2017 Q4 Form 10-Q Financial Statement
#000150630717000051 Filed on October 20, 2017
Income Statement
Concept | 2017 Q4 | 2017 Q3 | 2016 Q3 |
---|---|---|---|
Revenue | $3.632B | $3.281B | $3.330B |
YoY Change | 7.17% | -1.47% | -10.17% |
Cost Of Revenue | $1.981B | $1.007B | $971.0M |
YoY Change | 23.58% | 3.71% | -12.21% |
Gross Profit | $1.651B | $2.274B | $2.359B |
YoY Change | -7.56% | -3.6% | -9.3% |
Gross Profit Margin | 45.46% | 69.31% | 70.84% |
Selling, General & Admin | $280.0M | $270.0M | $277.0M |
YoY Change | 29.63% | -2.53% | 3.36% |
% of Gross Profit | 16.96% | 11.87% | 11.74% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $564.0M | $562.0M | $549.0M |
YoY Change | 1.26% | 2.37% | -11.02% |
% of Gross Profit | 34.16% | 24.71% | 23.27% |
Operating Expenses | $843.0M | $832.0M | $825.0M |
YoY Change | 9.2% | 0.85% | -6.57% |
Operating Profit | $808.0M | $826.0M | $882.0M |
YoY Change | -20.32% | -6.35% | 22.33% |
Interest Expense | -$344.0M | -$292.0M | -$335.0M |
YoY Change | 28.36% | -12.84% | -21.36% |
% of Operating Profit | -42.57% | -35.35% | -37.98% |
Other Income/Expense, Net | $10.00M | -$279.0M | -$688.0M |
YoY Change | -183.33% | -59.45% | 60.0% |
Pretax Income | $324.0M | $547.0M | $194.0M |
YoY Change | -16.49% | 181.96% | -33.33% |
Income Tax | $2.556B | $160.0M | $377.0M |
% Of Pretax Income | 788.89% | 29.25% | 194.33% |
Net Earnings | -$1.006B | $373.0M | -$188.0M |
YoY Change | -581.34% | -298.4% | -201.08% |
Net Earnings / Revenue | -27.7% | 11.37% | -5.65% |
Basic Earnings Per Share | $0.15 | -$0.10 | |
Diluted Earnings Per Share | -$451.1K | $0.15 | -$0.10 |
COMMON SHARES | |||
Basic Shares Outstanding | 2.233B shares | 2.231B shares | 2.230B shares |
Diluted Shares Outstanding | 2.231B shares | 2.230B shares |
Balance Sheet
Concept | 2017 Q4 | 2017 Q3 | 2016 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $264.0M | $539.0M | $357.0M |
YoY Change | -61.4% | 50.98% | 99.44% |
Cash & Equivalents | $264.0M | $539.0M | $357.0M |
Short-Term Investments | |||
Other Short-Term Assets | $238.0M | $176.0M | $230.0M |
YoY Change | -29.38% | -23.48% | -50.0% |
Inventory | $424.0M | $428.0M | $325.0M |
Prepaid Expenses | |||
Receivables | $1.448B | $1.194B | $1.282B |
Other Receivables | $165.0M | $20.00M | $0.00 |
Total Short-Term Assets | $2.715B | $2.613B | $3.363B |
YoY Change | -15.92% | -22.3% | 9.65% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $40.16B | $39.87B | $38.78B |
YoY Change | 3.75% | 2.8% | -4.5% |
Goodwill | $22.16B | $22.16B | $22.16B |
YoY Change | 0.05% | 0.0% | -11.18% |
Intangibles | $3.099B | $3.153B | $3.384B |
YoY Change | -6.6% | -6.83% | -6.49% |
Long-Term Investments | $7.298B | $7.484B | $7.358B |
YoY Change | 3.86% | 1.71% | 23.81% |
Other Assets | $1.582B | $1.638B | $1.961B |
YoY Change | 3.94% | -16.47% | -9.25% |
Total Long-Term Assets | $76.34B | $77.74B | $78.24B |
YoY Change | -0.95% | -0.64% | -5.29% |
TOTAL ASSETS | |||
Total Short-Term Assets | $2.715B | $2.613B | $3.363B |
Total Long-Term Assets | $76.34B | $77.74B | $78.24B |
Total Assets | $79.06B | $80.35B | $81.60B |
YoY Change | -1.56% | -1.54% | -4.75% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.340B | $1.358B | $1.192B |
YoY Change | 6.6% | 13.93% | -2.77% |
Accrued Expenses | $0.00 | $719.0M | $918.0M |
YoY Change | -100.0% | -21.68% | 3.73% |
Deferred Revenue | $79.00M | ||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $2.828B | $3.156B | $2.944B |
YoY Change | 4.9% | 7.2% | -1.96% |
Total Short-Term Liabilities | $6.181B | $6.174B | $6.044B |
YoY Change | 4.34% | 2.15% | -2.37% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $35.02B | $35.12B | $38.52B |
YoY Change | -6.26% | -8.83% | -7.48% |
Other Long-Term Liabilities | $2.735B | $2.537B | $2.074B |
YoY Change | 22.92% | 22.32% | 2.98% |
Total Long-Term Liabilities | $37.75B | $37.65B | $40.59B |
YoY Change | -4.62% | -7.24% | -6.99% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $6.181B | $6.174B | $6.044B |
Total Long-Term Liabilities | $37.75B | $37.65B | $40.59B |
Total Liabilities | $43.93B | $43.83B | $46.64B |
YoY Change | -3.45% | -6.02% | -6.42% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$7.754B | -$6.429B | -$6.560B |
YoY Change | 16.27% | -2.0% | 54.64% |
Common Stock | $22.00M | $22.00M | $22.00M |
YoY Change | 0.0% | 0.0% | 0.0% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $33.64B | $35.23B | $34.61B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $79.06B | $80.35B | $81.60B |
YoY Change | -1.56% | -1.54% | -4.75% |
Cashflow Statement
Concept | 2017 Q4 | 2017 Q3 | 2016 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$1.006B | $373.0M | -$188.0M |
YoY Change | -581.34% | -298.4% | -201.08% |
Depreciation, Depletion And Amortization | $564.0M | $562.0M | $549.0M |
YoY Change | 1.26% | 2.37% | -11.02% |
Cash From Operating Activities | $1.294B | $1.141B | $1.159B |
YoY Change | 3.11% | -1.55% | 19.61% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$957.0M | -$895.0M | -$639.0M |
YoY Change | 23.8% | 40.06% | -41.38% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $62.00M | -$40.00M | $1.472B |
YoY Change | -68.21% | -102.72% | 1214.29% |
Cash From Investing Activities | -$895.0M | -$935.0M | $833.0M |
YoY Change | 54.84% | -212.24% | -185.17% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -687.0M | -159.0M | -1.814B |
YoY Change | 125.25% | -91.23% | -6578.57% |
NET CHANGE | |||
Cash From Operating Activities | 1.294B | 1.141B | 1.159B |
