2022 Q1 Form 10-K Financial Statement

#000115844922000037 Filed on February 15, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2022 2021 Q1
Revenue $2.397B $11.00B $2.365B
YoY Change 1.35% 8.82%
Cost Of Revenue $1.325B $6.069B $1.280B
YoY Change 3.51% 7.9%
Gross Profit $1.072B $4.929B $1.084B
YoY Change -1.07% 9.98%
Gross Profit Margin 44.73% 44.81% 45.82%
Selling, General & Admin $952.3M $4.090B $919.7M
YoY Change 3.55% 9.6%
% of Gross Profit 88.83% 82.98% 84.87%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $65.20M $259.9M $57.20M
YoY Change 13.98% 3.94%
% of Gross Profit 6.08% 5.27% 5.28%
Operating Expenses $952.3M $4.090B $919.7M
YoY Change 3.55% 9.6%
Operating Profit $119.8M $838.7M $164.0M
YoY Change -26.95% 11.84%
Interest Expense -$9.706M -$37.79M -$9.300M
YoY Change 4.37% -19.4%
% of Operating Profit -8.1% -4.51% -5.67%
Other Income/Expense, Net -$2.791M -$32.79M -$1.800M
YoY Change 55.06% -66.84%
Pretax Income $99.97M $805.9M $140.7M
YoY Change -28.95% 23.8%
Income Tax $18.30M $189.8M $28.70M
% Of Pretax Income 18.3% 23.55% 20.4%
Net Earnings $81.67M $616.1M $112.0M
YoY Change -27.08% 24.97%
Net Earnings / Revenue 3.41% 5.6% 4.74%
Basic Earnings Per Share $9.62 $1.66
Diluted Earnings Per Share $1.296M $9.55 $1.65
COMMON SHARES
Basic Shares Outstanding 61.10M shares 64.03M shares 65.52M shares
Diluted Shares Outstanding 64.51M shares

Balance Sheet

Concept 2022 Q1 2022 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $601.4M $601.4M $835.0M
YoY Change -27.97% -27.97%
Cash & Equivalents $601.4M $601.4M $835.0M
Short-Term Investments
Other Short-Term Assets $232.2M $232.2M $146.8M
YoY Change 58.19% 57.99%
Inventory $4.659B $4.659B $4.538B
Prepaid Expenses
Receivables $782.8M $698.5M $750.0M
Other Receivables $84.29M $84.29M $34.00M
Total Short-Term Assets $6.275B $6.275B $6.270B
YoY Change 0.09% 0.09%
LONG-TERM ASSETS
Property, Plant & Equipment $1.528B $4.200B $1.463B
YoY Change 4.49% 9.29%
Goodwill $993.7M $993.6M
YoY Change 0.01%
Intangibles $651.2M $681.1M
YoY Change -4.39%
Long-Term Investments
YoY Change
Other Assets $73.65M $73.65M $52.33M
YoY Change 40.75% 41.64%
Total Long-Term Assets $5.919B $5.919B $5.570B
YoY Change 6.27% 6.26%
TOTAL ASSETS
Total Short-Term Assets $6.275B $6.275B $6.270B
Total Long-Term Assets $5.919B $5.919B $5.570B
Total Assets $12.19B $12.19B $11.84B
YoY Change 2.99% 2.99%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.922B $3.922B $3.641B
YoY Change 7.73% 7.72%
Accrued Expenses $777.1M $1.077B $606.8M
YoY Change 28.06% 19.05%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $185.0M
YoY Change
Total Short-Term Liabilities $5.180B $5.180B $4.744B
YoY Change 9.2% 9.2%
LONG-TERM LIABILITIES
Long-Term Debt $1.034B $1.034B $1.033B
YoY Change 0.13% 0.13%
Other Long-Term Liabilities $103.0M $2.441B $146.3M
YoY Change -29.56% 12.94%
Total Long-Term Liabilities $1.137B $3.475B $1.179B
YoY Change -3.55% 8.8%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.180B $5.180B $4.744B
Total Long-Term Liabilities $1.137B $3.475B $1.179B
Total Liabilities $9.066B $9.066B $8.280B
YoY Change 9.49% 9.49%
SHAREHOLDERS EQUITY
Retained Earnings $4.606B $4.197B
YoY Change 9.75%
Common Stock $845.4M $783.7M
YoY Change 7.87%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.300B $1.394B
YoY Change 65.0%
Treasury Stock Shares 14.65M shares 9.944M shares
Shareholders Equity $3.128B $3.128B $3.560B
YoY Change
Total Liabilities & Shareholders Equity $12.19B $12.19B $11.84B
YoY Change 2.99% 2.99%

Cashflow Statement

Concept 2022 Q1 2022 2021 Q1
OPERATING ACTIVITIES
Net Income $81.67M $616.1M $112.0M
YoY Change -27.08% 24.97%
Depreciation, Depletion And Amortization $65.20M $259.9M $57.20M
YoY Change 13.98% 3.94%
Cash From Operating Activities $187.3M $1.112B $160.5M
YoY Change 16.71% 14.7%
INVESTING ACTIVITIES
Capital Expenditures -$98.66M $289.6M -$74.90M
YoY Change 31.72% 8.25%
Acquisitions
YoY Change
Other Investing Activities $223.0K $2.325M $0.00
YoY Change
Cash From Investing Activities -$98.43M -$287.3M -$75.00M
YoY Change 31.24% 7.65%
FINANCING ACTIVITIES
Cash Dividend Paid $160.9M
YoY Change 185.6%
Common Stock Issuance & Retirement, Net $903.1M
YoY Change 93.63%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -95.37M -$1.064B -319.5M
YoY Change -70.15% 272.07%
NET CHANGE
Cash From Operating Activities 187.3M $1.112B 160.5M
Cash From Investing Activities -98.43M -$287.3M -75.00M
Cash From Financing Activities -95.37M -$1.064B -319.5M
Net Change In Cash -6.481M -$233.6M -234.0M
YoY Change -97.23% -156.1%
FREE CASH FLOW
Cash From Operating Activities $187.3M $1.112B $160.5M
Capital Expenditures -$98.66M $289.6M -$74.90M
Free Cash Flow $286.0M $822.6M $235.4M
YoY Change 21.49% 17.16%

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CY2022 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
620240000 USD
CY2021 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
500831000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
496520000 USD
CY2018Q4 us-gaap Stockholders Equity
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3550813000 USD
CY2019 us-gaap Net Income Loss
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486896000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
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9624000 USD
CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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37438000 USD
CY2019 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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3334000 USD
CY2019 us-gaap Treasury Stock Value Acquired Cost Method
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498435000 USD
CY2019 us-gaap Common Stock Dividends Per Share Declared
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0.24
CY2019 us-gaap Dividends
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CY2019 us-gaap Stockholders Equity Other
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CY2019Q4 us-gaap Stockholders Equity
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3549081000 USD
CY2021 us-gaap Net Income Loss
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493021000 USD
