10-K Filing

AVERY DENNISON CORP CIK: 8818 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001193125-22-049910`
Period End Date	20211231
Filing Date	20220223
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	d179463d10k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 45 Cash Flow Statement 104 Stockholders Equity 35 Comprehensive Income 24

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Trade accounts receivable, allowances (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$33.00M	USD	Point-in-time
Trade accounts receivable, allowances (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$44.60M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$252.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$253.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$232.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$162.70M	USD	Point-in-time
Trade accounts receivable, less allowances of $33 and $44.6 at year-end 2021 and 2020, respectively	`AccountsReceivableNetCurrent`	$1.24B	USD	Point-in-time
Common stock, issued shares	`CommonStockSharesIssued`	124.13M	shares	Point-in-time
Trade accounts receivable, less allowances of $33 and $44.6 at year-end 2021 and 2020, respectively	`AccountsReceivableNetCurrent`	$1.42B	USD	Point-in-time
Common stock, issued shares	`CommonStockSharesIssued`	124.13M	shares	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	83.15M	shares	Point-in-time
Inventories	`InventoryNet`	$907.20M	USD	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	82.61M	shares	Point-in-time
Inventories	`InventoryNet`	$717.20M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockCommonShares`	41.52M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$240.20M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$211.50M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockCommonShares`	40.98M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.42B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.73B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.34B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.48B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.21B	USD	Point-in-time
Goodwill	`Goodwill`	$930.80M	USD	Point-in-time
Goodwill	`Goodwill`	$1.88B	USD	Point-in-time
Goodwill	`Goodwill`	$1.14B	USD	Point-in-time
Other intangibles resulting from business acquisitions, net	`IntangibleAssetsNetExcludingGoodwill`	$224.90M	USD	Point-in-time
Other intangibles resulting from business acquisitions, net	`IntangibleAssetsNetExcludingGoodwill`	$911.40M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$130.20M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$197.70M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$765.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$836.20M	USD	Point-in-time
Total assets	`Assets`	$6.08B	USD	Point-in-time
Total assets	`Assets`	$7.97B	USD	Point-in-time
Short-term borrowings and current portion of long-term debt and finance leases	`DebtCurrent`	$64.70M	USD	Point-in-time
Short-term borrowings and current portion of long-term debt and finance leases	`DebtCurrent`	$318.80M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.05B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.30B	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$299.00M	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$239.00M	USD	Point-in-time
Accrued trade rebates	`AccruedTradeRebates`	$140.20M	USD	Point-in-time
Accrued trade rebates	`AccruedTradeRebates`	$176.30M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$74.90M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$86.30M	USD	Point-in-time
Other current liabilities	`OtherAccruedLiabilitiesCurrent`	$380.10M	USD	Point-in-time
Other current liabilities	`OtherAccruedLiabilitiesCurrent`	$344.90M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.93B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.55B	USD	Point-in-time
Long-term debt and finance leases	`LongTermDebtAndCapitalLeaseObligations`	$2.79B	USD	Point-in-time
Long-term debt and finance leases	`LongTermDebtAndCapitalLeaseObligations`	$2.05B	USD	Point-in-time
Long-term retirement benefits and other liabilities	`LongTermRetirementBenefitsAndOtherLiabilities`	$474.90M	USD	Point-in-time
Long-term retirement benefits and other liabilities	`LongTermRetirementBenefitsAndOtherLiabilities`	$503.60M	USD	Point-in-time
Deferred tax liabilities and income taxes payable	`DeferredAndPayableIncomeTaxes`	$117.30M	USD	Point-in-time
Deferred tax liabilities and income taxes payable	`DeferredAndPayableIncomeTaxes`	$238.50M	USD	Point-in-time
Commitments and contingencies (see Notes 7 and 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see Notes 7 and 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $1 par value per share, authorized 400,000,000 shares at year-end 2021 and 2020; issued 124,126,624 shares at year-end 2021 and 2020; outstanding 82,605,953 and 83,151,174 shares at year-end 2021 and 2020, respectively	`CommonStockValue`	$124.10M	USD	Point-in-time
Common stock, $1 par value per share, authorized 400,000,000 shares at year-end 2021 and 2020; issued 124,126,624 shares at year-end 2021 and 2020; outstanding 82,605,953 and 83,151,174 shares at year-end 2021 and 2020, respectively	`CommonStockValue`	$124.10M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$862.30M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$862.10M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.88B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.35B	USD	Point-in-time
Treasury stock at cost, 41,520,671 and 40,975,450 shares at year-end 2021 and 2020, respectively	`TreasuryStockCommonValue`	$2.50B	USD	Point-in-time
Treasury stock at cost, 41,520,671 and 40,975,450 shares at year-end 2021 and 2020, respectively	`TreasuryStockCommonValue`	$2.66B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-282.90M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-349.60M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$955.10M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.92B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.48B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.20B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$7.97B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$6.08B	USD	Point-in-time

Income Statement 45 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.07B	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$8.41B	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.97B	USD	Annual
Cost of products sold	`CostOfGoodsAndServicesSold`	$5.05B	USD	Annual
Cost of products sold	`CostOfGoodsAndServicesSold`	$5.17B	USD	Annual
Cost of products sold	`CostOfGoodsAndServicesSold`	$6.10B	USD	Annual
Gross profit	`GrossProfit`	$2.31B	USD	Annual
Gross profit	`GrossProfit`	$1.90B	USD	Annual
Gross profit	`GrossProfit`	$1.92B	USD	Annual
Marketing, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$1.25B	USD	Annual
Marketing, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$1.08B	USD	Annual
Marketing, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$1.06B	USD	Annual
Other expense (income), net	`OtherExpenseIncomeNet`	$5.60M	USD	Annual
Other expense (income), net	`OtherExpenseIncomeNet`	$53.60M	USD	Annual
Other expense (income), net	`OtherExpenseIncomeNet`	$53.20M	USD	Annual
Interest expense	`InterestExpense`	$75.80M	USD	Annual
Interest expense	`InterestExpense`	$70.00M	USD	Annual
Interest expense	`InterestExpense`	$70.20M	USD	Annual
Other non-operating expense (income), net	`OtherNonoperatingIncomeExpense`	$4.10M	USD	Annual
Other non-operating expense (income), net	`OtherNonoperatingIncomeExpense`	$-445.20M	USD	Annual
Other non-operating expense (income), net	`OtherNonoperatingIncomeExpense`	$-1.90M	USD	Annual
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$737.30M	USD	Annual
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$992.60M	USD	Annual
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$249.50M	USD	Annual
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$177.70M	USD	Annual
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-56.70M	USD	Annual
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$248.60M	USD	Annual
Equity method investment (losses) gains	`IncomeLossFromEquityMethodInvestments`	$-3.90M	USD	Annual
Equity method investment (losses) gains	`IncomeLossFromEquityMethodInvestments`	$-2.60M	USD	Annual
Equity method investment (losses) gains	`IncomeLossFromEquityMethodInvestments`	$-3.70M	USD	Annual
Net income	`NetIncomeLoss`	$303.60M	USD	Annual
Net income	`NetIncomeLoss`	$555.90M	USD	Annual
Net income	`NetIncomeLoss`	$740.10M	USD	Annual
Net income per common share (in dollars per share)	`EarningsPerShareBasic`	$6.67	USD	Annual
Net income per common share (in dollars per share)	`EarningsPerShareBasic`	$3.61	USD	Annual
Net income per common share (in dollars per share)	`EarningsPerShareBasic`	$8.93	USD	Annual
Net income per common share, assuming dilution (in dollars per share)	`EarningsPerShareDiluted`	$6.61	USD	Annual
Net income per common share, assuming dilution (in dollars per share)	`EarningsPerShareDiluted`	$3.57	USD	Annual
Net income per common share, assuming dilution (in dollars per share)	`EarningsPerShareDiluted`	$8.83	USD	Annual
Common shares (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	82.90M	shares	Annual
Common shares (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	83.40M	shares	Annual
Common shares (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	84.00M	shares	Annual
Common shares, assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	83.80M	shares	Annual
Common shares, assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	85.00M	shares	Annual
Common shares, assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	84.10M	shares	Annual

Cash Flow Statement 104 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$740.10M	USD	Annual
Net income	`ProfitLoss`	$303.60M	USD	Annual
Net income	`ProfitLoss`	$555.90M	USD	Annual
Depreciation	`Depreciation`	$154.20M	USD	Annual
Depreciation	`Depreciation`	$167.30M	USD	Annual
Depreciation	`Depreciation`	$140.30M	USD	Annual
Amortization	`AdjustmentForAmortization`	$76.80M	USD	Annual
Amortization	`AdjustmentForAmortization`	$51.10M	USD	Annual
Amortization	`AdjustmentForAmortization`	$38.70M	USD	Annual
Provision for credit losses and sales returns	`ProvisionForDoubtfulAccounts`	$64.00M	USD	Annual
Provision for credit losses and sales returns	`ProvisionForDoubtfulAccounts`	$58.70M	USD	Annual
Provision for credit losses and sales returns	`ProvisionForDoubtfulAccounts`	$35.70M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$34.50M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$37.20M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$24.00M	USD	Annual
Pension plan settlements and related charges	`DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1`	$-500.00K	USD	Annual
Pension plan settlements and related charges	`DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1`	$-1.60M	USD	Annual
Pension plan settlements and related charges	`DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1`	$-444.10M	USD	Annual
Deferred taxes and other non-cash taxes	`NoncashIncomeTaxes`	$-216.90M	USD	Annual
Deferred taxes and other non-cash taxes	`NoncashIncomeTaxes`	$2.60M	USD	Annual
Deferred taxes and other non-cash taxes	`NoncashIncomeTaxes`	$9.30M	USD	Annual
Other non-cash expense and loss (income and gain), net	`OtherNoncashIncomeExpense`	$-44.90M	USD	Annual
Other non-cash expense and loss (income and gain), net	`OtherNoncashIncomeExpense`	$-10.10M	USD	Annual
Other non-cash expense and loss (income and gain), net	`OtherNoncashIncomeExpense`	$-28.30M	USD	Annual
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-14.70M	USD	Annual
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$113.20M	USD	Annual
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$42.20M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$6.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$182.70M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$18.10M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-68.20M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$255.20M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$46.40M	USD	Annual
Taxes on income	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-35.20M	USD	Annual
Taxes on income	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$5.40M	USD	Annual
Taxes on income	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-7.30M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-18.20M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-38.40M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-4.10M	USD	Annual
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$19.30M	USD	Annual
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-114.70M	USD	Annual
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-76.10M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$746.50M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$751.30M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.05B	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$255.00M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$201.40M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$219.40M	USD	Annual
Purchases of software and other deferred charges	`PurchaseOfSoftwareAndOtherDeferredCharges`	$37.80M	USD	Annual
Purchases of software and other deferred charges	`PurchaseOfSoftwareAndOtherDeferredCharges`	$17.20M	USD	Annual
Purchases of software and other deferred charges	`PurchaseOfSoftwareAndOtherDeferredCharges`	$17.10M	USD	Annual
Proceeds from sales of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$9.20M	USD	Annual
Proceeds from sales of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$7.80M	USD	Annual
Proceeds from sales of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.10M	USD	Annual
Proceeds from insurance and sales (purchases) of investments, net	`PaymentsForProceedsFromInvestments`	$-3.10M	USD	Annual
Proceeds from insurance and sales (purchases) of investments, net	`PaymentsForProceedsFromInvestments`	$-4.90M	USD	Annual
Proceeds from insurance and sales (purchases) of investments, net	`PaymentsForProceedsFromInvestments`	$-5.60M	USD	Annual
Proceeds from sale of product line	`ProceedsFromDivestitureOfBusinesses`	$7.60M	USD	Annual
Proceeds from sale of product line	`ProceedsFromDivestitureOfBusinesses`	-	USD	Annual
Proceeds from sale of product line	`ProceedsFromDivestitureOfBusinesses`	-	USD	Annual
Payments for acquisitions, net of cash acquired, and investments in businesses	`PaymentsToAcquireBusinessNetOfCashAcquiredAndBusinessInvestments`	$6.50M	USD	Annual
Payments for acquisitions, net of cash acquired, and investments in businesses	`PaymentsToAcquireBusinessNetOfCashAcquiredAndBusinessInvestments`	$1.48B	USD	Annual
