2017 Q1 Form 10-Q Financial Statement
#000137094617000014 Filed on April 26, 2017
Income Statement
Concept | 2017 Q1 | 2016 Q1 |
---|---|---|
Revenue | $1.478B | $1.231B |
YoY Change | 20.06% | 2.33% |
Cost Of Revenue | $1.136B | $959.0M |
YoY Change | 18.46% | -3.52% |
Gross Profit | $342.0M | $272.0M |
YoY Change | 25.74% | 30.14% |
Gross Profit Margin | 23.14% | 22.1% |
Selling, General & Admin | $142.0M | $132.0M |
YoY Change | 7.58% | 2.33% |
% of Gross Profit | 41.52% | 48.53% |
Research & Development | $21.00M | $19.00M |
YoY Change | 10.53% | 11.76% |
% of Gross Profit | 6.14% | 6.99% |
Depreciation & Amortization | $84.00M | $76.00M |
YoY Change | 10.53% | 1.33% |
% of Gross Profit | 24.56% | 27.94% |
Operating Expenses | $174.0M | $156.0M |
YoY Change | 11.54% | 3.31% |
Operating Profit | $168.0M | $116.0M |
YoY Change | 44.83% | 100.0% |
Interest Expense | $26.00M | $23.00M |
YoY Change | 13.04% | -11.54% |
% of Operating Profit | 15.48% | 19.83% |
Other Income/Expense, Net | ||
YoY Change | ||
Pretax Income | $144.0M | $93.00M |
YoY Change | 54.84% | 190.63% |
Income Tax | $43.00M | $34.00M |
% Of Pretax Income | 29.86% | 36.56% |
Net Earnings | $101.0M | $57.00M |
YoY Change | 77.19% | 216.67% |
Net Earnings / Revenue | 6.83% | 4.63% |
Basic Earnings Per Share | $0.90 | $0.49 |
Diluted Earnings Per Share | $0.89 | $0.49 |
COMMON SHARES | ||
Basic Shares Outstanding | 112.3M shares | 115.5M shares |
Diluted Shares Outstanding | 113.5M shares | 116.5M shares |
Balance Sheet
Concept | 2017 Q1 | 2016 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $101.0M | $54.00M |
YoY Change | 87.04% | -29.87% |
Cash & Equivalents | $101.0M | $54.00M |
Short-Term Investments | ||
Other Short-Term Assets | $76.00M | $50.00M |
YoY Change | 52.0% | -78.72% |
Inventory | $726.0M | $708.0M |
Prepaid Expenses | ||
Receivables | $918.0M | $785.0M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $1.833B | $1.610B |
YoY Change | 13.85% | -19.3% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $3.117B | $2.988B |
YoY Change | 4.32% | 4.81% |
Goodwill | $1.337B | $1.167B |
YoY Change | 14.57% | -0.09% |
Intangibles | $1.133B | $996.0M |
YoY Change | 13.76% | -1.68% |
Long-Term Investments | $0.00 | $0.00 |
YoY Change | ||
Other Assets | $197.0M | $219.0M |
YoY Change | -10.05% | -6.81% |
Total Long-Term Assets | $6.133B | $5.845B |
YoY Change | 4.93% | 2.53% |
TOTAL ASSETS | ||
Total Short-Term Assets | $1.833B | $1.610B |
Total Long-Term Assets | $6.133B | $5.845B |
Total Assets | $7.966B | $7.455B |
YoY Change | 6.85% | -3.13% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $972.0M | $886.0M |
YoY Change | 9.71% | -0.23% |
Accrued Expenses | ||
YoY Change | ||
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $1.000M | $3.000M |
YoY Change | -66.67% | -78.57% |
Long-Term Debt Due | $3.000M | $163.0M |
YoY Change | -98.16% | 5333.33% |
Total Short-Term Liabilities | $975.0M | $1.059B |
YoY Change | -7.93% | 16.12% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $2.256B | $1.785B |
YoY Change | 26.39% | -21.5% |
Other Long-Term Liabilities | $171.0M | $153.0M |
YoY Change | 11.76% | 15.91% |
Total Long-Term Liabilities | $2.427B | $1.938B |
YoY Change | 25.23% | -19.45% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $975.0M | $1.059B |
Total Long-Term Liabilities | $2.427B | $1.938B |
Total Liabilities | $3.402B | $2.997B |
YoY Change | 13.51% | -9.67% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $1.455B | $1.091B |
YoY Change | 33.36% | 35.87% |
Common Stock | $1.000M | $1.000M |
YoY Change | 0.0% | 0.0% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $854.0M | $636.0M |
YoY Change | 34.28% | 23.5% |
Treasury Stock Shares | 23.40M shares | 19.90M shares |
Shareholders Equity | $3.905B | $3.787B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $7.966B | $7.455B |
YoY Change | 6.85% | -3.13% |
Cashflow Statement
Concept | 2017 Q1 | 2016 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $101.0M | $57.00M |
YoY Change | 77.19% | 216.67% |
Depreciation, Depletion And Amortization | $84.00M | $76.00M |
YoY Change | 10.53% | 1.33% |
Cash From Operating Activities | $7.000M | $63.00M |
YoY Change | -88.89% | -154.31% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$67.00M | -$98.00M |
YoY Change | -31.63% | 10.11% |
Acquisitions | $0.00 | |
YoY Change | ||
Other Investing Activities | $0.00 | |
YoY Change | ||
Cash From Investing Activities | -$67.00M | -$98.00M |
YoY Change | -31.63% | 10.11% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | $45.00M | $40.00M |
YoY Change | 12.5% | 2.56% |
Common Stock Issuance & Retirement, Net | $72.00M | $43.00M |
YoY Change | 67.44% | 126.32% |
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | $43.00M | -$8.000M |
YoY Change | -637.5% | -103.74% |
NET CHANGE | ||
Cash From Operating Activities | $7.000M | $63.00M |
Cash From Investing Activities | -$67.00M | -$98.00M |
Cash From Financing Activities | $43.00M | -$8.000M |
Net Change In Cash | -$11.00M | -$43.00M |
YoY Change | -74.42% | -577.78% |
FREE CASH FLOW | ||
Cash From Operating Activities | $7.000M | $63.00M |
Capital Expenditures | -$67.00M | -$98.00M |
Free Cash Flow | $74.00M | $161.0M |
YoY Change | -54.04% | -696.3% |
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EquityMethodInvestments
|
0 | USD |
CY2017Q1 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
0 | USD |
CY2016Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
220000000 | USD |
CY2017Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
227000000 | USD |
CY2017Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
27000000 | USD |
CY2016Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
1358000000 | USD |
CY2017Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
1360000000 | USD |
CY2016Q4 | us-gaap |
Goodwill
Goodwill
|
1336000000 | USD |
CY2017Q1 | us-gaap |
Goodwill
Goodwill
|
1337000000 | USD |
CY2017Q1 | us-gaap |
Goodwill Translation Adjustments
GoodwillTranslationAdjustments
|
1000000 | USD |
CY2016Q1 | us-gaap |
Gross Profit
GrossProfit
|
272000000 | USD |
CY2017Q1 | us-gaap |
Gross Profit
GrossProfit
|
343000000 | USD |
CY2016Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
93000000 | USD |
