10-Q Filing

Seagate Technology Holdings plc CIK: 1137789 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001137789-23-000029`
Period End Date	20230331
Filing Date	20230426
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	stx-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 58 Income Statement 88 Cash Flow Statement 64 Stockholders Equity 40 Comprehensive Income 20

Balance Sheet 58 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$615.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.21B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.14B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$766.00M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$994.00M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.53B	USD	Point-in-time
Inventories	`InventoryNet`	$1.20B	USD	Point-in-time
Inventories	`InventoryNet`	$1.56B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$637.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$321.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.60B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.03B	USD	Point-in-time
Property, equipment and leasehold improvements, net	`PropertyPlantAndEquipmentNet`	$2.24B	USD	Point-in-time
Property, equipment and leasehold improvements, net	`PropertyPlantAndEquipmentNet`	$1.75B	USD	Point-in-time
Goodwill	`Goodwill`	$1.24B	USD	Point-in-time
Goodwill	`Goodwill`	$1.24B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.00M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$9.00M	USD	Point-in-time
Deferred Income Tax Assets, Net	`DeferredIncomeTaxAssetsNet`	$1.13B	USD	Point-in-time
Deferred Income Tax Assets, Net	`DeferredIncomeTaxAssetsNet`	$1.13B	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$252.00M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$294.00M	USD	Point-in-time
Total Assets	`Assets`	$8.94B	USD	Point-in-time
Total Assets	`Assets`	$7.97B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.70B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.06B	USD	Point-in-time
Accrued employee compensation	`EmployeeRelatedLiabilitiesCurrent`	$252.00M	USD	Point-in-time
Accrued employee compensation	`EmployeeRelatedLiabilitiesCurrent`	$84.00M	USD	Point-in-time
Accrued warranty	`ProductWarrantyAccrualClassifiedCurrent`	$73.00M	USD	Point-in-time
Accrued warranty	`ProductWarrantyAccrualClassifiedCurrent`	$65.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$667.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$596.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.56B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.64B	USD	Point-in-time
Long-term accrued warranty	`ProductWarrantyAccrualNoncurrent`	$88.00M	USD	Point-in-time
Long-term accrued warranty	`ProductWarrantyAccrualNoncurrent`	$83.00M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$135.00M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$404.00M	USD	Point-in-time
Long-term Debt, Excluding Current Maturities	`LongTermDebtNoncurrent`	$4.84B	USD	Point-in-time
Long-term Debt, Excluding Current Maturities	`LongTermDebtNoncurrent`	$5.06B	USD	Point-in-time
Total Liabilities	`Liabilities`	$8.97B	USD	Point-in-time
Total Liabilities	`Liabilities`	$8.84B	USD	Point-in-time
Ordinary shares and additional paid-in capital	`CommonStocksIncludingAdditionalPaidInCapital`	$7.34B	USD	Point-in-time
Ordinary shares and additional paid-in capital	`CommonStocksIncludingAdditionalPaidInCapital`	$7.19B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$84.00M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$36.00M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-8.43B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-7.12B	USD	Point-in-time
Total Shareholders (Deficit) Equity	`StockholdersEquity`	$-470.00M	USD	Point-in-time
Total Shareholders (Deficit) Equity	`StockholdersEquity`	$421.00M	USD	Point-in-time
Total Shareholders (Deficit) Equity	`StockholdersEquity`	$526.00M	USD	Point-in-time
Total Shareholders (Deficit) Equity	`StockholdersEquity`	$631.00M	USD	Point-in-time
Total Shareholders (Deficit) Equity	`StockholdersEquity`	$109.00M	USD	Point-in-time
Total Shareholders (Deficit) Equity	`StockholdersEquity`	$-1.00B	USD	Point-in-time
Total Liabilities and Shareholders (Deficit) Equity	`LiabilitiesAndStockholdersEquity`	$7.97B	USD	Point-in-time
Total Liabilities and Shareholders (Deficit) Equity	`LiabilitiesAndStockholdersEquity`	$8.94B	USD	Point-in-time
Less: current portion of debt, net of debt issuance costs	`LongTermDebtCurrent`	$1.12B	USD	Point-in-time
Less: current portion of debt, net of debt issuance costs	`LongTermDebtCurrent`	$584.00M	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.86B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$9.03B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.80B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.78B	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$2.00B	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$4.74B	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$6.32B	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$1.54B	USD	1 Quarter
Product development	`ResearchAndDevelopmentExpense`	$694.00M	USD	3 Qtrs
Product development	`ResearchAndDevelopmentExpense`	$191.00M	USD	1 Quarter
Product development	`ResearchAndDevelopmentExpense`	$233.00M	USD	1 Quarter
Product development	`ResearchAndDevelopmentExpense`	$625.00M	USD	3 Qtrs
Marketing and administrative	`SellingGeneralAndAdministrativeExpense`	$377.00M	USD	3 Qtrs
Marketing and administrative	`SellingGeneralAndAdministrativeExpense`	$410.00M	USD	3 Qtrs
Marketing and administrative	`SellingGeneralAndAdministrativeExpense`	$123.00M	USD	1 Quarter
Marketing and administrative	`SellingGeneralAndAdministrativeExpense`	$141.00M	USD	1 Quarter
Amortization of intangibles	`Amortizationofintangibleassetsexcludingamountincludedincostofrevenue`	$3.00M	USD	3 Qtrs
Amortization of intangibles	`Amortizationofintangibleassetsexcludingamountincludedincostofrevenue`	$9.00M	USD	3 Qtrs
Amortization of intangibles	`Amortizationofintangibleassetsexcludingamountincludedincostofrevenue`	$3.00M	USD	1 Quarter
Amortization of intangibles	`Amortizationofintangibleassetsexcludingamountincludedincostofrevenue`	-	USD	1 Quarter
Restructuring Charges	`RestructuringCharges`	$2.00M	USD	3 Qtrs
Restructuring Charges	`RestructuringCharges`	-	USD	1 Quarter
Restructuring Charges	`RestructuringCharges`	$110.00M	USD	3 Qtrs
Restructuring Charges	`RestructuringCharges`	$20.00M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$2.17B	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$7.44B	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$6.15B	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$2.37B	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$-368.00M	USD	3 Qtrs
(Loss) income from operations	`OperatingIncomeLoss`	$429.00M	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$-315.00M	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$1.59B	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	-	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$4.00M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$2.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$184.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$229.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$63.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$81.00M	USD	1 Quarter
Gain (Loss) on Extinguishment of Debt	`GainsLossesOnExtinguishmentOfDebt`	$3.00M	USD	1 Quarter
Gain (Loss) on Extinguishment of Debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain (Loss) on Extinguishment of Debt	`GainsLossesOnExtinguishmentOfDebt`	$207.00M	USD	3 Qtrs
Gain (Loss) on Extinguishment of Debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Other Nonoperating Income (Expense)	`OtherNonoperatingIncomeExpense`	$-14.00M	USD	3 Qtrs
Other Nonoperating Income (Expense)	`OtherNonoperatingIncomeExpense`	$-25.00M	USD	3 Qtrs
Other Nonoperating Income (Expense)	`OtherNonoperatingIncomeExpense`	$-9.00M	USD	1 Quarter
Other Nonoperating Income (Expense)	`OtherNonoperatingIncomeExpense`	$-15.00M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-78.00M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-43.00M	USD	3 Qtrs
Other expense, net	`NonoperatingIncomeExpense`	$-197.00M	USD	3 Qtrs
Other expense, net	`NonoperatingIncomeExpense`	$-85.00M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-400.00M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.40B	USD	3 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-411.00M	USD	3 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$351.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$5.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$26.00M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$33.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$25.00M	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$346.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-437.00M	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$1.37B	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$-433.00M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$6.18	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-2.11	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-2.09	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.59	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-2.09	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$6.08	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-2.11	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.56	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	222.00M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	207.00M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	207.00M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	218.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	226.00M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	222.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	207.00M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	207.00M	shares	1 Quarter
Cash dividends declared per ordinary share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.70	USD	1 Quarter
Cash dividends declared per ordinary share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$2.10	USD	3 Qtrs
Cash dividends declared per ordinary share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.70	USD	1 Quarter
Cash dividends declared per ordinary share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$2.07	USD	3 Qtrs
Litigation Settlement, Expense	`LossContingencyLossInPeriod`	$300.00M	USD	3 Qtrs
Litigation Settlement, Expense	`LossContingencyLossInPeriod`	-	USD	3 Qtrs
Litigation Settlement, Expense	`LossContingencyLossInPeriod`	-	USD	1 Quarter
Litigation Settlement, Expense	`LossContingencyLossInPeriod`	$300.00M	USD	1 Quarter

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$346.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-437.00M	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$1.37B	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$-433.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$409.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$324.00M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$106.00M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$93.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$4.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$2.00M	USD	3 Qtrs
Other non-cash operating activities, net	`OtherNoncashIncomeExpense`	$-15.00M	USD	3 Qtrs
Other non-cash operating activities, net	`OtherNoncashIncomeExpense`	$-46.00M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$186.00M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-538.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$275.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-365.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$209.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-327.00M	USD	3 Qtrs
Accrued employee compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-88.00M	USD	3 Qtrs
Accrued employee compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-168.00M	USD	3 Qtrs
Accrued expenses, income taxes and warranty	`IncreaseDecreaseInOtherAccruedLiabilities`	$19.00M	USD	3 Qtrs
Accrued expenses, income taxes and warranty	`IncreaseDecreaseInOtherAccruedLiabilities`	$69.00M	USD	3 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-370.00M	USD	3 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$53.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.48B	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$724.00M	USD	3 Qtrs
Acquisition of property, equipment and leasehold improvements	`PaymentsToAcquirePropertyPlantAndEquipment`	$266.00M	USD	3 Qtrs
Acquisition of property, equipment and leasehold improvements	`PaymentsToAcquirePropertyPlantAndEquipment`	$309.00M	USD	3 Qtrs
Proceeds from the sale of assets	`ProceedsFromSaleOfOtherAssetsInvestingActivities`	-	USD	3 Qtrs
Proceeds from the sale of assets	`ProceedsFromSaleOfOtherAssetsInvestingActivities`	$15.00M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireAssetsInvestingActivities`	$1.00M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireAssetsInvestingActivities`	$18.00M	USD	3 Qtrs
Proceeds from sale of investments	`ProceedsFromSalesOfAssetsInvestingActivities`	$34.00M	USD	3 Qtrs
Proceeds from sale of investments	`ProceedsFromSalesOfAssetsInvestingActivities`	-	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-293.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-252.00M	USD	3 Qtrs
Redemption and repurchase of debt	`RepaymentsOfLongTermDebt`	$701.00M	USD	3 Qtrs
Redemption and repurchase of debt	`RepaymentsOfLongTermDebt`	$71.00M	USD	3 Qtrs
Dividends to shareholders	`PaymentsOfDividendsCommonStock`	$458.00M	USD	3 Qtrs
Dividends to shareholders	`PaymentsOfDividendsCommonStock`	$437.00M	USD	3 Qtrs
Repurchases of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	$1.31B	USD	3 Qtrs
Repurchases of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	$408.00M	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$41.00M	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$45.00M	USD	3 Qtrs
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$600.00M	USD	3 Qtrs
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$1.20B	USD	3 Qtrs
Proceeds from issuance of ordinary shares under employee stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$68.00M	USD	3 Qtrs
Proceeds from issuance of ordinary shares under employee stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$59.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.25B	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-321.00M	USD	3 Qtrs
Increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$151.00M	USD	3 Qtrs
Increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-71.00M	USD	3 Qtrs
Cash, cash equivalents and restricted cash at the beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$768.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at the beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$617.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at the beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.21B	USD	Point-in-time
Cash, cash equivalents and restricted cash at the beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.14B	USD	Point-in-time
Cash, cash equivalents and restricted cash at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$768.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$617.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.21B	USD	Point-in-time
Cash, cash equivalents and restricted cash at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.14B	USD	Point-in-time
Proceeds from (Payments for) Other Financing Activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-23.00M	USD	3 Qtrs
Proceeds from (Payments for) Other Financing Activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-6.00M	USD	3 Qtrs
Gain (loss) on repurchase of debt instrument	`GainLossOnRepurchaseOfDebtInstrument`	-	USD	3 Qtrs
Gain (loss) on repurchase of debt instrument	`GainLossOnRepurchaseOfDebtInstrument`	$207.00M	USD	3 Qtrs

Stockholders Equity 40 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$-470.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$421.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$526.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$631.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$109.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-1.00B	USD	Point-in-time
Net (loss) income	`NetIncomeLoss`	$346.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-437.00M	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$1.37B	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$-433.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$62.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$48.00M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$78.00M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-15.00M	USD	1 Quarter
Issuance of ordinary shares under employee share plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$68.00M	USD	3 Qtrs
Issuance of ordinary shares under employee share plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$31.00M	USD	1 Quarter
Issuance of ordinary shares under employee share plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$30.00M	USD	1 Quarter
Issuance of ordinary shares under employee share plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$59.00M	USD	3 Qtrs
Repurchases of ordinary shares (in shares)	`StockRepurchasedDuringPeriodShares`	5.00M	shares	3 Qtrs
Repurchases of ordinary shares	`StockRepurchasedDuringPeriodValue`	$1.33B	USD	3 Qtrs
Repurchases of ordinary shares	`StockRepurchasedDuringPeriodValue`	$428.00M	USD	1 Quarter
Repurchases of ordinary shares	`StockRepurchasedDuringPeriodValue`	$400.00M	USD	3 Qtrs
Tax withholding related to vesting of restricted stock units (in shares)	`SharesPaidForTaxWithholdingForShareBasedCompensation`	1.00M	shares	3 Qtrs
Tax withholding related to vesting of restricted share units	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.00M	USD	1 Quarter
Tax withholding related to vesting of restricted share units	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$45.00M	USD	3 Qtrs
Tax withholding related to vesting of restricted share units	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$41.00M	USD	3 Qtrs
Dividends to shareholders ($0.70 per ordinary share)	`DividendsCommonStockCash`	$145.00M	USD	1 Quarter
Dividends to shareholders ($0.70 per ordinary share)	`DividendsCommonStockCash`	$435.00M	USD	3 Qtrs
Dividends to shareholders ($0.70 per ordinary share)	`DividendsCommonStockCash`	$457.00M	USD	3 Qtrs
Dividends to shareholders ($0.70 per ordinary share)	`DividendsCommonStockCash`	$152.00M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$36.00M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$31.00M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$93.00M	USD	3 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$106.00M	USD	3 Qtrs
Ending balance	`StockholdersEquity`	$-470.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$421.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$526.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$631.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$109.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-1.00B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$346.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-437.00M	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$1.37B	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$-433.00M	USD	1 Quarter
Net change	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$47.00M	USD	3 Qtrs
Net change	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$62.00M	USD	1 Quarter
Net change	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-15.00M	USD	1 Quarter
Net change	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$76.00M	USD	3 Qtrs
Net change	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-2.00M	USD	3 Qtrs
Net change	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.00M	USD	3 Qtrs
Net change	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	1 Quarter
Net change	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$78.00M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$48.00M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-15.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$62.00M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-448.00M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-389.00M	USD	3 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$1.45B	USD	3 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$408.00M	USD	1 Quarter

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