2016 Form 10-K Financial Statement

#000111133517000003 Filed on February 23, 2017

View on sec.gov

Income Statement

Concept 2016 2015 Q4 2015 Q3
Revenue $3.161B $809.0M $808.0M
YoY Change -2.59% 2.66% 1.89%
Cost Of Revenue $2.705B $695.0M $703.0M
YoY Change -3.91% 3.58% 0.43%
Gross Profit $456.0M $114.0M $105.0M
YoY Change 6.05% -2.56% 12.9%
Gross Profit Margin 14.43% 14.09% 13.0%
Selling, General & Admin $224.0M $63.00M $59.00M
YoY Change -8.57% -1.56% -15.71%
% of Gross Profit 49.12% 55.26% 56.19%
Research & Development $295.0M
YoY Change 0.34%
% of Gross Profit 64.69%
Depreciation & Amortization $84.00M $22.00M $17.00M
YoY Change -50.3% -66.15% -15.0%
% of Gross Profit 18.42% 19.3% 16.19%
Operating Expenses $519.0M $48.00M $59.00M
YoY Change -3.71% 118.18% -15.71%
Operating Profit -$63.00M $66.00M $46.00M
YoY Change -42.2% -30.53% 100.0%
Interest Expense $18.00M $13.00M $3.000M
YoY Change -5.26% -161.9% -50.0%
% of Operating Profit 19.7% 6.52%
Other Income/Expense, Net $12.00M $0.00
YoY Change -52.0% -100.0%
Pretax Income $161.0M -$84.00M $31.00M
YoY Change 133.33% 950.0% -381.82%
Income Tax $30.00M -$16.00M $10.00M
% Of Pretax Income 18.63% 32.26%
Net Earnings $75.00M $24.00M $5.000M
YoY Change -96.72% -121.05% -123.81%
Net Earnings / Revenue 2.37% 2.97% 0.62%
Basic Earnings Per Share $2.14 $0.52 $0.12
Diluted Earnings Per Share $2.12 $0.52 $0.12
COMMON SHARES
Basic Shares Outstanding 35.00M shares 40.82M shares 40.50M shares
Diluted Shares Outstanding 35.40M shares 41.40M shares

Balance Sheet

Concept 2016 2015 Q4 2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $878.0M $2.775B $2.912B
YoY Change -68.36% 482.98% 211.11%
Cash & Equivalents $878.0M $2.728B $2.860B
Short-Term Investments $0.00 $47.00M $52.00M
Other Short-Term Assets $57.00M $581.0M $198.0M
YoY Change -42.42% 132.4% -42.61%
Inventory $151.0M $187.0M $202.0M
Prepaid Expenses $28.00M $28.00M
Receivables $505.0M $502.0M $554.0M
Other Receivables $117.0M $490.0M $106.0M
Total Short-Term Assets $1.708B $4.053B $3.891B
YoY Change -57.86% 29.32% 11.97%
LONG-TERM ASSETS
Property, Plant & Equipment $345.0M $351.0M $341.0M
YoY Change -1.71% -3.31% -75.69%
Goodwill $40.00M
YoY Change -13.04%
Intangibles
YoY Change
Long-Term Investments $45.00M $45.00M $47.00M
YoY Change -19.64% -19.64% -61.79%
Other Assets $66.00M $88.00M $435.0M
YoY Change 26.92% -39.31% 100.46%
Total Long-Term Assets $665.0M $628.0M $975.0M
YoY Change 5.72% -71.31% -56.04%
TOTAL ASSETS
Total Short-Term Assets $1.708B $4.053B $3.891B
Total Long-Term Assets $665.0M $628.0M $975.0M
Total Assets $2.373B $4.681B $4.866B
YoY Change -49.32% -12.06% -14.53%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $463.0M $482.0M $506.0M
YoY Change -3.94% -0.62% -54.74%
Accrued Expenses $113.0M $132.0M $122.0M
YoY Change -14.39% 15.79% -31.84%
Deferred Revenue
YoY Change
Short-Term Debt $33.00M $34.00M $31.00M
YoY Change -2.94% 61.9% -76.87%
Long-Term Debt Due $3.000M $3.000M $2.000M
YoY Change 0.0% -62.5% -71.43%
Total Short-Term Liabilities $911.0M $2.772B $959.0M
YoY Change -67.14% 51.31% -51.34%
LONG-TERM LIABILITIES
Long-Term Debt $346.0M $346.0M $349.0M
YoY Change -0.29% -41.06% -58.45%
Other Long-Term Liabilities $372.0M $75.00M $223.0M
YoY Change 8.45% -31.19% 50.68%
Total Long-Term Liabilities $718.0M $421.0M $572.0M
YoY Change 4.06% -39.51% -42.11%
TOTAL LIABILITIES
Total Short-Term Liabilities $911.0M $2.772B $959.0M
Total Long-Term Liabilities $718.0M $421.0M $572.0M
Total Liabilities $1.787B $3.193B $1.531B
YoY Change -50.7% 26.31% -48.26%
SHAREHOLDERS EQUITY
Retained Earnings $1.194B $2.924B
YoY Change 80.64% 265.96%
Common Stock $1.000M $1.000M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.293B $1.200B
YoY Change 73.09% 60.21%
Treasury Stock Shares 15.18M shares
Shareholders Equity $586.0M $1.057B $2.685B
YoY Change
Total Liabilities & Shareholders Equity $2.373B $4.681B $4.866B
YoY Change -49.32% -12.06% -14.53%

Cashflow Statement

Concept 2016 2015 Q4 2015 Q3
OPERATING ACTIVITIES
Net Income $75.00M $24.00M $5.000M
YoY Change -96.72% -121.05% -123.81%
Depreciation, Depletion And Amortization $84.00M $22.00M $17.00M
YoY Change -50.3% -66.15% -15.0%
Cash From Operating Activities $116.0M $64.00M $70.00M
YoY Change -65.68% -38.46% 32.08%
INVESTING ACTIVITIES
Capital Expenditures $75.00M -$36.00M -$29.00M
YoY Change -59.89% -72.52% -64.63%
Acquisitions $15.00M
YoY Change 275.0%
Other Investing Activities $10.00M -$137.0M -$44.00M
YoY Change -266.67% -7.43% -85.71%
Cash From Investing Activities $302.0M -$173.0M -$73.00M
YoY Change -87.19% -37.99% -81.28%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $500.0M
YoY Change 0.0%
Debt Paid & Issued, Net $2.000M
YoY Change -99.2%
Cash From Financing Activities -$2.262B -15.00M 10.00M
YoY Change 192.25% 0.0% -225.0%
NET CHANGE
Cash From Operating Activities $116.0M 64.00M 70.00M
Cash From Investing Activities $302.0M -173.0M -73.00M
Cash From Financing Activities -$2.262B -15.00M 10.00M
Net Change In Cash -$1.844B -124.0M 7.000M
YoY Change -195.94% -34.74% -102.03%
FREE CASH FLOW
Cash From Operating Activities $116.0M $64.00M $70.00M
Capital Expenditures $75.00M -$36.00M -$29.00M
Free Cash Flow $41.00M $100.0M $99.00M
YoY Change -72.85% -57.45% -26.67%

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24000000 USD
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2262000000 USD
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IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
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CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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CY2015 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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CY2016 us-gaap Income Tax Expense Benefit
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CY2015 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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IncomeTaxReconciliationForeignIncomeTaxRateDifferential
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22000000 USD
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56000000 USD
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1000000 USD
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5000000 USD
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56000000 USD
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45000000 USD
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Land
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Land
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us-gaap Payments For Repurchase Of Common Stock
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340000000 USD
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187000000 USD
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75000000 USD
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50000000 shares
CY2016Q4 us-gaap Preferred Stock Shares Authorized
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50000000 shares
CY2015Q4 us-gaap Preferred Stock Shares Issued
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CY2016Q4 us-gaap Preferred Stock Shares Issued
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CY2015Q4 us-gaap Preferred Stock Shares Outstanding
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0 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
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0 shares
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CY2016Q4 us-gaap Preferred Stock Value
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35000000 USD
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356000000 USD
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0 USD
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ProceedsFromPaymentsForOtherFinancingActivities
0 USD
CY2014 us-gaap Proceeds From Repayments Of Long Term Debt And Capital Securities
ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities
-419000000 USD
CY2015 us-gaap Proceeds From Repayments Of Long Term Debt And Capital Securities
ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities
0 USD
CY2016 us-gaap Proceeds From Repayments Of Long Term Debt And Capital Securities
ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities
0 USD
CY2014 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
39000000 USD
CY2015 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
2000000 USD
CY2016 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
0 USD
CY2014 us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
66000000 USD
CY2015 us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
92000000 USD
CY2016 us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
17000000 USD
CY2015Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
38000000 USD
CY2016Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
55000000 USD
CY2015Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
26000000 USD
CY2016Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
43000000 USD
CY2015Q4 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
12000000 USD
CY2015 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
17000000 USD
CY2016 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
21000000 USD
CY2015 us-gaap Product Warranty Accrual Period Increase Decrease
ProductWarrantyAccrualPeriodIncreaseDecrease
15000000 USD
CY2016 us-gaap Product Warranty Accrual Period Increase Decrease
ProductWarrantyAccrualPeriodIncreaseDecrease
17000000 USD
CY2015 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
-1000000 USD
CY2016 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
6000000 USD
CY2014 us-gaap Profit Loss
ProfitLoss
-206000000 USD
CY2015Q1 us-gaap Profit Loss
ProfitLoss
70000000 USD
CY2015Q2 us-gaap Profit Loss
ProfitLoss
2224000000 USD
CY2015Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
812000000 USD
CY2015Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
808000000 USD
CY2015Q3 us-gaap Profit Loss
ProfitLoss
10000000 USD
CY2015Q4 us-gaap Profit Loss
ProfitLoss
24000000 USD
CY2015 us-gaap Profit Loss
ProfitLoss
2328000000 USD
CY2016Q1 us-gaap Profit Loss
ProfitLoss
23000000 USD
CY2016Q2 us-gaap Profit Loss
ProfitLoss
30000000 USD
CY2016Q3 us-gaap Profit Loss
ProfitLoss
32000000 USD
CY2016Q4 us-gaap Profit Loss
ProfitLoss
6000000 USD
CY2016 us-gaap Profit Loss
ProfitLoss
91000000 USD
CY2015Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
507000000 USD
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
536000000 USD
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
351000000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
345000000 USD
CY2014 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1000000 USD
CY2015 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
4000000 USD
CY2016 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2000000 USD
CY2015 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-10000000 USD
CY2016 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
3000000 USD
CY2015 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
51000000 USD
CY2016 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
63000000 USD
CY2015Q2 us-gaap Repayments Of Debt
RepaymentsOfDebt
246000000 USD
CY2014 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
18000000 USD
CY2015 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
250000000 USD
CY2016 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
2000000 USD
CY2014 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
257000000 USD
CY2015 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
294000000 USD
CY2016 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
295000000 USD
CY2015Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
8000000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
4000000 USD
CY2014 us-gaap Restructuring Charges
RestructuringCharges
54000000 USD
CY2015 us-gaap Restructuring Charges
RestructuringCharges
36000000 USD
CY2016 us-gaap Restructuring Charges
RestructuringCharges
49000000 USD
CY2015Q4 us-gaap Restructuring Reserve
RestructuringReserve
38000000 USD
CY2016Q4 us-gaap Restructuring Reserve
RestructuringReserve
40000000 USD
CY2015 us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
-4000000 USD
CY2016 us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
-4000000 USD
CY2013Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
29000000 USD
CY2014Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
39000000 USD
CY2015Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
38000000 USD
CY2016Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
40000000 USD
CY2014 us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
-2000000 USD
CY2015 us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
-4000000 USD
CY2016 us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
-1000000 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1194000000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1269000000 USD
CY2015 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
44000000 USD
CY2016 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
36000000 USD
CY2014 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
2586000000 USD
CY2015Q1 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
816000000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2873000000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1821000000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1199000000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
724000000 USD
CY2015Q4 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
809000000 USD
CY2015 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
3245000000 USD
CY2016Q1 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
802000000 USD
CY2016Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
773000000 USD
CY2016Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
770000000 USD
CY2016Q4 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
816000000 USD
CY2016 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
3161000000 USD
CY2015Q4 us-gaap Secured Debt Current
SecuredDebtCurrent
3000000 USD
CY2016Q4 us-gaap Secured Debt Current
SecuredDebtCurrent
3000000 USD
CY2014 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
228000000 USD
CY2015 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
245000000 USD
CY2016 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
220000000 USD
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
8000000 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
8000000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
8000000 USD
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
52.49
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
71.33
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
79.11
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
84.58
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
103.66
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
81.05
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
48.26
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
54.64
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
84.26
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
83.30
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
53.68
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
54.47
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
90.45
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
4000000 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
3000000 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
1000000 USD
CY2014 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
53.48
CY2016Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
128000 shares
CY2014 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
84.67
CY2015Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
34000000 USD
CY2016Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
33000000 USD
CY2015Q4 us-gaap Short Term Investments
ShortTermInvestments
47000000 USD
CY2016Q4 us-gaap Short Term Investments
ShortTermInvestments
0 USD
CY2015 us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-2000000 USD
CY2016 us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-2000000 USD
CY2014 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
6000000 USD
CY2015 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
34000000 USD
CY2015Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
500000000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
1057000000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
586000000 USD
CY2016 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
-10000000 USD
CY2015Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
15182372 shares
CY2016Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
22211410 shares
CY2015 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
4771262 shares
CY2015Q4 us-gaap Treasury Stock Value
TreasuryStockValue
1293000000 USD
CY2016Q4 us-gaap Treasury Stock Value
TreasuryStockValue
1778000000 USD
CY2016 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1766000000000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
60000000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
37000000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
35000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
35000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
2000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
1000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
7000000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
3000000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
4000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
3000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
4000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
12000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
3000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
2000000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
29000000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
12000000 USD
CY2016Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
1500000000 USD
CY2015Q4 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
425000000 USD
CY2016Q4 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
60000000 USD
CY2015Q4 us-gaap Value Added Tax Receivable Noncurrent
ValueAddedTaxReceivableNoncurrent
21000000 USD
CY2016Q4 us-gaap Value Added Tax Receivable Noncurrent
ValueAddedTaxReceivableNoncurrent
34000000 USD
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45800000 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
43400000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35400000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45800000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42300000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35000000 shares
CY2015 vc Acceleratedsharerepurchasecappedsharedelivery
Acceleratedsharerepurchasecappedsharedelivery
112269 shares
vc Acceleratedsharerepurchaseinitialstockdelivery
Acceleratedsharerepurchaseinitialstockdelivery
3394157 shares
vc Acceleratedsharerepurchaseminimumsharedelivery
Acceleratedsharerepurchaseminimumsharedelivery
1129001 shares
vc Acceleratedsharerepurchaseprogrammaximumshareprice
Acceleratedsharerepurchaseprogrammaximumshareprice
100.54
CY2015Q2 vc Acceleratedsharerepurchaseuncappedsharedelivery
Acceleratedsharerepurchaseuncappedsharedelivery
534214 shares
CY2014 vc Adjusted Ebitda
AdjustedEBITDA
177000000 USD
CY2015 vc Adjusted Ebitda
AdjustedEBITDA
282000000 USD
CY2016 vc Adjusted Ebitda
AdjustedEBITDA
337000000 USD
CY2014 vc Adjustments To Ebitda For Discontinued Operations
AdjustmentsToEbitdaForDiscontinuedOperations
131000000 USD
CY2015 vc Adjustments To Ebitda For Discontinued Operations
AdjustmentsToEbitdaForDiscontinuedOperations
-2286000000 USD
CY2016 vc Adjustments To Ebitda For Discontinued Operations
AdjustmentsToEbitdaForDiscontinuedOperations
40000000 USD
CY2016Q4 vc Amended Loc Agreement Facility Capacity
AmendedLocAgreementFacilityCapacity
15000000 USD
CY2003 vc Amountof Bonds Issuedbythe Charter Townshipof Van Buren Michigan
AmountofBondsIssuedbytheCharterTownshipofVanBurenMichigan
28000000 USD
CY2015Q2 vc Amountofnetcashproceedstorepaydebt
Amountofnetcashproceedstorepaydebt
1.00 Rate
CY2016 vc Annual Limitations Under Irc Section382 And383
AnnualLimitationsUnderIrcSection382And383
120000000 USD
vc Bonuspaymentsrelatedto Climate Transaction
BonuspaymentsrelatedtoClimateTransaction
30000000 USD
CY2014 vc Business Acquisitions Pro Forma Gross Margin
BusinessAcquisitionsProFormaGrossMargin
408000000 USD
CY2014 vc Business Acquisitions Pro Forma Income From Continuing Operations Before Income Taxes
BusinessAcquisitionsProFormaIncomeFromContinuingOperationsBeforeIncomeTaxes
-29000000 USD
CY2015Q4 vc Contractualengineeringcostrecoveriescurrent
Contractualengineeringcostrecoveriescurrent
34000000 USD
CY2016Q4 vc Contractualengineeringcostrecoveriescurrent
Contractualengineeringcostrecoveriescurrent
7000000 USD
CY2015Q4 vc Contractualengineeringcostrecoveriesnoncurrent
Contractualengineeringcostrecoveriesnoncurrent
4000000 USD
CY2016Q4 vc Contractualengineeringcostrecoveriesnoncurrent
Contractualengineeringcostrecoveriesnoncurrent
11000000 USD
CY2015Q4 vc Deferred Tax Assets Capitalized Expenditures For Tax Reporting
DeferredTaxAssetsCapitalizedExpendituresForTaxReporting
26000000 USD
CY2016Q4 vc Deferred Tax Assets Capitalized Expenditures For Tax Reporting
DeferredTaxAssetsCapitalizedExpendituresForTaxReporting
15000000 USD
CY2014 vc Defined Benefit Plan Settlement Gain Loss Excluded From Adjusted Ebitda
DefinedBenefitPlanSettlementGainLossExcludedFromAdjustedEBITDA
-25000000 USD
CY2015 vc Defined Benefit Plan Settlement Gain Loss Excluded From Adjusted Ebitda
DefinedBenefitPlanSettlementGainLossExcludedFromAdjustedEBITDA
0 USD
CY2016 vc Defined Benefit Plan Settlement Gain Loss Excluded From Adjusted Ebitda
DefinedBenefitPlanSettlementGainLossExcludedFromAdjustedEBITDA
0 USD
CY2016 vc Defined Contribution Plan Employer Match Of First Six Percent Employee Contribution
DefinedContributionPlanEmployerMatchOfFirstSixPercentEmployeeContribution