CY2017Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
144000000 | USD |
CY2016Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
0 | USD |
CY2017Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
0 | USD |
CY2016Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
34000000 | USD |
CY2017Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
43000000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
82000000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
204000000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
17000000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
5000000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Pension Plan Obligations
IncreaseDecreaseInPensionPlanObligations
|
-7000000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Pension Plan Obligations
IncreaseDecreaseInPensionPlanObligations
|
-6000000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Postretirement Obligations
IncreaseDecreaseInPostretirementObligations
|
-5000000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Postretirement Obligations
IncreaseDecreaseInPostretirementObligations
|
-8000000 | USD |
CY2016Q1 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
400000 | shares |
CY2017Q1 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
300000 | shares |
CY2016Q1 | us-gaap |
Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
|
600000 | shares |
CY2017Q1 | us-gaap |
Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
|
900000 | shares |
CY2016Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1138000000 | USD |
CY2017Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1133000000 | USD |
CY2016Q1 | us-gaap |
Interest Expense
InterestExpense
|
23000000 | USD |
CY2017Q1 | us-gaap |
Interest Expense
InterestExpense
|
26000000 | USD |
CY2016Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
482000000 | USD |
CY2017Q1 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
478000000 | USD |
CY2016Q4 | us-gaap |
Inventory Net
InventoryNet
|
710000000 | USD |
CY2017Q1 | us-gaap |
Inventory Net
InventoryNet
|
726000000 | USD |
CY2016Q4 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
228000000 | USD |
CY2017Q1 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
248000000 | USD |
CY2016Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
7741000000 | USD |
CY2017Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
7966000000 | USD |
CY2016Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
963000000 | USD |
CY2017Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
975000000 | USD |
CY2015Q4 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
800000000 | USD |
CY2016Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
2102000000 | USD |
CY2017Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
2259000000 | USD |
CY2016Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
2099000000 | USD |
CY2017Q1 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
2256000000 | USD |
CY2016Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
3000000 | USD |
CY2017Q1 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
3000000 | USD |
CY2016Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
3000000 | USD |
CY2017Q1 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
3000000 | USD |
CY2016Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
2099000000 | USD |
CY2017Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
2256000000 | USD |
CY2016Q4 | us-gaap |
Minority Interest
MinorityInterest
|
40000000 | USD |
CY2017Q1 | us-gaap |
Minority Interest
MinorityInterest
|
41000000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-8000000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
43000000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-98000000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-67000000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
63000000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
7000000 | USD |
CY2016Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
57000000 | USD |
CY2017Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
101000000 | USD |
CY2016Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
2000000 | USD |
CY2017Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | USD |
CY2017Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
3 | segment |
CY2016Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
156000000 | USD |
CY2017Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
173000000 | USD |
CY2016Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
74000000 | USD |
CY2017Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
76000000 | USD |
CY2016Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
194000000 | USD |
CY2017Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
197000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
1000000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
-2000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
|
0 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
|
1000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
34000000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
36000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
5000000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
0 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
|
2000000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
|
-1000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-10000000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
0 | USD |
CY2016Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
164000000 | USD |
CY2017Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
171000000 | USD |
CY2016Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
1000000 | USD |
CY2017Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-6000000 | USD |
CY2016Q4 | us-gaap |
Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
|
221000000 | USD |
CY2017Q1 | us-gaap |
Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
|
222000000 | USD |
CY2016Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
43000000 | USD |
CY2017Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
72000000 | USD |
CY2017Q1 | us-gaap |
Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
