10-Q Filing

FORTIVE CORP CIK: 1659166 Q1 2019

Filing Information

Form Type	10-Q
Accession Number	`0001659166-19-000117`
Period End Date	20190331
Filing Date	20190425
Fiscal Year	2019
Fiscal Period	Q1
XBRL Instance	a20190329-10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 46 Cash Flow Statement 67 Stockholders Equity 20 Comprehensive Income 10

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$797.70M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$889.80M	USD	Point-in-time
Preferred Stock, Dividend Rate, Percentage	`PreferredStockDividendRatePercentage`	0.05	pure	1 Quarter
Preferred Stock, Dividend Rate, Percentage	`PreferredStockDividendRatePercentage`	0.05	pure	1 Quarter
Preferred stock par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.73B	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.18B	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.20B	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.15B	USD	Point-in-time
Preferred stock authorized (in shares)	`PreferredStockSharesAuthorized`	15.00M	shares	Point-in-time
Preferred stock authorized (in shares)	`PreferredStockSharesAuthorized`	15.00M	shares	Point-in-time
Preferred stock issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock issued (in shares)	`PreferredStockSharesIssued`	1.40M	shares	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$244.10M	USD	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$219.50M	USD	Point-in-time
Preferred stock outstanding (in shares)	`PreferredStockSharesOutstanding`	1.40M	shares	Point-in-time
Preferred stock outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$98.30M	USD	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$103.10M	USD	Point-in-time
Common stock par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Raw materials	`InventoryRawMaterialsNetOfReserves`	$265.90M	USD	Point-in-time
Raw materials	`InventoryRawMaterialsNetOfReserves`	$251.90M	USD	Point-in-time
Common stock authorized (in shares)	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
Common stock authorized (in shares)	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
Common stock issued (in shares)	`CommonStockSharesIssued`	335.10M	shares	Point-in-time
Common stock issued (in shares)	`CommonStockSharesIssued`	335.80M	shares	Point-in-time
Total inventories	`InventoryNet`	$608.30M	USD	Point-in-time
Total inventories	`InventoryNet`	$574.50M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$193.20M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$286.20M	USD	Point-in-time
Common stock outstanding (in shares)	`CommonStockSharesOutstanding`	334.50M	shares	Point-in-time
Common stock outstanding (in shares)	`CommonStockSharesOutstanding`	335.00M	shares	Point-in-time
Current assets, discontinued operations	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$30.00M	USD	Point-in-time
Current assets, discontinued operations	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$26.30M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.17B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$5.80B	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $797.7 and $889.8 at March 29, 2019 and December 31, 2018, respectively	`PropertyPlantAndEquipmentNet`	$468.30M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $797.7 and $889.8 at March 29, 2019 and December 31, 2018, respectively	`PropertyPlantAndEquipmentNet`	$576.10M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$166.40M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$620.70M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$548.90M	USD	Point-in-time
Goodwill	`Goodwill`	$6.17B	USD	Point-in-time
Goodwill	`Goodwill`	$6.13B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$2.48B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$2.44B	USD	Point-in-time
Total assets	`Assets`	$15.66B	USD	Point-in-time
Total assets	`Assets`	$12.91B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$1.06B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$455.60M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$706.50M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$667.80M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	-	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$55.90M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$999.30M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$837.80M	USD	Point-in-time
Current liabilities, discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$30.70M	USD	Point-in-time
Current liabilities, discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$22.70M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.64B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.19B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$112.50M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.31B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.13B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.97B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$4.73B	USD	Point-in-time
5.0% Mandatory convertible preferred stock, series A: $0.01 par value, 15.0 million shares authorized; 1.4 million shares issued and outstanding at March 29, 2019 and December 31, 2018	`PreferredStockValue`	-	USD	Point-in-time
5.0% Mandatory convertible preferred stock, series A: $0.01 par value, 15.0 million shares authorized; 1.4 million shares issued and outstanding at March 29, 2019 and December 31, 2018	`PreferredStockValue`	-	USD	Point-in-time
Common stock: $0.01 par value, 2.0 billion shares authorized; 335.8 and 335.1 million issued; 335.0 and 334.5 million outstanding at March 29, 2019 and December 31, 2018, respectively	`CommonStockValue`	$3.40M	USD	Point-in-time
Common stock: $0.01 par value, 2.0 billion shares authorized; 335.8 and 335.1 million issued; 335.0 and 334.5 million outstanding at March 29, 2019 and December 31, 2018, respectively	`CommonStockValue`	$3.40M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.24B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.13B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.55B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.68B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-69.40M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-86.60M	USD	Point-in-time
Total Fortive stockholders equity	`StockholdersEquity`	$6.85B	USD	Point-in-time
Total Fortive stockholders equity	`StockholdersEquity`	$6.60B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$12.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$17.40M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.61B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.86B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$12.91B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$15.66B	USD	Point-in-time

Income Statement 46 line items

Line Item	Tag	Value	Unit	Period
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.49B	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.59B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$780.20M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$725.90M	USD	1 Quarter
Gross profit	`GrossProfit`	$812.70M	USD	1 Quarter
Gross profit	`GrossProfit`	$766.30M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$486.40M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$388.50M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$99.90M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$109.00M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$217.30M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$277.90M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$23.30M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$25.30M	USD	1 Quarter
Other non-operating income (expenses), net	`OtherNonoperatingIncomeExpense`	$-700.00K	USD	1 Quarter
Other non-operating income (expenses), net	`OtherNonoperatingIncomeExpense`	$400.00K	USD	1 Quarter
Earnings from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$253.90M	USD	1 Quarter
Earnings from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$192.40M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$28.40M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$39.90M	USD	1 Quarter
Net earnings from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$164.00M	USD	1 Quarter
Net earnings from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$214.00M	USD	1 Quarter
Earnings from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$47.20M	USD	1 Quarter
Earnings from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$400.00K	USD	1 Quarter
Net earnings	`ProfitLoss`	$164.40M	USD	1 Quarter
Net earnings	`ProfitLoss`	$261.20M	USD	1 Quarter
Mandatory convertible preferred dividends	`PreferredStockDividendsIncomeStatementImpact`	-	USD	1 Quarter
Mandatory convertible preferred dividends	`PreferredStockDividendsIncomeStatementImpact`	$17.30M	USD	1 Quarter
Net earnings attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$147.10M	USD	1 Quarter
Net earnings attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$261.20M	USD	1 Quarter
Net earnings per common share from continuing operations - basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.61	USD	1 Quarter
Net earnings per common share from continuing operations - basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.44	USD	1 Quarter
Net earnings per common share from continuing operations - diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.61	USD	1 Quarter
Net earnings per common share from continuing operations - diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.43	USD	1 Quarter
Net earnings per share from discontinued operations - basic (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Net earnings per share from discontinued operations - basic (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$0.14	USD	1 Quarter
Net earnings per share from discontinued operations - diluted (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.13	USD	1 Quarter
Net earnings per share from discontinued operations - diluted (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Net earnings per common share - Basic (in dollars per share)	`EarningsPerShareBasic`	$0.75	USD	1 Quarter
Net earnings per common share - Basic (in dollars per share)	`EarningsPerShareBasic`	$0.44	USD	1 Quarter
Net earnings per share - Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.43	USD	1 Quarter
Net earnings per share - Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.74	USD	1 Quarter
Weighted average common shares outstanding used in basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	348.60M	shares	1 Quarter
Weighted average common shares outstanding used in basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	335.10M	shares	1 Quarter
Weighted average common shares outstanding used in diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	339.50M	shares	1 Quarter
Weighted average common shares outstanding used in diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	354.40M	shares	1 Quarter

