2020 Q1 Form 10-Q Financial Statement

#000075000420000066 Filed on May 11, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q1
Revenue $479.0M $837.0M
YoY Change -42.77% 3.08%
Cost Of Revenue $157.0M $307.0M
YoY Change -48.86% 3.37%
Gross Profit $322.0M $530.0M
YoY Change -39.25% 2.91%
Gross Profit Margin 67.22% 63.32%
Selling, General & Admin $198.0M $186.0M
YoY Change 6.45% 8.14%
% of Gross Profit 61.49% 35.09%
Research & Development $51.00M $49.00M
YoY Change 4.08% -9.26%
% of Gross Profit 15.84% 9.25%
Depreciation & Amortization $138.0M $165.0M
YoY Change -16.36% -12.23%
% of Gross Profit 42.86% 31.13%
Operating Expenses $249.0M $235.0M
YoY Change 5.96% 3.98%
Operating Profit -$32.00M $123.0M
YoY Change -126.02% 151.02%
Interest Expense -$126.0M -$148.0M
YoY Change -14.86% 0.34%
% of Operating Profit -120.33%
Other Income/Expense, Net -$3.000M $0.00
YoY Change -100.0%
Pretax Income -$151.0M -$20.00M
YoY Change 655.0% -89.8%
Income Tax $4.000M $4.000M
% Of Pretax Income
Net Earnings -$159.0M -$24.00M
YoY Change 562.5% -88.12%
Net Earnings / Revenue -33.19% -2.87%
Basic Earnings Per Share -$1.69 -$0.26
Diluted Earnings Per Share -$1.69 -$0.26
COMMON SHARES
Basic Shares Outstanding 95.00M shares 92.00M shares
Diluted Shares Outstanding 95.00M shares 92.00M shares

Balance Sheet

Concept 2020 Q1 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $334.0M $1.213B
YoY Change -72.46% 1003.73%
Cash & Equivalents $334.0M $1.213B
Short-Term Investments
Other Short-Term Assets $181.0M $165.0M
YoY Change 9.7% -41.86%
Inventory $248.0M $229.0M
Prepaid Expenses
Receivables $624.0M $621.0M
Other Receivables $0.00 $104.0M
Total Short-Term Assets $1.496B $2.446B
YoY Change -38.84% 86.55%
LONG-TERM ASSETS
Property, Plant & Equipment $474.0M $517.0M
YoY Change -8.32% 2.32%
Goodwill $3.162B $3.301B
YoY Change -4.21% -2.12%
Intangibles $1.429B $1.745B
YoY Change -18.11% -8.3%
Long-Term Investments $263.0M $296.0M
YoY Change -11.15% 64.99%
Other Assets $229.0M $92.00M
YoY Change 148.91% 18.71%
Total Long-Term Assets $5.962B $6.391B
YoY Change -6.71% -0.54%
TOTAL ASSETS
Total Short-Term Assets $1.496B $2.446B
Total Long-Term Assets $5.962B $6.391B
Total Assets $7.458B $8.837B
YoY Change -15.6% 14.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $215.0M $200.0M
YoY Change 7.5% 7.53%
Accrued Expenses $475.0M $540.0M
YoY Change -12.04% 3.87%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $45.00M $1.046B
YoY Change -95.7% 1975.4%
Total Short-Term Liabilities $735.0M $1.786B
YoY Change -58.85% 136.15%
LONG-TERM LIABILITIES
Long-Term Debt $8.620B $8.937B
YoY Change -3.55% 1.63%
Other Long-Term Liabilities $293.0M $330.0M
YoY Change -11.21% 37.67%
Total Long-Term Liabilities $293.0M $330.0M
YoY Change -11.21% 37.67%
TOTAL LIABILITIES
Total Short-Term Liabilities $735.0M $1.786B
Total Long-Term Liabilities $293.0M $330.0M
Total Liabilities $9.816B $11.26B
YoY Change -12.82% 13.36%
SHAREHOLDERS EQUITY
Retained Earnings -$3.119B -$2.848B
YoY Change 9.52% 6.52%
Common Stock $1.216B $848.0M
YoY Change 43.4% 6.09%
Preferred Stock
YoY Change
Treasury Stock (at cost) $175.0M $175.0M
YoY Change 0.0% -0.11%
Treasury Stock Shares 17.00M shares 17.20M shares
Shareholders Equity -$2.358B -$2.423B
YoY Change
Total Liabilities & Shareholders Equity $7.458B $8.837B
YoY Change -15.6% 14.21%

