2015 Q4 Form 10-K Financial Statement

#000081676117000010 Filed on February 27, 2017

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2015 Q2
Revenue $719.0M $606.0M $623.0M
YoY Change -5.52% -9.15% -7.84%
Cost Of Revenue $354.0M $201.0M $203.0M
YoY Change 5.36% 1.52% 1.5%
Gross Profit $365.0M $307.0M $327.0M
YoY Change -14.12% -12.29% -11.86%
Gross Profit Margin 50.76% 50.66% 52.49%
Selling, General & Admin $212.0M $179.0M $190.0M
YoY Change -0.47% -1.1% 1.06%
% of Gross Profit 58.08% 58.31% 58.1%
Research & Development $55.00M $51.00M $59.00M
YoY Change 1.85% 10.87% 18.0%
% of Gross Profit 15.07% 16.61% 18.04%
Depreciation & Amortization $41.00M $45.00M $42.00M
YoY Change 0.0% 2.27% -2.33%
% of Gross Profit 11.23% 14.66% 12.84%
Operating Expenses $267.0M $230.0M $249.0M
YoY Change 0.0% 1.32% 4.62%
Operating Profit -$40.00M $77.00M -$262.0M
YoY Change -125.32% -37.4% -296.99%
Interest Expense -$3.000M $3.000M $2.000M
YoY Change -300.0%
% of Operating Profit 3.9%
Other Income/Expense, Net $8.000M $33.00M $13.00M
YoY Change -900.0% -1400.0%
Pretax Income -$35.00M $110.0M -$249.0M
YoY Change -122.29% -10.57% -288.64%
Income Tax $14.00M $32.00M $16.00M
% Of Pretax Income 29.09%
Net Earnings -$49.00M $78.00M -$265.0M
YoY Change -141.53% -17.02% -376.04%
Net Earnings / Revenue -6.82% 12.87% -42.54%
Basic Earnings Per Share -$0.37 $0.56 -$1.87
Diluted Earnings Per Share -$0.37 $0.55 -$1.87
COMMON SHARES
Basic Shares Outstanding 133.0M shares 139.2M shares 141.9M shares
Diluted Shares Outstanding 141.4M shares 141.9M shares

Balance Sheet

Concept 2015 Q4 2015 Q3 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $839.0M $874.0M $921.0M
YoY Change 0.6% 3.07% -1.39%
Cash & Equivalents $839.0M $874.0M $921.0M
Short-Term Investments
Other Short-Term Assets $52.00M $102.0M $99.00M
YoY Change -35.8% 10.87% -3.88%
Inventory $49.00M $52.00M $46.00M
Prepaid Expenses
Receivables $580.0M $486.0M $511.0M
Other Receivables $6.000M $0.00 $0.00
Total Short-Term Assets $1.734B $1.514B $1.577B
YoY Change 10.31% 0.53% -3.67%
LONG-TERM ASSETS
Property, Plant & Equipment $143.0M $159.0M $160.0M
YoY Change -10.06% 1.27% 2.56%
Goodwill $380.0M $587.0M $590.0M
YoY Change -59.92% -38.73% -37.89%
Intangibles $22.00M $114.0M $113.0M
YoY Change -83.82% -12.31% -10.32%
Long-Term Investments
YoY Change
Other Assets $17.00M $21.00M $82.00M
YoY Change -82.65% -54.35% 74.47%
Total Long-Term Assets $793.0M $1.095B $1.158B
YoY Change -49.17% -27.58% -22.75%
TOTAL ASSETS
Total Short-Term Assets $1.734B $1.514B $1.577B
Total Long-Term Assets $793.0M $1.095B $1.158B
Total Assets $2.527B $2.609B $2.735B
YoY Change -19.32% -13.55% -12.79%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $96.00M $111.0M $103.0M
YoY Change -23.81% -5.93% -8.04%
Accrued Expenses $155.0M $124.0M $117.0M
YoY Change -6.06% -2.36% -6.4%
Deferred Revenue
YoY Change
Short-Term Debt $180.0M $110.0M $0.00
YoY Change -18.18%
Long-Term Debt Due $30.00M $23.00M $15.00M
YoY Change -43.4% -48.89%
Total Short-Term Liabilities $953.0M $838.0M $757.0M
YoY Change -4.22% 8.69% -10.52%
LONG-TERM LIABILITIES
Long-Term Debt $567.0M $577.0M $585.0M
YoY Change 190.77% 174.76% 160.0%
Other Long-Term Liabilities $26.00M $28.00M $28.00M
YoY Change -18.75% -12.5% -12.5%
Total Long-Term Liabilities $593.0M $605.0M $613.0M
YoY Change 161.23% 150.0% 138.52%
TOTAL LIABILITIES
Total Short-Term Liabilities $953.0M $838.0M $757.0M
Total Long-Term Liabilities $593.0M $605.0M $613.0M
Total Liabilities $1.678B $1.613B $1.549B
YoY Change 17.75% 37.16% 21.59%
SHAREHOLDERS EQUITY
Retained Earnings -$204.0M -$57.00M $114.0M
YoY Change -131.1% -102.5% -94.79%
Common Stock $1.129B $1.117B $1.099B
YoY Change 7.01% 8.13% 8.38%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $849.0M $996.0M $1.186B
YoY Change
Total Liabilities & Shareholders Equity $2.527B $2.609B $2.735B
YoY Change -19.32% -13.55% -12.79%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2015 Q2
OPERATING ACTIVITIES
Net Income -$49.00M $78.00M -$265.0M
YoY Change -141.53% -17.02% -376.04%
Depreciation, Depletion And Amortization $41.00M $45.00M $42.00M
YoY Change 0.0% 2.27% -2.33%
Cash From Operating Activities $31.00M $68.00M $80.00M
YoY Change -68.04% -33.33% -42.03%
INVESTING ACTIVITIES
Capital Expenditures -$26.00M -$35.00M -$27.00M
YoY Change -25.71% -2.78% 8.0%
Acquisitions
YoY Change
Other Investing Activities $8.000M $46.00M $14.00M
YoY Change -140.0% -209.52% -566.67%
Cash From Investing Activities -$18.00M $11.00M -$13.00M
YoY Change -67.27% -114.1% -53.57%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -44.00M -119.0M -31.00M
YoY Change -6.38% 20.2% -68.37%
NET CHANGE
Cash From Operating Activities 31.00M 68.00M 80.00M
Cash From Investing Activities -18.00M 11.00M -13.00M
Cash From Financing Activities -44.00M -119.0M -31.00M
Net Change In Cash -31.00M -40.00M 36.00M
YoY Change 520.0% -46.67% 200.0%
FREE CASH FLOW
Cash From Operating Activities $31.00M $68.00M $80.00M
Capital Expenditures -$26.00M -$35.00M -$27.00M
Free Cash Flow $57.00M $103.0M $107.0M
YoY Change -56.82% -25.36% -34.36%

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CY2016Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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CY2016Q4 us-gaap Assets
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CY2016Q4 us-gaap Commitments And Contingencies
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CY2016Q4 us-gaap Common Stock Par Or Stated Value Per Share
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CY2016Q4 us-gaap Common Stock Shares Authorized
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CY2016 us-gaap Comprehensive Income Net Of Tax
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CY2014 us-gaap Cost Of Goods Sold
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CY2015 us-gaap Cost Of Goods Sold
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CY2016 us-gaap Cost Of Goods Sold
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CY2015 us-gaap Cost Of Services
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CY2016 us-gaap Cost Of Services
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CY2015 us-gaap Costs And Expenses
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CY2016 us-gaap Costs And Expenses
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CY2014 us-gaap Current Federal Tax Expense Benefit
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CY2016Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
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CY2016Q4 us-gaap Defined Benefit Plan Weighted Average Asset Allocations
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CY2015 us-gaap Earnings Per Share Basic
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CY2016 us-gaap Earnings Per Share Diluted
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CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
CY2014 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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CY2015 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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CY2016 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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CY2014 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
