$OC
Owens Corning

2012 Q2 Form 10-Q Financial Statement

#000119312512327182 Filed on August 01, 2012

View on sec.gov

Income Statement

Concept 2012 Q2 2011 Q2
Revenue $1.391B $1.451B
YoY Change -4.14% 5.3%
Cost Of Revenue $1.152B $1.172B
YoY Change -1.71% 7.13%
Gross Profit $239.0M $279.0M
YoY Change -14.34% -1.76%
Gross Profit Margin 17.18% 19.23%
Selling, General & Admin $128.0M $141.0M
YoY Change -9.22% 2.17%
% of Gross Profit 53.56% 50.54%
Research & Development $21.00M $19.00M
YoY Change 10.53% 5.56%
% of Gross Profit 8.79% 6.81%
Depreciation & Amortization $91.00M $85.00M
YoY Change 7.06% 7.59%
% of Gross Profit 38.08% 30.47%
Operating Expenses $154.0M $144.0M
YoY Change 6.94% -9.43%
Operating Profit $85.00M $135.0M
YoY Change -37.04% 8.0%
Interest Expense $28.00M $28.00M
YoY Change 0.0% -9.68%
% of Operating Profit 32.94% 20.74%
Other Income/Expense, Net
YoY Change
Pretax Income $57.00M $107.0M
YoY Change -46.73% 13.83%
Income Tax $17.00M $29.00M
% Of Pretax Income 29.82% 27.1%
Net Earnings $39.00M $78.00M
YoY Change -50.0% -91.68%
Net Earnings / Revenue 2.8% 5.38%
Basic Earnings Per Share $0.32 $0.63
Diluted Earnings Per Share $0.32 $0.62
COMMON SHARES
Basic Shares Outstanding 120.8M shares 124.0M shares
Diluted Shares Outstanding 121.5M shares 125.4M shares

Balance Sheet

Concept 2012 Q2 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $54.00M $51.00M
YoY Change 5.88% 70.0%
Cash & Equivalents $54.00M $51.00M
Short-Term Investments
Other Short-Term Assets $173.0M $203.0M
YoY Change -14.78% 16.0%
Inventory $815.0M $688.0M
Prepaid Expenses
Receivables $804.0M $825.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.846B $1.767B
YoY Change 4.47% 12.69%
LONG-TERM ASSETS
Property, Plant & Equipment $2.904B $2.867B
YoY Change 1.29% 5.75%
Goodwill $1.088B
YoY Change
Intangibles $1.055B $1.083B
YoY Change -2.59% -6.56%
Long-Term Investments
YoY Change
Other Assets $242.0M $271.0M
YoY Change -10.7% 22.07%
Total Long-Term Assets $5.869B $5.806B
YoY Change 1.09% 1.61%
TOTAL ASSETS
Total Short-Term Assets $1.846B $1.767B
Total Long-Term Assets $5.869B $5.806B
Total Assets $7.715B $7.573B
YoY Change 1.88% 4.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $900.0M $954.0M
YoY Change -5.66% 1.17%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $24.00M $221.0M
YoY Change -89.14% 5425.0%
Long-Term Debt Due $8.000M $4.000M
YoY Change 100.0% -33.33%
Total Short-Term Liabilities $932.0M $1.179B
YoY Change -20.95% 23.71%
LONG-TERM LIABILITIES
Long-Term Debt $2.205B $1.725B
YoY Change 27.83% 3.48%
Other Long-Term Liabilities $197.0M $151.0M
YoY Change 30.46% 11.03%
Total Long-Term Liabilities $2.402B $1.876B
YoY Change 28.04% 1279.41%
TOTAL LIABILITIES
Total Short-Term Liabilities $932.0M $1.179B
Total Long-Term Liabilities $2.402B $1.876B
Total Liabilities $3.334B $3.055B
YoY Change 9.13% 180.53%
SHAREHOLDERS EQUITY
Retained Earnings $463.0M $296.0M
YoY Change 56.42% 20.33%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $444.0M $277.0M
YoY Change 60.29% 161.32%
Treasury Stock Shares 16.20M shares 10.60M shares
Shareholders Equity $3.610B $3.783B
YoY Change
Total Liabilities & Shareholders Equity $7.715B $7.573B
YoY Change 1.88% 4.0%

Cashflow Statement

Concept 2012 Q2 2011 Q2
OPERATING ACTIVITIES
Net Income $39.00M $78.00M
YoY Change -50.0% -91.68%
Depreciation, Depletion And Amortization $91.00M $85.00M
YoY Change 7.06% 7.59%
Cash From Operating Activities $153.0M $79.00M
YoY Change 93.67% -50.93%
INVESTING ACTIVITIES
Capital Expenditures -$91.00M -$119.0M
YoY Change -23.53% 105.17%
Acquisitions
YoY Change
Other Investing Activities $3.000M $63.00M
YoY Change -95.24% 600.0%
Cash From Investing Activities -$88.00M -$56.00M
YoY Change 57.14% 14.29%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -67.00M -35.00M
YoY Change 91.43% -93.52%
NET CHANGE
Cash From Operating Activities 153.0M 79.00M
Cash From Investing Activities -88.00M -56.00M
Cash From Financing Activities -67.00M -35.00M
Net Change In Cash -2.000M -12.00M
YoY Change -83.33% -97.2%
FREE CASH FLOW
Cash From Operating Activities $153.0M $79.00M
Capital Expenditures -$91.00M -$119.0M
Free Cash Flow $244.0M $198.0M
YoY Change 23.23% -9.59%

