2015 Q2 Form 10-Q Financial Statement

#000007086615000046 Filed on July 31, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2014 Q2
Revenue $1.604B $1.658B
YoY Change -3.26% 8.01%
Cost Of Revenue $914.0M $647.0M
YoY Change 41.27% 15.74%
Gross Profit $146.0M $480.0M
YoY Change -69.58% 12.68%
Gross Profit Margin 9.1% 28.95%
Selling, General & Admin $339.0M $247.0M
YoY Change 37.25% 6.47%
% of Gross Profit 232.19% 51.46%
Research & Development $67.00M $64.00M
YoY Change 4.69% 16.36%
% of Gross Profit 45.89% 13.33%
Depreciation & Amortization $76.00M $73.00M
YoY Change 4.11% 46.0%
% of Gross Profit 52.05% 15.21%
Operating Expenses $406.0M $311.0M
YoY Change 30.55% 8.36%
Operating Profit -$266.0M $169.0M
YoY Change -257.4% 21.58%
Interest Expense $45.00M $46.00M
YoY Change -2.17% 76.92%
% of Operating Profit 27.22%
Other Income/Expense, Net $0.00 -$3.000M
YoY Change -100.0% 0.0%
Pretax Income -$311.0M $120.0M
YoY Change -359.17% 9.09%
Income Tax $32.00M $29.00M
% Of Pretax Income 24.17%
Net Earnings -$344.0M $90.00M
YoY Change -482.22% 4.65%
Net Earnings / Revenue -21.45% 5.43%
Basic Earnings Per Share -$2.03 $0.54
Diluted Earnings Per Share -$2.03 $0.53
COMMON SHARES
Basic Shares Outstanding 169.6M shares 167.9M shares
Diluted Shares Outstanding 169.6M shares 170.9M shares

Balance Sheet

Concept 2015 Q2 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $425.0M $483.0M
YoY Change -12.01% 5.0%
Cash & Equivalents $425.0M $483.0M
Short-Term Investments
Other Short-Term Assets $481.0M $627.0M
YoY Change -23.29% 19.43%
Inventory $709.0M $816.0M
Prepaid Expenses
Receivables $1.425B $1.464B
Other Receivables $34.00M $45.00M
Total Short-Term Assets $3.040B $3.390B
YoY Change -10.32% 10.21%
LONG-TERM ASSETS
Property, Plant & Equipment $348.0M $402.0M
YoY Change -13.43% 22.94%
Goodwill $2.758B $2.791B
YoY Change -1.18% 91.82%
Intangibles $863.0M $994.0M
YoY Change -13.18% 102.86%
Long-Term Investments
YoY Change
Other Assets $545.0M $505.0M
YoY Change 7.92% 17.99%
Total Long-Term Assets $5.026B $5.459B
YoY Change -7.93% 50.39%
TOTAL ASSETS
Total Short-Term Assets $3.040B $3.390B
Total Long-Term Assets $5.026B $5.459B
Total Assets $8.066B $8.849B
YoY Change -8.85% 31.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $695.0M $678.0M
YoY Change 2.51% 16.49%
Accrued Expenses $178.0M $188.0M
YoY Change -5.32% -9.62%
Deferred Revenue
YoY Change
Short-Term Debt $59.00M $83.00M
YoY Change -28.92% -2.35%
Long-Term Debt Due $59.00M $83.00M
YoY Change -28.92% -2.35%
Total Short-Term Liabilities $1.910B $1.976B
YoY Change -3.34% 7.51%
LONG-TERM LIABILITIES
Long-Term Debt $3.415B $3.840B
YoY Change -11.07% 84.7%
Other Long-Term Liabilities $83.00M $87.00M
YoY Change -4.6% -13.0%
Total Long-Term Liabilities $3.498B $3.927B
YoY Change -10.92% 80.22%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.910B $1.976B
Total Long-Term Liabilities $3.498B $3.927B
Total Liabilities $6.452B $6.880B
YoY Change -6.22% 31.75%
SHAREHOLDERS EQUITY
Retained Earnings $1.259B $1.515B
YoY Change -16.9% 23.07%
Common Stock $472.0M $440.0M
YoY Change 7.27% 4.51%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.594B $1.941B
YoY Change
Total Liabilities & Shareholders Equity $8.066B $8.849B
YoY Change -8.85% 31.96%

