2018 Form 10-K Financial Statement

#000070216519000012 Filed on February 08, 2019

View on sec.gov

Income Statement

Concept 2018 2017 Q4 2017 Q3
Revenue $11.46B $2.669B $2.670B
YoY Change 8.6% 7.19% 5.78%
Cost Of Revenue $6.034B $1.438B $1.442B
YoY Change 4.16% -1.3% 5.1%
Gross Profit $5.424B $1.231B $1.228B
YoY Change 14.0% 19.17% 6.6%
Gross Profit Margin 47.34% 46.12% 45.99%
Selling, General & Admin $363.0M $68.00M
YoY Change 100.55% -8.11%
% of Gross Profit 6.69% 5.54%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.104B $268.0M $265.0M
YoY Change 4.25% 3.08% 2.32%
% of Gross Profit 20.35% 21.77% 21.58%
Operating Expenses $7.499B $233.0M $1.775B
YoY Change 6.69% -30.86% 4.17%
Operating Profit $3.959B $998.0M $895.0M
YoY Change 12.41% 31.14% 9.15%
Interest Expense $557.0M -$134.0M $134.0M
YoY Change 1.27% -5.63% -6.94%
% of Operating Profit 14.07% -13.43% 14.97%
Other Income/Expense, Net $67.00M $29.00M $39.00M
YoY Change -57.05% -66.67% 34.48%
Pretax Income $3.469B $893.0M $800.0M
YoY Change 10.9% 39.31% 13.48%
Income Tax $803.0M $256.0M $294.0M
% Of Pretax Income 23.15% 28.67% 36.75%
Net Earnings $2.666B $3.968B $506.0M
YoY Change -50.67% 853.85% 10.0%
Net Earnings / Revenue 23.27% 148.67% 18.95%
Basic Earnings Per Share $9.58 $13.91 $1.76
Diluted Earnings Per Share $9.51 $13.79 $1.75
COMMON SHARES
Basic Shares Outstanding 277.7M shares 287.1M shares
Diluted Shares Outstanding 280.2M shares 289.5M shares

Balance Sheet

Concept 2018 2017 Q4 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $358.0M $690.0M $724.0M
YoY Change -48.12% -27.82% -26.42%
Cash & Equivalents $358.0M $690.0M $724.0M
Short-Term Investments
Other Short-Term Assets $288.0M $282.0M $57.00M
YoY Change 2.13% 112.03% -20.83%
Inventory $207.0M $222.0M $245.0M
Prepaid Expenses
Receivables $1.009B $955.0M $973.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.862B $2.149B $1.999B
YoY Change -13.36% -6.2% -13.72%
LONG-TERM ASSETS
Property, Plant & Equipment $31.09B $30.33B $30.16B
YoY Change 2.51% 1.95% 2.36%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $3.109B $2.425B $2.888B
YoY Change 4.29% 11.44% 3.92%
Other Assets $177.0M $251.0M $103.0M
YoY Change -29.48% 243.84% 49.28%
Total Long-Term Assets $34.38B $33.56B $33.15B
YoY Change 2.43% 2.95% 2.6%
TOTAL ASSETS
Total Short-Term Assets $1.862B $2.149B $1.999B
Total Long-Term Assets $34.38B $33.56B $33.15B
Total Assets $36.24B $35.71B $35.15B
YoY Change 1.48% 2.35% 1.5%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $828.0M $1.401B $1.287B
YoY Change 0.73% 15.31% 13.79%
Accrued Expenses $139.0M
YoY Change 20.87%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $100.0M $0.00
YoY Change -100.0% 0.0%
Long-Term Debt Due $585.0M $600.0M $600.0M
YoY Change -2.5% 9.09% 9.09%
Total Short-Term Liabilities $2.591B $2.545B $2.413B
YoY Change 1.81% 8.81% 8.11%
LONG-TERM LIABILITIES
Long-Term Debt $10.56B $9.136B $9.280B
YoY Change 15.59% -4.46% -2.88%
Other Long-Term Liabilities $1.266B $1.347B $1.366B
YoY Change -6.01% -6.59% 3.33%
Total Long-Term Liabilities $11.83B $1.347B $1.366B
YoY Change 12.81% -6.59% 3.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.591B $2.545B $2.413B
Total Long-Term Liabilities $11.83B $1.347B $1.366B
Total Liabilities $20.88B $19.35B $22.43B
YoY Change 7.88% -13.93% 0.85%
SHAREHOLDERS EQUITY
Retained Earnings $14.18B $10.67B
YoY Change 35.98% 2.87%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $19.00M
YoY Change 0.0%
Treasury Stock Shares 20.32M shares
Shareholders Equity $15.36B $16.36B $12.73B
YoY Change
Total Liabilities & Shareholders Equity $36.24B $35.71B $35.15B
YoY Change 1.48% 2.35% 1.5%

Cashflow Statement

Concept 2018 2017 Q4 2017 Q3
OPERATING ACTIVITIES
Net Income $2.666B $3.968B $506.0M
YoY Change -50.67% 853.85% 10.0%
Depreciation, Depletion And Amortization $1.104B $268.0M $265.0M
YoY Change 4.25% 3.08% 2.32%
Cash From Operating Activities $3.726B $788.0M $889.0M
YoY Change 14.54% 9.14% 1.02%
INVESTING ACTIVITIES
Capital Expenditures $1.951B -$408.0M -$432.0M
YoY Change 13.23% -30.02% 16.13%
Acquisitions
YoY Change
Other Investing Activities -$99.00M $101.0M $82.00M
YoY Change 110.64% 24.69% -278.26%
Cash From Investing Activities -$1.658B -$307.0M -$350.0M
YoY Change 11.95% -38.84% -16.27%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $2.781B
YoY Change 174.8%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$2.312B -515.0M -457.0M
YoY Change 13.44% 107.66% 32.85%
NET CHANGE
Cash From Operating Activities $3.726B 788.0M 889.0M
Cash From Investing Activities -$1.658B -307.0M -350.0M
Cash From Financing Activities -$2.312B -515.0M -457.0M
Net Change In Cash -$244.0M -34.00M 82.00M
YoY Change -8.27% 21.43% -30.51%
FREE CASH FLOW
Cash From Operating Activities $3.726B $788.0M $889.0M
Capital Expenditures $1.951B -$408.0M -$432.0M
Free Cash Flow $1.775B $1.196B $1.321B
YoY Change 16.01% -8.35% 5.51%

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CY2018Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
425000000 USD
CY2017Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
322000000 USD
CY2018Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
375000000 USD
CY2017Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
67000000 USD
CY2018Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
72000000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
235000000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
284000000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
64000000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
69000000 USD
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
44000000 USD
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
50000000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
6324000000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
6460000000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
434000000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
413000000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
6212000000 USD
CY2017Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
2300000000 USD
CY2018Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
2200000000 USD
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DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnAccumulatedPostretirementBenefitObligation1
8000000 USD
CY2018 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Service And Interest Cost Components1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnServiceAndInterestCostComponents1
1000000 USD
CY2018 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Accumulated Postretirement Benefit Obligation
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnAccumulatedPostretirementBenefitObligation
9000000 USD
CY2018 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Service And Interest Cost Components
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnServiceAndInterestCostComponents
1000000 USD
CY2017Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
267000000 USD
CY2018Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
263000000 USD
CY2017Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation
313000000 USD
CY2018Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation
296000000 USD
CY2016 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
21000000 USD
CY2017 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
23000000 USD
CY2018 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
23000000 USD
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1026000000 USD
CY2017 us-gaap Depreciation
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1055000000 USD
CY2018 us-gaap Depreciation
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CY2016 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1030000000 USD
CY2017 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1059000000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1104000000 USD
CY2016 us-gaap Dividends Common Stock Cash
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695000000 USD
CY2017 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
703000000 USD
CY2018 us-gaap Dividends Common Stock Cash
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844000000 USD
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5.66
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1.49
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.72
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.76
CY2017Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
13.91
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
18.76
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.94
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.52
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.54
CY2018Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.59
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
9.58
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5.62
CY2017Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.48
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.71
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.75
CY2017Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
13.79
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
18.61
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.93
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.50
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.52
CY2018Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.57
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
9.51
CY2016 us-gaap Effective Income Tax Rate Continuing Operations
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0.354
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.728
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.231
CY2017 us-gaap Income Taxes Paid Net
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705000000 USD
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
519000000 USD
CY2016 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-23000000 USD
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2016 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.017
CY2017 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.017
CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.007
CY2016 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
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-17000000 USD
CY2017 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-39000000 USD
CY2018 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-22000000 USD
CY2016 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.007
CY2017 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.012
CY2018 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.007
CY2016 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.028
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.028
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.035
CY2016 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
31000000 USD
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
54000000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
33000000 USD
CY2016 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
13000000 USD
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
35000000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
16000000 USD
CY2017Q4 us-gaap Equity Method Investments
EquityMethodInvestments
2425000000 USD
CY2018Q4 us-gaap Equity Method Investments
EquityMethodInvestments
2532000000 USD
CY2016 us-gaap Fuel Costs
FuelCosts
698000000 USD
CY2017 us-gaap Fuel Costs
FuelCosts
840000000 USD
CY2018 us-gaap Fuel Costs
FuelCosts
1087000000 USD
CY2016 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
46000000 USD
CY2017 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
92000000 USD
CY2018 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
171000000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2582000000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3128000000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3469000000 USD
CY2018Q4 us-gaap Income Tax Examination Liability Refund Adjustment From Settlement With Taxing Authority
IncomeTaxExaminationLiabilityRefundAdjustmentFromSettlementWithTaxingAuthority
-46000000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
914000000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2276000000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
803000000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
904000000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
1095000000 USD
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
728000000 USD
CY2016 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-43000000 USD
CY2017 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-51000000 USD
CY2018 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-23000000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
70000000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
88000000 USD
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
120000000 USD
CY2016 us-gaap Income Taxes Paid Net
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593000000 USD
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41000000 USD
CY2018 us-gaap Increase Decrease In Accounts Receivable
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70000000 USD
CY2016 us-gaap Increase Decrease In Materials And Supplies
IncreaseDecreaseInMaterialsAndSupplies
-42000000 USD
CY2018 us-gaap Interest Expense
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557000000 USD
CY2017 us-gaap Increase Decrease In Materials And Supplies
IncreaseDecreaseInMaterialsAndSupplies
-35000000 USD
CY2018 us-gaap Increase Decrease In Materials And Supplies
IncreaseDecreaseInMaterialsAndSupplies
-15000000 USD
CY2016 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-82000000 USD
CY2017 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
71000000 USD
CY2018 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
46000000 USD
CY2016 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
158000000 USD
CY2017 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
135000000 USD
CY2018 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
223000000 USD
CY2016 us-gaap Interest Costs Capitalized
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20000000 USD
CY2017 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
20000000 USD
