10-Q Filing

ELANCO ANIMAL HEALTH INC CIK: 1739104 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001739104-21-000008`
Period End Date	20210331
Filing Date	20210507
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	elan-20210331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 32 Cash Flow Statement 66 Stockholders Equity 19 Comprehensive Income 12

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, net of allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$9.00M	USD	Point-in-time
Accounts receivable, net of allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$9.00M	USD	Point-in-time
Property and equipment, net of accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.06B	USD	Point-in-time
Property and equipment, net of accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.04B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$495.00M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00B	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$515.00M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00B	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.21B	USD	Point-in-time
Accounts receivable, net of allowances of $9 (2021) and $9 (2020)	`AccountsReceivableNetCurrent`	$872.00M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowances of $9 (2021) and $9 (2020)	`AccountsReceivableNetCurrent`	$1.03B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	5.00B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	5.00B	shares	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$205.00M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$104.00M	USD	Point-in-time
Inventories	`InventoryNet`	$1.42B	USD	Point-in-time
Inventories	`InventoryNet`	$1.58B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	471.92M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	472.97M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	472.97M	shares	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$273.00M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	471.92M	shares	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$256.00M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$11.00M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	-	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$11.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.42B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.34B	USD	Point-in-time
Goodwill	`Goodwill`	$6.02B	USD	Point-in-time
Goodwill	`Goodwill`	$6.22B	USD	Point-in-time
Other intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$6.39B	USD	Point-in-time
Other intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$6.03B	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$325.00M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$348.00M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $1,060 (2021) and $1,038 (2020)	`PropertyPlantAndEquipmentNet`	$1.27B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $1,060 (2021) and $1,038 (2020)	`PropertyPlantAndEquipmentNet`	$1.32B	USD	Point-in-time
Total assets	`Assets`	$17.69B	USD	Point-in-time
Total assets	`Assets`	$16.99B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$501.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$411.00M	USD	Point-in-time
Employee compensation	`EmployeeRelatedLiabilitiesCurrent`	$144.00M	USD	Point-in-time
Employee compensation	`EmployeeRelatedLiabilitiesCurrent`	$114.00M	USD	Point-in-time
Sales rebates and discounts	`ContractWithCustomerLiabilityCurrent`	$331.00M	USD	Point-in-time
Sales rebates and discounts	`ContractWithCustomerLiabilityCurrent`	$295.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$555.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$605.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$573.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$582.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.08B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.03B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$5.56B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$5.57B	USD	Point-in-time
Accrued retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$316.00M	USD	Point-in-time
Accrued retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$346.00M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$828.00M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$900.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$247.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$322.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$8.98B	USD	Point-in-time
Total liabilities	`Liabilities`	$9.22B	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, no par value, 1,000,000,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, no par value, 1,000,000,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, no par value, 5,000,000,000 shares authorized, 472,968,567 and 471,921,116 shares issued and outstanding as of March 31, 2021 and December 31, 2020, respectively	`CommonStockValue`	-	USD	Point-in-time
Common stock, no par value, 5,000,000,000 shares authorized, 472,968,567 and 471,921,116 shares issued and outstanding as of March 31, 2021 and December 31, 2020, respectively	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$8.65B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$8.65B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-477.00M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-538.00M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$303.00M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-102.00M	USD	Point-in-time
Total equity	`StockholdersEquity`	$8.48B	USD	Point-in-time
Total equity	`StockholdersEquity`	$5.55B	USD	Point-in-time
Total equity	`StockholdersEquity`	$8.01B	USD	Point-in-time
Total equity	`StockholdersEquity`	$6.66B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$17.69B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$16.99B	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.24B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$658.00M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$333.00M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$569.00M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$89.00M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$67.00M	USD	1 Quarter
Marketing, selling and administrative	`SellingGeneralAndAdministrativeExpense`	$182.00M	USD	1 Quarter
Marketing, selling and administrative	`SellingGeneralAndAdministrativeExpense`	$348.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$147.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$52.00M	USD	1 Quarter
Asset impairment, restructuring and other special charges	`RestructuringSettlementAndImpairmentProvisions`	$108.00M	USD	1 Quarter
Asset impairment, restructuring and other special charges	`RestructuringSettlementAndImpairmentProvisions`	$75.00M	USD	1 Quarter
Interest expense, net of capitalized interest	`InterestExpense`	$16.00M	USD	1 Quarter
Interest expense, net of capitalized interest	`InterestExpense`	$61.00M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-1.00M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	-	USD	1 Quarter
Costs, expenses and other	`CostsAndExpenses`	$726.00M	USD	1 Quarter
Costs, expenses and other	`CostsAndExpenses`	$1.32B	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-68.00M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-80.00M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-19.00M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-19.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-49.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-61.00M	USD	1 Quarter
Basic (usd per share)	`EarningsPerShareBasic`	$-0.12	USD	1 Quarter
Basic (usd per share)	`EarningsPerShareBasic`	$-0.12	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$-0.12	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$-0.12	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	403.90M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	486.70M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	486.70M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	403.90M	shares	1 Quarter

