2014 Q4 Form 10-K Financial Statement

#000100865416000035 Filed on March 04, 2016

View on sec.gov

Income Statement

Concept 2014 Q4 2014 Q3 2014 Q2
Revenue $679.9M $588.7M $674.3M
YoY Change -5.19% -2.4% -2.05%
Cost Of Revenue $227.5M $209.2M $225.7M
YoY Change -5.76% 4.81% -0.13%
Gross Profit $452.4M $379.5M $448.6M
YoY Change -4.9% -5.97% -2.98%
Gross Profit Margin 66.54% 64.46% 66.53%
Selling, General & Admin $331.3M $321.7M $348.6M
YoY Change -4.39% -1.14% -0.2%
% of Gross Profit 73.23% 84.77% 77.71%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $16.00M $16.10M $15.90M
YoY Change -1.84% 17.52% 25.2%
% of Gross Profit 3.54% 4.24% 3.54%
Operating Expenses $331.3M $321.7M $348.6M
YoY Change -4.39% -1.14% -0.2%
Operating Profit $121.1M $55.20M $97.10M
YoY Change -6.27% -27.75% -12.6%
Interest Expense $25.40M $11.90M $11.60M
YoY Change -6450.0% 15.53% 12.62%
% of Operating Profit 20.97% 21.56% 11.95%
Other Income/Expense, Net -$34.70M $3.800M -$16.00M
YoY Change 243.56% -353.33% 2185.71%
Pretax Income $109.5M $47.90M $70.00M
YoY Change -5.68% -26.53% -30.56%
Income Tax $27.20M $15.60M $22.40M
% Of Pretax Income 24.84% 32.57% 32.0%
Net Earnings $82.30M $32.30M $47.60M
YoY Change -8.35% -35.27% -37.61%
Net Earnings / Revenue 12.1% 5.49% 7.06%
Basic Earnings Per Share $1.65 $0.64 $0.95
Diluted Earnings Per Share $1.63 $0.63 $0.93
COMMON SHARES
Basic Shares Outstanding 50.37M shares 50.20M shares 50.20M shares
Diluted Shares Outstanding 51.00M shares 51.10M shares

Balance Sheet

Concept 2014 Q4 2014 Q3 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $77.00M $89.40M $82.70M
YoY Change -39.51% -29.05% -26.42%
Cash & Equivalents $77.00M $89.40M $82.70M
Short-Term Investments
Other Short-Term Assets $56.60M $142.7M $129.4M
YoY Change -59.48% -10.48% -18.1%
Inventory $306.0M $348.1M $351.8M
Prepaid Expenses
Receivables $168.1M $180.2M $191.1M
Other Receivables $26.80M $39.30M $44.20M
Total Short-Term Assets $634.5M $799.7M $799.2M
YoY Change -18.55% -6.53% -2.89%
LONG-TERM ASSETS
Property, Plant & Equipment $290.3M $292.8M $301.4M
YoY Change -3.52% 0.62% 6.69%
Goodwill $164.7M $178.0M $182.5M
YoY Change -9.26% -4.15% -0.16%
Intangibles $105.7M
YoY Change -18.0%
Long-Term Investments $0.00 $0.00 $0.00
YoY Change
Other Assets $32.00M $34.50M $36.40M
YoY Change -1.84% 13.86% 4.9%
Total Long-Term Assets $1.135B $1.070B $1.098B
YoY Change 6.61% 4.44% 10.11%
TOTAL ASSETS
Total Short-Term Assets $634.5M $799.7M $799.2M
Total Long-Term Assets $1.135B $1.070B $1.098B
Total Assets $1.770B $1.870B $1.897B
YoY Change -4.02% -0.55% 4.23%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $142.8M $106.0M $121.9M
YoY Change -4.61% -3.2% 8.07%
Accrued Expenses $375.3M $357.8M $343.5M
YoY Change 6.5% -1.95% -5.11%
Deferred Revenue
YoY Change
Short-Term Debt $219.1M $0.00 $0.00
YoY Change -5.68%
Long-Term Debt Due $221.4M $314.6M $299.1M
YoY Change -5.95% 7.45% 62.64%
Total Short-Term Liabilities $739.5M $778.4M $764.5M
YoY Change 0.27% 1.46% 16.06%
LONG-TERM LIABILITIES
Long-Term Debt $612.1M $616.4M $617.8M
YoY Change -1.26% -0.42% -0.21%
Other Long-Term Liabilities $232.4M $219.0M $229.6M
YoY Change -0.51% -1.31% 11.13%
Total Long-Term Liabilities $232.4M $219.0M $229.6M
YoY Change -0.51% -1.31% 11.13%
TOTAL LIABILITIES
Total Short-Term Liabilities $739.5M $778.4M $764.5M
Total Long-Term Liabilities $232.4M $219.0M $229.6M
Total Liabilities $971.9M $997.4M $994.1M
YoY Change 0.08% 0.84% 14.89%
SHAREHOLDERS EQUITY
Retained Earnings $1.348B $1.301B $1.308B
YoY Change 4.58% 5.5% 7.24%
Common Stock $600.0K $600.0K $600.0K
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $945.0M $900.7M $898.3M
YoY Change 5.19% 8.54% 22.04%
Treasury Stock Shares 13.92M shares 13.23M shares 13.21M shares
Shareholders Equity $185.8M $256.0M $285.4M
YoY Change
Total Liabilities & Shareholders Equity $1.770B $1.870B $1.897B
YoY Change -4.02% -0.55% 4.23%

Cashflow Statement

Concept 2014 Q4 2014 Q3 2014 Q2
OPERATING ACTIVITIES
Net Income $82.30M $32.30M $47.60M
YoY Change -8.35% -35.27% -37.61%
Depreciation, Depletion And Amortization $16.00M $16.10M $15.90M
YoY Change -1.84% 17.52% 25.2%
Cash From Operating Activities $195.0M $45.00M $62.40M
YoY Change -1.27% -17.58% 8.52%
INVESTING ACTIVITIES
Capital Expenditures -$23.40M -$14.80M -$16.80M
YoY Change -10.34% -22.51% 14.29%
Acquisitions
YoY Change
Other Investing Activities $1.000M $600.0K $1.300M
YoY Change 100.0% -53.85% -80.3%
Cash From Investing Activities -$22.40M -$14.20M -$15.50M
YoY Change -12.5% -20.22% 91.36%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -173.5M -18.50M -37.60M
YoY Change 5.28% -19.21% -51.11%
NET CHANGE
Cash From Operating Activities 195.0M 45.00M 62.40M
Cash From Investing Activities -22.40M -14.20M -15.50M
Cash From Financing Activities -173.5M -18.50M -37.60M
Net Change In Cash -900.0K 12.30M 9.300M
YoY Change -112.68% -11.51% -133.82%
FREE CASH FLOW
Cash From Operating Activities $195.0M $45.00M $62.40M
Capital Expenditures -$23.40M -$14.80M -$16.80M
Free Cash Flow $218.4M $59.80M $79.20M
YoY Change -2.33% -18.86% 9.7%

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CY2014 us-gaap Current Income Tax Expense Benefit
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CY2015 us-gaap Current Income Tax Expense Benefit
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32200000 USD
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83700000 USD
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7400000 USD
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6300000 USD
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6300000 USD
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65700000 USD
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700000 USD
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13700000 USD
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300000 USD
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2500000 USD
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1800000 USD
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500000 USD
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300000 USD
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104700000 USD
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CY2015 us-gaap Goodwill Impairment Loss
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CY2014 us-gaap Gross Profit
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400900000 USD
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360400000 USD
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298200000 USD
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259900000 USD
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379300000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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333700000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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327400000 USD
CY2013 us-gaap Income Loss From Equity Method Investments
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0 USD
CY2014 us-gaap Income Loss From Equity Method Investments
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0 USD
CY2015 us-gaap Income Loss From Equity Method Investments
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0 USD
CY2013 us-gaap Income Tax Expense Benefit
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86200000 USD
CY2014 us-gaap Income Tax Expense Benefit
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83800000 USD
CY2015 us-gaap Income Tax Expense Benefit
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74100000 USD
CY2013 us-gaap Income Tax Holiday Aggregate Dollar Amount
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2600000 USD
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3400000 USD
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2600000 USD
CY2013 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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4600000 USD
CY2014 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-500000 USD
CY2015 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-400000 USD
CY2013 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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-6800000 USD
CY2014 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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0 USD
CY2015 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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0 USD
CY2013 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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-26100000 USD
CY2014 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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-20600000 USD
CY2015 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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-4600000 USD
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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126100000 USD
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
104400000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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91000000 USD
CY2013 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
3200000 USD
CY2014 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-800000 USD
CY2015 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-4700000 USD
CY2013 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
86200000 USD
CY2014 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
83800000 USD
CY2015 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
74100000 USD
CY2013 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
-1400000 USD
CY2014 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
0 USD
CY2015 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
-2400000 USD
CY2013 us-gaap Income Taxes Paid Net
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102700000 USD
CY2014 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
117000000 USD
CY2015 us-gaap Income Taxes Paid Net
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106400000 USD
CY2013 us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
16800000 USD
CY2014 us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
28200000 USD
CY2015 us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
10700000 USD
CY2013 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
15700000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
25500000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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11400000 USD
CY2013 us-gaap Increase Decrease In Accrued Income Taxes Payable
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7800000 USD
CY2014 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
24900000 USD
CY2015 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-2500000 USD
CY2013 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
29600000 USD
CY2014 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
59900000 USD
CY2015 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
45200000 USD
CY2013 us-gaap Increase Decrease In Financial Instruments Used In Operating Activities
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-3200000 USD
CY2014 us-gaap Increase Decrease In Financial Instruments Used In Operating Activities
IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities
-4600000 USD
CY2015 us-gaap Increase Decrease In Financial Instruments Used In Operating Activities
IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities
17000000 USD
CY2013 us-gaap Increase Decrease In Inventories
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33200000 USD
CY2014 us-gaap Increase Decrease In Inventories
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39500000 USD
CY2015 us-gaap Increase Decrease In Inventories
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8200000 USD
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-2800000 USD
CY2014 us-gaap Increase Decrease In Other Operating Assets
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1100000 USD
CY2015 us-gaap Increase Decrease In Other Operating Assets
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-4700000 USD
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0 USD
CY2014 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
100000 USD
CY2015 us-gaap Increase Decrease In Other Operating Capital Net
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0 USD
CY2013 us-gaap Increase Decrease In Other Operating Liabilities
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4600000 USD
CY2014 us-gaap Increase Decrease In Other Operating Liabilities
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8400000 USD
CY2015 us-gaap Increase Decrease In Other Operating Liabilities
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5100000 USD
CY2013 us-gaap Increase Decrease In Other Receivables
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2500000 USD
CY2014 us-gaap Increase Decrease In Other Receivables
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CY2015 us-gaap Increase Decrease In Other Receivables
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1600000 USD
CY2013 us-gaap Increase Decrease In Prepaid Expense
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CY2014 us-gaap Increase Decrease In Prepaid Expense
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2800000 USD
CY2015 us-gaap Increase Decrease In Prepaid Expense
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8000000 USD
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CY2015 us-gaap Net Cash Provided By Used In Financing Activities
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166400000 USD
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148400000 USD
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InterestExpense
40200000 USD
CY2014 us-gaap Interest Expense
InterestExpense
46500000 USD
CY2015 us-gaap Interest Expense
InterestExpense
47600000 USD
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CY2014 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
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CY2015 us-gaap Interest Income Expense Net
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CY2013 us-gaap Interest Paid
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38900000 USD
CY2014 us-gaap Interest Paid
InterestPaid
44000000 USD
CY2015 us-gaap Interest Paid
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47800000 USD
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242500000 USD
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203200000 USD
CY2014Q4 us-gaap Inventory Net
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306000000 USD
CY2015Q4 us-gaap Inventory Net
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254600000 USD
CY2014Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
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36700000 USD
CY2015Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
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30400000 USD
CY2014Q4 us-gaap Inventory Work In Process Net Of Reserves
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26800000 USD
CY2015Q4 us-gaap Inventory Work In Process Net Of Reserves
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21000000 USD
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13300000 USD
