10-Q Filing

Keysight Technologies, Inc. CIK: 1601046 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001601046-23-000073`
Period End Date	20230731
Filing Date	20230830
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	keys-20230731_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 68 Cash Flow Statement 76 Stockholders Equity 44 Comprehensive Income 44

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$2.57B	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$2.04B	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts Receivable, after Allowance for Credit Loss, Current	`AccountsReceivableNetCurrent`	$905.00M	USD	Point-in-time
Accounts Receivable, after Allowance for Credit Loss, Current	`AccountsReceivableNetCurrent`	$893.00M	USD	Point-in-time
Inventory	`InventoryNet`	$975.00M	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`	$858.00M	USD	Point-in-time
Preferred stock, issued and outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, issued and outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$429.00M	USD	Point-in-time
Other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$462.00M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.23B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.90B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	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`	$754.00M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$690.00M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$222.00M	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	200.00M	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	199.00M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$220.00M	USD	Point-in-time
Treasury Stock, Common, Shares	`TreasuryStockCommonShares`	22.20M	shares	Point-in-time
Treasury Stock, Common, Shares	`TreasuryStockCommonShares`	20.50M	shares	Point-in-time
Goodwill	`Goodwill`	$1.58B	USD	Point-in-time
Goodwill	`Goodwill`	$1.66B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$175.00M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$189.00M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$96.00M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$62.00M	USD	Point-in-time
Long-term deferred tax assets	`DeferredIncomeTaxAssetsNet`	$656.00M	USD	Point-in-time
Long-term deferred tax assets	`DeferredIncomeTaxAssetsNet`	$667.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$366.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$454.00M	USD	Point-in-time
Total assets	`Assets`	$8.10B	USD	Point-in-time
Total assets	`Assets`	$8.83B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$348.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$289.00M	USD	Point-in-time
Employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$333.00M	USD	Point-in-time
Employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$264.00M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$518.00M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$495.00M	USD	Point-in-time
Income and other taxes payable	`TaxesPayableCurrent`	$81.00M	USD	Point-in-time
Income and other taxes payable	`TaxesPayableCurrent`	$96.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$39.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$42.00M	USD	Point-in-time
Other accrued liabilities	`OtherLiabilitiesCurrent`	$96.00M	USD	Point-in-time
Other accrued liabilities	`OtherLiabilitiesCurrent`	$144.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.34B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.41B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.79B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.79B	USD	Point-in-time
Retirement and post-retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$62.00M	USD	Point-in-time
Retirement and post-retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$58.00M	USD	Point-in-time
Long-term deferred revenue	`DeferredRevenueNoncurrent`	$197.00M	USD	Point-in-time
Long-term deferred revenue	`DeferredRevenueNoncurrent`	$229.00M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$186.00M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$186.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$296.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$320.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.93B	USD	Point-in-time
Total liabilities	`Liabilities`	$3.94B	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`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; 200 million shares at July 31, 2023 and 199 million shares at October 31, 2022 issued	`CommonStockValue`	$2.00M	USD	Point-in-time
Common stock; $0.01 par value; 1 billion shares authorized; 200 million shares at July 31, 2023 and 199 million shares at October 31, 2022 issued	`CommonStockValue`	$2.00M	USD	Point-in-time
Treasury stock at cost; 22.2 million shares at July 31, 2023 and 20.5 million shares at October 31, 2022	`TreasuryStockValue`	$2.55B	USD	Point-in-time
Treasury stock at cost; 22.2 million shares at July 31, 2023 and 20.5 million shares at October 31, 2022	`TreasuryStockValue`	$2.27B	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$2.33B	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$2.46B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.38B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.55B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-399.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-454.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-442.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-500.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-402.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-474.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.16B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.90B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$8.83B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$8.10B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$4.15B	USD	3 Qtrs
Revenues	`Revenues`	$1.38B	USD	1 Quarter
Revenues	`Revenues`	$3.98B	USD	3 Qtrs
Revenues	`Revenues`	$1.38B	USD	1 Quarter
Cost of Goods and Services Sold	`CostOfGoodsAndServicesSold`	$499.00M	USD	1 Quarter
Cost of Goods and Services Sold	`CostOfGoodsAndServicesSold`	$1.44B	USD	3 Qtrs
Cost of Goods and Services Sold	`CostOfGoodsAndServicesSold`	$486.00M	USD	1 Quarter
Cost of Goods and Services Sold	`CostOfGoodsAndServicesSold`	$1.47B	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$626.00M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$206.00M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$664.00M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$215.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$319.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$317.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$962.00M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$994.00M	USD	3 Qtrs
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$3.00M	USD	1 Quarter
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$11.00M	USD	3 Qtrs
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$3.00M	USD	3 Qtrs
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$3.00M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$3.02B	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$3.11B	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$1.02B	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$1.02B	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$357.00M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$1.04B	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$955.00M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$365.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$29.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$6.00M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$4.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$70.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$20.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$58.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$59.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$19.00M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$14.00M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$28.00M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$15.00M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$5.00M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.08B	USD	3 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$389.00M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$346.00M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$917.00M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$250.00M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$101.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$92.00M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$8.00M	USD	1 Quarter
Net income	`ProfitLoss`	$338.00M	USD	1 Quarter
Net income	`ProfitLoss`	$831.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$825.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$288.00M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$4.56	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.62	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$4.66	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.89	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.87	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$4.52	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.61	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$4.63	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	179.00M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	178.00M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	178.00M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	181.00M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	182.00M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	179.00M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	179.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	181.00M	shares	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$338.00M	USD	1 Quarter
Net income	`ProfitLoss`	$831.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$825.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$288.00M	USD	1 Quarter
Depreciation	`Depreciation`	$90.00M	USD	3 Qtrs
Depreciation	`Depreciation`	$88.00M	USD	3 Qtrs
Amortization	`AdjustmentForAmortization`	$80.00M	USD	3 Qtrs
Amortization	`AdjustmentForAmortization`	$72.00M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$110.00M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$102.00M	USD	3 Qtrs
Deferred tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$19.00M	USD	3 Qtrs
Deferred tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$10.00M	USD	3 Qtrs
Excess and obsolete inventory-related charges	`InventoryWriteDown`	$18.00M	USD	3 Qtrs
Excess and obsolete inventory-related charges	`InventoryWriteDown`	$19.00M	USD	3 Qtrs
Unrealized Gain (Loss) on Investments	`UnrealizedGainLossOnInvestments`	$-21.00M	USD	3 Qtrs
Unrealized Gain (Loss) on Investments	`UnrealizedGainLossOnInvestments`	$16.00M	USD	3 Qtrs
Other non-cash expense (income), net	`OtherNoncashIncomeExpense`	$-9.00M	USD	3 Qtrs
Other non-cash expense (income), net	`OtherNoncashIncomeExpense`	$-3.00M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$166.00M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-32.00M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$88.00M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$126.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$41.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-54.00M	USD	3 Qtrs
Employee compensation and benefits	`IncreaseDecreaseInAccruedSalaries`	$-81.00M	USD	3 Qtrs
Employee compensation and benefits	`IncreaseDecreaseInAccruedSalaries`	$-87.00M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$41.00M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$69.00M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-59.00M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-28.00M	USD	3 Qtrs
Retirement and post-retirement benefits	`IncreaseDecreaseInPensionAndPostretirementObligations`	$-7.00M	USD	3 Qtrs
