10-Q Filing

LORILLARD, INC. CIK: 1424847 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0001193125-14-286056`
Period End Date	20140630
Filing Date	20140730
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	lo-20140630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 87 Income Statement 67 Cash Flow Statement 69 Stockholders Equity 26 Comprehensive Income 18

Balance Sheet 87 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.00M	USD	Point-in-time
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$3.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.45B	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`	$1.64B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$709.00M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$157.00M	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
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$172.00M	USD	Point-in-time
Accounts receivable, less allowances of $2 and $3	`AccountsReceivableNetCurrent`	$25.00M	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
Accounts receivable, less allowances of $2 and $3	`AccountsReceivableNetCurrent`	$19.00M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$29.00M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$19.00M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Inventories	`InventoryNet`	$499.00M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	383.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	382.00M	shares	Point-in-time
Inventories	`InventoryNet`	$475.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$555.00M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	365.00M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$549.00M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	360.00M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	17.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$23.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$104.00M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	23.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.74B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.05B	USD	Point-in-time
Plant and equipment, net	`PropertyPlantAndEquipmentNet`	$316.00M	USD	Point-in-time
Plant and equipment, net	`PropertyPlantAndEquipmentNet`	$312.00M	USD	Point-in-time
Long-term investments	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$93.00M	USD	Point-in-time
Long-term investments	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$126.00M	USD	Point-in-time
Goodwill	`Goodwill`	$103.00M	USD	Point-in-time
Goodwill	`Goodwill`	$102.00M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$76.00M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$87.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$58.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$51.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$151.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$165.00M	USD	Point-in-time
Total assets	`Assets`	$2.89B	USD	Point-in-time
Total assets	`Assets`	$3.33B	USD	Point-in-time
Total assets	`Assets`	$3.54B	USD	Point-in-time
Accounts and drafts payable	`AccountsPayableCurrent`	$42.00M	USD	Point-in-time
Accounts and drafts payable	`AccountsPayableCurrent`	$33.00M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$366.00M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$377.00M	USD	Point-in-time
Settlement costs	`SettlementCosts`	$1.22B	USD	Point-in-time
Settlement costs	`SettlementCosts`	$753.00M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$1.00M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$8.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.15B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.65B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$3.56B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$3.57B	USD	Point-in-time
Postretirement pension, medical and life insurance benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$311.00M	USD	Point-in-time
Postretirement pension, medical and life insurance benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$305.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$84.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$91.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.12B	USD	Point-in-time
Total liabilities	`Liabilities`	$5.60B	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-383 million and 382 million shares (outstanding 360 million and 365 million shares)	`CommonStockValue`	$4.00M	USD	Point-in-time
Authorized-600 million shares; par value-$0.01 per share Issued-383 million and 382 million shares (outstanding 360 million and 365 million shares)	`CommonStockValue`	$4.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$256.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$275.00M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.31B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.44B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-124.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-130.00M	USD	Point-in-time
Treasury stock at cost, 23 million and 17 million shares	`TreasuryStockValue`	$756.00M	USD	Point-in-time
Treasury stock at cost, 23 million and 17 million shares	`TreasuryStockValue`	$1.07B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-2.23B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-1.78B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-1.85B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-2.06B	USD	Point-in-time
Total liabilities and shareholders' deficit	`LiabilitiesAndStockholdersEquity`	$3.54B	USD	Point-in-time
Total liabilities and shareholders' deficit	`LiabilitiesAndStockholdersEquity`	$2.89B	USD	Point-in-time

