2016 Q3 Form 10-K Financial Statement

#000000412717000033 Filed on November 13, 2017

View on sec.gov

Income Statement

Concept 2016 Q3 2016 Q2 2016 Q1
Revenue $835.4M $775.1M $926.8M
YoY Change 3.14% 1.71% 15.06%
Cost Of Revenue $373.4M $384.7M $454.7M
YoY Change -10.43% -6.15% 5.13%
Gross Profit $424.4M $390.4M $472.1M
YoY Change 7.96% 10.85% 26.57%
Gross Profit Margin 50.8% 50.37% 50.94%
Selling, General & Admin $46.90M $44.00M $51.70M
YoY Change -3.5% -7.17% 7.93%
% of Gross Profit 11.05% 11.27% 10.95%
Research & Development $77.90M $79.80M $81.50M
YoY Change 1.43% 5.7% 18.98%
% of Gross Profit 18.36% 20.44% 17.26%
Depreciation & Amortization $64.60M $62.10M $51.50M
YoY Change 28.43% 31.85% 44.26%
% of Gross Profit 15.22% 15.91% 10.91%
Operating Expenses $139.7M $132.7M $141.6M
YoY Change 4.02% 0.3% 12.2%
Operating Profit $238.6M $257.7M $330.5M
YoY Change -7.81% 17.19% 33.91%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net -$2.400M -$2.600M -$800.0K
YoY Change -500.0% -533.33% -214.29%
Pretax Income $236.2M $255.1M $418.2M
YoY Change -8.94% 15.69% 68.97%
Income Tax $51.20M $47.00M $62.90M
% Of Pretax Income 21.68% 18.42% 15.04%
Net Earnings $246.8M $208.1M $355.3M
YoY Change 19.0% 24.98% 82.02%
Net Earnings / Revenue 29.54% 26.85% 38.34%
Basic Earnings Per Share $1.33 $1.09 $1.87
Diluted Earnings Per Share $1.31 $1.08 $1.82
COMMON SHARES
Basic Shares Outstanding 188.7M shares 190.2M shares 190.4M shares
Diluted Shares Outstanding 191.7M shares 193.3M shares 194.7M shares

Balance Sheet

Concept 2016 Q3 2016 Q2 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $973.7M $1.178B $1.233B
YoY Change -11.96% 11.7% 17.46%
Cash & Equivalents $1.084B $1.178B $1.233B
Short-Term Investments
Other Short-Term Assets $77.70M $77.30M $52.20M
YoY Change 34.66% 8.26% 113.93%
Inventory $424.0M $333.7M $276.4M
Prepaid Expenses
Receivables $570.0M $538.5M $527.6M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.002B $2.127B $2.115B
YoY Change 10.12% 26.69% 32.97%
LONG-TERM ASSETS
Property, Plant & Equipment $806.3M $837.7M $847.9M
YoY Change 11.74% 27.74% 38.91%
Goodwill $873.3M $856.7M $856.7M
YoY Change 2.18% 0.67% 0.67%
Intangibles $67.00M $37.00M $36.60M
YoY Change 25.7% -36.43% -44.96%
Long-Term Investments
YoY Change
Other Assets $52.60M $43.20M $20.30M
YoY Change 248.34% 193.88% 40.0%
Total Long-Term Assets $1.853B $1.831B $1.816B
YoY Change 9.0% 12.05% 13.44%
TOTAL ASSETS
Total Short-Term Assets $2.002B $2.127B $2.115B
Total Long-Term Assets $1.853B $1.831B $1.816B
Total Assets $3.855B $3.958B $3.931B
YoY Change 9.58% 19.47% 23.17%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $110.4M $180.7M $191.8M
YoY Change -51.62% -21.77% -9.1%
Accrued Expenses $59.60M $54.60M $57.40M
YoY Change -22.9% -5.54% 5.13%
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 $210.2M $324.7M $367.9M
YoY Change -34.11% 8.74% 10.51%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $32.00M $30.40M $24.60M
YoY Change -68.57% -70.34% -76.05%
Total Long-Term Liabilities $32.00M $30.40M $24.60M
YoY Change -68.57% -70.34% -76.05%
TOTAL LIABILITIES
Total Short-Term Liabilities $210.2M $324.7M $367.9M
Total Long-Term Liabilities $32.00M $30.40M $24.60M
Total Liabilities $314.0M $414.9M $447.9M
YoY Change -34.08% -7.74% -6.86%
SHAREHOLDERS EQUITY
Retained Earnings $2.264B $1.934B $1.775B
YoY Change 75.53% 74.68% 83.85%
Common Stock $2.732B $2.670B $2.633B
YoY Change 9.59% 9.14% 10.28%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.444B $1.052B $916.5M
YoY Change 96.98% 54.2% 44.6%
Treasury Stock Shares
Shareholders Equity $3.541B $3.543B $3.483B
YoY Change
Total Liabilities & Shareholders Equity $3.855B $3.958B $3.931B
YoY Change 9.58% 19.47% 23.17%

