$FBIN
Fortune Brands Innovations Inc

2024 Q3 Form 10-Q Financial Statement

#000095017024086908 Filed on July 26, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $1.240B
YoY Change 19.23%
Cost Of Revenue $699.0M
YoY Change 10.65%
Gross Profit $541.0M
YoY Change 32.5%
Gross Profit Margin 43.63%
Selling, General & Admin $319.7M
YoY Change 22.58%
% of Gross Profit 59.09%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $73.20M
YoY Change 279.27%
% of Gross Profit 13.53%
Operating Expenses $319.7M
YoY Change 22.58%
Operating Profit $199.1M
YoY Change 51.06%
Interest Expense $32.30M
YoY Change 20.52%
% of Operating Profit 16.22%
Other Income/Expense, Net $3.700M
YoY Change -41.27%
Pretax Income $170.5M
YoY Change 53.19%
Income Tax $36.60M
% Of Pretax Income 21.47%
Net Earnings $133.9M
YoY Change 58.27%
Net Earnings / Revenue 10.8%
Basic Earnings Per Share $1.07
Diluted Earnings Per Share $1.06
COMMON SHARES
Basic Shares Outstanding 124.1M 125.1M
Diluted Shares Outstanding 125.8M

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $352.6M
YoY Change -34.59%
Cash & Equivalents $352.6M
Short-Term Investments
Other Short-Term Assets $145.2M
YoY Change -46.62%
Inventory $990.5M
Prepaid Expenses
Receivables $593.6M
Other Receivables $0.00
Total Short-Term Assets $2.082B
YoY Change -9.53%
LONG-TERM ASSETS
Property, Plant & Equipment $976.6M
YoY Change 21.2%
Goodwill $1.995B
YoY Change 21.37%
Intangibles $1.336B
YoY Change 34.87%
Long-Term Investments
YoY Change
Other Assets $121.0M
YoY Change 1.26%
Total Long-Term Assets $4.592B
YoY Change 25.07%
TOTAL ASSETS
Total Short-Term Assets $2.082B
Total Long-Term Assets $4.592B
Total Assets $6.674B
YoY Change 11.74%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $554.4M
YoY Change 30.85%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $499.3M
YoY Change -16.71%
Long-Term Debt Due $499.3M
YoY Change -16.71%
Total Short-Term Liabilities $1.548B
YoY Change 9.54%
LONG-TERM LIABILITIES
Long-Term Debt $2.402B
YoY Change 15.75%
Other Long-Term Liabilities $97.30M
YoY Change -4.98%
Total Long-Term Liabilities $2.499B
YoY Change 14.78%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.548B
Total Long-Term Liabilities $2.499B
Total Liabilities $4.343B
YoY Change 11.65%
SHAREHOLDERS EQUITY
Retained Earnings $2.806B
YoY Change 16.78%
Common Stock $3.163B
YoY Change 2.16%
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.681B
YoY Change 6.42%
Treasury Stock Shares
Shareholders Equity $2.331B
YoY Change
Total Liabilities & Shareholders Equity $6.674B
YoY Change 11.74%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $133.9M
YoY Change 58.27%
Depreciation, Depletion And Amortization $73.20M
YoY Change 279.27%
Cash From Operating Activities $261.5M
YoY Change 243.63%
INVESTING ACTIVITIES
Capital Expenditures $38.80M
YoY Change -8.92%
Acquisitions
YoY Change
Other Investing Activities -$21.60M
YoY Change
Cash From Investing Activities -$60.40M
YoY Change 41.78%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -229.0M
YoY Change 64.39%
NET CHANGE
Cash From Operating Activities 261.5M
Cash From Investing Activities -60.40M
Cash From Financing Activities -229.0M
Net Change In Cash -27.90M
YoY Change -73.07%
FREE CASH FLOW
Cash From Operating Activities $261.5M
Capital Expenditures $38.80M
Free Cash Flow $222.7M
YoY Change 564.78%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Entity Central Index Key
EntityCentralIndexKey
0001519751
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2024Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2024-06-29
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
1-35166
dei Entity Registrant Name
EntityRegistrantName
Fortune Brands Innovations, Inc.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
62-1411546
dei Entity Address Address Line1
EntityAddressAddressLine1
520 Lake Cook Road
dei Entity Address City Or Town
EntityAddressCityOrTown
Deerfield
dei Entity Address State Or Province
EntityAddressStateOrProvince
IL
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
60015-5611
dei City Area Code
CityAreaCode
847
dei Local Phone Number
LocalPhoneNumber
484-4400
dei Security12b Title
Security12bTitle
Common Stock
dei Trading Symbol
TradingSymbol
FBIN
dei Security Exchange Name
SecurityExchangeName
NYSE
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2024Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
124107680
us-gaap Revenues
Revenues
2349500000
us-gaap Revenues
Revenues
2203700000
CY2024Q2 us-gaap Revenues
Revenues
1240000000
CY2023Q3 us-gaap Revenues
Revenues
1163700000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1320900000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1327200000
CY2024Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
699000000
CY2023Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
695600000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
631300000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
541700000
CY2024Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
319700000
CY2023Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
280700000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
36100000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
25200000
CY2024Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
18300000
CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
12600000
us-gaap Restructuring Charges
RestructuringCharges
6700000
us-gaap Restructuring Charges
RestructuringCharges
25200000
CY2024Q2 us-gaap Restructuring Charges
RestructuringCharges
3900000
CY2023Q3 us-gaap Restructuring Charges
RestructuringCharges
22200000
us-gaap Operating Income Loss
OperatingIncomeLoss
354500000
us-gaap Operating Income Loss
OperatingIncomeLoss
284400000
CY2024Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
199100000
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
152600000
us-gaap Interest Expense
InterestExpense
62400000
us-gaap Interest Expense
InterestExpense
54600000
CY2024Q2 us-gaap Interest Expense
InterestExpense
32300000
CY2023Q3 us-gaap Interest Expense
InterestExpense
27700000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3600000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
11600000
CY2024Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3700000
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
5200000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
295700000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
241400000
CY2024Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
170500000
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
130100000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
65500000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
53700000
CY2024Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
36600000
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
28000000
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
230200000
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
187700000
CY2024Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
133900000
CY2023Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
102100000
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-1000000
CY2024Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0
CY2023Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0
us-gaap Profit Loss
ProfitLoss
230200000
us-gaap Profit Loss
ProfitLoss
186700000
CY2024Q2 us-gaap Profit Loss
ProfitLoss
133900000
CY2023Q3 us-gaap Profit Loss
ProfitLoss
102100000
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.83
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.47
CY2024Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.07
CY2023Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.81
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
CY2024Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
CY2023Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.83
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.47
