10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001193125-16-579802 |
| Period End Date | 20160331 |
| Filing Date | 20160505 |
| Fiscal Year | 2016 |
| Fiscal Period | Q1 |
| XBRL Instance | nov-20160331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
74 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 authorized |
CommonStockSharesAuthorized
|
1.00B | shares | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
1.00B | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.76B | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
375.76M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$3.54B | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
377.07M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$2.08B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$3.02B | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
375.76M | shares | Point-in-time |
| Receivables, net |
ReceivablesNetCurrent
|
$2.93B | USD | Point-in-time |
| Receivables, net |
ReceivablesNetCurrent
|
$2.21B | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
377.07M | shares | Point-in-time |
| Inventories, net |
InventoryNet
|
$4.68B | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$4.53B | USD | Point-in-time |
| Costs in excess of billings |
CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear
|
$1.04B | USD | Point-in-time |
| Costs in excess of billings |
CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear
|
$1.25B | USD | Point-in-time |
| Prepaid and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$491.00M | USD | Point-in-time |
| Prepaid and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$503.00M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$11.43B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$10.05B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$3.30B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$3.12B | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetNoncurrent
|
$144.00M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetNoncurrent
|
$130.00M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$6.98B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$7.00B | USD | Point-in-time |
| Intangibles, net |
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
$3.85B | USD | Point-in-time |
| Intangibles, net |
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
$3.80B | USD | Point-in-time |
| Investment in unconsolidated affiliates |
EquityMethodInvestments
|
$327.00M | USD | Point-in-time |
| Investment in unconsolidated affiliates |
EquityMethodInvestments
|
$324.00M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$135.00M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$132.00M | USD | Point-in-time |
| Total assets |
Assets
|
$24.75B | USD | Point-in-time |
| Total assets |
Assets
|
$25.97B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$623.00M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$467.00M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$2.28B | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$2.06B | USD | Point-in-time |
| Billings in excess of costs |
BillingsInExcessOfCost
|
$785.00M | USD | Point-in-time |
| Billings in excess of costs |
BillingsInExcessOfCost
|
$704.00M | USD | Point-in-time |
| Current portion of long-term debt and short-term borrowings |
DebtCurrent
|
$7.00M | USD | Point-in-time |
| Current portion of long-term debt and short-term borrowings |
DebtCurrent
|
$2.00M | USD | Point-in-time |
| Accrued income taxes |
AccruedIncomeTaxesCurrent
|
$199.00M | USD | Point-in-time |
| Accrued income taxes |
AccruedIncomeTaxesCurrent
|
$264.00M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$3.96B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$3.44B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$3.91B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$3.37B | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$1.24B | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$1.36B | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$275.00M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$283.00M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$8.32B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$9.51B | 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; 1 billion shares authorized; 377,066,012 and 375,764,794 shares issued and outstanding at March 31, 2016 and December 31, 2015 |
CommonStockValue
|
$4.00M | USD | Point-in-time |
| Common stock - par value $.01; 1 billion shares authorized; 377,066,012 and 375,764,794 shares issued and outstanding at March 31, 2016 and December 31, 2015 |
CommonStockValue
|
$4.00M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$8.01B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$8.02B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-1.31B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-1.55B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$9.93B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$9.63B | USD | Point-in-time |
| Total Company stockholders' equity |
StockholdersEquity
|
$16.36B | USD | Point-in-time |
| Total Company stockholders' equity |
StockholdersEquity
|
$16.38B | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$78.00M | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$77.00M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$16.46B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$16.43B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$24.75B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$25.97B | USD | Point-in-time |
Income Statement
38 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenue |
SalesRevenueNet
|
$2.19B | USD | 1 Quarter |
| Revenue |
SalesRevenueNet
|
$4.82B | USD | 1 Quarter |
| Cost of revenue |
CostOfGoodsAndServicesSold
|
$1.95B | USD | 1 Quarter |
| Cost of revenue |
CostOfGoodsAndServicesSold
|
$3.64B | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$1.18B | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$244.00M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$433.00M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$607.00M | USD | 1 Quarter |
| Operating profit (loss) |
OperatingIncomeLoss
|
$-189.00M | USD | 1 Quarter |
| Operating profit (loss) |
OperatingIncomeLoss
|
$570.00M | USD | 1 Quarter |
| Interest and financial costs |
InterestExpense
|
$26.00M | USD | 1 Quarter |
| Interest and financial costs |
InterestExpense
|
$25.00M | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$5.00M | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$5.00M | USD | 1 Quarter |
| Equity income (loss) in unconsolidated affiliates |
IncomeLossFromEquityMethodInvestments
|
$9.00M | USD | 1 Quarter |
| Equity income (loss) in unconsolidated affiliates |
IncomeLossFromEquityMethodInvestments
|
$-6.00M | USD | 1 Quarter |
| Other income (expense), net |
OtherNonoperatingIncomeExpense
|
$-21.00M | USD | 1 Quarter |
| Other income (expense), net |
OtherNonoperatingIncomeExpense
|
$-56.00M | USD | 1 Quarter |
| Income (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$-236.00M | USD | 1 Quarter |
| Income (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$502.00M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$-118.00M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$189.00M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-118.00M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$313.00M | USD | 1 Quarter |
| Net income attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$1.00M | USD | 1 Quarter |
| Net income attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$3.00M | USD | 1 Quarter |
| Net income (loss) attributable to Company |
NetIncomeLoss
|
$310.00M | USD | 1 Quarter |
| Net income (loss) attributable to Company |
NetIncomeLoss
|
$-119.00M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$-0.32 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.76 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$-0.32 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.76 | USD | 1 Quarter |
| Cash dividends per share |
CommonStockDividendsPerShareCashPaid
|
$0.46 | USD | 1 Quarter |
| Cash dividends per share |
CommonStockDividendsPerShareCashPaid
|
$0.46 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
375.00M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
407.00M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
409.00M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
375.00M | shares | 1 Quarter |
Cash Flow Statement
67 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
ProfitLoss
|
$-118.00M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$313.00M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$175.00M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$190.00M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxesAndTaxCredits
|
$-7.00M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxesAndTaxCredits
|
$-135.00M | USD | 1 Quarter |
| Equity (income) loss in unconsolidated affiliates |
IncomeLossFromEquityMethodInvestments
|
$9.00M | USD | 1 Quarter |
| Equity (income) loss in unconsolidated affiliates |
IncomeLossFromEquityMethodInvestments
|
$-6.00M | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$-83.00M | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$-91.00M | USD | 1 Quarter |
| Receivables |
IncreaseDecreaseInAccountsReceivable
|
$-706.00M | USD | 1 Quarter |
| Receivables |
IncreaseDecreaseInAccountsReceivable
|
$-369.00M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$126.00M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-112.00M | USD | 1 Quarter |
| Costs in excess of billings |
IncreaseDecreaseInCostInExcessOfBillingOnUncompletedContract
|
$47.00M | USD | 1 Quarter |
| Costs in excess of billings |
IncreaseDecreaseInCostInExcessOfBillingOnUncompletedContract
|
$-210.00M | USD | 1 Quarter |
| Prepaid and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$11.00M | USD | 1 Quarter |
| Prepaid and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-34.00M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-157.00M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-201.00M | USD | 1 Quarter |
| Accrued liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$-231.00M | USD | 1 Quarter |
| Accrued liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$-224.00M | USD | 1 Quarter |
| Billings in excess of costs |
IncreaseDecreaseInBillingInExcessOfCostOfEarnings
|
$-81.00M | USD | 1 Quarter |
| Billings in excess of costs |
IncreaseDecreaseInBillingInExcessOfCostOfEarnings
|
$-278.00M | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$1.00M | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$-65.00M | USD | 1 Quarter |
| Other assets/liabilities, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-127.00M | USD | 1 Quarter |
| Other assets/liabilities, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-8.00M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$621.00M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$114.00M | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$130.00M | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$84.00M | USD | 1 Quarter |
| Business acquisitions, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$23.00M | USD | 1 Quarter |
| Business acquisitions, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$21.00M | USD | 1 Quarter |
| Other |
PaymentsForProceedsFromOtherInvestingActivities
|
$-2.00M | USD | 1 Quarter |
| Other |
PaymentsForProceedsFromOtherInvestingActivities
|
$-4.00M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-103.00M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-149.00M | USD | 1 Quarter |
| Borrowings against lines of credit and other debt |
ProceedsFromIssuanceOfLongTermDebt
|
$1.87B | USD | 1 Quarter |
| Borrowings against lines of credit and other debt |
ProceedsFromIssuanceOfLongTermDebt
|
$2.37B | USD | 1 Quarter |
| Payments against lines of credit and other debt |
RepaymentsOfLongTermDebt
|
$3.05B | USD | 1 Quarter |
| Payments against lines of credit and other debt |
RepaymentsOfLongTermDebt
|
$792.00M | USD | 1 Quarter |
| Cash dividends paid |
PaymentsOfDividendsCommonStock
|
$185.00M | USD | 1 Quarter |
| Cash dividends paid |
PaymentsOfDividendsCommonStock
|
$173.00M | USD | 1 Quarter |
| Share repurchases |
PaymentsForRepurchaseOfCommonStock
|
$1.33B | USD | 1 Quarter |
| Proceeds from stock options exercised |
ProceedsFromStockOptionsExercised
|
$1.00M | USD | 1 Quarter |
| Proceeds from stock options exercised |
ProceedsFromStockOptionsExercised
|
$3.00M | USD | 1 Quarter |
| Other |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-3.00M | USD | 1 Quarter |
| Other |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-5.00M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-436.00M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-861.00M | USD | 1 Quarter |
| Effect of exchange rates on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-41.00M | USD | 1 Quarter |
| Effect of exchange rates on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$22.00M | USD | 1 Quarter |
| Increase (decrease) in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-512.00M | USD | 1 Quarter |
| Increase (decrease) in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-321.00M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$2.08B | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$3.02B | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.76B | 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
|
$2.08B | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$3.02B | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.76B | 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
|
$3.00M | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaidNet
|
$-32.00M | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaidNet
|
$96.00M | USD | 1 Quarter |
Comprehensive Income
12 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
ProfitLoss
|
$-118.00M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$313.00M | USD | 1 Quarter |
| Currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$-418.00M | USD | 1 Quarter |
| Currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$143.00M | USD | 1 Quarter |
| Changes in derivative financial instruments, net of tax |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
$-66.00M | USD | 1 Quarter |
| Changes in derivative financial instruments, net of tax |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
$102.00M | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$127.00M | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-171.00M | USD | 1 Quarter |
| Comprehensive income attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$1.00M | USD | 1 Quarter |
| Comprehensive income attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$3.00M | USD | 1 Quarter |
| Comprehensive income (loss) attributable to Company |
ComprehensiveIncomeNetOfTax
|
$-174.00M | USD | 1 Quarter |
| Comprehensive income (loss) attributable to Company |
ComprehensiveIncomeNetOfTax
|
$126.00M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.