10-Q Filing

LOGITECH INTERNATIONAL S.A. CIK: 1032975 Q2 2024

Filing Information

Form Type	10-Q
Accession Number	`0001032975-23-000080`
Period End Date	20230930
Filing Date	20231026
Fiscal Year	2024
Fiscal Period	Q2
XBRL Instance	logi-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 62 Income Statement 80 Cash Flow Statement 72 Stockholders Equity 49 Comprehensive Income 32

Balance Sheet 62 line items

Line Item	Tag	Value	Unit	Period
Shares, par value (in CHF per share)	`CommonStockParOrStatedValuePerShare`	0.25	CHF	Point-in-time
Shares, par value (in CHF per share)	`CommonStockParOrStatedValuePerShare`	0.25	CHF	Point-in-time
Shares issued (in shares)	`CommonStockSharesIssued`	173.11M	shares	Point-in-time
Shares issued (in shares)	`CommonStockSharesIssued`	173.11M	shares	Point-in-time
Shares that may be issued out of conditional capital (in shares)	`NumberOfSharesIssuableOutOfConditionalCapitals`	50.00M	shares	Point-in-time
Shares that may be issued out of conditional capital (in shares)	`NumberOfSharesIssuableOutOfConditionalCapitals`	50.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.15B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.16B	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$656.89M	USD	Point-in-time
Shares that may be issued out of the authorized capital (in shares)	`NumberOfSharesIssuableAuthorizedCapital`	17.31M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$630.38M	USD	Point-in-time
Shares that may be issued out of the authorized capital (in shares)	`NumberOfSharesIssuableAuthorizedCapital`	17.31M	shares	Point-in-time
Treasury, at cost, shares (in shares)	`TreasuryStockCommonShares`	13.76M	shares	Point-in-time
Treasury, at cost, shares (in shares)	`TreasuryStockCommonShares`	16.03M	shares	Point-in-time
Inventories	`InventoryNet`	$532.94M	USD	Point-in-time
Inventories	`InventoryNet`	$682.89M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$138.48M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$142.88M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.61B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.49B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$121.50M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$122.03M	USD	Point-in-time
Goodwill	`Goodwill`	$454.61M	USD	Point-in-time
Goodwill	`Goodwill`	$461.40M	USD	Point-in-time
Other intangible assets, net	`OtherIntangibleAssetsNet`	$58.08M	USD	Point-in-time
Other intangible assets, net	`OtherIntangibleAssetsNet`	$63.17M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$291.30M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$316.29M	USD	Point-in-time
Total assets	`Assets`	$3.43B	USD	Point-in-time
Total assets	`Assets`	$3.56B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$492.90M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$406.97M	USD	Point-in-time
Accrued and other current liabilities	`AccruedLiabilitiesCurrent`	$643.14M	USD	Point-in-time
Accrued and other current liabilities	`AccruedLiabilitiesCurrent`	$594.04M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.09B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.05B	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesNoncurrent`	$114.23M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesNoncurrent`	$106.39M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$146.69M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$146.58M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.30B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.35B	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Registered shares, CHF 0.25 par value: Issued shares - 173,106 at September 30, 2023 and March 31, 2023 Additional shares that may be issued out of conditional capital - 50,000 at September 30, 2023 and March 31, 2023 Additional shares that may be issued out of authorized capital - 17,311 at September 30, 2023 and March 31, 2023	`CommonStockValueOutstanding`	$30.15M	USD	Point-in-time
Registered shares, CHF 0.25 par value: Issued shares - 173,106 at September 30, 2023 and March 31, 2023 Additional shares that may be issued out of conditional capital - 50,000 at September 30, 2023 and March 31, 2023 Additional shares that may be issued out of authorized capital - 17,311 at September 30, 2023 and March 31, 2023	`CommonStockValueOutstanding`	$30.15M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$47.31M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$127.38M	USD	Point-in-time
Shares in treasury, at cost 16,029 at September 30, 2023 and 13,763 at March 31, 2023	`TreasuryStockCommonValue`	$1.08B	USD	Point-in-time
Shares in treasury, at cost 16,029 at September 30, 2023 and 13,763 at March 31, 2023	`TreasuryStockCommonValue`	$977.27M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.19B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.18B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-106.95M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-100.28M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$2.23B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$2.40B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$2.36B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$2.17B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$2.26B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$2.08B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$3.56B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$3.43B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.15B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.03B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.06B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.31B	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsSoldExcludingAmortizationOfIntangibleAssets`	$1.21B	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsSoldExcludingAmortizationOfIntangibleAssets`	$615.40M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSoldExcludingAmortizationOfIntangibleAssets`	$707.03M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSoldExcludingAmortizationOfIntangibleAssets`	$1.40B	USD	2 Qtrs
