10-K Filing

AVNET INC CIK: 8858 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0000008858-23-000029`
Period End Date	20230630
Filing Date	20230818
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	avt-20230701x10k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 63 Income Statement 50 Cash Flow Statement 86 Stockholders Equity 33 Comprehensive Income 9

Balance Sheet 63 line items

Line Item	Tag	Value	Unit	Period
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
Common stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$153.69M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$288.23M	USD	Point-in-time
Receivables	`AccountsReceivableNetCurrent`	$4.76B	USD	Point-in-time
Common stock, shares, issued	`CommonStockSharesIssued`	91.50M	shares	Point-in-time
Common stock, shares, issued	`CommonStockSharesIssued`	95.70M	shares	Point-in-time
Receivables	`AccountsReceivableNetCurrent`	$4.30B	USD	Point-in-time
Inventories	`InventoryNet`	$4.24B	USD	Point-in-time
Inventories	`InventoryNet`	$5.47B	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$177.78M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$233.80M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$10.75B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$8.88B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$315.20M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$368.50M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$441.56M	USD	Point-in-time
Goodwill	`Goodwill`	$780.63M	USD	Point-in-time
Goodwill	`Goodwill`	$758.83M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$221.70M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$227.14M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$282.42M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$210.73M	USD	Point-in-time
Total assets	`Assets`	$8.93B	USD	Point-in-time
Total assets	`Assets`	$12.48B	USD	Point-in-time
Total assets	`Assets`	$10.39B	USD	Point-in-time
Short-term debt	`DebtCurrent`	$70.64M	USD	Point-in-time
Short-term debt	`DebtCurrent`	$174.42M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.37B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.43B	USD	Point-in-time
Accrued expenses and other	`AccruedLiabilitiesCurrent`	$591.02M	USD	Point-in-time
Accrued expenses and other	`AccruedLiabilitiesCurrent`	$753.13M	USD	Point-in-time
Short-term operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$51.79M	USD	Point-in-time
Short-term operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$54.53M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.25B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.25B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.44B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.99B	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$199.42M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$190.62M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$297.46M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$307.30M	USD	Point-in-time
Total liabilities	`Liabilities`	$7.73B	USD	Point-in-time
Total liabilities	`Liabilities`	$6.20B	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock $1.00 par; authorized 300,000,000 shares; issued 91,504,053 shares and 95,701,630 shares, respectively	`CommonStockValue`	$91.50M	USD	Point-in-time
Common stock $1.00 par; authorized 300,000,000 shares; issued 91,504,053 shares and 95,701,630 shares, respectively	`CommonStockValue`	$95.70M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.69B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.66B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.38B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.92B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-153.75M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-481.25M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-409.38M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$4.19B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$3.73B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$4.08B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$4.75B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$12.48B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$10.39B	USD	Point-in-time

Income Statement 50 line items

Line Item	Tag	Value	Unit	Period
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$24.31B	USD	Annual
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$26.54B	USD	Annual
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$19.53B	USD	Annual
Cost of sales	`CostOfRevenue`	$23.35B	USD	Annual
Cost of sales	`CostOfRevenue`	$21.35B	USD	Annual
Cost of sales	`CostOfRevenue`	$17.29B	USD	Annual
Gross profit	`GrossProfit`	$3.18B	USD	Annual
Gross profit	`GrossProfit`	$2.24B	USD	Annual
Gross profit	`GrossProfit`	$2.97B	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.87B	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.99B	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.97B	USD	Annual
Russian-Ukraine conflict related expenses	`UnusualOrInfrequentItemNetGainLoss`	$26.26M	USD	Annual
Restructuring, integration and other expenses	`RestructuringIntegrationAndOtherCharges`	$28.04M	USD	Annual
Restructuring, integration and other expenses	`RestructuringIntegrationAndOtherCharges`	$84.39M	USD	Annual
Restructuring, integration and other expenses	`RestructuringIntegrationAndOtherCharges`	$5.27M	USD	Annual
Operating income	`OperatingIncomeLoss`	$1.19B	USD	Annual
Operating income	`OperatingIncomeLoss`	$281.41M	USD	Annual
Operating income	`OperatingIncomeLoss`	$939.01M	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-19.01M	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$9.91M	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-5.30M	USD	Annual
Interest and other financing expenses, net	`InterestExpense`	$89.47M	USD	Annual
Interest and other financing expenses, net	`InterestExpense`	$250.87M	USD	Annual
Interest and other financing expenses, net	`InterestExpense`	$100.38M	USD	Annual
Gain on legal settlements and other	`GainLossRelatedToLitigationSettlementAndOther`	$37.04M	USD	Annual
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$833.33M	USD	Annual
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$982.88M	USD	Annual
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$172.93M	USD	Annual
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$212.05M	USD	Annual
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$140.96M	USD	Annual
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-20.18M	USD	Annual
Net income	`NetIncomeLoss`	$193.11M	USD	Annual
Net income	`NetIncomeLoss`	$692.38M	USD	Annual
Net income	`NetIncomeLoss`	$770.83M	USD	Annual
Basic	`EarningsPerShareBasic`	$1.95	USD	Annual
Basic	`EarningsPerShareBasic`	$7.02	USD	Annual
Basic	`EarningsPerShareBasic`	$8.37	USD	Annual
Diluted	`EarningsPerShareDiluted`	$6.94	USD	Annual
Diluted	`EarningsPerShareDiluted`	$1.93	USD	Annual
Diluted	`EarningsPerShareDiluted`	$8.26	USD	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	92.04M	shares	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	99.26M	shares	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	98.66M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	99.82M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	100.17M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	93.37M	shares	Annual
Cash dividends paid per common share	`CommonStockDividendsPerShareCashPaid`	$0.85	USD	Annual
Cash dividends paid per common share	`CommonStockDividendsPerShareCashPaid`	$1.16	USD	Annual
Cash dividends paid per common share	`CommonStockDividendsPerShareCashPaid`	$1.00	USD	Annual

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$193.11M	USD	Annual
Net income	`NetIncomeLoss`	$692.38M	USD	Annual
Net income	`NetIncomeLoss`	$770.83M	USD	Annual
Depreciation	`DepreciationNonproduction`	$82.56M	USD	Annual
Depreciation	`DepreciationNonproduction`	$87.37M	USD	Annual
Depreciation	`DepreciationNonproduction`	$90.88M	USD	Annual
Amortization	`AmortizationOfIntangibleAssets`	$6.05M	USD	Annual
Amortization	`AmortizationOfIntangibleAssets`	$14.96M	USD	Annual
Amortization	`AmortizationOfIntangibleAssets`	$41.03M	USD	Annual
Amortization of Operating Lease Assets	`AmortizationOfOperatingLeaseAssets`	$52.88M	USD	Annual
Amortization of Operating Lease Assets	`AmortizationOfOperatingLeaseAssets`	$54.39M	USD	Annual
Amortization of Operating Lease Assets	`AmortizationOfOperatingLeaseAssets`	$56.78M	USD	Annual
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$52.51M	USD	Annual
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-14.65M	USD	Annual
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$37.06M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$38.78M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$29.34M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$36.74M	USD	Annual
Impairments	`AssetImpairmentCharges`	$15.17M	USD	Annual
Other, net	`OtherNoncashIncomeExpense`	$-34.12M	USD	Annual
Other, net	`OtherNoncashIncomeExpense`	$-22.51M	USD	Annual
Other, net	`OtherNoncashIncomeExpense`	$-52.14M	USD	Annual
Receivables	`IncreaseDecreaseInAccountsReceivable`	$461.12M	USD	Annual
Receivables	`IncreaseDecreaseInAccountsReceivable`	$615.35M	USD	Annual
Receivables	`IncreaseDecreaseInAccountsReceivable`	$1.13B	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$1.22B	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$1.17B	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$409.07M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$1.13B	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$620.97M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-75.94M	USD	Annual
Accrued expenses and other, net	`IncreaseDecreaseInAccruedLiabilities`	$134.45M	USD	Annual
Accrued expenses and other, net	`IncreaseDecreaseInAccruedLiabilities`	$30.92M	USD	Annual
Accrued expenses and other, net	`IncreaseDecreaseInAccruedLiabilities`	$28.79M	USD	Annual
Net cash flows (used for) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-713.70M	USD	Annual
Net cash flows (used for) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$90.95M	USD	Annual
Net cash flows (used for) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-219.31M	USD	Annual
Issuance of notes, net of discounts	`ProceedsFromIssuanceOfUnsecuredDebt`	$299.97M	USD	Annual
Issuance of notes, net of discounts	`ProceedsFromIssuanceOfUnsecuredDebt`	$297.66M	USD	Annual
Issuance of notes, net of discounts	`ProceedsFromIssuanceOfUnsecuredDebt`	$498.62M	USD	Annual
Repayment of public notes	`RepaymentsOfUnsecuredDebt`	$354.34M	USD	Annual
Repayment of public notes	`RepaymentsOfUnsecuredDebt`	$305.08M	USD	Annual
Borrowings under accounts receivable securitization, net	`ProceedsFromAccountsReceivableSecuritization`	$22.90M	USD	Annual
Borrowings under accounts receivable securitization, net	`ProceedsFromAccountsReceivableSecuritization`	$274.90M	USD	Annual
Borrowings under accounts receivable securitization, net	`ProceedsFromAccountsReceivableSecuritization`	$258.00M	USD	Annual
Borrowings (repayments) under senior unsecured credit facility, net	`ProceedsFromRepaymentsOfNotesPayable`	$-231.68M	USD	Annual
Borrowings (repayments) under senior unsecured credit facility, net	`ProceedsFromRepaymentsOfNotesPayable`	$728.18M	USD	Annual
Borrowings (repayments) under bank credit facilities and other debt, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$235.05M	USD	Annual
Borrowings (repayments) under bank credit facilities and other debt, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$-96.21M	USD	Annual
Borrowings (repayments) under bank credit facilities and other debt, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$-2.79M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$221.73M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$184.38M	USD	Annual
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$84.31M	USD	Annual
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$98.49M	USD	Annual
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$106.33M	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-5.78M	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-16.65M	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-10.72M	USD	Annual
Net cash flows provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-314.01M	USD	Annual
Net cash flows provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$156.06M	USD	Annual
Net cash flows provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.05B	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$50.36M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$48.90M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$194.67M	USD	Annual
Acquisitions of assets and businesses	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$18.38M	USD	Annual
Proceeds from liquidation of Company Owned Life Insurance Policies	`ProceedsFromLifeInsurancePolicies`	$90.38M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-7.55M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$16.88M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-9.81M	USD	Annual
Net cash flows (used for) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$51.30M	USD	Annual
Net cash flows (used for) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-61.20M	USD	Annual
Net cash flows (used for) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-211.55M	USD	Annual
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$6.91M	USD	Annual
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-34.05M	USD	Annual
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$5.04M	USD	Annual
increase (decrease)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$134.54M	USD	Annual
increase (decrease)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-277.35M	USD	Annual
increase (decrease)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-46.00M	USD	Annual
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$153.69M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$288.23M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$199.69M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$477.04M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$153.69M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$288.23M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$199.69M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$477.04M	USD	Point-in-time

