2020 Q3 Form 10-Q Financial Statement

#000106528020000451 Filed on October 22, 2020

View on sec.gov

Income Statement

Concept 2020 Q3 2019 Q3 2019 Q2
Revenue $6.436B $5.245B $4.923B
YoY Change 22.7% 31.14% 26.0%
Cost Of Revenue $3.868B $3.098B $3.006B
YoY Change 24.85% 22.39% 25.11%
Gross Profit $2.568B $2.147B $1.917B
YoY Change 19.6% 46.23% 27.42%
Gross Profit Margin 39.9% 40.93% 38.95%
Selling, General & Admin $799.2M $787.0M $827.8M
YoY Change 1.56% 15.91% 11.33%
% of Gross Profit 31.12% 36.65% 43.17%
Research & Development $453.8M $379.8M $383.2M
YoY Change 19.49% 23.06% 28.13%
% of Gross Profit 17.67% 17.69% 19.99%
Depreciation & Amortization $2.762B $2.307B $2.257B
YoY Change 19.75% 19.34% 22.85%
% of Gross Profit 107.57% 107.44% 117.73%
Operating Expenses $1.253B $1.167B $1.211B
YoY Change 7.39% 18.14% 16.15%
Operating Profit $1.315B $980.2M $706.4M
YoY Change 34.14% 103.93% 52.83%
Interest Expense $197.1M $160.7M $152.0M
YoY Change 22.67% 47.58% 49.63%
% of Operating Profit 14.99% 16.39% 21.52%
Other Income/Expense, Net -$256.3M $192.7M -$53.47M
YoY Change -232.99% 2651.91% -178.6%
Pretax Income $861.5M $1.012B $500.9M
YoY Change -14.9% 167.24% 16.86%
Income Tax $71.48M $347.1M $230.3M
% Of Pretax Income 8.3% 34.29% 45.97%
Net Earnings $790.0M $665.2M $270.7M
YoY Change 18.75% 65.14% -29.58%
Net Earnings / Revenue 12.28% 12.68% 5.5%
Basic Earnings Per Share $1.79 $1.52 $0.62
Diluted Earnings Per Share $1.74 $1.47 $0.60
COMMON SHARES
Basic Shares Outstanding 441.5M shares 438.1M shares 437.6M shares
Diluted Shares Outstanding 455.1M shares 451.6M shares 452.2M shares

Balance Sheet

Concept 2020 Q3 2019 Q3 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $8.392B $4.435B $5.004B
YoY Change 89.22% 44.56% 28.11%
Cash & Equivalents $8.392B $4.435B $5.004B
Short-Term Investments
Other Short-Term Assets $1.434B $892.7M $872.9M
YoY Change 60.64% 32.35% 37.06%
Inventory
Prepaid Expenses $209.2M $187.9M $184.0M
Receivables $604.8M $466.2M $492.0M
Other Receivables $620.1M $0.00 $0.00
Total Short-Term Assets $9.826B $5.328B $5.877B
YoY Change 84.44% -38.97% -37.12%
LONG-TERM ASSETS
Property, Plant & Equipment $828.1M $482.0M $452.4M
YoY Change 71.81% 29.86% 29.39%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.900B $1.897B $1.896B
YoY Change 52.89% 121.44% 180.92%
Total Long-Term Assets $28.80B $25.61B $24.29B
YoY Change 12.42% 75.0% 82.43%
TOTAL ASSETS
Total Short-Term Assets $9.826B $5.328B $5.877B
Total Long-Term Assets $28.80B $25.61B $24.29B
Total Assets $38.62B $30.94B $30.17B
YoY Change 24.82% 32.42% 33.13%
SHORT-TERM LIABILITIES
YoY Change -5.37% 5.37% 6.76%
Accounts Payable $541.3M $444.1M $442.2M
YoY Change 21.88% 0.61% -1.34%
Accrued Expenses $1.259B $1.038B $750.8M
YoY Change 21.34% 96.88% 91.24%
Deferred Revenue $1.040B $915.5M $892.8M
YoY Change 13.6%
Short-Term Debt $500.0M $0.00 $0.00
YoY Change
Long-Term Debt Due $500.0M
YoY Change
Total Short-Term Liabilities $7.940B $7.258B $6.934B
YoY Change 9.4% 15.24% 14.05%
LONG-TERM LIABILITIES
Long-Term Debt $15.55B $12.43B $12.59B
YoY Change 25.12% 49.05% 50.97%
Other Long-Term Liabilities $1.875B $977.0M $973.2M
YoY Change 91.94% 663.72% 589.89%
Total Long-Term Liabilities $20.35B $16.82B $17.13B
YoY Change 20.97% 39.51% 41.73%
TOTAL LIABILITIES
Total Short-Term Liabilities $7.940B $7.258B $6.934B
Total Long-Term Liabilities $20.35B $16.82B $17.13B
Total Liabilities $28.29B $24.08B $24.07B
YoY Change 17.48% 31.18% 32.47%
SHAREHOLDERS EQUITY
Retained Earnings $7.031B $4.225B $3.560B
YoY Change 66.42% 50.43% 47.97%
Common Stock $3.303B $2.678B $2.566B
YoY Change 23.36% 20.86% 22.01%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $10.33B $6.862B $6.106B
YoY Change
Total Liabilities & Shareholders Equity $38.62B $30.94B $30.17B
YoY Change 24.82% 32.42% 33.13%