Cash From Investing Activities | -895.0M | -935.0M | 833.0M |
Cash From Financing Activities | -687.0M | -159.0M | -1.814B |
Net Change In Cash | -288.0M | 47.00M | 178.0M |
YoY Change | -177.42% | -73.6% | 836.84% |
FREE CASH FLOW | |||
Cash From Operating Activities | $1.294B | $1.141B | $1.159B |
Capital Expenditures | -$957.0M | -$895.0M | -$639.0M |
Free Cash Flow | $2.251B | $2.036B | $1.798B |
YoY Change | 11.0% | 13.24% | -12.68% |
Facts In Submission
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CommonStockDividendsPerShareDeclared
|
0.125 | |
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.375 | ||
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.375 | ||
CY2016Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2017Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2016Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
4000000000 | shares |
CY2017Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
4000000000 | shares |
CY2016Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
2230102384 | shares |
CY2017Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
2231147804 | shares |
CY2015Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
2229000000 | shares |
CY2016Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
2230000000 | shares |
CY2016Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
2230000000 | shares |
CY2016Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
2230102384 | shares |
CY2017Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
2231147804 | shares |
CY2017Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
2231000000 | shares |
CY2016Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
22000000 | USD |
CY2017Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
22000000 | USD |
CY2016Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-191000000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
403000000 | USD | |
CY2017Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
387000000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
1330000000 | USD | |
CY2016Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
5000000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
7000000 | USD | |
CY2017Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
44000000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
75000000 | USD | |
CY2016Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-186000000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
410000000 | USD | |
CY2017Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
431000000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
1405000000 | USD | |
CY2016Q3 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
971000000 | USD |
us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
2454000000 | USD | |
CY2017Q3 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
1029000000 | USD |
CY2016Q4 | us-gaap |
Debt Current
DebtCurrent
|
2696000000 | USD |
us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
3200000000 | USD | |
CY2016Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
2448000000 | USD |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
7031000000 | USD | |
CY2017Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
2451000000 | USD |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
7341000000 | USD | |
CY2017Q3 | us-gaap |
Debt Current
DebtCurrent
|
3156000000 | USD |
CY2016Q4 | us-gaap |
Debt Instrument Fair Value
DebtInstrumentFairValue
|
1149000000 | USD |
CY2017Q3 | us-gaap |
Debt Instrument Fair Value
DebtInstrumentFairValue
|
1047000000 | USD |
CY2016Q4 | us-gaap |
Deferred Credits And Other Liabilities Noncurrent
DeferredCreditsAndOtherLiabilitiesNoncurrent
|
2225000000 | USD |
CY2017Q3 | us-gaap |
Deferred Credits And Other Liabilities Noncurrent
DeferredCreditsAndOtherLiabilitiesNoncurrent
|
2537000000 | USD |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
767000000 | USD | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
624000000 | USD | |
CY2016Q4 | us-gaap |
Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
|
4352000000 | USD |
CY2017Q3 | us-gaap |
Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
|
3432000000 | USD |
CY2016Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
549000000 | USD |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1652000000 | USD | |
CY2017Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
562000000 | USD |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1697000000 | USD | |
CY2016Q4 | us-gaap |
Derivative Assets Current
DerivativeAssetsCurrent
|
198000000 | USD |
CY2017Q3 | us-gaap |
Derivative Assets Current
DerivativeAssetsCurrent
|
175000000 | USD |
us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
839000000 | USD | |
us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
840000000 | USD | |
us-gaap |
Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
117000000 | USD | |
us-gaap |
Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
117000000 | USD | |
CY2016Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.10 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.17 | ||
CY2017Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.15 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.48 | ||
CY2016Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.10 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.17 | ||
CY2017Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.15 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.48 | ||
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
