10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001193125-20-133597 |
| Period End Date | 20200331 |
| Filing Date | 20200505 |
| Fiscal Year | 2020 |
| Fiscal Period | Q1 |
| XBRL Instance | d923322d10q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
59 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.25B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$393.03M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$353.98M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$368.06M | USD | Point-in-time |
| Receivables, net |
ReceivablesNetCurrent
|
$712.20M | USD | Point-in-time |
| Receivables, net |
ReceivablesNetCurrent
|
$744.76M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$624.57M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$654.30M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$154.62M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$263.41M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$2.03B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$2.77B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$548.91M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$534.79M | USD | Point-in-time |
| Right of use assets, net |
OperatingLeaseRightOfUseAsset
|
$168.54M | USD | Point-in-time |
| Right of use assets, net |
OperatingLeaseRightOfUseAsset
|
$179.68M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$4.05B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$4.08B | USD | Point-in-time |
| Other intangibles, net |
IntangibleAssetsNetExcludingGoodwill
|
$2.76B | USD | Point-in-time |
| Other intangibles, net |
IntangibleAssetsNetExcludingGoodwill
|
$2.77B | USD | Point-in-time |
| Investments and other assets |
InvestmentsAndOtherNoncurrentAssets
|
$279.79M | USD | Point-in-time |
| Investments and other assets |
InvestmentsAndOtherNoncurrentAssets
|
$280.29M | USD | Point-in-time |
| Total assets |
Assets
|
$9.84B | USD | Point-in-time |
| Total assets |
Assets
|
$10.60B | USD | Point-in-time |
| Short-term borrowings and current portion of long-term debt, net |
DebtCurrent
|
$497.45M | USD | Point-in-time |
| Short-term borrowings and current portion of long-term debt, net |
DebtCurrent
|
$510.79M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$373.90M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$377.22M | USD | Point-in-time |
| Customer advanced payments |
ContractWithCustomerLiabilityCurrent
|
$174.89M | USD | Point-in-time |
| Customer advanced payments |
ContractWithCustomerLiabilityCurrent
|
$156.82M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$30.29M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$76.63M | USD | Point-in-time |
| Accrued liabilities and other |
AccruedLiabilitiesCurrent
|
$364.08M | USD | Point-in-time |
| Accrued liabilities and other |
AccruedLiabilitiesCurrent
|
$341.46M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$1.48B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$1.43B | USD | Point-in-time |
| Long-term debt, net |
LongTermDebtNoncurrent
|
$2.74B | USD | Point-in-time |
| Long-term debt, net |
LongTermDebtNoncurrent
|
$2.27B | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$553.66M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$536.14M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$502.82M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$495.78M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$5.28B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$4.73B | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$2.66M | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$2.66M | USD | Point-in-time |
| Capital in excess of par value |
AdditionalPaidInCapitalCommonStock
|
$837.75M | USD | Point-in-time |
| Capital in excess of par value |
AdditionalPaidInCapitalCommonStock
|
$832.82M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$6.39B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$6.63B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-575.74M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-533.14M | USD | Point-in-time |
| Treasury stock |
TreasuryStockValue
|
$1.57B | USD | Point-in-time |
| Treasury stock |
TreasuryStockValue
|
$1.57B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$5.33B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$5.12B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$4.46B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$9.84B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$10.60B | USD | Point-in-time |
Income Statement
30 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
RevenueFromContractWithCustomerIncludingAssessedTax
|
$1.29B | USD | 1 Quarter |
| Net sales |
RevenueFromContractWithCustomerIncludingAssessedTax
|
$1.20B | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$824.65M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$851.31M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$153.12M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$145.53M | USD | 1 Quarter |
| Total operating expenses |
CostsAndExpenses
|
$1.00B | USD | 1 Quarter |
| Total operating expenses |
CostsAndExpenses
|
$970.18M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$232.04M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$283.26M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$22.74M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$22.65M | USD | 1 Quarter |
| Other income (expense), net |
OtherNonoperatingIncomeExpense
|
$141.78M | USD | 1 Quarter |
| Other income (expense), net |
OtherNonoperatingIncomeExpense
|
$-3.67M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$256.94M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$351.07M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$52.67M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$70.46M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$204.27M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$280.62M | USD | 1 Quarter |
| Basic earnings per share |
EarningsPerShareBasic
|
$1.23 | USD | 1 Quarter |
| Basic earnings per share |
EarningsPerShareBasic
|
$0.90 | USD | 1 Quarter |
| Diluted earnings per share |
EarningsPerShareDiluted
|
$1.22 | USD | 1 Quarter |
| Diluted earnings per share |
EarningsPerShareDiluted
|
$0.89 | USD | 1 Quarter |
| Basic shares |
WeightedAverageNumberOfSharesOutstandingBasic
|
226.86M | shares | 1 Quarter |
| Basic shares |
WeightedAverageNumberOfSharesOutstandingBasic
|
228.96M | shares | 1 Quarter |
| Diluted shares |
WeightedAverageNumberOfDilutedSharesOutstanding
|
228.69M | shares | 1 Quarter |
| Diluted shares |
WeightedAverageNumberOfDilutedSharesOutstanding
|
230.87M | shares | 1 Quarter |
| Dividends declared and paid per share |
CommonStockDividendsPerShareCashPaid
|
$0.14 | USD | 1 Quarter |
| Dividends declared and paid per share |
CommonStockDividendsPerShareCashPaid
|
$0.18 | USD | 1 Quarter |
Cash Flow Statement
55 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$204.27M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$280.62M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$66.07M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$57.50M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxesAndTaxCredits
|
$12.74M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxesAndTaxCredits
|
$-4.04M | USD | 1 Quarter |
| Share-based compensation expense |
ShareBasedCompensation
|
$7.12M | USD | 1 Quarter |
| Share-based compensation expense |
ShareBasedCompensation
|
$7.85M | USD | 1 Quarter |
| Gain on sale of business |
GainLossOnSaleOfBusiness
|
$141.02M | USD | 1 Quarter |
| Gain on sale of facilities |
GainLossOnSaleOfFacilities
|
$735.00K | USD | 1 Quarter |
| Gain on sale of facilities |
GainLossOnSaleOfFacilities
|
$4.59M | USD | 1 Quarter |
| Net change in assets and liabilities, net of acquisitions |
IncreaseDecreaseInOperatingCapital
|
$84.17M | USD | 1 Quarter |
| Net change in assets and liabilities, net of acquisitions |
IncreaseDecreaseInOperatingCapital
|
$-71.20M | USD | 1 Quarter |
| Pension contributions |
PensionContributions
|
$1.50M | USD | 1 Quarter |
| Pension contributions |
PensionContributions
|
$715.00K | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$-246.00K | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$3.82M | USD | 1 Quarter |
| Total operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$196.26M | USD | 1 Quarter |
| Total operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$270.75M | USD | 1 Quarter |
| Additions to property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$21.42M | USD | 1 Quarter |
| Additions to property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$16.93M | USD | 1 Quarter |
| Purchases of businesses, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$116.61M | USD | 1 Quarter |
| Proceeds from sale of business |
ProceedsFromDivestitureOfBusinesses
|
$245.31M | USD | 1 Quarter |
| Proceeds from sale of facilities |
ProceedsFromSaleOfFacilities
|
$765.00K | USD | 1 Quarter |
| Proceeds from sale of facilities |
ProceedsFromSaleOfFacilities
|
$5.46M | USD | 1 Quarter |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$-2.90M | USD | 1 Quarter |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$1.68M | USD | 1 Quarter |
| Total investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$115.56M | USD | 1 Quarter |
| Total investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-17.75M | USD | 1 Quarter |
| Net change in short-term borrowings |
ProceedsFromRepaymentsOfShortTermDebt
|
$22.25M | USD | 1 Quarter |
| Net change in short-term borrowings |
ProceedsFromRepaymentsOfShortTermDebt
|
$-256.29M | USD | 1 Quarter |
| Proceeds from long-term borrowings |
ProceedsFromIssuanceOfLongTermDebt
|
$100.00M | USD | 1 Quarter |
| Proceeds from long-term borrowings |
ProceedsFromIssuanceOfLongTermDebt
|
$500.00M | USD | 1 Quarter |
| Repurchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
$101.00K | USD | 1 Quarter |
| Repurchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
$137.00K | USD | 1 Quarter |
| Cash dividends paid |
PaymentsOfDividendsCommonStock
|
$41.16M | USD | 1 Quarter |
| Cash dividends paid |
PaymentsOfDividendsCommonStock
|
$31.77M | USD | 1 Quarter |
| Proceeds from stock option exercises |
ProceedsFromStockOptionsExercised
|
$24.93M | USD | 1 Quarter |
| Proceeds from stock option exercises |
ProceedsFromStockOptionsExercised
|
$6.98M | USD | 1 Quarter |
| Other, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-2.60M | USD | 1 Quarter |
| Other, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-1.31M | USD | 1 Quarter |
| Total financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$486.65M | USD | 1 Quarter |
| Total financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-165.87M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-12.61M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$1.45M | USD | 1 Quarter |
| Increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$14.09M | USD | 1 Quarter |
| Increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$860.35M | USD | 1 Quarter |
| Beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.25B | USD | Point-in-time |
| Beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$393.03M | USD | Point-in-time |
| Beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$353.98M | USD | Point-in-time |
| Beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$368.06M | USD | Point-in-time |
| End of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.25B | USD | Point-in-time |
| End of period |
CashAndCashEquivalentsAtCarryingValue
|
$393.03M | USD | Point-in-time |
| End of period |
CashAndCashEquivalentsAtCarryingValue
|
$353.98M | USD | Point-in-time |
| End of period |
CashAndCashEquivalentsAtCarryingValue
|
$368.06M | USD | Point-in-time |
Stockholders Equity
16 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Preferred stock, par value |
PreferredStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Preferred stock, par value |
PreferredStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Tax benefit (expense) from investment hedge instruments |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
|
$9.12M | USD | 1 Quarter |
| Tax benefit (expense) from investment hedge instruments |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
|
$-1.13M | USD | 1 Quarter |
| Tax related to amortization of net actuarial loss (gain) |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
|
$873.00K | USD | 1 Quarter |
| Tax related to amortization of net actuarial loss (gain) |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
|
$531.00K | USD | 1 Quarter |
| Balance at the beginning of the year |
StockholdersEquity
|
$5.33B | USD | Point-in-time |
| Balance at the beginning of the year |
StockholdersEquity
|
$5.12B | USD | Point-in-time |
| Balance at the beginning of the year |
StockholdersEquity
|
$4.46B | USD | Point-in-time |
| Net income |
NetIncomeLoss
|
$204.27M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$280.62M | USD | 1 Quarter |
| Balance at the end of the year |
StockholdersEquity
|
$5.33B | USD | Point-in-time |
| Balance at the end of the year |
StockholdersEquity
|
$5.12B | USD | Point-in-time |
| Balance at the end of the year |
StockholdersEquity
|
$4.46B | USD | Point-in-time |
Comprehensive Income
2 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$238.02M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$215.28M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.