10-K Filing

AVERY DENNISON CORP CIK: 8818 FY 2022

Filing Information

Form Type	10-K
Accession Number	`0000008818-23-000002`
Period End Date	20221231
Filing Date	20230222
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	avy-20221231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 45 Cash Flow Statement 110 Stockholders Equity 35 Comprehensive Income 24

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Trade accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$33.00M	USD	Point-in-time
Trade accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$34.40M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$162.70M	USD	Point-in-time
Common stock, authorized shares (in shares)	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$167.20M	USD	Point-in-time
Common stock, authorized shares (in shares)	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Common stock, issued shares (in shares)	`CommonStockSharesIssued`	124.13M	shares	Point-in-time
Common stock, issued shares (in shares)	`CommonStockSharesIssued`	124.13M	shares	Point-in-time
Trade accounts receivable, less allowances of $34.4 and $33 at year-end 2022 and 2021, respectively	`AccountsReceivableNetCurrent`	$1.42B	USD	Point-in-time
Trade accounts receivable, less allowances of $34.4 and $33 at year-end 2022 and 2021, respectively	`AccountsReceivableNetCurrent`	$1.37B	USD	Point-in-time
Inventories	`InventoryNet`	$907.20M	USD	Point-in-time
Common stock, outstanding shares (in shares)	`CommonStockSharesOutstanding`	80.81M	shares	Point-in-time
Common stock, outstanding shares (in shares)	`CommonStockSharesOutstanding`	82.61M	shares	Point-in-time
Inventories	`InventoryNet`	$1.01B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$230.50M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	41.52M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$240.20M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	43.32M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.78B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.73B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.54B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.48B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.34B	USD	Point-in-time
Goodwill	`Goodwill`	$1.86B	USD	Point-in-time
Goodwill	`Goodwill`	$1.14B	USD	Point-in-time
Goodwill	`Goodwill`	$1.88B	USD	Point-in-time
Other intangibles resulting from business acquisitions, net	`IntangibleAssetsNetExcludingGoodwill`	$911.40M	USD	Point-in-time
Other intangibles resulting from business acquisitions, net	`IntangibleAssetsNetExcludingGoodwill`	$840.30M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$130.20M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$115.10M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$810.50M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$836.20M	USD	Point-in-time
Total assets	`Assets`	$7.97B	USD	Point-in-time
Total assets	`Assets`	$7.95B	USD	Point-in-time
Short-term borrowings and current portion of long-term debt and finance leases	`DebtCurrent`	$318.80M	USD	Point-in-time
Short-term borrowings and current portion of long-term debt and finance leases	`DebtCurrent`	$598.60M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.34B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.30B	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$228.50M	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$299.00M	USD	Point-in-time
Accrued trade rebates	`AccruedTradeRebates`	$173.80M	USD	Point-in-time
Accrued trade rebates	`AccruedTradeRebates`	$176.30M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$76.20M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$74.90M	USD	Point-in-time
Other current liabilities	`OtherAccruedLiabilitiesCurrent`	$380.10M	USD	Point-in-time
Other current liabilities	`OtherAccruedLiabilitiesCurrent`	$383.40M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.80B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.55B	USD	Point-in-time
Long-term debt and finance leases	`LongTermDebtAndCapitalLeaseObligations`	$2.79B	USD	Point-in-time
Long-term debt and finance leases	`LongTermDebtAndCapitalLeaseObligations`	$2.50B	USD	Point-in-time
Long-term retirement benefits and other liabilities	`LongTermRetirementBenefitsAndOtherLiabilities`	$367.10M	USD	Point-in-time
Long-term retirement benefits and other liabilities	`LongTermRetirementBenefitsAndOtherLiabilities`	$474.90M	USD	Point-in-time
Deferred tax liabilities and income taxes payable	`DeferredAndPayableIncomeTaxes`	$247.90M	USD	Point-in-time
Deferred tax liabilities and income taxes payable	`DeferredAndPayableIncomeTaxes`	$238.50M	USD	Point-in-time
Commitments and contingencies (see Notes 7 and 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see Notes 7 and 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $1 par value per share, authorized 400,000,000 shares at year-end 2022 and 2021; issued 124,126,624 shares at year-end 2022 and 2021; outstanding 80,810,016 and 82,605,953 shares at year-end 2022 and 2021, respectively	`CommonStockValue`	$124.10M	USD	Point-in-time
Common stock, $1 par value per share, authorized 400,000,000 shares at year-end 2022 and 2021; issued 124,126,624 shares at year-end 2022 and 2021; outstanding 80,810,016 and 82,605,953 shares at year-end 2022 and 2021, respectively	`CommonStockValue`	$124.10M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$862.30M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$879.30M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.41B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.88B	USD	Point-in-time
Treasury stock at cost, 43,316,608 and 41,520,671 shares at year-end 2022 and 2021, respectively	`TreasuryStockCommonValue`	$3.02B	USD	Point-in-time
Treasury stock at cost, 43,316,608 and 41,520,671 shares at year-end 2022 and 2021, respectively	`TreasuryStockCommonValue`	$2.66B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-364.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-282.90M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.92B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$2.03B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.20B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.48B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$7.97B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$7.95B	USD	Point-in-time

