2017 Form 10-K Financial Statement

#000116600318000022 Filed on February 12, 2018

View on sec.gov

Income Statement

Concept 2017 2016 Q4 2016
Revenue $15.38B $3.677B $14.62B
YoY Change 5.21% 10.0% 91.77%
Cost Of Revenue $8.132B $1.960B $7.887B
YoY Change 3.11% 9.75% 89.09%
Gross Profit $7.249B $1.716B $6.732B
YoY Change 7.68% 10.27% 95.02%
Gross Profit Margin 47.13% 46.67% 46.05%
Selling, General & Admin $1.661B $427.3M $1.478B
YoY Change 12.38% 3.29% 61.88%
% of Gross Profit 22.91% 24.9% 21.95%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $488.0M $157.6M $466.0M
YoY Change 4.72% -8.9% 129.56%
% of Gross Profit 6.73% 9.18% 6.92%
Operating Expenses $14.80B $1.654B $14.16B
YoY Change 4.55% -51.08% 84.99%
Operating Profit $582.0M $86.60M $464.0M
YoY Change 25.43% -327.89% -1722.38%
Interest Expense $284.0M -$35.70M $361.0M
YoY Change -21.33% -137.23% 66.59%
% of Operating Profit 48.8% -41.22% 77.8%
Other Income/Expense, Net $57.00M $24.60M $34.00M
YoY Change 67.65% 2975.0% 347.37%
Pretax Income $278.0M $34.60M -$70.00M
YoY Change -497.14% -126.07% -77.1%
Income Tax -$99.00M $2.000M $22.00M
% Of Pretax Income -35.61% 5.78%
Net Earnings $340.0M $32.10M $69.00M
YoY Change 392.75% -150.87% -136.11%
Net Earnings / Revenue 2.21% 0.87% 0.47%
Basic Earnings Per Share $2.72 $0.25 $0.57
Diluted Earnings Per Share $2.45 $0.22 $0.53
COMMON SHARES
Basic Shares Outstanding 115.0M shares 110.8M shares 110.0M shares
Diluted Shares Outstanding 128.0M shares 123.0M shares

Balance Sheet

Concept 2017 2016 Q4 2016
SHORT-TERM ASSETS
Cash & Short-Term Investments $397.0M $373.0M $373.0M
YoY Change 6.43% 28.62% 28.62%
Cash & Equivalents $397.0M $373.4M $373.0M
Short-Term Investments
Other Short-Term Assets $466.0M $386.9M $256.0M
YoY Change 82.03% -3.52% 37.63%
Inventory $40.00M $40.00M
Prepaid Expenses $110.5M
Receivables $2.725B $2.313B $2.313B
Other Receivables $0.00 $126.3M $92.00M
Total Short-Term Assets $3.588B $3.074B $3.074B
YoY Change 16.72% 3.94% 3.96%
LONG-TERM ASSETS
Property, Plant & Equipment $2.664B $2.537B $2.537B
YoY Change 5.01% -11.04% -11.04%
Goodwill $4.326B
YoY Change -6.17%
Intangibles $1.535B
YoY Change -18.21%
Long-Term Investments
YoY Change
Other Assets $351.0M $226.9M $227.0M
YoY Change 54.63% -2.66% -34.58%
Total Long-Term Assets $9.014B $8.625B $8.624B
YoY Change 4.52% -10.96% -10.96%
TOTAL ASSETS
Total Short-Term Assets $3.588B $3.074B $3.074B
Total Long-Term Assets $9.014B $8.625B $8.624B
Total Assets $12.60B $11.70B $11.70B
YoY Change 7.73% -7.47% -7.47%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.251B $1.056B $1.056B
YoY Change 18.47% -0.7% -0.75%
Accrued Expenses $1.526B $1.308B $1.308B
YoY Change 16.67% 6.69% 6.69%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $11.00M $11.00M
YoY Change -100.0%
Long-Term Debt Due $104.0M $136.5M $137.0M
YoY Change -24.09% 0.89% 1.48%
Total Short-Term Liabilities $2.997B $2.732B $2.732B
YoY Change 9.7% 1.38% 1.41%
LONG-TERM LIABILITIES
Long-Term Debt $4.418B $4.732B $4.732B
YoY Change -6.64% -10.26% -10.26%
Other Long-Term Liabilities $758.0M $373.9M $625.0M
YoY Change 21.28% 1.19% -8.36%
Total Long-Term Liabilities $5.176B $5.929B $5.357B
YoY Change -3.38% -13.92% -10.04%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.997B $2.732B $2.732B
Total Long-Term Liabilities $5.176B $5.929B $5.357B
Total Liabilities $8.997B $8.661B $8.998B
YoY Change -0.01% -9.62% -9.35%
SHAREHOLDERS EQUITY
Retained Earnings -$392.9M
YoY Change -15.51%
Common Stock $100.0K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.604B $2.700B $2.700B
YoY Change
Total Liabilities & Shareholders Equity $12.60B $11.70B $11.70B
YoY Change 7.73% -7.47% -7.47%

Cashflow Statement

Concept 2017 2016 Q4 2016
OPERATING ACTIVITIES
Net Income $340.0M $32.10M $69.00M
YoY Change 392.75% -150.87% -136.11%
Depreciation, Depletion And Amortization $488.0M $157.6M $466.0M
YoY Change 4.72% -8.9% 129.56%
Cash From Operating Activities $785.0M $217.4M $622.0M
YoY Change 26.21% 322.96% 585.02%
INVESTING ACTIVITIES
Capital Expenditures $504.0M -$164.5M $483.0M
YoY Change 4.35% 22.21% 93.98%
Acquisitions $0.00 $0.00
YoY Change -100.0%
Other Investing Activities $0.00 $558.5M -$8.000M
YoY Change -100.0% -124.76%
Cash From Investing Activities -$386.0M $394.0M $142.0M
YoY Change -371.83% -116.48% -103.48%
FINANCING ACTIVITIES
Cash Dividend Paid $7.000M $5.000M
YoY Change 40.0%
Common Stock Issuance & Retirement, Net -$288.0M $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$366.0M -597.7M -$681.0M
YoY Change -46.26% -144.51% -118.68%
NET CHANGE
Cash From Operating Activities $785.0M 217.4M $622.0M
Cash From Investing Activities -$386.0M 394.0M $142.0M
Cash From Financing Activities -$366.0M -597.7M -$681.0M
Net Change In Cash $49.00M 13.70M $79.00M
YoY Change -37.97% -101.38% -101.98%
FREE CASH FLOW
Cash From Operating Activities $785.0M $217.4M $622.0M
Capital Expenditures $504.0M -$164.5M $483.0M
Free Cash Flow $281.0M $381.9M $139.0M
YoY Change 102.16% 105.32% -187.86%

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63500000 USD
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115800000 USD
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65400000 USD
CY2016Q4 us-gaap Deferred Tax Assets Valuation Allowance
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83100000 USD
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance
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92600000 USD
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569700000 USD
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411100000 USD
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515700000 USD
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371300000 USD
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392700000 USD
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255000000 USD
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60600000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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37900000 USD
CY2017Q4 us-gaap Defined Benefit Plan Expected Amortization Next Fiscal Year
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1600000 USD
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13000000 USD
CY2016 us-gaap Defined Contribution Plan Cost Recognized
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59100000 USD
CY2017 us-gaap Defined Contribution Plan Cost Recognized
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61700000 USD
CY2015 us-gaap Depreciation And Amortization
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364900000 USD
