10-K Filing

GARMIN LTD CIK: 1121788 FY 2022

Filing Information

Form Type	10-K
Accession Number	`0000950170-23-003566`
Period End Date	20221231
Filing Date	20230222
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	grmn-20221231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 59 Cash Flow Statement 123 Stockholders Equity 36 Comprehensive Income 12

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.10M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$7.08M	USD	Point-in-time
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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.28B	USD	Point-in-time
Common shares, authorized	`CommonStockSharesAuthorized`	198.08M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.50B	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$347.98M	USD	Point-in-time
Common shares, issued	`CommonStockSharesIssued`	198.08M	shares	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$173.29M	USD	Point-in-time
Common shares, issued	`CommonStockSharesIssued`	198.08M	shares	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	192.61M	shares	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $5,098 in 2022 and $7,080 in 2021	`AccountsReceivableNetCurrent`	$843.45M	USD	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	191.62M	shares	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $5,098 in 2022 and $7,080 in 2021	`AccountsReceivableNetCurrent`	$656.85M	USD	Point-in-time
Treasury Stock	`TreasuryStockShares`	5.47M	shares	Point-in-time
Treasury Stock	`TreasuryStockShares`	6.45M	shares	Point-in-time
Inventories	`InventoryNet`	$1.23B	USD	Point-in-time
Inventories	`InventoryNet`	$1.52B	USD	Point-in-time
Deferred costs	`DeferredCostsCurrent`	$15.96M	USD	Point-in-time
Deferred costs	`DeferredCostsCurrent`	$14.86M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$328.72M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$315.92M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.96B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.26B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.15B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$855.54M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.07B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$138.04M	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`	$1.21B	USD	Point-in-time
Deferred income tax assets	`DeferredIncomeTaxAssetsNet`	$260.20M	USD	Point-in-time
Deferred income tax assets	`DeferredIncomeTaxAssetsNet`	$441.07M	USD	Point-in-time
Noncurrent deferred costs	`DeferredCosts`	$12.36M	USD	Point-in-time
Noncurrent deferred costs	`DeferredCosts`	$9.83M	USD	Point-in-time
Goodwill	`Goodwill`	$575.08M	USD	Point-in-time
Goodwill	`Goodwill`	$584.21M	USD	Point-in-time
Goodwill	`Goodwill`	$567.99M	USD	Point-in-time
Other intangible assets, net	`OtherIntangibleAssetsNet`	$215.99M	USD	Point-in-time
Other intangible assets, net	`OtherIntangibleAssetsNet`	$178.46M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$103.38M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$85.26M	USD	Point-in-time
Total assets	`Assets`	$7.85B	USD	Point-in-time
Total assets	`Assets`	$7.73B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$212.42M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$370.05M	USD	Point-in-time
Salaries and benefits payable	`EmployeeRelatedLiabilitiesCurrent`	$211.37M	USD	Point-in-time
Salaries and benefits payable	`EmployeeRelatedLiabilitiesCurrent`	$176.11M	USD	Point-in-time
Accrued warranty costs	`ProductWarrantyAccrualClassifiedCurrent`	$50.95M	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`	$97.77M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$225.99M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$197.38M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$87.65M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$91.09M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$246.18M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$128.08M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrent`	$139.73M	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`	$1.21B	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$129.97M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$117.59M	USD	Point-in-time
Noncurrent income taxes payable	`AccruedIncomeTaxesNoncurrent`	$62.54M	USD	Point-in-time
Noncurrent income taxes payable	`AccruedIncomeTaxesNoncurrent`	$34.63M	USD	Point-in-time
Noncurrent deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$35.70M	USD	Point-in-time
Noncurrent deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$41.62M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$70.04M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$114.54M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$324.00K	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$360.00K	USD	Point-in-time
Shares, CHF 0.10 par value, 198,077 shares authorized and issued, 191,623 shares outstanding at December 31, 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, 191,623 shares outstanding at December 31, 2022; and 192,608 shares outstanding at December 25, 2021:	`CommonStockValue`	$17.98M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.96B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.04B	USD	Point-in-time
Treasury stock (6,454 and 5,469 shares, respectively)	`TreasuryStockValue`	$303.11M	USD	Point-in-time
Treasury stock (6,454 and 5,469 shares, respectively)	`TreasuryStockValue`	$475.10M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.73B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.32B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-114.53M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$117.83M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.79B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$6.11B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.52B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$6.20B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.85B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.73B	USD	Point-in-time

