10-K Filing

AMETEK INC/ CIK: 1037868 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0001037868-24-000009`
Period End Date	20231231
Filing Date	20240222
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	ame-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 42 Cash Flow Statement 92 Stockholders Equity 41 Comprehensive Income 39

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$345.39M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$409.80M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Receivables	`ReceivablesNetCurrent`	$919.34M	USD	Point-in-time
Receivables	`ReceivablesNetCurrent`	$1.01B	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	800.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Inventories, net	`InventoryNet`	$1.13B	USD	Point-in-time
Inventories, net	`InventoryNet`	$1.04B	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	800.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	268.59M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	269.28M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$269.46M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$219.05M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.82B	USD	Point-in-time
Treasury stock, shares	`TreasuryStockCommonShares`	38.35M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockCommonShares`	38.54M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.53B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$635.64M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$891.29M	USD	Point-in-time
Right of use assets, net	`OperatingLeaseRightOfUseAsset`	$229.72M	USD	Point-in-time
Right of use assets, net	`OperatingLeaseRightOfUseAsset`	$170.29M	USD	Point-in-time
Goodwill	`Goodwill`	$6.45B	USD	Point-in-time
Goodwill	`Goodwill`	$5.24B	USD	Point-in-time
Goodwill	`Goodwill`	$5.37B	USD	Point-in-time
Other intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$3.34B	USD	Point-in-time
Other intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$4.17B	USD	Point-in-time
Investments and other assets	`InvestmentsAndOtherNoncurrentAssets`	$464.90M	USD	Point-in-time
Investments and other assets	`InvestmentsAndOtherNoncurrentAssets`	$382.48M	USD	Point-in-time
Total assets	`Assets`	$12.43B	USD	Point-in-time
Total assets	`Assets`	$15.02B	USD	Point-in-time
Short-term borrowings and current portion of long-term debt, net	`DebtCurrent`	$1.42B	USD	Point-in-time
Short-term borrowings and current portion of long-term debt, net	`DebtCurrent`	$226.08M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$497.13M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$516.59M	USD	Point-in-time
Customer advanced payments	`ContractWithCustomerLiabilityCurrent`	$375.51M	USD	Point-in-time
Customer advanced payments	`ContractWithCustomerLiabilityCurrent`	$357.67M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$48.17M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$69.57M	USD	Point-in-time
Accrued liabilities and other	`AccruedLiabilitiesAndOtherLiabilities`	$502.99M	USD	Point-in-time
Accrued liabilities and other	`AccruedLiabilitiesAndOtherLiabilities`	$435.14M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.88B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.56B	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$1.90B	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$2.16B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$836.70M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$694.27M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$678.64M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$537.21M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.95B	USD	Point-in-time
Total liabilities	`Liabilities`	$6.29B	USD	Point-in-time
Preferred stock,$0.01 par value; authorized 5,000,000 shares; none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock,$0.01 par value; authorized 5,000,000 shares; none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value; authorized 800,000,000 shares; issued: 2023 269,284,250 shares; 2022 268,588,293 shares	`CommonStockValue`	$2.71M	USD	Point-in-time
Common stock, $0.01 par value; authorized 800,000,000 shares; issued: 2023 269,284,250 shares; 2022 268,588,293 shares	`CommonStockValue`	$2.70M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$1.09B	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$1.17B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$8.86B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$9.94B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-574.95M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-484.94M	USD	Point-in-time
Treasury stock: 2023 38,354,154 shares; 2022 38,537,635 shares	`TreasuryStockValue`	$1.90B	USD	Point-in-time
