2016 Q4 Form 10-K Financial Statement

#000162828017001482 Filed on February 21, 2017

View on sec.gov

Income Statement

Concept 2016 Q4 2015 Q4 2015 Q3
Revenue $7.792B $6.734B $7.811B
YoY Change 15.72% -31.15% -33.32%
Cost Of Revenue $7.570B $6.503B $7.584B
YoY Change 16.41% -31.98% -34.05%
Gross Profit $222.3M $230.2M $226.7M
YoY Change -3.43% 5.11% 5.44%
Gross Profit Margin 2.85% 3.42% 2.9%
Selling, General & Admin $198.0M $160.0M $160.0M
YoY Change 23.75% 7.38% 13.48%
% of Gross Profit 89.07% 69.5% 70.58%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $23.90M $18.50M $16.40M
YoY Change 29.19% 5.71% 10.81%
% of Gross Profit 10.75% 8.04% 7.23%
Operating Expenses $198.0M $161.0M $160.3M
YoY Change 22.98% 8.05% 14.5%
Operating Profit $24.30M $69.20M $66.40M
YoY Change -64.88% -1.14% -11.47%
Interest Expense -$8.000M -$6.000M $9.200M
YoY Change 33.33%
% of Operating Profit -32.92% -8.67% 13.86%
Other Income/Expense, Net -$14.00M -$1.000M -$6.000M
YoY Change 1300.0% -107.69% 0.0%
Pretax Income $2.000M $63.00M $60.40M
YoY Change -96.83% -24.1% -11.18%
Income Tax $0.00 $14.00M $17.70M
% Of Pretax Income 0.0% 22.22% 29.3%
Net Earnings $2.100M $49.60M $42.70M
YoY Change -95.77% -25.97% -23.75%
Net Earnings / Revenue 0.03% 0.74% 0.55%
Basic Earnings Per Share $0.03 $0.72 $0.62
Diluted Earnings Per Share $0.03 $0.71 $0.62
COMMON SHARES
Basic Shares Outstanding 70.46M shares 70.00M shares
Diluted Shares Outstanding 70.30M shares

Balance Sheet

Concept 2016 Q4 2015 Q4 2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $698.6M $582.5M $609.6M
YoY Change 19.93% 92.69% 56.91%
Cash & Equivalents $698.6M $582.5M $609.6M
Short-Term Investments
Other Short-Term Assets $230.6M $208.0M $638.0M
YoY Change 10.87% -66.83% 50.37%
Inventory $458.0M $359.1M $414.0M
Prepaid Expenses $46.50M $57.90M
Receivables $2.344B $1.800B $2.039B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $3.837B $3.246B $3.701B
YoY Change 18.19% -11.67% -14.52%
LONG-TERM ASSETS
Property, Plant & Equipment $311.2M $225.6M $224.7M
YoY Change 37.94% 11.3% 9.72%
Goodwill $835.9M $675.8M
YoY Change 23.69% 3.44%
Intangibles $282.3M $210.9M
YoY Change 33.85%
Long-Term Investments $67.20M $71.10M
YoY Change -5.49%
Other Assets -$100.0K $36.50M $34.00M
YoY Change -100.27%
Total Long-Term Assets $1.576B $1.279B $1.272B
YoY Change 23.2% 6.15% 6.52%
TOTAL ASSETS
Total Short-Term Assets $3.837B $3.246B $3.701B
Total Long-Term Assets $1.576B $1.279B $1.272B
Total Assets $5.413B $4.525B $4.973B
YoY Change 19.61% -7.27% -9.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.770B $1.350B $1.629B
YoY Change 31.18% -27.05% -33.66%
Accrued Expenses $306.0M $255.2M -$178.6M
YoY Change 19.91% -147.71% -357.35%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $15.40M $25.50M $23.20M
YoY Change -39.61% 42.46% 41.46%
Total Short-Term Liabilities $2.183B $1.754B $2.106B
YoY Change 24.43% -21.74% -26.05%
LONG-TERM LIABILITIES
Long-Term Debt $1.171B $746.7M $861.2M
YoY Change 56.8% 11.12% 14.69%
Other Long-Term Liabilities $34.50M $118.5M $129.9M
YoY Change -70.89% 16.4% 14.85%
Total Long-Term Liabilities $34.50M $865.2M $991.1M
YoY Change -96.01% 11.81% 14.71%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.183B $1.754B $2.106B
Total Long-Term Liabilities $34.50M $865.2M $991.1M
Total Liabilities $3.473B $2.619B $3.108B
YoY Change 32.57% -13.4% -16.35%
SHAREHOLDERS EQUITY
Retained Earnings $1.679B $1.569B
YoY Change 7.0%
Common Stock $400.6M $436.0M
YoY Change -8.12%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.925B $1.896B $1.865B
YoY Change
Total Liabilities & Shareholders Equity $5.413B $4.525B $4.973B
YoY Change 19.61% -7.27% -9.97%

Cashflow Statement

Concept 2016 Q4 2015 Q4 2015 Q3
OPERATING ACTIVITIES
Net Income $2.100M $49.60M $42.70M
YoY Change -95.77% -25.97% -23.75%
Depreciation, Depletion And Amortization $23.90M $18.50M $16.40M
YoY Change 29.19% 5.71% 10.81%
Cash From Operating Activities -$169.7M $122.3M $147.4M
YoY Change -238.76% 910.74% 443.91%
INVESTING ACTIVITIES
Capital Expenditures -$7.200M -$14.60M -$14.50M
YoY Change -50.68% 11.45% -15.2%
Acquisitions
YoY Change
Other Investing Activities -$7.600M -$16.20M -$75.50M
YoY Change -53.09% -361.29% 13.88%
Cash From Investing Activities -$14.80M -$30.80M -$90.00M
YoY Change -51.95% 346.38% 7.91%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 15.20M -116.9M 65.20M
YoY Change -113.0% 29.31% 26.11%
NET CHANGE
Cash From Operating Activities -169.7M 122.3M 147.4M
Cash From Investing Activities -14.80M -30.80M -90.00M
Cash From Financing Activities 15.20M -116.9M 65.20M
Net Change In Cash -169.3M -25.40M 122.6M
YoY Change 566.54% -70.19% -2765.22%
FREE CASH FLOW
Cash From Operating Activities -$169.7M $122.3M $147.4M
Capital Expenditures -$7.200M -$14.60M -$14.50M
Free Cash Flow -$162.5M $136.9M $161.9M
YoY Change -218.7% 443.25% 266.29%

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CommitmentsAndContingencies
USD
CY2014 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.15
CY2015 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.24
CY2016 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.24
CY2014Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2015Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2014Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2015Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2016Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2014Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
72100000 shares
CY2015Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
70800000 shares
CY2016Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
69900000 shares
CY2014Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
72100000 shares
CY2015Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
70800000 shares
