10-Q Filing

GARMIN LTD CIK: 1121788 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0001213900-19-021444`
Period End Date	20190930
Filing Date	20191030
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	f10q0919_garminltd_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 92 Income Statement 76 Cash Flow Statement 74 Stockholders Equity 52 Comprehensive Income 16

Balance Sheet 92 line items

Line Item	Tag	Value	Unit	Period
Common shares, par value (in CHF dollars per share)	`CommonStockParOrStatedValuePerShare`	0.10	CHF	Point-in-time
Common shares, par value (in CHF dollars per share)	`CommonStockParOrStatedValuePerShare`	0.10	CHF	Point-in-time
Common shares, authorized	`CommonStockSharesAuthorized`	198.08M	shares	Point-in-time
Common shares, authorized	`CommonStockSharesAuthorized`	198.08M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$976.40M	USD	Point-in-time
Common shares, issued	`CommonStockSharesIssued`	198.08M	shares	Point-in-time
Common shares, issued	`CommonStockSharesIssued`	198.08M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.20B	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesCurrent`	$300.54M	USD	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	190.10M	shares	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesCurrent`	$182.99M	USD	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	189.46M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$558.30M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$569.83M	USD	Point-in-time
Inventories	`InventoryNet`	$749.83M	USD	Point-in-time
Inventories	`InventoryNet`	$561.84M	USD	Point-in-time
Deferred costs	`DeferredCostsCurrent`	$26.45M	USD	Point-in-time
Deferred costs	`DeferredCostsCurrent`	$28.46M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$120.51M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$146.32M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.76B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.67B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$650.80M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$710.59M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$663.53M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$55.40M	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`	$1.04M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesNoncurrent`	$1.33B	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesNoncurrent`	$1.25B	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$158.96M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$176.96M	USD	Point-in-time
Noncurrent deferred costs	`DeferredCosts`	$25.16M	USD	Point-in-time
Noncurrent deferred costs	`DeferredCosts`	$29.47M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$637.72M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$417.08M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$156.18M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$100.25M	USD	Point-in-time
Total assets	`Assets`	$5.38B	USD	Point-in-time
Total assets	`Assets`	$5.76B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$235.55M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$204.99M	USD	Point-in-time
Salaries and benefits payable	`EmployeeRelatedLiabilitiesCurrent`	$109.32M	USD	Point-in-time
Salaries and benefits payable	`EmployeeRelatedLiabilitiesCurrent`	$113.09M	USD	Point-in-time
Accrued warranty costs	`ProductWarrantyAccrualClassifiedCurrent`	$38.00M	USD	Point-in-time
Accrued warranty costs	`ProductWarrantyAccrualClassifiedCurrent`	$38.28M	USD	Point-in-time
Accrued sales program costs	`AccruedMarketingCostsCurrent`	$90.39M	USD	Point-in-time
Accrued sales program costs	`AccruedMarketingCostsCurrent`	$58.46M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$95.57M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$96.37M	USD	Point-in-time
Accrued royalty costs	`AccruedRoyaltiesCurrent`	$11.67M	USD	Point-in-time
Accrued royalty costs	`AccruedRoyaltiesCurrent`	$24.65M	USD	Point-in-time
Accrued advertising expense	`AccruedAdvertisingCurrent`	$21.25M	USD	Point-in-time
Accrued advertising expense	`AccruedAdvertisingCurrent`	$31.66M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$69.78M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$87.33M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$51.64M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$60.73M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrent`	$325.07M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrent`	$200.48M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$921.31M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.04B	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$113.22M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$92.94M	USD	Point-in-time
Noncurrent income taxes	`AccruedIncomeTaxesNoncurrent`	$105.31M	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`	$69.60M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$42.85M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.85M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$267.00K	USD	Point-in-time
Shares, CHF 0.10 par value, 198,077 shares authorized and issued; 190,103 shares outstanding at September 28, 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; 190,103 shares outstanding at September 28, 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`	$1.84B	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$368.19M	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$397.69M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.87B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.71B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$20.59M	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`	$4.15B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.76B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.38B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.95B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.85B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.16B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$5.38B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$5.76B	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$2.66B	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$810.01M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$934.38M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$2.42B	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$329.26M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$1.06B	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$366.93M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$984.78M	USD	3 Qtrs
Gross profit	`GrossProfit`	$480.75M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.59B	USD	3 Qtrs
Gross profit	`GrossProfit`	$567.46M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.43B	USD	3 Qtrs
Advertising expense	`AdvertisingExpense`	$100.00M	USD	3 Qtrs
Advertising expense	`AdvertisingExpense`	$32.67M	USD	1 Quarter
Advertising expense	`AdvertisingExpense`	$31.14M	USD	1 Quarter
Advertising expense	`AdvertisingExpense`	$101.81M	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$114.67M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$352.23M	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$124.77M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$380.29M	USD	3 Qtrs
Research and development expense	`ResearchAndDevelopmentExpense`	$443.36M	USD	3 Qtrs
Research and development expense	`ResearchAndDevelopmentExpense`	$148.56M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$138.98M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$422.65M	USD	3 Qtrs
Total operating expense	`OperatingExpenses`	$925.46M	USD	3 Qtrs
Total operating expense	`OperatingExpenses`	$306.00M	USD	1 Quarter
Total operating expense	`OperatingExpenses`	$874.88M	USD	3 Qtrs
Total operating expense	`OperatingExpenses`	$284.79M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$555.67M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$195.96M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$261.46M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$669.06M	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$11.09M	USD	1 Quarter
Interest income	`InterestIncomeOther`	$12.31M	USD	1 Quarter
Interest income	`InterestIncomeOther`	$32.31M	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$39.75M	USD	3 Qtrs
Foreign currency losses	`ForeignCurrencyTransactionLossBeforeTax`	$6.87M	USD	1 Quarter
Foreign currency losses	`ForeignCurrencyTransactionLossBeforeTax`	$3.40M	USD	3 Qtrs
Foreign currency losses	`ForeignCurrencyTransactionLossBeforeTax`	$16.30M	USD	1 Quarter
Foreign currency losses	`ForeignCurrencyTransactionLossBeforeTax`	$12.57M	USD	3 Qtrs
Other income	`OtherOperatingIncome`	$294.00K	USD	1 Quarter
Other income	`OtherOperatingIncome`	$6.80M	USD	3 Qtrs
Other income	`OtherOperatingIncome`	$3.57M	USD	3 Qtrs
Other income	`OtherOperatingIncome`	$1.15M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$5.37M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$35.70M	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-3.69M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$30.75M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$201.33M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$699.81M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$591.38M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$257.77M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$17.11M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$108.11M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$29.90M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$87.44M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$227.87M	USD	1 Quarter
Net income	`NetIncomeLoss`	$591.70M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$503.93M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$184.21M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$2.67	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$3.12	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.98	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.20	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.97	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$2.66	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$3.10	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.19	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	188.55M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	190.10M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	189.85M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	188.80M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	190.00M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	190.96M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	190.79M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	189.59M	shares	3 Qtrs

