2015 Q4 Form 10-K Financial Statement

#000143710716000059 Filed on February 18, 2016

View on sec.gov

Income Statement

Concept 2015 Q4 2015 2014 Q4
Revenue $1.646B $6.394B $1.676B
YoY Change -1.79% 2.06% 9.04%
Cost Of Revenue $640.0M $2.343B $598.0M
YoY Change 7.02% 10.31% 25.89%
Gross Profit $1.006B $4.051B $1.078B
YoY Change -6.68% -2.17% 1.51%
Gross Profit Margin 61.12% 63.36% 64.32%
Selling, General & Admin $445.0M $1.669B $445.0M
YoY Change 0.0% -1.36% -0.89%
% of Gross Profit 44.23% 41.2% 41.28%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $553.0M $330.0M $560.0M
YoY Change -1.25% 0.3% 31.46%
% of Gross Profit 54.97% 8.15% 51.95%
Operating Expenses $532.0M $1.669B $531.0M
YoY Change 0.19% -1.36% -0.75%
Operating Profit $441.0M $1.985B $476.0M
YoY Change -7.35% -3.69% -8.81%
Interest Expense -$101.0M -$425.0M -$92.00M
YoY Change 9.78% 39.34% -243.75%
% of Operating Profit -22.9% -21.41% -19.33%
Other Income/Expense, Net $3.000M -$97.00M -$20.00M
YoY Change -115.0% 977.78% -84.25%
Pretax Income $343.0M $1.559B $364.0M
YoY Change -5.77% -10.76% -20.7%
Income Tax $117.0M $511.0M $129.0M
% Of Pretax Income 34.11% 32.78% 35.44%
Net Earnings $219.0M $1.034B $250.0M
YoY Change -12.4% -9.22% -13.49%
Net Earnings / Revenue 13.3% 16.17% 14.92%
Basic Earnings Per Share $0.38
Diluted Earnings Per Share $0.22 $1.05 $0.38
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2015 Q4 2015 2014 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $390.0M $390.0M $367.0M
YoY Change 6.27% 6.27% -10.05%
Cash & Equivalents $390.0M $390.0M $367.0M
Short-Term Investments
Other Short-Term Assets $727.0M $727.0M $691.0M
YoY Change 5.21% 5.21% 9.51%
Inventory
Prepaid Expenses
Receivables $1.479B $1.479B $1.433B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.596B $2.596B $2.491B
YoY Change 4.22% 4.22% 3.36%
LONG-TERM ASSETS
Property, Plant & Equipment $488.0M $488.0M $554.0M
YoY Change -11.91% -11.91% 7.78%
Goodwill $8.164B $8.236B
YoY Change -0.87% 12.19%
Intangibles $1.730B $1.971B
YoY Change -12.23% 25.94%
Long-Term Investments $567.0M $567.0M $644.0M
YoY Change -11.96% -11.96% -40.75%
Other Assets $289.0M $289.0M $101.0M
YoY Change 186.14% 186.14% -43.58%
Total Long-Term Assets $13.27B $13.27B $13.48B
YoY Change -1.57% -1.57% 7.24%
TOTAL ASSETS
Total Short-Term Assets $2.596B $2.596B $2.491B
Total Long-Term Assets $13.27B $13.27B $13.48B
Total Assets $15.86B $15.86B $15.97B
YoY Change -0.66% -0.66% 6.62%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $282.0M $282.0M $225.0M
YoY Change 25.33% 25.33% 59.57%
Accrued Expenses $988.0M $958.0M $1.094B
YoY Change -9.69% -1.64% 10.28%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $119.0M $119.0M $1.107B
YoY Change -89.25% -89.25% 6411.76%
Total Short-Term Liabilities $1.579B $1.579B $2.604B
YoY Change -39.36% -39.36% 101.24%
LONG-TERM LIABILITIES
Long-Term Debt $7.616B $7.616B $6.002B
YoY Change 26.89% 26.89% -7.41%
Other Long-Term Liabilities $421.0M $421.0M $425.0M
YoY Change -0.94% -0.94% 27.63%
Total Long-Term Liabilities $421.0M $8.037B $425.0M
YoY Change -0.94% 25.05% 27.63%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.579B $1.579B $2.604B
Total Long-Term Liabilities $421.0M $8.037B $425.0M
Total Liabilities $10.17B $10.41B $9.619B
YoY Change 5.75% 0.43% 9.98%
SHAREHOLDERS EQUITY
Retained Earnings $4.517B $3.809B
YoY Change 18.59% 31.71%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.461B $4.763B
YoY Change 14.65% 34.89%
Treasury Stock Shares
Shareholders Equity $5.451B $5.451B $5.602B
YoY Change
Total Liabilities & Shareholders Equity $15.86B $15.86B $15.97B
YoY Change -0.66% -0.66% 6.62%

Cashflow Statement

Concept 2015 Q4 2015 2014 Q4
OPERATING ACTIVITIES
Net Income $219.0M $1.034B $250.0M
YoY Change -12.4% -9.22% -13.49%
Depreciation, Depletion And Amortization $553.0M $330.0M $560.0M
YoY Change -1.25% 0.3% 31.46%
Cash From Operating Activities $642.0M $1.294B $425.0M
YoY Change 51.06% -1.82% 19.72%
INVESTING ACTIVITIES
Capital Expenditures $27.00M $103.0M $35.00M
YoY Change -22.86% -14.17% -10.26%
Acquisitions $80.00M
YoY Change -78.49%
Other Investing Activities -$248.0M -$15.00M -$4.000M
YoY Change 6100.0% -850.0% -42.86%
Cash From Investing Activities -$275.0M -$301.0M -$39.00M
YoY Change 605.13% -47.01% -15.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $698.0M
YoY Change -43.34%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -220.0M -919.0M -365.0M
YoY Change -39.73% 25.2% 7.67%
NET CHANGE
Cash From Operating Activities 642.0M 1.294B 425.0M
Cash From Investing Activities -275.0M -301.0M -39.00M
Cash From Financing Activities -220.0M -919.0M -365.0M
Net Change In Cash 147.0M 74.00M 21.00M
YoY Change 600.0% 362.5% -170.0%
FREE CASH FLOW
Cash From Operating Activities $642.0M $1.294B $425.0M
Capital Expenditures $27.00M $103.0M $35.00M
Free Cash Flow $615.0M $1.191B $390.0M
YoY Change 57.69% -0.58% 23.42%

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CY2014Q4 us-gaap Business Combination Contingent Consideration Liability
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CY2015 us-gaap Effective Income Tax Rate Continuing Operations
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CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2013 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
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0.02
CY2014 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
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CY2013 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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0.02
CY2014 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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CY2015 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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0.01
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CY2014 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.00
CY2014 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
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CY2015 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
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449000000 USD
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CY2013 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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27000000 USD