4000000 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
28000000 | USD | |
CY2016Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
1.943 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.595 | ||
CY2017Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.293 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.339 | ||
CY2016Q3 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.35 | |
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.35 | ||
CY2017Q3 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.35 | |
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.35 | ||
us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
321000000 | USD | |
us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
370000000 | USD | |
us-gaap |
Gain Loss On Sale Of Equity Investments
GainLossOnSaleOfEquityInvestments
|
-344000000 | USD | |
CY2016Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
171000000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
550000000 | USD | |
CY2017Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
164000000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
498000000 | USD | |
CY2016Q4 | us-gaap |
Goodwill
Goodwill
|
22152000000 | USD |
CY2017Q3 | us-gaap |
Goodwill
Goodwill
|
22164000000 | USD |
CY2016Q3 | us-gaap |
Impairment Of Investments
ImpairmentOfInvestments
|
350000000 | USD |
us-gaap |
Impairment Of Investments
ImpairmentOfInvestments
|
344000000 | USD | |
CY2017Q3 | us-gaap |
Impairment Of Investments
ImpairmentOfInvestments
|
0 | USD |
us-gaap |
Impairment Of Investments
ImpairmentOfInvestments
|
0 | USD | |
CY2016Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
194000000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1250000000 | USD | |
CY2017Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
547000000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1837000000 | USD | |
CY2016Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
137000000 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
343000000 | USD | |
CY2017Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
167000000 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
477000000 | USD | |
CY2016Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
377000000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
744000000 | USD | |
CY2017Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
160000000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
622000000 | USD | |
CY2016Q4 | us-gaap |
Income Tax Receivable
IncomeTaxReceivable
|
180000000 | USD |
CY2017Q3 | us-gaap |
Income Tax Receivable
IncomeTaxReceivable
|
20000000 | USD |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
4000000 | USD | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
-144000000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-46000000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-62000000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-26000000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-174000000 | USD | |
us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
0 | USD | |
us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
-144000000 | USD | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
-158000000 | USD | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
-158000000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-68000000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
86000000 | USD | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
20000000 | USD | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
2000000 | USD | |
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
148000000 | USD | |
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
-23000000 | USD | |
us-gaap |
Increase In Restricted Cash
IncreaseInRestrictedCash
|
776000000 | USD | |
us-gaap |
Increase In Restricted Cash
IncreaseInRestrictedCash
|
0 | USD | |
CY2016Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
3318000000 | USD |
CY2017Q3 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
3153000000 | USD |
CY2016Q3 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-472000000 | USD |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-1384000000 | USD | |
CY2017Q3 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-459000000 | USD |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-1387000000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
1598000000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
1566000000 | USD | |
CY2016Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
625000000 | USD |
CY2017Q3 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
442000000 | USD |
CY2016Q4 | us-gaap |
Inventory Net
InventoryNet
|
357000000 | USD |
CY2017Q3 | us-gaap |
Inventory Net
InventoryNet
|
428000000 | USD |
CY2016Q4 | us-gaap |
Liabilities
Liabilities
|
45503000000 | USD |
CY2017Q3 | us-gaap |
Liabilities
Liabilities
|
43827000000 | USD |
CY2016Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
80305000000 | USD |
CY2017Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
80351000000 | USD |
CY2016Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
5924000000 | USD |
CY2017Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
6174000000 | USD |
CY2016Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
39579000000 | USD |
CY2017Q3 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
37653000000 | USD |
CY2016Q4 | us-gaap |
Litigation Reserve
LitigationReserve
|
407000000 | USD |
CY2017Q3 | us-gaap |
Litigation Reserve
LitigationReserve