Cashflow Statement

Concept 2020 Q1 2019 Q1
OPERATING ACTIVITIES
Net Income -$159.0M -$24.00M
YoY Change 562.5% -88.12%
Depreciation, Depletion And Amortization $138.0M $165.0M
YoY Change -16.36% -12.23%
Cash From Operating Activities $120.0M $167.0M
YoY Change -28.14% 456.67%
INVESTING ACTIVITIES
Capital Expenditures $53.00M $67.00M
YoY Change -20.9% -23.86%
Acquisitions $0.00 $0.00
YoY Change -100.0%
Other Investing Activities $22.00M $3.000M
YoY Change 633.33%
Cash From Investing Activities -$31.00M -$64.00M
YoY Change -51.56% -82.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $10.00M $12.00M
YoY Change -16.67% 500.0%
Cash From Financing Activities -$59.00M $942.0M
YoY Change -106.26% -372.25%
NET CHANGE
Cash From Operating Activities $120.0M $167.0M
Cash From Investing Activities -$31.00M -$64.00M
Cash From Financing Activities -$59.00M $942.0M
Net Change In Cash $25.00M $1.046B
YoY Change -97.61% -255.19%
FREE CASH FLOW
Cash From Operating Activities $120.0M $167.0M
Capital Expenditures $53.00M $67.00M
Free Cash Flow $67.00M $100.0M
YoY Change -33.0% -272.41%

