$AVTR
Avantor, Inc.

2023 Q2 Form 10-Q Financial Statement

#000172248223000100 Filed on April 28, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1
Revenue $1.744B $1.780B
YoY Change -8.72% -8.72%
Cost Of Revenue $1.154B $1.156B
YoY Change -8.62% -8.33%
Gross Profit $590.0M $624.8M
YoY Change -8.91% -9.44%
Gross Profit Margin 33.83% 35.1%
Selling, General & Admin $357.5M $393.6M
YoY Change 1.53% 2.79%
% of Gross Profit 60.59% 63.0%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $102.6M $101.1M
YoY Change 14.38% -11.7%
% of Gross Profit 17.39% 16.18%
Operating Expenses $357.5M $393.6M
YoY Change 1.53% 2.79%
Operating Profit $232.5M $231.2M
YoY Change -21.35% -24.69%
Interest Expense -$71.80M $73.70M
YoY Change -212.36% 13.73%
% of Operating Profit -30.88% 31.88%
Other Income/Expense, Net $400.0K $600.0K
YoY Change -42.86% -57.14%
Pretax Income -$1.300M $155.8M
YoY Change -100.57% -35.57%
Income Tax $6.000M $34.30M
% Of Pretax Income 22.02%
Net Earnings -$7.300M $121.5M
YoY Change -103.9% -36.19%
Net Earnings / Revenue -0.42% 6.82%
Basic Earnings Per Share -$0.01 $0.18
Diluted Earnings Per Share -$0.01 $0.18
COMMON SHARES
Basic Shares Outstanding 675.1M shares 674.4M shares
Diluted Shares Outstanding 675.3M shares 678.1M shares

Balance Sheet

Concept 2023 Q2 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $236.4M $294.6M
YoY Change -0.46% 3.88%
Cash & Equivalents $236.4M $294.6M
Short-Term Investments
Other Short-Term Assets $156.3M $151.5M
YoY Change 10.15% 86.35%
Inventory $890.4M $904.0M
Prepaid Expenses
Receivables $1.216B $1.277B
Other Receivables $0.00 $0.00
Total Short-Term Assets $2.499B $2.627B
YoY Change -2.82% 0.81%
LONG-TERM ASSETS
Property, Plant & Equipment $698.2M $736.5M
YoY Change 0.01% 5.23%
Goodwill $5.694B $5.683B
YoY Change 1.21% 7.93%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $276.7M $272.5M
YoY Change 8.59% 8.13%
Total Long-Term Assets $10.56B $10.77B
YoY Change -2.72% -4.11%
TOTAL ASSETS
Total Short-Term Assets $2.499B $2.627B
Total Long-Term Assets $10.56B $10.77B
Total Assets $13.06B $13.40B
YoY Change -2.74% -3.18%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $686.6M $765.7M
YoY Change -14.02% -6.42%
Accrued Expenses $173.6M $164.0M
YoY Change 3.95% -6.12%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $314.0M $325.2M
YoY Change 27.44% 627.52%
Total Short-Term Liabilities $1.550B $1.670B
YoY Change -1.35% 15.37%
LONG-TERM LIABILITIES
Long-Term Debt $5.570B $5.736B
YoY Change -11.48% -15.84%
Other Long-Term Liabilities $268.8M $300.1M
YoY Change -23.55% -16.89%
Total Long-Term Liabilities $5.839B $6.036B
YoY Change -12.12% -15.9%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.550B $1.670B
Total Long-Term Liabilities $5.839B $6.036B
Total Liabilities $8.052B $8.401B
YoY Change -10.15% -11.36%
SHAREHOLDERS EQUITY
Retained Earnings $1.285B $1.292B
YoY Change 49.08% 91.59%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.011B $4.995B
YoY Change
Total Liabilities & Shareholders Equity $13.06B $13.40B
YoY Change -2.74% -3.18%

Cashflow Statement

Concept 2023 Q2 2023 Q1
OPERATING ACTIVITIES
Net Income -$7.300M $121.5M
YoY Change -103.9% -36.19%
Depreciation, Depletion And Amortization $102.6M $101.1M
YoY Change 14.38% -11.7%
Cash From Operating Activities $168.2M $219.5M
YoY Change -26.07% 44.22%
INVESTING ACTIVITIES
Capital Expenditures $30.10M $28.00M
YoY Change -182.92% 14.29%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $700.0K -$700.0K
YoY Change -114.58% 133.33%
Cash From Investing Activities -$29.40M -$27.30M
YoY Change -28.47% -30.89%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $269.5M
YoY Change 140.84%
Cash From Financing Activities -196.2M -$275.0M
YoY Change -11.02% 116.19%
NET CHANGE
Cash From Operating Activities 168.2M $219.5M
Cash From Investing Activities -29.40M -$27.30M
Cash From Financing Activities -196.2M -$275.0M
Net Change In Cash -57.40M -$78.00M
YoY Change 68.33% 317.11%
FREE CASH FLOW
Cash From Operating Activities $168.2M $219.5M
Capital Expenditures $30.10M $28.00M
Free Cash Flow $138.1M $191.5M
YoY Change -47.65% 49.96%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q1 dei Amendment Flag
AmendmentFlag
false
CY2023Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001722482
CY2023Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2023Q1 dei Document Type
DocumentType
10-Q
CY2023Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2023Q1 dei Entity File Number
EntityFileNumber
001-38912
CY2023Q1 dei Entity Registrant Name
EntityRegistrantName
Avantor, Inc.
