10-Q Filing

PACKAGING CORP OF AMERICA CIK: 75677 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0000950170-21-000886`
Period End Date	20210630
Filing Date	20210805
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	pkg-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 88 Cash Flow Statement 69 Stockholders Equity 29

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Allowance for credit losses and customer deductions	`AllowanceForDoubtfulAccountsReceivableAndReserveForCustomerDeductionsCurrent`	$13.70M	USD	Point-in-time
Allowance for credit losses and customer deductions	`AllowanceForDoubtfulAccountsReceivableAndReserveForCustomerDeductionsCurrent`	$10.60M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$972.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$974.60M	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
Short-term marketable debt securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$101.70M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	94.80M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	95.00M	shares	Point-in-time
Short-term marketable debt securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$105.60M	USD	Point-in-time
Accounts receivable, net of allowance for credit losses and customer deductions of $13.7 million as of June 30, 2021 and $10.6 million December 31, 2020, respectively	`AccountsReceivableNetCurrent`	$832.40M	USD	Point-in-time
Accounts receivable, net of allowance for credit losses and customer deductions of $13.7 million as of June 30, 2021 and $10.6 million December 31, 2020, respectively	`AccountsReceivableNetCurrent`	$981.40M	USD	Point-in-time
Inventories	`InventoryNet`	$787.90M	USD	Point-in-time
Inventories	`InventoryNet`	$827.20M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$78.60M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$44.70M	USD	Point-in-time
Federal and state income taxes receivable	`IncomeTaxesReceivable`	$5.10M	USD	Point-in-time
Federal and state income taxes receivable	`IncomeTaxesReceivable`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.96B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.75B	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$3.24B	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$3.19B	USD	Point-in-time
Goodwill	`Goodwill`	$863.50M	USD	Point-in-time
Goodwill	`Goodwill`	$863.50M	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$277.00M	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$295.90M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$233.00M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$234.20M	USD	Point-in-time
Long-term marketable debt securities	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$49.90M	USD	Point-in-time
Long-term marketable debt securities	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$42.70M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$48.60M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$53.20M	USD	Point-in-time
Total assets	`Assets`	$7.43B	USD	Point-in-time
Total assets	`Assets`	$7.67B	USD	Point-in-time
Operating lease obligations	`OperatingLeaseLiabilityCurrent`	$68.90M	USD	Point-in-time
Operating lease obligations	`OperatingLeaseLiabilityCurrent`	$68.80M	USD	Point-in-time
Finance lease obligations	`FinanceLeaseLiabilityCurrent`	$1.60M	USD	Point-in-time
Finance lease obligations	`FinanceLeaseLiabilityCurrent`	$1.70M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$405.30M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$387.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$97.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$97.40M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$231.40M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$216.20M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$11.60M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$11.90M	USD	Point-in-time
Federal and state income taxes payable	`AccruedIncomeTaxesCurrent`	$600.00K	USD	Point-in-time
Federal and state income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$782.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$816.80M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.48B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.48B	USD	Point-in-time
Operating lease obligations	`OperatingLeaseLiabilityNoncurrent`	$173.60M	USD	Point-in-time
Operating lease obligations	`OperatingLeaseLiabilityNoncurrent`	$172.30M	USD	Point-in-time
Finance lease obligations	`FinanceLeaseLiabilityNoncurrent`	$13.50M	USD	Point-in-time
Finance lease obligations	`FinanceLeaseLiabilityNoncurrent`	$14.40M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$379.40M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$395.70M	USD	Point-in-time
Compensation and benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$294.30M	USD	Point-in-time
Compensation and benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$298.30M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$56.90M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$59.20M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$3.41B	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$3.40B	USD	Point-in-time
Common stock, par value $0.01 per share, 300.0 million shares authorized, 95.0 million and 94.8 million shares issued as of June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$1.00M	USD	Point-in-time
Common stock, par value $0.01 per share, 300.0 million shares authorized, 95.0 million and 94.8 million shares issued as of June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$900.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$574.50M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$554.40M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.84B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.01B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-139.70M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-144.50M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.44B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.25B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$7.43B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$7.67B	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Changes in unrealized losses on marketable debt securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$100.00K	USD	2 Qtrs
Changes in unrealized losses on marketable debt securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	-	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.54B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.25B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.69B	USD	2 Qtrs
Changes in unrealized losses on marketable debt securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$200.00K	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.88B	USD	1 Quarter
Changes in unrealized losses on marketable debt securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$300.00K	USD	1 Quarter
Amortization of pension and postretirement plans actuarial loss and prior service cost, tax	`OtherComprehensiveIncomeAmortizationOfDefinedBenefitPlanNetPriorServiceCostAndNetLossRecognizedInNetPeriodicPensionCostTax`	$900.00K	USD	1 Quarter
Amortization of pension and postretirement plans actuarial loss and prior service cost, tax	`OtherComprehensiveIncomeAmortizationOfDefinedBenefitPlanNetPriorServiceCostAndNetLossRecognizedInNetPeriodicPensionCostTax`	$1.80M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$2.56B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$1.43B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$2.83B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$1.22B	USD	1 Quarter
Amortization of pension and postretirement plans actuarial loss and prior service cost, tax	`OtherComprehensiveIncomeAmortizationOfDefinedBenefitPlanNetPriorServiceCostAndNetLossRecognizedInNetPeriodicPensionCostTax`	$1.70M	USD	2 Qtrs
Amortization of pension and postretirement plans actuarial loss and prior service cost, tax	`OtherComprehensiveIncomeAmortizationOfDefinedBenefitPlanNetPriorServiceCostAndNetLossRecognizedInNetPeriodicPensionCostTax`	$800.00K	USD	1 Quarter
Gross profit	`GrossProfit`	$325.80M	USD	1 Quarter
Gross profit	`GrossProfit`	$852.50M	USD	2 Qtrs
Gross profit	`GrossProfit`	$690.70M	USD	2 Qtrs
Gross profit	`GrossProfit`	$448.80M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$282.20M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$291.30M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$136.30M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$146.30M	USD	1 Quarter
Goodwill impairment	`GoodwillImpairmentLoss`	$55.20M	USD	1 Quarter
Goodwill impairment	`GoodwillImpairmentLoss`	$55.20M	USD	2 Qtrs
Goodwill impairment	`GoodwillImpairmentLoss`	-	USD	1 Quarter
Goodwill impairment	`GoodwillImpairmentLoss`	-	USD	2 Qtrs
Other expense, net	`OperatingCostsAndExpenses`	$7.90M	USD	1 Quarter
Other expense, net	`OperatingCostsAndExpenses`	$28.10M	USD	2 Qtrs
Other expense, net	`OperatingCostsAndExpenses`	$18.20M	USD	1 Quarter
Other expense, net	`OperatingCostsAndExpenses`	$28.30M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$325.20M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$294.60M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$116.10M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$532.90M	USD	2 Qtrs
Non-operating pension income	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$-9.80M	USD	2 Qtrs
Non-operating pension income	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$-5.00M	USD	1 Quarter
Non-operating pension income	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$-1.10M	USD	2 Qtrs
Non-operating pension income	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$-600.00K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-48.40M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-25.10M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-24.90M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-44.60M	USD	2 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$91.60M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$494.30M	USD	2 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$281.70M	USD	2 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$274.70M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$120.50M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$34.90M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$67.40M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$83.40M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$207.30M	USD	1 Quarter
Net income	`NetIncomeLoss`	$56.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$373.80M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$198.30M	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$3.94	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.60	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$2.09	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$2.18	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.59	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$2.17	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$3.92	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$2.08	USD	2 Qtrs
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$1.00	USD	1 Quarter
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$1.58	USD	2 Qtrs
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.79	USD	1 Quarter
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$2.00	USD	2 Qtrs
Net income	`NetIncomeLoss`	$207.30M	USD	1 Quarter
Net income	`NetIncomeLoss`	$56.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$373.80M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$198.30M	USD	2 Qtrs
Changes in unrealized gains (losses) on marketable debt securities, net of tax of $0.0 million, $0.3 million, $0.1 million, and $0.2 million	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-200.00K	USD	2 Qtrs
Changes in unrealized gains (losses) on marketable debt securities, net of tax of $0.0 million, $0.3 million, $0.1 million, and $0.2 million	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-100.00K	USD	1 Quarter
Changes in unrealized gains (losses) on marketable debt securities, net of tax of $0.0 million, $0.3 million, $0.1 million, and $0.2 million	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$700.00K	USD	2 Qtrs
Changes in unrealized gains (losses) on marketable debt securities, net of tax of $0.0 million, $0.3 million, $0.1 million, and $0.2 million	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$900.00K	USD	1 Quarter
Amortization of pension and postretirement plans actuarial loss and prior service cost, net of tax of $0.8 million and $0.9 million, $1.7 million, and $1.8 million	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$2.50M	USD	1 Quarter
Amortization of pension and postretirement plans actuarial loss and prior service cost, net of tax of $0.8 million and $0.9 million, $1.7 million, and $1.8 million	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$2.70M	USD	1 Quarter
Amortization of pension and postretirement plans actuarial loss and prior service cost, net of tax of $0.8 million and $0.9 million, $1.7 million, and $1.8 million	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$5.00M	USD	2 Qtrs
Amortization of pension and postretirement plans actuarial loss and prior service cost, net of tax of $0.8 million and $0.9 million, $1.7 million, and $1.8 million	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$5.40M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.40M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$6.10M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$3.60M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$4.80M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$378.60M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$60.30M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$209.70M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$204.40M	USD	2 Qtrs

Cash Flow Statement 69 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$198.30M	USD	2 Qtrs
Net income	`ProfitLoss`	$373.80M	USD	2 Qtrs
Depreciation, depletion, and amortization of intangibles	`DepreciationDepletionAmortizationAndOtherCashFlowImpact`	$205.50M	USD	2 Qtrs
Depreciation, depletion, and amortization of intangibles	`DepreciationDepletionAmortizationAndOtherCashFlowImpact`	$208.50M	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfDeferredCharges`	$1.30M	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfDeferredCharges`	$1.30M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$20.10M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$17.80M	USD	2 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$14.30M	USD	2 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$19.20M	USD	2 Qtrs
Loss on asset disposals	`GainLossOnDispositionOfAssets1`	$-5.40M	USD	2 Qtrs
Loss on asset disposals	`GainLossOnDispositionOfAssets1`	$-2.30M	USD	2 Qtrs
Goodwill impairment	`GoodwillImpairmentLoss`	$55.20M	USD	1 Quarter
Goodwill impairment	`GoodwillImpairmentLoss`	$55.20M	USD	2 Qtrs
Goodwill impairment	`GoodwillImpairmentLoss`	-	USD	1 Quarter
Goodwill impairment	`GoodwillImpairmentLoss`	-	USD	2 Qtrs
Pension and post-retirement benefits expense, net of contributions	`PensionAndPostretirementBenefitsContributionsExpenseNet`	$1.10M	USD	2 Qtrs
Pension and post-retirement benefits expense, net of contributions	`PensionAndPostretirementBenefitsContributionsExpenseNet`	$300.00K	USD	2 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$14.10M	USD	2 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$4.20M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$149.00M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-28.30M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$39.40M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$40.40M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$34.70M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$14.90M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-37.80M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.70M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$15.40M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-7.70M	USD	2 Qtrs
Federal and state income taxes payable / receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-5.90M	USD	2 Qtrs
Federal and state income taxes payable / receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-20.40M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$463.50M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$419.80M	USD	2 Qtrs
Additions to property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$216.50M	USD	2 Qtrs
Additions to property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$151.20M	USD	2 Qtrs
Additions to other long term assets	`PaymentsToAcquireOtherProductiveAssets`	$5.10M	USD	2 Qtrs
Additions to other long term assets	`PaymentsToAcquireOtherProductiveAssets`	$1.60M	USD	2 Qtrs
Proceeds from asset disposals	`ProceedsFromSaleOfProductiveAssets`	$2.40M	USD	2 Qtrs
Proceeds from asset disposals	`ProceedsFromSaleOfProductiveAssets`	$4.30M	USD	2 Qtrs
Purchases of marketable debt securities	`PaymentsToAcquireMarketableSecurities`	$20.50M	USD	2 Qtrs
Purchases of marketable debt securities	`PaymentsToAcquireMarketableSecurities`	$65.70M	USD	2 Qtrs
Proceeds from sales of marketable debt securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$12.30M	USD	2 Qtrs
Proceeds from sales of marketable debt securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$12.90M	USD	2 Qtrs
Proceeds from maturities of marketable debt securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$48.30M	USD	2 Qtrs
Proceeds from maturities of marketable debt securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$31.40M	USD	2 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-128.80M	USD	2 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-220.20M	USD	2 Qtrs
Repayments of debt and finance lease obligations	`RepaymentsOfDebtAndCapitalLeaseObligations`	$800.00K	USD	2 Qtrs
Repayments of debt and finance lease obligations	`RepaymentsOfDebtAndCapitalLeaseObligations`	$800.00K	USD	2 Qtrs
Financing Costs Paid	`PaymentsOfFinancingCosts`	$900.00K	USD	2 Qtrs
Financing Costs Paid	`PaymentsOfFinancingCosts`	-	USD	2 Qtrs
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$95.00M	USD	Point-in-time
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$189.80M	USD	2 Qtrs
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$149.70M	USD	2 Qtrs
Shares withheld to cover employee restricted stock taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$10.40M	USD	2 Qtrs
Shares withheld to cover employee restricted stock taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$10.50M	USD	2 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-160.90M	USD	2 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-202.00M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$173.80M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.40M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$974.60M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$853.30M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$679.50M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$972.20M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$974.60M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$853.30M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$679.50M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$972.20M	USD	Point-in-time

Stockholders Equity 29 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.25B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.33B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.13B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.44B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.15B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.07B	USD	Point-in-time
Common stock withheld and retired to cover taxes on vested stock awards	`CommonStockWithheldToCoverTaxesOnVestedAndRetiredStockAwardsValue`	$10.40M	USD	1 Quarter
Common stock withheld and retired to cover taxes on vested stock awards	`CommonStockWithheldToCoverTaxesOnVestedAndRetiredStockAwardsValue`	$10.40M	USD	1 Quarter
Common stock withheld and retired to cover taxes on vested stock awards	`CommonStockWithheldToCoverTaxesOnVestedAndRetiredStockAwardsValue`	$10.50M	USD	2 Qtrs
Common stock withheld and retired to cover taxes on vested stock awards	`CommonStockWithheldToCoverTaxesOnVestedAndRetiredStockAwardsValue`	$10.40M	USD	2 Qtrs
Common stock dividends declared	`DividendsCommonStockCash`	$150.50M	USD	2 Qtrs
Common stock dividends declared	`DividendsCommonStockCash`	$190.90M	USD	2 Qtrs
Common stock dividends declared	`DividendsCommonStockCash`	$95.40M	USD	1 Quarter
Common stock dividends declared	`DividendsCommonStockCash`	$75.30M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$20.80M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$18.70M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.20M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.60M	USD	1 Quarter
Other	`AdjustmentsToAdditionalPaidInCapitalOther`	$-100.00K	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$378.60M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$60.30M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$209.70M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$204.40M	USD	2 Qtrs
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.25B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.33B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.13B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.44B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.15B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.07B	USD	Point-in-time

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