Retirement and post-retirement benefits	`IncreaseDecreaseInPensionAndPostretirementObligations`	$-21.00M	USD	3 Qtrs
Interest rate swap agreement termination proceeds	`InterestRateSwapAgreementTerminationProceeds`	$107.00M	USD	3 Qtrs
Interest rate swap agreement termination proceeds	`InterestRateSwapAgreementTerminationProceeds`	-	USD	3 Qtrs
Prepaid assets	`IncreaseDecreaseInPrepaidExpense`	$33.00M	USD	3 Qtrs
Prepaid assets	`IncreaseDecreaseInPrepaidExpense`	$97.00M	USD	3 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$14.00M	USD	3 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-66.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.03B	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$746.00M	USD	3 Qtrs
Investments in property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$158.00M	USD	3 Qtrs
Investments in property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$127.00M	USD	3 Qtrs
Acquisition of businesses and intangible assets, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$85.00M	USD	3 Qtrs
Acquisition of businesses and intangible assets, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$33.00M	USD	3 Qtrs
Payments to Acquire Investments	`PaymentsToAcquireInvestments`	$30.00M	USD	3 Qtrs
Payments to Acquire Investments	`PaymentsToAcquireInvestments`	$7.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-250.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-190.00M	USD	3 Qtrs
Proceeds from issuance of common stock under employee stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$67.00M	USD	3 Qtrs
Proceeds from issuance of common stock under employee stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$63.00M	USD	3 Qtrs
Payment of taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$74.00M	USD	3 Qtrs
Payment of taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$49.00M	USD	3 Qtrs
Treasury stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$723.00M	USD	3 Qtrs
Treasury stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$276.00M	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-259.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-734.00M	USD	3 Qtrs
Effect of exchange rate movements	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-27.00M	USD	3 Qtrs
Effect of exchange rate movements	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.00M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-205.00M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$531.00M	USD	3 Qtrs
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.06B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.86B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.59B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.07B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.06B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.86B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.59B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.07B	USD	Point-in-time
Interest payments	`InterestPaidNet`	$37.00M	USD	3 Qtrs
Interest payments	`InterestPaidNet`	$37.00M	USD	3 Qtrs
Income tax paid, net	`IncomeTaxesPaidNet`	$268.00M	USD	3 Qtrs
Income tax paid, net	`IncomeTaxesPaidNet`	$157.00M	USD	3 Qtrs
Investments in property, plant and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$23.00M	USD	3 Qtrs
Investments in property, plant and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$23.00M	USD	3 Qtrs

Stockholders Equity 44 line items

Line Item	Tag	Value	Unit	Period
Treasury Stock, Shares	`TreasuryStockCommonShares`	22.20M	shares	Point-in-time
Treasury Stock, Shares	`TreasuryStockCommonShares`	20.50M	shares	Point-in-time
Stockholders' Equity, Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.78B	USD	Point-in-time
Stockholders' Equity, Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.90B	USD	Point-in-time
Stockholders' Equity, Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.92B	USD	Point-in-time
Stockholders' Equity, Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.78B	USD	Point-in-time
Stockholders' Equity, Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.16B	USD	Point-in-time
Stockholders' Equity, Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.71B	USD	Point-in-time
Issuance of common stock	`AdjustmentsToAdditionalPaidInCapitalMarkToMarket`	$63.00M	USD	3 Qtrs
Issuance of common stock	`AdjustmentsToAdditionalPaidInCapitalMarkToMarket`	$34.00M	USD	1 Quarter
Issuance of common stock	`AdjustmentsToAdditionalPaidInCapitalMarkToMarket`	$67.00M	USD	3 Qtrs
Issuance of common stock	`AdjustmentsToAdditionalPaidInCapitalMarkToMarket`	$32.00M	USD	1 Quarter
Taxes related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.00M	USD	1 Quarter
Taxes related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	1 Quarter
Taxes related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$73.00M	USD	3 Qtrs
Taxes related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$49.00M	USD	3 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$26.00M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$102.00M	USD	3 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$111.00M	USD	3 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$25.00M	USD	1 Quarter
Net income	`ProfitLoss`	$338.00M	USD	1 Quarter
Net income	`ProfitLoss`	$831.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$825.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$288.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-58.00M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-26.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-3.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$52.00M	USD	3 Qtrs
Treasury Stock, Shares, Acquired	`TreasuryStockSharesAcquired`	4.65M	shares	3 Qtrs
Treasury Stock, Shares, Acquired	`TreasuryStockSharesAcquired`	1.64M	shares	3 Qtrs
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$228.00M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$723.00M	USD	3 Qtrs
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$151.00M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$276.00M	USD	3 Qtrs
Treasury Stock, Shares	`TreasuryStockCommonShares`	22.20M	shares	Point-in-time
