2020 Q1 Form 10-Q Financial Statement
#000157924120000041 Filed on April 23, 2020
Income Statement
Concept | 2020 Q1 | 2019 Q1 |
---|---|---|
Revenue | $674.7M | $655.0M |
YoY Change | 3.01% | 6.83% |
Cost Of Revenue | $381.6M | $378.1M |
YoY Change | 0.93% | 6.42% |
Gross Profit | $293.1M | $276.9M |
YoY Change | 5.85% | 7.41% |
Gross Profit Margin | 43.44% | 42.27% |
Selling, General & Admin | $167.9M | $168.9M |
YoY Change | -0.59% | 6.16% |
% of Gross Profit | 57.28% | 61.0% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $19.80M | $20.70M |
YoY Change | -4.35% | -8.0% |
% of Gross Profit | 6.76% | 7.48% |
Operating Expenses | $167.9M | $168.9M |
YoY Change | -0.59% | 6.16% |
Operating Profit | $28.90M | $108.0M |
YoY Change | -73.24% | 9.42% |
Interest Expense | $12.90M | $13.70M |
YoY Change | -5.84% | 6.2% |
% of Operating Profit | 44.64% | 12.69% |
Other Income/Expense, Net | -$4.000M | $1.100M |
YoY Change | -463.64% | 175.0% |
Pretax Income | $12.00M | $95.40M |
YoY Change | -87.42% | 10.67% |
Income Tax | $11.50M | $15.10M |
% Of Pretax Income | 95.83% | 15.83% |
Net Earnings | $400.0K | $80.20M |
YoY Change | -99.5% | 11.08% |
Net Earnings / Revenue | 0.06% | 12.24% |
Basic Earnings Per Share | $0.00 | $0.85 |
Diluted Earnings Per Share | $0.00 | $0.84 |
COMMON SHARES | ||
Basic Shares Outstanding | 92.70M shares | 94.50M shares |
Diluted Shares Outstanding | 93.30M shares | 95.10M shares |
Balance Sheet
Concept | 2020 Q1 | 2019 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $245.3M | $153.8M |
YoY Change | 59.49% | 1.32% |
Cash & Equivalents | $245.3M | $153.8M |
Short-Term Investments | ||
Other Short-Term Assets | $54.70M | $33.20M |
YoY Change | 64.76% | -22.61% |
Inventory | $275.5M | $296.8M |
Prepaid Expenses | ||
Receivables | $343.1M | $359.6M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $922.0M | $850.2M |
YoY Change | 8.45% | 5.93% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $289.2M | $275.1M |
YoY Change | 5.13% | -0.83% |
Goodwill | $773.0M | $878.7M |
YoY Change | -12.03% | 0.08% |
Intangibles | $485.3M | $536.3M |
YoY Change | -9.51% | -1.74% |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $288.2M | $260.5M |
YoY Change | 10.63% | 109.57% |
Total Long-Term Assets | $1.836B | $1.951B |
YoY Change | -5.89% | 6.85% |
TOTAL ASSETS | ||
Total Short-Term Assets | $922.0M | $850.2M |
Total Long-Term Assets | $1.836B | $1.951B |
Total Assets | $2.758B | $2.801B |
YoY Change | -1.54% | 6.57% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $198.7M | $198.3M |
YoY Change | 0.2% | 0.41% |
Accrued Expenses | $254.6M | $252.0M |
YoY Change | 1.03% | 14.91% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $3.400M | $35.10M |
YoY Change | -90.31% | -0.57% |
Total Short-Term Liabilities | $456.7M | $485.4M |
YoY Change | -5.91% | 7.37% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $1.428B | $1.401B |
YoY Change | 1.91% | -4.94% |
Other Long-Term Liabilities | $259.2M | $276.7M |
YoY Change | -6.32% | 14.91% |
Total Long-Term Liabilities | $1.687B | $1.678B |
YoY Change | 0.55% | -2.15% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $456.7M | $485.4M |
Total Long-Term Liabilities | $1.687B | $1.678B |
Total Liabilities | $2.144B | $2.163B |
YoY Change | -0.9% | -0.17% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $861.8M | $871.6M |
YoY Change | -1.12% | 49.79% |
Common Stock | $900.0K | $900.0K |
YoY Change | 0.0% | 0.0% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $611.3M | $633.7M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $2.758B | $2.801B |
YoY Change | -1.54% | 6.57% |
Cashflow Statement
Concept | 2020 Q1 | 2019 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $400.0K | $80.20M |
YoY Change | -99.5% | 11.08% |
Depreciation, Depletion And Amortization | $19.80M | $20.70M |
YoY Change | -4.35% | -8.0% |
Cash From Operating Activities | $30.80M | -$12.60M |
YoY Change | -344.44% | 24.75% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$11.80M | -$12.30M |
YoY Change | -4.07% | 41.38% |
Acquisitions | $4.600M | |
YoY Change | ||
Other Investing Activities | $7.000M | $800.0K |
YoY Change | 775.0% | -900.0% |
Cash From Investing Activities | -$18.80M | -$17.70M |
YoY Change | 6.21% | -93.79% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $94.10M | $63.80M |
YoY Change | 47.49% | 112.67% |
Debt Paid & Issued, Net | $0.00 | $8.800M |
YoY Change | -100.0% | 0.0% |
Cash From Financing Activities | -$116.8M | -$99.20M |
YoY Change | 17.74% | 374.64% |
NET CHANGE | ||
Cash From Operating Activities | $30.80M | -$12.60M |
Cash From Investing Activities | -$18.80M | -$17.70M |
Cash From Financing Activities | -$116.8M | -$99.20M |
Net Change In Cash | -$110.0M | -$130.0M |
YoY Change | -15.38% | -58.65% |
FREE CASH FLOW | ||
Cash From Operating Activities | $30.80M | -$12.60M |
Capital Expenditures | -$11.80M | -$12.30M |
Free Cash Flow | $42.60M | -$300.0K |
YoY Change | -14300.0% | -78.57% |
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CY2020Q1 | us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
3200000 | USD |
CY2019Q1 | us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
-200000 | USD |
CY2019Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
8800000 | USD |
CY2020Q1 | us-gaap |
Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
|
3200000 | USD |
CY2019Q1 | us-gaap |
Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
|
-9000000.0 | USD |
CY2020Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
29000000.0 | USD |
CY2019Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
25200000 | USD |
CY2020Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
94100000 | USD |
CY2019Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
63800000 | USD |
CY2020Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
3100000 | USD |
CY2019Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-1200000 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-116800000 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-99200000 | USD |
CY2020Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-5200000 | USD |
CY2019Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-500000 | USD |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-110000000.0 | USD |
CY2019Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-130000000.0 | USD |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
358700000 | USD |
CY2019Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
33100000 | USD |
CY2018Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
290600000 | USD |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
248700000 | USD |
CY2019Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
160600000 | USD |
CY2020Q1 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
121200000 | USD |
CY2019Q4 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
116800000 | USD |
CY2020Q1 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
38400000 | USD |
CY2020Q1 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
115900000 | USD |
CY2019Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
120000000.0 | USD |
CY2020Q1 | us-gaap |
Inventory Net
InventoryNet
|
275500000 | USD |
CY2019Q4 | us-gaap |
Inventory Net
InventoryNet
|
269900000 | USD |
CY2019Q4 | us-gaap |
Goodwill Gross
GoodwillGross
|
1358800000 | USD |
CY2019Q4 | us-gaap |
Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
|
485500000 | USD |
CY2019Q4 | us-gaap |
Goodwill
Goodwill
|
873300000 | USD |
CY2020Q1 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
88100000 | USD |
CY2020Q1 | us-gaap |
Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
|
-12200000 | USD |
CY2020Q1 | us-gaap |
Goodwill
Goodwill
|
773000000.0 | USD |
CY2020Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
561200000 | USD |
CY2020Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
188200000 | USD |
CY2020Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
373000000.0 | USD |
CY2019Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
572100000 | USD |
CY2019Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
184200000 | USD |
CY2019Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
387900000 | USD |
CY2020Q1 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
673500000 | USD |
CY2020Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
485300000 | USD |
CY2019Q4 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
695100000 | USD |
CY2019Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
510900000 | USD |
CY2020Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
7700000 | USD |
CY2019Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
7900000 | USD |
CY2020Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
28800000 | USD |
CY2020Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
28100000 | USD |
CY2020Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
28100000 | USD |
CY2020Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
27900000 | USD |
CY2020Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
27600000 | USD |
CY2020Q1 | us-gaap |
Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
|
8200000 | USD |
CY2020Q1 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
1442700000 | USD |
CY2019Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
1439500000 | USD |
CY2020Q1 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
11300000 | USD |
CY2019Q4 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
11800000 | USD |
CY2020Q1 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
1431400000 | USD |
CY2019Q4 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
1427700000 | USD |
CY2020Q1 | us-gaap |
Debt Current
DebtCurrent
|
3400000 | USD |
CY2019Q4 | us-gaap |
Debt Current
DebtCurrent
|
100000 | USD |
CY2020Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
1428000000.0 | USD |
CY2019Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
1427600000 | USD |
CY2020Q1 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
|
2200000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
|
-100000 | USD |
CY2020Q1 | us-gaap |
Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
|
300000 | USD |
CY2019Q1 | us-gaap |
Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
|
2900000 | USD |
CY2020Q1 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
10900000 | USD |
CY2019Q1 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
11100000 | USD |
CY2020Q1 | us-gaap |
Short Term Lease Payments
ShortTermLeasePayments
|
2400000 | USD |
CY2019Q1 | us-gaap |
Short Term Lease Payments
ShortTermLeasePayments
|
2500000 | USD |
CY2020Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
75300000 | USD |
CY2019Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
81400000 | USD |
CY2020Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
24900000 | USD |
CY2019Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
25800000 | USD |
CY2020Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
51000000.0 | USD |
CY2019Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
55600000 | USD |
CY2020Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
8500000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
8600000 | USD |
CY2020Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
2300000 | USD |
CY2019Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
4700000 | USD |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
21300000 | USD |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
22300000 | USD |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
14800000 | USD |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
7800000 | USD |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
4300000 | USD |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
15200000 | USD |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
85700000 | USD |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
9800000 | USD |
CY2020Q1 | us-gaap |
Defined Benefit Plan Expected Future Employer Contributions Remainder Of Fiscal Year
DefinedBenefitPlanExpectedFutureEmployerContributionsRemainderOfFiscalYear
|
10000000 | USD |
CY2020Q1 | us-gaap |
Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
|
17100000 | USD |
CY2020Q1 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
4000000.0 | USD |
CY2020Q1 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
21100000 | USD |
CY2020Q1 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
1400000 | USD |
CY2020Q1 | us-gaap |
Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
|
18800000 | USD |
CY2020Q1 | us-gaap |
Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
|
20200000 | USD |
CY2020Q1 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
1372100000 | USD |
CY2020Q1 | alle |
Liabilities Not Carried At Fair Value Fair Value Disclosure
LiabilitiesNotCarriedAtFairValueFairValueDisclosure
|
1372100000 | USD |
CY2019Q4 | us-gaap |
Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
|
17400000 | USD |
CY2019Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
1100000 | USD |
CY2019Q4 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
18500000 | USD |
CY2019Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
1500000 | USD |
CY2019Q4 | us-gaap |
Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
|
23100000 | USD |
CY2019Q4 | us-gaap |
Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
|
24600000 | USD |
CY2019Q4 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
1474000000.0 | USD |
CY2019Q4 | alle |
Liabilities Not Carried At Fair Value Fair Value Disclosure
LiabilitiesNotCarriedAtFairValueFairValueDisclosure
|
1474000000.0 | USD |
CY2020Q1 | alle |
Debt And Equity Investments Without Readily Determinable Fair Values
DebtAndEquityInvestmentsWithoutReadilyDeterminableFairValues
|
21200000 | USD |
CY2019Q4 | alle |
Debt And Equity Investments Without Readily Determinable Fair Values
DebtAndEquityInvestmentsWithoutReadilyDeterminableFairValues
|
18100000 | USD |
CY2019Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
760400000 | USD |
CY2020Q1 | us-gaap |
Profit Loss
ProfitLoss
|
500000 | USD |
CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-33400000 | USD |
CY2019Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
10100000 | USD |
CY2020Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
12200000 | USD |
CY2020Q1 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.32 | |
CY2020Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
29600000 | USD |
CY2020Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
94100000 | USD |
CY2020Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
613800000 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
654000000.0 | USD |
CY2019Q1 | us-gaap |
Profit Loss
ProfitLoss
|
80300000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-14700000 | USD |
CY2019Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
7100000 | USD |
CY2019Q1 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.27 | |
CY2019Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
25500000 | USD |
CY2019Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
63800000 | USD |
CY2019Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
637400000 | USD |
CY2020Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
94100000 | USD |
CY2019Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
63800000 | USD |
CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
|
-33500000 | USD |
CY2019Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-218600000 | USD |
CY2020Q1 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
|
1200000 | USD |
CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
500000 | USD |
CY2020Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-251400000 | USD |
CY2018Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-223500000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
|
-14300000 | USD |
CY2019Q1 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
|
-600000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
400000 | USD |
CY2019Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-238800000 | USD |
CY2020Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
7400000 | USD |
CY2020Q1 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
400000 | USD |
CY2019Q1 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
1200000 | USD |
CY2020Q1 | us-gaap |
Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
|
7000000.0 | USD |
CY2019Q1 | us-gaap |
Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
|
8900000 | USD |
CY2020Q1 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
|
4000000.0 | USD |
CY2019Q1 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
|
900000 | USD |
CY2020Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.0099 | |
CY2019Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.0123 | |
CY2020Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.2070 | |
CY2019Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.2144 | |
CY2020Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0141 | |
CY2019Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0253 | |
CY2020Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y | |
CY2019Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y | |
CY2019Q4 | us-gaap |
Restructuring Reserve Current
RestructuringReserveCurrent
|
1200000 | USD |
CY2020Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
2100000 | USD |
CY2020Q1 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
2500000 | USD |
CY2020Q1 | us-gaap |
Restructuring Reserve Current
RestructuringReserveCurrent
|
800000 | USD |
CY2020Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
500000 | USD |
CY2019Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
300000 | USD |
CY2020Q1 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-900000 | USD |
CY2019Q1 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
200000 | USD |
CY2020Q1 | us-gaap |
Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
|
-500000 | USD |
CY2019Q1 | us-gaap |
Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
|
-100000 | USD |
CY2020Q1 | us-gaap |
Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
|
-500000 | USD |
CY2019Q1 | us-gaap |
Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
|
900000 | USD |
CY2020Q1 | alle |
Miscellaneous Other Nonoperating Income Expense
MiscellaneousOtherNonoperatingIncomeExpense
|
-3600000 | USD |
CY2019Q1 | alle |
Miscellaneous Other Nonoperating Income Expense
MiscellaneousOtherNonoperatingIncomeExpense
|
1600000 | USD |
CY2020Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-4000000.0 | USD |
CY2019Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
1100000 | USD |
CY2020Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
100000 | shares |
CY2020Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.958 | |
CY2019Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.158 | |
CY2020Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
92700000 | shares |
CY2019Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
94500000 | shares |
CY2020Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
600000 | shares |
CY2019Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
600000 | shares |
CY2020Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
93300000 | shares |
CY2019Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
95100000 | shares |
CY2020Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
674700000 | USD |
CY2019Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
655000000.0 | USD |
CY2020Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
3 | segment |
CY2020Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
674700000 | USD |
CY2019Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
655000000.0 | USD |
CY2020Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
28900000 | USD |
CY2019Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
108000000.0 | USD |
CY2020Q1 | us-gaap |
Interest Expense
InterestExpense
|
12900000 | USD |
CY2019Q1 | us-gaap |
Interest Expense
InterestExpense
|
13700000 | USD |
CY2020Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-4000000.0 | USD |
CY2019Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
1100000 | USD |
CY2020Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
12000000.0 | USD |
CY2019Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
95400000 | USD |
CY2020Q1 | us-gaap |
Environmental Remediation Expense
EnvironmentalRemediationExpense
|
500000 | USD |
CY2019Q1 | us-gaap |
Environmental Remediation Expense
EnvironmentalRemediationExpense
|
400000 | USD |
CY2020Q1 | us-gaap |
Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
|
18600000 | USD |
CY2019Q4 | us-gaap |
Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
|
19300000 | USD |
CY2020Q1 | us-gaap |
Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
|
5800000 | USD |
CY2019Q4 | us-gaap |
Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
|
6200000 | USD |
CY2019Q4 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
15900000 | USD |
CY2018Q4 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
14500000 | USD |
CY2020Q1 | us-gaap |
Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
|
2000000.0 | USD |
CY2019Q1 | us-gaap |
Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
|
2300000 | USD |
CY2020Q1 | us-gaap |
Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
|
2300000 | USD |
CY2019Q1 | us-gaap |
Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
|
3800000 | USD |
CY2020Q1 | us-gaap |
Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
|
-100000 | USD |
CY2019Q1 | us-gaap |
Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
|
-100000 | USD |
CY2020Q1 | us-gaap |
Standard Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardProductWarrantyAccrualForeignCurrencyTranslationGainLoss
|
-100000 | USD |
CY2019Q1 | us-gaap |
Standard Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardProductWarrantyAccrualForeignCurrencyTranslationGainLoss
|
0 | USD |
CY2020Q1 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
16000000.0 | USD |
CY2019Q1 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
15900000 | USD |