1
CY2014 vc Depreciation And Amortization Expense
DepreciationAndAmortizationExpense
56000000 USD
CY2015 vc Depreciation And Amortization Expense
DepreciationAndAmortizationExpense
70000000 USD
CY2016 vc Depreciation And Amortization Expense
DepreciationAndAmortizationExpense
69000000 USD
CY2014 vc Depreciationand Amortization Expensesfor Continuing Operations
DepreciationandAmortizationExpensesforContinuingOperations
70000000 USD
CY2015 vc Depreciationand Amortization Expensesfor Continuing Operations
DepreciationandAmortizationExpensesforContinuingOperations
85000000 USD
CY2016 vc Depreciationand Amortization Expensesfor Continuing Operations
DepreciationandAmortizationExpensesforContinuingOperations
84000000 USD
CY2014 vc Disposal Group Including Discontinued Operation Equityinnetincomeofnonconsolidatedaffiliates
DisposalGroupIncludingDiscontinuedOperationEquityinnetincomeofnonconsolidatedaffiliates
13000000 USD
CY2015 vc Disposal Group Including Discontinued Operation Equityinnetincomeofnonconsolidatedaffiliates
DisposalGroupIncludingDiscontinuedOperationEquityinnetincomeofnonconsolidatedaffiliates
6000000 USD
CY2016 vc Disposal Group Including Discontinued Operation Equityinnetincomeofnonconsolidatedaffiliates
DisposalGroupIncludingDiscontinuedOperationEquityinnetincomeofnonconsolidatedaffiliates
0 USD
CY2014 vc Disposal Group Including Discontinued Operations Restructuring Expenses
DisposalGroupIncludingDiscontinuedOperationsRestructuringExpenses
17000000 USD
CY2015 vc Disposal Group Including Discontinued Operations Restructuring Expenses
DisposalGroupIncludingDiscontinuedOperationsRestructuringExpenses
2000000 USD
CY2016 vc Disposal Group Including Discontinued Operations Restructuring Expenses
DisposalGroupIncludingDiscontinuedOperationsRestructuringExpenses
4000000 USD
CY2014 vc Disposalgroupincludingdiscontinuedoperationscapitalexpenditures
Disposalgroupincludingdiscontinuedoperationscapitalexpenditures
244000000 USD
CY2015 vc Disposalgroupincludingdiscontinuedoperationscapitalexpenditures
Disposalgroupincludingdiscontinuedoperationscapitalexpenditures
81000000 USD
CY2016 vc Disposalgroupincludingdiscontinuedoperationscapitalexpenditures
Disposalgroupincludingdiscontinuedoperationscapitalexpenditures
1000000 USD
CY2014 vc Effective Income Tax Rate Reconciliation Berlindivestiture
EffectiveIncomeTaxRateReconciliationBerlindivestiture
0 USD
CY2015 vc Effective Income Tax Rate Reconciliation Berlindivestiture
EffectiveIncomeTaxRateReconciliationBerlindivestiture
48000000 USD
CY2016 vc Effective Income Tax Rate Reconciliation Berlindivestiture
EffectiveIncomeTaxRateReconciliationBerlindivestiture
0 USD
CY2014 vc Effective Income Tax Rate Reconciliation Non Us Withholding Taxes
EffectiveIncomeTaxRateReconciliationNonUSWithholdingTaxes
9000000 USD
CY2015 vc Effective Income Tax Rate Reconciliation Non Us Withholding Taxes
EffectiveIncomeTaxRateReconciliationNonUSWithholdingTaxes
9000000 USD
CY2016 vc Effective Income Tax Rate Reconciliation Non Us Withholding Taxes
EffectiveIncomeTaxRateReconciliationNonUSWithholdingTaxes
13000000 USD
CY2014 vc Effective Income Tax Rate Reconciliation Worthless Stock Deduction
EffectiveIncomeTaxRateReconciliationWorthlessStockDeduction
0 USD
CY2015 vc Effective Income Tax Rate Reconciliation Worthless Stock Deduction
EffectiveIncomeTaxRateReconciliationWorthlessStockDeduction
0 USD
CY2016 vc Effective Income Tax Rate Reconciliation Worthless Stock Deduction
EffectiveIncomeTaxRateReconciliationWorthlessStockDeduction
-58000000 USD
CY2015Q4 vc Employee Related Liabilities Noncurrent
EmployeeRelatedLiabilitiesNoncurrent
268000000 USD
CY2016Q4 vc Employee Related Liabilities Noncurrent
EmployeeRelatedLiabilitiesNoncurrent
303000000 USD
CY2014 vc Equityinnetincomeofnonconsolidatedaffiliates
Equityinnetincomeofnonconsolidatedaffiliates
2000000 USD
CY2015 vc Equityinnetincomeofnonconsolidatedaffiliates
Equityinnetincomeofnonconsolidatedaffiliates
7000000 USD
CY2016 vc Equityinnetincomeofnonconsolidatedaffiliates
Equityinnetincomeofnonconsolidatedaffiliates
2000000 USD
CY2014 vc Gainonnonconsolidatedaffiliatetransactions
Gainonnonconsolidatedaffiliatetransactions
2000000 USD
CY2015 vc Gainonnonconsolidatedaffiliatetransactions
Gainonnonconsolidatedaffiliatetransactions
62000000 USD
CY2016 vc Gainonnonconsolidatedaffiliatetransactions
Gainonnonconsolidatedaffiliatetransactions
0 USD
vc Increaseof Authorized Stock Repurchase Amount
IncreaseofAuthorizedStockRepurchaseAmount
2000000000 USD
CY2015Q4 vc Informationtechnologyseparationandserviceobligations
Informationtechnologyseparationandserviceobligations
37000000 USD
CY2016Q4 vc Informationtechnologyseparationandserviceobligations
Informationtechnologyseparationandserviceobligations
2000000 USD
CY2015Q4 vc Intangible Assets Gross Including Goodwill
IntangibleAssetsGrossIncludingGoodwill
171000000 USD
CY2016Q4 vc Intangible Assets Gross Including Goodwill
IntangibleAssetsGrossIncludingGoodwill
180000000 USD
CY2015Q4 vc Jointventurepayables
Jointventurepayables
18000000 USD
CY2016Q4 vc Jointventurepayables
Jointventurepayables
22000000 USD
CY2015Q4 vc Korean Capital Gains Withholding Tax
KoreanCapitalGainsWithholdingTax
364000000 USD
CY2016Q4 vc Korean Capital Gains Withholding Tax
KoreanCapitalGainsWithholdingTax
356000000 USD
CY2016Q1 vc Korean Capital Gains Withholding Tax
KoreanCapitalGainsWithholdingTax
356000000 USD
CY2016 vc Loc Collateral Percentagefordrawsinthe U.S.Dollars
LOCCollateralPercentagefordrawsintheU.S.dollars
1.03
CY2016 vc Lo Ccollateralpercentagefordrawsinnon U.S.Currencies
LOCcollateralpercentagefordrawsinnonU.S.currencies
1.10
CY2014 vc Loanstononconsolidatedaffiliatesnetofrepayments
Loanstononconsolidatedaffiliatesnetofrepayments
0 USD
CY2015 vc Loanstononconsolidatedaffiliatesnetofrepayments
Loanstononconsolidatedaffiliatesnetofrepayments
9000000 USD
CY2016 vc Loanstononconsolidatedaffiliatesnetofrepayments
Loanstononconsolidatedaffiliatesnetofrepayments
8000000 USD
CY2014 vc Lossesondivestituresandimpairments
Lossesondivestituresandimpairments
326000000 USD
CY2015 vc Lossesondivestituresandimpairments
Lossesondivestituresandimpairments
121000000 USD
CY2016 vc Lossesondivestituresandimpairments
Lossesondivestituresandimpairments
22000000 USD
CY2014 vc Lossonassetcontribution
Lossonassetcontribution
3000000 USD
CY2015 vc Lossonassetcontribution
Lossonassetcontribution
1000000 USD
CY2016 vc Lossonassetcontribution
Lossonassetcontribution
2000000 USD
CY2014 vc Noncontrollinginterestdecreasefrombusinessdivestiture
Noncontrollinginterestdecreasefrombusinessdivestiture
9000000 USD
CY2015 vc Noncontrollinginterestdecreasefrombusinessdivestiture
Noncontrollinginterestdecreasefrombusinessdivestiture
785000000 USD
CY2014Q3 vc Numberof Participantsinannuitypurchase
NumberofParticipantsinannuitypurchase
3900
CY2016Q2 vc Numberof Participantsinannuitypurchase
NumberofParticipantsinannuitypurchase
52
CY2014 vc Paymentsassociatedwithbusinessdivestiture
Paymentsassociatedwithbusinessdivestiture
147000000 USD
CY2015 vc Paymentsassociatedwithbusinessdivestiture
Paymentsassociatedwithbusinessdivestiture
157000000 USD
CY2016 vc Paymentsassociatedwithbusinessdivestiture
Paymentsassociatedwithbusinessdivestiture
10000000 USD
CY2015 vc Product Warranty Decrease From Business Divestiture
ProductWarrantyDecreaseFromBusinessDivestiture
25000000 USD
CY2016 vc Product Warranty Decrease From Business Divestiture
ProductWarrantyDecreaseFromBusinessDivestiture
0 USD
CY2014Q4 vc Productwarrantyaccrualincludingheldforsale
Productwarrantyaccrualincludingheldforsale
46000000 USD
CY2015Q4 vc Productwarrantyaccrualincludingheldforsale
Productwarrantyaccrualincludingheldforsale
38000000 USD
CY2015 vc Productwarrantyaccrualrecoverablewarrantyorrecalls
Productwarrantyaccrualrecoverablewarrantyorrecalls
5000000 USD
CY2016 vc Productwarrantyaccrualrecoverablewarrantyorrecalls
Productwarrantyaccrualrecoverablewarrantyorrecalls
2000000 USD
CY2015 vc Productwarrantyaccrualspecificactionincreasedecrease
Productwarrantyaccrualspecificactionincreasedecrease
17000000 USD
CY2016 vc Productwarrantyaccrualspecificactionincreasedecrease
Productwarrantyaccrualspecificactionincreasedecrease
15000000 USD
CY2015Q4 vc Property And Equipment Net Before Tooling
PropertyAndEquipmentNetBeforeTooling
337000000 USD
CY2016Q4 vc Property And Equipment Net Before Tooling
PropertyAndEquipmentNetBeforeTooling
326000000 USD
CY2014 vc Provisionoflossesonrecoverabletaxes
Provisionoflossesonrecoverabletaxes
8000000 USD
CY2015 vc Provisionoflossesonrecoverabletaxes
Provisionoflossesonrecoverabletaxes
0 USD
CY2016 vc Provisionoflossesonrecoverabletaxes
Provisionoflossesonrecoverabletaxes
-1000000 USD
CY2015Q4 vc Receivables For Customer Owned Production Tooling
ReceivablesForCustomerOwnedProductionTooling
12000000 USD
CY2016Q4 vc Receivables For Customer Owned Production Tooling
