10-Q Filing

Keysight Technologies, Inc. CIK: 1601046 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0001601046-19-000038`
Period End Date	20190731
Filing Date	20190830
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	keys-07312019x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 68 Cash Flow Statement 74 Stockholders Equity 40 Comprehensive Income 60

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$913.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.39B	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$624.00M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$618.00M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Inventory	`InventoryNet`	$619.00M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Inventory	`InventoryNet`	$696.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$222.00M	USD	Point-in-time
Preferred stock, issued and outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$227.00M	USD	Point-in-time
Preferred stock, issued and outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.38B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.94B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$568.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$555.00M	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	194.00M	shares	Point-in-time
Goodwill	`Goodwill`	$1.21B	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	191.00M	shares	Point-in-time
Goodwill	`Goodwill`	$1.17B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$546.00M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$645.00M	USD	Point-in-time
Treasury Stock, Shares	`TreasuryStockShares`	4.40M	shares	Point-in-time
Treasury Stock, Shares	`TreasuryStockShares`	6.20M	shares	Point-in-time
Long-term investments	`LongTermInvestments`	$46.00M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$46.00M	USD	Point-in-time
Long-term deferred tax assets	`DeferredTaxAssetsGrossNoncurrent`	$750.00M	USD	Point-in-time
Long-term deferred tax assets	`DeferredTaxAssetsGrossNoncurrent`	$703.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$341.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$279.00M	USD	Point-in-time
Total assets	`Assets`	$6.35B	USD	Point-in-time
Total assets	`Assets`	$5.82B	USD	Point-in-time
Short-term debt	`DebtCurrent`	$500.00M	USD	Point-in-time
Short-term debt	`DebtCurrent`	$499.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$247.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$242.00M	USD	Point-in-time
Employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$276.00M	USD	Point-in-time
Employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$223.00M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$324.00M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$334.00M	USD	Point-in-time
Income and other taxes payable	`TaxesPayableCurrent`	$42.00M	USD	Point-in-time
Income and other taxes payable	`TaxesPayableCurrent`	$48.00M	USD	Point-in-time
Other accrued liabilities	`OtherLiabilitiesCurrent`	$90.00M	USD	Point-in-time
Other accrued liabilities	`OtherLiabilitiesCurrent`	$69.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.43B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.46B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.29B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.29B	USD	Point-in-time
Retirement and post-retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$224.00M	USD	Point-in-time
Retirement and post-retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$212.00M	USD	Point-in-time
Long-term deferred revenue	`DeferredRevenueNoncurrent`	$127.00M	USD	Point-in-time
Long-term deferred revenue	`DeferredRevenueNoncurrent`	$177.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$297.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$287.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.41B	USD	Point-in-time
Total liabilities	`Liabilities`	$3.39B	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock; $0.01 par value; 100 million shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock; $0.01 par value; 100 million shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock; $0.01 par value; 1 billion shares authorized; 194 million shares at July 31, 2019 and 191 million shares at October 31, 2018 issued	`CommonStockValue`	$2.00M	USD	Point-in-time
Common stock; $0.01 par value; 1 billion shares authorized; 194 million shares at July 31, 2019 and 191 million shares at October 31, 2018 issued	`CommonStockValue`	$2.00M	USD	Point-in-time
Treasury stock at cost; 6.2 million shares at July 31, 2019 and 4.4 million shares at October 31, 2018	`TreasuryStockValue`	$182.00M	USD	Point-in-time
Treasury stock at cost; 6.2 million shares at July 31, 2019 and 4.4 million shares at October 31, 2018	`TreasuryStockValue`	$312.00M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$1.89B	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$1.99B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.21B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.71B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-488.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-457.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-460.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-449.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-461.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-419.00M	USD	Point-in-time
Total stockholder's equity	`StockholdersEquity`	$2.43B	USD	Point-in-time
Total stockholder's equity	`StockholdersEquity`	$2.94B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.82B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$6.35B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$1.00B	USD	1 Quarter
Revenues	`Revenues`	$3.18B	USD	3 Qtrs
Revenues	`Revenues`	$1.09B	USD	1 Quarter
Revenues	`Revenues`	$2.83B	USD	3 Qtrs
Cost of Goods and Services Sold	`CostOfGoodsAndServicesSold`	$444.00M	USD	1 Quarter
Cost of Goods and Services Sold	`CostOfGoodsAndServicesSold`	$1.30B	USD	3 Qtrs
Cost of Goods and Services Sold	`CostOfGoodsAndServicesSold`	$442.00M	USD	1 Quarter
Cost of Goods and Services Sold	`CostOfGoodsAndServicesSold`	$1.31B	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$154.00M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$512.00M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$168.00M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$464.00M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$281.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$869.00M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$294.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$894.00M	USD	3 Qtrs
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$3.00M	USD	1 Quarter
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$3.00M	USD	1 Quarter
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$15.00M	USD	3 Qtrs
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$18.00M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$887.00M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$890.00M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$2.68B	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$2.65B	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$186.00M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$197.00M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$117.00M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$503.00M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$7.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$17.00M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$8.00M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$3.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$20.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$20.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$60.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$63.00M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$52.00M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$42.00M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$15.00M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$13.00M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$113.00M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$173.00M	USD	3 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$512.00M	USD	3 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$199.00M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-8.00M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$40.00M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-106.00M	USD	3 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$86.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$121.00M	USD	1 Quarter
Net income	`ProfitLoss`	$279.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$159.00M	USD	1 Quarter
Net income	`ProfitLoss`	$426.00M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.49	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.64	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.85	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.27	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.83	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.46	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.63	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.23	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	187.00M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	188.00M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	188.00M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	188.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	191.00M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	191.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	191.00M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	191.00M	shares	1 Quarter

