10-Q Filing

HOWMET AEROSPACE INC. CIK: 4281 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0000004281-23-000020`
Period End Date	20230930
Filing Date	20231102
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	hwm-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 76 Cash Flow Statement 78 Stockholders Equity 39 Comprehensive Income 24

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Receivables from customers, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.00M	USD	Point-in-time
Receivables from customers, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$424.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$791.00M	USD	Point-in-time
Receivables from customers, less allowances of $1 in both 2023 and 2022 (J)	`AccountsReceivableNetCurrent`	$506.00M	USD	Point-in-time
Receivables from customers, less allowances of $1 in both 2023 and 2022 (J)	`AccountsReceivableNetCurrent`	$714.00M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$13.00M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$31.00M	USD	Point-in-time
Inventories (K)	`InventoryNet`	$1.61B	USD	Point-in-time
Inventories (K)	`InventoryNet`	$1.75B	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$206.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$212.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.11B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.14B	USD	Point-in-time
Properties, plants, and equipment, net (L)	`PropertyPlantAndEquipmentNet`	$2.30B	USD	Point-in-time
Properties, plants, and equipment, net (L)	`PropertyPlantAndEquipmentNet`	$2.33B	USD	Point-in-time
Goodwill	`Goodwill`	$4.01B	USD	Point-in-time
Goodwill	`Goodwill`	$4.01B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$54.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$45.00M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$521.00M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$507.00M	USD	Point-in-time
Other noncurrent assets (M)	`OtherAssetsNoncurrent`	$200.00M	USD	Point-in-time
Other noncurrent assets (M)	`OtherAssetsNoncurrent`	$192.00M	USD	Point-in-time
Total assets	`Assets`	$10.26B	USD	Point-in-time
Total assets	`Assets`	$10.17B	USD	Point-in-time
Accounts payable, trade (B)	`AccountsPayableCurrent`	$894.00M	USD	Point-in-time
Accounts payable, trade (B)	`AccountsPayableCurrent`	$962.00M	USD	Point-in-time
Accrued compensation and retirement costs	`EmployeeRelatedLiabilitiesCurrent`	$240.00M	USD	Point-in-time
Accrued compensation and retirement costs	`EmployeeRelatedLiabilitiesCurrent`	$195.00M	USD	Point-in-time
Taxes, including income taxes (G)	`TaxesPayableCurrent`	$73.00M	USD	Point-in-time
Taxes, including income taxes (G)	`TaxesPayableCurrent`	$48.00M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	$58.00M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	$75.00M	USD	Point-in-time
Other current liabilities (M)(P)	`OtherLiabilitiesCurrent`	$202.00M	USD	Point-in-time
Other current liabilities (M)(P)	`OtherLiabilitiesCurrent`	$189.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.48B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.45B	USD	Point-in-time
Long-term debt (N)(O)	`LongTermDebt`	$3.79B	USD	Point-in-time
Long-term debt (N)(O)	`LongTermDebt`	$4.16B	USD	Point-in-time
Accrued pension benefits (E)	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$633.00M	USD	Point-in-time
Accrued pension benefits (E)	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$618.00M	USD	Point-in-time
Accrued other postretirement benefits (E)	`OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent`	$109.00M	USD	Point-in-time
Accrued other postretirement benefits (E)	`OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent`	$98.00M	USD	Point-in-time
Other noncurrent liabilities and deferred credits (M)	`DeferredCreditsAndOtherLiabilitiesNoncurrent`	$268.00M	USD	Point-in-time
Other noncurrent liabilities and deferred credits (M)	`DeferredCreditsAndOtherLiabilitiesNoncurrent`	$330.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$6.29B	USD	Point-in-time
Total liabilities	`Liabilities`	$6.65B	USD	Point-in-time
Contingencies and commitments (P)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Contingencies and commitments (P)	`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`	$412.00M	USD	Point-in-time
Common stock	`CommonStockValue`	$412.00M	USD	Point-in-time
Additional capital	`AdditionalPaidInCapital`	$3.77B	USD	Point-in-time
Additional capital	`AdditionalPaidInCapital`	$3.95B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.49B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.03B	USD	Point-in-time
Accumulated other comprehensive loss (I)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.84B	USD	Point-in-time
Accumulated other comprehensive loss (I)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.85B	USD	Point-in-time
Total equity	`StockholdersEquity`	$3.77B	USD	Point-in-time
Total equity	`StockholdersEquity`	$3.87B	USD	Point-in-time
Total equity	`StockholdersEquity`	$3.60B	USD	Point-in-time
Total equity	`StockholdersEquity`	$3.42B	USD	Point-in-time
Total equity	`StockholdersEquity`	$3.51B	USD	Point-in-time
Total equity	`StockholdersEquity`	$3.27B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$10.26B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$10.17B	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Sales (C)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.66B	USD	1 Quarter
Sales (C)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.91B	USD	3 Qtrs
Sales (C)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.43B	USD	1 Quarter
Sales (C)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.15B	USD	3 Qtrs
Cost of goods sold (exclusive of expenses below)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$3.54B	USD	3 Qtrs
Cost of goods sold (exclusive of expenses below)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$1.06B	USD	1 Quarter
Cost of goods sold (exclusive of expenses below)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$2.99B	USD	3 Qtrs
Cost of goods sold (exclusive of expenses below)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$1.18B	USD	1 Quarter
Selling, general administrative, and other expenses	`SellingGeneralAndAdministrativeExpense`	$73.00M	USD	1 Quarter
Selling, general administrative, and other expenses	`SellingGeneralAndAdministrativeExpense`	$250.00M	USD	3 Qtrs
Selling, general administrative, and other expenses	`SellingGeneralAndAdministrativeExpense`	$225.00M	USD	3 Qtrs
Selling, general administrative, and other expenses	`SellingGeneralAndAdministrativeExpense`	$87.00M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$23.00M	USD	3 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$27.00M	USD	3 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$7.00M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$9.00M	USD	1 Quarter
Provision for depreciation and amortization	`DepreciationAndAmortization`	$204.00M	USD	3 Qtrs
Provision for depreciation and amortization	`DepreciationAndAmortization`	$68.00M	USD	1 Quarter
Provision for depreciation and amortization	`DepreciationAndAmortization`	$65.00M	USD	1 Quarter
Provision for depreciation and amortization	`DepreciationAndAmortization`	$198.00M	USD	3 Qtrs
Restructuring and other charges (D)	`RestructuringCharges`	$4.00M	USD	1 Quarter
Restructuring and other charges (D)	`RestructuringCharges`	$4.00M	USD	1 Quarter
Restructuring and other charges (D)	`RestructuringCharges`	$12.00M	USD	3 Qtrs
Restructuring and other charges (D)	`RestructuringCharges`	$8.00M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$307.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$877.00M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$228.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$699.00M	USD	3 Qtrs
Loss on debt redemption (N)	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on debt redemption (N)	`GainsLossesOnExtinguishmentOfDebt`	$-1.00M	USD	3 Qtrs
Loss on debt redemption (N)	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on debt redemption (N)	`GainsLossesOnExtinguishmentOfDebt`	$-2.00M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$54.00M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$166.00M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$172.00M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$57.00M	USD	1 Quarter
Other expense, net (F)	`NonoperatingIncomeExpense`	$-67.00M	USD	1 Quarter
Other expense, net (F)	`NonoperatingIncomeExpense`	$-5.00M	USD	3 Qtrs
Other expense, net (F)	`NonoperatingIncomeExpense`	$-11.00M	USD	1 Quarter
Other expense, net (F)	`NonoperatingIncomeExpense`	$-67.00M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$458.00M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$705.00M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$104.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$242.00M	USD	1 Quarter
Provision for income taxes (G)	`IncomeTaxExpenseBenefit`	$54.00M	USD	1 Quarter
Provision for income taxes (G)	`IncomeTaxExpenseBenefit`	$24.00M	USD	1 Quarter
Provision for income taxes (G)	`IncomeTaxExpenseBenefit`	$176.00M	USD	3 Qtrs
Provision for income taxes (G)	`IncomeTaxExpenseBenefit`	$100.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$529.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$188.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$80.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$358.00M	USD	3 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$527.00M	USD	3 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$79.00M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$356.00M	USD	3 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$187.00M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$527.00M	USD	3 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$79.00M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$356.00M	USD	3 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$187.00M	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.86	USD	3 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$0.19	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$1.28	USD	3 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$0.45	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.19	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.84	USD	3 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$1.27	USD	3 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.45	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	417.00M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	412.00M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	415.00M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	412.00M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	415.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	420.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	422.00M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	417.00M	shares	3 Qtrs