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643400000 USD
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658400000 USD
CY2015 us-gaap Depreciation Depletion And Amortization
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203000000 USD
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466000000 USD
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487700000 USD
CY2016Q4 us-gaap Derivative Fair Value Of Derivative Asset
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57500000 USD
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Asset
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2200000 USD
CY2016Q4 us-gaap Derivative Fair Value Of Derivative Liability
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16000000 USD
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Liability
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161900000 USD
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8200000 USD
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8200000 USD
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3300000 USD
CY2015 us-gaap Direct Operating Costs
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2367000000 USD
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4594100000 USD
CY2017 us-gaap Direct Operating Costs
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4972300000 USD
CY2015 us-gaap Dividends Cash
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2800000 USD
CY2016 us-gaap Dividends Cash
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6100000 USD
CY2017 us-gaap Dividends Cash
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6900000 USD
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-2.65
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0.57
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2.72
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0.53
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2.45
CY2015 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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-4600000 USD
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16000000 USD
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
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0.322
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0.209
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-0.382
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
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0.35
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
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0.000
CY2016 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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0.112
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0.008
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0.000
CY2016 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
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-0.123
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
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-0.702
CY2015 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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0.019
CY2016 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.132
CY2017 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.067
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-0.020
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-0.022
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0.024
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0.022
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0.048
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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-0.012
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0.002
CY2016 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
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-0.001
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
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0.051
CY2015 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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0 USD
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5600000 USD
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7900000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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160400000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
377100000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
559500000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
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702400000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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130300000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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140300000 USD
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147900000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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154000000 USD
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40300000 USD
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39700000 USD
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0 USD
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237800000 USD
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0 USD
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135800000 USD
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0 USD
CY2016 us-gaap Impairment Of Intangible Assets Excluding Goodwill
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0 USD
CY2017 us-gaap Impairment Of Intangible Assets Excluding Goodwill
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0 USD
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278200000 USD
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23200000 USD
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176600000 USD
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106800000 USD
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260700000 USD
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22300000 USD
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14500000 USD
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40700000 USD
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78500000 USD
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1700000 USD
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140100000 USD
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153700000 USD
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320100000 USD
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43500000 USD
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800000 USD
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35300000 USD
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78700000 USD
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0 shares
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3100000 shares
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216700000 USD
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361100000 USD
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284300000 USD
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0 USD
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1400000 USD
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1000000 USD
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363100000 USD
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274200000 USD
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12601600000 USD
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2731600000 USD
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2997100000 USD
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5929200000 USD
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5594500000 USD
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136500000 USD
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103700000 USD
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4816100000 USD
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836200000 USD
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61000000 USD
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1600600000 USD
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22700000 USD
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142000000 USD
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90800000 USD
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625400000 USD
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798600000 USD
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69000000 USD
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340200000 USD
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15500000 USD
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20000000 USD
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63100000 USD
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312400000 USD
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64500000 USD
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313400000 USD
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30100000 USD
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2600000 USD
CY2017 us-gaap Number Of Reportable Segments
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2 segment
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7651800000 USD
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14131300000 USD
CY2017 us-gaap Operating Expenses
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14757600000 USD
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CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
488100000 USD
CY2017 us-gaap Operating Income Loss
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623200000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due
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1978500000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Current
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517900000 USD
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168200000 USD
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220300000 USD
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291300000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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385000000 USD
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395800000 USD
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412100000 USD
CY2016 us-gaap Operating Leases Rent Expense Net
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677200000 USD
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716300000 USD
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386900000 USD
CY2017Q4 us-gaap Other Assets Current
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465700000 USD
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1382100000 USD
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1525800000 USD
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226900000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
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351100000 USD
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0 USD
CY2016 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
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0 USD
CY2017 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
46900000 USD
CY2015 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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6900000 USD
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CY2015 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
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2200000 USD
CY2016 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
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100000 USD
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CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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179900000 USD
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274400000 USD
CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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9800000 USD
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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3700000 USD
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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28600000 USD
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4700000 USD
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89800000 USD
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156700000 USD
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116900000 USD
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373900000 USD
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596100000 USD
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-7400000 USD
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7600000 USD
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9200000 USD
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15400000 USD
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9700000 USD
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PaymentsForDerivativeInstrumentInvestingActivities
0 USD
CY2017 us-gaap Payments For Derivative Instrument Investing Activities
PaymentsForDerivativeInstrumentInvestingActivities
0 USD
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PaymentsForProceedsFromOtherInvestingActivities
0 USD
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PaymentsForProceedsFromOtherInvestingActivities
0 USD
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62800000 USD
CY2017 us-gaap Payments For Restructuring
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39500000 USD
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42900000 USD
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PaymentsOfDebtIssuanceCosts
25800000 USD
CY2017 us-gaap Payments Of Debt Issuance Costs
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16800000 USD
CY2015 us-gaap Payments Of Ordinary Dividends
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2800000 USD
CY2016 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
5400000 USD
CY2017 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
6600000 USD
CY2015 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
31900000 USD
CY2016 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
CY2017 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
CY2015 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 USD
CY2016 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
11100000 USD
CY2017 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
16600000 USD
CY2015 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
3887000000 USD
CY2016 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
249000000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
483400000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
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503800000 USD
CY2015 us-gaap Payments To Minority Shareholders
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459700000 USD
CY2016 us-gaap Payments To Minority Shareholders
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1400000 USD
CY2017 us-gaap Payments To Minority Shareholders
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0 USD
CY2016Q4 us-gaap Postemployment Benefits Liability Noncurrent
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251400000 USD
CY2017Q4 us-gaap Postemployment Benefits Liability Noncurrent
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162100000 USD
CY2015 us-gaap Preferred Stock Conversions Inducements
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52000000 USD
CY2016 us-gaap Preferred Stock Conversions Inducements
PreferredStockConversionsInducements
0 USD
CY2017 us-gaap Preferred Stock Conversions Inducements
PreferredStockConversionsInducements
0 USD
CY2015 us-gaap Preferred Stock Dividends Income Statement Impact
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2800000 USD
CY2016 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
2900000 USD
CY2017 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
2900000 USD
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2016Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
70000 shares
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
70000 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
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70000 shares
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
70000 shares
CY2016Q4 us-gaap Preferred Stock Value
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41600000 USD
CY2017Q4 us-gaap Preferred Stock Value
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41200000 USD
CY2015 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
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0 USD
CY2016 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
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547700000 USD
CY2017 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
0 USD
CY2015 us-gaap Proceeds From Issuance Of Senior Long Term Debt
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4151800000 USD
CY2016 us-gaap Proceeds From Issuance Of Senior Long Term Debt
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1377800000 USD
CY2017 us-gaap Proceeds From Issuance Of Senior Long Term Debt
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819200000 USD
CY2015 us-gaap Proceeds From Issuance Or Sale Of Equity
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1260000000 USD
CY2016 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
0 USD
CY2017 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
287600000 USD
CY2015 us-gaap Proceeds From Lines Of Credit
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0 USD
CY2016 us-gaap Proceeds From Lines Of Credit
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360000000 USD
CY2015 us-gaap Proceeds From Payments For Other Financing Activities
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-1700000 USD
CY2017 us-gaap Proceeds From Lines Of Credit
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995000000 USD
CY2016 us-gaap Proceeds From Payments For Other Financing Activities
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12200000 USD
CY2017 us-gaap Proceeds From Payments For Other Financing Activities
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-7400000 USD
CY2015 us-gaap Proceeds From Repayments Of Bank Overdrafts
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CY2016 us-gaap Proceeds From Repayments Of Bank Overdrafts
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-16500000 USD
CY2017 us-gaap Proceeds From Repayments Of Bank Overdrafts
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CY2015 us-gaap Proceeds From Sales Of Assets Investing Activities
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60300000 USD
CY2016 us-gaap Proceeds From Sales Of Assets Investing Activities
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68900000 USD
CY2017 us-gaap Proceeds From Sales Of Assets Investing Activities
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79100000 USD
CY2015 us-gaap Profit Loss
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-191600000 USD
CY2016 us-gaap Profit Loss
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84500000 USD
CY2017 us-gaap Profit Loss
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360200000 USD
CY2016Q4 us-gaap Property Plant And Equipment Gross
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3127300000 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
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3773200000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2537400000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2663700000 USD
CY2015 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
12900000 USD
CY2016 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
15100000 USD
CY2017 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
23900000 USD
CY2015 us-gaap Repayments Of Lines Of Credit
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0 USD
CY2016 us-gaap Repayments Of Lines Of Credit
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330000000 USD
CY2017 us-gaap Repayments Of Lines Of Credit
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925000000 USD
CY2015 us-gaap Repayments Of Long Term Debt And Capital Securities
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1215600000 USD
CY2016 us-gaap Repayments Of Long Term Debt And Capital Securities
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151400000 USD
CY2017 us-gaap Repayments Of Long Term Debt And Capital Securities
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106400000 USD
CY2016 us-gaap Restructuring Charges
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27500000 USD
CY2017 us-gaap Restructuring Charges
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33600000 USD
CY2015Q4 us-gaap Restructuring Reserve
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61200000 USD
CY2016Q4 us-gaap Restructuring Reserve
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25200000 USD
CY2017Q4 us-gaap Restructuring Reserve
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20900000 USD
CY2016 us-gaap Restructuring Reserve Translation Adjustment
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700000 USD
CY2017 us-gaap Restructuring Reserve Translation Adjustment
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-1600000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
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-392900000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
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-42600000 USD
CY2015 us-gaap Revenues
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7623200000 USD
CY2016 us-gaap Revenues
Revenues
14619400000 USD
CY2017 us-gaap Revenues
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15380800000 USD
CY2017Q3 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
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11000000 shares
CY2015 us-gaap Share Based Compensation
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27900000 USD
CY2016 us-gaap Share Based Compensation
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54500000 USD
CY2017 us-gaap Share Based Compensation
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79200000 USD
CY2015 us-gaap Shipping Handling And Transportation Costs
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4171400000 USD
CY2016 us-gaap Shipping Handling And Transportation Costs
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7886000000 USD
CY2017 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
8128800000 USD
CY2017 us-gaap Stock Issued During Period Shares New Issues
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5000000 shares
CY2015 us-gaap Stock Issued During Period Value Acquisitions
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1500000 USD
CY2015 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
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55600000 USD
CY2016 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
2800000 USD
CY2017 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
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49500000 USD
CY2015 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
679600000 USD
CY2017 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
287600000 USD
CY2015 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
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17600000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
2700000000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
3604400000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1655100000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3060800000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3037600000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4010000000 USD
CY2015 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
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0 USD
CY2016 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
3000000 USD
CY2017 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
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24900000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits
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6200000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
11500000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
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14600000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
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25000000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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4600000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
4800000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
5200000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
6100000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
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10300000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
0 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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500000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
100000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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2400000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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200000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
600000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
16800000 USD
CY2015 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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1500000 USD
CY2016 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
7900000 USD
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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8800000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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8100000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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11400000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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22800000 USD
CY2017 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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9500000 USD
CY2015 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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0 shares
CY2016 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
9500000 shares
CY2017 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
10900000 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
92800000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
122800000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
127800000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
92800000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
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110200000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
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114900000 shares
CY2016Q4 xpo Accrued Transportation And Facility Charges Current
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266900000 USD
CY2017Q4 xpo Accrued Transportation And Facility Charges Current
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437700000 USD
CY2016Q4 xpo Accrued Value Added Taxand Other Taxes Current
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145500000 USD
CY2017Q4 xpo Accrued Value Added Taxand Other Taxes Current
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176200000 USD
CY2015 xpo Effective Income Tax Rate Reconciliation Excess Tax Benefit Percent
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0.000
CY2016 xpo Effective Income Tax Rate Reconciliation Excess Tax Benefit Percent
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-0.047
CY2017 xpo Effective Income Tax Rate Reconciliation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationExcessTaxBenefitPercent
-0.033
CY2015 xpo Effective Income Tax Rate Reconciliation Foreign Operations
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-0.051
CY2016 xpo Effective Income Tax Rate Reconciliation Foreign Operations
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0.024
CY2017 xpo Effective Income Tax Rate Reconciliation Foreign Operations
EffectiveIncomeTaxRateReconciliationForeignOperations
-0.001
CY2017Q4 xpo Employee Stock Purchase Plan Minimum Holding Period
EmployeeStockPurchasePlanMinimumHoldingPeriod
P3M
CY2017Q4 xpo Employee Stock Purchase Plan Number Of Shares Authorized For Issuance
EmployeeStockPurchasePlanNumberOfSharesAuthorizedForIssuance
2000000 shares
CY2017 xpo Gain Loss On Conversion Of Debt
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-500000 USD
CY2015 xpo Gain Loss On Extinguishment Of Debt Non Cash
GainLossOnExtinguishmentOfDebtNonCash
0 USD
CY2016 xpo Gain Loss On Extinguishment Of Debt Non Cash
GainLossOnExtinguishmentOfDebtNonCash
-69700000 USD
CY2017 xpo Gain Loss On Extinguishment Of Debt Non Cash
GainLossOnExtinguishmentOfDebtNonCash
-36100000 USD
CY2016 xpo Goodwill Adjustments Due To Litigation Liability
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85900000 USD
CY2016Q4 xpo Longterm Debt Gross Current Maturities
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138900000 USD
CY2017Q4 xpo Longterm Debt Gross Current Maturities
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103700000 USD
CY2015 xpo Noncontrolling Interest Increasefrom Transferof Redeemable Noncontrolling Interest Including Redemption Value Adjustment
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324600000 USD
CY2017 xpo Numberof Reportable Segments Subject To Goodwill Test
NumberofReportableSegmentsSubjectToGoodwillTest
6 segment
CY2016Q4 xpo Other Accrued Expenses Current
OtherAccruedExpensesCurrent
398800000 USD
CY2017Q4 xpo Other Accrued Expenses Current
OtherAccruedExpensesCurrent
331300000 USD
CY2015 xpo Payments For Repurchase Of Debt
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0 USD
CY2016 xpo Payments For Repurchase Of Debt
PaymentsForRepurchaseOfDebt
1889200000 USD
CY2017 xpo Payments For Repurchase Of Debt
PaymentsForRepurchaseOfDebt
1386600000 USD
CY2015 xpo Preferred Stock Issued During Period Value New Shares
PreferredStockIssuedDuringPeriodValueNewShares
548500000 USD
CY2017Q3 xpo Saleof Stock Forward Sale Agreement Expected Closing Period After Stock Offering
SaleofStockForwardSaleAgreementExpectedClosingPeriodAfterStockOffering
P1Y
CY2015 xpo Stock Issued During Period Value Sharebased Compensation Exercisedand Vested
StockIssuedDuringPeriodValueSharebasedCompensationExercisedandVested
2900000 USD
CY2016 xpo Stock Issued During Period Value Sharebased Compensation Exercisedand Vested
StockIssuedDuringPeriodValueSharebasedCompensationExercisedandVested
9600000 USD
CY2017 xpo Stock Issued During Period Value Sharebased Compensation Exercisedand Vested
StockIssuedDuringPeriodValueSharebasedCompensationExercisedandVested
1400000 USD
CY2017 xpo Tax Cuts And Jobs Act Of2017 Incomplete Accounting Provisional Income Tax Expense Benefit
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-173100000 USD
CY2017 xpo Tax Cuts And Jobs Act Of2017 Reclassification From Aoci To Retained Earnings
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0 USD
CY2015Q4 xpo Unrecognized Tax Benefits And Unrecognized Tax Benefits Income Tax Penaltiesand Interest Accrued
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16100000 USD
CY2016Q4 xpo Unrecognized Tax Benefits And Unrecognized Tax Benefits Income Tax Penaltiesand Interest Accrued
UnrecognizedTaxBenefitsAndUnrecognizedTaxBenefitsIncomeTaxPenaltiesandInterestAccrued
19400000 USD
CY2017Q4 xpo Unrecognized Tax Benefits And Unrecognized Tax Benefits Income Tax Penaltiesand Interest Accrued
UnrecognizedTaxBenefitsAndUnrecognizedTaxBenefitsIncomeTaxPenaltiesandInterestAccrued
30200000 USD
CY2017 us-gaap Advertising Cost Policy Expensed Advertising Cost
AdvertisingCostPolicyExpensedAdvertisingCost
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:0px;padding-top:12px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:italic;font-weight:bold;">Advertising Costs</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:8px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">Advertising costs are expensed as incurred.</font></div></div>

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