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0.000
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CY2016 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
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0.089
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CY2015 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2014 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2015 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.005
CY2016 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.002
CY2015Q4 us-gaap Employee Related Liabilities Current
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120000000 USD
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139000000 USD
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11000000 USD
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CY2016 us-gaap Employee Service Share Based Compensation Cash Received From Exercise Of Stock Options
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18000000 USD
CY2014 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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16000000 USD
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17000000 USD
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13000000 USD
CY2014 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
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5000000 USD
CY2015 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
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3000000 USD
CY2016 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
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5000000 USD
CY2014 us-gaap Equity Method Investment Other Than Temporary Impairment
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9000000 USD
CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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2000000 USD
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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2000000 USD
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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2000000 USD
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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2000000 USD
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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7000000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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1000000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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3000000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Gross
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92000000 USD
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77000000 USD
CY2014 us-gaap Gain Loss On Investments
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CY2015 us-gaap Gain Loss On Investments
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57000000 USD
CY2016 us-gaap Gain Loss On Investments
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2000000 USD
CY2015Q4 us-gaap Goodwill
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380000000 USD
CY2016Q4 us-gaap Goodwill
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CY2016 us-gaap Goodwill Acquired During Period
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11000000 USD
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GoodwillAndIntangibleAssetImpairment
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CY2015 us-gaap Goodwill And Intangible Asset Impairment
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478000000 USD
CY2016Q1 us-gaap Goodwill And Intangible Asset Impairment
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76000000 USD
us-gaap Goodwill And Intangible Asset Impairment
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76000000 USD
CY2016 us-gaap Goodwill And Intangible Asset Impairment
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80000000 USD
CY2015 us-gaap Goodwill Impairment Loss
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CY2016Q1 us-gaap Goodwill Impairment Loss
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57000000 USD
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CY2015Q1 us-gaap Gross Profit
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CY2015Q2 us-gaap Gross Profit
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CY2015Q3 us-gaap Gross Profit
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CY2015Q4 us-gaap Gross Profit
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365000000 USD
CY2015 us-gaap Gross Profit
GrossProfit
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CY2016Q1 us-gaap Gross Profit
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269000000 USD
CY2016Q2 us-gaap Gross Profit
GrossProfit
310000000 USD
CY2016Q3 us-gaap Gross Profit
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294000000 USD
CY2016Q4 us-gaap Gross Profit
GrossProfit
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CY2016 us-gaap Gross Profit
GrossProfit
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CY2016Q4 us-gaap Guarantee Obligations Maximum Exposure
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4000000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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301000000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
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CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
93000000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
494000000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
221000000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
193000000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
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CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
128000000 USD
CY2014 us-gaap Income Tax Expense Benefit
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127000000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
70000000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
96000000 USD
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133000000 USD
CY2015 us-gaap Income Taxes Paid
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98000000 USD
CY2016 us-gaap Income Taxes Paid
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105000000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2015 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2016 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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11000000 USD
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CY2015 us-gaap Increase Decrease In Deferred Revenue
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24000000 USD
CY2016 us-gaap Increase Decrease In Deferred Revenue
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1000000 USD
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11000000 USD
CY2016 us-gaap Increase Decrease In Inventories
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CY2015 us-gaap Increase Decrease In Other Operating Capital Net
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CY2016 us-gaap Increase Decrease In Other Operating Capital Net
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10000000 USD
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CY2015 us-gaap Increase Decrease In Receivables
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CY2016 us-gaap Increase Decrease In Receivables
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CY2014 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2500000 shares
CY2015 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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0 shares
CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1800000 shares
CY2014 us-gaap Interest Expense
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3000000 USD
CY2015 us-gaap Interest Expense
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9000000 USD
CY2016 us-gaap Interest Expense
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12000000 USD
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CY2015 us-gaap Interest Expense Debt
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9000000 USD
CY2016 us-gaap Interest Expense Debt
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12000000 USD
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3000000 USD
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8000000 USD
CY2016 us-gaap Interest Paid
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32000000 USD
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20000000 USD
CY2015Q4 us-gaap Inventory Net
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49000000 USD
CY2016Q4 us-gaap Inventory Net
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34000000 USD
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17000000 USD
CY2016Q4 us-gaap Inventory Parts And Components Net Of Reserves
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14000000 USD
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CY2016Q4 us-gaap Liabilities
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2527000000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
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2413000000 USD
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953000000 USD
CY2016Q4 us-gaap Liabilities Current
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729000000 USD
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58000000 USD
CY2016Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
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0 USD
CY2016Q4 us-gaap Loans Payable
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570000000 USD
CY2015Q4 us-gaap Long Term Debt Current
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30000000 USD
CY2016Q4 us-gaap Long Term Debt Current
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30000000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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30000000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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413000000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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67000000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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60000000 USD
CY2015Q4 us-gaap Long Term Debt Noncurrent
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567000000 USD
CY2016Q4 us-gaap Long Term Debt Noncurrent
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538000000 USD
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354000000 USD
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688000000 USD
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CY2016 us-gaap Maintenance Revenue
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CY2016 us-gaap Net Cash Provided By Used In Investing Activities
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CY2014 us-gaap Net Cash Provided By Used In Operating Activities
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680000000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
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401000000 USD
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CY2015Q4 us-gaap Net Income Loss
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CY2015 us-gaap Net Income Loss
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CY2016Q3 us-gaap Net Income Loss
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CY2016Q4 us-gaap Net Income Loss
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CY2016 us-gaap Net Income Loss
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CY2015 us-gaap Operating Income Loss
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CY2016Q3 us-gaap Operating Income Loss
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CY2016Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2016 us-gaap Operating Income Loss
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CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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11000000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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6000000 USD
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10000000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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18000000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Receivable
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CY2016Q4 us-gaap Operating Leases Future Minimum Payments Receivable Current
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OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
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CY2016Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
0 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
0 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
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CY2014 us-gaap Operating Leases Income Statement Sublease Revenue
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3000000 USD
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3000000 USD
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3000000 USD
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26000000 USD
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26000000 USD
CY2016 us-gaap Operating Leases Rent Expense Minimum Rentals
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CY2016Q4 us-gaap Other Assets Current
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17000000 USD
CY2016Q4 us-gaap Other Assets Noncurrent
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17000000 USD
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CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
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29000000 USD
CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
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9000000 USD