Income Statement 45 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$8.41B	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.97B	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$9.04B	USD	Annual
Cost of products sold	`CostOfGoodsAndServicesSold`	$6.64B	USD	Annual
Cost of products sold	`CostOfGoodsAndServicesSold`	$6.10B	USD	Annual
Cost of products sold	`CostOfGoodsAndServicesSold`	$5.05B	USD	Annual
Gross profit	`GrossProfit`	$2.31B	USD	Annual
Gross profit	`GrossProfit`	$1.92B	USD	Annual
Gross profit	`GrossProfit`	$2.40B	USD	Annual
Marketing, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$1.33B	USD	Annual
Marketing, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$1.25B	USD	Annual
Marketing, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$1.06B	USD	Annual
Other expense (income), net	`OtherExpenseIncomeNet`	$53.60M	USD	Annual
Other expense (income), net	`OtherExpenseIncomeNet`	$-600.00K	USD	Annual
Other expense (income), net	`OtherExpenseIncomeNet`	$5.60M	USD	Annual
Interest expense	`InterestExpense`	$84.10M	USD	Annual
Interest expense	`InterestExpense`	$70.20M	USD	Annual
Interest expense	`InterestExpense`	$70.00M	USD	Annual
Other non-operating expense (income), net	`OtherNonoperatingIncomeExpense`	$9.40M	USD	Annual
Other non-operating expense (income), net	`OtherNonoperatingIncomeExpense`	$-1.90M	USD	Annual
Other non-operating expense (income), net	`OtherNonoperatingIncomeExpense`	$4.10M	USD	Annual
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$737.30M	USD	Annual
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$992.60M	USD	Annual
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$999.30M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$177.70M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$242.20M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$248.60M	USD	Annual
Equity method investment (losses) gains	`IncomeLossFromEquityMethodInvestments`	-	USD	Annual
Equity method investment (losses) gains	`IncomeLossFromEquityMethodInvestments`	$-3.90M	USD	Annual
Equity method investment (losses) gains	`IncomeLossFromEquityMethodInvestments`	$-3.70M	USD	Annual
Net income	`NetIncomeLoss`	$740.10M	USD	Annual
Net income	`NetIncomeLoss`	$757.10M	USD	Annual
Net income	`NetIncomeLoss`	$555.90M	USD	Annual
Net income per common share (in dollars per share)	`EarningsPerShareBasic`	$8.93	USD	Annual
Net income per common share (in dollars per share)	`EarningsPerShareBasic`	$9.28	USD	Annual
Net income per common share (in dollars per share)	`EarningsPerShareBasic`	$6.67	USD	Annual
Net income per common share, assuming dilution (in dollars per share)	`EarningsPerShareDiluted`	$6.61	USD	Annual
Net income per common share, assuming dilution (in dollars per share)	`EarningsPerShareDiluted`	$8.83	USD	Annual
Net income per common share, assuming dilution (in dollars per share)	`EarningsPerShareDiluted`	$9.21	USD	Annual
Common shares (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	81.60M	shares	Annual
Common shares (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	82.90M	shares	Annual
Common shares (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	83.40M	shares	Annual
Common shares, assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	82.20M	shares	Annual
Common shares, assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	83.80M	shares	Annual
Common shares, assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	84.10M	shares	Annual

Cash Flow Statement 110 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$740.10M	USD	Annual
Net income	`NetIncomeLoss`	$757.10M	USD	Annual
Net income	`NetIncomeLoss`	$555.90M	USD	Annual
Depreciation	`Depreciation`	$177.40M	USD	Annual
Depreciation	`Depreciation`	$167.30M	USD	Annual
Depreciation	`Depreciation`	$154.20M	USD	Annual
Amortization	`AdjustmentForAmortization`	$76.80M	USD	Annual
Amortization	`AdjustmentForAmortization`	$51.10M	USD	Annual
Amortization	`AdjustmentForAmortization`	$113.30M	USD	Annual
Provision for credit losses and sales returns	`AccountsReceivableCreditLossExpenseReversalAndSalesReturns`	$64.00M	USD	Annual
Provision for credit losses and sales returns	`AccountsReceivableCreditLossExpenseReversalAndSalesReturns`	$35.70M	USD	Annual
Provision for credit losses and sales returns	`AccountsReceivableCreditLossExpenseReversalAndSalesReturns`	$50.10M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$37.20M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$24.00M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$47.40M	USD	Annual
Pension plan settlements and related charges	`DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1`	-	USD	Annual
Pension plan settlements and related charges	`DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1`	$-500.00K	USD	Annual
Pension plan settlements and related charges	`DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1`	$-1.60M	USD	Annual
Deferred taxes and other non-cash taxes	`NoncashIncomeTaxes`	$18.40M	USD	Annual
Deferred taxes and other non-cash taxes	`NoncashIncomeTaxes`	$2.60M	USD	Annual
Deferred taxes and other non-cash taxes	`NoncashIncomeTaxes`	$9.30M	USD	Annual
Other non-cash expense and loss (income and gain), net	`OtherNoncashIncomeExpense`	$-44.90M	USD	Annual
Other non-cash expense and loss (income and gain), net	`OtherNoncashIncomeExpense`	$-10.10M	USD	Annual
Other non-cash expense and loss (income and gain), net	`OtherNoncashIncomeExpense`	$-23.50M	USD	Annual
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$22.10M	USD	Annual
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-14.70M	USD	Annual
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$113.20M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$6.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$140.70M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$182.70M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-68.20M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$255.20M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$68.20M	USD	Annual
Taxes on income	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$18.90M	USD	Annual
Taxes on income	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-35.20M	USD	Annual
Taxes on income	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-7.30M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-4.10M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-15.30M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-18.20M	USD	Annual
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-76.10M	USD	Annual
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$19.30M	USD	Annual
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-165.80M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.05B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$751.30M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$961.00M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$201.40M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$278.10M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$255.00M	USD	Annual
Purchases of software and other deferred charges	`PurchaseOfSoftwareAndOtherDeferredCharges`	$17.10M	USD	Annual
Purchases of software and other deferred charges	`PurchaseOfSoftwareAndOtherDeferredCharges`	$17.20M	USD	Annual
Purchases of software and other deferred charges	`PurchaseOfSoftwareAndOtherDeferredCharges`	$20.40M	USD	Annual
Proceeds from sales of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$9.20M	USD	Annual
Proceeds from sales of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.30M	USD	Annual
Proceeds from sales of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.10M	USD	Annual
Proceeds from insurance and sales (purchases) of investments, net	`PaymentsForProceedsFromInvestments`	$-1.90M	USD	Annual
Proceeds from insurance and sales (purchases) of investments, net	`PaymentsForProceedsFromInvestments`	$-5.60M	USD	Annual
Proceeds from insurance and sales (purchases) of investments, net	`PaymentsForProceedsFromInvestments`	$-3.10M	USD	Annual
Proceeds from sale of product line and venture investment	`ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates`	-	USD	Annual
Proceeds from sale of product line and venture investment	`ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates`	$7.60M	USD	Annual
Proceeds from sale of product line and venture investment	`ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates`	$1.10M	USD	Annual
Payments for acquisitions, net of cash acquired, and venture investments	`PaymentsToAcquireBusinessesAndInterestInAffiliates`	$1.48B	USD	Annual
Payments for acquisitions, net of cash acquired, and venture investments	`PaymentsToAcquireBusinessesAndInterestInAffiliates`	$39.50M	USD	Annual
Payments for acquisitions, net of cash acquired, and venture investments	`PaymentsToAcquireBusinessesAndInterestInAffiliates`	$350.40M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-554.20M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.74B	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-332.70M	USD	Annual
Net increase (decrease) in borrowings with maturities of three months or less	`ProceedsFromRepaymentsOfShortTermDebt`	$34.60M	USD	Annual
Net increase (decrease) in borrowings with maturities of three months or less	`ProceedsFromRepaymentsOfShortTermDebt`	$-110.40M	USD	Annual
Net increase (decrease) in borrowings with maturities of three months or less	`ProceedsFromRepaymentsOfShortTermDebt`	$259.20M	USD	Annual
Additional borrowings under revolving credit facility	`ProceedsFromRevolvingLinesOfCredit`	-	USD	Annual
Additional borrowings under revolving credit facility	`ProceedsFromRevolvingLinesOfCredit`	$500.00M	USD	Annual
Additional borrowings under revolving credit facility	`ProceedsFromRevolvingLinesOfCredit`	-	USD	Annual
Repayments of borrowings under revolving credit facility	`RepaymentsOfRevolvingCreditFacility`	$500.00M	USD	Annual
Repayments of borrowings under revolving credit facility	`RepaymentsOfRevolvingCreditFacility`	-	USD	Annual
Repayments of borrowings under revolving credit facility	`RepaymentsOfRevolvingCreditFacility`	-	USD	Annual
Additional long-term borrowings	`ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet`	$791.70M	USD	Annual
Additional long-term borrowings	`ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet`	-	USD	Annual
Additional long-term borrowings	`ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet`	$493.70M	USD	Annual
Repayments of long-term debt and finance leases	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$6.30M	USD	Annual
Repayments of long-term debt and finance leases	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$13.40M	USD	Annual
Repayments of long-term debt and finance leases	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$270.20M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$196.80M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$238.90M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$220.60M	USD	Annual
Share repurchases	`PaymentsForRepurchaseOfCommonStock`	$379.50M	USD	Annual
Share repurchases	`PaymentsForRepurchaseOfCommonStock`	$104.30M	USD	Annual
Share repurchases	`PaymentsForRepurchaseOfCommonStock`	$180.90M	USD	Annual
Net (tax withholding) proceeds related to stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$25.10M	USD	Annual
Net (tax withholding) proceeds related to stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$19.70M	USD	Annual
Net (tax withholding) proceeds related to stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$25.40M	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-6.30M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$604.30M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-615.20M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-207.70M	USD	Annual
Effect of foreign currency translation on cash balances	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.20M	USD	Annual
Effect of foreign currency translation on cash balances	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-8.60M	USD	Annual
Effect of foreign currency translation on cash balances	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.80M	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.40M	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-89.60M	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$4.50M	USD	Annual
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$252.30M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$253.70M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$162.70M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$167.20M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$252.30M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$253.70M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$162.70M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$167.20M	USD	Point-in-time

Stockholders Equity 35 line items

Line Item	Tag	Value	Unit	Period
Stock issued under stock-based compensation plans (in shares)	`StockIssuedDuringPeriodSharesShareBasedCompensation`	389,102.00	shares	Annual
Stock issued under stock-based compensation plans (in shares)	`StockIssuedDuringPeriodSharesShareBasedCompensation`	223,676.00	shares	Annual
Stock issued under stock-based compensation plans (in shares)	`StockIssuedDuringPeriodSharesShareBasedCompensation`	257,189.00	shares	Annual
Stock issued under 401(k) Plan (in shares)	`StockIssuedDuringPeriodSharesEmployeeBenefitPlan`	123,015.00	shares	Annual
Stock issued under 401(k) Plan (in shares)	`StockIssuedDuringPeriodSharesEmployeeBenefitPlan`	153,803.00	shares	Annual
Stock issued under 401(k) Plan (in shares)	`StockIssuedDuringPeriodSharesEmployeeBenefitPlan`	188,229.00	shares	Annual
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$2.66	USD	Annual
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$2.36	USD	Annual
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$2.93	USD	Annual
Beginning balance	`StockholdersEquity`	$1.92B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.03B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.20B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.48B	USD	Point-in-time
Net income	`NetIncomeLoss`	$740.10M	USD	Annual
Net income	`NetIncomeLoss`	$757.10M	USD	Annual
Net income	`NetIncomeLoss`	$555.90M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$66.70M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.50M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-81.10M	USD	Annual
Repurchase of 2,173,416, 925,425 and 792,997 shares for treasury for the years ended 2022, 2021 and 2020, respectively	`TreasuryStockValueAcquiredCostMethod`	$180.90M	USD	Annual
Repurchase of 2,173,416, 925,425 and 792,997 shares for treasury for the years ended 2022, 2021 and 2020, respectively	`TreasuryStockValueAcquiredCostMethod`	$379.50M	USD	Annual
Repurchase of 2,173,416, 925,425 and 792,997 shares for treasury for the years ended 2022, 2021 and 2020, respectively	`TreasuryStockValueAcquiredCostMethod`	$104.30M	USD	Annual
Issuance of 223,676, 257,189 and 389,102 shares under stock-based compensation plans for the years ended 2022, 2021 and 2020, respectively	`StockIssuedDuringPeriodValueShareBasedCompensation`	$23.20M	USD	Annual
Issuance of 223,676, 257,189 and 389,102 shares under stock-based compensation plans for the years ended 2022, 2021 and 2020, respectively	`StockIssuedDuringPeriodValueShareBasedCompensation`	$9.60M	USD	Annual
Issuance of 223,676, 257,189 and 389,102 shares under stock-based compensation plans for the years ended 2022, 2021 and 2020, respectively	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.90M	USD	Annual
Contribution of 153,803, 123,015 and 188,229 shares to 401(k) plan for the years ended 2022, 2021 and 2020, respectively	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$22.70M	USD	Annual
Contribution of 153,803, 123,015 and 188,229 shares to 401(k) plan for the years ended 2022, 2021 and 2020, respectively	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$27.00M	USD	Annual
Contribution of 153,803, 123,015 and 188,229 shares to 401(k) plan for the years ended 2022, 2021 and 2020, respectively	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$24.60M	USD	Annual
Dividends of $2.93, $2.66 and $2.36 per share for the years ended 2022, 2021 and 2020, respectively	`DividendsCommonStockCash`	$238.90M	USD	Annual
Dividends of $2.93, $2.66 and $2.36 per share for the years ended 2022, 2021 and 2020, respectively	`DividendsCommonStockCash`	$220.60M	USD	Annual
Dividends of $2.93, $2.66 and $2.36 per share for the years ended 2022, 2021 and 2020, respectively	`DividendsCommonStockCash`	$196.80M	USD	Annual
Ending balance	`StockholdersEquity`	$1.92B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.03B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.20B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.48B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$740.10M	USD	Annual
Net income	`NetIncomeLoss`	$757.10M	USD	Annual
Net income	`NetIncomeLoss`	$555.90M	USD	Annual
Translation (loss) gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-96.60M	USD	Annual
Translation (loss) gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$30.70M	USD	Annual
Translation (loss) gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-3.00M	USD	Annual
Net gain recognized from actuarial gain/loss and prior service cost/credit	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-6.20M	USD	Annual
Net gain recognized from actuarial gain/loss and prior service cost/credit	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-6.30M	USD	Annual
Net gain recognized from actuarial gain/loss and prior service cost/credit	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-27.90M	USD	Annual
Reclassifications to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$2.90M	USD	Annual
Reclassifications to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$2.80M	USD	Annual
Reclassifications to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$4.40M	USD	Annual
Gains (losses) recognized on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-7.50M	USD	Annual
Gains (losses) recognized on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$5.40M	USD	Annual
Gains (losses) recognized on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$4.90M	USD	Annual
Reclassifications to net income	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$1.70M	USD	Annual
Reclassifications to net income	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-1.50M	USD	Annual
Reclassifications to net income	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$100.00K	USD	Annual
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$66.70M	USD	Annual
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.50M	USD	Annual
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-81.10M	USD	Annual
Total comprehensive income, net of tax	`ComprehensiveIncomeNetOfTax`	$806.80M	USD	Annual
Total comprehensive income, net of tax	`ComprehensiveIncomeNetOfTax`	$676.00M	USD	Annual
Total comprehensive income, net of tax	`ComprehensiveIncomeNetOfTax`	$554.40M	USD	Annual

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