2013 Q4 Form 10-K Financial Statement

#000007086615000009 Filed on February 27, 2015

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2013 Q2
Revenue $1.670B $1.508B $1.535B
YoY Change 1.71% 5.09% 8.94%
Cost Of Revenue $1.140B $569.0M $559.0M
YoY Change 6.74% 9.63% 11.13%
Gross Profit $530.0M $415.0M $426.0M
YoY Change -7.67% 8.64% 13.9%
Gross Profit Margin 31.74% 27.52% 27.75%
Selling, General & Admin $193.0M $217.0M $232.0M
YoY Change 28.67% 5.34% 18.97%
% of Gross Profit 36.42% 52.29% 54.46%
Research & Development $40.00M $53.00M $55.00M
YoY Change 207.69% 12.77% 12.24%
% of Gross Profit 7.55% 12.77% 12.91%
Depreciation & Amortization $59.00M $52.00M $50.00M
YoY Change 37.21% 23.81% 25.0%
% of Gross Profit 11.13% 12.53% 11.74%
Operating Expenses $233.0M $270.0M $287.0M
YoY Change 42.94% 6.72% 17.62%
Operating Profit $297.0M $145.0M $139.0M
YoY Change -27.74% 12.4% 6.92%
Interest Expense -$33.00M $23.00M $26.00M
YoY Change 83.33% 228.57% 225.0%
% of Operating Profit -11.11% 15.86% 18.71%
Other Income/Expense, Net -$5.000M -$3.000M -$3.000M
YoY Change 400.0% -40.0%
Pretax Income $259.0M $119.0M $110.0M
YoY Change -33.93% -2.46% -5.98%
Income Tax $54.00M $19.00M $23.00M
% Of Pretax Income 20.85% 15.97% 20.91%
Net Earnings $198.0M $98.00M $86.00M
YoY Change -18.18% 12.64% -15.69%
Net Earnings / Revenue 11.86% 6.5% 5.6%
Basic Earnings Per Share $1.19 $0.59 $0.52
Diluted Earnings Per Share $1.16 $0.58 $0.51
COMMON SHARES
Basic Shares Outstanding 166.2M shares 165.2M shares
Diluted Shares Outstanding 170.0M shares 168.8M shares

Balance Sheet

Concept 2013 Q4 2013 Q3 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $528.0M $460.0M $460.0M
YoY Change -50.61% -20.83% 22.02%
Cash & Equivalents $528.0M $460.0M $460.0M
Short-Term Investments
Other Short-Term Assets $568.0M $591.0M $525.0M
YoY Change 25.11% 39.06% 46.24%
Inventory $790.0M $842.0M $825.0M
Prepaid Expenses
Receivables $1.339B $1.349B $1.266B
Other Receivables $39.00M $41.00M $42.00M
Total Short-Term Assets $4.339B $3.242B $3.076B
YoY Change 27.39% 9.68% 17.76%
LONG-TERM ASSETS
Property, Plant & Equipment $352.0M $338.0M $327.0M
YoY Change 14.29% 11.55% 10.1%
Goodwill $1.534B $1.472B $1.455B
YoY Change 52.94% 52.38% 55.28%
Intangibles $494.0M $474.0M $490.0M
YoY Change 62.5% 58.53% 64.98%
Long-Term Investments
YoY Change
Other Assets $470.0M $436.0M $428.0M
YoY Change 4.91% -0.46% 3.88%
Total Long-Term Assets $3.769B $3.636B $3.630B
YoY Change 27.2% 18.13% 20.56%
TOTAL ASSETS
Total Short-Term Assets $4.339B $3.242B $3.076B
Total Long-Term Assets $3.769B $3.636B $3.630B
Total Assets $8.108B $6.878B $6.706B
YoY Change 27.3% 13.99% 19.26%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $670.0M $584.0M $582.0M
YoY Change 9.66% -4.58% 4.11%
Accrued Expenses $191.0M $209.0M $208.0M
YoY Change 2.69% 8.29% 13.66%
Deferred Revenue
YoY Change
Short-Term Debt $34.00M $15.00M $85.00M
YoY Change -52.78% -72.22% 117.95%
Long-Term Debt Due $34.00M $15.00M $85.00M
YoY Change -52.78% -72.22% 117.95%
Total Short-Term Liabilities $1.881B $1.753B $1.838B
YoY Change 7.98% 1.33% 11.73%
LONG-TERM LIABILITIES
Long-Term Debt $3.320B $2.212B $2.079B
YoY Change 75.57% 57.1% 196.58%
Other Long-Term Liabilities $99.00M $118.0M $100.0M
YoY Change 25.32% 90.32% 69.49%
Total Long-Term Liabilities $3.419B $2.330B $2.179B
YoY Change 73.55% 58.5% 186.71%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.881B $1.753B $1.838B
Total Long-Term Liabilities $3.419B $2.330B $2.179B
Total Liabilities $6.311B $5.286B $5.222B
YoY Change 24.43% 5.76% 12.86%
SHAREHOLDERS EQUITY
Retained Earnings $1.372B $1.174B $1.231B
YoY Change 47.69% -45.5% -41.3%
Common Stock $435.0M $436.0M $421.0M
YoY Change 20.83% 28.61% 32.39%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.769B $1.537B $1.430B
YoY Change
Total Liabilities & Shareholders Equity $8.108B $6.878B $6.706B
YoY Change 27.3% 13.99% 19.26%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2013 Q2
OPERATING ACTIVITIES
Net Income $198.0M $98.00M $86.00M
YoY Change -18.18% 12.64% -15.69%
Depreciation, Depletion And Amortization $59.00M $52.00M $50.00M
YoY Change 37.21% 23.81% 25.0%
Cash From Operating Activities $264.0M $0.00 -$57.00M
YoY Change 55.29% -100.0% 1325.0%
INVESTING ACTIVITIES
Capital Expenditures -$71.00M -$66.00M -$44.00M
YoY Change 44.9% 53.49% 18.92%
Acquisitions
YoY Change
Other Investing Activities -$1.198B $7.000M -$12.00M
YoY Change 709.46% -118.92% -113.04%
Cash From Investing Activities -$1.269B -$59.00M -$56.00M
YoY Change 544.16% -26.25% -201.82%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.081B 60.00M 97.00M
YoY Change 107.09% -91.64% -218.29%
NET CHANGE
Cash From Operating Activities 264.0M 0.000 -57.00M
Cash From Investing Activities -1.269B -59.00M -56.00M
Cash From Financing Activities 1.081B 60.00M 97.00M
Net Change In Cash 76.00M 1.000M -16.00M
YoY Change -84.65% -99.49% -48.39%
FREE CASH FLOW
Cash From Operating Activities $264.0M $0.00 -$57.00M
Capital Expenditures -$71.00M -$66.00M -$44.00M
Free Cash Flow $335.0M $66.00M -$13.00M
YoY Change 52.97% -116.58% -139.39%

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0 USD
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0 USD
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3000000 USD
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0 USD
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0 USD
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CY2014 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
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CY2013 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
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0 USD
CY2014 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
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12000000 USD
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PaymentsRelatedToTaxWithholdingForShareBasedCompensation
30000000 USD
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PaymentsRelatedToTaxWithholdingForShareBasedCompensation
28000000 USD
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108000000 USD
CY2013 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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780000000 USD
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0 USD
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0 USD
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PaymentsToAcquireInterestInSubsidiariesAndAffiliates
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PaymentsToAcquirePropertyPlantAndEquipment
80000000 USD
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PaymentsToAcquirePropertyPlantAndEquipment
116000000 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
118000000 USD
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PaymentsToMinorityShareholders
0 USD
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PaymentsToMinorityShareholders
24000000 USD
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PaymentsToMinorityShareholders
0 USD
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PreferredStockParOrStatedValuePerShare
0.01
CY2014Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.01
CY2013Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2014Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
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0 shares
CY2014Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2013Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2014Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2014Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2013Q4 us-gaap Prepaid Pension Costs
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478000000 USD
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551000000 USD
CY2012 us-gaap Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
0 USD
CY2013 us-gaap Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
0 USD
CY2014 us-gaap Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
0 USD
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ProceedsFromIssuanceOfSecuredDebt
150000000 USD
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ProceedsFromIssuanceOfSecuredDebt
329000000 USD
CY2014 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
250000000 USD
CY2012 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
53000000 USD
CY2013 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
57000000 USD
CY2014 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
13000000 USD
CY2012 us-gaap Proceeds From Issuance Of Unsecured Debt
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1100000000 USD
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ProceedsFromIssuanceOfUnsecuredDebt
1100000000 USD
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ProceedsFromIssuanceOfUnsecuredDebt
0 USD
CY2012 us-gaap Proceeds From Long Term Lines Of Credit
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720000000 USD
CY2013 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
1009000000 USD
CY2014 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
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CY2012 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
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CY2013 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
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CY2014 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-5000000 USD
CY2012 us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
0 USD
CY2013 us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
0 USD
CY2014 us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
0 USD
CY2012 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
0 USD
CY2013 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-1000000 USD
CY2014 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
0 USD
CY2012 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
8000000 USD
CY2013 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
10000000 USD
CY2014 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1000000 USD
CY2013 us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
0 USD
CY2012 us-gaap Profit Loss
ProfitLoss
481000000 USD
CY2013 us-gaap Profit Loss
ProfitLoss
447000000 USD
CY2014 us-gaap Profit Loss
ProfitLoss
195000000 USD
CY2013Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
999000000 USD
CY2014Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
977000000 USD
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PropertyPlantAndEquipmentNet
352000000 USD
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
396000000 USD
CY2013 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
8000000 USD
CY2014 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
12000000 USD
CY2013Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
14000000 USD
CY2014Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
15000000 USD
CY2012 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
860000000 USD
CY2013 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
1009000000 USD
CY2014 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
1050000000 USD
CY2012 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
0 USD
CY2013 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
35000000 USD
CY2014 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
37000000 USD
CY2012 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
155000000 USD
CY2013 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
203000000 USD
CY2014 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
263000000 USD
CY2013Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
1114000000 USD
CY2013Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
1114000000 USD
CY2014Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
0 USD
CY2013Q4 us-gaap Restructuring Reserve
RestructuringReserve
0 USD
CY2014Q4 us-gaap Restructuring Reserve
RestructuringReserve
60000000 USD
CY2014 us-gaap Restructuring Reserve Period Increase Decrease
RestructuringReservePeriodIncreaseDecrease
91000000 USD
CY2014 us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
2000000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1372000000 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1563000000 USD
CY2012 us-gaap Revenues
Revenues
5730000000 USD
CY2013Q1 us-gaap Revenues
Revenues
1410000000 USD
CY2013Q2 us-gaap Revenues
Revenues
1535000000 USD
CY2013Q3 us-gaap Revenues
Revenues
1508000000 USD
CY2013Q4 us-gaap Revenues
Revenues
1670000000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
256000000 USD
CY2014Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
2100000000 USD
CY2011Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
273000000 USD
CY2013 us-gaap Revenues
Revenues
6123000000 USD
CY2014Q1 us-gaap Revenues
Revenues
1518000000 USD
CY2014Q2 us-gaap Revenues
Revenues
1658000000 USD
CY2014Q3 us-gaap Revenues
Revenues
1647000000 USD
CY2014Q4 us-gaap Revenues
Revenues
1768000000 USD
CY2014 us-gaap Revenues
Revenues
6591000000 USD
CY2012 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
2854000000 USD
CY2013 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
2912000000 USD
CY2014 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
2892000000 USD
CY2012 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
2876000000 USD
CY2013 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
3211000000 USD
CY2014 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
3699000000 USD
CY2012 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
742000000 USD
CY2013 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
871000000 USD
CY2014 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1012000000 USD
CY2012 us-gaap Share Based Compensation
ShareBasedCompensation
49000000 USD
CY2013 us-gaap Share Based Compensation
ShareBasedCompensation
41000000 USD
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
31000000 USD
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.401
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0078
CY2012 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2013Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
34000000 USD
CY2014Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
187000000 USD
CY2014Q4 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Estimated Range Of Change Lower Bound
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleEstimatedRangeOfChangeLowerBound
30000000 USD
CY2014Q4 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Estimated Range Of Change Upper Bound
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleEstimatedRangeOfChangeUpperBound
35000000 USD
CY2011Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
23000000 USD
CY2012Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
26000000 USD
CY2013Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
22000000 USD
CY2014Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
22000000 USD
CY2012 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
43000000 USD
CY2013 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
43000000 USD
CY2014 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
37000000 USD
CY2012 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
46000000 USD
CY2013 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
39000000 USD
CY2014 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
37000000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
1769000000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
1871000000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1783000000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1883000000 USD
CY2014 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
13000000 USD
CY2012 us-gaap Technology Services Revenue
TechnologyServicesRevenue
927000000 USD
CY2013 us-gaap Technology Services Revenue
TechnologyServicesRevenue
1259000000 USD
CY2014 us-gaap Technology Services Revenue
TechnologyServicesRevenue
1710000000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
277000000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
248000000 USD
CY2012 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
16000000 USD
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
33000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
50000000 USD
CY2012 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
35000000 USD
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
2000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
14000000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
56000000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
54000000 USD
CY2012 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
4000000 USD
CY2013 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
8000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
1000000 USD
CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
30000000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
40000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
43000000 USD
CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
24000000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
33000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
34000000 USD
CY2012 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
20000000 USD
CY2013 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
17000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
42000000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
145000000 USD
CY2014 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
9000000 USD
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
163800000 shares
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
169300000 shares
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
171200000 shares
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
159300000 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
165400000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
167900000 shares
CY2014 us-gaap Advertising Cost Policy Expensed Advertising Cost
AdvertisingCostPolicyExpensedAdvertisingCost
<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-weight:bold;">Advertising</font><font style="font-family:inherit;font-size:10pt;"> Advertising costs are recognized in selling, general and administrative expenses when incurred. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>
CY2014 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-weight:bold;">Use of Estimates</font><font style="font-family:inherit;font-size:10pt;"> The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America (otherwise known as GAAP) requires management to make estimates and judgments that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and revenues and expenses during the period reported. Actual results could differ from those estimates.</font></div></div>

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