10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000908937-20-000018 |
| Period End Date | 20200331 |
| Filing Date | 20200428 |
| Fiscal Year | 2020 |
| Fiscal Period | Q1 |
| XBRL Instance | siri-20200331x10q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
84 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
9.00B | shares | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
9.00B | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$40.00M | USD | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
4.41B | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$54.00M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$106.00M | USD | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
4.38B | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$62.00M | USD | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
4.41B | shares | Point-in-time |
| Receivables, net |
AccountsNotesAndLoansReceivableNetCurrent
|
$670.00M | USD | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
4.38B | shares | Point-in-time |
| Receivables, net |
AccountsNotesAndLoansReceivableNetCurrent
|
$604.00M | USD | Point-in-time |
| Inventory, net |
InventoryNet
|
$11.00M | USD | Point-in-time |
| Treasury stock (in shares) |
TreasuryStockShares
|
0.00 | shares | Point-in-time |
| Treasury stock (in shares) |
TreasuryStockShares
|
0.00 | shares | Point-in-time |
| Inventory, net |
InventoryNet
|
$12.00M | USD | Point-in-time |
| Related party current assets |
DueFromRelatedPartiesCurrent
|
$15.00M | USD | Point-in-time |
| Related party current assets |
DueFromRelatedPartiesCurrent
|
$22.00M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$194.00M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$212.00M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$883.00M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.00B | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$1.63B | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$1.61B | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$3.47B | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$3.43B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$3.84B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$3.84B | USD | Point-in-time |
| Related party long-term assets |
DueFromRelatedPartiesNoncurrent
|
$452.00M | USD | Point-in-time |
| Related party long-term assets |
DueFromRelatedPartiesNoncurrent
|
$495.00M | USD | Point-in-time |
| Deferred tax assets |
DeferredIncomeTaxAssetsNet
|
$153.00M | USD | Point-in-time |
| Deferred tax assets |
DeferredIncomeTaxAssetsNet
|
$89.00M | USD | Point-in-time |
| Operating lease right-of-use assets |
OperatingLeaseRightOfUseAsset
|
$466.00M | USD | Point-in-time |
| Operating lease right-of-use assets |
OperatingLeaseRightOfUseAsset
|
$452.00M | USD | Point-in-time |
| Other long-term assets |
OtherAssetsNoncurrent
|
$135.00M | USD | Point-in-time |
| Other long-term assets |
OtherAssetsNoncurrent
|
$139.00M | USD | Point-in-time |
| Total assets |
Assets
|
$11.15B | USD | Point-in-time |
| Total assets |
Assets
|
$10.94B | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedExpensesExcludingInterestPayableCurrent
|
$1.15B | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedExpensesExcludingInterestPayableCurrent
|
$1.03B | USD | Point-in-time |
| Accrued interest |
InterestPayableCurrent
|
$98.00M | USD | Point-in-time |
| Accrued interest |
InterestPayableCurrent
|
$160.00M | USD | Point-in-time |
| Current portion of deferred revenue |
ContractWithCustomerLiabilityCurrent
|
$1.93B | USD | Point-in-time |
| Current portion of deferred revenue |
ContractWithCustomerLiabilityCurrent
|
$1.92B | USD | Point-in-time |
| Current maturities of debt |
LongTermDebtAndCapitalLeaseObligationsCurrent
|
$2.00M | USD | Point-in-time |
| Current maturities of debt |
LongTermDebtAndCapitalLeaseObligationsCurrent
|
$2.00M | USD | Point-in-time |
| Operating lease current liabilities |
OperatingLeaseLiabilityCurrent
|
$47.00M | USD | Point-in-time |
| Operating lease current liabilities |
OperatingLeaseLiabilityCurrent
|
$46.00M | USD | Point-in-time |
| Related party current liabilities |
DueToRelatedPartiesCurrent
|
$3.00M | USD | Point-in-time |
| Related party current liabilities |
DueToRelatedPartiesCurrent
|
$4.00M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$3.29B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$3.10B | USD | Point-in-time |
| Long-term deferred revenue |
ContractWithCustomerLiabilityNoncurrent
|
$130.00M | USD | Point-in-time |
| Long-term deferred revenue |
ContractWithCustomerLiabilityNoncurrent
|
$126.00M | USD | Point-in-time |
| Long-term debt |
LongTermDebtAndCapitalLeaseObligations
|
$7.85B | USD | Point-in-time |