Cashflow Statement

Concept 2016 Q3 2016 Q2 2016 Q1
OPERATING ACTIVITIES
Net Income $246.8M $208.1M $355.3M
YoY Change 19.0% 24.98% 82.02%
Depreciation, Depletion And Amortization $64.60M $62.10M $51.50M
YoY Change 28.43% 31.85% 44.26%
Cash From Operating Activities $140.9M $154.5M $345.3M
YoY Change -36.5% -0.32% -9.89%
INVESTING ACTIVITIES
Capital Expenditures -$57.20M -$37.40M -$79.50M
YoY Change -47.09% -55.48% -8.83%
Acquisitions $0.00
YoY Change
Other Investing Activities -$55.00M $0.00
YoY Change 801.64% -100.0%
Cash From Investing Activities -$112.2M -$37.40M -$79.50M
YoY Change -1.75% -63.37% -8.83%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -232.5M -172.8M -76.20M
YoY Change 315.92% 255.56% 46.82%
NET CHANGE
Cash From Operating Activities 140.9M 154.5M 345.3M
Cash From Investing Activities -112.2M -37.40M -79.50M
Cash From Financing Activities -232.5M -172.8M -76.20M
Net Change In Cash -203.8M -55.70M 189.6M
YoY Change -493.44% -1395.35% -22.33%
FREE CASH FLOW
Cash From Operating Activities $140.9M $154.5M $345.3M
Capital Expenditures -$57.20M -$37.40M -$79.50M
Free Cash Flow $198.1M $191.9M $424.8M
YoY Change -39.97% -19.71% -9.69%

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6200000 USD
CY2017Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Returns And Allowances
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReturnsAndAllowances
5200000 USD
CY2016Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
79100000 USD
CY2016Q3 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
800000 USD
CY2017Q3 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
900000 USD
CY2016Q3 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
16500000 USD
CY2017Q3 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
24800000 USD
CY2016Q3 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
19000000 USD
CY2017Q3 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
17000000 USD
CY2016Q3 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
11400000 USD
CY2017Q3 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
11500000 USD
CY2016Q3 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
-7600000 USD
CY2017Q3 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
-5500000 USD
CY2017 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.04
CY2015 us-gaap Depreciation
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162300000 USD
CY2016 us-gaap Depreciation
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214400000 USD
CY2017 us-gaap Depreciation
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227200000 USD
CY2015 us-gaap Dividends
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124000000 USD
CY2016 us-gaap Dividends
Dividends
200800000 USD
CY2017 us-gaap Dividends
Dividends
214200000 USD
CY2015 us-gaap Earnings Per Share Basic
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4.21
CY2016Q1 us-gaap Earnings Per Share Basic
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1.87
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EarningsPerShareBasic
1.09
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.98
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.33
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.27
CY2016Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.39
CY2017Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.22
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.34
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.53
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.48
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EarningsPerShareDiluted
4.10
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.82
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.08
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.97
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.31
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.18
CY2016Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.38
CY2017Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.20
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.32
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.51
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.41
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2016Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
42300000 USD
CY2017Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
68100000 USD
CY2015 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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2300000 USD
CY2016 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
3700000 USD
CY2017 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
4000000 USD
CY2015 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
29300000 USD
CY2016 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
22500000 USD
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
25100000 USD
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
57300000 USD
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
43700000 USD
CY2017 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
40800000 USD
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
57300000 USD
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
43700000 USD
CY2017 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
40800000 USD
CY2017Q3 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0 USD
CY2017Q3 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
0 USD
CY2017Q3 us-gaap Fair Value Liabilities Level1 To Level2 Transfers Amount
FairValueLiabilitiesLevel1ToLevel2TransfersAmount
0 USD
CY2017Q3 us-gaap Fair Value Liabilities Level2 To Level1 Transfers Amount
FairValueLiabilitiesLevel2ToLevel1TransfersAmount
0 USD
CY2017 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
0 USD
CY2017 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
0 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
5500000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
19800000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
500000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
8500000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
15400000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
18100000 USD
CY2015 us-gaap Fiscal Period Duration
FiscalPeriodDuration
P364D
CY2016 us-gaap Fiscal Period Duration
FiscalPeriodDuration
P364D
CY2017 us-gaap Fiscal Period Duration
FiscalPeriodDuration
P364D
CY2015 us-gaap Gain Loss On Contract Termination
GainLossOnContractTermination
0 USD
CY2016 us-gaap Gain Loss On Contract Termination
GainLossOnContractTermination
88500000 USD
CY2017 us-gaap Gain Loss On Contract Termination
GainLossOnContractTermination
0 USD
CY2015Q4 us-gaap Goodwill
Goodwill
856700000 USD
CY2016Q3 us-gaap Goodwill
Goodwill
873300000 USD
CY2017Q3 us-gaap Goodwill
Goodwill
883000000 USD
CY2016 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
16600000 USD
CY2017 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
9700000 USD
CY2016 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2017 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2016 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
0 USD
CY2017 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
0 USD
CY2015 us-gaap Gross Profit
GrossProfit
1554500000 USD
CY2016Q1 us-gaap Gross Profit
GrossProfit
472100000 USD
CY2016Q2 us-gaap Gross Profit
GrossProfit
390400000 USD
CY2016Q3 us-gaap Gross Profit
GrossProfit
378300000 USD
CY2016Q3 us-gaap Gross Profit
GrossProfit
424400000 USD
CY2016 us-gaap Gross Profit
GrossProfit
1665200000 USD
CY2016Q4 us-gaap Gross Profit
GrossProfit
463900000 USD
CY2017Q1 us-gaap Gross Profit
GrossProfit
425400000 USD
CY2017Q2 us-gaap Gross Profit
GrossProfit
453600000 USD
CY2017Q3 us-gaap Gross Profit
GrossProfit
498900000 USD
CY2017 us-gaap Gross Profit
GrossProfit
1841800000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
602100000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
697500000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
681200000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
421500000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
503100000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
575800000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1023600000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1200600000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1257000000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
225300000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
205400000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
246800000 USD
CY2016 us-gaap Income Tax Holiday Aggregate Dollar Amount
IncomeTaxHolidayAggregateDollarAmount
30800000 USD
CY2017 us-gaap Income Tax Holiday Aggregate Dollar Amount
IncomeTaxHolidayAggregateDollarAmount
37400000 USD
CY2016 us-gaap Income Tax Holiday Income Tax Benefits Per Share
IncomeTaxHolidayIncomeTaxBenefitsPerShare
0.16
CY2017 us-gaap Income Tax Holiday Income Tax Benefits Per Share
IncomeTaxHolidayIncomeTaxBenefitsPerShare
0.20
CY2017 us-gaap Income Tax Holiday Termination Date
IncomeTaxHolidayTerminationDate
2020-09-30
CY2015 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
4400000 USD
CY2016 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
13900000 USD
CY2017 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
11800000 USD
CY2015 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
19700000 USD
CY2016 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
19100000 USD
CY2017 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
19800000 USD
CY2015 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-120900000 USD
CY2016 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-164100000 USD
CY2017 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-179400000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
358300000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
420200000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
439900000 USD
CY2015 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-7300000 USD
CY2016 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-9300000 USD
CY2017 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-2000000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
25500000 USD
CY2016 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
18900000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
12600000 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
CY2017 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
16300000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Settlements Domestic
IncomeTaxReconciliationTaxSettlementsDomestic
0 USD
CY2016 us-gaap Income Tax Reconciliation Tax Settlements Domestic
IncomeTaxReconciliationTaxSettlementsDomestic
-21400000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Settlements Domestic
IncomeTaxReconciliationTaxSettlementsDomestic
0 USD
CY2015 us-gaap Income Taxes Paid
IncomeTaxesPaid
126100000 USD
CY2016 us-gaap Income Taxes Paid
IncomeTaxesPaid
165900000 USD
CY2017 us-gaap Income Taxes Paid
IncomeTaxesPaid
163200000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
90500000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-181500000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
147800000 USD
CY2015 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-3600000 USD
CY2016 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
147300000 USD
CY2017 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
69200000 USD
CY2015 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
39200000 USD
CY2016 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
20400000 USD
CY2017 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-3300000 USD
CY2015 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
106000000 USD
CY2016 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
27900000 USD
CY2017 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
96300000 USD
CY2015 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
222200000 USD
CY2016 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-121400000 USD
CY2017 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
37100000 USD
CY2015 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
5400000 shares
CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3400000 shares
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2400000 shares
CY2016Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
213900000 USD
CY2017Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
242400000 USD
CY2016Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
67000000 USD
CY2017Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
67800000 USD
CY2016Q3 us-gaap Inventory Finished Goods Net Of Reserves
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140400000 USD
CY2017Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
123000000 USD
CY2016Q3 us-gaap Inventory Net