CY2023Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2023Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
82-2758923
CY2023Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
Radnor Corporate Center, Building One, Suite 200
CY2023Q1 dei Entity Address Address Line2
EntityAddressAddressLine2
100 Matsonford Road
CY2023Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Radnor
CY2023Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
PA
CY2023Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
19087
CY2023Q1 dei City Area Code
CityAreaCode
610
CY2023Q1 dei Local Phone Number
LocalPhoneNumber
386-1700
CY2023Q1 dei Security12b Title
Security12bTitle
Common stock, $0.01 par value
CY2023Q1 dei Trading Symbol
TradingSymbol
AVTR
CY2023Q1 dei Security Exchange Name
SecurityExchangeName
NYSE
CY2023Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2023Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2023Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2023Q1 dei Entity Small Business
EntitySmallBusiness
false
CY2023Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2023Q1 dei Entity Shell Company
EntityShellCompany
false
CY2023Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
675107574 shares
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
294600000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
372900000 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
31200000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
28200000 usd
CY2023Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1277200000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1218400000 usd
CY2023Q1 us-gaap Inventory Net
InventoryNet
904000000.0 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
913500000 usd
CY2023Q1 us-gaap Other Assets Current
OtherAssetsCurrent
151500000 usd
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
153100000 usd
CY2023Q1 us-gaap Assets Current
AssetsCurrent
2627300000 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
2657900000 usd
CY2023Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
541200000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
518400000 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
736500000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
727000000.0 usd
CY2023Q1 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
4077100000 usd
CY2022Q4 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
4133300000 usd
CY2023Q1 us-gaap Goodwill
Goodwill
5682500000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
5652600000 usd
CY2023Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
272500000 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
293500000 usd
CY2023Q1 us-gaap Assets
Assets
13395900000 usd
CY2022Q4 us-gaap Assets
Assets
13464300000 usd
CY2023Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
325200000 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
364200000 usd
CY2023Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
765700000 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
758200000 usd
CY2023Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
124600000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
122400000 usd
CY2023Q1 us-gaap Interest Payable Current
InterestPayableCurrent
39400000 usd
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
49900000 usd
CY2023Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
414600000 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
364100000 usd
CY2023Q1 us-gaap Liabilities Current
LiabilitiesCurrent
1669500000 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1658800000 usd
CY2023Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
5736000000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
5923300000 usd
CY2023Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
695700000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
731400000 usd
CY2023Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
300100000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
295400000 usd
CY2023Q1 us-gaap Liabilities
Liabilities
8401300000 usd
CY2022Q4 us-gaap Liabilities
Liabilities
8608900000 usd
CY2023Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
675100000 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
674300000 shares
CY2023Q1 us-gaap Common Stocks Including Additional Paid In Capital
CommonStocksIncludingAdditionalPaidInCapital
3792400000 usd
CY2022Q4 us-gaap Common Stocks Including Additional Paid In Capital
CommonStocksIncludingAdditionalPaidInCapital
3785300000 usd
CY2023Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1291900000 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1170400000 usd
CY2023Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-89700000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-100300000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
4994600000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
4855400000 usd
CY2023Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
13395900000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
13464300000 usd
CY2023Q1 us-gaap Revenues
Revenues
1780300000 usd
CY2022Q1 us-gaap Revenues
Revenues
1950400000 usd
CY2023Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1155500000 usd
CY2022Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1260500000 usd
CY2023Q1 us-gaap Gross Profit
GrossProfit
624800000 usd
CY2022Q1 us-gaap Gross Profit
GrossProfit
689900000 usd
CY2023Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
393600000 usd
CY2022Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
382900000 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
231200000 usd
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
307000000.0 usd
CY2023Q1 us-gaap Interest Expense
InterestExpense
73700000 usd
CY2022Q1 us-gaap Interest Expense
InterestExpense
64800000 usd
CY2023Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2300000 usd
CY2022Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-1800000 usd
CY2023Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
600000 usd
CY2022Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1400000 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
155800000 usd
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
241800000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
34300000 usd
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
51400000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
121500000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
190400000 usd
CY2023Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 usd
CY2022Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
16100000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
121500000 usd
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
174300000 usd
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.18
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.29
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.18
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
674700000 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
610100000 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
678100000 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
681300000 shares
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
121500000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
190400000 usd
CY2023Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
16900000 usd
CY2022Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
-27000000.0 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
-100000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
-300000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
6500000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
200000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
-4900000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
4500000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
5400000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-23000000.0 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
-5200000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
3100000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
10600000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-26100000 usd
CY2023Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
132100000 usd
CY2022Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
164300000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
4855400000 usd
CY2023Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
132100000 usd
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
12600000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
-5500000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
4994600000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
4197000000 usd
CY2022Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
164300000 usd
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
12000000.0 usd
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
16100000 usd
CY2022Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
800000 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
4358000000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
121500000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
190400000 usd
CY2023Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
101100000 usd
CY2022Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
114500000 usd
CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
12700000 usd
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
10700000 usd
CY2023Q1 avtr Provision For Accounts Receivable And Inventory
ProvisionForAccountsReceivableAndInventory
12500000 usd
CY2022Q1 avtr Provision For Accounts Receivable And Inventory
ProvisionForAccountsReceivableAndInventory
15900000 usd
CY2023Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-26400000 usd
CY2022Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-22300000 usd
CY2023Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3400000 usd
CY2022Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4400000 usd
CY2023Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2300000 usd
CY2022Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-1800000 usd
CY2023Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-1800000 usd
CY2022Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1800000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
52200000 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
137300000 usd
CY2023Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-7100000 usd
CY2022Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
46400000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