| Long-term debt |
LongTermDebtAndCapitalLeaseObligations
|
$7.84B | USD | Point-in-time |
| Deferred tax liabilities |
DeferredIncomeTaxLiabilitiesNet
|
$70.00M | USD | Point-in-time |
| Deferred tax liabilities |
DeferredIncomeTaxLiabilitiesNet
|
$70.00M | USD | Point-in-time |
| Operating lease liabilities |
OperatingLeaseLiabilityNoncurrent
|
$444.00M | USD | Point-in-time |
| Operating lease liabilities |
OperatingLeaseLiabilityNoncurrent
|
$456.00M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$93.00M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$94.00M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$11.68B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$11.88B | USD | Point-in-time |
| Commitments and contingencies (Note 15) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (Note 15) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock, par value $0.001 per share; 9,000 shares authorized; 4,379 and 4,412 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively |
CommonStockValue
|
$4.00M | USD | Point-in-time |
| Common stock, par value $0.001 per share; 9,000 shares authorized; 4,379 and 4,412 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively |
CommonStockValue
|
$4.00M | USD | Point-in-time |
| Accumulated other comprehensive income (loss), net of tax |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$8.00M | USD | Point-in-time |
| Accumulated other comprehensive income (loss), net of tax |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-17.00M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$395.00M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$116.00M | USD | Point-in-time |
| Treasury stock, at cost; 0 and 0 shares of common stock at March 31, 2020 and December 31, 2019, respectively |
TreasuryStockValue
|
- | USD | Point-in-time |
| Treasury stock, at cost; 0 and 0 shares of common stock at March 31, 2020 and December 31, 2019, respectively |
TreasuryStockValue
|
- | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-1.14B | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-850.00M | USD | Point-in-time |
| Total stockholders equity (deficit) |
StockholdersEquity
|
$-747.00M | USD | Point-in-time |
| Total stockholders equity (deficit) |
StockholdersEquity
|
$-736.00M | USD | Point-in-time |
| Total stockholders equity (deficit) |
StockholdersEquity
|
$-1.82B | USD | Point-in-time |
| Total stockholders equity (deficit) |
StockholdersEquity
|
$154.00M | USD | Point-in-time |
| Total liabilities and stockholders equity (deficit) |
LiabilitiesAndStockholdersEquity
|
$11.15B | USD | Point-in-time |
| Total liabilities and stockholders equity (deficit) |
LiabilitiesAndStockholdersEquity
|
$10.94B | USD | Point-in-time |
Income Statement
46 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$1.74B | USD | 1 Quarter |
| Revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$1.95B | USD | 1 Quarter |
| Cost of services |
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
|
$839.00M | USD | 1 Quarter |
| Cost of services |
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
|
$739.00M | USD | 1 Quarter |
| Subscriber acquisition costs |
SubscriberAcquisitionCosts
|
$99.00M | USD | 1 Quarter |
| Subscriber acquisition costs |
SubscriberAcquisitionCosts
|
$108.00M | USD | 1 Quarter |
| Sales and marketing |
SellingAndMarketingExpense
|
$183.00M | USD | 1 Quarter |
| Sales and marketing |
SellingAndMarketingExpense
|
$225.00M | USD | 1 Quarter |
| Engineering, design and development |
ResearchAndDevelopmentExpense
|
$71.00M | USD | 1 Quarter |
| Engineering, design and development |
ResearchAndDevelopmentExpense
|
$54.00M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$135.00M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$107.00M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$132.00M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$107.00M | USD | 1 Quarter |
| Acquisition and other related costs |
BusinessCombinationAcquisitionRelatedCosts
|
$76.00M | USD | 1 Quarter |
| Acquisition and other related costs |
BusinessCombinationAcquisitionRelatedCosts
|
- | USD | 1 Quarter |
| Total operating expenses |
CostsAndExpenses
|
$1.41B | USD | 1 Quarter |
| Total operating expenses |
CostsAndExpenses
|
$1.48B | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$333.00M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$468.00M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$90.00M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$99.00M | USD | 1 Quarter |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
- | USD | 1 Quarter |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-1.00M | USD | 1 Quarter |
| Other (expense) income |
OtherNonoperatingIncomeExpense