Income Statement 59 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.98B	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.19B	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.86B	USD	Annual
Cost of goods sold	`CostOfGoodsAndServicesSold`	$2.09B	USD	Annual
Cost of goods sold	`CostOfGoodsAndServicesSold`	$1.71B	USD	Annual
Cost of goods sold	`CostOfGoodsAndServicesSold`	$2.05B	USD	Annual
Gross profit	`GrossProfit`	$2.89B	USD	Annual
Gross profit	`GrossProfit`	$2.81B	USD	Annual
Gross profit	`GrossProfit`	$2.48B	USD	Annual
Advertising expense	`AdvertisingExpense`	$171.83M	USD	Annual
Advertising expense	`AdvertisingExpense`	$168.04M	USD	Annual
Advertising expense	`AdvertisingExpense`	$151.17M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$623.59M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$721.26M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$775.96M	USD	Annual
Research and development expense	`ResearchAndDevelopmentExpense`	$834.93M	USD	Annual
Research and development expense	`ResearchAndDevelopmentExpense`	$652.34M	USD	Annual
Research and development expense	`ResearchAndDevelopmentExpense`	$778.75M	USD	Annual
Total operating expense	`OperatingExpenses`	$1.43B	USD	Annual
Total operating expense	`OperatingExpenses`	$1.67B	USD	Annual
Total operating expense	`OperatingExpenses`	$1.78B	USD	Annual
Operating income	`OperatingIncomeLoss`	$1.03B	USD	Annual
Operating income	`OperatingIncomeLoss`	$1.22B	USD	Annual
Operating income	`OperatingIncomeLoss`	$1.05B	USD	Annual
Interest income	`InterestIncomeOther`	$40.83M	USD	Annual
Interest income	`InterestIncomeOther`	$37.00M	USD	Annual
Interest income	`InterestIncomeOther`	$28.57M	USD	Annual
Foreign currency gains (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$2.83M	USD	Annual
Foreign currency gains (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-11.27M	USD	Annual
Foreign currency gains (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-45.26M	USD	Annual
Other income	`OtherNonoperatingIncomeExpense`	$7.58M	USD	Annual
Other income	`OtherNonoperatingIncomeExpense`	$9.34M	USD	Annual
Other income	`OtherNonoperatingIncomeExpense`	$4.87M	USD	Annual
Total other income (expense)	`NonoperatingIncomeExpense`	$37.13M	USD	Annual
Total other income (expense)	`NonoperatingIncomeExpense`	$-11.82M	USD	Annual
Total other income (expense)	`NonoperatingIncomeExpense`	$49.17M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.21B	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.10B	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.06B	USD	Annual
Current	`CurrentIncomeTaxExpenseBenefit`	$104.47M	USD	Annual
Current	`CurrentIncomeTaxExpenseBenefit`	$233.84M	USD	Annual
Current	`CurrentIncomeTaxExpenseBenefit`	$130.04M	USD	Annual
Deferred	`DeferredIncomeTaxExpenseBenefit`	$6.62M	USD	Annual
Deferred	`DeferredIncomeTaxExpenseBenefit`	$-5.44M	USD	Annual
Deferred	`DeferredIncomeTaxExpenseBenefit`	$-142.46M	USD	Annual
Income tax expenses	`IncomeTaxExpenseBenefit`	$124.60M	USD	Annual
Income tax expenses	`IncomeTaxExpenseBenefit`	$91.39M	USD	Annual
Income tax expenses	`IncomeTaxExpenseBenefit`	$14.31M	USD	1 Quarter
Income tax expenses	`IncomeTaxExpenseBenefit`	$111.09M	USD	Annual
Income tax expenses	`IncomeTaxExpenseBenefit`	$7.17M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.08B	USD	Annual
Net income	`NetIncomeLoss`	$973.59M	USD	Annual
Net income	`NetIncomeLoss`	$992.32M	USD	Annual
Basic net income per share	`EarningsPerShareBasic`	$5.63	USD	Annual
Basic net income per share	`EarningsPerShareBasic`	$5.06	USD	Annual
Basic net income per share	`EarningsPerShareBasic`	$5.19	USD	Annual
Diluted net income per share	`EarningsPerShareDiluted`	$5.17	USD	Annual
Diluted net income per share	`EarningsPerShareDiluted`	$5.61	USD	Annual
Diluted net income per share	`EarningsPerShareDiluted`	$5.04	USD	Annual

