2015 Q4 Form 10-K Financial Statement

#000000412716000068 Filed on November 22, 2016

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2015 Q2
Revenue $880.8M $810.0M $762.1M
YoY Change 22.62% 29.83%
Cost Of Revenue $444.6M $416.9M $409.9M
YoY Change 12.79% 26.98%
Gross Profit $436.2M $393.1M $352.2M
YoY Change 34.59% 33.31%
Gross Profit Margin 49.52% 48.53% 46.21%
Selling, General & Admin $47.40M $48.60M $47.40M
YoY Change -5.77% 3.49%
% of Gross Profit 10.87% 12.36% 13.46%
Research & Development $82.40M $76.80M $75.50M
YoY Change 21.18% 17.6%
% of Gross Profit 18.89% 19.54% 21.44%
Depreciation & Amortization $54.20M $50.30M $47.10M
YoY Change 43.77% 58.05%
% of Gross Profit 12.43% 12.8% 13.37%
Operating Expenses $138.1M $134.3M $132.3M
YoY Change 9.86% 14.35%
Operating Profit $298.1M $258.8M $219.9M
YoY Change 50.25% 48.08%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net -$1.400M $600.0K $600.0K
YoY Change -1500.0%
Pretax Income $296.2M $259.4M $220.5M
YoY Change 49.45% 48.48%
Income Tax $67.00M $52.00M $54.00M
% Of Pretax Income 22.62% 20.05% 24.49%
Net Earnings $229.2M $207.4M $166.5M
YoY Change 31.05% 49.46%
Net Earnings / Revenue 26.02% 25.6% 21.85%
Basic Earnings Per Share $1.21 $1.09 $0.88
Diluted Earnings Per Share $1.18 $1.06 $0.85
COMMON SHARES
Basic Shares Outstanding 191.2M shares 190.0M shares 189.9M shares
Diluted Shares Outstanding 195.4M shares 195.2M shares

Balance Sheet

Concept 2015 Q4 2015 Q3 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.044B $1.106B $1.054B
YoY Change 29.51% 18.01%
Cash & Equivalents $1.084B $1.106B $1.054B
Short-Term Investments
Other Short-Term Assets $65.20M $57.70M $71.40M
YoY Change 86.29% 62.64%
Inventory $267.9M $272.7M $276.2M
Prepaid Expenses
Receivables $538.0M $381.7M $277.1M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.915B $1.818B $1.679B
YoY Change 33.97% 21.02%
LONG-TERM ASSETS
Property, Plant & Equipment $826.4M $721.6M $655.8M
YoY Change 48.66% 69.33%
Goodwill $856.7M $854.7M $851.0M
YoY Change 0.67% 6.31%
Intangibles $45.00M $53.30M $58.20M
YoY Change -40.0% 25.7%
Long-Term Investments
YoY Change
Other Assets $20.30M $15.10M $14.70M
YoY Change 70.59% 20.49%
Total Long-Term Assets $1.805B $1.700B $1.634B
YoY Change 16.84% 25.56%
TOTAL ASSETS
Total Short-Term Assets $1.915B $1.818B $1.679B
Total Long-Term Assets $1.805B $1.700B $1.634B
Total Assets $3.719B $3.518B $3.313B
YoY Change 25.07% 23.22%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $291.1M $228.2M $231.0M
YoY Change 45.11% 40.85%
Accrued Expenses $81.50M $77.30M $57.80M
YoY Change 15.28% -6.47%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $463.9M $319.0M $298.6M
YoY Change 55.88% 27.17%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $25.30M $101.8M $102.5M
YoY Change -75.24% 1407.35%
Total Long-Term Liabilities $25.30M $101.8M $102.5M
YoY Change -75.24% 1407.35%
TOTAL LIABILITIES
Total Short-Term Liabilities $463.9M $319.0M $298.6M
Total Long-Term Liabilities $25.30M $101.8M $102.5M
Total Liabilities $560.2M $476.3M $449.7M
YoY Change 26.91% 49.95%
SHAREHOLDERS EQUITY
Retained Earnings $1.469B $1.290B $1.107B
YoY Change 84.83% 72.74%
Common Stock $2.543B $2.493B $2.447B
YoY Change 10.77% 8.55%
Preferred Stock
YoY Change
Treasury Stock (at cost) $844.6M $732.8M $682.3M
YoY Change 52.7% 35.14%
Treasury Stock Shares
Shareholders Equity $3.159B $3.042B $2.864B
YoY Change
Total Liabilities & Shareholders Equity $3.719B $3.518B $3.313B
YoY Change 25.07% 23.22%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2015 Q2
OPERATING ACTIVITIES
Net Income $229.2M $207.4M $166.5M
YoY Change 31.05% 49.46%
Depreciation, Depletion And Amortization $54.20M $50.30M $47.10M
YoY Change 43.77% 58.05%
Cash From Operating Activities $232.7M $221.9M $155.0M
YoY Change 16.12% -22.11%
INVESTING ACTIVITIES
Capital Expenditures -$150.8M -$108.1M -$84.00M
YoY Change 81.91% 24.44%
Acquisitions
YoY Change
Other Investing Activities -$400.0K -$6.100M -$18.10M
YoY Change -99.73%
Cash From Investing Activities -$151.2M -$114.2M -$102.1M
YoY Change -34.66% 51.26%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -143.9M -55.90M -48.60M
YoY Change 154.69% 35.0%
NET CHANGE
Cash From Operating Activities 232.7M 221.9M 155.0M
Cash From Investing Activities -151.2M -114.2M -102.1M
Cash From Financing Activities -143.9M -55.90M -48.60M
Net Change In Cash -62.40M 51.80M 4.300M
YoY Change -28.69% -95.5%
FREE CASH FLOW
Cash From Operating Activities $232.7M $221.9M $155.0M
Capital Expenditures -$150.8M -$108.1M -$84.00M
Free Cash Flow $383.5M $330.0M $239.0M
YoY Change 35.37% -10.32%

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4300000 USD
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8600000 USD
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65200000 USD
CY2016Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
79100000 USD
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6400000 USD
CY2016Q3 us-gaap Deferred Tax Assets Valuation Allowance Current
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12200000 USD
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58800000 USD
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66900000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities
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19100000 USD
CY2016Q3 us-gaap Deferred Tax Liabilities
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25700000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Current
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800000 USD
CY2016Q3 us-gaap Deferred Tax Liabilities Current
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800000 USD
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8200000 USD
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8400000 USD
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18300000 USD
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24900000 USD
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800000 USD
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800000 USD
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10100000 USD
CY2016Q3 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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16500000 USD
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14900000 USD
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19000000 USD
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9800000 USD
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11400000 USD
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6200000 USD
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7200000 USD
CY2016 us-gaap Defined Contribution Plan Cost Recognized
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2800000 USD
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0.04
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96800000 USD
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162300000 USD
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214400000 USD
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41700000 USD
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124000000 USD
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200800000 USD
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2.44
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1.03
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4.21
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1.87
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1.09
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0.98
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1.33
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5.27
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2.38
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1.01
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0.85
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1.06
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1.18
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4.10
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1.82
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1.08
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0.97
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1.31
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5.18
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0.35
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0.35
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29300000 USD
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22500000 USD
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42300000 USD
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1700000 USD
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2300000 USD
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3700000 USD
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25600000 USD
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40800000 USD
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57300000 USD
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ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
43700000 USD
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40800000 USD
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57300000 USD
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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43700000 USD
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0 USD
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0 USD
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0 USD
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0 USD
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0 USD
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0 USD
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8800000 USD
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23600000 USD
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5300000 USD
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7400000 USD
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9300000 USD
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11000000 USD
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P371D
CY2015 us-gaap Fiscal Period Duration
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P364D
CY2016 us-gaap Fiscal Period Duration
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P364D
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0 USD
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0 USD
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88500000 USD
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3300000 USD
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16600000 USD
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0 USD
CY2016 us-gaap Goodwill Impairment Loss
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0 USD
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2400000 USD
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0 USD
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1022700000 USD
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373000000 USD
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352200000 USD
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393100000 USD
CY2015Q4 us-gaap Gross Profit
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CY2015 us-gaap Gross Profit
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346800000 USD
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602100000 USD
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697500000 USD
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218400000 USD
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421500000 USD
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503100000 USD
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565200000 USD
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1023600000 USD
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1200600000 USD
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107500000 USD
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225300000 USD
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205400000 USD
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4600000 USD
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26600000 USD
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30800000 USD
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0.14
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0.16
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2020-09-30
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9800000 USD
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4400000 USD
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IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
13900000 USD
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10900000 USD
CY2015 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
19700000 USD
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19100000 USD
CY2014 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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-120900000 USD
CY2016 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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197800000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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358300000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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420200000 USD
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-7300000 USD
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-9300000 USD
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11000000 USD
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25500000 USD
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18900000 USD
CY2014 us-gaap Income Tax Reconciliation Tax Credits Research
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2800000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
15000000 USD
CY2016 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
33700000 USD
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IncomeTaxReconciliationTaxSettlementsDomestic
-19700000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Settlements Domestic
IncomeTaxReconciliationTaxSettlementsDomestic
0 USD
CY2016 us-gaap Income Tax Reconciliation Tax Settlements Domestic
IncomeTaxReconciliationTaxSettlementsDomestic
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63200000 USD
CY2015 us-gaap Income Taxes Paid
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126100000 USD
CY2016 us-gaap Income Taxes Paid
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165900000 USD
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74200000 USD
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90500000 USD
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6100000 USD
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147300000 USD
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-7300000 USD
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39200000 USD
