2019 Q1 Form 10-K Financial Statement

#000116330219000014 Filed on February 15, 2019

View on sec.gov

Income Statement

Concept 2019 Q1 2017 Q4 2017
Revenue $3.499B $3.133B $11.05B
YoY Change 24.03% 18.23% 22.12%
Cost Of Revenue $3.172B $2.748B $10.86B
YoY Change 12.96% 13.79% 13.01%
Gross Profit $327.0M $385.0M $188.0M
YoY Change 2415.38% 63.83% -133.39%
Gross Profit Margin 9.35% 12.29% 1.7%
Selling, General & Admin $78.00M $97.00M $320.0M
YoY Change 0.0% -3.0% 4.58%
% of Gross Profit 23.85% 25.19% 170.21%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $143.0M $125.0M $501.0M
YoY Change 11.72% 1.63% -1.18%
% of Gross Profit 43.73% 32.47% 266.49%
Operating Expenses $78.00M $221.0M $320.0M
YoY Change 0.0% -0.45% 4.58%
Operating Profit $111.0M $164.0M $669.0M
YoY Change -18.98% 1161.54% -432.84%
Interest Expense $34.00M -$33.00M $226.0M
YoY Change -32.0% -37.74% -1.74%
% of Operating Profit 30.63% -20.12% 33.78%
Other Income/Expense, Net $3.000M -$41.00M -$44.00M
YoY Change -130.0% -177.36% 1000.0%
Pretax Income $62.00M $70.00M $301.0M
YoY Change 226.32% -165.42% -172.36%
Income Tax $8.000M -$8.000M -$86.00M
% Of Pretax Income 12.9% -11.43% -28.57%
Net Earnings $54.00M $159.0M $387.0M
YoY Change 200.0% -251.43% -187.95%
Net Earnings / Revenue 1.54% 5.08% 3.5%
Basic Earnings Per Share $0.31 $2.21
Diluted Earnings Per Share $0.31 $897.8K $2.19
COMMON SHARES
Basic Shares Outstanding 173.2M shares 175.0M shares
Diluted Shares Outstanding 174.5M shares 176.5M shares

Balance Sheet

Concept 2019 Q1 2017 Q4 2017
SHORT-TERM ASSETS
Cash & Short-Term Investments $676.0M $1.553B $1.553B
YoY Change -50.73% 2.51% 2.51%
Cash & Equivalents $676.0M $1.553B $1.553B
Short-Term Investments
Other Short-Term Assets $92.00M $85.00M $85.00M
YoY Change 35.29% 325.0% 193.1%
Inventory $2.133B $1.738B $1.738B
Prepaid Expenses
Receivables $1.710B $1.379B $1.379B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $4.630B $4.755B $4.755B
YoY Change -4.14% 9.16% 9.16%
LONG-TERM ASSETS
Property, Plant & Equipment $4.989B $4.280B $4.280B
YoY Change 14.51% 7.56% 7.56%
Goodwill
YoY Change
Intangibles $156.0M $167.0M
YoY Change -5.45% -4.57%
Long-Term Investments $535.0M $457.0M $460.0M
YoY Change 8.96% -8.42% -8.55%
Other Assets $181.0M $124.0M $180.0M
YoY Change 42.52% 6.9% 47.54%
Total Long-Term Assets $6.522B $5.107B $5.107B
YoY Change 25.52% 6.31% 6.31%
TOTAL ASSETS
Total Short-Term Assets $4.630B $4.755B $4.755B
Total Long-Term Assets $6.522B $5.107B $5.107B
Total Assets $11.15B $9.862B $9.862B
YoY Change 11.23% 7.66% 7.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $118.0M $63.00M $63.00M
YoY Change 66.2% -4.55% -4.55%
Accrued Expenses $412.0M $416.0M $416.0M
YoY Change 10.46% -14.23% -14.23%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $66.00M $3.000M $3.000M
YoY Change -76.51% -94.0% -94.0%
Total Short-Term Liabilities $3.140B $2.773B $2.721B
YoY Change 6.12% 18.96% 16.73%
LONG-TERM LIABILITIES
Long-Term Debt $2.326B $2.700B $2.700B
YoY Change -9.53% -9.43% -9.43%
Other Long-Term Liabilities $299.0M $303.0M $1.114B
YoY Change -7.43% -7.9% -27.9%
Total Long-Term Liabilities $299.0M $303.0M $3.814B
YoY Change -7.43% -7.9% -15.73%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.140B $2.773B $2.721B
Total Long-Term Liabilities $299.0M $303.0M $3.814B
Total Liabilities $6.916B $6.541B $6.542B
YoY Change 4.99% -5.0% -5.0%
SHAREHOLDERS EQUITY
Retained Earnings $1.255B $133.0M
YoY Change 783.8% -153.2%
Common Stock $178.0M $176.0M
YoY Change 0.56% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $126.0M $76.00M
YoY Change 12500.0% -58.24%
Treasury Stock Shares 5.186M shares 1.203M shares
Shareholders Equity $4.235B $3.320B $3.320B
YoY Change
Total Liabilities & Shareholders Equity $11.15B $9.862B $9.862B
YoY Change 11.23% 7.66% 7.66%

Cashflow Statement

Concept 2019 Q1 2017 Q4 2017
OPERATING ACTIVITIES
Net Income $54.00M $159.0M $387.0M
YoY Change 200.0% -251.43% -187.95%
Depreciation, Depletion And Amortization $143.0M $125.0M $501.0M
YoY Change 11.72% 1.63% -1.18%
Cash From Operating Activities $29.00M $280.0M $826.0M
YoY Change -129.29% 58.19% 9.55%
INVESTING ACTIVITIES
Capital Expenditures $302.0M -$214.0M $505.0M
YoY Change 45.19% 463.16% 65.03%
Acquisitions
YoY Change
Other Investing Activities $17.00M $119.0M
YoY Change 240.0% -1422.22%
Cash From Investing Activities -$302.0M -$197.0M -$386.0M
YoY Change 45.19% 496.97% 22.54%
FINANCING ACTIVITIES
Cash Dividend Paid $9.000M $35.00M
YoY Change 0.0% 12.9%
Common Stock Issuance & Retirement, Net $42.00M $0.00
YoY Change -100.0%
Debt Paid & Issued, Net $0.00 $1.127B
YoY Change -100.0% 3.11%
Cash From Financing Activities -$56.00M -224.0M -$415.0M
YoY Change -147.86% 300.0% -225.0%
NET CHANGE
Cash From Operating Activities $29.00M 280.0M $826.0M
Cash From Investing Activities -$302.0M -197.0M -$386.0M
Cash From Financing Activities -$56.00M -224.0M -$415.0M
Net Change In Cash -$331.0M -141.0M $42.00M
YoY Change 83.89% -260.23% -94.5%
FREE CASH FLOW
Cash From Operating Activities $29.00M $280.0M $826.0M
Capital Expenditures $302.0M -$214.0M $505.0M
Free Cash Flow -$273.0M $494.0M $321.0M
YoY Change -11.07% 129.77% -28.35%

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CY2018 us-gaap Deconsolidation Gain Or Loss Amount
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62000000 USD
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22000000 USD
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18000000 USD
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21000000 USD
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CY2018 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Accumulated Postretirement Benefit Obligation
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77000000 USD
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4000000 USD
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5937000000 USD
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5454000000 USD
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4960000000 USD
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507000000 USD
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501000000 USD
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521000000 USD
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52000000 USD
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125000000 USD
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345000000 USD
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132000000 USD