CY2015 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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CY2014Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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490000000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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636000000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
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181000000 USD
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152000000 USD
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157000000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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161000000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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171000000 USD
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CY2014Q4 us-gaap Furniture And Fixtures Gross
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19000000 USD
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CY2013Q4 us-gaap Goodwill
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CY2015 us-gaap Goodwill Acquired During Period
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0 USD
CY2014 us-gaap Goodwill Impairment Loss
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CY2015 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
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CY2015 us-gaap Goodwill Translation And Purchase Accounting Adjustments
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CY2014 us-gaap Goodwill Written Off Related To Sale Of Business Unit
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CY2015 us-gaap Goodwill Written Off Related To Sale Of Business Unit
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CY2014Q4 us-gaap Guarantee Obligations Current Carrying Value
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CY2015Q4 us-gaap Guarantee Obligations Current Carrying Value
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CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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1747000000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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1559000000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
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CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
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CY2015 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
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21000000 USD
CY2013 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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CY2015 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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CY2013 us-gaap Income Loss From Equity Method Investments
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CY2014 us-gaap Income Loss From Equity Method Investments
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23000000 USD
CY2015 us-gaap Income Loss From Equity Method Investments
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1000000 USD
CY2013 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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4000000 USD
CY2014 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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1000000 USD
CY2015 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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CY2013 us-gaap Income Tax Expense Benefit
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CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
610000000 USD
CY2015 us-gaap Income Tax Expense Benefit
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511000000 USD
CY2013 us-gaap Income Taxes Paid Net
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CY2014 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
686000000 USD
CY2015 us-gaap Income Taxes Paid Net
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653000000 USD
CY2013 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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106000000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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138000000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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11000000 USD
CY2013 us-gaap Increase Decrease In Deferred Compensation
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CY2014 us-gaap Increase Decrease In Deferred Compensation
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CY2015 us-gaap Increase Decrease In Deferred Compensation
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CY2013 us-gaap Increase Decrease In Deferred Income Taxes
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CY2014 us-gaap Increase Decrease In Deferred Income Taxes
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181000000 USD
CY2015 us-gaap Increase Decrease In Deferred Income Taxes
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5000000 USD
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64000000 USD
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12000000 USD
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5000000 USD
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10000000 USD
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120000000 USD
CY2014 us-gaap Increase Decrease In Receivables
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44000000 USD
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164000000 USD
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1730000000 USD
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330000000 USD
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820000000 USD
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921000000 USD
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644000000 USD
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567000000 USD
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15970000000 USD
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1579000000 USD
