2019 Form 10-K Financial Statement

#000009602119000093 Filed on August 26, 2019

View on sec.gov

Income Statement

Concept 2019 2018 Q2 2018 Q1
Revenue $60.11B $15.32B $14.35B
YoY Change 2.36% 13.25%
Cost Of Revenue $48.70B $12.40B $11.67B
YoY Change 2.23% 12.82%
Gross Profit $11.41B $2.917B $2.676B
YoY Change 2.92% 15.1%
Gross Profit Margin 18.98% 19.04% 18.65%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $656.6M $201.8M $193.4M
YoY Change 6.8% -7.56%
% of Gross Profit 5.76% 6.92% 7.23%
Operating Expenses $9.079B $2.233B $2.193B
YoY Change 3.51% 6.42%
Operating Profit $2.330B $683.9M $482.2M
YoY Change 0.7% 56.88%
Interest Expense -$360.0M -$92.00M -$143.0M
YoY Change -8.86% 13.58%
% of Operating Profit -15.45% -13.45% -29.66%
Other Income/Expense, Net $36.11M $1.688M $18.83M
YoY Change -4.1% -64.94%
Pretax Income $2.006B $593.2M $364.9M
YoY Change 2.54% 64.87%
Income Tax $331.6M $144.2M $34.80M
% Of Pretax Income 16.53% 24.32% 9.54%
Net Earnings $1.674B $449.0M $330.0M
YoY Change 16.98% 88.66%
Net Earnings / Revenue 2.78% 2.93% 2.3%
Basic Earnings Per Share $3.24 $0.86 $0.63
Diluted Earnings Per Share $3.20 $0.85 $0.63
COMMON SHARES
Basic Shares Outstanding 516.9M shares 521.0M shares 521.8M shares
Diluted Shares Outstanding 523.4M shares 528.0M shares

Balance Sheet

Concept 2019 2018 Q2 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $513.0M $552.0M $902.0M
YoY Change -7.07% -35.44%
Cash & Equivalents $513.0M $552.3M $901.6M
Short-Term Investments
Other Short-Term Assets $210.0M $188.0M $231.0M
YoY Change 11.7% 35.25%
Inventory $3.216B $3.125B $3.260B
Prepaid Expenses
Receivables $4.182B $4.074B $4.228B
Other Receivables $19.00M $64.00M $95.00M
Total Short-Term Assets $8.142B $8.003B $8.716B
YoY Change 1.74% -3.87%
LONG-TERM ASSETS
Property, Plant & Equipment $4.502B $4.522B $4.392B
YoY Change -0.44% 5.85%
Goodwill $3.955B $4.066B
YoY Change 4.98%
Intangibles $979.8M $1.056B
YoY Change -9.77%
Long-Term Investments $168.0M
YoY Change 0.0%
Other Assets $401.0M $526.3M $394.6M
YoY Change -9.28% 88.22%
Total Long-Term Assets $9.825B $10.07B $5.521B
YoY Change -2.4% 89.1%
TOTAL ASSETS
Total Short-Term Assets $8.142B $8.003B $8.716B
Total Long-Term Assets $9.825B $10.07B $5.521B
Total Assets $17.97B $18.07B $18.63B
YoY Change -0.57% 0.83%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.315B $4.136B $4.236B
YoY Change 4.33% 7.45%
Accrued Expenses $1.730B $1.609B $1.516B
YoY Change 7.52% 21.09%
Deferred Revenue
YoY Change
Short-Term Debt $4.000M $4.176M $6.606M
YoY Change 0.0% -83.08%
Long-Term Debt Due $37.00M $782.0M $288.0M
YoY Change -95.27% 48.39%
Total Short-Term Liabilities $6.103B $6.589B $6.046B
YoY Change -7.38% 14.99%
LONG-TERM LIABILITIES
Long-Term Debt $8.122B $6.957B $8.219B
YoY Change 16.75% -13.33%
Other Long-Term Liabilities $1.031B $1.077B $1.199B
YoY Change -37.93% -31.33%
Total Long-Term Liabilities $9.153B $8.937B $10.20B
YoY Change 6.21% -8.62%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.103B $6.589B $6.046B
Total Long-Term Liabilities $9.153B $8.937B $10.20B
Total Liabilities $15.46B $15.53B $16.24B
YoY Change -0.64% 0.1%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $2.149B $2.123B
YoY Change 3.65%
Preferred Stock
YoY Change
Treasury Stock (at cost) $8.581B $8.547B
YoY Change 13.59%
Treasury Stock Shares 244.5M shares 244.4M shares
Shareholders Equity $2.503B $2.507B $2.351B
YoY Change
Total Liabilities & Shareholders Equity $17.97B $18.07B $18.63B
YoY Change -0.57% 0.83%

Cashflow Statement

Concept 2019 2018 Q2 2018 Q1
OPERATING ACTIVITIES
Net Income $1.674B $449.0M $330.0M
YoY Change 16.98% 88.66%
Depreciation, Depletion And Amortization $656.6M $201.8M $193.4M
YoY Change 6.8% -7.56%
Cash From Operating Activities $2.411B $1.034B $191.0M
YoY Change 11.87% 116.63%
INVESTING ACTIVITIES
Capital Expenditures -$692.4M -$315.2M -$114.0M
YoY Change 0.67% 146.06%
Acquisitions $106.6M
YoY Change -57.03%
Other Investing Activities -$1.772M -$39.20M -$42.90M
YoY Change -45.51% -629.73%
Cash From Investing Activities -$742.9M -$354.4M -$157.0M
YoY Change -18.4% 193.86%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.022B
YoY Change 4.41%
Debt Paid & Issued, Net $0.00
YoY Change -100.0%
Cash From Financing Activities -$1.837B -998.5M -102.1M
YoY Change 30.26% 253.08%
NET CHANGE
Cash From Operating Activities $2.411B 1.034B 191.0M
Cash From Investing Activities -$742.9M -354.4M -157.0M
Cash From Financing Activities -$1.837B -998.5M -102.1M
Net Change In Cash -$183.6M -318.5M -68.10M
YoY Change 19.49% -529.82%
FREE CASH FLOW
Cash From Operating Activities $2.411B $1.034B $191.0M
Capital Expenditures -$692.4M -$315.2M -$114.0M
Free Cash Flow $3.104B $1.350B $305.0M
YoY Change 9.16% 122.85%

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-11243000 USD
CY2017 us-gaap Other Comprehensive Income Loss Derivative Excluded Component Increase Decrease Adjustments After Tax
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-7082000 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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-32969000 USD
CY2017 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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97283000 USD
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700886000 USD
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1886121000 USD
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39991000 USD
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291022000 USD
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1430766000 USD
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0 USD
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-22987000 USD
CY2018 us-gaap Other Comprehensive Income Loss Derivative Excluded Component Increase Decrease Adjustments After Tax
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CY2018 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
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-32015000 USD
CY2018 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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52511000 USD
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956502000 USD
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31072000 USD
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2506957000 USD
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
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1674271000 USD
CY2019 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
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-119126000 USD
CY2019 us-gaap Other Comprehensive Income Loss Derivative Excluded Component Increase Decrease Adjustments After Tax
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-8620000 USD
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43839000 USD
CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
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-32516000 USD
