2017 Q3 Form 10-Q Financial Statement

#000155227517000055 Filed on November 07, 2017

View on sec.gov

Income Statement

Concept 2017 Q3 2016 Q3
Revenue $3.064B $2.619B
YoY Change 16.99% -5.59%
Cost Of Revenue $2.304B $1.975B
YoY Change 16.66% -54.93%
Gross Profit $316.0M $282.0M
YoY Change 12.06% 107.35%
Gross Profit Margin 10.31% 10.77%
Selling, General & Admin $50.00M $57.00M
YoY Change -12.28% -41.84%
% of Gross Profit 15.82% 20.21%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $34.00M $31.00M
YoY Change 9.68% -61.54%
% of Gross Profit 10.76% 10.99%
Operating Expenses $112.0M $138.0M
YoY Change -18.84% -68.01%
Operating Profit $128.0M $76.00M
YoY Change 68.42% 375.0%
Interest Expense $64.00M $47.00M
YoY Change 36.17% 64.81%
% of Operating Profit 50.0% 61.84%
Other Income/Expense, Net
YoY Change
Pretax Income $88.00M $7.000M
YoY Change 1157.14% -89.2%
Income Tax $44.00M -$26.00M
% Of Pretax Income 50.0% -371.43%
Net Earnings $138.0M $45.00M
YoY Change 206.67% 60.71%
Net Earnings / Revenue 4.5% 1.72%
Basic Earnings Per Share
Diluted Earnings Per Share $1.379M $471.7K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2017 Q3 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $86.00M $80.60M
YoY Change 6.7% 39.87%
Cash & Equivalents $86.00M $67.00M
Short-Term Investments
Other Short-Term Assets $79.00M $97.62M
YoY Change -19.07% -68.35%
Inventory $359.0M $488.8M
Prepaid Expenses
Receivables $451.0M $385.5M
Other Receivables $195.0M $130.4M
Total Short-Term Assets $5.262B $1.061B
YoY Change 395.83% 1.08%
LONG-TERM ASSETS
Property, Plant & Equipment $1.191B $3.323B
YoY Change -64.16% 44.59%
Goodwill $1.031B $3.236B
YoY Change -68.14%
Intangibles $777.0M $1.291B
YoY Change -39.8%
Long-Term Investments
YoY Change
Other Assets $46.00M $85.87M
YoY Change -46.43% 64.81%
Total Long-Term Assets $3.045B $7.936B
YoY Change -61.63% 1.85%
TOTAL ASSETS
Total Short-Term Assets $5.262B $1.061B
Total Long-Term Assets $3.045B $7.936B
Total Assets $8.307B $8.997B
YoY Change -7.67% 1.76%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $583.0M $440.0M
YoY Change 32.52% -7.3%
Accrued Expenses $359.0M $321.3M
YoY Change 11.72% 40.94%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $6.000M $5.000M
YoY Change 20.0% -63.77%
Total Short-Term Liabilities $1.309B $860.7M
YoY Change 52.09% 15.98%
LONG-TERM LIABILITIES
Long-Term Debt $4.182B $4.473B
YoY Change -6.51% 83.08%
Other Long-Term Liabilities $99.00M $160.7M
YoY Change -38.38% 68.07%
Total Long-Term Liabilities $99.00M $160.7M
YoY Change -38.38% -93.67%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.309B $860.7M
Total Long-Term Liabilities $99.00M $160.7M
Total Liabilities $6.172B $6.190B
YoY Change -0.29% 65.3%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.135B $2.807B
YoY Change
Total Liabilities & Shareholders Equity $8.307B $8.997B
YoY Change -7.67% 45.59%

Cashflow Statement

Concept 2017 Q3 2016 Q3
OPERATING ACTIVITIES
Net Income $138.0M $45.00M
YoY Change 206.67% 60.71%
Depreciation, Depletion And Amortization $34.00M $31.00M
YoY Change 9.68% -61.54%
Cash From Operating Activities $317.0M $144.0M
YoY Change 120.14% -31.66%
INVESTING ACTIVITIES
Capital Expenditures $41.00M $111.0M
YoY Change -63.06% -21.15%
Acquisitions
YoY Change
Other Investing Activities $9.000M -$255.0M
YoY Change -103.53% -74.72%
Cash From Investing Activities -$37.00M -$286.0M
YoY Change -87.06% -75.73%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -289.0M 142.0M
YoY Change -303.52% -84.13%
NET CHANGE
Cash From Operating Activities 317.0M 144.0M
Cash From Investing Activities -37.00M -286.0M
Cash From Financing Activities -289.0M 142.0M
Net Change In Cash -9.000M 0.000
YoY Change -100.0%
FREE CASH FLOW
Cash From Operating Activities $317.0M $144.0M
Capital Expenditures $41.00M $111.0M
Free Cash Flow $276.0M $33.00M
YoY Change 736.36% -52.81%

Facts In Submission

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42000000 USD
CY2017Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
42000000 USD
CY2016Q3 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
31000000 USD
us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
90000000 USD
CY2017Q3 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
29000000 USD
CY2017Q3 us-gaap Gross Profit
GrossProfit
251000000 USD
us-gaap Gross Profit
GrossProfit
600000000 USD
CY2017Q1 us-gaap Distribution Made To Limited Partner Distributions Paid Per Unit
DistributionMadeToLimitedPartnerDistributionsPaidPerUnit
0.8255
CY2017Q2 us-gaap Distribution Made To Limited Partner Distributions Paid Per Unit
DistributionMadeToLimitedPartnerDistributionsPaidPerUnit
0.8255
CY2017Q3 us-gaap Distribution Made To Limited Partner Distributions Paid Per Unit
DistributionMadeToLimitedPartnerDistributionsPaidPerUnit
0.8255
CY2016Q3 us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
1000000 USD
us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
3000000 USD
us-gaap Excise And Sales Taxes
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87000000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
205000000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
246000000 USD
CY2016Q3 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
1000000 USD
CY2017Q3 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
4000000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 USD
CY2016Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
45000000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
128000000 USD
CY2017Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
30000000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
102000000 USD
us-gaap General Partners Capital Account Distribution Amount
GeneralPartnersCapitalAccountDistributionAmount
312000000 USD
CY2016Q4 us-gaap Goodwill
Goodwill
1050000000 USD
CY2017Q3 us-gaap Goodwill
Goodwill
1031000000 USD
CY2017Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
320000000 USD
CY2017Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
44000000 USD
CY2016Q3 us-gaap Gross Profit
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192000000 USD
us-gaap Gross Profit
GrossProfit
628000000 USD
CY2017Q2 us-gaap Incentive Distribution Distribution Per Year
IncentiveDistributionDistributionPerYear
21000000 USD
CY2017Q3 us-gaap Incentive Distribution Distribution Per Year
IncentiveDistributionDistributionPerYear
21000000 USD
CY2016Q3 us-gaap Incentive Distribution Distribution Per Year
IncentiveDistributionDistributionPerYear
20000000 USD
us-gaap Incentive Distribution Distribution Per Year
IncentiveDistributionDistributionPerYear
60000000 USD
CY2017Q3 us-gaap Incentive Distribution Distribution Per Year
IncentiveDistributionDistributionPerYear
22000000 USD
us-gaap Incentive Distribution Distribution Per Year
IncentiveDistributionDistributionPerYear
64000000 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
33000000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
155000000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
132000000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
181000000 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
7000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
134000000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
88000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
67000000 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Net Of Tax Per Outstanding Limited Partnership Unit Diluted
IncomeLossFromContinuingOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
0.11
us-gaap Income Loss From Continuing Operations Net Of Tax Per Outstanding Limited Partnership Unit Diluted
IncomeLossFromContinuingOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
0.98
CY2017Q3 us-gaap Income Loss From Continuing Operations Net Of Tax Per Outstanding Limited Partnership Unit Diluted
IncomeLossFromContinuingOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
1.02
us-gaap Income Loss From Continuing Operations Net Of Tax Per Outstanding Limited Partnership Unit Diluted
IncomeLossFromContinuingOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
0.98
CY2016Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
12000000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
24000000 USD
CY2017Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
6000000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-264000000 USD
CY2016Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Outstanding Limited Partnership Unit Diluted1
IncomeLossFromDiscontinuedOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted1
0.13
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Outstanding Limited Partnership Unit Diluted1
IncomeLossFromDiscontinuedOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted1
0.26
CY2017Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Outstanding Limited Partnership Unit Diluted1
IncomeLossFromDiscontinuedOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted1
0.06
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Outstanding Limited Partnership Unit Diluted1
IncomeLossFromDiscontinuedOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted1
-2.66
CY2016Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-26000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-21000000 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-44000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-114000000 USD
CY2016Q3 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-1000000 USD
us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
11000000 USD
CY2017Q3 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2016Q3 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
3000000 USD
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
47000000 USD
CY2017Q3 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
31000000 USD
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
23000000 USD
CY2016Q3 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-6000000 USD
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
4000000 USD
CY2017Q3 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
2000000 USD
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
0 USD
CY2016Q3 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-1000000 USD
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-2000000 USD
CY2017Q3 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-3000000 USD
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-7000000 USD
CY2016Q3 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
21000000 USD
us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
81000000 USD
CY2017Q3 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
74000000 USD
us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
130000000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-8000000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-64000000 USD
us-gaap Increase Decrease In Accounts Receivable
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63000000 USD
us-gaap Increase Decrease In Accounts Receivable
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-89000000 USD
us-gaap Increase Decrease In Accrued Liabilities
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5000000 USD
us-gaap Increase Decrease In Accrued Liabilities
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-28000000 USD
us-gaap Increase Decrease In Deferred Income Taxes
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-15000000 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
115000000 USD
us-gaap Increase Decrease In Due From Affiliates Current
IncreaseDecreaseInDueFromAffiliatesCurrent
-13000000 USD
us-gaap Increase Decrease In Due From Affiliates Current
IncreaseDecreaseInDueFromAffiliatesCurrent
137000000 USD
us-gaap Increase Decrease In Due To Affiliates Current
IncreaseDecreaseInDueToAffiliatesCurrent
17000000 USD
us-gaap Increase Decrease In Due To Affiliates Current
IncreaseDecreaseInDueToAffiliatesCurrent
86000000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-58000000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-35000000 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
65000000 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-9000000 USD
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
4000000 USD
us-gaap Increase Decrease In Other Noncurrent Liabilities
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58000000 USD
CY2016Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
957000000 USD
CY2017Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
1023000000 USD
CY2016Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
752000000 USD
CY2017Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
777000000 USD
CY2016Q3 us-gaap Interest Expense
InterestExpense
47000000 USD
us-gaap Interest Expense
InterestExpense
111000000 USD
CY2017Q3 us-gaap Interest Expense
InterestExpense
51000000 USD
us-gaap Interest Expense
InterestExpense
162000000 USD
CY2016Q4 us-gaap Interest Payable Current
InterestPayableCurrent
39000000 USD
CY2017Q3 us-gaap Interest Payable Current
InterestPayableCurrent
58000000 USD
us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
-60000000 USD
us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
-9000000 USD
CY2016Q4 us-gaap Inventory Net
InventoryNet
385000000 USD
CY2017Q3 us-gaap Inventory Net
InventoryNet
359000000 USD
CY2016Q3 us-gaap Inventory Write Down
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2000000 USD
us-gaap Inventory Write Down
InventoryWriteDown
64000000 USD
CY2017Q3 us-gaap Inventory Write Down
InventoryWriteDown
-55000000 USD
CY2016Q3 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
12000000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
36000000 USD
CY2017Q3 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
13000000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
38000000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
6505000000 USD
CY2017Q3 us-gaap Liabilities
Liabilities
6172000000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
8701000000 USD
CY2017Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
8307000000 USD
CY2016Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1189000000 USD
CY2017Q3 us-gaap Liabilities Current
LiabilitiesCurrent
1309000000 USD
CY2016Q4 us-gaap Liabilities Subject To Compromise Early Contract Termination Fees
LiabilitiesSubjectToCompromiseEarlyContractTerminationFees
2000000 USD
CY2017Q3 us-gaap Liabilities Subject To Compromise Early Contract Termination Fees
LiabilitiesSubjectToCompromiseEarlyContractTerminationFees
2000000 USD
us-gaap Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest
1.00
CY2016Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
4509000000 USD
CY2017Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
4182000000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
45000000 USD
us-gaap Net Income Loss
NetIncomeLoss
179000000 USD
us-gaap Operating Expenses
OperatingExpenses
383000000 USD
CY2017Q3 us-gaap Operating Expenses
OperatingExpenses
112000000 USD
us-gaap Operating Expenses
OperatingExpenses
371000000 USD
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
54000000 USD
CY2016Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
5000000 USD
CY2017Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
6000000 USD
CY2016Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
4561000000 USD
CY2017Q3 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
4225000000 USD
CY2016Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
1000000000 USD
CY2017Q3 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
644000000 USD
us-gaap Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
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us-gaap Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
159000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2474000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-319000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-248000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-75000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
172000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
222000000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
138000000 USD
us-gaap Net Income Loss
NetIncomeLoss
-83000000 USD
CY2016Q3 us-gaap Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
0.24
us-gaap Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
1.24
CY2017Q3 us-gaap Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
1.08
us-gaap Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
-1.68
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2017Q3 us-gaap Number Of Stores
NumberOfStores
27 store
CY2017Q2 us-gaap Number Of Stores
NumberOfStores
1112 store
CY2017Q1 us-gaap Number Of Stores
NumberOfStores
97 store
CY2016Q4 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
12000000 USD
CY2017Q3 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
10000000 USD
CY2016Q3 us-gaap Operating Expenses
OperatingExpenses
138000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
245000000 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
139000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
229000000 USD
CY2016Q3 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
23000000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
66000000 USD
CY2017Q3 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
22000000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
66000000 USD
CY2016Q3 us-gaap Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
6000000 USD
us-gaap Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
18000000 USD
CY2017Q3 us-gaap Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
6000000 USD
us-gaap Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
19000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
9000000 USD
CY2016Q4 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
30000000 USD
CY2017Q3 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
42000000 USD
us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
15000000 USD
us-gaap Partners Capital Account Public Sale Of Units Net Of Offering Costs
PartnersCapitalAccountPublicSaleOfUnitsNetOfOfferingCosts
33000000 USD
us-gaap Partners Capital Account Unit Based Compensation
PartnersCapitalAccountUnitBasedCompensation
18000000 USD
CY2016Q4 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
2196000000 USD
CY2017Q3 us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
1000000 USD
us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
9000000 USD
CY2017Q3 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
2135000000 USD
us-gaap Partners Capital Other
PartnersCapitalOther
-2000000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
30000000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2016Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
107000000 USD
CY2017Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
83000000 USD
CY2016Q4 us-gaap Other Assets Current
OtherAssetsCurrent
72000000 USD
CY2017Q3 us-gaap Other Assets Current
OtherAssetsCurrent
79000000 USD
CY2016Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
64000000 USD
CY2017Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
46000000 USD
CY2016Q3 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
50000000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
135000000 USD
CY2017Q3 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
49000000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
144000000 USD
CY2016Q3 us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
8000000 USD
us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
12000000 USD
CY2016Q4 us-gaap Other Inventory Net Of Reserves
OtherInventoryNetOfReserves
11000000 USD
CY2017Q3 us-gaap Other Inventory Net Of Reserves
OtherInventoryNetOfReserves
12000000 USD
CY2016Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
96000000 USD
CY2017Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
99000000 USD
CY2016Q4 us-gaap Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
3509000000 USD
CY2017Q3 us-gaap Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
3538000000 USD
CY2016Q3 us-gaap Other Operating Income
OtherOperatingIncome
36000000 USD
us-gaap Other Operating Income
OtherOperatingIncome
110000000 USD
CY2017Q3 us-gaap Other Operating Income
OtherOperatingIncome
39000000 USD
us-gaap Other Operating Income
OtherOperatingIncome
106000000 USD
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
50000000 USD
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
0 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
171000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
39000000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
29000000 USD
CY2016Q3 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
111000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
44000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
51000000 USD
us-gaap Proceeds From Issuance Of Common Limited Partners Units
ProceedsFromIssuanceOfCommonLimitedPartnersUnits
0 USD
us-gaap Proceeds From Issuance Of Common Limited Partners Units
ProceedsFromIssuanceOfCommonLimitedPartnersUnits
33000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
18000000 USD
us-gaap Revenues
Revenues
7330000000 USD
CY2016Q4 us-gaap Sale Leaseback Transaction Amount Due Under Financing Arrangement
SaleLeasebackTransactionAmountDueUnderFinancingArrangement
117000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
2835000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
61000000 USD
us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
300000000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
2200000000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
1894000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
4000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-2000000 USD
us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
231000000 USD
us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
22000000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
6000000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
5000000 USD
CY2016Q3 us-gaap Profit Loss
ProfitLoss
45000000 USD
us-gaap Profit Loss
ProfitLoss
179000000 USD
CY2017Q3 us-gaap Profit Loss
ProfitLoss
138000000 USD
us-gaap Profit Loss
ProfitLoss
-83000000 USD
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1468000000 USD
CY2017Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1531000000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1188000000 USD
CY2017Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1191000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
1692000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
2250000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
799000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
4000000 USD
CY2016Q4 us-gaap Retail Related Inventory Merchandise
RetailRelatedInventoryMerchandise
4000000 USD
CY2017Q3 us-gaap Retail Related Inventory Merchandise
RetailRelatedInventoryMerchandise
3000000 USD
CY2016Q3 us-gaap Revenues
Revenues
2167000000 USD
us-gaap Revenues
Revenues
5918000000 USD
CY2017Q3 us-gaap Revenues
Revenues
2555000000 USD
CY2017Q3 us-gaap Sale Leaseback Transaction Amount Due Under Financing Arrangement
SaleLeasebackTransactionAmountDueUnderFinancingArrangement
114000000 USD
us-gaap Sale Leaseback Transaction Imputed Interest Rate
SaleLeasebackTransactionImputedInterestRate
0.05125
CY2016Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
17000000 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
50000000 USD
CY2017Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
19000000 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
53000000 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
39.77
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
34.64
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
26.95
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
26.27
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
41.19
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
34.43
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
34.14
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
36.98
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
42.18
CY2016Q3 us-gaap Straight Line Rent
StraightLineRent
0 USD
us-gaap Straight Line Rent
StraightLineRent
-1000000 USD
CY2017Q3 us-gaap Straight Line Rent
StraightLineRent
0 USD
us-gaap Straight Line Rent
StraightLineRent
-1000000 USD
CY2016Q3 us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
6000000 USD
us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
9000000 USD
CY2017Q3 us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
-6000000 USD
us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
-5000000 USD

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