10-Q Filing

HOWMET AEROSPACE INC. CIK: 4281 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0000004281-22-000017`
Period End Date	20220630
Filing Date	20220804
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	hwm-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 76 Cash Flow Statement 89 Stockholders Equity 36 Comprehensive Income 24

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	-	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$720.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$537.00M	USD	Point-in-time
Receivables from customers, less allowances of $ in 2022 and 2021	`AccountsReceivableNetCurrent`	$367.00M	USD	Point-in-time
Receivables from customers, less allowances of $ in 2022 and 2021	`AccountsReceivableNetCurrent`	$501.00M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$53.00M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$49.00M	USD	Point-in-time
Inventories	`InventoryNet`	$1.56B	USD	Point-in-time
Inventories	`InventoryNet`	$1.40B	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$187.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$195.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.84B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.74B	USD	Point-in-time
Properties, plants, and equipment, net	`PropertyPlantAndEquipmentNet`	$2.47B	USD	Point-in-time
Properties, plants, and equipment, net	`PropertyPlantAndEquipmentNet`	$2.34B	USD	Point-in-time
Goodwill	`Goodwill`	$4.07B	USD	Point-in-time
Goodwill	`Goodwill`	$4.01B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$118.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$184.00M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$534.00M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$549.00M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$211.00M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$215.00M	USD	Point-in-time
Total assets	`Assets`	$10.22B	USD	Point-in-time
Total assets	`Assets`	$10.05B	USD	Point-in-time
Accounts payable, trade	`AccountsPayableCurrent`	$732.00M	USD	Point-in-time
Accounts payable, trade	`AccountsPayableCurrent`	$814.00M	USD	Point-in-time
Accrued compensation and retirement costs	`EmployeeRelatedLiabilitiesCurrent`	$198.00M	USD	Point-in-time
Accrued compensation and retirement costs	`EmployeeRelatedLiabilitiesCurrent`	$198.00M	USD	Point-in-time
Taxes, including income taxes	`TaxesPayableCurrent`	$61.00M	USD	Point-in-time
Taxes, including income taxes	`TaxesPayableCurrent`	$58.00M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	$75.00M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	$74.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$176.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$183.00M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$1.00M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$5.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.32B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.25B	USD	Point-in-time
Long-term debt, less amount due within one year	`LongTermDebtAndCapitalLeaseObligations`	$4.23B	USD	Point-in-time
Long-term debt, less amount due within one year	`LongTermDebtAndCapitalLeaseObligations`	$4.17B	USD	Point-in-time
Accrued pension benefits	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$710.00M	USD	Point-in-time
Accrued pension benefits	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$771.00M	USD	Point-in-time
Accrued other postretirement benefits	`OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent`	$150.00M	USD	Point-in-time
Accrued other postretirement benefits	`OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent`	$153.00M	USD	Point-in-time
Other noncurrent liabilities and deferred credits	`DeferredCreditsAndOtherLiabilitiesNoncurrent`	$280.00M	USD	Point-in-time
Other noncurrent liabilities and deferred credits	`DeferredCreditsAndOtherLiabilitiesNoncurrent`	$307.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$6.71B	USD	Point-in-time
Total liabilities	`Liabilities`	$6.63B	USD	Point-in-time
Contingencies and commitments	`CommitmentsAndContingencies`	-	USD	Point-in-time
Contingencies and commitments	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	$55.00M	USD	Point-in-time
Preferred stock	`PreferredStockValue`	$55.00M	USD	Point-in-time
Common stock	`CommonStockValue`	$416.00M	USD	Point-in-time
Common stock	`CommonStockValue`	$422.00M	USD	Point-in-time
Additional capital	`AdditionalPaidInCapital`	$4.29B	USD	Point-in-time
Additional capital	`AdditionalPaidInCapital`	$4.08B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$863.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$603.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.86B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.99B	USD	Point-in-time
Total equity	`StockholdersEquity`	$3.42B	USD	Point-in-time
Total equity	`StockholdersEquity`	$3.51B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$10.05B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$10.22B	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.20B	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.72B	USD	2 Qtrs
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.40B	USD	2 Qtrs
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.39B	USD	1 Quarter
Cost of goods sold (exclusive of expenses below)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$1.94B	USD	2 Qtrs
Cost of goods sold (exclusive of expenses below)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$857.00M	USD	1 Quarter