|
$1.00M | USD | 1 Quarter |
| Other (expense) income |
OtherNonoperatingIncomeExpense
|
$4.00M | USD | 1 Quarter |
| Total other (expense) income |
NonoperatingIncomeExpense
|
$-90.00M | USD | 1 Quarter |
| Total other (expense) income |
NonoperatingIncomeExpense
|
$-95.00M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$373.00M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$243.00M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$81.00M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$80.00M | USD | 1 Quarter |
| Net income |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$162.00M | USD | 1 Quarter |
| Net income |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$293.00M | USD | 1 Quarter |
| Foreign currency translation adjustment, net of tax |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$7.00M | USD | 1 Quarter |
| Foreign currency translation adjustment, net of tax |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-25.00M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$268.00M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$169.00M | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.04 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.07 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.03 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.07 | USD | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
4.41B | shares | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
4.57B | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
4.68B | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
4.51B | shares | 1 Quarter |
Cash Flow Statement
105 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$40.00M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$54.00M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$106.00M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$62.00M | USD | Point-in-time |
| Net income |
NetIncomeLoss
|
$162.00M | USD | 1 Quarter |
| Restricted cash included in Other long-term assets |
RestrictedCashNoncurrent
|
$11.00M | USD | Point-in-time |
| Net income |
NetIncomeLoss
|
$293.00M | USD | 1 Quarter |
| Restricted cash included in Other long-term assets |
RestrictedCashNoncurrent
|
$12.00M | USD | Point-in-time |
| Restricted cash included in Other long-term assets |
RestrictedCashNoncurrent
|
$14.00M | USD | Point-in-time |
| Restricted cash included in Other long-term assets |
RestrictedCashNoncurrent
|
$11.00M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$73.00M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$65.00M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$120.00M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$52.00M | USD | Point-in-time |
| Depreciation and amortization |
DepreciationAndAmortization
|
$132.00M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$107.00M | USD | 1 Quarter |
| Non-cash interest expense, net of amortization of premium |
AmortizationOfFinancingCostsAndDiscounts
|
$4.00M | USD | 1 Quarter |
| Non-cash interest expense, net of amortization of premium |
AmortizationOfFinancingCostsAndDiscounts
|
$5.00M | USD | 1 Quarter |
| Provision for doubtful accounts |
ProvisionForDoubtfulAccounts
|
$19.00M | USD | 1 Quarter |
| Provision for doubtful accounts |
ProvisionForDoubtfulAccounts
|
$14.00M | USD | 1 Quarter |
| Amortization of deferred income related to equity method investment |
AmortizationOfEquityMethodInvestmentDeferredIncome
|
$-1.00M | USD | 1 Quarter |
| Amortization of deferred income related to equity method investment |
AmortizationOfEquityMethodInvestmentDeferredIncome
|
$-1.00M | USD | 1 Quarter |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
- | USD | 1 Quarter |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-1.00M | USD | 1 Quarter |
| Loss on unconsolidated entity investments, net |
IncomeLossFromEquityMethodInvestments
|
$-2.00M | USD | 1 Quarter |
| Loss on unconsolidated entity investments, net |
IncomeLossFromEquityMethodInvestments
|
$-4.00M | USD | 1 Quarter |
| Loss (gain) on other investments |
GainLossOnSaleOfOtherInvestments
|
$2.00M | USD | 1 Quarter |
| Loss (gain) on other investments |
GainLossOnSaleOfOtherInvestments
|
$-5.00M | USD | 1 Quarter |
| Share-based payment expense |
ShareBasedCompensation
|
$55.00M | USD | 1 Quarter |
| Share-based payment expense |
ShareBasedCompensation
|
$70.00M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$72.00M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$77.00M | USD | 1 Quarter |
| Receivables |
IncreaseDecreaseInAccountsReceivable
|
$13.00M | USD | 1 Quarter |
| Receivables |
IncreaseDecreaseInAccountsReceivable
|
$-47.00M | USD | 1 Quarter |
| Inventory |
IncreaseDecreaseInInventories
|
