2015 Form 10-K Financial Statement

#000151029516000078 Filed on February 26, 2016

View on sec.gov

Income Statement

Concept 2015 2014 Q4 2014 Q3
Revenue $72.05B $22.25B $25.44B
YoY Change -26.34% -10.63% -3.12%
Cost Of Revenue $63.88B $20.74B $23.81B
YoY Change -30.12% -10.51% -5.19%
Gross Profit $8.374B $1.598B $1.665B
YoY Change 25.64% -8.95% 44.03%
Gross Profit Margin 11.62% 7.18% 6.55%
Selling, General & Admin $1.576B $473.0M $342.0M
YoY Change 14.62% 13.43% 12.13%
% of Gross Profit 18.82% 29.6% 20.54%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.502B $359.0M $322.0M
YoY Change 13.27% 8.13% 7.69%
% of Gross Profit 17.94% 22.47% 19.34%
Operating Expenses $1.576B $832.0M $342.0M
YoY Change 14.62% 11.08% 12.13%
Operating Profit $4.692B $1.259B $1.062B
YoY Change 15.82% 24.9% 252.82%
Interest Expense $6.000M $420.0M $95.00M
YoY Change -97.7% -1150.0% -143.78%
% of Operating Profit 0.13% 33.36% 8.95%
Other Income/Expense, Net -$25.00M -$6.000M -$50.00M
YoY Change 19.05% 6.38%
Pretax Income $4.374B $1.187B $1.012B
YoY Change 14.05% 22.5% 298.43%
Income Tax $1.506B $382.0M $333.0M
% Of Pretax Income 34.43% 32.18% 32.91%
Net Earnings $2.852B $798.0M $672.0M
YoY Change 13.0% 27.48% 300.0%
Net Earnings / Revenue 3.96% 3.59% 2.64%
Basic Earnings Per Share $5.29 $1.44 $1.19
Diluted Earnings Per Share $5.26 $1.43 $1.18
COMMON SHARES
Basic Shares Outstanding 538.0M shares 280.2M shares 565.0M shares
Diluted Shares Outstanding 542.0M shares 569.0M shares

Balance Sheet

Concept 2015 2014 Q4 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.127B $1.494B $1.854B
YoY Change -24.56% -34.82% -8.13%
Cash & Equivalents $1.127B $1.494B $1.854B
Short-Term Investments
Other Short-Term Assets $192.0M $145.0M $154.0M
YoY Change 32.41% -26.4% -25.24%
Inventory $5.225B $5.642B $5.608B
Prepaid Expenses
Receivables $2.927B $4.058B $5.271B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $9.471B $11.34B $12.89B
YoY Change -16.47% -10.98% -4.76%
LONG-TERM ASSETS
Property, Plant & Equipment $25.16B $16.26B $16.00B
YoY Change 54.75% 16.81% 15.98%
Goodwill $1.566B $1.537B
YoY Change 66.95% 63.86%
Intangibles $287.0M
YoY Change
Long-Term Investments $3.622B $865.0M $862.0M
YoY Change 318.73% 86.83% 106.71%
Other Assets $839.0M $394.0M $420.0M
YoY Change 112.94% 20.86% 30.43%
Total Long-Term Assets $33.64B $19.09B $18.82B
YoY Change 76.28% 21.97% 21.63%
TOTAL ASSETS
Total Short-Term Assets $9.471B $11.34B $12.89B
Total Long-Term Assets $33.64B $19.09B $18.82B
Total Assets $43.12B $30.43B $31.71B
YoY Change 41.71% 7.19% 9.32%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.743B $6.661B $8.726B
YoY Change -28.79% -19.1% -2.62%
Accrued Expenses $963.0M $890.0M $710.0M
YoY Change 8.2% 14.25% 14.89%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $29.00M $27.00M $26.00M
YoY Change 7.41% 17.39% 13.04%
Total Short-Term Liabilities $6.345B $8.579B $10.37B
YoY Change -26.04% -12.67% -0.28%
LONG-TERM LIABILITIES
Long-Term Debt $11.90B $6.575B $6.238B
YoY Change 80.93% 94.93% 84.56%
Other Long-Term Liabilities $1.914B $1.867B $1.664B
YoY Change 2.52% 20.3% -3.82%
Total Long-Term Liabilities $13.81B $8.442B $7.902B
YoY Change 63.59% 71.41% 54.64%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.345B $8.579B $10.37B
Total Long-Term Liabilities $13.81B $8.442B $7.902B
Total Liabilities $29.88B $19.04B $20.44B
YoY Change 51.87% 11.62% 15.22%
SHAREHOLDERS EQUITY
Retained Earnings $7.515B $6.856B
YoY Change 36.46% 36.93%
Common Stock $9.848B $9.837B
YoY Change 0.78% 0.87%
Preferred Stock
YoY Change
Treasury Stock (at cost) $6.299B $5.616B
YoY Change 51.6% 51.66%
Treasury Stock Shares 179.0M shares 82.00M shares
Shareholders Equity $13.24B $10.75B $10.85B
YoY Change
Total Liabilities & Shareholders Equity $43.12B $30.43B $31.71B
YoY Change 41.71% 7.19% 9.32%

Cashflow Statement

Concept 2015 2014 Q4 2014 Q3
OPERATING ACTIVITIES
Net Income $2.852B $798.0M $672.0M
YoY Change 13.0% 27.48% 300.0%
Depreciation, Depletion And Amortization $1.502B $359.0M $322.0M
YoY Change 13.27% 8.13% 7.69%
Cash From Operating Activities $4.073B $388.0M $1.078B
YoY Change 30.96% -71.37% 164.86%
INVESTING ACTIVITIES
Capital Expenditures $1.998B -$528.0M -$383.0M
YoY Change 35.0% 11.63% 23.95%
Acquisitions $1.218B
YoY Change -56.82%
Other Investing Activities -$81.00M $9.000M -$2.960B