Amortization of intangible assets	`CostOfGoodsSoldAmortizationOfIntangibleAssets`	$6.13M	USD	2 Qtrs
Amortization of intangible assets	`CostOfGoodsSoldAmortizationOfIntangibleAssets`	$3.15M	USD	1 Quarter
Amortization of intangible assets	`CostOfGoodsSoldAmortizationOfIntangibleAssets`	$2.98M	USD	1 Quarter
Amortization of intangible assets	`CostOfGoodsSoldAmortizationOfIntangibleAssets`	$6.19M	USD	2 Qtrs
Gross profit	`GrossProfit`	$438.78M	USD	1 Quarter
Gross profit	`GrossProfit`	$898.38M	USD	2 Qtrs
Gross profit	`GrossProfit`	$438.62M	USD	1 Quarter
Gross profit	`GrossProfit`	$814.26M	USD	2 Qtrs
Marketing and selling	`SellingAndMarketingExpense`	$431.47M	USD	2 Qtrs
Marketing and selling	`SellingAndMarketingExpense`	$355.54M	USD	2 Qtrs
Marketing and selling	`SellingAndMarketingExpense`	$202.09M	USD	1 Quarter
Marketing and selling	`SellingAndMarketingExpense`	$176.36M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$69.01M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$68.56M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$139.12M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$144.53M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$76.83M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$35.54M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$62.45M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$26.59M	USD	1 Quarter
Amortization of intangible assets and acquisition-related costs	`Amortizationofintangibleassetsandacquisitionrelatedcosts`	$6.00M	USD	2 Qtrs
Amortization of intangible assets and acquisition-related costs	`Amortizationofintangibleassetsandacquisitionrelatedcosts`	$6.24M	USD	2 Qtrs
Amortization of intangible assets and acquisition-related costs	`Amortizationofintangibleassetsandacquisitionrelatedcosts`	$3.32M	USD	1 Quarter
Amortization of intangible assets and acquisition-related costs	`Amortizationofintangibleassetsandacquisitionrelatedcosts`	$2.87M	USD	1 Quarter
Restructuring charges (credits), net	`RestructuringCharges`	$1.72M	USD	2 Qtrs
Restructuring charges (credits), net	`RestructuringCharges`	$-1.79M	USD	1 Quarter
Restructuring charges (credits), net	`RestructuringCharges`	$10.82M	USD	1 Quarter
Restructuring charges (credits), net	`RestructuringCharges`	$10.82M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$281.98M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$311.38M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$579.22M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$655.50M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$156.64M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$127.40M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$242.88M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$235.04M	USD	2 Qtrs
Interest income	`InterestIncomeExpenseNonoperatingNet`	$3.46M	USD	1 Quarter
Interest income	`InterestIncomeExpenseNonoperatingNet`	$21.68M	USD	2 Qtrs
Interest income	`InterestIncomeExpenseNonoperatingNet`	$11.86M	USD	1 Quarter
Interest income	`InterestIncomeExpenseNonoperatingNet`	$4.91M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-1.04M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-19.77M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-25.40M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-14.02M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$228.01M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$105.46M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$167.45M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$242.71M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$42.87M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$45.09M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$30.33M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$23.37M	USD	1 Quarter
Net income	`NetIncomeLoss`	$182.93M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$82.09M	USD	1 Quarter
Net income	`NetIncomeLoss`	$137.12M	USD	1 Quarter
Net income	`NetIncomeLoss`	$199.84M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.87	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.26	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.50	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.12	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.25	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.86	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.50	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.11	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	163.94M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	157.91M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	158.38M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	163.19M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	159.54M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	165.37M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	164.33M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	158.93M	shares	1 Quarter

