2021 Q1 Form 10-K Financial Statement

#000156459021016119 Filed on March 29, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2021 2020 Q4
Revenue $6.780B $17.35B $3.990B
YoY Change -18.68% -29.37% -22.87%
Cost Of Revenue $4.498B $12.29B $2.569B
YoY Change -14.58% -19.02% -17.29%
Gross Profit $2.282B $5.060B $1.421B
YoY Change -25.69% -46.11% -31.25%
Gross Profit Margin 33.66% 29.17% 35.61%
Selling, General & Admin $2.045B $6.767B $1.726B
YoY Change -18.49% -24.79% -21.62%
% of Gross Profit 89.61% 133.74% 121.46%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $237.0M $959.0M $250.0M
YoY Change -7.42% -2.24% -1.19%
% of Gross Profit 10.39% 18.95% 17.59%
Operating Expenses $2.045B $6.767B $1.726B
YoY Change -18.49% -24.79% -21.62%
Operating Profit $237.0M -$4.475B -$127.0M
YoY Change -57.83% -561.34% -344.23%
Interest Expense -$85.00M $284.0M $80.00M
YoY Change 102.38% 38.54% 53.85%
% of Operating Profit -35.86%
Other Income/Expense, Net $17.00M $54.00M $16.00M
YoY Change 112.5% 74.19% 100.0%
Pretax Income $314.0M -$4.790B -$217.0M
YoY Change -30.07% -757.97%
Income Tax $154.0M -$846.0M -$126.0M
% Of Pretax Income 49.04%
Net Earnings $160.0M -$3.944B -$91.00M
YoY Change -52.94% -799.29% -4650.0%
Net Earnings / Revenue 2.36% -22.74% -2.28%
Basic Earnings Per Share $0.51 -$12.68 -$0.29
Diluted Earnings Per Share $0.50 -$12.68 -$0.29
COMMON SHARES
Basic Shares Outstanding 310.6M 311.1M 311.2M
Diluted Shares Outstanding 311.1M 311.2M

Balance Sheet

Concept 2021 Q1 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.679B $1.679B $1.551B
YoY Change 145.11% 145.11% 415.28%
Cash & Equivalents $1.679B $1.679B $1.551B
Short-Term Investments
Other Short-Term Assets $455.0M $455.0M $477.0M
YoY Change -13.83% -13.83% -16.02%
Inventory $3.774B $3.774B $5.144B
Prepaid Expenses $455.0M $477.0M
Receivables $276.0M $276.0M $185.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $6.184B $6.184B $7.357B
YoY Change -9.19% -9.19% -11.37%
LONG-TERM ASSETS
Property, Plant & Equipment $5.940B $8.818B $6.122B
YoY Change -10.45% -5.19% -6.65%
Goodwill $828.0M $828.0M
YoY Change -78.81% -78.81%
Intangibles $840.0M $840.0M
YoY Change -0.24% -0.36%
Long-Term Investments
YoY Change
Other Assets $1.439B $1.439B $1.442B
YoY Change 101.54% 101.54% 93.82%
Total Long-Term Assets $11.52B $11.52B $11.86B
YoY Change -19.77% -19.77% -16.77%
TOTAL ASSETS
Total Short-Term Assets $6.184B $6.184B $7.357B
Total Long-Term Assets $11.52B $11.52B $11.86B
Total Assets $17.71B $17.71B $19.21B
YoY Change -16.37% -16.37% -14.78%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.978B $2.856B $3.267B
YoY Change 17.6% 7.41% -4.67%
Accrued Expenses $2.927B $1.428B $2.848B
YoY Change -15.11% -17.02% -6.5%
Deferred Revenue $616.0M $639.0M
YoY Change -26.58% -9.36%
Short-Term Debt $452.0M $0.00 $0.00
YoY Change -16.14%
Long-Term Debt Due $452.0M $454.0M $536.0M
YoY Change -16.45% -16.08% 7557.14%
Total Short-Term Liabilities $5.357B $5.357B $6.651B
YoY Change -6.83% -6.83% 2.65%
LONG-TERM LIABILITIES
Long-Term Debt $4.407B $4.426B $4.852B
YoY Change 21.0% 21.53% 3.21%
Other Long-Term Liabilities $1.296B $4.462B $1.285B
YoY Change -3.07% 5.38% -2.28%
Total Long-Term Liabilities $1.296B $8.888B $1.285B
YoY Change -3.07% 12.85% -2.28%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.357B $5.357B $6.651B
Total Long-Term Liabilities $1.296B $8.888B $1.285B
Total Liabilities $6.653B $15.15B $7.936B
YoY Change -6.12% 2.42% 1.82%
SHAREHOLDERS EQUITY
Retained Earnings $3.928B
YoY Change -50.83%
Common Stock $574.0M
YoY Change -8.01%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.161B
YoY Change -6.45%
Treasury Stock Shares
Shareholders Equity $2.553B $2.553B $2.243B
YoY Change
Total Liabilities & Shareholders Equity $17.71B $17.71B $19.21B
YoY Change -16.37% -16.37% -14.78%

Cashflow Statement

Concept 2021 Q1 2021 2020 Q4
OPERATING ACTIVITIES
Net Income $160.0M -$3.944B -$91.00M
YoY Change -52.94% -799.29% -4650.0%
Depreciation, Depletion And Amortization $237.0M $959.0M $250.0M
YoY Change -7.42% -2.24% -1.19%
Cash From Operating Activities $405.0M $649.0M $251.0M
YoY Change -71.8% -59.64% -241.01%
INVESTING ACTIVITIES
Capital Expenditures -$80.00M $338.0M -$97.00M
YoY Change -76.81% -62.53% -68.81%
Acquisitions
YoY Change
Other Investing Activities $69.00M -$28.00M $55.00M
YoY Change -4.17% -193.33% 52.78%
Cash From Investing Activities -$11.00M -$325.0M -$42.00M
YoY Change -95.97% -67.56% -84.73%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.000M
YoY Change 0.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -264.0M 699.0M 13.00M
YoY Change -66.28% -162.24% -77.19%
NET CHANGE
Cash From Operating Activities 405.0M 649.0M 251.0M
Cash From Investing Activities -11.00M -325.0M -42.00M
Cash From Financing Activities -264.0M 699.0M 13.00M
Net Change In Cash 130.0M 1.023B 222.0M
YoY Change -65.79% -297.87% -156.06%
FREE CASH FLOW
Cash From Operating Activities $405.0M $649.0M $251.0M
Capital Expenditures -$80.00M $338.0M -$97.00M
Free Cash Flow $485.0M $311.0M $348.0M
YoY Change -72.77% -55.95% 161.65%

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CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2020Q1 us-gaap Liabilities And Stockholders Equity
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CY2019 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
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CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2019 us-gaap Dividends Common Stock Cash
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CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2019 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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CY2019 us-gaap Minority Interest Period Increase Decrease
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CY2020 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
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CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2020 us-gaap Common Stock Dividends Per Share Declared
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CY2020 us-gaap Treasury Stock Value Acquired Cost Method
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CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2020 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2020 us-gaap Stockholders Equity Other
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CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2021 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
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CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2021 us-gaap Common Stock Dividends Per Share Declared
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CY2021 us-gaap Dividends Common Stock Cash
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CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2021 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2021 us-gaap Profit Loss
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CY2020 us-gaap Profit Loss
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CY2019 us-gaap Profit Loss
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CY2021 us-gaap Restructuring Settlement And Impairment Provisions
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CY2020 us-gaap Restructuring Settlement And Impairment Provisions
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CY2020 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements And Curtailments1
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CY2019 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements And Curtailments1
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CY2021 us-gaap Depreciation Depletion And Amortization
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CY2020 us-gaap Depreciation Depletion And Amortization
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CY2019 us-gaap Depreciation Depletion And Amortization
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CY2021 us-gaap Pension Expense Reversal Of Expense Noncash
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CY2021 us-gaap Share Based Compensation
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CY2020 us-gaap Net Cash Provided By Used In Operating Activities
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CY2019 us-gaap Net Cash Provided By Used In Operating Activities
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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CY2020 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2019 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2021 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2020 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2019 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2021 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
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CY2020 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
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CY2019 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
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156000000
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
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CY2019 us-gaap Payments Of Dividends Common Stock
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CY2020 us-gaap Share Based Compensation
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CY2019 us-gaap Share Based Compensation
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CY2021 us-gaap Gain Loss On Disposition Of Assets
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CY2020 us-gaap Gain Loss On Disposition Of Assets
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CY2019 us-gaap Gain Loss On Disposition Of Assets
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CY2021 us-gaap Deferred Income Tax Expense Benefit
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CY2020 us-gaap Deferred Income Tax Expense Benefit
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CY2019 us-gaap Deferred Income Tax Expense Benefit
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CY2021 us-gaap Amortization Of Financing Costs And Discounts
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CY2020 us-gaap Amortization Of Financing Costs And Discounts
