10-Q Filing

Veralto Corp CIK: 1967680 Q1 2024

Filing Information

Form Type	10-Q
Accession Number	`0001967680-24-000059`
Period End Date	20240331
Filing Date	20240424
Fiscal Year	2024
Fiscal Period	Q1
XBRL Instance	vlto-20240329_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 152 Income Statement 60 Cash Flow Statement 104 Stockholders Equity 18 Comprehensive Income 24

Balance Sheet 152 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$35.00M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$35.00M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$36.00M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$36.00M	USD	Point-in-time
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$474.00M	USD	Point-in-time
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$474.00M	USD	Point-in-time
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$472.00M	USD	Point-in-time
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$472.00M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$762.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$762.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$827.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$827.00M	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 $35 and $36, respectively	`AccountsReceivableNetCurrent`	$815.00M	USD	Point-in-time
Trade accounts receivable, less allowance for doubtful accounts of $35 and $36, respectively	`AccountsReceivableNetCurrent`	$815.00M	USD	Point-in-time
Trade accounts receivable, less allowance for doubtful accounts of $35 and $36, respectively	`AccountsReceivableNetCurrent`	$826.00M	USD	Point-in-time
Trade accounts receivable, less allowance for doubtful accounts of $35 and $36, respectively	`AccountsReceivableNetCurrent`	$826.00M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	15.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	15.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	15.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	15.00M	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
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
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$126.00M	USD	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$126.00M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$132.00M	USD	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$132.00M	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
Work in process	`InventoryWorkInProcessNetOfReserves`	$42.00M	USD	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$42.00M	USD	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$43.00M	USD	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$43.00M	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
Raw materials	`InventoryRawMaterialsNetOfReserves`	$129.00M	USD	Point-in-time
Raw materials	`InventoryRawMaterialsNetOfReserves`	$129.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Raw materials	`InventoryRawMaterialsNetOfReserves`	$133.00M	USD	Point-in-time
Raw materials	`InventoryRawMaterialsNetOfReserves`	$133.00M	USD	Point-in-time
Total inventories	`InventoryNet`	$297.00M	USD	Point-in-time
Total inventories	`InventoryNet`	$297.00M	USD	Point-in-time
Total inventories	`InventoryNet`	$308.00M	USD	Point-in-time
Total inventories	`InventoryNet`	$308.00M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	246.40M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	246.40M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	246.80M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	246.80M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	246.40M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	246.40M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$188.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$188.00M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	246.30M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	246.30M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$167.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$167.00M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	246.80M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	246.80M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.07B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.07B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.12B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.12B	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $474 and $472, respectively	`PropertyPlantAndEquipmentNet`	$264.00M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $474 and $472, respectively	`PropertyPlantAndEquipmentNet`	$264.00M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $474 and $472, respectively	`PropertyPlantAndEquipmentNet`	$262.00M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $474 and $472, respectively	`PropertyPlantAndEquipmentNet`	$262.00M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$415.00M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$415.00M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$398.00M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$398.00M	USD	Point-in-time
Goodwill	`Goodwill`	$2.53B	USD	Point-in-time
Goodwill	`Goodwill`	$2.53B	USD	Point-in-time
Goodwill	`Goodwill`	$2.50B	USD	Point-in-time
Goodwill	`Goodwill`	$2.50B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$413.00M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$413.00M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$427.00M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$427.00M	USD	Point-in-time
Total assets	`Assets`	$5.69B	USD	Point-in-time
Total assets	`Assets`	$5.69B	USD	Point-in-time
Total assets	`Assets`	$5.71B	USD	Point-in-time
Total assets	`Assets`	$5.71B	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$431.00M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$431.00M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$402.00M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$402.00M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrent`	$834.00M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrent`	$834.00M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrent`	$754.00M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrent`	$754.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.26B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.26B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.16B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.16B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$446.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$446.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$410.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$410.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.63B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.63B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.62B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.62B	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Common stock	`CommonStockValue`	$2.00M	USD	Point-in-time
Common stock	`CommonStockValue`	$2.00M	USD	Point-in-time
Common stock	`CommonStockValue`	$2.00M	USD	Point-in-time
Common stock	`CommonStockValue`	$2.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.12B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.12B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.16B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.16B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$340.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$340.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$178.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$178.00M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-981.00M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-981.00M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-954.00M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-954.00M	USD	Point-in-time
Total Veralto equity	`StockholdersEquity`	$1.38B	USD	Point-in-time
Total Veralto equity	`StockholdersEquity`	$1.38B	USD	Point-in-time
Total Veralto equity	`StockholdersEquity`	$1.48B	USD	Point-in-time
Total Veralto equity	`StockholdersEquity`	$1.48B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$6.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$6.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$6.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$6.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.39B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.39B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.49B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.49B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.71B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.71B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.69B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.69B	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.25B	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.25B	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.23B	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.23B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$499.00M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$499.00M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$517.00M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$517.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$747.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$747.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$708.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$708.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$360.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$360.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$394.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$394.00M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$60.00M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$60.00M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$56.00M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$56.00M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$292.00M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$292.00M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$293.00M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$293.00M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-15.00M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-15.00M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Interest expense, net	`InterestExpense`	-	USD	1 Quarter
Interest expense, net	`InterestExpense`	-	USD	1 Quarter
Interest expense, net	`InterestExpense`	$28.00M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$28.00M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$292.00M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$292.00M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$250.00M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$250.00M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$67.00M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$67.00M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$66.00M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$66.00M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$184.00M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$184.00M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$225.00M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$225.00M	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.75	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.75	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.91	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.91	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.74	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.74	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.91	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.91	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	246.90M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	246.90M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	246.30M	shares	1 Quarter
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`	248.80M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	248.80M	shares	1 Quarter

