2014 Q2 Form 10-K Financial Statement

#000007633415000079 Filed on August 26, 2015

View on sec.gov

Income Statement

Concept 2014 Q2 2014 Q1 2013 Q4
Revenue $3.525B $3.358B $3.106B
YoY Change 2.83% 1.55% 1.32%
Cost Of Revenue $2.669B $2.606B $2.420B
YoY Change 2.04% 1.43% -0.08%
Gross Profit $839.5M $752.5M $686.0M
YoY Change 3.62% 1.99% 6.61%
Gross Profit Margin 23.81% 22.41% 22.09%
Selling, General & Admin $420.4M $407.2M $398.6M
YoY Change 2.26% 7.26% 4.6%
% of Gross Profit 50.08% 54.12% 58.11%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $83.60M $83.00M $84.60M
YoY Change -1.65% -4.38% 2.42%
% of Gross Profit 9.96% 11.03% 12.33%
Operating Expenses $819.5M $407.2M $398.6M
YoY Change 93.32% 7.26% 4.6%
Operating Profit $19.96M $433.9M $379.9M
YoY Change -94.83% -6.24% 3.32%
Interest Expense -$20.20M $20.59M $20.85M
YoY Change -2.88% -10.66% -13.9%
% of Operating Profit -101.2% 4.75% 5.49%
Other Income/Expense, Net $4.812M $417.6M
YoY Change 39.92% 1610.09%
Pretax Income $407.8M $329.5M $495.3M
YoY Change 9.1% -2.68% 88.6%
Income Tax $106.6M $86.97M $241.9M
% Of Pretax Income 26.14% 26.4% 48.84%
Net Earnings $301.0M $242.4M $253.3M
YoY Change 11.02% -5.52% 39.97%
Net Earnings / Revenue 8.54% 7.22% 8.15%
Basic Earnings Per Share $1.63 $1.70
Diluted Earnings Per Share $1.98 $1.60 $1.66
COMMON SHARES
Basic Shares Outstanding 149.0M shares 149.2M shares
Diluted Shares Outstanding 151.7M shares 152.2M shares

Balance Sheet

Concept 2014 Q2 2014 Q1 2013 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.187B $2.096B $2.140B
YoY Change 22.8% 24.99% 329.72%
Cash & Equivalents $1.614B $2.096B $2.140B
Short-Term Investments $574.0M
Other Short-Term Assets $266.0M $306.0M $295.0M
YoY Change -14.19% 12.92% 5.36%
Inventory $1.372B $1.449B $1.449B
Prepaid Expenses $129.8M $183.1M $169.3M
Receivables $1.858B $1.860B $1.626B
Other Receivables $389.0M $238.0M $236.0M
Total Short-Term Assets $6.072B $5.949B $5.745B
YoY Change 9.77% 9.39% 40.26%
LONG-TERM ASSETS
Property, Plant & Equipment $1.824B $1.828B $1.820B
YoY Change 0.89% -0.09% -1.32%
Goodwill $3.171B $3.164B $3.162B
YoY Change -1.62% -2.03% -4.05%
Intangibles $1.188B $1.211B $1.221B
YoY Change -7.92% -7.84% -10.78%
Long-Term Investments $324.6M
YoY Change
Other Assets $1.019B $950.0M $917.0M
YoY Change 48.33% 10.47% 6.88%
Total Long-Term Assets $7.188B $7.153B $7.119B
YoY Change 2.55% -1.1% -3.35%
TOTAL ASSETS
Total Short-Term Assets $6.072B $5.949B $5.745B
Total Long-Term Assets $7.188B $7.153B $7.119B
Total Assets $13.26B $13.10B $12.86B
YoY Change 5.73% 3.4% 12.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.252B $1.200B $1.075B
YoY Change 8.31% 3.3% 0.12%
Accrued Expenses $961.0M $933.0M $838.0M
YoY Change 7.49% 11.34% 3.33%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $816.6M $1.079B $1.217B
YoY Change -38.78% -29.38% 138.68%
Total Short-Term Liabilities $3.253B $3.367B $3.303B
YoY Change -7.6% -7.71% 32.75%
LONG-TERM LIABILITIES
Long-Term Debt $1.508B $1.509B $1.507B
YoY Change 0.81% 0.84% -0.15%
Other Long-Term Liabilities $409.6M $354.2M $339.4M
YoY Change 33.02% 20.22% 12.53%
Total Long-Term Liabilities $1.918B $1.863B $1.846B
YoY Change 6.31% 4.03% 1.97%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.253B $3.367B $3.303B
Total Long-Term Liabilities $1.918B $1.863B $1.846B
Total Liabilities $6.612B $6.648B $6.566B
YoY Change -2.76% -8.42% 7.07%
SHAREHOLDERS EQUITY
Retained Earnings $9.174B $8.946B $8.779B
YoY Change 8.94% 8.71% 9.02%
Common Stock $686.0M $706.8M $709.3M
YoY Change -1.9% -1.94% -1.48%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.377B $2.354B $2.320B
YoY Change 4.53% 3.94% 2.68%
Treasury Stock Shares 32.14M shares 32.11M shares 31.92M shares
Shareholders Equity $6.659B $6.451B $6.295B
YoY Change
Total Liabilities & Shareholders Equity $13.27B $13.10B $12.86B
YoY Change 5.85% 3.4% 12.24%

Cashflow Statement

Concept 2014 Q2 2014 Q1 2013 Q4
OPERATING ACTIVITIES
Net Income $301.0M $242.4M $253.3M
YoY Change 11.02% -5.52% 39.97%
Depreciation, Depletion And Amortization $83.60M $83.00M $84.60M
YoY Change -1.65% -4.38% 2.42%
Cash From Operating Activities $570.4M $277.4M $257.4M
YoY Change 20.82% -25.33% -27.35%
INVESTING ACTIVITIES
Capital Expenditures -$48.90M -$55.60M -$55.10M
YoY Change -5.6% -24.76% -13.23%
Acquisitions
YoY Change
Other Investing Activities -$625.7M -$15.70M $206.8M
YoY Change 5916.35% -218.94% -157.29%
Cash From Investing Activities -$674.7M -$71.10M $151.6M
YoY Change 984.73% 17.33% -135.7%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -375.4M -249.4M -222.3M
YoY Change 26.65% -126.83% -293.47%
NET CHANGE
Cash From Operating Activities 570.4M 277.4M 257.4M
Cash From Investing Activities -674.7M -71.10M 151.6M
Cash From Financing Activities -375.4M -249.4M -222.3M
Net Change In Cash -479.7M -43.10M 186.7M
YoY Change -522.64% -103.47% 318.61%
FREE CASH FLOW
Cash From Operating Activities $570.4M $277.4M $257.4M
Capital Expenditures -$48.90M -$55.60M -$55.10M
Free Cash Flow $619.3M $333.0M $312.5M
YoY Change 18.21% -25.24% -25.2%

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2689000 USD
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11920000 USD
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16805000 USD
CY2014Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Other
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3864000 USD
CY2015Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Other
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5267000 USD
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CY2014Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deferred Tax Assets Current
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxAssetsCurrent
189000 USD
CY2015Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deferred Tax Assets Current
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxAssetsCurrent
5000 USD
CY2013Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deferred Tax Liabilities Noncurrent
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39214000 USD
CY2015Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deferred Tax Liabilities Noncurrent
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2604000 USD
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15532000 USD
CY2013Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Inventory
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93915000 USD
CY2014Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Inventory
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2184000 USD
CY2015Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Inventory
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3099000 USD
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102122000 USD
CY2013Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Noncurrent Liabilities Other
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689000 USD
CY2014Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Noncurrent Liabilities Other
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther
800000 USD
CY2013Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
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74439000 USD
CY2014Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
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11211000 USD
CY2015Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
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1123000 USD
