2017 Q4 Form 10-K Financial Statement

#000010337918000003 Filed on February 28, 2018

View on sec.gov

Income Statement

Concept 2017 Q4 2016 Q4 2016 Q3
Revenue $3.649B $3.038B $2.231B
YoY Change 20.14% -13.94% -8.07%
Cost Of Revenue $1.770B $1.693B $1.185B
YoY Change 4.53% -8.21% -6.0%
Gross Profit $1.879B $1.344B $1.046B
YoY Change 39.79% -20.22% -10.3%
Gross Profit Margin 51.5% 44.26% 46.88%
Selling, General & Admin $1.395B $1.026B $940.8M
YoY Change 35.9% -1.84% -0.66%
% of Gross Profit 74.22% 76.34% 89.95%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $82.90M $68.00M $69.50M
YoY Change 21.91% -1.45% 9.62%
% of Gross Profit 4.41% 5.06% 6.64%
Operating Expenses $1.395B $1.026B $940.8M
YoY Change 35.9% -1.84% -0.66%
Operating Profit $484.6M $282.4M $186.3M
YoY Change 71.59% -55.84% -14.95%
Interest Expense -$23.60M -$23.20M -$22.00M
YoY Change 1.72% 17.17% -1.79%
% of Operating Profit -4.87% -8.21% -11.81%
Other Income/Expense, Net -$1.902M -$1.097M $1.501M
YoY Change 73.38% -14.16% 123.36%
Pretax Income $460.2M $584.6M $174.5M
YoY Change -21.28% -5.35% -12.16%
Income Tax $533.1M $99.36M $38.04M
% Of Pretax Income 115.86% 17.0% 21.79%
Net Earnings -$90.27M $264.3M $51.02M
YoY Change -134.15% -42.52% -70.13%
Net Earnings / Revenue -2.47% 8.7% 2.29%
Basic Earnings Per Share -$0.23 $0.64 $0.12
Diluted Earnings Per Share -$0.23 $0.63 $0.12
COMMON SHARES
Basic Shares Outstanding 394.6M shares 413.5M shares 416.0M shares
Diluted Shares Outstanding 400.4M shares 419.2M shares 422.1M shares

Balance Sheet

Concept 2017 Q4 2016 Q4 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $563.0M $738.0M $676.0M
YoY Change -23.71% 30.16% 2.74%
Cash & Equivalents $434.2M $1.225B $676.3M
Short-Term Investments
Other Short-Term Assets $297.0M $293.9M $304.6M
YoY Change 1.05% 0.85% -31.31%
Inventory $1.707B $1.425B $1.668B
Prepaid Expenses
Receivables $1.430B $1.149B $1.121B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $4.378B $4.293B $4.068B
YoY Change 1.97% -10.03% 0.35%
LONG-TERM ASSETS
Property, Plant & Equipment $1.015B $896.0M $927.1M
YoY Change 13.25% -4.18% 1.22%
Goodwill $1.693B $1.555B $1.768B
YoY Change 8.88% -13.63% -1.63%
Intangibles $2.090B $3.095B $3.595B
YoY Change -32.49% -22.65% -9.44%
Long-Term Investments
YoY Change
Other Assets $783.7M $922.3M $899.8M
YoY Change -15.03% 42.58% 35.8%
Total Long-Term Assets $5.581B $5.446B $5.606B
YoY Change 2.47% -5.14% -2.05%
TOTAL ASSETS
Total Short-Term Assets $4.378B $4.293B $4.068B
Total Long-Term Assets $5.581B $5.446B $5.606B
Total Assets $9.959B $9.739B $9.674B
YoY Change 2.25% -7.36% -1.05%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $761.0M $620.2M $480.8M
YoY Change 22.7% 8.53% -2.89%
Accrued Expenses $1.147B $812.0M $720.4M
YoY Change 41.19% -8.82% -6.01%
Deferred Revenue
YoY Change
Short-Term Debt $729.4M $26.03M $1.404B
YoY Change 2702.2% -97.98% 21.23%
Long-Term Debt Due $0.00 $250.0M $4.000M
YoY Change -100.0% 1823.08% 33.33%
Total Short-Term Liabilities $2.744B $1.785B $2.661B
YoY Change 53.7% -35.72% 8.61%
LONG-TERM LIABILITIES
Long-Term Debt $2.152B $2.025B $1.401B
YoY Change 6.27% 43.52% -0.07%
Other Long-Term Liabilities $1.307B $885.8M $967.7M
YoY Change 47.51% -7.93% 1.85%
Total Long-Term Liabilities $3.459B $2.911B $967.7M
YoY Change 18.82% 202.56% 1.85%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.744B $1.785B $2.661B
Total Long-Term Liabilities $3.459B $2.911B $967.7M
Total Liabilities $6.239B $4.798B $5.026B
YoY Change 30.02% -6.86% 4.42%
SHAREHOLDERS EQUITY
Retained Earnings $1.024B $2.545B $2.276B
YoY Change -59.78% -14.48% -14.33%
Common Stock $3.622B $3.437B $3.373B
YoY Change 5.39% 4.68% 4.76%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares 0.000 shares 0.000 shares 0.000 shares
Shareholders Equity $3.720B $4.941B $4.648B
YoY Change
Total Liabilities & Shareholders Equity $9.959B $9.739B $9.674B
YoY Change 2.25% -7.36% -1.05%

Cashflow Statement

Concept 2017 Q4 2016 Q4 2016 Q3
OPERATING ACTIVITIES
Net Income -$90.27M $264.3M $51.02M
YoY Change -134.15% -42.52% -70.13%
Depreciation, Depletion And Amortization $82.90M $68.00M $69.50M
YoY Change 21.91% -1.45% 9.62%
Cash From Operating Activities $1.468B $30.60M $162.2M
YoY Change 4697.39% -139.08% 9.45%
INVESTING ACTIVITIES
Capital Expenditures -$56.90M -$61.80M -$57.30M
YoY Change -7.93% -13.32% -42.3%
Acquisitions
YoY Change
Other Investing Activities -$744.4M $112.3M -$700.0K
YoY Change -762.87% -1617.57%
Cash From Investing Activities -$801.4M $50.50M -$58.00M
YoY Change -1686.93% -164.01% -41.53%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.664B -13.10M 1.500M
YoY Change 12605.34% -121.23% -103.82%
NET CHANGE
Cash From Operating Activities 1.468B 30.60M 162.2M
Cash From Investing Activities -801.4M 50.50M -58.00M
Cash From Financing Activities -1.664B -13.10M 1.500M
Net Change In Cash -997.8M 68.00M 105.7M
YoY Change -1567.35% -171.2% 989.69%
FREE CASH FLOW
Cash From Operating Activities $1.468B $30.60M $162.2M
Capital Expenditures -$56.90M -$61.80M -$57.30M
Free Cash Flow $1.525B $92.40M $219.5M
YoY Change 1550.32% -1420.0% -11.31%

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P1Y
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CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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0 USD
CY2016 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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0 USD
CY2017 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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37296000 USD
CY2016 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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0 USD
CY2016 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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CY2017Q4 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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CY2016 us-gaap Income Tax Reconciliation Deductions
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0 USD
CY2017 us-gaap Income Tax Reconciliation Deductions
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CY2016 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2016 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2017 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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547489000 USD
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449650000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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495772000 USD
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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0 USD
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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19313000 USD
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CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
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20383000 USD
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24426000 USD
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23684000 USD
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434795000 USD
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331194000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable Trade
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14225000 USD
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28904000 USD
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CY2016 us-gaap Increase Decrease In Deferred Income Taxes
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4206000 USD
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460350000 USD
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175098000 USD
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37210000 USD
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6671000 shares
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4300000 USD
CY2016 us-gaap Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
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4500000 USD
CY2017 us-gaap Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
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4700000 USD
CY2017Q4 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
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4900000 USD
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1705171000 USD
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7152000 USD
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355941000 USD
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379627000 USD
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CY2017Q4 us-gaap Liabilities
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87961000 USD
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0 USD
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2039180000 USD
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2292900000 USD
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2193954000 USD
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2194000000 USD
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1671870000 USD
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0 USD
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0 USD
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500000000 USD
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CY2016 us-gaap Net Cash Provided By Used In Financing Activities
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CY2016 us-gaap Net Cash Provided By Used In Investing Activities
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CY2016 us-gaap Net Cash Provided By Used In Operating Activities
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CY2016 us-gaap Net Cash Provided By Used In Operating Activities
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CY2016Q4 us-gaap Net Income Loss
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CY2017Q4 us-gaap Net Income Loss
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OperatingIncomeLoss
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CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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CY2016Q4 us-gaap Other Accrued Liabilities Current
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CY2017Q4 us-gaap Other Assets Noncurrent
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CY2016 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
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CY2016 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
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CY2017 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
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202428000 USD
CY2016 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
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CY2016 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
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24382000 USD
CY2017 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
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-45950000 USD
CY2016 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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3038000 USD
CY2016 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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2584000 USD
CY2017 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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2646000 USD
CY2016 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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CY2016 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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269000 USD
CY2017 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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CY2016 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Before Tax
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4062000 USD
CY2016 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Before Tax
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50922000 USD
CY2017 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Before Tax
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0 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1759000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
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115323000 USD
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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-1571000 USD
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-43836000 USD
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-15208000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
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1177000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
0 USD
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
0 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesTax
-463000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesTax
0 USD
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesTax
0 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
