10-Q Filing

FORTIVE CORP CIK: 1659166 Q1 2024

Filing Information

Form Type	10-Q
Accession Number	`0001659166-24-000108`
Period End Date	20240331
Filing Date	20240424
Fiscal Year	2024
Fiscal Period	Q1
XBRL Instance	ftv-20240329_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 136 Income Statement 64 Cash Flow Statement 108 Stockholders Equity 28 Comprehensive Income 20

Balance Sheet 136 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$39.20M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$39.20M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$33.10M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$33.10M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$793.10M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$793.10M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$809.00M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$809.00M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$704.60M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$704.60M	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
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`	$1.89B	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.89B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
Accounts receivable less allowance for doubtful accounts of $33.1 and $39.2, respectively	`AccountsReceivableNetCurrent`	$962.60M	USD	Point-in-time
Accounts receivable less allowance for doubtful accounts of $33.1 and $39.2, respectively	`AccountsReceivableNetCurrent`	$962.60M	USD	Point-in-time
Accounts receivable less allowance for doubtful accounts of $33.1 and $39.2, respectively	`AccountsReceivableNetCurrent`	$960.80M	USD	Point-in-time
Accounts receivable less allowance for doubtful accounts of $33.1 and $39.2, respectively	`AccountsReceivableNetCurrent`	$960.80M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	363.70M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	363.70M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	365.30M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	365.30M	shares	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$226.60M	USD	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$226.60M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	350.70M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	350.70M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	352.00M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	352.00M	shares	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$214.10M	USD	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$214.10M	USD	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$113.90M	USD	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$113.90M	USD	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$108.90M	USD	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$108.90M	USD	Point-in-time
Raw materials	`InventoryRawMaterialsNetOfReserves`	$240.30M	USD	Point-in-time
Raw materials	`InventoryRawMaterialsNetOfReserves`	$240.30M	USD	Point-in-time
Raw materials	`InventoryRawMaterialsNetOfReserves`	$213.90M	USD	Point-in-time
Raw materials	`InventoryRawMaterialsNetOfReserves`	$213.90M	USD	Point-in-time
Inventories	`InventoryNet`	$580.80M	USD	Point-in-time
Inventories	`InventoryNet`	$580.80M	USD	Point-in-time
Inventories	`InventoryNet`	$536.90M	USD	Point-in-time
Inventories	`InventoryNet`	$536.90M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$365.90M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$365.90M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$285.10M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$285.10M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.61B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.61B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.67B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.67B	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $793.1 and $809.0, respectively	`PropertyPlantAndEquipmentNet`	$439.80M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $793.1 and $809.0, respectively	`PropertyPlantAndEquipmentNet`	$439.80M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $793.1 and $809.0, respectively	`PropertyPlantAndEquipmentNet`	$422.70M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $793.1 and $809.0, respectively	`PropertyPlantAndEquipmentNet`	$422.70M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$518.90M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$518.90M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$536.20M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$536.20M	USD	Point-in-time
Goodwill	`Goodwill`	$9.12B	USD	Point-in-time
Goodwill	`Goodwill`	$9.12B	USD	Point-in-time
Goodwill	`Goodwill`	$10.23B	USD	Point-in-time
Goodwill	`Goodwill`	$10.23B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$3.16B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$3.16B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$3.71B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$3.71B	USD	Point-in-time
Total assets	`Assets`	$16.91B	USD	Point-in-time
Total assets	`Assets`	$16.91B	USD	Point-in-time
Total assets	`Assets`	$17.52B	USD	Point-in-time
Total assets	`Assets`	$17.52B	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$667.20M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$667.20M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$608.60M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$608.60M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$1.07B	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$1.07B	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$1.18B	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$1.18B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.79B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.79B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.74B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.74B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.15B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.15B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.36B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.36B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$3.94B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$3.94B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$3.65B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$3.65B	USD	Point-in-time
Commitments and Contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 9)	`CommitmentsAndContingencies`	-	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; 365.3 and 363.7 issued; 352.0 and 350.7 outstanding, respectively	`CommonStockValue`	$3.70M	USD	Point-in-time
Common stock: $0.01 par value, 2.0 billion shares authorized; 365.3 and 363.7 issued; 352.0 and 350.7 outstanding, respectively	`CommonStockValue`	$3.70M	USD	Point-in-time
Common stock: $0.01 par value, 2.0 billion shares authorized; 365.3 and 363.7 issued; 352.0 and 350.7 outstanding, respectively	`CommonStockValue`	$3.60M	USD	Point-in-time
Common stock: $0.01 par value, 2.0 billion shares authorized; 365.3 and 363.7 issued; 352.0 and 350.7 outstanding, respectively	`CommonStockValue`	$3.60M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.91B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.91B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.85B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.85B	USD	Point-in-time
Treasury shares, at cost	`TreasuryStockCommonValue`	$715.80M	USD	Point-in-time
Treasury shares, at cost	`TreasuryStockCommonValue`	$715.80M	USD	Point-in-time
Treasury shares, at cost	`TreasuryStockCommonValue`	$715.80M	USD	Point-in-time
Treasury shares, at cost	`TreasuryStockCommonValue`	$715.80M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$7.69B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$7.69B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$7.51B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$7.51B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-402.50M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-402.50M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-326.10M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-326.10M	USD	Point-in-time
Total Fortive stockholders equity	`StockholdersEquity`	$10.48B	USD	Point-in-time
Total Fortive stockholders equity	`StockholdersEquity`	$10.48B	USD	Point-in-time
Total Fortive stockholders equity	`StockholdersEquity`	$10.32B	USD	Point-in-time
Total Fortive stockholders equity	`StockholdersEquity`	$10.32B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$6.40M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$6.40M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$6.40M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$6.40M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.48B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.48B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.33B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.33B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$16.91B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$16.91B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$17.52B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$17.52B	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Total sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.52B	USD	1 Quarter
Total sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.52B	USD	1 Quarter
Total sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.46B	USD	1 Quarter
Total sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.46B	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$612.50M	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$612.50M	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$620.30M	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$620.30M	USD	1 Quarter
Gross profit	`GrossProfit`	$904.20M	USD	1 Quarter
Gross profit	`GrossProfit`	$904.20M	USD	1 Quarter
Gross profit	`GrossProfit`	$848.20M	USD	1 Quarter
Gross profit	`GrossProfit`	$848.20M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$507.70M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$507.70M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$561.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$561.00M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$104.10M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$104.10M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$100.10M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$100.10M	USD	1 Quarter
Gain on sale of property	`GainLossOnSaleOfPropertyPlantEquipment`	$63.10M	USD	1 Quarter
Gain on sale of property	`GainLossOnSaleOfPropertyPlantEquipment`	$63.10M	USD	1 Quarter
Gain on sale of property	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	1 Quarter
Gain on sale of property	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$302.20M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$302.20M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$240.40M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$240.40M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$44.00M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$44.00M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$32.10M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$32.10M	USD	1 Quarter
Other non-operating expense, net	`OtherNonoperatingIncomeExpense`	$-24.20M	USD	1 Quarter
Other non-operating expense, net	`OtherNonoperatingIncomeExpense`	$-24.20M	USD	1 Quarter
Other non-operating expense, net	`OtherNonoperatingIncomeExpense`	$-2.50M	USD	1 Quarter
Other non-operating expense, net	`OtherNonoperatingIncomeExpense`	$-2.50M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$234.00M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$234.00M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$205.80M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$205.80M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$26.60M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$26.60M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$32.20M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$32.20M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$173.60M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$173.60M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$207.40M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$207.40M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.49	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.49	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.59	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.59	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.49	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.49	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.58	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.58	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	351.70M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	351.70M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	353.60M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	353.60M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	356.50M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	356.50M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	356.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	356.00M	shares	1 Quarter

Cash Flow Statement 108 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$207.40M	USD	1 Quarter
Net earnings	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$207.40M	USD	1 Quarter
Net earnings	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$173.60M	USD	1 Quarter
Net earnings	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$173.60M	USD	1 Quarter
Amortization	`AdjustmentForAmortization`	$113.70M	USD	1 Quarter
Amortization	`AdjustmentForAmortization`	$113.70M	USD	1 Quarter
Amortization	`AdjustmentForAmortization`	$92.40M	USD	1 Quarter
Amortization	`AdjustmentForAmortization`	$92.40M	USD	1 Quarter
Depreciation	`Depreciation`	$20.40M	USD	1 Quarter
Depreciation	`Depreciation`	$20.40M	USD	1 Quarter
Depreciation	`Depreciation`	$23.10M	USD	1 Quarter
Depreciation	`Depreciation`	$23.10M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$26.70M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$26.70M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$28.90M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$28.90M	USD	1 Quarter
Gain on sale of property	`GainLossOnSaleOfPropertyPlantEquipment`	$63.10M	USD	1 Quarter
Gain on sale of property	`GainLossOnSaleOfPropertyPlantEquipment`	$63.10M	USD	1 Quarter
Gain on sale of property	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	1 Quarter
Gain on sale of property	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	1 Quarter
Change in trade accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-21.50M	USD	1 Quarter
Change in trade accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-21.50M	USD	1 Quarter
Change in trade accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-8.80M	USD	1 Quarter
Change in trade accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-8.80M	USD	1 Quarter
Change in inventories	`IncreaseDecreaseInInventories`	$13.10M	USD	1 Quarter
Change in inventories	`IncreaseDecreaseInInventories`	$13.10M	USD	1 Quarter
Change in inventories	`IncreaseDecreaseInInventories`	$33.60M	USD	1 Quarter
Change in inventories	`IncreaseDecreaseInInventories`	$33.60M	USD	1 Quarter
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-32.30M	USD	1 Quarter
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-32.30M	USD	1 Quarter
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$56.10M	USD	1 Quarter
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$56.10M	USD	1 Quarter
Change in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.80M	USD	1 Quarter
Change in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.80M	USD	1 Quarter
Change in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$16.30M	USD	1 Quarter
Change in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$16.30M	USD	1 Quarter
Change in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-78.00M	USD	1 Quarter
Change in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-78.00M	USD	1 Quarter
Change in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-103.30M	USD	1 Quarter
Change in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-103.30M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$174.40M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$174.40M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$256.70M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$256.70M	USD	1 Quarter
Cash paid for acquisitions, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.72B	USD	1 Quarter
Cash paid for acquisitions, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.72B	USD	1 Quarter
Cash paid for acquisitions, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Cash paid for acquisitions, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Payments for additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$26.40M	USD	1 Quarter
Payments for additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$26.40M	USD	1 Quarter
Payments for additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$24.80M	USD	1 Quarter
Payments for additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$24.80M	USD	1 Quarter
Proceeds from sale of property	`ProceedsFromSaleOfOtherAssetsInvestingActivities`	$10.80M	USD	1 Quarter
Proceeds from sale of property	`ProceedsFromSaleOfOtherAssetsInvestingActivities`	$10.80M	USD	1 Quarter
Proceeds from sale of property	`ProceedsFromSaleOfOtherAssetsInvestingActivities`	-	USD	1 Quarter
Proceeds from sale of property	`ProceedsFromSaleOfOtherAssetsInvestingActivities`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-24.80M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-24.80M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.74B	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.74B	USD	1 Quarter
Net proceeds from (repayments of) commercial paper borrowings	`ProceedsFromRepaymentsOfCommercialPaper`	$-426.80M	USD	1 Quarter
Net proceeds from (repayments of) commercial paper borrowings	`ProceedsFromRepaymentsOfCommercialPaper`	$-426.80M	USD	1 Quarter
Net proceeds from (repayments of) commercial paper borrowings	`ProceedsFromRepaymentsOfCommercialPaper`	$-159.30M	USD	1 Quarter
Net proceeds from (repayments of) commercial paper borrowings	`ProceedsFromRepaymentsOfCommercialPaper`	$-159.30M	USD	1 Quarter
Proceeds from borrowings (maturities greater than 90 days), net of issuance costs	`ProceedsFromDebtMaturingInMoreThanThreeMonths`	-	USD	1 Quarter
Proceeds from borrowings (maturities greater than 90 days), net of issuance costs	`ProceedsFromDebtMaturingInMoreThanThreeMonths`	-	USD	1 Quarter
Proceeds from borrowings (maturities greater than 90 days), net of issuance costs	`ProceedsFromDebtMaturingInMoreThanThreeMonths`	$1.74B	USD	1 Quarter
Proceeds from borrowings (maturities greater than 90 days), net of issuance costs	`ProceedsFromDebtMaturingInMoreThanThreeMonths`	$1.74B	USD	1 Quarter
Repayment of borrowings (maturities greater than 90 days)	`RepaymentsOfDebtMaturingInMoreThanThreeMonths`	$1.00B	USD	1 Quarter
Repayment of borrowings (maturities greater than 90 days)	`RepaymentsOfDebtMaturingInMoreThanThreeMonths`	$1.00B	USD	1 Quarter
Repayment of borrowings (maturities greater than 90 days)	`RepaymentsOfDebtMaturingInMoreThanThreeMonths`	-	USD	1 Quarter
Repayment of borrowings (maturities greater than 90 days)	`RepaymentsOfDebtMaturingInMoreThanThreeMonths`	-	USD	1 Quarter
Payment of dividends	`PaymentsOfDividendsCommonStock`	$24.70M	USD	1 Quarter
Payment of dividends	`PaymentsOfDividendsCommonStock`	$24.70M	USD	1 Quarter
Payment of dividends	`PaymentsOfDividendsCommonStock`	$28.10M	USD	1 Quarter
Payment of dividends	`PaymentsOfDividendsCommonStock`	$28.10M	USD	1 Quarter
All other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-3.10M	USD	1 Quarter
All other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-3.10M	USD	1 Quarter
All other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$25.40M	USD	1 Quarter
All other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$25.40M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$306.90M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$306.90M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-187.10M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-187.10M	USD	1 Quarter
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-10.40M	USD	1 Quarter
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-10.40M	USD	1 Quarter
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.10M	USD	1 Quarter
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.10M	USD	1 Quarter
Net change in cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.18B	USD	1 Quarter
Net change in cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.18B	USD	1 Quarter
Net change in cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-36.40M	USD	1 Quarter
Net change in cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-36.40M	USD	1 Quarter
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$709.20M	USD	Point-in-time
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$709.20M	USD	Point-in-time
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$704.60M	USD	Point-in-time
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$704.60M	USD	Point-in-time
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$672.80M	USD	Point-in-time
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$672.80M	USD	Point-in-time
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.89B	USD	Point-in-time
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.89B	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$709.20M	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$709.20M	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$704.60M	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$704.60M	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$672.80M	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$672.80M	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.89B	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.89B	USD	Point-in-time

