2016Q3 | us-gaap |
Long Term Line Of Credit
LongTermLineOfCredit
|
1084300000 | USD |
CY2014Q4 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
9200000 | USD |
CY2015Q3 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
11500000 | USD |
CY2015Q4 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
19200000 | USD |
CY2016Q3 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
9900000 | USD |
us-gaap |
Loss Contingency Accrual Payments
LossContingencyAccrualPayments
|
300000 | USD | |
us-gaap |
Loss Contingency Accrual Payments
LossContingencyAccrualPayments
|
15200000 | USD | |
us-gaap |
Loss Contingency Accrual Provision
LossContingencyAccrualProvision
|
2400000 | USD | |
us-gaap |
Loss Contingency Accrual Provision
LossContingencyAccrualProvision
|
7500000 | USD | |
CY2015Q4 | us-gaap |
Loss Contingency Receivable
LossContingencyReceivable
|
9000000 | USD |
CY2016Q3 | us-gaap |
Loss Contingency Receivable
LossContingencyReceivable
|
3400000 | USD |
CY2015Q4 | us-gaap |
Minority Interest
MinorityInterest
|
29500000 | USD |
CY2016Q3 | us-gaap |
Minority Interest
MinorityInterest
|
49700000 | USD |
us-gaap |
Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
|
3600000 | USD | |
us-gaap |
Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
|
5100000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
160200000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
779300000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-184500000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-617400000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-18200000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-151900000 | USD | |
CY2015Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
110500000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
242700000 | USD | |
CY2016Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
48000000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
152700000 | USD | |
CY2015Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
2700000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
5200000 | USD | |
CY2016Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
200000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
15100000 | USD | |
CY2015Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
110500000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
242500000 | USD | |
CY2016Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
48000000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
152500000 | USD | |
us-gaap |
Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
167800000 | USD | |
CY2015Q4 | us-gaap |
Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
|
267300000 | USD |
CY2016Q3 | us-gaap |
Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
|
317800000 | USD |
us-gaap |
Number Of Businesses Acquired
NumberOfBusinessesAcquired
|
22 | acquisition | |
CY2015Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
1381000000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
3802300000 | USD | |
CY2016Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
1634200000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
4431300000 | USD | |
CY2015Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
120300000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
275900000 | USD | |
CY2016Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
71000000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
214300000 | USD | |
CY2015Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
99300000 | USD |
CY2016Q3 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
152400000 | USD |
CY2015Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
76100000 | USD |
CY2016Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
89200000 | USD |
CY2015Q3 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
|
-3400000 | USD |
us-gaap |
Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
|
-4300000 | USD | |
CY2016Q3 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
|
0 | USD |
us-gaap |
Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
|
0 | USD | |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToNoncontrollingInterest
|
100000 | USD | |
CY2015Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-78500000 | USD |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-133900000 | USD | |
CY2016Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-15000000 | USD |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-50900000 | USD | |
CY2015Q3 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
440100000 | USD |
us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
1245300000 | USD | |
CY2016Q3 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
568300000 | USD |
us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
1546500000 | USD | |
CY2015Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
200800000 | USD |
CY2016Q3 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
201900000 | USD |
CY2015Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
208500000 | USD |
CY2016Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
309600000 | USD |
CY2015Q3 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
0 | USD |
us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
0 | USD | |
CY2016Q3 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
0 | USD |
us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
13300000 | USD | |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-357800000 | USD | |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-455400000 | USD | |
CY2015Q4 | us-gaap |
Other Short Term Borrowings
OtherShortTermBorrowings
|
24600000 | USD |
CY2016Q3 | us-gaap |
Other Short Term Borrowings
OtherShortTermBorrowings
|
16300000 | USD |
us-gaap |
Payments For Previous Acquisition
PaymentsForPreviousAcquisition
|
48800000 | USD | |
us-gaap |
Payments For Previous Acquisition
PaymentsForPreviousAcquisition
|
46600000 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-6800000 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-39500000 | USD | |
us-gaap |
Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
|
87600000 | USD | |
us-gaap |
Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
|
139400000 | USD | |
us-gaap |
Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
|
2800000 | USD | |
us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
9100000 | USD | |
us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
16900000 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
12300000 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
14200000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
102900000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
418600000 | USD | |
us-gaap |
Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
|
40800000 | USD | |
us-gaap |
Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
|
78500000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
900000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
63700000 | USD | |
CY2015Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
77800000 | USD |
