2016 Form 10-K Financial Statement

#000008281116000124 Filed on March 02, 2016

View on sec.gov

Income Statement

Concept 2016 2015 Q1 2015
Revenue $3.225B $3.257B
YoY Change -1.0%
Cost Of Revenue $2.360B $2.460B
YoY Change -4.08%
Gross Profit $865.0M $797.3M
YoY Change 8.49%
Gross Profit Margin 26.83% 24.48%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development $29.50M $32.90M
YoY Change -10.33%
% of Gross Profit 3.41% 4.13%
Depreciation & Amortization $155.4M $138.7M
YoY Change 12.04%
% of Gross Profit 17.97% 17.4%
Operating Expenses $542.5M $516.3M
YoY Change 5.07%
Operating Profit $322.5M $121.5M
YoY Change 165.43%
Interest Expense $58.70M $39.10M
YoY Change 50.13%
% of Operating Profit 18.2% 32.18%
Other Income/Expense, Net -$1.900M
YoY Change
Pretax Income $143.4M -$11.20M
YoY Change -1380.36%
Income Tax $57.10M $54.20M
% Of Pretax Income 39.82%
Net Earnings $203.4M $31.00M
YoY Change 556.13%
Net Earnings / Revenue 6.31% 0.95%
Basic Earnings Per Share $4.55 $0.69
Diluted Earnings Per Share $4.52 $0.69
COMMON SHARES
Basic Shares Outstanding 44.70M shares 44.71M shares 45.00M shares
Diluted Shares Outstanding 45.00M shares 45.30M shares

Balance Sheet

Concept 2016 2015 Q1 2015
SHORT-TERM ASSETS
Cash & Short-Term Investments $288.4M
YoY Change
Cash & Equivalents $284.5M $334.1M
Short-Term Investments $3.900M
Other Short-Term Assets $120.6M
YoY Change
Inventory $660.8M $691.7M
Prepaid Expenses
Receivables $462.2M $447.5M
Other Receivables $0.00
Total Short-Term Assets $1.532B $1.585B
YoY Change -9.88%
LONG-TERM ASSETS
Property, Plant & Equipment $627.5M $531.5M
YoY Change -8.79%
Goodwill $1.004B
YoY Change -10.63%
Intangibles $444.5M
YoY Change
Long-Term Investments $0.00
YoY Change
Other Assets $34.10M $17.00M
YoY Change -14.57%
Total Long-Term Assets $2.827B $1.773B
YoY Change -9.93%
TOTAL ASSETS
Total Short-Term Assets $1.532B $1.585B
Total Long-Term Assets $2.827B $1.773B
Total Assets $4.359B $3.357B
YoY Change -9.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $334.2M $312.2M
YoY Change -13.57%
Accrued Expenses $207.1M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $100.6M $7.800M
YoY Change -95.09%
Total Short-Term Liabilities $701.6M $560.7M
YoY Change -25.68%
LONG-TERM LIABILITIES
Long-Term Debt $1.311B $624.7M
YoY Change 2.59%
Other Long-Term Liabilities $170.1M $38.10M
YoY Change 18.69%
Total Long-Term Liabilities $1.481B $662.8M
YoY Change 3.4%
TOTAL LIABILITIES
Total Short-Term Liabilities $701.6M $560.7M
Total Long-Term Liabilities $1.481B $662.8M
Total Liabilities $2.320B $1.224B
YoY Change -12.32%
SHAREHOLDERS EQUITY
Retained Earnings $1.189B
YoY Change -3.67%
Common Stock $896.5M
YoY Change -2.59%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.039B $1.934B
YoY Change
Total Liabilities & Shareholders Equity $4.359B $3.357B
YoY Change -9.91%

Cashflow Statement

Concept 2016 2015 Q1 2015
OPERATING ACTIVITIES
Net Income $203.4M $31.00M
YoY Change 556.13%
Depreciation, Depletion And Amortization $155.4M $138.7M
YoY Change 12.04%
Cash From Operating Activities $442.3M $298.2M
YoY Change 48.32%
INVESTING ACTIVITIES
Capital Expenditures $65.20M $83.60M
YoY Change -22.01%
Acquisitions $0.00 $128.2M
YoY Change -100.0%
Other Investing Activities $0.00 $0.00
YoY Change
Cash From Investing Activities -$19.60M -$204.9M
YoY Change -90.43%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00 $35.00M
YoY Change -100.0%
Debt Paid & Issued, Net $323.8M $150.4M
YoY Change 115.29%
Cash From Financing Activities -$379.5M -$218.0M
YoY Change 74.08%
NET CHANGE
Cash From Operating Activities $442.3M $298.2M
Cash From Investing Activities -$19.60M -$204.9M
Cash From Financing Activities -$379.5M -$218.0M
Net Change In Cash $43.20M -$124.7M
YoY Change -134.64%
FREE CASH FLOW
Cash From Operating Activities $442.3M $298.2M
Capital Expenditures $65.20M $83.60M
Free Cash Flow $377.1M $214.6M
YoY Change 75.72%