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64976000 USD
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91764000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
107457000 USD
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
24067000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
25404000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
35092000 USD
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
3344000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-61966000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
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-65212000 USD
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
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-41440000 USD
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OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
89993000 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
90708000 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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-138716000 USD
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34668000 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
9672000 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
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-15636000 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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495000 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
0 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
0 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
195000 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
0 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
0 USD
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299243000 USD
CY2016 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
384413000 USD
CY2017 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
408030000 USD
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10860000 USD
CY2017Q4 us-gaap Other Investments
OtherInvestments
12697000 USD
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885825000 USD
CY2017Q4 us-gaap Other Liabilities Noncurrent
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1305613000 USD
CY2016 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
34784000 USD
CY2016 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
15232000 USD
CY2017 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
2006000 USD
CY2016 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1028000 USD
CY2016 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2002000 USD
CY2017 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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CY2016 us-gaap Other Restructuring Costs
OtherRestructuringCosts
1310000 USD
CY2017 us-gaap Other Restructuring Costs
OtherRestructuringCosts
4436000 USD
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26029000 USD
CY2017Q4 us-gaap Other Short Term Borrowings
OtherShortTermBorrowings
24384000 USD
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59720000 USD
CY2017Q4 us-gaap Other Sundry Liabilities Noncurrent
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79809000 USD
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PaymentsForCapitalImprovements
254501000 USD
CY2016 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
175840000 USD
CY2017 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
169553000 USD
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PaymentsForProceedsFromOtherInvestingActivities
5038000 USD
CY2016 us-gaap Payments For Proceeds From Other Investing Activities
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8331000 USD
CY2017 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
15948000 USD
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2538568000 USD
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732623000 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1000468000 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1200356000 USD
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PaymentsForRestructuring
1099000 USD
CY2017 us-gaap Payments For Restructuring
PaymentsForRestructuring
38227000 USD
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PaymentsOfDebtIssuanceCosts
1475000 USD
CY2016 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
6807000 USD
CY2017 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
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PaymentsOfDividendsCommonStock
565275000 USD
CY2016 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
635994000 USD
CY2017 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
684679000 USD
CY2016 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2016 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
740541000 USD
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PaymentsToAcquireSoftware
63283000 USD
CY2016 us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
44226000 USD
CY2017 us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
65177000 USD
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10669000 USD
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PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
27277000 USD
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PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
165642000 USD
CY2017Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
189191000 USD
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50900000 USD
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PreferredStockParOrStatedValuePerShare
1
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1
CY2016Q4 us-gaap Preferred Stock Shares Authorized
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25000000 shares
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2016Q4 us-gaap Prepaid Taxes
PrepaidTaxes
276473000 USD
CY2017Q4 us-gaap Prepaid Taxes
PrepaidTaxes
0 USD
CY2016 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
0 USD
CY2016 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
115983000 USD
CY2017 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
214968000 USD
CY2016 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2016 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
951817000 USD
CY2017 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2016 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
432262000 USD
CY2016 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-421069000 USD
CY2017 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
686453000 USD
CY2015Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
62288000 USD
CY2016Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
63114000 USD
CY2016Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
62872000 USD
CY2017Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
62566000 USD
CY2016 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
12006000 USD
CY2016 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
17283000 USD
CY2017 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
21171000 USD
CY2016Q1 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
13550000 USD
CY2016Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
12993000 USD
CY2017Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
12833000 USD
CY2016Q1 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
49564000 USD
CY2016Q4 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
49879000 USD
CY2017Q4 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
49733000 USD
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ProductWarrantyAccrualPayments
14136000 USD
CY2016 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
11956000 USD
CY2017 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
12654000 USD
CY2016 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
16673000 USD
CY2016 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
12022000 USD
CY2017 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
10584000 USD
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2233656000 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2457724000 USD
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895960000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
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1002700000 USD
CY2017Q4 us-gaap Purchase Obligation Due In Next Twelve Months
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1800000000 USD
CY2016 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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-1891000 USD
CY2016 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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-1490000 USD
CY2017 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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CY2016 us-gaap Repayments Of Long Term Debt
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3975000 USD
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13276000 USD
CY2017 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
254314000 USD
CY2016 us-gaap Restructuring Charges
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51705000 USD
CY2017 us-gaap Restructuring Charges
RestructuringCharges
27047000 USD
CY2016Q4 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
55100000 USD
CY2016 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
55099000 USD
CY2016 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
55100000 USD
CY2017Q4 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
27000000 USD
CY2017 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
27000000 USD
CY2017 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
27047000 USD
CY2016Q1 us-gaap Restructuring Reserve
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0 USD
CY2016Q4 us-gaap Restructuring Reserve
RestructuringReserve
50606000 USD
CY2017Q4 us-gaap Restructuring Reserve
RestructuringReserve
38200000 USD
CY2017Q4 us-gaap Restructuring Reserve
RestructuringReserve
38244000 USD
CY2017 us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
-2783000 USD
CY2016Q4 us-gaap Restructuring Reserve Current
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50677000 USD
CY2017Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
32438000 USD
CY2017 us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
1601000 USD
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RetainedEarningsAccumulatedDeficit
2545458000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1023745000 USD
CY2016 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
3747799000 USD
CY2016 us-gaap Revenues
Revenues
10996393000 USD
CY2016Q3 us-gaap Revenues
Revenues
2231203000 USD
CY2016Q4 us-gaap Revenues
Revenues
3218833000 USD
CY2016Q4 us-gaap Revenues
Revenues
3037543000 USD
CY2016 us-gaap Revenues
Revenues
11026147000 USD
CY2017Q2 us-gaap Revenues
Revenues
2500340000 USD
CY2017Q3 us-gaap Revenues
Revenues
2268620000 USD
CY2017Q3 us-gaap Revenues
Revenues
3392934000 USD
CY2017Q4 us-gaap Revenues
Revenues
3649283000 USD
CY2017 us-gaap Revenues
Revenues
11811177000 USD
CY2016 us-gaap Royalty Expense
RoyaltyExpense
4500000 USD
CY2016 us-gaap Royalty Expense
RoyaltyExpense
4500000 USD
CY2017 us-gaap Royalty Expense
RoyaltyExpense
4200000 USD
CY2016 us-gaap Royalty Revenue
RoyaltyRevenue
74350000 USD
CY2016 us-gaap Royalty Revenue
RoyaltyRevenue
68225000 USD
CY2017 us-gaap Royalty Revenue
RoyaltyRevenue
75482000 USD
CY2016 us-gaap Sales Revenue Net
SalesRevenueNet
10922043000 USD
CY2016 us-gaap Sales Revenue Net
SalesRevenueNet
10957922000 USD
CY2017 us-gaap Sales Revenue Net
SalesRevenueNet
11735695000 USD
CY2016 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
3988320000 USD
CY2017 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
4463146000 USD
CY2016 us-gaap Severance Costs1
SeveranceCosts1
50395000 USD
CY2017 us-gaap Severance Costs1
SeveranceCosts1
22611000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
73420000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
67762000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
81641000 USD
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.020
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.022
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.028
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.29
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.29
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.3
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.19
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.21
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.23
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.023
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.017
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.024
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.001
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.004
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.007
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.22
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.24
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.24
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
32735057 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
47.84
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
132800000 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
86600000 USD
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
106700000 USD
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
696792 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
60.90
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
3508940 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
13.72
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
12.08
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
9.90
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
315861000 USD
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
14780183 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
14250084 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
47.38
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
52.03
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
31.35
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
53.68
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P10Y
CY2017Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
229595000 USD
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y4M24D
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y8M12D
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
25900000 USD
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
26700000 USD
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
28000000 USD
CY2016 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
324100000 USD
CY2016 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
307300000 USD
CY2017 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
349100000 USD
CY2016Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
26029000 USD
CY2017Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
729384000 USD
CY2017Q4 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
27000000 USD
CY2016 us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-1711000 USD
CY2016 us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-308000 USD
CY2017 us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
1764000 USD
CY2017 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
3342247 shares
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
4940921000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
3719900000 USD
CY2016 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
0 USD
CY2016 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
8200000 USD
CY2017 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
17200000.0 USD
CY2017 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
24800000 USD
CY2016Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
0 shares
CY2016Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
0 shares
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
0 shares
CY2017 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
22200000.0 shares
CY2017 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1200000000 USD
CY2017Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
12560000 USD
CY2015Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
130823000 USD
CY2016Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
85046000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
185675000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
210078000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsDecreasesResultingFromForeignCurrencyTranslation
239000 USD
CY2017Q4 vfc Customer Discounts And Allowances
CustomerDiscountsAndAllowances
45483000 USD
CY2016 vfc Customers Accounting For Ten Percent Or More Of Net Revenue
CustomersAccountingForTenPercentOrMoreOfNetRevenue
0 Customer
CY2016 vfc Customers Accounting For Ten Percent Or More Of Net Revenue
CustomersAccountingForTenPercentOrMoreOfNetRevenue
0 Customer
CY2017 vfc Customers Accounting For Ten Percent Or More Of Net Revenue
CustomersAccountingForTenPercentOrMoreOfNetRevenue
0 Customer
CY2016Q4 vfc Deferred Compensation Liability At Fair Value
DeferredCompensationLiabilityAtFairValue
230900000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsDecreasesResultingFromForeignCurrencyTranslation
23000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
38782000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
6160000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
22442000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
13502000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
6937000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
1103000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
13470000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
121025000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
28049000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsIncreasesResultingFromForeignCurrencyTranslation
66000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
7584000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
9044000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
29776000 USD
CY2016 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
14308000 USD
CY2016 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
16320000 USD
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
9943000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
150534000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
178881000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
178900000 USD
CY2016 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
432079000 shares
CY2016 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
422081000 shares
CY2017 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
403559000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
425408000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
416103000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
399223000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
425408000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
416103000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
399223000 shares
CY2016Q4 vfc Accounts Receivable Reduction Related To Accounts Receivable Sold To Third Parties
AccountsReceivableReductionRelatedToAccountsReceivableSoldToThirdParties
209500000 USD
CY2017Q4 vfc Accounts Receivable Reduction Related To Accounts Receivable Sold To Third Parties
AccountsReceivableReductionRelatedToAccountsReceivableSoldToThirdParties
219100000 USD
CY2016 vfc Accounts Receivable Sold Gross
AccountsReceivableSoldGross
1333900000 USD
CY2017 vfc Accounts Receivable Sold Gross
AccountsReceivableSoldGross