Cashflow Statement

Concept 2020 Q3 2019 Q3 2019 Q2
OPERATING ACTIVITIES
Net Income $790.0M $665.2M $270.7M
YoY Change 18.75% 65.14% -29.58%
Depreciation, Depletion And Amortization $2.762B $2.307B $2.257B
YoY Change 19.75% 19.34% 22.85%
Cash From Operating Activities $1.264B -$501.8M -$543.8M
YoY Change -351.85% -27.32% 4.92%
INVESTING ACTIVITIES
Capital Expenditures $109.8M $45.33M $39.58M
YoY Change 142.23% 15.25% 44.87%
Acquisitions
YoY Change
Other Investing Activities $8.840M $4.021M $10.45M
YoY Change 119.85% -96.69% 2270.07%
Cash From Investing Activities -$118.7M -$49.35M -$50.04M
YoY Change 140.41% -70.74% 24.11%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net $0.00
YoY Change
Cash From Financing Activities $68.67M $11.99M $2.247B
YoY Change 472.73% -58.99% 17.67%
NET CHANGE
Cash From Operating Activities $1.264B -$501.8M -$543.8M
Cash From Investing Activities -$118.7M -$49.35M -$50.04M
Cash From Financing Activities $68.67M $11.99M $2.247B
Net Change In Cash $1.242B -$568.5M $1.658B
YoY Change -318.52% -31.95% 26.14%
FREE CASH FLOW
Cash From Operating Activities $1.264B -$501.8M -$543.8M
Capital Expenditures $109.8M $45.33M $39.58M
Free Cash Flow $1.154B -$547.1M -$583.3M
YoY Change -310.91% -25.02% 6.92%

Facts In Submission

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us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
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CY2019Q3 us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Payments To Acquire Property Plant And Equipment
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CY2020Q3 us-gaap Payments For Proceeds From Other Investing Activities
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us-gaap Payments For Proceeds From Other Investing Activities
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CY2019Q3 us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Proceeds From Issuance Of Debt
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us-gaap Proceeds From Issuance Of Debt
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CY2019Q3 us-gaap Payments Of Debt Issuance Costs
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us-gaap Payments Of Debt Issuance Costs
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us-gaap Payments Of Debt Issuance Costs
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us-gaap Proceeds From Stock Options Exercised
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us-gaap Net Cash Provided By Used In Financing Activities
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Assets
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Assets
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CY2020Q3 us-gaap Stockholders Equity
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CY2019Q3 us-gaap Stockholders Equity
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us-gaap Use Of Estimates
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The preparation of consolidated financial statements in conformity with U.S. generally accepted accounting principles (“GAAP”) requires management to make estimates and judgments that affect the amounts reported in the consolidated financial statements and accompanying notes. Significant items subject to such estimates and assumptions include the content asset amortization policy and the recognition and measurement of income tax assets and liabilities. The Company bases its estimates on historical experience and on various other assumptions that the Company believes to be reasonable under the circumstances. On a regular basis, the Company evaluates the assumptions, judgments and estimates. Actual results may differ from these estimates.
CY2020Q3 us-gaap Contract With Customer Liability Current
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1040000000 USD
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us-gaap Net Income Loss
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2219239000 USD
us-gaap Net Income Loss
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1279946000 USD
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CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
440486000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
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1.79
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us-gaap Earnings Per Share Basic
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5.04
us-gaap Earnings Per Share Basic
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CY2020Q3 us-gaap Net Income Loss
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us-gaap Net Income Loss
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2219239000 USD
us-gaap Net Income Loss
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1279946000 USD
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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441526000 shares
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
438090000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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437547000 shares
CY2020Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2019Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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455088000 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
451552000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
453846000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2020Q3 us-gaap Earnings Per Share Diluted
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1.74
CY2019Q3 us-gaap Earnings Per Share Diluted
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1.47
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.89
us-gaap Earnings Per Share Diluted
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2.83
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CY2019Q4 nflx Content Assets Net
ContentAssetsNet
24504567000 USD
CY2020Q3 nflx Costof Services Amortizationof Streaming Content Assets
CostofServicesAmortizationofStreamingContentAssets
2733743000 USD
CY2019Q3 nflx Costof Services Amortizationof Streaming Content Assets
CostofServicesAmortizationofStreamingContentAssets
2279977000 USD
nflx Costof Services Amortizationof Streaming Content Assets
CostofServicesAmortizationofStreamingContentAssets
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nflx Costof Services Amortizationof Streaming Content Assets
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CY2020Q3 us-gaap Property Plant And Equipment Gross
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CY2019Q3 nflx Payments For Amounts In Lease Liabilities Operating Activities
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CY2020Q3 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2019Q3 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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592000000 USD
CY2020Q3 us-gaap Trade Receivables Held For Sale Amount
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604789000 USD
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454399000 USD
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CY2020Q3 us-gaap Notes Payable
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CY2020Q3 us-gaap Long Term Debt Fair Value
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CY2019Q4 us-gaap Long Term Debt Fair Value
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1258639000 USD
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LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths
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CY2020Q3 us-gaap Long Term Debt
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CY2019Q4 us-gaap Long Term Debt
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CY2020Q3 us-gaap Purchase Obligation
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CY2020Q3 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
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CY2019Q4 us-gaap Purchase Obligation
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CY2019Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
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11800000000 USD
CY2020Q3 us-gaap Purchase Obligation Future Minimum Payments Remainder Of Fiscal Year
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CY2019Q4 us-gaap Purchase Obligation Future Minimum Payments Remainder Of Fiscal Year
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CY2020Q3 us-gaap Purchase Obligation Due In Second And Third Year
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CY2019Q4 us-gaap Purchase Obligation Due In Second And Third Year
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CY2020Q3 us-gaap Purchase Obligation Due In Fourth And Fifth Year
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1956565000 USD
CY2019Q4 us-gaap Purchase Obligation Due In Fourth And Fifth Year
PurchaseObligationDueInFourthAndFifthYear
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CY2020Q3 us-gaap Purchase Obligation Due After Fifth Year
PurchaseObligationDueAfterFifthYear
442769000 USD
CY2019Q4 us-gaap Purchase Obligation Due After Fifth Year
PurchaseObligationDueAfterFifthYear
618644000 USD
CY2020Q3 us-gaap Purchase Obligation
PurchaseObligation
19072254000 USD
CY2019Q4 us-gaap Purchase Obligation
PurchaseObligation
19490082000 USD
CY2020Q3 us-gaap Other Commitment
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CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
6111561 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
20859326 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
124.28
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
17500000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
1498232 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
1498232 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
412.45
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
2988359 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
67.58
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
188 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
13.38
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
22113329 shares
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
19369011 shares
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
155.32
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
19369011 shares
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
155.32
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
6684000000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y5M19D
CY2020Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
24292000 USD
CY2019Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
22679000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
68435000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
69152000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
321859000 USD
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
119439000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
1067241000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
513213000 USD
CY2020Q3 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
68665000 USD
CY2019Q3 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
11989000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
201419000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
56857000 USD
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.45
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.38
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0067
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0192
CY2020Q3 nflx Sharebased Compensation Arrangementby Sharebased Payment Award Fair Value Assumptions Suboptimal Exercise Factor
SharebasedCompensationArrangementbySharebasedPaymentAwardFairValueAssumptionsSuboptimalExerciseFactor
3.62
CY2019Q3 nflx Sharebased Compensation Arrangementby Sharebased Payment Award Fair Value Assumptions Suboptimal Exercise Factor
SharebasedCompensationArrangementbySharebasedPaymentAwardFairValueAssumptionsSuboptimalExerciseFactor
3.19
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
264
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
154
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
205
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
165
CY2020Q3 us-gaap Share Based Compensation
ShareBasedCompensation
106357000 USD
CY2019Q3 us-gaap Share Based Compensation
ShareBasedCompensation
100262000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
307586000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
305310000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
71484000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
347079000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
473693000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
632952000 USD
CY2020Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.08
CY2019Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.34
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.18
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.33
CY2020Q3 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-66000000 USD
us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-223000000 USD
CY2019Q3 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-27000000 USD
us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-114000000 USD
CY2020Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
85000000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
67000000 USD
CY2020Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
49000000 USD
CY2020Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
371000000 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
135000000 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment

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