2014 Q3 Form 10-Q Financial Statement
#000156459014003266 Filed on August 07, 2014
Income Statement
| Concept | 2014 Q3 | 2014 Q2 | 2013 Q3 |
|---|---|---|---|
| Revenue | $771.0M | $788.0M | $764.0M |
| YoY Change | 0.92% | 18.85% | 4.51% |
| Cost Of Revenue | $393.0M | $417.0M | $389.0M |
| YoY Change | 1.03% | 13.01% | 5.71% |
| Gross Profit | $378.0M | $371.0M | $375.0M |
| YoY Change | 0.8% | 26.19% | 3.31% |
| Gross Profit Margin | 49.03% | 47.08% | 49.08% |
| Selling, General & Admin | $287.0M | $319.0M | $352.0M |
| YoY Change | -18.47% | 34.03% | 35.38% |
| % of Gross Profit | 75.93% | 85.98% | 93.87% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $16.00M | $14.00M | $13.00M |
| YoY Change | 23.08% | 7.69% | -79.03% |
| % of Gross Profit | 4.23% | 3.77% | 3.47% |
| Operating Expenses | $287.0M | $319.0M | $352.0M |
| YoY Change | -18.47% | 34.03% | 9.32% |
| Operating Profit | $24.00M | -$15.00M | -$41.00M |
| YoY Change | -158.54% | -287.5% | -200.0% |
| Interest Expense | -$46.00M | -$48.00M | -$54.00M |
| YoY Change | -14.81% | -202.13% | -3.57% |
| % of Operating Profit | -191.67% | ||
| Other Income/Expense, Net | -$1.000M | $4.000M | -$1.000M |
| YoY Change | 0.0% | -300.0% | -150.0% |
| Pretax Income | -$23.00M | -$200.0M | -$96.00M |
| YoY Change | -76.04% | 365.12% | 638.46% |
| Income Tax | $1.000M | -$16.00M | -$39.00M |
| % Of Pretax Income | |||
| Net Earnings | -$26.00M | -$185.0M | -$57.00M |
| YoY Change | -54.39% | 193.65% | 216.67% |
| Net Earnings / Revenue | -3.37% | -23.48% | -7.46% |
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | -$50.98K | -$362.7K | -$111.8K |
| COMMON SHARES | |||
| Basic Shares Outstanding | 1.055K | 1.055K shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2014 Q3 | 2014 Q2 | 2013 Q3 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $157.0M | $142.0M | $155.0M |
| YoY Change | 1.29% | 39.22% | -48.68% |
| Cash & Equivalents | $157.0M | $142.0M | $155.0M |
| Short-Term Investments | |||
| Other Short-Term Assets | $203.0M | $216.0M | $195.0M |
| YoY Change | 4.1% | 254.1% | 343.18% |
| Inventory | $39.00M | $37.00M | $33.00M |
| Prepaid Expenses | |||
| Receivables | $383.0M | $449.0M | $511.0M |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $782.0M | $844.0M | $894.0M |
| YoY Change | -12.53% | 26.54% | -4.79% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $227.0M | $206.0M | $180.0M |
| YoY Change | 26.11% | 52.59% | 18.42% |
| Goodwill | $1.661B | $1.675B | $1.668B |
| YoY Change | -0.42% | 20.24% | 20.87% |
| Intangibles | $3.004B | $3.099B | $3.227B |
| YoY Change | -6.91% | 26.03% | 24.07% |
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $90.00M | $102.0M | $110.0M |
| YoY Change | -18.18% | 12.09% | 71.88% |
| Total Long-Term Assets | $5.172B | $5.272B | $5.358B |
| YoY Change | -3.47% | 24.84% | 23.48% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $782.0M | $844.0M | $894.0M |
| Total Long-Term Assets | $5.172B | $5.272B | $5.358B |
| Total Assets | $5.954B | $6.116B | $6.252B |
| YoY Change | -4.77% | 25.07% | 18.45% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $215.0M | $221.0M | $280.0M |
| YoY Change | -23.21% | 82.64% | 79.49% |
| Accrued Expenses | $243.0M | $261.0M | $308.0M |
| YoY Change | -21.1% | 29.85% | 21.74% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $13.00M | $13.00M | $13.00M |
| YoY Change | 0.0% | -55.17% | |
| Total Short-Term Liabilities | $1.885B | $1.946B | $1.987B |
| YoY Change | -5.13% | 25.06% | 23.72% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $3.017B | $3.033B | $2.854B |
| YoY Change | 5.71% | 48.9% | 29.37% |
| Other Long-Term Liabilities | $279.0M | $281.0M | $229.0M |
| YoY Change | 21.83% | 78.98% | 55.78% |
| Total Long-Term Liabilities | $3.296B | $3.314B | $3.083B |
| YoY Change | 6.91% | 51.05% | 31.02% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $1.885B | $1.946B | $1.987B |
| Total Long-Term Liabilities | $3.296B | $3.314B | $3.083B |
| Total Liabilities | $5.564B | $5.656B | $5.509B |
| YoY Change | 1.0% | 38.09% | 27.11% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | -$649.0M | -$623.0M | -$341.0M |
| YoY Change | 90.32% | 120.14% | 138.46% |
| Common Stock | $1.128B | $0.00 | $0.00 |
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $371.0M | $442.0M | $726.0M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $5.954B | $6.116B | $6.252B |
| YoY Change | -4.77% | 25.07% | 18.45% |
Cashflow Statement
| Concept | 2014 Q3 | 2014 Q2 | 2013 Q3 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$26.00M | -$185.0M | -$57.00M |
| YoY Change | -54.39% | 193.65% | 216.67% |
| Depreciation, Depletion And Amortization | $16.00M | $14.00M | $13.00M |
| YoY Change | 23.08% | 7.69% | -79.03% |
| Cash From Operating Activities | $89.00M | -$38.00M | $12.00M |
| YoY Change | 641.67% | -272.73% | -88.24% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$36.00M | -$17.00M | -$13.00M |
| YoY Change | 176.92% | -50.0% | -31.58% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$27.00M | $0.00 | -$719.0M |
| YoY Change | -96.24% | -100.0% | 23866.67% |
| Cash From Investing Activities | -$63.00M | -$17.00M | -$732.0M |
| YoY Change | -91.39% | -63.83% | 3227.27% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -6.000M | 48.00M | 771.0M |
| YoY Change | -100.78% | -129.45% | -77200.0% |
| NET CHANGE | |||
| Cash From Operating Activities | 89.00M | -38.00M | 12.00M |
| Cash From Investing Activities | -63.00M | -17.00M | -732.0M |
| Cash From Financing Activities | -6.000M | 48.00M | 771.0M |
| Net Change In Cash | 20.00M | -7.000M | 51.00M |
| YoY Change | -60.78% | -96.28% | -35.44% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $89.00M | -$38.00M | $12.00M |
| Capital Expenditures | -$36.00M | -$17.00M | -$13.00M |
| Free Cash Flow | $125.0M | -$21.00M | $25.00M |
| YoY Change | 400.0% | -137.5% | -79.34% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2013Q3 | us-gaap |
Inventory Net
InventoryNet
|
33000000 | |
| us-gaap |
Increase Decrease In Royalties Payable
IncreaseDecreaseInRoyaltiesPayable
|
11000000 | ||
| CY2014Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
281000000 | |
| CY2013Q3 | us-gaap |
Liabilities
Liabilities
|
5509000000 | |
| CY2014Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
||
| CY2013Q3 | us-gaap |
Common Stock Value
CommonStockValue
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||
| CY2014Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
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-623000000 | |
| CY2013Q3 | us-gaap |
