2017 Q2 Form 10-Q Financial Statement
#000162828017008302 Filed on August 08, 2017
Income Statement
Concept | 2017 Q2 | 2016 Q2 |
---|---|---|
Revenue | $5.211B | $3.902B |
YoY Change | 33.55% | 5.77% |
Cost Of Revenue | $4.141B | $3.315B |
YoY Change | 24.92% | 5.71% |
Gross Profit | $1.070B | $587.0M |
YoY Change | 82.28% | 6.15% |
Gross Profit Margin | 20.53% | 15.04% |
Selling, General & Admin | $234.0M | $168.0M |
YoY Change | 39.29% | 10.53% |
% of Gross Profit | 21.87% | 28.62% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $83.00M | $30.00M |
YoY Change | 176.67% | -6.25% |
% of Gross Profit | 7.76% | 5.11% |
Operating Expenses | $305.0M | $198.0M |
YoY Change | 54.04% | 7.61% |
Operating Profit | $744.0M | $389.0M |
YoY Change | 91.26% | 5.42% |
Interest Expense | $73.00M | $57.00M |
YoY Change | 28.07% | 35.71% |
% of Operating Profit | 9.81% | 14.65% |
Other Income/Expense, Net | $25.00M | $0.00 |
YoY Change | -100.0% | |
Pretax Income | $716.0M | $344.0M |
YoY Change | 108.14% | -3.1% |
Income Tax | $227.0M | $97.00M |
% Of Pretax Income | 31.7% | 28.2% |
Net Earnings | $489.0M | $247.0M |
YoY Change | 97.98% | 2.92% |
Net Earnings / Revenue | 9.38% | 6.33% |
Basic Earnings Per Share | $1.29 | $0.97 |
Diluted Earnings Per Share | $1.28 | $0.96 |
COMMON SHARES | ||
Basic Shares Outstanding | 378.5M shares | 254.3M shares |
Diluted Shares Outstanding | 383.0M shares | 258.0M shares |
Balance Sheet
Concept | 2017 Q2 | 2016 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $498.0M | $679.0M |
YoY Change | -26.66% | 385.0% |
Cash & Equivalents | $498.0M | $679.0M |
Short-Term Investments | ||
Other Short-Term Assets | $528.0M | $26.00M |
YoY Change | 1930.77% | -53.57% |
Inventory | ||
Prepaid Expenses | $71.00M | |
Receivables | $1.804B | $1.152B |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $2.830B | $1.959B |
YoY Change | 44.46% | 2.78% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $2.102B | $1.056B |
YoY Change | 99.05% | 6.99% |
Goodwill | $8.582B | $947.0M |
YoY Change | 806.23% | -1.56% |
Intangibles | $1.473B | |
YoY Change | 1.45% | |
Long-Term Investments | $762.0M | $179.0M |
YoY Change | 325.7% | -17.13% |
Other Assets | $442.0M | $223.0M |
YoY Change | 98.21% | -9.72% |
Total Long-Term Assets | $21.05B | $4.691B |
YoY Change | 348.75% | 6.25% |
TOTAL ASSETS | ||
Total Short-Term Assets | $2.830B | $1.959B |
Total Long-Term Assets | $21.05B | $4.691B |
Total Assets | $23.88B | $6.650B |
YoY Change | 259.11% | 5.2% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $650.0M | $621.0M |
YoY Change | 4.67% | -2.97% |
Accrued Expenses | $2.363B | $1.328B |
YoY Change | 77.94% | -7.13% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $402.0M | $303.0M |
YoY Change | 32.67% | -50.65% |
Total Short-Term Liabilities | $5.363B | $3.244B |
YoY Change | 65.32% | -7.76% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $7.911B | $4.057B |
YoY Change | 95.0% | 22.83% |
Other Long-Term Liabilities | $1.911B | $1.091B |
YoY Change | 75.16% | 17.69% |
Total Long-Term Liabilities | $1.911B | $1.091B |
YoY Change | 75.16% | 17.69% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $5.363B | $3.244B |
Total Long-Term Liabilities | $1.911B | $1.091B |
Total Liabilities | $7.274B | $4.335B |
YoY Change | 67.8% | -2.45% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $7.040B | $5.185B |
YoY Change | 35.78% | 13.38% |
Common Stock | $5.717B | $2.792B |
YoY Change | 104.76% | 0.22% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $7.700B | $11.27B |
YoY Change | -31.65% | 9.34% |
Treasury Stock Shares | ||
Shareholders Equity | $4.901B | -$3.462B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $23.88B | $6.650B |
YoY Change | 259.11% | 5.2% |
Cashflow Statement
Concept | 2017 Q2 | 2016 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $489.0M | $247.0M |
YoY Change | 97.98% | 2.92% |
Depreciation, Depletion And Amortization | $83.00M | $30.00M |
YoY Change | 176.67% | -6.25% |
Cash From Operating Activities | $724.0M | $468.0M |
YoY Change | 54.7% | -4.49% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$56.00M | -$36.00M |
YoY Change | 55.56% | -57.14% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $136.0M | $28.00M |
YoY Change | 385.71% | -93.89% |
Cash From Investing Activities | $80.00M | -$8.000M |
YoY Change | -1100.0% | -102.14% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -1.058B | 120.0M |
YoY Change | -981.67% | -114.22% |
NET CHANGE | ||
Cash From Operating Activities | 724.0M | 468.0M |
Cash From Investing Activities | 80.00M | -8.000M |
Cash From Financing Activities | -1.058B | 120.0M |
Net Change In Cash | -254.0M | 580.0M |
YoY Change | -143.79% | 2800.0% |
FREE CASH FLOW | ||
Cash From Operating Activities | $724.0M | $468.0M |
Capital Expenditures | -$56.00M | -$36.00M |
Free Cash Flow | $780.0M | $504.0M |
YoY Change | 54.76% | -12.2% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2017Q2 | mar |
Business Combination Acquisition And Integration Related Costs
BusinessCombinationAcquisitionAndIntegrationRelatedCosts
|
21000000 | USD |
mar |
Business Combination Acquisition And Integration Related Costs
BusinessCombinationAcquisitionAndIntegrationRelatedCosts
|
72000000 | USD | |
mar |
Business Combination Acquisition And Integration Related Costs
BusinessCombinationAcquisitionAndIntegrationRelatedCosts
|
22000000 | USD | |
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2017 | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2017-06-30 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
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Entity Central Index Key
EntityCentralIndexKey
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0001048286 | ||
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Entity Common Stock Shares Outstanding
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dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | ||
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Entity Registrant Name
EntityRegistrantName
|
MARRIOTT INTERNATIONAL INC /MD/ | ||
dei |
Trading Symbol
TradingSymbol
|
MAR | ||
CY2016Q2 | mar |
Business Combination Acquisition And Integration Related Costs
BusinessCombinationAcquisitionAndIntegrationRelatedCosts
|
14000000 | USD |
CY2016Q2 | mar |
Depreciation Amortization And Other
DepreciationAmortizationAndOther
|
30000000 | USD |
mar |
Depreciation Amortization And Other
DepreciationAmortizationAndOther
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61000000 | USD | |
CY2017Q2 | mar |
Depreciation Amortization And Other
DepreciationAmortizationAndOther
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85000000 | USD |
mar |
Depreciation Amortization And Other
DepreciationAmortizationAndOther
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150000000 | USD | |
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Increase Decrease In Working Capital
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|
19000000 | USD | |
mar |
Increase Decrease In Working Capital
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-6000000 | USD | |
CY2016Q2 | mar |
Management Feesand Franchise Revenue
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mar |
Management Feesand Franchise Revenue
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Management Feesand Franchise Revenue
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mar |
Management Feesand Franchise Revenue
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1631000000 | USD | |
mar |
Noncash Income Tax Expense
NoncashIncomeTaxExpense
|
61000000 | USD | |
mar |
Noncash Income Tax Expense
NoncashIncomeTaxExpense
|
96000000 | USD | |
mar |
Other Comprehensive Income Loss Foreign Currency Translation And Translation Gain Loss Before Reclassification And Tax Intra Entity Foreign Currency Transactions Long Term Investment Nature
OtherComprehensiveIncomeLossForeignCurrencyTranslationAndTranslationGainLossBeforeReclassificationAndTaxIntraEntityForeignCurrencyTransactionsLongTermInvestmentNature
|
-3000000 | USD | |
mar |
Other Comprehensive Income Loss Foreign Currency Translation And Translation Gain Loss Before Reclassification And Tax Intra Entity Foreign Currency Transactions Long Term Investment Nature
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|
-106000000 | USD | |
mar |
Payments For Loan Advances
PaymentsForLoanAdvances
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24000000 | USD | |
mar |
Payments For Loan Advances
PaymentsForLoanAdvances
|
48000000 | USD | |
mar |
Proceeds From Repayments Of Commercial Paper And Long Term Lines Of Credit
ProceedsFromRepaymentsOfCommercialPaperAndLongTermLinesOfCredit
|
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mar |
Proceeds From Repayments Of Commercial Paper And Long Term Lines Of Credit
ProceedsFromRepaymentsOfCommercialPaperAndLongTermLinesOfCredit
|
105000000 | USD | |
CY2016Q2 | mar |
Revenue From Leased And Owned Hotels Including Operating Lease Income
RevenueFromLeasedAndOwnedHotelsIncludingOperatingLeaseIncome
|
207000000 | USD |
mar |
Revenue From Leased And Owned Hotels Including Operating Lease Income
RevenueFromLeasedAndOwnedHotelsIncludingOperatingLeaseIncome
|
411000000 | USD | |
CY2017Q2 | mar |
Revenue From Leased And Owned Hotels Including Operating Lease Income
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458000000 | USD |
mar |
Revenue From Leased And Owned Hotels Including Operating Lease Income
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|
897000000 | USD | |
mar |
Stock Issued During Period Shares Employee Stock And Cash Incentive Plan
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Accounts Notes And Loans Receivable Net Current
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Accounts Notes And Loans Receivable Net Current
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1804000000 | USD |
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Accounts Payable Trade Current
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687000000 | USD |
CY2017Q2 | us-gaap |
Accounts Payable Trade Current
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650000000 | USD |
CY2016Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
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CY2017Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
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CY2016Q4 | us-gaap |
Additional Paid In Capital Common Stock
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CY2017Q2 | us-gaap |
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Allocated Share Based Compensation Expense
