2013 Form 10-K Financial Statement

#000143710714000016 Filed on February 20, 2014

View on sec.gov

Income Statement

Concept 2013 2012 Q4 2012 Q3
Revenue $5.535B $1.200B $1.076B
YoY Change 23.36% 8.5% -0.37%
Cost Of Revenue $1.689B $328.0M $296.0M
YoY Change 38.67% 3.8% -9.76%
Gross Profit $3.846B $872.0M $780.0M
YoY Change 17.65% 10.38% 3.72%
Gross Profit Margin 69.49% 72.67% 72.49%
Selling, General & Admin $1.598B $359.0M $314.0M
YoY Change 24.16% 13.61% 7.17%
% of Gross Profit 41.55% 41.17% 40.26%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $276.0M $257.0M $243.0M
YoY Change 135.9% 1.98% -10.66%
% of Gross Profit 7.18% 29.47% 31.15%
Operating Expenses $1.598B $389.0M $314.0M
YoY Change 24.16% 12.75% 7.17%
Operating Profit $1.975B $481.0M $438.0M
YoY Change 6.24% 13.98% 2.34%
Interest Expense -$229.0M -$76.00M -$90.00M
YoY Change -32.65% -2.56% 50.0%
% of Operating Profit -11.59% -15.8% -20.55%
Other Income/Expense, Net $49.00M $0.00 $1.000M
YoY Change -800.0% -100.0% -120.0%
Pretax Income $1.736B $405.0M $349.0M
YoY Change 14.36% 17.05% -4.9%
Income Tax $659.0M $181.0M $134.0M
% Of Pretax Income 37.96% 44.69% 38.4%
Net Earnings $1.075B $224.0M $205.0M
YoY Change 14.0% -33.53% -13.5%
Net Earnings / Revenue 19.42% 18.67% 19.05%
Basic Earnings Per Share $3.01 $0.61 $0.55
Diluted Earnings Per Share $2.97 $0.61 $0.55
COMMON SHARES
Basic Shares Outstanding 357.0M shares 372.0M shares
Diluted Shares Outstanding 361.0M shares 375.0M shares

Balance Sheet

Concept 2013 2012 Q4 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $408.0M $1.201B $1.553B
YoY Change -66.03% 14.6% 50.48%
Cash & Equivalents $408.0M $1.201B $1.553B
Short-Term Investments
Other Short-Term Assets $631.0M $399.0M $363.0M
YoY Change 58.15% 17.01% 24.74%
Inventory
Prepaid Expenses
Receivables $1.371B $1.130B $1.079B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.410B $2.730B $2.995B
YoY Change -11.72% 12.3% 30.27%
LONG-TERM ASSETS
Property, Plant & Equipment $514.0M $388.0M $368.0M
YoY Change 32.47% 2.37% -0.81%
Goodwill $6.399B $6.314B
YoY Change 1.72%
Intangibles $611.0M $552.0M
YoY Change 7.01%
Long-Term Investments $1.087B $1.095B $821.0M
YoY Change -0.73% 35.69% 0.61%
Other Assets $179.0M $152.0M $155.0M
YoY Change 17.76% 15.15% 6.16%
Total Long-Term Assets $12.57B $10.20B $9.692B
YoY Change 23.23% 7.57% 2.0%
TOTAL ASSETS
Total Short-Term Assets $2.410B $2.730B $2.995B
Total Long-Term Assets $12.57B $10.20B $9.692B
Total Assets $14.98B $12.93B $12.69B
YoY Change 15.85% 8.54% 7.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $141.0M $71.00M $54.00M
YoY Change 98.59% 33.96% 12.5%
Accrued Expenses $921.0M $721.0M $618.0M
YoY Change 39.12% 30.14% 29.29%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $17.00M $31.00M $21.00M
YoY Change -45.16% 19.23% 5.0%
Total Short-Term Liabilities $1.294B $946.0M $826.0M
YoY Change 36.79% 26.81% 16.83%
LONG-TERM LIABILITIES
Long-Term Debt $6.482B $5.212B $5.210B
YoY Change 24.37% 23.54% 23.2%
Other Long-Term Liabilities $333.0M $207.0M $124.0M
YoY Change 60.87% 125.0% 14.81%
Total Long-Term Liabilities $6.815B $207.0M $124.0M
YoY Change 25.76% 125.0% -97.14%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.294B $946.0M $826.0M
Total Long-Term Liabilities $6.815B $207.0M $124.0M
Total Liabilities $8.783B $6.637B $6.420B
YoY Change 32.29% 23.04% 18.91%
SHAREHOLDERS EQUITY
Retained Earnings $2.075B $1.851B
YoY Change 83.3%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.482B $2.248B
YoY Change 125.23%
Treasury Stock Shares
Shareholders Equity $6.196B $6.291B $6.265B
YoY Change
Total Liabilities & Shareholders Equity $14.98B $12.93B $12.69B
YoY Change 15.85% 8.54% 7.51%