CY2019 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
-155074000 USD
CY2019 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
2827000 USD
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1021881000 USD
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1674271000 USD
CY2018 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1430766000 USD
CY2017 us-gaap Net Income Loss Available To Common Stockholders Basic
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1142503000 USD
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104904000 USD
CY2018 us-gaap Share Based Compensation
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CY2019 syy Depreciationand Amortization Excluding Amortizationof Financing Costs
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DepreciationandAmortizationExcludingAmortizationofFinancingCosts
765498000 USD
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CY2019 us-gaap Amortization Of Financing Costs
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21382000 USD
CY2018 us-gaap Amortization Of Financing Costs
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28474000 USD
CY2017 us-gaap Amortization Of Financing Costs
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31852000 USD
CY2019 us-gaap Gain Loss On Sale Of Business
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CY2018 us-gaap Gain Loss On Sale Of Business
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0 USD
CY2017 us-gaap Gain Loss On Sale Of Business
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0 USD
CY2019 us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
CY2018 us-gaap Gains Losses On Extinguishment Of Debt
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-53104000 USD
CY2017 us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
CY2019 us-gaap Increase Decrease In Deferred Income Taxes
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126719000 USD
CY2018 us-gaap Increase Decrease In Deferred Income Taxes
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CY2017 us-gaap Increase Decrease In Deferred Income Taxes
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51846000 USD
CY2019 us-gaap Provision For Doubtful Accounts
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62946000 USD
CY2018 us-gaap Provision For Doubtful Accounts
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21448000 USD
CY2017 us-gaap Provision For Doubtful Accounts
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20672000 USD
CY2019 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
3172000 USD
CY2018 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-3986000 USD
CY2017 us-gaap Other Noncash Income Expense
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-6704000 USD
CY2019 us-gaap Increase Decrease In Accounts And Notes Receivable
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203458000 USD
CY2018 us-gaap Increase Decrease In Accounts And Notes Receivable
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37457000 USD
CY2017 us-gaap Increase Decrease In Accounts And Notes Receivable
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-20452000 USD
CY2019 us-gaap Increase Decrease In Finished Goods And Work In Process Inventories
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114667000 USD
CY2018 us-gaap Increase Decrease In Finished Goods And Work In Process Inventories
IncreaseDecreaseInFinishedGoodsAndWorkInProcessInventories
89737000 USD
CY2017 us-gaap Increase Decrease In Finished Goods And Work In Process Inventories
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113647000 USD
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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18535000 USD
CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
19643000 USD
CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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-8158000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable
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246420000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
76897000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
322775000 USD
CY2019 us-gaap Increase Decrease In Accrued Liabilities
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137517000 USD
CY2018 us-gaap Increase Decrease In Accrued Liabilities
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47105000 USD
CY2017 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-4476000 USD
CY2019 us-gaap Increase Decrease In Accrued Income Taxes Payable
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4929000 USD
CY2018 us-gaap Increase Decrease In Accrued Income Taxes Payable
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-10652000 USD
CY2017 us-gaap Increase Decrease In Accrued Income Taxes Payable
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-74590000 USD
CY2019 us-gaap Increase Decrease In Other Noncurrent Assets
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21346000 USD
CY2018 us-gaap Increase Decrease In Other Noncurrent Assets
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81104000 USD
CY2017 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
43236000 USD
CY2019 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-50891000 USD
CY2018 us-gaap Increase Decrease In Other Noncurrent Liabilities
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-315054000 USD
CY2017 us-gaap Increase Decrease In Other Noncurrent Liabilities
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-18629000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
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2411207000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
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2155380000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
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2232567000 USD
CY2019 us-gaap Payments To Acquire Productive Assets
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692391000 USD
CY2018 us-gaap Payments To Acquire Productive Assets
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687815000 USD
CY2017 us-gaap Payments To Acquire Productive Assets
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686378000 USD
CY2019 us-gaap Proceeds From Sale Of Property Plant And Equipment
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20941000 USD
CY2018 us-gaap Proceeds From Sale Of Property Plant And Equipment
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22255000 USD
CY2017 us-gaap Proceeds From Sale Of Property Plant And Equipment
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23715000 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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106616000 USD
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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248105000 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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2921798000 USD
