2015 Q1 Form 10-K Financial Statement

#000150630715000014 Filed on February 23, 2015

View on sec.gov

Income Statement

Concept 2015 Q1 2014 Q4 2014
Revenue $3.597B $3.951B $16.23B
YoY Change -11.12% 2.04% 15.32%
Cost Of Revenue $1.090B $1.960B $6.278B
YoY Change -33.66% -2.92% 19.51%
Gross Profit $2.507B $1.991B $9.948B
YoY Change 4.28% 7.45% 12.83%
Gross Profit Margin 69.7% 50.39% 61.31%
Selling, General & Admin $331.0M $241.0M $1.028B
YoY Change 17.38% 3.88% 1.98%
% of Gross Profit 13.2% 12.1% 10.33%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $538.0M $522.0M $2.040B
YoY Change 8.47% 8.98% 12.96%
% of Gross Profit 21.46% 26.22% 20.51%
Operating Expenses $870.0M $763.0M $3.071B
YoY Change 12.4% 10.1% 13.11%
Operating Profit $1.078B $1.228B $4.448B
YoY Change -6.02% 5.86% 11.48%
Interest Expense -$436.0M -$378.0M $1.807B
YoY Change 24.93% -4.3% 6.92%
% of Operating Profit -40.45% -30.78% 40.63%
Other Income/Expense, Net -$435.0M $12.00M -$1.357B
YoY Change 25.72% 50.0% 145.83%
Pretax Income $643.0M $590.0M $3.091B
YoY Change -19.73% -23.67% -10.09%
Income Tax $224.0M $24.00M $648.0M
% Of Pretax Income 34.84% 4.07% 20.96%
Net Earnings $429.0M $126.0M $1.026B
YoY Change 49.48% -62.72% -14.0%
Net Earnings / Revenue 11.93% 3.19% 6.32%
Basic Earnings Per Share $0.89
Diluted Earnings Per Share $0.20 $86.07K $0.89
COMMON SHARES
Basic Shares Outstanding 2.130B shares 1.028B shares 1.137B shares
Diluted Shares Outstanding 2.151B shares 1.137B shares

Balance Sheet

Concept 2015 Q1 2014 Q4 2014
SHORT-TERM ASSETS
Cash & Short-Term Investments $259.0M $315.0M $315.0M
YoY Change -39.49% -34.65% -34.65%
Cash & Equivalents $259.0M $315.0M $315.0M
Short-Term Investments
Other Short-Term Assets $540.0M $746.0M $1.337B
YoY Change 21.08% 71.1% 16.06%
Inventory $453.0M $459.0M $459.0M
Prepaid Expenses
Receivables $1.420B $1.641B $1.641B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $3.289B $3.752B $3.752B
YoY Change -10.19% -3.0% -3.0%
LONG-TERM ASSETS
Property, Plant & Equipment $40.29B $38.56B $38.56B
YoY Change 9.03% 7.58% 7.58%
Goodwill $24.91B $24.65B
YoY Change 1.4% 0.61%
Intangibles $3.762B $2.302B
YoY Change 56.55% -5.58%
Long-Term Investments $6.011B $6.028B $6.036B
YoY Change 0.82% 1.43% 1.43%
Other Assets $2.361B $2.090B $7.741B
YoY Change -6.01% -18.9% 200.39%
Total Long-Term Assets $82.88B $79.30B $79.30B
YoY Change 14.48% 11.19% 11.19%
TOTAL ASSETS
Total Short-Term Assets $3.289B $3.752B $3.752B
Total Long-Term Assets $82.88B $79.30B $79.30B
Total Assets $86.16B $83.05B $83.05B
YoY Change 13.29% 10.46% 10.46%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.393B $1.588B $1.588B
YoY Change -11.56% -5.25% -5.25%
Accrued Expenses $937.0M $1.020B $1.020B
YoY Change -10.25% -11.23% -11.23%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.435B $2.717B $2.717B
YoY Change 42.41% 17.82% 17.82%
Total Short-Term Liabilities $6.784B $6.362B $6.362B
YoY Change 11.8% 4.72% 4.72%
LONG-TERM LIABILITIES
Long-Term Debt $41.82B $40.10B $40.10B
YoY Change 20.19% 18.33% 18.33%
Other Long-Term Liabilities $2.197B $2.164B $2.164B
YoY Change 2.0% -5.38% -5.38%
Total Long-Term Liabilities $44.02B $42.26B $42.26B
YoY Change 5.94% 3.52% 16.83%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.784B $6.362B $6.362B
Total Long-Term Liabilities $44.02B $42.26B $42.26B
Total Liabilities $50.81B $48.62B $48.97B
YoY Change 6.69% 3.67% -21.13%
SHAREHOLDERS EQUITY
Retained Earnings -$2.106B
YoY Change 53.5%
Common Stock $21.00M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $35.03B $34.08B $34.08B
YoY Change
Total Liabilities & Shareholders Equity $86.16B $83.05B $83.05B
YoY Change 13.29% 10.46% 10.46%

Cashflow Statement

Concept 2015 Q1 2014 Q4 2014
OPERATING ACTIVITIES
Net Income $429.0M $126.0M $1.026B
YoY Change 49.48% -62.72% -14.0%
Depreciation, Depletion And Amortization $538.0M $522.0M $2.040B
YoY Change 8.47% 8.98% 12.96%
Cash From Operating Activities $1.256B $975.0M $4.467B
YoY Change 12.34% -26.69% 8.37%
INVESTING ACTIVITIES
Capital Expenditures $897.0M -$939.0M $3.617B
YoY Change 6.15% -14.56% 7.36%
Acquisitions $1.864B $1.388B
YoY Change 94.17% 375.34%
Other Investing Activities $34.00M -$251.0M $3.000M
YoY Change -342.86% -936.67% -103.7%
Cash From Investing Activities -$2.775B -$1.190B -$5.210B
YoY Change 52.56% 11.32% 66.88%
FINANCING ACTIVITIES
Cash Dividend Paid $962.0M $1.760B
YoY Change 126.35% 8.51%
Common Stock Issuance & Retirement, Net $1.626B $94.00M
YoY Change 1629.79% -45.35%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $1.468B 60.00M $471.0M
YoY Change 134.5% -112.77% -143.01%
NET CHANGE
Cash From Operating Activities $1.256B 975.0M $4.467B
Cash From Investing Activities -$2.775B -1.190B -$5.210B
Cash From Financing Activities $1.468B 60.00M $471.0M
Net Change In Cash -$51.00M -155.0M -$272.0M
YoY Change -32.0% -25.84% 186.32%
FREE CASH FLOW
Cash From Operating Activities $1.256B $975.0M $4.467B
Capital Expenditures $897.0M -$939.0M $3.617B
Free Cash Flow $359.0M $1.914B $850.0M
YoY Change 31.5% -21.2% 12.88%

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OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTaxPortionAttributableToParent
254000000 USD
CY2012 kmi Paymentsforrepurchasesofsharesandwarrants
Paymentsforrepurchasesofsharesandwarrants
157000000 USD
CY2013 kmi Paymentsforrepurchasesofsharesandwarrants
Paymentsforrepurchasesofsharesandwarrants
637000000 USD
CY2014 kmi Paymentsforrepurchasesofsharesandwarrants
Paymentsforrepurchasesofsharesandwarrants
192000000 USD
CY2012 kmi Pensioncontributionandnoncashpensionbenefitcredits
Pensioncontributionandnoncashpensionbenefitcredits
31000000 USD
CY2013 kmi Pensioncontributionandnoncashpensionbenefitcredits
Pensioncontributionandnoncashpensionbenefitcredits
120000000 USD
CY2014 kmi Pensioncontributionandnoncashpensionbenefitcredits
Pensioncontributionandnoncashpensionbenefitcredits
88000000 USD
CY2014Q4 kmi Per Capita Cost Of Covered Health Care Benefits Rate By Year2019
PerCapitaCostOfCoveredHealthCareBenefitsRateByYear2019
0.0450
CY2014 kmi Percent Of Investee Information Represented
PercentOfInvesteeInformationRepresented
1
CY2014Q4 kmi Preferred Securities Value Assigned To Equity
PreferredSecuritiesValueAssignedToEquity
32000000 USD
CY2013Q4 kmi Preferredinterestingeneralpartnerof Kmp
PreferredinterestingeneralpartnerofKMP
100000000 USD
CY2014Q4 kmi Preferredinterestingeneralpartnerof Kmp
PreferredinterestingeneralpartnerofKMP
100000000 USD
CY2012 kmi Proceedsfromterminationofinterestrateswapagreements
Proceedsfromterminationofinterestrateswapagreements
53000000 USD
CY2013 kmi Proceedsfromterminationofinterestrateswapagreements
Proceedsfromterminationofinterestrateswapagreements
96000000 USD
CY2014 kmi Proceedsfromterminationofinterestrateswapagreements
Proceedsfromterminationofinterestrateswapagreements
0 USD
CY2012 kmi Rate Reparations Refunds And Other Litigation Reserve Adjustments
RateReparationsRefundsAndOtherLitigationReserveAdjustments
-39000000 USD
CY2013 kmi Rate Reparations Refunds And Other Litigation Reserve Adjustments
RateReparationsRefundsAndOtherLitigationReserveAdjustments
174000000 USD
CY2014 kmi Rate Reparations Refunds And Other Litigation Reserve Adjustments
RateReparationsRefundsAndOtherLitigationReserveAdjustments
-280000000 USD
CY2012 kmi Remaining Undistributed Earnings Continuing Operations
RemainingUndistributedEarningsContinuingOperations
676000000 USD
CY2014Q4 kmi Required Minimum Likelihood For Benefits To Be Recognized In Financial Statements
RequiredMinimumLikelihoodForBenefitsToBeRecognizedInFinancialStatements
0.5
CY2012 kmi Sale Or Casualty Of Property Plant And Equipment And Other Net Assets Net Of Removal Costs
SaleOrCasualtyOfPropertyPlantAndEquipmentAndOtherNetAssetsNetOfRemovalCosts
154000000 USD
CY2013 kmi Sale Or Casualty Of Property Plant And Equipment And Other Net Assets Net Of Removal Costs
SaleOrCasualtyOfPropertyPlantAndEquipmentAndOtherNetAssetsNetOfRemovalCosts
87000000 USD
CY2014 kmi Sale Or Casualty Of Property Plant And Equipment And Other Net Assets Net Of Removal Costs
SaleOrCasualtyOfPropertyPlantAndEquipmentAndOtherNetAssetsNetOfRemovalCosts
5000000 USD
CY2014Q4 kmi Share Based Compensation Amount Vested Percent
ShareBasedCompensationAmountVestedPercent
1
CY2013 kmi Share Settlementof Dissenter
ShareSettlementofDissenter
128 shares
CY2014 kmi Shareofcapitalexpendituresincludingancillaryfacilities
Shareofcapitalexpendituresincludingancillaryfacilities
1300000000 USD
CY2012 kmi Subsidiary Share Distribution Shares Distributedto Parent
SubsidiaryShareDistributionSharesDistributedtoParent
902367 shares
CY2013 kmi Subsidiary Share Distribution Shares Distributedto Parent
SubsidiaryShareDistributionSharesDistributedtoParent
976723 shares
CY2014 kmi Subsidiary Share Distribution Shares Distributedto Parent
SubsidiaryShareDistributionSharesDistributedtoParent
1127712 shares
CY2012 kmi Unallocable Interest Expense Net Of Interest Income
UnallocableInterestExpenseNetOfInterestIncome
1441000000 USD
CY2013 kmi Unallocable Interest Expense Net Of Interest Income
UnallocableInterestExpenseNetOfInterestIncome
1688000000 USD
CY2014 kmi Unallocable Interest Expense Net Of Interest Income
UnallocableInterestExpenseNetOfInterestIncome
1807000000 USD
CY2014Q4 kmi Unrecognized Tax Benefits Income Tax Penalties And Interest Accruing Next Year
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccruingNextYear
190000000 USD
CY2011 kmi Unrecognized Tax Benefits Subtotal
UnrecognizedTaxBenefitsSubtotal
346000000 USD
CY2012 kmi Unrecognized Tax Benefits Subtotal
UnrecognizedTaxBenefitsSubtotal
273000000 USD
CY2014 kmi Unrecognized Tax Benefits Subtotal
UnrecognizedTaxBenefitsSubtotal
209000000 USD
CY2014Q4 kmi Value Of Preferred Securities Value Assigned To Debt
ValueOfPreferredSecuritiesValueAssignedToDebt
248000000 USD
CY2012 kmi Warrants Exercised Numberof Warrants
WarrantsExercisedNumberofWarrants
0 shares
CY2013 kmi Warrants Exercised Numberof Warrants
WarrantsExercisedNumberofWarrants
21208 shares
CY2014 kmi Warrants Exercised Numberof Warrants
WarrantsExercisedNumberofWarrants
18040 shares
CY2013Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1676000000 USD
CY2014Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1588000000 USD
CY2013Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1721000000 USD
CY2014Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1641000000 USD
CY2013Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
378000000 USD
CY2014Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
340000000 USD
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-20000000 USD
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
7000000 USD
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-3000000 USD
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
327000000 USD
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
132000000 USD
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
176000000 USD
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
23000000 USD
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
236000000 USD
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
37000000 USD
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
51000000 USD
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
2000000 USD
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-108000000 USD
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-115000000 USD
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-118000000 USD
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-24000000 USD
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-17000000 USD
CY2014 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P19Y
CY2013Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
14479000000 USD
CY2014Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
36178000000 USD
CY2012 us-gaap Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
90000000 USD
us-gaap Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
36000000 USD
CY2013 us-gaap Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
161000000 USD
CY2012 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
14000000 USD
CY2013 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
35000000 USD
CY2014 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
57000000 USD
CY2012 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7000000 USD
CY2013 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2000000 USD
CY2012 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
86000000 USD
CY2013 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
125000000 USD
CY2014 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
143000000 USD
CY2014 us-gaap Amortization Period Of Deferred Gain Loss On Discontinuation Of Interest Rate Fair Value Hedge1
AmortizationPeriodOfDeferredGainLossOnDiscontinuationOfInterestRateFairValueHedge1
P16Y
CY2012 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2013 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2014 us-gaap Asset Impairment Charges
AssetImpairmentCharges
272000000 USD
CY2013Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
204000000 USD
CY2014Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
192000000 USD
CY2013Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
25000000 USD
CY2014Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
7000000 USD
CY2013Q4 us-gaap Assets
Assets
75185000000 USD
CY2014Q4 us-gaap Assets
Assets
83198000000 USD
CY2013Q4 us-gaap Assets Current
AssetsCurrent
3868000000 USD
CY2014Q4 us-gaap Assets Current
AssetsCurrent
3752000000 USD
CY2013Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
0 USD
CY2014Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
56000000 USD
CY2012 us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain Or Loss
BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGainOrLoss
0 USD
CY2013 us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain Or Loss
BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGainOrLoss
558000000 USD
CY2014 us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain Or Loss
BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGainOrLoss
0 USD
CY2012 us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
6581000000 USD
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
411000000 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
714000000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
598000000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
315000000 USD
CY2012 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
303000000 USD
CY2013 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-116000000 USD
CY2014 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-283000000 USD
CY2014Q4 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
40
CY2011Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
0 shares
CY2012Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
439809442 shares
CY2013Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
347933107 shares
CY2014Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
298135976 shares
CY2012 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.34
CY2013 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.56
CY2014 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.70
CY2012 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.40
CY2013 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.60
CY2014 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.74
CY2012 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
312000000 USD
CY2013 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1287000000 USD
CY2014 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
977000000 USD
CY2012 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
186000000 USD
CY2013 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1445000000 USD
CY2014 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1486000000 USD
CY2012 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
498000000 USD
CY2013 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
2732000000 USD
CY2014 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
2463000000 USD
CY2012 us-gaap Cost Of Goods Sold
CostOfGoodsSold
3057000000 USD
CY2013 us-gaap Cost Of Goods Sold
CostOfGoodsSold
5253000000 USD
CY2014 us-gaap Cost Of Goods Sold
CostOfGoodsSold
6278000000 USD
CY2012 us-gaap Costs And Expenses
CostsAndExpenses
7380000000 USD
CY2013 us-gaap Costs And Expenses
CostsAndExpenses
10080000000 USD
CY2014 us-gaap Costs And Expenses
CostsAndExpenses
11778000000 USD
CY2012 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
48000000 USD
CY2013 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
57000000 USD
CY2014 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-16000000 USD
CY2012 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
10000000 USD
CY2013 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
9000000 USD
CY2014 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
13000000 USD
CY2012 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
92000000 USD
CY2013 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
102000000 USD
CY2014 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
33000000 USD
CY2012 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
34000000 USD
CY2013 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
36000000 USD
CY2014 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
36000000 USD
CY2013Q4 us-gaap Debt Current
DebtCurrent
2306000000 USD
CY2014Q4 us-gaap Debt Current
DebtCurrent
2717000000 USD
CY2014 us-gaap Debt Instrument Convertible Conversion Ratio1
DebtInstrumentConvertibleConversionRatio1
1
CY2013Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0508
CY2014Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0502
CY2013Q4 us-gaap Deferred Credits And Other Liabilities Noncurrent
DeferredCreditsAndOtherLiabilitiesNoncurrent
2287000000 USD
CY2014Q4 us-gaap Deferred Credits And Other Liabilities Noncurrent
DeferredCreditsAndOtherLiabilitiesNoncurrent
2164000000 USD
CY2012 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
49000000 USD
CY2013 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
612000000 USD
CY2014 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
572000000 USD
CY2012 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-6000000 USD
CY2013 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
28000000 USD
CY2014 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
29000000 USD
CY2013Q4 us-gaap Deferred Gain Loss On Discontinuation Of Interest Rate Fair Value Hedge
DeferredGainLossOnDiscontinuationOfInterestRateFairValueHedge
517000000 USD
CY2014Q4 us-gaap Deferred Gain Loss On Discontinuation Of Interest Rate Fair Value Hedge
DeferredGainLossOnDiscontinuationOfInterestRateFairValueHedge
454000000 USD
CY2012 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
47000000 USD
CY2013 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
640000000 USD
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
615000000 USD
CY2013Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
5259000000 USD
CY2014Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
403000000 USD
CY2012 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
4000000 USD
CY2013 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 USD
CY2014 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
14000000 USD
CY2013Q4 us-gaap Deferred Tax Assets Capital Loss Carryforwards
DeferredTaxAssetsCapitalLossCarryforwards
11000000 USD
CY2013Q4 us-gaap Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
68000000 USD
CY2014Q4 us-gaap Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
43000000 USD
CY2014Q4 us-gaap Deferred Tax Assets Equity Method Investments
DeferredTaxAssetsEquityMethodInvestments
10300000000 USD
CY2013Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
1175000000 USD
CY2014Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
6110000000 USD
CY2013Q4 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
0 USD
CY2014Q4 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
4858000000 USD
CY2014Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
5707000000 USD
CY2013Q4 us-gaap Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
567000000 USD
CY2014Q4 us-gaap Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
56000000 USD
CY2013Q4 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
0 USD
CY2014Q4 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
5651000000 USD
CY2013Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
354000000 USD
CY2014Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
466000000 USD
CY2013Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
43000000 USD
CY2014Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
31000000 USD
CY2013Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
238000000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
329000000 USD
CY2013Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
136000000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
123000000 USD
CY2013Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
95000000 USD
CY2014Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
154000000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
4084000000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
4888000000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
0 USD
CY2013Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
4651000000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
0 USD
CY2013Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
20000000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
30000000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
351000000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
373000000 USD
CY2013 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Accumulated Postretirement Benefit Obligation1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnAccumulatedPostretirementBenefitObligation1
39000000 USD
CY2014 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Accumulated Postretirement Benefit Obligation1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnAccumulatedPostretirementBenefitObligation1
40000000 USD
CY2013 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Service And Interest Cost Components1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnServiceAndInterestCostComponents1
1000000 USD
CY2014 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Service And Interest Cost Components1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnServiceAndInterestCostComponents1
2000000 USD
CY2013 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Accumulated Postretirement Benefit Obligation
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnAccumulatedPostretirementBenefitObligation
45000000 USD
CY2014 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Accumulated Postretirement Benefit Obligation
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnAccumulatedPostretirementBenefitObligation
47000000 USD
CY2013 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Service And Interest Cost Components
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnServiceAndInterestCostComponents
2000000 USD
CY2014 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Service And Interest Cost Components
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnServiceAndInterestCostComponents
2000000 USD
CY2013Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
380000000 USD
CY2014Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
389000000 USD
CY2012 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1419000000 USD
CY2013 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1806000000 USD
CY2014 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2040000000 USD
CY2013Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
116000000 USD
CY2014Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
535000000 USD
CY2012 us-gaap Disposal Group Including Discontinued Operation Operating Income Loss
DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
160000000 USD
CY2013 us-gaap Disposal Group Including Discontinued Operation Operating Income Loss
DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
0 USD
CY2014 us-gaap Disposal Group Including Discontinued Operation Operating Income Loss
DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
0 USD
CY2012 us-gaap Dividends Common Stock Cash
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CY2014 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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170000000 USD
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34000000 USD
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CY2013Q4 us-gaap Litigation Reserve
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CY2012 us-gaap Net Cash Provided By Used In Operating Activities
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CY2012 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
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3000000 USD
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
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3000000 USD
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
14000000 USD
CY2012 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Vested
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4000000 USD
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Vested
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CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Vested
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17000000 USD
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1000000 USD
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CY2014 us-gaap Use Of Estimates
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain amounts included in or affecting our financial statements and related disclosures must be estimated, requiring us to make certain assumptions with respect to values or conditions which cannot be known with certainty at the time our financial statements are prepared. These estimates and assumptions affect the amounts we report for assets and liabilities, our revenues and expenses during the reporting period, and our disclosure of contingent assets and liabilities at the date of our financial statements. We evaluate these estimates on an ongoing basis, utilizing historical experience, consultation with experts and other methods we consider reasonable in the particular circumstances. Nevertheless, actual results may differ significantly from our estimates. Any effects on our business, financial position or results of operations resulting from revisions to these estimates are recorded in the period in which the facts that give rise to the revision become known.</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In addition, we believe that certain accounting policies are of more significance in our financial statement preparation process than others, and set out below are the principal accounting policies we apply in the preparation of our consolidated financial statements.</font></div></div>

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