Cashflow Statement

Concept 2015 Q2 2014 Q2
OPERATING ACTIVITIES
Net Income -$344.0M $90.00M
YoY Change -482.22% 4.65%
Depreciation, Depletion And Amortization $76.00M $73.00M
YoY Change 4.11% 46.0%
Cash From Operating Activities $154.0M $58.00M
YoY Change 165.52% -201.75%
INVESTING ACTIVITIES
Capital Expenditures -$59.00M -$73.00M
YoY Change -19.18% 65.91%
Acquisitions
YoY Change
Other Investing Activities $3.000M $8.000M
YoY Change -62.5% -166.67%
Cash From Investing Activities -$56.00M -$65.00M
YoY Change -13.85% 16.07%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -138.0M -28.00M
YoY Change 392.86% -128.87%
NET CHANGE
Cash From Operating Activities 154.0M 58.00M
Cash From Investing Activities -56.00M -65.00M
Cash From Financing Activities -138.0M -28.00M
Net Change In Cash -40.00M -35.00M
YoY Change 14.29% 118.75%
FREE CASH FLOW
Cash From Operating Activities $154.0M $58.00M
Capital Expenditures -$59.00M -$73.00M
Free Cash Flow $213.0M $131.0M
YoY Change 62.6% -1107.69%

Facts In Submission

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2000000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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6000000 USD
CY2015Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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3000000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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6000000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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298000000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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361000000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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125000000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
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64000000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
57000000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
75000000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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85000000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
116000000 USD
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1224000000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Gross
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1224000000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
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2000000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
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1000000 USD
CY2014Q4 us-gaap Goodwill
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2760000000 USD
CY2015Q2 us-gaap Goodwill
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2758000000 USD
us-gaap Goodwill Acquired During Period
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2000000 USD
CY2014Q4 us-gaap Goodwill Gross
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2767000000 USD
CY2015Q2 us-gaap Goodwill Gross
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2765000000 USD
CY2014Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
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7000000 USD
CY2015Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
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7000000 USD
us-gaap Goodwill Impairment Loss
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0 USD
us-gaap Goodwill Other Changes
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CY2014Q2 us-gaap Income Loss From Continuing Operations
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90000000 USD
us-gaap Income Loss From Continuing Operations
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143000000 USD
CY2015Q2 us-gaap Income Loss From Continuing Operations
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us-gaap Income Loss From Continuing Operations
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CY2014Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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120000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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178000000 USD
CY2015Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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CY2014Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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91000000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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145000000 USD
CY2015Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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-343000000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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CY2014Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
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0.54
us-gaap Income Loss From Continuing Operations Per Basic Share
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0.85
CY2015Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
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us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-1.80
CY2014Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.53
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.84
CY2015Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
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-2.03
us-gaap Income Loss From Continuing Operations Per Diluted Share
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-1.80
CY2014Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
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0 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
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0 USD
CY2015Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
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0 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2014Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0.00
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0.00
CY2015Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2014Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.00
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.00
CY2015Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.00
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2014Q2 us-gaap Income Loss From Equity Method Investments
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0 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2015Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2014Q2 us-gaap Income Tax Expense Benefit
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29000000 USD
us-gaap Income Tax Expense Benefit
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33000000 USD
CY2015Q2 us-gaap Income Tax Expense Benefit
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32000000 USD
us-gaap Income Tax Expense Benefit
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34000000 USD
us-gaap Increase Decrease In Accounts And Other Receivables
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88000000 USD
us-gaap Increase Decrease In Accounts And Other Receivables
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51000000 USD
us-gaap Increase Decrease In Deferred Revenue And Customer Advances And Deposits
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35000000 USD
us-gaap Increase Decrease In Deferred Revenue And Customer Advances And Deposits
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89000000 USD
us-gaap Increase Decrease In Inventories
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27000000 USD
us-gaap Increase Decrease In Inventories
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54000000 USD
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
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2000000 USD
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
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us-gaap Increase Decrease In Other Operating Capital Net
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66000000 USD
us-gaap Increase Decrease In Other Operating Capital Net
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0 USD
us-gaap Increase Decrease In Restricted Cash
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us-gaap Increase Decrease In Restricted Cash
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0 USD
CY2014Q4 us-gaap Intangible Assets Net Excluding Goodwill
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926000000 USD
CY2015Q2 us-gaap Intangible Assets Net Excluding Goodwill
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863000000 USD
CY2014Q2 us-gaap Interest Expense
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46000000 USD
us-gaap Interest Expense
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89000000 USD
CY2015Q2 us-gaap Interest Expense
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45000000 USD
us-gaap Interest Expense
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89000000 USD
CY2014Q4 us-gaap Inventory Finished Goods Net Of Reserves
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148000000 USD
CY2015Q2 us-gaap Inventory Finished Goods Net Of Reserves
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184000000 USD
CY2014Q4 us-gaap Inventory Net
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CY2015Q2 us-gaap Inventory Net
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CY2014Q4 us-gaap Inventory Parts And Components Net Of Reserves
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389000000 USD
CY2015Q2 us-gaap Inventory Parts And Components Net Of Reserves
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378000000 USD
CY2014Q4 us-gaap Inventory Work In Process And Raw Materials Net Of Reserves
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132000000 USD
CY2015Q2 us-gaap Inventory Work In Process And Raw Materials Net Of Reserves
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147000000 USD
CY2014Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures Fair Value Disclosure
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0 USD
CY2015Q2 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures Fair Value Disclosure
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0 USD
CY2014Q4 us-gaap Liabilities
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6709000000 USD
CY2015Q2 us-gaap Liabilities
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6452000000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
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8607000000 USD
CY2015Q2 us-gaap Liabilities And Stockholders Equity
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8066000000 USD
CY2014Q4 us-gaap Liabilities Current
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2070000000 USD
CY2015Q2 us-gaap Liabilities Current
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1910000000 USD
CY2014Q4 us-gaap Long Term Debt Noncurrent
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3472000000 USD
CY2015Q2 us-gaap Long Term Debt Noncurrent
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3415000000 USD
CY2014Q2 us-gaap Maintenance Revenue
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505000000 USD
us-gaap Maintenance Revenue
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1006000000 USD
CY2015Q2 us-gaap Maintenance Revenue
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480000000 USD
us-gaap Maintenance Revenue
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952000000 USD
CY2014Q4 us-gaap Minority Interest
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us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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548000000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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111000000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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246000000 USD
CY2014Q2 us-gaap Net Income Loss
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90000000 USD
us-gaap Net Income Loss
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143000000 USD
CY2015Q2 us-gaap Net Income Loss
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us-gaap Net Income Loss
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CY2014Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
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2000000 USD
CY2015Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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1000000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
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3000000 USD
CY2014Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
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90000000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
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143000000 USD
CY2015Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
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us-gaap Net Income Loss Available To Common Stockholders Basic
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us-gaap Number Of Reportable Segments
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CY2014Q2 us-gaap Operating Income Loss
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169000000 USD
us-gaap Operating Income Loss
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277000000 USD
CY2015Q2 us-gaap Operating Income Loss
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us-gaap Operating Income Loss
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us-gaap Other Asset Impairment Charges
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us-gaap Other Asset Impairment Charges
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CY2015Q2 us-gaap Other Assets Current
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481000000 USD
CY2014Q4 us-gaap Other Assets Miscellaneous Current
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240000000 USD
CY2015Q2 us-gaap Other Assets Miscellaneous Current
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266000000 USD
CY2014Q4 us-gaap Other Assets Noncurrent
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537000000 USD
CY2015Q2 us-gaap Other Assets Noncurrent
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545000000 USD
CY2014Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
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1000000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
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0 USD
CY2015Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
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0 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
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CY2014Q2 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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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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CY2015Q2 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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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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us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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7000000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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23000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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30000000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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26000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2014Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
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20000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
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24000000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
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21000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2014Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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2000000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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4000000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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2000000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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4000000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
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1000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
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2000000 USD
CY2014Q2 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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0 USD
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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CY2015Q2 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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0 USD
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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us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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7000000 USD
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1000000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
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1000000 USD
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us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
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1000000 USD
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us-gaap Payments Of Debt Issuance Costs
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us-gaap Payments Of Debt Issuance Costs
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
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24000000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
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10000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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1642000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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0 USD
us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
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0 USD
us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
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0 USD
us-gaap Payments To Acquire Property Plant And Equipment
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66000000 USD
CY2015Q2 us-gaap Other Liabilities Current
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411000000 USD
CY2014Q4 us-gaap Other Liabilities Noncurrent
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111000000 USD
CY2015Q2 us-gaap Other Liabilities Noncurrent
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CY2014Q2 us-gaap Other Nonoperating Income Expense
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us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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CY2015Q2 us-gaap Other Nonoperating Income Expense
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0 USD
us-gaap Other Nonoperating Income Expense
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us-gaap Payments For Proceeds From Other Investing Activities
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us-gaap Payments For Proceeds From Other Investing Activities
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3000000 USD
us-gaap Payments For Restructuring
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30000000 USD
us-gaap Payments For Software
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73000000 USD
us-gaap Payments For Software
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79000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
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31000000 USD
CY2014Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2015Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2014Q4 us-gaap Preferred Stock Shares Authorized
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100000000 shares
CY2015Q2 us-gaap Preferred Stock Shares Authorized
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100000000 shares
CY2014Q4 us-gaap Preferred Stock Shares Issued
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0 shares
CY2015Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2015Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2014Q4 us-gaap Preferred Stock Value
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0 USD
CY2015Q2 us-gaap Preferred Stock Value
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0 USD
CY2014Q4 us-gaap Prepaid Pension Costs
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551000000 USD
CY2015Q2 us-gaap Prepaid Pension Costs
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137000000 USD
us-gaap Proceeds From Contributions From Parent
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0 USD
us-gaap Proceeds From Contributions From Parent
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0 USD
us-gaap Proceeds From Issuance Of Secured Debt
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250000000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
7000000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
11000000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
570000000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
512000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-3000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
0 USD
us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
0 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
9000000 USD
CY2014Q2 us-gaap Profit Loss
ProfitLoss
91000000 USD
us-gaap Profit Loss
ProfitLoss
145000000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
28000000 USD
CY2015Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1259000000 USD
us-gaap Restructuring Reserve Period Increase Decrease
RestructuringReservePeriodIncreaseDecrease
5000000 USD
us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
2000000 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1563000000 USD
CY2015Q2 us-gaap Profit Loss
ProfitLoss
-343000000 USD
us-gaap Profit Loss
ProfitLoss
-301000000 USD
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
396000000 USD
CY2015Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
348000000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
8000000 USD
CY2014Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
15000000 USD
CY2015Q2 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
16000000 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
255000000 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
608000000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
3000000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
116000000 USD
CY2014Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
64000000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
127000000 USD
CY2015Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
67000000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
122000000 USD
CY2014Q4 us-gaap Restructuring Reserve
RestructuringReserve
60000000 USD
CY2015Q2 us-gaap Restructuring Reserve
RestructuringReserve
33000000 USD
CY2014Q2 us-gaap Revenues
Revenues
1658000000 USD
us-gaap Revenues
Revenues
3176000000 USD
CY2015Q2 us-gaap Revenues
Revenues
1604000000 USD
us-gaap Revenues
Revenues
3080000000 USD
CY2014Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
722000000 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
1356000000 USD
CY2015Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
703000000 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
1307000000 USD
CY2014Q2 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
936000000 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
1820000000 USD
CY2015Q2 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
901000000 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
1773000000 USD
CY2014Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
247000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
492000000 USD
CY2015Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
339000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
564000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
19000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
20000000 USD
CY2014Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
187000000 USD
CY2015Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
59000000 USD
CY2013Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
22000000 USD
CY2014Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
21000000 USD
CY2014Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
22000000 USD
CY2015Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
23000000 USD
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
19000000 USD
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
18000000 USD
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
18000000 USD
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
19000000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
1871000000 USD
CY2015Q2 us-gaap Stockholders Equity
StockholdersEquity
1594000000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1883000000 USD
CY2015Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1598000000 USD
CY2014Q2 us-gaap Technology Services Revenue
TechnologyServicesRevenue
431000000 USD
us-gaap Technology Services Revenue
TechnologyServicesRevenue
814000000 USD
CY2015Q2 us-gaap Technology Services Revenue
TechnologyServicesRevenue
421000000 USD
us-gaap Technology Services Revenue
TechnologyServicesRevenue
821000000 USD
CY2014Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3000000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3500000 shares
CY2015Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2014Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
170900000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
171000000 shares
CY2015Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
169600000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
169300000 shares
CY2014Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
167900000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
167500000 shares
CY2015Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
169600000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
169300000 shares
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 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 revenue and expenses during the period reported. Actual results could differ from those estimates.</font></div></div>

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