CY2019 us-gaap Proceeds From Divestiture Of Businesses
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149879000 USD
CY2018 us-gaap Proceeds From Divestiture Of Businesses
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0 USD
CY2017 us-gaap Proceeds From Divestiture Of Businesses
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0 USD
CY2019 us-gaap Payments To Acquire Available For Sale Securities Debt
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116440000 USD
CY2018 us-gaap Payments To Acquire Available For Sale Securities Debt
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0 USD
CY2017 us-gaap Payments To Acquire Available For Sale Securities Debt
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0 USD
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CY2018 us-gaap Payments For Proceeds From Other Investing Activities
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-3252000 USD
CY2017 us-gaap Payments For Proceeds From Other Investing Activities
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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CY2018 us-gaap Net Cash Provided By Used In Investing Activities
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CY2017 us-gaap Net Cash Provided By Used In Investing Activities
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CY2019 us-gaap Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less
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132100000 USD
CY2018 us-gaap Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less
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-119700000 USD
CY2017 us-gaap Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less
ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess
119700000 USD
CY2019 us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
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388180000 USD
CY2018 us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
1000599000 USD
CY2017 us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
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753834000 USD
CY2019 us-gaap Repayments Of Long Term Debt And Capital Securities
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790250000 USD
CY2018 us-gaap Repayments Of Long Term Debt And Capital Securities
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552036000 USD
CY2017 us-gaap Repayments Of Long Term Debt And Capital Securities
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143664000 USD
CY2019 us-gaap Repayments Of Long Term Debt
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0 USD
CY2018 us-gaap Repayments Of Long Term Debt
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281762000 USD
CY2017 us-gaap Repayments Of Long Term Debt
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0 USD
CY2019 us-gaap Proceeds From Stock Plans
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253135000 USD
CY2018 us-gaap Proceeds From Stock Plans
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268751000 USD
CY2017 us-gaap Proceeds From Stock Plans
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204805000 USD
CY2019 us-gaap Payments For Repurchase Of Common Stock
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CY2018 us-gaap Payments For Repurchase Of Common Stock
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CY2017 us-gaap Payments For Repurchase Of Common Stock
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CY2019 us-gaap Payments Of Dividends Common Stock
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775430000 USD
CY2018 us-gaap Payments Of Dividends Common Stock
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CY2017 us-gaap Payments Of Dividends Common Stock
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CY2019 us-gaap Proceeds From Payments For Other Financing Activities
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CY2018 us-gaap Proceeds From Payments For Other Financing Activities
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-25262000 USD
CY2017 us-gaap Proceeds From Payments For Other Financing Activities
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-32494000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
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-1837274000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
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-1410469000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
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-1682587000 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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-14677000 USD
CY2018 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11844000 USD
CY2017 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-22104000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-183599000 USD
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-153658000 USD
CY2017 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-3049798000 USD
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
715844000 USD
CY2017Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
869502000 USD
CY2016Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3919300000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
532245000 USD
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
715844000 USD
CY2017Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
869502000 USD
CY2019 us-gaap Interest Paid Net
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346670000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
301672000 USD
CY2017 us-gaap Interest Paid Net
InterestPaidNet
285025000 USD
CY2019 us-gaap Income Taxes Paid Net
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531103000 USD
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
268384000 USD
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
761384000 USD
CY2019 syy Number Of Customers
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650000 customer
CY2019 syy Number Of Distribution Facilities
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325 facility
CY2019 us-gaap Fiscal Period
FiscalPeriod
<div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Sysco’s fiscal year ends on the Saturday nearest to June 30</span><span style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">th</sup></span><span style="font-family:inherit;font-size:10pt;">. This resulted in a </span><span style="font-family:inherit;font-size:10pt;">52</span><span style="font-family:inherit;font-size:10pt;">-week year ended </span><span style="font-family:inherit;font-size:10pt;">June 29, 2019</span><span style="font-family:inherit;font-size:10pt;"> for fiscal </span><span style="font-family:inherit;font-size:10pt;">2019</span><span style="font-family:inherit;font-size:10pt;">, </span><span style="font-family:inherit;font-size:10pt;">June 30, 2018</span><span style="font-family:inherit;font-size:10pt;"> for fiscal </span><span style="font-family:inherit;font-size:10pt;">2018</span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;">July 1, 2017</span><span style="font-family:inherit;font-size:10pt;"> for fiscal </span><span style="font-family:inherit;font-size:10pt;">2017</span><span style="font-family:inherit;font-size:10pt;">.</span></div>
CY2019Q2 us-gaap Transfer Of Financial Assets Accounted For As Sales Cash Proceeds Received For Assets Derecognized Amount
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3900000000 USD
CY2019Q2 us-gaap Transfer Of Financial Assets Accounted For As Sales Amount Derecognized
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373800000 USD
CY2019Q2 syy Goodwill And Reporting Unit Impairment Aggregate Goodwill Threshold For Requiring Additional Analysis
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226000000.0 USD
CY2019Q2 us-gaap Cash Surrender Value Of Life Insurance
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168400000 USD
CY2018Q2 us-gaap Cash Surrender Value Of Life Insurance
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167900000 USD
CY2019Q2 us-gaap Contract With Customer Asset Net Current
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3900000000 USD
CY2018Q2 us-gaap Contract With Customer Asset Net Current
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3800000000 USD
CY2018Q2 us-gaap Restricted Cash And Cash Equivalents
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163519000 USD
CY2017Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
0 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
532245000 USD
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
715844000 USD
CY2019 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Reclassifications</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Prior year amounts have been reclassified to conform with the current year presentation.</span></div>
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
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513460000 USD
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
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552325000 USD
CY2017Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
869502000 USD
CY2019Q2 us-gaap Restricted Cash And Cash Equivalents
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18785000 USD
CY2017Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
869502000 USD
CY2019 us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<span style="font-weight:bold;">NEW ACCOUNTING STANDARDS</span><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">Leases</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In February 2016, the FASB issued ASU 2016-02, </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Leases (Topic 842)</span><span style="font-family:inherit;font-size:10pt;">, specifying the accounting for leases, which supersedes the leases requirements in Topic 840, Leases, and has issued subsequent amendments to Topic 842. The objective of Topic 842 is to establish the principles that lessees and lessors shall apply to report useful information to users of financial statements about the amount, timing and uncertainty of cash flows arising from a lease. The amended guidance requires the recognition of lease assets and lease liabilities on the balance sheet for those leases currently classified as operating leases. In addition, Topic 842 expands the disclosure requirements of lease arrangements. This guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018, which is fiscal 2020 for Sysco.</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">To assess the impact of the standard, the company has formed a cross-functional steering committee to review the amended guidance and subsequent clarifications in order to understand the potential impact the new standard could have on the company’s consolidated financial statements and disclosures, business processes, and internal controls. The company has substantially completed its assessment of the accounting required under Topic 842 and the estimated impact upon adoption. To facilitate the adoption of the provisions of the new standard, the company has implemented a third-party lease accounting software. The company adopted this standard on June 30, 2019, the first day of fiscal 2020. The company will elect the package of practical expedients permitted under the transition guidance within Topic 842, which, among other things, allows the company to carry forward historical </span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">lease classifications. The estimated impact of the adoption to the Sysco’s consolidated financial statements includes the recognition of right-of-use assets and liabilities of between </span><span style="font-family:inherit;font-size:10pt;"><span>$500 million</span></span><span style="font-family:inherit;font-size:10pt;"> to </span><span style="font-family:inherit;font-size:10pt;"><span>$600 million</span></span><span style="font-family:inherit;font-size:10pt;"> related to operating leases as of June 30, 2019.</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">Financial Instruments - Credit Losses</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In June 2016, the FASB issued ASU 2016-13, </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments</span><span style="font-family:inherit;font-size:10pt;">, which introduces a forward-looking approach, based on expected losses, to estimate credit losses on certain types of financial instruments, including trade receivables. The estimate of expected credit losses will require entities to incorporate considerations of historical information, current information and reasonable and supportable forecasts. This ASU also expands the disclosure requirements to enable users of financial statements to understand the entity’s assumptions, models and methods for estimating expected credit losses. This guidance is effective for fiscal years and interim periods within those fiscal years beginning after December 15, 2019, which is the first quarter of fiscal 2021 for Sysco, with early adoption permitted. The company is currently reviewing the provisions of the new standard.</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">Implementation Costs Incurred in a Cloud Computing Arrangement</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In August 2018, the FASB issued ASU 2018-15, </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract</span><span style="font-family:inherit;font-size:10pt;">, which aligns the accounting for implementation costs incurred in a cloud computing arrangement that is a service contract with the guidance on capitalizing costs associated with developing or obtaining internal-use software. The guidance amends Accounting Standards Codification (ASC) 350 to include in its scope implementation costs of a cloud computing arrangement that is a service contract and clarifies that a customer should apply ASC 350 to determine which implementation costs should be capitalized in such a cloud computing arrangement. This guidance is effective for fiscal years and interim periods within those fiscal years beginning after December 15, 2019, which is the first quarter of fiscal 2021 for Sysco, with early adoption permitted. The company is currently reviewing the provisions of the new standard.</span></div>
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0.169
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ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.175
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.169
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.028
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.020
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.014
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P7Y
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P7Y
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P7Y2M12D
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
18391610 shares
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
43.92
CY2019 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
5796853 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
40.88
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
215235 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
54.29
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
0 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
0
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
14989277 shares
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
50.36
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y18D
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
316212000 USD
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
9018881 shares
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
55.01
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P7Y8M15D
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
152389000 USD
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
5866374 shares
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
42.96
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P6Y3D
CY2019Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
162835000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
2609755 shares
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
4042415 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
4990396 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
11.70
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
7.08
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
6.05
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
14000000.0 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
17700000 USD
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
22100000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
104900000 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
93800000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
83900000 USD
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
21700000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
19400000 USD
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
30000000.0 USD
CY2019Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
116400000 USD
CY2019 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y10M2D
CY2019 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
253100000 USD
CY2018 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
268800000 USD
CY2017 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
204800000 USD
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
32400000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
38400000 USD
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
38900000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
1910549000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
1765793000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
1569073000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
95287000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
190431000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
197157000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2005836000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1956224000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1766230000 USD
CY2019 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
262940000 USD
CY2018 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
399254000 USD
CY2017 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
534266000 USD
CY2019 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
73835000 USD
CY2018 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
62670000 USD
CY2017 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
69913000 USD
CY2019 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
-5210000 USD
CY2018 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
63534000 USD
CY2017 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
19548000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
331565000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
525458000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
623727000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
458284000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
337550000 USD
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
675573000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-126719000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
187908000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-51846000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
331565000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
525458000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
623727000 USD
CY2019Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
274231000 USD
CY2018Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
226274000 USD
CY2019Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
157670000 USD
CY2018Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
115361000 USD
CY2019Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
39218000 USD
CY2018Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
34486000 USD
CY2019Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
29694000 USD
CY2018Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
29512000 USD
CY2019Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
17383000 USD
CY2018Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
13001000 USD
CY2019Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance
16496000 USD
CY2018Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance
0 USD
CY2019Q2 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
12139000 USD
