10-Q Filing

ARROW ELECTRONICS, INC. CIK: 7536 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001859644-23-000012`
Period End Date	20230630
Filing Date	20230803
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	arw-20230701_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 75 Income Statement 86 Cash Flow Statement 69 Stockholders Equity 38 Comprehensive Income 40

Balance Sheet 75 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$225.60M	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$240.38M	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$176.91M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$11.04B	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$12.32B	USD	Point-in-time
Inventories	`InventoryNet`	$5.45B	USD	Point-in-time
Inventories	`InventoryNet`	$5.32B	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$402.73M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$521.34M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	160.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$18.34B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$17.13B	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	160.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	125.42M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	125.42M	shares	Point-in-time
Treasury Stock, Shares	`TreasuryStockShares`	66.17M	shares	Point-in-time
Land	`Land`	$5.69M	USD	Point-in-time
Land	`Land`	$5.69M	USD	Point-in-time
Treasury Stock, Shares	`TreasuryStockShares`	69.76M	shares	Point-in-time
Buildings and improvements	`BuildingsAndImprovementsGross`	$184.21M	USD	Point-in-time
Buildings and improvements	`BuildingsAndImprovementsGross`	$186.65M	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$1.61B	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$1.58B	USD	Point-in-time
Property, plant, and equipment, gross	`PropertyPlantAndEquipmentGross`	$1.80B	USD	Point-in-time
Property, plant, and equipment, gross	`PropertyPlantAndEquipmentGross`	$1.77B	USD	Point-in-time
Less: Accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.25B	USD	Point-in-time
Less: Accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.18B	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$558.22M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$596.46M	USD	Point-in-time
Investments in affiliated companies	`EquityMethodInvestments`	$62.14M	USD	Point-in-time
Investments in affiliated companies	`EquityMethodInvestments`	$65.11M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$159.14M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$142.92M	USD	Point-in-time
Goodwill	`Goodwill`	$2.03B	USD	Point-in-time
Goodwill	`Goodwill`	$2.04B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$597.20M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$574.51M	USD	Point-in-time
Total assets	`Assets`	$20.54B	USD	Point-in-time
Total assets	`Assets`	$21.76B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$10.46B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$8.98B	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.34B	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.20B	USD	Point-in-time
Short-term borrowings, including current portion of long-term debt	`DebtCurrent`	$488.17M	USD	Point-in-time
Short-term borrowings, including current portion of long-term debt	`DebtCurrent`	$589.88M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$10.67B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$12.39B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$3.67B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$3.18B	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$579.26M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$539.29M	USD	Point-in-time
Issued - 125,424 shares in both 2023 and 2022	`CommonStockValue`	$125.42M	USD	Point-in-time
Issued - 125,424 shares in both 2023 and 2022	`CommonStockValue`	$125.42M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$1.20B	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$1.21B	USD	Point-in-time
Treasury stock (69,762 and 66,175 shares in 2023 and 2022, respectively), at cost	`TreasuryStockValue`	$4.64B	USD	Point-in-time
Treasury stock (69,762 and 66,175 shares in 2023 and 2022, respectively), at cost	`TreasuryStockValue`	$5.11B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$9.21B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$9.73B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-365.26M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-359.10M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$5.59B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$5.55B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$65.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$68.13M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.43B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.34B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.65B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.61B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.60B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.40B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$21.76B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$20.54B	USD	Point-in-time