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CY2019 us-gaap Amortization Of Financing Costs And Discounts
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CY2021 us-gaap Increase Decrease In Receivables
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CY2020 us-gaap Increase Decrease In Receivables
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CY2019 us-gaap Increase Decrease In Receivables
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CY2021 us-gaap Increase Decrease In Retail Related Inventories
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CY2020 us-gaap Increase Decrease In Retail Related Inventories
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CY2019 us-gaap Increase Decrease In Retail Related Inventories
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CY2021 us-gaap Increase Decrease In Prepaid Expense
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CY2020 us-gaap Increase Decrease In Prepaid Expense
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CY2019 us-gaap Increase Decrease In Prepaid Expense
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CY2021 us-gaap Increase Decrease In Accounts Payable Trade
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CY2020 us-gaap Increase Decrease In Accounts Payable Trade
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CY2021 us-gaap Payments To Acquire Property Plant And Equipment
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CY2020 us-gaap Payments For Software
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CY2019 us-gaap Payments For Software
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CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
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CY2019 us-gaap Proceeds From Sale Of Property Plant And Equipment
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CY2019 us-gaap Payments For Proceeds From Other Investing Activities
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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CY2021 us-gaap Proceeds From Issuance Of Debt
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CY2020 us-gaap Proceeds From Issuance Of Debt
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CY2019 us-gaap Proceeds From Issuance Of Debt
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CY2021 us-gaap Payments Of Debt Issuance Costs
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CY2020 us-gaap Payments Of Debt Issuance Costs
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CY2019 us-gaap Payments Of Debt Issuance Costs
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CY2021 us-gaap Repayments Of Unsecured Debt
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CY2020 us-gaap Repayments Of Unsecured Debt
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CY2019 us-gaap Repayments Of Unsecured Debt
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CY2020Q1 us-gaap Restricted Cash And Cash Equivalents
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CY2019Q1 us-gaap Restricted Cash And Cash Equivalents
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CY2019 us-gaap Proceeds From Minority Shareholders
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CY2021Q1 m Unusual Or Infrequent Items Or Both Employer Portion Of Social Security Taxes
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CY2020 us-gaap Increase Decrease In Outstanding Checks Financing Activities
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CY2019 us-gaap Increase Decrease In Outstanding Checks Financing Activities
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CY2021 us-gaap Payments For Repurchase Of Common Stock
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CY2019 us-gaap Payments For Repurchase Of Common Stock
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CY2021 us-gaap Proceeds From Issuance Or Sale Of Equity
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CY2020 us-gaap Proceeds From Issuance Or Sale Of Equity
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CY2019 us-gaap Proceeds From Issuance Or Sale Of Equity
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CY2020 us-gaap Proceeds From Minority Shareholders
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CY2020 us-gaap Net Cash Provided By Used In Financing Activities
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CY2019 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2018Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021 us-gaap Interest Paid Net
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CY2019 us-gaap Interest Paid Net
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CY2020 us-gaap Proceeds From Interest Received
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CY2019 us-gaap Proceeds From Interest Received
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CY2021 us-gaap Income Taxes Paid Net
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CY2020 us-gaap Income Taxes Paid Net
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CY2019 us-gaap Income Taxes Paid Net
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CY2021Q1 us-gaap Restricted Cash And Cash Equivalents
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CY2021Q1 us-gaap Number Of States In Which Entity Operates
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CY2021 us-gaap Number Of Reportable Segments
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CY2021 m Macys Sales To Entire Company Sales
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CY2020 m Macys Sales To Entire Company Sales
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CY2019 m Macys Sales To Entire Company Sales
MacysSalesToEntireCompanySales
0.89
CY2021 m Percentage Of Digital Sales To Net Sales
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0.44
CY2020 m Percentage Of Digital Sales To Net Sales
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0.25
CY2019 m Percentage Of Digital Sales To Net Sales
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0.23
CY2021 us-gaap Fiscal Period
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<p style="margin-top:10pt;margin-bottom:0pt;text-indent:0%;;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Fiscal<span style="letter-spacing:-0.5pt;"> </span><span style="letter-spacing:-0.35pt;">Y</span><span style="letter-spacing:-0.3pt;">ear</span></p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.86%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The<span style="letter-spacing:-0.2pt;"> </span><span style="letter-spacing:-0.1pt;">Company’s</span><span style="letter-spacing:-0.15pt;"> </span>fiscal<span style="letter-spacing:-0.15pt;"> </span>year<span style="letter-spacing:-0.15pt;"> </span>ends<span style="letter-spacing:-0.15pt;"> </span>on<span style="letter-spacing:-0.15pt;"> </span>the<span style="letter-spacing:-0.15pt;"> </span>Saturday<span style="letter-spacing:-0.15pt;"> </span>closest<span style="letter-spacing:-0.15pt;"> </span>to<span style="letter-spacing:-0.15pt;"> </span>January<span style="letter-spacing:-0.2pt;"> </span>31.<span style="letter-spacing:-0.15pt;"> </span>Fiscal<span style="letter-spacing:-0.15pt;"> </span>years<span style="letter-spacing:-0.15pt;"> </span>2020,<span style="letter-spacing:-0.15pt;"> </span>2019<span style="letter-spacing:-0.15pt;"> </span>and<span style="letter-spacing:-0.15pt;"> </span>2018<span style="letter-spacing:-0.15pt;"> </span>ended<span style="letter-spacing:-0.15pt;"> </span>on<span style="letter-spacing:1.3pt;"> </span>January 30, 2021,<span style="letter-spacing:-0.15pt;"> </span>February 1, 2020<span style="letter-spacing:-0.15pt;"> </span>and<span style="letter-spacing:-0.15pt;"> </span>February 2, 2019,<span style="letter-spacing:-0.1pt;"> </span><span style="letter-spacing:-0.05pt;">respectively, and</span><span style="letter-spacing:-0.15pt;"> </span>included<span style="letter-spacing:-0.15pt;"> </span>52<span style="letter-spacing:-0.15pt;"> </span>weeks.<span style="letter-spacing:-0.25pt;"> </span>References<span style="letter-spacing:-0.2pt;"> </span>to<span style="letter-spacing:-0.25pt;"> </span>years<span style="letter-spacing:-0.2pt;"> </span>in<span style="letter-spacing:-0.2pt;"> </span>the<span style="letter-spacing:-0.25pt;"> </span>Consolidated<span style="letter-spacing:-0.2pt;"> </span>Financial<span style="letter-spacing:-0.25pt;"> </span>Statements<span style="letter-spacing:-0.2pt;"> </span>relate<span style="letter-spacing:-0.2pt;"> </span>to<span style="letter-spacing:-0.25pt;"> </span>fiscal<span style="letter-spacing:-0.2pt;"> </span>years rather<span style="letter-spacing:-0.35pt;"> </span>than<span style="letter-spacing:-0.35pt;"> </span>calendar<span style="letter-spacing:-0.3pt;"> </span>years.</p>
CY2021 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="margin-top:10pt;margin-bottom:0pt;text-indent:4.86%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Certain<span style="letter-spacing:-0.25pt;"> </span>reclassifications<span style="letter-spacing:-0.2pt;"> </span>were<span style="letter-spacing:-0.25pt;"> </span>made<span style="letter-spacing:-0.2pt;"> </span>to<span style="letter-spacing:-0.25pt;"> </span>prior<span style="letter-spacing:-0.2pt;"> </span>years'<span style="letter-spacing:-0.25pt;"> </span>amounts<span style="letter-spacing:-0.2pt;"> </span>to<span style="letter-spacing:-0.25pt;"> </span>conform<span style="letter-spacing:-0.2pt;"> </span>with<span style="letter-spacing:-0.2pt;"> </span>the<span style="letter-spacing:-0.25pt;"> </span>classifications<span style="letter-spacing:-0.2pt;"> </span>of<span style="letter-spacing:-0.25pt;"> </span>such<span style="letter-spacing:-0.2pt;"> </span>amounts<span style="letter-spacing:-0.25pt;"> </span>in<span style="letter-spacing:-0.2pt;"> </span>the most<span style="letter-spacing:-0.35pt;"> </span>recent<span style="letter-spacing:-0.35pt;"> </span>years.</p>
CY2021 us-gaap Use Of Estimates
UseOfEstimates
<p style="margin-top:10pt;margin-bottom:0pt;text-indent:0%;;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Use<span style="letter-spacing:-0.2pt;"> </span>of<span style="letter-spacing:-0.2pt;"> </span>Estimates</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.86%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The<span style="letter-spacing:-0.3pt;"> </span>preparation<span style="letter-spacing:-0.3pt;"> </span>of<span style="letter-spacing:-0.3pt;"> </span>financial<span style="letter-spacing:-0.3pt;"> </span>statements<span style="letter-spacing:-0.3pt;"> </span>in<span style="letter-spacing:-0.3pt;"> </span>conformity<span style="letter-spacing:-0.3pt;"> </span>with<span style="letter-spacing:-0.25pt;"> </span>accounting<span style="letter-spacing:-0.3pt;"> </span>principles<span style="letter-spacing:-0.3pt;"> </span>generally<span style="letter-spacing:-0.3pt;"> </span>accepted<span style="letter-spacing:-0.3pt;"> </span>in<span style="letter-spacing:-0.3pt;"> </span>the<span style="letter-spacing:-0.3pt;"> </span>United States<span style="letter-spacing:-0.25pt;"> </span>of<span style="letter-spacing:-0.8pt;"> </span>America<span style="letter-spacing:-0.25pt;"> </span>requires<span style="letter-spacing:-0.25pt;"> </span>management<span style="letter-spacing:-0.2pt;"> </span>to<span style="letter-spacing:-0.25pt;"> </span>make<span style="letter-spacing:-0.25pt;"> </span>estimates<span style="letter-spacing:-0.25pt;"> </span>and<span style="letter-spacing:-0.25pt;"> </span>assumptions<span style="letter-spacing:-0.25pt;"> </span>that<span style="letter-spacing:-0.2pt;"> </span><span style="letter-spacing:-0.05pt;">affect</span><span style="letter-spacing:-0.25pt;"> </span>the<span style="letter-spacing:-0.25pt;"> </span>reported<span style="letter-spacing:-0.25pt;"> </span>amounts<span style="letter-spacing:-0.25pt;"> </span>of<span style="letter-spacing:-0.2pt;"> </span>assets<span style="letter-spacing:-0.25pt;"> </span>and<span style="letter-spacing:1.1pt;"> </span>liabilities<span style="letter-spacing:-0.25pt;"> </span>and<span style="letter-spacing:-0.2pt;"> </span>disclosure<span style="letter-spacing:-0.25pt;"> </span>of<span style="letter-spacing:-0.25pt;"> </span>contingent<span style="letter-spacing:-0.2pt;"> </span>assets<span style="letter-spacing:-0.25pt;"> </span>and<span style="letter-spacing:-0.2pt;"> </span>liabilities<span style="letter-spacing:-0.25pt;"> </span>at<span style="letter-spacing:-0.2pt;"> </span>the<span style="letter-spacing:-0.25pt;"> </span>date<span style="letter-spacing:-0.2pt;"> </span>of<span style="letter-spacing:-0.25pt;"> </span>the<span style="letter-spacing:-0.2pt;"> </span>financial<span style="letter-spacing:-0.25pt;"> </span>statements<span style="letter-spacing:-0.2pt;"> </span>and<span style="letter-spacing:-0.25pt;"> </span>the<span style="letter-spacing:-0.2pt;"> </span>reported<span style="letter-spacing:-0.25pt;"> </span>amounts of<span style="letter-spacing:-0.3pt;"> </span>revenues<span style="letter-spacing:-0.25pt;"> </span>and<span style="letter-spacing:-0.25pt;"> </span>expenses<span style="letter-spacing:-0.3pt;"> </span>during<span style="letter-spacing:-0.25pt;"> </span>the<span style="letter-spacing:-0.25pt;"> </span>reporting<span style="letter-spacing:-0.3pt;"> </span>period.<span style="letter-spacing:-0.25pt;"> </span>Such<span style="letter-spacing:-0.25pt;"> </span>estimates<span style="letter-spacing:-0.3pt;"> </span>and<span style="letter-spacing:-0.25pt;"> </span>assumptions<span style="letter-spacing:-0.25pt;"> </span>are<span style="letter-spacing:-0.3pt;"> </span>subject<span style="letter-spacing:-0.25pt;"> </span>to<span style="letter-spacing:-0.25pt;"> </span>inherent<span style="letter-spacing:-0.25pt;"> </span>uncertainties, including the ultimate financial impact of the COVID-19 pandemic, which<span style="letter-spacing:-0.3pt;"> </span>may<span style="letter-spacing:-0.3pt;"> </span>result<span style="letter-spacing:-0.25pt;"> </span>in<span style="letter-spacing:-0.3pt;"> </span>actual<span style="letter-spacing:-0.3pt;"> </span>amounts<span style="letter-spacing:-0.25pt;"> </span><span style="letter-spacing:-0.05pt;">differing</span><span style="letter-spacing:-0.3pt;"> </span>from<span style="letter-spacing:-0.3pt;"> </span>reported<span style="letter-spacing:-0.25pt;"> </span>amounts.</p>
CY2020 m Advertisingexpenseasapercentofsales
Advertisingexpenseasapercentofsales
0.046
CY2019 m Advertisingexpenseasapercentofsales
Advertisingexpenseasapercentofsales
0.047
CY2021Q1 us-gaap Receivables Net Current
ReceivablesNetCurrent
276000000
CY2020Q1 us-gaap Receivables Net Current
ReceivablesNetCurrent
409000000
CY2021 m Gross Advertising And Promotional Costs
GrossAdvertisingAndPromotionalCosts
907000000
CY2020 m Gross Advertising And Promotional Costs
GrossAdvertisingAndPromotionalCosts
1330000000
CY2019 m Gross Advertising And Promotional Costs
GrossAdvertisingAndPromotionalCosts
1358000000
CY2021 us-gaap Cooperative Advertising Amount
CooperativeAdvertisingAmount
89000000
CY2020 us-gaap Cooperative Advertising Amount
CooperativeAdvertisingAmount
188000000
CY2019 us-gaap Cooperative Advertising Amount
CooperativeAdvertisingAmount
196000000
CY2021 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
818000000
CY2020 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
1142000000
CY2019 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
1162000000
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
17346000000
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
24560000000
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
24971000000
CY2021 m Advertisingexpenseasapercentofsales
Advertisingexpenseasapercentofsales
0.047
CY2019 m Number Of Closed Stores
NumberOfClosedStores
10
CY2018 us-gaap Restructuring Charges
RestructuringCharges
80000000
CY2020Q2 m Unusual Or Infrequent Items Or Both Comprehensive Financing Activities
UnusualOrInfrequentItemsOrBothComprehensiveFinancingActivities
4500000000
CY2020Q3 m Notes Subject To Exchange And Consent Offer
NotesSubjectToExchangeAndConsentOffer
465000000
CY2020Q2 m Unusualor Infrequent Itemsor Both Corporateand Management Headcount Reduction
UnusualorInfrequentItemsorBothCorporateandManagementHeadcountReduction
3900
CY2020Q3 m Unusualor Infrequent Itemsor Both Restructuring Expense
UnusualorInfrequentItemsorBothRestructuringExpense
154000000
CY2021 m Unusualor Infrequent Itemsor Both Tax Carryback Rate
UnusualorInfrequentItemsorBothTaxCarrybackRate
0.35
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2021Q1 m Unusualor Infrequent Itemsor Both Income Tax Receivable
UnusualorInfrequentItemsorBothIncomeTaxReceivable
520000000
CY2021 m Unusualor Infrequent Itemsor Both Employee Retention Payroll Tax Credits
UnusualorInfrequentItemsorBothEmployeeRetentionPayrollTaxCredits
60000000
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
17346000000
CY2021Q1 us-gaap Contract With Customer Refund Liability
ContractWithCustomerRefundLiability
159000000
CY2021Q1 us-gaap Contract With Customer Right To Recover Product
ContractWithCustomerRightToRecoverProduct
103000000
CY2020Q1 us-gaap Contract With Customer Right To Recover Product
ContractWithCustomerRightToRecoverProduct
147000000
CY2021Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
616000000
CY2020Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
839000000
CY2021 us-gaap Contract With Customer Liability Cumulative Catch Up Adjustment To Revenue Change In Estimate Of Transaction Price
ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToRevenueChangeInEstimateOfTransactionPrice
30000000
CY2019 us-gaap Contract With Customer Liability Cumulative Catch Up Adjustment To Revenue Change In Estimate Of Transaction Price
ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToRevenueChangeInEstimateOfTransactionPrice
40000000
CY2018Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
906000000
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
262000000
CY2020 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
554000000
CY2019 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
570000000
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
485000000
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
571000000
CY2019 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
620000000
CY2021Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
616000000
CY2021 m Net Earnings From Credit Operations
NetEarningsFromCreditOperations
751000000
CY2020 m Net Earnings From Credit Operations
NetEarningsFromCreditOperations
771000000
CY2019 m Net Earnings From Credit Operations
NetEarningsFromCreditOperations
768000000
CY2021 m Amount Received Under Agreement
AmountReceivedUnderAgreement
882000000
CY2020 m Amount Received Under Agreement
AmountReceivedUnderAgreement
985000000
CY2019 m Amount Received Under Agreement
AmountReceivedUnderAgreement
966000000
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
3280000000
CY2020 us-gaap Asset Impairment Charges
AssetImpairmentCharges
197000000
CY2019 us-gaap Asset Impairment Charges
AssetImpairmentCharges
64000000
CY2021 us-gaap Restructuring Charges
RestructuringCharges
224000000
CY2020 us-gaap Restructuring Charges
RestructuringCharges
123000000
CY2019 us-gaap Restructuring Charges
RestructuringCharges
80000000
CY2020Q1 m Operating Lease Liability Non Lease Component Non Current
OperatingLeaseLiabilityNonLeaseComponentNonCurrent
397000000
CY2021 us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
75000000
CY2020 us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
34000000
CY2019 us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
-8000000
CY2021 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
3579000000
CY2020 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
354000000
CY2019 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
136000000
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
3280000000
CY2021 m Unusualor Infrequent Itemsor Both Goodwill Impairment
UnusualorInfrequentItemsorBothGoodwillImpairment
3080000000
CY2021 m Unusual Or Infrequent Items Or Both Tangible Asset Impairment
UnusualOrInfrequentItemsOrBothTangibleAssetImpairment
200000000
CY2020Q3 m Unusualor Infrequent Itemsor Both Restructuring Expense
UnusualorInfrequentItemsorBothRestructuringExpense
154000000
CY2020Q1 m Numberof Storestobe Closed
NumberofStorestobeClosed
125
CY2021 m Number Of Closed Stores
NumberOfClosedStores
37
CY2020 m Number Of Closed Stores
NumberOfClosedStores
30
CY2021Q1 us-gaap Land
Land
1390000000
CY2020Q1 us-gaap Land
Land
1436000000
CY2021Q1 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
4032000000
CY2020Q1 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
4402000000
CY2021Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
10340000000
CY2020Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
11025000000
CY2021Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4400000000
CY2020Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4392000000
CY2021Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5940000000
CY2020Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
6633000000
CY2021Q1 us-gaap Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
P15Y
CY2021Q1 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
12000000
CY2020Q1 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
13000000
CY2021Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2866000000
CY2020Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2655000000
CY2021Q1 m Entire Right Of Use Asset
EntireRightOfUseAsset
2878000000
CY2020Q1 m Entire Right Of Use Asset
EntireRightOfUseAsset
2668000000
CY2021Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
2000000
CY2020Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
2000000
CY2021Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
198000000
CY2020Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
331000000
CY2021Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
19000000
CY2020Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
21000000
CY2020Q1 m Operating Lease Liability Non Lease Component Current
OperatingLeaseLiabilityNonLeaseComponentCurrent
36000000
CY2021Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
3166000000
CY2020Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2897000000
CY2021Q1 m Entire Lease Liability
EntireLeaseLiability
3385000000
CY2020Q1 m Entire Lease Liability
EntireLeaseLiability
3251000000
CY2021Q1 m Accumulated Amortization Finance Leases
AccumulatedAmortizationFinanceLeases
13000000
CY2020Q1 m Accumulated Amortization Finance Leases
AccumulatedAmortizationFinanceLeases
12000000
CY2021Q1 m Finance Lease Liabilitynonleasecomponentnoncurrent
FinanceLeaseLiabilitynonleasecomponentnoncurrent
2000000
CY2020Q1 m Finance Lease Liabilitynonleasecomponentnoncurrent
FinanceLeaseLiabilitynonleasecomponentnoncurrent
2000000
CY2021Q1 m Finance Lease Asset Non Lease Component
FinanceLeaseAssetNonLeaseComponent
2000000
CY2020Q1 m Finance Lease Asset Non Lease Component
FinanceLeaseAssetNonLeaseComponent
2000000
CY2021Q1 m Operating Lease Asset Non Lease Component
OperatingLeaseAssetNonLeaseComponent
383000000
CY2021Q1 m Operating Lease Liability Non Lease Component Current
OperatingLeaseLiabilityNonLeaseComponentCurrent
35000000
CY2021Q1 m Operating Lease Liability Non Lease Component Non Current
OperatingLeaseLiabilityNonLeaseComponentNonCurrent
384000000
CY2020Q1 m Operating Lease Asset Non Lease Component
OperatingLeaseAssetNonLeaseComponent
403000000
CY2021 m Operating Lease Expense Non Lease Component
OperatingLeaseExpenseNonLeaseComponent
87000000
CY2020 m Operating Lease Expense Non Lease Component
OperatingLeaseExpenseNonLeaseComponent
83000000
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
376000000
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
364000000
CY2019 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
317000000
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
45000000
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
54000000
CY2019 us-gaap Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
11000000
CY2021 us-gaap Operating Lease Expense
OperatingLeaseExpense
421000000
CY2020 us-gaap Operating Lease Expense
OperatingLeaseExpense
418000000
CY2019 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
328000000
CY2021 us-gaap Sublease Income
SubleaseIncome
1000000
CY2020 us-gaap Sublease Income
SubleaseIncome
2000000
CY2019 us-gaap Operating Leases Income Statement Sublease Revenue
OperatingLeasesIncomeStatementSubleaseRevenue
1000000
CY2021 us-gaap Lease Cost
LeaseCost
420000000
CY2020 us-gaap Lease Cost
LeaseCost
416000000
CY2019 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
327000000
CY2021 m Lease And Rental Expense Personal Property
LeaseAndRentalExpensePersonalProperty
7000000
CY2020 m Lease And Rental Expense Personal Property
LeaseAndRentalExpensePersonalProperty
8000000
CY2019 m Lease And Rental Expense Personal Property
LeaseAndRentalExpensePersonalProperty
9000000
CY2021Q1 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
3000000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
239000000
CY2021Q1 m Lease Liability Payments Due Next Twelve Months
LeaseLiabilityPaymentsDueNextTwelveMonths
242000000
CY2021Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
3000000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
350000000
CY2021Q1 m Lease Liability Payments Due Year Two
LeaseLiabilityPaymentsDueYearTwo
353000000
CY2021Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
3000000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
344000000
CY2021Q1 m Lease Liability Payments Due Year Three
LeaseLiabilityPaymentsDueYearThree
347000000
CY2021Q1 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
3000000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
334000000
CY2021Q1 m Lease Liability Payments Due Year Four
LeaseLiabilityPaymentsDueYearFour
337000000
CY2021Q1 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
3000000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
329000000
CY2021Q1 m Lease Liability Payments Due Year Five
LeaseLiabilityPaymentsDueYearFive
332000000
CY2021Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0670
CY2020Q1 m Indefinite Lived Intangible Assets Net
IndefiniteLivedIntangibleAssetsNet
4311000000
CY2021Q1 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
491000000
CY2021Q1 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
16000000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
5443000000
CY2021Q1 m Lease Liability Payments Due After Year Five
LeaseLiabilityPaymentsDueAfterYearFive
5459000000
CY2021Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
31000000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
7039000000
CY2021Q1 m Lease Liability Payments Due
LeaseLiabilityPaymentsDue
7070000000
CY2021Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
10000000
CY2021Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
3675000000
CY2021Q1 m Lease Liability Undiscounted Excess Amount
LeaseLiabilityUndiscountedExcessAmount
3685000000
CY2021Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
21000000
CY2021Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
3364000000
CY2021Q1 m Entire Lease Liability
EntireLeaseLiability
3385000000
CY2021Q1 m Lessee Operating Lease Optionto Extend Reasonably Certain
LesseeOperatingLeaseOptiontoExtendReasonablyCertain
3063000000
CY2021Q1 m Lessee Operating Lease Lease Not Yet Commenced Liability Incurred
LesseeOperatingLeaseLeaseNotYetCommencedLiabilityIncurred
2000000
CY2021Q1 m Operating Lease Payment Non Lease Component
OperatingLeasePaymentNonLeaseComponent
1151000000
CY2021Q1 m Operating Lease Payment Non Lease Component Optionto Extend Reasonably Certain
OperatingLeasePaymentNonLeaseComponentOptiontoExtendReasonablyCertain
840000000
CY2020Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0669
CY2021Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0632
CY2020Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0653
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
521000000
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
363000000
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
4000000
CY2020 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
2000000
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
430000000
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
216000000
CY2021Q1 us-gaap Goodwill Gross
GoodwillGross
9290000000
CY2020Q1 us-gaap Goodwill Gross
GoodwillGross
9290000000
CY2021Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
8462000000
CY2020Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
5382000000
CY2021Q1 us-gaap Goodwill
Goodwill
828000000
CY2020Q1 us-gaap Goodwill
Goodwill
3908000000
CY2021Q1 us-gaap Indefinite Lived Trademarks
IndefiniteLivedTrademarks
403000000
CY2020Q1 us-gaap Indefinite Lived Trademarks
IndefiniteLivedTrademarks
403000000
CY2021Q1 m Indefinite Lived Intangible Assets Net
IndefiniteLivedIntangibleAssetsNet
1231000000
CY2021Q1 us-gaap Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
5000000
CY2020Q1 us-gaap Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
5000000
CY2021Q1 us-gaap Finite Lived Trademarks Gross
FiniteLivedTrademarksGross
43000000
CY2020Q1 us-gaap Finite Lived Trademarks Gross
FiniteLivedTrademarksGross
43000000
CY2021Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
48000000
CY2020Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
48000000
CY2021Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
14000000
CY2020Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
12000000
CY2021Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
34000000
CY2020Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
36000000
CY2021Q1 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
1136000000
CY2020Q1 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
1262000000
CY2021Q1 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
645000000
CY2020Q1 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
620000000
CY2021 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
23000000
CY2020Q1 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
642000000
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2000000
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3000000
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10000000
CY2021 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
268000000
CY2020 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
285000000
CY2019 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
296000000
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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2000000
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