2015 Q3 Form 10-Q Financial Statement

#000007987915000051 Filed on October 26, 2015

View on sec.gov

Income Statement

Concept 2015 Q3 2014 Q3
Revenue $3.725B $3.935B
YoY Change -5.34% 4.27%
Cost Of Revenue $2.049B $2.229B
YoY Change -8.08% 3.15%
Gross Profit $1.676B $1.706B
YoY Change -1.76% 5.77%
Gross Profit Margin 44.99% 43.35%
Selling, General & Admin $875.0M $941.0M
YoY Change -7.01% 3.41%
% of Gross Profit 52.21% 55.16%
Research & Development $117.0M $120.0M
YoY Change -2.5% 2.56%
% of Gross Profit 6.98% 7.03%
Depreciation & Amortization $87.00M $87.00M
YoY Change 0.0% 2.35%
% of Gross Profit 5.19% 5.1%
Operating Expenses $992.0M $1.061B
YoY Change -6.5% 3.31%
Operating Profit $626.0M $618.0M
YoY Change 1.29% 11.96%
Interest Expense $31.00M $47.00M
YoY Change -34.04% -2.08%
% of Operating Profit 4.95% 7.61%
Other Income/Expense, Net $21.00M $150.0M
YoY Change -86.0% 26.05%
Pretax Income $554.0M $499.0M
YoY Change 11.02% 102.02%
Income Tax $133.0M $116.0M
% Of Pretax Income 24.01% 23.25%
Net Earnings $433.0M $371.0M
YoY Change 16.71% 64.16%
Net Earnings / Revenue 11.62% 9.43%
Basic Earnings Per Share $1.60 $1.34
Diluted Earnings Per Share $1.59 $1.33
COMMON SHARES
Basic Shares Outstanding 271.1M shares 276.4M shares
Diluted Shares Outstanding 273.1M shares 279.4M shares

Balance Sheet

Concept 2015 Q3 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.414B $3.038B
YoY Change -53.46% 35.08%
Cash & Equivalents $1.015B $2.468B
Short-Term Investments $399.0M $570.0M
Other Short-Term Assets $589.0M $566.0M
YoY Change 4.06% 26.62%
Inventory $1.841B $1.905B
Prepaid Expenses
Receivables $3.062B $2.968B
Other Receivables $0.00 $0.00
Total Short-Term Assets $7.292B $8.898B
YoY Change -18.05% 9.58%
LONG-TERM ASSETS
Property, Plant & Equipment $2.919B $2.720B
YoY Change 7.32% 1.23%
Goodwill $3.643B $2.898B
YoY Change 25.71% -4.13%
Intangibles $3.524B $1.768B
YoY Change 99.32% -5.4%
Long-Term Investments $453.0M $449.0M
YoY Change 0.89% 11.14%
Other Assets $669.0M $596.0M
YoY Change 12.25% 47.52%
Total Long-Term Assets $10.28B $8.189B
YoY Change 25.56% -3.86%
TOTAL ASSETS
Total Short-Term Assets $7.292B $8.898B
Total Long-Term Assets $10.28B $8.189B
Total Assets $17.57B $17.09B
YoY Change 2.85% 2.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.611B $3.687B
YoY Change -2.06% 5.25%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $42.00M $0.00
YoY Change
Long-Term Debt Due $302.0M $394.0M
YoY Change -23.35% 1359.26%
Total Short-Term Liabilities $4.770B $4.896B
YoY Change -2.57% 12.24%
LONG-TERM LIABILITIES
Long-Term Debt $4.250B $2.954B
YoY Change 43.87% -12.29%
Other Long-Term Liabilities $826.0M $811.0M
YoY Change 1.85% -13.72%
Total Long-Term Liabilities $5.076B $3.765B
YoY Change 34.82% -12.6%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.770B $4.896B
Total Long-Term Liabilities $5.076B $3.765B
Total Liabilities $12.38B $10.88B
YoY Change 13.75% -2.46%
SHAREHOLDERS EQUITY
Retained Earnings $15.30B $14.51B
YoY Change 5.49% 15.23%
Common Stock $1.593B $1.485B
YoY Change 7.27% 4.58%
Preferred Stock
YoY Change
Treasury Stock (at cost) $9.192B $8.423B
YoY Change 9.13% 14.93%
Treasury Stock Shares
Shareholders Equity $5.111B $6.121B
YoY Change
Total Liabilities & Shareholders Equity $17.57B $17.09B
YoY Change 2.85% 2.7%

Cashflow Statement

Concept 2015 Q3 2014 Q3
OPERATING ACTIVITIES
Net Income $433.0M $371.0M
YoY Change 16.71% 64.16%
Depreciation, Depletion And Amortization $87.00M $87.00M
YoY Change 0.0% 2.35%
Cash From Operating Activities $800.0M $636.0M
YoY Change 25.79% -19.29%
INVESTING ACTIVITIES
Capital Expenditures -$104.0M -$126.0M
YoY Change -17.46% 24.75%
Acquisitions
YoY Change
Other Investing Activities -$139.0M $324.0M
YoY Change -142.9% -359.2%
Cash From Investing Activities -$243.0M $198.0M
YoY Change -222.73% -187.61%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -226.0M -270.0M
YoY Change -16.3% 2.66%
NET CHANGE
Cash From Operating Activities 800.0M 636.0M
Cash From Investing Activities -243.0M 198.0M
Cash From Financing Activities -226.0M -270.0M
Net Change In Cash 331.0M 564.0M
YoY Change -41.31% 88.63%
FREE CASH FLOW
Cash From Operating Activities $800.0M $636.0M
Capital Expenditures -$104.0M -$126.0M
Free Cash Flow $904.0M $762.0M
YoY Change 18.64% -14.29%

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us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Diluted
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us-gaap Earnings Per Share Diluted
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us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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CY2015Q3 us-gaap Effective Income Tax Rate Continuing Operations
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us-gaap Environmental Expense And Liabilities
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us-gaap Environmental Expense And Liabilities
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CY2014Q3 us-gaap Environmental Remediation Expense
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us-gaap Environmental Remediation Expense
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us-gaap Environmental Remediation Expense
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CY2015Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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CY2015Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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CY2015Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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CY2015Q3 us-gaap Finite Lived Intangible Assets Gross
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CY2015Q3 us-gaap Finite Lived Intangible Assets Net
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CY2015Q3 us-gaap Foreign Currency Contract Asset Fair Value Disclosure
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us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Per Basic Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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us-gaap Increase Decrease In Receivables
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us-gaap Increase Decrease In Receivables
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us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2015Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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us-gaap Notional Amount Of Nonderivative Instruments
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us-gaap Number Of Operating Segments
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us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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us-gaap Other Income
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CY2015Q3 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
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CY2014Q3 us-gaap Payments For Environmental Liabilities
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us-gaap Payments For Environmental Liabilities
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us-gaap Payments For Environmental Liabilities
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us-gaap Payments For Hedge Investing Activities
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us-gaap Payments For Hedge Investing Activities
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us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments For Restructuring
PaymentsForRestructuring
41000000 USD
us-gaap Payments For Restructuring
PaymentsForRestructuring
31000000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
269000000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
287000000 USD
us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
39000000 USD
us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
0 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
114000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
248000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
358000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
266000000 USD
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
936000000 USD
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
97000000 USD
us-gaap Pension Contributions
PensionContributions
12000000 USD
us-gaap Pension Contributions
PensionContributions
286000000 USD
us-gaap Pension Expense
PensionExpense
49000000 USD
us-gaap Pension Expense
PensionExpense
77000000 USD
CY2014Q1 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
1735000000 USD
us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
1625000000 USD
us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
47000000 USD
us-gaap Proceeds From Hedge Investing Activities
ProceedsFromHedgeInvestingActivities
37000000 USD
us-gaap Proceeds From Hedge Investing Activities
ProceedsFromHedgeInvestingActivities
37000000 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
1240000000 USD
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
0 USD
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
1242000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-17000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-24000000 USD
us-gaap Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less
ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess
-14000000 USD
us-gaap Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less
ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess
-18000000 USD
us-gaap Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
960000000 USD
us-gaap Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
171000000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
56000000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
0 USD
us-gaap Proceeds From Sale Of Treasury Stock
ProceedsFromSaleOfTreasuryStock
52000000 USD
us-gaap Proceeds From Sale Of Treasury Stock
ProceedsFromSaleOfTreasuryStock
51000000 USD
CY2014Q3 us-gaap Profit Loss
ProfitLoss
377000000 USD
us-gaap Profit Loss
ProfitLoss
2070000000 USD
CY2015Q3 us-gaap Profit Loss
ProfitLoss
439000000 USD
us-gaap Profit Loss
ProfitLoss
1108000000 USD
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3092000000 USD
CY2015Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2919000000 USD
CY2014Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
2815000000 USD
CY2015Q3 us-gaap Receivables Net Current
ReceivablesNetCurrent
3062000000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
27000000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
111000000 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
39000000 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
339000000 USD
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
0 USD
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
392000000 USD
CY2014Q3 us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
120000000 USD
us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
366000000 USD
CY2015Q3 us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
119000000 USD
us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
361000000 USD
CY2014Q3 us-gaap Restructuring Charges
RestructuringCharges
0 USD
us-gaap Restructuring Charges
RestructuringCharges
0 USD
CY2015Q2 us-gaap Restructuring Charges
RestructuringCharges
140000000 USD
us-gaap Restructuring Charges
RestructuringCharges
140000000 USD
CY2015Q3 us-gaap Restructuring Charges
RestructuringCharges
0 USD
us-gaap Restructuring Charges
RestructuringCharges
140000000 USD
CY2015Q3 us-gaap Restructuring Reserve
RestructuringReserve
0 USD
CY2014Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
26000000 USD
CY2015Q3 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
92000000 USD
CY2015Q3 us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
0 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
14498000000 USD
CY2015Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
15302000000 USD
CY2014Q3 us-gaap Revenues
Revenues
3935000000 USD
us-gaap Revenues
Revenues
11653000000 USD
CY2015Q3 us-gaap Revenues
Revenues
3872000000 USD
us-gaap Revenues
Revenues
11634000000 USD
CY2014Q3 us-gaap Sales Revenue Net
SalesRevenueNet
3935000000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
11653000000 USD
CY2015Q3 us-gaap Sales Revenue Net
SalesRevenueNet
3872000000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
11634000000 USD
CY2014Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
941000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2826000000 USD
CY2015Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
890000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2757000000 USD
us-gaap Severance Costs1
SeveranceCosts1
121000000 USD
CY2014Q3 us-gaap Share Based Compensation
ShareBasedCompensation
15000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
53000000 USD
CY2015Q3 us-gaap Share Based Compensation
ShareBasedCompensation
3000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
43000000 USD
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
118.02
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.027
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.292
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.019
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
10000000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
725442 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
589350 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
21.55
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
26.94
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y6M
us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
P10Y
CY2014Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
115000000 USD
CY2015Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
42000000 USD
CY2014Q4 us-gaap Short Term Investments
ShortTermInvestments
497000000 USD
CY2015Q3 us-gaap Short Term Investments
ShortTermInvestments
399000000 USD
us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
64000000 USD
us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
69000000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
5180000000 USD
CY2015Q3 us-gaap Stockholders Equity
StockholdersEquity
5111000000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5198000000 USD
CY2014Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6205000000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5265000000 USD
CY2015Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5196000000 USD
CY2015Q3 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
2
CY2014Q4 us-gaap Treasury Stock Value
TreasuryStockValue
8714000000 USD
CY2015Q3 us-gaap Treasury Stock Value
TreasuryStockValue
9192000000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
450000000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
501000000 USD
CY2014 us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
169000000 USD
us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
280000000 USD
CY2015Q3 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
19000000 USD
CY2014Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3000000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2800000 shares
CY2015Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2000000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2200000 shares
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
279400000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
280200000 shares
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
273100000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
274400000 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
276400000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
277400000 shares
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
271100000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
272200000 shares

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