2014 Q1 Form 10-Q Financial Statement

#000143710714000029 Filed on May 06, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2013 Q1
Revenue $1.411B $1.156B
YoY Change 22.06% 6.54%
Cost Of Revenue $482.0M $342.0M
YoY Change 40.94% 15.54%
Gross Profit $929.0M $814.0M
YoY Change 14.13% 3.17%
Gross Profit Margin 65.84% 70.42%
Selling, General & Admin $409.0M $365.0M
YoY Change 12.05% 17.36%
% of Gross Profit 44.03% 44.84%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $83.00M $32.00M
YoY Change 159.38% 6.67%
% of Gross Profit 8.93% 3.93%
Operating Expenses $409.0M $365.0M
YoY Change 12.05% 17.36%
Operating Profit $434.0M $416.0M
YoY Change 4.33% -7.14%
Interest Expense -$79.00M -$129.0M
YoY Change -38.76% 25.24%
% of Operating Profit -18.2% -31.01%
Other Income/Expense, Net -$17.00M $31.00M
YoY Change -154.84% -1650.0%
Pretax Income $349.0M $377.0M
YoY Change -7.43% 9.91%
Income Tax $118.0M $146.0M
% Of Pretax Income 33.81% 38.73%
Net Earnings $230.0M $231.0M
YoY Change -0.43% 4.52%
Net Earnings / Revenue 16.3% 19.98%
Basic Earnings Per Share $0.33 $0.32
Diluted Earnings Per Share $0.33 $0.32
COMMON SHARES
Basic Shares Outstanding 348.0M shares 363.0M shares
Diluted Shares Outstanding 352.0M shares 367.0M shares

Balance Sheet

Concept 2014 Q1 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $757.0M $2.360B
YoY Change -67.92% 126.05%
Cash & Equivalents $757.0M $2.360B
Short-Term Investments
Other Short-Term Assets $642.0M $505.0M
YoY Change 27.13% 46.38%
Inventory
Prepaid Expenses
Receivables $1.341B $1.148B
Other Receivables $0.00 $0.00
Total Short-Term Assets $2.740B $4.013B
YoY Change -31.72% 63.73%
LONG-TERM ASSETS
Property, Plant & Equipment $522.0M $377.0M
YoY Change 38.46% 0.8%
Goodwill $7.370B $6.501B
YoY Change 13.37%
Intangibles $1.516B $680.0M
YoY Change 122.94%
Long-Term Investments $1.080B $1.112B
YoY Change -2.88% 42.93%
Other Assets $181.0M $162.0M
YoY Change 11.73% 18.25%
Total Long-Term Assets $12.57B $10.41B
YoY Change 20.78% 9.74%
TOTAL ASSETS
Total Short-Term Assets $2.740B $4.013B
Total Long-Term Assets $12.57B $10.41B
Total Assets $15.31B $14.42B
YoY Change 6.17% 20.83%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $151.0M $67.00M
YoY Change 125.37% 6.35%
Accrued Expenses $947.0M $912.0M
YoY Change 3.84% 60.85%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $18.00M $22.00M
YoY Change -18.18% 15.79%
Total Short-Term Liabilities $1.253B $1.101B
YoY Change 13.81% 48.78%
LONG-TERM LIABILITIES
Long-Term Debt $6.900B $6.407B
YoY Change 7.69% 51.9%
Other Long-Term Liabilities $326.0M $210.0M
YoY Change 55.24% 138.64%
Total Long-Term Liabilities $326.0M $210.0M
YoY Change 55.24% -95.12%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.253B $1.101B
Total Long-Term Liabilities $326.0M $210.0M
Total Liabilities $9.093B $8.146B
YoY Change 11.63% 51.69%
SHAREHOLDERS EQUITY
Retained Earnings $3.123B $2.052B
YoY Change 52.19%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.797B $2.482B
YoY Change 52.98%
Treasury Stock Shares
Shareholders Equity $6.180B $6.240B
YoY Change
Total Liabilities & Shareholders Equity $15.31B $14.42B
YoY Change 6.17% 20.83%

Cashflow Statement

Concept 2014 Q1 2013 Q1
OPERATING ACTIVITIES
Net Income $230.0M $231.0M
YoY Change -0.43% 4.52%
Depreciation, Depletion And Amortization $83.00M $32.00M
YoY Change 159.38% 6.67%
Cash From Operating Activities $241.0M $131.0M
YoY Change 83.97% -47.18%
INVESTING ACTIVITIES
Capital Expenditures $28.00M $26.00M
YoY Change 7.69% 23.81%
Acquisitions $17.00M $60.00M
YoY Change -71.67%
Other Investing Activities $0.00 -$124.0M
YoY Change -100.0% 490.48%
Cash From Investing Activities -$28.00M -$150.0M
YoY Change -81.33% 257.14%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $266.0M $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 140.0M $1.182B
YoY Change -88.16% -654.93%
NET CHANGE
Cash From Operating Activities 241.0M $131.0M
Cash From Investing Activities -28.00M -$150.0M
Cash From Financing Activities 140.0M $1.182B
Net Change In Cash 353.0M $1.163B
YoY Change -69.65% -16714.29%
FREE CASH FLOW
Cash From Operating Activities $241.0M $131.0M
Capital Expenditures $28.00M $26.00M
Free Cash Flow $213.0M $105.0M
YoY Change 102.86% -53.74%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2013Q4 disca Accumulated Amortization
AccumulatedAmortization
3389000000 USD
CY2014Q1 disca Accumulated Amortization
AccumulatedAmortization
3593000000 USD
CY2014Q1 disca Amortization Of Deferred Launch
AmortizationOfDeferredLaunch
2000000 USD
CY2013Q1 disca Amortization Of Deferred Launch
AmortizationOfDeferredLaunch
5000000 USD
CY2014Q1 disca Amortization Of Deferred Launch Incentives
AmortizationOfDeferredLaunchIncentives
2000000 USD
CY2013Q1 disca Amortization Of Deferred Launch Incentives
AmortizationOfDeferredLaunchIncentives
5000000 USD
CY2013Q1 disca Comprehensive Income Loss Netof Tax Attributableto Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest
0 USD
CY2014Q1 disca Comprehensive Income Loss Netof Tax Attributableto Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest
1000000 USD
CY2014Q1 disca Comprehensive Income Loss Netof Tax Excluding Portion Attributableto Temporary Equity
ComprehensiveIncomeLossNetofTaxExcludingPortionAttributabletoTemporaryEquity
230000000 USD