Income Statement 86 line items

Line Item	Tag	Value	Unit	Period
Sales	`Revenues`	$17.25B	USD	2 Qtrs
Sales	`Revenues`	$8.51B	USD	1 Quarter
Sales	`Revenues`	$18.53B	USD	2 Qtrs
Sales	`Revenues`	$9.46B	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$15.07B	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$16.09B	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$8.22B	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$7.45B	USD	1 Quarter
Gross profit	`GrossProfit`	$1.07B	USD	1 Quarter
Gross profit	`GrossProfit`	$1.24B	USD	1 Quarter
Gross profit	`GrossProfit`	$2.18B	USD	2 Qtrs
Gross profit	`GrossProfit`	$2.44B	USD	2 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.26B	USD	2 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.30B	USD	2 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$653.64M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$617.20M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$47.25M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$46.26M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$92.94M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$95.56M	USD	2 Qtrs
Restructuring, integration, and other charges	`RestructuringAndRelatedCostIncurredCost`	$12.89M	USD	2 Qtrs
Restructuring, integration, and other charges	`RestructuringAndRelatedCostIncurredCost`	$10.33M	USD	1 Quarter
Restructuring, integration, and other charges	`RestructuringAndRelatedCostIncurredCost`	$2.49M	USD	1 Quarter
Restructuring, integration, and other charges	`RestructuringAndRelatedCostIncurredCost`	$7.39M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$673.80M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$1.40B	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$1.37B	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$703.39M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$532.83M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$814.40M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$1.04B	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$392.25M	USD	1 Quarter
Equity in earnings of affiliated companies	`IncomeLossFromEquityMethodInvestments`	$2.17M	USD	1 Quarter
Equity in earnings of affiliated companies	`IncomeLossFromEquityMethodInvestments`	$2.98M	USD	2 Qtrs
Equity in earnings of affiliated companies	`IncomeLossFromEquityMethodInvestments`	$3.01M	USD	2 Qtrs
Equity in earnings of affiliated companies	`IncomeLossFromEquityMethodInvestments`	$3.06M	USD	1 Quarter
Gain (loss) on investments, net	`GainLossOnInvestments`	$10.81M	USD	2 Qtrs
Gain (loss) on investments, net	`GainLossOnInvestments`	$-7.73M	USD	2 Qtrs
Gain (loss) on investments, net	`GainLossOnInvestments`	$-9.74M	USD	1 Quarter
Gain (loss) on investments, net	`GainLossOnInvestments`	$497.00K	USD	1 Quarter
Employee benefit plan expense, net	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$1.66M	USD	2 Qtrs
Employee benefit plan expense, net	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$1.72M	USD	2 Qtrs
Employee benefit plan expense, net	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$803.00K	USD	1 Quarter
Employee benefit plan expense, net	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$835.00K	USD	1 Quarter
Interest and other financing expense, net	`InterestIncomeExpenseNet`	$-38.51M	USD	1 Quarter
Interest and other financing expense, net	`InterestIncomeExpenseNet`	$-72.49M	USD	2 Qtrs
Interest and other financing expense, net	`InterestIncomeExpenseNet`	$-84.83M	USD	1 Quarter
Interest and other financing expense, net	`InterestIncomeExpenseNet`	$-164.49M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$310.17M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$485.91M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$662.04M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$964.26M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$226.77M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$114.41M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$148.93M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$72.38M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$737.49M	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$275.32M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$513.12M	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$237.79M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$371.50M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$366.00M	USD	1 Quarter
Noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.41M	USD	2 Qtrs
Noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.16M	USD	1 Quarter
Noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.81M	USD	2 Qtrs
Noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.23M	USD	1 Quarter
Net income attributable to shareholders	`NetIncomeLoss`	$236.56M	USD	1 Quarter
Net income attributable to shareholders	`NetIncomeLoss`	$510.31M	USD	2 Qtrs
Net income attributable to shareholders	`NetIncomeLoss`	$370.33M	USD	1 Quarter
Net income attributable to shareholders	`NetIncomeLoss`	$735.08M	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$10.98	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$8.84	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$4.17	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$5.60	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$5.54	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$4.12	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$8.74	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$10.84	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	57.73M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	66.96M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	66.08M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	56.72M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	58.41M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	67.80M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	57.35M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	66.85M	shares	1 Quarter

Cash Flow Statement 69 line items

Line Item	Tag	Value	Unit	Period
Consolidated net income	`ProfitLoss`	$737.49M	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$275.32M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$513.12M	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$237.79M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$371.50M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$366.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$47.25M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$46.26M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$92.94M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$95.56M	USD	2 Qtrs
Amortization of stock-based compensation	`ShareBasedCompensation`	$31.24M	USD	2 Qtrs
Amortization of stock-based compensation	`ShareBasedCompensation`	$28.35M	USD	2 Qtrs
Equity in earnings of affiliated companies	`IncomeLossFromEquityMethodInvestments`	$2.17M	USD	1 Quarter
Equity in earnings of affiliated companies	`IncomeLossFromEquityMethodInvestments`	$2.98M	USD	2 Qtrs
Equity in earnings of affiliated companies	`IncomeLossFromEquityMethodInvestments`	$3.01M	USD	2 Qtrs
Equity in earnings of affiliated companies	`IncomeLossFromEquityMethodInvestments`	$3.06M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-33.40M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-6.68M	USD	2 Qtrs
(Gain) loss on investments, net	`UnrealizedGainLossOnInvestments`	$10.81M	USD	2 Qtrs
(Gain) loss on investments, net	`UnrealizedGainLossOnInvestments`	$-7.73M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-2.37M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-2.99M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-1.32B	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$34.21M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$755.89M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$141.37M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-315.46M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.51B	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-215.58M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$60.12M	USD	2 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$102.09M	USD	2 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-52.24M	USD	2 Qtrs
Net cash provided by (used for) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$97.00M	USD	2 Qtrs
Net cash provided by (used for) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-282.83M	USD	2 Qtrs
Acquisition of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$36.24M	USD	2 Qtrs
Acquisition of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$37.10M	USD	2 Qtrs
Proceeds from collections of notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$237.00K	USD	2 Qtrs
Proceeds from collections of notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$20.54M	USD	2 Qtrs
Proceeds from settlement of net investment hedge	`ProceedsFromHedgeInvestingActivities`	$10.72M	USD	2 Qtrs
Proceeds from settlement of net investment hedge	`ProceedsFromHedgeInvestingActivities`	-	USD	2 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-15.70M	USD	2 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-26.14M	USD	2 Qtrs
Change in short-term and other borrowings	`ProceedsFromRepaymentOfShortTermDebt`	$198.34M	USD	2 Qtrs
Change in short-term and other borrowings	`ProceedsFromRepaymentOfShortTermDebt`	$296.02M	USD	2 Qtrs
(Repayments of) proceeds from long-term bank borrowings, net	`ProceedsFromRepaymentsOfDebt`	$910.00M	USD	2 Qtrs
(Repayments of) proceeds from long-term bank borrowings, net	`ProceedsFromRepaymentsOfDebt`	$-9.43M	USD	2 Qtrs
Net proceeds from note offering	`ProceedsFromRepaymentsOfNotesPayable`	$496.27M	USD	2 Qtrs
Net proceeds from note offering	`ProceedsFromRepaymentsOfNotesPayable`	-	USD	2 Qtrs
Redemption of notes	`PaymentsForLongTermDebt`	$300.00M	USD	2 Qtrs
Redemption of notes	`PaymentsForLongTermDebt`	$350.00M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$15.67M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$16.38M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$516.22M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$483.96M	USD	2 Qtrs
Settlement of forward-starting interest rate swap	`ProceedsFromDerivativeInstrumentFinancingActivities`	-	USD	2 Qtrs
Settlement of forward-starting interest rate swap	`ProceedsFromDerivativeInstrumentFinancingActivities`	$56.71M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-142.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-137.00K	USD	2 Qtrs
Net cash (used for) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-58.09M	USD	2 Qtrs
Net cash (used for) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$387.59M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-85.66M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$50.70M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$63.47M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$3.40M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$176.91M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$222.19M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$225.60M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$240.38M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$176.91M	USD	Point-in-time

