10-Q Filing

LORILLARD, INC. CIK: 1424847 Q3 2012

Filing Information

Form Type	10-Q
Accession Number	`0001193125-12-437327`
Period End Date	20120930
Filing Date	20121026
Fiscal Year	2012
Fiscal Period	Q3
XBRL Instance	lo-20120930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 81 Income Statement 60 Cash Flow Statement 66 Stockholders Equity 28 Comprehensive Income 20

Balance Sheet 81 line items

Line Item	Tag	Value	Unit	Period
Allowances, accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$3.00M	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
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.72B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.71B	USD	Point-in-time
Accounts receivable, less allowances of $3	`AccountsReceivableNetCurrent`	$10.00M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Accounts receivable, less allowances of $3	`AccountsReceivableNetCurrent`	$16.00M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Other receivables	`OtherReceivables`	$83.00M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other receivables	`OtherReceivables`	$28.00M	USD	Point-in-time
Inventories	`InventoryNet`	$277.00M	USD	Point-in-time
Inventories	`InventoryNet`	$416.00M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$538.00M	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
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$535.00M	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
Common stock, shares outstanding	`CommonStockSharesOutstanding`	130.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$107.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.82B	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	43.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.56B	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	45.00M	shares	Point-in-time
Plant and equipment, net	`PropertyPlantAndEquipmentNet`	$262.00M	USD	Point-in-time
Plant and equipment, net	`PropertyPlantAndEquipmentNet`	$283.00M	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`	$45.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$54.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$128.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$154.00M	USD	Point-in-time
Total assets	`Assets`	$3.42B	USD	Point-in-time
Total assets	`Assets`	$3.01B	USD	Point-in-time
Accounts and drafts payable	`AccountsPayableCurrent`	$33.00M	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`	$355.00M	USD	Point-in-time
Settlement costs	`SettlementCosts`	$1.07B	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`	$1.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.46B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.49B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.60B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$3.12B	USD	Point-in-time
Postretirement pension, medical and life insurance benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$360.00M	USD	Point-in-time
Postretirement pension, medical and life insurance benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$388.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$56.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$53.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.99B	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 130 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 130 million and 132 million shares)	`CommonStockValue`	$2.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$266.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$294.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.06B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.24B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-228.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-215.00M	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$3.61B	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$3.89B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-1.51B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-1.56B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-225.00M	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-1.17B	USD	Point-in-time
Total liabilities and shareholders' deficit	`LiabilitiesAndStockholdersEquity`	$3.01B	USD	Point-in-time
Total liabilities and shareholders' deficit	`LiabilitiesAndStockholdersEquity`	$3.42B	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Excise taxes	`ExciseAndSalesTaxes`	$1.49B	USD	3 Qtrs
Net sales (including excise taxes of $498, $509, $1,491 and $1,521,respectively)	`SalesRevenueNet`	$4.92B	USD	3 Qtrs
Excise taxes	`ExciseAndSalesTaxes`	$509.00M	USD	1 Quarter
Excise taxes	`ExciseAndSalesTaxes`	$1.52B	USD	3 Qtrs
Net sales (including excise taxes of $498, $509, $1,491 and $1,521,respectively)	`SalesRevenueNet`	$4.85B	USD	3 Qtrs
Net sales (including excise taxes of $498, $509, $1,491 and $1,521,respectively)	`SalesRevenueNet`	$1.62B	USD	1 Quarter
Net sales (including excise taxes of $498, $509, $1,491 and $1,521,respectively)	`SalesRevenueNet`	$1.66B	USD	1 Quarter
Excise taxes	`ExciseAndSalesTaxes`	$498.00M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$3.18B	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$1.06B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.06B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$3.14B	USD	3 Qtrs
Gross profit	`GrossProfit`	$563.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.71B	USD	3 Qtrs
Gross profit	`GrossProfit`	$1.74B	USD	3 Qtrs
Gross profit	`GrossProfit`	$602.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$122.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$108.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$342.00M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$382.00M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$480.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.36B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$1.36B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$455.00M	USD	1 Quarter
Investment income	`InvestmentIncomeInterest`	$2.00M	USD	3 Qtrs
Investment income	`InvestmentIncomeInterest`	$3.00M	USD	3 Qtrs
Investment income	`InvestmentIncomeInterest`	$1.00M	USD	1 Quarter
Investment income	`InvestmentIncomeInterest`	-	USD	1 Quarter
Interest expense	`InterestExpense`	$114.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$34.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$38.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$90.00M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$443.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.25B	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$421.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.27B	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$154.00M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$455.00M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$469.00M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$160.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$806.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$267.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$790.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$283.00M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$2.17	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$6.05	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$5.70	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$1.94	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.94	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$2.16	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$6.03	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$5.69	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	130.07M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	136.74M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	141.08M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	130.25M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	130.35M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	137.02M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	130.55M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	141.31M	shares	3 Qtrs

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net of cash received from interest rate swaps	`PaymentsForProceedsFromDerivativeInstrumentFinancingActivities`	$-18.00M	USD	3 Qtrs
Net of cash received from interest rate swaps	`PaymentsForProceedsFromDerivativeInstrumentFinancingActivities`	$-18.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$806.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$267.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$790.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$283.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$30.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$28.00M	USD	3 Qtrs
Pension and other postretirement benefits contributions	`PensionAndOtherPostretirementBenefitContributions`	$33.00M	USD	3 Qtrs
Pension and other postretirement benefits contributions	`PensionAndOtherPostretirementBenefitContributions`	$41.00M	USD	3 Qtrs
Pension and other postretirement benefits expense	`PensionAndOtherPostretirementBenefitExpense`	$22.00M	USD	3 Qtrs
Pension and other postretirement benefits expense	`PensionAndOtherPostretirementBenefitExpense`	$34.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-7.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-1.00M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$14.00M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$11.00M	USD	3 Qtrs
Excess tax benefits from share-based payment arrangements	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$9.00M	USD	3 Qtrs
Excess tax benefits from share-based payment arrangements	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$3.00M	USD	3 Qtrs
Accounts and other receivables	`IncreaseDecreaseInAccountsReceivable`	$9.00M	USD	3 Qtrs
Accounts and other receivables	`IncreaseDecreaseInAccountsReceivable`	$13.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$124.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$42.00M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$54.00M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-17.00M	USD	3 Qtrs
Settlement costs	`IncreaseDecreaseSettlementCostsLegal`	$-84.00M	USD	3 Qtrs
Settlement costs	`IncreaseDecreaseSettlementCostsLegal`	$-3.00M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-17.00M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-55.00M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-6.00M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$6.00M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-2.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$641.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$692.00M	USD	3 Qtrs
Business acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$135.00M	USD	3 Qtrs
Additions to plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$51.00M	USD	3 Qtrs
Additions to plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$33.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-33.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-186.00M	USD	3 Qtrs
Shares repurchased	`PaymentsForRepurchaseOfCommonStock`	$274.00M	USD	3 Qtrs
Shares repurchased	`PaymentsForRepurchaseOfCommonStock`	$1.22B	USD	3 Qtrs
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$500.00M	USD	3 Qtrs
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$750.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$608.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$550.00M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$6.00M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$6.00M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$5.00M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$7.00M	USD	3 Qtrs
Excess tax benefits from share-based payment arrangements	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$3.00M	USD	3 Qtrs
Excess tax benefits from share-based payment arrangements	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$9.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.02B	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-374.00M	USD	3 Qtrs
Change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$81.00M	USD	3 Qtrs
Change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-358.00M	USD	3 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`	$1.72B	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$1.71B	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`	$1.72B	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.71B	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaidNet`	$528.00M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$471.00M	USD	3 Qtrs
Cash paid for interest, net of cash received from interest rate swaps of $18 and $18	`InterestPaidNet`	$49.00M	USD	3 Qtrs
Cash paid for interest, net of cash received from interest rate swaps of $18 and $18	`InterestPaidNet`	$84.00M	USD	3 Qtrs

Stockholders Equity 28 line items

Line Item	Tag	Value	Unit	Period
Defined benefit retirement plan gains (loss), net of tax expense	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-1.00M	USD	3 Qtrs
Defined benefit retirement plan gains (loss), net of tax expense	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$7.00M	USD	3 Qtrs
Defined benefit retirement plan gains (loss), net of tax expense	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$2.00M	USD	1 Quarter
Defined benefit retirement plan gains (loss), net of tax expense	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$1.00M	USD	1 Quarter
Dividends paid per share	`CommonStockDividendsPerShareCashPaid`	$4.65	USD	3 Qtrs
Dividends paid per share	`CommonStockDividendsPerShareCashPaid`	$3.90	USD	3 Qtrs
Beginning Balance	`StockholdersEquity`	$-1.51B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-1.56B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-225.00M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-1.17B	USD	Point-in-time
Net income	`NetIncomeLoss`	$806.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$267.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$790.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$283.00M	USD	1 Quarter
Other comprehensive loss/income, net of tax benefit of $(1) and expense of $7	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$13.00M	USD	3 Qtrs
Other comprehensive loss/income, net of tax benefit of $(1) and expense of $7	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-2.00M	USD	3 Qtrs
Other comprehensive loss/income, net of tax benefit of $(1) and expense of $7	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$4.00M	USD	1 Quarter
Other comprehensive loss/income, net of tax benefit of $(1) and expense of $7	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$1.00M	USD	1 Quarter
Dividends paid ($3.90 and $4.65 per share)	`DividendsCommonStockCash`	$550.00M	USD	3 Qtrs
Dividends paid ($3.90 and $4.65 per share)	`DividendsCommonStockCash`	$608.00M	USD	3 Qtrs
Shares repurchased	`TreasuryStockValueAcquiredCostMethod`	$274.00M	USD	3 Qtrs
Shares repurchased	`TreasuryStockValueAcquiredCostMethod`	$1.22B	USD	3 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$18.00M	USD	3 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$28.00M	USD	3 Qtrs
Ending Balance	`StockholdersEquity`	$-1.51B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-1.56B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-225.00M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-1.17B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$267.00M	USD	1 Quarter
Defined benefit retirement plan gains (loss), net of tax expense	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-1.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$790.00M	USD	3 Qtrs
Defined benefit retirement plan gains (loss), net of tax expense	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$7.00M	USD	3 Qtrs
Defined benefit retirement plan gains (loss), net of tax expense	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$2.00M	USD	1 Quarter
Defined benefit retirement plan gains (loss), net of tax expense	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$1.00M	USD	1 Quarter
Net income	`ProfitLoss`	$283.00M	USD	1 Quarter
Net income	`ProfitLoss`	$806.00M	USD	3 Qtrs
Defined benefit retirement plan gain (loss), net of tax expense (benefit) of $2, $1, $7 and $(1)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$13.00M	USD	3 Qtrs
Defined benefit retirement plan gain (loss), net of tax expense (benefit) of $2, $1, $7 and $(1)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-2.00M	USD	3 Qtrs
Defined benefit retirement plan gain (loss), net of tax expense (benefit) of $2, $1, $7 and $(1)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$4.00M	USD	1 Quarter
Defined benefit retirement plan gain (loss), net of tax expense (benefit) of $2, $1, $7 and $(1)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$1.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$4.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-2.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$13.00M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$803.00M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$268.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$804.00M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$287.00M	USD	1 Quarter

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