Treasury stock: 2023 38,354,154 shares; 2022 38,537,635 shares	`TreasuryStockValue`	$1.90B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$7.48B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$8.73B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$6.87B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$12.43B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$15.02B	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$5.55B	USD	Annual
Net sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$6.60B	USD	Annual
Net sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$6.15B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$4.21B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$4.01B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$3.63B	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$644.58M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$677.01M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$603.94M	USD	Annual
Total operating expenses	`CostsAndExpenses`	$4.65B	USD	Annual
Total operating expenses	`CostsAndExpenses`	$4.89B	USD	Annual
Total operating expenses	`CostsAndExpenses`	$4.24B	USD	Annual
Operating income	`OperatingIncomeLoss`	$1.50B	USD	Annual
Operating income	`OperatingIncomeLoss`	$1.31B	USD	Annual
Operating income	`OperatingIncomeLoss`	$1.71B	USD	Annual
Interest expense	`InterestExpense`	$80.38M	USD	Annual
Interest expense	`InterestExpense`	$81.80M	USD	Annual
Interest expense	`InterestExpense`	$83.19M	USD	Annual
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$11.19M	USD	Annual
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-19.25M	USD	Annual
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-5.12M	USD	Annual
Total	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.61B	USD	Annual
Total	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.22B	USD	Annual
Total	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.43B	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$293.22M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$269.15M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$233.12M	USD	Annual
Net income	`NetIncomeLoss`	$1.31B	USD	Annual
Net income	`NetIncomeLoss`	$1.16B	USD	Annual
Net income	`NetIncomeLoss`	$990.05M	USD	Annual
Basic earnings per share (in USD per share)	`EarningsPerShareBasic`	$5.04	USD	Annual
Basic earnings per share (in USD per share)	`EarningsPerShareBasic`	$4.29	USD	Annual
Basic earnings per share (in USD per share)	`EarningsPerShareBasic`	$5.70	USD	Annual
Diluted earnings per share (in USD per share)	`EarningsPerShareDiluted`	$4.25	USD	Annual
Diluted earnings per share (in USD per share)	`EarningsPerShareDiluted`	$5.67	USD	Annual
Diluted earnings per share (in USD per share)	`EarningsPerShareDiluted`	$5.01	USD	Annual
Basic shares	`WeightedAverageNumberOfSharesOutstandingBasic`	230.21M	shares	Annual
Basic shares	`WeightedAverageNumberOfSharesOutstandingBasic`	230.52M	shares	Annual
Basic shares	`WeightedAverageNumberOfSharesOutstandingBasic`	230.96M	shares	Annual
Diluted shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	231.54M	shares	Annual
Diluted shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	232.81M	shares	Annual
Diluted shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	231.51M	shares	Annual

Cash Flow Statement 92 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$1.16B	USD	Annual
Net income	`ProfitLoss`	$1.31B	USD	Annual
Net income	`ProfitLoss`	$990.05M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$292.11M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$337.64M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$319.43M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-29.76M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-91.90M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-67.82M	USD	Annual
Share-based compensation expense	`ShareBasedCompensation`	$46.10M	USD	Annual
Share-based compensation expense	`ShareBasedCompensation`	$47.38M	USD	Annual
Share-based compensation expense	`ShareBasedCompensation`	$46.20M	USD	Annual
Gain on sale of business/investment	`GainLossOnSaleOfBusiness`	-	USD	Annual
Gain on sale of business/investment	`GainLossOnSaleOfBusiness`	$3.58M	USD	Annual
Gain on sale of business/investment	`GainLossOnSaleOfBusiness`	$6.35M	USD	Annual
Gain on sale of facilities	`GainLossOnSaleOfFacilities`	-	USD	Annual
Gain on sale of facilities	`GainLossOnSaleOfFacilities`	$120.00K	USD	Annual
Gain on sale of facilities	`GainLossOnSaleOfFacilities`	$7.05M	USD	Annual
Decrease (increase) in receivables	`IncreaseDecreaseInReceivables`	$172.79M	USD	Annual
Decrease (increase) in receivables	`IncreaseDecreaseInReceivables`	$86.71M	USD	Annual
Decrease (increase) in receivables	`IncreaseDecreaseInReceivables`	$-8.45M	USD	Annual
Decrease (increase) in inventories and other current assets	`IncreaseDecreaseInInventoriesAndOtherCurrentAssets`	$-56.62M	USD	Annual
Decrease (increase) in inventories and other current assets	`IncreaseDecreaseInInventoriesAndOtherCurrentAssets`	$129.59M	USD	Annual
Decrease (increase) in inventories and other current assets	`IncreaseDecreaseInInventoriesAndOtherCurrentAssets`	$322.47M	USD	Annual
Increase in payables, accruals and income taxes	`IncreaseDecreaseInPayablesAccrualsAndIncomeTaxes`	$212.10M	USD	Annual
Increase in payables, accruals and income taxes	`IncreaseDecreaseInPayablesAccrualsAndIncomeTaxes`	$95.48M	USD	Annual
Increase in payables, accruals and income taxes	`IncreaseDecreaseInPayablesAccrualsAndIncomeTaxes`	$10.43M	USD	Annual
Increase (decrease) in other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-35.10M	USD	Annual
Increase (decrease) in other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$47.23M	USD	Annual
Increase (decrease) in other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$67.28M	USD	Annual
Pension contributions	`PensionContributions`	$8.96M	USD	Annual
Pension contributions	`PensionContributions`	$8.67M	USD	Annual
Pension contributions	`PensionContributions`	$10.28M	USD	Annual
Other, net	`OtherNoncashIncomeExpense`	$-3.96M	USD	Annual
Other, net	`OtherNoncashIncomeExpense`	$3.82M	USD	Annual
Other, net	`OtherNoncashIncomeExpense`	$23.08M	USD	Annual
Total operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.74B	USD	Annual
Total operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.16B	USD	Annual
Total operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.15B	USD	Annual
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$139.00M	USD	Annual
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$136.25M	USD	Annual
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$110.67M	USD	Annual
Purchases of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.96B	USD	Annual
Purchases of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$429.71M	USD	Annual
Purchases of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$2.24B	USD	Annual
Proceeds from sale of business/investment	`ProceedsFromDivestitureOfBusinesses`	$3.73M	USD	Annual
Proceeds from sale of business/investment	`ProceedsFromDivestitureOfBusinesses`	-	USD	Annual
Proceeds from sale of business/investment	`ProceedsFromDivestitureOfBusinesses`	$12.00M	USD	Annual
Proceeds from sale of facilities	`ProceedsFromSaleOfFacilities`	$880.00K	USD	Annual
Proceeds from sale of facilities	`ProceedsFromSaleOfFacilities`	$11.75M	USD	Annual
Proceeds from sale of facilities	`ProceedsFromSaleOfFacilities`	$2.34M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$3.15M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$294.00K	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-471.00K	USD	Annual
Total investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-552.76M	USD	Annual
Total investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.38B	USD	Annual
Total investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.06B	USD	Annual
Net change in short-term borrowings	`ProceedsFromRepaymentsOfShortTermDebt`	$243.62M	USD	Annual
Net change in short-term borrowings	`ProceedsFromRepaymentsOfShortTermDebt`	$-73.69M	USD	Annual
Net change in short-term borrowings	`ProceedsFromRepaymentsOfShortTermDebt`	$892.28M	USD	Annual
Repayments of long-term borrowings	`RepaymentsOfLongTermDebt`	$59.72M	USD	Annual
Repayments of long-term borrowings	`RepaymentsOfLongTermDebt`	-	USD	Annual
Repayments of long-term borrowings	`RepaymentsOfLongTermDebt`	-	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$7.77M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$14.71M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$332.82M	USD	Annual
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$202.17M	USD	Annual
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$184.59M	USD	Annual
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$230.33M	USD	Annual
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$50.85M	USD	Annual
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$60.30M	USD	Annual
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$49.94M	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-7.75M	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-5.55M	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-16.95M	USD	Annual
Total financing activities	`NetCashProvidedByUsedInFinancingActivities`	$697.28M	USD	Annual
Total financing activities	`NetCashProvidedByUsedInFinancingActivities`	$39.34M	USD	Annual
Total financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-575.70M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-22.30M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-10.00M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.27M	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.39M	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-866.05M	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$64.42M	USD	Annual
Beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.21B	USD	Point-in-time
Beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$345.39M	USD	Point-in-time
Beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$409.80M	USD	Point-in-time
Beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$346.77M	USD	Point-in-time
End of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.21B	USD	Point-in-time
End of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$345.39M	USD	Point-in-time
End of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$409.80M	USD	Point-in-time
End of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$346.77M	USD	Point-in-time

Stockholders Equity 41 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Tax benefit (expense) from investment hedge instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$8.06M	USD	Annual
Tax benefit (expense) from investment hedge instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-12.63M	USD	Annual
Tax benefit (expense) from investment hedge instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-17.07M	USD	Annual
Tax benefit (expense) from change in pension plans	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax`	$-15.30M	USD	Annual
Tax benefit (expense) from change in pension plans	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax`	$4.77M	USD	Annual
Tax benefit (expense) from change in pension plans	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax`	$-3.40M	USD	Annual
Tax related to amortization of net actuarial loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	$-4.10M	USD	Annual
Tax related to amortization of net actuarial loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	$-2.80M	USD	Annual
Tax related to amortization of net actuarial loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	$-2.11M	USD	Annual
Tax related to amortization of prior service costs	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax`	$-25.00K	USD	Annual
Tax related to amortization of prior service costs	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax`	$-114.00K	USD	Annual
Tax related to amortization of prior service costs	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax`	$-25.00K	USD	Annual
Balance at the beginning of the year	`StockholdersEquity`	$7.48B	USD	Point-in-time
Balance at the beginning of the year	`StockholdersEquity`	$8.73B	USD	Point-in-time
Balance at the beginning of the year	`StockholdersEquity`	$6.87B	USD	Point-in-time
Net income	`NetIncomeLoss`	$1.31B	USD	Annual
Net income	`NetIncomeLoss`	$1.16B	USD	Annual
Net income	`NetIncomeLoss`	$990.05M	USD	Annual
Translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$88.61M	USD	Annual
Translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-47.33M	USD	Annual
Translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-123.76M	USD	Annual
Net actuarial gain (loss), net of tax of $(3,396), $4,769 and ($15,298) in 2023, 2022 and 2021, respectively	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$-18.24M	USD	Annual
Net actuarial gain (loss), net of tax of $(3,396), $4,769 and ($15,298) in 2023, 2022 and 2021, respectively	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$46.05M	USD	Annual
Net actuarial gain (loss), net of tax of $(3,396), $4,769 and ($15,298) in 2023, 2022 and 2021, respectively	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$11.87M	USD	Annual
Amortization of net actuarial loss, net of tax of ($2,801), ($2,111) and ($4,103) in 2023, 2022 and 2021, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-8.77M	USD	Annual
Amortization of net actuarial loss, net of tax of ($2,801), ($2,111) and ($4,103) in 2023, 2022 and 2021, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-6.42M	USD	Annual
Amortization of net actuarial loss, net of tax of ($2,801), ($2,111) and ($4,103) in 2023, 2022 and 2021, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-12.25M	USD	Annual
Amortization of prior service costs, net of tax of $(25), ($25) and $(114) in 2023, 2022 and 2021, respectively	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$76.00K	USD	Annual
Amortization of prior service costs, net of tax of $(25), ($25) and $(114) in 2023, 2022 and 2021, respectively	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$76.00K	USD	Annual
Amortization of prior service costs, net of tax of $(25), ($25) and $(114) in 2023, 2022 and 2021, respectively	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$343.00K	USD	Annual
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$7.80M	USD	Annual
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$332.80M	USD	Annual
Balance at the end of the year	`StockholdersEquity`	$7.48B	USD	Point-in-time
Balance at the end of the year	`StockholdersEquity`	$8.73B	USD	Point-in-time
Balance at the end of the year	`StockholdersEquity`	$6.87B	USD	Point-in-time

Comprehensive Income 39 line items

Line Item	Tag	Value	Unit	Period