CY2013Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Less Noncontrolling Interest
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621144000 USD
CY2014Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Less Noncontrolling Interest
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17593000 USD
CY2015Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Less Noncontrolling Interest
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedLessNoncontrollingInterest
18618000 USD
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33932000 USD
CY2014 us-gaap Cash Acquired From Acquisition
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1780000 USD
CY2015 us-gaap Cash Acquired From Acquisition
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8332000 USD
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CY2013Q2 us-gaap Cash And Cash Equivalents At Carrying Value
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1781412000 USD
CY2014Q2 us-gaap Cash And Cash Equivalents At Carrying Value
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1613555000 USD
CY2015Q2 us-gaap Cash And Cash Equivalents At Carrying Value
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-167857000 USD
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CY2014Q2 us-gaap Commercial Paper
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CY2015Q2 us-gaap Commercial Paper
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0.41
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CY2013Q1 us-gaap Common Stock Dividends Per Share Cash Paid
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CY2013Q3 us-gaap Common Stock Dividends Per Share Cash Paid
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0.45
CY2014Q1 us-gaap Common Stock Dividends Per Share Cash Paid
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0.48
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0.48
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1.86
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0.48
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0.63
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0.63
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0.63
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2.37
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0.50
CY2015Q2 us-gaap Common Stock Par Or Stated Value Per Share
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0.50
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600000000 shares
CY2015Q2 us-gaap Common Stock Shares Authorized
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600000000 shares
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181046128 shares
CY2015Q2 us-gaap Common Stock Shares Issued
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181046128 shares
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90523000 USD
CY2015Q2 us-gaap Common Stock Value
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90523000 USD
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1256494000 USD
CY2014 us-gaap Comprehensive Income Net Of Tax
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1325383000 USD
CY2015 us-gaap Comprehensive Income Net Of Tax
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97020000 USD
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10086675000 USD
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10188227000 USD
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9655245000 USD
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167350000 USD
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377404000 USD
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185761000 USD
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176739000 USD
CY2014 us-gaap Current Foreign Tax Expense Benefit
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168177000 USD
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19496000 USD
CY2014 us-gaap Current State And Local Tax Expense Benefit
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43860000 USD
CY2015 us-gaap Current State And Local Tax Expense Benefit
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25235000 USD
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1508638000 USD
CY2015Q2 us-gaap Debt And Capital Lease Obligations
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2947102000 USD
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496000 USD
CY2015Q2 us-gaap Debt Current
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15018000 USD
CY2013 us-gaap Deconsolidation Gain Or Loss Amount
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0 USD
CY2014 us-gaap Deconsolidation Gain Or Loss Amount
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412612000 USD
CY2015 us-gaap Deconsolidation Gain Or Loss Amount
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0 USD
CY2014 us-gaap Deconsolidation Revaluation Of Retained Investment Gain Or Loss Amount
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186000000 USD
CY2013 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
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19182000 USD
CY2014 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
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24549000 USD
CY2015 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
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5676000 USD
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DeferredFederalIncomeTaxExpenseBenefit
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DeferredForeignIncomeTaxExpenseBenefit
-28472000 USD
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-28016000 USD
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-11208000 USD
CY2013 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1368000 USD
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-74139000 USD
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
18865000 USD
CY2013 us-gaap Deferred State And Local Income Tax Expense Benefit
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581000 USD
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CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
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1965000 USD
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46006000 USD
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18668000 USD
CY2015Q2 us-gaap Deferred Tax Assets Inventory
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16659000 USD
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305612000 USD
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343045000 USD
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136193000 USD
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340676000 USD
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316994000 USD
CY2014Q2 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
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51875000 USD
CY2015Q2 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
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29965000 USD
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550034000 USD
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614127000 USD
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64267000 USD
CY2015Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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66015000 USD
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128848000 USD