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180000000 USD
CY2015Q4 us-gaap Liabilities Fair Value Disclosure
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153000000 USD
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4000000 USD
CY2014Q4 us-gaap Line Of Credit
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38000000 USD
CY2015Q4 us-gaap Line Of Credit
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0.0015
CY2015 us-gaap Line Of Credit Facility Expiration Date1
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2019-06-20
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500000000 USD
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0 USD
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0 USD
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0 USD
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2000000 USD
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CY2014 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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CY2013 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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CY2014 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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CY2014Q2 us-gaap Net Income Loss
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CY2014Q4 us-gaap Net Income Loss
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250000000 USD
CY2014 us-gaap Net Income Loss
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250000000 USD
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219000000 USD
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1000000 USD
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2000000 USD
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1000000 USD
CY2013 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
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1000000 USD
CY2014 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
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CY2015 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
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13000000 USD
CY2013 us-gaap Net Income Loss Available To Common Stockholders Basic
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861000000 USD
CY2014 us-gaap Net Income Loss Available To Common Stockholders Basic
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902000000 USD
CY2015 us-gaap Net Income Loss Available To Common Stockholders Basic
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810000000 USD
CY2013 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
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CY2014 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
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CY2015 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
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1035000000 USD
CY2015 us-gaap Number Of Reportable Segments
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2
CY2013 us-gaap Operating Income Loss
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640000000 USD
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OperatingIncomeLoss
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OperatingIncomeLoss
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CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
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OperatingIncomeLoss
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OperatingIncomeLoss
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OperatingIncomeLoss
505000000 USD
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441000000 USD
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2015Q4 us-gaap Other Accrued Liabilities Current
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CY2014 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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CY2015 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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CY2013 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
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16000000 USD
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CY2013 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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2000000 USD
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19000000 USD
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6000000 USD
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CY2013 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2014 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2015 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2014 us-gaap Other Comprehensive Income Loss Tax
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10000000 USD
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23000000 USD
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15000000 USD
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3000000 USD
CY2014 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
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8000000 USD
CY2013 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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3000000 USD
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2000000 USD
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2000000 USD
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1000000 USD
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1000000 USD
CY2015 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
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CY2014Q4 us-gaap Other Liabilities Noncurrent
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CY2015 us-gaap Other Noncash Income Expense
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CY2013 us-gaap Sales Revenue Net
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CY2014Q1 us-gaap Sales Revenue Net
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CY2014Q2 us-gaap Sales Revenue Net
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CY2014Q3 us-gaap Sales Revenue Net
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CY2014 us-gaap Sales Revenue Net
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CY2013 us-gaap Other Sales Revenue Net