CY2013Q1 disca Comprehensive Income Loss Netof Tax Excluding Portion Attributableto Temporary Equity
ComprehensiveIncomeLossNetofTaxExcludingPortionAttributabletoTemporaryEquity
176000000 USD
CY2014Q1 disca Concentration Risk Number Of Customers
ConcentrationRiskNumberOfCustomers
0
CY2013Q1 disca Concentration Risk Number Of Customers
ConcentrationRiskNumberOfCustomers
0
CY2014Q1 disca Content Amortization And Writeoffs
ContentAmortizationAndWriteoffs
350000000 USD
CY2013Q1 disca Content Amortization And Writeoffs
ContentAmortizationAndWriteoffs
231000000 USD
CY2013Q1 disca Content Expense
ContentExpense
256000000 USD
CY2014Q1 disca Content Expense
ContentExpense
377000000 USD
CY2014Q1 disca Content Impairments
ContentImpairments
6000000 USD
CY2013Q1 disca Content Impairments
ContentImpairments
4000000 USD
CY2014Q1 disca Content Library Net Current
ContentLibraryNetCurrent
307000000 USD
CY2013Q4 disca Content Library Net Current
ContentLibraryNetCurrent
277000000 USD
CY2014Q1 disca Content Library Net Non Current
ContentLibraryNetNonCurrent
1902000000 USD
CY2013Q4 disca Content Library Net Non Current
ContentLibraryNetNonCurrent
1883000000 USD
CY2013Q4 disca Content Rights Net
ContentRightsNet
2160000000 USD
CY2014Q1 disca Content Rights Net
ContentRightsNet
2209000000 USD
CY2013Q4 disca Content Rights Payable
ContentRightsPayable
212000000 USD
CY2014Q1 disca Content Rights Payable
ContentRightsPayable
184000000 USD
CY2013Q1 disca Distribution Revenue
DistributionRevenue
583000000 USD
CY2014Q1 disca Distribution Revenue
DistributionRevenue
657000000 USD
CY2014Q1 disca Effective Income Tax Rate Reconciliations Remeasurement Gain On Previously Held Equity Interest
EffectiveIncomeTaxRateReconciliationsRemeasurementGainOnPreviouslyHeldEquityInterest
0.00
CY2013Q1 disca Effective Income Tax Rate Reconciliations Remeasurement Gain On Previously Held Equity Interest
EffectiveIncomeTaxRateReconciliationsRemeasurementGainOnPreviouslyHeldEquityInterest
-0.02
CY2013Q1 disca Increase Decrease In Content Rights
IncreaseDecreaseInContentRights
-301000000 USD
CY2014Q1 disca Increase Decrease In Content Rights
IncreaseDecreaseInContentRights
-391000000 USD
CY2013Q1 disca Mark To Market Stock Based Compensation
MarkToMarketStockBasedCompensation
46000000 USD
CY2014Q1 disca Mark To Market Stock Based Compensation
MarkToMarketStockBasedCompensation
3000000 USD
CY2014Q1 us-gaap Advertising Revenue
AdvertisingRevenue
689000000 USD
CY2013Q1 us-gaap Advertising Revenue
AdvertisingRevenue
508000000 USD
CY2013Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
60000000 USD
CY2014Q1 disca Other Nonoperating Income Expense Other Net
OtherNonoperatingIncomeExpenseOtherNet
1000000 USD
CY2013Q1 disca Other Nonoperating Income Expense Other Net
OtherNonoperatingIncomeExpenseOtherNet
0 USD
CY2013Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
20000000 USD
CY2014Q1 disca Subsidiary Of Limited Liability Company Or Limited Partnership Ownership Interest Direct
SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterestDirect
0.333
CY2014Q1 disca Subsidiary Of Limited Liability Company Or Limited Partnership Ownership Interest Indirect
SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterestIndirect
0.667
CY2013Q1 disca Tax Settlements Associated With Equity Based Plans
TaxSettlementsAssociatedWithEquityBasedPlans
22000000 USD
CY2014Q1 disca Tax Settlements Associated With Equity Based Plans
TaxSettlementsAssociatedWithEquityBasedPlans
26000000 USD
CY2013Q1 disca Temporary Equity Adjustment To Redemption Value
TemporaryEquityAdjustmentToRedemptionValue
-2000000 USD
CY2014Q1 disca Temporary Equity Adjustment To Redemption Value
TemporaryEquityAdjustmentToRedemptionValue
-1000000 USD
CY2013Q1 disca Total Adjusted Oibda
TotalAdjustedOibda
500000000 USD
CY2014Q1 disca Total Adjusted Oibda
TotalAdjustedOibda
525000000 USD
CY2013Q1 disca Variable Interest Entity Equity Losses
VariableInterestEntityEquityLosses
1000000 USD
CY2014Q1 disca Variable Interest Entity Equity Losses
VariableInterestEntityEquityLosses
-16000000 USD
CY2013Q4 disca Variable Interest Entity Funded Notes Receivable
VariableInterestEntityFundedNotesReceivable
483000000 USD
CY2014Q1 disca Variable Interest Entity Funded Notes Receivable
VariableInterestEntityFundedNotesReceivable
473000000 USD
CY2013Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
141000000 USD
CY2014Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
151000000 USD
CY2014Q1 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
121000000 USD
CY2013Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
71000000 USD
CY2014Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
947000000 USD
CY2013Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
992000000 USD
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
4000000 USD
CY2014Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
4000000 USD
CY2013Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-51000000 USD
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
4000000 USD
CY2014Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
6845000000 USD
CY2013Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
6826000000 USD
CY2013Q1 us-gaap Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
13000000 USD