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127838000 USD
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25182000 USD
CY2014Q2 us-gaap Deferred Tax Assets Valuation Allowance
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330006000 USD
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3000000000 USD
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17218000 USD
CY2014Q2 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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3238307000 USD
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1.00
CY2015Q2 us-gaap Defined Benefit Plan Weighted Average Asset Allocations
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1.00
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22046000 USD
CY2014 us-gaap Defined Contribution Plan Cost Recognized
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25247000 USD
CY2015 us-gaap Defined Contribution Plan Cost Recognized
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29570000 USD
CY2013 us-gaap Depreciation
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213722000 USD
CY2014 us-gaap Depreciation
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214965000 USD
CY2015 us-gaap Depreciation
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202776000 USD
CY2013 us-gaap Dividends Cash
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255009000 USD
CY2014 us-gaap Dividends Cash
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278244000 USD
CY2015 us-gaap Dividends Cash
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340389000 USD
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6.36
CY2014 us-gaap Earnings Per Share Basic
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7.08
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6.26
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1.61
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1.66
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1.60
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1.98
CY2014 us-gaap Earnings Per Share Diluted
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6.87
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1.85
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1.80
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2.02
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1.27
CY2015 us-gaap Earnings Per Share Diluted
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6.97
CY2013 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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-14169000 USD
CY2014 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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48766000 USD
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CY2013 us-gaap Effective Income Tax Rate Continuing Operations
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0.276
CY2014 us-gaap Effective Income Tax Rate Continuing Operations
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0.331
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
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0.293
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.350
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.350
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.350
CY2013 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
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-0.010
CY2014 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
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-0.010
CY2015 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
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-0.016
CY2013 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.058
CY2014 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.056
CY2015 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.045
CY2013 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
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0
CY2014 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
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0.045
CY2015 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
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0.000
CY2013 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Life Insurance
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-0.007
CY2014 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Life Insurance
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-0.009
CY2015 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Life Insurance
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-0.001
CY2013 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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0.002
CY2014 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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-0.004
CY2015 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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0.002
CY2013 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.010
CY2014 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.018
CY2015 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.011
CY2013 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
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-0.011
CY2014 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
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-0.003
CY2015 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
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-0.008
CY2014Q2 us-gaap Employee Related Liabilities Current
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409762000 USD
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32204000 USD
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8013000 USD
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3355000 USD
CY2013 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
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47659000 USD
CY2014 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
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37993000 USD
CY2015 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
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17355000 USD
CY2013 us-gaap Employee Stock Ownership Plan Esop Cash Contributions To Esop
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61067000 USD
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63441000 USD
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63914000 USD
CY2013Q2 us-gaap Employee Stock Ownership Plan Esop Shares In Esop
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9686238 shares
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8944697 shares
CY2015Q2 us-gaap Employee Stock Ownership Plan Esop Shares In Esop
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8407858 shares
CY2013 us-gaap Entity Wide Disclosure On Geographic Areas Long Lived Assets
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1808240
CY2014 us-gaap Entity Wide Disclosure On Geographic Areas Long Lived Assets
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1824294
CY2015 us-gaap Entity Wide Disclosure On Geographic Areas Long Lived Assets
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1664022
CY2014Q2 us-gaap Equity Method Investments
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324610000 USD
CY2015Q2 us-gaap Equity Method Investments
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315989000 USD