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424000000 USD
CY2017Q3 us-gaap Inventory Net
InventoryNet
493500000 USD
CY2016Q3 us-gaap Inventory Raw Materials Net Of Reserves
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18500000 USD
CY2017Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
24600000 USD
CY2016Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
255500000 USD
CY2017Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
330600000 USD
CY2015 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
16500000 USD
CY2016 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
19500000 USD
CY2017 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
20600000 USD
CY2016Q3 us-gaap Liabilities
Liabilities
314000000 USD
CY2017Q3 us-gaap Liabilities
Liabilities
507900000 USD
CY2016Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3855400000 USD
CY2017Q3 us-gaap Liabilities Current
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387900000 USD
CY2017Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4573600000 USD
CY2016Q3 us-gaap Liabilities Current
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210200000 USD
CY2016Q3 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
71800000 USD
CY2017Q3 us-gaap Liability For Uncertain Tax Positions Noncurrent
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92900000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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-300300000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-804600000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-612400000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-454700000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-250900000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-325900000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
992800000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
1095700000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
1471300000 USD
CY2015 us-gaap Net Income Loss
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798300000 USD
CY2016Q1 us-gaap Net Income Loss
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355300000 USD
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
208100000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
185000000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
246800000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
995200000 USD
CY2016Q4 us-gaap Net Income Loss
NetIncomeLoss
257800000 USD
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
224900000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
246200000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
281300000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
1010200000 USD
CY2015 us-gaap Operating Expenses
OperatingExpenses
531400000 USD
CY2016 us-gaap Operating Expenses
OperatingExpenses
546500000 USD
CY2017 us-gaap Operating Expenses
OperatingExpenses
588000000 USD
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
1023100000 USD
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
1118700000 USD
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
1253800000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
84600000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
21200000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
3700000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
11700000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
15700000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
19100000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
13200000 USD
CY2017Q3 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
8800000 USD
CY2017 us-gaap Operating Loss Carryforwards Expiration Date
OperatingLossCarryforwardsExpirationDate
2035-12-31
CY2016Q3 us-gaap Other Assets Current
OtherAssetsCurrent
77700000 USD
CY2017Q3 us-gaap Other Assets Current
OtherAssetsCurrent
68700000 USD
CY2016Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
52600000 USD
CY2017Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
40300000 USD
CY2015 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
0 USD
CY2016 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
0 USD
CY2017 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
900000 USD
CY2015 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
3100000 USD
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
900000 USD
CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-800000 USD
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3300000 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2700000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2400000 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
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
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25000000 shares
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57000000 USD
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CY2015 us-gaap Repayments Of Other Debt
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CY2017 us-gaap Repayments Of Other Debt
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5500000 USD
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303200000 USD
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400000 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
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52.03
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
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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
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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
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CY2017 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
72.84
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
3600000 shares
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2900000 shares
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
50.25
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65.50
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1700000 shares
CY2017 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
44.09
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
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85300000 shares
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ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
15500000 shares
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1400000 shares
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
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35.00
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
60.60
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
200000 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
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200000 shares
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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
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
23.25
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
152800000 USD
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4800000 shares
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3000000 shares
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
41.42
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
50.36
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
29.13
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
77.58
CY2017Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
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95600000 USD
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SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y7M
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y7M
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16600000 USD
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
21900000 USD
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
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19300000 USD
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1800000 shares
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500000000 USD
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174100000 USD
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2600000 USD
CY2017 us-gaap Tax Adjustments Settlements And Unusual Provisions
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1200000 USD
CY2016 us-gaap Treasury Stock Acquired Average Cost Per Share
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65.70
CY2017 us-gaap Treasury Stock Acquired Average Cost Per Share
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92.97
CY2016 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
8000000 shares
CY2017 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
4700000 shares
CY2016Q3 us-gaap Treasury Stock Value
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1443500000 USD
CY2017Q3 us-gaap Treasury Stock Value
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1925000000 USD
CY2015 us-gaap Treasury Stock Value Acquired Par Value Method
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237300000 USD
CY2016 us-gaap Treasury Stock Value Acquired Par Value Method
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525600000 USD
CY2017 us-gaap Treasury Stock Value Acquired Par Value Method
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432300000 USD
CY2017Q3 us-gaap Undistributed Earnings Of Foreign Subsidiaries
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2260400000 USD
CY2016Q3 us-gaap Unrecognized Tax Benefits
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79700000 USD
CY2017Q3 us-gaap Unrecognized Tax Benefits
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90400000 USD
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900000 USD
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2600000 USD
CY2017Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
2600000 USD
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14500000 USD
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300000 USD
CY2017Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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72900000 USD
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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194900000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
192100000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
186700000 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
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
184300000 shares
CY2017 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 2017, 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 29, 2017, September 30, 2016 and October 2, 2015, respectively. </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>
CY2017 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:justify;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:justify;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;">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:justify;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;">The Company monitors the status of legal proceedings and other contingencies on an ongoing basis to ensure loss contingencies are recognized and/or disclosed in its financial statements and footnotes. The Company has recorded an immaterial loss contingency to selling, general and administrative expense. The Company does not believe there are any 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>
CY2017 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 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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