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$227.87M	USD	1 Quarter
Net income	`NetIncomeLoss`	$591.70M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$503.93M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$184.21M	USD	1 Quarter
Depreciation	`Depreciation`	$47.90M	USD	3 Qtrs
Depreciation	`Depreciation`	$52.50M	USD	3 Qtrs
Amortization	`AdjustmentForAmortization`	$25.11M	USD	3 Qtrs
Amortization	`AdjustmentForAmortization`	$23.57M	USD	3 Qtrs
Gain on sale or disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$5.00K	USD	3 Qtrs
Gain on sale or disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$491.00K	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$933.00K	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$1.26M	USD	3 Qtrs
Provision for obsolete and slow moving inventories	`InventoryWriteDown`	$32.50M	USD	3 Qtrs
Provision for obsolete and slow moving inventories	`InventoryWriteDown`	$17.72M	USD	3 Qtrs
Unrealized foreign currency loss	`ForeignCurrencyTransactionGainLossUnrealized`	$-4.16M	USD	3 Qtrs
Unrealized foreign currency loss	`ForeignCurrencyTransactionGainLossUnrealized`	$-14.65M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$18.01M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$20.18M	USD	3 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$47.55M	USD	3 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$42.09M	USD	3 Qtrs
Realized (gains) losses on marketable securities	`GainLossOnSaleOfInvestments`	$213.00K	USD	3 Qtrs
Realized (gains) losses on marketable securities	`GainLossOnSaleOfInvestments`	$-481.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-14.31M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-111.95M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$210.62M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$69.14M	USD	3 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-5.10M	USD	3 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$86.54M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$27.52M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$32.60M	USD	3 Qtrs
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-54.40M	USD	3 Qtrs
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-57.24M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-14.92M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-7.75M	USD	3 Qtrs
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$-6.33M	USD	3 Qtrs
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$-5.58M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-7.42M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$27.04M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$701.78M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$464.17M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$122.85M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$91.47M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$370.00K	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.30M	USD	3 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.86M	USD	3 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$2.98M	USD	3 Qtrs
Purchase of marketable securities	`PaymentsToAcquireAvailableForSaleSecurities`	$333.32M	USD	3 Qtrs
Purchase of marketable securities	`PaymentsToAcquireAvailableForSaleSecurities`	$314.18M	USD	3 Qtrs
Redemption of marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$333.78M	USD	3 Qtrs
Redemption of marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$229.07M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$275.31M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$29.17M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-367.81M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-238.81M	USD	3 Qtrs
Dividends	`PaymentsOfDividends`	$308.90M	USD	3 Qtrs
Dividends	`PaymentsOfDividends`	$296.15M	USD	3 Qtrs
Proceeds from issuance of treasury stock related to equity awards	`ProceedsFromSaleOfTreasuryStock`	$14.52M	USD	3 Qtrs
Proceeds from issuance of treasury stock related to equity awards	`ProceedsFromSaleOfTreasuryStock`	$12.98M	USD	3 Qtrs
Purchase of treasury stock related to equity awards	`PaymentsForRepurchaseOfTreasuryStockRelatedToEquityAwards`	$6.91M	USD	3 Qtrs
Purchase of treasury stock related to equity awards	`PaymentsForRepurchaseOfTreasuryStockRelatedToEquityAwards`	$12.97M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-288.53M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-308.89M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-11.83M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-9.65M	USD	3 Qtrs
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$164.78M	USD	3 Qtrs
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-224.37M	USD	3 Qtrs
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$977.44M	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 beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.20B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.06B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$977.44M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$891.76M	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`	$1.06B	USD	Point-in-time