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260000000 USD
CY2014 us-gaap Other Sales Revenue Net
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334000000 USD
CY2015 us-gaap Other Sales Revenue Net
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322000000 USD
CY2013 us-gaap Payments For Hedge Investing Activities
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55000000 USD
CY2014 us-gaap Payments For Hedge Investing Activities
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CY2015 us-gaap Payments For Hedge Investing Activities
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9000000 USD
CY2013 us-gaap Payments For Proceeds From Hedge Financing Activities
PaymentsForProceedsFromHedgeFinancingActivities
0 USD
CY2014 us-gaap Payments For Proceeds From Hedge Financing Activities
PaymentsForProceedsFromHedgeFinancingActivities
0 USD
CY2015 us-gaap Payments For Proceeds From Hedge Financing Activities
PaymentsForProceedsFromHedgeFinancingActivities
29000000 USD
CY2013 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
3000000 USD
CY2014 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
2000000 USD
CY2015 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-15000000 USD
CY2013 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1049000000 USD
CY2014 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1232000000 USD
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
698000000 USD
CY2013 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
1305000000 USD
CY2014 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
1422000000 USD
CY2015 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
951000000 USD
CY2013 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
0 USD
CY2014 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
1000000 USD
CY2015 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
548000000 USD
CY2013 us-gaap Payments For Restructuring
PaymentsForRestructuring
15000000 USD
CY2014 us-gaap Payments For Restructuring
PaymentsForRestructuring
23000000 USD
CY2015 us-gaap Payments For Restructuring
PaymentsForRestructuring
25000000 USD
CY2013 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
0 USD
CY2014 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
2000000 USD
CY2015 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
42000000 USD
CY2013 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
22000000 USD
CY2014 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
27000000 USD
CY2015 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
27000000 USD
CY2013 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1861000000 USD
CY2014 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
372000000 USD
CY2015 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
80000000 USD
CY2013 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
28000000 USD
CY2014 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
177000000 USD
CY2015 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
61000000 USD
CY2013 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
0 USD
CY2014 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
3000000 USD
CY2015 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
211000000 USD
CY2013 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
115000000 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
120000000 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
103000000 USD
CY2014 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
21300000 shares
CY2015Q2 us-gaap Sales Revenue Net
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1654000000 USD
CY2015Q3 us-gaap Sales Revenue Net
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1557000000 USD
CY2015Q4 us-gaap Sales Revenue Net
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1646000000 USD
CY2015 us-gaap Sales Revenue Net
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6394000000 USD
CY2015Q4 us-gaap Percentage Of Unamortized Film Costs
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0.96
CY2015 us-gaap Percentage Of Unamortized Film Costs Description
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P3Y
CY2014Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
275000000 USD
CY2015Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
346000000 USD
CY2014Q2 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
45000000 USD
CY2013 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
28000000 USD
CY2014 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
45000000 USD
CY2015 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
61000000 USD
CY2013 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
47000000 USD
CY2014 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
61000000 USD
CY2015 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
87000000 USD
CY2013 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1198000000 USD
CY2014 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
415000000 USD
CY2015 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
936000000 USD
CY2013 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
5000000 USD
CY2014 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
6000000 USD
CY2015 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
5000000 USD
CY2013 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
73000000 USD
CY2014 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
44000000 USD
CY2015 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
6000000 USD
CY2013 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
51000000 USD
CY2014 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
41000000 USD
CY2015 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
21000000 USD
CY2013 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 USD
CY2014 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
698000000 USD
CY2015 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
1016000000 USD
CY2013 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-19000000 USD
CY2014 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-16000000 USD
CY2015 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-13000000 USD
CY2013 us-gaap Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
0 USD
CY2014 us-gaap Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
229000000 USD
CY2015 us-gaap Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
-136000000 USD
CY2013 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
46000000 USD
CY2014 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
35000000 USD
CY2015 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
16000000 USD
CY2013 us-gaap Profit Loss
ProfitLoss
1077000000 USD
CY2014Q1 us-gaap Profit Loss
ProfitLoss
231000000 USD
CY2014Q2 us-gaap Profit Loss
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384000000 USD
CY2014Q3 us-gaap Profit Loss
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287000000 USD
CY2014Q4 us-gaap Profit Loss
ProfitLoss
235000000 USD
CY2014 us-gaap Profit Loss
ProfitLoss
1137000000 USD
CY2015Q1 us-gaap Profit Loss
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250000000 USD
CY2015Q2 us-gaap Profit Loss
ProfitLoss
289000000 USD
CY2015Q3 us-gaap Profit Loss
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283000000 USD
CY2015Q4 us-gaap Profit Loss
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226000000 USD
CY2013 us-gaap Selling General And Administrative Expense
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1598000000 USD
CY2014 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1692000000 USD
CY2015 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1669000000 USD
CY2013 us-gaap Share Based Compensation
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190000000 USD
CY2014 us-gaap Share Based Compensation
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78000000 USD
CY2015 us-gaap Share Based Compensation
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35000000 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
124000000 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
91000000 shares
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
130000000 USD
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
63000000 USD
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
24.46
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
19.73
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
8.44
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
141000 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
191000 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
208000 shares
CY2014 us-gaap Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
0 USD
CY2013 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
51000000 USD
CY2014 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
41000000 USD
CY2015 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
21000000 USD
CY2015Q4 us-gaap Stock Repurchase Program Authorized Amount1
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7500000000 USD
CY2015Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
2000000000 USD
CY2015 us-gaap Profit Loss
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1048000000 USD
CY2014Q4 us-gaap Program Rights Obligations Current
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198000000 USD
CY2015Q4 us-gaap Program Rights Obligations Current
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217000000 USD
CY2014Q4 us-gaap Property Plant And Equipment Gross
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1542000000 USD
CY2015Q4 us-gaap Property Plant And Equipment Gross
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1561000000 USD
CY2014Q4 us-gaap Property Plant And Equipment Net
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554000000 USD
CY2015Q4 us-gaap Property Plant And Equipment Net
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488000000 USD
CY2014Q4 us-gaap Receivables Net Current
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1433000000 USD
CY2015Q4 us-gaap Receivables Net Current
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1479000000 USD
CY2013 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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7000000 USD
CY2014 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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13000000 USD
CY2015 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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-15000000 USD
CY2014Q4 us-gaap Redeemable Noncontrolling Interest Equity Common Carrying Amount
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747000000 USD
CY2015Q4 us-gaap Redeemable Noncontrolling Interest Equity Common Carrying Amount
RedeemableNoncontrollingInterestEquityCommonCarryingAmount
241000000 USD
CY2013 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
27000000 USD
CY2014 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
37000000 USD
CY2015 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
67000000 USD
CY2013 us-gaap Repayments Of Lines Of Credit
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0 USD
CY2014 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
660000000 USD
CY2015 us-gaap Repayments Of Lines Of Credit
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265000000 USD
CY2013 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
32000000 USD
CY2014 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
19000000 USD
CY2015 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
27000000 USD
CY2013 us-gaap Repayments Of Senior Debt
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0 USD
CY2014 us-gaap Repayments Of Senior Debt
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0 USD
CY2015 us-gaap Repayments Of Senior Debt
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849000000 USD
CY2013 us-gaap Restructuring Charges
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16000000 USD
CY2014 us-gaap Restructuring Charges
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35000000 USD
CY2015 us-gaap Restructuring Charges
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29000000 USD
CY2013 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
16000000 USD
CY2014 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
90000000 USD
CY2015 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
50000000 USD
CY2012Q4 us-gaap Restructuring Reserve
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6000000 USD
CY2013Q4 us-gaap Restructuring Reserve
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7000000 USD
CY2014Q4 us-gaap Restructuring Reserve
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19000000 USD
CY2015Q4 us-gaap Restructuring Reserve
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23000000 USD
CY2013 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
16000000 USD
CY2014 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
90000000 USD
CY2015 us-gaap Restructuring Settlement And Impairment Provisions
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50000000 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
3809000000 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
4517000000 USD
CY2013 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
223000000 USD
CY2014 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
295000000 USD
CY2015 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
268000000 USD
CY2015 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
23700000 shares
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
5602000000 USD
CY2015Q4 us-gaap Stockholders Equity
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5451000000 USD
CY2013 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
14100000 shares
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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3000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
16000000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
9000000 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6293000000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6197000000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5604000000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5451000000 USD
CY2014Q3 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
2
CY2014 us-gaap Stockholders Equity Other
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CY2015 us-gaap Stockholders Equity Other
StockholdersEquityOther
3000000 USD
CY2013 us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
2000000 USD
CY2014 us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
31000000 USD
CY2015 us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
73000000 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
CY2014Q4 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
747000000 USD
CY2015Q4 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
241000000 USD
CY2013 us-gaap Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
-5000000 USD
CY2014 us-gaap Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
-64000000 USD
CY2015 us-gaap Temporary Equity Foreign Currency Translation Adjustments
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-36000000 USD
CY2013 us-gaap Temporary Equity Net Income
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1000000 USD
CY2014 us-gaap Temporary Equity Net Income
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-4000000 USD
CY2015 us-gaap Temporary Equity Net Income
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13000000 USD
CY2013 us-gaap Temporary Equity Other Changes
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-3000000 USD
CY2014 us-gaap Temporary Equity Other Changes
TemporaryEquityOtherChanges
-40000000 USD
CY2015 us-gaap Temporary Equity Other Changes
TemporaryEquityOtherChanges
-23000000 USD
CY2015Q4 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
150000000 shares
CY2013 us-gaap Temporary Equity Stock Issued During Period Value New Issues
TemporaryEquityStockIssuedDuringPeriodValueNewIssues
41000000 USD
CY2014 us-gaap Temporary Equity Stock Issued During Period Value New Issues
TemporaryEquityStockIssuedDuringPeriodValueNewIssues
796000000 USD
CY2015 us-gaap Temporary Equity Stock Issued During Period Value New Issues
TemporaryEquityStockIssuedDuringPeriodValueNewIssues
60000000 USD
CY2014Q4 us-gaap Trading Securities
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147000000 USD
CY2015Q4 us-gaap Trading Securities
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149000000 USD
CY2014Q4 us-gaap Treasury Stock Value
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4763000000 USD
CY2015Q4 us-gaap Treasury Stock Value
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5461000000 USD
CY2013 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1305000000 USD
CY2014 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1422000000 USD
CY2015 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
951000000 USD
CY2013 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
212000000 USD
CY2014 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
236000000 USD
CY2015 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
224000000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits
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128000000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
185000000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
176000000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
173000000 USD
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
8000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
129000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
21000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
6000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
3000000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
25000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
40000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
30000000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
36000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
82000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
17000000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
11000000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
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17000000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
20000000 USD
CY2013 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
2000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
8000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
13000000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
131000000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
176000000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
173000000 USD
CY2015Q4 us-gaap Variable Interest Entity Entity Maximum Loss Exposure Amount
