2016 Q1 Form 10-K Financial Statement

#000105082517000105 Filed on April 14, 2017

View on sec.gov

Income Statement

Concept 2016 Q1 2015 Q4 2015 Q3
Revenue $747.9M $787.6M $819.0M
YoY Change -0.27% -1.55% 4.11%
Cost Of Revenue $511.0M $531.6M $547.9M
YoY Change -1.08% -3.17% 2.2%
Gross Profit $234.3M $253.5M $266.8M
YoY Change 2.94% 17.96% 9.17%
Gross Profit Margin 31.33% 32.19% 32.58%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $16.30M $16.80M $16.40M
YoY Change 3.82% 12.75% 12.33%
% of Gross Profit 6.96% 6.63% 6.15%
Operating Expenses $207.4M $197.8M $199.7M
YoY Change 9.27% 1.49% 4.34%
Operating Profit $25.80M $55.20M $60.10M
YoY Change -30.27% 195.19% 13.83%
Interest Expense -$4.000M $4.500M $4.300M
YoY Change -4.76% 0.0% -2.27%
% of Operating Profit -15.5% 8.15% 7.15%
Other Income/Expense, Net $8.300M $3.600M $2.200M
YoY Change -1483.33% 56.52% -31.25%
Pretax Income $30.10M $54.70M $58.50M
YoY Change -6.52% 225.6% 12.28%
Income Tax -$47.40M $19.10M $21.30M
% Of Pretax Income -157.48% 34.92% 36.41%
Net Earnings $77.50M $35.60M $37.20M
YoY Change 239.91% 201.69% 21.97%
Net Earnings / Revenue 10.36% 4.52% 4.54%
Basic Earnings Per Share $0.63 $0.29 $0.30
Diluted Earnings Per Share $0.62 $0.28 $0.30
COMMON SHARES
Basic Shares Outstanding 122.2M shares 122.1M shares
Diluted Shares Outstanding 123.4M shares 123.2M shares

Balance Sheet

Concept 2016 Q1 2015 Q4 2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $266.0M $265.7M $207.3M
YoY Change 8.66% 22.9% -9.79%
Cash & Equivalents $181.9M $150.3M $161.4M
Short-Term Investments $84.10M $115.4M $45.90M
Other Short-Term Assets $56.20M $51.10M $44.50M
YoY Change 1.26% 30.36% 30.88%
Inventory $159.4M $181.1M $176.8M
Prepaid Expenses $19.60M $19.20M $22.80M
Receivables $322.7M $346.6M $368.9M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $823.9M $913.7M $860.3M
YoY Change 1.89% 5.33% 0.88%
LONG-TERM ASSETS
Property, Plant & Equipment $411.6M $403.1M $403.6M
YoY Change 5.67% 3.7% 3.83%
Goodwill $106.4M $106.6M $106.7M
YoY Change -0.75% -1.3% -1.48%
Intangibles $13.70M $14.20M $14.70M
YoY Change -6.8% -6.58% -6.37%
Long-Term Investments $44.50M $60.80M $59.20M
YoY Change -15.4% 7.99% 7.64%
Other Assets $30.00M $35.00M $34.60M
YoY Change -13.04% -8.38% -14.78%
Total Long-Term Assets $984.7M $877.7M $874.1M
YoY Change 8.09% 1.08% 2.84%
TOTAL ASSETS
Total Short-Term Assets $823.9M $913.7M $860.3M
Total Long-Term Assets $984.7M $877.7M $874.1M
Total Assets $1.809B $1.791B $1.734B
YoY Change 5.18% 3.2% 1.86%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $209.6M $230.5M $227.5M
YoY Change -2.51% -4.75% -6.46%
Accrued Expenses $206.4M $174.4M $151.4M
YoY Change 13.84% 12.66% 14.52%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $2.500M $3.000M $2.500M
YoY Change 0.0% 20.0% -3.85%
Total Short-Term Liabilities $557.5M $566.3M $548.6M
YoY Change 2.54% -0.81% 3.53%
LONG-TERM LIABILITIES
Long-Term Debt $296.6M $297.1M $278.8M
YoY Change 6.08% 5.17% -1.55%
Other Long-Term Liabilities $75.10M $64.40M $62.80M
YoY Change 1.08% -2.28% -3.38%
Total Long-Term Liabilities $514.2M $518.6M $496.8M
YoY Change 0.41% 4.2% 0.04%
TOTAL LIABILITIES
Total Short-Term Liabilities $557.5M $566.3M $548.6M
Total Long-Term Liabilities $514.2M $518.6M $496.8M
Total Liabilities $1.072B $1.085B $1.045B
YoY Change 1.51% 1.53% 1.84%
SHAREHOLDERS EQUITY
Retained Earnings $776.5M $737.9M $716.3M
YoY Change 12.83% 8.79% 5.38%
Common Stock $0.00 $0.00 $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $736.9M $706.5M $689.0M
YoY Change
Total Liabilities & Shareholders Equity $1.809B $1.791B $1.734B
YoY Change 5.18% 3.2% 1.86%

Cashflow Statement

Concept 2016 Q1 2015 Q4 2015 Q3
OPERATING ACTIVITIES
Net Income $77.50M $35.60M $37.20M
YoY Change 239.91% 201.69% 21.97%
Depreciation, Depletion And Amortization $16.30M $16.80M $16.40M
YoY Change 3.82% 12.75% 12.33%
Cash From Operating Activities $55.90M $76.80M $89.50M
YoY Change -27.12% 224.05% 58.69%
INVESTING ACTIVITIES
Capital Expenditures -$23.40M -$22.60M -$23.20M
YoY Change -17.89% -8.5% -18.6%
Acquisitions
YoY Change
Other Investing Activities $54.90M -$69.20M -$500.0K
YoY Change 228.74% 585.15% -104.17%
Cash From Investing Activities $31.50M -$91.80M -$23.70M
YoY Change -366.95% 163.79% 43.64%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -55.50M 4.600M -13.60M
YoY Change 302.17% -132.62% -67.46%
NET CHANGE
Cash From Operating Activities 55.90M 76.80M 89.50M
Cash From Investing Activities 31.50M -91.80M -23.70M
Cash From Financing Activities -55.50M 4.600M -13.60M
Net Change In Cash 31.90M -10.40M 52.20M
YoY Change -37.57% -58.73% -2847.37%
FREE CASH FLOW
Cash From Operating Activities $55.90M $76.80M $89.50M
Capital Expenditures -$23.40M -$22.60M -$23.20M
Free Cash Flow $79.30M $99.40M $112.7M
YoY Change -24.62% 105.37% 32.74%

Facts In Submission

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CY2017Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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CY2017Q1 us-gaap Additional Paid In Capital
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CY2015Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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CY2016Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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CY2015 us-gaap Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
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1600000 USD
CY2016 us-gaap Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
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7000000 USD
CY2017 us-gaap Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
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3300000 USD
CY2015 us-gaap Adjustments Noncash Items To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
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-5100000 USD
CY2016 us-gaap Adjustments Noncash Items To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
300000 USD
CY2017 us-gaap Adjustments Noncash Items To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
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-8800000 USD
CY2015 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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17600000 USD
CY2016 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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20300000 USD
CY2017 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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19100000 USD
CY2016Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
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11700000 USD
CY2017Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
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11200000 USD
CY2015 us-gaap Amortization Of Intangible Assets
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1600000 USD
CY2016 us-gaap Amortization Of Intangible Assets
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1800000 USD
CY2017 us-gaap Amortization Of Intangible Assets
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1000000 USD
CY2015 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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0 shares
CY2016 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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0 shares
CY2017 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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300000 shares
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CY2016Q1 us-gaap Assets
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CY2017Q1 us-gaap Assets
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CY2017Q1 us-gaap Assets Current
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CY2014Q1 us-gaap Cash And Cash Equivalents At Carrying Value
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201800000 USD
CY2015Q1 us-gaap Cash And Cash Equivalents At Carrying Value
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176500000 USD
CY2016Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
181900000 USD
CY2017Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
197100000 USD
CY2015 us-gaap Cash And Cash Equivalents Period Increase Decrease
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CY2016 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
5400000 USD
CY2017 us-gaap Cash And Cash Equivalents Period Increase Decrease
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15200000 USD
CY2016Q1 us-gaap Cash Surrender Value Of Life Insurance
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160400000 USD
CY2017Q1 us-gaap Cash Surrender Value Of Life Insurance
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168800000 USD
CY2015 us-gaap Common Stock Dividends Per Share Cash Paid
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0.42
CY2016 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.45
CY2017 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.48
CY2015Q1 us-gaap Common Stock Shares Outstanding
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121500000 shares
CY2016Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
119400000 shares
CY2017Q1 us-gaap Common Stock Shares Outstanding
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117300000 shares
CY2015 us-gaap Comprehensive Income Net Of Tax
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55900000 USD
CY2016 us-gaap Comprehensive Income Net Of Tax
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160100000 USD
CY2017 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
113600000 USD
CY2016 us-gaap Concentration Risk Customer
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No single customer represented more than 5% of consolidated revenue.
CY2016 us-gaap Concentration Risk Product
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No other individual product category represented greater than 10% of consolidated revenue
CY2016 us-gaap Conversion Of Stock Shares Converted1
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600000 shares
CY2017 us-gaap Conversion Of Stock Shares Converted1
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300000 shares
CY2016Q1 us-gaap Cost Method Investments
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6500000 USD
CY2017Q1 us-gaap Cost Method Investments
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6700000 USD
CY2015 us-gaap Cost Of Goods And Services Sold
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2106200000 USD
CY2016 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
2075500000 USD
CY2017Q1 us-gaap Debt Current
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2800000 USD
CY2015 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
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5700000 USD
CY2016Q1 us-gaap Debt Current
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2500000 USD
CY2017 us-gaap Cost Of Goods And Services Sold
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2017800000 USD
CY2015 us-gaap Current Federal Tax Expense Benefit
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40000000 USD
CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
47700000 USD
CY2017 us-gaap Current Federal Tax Expense Benefit
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18400000 USD
CY2015 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1700000 USD
CY2016 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
12600000 USD
CY2017 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
17000000 USD
CY2015 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
50500000 USD
CY2016 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
72800000 USD
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
44900000 USD
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
8800000 USD
CY2016 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
12500000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
9500000 USD
CY2016Q1 us-gaap Customer Deposits Current
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18600000 USD
CY2017Q1 us-gaap Customer Deposits Current
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15900000 USD
CY2016Q1 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
299100000 USD
CY2017Q1 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
297400000 USD
CY2016 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
5900000 USD
CY2017 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
8500000 USD
CY2016Q1 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
43100000 USD
CY2017Q1 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
49200000 USD
CY2015 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
4900000 USD
CY2016 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-12700000 USD
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
21400000 USD
CY2015 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-5800000 USD
CY2016 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-52300000 USD
CY2017 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
4200000 USD
CY2016Q1 us-gaap Deferred Gain On Sale Of Property
DeferredGainOnSaleOfProperty
3800000 USD
CY2017Q1 us-gaap Deferred Gain On Sale Of Property
DeferredGainOnSaleOfProperty
1500000 USD
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
400000 USD
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-68300000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
26800000 USD
CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1300000 USD
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-3300000 USD
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1200000 USD
CY2016Q1 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
260300000 USD
CY2017Q1 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
234200000 USD
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210600000 USD
CY2017Q1 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
178700000 USD
CY2016Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
249700000 USD
CY2017Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
226300000 USD
CY2016Q1 us-gaap Deferred Tax Assets Net Noncurrent
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211600000 USD
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DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
3600000 USD
CY2016Q1 us-gaap Deferred Tax Liabilities Noncurrent
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1000000 USD
CY2017Q1 us-gaap Deferred Tax Assets Net Noncurrent
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179600000 USD
CY2016Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
69700000 USD
CY2017Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
57000000 USD
CY2016Q1 us-gaap Deferred Tax Assets Other
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18900000 USD
CY2017Q1 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
21200000 USD
CY2016Q1 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
28200000 USD
CY2017Q1 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
17400000 USD
CY2016Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
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114400000 USD
CY2017Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
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108800000 USD
CY2016Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
29100000 USD
CY2017Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
29800000 USD
CY2016Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
10600000 USD
CY2017Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
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CY2016Q1 us-gaap Deferred Tax Liabilities
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39100000 USD
CY2017Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
47600000 USD
CY2016Q1 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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2700000 USD
CY2017Q1 us-gaap Deferred Tax Liabilities Noncurrent
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900000 USD
CY2016Q1 us-gaap Deferred Tax Liabilities Prepaid Expenses
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0 USD
CY2017Q1 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
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CY2016Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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36400000 USD
CY2017Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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40900000 USD
CY2015Q1 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Minimum Pension Liability After Tax
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8500000 USD
CY2016Q1 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Minimum Pension Liability After Tax
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10700000 USD
CY2017Q1 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Minimum Pension Liability After Tax
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13000000 USD
CY2015Q1 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Minimum Pension Liability Before Tax
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7700000 USD
CY2016Q1 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Minimum Pension Liability Before Tax
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10300000 USD
CY2017Q1 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Minimum Pension Liability Before Tax
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15000000 USD
CY2016 us-gaap Defined Benefit Plan Amounts Recognized In Other Comprehensive Income Loss Net Gain Loss Before Tax
DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeLossNetGainLossBeforeTax
10400000 USD
CY2017 us-gaap Defined Benefit Plan Amounts Recognized In Other Comprehensive Income Loss Net Gain Loss Before Tax
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12200000 USD
CY2016 us-gaap Defined Benefit Plan Amounts Recognized In Other Comprehensive Income Net Prior Service Cost Credit Before Tax
DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax
-9200000 USD
CY2017 us-gaap Defined Benefit Plan Amounts Recognized In Other Comprehensive Income Net Prior Service Cost Credit Before Tax
DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax
-8700000 USD
CY2016Q1 us-gaap Defined Benefit Plan Assets For Plan Benefits Current And Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsCurrentAndNoncurrent
1100000 USD
CY2017Q1 us-gaap Defined Benefit Plan Assets For Plan Benefits Current And Noncurrent
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200000 USD
CY2016Q1 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
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1100000 USD
CY2017Q1 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
0 USD
CY2016Q1 us-gaap Defined Benefit Plan Current Assets
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0 USD
CY2017Q1 us-gaap Defined Benefit Plan Current Assets
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200000 USD
CY2017 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Accumulated Postretirement Benefit Obligation1
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-200000 USD
CY2017 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Service And Interest Cost Components1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnServiceAndInterestCostComponents1
0 USD
CY2017 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Accumulated Postretirement Benefit Obligation
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnAccumulatedPostretirementBenefitObligation
200000 USD
CY2017 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Service And Interest Cost Components
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnServiceAndInterestCostComponents
0 USD
CY2016Q1 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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47300000 USD
CY2017 us-gaap Depreciation Depletion And Amortization
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60300000 USD
CY2016Q1 us-gaap Derivative Fair Value Of Derivative Net
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-1500000 USD
CY2017Q1 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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46700000 USD
CY2016 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements And Curtailments1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlementsAndCurtailments1
0 USD
CY2017 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements And Curtailments1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlementsAndCurtailments1
900000 USD
CY2016 us-gaap Defined Benefit Plan Target Plan Asset Allocations
DefinedBenefitPlanTargetPlanAssetAllocations
1.00
CY2017 us-gaap Defined Benefit Plan Target Plan Asset Allocations
DefinedBenefitPlanTargetPlanAssetAllocations
1.00
CY2016 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate
DefinedBenefitPlanUltimateHealthCareCostTrendRate
0.0450
CY2017 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate
DefinedBenefitPlanUltimateHealthCareCostTrendRate
0.0450
CY2016Q1 us-gaap Defined Benefit Plan Weighted Average Asset Allocations
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1.00
CY2017Q1 us-gaap Defined Benefit Plan Weighted Average Asset Allocations
DefinedBenefitPlanWeightedAverageAssetAllocations
1.00
CY2015 us-gaap Defined Contribution Plan Cost Recognized
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26300000 USD
CY2016 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
28800000 USD
CY2017 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
32700000 USD
CY2015 us-gaap Depreciation
Depreciation
57100000 USD
CY2016 us-gaap Depreciation
Depreciation
63300000 USD
CY2017 us-gaap Depreciation
Depreciation
59300000 USD
CY2015 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
59900000 USD
CY2016 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
65700000 USD
CY2017Q1 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
2600000 USD
CY2015 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-21600000 USD
CY2016 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-1400000 USD
CY2017 us-gaap Derivative Gain Loss On Derivative Net
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-900000 USD
CY2015 us-gaap Dividends Common Stock Cash
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52500000 USD
CY2016 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
57000000 USD
CY2017 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
58500000 USD
CY2015Q1 us-gaap Due To Affiliate Current And Noncurrent
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11000000 USD
CY2016Q1 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
10600000 USD
CY2017Q1 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
10600000 USD
CY2015 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.69
CY2015Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.16
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.30
CY2015Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.29
CY2016Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.63
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.37
CY2016Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.16
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.32
CY2016Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.34
CY2017Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.22
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.03
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.68
CY2015Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.16
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.30
CY2015Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.62
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.36
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.16
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.31
CY2016Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.34
CY2017Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.21
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.03
CY2015 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-5400000 USD
CY2016 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-3100000 USD
CY2017 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-1200000 USD
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2016Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
169900000 USD
CY2017Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
154300000 USD
CY2016 us-gaap Entity Wide Disclosure On Geographic Areas Description Of Revenue From External Customers
EntityWideDisclosureOnGeographicAreasDescriptionOfRevenueFromExternalCustomers
No country other than the U.S. represented greater than 10% of our consolidated revenue
CY2016 us-gaap Entity Wide Disclosure On Geographic Areas Long Lived Assets
EntityWideDisclosureOnGeographicAreasLongLivedAssets
No country other than the U.S. represented greater than 10% of our consolidated long-lived assets
CY2015 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
10700000 USD
CY2016 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
12500000 USD
CY2017 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
9900000 USD
CY2016Q1 us-gaap Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
215800000 USD
CY2017Q1 us-gaap Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
215200000 USD
CY2016Q1 us-gaap Equity Method Investment Summarized Financial Information Current Assets
EquityMethodInvestmentSummarizedFinancialInformationCurrentAssets
180200000 USD
CY2017Q1 us-gaap Equity Method Investment Summarized Financial Information Current Assets
EquityMethodInvestmentSummarizedFinancialInformationCurrentAssets
177300000 USD
CY2016Q1 us-gaap Equity Method Investment Summarized Financial Information Current Liabilities
EquityMethodInvestmentSummarizedFinancialInformationCurrentLiabilities
101700000 USD
CY2017Q1 us-gaap Equity Method Investment Summarized Financial Information Current Liabilities
EquityMethodInvestmentSummarizedFinancialInformationCurrentLiabilities
98600000 USD
CY2015 us-gaap Equity Method Investment Summarized Financial Information Gross Profit Loss
EquityMethodInvestmentSummarizedFinancialInformationGrossProfitLoss
167300000 USD
CY2016 us-gaap Equity Method Investment Summarized Financial Information Gross Profit Loss
EquityMethodInvestmentSummarizedFinancialInformationGrossProfitLoss
182100000 USD
CY2017 us-gaap Equity Method Investment Summarized Financial Information Gross Profit Loss
EquityMethodInvestmentSummarizedFinancialInformationGrossProfitLoss
182200000 USD
CY2016Q1 us-gaap Equity Method Investment Summarized Financial Information Liabilities
EquityMethodInvestmentSummarizedFinancialInformationLiabilities
113500000 USD
CY2017Q1 us-gaap Equity Method Investment Summarized Financial Information Liabilities
EquityMethodInvestmentSummarizedFinancialInformationLiabilities
108500000 USD
CY2015 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
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46200000 USD
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40400000 USD
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36900000 USD
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35600000 USD
CY2017Q1 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Assets
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37900000 USD
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11800000 USD
CY2017Q1 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Liabilities
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9900000 USD
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573500000 USD
CY2016 us-gaap Equity Method Investment Summarized Financial Information Revenue
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635100000 USD
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649100000 USD
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44500000 USD
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43800000 USD
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1600000 USD
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7000000 USD
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3300000 USD
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76300000 USD
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77900000 USD
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0 USD
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0 USD
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0 USD
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42700000 USD
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43200000 USD
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600000 USD
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400000 USD
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400000 USD
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400000 USD
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400000 USD
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43700000 USD
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47200000 USD
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1000000 USD
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4000000 USD
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1800000 USD
CY2017Q1 us-gaap Foreign Currency Contract Asset Fair Value Disclosure
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3500000 USD
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3300000 USD
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900000 USD
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8500000 USD
CY2017 us-gaap Gain Loss On Sale Of Equity Investments
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300000 USD
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CY2016Q1 us-gaap Gross Profit
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146200000 USD
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136000000 USD
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59900000 USD
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60300000 USD
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137000000 USD
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174800000 USD
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196300000 USD
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15200000 USD
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13400000 USD
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9700000 USD
CY2015 us-gaap Income Tax Expense Benefit
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4500000 USD
CY2017 us-gaap Income Tax Expense Benefit
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6100000 USD
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200000 USD
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9300000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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48000000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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61200000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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68700000 USD
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3400000 USD
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2300000 USD
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1800000 USD
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6300000 USD
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6700000 USD
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6500000 USD
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0 USD
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1700000 USD
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1900000 USD
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1800000 USD
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0 USD
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18500000 USD
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16100000 USD
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20400000 USD
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27200000 USD
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5100000 USD
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2300000 shares
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1600000 shares
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79600000 USD
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51000000 USD
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50500000 USD
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2800000 USD
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300000 USD
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2018-03-31
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0.001
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false
CY2017 us-gaap Multiemployer Plans Surcharge
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186400000 USD
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170700000 USD
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55200000 USD
CY2016Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
25800000 USD
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
174600000 USD
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
33300000 USD
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
61900000 USD
CY2016Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
54600000 USD
CY2017Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
50400000 USD
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
200200000 USD
CY2015 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
50500000 USD
CY2016 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
48800000 USD
CY2017 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
49800000 USD
CY2015 us-gaap Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
5300000 USD
CY2016 us-gaap Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
5200000 USD
CY2017 us-gaap Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
4000000 USD
CY2017Q1 us-gaap Operating Loss Carryforwards Valuation Allowance
OperatingLossCarryforwardsValuationAllowance
7900000 USD
CY2016Q1 us-gaap Other Assets Current
OtherAssetsCurrent
56200000 USD
CY2017Q1 us-gaap Other Assets Current
OtherAssetsCurrent
58900000 USD
CY2016Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
30000000 USD
CY2017Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
42300000 USD
CY2016 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
5900000 USD
CY2017 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
-6000000 USD
CY2015 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
0 USD
CY2016 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
0 USD
CY2017 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
0 USD
CY2016 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
-9200000 USD
CY2017 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
-8700000 USD
CY2016 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
-5600000 USD
CY2017 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
-5300000 USD
CY2016 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-5000000 USD
CY2017 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-6100000 USD
CY2015 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-35900000 USD
CY2016 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-9800000 USD
CY2017 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-9100000 USD
CY2015 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-19200000 USD
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-12200000 USD
CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-12400000 USD
CY2015 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-19200000 USD
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-12200000 USD
CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-12400000 USD
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-30200000 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-10200000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-11000000 USD
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-30200000 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-10200000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-11000000 USD
CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
16800000 USD
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-2600000 USD
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-4700000 USD
CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
11100000 USD
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-2200000 USD
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-2300000 USD
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
9400000 USD
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
11400000 USD
CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-5700000 USD
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
400000 USD
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
2400000 USD
CY2015 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
5700000 USD
CY2016 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-400000 USD
CY2017 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-1900000 USD
CY2015 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
100000 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
0 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
0 USD
CY2015 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
100000 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
0 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
0 USD
CY2015 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
0 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
0 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
0 USD
CY2015 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
0 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-200000 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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-1400000 USD
CY2015 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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0 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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-200000 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-900000 USD
CY2015 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
0 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
0 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
500000 USD
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78200000 USD
CY2017Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
59200000 USD
CY2016Q1 us-gaap Other Liabilities Noncurrent
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75100000 USD
CY2017Q1 us-gaap Other Liabilities Noncurrent
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73200000 USD
CY2015 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
8400000 USD
CY2016 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
16300000 USD
CY2017 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
11900000 USD
CY2017 us-gaap Other Postretirement Benefits Payments
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4000000 USD
CY2015 us-gaap Payments For Proceeds From Other Investing Activities
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CY2016 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
7400000 USD
CY2017 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
3200000 USD
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
36300000 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
56400000 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
48400000 USD
CY2015 us-gaap Payments For Restructuring
PaymentsForRestructuring
43100000 USD
CY2016 us-gaap Payments For Restructuring
PaymentsForRestructuring
25800000 USD
CY2017 us-gaap Payments For Restructuring
PaymentsForRestructuring
10000000 USD
CY2015 us-gaap Payments Of Dividends
PaymentsOfDividends
52500000 USD
CY2016 us-gaap Payments Of Dividends
PaymentsOfDividends
57000000 USD
CY2017 us-gaap Payments Of Dividends
PaymentsOfDividends
58500000 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
97500000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
93400000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
61100000 USD
CY2015 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
91400000 USD
CY2016 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
105700000 USD
CY2017 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
112600000 USD
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36500000 USD
CY2017Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
35000000 USD
CY2016Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Current And Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesCurrentAndNoncurrent
179000000 USD
CY2017Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Current And Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesCurrentAndNoncurrent
169300000 USD
CY2016Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
142500000 USD
CY2017Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
134300000 USD
CY2017 us-gaap Pension Contributions
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5000000 USD
CY2016Q1 us-gaap Preferred Stock No Par Value
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0
CY2017Q1 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
0
CY2016Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2017Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2016Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2016Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2017Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q1 us-gaap Prepaid Expense Current
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19600000 USD
CY2017Q1 us-gaap Prepaid Expense Current
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19100000 USD
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0 USD
CY2016 us-gaap Proceeds From Divestiture Of Businesses And Interests In Affiliates
ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates
18000000 USD
CY2017 us-gaap Proceeds From Divestiture Of Businesses And Interests In Affiliates
ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates
0 USD
CY2015 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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10700000 USD
CY2016 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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12400000 USD
CY2017 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
9900000 USD
CY2015 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2016 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
51100000 USD
CY2017 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2015 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
19700000 USD
CY2016 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
5600000 USD
CY2017 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1900000 USD
CY2015 us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
149100000 USD
CY2016 us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
95100000 USD
CY2017 us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
126600000 USD
CY2014Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
37300000 USD
CY2015Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
39400000 USD
CY2016Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
42100000 USD
CY2017Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
41300000 USD
CY2016Q1 us-gaap Product Warranty Accrual Classified Current
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20500000 USD
CY2017Q1 us-gaap Product Warranty Accrual Classified Current
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20400000 USD
CY2015 us-gaap Product Warranty Accrual Currency Translation Increase Decrease
ProductWarrantyAccrualCurrencyTranslationIncreaseDecrease
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CY2016 us-gaap Product Warranty Accrual Currency Translation Increase Decrease
ProductWarrantyAccrualCurrencyTranslationIncreaseDecrease
600000 USD
CY2017 us-gaap Product Warranty Accrual Currency Translation Increase Decrease
ProductWarrantyAccrualCurrencyTranslationIncreaseDecrease
-200000 USD
CY2016Q1 us-gaap Product Warranty Accrual Noncurrent
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21600000 USD
CY2017Q1 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
20900000 USD
CY2015 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
13600000 USD
CY2016 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
16000000 USD
CY2017 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
20100000 USD
CY2015 us-gaap Product Warranty Accrual Period Increase Decrease
ProductWarrantyAccrualPeriodIncreaseDecrease
17100000 USD
CY2016 us-gaap Product Warranty Accrual Period Increase Decrease
ProductWarrantyAccrualPeriodIncreaseDecrease
18100000 USD
CY2017 us-gaap Product Warranty Accrual Period Increase Decrease
ProductWarrantyAccrualPeriodIncreaseDecrease
19500000 USD
CY2016Q1 us-gaap Property Plant And Equipment Gross
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1348400000 USD
CY2017Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1367700000 USD
CY2016Q1 us-gaap Property Plant And Equipment Net
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411600000 USD
CY2017Q1 us-gaap Property Plant And Equipment Net
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408100000 USD
CY2016 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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CY2017 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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CY2015 us-gaap Repayments Of Long Term Debt
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2600000 USD
CY2016 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
34800000 USD
CY2017 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
2300000 USD
CY2015 us-gaap Research And Development Expense
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35400000 USD
CY2016 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
33000000 USD
CY2017 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
35800000 USD
CY2015 us-gaap Restructuring Charges
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40600000 USD
CY2016 us-gaap Restructuring Charges
RestructuringCharges
19900000 USD
CY2017 us-gaap Restructuring Charges
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5100000 USD
CY2014Q1 us-gaap Restructuring Reserve
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9700000 USD
CY2015Q1 us-gaap Restructuring Reserve
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15300000 USD
CY2016Q1 us-gaap Restructuring Reserve
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10800000 USD
CY2017Q1 us-gaap Restructuring Reserve
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5300000 USD
CY2015 us-gaap Restructuring Reserve Accrual Adjustment
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-2700000 USD
CY2016 us-gaap Restructuring Reserve Accrual Adjustment
RestructuringReserveAccrualAdjustment
-1400000 USD
CY2017 us-gaap Restructuring Reserve Accrual Adjustment
RestructuringReserveAccrualAdjustment
-600000 USD
CY2016Q1 us-gaap Retained Earnings Accumulated Deficit
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776500000 USD
CY2017Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
817100000 USD
CY2015 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
277400000 USD
CY2016 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
273300000 USD
CY2017 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
270000000 USD
CY2015 us-gaap Sales Revenue Net
SalesRevenueNet
3059700000 USD
CY2015Q2 us-gaap Sales Revenue Net
SalesRevenueNet
705500000 USD
CY2015Q3 us-gaap Sales Revenue Net
SalesRevenueNet
819000000 USD
CY2015Q4 us-gaap Sales Revenue Net
SalesRevenueNet
787600000 USD
CY2016Q1 us-gaap Sales Revenue Net
SalesRevenueNet
747900000 USD
CY2016 us-gaap Sales Revenue Net
SalesRevenueNet
3060000000 USD
CY2016Q2 us-gaap Sales Revenue Net
SalesRevenueNet
718800000 USD
CY2016Q3 us-gaap Sales Revenue Net
SalesRevenueNet
758000000 USD
CY2016Q4 us-gaap Sales Revenue Net
SalesRevenueNet
786500000 USD
CY2017Q1 us-gaap Sales Revenue Net
SalesRevenueNet
769100000 USD
CY2017 us-gaap Sales Revenue Net
SalesRevenueNet
3032400000 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
18400000 USD
CY2017 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
48400000 USD
CY2014Q1 us-gaap Stockholders Equity
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677100000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
21000000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
19800000 USD
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
25000000 shares
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
8982609 shares
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
7880288 shares
CY2016Q1 us-gaap Short Term Debt Weighted Average Interest Rate
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0.018
CY2017Q1 us-gaap Short Term Debt Weighted Average Interest Rate
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0.018
CY2016Q1 us-gaap Short Term Investments
ShortTermInvestments
84100000 USD
CY2017Q1 us-gaap Short Term Investments
ShortTermInvestments
73400000 USD
CY2015 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
36300000 USD
CY2016 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
56400000 USD
CY2015Q1 us-gaap Stockholders Equity
StockholdersEquity
663800000 USD
CY2016Q1 us-gaap Stockholders Equity
StockholdersEquity
736900000 USD
CY2017Q1 us-gaap Stockholders Equity
StockholdersEquity
766500000 USD
CY2017Q1 us-gaap Tax Credit Carryforward Valuation Allowance
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0 USD
CY2015 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1600000 USD
CY2016 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
3400000 USD
CY2017 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
2400000 USD
CY2017Q1 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
121000000 USD
CY2013Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
12700000 USD
CY2015Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
8800000 USD
CY2016Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
8600000 USD
CY2017Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2800000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1900000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
5300000 USD
CY2015 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
2000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
200000 USD
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
500000 USD
CY2017 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
2700000 USD
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
123700000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
122800000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
118900000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
122100000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
121800000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
118400000 shares
CY2016Q1 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
3500000 USD
CY2017Q1 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
2400000 USD
CY2016Q1 us-gaap Workers Compensation Liability Current And Noncurrent
WorkersCompensationLiabilityCurrentAndNoncurrent
16900000 USD
CY2017Q1 us-gaap Workers Compensation Liability Current And Noncurrent
WorkersCompensationLiabilityCurrentAndNoncurrent
16300000 USD
CY2016Q1 us-gaap Workers Compensation Liability Noncurrent
WorkersCompensationLiabilityNoncurrent
13400000 USD
CY2017Q1 us-gaap Workers Compensation Liability Noncurrent
WorkersCompensationLiabilityNoncurrent
13900000 USD
CY2017 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:18px;text-indent:16px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;">Concentrations of Credit Risk</font></div><div style="line-height:120%;padding-bottom:16px;padding-top:6px;text-indent:36px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Our trade receivables are primarily due from independent dealers who, in turn, carry receivables from their customers. We monitor and manage the credit risk associated with individual dealers and direct customers where applicable. Dealers are responsible for assessing and assuming credit risk of their customers and may require their customers to provide deposits, letters of credit or other credit enhancement measures. Some sales contracts are structured such that the customer payment or obligation is direct to us. In those cases, we typically assume the credit risk. Whether from dealers or customers, our trade credit exposures are not concentrated with any particular entity.</font></div></div>
CY2017 us-gaap Fiscal Period
FiscalPeriod
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:18px;text-indent:16px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;">Fiscal Year</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-indent:36px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Our fiscal year ends on the last Friday in February, with each fiscal quarter typically including </font><font style="font-family:Arial;font-size:10pt;color:#000000;text-decoration:none;">13</font><font style="font-family:Arial;font-size:10pt;">&#160;weeks. The fiscal years ended </font><font style="font-family:Arial;font-size:10pt;">February&#160;24, 2017</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:Arial;font-size:10pt;">February&#160;26, 2016</font><font style="font-family:Arial;font-size:10pt;"> and </font><font style="font-family:Arial;font-size:10pt;">February&#160;27, 2015</font><font style="font-family:Arial;font-size:10pt;"> contained </font><font style="font-family:Arial;font-size:10pt;">52</font><font style="font-family:Arial;font-size:10pt;"> weeks. Reference to a year relates to the fiscal year, ended in February of the year indicated, rather than the calendar year, unless indicated by a specific date. Additionally, Q1, Q2, Q3 and Q4 reference the first, second, third and fourth quarter, respectively, of the fiscal year indicated. All amounts are in millions, except share and per share data, data presented as a percentage or as otherwise indicated.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:18px;text-indent:16px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;"></font></div></div>
CY2017 us-gaap Nature Of Operations
NatureOfOperations
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">NATURE OF OPERATIONS</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-indent:36px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Steelcase is the global leader in furnishing the work experience in office environments. Founded in 1912, we are headquartered in Grand Rapids, Michigan, U.S.A. and employ approximately </font><font style="font-family:Arial;font-size:10pt;">11,700</font><font style="font-family:Arial;font-size:10pt;">&#160;employees. We operate manufacturing and distribution center facilities in </font><font style="font-family:Arial;font-size:10pt;">21</font><font style="font-family:Arial;font-size:10pt;"> principal locations. We distribute products through various channels, including independent and company-owned dealers in more than </font><font style="font-family:Arial;font-size:10pt;">800</font><font style="font-family:Arial;font-size:10pt;"> locations throughout the world, and have led the global office furniture industry in revenue every year since 1974. We operate under the Americas and EMEA reportable segments plus an &#8220;Other&#8221; category. Additional information about our reportable segments is contained in Note&#160;</font><font style="font-family:Arial;font-size:10pt;color:#000000;text-decoration:none;">18</font><font style="font-family:Arial;font-size:10pt;">.</font></div></div>
CY2017 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:18px;text-indent:16px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;">Use of Estimates</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-indent:36px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America ("U.S. GAAP") requires management to make estimates and assumptions that affect the amounts and disclosures in the consolidated financial statements and accompanying notes. Although these estimates are based on historical data and management&#8217;s knowledge of current events and actions we may undertake in the future, actual results may differ from these estimates under different assumptions or conditions.</font></div></div>

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