Stockholders Equity 52 line items

Line Item	Tag	Value	Unit	Period
Adjustment related to unrealized gains (losses) on available-for-sale securities income tax effects	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$5.97M	USD	3 Qtrs
Adjustment related to unrealized gains (losses) on available-for-sale securities income tax effects	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$107.00K	USD	1 Quarter
Adjustment related to unrealized gains (losses) on available-for-sale securities income tax effects	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$3.01M	USD	3 Qtrs
Adjustment related to unrealized gains (losses) on available-for-sale securities income tax effects	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$657.00K	USD	1 Quarter
Dividends declared per share	`DividendsPayablesAmountsPerShare`	$2.12	USD	3 Qtrs
Dividends declared per share	`DividendsPayablesAmountsPerShare`	$2.28	USD	3 Qtrs
Beginning balance, value	`StockholdersEquity`	$4.15B	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$3.76B	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$4.38B	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$3.95B	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$3.85B	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$4.16B	USD	Point-in-time
Net income	`NetIncomeLoss`	$227.87M	USD	1 Quarter
Net income	`NetIncomeLoss`	$591.70M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$503.93M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$184.21M	USD	1 Quarter
Translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-30.31M	USD	3 Qtrs
Translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-18.89M	USD	1 Quarter
Translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.94M	USD	1 Quarter
Translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-27.80M	USD	3 Qtrs
Adjustment related to unrealized gains (losses) on available-for-sale securities net of income tax effects	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-21.04M	USD	3 Qtrs
Adjustment related to unrealized gains (losses) on available-for-sale securities net of income tax effects	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.17M	USD	1 Quarter
Adjustment related to unrealized gains (losses) on available-for-sale securities net of income tax effects	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$4.79M	USD	1 Quarter
Adjustment related to unrealized gains (losses) on available-for-sale securities net of income tax effects	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$39.97M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$452.58M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$603.86M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$213.78M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$179.11M	USD	1 Quarter
Dividends declared	`AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings`	$-421.00K	USD	1 Quarter
Dividends declared	`AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings`	-	USD	1 Quarter
Dividends declared	`AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings`	$-400.30M	USD	3 Qtrs
Dividends declared	`AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings`	$-433.50M	USD	3 Qtrs
Issuance of treasury stock related to equity awards	`StockIssuedDuringPeriodValueTreasuryStockReissued`	-	USD	1 Quarter
Issuance of treasury stock related to equity awards	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$12.98M	USD	3 Qtrs
Issuance of treasury stock related to equity awards	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$382.00K	USD	1 Quarter
Issuance of treasury stock related to equity awards	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$14.52M	USD	3 Qtrs
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.35M	USD	1 Quarter
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.59M	USD	1 Quarter
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$47.55M	USD	3 Qtrs
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$42.09M	USD	3 Qtrs
Purchase of treasury stock related to equity awards	`TreasuryStockValueAcquiredCostMethod`	$6.91M	USD	3 Qtrs
Purchase of treasury stock related to equity awards	`TreasuryStockValueAcquiredCostMethod`	$12.97M	USD	3 Qtrs
Purchase of treasury stock related to equity awards	`TreasuryStockValueAcquiredCostMethod`	$8.00K	USD	1 Quarter
Purchase of treasury stock related to equity awards	`TreasuryStockValueAcquiredCostMethod`	$17.00K	USD	1 Quarter
Reclassification under ASU 2016-06	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoptionYearOne`	$-1.70M	USD	3 Qtrs
Reclassification under ASU 2018-02	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoptionYearTwo`	-	USD	3 Qtrs
Ending balance, value	`StockholdersEquity`	$4.15B	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$3.76B	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$4.38B	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$3.95B	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$3.85B	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$4.16B	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$227.87M	USD	1 Quarter
Net income	`NetIncomeLoss`	$591.70M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$503.93M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$184.21M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-30.31M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-18.89M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.94M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-27.80M	USD	3 Qtrs
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.17M	USD	1 Quarter
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$39.97M	USD	3 Qtrs
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$4.79M	USD	1 Quarter
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-21.04M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$452.58M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$603.86M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$213.78M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$179.11M	USD	1 Quarter

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