CY2016Q3 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
91300000 | USD |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
1389000000 | USD | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
2530000000 | USD | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-12900000 | USD | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-17600000 | USD | |
us-gaap |
Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
|
-11100000 | USD | |
us-gaap |
Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
|
7700000 | USD | |
us-gaap |
Proceeds From Real Estate And Real Estate Joint Ventures
ProceedsFromRealEstateAndRealEstateJointVentures
|
40900000 | USD | |
us-gaap |
Proceeds From Real Estate And Real Estate Joint Ventures
ProceedsFromRealEstateAndRealEstateJointVentures
|
43300000 | USD | |
CY2015Q3 | us-gaap |
Profit Loss
ProfitLoss
|
113200000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
247900000 | USD | |
CY2016Q3 | us-gaap |
Profit Loss
ProfitLoss
|
48200000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
167800000 | USD | |
CY2015Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
423300000 | USD |
CY2016Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
468700000 | USD |
CY2015Q4 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
11100000 | USD |
CY2016Q3 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
7400000 | USD |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
1143700000 | USD | |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
1680000000 | USD | |
us-gaap |
Restructuring Charges
RestructuringCharges
|
8000000 | USD | |
us-gaap |
Restructuring Charges
RestructuringCharges
|
30900000 | USD | |
CY2015Q3 | us-gaap |
Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
|
18200000 | USD |
us-gaap |
Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
|
20800000 | USD | |
CY2016Q3 | us-gaap |
Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
|
18000000 | USD |
us-gaap |
Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
|
35900000 | USD | |
CY2014Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
7600000 | USD |
CY2015Q3 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
6500000 | USD |
CY2015Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
8600000 | USD |
CY2016Q3 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
22600000 | USD |
CY2015Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
2044200000 | USD |
CY2016Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
2182700000 | USD |
CY2015Q3 | us-gaap |
Revenues
Revenues
|
1501300000 | USD |
us-gaap |
Revenues
Revenues
|
4078200000 | USD | |
CY2016Q3 | us-gaap |
Revenues
Revenues
|
1705200000 | USD |
us-gaap |
Revenues
Revenues
|
4645600000 | USD | |
CY2015Q4 | us-gaap |
Senior Long Term Notes
SeniorLongTermNotes
|
272300000 | USD |
CY2016Q3 | us-gaap |
Senior Long Term Notes
SeniorLongTermNotes
|
272600000 | USD |
CY2015Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
49200000 | USD |
CY2016Q3 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
55700000 | USD |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
1300000 | USD | |
CY2015Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2688800000 | USD |
CY2016Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2797800000 | USD |
CY2015Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2718300000 | USD |
CY2016Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2847500000 | USD |
CY2015Q4 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
18100000 | USD |
us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
18500000 | USD | |
us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
14200000 | USD | |
CY2015Q4 | us-gaap |
Warehouse Agreement Borrowings
WarehouseAgreementBorrowings
|
263100000 | USD |
CY2016Q3 | us-gaap |
Warehouse Agreement Borrowings
WarehouseAgreementBorrowings
|
322300000 | USD |
CY2015Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
45453000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
45395000 | shares | |
CY2016Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
45612000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
45515000 | shares | |
CY2015Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
45001000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
44905000 | shares | |
CY2016Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
45188000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
45135000 | shares | |
us-gaap |
Revenue Recognition Accounting Policy Gross And Net Revenue Disclosure
RevenueRecognitionAccountingPolicyGrossAndNetRevenueDisclosure
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"></font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We account for the majority of our service contracts on a net basis. The presentation of expenses pursuant to these arrangements under either a gross or net basis has no impact on operating income, net income or cash flows.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Contracts accounted for on a gross basis resulted in certain costs reflected in both revenue and operating expenses (gross contract costs) of </font><font style="font-family:inherit;font-size:10pt;">$258.0 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$214.0 million</font><font style="font-family:inherit;font-size:10pt;"> for the </font><font style="font-family:inherit;font-size:10pt;">three months ended September 30, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;">, respectively, and </font><font style="font-family:inherit;font-size:10pt;">$735.5 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$580.0 million</font><font style="font-family:inherit;font-size:10pt;"> for the </font><font style="font-family:inherit;font-size:10pt;">nine months ended September 30, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div></div> | ||
us-gaap |
Revenue Recognition Percentage Of Completion Method
RevenueRecognitionPercentageOfCompletionMethod
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:8px;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We recognize project and development management and construction management fees by applying the percentage of completion method of accounting. </font></div></div> | ||
us-gaap |
Revenue Recognition Services Commissions
RevenueRecognitionServicesCommissions
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:8px;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We recognize transaction commissions related to leasing services and capital markets services as revenue when we provide the related services, unless future contingencies exist.</font></div></div> | ||
us-gaap |
Revenue Recognition Services Management Fees
RevenueRecognitionServicesManagementFees
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:8px;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We recognize advisory and management fees related to property and facility management services, valuation services, corporate property services, consulting services and investment management in the period in which we perform the related services.</font></div></div> |