|
330000000 | USD |
CY2016Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
38901000000 | USD |
CY2017Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
37225000000 | USD |
CY2016Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
37354000000 | USD |
CY2017Q3 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
35116000000 | USD |
CY2016Q4 | us-gaap |
Long Term Investments
LongTermInvestments
|
7027000000 | USD |
CY2017Q3 | us-gaap |
Long Term Investments
LongTermInvestments
|
7484000000 | USD |
CY2016Q4 | us-gaap |
Loss Contingency Accrual Carrying Value Current
LossContingencyAccrualCarryingValueCurrent
|
261000000 | USD |
CY2017Q3 | us-gaap |
Loss Contingency Accrual Carrying Value Current
LossContingencyAccrualCarryingValueCurrent
|
277000000 | USD |
us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
-15000000 | USD | |
us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
-28000000 | USD | |
CY2016Q4 | us-gaap |
Minority Interest
MinorityInterest
|
371000000 | USD |
CY2017Q3 | us-gaap |
Minority Interest
MinorityInterest
|
1299000000 | USD |
us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
17000000 | USD | |
us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
27000000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-2332000000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-994000000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1047000000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2486000000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
3503000000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
3307000000 | USD | |
CY2016Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-188000000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
499000000 | USD | |
CY2017Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
373000000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
1189000000 | USD | |
CY2016Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
5000000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
7000000 | USD | |
CY2017Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
14000000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
26000000 | USD | |
CY2016Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-227000000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
382000000 | USD | |
CY2017Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
334000000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
1072000000 | USD | |
us-gaap |
New Accounting Pronouncement Or Change In Accounting Principle Effect Of Adoption Quantification
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification
|
8000000 | USD | |
us-gaap |
Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
|
43000000 | USD | |
us-gaap |
Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
|
0 | USD | |
us-gaap |
Noncontrolling Interest Decrease From Deconsolidation
NoncontrollingInterestDecreaseFromDeconsolidation
|
30000000 | USD | |
us-gaap |
Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
|
1049000000 | USD | |
us-gaap |
Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
|
230000000 | USD | |
CY2016Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-688000000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-1388000000 | USD | |
CY2017Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-283000000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-895000000 | USD | |
us-gaap |
Number Of Reporting Units
NumberOfReportingUnits
|
7 | Unit | |
us-gaap |
Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
|
62000000 | USD | |
us-gaap |
Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
|
285000000 | USD | |
CY2016Q3 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
576000000 | USD |
us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
1744000000 | USD | |
CY2017Q3 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
587000000 | USD |
us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
1636000000 | USD | |
CY2016Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
882000000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
2638000000 | USD | |
CY2017Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
830000000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
2732000000 | USD | |
CY2016Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
1085000000 | USD |
CY2017Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
941000000 | USD |
CY2016Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
337000000 | USD |
CY2017Q3 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
176000000 | USD |
CY2016Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
1522000000 | USD |
CY2017Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
1638000000 | USD |
us-gaap |
Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
|
-16000000 | USD | |
us-gaap |
Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
|
-27000000 | USD | |
us-gaap |
Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
|
-177000000 | USD | |
us-gaap |
Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
|
41000000 | USD | |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
65000000 | USD | |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
124000000 | USD | |
CY2016Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-20000000 | USD |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
65000000 | USD | |
CY2017Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
78000000 | USD |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
