10-Q Filing

BROWN FORMAN CORP CIK: 14693 Q3 2024

Filing Information

Form Type	10-Q
Accession Number	`0000014693-24-000016`
Period End Date	20240131
Filing Date	20240306
Fiscal Year	2024
Fiscal Period	Q3
XBRL Instance	bfb-20240131_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 79 Income Statement 72 Cash Flow Statement 79 Comprehensive Income 32

Balance Sheet 79 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$7.00M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$7.00M	USD	Point-in-time
Treasury Stock, Common, Shares	`TreasuryStockCommonShares`	5.21M	shares	Point-in-time
Treasury Stock, Common, Shares	`TreasuryStockCommonShares`	12.05M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$428.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$374.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$589.00M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $7 at April 30 and $7 at January 31	`AccountsReceivableNetCurrent`	$855.00M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $7 at April 30 and $7 at January 31	`AccountsReceivableNetCurrent`	$878.00M	USD	Point-in-time
Barreled whiskey	`OtherInventoryNetOfReserves`	$1.44B	USD	Point-in-time
Barreled whiskey	`OtherInventoryNetOfReserves`	$1.26B	USD	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$509.00M	USD	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$479.00M	USD	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$388.00M	USD	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$321.00M	USD	Point-in-time
Raw materials and supplies	`InventoryRawMaterialsAndSuppliesNetOfReserves`	$223.00M	USD	Point-in-time
Raw materials and supplies	`InventoryRawMaterialsAndSuppliesNetOfReserves`	$191.00M	USD	Point-in-time
Total inventories	`InventoryNet`	$2.28B	USD	Point-in-time
Total inventories	`InventoryNet`	$2.53B	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$161.00M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	-	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$258.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$289.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.80B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.42B	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$1.03B	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$1.01B	USD	Point-in-time
Goodwill	`Goodwill`	$1.46B	USD	Point-in-time
Goodwill	`Goodwill`	$1.46B	USD	Point-in-time
Other intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$1.00B	USD	Point-in-time
Other intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$1.16B	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$66.00M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$66.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$274.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$258.00M	USD	Point-in-time
Total assets	`Assets`	$7.78B	USD	Point-in-time
Total assets	`Assets`	$8.24B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$747.00M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$827.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$103.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	-	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$22.00M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$19.00M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$235.00M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$728.00M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$15.00M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.61B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.08B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.68B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.68B	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$323.00M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$289.00M	USD	Point-in-time
Accrued pension and other postretirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$171.00M	USD	Point-in-time
Accrued pension and other postretirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$171.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$253.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$242.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.51B	USD	Point-in-time
Total liabilities	`Liabilities`	$4.99B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$15.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.00B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.64B	USD	Point-in-time
Accumulated other comprehensive income (loss), net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-235.00M	USD	Point-in-time
Accumulated other comprehensive income (loss), net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-224.00M	USD	Point-in-time
Treasury stock, at cost (5,215,000 and 12,047,000 shares at April 30 and January 31, respectively)	`TreasuryStockCommonValue`	$213.00M	USD	Point-in-time
Treasury stock, at cost (5,215,000 and 12,047,000 shares at April 30 and January 31, respectively)	`TreasuryStockCommonValue`	$613.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.27B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.81B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.25B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.04B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.74B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.04B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.45B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.34B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$8.24B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$7.78B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.41B	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.41B	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$4.08B	USD	3 Qtrs
Sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$4.14B	USD	3 Qtrs
Excise taxes	`ExciseAndSalesTaxes`	$325.00M	USD	1 Quarter
Excise taxes	`ExciseAndSalesTaxes`	$923.00M	USD	3 Qtrs
Excise taxes	`ExciseAndSalesTaxes`	$337.00M	USD	1 Quarter
Excise taxes	`ExciseAndSalesTaxes`	$896.00M	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.21B	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.07B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.18B	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.08B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.32B	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$1.26B	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$457.00M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$434.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.86B	USD	3 Qtrs
Gross profit	`GrossProfit`	$624.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$635.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.96B	USD	3 Qtrs
Advertising expenses	`AdvertisingExpense`	$143.00M	USD	1 Quarter
Advertising expenses	`AdvertisingExpense`	$414.00M	USD	3 Qtrs
Advertising expenses	`AdvertisingExpense`	$141.00M	USD	1 Quarter
Advertising expenses	`AdvertisingExpense`	$372.00M	USD	3 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$595.00M	USD	3 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$203.00M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$186.00M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$541.00M	USD	3 Qtrs
Other expense (income), net	`OtherOperatingIncomeExpenseNet`	$-124.00M	USD	1 Quarter
Other expense (income), net	`OtherOperatingIncomeExpenseNet`	$-117.00M	USD	3 Qtrs
Other expense (income), net	`OtherOperatingIncomeExpenseNet`	$91.00M	USD	3 Qtrs
Other expense (income), net	`OtherOperatingIncomeExpenseNet`	$84.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$173.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.04B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$829.00M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$373.00M	USD	1 Quarter
Non-operating postretirement expense	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$27.00M	USD	3 Qtrs
Non-operating postretirement expense	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$27.00M	USD	1 Quarter
Non-operating postretirement expense	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$1.00M	USD	1 Quarter
Non-operating postretirement expense	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$2.00M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$7.00M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$7.00M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$2.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$3.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$93.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$61.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$24.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$33.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$748.00M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$342.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$951.00M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$124.00M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$24.00M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$57.00M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$172.00M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$193.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$758.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$576.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$100.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$249.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$285.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$227.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$231.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$242.00M	USD	1 Quarter
Basic (dollars per share)	`EarningsPerShareBasic`	$1.59	USD	3 Qtrs
Basic (dollars per share)	`EarningsPerShareBasic`	$0.21	USD	1 Quarter
Basic (dollars per share)	`EarningsPerShareBasic`	$1.20	USD	3 Qtrs
Basic (dollars per share)	`EarningsPerShareBasic`	$0.60	USD	1 Quarter
Diluted (dollars per share)	`EarningsPerShareDiluted`	$1.20	USD	3 Qtrs
Diluted (dollars per share)	`EarningsPerShareDiluted`	$1.58	USD	3 Qtrs
Diluted (dollars per share)	`EarningsPerShareDiluted`	$0.60	USD	1 Quarter
Diluted (dollars per share)	`EarningsPerShareDiluted`	$0.21	USD	1 Quarter

Cash Flow Statement 79 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$758.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$576.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$100.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$249.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$285.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$227.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$231.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$242.00M	USD	1 Quarter
Gain on sale of business	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$90.00M	USD	3 Qtrs
Gain on sale of business	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	-	USD	3 Qtrs
Asset impairment charges	`AssetImpairmentCharges`	$96.00M	USD	3 Qtrs
Asset impairment charges	`AssetImpairmentCharges`	-	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$59.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$66.00M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$18.00M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$13.00M	USD	3 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$3.00M	USD	3 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-6.00M	USD	3 Qtrs
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$1.00M	USD	3 Qtrs
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$2.00M	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-17.00M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$106.00M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$21.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$288.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$320.00M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-28.00M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$19.00M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-69.00M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$66.00M	USD	3 Qtrs
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-36.00M	USD	3 Qtrs
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-2.00M	USD	3 Qtrs
Other operating assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-38.00M	USD	3 Qtrs
Other operating assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$8.00M	USD	3 Qtrs
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$410.00M	USD	3 Qtrs
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$362.00M	USD	3 Qtrs
Proceeds from sale of business	`ProceedsFromDivestitureOfBusinesses`	-	USD	3 Qtrs
Proceeds from sale of business	`ProceedsFromDivestitureOfBusinesses`	$194.00M	USD	3 Qtrs
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.20B	USD	3 Qtrs
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Additions to property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$116.00M	USD	3 Qtrs
Additions to property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$148.00M	USD	3 Qtrs
Proceeds from sale of property, plant, and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$12.00M	USD	3 Qtrs
Proceeds from sale of property, plant, and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$13.00M	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-4.00M	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$1.00M	USD	3 Qtrs
Cash provided by (used for) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$63.00M	USD	3 Qtrs
Cash provided by (used for) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.30B	USD	3 Qtrs
Proceeds from short-term borrowings, maturities greater than 90 days	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	-	USD	3 Qtrs
Proceeds from short-term borrowings, maturities greater than 90 days	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	$600.00M	USD	3 Qtrs
Net change in short-term borrowings	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$402.00M	USD	3 Qtrs
Net change in short-term borrowings	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$492.00M	USD	3 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$250.00M	USD	3 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	-	USD	3 Qtrs
Payments of withholding taxes related to stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.00M	USD	3 Qtrs
Payments of withholding taxes related to stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.00M	USD	3 Qtrs
Acquisition of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$400.00M	USD	3 Qtrs
Acquisition of treasury stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$300.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$279.00M	USD	3 Qtrs
Cash provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$468.00M	USD	3 Qtrs
Cash provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-212.00M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.00M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-15.00M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-437.00M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$215.00M	USD	3 Qtrs
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$384.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$874.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$599.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$437.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$384.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$874.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$599.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$437.00M	USD	Point-in-time
Less: Restricted cash (included in other current assets) at end of period	`RestrictedCash`	$10.00M	USD	Point-in-time
Less: Restricted cash (included in other current assets) at end of period	`RestrictedCash`	$9.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$428.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$374.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$589.00M	USD	Point-in-time

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$758.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$576.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$100.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$249.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$285.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$227.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$231.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$242.00M	USD	1 Quarter
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$119.00M	USD	1 Quarter
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$10.00M	USD	3 Qtrs
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$75.00M	USD	1 Quarter
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$108.00M	USD	3 Qtrs
Cash flow hedge adjustments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-10.00M	USD	1 Quarter
Cash flow hedge adjustments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-3.00M	USD	3 Qtrs
Cash flow hedge adjustments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-24.00M	USD	3 Qtrs
Cash flow hedge adjustments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-34.00M	USD	1 Quarter
Postretirement benefits adjustments	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-4.00M	USD	3 Qtrs
Postretirement benefits adjustments	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-1.00M	USD	1 Quarter
Postretirement benefits adjustments	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-6.00M	USD	1 Quarter
Postretirement benefits adjustments	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-10.00M	USD	3 Qtrs
Net other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$91.00M	USD	1 Quarter
Net other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$94.00M	USD	3 Qtrs
Net other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-91.00M	USD	1 Quarter
Net other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$11.00M	USD	3 Qtrs
Net other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$36.00M	USD	1 Quarter
Net other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.00M	USD	1 Quarter
Net other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$66.00M	USD	1 Quarter
Net other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$351.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$769.00M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$670.00M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$191.00M	USD	1 Quarter

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