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20400000 USD
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62400000 USD
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106000000 USD
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27900000 USD
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12400000 USD
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222200000 USD
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IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
5400000 shares
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IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
5400000 shares
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IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3400000 shares
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158500000 USD
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213900000 USD
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45000000 USD
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67000000 USD
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38000000 USD
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140400000 USD
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424000000 USD
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30000000 USD
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18500000 USD
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192400000 USD
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255500000 USD
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11100000 USD
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16500000 USD
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LeaseAndRentalExpense
19500000 USD
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560200000 USD
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314000000 USD
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3719400000 USD
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3855400000 USD
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463900000 USD
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210200000 USD
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71000000 USD
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71800000 USD
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CY2014 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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772400000 USD
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992800000 USD
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1095700000 USD
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457700000 USD
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195200000 USD
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166500000 USD
CY2015Q3 us-gaap Net Income Loss
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207400000 USD
CY2015Q4 us-gaap Net Income Loss
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229200000 USD
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798300000 USD
CY2016Q1 us-gaap Net Income Loss
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355300000 USD
CY2016Q2 us-gaap Net Income Loss
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208100000 USD
CY2016Q3 us-gaap Net Income Loss
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185000000 USD
CY2016Q3 us-gaap Net Income Loss
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246800000 USD
CY2016 us-gaap Net Income Loss
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995200000 USD
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457500000 USD
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531400000 USD
CY2016 us-gaap Operating Expenses
OperatingExpenses
546500000 USD
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OperatingIncomeLoss
565200000 USD
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
1023100000 USD
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
1118700000 USD
CY2016Q3 us-gaap Operating Leases Future Minimum Payments Due
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98100000 USD
CY2016Q3 us-gaap Operating Leases Future Minimum Payments Due Current
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23900000 USD
CY2016Q3 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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4700000 USD
CY2016Q3 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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13200000 USD
CY2016Q3 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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17000000 USD
CY2016Q3 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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22000000 USD
CY2016Q3 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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17300000 USD
CY2016Q3 us-gaap Operating Loss Carryforwards
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9300000 USD
CY2016 us-gaap Operating Loss Carryforwards Expiration Date
OperatingLossCarryforwardsExpirationDate
2035-12-31
CY2015Q4 us-gaap Other Assets Current
OtherAssetsCurrent
65200000 USD
CY2016Q3 us-gaap Other Assets Current
OtherAssetsCurrent
77700000 USD
CY2015Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
20300000 USD
CY2016Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
52600000 USD
CY2016Q3 us-gaap Other Commitment
OtherCommitment
6200000 USD
CY2016Q3 us-gaap Other Commitment Due In Fourth Year
OtherCommitmentDueInFourthYear
100000 USD
CY2016Q3 us-gaap Other Commitment Due In Second Year
OtherCommitmentDueInSecondYear
500000 USD
CY2014 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
4000000 USD
CY2015 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
3100000 USD
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
4000000 USD
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3300000 USD
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
900000 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2700000 USD
CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
0 USD
CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
200000 USD
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
1800000 USD
CY2014 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
25900000 USD
CY2015 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
33500000 USD
CY2016 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
33400000 USD
CY2015Q4 us-gaap Other Inventory Materials Supplies And Merchandise Under Consignment
OtherInventoryMaterialsSuppliesAndMerchandiseUnderConsignment
7500000 USD
CY2016Q3 us-gaap Other Inventory Materials Supplies And Merchandise Under Consignment
OtherInventoryMaterialsSuppliesAndMerchandiseUnderConsignment
9600000 USD
CY2015Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
91300000 USD
CY2016Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
57500000 USD
CY2015Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
25300000 USD
CY2016Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
32000000 USD
CY2014 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1000000 USD
CY2015 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-500000 USD
CY2016 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-300000 USD
CY2014 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 USD
CY2015 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
500000 USD
CY2016 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-6600000 USD
CY2014 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
165700000 USD
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
237300000 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
525600000 USD
CY2014 us-gaap Payments For Restructuring
PaymentsForRestructuring
800000 USD
CY2015 us-gaap Payments For Restructuring
PaymentsForRestructuring
3500000 USD
CY2016 us-gaap Payments For Restructuring
PaymentsForRestructuring
2800000 USD
CY2015Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
24700000 USD
CY2015Q2 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
24900000 USD
CY2015Q3 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
24800000 USD
CY2015Q4 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
49600000 USD
CY2015 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
124000000 USD
CY2016Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
49800000 USD
CY2016Q2 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
49300000 USD
CY2016Q3 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
49500000 USD
CY2016Q3 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
52200000 USD
CY2016 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
200800000 USD
CY2014 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
41400000 USD
CY2015 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
123100000 USD
CY2016 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
201000000 USD
CY2014 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
22100000 USD
CY2015 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
54200000 USD
CY2016 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
73300000 USD
CY2014 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
148500000 USD
CY2015 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
24600000 USD
CY2016 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
55600000 USD
CY2014 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 USD
CY2015 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 USD
CY2016 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
6000000 USD
CY2016 us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
76500000 USD
CY2014 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
208600000 USD
CY2015 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
430100000 USD
CY2016 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
189300000 USD
CY2015Q4 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
0
CY2016Q3 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
0
CY2015Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000 shares
CY2016Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000 shares
CY2015Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2016Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2015Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2016Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2014 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
67800000 USD
CY2015 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
57000000 USD
CY2016 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
28100000 USD
CY2015Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1585400000 USD
CY2016Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1767800000 USD
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
555900000 USD
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
826400000 USD
CY2016Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
806300000 USD
CY2015Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
538000000 USD
CY2016Q3 us-gaap Receivables Net Current
ReceivablesNetCurrent
416600000 USD
CY2014 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
252200000 USD
CY2015 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
303200000 USD
CY2016 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
312400000 USD
CY2014 us-gaap Restructuring Charges
RestructuringCharges
300000 USD
CY2015 us-gaap Restructuring Charges
RestructuringCharges
3400000 USD
CY2016 us-gaap Restructuring Charges
RestructuringCharges
4800000 USD
CY2013Q3 us-gaap Restructuring Reserve
RestructuringReserve
1000000 USD
CY2014Q4 us-gaap Restructuring Reserve
RestructuringReserve
500000 USD
CY2015Q4 us-gaap Restructuring Reserve
RestructuringReserve
400000 USD
CY2016Q3 us-gaap Restructuring Reserve
RestructuringReserve
2400000 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1469200000 USD
CY2016Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2263600000 USD
CY2014 us-gaap Sales Revenue Net
SalesRevenueNet
2291500000 USD
CY2015Q1 us-gaap Sales Revenue Net
SalesRevenueNet
805500000 USD
CY2015Q2 us-gaap Sales Revenue Net
SalesRevenueNet
762100000 USD
CY2015Q3 us-gaap Sales Revenue Net
SalesRevenueNet
810000000 USD
CY2015Q4 us-gaap Sales Revenue Net
SalesRevenueNet
880800000 USD
CY2015 us-gaap Sales Revenue Net
SalesRevenueNet
3258400000 USD
CY2016Q1 us-gaap Sales Revenue Net
SalesRevenueNet
926800000 USD
CY2016Q2 us-gaap Sales Revenue Net
SalesRevenueNet
775100000 USD
CY2016Q3 us-gaap Sales Revenue Net
SalesRevenueNet
751700000 USD
CY2016Q3 us-gaap Sales Revenue Net
SalesRevenueNet
835400000 USD
CY2016 us-gaap Sales Revenue Net
SalesRevenueNet
3289000000 USD
CY2014 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
179100000 USD
CY2015 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
191300000 USD
CY2016 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
195900000 USD
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
86000000 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
99800000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
78000000 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
100000 shares
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
25.73
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
1300000 shares
CY2014 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
26.69
CY2015 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
63.56
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
84.89
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
4800000 shares
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
3600000 shares
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
23.20
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
25.01
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
2400000 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
33.81
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
100700000 shares
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
19100000 shares
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
2100000 shares
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
25.00
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
45.49
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
100000 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
800000 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
11.91
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
23.26
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
26.30
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
174000000 USD
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
5400000 shares
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4800000 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
30.08
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
41.35
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
21.14
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
82.36
CY2016Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
108300000 USD
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y7M6D