129000000 | USD | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
|
0 | USD | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
|
0 | USD | |
CY2016Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
-11000000 | USD |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
38000000 | USD | |
CY2017Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
28000000 | USD |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
45000000 | USD | |
CY2016Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-3000000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-96000000 | USD | |
CY2017Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
44000000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
190000000 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-96000000 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
192000000 | USD | |
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
|
-16000000 | USD | |
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
|
-20000000 | USD | |
CY2016Q3 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-6000000 | USD |
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-16000000 | USD | |
CY2017Q3 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-7000000 | USD |
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-20000000 | USD | |
CY2016Q3 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
|
-3000000 | USD |
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
|
-9000000 | USD | |
CY2017Q3 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
|
-8000000 | USD |
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
|
-17000000 | USD | |
CY2016Q3 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
39000000 | USD |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
158000000 | USD | |
CY2017Q3 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
48000000 | USD |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
144000000 | USD | |
CY2016Q3 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
|
23000000 | USD |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
|
92000000 | USD | |
CY2017Q3 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
|
27000000 | USD |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
|
82000000 | USD | |
CY2016Q3 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
50000000 | USD |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-19000000 | USD | |
CY2017Q3 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
7000000 | USD |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
185000000 | USD | |
CY2016Q3 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
|
29000000 | USD |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
|
-11000000 | USD | |
CY2017Q3 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
|
3000000 | USD |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
|
105000000 | USD | |
CY2016Q3 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
15000000 | USD |
us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
45000000 | USD | |
CY2017Q3 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
15000000 | USD |
us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
45000000 | USD | |
CY2016Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
12000000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
42000000 | USD | |
CY2017Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
24000000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
60000000 | USD | |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-160000000 | USD | |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-95000000 | USD | |
CY2016Q3 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
1000000 | USD |
us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
0 | USD | |
CY2017Q3 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
0 | USD |
us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
0 | USD | |
CY2016Q3 | us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
605000000 | USD |
us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
1775000000 | USD | |
CY2017Q3 | us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
629000000 | USD |
us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
1937000000 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
26000000 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-10000000 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
15000000 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
69000000 | USD | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
839000000 | USD | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
840000000 | USD | |
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
17000000 | USD | |
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
26000000 | USD | |
us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
115000000 | USD | |
us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
117000000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
333000000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
4000000 | USD | |
us-gaap |
Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
|
389000000 | USD | |
us-gaap |
Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
|
631000000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2109000000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2231000000 | USD | |
CY2016 | us-gaap |
Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
|
0.0975 | |
us-gaap |
Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
|
0.0975 | ||
CY2016Q3 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
