$NTAP
NetApp, Inc.

2015 Q4 Form 10-Q Financial Statement

#000156459015011213 Filed on December 02, 2015

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q2 2014 Q4
Revenue $1.445B $1.540B $1.543B
YoY Change -6.35% -6.63% -0.45%
Cost Of Revenue $561.0M $604.5M $560.0M
YoY Change 0.18% -0.41% -4.22%
Gross Profit $884.0M $935.2M $983.0M
YoY Change -10.07% -10.25% 1.84%
Gross Profit Margin 61.18% 60.74% 63.71%
Selling, General & Admin $522.0M $541.2M $561.0M
YoY Change -6.95% -1.37% 2.19%
% of Gross Profit 59.05% 57.87% 57.07%
Research & Development $216.0M $232.4M $229.0M
YoY Change -5.68% 0.74% 0.35%
% of Gross Profit 24.43% 24.85% 23.3%
Depreciation & Amortization $67.00M $72.60M $77.10M
YoY Change -13.1% -11.57% -6.55%
% of Gross Profit 7.58% 7.76% 7.84%
Operating Expenses $739.0M $773.6M $790.0M
YoY Change -6.46% -0.74% 1.5%
Operating Profit $145.0M $161.6M $193.0M
YoY Change -24.87% -38.46% 3.26%
Interest Expense $12.00M $600.0K $11.00M
YoY Change 9.09% -71.43% 69.23%
% of Operating Profit 8.28% 0.37% 5.7%
Other Income/Expense, Net -$1.000M $1.900M -$4.000M
YoY Change -75.0% 171.43% -175.47%
Pretax Income $144.0M $164.1M $189.0M
YoY Change -23.81% -27.58% -1.66%
Income Tax $30.00M $29.20M $29.00M
% Of Pretax Income 20.83% 17.79% 15.34%
Net Earnings $114.0M $134.9M $159.8M
YoY Change -28.66% -31.52% -4.2%
Net Earnings / Revenue 7.89% 8.76% 10.36%
Basic Earnings Per Share $0.50
Diluted Earnings Per Share $385.1K $431.1K $0.49
COMMON SHARES
Basic Shares Outstanding 294.0M 305.0M 318.0M
Diluted Shares Outstanding 296.0M 323.0M

Balance Sheet

Concept 2015 Q4 2015 Q2 2014 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.814B $5.326B $5.269B
YoY Change -8.64% 6.46% -0.08%
Cash & Equivalents $2.198B $1.922B $2.905B
Short-Term Investments $2.616B $3.404B $2.364B
Other Short-Term Assets $555.0M $521.8M $479.4M
YoY Change 15.77% 6.56% 8.71%
Inventory $125.0M $146.5M $107.6M
Prepaid Expenses
Receivables $587.0M $778.9M $632.7M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $6.081B $6.773B $6.489B
YoY Change -6.29% 4.67% 1.08%
LONG-TERM ASSETS
Property, Plant & Equipment $1.004B $1.030B $1.082B
YoY Change -7.18% -7.12% -5.35%
Goodwill $1.027B $988.1M
YoY Change 3.95% 0.0%
Intangibles
YoY Change
Long-Term Investments $23.00M
YoY Change -42.5%
Other Assets $472.0M $481.0M $526.1M
YoY Change -10.28% -8.22% 6.18%
Total Long-Term Assets $2.554B $2.628B $2.688B
YoY Change -5.0% -4.18% -3.2%
TOTAL ASSETS
Total Short-Term Assets $6.081B $6.773B $6.489B
Total Long-Term Assets $2.554B $2.628B $2.688B
Total Assets $8.635B $9.401B $9.178B
YoY Change -5.91% 2.03% -0.22%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $226.0M $283.4M $210.3M
YoY Change 7.47% 14.74% -6.03%
Accrued Expenses $618.0M $701.0M $315.0M
YoY Change 96.19% -11.69% 2.61%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.453B $2.709B $2.491B
YoY Change -1.53% 0.53% 3.42%
LONG-TERM LIABILITIES
Long-Term Debt $1.489B $1.487B $1.494B
YoY Change -0.36% 50.19% 50.19%
Other Long-Term Liabilities $269.0M $318.0M $315.9M
YoY Change -14.85% 7.36% 18.23%
Total Long-Term Liabilities $1.758B $1.805B $1.810B
YoY Change -2.89% 40.32% 43.42%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.453B $2.709B $2.491B
Total Long-Term Liabilities $1.758B $1.805B $1.810B
Total Liabilities $5.648B $5.987B $5.716B
YoY Change -1.19% 10.31% 12.59%
SHAREHOLDERS EQUITY
Retained Earnings $0.00 $53.00M $0.00
YoY Change 4718.18% -100.0%
Common Stock $3.385B $3.461B
YoY Change -10.37% -13.45%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.987B $3.414B $3.461B
YoY Change
Total Liabilities & Shareholders Equity $8.635B $9.401B $9.178B
YoY Change -5.91% 2.03% -0.22%

Cashflow Statement

Concept 2015 Q4 2015 Q2 2014 Q4
OPERATING ACTIVITIES
Net Income $114.0M $134.9M $159.8M
YoY Change -28.66% -31.52% -4.2%
Depreciation, Depletion And Amortization $67.00M $72.60M $77.10M
YoY Change -13.1% -11.57% -6.55%
Cash From Operating Activities $145.0M $396.6M $380.9M
YoY Change -61.93% 7.33% 5.08%
INVESTING ACTIVITIES
Capital Expenditures -$46.00M -$37.20M -$51.50M
YoY Change -10.68% -33.57% 22.04%
Acquisitions
YoY Change
Other Investing Activities $8.000M -$687.4M $169.2M
YoY Change -95.27% -417.51% -40.49%
Cash From Investing Activities -$38.00M -$724.6M $117.7M
YoY Change -132.29% -551.46% -51.38%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -230.0M -285.9M -604.6M
YoY Change -61.96% -27.93% 289.56%
NET CHANGE
Cash From Operating Activities 145.0M 396.6M 380.9M
Cash From Investing Activities -38.00M -724.6M 117.7M
Cash From Financing Activities -230.0M -285.9M -604.6M
Net Change In Cash -123.0M -613.9M -106.0M
YoY Change 16.04% -560.54% -123.59%
FREE CASH FLOW
Cash From Operating Activities $145.0M $396.6M $380.9M
Capital Expenditures -$46.00M -$37.20M -$51.50M
Free Cash Flow $191.0M $433.8M $432.4M
YoY Change -55.83% 1.95% 6.84%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
1812000000
CY2014Q4 ntap Software Maintenance Revenues
SoftwareMaintenanceRevenues
225000000
CY2015Q4 ntap Software Maintenance Revenues
SoftwareMaintenanceRevenues
233000000
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
1479000000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
143000000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-9000000
CY2015Q4 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
1000000
ntap Software Maintenance Revenues
SoftwareMaintenanceRevenues
446000000
ntap Software Maintenance Revenues
SoftwareMaintenanceRevenues
481000000
CY2014Q4 ntap Hardware Maintenance And Other Services Revenues
HardwareMaintenanceAndOtherServicesRevenues
389000000
CY2015Q4 ntap Hardware Maintenance And Other Services Revenues
HardwareMaintenanceAndOtherServicesRevenues
397000000
CY2015Q4 us-gaap Deferred Revenue And Credits Current
DeferredRevenueAndCreditsCurrent
1609000000
CY2015Q4 us-gaap Common Stocks Including Additional Paid In Capital
CommonStocksIncludingAdditionalPaidInCapital
3022000000
CY2015Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
53000000
CY2015Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-35000000
CY2015Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-24000000
CY2015Q4 us-gaap Liabilities Current
LiabilitiesCurrent
2453000000
CY2015Q2 us-gaap Liabilities Current
LiabilitiesCurrent
2709000000
CY2015Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1489000000
CY2015Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1487000000
CY2015Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
269000000
CY2015Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
318000000
CY2015Q4 us-gaap Deferred Revenue And Credits Noncurrent
DeferredRevenueAndCreditsNoncurrent
1437000000
CY2015Q4 us-gaap Liabilities
Liabilities
5648000000
CY2015Q2 us-gaap Liabilities
Liabilities
5987000000
CY2015Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
0
CY2015Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
0
CY2015Q2 us-gaap Common Stocks Including Additional Paid In Capital
CommonStocksIncludingAdditionalPaidInCapital
3385000000
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
0
CY2015Q2 us-gaap Deferred Revenue And Credits Current
DeferredRevenueAndCreditsCurrent
1724000000
CY2015Q2 us-gaap Deferred Revenue And Credits Noncurrent
DeferredRevenueAndCreditsNoncurrent
1473000000
CY2015Q2 us-gaap Stockholders Equity
StockholdersEquity
3414000000
CY2014Q4 us-gaap Sales Revenue Net
SalesRevenueNet
1543000000
us-gaap Sales Revenue Net
SalesRevenueNet
2780000000
us-gaap Sales Revenue Net
SalesRevenueNet
3032000000
CY2014Q4 us-gaap Gross Profit
GrossProfit
983000000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax
-2000000
CY2015Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1000000
CY2014Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-8000000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-11000000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-8000000
us-gaap Share Based Compensation
ShareBasedCompensation
130000000
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
49000000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-88000000
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
4000000
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
49000000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0
CY2015Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
618000000
CY2015Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
701000000
CY2014Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
229000000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
968000000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
940000000
CY2015Q4 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
74000000
CY2014Q4 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
73000000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
460000000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
457000000
CY2015Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
145000000
CY2015Q4 us-gaap Operating Expenses
OperatingExpenses
739000000
CY2015Q4 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1000000
CY2014Q4 us-gaap Operating Expenses
OperatingExpenses
790000000
CY2015Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
144000000
CY2015Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
30000000
CY2015Q4 us-gaap Net Income Loss
NetIncomeLoss
114000000
us-gaap Operating Expenses
OperatingExpenses
1568000000
us-gaap Operating Expenses
OperatingExpenses
1581000000
CY2014Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
193000000
us-gaap Operating Income Loss
OperatingIncomeLoss
119000000
us-gaap Operating Income Loss
OperatingIncomeLoss
353000000
CY2014Q4 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-4000000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
3000000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-4000000
CY2014Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
189000000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
122000000
CY2014Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
29000000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.77
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-1000000
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.360
CY2014Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
152000000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
136000000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.76
CY2015Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.180
CY2015Q4 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-1000000
CY2014Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.165
CY2014Q4 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-3000000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
302000000
CY2015Q4 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
-1000000
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-3000000
CY2015Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
113000000
CY2014Q4 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
-10000000
us-gaap Share Based Compensation
