10-Q Filing

GARMIN LTD CIK: 1121788 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001213900-19-014087`
Period End Date	20190630
Filing Date	20190731
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	grmn-20190629_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 92 Income Statement 76 Cash Flow Statement 74 Stockholders Equity 50 Comprehensive Income 16

Balance Sheet 92 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.20B	USD	Point-in-time
Common shares, par value (in swiss francs per share)	`CommonStockParOrStatedValuePerShare`	0.10	CHF	Point-in-time
Common shares, par value (in swiss francs per share)	`CommonStockParOrStatedValuePerShare`	0.10	CHF	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$820.18M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesCurrent`	$239.76M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesCurrent`	$182.99M	USD	Point-in-time
Common shares, authorized	`CommonStockSharesAuthorized`	198.08M	shares	Point-in-time
Common shares, authorized	`CommonStockSharesAuthorized`	198.08M	shares	Point-in-time
Common shares, issued	`CommonStockSharesIssued`	198.08M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$569.83M	USD	Point-in-time
Common shares, issued	`CommonStockSharesIssued`	198.08M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$583.91M	USD	Point-in-time
Inventories	`InventoryNet`	$648.14M	USD	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	190.10M	shares	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	189.46M	shares	Point-in-time
Inventories	`InventoryNet`	$561.84M	USD	Point-in-time
Deferred costs	`DeferredCostsCurrent`	$28.46M	USD	Point-in-time
Deferred costs	`DeferredCostsCurrent`	$27.04M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$141.54M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$120.51M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.46B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.67B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$702.11M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$663.53M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$637.25M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$59.17M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$73.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$73.00K	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesNoncurrent`	$1.32B	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesNoncurrent`	$1.33B	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$162.74M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$176.96M	USD	Point-in-time
Noncurrent deferred costs	`DeferredCosts`	$29.47M	USD	Point-in-time
Noncurrent deferred costs	`DeferredCosts`	$27.02M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$653.01M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$417.08M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$141.06M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$100.25M	USD	Point-in-time
Total assets	`Assets`	$5.52B	USD	Point-in-time
Total assets	`Assets`	$5.38B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$204.99M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$214.76M	USD	Point-in-time
Salaries and benefits payable	`EmployeeRelatedLiabilitiesCurrent`	$113.09M	USD	Point-in-time
Salaries and benefits payable	`EmployeeRelatedLiabilitiesCurrent`	$106.33M	USD	Point-in-time
Accrued warranty costs	`ProductWarrantyAccrualClassifiedCurrent`	$38.28M	USD	Point-in-time
Accrued warranty costs	`ProductWarrantyAccrualClassifiedCurrent`	$39.33M	USD	Point-in-time
Accrued sales program costs	`AccruedMarketingCostsCurrent`	$90.39M	USD	Point-in-time
Accrued sales program costs	`AccruedMarketingCostsCurrent`	$74.30M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$96.37M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$94.98M	USD	Point-in-time
Accrued royalty costs	`AccruedRoyaltiesCurrent`	$14.58M	USD	Point-in-time
Accrued royalty costs	`AccruedRoyaltiesCurrent`	$24.65M	USD	Point-in-time
Accrued advertising expense	`AccruedAdvertisingCurrent`	$31.66M	USD	Point-in-time
Accrued advertising expense	`AccruedAdvertisingCurrent`	$28.44M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$90.44M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$69.78M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$39.88M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$51.64M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrent`	$324.65M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrent`	$200.48M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.03B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$921.31M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$92.94M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$105.86M	USD	Point-in-time
Noncurrent income taxes	`AccruedIncomeTaxesNoncurrent`	$122.00M	USD	Point-in-time
Noncurrent income taxes	`AccruedIncomeTaxesNoncurrent`	$127.21M	USD	Point-in-time
Noncurrent deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$76.57M	USD	Point-in-time
Noncurrent deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$71.70M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$46.28M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$273.00K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.85M	USD	Point-in-time
Shares, CHF 0.10 par value, 198,077 shares authorized and issued; 190,102 shares outstanding at June 29, 2019; and 189,461 shares outstanding at December 29, 2018;	`CommonStockValue`	$17.98M	USD	Point-in-time
