10-Q Filing

CARMAX INC CIK: 1170010 Q1 2024

Filing Information

Form Type	10-Q
Accession Number	`0001170010-23-000065`
Period End Date	20230531
Filing Date	20230626
Fiscal Year	2024
Fiscal Period	Q1
XBRL Instance	kmx-20230531_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 30 Cash Flow Statement 80 Stockholders Equity 36 Comprehensive Income 10

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Financing Receivable, Allowance for Credit Loss	`FinancingReceivableAllowanceForCreditLosses`	$458.20M	USD	Point-in-time
Financing Receivable, Allowance for Credit Loss	`FinancingReceivableAllowanceForCreditLosses`	$507.20M	USD	Point-in-time
Financing Receivable, Allowance for Credit Loss	`FinancingReceivableAllowanceForCreditLosses`	$433.00M	USD	Point-in-time
Financing Receivable, Allowance for Credit Loss	`FinancingReceivableAllowanceForCreditLosses`	$535.41M	USD	Point-in-time
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.67B	USD	Point-in-time
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.61B	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.50	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$95.31M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$314.76M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$264.25M	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
Restricted cash from collections on auto loans receivable	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$531.34M	USD	Point-in-time
Restricted cash from collections on auto loans receivable	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$506.46M	USD	Point-in-time
Restricted cash from collections on auto loans receivable	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$470.89M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$321.99M	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	158.08M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$298.78M	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	158.21M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	158.08M	shares	Point-in-time
Inventory	`InventoryNet`	$3.73B	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	158.21M	shares	Point-in-time
Inventory	`InventoryNet`	$4.08B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$189.74M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$230.79M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$5.04B	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$5.36B	USD	Point-in-time
Auto loans receivable, net of allowance for loan losses of $535,412 and $507,201 as of May 31, 2023 and February 28, 2023, respectively	`NotesReceivableNet`	$16.74B	USD	Point-in-time
Auto loans receivable, net of allowance for loan losses of $535,412 and $507,201 as of May 31, 2023 and February 28, 2023, respectively	`NotesReceivableNet`	$16.34B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $1,672,387 and $1,614,924 as of May 31, 2023 and February 28, 2023, respectively	`PropertyPlantAndEquipmentNet`	$3.43B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $1,672,387 and $1,614,924 as of May 31, 2023 and February 28, 2023, respectively	`PropertyPlantAndEquipmentNet`	$3.50B	USD	Point-in-time
Deferred Income Tax Assets, Net	`DeferredIncomeTaxAssetsNet`	$80.74M	USD	Point-in-time
Deferred Income Tax Assets, Net	`DeferredIncomeTaxAssetsNet`	$99.77M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$541.91M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$545.68M	USD	Point-in-time
Goodwill	`Goodwill`	$141.26M	USD	Point-in-time
Goodwill	`Goodwill`	$141.26M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$600.99M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$571.50M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$26.18B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$26.96B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$967.42M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$826.59M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$528.60M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$478.96M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$49.19M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$55.13M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$53.29M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$12.30M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$111.86M	USD	Point-in-time
Current portion of non-recourse notes payable	`NonRecourseDebtCurrent`	$501.33M	USD	Point-in-time
Current portion of non-recourse notes payable	`NonRecourseDebtCurrent`	$467.61M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$1.94B	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$2.11B	USD	Point-in-time
Long-term debt, excluding current portion	`OtherLongTermDebtNoncurrent`	$1.91B	USD	Point-in-time
Long-term debt, excluding current portion	`OtherLongTermDebtNoncurrent`	$1.91B	USD	Point-in-time
Non-recourse notes payable, excluding current portion	`NonRecourseDebtNonCurrent`	$15.87B	USD	Point-in-time
Non-recourse notes payable, excluding current portion	`NonRecourseDebtNonCurrent`	$16.25B	USD	Point-in-time
Operating lease liabilities, excluding current portion	`OperatingLeaseLiabilityNoncurrent`	$519.18M	USD	Point-in-time
Operating lease liabilities, excluding current portion	`OperatingLeaseLiabilityNoncurrent`	$523.83M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$346.58M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$332.38M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$20.57B	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$21.14B	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; 158,208,623 and 158,079,033 shares issued and outstanding as of May 31, 2023 and February 28, 2023, respectively	`CommonStockValue`	$79.11M	USD	Point-in-time
Common stock, $0.50 par value; 350,000,000 shares authorized; 158,208,623 and 158,079,033 shares issued and outstanding as of May 31, 2023 and February 28, 2023, respectively	`CommonStockValue`	$79.04M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$1.71B	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$1.73B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$61.33M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$97.87M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.95B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.72B	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.40B	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.24B	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.82B	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.61B	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$26.18B	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$26.96B	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
NET SALES AND OPERATING REVENUES	`Revenues`	$7.69B	USD	1 Quarter
NET SALES AND OPERATING REVENUES	`Revenues`	$9.31B	USD	1 Quarter
TOTAL COST OF SALES	`CostOfRevenue`	$8.44B	USD	1 Quarter
TOTAL COST OF SALES	`CostOfRevenue`	$6.87B	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$875.39M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$817.39M	USD	1 Quarter
CARMAX AUTO FINANCE INCOME	`NetIncomeLossFromFinancing`	$204.47M	USD	1 Quarter
CARMAX AUTO FINANCE INCOME	`NetIncomeLossFromFinancing`	$137.36M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$559.84M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$656.74M	USD	1 Quarter
Depreciation, Depletion and Amortization, Nonproduction	`DepreciationAndAmortization`	$58.42M	USD	1 Quarter
Depreciation, Depletion and Amortization, Nonproduction	`DepreciationAndAmortization`	$55.65M	USD	1 Quarter
Interest expense	`InterestExpense`	$28.77M	USD	1 Quarter
Interest expense	`InterestExpense`	$30.47M	USD	1 Quarter
Other (income) expense	`NonoperatingIncomeExpense`	$-2.10M	USD	1 Quarter
Other (income) expense	`NonoperatingIncomeExpense`	$1.21M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$336.60M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$307.24M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$84.34M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$78.94M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$228.30M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$252.26M	USD	1 Quarter
Basic, shares	`WeightedAverageNumberOfSharesOutstandingBasic`	160.30M	shares	1 Quarter
Basic, shares	`WeightedAverageNumberOfSharesOutstandingBasic`	158.12M	shares	1 Quarter
Diluted, shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	158.56M	shares	1 Quarter
Diluted, shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	161.80M	shares	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.57	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.44	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.56	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.44	USD	1 Quarter

Cash Flow Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$228.30M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$252.26M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$70.47M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$63.00M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$22.44M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$36.38M	USD	1 Quarter
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$57.84M	USD	1 Quarter
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$80.89M	USD	1 Quarter
Provision for cancellation reserves	`ProvisionForContractCancellationReserves`	$31.72M	USD	1 Quarter
Provision for cancellation reserves	`ProvisionForContractCancellationReserves`	$24.07M	USD	1 Quarter
Deferred income tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	$-7.13M	USD	1 Quarter
Deferred income tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	$11.56M	USD	1 Quarter
Other	`GainLossOnDispositionOfAssets`	$-5.34M	USD	1 Quarter
Other	`GainLossOnDispositionOfAssets`	$-2.98M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$49.60M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$22.44M	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$-433.48M	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$355.08M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-30.92M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-73.31M	USD	1 Quarter
Auto loans receivable, net	`IncreaseDecreaseInFinanceReceivables`	$440.74M	USD	1 Quarter
Auto loans receivable, net	`IncreaseDecreaseInFinanceReceivables`	$483.96M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-634.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$15.15M	USD	1 Quarter
Accounts payable, accrued expenses and other current liabilities and accrued income taxes	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$239.28M	USD	1 Quarter
Accounts payable, accrued expenses and other current liabilities and accrued income taxes	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$105.44M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-23.13M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-27.43M	USD	1 Quarter
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$530.95M	USD	1 Quarter
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-185.28M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$136.72M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$94.81M	USD	1 Quarter
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	1 Quarter
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.17M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$1.23M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$4.38M	USD	1 Quarter
Sales and returns of investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$150.00K	USD	1 Quarter
Sales and returns of investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$17.00K	USD	1 Quarter
Net Cash Provided by (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-99.04M	USD	1 Quarter
Net Cash Provided by (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-136.76M	USD	1 Quarter
Proceeds from issuances of long-term debt	`ProceedsFromRevolvingLineOfCreditAndLongTermDebt`	$1.04B	USD	1 Quarter
Proceeds from issuances of long-term debt	`ProceedsFromRevolvingLineOfCreditAndLongTermDebt`	$98.60M	USD	1 Quarter
Payments on long-term debt	`PaymentsOnRevolvingLineOfCreditAndLongTermDebt`	$1.63B	USD	1 Quarter
Payments on long-term debt	`PaymentsOnRevolvingLineOfCreditAndLongTermDebt`	$201.38M	USD	1 Quarter
Cash paid for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$3.94M	USD	1 Quarter
Cash paid for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$3.61M	USD	1 Quarter
Payments on finance lease obligations	`RepaymentsOfLongTermFinanceAndCapitalLeaseObligations`	$2.92M	USD	1 Quarter
Payments on finance lease obligations	`RepaymentsOfLongTermFinanceAndCapitalLeaseObligations`	$3.79M	USD	1 Quarter
Issuances of non-recourse notes payable	`ProceedsFromIssuanceOfNonRecourseDebt`	$3.13B	USD	1 Quarter
Issuances of non-recourse notes payable	`ProceedsFromIssuanceOfNonRecourseDebt`	$3.57B	USD	1 Quarter
Payments on non-recourse notes payable	`PaymentsOnNonRecourseDebt`	$3.27B	USD	1 Quarter
Payments on non-recourse notes payable	`PaymentsOnNonRecourseDebt`	$2.71B	USD	1 Quarter
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$162.97M	USD	1 Quarter
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$3.93M	USD	1 Quarter
Equity issuances	`ProceedsFromIssuanceOrSaleOfEquity`	$3.44M	USD	1 Quarter
Equity issuances	`ProceedsFromIssuanceOrSaleOfEquity`	$989.00K	USD	1 Quarter
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$306.60M	USD	1 Quarter
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-454.96M	USD	1 Quarter
Decrease in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-15.45M	USD	1 Quarter
Decrease in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-23.04M	USD	1 Quarter
Cash, cash equivalents, and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$951.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$935.55M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$803.62M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$780.58M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$951.00M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$935.55M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$803.62M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$780.58M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$95.31M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$314.76M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$264.25M	USD	Point-in-time
Restricted cash from collections on auto loans receivable	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$531.34M	USD	Point-in-time
Restricted cash from collections on auto loans receivable	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$506.46M	USD	Point-in-time
Restricted cash from collections on auto loans receivable	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$470.89M	USD	Point-in-time
Restricted cash included in other assets	`RestrictedCashAndCashEquivalentsNoncurrent`	$164.84M	USD	Point-in-time
Restricted cash included in other assets	`RestrictedCashAndCashEquivalentsNoncurrent`	$153.92M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$951.00M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$935.55M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$803.62M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$780.58M	USD	Point-in-time

Stockholders Equity 36 line items

Line Item	Tag	Value	Unit	Period
BALANCE, SHARES	`CommonStockSharesOutstanding`	158.08M	shares	Point-in-time
BALANCE, SHARES	`CommonStockSharesOutstanding`	158.21M	shares	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.40B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.24B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.82B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.61B	USD	Point-in-time
Net earnings	`NetIncomeLoss`	$228.30M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$252.26M	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$-36.54M	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$52.31M	USD	1 Quarter
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$21.59M	USD	1 Quarter
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$21.27M	USD	1 Quarter
Stock Repurchased and Retired During Period, Value	`StockRepurchasedAndRetiredDuringPeriodValue`	$157.59M	USD	1 Quarter
Stock Issued During Period, Value, Stock Options Exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.44M	USD	1 Quarter
Stock Issued During Period, Value, Stock Options Exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$988.00K	USD	1 Quarter
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-6.82M	USD	1 Quarter
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-3.93M	USD	1 Quarter
BALANCE, SHARES	`CommonStockSharesOutstanding`	158.08M	shares	Point-in-time
BALANCE, SHARES	`CommonStockSharesOutstanding`	158.21M	shares	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.40B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.24B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.82B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.61B	USD	Point-in-time
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount	`EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized`	$109.60M	USD	Point-in-time
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate	`ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate`	0.00	pure	1 Quarter
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate	`ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate`	0.00	pure	1 Quarter
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate, Minimum	`ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum`	0.44	pure	1 Quarter
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate, Minimum	`ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum`	0.39	pure	1 Quarter
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate, Maximum	`ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum`	0.45	pure	1 Quarter
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate, Maximum	`ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum`	0.45	pure	1 Quarter
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Weighted Average Volatility Rate	`ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate`	0.39	pure	1 Quarter
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Weighted Average Volatility Rate	`ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate`	0.45	pure	1 Quarter
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate, Minimum	`ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum`	0.04	pure	1 Quarter
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate, Minimum	`ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum`	0.00	pure	1 Quarter
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate, Maximum	`ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum`	0.03	pure	1 Quarter
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate, Maximum	`ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum`	0.05	pure	1 Quarter

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
NET EARNINGS	`NetIncomeLoss`	$228.30M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$252.26M	USD	1 Quarter
Net change in retirement benefit plan unrecognized actuarial losses	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-481.00K	USD	1 Quarter
Net change in retirement benefit plan unrecognized actuarial losses	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-98.00K	USD	1 Quarter
Net change in cash flow hedge unrecognized gains	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$51.83M	USD	1 Quarter
Net change in cash flow hedge unrecognized gains	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-36.64M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-36.54M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$52.31M	USD	1 Quarter
TOTAL COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$304.58M	USD	1 Quarter
TOTAL COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$191.76M	USD	1 Quarter

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