39000000 | USD |
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
117000000 | USD | |
CY2017Q3 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
39000000 | USD |
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
117000000 | USD | |
CY2016Q4 | us-gaap |
Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
|
1000 | |
CY2017Q3 | us-gaap |
Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
|
1000 | |
CY2016Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2017Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2016Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2017Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
1600000 | shares |
CY2017Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
1600000 | shares |
CY2015Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
2000000 | shares |
CY2016Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
2000000 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
2000000 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
1600000 | shares |
CY2017Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
1600000 | shares |
CY2017Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
2000000 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2017Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
252000000 | USD | |
us-gaap |
Proceeds From Divestiture Of Interest In Consolidated Subsidiaries
ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries
|
1402000000 | USD | |
us-gaap |
Proceeds From Divestiture Of Interest In Consolidated Subsidiaries
ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries
|
0 | USD | |
us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
158000000 | USD | |
us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
8485000000 | USD | |
us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
7790000000 | USD | |
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
88000000 | USD | |
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
12000000 | USD | |
us-gaap |
Proceeds From Partnership Contribution
ProceedsFromPartnershipContribution
|
0 | USD | |
us-gaap |
Proceeds From Partnership Contribution
ProceedsFromPartnershipContribution
|
444000000 | USD | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-8000000 | USD | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-9000000 | USD | |
CY2016Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-183000000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
506000000 | USD | |
CY2017Q3 | us-gaap |
Profit Loss
ProfitLoss
|
387000000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
1215000000 | USD | |
CY2016Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
38705000000 | USD |
CY2017Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
39867000000 | USD |
us-gaap |
Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
|
158000000 | USD | |
us-gaap |
Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
|
144000000 | USD | |
CY2016Q4 | us-gaap |
Recorded Third Party Environmental Recoveries Receivable
RecordedThirdPartyEnvironmentalRecoveriesReceivable
|
13000000 | USD |
CY2017Q3 | us-gaap |
Recorded Third Party Environmental Recoveries Receivable
RecordedThirdPartyEnvironmentalRecoveriesReceivable
|
13000000 | USD |
us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
9135000000 | USD | |
us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
9654000000 | USD | |
CY2017Q3 | us-gaap |
Reporting Unit Percentage Of Fair Value In Excess Of Carrying Amount
ReportingUnitPercentageOfFairValueInExcessOfCarryingAmount
|
0.03 | |
CY2016Q4 | us-gaap |
Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
|
103000000 | USD |
CY2017Q3 | us-gaap |
Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
|
81000000 | USD |
CY2016Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-6669000000 | USD |
CY2017Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-6429000000 | USD |
CY2016Q3 | us-gaap |
Revenues
Revenues
|
3330000000 | USD |
us-gaap |
Revenues
Revenues
|
9669000000 | USD | |
CY2017Q3 | us-gaap |
Revenues
Revenues
|
3281000000 | USD |
us-gaap |
Revenues
Revenues
|
10073000000 | USD | |
CY2016Q3 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
2006000000 | USD |
us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
6154000000 | USD | |
CY2017Q3 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
1938000000 | USD |
us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
5855000000 | USD | |
us-gaap |
Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
|
1000000 | shares | |
us-gaap |
Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
|
1000000 | shares | |
CY2016Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
34431000000 | USD |
CY2017Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
35225000000 | USD |
CY2015Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
35403000000 | USD |
CY2016Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
34968000000 | USD |
CY2016Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
34802000000 | USD |
CY2017Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
36524000000 | USD |
us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
7000000 | USD | |
us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
15000000 | USD | |
CY2016Q3 | us-gaap |
Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
|
106000000 | USD |
us-gaap |
Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
|
324000000 | USD | |
CY2017Q3 | us-gaap |
Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
|
102000000 | USD |