Cost of goods sold (exclusive of expenses below)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$1.73B	USD	2 Qtrs
Cost of goods sold (exclusive of expenses below)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$987.00M	USD	1 Quarter
Selling, general administrative, and other expenses	`SellingGeneralAndAdministrativeExpense`	$55.00M	USD	1 Quarter
Selling, general administrative, and other expenses	`SellingGeneralAndAdministrativeExpense`	$120.00M	USD	2 Qtrs
Selling, general administrative, and other expenses	`SellingGeneralAndAdministrativeExpense`	$83.00M	USD	1 Quarter
Selling, general administrative, and other expenses	`SellingGeneralAndAdministrativeExpense`	$152.00M	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$9.00M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$16.00M	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$9.00M	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$4.00M	USD	1 Quarter
Provision for depreciation and amortization	`DepreciationAndAmortization`	$67.00M	USD	1 Quarter
Provision for depreciation and amortization	`DepreciationAndAmortization`	$135.00M	USD	2 Qtrs
Provision for depreciation and amortization	`DepreciationAndAmortization`	$67.00M	USD	1 Quarter
Provision for depreciation and amortization	`DepreciationAndAmortization`	$133.00M	USD	2 Qtrs
Restructuring and other charges	`RestructuringCharges`	$8.00M	USD	2 Qtrs
Restructuring and other charges	`RestructuringCharges`	$6.00M	USD	1 Quarter
Restructuring and other charges	`RestructuringCharges`	$5.00M	USD	1 Quarter
Restructuring and other charges	`RestructuringCharges`	$14.00M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$241.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$207.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$396.00M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$471.00M	USD	2 Qtrs
Loss on debt redemption	`GainsLossesOnExtinguishmentOfDebt`	$-23.00M	USD	2 Qtrs
Loss on debt redemption	`GainsLossesOnExtinguishmentOfDebt`	$-23.00M	USD	1 Quarter
Loss on debt redemption	`GainsLossesOnExtinguishmentOfDebt`	$-2.00M	USD	1 Quarter
Loss on debt redemption	`GainsLossesOnExtinguishmentOfDebt`	$-2.00M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$57.00M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$115.00M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$66.00M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$138.00M	USD	2 Qtrs
Other (income) expense, net	`NonoperatingIncomeExpense`	$-8.00M	USD	1 Quarter
Other (income) expense, net	`NonoperatingIncomeExpense`	$-12.00M	USD	2 Qtrs
Other (income) expense, net	`NonoperatingIncomeExpense`	-	USD	2 Qtrs
Other (income) expense, net	`NonoperatingIncomeExpense`	$1.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$223.00M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$354.00M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$110.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$183.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$36.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$76.00M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$36.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$69.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$154.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$147.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$74.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$278.00M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$277.00M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$153.00M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$74.00M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$147.00M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$277.00M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$153.00M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$147.00M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$74.00M	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.17	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.66	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$0.35	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$0.35	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.66	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.17	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.35	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.35	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	417.00M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	433.00M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	418.00M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	432.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	437.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	422.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	438.00M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	423.00M	shares	2 Qtrs

Cash Flow Statement 89 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$154.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$147.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$74.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$278.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$133.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$135.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$15.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$52.00M	USD	2 Qtrs
Restructuring and other charges	`RestructuringAndOtherCharges`	$8.00M	USD	2 Qtrs
Restructuring and other charges	`RestructuringAndOtherCharges`	$14.00M	USD	2 Qtrs
