10-Q Filing

GARMIN LTD CIK: 1121788 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0000950170-22-020097`
Period End Date	20220930
Filing Date	20221026
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	grmn-20220924_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 76 Cash Flow Statement 70 Stockholders Equity 48 Comprehensive Income 16

Balance Sheet 88 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.50B	USD	Point-in-time
Common shares, issued	`CommonStockSharesIssued`	198.08M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.08B	USD	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	192.18M	shares	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	192.61M	shares	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$378.70M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$347.98M	USD	Point-in-time
Treasury stock shares	`TreasuryStockShares`	5.47M	shares	Point-in-time
Treasury stock shares	`TreasuryStockShares`	5.90M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$641.07M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$843.45M	USD	Point-in-time
Inventories	`InventoryNet`	$1.23B	USD	Point-in-time
Inventories	`InventoryNet`	$1.53B	USD	Point-in-time
Deferred costs	`DeferredCostsCurrent`	$14.40M	USD	Point-in-time
Deferred costs	`DeferredCostsCurrent`	$15.96M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$318.34M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$328.72M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.97B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.26B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.07B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.10B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$121.94M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$89.46M	USD	Point-in-time
Noncurrent marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$1.27B	USD	Point-in-time
Noncurrent marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$1.24B	USD	Point-in-time
Deferred income tax assets	`DeferredIncomeTaxAssetsNet`	$260.20M	USD	Point-in-time
Deferred income tax assets	`DeferredIncomeTaxAssetsNet`	$390.11M	USD	Point-in-time
Noncurrent deferred costs	`DeferredCosts`	$12.36M	USD	Point-in-time
Noncurrent deferred costs	`DeferredCosts`	$10.39M	USD	Point-in-time
Goodwill	`Goodwill`	$575.08M	USD	Point-in-time
Goodwill	`Goodwill`	$540.74M	USD	Point-in-time
Other intangible assets, net	`OtherIntangibleAssetsNet`	$179.89M	USD	Point-in-time
Other intangible assets, net	`OtherIntangibleAssetsNet`	$215.99M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$79.81M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$103.38M	USD	Point-in-time
Total assets	`Assets`	$7.63B	USD	Point-in-time
Total assets	`Assets`	$7.85B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$370.05M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$268.67M	USD	Point-in-time
Salaries and benefits payable	`EmployeeRelatedLiabilitiesCurrent`	$211.37M	USD	Point-in-time
Salaries and benefits payable	`EmployeeRelatedLiabilitiesCurrent`	$184.80M	USD	Point-in-time
Accrued warranty costs	`ProductWarrantyAccrualClassifiedCurrent`	$39.92M	USD	Point-in-time
Accrued warranty costs	`ProductWarrantyAccrualClassifiedCurrent`	$45.47M	USD	Point-in-time
Accrued sales program costs	`AccruedMarketingCostsCurrent`	$121.51M	USD	Point-in-time
Accrued sales program costs	`AccruedMarketingCostsCurrent`	$75.18M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$225.99M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$195.12M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$87.65M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$88.56M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$128.08M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$169.66M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrent`	$421.00M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrent`	$258.02M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.45B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.44B	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$117.94M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$117.59M	USD	Point-in-time
Noncurrent income taxes payable	`AccruedIncomeTaxesNoncurrent`	$50.94M	USD	Point-in-time
Noncurrent income taxes payable	`AccruedIncomeTaxesNoncurrent`	$62.54M	USD	Point-in-time
Noncurrent deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$41.62M	USD	Point-in-time
Noncurrent deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$37.07M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$100.18M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$70.04M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$361.00K	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$324.00K	USD	Point-in-time
Shares, CHF 0.10 par value, 198,077 shares authorized and issued; 192,180 shares outstanding at September 24, 2022 and 192,608 shares outstanding at December 25, 2021	`CommonStockValue`	$17.98M	USD	Point-in-time
Shares, CHF 0.10 par value, 198,077 shares authorized and issued; 192,180 shares outstanding at September 24, 2022 and 192,608 shares outstanding at December 25, 2021	`CommonStockValue`	$17.98M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.03B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.96B	USD	Point-in-time
Treasury stock (5,897 and 5,469 shares, respectively)	`TreasuryStockValue`	$303.11M	USD	Point-in-time
Treasury stock (5,897 and 5,469 shares, respectively)	`TreasuryStockValue`	$398.97M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.44B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.32B	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$117.83M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-206.84M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$6.11B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.58B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.85B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.88B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.52B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.87B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.85B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.63B	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.19B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.59B	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.55B	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.14B	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$1.47B	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$469.94M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$496.03M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$1.49B	USD	3 Qtrs
Gross profit	`GrossProfit`	$2.06B	USD	3 Qtrs
Gross profit	`GrossProfit`	$695.95M	USD	1 Quarter
Gross profit	`GrossProfit`	$2.12B	USD	3 Qtrs
Gross profit	`GrossProfit`	$670.50M	USD	1 Quarter
Advertising expense	`AdvertisingExpense`	$36.70M	USD	1 Quarter
Advertising expense	`AdvertisingExpense`	$32.89M	USD	1 Quarter
Advertising expense	`AdvertisingExpense`	$110.38M	USD	3 Qtrs
Advertising expense	`AdvertisingExpense`	$110.70M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$189.55M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$571.54M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$530.35M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$177.65M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$573.80M	USD	3 Qtrs
Research and development expense	`ResearchAndDevelopmentExpense`	$619.22M	USD	3 Qtrs
Research and development expense	`ResearchAndDevelopmentExpense`	$208.69M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$198.93M	USD	1 Quarter
Total operating expense	`OperatingExpenses`	$1.21B	USD	3 Qtrs
Total operating expense	`OperatingExpenses`	$413.28M	USD	1 Quarter
Total operating expense	`OperatingExpenses`	$431.13M	USD	1 Quarter
Total operating expense	`OperatingExpenses`	$1.30B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$239.37M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$282.67M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$760.67M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$903.50M	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$26.52M	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$21.57M	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$6.90M	USD	1 Quarter
Interest income	`InterestIncomeOther`	$10.47M	USD	1 Quarter
Foreign currency losses	`ForeignCurrencyTransactionGainLossBeforeTax`	$-55.81M	USD	3 Qtrs
Foreign currency losses	`ForeignCurrencyTransactionGainLossBeforeTax`	$-29.86M	USD	1 Quarter
Foreign currency losses	`ForeignCurrencyTransactionGainLossBeforeTax`	$-30.62M	USD	3 Qtrs
Foreign currency losses	`ForeignCurrencyTransactionGainLossBeforeTax`	$-15.01M	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$833.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$285.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$3.51M	USD	3 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$3.72M	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-25.57M	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-7.28M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-19.11M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-5.54M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$897.96M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$275.39M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$735.10M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$220.27M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$16.35M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$54.78M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$101.89M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$9.42M	USD	1 Quarter
Net income	`NetIncomeLoss`	$210.85M	USD	1 Quarter
Net income	`NetIncomeLoss`	$259.04M	USD	1 Quarter
Net income	`NetIncomeLoss`	$796.06M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$680.31M	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$1.09	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$4.14	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$1.35	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$3.53	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.34	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.09	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$4.13	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$3.52	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	192.12M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	192.32M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	192.67M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	192.88M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	193.38M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	192.96M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	193.10M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	193.19M	shares	1 Quarter

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$680.31M	USD	3 Qtrs
Net income	`ProfitLoss`	$796.06M	USD	3 Qtrs
Depreciation	`Depreciation`	$75.27M	USD	3 Qtrs
Depreciation	`Depreciation`	$88.00M	USD	3 Qtrs
Amortization	`AdjustmentForAmortization`	$38.48M	USD	3 Qtrs
Amortization	`AdjustmentForAmortization`	$34.35M	USD	3 Qtrs
(Gain) loss on sale or disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$1.65M	USD	3 Qtrs
(Gain) loss on sale or disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-246.00K	USD	3 Qtrs
Unrealized foreign currency losses	`ForeignCurrencyTransactionGainLossUnrealized`	$-24.39M	USD	3 Qtrs
Unrealized foreign currency losses	`ForeignCurrencyTransactionGainLossUnrealized`	$-45.50M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$8.36M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-101.13M	USD	3 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$68.66M	USD	3 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$57.87M	USD	3 Qtrs
Realized loss (gain) on marketable securities	`GainLossOnSaleOfInvestments`	$513.00K	USD	3 Qtrs
Realized loss (gain) on marketable securities	`GainLossOnSaleOfInvestments`	$-982.00K	USD	3 Qtrs
Accounts receivable, net of allowance for doubtful accounts	`IncreaseDecreaseInAccountsReceivable`	$-197.02M	USD	3 Qtrs
Accounts receivable, net of allowance for doubtful accounts	`IncreaseDecreaseInAccountsReceivable`	$-156.67M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$442.31M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$357.39M	USD	3 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$31.40M	USD	3 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-29.30M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$57.60M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-64.20M	USD	3 Qtrs
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-84.29M	USD	3 Qtrs
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-39.94M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-3.30M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-6.91M	USD	3 Qtrs
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$-7.55M	USD	3 Qtrs
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$-3.43M	USD	3 Qtrs
Income Taxes	`IncreaseDecreaseInIncomeTaxes`	$20.07M	USD	3 Qtrs
Income Taxes	`IncreaseDecreaseInIncomeTaxes`	$5.97M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$843.47M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$419.59M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$187.96M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$184.93M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$26.00K	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.69M	USD	3 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.41M	USD	3 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.41M	USD	3 Qtrs
Purchase of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.08B	USD	3 Qtrs
Purchase of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.04B	USD	3 Qtrs
Redemption of marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$975.32M	USD	3 Qtrs
Redemption of marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$923.89M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$13.46M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$15.89M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-319.15M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-311.71M	USD	3 Qtrs
Dividends	`PaymentsOfDividends`	$399.07M	USD	3 Qtrs
Dividends	`PaymentsOfDividends`	$362.60M	USD	3 Qtrs
Proceeds from issuance of treasury stock related to equity awards	`ProceedsFromSaleOfTreasuryStock`	$35.73M	USD	3 Qtrs
Proceeds from issuance of treasury stock related to equity awards	`ProceedsFromSaleOfTreasuryStock`	$41.05M	USD	3 Qtrs
Purchase of treasury stock related to equity awards	`PaymentsForRepurchaseOfTreasuryStockRelatedToEquityAwards`	$14.75M	USD	3 Qtrs
Purchase of treasury stock related to equity awards	`PaymentsForRepurchaseOfTreasuryStockRelatedToEquityAwards`	$17.64M	USD	3 Qtrs
Purchase of treasury stock under share repurchase plan	`PaymentForPurchaseOfTreasuryStockUnderShareRepurchasePlan`	-	USD	3 Qtrs
Purchase of treasury stock under share repurchase plan	`PaymentForPurchaseOfTreasuryStockUnderShareRepurchasePlan`	$105.21M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-477.98M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-344.50M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-6.17M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-38.27M	USD	3 Qtrs
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-415.80M	USD	3 Qtrs
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$181.08M	USD	3 Qtrs
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.46B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.50B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.08B	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 end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.46B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.50B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.08B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.64B	USD	Point-in-time

Stockholders Equity 48 line items

Line Item	Tag	Value	Unit	Period
Adjustment related to unrealized gains (losses) on available-for-sale securities income tax effects	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$609.00K	USD	1 Quarter
Adjustment related to unrealized gains (losses) on available-for-sale securities income tax effects	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$5.74M	USD	1 Quarter
Adjustment related to unrealized gains (losses) on available-for-sale securities income tax effects	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$25.20M	USD	3 Qtrs
Adjustment related to unrealized gains (losses) on available-for-sale securities income tax effects	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$2.92M	USD	3 Qtrs
Beginning balance, value	`StockholdersEquity`	$6.11B	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$5.58B	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$5.85B	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$5.88B	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$5.52B	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$5.87B	USD	Point-in-time
Net income	`NetIncomeLoss`	$210.85M	USD	1 Quarter
Net income	`NetIncomeLoss`	$259.04M	USD	1 Quarter
Net income	`NetIncomeLoss`	$796.06M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$680.31M	USD	3 Qtrs
Translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-117.36M	USD	1 Quarter
Translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-16.31M	USD	3 Qtrs
Translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-8.70M	USD	1 Quarter
Translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-239.17M	USD	3 Qtrs
Adjustment related to unrealized gains (losses) on available-for-sale securities net of income tax effects	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-18.87M	USD	1 Quarter
Adjustment related to unrealized gains (losses) on available-for-sale securities net of income tax effects	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-3.17M	USD	1 Quarter
Adjustment related to unrealized gains (losses) on available-for-sale securities net of income tax effects	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-85.51M	USD	3 Qtrs
Adjustment related to unrealized gains (losses) on available-for-sale securities net of income tax effects	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-12.36M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$767.39M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$74.62M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$247.17M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$355.64M	USD	3 Qtrs
Dividends	`DividendsNet`	$562.05M	USD	3 Qtrs
Dividends	`DividendsNet`	$515.52M	USD	3 Qtrs
Dividends	`DividendsNet`	$-2.63M	USD	1 Quarter
Dividends	`DividendsNet`	$1.00K	USD	1 Quarter
Issuance of treasury stock related to equity awards	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$41.05M	USD	3 Qtrs
Issuance of treasury stock related to equity awards	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$35.73M	USD	3 Qtrs
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$57.87M	USD	3 Qtrs
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$23.36M	USD	1 Quarter
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$68.66M	USD	3 Qtrs
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$18.12M	USD	1 Quarter
Purchase of treasury stock related to equity awards	`TreasuryStockValueAcquiredCostMethod`	$27.00K	USD	1 Quarter
Purchase of treasury stock related to equity awards	`TreasuryStockValueAcquiredCostMethod`	$17.64M	USD	3 Qtrs
Purchase of treasury stock related to equity awards	`TreasuryStockValueAcquiredCostMethod`	$14.75M	USD	3 Qtrs
Purchase of treasury stock related to equity awards	`TreasuryStockValueAcquiredCostMethod`	$32.00K	USD	1 Quarter
Purchase of treasury stock under share repurchase plan	`PurchaseOfTreasuryStockUnderShareRepurchasePlan1`	$83.09M	USD	1 Quarter
Purchase of treasury stock under share repurchase plan	`PurchaseOfTreasuryStockUnderShareRepurchasePlan1`	$113.74M	USD	3 Qtrs
Ending balance, value	`StockholdersEquity`	$6.11B	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$5.58B	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$5.85B	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$5.88B	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$5.52B	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$5.87B	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$210.85M	USD	1 Quarter
Net income	`NetIncomeLoss`	$259.04M	USD	1 Quarter
Net income	`NetIncomeLoss`	$796.06M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$680.31M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-117.36M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-16.31M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-8.70M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-239.17M	USD	3 Qtrs
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-3.17M	USD	1 Quarter
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-18.87M	USD	1 Quarter
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-12.36M	USD	3 Qtrs
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-85.51M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$767.39M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$74.62M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$247.17M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$355.64M	USD	3 Qtrs

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