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.07
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.81
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.82
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.47
CY2024Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.06
CY2023Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.8
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.01
CY2024Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
CY2023Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.82
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.46
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.06
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.8
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
209900000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
198400000
CY2024Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
125600000
CY2023Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
114500000
CY2024Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
352600000
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
366400000
CY2024Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
593600000
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
534200000
CY2024Q2 us-gaap Inventory Net
InventoryNet
990500000
CY2023Q4 us-gaap Inventory Net
InventoryNet
982300000
CY2024Q2 us-gaap Other Assets Current
OtherAssetsCurrent
145200000
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
162800000
CY2024Q2 us-gaap Assets Current
AssetsCurrent
2081900000
CY2023Q4 us-gaap Assets Current
AssetsCurrent
2045700000
CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
976600000
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
975000000
CY2024Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
163400000
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
173800000
CY2024Q2 us-gaap Goodwill
Goodwill
1994800000
CY2023Q4 us-gaap Goodwill
Goodwill
1906800000
CY2024Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1336200000
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1354700000
CY2024Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
121000000
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
109000000
CY2024Q2 us-gaap Assets
Assets
6673900000
CY2023Q4 us-gaap Assets
Assets
6565000000
CY2024Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
499300000
CY2023Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
0
CY2024Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
554400000
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
568100000
CY2024Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
494300000
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
632300000
CY2024Q2 us-gaap Liabilities Current
LiabilitiesCurrent
1548000000
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1200400000
CY2024Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2401700000
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2670100000
CY2024Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
120600000
CY2023Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
111300000
CY2024Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
41400000
CY2023Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
47300000
CY2024Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
134300000
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
143300000
CY2024Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
97300000
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
99200000
CY2024Q2 us-gaap Liabilities
Liabilities
4343300000
CY2023Q4 us-gaap Liabilities
Liabilities
4271600000
CY2024Q2 us-gaap Common Stock Value
CommonStockValue
1900000
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
1900000
CY2024Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
3161000000
CY2023Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
3134500000
CY2024Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
43000000
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
63300000
CY2024Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2805500000
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2605300000
CY2024Q2 us-gaap Treasury Stock Value
TreasuryStockValue
3680800000
CY2023Q4 us-gaap Treasury Stock Value
TreasuryStockValue
3511600000
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2330600000
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2293400000
CY2024Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
6673900000
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
6565000000
CY2024Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2024Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
187700000
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
187100000
us-gaap Profit Loss
ProfitLoss
230200000
us-gaap Profit Loss
ProfitLoss
186700000
us-gaap Depreciation
Depreciation
65400000
us-gaap Depreciation
Depreciation
40900000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
36100000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
25200000
fbin Non Cash Lease Expense
NonCashLeaseExpense
19300000
fbin Non Cash Lease Expense
NonCashLeaseExpense
15800000
us-gaap Share Based Compensation
ShareBasedCompensation
19400000
us-gaap Share Based Compensation
ShareBasedCompensation
16200000
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
11800000
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-1000000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1800000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2100000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
1500000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
1600000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
62400000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
65400000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
10400000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-177300000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
18000000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
49600000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-2300000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-130300000
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-122800000
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-46500000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-17000000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-26000000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
190200000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
503600000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
103400000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
112200000
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
5700000
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
2700000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
129000000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
781800000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
3500000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-230200000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-891300000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
600000000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
595100000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
370000000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
7100000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
5000000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
150200000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
100000000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
12700000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
12400000
us-gaap Payments Of Dividends
PaymentsOfDividends
60200000
us-gaap Payments Of Dividends
PaymentsOfDividends
58600000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-4300000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1300000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
9700000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