Cashflow Statement

Concept 2013 2012 Q4 2012 Q3
OPERATING ACTIVITIES
Net Income $1.075B $224.0M $205.0M
YoY Change 14.0% -33.53% -13.5%
Depreciation, Depletion And Amortization $276.0M $257.0M $243.0M
YoY Change 135.9% 1.98% -10.66%
Cash From Operating Activities $1.285B $328.0M $382.0M
YoY Change 16.92% -3.53% 16.11%
INVESTING ACTIVITIES
Capital Expenditures $115.0M $24.00M $29.00M
YoY Change 49.35% 50.0% 93.33%
Acquisitions $1.861B
YoY Change 1148.99%
Other Investing Activities $3.000M -$424.0M -$52.00M
YoY Change -90.0% 573.02% 372.73%
Cash From Investing Activities -$1.987B -$448.0M -$81.00M
YoY Change 209.02% 467.09% 211.54%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.049B $454.0M
YoY Change -23.99% 27.89%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -85.00M -233.0M -448.0M
YoY Change -72.13% -3.72% 26.55%
NET CHANGE
Cash From Operating Activities 1.285B 328.0M 382.0M
Cash From Investing Activities -1.987B -448.0M -81.00M
Cash From Financing Activities -85.00M -233.0M -448.0M
Net Change In Cash -787.0M -353.0M -147.0M
YoY Change -621.19% -1957.89% 188.24%
FREE CASH FLOW
Cash From Operating Activities $1.285B $328.0M $382.0M
Capital Expenditures $115.0M $24.00M $29.00M
Free Cash Flow $1.170B $304.0M $353.0M
YoY Change 14.48% -6.17% 12.42%

