10-Q Filing

LOGITECH INTERNATIONAL S.A. CIK: 1032975 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001628280-22-027224`
Period End Date	20220930
Filing Date	20221027
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	logi-20220930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 62 Income Statement 84 Cash Flow Statement 76 Stockholders Equity 48 Comprehensive Income 36

Balance Sheet 62 line items

Line Item	Tag	Value	Unit	Period
Shares, par value (in CHF per share)	`CommonStockParOrStatedValuePerShare`	0.25	CHF	Point-in-time
Shares, par value (in CHF per share)	`CommonStockParOrStatedValuePerShare`	0.25	CHF	Point-in-time
Shares issued (in shares)	`CommonStockSharesIssued`	173.11M	shares	Point-in-time
Shares issued (in shares)	`CommonStockSharesIssued`	173.11M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$868.50M	USD	Point-in-time
Shares that may be issued out of conditional capital (in shares)	`NumberOfSharesIssuableOutOfConditionalCapitals`	50.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.33B	USD	Point-in-time
Shares that may be issued out of conditional capital (in shares)	`NumberOfSharesIssuableOutOfConditionalCapitals`	50.00M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$675.60M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$772.73M	USD	Point-in-time
Shares that may be issued out of the authorized capital (in shares)	`NumberOfSharesIssuableAuthorizedCapital`	17.31M	shares	Point-in-time
Shares that may be issued out of the authorized capital (in shares)	`NumberOfSharesIssuableAuthorizedCapital`	17.31M	shares	Point-in-time
Inventories	`InventoryNet`	$879.98M	USD	Point-in-time
Treasury, at cost, shares (in shares)	`TreasuryStockCommonShares`	7.86M	shares	Point-in-time
Treasury, at cost, shares (in shares)	`TreasuryStockCommonShares`	10.94M	shares	Point-in-time
Inventories	`InventoryNet`	$933.12M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$135.48M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$136.92M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.07B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.66B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$109.81M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$113.33M	USD	Point-in-time
Goodwill	`Goodwill`	$449.89M	USD	Point-in-time
Goodwill	`Goodwill`	$448.18M	USD	Point-in-time
Other intangible assets, net	`OtherIntangibleAssetsNet`	$83.78M	USD	Point-in-time
Other intangible assets, net	`OtherIntangibleAssetsNet`	$73.50M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$350.05M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$320.72M	USD	Point-in-time
Total assets	`Assets`	$3.64B	USD	Point-in-time
Total assets	`Assets`	$4.04B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$636.31M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$546.56M	USD	Point-in-time
Accrued and other current liabilities	`AccruedLiabilitiesCurrent`	$784.85M	USD	Point-in-time
Accrued and other current liabilities	`AccruedLiabilitiesCurrent`	$663.62M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.21B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.42B	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesNoncurrent`	$83.38M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesNoncurrent`	$97.45M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$132.13M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$168.70M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.48B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.64B	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Registered shares, CHF 0.25 par value: Issued shares - 173,106 at September 30, 2022 and March 31, 2022 Additional shares that may be be issued out of conditional capitals - 50,000 at September 30,2022 and March 31, 2022 Additional shares that may be issued out of authorized capital - 17,311 at September 30, 2022 and March 31, 2022	`CommonStockValueOutstanding`	$30.15M	USD	Point-in-time
Registered shares, CHF 0.25 par value: Issued shares - 173,106 at September 30, 2022 and March 31, 2022 Additional shares that may be be issued out of conditional capitals - 50,000 at September 30,2022 and March 31, 2022 Additional shares that may be issued out of authorized capital - 17,311 at September 30, 2022 and March 31, 2022	`CommonStockValueOutstanding`	$30.15M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$129.93M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$106.13M	USD	Point-in-time
Shares in treasury, at cost 10,943 at September 30, 2022 and 7,855 at March 31, 2022	`TreasuryStockValue`	$632.89M	USD	Point-in-time
Shares in treasury, at cost 10,943 at September 30, 2022 and 7,855 at March 31, 2022	`TreasuryStockValue`	$824.65M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.00B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.98B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-104.12M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-138.99M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$2.37B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$2.26B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$2.26B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$2.40B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$2.17B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$2.36B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$4.04B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$3.64B	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.31B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.31B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.62B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.15B	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSoldExcludingAmortizationOfIntangibleAssets`	$1.50B	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsSoldExcludingAmortizationOfIntangibleAssets`	$707.03M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSoldExcludingAmortizationOfIntangibleAssets`	$760.27M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSoldExcludingAmortizationOfIntangibleAssets`	$1.40B	USD	2 Qtrs
Amortization of intangible assets	`CostOfGoodsSoldAmortizationOfIntangibleAssets`	$3.15M	USD	1 Quarter
Amortization of intangible assets	`CostOfGoodsSoldAmortizationOfIntangibleAssets`	$7.90M	USD	2 Qtrs