ReceivablesForCustomerOwnedProductionTooling
14000000 USD
CY2016 vc Reimbursementforengineeringcostsexpectedinyearthree
Reimbursementforengineeringcostsexpectedinyearthree
7000000 USD
CY2016 vc Reimbursementforengineeringcostsexpectedinyeartwo
Reimbursementforengineeringcostsexpectedinyeartwo
4000000 USD
CY2016 vc Reimbursementforengineeringcostsinyearone
Reimbursementforengineeringcostsinyearone
7000000 USD
CY2015Q4 vc Rentandroyalties
Rentandroyalties
33000000 USD
CY2016Q4 vc Rentandroyalties
Rentandroyalties
23000000 USD
CY2015Q4 vc Restricted Net Assets Consolidated Affiliates
RestrictedNetAssetsConsolidatedAffiliates
156000000 USD
CY2016Q4 vc Restricted Net Assets Consolidated Affiliates
RestrictedNetAssetsConsolidatedAffiliates
164000000 USD
CY2015Q4 vc Restricted Net Assets Non Consolidated Affiliates
RestrictedNetAssetsNonConsolidatedAffiliates
56000000 USD
CY2016Q4 vc Restricted Net Assets Non Consolidated Affiliates
RestrictedNetAssetsNonConsolidatedAffiliates
45000000 USD
CY2014 vc Restructuringchargesincludingdiscontinuedoperations
Restructuringchargesincludingdiscontinuedoperations
71000000 USD
CY2015 vc Restructuringchargesincludingdiscontinuedoperations
Restructuringchargesincludingdiscontinuedoperations
42000000 USD
CY2016 vc Restructuringchargesincludingdiscontinuedoperations
Restructuringchargesincludingdiscontinuedoperations
57000000 USD
CY2014 vc Restructuringliabilitiestransferredinthebusinessdivestiture
Restructuringliabilitiestransferredinthebusinessdivestiture
-3000000 USD
CY2015 vc Restructuringliabilitiestransferredinthebusinessdivestiture
Restructuringliabilitiestransferredinthebusinessdivestiture
-1000000 USD
CY2014 vc Shorttermcashinvestmentsnet
Shorttermcashinvestmentsnet
0 USD
CY2015 vc Shorttermcashinvestmentsnet
Shorttermcashinvestmentsnet
47000000 USD
CY2016 vc Shorttermcashinvestmentsnet
Shorttermcashinvestmentsnet
-47000000 USD
CY2016 vc Stock Based Compensation Performance Based Units Vesting Percentage Based On Relative Total Shareholder Return High End
StockBasedCompensationPerformanceBasedUnitsVestingPercentageBasedOnRelativeTotalShareholderReturnHighEnd
1.50
CY2016 vc Stock Based Compensation Performance Based Units Vesting Percentage Based On Relative Total Shareholder Return Low End
StockBasedCompensationPerformanceBasedUnitsVestingPercentageBasedOnRelativeTotalShareholderReturnLowEnd
0
CY2014 vc Stockwarrantandoptionexercises
Stockwarrantandoptionexercises
17000000 USD
CY2015 vc Stockwarrantandoptionexercises
Stockwarrantandoptionexercises
40000000 USD
CY2016 vc Stockwarrantandoptionexercises
Stockwarrantandoptionexercises
0 USD
CY2014 vc Transformation Costs
TransformationCosts
22000000 USD
CY2015 vc Transformation Costs
TransformationCosts
25000000 USD
CY2016 vc Transformation Costs
TransformationCosts
9000000 USD
CY2016 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;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 period amounts have been reclassified to conform to current period presentation. </font></div></div>
CY2016 us-gaap Property Plant And Equipment Preproduction Design And Development Costs
PropertyPlantAndEquipmentPreproductionDesignAndDevelopmentCosts
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Contractually Reimbursable Engineering Costs:</font><font style="font-family:inherit;font-size:10pt;"> Engineering, testing and other costs incurred in the design and development of production parts are expensed as incurred, unless the costs reimbursement is contractually guaranteed in a customer contract for which costs are capitalized as an asset as incurred and subsequently reduced upon lump sum or piece price recoveries. </font></div></div>
CY2016 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;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 GAAP requires management to make estimates and assumptions that affect amounts reported herein. Considerable judgment is involved in making these determinations and the use of different estimates or assumptions could result in significantly different results. Management believes its assumptions and estimates are reasonable and appropriate. However, actual results could differ from those reported herein. </font></div></div>

Files In Submission

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0001111335-17-000003-index-headers.html Edgar Link pending
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