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CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2011 us-gaap Cash And Cash Equivalents Period Increase Decrease
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CY2013 us-gaap Cash And Cash Equivalents Period Increase Decrease
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CY2013Q4 us-gaap Commitments And Contingencies
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CY2012Q4 us-gaap Commitments And Contingencies
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CY2013 us-gaap Comprehensive Income Net Of Tax
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CY2012 us-gaap Comprehensive Income Net Of Tax
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CY2011 us-gaap Comprehensive Income Net Of Tax
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CY2013 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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CY2012 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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CY2012 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2013 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2011 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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0.1
CY2012 us-gaap Concentration Risk Percentage1
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0.1
CY2011 us-gaap Concentration Risk Percentage1
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CY2012Q4 us-gaap Cost Method Investments
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CY2013Q4 us-gaap Cost Method Investments
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CY2012 us-gaap Cost Of Revenue
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CY2013 us-gaap Cost Of Revenue
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CY2012 us-gaap Costs And Expenses
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CY2011 us-gaap Costs And Expenses
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2365000000 USD
CY2013 us-gaap Costs And Expenses
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CY2012 us-gaap Current Federal Tax Expense Benefit
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419000000 USD
CY2011 us-gaap Current Federal Tax Expense Benefit
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CY2013 us-gaap Current Federal Tax Expense Benefit
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333000000 USD
CY2012 us-gaap Current Foreign Tax Expense Benefit
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118000000 USD
CY2013 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
175000000 USD
CY2011 us-gaap Current Foreign Tax Expense Benefit
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109000000 USD
CY2012 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
632000000 USD
CY2013 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
576000000 USD
CY2011 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
400000000 USD
CY2011 us-gaap Current State And Local Tax Expense Benefit
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38000000 USD
CY2013 us-gaap Current State And Local Tax Expense Benefit
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68000000 USD
CY2012 us-gaap Current State And Local Tax Expense Benefit
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95000000 USD
CY2012Q4 us-gaap Debt Instrument Carrying Amount
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5260000000 USD
CY2013Q4 us-gaap Debt Instrument Carrying Amount
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6515000000 USD
CY2012Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
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17000000 USD
CY2013Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
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16000000 USD
CY2012Q4 us-gaap Deferred Compensation Cashbased Arrangements Liability Current And Noncurrent
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96000000 USD
CY2013Q4 us-gaap Deferred Compensation Cashbased Arrangements Liability Current And Noncurrent
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129000000 USD
CY2012Q4 us-gaap Deferred Compensation Share Based Arrangements Liability Current
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55000000 USD
CY2013Q4 us-gaap Deferred Compensation Share Based Arrangements Liability Current
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85000000 USD
CY2012Q4 us-gaap Deferred Compensation Sharebased Arrangements Liability Current And Noncurrent
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80000000 USD
CY2013Q4 us-gaap Deferred Compensation Sharebased Arrangements Liability Current And Noncurrent
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138000000 USD
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CY2011 us-gaap Deferred Income Tax Expense Benefit
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27000000 USD
CY2012 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2012 us-gaap Deferred Income Tax Expense Benefit
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CY2013 us-gaap Deferred Income Tax Expense Benefit
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CY2013Q4 us-gaap Deferred Revenue
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CY2012 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2011 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2012Q4 us-gaap Deferred Tax Assets Net
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CY2013Q4 us-gaap Deferred Tax Assets Net
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CY2013Q4 us-gaap Deferred Tax Assets Net Current
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CY2012Q4 us-gaap Deferred Tax Assets Other Tax Carryforwards
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CY2012Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
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CY2013Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
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CY2012Q4 us-gaap Deferred Tax Liabilities
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178000000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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421000000 USD
CY2012Q4 us-gaap Deferred Tax Liabilities Investment In Noncontrolled Affiliates
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CY2013Q4 us-gaap Deferred Tax Liabilities Investment In Noncontrolled Affiliates
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CY2013Q4 us-gaap Deferred Tax Liabilities Noncurrent
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CY2012Q4 us-gaap Deferred Tax Liabilities Noncurrent
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31000000 USD
CY2012Q4 us-gaap Deferred Tax Liabilities Other
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33000000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
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278000000 USD
CY2011 us-gaap Defined Benefit Plan Contributions By Employer
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14000000 USD
CY2013 us-gaap Defined Benefit Plan Contributions By Employer
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28000000 USD
CY2012 us-gaap Defined Benefit Plan Contributions By Employer
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CY2013 us-gaap Depreciation And Amortization
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276000000 USD
CY2012 us-gaap Depreciation And Amortization
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117000000 USD
CY2011 us-gaap Depreciation And Amortization
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CY2013 us-gaap Depreciation Depletion And Amortization
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276000000 USD
CY2012 us-gaap Depreciation Depletion And Amortization
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117000000 USD
CY2011 us-gaap Depreciation Depletion And Amortization
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CY2011 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
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CY2012 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
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CY2012Q4 us-gaap Derivative Liabilities
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CY2013Q4 us-gaap Derivative Liabilities