Income Statement 67 line items

Line Item	Tag	Value	Unit	Period
Net sales (including excise taxes of $502, $516, $947 and $971, respectively)	`SalesRevenueNet`	$1.80B	USD	1 Quarter
Excise taxes	`ExciseAndSalesTaxes`	$502.00M	USD	1 Quarter
Net sales (including excise taxes of $502, $516, $947 and $971, respectively)	`SalesRevenueNet`	$1.80B	USD	1 Quarter
Excise taxes	`ExciseAndSalesTaxes`	$971.00M	USD	2 Qtrs
Excise taxes	`ExciseAndSalesTaxes`	$516.00M	USD	1 Quarter
Excise taxes	`ExciseAndSalesTaxes`	$947.00M	USD	2 Qtrs
Net sales (including excise taxes of $502, $516, $947 and $971, respectively)	`SalesRevenueNet`	$3.38B	USD	2 Qtrs
Net sales (including excise taxes of $502, $516, $947 and $971, respectively)	`SalesRevenueNet`	$3.39B	USD	2 Qtrs
Cost of sales (including excise taxes of $502, $516, $947 and $971, respectively)	`CostOfGoodsAndServicesSold`	$2.09B	USD	2 Qtrs
Excise taxes	`ExciseAndSalesTaxes`	$502.00M	USD	1 Quarter
Excise taxes	`ExciseAndSalesTaxes`	$971.00M	USD	2 Qtrs
Excise taxes	`ExciseAndSalesTaxes`	$516.00M	USD	1 Quarter
Excise taxes	`ExciseAndSalesTaxes`	$947.00M	USD	2 Qtrs
Cost of sales (including excise taxes of $502, $516, $947 and $971, respectively)	`CostOfGoodsAndServicesSold`	$1.99B	USD	2 Qtrs
Cost of sales (including excise taxes of $502, $516, $947 and $971, respectively)	`CostOfGoodsAndServicesSold`	$1.13B	USD	1 Quarter
Cost of sales (including excise taxes of $502, $516, $947 and $971, respectively)	`CostOfGoodsAndServicesSold`	$1.12B	USD	1 Quarter
Gross profit	`GrossProfit`	$678.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.39B	USD	2 Qtrs
Gross profit	`GrossProfit`	$1.30B	USD	2 Qtrs
Gross profit	`GrossProfit`	$683.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$297.00M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$290.00M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$151.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$138.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$540.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.10B	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$532.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.00B	USD	2 Qtrs
Investment income (loss)	`InvestmentIncomeNet`	$1.00M	USD	2 Qtrs
Investment income (loss)	`InvestmentIncomeNet`	$6.00M	USD	2 Qtrs
Investment income (loss)	`InvestmentIncomeNet`	$-2.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$90.00M	USD	2 Qtrs
Interest expense	`InterestExpense`	$41.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$45.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$82.00M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$920.00M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$499.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$485.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.02B	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$380.00M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$186.00M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$185.00M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$349.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$313.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$571.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$640.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$300.00M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.83	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.58	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$1.69	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.83	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.69	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.57	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.83	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.83	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	375.86M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	377.22M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	360.31M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	361.22M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	378.00M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	361.83M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	376.61M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	360.93M	shares	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$1.23	USD	2 Qtrs
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.62	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$1.10	USD	2 Qtrs
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.55	USD	1 Quarter

Cash Flow Statement 69 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`	$313.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$571.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$640.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$300.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$37.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$18.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$12.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$23.00M	USD	2 Qtrs
Pension and other postretirement benefits contributions	`PensionAndOtherPostretirementBenefitContributions`	$22.00M	USD	2 Qtrs
Pension and other postretirement benefits contributions	`PensionAndOtherPostretirementBenefitContributions`	$6.00M	USD	2 Qtrs
Pension and other postretirement benefits expense	`PensionAndOtherPostretirementBenefitExpense`	$9.00M	USD	2 Qtrs
Pension and other postretirement benefits expense	`PensionAndOtherPostretirementBenefitExpense`	$18.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-3.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-4.00M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$9.00M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$9.00M	USD	2 Qtrs
Excess tax benefits from share-based payment arrangements	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$7.00M	USD	2 Qtrs
Excess tax benefits from share-based payment arrangements	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$8.00M	USD	2 Qtrs
Accounts and other receivables	`IncreaseDecreaseInAccountsReceivable`	$6.00M	USD	2 Qtrs
Accounts and other receivables	`IncreaseDecreaseInAccountsReceivable`	$-6.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$24.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-25.00M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-20.00M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$5.00M	USD	2 Qtrs
Settlement costs	`IncreaseDecreaseSettlementCostsLegal`	$-434.00M	USD	2 Qtrs
Settlement costs	`IncreaseDecreaseSettlementCostsLegal`	$-471.00M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-60.00M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-27.00M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-7.00M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$14.00M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-3.00M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-1.00M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$75.00M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$182.00M	USD	2 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$337.00M	USD	2 Qtrs
Additions to plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$22.00M	USD	2 Qtrs
Additions to plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$34.00M	USD	2 Qtrs
Sales, maturities and calls of investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	-	USD	2 Qtrs
Sales, maturities and calls of investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$289.00M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-34.00M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-70.00M	USD	2 Qtrs
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$500.00M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$446.00M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$417.00M	USD	2 Qtrs
Shares repurchased	`PaymentsForRepurchaseOfCommonStock`	$318.00M	USD	2 Qtrs
Shares repurchased	`PaymentsForRepurchaseOfCommonStock`	$314.00M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$4.00M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.00M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.00M	USD	2 Qtrs
Excess tax benefits from share-based payment arrangements	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$7.00M	USD	2 Qtrs
Excess tax benefits from share-based payment arrangements	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$8.00M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-750.00M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-230.00M	USD	2 Qtrs
Change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-82.00M	USD	2 Qtrs
Change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-745.00M	USD	2 Qtrs
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$1.45B	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`	$1.64B	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$709.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.45B	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`	$1.64B	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$709.00M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaidNet`	$409.00M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$413.00M	USD	2 Qtrs
Cash paid for interest, net of cash received from interest rate swaps of $12 and $12	`InterestPaidNet`	$78.00M	USD	2 Qtrs
Cash paid for interest, net of cash received from interest rate swaps of $12 and $12	`InterestPaidNet`	$87.00M	USD	2 Qtrs

Stockholders Equity 26 line items

Line Item	Tag	Value	Unit	Period
Other comprehensive (loss) income, tax expense	`OtherComprehensiveIncomeLossTax`	$3.00M	USD	2 Qtrs
Dividends paid per share	`CommonStockDividendsPerShareCashPaid`	$1.23	USD	2 Qtrs
Dividends paid per share	`CommonStockDividendsPerShareCashPaid`	$1.10	USD	2 Qtrs
Beginning Balance	`StockholdersEquity`	$-2.23B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-1.78B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-1.85B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-2.06B	USD	Point-in-time
Net income	`NetIncomeLoss`	$313.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$571.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$640.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$300.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax expense of $3 in 2014 and $- in 2013	`OtherComprehensiveIncomeLossNetOfTax`	$6.00M	USD	2 Qtrs
Other comprehensive income (loss), net of tax expense of $3 in 2014 and $- in 2013	`OtherComprehensiveIncomeLossNetOfTax`	$3.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax expense of $3 in 2014 and $- in 2013	`OtherComprehensiveIncomeLossNetOfTax`	$-1.00M	USD	2 Qtrs
Dividends paid ($1.23 per share) in 2014 and ($1.10 per share) in 2013	`DividendsCommonStockCash`	$417.00M	USD	2 Qtrs
Dividends paid ($1.23 per share) in 2014 and ($1.10 per share) in 2013	`DividendsCommonStockCash`	$446.00M	USD	2 Qtrs
Shares repurchased	`TreasuryStockValueAcquiredCostMethod`	$318.00M	USD	2 Qtrs
Shares repurchased	`TreasuryStockValueAcquiredCostMethod`	$314.00M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.00M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.00M	USD	2 Qtrs
Excess tax benefit on share-based compensation	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$8.00M	USD	2 Qtrs
Excess tax benefit on share-based compensation	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$7.00M	USD	2 Qtrs
Ending Balance	`StockholdersEquity`	$-2.23B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-1.78B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-1.85B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-2.06B	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Defined benefit retirement plan gains, tax expense	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$1.00M	USD	1 Quarter
Defined benefit retirement plan gains, tax expense	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$2.00M	USD	2 Qtrs
Defined benefit retirement plan gains, tax expense	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-2.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$313.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$571.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$640.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$300.00M	USD	1 Quarter
Foreign currency translation adjustments, tax expense	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$1.00M	USD	2 Qtrs
Defined benefit retirement plan gains (losses), net of tax expense (benefit) of $1, $(2), $2 and $-	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$1.00M	USD	2 Qtrs
Defined benefit retirement plan gains (losses), net of tax expense (benefit) of $1, $(2), $2 and $-	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-2.00M	USD	1 Quarter
Defined benefit retirement plan gains (losses), net of tax expense (benefit) of $1, $(2), $2 and $-	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$5.00M	USD	1 Quarter
Defined benefit retirement plan gains (losses), net of tax expense (benefit) of $1, $(2), $2 and $-	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-4.00M	USD	2 Qtrs
Foreign currency translation adjustments, net of tax expense of $- , $- , $1 and $-	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.00M	USD	2 Qtrs
Foreign currency translation adjustments, net of tax expense of $- , $- , $1 and $-	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$308.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$577.00M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$639.00M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$303.00M	USD	1 Quarter

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