Stockholders Equity 33 line items

Line Item	Tag	Value	Unit	Period
Tax on pension liability adjustment	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$582.00K	USD	Annual
Tax on pension liability adjustment	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$2.48M	USD	Annual
Tax on pension liability adjustment	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$8.15M	USD	Annual
Cash dividend paid per share	`CommonStockDividendsPerShareCashPaid`	$0.85	USD	Annual
Cash dividend paid per share	`CommonStockDividendsPerShareCashPaid`	$1.16	USD	Annual
Cash dividend paid per share	`CommonStockDividendsPerShareCashPaid`	$1.00	USD	Annual
Stockholders' Equity Attributable to Parent, Beginning Balance	`StockholdersEquity`	$4.19B	USD	Point-in-time
Stockholders' Equity Attributable to Parent, Beginning Balance	`StockholdersEquity`	$3.73B	USD	Point-in-time
Stockholders' Equity Attributable to Parent, Beginning Balance	`StockholdersEquity`	$4.08B	USD	Point-in-time
Stockholders' Equity Attributable to Parent, Beginning Balance	`StockholdersEquity`	$4.75B	USD	Point-in-time
Shares issued Beginning Balance	`CommonStockSharesIssued`	91.50M	shares	Point-in-time
Shares issued Beginning Balance	`CommonStockSharesIssued`	95.70M	shares	Point-in-time
Net Income (Loss)	`NetIncomeLoss`	$193.11M	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$692.38M	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$770.83M	USD	Annual
Pension liability adjustments, net	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$3.36M	USD	Annual
Pension liability adjustments, net	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-81.95M	USD	Annual
Pension liability adjustments, net	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-30.23M	USD	Annual
Cash dividends	`DividendsCommonStockCash`	$98.49M	USD	Annual
Cash dividends	`DividendsCommonStockCash`	$84.31M	USD	Annual
Cash dividends	`DividendsCommonStockCash`	$106.33M	USD	Annual
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$14.48M	USD	Annual
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$193.34M	USD	Annual
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$212.78M	USD	Annual
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$28.83M	USD	Annual
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$35.31M	USD	Annual
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$35.52M	USD	Annual
Shares issued Ending Balance	`CommonStockSharesIssued`	91.50M	shares	Point-in-time
Shares issued Ending Balance	`CommonStockSharesIssued`	95.70M	shares	Point-in-time
Stockholders' Equity Attributable to Parent, Ending Balance	`StockholdersEquity`	$4.19B	USD	Point-in-time
Stockholders' Equity Attributable to Parent, Ending Balance	`StockholdersEquity`	$3.73B	USD	Point-in-time
Stockholders' Equity Attributable to Parent, Ending Balance	`StockholdersEquity`	$4.08B	USD	Point-in-time
Stockholders' Equity Attributable to Parent, Ending Balance	`StockholdersEquity`	$4.75B	USD	Point-in-time

Comprehensive Income 9 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`NetIncomeLoss`	$193.11M	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$692.38M	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$770.83M	USD	Annual
Pension adjustments, net	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$3.36M	USD	Annual
Pension adjustments, net	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-81.95M	USD	Annual
Pension adjustments, net	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-30.23M	USD	Annual
Total comprehensive income, net of tax	`ComprehensiveIncomeNetOfTax`	$427.75M	USD	Annual
Total comprehensive income, net of tax	`ComprehensiveIncomeNetOfTax`	$842.70M	USD	Annual
Total comprehensive income, net of tax	`ComprehensiveIncomeNetOfTax`	$364.88M	USD	Annual

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