CY2018Q2 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
14728000 USD
CY2019Q2 us-gaap Deferred Tax Assets Unrealized Currency Losses
DeferredTaxAssetsUnrealizedCurrencyLosses
1725000 USD
CY2018Q2 us-gaap Deferred Tax Assets Unrealized Currency Losses
DeferredTaxAssetsUnrealizedCurrencyLosses
15796000 USD
CY2019Q2 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
32641000 USD
CY2018Q2 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
33386000 USD
CY2019Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
581197000 USD
CY2018Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
482544000 USD
CY2019Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
127807000 USD
CY2018Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
123237000 USD
CY2019Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
453390000 USD
CY2018Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
359307000 USD
CY2019Q2 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
163123000 USD
CY2018Q2 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
180950000 USD
CY2019Q2 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
358847000 USD
CY2018Q2 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
373041000 USD
CY2019Q2 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
22892000 USD
CY2018Q2 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
40774000 USD
CY2019Q2 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
544862000 USD
CY2018Q2 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
594765000 USD
CY2019Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
91472000 USD
CY2018Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
235458000 USD
CY2019Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
127800000 USD
CY2018Q4 us-gaap Tax Cuts And Jobs Act Of2017 Transition Tax For Accumulated Foreign Earnings Income Tax Expense
TaxCutsAndJobsActOf2017TransitionTaxForAccumulatedForeignEarningsIncomeTaxExpense
15100000 USD
CY2018Q4 us-gaap Tax Cuts And Jobs Act Of2017 Change In Tax Rate Deferred Tax Asset Income Tax Expense
TaxCutsAndJobsActOf2017ChangeInTaxRateDeferredTaxAssetIncomeTaxExpense
3200000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.2100
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.2800
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.3500
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0335
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0248
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0261
CY2019 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.0142
CY2018 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.0007
CY2017 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.0281
CY2019 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
-0.0031
CY2018 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
-0.0022
CY2017 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
0.0001
CY2019 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.0207
CY2018 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.0266
CY2017 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
0
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.0464
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.0013
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.0062
CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.0095
CY2017 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.0050
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.1653
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.2685
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.3531
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.1653
CY2019 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
95100000 USD
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.2685
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.3531
CY2018Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
12195000 USD
CY2017Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
16278000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
20508000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
652000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
6086000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
4033000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
508000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
702000 USD
CY2019Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
26109000 USD
CY2018Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
12195000 USD
CY2019Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
4600000 USD
CY2018Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
8500000 USD
CY2019Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
24800000 USD
CY2019Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
26100000 USD
CY2018Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
9600000 USD
CY2018Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
12200000 USD
CY2019Q2 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
384800000 USD
CY2019 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
2330150000 USD
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
2314056000 USD
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
2054616000 USD
CY2019 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-360423000 USD
CY2018 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-395483000 USD
CY2017 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-302878000 USD
CY2019 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
36109000 USD
CY2018 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
37651000 USD
CY2017 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
14492000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2005836000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1956224000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1766230000 USD
CY2019 us-gaap Depreciation And Amortization
DepreciationAndAmortization
763935000 USD
CY2018 us-gaap Depreciation And Amortization
DepreciationAndAmortization
765498000 USD
CY2017 us-gaap Depreciation And Amortization
DepreciationAndAmortization
901992000 USD
CY2019 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
692391000 USD
CY2018 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
687815000 USD
CY2017 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
686378000 USD
CY2019Q2 us-gaap Assets
Assets
17966522000 USD
CY2018Q2 us-gaap Assets
Assets
18070404000 USD
CY2017Q3 us-gaap Assets
Assets
17756655000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
60113922000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
58727324000 USD
CY2017 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
55371139000 USD
CY2019Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4501705000 USD
CY2018Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4521660000 USD
CY2017Q3 us-gaap Property Plant And Equipment Net
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