10-Q Filing

MKS INC CIK: 1049502 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0000950170-23-018281`
Period End Date	20230331
Filing Date	20230505
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	mksi-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 50 Cash Flow Statement 64 Stockholders Equity 20

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$10.00M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$11.00M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$909.00M	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$880.00M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$1.00M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$1.00M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $10 and $11 at March 31, 2023 and December 31, 2022, respectively	`AccountsReceivableNetCurrent`	$572.00M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $10 and $11 at March 31, 2023 and December 31, 2022, respectively	`AccountsReceivableNetCurrent`	$720.00M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value	`CommonStockNoParValue`	-	USD	Point-in-time
Inventories	`InventoryNet`	$977.00M	USD	Point-in-time
Inventories	`InventoryNet`	$1.06B	USD	Point-in-time
Common stock, par value	`CommonStockNoParValue`	-	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$237.00M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$187.00M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	66.70M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.79B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.75B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	66.60M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	66.60M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$794.00M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$800.00M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	66.70M	shares	Point-in-time
Right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$234.00M	USD	Point-in-time
Right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$240.00M	USD	Point-in-time
Goodwill	`Goodwill`	$4.33B	USD	Point-in-time
Goodwill	`Goodwill`	$4.31B	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$3.11B	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$3.17B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$149.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$186.00M	USD	Point-in-time
Total assets	`Assets`	$11.37B	USD	Point-in-time
Total assets	`Assets`	$11.49B	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$88.00M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$93.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$372.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$426.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$433.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$416.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$876.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$952.00M	USD	Point-in-time
Long-term debt, net	`LongTermDebt`	$4.83B	USD	Point-in-time
Long-term debt, net	`LongTermDebt`	$4.84B	USD	Point-in-time
Non-current deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$783.00M	USD	Point-in-time
Non-current deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$751.00M	USD	Point-in-time
Non-current accrued compensation	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$138.00M	USD	Point-in-time
Non-current accrued compensation	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$138.00M	USD	Point-in-time
Non-current lease liabilities	`NonCurrentLeaseLiability`	$215.00M	USD	Point-in-time
Non-current lease liabilities	`NonCurrentLeaseLiability`	$219.00M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$94.00M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$90.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$7.01B	USD	Point-in-time
Total liabilities	`Liabilities`	$6.92B	USD	Point-in-time
Commitments and contingencies (Note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value per share, 2 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value per share, 2 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, no par value, 200 shares authorized; 66.7 and 66.6 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively	`CommonStockValue`	-	USD	Point-in-time
Common stock, no par value, 200 shares authorized; 66.7 and 66.6 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.14B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.15B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.21B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.27B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$69.00M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$82.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.45B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.48B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.89B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.03B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$11.37B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$11.49B	USD	Point-in-time

Income Statement 50 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$742.00M	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$794.00M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$459.00M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$408.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$334.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$335.00M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$72.00M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$52.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$92.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$174.00M	USD	1 Quarter
Acquisition and integration costs	`BusinessCombinationAcquisitionRelatedCosts`	$6.00M	USD	1 Quarter
Acquisition and integration costs	`BusinessCombinationAcquisitionRelatedCosts`	$8.00M	USD	1 Quarter
Restructuring and other	`RestructuringAndOtherCharges`	$2.00M	USD	1 Quarter
Restructuring and other	`RestructuringAndOtherCharges`	$1.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$81.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$15.00M	USD	1 Quarter
Gain on sale of long-lived assets	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	1 Quarter
Gain on sale of long-lived assets	`GainLossOnSaleOfPropertyPlantEquipment`	$7.00M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$1.00M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$172.00M	USD	1 Quarter
Interest income	`InterestAndOtherIncome`	$3.00M	USD	1 Quarter
Interest income	`InterestAndOtherIncome`	-	USD	1 Quarter
Interest expense	`InterestExpense`	$6.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$85.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$2.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$5.00M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-79.00M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$171.00M	USD	1 Quarter
(Benefit) provision for income taxes	`IncomeTaxExpenseBenefit`	$-37.00M	USD	1 Quarter
(Benefit) provision for income taxes	`IncomeTaxExpenseBenefit`	$28.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$143.00M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-42.00M	USD	1 Quarter
Changes in value of financial instruments designated as cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$17.00M	USD	1 Quarter
Changes in value of financial instruments designated as cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-15.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-10.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$45.00M	USD	1 Quarter
Change in net investment hedge	`OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossNetOfTax`	-	USD	1 Quarter
Change in net investment hedge	`OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossNetOfTax`	$-15.00M	USD	1 Quarter
Net unrecognized pension loss	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$2.00M	USD	1 Quarter
Net unrecognized pension loss	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$150.00M	USD	1 Quarter
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-29.00M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.64	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$2.58	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$2.57	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.64	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	55.60M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	66.70M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	55.80M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	66.70M	shares	1 Quarter