CY2014 us-gaap Inventory Write Down
InventoryWriteDown
17800000 USD
CY2015 us-gaap Inventory Write Down
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14300000 USD
CY2013 us-gaap Investment Income Interest
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2600000 USD
CY2014 us-gaap Investment Income Interest
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3000000 USD
CY2015 us-gaap Investment Income Interest
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2400000 USD
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1769800000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
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1598200000 USD
CY2014Q4 us-gaap Liabilities Current
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739500000 USD
CY2015Q4 us-gaap Liabilities Current
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614000000 USD
CY2015Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
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700500000 USD
CY2014Q4 us-gaap Long Term Debt And Capital Lease Obligations
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612100000 USD
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations
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608200000 USD
CY2014Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
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221400000 USD
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
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162500000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
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601600000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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162500000 USD
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1200000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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1500000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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1800000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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2100000 USD
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CY2014 us-gaap Net Cash Provided By Used In Investing Activities
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CY2015 us-gaap Net Cash Provided By Used In Investing Activities
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CY2013 us-gaap Net Cash Provided By Used In Operating Activities
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323500000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities
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284100000 USD
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225700000 USD
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CY2014Q2 us-gaap Net Income Loss
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47600000 USD
CY2014Q3 us-gaap Net Income Loss
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CY2014Q4 us-gaap Net Income Loss
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CY2014 us-gaap Net Income Loss
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CY2015Q1 us-gaap Net Income Loss
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CY2015Q2 us-gaap Net Income Loss
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CY2015Q3 us-gaap Net Income Loss
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CY2015Q4 us-gaap Net Income Loss
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CY2015 us-gaap Net Income Loss
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61800000 USD
CY2015Q4 us-gaap Nontrade Receivables Current
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45500000 USD
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0 USD
CY2015Q4 us-gaap Notes Payable Related Parties Noncurrent
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0 USD
CY2014Q4 us-gaap Notes Receivable Related Parties Noncurrent
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0 USD
CY2015Q4 us-gaap Notes Receivable Related Parties Noncurrent
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0 USD
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403500000 USD
CY2014 us-gaap Operating Income Loss
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CY2015 us-gaap Operating Income Loss
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CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due Current
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35700000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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5600000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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9300000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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14200000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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22500000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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9400000 USD
CY2013 us-gaap Operating Leases Rent Expense Net
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31700000 USD
CY2014 us-gaap Operating Leases Rent Expense Net
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38000000 USD
CY2015 us-gaap Operating Leases Rent Expense Net
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34000000 USD
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83000000 USD
CY2015Q4 us-gaap Other Accrued Liabilities Current
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77200000 USD
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36800000 USD
CY2015Q4 us-gaap Other Accrued Liabilities Noncurrent
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36600000 USD
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32000000 USD
CY2015Q4 us-gaap Other Assets Noncurrent
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27000000 USD
CY2013 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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17000000 USD
CY2014 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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CY2015 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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12500000 USD
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CY2013 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
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800000 USD
CY2014 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
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1300000 USD
CY2015 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
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4000000 USD
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-800000 USD
CY2015 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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-1300000 USD
CY2013 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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CY2014 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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CY2014 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Before Tax
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1800000 USD
CY2015 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Before Tax
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1600000 USD
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CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2013 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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-9300000 USD
CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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4700000 USD
CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
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3200000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
9100000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
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19200000 USD
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
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1200000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
2000000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
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4400000 USD
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
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CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
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CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
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CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
2100000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
1000000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
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1200000 USD
CY2013 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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2400000 USD
CY2014 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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5600000 USD
CY2015 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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18400000 USD
CY2015Q4 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
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16400000 USD
CY2013 us-gaap Other Restructuring Costs
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2000000 USD
CY2014 us-gaap Other Restructuring Costs
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3600000 USD
CY2015 us-gaap Other Restructuring Costs
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1800000 USD
CY2013 us-gaap Payments For Repurchase Of Common Stock
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379400000 USD
CY2014 us-gaap Payments For Repurchase Of Common Stock
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92300000 USD
CY2015 us-gaap Payments For Repurchase Of Common Stock
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1500000 USD
CY2013 us-gaap Payments Of Debt Issuance Costs
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2200000 USD
