10-Q Filing

LORILLARD, INC. CIK: 1424847 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001193125-12-319703`
Period End Date	20120630
Filing Date	20120727
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	lo-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 81 Income Statement 60 Cash Flow Statement 62 Stockholders Equity 28 Comprehensive Income 20

Balance Sheet 81 line items

Line Item	Tag	Value	Unit	Period
Allowances, accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.00M	USD	Point-in-time
Allowances, accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.63B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.06B	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.15B	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$946.00M	USD	Point-in-time
Accounts receivable, less allowances of $2 and $2	`AccountsReceivableNetCurrent`	$14.00M	USD	Point-in-time
Accounts receivable, less allowances of $2 and $2	`AccountsReceivableNetCurrent`	$10.00M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other receivables	`OtherReceivables`	$83.00M	USD	Point-in-time
Other receivables	`OtherReceivables`	$14.00M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Inventories	`InventoryNet`	$277.00M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Inventories	`InventoryNet`	$365.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$535.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$535.00M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	175.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	175.00M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	131.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$108.00M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	132.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$25.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.56B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.98B	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	44.00M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	43.00M	shares	Point-in-time
Plant and equipment, net	`PropertyPlantAndEquipmentNet`	$278.00M	USD	Point-in-time
Plant and equipment, net	`PropertyPlantAndEquipmentNet`	$262.00M	USD	Point-in-time
Goodwill	`Goodwill`	-	USD	Point-in-time
Goodwill	`Goodwill`	$64.00M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$58.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$54.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$50.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$144.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$128.00M	USD	Point-in-time
Total assets	`Assets`	$3.01B	USD	Point-in-time
Total assets	`Assets`	$2.58B	USD	Point-in-time
Accounts and drafts payable	`AccountsPayableCurrent`	$31.00M	USD	Point-in-time
Accounts and drafts payable	`AccountsPayableCurrent`	$32.00M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$296.00M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$321.00M	USD	Point-in-time
Settlement costs	`SettlementCosts`	$747.00M	USD	Point-in-time
Settlement costs	`SettlementCosts`	$1.15B	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$6.00M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$2.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.49B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.10B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.61B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.60B	USD	Point-in-time
Postretirement pension, medical and life insurance benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$375.00M	USD	Point-in-time
Postretirement pension, medical and life insurance benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$388.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$58.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$53.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.14B	USD	Point-in-time
Total liabilities	`Liabilities`	$4.52B	USD	Point-in-time
Commitments and Contingent Liabilities	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingent Liabilities	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value, authorized 10 million shares	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value, authorized 10 million shares	`PreferredStockValue`	-	USD	Point-in-time
Authorized - 600 million shares; par value $0.01 per share Issued - 175 million and 175 million shares (outstanding 131 million and 132 million shares)	`CommonStockValue`	$2.00M	USD	Point-in-time
Authorized - 600 million shares; par value $0.01 per share Issued - 175 million and 175 million shares (outstanding 131 million and 132 million shares)	`CommonStockValue`	$2.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$288.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$266.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.06B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.16B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-228.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-219.00M	USD	Point-in-time
Treasury stock at cost, 44 million and 43 million shares	`TreasuryStockValue`	$3.61B	USD	Point-in-time
Treasury stock at cost, 44 million and 43 million shares	`TreasuryStockValue`	$3.80B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-1.57B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-831.00M	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-225.00M	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-1.51B	USD	Point-in-time
Total liabilities and shareholders' deficit	`LiabilitiesAndStockholdersEquity`	$2.58B	USD	Point-in-time
Total liabilities and shareholders' deficit	`LiabilitiesAndStockholdersEquity`	$3.01B	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Excise taxes	`ExciseAndSalesTaxes`	$993.00M	USD	2 Qtrs
Net sales (including excise taxes of $526, $533, $993 and $1,012, respectively)	`SalesRevenueNet`	$1.73B	USD	1 Quarter
Net sales (including excise taxes of $526, $533, $993 and $1,012, respectively)	`SalesRevenueNet`	$1.69B	USD	1 Quarter
Excise taxes	`ExciseAndSalesTaxes`	$1.01B	USD	2 Qtrs
Net sales (including excise taxes of $526, $533, $993 and $1,012, respectively)	`SalesRevenueNet`	$3.26B	USD	2 Qtrs
Excise taxes	`ExciseAndSalesTaxes`	$526.00M	USD	1 Quarter
Excise taxes	`ExciseAndSalesTaxes`	$533.00M	USD	1 Quarter
Net sales (including excise taxes of $526, $533, $993 and $1,012, respectively)	`SalesRevenueNet`	$3.23B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$2.12B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$1.09B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.12B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$2.08B	USD	2 Qtrs
Gross profit	`GrossProfit`	$599.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.14B	USD	2 Qtrs
Gross profit	`GrossProfit`	$1.14B	USD	2 Qtrs
Gross profit	`GrossProfit`	$612.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$128.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$234.00M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$112.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$260.00M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$875.00M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$908.00M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$487.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$484.00M	USD	1 Quarter
Investment income	`InvestmentIncomeInterest`	$2.00M	USD	2 Qtrs
Investment income	`InvestmentIncomeInterest`	$2.00M	USD	2 Qtrs
Investment income	`InvestmentIncomeInterest`	-	USD	1 Quarter
Investment income	`InvestmentIncomeInterest`	$1.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$28.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$37.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$76.00M	USD	2 Qtrs
Interest expense	`InterestExpense`	$56.00M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$801.00M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$854.00M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$460.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$447.00M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$163.00M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$169.00M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$315.00M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$294.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$291.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$507.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$284.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$539.00M	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$3.75	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$2.05	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$3.88	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$2.17	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$3.87	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$2.17	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$3.75	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$2.05	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	141.79M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	130.34M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	143.28M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	130.18M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	130.49M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	143.57M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	141.96M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	130.66M	shares	2 Qtrs

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net of cash received from interest rate swaps	`PaymentsForProceedsFromDerivativeInstrumentFinancingActivities`	$-12.00M	USD	2 Qtrs
Net of cash received from interest rate swaps	`PaymentsForProceedsFromDerivativeInstrumentFinancingActivities`	$-12.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$291.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$507.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$284.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$539.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$20.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$19.00M	USD	2 Qtrs
Pension, health and life insurance contributions	`PensionAndOtherPostretirementBenefitContributions`	$20.00M	USD	2 Qtrs
Pension, health and life insurance contributions	`PensionAndOtherPostretirementBenefitContributions`	$18.00M	USD	2 Qtrs
Pension, health and life insurance benefits expense	`PensionAndOtherPostretirementBenefitExpense`	$15.00M	USD	2 Qtrs
Pension, health and life insurance benefits expense	`PensionAndOtherPostretirementBenefitExpense`	$22.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-5.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-1.00M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$9.00M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$7.00M	USD	2 Qtrs
Excess tax benefits from share-based payment arrangements	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$8.00M	USD	2 Qtrs
Excess tax benefits from share-based payment arrangements	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$3.00M	USD	2 Qtrs
Accounts and other receivables	`IncreaseDecreaseInAccountsReceivable`	$-3.00M	USD	2 Qtrs
Accounts and other receivables	`IncreaseDecreaseInAccountsReceivable`	$2.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$42.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$73.00M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$19.00M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$113.00M	USD	2 Qtrs
Settlement costs	`IncreaseDecreaseSettlementCostsLegal`	$-404.00M	USD	2 Qtrs
Settlement costs	`IncreaseDecreaseSettlementCostsLegal`	$-326.00M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-35.00M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-19.00M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-9.00M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.00M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-1.00M	USD	2 Qtrs
Net cash (provided by) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$63.00M	USD	2 Qtrs
Net cash (provided by) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$263.00M	USD	2 Qtrs
Business acquisition	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$135.00M	USD	2 Qtrs
Additions to plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$36.00M	USD	2 Qtrs
Additions to plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$26.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-26.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-171.00M	USD	2 Qtrs
Shares repurchased	`PaymentsForRepurchaseOfCommonStock`	$783.00M	USD	2 Qtrs
Shares repurchased	`PaymentsForRepurchaseOfCommonStock`	$188.00M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$373.00M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$405.00M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$7.00M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$5.00M	USD	2 Qtrs
Excess tax benefits from share-based payment arrangements	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$8.00M	USD	2 Qtrs
Excess tax benefits from share-based payment arrangements	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$3.00M	USD	2 Qtrs
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.15B	USD	2 Qtrs
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-580.00M	USD	2 Qtrs
Change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-688.00M	USD	2 Qtrs
Change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-909.00M	USD	2 Qtrs
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$1.63B	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$2.06B	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$1.15B	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$946.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.63B	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.06B	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.15B	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$946.00M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaidNet`	$352.00M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$315.00M	USD	2 Qtrs
Cash paid for interest, net of cash received from interest rate swaps of $12 and $12	`InterestPaidNet`	$72.00M	USD	2 Qtrs
Cash paid for interest, net of cash received from interest rate swaps of $12 and $12	`InterestPaidNet`	$54.00M	USD	2 Qtrs

Stockholders Equity 28 line items

Line Item	Tag	Value	Unit	Period
Defined benefit retirement plan gains (loss), net of tax expense	`OtherComprehensiveIncomeDefinedBenefitPlansTax`	$3.00M	USD	1 Quarter
Defined benefit retirement plan gains (loss), net of tax expense	`OtherComprehensiveIncomeDefinedBenefitPlansTax`	$-3.00M	USD	1 Quarter
Defined benefit retirement plan gains (loss), net of tax expense	`OtherComprehensiveIncomeDefinedBenefitPlansTax`	$-2.00M	USD	2 Qtrs
Defined benefit retirement plan gains (loss), net of tax expense	`OtherComprehensiveIncomeDefinedBenefitPlansTax`	$5.00M	USD	2 Qtrs
Dividends paid per share	`CommonStockDividendsPerShareCashPaid`	$3.10	USD	2 Qtrs
Dividends paid per share	`CommonStockDividendsPerShareCashPaid`	$2.60	USD	2 Qtrs
Beginning Balance	`StockholdersEquity`	$-1.57B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-831.00M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-225.00M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-1.51B	USD	Point-in-time
Net income	`NetIncomeLoss`	$291.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$507.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$284.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$539.00M	USD	2 Qtrs
Other comprehensive loss/income, net of tax benefit of $(2) and expense of $5	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-4.00M	USD	1 Quarter
Other comprehensive loss/income, net of tax benefit of $(2) and expense of $5	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease`	$9.00M	USD	2 Qtrs
Other comprehensive loss/income, net of tax benefit of $(2) and expense of $5	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-3.00M	USD	2 Qtrs
Other comprehensive loss/income, net of tax benefit of $(2) and expense of $5	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease`	$5.00M	USD	1 Quarter
Dividends paid ($2.60 and $3.10 per share)	`DividendsCommonStockCash`	$405.00M	USD	2 Qtrs
Dividends paid ($2.60 and $3.10 per share)	`DividendsCommonStockCash`	$373.00M	USD	2 Qtrs
Shares repurchased	`TreasuryStockValueAcquiredCostMethod`	$783.00M	USD	2 Qtrs
Shares repurchased	`TreasuryStockValueAcquiredCostMethod`	$188.00M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$22.00M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.00M	USD	2 Qtrs
Ending Balance	`StockholdersEquity`	$-1.57B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-831.00M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-225.00M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-1.51B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$539.00M	USD	2 Qtrs
Defined benefit retirement plan gains (loss), net of tax expense	`OtherComprehensiveIncomeDefinedBenefitPlansTax`	$3.00M	USD	1 Quarter
Net income	`ProfitLoss`	$291.00M	USD	1 Quarter
Net income	`ProfitLoss`	$284.00M	USD	1 Quarter
Defined benefit retirement plan gains (loss), net of tax expense	`OtherComprehensiveIncomeDefinedBenefitPlansTax`	$-3.00M	USD	1 Quarter
Defined benefit retirement plan gains (loss), net of tax expense	`OtherComprehensiveIncomeDefinedBenefitPlansTax`	$-2.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$507.00M	USD	2 Qtrs
Defined benefit retirement plan gains (loss), net of tax expense	`OtherComprehensiveIncomeDefinedBenefitPlansTax`	$5.00M	USD	2 Qtrs
Defined benefit retirement plan gains (loss), net of tax expense (benefit) of $3, $(3), $5, and $(2)	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-4.00M	USD	1 Quarter
Defined benefit retirement plan gains (loss), net of tax expense (benefit) of $3, $(3), $5, and $(2)	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease`	$9.00M	USD	2 Qtrs
Defined benefit retirement plan gains (loss), net of tax expense (benefit) of $3, $(3), $5, and $(2)	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-3.00M	USD	2 Qtrs
Defined benefit retirement plan gains (loss), net of tax expense (benefit) of $3, $(3), $5, and $(2)	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease`	$5.00M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease`	$-3.00M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease`	$9.00M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease`	$5.00M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease`	$-4.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$289.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$287.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$516.00M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$536.00M	USD	2 Qtrs

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