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$529.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$188.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$80.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$358.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$198.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$204.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$92.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$58.00M	USD	3 Qtrs
Restructuring and other charges	`RestructuringAndOtherCharges`	$8.00M	USD	3 Qtrs
Restructuring and other charges	`RestructuringAndOtherCharges`	$12.00M	USD	3 Qtrs
Net realized and unrealized losses	`GainLossOnInvestments`	$-17.00M	USD	3 Qtrs
Net realized and unrealized losses	`GainLossOnInvestments`	$-12.00M	USD	3 Qtrs
Net periodic pension cost (E)	`DefinedBenefitPensionPlansNetPeriodicBenefitCost`	$17.00M	USD	3 Qtrs
Net periodic pension cost (E)	`DefinedBenefitPensionPlansNetPeriodicBenefitCost`	$28.00M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$39.00M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$43.00M	USD	3 Qtrs
Loss on debt redemption (N)	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on debt redemption (N)	`GainsLossesOnExtinguishmentOfDebt`	$-1.00M	USD	3 Qtrs
Loss on debt redemption (N)	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on debt redemption (N)	`GainsLossesOnExtinguishmentOfDebt`	$-2.00M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-2.00M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-26.00M	USD	3 Qtrs
Increase in receivables (J)	`IncreaseDecreaseInReceivables`	$211.00M	USD	3 Qtrs
Increase in receivables (J)	`IncreaseDecreaseInReceivables`	$246.00M	USD	3 Qtrs
Increase in inventories	`IncreaseDecreaseInInventories`	$271.00M	USD	3 Qtrs
Increase in inventories	`IncreaseDecreaseInInventories`	$148.00M	USD	3 Qtrs
(Increase) decrease in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$12.00M	USD	3 Qtrs
(Increase) decrease in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-5.00M	USD	3 Qtrs
(Decrease) increase in accounts payable, trade	`IncreaseDecreaseInAccountsPayableTrade`	$130.00M	USD	3 Qtrs
(Decrease) increase in accounts payable, trade	`IncreaseDecreaseInAccountsPayableTrade`	$-57.00M	USD	3 Qtrs
(Decrease) increase in accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$18.00M	USD	3 Qtrs
(Decrease) increase in accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-18.00M	USD	3 Qtrs
Increase (decrease) in taxes, including income taxes	`IncreaseDecreaseInAccruedTaxesPayable`	$-1.00M	USD	3 Qtrs
Increase (decrease) in taxes, including income taxes	`IncreaseDecreaseInAccruedTaxesPayable`	$17.00M	USD	3 Qtrs
Pension contributions	`PensionContributions`	$19.00M	USD	3 Qtrs
Pension contributions	`PensionContributions`	$34.00M	USD	3 Qtrs
Increase in noncurrent assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$5.00M	USD	3 Qtrs
Increase in noncurrent assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$2.00M	USD	3 Qtrs
Decrease in noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-27.00M	USD	3 Qtrs
Decrease in noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-44.00M	USD	3 Qtrs
Cash provided from operations	`NetCashProvidedByUsedInOperatingActivities`	$278.00M	USD	3 Qtrs
Cash provided from operations	`NetCashProvidedByUsedInOperatingActivities`	$443.00M	USD	3 Qtrs
Net change in short-term borrowings	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$-4.00M	USD	3 Qtrs
Net change in short-term borrowings	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	-	USD	3 Qtrs
Repurchases and payments on debt (N)	`RepaymentsOfLongTermDebt`	$60.00M	USD	3 Qtrs
Repurchases and payments on debt (N)	`RepaymentsOfLongTermDebt`	$376.00M	USD	3 Qtrs
Premiums paid on early redemption of debt (N)	`PaymentsOfDebtExtinguishmentCosts`	$1.00M	USD	3 Qtrs
Premiums paid on early redemption of debt (N)	`PaymentsOfDebtExtinguishmentCosts`	$2.00M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$150.00M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$335.00M	USD	3 Qtrs
Proceeds from exercise of employee stock options	`ProceedsFromStockOptionsExercised`	$10.00M	USD	3 Qtrs
Proceeds from exercise of employee stock options	`ProceedsFromStockOptionsExercised`	$14.00M	USD	3 Qtrs
Dividends paid to shareholders	`PaymentsOfOrdinaryDividends`	$52.00M	USD	3 Qtrs
Dividends paid to shareholders	`PaymentsOfOrdinaryDividends`	$27.00M	USD	3 Qtrs
Taxes paid for net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$77.00M	USD	3 Qtrs
Taxes paid for net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$23.00M	USD	3 Qtrs
Cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-646.00M	USD	3 Qtrs
Cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-437.00M	USD	3 Qtrs
Capital expenditures (C)	`PaymentsToAcquirePropertyPlantAndEquipment`	$164.00M	USD	3 Qtrs
Capital expenditures (C)	`PaymentsToAcquirePropertyPlantAndEquipment`	$42.00M	USD	1 Quarter
Capital expenditures (C)	`PaymentsToAcquirePropertyPlantAndEquipment`	$59.00M	USD	1 Quarter
Capital expenditures (C)	`PaymentsToAcquirePropertyPlantAndEquipment`	$148.00M	USD	3 Qtrs
Proceeds from the sale of assets and businesses (L)	`ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets`	$1.00M	USD	3 Qtrs
Proceeds from the sale of assets and businesses (L)	`ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets`	$42.00M	USD	3 Qtrs
Cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-106.00M	USD	3 Qtrs
Cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-163.00M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-3.00M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.00M	USD	3 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-268.00M	USD	3 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-367.00M	USD	3 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$792.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$425.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$454.00M	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 end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$792.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$425.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$454.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$722.00M	USD	Point-in-time

Stockholders Equity 39 line items

Line Item	Tag	Value	Unit	Period
Common (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.17	USD	3 Qtrs
Common (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.10	USD	3 Qtrs
Common (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	1 Quarter
Common (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.09	USD	1 Quarter
Beginning balance	`StockholdersEquity`	$3.77B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.87B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.60B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.42B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.51B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.27B	USD	Point-in-time
Net income	`NetIncomeLoss`	$529.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$188.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$80.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$358.00M	USD	3 Qtrs
Other comprehensive loss (I)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-9.00M	USD	3 Qtrs
Other comprehensive loss (I)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-42.00M	USD	1 Quarter
Other comprehensive loss (I)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-248.00M	USD	3 Qtrs
Other comprehensive loss (I)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-119.00M	USD	1 Quarter
Common	`DividendsCommonStock`	$36.00M	USD	1 Quarter
Common	`DividendsCommonStock`	$70.00M	USD	3 Qtrs
Common	`DividendsCommonStock`	$42.00M	USD	3 Qtrs
Common	`DividendsCommonStock`	$25.00M	USD	1 Quarter
Repurchase and retirement of common stock (H)	`StockRepurchasedAndRetiredDuringPeriodValue`	$150.00M	USD	3 Qtrs
Repurchase and retirement of common stock (H)	`StockRepurchasedAndRetiredDuringPeriodValue`	$335.00M	USD	3 Qtrs
Repurchase and retirement of common stock (H)	`StockRepurchasedAndRetiredDuringPeriodValue`	$25.00M	USD	1 Quarter
Repurchase and retirement of common stock (H)	`StockRepurchasedAndRetiredDuringPeriodValue`	$100.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$43.00M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$39.00M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.00M	USD	1 Quarter
Common stock issued: compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-9.00M	USD	3 Qtrs
Common stock issued: compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-66.00M	USD	3 Qtrs
Common stock issued: compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.00M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$3.77B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.87B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.60B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.42B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.51B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.27B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$529.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$188.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$80.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$358.00M	USD	3 Qtrs
Change in unrecognized net actuarial loss and prior service cost related to pension and other postretirement benefits	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-39.00M	USD	3 Qtrs
Change in unrecognized net actuarial loss and prior service cost related to pension and other postretirement benefits	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-10.00M	USD	1 Quarter
Change in unrecognized net actuarial loss and prior service cost related to pension and other postretirement benefits	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-19.00M	USD	3 Qtrs
Change in unrecognized net actuarial loss and prior service cost related to pension and other postretirement benefits	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-7.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-56.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-18.00M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-128.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-273.00M	USD	3 Qtrs
Net change in unrecognized gains (losses) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-14.00M	USD	3 Qtrs
Net change in unrecognized gains (losses) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$2.00M	USD	1 Quarter
Net change in unrecognized gains (losses) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-10.00M	USD	3 Qtrs
Net change in unrecognized gains (losses) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$4.00M	USD	1 Quarter
Total Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-9.00M	USD	3 Qtrs
Total Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-42.00M	USD	1 Quarter
Total Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-248.00M	USD	3 Qtrs
Total Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-119.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-39.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$146.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$110.00M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$520.00M	USD	3 Qtrs

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