10-Q Filing

GARMIN LTD CIK: 1121788 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0001615774-17-004027`
Period End Date	20170630
Filing Date	20170802
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	grmn-20170701.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 80 Cash Flow Statement 80 Comprehensive Income 16

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$846.88M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$833.07M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$801.46M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$859.56M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesCurrent`	$266.95M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesCurrent`	$248.90M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$527.06M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$514.94M	USD	Point-in-time
Inventories, net	`InventoryNet`	$484.82M	USD	Point-in-time
Inventories, net	`InventoryNet`	$525.17M	USD	Point-in-time
Deferred costs	`DeferredCostsCurrent`	$47.40M	USD	Point-in-time
Deferred costs	`DeferredCostsCurrent`	$49.60M	USD	Point-in-time
Common shares, authorized	`CommonStockSharesAuthorized`	198,077.00	shares	Point-in-time
Common shares, authorized	`CommonStockSharesAuthorized`	198,077.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$106.76M	USD	Point-in-time
Common shares, issued	`CommonStockSharesIssued`	198,077.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$89.90M	USD	Point-in-time
Common shares, issued	`CommonStockSharesIssued`	198,077.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.26B	USD	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	187,703.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.30B	USD	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	188,565.00	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$450.65M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$517.29M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$482.88M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesNoncurrent`	$1.21B	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesNoncurrent`	$1.20B	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$117.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$113.00K	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$110.29M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$265.72M	USD	Point-in-time
Noncurrent deferred costs	`DeferredCosts`	$62.74M	USD	Point-in-time
Noncurrent deferred costs	`DeferredCosts`	$56.15M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$309.32M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$305.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$88.22M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$94.39M	USD	Point-in-time
Total assets	`Assets`	$4.53B	USD	Point-in-time
Total assets	`Assets`	$4.75B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$172.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$161.40M	USD	Point-in-time
Salaries and benefits payable	`EmployeeRelatedLiabilitiesCurrent`	$86.95M	USD	Point-in-time
Salaries and benefits payable	`EmployeeRelatedLiabilitiesCurrent`	$88.82M	USD	Point-in-time
Accrued warranty costs	`ProductWarrantyAccrualClassifiedCurrent`	$37.23M	USD	Point-in-time
Accrued warranty costs	`ProductWarrantyAccrualClassifiedCurrent`	$37.01M	USD	Point-in-time
Accrued sales program costs	`AccruedMarketingCostsCurrent`	$80.95M	USD	Point-in-time
Accrued sales program costs	`AccruedMarketingCostsCurrent`	$51.53M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$145.60M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$146.56M	USD	Point-in-time
Accrued royalty costs	`AccruedRoyaltiesCurrent`	$29.38M	USD	Point-in-time
Accrued royalty costs	`AccruedRoyaltiesCurrent`	$36.52M	USD	Point-in-time
Accrued advertising expense	`AccruedAdvertisingCurrent`	$37.44M	USD	Point-in-time
Accrued advertising expense	`AccruedAdvertisingCurrent`	$23.18M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$70.47M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$95.63M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$16.16M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$10.96M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrent`	$286.87M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrent`	$96.17M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$928.51M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$782.74M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$56.69M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$61.22M	USD	Point-in-time
Noncurrent income taxes	`AccruedIncomeTaxesNoncurrent`	$121.17M	USD	Point-in-time
Noncurrent income taxes	`AccruedIncomeTaxesNoncurrent`	$131.89M	USD	Point-in-time
Noncurrent deferred revenue	`DeferredRevenueNoncurrent`	$140.41M	USD	Point-in-time
Noncurrent deferred revenue	`DeferredRevenueNoncurrent`	$145.58M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.59M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.66M	USD	Point-in-time
Shares, CHF 0.10 par value, 198,077 shares authorized and issued; 187,703 shares outstanding at July 1, 2017 and 188,565 shares outstanding at December 31, 2016	`CommonStockValue`	$17.98M	USD	Point-in-time
Shares, CHF 0.10 par value, 198,077 shares authorized and issued; 187,703 shares outstanding at July 1, 2017 and 188,565 shares outstanding at December 31, 2016	`CommonStockValue`	$17.98M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.84B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.84B	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$455.96M	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$496.34M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.06B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.08B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$40.15M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-36.76M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$32.46M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.42B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.48B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$4.53B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$4.75B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$1.46B	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$816.88M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$1.44B	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$811.61M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$632.84M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$605.45M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$339.03M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$348.65M	USD	1 Quarter
Gross profit	`GrossProfit`	$849.98M	USD	2 Qtrs
Gross profit	`GrossProfit`	$802.81M	USD	2 Qtrs
Gross profit	`GrossProfit`	$462.96M	USD	1 Quarter
Gross profit	`GrossProfit`	$477.86M	USD	1 Quarter
Advertising expense	`AdvertisingExpense`	$44.25M	USD	1 Quarter
Advertising expense	`AdvertisingExpense`	$42.01M	USD	1 Quarter
Advertising expense	`AdvertisingExpense`	$76.48M	USD	2 Qtrs
Advertising expense	`AdvertisingExpense`	$73.53M	USD	2 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$103.68M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$105.25M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$199.29M	USD	2 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$207.30M	USD	2 Qtrs
Research and development expense	`ResearchAndDevelopmentExpense`	$222.56M	USD	2 Qtrs
Research and development expense	`ResearchAndDevelopmentExpense`	$127.25M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$114.36M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$249.45M	USD	2 Qtrs
Total operating expense	`OperatingExpenses`	$498.33M	USD	2 Qtrs
Total operating expense	`OperatingExpenses`	$530.29M	USD	2 Qtrs
Total operating expense	`OperatingExpenses`	$274.51M	USD	1 Quarter
Total operating expense	`OperatingExpenses`	$262.28M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$200.67M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$304.48M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$203.35M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$319.69M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$8.46M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$15.88M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$17.72M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$9.28M	USD	1 Quarter
Foreign currency gains (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-5.74M	USD	1 Quarter
Foreign currency gains (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$15.11M	USD	1 Quarter
Foreign currency gains (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-10.58M	USD	2 Qtrs
Foreign currency gains (losses)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-22.39M	USD	2 Qtrs
Other income	`OtherOperatingIncome`	$415.00K	USD	1 Quarter
Other income	`OtherOperatingIncome`	$314.00K	USD	1 Quarter
Other income	`OtherOperatingIncome`	$715.00K	USD	2 Qtrs
Other income	`OtherOperatingIncome`	$1.57M	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-3.95M	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$3.13M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$6.87M	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$24.70M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$228.06M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$311.35M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$203.80M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$315.75M	USD	2 Qtrs
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$42.74M	USD	1 Quarter
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$62.19M	USD	2 Qtrs
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$-93.02M	USD	2 Qtrs
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$57.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$249.16M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$170.95M	USD	1 Quarter
Net income	`NetIncomeLoss`	$161.06M	USD	1 Quarter
Net income	`NetIncomeLoss`	$408.76M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.17	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.91	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.85	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.32	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.91	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.85	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.17	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.31	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	189,195.00	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	187,757.00	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	187,974.00	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	188,892.00	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	188,492.00	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	189,491.00	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	189,356.00	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	188,691.00	shares	2 Qtrs
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$2.04	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$2.04	USD	2 Qtrs
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$2.04	USD	2 Qtrs
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$2.04	USD	1 Quarter

Cash Flow Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$249.16M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$170.95M	USD	1 Quarter
Net income	`NetIncomeLoss`	$161.06M	USD	1 Quarter
Net income	`NetIncomeLoss`	$408.76M	USD	2 Qtrs
Depreciation	`Depreciation`	$26.66M	USD	2 Qtrs
Depreciation	`Depreciation`	$29.56M	USD	2 Qtrs
Amortization	`AdjustmentForAmortization`	$14.85M	USD	2 Qtrs
Amortization	`AdjustmentForAmortization`	$13.27M	USD	2 Qtrs
(Gain) loss on sale or disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-64.00K	USD	2 Qtrs
(Gain) loss on sale or disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$56.00K	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$1.55M	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$351.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-159.72M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-6.07M	USD	2 Qtrs
Unrealized foreign currency loss	`ForeignCurrencyTransactionGainLossUnrealized`	$-3.20M	USD	2 Qtrs
Unrealized foreign currency loss	`ForeignCurrencyTransactionGainLossUnrealized`	$-25.93M	USD	2 Qtrs
Provision for obsolete and slow moving inventories	`InventoryWriteDown`	$11.07M	USD	2 Qtrs
Provision for obsolete and slow moving inventories	`InventoryWriteDown`	$15.89M	USD	2 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$19.51M	USD	2 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$20.39M	USD	2 Qtrs
Realized loss (gain) on marketable securities	`GainLossOnSaleOfInvestments`	$188.00K	USD	2 Qtrs
Realized loss (gain) on marketable securities	`GainLossOnSaleOfInvestments`	$-584.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-23.79M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-24.41M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$34.62M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$16.67M	USD	2 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$6.33M	USD	2 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$865.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-20.94M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-32.29M	USD	2 Qtrs
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-48.16M	USD	2 Qtrs
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-10.81M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-13.07M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$2.99M	USD	2 Qtrs
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$8.38M	USD	2 Qtrs
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$6.09M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$10.13M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$5.35M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$279.37M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$263.83M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$28.61M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$39.81M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$121.00K	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	2 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$2.83M	USD	2 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$6.34M	USD	2 Qtrs
Purchase of marketable securities	`PaymentsToAcquireAvailableForSaleSecurities`	$457.43M	USD	2 Qtrs
Purchase of marketable securities	`PaymentsToAcquireAvailableForSaleSecurities`	$243.88M	USD	2 Qtrs
Redemption of marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$278.72M	USD	2 Qtrs
Redemption of marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$466.53M	USD	2 Qtrs
Change in restricted cash	`IncreaseDecreaseInRestrictedCash`	$-2.00K	USD	2 Qtrs
Change in restricted cash	`IncreaseDecreaseInRestrictedCash`	-	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$7.50M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$62.14M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-18.69M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-84.49M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$191.69M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$193.11M	USD	2 Qtrs
Purchase of treasury stock under share repurchase plan	`PaymentsForRepurchaseOfCommonStock`	$63.96M	USD	2 Qtrs
Purchase of treasury stock under share repurchase plan	`PaymentsForRepurchaseOfCommonStock`	$45.10M	USD	2 Qtrs
Purchase of treasury stock related to equity awards	`PaymentsForRepurchaseOfCommonStockRelatedToEquityAwards`	$173.00K	USD	2 Qtrs
Purchase of treasury stock related to equity awards	`PaymentsForRepurchaseOfCommonStockRelatedToEquityAwards`	$3.58M	USD	2 Qtrs
Proceeds from issuance of treasury stock related to equity awards	`ProceedsFromSaleOfTreasuryStock`	$8.97M	USD	2 Qtrs
Proceeds from issuance of treasury stock related to equity awards	`ProceedsFromSaleOfTreasuryStock`	$10.32M	USD	2 Qtrs
Tax benefit from issuance of equity awards	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$2.00K	USD	2 Qtrs
Tax benefit from issuance of equity awards	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	-	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-229.41M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-248.91M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$16.45M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$2.92M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-31.61M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$12.68M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$846.88M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$833.07M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$801.46M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$859.56M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$846.88M	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`	$801.46M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$859.56M	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$249.16M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$170.95M	USD	1 Quarter
Net income	`NetIncomeLoss`	$161.06M	USD	1 Quarter
Net income	`NetIncomeLoss`	$408.76M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$12.16M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.18M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$5.90M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$65.51M	USD	2 Qtrs
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$4.50M	USD	1 Quarter
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$16.86M	USD	2 Qtrs
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$7.57M	USD	1 Quarter
Change in fair value of available-for-sale marketable securities, net of deferred taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$11.40M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$178.63M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$174.53M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$278.18M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$485.67M	USD	2 Qtrs

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