10-Q Filing

GARMIN LTD CIK: 1121788 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0000950170-23-057115`
Period End Date	20230930
Filing Date	20231101
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	grmn-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 76 Cash Flow Statement 70 Stockholders Equity 49 Comprehensive Income 16

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Accumualted depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$982.40M	USD	Point-in-time
Accumualted depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$904.92M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.28B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.42B	USD	Point-in-time
Common shares, authorized	`CommonStockSharesAuthorized`	198.08M	shares	Point-in-time
Common shares, authorized	`CommonStockSharesAuthorized`	195.88M	shares	Point-in-time
Common shares, issued	`CommonStockSharesIssued`	198.08M	shares	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$273.05M	USD	Point-in-time
Common shares, issued	`CommonStockSharesIssued`	195.88M	shares	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$173.29M	USD	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	191.39M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$721.14M	USD	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	191.62M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$656.85M	USD	Point-in-time
Inventories	`InventoryNet`	$1.44B	USD	Point-in-time
Treasury Stock, Common, Shares	`TreasuryStockCommonShares`	6.45M	shares	Point-in-time
Inventories	`InventoryNet`	$1.52B	USD	Point-in-time
Treasury Stock, Common, Shares	`TreasuryStockCommonShares`	4.49M	shares	Point-in-time
Deferred costs	`DeferredCostsCurrent`	$14.86M	USD	Point-in-time
Deferred costs	`DeferredCostsCurrent`	$15.30M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$284.68M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$315.92M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.16B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.96B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $960,129 and $904,922	`PropertyPlantAndEquipmentNet`	$1.15B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $960,129 and $904,922	`PropertyPlantAndEquipmentNet`	$1.19B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$138.04M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$140.63M	USD	Point-in-time
Noncurrent marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$1.21B	USD	Point-in-time
Noncurrent marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$1.08B	USD	Point-in-time
Deferred income tax assets	`DeferredIncomeTaxAssetsNet`	$514.88M	USD	Point-in-time
Deferred income tax assets	`DeferredIncomeTaxAssetsNet`	$441.07M	USD	Point-in-time
Noncurrent deferred costs	`DeferredCosts`	$9.83M	USD	Point-in-time
Noncurrent deferred costs	`DeferredCosts`	$10.54M	USD	Point-in-time
Goodwill	`Goodwill`	$594.45M	USD	Point-in-time
Goodwill	`Goodwill`	$567.99M	USD	Point-in-time
Other intangible assets, net	`OtherIntangibleAssetsNet`	$185.84M	USD	Point-in-time
Other intangible assets, net	`OtherIntangibleAssetsNet`	$178.46M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$85.26M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$92.73M	USD	Point-in-time
Total assets	`Assets`	$7.73B	USD	Point-in-time
Total assets	`Assets`	$7.97B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$268.03M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$212.42M	USD	Point-in-time
Salaries and benefits payable	`EmployeeRelatedLiabilitiesCurrent`	$196.66M	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`	$53.53M	USD	Point-in-time
Accrued sales program costs	`AccruedMarketingCostsCurrent`	$97.77M	USD	Point-in-time
Accrued sales program costs	`AccruedMarketingCostsCurrent`	$71.56M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$197.38M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$208.72M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$98.29M	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`	$151.56M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrent`	$279.45M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrent`	$139.73M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.21B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.33B	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$129.97M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$116.42M	USD	Point-in-time
Noncurrent income taxes payable	`AccruedIncomeTaxesNoncurrent`	$24.58M	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`	$35.52M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$111.03M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$114.54M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$360.00K	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$388.00K	USD	Point-in-time
Shares (195,880 and 198,077 shares authorized and issued; 191,387 and 191,623 shares outstanding)	`CommonStockValue`	$19.59M	USD	Point-in-time
Shares (195,880 and 198,077 shares authorized and issued; 191,387 and 191,623 shares outstanding)	`CommonStockValue`	$17.98M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.10B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.04B	USD	Point-in-time
Treasury stock (4,493 and 6,454 shares)	`TreasuryStockValue`	$331.39M	USD	Point-in-time
Treasury stock (4,493 and 6,454 shares)	`TreasuryStockValue`	$475.10M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.73B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.72B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-114.53M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-160.83M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$6.20B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$6.12B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$6.35B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$6.11B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.88B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.87B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.73B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.97B	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.28B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.55B	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.14B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.75B	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$1.49B	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$548.96M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$469.94M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$1.60B	USD	3 Qtrs
Gross profit	`GrossProfit`	$2.14B	USD	3 Qtrs
Gross profit	`GrossProfit`	$670.50M	USD	1 Quarter
Gross profit	`GrossProfit`	$728.57M	USD	1 Quarter
Gross profit	`GrossProfit`	$2.06B	USD	3 Qtrs
Advertising expense	`AdvertisingExpense`	$111.85M	USD	3 Qtrs
Advertising expense	`AdvertisingExpense`	$32.89M	USD	1 Quarter
Advertising expense	`AdvertisingExpense`	$110.38M	USD	3 Qtrs
Advertising expense	`AdvertisingExpense`	$35.16M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$189.55M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$609.80M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$571.54M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$201.47M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$619.22M	USD	3 Qtrs
Research and development expense	`ResearchAndDevelopmentExpense`	$667.45M	USD	3 Qtrs
Research and development expense	`ResearchAndDevelopmentExpense`	$208.69M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$221.57M	USD	1 Quarter
Total operating expense	`OperatingExpenses`	$1.39B	USD	3 Qtrs
Total operating expense	`OperatingExpenses`	$1.30B	USD	3 Qtrs
Total operating expense	`OperatingExpenses`	$458.20M	USD	1 Quarter
Total operating expense	`OperatingExpenses`	$431.13M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$270.37M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$239.37M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$760.67M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$751.71M	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$54.46M	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$10.47M	USD	1 Quarter
Interest income	`InterestIncomeOther`	$19.80M	USD	1 Quarter
Interest income	`InterestIncomeOther`	$26.52M	USD	3 Qtrs
Foreign currency gains (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-11.54M	USD	1 Quarter
Foreign currency gains (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-29.86M	USD	1 Quarter
Foreign currency gains (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-55.81M	USD	3 Qtrs
Foreign currency gains (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$6.95M	USD	3 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$3.72M	USD	3 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$938.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$4.21M	USD	3 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$285.00K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$9.20M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-25.57M	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$65.61M	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-19.11M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$279.57M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$735.10M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$817.32M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$220.27M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$9.42M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$22.33M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$69.81M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$54.78M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$210.85M	USD	1 Quarter
Net income	`NetIncomeLoss`	$747.51M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$257.24M	USD	1 Quarter
Net income	`NetIncomeLoss`	$680.31M	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$3.53	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$3.91	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$1.34	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.09	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.34	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$3.52	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$3.90	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.09	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	191.44M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	192.67M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	192.88M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	191.41M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	193.38M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	193.10M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	191.77M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	191.87M	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`	$747.51M	USD	3 Qtrs
Depreciation	`Depreciation`	$98.48M	USD	3 Qtrs
Depreciation	`Depreciation`	$88.00M	USD	3 Qtrs
Amortization	`AdjustmentForAmortization`	$33.75M	USD	3 Qtrs
Amortization	`AdjustmentForAmortization`	$34.35M	USD	3 Qtrs
Gain on sale or disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$50.00K	USD	3 Qtrs
Gain on sale or disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$1.65M	USD	3 Qtrs
Unrealized foreign currency losses	`ForeignCurrencyTransactionGainLossUnrealized`	$-45.50M	USD	3 Qtrs
Unrealized foreign currency losses	`ForeignCurrencyTransactionGainLossUnrealized`	$-9.93M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-90.21M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-101.13M	USD	3 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$57.87M	USD	3 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$66.21M	USD	3 Qtrs
Realized loss on marketable securities	`GainLossOnSaleOfInvestments`	$-982.00K	USD	3 Qtrs
Realized loss on marketable securities	`GainLossOnSaleOfInvestments`	$-56.00K	USD	3 Qtrs
Accounts receivable, net of allowance for doubtful accounts	`IncreaseDecreaseInAccountsReceivable`	$-156.67M	USD	3 Qtrs
Accounts receivable, net of allowance for doubtful accounts	`IncreaseDecreaseInAccountsReceivable`	$54.76M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$442.31M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-111.46M	USD	3 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-29.30M	USD	3 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-28.29M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-64.20M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$55.34M	USD	3 Qtrs
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$430.00K	USD	3 Qtrs
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-84.29M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$7.06M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-3.30M	USD	3 Qtrs
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$1.15M	USD	3 Qtrs
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$-3.43M	USD	3 Qtrs
Income Taxes	`IncreaseDecreaseInIncomeTaxes`	$-102.02M	USD	3 Qtrs
Income Taxes	`IncreaseDecreaseInIncomeTaxes`	$20.07M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$419.59M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$910.32M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$184.93M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$144.88M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.69M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$157.00K	USD	3 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.18M	USD	3 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.41M	USD	3 Qtrs
Purchase of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$116.04M	USD	3 Qtrs
Purchase of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.04B	USD	3 Qtrs
Redemption of marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$145.09M	USD	3 Qtrs
Redemption of marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$923.89M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$150.85M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$13.46M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-319.15M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-267.69M	USD	3 Qtrs
Dividends	`PaymentsOfDividends`	$399.07M	USD	3 Qtrs
Dividends	`PaymentsOfDividends`	$419.17M	USD	3 Qtrs
Proceeds from issuance of treasury stock related to equity awards	`ProceedsFromSaleOfTreasuryStock`	$41.05M	USD	3 Qtrs
Proceeds from issuance of treasury stock related to equity awards	`ProceedsFromSaleOfTreasuryStock`	$21.95M	USD	3 Qtrs
Purchase of treasury stock related to equity awards	`PaymentsForRepurchaseOfTreasuryStockRelatedToEquityAwards`	$9.40M	USD	3 Qtrs
Purchase of treasury stock related to equity awards	`PaymentsForRepurchaseOfTreasuryStockRelatedToEquityAwards`	$14.75M	USD	3 Qtrs
Purchase of treasury stock under share repurchase plan	`PaymentForPurchaseOfTreasuryStockUnderShareRepurchasePlan`	$79.53M	USD	3 Qtrs
Purchase of treasury stock under share repurchase plan	`PaymentForPurchaseOfTreasuryStockUnderShareRepurchasePlan`	$105.21M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-486.15M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-477.98M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-12.85M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-38.27M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-415.80M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$143.63M	USD	3 Qtrs
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.28B	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`	$1.50B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.42B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.28B	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`	$1.50B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.42B	USD	Point-in-time

Stockholders Equity 49 line items

Line Item	Tag	Value	Unit	Period
Adjustment related to unrealized gains (losses) on available-for-sale securities income tax effects	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$686.00K	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`	$5.74M	USD	1 Quarter
Adjustment related to unrealized gains (losses) on available-for-sale securities income tax effects	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$2.33M	USD	3 Qtrs
Beginning balance, value	`StockholdersEquity`	$6.20B	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$6.12B	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$6.35B	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$6.11B	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$5.88B	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$5.87B	USD	Point-in-time
Net Income (Loss)	`NetIncomeLoss`	$210.85M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$747.51M	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$257.24M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$680.31M	USD	3 Qtrs
Translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-239.17M	USD	3 Qtrs
Translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-117.36M	USD	1 Quarter
Translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-48.34M	USD	1 Quarter
Translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-56.79M	USD	3 Qtrs
Adjustment related to unrealized gains (losses) on available-for-sale securities net of income tax effects	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$2.81M	USD	1 Quarter
Adjustment related to unrealized gains (losses) on available-for-sale securities net of income tax effects	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$10.50M	USD	3 Qtrs
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`	$-18.87M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$355.64M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$211.72M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$74.62M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$701.22M	USD	3 Qtrs
Dividends	`DividendsNet`	$562.05M	USD	3 Qtrs
Dividends	`DividendsNet`	$370.00K	USD	1 Quarter
Dividends	`DividendsNet`	$-2.63M	USD	1 Quarter
Dividends	`DividendsNet`	$558.88M	USD	3 Qtrs
Issuance of treasury stock related to equity awards	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$21.95M	USD	3 Qtrs
Issuance of treasury stock related to equity awards	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$41.05M	USD	3 Qtrs
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$22.82M	USD	1 Quarter
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$57.87M	USD	3 Qtrs
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$66.21M	USD	3 Qtrs
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$18.12M	USD	1 Quarter
Purchase of treasury stock related to equity awards	`TreasuryStockValueAcquiredCostMethod`	$9.40M	USD	3 Qtrs
Purchase of treasury stock related to equity awards	`TreasuryStockValueAcquiredCostMethod`	$27.00K	USD	1 Quarter
Purchase of treasury stock related to equity awards	`TreasuryStockValueAcquiredCostMethod`	$14.75M	USD	3 Qtrs
Purchase of treasury stock under share repurchase plan, including any associated excise tax	`PurchaseOfTreasuryStockUnderShareRepurchasePlan1`	$83.09M	USD	1 Quarter
Purchase of treasury stock under share repurchase plan, including any associated excise tax	`PurchaseOfTreasuryStockUnderShareRepurchasePlan1`	$8.71M	USD	1 Quarter
Purchase of treasury stock under share repurchase plan, including any associated excise tax	`PurchaseOfTreasuryStockUnderShareRepurchasePlan1`	$76.16M	USD	3 Qtrs
Purchase of treasury stock under share repurchase plan, including any associated excise tax	`PurchaseOfTreasuryStockUnderShareRepurchasePlan1`	$113.74M	USD	3 Qtrs
Ending balance, value	`StockholdersEquity`	$6.20B	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$6.12B	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$6.35B	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$6.11B	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$5.88B	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 (Loss)	`NetIncomeLoss`	$210.85M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$747.51M	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$257.24M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$680.31M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-239.17M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-117.36M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-48.34M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-56.79M	USD	3 Qtrs
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$10.50M	USD	3 Qtrs
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.81M	USD	1 Quarter
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-85.51M	USD	3 Qtrs
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-18.87M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$355.64M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$211.72M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$74.62M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$701.22M	USD	3 Qtrs

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