600000 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
73200000 usd
CY2023Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-10500000 usd
CY2022Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-10000000.0 usd
CY2023Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-44100000 usd
CY2022Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
46200000 usd
CY2023Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1500000 usd
CY2022Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-5300000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
219500000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
152200000 usd
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
28000000.0 usd
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
24500000 usd
CY2023Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
CY2022Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
15300000 usd
CY2023Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-700000 usd
CY2022Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-300000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-27300000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-39500000 usd
CY2023Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
269500000 usd
CY2022Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
111900000 usd
CY2023Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
0 usd
CY2022Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
16100000 usd
CY2023Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2600000 usd
CY2022Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
5700000 usd
CY2023Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-8100000 usd
CY2022Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-4900000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-275000000.0 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-127200000 usd
CY2023Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4800000 usd
CY2022Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-4200000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-78000000.0 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-18700000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
396900000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
327100000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
318900000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
308400000 usd
CY2023Q1 us-gaap Basis Of Accounting
BasisOfAccounting
<div style="margin-top:12pt;padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:700;line-height:120%">Basis of presentation</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">The accompanying condensed consolidated financial statements have been prepared pursuant to SEC regulations whereby certain information normally included in GAAP financial statements has been condensed or omitted. The financial information presented herein reflects all adjustments (consisting only of normal, recurring adjustments) that are, in the opinion of management, necessary for a fair presentation of the results for the interim periods presented. The results for interim periods are not necessarily indicative of the results to be expected for the full year.</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">We believe that the disclosures included herein are adequate to make the information presented not misleading in any material respect when read in conjunction with the audited consolidated financial statements and notes thereto included in our Annual Report. Those audited consolidated financial statements include a summary of our significant accounting policies.</span></div>
CY2023Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:700;line-height:120%">Use of estimates</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the amounts reported throughout the financial statements. Actual results could differ from those estimates.</span></div>
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
121500000 usd
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
674700000 shares
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.18
CY2023Q1 us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
0 usd
CY2023Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3400000 shares
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
121500000 usd
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
678100000 shares
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.18
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
174300000 usd
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
610100000 shares
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.29
CY2022Q1 us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
0 usd
CY2022Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
8300000 shares
CY2023Q1 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
16100000 usd
CY2023Q1 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
62900000 shares
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
190400000 usd
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
681300000 shares
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
CY2023Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2022Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
114500000 usd
CY2023Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2300000 usd