Amortization of intangible assets	`CostOfGoodsSoldAmortizationOfIntangibleAssets`	$3.84M	USD	1 Quarter
Amortization of intangible assets	`CostOfGoodsSoldAmortizationOfIntangibleAssets`	$6.19M	USD	2 Qtrs
Gross profit	`GrossProfit`	$1.11B	USD	2 Qtrs
Gross profit	`GrossProfit`	$898.38M	USD	2 Qtrs
Gross profit	`GrossProfit`	$542.16M	USD	1 Quarter
Gross profit	`GrossProfit`	$438.78M	USD	1 Quarter
Marketing and selling	`SellingAndMarketingExpense`	$431.47M	USD	2 Qtrs
Marketing and selling	`SellingAndMarketingExpense`	$202.09M	USD	1 Quarter
Marketing and selling	`SellingAndMarketingExpense`	$508.94M	USD	2 Qtrs
Marketing and selling	`SellingAndMarketingExpense`	$256.63M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$137.91M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$69.01M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$144.53M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$68.66M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$33.27M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$62.45M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$26.59M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$73.81M	USD	2 Qtrs
Amortization of intangible assets and acquisition-related costs	`Amortizationofintangibleassetsandacquisitionrelatedcosts`	$6.24M	USD	2 Qtrs
Amortization of intangible assets and acquisition-related costs	`Amortizationofintangibleassetsandacquisitionrelatedcosts`	$2.87M	USD	1 Quarter
Amortization of intangible assets and acquisition-related costs	`Amortizationofintangibleassetsandacquisitionrelatedcosts`	$5.11M	USD	1 Quarter
Amortization of intangible assets and acquisition-related costs	`Amortizationofintangibleassetsandacquisitionrelatedcosts`	$10.32M	USD	2 Qtrs
Change in fair value of contingent consideration for business acquisition	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-925.00K	USD	1 Quarter
Change in fair value of contingent consideration for business acquisition	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-2.40M	USD	2 Qtrs
Change in fair value of contingent consideration for business acquisition	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	2 Qtrs
Change in fair value of contingent consideration for business acquisition	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	1 Quarter
Restructuring charges, net	`RestructuringCharges`	$11.00K	USD	1 Quarter
Restructuring charges, net	`RestructuringCharges`	$10.82M	USD	1 Quarter
Restructuring charges, net	`RestructuringCharges`	$11.00K	USD	2 Qtrs
Restructuring charges, net	`RestructuringCharges`	$10.82M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$362.75M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$311.38M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$655.50M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$728.60M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$179.41M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$127.40M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$242.88M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$382.49M	USD	2 Qtrs
Interest income	`InterestIncomeExpenseNonoperatingNet`	$4.91M	USD	2 Qtrs
Interest income	`InterestIncomeExpenseNonoperatingNet`	$3.46M	USD	1 Quarter
Interest income	`InterestIncomeExpenseNonoperatingNet`	$517.00K	USD	2 Qtrs
Interest income	`InterestIncomeExpenseNonoperatingNet`	$201.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-19.77M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$1.73M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-25.40M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-6.70M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$105.46M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$172.91M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$228.01M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$384.74M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$33.45M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$45.09M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$23.37M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$58.44M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$82.09M	USD	1 Quarter
Net income	`NetIncomeLoss`	$326.30M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$182.93M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$139.46M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.12	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.50	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.83	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.94	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.11	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.90	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.50	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.81	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	168.38M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	168.39M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	163.19M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	163.94M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	165.37M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	171.68M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	164.33M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	171.34M	shares	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$82.09M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$182.93M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$326.30M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$139.46M	USD	1 Quarter
Depreciation	`Depreciation`	$37.29M	USD	2 Qtrs
Depreciation	`Depreciation`	$43.47M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$17.47M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$12.24M	USD	2 Qtrs
Loss on investments	`GainLossOnInvestments`	$-11.58M	USD	2 Qtrs
Loss on investments	`GainLossOnInvestments`	$-961.00K	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$47.67M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$35.94M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$6.81M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$3.04M	USD	2 Qtrs
Change in fair value of contingent consideration for business acquisition	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-925.00K	USD	1 Quarter
Change in fair value of contingent consideration for business acquisition	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-2.40M	USD	2 Qtrs
