2017 Q4 Form 10-K Financial Statement

#000111133518000004 Filed on February 22, 2018

View on sec.gov

Income Statement

Concept 2017 Q4 2016 Q4 2016 Q3
Revenue $797.0M $816.0M $770.0M
YoY Change -2.33% 0.87% -4.7%
Cost Of Revenue $660.0M $687.0M $665.0M
YoY Change -3.93% -1.15% -5.41%
Gross Profit $137.0M $129.0M $105.0M
YoY Change 6.2% 13.16% 0.0%
Gross Profit Margin 17.19% 15.81% 13.64%
Selling, General & Admin $65.00M $57.00M $53.00M
YoY Change 14.04% -9.52% -10.17%
% of Gross Profit 47.45% 44.19% 50.48%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $25.00M $22.00M $16.00M
YoY Change 13.64% 0.0% -5.88%
% of Gross Profit 18.25% 17.05% 15.24%
Operating Expenses $62.00M $64.00M $53.00M
YoY Change -3.13% 33.33% -10.17%
Operating Profit $75.00M $65.00M $52.00M
YoY Change 15.38% -1.52% 13.04%
Interest Expense -$3.000M -$3.000M $6.000M
YoY Change 0.0% -123.08% 100.0%
% of Operating Profit -4.0% -4.62% 11.54%
Other Income/Expense, Net $11.00M
YoY Change
Pretax Income $35.00M $34.00M $30.00M
YoY Change 2.94% -140.48% -3.23%
Income Tax $55.00M $3.000M $5.000M
% Of Pretax Income 157.14% 8.82% 16.67%
Net Earnings $30.00M $6.000M $28.00M
YoY Change 400.0% -75.0% 460.0%
Net Earnings / Revenue 3.76% 0.74% 3.64%
Basic Earnings Per Share $0.81 $0.06 $0.83
Diluted Earnings Per Share $0.79 $0.06 $0.81
COMMON SHARES
Basic Shares Outstanding 31.10M shares 34.01M shares 34.00M shares
Diluted Shares Outstanding 34.40M shares

Balance Sheet

Concept 2017 Q4 2016 Q4 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $706.0M $878.0M $850.0M
YoY Change -19.59% -68.36% -70.81%
Cash & Equivalents $706.0M $878.0M $850.0M
Short-Term Investments $0.00 $0.00
Other Short-Term Assets $175.0M $170.0M $200.0M
YoY Change 2.94% -70.74% 1.01%
Inventory $189.0M $151.0M $176.0M
Prepaid Expenses $36.00M $35.00M $36.00M
Receivables $530.0M $505.0M $497.0M
Other Receivables $122.0M $117.0M $125.0M
Total Short-Term Assets $1.603B $1.708B $1.727B
YoY Change -6.15% -57.86% -55.62%
LONG-TERM ASSETS
Property, Plant & Equipment $377.0M $345.0M $342.0M
YoY Change 9.28% -1.71% 0.29%
Goodwill $47.00M $45.00M
YoY Change 4.44% 12.5%
Intangibles $85.00M
YoY Change
Long-Term Investments $41.00M $40.00M $42.00M
YoY Change 2.5% -11.11% -10.64%
Other Assets $151.0M $146.0M $120.0M
YoY Change 3.42% 65.91% -72.41%
Total Long-Term Assets $701.0M $665.0M $646.0M
YoY Change 5.41% 5.89% -33.74%
TOTAL ASSETS
Total Short-Term Assets $1.603B $1.708B $1.727B
Total Long-Term Assets $701.0M $665.0M $646.0M
Total Assets $2.304B $2.373B $2.373B
YoY Change -2.91% -49.31% -51.23%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $470.0M $463.0M $429.0M
YoY Change 1.51% -3.94% -15.22%
Accrued Expenses $115.0M $103.0M $108.0M
YoY Change 11.65% -21.97% -11.48%
Deferred Revenue
YoY Change
Short-Term Debt $44.00M $33.00M $23.00M
YoY Change 33.33% -2.94% -25.81%
Long-Term Debt Due $2.000M $3.000M $1.000M
YoY Change -33.33% 0.0% -50.0%
Total Short-Term Liabilities $801.0M $911.0M $869.0M
YoY Change -12.07% -67.14% -9.38%
LONG-TERM LIABILITIES
Long-Term Debt $347.0M $346.0M $347.0M
YoY Change 0.29% 0.0% -0.57%
Other Long-Term Liabilities $95.00M $69.00M $82.00M
YoY Change 37.68% -8.0% -63.23%
Total Long-Term Liabilities $442.0M $415.0M $429.0M
YoY Change 6.51% -1.43% -25.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $801.0M $911.0M $869.0M
Total Long-Term Liabilities $442.0M $415.0M $429.0M
Total Liabilities $1.243B $1.326B $1.298B
YoY Change -6.26% -58.47% -15.22%
SHAREHOLDERS EQUITY
Retained Earnings $1.445B $1.269B $1.267B
YoY Change 13.87% 6.28% -56.67%
Common Stock $1.000M $1.000M $1.000M
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.974B $1.778B $1.699B
YoY Change 11.02% 37.51% 41.58%
Treasury Stock Shares 24.14M shares 22.21M shares
Shareholders Equity $637.0M $586.0M $648.0M
YoY Change
Total Liabilities & Shareholders Equity $2.304B $2.373B $2.373B
YoY Change -2.91% -49.31% -51.23%

Cashflow Statement

Concept 2017 Q4 2016 Q4 2016 Q3
OPERATING ACTIVITIES
Net Income $30.00M $6.000M $28.00M
YoY Change 400.0% -75.0% 460.0%
Depreciation, Depletion And Amortization $25.00M $22.00M $16.00M
YoY Change 13.64% 0.0% -5.88%
Cash From Operating Activities $86.00M $82.00M $24.00M
YoY Change 4.88% 28.13% -65.71%
INVESTING ACTIVITIES
Capital Expenditures -$30.00M -$19.00M -$19.00M
YoY Change 57.89% -47.22% -34.48%
Acquisitions
YoY Change
Other Investing Activities -$48.00M -$18.00M $0.00
YoY Change 166.67% -86.86% -100.0%
Cash From Investing Activities -$78.00M -$37.00M -$19.00M
YoY Change 110.81% -78.61% -73.97%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -36.00M -2.000M -2.000M
YoY Change 1700.0% -86.67% -120.0%
NET CHANGE
Cash From Operating Activities 86.00M 82.00M 24.00M
Cash From Investing Activities -78.00M -37.00M -19.00M
Cash From Financing Activities -36.00M -2.000M -2.000M
Net Change In Cash -28.00M 43.00M 3.000M
YoY Change -165.12% -134.68% -57.14%
FREE CASH FLOW
Cash From Operating Activities $86.00M $82.00M $24.00M
Capital Expenditures -$30.00M -$19.00M -$19.00M
Free Cash Flow $116.0M $101.0M $43.00M
YoY Change 14.85% 1.0% -56.57%

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CY2017 us-gaap Disposal Group Including Discontinued Operation Depreciation And Amortization
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5000000 USD
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160000000 USD
CY2016 us-gaap Disposal Group Including Discontinued Operation Gross Profit Loss
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CY2017 us-gaap Disposal Group Including Discontinued Operation Gross Profit Loss
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2000000 USD
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45000000 USD
CY2017 us-gaap Disposal Group Including Discontinued Operation Revenue
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CY2016 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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CY2015 us-gaap Dividend Payable Date To Be Paid Day Month And Year
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2016-01-22
us-gaap Dividend Payable Date To Be Paid Day Month And Year
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1750000000 USD
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10000000 USD
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2015-12-09
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2016-01-15
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us-gaap Dividends Share Based Compensation
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1.43
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52.63
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0.49
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0.76
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0.81
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0.06
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EarningsPerShareDiluted
2.12
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1.91
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1.41
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1.35
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5.47
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19000000 USD
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0.35
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6000000 USD
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17000000 USD
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0.50
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0.50
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5000000 USD
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51000000 USD
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64000000 USD
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10000000 USD
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16000000 USD
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10000000 USD
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10000000 USD
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45000000 USD
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47000000 USD
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430000000 USD
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129000000 USD
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15000000 USD
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81000000 USD
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100000000 USD
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1000000 USD
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23000000 USD
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43000000 USD
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69000000 USD
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49000000 USD
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48000000 USD
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30000000 USD
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34000000 USD
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161000000 USD
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75000000 USD
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58000000 USD
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55000000 USD
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35000000 USD
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223000000 USD
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62000000 USD
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159000000 USD
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216000000 USD
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42000000 USD
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36000000 USD
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39000000 USD
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25000000 USD
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31000000 USD
CY2016 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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131000000 USD
CY2017Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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59000000 USD
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48000000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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47000000 USD
CY2017Q4 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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21000000 USD
CY2017 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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175000000 USD
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0.52
CY2016 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
3.28
CY2017 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
5.03
CY2015 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.51
CY2016 us-gaap Income Loss From Continuing Operations Per Diluted Share
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3.25
CY2017 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
4.94
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2286000000 USD
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-40000000 USD
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17000000 USD
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24000000 USD
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
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0 USD
CY2017 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
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0 USD
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2262000000 USD
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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CY2017 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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22000000 USD
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56000000 USD
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10000000 USD
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45000000 USD
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41000000 USD
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10000000 USD
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1000000 USD
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47000000 USD
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21000000 USD
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41000000 USD
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187000000 USD
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75000000 USD
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99000000 USD
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50000000 shares
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50000000 shares
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0 shares
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
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0 shares
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CY2017Q4 us-gaap Preferred Stock Value
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35000000 USD
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36000000 USD
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2664000000 USD
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356000000 USD
CY2017 us-gaap Proceeds From Divestiture Of Interest In Subsidiaries And Affiliates
ProceedsFromDivestitureOfInterestInSubsidiariesAndAffiliates
0 USD
CY2015 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1000000 USD
CY2016 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
CY2017 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-3000000 USD
CY2015 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
2000000 USD
CY2017 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
10000000 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
CY2017 us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
15000000 USD
CY2016Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
55000000 USD
CY2017Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
49000000 USD
CY2016Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
43000000 USD
CY2017Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
33000000 USD
CY2016Q4 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
12000000 USD
CY2017Q4 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
16000000 USD
CY2017 us-gaap Product Warranty Accrual Period Increase Decrease
ProductWarrantyAccrualPeriodIncreaseDecrease
20000000 USD
CY2016 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
6000000 USD
CY2017 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
4000000 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
CY2017Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
24000000 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
CY2017Q1 us-gaap Profit Loss
ProfitLoss
67000000 USD
CY2017Q2 us-gaap Profit Loss
ProfitLoss
48000000 USD
CY2017Q3 us-gaap Profit Loss
ProfitLoss
47000000 USD
CY2017Q4 us-gaap Profit Loss
ProfitLoss
30000000 USD
CY2017 us-gaap Profit Loss
ProfitLoss
192000000 USD
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
536000000 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
622000000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
345000000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
377000000 USD
CY2015 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
4000000 USD
CY2016 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2000000 USD
CY2017 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3000000 USD
CY2016 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
3000000 USD
CY2017 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
5000000 USD
CY2016 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
63000000 USD
CY2017 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
64000000 USD
CY2015 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
250000000 USD
CY2016 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
2000000 USD
CY2017 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
2000000 USD
CY2015 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
294000000 USD
CY2016 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
295000000 USD
CY2017 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
253000000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
4000000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
3000000 USD
CY2015 us-gaap Restructuring Charges
RestructuringCharges
36000000 USD
CY2016 us-gaap Restructuring Charges
RestructuringCharges
49000000 USD
CY2017 us-gaap Restructuring Charges
RestructuringCharges
14000000 USD
CY2016Q4 us-gaap Restructuring Reserve
RestructuringReserve
40000000 USD
CY2017Q4 us-gaap Restructuring Reserve
RestructuringReserve
24000000 USD
CY2015 us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
-4000000 USD
CY2016 us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
-4000000 USD
CY2017 us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
-5000000 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
CY2015 us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
-4000000 USD
CY2016 us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
-1000000 USD
CY2017 us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
2000000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1269000000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1445000000 USD
CY2016 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
41000000 USD
CY2017 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
52000000 USD
CY2016Q4 us-gaap Sale Leaseback Transaction Deferred Gain Net
SaleLeasebackTransactionDeferredGainNet
15000000 USD
CY2017Q4 us-gaap Sale Leaseback Transaction Deferred Gain Net
SaleLeasebackTransactionDeferredGainNet
14000000 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
CY2017Q1 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
810000000 USD
CY2017Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
774000000 USD
CY2017Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
765000000 USD
CY2017Q4 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
797000000 USD
CY2017 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
3146000000 USD
CY2016Q4 us-gaap Secured Debt Current
SecuredDebtCurrent
3000000 USD
CY2017Q4 us-gaap Secured Debt Current
SecuredDebtCurrent
2000000 USD
CY2015 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
245000000 USD
CY2016 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
220000000 USD
CY2017 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
222000000 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
8000000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
8000000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
12000000 USD
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
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
83.66
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
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
94.73
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
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
87.09
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
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
83.46
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
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
1000000 USD
CY2017Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
174000 shares
CY2016Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
33000000 USD
CY2017Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
44000000 USD
CY2016 us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-2000000 USD
CY2017 us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
2000000 USD
CY2015 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
34000000 USD
CY2017Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
200000000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
586000000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
637000000 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
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
761000000 USD
CY2017Q1 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
-2000000 USD
CY2017 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
-10000000 USD
CY2017 us-gaap Treasury Stock Acquired Repurchase Authorization
TreasuryStockAcquiredRepurchaseAuthorization
500
CY2016Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
22211410 shares
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
24141088 shares
CY2016Q4 us-gaap Treasury Stock Value
TreasuryStockValue
1778000000 USD
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
1974000000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
2000000000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
37000000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
35000000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
18000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
2000000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
18000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
7000000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
3000000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
4000000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
3000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
4000000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
3000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
3000000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
12000000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
9000000 USD
CY2017Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
1200000000 USD
CY2016Q4 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
60000000 USD
CY2017Q4 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
56000000 USD
CY2016Q4 us-gaap Value Added Tax Receivable Noncurrent
ValueAddedTaxReceivableNoncurrent
34000000 USD
CY2017Q4 us-gaap Value Added Tax Receivable Noncurrent
ValueAddedTaxReceivableNoncurrent
35000000 USD
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
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32200000 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
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31600000 shares
CY2015 vc Accelerated Share Repurchase Aggregate Purchase Price
AcceleratedShareRepurchaseAggregatePurchasePrice
500000000 USD
CY2016 vc Accelerated Share Repurchase Aggregate Purchase Price
AcceleratedShareRepurchaseAggregatePurchasePrice
500000000 USD
vc Accelerated Share Repurchase Aggregate Purchase Price
AcceleratedShareRepurchaseAggregatePurchasePrice
125000000 USD
CY2017 vc Accelerated Share Repurchase Aggregate Purchase Price
AcceleratedShareRepurchaseAggregatePurchasePrice
75000000 USD
CY2017Q1 vc Acceleratedsharerepurchaseinitialstockdelivery
Acceleratedsharerepurchaseinitialstockdelivery
1062022 shares
CY2017Q2 vc Acceleratedsharerepurchaseinitialstockdelivery
Acceleratedsharerepurchaseinitialstockdelivery
238344 shares
vc Acceleratedsharerepurchaseinitialstockdelivery
Acceleratedsharerepurchaseinitialstockdelivery
1300366 shares
CY2017 vc Acceleratedsharerepurchaseinitialstockdelivery
Acceleratedsharerepurchaseinitialstockdelivery
677778 shares
CY2015 vc Adjusted Ebitda
AdjustedEBITDA
282000000 USD
CY2016 vc Adjusted Ebitda
AdjustedEBITDA
337000000 USD
CY2017 vc Adjusted Ebitda
AdjustedEBITDA
370000000 USD
CY2015 vc Adjustments To Ebitda For Discontinued Operations
AdjustmentsToEbitdaForDiscontinuedOperations
-2286000000 USD
CY2016 vc Adjustments To Ebitda For Discontinued Operations
AdjustmentsToEbitdaForDiscontinuedOperations
40000000 USD
CY2017 vc Adjustments To Ebitda For Discontinued Operations
AdjustmentsToEbitdaForDiscontinuedOperations
-17000000 USD
CY2017Q2 vc Amended Loc Agreement Facility Capacity
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15000000 USD
CY2017Q3 vc Amended Loc Agreement Facility Capacity
AmendedLocAgreementFacilityCapacity
5000000 USD
CY2003 vc Amountof Bonds Issuedbythe Charter Townshipof Van Buren Michigan
AmountofBondsIssuedbytheCharterTownshipofVanBurenMichigan
28000000 USD
CY2017 vc Annual Limitations Under Irc Section382 And383
AnnualLimitationsUnderIrcSection382And383
120000000 USD
vc Bonuspaymentsrelatedto Climate Transaction
BonuspaymentsrelatedtoClimateTransaction
30000000 USD
vc Bonuspaymentsrelatedto Climate Transaction
BonuspaymentsrelatedtoClimateTransaction
12000000 USD
CY2017 vc Cashcontribution France Transaction
CashcontributionFranceTransaction
13000000 USD
CY2016Q4 vc Contractualengineeringcostrecoveriescurrent
Contractualengineeringcostrecoveriescurrent
7000000 USD
CY2017Q4 vc Contractualengineeringcostrecoveriescurrent
Contractualengineeringcostrecoveriescurrent
14000000 USD
CY2016Q4 vc Contractualengineeringcostrecoveriesnoncurrent
Contractualengineeringcostrecoveriesnoncurrent
11000000 USD
CY2017Q4 vc Contractualengineeringcostrecoveriesnoncurrent
Contractualengineeringcostrecoveriesnoncurrent
24000000 USD
CY2016Q4 vc Deferred Tax Assets Capitalized Expenditures For Tax Reporting
DeferredTaxAssetsCapitalizedExpendituresForTaxReporting
15000000 USD
CY2017Q4 vc Deferred Tax Assets Capitalized Expenditures For Tax Reporting
DeferredTaxAssetsCapitalizedExpendituresForTaxReporting
3000000 USD
CY2016 vc Defined Benefit Plan Methodologychangeforfuturenetbenefitcost
DefinedBenefitPlanMethodologychangeforfuturenetbenefitcost
6000000 USD
CY2017 vc Defined Contribution Plan Employer Match Of First Six Percent Employee Contribution
DefinedContributionPlanEmployerMatchOfFirstSixPercentEmployeeContribution
1
CY2015 vc Depreciation And Amortization Expense
DepreciationAndAmortizationExpense
70000000 USD
CY2016 vc Depreciation And Amortization Expense
DepreciationAndAmortizationExpense
69000000 USD
CY2017 vc Depreciation And Amortization Expense
DepreciationAndAmortizationExpense
74000000 USD
CY2015 vc Depreciationand Amortization Expensesfor Continuing Operations
DepreciationandAmortizationExpensesforContinuingOperations
85000000 USD
CY2016 vc Depreciationand Amortization Expensesfor Continuing Operations
DepreciationandAmortizationExpensesforContinuingOperations
84000000 USD
CY2017 vc Depreciationand Amortization Expensesfor Continuing Operations
DepreciationandAmortizationExpensesforContinuingOperations
87000000 USD
CY2015 vc Disposal Group Including Discontinued Operation Equityinnetincomeofnonconsolidatedaffiliates
DisposalGroupIncludingDiscontinuedOperationEquityinnetincomeofnonconsolidatedaffiliates
6000000 USD
CY2016 vc Disposal Group Including Discontinued Operation Equityinnetincomeofnonconsolidatedaffiliates
DisposalGroupIncludingDiscontinuedOperationEquityinnetincomeofnonconsolidatedaffiliates
0 USD
CY2017 vc Disposal Group Including Discontinued Operation Equityinnetincomeofnonconsolidatedaffiliates
DisposalGroupIncludingDiscontinuedOperationEquityinnetincomeofnonconsolidatedaffiliates
0 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
CY2017 vc Disposal Group Including Discontinued Operations Restructuring Expenses
DisposalGroupIncludingDiscontinuedOperationsRestructuringExpenses
0 USD
CY2015 vc Disposalgroupincludingdiscontinuedoperationscapitalexpenditures
Disposalgroupincludingdiscontinuedoperationscapitalexpenditures
81000000 USD
CY2016 vc Disposalgroupincludingdiscontinuedoperationscapitalexpenditures
Disposalgroupincludingdiscontinuedoperationscapitalexpenditures
1000000 USD
CY2017 vc Disposalgroupincludingdiscontinuedoperationscapitalexpenditures
Disposalgroupincludingdiscontinuedoperationscapitalexpenditures
0 USD
CY2016Q4 vc Distribution Payable
DistributionPayable
15000000 USD
CY2017Q4 vc Distribution Payable
DistributionPayable
14000000 USD
CY2015 vc Effective Income Tax Rate Reconciliation Berlindivestiture
EffectiveIncomeTaxRateReconciliationBerlindivestiture
48000000 USD
CY2016 vc Effective Income Tax Rate Reconciliation Berlindivestiture
EffectiveIncomeTaxRateReconciliationBerlindivestiture
0 USD
CY2017 vc Effective Income Tax Rate Reconciliation Berlindivestiture
EffectiveIncomeTaxRateReconciliationBerlindivestiture
0 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
CY2017 vc Effective Income Tax Rate Reconciliation Non Us Withholding Taxes
EffectiveIncomeTaxRateReconciliationNonUSWithholdingTaxes
15000000 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
CY2017 vc Effective Income Tax Rate Reconciliation Worthless Stock Deduction
EffectiveIncomeTaxRateReconciliationWorthlessStockDeduction
0 USD
CY2016Q4 vc Employee Related Liabilities Noncurrent
EmployeeRelatedLiabilitiesNoncurrent
303000000 USD
CY2017Q4 vc Employee Related Liabilities Noncurrent
EmployeeRelatedLiabilitiesNoncurrent
277000000 USD
CY2015 vc Equityinnetincomeofnonconsolidatedaffiliates
Equityinnetincomeofnonconsolidatedaffiliates
7000000 USD
CY2016 vc Equityinnetincomeofnonconsolidatedaffiliates
Equityinnetincomeofnonconsolidatedaffiliates
2000000 USD
CY2017 vc Equityinnetincomeofnonconsolidatedaffiliates
Equityinnetincomeofnonconsolidatedaffiliates
7000000 USD
CY2015 vc Gainonnonconsolidatedaffiliatetransactions
Gainonnonconsolidatedaffiliatetransactions
62000000 USD
CY2016 vc Gainonnonconsolidatedaffiliatetransactions
Gainonnonconsolidatedaffiliatetransactions
0 USD
CY2017 vc Gainonnonconsolidatedaffiliatetransactions
Gainonnonconsolidatedaffiliatetransactions
4000000 USD
CY2015 vc Gainonrepurchaseof Indiaoperations
GainonrepurchaseofIndiaoperations
0 USD
CY2016 vc Gainonrepurchaseof Indiaoperations
GainonrepurchaseofIndiaoperations
0 USD
CY2017 vc Gainonrepurchaseof Indiaoperations
GainonrepurchaseofIndiaoperations
7000000 USD
vc Increaseof Authorized Stock Repurchase Amount
IncreaseofAuthorizedStockRepurchaseAmount
2000000000 USD
CY2017Q1 vc Increaseof Authorized Stock Repurchase Amount
IncreaseofAuthorizedStockRepurchaseAmount
400000000 USD
CY2016Q4 vc Intangible Assets Gross Including Goodwill
IntangibleAssetsGrossIncludingGoodwill
180000000 USD
CY2017Q4 vc Intangible Assets Gross Including Goodwill
IntangibleAssetsGrossIncludingGoodwill
196000000 USD
CY2016Q4 vc Jointventurepayables
Jointventurepayables
22000000 USD
CY2017Q4 vc Jointventurepayables
Jointventurepayables
12000000 USD
CY2017Q4 vc Korean Capital Gains Withholding Tax
KoreanCapitalGainsWithholdingTax
356000000 USD
CY2017 vc Loc Collateral Percentagefordrawsinthe U.S.Dollars
LOCCollateralPercentagefordrawsintheU.S.dollars
1.03
CY2017 vc Lo Ccollateralpercentagefordrawsinnon U.S.Currencies
LOCcollateralpercentagefordrawsinnonU.S.currencies
1.10
CY2015 vc Loanstononconsolidatedaffiliatesnetofrepayments
Loanstononconsolidatedaffiliatesnetofrepayments
9000000 USD
CY2016 vc Loanstononconsolidatedaffiliatesnetofrepayments
Loanstononconsolidatedaffiliatesnetofrepayments
8000000 USD
CY2017 vc Loanstononconsolidatedaffiliatesnetofrepayments
Loanstononconsolidatedaffiliatesnetofrepayments
0 USD
CY2015 vc Lossesondivestituresandimpairments
Lossesondivestituresandimpairments
121000000 USD
CY2016 vc Lossesondivestituresandimpairments
Lossesondivestituresandimpairments
22000000 USD
CY2017 vc Lossesondivestituresandimpairments
Lossesondivestituresandimpairments
33000000 USD
CY2015 vc Lossonassetcontribution
Lossonassetcontribution
1000000 USD
CY2016 vc Lossonassetcontribution
Lossonassetcontribution
2000000 USD
CY2017 vc Lossonassetcontribution
Lossonassetcontribution
0 USD
CY2015 vc Noncontrollinginterestdecreasefrombusinessdivestiture
Noncontrollinginterestdecreasefrombusinessdivestiture
785000000 USD
CY2016Q2 vc Numberof Participantsinannuitypurchase
NumberofParticipantsinannuitypurchase
52
CY2015 vc Paymentsassociatedwithbusinessdivestiture
Paymentsassociatedwithbusinessdivestiture
157000000 USD
CY2016 vc Paymentsassociatedwithbusinessdivestiture
Paymentsassociatedwithbusinessdivestiture
10000000 USD
CY2017 vc Paymentsassociatedwithbusinessdivestiture
Paymentsassociatedwithbusinessdivestiture
48000000 USD
CY2014Q4 vc Productwarrantyaccrualincludingheldforsale
Productwarrantyaccrualincludingheldforsale
38000000 USD
CY2016Q4 vc Productwarrantyaccrualincludingheldforsale
Productwarrantyaccrualincludingheldforsale
55000000 USD
CY2016 vc Productwarrantyaccrualrecoverablewarrantyorrecalls
Productwarrantyaccrualrecoverablewarrantyorrecalls
2000000 USD
CY2017 vc Productwarrantyaccrualrecoverablewarrantyorrecalls
Productwarrantyaccrualrecoverablewarrantyorrecalls
3000000 USD
CY2016 vc Productwarrantyaccrualspecificactionincreasedecrease
Productwarrantyaccrualspecificactionincreasedecrease
15000000 USD
CY2017 vc Productwarrantyaccrualspecificactionincreasedecrease
Productwarrantyaccrualspecificactionincreasedecrease
6000000 USD
CY2016Q4 vc Property And Equipment Net Before Tooling
PropertyAndEquipmentNetBeforeTooling
326000000 USD
CY2017Q4 vc Property And Equipment Net Before Tooling
PropertyAndEquipmentNetBeforeTooling
353000000 USD
CY2015 vc Provisionoflossesonrecoverabletaxes
Provisionoflossesonrecoverabletaxes
0 USD
CY2016 vc Provisionoflossesonrecoverabletaxes
Provisionoflossesonrecoverabletaxes
-1000000 USD
CY2017 vc Provisionoflossesonrecoverabletaxes
Provisionoflossesonrecoverabletaxes
0 USD
CY2016Q4 vc Receivables For Customer Owned Production Tooling
ReceivablesForCustomerOwnedProductionTooling
14000000 USD
CY2017Q4 vc Receivables For Customer Owned Production Tooling
ReceivablesForCustomerOwnedProductionTooling
18000000 USD
CY2017 vc Reimbursementforengineeringcostsexpectedinyearfiveandbeyond
Reimbursementforengineeringcostsexpectedinyearfiveandbeyond
4000000 USD
CY2017 vc Reimbursementforengineeringcostsexpectedinyearfour
Reimbursementforengineeringcostsexpectedinyearfour
2000000 USD
CY2017 vc Reimbursementforengineeringcostsexpectedinyearthree
Reimbursementforengineeringcostsexpectedinyearthree
2000000 USD
CY2017 vc Reimbursementforengineeringcostsexpectedinyeartwo
Reimbursementforengineeringcostsexpectedinyeartwo
16000000 USD
CY2017 vc Reimbursementof Engineeringcostsinfollowingyear
ReimbursementofEngineeringcostsinfollowingyear
14000000 USD
CY2016Q4 vc Rentandroyalties
Rentandroyalties
23000000 USD
CY2017Q4 vc Rentandroyalties
Rentandroyalties
24000000 USD
CY2016Q4 vc Restricted Net Assets Consolidated Affiliates
RestrictedNetAssetsConsolidatedAffiliates
164000000 USD
CY2017Q4 vc Restricted Net Assets Consolidated Affiliates
RestrictedNetAssetsConsolidatedAffiliates
179000000 USD
CY2016Q4 vc Restricted Net Assets Non Consolidated Affiliates
RestrictedNetAssetsNonConsolidatedAffiliates
45000000 USD
CY2017Q4 vc Restricted Net Assets Non Consolidated Affiliates
RestrictedNetAssetsNonConsolidatedAffiliates
41000000 USD
CY2015 vc Restructuringchargesincludingdiscontinuedoperations
Restructuringchargesincludingdiscontinuedoperations
42000000 USD
CY2016 vc Restructuringchargesincludingdiscontinuedoperations
Restructuringchargesincludingdiscontinuedoperations
57000000 USD
CY2017 vc Restructuringchargesincludingdiscontinuedoperations
Restructuringchargesincludingdiscontinuedoperations
19000000 USD
CY2015 vc Restructuringchargesnetofreversals
Restructuringchargesnetofreversals
63000000 USD
CY2016 vc Restructuringchargesnetofreversals
Restructuringchargesnetofreversals
53000000 USD
CY2017 vc Restructuringchargesnetofreversals
Restructuringchargesnetofreversals
14000000 USD
CY2015 vc Restructuringliabilitiestransferredinthebusinessdivestiture
Restructuringliabilitiestransferredinthebusinessdivestiture
-1000000 USD
CY2015 vc Shorttermcashinvestmentsnet
Shorttermcashinvestmentsnet
47000000 USD
CY2016 vc Shorttermcashinvestmentsnet
Shorttermcashinvestmentsnet
-47000000 USD
CY2017 vc Shorttermcashinvestmentsnet
Shorttermcashinvestmentsnet
0 USD
CY2017 vc Stock Based Compensation Performance Based Units Vesting Percentage Based On Relative Total Shareholder Return High End
StockBasedCompensationPerformanceBasedUnitsVestingPercentageBasedOnRelativeTotalShareholderReturnHighEnd
1.50
CY2017 vc Stock Based Compensation Performance Based Units Vesting Percentage Based On Relative Total Shareholder Return Low End
StockBasedCompensationPerformanceBasedUnitsVestingPercentageBasedOnRelativeTotalShareholderReturnLowEnd
0
CY2015 vc Stockwarrantandoptionexercises
Stockwarrantandoptionexercises
40000000 USD
CY2016 vc Stockwarrantandoptionexercises
Stockwarrantandoptionexercises
0 USD
CY2017 vc Stockwarrantandoptionexercises
Stockwarrantandoptionexercises
2000000 USD
CY2015 vc Transformation Costs
TransformationCosts
25000000 USD
CY2016 vc Transformation Costs
TransformationCosts
9000000 USD
CY2017 vc Transformation Costs
TransformationCosts
2000000 USD
CY2017 vc Unrecognized Tax Benefits Effect Of Exchange Rate Changes
UnrecognizedTaxBenefitsEffectOfExchangeRateChanges
-1000000 USD
CY2017 vc Workingcapitalandotherimpact France Transaction
WorkingcapitalandotherimpactFranceTransaction
7000000 USD
CY2017 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>
CY2017 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>
CY2017 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>

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