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y10M24D
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
21800000 USD
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
16600000 USD
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
21900000 USD
CY2016 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1300000 shares
CY2016Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
400000000 USD
CY2016Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
201400000 USD
CY2013Q3 us-gaap Stockholders Equity
StockholdersEquity
2101100000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
2532400000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
3159200000 USD
CY2016Q3 us-gaap Stockholders Equity
StockholdersEquity
3541400000 USD
CY2016 us-gaap Subsidiary Or Equity Method Investee Cumulative Percentage Ownership After All Transactions
SubsidiaryOrEquityMethodInvesteeCumulativePercentageOwnershipAfterAllTransactions
1
CY2013 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
1900000 USD
CY2014 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
700000 USD
CY2016 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
2600000 USD
CY2015 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
83.29
CY2016 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
65.70
CY2015 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
2900000 shares
CY2016 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
8000000 shares
CY2015Q4 us-gaap Treasury Stock Value
TreasuryStockValue
844600000 USD
CY2016Q3 us-gaap Treasury Stock Value
TreasuryStockValue
1443500000 USD
CY2014 us-gaap Treasury Stock Value Acquired Par Value Method
TreasuryStockValueAcquiredParValueMethod
165700000 USD
CY2015 us-gaap Treasury Stock Value Acquired Par Value Method
TreasuryStockValueAcquiredParValueMethod
237300000 USD
CY2016 us-gaap Treasury Stock Value Acquired Par Value Method
TreasuryStockValueAcquiredParValueMethod
525600000 USD
CY2016Q3 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
1676800000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
81200000 USD
CY2016Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
79700000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
2000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
20900000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
22600000 USD
CY2016Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
1900000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
19700000 USD
CY2016 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
600000 USD
CY2016Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
60800000 USD
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
192600000 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
194900000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
192100000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
187200000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
189500000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
188700000 shares
CY2016 us-gaap Fiscal Period
FiscalPeriod
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">FISCAL YEAR</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s fiscal year ends on the Friday closest to September 30. Fiscal years 2016 and 2015 each consisted of </font><font style="font-family:inherit;font-size:10pt;">52</font><font style="font-family:inherit;font-size:10pt;"> weeks and ended on September 30, 2016 and October 2, 2015, respectively. Fiscal year 2014 consisted of 53 weeks and ended on October 3, 2014. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>
CY2016 us-gaap Loss Contingency Disclosures
LossContingencyDisclosures
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">CONTINGENCIES</font><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Legal Matters</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">From time to time, various lawsuits, claims and proceedings have been, and may in the future be, instituted or asserted against the Company, including those pertaining to patent infringement, intellectual property, environmental hazards, product liability and warranty, safety and health, employment and contractual matters. </font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The semiconductor industry is characterized by vigorous protection and pursuit of intellectual property rights. From time to time, third parties have asserted and may in the future assert patent, copyright, trademark and other intellectual property rights to technologies that are important to the Company&#8217;s business and have demanded and may in the future demand that the Company license their technology. The outcome of any such litigation cannot be predicted with certainty and some such lawsuits, claims or proceedings may be disposed of unfavorably to the Company. Generally speaking, intellectual property disputes often have a risk of injunctive relief, which, if imposed against the Company, could materially and adversely affect the Company&#8217;s financial condition, or results of operations. From time to time the Company may also be involved in legal proceedings in the ordinary course of business. </font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company monitors the status of legal proceedings and other contingencies on an ongoing basis to ensure amounts are recognized and/or disclosed in its financial statements and footnotes as required. At the time of this filing, the Company recorded an estimated $13.0 million accrual for loss contingencies, which is recorded in other current liabilities as of September 30, 2016. The Company does not believe that the possible range of loss is significantly different than the amount currently accrued. The Company also does not believe there are any additional pending legal proceedings that are reasonably possible to result in a material loss. The Company is engaged in various legal actions in the normal course of business and, while there can be no assurances, the Company believes the outcome of all pending litigation involving the Company will not have, individually or in the aggregate, a material adverse effect on its business.</font></div></div>
CY2016 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">USE OF ESTIMATES</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of consolidated financial statements in conformity with generally accepted accounting principles (&#8220;GAAP&#8221;) in the United States requires management to make estimates and assumptions that affect the amounts of assets, liabilities, revenue, expenses, comprehensive income and accumulated other comprehensive loss during the reporting period. The Company evaluates its estimates on an ongoing basis using historical experience and other factors, including the current economic environment. Significant judgment is required in determining the reserves for and fair value of items such as allowance for doubtful accounts, overall fair value assessments of assets and liabilities, particularly those classified as Level 2 or Level 3 in the fair value hierarchy, inventory, intangible assets associated with business combinations, share-based compensation, loss contingencies, and income taxes. In addition, significant judgment is required in determining whether a potential indicator of impairment of long-lived assets exists and in estimating future cash flows for any necessary impairment testing. Actual results could differ significantly from these estimates.</font></div></div>

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