Facts In Submission

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PreferredStockSharesAuthorized
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ReceivablesNetCurrent
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CY2011Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
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us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
180000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
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oc Gain On Sale Of Business And Fixed Assets
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us-gaap Deferred Income Taxes And Tax Credits
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DeferredIncomeTaxesAndTaxCredits
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oc Provision For Pension And Other Employee Benefits Liabilities
ProvisionForPensionAndOtherEmployeeBenefitsLiabilities
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us-gaap Share Based Compensation
ShareBasedCompensation
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ShareBasedCompensation
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us-gaap Increase Decrease In Pension Plan Obligations
IncreaseDecreaseInPensionPlanObligations
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IncreaseDecreaseInPensionPlanObligations
-30000000 USD
us-gaap Other Noncash Income
OtherNoncashIncome
7000000 USD
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
209000000 USD
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
307000000 USD
us-gaap Increase Decrease In Postretirement Obligations
IncreaseDecreaseInPostretirementObligations
-12000000 USD
us-gaap Increase Decrease In Postretirement Obligations
IncreaseDecreaseInPostretirementObligations
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us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
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us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
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us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
82000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
6000000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
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us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
648000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-134000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-40000000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
210000000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
163000000 USD
oc Proceeds From Sale Of Assets Or Affiliates
ProceedsFromSaleOfAssetsOrAffiliates
75000000 USD
oc Proceeds From Sale Of Assets Or Affiliates
ProceedsFromSaleOfAssetsOrAffiliates
7000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-135000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
9000000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
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us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
3000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
6000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
53000000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
887000000 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
595000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
265000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
12000000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
17000000 USD
CY2010Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
52000000 USD
CY2011Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
51000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
6000000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-1000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
199000000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
933000000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
2000000 USD
CY2012Q2 oc Prior Period Adjustment Revenue Pre Tax
PriorPeriodAdjustmentRevenuePreTax
1000000 USD
CY2012Q2 oc Prior Period Adjustment Revenue After Tax
PriorPeriodAdjustmentRevenueAfterTax
1000000 USD
oc Prior Period Adjustment Expense Pre Tax
PriorPeriodAdjustmentExpensePreTax
2000000 USD
oc Prior Period Adjustment Expense After Tax
PriorPeriodAdjustmentExpenseAfterTax
2000000 USD
oc Net Precious Metal Lease Expense
NetPreciousMetalLeaseExpense
0 USD
oc Net Precious Metal Lease Expense
NetPreciousMetalLeaseExpense
0 USD
CY2011Q2 oc Gain Loss On Sale Of Assets And Other Expenses
GainLossOnSaleOfAssetsAndOtherExpenses
-16000000 USD
oc Gain Loss On Sale Of Assets And Other Expenses
GainLossOnSaleOfAssetsAndOtherExpenses
0 USD
oc Gain Loss On Sale Of Assets And Other Expenses
GainLossOnSaleOfAssetsAndOtherExpenses
-16000000 USD
CY2011Q2 oc General Corporate Expense
GeneralCorporateExpense
22000000 USD
oc General Corporate Expense
GeneralCorporateExpense
53000000 USD
oc General Corporate Expense
GeneralCorporateExpense
39000000 USD
CY2012Q2 oc Income Loss From Operations Before Interest And Taxes Attributable To Segments
IncomeLossFromOperationsBeforeInterestAndTaxesAttributableToSegments
141000000 USD
CY2011Q2 oc Income Loss From Operations Before Interest And Taxes Attributable To Segments
IncomeLossFromOperationsBeforeInterestAndTaxesAttributableToSegments
158000000 USD
oc Income Loss From Operations Before Interest And Taxes Attributable To Segments
IncomeLossFromOperationsBeforeInterestAndTaxesAttributableToSegments
213000000 USD
oc Income Loss From Operations Before Interest And Taxes Attributable To Segments
IncomeLossFromOperationsBeforeInterestAndTaxesAttributableToSegments
236000000 USD
CY2011Q2 oc Acquisition Integration And Transaction Costs
AcquisitionIntegrationAndTransactionCosts
0 USD
oc Acquisition Integration And Transaction Costs
AcquisitionIntegrationAndTransactionCosts
0 USD
oc Acquisition Integration And Transaction Costs
AcquisitionIntegrationAndTransactionCosts
0 USD
CY2011Q2 oc Net Precious Metal Lease Expense
NetPreciousMetalLeaseExpense
0 USD
CY2012Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
125000000 USD
CY2012Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1180000000 USD
CY2011Q2 oc Restructuring Charges And Related Items
RestructuringChargesAndRelatedItems
17000000 USD
oc Restructuring Charges And Related Items
RestructuringChargesAndRelatedItems
87000000 USD
oc Restructuring Charges And Related Items
RestructuringChargesAndRelatedItems
17000000 USD
CY2012Q2 oc Restructuring Charges And Related Items
RestructuringChargesAndRelatedItems
32000000 USD
CY2012Q2 oc Acquisition Integration And Transaction Costs
AcquisitionIntegrationAndTransactionCosts
0 USD
CY2012Q2 oc Net Precious Metal Lease Expense
NetPreciousMetalLeaseExpense
0 USD
CY2012Q2 oc Gain Loss On Sale Of Assets And Other Expenses
GainLossOnSaleOfAssetsAndOtherExpenses
0 USD
CY2012Q2 oc General Corporate Expense
GeneralCorporateExpense
24000000 USD
CY2012Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
584000000 USD
CY2012Q2 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
231000000 USD
CY2011Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
198000000 USD
CY2011Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
597000000 USD
oc Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Next Twelve Months Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeNextTwelveMonthsNet
2000000 USD
CY2011Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
114000000 USD
CY2011Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1187000000 USD
us-gaap Goodwill Translation Adjustments
GoodwillTranslationAdjustments
-1000000 USD
us-gaap Finite Lived Intangible Assets Future Amortization Expense
FiniteLivedIntangibleAssetsFutureAmortizationExpense
21000000 USD
CY2012Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4284000000 USD
CY2012Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1380000000 USD
CY2011Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1244000000 USD
CY2011Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4148000000 USD
CY2012Q2 oc Precious Metals Percentage
PreciousMetalsPercentage
0.2 pure
CY2012Q2 oc Precious Metals Depletion Percentage
PreciousMetalsDepletionPercentage
0.03 pure
CY2011Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
38000000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
11000000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
12000000 USD
CY2012Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
37000000 USD
CY2012Q2 oc Fair Value Adjustment To Debt
FairValueAdjustmentToDebt
35000000 USD
CY2012Q2 us-gaap Long Term Debt
LongTermDebt
2213000000 USD
CY2012Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
8000000 USD
CY2012Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2205000000 USD
CY2011Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1930000000 USD
CY2011Q4 oc Fair Value Adjustment To Debt
FairValueAdjustmentToDebt
39000000 USD
CY2011Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
4000000 USD
CY2011Q4 us-gaap Long Term Debt
LongTermDebt
1934000000 USD
CY2012Q2 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.063 pure
CY2011Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.074 pure
CY2012Q2 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-7000000 USD
CY2012Q2 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
8000000 USD
CY2012Q2 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
21000000 USD
CY2012Q2 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
19000000 USD
CY2012Q2 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
3000000 USD
CY2011Q2 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
5000000 USD
CY2011Q2 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
23000000 USD
CY2011Q2 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-3000000 USD
CY2011Q2 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
21000000 USD
CY2011Q2 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
4000000 USD
us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-14000000 USD
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
16000000 USD
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
8000000 USD
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
43000000 USD
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
37000000 USD
us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-7000000 USD
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
8000000 USD
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
46000000 USD
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
40000000 USD
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
7000000 USD
CY2012Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
2600000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
409700 shares
CY2012Q2 oc Environmental Liability Sites
EnvironmentalLiabilitySites
19 Number
CY2012Q2 us-gaap Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
8000000 USD
us-gaap Loss Contingency Lawsuit Filing Date
LossContingencyLawsuitFilingDate
December 17, 2010
us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
123000000 EUR
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3293545 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
-193100 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
-32825 shares
CY2012Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3477320 shares
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
26.26
CY2012Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
33.73
CY2012Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
23.86
CY2012Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
28.98
CY2012Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
27.25
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
120900000 shares
us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
900000 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
500000 shares
CY2012Q2 oc Term Deposits Fair Value Disclosure
TermDepositsFairValueDisclosure
6000000 USD
CY2012Q2 us-gaap Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
48000000 USD
CY2012Q2 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
643000000 USD
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
125400000 shares
CY2012Q2 us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
400000 shares
CY2012Q2 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
300000 shares
CY2012Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
121500000 shares
CY2011Q2 us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
900000 shares
CY2011Q2 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
500000 shares
CY2011Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
125400000 shares
us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
0 shares
CY2012Q2 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
9000000 USD
CY2012Q2 us-gaap Derivative Assets
DerivativeAssets
1000000 USD
CY2012Q2 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
16000000 USD
CY2012Q2 us-gaap Derivative Financial Instruments Liabilities Fair Value Disclosure
DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure
-5000000 USD
CY2012Q2 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
-5000000 USD
CY2012Q2 us-gaap Income Tax Expense Benefit Continuing Operations
IncomeTaxExpenseBenefitContinuingOperations
17000000 USD
us-gaap Income Tax Expense Benefit Continuing Operations
IncomeTaxExpenseBenefitContinuingOperations
22000000 USD
CY2012Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.3 pure
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2012Q2 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
17000000 USD
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
22000000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
1.29 pure
CY2011Q2 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
29000000 USD
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
40000000 USD
CY2011Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.27 pure
us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
8000000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.34 pure
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure

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