10-Q Filing

FORTIVE CORP CIK: 1659166 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001659166-22-000190`
Period End Date	20220930
Filing Date	20221026
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	ftv-20220930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 108 Cash Flow Statement 78 Stockholders Equity 27 Comprehensive Income 20

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$679.00M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$740.60M	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`	$705.30M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$819.30M	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
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Trade accounts receivable, net	`AccountsReceivableNetCurrent`	$930.20M	USD	Point-in-time
Trade accounts receivable, net	`AccountsReceivableNetCurrent`	$901.00M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$228.50M	USD	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$215.40M	USD	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$94.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$105.10M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	361.40M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	360.40M	shares	Point-in-time
Raw materials	`InventoryRawMaterialsNetOfReserves`	$203.30M	USD	Point-in-time
Raw materials	`InventoryRawMaterialsNetOfReserves`	$226.90M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	353.80M	shares	Point-in-time
Inventories	`InventoryNet`	$560.50M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	359.10M	shares	Point-in-time
Inventories	`InventoryNet`	$512.70M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$252.70M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$281.10M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.45B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.51B	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $740.6 and $679.0 at September 30, 2022 and December 31, 2021, respectively	`PropertyPlantAndEquipmentNet`	$395.50M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $740.6 and $679.0 at September 30, 2022 and December 31, 2021, respectively	`PropertyPlantAndEquipmentNet`	$405.20M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$494.20M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$512.90M	USD	Point-in-time
Goodwill	`Goodwill`	$9.15B	USD	Point-in-time
Goodwill	`Goodwill`	$8.98B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$3.89B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$3.57B	USD	Point-in-time
Total assets	`Assets`	$16.47B	USD	Point-in-time
Total assets	`Assets`	$15.89B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$999.90M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$2.15B	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$557.90M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$572.60M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$1.02B	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$1.01B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.59B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.71B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.35B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.43B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.56B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.81B	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 and no shares issued or outstanding at September 30, 2022 and December 31, 2021	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock: $0.01 par value, 15.0 million shares authorized and no shares issued or outstanding at September 30, 2022 and December 31, 2021	`PreferredStockValue`	-	USD	Point-in-time
Common stock: $0.01 par value, 2.0 billion shares authorized; 361.4 and 360.4 million issued; 353.8 and 359.1 million outstanding at September 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$3.60M	USD	Point-in-time
Common stock: $0.01 par value, 2.0 billion shares authorized; 361.4 and 360.4 million issued; 353.8 and 359.1 million outstanding at September 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$3.60M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.68B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.67B	USD	Point-in-time
Treasury shares, at cost	`TreasuryStockValue`	$376.10M	USD	Point-in-time
Treasury shares, at cost	`TreasuryStockValue`	-	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$6.54B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$6.02B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-453.70M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-185.00M	USD	Point-in-time
Total Fortive stockholders equity	`StockholdersEquity`	$9.51B	USD	Point-in-time
Total Fortive stockholders equity	`StockholdersEquity`	$9.39B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$4.90M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$4.80M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.40B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.52B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$15.89B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$16.47B	USD	Point-in-time

Income Statement 108 line items

Line Item	Tag	Value	Unit	Period
Total sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.30B	USD	1 Quarter
Total sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.46B	USD	1 Quarter
Total sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.88B	USD	3 Qtrs
Total sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.30B	USD	3 Qtrs
Total cost of sales	`CostOfGoodsAndServicesSold`	$610.60M	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$1.67B	USD	3 Qtrs
Total cost of sales	`CostOfGoodsAndServicesSold`	$555.30M	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$1.82B	USD	3 Qtrs
Gross profit	`GrossProfit`	$2.47B	USD	3 Qtrs
Gross profit	`GrossProfit`	$2.21B	USD	3 Qtrs
Gross profit	`GrossProfit`	$745.70M	USD	1 Quarter
Gross profit	`GrossProfit`	$845.40M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.46B	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.34B	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$491.30M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$455.60M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$261.80M	USD	3 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$87.80M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$101.10M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$300.30M	USD	3 Qtrs
Russia exit and wind down costs	`UnusualOrInfrequentItemOrBothExitAndWindDownCosts`	-	USD	3 Qtrs
Russia exit and wind down costs	`UnusualOrInfrequentItemOrBothExitAndWindDownCosts`	$17.30M	USD	3 Qtrs
Russia exit and wind down costs	`UnusualOrInfrequentItemOrBothExitAndWindDownCosts`	-	USD	1 Quarter
Russia exit and wind down costs	`UnusualOrInfrequentItemOrBothExitAndWindDownCosts`	$1.10M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$251.90M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$202.30M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$611.20M	USD	3 Qtrs
Operating profit	`OperatingIncomeLoss`	$696.50M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$66.20M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$26.40M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$25.10M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$78.00M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-104.90M	USD	3 Qtrs
Gain on investment in Vontier Corporation	`EquitySecuritiesFvNiRealizedGain`	-	USD	1 Quarter
Gain on investment in Vontier Corporation	`EquitySecuritiesFvNiRealizedGain`	-	USD	3 Qtrs
Gain on investment in Vontier Corporation	`EquitySecuritiesFvNiRealizedGain`	-	USD	1 Quarter
Gain on investment in Vontier Corporation	`EquitySecuritiesFvNiRealizedGain`	$57.00M	USD	3 Qtrs
Gain on litigation resolution	`GainLossRelatedToLitigationSettlement`	-	USD	3 Qtrs
Gain on litigation resolution	`GainLossRelatedToLitigationSettlement`	-	USD	1 Quarter
Gain on litigation resolution	`GainLossRelatedToLitigationSettlement`	$26.00M	USD	3 Qtrs
Gain on litigation resolution	`GainLossRelatedToLitigationSettlement`	-	USD	1 Quarter
Other non-operating expense, net	`OtherNonoperatingIncomeExpense`	$-1.60M	USD	1 Quarter
Other non-operating expense, net	`OtherNonoperatingIncomeExpense`	$-8.00M	USD	1 Quarter
Other non-operating expense, net	`OtherNonoperatingIncomeExpense`	$-13.80M	USD	3 Qtrs
Other non-operating expense, net	`OtherNonoperatingIncomeExpense`	$-9.50M	USD	3 Qtrs
Earnings from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$501.80M	USD	3 Qtrs
Earnings from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$175.60M	USD	1 Quarter
Earnings from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$217.50M	USD	1 Quarter
Earnings from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$616.50M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$23.00M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$55.50M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$27.60M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$88.50M	USD	3 Qtrs
Net earnings from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$152.60M	USD	1 Quarter
Net earnings from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$528.00M	USD	3 Qtrs
Net earnings from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$189.90M	USD	1 Quarter
Net earnings from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$446.30M	USD	3 Qtrs
Earnings (loss) from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-300.00K	USD	1 Quarter
Earnings (loss) from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	3 Qtrs
Earnings (loss) from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	1 Quarter
Earnings (loss) from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-2.90M	USD	3 Qtrs
Net earnings	`ProfitLoss`	$189.90M	USD	1 Quarter
Net earnings	`ProfitLoss`	$443.40M	USD	3 Qtrs
Net earnings	`ProfitLoss`	$528.00M	USD	3 Qtrs
Net earnings	`ProfitLoss`	$152.30M	USD	1 Quarter
Mandatory convertible preferred dividends	`PreferredStockDividendsIncomeStatementImpact`	-	USD	1 Quarter
Mandatory convertible preferred dividends	`PreferredStockDividendsIncomeStatementImpact`	-	USD	1 Quarter
Mandatory convertible preferred dividends	`PreferredStockDividendsIncomeStatementImpact`	-	USD	3 Qtrs
Mandatory convertible preferred dividends	`PreferredStockDividendsIncomeStatementImpact`	$34.50M	USD	3 Qtrs
Net earnings attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$189.90M	USD	1 Quarter
Net earnings attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$408.90M	USD	3 Qtrs
Net earnings attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$528.00M	USD	3 Qtrs
Net earnings attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$152.30M	USD	1 Quarter
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.48	USD	3 Qtrs
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.19	USD	3 Qtrs
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.53	USD	1 Quarter
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.42	USD	1 Quarter
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.53	USD	1 Quarter
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.46	USD	3 Qtrs
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.18	USD	3 Qtrs
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.42	USD	1 Quarter
Basic (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	3 Qtrs
Basic (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Basic (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.01	USD	3 Qtrs
Basic (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Diluted (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	3 Qtrs
Diluted (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.01	USD	3 Qtrs
Diluted (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Diluted (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.53	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.18	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.48	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.42	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.53	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.46	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.17	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.42	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	345.60M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	358.90M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	357.30M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	355.20M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	362.00M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	362.20M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	348.80M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	357.90M	shares	1 Quarter

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net earnings from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$152.60M	USD	1 Quarter
Net earnings from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$528.00M	USD	3 Qtrs
Net earnings from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$189.90M	USD	1 Quarter
Net earnings from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$446.30M	USD	3 Qtrs
Amortization	`AdjustmentForAmortization`	$287.40M	USD	3 Qtrs
Amortization	`AdjustmentForAmortization`	$235.40M	USD	3 Qtrs
Depreciation	`Depreciation`	$56.10M	USD	3 Qtrs
Depreciation	`Depreciation`	$61.60M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$67.90M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$55.20M	USD	3 Qtrs
Russia exit and wind down costs	`UnusualOrInfrequentItemOrBothNoncashExitAndWindDownCosts`	-	USD	3 Qtrs
Russia exit and wind down costs	`UnusualOrInfrequentItemOrBothNoncashExitAndWindDownCosts`	$9.20M	USD	3 Qtrs
Loss on extinguishment of debt	`GainLossOnExtinguishmentOfDebtNoncash`	$-104.20M	USD	3 Qtrs
Loss on extinguishment of debt	`GainLossOnExtinguishmentOfDebtNoncash`	-	USD	3 Qtrs
Gain on investment in Vontier Corporation	`EquitySecuritiesFvNiRealizedGain`	-	USD	1 Quarter
Gain on investment in Vontier Corporation	`EquitySecuritiesFvNiRealizedGain`	-	USD	3 Qtrs
Gain on investment in Vontier Corporation	`EquitySecuritiesFvNiRealizedGain`	-	USD	1 Quarter
Gain on investment in Vontier Corporation	`EquitySecuritiesFvNiRealizedGain`	$57.00M	USD	3 Qtrs
Gain on litigation resolution	`GainLossRelatedToLitigationSettlement`	-	USD	3 Qtrs
Gain on litigation resolution	`GainLossRelatedToLitigationSettlement`	-	USD	1 Quarter
Gain on litigation resolution	`GainLossRelatedToLitigationSettlement`	$26.00M	USD	3 Qtrs
Gain on litigation resolution	`GainLossRelatedToLitigationSettlement`	-	USD	1 Quarter
Change in trade accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$20.40M	USD	3 Qtrs
Change in trade accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$21.40M	USD	3 Qtrs
Change in inventories	`IncreaseDecreaseInInventories`	$46.10M	USD	3 Qtrs
Change in inventories	`IncreaseDecreaseInInventories`	$73.20M	USD	3 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$14.80M	USD	3 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$46.60M	USD	3 Qtrs
Change in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$55.40M	USD	3 Qtrs
Change in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$61.50M	USD	3 Qtrs
Change in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-11.70M	USD	3 Qtrs
Change in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$4.90M	USD	3 Qtrs
Total operating cash provided by continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$705.90M	USD	3 Qtrs
Total operating cash provided by continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$839.00M	USD	3 Qtrs
Total operating cash used in discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	-	USD	3 Qtrs
Total operating cash used in discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-19.40M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$839.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$686.50M	USD	3 Qtrs
Cash paid for acquisitions, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$15.20M	USD	3 Qtrs
Cash paid for acquisitions, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.16B	USD	3 Qtrs
Payments for additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$59.70M	USD	3 Qtrs
Payments for additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$28.00M	USD	3 Qtrs
Proceeds from sale of business	`ProceedsFromDivestitureOfBusinesses`	$6.60M	USD	3 Qtrs
Proceeds from sale of business	`ProceedsFromDivestitureOfBusinesses`	-	USD	3 Qtrs
All other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	3 Qtrs
All other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-1.10M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-68.30M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.18B	USD	3 Qtrs
Proceeds from borrowings (maturities greater than 90 days), net of issuance costs	`ProceedsFromDebtMaturingInMoreThanThreeMonths`	$396.90M	USD	3 Qtrs
Proceeds from borrowings (maturities greater than 90 days), net of issuance costs	`ProceedsFromDebtMaturingInMoreThanThreeMonths`	-	USD	3 Qtrs
Net proceeds from commercial paper borrowings	`ProceedsFromRepaymentsOfCommercialPaper`	$381.30M	USD	3 Qtrs
Net proceeds from commercial paper borrowings	`ProceedsFromRepaymentsOfCommercialPaper`	$215.00M	USD	3 Qtrs
Payment of 0.875% convertible senior notes due 2022	`RepaymentsOfConvertibleDebt`	-	USD	3 Qtrs
Payment of 0.875% convertible senior notes due 2022	`RepaymentsOfConvertibleDebt`	$1.16B	USD	3 Qtrs
Repurchase of common shares	`PaymentsForRepurchaseOfCommonStock`	$376.10M	USD	3 Qtrs
Repurchase of common shares	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Payment of common stock cash dividend to shareholders	`PaymentsOfDividendsCommonStock`	$72.60M	USD	3 Qtrs
Payment of common stock cash dividend to shareholders	`PaymentsOfDividendsCommonStock`	$74.80M	USD	3 Qtrs
Repayment of borrowings (maturities greater than 90 days)	`RepaymentsOfDebtMaturingInMoreThanThreeMonths`	-	USD	3 Qtrs
Repayment of borrowings (maturities greater than 90 days)	`RepaymentsOfDebtMaturingInMoreThanThreeMonths`	$611.10M	USD	3 Qtrs
Payment of mandatory convertible preferred stock cash dividend to shareholders	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$34.50M	USD	3 Qtrs
Payment of mandatory convertible preferred stock cash dividend to shareholders	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	-	USD	3 Qtrs
All other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-9.20M	USD	3 Qtrs
All other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$18.10M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-838.40M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-485.10M	USD	3 Qtrs
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-46.30M	USD	3 Qtrs
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-4.20M	USD	3 Qtrs
Net change in cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-114.00M	USD	3 Qtrs
Net change in cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-986.40M	USD	3 Qtrs
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$819.30M	USD	Point-in-time
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$705.30M	USD	Point-in-time
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$838.40M	USD	Point-in-time
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.82B	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$819.30M	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$705.30M	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$838.40M	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.82B	USD	Point-in-time

Stockholders Equity 27 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.40B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.52B	USD	Point-in-time
Net earnings for the period	`ProfitLoss`	$189.90M	USD	1 Quarter
Net earnings for the period	`ProfitLoss`	$443.40M	USD	3 Qtrs
Net earnings for the period	`ProfitLoss`	$528.00M	USD	3 Qtrs
Net earnings for the period	`ProfitLoss`	$152.30M	USD	1 Quarter
Dividends to common shareholders	`DividendsCommonStockCash`	$72.60M	USD	3 Qtrs
Dividends to common shareholders	`DividendsCommonStockCash`	$74.80M	USD	3 Qtrs
Dividends to common shareholders	`DividendsCommonStockCash`	$25.10M	USD	1 Quarter
Dividends to common shareholders	`DividendsCommonStockCash`	$23.70M	USD	1 Quarter
Dividends to common shareholders	`DividendsCommonStockCash`	$23.70M	USD	1 Quarter
Dividends to common shareholders	`DividendsCommonStockCash`	$24.90M	USD	1 Quarter
Dividends to common shareholders	`DividendsCommonStockCash`	$25.20M	USD	1 Quarter
Dividends to common shareholders	`DividendsCommonStockCash`	$24.80M	USD	1 Quarter
Mandatory convertible preferred stock cumulative dividends	`DividendsPreferredStockCash`	$34.50M	USD	3 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	3 Qtrs
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	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-111.60M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-51.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-268.70M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-34.80M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.40B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.52B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$189.90M	USD	1 Quarter
Net earnings	`ProfitLoss`	$443.40M	USD	3 Qtrs
Net earnings	`ProfitLoss`	$528.00M	USD	3 Qtrs
Net earnings	`ProfitLoss`	$152.30M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-53.80M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-35.70M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-270.40M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-112.40M	USD	1 Quarter
Pension adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-800.00K	USD	1 Quarter
Pension adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-2.80M	USD	3 Qtrs
Pension adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-900.00K	USD	1 Quarter
Pension adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.70M	USD	3 Qtrs
Total other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-111.60M	USD	1 Quarter
Total other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-51.00M	USD	3 Qtrs
Total other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-268.70M	USD	3 Qtrs
Total other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-34.80M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$78.30M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$117.50M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$392.40M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$259.30M	USD	3 Qtrs

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