10-Q Filing

RALPH LAUREN CORP CIK: 1037038 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001037038-22-000031`
Period End Date	20220930
Filing Date	20221110
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	rl-20221001_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 75 Income Statement 76 Cash Flow Statement 68 Stockholders Equity 40 Comprehensive Income 24

Balance Sheet 75 line items

Line Item	Tag	Value	Unit	Period
Allowance on accounts receivable	`AccountsReceivableReservesAllowancesCurrent`	$214.70M	USD	Point-in-time
Allowance on accounts receivable	`AccountsReceivableReservesAllowancesCurrent`	$194.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.11B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.86B	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$734.60M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$309.60M	USD	Point-in-time
Accounts receivable, net of allowances of $194.5 million and $214.7 million	`AccountsReceivableNetCurrent`	$405.40M	USD	Point-in-time
Accounts receivable, net of allowances of $194.5 million and $214.7 million	`AccountsReceivableNetCurrent`	$489.60M	USD	Point-in-time
Inventories	`InventoryNet`	$1.26B	USD	Point-in-time
Inventories	`InventoryNet`	$928.20M	USD	Point-in-time
Inventories	`InventoryNet`	$977.30M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$54.10M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$63.70M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$172.50M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$218.80M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.22B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.44B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$969.50M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$899.10M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$1.02B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$1.11B	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsGross`	$243.00M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsGross`	$303.80M	USD	Point-in-time
Goodwill	`Goodwill`	$908.70M	USD	Point-in-time
Goodwill	`Goodwill`	$865.50M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$102.90M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$95.60M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$173.10M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$111.20M	USD	Point-in-time
Total assets	`Assets`	$6.73B	USD	Point-in-time
Total assets	`Assets`	$7.72B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$499.80M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	-	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$498.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$448.70M	USD	Point-in-time
Current income tax payable	`AccruedIncomeTaxesCurrent`	$53.80M	USD	Point-in-time
Current income tax payable	`AccruedIncomeTaxesCurrent`	$89.90M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$244.60M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$262.00M	USD	Point-in-time
Accrued expenses and other current liabilities	`OtherLiabilitiesCurrent`	$991.40M	USD	Point-in-time
Accrued expenses and other current liabilities	`OtherLiabilitiesCurrent`	$877.10M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.71B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.26B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.14B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.14B	USD	Point-in-time
Long-term finance lease liabilities	`FinanceLeaseLiabilityNoncurrent`	$323.80M	USD	Point-in-time
Long-term finance lease liabilities	`FinanceLeaseLiabilityNoncurrent`	$341.60M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$1.13B	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$1.04B	USD	Point-in-time
Non-current income tax payable	`AccruedIncomeTaxesNoncurrent`	$98.90M	USD	Point-in-time
Non-current income tax payable	`AccruedIncomeTaxesNoncurrent`	$73.60M	USD	Point-in-time
Non-current liability for unrecognized tax benefits	`LiabilityForUncertainTaxPositionsNoncurrent`	$91.90M	USD	Point-in-time
Non-current liability for unrecognized tax benefits	`LiabilityForUncertainTaxPositionsNoncurrent`	$86.60M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$131.90M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$110.20M	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Total liabilities	`Liabilities`	$5.19B	USD	Point-in-time
Total liabilities	`Liabilities`	$4.48B	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$2.75B	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$2.79B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$6.27B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$6.45B	USD	Point-in-time
Treasury stock, Class A, at cost; 66.3 million and 61.9 million shares	`TreasuryStockValue`	$6.31B	USD	Point-in-time
Treasury stock, Class A, at cost; 66.3 million and 61.9 million shares	`TreasuryStockValue`	$6.73B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-257.30M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-180.30M	USD	Point-in-time
Total equity	`StockholdersEquity`	$2.86B	USD	Point-in-time
Total equity	`StockholdersEquity`	$2.60B	USD	Point-in-time
Total equity	`StockholdersEquity`	$2.36B	USD	Point-in-time
Total equity	`StockholdersEquity`	$2.72B	USD	Point-in-time
Total equity	`StockholdersEquity`	$2.54B	USD	Point-in-time
Total equity	`StockholdersEquity`	$2.26B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$7.72B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$6.73B	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`Revenues`	$3.07B	USD	2 Qtrs
Net revenues	`Revenues`	$2.88B	USD	2 Qtrs
Net revenues	`Revenues`	$1.58B	USD	1 Quarter
Net revenues	`Revenues`	$1.50B	USD	1 Quarter
Cost of goods sold	`CostOfRevenue`	$897.10M	USD	2 Qtrs
Cost of goods sold	`CostOfRevenue`	$1.05B	USD	2 Qtrs
Cost of goods sold	`CostOfRevenue`	$556.80M	USD	1 Quarter
Cost of goods sold	`CostOfRevenue`	$488.90M	USD	1 Quarter
Gross profit	`GrossProfit`	$2.02B	USD	2 Qtrs
Gross profit	`GrossProfit`	$1.02B	USD	1 Quarter
Gross profit	`GrossProfit`	$1.98B	USD	2 Qtrs
Gross profit	`GrossProfit`	$1.02B	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.48B	USD	2 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$754.90M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$809.30M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.63B	USD	2 Qtrs
Impairment of assets	`AssetImpairmentCharges`	$700.00K	USD	1 Quarter
Impairment of assets	`AssetImpairmentCharges`	$19.30M	USD	2 Qtrs
Impairment of assets	`AssetImpairmentCharges`	$200.00K	USD	1 Quarter
Impairment of assets	`AssetImpairmentCharges`	$200.00K	USD	2 Qtrs
Restructuring and other charges, net	`Restructuringandothercharges`	$8.40M	USD	2 Qtrs
Restructuring and other charges, net	`Restructuringandothercharges`	$12.50M	USD	2 Qtrs
Restructuring and other charges, net	`Restructuringandothercharges`	$6.90M	USD	1 Quarter
Restructuring and other charges, net	`Restructuringandothercharges`	$7.70M	USD	1 Quarter
Total other operating expenses, net	`OperatingExpenses`	$1.64B	USD	2 Qtrs
Total other operating expenses, net	`OperatingExpenses`	$763.30M	USD	1 Quarter
Total other operating expenses, net	`OperatingExpenses`	$816.40M	USD	1 Quarter
Total other operating expenses, net	`OperatingExpenses`	$1.51B	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$251.90M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$472.50M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$381.90M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$206.70M	USD	1 Quarter
Interest expense	`InterestExpense`	$13.60M	USD	1 Quarter
Interest expense	`InterestExpense`	$21.30M	USD	2 Qtrs
Interest expense	`InterestExpense`	$9.50M	USD	1 Quarter
Interest expense	`InterestExpense`	$26.90M	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$6.60M	USD	1 Quarter
Interest income	`InterestIncomeOther`	$10.20M	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$1.20M	USD	1 Quarter
Interest income	`InterestIncomeOther`	$3.00M	USD	2 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-3.70M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-1.40M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-8.50M	USD	2 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-500.00K	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$448.10M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$238.10M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$200.10M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$362.30M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$88.40M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$44.80M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$49.60M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$90.10M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$358.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$193.30M	USD	1 Quarter
Net income	`NetIncomeLoss`	$273.90M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$150.50M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$2.21	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$2.61	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$3.97	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$4.84	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$2.57	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$4.75	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$2.18	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$3.90	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	74.00M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	73.90M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	68.00M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	69.00M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	69.00M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	70.30M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	75.30M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	75.30M	shares	2 Qtrs
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.75	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$1.50	USD	2 Qtrs
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$1.38	USD	2 Qtrs
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.69	USD	1 Quarter

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$358.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$193.30M	USD	1 Quarter
Net income	`NetIncomeLoss`	$273.90M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$150.50M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$108.10M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$53.30M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$55.90M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$113.10M	USD	2 Qtrs
Deferred income tax expense (benefits)	`DeferredIncomeTaxExpenseBenefit`	$-100.00K	USD	2 Qtrs
Deferred income tax expense (benefits)	`DeferredIncomeTaxExpenseBenefit`	$36.10M	USD	2 Qtrs
Non-cash stock-based compensation expense	`ShareBasedCompensation`	$40.60M	USD	2 Qtrs
Non-cash stock-based compensation expense	`ShareBasedCompensation`	$40.70M	USD	2 Qtrs
Non-cash impairment of assets	`AssetImpairmentCharges`	$700.00K	USD	1 Quarter
Non-cash impairment of assets	`AssetImpairmentCharges`	$19.30M	USD	2 Qtrs
Non-cash impairment of assets	`AssetImpairmentCharges`	$200.00K	USD	1 Quarter
Non-cash impairment of assets	`AssetImpairmentCharges`	$200.00K	USD	2 Qtrs
Bad debt expense (reversals)	`ProvisionForDoubtfulAccounts`	$-900.00K	USD	2 Qtrs
Bad debt expense (reversals)	`ProvisionForDoubtfulAccounts`	$600.00K	USD	2 Qtrs
Other non-cash charges	`OtherNoncashIncomeExpense`	$-1.80M	USD	2 Qtrs
Other non-cash charges	`OtherNoncashIncomeExpense`	$-13.10M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-26.60M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$113.80M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$345.80M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$199.00M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$59.60M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$17.70M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$31.80M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$145.70M	USD	2 Qtrs
Income tax receivables and payables	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$28.90M	USD	2 Qtrs
Income tax receivables and payables	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$6.20M	USD	2 Qtrs
Operating lease right-of-use assets and liabilities, net	`IncreaseDecreaseInOperatingLeaseROUAssetsAndLiabilitiesNet`	$-20.20M	USD	2 Qtrs
Operating lease right-of-use assets and liabilities, net	`IncreaseDecreaseInOperatingLeaseROUAssetsAndLiabilitiesNet`	$-12.30M	USD	2 Qtrs
Other balance sheet changes	`IncreaseDecreaseInOtherOperatingCapitalNet`	-	USD	2 Qtrs
Other balance sheet changes	`IncreaseDecreaseInOtherOperatingCapitalNet`	$9.20M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$464.20M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.90M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$83.90M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$63.40M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$431.20M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$756.40M	USD	2 Qtrs
Proceeds from sales and maturities of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$849.20M	USD	2 Qtrs
Proceeds from sales and maturities of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$279.50M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$2.10M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$6.00M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-542.40M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$328.10M	USD	2 Qtrs
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	-	USD	2 Qtrs
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$500.00M	USD	2 Qtrs
Payments of finance lease obligations	`FinanceLeasePrincipalPayments`	$11.70M	USD	2 Qtrs
Payments of finance lease obligations	`FinanceLeasePrincipalPayments`	$10.80M	USD	2 Qtrs
Payments of dividends	`PaymentsOfDividendsCommonStock`	$50.50M	USD	2 Qtrs
Payments of dividends	`PaymentsOfDividendsCommonStock`	$99.10M	USD	2 Qtrs
Repurchases of common stock, including shares surrendered for tax withholdings	`PaymentsForRepurchaseOfCommonStock`	$39.90M	USD	2 Qtrs
Repurchases of common stock, including shares surrendered for tax withholdings	`PaymentsForRepurchaseOfCommonStock`	$417.30M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.03B	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-102.10M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-60.60M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-11.00M	USD	2 Qtrs
Net decrease in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-757.80M	USD	2 Qtrs
Net decrease in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-191.30M	USD	2 Qtrs
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.40B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.59B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.11B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.87B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.40B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.59B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.11B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.87B	USD	Point-in-time

Stockholders Equity 40 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$2.86B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.60B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.36B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.72B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.54B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.26B	USD	Point-in-time
Net income	`NetIncomeLoss`	$358.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$193.30M	USD	1 Quarter
Net income	`NetIncomeLoss`	$273.90M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$150.50M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-77.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-8.70M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-49.20M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$800.00K	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$358.80M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$196.90M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$101.30M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$184.60M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$100.70M	USD	2 Qtrs
Dividends declared	`DividendsCommonStockCash`	$101.10M	USD	2 Qtrs
Dividends declared	`DividendsCommonStockCash`	$49.70M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$50.60M	USD	1 Quarter
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$182.60M	USD	1 Quarter
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$417.30M	USD	2 Qtrs
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$39.90M	USD	2 Qtrs
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$11.10M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$22.50M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$40.70M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$40.60M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$22.20M	USD	1 Quarter
Shares issued pursuant to stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	-	USD	1 Quarter
Shares issued pursuant to stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	-	USD	2 Qtrs
Shares issued pursuant to stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	-	USD	1 Quarter
Shares issued pursuant to stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	-	USD	2 Qtrs
Ending balance	`StockholdersEquity`	$2.86B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.60B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.36B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.72B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.54B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.26B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$358.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$193.30M	USD	1 Quarter
Net income	`NetIncomeLoss`	$273.90M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$150.50M	USD	1 Quarter
Foreign currency translation gains (losses)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-9.80M	USD	1 Quarter
Foreign currency translation gains (losses)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$800.00K	USD	2 Qtrs
Foreign currency translation gains (losses)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-56.50M	USD	1 Quarter
Foreign currency translation gains (losses)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-95.80M	USD	2 Qtrs
Net gains on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$7.30M	USD	1 Quarter
Net gains on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$1.10M	USD	1 Quarter
Net gains on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$18.90M	USD	2 Qtrs
Net gains on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$100.00K	USD	2 Qtrs
Net losses on defined benefit plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	1 Quarter
Net losses on defined benefit plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$100.00K	USD	2 Qtrs
Net losses on defined benefit plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$100.00K	USD	2 Qtrs
Net losses on defined benefit plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-77.00M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-8.70M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-49.20M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$800.00K	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$358.80M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$196.90M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$101.30M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$184.60M	USD	1 Quarter

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