Net realized and unrealized losses	`GainLossOnInvestments`	$-7.00M	USD	2 Qtrs
Net realized and unrealized losses	`GainLossOnInvestments`	$-4.00M	USD	1 Quarter
Net realized and unrealized losses	`GainLossOnInvestments`	$-1.00M	USD	1 Quarter
Net realized and unrealized losses	`GainLossOnInvestments`	$-4.00M	USD	2 Qtrs
Net periodic pension cost	`DefinedBenefitPensionPlansNetPeriodicBenefitCost`	$9.00M	USD	2 Qtrs
Net periodic pension cost	`DefinedBenefitPensionPlansNetPeriodicBenefitCost`	$11.00M	USD	2 Qtrs
Stock-based compensation	`IncreaseDecreaseInSharebasedCompensation`	$29.00M	USD	2 Qtrs
Stock-based compensation	`IncreaseDecreaseInSharebasedCompensation`	$14.00M	USD	2 Qtrs
Loss on debt redemption	`GainsLossesOnExtinguishmentOfDebt`	$-23.00M	USD	2 Qtrs
Loss on debt redemption	`GainsLossesOnExtinguishmentOfDebt`	$-23.00M	USD	1 Quarter
Loss on debt redemption	`GainsLossesOnExtinguishmentOfDebt`	$-2.00M	USD	1 Quarter
Loss on debt redemption	`GainsLossesOnExtinguishmentOfDebt`	$-2.00M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-23.00M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-27.00M	USD	2 Qtrs
Increase in receivables	`IncreaseDecreaseInReceivables`	$169.00M	USD	2 Qtrs
Increase in receivables	`IncreaseDecreaseInReceivables`	$231.00M	USD	2 Qtrs
(Increase) decrease in inventories	`IncreaseDecreaseInInventories`	$191.00M	USD	2 Qtrs
(Increase) decrease in inventories	`IncreaseDecreaseInInventories`	$-19.00M	USD	2 Qtrs
Decrease in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.00M	USD	2 Qtrs
Decrease in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-10.00M	USD	2 Qtrs
Increase in accounts payable, trade	`IncreaseDecreaseInAccountsPayableTrade`	$48.00M	USD	2 Qtrs
Increase in accounts payable, trade	`IncreaseDecreaseInAccountsPayableTrade`	$118.00M	USD	2 Qtrs
Decrease in accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-40.00M	USD	2 Qtrs
Decrease in accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-93.00M	USD	2 Qtrs
Increase in taxes, including income taxes	`IncreaseDecreaseInAccruedTaxesPayable`	$1.00M	USD	2 Qtrs
Increase in taxes, including income taxes	`IncreaseDecreaseInAccruedTaxesPayable`	$24.00M	USD	2 Qtrs
Pension contributions	`PensionContributions`	$61.00M	USD	2 Qtrs
Pension contributions	`PensionContributions`	$20.00M	USD	2 Qtrs
Increase in noncurrent assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$1.00M	USD	2 Qtrs
Increase in noncurrent assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$4.00M	USD	2 Qtrs
Decrease in noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-24.00M	USD	2 Qtrs
Decrease in noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-33.00M	USD	2 Qtrs
Cash provided from operations	`NetCashProvidedByUsedInOperatingActivities`	$79.00M	USD	2 Qtrs
Cash provided from operations	`NetCashProvidedByUsedInOperatingActivities`	$213.00M	USD	2 Qtrs
Net change in short-term borrowings (original maturities of three months or less)	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$-1.00M	USD	2 Qtrs
Net change in short-term borrowings (original maturities of three months or less)	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$-4.00M	USD	2 Qtrs
Payments on debt (original maturities greater than three months)	`RepaymentsOfLongTermDebt`	$60.00M	USD	2 Qtrs
Payments on debt (original maturities greater than three months)	`RepaymentsOfLongTermDebt`	$838.00M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$1.00M	USD	2 Qtrs
Premiums paid on early redemption of debt	`PaymentsOfDebtExtinguishmentCosts`	$2.00M	USD	2 Qtrs
Premiums paid on early redemption of debt	`PaymentsOfDebtExtinguishmentCosts`	$22.00M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$60.00M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$235.00M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$200.00M	USD	2 Qtrs
Proceeds from exercise of employee stock options	`ProceedsFromStockOptionsExercised`	$10.00M	USD	2 Qtrs
Proceeds from exercise of employee stock options	`ProceedsFromStockOptionsExercised`	$15.00M	USD	2 Qtrs
Dividends paid to shareholders	`PaymentsOfOrdinaryDividends`	$18.00M	USD	2 Qtrs
Dividends paid to shareholders	`PaymentsOfOrdinaryDividends`	$1.00M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-20.00M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-22.00M	USD	2 Qtrs
Cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.07B	USD	2 Qtrs
Cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-331.00M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$106.00M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$44.00M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$36.00M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$91.00M	USD	2 Qtrs
Proceeds from the sale of assets and businesses	`ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets`	$42.00M	USD	2 Qtrs
Proceeds from the sale of assets and businesses	`ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets`	$8.00M	USD	2 Qtrs
Sale of debt securities	`ProceedsFromSaleOfOtherInvestments`	-	USD	2 Qtrs
Sale of debt securities	`ProceedsFromSaleOfOtherInvestments`	$5.00M	USD	2 Qtrs
Cash receipts from sold receivables	`ProceedsFromSaleOfFinanceReceivables`	-	USD	2 Qtrs
Cash receipts from sold receivables	`ProceedsFromSaleOfFinanceReceivables`	$172.00M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$1.00M	USD	2 Qtrs
Cash (used for) provided from investing activities	`NetCashProvidedByUsedInInvestingActivities`	$94.00M	USD	2 Qtrs
