10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001193125-12-218090 |
| Period End Date | 20120331 |
| Filing Date | 20120508 |
| Fiscal Year | 2012 |
| Fiscal Period | Q1 |
| XBRL Instance | nov-20120331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
76 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
423.90M | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
426.18M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
423.90M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$3.39B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$3.33B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$3.06B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$3.54B | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
426.18M | shares | Point-in-time |
| Receivables, net |
ReceivablesNetCurrent
|
$3.29B | USD | Point-in-time |
| Receivables, net |
ReceivablesNetCurrent
|
$3.33B | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$4.03B | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$4.53B | USD | Point-in-time |
| Costs in excess of billings |
CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear
|
$593.00M | USD | Point-in-time |
| Costs in excess of billings |
CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear
|
$810.00M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetCurrent
|
$336.00M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetCurrent
|
$352.00M | USD | Point-in-time |
| Prepaid and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$325.00M | USD | Point-in-time |
| Prepaid and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$426.00M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$12.84B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$12.11B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$2.44B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$2.53B | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetNoncurrent
|
$267.00M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetNoncurrent
|
$204.00M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$6.15B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$6.21B | USD | Point-in-time |
| Intangibles, net |
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
$4.00B | USD | Point-in-time |
| Intangibles, net |
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
$4.07B | USD | Point-in-time |
| Investment in unconsolidated affiliates |
EquityMethodInvestments
|
$409.00M | USD | Point-in-time |
| Investment in unconsolidated affiliates |
EquityMethodInvestments
|
$391.00M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$78.00M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$97.00M | USD | Point-in-time |
| Total assets |
Assets
|
$25.52B | USD | Point-in-time |
| Total assets |
Assets
|
$26.29B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$1.01B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$901.00M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$2.38B | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$2.17B | USD | Point-in-time |
| Billings in excess of costs |
BillingsInExcessOfCost
|
$865.00M | USD | Point-in-time |
| Billings in excess of costs |
BillingsInExcessOfCost
|
$965.00M | USD | Point-in-time |
| Current portion of long-term debt and short-term borrowings |
DebtCurrent
|
$351.00M | USD | Point-in-time |
| Current portion of long-term debt and short-term borrowings |
DebtCurrent
|
$351.00M | USD | Point-in-time |
| Accrued income taxes |
AccruedIncomeTaxesCurrent
|
$709.00M | USD | Point-in-time |
| Accrued income taxes |
AccruedIncomeTaxesCurrent
|
$649.00M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesCurrent
|
$214.00M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesCurrent
|
$299.00M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$5.45B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$5.42B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$159.00M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$159.00M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$1.85B | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$1.85B | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$316.00M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$360.00M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$7.77B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$7.79B | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock - par value $.01; 426,184,373 and 423,900,601 shares issued and outstanding at March 31, 2012 and December 31, 2011 |
CommonStockValue
|
$4.00M | USD | Point-in-time |
| Common stock - par value $.01; 426,184,373 and 423,900,601 shares issued and outstanding at March 31, 2012 and December 31, 2011 |
CommonStockValue
|
$4.00M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$8.65B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$8.54B | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$104.00M | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-23.00M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$9.10B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$9.66B | USD | Point-in-time |
| Total Company stockholders' equity |
StockholdersEquity
|
$17.62B | USD | Point-in-time |
| Total Company stockholders' equity |
StockholdersEquity
|
$18.42B | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$104.00M | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$109.00M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$18.52B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$17.73B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$26.29B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$25.52B | USD | Point-in-time |
Income Statement
38 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenue |
SalesRevenueNet
|
$3.15B | USD | 1 Quarter |
| Revenue |
SalesRevenueNet
|
$4.30B | USD | 1 Quarter |
| Cost of revenue |
CostOfGoodsAndServicesSold
|
$3.04B | USD | 1 Quarter |
| Cost of revenue |
CostOfGoodsAndServicesSold
|
$2.17B | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$1.27B | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$975.00M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$390.00M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$366.00M | USD | 1 Quarter |
| Operating profit |
OperatingIncomeLoss
|
$877.00M | USD | 1 Quarter |
| Operating profit |
OperatingIncomeLoss
|
$609.00M | USD | 1 Quarter |
| Interest and financial costs |
InterestExpense
|
$14.00M | USD | 1 Quarter |
| Interest and financial costs |
InterestExpense
|
$8.00M | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$3.00M | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$4.00M | USD | 1 Quarter |
| Equity income in unconsolidated affiliates |
IncomeLossFromEquityMethodInvestments
|
$13.00M | USD | 1 Quarter |
| Equity income in unconsolidated affiliates |
IncomeLossFromEquityMethodInvestments
|
$17.00M | USD | 1 Quarter |
| Other income (expense), net |
OtherNonoperatingIncomeExpense
|
$-16.00M | USD | 1 Quarter |
| Other income (expense), net |
OtherNonoperatingIncomeExpense
|
$-19.00M | USD | 1 Quarter |
| Income before income taxes |
IncomeBeforeIncomeTaxes
|
$593.00M | USD | 1 Quarter |
| Income before income taxes |
IncomeBeforeIncomeTaxes
|
$873.00M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$189.00M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$269.00M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$404.00M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$604.00M | USD | 1 Quarter |
| Net loss attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$-2.00M | USD | 1 Quarter |
| Net loss attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$-3.00M | USD | 1 Quarter |
| Net income attributable to Company |
NetIncomeLoss
|
$407.00M | USD | 1 Quarter |
| Net income attributable to Company |
NetIncomeLoss
|
$606.00M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$1.43 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.97 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$1.42 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.96 | USD | 1 Quarter |
| Cash dividends per share |
CommonStockDividendsPerShareCashPaid
|
$0.11 | USD | 1 Quarter |
| Cash dividends per share |
CommonStockDividendsPerShareCashPaid
|
$0.12 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
423.00M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
420.00M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
423.00M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
426.00M | shares | 1 Quarter |
Cash Flow Statement
59 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$404.00M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$604.00M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$148.00M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$135.00M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxesAndTaxCredits
|
$95.00M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxesAndTaxCredits
|
$119.00M | USD | 1 Quarter |
| Equity income in unconsolidated affiliates |
IncomeLossFromEquityMethodInvestments
|
$13.00M | USD | 1 Quarter |
| Equity income in unconsolidated affiliates |
IncomeLossFromEquityMethodInvestments
|
$17.00M | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$-12.00M | USD | 1 Quarter |
| Receivables |
IncreaseDecreaseInAccountsReceivable
|
$40.00M | USD | 1 Quarter |
| Receivables |
IncreaseDecreaseInAccountsReceivable
|
$321.00M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$200.00M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$492.00M | USD | 1 Quarter |
| Costs in excess of billings |
CostsInExcessOfBillings
|
$-217.00M | USD | 1 Quarter |
| Costs in excess of billings |
CostsInExcessOfBillings
|
$70.00M | USD | 1 Quarter |
| Prepaid and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$99.00M | USD | 1 Quarter |
| Prepaid and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$51.00M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$102.00M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$15.00M | USD | 1 Quarter |
| Billings in excess of costs |
BillingsInExcessOfCosts
|
$-100.00M | USD | 1 Quarter |
| Billings in excess of costs |
BillingsInExcessOfCosts
|
$-60.00M | USD | 1 Quarter |
| Other assets/liabilities, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$272.00M | USD | 1 Quarter |
| Other assets/liabilities, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$231.00M | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-64.00M | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-25.00M | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$113.00M | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$79.00M | USD | 1 Quarter |
| Business acquisitions, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$58.00M | USD | 1 Quarter |
| Business acquisitions, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$51.00M | USD | 1 Quarter |
| Other |
PaymentsForProceedsFromOtherInvestingActivities
|
$-11.00M | USD | 1 Quarter |
| Other |
PaymentsForProceedsFromOtherInvestingActivities
|
$-7.00M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-123.00M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-160.00M | USD | 1 Quarter |
| Repayments on debt |
RepaymentsOfLongTermDebt
|
$170.00M | USD | 1 Quarter |
| Repayments on debt |
RepaymentsOfLongTermDebt
|
$1.00M | USD | 1 Quarter |
| Cash dividends paid |
PaymentsOfDividendsCommonStock
|
$51.00M | USD | 1 Quarter |
| Cash dividends paid |
PaymentsOfDividendsCommonStock
|
$46.00M | USD | 1 Quarter |
| Proceeds from stock options exercised |
ProceedsFromStockOptionsExercised
|
$88.00M | USD | 1 Quarter |
| Proceeds from stock options exercised |
ProceedsFromStockOptionsExercised
|
$58.00M | USD | 1 Quarter |
| Other |
ProceedsFromPaymentsForOtherFinancingActivities
|
$14.00M | USD | 1 Quarter |
| Other |
ProceedsFromPaymentsForOtherFinancingActivities
|
$22.00M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$58.00M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-144.00M | USD | 1 Quarter |
| Effect of exchange rates on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$19.00M | USD | 1 Quarter |
| Effect of exchange rates on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$21.00M | USD | 1 Quarter |
| Decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-145.00M | USD | 1 Quarter |
| Decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-273.00M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$3.39B | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$3.33B | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$3.06B | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$3.54B | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$3.39B | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$3.33B | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$3.06B | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$3.54B | USD | Point-in-time |
| Interest |
InterestPaidNet
|
$6.00M | USD | 1 Quarter |
| Interest |
InterestPaidNet
|
$12.00M | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaidNet
|
$224.00M | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaidNet
|
$266.00M | USD | 1 Quarter |
Comprehensive Income
12 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$404.00M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$604.00M | USD | 1 Quarter |
| Currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
|
$65.00M | USD | 1 Quarter |
| Currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
|
$64.00M | USD | 1 Quarter |
| Changes in derivative financial instruments, net of tax |
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease
|
$37.00M | USD | 1 Quarter |
| Changes in derivative financial instruments, net of tax |
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease
|
$63.00M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$505.00M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$732.00M | USD | 1 Quarter |
| Comprehensive loss attributable to noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$-2.00M | USD | 1 Quarter |
| Comprehensive loss attributable to noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$-3.00M | USD | 1 Quarter |
| Comprehensive income attributable to Company |
ComprehensiveIncomeNetOfTax
|
$508.00M | USD | 1 Quarter |
| Comprehensive income attributable to Company |
ComprehensiveIncomeNetOfTax
|
$734.00M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.