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
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12000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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21000000 USD
CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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5000000 USD
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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6000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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7000000 USD
CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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1000000 USD
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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3000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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0 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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26000000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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0 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
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1000000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
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3000000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
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3000000 USD
CY2014 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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50000000 USD
CY2015 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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CY2016 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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0 USD
CY2014 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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31000000 USD
CY2015 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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CY2016 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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0 USD
CY2014 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
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19000000 USD
CY2015 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
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CY2016 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
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0 USD
CY2015Q4 us-gaap Other Liabilities Current
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CY2016Q4 us-gaap Other Liabilities Current
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88000000 USD
CY2015Q4 us-gaap Other Liabilities Noncurrent
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26000000 USD
CY2016Q4 us-gaap Other Liabilities Noncurrent
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32000000 USD
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60000000 USD
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551000000 USD
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657000000 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
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82000000 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
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54000000 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
52000000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
53000000 USD
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17000000 USD
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7000000 USD
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89000000 USD
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96000000 USD
CY2015Q4 us-gaap Postemployment Benefits Liability Current
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16000000 USD
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6000000 USD
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39000000 USD
CY2015Q4 us-gaap Postemployment Benefits Liability Current And Noncurrent
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49000000 USD
CY2016Q4 us-gaap Postemployment Benefits Liability Current And Noncurrent
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42000000 USD
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36000000 USD
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15000000 USD
CY2016 us-gaap Postemployment Benefits Period Expense
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20000000 USD
CY2015Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.01
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.01
CY2015Q4 us-gaap Preferred Stock Shares Authorized
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100000000 shares
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2015Q4 us-gaap Preferred Stock Shares Issued
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0 shares
CY2016Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2015Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2015Q4 us-gaap Preferred Stock Value
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0 USD
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2014 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
0 USD
CY2015 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
0 USD
CY2016 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
92000000 USD
CY2014 us-gaap Proceeds From Lines Of Credit
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220000000 USD
CY2015 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
180000000 USD
CY2016 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 USD
CY2014 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
29000000 USD
CY2015 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
18000000 USD
CY2016 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
30000000 USD
CY2014 us-gaap Proceeds From Sale Maturity And Collections Of Investments
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0 USD
CY2015 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
85000000 USD
CY2016 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
2000000 USD
CY2014 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2015 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
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CY2016 us-gaap Proceeds From Sale Of Property Plant And Equipment
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212000000 USD
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51000000 USD
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889000000 USD
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50000000 USD
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
33.75
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
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31.57
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
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ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
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CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