CY2018 us-gaap Interest Costs Capitalized
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17000000 USD
CY2016 us-gaap Interest Costs Incurred
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583000000 USD
CY2017 us-gaap Interest Costs Incurred
InterestCostsIncurred
570000000 USD
CY2018 us-gaap Interest Costs Incurred
InterestCostsIncurred
574000000 USD
CY2016 us-gaap Interest Expense
InterestExpense
563000000 USD
CY2017 us-gaap Interest Expense
InterestExpense
550000000 USD
CY2016 us-gaap Interest Paid Net
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543000000 USD
CY2017 us-gaap Interest Paid Net
InterestPaidNet
528000000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
496000000 USD
CY2017Q4 us-gaap Interest Payable Current
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115000000 USD
CY2018Q4 us-gaap Interest Payable Current
InterestPayableCurrent
139000000 USD
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LaborAndRelatedExpense
2808000000 USD
CY2017 us-gaap Labor And Related Expense
LaborAndRelatedExpense
2979000000 USD
CY2018 us-gaap Labor And Related Expense
LaborAndRelatedExpense
2925000000 USD
CY2016 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
148000000 USD
CY2017 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
150000000 USD
CY2018 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
204000000 USD
CY2017Q4 us-gaap Liabilities
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19352000000 USD
CY2018Q4 us-gaap Liabilities
Liabilities
20877000000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
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35711000000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
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36239000000 USD
CY2017Q4 us-gaap Liabilities Current
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2545000000 USD
CY2018Q4 us-gaap Liabilities Current
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2591000000 USD
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
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CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
10560000000 USD
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
600000000 USD
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
585000000 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
8462000000 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
600000000 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
600000000 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
584000000 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
314000000 USD
CY2017Q4 us-gaap Long Term Investments
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2981000000 USD
CY2018Q4 us-gaap Long Term Investments
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3109000000 USD
CY2018 us-gaap Long Term Purchase Commitment Amount
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1200000000 USD
CY2017Q4 us-gaap Loss Contingency Accrual Carrying Value Current
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187000000 USD
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213000000 USD
CY2017Q4 us-gaap Loss Contingency Accrual Carrying Value Noncurrent
LossContingencyAccrualCarryingValueNoncurrent
179000000 USD
CY2018Q4 us-gaap Loss Contingency Accrual Carrying Value Noncurrent
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158000000 USD
CY2017Q4 us-gaap Materials Supplies And Other
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222000000 USD
CY2018Q4 us-gaap Materials Supplies And Other
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207000000 USD
CY2016 us-gaap Multiemployer Plan Contributions By Employer
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37000000 USD
CY2017 us-gaap Multiemployer Plan Contributions By Employer
MultiemployerPlanContributionsByEmployer
44000000 USD
CY2018 us-gaap Multiemployer Plan Contributions By Employer
MultiemployerPlanContributionsByEmployer
35000000 USD
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CY2017 us-gaap Net Cash Provided By Used In Financing Activities
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-2038000000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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-1832000000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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3034000000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
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3253000000 USD
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3726000000 USD
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1663000000 USD
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NetIncomeLossAvailableToCommonStockholdersBasic
5400000000 USD
CY2018 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2660000000 USD
CY2016 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1664000000 USD
CY2017 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
5402000000 USD
CY2018 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
2665000000 USD
CY2016 us-gaap Operating Expenses
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6879000000 USD
CY2017 us-gaap Operating Expenses
OperatingExpenses
7029000000 USD
CY2018 us-gaap Operating Expenses
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7499000000 USD
CY2016 us-gaap Operating Income Loss
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3009000000 USD
CY2017Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
757000000 USD
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
872000000 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
895000000 USD
CY2017Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
998000000 USD
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
3522000000 USD
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
835000000 USD
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
1026000000 USD
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
1020000000 USD
CY2018Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
1078000000 USD
CY2018 us-gaap Operating Income Loss
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3959000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
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695000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
101000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
69000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
75000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
88000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
95000000 USD
CY2016 us-gaap Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
51000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
267000000 USD
CY2018Q4 us-gaap Other Accrued Liabilities Noncurrent
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136000000 USD
CY2017Q4 us-gaap Other Assets Current
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282000000 USD
CY2017 us-gaap Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
54000000 USD
CY2018 us-gaap Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
102000000 USD
CY2016 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
97000000 USD
CY2017 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
96000000 USD
CY2018 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
102000000 USD
CY2017Q4 us-gaap Other Accrued Liabilities Current
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101000000 USD
CY2018Q4 us-gaap Other Accrued Liabilities Current
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89000000 USD
CY2017Q4 us-gaap Other Accrued Liabilities Noncurrent
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170000000 USD
CY2018Q4 us-gaap Other Assets Current
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288000000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
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251000000 USD
CY2018Q4 us-gaap Other Assets Noncurrent
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177000000 USD
CY2017 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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112000000 USD
CY2018 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
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CY2016 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
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CY2017 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
174000000 USD
CY2018 us-gaap Other Comprehensive Income Loss Before Tax
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CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-42000000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
131000000 USD
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-119000000 USD
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
74000000 USD
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">&#160;</font></div><div style="line-height:120%;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">The preparation of financial statements in accordance with GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.&#160;&#160;We periodically review our estimates, including those related to the recoverability and useful lives of assets, as well as liabilities for litigation, environmental remediation, casualty claims, income taxes and pension and other postretirement benefits.&#160; Changes in facts and circumstances may result in revised estimates.</font></div></div>

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