Cash Flow Statement 67 line items

Line Item	Tag	Value	Unit	Period
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$24.30M	USD	1 Quarter
Net earnings from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$164.00M	USD	1 Quarter
Net earnings from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$214.00M	USD	1 Quarter
Depreciation	`Depreciation`	$29.70M	USD	1 Quarter
Depreciation	`Depreciation`	$31.00M	USD	1 Quarter
Amortization	`AdjustmentForAmortization`	$52.20M	USD	1 Quarter
Amortization	`AdjustmentForAmortization`	$24.90M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$12.90M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$11.00M	USD	1 Quarter
Change in trade accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$3.80M	USD	1 Quarter
Change in trade accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-49.90M	USD	1 Quarter
Change in inventories	`IncreaseDecreaseInInventories`	$29.80M	USD	1 Quarter
Change in inventories	`IncreaseDecreaseInInventories`	$33.30M	USD	1 Quarter
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-28.60M	USD	1 Quarter
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-40.60M	USD	1 Quarter
Change in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$60.40M	USD	1 Quarter
Change in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.30M	USD	1 Quarter
Change in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-13.20M	USD	1 Quarter
Change in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-82.60M	USD	1 Quarter
Total operating cash provided by continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$130.80M	USD	1 Quarter
Total operating cash provided by continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$161.20M	USD	1 Quarter
Total operating cash provided by (used in) discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-5.00M	USD	1 Quarter
Total operating cash provided by (used in) discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$40.20M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$156.20M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$171.00M	USD	1 Quarter
Cash paid for acquisitions, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Cash paid for acquisitions, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$7.70M	USD	1 Quarter
Payments for additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$25.90M	USD	1 Quarter
Payments for additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$24.00M	USD	1 Quarter
All other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	1 Quarter
All other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-100.00K	USD	1 Quarter
Total investing cash used in continuing operations	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-24.00M	USD	1 Quarter
Total investing cash used in continuing operations	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-33.50M	USD	1 Quarter
Total investing cash used in discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	-	USD	1 Quarter
Total investing cash used in discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$-5.50M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-39.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-24.00M	USD	1 Quarter
Net proceeds from (repayments of) commercial paper borrowings	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$443.80M	USD	1 Quarter
Net proceeds from (repayments of) commercial paper borrowings	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$-74.20M	USD	1 Quarter
Proceeds from borrowings (maturities greater than 90 days), net of $24.3 million of issuance costs	`ProceedsFromDebtMaturingInMoreThanThreeMonths`	$2.42B	USD	1 Quarter
Proceeds from borrowings (maturities greater than 90 days), net of $24.3 million of issuance costs	`ProceedsFromDebtMaturingInMoreThanThreeMonths`	-	USD	1 Quarter
Repayment of borrowings (maturities greater than 90 days)	`RepaymentsOfDebtMaturingInMoreThanThreeMonths`	-	USD	1 Quarter
Repayment of borrowings (maturities greater than 90 days)	`RepaymentsOfDebtMaturingInMoreThanThreeMonths`	$402.90M	USD	1 Quarter
Payment of common stock cash dividend to shareholders	`PaymentsOfDividends`	$23.40M	USD	1 Quarter
Payment of common stock cash dividend to shareholders	`PaymentsOfDividends`	$24.30M	USD	1 Quarter
Payment of mandatory convertible preferred stock cash dividend to shareholders	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$17.30M	USD	1 Quarter
Payment of mandatory convertible preferred stock cash dividend to shareholders	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	-	USD	1 Quarter
All other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$4.40M	USD	1 Quarter
All other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-6.80M	USD	1 Quarter
Total financing cash provided by (used in) continuing operations	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-94.10M	USD	1 Quarter
Total financing cash provided by (used in) continuing operations	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$2.41B	USD	1 Quarter
Total financing cash provided by (used in) discontinued operations	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	$-100.00K	USD	1 Quarter
Total financing cash provided by (used in) discontinued operations	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	-	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.41B	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-94.20M	USD	1 Quarter
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.10M	USD	1 Quarter
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$15.80M	USD	1 Quarter
Net change in cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$2.55B	USD	1 Quarter
Net change in cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$53.60M	USD	1 Quarter
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.02B	USD	Point-in-time
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$962.10M	USD	Point-in-time
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.73B	USD	Point-in-time
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.18B	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.02B	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$962.10M	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.73B	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.18B	USD	Point-in-time

Stockholders Equity 20 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	334.50M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	335.00M	shares	Point-in-time
Preferred stock outstanding (in shares)	`PreferredStockSharesOutstanding`	1.40M	shares	Point-in-time
Preferred stock outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.61B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.86B	USD	Point-in-time
Net earnings for the period	`ProfitLoss`	$164.40M	USD	1 Quarter
Net earnings for the period	`ProfitLoss`	$261.20M	USD	1 Quarter
Dividends to common shareholders	`DividendsCommonStockCash`	$23.40M	USD	1 Quarter
Dividends to common shareholders	`DividendsCommonStockCash`	$24.30M	USD	1 Quarter
Mandatory convertible preferred stock cumulative dividends	`DividendsPreferredStockCash`	-	USD	1 Quarter
Mandatory convertible preferred stock cumulative dividends	`DividendsPreferredStockCash`	$17.30M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$37.10M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$17.20M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	334.50M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	335.00M	shares	Point-in-time
Preferred stock outstanding (in shares)	`PreferredStockSharesOutstanding`	1.40M	shares	Point-in-time
Preferred stock outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.61B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.86B	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$164.40M	USD	1 Quarter
Net earnings	`ProfitLoss`	$261.20M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$16.70M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$36.40M	USD	1 Quarter
Pension adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-700.00K	USD	1 Quarter
Pension adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-500.00K	USD	1 Quarter
Total other comprehensive income, net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$37.10M	USD	1 Quarter
Total other comprehensive income, net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$17.20M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$298.30M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$181.60M	USD	1 Quarter

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