2017 Q4 Form 10-Q Financial Statement

#000007086617000058 Filed on October 27, 2017

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q3 2016 Q3
Revenue $1.782B $1.663B $1.677B
YoY Change -1.11% -0.83% 3.97%
Cost Of Revenue $1.276B $662.0M $672.0M
YoY Change -0.85% -1.49% 4.35%
Gross Profit $510.0M $472.0M $477.0M
YoY Change 6.47% -1.05% 4.38%
Gross Profit Margin 28.62% 28.38% 28.44%
Selling, General & Admin $225.0M $220.0M $225.0M
YoY Change 8.17% -2.22% 0.45%
% of Gross Profit 44.12% 46.61% 47.17%
Research & Development $59.00M $53.00M $56.00M
YoY Change -10.61% -5.36% 5.66%
% of Gross Profit 11.57% 11.23% 11.74%
Depreciation & Amortization $91.00M $91.00M $84.00M
YoY Change 7.06% 8.33% 9.09%
% of Gross Profit 17.84% 19.28% 17.61%
Operating Expenses $300.0M $273.0M $281.0M
YoY Change 3.81% -2.85% 1.44%
Operating Profit $202.0M $199.0M $189.0M
YoY Change 38.36% 5.29% 12.5%
Interest Expense -$42.00M $42.00M $41.00M
YoY Change 5.0% 2.44% -2.38%
% of Operating Profit -20.79% 21.11% 21.69%
Other Income/Expense, Net -$23.00M -$7.000M -$8.000M
YoY Change -75.0% -12.5% 14.29%
Pretax Income $131.0M $150.0M $140.0M
YoY Change 47.19% 7.14% 17.65%
Income Tax $34.00M $31.00M $31.00M
% Of Pretax Income 25.95% 20.67% 22.14%
Net Earnings -$56.00M $106.0M $92.00M
YoY Change -224.44% 15.22% -6.12%
Net Earnings / Revenue -3.14% 6.37% 5.49%
Basic Earnings Per Share -$0.46 $0.87 $0.74
Diluted Earnings Per Share -$0.46 $0.77 $0.68
COMMON SHARES
Basic Shares Outstanding 121.8M shares 121.5M shares 123.9M shares
Diluted Shares Outstanding 153.1M shares 155.4M shares

Balance Sheet

Concept 2017 Q4 2017 Q3 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $537.0M $405.0M $318.0M
YoY Change 7.83% 27.36% 4.95%
Cash & Equivalents $537.0M $405.0M $318.0M
Short-Term Investments
Other Short-Term Assets $243.0M $263.0M $270.0M
YoY Change -12.59% -2.59% -40.4%
Inventory $780.0M $824.0M $776.0M
Prepaid Expenses
Receivables $1.270B $1.408B $1.387B
Other Receivables $37.00M $39.00M $56.00M
Total Short-Term Assets $2.830B $2.900B $2.751B
YoY Change 2.65% 5.42% -5.07%
LONG-TERM ASSETS
Property, Plant & Equipment $341.0M $321.0M $289.0M
YoY Change 18.82% 11.07% -14.5%
Goodwill $2.741B $2.741B $2.737B
YoY Change 0.51% 0.15% -0.47%
Intangibles $578.0M $591.0M $704.0M
YoY Change -13.99% -16.05% -15.18%
Long-Term Investments
YoY Change
Other Assets $586.0M $587.0M $552.0M
YoY Change 4.46% 6.34% 0.18%
Total Long-Term Assets $4.824B $4.950B $4.960B
YoY Change -1.87% -0.2% -0.58%
TOTAL ASSETS
Total Short-Term Assets $2.830B $2.900B $2.751B
Total Long-Term Assets $4.824B $4.950B $4.960B
Total Assets $7.654B $7.850B $7.711B
YoY Change -0.25% 1.8% -2.23%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $762.0M $720.0M $718.0M
YoY Change -2.43% 0.28% 3.91%
Accrued Expenses $219.0M $202.0M $212.0M
YoY Change -6.41% -4.72% 0.95%
Deferred Revenue
YoY Change
Short-Term Debt $52.00M $269.0M $256.0M
YoY Change 4.0% 5.08% 5020.0%
Long-Term Debt Due $52.00M $269.0M $256.0M
YoY Change 4.0% 5.08% 5020.0%
Total Short-Term Liabilities $1.889B $2.046B $2.002B
YoY Change -3.87% 2.2% 9.1%
LONG-TERM LIABILITIES
Long-Term Debt $2.939B $2.984B $3.033B
YoY Change -2.07% -1.62% -6.48%
Other Long-Term Liabilities $200.0M $197.0M $151.0M
YoY Change 44.93% 30.46% 84.15%
Total Long-Term Liabilities $3.139B $3.181B $3.184B
YoY Change 0.0% -0.09% -4.24%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.889B $2.046B $2.002B
Total Long-Term Liabilities $3.139B $3.181B $3.184B
Total Liabilities $6.107B $6.263B $6.191B
YoY Change -0.08% 1.16% -0.15%
SHAREHOLDERS EQUITY
Retained Earnings $857.0M $913.0M $822.0M
YoY Change -1.15% 11.07% -39.43%
Common Stock $61.00M $45.00M $22.00M
YoY Change 84.85% 104.55% -95.48%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $719.0M $770.0M $672.0M
YoY Change
Total Liabilities & Shareholders Equity $7.654B $7.850B $7.711B
YoY Change -0.25% 1.8% -2.23%

Cashflow Statement

Concept 2017 Q4 2017 Q3 2016 Q3
OPERATING ACTIVITIES
Net Income -$56.00M $106.0M $92.00M
YoY Change -224.44% 15.22% -6.12%
Depreciation, Depletion And Amortization $91.00M $91.00M $84.00M
YoY Change 7.06% 8.33% 9.09%
Cash From Operating Activities $490.0M $128.0M $215.0M
YoY Change -5.04% -40.47% 34.38%
INVESTING ACTIVITIES
Capital Expenditures -$88.00M -$79.00M -$62.00M
YoY Change 31.34% 27.42% 14.81%
Acquisitions
YoY Change
Other Investing Activities -$2.000M $6.000M $0.00
YoY Change 100.0% -100.0%
Cash From Investing Activities -$90.00M -$73.00M -$62.00M
YoY Change 32.35% 17.74% 21.57%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -268.0M -27.00M -167.0M
YoY Change 9.84% -83.83% -25.11%
NET CHANGE
Cash From Operating Activities 490.0M 128.0M 215.0M
Cash From Investing Activities -90.00M -73.00M -62.00M
Cash From Financing Activities -268.0M -27.00M -167.0M
Net Change In Cash 132.0M 28.00M -14.00M
YoY Change -35.29% -300.0% -87.72%
FREE CASH FLOW
Cash From Operating Activities $490.0M $128.0M $215.0M
Capital Expenditures -$88.00M -$79.00M -$62.00M
Free Cash Flow $578.0M $207.0M $277.0M
YoY Change -0.86% -25.27% 29.44%

