10-Q Filing

FORTIVE CORP CIK: 1659166 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001659166-20-000136`
Period End Date	20200630
Filing Date	20200728
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	ftv-20200626_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 96 Cash Flow Statement 70 Stockholders Equity 24 Comprehensive Income 20

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$867.90M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$838.70M	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`	$1.21B	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	15.00M	shares	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.06B	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.13B	USD	Point-in-time
Preferred stock, dividend rate	`PreferredStockDividendRatePercentage`	0.05	pure	2 Qtrs
Preferred stock, dividend rate	`PreferredStockDividendRatePercentage`	0.05	pure	Annual
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.38B	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`	$294.90M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	1.40M	shares	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$285.60M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	1.40M	shares	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$100.40M	USD	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$102.50M	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`	$254.30M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
Raw materials	`InventoryRawMaterialsNetOfReserves`	$267.10M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	2.00B	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 issued (in shares)	`CommonStockSharesIssued`	337.90M	shares	Point-in-time
Inventories	`InventoryNet`	$664.50M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	336.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$455.60M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$390.40M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	337.00M	shares	Point-in-time
Current assets, discontinued operations	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$3.20M	USD	Point-in-time
Current assets, discontinued operations	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$3.30M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.25B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.69B	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $867.9 and $838.7 at June 26, 2020 and December 31, 2019, respectively	`PropertyPlantAndEquipmentNet`	$519.80M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $867.9 and $838.7 at June 26, 2020 and December 31, 2019, respectively	`PropertyPlantAndEquipmentNet`	$519.50M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$207.80M	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`	$758.70M	USD	Point-in-time
Goodwill	`Goodwill`	$8.30B	USD	Point-in-time
Goodwill	`Goodwill`	$8.40B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$3.67B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$3.85B	USD	Point-in-time
Total assets	`Assets`	$17.44B	USD	Point-in-time
Total assets	`Assets`	$16.71B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$1.50B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$998.80M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$765.50M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$733.00M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$54.90M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$52.60M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$1.09B	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$1.15B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.88B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.47B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$163.80M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$159.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.58B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.57B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$4.69B	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 June 26, 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 June 26, 2020 and December 31, 2019	`PreferredStockValue`	-	USD	Point-in-time
Common stock: $0.01 par value, 2.0 billion shares authorized; 337.9 and 336.9 million issued; 337.0 and 336.0 million outstanding at June 26, 2020 and December 31, 2019, respectively	`CommonStockValue`	$3.40M	USD	Point-in-time
Common stock: $0.01 par value, 2.0 billion shares authorized; 337.9 and 336.9 million issued; 337.0 and 336.0 million outstanding at June 26, 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`	$3.36B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.13B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.19B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-56.30M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-156.60M	USD	Point-in-time
Total Fortive stockholders equity	`StockholdersEquity`	$7.40B	USD	Point-in-time
Total Fortive stockholders equity	`StockholdersEquity`	$7.39B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$11.60M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$13.20M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.40B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.41B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$17.44B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$16.71B	USD	Point-in-time

Income Statement 96 line items

Line Item	Tag	Value	Unit	Period
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.86B	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.28B	USD	2 Qtrs
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.46B	USD	2 Qtrs
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.57B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.74B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$756.90M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$960.70M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.59B	USD	2 Qtrs
Gross profit	`GrossProfit`	$814.30M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.72B	USD	2 Qtrs
Gross profit	`GrossProfit`	$1.69B	USD	2 Qtrs
Gross profit	`GrossProfit`	$904.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.02B	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$537.10M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$516.60M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.07B	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$106.60M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$117.40M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$220.30M	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$226.40M	USD	2 Qtrs
Impairment of goodwill	`GoodwillImpairmentLoss`	$85.30M	USD	2 Qtrs
Impairment of goodwill	`GoodwillImpairmentLoss`	-	USD	1 Quarter
Impairment of goodwill	`GoodwillImpairmentLoss`	-	USD	1 Quarter
Impairment of goodwill	`GoodwillImpairmentLoss`	-	USD	2 Qtrs
Operating profit	`OperatingIncomeLoss`	$249.50M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$191.10M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$310.70M	USD	2 Qtrs
Operating profit	`OperatingIncomeLoss`	$466.80M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$69.70M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$43.20M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$86.80M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$44.40M	USD	1 Quarter
Other non-operating income (expense), net	`OtherNonoperatingIncomeExpense`	$-800.00K	USD	1 Quarter
Other non-operating income (expense), net	`OtherNonoperatingIncomeExpense`	$5.30M	USD	1 Quarter
Other non-operating income (expense), net	`OtherNonoperatingIncomeExpense`	$-400.00K	USD	2 Qtrs
Other non-operating income (expense), net	`OtherNonoperatingIncomeExpense`	$700.00K	USD	2 Qtrs
Earnings from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$224.60M	USD	2 Qtrs
Earnings from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$396.70M	USD	2 Qtrs
Earnings from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$204.30M	USD	1 Quarter
Earnings from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$153.20M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$29.00M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$57.40M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$22.90M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$52.00M	USD	2 Qtrs
Net earnings from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$172.60M	USD	2 Qtrs
Net earnings from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$339.30M	USD	2 Qtrs
Net earnings from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$130.30M	USD	1 Quarter
Net earnings from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$175.30M	USD	1 Quarter
Loss from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-700.00K	USD	2 Qtrs
Loss from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-700.00K	USD	1 Quarter
Loss from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-300.00K	USD	1 Quarter
Loss from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-300.00K	USD	2 Qtrs
Net earnings	`ProfitLoss`	$171.90M	USD	2 Qtrs
Net earnings	`ProfitLoss`	$339.00M	USD	2 Qtrs
Net earnings	`ProfitLoss`	$174.60M	USD	1 Quarter
Net earnings	`ProfitLoss`	$130.00M	USD	1 Quarter
Mandatory convertible preferred dividends	`PreferredStockDividendsIncomeStatementImpact`	$34.50M	USD	2 Qtrs
Mandatory convertible preferred dividends	`PreferredStockDividendsIncomeStatementImpact`	$17.20M	USD	1 Quarter
Mandatory convertible preferred dividends	`PreferredStockDividendsIncomeStatementImpact`	$34.50M	USD	2 Qtrs
Mandatory convertible preferred dividends	`PreferredStockDividendsIncomeStatementImpact`	$17.20M	USD	1 Quarter
Net earnings attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$137.40M	USD	2 Qtrs
Net earnings attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$304.50M	USD	2 Qtrs
Net earnings attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$157.40M	USD	1 Quarter
Net earnings attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$112.80M	USD	1 Quarter
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`	$0.41	USD	2 Qtrs
Net earnings per common share from continuing operations - basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.34	USD	1 Quarter
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`	$0.33	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 common share from continuing operations - diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.41	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`	-	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`	-	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	2 Qtrs
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`	-	USD	1 Quarter
Net earnings per share - Basic (in dollars per share)	`EarningsPerShareBasic`	$0.33	USD	1 Quarter
Net earnings per share - Basic (in dollars per share)	`EarningsPerShareBasic`	$0.47	USD	1 Quarter
Net earnings per share - Basic (in dollars per share)	`EarningsPerShareBasic`	$0.91	USD	2 Qtrs
Net earnings per share - Basic (in dollars per share)	`EarningsPerShareBasic`	$0.41	USD	2 Qtrs
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`	$0.33	USD	1 Quarter
Net earnings per share - Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.90	USD	2 Qtrs
Net earnings per share - Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.40	USD	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`	337.10M	shares	2 Qtrs
Weighted average common shares outstanding used in basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	337.30M	shares	1 Quarter
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 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`	339.70M	shares	1 Quarter
Weighted average common shares outstanding used in diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	339.90M	shares	2 Qtrs
Weighted average common shares outstanding used in diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	339.70M	shares	1 Quarter

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$24.00M	USD	2 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$8.00M	USD	2 Qtrs
Net earnings from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$172.60M	USD	2 Qtrs
Net earnings from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$339.30M	USD	2 Qtrs
Net earnings from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$130.30M	USD	1 Quarter
Net earnings from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$175.30M	USD	1 Quarter
Depreciation	`Depreciation`	$62.70M	USD	2 Qtrs
Depreciation	`Depreciation`	$66.60M	USD	2 Qtrs
Amortization	`AdjustmentForAmortization`	$170.10M	USD	2 Qtrs
Amortization	`AdjustmentForAmortization`	$129.60M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$28.80M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$38.80M	USD	2 Qtrs
Impairment of goodwill	`GoodwillImpairmentLoss`	$85.30M	USD	2 Qtrs
Impairment of goodwill	`GoodwillImpairmentLoss`	-	USD	1 Quarter
Impairment of goodwill	`GoodwillImpairmentLoss`	-	USD	1 Quarter
Impairment of goodwill	`GoodwillImpairmentLoss`	-	USD	2 Qtrs
Gain on sale of assets	`GainLossOnSaleOfOtherAssets`	-	USD	2 Qtrs
Gain on sale of assets	`GainLossOnSaleOfOtherAssets`	$5.30M	USD	2 Qtrs
Change in trade accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$102.30M	USD	2 Qtrs
Change in trade accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-214.80M	USD	2 Qtrs
Change in inventories	`IncreaseDecreaseInInventories`	$28.90M	USD	2 Qtrs
Change in inventories	`IncreaseDecreaseInInventories`	$-45.80M	USD	2 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-11.70M	USD	2 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-23.40M	USD	2 Qtrs
Change in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-55.40M	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`	$-75.00M	USD	2 Qtrs
Total operating cash provided by continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$421.40M	USD	2 Qtrs
Total operating cash provided by continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$671.00M	USD	2 Qtrs
Total operating cash used in discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-6.40M	USD	2 Qtrs
Total operating cash used in discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-800.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$415.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$670.20M	USD	2 Qtrs
Payments for additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$59.50M	USD	2 Qtrs
Payments for additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$48.50M	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfOtherAssetsInvestingActivities`	$5.30M	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfOtherAssetsInvestingActivities`	-	USD	2 Qtrs
Cash paid for acquisitions, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$11.40M	USD	2 Qtrs
Cash paid for acquisitions, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$3.24B	USD	2 Qtrs
All other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-400.00K	USD	2 Qtrs
All other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-65.20M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.29B	USD	2 Qtrs
Net proceeds from (repayments of) commercial paper borrowings	`ProceedsFromRepaymentsOfCommercialPaper`	$892.30M	USD	2 Qtrs
Net proceeds from (repayments of) commercial paper borrowings	`ProceedsFromRepaymentsOfCommercialPaper`	$-1.14B	USD	2 Qtrs
Proceeds from borrowings (maturities longer than 90 days), net of issuance costs of $8 million and $24 million in 2020 and 2019, respectively	`ProceedsFromDebtMaturingInMoreThanThreeMonths`	$2.41B	USD	2 Qtrs
Proceeds from borrowings (maturities longer than 90 days), net of issuance costs of $8 million and $24 million in 2020 and 2019, respectively	`ProceedsFromDebtMaturingInMoreThanThreeMonths`	$741.70M	USD	2 Qtrs
Repayment of borrowings (maturities greater than 90 days)	`RepaymentsOfDebtMaturingInMoreThanThreeMonths`	$455.30M	USD	2 Qtrs
Repayment of borrowings (maturities greater than 90 days)	`RepaymentsOfDebtMaturingInMoreThanThreeMonths`	$250.00M	USD	2 Qtrs
Payment of common stock cash dividend to shareholders	`PaymentsOfDividendsCommonStock`	$46.80M	USD	2 Qtrs
Payment of common stock cash dividend to shareholders	`PaymentsOfDividendsCommonStock`	$47.10M	USD	2 Qtrs
Payment of mandatory convertible preferred stock cash dividend to shareholders	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$17.30M	USD	2 Qtrs
Payment of mandatory convertible preferred stock cash dividend to shareholders	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$34.50M	USD	2 Qtrs
All other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$7.50M	USD	2 Qtrs
All other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-13.80M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.78B	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-728.40M	USD	2 Qtrs
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-18.80M	USD	2 Qtrs
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.90M	USD	2 Qtrs
Net change in cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-142.20M	USD	2 Qtrs
Net change in cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-86.30M	USD	2 Qtrs
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.09B	USD	Point-in-time
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.06B	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`	$1.09B	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.06B	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 24 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.40B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.41B	USD	Point-in-time
Net earnings for the period	`ProfitLoss`	$171.90M	USD	2 Qtrs
Net earnings for the period	`ProfitLoss`	$339.00M	USD	2 Qtrs
Net earnings for the period	`ProfitLoss`	$174.60M	USD	1 Quarter
Net earnings for the period	`ProfitLoss`	$130.00M	USD	1 Quarter
Dividends to common shareholders	`DividendsCommonStockCash`	$23.50M	USD	1 Quarter
Dividends to common shareholders	`DividendsCommonStockCash`	$23.60M	USD	1 Quarter
Dividends to common shareholders	`DividendsCommonStockCash`	$23.40M	USD	1 Quarter
Dividends to common shareholders	`DividendsCommonStockCash`	$46.80M	USD	2 Qtrs
Dividends to common shareholders	`DividendsCommonStockCash`	$23.40M	USD	1 Quarter
Dividends to common shareholders	`DividendsCommonStockCash`	$47.10M	USD	2 Qtrs
Mandatory convertible preferred stock cumulative dividends	`DividendsPreferredStockCash`	$17.20M	USD	1 Quarter
Mandatory convertible preferred stock cumulative dividends	`DividendsPreferredStockCash`	$34.50M	USD	2 Qtrs
Mandatory convertible preferred stock cumulative dividends	`DividendsPreferredStockCash`	$17.20M	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
Mandatory convertible preferred stock cumulative dividends	`DividendsPreferredStockCash`	$34.50M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-100.30M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$19.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$37.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.80M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.40B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.41B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$171.90M	USD	2 Qtrs
Net earnings	`ProfitLoss`	$339.00M	USD	2 Qtrs
Net earnings	`ProfitLoss`	$174.60M	USD	1 Quarter
Net earnings	`ProfitLoss`	$130.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$36.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$18.00M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-100.30M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.30M	USD	1 Quarter
Pension adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-500.00K	USD	1 Quarter
Pension adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.00M	USD	2 Qtrs
Pension adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.00M	USD	1 Quarter
Pension adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	2 Qtrs
Total other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-100.30M	USD	2 Qtrs
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`	$37.00M	USD	1 Quarter
Total other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$1.80M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$358.00M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$167.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$176.40M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$71.60M	USD	2 Qtrs

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