CY2014Q1 us-gaap Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
16000000 USD
CY2014Q1 us-gaap Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
-1000000 USD
CY2013Q1 us-gaap Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
0 USD
CY2014Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
20000000 USD
CY2014Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
19000000 USD
CY2014Q1 us-gaap Assets
Assets
15311000000 USD
CY2013Q4 us-gaap Assets
Assets
14979000000 USD
CY2014Q1 us-gaap Assets Current
AssetsCurrent
2740000000 USD
CY2013Q4 us-gaap Assets Current
AssetsCurrent
2410000000 USD
CY2014Q1 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
154000000 USD
CY2013Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
146000000 USD
CY2014Q1 us-gaap Available For Sale Securities
AvailableForSaleSecurities
4000000 USD
CY2013Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
4000000 USD
CY2014Q1 us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain
BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain
0 USD
CY2013Q1 us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain
BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain
92000000 USD
CY2014Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
7000000 USD
CY2013Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
3000000 USD
CY2014Q1 us-gaap Capital Lease Obligations
CapitalLeaseObligations
175000000 USD
CY2013Q4 us-gaap Capital Lease Obligations
CapitalLeaseObligations
165000000 USD
CY2014Q1 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
14000000 USD
CY2013Q1 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
0 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
408000000 USD
CY2014Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
757000000 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1201000000 USD
CY2013Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2360000000 USD
CY2013Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
1159000000 USD
CY2014Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
349000000 USD
CY2014Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2013Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2014Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
230000000 USD
CY2013Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
176000000 USD
CY2013Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
176000000 USD
CY2014Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
231000000 USD
CY2014Q1 us-gaap Cost Of Revenue
CostOfRevenue
482000000 USD
CY2013Q1 us-gaap Cost Of Revenue
CostOfRevenue
342000000 USD
CY2013Q1 us-gaap Costs And Expenses
CostsAndExpenses
740000000 USD
CY2014Q1 us-gaap Costs And Expenses
CostsAndExpenses
977000000 USD
CY2013Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
6515000000 USD
CY2014Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
6937000000 USD
CY2013Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
16000000 USD
CY2014Q1 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
19000000 USD
CY2014Q1 us-gaap Deferred Compensation Cashbased Arrangements Liability Current And Noncurrent
DeferredCompensationCashbasedArrangementsLiabilityCurrentAndNoncurrent
138000000 USD
CY2013Q4 us-gaap Deferred Compensation Cashbased Arrangements Liability Current And Noncurrent
DeferredCompensationCashbasedArrangementsLiabilityCurrentAndNoncurrent
129000000 USD
CY2013Q4 us-gaap Deferred Compensation Share Based Arrangements Liability Current
DeferredCompensationShareBasedArrangementsLiabilityCurrent
85000000 USD
CY2014Q1 us-gaap Deferred Compensation Share Based Arrangements Liability Current
DeferredCompensationShareBasedArrangementsLiabilityCurrent
35000000 USD
CY2013Q4 us-gaap Deferred Compensation Sharebased Arrangements Liability Current And Noncurrent
DeferredCompensationSharebasedArrangementsLiabilityCurrentAndNoncurrent
138000000 USD
CY2014Q1 us-gaap Deferred Compensation Sharebased Arrangements Liability Current And Noncurrent
DeferredCompensationSharebasedArrangementsLiabilityCurrentAndNoncurrent
55000000 USD
CY2013Q4 us-gaap Deferred Revenue
DeferredRevenue
144000000 USD
CY2014Q1 us-gaap Deferred Revenue
DeferredRevenue
137000000 USD
CY2013Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
73000000 USD
CY2014Q1 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
76000000 USD
CY2014Q1 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
614000000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
637000000 USD
CY2013Q4 us-gaap Deposit Liabilities Accrued Interest
DepositLiabilitiesAccruedInterest
43000000 USD
CY2014Q1 us-gaap Deposit Liabilities Accrued Interest
DepositLiabilitiesAccruedInterest
105000000 USD
CY2014Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
83000000 USD
CY2013Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
32000000 USD
CY2013Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
32000000 USD
CY2014Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
83000000 USD
CY2014Q1 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
0 USD
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
0 USD
CY2013Q1 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-59000000 USD
CY2014Q1 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-7000000 USD
CY2014Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
3000000 USD
