10-Q Filing

Veralto Corp CIK: 1967680 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001967680-23-000011`
Period End Date	20230930
Filing Date	20231026
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	vlto-20230929_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 73 Income Statement 60 Cash Flow Statement 55 Stockholders Equity 12 Comprehensive Income 24

Balance Sheet 73 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$34.00M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$36.00M	USD	Point-in-time
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$462.00M	USD	Point-in-time
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$460.00M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$426.00M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Trade accounts receivable, less allowance for doubtful accounts of $36 and $34, respectively	`AccountsReceivableNetCurrent`	$816.00M	USD	Point-in-time
Trade accounts receivable, less allowance for doubtful accounts of $36 and $34, respectively	`AccountsReceivableNetCurrent`	$816.00M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100.00	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
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$134.00M	USD	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$145.00M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$45.00M	USD	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$51.00M	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00	shares	Point-in-time
Raw materials	`InventoryRawMaterialsNetOfReserves`	$137.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Raw materials	`InventoryRawMaterialsNetOfReserves`	$149.00M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	100.00	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	246.30M	shares	Point-in-time
Total inventories	`InventoryNet`	$316.00M	USD	Point-in-time
Total inventories	`InventoryNet`	$345.00M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	100.00	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$119.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$102.00M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	246.30M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.28B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.66B	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $462 and $460, respectively	`PropertyPlantAndEquipmentNet`	$248.00M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $462 and $460, respectively	`PropertyPlantAndEquipmentNet`	$247.00M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$339.00M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$343.00M	USD	Point-in-time
Goodwill	`Goodwill`	$2.48B	USD	Point-in-time
Goodwill	`Goodwill`	$2.48B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$433.00M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$479.00M	USD	Point-in-time
Total assets	`Assets`	$5.16B	USD	Point-in-time
Total assets	`Assets`	$4.83B	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$354.00M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$440.00M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrent`	$683.00M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrent`	$680.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.03B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.12B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$462.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$479.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	-	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.60B	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Common stock	`CommonStockValue`	-	USD	Point-in-time
Common stock	`CommonStockValue`	$2.00M	USD	Point-in-time
Net Parent investment	`NetParentInvestment`	$4.19B	USD	Point-in-time
Net Parent investment	`NetParentInvestment`	$2.02B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-985.00M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-954.00M	USD	Point-in-time
Total Parents equity	`StockholdersEquity`	$3.23B	USD	Point-in-time
Total Parents equity	`StockholdersEquity`	$1.04B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$5.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$5.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.24B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.04B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$4.83B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.16B	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.62B	USD	3 Qtrs
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.22B	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.25B	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.73B	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$1.57B	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$532.00M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$525.00M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.58B	USD	3 Qtrs
Gross profit	`GrossProfit`	$2.05B	USD	3 Qtrs
Gross profit	`GrossProfit`	$694.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$723.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$2.15B	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.07B	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$395.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.13B	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$357.00M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$168.00M	USD	3 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$52.00M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$164.00M	USD	3 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$55.00M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$285.00M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$854.00M	USD	3 Qtrs
Operating profit	`OperatingIncomeLoss`	$273.00M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$818.00M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-14.00M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	-	USD	3 Qtrs
Interest expense	`InterestExpense`	$5.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$5.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	-	USD	3 Qtrs
Interest expense	`InterestExpense`	-	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$835.00M	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$268.00M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$285.00M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$818.00M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$67.00M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$189.00M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$196.00M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$63.00M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$218.00M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$639.00M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$629.00M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$205.00M	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$2.55	USD	3 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$0.83	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.89	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$2.59	USD	3 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$2.59	USD	3 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$2.55	USD	3 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.83	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.89	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	246.30M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	246.30M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	246.30M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	246.30M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	246.30M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	246.30M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	246.30M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	246.30M	shares	3 Qtrs

