2017 Form 10-K Financial Statement

#000092765317000007 Filed on May 22, 2017

View on sec.gov

Income Statement

Concept 2017 2016 Q1 2016
Revenue $198.5B $46.68B $190.9B
YoY Change 4.01% 3.9% 6.61%
Cost Of Revenue $187.3B $43.83B $179.5B
YoY Change 4.34% 8.28% 7.06%
Gross Profit $11.27B $2.852B $11.42B
YoY Change -1.27% -2.23% 0.04%
Gross Profit Margin 5.68% 6.11% 5.98%
Selling, General & Admin $7.447B $7.379B
YoY Change 0.92% -6.61%
% of Gross Profit 66.07% 64.64%
Research & Development $341.0M $392.0M
YoY Change -13.01% 0.0%
% of Gross Profit 3.03% 3.43%
Depreciation & Amortization $324.0M $214.0M $281.0M
YoY Change 15.3% -4.46% -8.17%
% of Gross Profit 2.87% 7.5% 2.46%
Operating Expenses $4.149B $2.112B $7.871B
YoY Change -47.29% 11.92% -6.77%
Operating Profit $7.122B $740.0M $3.545B
YoY Change 100.9% -28.16% 19.44%
Interest Expense -$249.0M -$86.00M -$353.0M
YoY Change -29.46% 11.69% 3.22%
% of Operating Profit -3.5% -11.62% -9.96%
Other Income/Expense, Net $77.00M $15.00M $58.00M
YoY Change 32.76% 150.0% -7.94%
Pretax Income $6.891B $669.0M $3.250B
YoY Change 112.03% 4.37% 22.32%
Income Tax $1.614B $204.0M $908.0M
% Of Pretax Income 23.42% 30.49% 27.94%
Net Earnings $5.070B $431.0M $2.258B
YoY Change 124.53% 226.52% 52.98%
Net Earnings / Revenue 2.55% 0.92% 1.18%
Basic Earnings Per Share $22.95 $1.90 $9.82
Diluted Earnings Per Share $22.73 $1.88 $9.70
COMMON SHARES
Basic Shares Outstanding 221.0M shares 230.0M shares
Diluted Shares Outstanding 223.0M shares 233.0M shares

Balance Sheet

Concept 2017 2016 Q1 2016
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.783B $4.048B $4.048B
YoY Change -31.25% -24.21% -24.21%
Cash & Equivalents $2.783B $4.048B $4.048B
Short-Term Investments
Other Short-Term Assets $672.0M $1.072B $1.072B
YoY Change -37.31% -4.2% -4.2%
Inventory $15.28B $15.34B $15.34B
Prepaid Expenses
Receivables $14.32B $17.98B $14.27B
Other Receivables $3.893B $0.00 $3.711B
Total Short-Term Assets $36.95B $38.44B $38.44B
YoY Change -3.87% 4.81% 4.81%
LONG-TERM ASSETS
Property, Plant & Equipment $2.292B $2.278B $2.278B
YoY Change 0.61% 11.39% 11.39%
Goodwill $9.786B
YoY Change -0.32%
Intangibles
YoY Change
Long-Term Investments $4.063B $0.00 $0.00
YoY Change
Other Assets $3.415B $3.003B $3.003B
YoY Change 13.72% 58.3% 58.3%
Total Long-Term Assets $24.02B $18.09B $18.09B
YoY Change 32.8% 5.16% 5.16%
TOTAL ASSETS
Total Short-Term Assets $36.95B $38.44B $38.44B
Total Long-Term Assets $24.02B $18.09B $18.09B
Total Assets $60.97B $56.52B $56.52B
YoY Change 7.87% 4.92% 4.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $31.02B $28.59B $28.59B
YoY Change 8.53% 13.59% 13.59%
Accrued Expenses $3.004B $3.948B $3.948B
YoY Change -23.91% 4.75% 6.99%
Deferred Revenue
YoY Change
Short-Term Debt $183.0M $7.000M $7.000M
YoY Change 2514.29% -94.81% -94.81%
Long-Term Debt Due $1.057B $1.610B $1.610B
YoY Change -34.35% 5.3% 5.3%
Total Short-Term Liabilities $35.61B $35.07B $35.07B
YoY Change 1.55% 4.69% 4.69%
LONG-TERM LIABILITIES
Long-Term Debt $7.305B $6.497B $6.497B
YoY Change 12.44% -20.57% -20.57%
Other Long-Term Liabilities $1.774B $1.809B $1.809B
YoY Change -1.93% -2.9% -33.54%
Total Long-Term Liabilities $9.079B $8.306B $8.306B
YoY Change 9.31% -17.3% -23.81%
TOTAL LIABILITIES
Total Short-Term Liabilities $35.61B $35.07B $35.07B
Total Long-Term Liabilities $9.079B $8.306B $8.306B
Total Liabilities $49.87B $43.38B $47.60B
YoY Change 4.78% -0.38% 3.77%
SHAREHOLDERS EQUITY
Retained Earnings $8.360B
YoY Change -34.2%
Common Stock $3.000M
YoY Change -25.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.721B
YoY Change -62.63%
Treasury Stock Shares 46.00M shares
Shareholders Equity $11.10B $8.924B $8.924B
YoY Change
Total Liabilities & Shareholders Equity $60.97B $56.52B $56.52B
YoY Change 7.87% 4.92% 4.92%

Cashflow Statement

Concept 2017 2016 Q1 2016
OPERATING ACTIVITIES
Net Income $5.070B $431.0M $2.258B
YoY Change 124.53% 226.52% 52.98%
Depreciation, Depletion And Amortization $324.0M $214.0M $281.0M
YoY Change 15.3% -4.46% -8.17%
Cash From Operating Activities $4.744B $3.106B $3.672B
YoY Change 29.19% 64.95% 17.99%
INVESTING ACTIVITIES
Capital Expenditures $404.0M -$260.0M $488.0M
YoY Change -17.21% 85.71% 29.79%
Acquisitions $4.212B $40.00M
YoY Change 10430.0% -76.47%
Other Investing Activities -$73.00M -$1.069B $111.0M
YoY Change -165.77% 990.82% -582.61%
Cash From Investing Activities -$3.269B -$1.329B -$1.557B
YoY Change 109.96% 458.4% 129.99%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $2.311B $1.612B
YoY Change 43.36% 258.22%
Debt Paid & Issued, Net $1.601B $1.598B
YoY Change 0.19% 352.69%
Cash From Financing Activities -$2.069B -1.206B -$3.453B
YoY Change -40.08% 68.44% 256.71%
NET CHANGE
Cash From Operating Activities $4.744B 3.106B $3.672B
Cash From Investing Activities -$3.269B -1.329B -$1.557B
Cash From Financing Activities -$2.069B -1.206B -$3.453B
Net Change In Cash -$738.0M 571.0M -$1.338B
YoY Change -44.84% -38.54% -191.21%
FREE CASH FLOW
Cash From Operating Activities $4.744B $3.106B $3.672B
Capital Expenditures $404.0M -$260.0M $488.0M
Free Cash Flow $4.340B $3.366B $3.184B
YoY Change 36.31% 66.39% 16.37%

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CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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CY2015Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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CY2015Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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CY2015Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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CY2016Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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CY2016Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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CY2016Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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CY2017Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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CY2017 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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CY2015 us-gaap Income Loss From Equity Method Investments
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CY2016 us-gaap Income Loss From Equity Method Investments
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CY2017 us-gaap Income Loss From Equity Method Investments
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CY2015 us-gaap Income Tax Examination Penalties And Interest Expense
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IncomeTaxExpenseBenefit
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CY2016 us-gaap Income Tax Reconciliation Disposition Of Business
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CY2017 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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930000000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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2411000000 USD
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
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0 USD
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
0 USD
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
106000000 USD
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CY2016 us-gaap Income Tax Reconciliation Other Reconciling Items
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CY2017 us-gaap Income Tax Reconciliation Other Reconciling Items
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CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
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81000000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
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92000000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
153000000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
10000000 USD
CY2016 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
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CY2017 us-gaap Income Tax Reconciliation Tax Contingencies
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57000000 USD
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CY2015 us-gaap Increase Decrease In Accounts Payable
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4718000000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable
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3302000000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable
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2070000000 USD
CY2015 us-gaap Increase Decrease In Accrued Taxes Payable
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CY2016 us-gaap Increase Decrease In Accrued Taxes Payable
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CY2017 us-gaap Increase Decrease In Accrued Taxes Payable
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146000000 USD
CY2017 us-gaap Increase Decrease In Assets Held For Sale
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165000000 USD
CY2015 us-gaap Increase Decrease In Deferred Income Taxes
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CY2015 us-gaap Increase Decrease In Deferred Revenue
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CY2017 us-gaap Increase Decrease In Deferred Revenue
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CY2016 us-gaap Increase Decrease In Restricted Cash
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374000000 USD
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P5Y
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660000000 USD
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1610000000 USD
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1057000000 USD
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150000000 USD
CY2016 us-gaap Loss Contingency Accrual Carrying Value Period Increase Decrease
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CY2017 us-gaap Loss Contingency Accrual Carrying Value Period Increase Decrease
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150000000 USD
CY2016 us-gaap Loss Contingency Loss In Period
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62000000 USD
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CY2015 us-gaap Net Cash Provided By Used In Investing Activities
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CY2016 us-gaap Net Cash Provided By Used In Investing Activities
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CY2017 us-gaap Net Cash Provided By Used In Investing Activities
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CY2015Q3 us-gaap Net Income Loss
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CY2016 us-gaap Net Income Loss
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CY2016Q4 us-gaap Net Income Loss
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CY2017Q1 us-gaap Net Income Loss
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CY2017 us-gaap Net Income Loss
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5070000000 USD
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67000000 USD
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52000000 USD
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83000000 USD
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89000000 USD
CY2015 us-gaap Nonoperating Income Expense
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63000000 USD
CY2016 us-gaap Nonoperating Income Expense
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58000000 USD
CY2017 us-gaap Nonoperating Income Expense
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90000000 USD
CY2016Q1 us-gaap Notes And Loans Payable
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8100000000 USD
CY2017Q1 us-gaap Notes And Loans Payable
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8400000000 USD
CY2017 us-gaap Number Of Operating Segments
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CY2016 us-gaap Operating Income Loss
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CY2017 us-gaap Operating Income Loss
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315000000 USD
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CY2017 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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CY2015 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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113000000 USD
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CY2016 us-gaap Other Restructuring Costs
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18000000 USD
CY2015 us-gaap Payments For Legal Settlements
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170000000 USD
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172000000 USD
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20000000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
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152000000 USD
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CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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124000000 USD
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CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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8000000 USD
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
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CY2015 us-gaap Other Noncash Income Expense
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31000000 USD
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CY2017 us-gaap Payments For Legal Settlements
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150000000 USD
CY2015 us-gaap Payments For Proceeds From Other Investing Activities
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CY2016 us-gaap Payments For Proceeds From Other Investing Activities
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111000000 USD
CY2017 us-gaap Payments For Proceeds From Other Investing Activities
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CY2015 us-gaap Payments For Repurchase Of Common Stock
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450000000 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
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1612000000 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
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2311000000 USD
CY2016 us-gaap Payments For Restructuring
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1000000 USD
CY2017 us-gaap Payments For Restructuring
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CY2015 us-gaap Payments Of Dividends Common Stock
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227000000 USD
CY2016Q3 us-gaap Profit Loss
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324000000 USD
CY2016 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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40000000 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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4237000000 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
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376000000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
488000000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
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404000000 USD
CY2015 us-gaap Payments To Acquire Software
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169000000 USD
CY2016 us-gaap Payments To Acquire Software
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189000000 USD
CY2017 us-gaap Payments To Acquire Software
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158000000 USD
CY2016Q1 us-gaap Percentage Of Lifo Inventory
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0.74
CY2017Q1 us-gaap Percentage Of Lifo Inventory
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0.70
CY2016Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.01
CY2017Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2016Q1 us-gaap Preferred Stock Shares Authorized
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100000000 shares
CY2017Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2016Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2016Q1 us-gaap Preferred Stock Shares Outstanding
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0 shares
CY2017Q1 us-gaap Preferred Stock Shares Outstanding
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CY2016Q1 us-gaap Preferred Stock Value
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CY2017Q1 us-gaap Preferred Stock Value
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CY2016Q1 us-gaap Prepaid Expense And Other Assets Current
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CY2016 us-gaap Proceeds From Divestiture Of Businesses And Interests In Affiliates
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210000000 USD
CY2017 us-gaap Proceeds From Divestiture Of Businesses And Interests In Affiliates
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206000000 USD
CY2016 us-gaap Proceeds From Issuance Of Commercial Paper
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0 USD
CY2015 us-gaap Proceeds From Issuance Of Long Term Debt
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CY2016 us-gaap Proceeds From Issuance Of Long Term Debt
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CY2017 us-gaap Proceeds From Issuance Of Long Term Debt
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CY2015 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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152000000 USD
CY2016 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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123000000 USD
CY2017 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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120000000 USD
CY2015 us-gaap Proceeds From Payments For Other Financing Activities
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CY2016 us-gaap Proceeds From Payments For Other Financing Activities
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CY2017 us-gaap Proceeds From Payments For Other Financing Activities
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CY2015 us-gaap Proceeds From Short Term Debt
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3100000000 USD
CY2016 us-gaap Proceeds From Short Term Debt
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CY2017 us-gaap Proceeds From Short Term Debt
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CY2015Q2 us-gaap Profit Loss
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CY2015Q3 us-gaap Profit Loss
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CY2015Q4 us-gaap Profit Loss
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CY2016Q1 us-gaap Profit Loss
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CY2016 us-gaap Profit Loss
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CY2016Q2 us-gaap Profit Loss
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CY2017Q1 us-gaap Receivables Net Current
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CY2016Q1 us-gaap Restructuring Charges
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CY2016Q4 us-gaap Profit Loss
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CY2017Q1 us-gaap Profit Loss
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CY2017 us-gaap Profit Loss
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CY2017Q1 us-gaap Property Plant And Equipment Gross
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CY2017Q1 us-gaap Property Plant And Equipment Net
