10-Q Filing

ELANCO ANIMAL HEALTH INC CIK: 1739104 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001739104-21-000013`
Period End Date	20210630
Filing Date	20210809
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	elan-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 66 Cash Flow Statement 74 Stockholders Equity 35 Comprehensive Income 28

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, net of allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$10.00M	USD	Point-in-time
Accounts receivable, net of allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$9.00M	USD	Point-in-time
Property and equipment, net of accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.05B	USD	Point-in-time
Property and equipment, net of accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.04B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$580.00M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00B	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$495.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.39B	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00B	shares	Point-in-time
Accounts receivable, net of allowances of $10 (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 $10 (2021) and $9 (2020)	`AccountsReceivableNetCurrent`	$1.07B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$107.00M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$205.00M	USD	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
Inventories	`InventoryNet`	$1.45B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	473.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	471.92M	shares	Point-in-time
Inventories	`InventoryNet`	$1.58B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	473.00M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	471.92M	shares	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$227.00M	USD	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`	$11.00M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.42B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.43B	USD	Point-in-time
Goodwill	`Goodwill`	$6.24B	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`	$5.75B	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$348.00M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$375.00M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $1,054 (2021) and $1,038 (2020)	`PropertyPlantAndEquipmentNet`	$1.03B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $1,054 (2021) and $1,038 (2020)	`PropertyPlantAndEquipmentNet`	$1.32B	USD	Point-in-time
Total assets	`Assets`	$17.69B	USD	Point-in-time
Total assets	`Assets`	$16.83B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$506.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$501.00M	USD	Point-in-time
Employee compensation	`EmployeeRelatedLiabilitiesCurrent`	$144.00M	USD	Point-in-time
Employee compensation	`EmployeeRelatedLiabilitiesCurrent`	$124.00M	USD	Point-in-time
Sales rebates and discounts	`ContractWithCustomerLiabilityCurrent`	$303.00M	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`	$555.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$582.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$502.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.08B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.99B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$5.57B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$5.54B	USD	Point-in-time
Accrued retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$317.00M	USD	Point-in-time
Accrued retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$346.00M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$900.00M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$767.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$322.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$237.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$8.85B	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, 473,003,487 and 471,921,116 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	-	USD	Point-in-time
Common stock, no par value, 5,000,000,000 shares authorized, 473,003,487 and 471,921,116 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$8.66B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$8.65B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-748.00M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-477.00M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$65.00M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$303.00M	USD	Point-in-time
Total equity	`StockholdersEquity`	$8.48B	USD	Point-in-time
Total equity	`StockholdersEquity`	$6.66B	USD	Point-in-time
Total equity	`StockholdersEquity`	$7.98B	USD	Point-in-time
Total equity	`StockholdersEquity`	$8.01B	USD	Point-in-time
Total equity	`StockholdersEquity`	$5.55B	USD	Point-in-time
Total equity	`StockholdersEquity`	$6.65B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$16.83B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$17.69B	USD	Point-in-time

Income Statement 66 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.52B	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.24B	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.28B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$586.00M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.12B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$296.00M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$551.00M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$629.00M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$94.00M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$59.00M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$183.00M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$126.00M	USD	2 Qtrs
Marketing, selling and administrative	`SellingGeneralAndAdministrativeExpense`	$345.00M	USD	2 Qtrs
Marketing, selling and administrative	`SellingGeneralAndAdministrativeExpense`	$163.00M	USD	1 Quarter
Marketing, selling and administrative	`SellingGeneralAndAdministrativeExpense`	$385.00M	USD	1 Quarter
Marketing, selling and administrative	`SellingGeneralAndAdministrativeExpense`	$733.00M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$129.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$101.00M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$276.00M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$49.00M	USD	1 Quarter
Asset impairment, restructuring and other special charges	`RestructuringSettlementAndImpairmentProvisions`	$119.00M	USD	1 Quarter
Asset impairment, restructuring and other special charges	`RestructuringSettlementAndImpairmentProvisions`	$194.00M	USD	2 Qtrs
Asset impairment, restructuring and other special charges	`RestructuringSettlementAndImpairmentProvisions`	$299.00M	USD	1 Quarter
Asset impairment, restructuring and other special charges	`RestructuringSettlementAndImpairmentProvisions`	$407.00M	USD	2 Qtrs
Interest expense, net of capitalized interest	`InterestExpense`	$25.00M	USD	1 Quarter
Interest expense, net of capitalized interest	`InterestExpense`	$41.00M	USD	2 Qtrs
Interest expense, net of capitalized interest	`InterestExpense`	$60.00M	USD	1 Quarter
Interest expense, net of capitalized interest	`InterestExpense`	$121.00M	USD	2 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$3.00M	USD	2 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$48.00M	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$3.00M	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$47.00M	USD	2 Qtrs
Costs, expenses and other	`CostsAndExpenses`	$1.39B	USD	2 Qtrs
Costs, expenses and other	`CostsAndExpenses`	$1.51B	USD	1 Quarter
Costs, expenses and other	`CostsAndExpenses`	$663.00M	USD	1 Quarter
Costs, expenses and other	`CostsAndExpenses`	$2.84B	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-77.00M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-236.00M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-145.00M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-316.00M	USD	2 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-45.00M	USD	2 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-24.00M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-26.00M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-43.00M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-271.00M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-210.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-102.00M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-53.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-49.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-61.00M	USD	1 Quarter
Basic (usd per share)	`EarningsPerShareBasic`	$-0.13	USD	1 Quarter
Basic (usd per share)	`EarningsPerShareBasic`	$-0.25	USD	2 Qtrs
Basic (usd per share)	`EarningsPerShareBasic`	$-0.56	USD	2 Qtrs
Basic (usd per share)	`EarningsPerShareBasic`	$-0.43	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$-0.25	USD	2 Qtrs
Diluted (usd per share)	`EarningsPerShareDiluted`	$-0.13	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$-0.56	USD	2 Qtrs
Diluted (usd per share)	`EarningsPerShareDiluted`	$-0.43	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	408.50M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	487.30M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	413.20M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	487.00M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	487.30M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	408.50M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	413.20M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	487.00M	shares	2 Qtrs