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208291000 USD
CY2015Q2 us-gaap Excess Of Replacement Or Current Costs Over Stated Lifo Value
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206233000 USD
CY2013 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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66030000 USD
CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
33732000 USD
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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CY2015Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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860115000 USD
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100289000 USD
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22380000 USD
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0 USD
CY2014 us-gaap Gain Loss On Investments Excluding Other Than Temporary Impairments
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0 USD
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0 USD
CY2015 us-gaap Gain Loss On Sale Of Business
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Goodwill
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10430000 USD
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0 USD
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GoodwillAndIntangibleAssetImpairment
188870000 USD
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GoodwillAndIntangibleAssetImpairment
0 USD
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140334000 USD
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CY2014 us-gaap Gross Profit
GrossProfit
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3056499000 USD
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43664000 USD
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CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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1115010000 USD
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1311001000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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1556720000 USD
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1432240000 USD
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CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
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CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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1311001000 USD
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1556720000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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1432240000 USD
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IncomeTaxExpenseBenefit
362217000 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
515302000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
419687000 USD
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IncomeTaxesPaid
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IncomeTaxesPaid
472369000 USD
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IncomeTaxesPaid
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92927000 USD
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CY2014 us-gaap Increase Decrease In Accrued Income Taxes Payable
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86745000 USD
CY2015 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2014 us-gaap Increase Decrease In Deferred Income Taxes
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30796000 USD
CY2015 us-gaap Increase Decrease In Deferred Income Taxes
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37433000 USD
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CY2014 us-gaap Increase Decrease In Employee Related Liabilities
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20840000 USD
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3816000 USD
CY2015 us-gaap Increase Decrease In Inventories
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70377000 USD
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CY2014 us-gaap Increase Decrease In Other Accrued Liabilities
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16007000 USD
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9765000 USD
CY2014 us-gaap Increase Decrease In Other Operating Liabilities
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43498000 USD
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1207000 USD
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CY2014 us-gaap Increase Decrease In Pension And Postretirement Obligations
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CY2015 us-gaap Increase Decrease In Pension And Postretirement Obligations
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156859000 USD
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47451000 USD
CY2014 us-gaap Increase Decrease In Prepaid Expense
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CY2015 us-gaap Increase Decrease In Prepaid Expense
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CY2014 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2015 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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InterestExpense
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InterestExpense
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InterestExpense
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106419000 USD
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CY2014 us-gaap Net Cash Provided By Used In Investing Activities
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CY2014 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
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LeaseAndRentalExpense
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Liabilities
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223142000 USD
CY2015Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
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0 USD
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100000000 USD
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CY2014 us-gaap Net Cash Provided By Used In Financing Activities
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CY2013Q3 us-gaap Net Income Loss
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CY2013Q4 us-gaap Net Income Loss
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CY2014Q1 us-gaap Net Income Loss
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CY2014 us-gaap Net Income Loss
NetIncomeLoss
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NetIncomeLoss
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357000 USD
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370000 USD
CY2015 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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413000 USD
CY2013 us-gaap Net Income Loss Available To Common Stockholders Basic
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948427000 USD
CY2014 us-gaap Net Income Loss Available To Common Stockholders Basic
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1041048000 USD
CY2015 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2014Q2 us-gaap Nontrade Receivables Current
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CY2015Q2 us-gaap Nontrade Receivables Current
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CY2013 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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308067000 USD