Shares, CHF 0.10 par value, 198,077 shares authorized and issued; 190,102 shares outstanding at June 29, 2019; and 189,461 shares outstanding at December 29, 2018;	`CommonStockValue`	$17.98M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.82B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.83B	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$368.20M	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$397.69M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.71B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.64B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$18.34M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$8.43M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$34.68M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.32B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.00B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.16B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.85B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.76B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.15B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$5.38B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$5.52B	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$954.84M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.72B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.61B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$894.45M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$655.52M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$371.18M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$693.83M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$379.48M	USD	1 Quarter
Gross profit	`GrossProfit`	$575.37M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.03B	USD	2 Qtrs
Gross profit	`GrossProfit`	$523.27M	USD	1 Quarter
Gross profit	`GrossProfit`	$949.80M	USD	2 Qtrs
Advertising expense	`AdvertisingExpense`	$68.86M	USD	2 Qtrs
Advertising expense	`AdvertisingExpense`	$43.55M	USD	1 Quarter
Advertising expense	`AdvertisingExpense`	$69.14M	USD	2 Qtrs
Advertising expense	`AdvertisingExpense`	$41.52M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$237.56M	USD	2 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$128.74M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$120.50M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$255.52M	USD	2 Qtrs
Research and development expense	`ResearchAndDevelopmentExpense`	$148.88M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$294.80M	USD	2 Qtrs
Research and development expense	`ResearchAndDevelopmentExpense`	$283.67M	USD	2 Qtrs
Research and development expense	`ResearchAndDevelopmentExpense`	$141.71M	USD	1 Quarter
Total operating expense	`OperatingExpenses`	$619.46M	USD	2 Qtrs
Total operating expense	`OperatingExpenses`	$590.10M	USD	2 Qtrs
Total operating expense	`OperatingExpenses`	$305.76M	USD	1 Quarter
Total operating expense	`OperatingExpenses`	$319.14M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$256.22M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$217.51M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$359.71M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$407.60M	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$13.73M	USD	1 Quarter
Interest income	`InterestIncomeOther`	$27.44M	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$21.22M	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$10.99M	USD	1 Quarter
Foreign currency gains	`ForeignCurrencyTransactionGainLossBeforeTax`	$3.46M	USD	2 Qtrs
Foreign currency gains	`ForeignCurrencyTransactionGainLossBeforeTax`	$3.41M	USD	1 Quarter
Foreign currency gains	`ForeignCurrencyTransactionGainLossBeforeTax`	$3.73M	USD	2 Qtrs
Foreign currency gains	`ForeignCurrencyTransactionGainLossBeforeTax`	$2.65M	USD	1 Quarter
Other income	`OtherOperatingIncome`	$5.65M	USD	2 Qtrs
Other income	`OtherOperatingIncome`	$3.27M	USD	2 Qtrs
Other income	`OtherOperatingIncome`	$2.41M	USD	1 Quarter
Other income	`OtherOperatingIncome`	$4.92M	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$19.56M	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$30.34M	USD	2 Qtrs
Total other income	`NonoperatingIncomeExpense`	$18.56M	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$34.44M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$442.04M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$275.78M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$236.07M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$390.05M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$78.21M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$70.33M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$45.73M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$52.12M	USD	1 Quarter
Net income	`NetIncomeLoss`	$190.34M	USD	1 Quarter
Net income	`NetIncomeLoss`	$319.71M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$223.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$363.83M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.92	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.18	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.01	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.70	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.69	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.00	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.17	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.91	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	188.43M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	188.54M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	189.73M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	189.85M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	189.46M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	189.38M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	190.66M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	190.71M	shares	1 Quarter

