10-K Filing

LANDSTAR SYSTEM INC CIK: 853816 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0001193125-24-044902`
Period End Date	20231231
Filing Date	20240226
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	d16653d10k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 71 Income Statement 57 Cash Flow Statement 98 Stockholders Equity 29 Comprehensive Income 18

Balance Sheet 71 line items

Line Item	Tag	Value	Unit	Period
Allowance on trade accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$12.12M	USD	Point-in-time
Allowance on trade accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$11.74M	USD	Point-in-time
Allowance on other receivables	`AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables`	$14.01M	USD	Point-in-time
Allowance on other receivables	`AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables`	$10.58M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$481.04M	USD	Point-in-time
Accumulated depreciation and amortization on operating property	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$393.27M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$339.58M	USD	Point-in-time
Accumulated depreciation and amortization on operating property	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$436.68M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$35.78M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$53.95M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$59.66M	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
Common stock, authorized shares	`CommonStockSharesAuthorized`	160.00M	shares	Point-in-time
Trade accounts receivable, less allowance of $11,738 and $12,121	`ReceivablesNetCurrent`	$967.79M	USD	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	160.00M	shares	Point-in-time
Trade accounts receivable, less allowance of $11,738 and $12,121	`ReceivablesNetCurrent`	$743.76M	USD	Point-in-time
Other receivables, including advances to independent contractors, less allowance of $14,010 and $10,579	`OtherReceivables`	$43.34M	USD	Point-in-time
Common stock, issued shares	`CommonStockSharesIssued`	68.38M	shares	Point-in-time
Other receivables, including advances to independent contractors, less allowance of $14,010 and $10,579	`OtherReceivables`	$56.23M	USD	Point-in-time
Common stock, issued shares	`CommonStockSharesIssued`	68.50M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockCommonShares`	32.78M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$21.83M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockCommonShares`	32.46M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$24.94M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.35B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.44B	USD	Point-in-time
Operating property, less accumulated depreciation and amortization of $436,682 and $393,274	`PropertyPlantAndEquipmentNet`	$314.99M	USD	Point-in-time
Operating property, less accumulated depreciation and amortization of $436,682 and $393,274	`PropertyPlantAndEquipmentNet`	$284.30M	USD	Point-in-time
Goodwill	`Goodwill`	$40.77M	USD	Point-in-time
Goodwill	`Goodwill`	$41.22M	USD	Point-in-time
Goodwill	`Goodwill`	$42.27M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$122.53M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$136.28M	USD	Point-in-time
Total assets	`Assets`	$1.93B	USD	Point-in-time
Total assets	`Assets`	$2.05B	USD	Point-in-time
Total assets	`Assets`	$1.80B	USD	Point-in-time
Cash overdraft	`BankOverdrafts`	$61.54M	USD	Point-in-time
Cash overdraft	`BankOverdrafts`	$92.95M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$395.98M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$527.37M	USD	Point-in-time
Current maturities of long-term debt	`FinanceLeaseLiabilityCurrent`	$36.17M	USD	Point-in-time
Current maturities of long-term debt	`FinanceLeaseLiabilityCurrent`	$27.88M	USD	Point-in-time
Insurance claims	`SelfInsuranceReserveCurrent`	$50.84M	USD	Point-in-time
Insurance claims	`SelfInsuranceReserveCurrent`	$41.83M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$71.85M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$71.43M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$98.94M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$76.57M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$675.22M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$878.13M	USD	Point-in-time
Long-term debt, excluding current maturities	`FinanceLeaseLiabilityNoncurrent`	$43.26M	USD	Point-in-time
Long-term debt, excluding current maturities	`FinanceLeaseLiabilityNoncurrent`	$67.22M	USD	Point-in-time
Insurance claims	`SelfInsuranceReserveNoncurrent`	$58.92M	USD	Point-in-time
Insurance claims	`SelfInsuranceReserveNoncurrent`	$58.27M	USD	Point-in-time
Deferred income taxes and other noncurrent liabilities	`DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent`	$41.03M	USD	Point-in-time
Deferred income taxes and other noncurrent liabilities	`DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent`	$40.51M	USD	Point-in-time
Common stock, $0.01 par value, authorized 160,000,000 shares, issued 68,497,324 and 68,382,310 shares	`CommonStockValue`	$684.00K	USD	Point-in-time
Common stock, $0.01 par value, authorized 160,000,000 shares, issued 68,497,324 and 68,382,310 shares	`CommonStockValue`	$685.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$258.49M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$254.64M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.78B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.64B	USD	Point-in-time
Cost of 32,780,651 and 32,455,300 shares of common stock in treasury	`TreasuryStockValue`	$2.05B	USD	Point-in-time
Cost of 32,780,651 and 32,455,300 shares of common stock in treasury	`TreasuryStockValue`	$1.99B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.87M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-15.02M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$983.92M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$887.22M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.93B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.80B	USD	Point-in-time