Treasury Stock, Shares	`TreasuryStockCommonShares`	20.50M	shares	Point-in-time
Stockholders' Equity, Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.78B	USD	Point-in-time
Stockholders' Equity, Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.90B	USD	Point-in-time
Stockholders' Equity, Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.92B	USD	Point-in-time
Stockholders' Equity, Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.78B	USD	Point-in-time
Stockholders' Equity, Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.16B	USD	Point-in-time
Stockholders' Equity, Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.71B	USD	Point-in-time
Treasury Stock, Common, Shares	`TreasuryStockCommonShares`	22.20M	shares	Point-in-time
Treasury Stock, Common, Shares	`TreasuryStockCommonShares`	20.50M	shares	Point-in-time

Comprehensive Income 44 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$338.00M	USD	1 Quarter
Net income	`ProfitLoss`	$831.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$825.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$288.00M	USD	1 Quarter
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification, Tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$5.00M	USD	3 Qtrs
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification, Tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$-7.00M	USD	3 Qtrs
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification, Tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$3.00M	USD	1 Quarter
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification, Tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$-1.00M	USD	1 Quarter
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, Tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$1.00M	USD	1 Quarter
Gain (loss) on derivative instruments, net of tax benefit (expense) of $(1), $3, $5 and $(7)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$2.00M	USD	1 Quarter
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, Tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	-	USD	1 Quarter
Gain (loss) on derivative instruments, net of tax benefit (expense) of $(1), $3, $5 and $(7)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-18.00M	USD	3 Qtrs
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, Tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	-	USD	3 Qtrs
Gain (loss) on derivative instruments, net of tax benefit (expense) of $(1), $3, $5 and $(7)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-11.00M	USD	1 Quarter
Gain (loss) on derivative instruments, net of tax benefit (expense) of $(1), $3, $5 and $(7)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$29.00M	USD	3 Qtrs
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, Tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$1.00M	USD	3 Qtrs
Amounts reclassified into earnings related to derivative instruments, net of tax benefit (expense) of $1, zero, $1 and zero	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	-	USD	1 Quarter
Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Amounts reclassified into earnings related to derivative instruments, net of tax benefit (expense) of $1, zero, $1 and zero	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$3.00M	USD	3 Qtrs
Amounts reclassified into earnings related to derivative instruments, net of tax benefit (expense) of $1, zero, $1 and zero	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$1.00M	USD	1 Quarter
Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	3 Qtrs
Amounts reclassified into earnings related to derivative instruments, net of tax benefit (expense) of $1, zero, $1 and zero	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$3.00M	USD	3 Qtrs
Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	3 Qtrs
Foreign currency translation, net of tax benefit (expense) of zero	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-106.00M	USD	3 Qtrs
Foreign currency translation, net of tax benefit (expense) of zero	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-9.00M	USD	1 Quarter
Foreign currency translation, net of tax benefit (expense) of zero	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-20.00M	USD	1 Quarter
Foreign currency translation, net of tax benefit (expense) of zero	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$61.00M	USD	3 Qtrs
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss) Arising During Period, Tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax`	$7.00M	USD	3 Qtrs
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss) Arising During Period, Tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax`	$3.00M	USD	3 Qtrs
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss) Arising During Period, Tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax`	$1.00M	USD	1 Quarter
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss) Arising During Period, Tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax`	$3.00M	USD	1 Quarter
Change in net actuarial loss, net of tax expense of $1, $3, $3 and $7	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-12.00M	USD	3 Qtrs
Change in net actuarial loss, net of tax expense of $1, $3, $3 and $7	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-4.00M	USD	1 Quarter
Change in net actuarial loss, net of tax expense of $1, $3, $3 and $7	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-6.00M	USD	1 Quarter
Change in net actuarial loss, net of tax expense of $1, $3, $3 and $7	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-22.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-58.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-26.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-3.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$52.00M	USD	3 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$767.00M	USD	3 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$285.00M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$312.00M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$883.00M	USD	3 Qtrs

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