Change in fair value of contingent consideration for business acquisition	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	2 Qtrs
Change in fair value of contingent consideration for business acquisition	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	1 Quarter
Other	`OtherOperatingActivitiesCashFlowStatement`	$1.06M	USD	2 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$118.00K	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$121.91M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$113.01M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$167.59M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-21.79M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$48.44M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-4.76M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-78.35M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-155.48M	USD	2 Qtrs
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-134.67M	USD	2 Qtrs
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-72.16M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$37.26M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-177.85M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$45.38M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$47.23M	USD	2 Qtrs
Investment in privately held companies	`PaymentsToAcquireOtherInvestments`	$901.00K	USD	2 Qtrs
Investment in privately held companies	`PaymentsToAcquireOtherInvestments`	$2.27M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$15.59M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$5.84M	USD	2 Qtrs
Purchases of deferred compensation investments	`PaymentsToAcquireMarketableSecurities`	$2.50M	USD	2 Qtrs
Purchases of deferred compensation investments	`PaymentsToAcquireMarketableSecurities`	$2.47M	USD	2 Qtrs
Proceeds from sales of deferred compensation investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$2.98M	USD	2 Qtrs
Proceeds from sales of deferred compensation investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$2.44M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-53.56M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-63.21M	USD	2 Qtrs
Payment of cash dividends	`PaymentsOfOrdinaryDividends`	$158.68M	USD	2 Qtrs
Payment of cash dividends	`PaymentsOfOrdinaryDividends`	$159.41M	USD	2 Qtrs
Payment of contingent consideration for business acquisition	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	2 Qtrs
Payment of contingent consideration for business acquisition	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$5.95M	USD	2 Qtrs
Purchases of registered shares	`PaymentsForRepurchaseOfCommonStock`	$237.56M	USD	2 Qtrs
Purchases of registered shares	`PaymentsForRepurchaseOfCommonStock`	$174.38M	USD	2 Qtrs
Proceeds from exercises of stock options and purchase rights	`ProceedsFromStockOptionsAndPurchaseRightsExercised`	$16.64M	USD	2 Qtrs
Proceeds from exercises of stock options and purchase rights	`ProceedsFromStockOptionsAndPurchaseRightsExercised`	$12.85M	USD	2 Qtrs
Tax withholdings related to net share settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$26.74M	USD	2 Qtrs
Tax withholdings related to net share settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$54.75M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-371.90M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-416.09M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-27.82M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-70.00K	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-460.21M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-613.03M	USD	2 Qtrs
Cash and cash equivalents, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.75B	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$868.50M	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.33B	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.14B	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.75B	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$868.50M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.33B	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.14B	USD	Point-in-time
Property, plant and equipment purchased during the period and included in period end liability accounts	`CapitalExpendituresIncurredButNotYetPaid`	$10.37M	USD	2 Qtrs
Property, plant and equipment purchased during the period and included in period end liability accounts	`CapitalExpendituresIncurredButNotYetPaid`	$9.44M	USD	2 Qtrs
Non-cash contingent consideration for acquisition	`NoncashOrPartNoncashAcquisitionContingentConsideration`	$9.97M	USD	2 Qtrs
Non-cash contingent consideration for acquisition	`NoncashOrPartNoncashAcquisitionContingentConsideration`	$1.15M	USD	2 Qtrs
Right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	-	USD	2 Qtrs
Right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$47.41M	USD	2 Qtrs
Income taxes paid, net	`IncomeTaxesPaidNet`	$166.13M	USD	2 Qtrs
Income taxes paid, net	`IncomeTaxesPaidNet`	$44.86M	USD	2 Qtrs

Stockholders Equity 48 line items

Line Item	Tag	Value	Unit	Period
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	0.87	CHF	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.95	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	0.87	CHF	2 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.95	USD	2 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	0.96	CHF	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.00	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.00	USD	2 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	0.96	CHF	2 Qtrs
Beginning of the period	`StockholdersEquity`	$2.37B	USD	Point-in-time
Beginning of the period	`StockholdersEquity`	$2.26B	USD	Point-in-time
Beginning of the period	`StockholdersEquity`	$2.26B	USD	Point-in-time
Beginning of the period	`StockholdersEquity`	$2.40B	USD	Point-in-time
Beginning of the period	`StockholdersEquity`	$2.17B	USD	Point-in-time
Beginning of the period	`StockholdersEquity`	$2.36B	USD	Point-in-time
Beginning of the period (in shares)	`TreasuryStockCommonShares`	7.86M	shares	Point-in-time
Beginning of the period (in shares)	`TreasuryStockCommonShares`	10.94M	shares	Point-in-time
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$324.19M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$63.93M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$148.06M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$135.85M	USD	1 Quarter
Purchases of registered shares	`StockRepurchasedDuringPeriodValue`	$119.51M	USD	1 Quarter
Purchases of registered shares	`StockRepurchasedDuringPeriodValue`	$116.94M	USD	1 Quarter
Purchases of registered shares	`StockRepurchasedDuringPeriodValue`	$174.38M	USD	2 Qtrs
Purchases of registered shares	`StockRepurchasedDuringPeriodValue`	$237.56M	USD	2 Qtrs
Sales of shares upon exercise of stock options and purchase rights	`SaleOfSharesUponExerciseOfOptionAndPurchaseRight`	$12.85M	USD	1 Quarter
Sales of shares upon exercise of stock options and purchase rights	`SaleOfSharesUponExerciseOfOptionAndPurchaseRight`	$13.89M	USD	1 Quarter
Sales of shares upon exercise of stock options and purchase rights	`SaleOfSharesUponExerciseOfOptionAndPurchaseRight`	$16.64M	USD	2 Qtrs
Sales of shares upon exercise of stock options and purchase rights	`SaleOfSharesUponExerciseOfOptionAndPurchaseRight`	$12.85M	USD	2 Qtrs
Issuance of shares upon vesting of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-54.75M	USD	2 Qtrs
Issuance of shares upon vesting of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-2.60M	USD	1 Quarter
Issuance of shares upon vesting of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-26.74M	USD	2 Qtrs
Issuance of shares upon vesting of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-4.34M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$23.71M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$48.61M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.64M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$35.90M	USD	2 Qtrs
Cash dividends	`DividendsCommonStockCash`	$159.41M	USD	1 Quarter
Cash dividends	`DividendsCommonStockCash`	$159.41M	USD	2 Qtrs
Cash dividends	`DividendsCommonStockCash`	$162.68M	USD	2 Qtrs
Cash dividends	`DividendsCommonStockCash`	$162.68M	USD	1 Quarter
End of the period	`StockholdersEquity`	$2.37B	USD	Point-in-time
End of the period	`StockholdersEquity`	$2.26B	USD	Point-in-time
End of the period	`StockholdersEquity`	$2.26B	USD	Point-in-time
End of the period	`StockholdersEquity`	$2.40B	USD	Point-in-time
End of the period	`StockholdersEquity`	$2.17B	USD	Point-in-time
End of the period	`StockholdersEquity`	$2.36B	USD	Point-in-time
End of the period (in shares)	`TreasuryStockCommonShares`	7.86M	shares	Point-in-time
End of the period (in shares)	`TreasuryStockCommonShares`	10.94M	shares	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$82.09M	USD	1 Quarter
Net income	`NetIncomeLoss`	$326.30M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$182.93M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$139.46M	USD	1 Quarter
Currency translation loss, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-18.06M	USD	1 Quarter
Currency translation loss, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-4.73M	USD	1 Quarter
Currency translation loss, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-3.93M	USD	2 Qtrs
Currency translation loss, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-39.28M	USD	2 Qtrs
Reclassification of cumulative translation adjustments included in other income (expense), net	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax`	$-5.00K	USD	1 Quarter
Reclassification of cumulative translation adjustments included in other income (expense), net	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax`	$-1.05M	USD	2 Qtrs
Reclassification of cumulative translation adjustments included in other income (expense), net	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax`	-	USD	1 Quarter
Reclassification of cumulative translation adjustments included in other income (expense), net	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax`	-	USD	2 Qtrs
Net gain (loss) and prior service costs, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-28.00K	USD	1 Quarter
Net gain (loss) and prior service costs, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$405.00K	USD	2 Qtrs
Net gain (loss) and prior service costs, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-112.00K	USD	2 Qtrs
Net gain (loss) and prior service costs, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-95.00K	USD	1 Quarter
Reclassification of amortization included in other income (expense), net	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$212.00K	USD	1 Quarter
Reclassification of amortization included in other income (expense), net	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$-226.00K	USD	2 Qtrs
Reclassification of amortization included in other income (expense), net	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$-113.00K	USD	1 Quarter
Reclassification of amortization included in other income (expense), net	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$423.00K	USD	2 Qtrs
Deferred hedging gain, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$11.56M	USD	2 Qtrs
Deferred hedging gain, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$2.13M	USD	1 Quarter
Deferred hedging gain, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$2.66M	USD	2 Qtrs
Deferred hedging gain, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$4.93M	USD	1 Quarter
Reclassification of hedging gain included in cost of goods sold	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$1.31M	USD	1 Quarter
Reclassification of hedging gain included in cost of goods sold	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$1.91M	USD	2 Qtrs
Reclassification of hedging gain included in cost of goods sold	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$7.04M	USD	2 Qtrs
Reclassification of hedging gain included in cost of goods sold	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$4.95M	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-34.87M	USD	2 Qtrs
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-18.16M	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.60M	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.10M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$324.19M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$63.93M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$148.06M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$135.85M	USD	1 Quarter

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