ShareBasedCompensation
136000000
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.330
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
-11000000
CY2015Q4 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-1000000
CY2014Q4 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-4000000
CY2015Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
296000000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-2000000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-79000000
CY2014Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
318000000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
299000000
CY2014Q4 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
1000000
CY2014Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
323000000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
321000000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
326000000
CY2015Q4 us-gaap Restructuring Charges
RestructuringCharges
1000000
CY2015Q4 us-gaap Sales Revenue Net
SalesRevenueNet
1445000000
CY2015Q4 us-gaap Cost Of Goods Sold
CostOfGoodsSold
408000000
CY2014Q4 us-gaap Cost Of Goods Sold
CostOfGoodsSold
402000000
ntap Cost Of Software Maintenance
CostOfSoftwareMaintenance
17000000
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
8635000000
CY2015Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
9401000000
CY2015Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2015Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2015Q4 ntap Cost Of Hardware Maintenance And Other Services
CostOfHardwareMaintenanceAndOtherServices
144000000
CY2015Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
292000000
CY2015Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
306000000
CY2015Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
292000000
CY2015Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
306000000
CY2015Q4 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
815000000
CY2014Q4 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
929000000
us-gaap Gross Profit
GrossProfit
1700000000
CY2015Q4 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
448000000
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
2987000000
ntap Hardware Maintenance And Other Services Revenues
HardwareMaintenanceAndOtherServicesRevenues
820000000
ntap Hardware Maintenance And Other Services Revenues
HardwareMaintenanceAndOtherServicesRevenues
774000000
us-gaap Cost Of Goods Sold
CostOfGoodsSold
753000000
us-gaap Cost Of Goods Sold
CostOfGoodsSold
796000000
CY2015Q4 ntap Cost Of Software Maintenance
CostOfSoftwareMaintenance
9000000
CY2014Q4 ntap Cost Of Software Maintenance
CostOfSoftwareMaintenance
9000000
ntap Cost Of Software Maintenance
CostOfSoftwareMaintenance
19000000
CY2014Q4 ntap Cost Of Hardware Maintenance And Other Services
CostOfHardwareMaintenanceAndOtherServices
149000000
ntap Cost Of Hardware Maintenance And Other Services
CostOfHardwareMaintenanceAndOtherServices
308000000
ntap Cost Of Hardware Maintenance And Other Services
CostOfHardwareMaintenanceAndOtherServices
298000000
CY2015Q4 us-gaap Cost Of Revenue
CostOfRevenue
561000000
CY2014Q4 us-gaap Cost Of Revenue
CostOfRevenue
560000000
us-gaap Cost Of Revenue
CostOfRevenue
1080000000
us-gaap Cost Of Revenue
CostOfRevenue
1111000000
CY2015Q4 us-gaap Gross Profit
GrossProfit
884000000
us-gaap Gross Profit
GrossProfit
1921000000
CY2014Q4 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
488000000
CY2015Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
216000000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
153000000
CY2014Q4 us-gaap Restructuring Charges
RestructuringCharges
0
us-gaap Restructuring Charges
RestructuringCharges
28000000
us-gaap Restructuring Charges
RestructuringCharges
0
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
240000000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
155000000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-2000000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-21000000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-59000000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
73000000
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-60000000
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
25000000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
495000000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
704000000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
719000000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
0
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
2000000
us-gaap Payments Of Dividends
PaymentsOfDividends
105000000
CY2015Q4 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax
0
CY2014Q4 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax
0
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
1000000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-6000000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax
0
CY2014Q4 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
0
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-4000000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
-2000000
CY2015Q4 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
1000000
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
964000000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
109000000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
16000000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
9000000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-23000000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-136000000