Cash (used for) provided from investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-65.00M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.00M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	2 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-895.00M	USD	2 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-184.00M	USD	2 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$716.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.61B	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$722.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$538.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$716.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.61B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$722.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$538.00M	USD	Point-in-time

Stockholders Equity 36 line items

Line Item	Tag	Value	Unit	Period
Common stock, dividends per share (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.04	USD	2 Qtrs
Common stock, dividends per share (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.02	USD	1 Quarter
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.42B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.66B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.60B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.46B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.51B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.58B	USD	Point-in-time
Net income	`NetIncomeLoss`	$154.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$147.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$74.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$278.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$59.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$57.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-128.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-129.00M	USD	2 Qtrs
Common share, value	`DividendsCommonStockCash`	$17.00M	USD	2 Qtrs
Common share, value	`DividendsCommonStockCash`	$9.00M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedDuringPeriodValue`	$200.00M	USD	2 Qtrs
Repurchase and retirement of common stock	`StockRepurchasedDuringPeriodValue`	$235.00M	USD	2 Qtrs
Repurchase and retirement of common stock	`StockRepurchasedDuringPeriodValue`	$60.00M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedDuringPeriodValue`	$200.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$29.00M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$18.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.00M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.00M	USD	1 Quarter
Common stock issued: compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-12.00M	USD	2 Qtrs
Common stock issued: compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-3.00M	USD	1 Quarter
Common stock issued: compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-5.00M	USD	2 Qtrs
Common stock issued: compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-4.00M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.42B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.66B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.60B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.46B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.51B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.58B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$154.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$147.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$74.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$278.00M	USD	2 Qtrs
Change in unrecognized net actuarial loss and prior service cost related to pension and other postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-32.00M	USD	2 Qtrs
Change in unrecognized net actuarial loss and prior service cost related to pension and other postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-22.00M	USD	1 Quarter
Change in unrecognized net actuarial loss and prior service cost related to pension and other postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-35.00M	USD	1 Quarter
Change in unrecognized net actuarial loss and prior service cost related to pension and other postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-77.00M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-145.00M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$18.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-114.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-26.00M	USD	2 Qtrs
Net change in unrecognized (losses) gains on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-16.00M	USD	2 Qtrs
Net change in unrecognized (losses) gains on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-36.00M	USD	1 Quarter
Net change in unrecognized (losses) gains on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$8.00M	USD	2 Qtrs
Net change in unrecognized (losses) gains on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$4.00M	USD	1 Quarter
Total Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$59.00M	USD	2 Qtrs
Total Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$57.00M	USD	1 Quarter
Total Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-128.00M	USD	1 Quarter
Total Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-129.00M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$19.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$131.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$213.00M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$149.00M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.