Stockholders Equity 38 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.43B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.34B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.65B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.61B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.60B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.40B	USD	Point-in-time
Consolidated net income	`ProfitLoss`	$737.49M	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$275.32M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$513.12M	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$237.79M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$371.50M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$366.00M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-195.18M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$6.87M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$6.63M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-237.36M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-42.18M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-237.00K	USD	1 Quarter
Amortization of stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.88M	USD	1 Quarter
Amortization of stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.35M	USD	1 Quarter
Amortization of stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.85M	USD	1 Quarter
Amortization of stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$19.50M	USD	1 Quarter
Shares issued for stock-based compensation awards	`StockGrantedDuringPeriodValueSharebasedCompensationGross`	$10.45M	USD	1 Quarter
Shares issued for stock-based compensation awards	`StockGrantedDuringPeriodValueSharebasedCompensationGross`	$11.30M	USD	1 Quarter
Shares issued for stock-based compensation awards	`StockGrantedDuringPeriodValueSharebasedCompensationGross`	$5.93M	USD	1 Quarter
Shares issued for stock-based compensation awards	`StockGrantedDuringPeriodValueSharebasedCompensationGross`	$4.37M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$318.80M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$225.03M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$264.43M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$202.42M	USD	1 Quarter
Distributions	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$137.00K	USD	1 Quarter
Distributions	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$142.00K	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.43B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.34B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.65B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.61B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.60B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.40B	USD	Point-in-time

Comprehensive Income 40 line items

Line Item	Tag	Value	Unit	Period
Consolidated net income	`ProfitLoss`	$737.49M	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$275.32M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$513.12M	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$237.79M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$371.50M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$366.00M	USD	1 Quarter
Foreign currency translation adjustment and other, net of taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-271.11M	USD	2 Qtrs
Foreign currency translation adjustment and other, net of taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-221.20M	USD	1 Quarter
Foreign currency translation adjustment and other, net of taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$9.94M	USD	2 Qtrs
Foreign currency translation adjustment and other, net of taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.34M	USD	1 Quarter
Unrealized (loss) gain on foreign exchange contracts designated as net investment hedges, net of taxes	`TranslationAdjustmentForNetInvestmentHedgeNetOfTaxPeriodIncreaseDecrease`	$14.25M	USD	1 Quarter
Unrealized (loss) gain on foreign exchange contracts designated as net investment hedges, net of taxes	`TranslationAdjustmentForNetInvestmentHedgeNetOfTaxPeriodIncreaseDecrease`	$-4.04M	USD	1 Quarter
Unrealized (loss) gain on foreign exchange contracts designated as net investment hedges, net of taxes	`TranslationAdjustmentForNetInvestmentHedgeNetOfTaxPeriodIncreaseDecrease`	$13.68M	USD	2 Qtrs
Unrealized (loss) gain on foreign exchange contracts designated as net investment hedges, net of taxes	`TranslationAdjustmentForNetInvestmentHedgeNetOfTaxPeriodIncreaseDecrease`	$-4.48M	USD	2 Qtrs
Unrealized gain on interest rate swaps designated as cash flow hedges, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$1.74M	USD	2 Qtrs
Unrealized gain on interest rate swaps designated as cash flow hedges, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$5.45M	USD	1 Quarter
Unrealized gain on interest rate swaps designated as cash flow hedges, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$19.88M	USD	2 Qtrs
Unrealized gain on interest rate swaps designated as cash flow hedges, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$11.68M	USD	1 Quarter
Employee benefit plan items, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-89.00K	USD	1 Quarter
Employee benefit plan items, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-188.00K	USD	2 Qtrs
Employee benefit plan items, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$570.00K	USD	2 Qtrs
Employee benefit plan items, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$298.00K	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-195.18M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$6.87M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$6.63M	USD	2 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-237.36M	USD	2 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-42.18M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-237.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$500.13M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$176.31M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$519.75M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$237.55M	USD	1 Quarter
Less: Comprehensive (loss) income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-975.00K	USD	1 Quarter
Less: Comprehensive (loss) income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.38M	USD	1 Quarter
Less: Comprehensive (loss) income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.27M	USD	2 Qtrs
Less: Comprehensive (loss) income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-597.00K	USD	2 Qtrs
Comprehensive income attributable to shareholders	`ComprehensiveIncomeNetOfTax`	$177.29M	USD	1 Quarter
Comprehensive income attributable to shareholders	`ComprehensiveIncomeNetOfTax`	$500.73M	USD	2 Qtrs
Comprehensive income attributable to shareholders	`ComprehensiveIncomeNetOfTax`	$238.93M	USD	1 Quarter
Comprehensive income attributable to shareholders	`ComprehensiveIncomeNetOfTax`	$516.48M	USD	2 Qtrs

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