10-Q Filing

FORTIVE CORP CIK: 1659166 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001659166-19-000189`
Period End Date	20190630
Filing Date	20190725
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	a20190628-10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 83 Income Statement 92 Cash Flow Statement 72 Stockholders Equity 24 Comprehensive Income 20

Balance Sheet 83 line items

Line Item	Tag	Value	Unit	Period
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$821.40M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$889.80M	USD	Point-in-time
Preferred Stock, Dividend Rate, Percentage	`PreferredStockDividendRatePercentage`	0.05	pure	Annual
Preferred Stock, Dividend Rate, Percentage	`PreferredStockDividendRatePercentage`	0.05	pure	2 Qtrs
Preferred stock par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.09B	USD	Point-in-time
Preferred stock par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.18B	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.20B	USD	Point-in-time
Preferred stock authorized (in shares)	`PreferredStockSharesAuthorized`	15.00M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.32B	USD	Point-in-time
Preferred stock authorized (in shares)	`PreferredStockSharesAuthorized`	15.00M	shares	Point-in-time
Preferred stock issued (in shares)	`PreferredStockSharesIssued`	1.40M	shares	Point-in-time
Preferred stock issued (in shares)	`PreferredStockSharesIssued`	1.40M	shares	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$219.50M	USD	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$336.30M	USD	Point-in-time
Preferred stock outstanding (in shares)	`PreferredStockSharesOutstanding`	1.40M	shares	Point-in-time
Preferred stock outstanding (in shares)	`PreferredStockSharesOutstanding`	1.40M	shares	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$103.10M	USD	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$97.00M	USD	Point-in-time
Common stock par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Raw materials	`InventoryRawMaterialsNetOfReserves`	$260.40M	USD	Point-in-time
Common stock authorized (in shares)	`CommonStockSharesAuthorized`	2.00B	shares	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 issued (in shares)	`CommonStockSharesIssued`	336.20M	shares	Point-in-time
Common stock issued (in shares)	`CommonStockSharesIssued`	335.10M	shares	Point-in-time
Total inventories	`InventoryNet`	$574.50M	USD	Point-in-time
Total inventories	`InventoryNet`	$693.70M	USD	Point-in-time
Common stock outstanding (in shares)	`CommonStockSharesOutstanding`	335.40M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$193.20M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$313.90M	USD	Point-in-time
Common stock outstanding (in shares)	`CommonStockSharesOutstanding`	334.50M	shares	Point-in-time
Current assets, discontinued operations	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$21.40M	USD	Point-in-time
Current assets, discontinued operations	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$30.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.44B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.17B	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $821.4 and $889.8 at June 28, 2019 and December 31, 2018, respectively	`PropertyPlantAndEquipmentNet`	$514.70M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $821.4 and $889.8 at June 28, 2019 and December 31, 2018, respectively	`PropertyPlantAndEquipmentNet`	$576.10M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$197.60M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$548.90M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$755.40M	USD	Point-in-time
Goodwill	`Goodwill`	$7.75B	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`	$3.81B	USD	Point-in-time
Total assets	`Assets`	$12.91B	USD	Point-in-time
Total assets	`Assets`	$16.47B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$455.60M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$1.00B	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$697.90M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$706.50M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$51.30M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$1.02B	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$999.30M	USD	Point-in-time
Current liabilities, discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$30.70M	USD	Point-in-time
Current liabilities, discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$17.10M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.79B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.19B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$151.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.13B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.31B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$5.20B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.97B	USD	Point-in-time
Preferred stock: $0.01 par value, 15.0 million shares authorized; 5.0% Mandatory convertible preferred stock, series A, 1.4 million shares designated, issued and outstanding at June 28, 2019 and December 31, 2018	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock: $0.01 par value, 15.0 million shares authorized; 5.0% Mandatory convertible preferred stock, series A, 1.4 million shares designated, issued and outstanding at June 28, 2019 and December 31, 2018	`PreferredStockValue`	-	USD	Point-in-time
Common stock: $0.01 par value, 2.0 billion shares authorized; 336.2 and 335.1 million issued; 335.4 and 334.5 million outstanding at June 28, 2019 and December 31, 2018, respectively	`CommonStockValue`	$3.40M	USD	Point-in-time
Common stock: $0.01 par value, 2.0 billion shares authorized; 336.2 and 335.1 million issued; 335.4 and 334.5 million outstanding at June 28, 2019 and December 31, 2018, respectively	`CommonStockValue`	$3.40M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.13B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.27B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.81B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.55B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-67.60M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-86.60M	USD	Point-in-time
Total Fortive stockholders equity	`StockholdersEquity`	$7.01B	USD	Point-in-time
Total Fortive stockholders equity	`StockholdersEquity`	$6.60B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$17.40M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$11.30M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.02B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.61B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$16.47B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$12.91B	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.60B	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.86B	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.46B	USD	2 Qtrs
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.09B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$1.74B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$1.50B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$771.00M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$960.70M	USD	1 Quarter
Gross profit	`GrossProfit`	$904.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.60B	USD	2 Qtrs
Gross profit	`GrossProfit`	$1.72B	USD	2 Qtrs
Gross profit	`GrossProfit`	$830.80M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.02B	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$793.00M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$537.10M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$404.50M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$201.80M	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$117.40M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$101.90M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$226.40M	USD	2 Qtrs
Operating profit	`OperatingIncomeLoss`	$466.80M	USD	2 Qtrs
Operating profit	`OperatingIncomeLoss`	$602.30M	USD	2 Qtrs
Operating profit	`OperatingIncomeLoss`	$249.50M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$324.40M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$47.20M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$69.70M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$44.40M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$23.90M	USD	1 Quarter
Other non-operating expenses, net	`OtherNonoperatingIncomeExpense`	$-1.10M	USD	1 Quarter
Other non-operating expenses, net	`OtherNonoperatingIncomeExpense`	$-800.00K	USD	1 Quarter
Other non-operating expenses, net	`OtherNonoperatingIncomeExpense`	$-1.80M	USD	2 Qtrs
Other non-operating expenses, net	`OtherNonoperatingIncomeExpense`	$-400.00K	USD	2 Qtrs
Earnings from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$553.30M	USD	2 Qtrs
Earnings from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$204.30M	USD	1 Quarter
Earnings from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$396.70M	USD	2 Qtrs
Earnings from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$299.40M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$89.10M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$29.00M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$49.20M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$57.40M	USD	2 Qtrs
Net earnings from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$339.30M	USD	2 Qtrs
Net earnings from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$175.30M	USD	1 Quarter
Net earnings from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$464.20M	USD	2 Qtrs
Net earnings from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$250.20M	USD	1 Quarter
Earnings from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-700.00K	USD	1 Quarter
Earnings from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$92.00M	USD	2 Qtrs
Earnings from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$44.80M	USD	1 Quarter
Earnings from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-300.00K	USD	2 Qtrs
Net earnings	`ProfitLoss`	$174.60M	USD	1 Quarter
Net earnings	`ProfitLoss`	$295.00M	USD	1 Quarter
Net earnings	`ProfitLoss`	$556.20M	USD	2 Qtrs
Net earnings	`ProfitLoss`	$339.00M	USD	2 Qtrs
Mandatory convertible preferred dividends	`PreferredStockDividendsIncomeStatementImpact`	$200.00K	USD	1 Quarter
Mandatory convertible preferred dividends	`PreferredStockDividendsIncomeStatementImpact`	$34.50M	USD	2 Qtrs
Mandatory convertible preferred dividends	`PreferredStockDividendsIncomeStatementImpact`	$200.00K	USD	2 Qtrs
Mandatory convertible preferred dividends	`PreferredStockDividendsIncomeStatementImpact`	$17.20M	USD	1 Quarter
Net earnings attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$294.80M	USD	1 Quarter
Net earnings attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$556.00M	USD	2 Qtrs
Net earnings attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$157.40M	USD	1 Quarter
Net earnings attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$304.50M	USD	2 Qtrs
Net earnings per common share from continuing operations - basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.72	USD	1 Quarter
Net earnings per common share from continuing operations - basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.33	USD	2 Qtrs
Net earnings per common share from continuing operations - basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.91	USD	2 Qtrs
Net earnings per common share from continuing operations - basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.47	USD	1 Quarter
Net earnings per common share from continuing operations - diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.47	USD	1 Quarter
Net earnings per common share from continuing operations - diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.31	USD	2 Qtrs
Net earnings per common share from continuing operations - diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.70	USD	1 Quarter
Net earnings per common share from continuing operations - diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.90	USD	2 Qtrs
Net earnings per share from discontinued operations - basic (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	2 Qtrs
Net earnings per share from discontinued operations - basic (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$0.26	USD	2 Qtrs
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`	$0.13	USD	1 Quarter
Net earnings per share from discontinued operations - diluted (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	2 Qtrs
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 share from discontinued operations - diluted (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.26	USD	2 Qtrs
Net earnings per common share - Basic (in dollars per share)	`EarningsPerShareBasic`	$0.84	USD	1 Quarter
Net earnings per common share - Basic (in dollars per share)	`EarningsPerShareBasic`	$0.91	USD	2 Qtrs
Net earnings per common share - Basic (in dollars per share)	`EarningsPerShareBasic`	$1.59	USD	2 Qtrs
Net earnings per common share - Basic (in dollars per share)	`EarningsPerShareBasic`	$0.47	USD	1 Quarter
Net earnings per share - Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.83	USD	1 Quarter
Net earnings per share - Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.46	USD	1 Quarter
Net earnings per share - Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.57	USD	2 Qtrs
Net earnings per share - Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.90	USD	2 Qtrs
Weighted average common shares outstanding used in basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	348.90M	shares	2 Qtrs
Weighted average common shares outstanding used in basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	335.40M	shares	2 Qtrs
Weighted average common shares outstanding used in basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	335.60M	shares	1 Quarter
Weighted average common shares outstanding used in basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	349.20M	shares	1 Quarter
Weighted average common shares outstanding used in diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	339.70M	shares	1 Quarter
Weighted average common shares outstanding used in diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	339.80M	shares	2 Qtrs
Weighted average common shares outstanding used in diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	354.70M	shares	2 Qtrs
Weighted average common shares outstanding used in diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	355.00M	shares	1 Quarter

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Payments of Stock Issuance Costs	`PaymentsOfStockIssuanceCosts`	$43.00M	USD	2 Qtrs
Net earnings from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$339.30M	USD	2 Qtrs
Net earnings from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$175.30M	USD	1 Quarter
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$24.30M	USD	2 Qtrs
Net earnings from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$464.20M	USD	2 Qtrs
Net earnings from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$250.20M	USD	1 Quarter
Depreciation	`Depreciation`	$61.10M	USD	2 Qtrs
Depreciation	`Depreciation`	$62.70M	USD	2 Qtrs
Amortization	`AdjustmentForAmortization`	$129.60M	USD	2 Qtrs
Amortization	`AdjustmentForAmortization`	$49.00M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$28.80M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$24.40M	USD	2 Qtrs
Change in trade accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$102.30M	USD	2 Qtrs
Change in trade accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$35.60M	USD	2 Qtrs
Change in inventories	`IncreaseDecreaseInInventories`	$62.80M	USD	2 Qtrs
Change in inventories	`IncreaseDecreaseInInventories`	$-45.80M	USD	2 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$30.50M	USD	2 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-11.70M	USD	2 Qtrs
Change in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$40.90M	USD	2 Qtrs
Change in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$67.20M	USD	2 Qtrs
Change in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-3.60M	USD	2 Qtrs
Change in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-66.80M	USD	2 Qtrs
Total operating cash provided by continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$423.10M	USD	2 Qtrs
Total operating cash provided by continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$421.40M	USD	2 Qtrs
Total operating cash provided by (used in) discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$89.80M	USD	2 Qtrs
Total operating cash provided by (used in) discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-6.40M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$415.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$512.90M	USD	2 Qtrs
Cash paid for acquisitions, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$9.30M	USD	2 Qtrs
Cash paid for acquisitions, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$3.24B	USD	2 Qtrs
Payments for additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$48.50M	USD	2 Qtrs
Payments for additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$47.70M	USD	2 Qtrs
All other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-3.80M	USD	2 Qtrs
All other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	2 Qtrs
Total investing cash used in continuing operations	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-53.20M	USD	2 Qtrs
Total investing cash used in continuing operations	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-3.29B	USD	2 Qtrs
Total investing cash used in discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	-	USD	2 Qtrs
Total investing cash used in discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$-11.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.29B	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-64.20M	USD	2 Qtrs
Net proceeds from (repayments of) commercial paper borrowings	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$892.30M	USD	2 Qtrs
Net proceeds from (repayments of) commercial paper borrowings	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$-325.90M	USD	2 Qtrs
Proceeds from issuance of mandatory convertible preferred stock net of $43.0 million of issuance costs	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	-	USD	2 Qtrs
Proceeds from issuance of mandatory convertible preferred stock net of $43.0 million of issuance costs	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$1.34B	USD	2 Qtrs
Proceeds from borrowings (maturities greater than 90 days), net of $24.3 million of issuance costs	`ProceedsFromDebtMaturingInMoreThanThreeMonths`	-	USD	2 Qtrs
Proceeds from borrowings (maturities greater than 90 days), net of $24.3 million of issuance costs	`ProceedsFromDebtMaturingInMoreThanThreeMonths`	$2.41B	USD	2 Qtrs
Repayment of borrowings (maturities greater than 90 days)	`RepaymentsOfDebtMaturingInMoreThanThreeMonths`	-	USD	2 Qtrs
Repayment of borrowings (maturities greater than 90 days)	`RepaymentsOfDebtMaturingInMoreThanThreeMonths`	$455.30M	USD	2 Qtrs
Payment of common stock cash dividend to shareholders	`PaymentsOfDividends`	$46.80M	USD	2 Qtrs
Payment of common stock cash dividend to shareholders	`PaymentsOfDividends`	$48.70M	USD	2 Qtrs
Payment of mandatory convertible preferred stock cash dividend to shareholders	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$34.50M	USD	2 Qtrs
Payment of mandatory convertible preferred stock cash dividend to shareholders	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	-	USD	2 Qtrs
All other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$7.50M	USD	2 Qtrs
All other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$15.30M	USD	2 Qtrs
Total financing cash provided by continuing operations	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$2.78B	USD	2 Qtrs
Total financing cash provided by continuing operations	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$978.90M	USD	2 Qtrs
Total financing cash provided used in discontinued operations	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	$-100.00K	USD	2 Qtrs
Total financing cash provided used in discontinued operations	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$978.80M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.78B	USD	2 Qtrs
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.90M	USD	2 Qtrs
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-21.40M	USD	2 Qtrs
Net change in cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-86.30M	USD	2 Qtrs
Net change in cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.41B	USD	2 Qtrs
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.09B	USD	Point-in-time
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.18B	USD	Point-in-time
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.37B	USD	Point-in-time
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$962.10M	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.09B	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.18B	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.37B	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$962.10M	USD	Point-in-time

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.02B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.61B	USD	Point-in-time
Net earnings for the period	`ProfitLoss`	$174.60M	USD	1 Quarter
Net earnings for the period	`ProfitLoss`	$295.00M	USD	1 Quarter
Net earnings for the period	`ProfitLoss`	$556.20M	USD	2 Qtrs
Net earnings for the period	`ProfitLoss`	$339.00M	USD	2 Qtrs
Dividends to common shareholders	`DividendsCommonStockCash`	$24.40M	USD	1 Quarter
Dividends to common shareholders	`DividendsCommonStockCash`	$48.70M	USD	2 Qtrs
Dividends to common shareholders	`DividendsCommonStockCash`	$24.30M	USD	1 Quarter
Dividends to common shareholders	`DividendsCommonStockCash`	$23.40M	USD	1 Quarter
Dividends to common shareholders	`DividendsCommonStockCash`	$23.40M	USD	1 Quarter
Dividends to common shareholders	`DividendsCommonStockCash`	$46.80M	USD	2 Qtrs
Mandatory convertible preferred stock cumulative dividends	`DividendsPreferredStockCash`	$34.50M	USD	2 Qtrs
Mandatory convertible preferred stock cumulative dividends	`DividendsPreferredStockCash`	$17.30M	USD	1 Quarter
Mandatory convertible preferred stock cumulative dividends	`DividendsPreferredStockCash`	-	USD	1 Quarter
Mandatory convertible preferred stock cumulative dividends	`DividendsPreferredStockCash`	-	USD	1 Quarter
Mandatory convertible preferred stock cumulative dividends	`DividendsPreferredStockCash`	$17.20M	USD	1 Quarter
Mandatory convertible preferred stock cumulative dividends	`DividendsPreferredStockCash`	-	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$1.80M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$19.00M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-99.10M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-62.00M	USD	2 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.02B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.61B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$174.60M	USD	1 Quarter
Net earnings	`ProfitLoss`	$295.00M	USD	1 Quarter
Net earnings	`ProfitLoss`	$556.20M	USD	2 Qtrs
Net earnings	`ProfitLoss`	$339.00M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$18.00M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.30M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-63.40M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-99.80M	USD	1 Quarter
Pension adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-500.00K	USD	1 Quarter
Pension adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.00M	USD	2 Qtrs
Pension adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.40M	USD	2 Qtrs
Pension adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-700.00K	USD	1 Quarter
Total other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$1.80M	USD	1 Quarter
Total other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$19.00M	USD	2 Qtrs
Total other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-99.10M	USD	1 Quarter
Total other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-62.00M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$494.20M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$195.90M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$176.40M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$358.00M	USD	2 Qtrs

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