10-Q Filing

GARMIN LTD CIK: 1121788 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0000950170-21-000551`
Period End Date	20210630
Filing Date	20210728
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	grmn-20210626_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 87 Income Statement 76 Cash Flow Statement 68 Stockholders Equity 52 Comprehensive Income 16

Balance Sheet 87 line items

Line Item	Tag	Value	Unit	Period
Common shares, par value (in CHF dollars per share)	`CommonStockParOrStatedValuePerShare`	0.10	CHF	Point-in-time
Common shares, par value (in CHF dollars per share)	`CommonStockParOrStatedValuePerShare`	0.10	CHF	Point-in-time
Common shares, authorized	`CommonStockSharesAuthorized`	198.08M	shares	Point-in-time
Common shares, authorized	`CommonStockSharesAuthorized`	198.08M	shares	Point-in-time
Common shares, issued	`CommonStockSharesIssued`	198.08M	shares	Point-in-time
Common shares, issued	`CommonStockSharesIssued`	198.08M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.46B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.64B	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$330.57M	USD	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	191.57M	shares	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	192.32M	shares	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$387.64M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$737.27M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$849.47M	USD	Point-in-time
Inventories	`InventoryNet`	$938.61M	USD	Point-in-time
Inventories	`InventoryNet`	$762.08M	USD	Point-in-time
Deferred costs	`DeferredCostsCurrent`	$20.14M	USD	Point-in-time
Deferred costs	`DeferredCostsCurrent`	$16.97M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$220.91M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$191.57M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.67B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.88B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$957.92M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$855.54M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$791.17M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$94.63M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$93.10M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$1.20B	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$1.13B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$250.23M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$245.46M	USD	Point-in-time
Noncurrent deferred costs	`DeferredCosts`	$13.81M	USD	Point-in-time
Noncurrent deferred costs	`DeferredCosts`	$16.51M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$828.57M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$820.12M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$180.07M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$190.15M	USD	Point-in-time
Total assets	`Assets`	$7.40B	USD	Point-in-time
Total assets	`Assets`	$7.03B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$303.95M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$258.88M	USD	Point-in-time
Salaries and benefits payable	`EmployeeRelatedLiabilitiesCurrent`	$181.94M	USD	Point-in-time
Salaries and benefits payable	`EmployeeRelatedLiabilitiesCurrent`	$160.81M	USD	Point-in-time
Accrued warranty costs	`ProductWarrantyAccrualClassifiedCurrent`	$42.64M	USD	Point-in-time
Accrued warranty costs	`ProductWarrantyAccrualClassifiedCurrent`	$44.58M	USD	Point-in-time
Accrued sales program costs	`AccruedMarketingCostsCurrent`	$109.89M	USD	Point-in-time
Accrued sales program costs	`AccruedMarketingCostsCurrent`	$97.21M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$85.89M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$86.86M	USD	Point-in-time
Accrued advertising expense	`AccruedAdvertisingCurrent`	$31.48M	USD	Point-in-time
Accrued advertising expense	`AccruedAdvertisingCurrent`	$31.95M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$149.82M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$140.81M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$68.58M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$78.80M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrent`	$233.64M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrent`	$515.31M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.46B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.16B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$116.84M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$124.15M	USD	Point-in-time
Noncurrent income taxes	`AccruedIncomeTaxesNoncurrent`	$92.81M	USD	Point-in-time
Noncurrent income taxes	`AccruedIncomeTaxesNoncurrent`	$97.56M	USD	Point-in-time
Noncurrent deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$43.55M	USD	Point-in-time
Noncurrent deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$49.93M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$74.34M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$75.96M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$15.49M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$20.05M	USD	Point-in-time
Shares, CHF 0.10 par value, 198,077 shares authorized and issued; 192,321 shares outstanding at June 26, 2021 and 191,571 shares outstanding at December 26, 2020	`CommonStockValue`	$17.98M	USD	Point-in-time
Shares, CHF 0.10 par value, 198,077 shares authorized and issued; 192,321 shares outstanding at June 26, 2021 and 191,571 shares outstanding at December 26, 2020	`CommonStockValue`	$17.98M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.93B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.88B	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$303.37M	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$320.02M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.78B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.75B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$166.63M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$183.43M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.72B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.52B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.74B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.79B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.58B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.93B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.03B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.40B	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$869.87M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.33B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.73B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.40B	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$976.83M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$546.05M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$703.61M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$354.44M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.02B	USD	2 Qtrs
Gross profit	`GrossProfit`	$1.42B	USD	2 Qtrs
Gross profit	`GrossProfit`	$515.43M	USD	1 Quarter
Gross profit	`GrossProfit`	$780.85M	USD	1 Quarter
Advertising expense	`AdvertisingExpense`	$74.00M	USD	2 Qtrs
Advertising expense	`AdvertisingExpense`	$29.29M	USD	1 Quarter
Advertising expense	`AdvertisingExpense`	$42.94M	USD	1 Quarter
Advertising expense	`AdvertisingExpense`	$56.16M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$269.20M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$323.38M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$132.02M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$165.76M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$404.19M	USD	2 Qtrs
Research and development expense	`ResearchAndDevelopmentExpense`	$331.13M	USD	2 Qtrs
Research and development expense	`ResearchAndDevelopmentExpense`	$165.74M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$200.98M	USD	1 Quarter
Total operating expense	`OperatingExpenses`	$409.68M	USD	1 Quarter
Total operating expense	`OperatingExpenses`	$801.58M	USD	2 Qtrs
Total operating expense	`OperatingExpenses`	$327.04M	USD	1 Quarter
Total operating expense	`OperatingExpenses`	$656.50M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$620.83M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$371.17M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$188.39M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$365.87M	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$22.48M	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$7.02M	USD	1 Quarter
Interest income	`InterestIncomeOther`	$14.67M	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$10.46M	USD	1 Quarter
Foreign currency losses	`ForeignCurrencyTransactionGainLossBeforeTax`	$-15.61M	USD	2 Qtrs
Foreign currency losses	`ForeignCurrencyTransactionGainLossBeforeTax`	$-19.92M	USD	2 Qtrs
Foreign currency losses	`ForeignCurrencyTransactionGainLossBeforeTax`	$-7.33M	USD	1 Quarter
Foreign currency losses	`ForeignCurrencyTransactionGainLossBeforeTax`	$-4.49M	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$2.68M	USD	2 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$1.20M	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$3.24M	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$6.79M	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$1.74M	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$9.20M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$9.35M	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$887.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$197.59M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$375.23M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$372.06M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$622.57M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$29.87M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$13.41M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$55.06M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$85.55M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$184.18M	USD	1 Quarter
Net income	`NetIncomeLoss`	$317.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$345.36M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$537.02M	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$1.65	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$2.80	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.96	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.81	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.64	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.80	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.96	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$2.78	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	190.91M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	192.15M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	191.02M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	192.02M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	192.84M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	191.60M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	191.64M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	192.87M	shares	1 Quarter

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$537.02M	USD	2 Qtrs
Net income	`ProfitLoss`	$345.36M	USD	2 Qtrs
Depreciation	`Depreciation`	$48.78M	USD	2 Qtrs
Depreciation	`Depreciation`	$37.03M	USD	2 Qtrs
Amortization	`AdjustmentForAmortization`	$25.90M	USD	2 Qtrs
Amortization	`AdjustmentForAmortization`	$20.50M	USD	2 Qtrs
Loss (gain) on sale or disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$1.81M	USD	2 Qtrs
Loss (gain) on sale or disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-207.00K	USD	2 Qtrs
Unrealized foreign currency losses	`ForeignCurrencyTransactionGainLossUnrealized`	$-12.21M	USD	2 Qtrs
Unrealized foreign currency losses	`ForeignCurrencyTransactionGainLossUnrealized`	$-16.68M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$272.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$5.56M	USD	2 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$31.48M	USD	2 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$45.30M	USD	2 Qtrs
Realized gain on marketable securities	`GainLossOnSaleOfInvestments`	$374.00K	USD	2 Qtrs
Realized gain on marketable securities	`GainLossOnSaleOfInvestments`	$331.00K	USD	2 Qtrs
Accounts receivable, net of allowance for doubtful accounts	`IncreaseDecreaseInAccountsReceivable`	$-103.93M	USD	2 Qtrs
Accounts receivable, net of allowance for doubtful accounts	`IncreaseDecreaseInAccountsReceivable`	$-178.12M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$57.13M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$177.19M	USD	2 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$27.28M	USD	2 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$10.43M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$44.14M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-51.46M	USD	2 Qtrs
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-58.66M	USD	2 Qtrs
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-39.38M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-7.32M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-19.30M	USD	2 Qtrs
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$-7.82M	USD	2 Qtrs
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$-5.86M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$20.67M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-13.04M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$598.04M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$425.11M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$98.27M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$146.54M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$8.00K	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.92M	USD	2 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.17M	USD	2 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.37M	USD	2 Qtrs
Purchase of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$346.13M	USD	2 Qtrs
Purchase of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$755.36M	USD	2 Qtrs
Redemption of marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$720.94M	USD	2 Qtrs
Redemption of marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$566.69M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$7.89M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$15.89M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$114.94M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-198.02M	USD	2 Qtrs
Dividends	`PaymentsOfDividends`	$233.86M	USD	2 Qtrs
Dividends	`PaymentsOfDividends`	$217.45M	USD	2 Qtrs
Proceeds from issuance of treasury stock related to equity awards	`ProceedsFromSaleOfTreasuryStock`	$15.20M	USD	2 Qtrs
Proceeds from issuance of treasury stock related to equity awards	`ProceedsFromSaleOfTreasuryStock`	$35.73M	USD	2 Qtrs
Purchase of treasury stock related to equity awards	`PaymentsForRepurchaseOfTreasuryStockRelatedToEquityAwards`	$11.88M	USD	2 Qtrs
Purchase of treasury stock related to equity awards	`PaymentsForRepurchaseOfTreasuryStockRelatedToEquityAwards`	$17.60M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-215.73M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-214.13M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.65M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-2.82M	USD	2 Qtrs
Net increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$327.57M	USD	2 Qtrs
Net increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$181.47M	USD	2 Qtrs
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.36B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.03B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.64B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.46B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.36B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.03B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.64B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.46B	USD	Point-in-time

Stockholders Equity 52 line items

Line Item	Tag	Value	Unit	Period
Adjustment related to unrealized gains (losses) on available-for-sale securities income tax effects	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$5.63M	USD	1 Quarter
Adjustment related to unrealized gains (losses) on available-for-sale securities income tax effects	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$2.87M	USD	2 Qtrs
Adjustment related to unrealized gains (losses) on available-for-sale securities income tax effects	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$2.31M	USD	2 Qtrs
Adjustment related to unrealized gains (losses) on available-for-sale securities income tax effects	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$78.00K	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$2.68	USD	2 Qtrs
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$2.68	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$2.44	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$2.44	USD	2 Qtrs
Beginning balance, value	`StockholdersEquity`	$5.72B	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$5.52B	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$4.74B	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$4.79B	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$5.58B	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$4.93B	USD	Point-in-time
Net income	`NetIncomeLoss`	$184.18M	USD	1 Quarter
Net income	`NetIncomeLoss`	$317.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$345.36M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$537.02M	USD	2 Qtrs
Translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-7.61M	USD	2 Qtrs
Translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$24.81M	USD	1 Quarter
Translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$18.64M	USD	2 Qtrs
Translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$27.68M	USD	1 Quarter
Adjustment related to unrealized gains (losses) on available-for-sale securities net of income tax effects	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.30M	USD	1 Quarter
Adjustment related to unrealized gains (losses) on available-for-sale securities net of income tax effects	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$33.11M	USD	1 Quarter
Adjustment related to unrealized gains (losses) on available-for-sale securities net of income tax effects	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-9.19M	USD	2 Qtrs
Adjustment related to unrealized gains (losses) on available-for-sale securities net of income tax effects	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$15.22M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$520.23M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$343.37M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$379.21M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$242.10M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$515.52M	USD	2 Qtrs
Dividends declared	`DividendsCommonStockCash`	$466.65M	USD	2 Qtrs
Dividends declared	`DividendsCommonStockCash`	$466.46M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$515.31M	USD	1 Quarter
Issuance of treasury stock related to equity awards	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$18.08M	USD	1 Quarter
Issuance of treasury stock related to equity awards	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$35.73M	USD	2 Qtrs
Issuance of treasury stock related to equity awards	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$15.20M	USD	2 Qtrs
Issuance of treasury stock related to equity awards	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$15.20M	USD	1 Quarter
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$22.60M	USD	1 Quarter
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.93M	USD	1 Quarter
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$45.30M	USD	2 Qtrs
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$31.48M	USD	2 Qtrs
Purchase of treasury stock related to equity awards	`TreasuryStockValueAcquiredCostMethod`	$17.60M	USD	2 Qtrs
Purchase of treasury stock related to equity awards	`TreasuryStockValueAcquiredCostMethod`	$11.88M	USD	2 Qtrs
Purchase of treasury stock related to equity awards	`TreasuryStockValueAcquiredCostMethod`	$303.00K	USD	1 Quarter
Purchase of treasury stock related to equity awards	`TreasuryStockValueAcquiredCostMethod`	$323.00K	USD	1 Quarter
Ending balance, value	`StockholdersEquity`	$5.72B	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$5.52B	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$4.74B	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$4.79B	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$5.58B	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$4.93B	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$184.18M	USD	1 Quarter
Net income	`NetIncomeLoss`	$317.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$345.36M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$537.02M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-7.61M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$24.81M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$18.64M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$27.68M	USD	1 Quarter
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-9.19M	USD	2 Qtrs
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$15.22M	USD	2 Qtrs
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$33.11M	USD	1 Quarter
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.30M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$520.23M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$343.37M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$379.21M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$242.10M	USD	1 Quarter

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