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157000000 USD
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323000000 USD
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109000000 USD
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134000000 USD
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710000000 USD
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853000000 USD
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506000000 USD
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335000000 USD
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516000000 USD
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19000000 USD
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5000000 USD
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4000000 USD
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14000000 USD
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0 USD
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0 USD
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301000000 USD
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812000000 USD
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98000000 USD
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44000000 USD
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61000000 USD
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89000000 USD
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32000000 USD
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47000000 USD
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24000000 USD
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252000000 USD
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36000000 USD
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10000000 USD
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18000000 USD
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48000000 USD
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42000000 USD
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62000000 USD
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74000000 USD
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105000000 USD
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171000000 USD
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8000000 USD
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8000000 USD
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CY2018 us-gaap Income Tax Reconciliation Tax Contingencies Foreign
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-21000000 USD
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39000000 USD
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56000000 USD
CY2018 us-gaap Income Tax Reconciliation Tax Credits
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71000000 USD
CY2016 us-gaap Income Taxes Paid Net
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6000000 USD
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40000000 USD
CY2018 us-gaap Income Taxes Paid Net
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39000000 USD
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287000000 USD
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225000000 USD
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282000000 USD
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182000000 USD
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36000000 USD
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312000000 USD
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52000000 USD
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8000000 USD
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117000000 USD
CY2018 us-gaap Increase Decrease In Inventories
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374000000 USD
CY2016 us-gaap Increase Decrease In Other Operating Capital Net
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CY2017 us-gaap Increase Decrease In Other Operating Capital Net
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CY2018 us-gaap Increase Decrease In Other Operating Capital Net
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CY2017 us-gaap Increase Decrease In Outstanding Checks Operating Activities
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CY2018 us-gaap Increase Decrease In Outstanding Checks Operating Activities
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CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
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CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2017 us-gaap Interest Costs Capitalized Adjustment
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CY2018 us-gaap Interest Costs Capitalized Adjustment
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CY2017 us-gaap Interest Costs Incurred
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CY2018 us-gaap Interest Costs Incurred
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CY2017 us-gaap Interest Expense
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CY2018 us-gaap Interest Expense
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CY2017 us-gaap Interest Paid Net
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CY2018 us-gaap Interest Paid Net
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CY2018Q4 us-gaap Interest Payable Current
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CY2018Q4 us-gaap Inventory Finished Goods Net Of Reserves
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CY2017Q4 us-gaap Inventory Land Held For Development And Sale
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42000000 USD
CY2018Q4 us-gaap Inventory Land Held For Development And Sale
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CY2018Q4 us-gaap Inventory Net
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CY2018Q4 us-gaap Inventory Raw Materials
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CY2017Q4 us-gaap Inventory Work In Process
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1021000000 USD
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17000000 USD
CY2018 us-gaap Investment Income Interest
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Land
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123000000 USD
CY2017 us-gaap Lease And Rental Expense
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124000000 USD
CY2018 us-gaap Lease And Rental Expense
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133000000 USD