Cash Flow Statement 104 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$184.00M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$184.00M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$225.00M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$225.00M	USD	1 Quarter
Depreciation	`Depreciation`	$10.00M	USD	1 Quarter
Depreciation	`Depreciation`	$10.00M	USD	1 Quarter
Depreciation	`Depreciation`	$10.00M	USD	1 Quarter
Depreciation	`Depreciation`	$10.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$11.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$11.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$12.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$12.00M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$15.00M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$15.00M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$9.00M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$9.00M	USD	1 Quarter
Loss on product line disposition	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	-	USD	1 Quarter
Loss on product line disposition	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	-	USD	1 Quarter
Loss on product line disposition	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$-15.00M	USD	1 Quarter
Loss on product line disposition	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$-15.00M	USD	1 Quarter
Change in trade accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-4.00M	USD	1 Quarter
Change in trade accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-4.00M	USD	1 Quarter
Change in trade accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-1.00M	USD	1 Quarter
Change in trade accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-1.00M	USD	1 Quarter
Change in inventories	`IncreaseDecreaseInInventories`	$2.00M	USD	1 Quarter
Change in inventories	`IncreaseDecreaseInInventories`	$2.00M	USD	1 Quarter
Change in inventories	`IncreaseDecreaseInInventories`	$13.00M	USD	1 Quarter
Change in inventories	`IncreaseDecreaseInInventories`	$13.00M	USD	1 Quarter
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-26.00M	USD	1 Quarter
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-26.00M	USD	1 Quarter
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-33.00M	USD	1 Quarter
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-33.00M	USD	1 Quarter
Change in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$9.00M	USD	1 Quarter
Change in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$9.00M	USD	1 Quarter
Change in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$9.00M	USD	1 Quarter
Change in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$9.00M	USD	1 Quarter
Change in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-76.00M	USD	1 Quarter
Change in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-76.00M	USD	1 Quarter
Change in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-57.00M	USD	1 Quarter
Change in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-57.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$156.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$156.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$115.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$115.00M	USD	1 Quarter
Payments for additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.00M	USD	1 Quarter
Payments for additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.00M	USD	1 Quarter
Payments for additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.00M	USD	1 Quarter
Payments for additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.00M	USD	1 Quarter
All other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$10.00M	USD	1 Quarter
All other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$10.00M	USD	1 Quarter
All other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	1 Quarter
All other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-9.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-9.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-23.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-23.00M	USD	1 Quarter
Payment of dividends	`PaymentsOfDividends`	-	USD	1 Quarter
Payment of dividends	`PaymentsOfDividends`	-	USD	1 Quarter
Payment of dividends	`PaymentsOfDividends`	$22.00M	USD	1 Quarter
Payment of dividends	`PaymentsOfDividends`	$22.00M	USD	1 Quarter
Proceeds from the issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	1 Quarter
Proceeds from the issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	1 Quarter
Proceeds from the issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$2.00M	USD	1 Quarter
Proceeds from the issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$2.00M	USD	1 Quarter
Net transfers to Former Parent	`ProceedsFromPaymentsToParent`	$-147.00M	USD	1 Quarter
Net transfers to Former Parent	`ProceedsFromPaymentsToParent`	$-147.00M	USD	1 Quarter
Net transfers to Former Parent	`ProceedsFromPaymentsToParent`	-	USD	1 Quarter
Net transfers to Former Parent	`ProceedsFromPaymentsToParent`	-	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-147.00M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-147.00M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-20.00M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-20.00M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-7.00M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-7.00M	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$65.00M	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$65.00M	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	-	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	-	USD	1 Quarter
Beginning balance of cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$762.00M	USD	Point-in-time
Beginning balance of cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$762.00M	USD	Point-in-time
Beginning balance of cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Beginning balance of cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Beginning balance of cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$827.00M	USD	Point-in-time
Beginning balance of cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$827.00M	USD	Point-in-time
Beginning balance of cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Beginning balance of cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Ending balance of cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$762.00M	USD	Point-in-time
Ending balance of cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$762.00M	USD	Point-in-time
Ending balance of cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Ending balance of cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Ending balance of cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$827.00M	USD	Point-in-time
Ending balance of cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$827.00M	USD	Point-in-time
Ending balance of cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Ending balance of cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash interest payments	`InterestPaidNet`	-	USD	1 Quarter
Cash interest payments	`InterestPaidNet`	-	USD	1 Quarter
Cash interest payments	`InterestPaidNet`	$57.00M	USD	1 Quarter
Cash interest payments	`InterestPaidNet`	$57.00M	USD	1 Quarter
Cash income tax payments	`IncomeTaxesPaidNet`	$32.00M	USD	1 Quarter
Cash income tax payments	`IncomeTaxesPaidNet`	$32.00M	USD	1 Quarter
Cash income tax payments	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Cash income tax payments	`IncomeTaxesPaidNet`	-	USD	1 Quarter

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.39B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.39B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.49B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.49B	USD	Point-in-time
Net earnings for the period	`NetIncomeLoss`	$184.00M	USD	1 Quarter
Net earnings for the period	`NetIncomeLoss`	$184.00M	USD	1 Quarter
Net earnings for the period	`NetIncomeLoss`	$225.00M	USD	1 Quarter
Net earnings for the period	`NetIncomeLoss`	$225.00M	USD	1 Quarter
Separation related adjustments	`AdjustmentsToAdditionalPaidInCapitalSeparationRelatedAdjustments`	$-54.00M	USD	1 Quarter
Separation related adjustments	`AdjustmentsToAdditionalPaidInCapitalSeparationRelatedAdjustments`	$-54.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$21.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$21.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-27.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-27.00M	USD	1 Quarter
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.39B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.39B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.49B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.49B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$184.00M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$184.00M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$225.00M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$225.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-36.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-36.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$21.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$21.00M	USD	1 Quarter
Pension and post-retirement plan benefit adjustments	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Pension and post-retirement plan benefit adjustments	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Pension and post-retirement plan benefit adjustments	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Pension and post-retirement plan benefit adjustments	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Unrealized gain on net investment hedge	`OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossNetOfTaxAttributableToParent`	$9.00M	USD	1 Quarter
Unrealized gain on net investment hedge	`OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossNetOfTaxAttributableToParent`	$9.00M	USD	1 Quarter
Unrealized gain on net investment hedge	`OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossNetOfTaxAttributableToParent`	-	USD	1 Quarter
Unrealized gain on net investment hedge	`OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossNetOfTaxAttributableToParent`	-	USD	1 Quarter
Total other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$21.00M	USD	1 Quarter
Total other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$21.00M	USD	1 Quarter
Total other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-27.00M	USD	1 Quarter
Total other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-27.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$246.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$246.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$157.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$157.00M	USD	1 Quarter

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