CY2016Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
69900000 shares
CY2015Q4 us-gaap Common Stock Value
CommonStockValue
700000 USD
CY2016Q4 us-gaap Common Stock Value
CommonStockValue
700000 USD
CY2014 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
191400000 USD
CY2015 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
126400000 USD
CY2016 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
77900000 USD
CY2014 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-1100000 USD
CY2015 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-2200000 USD
CY2016 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1600000 USD
CY2014 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
190400000 USD
CY2015 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
124300000 USD
CY2016 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
79500000 USD
CY2014 us-gaap Cost Of Revenue
CostOfRevenue
42572700000 USD
CY2015 us-gaap Cost Of Revenue
CostOfRevenue
29520400000 USD
CY2016 us-gaap Cost Of Revenue
CostOfRevenue
26116800000 USD
CY2014 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
13900000 USD
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-9900000 USD
CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
7500000 USD
CY2014 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
23500000 USD
CY2015 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
27000000 USD
CY2016 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
30400000 USD
CY2014 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
39900000 USD
CY2015 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
17800000 USD
CY2016 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
38700000 USD
CY2014 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2500000 USD
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
700000 USD
CY2016 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
800000 USD
CY2015Q4 us-gaap Customer Deposits Current
CustomerDepositsCurrent
118300000 USD
CY2016Q4 us-gaap Customer Deposits Current
CustomerDepositsCurrent
90800000 USD
CY2015Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
772200000 USD
CY2016Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
1186300000 USD
CY2015Q4 us-gaap Debt Current
DebtCurrent
25500000 USD
CY2016Q4 us-gaap Debt Current
DebtCurrent
15400000 USD
CY2014Q4 us-gaap Decrease In Restricted Cash
DecreaseInRestrictedCash
13800000 USD
CY2014Q4 us-gaap Decrease In Restricted Cash
DecreaseInRestrictedCash
8800000 GBP
CY2015 us-gaap Decrease In Restricted Cash
DecreaseInRestrictedCash
800000 GBP
CY2015 us-gaap Decrease In Restricted Cash
DecreaseInRestrictedCash
1100000 USD
CY2014 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
10700000 USD
CY2015 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
4600000 USD
CY2016 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-29300000 USD
CY2014 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-2600000 USD
CY2015 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-2300000 USD
CY2016 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-2500000 USD
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
10800000 USD
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
5300000 USD
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-36000000 USD
CY2015Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
89000000 USD
CY2016Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
81500000 USD
CY2014 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
2700000 USD
CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
3000000 USD
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-4200000 USD
CY2015Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
60500000 USD
CY2016Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
93200000 USD
CY2015Q4 us-gaap Deferred Tax Assets Hedging Transactions
DeferredTaxAssetsHedgingTransactions
800000 USD
CY2016Q4 us-gaap Deferred Tax Assets Hedging Transactions
DeferredTaxAssetsHedgingTransactions
4600000 USD
CY2016Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
4600000 USD
CY2015Q4 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
5200000 USD
CY2016Q4 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
20600000 USD
CY2015Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
57600000 USD
CY2016Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
86100000 USD
CY2015Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
13000000 USD
CY2016Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
38600000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
5300000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
7800000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Other
DeferredTaxAssetsTaxCreditCarryforwardsOther
700000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Other
DeferredTaxAssetsTaxCreditCarryforwardsOther
200000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
20600000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
26200000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
0 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
5000000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
5000000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
4500000 USD
CY2015Q4 us-gaap Deferred Tax Assets Unrealized Currency Losses
DeferredTaxAssetsUnrealizedCurrencyLosses
2700000 USD
CY2016Q4 us-gaap Deferred Tax Assets Unrealized Currency Losses
DeferredTaxAssetsUnrealizedCurrencyLosses
0 USD
CY2015Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
2900000 USD
CY2016Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
7100000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
31400000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Deferred Expense Reserves And Accruals
DeferredTaxLiabilitiesDeferredExpenseReservesAndAccruals