us-gaap Increase Decrease In Deferred Revenue And Customer Advances And Deposits
IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits
-137000000
us-gaap Increase Decrease In Deferred Revenue And Customer Advances And Deposits
IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits
-45000000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-14000000
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-32000000
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
274000000
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
597000000
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
886000000
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
603000000
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
1674000000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
84000000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
1000000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
251000000
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
71000000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
613000000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
28000000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
29000000
CY2015Q4 us-gaap Cash
Cash
2075000000
CY2015Q2 us-gaap Cash
Cash
1666000000
CY2015Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
123000000
CY2015Q2 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
256000000
CY2014Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
97000000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.311
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.288
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
94000000
us-gaap Interest Paid
InterestPaid
20000000
CY2015Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
80000000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
38000000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
65000000
us-gaap Payments Of Dividends
PaymentsOfDividends
107000000
us-gaap Proceeds From Repayments Of Other Long Term Debt
ProceedsFromRepaymentsOfOtherLongTermDebt
-3000000
us-gaap Proceeds From Repayments Of Other Long Term Debt
ProceedsFromRepaymentsOfOtherLongTermDebt
-4000000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-694000000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-213000000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-8000000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-21000000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
276000000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
614000000
CY2014Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2291000000
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2905000000
us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">2.&#160;Recent Accounting Standards Not Yet Effective </p> <p style="margin-bottom:0pt;margin-top:9pt;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:2.27%;">In August 2015, the Financial Accounting Standards Board (FASB) issued an update that deferred the effective date of the new guidance they previously issued in May 2014 related to the recognition and reporting of revenue that establishes a comprehensive new revenue recognition model designed to depict the transfer of goods or services to a customer in an amount that reflects the consideration the entity expects to receive in exchange for those goods or services. The guidance allows for the use of either the full or modified retrospective transition method. This new standard will be effective for us beginning April 28, 2018, although adoption as of the original effective date of April 29, 2017 is permitted. We are currently evaluating the impact of this new standard on our consolidated financial statements, as well as which transition method and adoption date we intend to use.</p> <p style="text-align:justify;margin-bottom:0pt;margin-top:9pt;text-indent:2.27%;font-size:9pt;">&nbsp;</p></div>
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
31.70
CY2015Q2 us-gaap Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
0
CY2015Q2 us-gaap Available For Sale Securities
AvailableForSaleSecurities
3692000000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
15000000
us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
0
us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
12000000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
69000000
us-gaap Interest Paid
InterestPaid
12000000
CY2015Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
310000000
CY2015Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
259000000
CY2015Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
321000000
CY2015Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
231000000
CY2015Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
14000000
CY2014Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
14000000
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
27000000
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
10000000
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
6000000
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
5000000
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
3000000
CY2015Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
35000000
CY2015Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
281000000
CY2015Q2 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
256000000
CY2015Q4 us-gaap Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
191000000
CY2015Q2 us-gaap Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
