2015 Q4 Form 10-Q Financial Statement

#000007086615000056 Filed on October 30, 2015

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2014 Q3
Revenue $1.680B $1.613B $1.647B
YoY Change -4.98% -2.06% 9.22%
Cost Of Revenue $1.204B $644.0M $696.0M
YoY Change -9.88% -7.47% 22.32%
Gross Profit $476.0M $457.0M $404.0M
YoY Change 10.19% 13.12% -2.65%
Gross Profit Margin 28.33% 28.33% 24.53%
Selling, General & Admin $223.0M $224.0M $232.0M
YoY Change -22.57% -3.45% 6.91%
% of Gross Profit 46.85% 49.02% 57.43%
Research & Development $55.00M $53.00M $59.00M
YoY Change -28.57% -10.17% 11.32%
% of Gross Profit 11.55% 11.6% 14.6%
Depreciation & Amortization $79.00M $77.00M $69.00M
YoY Change 8.22% 11.59% 32.69%
% of Gross Profit 16.6% 16.85% 17.08%
Operating Expenses $287.0M $277.0M $291.0M
YoY Change -21.37% -4.81% 7.78%
Operating Profit $138.0M $168.0M $41.00M
YoY Change 294.29% 309.76% -71.72%
Interest Expense -$42.00M $42.00M $46.00M
YoY Change -8.7% -8.7% 100.0%
% of Operating Profit -30.43% 25.0% 112.2%
Other Income/Expense, Net -$43.00M -$7.000M -$14.00M
YoY Change 290.91% -50.0% 366.67%
Pretax Income $53.00M $119.0M -$19.00M
YoY Change -340.91% -726.32% -115.97%
Income Tax $5.000M $16.00M -$19.00M
% Of Pretax Income 9.43% 13.45%
Net Earnings $24.00M $98.00M $15.00M
YoY Change -27.27% 553.33% -84.69%
Net Earnings / Revenue 1.43% 6.08% 0.91%
Basic Earnings Per Share $0.15 $0.58 $0.09
Diluted Earnings Per Share $0.15 $0.57 $0.09
COMMON SHARES
Basic Shares Outstanding 169.9M shares 169.8M shares 168.2M shares
Diluted Shares Outstanding 172.3M shares 171.3M shares

Balance Sheet

Concept 2015 Q4 2015 Q3 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $328.0M $303.0M $424.0M
YoY Change -35.81% -28.54% -7.83%
Cash & Equivalents $328.0M $303.0M $424.0M
Short-Term Investments
Other Short-Term Assets $327.0M $453.0M $557.0M
YoY Change -35.12% -18.67% -5.75%
Inventory $643.0M $718.0M $777.0M
Prepaid Expenses
Receivables $1.251B $1.424B $1.454B
Other Receivables $39.00M $41.00M $41.00M
Total Short-Term Assets $2.549B $2.898B $3.212B
YoY Change -17.45% -9.78% -0.93%
LONG-TERM ASSETS
Property, Plant & Equipment $322.0M $338.0M $398.0M
YoY Change -18.69% -15.08% 17.75%
Goodwill $2.733B $2.750B $2.773B
YoY Change -0.98% -0.83% 88.38%
Intangibles $798.0M $830.0M $962.0M
YoY Change -13.82% -13.72% 102.95%
Long-Term Investments
YoY Change
Other Assets $521.0M $551.0M $514.0M
YoY Change 5.04% 7.2% 17.89%
Total Long-Term Assets $5.086B $4.989B $5.398B
YoY Change -7.16% -7.58% 48.46%
TOTAL ASSETS
Total Short-Term Assets $2.549B $2.898B $3.212B
Total Long-Term Assets $5.086B $4.989B $5.398B
Total Assets $7.635B $7.887B $8.610B
YoY Change -10.87% -8.4% 25.18%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $657.0M $691.0M $705.0M
YoY Change -7.72% -1.99% 20.72%
Accrued Expenses $189.0M $210.0M $203.0M
YoY Change -3.57% 3.45% -2.87%
Deferred Revenue
YoY Change
Short-Term Debt $13.00M $5.000M $85.00M
YoY Change -93.05% -94.12% 466.67%
Long-Term Debt Due $13.00M $5.000M $85.00M
YoY Change -93.05% -94.12% 466.67%
Total Short-Term Liabilities $1.781B $1.835B $2.008B
YoY Change -13.96% -8.62% 14.55%
LONG-TERM LIABILITIES
Long-Term Debt $3.239B $3.243B $3.660B
YoY Change -5.6% -11.39% 65.46%
Other Long-Term Liabilities $79.00M $82.00M $76.00M
YoY Change -28.83% 7.89% -35.59%
Total Long-Term Liabilities $3.318B $3.325B $3.736B
YoY Change -6.32% -11.0% 60.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.781B $1.835B $2.008B
Total Long-Term Liabilities $3.318B $3.325B $3.736B
Total Liabilities $6.095B $6.200B $6.666B
YoY Change -8.59% -6.99% 26.11%
SHAREHOLDERS EQUITY
Retained Earnings $869.0M $1.357B $1.530B
YoY Change -44.4% -11.31% 30.32%
Common Stock $1.000M $487.0M $448.0M
YoY Change -99.77% 8.71% 2.75%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $720.0M $1.669B $1.918B
YoY Change
Total Liabilities & Shareholders Equity $7.635B $7.887B $8.610B
YoY Change -10.87% -8.4% 25.18%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2014 Q3
OPERATING ACTIVITIES
Net Income $24.00M $98.00M $15.00M
YoY Change -27.27% 553.33% -84.69%
Depreciation, Depletion And Amortization $79.00M $77.00M $69.00M
YoY Change 8.22% 11.59% 32.69%
Cash From Operating Activities $249.0M $160.0M $190.0M
YoY Change -4.23% -15.79%
INVESTING ACTIVITIES
Capital Expenditures -$65.00M -$54.00M -$58.00M
YoY Change 6.56% -6.9% -12.12%
Acquisitions
YoY Change
Other Investing Activities $20.00M $3.000M -$5.000M
YoY Change -2100.0% -160.0% -171.43%
Cash From Investing Activities -$45.00M -$51.00M -$63.00M
YoY Change -27.42% -19.05% 6.78%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -177.0M -223.0M -178.0M
YoY Change 105.81% 25.28% -396.67%
NET CHANGE
Cash From Operating Activities 249.0M 160.0M 190.0M
Cash From Investing Activities -45.00M -51.00M -63.00M
Cash From Financing Activities -177.0M -223.0M -178.0M
Net Change In Cash 27.00M -114.0M -51.00M
YoY Change -75.89% 123.53% -5200.0%
FREE CASH FLOW
Cash From Operating Activities $249.0M $160.0M $190.0M
Capital Expenditures -$65.00M -$54.00M -$58.00M
Free Cash Flow $314.0M $214.0M $248.0M
YoY Change -2.18% -13.71% 275.76%

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CY2015Q3 us-gaap Due To Related Parties Current
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0 USD
CY2014Q4 us-gaap Due To Related Parties Noncurrent
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0 USD
CY2015Q3 us-gaap Due To Related Parties Noncurrent
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0 USD
CY2014Q3 us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
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CY2015Q3 us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
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CY2014Q3 us-gaap Earnings Per Share Diluted
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us-gaap Earnings Per Share Diluted
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0.92
CY2015Q3 us-gaap Earnings Per Share Diluted
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0.57
us-gaap Earnings Per Share Diluted
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us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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CY2014Q4 us-gaap Employee Related Liabilities Current
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196000000 USD
CY2015Q3 us-gaap Employee Related Liabilities Current
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210000000 USD
CY2014Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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8000000 USD
CY2015Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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4000000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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10000000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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298000000 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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392000000 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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125000000 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
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31000000 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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57000000 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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75000000 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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85000000 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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116000000 USD
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1224000000 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Gross
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1222000000 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
CY2015Q3 us-gaap Goodwill
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2750000000 USD
us-gaap Goodwill Acquired During Period
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2000000 USD
CY2014Q4 us-gaap Goodwill Gross
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2767000000 USD
CY2015Q3 us-gaap Goodwill Gross
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2757000000 USD
CY2014Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
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7000000 USD
CY2015Q3 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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CY2014Q3 us-gaap Income Loss From Continuing Operations
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0 USD
us-gaap Income Loss From Continuing Operations
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143000000 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
102000000 USD
us-gaap Income Loss From Continuing Operations
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CY2014Q3 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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159000000 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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119000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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-148000000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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0 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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145000000 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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103000000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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CY2014Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.00
us-gaap Income Loss From Continuing Operations Per Basic Share
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0.85
CY2015Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.60
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
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CY2014Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.00
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.84
CY2015Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.59
CY2014Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
15000000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
15000000 USD
CY2015Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
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us-gaap Income Loss From Discontinued Operations Net Of Tax
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CY2014Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.09
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.09
CY2015Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.02
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
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CY2014Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.09
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.08
CY2015Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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-0.02
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.03
CY2014Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2015Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2014Q3 us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14000000 USD
CY2015Q3 us-gaap Income Tax Expense Benefit
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16000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
50000000 USD
us-gaap Increase Decrease In Accounts And Other Receivables
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106000000 USD
us-gaap Increase Decrease In Accounts And Other Receivables
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80000000 USD
us-gaap Increase Decrease In Deferred Revenue And Customer Advances And Deposits
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20000000 USD
us-gaap Increase Decrease In Deferred Revenue And Customer Advances And Deposits
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72000000 USD
us-gaap Increase Decrease In Inventories
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5000000 USD
us-gaap Increase Decrease In Inventories
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86000000 USD
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
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47000000 USD
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
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17000000 USD
us-gaap Increase Decrease In Other Operating Capital Net
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69000000 USD
us-gaap Increase Decrease In Other Operating Capital Net
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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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CY2015Q3 us-gaap Intangible Assets Net Excluding Goodwill
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830000000 USD
CY2014Q3 us-gaap Interest Expense
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46000000 USD
us-gaap Interest Expense
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135000000 USD
CY2015Q3 us-gaap Interest Expense
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42000000 USD
us-gaap Interest Expense
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131000000 USD
CY2014Q4 us-gaap Inventory Finished Goods Net Of Reserves
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148000000 USD
CY2015Q3 us-gaap Inventory Finished Goods Net Of Reserves
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178000000 USD
CY2014Q4 us-gaap Inventory Net
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669000000 USD
CY2015Q3 us-gaap Inventory Net
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718000000 USD
CY2014Q4 us-gaap Inventory Parts And Components Net Of Reserves
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389000000 USD
CY2015Q3 us-gaap Inventory Parts And Components Net Of Reserves
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379000000 USD
CY2014Q4 us-gaap Inventory Work In Process And Raw Materials Net Of Reserves
InventoryWorkInProcessAndRawMaterialsNetOfReserves
132000000 USD
CY2015Q3 us-gaap Inventory Work In Process And Raw Materials Net Of Reserves
InventoryWorkInProcessAndRawMaterialsNetOfReserves
161000000 USD
CY2014Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures Fair Value Disclosure
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure
0 USD
CY2015Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures Fair Value Disclosure
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure
0 USD
CY2014Q4 us-gaap Liabilities
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6709000000 USD
CY2015Q3 us-gaap Liabilities
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6200000000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
8607000000 USD
CY2015Q3 us-gaap Liabilities And Stockholders Equity
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7887000000 USD
CY2014Q4 us-gaap Liabilities Current
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2070000000 USD
CY2015Q3 us-gaap Liabilities Current
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1835000000 USD
CY2014Q4 us-gaap Long Term Debt Noncurrent
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3472000000 USD
CY2015Q3 us-gaap Long Term Debt Noncurrent
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3243000000 USD
CY2014Q3 us-gaap Maintenance Revenue
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490000000 USD
us-gaap Maintenance Revenue
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1496000000 USD
CY2015Q3 us-gaap Maintenance Revenue
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490000000 USD
us-gaap Maintenance Revenue
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1442000000 USD
CY2014Q4 us-gaap Minority Interest
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12000000 USD
CY2015Q3 us-gaap Minority Interest
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us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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370000000 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
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
235000000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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416000000 USD
CY2014Q3 us-gaap Net Income Loss
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15000000 USD
us-gaap Net Income Loss
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158000000 USD
CY2015Q3 us-gaap Net Income Loss
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98000000 USD
us-gaap Net Income Loss
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CY2014Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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0 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2000000 USD
CY2015Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1000000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
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4000000 USD
CY2014Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
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15000000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
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158000000 USD
CY2015Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
98000000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
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us-gaap Number Of Reportable Segments
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4 segment
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
41000000 USD
us-gaap Operating Income Loss
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318000000 USD
CY2015Q3 us-gaap Operating Income Loss
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168000000 USD
us-gaap Operating Income Loss
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us-gaap Other Asset Impairment Charges
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8000000 USD
us-gaap Other Asset Impairment Charges
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16000000 USD
CY2014Q4 us-gaap Other Assets Current
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504000000 USD
CY2015Q3 us-gaap Other Assets Current
OtherAssetsCurrent
453000000 USD
CY2014Q4 us-gaap Other Assets Miscellaneous Current
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240000000 USD
CY2015Q3 us-gaap Other Assets Miscellaneous Current
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249000000 USD
CY2014Q4 us-gaap Other Assets Noncurrent
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537000000 USD
CY2015Q3 us-gaap Other Assets Noncurrent
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551000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
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us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
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CY2015Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
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us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
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CY2014Q3 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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CY2015Q3 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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CY2014Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2015Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-39000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2014Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2015Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2014Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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1000000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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5000000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
1000000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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5000000 USD
CY2014Q3 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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CY2015Q3 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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3000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
0 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
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CY2015Q3 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 Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
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CY2014Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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1000000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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CY2015Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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2000000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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9000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
0 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
1000000 USD
CY2015Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
1000000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
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2000000 USD
CY2014Q4 us-gaap Other Liabilities Current
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481000000 USD
CY2015Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
392000000 USD
CY2014Q4 us-gaap Other Liabilities Noncurrent
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111000000 USD
CY2015Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
82000000 USD
CY2014Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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CY2015Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-4000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0 USD
us-gaap Payments For Restructuring
PaymentsForRestructuring
9000000 USD
us-gaap Payments For Restructuring
PaymentsForRestructuring
51000000 USD
us-gaap Payments For Software
PaymentsForSoftware
109000000 USD
us-gaap Payments For Software
PaymentsForSoftware
117000000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
3000000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
28000000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
10000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1647000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
0 USD
us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
0 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
88000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
47000000 USD
CY2014Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2015Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2014Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2015Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2014Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2015Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2015Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2014Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2015Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2014Q4 us-gaap Prepaid Pension Costs
PrepaidPensionCosts
551000000 USD
CY2015Q3 us-gaap Prepaid Pension Costs
PrepaidPensionCosts
137000000 USD
us-gaap Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
0 USD
us-gaap Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
0 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
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
10000000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
12000000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
690000000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
881000000 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
2000000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
0 USD
CY2014Q3 us-gaap Profit Loss
ProfitLoss
15000000 USD
us-gaap Profit Loss
ProfitLoss
160000000 USD
CY2015Q3 us-gaap Profit Loss
ProfitLoss
99000000 USD
us-gaap Profit Loss
ProfitLoss
-202000000 USD
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
396000000 USD
CY2015Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
338000000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
11000000 USD
CY2014Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
15000000 USD
CY2015Q3 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
12000000 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
528000000 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
977000000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
20000000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
312000000 USD
CY2014Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
59000000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
186000000 USD
CY2015Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
53000000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
175000000 USD
CY2013Q4 us-gaap Restructuring Reserve
RestructuringReserve
0 USD
CY2014Q3 us-gaap Restructuring Reserve
RestructuringReserve
58000000 USD
CY2014Q4 us-gaap Restructuring Reserve
RestructuringReserve
60000000 USD
CY2015Q3 us-gaap Restructuring Reserve
RestructuringReserve
24000000 USD
us-gaap Restructuring Reserve Accrual Adjustment
RestructuringReserveAccrualAdjustment
0 USD
us-gaap Restructuring Reserve Accrual Adjustment
RestructuringReserveAccrualAdjustment
-5000000 USD
us-gaap Restructuring Reserve Period Increase Decrease
RestructuringReservePeriodIncreaseDecrease
67000000 USD
us-gaap Restructuring Reserve Period Increase Decrease
RestructuringReservePeriodIncreaseDecrease
22000000 USD
us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
0 USD
us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
-2000000 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1563000000 USD
CY2015Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1357000000 USD
CY2014Q3 us-gaap Revenues
Revenues
1647000000 USD
us-gaap Revenues
Revenues
4823000000 USD
CY2015Q3 us-gaap Revenues
Revenues
1613000000 USD
us-gaap Revenues
Revenues
4693000000 USD
CY2014Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
721000000 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
2077000000 USD
CY2015Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
688000000 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
1995000000 USD
CY2014Q3 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
926000000 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
2746000000 USD
CY2015Q3 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
925000000 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
2698000000 USD
CY2014Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
232000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
724000000 USD
CY2015Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
224000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
788000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
26000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
32000000 USD
CY2014Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
187000000 USD
CY2015Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
5000000 USD
CY2014Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
21000000 USD
CY2014Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
22000000 USD
CY2015Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
23000000 USD
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
28000000 USD
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
28000000 USD
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
27000000 USD
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
29000000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
1871000000 USD
CY2015Q3 us-gaap Stockholders Equity
StockholdersEquity
1669000000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1883000000 USD
CY2015Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1675000000 USD
us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
9000000 USD
us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
17000000 USD
CY2014Q3 us-gaap Technology Services Revenue
TechnologyServicesRevenue
436000000 USD
us-gaap Technology Services Revenue
TechnologyServicesRevenue
1250000000 USD
CY2015Q3 us-gaap Technology Services Revenue
TechnologyServicesRevenue
435000000 USD
us-gaap Technology Services Revenue
TechnologyServicesRevenue
1256000000 USD
CY2014Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3100000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3400000 shares
CY2015Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2500000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
171300000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
171100000 shares
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
172300000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
169500000 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
168200000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
167700000 shares
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
169800000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
169500000 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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