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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284335000 USD
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CY2013 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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149710000 USD
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CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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88547000 USD
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OperatingIncomeLoss
1791485000 USD
CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
1790207000 USD
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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32781000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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53066000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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CY2015Q2 us-gaap Operating Loss Carryforwards Valuation Allowance
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CY2015Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
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CY2014 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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CY2015 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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CY2013 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2014 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
192925000 USD
CY2015 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2013 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
1239000 USD
CY2014 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
4692000 USD
CY2015 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
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CY2013 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
306296000 USD
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
284312000 USD
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2013 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
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-1771000 USD
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-23000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
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3817000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
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-306000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
305000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-205000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
-101000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
175131000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
163103000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-160596000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-153770000 USD
CY2013 us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
204000 USD
CY2014 us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
205000 USD
CY2013 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
1091000 USD
CY2014 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
0 USD
CY2015 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
0 USD
CY2014Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
1346224000 USD
CY2015Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
1699197000 USD
CY2014Q2 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.30
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
111818000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
103496000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
63313000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
59607000 USD
CY2014 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
49882000 USD
CY2015 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-57523000 USD
CY2015 us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
-303000 USD
CY2014Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
409573000 USD
CY2015Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
336214000 USD
CY2013 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
18198000 USD
CY2014 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
25513000 USD
CY2015 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
43374000 USD
CY2013 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
21367000 USD
CY2014 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
4454000 USD
CY2015 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
46001000 USD
CY2013 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
258007000 USD
CY2014 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
204043000 USD
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1398446000 USD
CY2013 us-gaap Payments Of Dividends
PaymentsOfDividends
255009000 USD
CY2014 us-gaap Payments Of Dividends
PaymentsOfDividends
278244000 USD
CY2015 us-gaap Payments Of Dividends
PaymentsOfDividends
340389000 USD
CY2013 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
621144000 USD
CY2014 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
17593000 USD
CY2015 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
18618000 USD
CY2013 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
0 USD
CY2014 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
624880000 USD
CY2015 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
1747333000 USD
CY2013 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
265896000 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
216340000 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
215527000 USD
CY2015Q2 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.32
CY2014Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.50
CY2015Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.50
CY2014Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
3000000 shares
CY2015Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
3000000 shares
CY2014Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2015Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2015Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2014Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
129837000 USD
CY2015Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
241684000 USD
CY2013 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
73515000 USD
CY2014 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
0 USD
CY2015 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
37265000 USD
CY2013 us-gaap Proceeds From Divestiture Of Interest In Subsidiaries And Affiliates
ProceedsFromDivestitureOfInterestInSubsidiariesAndAffiliates
0 USD
CY2014 us-gaap Proceeds From Divestiture Of Interest In Subsidiaries And Affiliates
ProceedsFromDivestitureOfInterestInSubsidiariesAndAffiliates
202498000 USD
CY2015 us-gaap Proceeds From Divestiture Of Interest In Subsidiaries And Affiliates
ProceedsFromDivestitureOfInterestInSubsidiariesAndAffiliates
0 USD
CY2013 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
3768000 USD
CY2014 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
748000 USD
CY2015 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1483015000 USD
CY2013 us-gaap Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
1319524000 USD
CY2014 us-gaap Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
-515387000 USD
CY2015 us-gaap Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
