10-Q Filing

ELANCO ANIMAL HEALTH INC CIK: 1739104 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001739104-23-000013`
Period End Date	20230630
Filing Date	20230807
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	elan-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 64 Income Statement 66 Cash Flow Statement 54 Stockholders Equity 32 Comprehensive Income 28

Balance Sheet 64 line items

Line Item	Tag	Value	Unit	Period
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
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	492.55M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	474.24M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$345.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$367.00M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	492.55M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	474.24M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.00B	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$797.00M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$205.00M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$225.00M	USD	Point-in-time
Inventories	`InventoryNet`	$1.54B	USD	Point-in-time
Inventories	`InventoryNet`	$1.69B	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$370.00M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$394.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.65B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.28B	USD	Point-in-time
Goodwill	`Goodwill`	$5.99B	USD	Point-in-time
Goodwill	`Goodwill`	$6.04B	USD	Point-in-time
Other intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$4.84B	USD	Point-in-time
Other intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$4.68B	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$378.00M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$419.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$999.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.01B	USD	Point-in-time
Total assets	`Assets`	$15.80B	USD	Point-in-time
Total assets	`Assets`	$15.49B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$390.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$354.00M	USD	Point-in-time
Sales rebates and discounts	`ContractWithCustomerLiabilityCurrent`	$324.00M	USD	Point-in-time
Sales rebates and discounts	`ContractWithCustomerLiabilityCurrent`	$332.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$388.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$39.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$559.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$600.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.70B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.28B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$5.45B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$6.02B	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$658.00M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$662.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$390.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$411.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$8.38B	USD	Point-in-time
Total liabilities	`Liabilities`	$8.20B	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, no par value, 5,000,000,000 shares authorized, 492,554,242 and 474,237,738 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	-	USD	Point-in-time
Common stock, no par value, 5,000,000,000 shares authorized, 492,554,242 and 474,237,738 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$8.75B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$8.74B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.05B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.06B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-281.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-392.00M	USD	Point-in-time
Total equity	`StockholdersEquity`	$7.29B	USD	Point-in-time
Total equity	`StockholdersEquity`	$7.42B	USD	Point-in-time
Total equity	`StockholdersEquity`	$7.58B	USD	Point-in-time
Total equity	`StockholdersEquity`	$7.48B	USD	Point-in-time
Total equity	`StockholdersEquity`	$7.12B	USD	Point-in-time
Total equity	`StockholdersEquity`	$7.51B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$15.80B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$15.49B	USD	Point-in-time

Income Statement 66 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.06B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.18B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.40B	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.31B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$434.00M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$928.00M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$484.00M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$993.00M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$81.00M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$82.00M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$162.00M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$163.00M	USD	2 Qtrs
Marketing, selling and administrative	`SellingGeneralAndAdministrativeExpense`	$353.00M	USD	1 Quarter
Marketing, selling and administrative	`SellingGeneralAndAdministrativeExpense`	$680.00M	USD	2 Qtrs
Marketing, selling and administrative	`SellingGeneralAndAdministrativeExpense`	$666.00M	USD	2 Qtrs
Marketing, selling and administrative	`SellingGeneralAndAdministrativeExpense`	$343.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$270.00M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$270.00M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$136.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$133.00M	USD	1 Quarter
Asset impairment, restructuring and other special charges	`RestructuringSettlementAndImpairmentProvisions`	$75.00M	USD	2 Qtrs
Asset impairment, restructuring and other special charges	`RestructuringSettlementAndImpairmentProvisions`	$126.00M	USD	2 Qtrs
Asset impairment, restructuring and other special charges	`RestructuringSettlementAndImpairmentProvisions`	$35.00M	USD	1 Quarter
Asset impairment, restructuring and other special charges	`RestructuringSettlementAndImpairmentProvisions`	$86.00M	USD	1 Quarter
Interest expense, net of capitalized interest	`InterestExpense`	$74.00M	USD	1 Quarter
Interest expense, net of capitalized interest	`InterestExpense`	$119.00M	USD	2 Qtrs
Interest expense, net of capitalized interest	`InterestExpense`	$67.00M	USD	1 Quarter
Interest expense, net of capitalized interest	`InterestExpense`	$138.00M	USD	2 Qtrs
Other expense (income), net	`NonoperatingIncomeExpense`	$6.00M	USD	1 Quarter
Other expense (income), net	`NonoperatingIncomeExpense`	$-3.00M	USD	2 Qtrs
Other expense (income), net	`NonoperatingIncomeExpense`	$-23.00M	USD	1 Quarter
Other expense (income), net	`NonoperatingIncomeExpense`	$-32.00M	USD	2 Qtrs
Costs, expenses and other	`CostsAndExpenses`	$1.14B	USD	1 Quarter
Costs, expenses and other	`CostsAndExpenses`	$2.34B	USD	2 Qtrs
Costs, expenses and other	`CostsAndExpenses`	$2.29B	USD	2 Qtrs
Costs, expenses and other	`CostsAndExpenses`	$1.19B	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-14.00M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-79.00M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$29.00M	USD	2 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$61.00M	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$18.00M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$20.00M	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$23.00M	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-4.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-97.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$103.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$51.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-10.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$6.00M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$41.00M	USD	2 Qtrs
Basic (usd per share)	`EarningsPerShareBasic`	$-0.02	USD	1 Quarter
Basic (usd per share)	`EarningsPerShareBasic`	$0.01	USD	2 Qtrs
Basic (usd per share)	`EarningsPerShareBasic`	$0.08	USD	2 Qtrs
Basic (usd per share)	`EarningsPerShareBasic`	$-0.20	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$-0.20	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$-0.02	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$0.08	USD	2 Qtrs
Diluted (usd per share)	`EarningsPerShareDiluted`	$0.01	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	491.80M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	492.60M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	488.20M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	488.40M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	492.70M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	492.10M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	492.60M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	488.40M	shares	1 Quarter

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$-97.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$103.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$51.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-10.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$6.00M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$41.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$350.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$347.00M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$31.00M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$21.00M	USD	2 Qtrs
Asset impairment and write-down charges	`AssetImpairmentChargesIncludingInventoryWriteDown`	$81.00M	USD	2 Qtrs
Asset impairment and write-down charges	`AssetImpairmentChargesIncludingInventoryWriteDown`	-	USD	2 Qtrs
Proceeds from interest rate swap settlements	`ProceedsFromDerivativeInstrumentOperatingActivities`	$132.00M	USD	2 Qtrs
Proceeds from interest rate swap settlements	`ProceedsFromDerivativeInstrumentOperatingActivities`	-	USD	2 Qtrs
Changes in operating assets and liabilities, net of acquisitions	`IncreaseDecreaseInOperatingCapital`	$384.00M	USD	2 Qtrs
Changes in operating assets and liabilities, net of acquisitions	`IncreaseDecreaseInOperatingCapital`	$473.00M	USD	2 Qtrs
Other non-cash operating activities, net	`OtherOperatingActivitiesCashFlowStatement`	$2.00M	USD	2 Qtrs
Other non-cash operating activities, net	`OtherOperatingActivitiesCashFlowStatement`	$12.00M	USD	2 Qtrs
Net Cash (Used for) Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-84.00M	USD	2 Qtrs
Net Cash (Used for) Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$250.00M	USD	2 Qtrs
Net purchases of property and equipment and software	`PaymentsToAcquirePropertyPlantEquipmentAndSoftware`	$66.00M	USD	2 Qtrs
Net purchases of property and equipment and software	`PaymentsToAcquirePropertyPlantEquipmentAndSoftware`	$58.00M	USD	2 Qtrs
Cash paid for acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Cash paid for acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$16.00M	USD	2 Qtrs
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.00M	USD	2 Qtrs
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$14.00M	USD	2 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$2.00M	USD	2 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$7.00M	USD	2 Qtrs
Net Cash Used for Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-66.00M	USD	2 Qtrs
Net Cash Used for Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-98.00M	USD	2 Qtrs
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	2 Qtrs
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$425.00M	USD	2 Qtrs
Proceeds from revolving credit facility	`ProceedsFromLinesOfCredit`	$563.00M	USD	2 Qtrs
Proceeds from revolving credit facility	`ProceedsFromLinesOfCredit`	$250.00M	USD	2 Qtrs
Repayments of long-term borrowings	`RepaymentsOfSeniorDebt`	$528.00M	USD	2 Qtrs
Repayments of long-term borrowings	`RepaymentsOfSeniorDebt`	$32.00M	USD	2 Qtrs
Repayments of revolving credit facility	`RepaymentsOfLinesOfCredit`	-	USD	2 Qtrs
Repayments of revolving credit facility	`RepaymentsOfLinesOfCredit`	$738.00M	USD	2 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-5.00M	USD	2 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-17.00M	USD	2 Qtrs
Net Cash Provided by (Used for) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-296.00M	USD	2 Qtrs
Net Cash Provided by (Used for) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$213.00M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-9.00M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-19.00M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$22.00M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-131.00M	USD	2 Qtrs
Cash and cash equivalents beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$507.00M	USD	Point-in-time
Cash and cash equivalents beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$638.00M	USD	Point-in-time
Cash and cash equivalents beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$345.00M	USD	Point-in-time
Cash and cash equivalents beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$367.00M	USD	Point-in-time
Cash and cash equivalents end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$507.00M	USD	Point-in-time
Cash and cash equivalents end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$638.00M	USD	Point-in-time
Cash and cash equivalents end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$345.00M	USD	Point-in-time
Cash and cash equivalents end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$367.00M	USD	Point-in-time

Stockholders Equity 32 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period (in shares)	`CommonStockSharesOutstanding`	492.55M	shares	Point-in-time
Balance at beginning of period (in shares)	`CommonStockSharesOutstanding`	474.24M	shares	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$7.29B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$7.42B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$7.58B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$7.48B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$7.12B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$7.51B	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$-97.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$103.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$51.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-10.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$6.00M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$41.00M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-463.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$82.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$111.00M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$29.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$23.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-440.00M	USD	2 Qtrs
Stock-based compensation activity, net	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.00M	USD	1 Quarter
Stock-based compensation activity, net	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.00M	USD	1 Quarter
Stock-based compensation activity, net	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.00M	USD	1 Quarter
Stock-based compensation activity, net	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.00M	USD	1 Quarter
Balance at end of period (in shares)	`CommonStockSharesOutstanding`	492.55M	shares	Point-in-time
Balance at end of period (in shares)	`CommonStockSharesOutstanding`	474.24M	shares	Point-in-time
Balance at end of period	`StockholdersEquity`	$7.29B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$7.42B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$7.58B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$7.48B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$7.12B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$7.51B	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$-97.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$103.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$51.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-10.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$6.00M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$41.00M	USD	2 Qtrs
Cash flow hedges, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$117.00M	USD	2 Qtrs
Cash flow hedges, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-19.00M	USD	2 Qtrs
Cash flow hedges, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$8.00M	USD	1 Quarter
Cash flow hedges, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$29.00M	USD	1 Quarter
Foreign currency translation, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$132.00M	USD	2 Qtrs
Foreign currency translation, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-470.00M	USD	1 Quarter
Foreign currency translation, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-555.00M	USD	2 Qtrs
Foreign currency translation, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$2.00M	USD	1 Quarter
Defined benefit pension and retiree health benefit plans, net of taxes	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$1.00M	USD	1 Quarter
Defined benefit pension and retiree health benefit plans, net of taxes	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$2.00M	USD	2 Qtrs
Defined benefit pension and retiree health benefit plans, net of taxes	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$2.00M	USD	2 Qtrs
Defined benefit pension and retiree health benefit plans, net of taxes	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$2.00M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-463.00M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$82.00M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$111.00M	USD	2 Qtrs
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$29.00M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$23.00M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-440.00M	USD	2 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-68.00M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-473.00M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$117.00M	USD	2 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-399.00M	USD	2 Qtrs

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