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CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
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ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.378
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ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.344
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ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.352
CY2016 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1136000 shares
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13000000 USD
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StockOptionPlanExpense
12000000 USD
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StockOptionPlanExpense
9000000 USD
CY2014 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
560000000 USD
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CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0173
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ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0208
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
38.16
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
14000000 USD
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
8000000 USD
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
13000000 USD
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
311000 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
631000 shares
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
1013000 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
17.67
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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11.37
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
10.68
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
20000000 USD
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
8000000 USD
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
7574000 shares
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
6509000 shares
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
34.91
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
36.22
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8000000 USD
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
6509000 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
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36.22
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16.48
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43.48
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39.63
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ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
28.17
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
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P6Y3M18D
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
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P6Y3M18D
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
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P6Y3M18D
CY2016Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
8000000 USD
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SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y7M6D
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y8M12D
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y3M18D
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P5Y3M18D
CY2015Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
180000000 USD
CY2016Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
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8000000 USD
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StandardProductWarrantyAccrual
7000000 USD
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StandardProductWarrantyAccrual
6000000 USD
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StandardProductWarrantyAccrual
5000000 USD
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17000000 USD
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StandardProductWarrantyAccrualPayments
10000000 USD
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StandardProductWarrantyAccrualPayments
9000000 USD
CY2014 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
16000000 USD
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StandardProductWarrantyAccrualWarrantiesIssued
9000000 USD
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StandardProductWarrantyAccrualWarrantiesIssued
8000000 USD
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StockholdersEquity
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StockholdersEquity
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TechnologyServicesRevenue
817000000 USD
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TechnologyServicesRevenue
780000000 USD
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TechnologyServicesRevenue
730000000 USD
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82000000 USD
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1300000000 USD
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36000000 USD
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UnrecognizedTaxBenefits
38000000 USD
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UnrecognizedTaxBenefits
30000000 USD
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UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
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UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
7000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
3000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
2000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
6000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
3000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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1000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
4000000 USD
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
157800000 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
139600000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
131500000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
155300000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
139600000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
129700000 shares
CY2016 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Use of Estimates.</font><font style="font-family:inherit;font-size:11pt;"> The preparation of financial statements in conformity with GAAP requires management to make estimates and judgments that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and revenues and expenses during the period reported. On an ongoing basis, management evaluates these estimates and judgments, including those related to allowances for doubtful accounts, the valuation of inventory to net realizable value, impairments of goodwill and other intangibles, stock-based compensation, pension and other postemployment benefits, and income taxes and any changes will be accounted for on a prospective basis. Actual results could differ from those estimates.</font></div></div>

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