225000000
CY2015Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
281000000
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
19000000
CY2015Q4 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
14000000
CY2014Q4 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
16000000
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
28000000
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
32000000
CY2015Q4 us-gaap Standard Product Warranty Accrual Noncurrent
StandardProductWarrantyAccrualNoncurrent
27000000
CY2015Q2 us-gaap Standard Product Warranty Accrual Noncurrent
StandardProductWarrantyAccrualNoncurrent
28000000
CY2015Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
36000000
CY2015Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
90000000
CY2015Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
110000000
CY2015Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
250000000
CY2015Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
268000000
CY2015Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
305000000
CY2015Q2 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
254000000
CY2015Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2249000000
CY2015Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2223000000
CY2015Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1245000000
CY2015Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1193000000
CY2015Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
359000000
CY2015Q4 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
53000000
CY2015Q2 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
58000000
CY2015Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
284000000
CY2015Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
284000000
CY2015Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
81000000
CY2014Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
104000000
CY2015Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
86000000
CY2014Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
110000000
CY2015Q4 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
13000000
CY2014Q4 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
9000000
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
22000000
CY2015Q4 us-gaap Deferred Revenue And Credits
DeferredRevenueAndCredits
3046000000
CY2015Q2 us-gaap Deferred Revenue And Credits
DeferredRevenueAndCredits
3197000000
CY2015Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
11000000
CY2014Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
8000000
us-gaap Investment Income Interest
InvestmentIncomeInterest
24000000
us-gaap Investment Income Interest
InvestmentIncomeInterest
16000000
CY2015Q4 us-gaap Interest Expense
InterestExpense
12000000
CY2014Q4 us-gaap Interest Expense
InterestExpense
11000000
us-gaap Interest Expense
InterestExpense
23000000
us-gaap Interest Expense
InterestExpense
20000000
CY2015Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0
CY2014Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1000000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2000000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0
CY2015Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
2772000000
CY2015Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
4000000
CY2015Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
3000000
CY2015Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
2773000000
CY2015Q2 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
3681000000
CY2015Q2 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
11000000
CY2015Q4 us-gaap Available For Sale Securities Debt Maturities Next Rolling Twelve Months Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis
867000000
CY2015Q4 us-gaap Available For Sale Securities Debt Maturities Rolling Year Two Through Five Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis
1871000000
CY2015Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
2738000000
CY2015Q4 us-gaap Available For Sale Securities Debt Maturities Next Rolling Twelve Months Fair Value
AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue
868000000
CY2015Q4 us-gaap Available For Sale Securities Debt Maturities Rolling Year Two Through Five Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue
1871000000
CY2015Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
2739000000
CY2015Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
4814000000
CY2015Q4 us-gaap Other Long Term Debt
OtherLongTermDebt
12000000
CY2015Q2 us-gaap Other Long Term Debt
OtherLongTermDebt
16000000
CY2015Q4 us-gaap Other Long Term Debt Current
OtherLongTermDebtCurrent
7000000
CY2015Q2 us-gaap Other Long Term Debt Current
OtherLongTermDebtCurrent
10000000
CY2015Q4 us-gaap Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
5000000
CY2015Q2 us-gaap Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
6000000
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
12000000
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1000000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
2000000
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
9000000
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
9000000
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
7000000
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
37.74
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
22.89
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
38.99
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
38.90