YoY Change -40.0% -128.13% 12233.33%
Cash From Investing Activities -$3.441B -$519.0M -$3.343B
YoY Change -24.26% 2.77% 903.9%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $932.0M $301.0M
YoY Change -55.72% -70.72%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$999.0M -229.0M 1.994B
YoY Change -257.32% -60.24% -277.24%
NET CHANGE
Cash From Operating Activities $4.073B 388.0M 1.078B
Cash From Investing Activities -$3.441B -519.0M -3.343B
Cash From Financing Activities -$999.0M -229.0M 1.994B
Net Change In Cash -$367.0M -360.0M -271.0M
YoY Change -54.01% -231.39% -74.22%
FREE CASH FLOW
Cash From Operating Activities $4.073B $388.0M $1.078B
Capital Expenditures $1.998B -$528.0M -$383.0M
Free Cash Flow $2.075B $916.0M $1.461B
YoY Change 27.3% -49.89% 104.05%

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348000000 USD
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4860000000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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2292000000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2015 us-gaap Cash And Cash Equivalents Period Increase Decrease
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CY2014Q4 us-gaap Commitments And Contingencies
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CY2015Q4 us-gaap Commitments And Contingencies
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CY2014Q1 us-gaap Common Stock Dividends Per Share Cash Paid
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CY2014Q2 us-gaap Common Stock Dividends Per Share Cash Paid
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0.21
CY2014Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.25
CY2014Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.25
CY2014 us-gaap Common Stock Dividends Per Share Cash Paid
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0.92
CY2015Q1 us-gaap Common Stock Dividends Per Share Cash Paid
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CommonStockDividendsPerShareCashPaid
0.25
CY2015Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.32
CY2015Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.32
CY2015 us-gaap Common Stock Dividends Per Share Cash Paid
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1.14
CY2015Q4 us-gaap Common Stock Par Or Stated Value Per Share
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0.01
CY2015Q4 us-gaap Common Stock Shares Authorized
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1000000000 shares
CY2014Q4 us-gaap Common Stock Shares Issued
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CY2015Q4 us-gaap Common Stock Value
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CY2013 us-gaap Comprehensive Income Net Of Tax
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CY2015 us-gaap Comprehensive Income Net Of Tax
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CY2013 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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CY2014 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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CY2015 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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CY2013 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2014 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2015 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2013 us-gaap Costs And Expenses
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CY2015 us-gaap Costs And Expenses
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CY2014 us-gaap Costs And Expenses Related Party
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CY2015 us-gaap Costs And Expenses Related Party
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308000000 USD
CY2014Q4 us-gaap Crude Oil And Natural Gas Liquids
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2219000000 USD
CY2015Q4 us-gaap Crude Oil And Natural Gas Liquids
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2180000000 USD
CY2013 us-gaap Current Federal Tax Expense Benefit
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954000000 USD
CY2014 us-gaap Current Federal Tax Expense Benefit
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1382000000 USD