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CY2020Q1 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
53000000 USD
CY2019Q1 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
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CY2019Q1 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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3000000 USD
CY2020Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
22000000 USD
CY2019Q1 us-gaap Proceeds From Sale Of Productive Assets
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CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2020Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
50000000 USD
CY2019Q1 us-gaap Proceeds From Lines Of Credit
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40000000 USD
CY2020Q1 us-gaap Repayments Of Lines Of Credit
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90000000 USD
CY2019Q1 us-gaap Repayments Of Lines Of Credit
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175000000 USD
CY2020Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2019Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1100000000 USD
CY2020Q1 us-gaap Repayments Of Long Term Debt
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10000000 USD
CY2019Q1 us-gaap Repayments Of Long Term Debt
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CY2020Q1 us-gaap Payments Of Financing Costs
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CY2019Q1 us-gaap Payments Of Financing Costs
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14000000 USD
CY2020Q1 us-gaap Increase Decrease In Royalties Payable
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CY2019Q1 us-gaap Increase Decrease In Royalties Payable
IncreaseDecreaseInRoyaltiesPayable
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CY2020Q1 sgms Proceeds From Sale Of Financing Receivables And Other
ProceedsFromSaleOfFinancingReceivablesAndOther
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CY2019Q1 sgms Proceeds From Sale Of Financing Receivables And Other
ProceedsFromSaleOfFinancingReceivablesAndOther
10000000 USD
CY2020Q1 sgms Noncash Interest Expense
NoncashInterestExpense
5000000 USD
CY2019Q1 sgms Noncash Interest Expense
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7000000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
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CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
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942000000 USD
CY2020Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2019Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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1000000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
25000000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1046000000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
375000000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
220000000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
400000000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1266000000 USD
CY2020Q1 us-gaap Interest Paid Net
InterestPaidNet
110000000 USD
CY2019Q1 us-gaap Interest Paid Net
InterestPaidNet
80000000 USD
CY2020Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
6000000 USD
CY2019Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
10000000 USD
CY2020Q1 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
4000000 USD
CY2019Q1 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
4000000 USD
CY2020Q1 sgms Available Liquidity
AvailableLiquidity
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CY2020Q1 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
483000000 USD
CY2020Q1 sgms Debt Instrument Restrictive Covenants First Lien Leverage Ratio
DebtInstrumentRestrictiveCovenantsFirstLienLeverageRatio
4.38
CY2020Q1 sgms Debt Instrument Restrictive Covenants Total Net Leverage Ratio
DebtInstrumentRestrictiveCovenantsTotalNetLeverageRatio
2.50
CY2020Q1 sgms Debt Instrument Restrictive Covenants Minimum Fixed Charge Coverage Ratio
DebtInstrumentRestrictiveCovenantsMinimumFixedChargeCoverageRatio
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CY2020Q1 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
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CY2019Q1 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
96000000 USD
CY2019Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
109000000 USD
CY2020Q1 sgms Contract With Customer Liability Additions
ContractWithCustomerLiabilityAdditions
36000000 USD
CY2020Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
49000000 USD
CY2020Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
96000000 USD
CY2019Q4 us-gaap Billed Contract Receivables
BilledContractReceivables
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CY2019Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
121000000 USD
CY2020Q1 us-gaap Billed Contract Receivables
BilledContractReceivables
672000000 USD
CY2020Q1 us-gaap Unbilled Contracts Receivable
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CY2020Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
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RevenueFromContractWithCustomerExcludingAssessedTax
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CY2020Q1 sgms Income Loss Before Income Tax Depreciation And Amortization
IncomeLossBeforeIncomeTaxDepreciationAndAmortization
200000000 USD
CY2020Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
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CY2020Q1 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
54000000 USD
CY2020Q1 us-gaap Restructuring Charges
RestructuringCharges
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CY2020Q1 sgms Income Loss From Equity Method Investments Before Income Tax Depreciation And Amortization
IncomeLossFromEquityMethodInvestmentsBeforeIncomeTaxDepreciationAndAmortization
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CY2020Q1 sgms Income Loss From Equity Method Investments Before Income Tax Depreciation And Amortization
IncomeLossFromEquityMethodInvestmentsBeforeIncomeTaxDepreciationAndAmortization
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CY2020Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2020Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2020Q1 us-gaap Interest Income Expense Net
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CY2020Q1 us-gaap Interest Income Expense Net
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CY2020Q1 sgms Gain Loss On Remeasurement Of Debt
GainLossOnRemeasurementOfDebt
10000000 USD
CY2020Q1 sgms Gain Loss On Remeasurement Of Debt
GainLossOnRemeasurementOfDebt
10000000 USD
CY2020Q1 sgms Other Nonoperating Income Expense Gain Loss On Disposition Of Assets Including Realized And Unrealized Gain Loss On Foreign Currency Exchange
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CY2020Q1 sgms Other Nonoperating Income Expense Gain Loss On Disposition Of Assets Including Realized And Unrealized Gain Loss On Foreign Currency Exchange
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CY2020Q1 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2020Q1 us-gaap Share Based Compensation
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CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2019Q1 sgms Income Loss Before Income Tax Depreciation And Amortization
IncomeLossBeforeIncomeTaxDepreciationAndAmortization
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CY2019Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
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CY2019Q1 us-gaap Restructuring Charges
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CY2019Q1 sgms Income Loss From Equity Method Investments Before Income Tax Depreciation And Amortization
IncomeLossFromEquityMethodInvestmentsBeforeIncomeTaxDepreciationAndAmortization
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CY2019Q1 sgms Income Loss From Equity Method Investments Before Income Tax Depreciation And Amortization
IncomeLossFromEquityMethodInvestmentsBeforeIncomeTaxDepreciationAndAmortization
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CY2019Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2019Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2019Q1 us-gaap Interest Income Expense Net
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CY2019Q1 us-gaap Interest Income Expense Net
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CY2019Q1 sgms Gain Loss On Remeasurement Of Debt
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CY2019Q1 sgms Gain Loss On Remeasurement Of Debt
GainLossOnRemeasurementOfDebt
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CY2019Q1 sgms Other Nonoperating Income Expense Gain Loss On Disposition Of Assets Including Realized And Unrealized Gain Loss On Foreign Currency Exchange
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CY2019Q1 sgms Other Nonoperating Income Expense Gain Loss On Disposition Of Assets Including Realized And Unrealized Gain Loss On Foreign Currency Exchange
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CY2019Q1 us-gaap Share Based Compensation
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CY2019Q1 us-gaap Share Based Compensation
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CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2020Q1 us-gaap Restructuring Charges
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CY2019Q1 us-gaap Restructuring Charges
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CY2020Q1 us-gaap Accounts Receivable Gross Current
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CY2019Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
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CY2020Q1 us-gaap Allowance For Notes And Loans Receivable Current
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CY2019Q4 us-gaap Allowance For Notes And Loans Receivable Current
AllowanceForNotesAndLoansReceivableCurrent
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CY2020Q1 us-gaap Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
624000000 USD
CY2019Q4 us-gaap Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
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CY2020Q1 us-gaap Notes Receivable Gross
NotesReceivableGross
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CY2019Q4 us-gaap Notes Receivable Gross
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CY2020Q1 us-gaap Allowance For Notes And Loans Receivable Noncurrent
AllowanceForNotesAndLoansReceivableNoncurrent
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CY2019Q4 us-gaap Allowance For Notes And Loans Receivable Noncurrent
AllowanceForNotesAndLoansReceivableNoncurrent
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CY2020Q1 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
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CY2019Q4 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
53000000 USD