CY2022Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-1800000 usd
CY2023Q1 us-gaap Revenues
Revenues
1780300000 usd
CY2022Q1 us-gaap Revenues
Revenues
1950400000 usd
CY2023Q1 avtr Adjusted Ebitda
AdjustedEBITDA
346200000 usd
CY2022Q1 avtr Adjusted Ebitda
AdjustedEBITDA
423100000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
121500000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
190400000 usd
CY2023Q1 us-gaap Interest Expense
InterestExpense
73700000 usd
CY2022Q1 us-gaap Interest Expense
InterestExpense
64800000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
34300000 usd
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
51400000 usd
CY2023Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
101100000 usd
CY2023Q1 avtr Foreign Currency Transaction Gain Loss From Financing Activities
ForeignCurrencyTransactionGainLossFromFinancingActivities
200000 usd
CY2022Q1 avtr Foreign Currency Transaction Gain Loss From Financing Activities
ForeignCurrencyTransactionGainLossFromFinancingActivities
-100000 usd
CY2023Q1 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
100000 usd
CY2022Q1 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
-1300000 usd
CY2023Q1 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
8700000 usd
CY2022Q1 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
3900000 usd
CY2023Q1 avtr Business Combination Contingent Consideration Purchase Accounting Adjustments
BusinessCombinationContingentConsiderationPurchaseAccountingAdjustments
0 usd
CY2022Q1 avtr Business Combination Contingent Consideration Purchase Accounting Adjustments
BusinessCombinationContingentConsiderationPurchaseAccountingAdjustments
-4400000 usd
CY2023Q1 us-gaap Restructuring Charges
RestructuringCharges
4700000 usd
CY2022Q1 us-gaap Restructuring Charges
RestructuringCharges
1900000 usd
CY2023Q1 avtr Adjusted Ebitda
AdjustedEBITDA
346200000 usd
CY2022Q1 avtr Adjusted Ebitda
AdjustedEBITDA
423100000 usd
CY2023Q1 us-gaap Revenues
Revenues
1780300000 usd
CY2022Q1 us-gaap Revenues
Revenues
1950400000 usd
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
294600000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
372900000 usd
CY2023Q1 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
24300000 usd
CY2022Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
24000000.0 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
318900000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
396900000 usd
CY2023Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
13600000 usd
CY2022Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
47600000 usd
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
79500000 usd
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
68200000 usd
CY2023Q1 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
1200000 usd
CY2022Q1 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
1300000 usd
CY2023Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
10400000 usd
CY2022Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
11500000 usd
CY2023Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1200000 usd
CY2022Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1200000 usd
CY2023Q1 us-gaap Retail Related Inventory Merchandise
RetailRelatedInventoryMerchandise
546800000 usd
CY2022Q4 us-gaap Retail Related Inventory Merchandise
RetailRelatedInventoryMerchandise
556100000 usd
CY2023Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
93500000 usd
CY2022Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
117100000 usd
CY2023Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
192600000 usd
CY2022Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
181200000 usd
CY2023Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
71100000 usd
CY2022Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
59100000 usd
CY2023Q1 us-gaap Inventory Net
InventoryNet
904000000.0 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
913500000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
5823600000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1838800000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3984800000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
5791700000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1750700000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4041000000 usd
CY2023Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
92300000 usd
CY2022Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
92300000 usd
CY2023Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
4077100000 usd
CY2022Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
4133300000 usd
CY2023Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
6117700000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
6349100000 usd
CY2023Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
56500000 usd
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
61600000 usd
CY2023Q1 us-gaap Long Term Debt
LongTermDebt
6061200000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
6287500000 usd
CY2023Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
325200000 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
364200000 usd
CY2023Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
5736000000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
5923300000 usd
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-43200000 usd
