10-Q Filing

FORTIVE CORP CIK: 1659166 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001659166-21-000150`
Period End Date	20210331
Filing Date	20210429
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	ftv-20210402_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 50 Cash Flow Statement 69 Stockholders Equity 12 Comprehensive Income 10

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$680.00M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$674.50M	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
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.30B	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	15.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	15.00M	shares	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.82B	USD	Point-in-time
Preferred stock, dividend rate	`PreferredStockDividendRatePercentage`	0.05	pure	Annual
Accounts receivable, net	`AccountsReceivableNetCurrent`	$810.30M	USD	Point-in-time
Preferred stock, dividend rate	`PreferredStockDividendRatePercentage`	0.05	pure	1 Quarter
Accounts receivable, net	`AccountsReceivableNetCurrent`	$829.50M	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
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	1.40M	shares	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$231.30M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	1.40M	shares	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$227.90M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$76.80M	USD	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$75.20M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Raw materials	`InventoryRawMaterialsNetOfReserves`	$152.40M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
Raw materials	`InventoryRawMaterialsNetOfReserves`	$158.50M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	339.00M	shares	Point-in-time
Inventories	`InventoryNet`	$466.60M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	339.70M	shares	Point-in-time
Inventories	`InventoryNet`	$455.50M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$206.70M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	337.90M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$205.20M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	338.50M	shares	Point-in-time
Investment in Vontier Corporation	`EquitySecuritiesFvNi`	-	USD	Point-in-time
Investment in Vontier Corporation	`EquitySecuritiesFvNi`	$1.12B	USD	Point-in-time
Current assets, discontinued operations	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$30.40M	USD	Point-in-time
Current assets, discontinued operations	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.80B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.45B	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $680.0 and $674.5 at April 2, 2021 and December 31, 2020, respectively	`PropertyPlantAndEquipmentNet`	$410.10M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $680.0 and $674.5 at April 2, 2021 and December 31, 2020, respectively	`PropertyPlantAndEquipmentNet`	$422.00M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$188.70M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$186.60M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$331.20M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$344.10M	USD	Point-in-time
Goodwill	`Goodwill`	$7.36B	USD	Point-in-time
Goodwill	`Goodwill`	$7.34B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$3.21B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$3.29B	USD	Point-in-time
Total assets	`Assets`	$14.28B	USD	Point-in-time
Total assets	`Assets`	$16.05B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$1.40B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$1.13B	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$464.50M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$480.80M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$44.60M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$47.00M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$836.90M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$899.90M	USD	Point-in-time
Current liabilities, discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$2.80M	USD	Point-in-time
Current liabilities, discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$33.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.47B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.86B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$152.70M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$154.30M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.23B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.19B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.44B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.83B	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 April 2, 2021 and December 31, 2020	`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 April 2, 2021 and December 31, 2020	`PreferredStockValue`	-	USD	Point-in-time
Common stock: $0.01 par value, 2.0 billion shares authorized; 339.7 and 339.0 million issued; 338.5 and 337.9 million outstanding at April 2, 2021 and December 31, 2020, respectively	`CommonStockValue`	$3.40M	USD	Point-in-time
Common stock: $0.01 par value, 2.0 billion shares authorized; 339.7 and 339.0 million issued; 338.5 and 337.9 million outstanding at April 2, 2021 and December 31, 2020, respectively	`CommonStockValue`	$3.40M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.56B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.55B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.62B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.55B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-174.80M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-141.10M	USD	Point-in-time
Total Fortive stockholders equity	`StockholdersEquity`	$8.96B	USD	Point-in-time
Total Fortive stockholders equity	`StockholdersEquity`	$9.01B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$7.70M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$8.50M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.97B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.02B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$16.05B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$14.28B	USD	Point-in-time

Income Statement 50 line items

Line Item	Tag	Value	Unit	Period
Total sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.26B	USD	1 Quarter
Total sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.11B	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$496.10M	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$547.30M	USD	1 Quarter
Gross profit	`GrossProfit`	$612.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$711.90M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$415.80M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$428.10M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$80.80M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$86.20M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$115.40M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$197.60M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$38.60M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$27.70M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-104.90M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on investment in Vontier Corporation	`EquitySecuritiesFvNiRealizedGain`	$57.00M	USD	1 Quarter
Gain on investment in Vontier Corporation	`EquitySecuritiesFvNiRealizedGain`	-	USD	1 Quarter
Other non-operating expense, net	`OtherNonoperatingIncomeExpense`	$-4.50M	USD	1 Quarter
Other non-operating expense, net	`OtherNonoperatingIncomeExpense`	$-3.30M	USD	1 Quarter
Earnings from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$72.30M	USD	1 Quarter
Earnings from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$118.70M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$7.00M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$17.50M	USD	1 Quarter
Net earnings from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$54.80M	USD	1 Quarter
Net earnings from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$111.70M	USD	1 Quarter
Loss from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-12.90M	USD	1 Quarter
Loss from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-1.50M	USD	1 Quarter
Net earnings	`ProfitLoss`	$110.20M	USD	1 Quarter
Net earnings	`ProfitLoss`	$41.90M	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`	$92.90M	USD	1 Quarter
Net earnings per common share from continuing operations - Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.28	USD	1 Quarter
Net earnings per common share from continuing operations - Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.11	USD	1 Quarter
Net earnings per common share from continuing operations - Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.11	USD	1 Quarter
Net earnings per common share from continuing operations - Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.28	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`	$-0.04	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`	$-0.04	USD	1 Quarter
Net earnings per share - Basic (in dollars per share)	`EarningsPerShareBasic`	$0.27	USD	1 Quarter
Net earnings per share - Basic (in dollars per share)	`EarningsPerShareBasic`	$0.07	USD	1 Quarter
Net earnings per share - Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.27	USD	1 Quarter
Net earnings per share - Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.07	USD	1 Quarter
Average common stock and common equivalent shares outstanding - Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	336.80M	shares	1 Quarter
Average common stock and common equivalent shares outstanding - Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	338.60M	shares	1 Quarter
Average common stock and common equivalent shares outstanding - Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	340.00M	shares	1 Quarter
Average common stock and common equivalent shares outstanding - Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	341.70M	shares	1 Quarter

Cash Flow Statement 69 line items

Line Item	Tag	Value	Unit	Period
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$1.00M	USD	1 Quarter
Net earnings from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$54.80M	USD	1 Quarter
Net earnings from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$111.70M	USD	1 Quarter
Gain on investment in Vontier Corporation	`EquitySecuritiesFvNiRealizedGain`	$57.00M	USD	1 Quarter
Gain on investment in Vontier Corporation	`EquitySecuritiesFvNiRealizedGain`	-	USD	1 Quarter
Depreciation	`Depreciation`	$19.50M	USD	1 Quarter
Depreciation	`Depreciation`	$20.20M	USD	1 Quarter
Amortization	`AdjustmentForAmortization`	$78.20M	USD	1 Quarter
Amortization	`AdjustmentForAmortization`	$77.50M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$12.80M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$16.60M	USD	1 Quarter
Loss on extinguishment of debt	`GainLossOnExtinguishmentOfDebtNoncash`	$-104.20M	USD	1 Quarter
Loss on extinguishment of debt	`GainLossOnExtinguishmentOfDebtNoncash`	-	USD	1 Quarter
Change in trade accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$26.90M	USD	1 Quarter
Change in trade accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-6.00M	USD	1 Quarter
Change in inventories	`IncreaseDecreaseInInventories`	$5.20M	USD	1 Quarter
Change in inventories	`IncreaseDecreaseInInventories`	$3.80M	USD	1 Quarter
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$12.70M	USD	1 Quarter
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-13.00M	USD	1 Quarter
Change in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-3.80M	USD	1 Quarter
Change in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-14.30M	USD	1 Quarter
Change in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-80.60M	USD	1 Quarter
Change in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-72.10M	USD	1 Quarter
Total operating cash provided by continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$152.00M	USD	1 Quarter
Total operating cash provided by continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$121.70M	USD	1 Quarter
Total operating cash provided by (used in) discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$69.30M	USD	1 Quarter
Total operating cash provided by (used in) discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-7.20M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$191.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$144.80M	USD	1 Quarter
Payments for additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.40M	USD	1 Quarter
Payments for additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$26.20M	USD	1 Quarter
Cash paid for acquisitions, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.10M	USD	1 Quarter
Cash paid for acquisitions, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$200.00K	USD	1 Quarter
Total investing cash used in continuing operations	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-27.30M	USD	1 Quarter
Total investing cash used in continuing operations	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-8.60M	USD	1 Quarter
Total investing cash used in discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$-16.90M	USD	1 Quarter
Total investing cash used in discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-8.60M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-44.20M	USD	1 Quarter
Net repayments of commercial paper borrowings	`RepaymentsOfCommercialPaper`	$382.80M	USD	1 Quarter
Net repayments of commercial paper borrowings	`RepaymentsOfCommercialPaper`	-	USD	1 Quarter
Proceeds from borrowings (maturities longer than 90 days), net of issuance costs of $1 million in 2020	`ProceedsFromDebtMaturingInMoreThanThreeMonths`	$373.80M	USD	1 Quarter
Proceeds from borrowings (maturities longer than 90 days), net of issuance costs of $1 million in 2020	`ProceedsFromDebtMaturingInMoreThanThreeMonths`	-	USD	1 Quarter
Repayment of borrowings (maturities greater than 90 days)	`RepaymentsOfDebtMaturingInMoreThanThreeMonths`	$611.10M	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`	$23.70M	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`	$300.00K	USD	1 Quarter
All other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.80M	USD	1 Quarter
Total financing cash used in continuing operations	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-282.20M	USD	1 Quarter
Total financing cash used in continuing operations	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-654.90M	USD	1 Quarter
Total financing cash used in discontinued operations	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	-	USD	1 Quarter
Total financing cash used in discontinued operations	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	$-1.00M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-654.90M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-283.20M	USD	1 Quarter
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-6.50M	USD	1 Quarter
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-28.30M	USD	1 Quarter
Net change in cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-164.70M	USD	1 Quarter
Net change in cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-525.20M	USD	1 Quarter
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.82B	USD	Point-in-time
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.30B	USD	Point-in-time
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.04B	USD	Point-in-time
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.21B	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.82B	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.30B	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.04B	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.21B	USD	Point-in-time

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.97B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.02B	USD	Point-in-time
Net earnings for the period	`ProfitLoss`	$110.20M	USD	1 Quarter
Net earnings for the period	`ProfitLoss`	$41.90M	USD	1 Quarter
Dividends to common shareholders	`DividendsCommonStockCash`	$23.70M	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`	$-33.70M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.97B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.02B	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$110.20M	USD	1 Quarter
Net earnings	`ProfitLoss`	$41.90M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-34.70M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-136.30M	USD	1 Quarter
Pension adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$1.00M	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`	$-33.70M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-95.40M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$76.50M	USD	1 Quarter

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