Tax benefit (expense) from investment hedge instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$8.06M	USD	Annual
Net income	`NetIncomeLoss`	$1.31B	USD	Annual
Tax benefit (expense) from investment hedge instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-12.63M	USD	Annual
Tax benefit (expense) from investment hedge instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-17.07M	USD	Annual
Net income	`NetIncomeLoss`	$1.16B	USD	Annual
Net income	`NetIncomeLoss`	$990.05M	USD	Annual
Tax benefit (expense) from change in pension plans	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax`	$-15.30M	USD	Annual
Tax benefit (expense) from change in pension plans	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax`	$4.77M	USD	Annual
Tax benefit (expense) from change in pension plans	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax`	$-3.40M	USD	Annual
Tax related to amortization of net actuarial loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	$-4.10M	USD	Annual
Tax related to amortization of net actuarial loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	$-2.80M	USD	Annual
Tax related to amortization of net actuarial loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	$-2.11M	USD	Annual
Tax related to amortization of prior service costs	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax`	$-25.00K	USD	Annual
Tax related to amortization of prior service costs	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax`	$-114.00K	USD	Annual
Tax related to amortization of prior service costs	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax`	$-25.00K	USD	Annual
Translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$88.61M	USD	Annual
Translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-47.33M	USD	Annual
Translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-123.76M	USD	Annual
Change in long-term intercompany notes	`OtherComprehensiveIncomeLossForeignCurrencyTranslationChangeInLongtermIntercompanyNotes`	$5.42M	USD	Annual
Change in long-term intercompany notes	`OtherComprehensiveIncomeLossForeignCurrencyTranslationChangeInLongtermIntercompanyNotes`	$-16.33M	USD	Annual
Change in long-term intercompany notes	`OtherComprehensiveIncomeLossForeignCurrencyTranslationChangeInLongtermIntercompanyNotes`	$-21.42M	USD	Annual
Net investment hedge instruments (loss) gain, net of tax of $8,058, $(17,070) and ($12,631) in 2023, 2022 and 2021, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$24.74M	USD	Annual
Net investment hedge instruments (loss) gain, net of tax of $8,058, $(17,070) and ($12,631) in 2023, 2022 and 2021, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-52.42M	USD	Annual
Net investment hedge instruments (loss) gain, net of tax of $8,058, $(17,070) and ($12,631) in 2023, 2022 and 2021, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-39.05M	USD	Annual
Net actuarial gain (loss), net of tax of $(3,396), $4,769 and ($15,298) in 2023, 2022 and 2021, respectively	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$-18.24M	USD	Annual
Net actuarial gain (loss), net of tax of $(3,396), $4,769 and ($15,298) in 2023, 2022 and 2021, respectively	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$46.05M	USD	Annual
Net actuarial gain (loss), net of tax of $(3,396), $4,769 and ($15,298) in 2023, 2022 and 2021, respectively	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$11.87M	USD	Annual
Amortization of net actuarial loss, net of tax of ($2,801), ($2,111) and ($4,103) in 2023, 2022 and 2021, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-8.77M	USD	Annual
Amortization of net actuarial loss, net of tax of ($2,801), ($2,111) and ($4,103) in 2023, 2022 and 2021, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-6.42M	USD	Annual
Amortization of net actuarial loss, net of tax of ($2,801), ($2,111) and ($4,103) in 2023, 2022 and 2021, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-12.25M	USD	Annual
Amortization of prior service costs, net of tax of $(25), ($25) and $(114) in 2023, 2022 and 2021, respectively	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$76.00K	USD	Annual
Amortization of prior service costs, net of tax of $(25), ($25) and $(114) in 2023, 2022 and 2021, respectively	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$76.00K	USD	Annual
Amortization of prior service costs, net of tax of $(25), ($25) and $(114) in 2023, 2022 and 2021, respectively	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$343.00K	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-104.50M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$34.02M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$90.00M	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.02B	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.40B	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.06B	USD	Annual

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