CY2023Q1 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
867800000 usd
CY2023Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
13700000 usd
CY2023Q1 us-gaap Line Of Credit
LineOfCredit
287300000 usd
CY2023Q1 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
566800000 usd
CY2022Q4 avtr Line Of Credit Facility Current Borrowing Capacity Upsize
LineOfCreditFacilityCurrentBorrowingCapacityUpsize
400000000 usd
CY2023Q1 avtr Line Of Credit Facility Covenant Compliance Draw Trigger Percentage
LineOfCreditFacilityCovenantComplianceDrawTriggerPercentage
0.35
CY2023Q1 avtr Line Of Credit Facility Covenant Compliance Draw Trigger Percentage
LineOfCreditFacilityCovenantComplianceDrawTriggerPercentage
0.35
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-100300000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
11900000 usd
CY2023Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
6500000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
-5200000 usd
CY2023Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-89700000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
-22700000 usd
CY2022Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
300000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
3100000 usd
CY2022Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-69300000 usd
CY2023Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
12700000 usd
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10700000 usd
CY2023Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
112600000 usd
CY2023Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y1M6D
CY2022Q1 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
100000 usd
CY2023Q1 us-gaap Restricted Stock Expense
RestrictedStockExpense
2300000 usd
CY2022Q1 us-gaap Restricted Stock Expense
RestrictedStockExpense
2300000 usd
CY2023Q1 avtr Foreign Currency Transaction Gain Loss From Financing Activities
ForeignCurrencyTransactionGainLossFromFinancingActivities
200000 usd
CY2022Q1 avtr Foreign Currency Transaction Gain Loss From Financing Activities
ForeignCurrencyTransactionGainLossFromFinancingActivities
-100000 usd
CY2023Q1 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-400000 usd
CY2022Q1 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-1400000 usd
CY2023Q1 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
0 usd
CY2023Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
600000 usd
CY2022Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1400000 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
155800000 usd
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
241800000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
34300000 usd
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
51400000 usd
CY2023Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.220
CY2022Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.213
CY2023Q1 us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
14100000 usd
CY2023Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
6117700000 usd
CY2023Q1 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
5900500000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
6349100000 usd
CY2022Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
5998600000 usd
CY2023Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
393600000 usd
CY2022Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
382900000 usd
CY2023Q1 us-gaap Interest Expense
InterestExpense
73700000 usd
CY2022Q1 us-gaap Interest Expense
InterestExpense
64800000 usd
CY2023Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2300000 usd
CY2022Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-1800000 usd
CY2023Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
600000 usd
CY2022Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1400000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
34300000 usd
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
51400000 usd

Files In Submission

Name View Source Status
0001722482-23-000100-index-headers.html Edgar Link pending
0001722482-23-000100-index.html Edgar Link pending
0001722482-23-000100.txt Edgar Link pending
0001722482-23-000100-xbrl.zip Edgar Link pending
a2023q1ex311.htm Edgar Link pending
a2023q1ex312.htm Edgar Link pending
a2023q1ex321.htm Edgar Link pending
a2023q1ex322.htm Edgar Link pending
avtr-20230331.htm Edgar Link pending
avtr-20230331.xsd Edgar Link pending
avtr-20230331_g1.jpg Edgar Link pending
finalavantor-amendmentno.htm Edgar Link pending
finalavantor-amendmentno001.jpg Edgar Link pending
finalavantor-amendmentno002.jpg Edgar Link pending
finalavantor-amendmentno003.jpg Edgar Link pending
finalavantor-amendmentno004.jpg Edgar Link pending
finalavantor-amendmentno005.jpg Edgar Link pending
finalavantor-amendmentno006.jpg Edgar Link pending
finalavantor-amendmentno007.jpg Edgar Link pending
finalavantor-amendmentno008.jpg Edgar Link pending
finalavantor-amendmentno009.jpg Edgar Link pending
finalavantor-amendmentno010.jpg Edgar Link pending
finalavantor-amendmentno011.jpg Edgar Link pending
finalavantor-amendmentno012.jpg Edgar Link pending
finalavantor-amendmentno013.jpg Edgar Link pending
finalavantor-amendmentno014.jpg Edgar Link pending
finalavantor-amendmentno015.jpg Edgar Link pending
finalavantor-amendmentno016.jpg Edgar Link pending
finalavantor-amendmentno017.jpg Edgar Link pending
