2018 Q4 Form 10-K Financial Statement

#000076418020000018 Filed on February 25, 2020

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2018 Q2
Revenue $6.114B $6.837B $6.305B
YoY Change 0.21% 1.6% -5.37%
Cost Of Revenue $3.129B $2.037B $1.738B
YoY Change -2.25% 4.35% -11.05%
Gross Profit $2.922B $3.255B $3.141B
YoY Change 0.69% 2.65% 0.87%
Gross Profit Margin 47.79% 47.61% 49.82%
Selling, General & Admin $788.0M $680.0M $581.0M
YoY Change 31.11% 18.47% 3.94%
% of Gross Profit 26.97% 20.89% 18.5%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $59.00M $64.00M $51.00M
YoY Change 9.26% 25.49% -1.92%
% of Gross Profit 2.02% 1.97% 1.62%
Operating Expenses $788.0M $680.0M $581.0M
YoY Change 31.11% 18.47% 3.94%
Operating Profit $2.134B $2.557B $2.498B
YoY Change -7.26% -1.24% -1.19%
Interest Expense -$31.00M $30.00M $50.00M
YoY Change -255.0% 1400.0% -235.14%
% of Operating Profit -1.45% 1.17% 2.0%
Other Income/Expense, Net -$3.000M $21.00M $9.000M
YoY Change -95.95% 16.67% -18.18%
Pretax Income $1.710B $2.608B $2.557B
YoY Change -21.67% -1.36% -12.13%
Income Tax $423.0M $664.0M $680.0M
% Of Pretax Income 24.74% 25.46% 26.59%
Net Earnings $1.250B $1.943B $1.876B
YoY Change -74.83% 4.13% -5.68%
Net Earnings / Revenue 20.44% 28.42% 29.75%
Basic Earnings Per Share $0.67 $1.03 $0.99
Diluted Earnings Per Share $0.66 $1.03 $0.99
COMMON SHARES
Basic Shares Outstanding 1.879B shares 1.885B shares 1.893B shares
Diluted Shares Outstanding

Balance Sheet

Concept 2018 Q4 2018 Q3 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.333B $2.393B $1.430B
YoY Change 6.38% -7.32% -36.59%
Cash & Equivalents $1.333B $2.393B $1.430B
Short-Term Investments
Other Short-Term Assets $326.0M $424.0M $252.0M
YoY Change 23.95% -3.42% 5.88%
Inventory $2.331B $2.077B $2.123B
Prepaid Expenses
Receivables $142.0M $187.0M $144.0M
Other Receivables $167.0M $84.00M $182.0M
Total Short-Term Assets $4.299B $5.165B $4.131B
YoY Change -1.04% 0.17% -10.41%
LONG-TERM ASSETS
Property, Plant & Equipment $1.938B $1.891B $1.878B
YoY Change 1.25% -0.84% -1.16%
Goodwill $5.196B $5.307B $5.307B
YoY Change -2.09% 0.0% 0.0%
Intangibles $12.28B $12.39B $12.41B
YoY Change -0.98% 1.55% 1.71%
Long-Term Investments $30.50B $17.83B $18.18B
YoY Change 69.88% -2.13% -0.23%
Other Assets $1.251B $532.0M $422.0M
YoY Change -2.65% 10.83% -16.44%
Total Long-Term Assets $51.16B $38.79B $39.05B
YoY Change 31.66% -0.55% -0.18%
TOTAL ASSETS
Total Short-Term Assets $4.299B $5.165B $4.131B
Total Long-Term Assets $51.16B $38.79B $39.05B
Total Assets $55.46B $43.95B $43.18B
YoY Change 28.37% -0.47% -1.26%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $399.0M $289.0M $209.0M
YoY Change 6.68% 7.04% 7.73%
Accrued Expenses $5.443B $4.842B $3.990B
YoY Change 26.7% -5.58% -2.78%
Deferred Revenue
YoY Change
Short-Term Debt $12.70B $0.00 $0.00
YoY Change
Long-Term Debt Due $1.144B $2.007B $864.0M
YoY Change 32.41%
Total Short-Term Liabilities $21.19B $8.646B $6.388B
YoY Change 212.03% 29.78% 14.44%
LONG-TERM LIABILITIES
Long-Term Debt $11.90B $11.90B $13.04B
YoY Change -8.69% -14.36% -6.13%
Other Long-Term Liabilities $254.0M $207.0M $230.0M
YoY Change -10.25% -44.35% -41.62%
Total Long-Term Liabilities $12.15B $12.10B $13.27B
YoY Change -8.72% -15.14% -7.11%
TOTAL LIABILITIES
Total Short-Term Liabilities $21.19B $8.646B $6.388B
Total Long-Term Liabilities $12.15B $12.10B $13.27B
Total Liabilities $40.63B $28.42B $27.34B
YoY Change 46.24% -11.06% -12.56%
SHAREHOLDERS EQUITY
Retained Earnings $43.96B $43.81B $43.37B
YoY Change 4.05% 13.66% 14.31%
Common Stock $6.896B $6.894B $6.883B
YoY Change 0.13% 0.28% 0.29%
Preferred Stock
YoY Change
Treasury Stock (at cost) $33.52B $33.17B $32.80B
YoY Change 5.21% 5.96% 7.39%
Treasury Stock Shares 931.9M shares 925.9M shares 919.7M shares
Shareholders Equity $14.79B $15.49B $15.80B
YoY Change
Total Liabilities & Shareholders Equity $55.46B $43.95B $43.18B
YoY Change 28.37% -0.47% -1.26%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2018 Q2
OPERATING ACTIVITIES
Net Income $1.250B $1.943B $1.876B
YoY Change -74.83% 4.13% -5.68%
Depreciation, Depletion And Amortization $59.00M $64.00M $51.00M
YoY Change 9.26% 25.49% -1.92%
Cash From Operating Activities $1.825B $2.716B $1.041B
YoY Change 141.08% 23.68% -243.19%
INVESTING ACTIVITIES
Capital Expenditures -$106.0M -$60.00M -$38.00M
YoY Change 120.83% 0.0% -34.48%
Acquisitions
YoY Change
Other Investing Activities -$12.75B $4.000M -$2.000M
YoY Change 5773.27% -96.15% -104.76%
Cash From Investing Activities -$12.85B -$56.00M -$40.00M
YoY Change 4749.43% -227.27% 150.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 9.967B -1.691B -1.767B
YoY Change -647.34% -12.56% -21.12%
NET CHANGE
Cash From Operating Activities 1.825B 2.716B 1.041B
Cash From Investing Activities -12.85B -56.00M -40.00M
Cash From Financing Activities 9.967B -1.691B -1.767B
Net Change In Cash -1.059B 969.0M -766.0M
YoY Change -20.32% 216.67% -74.32%
FREE CASH FLOW
Cash From Operating Activities $1.825B $2.716B $1.041B
Capital Expenditures -$106.0M -$60.00M -$38.00M
Free Cash Flow $1.931B $2.776B $1.079B
YoY Change 139.88% 23.05% -261.29%

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38000000 USD
CY2017 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
21000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
70000000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
5196000000 USD
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
12279000000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
5307000000 USD
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
12400000000 USD
CY2019 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
55000000 USD
CY2019 mo Intangible Assets Net Acquired During Period
IntangibleAssetsNetAcquiredDuringPeriod
451000000 USD
CY2018 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
0 USD
CY2018 mo Intangible Assets Net Acquired During Period
IntangibleAssetsNetAcquiredDuringPeriod
15000000 USD
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
74000000 USD
CY2019 mo Intangible Assets Net Impairment Loss
IntangibleAssetsNetImpairmentLoss
0 USD
CY2018 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
111000000 USD
CY2018 mo Intangible Assets Net Impairment Loss
IntangibleAssetsNetImpairmentLoss
98000000 USD
CY2019 mo Amortization Of Intangible Assets Including Write Off
AmortizationOfIntangibleAssetsIncludingWriteOff
43000000 USD
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
38000000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
5177000000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
12687000000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
5196000000 USD
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
12279000000 USD
CY2018Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
111000000 USD
CY2018 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
44000000 USD
CY2017 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 USD
CY2019 mo Asset Impairmentand Business Exit Costs Excluding Net Pension Cost Credit
AssetImpairmentandBusinessExitCostsExcludingNetPensionCostCredit
159000000 USD
CY2018 mo Asset Impairmentand Business Exit Costs Excluding Net Pension Cost Credit
AssetImpairmentandBusinessExitCostsExcludingNetPensionCostCredit
383000000 USD
CY2017 mo Asset Impairmentand Business Exit Costs Excluding Net Pension Cost Credit
AssetImpairmentandBusinessExitCostsExcludingNetPensionCostCredit
32000000 USD
CY2019 mo Other Restructuring Costs Including Net Pension Cost Credit
OtherRestructuringCostsIncludingNetPensionCostCredit
28000000 USD
CY2018 mo Other Restructuring Costs Including Net Pension Cost Credit
OtherRestructuringCostsIncludingNetPensionCostCredit
67000000 USD
CY2017 mo Other Restructuring Costs Including Net Pension Cost Credit
OtherRestructuringCostsIncludingNetPensionCostCredit
45000000 USD
CY2019 mo Restructuring Charges Including Net Pension Cost Credit
RestructuringChargesIncludingNetPensionCostCredit
187000000 USD
CY2018 mo Restructuring Charges Including Net Pension Cost Credit
RestructuringChargesIncludingNetPensionCostCredit
450000000 USD
CY2017 mo Restructuring Charges Including Net Pension Cost Credit
RestructuringChargesIncludingNetPensionCostCredit
77000000 USD
CY2019 mo Net Periodic Defined Benefits Income Reversalof Income Excluding Service Cost Component Asset Impairment And Business Exit Costs
NetPeriodicDefinedBenefitsIncomeReversalofIncomeExcludingServiceCostComponentAssetImpairmentAndBusinessExitCosts
29000000 USD
CY2018 mo Net Periodic Defined Benefits Income Reversalof Income Excluding Service Cost Component Asset Impairment And Business Exit Costs
NetPeriodicDefinedBenefitsIncomeReversalofIncomeExcludingServiceCostComponentAssetImpairmentAndBusinessExitCosts
3000000 USD
CY2017 mo Net Periodic Defined Benefits Income Reversalof Income Excluding Service Cost Component Asset Impairment And Business Exit Costs
NetPeriodicDefinedBenefitsIncomeReversalofIncomeExcludingServiceCostComponentAssetImpairmentAndBusinessExitCosts
1000000 USD
CY2019 mo Net Periodic Defined Benefits Expense Reversalof Expense Excluding Service Cost Component Implementation Costs
NetPeriodicDefinedBenefitsExpenseReversalofExpenseExcludingServiceCostComponentImplementationCosts
0 USD
CY2018 mo Net Periodic Defined Benefits Expense Reversalof Expense Excluding Service Cost Component Implementation Costs
NetPeriodicDefinedBenefitsExpenseReversalofExpenseExcludingServiceCostComponentImplementationCosts
0 USD
CY2017 mo Net Periodic Defined Benefits Expense Reversalof Expense Excluding Service Cost Component Implementation Costs
NetPeriodicDefinedBenefitsExpenseReversalofExpenseExcludingServiceCostComponentImplementationCosts
0 USD
CY2019 mo Net Periodic Defined Benefits Expense Reversalof Expense Excluding Service Cost Component Restructuring Charges
NetPeriodicDefinedBenefitsExpenseReversalofExpenseExcludingServiceCostComponentRestructuringCharges
29000000 USD
CY2018 mo Net Periodic Defined Benefits Expense Reversalof Expense Excluding Service Cost Component Restructuring Charges
NetPeriodicDefinedBenefitsExpenseReversalofExpenseExcludingServiceCostComponentRestructuringCharges
3000000 USD
CY2017 mo Net Periodic Defined Benefits Expense Reversalof Expense Excluding Service Cost Component Restructuring Charges
NetPeriodicDefinedBenefitsExpenseReversalofExpenseExcludingServiceCostComponentRestructuringCharges
1000000 USD
CY2019 mo Asset Impairmentand Business Exit Costs
AssetImpairmentandBusinessExitCosts
188000000 USD
CY2018 mo Asset Impairmentand Business Exit Costs
AssetImpairmentandBusinessExitCosts
386000000 USD
CY2017 mo Asset Impairmentand Business Exit Costs
AssetImpairmentandBusinessExitCosts
33000000 USD
CY2019 us-gaap Other Restructuring Costs
OtherRestructuringCosts
28000000 USD
CY2018 us-gaap Other Restructuring Costs
OtherRestructuringCosts
67000000 USD
CY2017 us-gaap Other Restructuring Costs
OtherRestructuringCosts
45000000 USD
CY2019 us-gaap Restructuring Charges
RestructuringCharges
216000000 USD
CY2018 us-gaap Restructuring Charges
RestructuringCharges
453000000 USD
CY2017 us-gaap Restructuring Charges
RestructuringCharges
78000000 USD
CY2017Q4 us-gaap Restructuring Reserve
RestructuringReserve
33000000 USD
CY2018 us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
154000000 USD
CY2018 us-gaap Payments For Restructuring
PaymentsForRestructuring
32000000 USD
CY2018Q4 us-gaap Restructuring Reserve
RestructuringReserve
155000000 USD
CY2019 us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
59000000 USD
CY2019 us-gaap Payments For Restructuring
PaymentsForRestructuring
147000000 USD
CY2019Q4 us-gaap Restructuring Reserve
RestructuringReserve
67000000 USD
CY2019Q4 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.56
CY2018Q4 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.58
CY2019Q4 us-gaap Excess Of Replacement Or Current Costs Over Stated Lifo Value
ExcessOfReplacementOrCurrentCostsOverStatedLIFOValue
600000000 USD
CY2018Q4 us-gaap Excess Of Replacement Or Current Costs Over Stated Lifo Value
ExcessOfReplacementOrCurrentCostsOverStatedLIFOValue
700000000 USD
CY2019Q4 us-gaap Investments
Investments
23581000000 USD
CY2018Q4 us-gaap Investments
Investments
30496000000 USD
CY2019 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1725000000 USD
CY2018 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
890000000 USD
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
532000000 USD
CY2019Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentCumulativeAmount
0 USD
CY2019Q4 mo Equity Securities Without Readily Determinable Fair Value Number Of Litigation Cases Outstanding
EquitySecuritiesWithoutReadilyDeterminableFairValueNumberOfLitigationCasesOutstanding
340 case
CY2019Q4 mo Equity Securities Without Readily Determinable Fair Value Number Of Litigation Cases Outstanding Increase Over Prior Filing Percentage
EquitySecuritiesWithoutReadilyDeterminableFairValueNumberOfLitigationCasesOutstandingIncreaseOverPriorFilingPercentage
0.80
CY2019 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-1411000000 USD
CY2019Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
0 USD
CY2018Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
12700000000 USD
CY2018Q4 us-gaap Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
95000000 USD
CY2018Q4 us-gaap Interest Payable Current
InterestPayableCurrent
15000000 USD
CY2019 mo Debt Instrument Covenant Consolidated Ebitd Ato Interest Expense Ratio Minimum
DebtInstrumentCovenantConsolidatedEBITDAtoInterestExpenseRatioMinimum
4.0
CY2019 mo Debt Instrument Consolidated Ebitd Ato Interest Expense Ratio
DebtInstrumentConsolidatedEBITDAtoInterestExpenseRatio
8.2
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
28042000000 USD
CY2018Q4 us-gaap Long Term Debt
LongTermDebt
13042000000 USD
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
1000000000 USD
CY2018Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
1144000000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
27042000000 USD
CY2018Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
11898000000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
1000000000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
1500000000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
2900000000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
1752000000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
2400000000 USD
CY2019Q4 mo Long Term Debt Maturities Repaymentsof Principal Thereafter
LongTermDebtMaturitiesRepaymentsofPrincipalThereafter
18723000000 USD
CY2019Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
28275000000 USD
CY2019Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
154000000 USD
CY2019Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
79000000 USD
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
28042000000 USD
CY2019Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
470000000 USD
CY2018Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
207000000 USD
CY2019Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
12000000000 shares
CY2016Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
2805961317 shares
CY2016Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
862689093 shares
CY2016Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
1943272224 shares
CY2017 mo Stock Issued During Period Shares Treasury Stock Reissued Forfeitedand Returned
StockIssuedDuringPeriodSharesTreasuryStockReissuedForfeitedandReturned
-408891 shares
CY2017 mo Stock Issued During Period Shares Treasury Stock Reissued Forfeitedand Returned
StockIssuedDuringPeriodSharesTreasuryStockReissuedForfeitedandReturned
-408891 shares
CY2017 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
41604141 shares
CY2017 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
41604141 shares
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
2805961317 shares
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
904702125 shares
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
1901259192 shares
CY2018 mo Stock Issued During Period Shares Treasury Stock Reissued Forfeitedand Returned
StockIssuedDuringPeriodSharesTreasuryStockReissuedForfeitedandReturned
676727 shares
CY2018 mo Stock Issued During Period Shares Treasury Stock Reissued Forfeitedand Returned
StockIssuedDuringPeriodSharesTreasuryStockReissuedForfeitedandReturned
676727 shares
CY2018 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
27878324 shares
CY2018 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
27878324 shares
CY2018Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
2805961317 shares
CY2018Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
931903722 shares
CY2018Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
1874057595 shares
CY2019 mo Stock Issued During Period Shares Treasury Stock Reissued Forfeitedand Returned
StockIssuedDuringPeriodSharesTreasuryStockReissuedForfeitedandReturned
427276 shares
CY2019 mo Stock Issued During Period Shares Treasury Stock Reissued Forfeitedand Returned
StockIssuedDuringPeriodSharesTreasuryStockReissuedForfeitedandReturned
427276 shares
CY2019 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
16503317 shares
CY2019 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
16503317 shares
CY2019Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
2805961317 shares
CY2019Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
947979763 shares
CY2019Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
1857981554 shares
CY2019Q3 mo Common Stock Increase Decreasein Dividend Rate Percentage
CommonStockIncreaseDecreaseinDividendRatePercentage
0.05
CY2019Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.84
CY2019Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.80
mo Common Stock Dividends Per Share Annualized
CommonStockDividendsPerShareAnnualized
3.36
CY2019 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
16500000 shares
CY2018 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
27900000 shares
CY2017 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
41600000 shares
CY2019 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
845000000 USD
CY2018 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1673000000 USD
CY2017 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
2917000000 USD
CY2019 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
51.24
CY2018 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
60.00
CY2017 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
70.10
CY2019 us-gaap Net Income Loss
NetIncomeLoss
-1293000000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
6963000000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
10222000000 USD
CY2019 mo Participating Securities Distributedand Undistributed Earnings Loss Basicand Diluted
ParticipatingSecuritiesDistributedandUndistributedEarningsLossBasicandDiluted
7000000 USD
CY2018 mo Participating Securities Distributedand Undistributed Earnings Loss Basicand Diluted
ParticipatingSecuritiesDistributedandUndistributedEarningsLossBasicandDiluted
8000000 USD
CY2017 mo Participating Securities Distributedand Undistributed Earnings Loss Basicand Diluted
ParticipatingSecuritiesDistributedandUndistributedEarningsLossBasicandDiluted
14000000 USD
CY2019 mo Net Income Loss Availableto Common Stockholders Basicand Diluted
NetIncomeLossAvailabletoCommonStockholdersBasicandDiluted
-1300000000 USD
CY2018 mo Net Income Loss Availableto Common Stockholders Basicand Diluted
NetIncomeLossAvailabletoCommonStockholdersBasicandDiluted
6955000000 USD
CY2017 mo Net Income Loss Availableto Common Stockholders Basicand Diluted
NetIncomeLossAvailabletoCommonStockholdersBasicandDiluted
10208000000 USD
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1869000000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1887000000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1921000000 shares
CY2019 us-gaap Weighted Average Number Of Shares Contingently Issuable
WeightedAverageNumberOfSharesContingentlyIssuable
0 shares
CY2018 us-gaap Weighted Average Number Of Shares Contingently Issuable
WeightedAverageNumberOfSharesContingentlyIssuable
1000000 shares
CY2017 us-gaap Weighted Average Number Of Shares Contingently Issuable
WeightedAverageNumberOfSharesContingentlyIssuable
0 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1869000000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1888000000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1921000000 shares
CY2017Q4 us-gaap Tax Cuts And Jobs Act Of2017 Incomplete Accounting Change In Tax Rate Provisional Income Tax Expense Benefit
TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateProvisionalIncomeTaxExpenseBenefit
-3400000000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
266000000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
9441000000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
9809000000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
500000000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-100000000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
19000000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
766000000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
9341000000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
9828000000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
1686000000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
1911000000 USD
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
2346000000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
470000000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
519000000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
366000000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
3000000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1000000 USD
CY2017 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
15000000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2159000000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2431000000 USD
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2727000000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-78000000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-18000000 USD
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-3213000000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-19000000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-42000000 USD
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
86000000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
2000000 USD
CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
3000000 USD
CY2017 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
1000000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-95000000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-57000000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3126000000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2064000000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2374000000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-399000000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
85000000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
66000000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
169000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
0 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
0 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
0 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
32000000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
22000000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
129000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
0 USD
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
0 USD
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
4000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
16000000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1000000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
208000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
37000000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
2000000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
20000000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
64000000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
85000000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
66000000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
64000000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
85000000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
11000000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
13000000 USD
CY2019Q4 mo Unrecognized Tax Benefit Tax Creditsand Other Indirect Benefits
UnrecognizedTaxBenefitTaxCreditsandOtherIndirectBenefits
1000000 USD
CY2018Q4 mo Unrecognized Tax Benefit Tax Creditsand Other Indirect Benefits
UnrecognizedTaxBenefitTaxCreditsandOtherIndirectBenefits
1000000 USD
CY2019Q4 mo Liabilityfor Tax Contingencies
LiabilityforTaxContingencies
74000000 USD
CY2018Q4 mo Liabilityfor Tax Contingencies
LiabilityforTaxContingencies
97000000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
40000000 USD
CY2019Q4 mo Unrecognized Tax Benefitsthat Would Impact Deferred Tax Rate
UnrecognizedTaxBenefitsthatWouldImpactDeferredTaxRate
24000000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
59000000 USD
CY2018Q4 mo Unrecognized Tax Benefitsthat Would Impact Deferred Tax Rate
UnrecognizedTaxBenefitsthatWouldImpactDeferredTaxRate
26000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
6000000 USD
CY2018 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
5000000 USD
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CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
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CY2018 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
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CY2018 mo Effective Income Tax Rate Reconciliation Tax Basis In Foreign Investments
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CY2019 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
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CY2017 us-gaap Income Tax Reconciliation Tax Contingencies