Cash Flow Statement 123 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$992.32M	USD	Annual
Net income	`ProfitLoss`	$1.08B	USD	Annual
Net income	`ProfitLoss`	$973.59M	USD	Annual
Depreciation	`Depreciation`	$103.50M	USD	Annual
Depreciation	`Depreciation`	$78.12M	USD	Annual
Depreciation	`Depreciation`	$118.74M	USD	Annual
Amortization	`AdjustmentForAmortization`	$48.59M	USD	Annual
Amortization	`AdjustmentForAmortization`	$45.11M	USD	Annual
Amortization	`AdjustmentForAmortization`	$51.32M	USD	Annual
(Gain) loss on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-298.00K	USD	Annual
(Gain) loss on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$1.80M	USD	Annual
(Gain) loss on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$2.08M	USD	Annual
Unrealized foreign currency (gains) losses	`ForeignCurrencyTransactionGainLossUnrealized`	$9.87M	USD	Annual
Unrealized foreign currency (gains) losses	`ForeignCurrencyTransactionGainLossUnrealized`	$-36.38M	USD	Annual
Unrealized foreign currency (gains) losses	`ForeignCurrencyTransactionGainLossUnrealized`	$5.87M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$6.93M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-143.29M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-5.37M	USD	Annual
Stock compensation expense	`ShareBasedCompensation`	$80.89M	USD	Annual
Stock compensation expense	`ShareBasedCompensation`	$76.80M	USD	Annual
Stock compensation expense	`ShareBasedCompensation`	$92.52M	USD	Annual
Realized gains on marketable securities	`GainLossOnSaleOfInvestments`	$622.00K	USD	Annual
Realized gains on marketable securities	`GainLossOnSaleOfInvestments`	$1.39M	USD	Annual
Realized gains on marketable securities	`GainLossOnSaleOfInvestments`	$-986.00K	USD	Annual
Accounts receivable, net of allowance for doubtful accounts	`IncreaseDecreaseInAccountsReceivable`	$19.11M	USD	Annual
Accounts receivable, net of allowance for doubtful accounts	`IncreaseDecreaseInAccountsReceivable`	$-167.34M	USD	Annual
Accounts receivable, net of allowance for doubtful accounts	`IncreaseDecreaseInAccountsReceivable`	$108.86M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$363.33M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$476.45M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-28.73M	USD	Annual
Other current and noncurrent assets	`IncreaseDecreaseInOtherOperatingAssets`	$38.00M	USD	Annual
Other current and noncurrent assets	`IncreaseDecreaseInOtherOperatingAssets`	$-72.19M	USD	Annual
Other current and noncurrent assets	`IncreaseDecreaseInOtherOperatingAssets`	$33.69M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-131.27M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.45M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$108.95M	USD	Annual
Other current and noncurrent liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$87.76M	USD	Annual
Other current and noncurrent liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-71.76M	USD	Annual
Other current and noncurrent liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$70.01M	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-7.38M	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-25.21M	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-2.38M	USD	Annual
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$-3.59M	USD	Annual
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$-8.29M	USD	Annual
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$-11.97M	USD	Annual
Income Taxes	`IncreaseDecreaseInIncomeTaxes`	$5.89M	USD	Annual
Income Taxes	`IncreaseDecreaseInIncomeTaxes`	$-20.67M	USD	Annual
Income Taxes	`IncreaseDecreaseInIncomeTaxes`	$49.89M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.01B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$788.26M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.14B	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$244.29M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$185.40M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$307.64M	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.40M	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$35.00K	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.98M	USD	Annual
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$2.06M	USD	Annual
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.94M	USD	Annual
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.91M	USD	Annual
Purchase of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.51B	USD	Annual
Purchase of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.05B	USD	Annual
Purchase of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.05B	USD	Annual
Redemption of marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$1.36B	USD	Annual
Redemption of marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$1.13B	USD	Annual
Redemption of marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$1.16B	USD	Annual
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$20.18M	USD	Annual
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$13.46M	USD	Annual
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$148.65M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-145.12M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-260.52M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-475.37M	USD	Annual
Dividends	`PaymentsOfDividends`	$450.63M	USD	Annual
Dividends	`PaymentsOfDividends`	$679.10M	USD	Annual
Dividends	`PaymentsOfDividends`	$491.46M	USD	Annual
Proceeds from issuance of treasury stock related to equity awards	`ProceedsFromSaleOfTreasuryStock`	$35.73M	USD	Annual
Proceeds from issuance of treasury stock related to equity awards	`ProceedsFromSaleOfTreasuryStock`	$15.20M	USD	Annual
Proceeds from issuance of treasury stock related to equity awards	`ProceedsFromSaleOfTreasuryStock`	$62.22M	USD	Annual
Purchase of treasury stock related to equity awards	`PaymentsForRepurchaseOfTreasuryStockRelatedToEquityAwards`	$30.98M	USD	Annual
Purchase of treasury stock related to equity awards	`PaymentsForRepurchaseOfTreasuryStockRelatedToEquityAwards`	$26.33M	USD	Annual
Purchase of treasury stock related to equity awards	`PaymentsForRepurchaseOfTreasuryStockRelatedToEquityAwards`	$22.73M	USD	Annual
Purchase of treasury stock under share repurchase plan	`PaymentForPurchaseOfTreasuryStockUnderShareRepurchasePlan`	$201.01M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-461.76M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-486.71M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-840.62M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$18.13M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-10.25M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-21.45M	USD	Annual
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-218.93M	USD	Annual
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$40.09M	USD	Annual
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$431.11M	USD	Annual
Cash, cash equivalents, and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.46B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.28B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.03B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.50B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.46B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.28B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.03B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.50B	USD	Point-in-time
Cash paid during the year for income taxes	`IncomeTaxesPaidNet`	$184.81M	USD	Annual
Cash paid during the year for income taxes	`IncomeTaxesPaidNet`	$131.04M	USD	Annual
Cash paid during the year for income taxes	`IncomeTaxesPaidNet`	$133.06M	USD	Annual
Cash received during the year from income tax refunds	`ProceedsFromIncomeTaxRefunds`	$8.26M	USD	Annual
Cash received during the year from income tax refunds	`ProceedsFromIncomeTaxRefunds`	$7.79M	USD	Annual
Cash received during the year from income tax refunds	`ProceedsFromIncomeTaxRefunds`	$4.82M	USD	Annual
(Decrease) increase in accrued capital expenditures related to purchases of property and equipment	`IncreaseDecreaseInAccruedCapitalExpendituresRelatedToPurchasesOfPropertyAndEquipment`	$9.54M	USD	Annual
(Decrease) increase in accrued capital expenditures related to purchases of property and equipment	`IncreaseDecreaseInAccruedCapitalExpendituresRelatedToPurchasesOfPropertyAndEquipment`	$-4.32M	USD	Annual
(Decrease) increase in accrued capital expenditures related to purchases of property and equipment	`IncreaseDecreaseInAccruedCapitalExpendituresRelatedToPurchasesOfPropertyAndEquipment`	$-4.19M	USD	Annual
Change in marketable securities related to unrealized (depreciation) appreciation	`ChangeInMarketableSecuritiesRelatedToUnrealizedAppreciationDepreciation`	$23.05M	USD	Annual
Change in marketable securities related to unrealized (depreciation) appreciation	`ChangeInMarketableSecuritiesRelatedToUnrealizedAppreciationDepreciation`	$-107.36M	USD	Annual
Change in marketable securities related to unrealized (depreciation) appreciation	`ChangeInMarketableSecuritiesRelatedToUnrealizedAppreciationDepreciation`	$-32.62M	USD	Annual
Fair value of assets acquired	`FairValueOfAssetsAcquired`	$20.96M	USD	Annual
Fair value of assets acquired	`FairValueOfAssetsAcquired`	$15.34M	USD	Annual
Fair value of assets acquired	`FairValueOfAssetsAcquired`	$165.08M	USD	Annual
Liabilities assumed	`NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1`	$764.00K	USD	Annual
Liabilities assumed	`NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1`	$1.62M	USD	Annual
Liabilities assumed	`NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1`	$14.88M	USD	Annual
Less: cash acquired	`CashAcquiredFromAcquisition`	$17.00K	USD	Annual
Less: cash acquired	`CashAcquiredFromAcquisition`	$261.00K	USD	Annual
Less: cash acquired	`CashAcquiredFromAcquisition`	$1.55M	USD	Annual
Cash paid for acquisitions, net of cash acquired	`CashPaidForAcquisitionsNetOfCashAcquired`	$148.65M	USD	Annual
Cash paid for acquisitions, net of cash acquired	`CashPaidForAcquisitionsNetOfCashAcquired`	$13.46M	USD	Annual
Cash paid for acquisitions, net of cash acquired	`CashPaidForAcquisitionsNetOfCashAcquired`	$20.18M	USD	Annual

Stockholders Equity 36 line items

Line Item	Tag	Value	Unit	Period
Adjustment related to unrealized gains (losses) on available-for-sale securities income tax effects	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$6.57M	USD	Annual
Adjustment related to unrealized gains (losses) on available-for-sale securities income tax effects	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$24.39M	USD	Annual
Adjustment related to unrealized gains (losses) on available-for-sale securities income tax effects	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$3.16M	USD	Annual
Beginning balance, value	`StockholdersEquity`	$4.79B	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$6.11B	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$5.52B	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$6.20B	USD	Point-in-time
Net income	`NetIncomeLoss`	$1.08B	USD	Annual
Net income	`NetIncomeLoss`	$973.59M	USD	Annual
Net income	`NetIncomeLoss`	$992.32M	USD	Annual
Translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$107.66M	USD	Annual
Translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-149.40M	USD	Annual
Translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-39.54M	USD	Annual
Adjustment related to unrealized gains (losses) on available-for-sale securities net of income tax effects	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-82.97M	USD	Annual
Adjustment related to unrealized gains (losses) on available-for-sale securities net of income tax effects	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$19.89M	USD	Annual
Adjustment related to unrealized gains (losses) on available-for-sale securities net of income tax effects	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-26.05M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.02B	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$741.22M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.12B	USD	Annual
Dividends	`DividendsNet`	$467.01M	USD	Annual
Dividends	`DividendsNet`	$515.84M	USD	Annual
Dividends	`DividendsNet`	$560.80M	USD	Annual
Issuance of treasury stock related to equity awards	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$35.73M	USD	Annual
Issuance of treasury stock related to equity awards	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$15.20M	USD	Annual
Issuance of treasury stock related to equity awards	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$62.22M	USD	Annual
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$92.52M	USD	Annual
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$76.80M	USD	Annual
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$80.89M	USD	Annual
Purchase of treasury stock related to equity awards	`TreasuryStockValueAcquiredCostMethod`	$30.98M	USD	Annual
Purchase of treasury stock related to equity awards	`TreasuryStockValueAcquiredCostMethod`	$22.73M	USD	Annual
Purchase of treasury stock related to equity awards	`TreasuryStockValueAcquiredCostMethod`	$26.33M	USD	Annual
Purchase of treasury stock under share repurchase plan	`PurchaseOfTreasuryStockUnderShareRepurchasePlan1`	$-206.52M	USD	Annual
Ending balance, value	`StockholdersEquity`	$4.79B	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$6.11B	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$5.52B	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$6.20B	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$1.08B	USD	Annual
Net income	`NetIncomeLoss`	$973.59M	USD	Annual
Net income	`NetIncomeLoss`	$992.32M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$107.66M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-149.40M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-39.54M	USD	Annual
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-82.97M	USD	Annual
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-26.05M	USD	Annual
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$19.89M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.02B	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$741.22M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.12B	USD	Annual

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