2500000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Deferred Expense Reserves And Accruals
DeferredTaxLiabilitiesDeferredExpenseReservesAndAccruals
0 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Derivatives
DeferredTaxLiabilitiesDerivatives
5100000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Derivatives
DeferredTaxLiabilitiesDerivatives
2400000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
56200000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
56100000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
36600000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
16000000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
0 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
700000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
4400000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
5800000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
20800000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
8500000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Unrealized Currency Transaction Gains
DeferredTaxLiabilitiesUnrealizedCurrencyTransactionGains
0 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Unrealized Currency Transaction Gains
DeferredTaxLiabilitiesUnrealizedCurrencyTransactionGains
8000000 USD
CY2015Q4 us-gaap Deferred Tax Liability Not Recognized Amount Of Unrecognized Deferred Tax Liability Undistributed Earnings Of Foreign Subsidiaries
DeferredTaxLiabilityNotRecognizedAmountOfUnrecognizedDeferredTaxLiabilityUndistributedEarningsOfForeignSubsidiaries
0 USD
CY2016Q4 us-gaap Deferred Tax Liability Not Recognized Amount Of Unrecognized Deferred Tax Liability Undistributed Earnings Of Foreign Subsidiaries
DeferredTaxLiabilityNotRecognizedAmountOfUnrecognizedDeferredTaxLiabilityUndistributedEarningsOfForeignSubsidiaries
0 USD
CY2014 us-gaap Depreciation
Depreciation
30300000 USD
CY2015 us-gaap Depreciation
Depreciation
35100000 USD
CY2016 us-gaap Depreciation
Depreciation
42500000 USD
CY2014 us-gaap Depreciation And Amortization
DepreciationAndAmortization
57300000 USD
CY2015Q4 us-gaap Derivative Asset Not Subject To Master Netting Arrangement Deduction
DerivativeAssetNotSubjectToMasterNettingArrangementDeduction
0 USD
CY2016Q4 us-gaap Derivative Asset Not Subject To Master Netting Arrangement Deduction
DerivativeAssetNotSubjectToMasterNettingArrangementDeduction
0 USD
CY2015 us-gaap Depreciation And Amortization
DepreciationAndAmortization
65500000 USD
CY2016 us-gaap Depreciation And Amortization
DepreciationAndAmortization
82300000 USD
CY2015Q4 us-gaap Derivative Asset Fair Value Gross Asset Including Not Subject To Master Netting Arrangement
DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement
529600000 USD
CY2016Q4 us-gaap Derivative Asset Fair Value Gross Asset Including Not Subject To Master Netting Arrangement
DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement
347200000 USD
CY2015Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
261300000 USD
CY2016Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
254800000 USD
CY2015Q4 us-gaap Derivative Asset Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
240000000 USD
CY2016Q4 us-gaap Derivative Asset Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
65300000 USD
CY2015Q4 us-gaap Derivative Assets
DerivativeAssets
268400000 USD
CY2016Q4 us-gaap Derivative Assets
DerivativeAssets
92400000 USD
CY2015Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
220400000 USD
CY2016Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
58900000 USD
CY2015Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
28400000 USD
CY2016Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
27100000 USD
CY2015Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
140800000 USD
CY2016Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
2000000 USD
CY2015Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
529600000 USD
CY2016Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
347200000 USD
CY2015Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
468500000 USD
CY2016Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
332500000 USD
CY2015Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
207200000 USD
CY2016Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
77700000 USD
CY2015Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
261300000 USD
CY2016Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
254800000 USD
CY2015Q4 us-gaap Derivative Liability Fair Value Gross Liability Including Not Subject To Master Netting Arrangement
DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement
468500000 USD
CY2016Q4 us-gaap Derivative Liability Fair Value Gross Liability Including Not Subject To Master Netting Arrangement
DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement
332500000 USD
CY2015Q4 us-gaap Derivative Liability Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
66400000 USD
CY2016Q4 us-gaap Derivative Liability Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
75700000 USD
CY2015Q4 us-gaap Derivative Liability Not Subject To Master Netting Arrangement Deduction
DerivativeLiabilityNotSubjectToMasterNettingArrangementDeduction
0 USD
CY2016Q4 us-gaap Derivative Liability Not Subject To Master Netting Arrangement Deduction
DerivativeLiabilityNotSubjectToMasterNettingArrangementDeduction
0 USD
CY2015Q4 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
63200000 USD
CY2016Q4 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
15200000 USD
CY2015Q4 us-gaap Disposal Group Including Discontinued Operation Assets Noncurrent
DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent
36500000 USD
CY2016Q4 us-gaap Disposal Group Including Discontinued Operation Assets Noncurrent
DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent
0 USD
CY2014 us-gaap Dividends Cash
DividendsCash
10600000 USD
CY2015 us-gaap Dividends Cash
DividendsCash
16800000 USD
CY2016 us-gaap Dividends Cash
DividendsCash
16600000 USD
CY2015Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
4200000 USD
CY2016Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
4100000 USD
CY2014 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.17
CY2015Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.71
CY2015Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.43
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.62
CY2015Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.72
CY2015 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.49
CY2016Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.74
CY2016Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.43
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.62
CY2016Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.03
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.82
CY2014 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.15
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.70
CY2015Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.43
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.62
CY2015Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.71
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.47
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.74
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.43
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.61
CY2016Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.03
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.81
CY2014 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
-3400000 USD
CY2015 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
-5500000 USD
CY2016 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
-1500000 USD
CY2013 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.185
CY2014 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.195
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.217
CY2016 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.110
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2014 us-gaap Effective Income Tax Rate Reconciliation Disposition Of Business
EffectiveIncomeTaxRateReconciliationDispositionOfBusiness
0.000
CY2015 us-gaap Effective Income Tax Rate Reconciliation Disposition Of Business
EffectiveIncomeTaxRateReconciliationDispositionOfBusiness
0.000
CY2016 us-gaap Effective Income Tax Rate Reconciliation Disposition Of Business
EffectiveIncomeTaxRateReconciliationDispositionOfBusiness
0.038
CY2014 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.182
CY2015 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.283
CY2016 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.424
CY2014 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
-0.009
CY2015 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
0.019
CY2016 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
0.056
CY2014 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.013
CY2015 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.011
CY2016 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.015
CY2014 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
0.011
CY2015 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
0.103
CY2016 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
0.092
CY2016Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
42600000 USD
CY2016 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y3M23D
CY2015Q4 us-gaap Equity Method Investments
EquityMethodInvestments
71100000 USD
CY2014 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
611000000 USD
CY2016Q4 us-gaap Equity Method Investments
EquityMethodInvestments
67200000 USD
CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
1000000 USD
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
0 USD
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
1600000 USD
CY2015 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
2600000 USD
CY2016 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
1600000 USD
CY2015 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
154300000 USD
CY2016 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
508800000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
152200000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
189100000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
76700000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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41100000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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24400000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
27800000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
32500000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
38100000 USD
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CY2016Q4 us-gaap Finite Lived Intangible Assets Gross
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429700000 USD
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179000000 USD
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240700000 USD
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7800000 USD
CY2015 us-gaap Foreign Currency Transaction Gain Loss Unrealized
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7300000 USD
CY2016 us-gaap Foreign Currency Transaction Gain Loss Unrealized
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11800000 USD
CY2014 us-gaap Gain Loss From Components Excluded From Assessment Of Fair Value Hedge Effectiveness Net
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0 USD
CY2015 us-gaap Gain Loss From Components Excluded From Assessment Of Fair Value Hedge Effectiveness Net
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0 USD
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0 USD
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16100000 USD
CY2016 us-gaap Gain Loss On Fair Value Hedge Ineffectiveness Net
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18100000 USD
CY2015 us-gaap Gain Loss On Sale Of Business
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0 USD
CY2016 us-gaap Gain Loss On Sale Of Business
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3800000 USD
CY2014 us-gaap Gains Losses On Extinguishment Of Debt
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5300000 USD
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8200000 USD
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7000000 USD
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242100000 USD
CY2016 us-gaap General And Administrative Expense
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281400000 USD
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CY2015Q4 us-gaap Goodwill
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39400000 USD
CY2016 us-gaap Goodwill Acquired During Period
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173300000 USD
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CY2016 us-gaap Goodwill Foreign Currency Translation Gain Loss
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6900000 USD
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CY2015Q1 us-gaap Gross Profit
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213600000 USD
CY2015Q2 us-gaap Gross Profit
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CY2015Q3 us-gaap Gross Profit
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226700000 USD
CY2015Q4 us-gaap Gross Profit
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230200000 USD
CY2015 us-gaap Gross Profit
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861000000 USD
CY2016Q1 us-gaap Gross Profit
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221500000 USD
CY2016Q2 us-gaap Gross Profit
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218500000 USD
CY2016Q3 us-gaap Gross Profit
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236700000 USD
CY2016Q4 us-gaap Gross Profit
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222300000 USD
CY2016 us-gaap Gross Profit
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899000000 USD
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59700000 USD
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3500000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
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CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
215100000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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214200000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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227500000 USD
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274800000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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217700000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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142100000 USD
CY2013 us-gaap Income Tax Expense Benefit
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46000000 USD
CY2014 us-gaap Income Tax Expense Benefit
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53600000 USD
CY2015 us-gaap Income Tax Expense Benefit
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47200000 USD
CY2015 us-gaap Increase Decrease In Accounts Receivable
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CY2016 us-gaap Income Tax Expense Benefit
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15700000 USD
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40800000 USD
CY2015 us-gaap Income Taxes Paid Net
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44000000 USD
CY2016 us-gaap Income Taxes Paid Net
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37500000 USD
CY2014 us-gaap Increase Decrease Cash Collateral From Counterparties
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133300000 USD
CY2016 us-gaap Increase Decrease Cash Collateral From Counterparties
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149200000 USD
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423400000 USD
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506800000 USD
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12800000 USD
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-17500000 USD
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265800000 USD
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-81400000 USD
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49500000 USD
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1900000 USD
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38000000 USD
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20400000 USD
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21700000 USD
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0 USD
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33100000 USD
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5000000 USD
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56100000 USD
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39500000 USD
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24100000 USD
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15400000 USD
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11600000 USD
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200000 USD
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500000 USD
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3700000 USD
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169500000 USD
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340900000 USD
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447500000 USD
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205200000 USD
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50300000 USD
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30500000 USD
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43700000 USD
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49900000 USD
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174500000 USD
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51800000 USD
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30000000 USD
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42700000 USD
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2200000 USD
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126500000 USD
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19400000 USD
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500000 USD
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710100000 USD
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38400000 USD
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44100000 USD
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12800000 USD
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17000000 USD
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20900000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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25900000 USD
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34700000 USD
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29200000 USD
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31600000 USD
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36900000 USD
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42200000 USD
CY2016Q4 us-gaap Operating Loss Carryforwards
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106200000 USD
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CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax
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23300000 USD
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2000000 USD
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0 USD
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-6600000 USD
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-4100000 USD
CY2014 us-gaap Other Noncash Income Expense
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5300000 USD
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CY2016 us-gaap Other Noncash Income Expense
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CY2014 us-gaap Payments For Repurchase Of Common Stock
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10000000 USD
CY2015 us-gaap Payments For Repurchase Of Common Stock
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70500000 USD
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41200000 USD
CY2014 us-gaap Payments Of Dividends Common Stock
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10600000 USD
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15300000 USD
CY2016 us-gaap Payments Of Dividends Common Stock
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16600000 USD
CY2014 us-gaap Payments Of Dividends Minority Interest
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11600000 USD
CY2015 us-gaap Payments Of Dividends Minority Interest
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300000 USD
CY2016 us-gaap Payments Of Dividends Minority Interest
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300000 USD
CY2014 us-gaap Payments Of Financing Costs
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0 USD
CY2015 us-gaap Payments Of Financing Costs
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3400000 USD
CY2016 us-gaap Payments Of Financing Costs
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5700000 USD
CY2014 us-gaap Payments To Acquire Investments
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2100000 USD
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1000000 USD
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1000000 USD
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0 USD
CY2015 us-gaap Payments To Acquire Notes Receivable
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1400000 USD
CY2016 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
3500000 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
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50200000 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
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51000000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
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36100000 USD
CY2014Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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1
CY2015Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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1
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1
CY2014Q4 us-gaap Preferred Stock Shares Authorized
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100000 shares
CY2015Q4 us-gaap Preferred Stock Shares Authorized
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">Estimates and Assumptions</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">The preparation of consolidated financial statements in conformity with U.S. GAAP requires us to make certain estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Accordingly, actual results could materially differ from estimated amounts. We evaluate our estimated assumptions based on historical experience and on various other assumptions that are believed to be reasonable, the results of which form the basis for making judgments about the carrying values of assets and liabilities.</font></div></div>

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