Stockholders Equity 28 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	350.70M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	350.70M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	352.00M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	352.00M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.48B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.48B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.33B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.33B	USD	Point-in-time
Net earnings for the period	`NetIncomeLoss`	$173.60M	USD	1 Quarter
Net earnings for the period	`NetIncomeLoss`	$173.60M	USD	1 Quarter
Net earnings for the period	`NetIncomeLoss`	$207.40M	USD	1 Quarter
Net earnings for the period	`NetIncomeLoss`	$207.40M	USD	1 Quarter
Dividends to common shareholders	`DividendsCommonStockCash`	$24.70M	USD	1 Quarter
Dividends to common shareholders	`DividendsCommonStockCash`	$24.70M	USD	1 Quarter
Dividends to common shareholders	`DividendsCommonStockCash`	$28.10M	USD	1 Quarter
Dividends to common shareholders	`DividendsCommonStockCash`	$28.10M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-76.40M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-76.40M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$13.40M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$13.40M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	350.70M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	350.70M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	352.00M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	352.00M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.48B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.48B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.33B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.33B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$173.60M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$173.60M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$207.40M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$207.40M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$13.40M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$13.40M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-76.50M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-76.50M	USD	1 Quarter
Pension adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-100.00K	USD	1 Quarter
Pension adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-100.00K	USD	1 Quarter
Pension adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	1 Quarter
Pension adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	1 Quarter
Total other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-76.40M	USD	1 Quarter
Total other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-76.40M	USD	1 Quarter
Total other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$13.40M	USD	1 Quarter
Total other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$13.40M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$131.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$131.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$187.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$187.00M	USD	1 Quarter

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