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us-gaap Employee Stock Ownership Plan Esop Compensation Expense
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75000000 USD
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us-gaap Gain Loss On Sale Of Property Plant Equipment
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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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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 Including Portion Attributable To Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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us-gaap Income Loss From Discontinued Operations Net Of Tax
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us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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CY2016Q3 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
CY2017Q3 us-gaap Income Loss From Equity Method Investments
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us-gaap Income Loss From Equity Method Investments
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CY2016Q3 us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
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CY2017Q3 us-gaap Income Tax Expense Benefit
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31000000 USD
us-gaap Income Tax Expense Benefit
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78000000 USD
us-gaap Increase Decrease In Accounts And Other Receivables
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138000000 USD
us-gaap Increase Decrease In Accounts And Other Receivables
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107000000 USD
us-gaap Increase Decrease In Deferred Revenue And Customer Advances And Deposits
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20000000 USD
us-gaap Increase Decrease In Inventories
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128000000 USD
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120000000 USD
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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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CY2016Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2017Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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5000000 shares
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us-gaap Interest Expense
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130000000 USD
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220000000 USD
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CY2017Q3 us-gaap Inventory Work In Process And Raw Materials Net Of Reserves
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0 USD
CY2017Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures Fair Value Disclosure
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CY2017Q3 us-gaap Letters Of Credit Outstanding Amount
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CY2017Q3 us-gaap Liabilities
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CY2017Q3 us-gaap Liabilities Current
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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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us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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us-gaap Net Income Loss
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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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us-gaap Net Income Loss Available To Common Stockholders Basic
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us-gaap Net Income Loss Available To Common Stockholders Diluted
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179000000 USD
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us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
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CY2017Q3 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
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us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
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us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
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118000000 USD
us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
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174000000 USD
us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
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279000000 USD
us-gaap Number Of Reportable Segments
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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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CY2017Q3 us-gaap Other Assets Current
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CY2017Q3 us-gaap Other Assets Noncurrent
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CY2016Q3 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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CY2017Q3 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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CY2016Q3 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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CY2017Q3 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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25000000 USD
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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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us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2017Q3 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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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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1000000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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4000000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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0 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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CY2016Q3 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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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
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2000000 USD
CY2016Q3 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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1000000 USD
CY2017Q3 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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2000000 USD
CY2016Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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4000000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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4000000 USD
CY2017Q3 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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CY2016Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
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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
CY2017Q3 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
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us-gaap Other Nonoperating Income Expense
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us-gaap Other Preferred Stock Dividends And Adjustments
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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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350000000 USD
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us-gaap Payments For Software
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8000000 USD
us-gaap Payments Of Debt Issuance Costs
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0 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
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us-gaap Payments To Acquire Property Plant And Equipment
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45000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
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CY2016Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
13000000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
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CY2017Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
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us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
36000000 USD
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2017Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2016Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2017Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
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0 USD
us-gaap Proceeds From Contributions From Parent
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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
10000000 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
856000000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
1335000000 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
-2000000 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
-2000000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
10000000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
6000000 USD
CY2016Q3 us-gaap Profit Loss
ProfitLoss
107000000 USD
us-gaap Profit Loss
ProfitLoss
213000000 USD
CY2017Q3 us-gaap Profit Loss
ProfitLoss
119000000 USD
us-gaap Profit Loss
ProfitLoss
278000000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
287000000 USD
CY2017Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
321000000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
8000000 USD
CY2016Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
15000000 USD
CY2017Q3 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
14000000 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
736000000 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
1110000000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
84000000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
37000000 USD
CY2016Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
56000000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
159000000 USD
CY2017Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
53000000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
178000000 USD
CY2016Q3 us-gaap Restricted Stock Expense
RestrictedStockExpense
16000000 USD
us-gaap Restricted Stock Expense
RestrictedStockExpense
45000000 USD
CY2017Q3 us-gaap Restricted Stock Expense
RestrictedStockExpense
18000000 USD
us-gaap Restricted Stock Expense
RestrictedStockExpense
57000000 USD
CY2016Q3 us-gaap Restructuring Charges
RestructuringCharges
7000000 USD
us-gaap Restructuring Charges
RestructuringCharges
13000000 USD
CY2017Q3 us-gaap Restructuring Charges
RestructuringCharges
0 USD
us-gaap Restructuring Charges
RestructuringCharges
0 USD
CY2015Q4 us-gaap Restructuring Reserve
RestructuringReserve
20000000 USD
CY2016Q3 us-gaap Restructuring Reserve
RestructuringReserve
3000000 USD
CY2016Q4 us-gaap Restructuring Reserve
RestructuringReserve
1000000 USD
CY2017Q3 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
13000000 USD
us-gaap Restructuring Reserve Period Increase Decrease
RestructuringReservePeriodIncreaseDecrease
0 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
867000000 USD
CY2017Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
913000000 USD
CY2016Q3 us-gaap Revenues
Revenues
1677000000 USD
us-gaap Revenues
Revenues
4741000000 USD
CY2017Q3 us-gaap Revenues
Revenues
1663000000 USD
us-gaap Revenues
Revenues
4734000000 USD
CY2016Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
708000000 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
1932000000 USD
CY2017Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
657000000 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
1829000000 USD
CY2016Q3 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
969000000 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
2809000000 USD
CY2017Q3 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
1006000000 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
2905000000 USD
CY2016Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
225000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
678000000 USD
CY2017Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
220000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
676000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
45000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
60000000 USD
CY2016Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
50000000 USD
CY2017Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
269000000 USD
CY2015Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
24000000 USD
CY2016Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
26000000 USD
CY2016Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
27000000 USD
CY2017Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
25000000 USD
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
29000000 USD
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
31000000 USD
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
31000000 USD
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
29000000 USD
CY2017Q3 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
200000 shares
us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
400000 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
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
770000000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
699000000 USD
CY2017Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
774000000 USD
CY2017Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
738000000 USD
CY2016Q3 us-gaap Technology Services Revenue
TechnologyServicesRevenue
266000000 USD
us-gaap Technology Services Revenue
TechnologyServicesRevenue
729000000 USD
CY2017Q3 us-gaap Technology Services Revenue
TechnologyServicesRevenue
278000000 USD
us-gaap Technology Services Revenue
TechnologyServicesRevenue
766000000 USD
CY2016Q4 us-gaap Temporary Equity Aggregate Amount Of Redemption Requirement
TemporaryEquityAggregateAmountOfRedemptionRequirement
870000000 USD
CY2017Q3 us-gaap Temporary Equity Aggregate Amount Of Redemption Requirement
TemporaryEquityAggregateAmountOfRedemptionRequirement
813000000 USD
CY2016Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
847000000 USD
CY2017Q3 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
799000000 USD
CY2016Q4 us-gaap Temporary Equity Liquidation Preference
TemporaryEquityLiquidationPreference
870000000 USD
CY2017Q3 us-gaap Temporary Equity Liquidation Preference
TemporaryEquityLiquidationPreference
813000000 USD
CY2016Q4 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.01
CY2017Q3 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
3000000 shares
CY2017Q3 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
3000000 shares
CY2016Q4 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
900000 shares
CY2017Q3 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
800000 shares
CY2016Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
900000 shares
CY2017Q3 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
800000 shares
CY2016Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
29000000 USD
CY2017Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
25000000 USD
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
155400000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
156800000 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
153100000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
126900000 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
123900000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
126000000 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
121500000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
121900000 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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