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CY2019 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
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CY2019 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
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CY2018 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
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CY2018 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
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CY2017 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
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181000000 USD
CY2017 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
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CY2017 us-gaap Income Tax Reconciliation Other Adjustments
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CY2019 us-gaap Income Tax Expense Benefit
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CY2019Q4 us-gaap Deferred Tax Assets Equity Method Investments
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CY2019 mo Valuation Allowance Deferred Tax Asset Increase Decrease Equity Method Investments
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CY2017 mo Valuation Allowance Deferred Tax Asset Increase Decrease Equity Method Investments
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CY2019 mo Valuation Allowance Deferred Tax Asset Increase Decrease Additions
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CY2018 mo Valuation Allowance Deferred Tax Asset Increase Decrease Additions
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240000000 USD
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CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2019 us-gaap Amortization Of Intangible Assets
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CY2017 us-gaap Income Loss From Equity Method Investments
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8600000000 USD
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0 USD
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CY2018 us-gaap Derivative Gain Loss On Derivative Net
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CY2017 us-gaap Derivative Gain Loss On Derivative Net
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CY2019 mo Nonmonetary Transaction Gain Losson Transfer Derivative Instrumentsand Divestitures
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CY2018 mo Nonmonetary Transaction Gain Losson Transfer Derivative Instrumentsand Divestitures
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445000000 USD
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766000000 USD
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CY2018 us-gaap Depreciation
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CY2017 us-gaap Depreciation
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188000000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
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CY2017 us-gaap Payments To Acquire Property Plant And Equipment
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CY2019Q4 mo Defined Benefit Plan Accumulated Other Comprehensive Income Deferred Income Tax
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CY2018Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Prior Service Cost Credit Before Tax
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CY2018Q4 mo Defined Benefit Plan Accumulated Other Comprehensive Income Deferred Income Tax
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CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
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CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
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CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
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129000000 USD
CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
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CY2019 us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Cost Credit Arising During Period Before Tax
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CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Before Reclassification Adjustments Tax
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CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
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153000000 USD
CY2019 mo Other Comprehensive Income Loss Defined Benefit Planafter Reclassification Adjustmentafter Tax Including Cumulative Effect Adjustment
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CY2018 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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CY2018 mo Other Comprehensive Income Loss Reclassification Adjustmentfrom Aoci Pensionand Other Postretirement Benefit Plansfor Other Net Gain Lossbefore Tax
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3000000 USD
CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
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61000000 USD
CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
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