10-Q Filing

BUILDERS FIRSTSOURCE, INC. CIK: 1316835 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001564590-22-019150`
Period End Date	20220331
Filing Date	20220510
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	bldr-10q_20220331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 26 Cash Flow Statement 72 Stockholders Equity 26

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Allowances on trade accounts receivable	`AllowancesOnTradeAccountsReceivableCurrent`	$39.51M	USD	Point-in-time
Allowances on trade accounts receivable	`AllowancesOnTradeAccountsReceivableCurrent`	$47.27M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$42.60M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$281.80M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Accounts receivable, less allowances of $47,266 and $39,510 at March 31, 2022 and December 31, 2021, respectively	`AccountsReceivableNetCurrent`	$2.29B	USD	Point-in-time
Accounts receivable, less allowances of $47,266 and $39,510 at March 31, 2022 and December 31, 2021, respectively	`AccountsReceivableNetCurrent`	$1.71B	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$255.07M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$223.07M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Inventories, net	`InventoryNet`	$1.63B	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Inventories, net	`InventoryNet`	$2.19B	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$207.59M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$240.67M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	176.89M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$127.96M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	179.82M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$155.82M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.97B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$5.38B	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	176.89M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	179.82M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.39B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.39B	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$446.88M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$457.83M	USD	Point-in-time
Goodwill	`Goodwill`	$3.27B	USD	Point-in-time
Goodwill	`Goodwill`	$3.27B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.54B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.60B	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$29.20M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$30.49M	USD	Point-in-time
Total assets	`Assets`	$10.71B	USD	Point-in-time
Total assets	`Assets`	$12.05B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.56B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.09B	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$718.90M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$772.37M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$249.48M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$216.10M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$94.97M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$96.68M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$2.91M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$3.66M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.68B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.13B	USD	Point-in-time
Noncurrent portion of operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$375.29M	USD	Point-in-time
Noncurrent portion of operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$366.52M	USD	Point-in-time
Long-term debt, net of current maturities, discounts and issuance costs	`LongTermDebtAndCapitalLeaseObligations`	$2.93B	USD	Point-in-time
Long-term debt, net of current maturities, discounts and issuance costs	`LongTermDebtAndCapitalLeaseObligations`	$3.39B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$362.12M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$354.72M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$119.19M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$119.62M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.91B	USD	Point-in-time
Total liabilities	`Liabilities`	$6.92B	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 10,000 shares authorized; zero shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 10,000 shares authorized; zero shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, 300,000 shares authorized; 176,886 and 179,820 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively	`CommonStockValue`	$1.80M	USD	Point-in-time
Common stock, $0.01 par value, 300,000 shares authorized; 176,886 and 179,820 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively	`CommonStockValue`	$1.77M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$4.26B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$4.24B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$893.74M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$540.01M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$5.14B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.15B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.80B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.98B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$12.05B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$10.71B	USD	Point-in-time

Income Statement 26 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.68B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.17B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$3.10B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$3.85B	USD	1 Quarter
Gross margin	`GrossProfit`	$1.83B	USD	1 Quarter
Gross margin	`GrossProfit`	$1.07B	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$821.60M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$968.57M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$247.96M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$863.80M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-41.31M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-31.84M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$822.49M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$216.11M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$182.85M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$43.53M	USD	1 Quarter
Net income	`NetIncomeLoss`	$639.64M	USD	1 Quarter
Net income	`NetIncomeLoss`	$172.58M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.84	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$3.61	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$3.56	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.83	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	206.57M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	177.12M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	179.55M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	208.62M	shares	1 Quarter

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$172.58M	USD	1 Quarter
Net income	`ProfitLoss`	$639.64M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$111.95M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$134.33M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-7.40M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-8.86M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$10.40M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$8.84M	USD	1 Quarter
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$-2.04M	USD	1 Quarter
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$-2.87M	USD	1 Quarter
Receivables	`IncreaseDecreaseInReceivables`	$294.13M	USD	1 Quarter
Receivables	`IncreaseDecreaseInReceivables`	$549.71M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$561.81M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$340.94M	USD	1 Quarter
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$89.99M	USD	1 Quarter
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$33.08M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$27.66M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$27.86M	USD	1 Quarter
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-2.00M	USD	1 Quarter
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-407.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$470.20M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$241.62M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$2.04M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$93.24M	USD	1 Quarter
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$33.38M	USD	1 Quarter
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-4.77M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$179.82M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-200.51M	USD	1 Quarter
Cash acquired in BMC Merger	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-167.49M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$39.26M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$50.48M	USD	1 Quarter
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$3.19M	USD	1 Quarter
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.14M	USD	1 Quarter
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$131.42M	USD	1 Quarter
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-48.34M	USD	1 Quarter
Borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	$1.91B	USD	1 Quarter
Borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	$410.00M	USD	1 Quarter
Repayments under revolving credit facility	`RepaymentsOfLinesOfCredit`	$1.74B	USD	1 Quarter
Repayments under revolving credit facility	`RepaymentsOfLinesOfCredit`	$260.00M	USD	1 Quarter
Proceeds from long-term debt and other loans	`ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet`	$301.50M	USD	1 Quarter
Repayments of long-term debt and other loans	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$468.67M	USD	1 Quarter
Repayments of long-term debt and other loans	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$827.00K	USD	1 Quarter
Payments of debt extinguishment costs	`PaymentsOfDebtExtinguishmentCosts`	$2.48M	USD	1 Quarter
Payments of loan costs	`PaymentsOfFinancingCosts`	$6.42M	USD	1 Quarter
Payments of loan costs	`PaymentsOfFinancingCosts`	$4.27M	USD	1 Quarter
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$235.00K	USD	1 Quarter
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$420.00K	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$10.42M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$354.96M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$107.71M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-335.60M	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$239.20M	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-404.69M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$42.60M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$19.12M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$281.80M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$423.81M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$42.60M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$19.12M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$281.80M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$423.81M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$21.92M	USD	1 Quarter
Cash paid for interest	`InterestPaid`	$52.53M	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	$202.00K	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	$21.70M	USD	1 Quarter
Non-cash consideration for the BMC Merger	`NonCashConsiderationForMerger`	$3.66B	USD	1 Quarter
Accrued purchases of property, plant and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$6.02M	USD	1 Quarter
Accrued purchases of property, plant and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$6.73M	USD	1 Quarter
Right-of-use assets obtained in exchange for operating lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$14.92M	USD	1 Quarter
Right-of-use assets obtained in exchange for operating lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$13.71M	USD	1 Quarter
Assets acquired under finance lease obligations	`AssetsAcquiredUnderFinanceLeaseObligations`	$1.64M	USD	1 Quarter
Amounts accrued for repurchases of common stock	`AmountsAccruedForRepurchasesOfCommonStock`	$11.92M	USD	1 Quarter

Stockholders Equity 26 line items

Line Item	Tag	Value	Unit	Period
Repurchased and retired common stock, shares	`StockRepurchasedAndRetiredDuringPeriodShares`	3.60	shares	1 Quarter
Repurchased and retired common stock, net of fees	`StockRepurchasedAndRetiredDuringPeriodValue`	$285.95M	USD	1 Quarter
Average price of common shares repurchased and retired	`StockRepurchasedAndRetiredDuringPeriodAverageCostPerShare`	$79.58	USD	1 Quarter
Balance	`StockholdersEquity`	$5.14B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.15B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.80B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.98B	USD	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	176.89M	shares	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	179.82M	shares	Point-in-time
Merger consideration	`StockIssuedDuringPeriodValueAcquisitions`	$3.66B	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.40M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.84M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$285.95M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$421.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$235.00K	USD	1 Quarter
Shares withheld for restricted stock units vested	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$29.38M	USD	1 Quarter
Shares withheld for restricted stock units vested	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$10.42M	USD	1 Quarter
Net income	`NetIncomeLoss`	$639.64M	USD	1 Quarter
Net income	`NetIncomeLoss`	$172.58M	USD	1 Quarter
Balance	`StockholdersEquity`	$5.14B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.15B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.80B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.98B	USD	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	176.89M	shares	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	179.82M	shares	Point-in-time
Repurchase of common stock, shares	`StockRepurchasedAndRetiredDuringPeriodShares`	3.60	shares	1 Quarter

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