427800000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-7700000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-2100000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-38000000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
38000000
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
395500000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
648300000
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
357500000
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
686300000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
6100000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
5300000
fbin Treasury Repurchased But Not Yet Paid
TreasuryRepurchasedButNotYetPaid
5000000
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2086900000
us-gaap Profit Loss
ProfitLoss
186700000
fbin Other Comprehensive Income Loss Net
OtherComprehensiveIncomeLossNet
11700000
us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
12900000
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
5000000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3800000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
100800000
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.23
us-gaap Dividends Common Stock
DividendsCommonStock
29100000
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2177100000
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2293400000
us-gaap Profit Loss
ProfitLoss
230200000
fbin Other Comprehensive Income Loss Net
OtherComprehensiveIncomeLossNet
-20300000
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
7100000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6700000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
156500000
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.24
us-gaap Dividends Common Stock
DividendsCommonStock
30000000
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2330600000
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2082500000
CY2023Q3 us-gaap Profit Loss
ProfitLoss
102100000
CY2023Q3 fbin Other Comprehensive Income Loss Net
OtherComprehensiveIncomeLossNet
12400000
CY2023Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2700000
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6500000
CY2023Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.23
CY2023Q3 us-gaap Dividends Common Stock
DividendsCommonStock
29100000
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2177100000
CY2024Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2280800000
CY2024Q2 us-gaap Profit Loss
ProfitLoss
133900000
CY2024Q2 fbin Other Comprehensive Income Loss Net
OtherComprehensiveIncomeLossNet
-8300000
CY2024Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
800000
CY2024Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9400000
CY2024Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
55800000
CY2024Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.24
CY2024Q2 us-gaap Dividends Common Stock
DividendsCommonStock
30200000
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2330600000
CY2024Q2 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
328900000
CY2023Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
352400000
CY2024Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
71100000
CY2023Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
83200000
CY2024Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
590500000
CY2023Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
546700000
CY2024Q2 us-gaap Inventory Net
InventoryNet
990500000
CY2023Q4 us-gaap Inventory Net
InventoryNet
982300000
CY2024Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1812400000
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1904800000
CY2024Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
835800000
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
929800000
CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
976600000
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
975000000
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
2403700000
CY2023Q3 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
1259600000
us-gaap Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax
218100000
CY2023Q3 us-gaap Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax
120700000
CY2024Q2 us-gaap Goodwill
Goodwill
1994800000
CY2023Q4 us-gaap Goodwill
Goodwill
1906800000
CY2023Q4 us-gaap Goodwill
Goodwill
1906800000
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
2900000
us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
90900000
CY2024Q2 us-gaap Goodwill
Goodwill
1994800000
CY2024Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
519600000
CY2024Q2 us-gaap Indefinite Lived Trade Names
IndefiniteLivedTradeNames
519600000
CY2023Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
520100000
CY2023Q4 us-gaap Indefinite Lived Trade Names
IndefiniteLivedTradeNames
520100000
CY2024Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1232300000
CY2024Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
415700000
CY2024Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
816600000
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1213900000
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
379300000
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
834600000
CY2024Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
1751900000
CY2024Q2 fbin Intangible Asset Accumulated Amortization
IntangibleAssetAccumulatedAmortization
415700000
CY2024Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1336200000
CY2023Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
1734000000
CY2023Q4 fbin Intangible Asset Accumulated Amortization
IntangibleAssetAccumulatedAmortization
379300000
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1354700000
CY2024Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1336200000
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1354700000
us-gaap Finite Lived Intangible Assets Period Increase Decrease
FiniteLivedIntangibleAssetsPeriodIncreaseDecrease
17900000
CY2024Q2 us-gaap Notes Payable
NotesPayable
2700000000
CY2024Q2 us-gaap Long Term Debt
LongTermDebt
2671800000
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
2670100000
CY2024Q2 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
30500000
CY2023Q4 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
30500000
CY2024Q2 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
0
CY2023Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
0
CY2024Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
2500000
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
800000
CY2024Q2 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
1000000
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
2700000
CY2024Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
0
us-gaap Revenues
Revenues
2349500000
us-gaap Revenues
Revenues
2203700000
CY2024Q2 us-gaap Revenues
Revenues
1240000000
CY2023Q3 us-gaap Revenues
Revenues
1163700000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.222
CY2024Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.215
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.222
CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.215
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2024Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
fbin Pillar Two Legislation Description
PillarTwoLegislationDescription
In 2021, the Organization for Economic Cooperation & Development (“OECD”), with the support of over 130 countries, endorsed a framework (“Pillar Two”), which includes establishing a 15 percent global minimum corporate tax rate on a country-by-country basis. Numerous countries have adopted legislation in support of Pillar Two or are in the process of doing so, with certain rules that became effective on January 1, 2024, and the remainder becoming effective on January 1, 2025. The Company is continuing to monitor and evaluate Pillar Two legislation and does not expect it to have a material impact on the Company’s tax liability in 2024.
