2017 Q2 Form 10-Q Financial Statement

#000007086617000044 Filed on July 28, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q2
Revenue $1.593B $1.620B
YoY Change -1.67% 1.0%
Cost Of Revenue $654.0M $657.0M
YoY Change -0.46% -28.12%
Gross Profit $461.0M $446.0M
YoY Change 3.36% 205.48%
Gross Profit Margin 28.94% 27.53%
Selling, General & Admin $228.0M $229.0M
YoY Change -0.44% -32.45%
% of Gross Profit 49.46% 51.35%
Research & Development $58.00M $50.00M
YoY Change 16.0% -25.37%
% of Gross Profit 12.58% 11.21%
Depreciation & Amortization $87.00M $86.00M
YoY Change 1.16% 13.16%
% of Gross Profit 18.87% 19.28%
Operating Expenses $286.0M $279.0M
YoY Change 2.51% -31.28%
Operating Profit $175.0M $163.0M
YoY Change 7.36% -161.28%
Interest Expense $41.00M $43.00M
YoY Change -4.65% -4.44%
% of Operating Profit 23.43% 26.38%
Other Income/Expense, Net -$4.000M -$15.00M
YoY Change -73.33%
Pretax Income $130.0M $105.0M
YoY Change 23.81% -133.76%
Income Tax $33.00M $31.00M
% Of Pretax Income 25.38% 29.52%
Net Earnings $90.00M $63.00M
YoY Change 42.86% -118.31%
Net Earnings / Revenue 5.65% 3.89%
Basic Earnings Per Share $0.74 $0.51
Diluted Earnings Per Share $0.67 $0.49
COMMON SHARES
Basic Shares Outstanding 121.4M shares 123.8M shares
Diluted Shares Outstanding 152.7M shares 154.5M shares

Balance Sheet

Concept 2017 Q2 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $377.0M $332.0M
YoY Change 13.55% -21.88%
Cash & Equivalents $377.0M $332.0M
Short-Term Investments
Other Short-Term Assets $290.0M $294.0M
YoY Change -1.36% -38.88%
Inventory $828.0M $765.0M
Prepaid Expenses
Receivables $1.321B $1.362B
Other Receivables $39.00M $49.00M
Total Short-Term Assets $2.816B $2.753B
YoY Change 2.29% -9.44%
LONG-TERM ASSETS
Property, Plant & Equipment $304.0M $290.0M
YoY Change 4.83% -16.67%
Goodwill $2.736B $2.736B
YoY Change 0.0% -0.8%
Intangibles $618.0M $734.0M
YoY Change -15.8% -14.95%
Long-Term Investments
YoY Change
Other Assets $575.0M $544.0M
YoY Change 5.7% -0.18%
Total Long-Term Assets $4.951B $4.998B
YoY Change -0.94% -0.56%
TOTAL ASSETS
Total Short-Term Assets $2.816B $2.753B
Total Long-Term Assets $4.951B $4.998B
Total Assets $7.767B $7.751B
YoY Change 0.21% -3.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $731.0M $676.0M
YoY Change 8.14% -2.73%
Accrued Expenses $205.0M $191.0M
YoY Change 7.33% 7.3%
Deferred Revenue
YoY Change
Short-Term Debt $267.0M $259.0M
YoY Change 3.09% 338.98%
Long-Term Debt Due $267.0M $259.0M
YoY Change 3.09% 338.98%
Total Short-Term Liabilities $2.113B $2.017B
YoY Change 4.76% 5.6%
LONG-TERM LIABILITIES
Long-Term Debt $3.015B $3.198B
YoY Change -5.72% -6.35%
Other Long-Term Liabilities $161.0M $141.0M
YoY Change 14.18% 69.88%
Total Long-Term Liabilities $3.176B $3.339B
YoY Change -4.88% -4.55%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.113B $2.017B
Total Long-Term Liabilities $3.176B $3.339B
Total Liabilities $6.320B $6.360B
YoY Change -0.63% -1.43%
SHAREHOLDERS EQUITY
Retained Earnings $806.0M $730.0M
YoY Change 10.41% -42.02%
Common Stock $26.00M $1.000M
YoY Change 2500.0% -99.79%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $642.0M $555.0M
YoY Change
Total Liabilities & Shareholders Equity $7.767B $7.751B
YoY Change 0.21% -3.91%

Cashflow Statement

Concept 2017 Q2 2016 Q2
OPERATING ACTIVITIES
Net Income $90.00M $63.00M
YoY Change 42.86% -118.31%
Depreciation, Depletion And Amortization $87.00M $86.00M
YoY Change 1.16% 13.16%
Cash From Operating Activities $93.00M $113.0M
YoY Change -17.7% -26.62%
INVESTING ACTIVITIES
Capital Expenditures -$75.00M -$58.00M
YoY Change 29.31% -1.69%
Acquisitions
YoY Change
Other Investing Activities $1.000M $47.00M
YoY Change -97.87% 1466.67%
Cash From Investing Activities -$74.00M -$11.00M
YoY Change 572.73% -80.36%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -47.00M -98.00M
YoY Change -52.04% -28.99%
NET CHANGE
Cash From Operating Activities 93.00M 113.0M
Cash From Investing Activities -74.00M -11.00M
Cash From Financing Activities -47.00M -98.00M
Net Change In Cash -28.00M 4.000M
YoY Change -800.0% -110.0%
FREE CASH FLOW
Cash From Operating Activities $93.00M $113.0M
Capital Expenditures -$75.00M -$58.00M
Free Cash Flow $168.0M $171.0M
YoY Change -1.75% -19.72%

Facts In Submission

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us-gaap Employee Stock Ownership Plan Esop Compensation Expense
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us-gaap Employee Stock Ownership Plan Esop Compensation Expense
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85000000 USD
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59000000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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45000000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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49000000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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57000000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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75000000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Gross
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1210000000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Gross
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us-gaap Gain Loss On Sale Of Business
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us-gaap Gain Loss On Sale Of Business
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0 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
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0 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
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1000000 USD
CY2016Q4 us-gaap Goodwill
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CY2017Q2 us-gaap Goodwill
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2750000000 USD
CY2017Q2 us-gaap Goodwill Gross
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CY2016Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
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us-gaap Goodwill Impairment Loss
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us-gaap Income Loss From Continuing Operations
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105000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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150000000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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130000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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201000000 USD
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74000000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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106000000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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97000000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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154000000 USD
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us-gaap Income Loss From Continuing Operations Per Basic Share
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us-gaap Income Loss From Continuing Operations Per Basic Share
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CY2016Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
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us-gaap Income Loss From Continuing Operations Per Diluted Share
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CY2017Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
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0.64
us-gaap Income Loss From Continuing Operations Per Diluted Share
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CY2016Q2 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
CY2017Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
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5000000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
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5000000 USD
CY2016Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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0 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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0 USD
CY2017Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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5000000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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5000000 USD
CY2016Q2 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
CY2017Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0.04
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0.04
CY2016Q2 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
CY2017Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.03
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.04
CY2016Q2 us-gaap Income Loss From Equity Method Investments
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0 USD
us-gaap Income Loss From Equity Method Investments
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0 USD
CY2017Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
us-gaap Income Loss From Equity Method Investments
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0 USD
CY2016Q2 us-gaap Income Tax Expense Benefit
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31000000 USD
us-gaap Income Tax Expense Benefit
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44000000 USD
CY2017Q2 us-gaap Income Tax Expense Benefit
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33000000 USD
us-gaap Income Tax Expense Benefit
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47000000 USD
us-gaap Increase Decrease In Accounts And Other Receivables
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121000000 USD
us-gaap Increase Decrease In Accounts And Other Receivables
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28000000 USD
us-gaap Increase Decrease In Deferred Revenue And Customer Advances And Deposits
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131000000 USD
us-gaap Increase Decrease In Deferred Revenue And Customer Advances And Deposits
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50000000 USD
us-gaap Increase Decrease In Inventories
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123000000 USD
us-gaap Increase Decrease In Inventories
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126000000 USD
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
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4000000 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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54000000 USD
us-gaap Increase Decrease In Other Operating Capital Net
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29000000 USD
CY2016Q2 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
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us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
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0 shares
CY2017Q2 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
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26600000 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
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0 shares
CY2016Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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2700000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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2500000 shares
CY2017Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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4700000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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5100000 shares
CY2016Q4 us-gaap Intangible Assets Net Excluding Goodwill
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CY2017Q2 us-gaap Intangible Assets Net Excluding Goodwill
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618000000 USD
CY2016Q2 us-gaap Interest Expense
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43000000 USD
us-gaap Interest Expense
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89000000 USD
CY2017Q2 us-gaap Interest Expense
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41000000 USD
us-gaap Interest Expense
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80000000 USD
CY2016Q4 us-gaap Inventory Finished Goods Net Of Reserves
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149000000 USD
CY2017Q2 us-gaap Inventory Finished Goods Net Of Reserves
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219000000 USD
CY2016Q4 us-gaap Inventory Net
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699000000 USD
CY2017Q2 us-gaap Inventory Net
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828000000 USD
CY2016Q4 us-gaap Inventory Parts And Components Net Of Reserves
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396000000 USD
CY2017Q2 us-gaap Inventory Parts And Components Net Of Reserves
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406000000 USD
CY2016Q4 us-gaap Inventory Work In Process And Raw Materials Net Of Reserves
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154000000 USD
CY2017Q2 us-gaap Inventory Work In Process And Raw Materials Net Of Reserves
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203000000 USD
CY2016Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures Fair Value Disclosure
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0 USD
CY2017Q2 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures Fair Value Disclosure
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0 USD
CY2017Q2 us-gaap Letters Of Credit Outstanding Amount
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CY2016Q4 us-gaap Liabilities
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CY2017Q2 us-gaap Liabilities
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6320000000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
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CY2017Q2 us-gaap Liabilities And Stockholders Equity
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CY2017Q2 us-gaap Long Term Debt Noncurrent
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CY2016Q4 us-gaap Minority Interest
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CY2017Q2 us-gaap Minority Interest
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us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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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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144000000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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138000000 USD
CY2016Q2 us-gaap Net Income Loss
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us-gaap Net Income Loss
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CY2017Q2 us-gaap Net Income Loss
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102000000 USD
us-gaap Net Income Loss
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CY2016Q2 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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us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2016Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
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63000000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
84000000 USD
CY2017Q2 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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73000000 USD
CY2016Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
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us-gaap Net Income Loss Available To Common Stockholders Diluted
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CY2017Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
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102000000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
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73000000 USD
CY2016Q2 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
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63000000 USD
us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
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84000000 USD
CY2017Q2 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
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85000000 USD
us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
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68000000 USD
CY2016Q2 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
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76000000 USD
us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
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84000000 USD
CY2017Q2 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
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97000000 USD
us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
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68000000 USD
us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
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160000000 USD
us-gaap Number Of Reportable Segments
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CY2016Q2 us-gaap Operating Income Loss
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163000000 USD
us-gaap Operating Income Loss
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264000000 USD
CY2017Q2 us-gaap Operating Income Loss
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178000000 USD
us-gaap Operating Income Loss
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295000000 USD
us-gaap Other Asset Impairment Charges
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us-gaap Other Asset Impairment Charges
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CY2016Q4 us-gaap Other Assets Current
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CY2017Q2 us-gaap Other Assets Current
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290000000 USD
CY2016Q4 us-gaap Other Assets Noncurrent
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CY2017Q2 us-gaap Other Assets Noncurrent
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575000000 USD
CY2016Q2 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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CY2017Q2 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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0 USD
CY2016Q2 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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CY2017Q2 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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22000000 USD
CY2016Q2 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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CY2017Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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5000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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29000000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2017Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Other Comprehensive Income Loss Net Of Tax
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15000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2016Q2 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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3000000 USD
CY2017Q2 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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2000000 USD
CY2016Q2 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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CY2017Q2 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
CY2016Q2 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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1000000 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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1000000 USD
CY2017Q2 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
1000000 USD
CY2016Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
2000000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
0 USD
CY2017Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
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us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
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CY2016Q2 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
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
0 USD
CY2017Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
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us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
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CY2016Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
432000000 USD
CY2017Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
389000000 USD
CY2016Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
138000000 USD
CY2017Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
161000000 USD
CY2016Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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CY2017Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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CY2016Q2 us-gaap Other Preferred Stock Dividends And Adjustments
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us-gaap Other Than Temporary Impairment Losses Investments Availableforsale Securities
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us-gaap Payments For Repurchase Of Common Stock
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250000000 USD
us-gaap Payments For Repurchase Of Common Stock
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350000000 USD
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16000000 USD
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1000000 USD
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74000000 USD
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84000000 USD
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8000000 USD
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0 USD
CY2016Q2 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
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11000000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
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23000000 USD
CY2017Q2 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
11000000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
23000000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
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7000000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
24000000 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
24000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
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43000000 USD
CY2016Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
13000000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
24000000 USD
CY2017Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
12000000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
24000000 USD
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2017Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2016Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2017Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2017Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 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 Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
47000000 USD
us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
0 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
6000000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
8000000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
706000000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
855000000 USD
us-gaap Proceeds From Payments For Long Term Loans For Related Parties
ProceedsFromPaymentsForLongTermLoansForRelatedParties
0 USD
us-gaap Proceeds From Payments For Long Term Loans For Related Parties
ProceedsFromPaymentsForLongTermLoansForRelatedParties
0 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1000000 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
1000000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
13000000 USD
CY2016Q2 us-gaap Profit Loss
ProfitLoss
74000000 USD
us-gaap Profit Loss
ProfitLoss
106000000 USD
CY2017Q2 us-gaap Profit Loss
ProfitLoss
102000000 USD
us-gaap Profit Loss
ProfitLoss
159000000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
287000000 USD
CY2017Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
304000000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
7000000 USD
CY2016Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
15000000 USD
CY2017Q2 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
14000000 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
431000000 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
615000000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
73000000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
25000000 USD
CY2016Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
50000000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
103000000 USD
CY2017Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
58000000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
125000000 USD
CY2016Q2 us-gaap Restricted Stock Expense
RestrictedStockExpense
16000000 USD
us-gaap Restricted Stock Expense
RestrictedStockExpense
29000000 USD
CY2017Q2 us-gaap Restricted Stock Expense
RestrictedStockExpense
21000000 USD
us-gaap Restricted Stock Expense
RestrictedStockExpense
39000000 USD
CY2016Q2 us-gaap Restructuring Charges
RestructuringCharges
4000000 USD
us-gaap Restructuring Charges
RestructuringCharges
6000000 USD
CY2017Q2 us-gaap Restructuring Charges
RestructuringCharges
0 USD
us-gaap Restructuring Charges
RestructuringCharges
0 USD
CY2015Q4 us-gaap Restructuring Reserve
RestructuringReserve
20000000 USD
CY2016Q2 us-gaap Restructuring Reserve
RestructuringReserve
8000000 USD
CY2016Q4 us-gaap Restructuring Reserve
RestructuringReserve
1000000 USD
CY2017Q2 us-gaap Restructuring Reserve
RestructuringReserve
0 USD
us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
-2000000 USD
us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
0 USD
us-gaap Restructuring Reserve Period Increase Decrease
RestructuringReservePeriodIncreaseDecrease
6000000 USD
us-gaap Restructuring Reserve Period Increase Decrease
RestructuringReservePeriodIncreaseDecrease
0 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
867000000 USD
CY2017Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
806000000 USD
CY2016Q2 us-gaap Revenues
Revenues
1620000000 USD
us-gaap Revenues
Revenues
3064000000 USD
CY2017Q2 us-gaap Revenues
Revenues
1593000000 USD
us-gaap Revenues
Revenues
3071000000 USD
CY2016Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
676000000 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
1224000000 USD
CY2017Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
618000000 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
1172000000 USD
CY2016Q2 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
944000000 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
1840000000 USD
CY2017Q2 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
975000000 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
1899000000 USD
CY2016Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
229000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
453000000 USD
CY2017Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
227000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
456000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
29000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
41000000 USD
CY2016Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
50000000 USD
CY2017Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
267000000 USD
CY2015Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
24000000 USD
CY2016Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
22000000 USD
CY2016Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
27000000 USD
CY2017Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
24000000 USD
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
20000000 USD
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
21000000 USD
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
18000000 USD
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
18000000 USD
CY2017Q2 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
100000 shares
us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
200000 shares
us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
87000000 USD
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
7400000 shares
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
350000000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
695000000 USD
CY2017Q2 us-gaap Stockholders Equity
StockholdersEquity
642000000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
699000000 USD
CY2017Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
647000000 USD
CY2017Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
738000000 USD
CY2016Q2 us-gaap Technology Services Revenue
TechnologyServicesRevenue
254000000 USD
us-gaap Technology Services Revenue
TechnologyServicesRevenue
463000000 USD
CY2017Q2 us-gaap Technology Services Revenue
TechnologyServicesRevenue
261000000 USD
us-gaap Technology Services Revenue
TechnologyServicesRevenue
488000000 USD
CY2016Q4 us-gaap Temporary Equity Aggregate Amount Of Redemption Requirement
TemporaryEquityAggregateAmountOfRedemptionRequirement
870000000 USD
CY2017Q2 us-gaap Temporary Equity Aggregate Amount Of Redemption Requirement
TemporaryEquityAggregateAmountOfRedemptionRequirement
802000000 USD
CY2016Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
847000000 USD
CY2017Q2 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
786000000 USD
CY2016Q4 us-gaap Temporary Equity Liquidation Preference
TemporaryEquityLiquidationPreference
870000000 USD
CY2017Q2 us-gaap Temporary Equity Liquidation Preference
TemporaryEquityLiquidationPreference
802000000 USD
CY2016Q4 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.01
CY2017Q2 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
3000000 shares
CY2017Q2 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
3000000 shares
CY2016Q4 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
800000 shares
CY2017Q2 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
900000 shares
CY2015Q4 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
820000 shares
CY2016Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
800000 shares
CY2017Q2 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
900000 shares
CY2016Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
29000000 USD
CY2017Q2 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
27000000 USD
CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
154500000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
129600000 shares
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
152700000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
127200000 shares
CY2016Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
123800000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
127100000 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
121400000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
122100000 shares
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<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;">Reclassifications </font><font style="font-family:inherit;font-size:10pt;">Certain prior-period amounts have been reclassified in the accompanying Condensed Consolidated Financial Statements and Notes thereto in order to conform to the current period presentation.</font></div></div>
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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