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-271.00M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-210.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-102.00M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-53.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-49.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-61.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$372.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$162.00M	USD	2 Qtrs
Change in deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-78.00M	USD	2 Qtrs
Change in deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-114.00M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$19.00M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$31.00M	USD	2 Qtrs
Asset impairment and write-down charges	`AssetImpairmentChargesIncludingInventoryWriteDown`	$3.00M	USD	2 Qtrs
Asset impairment and write-down charges	`AssetImpairmentChargesIncludingInventoryWriteDown`	$278.00M	USD	2 Qtrs
Loss (gain) on sale of assets	`GainLossOnSaleOfOtherAssets`	$51.00M	USD	2 Qtrs
Loss (gain) on sale of assets	`GainLossOnSaleOfOtherAssets`	$-2.00M	USD	2 Qtrs
Inventory fair value step-up amortization	`BusinessCombinationInventoriesStepUpFairValueAdjustment`	-	USD	2 Qtrs
Inventory fair value step-up amortization	`BusinessCombinationInventoriesStepUpFairValueAdjustment`	$63.00M	USD	2 Qtrs
Changes in operating assets and liabilities, net of acquisitions	`IncreaseDecreaseInOperatingCapital`	$190.00M	USD	2 Qtrs
Changes in operating assets and liabilities, net of acquisitions	`IncreaseDecreaseInOperatingCapital`	$-206.00M	USD	2 Qtrs
Other non-cash operating activities, net	`OtherOperatingActivitiesCashFlowStatement`	-	USD	2 Qtrs
Other non-cash operating activities, net	`OtherOperatingActivitiesCashFlowStatement`	$5.00M	USD	2 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$171.00M	USD	2 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$164.00M	USD	2 Qtrs
Net proceeds from sale (purchases) of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$35.00M	USD	2 Qtrs
Net proceeds from sale (purchases) of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$19.00M	USD	2 Qtrs
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-73.00M	USD	2 Qtrs
Proceeds from settlement of net investment hedges	`ProceedsFromHedgeInvestingActivities`	-	USD	2 Qtrs
Proceeds from settlement of net investment hedges	`ProceedsFromHedgeInvestingActivities`	$33.00M	USD	2 Qtrs
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	-	USD	2 Qtrs
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$34.00M	USD	2 Qtrs
Purchases of software	`PaymentsForSoftware`	$60.00M	USD	2 Qtrs
Purchases of software	`PaymentsForSoftware`	$12.00M	USD	2 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$7.00M	USD	2 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$1.00M	USD	2 Qtrs
Net Cash Used for Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-15.00M	USD	2 Qtrs
Net Cash Used for Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-9.00M	USD	2 Qtrs
Repayments of borrowings	`RepaymentsOfLongTermLinesOfCredit`	$37.00M	USD	2 Qtrs
Repayments of borrowings	`RepaymentsOfLongTermLinesOfCredit`	$378.00M	USD	2 Qtrs
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$79.00M	USD	2 Qtrs
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	2 Qtrs
Proceeds from issuance of common stock and tangible equity units	`ProceedsFromIssuanceOrSaleOfEquity`	$1.22B	USD	2 Qtrs
Proceeds from issuance of common stock and tangible equity units	`ProceedsFromIssuanceOrSaleOfEquity`	-	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$3.00M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Other net financing transactions with Lilly	`ProceedsFromPaymentsToTransactionsWithParent`	-	USD	2 Qtrs
Other net financing transactions with Lilly	`ProceedsFromPaymentsToTransactionsWithParent`	$-11.00M	USD	2 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-17.00M	USD	2 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-14.00M	USD	2 Qtrs
Net Cash Provided by (Used for) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$904.00M	USD	2 Qtrs
Net Cash Provided by (Used for) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-65.00M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-17.00M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.00M	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$74.00M	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.06B	USD	2 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$506.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$580.00M	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`	$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 at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$580.00M	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`	$345.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$580.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$495.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.39B	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$11.00M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$11.00M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	-	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$506.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$580.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.40B	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$345.00M	USD	Point-in-time

Stockholders Equity 35 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`	$6.66B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$7.98B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$8.01B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$5.55B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$6.65B	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-271.00M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-210.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-102.00M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-53.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-49.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-61.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-41.00M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$167.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$28.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-69.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-405.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-238.00M	USD	2 Qtrs
Separation activities	`StockholdersEquitySeparationAdjustments`	$9.00M	USD	1 Quarter
Separation activities	`StockholdersEquitySeparationAdjustments`	$16.00M	USD	1 Quarter
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.00M	USD	1 Quarter
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.00M	USD	1 Quarter
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.00M	USD	1 Quarter
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.00M	USD	1 Quarter
Issuance of stock under employee stock plans, net	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$18.00M	USD	1 Quarter
Issuance of stock under employee stock plans, net	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.00M	USD	1 Quarter
Issuance of stock under employee stock plans, net	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$13.00M	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`	$6.66B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$7.98B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$8.01B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$5.55B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$6.65B	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-271.00M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-210.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-102.00M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-53.00M	USD	1 Quarter
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`	$-5.00M	USD	1 Quarter
Unrealized gain (loss) on derivatives for cash flow hedges, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-21.00M	USD	1 Quarter
Unrealized gain (loss) on derivatives for cash flow hedges, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-60.00M	USD	2 Qtrs
Unrealized gain (loss) on derivatives for cash flow hedges, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$48.00M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$50.00M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$21.00M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-297.00M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$169.00M	USD	1 Quarter
Defined benefit pension and retiree health benefit plans, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-3.00M	USD	1 Quarter
Defined benefit pension and retiree health benefit plans, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-11.00M	USD	2 Qtrs
Defined benefit pension and retiree health benefit plans, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$2.00M	USD	2 Qtrs
Defined benefit pension and retiree health benefit plans, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$1.00M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-41.00M	USD	2 Qtrs
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$167.00M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$28.00M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-69.00M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-405.00M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-238.00M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-43.00M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-509.00M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-143.00M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-25.00M	USD	1 Quarter

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