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
38.95
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
39.54
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y10M10D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P2Y9M4D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y3M15D
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
12000000
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
12000000
CY2015Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
11000000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
8000000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
19000000
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
7000000
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
19000000
us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
2000000
us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
2000000
CY2015Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
59000000
CY2014Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
68000000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
136000000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
130000000
CY2015Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
381000000
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y
us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
33000000
us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
58000000
CY2015Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
9600000000
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
19000000
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
613000000
CY2015Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
1847000000
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
233000000
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
33.33
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
7800000000
us-gaap Proceeds From Sale And Collection Of Finance Receivables
ProceedsFromSaleAndCollectionOfFinanceReceivables
89000000
CY2015Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
0
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
5000000
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-14000000
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-3000000
CY2015Q2 us-gaap Restructuring And Related Cost Number Of Positions Eliminated Inception To Date Percent
RestructuringAndRelatedCostNumberOfPositionsEliminatedInceptionToDatePercent
0.03
CY2015Q2 us-gaap Restructuring Reserve
RestructuringReserve
0
us-gaap Payments For Restructuring
PaymentsForRestructuring
23000000
CY2015Q4 us-gaap Restructuring Reserve
RestructuringReserve
5000000
CY2015Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
272000000
us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
7000000
us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
20000000
us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
38000000
us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
52000000
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
209000000
CY2014Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
236000000
us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
13000000
us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
99000000
us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
19000000
us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
54000000
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
275000000
CY2015Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
158000000
CY2015Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
148000000
CY2015Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2000000
CY2014Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
5000000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3000000
CY2015Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
19000000
CY2014Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
7000000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
14000000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8000000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2015Q4 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
4814000000
CY2015Q2 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
5326000000
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
204000000
CY2015Q4 ntap Accrued Liability For Quantities In Excess Of Future Demand Forecasts With Contract Manufacturers
AccruedLiabilityForQuantitiesInExcessOfFutureDemandForecastsWithContractManufacturers
12000000
CY2015Q2 ntap Accrued Liability For Quantities In Excess Of Future Demand Forecasts With Contract Manufacturers
AccruedLiabilityForQuantitiesInExcessOfFutureDemandForecastsWithContractManufacturers
17000000
us-gaap Proceeds From Sale And Collection Of Finance Receivables
ProceedsFromSaleAndCollectionOfFinanceReceivables
72000000

Files In Submission

Name View Source Status
0001564590-15-011213-index-headers.html Edgar Link pending
0001564590-15-011213-index.html Edgar Link pending
0001564590-15-011213.txt Edgar Link pending
0001564590-15-011213-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
ntap-10q_20151030.htm Edgar Link pending
ntap-20151030.xml Edgar Link completed
ntap-20151030.xsd Edgar Link pending
ntap-20151030_cal.xml Edgar Link unprocessable
ntap-20151030_def.xml Edgar Link unprocessable
ntap-20151030_lab.xml Edgar Link unprocessable
ntap-20151030_pre.xml Edgar Link unprocessable
ntap-ex31_8.htm Edgar Link pending
ntap-ex31_9.htm Edgar Link pending
ntap-ex32_11.htm Edgar Link pending
ntap-ex32_6.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending