2016 Q4 Form 10-Q Financial Statement

#000103797616000147 Filed on November 03, 2016

View on sec.gov

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%

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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
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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
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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>

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