10-Q Filing

GARMIN LTD CIK: 1121788 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0001564590-20-048151`
Period End Date	20200930
Filing Date	20201028
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	grmn-10q_20200926_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 91 Income Statement 76 Cash Flow Statement 68 Stockholders Equity 48 Comprehensive Income 16

Balance Sheet 91 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`	$1.03B	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`	$1.22B	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$376.46M	USD	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	190.69M	shares	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	191.24M	shares	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$430.16M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$658.00M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$706.76M	USD	Point-in-time
Inventories	`InventoryNet`	$821.38M	USD	Point-in-time
Inventories	`InventoryNet`	$752.91M	USD	Point-in-time
Deferred costs	`DeferredCostsCurrent`	$25.11M	USD	Point-in-time
Deferred costs	`DeferredCostsCurrent`	$21.07M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$169.04M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$187.75M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.06B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.34B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$728.92M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$813.56M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$710.59M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$74.95M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$63.59M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$71.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$293.00K	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$1.21B	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$1.06B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$268.52M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$247.50M	USD	Point-in-time
Noncurrent deferred costs	`DeferredCosts`	$17.68M	USD	Point-in-time
Noncurrent deferred costs	`DeferredCosts`	$23.49M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$659.63M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$818.78M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$177.93M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$159.25M	USD	Point-in-time
Total assets	`Assets`	$6.17B	USD	Point-in-time
Total assets	`Assets`	$6.55B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$240.83M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$235.47M	USD	Point-in-time
Salaries and benefits payable	`EmployeeRelatedLiabilitiesCurrent`	$128.43M	USD	Point-in-time
Salaries and benefits payable	`EmployeeRelatedLiabilitiesCurrent`	$137.86M	USD	Point-in-time
Accrued warranty costs	`ProductWarrantyAccrualClassifiedCurrent`	$40.00M	USD	Point-in-time
Accrued warranty costs	`ProductWarrantyAccrualClassifiedCurrent`	$39.76M	USD	Point-in-time
Accrued sales program costs	`AccruedMarketingCostsCurrent`	$76.25M	USD	Point-in-time
Accrued sales program costs	`AccruedMarketingCostsCurrent`	$112.58M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$88.04M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$94.56M	USD	Point-in-time
Accrued royalty costs	`AccruedRoyaltiesCurrent`	$15.39M	USD	Point-in-time
Accrued royalty costs	`AccruedRoyaltiesCurrent`	$15.40M	USD	Point-in-time
Accrued advertising expense	`AccruedAdvertisingCurrent`	$25.91M	USD	Point-in-time
Accrued advertising expense	`AccruedAdvertisingCurrent`	$35.14M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$105.73M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$95.06M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$56.91M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$48.34M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrent`	$349.96M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrent`	$217.26M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.12B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.04B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$114.75M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$124.75M	USD	Point-in-time
Noncurrent income taxes	`AccruedIncomeTaxesNoncurrent`	$75.19M	USD	Point-in-time
Noncurrent income taxes	`AccruedIncomeTaxesNoncurrent`	$105.77M	USD	Point-in-time
Noncurrent deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$52.72M	USD	Point-in-time
Noncurrent deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$67.33M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$49.24M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$58.42M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$12.31M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$278.00K	USD	Point-in-time
Shares, CHF 0.10 par value, 198,077 shares authorized and issued; 191,237 shares outstanding at September 26, 2020 and 190,686 shares outstanding at December 28, 2019	`CommonStockValue`	$17.98M	USD	Point-in-time
Shares, CHF 0.10 par value, 198,077 shares authorized and issued; 191,237 shares outstanding at September 26, 2020 and 190,686 shares outstanding at December 28, 2019	`CommonStockValue`	$17.98M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.87B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.84B	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$326.29M	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$345.04M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.23B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.42B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$118.98M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$55.87M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.15B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.16B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.10B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.38B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.79B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.74B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$6.55B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$6.17B	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.11B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.66B	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$934.38M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.84B	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$366.93M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$441.21M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$1.06B	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$1.14B	USD	3 Qtrs
Gross profit	`GrossProfit`	$667.98M	USD	1 Quarter
Gross profit	`GrossProfit`	$567.46M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.69B	USD	3 Qtrs
Gross profit	`GrossProfit`	$1.59B	USD	3 Qtrs
Advertising expense	`AdvertisingExpense`	$33.87M	USD	1 Quarter
Advertising expense	`AdvertisingExpense`	$101.81M	USD	3 Qtrs
Advertising expense	`AdvertisingExpense`	$32.67M	USD	1 Quarter
Advertising expense	`AdvertisingExpense`	$90.03M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$380.29M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$124.77M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$142.13M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$411.33M	USD	3 Qtrs
Research and development expense	`ResearchAndDevelopmentExpense`	$148.56M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$443.36M	USD	3 Qtrs
Research and development expense	`ResearchAndDevelopmentExpense`	$174.88M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$506.01M	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`	$1.01B	USD	3 Qtrs
Total operating expense	`OperatingExpenses`	$350.88M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$682.97M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$669.06M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$261.46M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$317.10M	USD	1 Quarter
Interest income	`InterestIncomeOther`	$39.75M	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$30.26M	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$12.31M	USD	1 Quarter
Interest income	`InterestIncomeOther`	$7.78M	USD	1 Quarter
Foreign currency gains (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-9.80M	USD	3 Qtrs
Foreign currency gains (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$10.11M	USD	1 Quarter
Foreign currency gains (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-16.30M	USD	1 Quarter
Foreign currency gains (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-12.57M	USD	3 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$294.00K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$8.52M	USD	3 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$1.73M	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$3.57M	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$19.62M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$30.75M	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-3.69M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$28.97M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$711.94M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$699.81M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$336.72M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$257.77M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$53.17M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$29.90M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$108.11M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$23.30M	USD	1 Quarter
Net income	`NetIncomeLoss`	$591.70M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$313.42M	USD	1 Quarter
Net income	`NetIncomeLoss`	$227.87M	USD	1 Quarter
Net income	`NetIncomeLoss`	$658.78M	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$1.64	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.20	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$3.12	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$3.45	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.63	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$3.44	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.19	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$3.10	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	191.02M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	189.85M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	191.23M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	190.10M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	191.76M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	190.79M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	192.00M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	190.96M	shares	1 Quarter

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$658.78M	USD	3 Qtrs
Net income	`ProfitLoss`	$591.70M	USD	3 Qtrs
Depreciation	`Depreciation`	$52.50M	USD	3 Qtrs
Depreciation	`Depreciation`	$57.14M	USD	3 Qtrs
Amortization	`AdjustmentForAmortization`	$25.11M	USD	3 Qtrs
Amortization	`AdjustmentForAmortization`	$32.97M	USD	3 Qtrs
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$1.81M	USD	3 Qtrs
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$5.00K	USD	3 Qtrs
Unrealized foreign currency losses	`ForeignCurrencyTransactionGainLossUnrealized`	$-14.65M	USD	3 Qtrs
Unrealized foreign currency losses	`ForeignCurrencyTransactionGainLossUnrealized`	$-4.38M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$14.35M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$18.01M	USD	3 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$53.52M	USD	3 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$47.55M	USD	3 Qtrs
Realized gain on marketable securities	`GainLossOnSaleOfInvestments`	$1.32M	USD	3 Qtrs
Realized gain on marketable securities	`GainLossOnSaleOfInvestments`	$213.00K	USD	3 Qtrs
Accounts receivable, net of allowance for doubtful accounts	`IncreaseDecreaseInAccountsReceivable`	$-15.24M	USD	3 Qtrs
Accounts receivable, net of allowance for doubtful accounts	`IncreaseDecreaseInAccountsReceivable`	$-59.47M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$56.06M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$178.12M	USD	3 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$27.02M	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`	$-11.94M	USD	3 Qtrs
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-18.30M	USD	3 Qtrs
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-54.40M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-7.75M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-21.15M	USD	3 Qtrs
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$-9.86M	USD	3 Qtrs
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$-6.33M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-7.42M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-53.42M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$464.17M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$699.45M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$137.07M	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`	$1.97M	USD	3 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.86M	USD	3 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.64M	USD	3 Qtrs
Purchase of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$333.32M	USD	3 Qtrs
Purchase of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$702.49M	USD	3 Qtrs
Redemption of marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$333.78M	USD	3 Qtrs
Redemption of marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$808.55M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$275.31M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$148.65M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-367.81M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-179.33M	USD	3 Qtrs
Dividends	`PaymentsOfDividends`	$308.90M	USD	3 Qtrs
Dividends	`PaymentsOfDividends`	$333.98M	USD	3 Qtrs
Proceeds from issuance of treasury stock related to equity awards	`ProceedsFromSaleOfTreasuryStock`	$12.98M	USD	3 Qtrs
Proceeds from issuance of treasury stock related to equity awards	`ProceedsFromSaleOfTreasuryStock`	$15.20M	USD	3 Qtrs
Purchase of treasury stock related to equity awards	`PaymentsForRepurchaseOfTreasuryStockRelatedToEquityAwards`	$12.97M	USD	3 Qtrs
Purchase of treasury stock related to equity awards	`PaymentsForRepurchaseOfTreasuryStockRelatedToEquityAwards`	$13.07M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-308.89M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-331.85M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-11.83M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$7.90M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-224.37M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$196.17M	USD	3 Qtrs
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.03B	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`	$1.22B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$977.44M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.03B	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`	$1.22B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$977.44M	USD	Point-in-time

Stockholders Equity 48 line items

Line Item	Tag	Value	Unit	Period
Adjustment related to unrealized gains (losses) on available-for-sale securities income tax effects	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$31.00K	USD	1 Quarter
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`	$657.00K	USD	1 Quarter
Adjustment related to unrealized gains (losses) on available-for-sale securities income tax effects	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$2.90M	USD	3 Qtrs
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$2.44	USD	3 Qtrs
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$2.28	USD	3 Qtrs
Beginning balance, value	`StockholdersEquity`	$4.15B	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$4.16B	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$5.10B	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$4.38B	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$4.79B	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$4.74B	USD	Point-in-time
Net income	`NetIncomeLoss`	$591.70M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$313.42M	USD	1 Quarter
Net income	`NetIncomeLoss`	$227.87M	USD	1 Quarter
Net income	`NetIncomeLoss`	$658.78M	USD	3 Qtrs
Translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-27.80M	USD	3 Qtrs
Translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$45.36M	USD	3 Qtrs
Translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$26.72M	USD	1 Quarter
Translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-18.89M	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`	$2.53M	USD	1 Quarter
Adjustment related to unrealized gains (losses) on available-for-sale securities net of income tax effects	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$17.75M	USD	3 Qtrs
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`	$342.67M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$721.88M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$213.78M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$603.86M	USD	3 Qtrs
Dividends declared	`DividendsCommonStockCash`	$466.68M	USD	3 Qtrs
Dividends declared	`DividendsCommonStockCash`	$26.00K	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$421.00K	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$433.50M	USD	3 Qtrs
Issuance of treasury stock related to equity awards	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$15.20M	USD	3 Qtrs
Issuance of treasury stock related to equity awards	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$12.98M	USD	3 Qtrs
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$53.52M	USD	3 Qtrs
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$22.03M	USD	1 Quarter
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.59M	USD	1 Quarter
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$47.55M	USD	3 Qtrs
Purchase of treasury stock related to equity awards	`TreasuryStockValueAcquiredCostMethod`	$1.19M	USD	1 Quarter
Purchase of treasury stock related to equity awards	`TreasuryStockValueAcquiredCostMethod`	$13.07M	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`	$17.00K	USD	1 Quarter
Ending balance, value	`StockholdersEquity`	$4.15B	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$4.16B	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$5.10B	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$4.38B	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$4.79B	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$4.74B	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$591.70M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$313.42M	USD	1 Quarter
Net income	`NetIncomeLoss`	$227.87M	USD	1 Quarter
Net income	`NetIncomeLoss`	$658.78M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-27.80M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$45.36M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$26.72M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-18.89M	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`	$17.75M	USD	3 Qtrs
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.53M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$342.67M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$721.88M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$213.78M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$603.86M	USD	3 Qtrs

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