$1.00M | USD | 1 Quarter |
| Inventory |
IncreaseDecreaseInInventories
|
$-2.00M | USD | 1 Quarter |
| Related party, net |
IncreaseDecreaseInDueFromToRelatedParties
|
$1.00M | USD | 1 Quarter |
| Related party, net |
IncreaseDecreaseInDueFromToRelatedParties
|
$-6.00M | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$18.00M | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$31.00M | USD | 1 Quarter |
| Other long-term assets |
IncreaseDecreaseInOtherNoncurrentAssets
|
$-2.00M | USD | 1 Quarter |
| Other long-term assets |
IncreaseDecreaseInOtherNoncurrentAssets
|
$-3.00M | USD | 1 Quarter |
| Operating lease right-of-use assets |
IncreaseDecreaseInOperatingLeaseRightOfUseAssets
|
$-14.00M | USD | 1 Quarter |
| Operating lease right-of-use assets |
IncreaseDecreaseInOperatingLeaseRightOfUseAssets
|
$-19.00M | USD | 1 Quarter |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$15.00M | USD | 1 Quarter |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-131.00M | USD | 1 Quarter |
| Accrued interest |
IncreaseDecreaseInInterestPayableNet
|
$-62.00M | USD | 1 Quarter |
| Accrued interest |
IncreaseDecreaseInInterestPayableNet
|
$-42.00M | USD | 1 Quarter |
| Deferred revenue |
IncreaseDecreaseInContractWithCustomerLiability
|
$-11.00M | USD | 1 Quarter |
| Deferred revenue |
IncreaseDecreaseInContractWithCustomerLiability
|
$20.00M | USD | 1 Quarter |
| Operating lease liabilities |
IncreaseDecreaseInOperatingLeaseLiabilities
|
$-17.00M | USD | 1 Quarter |
| Operating lease liabilities |
IncreaseDecreaseInOperatingLeaseLiabilities
|
$-11.00M | USD | 1 Quarter |
| Other long-term liabilities |
IncreaseDecreaseInOtherNoncurrentLiabilities
|
$-1.00M | USD | 1 Quarter |
| Other long-term liabilities |
IncreaseDecreaseInOtherNoncurrentLiabilities
|
$5.00M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$396.00M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$416.00M | USD | 1 Quarter |
| Additions to property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$62.00M | USD | 1 Quarter |
| Additions to property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$90.00M | USD | 1 Quarter |
| Purchases of other investments |
PaymentsToAcquireOtherInvestments
|
$6.00M | USD | 1 Quarter |
| Purchases of other investments |
PaymentsToAcquireOtherInvestments
|
$6.00M | USD | 1 Quarter |
| Acquisition of business, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$-313.00M | USD | 1 Quarter |
| Acquisition of business, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
- | USD | 1 Quarter |
| Sale of short-term investments |
ProceedsFromSaleOfShortTermInvestments
|
- | USD | 1 Quarter |
| Sale of short-term investments |
ProceedsFromSaleOfShortTermInvestments
|
$72.00M | USD | 1 Quarter |
| Investments in related parties and other equity investees |
PaymentstoAcquireInvestmentsInRelatedPartiesAndOtherEquityInvestees
|
$5.00M | USD | 1 Quarter |
| Investments in related parties and other equity investees |
PaymentstoAcquireInvestmentsInRelatedPartiesAndOtherEquityInvestees
|
$80.00M | USD | 1 Quarter |
| Repayment from related party |
ProceedsFromPaymentsForLongTermLoansForRelatedParties
|
- | USD | 1 Quarter |
| Repayment from related party |
ProceedsFromPaymentsForLongTermLoansForRelatedParties
|
$3.00M | USD | 1 Quarter |
| Net cash (used in) provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-145.00M | USD | 1 Quarter |
| Net cash (used in) provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$284.00M | USD | 1 Quarter |
| Taxes paid from net share settlements for stock-based compensation |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$35.00M | USD | 1 Quarter |
| Taxes paid from net share settlements for stock-based compensation |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$33.00M | USD | 1 Quarter |
| Revolving credit facility, net of deferred financing costs |
ProceedsFromRepaymentsOfLinesOfCredit
|
- | USD | 1 Quarter |
| Revolving credit facility, net of deferred financing costs |
ProceedsFromRepaymentsOfLinesOfCredit
|
$143.00M | USD | 1 Quarter |
| Proceeds from sale of capped call security |
ProceedsFromDerivativeInstrumentFinancingActivities
|
$3.00M | USD | Point-in-time |
| Proceeds from sale of capped call security |
ProceedsFromDerivativeInstrumentFinancingActivities
|
- | USD | 1 Quarter |
| Proceeds from sale of capped call security |
ProceedsFromDerivativeInstrumentFinancingActivities
|
$3.00M | USD | 1 Quarter |
| Principal payments of long-term borrowings |
RepaymentsOfLongTermDebt
|
$2.00M | USD | 1 Quarter |
| Principal payments of long-term borrowings |
RepaymentsOfLongTermDebt
|
$152.00M | USD | 1 Quarter |
| Common stock repurchased and retired |
PaymentsForRepurchaseOfCommonStock
|
$243.00M | USD | 1 Quarter |
| Common stock repurchased and retired |
PaymentsForRepurchaseOfCommonStock
|
$576.00M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$59.00M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$57.00M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-339.00M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-672.00M | USD | 1 Quarter |
| Net (decrease) increase in cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$8.00M | USD | 1 Quarter |
| Net (decrease) increase in cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$-68.00M | USD | 1 Quarter |
| Cash, cash equivalents and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$73.00M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$65.00M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$120.00M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$52.00M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$73.00M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$65.00M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$120.00M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$52.00M | USD | Point-in-time |
| Interest, net of amounts capitalized |
InterestPaidNet
|
$128.00M | USD | 1 Quarter |
| Interest, net of amounts capitalized |
InterestPaidNet
|
$155.00M | USD | 1 Quarter |
| Income taxes paid |
IncomeTaxesPaid
|
$5.00M | USD | 1 Quarter |
| Income taxes paid |
IncomeTaxesPaid
|
$1.00M | USD | 1 Quarter |
| Treasury stock not yet settled |
TreasuryStockValueAcquiredNotYetRetired
|
$28.00M | USD | 1 Quarter |
| Treasury stock not yet settled |
TreasuryStockValueAcquiredNotYetRetired
|
- | USD | 1 Quarter |
| Fair value of shares issued related to acquisition of a business |
StockIssuedAcquisition
|
- | USD | 1 Quarter |
| Fair value of shares issued related to acquisition of a business |
StockIssuedAcquisition
|
$2.35B | USD | 1 Quarter |
| Accumulated other comprehensive income (loss), net of tax |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$7.00M | USD | 1 Quarter |
| Accumulated other comprehensive income (loss), net of tax |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-25.00M | USD | 1 Quarter |
Stockholders Equity
25 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash dividend per share of common stock (in dollars per share) |
CommonStockDividendsPerShareCashPaid
|
$0.01 | USD | 1 Quarter |
| Cash dividend per share of common stock (in dollars per share) |
CommonStockDividendsPerShareCashPaid
|
$0.01 | USD | 1 Quarter |
| Beginning balance |
StockholdersEquity
|
$-747.00M | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$-736.00M | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$-1.82B | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$154.00M | USD | Point-in-time |
| Comprehensive income, net of tax |
ComprehensiveIncomeNetOfTax
|
$268.00M | USD | 1 Quarter |
| Comprehensive income, net of tax |
ComprehensiveIncomeNetOfTax
|
$169.00M | USD | 1 Quarter |
| Share-based payment expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$59.00M | USD | 1 Quarter |
| Share-based payment expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$74.00M | USD | 1 Quarter |
| Exercise of stock options and vesting of restricted stock units |
StockIssuedDuringPeriodValueShareBasedCompensation
|
- | USD | 1 Quarter |
| Exercise of stock options and vesting of restricted stock units |
StockIssuedDuringPeriodValueShareBasedCompensation
|
- | USD | 1 Quarter |
| Withholding taxes on net share settlement of stock-based compensation |
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
$34.00M | USD | 1 Quarter |
| Withholding taxes on net share settlement of stock-based compensation |
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
$36.00M | USD | 1 Quarter |
| Cash dividends paid on common stock |
DividendsCommonStockCash
|
$57.00M | USD | 1 Quarter |
| Cash dividends paid on common stock |
DividendsCommonStockCash
|
$59.00M | USD | 1 Quarter |
| Equity component of convertible note |
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt
|
$68.00M | USD | 1 Quarter |
| Common stock repurchased |
TreasuryStockValueAcquiredCostMethod
|
$604.00M | USD | 1 Quarter |
| Common stock repurchased |
TreasuryStockValueAcquiredCostMethod
|
$243.00M | USD | 1 Quarter |
| Common stock retired |
TreasuryStockRetiredCostMethodAmount
|
- | USD | 1 Quarter |
| Common stock retired |
TreasuryStockRetiredCostMethodAmount
|
- | USD | 1 Quarter |
| Ending balance |
StockholdersEquity
|
$-747.00M | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$-736.00M | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$-1.82B | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$154.00M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.