Cash Flow Statement 55 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$218.00M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$639.00M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$629.00M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$205.00M	USD	1 Quarter
Depreciation	`Depreciation`	$29.00M	USD	3 Qtrs
Depreciation	`Depreciation`	$31.00M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$36.00M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$38.00M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$35.00M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$30.00M	USD	3 Qtrs
Impairment of equity method investment	`EquityMethodInvestmentOtherThanTemporaryImpairment`	$15.00M	USD	3 Qtrs
Impairment of equity method investment	`EquityMethodInvestmentOtherThanTemporaryImpairment`	-	USD	3 Qtrs
Change in trade accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$2.00M	USD	3 Qtrs
Change in trade accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$100.00M	USD	3 Qtrs
Change in inventories	`IncreaseDecreaseInInventories`	$70.00M	USD	3 Qtrs
Change in inventories	`IncreaseDecreaseInInventories`	$-28.00M	USD	3 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-13.00M	USD	3 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-85.00M	USD	3 Qtrs
Change in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.00M	USD	3 Qtrs
Change in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.00M	USD	3 Qtrs
Change in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-13.00M	USD	3 Qtrs
Change in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$6.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$533.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$700.00M	USD	3 Qtrs
Cash paid for acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Cash paid for acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$51.00M	USD	3 Qtrs
Payments for additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$26.00M	USD	3 Qtrs
Payments for additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$32.00M	USD	3 Qtrs
Proceeds from sales of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.00M	USD	3 Qtrs
Proceeds from sales of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	3 Qtrs
All other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	3 Qtrs
All other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$3.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-33.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-77.00M	USD	3 Qtrs
Net proceeds from borrowings (maturities longer than 90 days)	`ProceedsFromDebtMaturingInMoreThanThreeMonths`	-	USD	3 Qtrs
Net proceeds from borrowings (maturities longer than 90 days)	`ProceedsFromDebtMaturingInMoreThanThreeMonths`	$2.61B	USD	3 Qtrs
Consideration paid to Parent in connection with Separation	`PaymentToParentInConnectionWithSpinoffTransaction`	$2.60B	USD	3 Qtrs
Consideration paid to Parent in connection with Separation	`PaymentToParentInConnectionWithSpinoffTransaction`	$2.60B	USD	Point-in-time
Consideration paid to Parent in connection with Separation	`PaymentToParentInConnectionWithSpinoffTransaction`	-	USD	3 Qtrs
Net transfers to Parent	`ProceedsFromPaymentsToParent`	$-456.00M	USD	3 Qtrs
Net transfers to Parent	`ProceedsFromPaymentsToParent`	$-240.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-456.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-232.00M	USD	3 Qtrs
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	3 Qtrs
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-9.00M	USD	3 Qtrs
Net change in cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$426.00M	USD	3 Qtrs
Net change in cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	-	USD	3 Qtrs
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$426.00M	USD	Point-in-time
Beginning balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$426.00M	USD	Point-in-time
Ending balance of cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.24B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.04B	USD	Point-in-time
Net earnings for the period	`NetIncomeLoss`	$218.00M	USD	1 Quarter
Net earnings for the period	`NetIncomeLoss`	$639.00M	USD	3 Qtrs
Net earnings for the period	`NetIncomeLoss`	$629.00M	USD	3 Qtrs
Net earnings for the period	`NetIncomeLoss`	$205.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-59.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-97.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-31.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-211.00M	USD	3 Qtrs
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.24B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.04B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$218.00M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$639.00M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$629.00M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$205.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-97.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-34.00M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-62.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-212.00M	USD	3 Qtrs
Pension and post-retirement plan benefit adjustments	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	3 Qtrs
Pension and post-retirement plan benefit adjustments	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Pension and post-retirement plan benefit adjustments	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-1.00M	USD	3 Qtrs
Pension and post-retirement plan benefit adjustments	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Unrealized gain on net investment hedge	`OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossNetOfTaxAttributableToParent`	$3.00M	USD	3 Qtrs
Unrealized gain on net investment hedge	`OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossNetOfTaxAttributableToParent`	-	USD	1 Quarter
Unrealized gain on net investment hedge	`OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossNetOfTaxAttributableToParent`	-	USD	3 Qtrs
Unrealized gain on net investment hedge	`OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossNetOfTaxAttributableToParent`	$3.00M	USD	1 Quarter
Total other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-59.00M	USD	1 Quarter
Total other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-97.00M	USD	1 Quarter
Total other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-31.00M	USD	3 Qtrs
Total other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-211.00M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$121.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$608.00M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$146.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$418.00M	USD	3 Qtrs

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