CY2015 us-gaap Current Federal Tax Expense Benefit
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1210000000 USD
CY2013 us-gaap Current Foreign Tax Expense Benefit
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5000000 USD
CY2014 us-gaap Current Foreign Tax Expense Benefit
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5000000 USD
CY2015 us-gaap Current Foreign Tax Expense Benefit
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10000000 USD
CY2013 us-gaap Current Income Tax Expense Benefit
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1090000000 USD
CY2014 us-gaap Current Income Tax Expense Benefit
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CY2015 us-gaap Current Income Tax Expense Benefit
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CY2013 us-gaap Current State And Local Tax Expense Benefit
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CY2014 us-gaap Current State And Local Tax Expense Benefit
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135000000 USD
CY2015 us-gaap Current State And Local Tax Expense Benefit
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152000000 USD
CY2014Q4 us-gaap Debt And Capital Lease Obligations
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CY2015Q4 us-gaap Debt And Capital Lease Obligations
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CY2015Q4 us-gaap Debt Current
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26000000 USD
CY2015Q4 us-gaap Debt Instrument Unamortized Discount
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499000000 USD
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CY2015Q4 us-gaap Deferred Credits And Other Liabilities Noncurrent
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CY2014 us-gaap Deferred Federal Income Tax Expense Benefit
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-5000000 USD
CY2014 us-gaap Deferred Foreign Income Tax Expense Benefit
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-6000000 USD
CY2015 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2013 us-gaap Deferred Income Tax Expense Benefit
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CY2014 us-gaap Deferred Income Tax Expense Benefit
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CY2015 us-gaap Deferred Income Tax Expense Benefit
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CY2015Q4 us-gaap Deferred Income Tax Liabilities
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CY2014 us-gaap Deferred State And Local Income Tax Expense Benefit
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9000000 USD
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24000000 USD
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CY2015Q4 us-gaap Deferred Tax Assets Net
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CY2015Q4 us-gaap Deferred Tax Liabilities Gross Current
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CY2015Q4 us-gaap Deferred Tax Liabilities Investment In Noncontrolled Affiliates
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45000000 USD
CY2015 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Service And Interest Cost Components
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CY2015Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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1570000000 USD
CY2015 us-gaap Defined Benefit Plan Investment Goals
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The overall expected long-term return on plan assets assumption is determined based on an asset rate-of-return modeling tool developed by a third-party investment group. The tool utilizes underlying assumptions based on actual returns by asset category and inflation and takes into account our asset allocation to derive an expected long-term rate of return on those assets. Capital market assumptions reflect the long-term capital market outlook. The assumptions for equity and fixed income investments are developed using a building-block approach, reflecting observable inflation information and interest rate information available in the fixed income markets. Long-term assumptions for other asset categories are based on historical results, current market characteristics and the professional judgment of our internal and external investment teams.
CY2014Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
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2009000000 USD
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1918000000 USD
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1744000000 USD
CY2015Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
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1570000000 USD
CY2014Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
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2075000000 USD
CY2015Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
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CY2013 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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76000000 USD
CY2014 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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86000000 USD
CY2015 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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CY2013 us-gaap Depreciation Depletion And Amortization
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1220000000 USD
CY2014 us-gaap Depreciation Depletion And Amortization
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CY2015 us-gaap Depreciation Depletion And Amortization
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CY2014Q4 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
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CY2015Q4 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
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CY2013 us-gaap Dividends Common Stock Cash
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CY2015Q4 us-gaap Due From Related Parties Current
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CY2014Q4 us-gaap Due To Related Parties Current
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CY2015Q4 us-gaap Due To Related Parties Current
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42000000 USD
CY2013 us-gaap Earnings Per Share Basic
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3.34
CY2014Q1 us-gaap Earnings Per Share Basic
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0.34
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1.49
CY2014Q3 us-gaap Earnings Per Share Basic
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1.19
CY2014Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.44
CY2014 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.42
CY2015Q1 us-gaap Earnings Per Share Basic
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1.63
CY2015Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.52
CY2015Q3 us-gaap Earnings Per Share Basic
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1.77
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
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0.02
CY2015Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.35
CY2015 us-gaap Earnings Per Share Basic
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5.29
CY2013 us-gaap Earnings Per Share Diluted
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3.32
CY2014Q1 us-gaap Earnings Per Share Diluted
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0.34
CY2014Q2 us-gaap Earnings Per Share Diluted
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1.48
CY2014Q3 us-gaap Earnings Per Share Diluted
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1.18
CY2014Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.43
CY2014 us-gaap Earnings Per Share Diluted
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4.39
CY2015Q1 us-gaap Earnings Per Share Diluted
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1.62
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1.51
CY2015Q3 us-gaap Earnings Per Share Diluted
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1.76
CY2015Q4 us-gaap Earnings Per Share Diluted
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0.35
CY2015 us-gaap Earnings Per Share Diluted
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5.26
CY2013 us-gaap Effect Of Lifo Inventory Liquidation On Income
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0 USD
CY2014 us-gaap Effect Of Lifo Inventory Liquidation On Income
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0 USD
CY2015 us-gaap Effect Of Lifo Inventory Liquidation On Income
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78000000 USD
CY2013 us-gaap Effective Income Tax Rate Continuing Operations
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0.34
CY2014 us-gaap Effective Income Tax Rate Continuing Operations
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0.33
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
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0.34
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
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0.02
CY2015 us-gaap Effective Income Tax Rate Reconciliation Deductions Other
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0.02
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-0.02
CY2014 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.02
CY2015 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.01
CY2013 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.03
CY2014 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.02
CY2015 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.02
CY2014Q4 us-gaap Employee Related Liabilities Current
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427000000 USD
CY2015Q4 us-gaap Employee Related Liabilities Current
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503000000 USD
CY2013 us-gaap Employee Service Share Based Compensation Cash Received From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationCashReceivedFromExerciseOfStockOptions
48000000 USD
CY2014 us-gaap Employee Service Share Based Compensation Cash Received From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationCashReceivedFromExerciseOfStockOptions
26000000 USD
CY2015 us-gaap Employee Service Share Based Compensation Cash Received From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationCashReceivedFromExerciseOfStockOptions
33000000 USD
CY2013 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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15000000 USD
CY2014 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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15000000 USD
CY2015 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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16000000 USD
CY2013 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
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18000000 USD
CY2014 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitRealizedFromExerciseOfStockOptions
19000000 USD
CY2015 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitRealizedFromExerciseOfStockOptions
26000000 USD
CY2015Q4 us-gaap Equity Method Investment Difference Between Carrying Amount And Underlying Equity
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1070000000 USD
CY2013 us-gaap Equity Method Investment Dividends Or Distributions
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18000000 USD
CY2014 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
170000000 USD
CY2015 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
113000000 USD
CY2014Q4 us-gaap Equity Method Investment Summarized Financial Information Current Assets
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990000000 USD
CY2015 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