CY2023Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
18400000
CY2022Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
20100000
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
4000000
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
4300000
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
4500000
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
5100000
us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
2100000
us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
0
us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-100000
us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
0
CY2024Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
19900000
CY2023Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
19300000
us-gaap Operating Income Loss
OperatingIncomeLoss
354500000
us-gaap Operating Income Loss
OperatingIncomeLoss
284400000
fbin Percentage Of Change In Operating Income
PercentageOfChangeInOperatingIncome
0.246
CY2024Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
199100000
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
152600000
CY2024Q2 fbin Percentage Of Change In Operating Income
PercentageOfChangeInOperatingIncome
0.305
us-gaap Restructuring Charges
RestructuringCharges
6700000
us-gaap Other Restructuring Costs
OtherRestructuringCosts
20500000
us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
27200000
us-gaap Restructuring Charges
RestructuringCharges
25200000
us-gaap Other Restructuring Costs
OtherRestructuringCosts
6000000
us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
31200000
CY2024Q2 us-gaap Restructuring Charges
RestructuringCharges
3900000
CY2024Q2 us-gaap Other Restructuring Costs
OtherRestructuringCosts
12000000
CY2024Q2 us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
15900000
CY2023Q3 us-gaap Restructuring Charges
RestructuringCharges
22200000
CY2023Q3 us-gaap Other Restructuring Costs
OtherRestructuringCosts
5900000
CY2023Q3 us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
28100000
CY2023Q4 us-gaap Restructuring Reserve
RestructuringReserve
21700000
us-gaap Restructuring Charges
RestructuringCharges
6700000
us-gaap Payments For Restructuring
PaymentsForRestructuring
14300000
fbin Non Cash Writeoffs
NonCashWriteoffs
-700000
CY2024Q2 us-gaap Restructuring Reserve
RestructuringReserve
13400000
CY2022Q4 us-gaap Restructuring Reserve
RestructuringReserve
29700000
us-gaap Restructuring Charges
RestructuringCharges
25200000
us-gaap Payments For Restructuring
PaymentsForRestructuring
15200000
fbin Non Cash Writeoffs
NonCashWriteoffs
-13600000
CY2023Q3 us-gaap Restructuring Reserve
RestructuringReserve
26100000
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
230200000
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
187700000
CY2024Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
133900000
CY2023Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
102100000
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-1000000
CY2024Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0
CY2023Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0
us-gaap Profit Loss
ProfitLoss
230200000
us-gaap Profit Loss
ProfitLoss
186700000
CY2024Q2 us-gaap Profit Loss
ProfitLoss
133900000
CY2023Q3 us-gaap Profit Loss
ProfitLoss
102100000
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.83
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.47
CY2024Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.07
CY2023Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.81
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
CY2024Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.83
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.47
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.07
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.81
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.82
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.47
CY2024Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.06
CY2023Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.8
us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
0
us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
-0.01
CY2024Q2 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
0
CY2023Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
0
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.82
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.46
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.06
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.8
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
125500000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
127300000
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
125100000
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
126800000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
900000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
700000
CY2024Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
700000
CY2023Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
700000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
126400000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
128000000
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
125800000
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
127500000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
800000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1000000.0
CY2024Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1300000
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1000000.0
CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
0000950170-24-086908-index-headers.html Edgar Link pending
0000950170-24-086908-index.html Edgar Link pending
0000950170-24-086908.txt Edgar Link pending
0000950170-24-086908-xbrl.zip Edgar Link pending
fbin-20240629.htm Edgar Link pending
fbin-20240629.xsd Edgar Link pending
fbin-ex31_1.htm Edgar Link pending
fbin-ex31_2.htm Edgar Link pending
fbin-ex32.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
fbin-20240629_htm.xml Edgar Link completed
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending