10-Q Filing

GARMIN LTD CIK: 1121788 Q3 2016

Filing Information

Form Type	10-Q
Accession Number	`0001615774-16-007773`
Period End Date	20160930
Filing Date	20161026
Fiscal Year	2016
Fiscal Period	Q3
XBRL Instance	grmn-20160924.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 78 Cash Flow Statement 80 Comprehensive Income 16

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$833.07M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.20B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$914.91M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$912.56M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesCurrent`	$201.56M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesCurrent`	$215.16M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$531.48M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$461.36M	USD	Point-in-time
Inventories, net	`InventoryNet`	$500.55M	USD	Point-in-time
Inventories, net	`InventoryNet`	$534.68M	USD	Point-in-time
Deferred costs	`DeferredCostsCurrent`	$46.57M	USD	Point-in-time
Deferred costs	`DeferredCostsCurrent`	$49.18M	USD	Point-in-time
Common shares, authorized	`CommonStockSharesAuthorized`	208.08M	shares	Point-in-time
Common shares, authorized	`CommonStockSharesAuthorized`	198.08M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$81.64M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$90.73M	USD	Point-in-time
Common shares, issued	`CommonStockSharesIssued`	198.08M	shares	Point-in-time
Common shares, issued	`CommonStockSharesIssued`	208.08M	shares	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	189.72M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.25B	USD	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	188.45M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.21B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$446.09M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$454.25M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$439.09M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesNoncurrent`	$1.33B	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesNoncurrent`	$1.34B	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$265.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$259.00K	USD	Point-in-time
Noncurrent deferred income tax	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$116.52M	USD	Point-in-time
Noncurrent deferred income tax	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$121.08M	USD	Point-in-time
Noncurrent deferred costs	`DeferredCosts`	$38.77M	USD	Point-in-time
Noncurrent deferred costs	`DeferredCosts`	$51.40M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$301.98M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$245.55M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$88.13M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$97.73M	USD	Point-in-time
Total assets	`Assets`	$4.50B	USD	Point-in-time
Total assets	`Assets`	$4.59B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$178.91M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$148.03M	USD	Point-in-time
Salaries and benefits payable	`EmployeeRelatedLiabilitiesCurrent`	$86.10M	USD	Point-in-time
Salaries and benefits payable	`EmployeeRelatedLiabilitiesCurrent`	$70.60M	USD	Point-in-time
Accrued warranty costs	`ProductWarrantyAccrualClassifiedCurrent`	$30.45M	USD	Point-in-time
Accrued warranty costs	`ProductWarrantyAccrualClassifiedCurrent`	$38.87M	USD	Point-in-time
Accrued sales program costs	`AccruedMarketingCostsCurrent`	$67.61M	USD	Point-in-time
Accrued sales program costs	`AccruedMarketingCostsCurrent`	$49.17M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$164.98M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$146.38M	USD	Point-in-time
Accrued royalty costs	`AccruedRoyaltiesCurrent`	$30.31M	USD	Point-in-time
Accrued royalty costs	`AccruedRoyaltiesCurrent`	$34.80M	USD	Point-in-time
Accrued advertising expense	`AccruedAdvertisingCurrent`	$22.77M	USD	Point-in-time
Accrued advertising expense	`AccruedAdvertisingCurrent`	$33.55M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$81.31M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$74.93M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$21.67M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$24.00M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrent`	$288.54M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrent`	$192.99M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$920.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$866.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$56.46M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$56.21M	USD	Point-in-time
Non-current income taxes	`AccruedIncomeTaxesNoncurrent`	$101.69M	USD	Point-in-time
Non-current income taxes	`AccruedIncomeTaxesNoncurrent`	$117.28M	USD	Point-in-time
Non-current deferred revenue	`DeferredRevenueNoncurrent`	$134.24M	USD	Point-in-time
Non-current deferred revenue	`DeferredRevenueNoncurrent`	$128.73M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.64M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.71M	USD	Point-in-time
Shares, CHF 0.10 par value, 198,077 shares authorized and issued; and 188,446 shares outstanding at September 24, 2016	`CommonStockValue`	-	USD	Point-in-time
Shares, CHF 0.10 par value, 198,077 shares authorized and issued; and 188,446 shares outstanding at September 24, 2016	`CommonStockValue`	-	USD	Point-in-time
Shares, CHF 10.00 par value, 208,077 shares authorized and issued; and 189,722 shares outstanding at December 26, 2015	`CommonStockValue1`	$1.80B	USD	Point-in-time
Shares, CHF 10.00 par value, 208,077 shares authorized and issued; and 189,722 shares outstanding at December 26, 2015	`CommonStockValue1`	$17.98M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.86B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$62.24M	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$414.64M	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$464.16M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.92B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.93B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-30.43M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.40M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$25.77M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.36B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.35B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$4.50B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$4.59B	USD	Point-in-time

Income Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$722.25M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$2.16B	USD	3 Qtrs
Net sales	`SalesRevenueNet`	$679.69M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$2.04B	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$316.27M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$913.35M	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$317.50M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$949.11M	USD	3 Qtrs
Gross profit	`GrossProfit`	$1.13B	USD	3 Qtrs
Gross profit	`GrossProfit`	$362.19M	USD	1 Quarter
Gross profit	`GrossProfit`	$405.98M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.21B	USD	3 Qtrs
Advertising expense	`AdvertisingExpense`	$110.35M	USD	3 Qtrs
Advertising expense	`AdvertisingExpense`	$36.89M	USD	1 Quarter
Advertising expense	`AdvertisingExpense`	$32.96M	USD	1 Quarter
Advertising expense	`AdvertisingExpense`	$109.44M	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$94.06M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$296.25M	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$96.96M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$290.36M	USD	3 Qtrs
Research and development expense	`ResearchAndDevelopmentExpense`	$105.79M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$339.01M	USD	3 Qtrs
Research and development expense	`ResearchAndDevelopmentExpense`	$116.45M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$321.03M	USD	3 Qtrs
Total operating expense	`OperatingExpenses`	$721.74M	USD	3 Qtrs
Total operating expense	`OperatingExpenses`	$236.73M	USD	1 Quarter
Total operating expense	`OperatingExpenses`	$246.36M	USD	1 Quarter
Total operating expense	`OperatingExpenses`	$744.70M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$464.09M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$159.62M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$403.82M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$125.46M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$22.30M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$6.85M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$24.11M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$8.23M	USD	1 Quarter
Foreign currency gains (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-14.18M	USD	3 Qtrs
Foreign currency gains (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-19.42M	USD	1 Quarter
Foreign currency gains (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$30.57M	USD	1 Quarter
Foreign currency gains (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-30.00M	USD	3 Qtrs
Other income	`OtherOperatingIncome`	$2.71M	USD	3 Qtrs
Other income	`OtherOperatingIncome`	$2.01M	USD	1 Quarter
Other income	`OtherOperatingIncome`	$1.34M	USD	1 Quarter
Other income	`OtherOperatingIncome`	$2.91M	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$10.82M	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-9.85M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-2.98M	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$39.43M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$149.76M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$414.64M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$164.89M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$461.11M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$90.80M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$45.59M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$24.71M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$86.90M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$119.30M	USD	1 Quarter
Net income	`NetIncomeLoss`	$323.84M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$374.21M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$125.05M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.69	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.98	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.66	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.63	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.98	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.63	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.66	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.69	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	191.07M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	190.34M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	189.03M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	188.69M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	189.24M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	191.52M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	190.82M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	189.38M	shares	3 Qtrs
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$2.04	USD	3 Qtrs
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$2.04	USD	3 Qtrs

Cash Flow Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$119.30M	USD	1 Quarter
Net income	`NetIncomeLoss`	$323.84M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$374.21M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$125.05M	USD	1 Quarter
Depreciation	`Depreciation`	$37.94M	USD	3 Qtrs
Depreciation	`Depreciation`	$40.33M	USD	3 Qtrs
Amortization	`AdjustmentForAmortization`	$20.45M	USD	3 Qtrs
Amortization	`AdjustmentForAmortization`	$22.21M	USD	3 Qtrs
Loss (gain) on sale or disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$190.00K	USD	3 Qtrs
Loss (gain) on sale or disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-155.00K	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$2.56M	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-1.78M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-6.82M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$5.80M	USD	3 Qtrs
Unrealized foreign currency loss	`ForeignCurrencyTransactionGainLossUnrealized`	$-19.54M	USD	3 Qtrs
Unrealized foreign currency loss	`ForeignCurrencyTransactionGainLossUnrealized`	$-30.47M	USD	3 Qtrs
Provision for obsolete and slow moving inventories	`InventoryWriteDown`	$9.93M	USD	3 Qtrs
Provision for obsolete and slow moving inventories	`InventoryWriteDown`	$20.94M	USD	3 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$29.21M	USD	3 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$19.60M	USD	3 Qtrs
Realized gain on marketable securities	`GainLossOnSaleOfInvestments`	$1.07M	USD	3 Qtrs
Realized gain on marketable securities	`GainLossOnSaleOfInvestments`	$76.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-123.88M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-76.37M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$41.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$111.01M	USD	3 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$110.69M	USD	3 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-3.40M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$16.86M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-40.69M	USD	3 Qtrs
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-44.64M	USD	3 Qtrs
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$1.94M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-13.66M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-49.79M	USD	3 Qtrs
Deferred cost	`IncreaseDecreaseInDeferredCharges`	$-7.08M	USD	3 Qtrs
Deferred cost	`IncreaseDecreaseInDeferredCharges`	$9.91M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$14.65M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-155.53M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$492.37M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$122.13M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$42.16M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$53.30M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$670.00K	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$15.00K	USD	3 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$4.71M	USD	3 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$2.82M	USD	3 Qtrs
Purchase of marketable securities	`PaymentsToAcquireAvailableForSaleSecurities`	$649.88M	USD	3 Qtrs
Purchase of marketable securities	`PaymentsToAcquireAvailableForSaleSecurities`	$739.68M	USD	3 Qtrs
Redemption of marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$772.73M	USD	3 Qtrs
Redemption of marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$720.72M	USD	3 Qtrs
Change in restricted cash	`IncreaseDecreaseInRestrictedCash`	$6.00K	USD	3 Qtrs
Change in restricted cash	`IncreaseDecreaseInRestrictedCash`	$-48.00K	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$62.14M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$12.63M	USD	3 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$2.81M	USD	3 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-75.93M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$281.25M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$289.33M	USD	3 Qtrs
Purchase of treasury stock under share repurchase plan	`PaymentsForRepurchaseOfCommonStock`	$65.22M	USD	3 Qtrs
Purchase of treasury stock under share repurchase plan	`PaymentsForRepurchaseOfCommonStock`	$108.06M	USD	3 Qtrs
Purchase of treasury stock related to equity awards	`PaymentsForRepurchaseOfCommonStockRelatedToEquityAwards`	$184.00K	USD	3 Qtrs
Purchase of treasury stock related to equity awards	`PaymentsForRepurchaseOfCommonStockRelatedToEquityAwards`	$241.00K	USD	3 Qtrs
Proceeds from issuance of treasury stock related to equity awards	`ProceedsFromSaleOfTreasuryStock`	$8.55M	USD	3 Qtrs
Proceeds from issuance of treasury stock related to equity awards	`ProceedsFromSaleOfTreasuryStock`	$10.21M	USD	3 Qtrs
Tax benefit from issuance of equity awards	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.26M	USD	3 Qtrs
Tax benefit from issuance of equity awards	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$365.00K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-344.16M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-379.73M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-26.57M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$7.22M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$79.49M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-281.36M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$833.07M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.20B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$914.91M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$912.56M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$833.07M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.20B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$914.91M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$912.56M	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$119.30M	USD	1 Quarter
Net income	`NetIncomeLoss`	$323.84M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$374.21M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$125.05M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-55.16M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-34.69M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$29.60M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$41.76M	USD	3 Qtrs
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$7.94M	USD	1 Quarter
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-2.43M	USD	1 Quarter
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$14.43M	USD	3 Qtrs
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$8.97M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$298.12M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$152.22M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$430.40M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$72.08M	USD	1 Quarter

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