2024 Q2 Form 10-Q Financial Statement
#000162828024019494 Filed on May 01, 2024
Income Statement
| Concept | 2024 Q2 | 2024 Q1 | 2023 Q1 |
|---|---|---|---|
| Revenue | $6.439B | $5.977B | $5.615B |
| YoY Change | 5.99% | 6.45% | 33.72% |
| Cost Of Revenue | $4.941B | $4.787B | $4.417B |
| YoY Change | 6.19% | 8.38% | 30.84% |
| Gross Profit | $1.498B | $1.190B | $1.198B |
| YoY Change | 5.34% | -0.67% | 45.57% |
| Gross Profit Margin | 23.26% | 19.91% | 21.34% |
| Selling, General & Admin | $248.0M | $261.0M | $202.0M |
| YoY Change | 3.33% | 29.21% | -2.88% |
| % of Gross Profit | 16.56% | 21.93% | 16.86% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $74.00M | $68.00M | $65.00M |
| YoY Change | 5.71% | 4.62% | -9.72% |
| % of Gross Profit | 4.94% | 5.71% | 5.43% |
| Operating Expenses | $295.0M | $306.0M | $246.0M |
| YoY Change | 2.43% | 24.39% | -3.91% |
| Operating Profit | $1.195B | $884.0M | $951.0M |
| YoY Change | 5.38% | -7.05% | 70.43% |
| Interest Expense | -$159.0M | -$153.0M | $126.0M |
| YoY Change | 20.45% | -221.43% | 35.48% |
| % of Operating Profit | -13.31% | -17.31% | 13.25% |
| Other Income/Expense, Net | $4.000M | $4.000M | $3.000M |
| YoY Change | 100.0% | 33.33% | -25.0% |
| Pretax Income | $1.040B | $727.0M | $844.0M |
| YoY Change | 7.88% | -13.86% | 77.31% |
| Income Tax | $268.0M | $163.0M | $87.00M |
| % Of Pretax Income | 25.77% | 22.42% | 10.31% |
| Net Earnings | $772.0M | $564.0M | $757.0M |
| YoY Change | 6.34% | -25.5% | 100.8% |
| Net Earnings / Revenue | 11.99% | 9.44% | 13.48% |
| Basic Earnings Per Share | $2.70 | $1.94 | $2.44 |
| Diluted Earnings Per Share | $2.69 | $1.93 | $2.43 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 285.6M shares | 289.5M shares | 308.1M shares |
| Diluted Shares Outstanding | 286.7M shares | 291.6M shares | 311.0M shares |
Balance Sheet
| Concept | 2024 Q2 | 2024 Q1 | 2023 Q1 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $349.0M | $429.0M | $554.0M |
| YoY Change | -38.01% | -22.56% | -46.83% |
| Cash & Equivalents | $349.0M | $429.0M | $554.0M |
| Short-Term Investments | |||
| Other Short-Term Assets | $304.0M | $274.0M | $248.0M |
| YoY Change | -3.8% | 10.48% | -6.06% |
| Inventory | |||
| Prepaid Expenses | |||
| Receivables | $2.847B | $2.747B | $2.462B |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $3.500B | $3.450B | $3.264B |
| YoY Change | 1.63% | 5.7% | -4.51% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $1.558B | $2.467B | $1.595B |
| YoY Change | -38.3% | 54.67% | 4.18% |
| Goodwill | $8.783B | $8.815B | $8.904B |
| YoY Change | -0.76% | -1.0% | -1.82% |
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $304.0M | $302.0M | $334.0M |
| YoY Change | -2.25% | -9.58% | -7.48% |
| Other Assets | $667.0M | $1.334B | $584.0M |
| YoY Change | -18.86% | 128.42% | 1.57% |
| Total Long-Term Assets | $22.24B | $22.31B | $21.60B |
| YoY Change | 2.76% | 3.27% | -1.01% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $3.500B | $3.450B | $3.264B |
| Total Long-Term Assets | $22.24B | $22.31B | $21.60B |
| Total Assets | $25.74B | $25.76B | $24.86B |
| YoY Change | 2.6% | 3.59% | -1.49% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $826.0M | $793.0M | $722.0M |
| YoY Change | 23.28% | 9.83% | -2.04% |
| Accrued Expenses | $3.114B | $3.136B | $2.508B |
| YoY Change | 20.51% | 25.04% | 7.73% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $960.0M | $910.0M | $358.0M |
| YoY Change | 7.38% | 154.19% | -51.03% |
| Total Short-Term Liabilities | $8.283B | $8.170B | $6.969B |
| YoY Change | 10.15% | 17.23% | 8.52% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $12.18B | $11.75B | $10.30B |
| YoY Change | 17.11% | 14.07% | 17.86% |
| Other Long-Term Liabilities | $1.327B | $7.260B | $1.711B |
| YoY Change | -81.32% | 324.31% | -13.45% |
| Total Long-Term Liabilities | $1.327B | $19.01B | $1.711B |
| YoY Change | -92.42% | 1010.93% | -13.45% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $8.283B | $8.170B | $6.969B |
| Total Long-Term Liabilities | $1.327B | $19.01B | $1.711B |
| Total Liabilities | $9.610B | $27.37B | $8.680B |
| YoY Change | -62.03% | 215.35% | 3.35% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | $15.84B | $15.25B | $12.98B |
| YoY Change | 16.98% | 17.54% | 21.47% |
| Common Stock | $6.035B | $5.983B | $5.911B |
| YoY Change | 1.31% | 1.22% | 1.29% |
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | -$2.091B | -$1.616B | $140.0M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $25.74B | $25.76B | $24.86B |
| YoY Change | 2.6% | 3.59% | -1.49% |
Cashflow Statement
| Concept | 2024 Q2 | 2024 Q1 | 2023 Q1 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $772.0M | $564.0M | $757.0M |
| YoY Change | 6.34% | -25.5% | 100.8% |
| Depreciation, Depletion And Amortization | $74.00M | $68.00M | $65.00M |
| YoY Change | 5.71% | 4.62% | -9.72% |
| Cash From Operating Activities | $772.0M | $779.0M | $887.0M |
| YoY Change | 18.59% | -12.18% | 122.86% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | $125.0M | $109.0M | $95.00M |
| YoY Change | 26.26% | 14.74% | 93.88% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$5.000M | $14.00M | -$6.000M |
| YoY Change | -94.12% | -333.33% | -68.42% |
| Cash From Investing Activities | -$130.0M | -$95.00M | -$59.00M |
| YoY Change | -29.35% | 61.02% | 156.52% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | $2.000M | $328.0M | |
| YoY Change | -99.39% | -18.2% | |
| Cash From Financing Activities | -720.0M | -602.0M | -$782.0M |
| YoY Change | 56.86% | -23.02% | 7.27% |
| NET CHANGE | |||
| Cash From Operating Activities | 772.0M | 779.0M | $887.0M |
| Cash From Investing Activities | -130.0M | -95.00M | -$59.00M |
| Cash From Financing Activities | -720.0M | -602.0M | -$782.0M |
| Net Change In Cash | -78.00M | 82.00M | $46.00M |
| YoY Change | -1075.0% | 78.26% | -112.99% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $772.0M | $779.0M | $887.0M |
| Capital Expenditures | $125.0M | $109.0M | $95.00M |
| Free Cash Flow | $647.0M | $670.0M | $792.0M |
| YoY Change | 17.21% | -15.4% | 126.93% |
Facts In Submission
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-96000000 | usd |
| CY2024Q1 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
119000000 | usd |
| CY2023Q1 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
56000000 | usd |
| CY2024Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
779000000 | usd |
| CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
887000000 | usd |
| CY2024Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
109000000 | usd |
| CY2023Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
95000000 | usd |
| CY2024Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
1000000 | usd |
| CY2023Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
0 | usd |
| CY2024Q1 | mar |
Payments For Loan Advances
PaymentsForLoanAdvances
|
1000000 | usd |
| CY2023Q1 | mar |
Payments For Loan Advances
PaymentsForLoanAdvances
|
1000000 | usd |
| CY2024Q1 | us-gaap |
Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
|
8000000 | usd |
| CY2023Q1 | us-gaap |
Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
|
31000000 | usd |
| CY2024Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-6000000 | usd |
| CY2023Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-6000000 | usd |
| CY2024Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-95000000 | usd |
| CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-59000000 | usd |
| CY2024Q1 | mar |
Proceeds From Repayments Of Commercial Paper And Long Term Lines Of Credit
ProceedsFromRepaymentsOfCommercialPaperAndLongTermLinesOfCredit
|
-685000000 | usd |
| CY2023Q1 | mar |
Proceeds From Repayments Of Commercial Paper And Long Term Lines Of Credit
ProceedsFromRepaymentsOfCommercialPaperAndLongTermLinesOfCredit
|
117000000 | usd |
| CY2024Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
1468000000 | usd |
| CY2023Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
783000000 | usd |
| CY2024Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
2000000 | usd |
| CY2023Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
328000000 | usd |
| CY2024Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
33000000 | usd |
| CY2023Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | usd |
| CY2024Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
151000000 | usd |
| CY2023Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
124000000 | usd |
| CY2024Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
1144000000 | usd |
| CY2023Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
1135000000 | usd |
| CY2024Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
121000000 | usd |
| CY2023Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
72000000 | usd |
| CY2024Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
0 | usd |
| CY2023Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-23000000 | usd |
| CY2024Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-602000000 | usd |
| CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-782000000 | usd |
| CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
82000000 | usd |
| CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
46000000 | usd |
| CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
366000000 | usd |
| CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
525000000 | usd |
| CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
448000000 | usd |
| CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
571000000 | usd |
| CY2023Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
28000000 | usd |
| CY2024Q1 | us-gaap |
Restricted Cash
RestrictedCash
|
19000000 | usd |
| CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
757000000 | usd |
| CY2024Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
290400000 | shares |
| CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
309600000 | shares |
| CY2024Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.94 | |
| CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.44 | |
| CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
564000000 | usd |
| CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
757000000 | usd |
| CY2024Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
290400000 | shares |
| CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
309600000 | shares |
| CY2024Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1200000 | shares |
| CY2023Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1400000 | shares |
| CY2024Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
291600000 | shares |
| CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
311000000.0 | shares |
| CY2024Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.93 | |
| CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.43 | |
| CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
226 | |
| CY2024Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
45000000 | usd |
| CY2023Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
33000000 | usd |
| CY2024Q1 | mar |
Share Based Compensation Nonvested Awards Compensation Cost Not Yet Recognized
ShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognized
|
322000000 | usd |
| CY2023Q4 | mar |
Share Based Compensation Nonvested Awards Compensation Cost Not Yet Recognized
ShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognized
|
171000000 | usd |
| CY2024Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.224 | |
| CY2023Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.103 | |
| CY2024Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
58000000 | usd |
| CY2023Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
68000000 | usd |
| CY2024Q1 | us-gaap |
Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
|
235000000 | usd |
| CY2024Q1 | us-gaap |
Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
|
95000000 | usd |
| CY2024Q1 | us-gaap |
Commercial Paper Noncurrent
CommercialPaperNoncurrent
|
732000000 | usd |
| CY2023Q4 | us-gaap |
Commercial Paper Noncurrent
CommercialPaperNoncurrent
|
1421000000 | usd |
| CY2024Q1 | us-gaap |
Line Of Credit
LineOfCredit
|
0 | usd |
| CY2023Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
0 | usd |
| CY2024Q1 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
129000000 | usd |
| CY2023Q4 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
131000000 | usd |
| CY2024Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
56000000 | usd |
| CY2023Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
56000000 | usd |
| CY2024Q1 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
12658000000 | usd |
| CY2023Q4 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
11873000000 | usd |
| CY2024Q1 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
910000000 | usd |
| CY2023Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
553000000 | usd |
| CY2024Q1 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
11748000000 | usd |
| CY2023Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
11320000000 | usd |
| CY2024Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
48000000 | usd |
| CY2023Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
15000000 | usd |
| CY2024Q1 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
4500000000 | usd |
| CY2024Q1 | us-gaap |
Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
|
-146000000 | usd |
| CY2024Q1 | us-gaap |
Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
|
1000000 | usd |
| CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-147000000 | usd |
| CY2023Q1 | us-gaap |
Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
|
81000000 | usd |
| CY2023Q1 | us-gaap |
Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
|
-1000000 | usd |
| CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
82000000 | usd |
| CY2024Q1 | 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
|
12000000 | usd |
| CY2023Q1 | 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
|
-12000000 | usd |
| CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-682000000 | usd |
| CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
564000000 | usd |
| CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-147000000 | usd |
| CY2024Q1 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.52 | |
| CY2024Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
151000000 | usd |
| CY2024Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
-36000000 | usd |
| CY2024Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
1164000000 | usd |
| CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-1616000000 | usd |
| CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
568000000 | usd |
| CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
757000000 | usd |
| CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
82000000 | usd |
| CY2023Q1 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.40 | |
| CY2023Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
124000000 | usd |
| CY2023Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
-34000000 | usd |
| CY2023Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
1109000000 | usd |
| CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
140000000 | usd |
| CY2024Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
201000000 | usd |
| CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
197000000 | usd |
| CY2024Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
4 | segment |
| CY2024Q1 | us-gaap |
Revenues
Revenues
|
5977000000 | usd |
| CY2023Q1 | us-gaap |
Revenues
Revenues
|
5615000000 | usd |
| CY2024Q1 | us-gaap |
Interest Revenue Expense Net
InterestRevenueExpenseNet
|
-153000000 | usd |
| CY2023Q1 | us-gaap |
Interest Revenue Expense Net
InterestRevenueExpenseNet
|
-111000000 | usd |
| CY2024Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
163000000 | usd |
| CY2023Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
87000000 | usd |
| CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
564000000 | usd |
| CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
757000000 | usd |
| CY2024Q1 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
| CY2024Q1 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
| CY2024Q1 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
| CY2024Q1 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |