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2292000000 USD
CY2016Q1 us-gaap Property Plant And Equipment Other
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CY2017 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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CY2016Q1 us-gaap Redeemable Noncontrolling Interest Equity Common Carrying Amount
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CY2017Q1 us-gaap Redeemable Noncontrolling Interest Equity Common Carrying Amount
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CY2015 us-gaap Repayments Of Long Term Debt
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CY2016 us-gaap Repayments Of Long Term Debt
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CY2017 us-gaap Repayments Of Long Term Debt
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1601000000 USD
CY2015 us-gaap Repayments Of Short Term Debt
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3152000000 USD
CY2016 us-gaap Repayments Of Short Term Debt
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CY2017 us-gaap Repayments Of Short Term Debt
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CY2015 us-gaap Research And Development Expense
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392000000 USD
CY2016 us-gaap Research And Development Expense
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392000000 USD
CY2017 us-gaap Research And Development Expense
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341000000 USD
CY2016Q1 us-gaap Restricted Cash And Cash Equivalents
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CY2017Q1 us-gaap Restricted Cash And Cash Equivalents
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1500000000 USD
CY2016 us-gaap Restructuring Charges
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229000000 USD
CY2017 us-gaap Restructuring Charges
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CY2015Q1 us-gaap Restructuring Reserve
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CY2016Q1 us-gaap Restructuring Reserve
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CY2017Q1 us-gaap Restructuring Reserve
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106000000 USD
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CY2017 us-gaap Restructuring Reserve Settled Without Cash2
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9000000 USD
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CY2016Q1 us-gaap Retained Earnings Accumulated Deficit
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CY2017Q1 us-gaap Retained Earnings Accumulated Deficit
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15000000 USD
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48000000 USD
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223000000 USD
CY2015 us-gaap Sales Returns Goods
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2700000000 USD
CY2016 us-gaap Sales Returns Goods
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3100000000 USD
CY2017 us-gaap Sales Returns Goods
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3100000000 USD
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CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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201000000 USD
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CY2015Q2 us-gaap Sales Revenue Net
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97000000 USD
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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4000000 shares
CY2015Q3 us-gaap Sales Revenue Net
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CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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4000000 shares
CY2016Q1 us-gaap Sales Revenue Net
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CY2016 us-gaap Sales Revenue Net
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CY2016Q2 us-gaap Sales Revenue Net
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CY2016Q3 us-gaap Sales Revenue Net
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CY2016Q4 us-gaap Sales Revenue Net
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CY2017Q1 us-gaap Sales Revenue Net
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CY2017 us-gaap Sales Revenue Net
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CY2017 us-gaap Selling General And Administrative Expense
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CY2016 us-gaap Severance Costs1
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CY2015 us-gaap Share Based Compensation
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CY2016 us-gaap Share Based Compensation
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123000000 USD
CY2017 us-gaap Share Based Compensation
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115000000 USD
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
2000000 shares
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
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114.00
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
0 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
1000000 shares
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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118.95
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
145.76
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
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92000000 USD
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
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96000000 USD
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
4000000 shares
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
145.54
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
60.28
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
192.82
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
181.76
CY2017Q1 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
2000000 shares
CY2017Q1 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
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4000000 shares
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P2Y
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P4Y
CY2016Q1 us-gaap Short Term Borrowings
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7000000 USD
CY2017Q1 us-gaap Short Term Borrowings
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183000000 USD
CY2017 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1000000 shares
CY2015 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
43000000 USD
CY2016 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
14000000 USD
CY2017 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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64000000 USD
CY2015Q2 us-gaap Stock Repurchase Program Authorized Amount1
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500000000 USD
CY2015Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
500000000 USD
CY2017Q1 us-gaap Unrecognized Tax Benefits
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486000000 USD
CY2017 us-gaap Treasury Stock Acquired Average Cost Per Share
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141.16
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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18000000 USD
CY2016 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
0 USD
CY2017 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
0 USD
CY2016 us-gaap Treasury Stock Acquired Average Cost Per Share
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173.64
CY2015Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
2000000000 USD
CY2015Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
2000000000 USD
CY2016Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
4000000000.0 USD
CY2016Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
4000000000 USD
CY2014Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
340000000 USD
CY2015Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
0 USD
CY2016Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
996000000 USD
CY2016Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
1000000000 USD
CY2017Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
2746000000 USD
CY2017Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
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2700000000 USD
CY2015 us-gaap Stock Repurchased During Period Value
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340000000 USD
CY2016 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
1504000000 USD
CY2017 us-gaap Stock Repurchased During Period Value
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2250000000 USD
CY2016Q1 us-gaap Stockholders Equity
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CY2017Q1 us-gaap Stockholders Equity
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CY2014Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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10318000000 USD
CY2015Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2016Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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9008000000 USD
CY2017Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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11273000000 USD
CY2015 us-gaap Stockholders Equity Other
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15000000 USD
CY2016 us-gaap Stockholders Equity Other
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3000000 USD
CY2017 us-gaap Stockholders Equity Other
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35000000 USD
CY2017 us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Gross Of Tax
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-13000000 USD
CY2015 us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax
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0 USD
CY2016 us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax
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0 USD
CY2017 us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax
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-8000000 USD
CY2015 us-gaap Treasury Stock Acquired Average Cost Per Share
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226.55
CY2016Q1 us-gaap Treasury Stock Shares
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46000000 shares
CY2017Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
62000000 shares
CY2015 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1500000 shares
CY2016 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
8700000 shares
CY2017 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
15500000 shares
CY2016 us-gaap Treasury Stock Shares Retired
TreasuryStockSharesRetired
115500000 shares
CY2016Q1 us-gaap Treasury Stock Value
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3721000000 USD
CY2017Q1 us-gaap Treasury Stock Value
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5982000000 USD
CY2015 us-gaap Treasury Stock Value Acquired Cost Method
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340000000 USD
CY2016 us-gaap Treasury Stock Value Acquired Cost Method
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1504000000 USD
CY2017 us-gaap Treasury Stock Value Acquired Cost Method
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2250000000 USD
CY2017Q1 us-gaap Undistributed Earnings Of Foreign Subsidiaries
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6877000000 USD
CY2014Q1 us-gaap Unrecognized Tax Benefits
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647000000 USD
CY2015Q1 us-gaap Unrecognized Tax Benefits
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616000000 USD
CY2016Q1 us-gaap Unrecognized Tax Benefits
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555000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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62000000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
67000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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65000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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141000000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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113000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
27000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
28000000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
105000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
62000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
116000000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
7000000 USD
CY2016Q1 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
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77000000 USD
CY2017Q1 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
45000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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12000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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6000000 USD
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
0 USD
CY2017Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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342000000 USD
CY2014Q1 us-gaap Valuation Allowances And Reserves Balance
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134000000 USD
CY2015Q1 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
174000000 USD
CY2016Q1 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
253000000 USD
CY2017Q1 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
285000000 USD
CY2015 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
75000000 USD
CY2016 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
113000000 USD
CY2017 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
93000000 USD
CY2015 us-gaap Valuation Allowances And Reserves Charged To Other Accounts
ValuationAllowancesAndReservesChargedToOtherAccounts
0 USD
CY2016 us-gaap Valuation Allowances And Reserves Charged To Other Accounts
ValuationAllowancesAndReservesChargedToOtherAccounts
-1000000 USD
CY2017 us-gaap Valuation Allowances And Reserves Charged To Other Accounts
ValuationAllowancesAndReservesChargedToOtherAccounts
9000000 USD
CY2015 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
35000000 USD
CY2016 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
33000000 USD
CY2017 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
70000000 USD
CY2016Q1 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
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119000000 USD
CY2017Q1 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
821000000 USD
CY2016Q1 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
44000000 USD
CY2017Q1 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
149000000 USD
CY2016Q1 us-gaap Variable Interest Entity Entity Maximum Loss Exposure Amount
VariableInterestEntityEntityMaximumLossExposureAmount
1100000000 USD
CY2017Q1 us-gaap Variable Interest Entity Entity Maximum Loss Exposure Amount
VariableInterestEntityEntityMaximumLossExposureAmount
1100000000 USD
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
235000000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
233000000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
223000000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
232000000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
230000000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
221000000 shares
CY2017 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Concentrations of Credit Risk and Receivables: </font><font style="font-family:inherit;font-size:10pt;">Our trade receivables are subject to a concentration of credit risk with customers primarily in our Distribution Solutions segment. During </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;">, sales to our </font><font style="font-family:inherit;font-size:10pt;">ten</font><font style="font-family:inherit;font-size:10pt;"> largest customers, including group purchasing organizations (&#8220;GPOs&#8221;) accounted for approximately </font><font style="font-family:inherit;font-size:10pt;">54.2%</font><font style="font-family:inherit;font-size:10pt;"> of our total consolidated revenues. Sales to our largest customer, CVS Health (&#8220;CVS&#8221;), accounted for approximately </font><font style="font-family:inherit;font-size:10pt;">20.2%</font><font style="font-family:inherit;font-size:10pt;"> of our total consolidated revenues. At March&#160;31, </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;">, trade accounts receivable from our </font><font style="font-family:inherit;font-size:10pt;">ten</font><font style="font-family:inherit;font-size:10pt;"> largest customers were approximately </font><font style="font-family:inherit;font-size:10pt;">33.7%</font><font style="font-family:inherit;font-size:10pt;"> of total trade accounts receivable. Accounts receivable from </font><font style="font-family:inherit;font-size:10pt;">CVS</font><font style="font-family:inherit;font-size:10pt;"> were approximately </font><font style="font-family:inherit;font-size:10pt;">17.8%</font><font style="font-family:inherit;font-size:10pt;"> of total trade accounts receivable. As a result, our sales and credit concentration is significant. We also have agreements with GPOs, each of which functions as a purchasing agent on behalf of member hospitals, pharmacies and other healthcare providers, as well as with government entities and agencies. The accounts receivables balances are with individual members of the GPOs, and therefore no significant concentration of credit risk exists. A default in payment, a material reduction in purchases from these or any other large customers, or the loss of a large customer or customer groups could have a material adverse impact on our financial condition, results of operations and liquidity. In addition, trade receivables are subject to a concentration of credit risk with customers in the institutional, retail and healthcare provider sectors, which can be affected by a downturn in the economy and changes in reimbursement policies. This credit risk is mitigated by the size and diversity of the customer base as well as its geographic dispersion. We estimate the receivables for which we do not expect full collection based on historical collection rates and ongoing evaluations of the creditworthiness of our customers. An allowance is recorded in our consolidated financial statements for these amounts.</font></div></div>
CY2017 us-gaap Fiscal Period
FiscalPeriod
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Fiscal Period: </font><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s fiscal year begins on April 1 and ends on March 31. Unless otherwise noted, all references to a particular year shall mean the Company&#8217;s fiscal year.</font></div></div>
CY2017 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Reclassifications</font><font style="font-family:inherit;font-size:10pt;">: Certain prior year amounts have been reclassified to conform to the current year presentation.</font></div></div>
CY2017 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font><font style="font-family:inherit;font-size:10pt;">: The preparation of financial statements in conformity with U.S. GAAP requires that we make estimates and assumptions that affect the reported amounts in the consolidated financial statements and accompanying notes. Actual amounts could differ from those estimated amounts.</font></div></div>

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