-815171000 USD
CY2013 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
0 USD
CY2014 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
0 USD
CY2015 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
1391396000 USD
CY2013 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
25047000 USD
CY2014 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
14368000 USD
CY2015 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
19655000 USD
CY2013 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
32204000 USD
CY2014 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
8013000 USD
CY2015 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3355000 USD
CY2013 us-gaap Profit Loss
ProfitLoss
948784000 USD
CY2014 us-gaap Profit Loss
ProfitLoss
1041418000 USD
CY2015 us-gaap Profit Loss
ProfitLoss
1012553000 USD
CY2014Q2 us-gaap Progress Payments Netted Against Inventory For Long Term Contracts Or Programs
ProgressPaymentsNettedAgainstInventoryForLongTermContractsOrPrograms
61958000 USD
CY2015Q2 us-gaap Progress Payments Netted Against Inventory For Long Term Contracts Or Programs
ProgressPaymentsNettedAgainstInventoryForLongTermContractsOrPrograms
34820000 USD
CY2013 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
340335000 USD
CY2014 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
216340000 USD
CY2015 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
215527000 USD
CY2014Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
5152591000 USD
CY2015Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4862611000 USD
CY2014Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1824294000 USD
CY2015Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1664022000 USD
CY2014 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-112023000 USD
CY2015 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-107517000 USD
CY2013 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
331245000 USD
CY2014 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
2934000 USD
CY2015 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
537000 USD
CY2013 us-gaap Research And Development Arrangement Contract To Perform For Others Costs Incurred Gross
ResearchAndDevelopmentArrangementContractToPerformForOthersCostsIncurredGross
58916000 USD
CY2014 us-gaap Research And Development Arrangement Contract To Perform For Others Costs Incurred Gross
ResearchAndDevelopmentArrangementContractToPerformForOthersCostsIncurredGross
55916000 USD
CY2015 us-gaap Research And Development Arrangement Contract To Perform For Others Costs Incurred Gross
ResearchAndDevelopmentArrangementContractToPerformForOthersCostsIncurredGross
57799000 USD
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
103161000 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.018
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
96093000 USD
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.017
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.019
CY2014Q3 us-gaap Sales Revenue Net
SalesRevenueNet
3269932000 USD
CY2014Q4 us-gaap Sales Revenue Net
SalesRevenueNet
3134993000 USD
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
8134206 shares
CY2013 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
406613000 USD
CY2014 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
410132000 USD
CY2015 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
403085000 USD
CY2014Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
9174189000 USD
CY2015Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
9841885000 USD
CY2013 us-gaap Revenues
Revenues
13015704000 USD
CY2014 us-gaap Revenues
Revenues
13215971000 USD
CY2015 us-gaap Revenues
Revenues
12711744000 USD
CY2013 us-gaap Sales Revenue Net
SalesRevenueNet
13015704000 USD
CY2013Q3 us-gaap Sales Revenue Net
SalesRevenueNet
3226144000 USD
CY2013Q4 us-gaap Sales Revenue Net
SalesRevenueNet
3106006000 USD
CY2014Q1 us-gaap Sales Revenue Net
SalesRevenueNet
3358406000 USD
CY2014Q2 us-gaap Sales Revenue Net
SalesRevenueNet
3525415000 USD
CY2014 us-gaap Sales Revenue Net
SalesRevenueNet
13215971000 USD
CY2015Q1 us-gaap Sales Revenue Net
SalesRevenueNet
3162311000 USD
CY2015Q2 us-gaap Sales Revenue Net
SalesRevenueNet
3144508000 USD
CY2015 us-gaap Sales Revenue Net
SalesRevenueNet
12711744000 USD
CY2013 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1554973000 USD
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
72.87
CY2014 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1633992000 USD
CY2015 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1544746000 USD
CY2013 us-gaap Share Based Compensation
ShareBasedCompensation
84996000 USD
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
79.84
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
1128279 shares
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
24.76
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
32.57
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
30.50
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
298000000 USD
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
8208699 shares
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.390
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.391
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.323
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.008
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0155
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.020
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
5824117 shares
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
69.43
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
43671 shares
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
62.82
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
101.10
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
113.92
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y10M24D
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y1M6D
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y4M24D
CY2015Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
273900000 USD
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y
CY2014Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
2484971 shares
CY2015Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
2310089 shares
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares
38243 shares
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue
31.00
CY2014Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
28.89
CY2015Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
30.71
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y2M12D
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
1264918 shares
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
26.93
CY2014Q2 us-gaap Short Term Investments
ShortTermInvestments
573701000 USD
CY2015Q2 us-gaap Short Term Investments
ShortTermInvestments
733490000 USD
CY2015Q2 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Estimated Range Of Change Upper Bound
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleEstimatedRangeOfChangeUpperBound
100000000 USD
CY2015 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1159101 shares
CY2013 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
93696000 USD
CY2014 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
73841000 USD
CY2015 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
81549000 USD
CY2013 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
