10-Q Filing

MONSTER BEVERAGE CORP CIK: 865752 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001104659-23-087927`
Period End Date	20230630
Filing Date	20230804
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	mnst-20230630x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 54 Cash Flow Statement 86 Stockholders Equity 44 Comprehensive Income 28

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
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, shares authorized	`CommonStockSharesAuthorized`	5.00B	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	5.00B	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	1.28B	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	1.12B	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.87B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.31B	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1.04B	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1.05B	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$1.42B	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$1.36B	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.02B	USD	Point-in-time
Common stock in treasury, shares	`TreasuryStockCommonShares`	239.09M	shares	Point-in-time
Common stock in treasury, shares	`TreasuryStockCommonShares`	70.78M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.33B	USD	Point-in-time
Inventories	`InventoryNet`	$935.63M	USD	Point-in-time
Inventories	`InventoryNet`	$846.81M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$109.82M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$148.75M	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$33.78M	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$38.53M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$5.65B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.76B	USD	Point-in-time
INVESTMENTS	`LongTermInvestments`	$61.44M	USD	Point-in-time
INVESTMENTS	`LongTermInvestments`	$62.25M	USD	Point-in-time
PROPERTY AND EQUIPMENT, net	`PropertyPlantAndEquipmentNet`	$576.64M	USD	Point-in-time
PROPERTY AND EQUIPMENT, net	`PropertyPlantAndEquipmentNet`	$516.90M	USD	Point-in-time
DEFERRED INCOME TAXES, net	`DeferredIncomeTaxAssetsNet`	$177.04M	USD	Point-in-time
DEFERRED INCOME TAXES, net	`DeferredIncomeTaxAssetsNet`	$177.04M	USD	Point-in-time
GOODWILL	`Goodwill`	$1.42B	USD	Point-in-time
GOODWILL	`Goodwill`	$1.33B	USD	Point-in-time
GOODWILL	`Goodwill`	$1.42B	USD	Point-in-time
GOODWILL	`Goodwill`	$1.41B	USD	Point-in-time
OTHER INTANGIBLE ASSETS, net	`IntangibleAssetsNetExcludingGoodwill`	$1.22B	USD	Point-in-time
OTHER INTANGIBLE ASSETS, net	`IntangibleAssetsNetExcludingGoodwill`	$1.22B	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$151.25M	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$134.48M	USD	Point-in-time
Total Assets	`Assets`	$8.29B	USD	Point-in-time
Total Assets	`Assets`	$9.26B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$568.61M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$444.26M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$198.66M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$172.99M	USD	Point-in-time
Accrued promotional allowances	`AccruedPromotionalAllowancesLiabilitiesCurrent`	$255.63M	USD	Point-in-time
Accrued promotional allowances	`AccruedPromotionalAllowancesLiabilitiesCurrent`	$283.65M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$43.31M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$42.77M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$72.46M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$56.20M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$12.70M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$13.32M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.00B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.16B	USD	Point-in-time
DEFERRED REVENUE	`ContractWithCustomerLiabilityNoncurrent`	$215.04M	USD	Point-in-time
DEFERRED REVENUE	`ContractWithCustomerLiabilityNoncurrent`	$223.80M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$42.29M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$44.26M	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock - $0.005 par value; 5,000,000 shares authorized; 1,118,269 shares issued and 1,047,485 shares outstanding as of June 30, 2023; 1,283,688 shares issued and 1,044,600 shares outstanding as of December 31, 2022	`CommonStockValueOutstanding`	$5.59M	USD	Point-in-time
Common stock - $0.005 par value; 5,000,000 shares authorized; 1,118,269 shares issued and 1,047,485 shares outstanding as of June 30, 2023; 1,283,688 shares issued and 1,044,600 shares outstanding as of December 31, 2022	`CommonStockValueOutstanding`	$6.42M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$4.87B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$4.78B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$9.00B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.12B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-152.96M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-155.72M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-159.07M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-69.17M	USD	Point-in-time
Common stock in treasury, at cost; 70,784 shares and 239,088 shares as of June 30, 2023 and December 31, 2022, respectively	`TreasuryStockCommonValue`	$2.00B	USD	Point-in-time
Common stock in treasury, at cost; 70,784 shares and 239,088 shares as of June 30, 2023 and December 31, 2022, respectively	`TreasuryStockCommonValue`	$6.60B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$6.87B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$7.84B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$6.81B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$6.57B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$7.03B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$7.40B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$8.29B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$9.26B	USD	Point-in-time

Income Statement 54 line items

Line Item	Tag	Value	Unit	Period
NET SALES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.85B	USD	1 Quarter
NET SALES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.17B	USD	2 Qtrs
NET SALES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.66B	USD	1 Quarter
NET SALES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.55B	USD	2 Qtrs
COST OF SALES	`CostOfGoodsAndServicesSold`	$1.68B	USD	2 Qtrs
COST OF SALES	`CostOfGoodsAndServicesSold`	$1.62B	USD	2 Qtrs
COST OF SALES	`CostOfGoodsAndServicesSold`	$875.40M	USD	1 Quarter
COST OF SALES	`CostOfGoodsAndServicesSold`	$880.74M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$779.86M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$1.87B	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$1.56B	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$974.22M	USD	1 Quarter
OPERATING EXPENSES	`OperatingExpenses`	$863.20M	USD	2 Qtrs
OPERATING EXPENSES	`OperatingExpenses`	$450.42M	USD	1 Quarter
OPERATING EXPENSES	`OperatingExpenses`	$784.09M	USD	2 Qtrs
OPERATING EXPENSES	`OperatingExpenses`	$406.91M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$372.95M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$1.01B	USD	2 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$523.80M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$772.44M	USD	2 Qtrs
INTEREST and OTHER INCOME (EXPENSE), net	`OtherNonoperatingIncomeExpense`	$27.65M	USD	2 Qtrs
INTEREST and OTHER INCOME (EXPENSE), net	`OtherNonoperatingIncomeExpense`	$15.16M	USD	1 Quarter
INTEREST and OTHER INCOME (EXPENSE), net	`OtherNonoperatingIncomeExpense`	$-6.78M	USD	1 Quarter
INTEREST and OTHER INCOME (EXPENSE), net	`OtherNonoperatingIncomeExpense`	$-14.08M	USD	2 Qtrs
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$758.36M	USD	2 Qtrs
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.04B	USD	2 Qtrs
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$538.96M	USD	1 Quarter
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$366.17M	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$125.09M	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$190.80M	USD	2 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$92.81M	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$225.21M	USD	2 Qtrs
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$273.36M	USD	1 Quarter
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$413.87M	USD	1 Quarter
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$294.20M	USD	1 Quarter
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$567.56M	USD	2 Qtrs
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$397.44M	USD	1 Quarter
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$811.32M	USD	2 Qtrs
Basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.26	USD	1 Quarter
Basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.78	USD	2 Qtrs
Basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.54	USD	2 Qtrs
Basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.40	USD	1 Quarter
Diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.26	USD	1 Quarter
Diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.77	USD	2 Qtrs
Diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.39	USD	1 Quarter
Diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.53	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	1.06B	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	1.05B	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	1.06B	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	1.05B	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.07B	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.06B	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.07B	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.06B	shares	1 Quarter

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Accrued liabilities for intangible assets	`NetChangeInAccruedLiabilitiesIncurredButNotYetPaid`	$9.60M	USD	2 Qtrs
Accrued liabilities for intangible assets	`NetChangeInAccruedLiabilitiesIncurredButNotYetPaid`	$3.40M	USD	2 Qtrs
Net income	`ProfitLoss`	$811.32M	USD	2 Qtrs
Net income	`ProfitLoss`	$567.56M	USD	2 Qtrs
Accounts payable for purchase of available-for-sale short-term investment	`AccountsPayableForPurchasesOfAvailableForSaleShortTermInvestments`	$3.40M	USD	2 Qtrs
Accounts payable for purchases of equipment	`AccountsPayableForPurchasesOfEquipment`	$2.00M	USD	2 Qtrs
Accounts payable for purchases of equipment	`AccountsPayableForPurchasesOfEquipment`	$100.00K	USD	2 Qtrs
Included in accounts payable related to additions to other intangible assets	`AdditionsToOtherIntangibleAssetsIncludedInAccountsPayable`	$3.20M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$32.38M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$30.43M	USD	2 Qtrs
Non-cash lease expense	`NonCashLeaseExpense`	$3.22M	USD	2 Qtrs
Non-cash lease expense	`NonCashLeaseExpense`	$2.83M	USD	2 Qtrs
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$767.00K	USD	2 Qtrs
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$69.00K	USD	2 Qtrs
Loss on impairment of intangibles	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$2.80M	USD	2 Qtrs
Loss on impairment of intangibles	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$2.80M	USD	1 Quarter
Loss on impairment of intangibles	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	2 Qtrs
Loss on impairment of intangibles	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$32.61M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$34.60M	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-21.93M	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	-	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$289.24M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$317.81M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-93.08M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$299.08M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$36.78M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$55.66M	USD	2 Qtrs
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$1.22M	USD	2 Qtrs
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$3.35M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$132.17M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$85.50M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-789.00K	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$20.49M	USD	2 Qtrs
Accrued promotional allowances	`IncreaseDecreaseInAccruedPromotionalAllowancesLiabilitiesCurrent`	$77.75M	USD	2 Qtrs
Accrued promotional allowances	`IncreaseDecreaseInAccruedPromotionalAllowancesLiabilitiesCurrent`	$23.64M	USD	2 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-15.31M	USD	2 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-17.62M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-14.67M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-1.22M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-257.00K	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-3.21M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInCustomerLiability`	$-12.36M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInCustomerLiability`	$-9.10M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$763.16M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$130.66M	USD	2 Qtrs
Sales of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$1.04B	USD	2 Qtrs
Sales of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$1.41B	USD	2 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$964.27M	USD	2 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.09B	USD	2 Qtrs
Acquisition of CANarchy, net of cash	`PaymentsToAcquireBusinessesGross`	-	USD	2 Qtrs
Acquisition of CANarchy, net of cash	`PaymentsToAcquireBusinessesGross`	$329.47M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$82.42M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$99.45M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$372.00K	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.03M	USD	2 Qtrs
Additions to intangibles	`PaymentsToProceedsFromIntangiblesAssets`	$5.93M	USD	2 Qtrs
Additions to intangibles	`PaymentsToProceedsFromIntangiblesAssets`	$9.89M	USD	2 Qtrs
Increase in other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$12.74M	USD	2 Qtrs
Increase in other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$17.57M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.74M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-158.21M	USD	2 Qtrs
(Payments) borrowings on debt	`ProceedsFromRepaymentsOfShortTermDebt`	$-6.66M	USD	2 Qtrs
(Payments) borrowings on debt	`ProceedsFromRepaymentsOfShortTermDebt`	$4.92M	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$59.67M	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$22.62M	USD	2 Qtrs
Purchases of common stock held in treasury	`PaymentsForRepurchaseOfCommonStock`	$296.50M	USD	2 Qtrs
Purchases of common stock held in treasury	`PaymentsForRepurchaseOfCommonStock`	$90.83M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-268.95M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-37.82M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-4.50M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-50.40M	USD	2 Qtrs
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-194.42M	USD	2 Qtrs
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$562.63M	USD	2 Qtrs
CASH AND CASH EQUIVALENTS, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.33B	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.87B	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.13B	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.31B	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.33B	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.87B	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.13B	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.31B	USD	Point-in-time
Interest	`InterestPaidNet`	$227.00K	USD	2 Qtrs
Interest	`InterestPaidNet`	$147.00K	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$232.90M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$209.51M	USD	2 Qtrs

Stockholders Equity 44 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$6.87B	USD	Point-in-time
Balance	`StockholdersEquity`	$7.84B	USD	Point-in-time
Balance	`StockholdersEquity`	$6.81B	USD	Point-in-time
Balance	`StockholdersEquity`	$6.57B	USD	Point-in-time
Balance	`StockholdersEquity`	$7.03B	USD	Point-in-time
Balance	`StockholdersEquity`	$7.40B	USD	Point-in-time
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.16M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.18M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.18M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.74M	USD	1 Quarter
Stock options/awards	`StockIssuedDuringPeriodValueStockOptionsExercised`	$36.35M	USD	1 Quarter
Stock options/awards	`StockIssuedDuringPeriodValueStockOptionsExercised`	$23.32M	USD	1 Quarter
Stock options/awards	`StockIssuedDuringPeriodValueStockOptionsExercised`	$4.51M	USD	1 Quarter
Stock options/awards	`StockIssuedDuringPeriodValueStockOptionsExercised`	$18.11M	USD	1 Quarter
Unrealized gain (loss), net on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.41M	USD	2 Qtrs
Unrealized gain (loss), net on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-773.00K	USD	1 Quarter
Unrealized gain (loss), net on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-4.06M	USD	1 Quarter
Unrealized gain (loss), net on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-5.16M	USD	2 Qtrs
Unrealized gain (loss), net on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$3.18M	USD	1 Quarter
Unrealized gain (loss), net on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.10M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$284.31M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$12.19M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$90.38M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$447.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$1.08M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-79.71M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-5.78M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$7.98M	USD	1 Quarter
Net losses on commodity derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	-	USD	1 Quarter
Net losses on commodity derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-1.27M	USD	2 Qtrs
Net losses on commodity derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-1.27M	USD	1 Quarter
Net losses on commodity derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	-	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$273.36M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$413.87M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$294.20M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$567.56M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$397.44M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$811.32M	USD	2 Qtrs
Balance	`StockholdersEquity`	$6.87B	USD	Point-in-time
Balance	`StockholdersEquity`	$7.84B	USD	Point-in-time
Balance	`StockholdersEquity`	$6.81B	USD	Point-in-time
Balance	`StockholdersEquity`	$6.57B	USD	Point-in-time
Balance	`StockholdersEquity`	$7.03B	USD	Point-in-time
Balance	`StockholdersEquity`	$7.40B	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$273.36M	USD	1 Quarter
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$413.87M	USD	1 Quarter
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$294.20M	USD	1 Quarter
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$567.56M	USD	2 Qtrs
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$397.44M	USD	1 Quarter
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$811.32M	USD	2 Qtrs
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-78.63M	USD	2 Qtrs
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$2.21M	USD	2 Qtrs
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-79.71M	USD	1 Quarter
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-5.78M	USD	1 Quarter
Change in net unrealized gains (losses)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.41M	USD	2 Qtrs
Change in net unrealized gains (losses)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-773.00K	USD	1 Quarter
Change in net unrealized gains (losses)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-4.06M	USD	1 Quarter
Change in net unrealized gains (losses)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-5.16M	USD	2 Qtrs
Change in net unrealized gains (losses)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$3.18M	USD	1 Quarter
Change in net unrealized gains (losses)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.10M	USD	1 Quarter
Net losses on commodity derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	-	USD	1 Quarter
Net losses on commodity derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-1.27M	USD	2 Qtrs
Net losses on commodity derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-1.27M	USD	1 Quarter
Net losses on commodity derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	-	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$3.35M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-83.79M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-80.81M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-7.81M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$192.55M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$483.77M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$406.06M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$814.66M	USD	2 Qtrs

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