10-Q Filing

FORTIVE CORP CIK: 1659166 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001659166-20-000078`
Period End Date	20200331
Filing Date	20200430
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	ftv-20200327_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 48 Cash Flow Statement 62 Stockholders Equity 12 Comprehensive Income 10

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$838.70M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$843.20M	USD	Point-in-time
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
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	15.00M	shares	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.04B	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.21B	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	15.00M	shares	Point-in-time
Preferred stock, dividend rate	`PreferredStockDividendRatePercentage`	0.05	pure	Annual
Preferred stock, dividend rate	`PreferredStockDividendRatePercentage`	0.05	pure	1 Quarter
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.38B	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.32B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	1.40M	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	1.40M	shares	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$285.60M	USD	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$282.70M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	1.40M	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	1.40M	shares	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
Work in process	`InventoryWorkInProcessNetOfReserves`	$100.40M	USD	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$103.10M	USD	Point-in-time
Raw materials	`InventoryRawMaterialsNetOfReserves`	$254.30M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
Raw materials	`InventoryRawMaterialsNetOfReserves`	$264.60M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
Inventories	`InventoryNet`	$650.40M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	337.70M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	336.90M	shares	Point-in-time
Inventories	`InventoryNet`	$640.30M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	336.80M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$433.80M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$455.60M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	336.00M	shares	Point-in-time
Current assets, discontinued operations	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$3.30M	USD	Point-in-time
Current assets, discontinued operations	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$3.20M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.45B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.69B	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $843.2 and $838.7 at March 27, 2020 and December 31, 2019, respectively	`PropertyPlantAndEquipmentNet`	$519.50M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $843.2 and $838.7 at March 27, 2020 and December 31, 2019, respectively	`PropertyPlantAndEquipmentNet`	$520.00M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$200.00M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$206.80M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$779.60M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$744.00M	USD	Point-in-time
Goodwill	`Goodwill`	$8.40B	USD	Point-in-time
Goodwill	`Goodwill`	$8.27B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$3.85B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$3.75B	USD	Point-in-time
Total assets	`Assets`	$16.93B	USD	Point-in-time
Total assets	`Assets`	$17.44B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$1.50B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$250.00M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$765.50M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$745.40M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$54.90M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$53.30M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$1.07B	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$1.15B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.47B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.12B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$159.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$154.50M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.58B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.58B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$5.83B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$4.83B	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	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 March 27, 2020 and December 31, 2019	`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 March 27, 2020 and December 31, 2019	`PreferredStockValue`	-	USD	Point-in-time
Common stock: $0.01 par value, 2.0 billion shares authorized; 337.7 and 336.9 million issued; 336.8 and 336.0 million outstanding at March 27, 2020 and December 31, 2019, respectively	`CommonStockValue`	$3.40M	USD	Point-in-time
Common stock: $0.01 par value, 2.0 billion shares authorized; 337.7 and 336.9 million issued; 336.8 and 336.0 million outstanding at March 27, 2020 and December 31, 2019, respectively	`CommonStockValue`	$3.40M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.31B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.33B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.10B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.13B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-193.60M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-56.30M	USD	Point-in-time
Total Fortive stockholders equity	`StockholdersEquity`	$7.39B	USD	Point-in-time
Total Fortive stockholders equity	`StockholdersEquity`	$7.24B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$13.20M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$11.20M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.25B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.40B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$16.93B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$17.44B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$838.70M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$843.20M	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.59B	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.71B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$780.20M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$837.70M	USD	1 Quarter
Gross profit	`GrossProfit`	$875.80M	USD	1 Quarter
Gross profit	`GrossProfit`	$812.70M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$557.20M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$486.40M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$109.00M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$113.70M	USD	1 Quarter
Impairment of goodwill	`GoodwillImpairmentLoss`	$85.30M	USD	1 Quarter
Impairment of goodwill	`GoodwillImpairmentLoss`	-	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$217.30M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$119.60M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$43.60M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$25.30M	USD	1 Quarter
Other non-operating expenses, net	`OtherNonoperatingIncomeExpense`	$-4.60M	USD	1 Quarter
Other non-operating expenses, net	`OtherNonoperatingIncomeExpense`	$400.00K	USD	1 Quarter
Earnings from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$192.40M	USD	1 Quarter
Earnings from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$71.40M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$29.10M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$28.40M	USD	1 Quarter
Net earnings from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$164.00M	USD	1 Quarter
Net earnings from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$42.30M	USD	1 Quarter
Earnings (loss) from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$400.00K	USD	1 Quarter
Earnings (loss) from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-400.00K	USD	1 Quarter
Net earnings	`ProfitLoss`	$41.90M	USD	1 Quarter
Net earnings	`ProfitLoss`	$164.40M	USD	1 Quarter
Mandatory convertible preferred dividends	`PreferredStockDividendsIncomeStatementImpact`	$17.30M	USD	1 Quarter
Mandatory convertible preferred dividends	`PreferredStockDividendsIncomeStatementImpact`	$17.30M	USD	1 Quarter
Net earnings attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$24.60M	USD	1 Quarter
Net earnings attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$147.10M	USD	1 Quarter
Net earnings per common share from continuing operations - basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.07	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`	$0.43	USD	1 Quarter
Net earnings per common share from continuing operations - diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.07	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`	-	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`	-	USD	1 Quarter
Net earnings per share - Basic (in dollars per share)	`EarningsPerShareBasic`	$0.07	USD	1 Quarter
Net earnings per 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`	$0.07	USD	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 basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	336.80M	shares	1 Quarter
Weighted average common shares outstanding used in diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	340.00M	shares	1 Quarter
Weighted average common shares outstanding used in diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	339.50M	shares	1 Quarter

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$24.00M	USD	1 Quarter
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$1.00M	USD	1 Quarter
Net earnings from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$164.00M	USD	1 Quarter
Net earnings from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$42.30M	USD	1 Quarter
Depreciation	`Depreciation`	$29.70M	USD	1 Quarter
Depreciation	`Depreciation`	$32.10M	USD	1 Quarter
Amortization	`AdjustmentForAmortization`	$52.20M	USD	1 Quarter
Amortization	`AdjustmentForAmortization`	$85.50M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$16.10M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$12.90M	USD	1 Quarter
Impairment of goodwill	`GoodwillImpairmentLoss`	$85.30M	USD	1 Quarter
Impairment of goodwill	`GoodwillImpairmentLoss`	-	USD	1 Quarter
Change in trade accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-22.80M	USD	1 Quarter
Change in trade accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-49.90M	USD	1 Quarter
Change in inventories	`IncreaseDecreaseInInventories`	$16.60M	USD	1 Quarter
Change in inventories	`IncreaseDecreaseInInventories`	$33.30M	USD	1 Quarter
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-6.70M	USD	1 Quarter
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-40.60M	USD	1 Quarter
Change in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-30.20M	USD	1 Quarter
Change in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$60.40M	USD	1 Quarter
Change in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-99.60M	USD	1 Quarter
Change in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-13.20M	USD	1 Quarter
Total operating cash provided by continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$161.20M	USD	1 Quarter
Total operating cash provided by continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$191.40M	USD	1 Quarter
Total operating cash used in discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-400.00K	USD	1 Quarter
Total operating cash used in discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-5.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$156.20M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$191.00M	USD	1 Quarter
Payments for additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$33.80M	USD	1 Quarter
Payments for additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$24.00M	USD	1 Quarter
Cash paid for acquisitions, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$10.60M	USD	1 Quarter
Cash paid for acquisitions, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
All other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	1 Quarter
All other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-200.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-24.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-44.20M	USD	1 Quarter
Net proceeds from (repayments of) commercial paper borrowings	`ProceedsFromRepaymentsOfCommercialPaper`	$-382.80M	USD	1 Quarter
Net proceeds from (repayments of) commercial paper borrowings	`ProceedsFromRepaymentsOfCommercialPaper`	$443.80M	USD	1 Quarter
Proceeds from borrowings (maturities longer than 90 days), net of issuance costs of $1 million and $24 million in 2020 and 2019, respectively	`ProceedsFromDebtMaturingInMoreThanThreeMonths`	$2.42B	USD	1 Quarter
Proceeds from borrowings (maturities longer than 90 days), net of issuance costs of $1 million and $24 million in 2020 and 2019, respectively	`ProceedsFromDebtMaturingInMoreThanThreeMonths`	$373.80M	USD	1 Quarter
Repayment of borrowings (maturities greater than 90 days)	`RepaymentsOfDebtMaturingInMoreThanThreeMonths`	$402.90M	USD	1 Quarter
Repayment of borrowings (maturities greater than 90 days)	`RepaymentsOfDebtMaturingInMoreThanThreeMonths`	$250.00M	USD	1 Quarter
Payment of common stock cash dividend to shareholders	`PaymentsOfDividendsCommonStock`	$23.40M	USD	1 Quarter
Payment of common stock cash dividend to shareholders	`PaymentsOfDividendsCommonStock`	$23.50M	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`	$-700.00K	USD	1 Quarter
All other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-6.80M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-283.20M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.41B	USD	1 Quarter
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-28.30M	USD	1 Quarter
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.10M	USD	1 Quarter
Net change in cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$2.55B	USD	1 Quarter
Net change in cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-164.70M	USD	1 Quarter
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.04B	USD	Point-in-time
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.73B	USD	Point-in-time
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.21B	USD	Point-in-time
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.18B	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.04B	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.73B	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.21B	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.18B	USD	Point-in-time

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.25B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.40B	USD	Point-in-time
Net earnings for the period	`ProfitLoss`	$41.90M	USD	1 Quarter
Net earnings for the period	`ProfitLoss`	$164.40M	USD	1 Quarter
Dividends to common shareholders	`DividendsCommonStockCash`	$23.40M	USD	1 Quarter
Dividends to common shareholders	`DividendsCommonStockCash`	$23.50M	USD	1 Quarter
Mandatory convertible preferred stock cumulative dividends	`DividendsPreferredStockCash`	$17.30M	USD	1 Quarter
Mandatory convertible preferred stock cumulative dividends	`DividendsPreferredStockCash`	$17.30M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-137.30M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$17.20M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.25B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.40B	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$41.90M	USD	1 Quarter
Net earnings	`ProfitLoss`	$164.40M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-136.30M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$16.70M	USD	1 Quarter
Pension adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-500.00K	USD	1 Quarter
Pension adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$1.00M	USD	1 Quarter
Total other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-137.30M	USD	1 Quarter
Total other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$17.20M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-95.40M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$181.60M	USD	1 Quarter

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