208426000 USD
CY2014 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
155903000 USD
CY2015 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
72140000 USD
CY2013 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
3006005 shares
CY2014 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
1741143 shares
CY2015 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
11091759 shares
CY2014Q2 us-gaap Stockholders Equity
StockholdersEquity
6659428000 USD
CY2015Q2 us-gaap Stockholders Equity
StockholdersEquity
5104287000 USD
CY2012Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4905730000 USD
CY2013Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5741481000 USD
CY2014Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6662808000 USD
CY2015Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5107569000 USD
CY2013 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
85.55
CY2014 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
114.87
CY2015 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
125.64
CY2014Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
32143315 shares
CY2015Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
42487389 shares
CY2014Q2 us-gaap Treasury Stock Value
TreasuryStockValue
2377284000 USD
CY2015Q2 us-gaap Treasury Stock Value
TreasuryStockValue
3712232000 USD
CY2013 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
257177000 USD
CY2014 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
200000000 USD
CY2015 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1393578000 USD
CY2012Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
109735000 USD
CY2013Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
107440000 USD
CY2014Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
164813000 USD
CY2015Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
145688000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsDecreasesResultingFromForeignCurrencyTranslation
27008000 USD
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
20683000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1359000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
6945000 USD
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
4266000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
1856000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
10285000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
7752000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
6090000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsIncreasesResultingFromForeignCurrencyTranslation
2087000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsIncreasesResultingFromForeignCurrencyTranslation
2705000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
10719000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
55136000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
14989000 USD
CY2013Q2 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
5184000 USD
CY2014Q2 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
8198000 USD
CY2015Q2 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
9514000 USD
CY2013 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
437000 USD
CY2014 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
5005000 USD
CY2015 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
6251000 USD
CY2013Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
60876000 USD
CY2014Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
71898000 USD
CY2015Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
83471000 USD
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
151588031 shares
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
151444103 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
145112150 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
149218257 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
149099448 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
142925327 shares
CY2015 us-gaap Nature Of Operations
NatureOfOperations
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Nature of Operations</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">-</font><font style="font-family:inherit;font-size:10pt;"> The Company is a leading worldwide diversified manufacturer of motion and control technologies and systems, providing precision engineered solutions for a wide variety of mobile, industrial and aerospace markets. The Company evaluates performance based on segment operating income before corporate and administrative expenses, interest expense and income taxes.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> The Diversified Industrial Segment is an aggregation of several business units, which manufacture motion-control and fluid power system components for builders and users of various types of manufacturing, packaging, processing, transportation, agricultural, construction, and military vehicles and equipment. Diversified Industrial Segment products are marketed primarily through field sales employees and independent distributors. The Diversified Industrial North American operations have manufacturing plants and distribution networks throughout the United States, Canada and Mexico and primarily service North America. The Diversified Industrial International operations provide Parker products and services to </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">47</font><font style="font-family:inherit;font-size:10pt;"> countries throughout Europe, Asia Pacific, Latin America, the Middle East and Africa.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Aerospace Systems Segment produces hydraulic, fuel, pneumatic and electro-mechanical systems and components, which are utilized on virtually every domestic commercial, military and general aviation aircraft and also performs a vital role in naval vessels and land-based weapons systems. This Segment serves original equipment and maintenance, repair and overhaul customers worldwide. Aerospace Systems Segment products are marketed by field sales employees and are sold directly to manufacturers and end-users.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">See the table of Business Segment Information on pages 13-15 and 13-16 for further disclosure of business segment information.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">There are </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">no</font><font style="font-family:inherit;font-size:10pt;"> individual customers to whom sales are more than </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">four</font><font style="font-family:inherit;font-size:10pt;"> percent of the Company's consolidated sales. Due to the diverse group of customers throughout the world, the Company does not consider itself exposed to any concentration of credit risks.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company manufactures and markets its products throughout the world. Although certain risks and uncertainties exist, the diversity and breadth of the Company's products and geographic operations mitigate the risk that adverse changes with respect to any particular product and geographic operation would materially affect the Company's operating results.</font></div></div>
CY2015 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates -</font><font style="font-family:inherit;font-size:10pt;"> The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.</font></div></div>

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