2016 Q3 Form 10-Q Financial Statement

#000007987916000118 Filed on October 21, 2016

View on sec.gov

Income Statement

Concept 2016 Q3 2015 Q3
Revenue $3.660B $3.725B
YoY Change -1.74% -5.34%
Cost Of Revenue $1.978B $2.049B
YoY Change -3.47% -8.08%
Gross Profit $1.682B $1.676B
YoY Change 0.36% -1.76%
Gross Profit Margin 45.96% 44.99%
Selling, General & Admin $893.0M $875.0M
YoY Change 2.06% -7.01%
% of Gross Profit 53.09% 52.21%
Research & Development $115.0M $117.0M
YoY Change -1.71% -2.5%
% of Gross Profit 6.84% 6.98%
Depreciation & Amortization $82.00M $87.00M
YoY Change -5.75% 0.0%
% of Gross Profit 4.88% 5.19%
Operating Expenses $1.008B $992.0M
YoY Change 1.61% -6.5%
Operating Profit $617.0M $626.0M
YoY Change -1.44% 1.29%
Interest Expense $34.00M $31.00M
YoY Change 9.68% -34.04%
% of Operating Profit 5.51% 4.95%
Other Income/Expense, Net $12.00M $21.00M
YoY Change -42.86% -86.0%
Pretax Income -$426.0M $554.0M
YoY Change -176.9% 11.02%
Income Tax -$220.0M $133.0M
% Of Pretax Income 24.01%
Net Earnings -$184.0M $433.0M
YoY Change -142.49% 16.71%
Net Earnings / Revenue -5.03% 11.62%
Basic Earnings Per Share -$0.69 $1.60
Diluted Earnings Per Share -$0.69 $1.59
COMMON SHARES
Basic Shares Outstanding 266.3M shares 271.1M shares
Diluted Shares Outstanding 266.3M shares 273.1M shares

Balance Sheet

Concept 2016 Q3 2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $975.0M $1.414B
YoY Change -31.05% -53.46%
Cash & Equivalents $929.0M $1.015B
Short-Term Investments $46.00M $399.0M
Other Short-Term Assets $361.0M $589.0M
YoY Change -38.71% 4.06%
Inventory $1.676B $1.841B
Prepaid Expenses
Receivables $2.962B $3.062B
Other Receivables $0.00 $0.00
Total Short-Term Assets $6.417B $7.292B
YoY Change -12.0% -18.05%
LONG-TERM ASSETS
Property, Plant & Equipment $2.863B $2.919B
YoY Change -1.92% 7.32%
Goodwill $3.701B $3.643B
YoY Change 1.59% 25.71%
Intangibles $3.273B $3.524B
YoY Change -7.12% 99.32%
Long-Term Investments $21.00M $453.0M
YoY Change -95.36% 0.89%
Other Assets $592.0M $669.0M
YoY Change -11.51% 12.25%
Total Long-Term Assets $10.07B $10.28B
YoY Change -2.03% 25.56%
TOTAL ASSETS
Total Short-Term Assets $6.417B $7.292B
Total Long-Term Assets $10.07B $10.28B
Total Assets $16.49B $17.57B
YoY Change -6.17% 2.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.567B $3.611B
YoY Change -1.22% -2.06%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $649.0M $42.00M
YoY Change 1445.24%
Long-Term Debt Due $652.0M $302.0M
YoY Change 115.89% -23.35%
Total Short-Term Liabilities $4.460B $4.770B
YoY Change -6.5% -2.57%
LONG-TERM LIABILITIES
Long-Term Debt $3.752B $4.250B
YoY Change -11.72% 43.87%
Other Long-Term Liabilities $824.0M $826.0M
YoY Change -0.24% 1.85%
Total Long-Term Liabilities $4.576B $5.076B
YoY Change -9.85% 34.82%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.460B $4.770B
Total Long-Term Liabilities $4.576B $5.076B
Total Liabilities $11.37B $12.38B
YoY Change -8.15% 13.75%
SHAREHOLDERS EQUITY
Retained Earnings $15.74B $15.30B
YoY Change 2.89% 5.49%
Common Stock $1.652B $1.593B
YoY Change 3.7% 7.27%
Preferred Stock
YoY Change
Treasury Stock (at cost) $9.824B $9.192B
YoY Change 6.88% 9.13%
Treasury Stock Shares
Shareholders Equity $5.031B $5.111B
YoY Change
Total Liabilities & Shareholders Equity $16.49B $17.57B
YoY Change -6.17% 2.85%

Cashflow Statement

Concept 2016 Q3 2015 Q3
OPERATING ACTIVITIES
Net Income -$184.0M $433.0M
YoY Change -142.49% 16.71%
Depreciation, Depletion And Amortization $82.00M $87.00M
YoY Change -5.75% 0.0%
Cash From Operating Activities $777.0M $800.0M
YoY Change -2.88% 25.79%
INVESTING ACTIVITIES
Capital Expenditures -$90.00M -$104.0M
YoY Change -13.46% -17.46%
Acquisitions
YoY Change
Other Investing Activities -$302.0M -$139.0M
YoY Change 117.27% -142.9%
Cash From Investing Activities -$392.0M -$243.0M
YoY Change 61.32% -222.73%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.057B -226.0M
YoY Change 367.7% -16.3%
NET CHANGE
Cash From Operating Activities 777.0M 800.0M
Cash From Investing Activities -392.0M -243.0M
Cash From Financing Activities -1.057B -226.0M
Net Change In Cash -672.0M 331.0M
YoY Change -303.02% -41.31%
FREE CASH FLOW
Cash From Operating Activities $777.0M $800.0M
Capital Expenditures -$90.00M -$104.0M
Free Cash Flow $867.0M $904.0M
YoY Change -4.09% 18.64%

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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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CY2016Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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CY2016Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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CY2016Q3 us-gaap Finite Lived Intangible Assets Gross
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CY2016Q3 us-gaap Finite Lived Intangible Assets Net
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CY2015Q4 us-gaap Foreign Currency Contract Asset Fair Value Disclosure
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CY2016Q3 us-gaap Foreign Currency Contract Asset Fair Value Disclosure
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CY2016Q3 us-gaap Forward Contract Indexed To Issuers Equity Indexed Shares
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CY2015Q3 us-gaap Gain Loss On Sale Of Equity Investments
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us-gaap Gain Loss On Sale Of Equity Investments
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CY2016Q3 us-gaap Gain Loss On Sale Of Equity Investments
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us-gaap Gain Loss On Sale Of Equity Investments
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CY2015Q4 us-gaap Goodwill
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CY2016Q3 us-gaap Goodwill
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us-gaap Goodwill Translation And Purchase Accounting Adjustments
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us-gaap Income Loss From Continuing Operations
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CY2016Q3 us-gaap Income Loss From Continuing Operations
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us-gaap Income Loss From Continuing Operations
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CY2015Q3 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 Before Income Taxes Extraordinary Items Noncontrolling Interest
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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 Including Portion Attributable To Noncontrolling Interest
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CY2016Q3 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 Per Basic Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax
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us-gaap Income Loss From Discontinued Operations Net Of Tax
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us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax 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 Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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CY2015Q3 us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
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182000000 USD
us-gaap Income Taxes Paid Net
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us-gaap Income Taxes Paid Net
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276000000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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184000000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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135000000 USD
CY2015 us-gaap Increase Decrease In Fair Value Adjustments On Assets And Liabilities Carried At Fair Value Under Fair Value Option
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0 USD
us-gaap Increase Decrease In Fair Value Adjustments On Assets And Liabilities Carried At Fair Value Under Fair Value Option
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us-gaap Increase Decrease In Inventories
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us-gaap Increase Decrease In Inventories
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us-gaap Increase Decrease In Other Current Assets
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us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
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us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
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us-gaap Increase Decrease In Receivables
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413000000 USD
us-gaap Increase Decrease In Receivables
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250000000 USD
CY2015Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2016Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2015Q4 us-gaap Indefinite Lived Trademarks
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CY2016Q3 us-gaap Indefinite Lived Trademarks
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CY2015Q4 us-gaap Intangible Assets Net Excluding Goodwill
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us-gaap Interest Expense
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CY2016Q3 us-gaap Interest Expense
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us-gaap Interest Expense
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us-gaap Interest Income Expense Net
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us-gaap Interest Income Expense Net
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us-gaap Interest Paid Net
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CY2015Q4 us-gaap Inventory Finished Goods
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CY2016Q3 us-gaap Inventory Net
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CY2015Q4 us-gaap Inventory Raw Materials
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CY2016Q3 us-gaap Inventory Raw Materials
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CY2015Q4 us-gaap Inventory Work In Process
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CY2015Q3 us-gaap Investment Income Interest
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us-gaap Investment Income Interest
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us-gaap Investment Income Interest
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CY2016Q3 us-gaap Letters Of Credit Outstanding Amount
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CY2015Q4 us-gaap Liabilities
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CY2016Q3 us-gaap Liabilities
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CY2015Q4 us-gaap Liabilities And Stockholders Equity
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CY2016Q3 us-gaap Liabilities And Stockholders Equity
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CY2015Q4 us-gaap Liabilities Current
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CY2016Q3 us-gaap Liabilities Current
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CY2015Q4 us-gaap Long Term Debt
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us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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us-gaap Minority Interest Decrease From Redemptions
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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CY2016Q3 us-gaap Minority Interest
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us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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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 Number Of Reportable Segments
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us-gaap Operating Income Loss
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CY2016Q3 us-gaap Operating Income Loss
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us-gaap Operating Income Loss
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us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
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us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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us-gaap Other Comprehensive Income Loss Before Reclassifications Tax
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us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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us-gaap Other Noncash Income Expense
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us-gaap Other Noncash Income Expense
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CY2016Q3 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
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CY2015Q3 us-gaap Payments For Environmental Liabilities
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us-gaap Payments For Environmental Liabilities
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CY2016Q3 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 Proceeds From Other Investing Activities
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us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
501000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
400000000 USD
us-gaap Payments For Restructuring
PaymentsForRestructuring
31000000 USD
us-gaap Payments For Restructuring
PaymentsForRestructuring
40000000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
287000000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
309000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
248000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
321000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
262000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
258000000 USD
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
97000000 USD
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
0 USD
us-gaap Pension Contributions
PensionContributions
270000000 USD
us-gaap Pension Contributions
PensionContributions
78000000 USD
us-gaap Pension Expense
PensionExpense
74000000 USD
us-gaap Pension Expense
PensionExpense
60000000 USD
us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
47000000 USD
us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
0 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
1242000000 USD
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
1000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-24000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-9000000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-392000000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
297000000 USD
us-gaap Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less
ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess
-18000000 USD
us-gaap Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less
ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess
-22000000 USD
us-gaap Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
171000000 USD
us-gaap Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
92000000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
0 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
41000000 USD
us-gaap Proceeds From Sale Of Treasury Stock
ProceedsFromSaleOfTreasuryStock
51000000 USD
us-gaap Proceeds From Sale Of Treasury Stock
ProceedsFromSaleOfTreasuryStock
29000000 USD
CY2015Q3 us-gaap Profit Loss
ProfitLoss
439000000 USD
us-gaap Profit Loss
ProfitLoss
1109000000 USD
CY2016Q3 us-gaap Profit Loss
ProfitLoss
-179000000 USD
us-gaap Profit Loss
ProfitLoss
551000000 USD
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2822000000 USD
CY2016Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2863000000 USD
CY2015Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
2709000000 USD
CY2016Q3 us-gaap Receivables Net Current
ReceivablesNetCurrent
2962000000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
111000000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
664000000 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
339000000 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
254000000 USD
CY2015Q3 us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
117000000 USD
us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
354000000 USD
CY2016Q3 us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
117000000 USD
us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
350000000 USD
CY2015Q2 us-gaap Restructuring Charges
RestructuringCharges
140000000 USD
CY2015Q3 us-gaap Restructuring Charges
RestructuringCharges
0 USD
us-gaap Restructuring Charges
RestructuringCharges
140000000 USD
CY2015 us-gaap Restructuring Charges
RestructuringCharges
87000000 USD
CY2016Q3 us-gaap Restructuring Charges
RestructuringCharges
0 USD
us-gaap Restructuring Charges
RestructuringCharges
0 USD
CY2015Q3 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
0 USD
us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
140000000 USD
CY2016Q3 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
0 USD
us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
0 USD
CY2016Q3 us-gaap Restructuring Reserve
RestructuringReserve
0 USD
CY2015Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
87000000 USD
CY2016Q3 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
42000000 USD
CY2015 us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
0 USD
us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
0 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
15521000000 USD
CY2016Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
15744000000 USD
CY2015Q3 us-gaap Revenues
Revenues
3725000000 USD
us-gaap Revenues
Revenues
11214000000 USD
CY2016Q3 us-gaap Revenues
Revenues
3789000000 USD
us-gaap Revenues
Revenues
11254000000 USD
CY2015Q3 us-gaap Sales Revenue Net
SalesRevenueNet
3725000000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
11214000000 USD
CY2016Q3 us-gaap Sales Revenue Net
SalesRevenueNet
3789000000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
11254000000 USD
CY2015Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
875000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2715000000 USD
CY2016Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
899000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2746000000 USD
us-gaap Severance Costs1
SeveranceCosts1
121000000 USD
CY2015 us-gaap Severance Costs1
SeveranceCosts1
87000000 USD
CY2015Q3 us-gaap Share Based Compensation
ShareBasedCompensation
2000000 USD
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 Share Based Compensation
ShareBasedCompensation
42000000 USD
CY2016Q3 us-gaap Share Based Compensation
ShareBasedCompensation
12000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
38000000 USD
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
95.29
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.021
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.228
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.016
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
9700000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
569650 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
705334 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
17.94
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
CY2015Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
29000000 USD
CY2016Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
649000000 USD
CY2015Q4 us-gaap Short Term Investments
ShortTermInvestments
144000000 USD
CY2016Q3 us-gaap Short Term Investments
ShortTermInvestments
46000000 USD
us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
69000000 USD
us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
51000000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
4983000000 USD
CY2016Q3 us-gaap Stockholders Equity
StockholdersEquity
5031000000 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
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5069000000 USD
CY2016Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5121000000 USD
CY2015Q4 us-gaap Treasury Stock Value
TreasuryStockValue
9440000000 USD
CY2016Q3 us-gaap Treasury Stock Value
TreasuryStockValue
9824000000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
501000000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
400000000 USD
CY2015 us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
349000000 USD
us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
269000000 USD
CY2016Q3 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
100000000 USD
CY2015 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
19000000 USD
us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
0 USD
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
CY2016Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1800000 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
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
266300000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
268800000 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
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
266300000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
267000000 shares

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