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-49.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-61.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$82.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$202.00M	USD	1 Quarter
Change in deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-25.00M	USD	1 Quarter
Change in deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-32.00M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$15.00M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$11.00M	USD	1 Quarter
Asset impairment charges	`AssetImpairmentChargesIncludingInventoryWriteDown`	$9.00M	USD	1 Quarter
Asset impairment charges	`AssetImpairmentChargesIncludingInventoryWriteDown`	-	USD	1 Quarter
Gain on sale of assets	`GainLossOnSaleOfOtherAssets`	$4.00M	USD	1 Quarter
Gain on sale of assets	`GainLossOnSaleOfOtherAssets`	-	USD	1 Quarter
Inventory fair value step-up amortization	`BusinessCombinationInventoriesStepUpFairValueAdjustment`	$62.00M	USD	1 Quarter
Inventory fair value step-up amortization	`BusinessCombinationInventoriesStepUpFairValueAdjustment`	-	USD	1 Quarter
Changes in operating assets and liabilities, net of acquisitions	`IncreaseDecreaseInOperatingCapital`	$183.00M	USD	1 Quarter
Changes in operating assets and liabilities, net of acquisitions	`IncreaseDecreaseInOperatingCapital`	$10.00M	USD	1 Quarter
Other non-cash operating activities, net	`OtherOperatingActivitiesCashFlowStatement`	$10.00M	USD	1 Quarter
Other non-cash operating activities, net	`OtherOperatingActivitiesCashFlowStatement`	$-1.00M	USD	1 Quarter
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$22.00M	USD	1 Quarter
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$4.00M	USD	1 Quarter
Net purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.00M	USD	1 Quarter
Net purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$18.00M	USD	1 Quarter
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-73.00M	USD	1 Quarter
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Proceeds from settlement of net investment hedges	`ProceedsFromHedgeInvestingActivities`	-	USD	1 Quarter
Proceeds from settlement of net investment hedges	`ProceedsFromHedgeInvestingActivities`	$25.00M	USD	1 Quarter
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	-	USD	1 Quarter
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$33.00M	USD	1 Quarter
Purchases of software	`PaymentsForSoftware`	$32.00M	USD	1 Quarter
Purchases of software	`PaymentsForSoftware`	$5.00M	USD	1 Quarter
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	1 Quarter
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$7.00M	USD	1 Quarter
Net Cash Provided by (Used for) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-20.00M	USD	1 Quarter
Net Cash Provided by (Used for) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$10.00M	USD	1 Quarter
Repayments of borrowings	`RepaymentsOfLongTermLinesOfCredit`	$20.00M	USD	1 Quarter
Repayments of borrowings	`RepaymentsOfLongTermLinesOfCredit`	$371.00M	USD	1 Quarter
Net proceeds from revolving credit facility	`ProceedsFromLinesOfCredit`	$50.00M	USD	1 Quarter
Net proceeds from revolving credit facility	`ProceedsFromLinesOfCredit`	-	USD	1 Quarter
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$79.00M	USD	1 Quarter
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	1 Quarter
Proceeds from issuance of common stock and tangible equity units	`ProceedsFromIssuanceOrSaleOfEquity`	$1.22B	USD	1 Quarter
Proceeds from issuance of common stock and tangible equity units	`ProceedsFromIssuanceOrSaleOfEquity`	-	USD	1 Quarter
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$3.00M	USD	1 Quarter
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	1 Quarter
Other net financing transactions with Lilly	`ProceedsFromPaymentsToTransactionsWithParent`	$-11.00M	USD	1 Quarter
Other net financing transactions with Lilly	`ProceedsFromPaymentsToTransactionsWithParent`	$-15.00M	USD	1 Quarter
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-13.00M	USD	1 Quarter
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-17.00M	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$2.00M	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$897.00M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-9.00M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-25.00M	USD	1 Quarter
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$872.00M	USD	1 Quarter
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$9.00M	USD	1 Quarter
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.22B	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$515.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$345.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$506.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.22B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$515.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$345.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$506.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.22B	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$515.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$345.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$506.00M	USD	Point-in-time

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquity`	$8.48B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$5.55B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$8.01B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$6.66B	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-49.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-61.00M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-69.00M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-405.00M	USD	1 Quarter
Separation activities	`StockholdersEquitySeparationAdjustments`	$16.00M	USD	1 Quarter
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.00M	USD	1 Quarter
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.00M	USD	1 Quarter
Issuance of stock under employee stock plans, net	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$13.00M	USD	1 Quarter
Issuance of stock under employee stock plans, net	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$18.00M	USD	1 Quarter
Issuance of common stock, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$768.00M	USD	1 Quarter
Issuance of tangible equity units, net of issuance costs	`TangibleEquityUnitsIssuedDuringPeriodValue`	$452.00M	USD	1 Quarter
Balance at end of period	`StockholdersEquity`	$8.48B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$5.55B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$8.01B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$6.66B	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-49.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-61.00M	USD	1 Quarter
Unrealized gain (loss) on derivatives for cash flow hedges, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-39.00M	USD	1 Quarter
Unrealized gain (loss) on derivatives for cash flow hedges, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$53.00M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-466.00M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-29.00M	USD	1 Quarter
Defined benefit pension and retiree health benefit plans, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$1.00M	USD	1 Quarter
Defined benefit pension and retiree health benefit plans, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-8.00M	USD	1 Quarter
Other comprehensive loss, net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-69.00M	USD	1 Quarter
Other comprehensive loss, net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-405.00M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-118.00M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-466.00M	USD	1 Quarter

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