10-Q Filing

CARMAX INC CIK: 1170010 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001170010-19-000133`
Period End Date	20190531
Filing Date	20190703
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	kmx-20190531.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 28 Cash Flow Statement 82 Stockholders Equity 24 Comprehensive Income 10

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.50	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.50	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	350.00M	shares	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	350.00M	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	167.48M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$42.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$76.35M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$46.94M	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	165.40M	shares	Point-in-time
Restricted cash from collections on auto loan receivables	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$440.67M	USD	Point-in-time
Restricted cash from collections on auto loan receivables	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$431.41M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	165.40M	shares	Point-in-time
Restricted cash from collections on auto loan receivables	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$479.44M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	167.48M	shares	Point-in-time
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.17B	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$139.85M	USD	Point-in-time
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.30B	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$133.88M	USD	Point-in-time
Inventory	`InventoryNet`	$2.55B	USD	Point-in-time
Inventory	`InventoryNet`	$2.52B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$67.10M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$77.09M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$3.28B	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$3.21B	USD	Point-in-time
Auto loan receivables, net	`NotesReceivableNet`	$12.43B	USD	Point-in-time
Auto loan receivables, net	`NotesReceivableNet`	$12.78B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $1,173,108 and $1,297,393 as of May 31, 2019 and February 28, 2019, respectively	`PropertyPlantAndEquipmentNet`	$2.83B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $1,173,108 and $1,297,393 as of May 31, 2019 and February 28, 2019, respectively	`PropertyPlantAndEquipmentNet`	$2.93B	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$61.35M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$56.71M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$466.38M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$185.96M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$203.79M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$19.71B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$18.72B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$593.17M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$656.90M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$288.14M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$318.20M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$3.78M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$78.20M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$29.82M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	-	USD	Point-in-time
Short-term debt	`ShortTermBankLoansAndNotesPayable`	$671.00K	USD	Point-in-time
Short-term debt	`ShortTermBankLoansAndNotesPayable`	$1.13M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$10.18M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$14.36M	USD	Point-in-time
Current portion of non-recourse notes payable	`NonRecourseDebtCurrent`	$417.31M	USD	Point-in-time
Current portion of non-recourse notes payable	`NonRecourseDebtCurrent`	$385.04M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$1.49B	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$1.31B	USD	Point-in-time
Long-term debt, excluding current portion	`OtherLongTermDebtNoncurrent`	$1.65B	USD	Point-in-time
Long-term debt, excluding current portion	`OtherLongTermDebtNoncurrent`	$1.57B	USD	Point-in-time
Non-recourse notes payable, excluding current portion	`NonRecourseDebtNonCurrent`	$12.13B	USD	Point-in-time
Non-recourse notes payable, excluding current portion	`NonRecourseDebtNonCurrent`	$12.45B	USD	Point-in-time
Operating lease liabilities, excluding current portion	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Operating lease liabilities, excluding current portion	`OperatingLeaseLiabilityNoncurrent`	$458.79M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$272.80M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$289.82M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$16.26B	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$15.36B	USD	Point-in-time
Commitments and contingent liabilities	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingent liabilities	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.50 par value; 350,000,000 shares authorized; 165,395,165 and 167,478,924 shares issued and outstanding as of May 31, 2019 and February 28, 2019, respectively	`CommonStockValue`	$83.74M	USD	Point-in-time
Common stock, $0.50 par value; 350,000,000 shares authorized; 165,395,165 and 167,478,924 shares issued and outstanding as of May 31, 2019 and February 28, 2019, respectively	`CommonStockValue`	$82.70M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$1.26B	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$1.24B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-81.21M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-68.01M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.10B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.19B	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.32B	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.36B	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.45B	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.38B	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$19.71B	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$18.72B	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
NET SALES AND OPERATING REVENUES	`Revenues`	$5.37B	USD	1 Quarter
NET SALES AND OPERATING REVENUES	`Revenues`	$4.79B	USD	1 Quarter
TOTAL COST OF SALES	`CostOfRevenue`	$4.13B	USD	1 Quarter
TOTAL COST OF SALES	`CostOfRevenue`	$4.62B	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$742.38M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$661.34M	USD	1 Quarter
CARMAX AUTO FINANCE INCOME	`NetIncomeLossFromFinancing`	$115.59M	USD	1 Quarter
CARMAX AUTO FINANCE INCOME	`NetIncomeLossFromFinancing`	$115.96M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$489.66M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$438.23M	USD	1 Quarter
Interest expense	`InterestExpense`	$17.78M	USD	1 Quarter
Interest expense	`InterestExpense`	$18.05M	USD	1 Quarter
Other (income) expense	`NonoperatingIncomeExpense`	$359.00K	USD	1 Quarter
Other (income) expense	`NonoperatingIncomeExpense`	$-963.00K	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$319.68M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$351.26M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$81.03M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$84.51M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$238.66M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$266.74M	USD	1 Quarter
Basic, shares	`WeightedAverageNumberOfSharesOutstandingBasic`	178.14M	shares	1 Quarter
Basic, shares	`WeightedAverageNumberOfSharesOutstandingBasic`	166.32M	shares	1 Quarter
Diluted, shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	179.42M	shares	1 Quarter
Diluted, shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	167.64M	shares	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.60	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.34	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.33	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.59	USD	1 Quarter

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$238.66M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$266.74M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$51.51M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$45.34M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$45.02M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$29.00M	USD	1 Quarter
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$38.15M	USD	1 Quarter
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$30.87M	USD	1 Quarter
Provision for cancellation reserves	`ProvisionForContractCancellationReserves`	$25.46M	USD	1 Quarter
Provision for cancellation reserves	`ProvisionForContractCancellationReserves`	$20.09M	USD	1 Quarter
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$9.39M	USD	1 Quarter
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$3.60M	USD	1 Quarter
Other	`GainLossOnDispositionOfAssets`	$-1.47M	USD	1 Quarter
Other	`GainLossOnDispositionOfAssets`	$-1.74M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-31.97M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-5.97M	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$31.69M	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$-130.66M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$10.39M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-6.81M	USD	1 Quarter
Auto loan receivables, net	`IncreaseDecreaseInFinanceReceivables`	$386.92M	USD	1 Quarter
Auto loan receivables, net	`IncreaseDecreaseInFinanceReceivables`	$337.92M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$3.08M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$6.35M	USD	1 Quarter
Accounts payable, accrued expenses and other current liabilities and accrued income taxes	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$81.89M	USD	1 Quarter
Accounts payable, accrued expenses and other current liabilities and accrued income taxes	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$81.73M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-47.33M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-48.35M	USD	1 Quarter
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$43.20M	USD	1 Quarter
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$230.85M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$78.97M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$79.72M	USD	1 Quarter
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$320.00K	USD	1 Quarter
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.00K	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$7.22M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$5.09M	USD	1 Quarter
Sales of investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$77.00K	USD	1 Quarter
Sales of investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$81.00K	USD	1 Quarter
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-84.42M	USD	1 Quarter
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-86.11M	USD	1 Quarter
(Decrease) increase in short-term debt, net	`ProceedsFromRepaymentsOfShortTermDebt`	$238.00K	USD	1 Quarter
(Decrease) increase in short-term debt, net	`ProceedsFromRepaymentsOfShortTermDebt`	$-458.00K	USD	1 Quarter
Proceeds from issuances of long-term debt	`ProceedsFromRevolvingLineOfCreditAndLongTermDebt`	$817.60M	USD	1 Quarter
Proceeds from issuances of long-term debt	`ProceedsFromRevolvingLineOfCreditAndLongTermDebt`	$1.72B	USD	1 Quarter
Payments on long-term debt	`PaymentsOnRevolvingLineOfCreditAndLongTermDebt`	$1.81B	USD	1 Quarter
Payments on long-term debt	`PaymentsOnRevolvingLineOfCreditAndLongTermDebt`	$1.02B	USD	1 Quarter
Cash paid for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$3.65M	USD	1 Quarter
Cash paid for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$3.42M	USD	1 Quarter
Payments on finance lease obligations	`RepaymentsOfLongTermFinanceAndCapitalLeaseObligations`	$164.00K	USD	1 Quarter
Payments on finance lease obligations	`RepaymentsOfLongTermFinanceAndCapitalLeaseObligations`	$745.00K	USD	1 Quarter
Issuances of non-recourse notes payable	`ProceedsFromIssuanceOfNonRecourseDebt`	$2.67B	USD	1 Quarter
Issuances of non-recourse notes payable	`ProceedsFromIssuanceOfNonRecourseDebt`	$2.85B	USD	1 Quarter
Payments on non-recourse notes payable	`PaymentsOnNonRecourseDebt`	$2.49B	USD	1 Quarter
Payments on non-recourse notes payable	`PaymentsOnNonRecourseDebt`	$2.34B	USD	1 Quarter
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$211.05M	USD	1 Quarter
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$211.96M	USD	1 Quarter
Equity issuances	`ProceedsFromIssuanceOrSaleOfEquity`	$9.05M	USD	1 Quarter
Equity issuances	`ProceedsFromIssuanceOrSaleOfEquity`	$33.25M	USD	1 Quarter
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$80.88M	USD	1 Quarter
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-80.09M	USD	1 Quarter
Increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$37.97M	USD	1 Quarter
Increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$66.34M	USD	1 Quarter
Cash, cash equivalents, and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$595.38M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$621.24M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$554.90M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$633.35M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$595.38M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$621.24M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$554.90M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$633.35M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$42.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$76.35M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$46.94M	USD	Point-in-time
Restricted cash from collections on auto loan receivables	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$440.67M	USD	Point-in-time
Restricted cash from collections on auto loan receivables	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$431.41M	USD	Point-in-time
Restricted cash from collections on auto loan receivables	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$479.44M	USD	Point-in-time
Restricted cash included in other assets	`RestrictedCashAndCashEquivalentsNoncurrent`	$113.48M	USD	Point-in-time
Restricted cash included in other assets	`RestrictedCashAndCashEquivalentsNoncurrent`	$111.72M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$595.38M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$621.24M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$554.90M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$633.35M	USD	Point-in-time

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
BALANCE, SHARES	`CommonStockSharesOutstanding`	165.40M	shares	Point-in-time
BALANCE, SHARES	`CommonStockSharesOutstanding`	167.48M	shares	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.32B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.36B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.45B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.38B	USD	Point-in-time
Net earnings	`NetIncomeLoss`	$238.66M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$266.74M	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$-13.20M	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$-733.00K	USD	1 Quarter
Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$18.91M	USD	1 Quarter
Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.64M	USD	1 Quarter
Stock Repurchased and Retired During Period, Value	`StockRepurchasedAndRetiredDuringPeriodValue`	$207.40M	USD	1 Quarter
Stock Repurchased and Retired During Period, Value	`StockRepurchasedAndRetiredDuringPeriodValue`	$204.84M	USD	1 Quarter
Stock Issued During Period, Value, Stock Options Exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$9.05M	USD	1 Quarter
Stock Issued During Period, Value, Stock Options Exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$33.25M	USD	1 Quarter
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-5.15M	USD	1 Quarter
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-2.17M	USD	1 Quarter
BALANCE, SHARES	`CommonStockSharesOutstanding`	165.40M	shares	Point-in-time
BALANCE, SHARES	`CommonStockSharesOutstanding`	167.48M	shares	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.32B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.36B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.45B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.38B	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
NET EARNINGS	`NetIncomeLoss`	$238.66M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$266.74M	USD	1 Quarter
Net change in retirement benefit plan unrecognized actuarial losses	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-355.00K	USD	1 Quarter
Net change in retirement benefit plan unrecognized actuarial losses	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-369.00K	USD	1 Quarter
Net change in cash flow hedge unrecognized losses	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-1.10M	USD	1 Quarter
Net change in cash flow hedge unrecognized losses	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-13.55M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-13.20M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-733.00K	USD	1 Quarter
TOTAL COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$237.92M	USD	1 Quarter
TOTAL COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$253.55M	USD	1 Quarter

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