Retained Earnings Accumulated Deficit
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-341000000 | |
| CY2014Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
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-63000000 | |
| CY2013Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-61000000 | |
| CY2014Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
442000000 | |
| CY2013Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
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726000000 | |
| CY2014Q2 | us-gaap |
Minority Interest
MinorityInterest
|
18000000 | |
| CY2013Q3 | us-gaap |
Minority Interest
MinorityInterest
|
17000000 | |
| CY2014Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
460000000 | |
| CY2014Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
6116000000 | |
| CY2013Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
6252000000 | |
| CY2014Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
69000000 | |
| CY2013Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
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55000000 | |
| CY2014Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
| CY2013Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
| CY2013Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-2000000 | |
| CY2014Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-184000000 | |
| CY2013Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-62000000 | |
| CY2013Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
238000000 | |
| CY2013Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-63000000 | |
| CY2014Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-185000000 | |
| us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-157000000 | ||
| CY2013Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
1000000 | |
| CY2014Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-16000000 | |
| CY2014Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
1000000 | |
| CY2013Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
19000000 | |
| CY2013Q3 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
439000000 | |
| CY2013Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
229000000 | |
| CY2013Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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743000000 | |
| CY2014Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
1055 | |
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Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-85000000 | ||
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Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-149000000 | ||
| us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-11000000 | ||
| CY2013Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-43000000 | |
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Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-306000000 | ||
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Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-129000000 | ||
| us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
8000000 | ||
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Profit Loss
ProfitLoss
|
-279000000 | ||
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Profit Loss
ProfitLoss
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-137000000 | ||
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Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
3000000 | ||
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Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
4000000 | ||
| us-gaap |
Net Income Loss
NetIncomeLoss
|
-282000000 | ||
| us-gaap |
Net Income Loss
NetIncomeLoss
|
-141000000 | ||
| CY2014Q2 | us-gaap |
Cost Of Goods Sold Depreciation
CostOfGoodsSoldDepreciation
|
14000000 | |
| CY2013Q2 | us-gaap |
Cost Of Goods Sold Depreciation
CostOfGoodsSoldDepreciation
|
13000000 | |
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Cost Of Goods Sold Depreciation
CostOfGoodsSoldDepreciation
|
39000000 | ||
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Cost Of Goods Sold Depreciation
CostOfGoodsSoldDepreciation
|
38000000 | ||
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Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-2000000 | ||
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Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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-8000000 | ||
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Share Based Compensation
ShareBasedCompensation
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5000000 | ||
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Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
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86000000 | ||
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Repayments Of Senior Debt
RepaymentsOfSeniorDebt
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7000000 | ||
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Repayments Of Senior Debt
RepaymentsOfSeniorDebt
|
110000000 | ||
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Payments Of Financing Costs
PaymentsOfFinancingCosts
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104000000 | ||
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Payments Of Financing Costs
PaymentsOfFinancingCosts
|
129000000 | ||
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Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-11000000 | ||
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Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
2000000 | ||
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Basis Of Accounting
BasisOfAccounting