CY2013Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
1000000 USD
CY2014Q1 us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<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;">Reporting Discontinued Operations</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 April&#160;2014, the FASB issued guidance that&#160;changes the criteria for reporting a discontinued operation. Under the new pronouncement, disposal of a component of an entity representing a strategic shift with major effect on its operations and financial results is a discontinued operation.&#160;The Company is required to adopt&#160;the guidance&#160;prospectively for all disposals or components of its business classified as held for sale during fiscal periods beginning after December&#160;15, 2014 and is currently evaluating what impact, if any, the adoption will have to the presentation of its consolidated financial statements.</font></div></div>
CY2014Q1 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
45000000 USD
CY2013Q4 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
41000000 USD
CY2013Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.64
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.66
CY2014Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.66
CY2013Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.63
CY2014Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-4000000 USD
CY2013Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-4000000 USD
CY2013Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.39
CY2014Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.34
CY2014Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2013Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2013Q1 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
-0.01
CY2014Q1 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
0.03
CY2013Q1 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.01
CY2014Q1 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.01
CY2013Q1 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.01
CY2014Q1 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.02
CY2013Q1 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.03
CY2014Q1 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.03
CY2013Q1 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
0.00
CY2014Q1 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
-0.02
CY2014Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
284000000 USD
CY2013Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
373000000 USD
CY2013Q1 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
14000000 USD
CY2014Q1 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
7000000 USD
CY2013Q1 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
13000000 USD
CY2014Q1 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
16000000 USD
CY2013Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-2000000 USD
CY2014Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-11000000 USD
CY2014Q1 us-gaap Goodwill
Goodwill
7370000000 USD
CY2013Q4 us-gaap Goodwill
Goodwill
7341000000 USD
CY2014Q1 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
0 USD
CY2013Q4 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
0 USD
CY2013Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
377000000 USD
CY2014Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
349000000 USD
CY2014Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
13000000 USD
CY2013Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-2000000 USD
CY2014Q1 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
11000000 USD
CY2013Q1 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-4000000 USD
CY2013Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
146000000 USD
CY2014Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
118000000 USD
CY2014Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
41000000 USD
CY2013Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
63000000 USD
CY2013Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-70000000 USD
CY2014Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
6000000 USD
CY2014Q1 us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
-81000000 USD
CY2013Q1 us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
-59000000 USD
CY2014Q1 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
35000000 USD
CY2013Q1 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-134000000 USD
CY2014Q1 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-53000000 USD
CY2013Q1 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
62000000 USD
CY2014Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
27000000 USD
CY2013Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
26000000 USD
CY2014Q1 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-31000000 USD
CY2013Q1 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
20000000 USD
CY2013Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4000000 shares
CY2014Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4000000 shares
CY2013Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1565000000 USD
CY2014Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1516000000 USD
CY2014Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
81000000 USD
CY2013Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
68000000 USD
CY2013Q1 us-gaap Interest Paid
InterestPaid
29000000 USD
CY2014Q1 us-gaap Interest Paid
InterestPaid
20000000 USD
CY2013Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
1087000000 USD
CY2014Q1 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
1080000000 USD
CY2013Q4 us-gaap Liabilities
Liabilities
8746000000 USD
CY2014Q1 us-gaap Liabilities
Liabilities
9093000000 USD
CY2014Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
15311000000 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
14979000000 USD
CY2014Q1 us-gaap Liabilities Current
LiabilitiesCurrent
1253000000 USD
CY2013Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1294000000 USD
CY2014Q1 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
168000000 USD
CY2013Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
150000000 USD
CY2014Q1 us-gaap Liabilities Related To Investment Contracts Fair Value Disclosure
LiabilitiesRelatedToInvestmentContractsFairValueDisclosure
27000000 USD
CY2013Q4 us-gaap Liabilities Related To Investment Contracts Fair Value Disclosure
LiabilitiesRelatedToInvestmentContractsFairValueDisclosure
20000000 USD
CY2014Q1 us-gaap Long Term Debt
LongTermDebt
6918000000 USD
CY2013Q4 us-gaap Long Term Debt
LongTermDebt
6499000000 USD
CY2013Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
6482000000 USD
CY2014Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
6900000000 USD
CY2013Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
17000000 USD
CY2014Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
18000000 USD
CY2014Q1 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
0 USD
CY2013Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
0 USD
CY2013Q4 us-gaap Minority Interest
MinorityInterest
1000000 USD
CY2014Q1 us-gaap Minority Interest
MinorityInterest
1000000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
140000000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
1182000000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-150000000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-28000000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
241000000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
131000000 USD
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
230000000 USD
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
231000000 USD
CY2014Q1 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
1000000 USD
CY2013Q1 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
0 USD
CY2013Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
233000000 USD
CY2014Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
231000000 USD
CY2014Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
CY2014Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
434000000 USD
CY2013Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
416000000 USD
CY2014Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
218000000 USD
CY2013Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
208000000 USD
CY2013Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
179000000 USD
CY2014Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
181000000 USD
CY2014Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
1000000 USD
CY2013Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-53000000 USD
CY2013Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
-64000000 USD
CY2014Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
2000000 USD
CY2013Q1 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
-11000000 USD
CY2014Q1 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
1000000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-49000000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
1000000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-66000000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
0 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
4000000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-1000000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-59000000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
1000000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax
9000000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax
0 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
6000000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
0 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax
0 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax
3000000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
0 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-55000000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
0 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
1000000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
0 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
1000000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
0 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
0 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
0 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-11000000 USD
CY2014Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
0 USD
CY2013Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
4000000 USD
CY2014Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
-1000000 USD
CY2013Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
3000000 USD
CY2013Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
7000000 USD
CY2014Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-1000000 USD
CY2013Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
333000000 USD
CY2014Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
326000000 USD
CY2013Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-25000000 USD
CY2014Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-11000000 USD
CY2013Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
31000000 USD
CY2014Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-17000000 USD
CY2013Q1 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
65000000 USD
CY2014Q1 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
65000000 USD
CY2014Q1 us-gaap Payments For Hedge Investing Activities
PaymentsForHedgeInvestingActivities
0 USD
CY2013Q1 us-gaap Payments For Hedge Investing Activities
PaymentsForHedgeInvestingActivities
39000000 USD
CY2013Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2014Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
266000000 USD
CY2014Q1 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
0 USD
CY2013Q1 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
256000000 USD
CY2013Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
22000000 USD
CY2014Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
26000000 USD
CY2014Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
17000000 USD
CY2013Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
60000000 USD
CY2013Q1 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
25000000 USD
CY2014Q1 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
-1000000 USD
CY2014Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
28000000 USD
CY2013Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
26000000 USD
CY2014Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
259000000 USD
CY2013Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
281000000 USD
CY2013Q1 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0 USD
CY2014Q1 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
16000000 USD
CY2014Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
412000000 USD
CY2013Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1186000000 USD
CY2014Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
0 USD
CY2013Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
7000000 USD
CY2013Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
CY2014Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-2000000 USD
CY2013Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
16000000 USD
CY2014Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
10000000 USD
CY2013Q1 us-gaap Profit Loss
ProfitLoss
231000000 USD
CY2014Q1 us-gaap Profit Loss
ProfitLoss
231000000 USD
CY2014Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
522000000 USD
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
514000000 USD
CY2014Q1 us-gaap Receivables Net Current
ReceivablesNetCurrent
1341000000 USD
CY2013Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
1371000000 USD
CY2013Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
6000000 USD
CY2014Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
1000000 USD
CY2013Q4 us-gaap Redeemable Noncontrolling Interest Equity Common Carrying Amount
RedeemableNoncontrollingInterestEquityCommonCarryingAmount
36000000 USD
CY2014Q1 us-gaap Redeemable Noncontrolling Interest Equity Common Carrying Amount
RedeemableNoncontrollingInterestEquityCommonCarryingAmount
37000000 USD
CY2013Q1 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
7000000 USD
CY2014Q1 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
10000000 USD
CY2014Q1 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
4000000 USD
CY2013Q1 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
11000000 USD
CY2013Q1 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
1000000 USD
CY2014Q1 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
3000000 USD
CY2014Q1 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
3000000 USD
CY2013Q1 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
1000000 USD
CY2014Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
3123000000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2892000000 USD
CY2014Q1 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
67000000 USD
CY2013Q1 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
34000000 USD
CY2014Q1 us-gaap Sales Revenue Net
SalesRevenueNet
1411000000 USD
CY2013Q1 us-gaap Sales Revenue Net
SalesRevenueNet
1156000000 USD
CY2013Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
365000000 USD
CY2014Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
409000000 USD
CY2014Q1 us-gaap Share Based Compensation
ShareBasedCompensation
19000000 USD
CY2013Q1 us-gaap Share Based Compensation
ShareBasedCompensation
60000000 USD
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
72000000 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
62000000 shares
CY2013Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
16000000 USD
CY2014Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
10000000 USD
CY2014Q1 us-gaap Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
5500000000 USD
CY2014Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount
1700000000 USD
CY2014Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
0 USD
CY2013Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
256000000 USD
CY2013Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0 shares
CY2014Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
3400000 shares
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
6196000000 USD
CY2014Q1 us-gaap Stockholders Equity
StockholdersEquity
6180000000 USD
CY2014Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6181000000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6197000000 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6293000000 USD
CY2013Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6242000000 USD
CY2014Q1 us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
-1000000 USD
CY2013Q1 us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
-2000000 USD
CY2013Q1 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
33000000 USD
CY2012Q4 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
0 USD
CY2013Q4 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
36000000 USD
CY2014Q1 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
37000000 USD
CY2013Q1 us-gaap Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
0 USD
CY2014Q1 us-gaap Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
1000000 USD
CY2013Q1 us-gaap Temporary Equity Net Income
TemporaryEquityNetIncome
0 USD
CY2014Q1 us-gaap Temporary Equity Net Income
TemporaryEquityNetIncome
1000000 USD
CY2014Q1 us-gaap Temporary Equity Stock Issued During Period Value New Issues
TemporaryEquityStockIssuedDuringPeriodValueNewIssues
0 USD
CY2013Q1 us-gaap Temporary Equity Stock Issued During Period Value New Issues
TemporaryEquityStockIssuedDuringPeriodValueNewIssues
35000000 USD
CY2014Q1 us-gaap Trading Securities
TradingSecurities
138000000 USD
CY2013Q4 us-gaap Trading Securities
TradingSecurities
129000000 USD
CY2014Q1 us-gaap Treasury Stock Value
TreasuryStockValue
3797000000 USD
CY2013Q4 us-gaap Treasury Stock Value
TreasuryStockValue
3531000000 USD
CY2014Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
266000000 USD
CY2013Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
0 USD
CY2014Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
0 USD
CY2013Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-39000000 USD
CY2014Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
181000000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
185000000 USD
CY2014Q1 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
14000000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
11000000 USD
CY2014Q1 us-gaap Unrecognized Tax Benefits Resulting In Net Operating Loss Carryforward
UnrecognizedTaxBenefitsResultingInNetOperatingLossCarryforward
-11000000 USD
CY2014Q1 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-style:italic;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 GAAP 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>
CY2014Q1 us-gaap Variable Interest Entity Entity Maximum Loss Exposure Amount
VariableInterestEntityEntityMaximumLossExposureAmount
849000000 USD
CY2013Q4 us-gaap Variable Interest Entity Nonconsolidated Carrying Amount Assets
VariableInterestEntityNonconsolidatedCarryingAmountAssets
789000000 USD
CY2014Q1 us-gaap Variable Interest Entity Nonconsolidated Carrying Amount Assets
VariableInterestEntityNonconsolidatedCarryingAmountAssets
786000000 USD
CY2013Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
367000000 shares
CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
352000000 shares
CY2013Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
363000000 shares
CY2014Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
348000000 shares
CY2014Q1 dei Amendment Flag
AmendmentFlag
false
CY2014Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2014Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2014Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014Q1 dei Document Period End Date
DocumentPeriodEndDate
2014-03-31
CY2014Q1 dei Document Type
DocumentType
10-Q
CY2014Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001437107
CY2014Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2014Q1 dei Entity Registrant Name
EntityRegistrantName
Discovery Communications, Inc.

Files In Submission

Name View Source Status
0001437107-14-000029-index-headers.html Edgar Link pending
0001437107-14-000029-index.html Edgar Link pending
0001437107-14-000029.txt Edgar Link pending
0001437107-14-000029-xbrl.zip Edgar Link pending
a2014331-exhibit101.htm Edgar Link pending
a2014331-exhibit311.htm Edgar Link pending
a2014331-exhibit312.htm Edgar Link pending
a2014331-exhibit321.htm Edgar Link pending
a2014331-exhibit322.htm Edgar Link pending
disca-20140331.xml Edgar Link completed
disca-20140331.xsd Edgar Link pending
disca-20140331_cal.xml Edgar Link unprocessable
disca-20140331_def.xml Edgar Link unprocessable
disca-20140331_lab.xml Edgar Link unprocessable
disca-20140331_pre.xml Edgar Link unprocessable
disca-201433110q.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
q1-13_image1.jpg Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R89.htm Edgar Link pending
R9.htm Edgar Link pending
R90.htm Edgar Link pending
R91.htm Edgar Link pending
R92.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending