10-Q Filing

FORTIVE CORP CIK: 1659166 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001659166-23-000232`
Period End Date	20230930
Filing Date	20231025
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	ftv-20230929_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 64 Cash Flow Statement 62 Stockholders Equity 24 Comprehensive Income 20

Balance Sheet 70 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$43.90M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$39.60M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$803.00M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$754.50M	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
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$709.20M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$714.10M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
Trade accounts receivable less allowance for doubtful accounts of $39.6 at September 29, 2023 and $43.9 at December 31, 2022	`AccountsReceivableNetCurrent`	$958.50M	USD	Point-in-time
Trade accounts receivable less allowance for doubtful accounts of $39.6 at September 29, 2023 and $43.9 at December 31, 2022	`AccountsReceivableNetCurrent`	$925.40M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	363.40M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	361.50M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	351.40M	shares	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$215.30M	USD	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$222.70M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	352.90M	shares	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$110.70M	USD	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$96.40M	USD	Point-in-time
Raw materials	`InventoryRawMaterialsNetOfReserves`	$219.10M	USD	Point-in-time
Raw materials	`InventoryRawMaterialsNetOfReserves`	$225.00M	USD	Point-in-time
Inventories	`InventoryNet`	$536.70M	USD	Point-in-time
Inventories	`InventoryNet`	$552.50M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$272.60M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$277.30M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.47B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.48B	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $803.0 at September 29, 2023 and $754.5 at December 31, 2022	`PropertyPlantAndEquipmentNet`	$430.80M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $803.0 at September 29, 2023 and $754.5 at December 31, 2022	`PropertyPlantAndEquipmentNet`	$421.90M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$455.80M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$479.30M	USD	Point-in-time
Goodwill	`Goodwill`	$9.05B	USD	Point-in-time
Goodwill	`Goodwill`	$9.06B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$3.49B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$3.23B	USD	Point-in-time
Total assets	`Assets`	$15.89B	USD	Point-in-time
Total assets	`Assets`	$15.66B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$999.70M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$749.90M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$574.80M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$623.00M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$1.10B	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$1.10B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.42B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.73B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.18B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.22B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.25B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.98B	USD	Point-in-time
Commitments and Contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock: $0.01 par value, 2.0 billion shares authorized; 363.4 million issued and 351.4 million outstanding at September 29, 2023; 361.5 million issued and 352.9 million outstanding at December 31, 2022	`CommonStockValue`	$3.60M	USD	Point-in-time
Common stock: $0.01 par value, 2.0 billion shares authorized; 363.4 million issued and 351.4 million outstanding at September 29, 2023; 361.5 million issued and 352.9 million outstanding at December 31, 2022	`CommonStockValue`	$3.60M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.82B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.71B	USD	Point-in-time
Treasury shares, at cost	`TreasuryStockCommonValue`	$442.90M	USD	Point-in-time
Treasury shares, at cost	`TreasuryStockCommonValue`	$650.80M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$7.27B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$6.74B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-365.80M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-325.70M	USD	Point-in-time
Total Fortive stockholders equity	`StockholdersEquity`	$9.68B	USD	Point-in-time
Total Fortive stockholders equity	`StockholdersEquity`	$10.08B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$5.20M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$5.80M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.08B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.69B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$15.66B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$15.89B	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Total sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.49B	USD	1 Quarter
Total sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.30B	USD	3 Qtrs
Total sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.48B	USD	3 Qtrs
Total sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.46B	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$601.50M	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$1.83B	USD	3 Qtrs
Total cost of sales	`CostOfGoodsAndServicesSold`	$610.60M	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$1.82B	USD	3 Qtrs
Gross profit	`GrossProfit`	$845.40M	USD	1 Quarter
Gross profit	`GrossProfit`	$2.65B	USD	3 Qtrs
Gross profit	`GrossProfit`	$2.47B	USD	3 Qtrs
Gross profit	`GrossProfit`	$893.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$503.50M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.46B	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$491.30M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.53B	USD	3 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$298.60M	USD	3 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$101.10M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$300.30M	USD	3 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$98.40M	USD	1 Quarter
Russia exit and wind down costs	`UnusualOrInfrequentItemOrBothExitAndWindDownCosts`	$1.10M	USD	1 Quarter
Russia exit and wind down costs	`UnusualOrInfrequentItemOrBothExitAndWindDownCosts`	-	USD	1 Quarter
Russia exit and wind down costs	`UnusualOrInfrequentItemOrBothExitAndWindDownCosts`	-	USD	3 Qtrs
Russia exit and wind down costs	`UnusualOrInfrequentItemOrBothExitAndWindDownCosts`	$17.30M	USD	3 Qtrs
Operating profit	`OperatingIncomeLoss`	$291.10M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$822.80M	USD	3 Qtrs
Operating profit	`OperatingIncomeLoss`	$251.90M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$696.50M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$29.80M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$95.00M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$66.20M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$26.40M	USD	1 Quarter
Other non-operating expense, net	`OtherNonoperatingIncomeExpense`	$-14.50M	USD	3 Qtrs
Other non-operating expense, net	`OtherNonoperatingIncomeExpense`	$-4.20M	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
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$257.10M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$217.50M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$713.30M	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$616.50M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$112.70M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$39.10M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$27.60M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$88.50M	USD	3 Qtrs
Net earnings	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$528.00M	USD	3 Qtrs
Net earnings	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$189.90M	USD	1 Quarter
Net earnings	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$600.60M	USD	3 Qtrs
Net earnings	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$218.00M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.53	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.48	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.70	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.62	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.69	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.53	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.61	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.46	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	352.10M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	357.30M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	355.20M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	352.90M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	356.10M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	362.00M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	357.90M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	356.00M	shares	3 Qtrs

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$528.00M	USD	3 Qtrs
Net earnings	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$189.90M	USD	1 Quarter
Net earnings	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$600.60M	USD	3 Qtrs
Net earnings	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$218.00M	USD	1 Quarter
Amortization	`AdjustmentForAmortization`	$287.40M	USD	3 Qtrs
Amortization	`AdjustmentForAmortization`	$277.20M	USD	3 Qtrs
Depreciation	`Depreciation`	$63.90M	USD	3 Qtrs
Depreciation	`Depreciation`	$61.60M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$85.20M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$67.90M	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
Change in trade accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-25.00M	USD	3 Qtrs
Change in trade accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$21.40M	USD	3 Qtrs
Change in inventories	`IncreaseDecreaseInInventories`	$73.20M	USD	3 Qtrs
Change in inventories	`IncreaseDecreaseInInventories`	$21.70M	USD	3 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$46.60M	USD	3 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-45.70M	USD	3 Qtrs
Change in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$32.90M	USD	3 Qtrs
Change in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$55.40M	USD	3 Qtrs
Change in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-11.70M	USD	3 Qtrs
Change in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-44.80M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$906.80M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$839.00M	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`	$73.70M	USD	3 Qtrs
Cash paid for acquisitions, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$57.70M	USD	3 Qtrs
Cash paid for acquisitions, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$15.20M	USD	3 Qtrs
Proceeds from sale of property	`ProceedsFromSaleOfOtherAssetsInvestingActivities`	$7.20M	USD	3 Qtrs
Proceeds from sale of property	`ProceedsFromSaleOfOtherAssetsInvestingActivities`	-	USD	3 Qtrs
Proceeds from sale of business	`ProceedsFromDivestitureOfBusinesses`	-	USD	3 Qtrs
Proceeds from sale of business	`ProceedsFromDivestitureOfBusinesses`	$6.60M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-68.30M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-124.20M	USD	3 Qtrs
Net proceeds from (repayments of) commercial paper borrowings	`ProceedsFromRepaymentsOfCommercialPaper`	$-252.60M	USD	3 Qtrs
Net proceeds from (repayments of) commercial paper borrowings	`ProceedsFromRepaymentsOfCommercialPaper`	$381.30M	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
Repayment of borrowings (maturities greater than 90 days)	`RepaymentsOfDebtMaturingInMoreThanThreeMonths`	-	USD	3 Qtrs
Repayment of borrowings (maturities greater than 90 days)	`RepaymentsOfDebtMaturingInMoreThanThreeMonths`	$250.00M	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`	$207.90M	USD	3 Qtrs
Repurchase of common shares	`PaymentsForRepurchaseOfCommonStock`	$376.10M	USD	3 Qtrs
Payment of dividends	`PaymentsOfDividendsCommonStock`	$74.80M	USD	3 Qtrs
Payment of dividends	`PaymentsOfDividendsCommonStock`	$73.90M	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`	$-766.30M	USD	3 Qtrs
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-11.40M	USD	3 Qtrs
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-46.30M	USD	3 Qtrs
Net change in cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-114.00M	USD	3 Qtrs
Net change in cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$4.90M	USD	3 Qtrs
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$819.30M	USD	Point-in-time
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$709.20M	USD	Point-in-time
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$705.30M	USD	Point-in-time
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$714.10M	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$819.30M	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$709.20M	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$705.30M	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$714.10M	USD	Point-in-time

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	351.40M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	352.90M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.08B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.69B	USD	Point-in-time
Net earnings	`ProfitLoss`	$600.60M	USD	3 Qtrs
Net earnings	`ProfitLoss`	$528.00M	USD	3 Qtrs
Net earnings	`ProfitLoss`	$218.00M	USD	1 Quarter
Net earnings	`ProfitLoss`	$189.90M	USD	1 Quarter
Dividends to common shareholders	`DividendsCommonStockCash`	$24.60M	USD	1 Quarter
Dividends to common shareholders	`DividendsCommonStockCash`	$24.90M	USD	1 Quarter
Dividends to common shareholders	`DividendsCommonStockCash`	$25.10M	USD	1 Quarter
Dividends to common shareholders	`DividendsCommonStockCash`	$24.70M	USD	1 Quarter
Dividends to common shareholders	`DividendsCommonStockCash`	$73.90M	USD	3 Qtrs
Dividends to common shareholders	`DividendsCommonStockCash`	$24.80M	USD	1 Quarter
Dividends to common shareholders	`DividendsCommonStockCash`	$74.80M	USD	3 Qtrs
Dividends to common shareholders	`DividendsCommonStockCash`	$24.60M	USD	1 Quarter
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`	$-45.90M	USD	1 Quarter
Total other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-40.10M	USD	3 Qtrs
Total other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-111.60M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	351.40M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	352.90M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.08B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.69B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$600.60M	USD	3 Qtrs
Net earnings	`ProfitLoss`	$528.00M	USD	3 Qtrs
Net earnings	`ProfitLoss`	$218.00M	USD	1 Quarter
Net earnings	`ProfitLoss`	$189.90M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-40.00M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-112.40M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-270.40M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-46.00M	USD	1 Quarter
Pension adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-100.00K	USD	1 Quarter
Pension adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.70M	USD	3 Qtrs
Pension adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-800.00K	USD	1 Quarter
Pension adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$100.00K	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`	$-45.90M	USD	1 Quarter
Total other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-40.10M	USD	3 Qtrs
Total other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-111.60M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$560.50M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$78.30M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$259.30M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$172.10M	USD	1 Quarter

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