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CY2013 us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Accounting and Reporting Pronouncements Not Yet Adopted </font></div><div style="line-height:120%;padding-top:6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Presentation of Unrecognized Tax Benefits</font></div><div style="line-height:120%;padding-top:6px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In July 2013, the FASB issued guidance stating that a liability related to an unrecognized tax benefit should be offset against a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward if such settlement is required or expected in the event the uncertain tax position is disallowed. The new guidance is effective on a prospective basis for annual and interim periods beginning after December 15, 2013, but early adoption and retrospective application are permitted. The Company is assessing the impact of this guidance on its consolidated financial statements.</font></div><div style="line-height:120%;padding-top:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"></font></div></div>
CY2011 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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129000000 USD
CY2012 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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0 USD
CY2013 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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19000000 USD
CY2011 us-gaap Dividends Preferred Stock Stock
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0 USD
CY2012 us-gaap Dividends Preferred Stock Stock
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CY2013 us-gaap Dividends Preferred Stock Stock
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CY2013Q4 us-gaap Due From Related Parties Current
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41000000 USD
CY2012Q4 us-gaap Due From Related Parties Current
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23000000 USD
CY2013 us-gaap Earnings Per Share Basic
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3.01
CY2012 us-gaap Earnings Per Share Basic
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2.51
CY2011 us-gaap Earnings Per Share Basic
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2.82
CY2013Q4 us-gaap Earnings Per Share Basic
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0.82
CY2013Q1 us-gaap Earnings Per Share Basic
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0.64
CY2012Q3 us-gaap Earnings Per Share Basic
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0.55
CY2012Q4 us-gaap Earnings Per Share Basic
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0.61
CY2012Q1 us-gaap Earnings Per Share Basic
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0.57
CY2013Q2 us-gaap Earnings Per Share Basic
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0.83
CY2012Q2 us-gaap Earnings Per Share Basic
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0.77
CY2013Q3 us-gaap Earnings Per Share Basic
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0.72
CY2011 us-gaap Earnings Per Share Diluted
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2.80
CY2012 us-gaap Earnings Per Share Diluted
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2.48
CY2013 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.97
CY2012Q3 us-gaap Earnings Per Share Diluted
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0.55
CY2012Q1 us-gaap Earnings Per Share Diluted
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0.57
CY2013Q3 us-gaap Earnings Per Share Diluted
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0.71
CY2012Q2 us-gaap Earnings Per Share Diluted
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0.76
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.82
CY2013Q4 us-gaap Earnings Per Share Diluted
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0.81
CY2012Q4 us-gaap Earnings Per Share Diluted
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0.61
CY2013Q1 us-gaap Earnings Per Share Diluted
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0.63
CY2012 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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2000000 USD
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CY2013 us-gaap Effective Income Tax Rate Continuing Operations
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0.38
CY2012 us-gaap Effective Income Tax Rate Continuing Operations
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0.37
CY2011 us-gaap Effective Income Tax Rate Continuing Operations
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0.27
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
CY2011 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
CY2012 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
CY2012 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
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0.03
CY2011 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
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0.02
CY2013 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
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0.02
CY2013 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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0.02
CY2012 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.01
CY2011 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.01
CY2012 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
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0.00
CY2013 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
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0.00
CY2011 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
0.01
CY2012 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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0.01
CY2013 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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0.02
CY2011 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.01
CY2011 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.02
CY2013 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.03
CY2012 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.05
CY2012Q4 us-gaap Employee Related Liabilities Current
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275000000 USD
CY2013Q4 us-gaap Employee Related Liabilities Current
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373000000 USD
CY2013 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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51000000 USD
CY2012 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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45000000 USD
CY2011 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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35000000 USD
CY2011 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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28000000 USD
CY2013 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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44000000 USD
CY2012 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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38000000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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332000000 USD
CY2012Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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165000000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
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663000000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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166000000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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131000000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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141000000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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150000000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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150000000 USD
CY2012Q4 us-gaap Finite Lived Intangible Assets Gross
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612000000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Gross
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1733000000 USD
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1401000000 USD
CY2012Q4 us-gaap Finite Lived Intangible Assets Net
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447000000 USD