CY2014 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2015 us-gaap Payments Of Debt Issuance Costs
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700000 USD
CY2013 us-gaap Payments Of Dividends
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116800000 USD
CY2014 us-gaap Payments Of Dividends
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135500000 USD
CY2015 us-gaap Payments Of Dividends
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138000000 USD
CY2013 us-gaap Payments To Acquire Property Plant And Equipment
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69000000 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
69400000 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
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61100000 USD
CY2014Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Current And Noncurrent
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170900000 USD
CY2015Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Current And Noncurrent
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148700000 USD
CY2014Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.01
CY2015Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2014Q4 us-gaap Preferred Stock Shares Authorized
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200000000 shares
CY2015Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
200000000 shares
CY2014Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2015Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2015Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2014Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
21600000 USD
CY2015Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
27900000 USD
CY2013 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0 USD
CY2014 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0 USD
CY2015 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0 USD
CY2013 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
200000000 USD
CY2014 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
0 USD
CY2015 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
0 USD
CY2013 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
0 USD
CY2014 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
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CY2015 us-gaap Proceeds From Payments To Minority Shareholders
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CY2015 us-gaap Severance Costs1
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5000000 USD
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ShareBasedCompensation
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CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2015 us-gaap Share Based Compensation
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CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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20400000 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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CY2013 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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CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
19.17
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
13.13
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8100000 USD
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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2192136 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2100478 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
48.95
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
56.92
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
26.72
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
55.64
CY2014Q1 us-gaap Share Price
SharePrice
82.25
CY2014Q2 us-gaap Share Price
SharePrice
82.92
CY2014Q3 us-gaap Share Price
SharePrice
70.29
CY2014Q4 us-gaap Share Price
SharePrice
63.68
CY2015Q1 us-gaap Share Price
SharePrice
70.25
CY2015Q2 us-gaap Share Price
SharePrice
67.36
CY2015Q3 us-gaap Share Price
SharePrice
50.06
CY2015Q4 us-gaap Share Price
SharePrice
55.89
CY2015Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
8000000 USD
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y7M28D
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P7Y1M16D
CY2013 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
56856 shares
CY2014 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
102405 shares
CY2015 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
22344 shares
CY2013 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
156700000 USD
CY2014 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
156600000 USD
CY2015 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
139300000 USD
CY2014Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
219100000 USD
CY2015Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
160400000 USD
CY2014Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.018
CY2015Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.015
CY2014 us-gaap Shortterm Debt Average Outstanding Amount
ShorttermDebtAverageOutstandingAmount
448800000 USD
CY2015 us-gaap Shortterm Debt Average Outstanding Amount
ShorttermDebtAverageOutstandingAmount
394900000 USD
CY2014 us-gaap Shortterm Debt Maximum Amount Outstanding During Period
ShorttermDebtMaximumAmountOutstandingDuringPeriod
530300000 USD
CY2015 us-gaap Shortterm Debt Maximum Amount Outstanding During Period
ShorttermDebtMaximumAmountOutstandingDuringPeriod
444800000 USD
CY2015 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
607936 shares
CY2013 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
35300000 USD
CY2014 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
26200000 USD
CY2015 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
34200000 USD
CY2015Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
2000000000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
479100000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
252900000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
185800000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
161000000 USD
CY2014Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
13924568 shares
CY2015Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
13170517 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
21300000 shares
CY2013 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
4600000 shares
CY2014 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1200000 shares
CY2015 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
CY2014Q4 us-gaap Treasury Stock Value
TreasuryStockValue
945000000 USD
CY2015Q4 us-gaap Treasury Stock Value
TreasuryStockValue
894300000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1290000000 USD
CY2013 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
374900000 USD
CY2014 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
84300000 USD
CY2015 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
0 USD
CY2015Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
1400000000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
24900000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
27400000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
22500000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
21800000 USD
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsDecreasesResultingFromForeignCurrencyTranslation
300000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsDecreasesResultingFromForeignCurrencyTranslation
1300000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsDecreasesResultingFromForeignCurrencyTranslation
1500000 USD
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1900000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
3100000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1600000 USD
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
1300000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
1900000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
1100000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
6500000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
6000000 USD
CY2013 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
500000 USD
CY2014 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
900000 USD
CY2015 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
6000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
3900000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
3300000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
4400000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
1200000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
3400000 USD
CY2013 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
4400000 USD
CY2014 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
3700000 USD
CY2015 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
3200000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
20700000 USD
CY2013 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1200000 shares
CY2014 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
900000 shares
CY2015 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
500000 shares
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53100000 shares
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51000000 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50400000 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51900000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50100000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49900000 shares
CY2015 us-gaap Comparability Of Prior Year Financial Data
ComparabilityOfPriorYearFinancialData
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Reclassifications</font><font style="font-family:inherit;font-size:10pt;">. Certain prior year amounts have been reclassified in the Consolidated Financial Statements to conform to current year presentation.</font></div></div>
CY2015 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates.</font><font style="font-family:inherit;font-size:10pt;"> The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the financial statements, as well as the reported amounts of revenues and expenses during the reporting period. Actual results could differ materially from these estimates.</font></div></div>

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