Payments for acquisitions, net of cash acquired, and investments in businesses	`PaymentsToAcquireBusinessNetOfCashAcquiredAndBusinessInvestments`	$350.40M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-251.00M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.74B	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-554.20M	USD	Annual
Net increase (decrease) in borrowings with maturities of three months or less	`ProceedsFromRepaymentsOfShortTermDebt`	$-110.40M	USD	Annual
Net increase (decrease) in borrowings with maturities of three months or less	`ProceedsFromRepaymentsOfShortTermDebt`	$-5.30M	USD	Annual
Net increase (decrease) in borrowings with maturities of three months or less	`ProceedsFromRepaymentsOfShortTermDebt`	$259.20M	USD	Annual
Additional borrowings under revolving credit facility	`ProceedsFromRevolvingLinesOfCredit`	$500.00M	USD	Annual
Repayments of borrowings under revolving credit facility	`RepaymentsOfRevolvingCreditFacility`	$500.00M	USD	Annual
Additional long-term borrowings	`ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet`	$791.70M	USD	Annual
Additional long-term borrowings	`ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet`	$493.70M	USD	Annual
Repayments of long-term debt and finance leases	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$270.20M	USD	Annual
Repayments of long-term debt and finance leases	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$18.60M	USD	Annual
Repayments of long-term debt and finance leases	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$13.40M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$196.80M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$220.60M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$189.70M	USD	Annual
Share repurchases	`PaymentsForRepurchaseOfCommonStock`	$104.30M	USD	Annual
Share repurchases	`PaymentsForRepurchaseOfCommonStock`	$180.90M	USD	Annual
Share repurchases	`PaymentsForRepurchaseOfCommonStock`	$237.70M	USD	Annual
Net (tax withholding) proceeds related to stock-based compensation	`ProceedsTaxWithholdingRelatedToStockBasedCompensation`	$-19.70M	USD	Annual
Net (tax withholding) proceeds related to stock-based compensation	`ProceedsTaxWithholdingRelatedToStockBasedCompensation`	$-17.40M	USD	Annual
Net (tax withholding) proceeds related to stock-based compensation	`ProceedsTaxWithholdingRelatedToStockBasedCompensation`	$-25.40M	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-6.30M	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.60M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-470.30M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$604.30M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-207.70M	USD	Annual
Effect of foreign currency translation on cash balances	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.20M	USD	Annual
Effect of foreign currency translation on cash balances	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.80M	USD	Annual
Effect of foreign currency translation on cash balances	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-3.50M	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.40M	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-89.60M	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$21.70M	USD	Annual
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$252.30M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$253.70M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$232.00M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$162.70M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$252.30M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$253.70M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$232.00M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$162.70M	USD	Point-in-time

Stockholders Equity 35 line items

Line Item	Tag	Value	Unit	Period
Stock issued under stock-based compensation plans (in shares)	`StockIssuedDuringPeriodSharesShareBasedCompensation`	257,189.00	shares	Annual
Stock issued under stock-based compensation plans (in shares)	`StockIssuedDuringPeriodSharesShareBasedCompensation`	389,102.00	shares	Annual
Stock issued under stock-based compensation plans (in shares)	`StockIssuedDuringPeriodSharesShareBasedCompensation`	665,380.00	shares	Annual
Stock issued under 401(k) Plan (in shares)	`StockIssuedDuringPeriodSharesEmployeeBenefitPlan`	123,015.00	shares	Annual
Stock issued under 401(k) Plan (in shares)	`StockIssuedDuringPeriodSharesEmployeeBenefitPlan`	188,229.00	shares	Annual
Stock issued under 401(k) Plan (in shares)	`StockIssuedDuringPeriodSharesEmployeeBenefitPlan`	200,742.00	shares	Annual
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$2.26	USD	Annual
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$2.66	USD	Annual
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$2.36	USD	Annual
Beginning balance	`StockholdersEquity`	$955.10M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.92B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.48B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.20B	USD	Point-in-time
Net income	`NetIncomeLoss`	$303.60M	USD	Annual
Net income	`NetIncomeLoss`	$555.90M	USD	Annual
Net income	`NetIncomeLoss`	$740.10M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$66.70M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$333.90M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.50M	USD	Annual
Repurchase of 925,425, 792,997 and 2,222,937 shares for treasury for the years ended 2021, 2020 and 2019, respectively	`TreasuryStockValueAcquiredCostMethod`	$180.90M	USD	Annual
Repurchase of 925,425, 792,997 and 2,222,937 shares for treasury for the years ended 2021, 2020 and 2019, respectively	`TreasuryStockValueAcquiredCostMethod`	$104.30M	USD	Annual
Repurchase of 925,425, 792,997 and 2,222,937 shares for treasury for the years ended 2021, 2020 and 2019, respectively	`TreasuryStockValueAcquiredCostMethod`	$237.70M	USD	Annual
Issuance of 257,189, 389,102 and 665,380 shares under stock-based compensation plans for the years ended 2021, 2020 and 2019, respectively	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.90M	USD	Annual
Issuance of 257,189, 389,102 and 665,380 shares under stock-based compensation plans for the years ended 2021, 2020 and 2019, respectively	`StockIssuedDuringPeriodValueShareBasedCompensation`	$9.60M	USD	Annual
Issuance of 257,189, 389,102 and 665,380 shares under stock-based compensation plans for the years ended 2021, 2020 and 2019, respectively	`StockIssuedDuringPeriodValueShareBasedCompensation`	$16.40M	USD	Annual
Contribution of 123,015, 188,229 and 200,742 shares to 401(k) Plan for the years ended 2021, 2020 and 2019, respectively	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$22.40M	USD	Annual
Contribution of 123,015, 188,229 and 200,742 shares to 401(k) Plan for the years ended 2021, 2020 and 2019, respectively	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$24.60M	USD	Annual
Contribution of 123,015, 188,229 and 200,742 shares to 401(k) Plan for the years ended 2021, 2020 and 2019, respectively	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$22.70M	USD	Annual
Dividends of $2.66, $2.36 and $2.26 per share for the years ended 2021, 2020 and 2019, respectively	`DividendsCommonStockCash`	$220.60M	USD	Annual
Dividends of $2.66, $2.36 and $2.26 per share for the years ended 2021, 2020 and 2019, respectively	`DividendsCommonStockCash`	$189.70M	USD	Annual
Dividends of $2.66, $2.36 and $2.26 per share for the years ended 2021, 2020 and 2019, respectively	`DividendsCommonStockCash`	$196.80M	USD	Annual
Ending balance	`StockholdersEquity`	$955.10M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.92B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.48B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.20B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$303.60M	USD	Annual
Net income	`NetIncomeLoss`	$555.90M	USD	Annual
Net income	`NetIncomeLoss`	$740.10M	USD	Annual
Translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$30.70M	USD	Annual
Translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-3.00M	USD	Annual
Translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$2.30M	USD	Annual
Net gain recognized from actuarial gain/loss and prior service cost/credit	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-6.20M	USD	Annual
Net gain recognized from actuarial gain/loss and prior service cost/credit	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-27.90M	USD	Annual
Net gain recognized from actuarial gain/loss and prior service cost/credit	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-66.40M	USD	Annual
Reclassifications to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$2.90M	USD	Annual
Reclassifications to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$266.10M	USD	Annual
Reclassifications to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$4.40M	USD	Annual
Gains (losses) recognized on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-7.50M	USD	Annual
Gains (losses) recognized on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$5.40M	USD	Annual
Gains (losses) recognized on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$500.00K	USD	Annual
Reclassifications to net income	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$1.40M	USD	Annual
Reclassifications to net income	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$100.00K	USD	Annual
Reclassifications to net income	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$1.70M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$66.70M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$333.90M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.50M	USD	Annual
Total comprehensive income, net of tax	`ComprehensiveIncomeNetOfTax`	$637.50M	USD	Annual
Total comprehensive income, net of tax	`ComprehensiveIncomeNetOfTax`	$554.40M	USD	Annual
Total comprehensive income, net of tax	`ComprehensiveIncomeNetOfTax`	$806.80M	USD	Annual

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