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us-gaap |
Allocated Share Based Compensation Expense
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Assets
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Assets
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Assets Current
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Allocated Share Based Compensation Expense
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Assets Current
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Assets Of Disposal Group Including Discontinued Operation Current
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Assets Of Disposal Group Including Discontinued Operation Current
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Capital Lease Obligations
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Capital Lease Obligations
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Cash And Cash Equivalents At Carrying Value
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Cash And Cash Equivalents At Carrying Value
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679000000 | USD |
CY2016Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
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CY2017Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
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498000000 | USD |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
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Cash And Cash Equivalents Period Increase Decrease
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Common Stock Dividends Per Share Cash Paid
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0.63 | ||
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Common Stock Dividends Per Share Declared
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0.30 | |
us-gaap |
Common Stock Dividends Per Share Declared
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0.55 | ||
CY2017Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
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0.33 | |
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.63 | ||
CY2016Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
386100000 | shares |
CY2017Q2 | us-gaap |
Common Stock Shares Outstanding
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Common Stock Value
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CY2017Q2 | us-gaap |
Common Stock Value
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Comprehensive Income Net Of Tax
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251000000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
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489000000 | USD | |
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Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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570000000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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1120000000 | USD | |
CY2016Q2 | us-gaap |
Cost Of Reimbursable Expense
CostOfReimbursableExpense
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us-gaap |
Cost Of Reimbursable Expense
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6187000000 | USD | |
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Cost Of Reimbursable Expense
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us-gaap |
Cost Of Reimbursable Expense
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Costs And Expenses
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Costs And Expenses
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Costs And Expenses
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Costs And Expenses
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Customer Loyalty Program Liability Current
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CY2017Q2 | us-gaap |
Customer Loyalty Program Liability Current
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1948000000 | USD |
CY2016Q4 | us-gaap |
Customer Loyalty Program Liability Noncurrent
CustomerLoyaltyProgramLiabilityNoncurrent
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2675000000 | USD |
CY2017Q2 | us-gaap |
Customer Loyalty Program Liability Noncurrent
CustomerLoyaltyProgramLiabilityNoncurrent
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2801000000 | USD |
CY2016Q4 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
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CY2017Q2 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
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CY2016Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
116000000 | USD |
CY2017Q2 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
119000000 | USD |
CY2016Q4 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
1020000000 | USD |
CY2017Q2 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
994000000 | USD |
CY2016Q2 | us-gaap |
Direct Costs Of Hotels
DirectCostsOfHotels
|
173000000 | USD |
us-gaap |
Direct Costs Of Hotels
DirectCostsOfHotels
|
339000000 | USD | |
CY2017Q2 | us-gaap |
Direct Costs Of Hotels
DirectCostsOfHotels
|
355000000 | USD |
us-gaap |
Direct Costs Of Hotels
DirectCostsOfHotels
|
713000000 | USD | |
us-gaap |
Dividends Cash
DividendsCash
|
240000000 | USD | |
CY2016Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.97 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.83 | ||
CY2017Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.09 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.04 | ||
CY2016Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.96 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.80 | ||
CY2017Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.08 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.02 | ||
CY2016Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
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|
0.283 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.305 | ||
CY2017Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
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|
0.300 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
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|
0.276 | ||
CY2016Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
1174000000 | USD |
CY2017Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
1054000000 | USD |
CY2016Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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|
192000000 | USD |
CY2017Q2 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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|
254000000 | USD |
CY2016Q2 | us-gaap |
Franchise Revenue
FranchiseRevenue
|
273000000 | USD |
us-gaap |
Franchise Revenue
FranchiseRevenue
|
523000000 | USD | |
CY2017Q2 | us-gaap |
Franchise Revenue
FranchiseRevenue
|
416000000 | USD |
us-gaap |
Franchise Revenue
FranchiseRevenue
|
781000000 | USD | |
CY2016Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
154000000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
309000000 | USD | |
CY2017Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
226000000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
436000000 | USD | |
CY2016Q4 | us-gaap |
Goodwill
Goodwill
|
7598000000 | USD |
CY2017Q2 | us-gaap |
Goodwill
Goodwill
|
8582000000 | USD |
us-gaap |
Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
|
114000000 | USD | |
CY2016Q4 | us-gaap |
Goodwill Gross
GoodwillGross
|
7652000000 | USD |
CY2017Q2 | us-gaap |
Goodwill Gross
GoodwillGross
|
8636000000 | USD |
CY2016Q4 | us-gaap |
Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
|
54000000 | USD |
CY2017Q2 | us-gaap |
Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
|
54000000 | USD |
us-gaap |
Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
|
870000000 | USD | |
CY2017Q2 | us-gaap |
Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
|
59000000 | USD |
CY2017Q2 | us-gaap |
Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
|
263000000 | USD |
CY2016Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
344000000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
670000000 | USD | |
CY2017Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
592000000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1077000000 | USD | |
CY2016Q2 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
5000000 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
5000000 | USD | |
CY2017Q2 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
12000000 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
23000000 | USD | |
CY2016Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
97000000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
204000000 | USD | |
CY2017Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
178000000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
298000000 | USD | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
128000000 | USD | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
201000000 | USD | |
us-gaap |
Increase Decrease In Customer Loyalty Program Liability
IncreaseDecreaseInCustomerLoyaltyProgramLiability
|
131000000 | USD | |
us-gaap |
Increase Decrease In Customer Loyalty Program Liability
IncreaseDecreaseInCustomerLoyaltyProgramLiability
|
204000000 | USD | |
CY2016Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
3700000 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
4400000 | shares | |
CY2017Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
4500000 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
4800000 | shares | |
CY2016Q4 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
16868000000 | USD |
CY2017Q2 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
17351000000 | USD |
CY2016Q2 | us-gaap |
Interest Expense
InterestExpense
|
57000000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
104000000 | USD | |
CY2017Q2 | us-gaap |
Interest Expense
InterestExpense
|
73000000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
143000000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
65000000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
123000000 | USD | |
CY2016Q2 | us-gaap |
Interest Revenue Expense Net
InterestRevenueExpenseNet
|
-50000000 | USD |
us-gaap |
Interest Revenue Expense Net
InterestRevenueExpenseNet
|
-91000000 | USD | |
CY2017Q2 | us-gaap |
Interest Revenue Expense Net
InterestRevenueExpenseNet
|
-65000000 | USD |
us-gaap |
Interest Revenue Expense Net
InterestRevenueExpenseNet
|
-128000000 | USD | |
CY2016Q2 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
7000000 | USD |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
13000000 | USD | |
CY2017Q2 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
8000000 | USD |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
15000000 | USD | |
CY2016Q4 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
728000000 | USD |
CY2017Q2 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
762000000 | USD |
CY2016Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
24140000000 | USD |
CY2017Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
23881000000 | USD |
CY2016Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
5147000000 | USD |
CY2017Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
5363000000 | USD |
CY2016Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
0 | USD |
CY2017Q2 | us-gaap |
Line Of Credit
LineOfCredit
|
0 | USD |
CY2017Q2 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
4000000000 | USD |
CY2016Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
8197000000 | USD |
CY2017Q2 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
7911000000 | USD |
CY2016Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
309000000 | USD |
CY2017Q2 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
402000000 | USD |
CY2016Q2 | us-gaap |
Management Fees Base Revenue
ManagementFeesBaseRevenue
|
186000000 | USD |
us-gaap |
Management Fees Base Revenue
ManagementFeesBaseRevenue
|
358000000 | USD | |
CY2017Q2 | us-gaap |
Management Fees Base Revenue
ManagementFeesBaseRevenue
|
285000000 | USD |
us-gaap |
Management Fees Base Revenue
ManagementFeesBaseRevenue
|
549000000 | USD | |
CY2016Q2 | us-gaap |
Management Fees Incentive Revenue
ManagementFeesIncentiveRevenue
|
94000000 | USD |
us-gaap |
Management Fees Incentive Revenue
ManagementFeesIncentiveRevenue
|
195000000 | USD | |
CY2017Q2 | us-gaap |
Management Fees Incentive Revenue
ManagementFeesIncentiveRevenue
|
148000000 | USD |
us-gaap |
Management Fees Incentive Revenue
ManagementFeesIncentiveRevenue
|
301000000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-207000000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-1895000000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-72000000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
233000000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
862000000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
1302000000 | USD | |
CY2016Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
247000000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
466000000 | USD | |
CY2017Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
414000000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
779000000 | USD | |
us-gaap |
Noncash Merger Related Costs
NoncashMergerRelatedCosts
|
0 | USD | |
us-gaap |
Noncash Merger Related Costs
NoncashMergerRelatedCosts
|
-98000000 | USD | |
CY2016Q4 | us-gaap |
Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
|
245000000 | USD |
CY2017Q2 | us-gaap |
Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
|
275000000 | USD |
us-gaap |
Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
|
21000000 | USD | |
us-gaap |
Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
|
340000000 | USD | |
CY2016Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
389000000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
756000000 | USD | |
CY2017Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
620000000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1157000000 | USD | |
CY2016Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
477000000 | USD |
CY2017Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
442000000 | USD |
CY2016Q2 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
-1000000 | USD |
us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
0 | USD | |
CY2017Q2 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
-1000000 | USD |
us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
-2000000 | USD | |
CY2016Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
3000000 | USD |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
25000000 | USD | |
CY2017Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
162000000 | USD |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
350000000 | USD | |
CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
4000000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
23000000 | USD | |
CY2017Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
156000000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
341000000 | USD | |
CY2016Q2 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
1000000 | USD |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-4000000 | USD | |
CY2017Q2 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-6000000 | USD |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-8000000 | USD | |
CY2016Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
1111000000 | USD |
CY2017Q2 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
1309000000 | USD |
CY2016Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
1744000000 | USD |
CY2017Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
1911000000 | USD |
CY2016Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
0 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
0 | USD | |
CY2017Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
25000000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
25000000 | USD | |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
65000000 | USD | |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
82000000 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-12000000 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
16000000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
249000000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
1328000000 | USD | |
us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
91000000 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
140000000 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
240000000 | USD | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
37000000 | USD | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
91000000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
78000000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
104000000 | USD | |
CY2016Q4 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
230000000 | USD |
CY2017Q2 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
243000000 | USD |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
16000000 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
3000000 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
1483000000 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
1000000 | USD | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-82000000 | USD | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-135000000 | USD | |
us-gaap |
Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
|
2000000 | USD | |
us-gaap |
Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
|
10000000 | USD | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
53000000 | USD | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
482000000 | USD | |
CY2016Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2335000000 | USD |
CY2017Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2102000000 | USD |
CY2016Q2 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-1000000 | USD |
us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-2000000 | USD | |
CY2017Q2 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-1000000 | USD |
us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-1000000 | USD | |
us-gaap |
Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
|
-2000000 | USD | |
us-gaap |
Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
|
-1000000 | USD | |
CY2016Q2 | us-gaap |
Reimbursement Revenue
ReimbursementRevenue
|
3142000000 | USD |
us-gaap |
Reimbursement Revenue
ReimbursementRevenue
|
6187000000 | USD | |
CY2017Q2 | us-gaap |
Reimbursement Revenue
ReimbursementRevenue
|
4488000000 | USD |
us-gaap |
Reimbursement Revenue
ReimbursementRevenue
|
8828000000 | USD | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
294000000 | USD | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
301000000 | USD | |
us-gaap |
Restructuring Charges
RestructuringCharges
|
0 | USD | |
CY2016Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
192000000 | USD |
CY2017Q2 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
97000000 | USD |
us-gaap |
Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
|
-4000000 | USD | |
CY2016Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
6501000000 | USD |
CY2017Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
7040000000 | USD |
CY2016Q2 | us-gaap |
Revenues
Revenues
|
3902000000 | USD |
us-gaap |
Revenues
Revenues
|
7674000000 | USD | |
CY2017Q2 | us-gaap |
Revenues
Revenues
|
5795000000 | USD |
us-gaap |
Revenues
Revenues
|
11356000000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
59000000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
95000000 | USD | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
-36000000 | USD | |
CY2016Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
5357000000 | USD |
CY2017Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
4901000000 | USD |
us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
14000000 | shares | |
CY2016Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
6460000000 | USD |
CY2017Q2 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
7700000000 | USD |
us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
1300000000 | USD | |
us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions
|
20000000 | USD | |
us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
|
15000000 | USD | |
CY2017Q2 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsIncreasesResultingFromSettlementsWithTaxingAuthorities
|
12000000 | USD |
us-gaap |
Unrecognized Tax Benefits Increases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsIncreasesResultingFromSettlementsWithTaxingAuthorities
|
12000000 | USD | |
us-gaap |
Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
|
9000000 | USD | |
CY2016Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
258000000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
258700000 | shares | |
CY2017Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
383000000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
386500000 | shares | |
CY2016Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
254300000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
254300000 | shares | |
CY2017Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
378500000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
381700000 | shares |