|
60000000 | USD |
CY2016Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
40000000 | USD |
CY2017Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
45000000 | USD |
CY2016Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
98000000 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
67000000 | USD |
CY2016Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2017Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2016Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2017Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2017Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2017Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2016Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
52000000 | USD |
CY2017Q1 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
54000000 | USD |
CY2017Q1 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
2000000 | USD |
CY2017Q1 | us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
4000000 | USD |
CY2016Q1 | us-gaap |
Profit Loss
ProfitLoss
|
59000000 | USD |
CY2017Q1 | us-gaap |
Profit Loss
ProfitLoss
|
101000000 | USD |
CY2016Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
5131000000 | USD |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
221050 | shares |
CY2017Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
5208000000 | USD |
CY2016Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
3112000000 | USD |
CY2017Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
3117000000 | USD |
CY2016Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
678000000 | USD |
CY2017Q1 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
918000000 | USD |
CY2016Q4 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
2000000 | USD |
CY2017Q1 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
0 | USD |
CY2017Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2016Q1 | us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
150000000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
194000000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-1000000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
3000000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
-3000000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
0 | USD |
CY2016Q1 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
71000000 | USD |
CY2017Q1 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
37000000 | USD |
CY2016Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
19000000 | USD |
CY2017Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
21000000 | USD |
CY2016Q1 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
0 | USD |
CY2016Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
6000000 | USD |
CY2017Q1 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
6000000 | USD |
CY2017Q1 | us-gaap |
Restructuring And Related Cost Cost Incurred To Date1
RestructuringAndRelatedCostCostIncurredToDate1
|
66000000 | USD |
CY2016Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
0 | USD |
CY2016Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
2000000 | USD |
CY2017Q1 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
2000000 | USD |
CY2016Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
1377000000 | USD |
CY2017Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
1455000000 | USD |
CY2016Q1 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
1231000000 | USD |
CY2017Q1 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
1478000000 | USD |
CY2016Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
8000000 | USD |
CY2017Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
10000000 | USD |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
|
P4Y | |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
|
8052 | shares |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
59.71 | |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.261 | |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.014 | |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
2000 | shares |
CY2013Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Maximum Employee Subscription Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumEmployeeSubscriptionRate
|
0.85 | |
CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
975400 | shares |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
901700 | shares |
CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
35.14 | |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
34.97 | |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
37.13 | |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
37.65 | |
CY2017Q1 | us-gaap |
Share Based Goods And Nonemployee Services Transaction Valuation Method Expected Term1
ShareBasedGoodsAndNonemployeeServicesTransactionValuationMethodExpectedTerm1
|
P2Y11M | |
CY2016Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
1000000 | USD |
CY2017Q1 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
1000000 | USD |
CY2017Q1 | us-gaap |
Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
|
0 | |
CY2017Q1 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
71700 | shares |
CY2017Q1 | us-gaap |
Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
|
8800000 | shares |
CY2017Q1 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
1000000 | shares |
CY2016Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3849000000 | USD |
CY2017Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3905000000 | USD |
CY2016Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3889000000 | USD |
CY2017Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3946000000 | USD |
CY2016Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
22800000 | shares |
CY2017Q1 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
23400000 | shares |
CY2016Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
803000000 | USD |
CY2017Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
854000000 | USD |
CY2016Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
116500000 | shares |
CY2017Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
113500000 | shares |
CY2016Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
115500000 | shares |
CY2017Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
112300000 | shares |