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$199.84M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$182.93M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$82.09M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$137.12M	USD	1 Quarter
Depreciation	`Depreciation`	$37.29M	USD	2 Qtrs
Depreciation	`Depreciation`	$34.13M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$11.51M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$12.24M	USD	2 Qtrs
Loss on investments	`GainLossOnInvestments`	$-11.58M	USD	2 Qtrs
Loss on investments	`GainLossOnInvestments`	$-11.61M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$43.58M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$35.94M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$11.11M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$3.04M	USD	2 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$118.00K	USD	2 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$100.00K	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$35.36M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$121.91M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-21.79M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-146.37M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-4.76M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-12.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-78.35M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$88.02M	USD	2 Qtrs
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-72.16M	USD	2 Qtrs
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-59.85M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$37.26M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$463.06M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$45.38M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$34.73M	USD	2 Qtrs
Investment in privately held companies	`PaymentsToAcquireOtherInvestments`	$356.00K	USD	2 Qtrs
Investment in privately held companies	`PaymentsToAcquireOtherInvestments`	$2.27M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$5.84M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$14.14M	USD	2 Qtrs
Purchases of deferred compensation investments	`PaymentsToAcquireMarketableSecurities`	$2.50M	USD	2 Qtrs
Purchases of deferred compensation investments	`PaymentsToAcquireMarketableSecurities`	$2.55M	USD	2 Qtrs
Proceeds from sales of deferred compensation investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$2.44M	USD	2 Qtrs
Proceeds from sales of deferred compensation investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$2.62M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-49.15M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-53.56M	USD	2 Qtrs
Payment of cash dividends	`PaymentsOfOrdinaryDividends`	$182.31M	USD	2 Qtrs
Payment of cash dividends	`PaymentsOfOrdinaryDividends`	$158.68M	USD	2 Qtrs
Payment of contingent consideration for business acquisition	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$5.00M	USD	2 Qtrs
Payment of contingent consideration for business acquisition	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$5.95M	USD	2 Qtrs
Purchases of registered shares	`PaymentsForRepurchaseOfCommonStock`	$237.56M	USD	2 Qtrs
Purchases of registered shares	`PaymentsForRepurchaseOfCommonStock`	$188.94M	USD	2 Qtrs
Proceeds from exercises of stock options and purchase rights	`ProceedsFromStockOptionsAndPurchaseRightsExercised`	$15.32M	USD	2 Qtrs
Proceeds from exercises of stock options and purchase rights	`ProceedsFromStockOptionsAndPurchaseRightsExercised`	$12.85M	USD	2 Qtrs
Tax withholdings related to net share settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$26.74M	USD	2 Qtrs
Tax withholdings related to net share settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$26.22M	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.12M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-416.09M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-388.27M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-10.76M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-27.82M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-460.21M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$14.88M	USD	2 Qtrs
Cash and cash equivalents, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$868.50M	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.16B	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.15B	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.33B	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$868.50M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.16B	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.15B	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.33B	USD	Point-in-time
Property, plant and equipment purchased during the period and included in period end liability accounts	`CapitalExpendituresIncurredButNotYetPaid`	$9.22M	USD	2 Qtrs
Property, plant and equipment purchased during the period and included in period end liability accounts	`CapitalExpendituresIncurredButNotYetPaid`	$9.44M	USD	2 Qtrs
Right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$2.57M	USD	2 Qtrs
Right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$47.41M	USD	2 Qtrs
Income taxes paid, net	`IncomeTaxesPaidNet`	$44.86M	USD	2 Qtrs
Income taxes paid, net	`IncomeTaxesPaidNet`	$17.41M	USD	2 Qtrs

Stockholders Equity 49 line items

Line Item	Tag	Value	Unit	Period
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.19	USD	2 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.00	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	0.96	CHF	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.19	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	0.96	CHF	2 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	1.06	CHF	2 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.00	USD	2 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	1.06	CHF	1 Quarter
Beginning of the period	`StockholdersEquity`	$2.23B	USD	Point-in-time
Beginning of the period	`StockholdersEquity`	$2.40B	USD	Point-in-time
Beginning of the period	`StockholdersEquity`	$2.36B	USD	Point-in-time
Beginning of the period	`StockholdersEquity`	$2.17B	USD	Point-in-time
Beginning of the period	`StockholdersEquity`	$2.26B	USD	Point-in-time
Beginning of the period	`StockholdersEquity`	$2.08B	USD	Point-in-time
Beginning of the period (in shares)	`TreasuryStockCommonShares`	13.76M	shares	Point-in-time
Beginning of the period (in shares)	`TreasuryStockCommonShares`	16.03M	shares	Point-in-time
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$148.06M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$129.70M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$193.18M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$63.93M	USD	1 Quarter
Purchases of registered shares	`StockRepurchasedDuringPeriodValue`	$237.56M	USD	2 Qtrs
Purchases of registered shares	`StockRepurchasedDuringPeriodValue`	$219.17M	USD	2 Qtrs
Purchases of registered shares	`StockRepurchasedDuringPeriodValue`	$116.94M	USD	1 Quarter
Purchases of registered shares	`StockRepurchasedDuringPeriodValue`	$124.10M	USD	1 Quarter
Purchases of registered shares (in shares)	`StockRepurchasedDuringPeriodShares`	900,000.00	shares	2 Qtrs
Sales of shares upon exercise of stock options and purchase rights	`SaleOfSharesUponExerciseOfOptionAndPurchaseRight`	$12.85M	USD	2 Qtrs
Sales of shares upon exercise of stock options and purchase rights	`SaleOfSharesUponExerciseOfOptionAndPurchaseRight`	$13.21M	USD	1 Quarter
Sales of shares upon exercise of stock options and purchase rights	`SaleOfSharesUponExerciseOfOptionAndPurchaseRight`	$12.85M	USD	1 Quarter
Sales of shares upon exercise of stock options and purchase rights	`SaleOfSharesUponExerciseOfOptionAndPurchaseRight`	$15.32M	USD	2 Qtrs
Issuance of shares upon vesting of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-2.03M	USD	1 Quarter
Issuance of shares upon vesting of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-26.22M	USD	2 Qtrs
Issuance of shares upon vesting of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-2.60M	USD	1 Quarter
Issuance of shares upon vesting of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-26.74M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$43.81M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$35.90M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$21.61M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.64M	USD	1 Quarter
Cash dividends	`DividendsCommonStockCash`	$162.68M	USD	2 Qtrs
Cash dividends	`DividendsCommonStockCash`	$187.20M	USD	2 Qtrs
Cash dividends	`DividendsCommonStockCash`	$162.68M	USD	1 Quarter
Cash dividends	`DividendsCommonStockCash`	$187.20M	USD	1 Quarter
End of the period	`StockholdersEquity`	$2.23B	USD	Point-in-time
End of the period	`StockholdersEquity`	$2.40B	USD	Point-in-time
End of the period	`StockholdersEquity`	$2.36B	USD	Point-in-time
End of the period	`StockholdersEquity`	$2.17B	USD	Point-in-time
End of the period	`StockholdersEquity`	$2.26B	USD	Point-in-time
End of the period	`StockholdersEquity`	$2.08B	USD	Point-in-time
End of the period (in shares)	`TreasuryStockCommonShares`	13.76M	shares	Point-in-time
End of the period (in shares)	`TreasuryStockCommonShares`	16.03M	shares	Point-in-time

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$182.93M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$82.09M	USD	1 Quarter
Net income	`NetIncomeLoss`	$137.12M	USD	1 Quarter
Net income	`NetIncomeLoss`	$199.84M	USD	2 Qtrs
Currency translation loss, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-18.06M	USD	1 Quarter
Currency translation loss, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-39.28M	USD	2 Qtrs
Currency translation loss, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-12.15M	USD	2 Qtrs
Currency translation loss, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-10.62M	USD	1 Quarter
Net gain and prior service costs, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-28.00K	USD	1 Quarter
Net gain and prior service costs, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-112.00K	USD	2 Qtrs
Net gain and prior service costs, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	-	USD	2 Qtrs
Net gain and prior service costs, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	-	USD	1 Quarter
Reclassification of amortization included in other income (expense), net	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$-226.00K	USD	2 Qtrs
Reclassification of amortization included in other income (expense), net	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$-113.00K	USD	1 Quarter
Reclassification of amortization included in other income (expense), net	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$-244.00K	USD	1 Quarter
Reclassification of amortization included in other income (expense), net	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$-248.00K	USD	2 Qtrs
Deferred hedging gain, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$4.93M	USD	1 Quarter
Deferred hedging gain, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$11.56M	USD	2 Qtrs
Deferred hedging gain, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$2.08M	USD	1 Quarter
Deferred hedging gain, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$1.37M	USD	2 Qtrs
Reclassification of hedging loss (gain) included in cost of goods sold	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$4.95M	USD	1 Quarter
Reclassification of hedging loss (gain) included in cost of goods sold	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-1.37M	USD	1 Quarter
Reclassification of hedging loss (gain) included in cost of goods sold	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$7.04M	USD	2 Qtrs
Reclassification of hedging loss (gain) included in cost of goods sold	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-4.36M	USD	2 Qtrs
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-34.87M	USD	2 Qtrs
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-6.67M	USD	2 Qtrs
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-7.42M	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-18.16M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$148.06M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$129.70M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$193.18M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$63.93M	USD	1 Quarter

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