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DeferredTaxAssetsOperatingLossCarryforwards
14400000 USD
CY2015Q1 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
2800000 USD
CY2016Q1 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
4700000 USD
CY2015Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
60500000 USD
CY2016Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
72900000 USD
CY2015Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
9500000 USD
CY2016Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
7400000 USD
CY2015Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
8800000 USD
CY2016Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
4900000 USD
CY2015Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
4700000 USD
CY2016Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
4900000 USD
CY2015Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
10100000 USD
CY2016Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
8200000 USD
CY2015Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
49000000 USD
CY2016Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
82300000 USD
CY2015Q1 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
134100000 USD
CY2016Q1 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
190000000 USD
CY2015Q1 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
66900000 USD
CY2016Q1 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
100900000 USD
CY2015Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
37100000 USD
CY2016Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
46100000 USD
CY2016Q1 us-gaap Deferred Tax Liability Not Recognized Amount Of Unrecognized Deferred Tax Liability Undistributed Earnings Of Foreign Subsidiaries
DeferredTaxLiabilityNotRecognizedAmountOfUnrecognizedDeferredTaxLiabilityUndistributedEarningsOfForeignSubsidiaries
133900000 USD
CY2015Q1 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
182300000 USD
CY2016Q1 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
226900000 USD
CY2015Q1 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.042
CY2016Q1 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.046
CY2015Q1 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease
0
CY2016Q1 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease
0
CY2013 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.042
CY2015 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.050
CY2016 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.042
CY2013 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.080
CY2015 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.080
CY2016 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.075
CY2015 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
3100000 USD
CY2016 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
4700000 USD
CY2015Q1 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
126600000 USD
CY2016Q1 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
162100000 USD
CY2016 us-gaap Defined Benefit Plan Future Amortization Of Prior Service Cost Credit
DefinedBenefitPlanFutureAmortizationOfPriorServiceCostCredit
3000000 USD
CY2016 us-gaap Defined Benefit Plan Target Plan Asset Allocations
DefinedBenefitPlanTargetPlanAssetAllocations
1.00
CY2015Q1 us-gaap Defined Benefit Plan Weighted Average Asset Allocations
DefinedBenefitPlanWeightedAverageAssetAllocations
1.00
CY2016Q1 us-gaap Defined Benefit Plan Weighted Average Asset Allocations
DefinedBenefitPlanWeightedAverageAssetAllocations
1.00
CY2016 us-gaap Defined Benefit Plans Estimated Future Employer Contributions In Next Fiscal Year
DefinedBenefitPlansEstimatedFutureEmployerContributionsInNextFiscalYear
3400000 USD
CY2013 us-gaap Depreciation
Depreciation
84400000 USD
CY2015 us-gaap Depreciation
Depreciation
92000000 USD
CY2015 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.042
CY2016 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.000
CY2013 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.026
CY2015 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.61
CY2015 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.69
CY2016 us-gaap Depreciation
Depreciation
95500000 USD
CY2013 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
128500000 USD
CY2015 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
138700000 USD
CY2016 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
159400000 USD
CY2015 us-gaap Derivative Instruments Gain Loss Reclassification From Accumulated Oci To Income Estimated Net Amount To Be Transferred
DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimatedNetAmountToBeTransferred
-2200000 USD
CY2016 us-gaap Derivative Instruments Gain Loss Reclassification From Accumulated Oci To Income Estimated Net Amount To Be Transferred
DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimatedNetAmountToBeTransferred
-7400000 USD
CY2013 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
9000000 USD
CY2015 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
6100000 USD
CY2016 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
26800000 USD
CY2013 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
35600000 USD
CY2015 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
38600000 USD
CY2016 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
40700000 USD
CY2015Q1 us-gaap Dividends Payable Current
DividendsPayableCurrent
9800000 USD
CY2016Q1 us-gaap Dividends Payable Current
DividendsPayableCurrent
10300000 USD
CY2013 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.66
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.97
CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.24
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.06
CY2015Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.81
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.40
CY2015Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.42
CY2016Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.43
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.21
CY2013 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.64
CY2014Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.96
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.24
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.05
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.61
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.69
CY2015Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.81
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.39
CY2015Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.41
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.43
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.18
CY2013 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
2000000 USD
CY2015 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-7200000 USD
CY2016 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-11300000 USD
CY2013 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.261
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.600
CY2016 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.246
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2013 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.017
CY2016 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.000
CY2013 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
0.014
CY2016 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.030
CY2013 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.019
CY2015 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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-0.004
CY2016 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.002
CY2013 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
-0.002
CY2015 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.024
CY2015 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
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0.027
CY2016 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
0.010
CY2013 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.092
CY2015 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.048
CY2016 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.072
CY2013 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
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0.132
CY2015 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
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0.429
CY2016 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
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0.040
CY2013 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.034
CY2015 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.015
CY2016 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.021
CY2013 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.045
CY2015 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.074
CY2016 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.041
CY2015Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
75700000 USD
CY2016Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
80600000 USD
CY2016Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
24500000 USD
CY2016 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y1M18D
CY2013 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
800000 USD
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
1300000 USD
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
1300000 USD
CY2013 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
800000 USD
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
1300000 USD
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
1300000 USD
CY2015 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
0 USD
CY2016 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
0 USD
CY2013Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
9700000 USD
CY2015Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
0 USD
CY2016Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
0 USD
CY2013 us-gaap Fees And Commissions Other
FeesAndCommissionsOther
0 USD
CY2015 us-gaap Fees And Commissions Other
FeesAndCommissionsOther
5300000 USD
CY2016 us-gaap Fees And Commissions Other
FeesAndCommissionsOther
0 USD
CY2015Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
242200000 USD
CY2016Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
300800000 USD
CY2016Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
61100000 USD
CY2016Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
49800000 USD
CY2016Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
52400000 USD
CY2016Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
52900000 USD
CY2016Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
54700000 USD
CY2015Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
202300000 USD
CY2016 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-1500000 USD
CY2013 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-2000000 USD
CY2015 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
12100000 USD
CY2016 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-2400000 USD
CY2016Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
777800000 USD
CY2016 us-gaap Finite Lived Intangible Assets Translation Adjustments
FiniteLivedIntangibleAssetsTranslationAdjustments
14100000 USD
CY2016 us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
648200000 USD
CY2013 us-gaap Fiscal Period Duration
FiscalPeriodDuration
P1Y
CY2015 us-gaap Fiscal Period Duration
FiscalPeriodDuration
P1Y7D
CY2016 us-gaap Fiscal Period Duration
FiscalPeriodDuration
P1Y
CY2013 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-3600000 USD
CY2015 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-10400000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-11200000 USD
CY2013 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
0 USD
CY2015 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
-1900000 USD
CY2016 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
0 USD
CY2013Q4 us-gaap Goodwill
Goodwill
1081900000 USD
CY2015Q1 us-gaap Goodwill
Goodwill
1004000000 USD
CY2016Q1 us-gaap Goodwill
Goodwill
1465600000 USD
CY2016Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
275700000 USD
CY2013 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
76300000 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
1000000 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
118500000 USD
CY2015 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
119500000 USD
CY2016Q1 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
79900000 USD
CY2016 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
79900000 USD
CY2016Q1 us-gaap Goodwill Impairment Loss Net Of Tax
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58100000 USD
CY2015 us-gaap Goodwill Translation Adjustments
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-12900000 USD
CY2016 us-gaap Goodwill Translation Adjustments
GoodwillTranslationAdjustments
-17900000 USD
CY2013 us-gaap Gross Profit
GrossProfit
783200000 USD
CY2014Q1 us-gaap Gross Profit
GrossProfit
194400000 USD
CY2014Q2 us-gaap Gross Profit
GrossProfit
211000000 USD
CY2014Q3 us-gaap Gross Profit
GrossProfit
203800000 USD
us-gaap Gross Profit
GrossProfit
188100000 USD
CY2015 us-gaap Gross Profit
GrossProfit
797300000 USD
CY2015Q2 us-gaap Gross Profit
GrossProfit
220900000 USD
CY2015Q3 us-gaap Gross Profit
GrossProfit
251400000 USD
CY2015Q4 us-gaap Gross Profit
GrossProfit
241100000 USD
CY2016Q1 us-gaap Gross Profit
GrossProfit
219800000 USD
CY2016 us-gaap Gross Profit
GrossProfit
933200000 USD
CY2015Q1 us-gaap Hedging Liabilities Current
HedgingLiabilitiesCurrent
29700000 USD
CY2016Q1 us-gaap Hedging Liabilities Current
HedgingLiabilitiesCurrent
44700000 USD
CY2015Q1 us-gaap Hedging Liabilities Noncurrent
HedgingLiabilitiesNoncurrent
22500000 USD
CY2016Q1 us-gaap Hedging Liabilities Noncurrent
HedgingLiabilitiesNoncurrent
27600000 USD
CY2015 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
18900000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
75400000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
25800000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
95100000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
101500000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
171100000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
170500000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
90300000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
196900000 USD
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
44500000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
54200000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
48400000 USD
CY2016 us-gaap Investment Income Interest
InvestmentIncomeInterest
4300000 USD
CY2013 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
39500000 USD
CY2015 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
38300000 USD
CY2016 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
45100000 USD
CY2015Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3357200000 USD
CY2013 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
49600000 USD
CY2015 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
58200000 USD
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
70100000 USD
CY2013 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
44500000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
6900000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable
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-22300000 USD
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52700000 USD
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55400000 USD
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19600000 USD
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3400000 USD
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CY2016 us-gaap Interest Expense
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2300000 shares
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300000 USD
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1700000 USD
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1400000 USD
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CY2013 us-gaap Net Cash Provided By Used In Operating Activities
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305000000 USD
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298200000 USD
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us-gaap Net Income Loss
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us-gaap Operating Income Loss
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18600000 USD
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4100000 USD
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2600000 USD
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1400000 USD
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2900000 USD
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0 USD
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4600000 USD
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CY2016 us-gaap Repayments Of Short Term Debt
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126700000 USD
CY2013 us-gaap Research And Development Expense
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32900000 USD
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CY2016Q1 us-gaap Restructuring And Related Cost Expected Cost1
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CY2016Q1 us-gaap Restructuring Reserve
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CY2015Q1 us-gaap Retained Earnings Accumulated Deficit
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CY2016Q1 us-gaap Retained Earnings Accumulated Deficit
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CY2013 us-gaap Sales Revenue Goods Net
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SalesRevenueGoodsNet
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us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
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CY2015 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
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SalesRevenueGoodsNet
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CY2015Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
942200000 USD
CY2015Q4 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
882300000 USD
CY2016Q1 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
773500000 USD
CY2016 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
3509700000 USD
CY2016Q1 us-gaap Senior Notes
SeniorNotes
600000000 USD
CY2013 us-gaap Share Based Compensation
ShareBasedCompensation
11400000 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
11900000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
13900000 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P5Y
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P10Y
CY2016Q1 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
300000 USD
CY2013Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
19300000 USD
CY2015Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
19300000 USD
CY2016Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
19100000 USD
CY2015 us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
700000 USD
CY2016 us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
800000 USD
CY2015 us-gaap Standard Product Warranty Accrual Currency Translation Increase Decrease
StandardProductWarrantyAccrualCurrencyTranslationIncreaseDecrease
-100000 USD
CY2016 us-gaap Standard Product Warranty Accrual Currency Translation Increase Decrease
StandardProductWarrantyAccrualCurrencyTranslationIncreaseDecrease
0 USD
CY2015 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
20200000 USD
CY2016 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
21500000 USD
CY2015 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
19600000 USD
CY2016 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
20500000 USD
CY2013 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1500000 USD
CY2015 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
100000 USD
CY2016 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2400000 USD
CY2016Q1 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
3000000 shares
CY2015 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
35000000 USD
CY2016 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
12000000 USD
CY2015Q1 us-gaap Stockholders Equity
StockholdersEquity
1934400000 USD
CY2016Q1 us-gaap Stockholders Equity
StockholdersEquity
1937300000 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1996500000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2102400000 USD
CY2015Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1979300000 USD
CY2016Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1982800000 USD
CY2014Q3 us-gaap Treasury Stock Acquired Average Cost Per Share
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69.94
CY2014Q3 us-gaap Treasury Stock Shares Acquired
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500000 shares
CY2015Q4 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
180000 shares
CY2015Q1 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
1300000 USD
CY2016Q1 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
14700000 USD
CY2016Q1 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
626900000 USD
CY2016 us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
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-47500000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits
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5700000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits
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4400000 USD
CY2015Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
5800000 USD
CY2016Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
8300000 USD
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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2100000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
2100000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
1300000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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300000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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3600000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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4000000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
1100000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
100000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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0 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
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1300000 USD
CY2015Q1 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
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1100000 USD
CY2016Q1 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
1700000 USD
CY2013 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
200000 USD
CY2015 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
-200000 USD
CY2016 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
600000 USD
CY2013 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
600000 USD
CY2015 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
200000 USD
CY2016 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
200000 USD
CY2016Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
8300000 USD
CY2015 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
10100000 USD
CY2016 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
8200000 USD
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45400000 shares
CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45400000 shares
CY2014Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45500000 shares
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45200000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44700000 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45300000 shares
CY2015Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45100000 shares
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45200000 shares
CY2015Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45100000 shares
CY2016Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44700000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45100000 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45000000 shares
CY2014Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45100000 shares
CY2014Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45200000 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44900000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44700000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45000000 shares
CY2015Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44700000 shares
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44800000 shares
CY2015Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44800000 shares
CY2016Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44700000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44700000 shares
CY2016 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;text-decoration:underline;">Concentration of Credit Risk</font><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Financial instruments that potentially subject the Company to significant concentrations of credit risk consist principally of cash equivalents. The Company has material deposits with a global financial institution. It performs periodic evaluations of the relative credit standing of its financial institutions and monitors the amount of exposure. </font></div><div style="line-height:120%;padding-bottom:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Concentration of credit risk with respect to trade accounts receivable is limited due to the large number of customers and their dispersion across many geographic areas. The Company monitors credit risk associated with its trade receivables.</font></div></div>
CY2016 us-gaap Nature Of Operations
NatureOfOperations
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Nature of Operations</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Regal Beloit Corporation (the &#8220;Company&#8221;) is a United States based multi-national corporation. The Company reports in </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> segments; the Commercial and Industrial Systems segment, with its principal line of business in medium and large electric motors, power generation products, high-performance drives and controls and capacitors; the Climate Solutions segment, with its principal line of business in small motors, controls and air moving products; and the Power Transmission Solutions segment, with its principal line of business in power transmission gearing, hydraulic pump drives, large open gearing and specialty mechanical products which control motion and torque.</font></div></div>
CY2016 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;text-decoration:underline;">Use of Estimates</font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (&#8220;U.S. GAAP&#8221;), which require the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the consolidated financial statements and revenues and expenses during the periods reported. Actual results could differ from those estimates. The Company uses estimates in accounting for, among other items, allowance for doubtful accounts; excess and obsolete inventory; share-based compensation; acquisitions; product warranty obligations; pension and post retirement assets and liabilities; derivative fair values; goodwill and other asset impairments; health care reserves; retirement benefits; rebates and incentives; litigation claims and contingencies, including environmental matters; and income taxes. The Company accounts for changes to estimates and assumptions when warranted by factually based experience.</font></div></div>

Files In Submission

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