CY2013 us-gaap Finite Lived Intangible Assets Period Increase Decrease
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954000000 USD
CY2013Q4 us-gaap Five Year Schedule Of Maturities Of Parent Company Repayments Of Principal After Year Five
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5500000000 USD
CY2013 us-gaap Foreign Currency Transaction Gain Loss Realized
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24000000 USD
CY2012 us-gaap Foreign Currency Transaction Gain Loss Realized
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CY2011 us-gaap Foreign Currency Transaction Gain Loss Realized
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CY2011 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
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112000000 USD
CY2012 us-gaap Gain Loss On Disposition Of Assets
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CY2012Q4 us-gaap Goodwill
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6399000000 USD
CY2013Q4 us-gaap Goodwill
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CY2013Q4 us-gaap Guarantee Obligations Current Carrying Value
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CY2012Q4 us-gaap Guarantee Obligations Current Carrying Value
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CY2013Q4 us-gaap Furniture And Fixtures Gross
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301000000 USD
CY2012Q4 us-gaap Furniture And Fixtures Gross
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253000000 USD
CY2011 us-gaap Gain Loss On Disposition Of Assets
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129000000 USD
CY2013 us-gaap Gain Loss On Disposition Of Assets
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19000000 USD
CY2011Q4 us-gaap Goodwill
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6291000000 USD
CY2013 us-gaap Goodwill Acquired During Period
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949000000 USD
CY2012 us-gaap Goodwill Acquired During Period
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106000000 USD
CY2013 us-gaap Goodwill Impairment Loss
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CY2011 us-gaap Goodwill Impairment Loss
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20000000 USD
CY2012 us-gaap Goodwill Impairment Loss
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CY2013 us-gaap Goodwill Translation And Purchase Accounting Adjustments
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2000000 USD
CY2012 us-gaap Goodwill Translation And Purchase Accounting Adjustments
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2000000 USD
CY2013 us-gaap Goodwill Written Off Related To Sale Of Business Unit
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9000000 USD
CY2012 us-gaap Income Loss From Continuing Operations
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954000000 USD
CY2013 us-gaap Income Loss From Continuing Operations
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1073000000 USD
CY2011 us-gaap Income Loss From Continuing Operations
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1135000000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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869000000 USD
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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1015000000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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1104000000 USD
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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1563000000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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1518000000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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1736000000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
632000000 USD
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
548000000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"></font></div><div style="line-height:120%;padding-top:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Deferred Revenues</font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred revenues primarily consist of cash received for television advertising for which the advertising spots have not yet aired and advanced billings to subscribers for access to the Company&#8217;s curriculum-based streaming services. The amounts classified as current are expected to be earned within the next year.</font></div></div>
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25000000 USD
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15000000 USD
CY2011 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
7000000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
36000000 USD
CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
39000000 USD
CY2011Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
3000000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
9000000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
11000000 USD
CY2011 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
18000000 USD
CY2012 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
0 USD
CY2013 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
2000000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
131000000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
109000000 USD
CY2011Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
35000000 USD
CY2013 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in accordance with U.S. generally accepted accounting principles (&#8220;GAAP&#8221;) requires management to make estimates, judgments and assumptions that affect the amounts and disclosures reported in the consolidated financial statements and accompanying notes. Management continually re-evaluates its estimates, judgments and assumptions and management&#8217;s assessments could change. Actual results may differ materially from those estimates.</font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Estimates inherent in the preparation of the consolidated financial statements include accounting for asset impairments, revenue recognition, allowances for doubtful accounts, content rights, depreciation and amortization, business combinations, equity-based compensation, income taxes, other financial instruments, contingencies, and the determination of whether the Company is the primary beneficiary of entities in which it holds variable interests.</font></div></div>
CY2013Q4 us-gaap Variable Interest Entity Entity Maximum Loss Exposure Amount
VariableInterestEntityEntityMaximumLossExposureAmount
833000000 USD
CY2013Q4 us-gaap Variable Interest Entity Nonconsolidated Carrying Amount Assets
VariableInterestEntityNonconsolidatedCarryingAmountAssets
789000000 USD
CY2012Q4 us-gaap Variable Interest Entity Nonconsolidated Carrying Amount Assets
VariableInterestEntityNonconsolidatedCarryingAmountAssets
825000000 USD
CY2011 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
405000000 shares
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
380000000 shares
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
361000000 shares
CY2011 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
401000000 shares
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
376000000 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
357000000 shares
CY2013 dei Amendment Flag
AmendmentFlag
false
CY2013 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2013 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2013 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
CY2013 dei Document Period End Date
DocumentPeriodEndDate
2013-12-31
CY2013 dei Document Type
DocumentType
10-K
CY2013 dei Entity Central Index Key
EntityCentralIndexKey
0001437107
CY2013 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2013 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2013Q2 dei Entity Public Float
EntityPublicFloat
17000000000 USD
CY2013 dei Entity Registrant Name
EntityRegistrantName
Discovery Communications, Inc.
CY2013 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2013 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes

Files In Submission

Name View Source Status
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0001437107-14-000016-index.html Edgar Link pending
0001437107-14-000016.txt Edgar Link pending
0001437107-14-000016-xbrl.zip Edgar Link pending
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