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$-42.00M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$143.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$28.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$107.00M	USD	1 Quarter
Unrealized loss on derivatives not designated as hedging instruments	`UnrealizedGainLossOnDerivatives`	$-13.00M	USD	1 Quarter
Unrealized loss on derivatives not designated as hedging instruments	`UnrealizedGainLossOnDerivatives`	$-3.00M	USD	1 Quarter
Amortization of debt issuance costs and original issue discount	`AmortizationOfFinancingCostsAndDiscounts`	$8.00M	USD	1 Quarter
Amortization of debt issuance costs and original issue discount	`AmortizationOfFinancingCostsAndDiscounts`	-	USD	1 Quarter
Gain on sale of long-lived assets	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	1 Quarter
Gain on sale of long-lived assets	`GainLossOnSaleOfPropertyPlantEquipment`	$7.00M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$18.00M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$8.00M	USD	1 Quarter
Provision for excess and obsolete inventory	`InventoryWriteDown`	$18.00M	USD	1 Quarter
Provision for excess and obsolete inventory	`InventoryWriteDown`	$4.00M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-10.00M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-2.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-150.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$40.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$66.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$96.00M	USD	1 Quarter
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$5.00M	USD	1 Quarter
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$14.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$5.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-55.00M	USD	1 Quarter
Accrued compensation	`AccruedCompensation`	$60.00M	USD	1 Quarter
Accrued compensation	`AccruedCompensation`	$34.00M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-49.00M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$15.00M	USD	1 Quarter
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$23.00M	USD	1 Quarter
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$15.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$41.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$37.00M	USD	1 Quarter
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$35.00M	USD	1 Quarter
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	-	USD	1 Quarter
Proceeds from sale of long-lived assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$7.00M	USD	1 Quarter
Proceeds from sale of long-lived assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$19.00M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$17.00M	USD	1 Quarter
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-17.00M	USD	1 Quarter
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$23.00M	USD	1 Quarter
Proceeds from borrowings	`ProceedsFromBankDebt`	$2.00M	USD	1 Quarter
Proceeds from borrowings	`ProceedsFromBankDebt`	$3.00M	USD	1 Quarter
Payments of borrowings	`RepaymentsOfDebt`	$2.00M	USD	1 Quarter
Payments of borrowings	`RepaymentsOfDebt`	$23.00M	USD	1 Quarter
Dividend payments	`PaymentsOfDividendsCommonStock`	$15.00M	USD	1 Quarter
Dividend payments	`PaymentsOfDividendsCommonStock`	$12.00M	USD	1 Quarter
Net payments related to employee stock awards	`ProceedsFromPaymentsForEmployeeStockAwards`	$-6.00M	USD	1 Quarter
Net payments related to employee stock awards	`ProceedsFromPaymentsForEmployeeStockAwards`	$-6.00M	USD	1 Quarter
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	1 Quarter
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.00M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-43.00M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-17.00M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-2.00M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-6.00M	USD	1 Quarter
(Decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-29.00M	USD	1 Quarter
(Decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$45.00M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$880.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$909.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$966.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.01B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$880.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$909.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$966.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.01B	USD	Point-in-time

Stockholders Equity 20 line items

Line Item	Tag	Value	Unit	Period
Cash dividend, per common share	`CommonStockDividendsPerShareDeclared`	$0.22	USD	1 Quarter
Cash dividend, per common share	`CommonStockDividendsPerShareDeclared`	$0.22	USD	1 Quarter
Beginning Balance	`StockholdersEquity`	$4.45B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$4.48B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$2.89B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$3.03B	USD	Point-in-time
Net issuance under stock-based plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-6.00M	USD	1 Quarter
Net issuance under stock-based plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-6.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$18.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.00M	USD	1 Quarter
Cash dividend	`DividendsCommonStockCash`	$15.00M	USD	1 Quarter
Cash dividend	`DividendsCommonStockCash`	$12.00M	USD	1 Quarter
Net (loss) Income	`NetIncomeLoss`	$143.00M	USD	1 Quarter
Net (loss) Income	`NetIncomeLoss`	$-42.00M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$7.00M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$13.00M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$4.45B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$4.48B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$2.89B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$3.03B	USD	Point-in-time

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