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<div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">2. Basis of Presentation </p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Interim Financial Statements </p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The accompanying unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and notes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the three and nine month periods ended June 30, 2014 are not necessarily indicative of the results that may be expected for the fiscal year ended September 30, 2014. </p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The consolidated balance sheet at September 30, 2013 has been derived from the audited consolidated financial statements at that date but does not include all of the information and notes required by U.S. GAAP for complete financial statements. </p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">For further information, refer to the consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the fiscal year ended September 30, 2013 (File No. 001-32502). </p> <p style="margin-bottom:0pt;margin-top:18pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Basis of Consolidation </p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The accompanying financial statements present the consolidated accounts of all entities in which the Company has a controlling voting interest and/or variable interest required to be consolidated in accordance with U.S. GAAP. All intercompany balances and transactions have been eliminated. </p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 810, Consolidation (“ASC 810”) requires the Company first evaluate its investments to determine if any investments qualify as a variable interest entity (“VIE”). A VIE is consolidated if the Company is deemed to be the primary beneficiary of the VIE, which is the party involved with the VIE that has both (i) the power to control the most significant activities of the VIE and (ii) either the obligation to absorb losses or the right to receive benefits that could potentially be significant to the VIE. If an entity is not deemed to be a VIE, the Company consolidates the entity if the Company has a controlling voting interest. </p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company maintains a 52-53 week fiscal year ending on the Friday nearest to each reporting date. As such, all references to June 30, 2014 and June 30, 2013 relate to the periods ended June 27, 2014 and June 28, 2013, respectively. For convenience purposes, the Company continues to date its financial statements as of June 30. All references to September 30, 2013 relate to the fiscal year ended on September 27, 2013. For convenience purposes, the Company continues to date its financial statements as of September 30.</p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company has performed a review of all subsequent events through the date the financial statements were issued, and has determined that no additional disclosures are necessary. </p> <p style="margin-bottom:0pt;margin-top:18pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">New Accounting Pronouncements </p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In May 2014, the FASB issued guidance codified in ASC 606, Revenue Recognition – Revenue from Contracts with Customers (“ASC 606”), which amends the guidance in former ASC 605, Revenue Recognition and ASC 928, Entertainment – Music. The amendment was the result of a joint effort by the FASB and the International Accounting Standards Board to improve financial reporting by creating common revenue recognition guidance for U.S. GAAP and international financial reporting standards ("IFRS"). The joint project clarifies the principles for recognizing revenue and develops a common revenue standard for U.S. GAAP and IFRS. ASC 606 is effective for annual periods beginning after December 15, 2016, and interim periods within those years. Early application is not permitted. The update may be applied using one of two methods: retrospective application to each prior reporting period presented, or retrospective application with the cumulative effect of initially applying the update recognized at the date of initial application. The Company is currently evaluating the transition method that will be elected and the impact of the update on its financial statements and disclosures. </p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In April 2014, the FASB issued Accounting Standards Updates (“ASU”) 2014-08, Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity (“ASU 2014-08”). This ASU increases the requirements for components to be classified as discontinued operations to require a strategic shift (major line of business, major geographical area) that has or will have a major effect on an entity's operations and financial results. ASU 2014-08 is effective prospectively for disposals that occur in annual periods beginning after December 15, 2014, and interim periods thereafter. The adoption of this standard is not expected to have a significant impact on the Company’s financial statements.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In July 2013, the FASB issued ASU 2013-11, Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists (“ASU 2013-11”). ASU 2013-11 attempts to eliminate diversity in practice by requiring an unrecognized tax benefit, or a portion of an unrecognized tax benefit, to be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward. ASU 2013-11 is effective for annual and interim reporting periods for fiscal years beginning after December 15, 2013. The adoption of this standard is not expected to have a significant impact on the Company’s financial statements, other than presentation.</p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">During the first quarter of fiscal 2014, the Company simultaneously adopted ASU 2011-11, Disclosures about Offsetting Assets and Liabilities (“ASU 2011-11”) and ASU 2013-01, Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities (“ASU 2013-01”). ASU 2011-11 and ASU 2013-01 require additional quantitative and qualitative disclosures over financial instruments and derivative instruments that are offset on the balance sheet or subject to master netting arrangements. The adoption of these standards did not have an impact on the Company’s financial statements, other than disclosure. </p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">During the first quarter of fiscal 2014, the Company adopted ASU 2013-02, Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income (“ASU 2013-02”). ASU 2013-02 requires entities to disclose, in one place, information about the amounts reclassified out of accumulated other comprehensive income by component. The adoption of this standard did not have an impact on the Company’s financial statements, other than disclosure. </p></div> | ||
| CY2014Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
67000000 | |
| us-gaap |
Revenues
Revenues
|
2107000000 | ||
| dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
| CY2014Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
142000000 | |
| CY2013Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
155000000 | |
| CY2014Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
449000000 | |
| CY2014Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-200000000 | |
| CY2013Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
511000000 | |
| CY2014Q2 | us-gaap |
Inventory Net
InventoryNet
|
37000000 | |
| us-gaap |
Cost Of Revenue
CostOfRevenue
|
1177000000 | ||
| CY2014Q2 | us-gaap |
Advance Royalties Current
AdvanceRoyaltiesCurrent
|
101000000 | |
| CY2014Q2 | us-gaap |
Revenues
Revenues
|
788000000 | |
| us-gaap |
Revenues
Revenues
|
2256000000 | ||
| CY2014Q2 | us-gaap |
Assets Current
AssetsCurrent
|
844000000 | |
| CY2014Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
102000000 | |
| CY2013Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
110000000 | |
| CY2014Q2 | us-gaap |
Assets
Assets
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6116000000 | |
| CY2014Q2 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
50000000 | |
| CY2013Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
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280000000 | |
| CY2014Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
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1946000000 | |
| CY2013Q3 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
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13000000 | |
| CY2014Q2 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
8000000 | |
| CY2013Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1987000000 | |
| CY2014Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
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3033000000 | |
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Interest Payable Current
InterestPayableCurrent
|
75000000 | |
| CY2014Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
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1055 | |
| CY2014Q2 | us-gaap |
Accrued Royalties Current
AccruedRoyaltiesCurrent
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1163000000 | |
| CY2014Q2 | us-gaap |
Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
|
43000000 | |
| CY2013Q3 | us-gaap |
Advance Royalties Current
AdvanceRoyaltiesCurrent
|
93000000 | |
| CY2013Q3 | us-gaap |
Assets Current
AssetsCurrent
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894000000 | |
| CY2013Q3 | us-gaap |
Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
|
43000000 | |
| CY2014Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
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72000000 | |
| CY2013Q3 | us-gaap |
Accrued Royalties Current
AccruedRoyaltiesCurrent
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1147000000 | |
| CY2014Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
261000000 | |
| CY2013Q3 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
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2854000000 | |
| CY2014Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
206000000 | |
| CY2014Q2 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
230000000 | |
| CY2014Q2 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
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396000000 | |
| CY2013Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
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180000000 | |
| CY2013Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
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59000000 | |
| CY2014Q2 | us-gaap |
Advance Royalties Noncurrent
AdvanceRoyaltiesNoncurrent
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190000000 | |
| CY2013Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
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308000000 | |
| CY2013Q3 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
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139000000 | |
| CY2014Q2 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
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13000000 | |
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Other Liabilities Current
OtherLiabilitiesCurrent
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25000000 | |
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Advance Royalties Noncurrent
AdvanceRoyaltiesNoncurrent
|
173000000 | |
| CY2014Q2 | us-gaap |
Goodwill
Goodwill
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1675000000 | |
| CY2013Q3 | us-gaap |
Goodwill
Goodwill
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1668000000 | |
| CY2014Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
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2978000000 | |
| CY2013Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
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3107000000 | |
| CY2014Q2 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
121000000 | |
| CY2013Q3 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
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120000000 | |
| CY2013Q3 | us-gaap |
Assets
Assets
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6252000000 | |
| CY2014Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
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221000000 | |
| CY2014Q2 | us-gaap |
Liabilities
Liabilities
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5656000000 | |
| CY2014Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
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1128000000 | |
| CY2013Q3 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
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1128000000 | |
| CY2013Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
1055 | |
| CY2014Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
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1055 | |
| CY2013Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
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1055 | |
| CY2013Q2 | us-gaap |
Revenues
Revenues
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663000000 | |
| CY2014Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
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319000000 | |
| CY2014Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
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417000000 | |
| CY2013Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
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369000000 | |
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Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
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-92000000 | ||
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Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
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11000000 | ||
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Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
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490000000 | ||
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Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
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-76000000 | ||
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Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
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594000000 | ||
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Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
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111000000 | ||
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Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
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26000000 | ||
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Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
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490000000 | ||
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Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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-2000000 | ||
| CY2014Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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4000000 | |
| CY2013Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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4000000 | |
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Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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-10000000 | ||
| CY2014Q2 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-180000000 | |
| CY2013Q2 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
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-2000000 | |
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Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
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-2000000 | ||
| CY2014Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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4000000 | |
| CY2013Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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2000000 | |
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Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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-147000000 | ||
| CY2013Q2 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
1000000 | |
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Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
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4000000 | ||
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Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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-151000000 | ||
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Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
181000000 | ||
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Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
42000000 | ||
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Payments To Minority Shareholders
PaymentsToMinorityShareholders
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2000000 | ||
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Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
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12000000 | ||
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Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
2000000 | ||
| CY2013Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
102000000 | |
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Share Based Compensation
ShareBasedCompensation
|
8000000 | ||
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Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-81000000 | ||
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Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-2000000 | ||
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Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
-25000000 | ||
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Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
8000000 | ||
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Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
-33000000 | ||
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Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
25000000 | ||
| CY2013Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-61000000 | |
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Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-284000000 | ||
| CY2014Q2 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
1000000 | |
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Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
3000000 | ||
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Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-281000000 | ||
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Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
238000000 | ||
| CY2014Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-181000000 | |
| us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-13000000 | ||
| CY2013Q2 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-60000000 | |
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Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-47000000 | ||
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Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
2000000 | ||
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Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
43000000 | ||
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Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-260000000 | ||
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Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-5000000 | ||
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Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-13000000 | ||
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Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-200000000 | ||
| CY2012Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
302000000 | |
| wmg |
Number Of Songwriters And Composers
NumberOfSongwritersAndComposers
|
65000 | ||
| CY2014Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
10000 | |
| CY2013Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
10000 | |
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Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-3000000 | ||
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Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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-27000000 | ||
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Income Taxes Paid Net
IncomeTaxesPaidNet
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14000000 | ||
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Income Taxes Paid Net
IncomeTaxesPaidNet
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18000000 | ||
| CY2014Q2 | wmg |
Fair Value Of Assets And Liabilities Fair Value Disclosure
FairValueOfAssetsAndLiabilitiesFairValueDisclosure
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-9000000 | |
| CY2013Q3 | wmg |
Fair Value Of Assets And Liabilities Fair Value Disclosure
FairValueOfAssetsAndLiabilitiesFairValueDisclosure
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-44000000 | |
| CY2014Q2 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
3052000000 | |
| CY2014Q2 | us-gaap |
Longterm Debt Percentage Bearing Variable Interest Amount
LongtermDebtPercentageBearingVariableInterestAmount
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1303000000 | |
| CY2014Q2 | us-gaap |
Longterm Debt Percentage Bearing Fixed Interest Amount
LongtermDebtPercentageBearingFixedInterestAmount
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1749000000 | |
| CY2014Q2 | us-gaap |
Debt Instrument Fair Value
DebtInstrumentFairValue
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3098000000 | |
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Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
|||
| wmg |
Repayments Of Term Loan
RepaymentsOfTermLoan
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7000000 | ||
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Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
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2000000 | ||
| CY2014Q2 | us-gaap |
Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
|
50 | |
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Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
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| CY2014Q2 | wmg |
Intracompany Foreign Currency Balance Amount
IntracompanyForeignCurrencyBalanceAmount
|
21000000 | |
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Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
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5000000 | ||
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Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
|
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Goodwill Other Changes
GoodwillOtherChanges
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-2000000 | ||
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Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
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3615000000 | |
| CY2013Q3 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
3542000000 | |
| CY2014Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
637000000 | |
| CY2013Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
435000000 | |
| CY2014Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
3099000000 | |
| CY2013Q3 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
3227000000 | |
| CY2014Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
3046000000 | |
| CY2013Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
2867000000 | |
| CY2013Q2 | wmg |
Prepayment Of Term Loan Facility
PrepaymentOfTermLoanFacility
|
102500000 | |
| wmg |
Interest On Overdue Principal
InterestOnOverduePrincipal
|
0.020 | ||
| CY2014Q2 | wmg |
Annual Percentage Of Original Principal Term Loan Amortization
AnnualPercentageOfOriginalPrincipalTermLoanAmortization
|
0.0100 | |
| CY2014Q2 | us-gaap |
Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
|
0.056 | |
| CY2013Q2 | us-gaap |
Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
|
0.081 | |
| us-gaap |
Restructuring Charges
RestructuringCharges
|
86000000 | ||
| CY2014Q2 | us-gaap |
Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
|
18000000 | |
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Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
|
42000000 | ||
| CY2013Q2 | us-gaap |
Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
|
3000000 | |
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Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
|
3000000 | ||
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Restructuring And Related Cost Cost Incurred To Date
RestructuringAndRelatedCostCostIncurredToDate
|
64000000 | ||
| CY2013Q3 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
10000000 | |
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Payments For Restructuring
PaymentsForRestructuring
|
30000000 | ||
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Restructuring Reserve
RestructuringReserve
|
22000000 | |
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Loss Contingency New Claims Filed Number
LossContingencyNewClaimsFiledNumber
|
5 | |
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Litigation Settlement Amount
LitigationSettlementAmount
|
11500000 | |
| CY2014Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
0 | |
| CY2013Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
0 | |
| CY2013Q3 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
5000000 | |
| CY2013Q3 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
27000000 | |
| CY2014Q2 | wmg |
Income Loss From Continuing Operations Before Income Taxes Depreciation And Amortization
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDepreciationAndAmortization
|
66000000 | |
| CY2013Q2 | wmg |
Income Loss From Continuing Operations Before Income Taxes Depreciation And Amortization
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDepreciationAndAmortization
|
69000000 | |
| wmg |
Income Loss From Continuing Operations Before Income Taxes Depreciation And Amortization
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDepreciationAndAmortization
|
233000000 | ||
| wmg |
Income Loss From Continuing Operations Before Income Taxes Depreciation And Amortization
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDepreciationAndAmortization
|
297000000 | ||
| CY2014Q2 | us-gaap |
Interest Paid
InterestPaid
|
70000000 | |
| CY2013Q2 | us-gaap |
Interest Paid
InterestPaid
|
64000000 | |
| us-gaap |
Interest Paid
InterestPaid
|
171000000 | ||
| us-gaap |
Interest Paid
InterestPaid
|
174000000 | ||
| CY2014Q2 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
6000000 | |
| CY2013Q2 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
10000000 |
