10-K Filing

AVERY DENNISON CORP CIK: 8818 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0000008818-24-000003`
Period End Date	20231231
Filing Date	20240221
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	avy-20231230_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 45 Cash Flow Statement 104 Stockholders Equity 35 Comprehensive Income 24

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Trade accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$34.40M	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`	$215.00M	USD	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, authorized shares (in shares)	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Trade accounts receivable, less allowances of $34.4 at year-end 2023 and 2022	`AccountsReceivableNetCurrent`	$1.41B	USD	Point-in-time
Trade accounts receivable, less allowances of $34.4 at year-end 2023 and 2022	`AccountsReceivableNetCurrent`	$1.37B	USD	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
Common stock, outstanding shares (in shares)	`CommonStockSharesOutstanding`	80.50M	shares	Point-in-time
Inventories	`InventoryNet`	$1.01B	USD	Point-in-time
Common stock, outstanding shares (in shares)	`CommonStockSharesOutstanding`	80.81M	shares	Point-in-time
Inventories	`InventoryNet`	$920.70M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$230.50M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	43.63M	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	43.32M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$245.40M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.80B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.78B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$1.63B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$1.48B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$1.54B	USD	Point-in-time
Goodwill	`Goodwill`	$1.88B	USD	Point-in-time
Goodwill	`Goodwill`	$2.01B	USD	Point-in-time
Goodwill	`Goodwill`	$1.86B	USD	Point-in-time
Other intangibles resulting from business acquisitions, net	`IntangibleAssetsNetExcludingGoodwill`	$849.10M	USD	Point-in-time
Other intangibles resulting from business acquisitions, net	`IntangibleAssetsNetExcludingGoodwill`	$840.30M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$115.70M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$115.10M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$809.60M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$810.50M	USD	Point-in-time
Total assets	`Assets`	$8.21B	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`	$598.60M	USD	Point-in-time
Short-term borrowings and current portion of long-term debt and finance leases	`DebtCurrent`	$622.20M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.34B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.28B	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$228.50M	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$213.40M	USD	Point-in-time
Accrued trade rebates	`AccruedTradeRebates`	$173.80M	USD	Point-in-time
Accrued trade rebates	`AccruedTradeRebates`	$142.40M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$57.60M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$76.20M	USD	Point-in-time
Other current liabilities	`OtherAccruedLiabilitiesCurrent`	$386.80M	USD	Point-in-time
Other current liabilities	`OtherAccruedLiabilitiesCurrent`	$383.40M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.70B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.80B	USD	Point-in-time
Long-term debt and finance leases	`LongTermDebtAndCapitalLeaseObligations`	$2.50B	USD	Point-in-time
Long-term debt and finance leases	`LongTermDebtAndCapitalLeaseObligations`	$2.62B	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`	$500.30M	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`	$260.00M	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 2023 and 2022; issued 124,126,624 shares at year-end 2023 and 2022; outstanding 80,495,585 and 80,810,016 shares at year-end 2023 and 2022, respectively	`CommonStockValue`	$124.10M	USD	Point-in-time
Common stock, $1 par value per share, authorized 400,000,000 shares at year-end 2023 and 2022; issued 124,126,624 shares at year-end 2023 and 2022; outstanding 80,495,585 and 80,810,016 shares at year-end 2023 and 2022, respectively	`CommonStockValue`	$124.10M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$879.30M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$854.50M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.41B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.69B	USD	Point-in-time
Treasury stock at cost, 43,631,039 and 43,316,608 shares at year-end 2023 and 2022, respectively	`TreasuryStockCommonValue`	$3.13B	USD	Point-in-time
Treasury stock at cost, 43,631,039 and 43,316,608 shares at year-end 2023 and 2022, respectively	`TreasuryStockCommonValue`	$3.02B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-408.10M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-364.00M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$2.13B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$2.03B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.92B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.48B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$7.95B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$8.21B	USD	Point-in-time

Income Statement 45 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$8.36B	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$8.41B	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$9.04B	USD	Annual
Cost of products sold	`CostOfGoodsAndServicesSold`	$6.10B	USD	Annual
Cost of products sold	`CostOfGoodsAndServicesSold`	$6.64B	USD	Annual
Cost of products sold	`CostOfGoodsAndServicesSold`	$6.09B	USD	Annual
Gross profit	`GrossProfit`	$2.31B	USD	Annual
Gross profit	`GrossProfit`	$2.40B	USD	Annual
Gross profit	`GrossProfit`	$2.28B	USD	Annual
Marketing, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$1.33B	USD	Annual
Marketing, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$1.31B	USD	Annual
Marketing, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$1.25B	USD	Annual
Other expense (income), net	`OtherExpenseIncomeNet`	$180.90M	USD	Annual
Other expense (income), net	`OtherExpenseIncomeNet`	$5.60M	USD	Annual
Other expense (income), net	`OtherExpenseIncomeNet`	$-600.00K	USD	Annual
Interest expense	`InterestExpense`	$84.10M	USD	Annual
Interest expense	`InterestExpense`	$119.00M	USD	Annual
Interest expense	`InterestExpense`	$70.20M	USD	Annual
Other non-operating expense (income), net	`OtherNonoperatingIncomeExpense`	$4.10M	USD	Annual
Other non-operating expense (income), net	`OtherNonoperatingIncomeExpense`	$9.40M	USD	Annual
Other non-operating expense (income), net	`OtherNonoperatingIncomeExpense`	$30.80M	USD	Annual
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$992.60M	USD	Annual
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$694.70M	USD	Annual
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$999.30M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$248.60M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$242.20M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$191.70M	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`	-	USD	Annual
Net income	`NetIncomeLoss`	$740.10M	USD	Annual
Net income	`NetIncomeLoss`	$503.00M	USD	Annual
Net income	`NetIncomeLoss`	$757.10M	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`	$6.23	USD	Annual
Net income per common share (in dollars per share)	`EarningsPerShareBasic`	$9.28	USD	Annual
Net income per common share, assuming dilution (in dollars per share)	`EarningsPerShareDiluted`	$9.21	USD	Annual
Net income per common share, assuming dilution (in dollars per share)	`EarningsPerShareDiluted`	$6.20	USD	Annual
Net income per common share, assuming dilution (in dollars per share)	`EarningsPerShareDiluted`	$8.83	USD	Annual
Common shares (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	82.90M	shares	Annual
Common shares (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	81.60M	shares	Annual
Common shares (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	80.70M	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`	81.10M	shares	Annual