VariableInterestEntityEntityMaximumLossExposureAmount
433000000 USD
CY2014Q4 us-gaap Variable Interest Entity Nonconsolidated Carrying Amount Assets
VariableInterestEntityNonconsolidatedCarryingAmountAssets
461000000 USD
CY2015Q4 us-gaap Variable Interest Entity Nonconsolidated Carrying Amount Assets
VariableInterestEntityNonconsolidatedCarryingAmountAssets
423000000 USD
CY2015 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;">Recognition and Measurement of Financial Instruments</font></div><div style="line-height:120%;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> In January 2016, the FASB issued guidance regarding the classification and measurement of financial instruments, which significantly revises the classification and measurement of investments in equity securities. This standard supersedes the guidance to classify equity securities with readily determinable fair values into different categories and requires equity securities to be measured at fair value with changes in the fair value recognized through net income. An entity's equity investments that are accounted for under the equity method of accounting or result in consolidation of an investee are not included within the scope of this update. The new standard will be effective for reporting periods after December 15, 2017. The Company is currently evaluating the impact that the pronouncement will have on the consolidated financial statements.</font></div><div style="line-height:120%;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Balance Sheet Classification of Deferred Taxes</font></div><div style="line-height:120%;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;"> </font><font style="font-family:inherit;font-size:10pt;">In November 2015, the FASB issued guidance to simplify the presentation of deferred income taxes, which removes the requirement to separate deferred tax liabilities and assets into current and noncurrent amounts and instead requires all such amounts be classified as noncurrent on the Company's consolidated balance sheets. The new requirement will be effective for financial statements issued for annual periods beginning after December 15, 2016 and can be adopted on either a retrospective or prospective basis. The Company is currently evaluating the impact that the pronouncement will have on the consolidated financial statements.</font></div><div style="line-height:120%;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Business Consolidation</font></div><div style="line-height:120%;padding-top:6px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2015, the FASB issued guidance that amends the analysis that a reporting entity performs to determine whether it should consolidate certain legal entities. The changes in this guidance include how related parties and de facto agents are considered in the primary beneficiary determination and the analysis for determining whether a fee paid to a decision maker or service provider is a variable interest. The new standard is effective for reporting periods beginning after December 15, 2015 and can be adopted either retrospectively or using a modified retrospective approach by recording a cumulative-effect adjustment to stockholders' equity as of the beginning of the fiscal year of adoption. Early adoption is permitted. The Company is currently evaluating the impact that the pronouncement will have on the consolidated financial statements.</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 Financial Statements - Going Concern</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 August 2014, the FASB issued guidance requiring management to </font><font style="font-family:inherit;font-size:10pt;color:#252525;">perform interim and annual assessments regarding conditions or events that raise substantial doubt about the Company's ability to continue as a going concern and to provide related disclosures, if</font><font style="font-family:inherit;font-size:10pt;"> applicable. The new standard will be effective for reporting periods beginning after December 15, 2016, with early adoption permitted. The adoption of this standard is not expected to have a material effect on the Company's consolidated financial statements.</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;">Revenue from Contracts with Customers</font></div><div style="line-height:120%;padding-top:6px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2014, the FASB issued guidance which applies a single, comprehensive revenue recognition model for all contracts with customers. This standard contains principles with respect to the measurement of revenue and timing of recognition. The Company will recognize revenue to reflect the transfer of goods or services to customers at an amount that it expects to be entitled to receive in exchange for those goods or services. In August 2015, the FASB deferred the pronouncement's effective date to annual reporting periods beginning after December 15, 2017. However, reporting entities may choose to adopt the standard as of the original effective date of annual reporting periods beginning after December 15, 2016. The Company is required to apply the new revenue standard beginning in the first interim period within the year of adoption. The Company is currently evaluating the impact that the pronouncement will have on the 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>
CY2015 us-gaap Revenue Recognition Deferred Revenue
RevenueRecognitionDeferredRevenue
<div style="font-family:Times New Roman;font-size:10pt;"><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;">Deferred Revenue</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 revenue primarily consists of cash received for television advertising for which the advertising spots have not yet fully delivered the ratings guaranteed, product licensing arrangements 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>
CY2015 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 evaluations could change. These estimates are sometimes complex, sensitive to changes in assumptions and require fair value determinations using Level 3 fair value measurements. 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>

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