us-gaap |
Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
|
297000000 | USD | |
us-gaap |
Transfer To Investments
TransferToInvestments
|
37000000 | USD | |
us-gaap |
Transfer To Investments
TransferToInvestments
|
0 | USD | |
CY2016Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
2230000000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
2229000000 | shares | |
CY2017Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
2231000000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
2230000000 | shares | |
CY2016Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2230000000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2229000000 | shares | |
CY2017Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2231000000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2230000000 | shares | |
us-gaap |
Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Recent Accounting Pronouncements</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><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;">Topic 606</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On May 28, 2014, the FASB issued ASU No. 2014-09, “</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers</font><font style="font-family:inherit;font-size:10pt;">” followed by a series of related accounting standard updates (collectively referred to as “Topic 606”). Topic 606 is designed to create greater revenue recognition and disclosure comparability in financial statements. The provisions of Topic 606 include a five-step process by which an entity will determine revenue recognition, depicting the transfer of goods or services to customers in amounts reflecting the payment to which an entity expects to be entitled in exchange for those goods or services. Topic 606 requires certain disclosures about contracts with customers and provides more comprehensive guidance for transactions such as service revenue, contract modifications, and multiple-element arrangements.</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We are in the process of comparing our current revenue recognition policies to the requirements of Topic 606 for each of our revenue categories. While we have not identified any material differences in the amount and timing of revenue recognition for the categories we have reviewed to date, our evaluation is not complete, and we have not concluded on the overall impacts of adopting Topic 606. Topic 606 will require that our revenue recognition policy disclosure include further detail regarding our performance obligations as to the nature, amount, timing, and estimates of revenue and cash flows generated from our contracts with customers. Topic 606 will also require disclosure of significant changes in contract asset and contract liability balances period to period and the amount of the transaction price allocated to performance obligations that are unsatisfied (or partially unsatisfied) as of the end of the reporting period, as applicable. We anticipate utilizing the modified retrospective method to adopt the provisions of this standard effective January 1, 2018, which requires us to apply the new revenue standard to (i) all new revenue contracts entered into after January 1, 2018 and (ii) all existing revenue contracts as of January 1, 2018 through a cumulative adjustment to equity. In accordance with this approach, our consolidated revenues for periods prior to January 1, 2018 will not be revised.</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><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;">ASU No. 2015-11</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On July 22, 2015, the FASB issued ASU No. 2015-11, “</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Inventory (Topic 330): Simplifying the Measurement of Inventory</font><font style="font-family:inherit;font-size:10pt;">.” This ASU requires entities to subsequently measure inventory at the lower of cost and net realizable value, and defines net realizable value as the estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. ASU No. 2015-11 was effective January 1, 2017. We adopted ASU No. 2015-11 with no material impact to our financial statements.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><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;">ASU No. 2016-02</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On February 25, 2016, the FASB issued ASU No. 2016-02, “</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Leases (Topic 842)</font><font style="font-family:inherit;font-size:10pt;">.” This ASU requires that lessees will be required to recognize assets and liabilities on the balance sheet for the present value of the rights and obligations created by all leases with terms of more than 12 months. The ASU also will require disclosures designed to give financial statement users information on the amount, timing, and uncertainty of cash flows arising from leases. ASU 2016-02 will be effective for us as of January 1, 2019. We are currently reviewing the effect of ASU No. 2016-02.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><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;">ASU No. 2016-09</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On March 30, 2016, the FASB issued ASU No. 2016-09, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">“Compensation - Stock Compensation (Topic 718).” </font><font style="font-family:inherit;font-size:10pt;">This ASU was issued as part of the FASB’s simplification initiative and affects all entities that issue share-based payment awards to their employees. This ASU covers accounting for income taxes, forfeitures, and statutory tax withholding requirements, as well as classification in the statement of cash flows. ASU No. 2016-09 was effective January 1, 2017. We adopted ASU No. 2016-09 with no material impact to our financial statements. See Note 8.</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><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;">ASU No. 2016-13</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On June 16, 2016, the FASB issued ASU No. 2016-13, “</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments</font><font style="font-family:inherit;font-size:10pt;">.” This ASU modifies the impairment model to utilize an expected loss methodology in place of the currently used incurred loss methodology, which will result in the more timely recognition of losses. ASU No. 2016-13 will be effective for us as of January 1, 2020. We are currently reviewing the effect of ASU No. 2016-13.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><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;">ASU No. 2016-18</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On November 17, 2016, the FASB issued ASU No. 2016-18, “</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Statement of Cash Flows (Topic 230): Restricted Cash (a consensus of the FASB Emerging Issues Task Force).</font><font style="font-family:inherit;font-size:10pt;">” This ASU requires the statement of cash flows to explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Therefore, amounts generally described as restricted cash and restricted cash equivalents are to be included with cash and cash equivalents when reconciling the beginning of period and end of period amounts shown on the statement of cash flows.  ASU No. 2016-18 will be effective for us as of January 1, 2018. We are currently reviewing the effect of this ASU to our financial statements.</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><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;">ASU No. 2017-04</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On January 26, 2017, the FASB issued ASU No. 2017-04, “</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Simplifying the Test for Goodwill Impairment (Topic 350)</font><font style="font-family:inherit;font-size:10pt;">” to simplify the accounting for goodwill impairment. The guidance removes Step 2 of the goodwill impairment test, which requires a hypothetical purchase price allocation. A goodwill impairment will now be the amount by which a reporting unit’s carrying value exceeds its fair value, not to exceed the carrying amount of goodwill. ASU No. 2017-04 will be effective for us as of January 1, 2020. We are currently reviewing the effect of this ASU to our financial statements.</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><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;">ASU No. 2017-05</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On February 22, 2017, the FASB issued ASU No. 2017-05, “</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Other Income-Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20): Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Nonfinancial Assets</font><font style="font-family:inherit;font-size:10pt;">.”  This ASU clarifies the scope and accounting of a financial asset that meets the definition of an “in-substance nonfinancial asset” and defines the term “in-substance nonfinancial asset.”  This ASU also adds guidance for partial sales of nonfinancial assets.  ASU No. 2017-05 will be effective at the same time Topic 606, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers</font><font style="font-family:inherit;font-size:10pt;">, is effective.  We are currently reviewing the effect of this ASU to our financial statements.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><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;">ASU No. 2017-07</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On March 10, 2017, the FASB issued ASU No. 2017-07, “</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Compensation - Retirement Benefits (Topic 715)</font><font style="font-family:inherit;font-size:10pt;">.” This ASU requires an employer to disaggregate the service cost component from the other components of net benefit cost, allow only the service cost component of net benefit cost to be eligible for capitalization, and how to present the service cost component and the other components of net benefit cost in the income statement. ASU No. 2017-07 will be effective for us as of January 1, 2018. We are currently reviewing the effect of this ASU to our financial statements.</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><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;">ASU No. 2017-12</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On August 28, 2017, the FASB issued ASU No. 2017-12, “</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities</font><font style="font-family:inherit;font-size:10pt;">.” This ASU amends and simplifies existing guidance in order to allow companies to more accurately present the economic effects of risk management activities in the financial statements. ASU No. 2017-12 will be effective for us as of January 1, 2019, and earlier adoption is permitted. We are currently reviewing the effect of this ASU to our financial statements.</font></div></div> |