Cash Flow Statement 104 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$740.10M	USD	Annual
Net income	`NetIncomeLoss`	$503.00M	USD	Annual
Net income	`NetIncomeLoss`	$757.10M	USD	Annual
Depreciation	`Depreciation`	$167.30M	USD	Annual
Depreciation	`Depreciation`	$177.40M	USD	Annual
Depreciation	`Depreciation`	$187.40M	USD	Annual
Amortization	`AdjustmentForAmortization`	$76.80M	USD	Annual
Amortization	`AdjustmentForAmortization`	$113.30M	USD	Annual
Amortization	`AdjustmentForAmortization`	$111.00M	USD	Annual
Provision for credit losses and sales returns	`AccountsReceivableCreditLossExpenseReversalAndSalesReturns`	$50.10M	USD	Annual
Provision for credit losses and sales returns	`AccountsReceivableCreditLossExpenseReversalAndSalesReturns`	$49.90M	USD	Annual
Provision for credit losses and sales returns	`AccountsReceivableCreditLossExpenseReversalAndSalesReturns`	$35.70M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$22.30M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$47.40M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$37.20M	USD	Annual
Deferred taxes and other non-cash taxes	`DeferredIncomeTaxesAndTaxCredits`	$2.60M	USD	Annual
Deferred taxes and other non-cash taxes	`DeferredIncomeTaxesAndTaxCredits`	$18.40M	USD	Annual
Deferred taxes and other non-cash taxes	`DeferredIncomeTaxesAndTaxCredits`	$-24.40M	USD	Annual
Other non-cash expense and loss (income and gain), net	`OtherNoncashIncomeExpense`	$-23.50M	USD	Annual
Other non-cash expense and loss (income and gain), net	`OtherNoncashIncomeExpense`	$-11.70M	USD	Annual
Other non-cash expense and loss (income and gain), net	`OtherNoncashIncomeExpense`	$-37.10M	USD	Annual
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$113.20M	USD	Annual
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$16.70M	USD	Annual
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$22.10M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-111.70M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$182.70M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$140.70M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$68.20M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$255.20M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-87.60M	USD	Annual
Taxes on income	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-18.70M	USD	Annual
Taxes on income	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$18.90M	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`	$-37.70M	USD	Annual
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-165.80M	USD	Annual
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-86.70M	USD	Annual
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$19.30M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$961.00M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$826.00M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.05B	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$278.10M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$265.30M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$255.00M	USD	Annual
Purchases of software and other deferred charges	`PurchaseOfSoftwareAndOtherDeferredCharges`	$20.40M	USD	Annual
Purchases of software and other deferred charges	`PurchaseOfSoftwareAndOtherDeferredCharges`	$17.10M	USD	Annual
Purchases of software and other deferred charges	`PurchaseOfSoftwareAndOtherDeferredCharges`	$19.80M	USD	Annual
Proceeds from company-owned life insurance policies	`ProceedsFromLifeInsurancePolicies`	$48.10M	USD	Annual
Proceeds from company-owned life insurance policies	`ProceedsFromLifeInsurancePolicies`	-	USD	Annual
Proceeds from company-owned life insurance policies	`ProceedsFromLifeInsurancePolicies`	-	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 sales of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.00M	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`	$-1.90M	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`	$39.50M	USD	Annual
Payments for acquisitions, net of cash acquired, and venture investments	`PaymentsToAcquireBusinessesAndInterestInAffiliates`	$224.90M	USD	Annual
Payments for acquisitions, net of cash acquired, and venture investments	`PaymentsToAcquireBusinessesAndInterestInAffiliates`	$1.48B	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-332.70M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.74B	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-459.00M	USD	Annual
Net increase (decrease) in borrowings with maturities of three months or less	`ProceedsFromRepaymentsOfShortTermDebt`	$-36.60M	USD	Annual
Net increase (decrease) in borrowings with maturities of three months or less	`ProceedsFromRepaymentsOfShortTermDebt`	$259.20M	USD	Annual
Net increase (decrease) in borrowings with maturities of three months or less	`ProceedsFromRepaymentsOfShortTermDebt`	$34.60M	USD	Annual
Additional long-term borrowings	`ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet`	$791.70M	USD	Annual
Additional long-term borrowings	`ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet`	$394.90M	USD	Annual
Additional long-term borrowings	`ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet`	-	USD	Annual
Repayments of long-term debt and finance leases	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$13.40M	USD	Annual
Repayments of long-term debt and finance leases	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$255.90M	USD	Annual
Repayments of long-term debt and finance leases	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$6.30M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$256.70M	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`	$137.50M	USD	Annual
Share repurchases	`PaymentsForRepurchaseOfCommonStock`	$180.90M	USD	Annual
Net (tax withholding) proceeds related to stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$23.80M	USD	Annual
Net (tax withholding) proceeds related to stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$25.40M	USD	Annual
Net (tax withholding) proceeds related to stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$25.10M	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.60M	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-6.30M	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	-	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`	$-317.20M	USD	Annual
Effect of foreign currency translation on cash balances	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.80M	USD	Annual
Effect of foreign currency translation on cash balances	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-8.60M	USD	Annual
Effect of foreign currency translation on cash balances	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.00M	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$4.50M	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$47.80M	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-89.60M	USD	Annual
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$167.20M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$252.30M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$215.00M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$162.70M	USD	Point-in-time
Cash and cash equivalents, end 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`	$215.00M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$162.70M	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`	223,676.00	shares	Annual
Stock issued under stock-based compensation plans (in shares)	`StockIssuedDuringPeriodSharesShareBasedCompensation`	257,189.00	shares	Annual
Stock issued under stock-based compensation plans (in shares)	`StockIssuedDuringPeriodSharesShareBasedCompensation`	297,885.00	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`	168,404.00	shares	Annual
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$2.66	USD	Annual
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$3.18	USD	Annual
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$2.93	USD	Annual
Beginning balance	`StockholdersEquity`	$2.13B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.03B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.92B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.48B	USD	Point-in-time
Net income	`NetIncomeLoss`	$740.10M	USD	Annual
Net income	`NetIncomeLoss`	$503.00M	USD	Annual
Net income	`NetIncomeLoss`	$757.10M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-44.10M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-81.10M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$66.70M	USD	Annual
Repurchase of shares for treasury	`TreasuryStockValueAcquiredCostMethod`	$379.50M	USD	Annual
Repurchase of shares for treasury	`TreasuryStockValueAcquiredCostMethod`	$137.50M	USD	Annual
Repurchase of shares for treasury	`TreasuryStockValueAcquiredCostMethod`	$180.90M	USD	Annual
Issuance of shares under stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$9.60M	USD	Annual
Issuance of shares under stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$23.20M	USD	Annual
Issuance of shares under stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$600.00K	USD	Annual
Contribution of shares to 401(k) plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$30.40M	USD	Annual
Contribution of shares to 401(k) plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$24.60M	USD	Annual
Contribution of shares to 401(k) plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$27.00M	USD	Annual
Dividends	`DividendsCommonStockCash`	$238.90M	USD	Annual
Dividends	`DividendsCommonStockCash`	$256.70M	USD	Annual
Dividends	`DividendsCommonStockCash`	$220.60M	USD	Annual
Ending balance	`StockholdersEquity`	$2.13B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.03B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.92B	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`	$503.00M	USD	Annual
Net income	`NetIncomeLoss`	$757.10M	USD	Annual
Translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-96.60M	USD	Annual
Translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-14.60M	USD	Annual
Translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$30.70M	USD	Annual
Net gain (loss) recognized from actuarial gain/loss and prior service cost/credit	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-27.90M	USD	Annual
Net gain (loss) recognized from actuarial gain/loss and prior service cost/credit	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$25.20M	USD	Annual
Net gain (loss) recognized from actuarial gain/loss and prior service cost/credit	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-6.30M	USD	Annual
Reclassifications to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$2.80M	USD	Annual
Reclassifications to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$-1.00M	USD	Annual
Reclassifications to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$4.40M	USD	Annual
Gain (loss) recognized on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$5.40M	USD	Annual
Gain (loss) recognized on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$4.90M	USD	Annual
Gain (loss) recognized on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-7.00M	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`	$-3.70M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-44.10M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-81.10M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$66.70M	USD	Annual
Total comprehensive income, net of tax	`ComprehensiveIncomeNetOfTax`	$458.90M	USD	Annual
Total comprehensive income, net of tax	`ComprehensiveIncomeNetOfTax`	$676.00M	USD	Annual
Total comprehensive income, net of tax	`ComprehensiveIncomeNetOfTax`	$806.80M	USD	Annual

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