1390000000 USD
CY2014Q4 us-gaap Equity Method Investments
EquityMethodInvestments
865000000 USD
CY2015Q4 us-gaap Equity Method Investments
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3622000000 USD
CY2014Q4 us-gaap Excess Of Replacement Or Current Costs Over Stated Lifo Value
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684000000 USD
CY2015 us-gaap Equity Method Investment Summarized Financial Information Income Loss From Continuing Operations Before Extraordinary Items
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332000000 USD
CY2013 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
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63000000 USD
CY2013 us-gaap Excise And Sales Taxes
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6263000000 USD
CY2014 us-gaap Excise And Sales Taxes
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6685000000 USD
CY2015Q4 us-gaap Equity Method Investment Summarized Financial Information Current Assets
EquityMethodInvestmentSummarizedFinancialInformationCurrentAssets
906000000 USD
CY2014Q4 us-gaap Equity Method Investment Summarized Financial Information Current Liabilities
EquityMethodInvestmentSummarizedFinancialInformationCurrentLiabilities
280000000 USD
CY2015Q4 us-gaap Equity Method Investment Summarized Financial Information Current Liabilities
EquityMethodInvestmentSummarizedFinancialInformationCurrentLiabilities
468000000 USD
CY2013 us-gaap Equity Method Investment Summarized Financial Information Income Loss From Continuing Operations Before Extraordinary Items
EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromContinuingOperationsBeforeExtraordinaryItems
87000000 USD
CY2014 us-gaap Equity Method Investment Summarized Financial Information Income Loss From Continuing Operations Before Extraordinary Items
EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromContinuingOperationsBeforeExtraordinaryItems
379000000 USD
CY2014 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
316000000 USD
CY2015 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
239000000 USD
CY2014Q4 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Assets
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentAssets
2166000000 USD
CY2015Q4 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Assets
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentAssets
6418000000 USD
CY2014Q4 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Liabilities
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentLiabilities
957000000 USD
CY2015Q4 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Liabilities
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentLiabilities
1130000000 USD
CY2013 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
1067000000 USD
CY2014 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
1430000000 USD
CY2015 us-gaap Excise And Sales Taxes
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CY2013 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
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CY2014 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
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CY2015 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
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CY2013 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
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600000000 USD
CY2014 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
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0 USD
CY2015 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
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0 USD
CY2013 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
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0 USD
CY2014 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
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180000000 USD
CY2015 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
189000000 USD
CY2012Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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0 USD
CY2013Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
625000000 USD
CY2014Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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478000000 USD
CY2015Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
342000000 USD
CY2013 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
0 USD
CY2014 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
0 USD
CY2015 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
2000000 USD
CY2014Q4 us-gaap Fair Value Option Aggregate Differences Long Term Debt Instruments
FairValueOptionAggregateDifferencesLongTermDebtInstruments
6000000 USD
CY2015Q4 us-gaap Fair Value Option Aggregate Differences Long Term Debt Instruments
FairValueOptionAggregateDifferencesLongTermDebtInstruments
0 USD
CY2013 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
974000000 USD
CY2014 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
1183000000 USD
CY2015 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
1344000000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
116000000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
137000000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
48000000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
47000000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
44000000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
45000000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
45000000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Gross
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403000000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Gross
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CY2014 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
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CY2015 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
1000000 USD
CY2013 us-gaap Gain Loss On Disposition Of Assets
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6000000 USD
CY2014 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
21000000 USD
CY2015 us-gaap Gain Loss On Disposition Of Assets
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7000000 USD
CY2013 us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
CY2014 us-gaap Gains Losses On Extinguishment Of Debt
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CY2015 us-gaap Gains Losses On Extinguishment Of Debt
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CY2013Q4 us-gaap Goodwill
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CY2014Q4 us-gaap Goodwill
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629000000 USD
CY2015 us-gaap Goodwill Acquired During Period
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2454000000 USD
CY2014 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2015 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2014 us-gaap Goodwill Written Off Related To Sale Of Business Unit
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1000000 USD
CY2015 us-gaap Goodwill Written Off Related To Sale Of Business Unit
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1000000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3246000000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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3835000000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
4374000000 USD
CY2013 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
36000000 USD