1180700000 USD
CY2016Q4 vfc Accrued Freight Duties And Postage
AccruedFreightDutiesAndPostage
43008000 USD
CY2017Q4 vfc Accrued Freight Duties And Postage
AccruedFreightDutiesAndPostage
43487000 USD
CY2017Q4 vfc Accrued Income Taxes Noncurrent Transition Tax
AccruedIncomeTaxesNoncurrentTransitionTax
430400000 USD
CY2017Q4 vfc Acquisition And Disposal Transaction Costs
AcquisitionAndDisposalTransactionCosts
15600000 USD
CY2017Q4 vfc Acquisition And Disposal Transaction Costs Net Of Tax
AcquisitionAndDisposalTransactionCostsNetOfTax
13600000 USD
CY2016Q4 vfc Cash Equivalents Money Market Funds
CashEquivalentsMoneyMarketFunds
840842000 USD
CY2017Q4 vfc Cash Equivalents Money Market Funds
CashEquivalentsMoneyMarketFunds
265432000 USD
CY2016Q4 vfc Cash Equivalents Time Deposits
CashEquivalentsTimeDeposits
14774000 USD
CY2017Q4 vfc Cash Equivalents Time Deposits
CashEquivalentsTimeDeposits
13591000 USD
CY2017 vfc Common Stock Purchased For Trust Shares
CommonStockPurchasedForTrustShares
6540 shares
CY2017 vfc Common Stock Purchased For Trust Value
CommonStockPurchasedForTrustValue
400000 USD
CY2016Q4 vfc Customer Discounts And Allowances
CustomerDiscountsAndAllowances
44845000 USD
CY2017Q4 vfc Deferred Compensation Liability At Fair Value
DeferredCompensationLiabilityAtFairValue
235359000 USD
CY2016Q4 vfc Deferred Tax Liabilities Depreciation
DeferredTaxLiabilitiesDepreciation
35461000 USD
CY2017Q4 vfc Deferred Tax Liabilities Depreciation
DeferredTaxLiabilitiesDepreciation
25574000 USD
CY2017 vfc Defined Benefit Plan Percentageof Domestic Defined Benefit Pension Plan Projected Benefit Obligationto Defined Benefit Pension Plan Projected Benefit Obligation
DefinedBenefitPlanPercentageofDomesticDefinedBenefitPensionPlanProjectedBenefitObligationtoDefinedBenefitPensionPlanProjectedBenefitObligation
0.90
CY2016 vfc Depreciation Depletionand Amortization Excluding Discontinued Operations
DepreciationDepletionandAmortizationExcludingDiscontinuedOperations
232886000 USD
CY2016 vfc Depreciation Depletionand Amortization Excluding Discontinued Operations
DepreciationDepletionandAmortizationExcludingDiscontinuedOperations
254216000 USD
CY2017 vfc Depreciation Depletionand Amortization Excluding Discontinued Operations
DepreciationDepletionandAmortizationExcludingDiscontinuedOperations
277145000 USD
CY2016Q4 vfc Derivative Asset Fair Value Gross Asset Current
DerivativeAssetFairValueGrossAssetCurrent
84519000 USD
CY2017Q4 vfc Derivative Asset Fair Value Gross Asset Current
DerivativeAssetFairValueGrossAssetCurrent
20771000 USD
CY2016Q4 vfc Derivative Asset Fair Value Gross Asset Non Current
DerivativeAssetFairValueGrossAssetNonCurrent
18821000 USD
CY2017Q4 vfc Derivative Asset Fair Value Gross Asset Non Current
DerivativeAssetFairValueGrossAssetNonCurrent
2199000 USD
CY2016Q4 vfc Derivative Liability Fair Value Gross Liability Current
DerivativeLiabilityFairValueGrossLiabilityCurrent
18574000 USD
CY2017Q4 vfc Derivative Liability Fair Value Gross Liability Current
DerivativeLiabilityFairValueGrossLiabilityCurrent
87205000 USD
CY2016Q4 vfc Derivative Liability Fair Value Gross Liability Noncurrent
DerivativeLiabilityFairValueGrossLiabilityNoncurrent
7000000 USD
CY2017Q4 vfc Derivative Liability Fair Value Gross Liability Noncurrent
DerivativeLiabilityFairValueGrossLiabilityNoncurrent
12833000 USD
CY2017Q4 vfc Future Minimum Royalty Payments Current
FutureMinimumRoyaltyPaymentsCurrent
15500000 USD
CY2017Q4 vfc Future Minimum Royalty Payments Five Years
FutureMinimumRoyaltyPaymentsFiveYears
200000 USD
CY2017Q4 vfc Future Minimum Royalty Payments Four Years
FutureMinimumRoyaltyPaymentsFourYears
3500000 USD
CY2017Q4 vfc Future Minimum Royalty Payments Thereafter
FutureMinimumRoyaltyPaymentsThereafter
100000 USD
CY2017Q4 vfc Future Minimum Royalty Payments Three Years
FutureMinimumRoyaltyPaymentsThreeYears
4800000 USD
CY2017Q4 vfc Future Minimum Royalty Payments Two Years
FutureMinimumRoyaltyPaymentsTwoYears
7200000 USD
CY2017Q4 vfc Future Payments Under Purchase Commitment Current
FuturePaymentsUnderPurchaseCommitmentCurrent
160700000 USD
CY2017Q4 vfc Future Payments Under Purchase Commitment Five Years
FuturePaymentsUnderPurchaseCommitmentFiveYears
3100000 USD
CY2017Q4 vfc Future Payments Under Purchase Commitment Four Years
FuturePaymentsUnderPurchaseCommitmentFourYears
8300000 USD
CY2017Q4 vfc Future Payments Under Purchase Commitment Thereafter
FuturePaymentsUnderPurchaseCommitmentThereafter
5600000 USD
CY2017Q4 vfc Future Payments Under Purchase Commitment Three Years
FuturePaymentsUnderPurchaseCommitmentThreeYears
12000000 USD
CY2017Q4 vfc Future Payments Under Purchase Commitment Two Years
FuturePaymentsUnderPurchaseCommitmentTwoYears
48100000 USD
CY2016 vfc Goodwilland Intangible Asset Impairment Including Discontinued Operations
GoodwillandIntangibleAssetImpairmentIncludingDiscontinuedOperations
143562000 USD
CY2016 vfc Goodwilland Intangible Asset Impairment Including Discontinued Operations
GoodwillandIntangibleAssetImpairmentIncludingDiscontinuedOperations
79644000 USD
CY2017 vfc Goodwilland Intangible Asset Impairment Including Discontinued Operations
GoodwillandIntangibleAssetImpairmentIncludingDiscontinuedOperations
104651000 USD
CY2016Q4 vfc Goodwilland Intangible Asset Impairment Netof Tax
GoodwillandIntangibleAssetImpairmentNetofTax
64100000 USD
CY2017 vfc Lineof Credit Facility Extension Period
LineofCreditFacilityExtensionPeriod
P1Y
CY2017 vfc Lineof Credit Facility Numberof Extensions
LineofCreditFacilityNumberofExtensions
2 extension
CY2017Q4 vfc Longterm Debt Maturities Interest Includedin Payments
LongtermDebtMaturitiesInterestIncludedinPayments
0 USD
CY2017Q4 vfc Maximum Amount Of Accounts Receivable Sold At Any Point In Time
MaximumAmountOfAccountsReceivableSoldAtAnyPointInTime
367500000 USD
CY2017Q4 vfc Notes Other And Capital Lease Future Minimum Payments Due Thereafter
NotesOtherAndCapitalLeaseFutureMinimumPaymentsDueThereafter
1697480000 USD
CY2017Q4 vfc Notes Other And Capital Leases Due In Five Years
NotesOtherAndCapitalLeasesDueInFiveYears
1571000 USD
CY2017Q4 vfc Notes Other And Capital Leases Due In Four Years
NotesOtherAndCapitalLeasesDueInFourYears
503408000 USD
CY2017Q4 vfc Notes Other And Capital Leases Due In One Year
NotesOtherAndCapitalLeasesDueInOneYear
7510000 USD
CY2017Q4 vfc Notes Other And Capital Leases Due In Three Years
NotesOtherAndCapitalLeasesDueInThreeYears
6035000 USD
CY2017Q4 vfc Notes Other And Capital Leases Due In Two Years
NotesOtherAndCapitalLeasesDueInTwoYears
6650000 USD
CY2017Q4 vfc Notes Other And Capital Leases Future Minimum Payments Due
NotesOtherAndCapitalLeasesFutureMinimumPaymentsDue
2222654000 USD
CY2017Q4 vfc Notes Other And Capital Leases Future Minimum Payments Interest Included In Payments
NotesOtherAndCapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
8903000 USD
CY2017 vfc Number Of Largest Customers Accounted For Portion Of Revenue
NumberOfLargestCustomersAccountedForPortionOfRevenue
10 Customer
CY2017 vfc Projected Benefit Obligations Amortized Over Expected Average Remaining Service Of Active Participants Maximum
ProjectedBenefitObligationsAmortizedOverExpectedAverageRemainingServiceOfActiveParticipantsMaximum
0.20
CY2017Q4 vfc Partnership Stores And Shop In Shop Costs Accumulated Amortization
PartnershipStoresAndShopInShopCostsAccumulatedAmortization
118643000 USD
CY2016Q4 vfc Partnership Stores And Shop In Shop Costs Net
PartnershipStoresAndShopInShopCostsNet
33773000 USD
CY2017Q4 vfc Partnership Stores And Shop In Shop Costs Net
PartnershipStoresAndShopInShopCostsNet
34149000 USD
CY2016 vfc Payments Related To Tax Withholding For Sharebased Compensation And Proceeds From Issuance Of Shares Under Incentive And Sharebased Compensation Plans Including Stock Options
PaymentsRelatedToTaxWithholdingForSharebasedCompensationAndProceedsFromIssuanceOfSharesUnderIncentiveAndSharebasedCompensationPlansIncludingStockOptions
30871000 USD
CY2016 vfc Payments Related To Tax Withholding For Sharebased Compensation And Proceeds From Issuance Of Shares Under Incentive And Sharebased Compensation Plans Including Stock Options
PaymentsRelatedToTaxWithholdingForSharebasedCompensationAndProceedsFromIssuanceOfSharesUnderIncentiveAndSharebasedCompensationPlansIncludingStockOptions
48918000 USD
CY2017 vfc Payments Related To Tax Withholding For Sharebased Compensation And Proceeds From Issuance Of Shares Under Incentive And Sharebased Compensation Plans Including Stock Options
PaymentsRelatedToTaxWithholdingForSharebasedCompensationAndProceedsFromIssuanceOfSharesUnderIncentiveAndSharebasedCompensationPlansIncludingStockOptions
89893000 USD
CY2016 vfc Paymentsto Acquire Property Plantand Equipment Excluding Discontinued Operations
PaymentstoAcquirePropertyPlantandEquipmentExcludingDiscontinuedOperations
240965000 USD
CY2016 vfc Paymentsto Acquire Property Plantand Equipment Excluding Discontinued Operations
PaymentstoAcquirePropertyPlantandEquipmentExcludingDiscontinuedOperations
171045000 USD
CY2017 vfc Paymentsto Acquire Property Plantand Equipment Excluding Discontinued Operations
PaymentstoAcquirePropertyPlantandEquipmentExcludingDiscontinuedOperations
166818000 USD
CY2016 vfc Pension Expense And Pension Contributions
PensionExpenseAndPensionContributions
-208709000 USD
CY2016 vfc Pension Expense And Pension Contributions
PensionExpenseAndPensionContributions
89005000 USD
CY2017 vfc Pension Expense And Pension Contributions
PensionExpenseAndPensionContributions
25022000 USD
CY2016Q4 vfc Pension Expense Netof Tax
PensionExpenseNetofTax
31400000 USD
CY2017Q4 vfc Percentage Of Domestic Defined Benefit Pension Plan Assets To Defined Benefit Pension Plan Assets
PercentageOfDomesticDefinedBenefitPensionPlanAssetsToDefinedBenefitPensionPlanAssets
0.91
CY2017 vfc Plan Assets Or Projected Benefit Obligations Unamortized Maximum
PlanAssetsOrProjectedBenefitObligationsUnamortizedMaximum
0.10
CY2017 vfc Portion Of Foreign Operating Loss Carry Forwards With Unlimited Carry Forward Life
PortionOfForeignOperatingLossCarryForwardsWithUnlimitedCarryForwardLife
190400000 USD
CY2017 vfc Project Benefit Obligations Amortized Over Five Years Minimum
ProjectBenefitObligationsAmortizedOverFiveYearsMinimum
0.20
CY2017 vfc Projected Benefit Obligations Amortized Over Expected Average Remaining Service Of Active Participants Minimum
ProjectedBenefitObligationsAmortizedOverExpectedAverageRemainingServiceOfActiveParticipantsMinimum
0.10
CY2017 vfc Ratio Of Consolidated Indebtedness To Consolidated Capitalization Maximum
RatioOfConsolidatedIndebtednessToConsolidatedCapitalizationMaximum
0.60
CY2017 vfc Repurchase Price Percentage
RepurchasePricePercentage
1.00
CY2016Q1 vfc Restricted Cashand Restricted Cash Equivalents Includedin Other Assets Current
RestrictedCashandRestrictedCashEquivalentsIncludedinOtherAssetsCurrent
0 USD
CY2016Q4 vfc Restricted Cashand Restricted Cash Equivalents Includedin Other Assets Current
RestrictedCashandRestrictedCashEquivalentsIncludedinOtherAssetsCurrent
2469000 USD
CY2017Q4 vfc Restricted Cashand Restricted Cash Equivalents Includedin Other Assets Current
RestrictedCashandRestrictedCashEquivalentsIncludedinOtherAssetsCurrent
2452000 USD
CY2016Q1 vfc Restricted Cashand Restricted Cash Equivalents Includedin Other Assets Noncurrent
RestrictedCashandRestrictedCashEquivalentsIncludedinOtherAssetsNoncurrent
791000 USD
CY2016Q4 vfc Restricted Cashand Restricted Cash Equivalents Includedin Other Assets Noncurrent
RestrictedCashandRestrictedCashEquivalentsIncludedinOtherAssetsNoncurrent
695000 USD
CY2017Q4 vfc Restricted Cashand Restricted Cash Equivalents Includedin Other Assets Noncurrent
RestrictedCashandRestrictedCashEquivalentsIncludedinOtherAssetsNoncurrent
870000 USD
CY2016Q4 vfc Restructuring Charges And Asset Impairments Netof Tax
RestructuringChargesAndAssetImpairmentsNetofTax
41800000 USD
CY2017Q4 vfc Restructuring Charges And Asset Impairments Netof Tax
RestructuringChargesAndAssetImpairmentsNetofTax
18600000 USD
CY2016 vfc Sale Of Accounts Receivable Program Fee
SaleOfAccountsReceivableProgramFee
1900000 USD
CY2016 vfc Sale Of Accounts Receivable Program Fee
SaleOfAccountsReceivableProgramFee
3400000 USD
CY2017 vfc Sale Of Accounts Receivable Program Fee
SaleOfAccountsReceivableProgramFee
3900000 USD
CY2017 vfc Tax Cuts And Jobs Act Of2017 Incomplete Accounting Change In Tax Rate Deferred Tax Liability Foreign Income And Dividends
TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateDeferredTaxLiabilityForeignIncomeAndDividends
42600000 USD
CY2017 vfc Tax Cuts And Jobs Act Of2017 Incomplete Accounting Change In Tax Rate Deferred Tax Liability Provisional Income Tax Benefit
TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateDeferredTaxLiabilityProvisionalIncomeTaxBenefit
89500000 USD
CY2017 vfc Tax Cuts And Jobs Act Of2017 Incomplete Accounting Provisional Income Tax Expense Benefit
TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit
465500000 USD
CY2017 vfc Tax Cuts And Jobs Act Of2017 Incomplete Accounting Transition Tax For Accumulated Foreign Earnings Provisional Income Tax Expense
TaxCutsAndJobsActOf2017IncompleteAccountingTransitionTaxForAccumulatedForeignEarningsProvisionalIncomeTaxExpense
512400000 USD
CY2016 vfc Treasury Stock Shares Restored
TreasuryStockSharesRestored
10100000 shares
CY2016 vfc Treasury Stock Shares Restored
TreasuryStockSharesRestored
16055057 shares
CY2017 vfc Treasury Stock Shares Restored
TreasuryStockSharesRestored
22335314 shares
CY2017 vfc Valuation Allowance Deferred Tax Asset And Foreign Carryforwards Change In Amount
ValuationAllowanceDeferredTaxAssetAndForeignCarryforwardsChangeInAmount
77600000 USD
CY2017 vfc Valuation Allowance State Carryforwards Change In Amount
ValuationAllowanceStateCarryforwardsChangeInAmount
5400000 USD
CY2017 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:18px;text-align:justify;font-size:9pt;"><font style="font-family:DIN-Regular,sans-serif;font-size:9pt;color:#6d6e71;font-style:italic;font-weight:bold;">Concentration of Risks</font></div><div style="line-height:120%;padding-top:6px;text-align:justify;font-size:9pt;"><font style="font-family:DIN-Regular,sans-serif;font-size:9pt;color:#6d6e71;">VF markets products to a broad customer base throughout the world. Products are sold at a range of price points through multiple wholesale and direct-to-consumer channels. VF&#8217;s </font><font style="font-family:DIN-Regular,sans-serif;font-size:9pt;color:#6d6e71;">ten</font><font style="font-family:DIN-Regular,sans-serif;font-size:9pt;color:#6d6e71;"> largest customers, all U.S.-based retailers, accounted for </font><font style="font-family:DIN-Regular,sans-serif;font-size:9pt;color:#6d6e71;">19%</font><font style="font-family:DIN-Regular,sans-serif;font-size:9pt;color:#6d6e71;"> of </font><font style="font-family:DIN-Regular,sans-serif;font-size:9pt;color:#6d6e71;">2017</font><font style="font-family:DIN-Regular,sans-serif;font-size:9pt;color:#6d6e71;"> total revenues, and sales to VF&#8217;s largest customer accounted for </font><font style="font-family:DIN-Regular,sans-serif;font-size:9pt;color:#6d6e71;">8%</font><font style="font-family:DIN-Regular,sans-serif;font-size:9pt;color:#6d6e71;"> of </font><font style="font-family:DIN-Regular,sans-serif;font-size:9pt;color:#6d6e71;">2017</font><font style="font-family:DIN-Regular,sans-serif;font-size:9pt;color:#6d6e71;"> total revenues. Sales are generally made on an unsecured basis under customary terms that may vary by product, channel of distribution or geographic region. VF continuously monitors the creditworthiness of its customers and has established internal policies regarding customer credit limits. The breadth of product offerings, combined with the large number and geographic diversity of its customers, limits VF&#8217;s concentration of risks.</font></div></div>
CY2017 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:18px;text-align:justify;font-size:9pt;"><font style="font-family:DIN-Regular,sans-serif;font-size:9pt;color:#6d6e71;font-style:italic;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;padding-top:6px;text-align:justify;font-size:9pt;"><font style="font-family:DIN-Regular,sans-serif;font-size:9pt;color:#6d6e71;">Certain prior year amounts have been reclassified to conform with the </font><font style="font-family:DIN-Regular,sans-serif;font-size:9pt;color:#6d6e71;">2017</font><font style="font-family:DIN-Regular,sans-serif;font-size:9pt;color:#6d6e71;"> presentation, as discussed below in </font><font style="font-family:DIN-Regular,sans-serif;font-size:9pt;color:#6d6e71;font-style:italic;">Recently Adopted Accounting Standards</font><font style="font-family:DIN-Regular,sans-serif;font-size:9pt;color:#6d6e71;">.</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%;padding-top:18px;text-align:justify;font-size:9pt;"><font style="font-family:DIN-Regular,sans-serif;font-size:9pt;color:#6d6e71;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-top:6px;text-align:justify;font-size:9pt;"><font style="font-family:DIN-Regular,sans-serif;font-size:9pt;color:#6d6e71;">In preparing the consolidated financial statements in accordance with GAAP, management makes estimates and assumptions that affect amounts reported in the consolidated financial statements and accompanying notes. Actual results may differ from those estimates.</font></div></div>
CY2017 us-gaap Fiscal Period
FiscalPeriod
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:18px;text-align:justify;font-size:9pt;"><font style="font-family:DIN-Regular,sans-serif;font-size:9pt;color:#6d6e71;font-style:italic;font-weight:bold;">Fiscal Year</font></div><div style="line-height:120%;padding-top:6px;text-align:justify;font-size:9pt;"><font style="font-family:DIN-Regular,sans-serif;font-size:9pt;color:#6d6e71;">VF operates and reports using a 52/53 week fiscal year ending on the Saturday closest to December&#160;31 of each year. All references to &#8220;</font><font style="font-family:DIN-Regular,sans-serif;font-size:9pt;color:#6d6e71;">2017</font><font style="font-family:DIN-Regular,sans-serif;font-size:9pt;color:#6d6e71;">&#8221;, &#8220;</font><font style="font-family:DIN-Regular,sans-serif;font-size:9pt;color:#6d6e71;">2016</font><font style="font-family:DIN-Regular,sans-serif;font-size:9pt;color:#6d6e71;">&#8221; and &#8220;</font><font style="font-family:DIN-Regular,sans-serif;font-size:9pt;color:#6d6e71;">2015</font><font style="font-family:DIN-Regular,sans-serif;font-size:9pt;color:#6d6e71;">&#8221; relate to the 52-week fiscal years ended </font><font style="font-family:DIN-Regular,sans-serif;font-size:9pt;color:#6d6e71;">December&#160;30, 2017</font><font style="font-family:DIN-Regular,sans-serif;font-size:9pt;color:#6d6e71;">, </font><font style="font-family:DIN-Regular,sans-serif;font-size:9pt;color:#6d6e71;">December&#160;31, 2016</font><font style="font-family:DIN-Regular,sans-serif;font-size:9pt;color:#6d6e71;"> and </font><font style="font-family:DIN-Regular,sans-serif;font-size:9pt;color:#6d6e71;">January&#160;2, 2016</font><font style="font-family:DIN-Regular,sans-serif;font-size:9pt;color:#6d6e71;">, respectively. Certain foreign subsidiaries report using a December&#160;31 year-end due to local statutory requirements. During the first quarter of 2017, the Company approved a change in fiscal year end to the Saturday closest to March 31 from the Saturday closest to December 31. Accordingly, VF will report a transition quarter that runs from December 31, 2017 through March 31, 2018. The Company's next fiscal year will run from April 1, 2018 through March 30, 2019 (&#8220;Fiscal 2019&#8221;). </font></div></div>

Files In Submission

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