CY2020Q1 us-gaap Notes Receivable Net
NotesReceivableNet
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CY2019Q4 us-gaap Notes Receivable Net
NotesReceivableNet
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CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
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CY2018Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
40000000 USD
CY2020Q1 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
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CY2019Q1 us-gaap Provision For Loan Lease And Other Losses
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CY2020Q1 us-gaap Financing Receivable Allowance For Credit Losses Recovery
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CY2019Q1 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
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CY2020Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
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CY2019Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
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CY2020Q1 us-gaap Allowance For Loan And Lease Losses Period Increase Decrease
AllowanceForLoanAndLeaseLossesPeriodIncreaseDecrease
28000000 USD
CY2020Q1 us-gaap Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
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CY2019Q4 us-gaap Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
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CY2020Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
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CY2019Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
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CY2020Q1 us-gaap Inventory Net
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CY2019Q4 us-gaap Inventory Net
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244000000 USD
CY2020Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
992000000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
996000000 USD
CY2020Q1 us-gaap Property Plant And Equipment Net
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474000000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
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500000000 USD
CY2020Q1 us-gaap Depreciation
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CY2019Q1 us-gaap Depreciation
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CY2020Q1 us-gaap Proceeds From Sale Of Property Held For Sale
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CY2020Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
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CY2020Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1454000000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1348000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
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CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1393000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
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CY2020Q1 sgms Intangible Assets Net Excluding Goodwill Gross
IntangibleAssetsNetExcludingGoodwillGross
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CY2020Q1 sgms Intangible Assets Accumulated Amortization Excluding Goodwill
IntangibleAssetsAccumulatedAmortizationExcludingGoodwill
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CY2020Q1 us-gaap Intangible Assets Net Excluding Goodwill
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CY2019Q4 sgms Intangible Assets Net Excluding Goodwill Gross
IntangibleAssetsNetExcludingGoodwillGross
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CY2019Q4 sgms Intangible Assets Accumulated Amortization Excluding Goodwill
IntangibleAssetsAccumulatedAmortizationExcludingGoodwill
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CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
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CY2020Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
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CY2019Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
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CY2019Q4 us-gaap Goodwill
Goodwill
3280000000 USD
CY2020Q1 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
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CY2020Q1 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
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CY2020Q1 us-gaap Goodwill
Goodwill
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CY2020Q1 us-gaap Capitalized Computer Software Gross
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CY2019Q1 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
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CY2020Q1 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
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CY2019Q1 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
915000000 USD
CY2020Q1 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
248000000 USD
CY2019Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
258000000 USD
CY2020Q1 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
29000000 USD
CY2019Q1 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
30000000 USD
CY2020Q1 us-gaap Equity Method Investments
EquityMethodInvestments
263000000 USD
CY2019Q4 us-gaap Equity Method Investments
EquityMethodInvestments
273000000 USD
CY2020Q1 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
4000000 USD
CY2019Q1 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
7000000 USD
CY2020Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
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CY2020Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
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CY2020Q1 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
8665000000 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
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CY2020Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
45000000 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
45000000 USD
CY2020Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
8620000000 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
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CY2020Q1 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
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CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
31000000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
383000000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
42000000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
42000000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
4089000000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
4180000000 USD
CY2020Q1 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
0 USD
CY2020Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
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CY2019Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
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CY2020Q1 us-gaap Derivative Cost Of Hedge
DerivativeCostOfHedge
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CY2019Q1 us-gaap Derivative Cost Of Hedge
DerivativeCostOfHedge
5000000 USD
CY2020Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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3000000 USD
CY2019Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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5000000 USD
CY2020Q1 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
10000000 USD
CY2019Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
14000000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2020Q1 us-gaap Redemption Premium
RedemptionPremium
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CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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9000000 USD
CY2020Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
4000000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
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CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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CY2020Q1 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
-6000000 USD
CY2020Q1 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
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CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-2463000000 USD
CY2019Q1 us-gaap Redemption Premium
RedemptionPremium
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CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
11000000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
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CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
51000000 USD
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2020Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10000000 USD
CY2019Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
14000000 USD
CY2020Q1 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
0.18 USD
CY2020Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
8000000 USD
CY2019Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
9000000 USD
CY2020Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
98000000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
105000000 USD
CY2020Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
25000000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
26000000 USD
CY2020Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
81000000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
88000000 USD
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
106000000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
114000000 USD
CY2020Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
8000000 USD
CY2019Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
8000000 USD
CY2020Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y
CY2020Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.05
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.05
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
22000000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
26000000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
21000000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
16000000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
13000000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
23000000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
15000000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
106000000 USD
CY2020Q1 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
3000000 USD
CY2020Q1 us-gaap Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
13000000 USD

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0000750004-20-000066.txt Edgar Link pending
0000750004-20-000066-xbrl.zip Edgar Link pending
exhibit101-cottleamend.htm Edgar Link pending
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