CY2014 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
153000000 USD
CY2015 us-gaap Income Loss From Equity Method Investments
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88000000 USD
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18000000 USD
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CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2014 us-gaap Income Tax Expense Benefit
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1280000000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1506000000 USD
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1099000000 USD
CY2014 us-gaap Income Taxes Paid Net
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1362000000 USD
CY2015 us-gaap Income Taxes Paid Net
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1605000000 USD
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940000000 USD
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305000000 USD
CY2014 us-gaap Increase Decrease In Inventories
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786000000 USD
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179000000 USD
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216000000 USD
CY2015 us-gaap Interest And Debt Expense
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318000000 USD
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28000000 USD
CY2014 us-gaap Interest Costs Capitalized Adjustment
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27000000 USD
CY2015 us-gaap Interest Costs Capitalized Adjustment
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37000000 USD
CY2013 us-gaap Interest Expense Debt
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195000000 USD
CY2014 us-gaap Interest Expense Debt
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229000000 USD
CY2015 us-gaap Interest Expense Debt
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325000000 USD
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161000000 USD
CY2014 us-gaap Interest Paid Net
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166000000 USD
CY2015 us-gaap Interest Paid Net
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272000000 USD
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5225000000 USD
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0 USD
CY2015Q4 us-gaap Inventory Valuation Reserves
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370000000 USD
CY2013 us-gaap Inventory Write Down
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0 USD
CY2014 us-gaap Inventory Write Down
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0 USD
CY2015 us-gaap Inventory Write Down
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370000000 USD
CY2013 us-gaap Investment Income Interest
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9000000 USD
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7000000 USD
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6000000 USD
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19035000000 USD
CY2015Q4 us-gaap Liabilities
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23440000000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
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30425000000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
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43115000000 USD
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29000000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
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1560000000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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977000000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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630000000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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28000000 USD
CY2014 us-gaap Long Term Purchase Commitment Amount
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1700000000 USD
CY2015 us-gaap Long Term Purchase Commitment Amount
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1600000000 USD
CY2014Q4 us-gaap Minority Interest
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21000000 USD
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CY2014Q4 us-gaap Net Income Loss
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CY2014 us-gaap Net Income Loss
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635000000 USD
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CY2014 us-gaap Net Cash Provided By Used In Operating Activities
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3110000000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
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CY2013 us-gaap Net Income Loss
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CY2014Q1 us-gaap Net Income Loss
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199000000 USD
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27000000 USD
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40000000 USD
CY2013 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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21000000 USD
CY2014 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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31000000 USD
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CY2013 us-gaap Net Income Loss Available To Common Stockholders Basic
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2108000000 USD
CY2014 us-gaap Net Income Loss Available To Common Stockholders Basic
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2520000000 USD
CY2015 us-gaap Net Income Loss Available To Common Stockholders Basic
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2848000000 USD
CY2013 us-gaap Net Income Loss Available To Common Stockholders Diluted
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2108000000 USD
CY2014 us-gaap Net Income Loss Available To Common Stockholders Diluted
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2520000000 USD
CY2015 us-gaap Net Income Loss Available To Common Stockholders Diluted
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2848000000 USD
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13000000 USD
CY2015 us-gaap Number Of Reportable Segments
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3 Segment
CY2013 us-gaap Operating Income Loss
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CY2014Q1 us-gaap Operating Income Loss
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CY2015Q1 us-gaap Operating Income Loss
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1470000000 USD
CY2015Q2 us-gaap Operating Income Loss
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CY2015Q3 us-gaap Operating Income Loss
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CY2015Q4 us-gaap Operating Income Loss
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CY2015 us-gaap Operating Income Loss
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186000000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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212000000 USD
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185000000 USD
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186000000 USD
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185000000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
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184000000 USD
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CY2014 us-gaap Operating Leases Income Statement Lease Revenue
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CY2014 us-gaap Operating Leases Rent Expense Net
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CY2015 us-gaap Operating Leases Rent Expense Net
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331000000 USD
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CY2015Q4 us-gaap Other Assets Current
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CY2014Q4 us-gaap Other Assets Noncurrent
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394000000 USD
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839000000 USD
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-50000000 USD
CY2015 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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-50000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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CY2015 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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260000000 USD
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CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
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37000000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
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4000000 USD
CY2013 us-gaap Other Financial Services Costs
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21000000 USD
CY2014 us-gaap Other Financial Services Costs
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21000000 USD
CY2015 us-gaap Other Financial Services Costs
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31000000 USD
CY2014Q4 us-gaap Other Inventory Supplies
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302000000 USD
CY2015Q4 us-gaap Other Inventory Supplies
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438000000 USD
CY2014Q4 us-gaap Other Liabilities Current
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354000000 USD
CY2015Q4 us-gaap Other Liabilities Current
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426000000 USD
CY2013 us-gaap Other Operating Activities Cash Flow Statement
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CY2014 us-gaap Other Operating Activities Cash Flow Statement
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18000000 USD
CY2015 us-gaap Other Operating Activities Cash Flow Statement
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CY2013 us-gaap Other Operating Income
OtherOperatingIncome
52000000 USD
CY2014 us-gaap Other Operating Income
OtherOperatingIncome
111000000 USD
CY2015 us-gaap Other Operating Income
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112000000 USD
CY2013 us-gaap Other Significant Noncash Transaction Value Of Consideration Given1
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43000000 USD
CY2014 us-gaap Other Significant Noncash Transaction Value Of Consideration Given1
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
4000000 USD
CY2015 us-gaap Other Significant Noncash Transaction Value Of Consideration Given1
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
5000000 USD
CY2013 us-gaap Other Significant Noncash Transaction Value Of Consideration Received1
OtherSignificantNoncashTransactionValueOfConsiderationReceived1
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CY2014 us-gaap Other Significant Noncash Transaction Value Of Consideration Received1
OtherSignificantNoncashTransactionValueOfConsiderationReceived1
4000000 USD
CY2015 us-gaap Other Significant Noncash Transaction Value Of Consideration Received1
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5000000 USD
CY2013 us-gaap Payments For Proceeds From Other Investing Activities
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CY2015 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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us-gaap Payments For Repurchase Of Common Stock
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7240000000 USD
CY2013 us-gaap Payments For Repurchase Of Common Stock
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2793000000 USD
CY2014 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2131000000 USD
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
965000000 USD
CY2013 us-gaap Payments Of Debt Issuance Costs
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4000000 USD
CY2014 us-gaap Payments Of Debt Issuance Costs
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22000000 USD
CY2015 us-gaap Payments Of Debt Issuance Costs
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21000000 USD
CY2013 us-gaap Payments Of Dividends Common Stock
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484000000 USD
CY2014 us-gaap Payments Of Dividends Common Stock
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CY2015 us-gaap Defined Benefit Plan Diversification
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The asset allocation strategy will change over time in response to changes primarily in funded status, which is dictated by current and anticipated market conditions, the independent actions of our investment committee, required cash flows to and from the plans and other factors deemed appropriate. Such changes in asset allocation are intended to allocate additional assets to the fixed income asset class should the funded status improve. The fixed income asset class shall be invested in such a manner that its interest rate sensitivity correlates highly with that of the plans&#8217; liabilities. Other asset classes are intended to provide additional return with associated higher levels of risk.</font></div></div>
CY2015 us-gaap Defined Benefit Plan Risk Management Practices
DefinedBenefitPlanRiskManagementPractices
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Investment performance and risk is measured and monitored on an ongoing basis through quarterly investment meetings and periodic asset and liability studies.</font></div></div>
CY2015 us-gaap Revenue Recognition Sales Of Goods
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Revenue recognition</font><font style="font-family:inherit;font-size:10pt;"> &#8211; Revenues are recognized when products are shipped or services are provided to customers, title is transferred, the sales price is fixed or determinable and collectability is reasonably assured.&#160;Costs associated with revenues are recorded in cost of revenues.&#160;Shipping and other transportation costs billed to our customers are presented on a gross basis in revenues and cost of revenues.</font></div><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Rebates from vendors are recognized as a reduction of cost of revenues when the initiating transaction occurs.&#160;Incentives that are derived from contractual provisions are accrued based on past experience and recognized in cost of revenues. Rebates to customers are reflected as a reduction of revenue and are accrued for in accounts payable on the consolidated balance sheets.</font></div></div>
CY2015 us-gaap Use Of Estimates
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of estimates</font><font style="font-family:inherit;font-size:10pt;"> &#8211; The preparation of financial statements in accordance with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the date of the consolidated financial statements and the reported amounts of revenues and expenses during the respective reporting periods.</font></div></div>

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