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17000000 USD
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CY2018Q4 us-gaap Liabilities
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CY2018Q4 us-gaap Liabilities And Stockholders Equity
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CY2018Q4 us-gaap Liabilities Current
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2700000000 USD
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations
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2316000000 USD
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2095000000 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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65000000 USD
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229000000 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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10000000 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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4000000 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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4000000 USD
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303000000 USD
CY2018Q4 us-gaap Other Liabilities Noncurrent
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480000000 USD
CY2018Q4 us-gaap Long Term Investments And Receivables Net
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513000000 USD
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1000
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CY2018 us-gaap Net Cash Provided By Used In Financing Activities
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CY2017 us-gaap Net Cash Provided By Used In Investing Activities
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CY2018 us-gaap Net Cash Provided By Used In Investing Activities
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754000000 USD
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826000000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
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938000000 USD
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CY2018 us-gaap Operating Income Loss
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CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
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CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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28000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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37000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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45000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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55000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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8000000 USD
CY2017 us-gaap Operating Leases Rent Expense Contingent Rentals
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10000000 USD
CY2018 us-gaap Operating Leases Rent Expense Contingent Rentals
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19000000 USD
CY2016 us-gaap Operating Leases Rent Expense Minimum Rentals
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115000000 USD
CY2017 us-gaap Operating Leases Rent Expense Minimum Rentals
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114000000 USD
CY2018 us-gaap Operating Leases Rent Expense Minimum Rentals
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CY2018Q4 us-gaap Other Assets Current
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CY2017Q4 us-gaap Other Assets Noncurrent
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CY2018Q4 us-gaap Other Assets Noncurrent
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CY2016 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
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2000000 USD
CY2017 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
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1000000 USD
CY2018 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
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CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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2000000 USD
CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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189000000 USD
CY2018 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
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292000000 USD
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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3000000 USD
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CY2018 us-gaap Payments For Legal Settlements
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21000000 USD
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2000000 USD
CY2018 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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107000000 USD
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2000000 USD
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CY2017 us-gaap Payments For Repurchase Of Common Stock
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CY2018 us-gaap Payments For Repurchase Of Common Stock
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75000000 USD
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35000000 USD
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36000000 USD
CY2016 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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4000000 USD
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10000000 USD
CY2018 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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8000000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
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306000000 USD
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505000000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
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1001000000 USD
CY2017Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
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CY2018Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
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980000000 USD
CY2017Q4 us-gaap Percentage Of Lifo Inventory