Income Statement 57 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.30B	USD	Annual
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.54B	USD	Annual
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.44B	USD	Annual
Investment income	`InterestIncomeOperating`	$2.86M	USD	Annual
Investment income	`InterestIncomeOperating`	$3.16M	USD	Annual
Investment income	`InterestIncomeOperating`	$10.14M	USD	Annual
Purchased transportation	`PurchasedTransportationCosts`	$5.80B	USD	Annual
Purchased transportation	`PurchasedTransportationCosts`	$4.07B	USD	Annual
Purchased transportation	`PurchasedTransportationCosts`	$5.11B	USD	Annual
Commissions to agents	`SalesCommissionsAndFees`	$614.87M	USD	Annual
Commissions to agents	`SalesCommissionsAndFees`	$507.21M	USD	Annual
Commissions to agents	`SalesCommissionsAndFees`	$462.67M	USD	Annual
Other operating costs, net of gains on asset sales/dispositions	`OtherCostAndExpenseOperating`	$45.19M	USD	Annual
Other operating costs, net of gains on asset sales/dispositions	`OtherCostAndExpenseOperating`	$36.53M	USD	Annual
Other operating costs, net of gains on asset sales/dispositions	`OtherCostAndExpenseOperating`	$54.19M	USD	Annual
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$105.46M	USD	Annual
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$114.24M	USD	Annual
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$125.83M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$211.80M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$221.28M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$221.28M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$58.15M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$57.45M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$49.61M	USD	Annual
Total costs and expenses	`CostsAndExpenses`	$6.03B	USD	Annual
Total costs and expenses	`CostsAndExpenses`	$4.97B	USD	Annual
Total costs and expenses	`CostsAndExpenses`	$6.87B	USD	Annual
Operating income	`OperatingIncomeLoss`	$571.08M	USD	Annual
Operating income	`OperatingIncomeLoss`	$505.67M	USD	Annual
Operating income	`OperatingIncomeLoss`	$344.15M	USD	Annual
Interest and debt (income) expense	`InterestAndDebtIncomeExpense`	$-3.95M	USD	Annual
Interest and debt (income) expense	`InterestAndDebtIncomeExpense`	$3.98M	USD	Annual
Interest and debt (income) expense	`InterestAndDebtIncomeExpense`	$3.62M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$348.10M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$567.46M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$501.69M	USD	Annual
Income taxes	`IncomeTaxExpenseBenefit`	$136.55M	USD	Annual
Income taxes	`IncomeTaxExpenseBenefit`	$120.17M	USD	Annual
Income taxes	`IncomeTaxExpenseBenefit`	$83.70M	USD	Annual
Net income	`ProfitLoss`	$264.39M	USD	Annual
Net income	`ProfitLoss`	$381.52M	USD	Annual
Net income	`ProfitLoss`	$430.91M	USD	Annual
Basic earnings per share	`EarningsPerShareBasic`	$7.36	USD	Annual
Basic earnings per share	`EarningsPerShareBasic`	$11.76	USD	Annual
Basic earnings per share	`EarningsPerShareBasic`	$9.98	USD	Annual
Diluted earnings per share	`EarningsPerShareDiluted`	$7.36	USD	Annual
Diluted earnings per share	`EarningsPerShareDiluted`	$11.76	USD	Annual
Diluted earnings per share	`EarningsPerShareDiluted`	$9.98	USD	Annual
Average basic shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	38.23M	shares	Annual
Average basic shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	35.92M	shares	Annual
Average basic shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	36.63M	shares	Annual
Average diluted shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	36.63M	shares	Annual
Average diluted shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.23M	shares	Annual
Average diluted shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.92M	shares	Annual
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$3.26	USD	Annual
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$3.10	USD	Annual
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$2.92	USD	Annual

Cash Flow Statement 98 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$264.39M	USD	Annual
Net income	`ProfitLoss`	$381.52M	USD	Annual
Net income	`ProfitLoss`	$430.91M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$58.15M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$57.45M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$49.61M	USD	Annual
Non-cash interest charges	`AmortizationOfFinancingCosts`	$355.00K	USD	Annual
Non-cash interest charges	`AmortizationOfFinancingCosts`	$263.00K	USD	Annual
Non-cash interest charges	`AmortizationOfFinancingCosts`	$447.00K	USD	Annual
Provisions for losses on trade and other accounts receivable	`ProvisionForDoubtfulAccounts`	$12.22M	USD	Annual
Provisions for losses on trade and other accounts receivable	`ProvisionForDoubtfulAccounts`	$5.72M	USD	Annual
Provisions for losses on trade and other accounts receivable	`ProvisionForDoubtfulAccounts`	$14.03M	USD	Annual
Gains on sales/disposals of operating property	`GainLossOnSaleOfPropertyPlantEquipment`	$1.83M	USD	Annual
Gains on sales/disposals of operating property	`GainLossOnSaleOfPropertyPlantEquipment`	$4.57M	USD	Annual
Gains on sales/disposals of operating property	`GainLossOnSaleOfPropertyPlantEquipment`	$2.94M	USD	Annual
Deferred income taxes, net	`IncreaseDecreaseInDeferredIncomeTaxes`	$5.36M	USD	Annual
Deferred income taxes, net	`IncreaseDecreaseInDeferredIncomeTaxes`	$3.79M	USD	Annual
Deferred income taxes, net	`IncreaseDecreaseInDeferredIncomeTaxes`	$7.71M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$27.54M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$4.28M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$12.40M	USD	Annual
Decrease (increase) in trade and other accounts receivable	`IncreaseDecreaseInReceivables`	$-219.19M	USD	Annual
Decrease (increase) in trade and other accounts receivable	`IncreaseDecreaseInReceivables`	$-222.90M	USD	Annual
Decrease (increase) in trade and other accounts receivable	`IncreaseDecreaseInReceivables`	$362.23M	USD	Annual
(Increase) decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-4.44M	USD	Annual
(Increase) decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$5.94M	USD	Annual
(Increase) decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$2.54M	USD	Annual
(Decrease) increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-76.76M	USD	Annual
(Decrease) increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$224.12M	USD	Annual
(Decrease) increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-131.39M	USD	Annual
(Decrease) increase in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-15.79M	USD	Annual
(Decrease) increase in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-31.57M	USD	Annual
(Decrease) increase in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$43.42M	USD	Annual
(Decrease) increase in insurance claims	`IncreaseDecreaseInInsuranceLiabilities`	$-8.36M	USD	Annual
(Decrease) increase in insurance claims	`IncreaseDecreaseInInsuranceLiabilities`	$12.70M	USD	Annual
(Decrease) increase in insurance claims	`IncreaseDecreaseInInsuranceLiabilities`	$-92.24M	USD	Annual
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$393.65M	USD	Annual
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$622.66M	USD	Annual
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$276.74M	USD	Annual
Sales and maturities of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$31.94M	USD	Annual
Sales and maturities of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$41.20M	USD	Annual
Sales and maturities of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$112.56M	USD	Annual
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$40.20M	USD	Annual
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$84.99M	USD	Annual
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$101.64M	USD	Annual
Purchases of operating property	`PaymentsToAcquirePropertyPlantAndEquipment`	$25.69M	USD	Annual
Purchases of operating property	`PaymentsToAcquirePropertyPlantAndEquipment`	$23.26M	USD	Annual
Purchases of operating property	`PaymentsToAcquirePropertyPlantAndEquipment`	$26.00M	USD	Annual
Proceeds from sales of operating property	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.97M	USD	Annual
Proceeds from sales of operating property	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$5.24M	USD	Annual
Proceeds from sales of operating property	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$8.29M	USD	Annual
Purchase of non-marketable securities	`PaymentsToAcquireOtherInvestments`	$5.00M	USD	Annual
Purchase of non-marketable securities	`PaymentsToAcquireOtherInvestments`	-	USD	Annual
Purchase of non-marketable securities	`PaymentsToAcquireOtherInvestments`	-	USD	Annual
NET CASH USED BY INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-24.77M	USD	Annual
NET CASH USED BY INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-73.34M	USD	Annual
NET CASH USED BY INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-6.48M	USD	Annual
(Decrease) increase in cash overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$41.73M	USD	Annual
(Decrease) increase in cash overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$-23.52M	USD	Annual
(Decrease) increase in cash overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$-31.41M	USD	Annual
Dividends paid	`PaymentsOfDividends`	$117.13M	USD	Annual
Dividends paid	`PaymentsOfDividends`	$115.67M	USD	Annual
Dividends paid	`PaymentsOfDividends`	$111.96M	USD	Annual
Payment for debt issue costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Payment for debt issue costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Payment for debt issue costs	`PaymentsOfDebtIssuanceCosts`	$1.08M	USD	Annual
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	$68.00K	USD	Annual
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	$28.00K	USD	Annual
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	$160.00K	USD	Annual
Taxes paid in lieu of shares issued related to stock-based compensation plans	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.34M	USD	Annual
Taxes paid in lieu of shares issued related to stock-based compensation plans	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$9.19M	USD	Annual
Taxes paid in lieu of shares issued related to stock-based compensation plans	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$10.43M	USD	Annual
Purchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$285.98M	USD	Annual
Purchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$53.92M	USD	Annual
Purchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$122.72M	USD	Annual
Principal payments on finance lease obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$39.06M	USD	Annual
Principal payments on finance lease obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$37.64M	USD	Annual
Principal payments on finance lease obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$36.35M	USD	Annual
Payment of deferred consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	Annual
Payment of deferred consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$168.00K	USD	Annual
Payment of deferred consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	Annual
NET CASH USED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$-232.95M	USD	Annual
NET CASH USED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$-247.97M	USD	Annual
NET CASH USED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$-475.68M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.26M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-232.00K	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-2.19M	USD	Annual
Increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$141.46M	USD	Annual
Increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$120.01M	USD	Annual
Increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-29.78M	USD	Annual
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$219.57M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$481.04M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$339.58M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$249.35M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$219.57M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$481.04M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$339.58M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$249.35M	USD	Point-in-time

Stockholders Equity 29 line items

Line Item	Tag	Value	Unit	Period
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$3.26	USD	Annual
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$3.10	USD	Annual
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$2.92	USD	Annual
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$862.01M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$983.92M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$691.84M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$887.22M	USD	Point-in-time
Net income	`ProfitLoss`	$264.39M	USD	Annual
Net income	`ProfitLoss`	$381.52M	USD	Annual
Net income	`ProfitLoss`	$430.91M	USD	Annual
Dividends	`DividendsCommonStockCash`	$112.14M	USD	Annual
Dividends	`DividendsCommonStockCash`	$116.71M	USD	Annual
Dividends	`DividendsCommonStockCash`	$110.58M	USD	Annual
Purchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$122.72M	USD	Annual
Purchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$285.98M	USD	Annual
Purchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$54.27M	USD	Annual
Issuance of stock related to stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-10.36M	USD	Annual
Issuance of stock related to stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-2.18M	USD	Annual
Issuance of stock related to stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-9.16M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.28M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.40M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$27.54M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$8.16M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-3.40M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-9.62M	USD	Annual
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$862.01M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$983.92M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$691.84M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$887.22M	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$264.39M	USD	Annual
Net income	`NetIncomeLoss`	$430.91M	USD	Annual
Net income	`NetIncomeLoss`	$381.52M	USD	Annual
Unrealized holding gains (losses) on available-for-sale investments, net of tax expense (benefit)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-2.35M	USD	Annual
Unrealized holding gains (losses) on available-for-sale investments, net of tax expense (benefit)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$942.00K	USD	Annual
Unrealized holding gains (losses) on available-for-sale investments, net of tax expense (benefit)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-739.00K	USD	Annual
Unrealized holding gains (losses) on available-for-sale investments, net of tax expense (benefit) of $942, ($2,345) and ($739)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-8.56M	USD	Annual
Unrealized holding gains (losses) on available-for-sale investments, net of tax expense (benefit) of $942, ($2,345) and ($739)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$3.44M	USD	Annual
Unrealized holding gains (losses) on available-for-sale investments, net of tax expense (benefit) of $942, ($2,345) and ($739)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-2.69M	USD	Annual
Foreign currency translation gains (losses)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.06M	USD	Annual
Foreign currency translation gains (losses)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-709.00K	USD	Annual
Foreign currency translation gains (losses)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.72M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-9.62M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$8.16M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.40M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$421.29M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$378.12M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$272.55M	USD	Annual

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