10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001193125-18-139205 |
| Period End Date | 20180331 |
| Filing Date | 20180427 |
| Fiscal Year | 2018 |
| Fiscal Period | Q1 |
| XBRL Instance | nov-20180331.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
|
$1.48B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.44B | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
381.90M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.41B | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
380.10M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.24B | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
381.90M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
380.10M | shares | Point-in-time |
| Receivables, net |
ReceivablesNetCurrent
|
$2.02B | USD | Point-in-time |
| Receivables, net |
ReceivablesNetCurrent
|
$2.10B | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$3.15B | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$3.00B | USD | Point-in-time |
| Contract assets |
ContractWithCustomerAssetNetCurrent
|
$495.00M | USD | Point-in-time |
| Contract assets |
ContractWithCustomerAssetNetCurrent
|
$415.00M | USD | Point-in-time |
| Prepaid and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$267.00M | USD | Point-in-time |
| Prepaid and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$287.00M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$7.19B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$7.22B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$3.00B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$2.93B | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetNoncurrent
|
$13.00M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetNoncurrent
|
$13.00M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$6.23B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$6.22B | USD | Point-in-time |
| Intangibles, net |
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
$3.30B | USD | Point-in-time |
| Intangibles, net |
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
$3.21B | USD | Point-in-time |
| Investment in unconsolidated affiliates |
EquityMethodInvestments
|
$309.00M | USD | Point-in-time |
| Investment in unconsolidated affiliates |
EquityMethodInvestments
|
$312.00M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$141.00M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$137.00M | USD | Point-in-time |
| Total assets |
Assets
|
$20.01B | USD | Point-in-time |
| Total assets |
Assets
|
$20.21B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$510.00M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$528.00M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$1.24B | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$965.00M | USD | Point-in-time |
| Contract liabilities |
ContractWithCustomerLiabilityCurrent
|
$519.00M | USD | Point-in-time |
| Contract liabilities |
ContractWithCustomerLiabilityCurrent
|
$598.00M | USD | Point-in-time |
| Current portion of long-term debt and short-term borrowings |
DebtCurrent
|
$6.00M | USD | Point-in-time |
| Current portion of long-term debt and short-term borrowings |
DebtCurrent
|
$6.00M | USD | Point-in-time |
| Accrued income taxes |
AccruedIncomeTaxesCurrent
|
$81.00M | USD | Point-in-time |
| Accrued income taxes |
AccruedIncomeTaxesCurrent
|
$35.00M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$2.13B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$2.35B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$2.71B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$2.71B | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$677.00M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$685.00M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$309.00M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$335.00M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$6.05B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$5.86B | 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; 381,900,610 and 380,104,970 shares issued and outstanding at March 31, 2018 and December 31, 2017 |
CommonStockValue
|
$4.00M | USD | Point-in-time |
| Common stock-par value $.01; 1 billion shares authorized; 381,900,610 and 380,104,970 shares issued and outstanding at March 31, 2018 and December 31, 2017 |
CommonStockValue
|
$4.00M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$8.26B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$8.23B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-1.11B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-1.06B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$6.88B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$6.97B | USD | Point-in-time |
| Total Company stockholders' equity |
StockholdersEquity
|
$14.08B | USD | Point-in-time |
| Total Company stockholders' equity |
StockholdersEquity
|
$14.09B | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$69.00M | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$66.00M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$14.15B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$14.16B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$20.21B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$20.01B | USD | Point-in-time |
Income Statement
37 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenue |
SalesRevenueNet
|
$1.74B | USD | 1 Quarter |
| Revenue |
SalesRevenueNet
|
$1.79B | USD | 1 Quarter |
| Cost of revenue |
CostOfGoodsAndServicesSold
|
$1.53B | USD | 1 Quarter |
| Cost of revenue |
CostOfGoodsAndServicesSold
|
$1.51B | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$209.00M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$287.00M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$306.00M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$288.00M | USD | 1 Quarter |
| Operating loss |
OperatingIncomeLoss
|
$-1.00M | USD | 1 Quarter |
| Operating loss |
OperatingIncomeLoss
|
$-97.00M | USD | 1 Quarter |
| Interest and financial costs |
InterestExpense
|
$24.00M | USD | 1 Quarter |
| Interest and financial costs |
InterestExpense
|
$25.00M | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$7.00M | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$4.00M | USD | 1 Quarter |
| Equity income in unconsolidated affiliates |
IncomeLossFromEquityMethodInvestments
|
$2.00M | USD | 1 Quarter |
| Other income (expense), net |
OtherNonoperatingIncomeExpense
|
$-15.00M | USD | 1 Quarter |
| Other income (expense), net |
OtherNonoperatingIncomeExpense
|
$-47.00M | USD | 1 Quarter |
| Loss before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$-63.00M | USD | 1 Quarter |
| Loss before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$-133.00M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$-13.00M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$3.00M | USD | 1 Quarter |
| Net loss |
ProfitLoss
|
$-120.00M | USD | 1 Quarter |
| Net loss |
ProfitLoss
|
$-66.00M | USD | 1 Quarter |
| Net income attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$2.00M | USD | 1 Quarter |
| Net income attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$2.00M | USD | 1 Quarter |
| Net loss attributable to Company |
NetIncomeLoss
|
$-68.00M | USD | 1 Quarter |
| Net loss attributable to Company |
NetIncomeLoss
|
$-122.00M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$-0.18 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$-0.32 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$-0.18 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$-0.32 | USD | 1 Quarter |
| Cash dividends per share |
CommonStockDividendsPerShareCashPaid
|
$0.05 | USD | 1 Quarter |
| Cash dividends per share |
CommonStockDividendsPerShareCashPaid
|
$0.05 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
377.00M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
376.00M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
376.00M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
377.00M | shares | 1 Quarter |
Cash Flow Statement
62 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss |
ProfitLoss
|
$-120.00M | USD | 1 Quarter |
| Net loss |
ProfitLoss
|
$-66.00M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$173.00M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$175.00M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxesAndTaxCredits
|
$5.00M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxesAndTaxCredits
|
$4.00M | USD | 1 Quarter |
| Equity income in unconsolidated affiliates |
IncomeLossFromEquityMethodInvestments
|
$2.00M | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$-55.00M | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$-19.00M | USD | 1 Quarter |
| Receivables |
IncreaseDecreaseInAccountsReceivable
|
$-101.00M | USD | 1 Quarter |
| Receivables |
IncreaseDecreaseInAccountsReceivable
|
$79.00M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-65.00M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$146.00M | USD | 1 Quarter |
| Contract assets |
IncreaseDecreaseInContractWithCustomerAsset
|
$-12.00M | USD | 1 Quarter |
| Contract assets |
IncreaseDecreaseInContractWithCustomerAsset
|
$-80.00M | USD | 1 Quarter |
| Prepaid and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$20.00M | USD | 1 Quarter |
| Prepaid and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-16.00M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-26.00M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$14.00M | USD | 1 Quarter |
| Accrued liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$-279.00M | USD | 1 Quarter |
| Accrued liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$-72.00M | USD | 1 Quarter |
| Contract liabilities |
IncreaseDecreaseInContractWithCustomerLiability
|
$-66.00M | USD | 1 Quarter |
| Contract liabilities |
IncreaseDecreaseInContractWithCustomerLiability
|
$77.00M | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$-46.00M | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$-41.00M | USD | 1 Quarter |
| Other assets/liabilities, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-8.00M | USD | 1 Quarter |
| Other assets/liabilities, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-141.00M | USD | 1 Quarter |
| Net cash provided (used) by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$111.00M | USD | 1 Quarter |
| Net cash provided (used) by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-129.00M | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$39.00M | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$42.00M | USD | 1 Quarter |
| Business acquisitions, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$36.00M | USD | 1 Quarter |
| Business acquisitions, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$6.00M | USD | 1 Quarter |
| Other |
PaymentsForProceedsFromOtherInvestingActivities
|
$-6.00M | USD | 1 Quarter |
| Other |
PaymentsForProceedsFromOtherInvestingActivities
|
$-14.00M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-42.00M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-61.00M | USD | 1 Quarter |
| Payments against lines of credit and other debt |
RepaymentsOfLongTermDebt
|
$2.00M | USD | 1 Quarter |
| Payments against lines of credit and other debt |
RepaymentsOfLongTermDebt
|
$2.00M | USD | 1 Quarter |
| Cash dividends paid |
PaymentsOfDividendsCommonStock
|
$19.00M | USD | 1 Quarter |
| Cash dividends paid |
PaymentsOfDividendsCommonStock
|
$19.00M | USD | 1 Quarter |
| Activity under stock incentive plans |
ProceedsFromPaymentsForIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
|
$3.00M | USD | 1 Quarter |
| Activity under stock incentive plans |
ProceedsFromPaymentsForIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
|
$9.00M | USD | 1 Quarter |
| Other |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-1.00M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-18.00M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-13.00M | USD | 1 Quarter |
| Effect of exchange rates on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$7.00M | USD | 1 Quarter |
| Effect of exchange rates on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$15.00M | USD | 1 Quarter |
| Increase (decrease) in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-201.00M | USD | 1 Quarter |
| Increase (decrease) in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$71.00M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.41B | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.24B | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.44B | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.48B | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.41B | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.24B | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.44B | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.48B | USD | Point-in-time |
| Interest |
InterestPaidNet
|
$3.00M | USD | 1 Quarter |
| Interest |
InterestPaidNet
|
$3.00M | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaidNet
|
$42.00M | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaidNet
|
$56.00M | USD | 1 Quarter |
Comprehensive Income
12 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss |
ProfitLoss
|
$-120.00M | USD | 1 Quarter |
| Net loss |
ProfitLoss
|
$-66.00M | USD | 1 Quarter |
| Currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$90.00M | USD | 1 Quarter |
| Currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$36.00M | USD | 1 Quarter |
| Changes in derivative financial instruments, net of tax |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
$5.00M | USD | 1 Quarter |
| Changes in derivative financial instruments, net of tax |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
$13.00M | USD | 1 Quarter |
| Comprehensive loss |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-17.00M | USD | 1 Quarter |
| Comprehensive loss |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-25.00M | USD | 1 Quarter |
| Comprehensive income attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$2.00M | USD | 1 Quarter |
| Comprehensive income attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$2.00M | USD | 1 Quarter |
| Comprehensive loss attributable to Company |
ComprehensiveIncomeNetOfTax
|
$-19.00M | USD | 1 Quarter |
| Comprehensive loss attributable to Company |
ComprehensiveIncomeNetOfTax
|
$-27.00M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.