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
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7810000 USD
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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45271000 USD
CY2021 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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3270000 USD
CY2021 us-gaap Treasury Stock Value Acquired Cost Method
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469691000 USD
CY2021 us-gaap Common Stock Dividends Per Share Declared
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1.00
CY2021 us-gaap Dividends
Dividends
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CY2021 us-gaap Stockholders Equity Other
StockholdersEquityOther
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CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
3559512000 USD
CY2022 us-gaap Net Income Loss
NetIncomeLoss
616108000 USD
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
4132000 USD
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
63067000 USD
CY2022 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
3074000 USD
CY2022 us-gaap Treasury Stock Value Acquired Cost Method
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906208000 USD
CY2022 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
3.25
CY2022 us-gaap Dividends
Dividends
206951000 USD
CY2022 us-gaap Stockholders Equity Other
StockholdersEquityOther
-4443000 USD
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
3128291000 USD
CY2022 dei Document Period End Date
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2022-01-01
CY2022 us-gaap Net Income Loss
NetIncomeLoss
616108000 USD
CY2021 us-gaap Net Income Loss
NetIncomeLoss
493021000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
486896000 USD
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
259933000 USD
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
250081000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
238371000 USD
CY2022 us-gaap Share Based Compensation
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63067000 USD
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
45271000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
37438000 USD
CY2022 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
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-8949000 USD
CY2021 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-4727000 USD
CY2019 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-6671000 USD
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-48022000 USD
CY2019 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-10756000 USD
us-gaap Net Income Loss
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68202000 USD
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
68202000 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
8136000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
23148000 USD
CY2022 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
7985000 USD
CY2021 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1467000 USD
CY2019 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1681000 USD
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
32652000 USD
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
59014000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
62837000 USD
CY2022 us-gaap Increase Decrease In Inventories
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120272000 USD
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
101449000 USD
CY2019 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
63130000 USD
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
281064000 USD
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
216488000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
245785000 USD
CY2022 us-gaap Increase Decrease In Accrued Liabilities
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109983000 USD
CY2021 us-gaap Increase Decrease In Accrued Liabilities
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78507000 USD
CY2019 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-72288000 USD
CY2022 us-gaap Increase Decrease In Other Operating Capital Net
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134135000 USD
CY2021 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
15569000 USD
CY2019 us-gaap Increase Decrease In Other Operating Capital Net
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-14418000 USD
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
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1112262000 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
969688000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
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866909000 USD
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
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289639000 USD
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
267576000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
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270129000 USD
CY2022 aap Indefinitelivedintangibleassetpurchaseincludingcapitalizabletransactioncosts
Indefinitelivedintangibleassetpurchaseincludingcapitalizabletransactioncosts
0 USD
CY2021 aap Indefinitelivedintangibleassetpurchaseincludingcapitalizabletransactioncosts
Indefinitelivedintangibleassetpurchaseincludingcapitalizabletransactioncosts
230000 USD
CY2019 aap Indefinitelivedintangibleassetpurchaseincludingcapitalizabletransactioncosts
Indefinitelivedintangibleassetpurchaseincludingcapitalizabletransactioncosts
201519000 USD
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2325000 USD
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
909000 USD
CY2019 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
8709000 USD
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
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-287314000 USD
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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CY2022 us-gaap Proceeds From Repayments Of Bank Overdrafts
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0 USD
CY2021 us-gaap Proceeds From Repayments Of Bank Overdrafts
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CY2019 us-gaap Proceeds From Repayments Of Bank Overdrafts
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CY2022 us-gaap Repayments Of Unsecured Debt
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0 USD
CY2021 us-gaap Repayments Of Unsecured Debt
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602568000 USD
CY2019 us-gaap Repayments Of Unsecured Debt
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310047000 USD
CY2022 us-gaap Proceeds From Lines Of Credit
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0 USD
CY2021 us-gaap Proceeds From Lines Of Credit
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500000000 USD
CY2019 us-gaap Proceeds From Lines Of Credit
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0 USD
CY2022 us-gaap Repayments Of Lines Of Credit
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0 USD
CY2021 us-gaap Repayments Of Lines Of Credit
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500000000 USD
CY2019 us-gaap Repayments Of Lines Of Credit
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0 USD
CY2022 us-gaap Proceeds From Issuance Of Debt
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0 USD
CY2021 us-gaap Proceeds From Issuance Of Debt
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847092000 USD
CY2019 us-gaap Proceeds From Issuance Of Debt
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0 USD
CY2022 us-gaap Payments Of Dividends
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160925000 USD
CY2021 us-gaap Payments Of Dividends
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56347000 USD
CY2019 us-gaap Payments Of Dividends
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17185000 USD
CY2022 us-gaap Proceeds From Issuance Of Common Stock
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3074000 USD
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
3270000 USD
CY2019 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
3334000 USD
CY2022 us-gaap Payments For Repurchase Of Common Stock
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906208000 USD
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
469691000 USD
CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
498435000 USD
CY2022 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
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CY2021 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-7753000 USD
CY2019 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-481000 USD
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1064112000 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-285997000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-882153000 USD
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5600000 USD
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-467000 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
321000 USD
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-233564000 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
416327000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-477862000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
834992000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
418665000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
896527000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
601428000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
834992000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
418665000 USD
CY2022 us-gaap Interest Paid Net
InterestPaidNet
36372000 USD
CY2021 us-gaap Interest Paid Net
InterestPaidNet
34011000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
41099000 USD
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
177317000 USD
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
146073000 USD
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
108163000 USD
CY2022 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
14369000 USD
CY2021 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
4963000 USD
CY2019 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
26201000 USD
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01
CY2022 us-gaap Fiscal Period
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<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Accounting Period </span></div><div><span><br/></span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our fiscal year ends on the Saturday closest to December 31</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">st</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. All references herein for the years “2021,” “2020” and “2019” represent the fiscal year ended January 1, 2022, which consisted of 52 weeks, fiscal year ended January 2, 2021, which consisted of 53 weeks, and fiscal year ended December 28, 2019, which consisted of 52 weeks.</span></div>
CY2022 us-gaap Use Of Estimates
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<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div><span><br/></span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ materially from those estimates.</span></div>
CY2022Q1 aap Deferredvendorincentivesrecordedasreductionofinventory
Deferredvendorincentivesrecordedasreductionofinventory
82400000 USD
CY2021Q1 aap Deferredvendorincentivesrecordedasreductionofinventory
Deferredvendorincentivesrecordedasreductionofinventory
141900000 USD
CY2022 dei Document Period End Date
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2022-01-01
CY2022 us-gaap Number Of Operating Segments
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4 segment
CY2021 aap Percentage Of Sales By Product Group
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1
CY2022 dei Document Period End Date
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2022-01-01
CY2022 aap Percentage Of Sales By Product Group
PercentageOfSalesByProductGroup
1
CY2019 aap Percentage Of Sales By Product Group
PercentageOfSalesByProductGroup
1
CY2022Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
277146000 USD
CY2022Q1 us-gaap Intangible Assets Net Excluding Goodwill
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651217000 USD
CY2021Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
928199000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
247072000 USD
CY2021Q1 us-gaap Intangible Assets Net Excluding Goodwill
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681127000 USD
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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29854000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
27608000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
27356000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
27305000 USD
CY2022 us-gaap Advertising Expense
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178000000 USD
CY2021 us-gaap Advertising Expense
AdvertisingExpense
132300000 USD
CY2019 us-gaap Advertising Expense
AdvertisingExpense
117300000 USD
CY2022 us-gaap Foreign Currency Transaction Gain Loss Realized
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-1700000 USD
CY2021 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-6900000 USD
CY2019 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-1700000 USD
CY2022Q1 us-gaap Percentage Of Lifo Inventory
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0.898
CY2022 dei Document Period End Date
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2022-01-01
CY2021Q1 us-gaap Percentage Of Lifo Inventory
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0.883
CY2022 us-gaap Inventory Lifo Reserve Effect On Income Net
InventoryLIFOReserveEffectOnIncomeNet
122300000 USD
CY2021 us-gaap Inventory Lifo Reserve Effect On Income Net
InventoryLIFOReserveEffectOnIncomeNet
13800000 USD
CY2019 us-gaap Inventory Lifo Reserve Effect On Income Net
InventoryLIFOReserveEffectOnIncomeNet
-101300000 USD
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01
CY2022Q1 aap Purchasing And Warehousing Costs Included In Inventory At Fifo
PurchasingAndWarehousingCostsIncludedInInventoryAtFifo
515300000 USD
CY2021Q1 aap Purchasing And Warehousing Costs Included In Inventory At Fifo
PurchasingAndWarehousingCostsIncludedInInventoryAtFifo
464700000 USD
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01
CY2022Q1 us-gaap Fifo Inventory Amount
FIFOInventoryAmount
4625900000 USD
CY2021Q1 us-gaap Fifo Inventory Amount
FIFOInventoryAmount
4382779000 USD
CY2022Q1 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
-33118000 USD
CY2021Q1 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
-155420000 USD
CY2022Q1 us-gaap Inventory Net
InventoryNet
4659018000 USD
CY2021Q1 us-gaap Inventory Net
InventoryNet
4538199000 USD
CY2022Q1 us-gaap Goodwill
Goodwill
993700000 USD
CY2021Q1 us-gaap Goodwill
Goodwill
993600000 USD
CY2022 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
200000 USD
CY2021 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
1400000 USD
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
31100000 USD
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
31600000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
31700000 USD
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01
CY2022Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
389393000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
277146000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
112247000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
389548000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
84000 USD
CY2018Q4 us-gaap Operating Lease Right Of Use Asset
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2400000000 USD
CY2018Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
2400000000 USD
CY2018Q4 aap Deferred Tax Impact Upon Adoptionof Asu201602and Impairment Rou Assets
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7900000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
247072000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
142476000 USD
CY2022Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
928363000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
40000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
112247000 USD
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01
CY2022Q1 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
792947000 USD
CY2021Q1 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
761928000 USD
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
10162000 USD
CY2021Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
11929000 USD
CY2022Q1 us-gaap Receivables Net Current
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782785000 USD
CY2021Q1 us-gaap Receivables Net Current
ReceivablesNetCurrent
749999000 USD
CY2021 us-gaap Payments To Develop Software
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58400000 USD
CY2019 us-gaap Payments To Develop Software
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29100000 USD
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01
CY2022Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1034320000 USD
CY2021Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1032984000 USD
CY2022Q1 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
1092000000 USD
CY2021Q1 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
1145000000 USD
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01
CY2020Q3 aap Charges Relatingto Make Whole Provisionof2022 Senior Unsecured Notes Agreement
ChargesRelatingtoMakeWholeProvisionof2022SeniorUnsecuredNotesAgreement
15800000 USD
CY2020Q3 aap Charges Relatingto Debt Issuance Costsfrom2022 Senior Unsecured Notes
ChargesRelatingtoDebtIssuanceCostsfrom2022SeniorUnsecuredNotes
300000 USD
CY2022Q1 aap Debt Instrument Minimum Threshold Amount
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25000000 USD
CY2022 aap Debt Instrument Discharged Or Acceleration Period
DebtInstrumentDischargedOrAccelerationPeriod
P10D
CY2022Q1 aap Minimum Percent Required In Aggregate Principal Amount Of Notes Outstanding
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0.25
CY2022 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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1400000 USD
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
0 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
193673000 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
0 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
0 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
850000000 USD
CY2022Q1 us-gaap Debt Instrument Carrying Amount
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1043673000 USD
CY2022Q1 us-gaap Guarantee Obligations Maximum Exposure
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31700000 USD
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01
CY2022Q1 aap Guarantor Obligations Collateral Held
GuarantorObligationsCollateralHeld
86900000 USD
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01
CY2022 us-gaap Payments To Develop Software
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63200000 USD
CY2021 aap Acquired Average Cost Per Share Acquiredas Partof Plan
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150.65
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01
CY2022Q1 us-gaap Property Plant And Equipment Gross
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3931878000 USD
CY2021Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3651767000 USD
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2403567000 USD
CY2021Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2189165000 USD
CY2022Q1 us-gaap Property Plant And Equipment Net
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1528311000 USD
CY2021Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1462602000 USD
CY2022 us-gaap Depreciation
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228800000 USD
CY2021 us-gaap Depreciation
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218500000 USD
CY2019 us-gaap Depreciation
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206700000 USD
CY2021 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
200000 USD
CY2019 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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2300000 USD
CY2022Q1 us-gaap Operating Lease Liability
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2802772000 USD
CY2021Q1 us-gaap Operating Lease Liability
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2477087000 USD
CY2022Q1 us-gaap Operating Lease Liability Current
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465121000 USD
CY2021Q1 us-gaap Operating Lease Liability Current
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462588000 USD
CY2022Q1 us-gaap Operating Lease Liability Noncurrent
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2337651000 USD
CY2021Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2014499000 USD
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
538323000 USD
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
526005000 USD
CY2022Q1 aap Lessee Optionto Extend Reasonably Certain
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68700000 USD
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
148130000 USD
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
142546000 USD
CY2022 us-gaap Lease Cost
LeaseCost
686453000 USD
CY2021 us-gaap Lease Cost
LeaseCost
668551000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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540102000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
515875000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
446140000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
406333000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
306149000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
923000000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due
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3137599000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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334827000 USD
CY2022Q1 us-gaap Operating Lease Liability
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2802772000 USD
CY2022Q1 aap Operatingleaselegallybindingminimumpaymentsforleasethathavenotyetcommenced
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110700000 USD
CY2022Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y3M18D
CY2022Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.030
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
514053000 USD
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
575186000 USD
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
726326000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
424393000 USD
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01
CY2021Q1 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
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70300000 USD
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01
CY2022Q1 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
207984000 USD
CY2021Q1 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
154388000 USD
CY2022Q1 aap Inventory Related Accruals
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113439000 USD
CY2021Q1 aap Inventory Related Accruals
InventoryRelatedAccruals
87492000 USD
CY2022Q1 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
111380000 USD
CY2021Q1 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
100487000 USD
CY2022Q1 us-gaap Self Insurance Reserve Current
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53424000 USD
CY2021Q1 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
63990000 USD
CY2022Q1 aap Accrued Rebates
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35611000 USD
CY2021Q1 aap Accrued Rebates
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26096000 USD
CY2022Q1 us-gaap Accrued Professional Fees Current
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18448000 USD
CY2021Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
11072000 USD
CY2022Q1 aap Accrued Property And Equipment
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14369000 USD
CY2021Q1 aap Accrued Property And Equipment
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4963000 USD
CY2022Q1 us-gaap Other Accrued Liabilities Current
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222396000 USD
CY2021Q1 us-gaap Other Accrued Liabilities Current
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158316000 USD
CY2022Q1 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
777051000 USD
CY2021Q1 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
606804000 USD
CY2022 aap Treasury Stock Shares Acquiredas Partof Plan
TreasuryStockSharesAcquiredasPartofPlan
4600000 shares
CY2022 aap Paymentsfor Repurchaseof Common Stock Acquiredas Partof Plan
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886700000 USD
CY2022 aap Acquired Average Cost Per Share Acquiredas Partof Plan
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192.92
CY2022Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
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545500000 USD
CY2022 dei Document Period End Date
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2022-01-01
CY2021 aap Treasury Stock Shares Acquiredas Partof Plan
TreasuryStockSharesAcquiredasPartofPlan
3000000 shares
CY2021 aap Paymentsfor Repurchaseof Common Stock Acquiredas Partof Plan
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458500000 USD
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01
CY2022 us-gaap Net Income Loss
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616108000 USD
CY2021 us-gaap Net Income Loss
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493021000 USD
CY2019 us-gaap Net Income Loss
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486896000 USD
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
64028000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
68748000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
70869000 shares
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
481000 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
255000 shares
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
296000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
64509000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
69003000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
71165000 shares
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
9.62
CY2021 us-gaap Earnings Per Share Basic
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7.17
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.87
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
9.55
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
7.14
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.84
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9000 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
119000 shares
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
115000 shares
CY2022 us-gaap Current Federal Tax Expense Benefit
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78814000 USD
CY2021 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
24845000 USD
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
55467000 USD
CY2022 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
134281000 USD
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
21420000 USD
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
11747000 USD
CY2022 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
33167000 USD
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
21381000 USD
CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
988000 USD
CY2022 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
22369000 USD
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
121615000 USD
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
68202000 USD
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
189817000 USD
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
112096000 USD
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
7718000 USD
CY2021 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
119814000 USD
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
23779000 USD
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1066000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
23148000 USD
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
13983000 USD
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-648000 USD
CY2021 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
13335000 USD
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
149858000 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
8136000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
157994000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
84490000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
13618000 USD
CY2019 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
98108000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
26924000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
8117000 USD
CY2019 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
35041000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
16288000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
1413000 USD
CY2019 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
17701000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
127702000 USD
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
18610000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
150850000 USD
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
169244000 USD
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
136713000 USD
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
133927000 USD
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
26177000 USD
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
27682000 USD
CY2022 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-5604000 USD
CY2021 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
2671000 USD
CY2019 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-10759000 USD
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
189817000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
157994000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
150850000 USD
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01
CY2022Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
38133000 USD
CY2021Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
53433000 USD
CY2022Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
12431000 USD
CY2021Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
10541000 USD
CY2022Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance
9408000 USD
CY2021Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance
14825000 USD
CY2022Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
3828000 USD
CY2021Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
4348000 USD
CY2022Q1 aap Deferred Tax Assets Operating Lease Liabilities
DeferredTaxAssetsOperatingLeaseLiabilities
690405000 USD
CY2021Q1 aap Deferred Tax Assets Operating Lease Liabilities
DeferredTaxAssetsOperatingLeaseLiabilities
630267000 USD
CY2022Q1 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
6986000 USD
CY2021Q1 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
3514000 USD
CY2022Q1 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
761191000 USD
CY2021Q1 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
716928000 USD
CY2022Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
3015000 USD
CY2021Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
3183000 USD
CY2022Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
758176000 USD
CY2021Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
713745000 USD
CY2022Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
132592000 USD
CY2021Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
123402000 USD
CY2022Q1 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInventoryCosts
231632000 USD
CY2021Q1 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInventoryCosts
187559000 USD
CY2022Q1 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
139089000 USD
CY2021Q1 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
140094000 USD
CY2022Q1 aap Deferred Tax Liabilities Operating Lease Assets
DeferredTaxLiabilitiesOperatingLeaseAssets
665469000 USD
CY2021Q1 aap Deferred Tax Liabilities Operating Lease Assets
DeferredTaxLiabilitiesOperatingLeaseAssets
605135000 USD
CY2022Q1 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
1168782000 USD
CY2021Q1 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
1056190000 USD
CY2022Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
410606000 USD
CY2021Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
342445000 USD
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01
CY2022Q1 aap Deferred Tax Assets Valuation Allowanceless Foreign Tax Carryfowards
DeferredTaxAssetsValuationAllowancelessForeignTaxCarryfowards
3000000 USD
CY2021Q1 aap Deferred Tax Assets Valuation Allowanceless Foreign Tax Carryfowards
DeferredTaxAssetsValuationAllowancelessForeignTaxCarryfowards
3200000 USD
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01
CY2022Q1 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
75500000 USD
CY2021Q1 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
41200000 USD
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01
CY2021Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
25127000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
29762000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
30824000 USD
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
484000 USD
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
1808000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
4243000 USD
CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
849000 USD
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
2277000 USD
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
2240000 USD
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1528000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
3741000 USD
CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
2993000 USD
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
331000 USD
CY2022 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
4870000 USD
CY2021 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
7971000 USD
CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
6438000 USD
CY2022Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
19139000 USD
CY2021Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
25127000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
29762000 USD
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01
CY2022 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
700000 USD
CY2021 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
200000 USD
CY2019 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
1600000 USD
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01
CY2022Q1 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
3300000 USD
CY2021Q1 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
4700000 USD
CY2022Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
100000 USD
CY2021Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
100000 USD
CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
27300000 USD
CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
21300000 USD
CY2019 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
17900000 USD
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01
CY2022Q1 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
15000000 USD
CY2021Q1 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
16100000 USD
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
4400000 shares
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
124000 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
124000 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
13000 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
176.50
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
176.50
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
111000 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
176.50
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P9Y2M12D
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
7029000 USD
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
0 shares
CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
15200000 USD
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
11500000 USD
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
9400000 USD
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01
CY2022Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
71500000 USD
CY2022 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y5M19D
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-01-01

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