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CY2016 us-gaap Proceeds From Issuance Of Common Stock
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482000000 USD
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CY2018 us-gaap Proceeds From Issuance Of Common Stock
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CY2016 us-gaap Proceeds From Issuance Of Long Term Debt
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958000000 USD
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CY2018 us-gaap Proceeds From Issuance Of Long Term Debt
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640000000 USD
CY2016 us-gaap Proceeds From Sale Of Equity Method Investments
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CY2017 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
116000000 USD
CY2018 us-gaap Proceeds From Sale Of Equity Method Investments
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30000000 USD
CY2016 us-gaap Proceeds From Sale Of Productive Assets
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12000000 USD
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5000000 USD
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10000000 USD
CY2016 us-gaap Proceeds From Stock Options Exercised
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35000000 USD
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20000000 USD
CY2018 us-gaap Proceeds From Stock Options Exercised
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35000000 USD
CY2016 us-gaap Profit Loss
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3979000000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
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4280000000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
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4865000000 USD
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1000000 USD
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4000000 USD
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1173000000 USD
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191000000 USD
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162000000 USD
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1093000000 USD
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1127000000 USD
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1299000000 USD
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44000000 USD
CY2018Q4 us-gaap Restricted Cash And Investments
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40000000 USD
CY2016Q4 us-gaap Restricted Cash Current
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0 USD
CY2017Q4 us-gaap Restricted Cash Current
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6000000 USD
CY2018Q4 us-gaap Restricted Cash Current
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3000000 USD
CY2016Q4 us-gaap Restricted Cash Noncurrent
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40000000 USD
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38000000 USD
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37000000 USD
CY2016 us-gaap Restructuring Charges
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122000000 USD
CY2017 us-gaap Restructuring Charges
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31000000 USD
CY2018 us-gaap Restructuring Charges
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CY2016 us-gaap Restructuring Costs And Asset Impairment Charges
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122000000 USD
CY2017 us-gaap Restructuring Costs And Asset Impairment Charges
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31000000 USD
CY2018 us-gaap Restructuring Costs And Asset Impairment Charges
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0 USD
CY2016Q4 us-gaap Restructuring Reserve
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74000000 USD
CY2017Q4 us-gaap Restructuring Reserve
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38000000 USD
CY2018Q4 us-gaap Restructuring Reserve
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17000000 USD
CY2016 us-gaap Restructuring Reserve Accrual Adjustment1
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CY2017 us-gaap Restructuring Reserve Accrual Adjustment1
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-6000000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
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133000000 USD
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
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1212000000 USD
CY2016 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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10261000000 USD
CY2017 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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12250000000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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14178000000 USD
CY2016 us-gaap Revenue From Related Parties
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1216000000 USD
CY2017 us-gaap Revenue From Related Parties
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1204000000 USD
CY2018 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
1420000000 USD
CY2016 us-gaap Revenues
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9045000000 USD
CY2017 us-gaap Revenues
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11046000000 USD
CY2018 us-gaap Revenues
Revenues
12758000000 USD
CY2016 us-gaap Selling General And Administrative Expense
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306000000 USD
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320000000 USD
CY2018 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
336000000 USD
CY2016 us-gaap Severance Costs1
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24000000 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
112864 shares
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
28.99
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
11000000 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
1150895 shares
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
41.65
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1704277 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
2107957 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
21.08
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
30.92
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
581794 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
17000000 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
14000000 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
24.20
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.53
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.57
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.015
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.020
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
2174000 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
28.10
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
13000000 USD
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
11000000 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
27000000 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
72.15
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
324431 shares
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
0 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
1333210 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
647780 shares
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
6.24
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
17.28
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
2000000 USD
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4612940 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2746520 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
28.92
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
27.73
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
2000000 USD
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
2640308 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
27.76
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
22.65
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
14.78
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
36.94
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.00
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2018Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
1000000 USD
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y3M25D
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y0M10D
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P4Y11M1D
CY2016 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
1000000 USD
CY2017 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
-1000000 USD
CY2018 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
-56000000 USD
CY2016 us-gaap Stock Issued1
StockIssued1
32000000 USD
CY2017 us-gaap Stock Issued1
StockIssued1
49000000 USD
CY2018 us-gaap Stock Issued1
StockIssued1
21000000 USD
CY2018 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1541989 shares
CY2016 us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
100000000 USD
CY2017 us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
0 USD
CY2018 us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
0 USD
CY2018Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
300000000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
3320000000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
4202000000 USD
CY2017Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
132000000 USD
CY2018Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
118000000 USD
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
1203344 shares
CY2018Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
2857578 shares
CY2018Q4 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
2760112 shares
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
76000000 USD
CY2018Q4 us-gaap Treasury Stock Value
TreasuryStockValue
78000000 USD
CY2018Q4 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
75000000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
74000000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
72000000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
42000000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
35000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
4000000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
26000000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
2000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
4000000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
3000000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
0 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
0 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
1000000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
6000000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
2000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1000000 USD
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1000000 USD
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
5000000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
6000000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
2000000 USD
CY2018Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Fifth Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFifthAnniversary
296000000 USD
CY2018Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On First Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFirstAnniversary
842000000 USD
CY2018Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Fourth Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFourthAnniversary
310000000 USD
CY2018Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Second Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnSecondAnniversary
484000000 USD
CY2018Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Third Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnThirdAnniversary
310000000 USD
CY2018Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
2824000000 USD
CY2018Q4 us-gaap Unrecorded Unconditional Purchase Obligation Due After Five Years
UnrecordedUnconditionalPurchaseObligationDueAfterFiveYears
582000000 USD
CY2016 us-gaap Unrecorded Unconditional Purchase Obligation Purchases
UnrecordedUnconditionalPurchaseObligationPurchases
457000000 USD
CY2017 us-gaap Unrecorded Unconditional Purchase Obligation Purchases
UnrecordedUnconditionalPurchaseObligationPurchases
576000000 USD
CY2018 us-gaap Unrecorded Unconditional Purchase Obligation Purchases
UnrecordedUnconditionalPurchaseObligationPurchases
600000000 USD
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
156673000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
176520000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
178461000 shares
CY2016 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
156673000 shares
CY2017 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
174793000 shares
CY2018 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
176633000 shares
CY2018Q4 x Accrued Liabilities Administrative And Legal Costs
AccruedLiabilitiesAdministrativeAndLegalCosts
10000000 USD
CY2017Q4 x Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansTax
958000000 USD
CY2018Q4 x Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansTax
991000000 USD
CY2017 x Asset Retirement Obligation Accretion Expense Accrued
AssetRetirementObligationAccretionExpenseAccrued
2000000 USD
CY2018 x Asset Retirement Obligation Accretion Expense Accrued
AssetRetirementObligationAccretionExpenseAccrued
3000000 USD
CY2016 x Change In Accrued Capital Expenditures
ChangeInAccruedCapitalExpenditures
-110000000 USD
CY2017 x Change In Accrued Capital Expenditures
ChangeInAccruedCapitalExpenditures
208000000 USD
CY2018 x Change In Accrued Capital Expenditures
ChangeInAccruedCapitalExpenditures
135000000 USD
CY2018Q3 x Collective Bargaining Agreement Number Of Employees Covered
CollectiveBargainingAgreementNumberOfEmployeesCovered
14000 Employee
CY2018Q4 x Collective Bargaining Agreement Term
CollectiveBargainingAgreementTerm
P4Y
CY2017Q4 x Construction In Process
ConstructionInProcess
576000000 USD
CY2018Q4 x Construction In Process
ConstructionInProcess
706000000 USD
CY2018Q4 x Contractual Property Plant And Equipment Commitments
ContractualPropertyPlantAndEquipmentCommitments
601000000 USD
CY2018 x Costof Emissions Allowances Purchased
CostofEmissionsAllowancesPurchased
118000000
CY2018 x Costof Emissions Allowances Purchased
CostofEmissionsAllowancesPurchased
135000000 USD
CY2018 x Defined Benefit Plan Effect Of One Percentage Point Decrease In Discount Rate On Accumulated Postretirement Benefit Obligation
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseInDiscountRateOnAccumulatedPostretirementBenefitObligation
770000000 USD
CY2018 x Defined Benefit Plan Effect Of One Percentage Point Decrease In Discount Rate On Service And Interest Cost Components
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseInDiscountRateOnServiceAndInterestCostComponents
8000000 USD
CY2018 x Defined Benefit Plan Effect Of One Percentage Point Decrease In Return On Plan Assets On Service And Interest Cost Components
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseInReturnOnPlanAssetsOnServiceAndInterestCostComponents
69000000 USD
CY2018 x Defined Benefit Plan Effect Of One Percentage Point Increase In Discount Rate On Accumulated Postretirement Benefit Obligation
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseInDiscountRateOnAccumulatedPostretirementBenefitObligation
-650000000 USD
CY2018 x Defined Benefit Plan Effect Of One Percentage Point Increase In Discount Rate On Service And Interest Cost Components
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseInDiscountRateOnServiceAndInterestCostComponents
-18000000 USD
CY2018 x Defined Benefit Plan Effect Of One Percentage Point Increase In Return On Plan Assets On Service And Interest Cost Components
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseInReturnOnPlanAssetsOnServiceAndInterestCostComponents
-69000000 USD
CY2016 x Defined Contribution Plan Eligible Amount Contributed Per Hour
DefinedContributionPlanEligibleAmountContributedPerHour
0.50 USD
CY2016 x Effective Income Tax Rate Reconciliation Effectof Tax Reform Amount
EffectiveIncomeTaxRateReconciliationEffectofTaxReformAmount
0 USD
CY2017 x Effective Income Tax Rate Reconciliation Effectof Tax Reform Amount
EffectiveIncomeTaxRateReconciliationEffectofTaxReformAmount
-81000000 USD
CY2018 x Effective Income Tax Rate Reconciliation Effectof Tax Reform Amount
EffectiveIncomeTaxRateReconciliationEffectofTaxReformAmount
0 USD
CY2018 x Effective Income Tax Rate Reconciliation Partial Reversal Of Deferred Tax Assets Valuation Allowance Amount
EffectiveIncomeTaxRateReconciliationPartialReversalOfDeferredTaxAssetsValuationAllowanceAmount
374000000 USD
CY2017 x Effective Tax Rate Reconciliation Reveralof Valulation Allowance Relatedto Amt Credits
EffectiveTaxRateReconciliationReveralofValulationAllowanceRelatedtoAMTCredits
71000000 USD
CY2018Q4 x Emissions Allowances Purchased
EmissionsAllowancesPurchased
11000000 Allowances
CY2016 x Employee Benefits Costs Payments
EmployeeBenefitsCostsPayments
62000000 USD
CY2017 x Employee Benefits Costs Payments
EmployeeBenefitsCostsPayments
16000000 USD
CY2018 x Employee Benefits Costs Payments
EmployeeBenefitsCostsPayments
-77000000 USD
CY2018 x Estimated Shortfallin Emissions Allowances
EstimatedShortfallinEmissionsAllowances
15000000 Allowances
CY2018 x Final Allocationfor Emissions Allowances
FinalAllocationforEmissionsAllowances
48000000 Allowances
CY2016 x Financial Costs Other
FinancialCostsOther
0 USD
CY2017 x Financial Costs Other
FinancialCostsOther
2000000 USD
CY2018 x Financial Costs Other
FinancialCostsOther
3000000 USD
CY2016 x Financial Costsfor Credit Facilities
FinancialCostsforCreditFacilities
3000000 USD
CY2017 x Financial Costsfor Credit Facilities
FinancialCostsforCreditFacilities
3000000 USD
CY2018 x Financial Costsfor Credit Facilities
FinancialCostsforCreditFacilities
3000000 USD
CY2016 x Gainon Equity Investees Transactions
GainonEquityInvesteesTransactions
0 USD
CY2017 x Gainon Equity Investees Transactions
GainonEquityInvesteesTransactions
2000000 USD
CY2018 x Gainon Equity Investees Transactions
GainonEquityInvesteesTransactions
38000000 USD
CY2018 x Income Tax Expense Benefit Reversal Of Valuation Allowance For Current Year Activity
IncomeTaxExpenseBenefitReversalOfValuationAllowanceForCurrentYearActivity
-38000000 USD
CY2017Q4 x Information Technology Assets Gross
InformationTechnologyAssetsGross
782000000 USD
CY2018Q4 x Information Technology Assets Gross
InformationTechnologyAssetsGross
786000000 USD
CY2016 x Interest Income Expense And Other Financial Costs Net
InterestIncomeExpenseAndOtherFinancialCostsNet
-215000000 USD
CY2017 x Interest Income Expense And Other Financial Costs Net
InterestIncomeExpenseAndOtherFinancialCostsNet
-368000000 USD
CY2018 x Interest Income Expense And Other Financial Costs Net
InterestIncomeExpenseAndOtherFinancialCostsNet
-312000000 USD
CY2018 x Labor Agreement Wage Adjustment Per Hour
LaborAgreementWageAdjustmentPerHour
2.65 USD
CY2018Q4 x Labor Agreements Gross Payments
LaborAgreementsGrossPayments
81000000 USD
CY2018Q3 x Labor Agreements Wage Adjustments
LaborAgreementsWageAdjustments
0.04
CY2018Q4 x Leveragedleases Net Investmentin Leveraged Leases Residual Value Liability Recorded
LeveragedleasesNetInvestmentinLeveragedLeasesResidualValueLiabilityRecorded
0 USD
CY2018Q4 x Numberof Commercial Entities
NumberofCommercialEntities
3 Segment
CY2018 x Numberofyearsofprojectedadministrativeandlegalcostsincludedinaccrual
Numberofyearsofprojectedadministrativeandlegalcostsincludedinaccrual
P3Y
CY2017Q4 x Other Machineryand Equipment Gross
OtherMachineryandEquipmentGross
122000000 USD
CY2018Q4 x Other Machineryand Equipment Gross
OtherMachineryandEquipmentGross
123000000 USD
CY2017 x Other Postemployment Benefits Net Periodic Benefit Cost
OtherPostemploymentBenefitsNetPeriodicBenefitCost
22000000 USD
CY2018 x Other Postemployment Benefits Net Periodic Benefit Cost
OtherPostemploymentBenefitsNetPeriodicBenefitCost
10000000 USD
CY2018Q4 x Other Postemployment Plans Future Projected Benefit Cost
OtherPostemploymentPlansFutureProjectedBenefitCost
14000000 USD
CY2017 x Paymentsand Utilizationfor Restructuring
PaymentsandUtilizationforRestructuring
67000000 USD
CY2018 x Paymentsand Utilizationfor Restructuring
PaymentsandUtilizationforRestructuring
21000000 USD
CY2018 x Pension Corridor Percentage
PensionCorridorPercentage
0.10
CY2018 x Portion Of Employees Included In Multiemployer Plan
PortionOfEmployeesIncludedInMultiemployerPlan
three-quarters
CY2018 x Portionof Costsfor Retiree Health Benefits Limitedtoa Per Capital Dollar Maximum
PortionofCostsforRetireeHealthBenefitsLimitedtoaPerCapitalDollarMaximum
three quarters
CY2018 x Portionof Represented Employees Coveredby Spt
PortionofRepresentedEmployeesCoveredbySPT
two-thirds
CY2018 x Portionof Salaried Employeesthat Receive Pension Benefits Througha Defined Contribution Pension Plan
PortionofSalariedEmployeesthatReceivePensionBenefitsThroughaDefinedContributionPensionPlan
three-quarters
CY2017Q4 x Postemployment Benefit Plan Assumption Used Calculating Benefit Obligation Discount Rate
PostemploymentBenefitPlanAssumptionUsedCalculatingBenefitObligationDiscountRate
0.0357
CY2018Q4 x Postemployment Benefit Plan Assumption Used Calculating Benefit Obligation Discount Rate
PostemploymentBenefitPlanAssumptionUsedCalculatingBenefitObligationDiscountRate
0.0436
CY2016 x Proceeds From Issuance Of Revolving Credit Facilities
ProceedsFromIssuanceOfRevolvingCreditFacilities
0 USD
CY2017 x Proceeds From Issuance Of Revolving Credit Facilities
ProceedsFromIssuanceOfRevolvingCreditFacilities
0 USD
CY2018 x Proceeds From Issuance Of Revolving Credit Facilities
ProceedsFromIssuanceOfRevolvingCreditFacilities
228000000 USD
CY2017 x Reclassificationfrom Accumulated Other Comprehensive Income Current Period Netof Tax Saleof Ownership Interestin Equity Method Investee
ReclassificationfromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetofTaxSaleofOwnershipInterestinEquityMethodInvestee
-9000000 USD
CY2017 x Restructuring Reserve Gross Restructuring Charges Before Adjustments
RestructuringReserveGrossRestructuringChargesBeforeAdjustments
37000000 USD
CY2018 x Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Adjustments In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsAdjustmentsInPeriodWeightedAverageGrantDateFairValue
24.95
CY2018 x Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Market And Or Performance Conditions Adjustments In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsMarketAndOrPerformanceConditionsAdjustmentsInPeriod
52557 shares
CY2018 x Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Percentage Adjustments In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsPercentageAdjustmentsInPeriod
1
CY2016 x Share Based Compensation Arrangement By Share Based Payment Award Grant Date Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardGrantDatePrice
14.78
CY2017 x Share Based Compensation Arrangement By Share Based Payment Award Grant Date Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardGrantDatePrice
36.94
CY2016 x Share Based Compensation Expense Per Share Basic
ShareBasedCompensationExpensePerShareBasic
0.14
CY2017 x Share Based Compensation Expense Per Share Basic
ShareBasedCompensationExpensePerShareBasic
0.15
CY2018 x Share Based Compensation Expense Per Share Basic
ShareBasedCompensationExpensePerShareBasic
0.14
CY2016 x Share Based Compensation Expense Per Share Diluted
ShareBasedCompensationExpensePerShareDiluted
0.14
CY2017 x Share Based Compensation Expense Per Share Diluted
ShareBasedCompensationExpensePerShareDiluted
0.15
CY2018 x Share Based Compensation Expense Per Share Diluted
ShareBasedCompensationExpensePerShareDiluted
0.13
CY2017Q4 x Steel Producing Equipment Gross
SteelProducingEquipmentGross
12014000000 USD
CY2018Q4 x Steel Producing Equipment Gross
SteelProducingEquipmentGross
12784000000 USD
CY2017Q4 x Transportation Equipment Gross
TransportationEquipmentGross
239000000 USD
CY2018Q4 x Transportation Equipment Gross
TransportationEquipmentGross
268000000 USD
CY2018 us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">New Accounting Standards</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;padding-left:42px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">In August 2018, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2018-15, </font><font style="font-family:Arial;font-size:10pt;font-style:italic;">Intangibles - Goodwill and Other - Internal Use Software (Subtopic 350-40): Customer's Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract</font><font style="font-family:Arial;font-size:10pt;"> (ASU 2018-15). ASU 2018-15 aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing internal-use software. ASU 2018-15 is effective for annual and interim reporting periods beginning after December 15, 2019, with early adoption permitted. U.&#160;S.&#160;Steel is currently assessing the impact of the ASU but does not believe this ASU will have a material impact on its overall Consolidated Financial Statements. </font></div><div style="line-height:120%;padding-top:12px;text-align:justify;padding-left:42px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">In August 2018, the FASB issued ASU 2018-14, </font><font style="font-family:Arial;font-size:10pt;font-style:italic;">Compensation - Retirement Benefits - Defined Benefit Plans - General (Subtopic 715-20), Disclosure Framework - Changes to the Disclosure Requirements for Defined Benefit Plans</font><font style="font-family:Arial;font-size:10pt;"> (ASU 2018-14). ASU 2018-14 removes certain disclosures that the FASB no longer considers cost beneficial, adds certain disclosure requirements and clarifies others. ASU 2018-14 is effective for public companies for fiscal years beginning after December 15, 2020, with early adoption permitted. U. S. Steel is currently assessing the impact of the ASU on its defined benefit plan disclosures. </font></div><div style="line-height:120%;text-align:justify;padding-left:42px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;padding-left:42px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">In June 2016, the FASB issued ASU 2016-13,&#160;</font><font style="font-family:Arial;font-size:10pt;font-style:italic;">Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments</font><font style="font-family:Arial;font-size:10pt;"> (ASU 2016-13), which adds an impairment model that is based on expected losses rather than incurred losses. Under ASU 2016-13, an entity recognizes as an allowance its estimate of expected credit losses, which the FASB believes will result in more timely recognition of such losses. ASU 2016-13 is effective for public companies for fiscal years beginning after December 15, 2019 including interim reporting periods, with early adoption permitted. U. S. Steel is currently assessing the impact of the ASU, but does not believe this ASU will have a material impact on its overall Consolidated Financial Statements. </font></div><div style="line-height:120%;padding-top:12px;text-align:justify;padding-left:42px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">In February 2016, the FASB issued ASU 2016-02, </font><font style="font-family:Arial;font-size:10pt;font-style:italic;">Leases</font><font style="font-family:Arial;font-size:10pt;"> (ASU 2016-02). ASU 2016-02 supersedes prior lease accounting guidance. Under ASU 2016-02, for operating leases, a lessee should recognize in its statement of financial position a liability to make lease payments and a right-of-use asset representing its right to use the underlying asset for the lease term; recognize a single lease cost, which is allocated over the lease term, generally on a straight line basis, and classify all cash payments within operating activities in the statement of cash flows. For financing leases, a lessee is required to recognize a right-of-use asset and a lease liability; recognize interest on the lease liability separately from amortization of the right-of-use asset, and classify repayments of the principal portion of the lease liability within financing activities and payments of interest on the lease liability within operating activities in the statement of cash flows. For leases with a term of 12 months or less, a lessee is permitted to make an accounting policy election not to recognize lease assets and lease liabilities. In addition, at the inception of a contract, an entity should determine whether the contract is or contains a lease. ASU 2016-02 is effective for public entities for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. In July 2018, the FASB issued ASU 2018-11, </font><font style="font-family:Arial;font-size:10pt;font-style:italic;">Leases (Topic 842) - Targeted Improvements</font><font style="font-family:Arial;font-size:10pt;"> (ASU 2018-11), which provides an option to use a modified retrospective transition method at the adoption date. U. S. Steel will adopt the new lease accounting standard at the adoption date using the optional modified retrospective transition method outlined in ASU 2018-11. We anticipate that the impact of adoption will result in an insignificant cumulative effect of adoption and the recognition of a right of use asset and total operating lease liability in the range of </font><font style="font-family:Arial;font-size:10pt;">$230 million</font><font style="font-family:Arial;font-size:10pt;"> to </font><font style="font-family:Arial;font-size:10pt;">$250 million</font><font style="font-family:Arial;font-size:10pt;">.</font></div></div>
CY2018 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;padding-left:36px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;">Reclassifications and Adjustments</font></div><div style="line-height:120%;text-align:justify;padding-left:36px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Certain reclassifications of prior years' data have been made to conform to the current year presentation including the following:</font></div><div style="line-height:120%;text-align:justify;padding-left:36px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;padding-left:36px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">U. S. Steel reclassified certain prior year data as a result of the retrospective adoption on January 1, 2018 of ASU 2016-18, </font><font style="font-family:Arial;font-size:10pt;font-style:italic;">Statement of Cash Flows (Topic 230): Restricted Cash, </font><font style="font-family:Arial;font-size:10pt;">ASU 2016-15, </font><font style="font-family:Arial;font-size:10pt;font-style:italic;">Statement of Cash Flows: Classification of Certain Cash Receipts and Cash Payments </font><font style="font-family:Arial;font-size:10pt;">and</font><font style="font-family:Arial;font-size:10pt;font-style:italic;"> </font><font style="font-family:Arial;font-size:10pt;">ASU 2017-07, </font><font style="font-family:Arial;font-size:10pt;font-style:italic;">Compensation - Retirement Benefits</font><font style="font-family:Arial;font-size:10pt;">. See Note 3 for further details. </font></div></div>
CY2018 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;padding-left:36px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;">Use of estimates</font></div><div style="line-height:120%;text-align:justify;padding-left:36px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Generally accepted accounting principles require management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at year-end and the reported amounts of revenues and expenses during the year. Significant items subject to such estimates and assumptions include the carrying value of property, plant and equipment; intangible assets; valuation allowances for receivables, inventories and deferred income tax assets and liabilities; environmental liabilities; liabilities for potential tax deficiencies; potential litigation claims and settlements; and assets and obligations related to employee benefits. Actual results could differ materially from the estimates and assumptions used.</font></div></div>

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