finalavantor-amendmentno018.jpg Edgar Link pending
finalavantor-amendmentno019.jpg Edgar Link pending
finalavantor-amendmentno020.jpg Edgar Link pending
finalavantor-amendmentno021.jpg Edgar Link pending
finalavantor-amendmentno022.jpg Edgar Link pending
avtr-20230331_cal.xml Edgar Link unprocessable
avtr-20230331_def.xml Edgar Link unprocessable
avtr-20230331_pre.xml Edgar Link unprocessable
avtr-20230331_lab.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
avtr-20230331_htm.xml Edgar Link completed
finalavantor-amendmentno023.jpg Edgar Link pending
finalavantor-amendmentno024.jpg Edgar Link pending
finalavantor-amendmentno025.jpg Edgar Link pending
finalavantor-amendmentno026.jpg Edgar Link pending
finalavantor-amendmentno027.jpg Edgar Link pending
finalavantor-amendmentno028.jpg Edgar Link pending
finalavantor-amendmentno029.jpg Edgar Link pending
finalavantor-amendmentno030.jpg Edgar Link pending
finalavantor-amendmentno031.jpg Edgar Link pending
finalavantor-amendmentno032.jpg Edgar Link pending
finalavantor-amendmentno033.jpg Edgar Link pending
finalavantor-amendmentno034.jpg Edgar Link pending
finalavantor-amendmentno035.jpg Edgar Link pending
finalavantor-amendmentno036.jpg Edgar Link pending
finalavantor-amendmentno037.jpg Edgar Link pending
finalavantor-amendmentno038.jpg Edgar Link pending
finalavantor-amendmentno039.jpg Edgar Link pending
finalavantor-amendmentno040.jpg Edgar Link pending
finalavantor-amendmentno041.jpg Edgar Link pending
finalavantor-amendmentno042.jpg Edgar Link pending
finalavantor-amendmentno043.jpg Edgar Link pending
finalavantor-amendmentno044.jpg Edgar Link pending
finalavantor-amendmentno045.jpg Edgar Link pending
finalavantor-amendmentno046.jpg Edgar Link pending
finalavantor-amendmentno047.jpg Edgar Link pending
finalavantor-amendmentno048.jpg Edgar Link pending
finalavantor-amendmentno049.jpg Edgar Link pending
finalavantor-amendmentno050.jpg Edgar Link pending
finalavantor-amendmentno051.jpg Edgar Link pending
finalavantor-amendmentno052.jpg Edgar Link pending
finalavantor-amendmentno053.jpg Edgar Link pending
finalavantor-amendmentno054.jpg Edgar Link pending
finalavantor-amendmentno055.jpg Edgar Link pending
finalavantor-amendmentno056.jpg Edgar Link pending
finalavantor-amendmentno057.jpg Edgar Link pending
finalavantor-amendmentno058.jpg Edgar Link pending
finalavantor-amendmentno059.jpg Edgar Link pending
finalavantor-amendmentno060.jpg Edgar Link pending
finalavantor-amendmentno061.jpg Edgar Link pending
finalavantor-amendmentno062.jpg Edgar Link pending
finalavantor-amendmentno063.jpg Edgar Link pending
finalavantor-amendmentno064.jpg Edgar Link pending
finalavantor-amendmentno065.jpg Edgar Link pending
finalavantor-amendmentno066.jpg Edgar Link pending
finalavantor-amendmentno067.jpg Edgar Link pending
finalavantor-amendmentno068.jpg Edgar Link pending
finalavantor-amendmentno069.jpg Edgar Link pending
finalavantor-amendmentno070.jpg Edgar Link pending
finalavantor-amendmentno071.jpg Edgar Link pending
finalavantor-amendmentno072.jpg Edgar Link pending
finalavantor-amendmentno073.jpg Edgar Link pending
finalavantor-amendmentno074.jpg Edgar Link pending
finalavantor-amendmentno075.jpg Edgar Link pending
finalavantor-amendmentno076.jpg Edgar Link pending
finalavantor-amendmentno077.jpg Edgar Link pending
finalavantor-amendmentno078.jpg Edgar Link pending
finalavantor-amendmentno079.jpg Edgar Link pending
finalavantor-amendmentno080.jpg Edgar Link pending
finalavantor-amendmentno081.jpg Edgar Link pending
finalavantor-amendmentno082.jpg Edgar Link pending
finalavantor-amendmentno083.jpg Edgar Link pending
finalavantor-amendmentno084.jpg Edgar Link pending
finalavantor-amendmentno085.jpg Edgar Link pending
finalavantor-amendmentno086.jpg Edgar Link pending
finalavantor-amendmentno087.jpg Edgar Link pending
finalavantor-amendmentno088.jpg Edgar Link pending
finalavantor-amendmentno089.jpg Edgar Link pending
finalavantor-amendmentno090.jpg Edgar Link pending
finalavantor-amendmentno091.jpg Edgar Link pending
finalavantor-amendmentno092.jpg Edgar Link pending
finalavantor-amendmentno093.jpg Edgar Link pending
finalavantor-amendmentno094.jpg Edgar Link pending
finalavantor-amendmentno095.jpg Edgar Link pending
finalavantor-amendmentno096.jpg Edgar Link pending
finalavantor-amendmentno097.jpg Edgar Link pending
finalavantor-amendmentno098.jpg Edgar Link pending
finalavantor-amendmentno099.jpg Edgar Link pending
finalavantor-amendmentno100.jpg Edgar Link pending
finalavantor-amendmentno101.jpg Edgar Link pending
finalavantor-amendmentno102.jpg Edgar Link pending
finalavantor-amendmentno103.jpg Edgar Link pending
finalavantor-amendmentno104.jpg Edgar Link pending
finalavantor-amendmentno105.jpg Edgar Link pending
finalavantor-amendmentno106.jpg Edgar Link pending
finalavantor-amendmentno107.jpg Edgar Link pending
finalavantor-amendmentno108.jpg Edgar Link pending
finalavantor-amendmentno109.jpg Edgar Link pending
finalavantor-amendmentno110.jpg Edgar Link pending
finalavantor-amendmentno111.jpg Edgar Link pending
finalavantor-amendmentno112.jpg Edgar Link pending
finalavantor-amendmentno113.jpg Edgar Link pending
finalavantor-amendmentno114.jpg Edgar Link pending
finalavantor-amendmentno115.jpg Edgar Link pending
finalavantor-amendmentno116.jpg Edgar Link pending
finalavantor-amendmentno117.jpg Edgar Link pending