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Proceeds from sale of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$7.00M	USD	3 Qtrs
Proceeds from sale of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	-	USD	3 Qtrs
Net Income	`ProfitLoss`	$121.00M	USD	1 Quarter
Net Income	`ProfitLoss`	$279.00M	USD	3 Qtrs
Net Income	`ProfitLoss`	$159.00M	USD	1 Quarter
Net Income	`ProfitLoss`	$426.00M	USD	3 Qtrs
Depreciation	`Depreciation`	$72.00M	USD	3 Qtrs
Depreciation	`Depreciation`	$78.00M	USD	3 Qtrs
Amortization	`AdjustmentForAmortization`	$157.00M	USD	3 Qtrs
Amortization	`AdjustmentForAmortization`	$155.00M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$66.00M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$48.00M	USD	3 Qtrs
Deferred tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$14.00M	USD	3 Qtrs
Deferred tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-227.00M	USD	3 Qtrs
Excess and obsolete inventory-related charges	`InventoryWriteDown`	$20.00M	USD	3 Qtrs
Excess and obsolete inventory-related charges	`InventoryWriteDown`	$20.00M	USD	3 Qtrs
Gain on divestiture	`GainLossOnDispositionOfAssets1`	$1.00M	USD	3 Qtrs
Gain on divestiture	`GainLossOnDispositionOfAssets1`	$8.00M	USD	3 Qtrs
Other non-cash expense (income), net	`OtherNoncashIncomeExpense`	$-9.00M	USD	3 Qtrs
Other non-cash expense (income), net	`OtherNoncashIncomeExpense`	$4.00M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-25.00M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$55.00M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$43.00M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$78.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$10.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$13.00M	USD	3 Qtrs
Employee compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-2.00M	USD	3 Qtrs
Employee compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-55.00M	USD	3 Qtrs
Deferred Revenue	`IncreaseDecreaseInDeferredRevenue`	$65.00M	USD	3 Qtrs
Deferred Revenue	`IncreaseDecreaseInDeferredRevenue`	$103.00M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-11.00M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$96.00M	USD	3 Qtrs
Retirement and post-retirement benefits	`IncreaseDecreaseInPensionAndPostretirementObligations`	$-116.00M	USD	3 Qtrs
Retirement and post-retirement benefits	`IncreaseDecreaseInPensionAndPostretirementObligations`	$-33.00M	USD	3 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-24.00M	USD	3 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-8.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$735.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$320.00M	USD	3 Qtrs
Investments in property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$98.00M	USD	3 Qtrs
Investments in property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$90.00M	USD	3 Qtrs
Payments to Acquire Businesses, Net of Cash Acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$90.00M	USD	3 Qtrs
Payments to Acquire Businesses, Net of Cash Acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$5.00M	USD	3 Qtrs
Proceeds from divestiture	`ProceedsFromDivestitureOfBusinesses`	$2.00M	USD	3 Qtrs
Proceeds from divestiture	`ProceedsFromDivestitureOfBusinesses`	$12.00M	USD	3 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	3 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-2.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-91.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-169.00M	USD	3 Qtrs
Proceeds from issuance of common stock under employee stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$62.00M	USD	3 Qtrs
Proceeds from issuance of common stock under employee stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$65.00M	USD	3 Qtrs
Payment of taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$26.00M	USD	3 Qtrs
Payment of taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$18.00M	USD	3 Qtrs
Payment of acquisition-related contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	3 Qtrs
Payment of acquisition-related contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$6.00M	USD	3 Qtrs
Proceeds from credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	-	USD	3 Qtrs
Proceeds from credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$40.00M	USD	3 Qtrs
Repayment of debt and credit facility	`ProceedsFromRepaymentsOfDebt`	$-300.00M	USD	3 Qtrs
Repayment of debt and credit facility	`ProceedsFromRepaymentsOfDebt`	-	USD	3 Qtrs
Treasury stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$130.00M	USD	3 Qtrs
Treasury stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$80.00M	USD	3 Qtrs
Net Cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-302.00M	USD	3 Qtrs
Net Cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-91.00M	USD	3 Qtrs
Effect of exchange rate movements	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-3.00M	USD	3 Qtrs
Effect of exchange rate movements	`EffectOfExchangeRateOnCashAndCashEquivalents`	$4.00M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$479.00M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-76.00M	USD	3 Qtrs
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$820.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.40B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$744.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$917.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$820.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.40B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$744.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$917.00M	USD	Point-in-time

Stockholders Equity 40 line items

Line Item	Tag	Value	Unit	Period
Treasury Stock, Shares	`TreasuryStockShares`	4.40M	shares	Point-in-time
Treasury Stock, Shares	`TreasuryStockShares`	6.20M	shares	Point-in-time
Stockholders' Equity, Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.94B	USD	Point-in-time
Stockholders' Equity, Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.31B	USD	Point-in-time
Stockholders' Equity, Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.61B	USD	Point-in-time
Stockholders' Equity, Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.43B	USD	Point-in-time
Stockholders' Equity, Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.52B	USD	Point-in-time
Stockholders' Equity, Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.80B	USD	Point-in-time
Cumulative Effect of New Accounting Principle in Period of Adoption	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$6.00M	USD	Point-in-time
Cumulative Effect of New Accounting Principle in Period of Adoption	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$76.00M	USD	Point-in-time
Issuance of common stock ($)	`AdjustmentsToAdditionalPaidInCapitalMarkToMarket`	$39.00M	USD	3 Qtrs
Issuance of common stock ($)	`AdjustmentsToAdditionalPaidInCapitalMarkToMarket`	$42.00M	USD	3 Qtrs
Issuance of common stock ($)	`AdjustmentsToAdditionalPaidInCapitalMarkToMarket`	$25.00M	USD	1 Quarter
Issuance of common stock ($)	`AdjustmentsToAdditionalPaidInCapitalMarkToMarket`	$24.00M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$48.00M	USD	3 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.00M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.00M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$66.00M	USD	3 Qtrs
Net Income	`ProfitLoss`	$121.00M	USD	1 Quarter
Net Income	`ProfitLoss`	$279.00M	USD	3 Qtrs
Net Income	`ProfitLoss`	$159.00M	USD	1 Quarter
Net Income	`ProfitLoss`	$426.00M	USD	3 Qtrs
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$1.00M	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$8.00M	USD	3 Qtrs
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$-30.00M	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$28.00M	USD	3 Qtrs
Treasury Stock, Shares, Acquired	`TreasuryStockSharesAcquired`	1.44M	shares	3 Qtrs
Treasury Stock, Shares, Acquired	`TreasuryStockSharesAcquired`	1.79M	shares	3 Qtrs
Treasury Stock, Value, Acquired, Cost Method	`TreasuryStockValueAcquiredCostMethod`	$40.00M	USD	1 Quarter
Treasury Stock, Value, Acquired, Cost Method	`TreasuryStockValueAcquiredCostMethod`	$60.00M	USD	1 Quarter
Treasury Stock, Value, Acquired, Cost Method	`TreasuryStockValueAcquiredCostMethod`	$130.00M	USD	3 Qtrs
Treasury Stock, Value, Acquired, Cost Method	`TreasuryStockValueAcquiredCostMethod`	$80.00M	USD	3 Qtrs
Treasury Stock, Shares	`TreasuryStockShares`	4.40M	shares	Point-in-time
Treasury Stock, Shares	`TreasuryStockShares`	6.20M	shares	Point-in-time
Stockholders' Equity, Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.94B	USD	Point-in-time
Stockholders' Equity, Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.31B	USD	Point-in-time
Stockholders' Equity, Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.61B	USD	Point-in-time
Stockholders' Equity, Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.43B	USD	Point-in-time
Stockholders' Equity, Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.52B	USD	Point-in-time
Stockholders' Equity, Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.80B	USD	Point-in-time

Comprehensive Income 60 line items

Line Item	Tag	Value	Unit	Period
Unrealized gain (loss) on investments, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$1.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$121.00M	USD	1 Quarter
Net income	`ProfitLoss`	$279.00M	USD	3 Qtrs
Unrealized gain (loss) on investments, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	-	USD	1 Quarter
Unrealized gain (loss) on investments, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	-	USD	1 Quarter
Net income	`ProfitLoss`	$159.00M	USD	1 Quarter
Net income	`ProfitLoss`	$426.00M	USD	3 Qtrs
Unrealized gain (loss) on investments, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	-	USD	3 Qtrs
Unrealized gain (loss) on derivative instruments, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	-	USD	1 Quarter
Unrealized gain (loss) on investments, net of tax benefit of zero, zero, zero and $1	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-7.00M	USD	1 Quarter
Unrealized gain (loss) on investments, net of tax benefit of zero, zero, zero and $1	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Unrealized gain (loss) on derivative instruments, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	-	USD	3 Qtrs
Unrealized gain (loss) on derivative instruments, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$-1.00M	USD	1 Quarter
Unrealized gain (loss) on derivative instruments, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$-1.00M	USD	3 Qtrs
Unrealized gain (loss) on investments, net of tax benefit of zero, zero, zero and $1	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	3 Qtrs
Unrealized gain (loss) on investments, net of tax benefit of zero, zero, zero and $1	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-9.00M	USD	3 Qtrs
Amounts reclassified into earnings related to derivative instruments, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	-	USD	3 Qtrs
Amounts reclassified into earnings related to derivative instruments, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$1.00M	USD	1 Quarter
Unrealized gain (loss) on derivative instruments, net of tax benefit (expense) of zero, $(1), zero and $(1)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-3.00M	USD	3 Qtrs
Unrealized gain (loss) on derivative instruments, net of tax benefit (expense) of zero, $(1), zero and $(1)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-1.00M	USD	1 Quarter
Amounts reclassified into earnings related to derivative instruments, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$1.00M	USD	3 Qtrs
Unrealized gain (loss) on derivative instruments, net of tax benefit (expense) of zero, $(1), zero and $(1)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	-	USD	1 Quarter
Unrealized gain (loss) on derivative instruments, net of tax benefit (expense) of zero, $(1), zero and $(1)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$2.00M	USD	3 Qtrs
Amounts reclassified into earnings related to derivative instruments, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	-	USD	1 Quarter
Foreign currency translation, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Amounts reclassified into earnings related to derivative instruments, net of tax benefit (expense) of zero, $1, zero and $1	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-1.00M	USD	3 Qtrs
Foreign currency translation, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	3 Qtrs
Foreign currency translation, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	3 Qtrs
Amounts reclassified into earnings related to derivative instruments, net of tax benefit (expense) of zero, $1, zero and $1	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	-	USD	1 Quarter
Foreign currency translation, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Amounts reclassified into earnings related to derivative instruments, net of tax benefit (expense) of zero, $1, zero and $1	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	-	USD	1 Quarter
Amounts reclassified into earnings related to derivative instruments, net of tax benefit (expense) of zero, $1, zero and $1	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$3.00M	USD	3 Qtrs
Foreign currency translation, net of tax benefit (expense) of zero	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$10.00M	USD	3 Qtrs
Foreign currency translation, net of tax benefit (expense) of zero	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-4.00M	USD	1 Quarter
Foreign currency translation, net of tax benefit (expense) of zero	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-29.00M	USD	1 Quarter
Foreign currency translation, net of tax benefit (expense) of zero	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-1.00M	USD	3 Qtrs
Change in actuarial net loss, tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax`	$4.00M	USD	1 Quarter
Change in actuarial net loss, tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax`	$3.00M	USD	1 Quarter
Change in actuarial net loss, tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax`	$10.00M	USD	3 Qtrs
Change in actuarial net loss, tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax`	$11.00M	USD	3 Qtrs
Change in net prior service credit, tax	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax`	$4.00M	USD	3 Qtrs
Change in actuarial net loss, net of tax expense of $3, $4, $10 and $11	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-9.00M	USD	1 Quarter
Change in net prior service credit, tax	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax`	$2.00M	USD	1 Quarter
Change in actuarial net loss, net of tax expense of $3, $4, $10 and $11	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-30.00M	USD	3 Qtrs
Change in net prior service credit, tax	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax`	$5.00M	USD	3 Qtrs
Change in net prior service credit, tax	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax`	$2.00M	USD	1 Quarter
Change in actuarial net loss, net of tax expense of $3, $4, $10 and $11	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-9.00M	USD	1 Quarter
Change in actuarial net loss, net of tax expense of $3, $4, $10 and $11	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-30.00M	USD	3 Qtrs
Change in net prior service credit, net of tax benefit of $2, $2, $4 and $5	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$-3.00M	USD	1 Quarter
Change in net prior service credit, net of tax benefit of $2, $2, $4 and $5	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$-10.00M	USD	3 Qtrs
Change in net prior service credit, net of tax benefit of $2, $2, $4 and $5	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$-3.00M	USD	1 Quarter
Change in net prior service credit, net of tax benefit of $2, $2, $4 and $5	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$-11.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$8.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-30.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$28.00M	USD	3 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$160.00M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$91.00M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$287.00M	USD	3 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$454.00M	USD	3 Qtrs

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