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$190.34M	USD	1 Quarter
Net income	`NetIncomeLoss`	$319.71M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$223.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$363.83M	USD	2 Qtrs
Depreciation	`Depreciation`	$34.53M	USD	2 Qtrs
Depreciation	`Depreciation`	$31.80M	USD	2 Qtrs
Amortization	`AdjustmentForAmortization`	$16.42M	USD	2 Qtrs
Amortization	`AdjustmentForAmortization`	$16.21M	USD	2 Qtrs
Loss (gain) on sale or disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$1.04M	USD	2 Qtrs
Loss (gain) on sale or disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-94.00K	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$616.00K	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$660.00K	USD	2 Qtrs
Provision for obsolete and slow moving inventories	`InventoryWriteDown`	$17.84M	USD	2 Qtrs
Provision for obsolete and slow moving inventories	`InventoryWriteDown`	$11.72M	USD	2 Qtrs
Unrealized foreign currency (gain) loss	`ForeignCurrencyTransactionGainLossUnrealized`	$-2.40M	USD	2 Qtrs
Unrealized foreign currency (gain) loss	`ForeignCurrencyTransactionGainLossUnrealized`	$6.81M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$11.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$7.08M	USD	2 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$27.75M	USD	2 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$30.96M	USD	2 Qtrs
Realized (gains) losses on marketable securities	`GainLossOnSaleOfInvestments`	$60.00K	USD	2 Qtrs
Realized (gains) losses on marketable securities	`GainLossOnSaleOfInvestments`	$-231.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-48.10M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-5.53M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$4.67M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$86.06M	USD	2 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$4.84M	USD	2 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$68.37M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.62M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$5.96M	USD	2 Qtrs
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-49.24M	USD	2 Qtrs
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-33.00M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-6.25M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-7.48M	USD	2 Qtrs
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$-962.00K	USD	2 Qtrs
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$-3.88M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-10.79M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$33.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$275.22M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$438.06M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$60.49M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$93.07M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$271.00K	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.28M	USD	2 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$2.45M	USD	2 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$853.00K	USD	2 Qtrs
Purchase of marketable securities	`PaymentsToAcquireAvailableForSaleSecurities`	$209.39M	USD	2 Qtrs
Purchase of marketable securities	`PaymentsToAcquireAvailableForSaleSecurities`	$192.17M	USD	2 Qtrs
Redemption of marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$182.86M	USD	2 Qtrs
Redemption of marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$127.15M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$9.42M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$276.01M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-185.89M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-346.40M	USD	2 Qtrs
Dividends	`PaymentsOfDividends`	$196.09M	USD	2 Qtrs
Dividends	`PaymentsOfDividends`	$308.90M	USD	2 Qtrs
Proceeds from issuance of treasury stock related to equity awards	`ProceedsFromSaleOfTreasuryStock`	$14.14M	USD	2 Qtrs
Proceeds from issuance of treasury stock related to equity awards	`ProceedsFromSaleOfTreasuryStock`	$12.98M	USD	2 Qtrs
Purchase of treasury stock related to equity awards	`PaymentsForRepurchaseOfCommonStockRelatedToEquityAwards`	$6.90M	USD	2 Qtrs
Purchase of treasury stock related to equity awards	`PaymentsForRepurchaseOfCommonStockRelatedToEquityAwards`	$12.95M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-308.88M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-188.84M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-1.49M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-8.22M	USD	2 Qtrs
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$55.11M	USD	2 Qtrs
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-381.55M	USD	2 Qtrs
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$820.25M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$946.87M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.20B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$891.76M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$820.25M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$946.87M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.20B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$891.76M	USD	Point-in-time

Stockholders Equity 50 line items

Line Item	Tag	Value	Unit	Period
Adjustment related to unrealized gains (losses) on available-for-sale securities income tax effects	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$5.31M	USD	2 Qtrs
Adjustment related to unrealized gains (losses) on available-for-sale securities income tax effects	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$492.00K	USD	1 Quarter
Adjustment related to unrealized gains (losses) on available-for-sale securities income tax effects	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$2.91M	USD	2 Qtrs
Adjustment related to unrealized gains (losses) on available-for-sale securities income tax effects	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$2.41M	USD	1 Quarter
Dividends declared per share	`DividendsPayableAmountPerShare`	$2.28	USD	Point-in-time
Dividends declared per share	`DividendsPayableAmountPerShare`	$2.12	USD	Point-in-time
Balance at beginning	`StockholdersEquity`	$4.32B	USD	Point-in-time
Balance at beginning	`StockholdersEquity`	$4.00B	USD	Point-in-time
Balance at beginning	`StockholdersEquity`	$4.16B	USD	Point-in-time
Balance at beginning	`StockholdersEquity`	$3.85B	USD	Point-in-time
Balance at beginning	`StockholdersEquity`	$3.76B	USD	Point-in-time
Balance at beginning	`StockholdersEquity`	$4.15B	USD	Point-in-time
Net income	`NetIncomeLoss`	$190.34M	USD	1 Quarter
Net income	`NetIncomeLoss`	$319.71M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$223.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$363.83M	USD	2 Qtrs
Translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-8.92M	USD	2 Qtrs
Translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-26.37M	USD	2 Qtrs
Translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-49.87M	USD	1 Quarter
Translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$314.00K	USD	1 Quarter
Adjustment related to unrealized gains (losses) on available-for-sale securities net of income tax effects	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-19.88M	USD	2 Qtrs
Adjustment related to unrealized gains (losses) on available-for-sale securities net of income tax effects	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$35.17M	USD	2 Qtrs
Adjustment related to unrealized gains (losses) on available-for-sale securities net of income tax effects	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$16.03M	USD	1 Quarter
Adjustment related to unrealized gains (losses) on available-for-sale securities net of income tax effects	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-4.84M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$390.08M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$135.63M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$273.47M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$240.00M	USD	1 Quarter
Dividends declared	`AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings`	$-400.30M	USD	2 Qtrs
Dividends declared	`AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings`	$-432.87M	USD	1 Quarter
Dividends declared	`AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings`	$-400.13M	USD	1 Quarter
Dividends declared	`AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings`	$-433.08M	USD	2 Qtrs
Issuance of treasury stock related to equity awards	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$14.14M	USD	2 Qtrs
Issuance of treasury stock related to equity awards	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$12.21M	USD	1 Quarter
Issuance of treasury stock related to equity awards	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$12.98M	USD	2 Qtrs
Issuance of treasury stock related to equity awards	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$12.98M	USD	1 Quarter
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.31M	USD	1 Quarter
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$27.75M	USD	2 Qtrs
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.83M	USD	1 Quarter
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$30.96M	USD	2 Qtrs
Purchase of treasury stock related to equity awards	`TreasuryStockValueAcquiredCostMethod`	$-12.95M	USD	2 Qtrs
Purchase of treasury stock related to equity awards	`TreasuryStockValueAcquiredCostMethod`	$-260.00K	USD	1 Quarter
Purchase of treasury stock related to equity awards	`TreasuryStockValueAcquiredCostMethod`	$-338.00K	USD	1 Quarter
Purchase of treasury stock related to equity awards	`TreasuryStockValueAcquiredCostMethod`	$-6.90M	USD	2 Qtrs
Balance at ending	`StockholdersEquity`	$4.32B	USD	Point-in-time
Balance at ending	`StockholdersEquity`	$4.00B	USD	Point-in-time
Balance at ending	`StockholdersEquity`	$4.16B	USD	Point-in-time
Balance at ending	`StockholdersEquity`	$3.85B	USD	Point-in-time
Balance at ending	`StockholdersEquity`	$3.76B	USD	Point-in-time
Balance at ending	`StockholdersEquity`	$4.15B	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$190.34M	USD	1 Quarter
Net income	`NetIncomeLoss`	$319.71M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$223.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$363.83M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-8.92M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-26.37M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-49.87M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$314.00K	USD	1 Quarter
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$35.17M	USD	2 Qtrs
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-19.88M	USD	2 Qtrs
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$16.03M	USD	1 Quarter
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-4.84M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$390.08M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$135.63M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$273.47M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$240.00M	USD	1 Quarter

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