finalavantor-amendmentno118.jpg Edgar Link pending
finalavantor-amendmentno119.jpg Edgar Link pending
finalavantor-amendmentno120.jpg Edgar Link pending
finalavantor-amendmentno121.jpg Edgar Link pending
finalavantor-amendmentno122.jpg Edgar Link pending
finalavantor-amendmentno123.jpg Edgar Link pending
finalavantor-amendmentno124.jpg Edgar Link pending
finalavantor-amendmentno125.jpg Edgar Link pending
finalavantor-amendmentno126.jpg Edgar Link pending
finalavantor-amendmentno127.jpg Edgar Link pending
finalavantor-amendmentno128.jpg Edgar Link pending
finalavantor-amendmentno129.jpg Edgar Link pending
finalavantor-amendmentno130.jpg Edgar Link pending
finalavantor-amendmentno131.jpg Edgar Link pending
finalavantor-amendmentno132.jpg Edgar Link pending
finalavantor-amendmentno133.jpg Edgar Link pending
finalavantor-amendmentno134.jpg Edgar Link pending
finalavantor-amendmentno135.jpg Edgar Link pending
finalavantor-amendmentno136.jpg Edgar Link pending
finalavantor-amendmentno137.jpg Edgar Link pending
finalavantor-amendmentno138.jpg Edgar Link pending
finalavantor-amendmentno139.jpg Edgar Link pending
finalavantor-amendmentno140.jpg Edgar Link pending
finalavantor-amendmentno141.jpg Edgar Link pending
finalavantor-amendmentno142.jpg Edgar Link pending
finalavantor-amendmentno143.jpg Edgar Link pending
finalavantor-amendmentno144.jpg Edgar Link pending
finalavantor-amendmentno145.jpg Edgar Link pending
finalavantor-amendmentno146.jpg Edgar Link pending
finalavantor-amendmentno147.jpg Edgar Link pending
finalavantor-amendmentno148.jpg Edgar Link pending
finalavantor-amendmentno149.jpg Edgar Link pending
finalavantor-amendmentno150.jpg Edgar Link pending
finalavantor-amendmentno151.jpg Edgar Link pending
finalavantor-amendmentno152.jpg Edgar Link pending
finalavantor-amendmentno153.jpg Edgar Link pending
finalavantor-amendmentno154.jpg Edgar Link pending
finalavantor-amendmentno155.jpg Edgar Link pending
finalavantor-amendmentno156.jpg Edgar Link pending
finalavantor-amendmentno157.jpg Edgar Link pending
finalavantor-amendmentno158.jpg Edgar Link pending
finalavantor-amendmentno159.jpg Edgar Link pending
finalavantor-amendmentno160.jpg Edgar Link pending
finalavantor-amendmentno161.jpg Edgar Link pending
finalavantor-amendmentno162.jpg Edgar Link pending
finalavantor-amendmentno163.jpg Edgar Link pending
finalavantor-amendmentno164.jpg Edgar Link pending
finalavantor-amendmentno165.jpg Edgar Link pending
finalavantor-amendmentno166.jpg Edgar Link pending
finalavantor-amendmentno167.jpg Edgar Link pending
finalavantor-amendmentno168.jpg Edgar Link pending
finalavantor-amendmentno169.jpg Edgar Link pending
finalavantor-amendmentno170.jpg Edgar Link pending
finalavantor-amendmentno171.jpg Edgar Link pending
finalavantor-amendmentno172.jpg Edgar Link pending
finalavantor-amendmentno173.jpg Edgar Link pending
finalavantor-amendmentno174.jpg Edgar Link pending
finalavantor-amendmentno175.jpg Edgar Link pending
finalavantor-amendmentno176.jpg Edgar Link pending
finalavantor-amendmentno177.jpg Edgar Link pending
finalavantor-amendmentno178.jpg Edgar Link pending
finalavantor-amendmentno179.jpg Edgar Link pending
finalavantor-amendmentno180.jpg Edgar Link pending
finalavantor-amendmentno181.jpg Edgar Link pending
finalavantor-amendmentno182.jpg Edgar Link pending
finalavantor-amendmentno183.jpg Edgar Link pending
finalavantor-amendmentno184.jpg Edgar Link pending
finalavantor-amendmentno185.jpg Edgar Link pending
finalavantor-amendmentno186.jpg Edgar Link pending
finalavantor-amendmentno187.jpg Edgar Link pending
finalavantor-amendmentno188.jpg Edgar Link pending
finalavantor-amendmentno189.jpg Edgar Link pending
finalavantor-amendmentno190.jpg Edgar Link pending
finalavantor-amendmentno191.jpg Edgar Link pending
finalavantor-amendmentno192.jpg Edgar Link pending
finalavantor-amendmentno193.jpg Edgar Link pending
finalavantor-amendmentno194.jpg Edgar Link pending
finalavantor-amendmentno195.jpg Edgar Link pending
finalavantor-amendmentno196.jpg Edgar Link pending
finalavantor-amendmentno197.jpg Edgar Link pending
finalavantor-amendmentno198.jpg Edgar Link pending
finalavantor-amendmentno199.jpg Edgar Link pending
finalavantor-amendmentno200.jpg Edgar Link pending
finalavantor-amendmentno201.jpg Edgar Link pending
finalavantor-amendmentno202.jpg Edgar Link pending
finalavantor-amendmentno203.jpg Edgar Link pending
finalavantor-amendmentno204.jpg Edgar Link pending
finalavantor-amendmentno205.jpg Edgar Link pending
finalavantor-amendmentno206.jpg Edgar Link pending
finalavantor-amendmentno207.jpg Edgar Link pending
finalavantor-amendmentno208.jpg Edgar Link pending
finalavantor-amendmentno209.jpg Edgar Link pending
finalavantor-amendmentno210.jpg Edgar Link pending
finalavantor-amendmentno211.jpg Edgar Link pending
finalavantor-amendmentno212.jpg Edgar Link pending
finalavantor-amendmentno213.jpg Edgar Link pending
finalavantor-amendmentno214.jpg Edgar Link pending
finalavantor-amendmentno215.jpg Edgar Link pending
finalavantor-amendmentno216.jpg Edgar Link pending
finalavantor-amendmentno217.jpg Edgar Link pending
finalavantor-amendmentno218.jpg Edgar Link pending
finalavantor-amendmentno219.jpg Edgar Link pending
finalavantor-amendmentno220.jpg Edgar Link pending
finalavantor-amendmentno221.jpg Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending