$AVY
Avery Dennison Corp

2019 Q4 Form 10-Q Financial Statement

#000110465919057234 Filed on October 29, 2019

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2018 Q4
Revenue $1.773B $1.761B $1.769B
YoY Change 0.24% 0.1% 1.92%
Cost Of Revenue $1.288B $1.290B $1.297B
YoY Change -0.69% -0.83% 2.17%
Gross Profit $484.7M $471.7M $471.5M
YoY Change 2.8% 2.72% 1.27%
Gross Profit Margin 27.34% 26.78% 26.66%
Selling, General & Admin $250.0M $265.3M $264.4M
YoY Change -5.45% -1.92% 1.19%
% of Gross Profit 51.58% 56.24% 56.08%
Research & Development $21.40M $21.70M $23.70M
YoY Change -9.7% -11.43% 1.28%
% of Gross Profit 4.42% 4.6% 5.03%
Depreciation & Amortization $45.60M $44.00M $45.00M
YoY Change 1.33% -5.78% 2.51%
% of Gross Profit 9.41% 9.33% 9.54%
Operating Expenses $271.4M $265.3M $288.1M
YoY Change -5.8% -1.92% 1.19%
Operating Profit $213.3M $206.4M $183.4M
YoY Change 16.3% 9.38% 1.38%
Interest Expense -$19.50M $19.00M -$2.700M
YoY Change 622.22% 29.25% -81.51%
% of Operating Profit -9.14% 9.21% -1.47%
Other Income/Expense, Net $100.0K -$800.0K -$89.90M
YoY Change -100.11% -91.11%
Pretax Income $165.3M $179.9M $87.80M
YoY Change 88.27% 7.08% -44.18%
Income Tax $2.200M $34.60M -$10.40M
% Of Pretax Income 1.33% 19.23% -11.85%
Net Earnings $162.5M $144.6M $97.10M
YoY Change 67.35% -3.28% -262.92%
Net Earnings / Revenue 9.17% 8.21% 5.49%
Basic Earnings Per Share $1.95 $1.72 $1.13
Diluted Earnings Per Share $1.92 $1.71 $1.11
COMMON SHARES
Basic Shares Outstanding 83.50M 84.00M
Diluted Shares Outstanding 84.80M

Balance Sheet

Concept 2019 Q4 2019 Q3 2018 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $253.7M $224.2M $232.0M
YoY Change 9.35% 3.03% 3.39%
Cash & Equivalents $253.7M $224.2M $232.0M
Short-Term Investments
Other Short-Term Assets $211.7M $220.0M $224.9M
YoY Change -5.87% -1.35% 15.51%
Inventory $663.0M $665.0M $651.4M
Prepaid Expenses
Receivables $1.212B $1.224B $1.190B
Other Receivables $0.00 $0.00 $27.00M
Total Short-Term Assets $2.341B $2.333B $2.298B
YoY Change 1.85% -1.08% 2.69%
LONG-TERM ASSETS
Property, Plant & Equipment $1.211B $1.142B $1.137B
YoY Change 6.44% 5.08% 3.6%
Goodwill $930.8M $920.4M $941.8M
YoY Change -1.17% -4.4%
Intangibles $126.5M $129.1M $144.0M
YoY Change -12.15%
Long-Term Investments $8.800M $8.800M $6.700M
YoY Change 31.34% 22.22%
Other Assets $654.8M $617.9M $451.0M
YoY Change 45.19% -1.5% -30.58%
Total Long-Term Assets $3.148B $3.005B $2.880B
YoY Change 9.33% 6.45% -0.67%
TOTAL ASSETS
Total Short-Term Assets $2.341B $2.333B $2.298B
Total Long-Term Assets $3.148B $3.005B $2.880B
Total Assets $5.489B $5.339B $5.178B
YoY Change 6.01% 3.03% 0.79%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.066B $1.041B $1.031B
YoY Change 3.45% -0.65% 2.31%
Accrued Expenses $394.2M $231.6M $347.7M
YoY Change 13.37% -68.44% -45.99%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $440.2M $514.2M $194.6M
YoY Change 126.21% -10.06% -26.68%
Total Short-Term Liabilities $2.254B $2.268B $1.994B
YoY Change 13.03% -3.83% 1.13%
LONG-TERM LIABILITIES
Long-Term Debt $1.499B $1.484B $1.772B
YoY Change -15.37% 14.54% 34.59%
Other Long-Term Liabilities $421.4M $427.0M $334.7M
YoY Change 25.9% 20.79% -46.81%
Total Long-Term Liabilities $1.921B $1.911B $2.106B
YoY Change -8.81% 15.88% 8.26%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.254B $2.268B $1.994B
Total Long-Term Liabilities $1.921B $1.911B $2.106B
Total Liabilities $4.285B $4.281B $4.222B
YoY Change 1.48% 3.54% 3.22%
SHAREHOLDERS EQUITY
Retained Earnings $2.979B $2.862B $2.865B
YoY Change 3.99%
Common Stock $998.1M $988.9M $996.1M
YoY Change 0.2% 696.86%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares $40.54M $39.40M
Shareholders Equity $1.204B $1.057B $955.1M
YoY Change
Total Liabilities & Shareholders Equity $5.489B $5.339B $5.178B
YoY Change 6.01% 3.03% 0.79%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2018 Q4
OPERATING ACTIVITIES
Net Income $162.5M $144.6M $97.10M
YoY Change 67.35% -3.28% -262.92%
Depreciation, Depletion And Amortization $45.60M $44.00M $45.00M
YoY Change 1.33% -5.78% 2.51%
Cash From Operating Activities $279.5M $228.2M $270.2M
YoY Change 3.44% -1146.79% 5.63%
INVESTING ACTIVITIES
Capital Expenditures -$96.90M -$67.50M -$102.4M
YoY Change -5.37% 11.02% 12.28%
Acquisitions
YoY Change
Other Investing Activities $1.500M -$500.0K -$2.700M
YoY Change -155.56% -103.23% -68.97%
Cash From Investing Activities -$95.40M -$68.00M -$105.1M
YoY Change -9.23% 50.11% 5.21%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -156.9M -178.5M -150.2M
YoY Change 4.46% -341.54% -8.8%
NET CHANGE
Cash From Operating Activities 279.5M 228.2M 270.2M
Cash From Investing Activities -95.40M -68.00M -105.1M
Cash From Financing Activities -156.9M -178.5M -150.2M
Net Change In Cash 27.20M -18.30M 14.90M
YoY Change 82.55% -369.12% -269.32%
FREE CASH FLOW
Cash From Operating Activities $279.5M $228.2M $270.2M
Capital Expenditures -$96.90M -$67.50M -$102.4M
Free Cash Flow $376.4M $295.7M $372.6M
YoY Change 1.02% 658.21% 7.38%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2019Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2018Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2018Q3 avy Length Of Fiscal Period
LengthOfFiscalPeriod
P91D
CY2019Q3 avy Length Of Fiscal Period
LengthOfFiscalPeriod
P91D
dei Entity Central Index Key
EntityCentralIndexKey
0000008818
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-28
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2019
dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
CY2019Q3 us-gaap Assets Current
AssetsCurrent
2333400000
avy Length Of Fiscal Period
LengthOfFiscalPeriod
P273D
avy Length Of Fiscal Period
LengthOfFiscalPeriod
P273D
CY2019Q3 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
us-gaap:OtherAssetsNoncurrent
CY2019Q3 us-gaap Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List
FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
us-gaap:PropertyPlantAndEquipmentNet
CY2019Q3 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
us-gaap:OtherAccruedLiabilitiesCurrent
CY2019Q3 us-gaap Finance Lease Liability Current Statement Of Financial Position Extensible List
FinanceLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
us-gaap:DebtCurrent
CY2019Q3 us-gaap Operating Lease Liability Noncurrent Statement Of Financial Position Extensible List
OperatingLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
avy:LongTermRetirementBenefitsAndOtherLiabilities
CY2019Q3 us-gaap Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List
FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
us-gaap:LongTermDebtAndCapitalLeaseObligations
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2019-09-28
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
1-7685
dei Entity Registrant Name
EntityRegistrantName
AVERY DENNISON CORP
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
95-1492269
dei Entity Address Address Line1
EntityAddressAddressLine1
207 Goode Avenue
dei Entity Address City Or Town
EntityAddressCityOrTown
Glendale
dei Entity Address State Or Province
EntityAddressStateOrProvince
CA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
91203
dei City Area Code
CityAreaCode
626
dei Local Phone Number
LocalPhoneNumber
304-2000
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2019Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
83502894
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
224200000
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
232000000.0
CY2019Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
25000000.0
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
21100000
CY2019Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1224200000
CY2018Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1189700000
CY2019Q3 us-gaap Inventory Net
InventoryNet
665000000.0
CY2018Q4 us-gaap Inventory Net
InventoryNet
651400000
CY2019Q3 us-gaap Other Assets Current
OtherAssetsCurrent
220000000.0
CY2018Q4 us-gaap Other Assets Current
OtherAssetsCurrent
224900000
CY2018Q4 us-gaap Assets Current
AssetsCurrent
2298000000.0
CY2019Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1142100000
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1137400000
CY2019Q3 us-gaap Goodwill
Goodwill
920400000
CY2018Q4 us-gaap Goodwill
Goodwill
941800000
CY2019Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
129100000
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
144000000.0
CY2019Q3 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
195800000
CY2018Q4 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
205300000
CY2019Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
617900000
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
451000000.0
CY2019Q3 us-gaap Assets
Assets
5338700000
CY2018Q4 us-gaap Assets
Assets
5177500000
CY2019Q3 us-gaap Debt Current
DebtCurrent
514200000
CY2018Q4 us-gaap Debt Current
DebtCurrent
194600000
CY2019Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
1041200000
CY2018Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1030500000
CY2019Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
192000000.0
CY2018Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
217900000
CY2019Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
520500000
CY2018Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
551000000.0
CY2019Q3 us-gaap Liabilities Current
LiabilitiesCurrent
2267900000
CY2018Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1994000000.0
CY2019Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
1483700000
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
1771600000
CY2019Q3 avy Long Term Retirement Benefits And Other Liabilities
LongTermRetirementBenefitsAndOtherLiabilities
427000000.0
CY2018Q4 avy Long Term Retirement Benefits And Other Liabilities
LongTermRetirementBenefitsAndOtherLiabilities
334700000
CY2019Q3 avy Non Current Deferred And Payable Income Taxes
NonCurrentDeferredAndPayableIncomeTaxes
102700000
CY2018Q4 avy Non Current Deferred And Payable Income Taxes
NonCurrentDeferredAndPayableIncomeTaxes
122100000
CY2018Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2019Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2018Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
400000000
CY2019Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
400000000
CY2018Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
124126624
CY2019Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
124126624
CY2019Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
83584779
CY2018Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
84723655
CY2019Q3 us-gaap Common Stock Value
CommonStockValue
124100000
CY2018Q4 us-gaap Common Stock Value
CommonStockValue
124100000
CY2019Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
864800000
CY2018Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
872000000.0
CY2019Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2861700000
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2864900000
CY2019Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
40541845
CY2018Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
39402969
CY2019Q3 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
2393900000
CY2018Q4 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
2223900000
CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-399300000
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-682000000.0
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
1057400000
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
955100000
CY2019Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
5338700000
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
5177500000
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1761400000
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1759700000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5297200000
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
84000000.0
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
467000000.0
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5390300000
CY2019Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1289700000
CY2018Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1300500000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
3877800000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
3946300000
CY2019Q3 us-gaap Gross Profit
GrossProfit
471700000
CY2018Q3 us-gaap Gross Profit
GrossProfit
459200000
us-gaap Gross Profit
GrossProfit
1419400000
us-gaap Gross Profit
GrossProfit
1444000000.0
CY2019Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
265300000
CY2018Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
270500000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
807300000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
853000000.0
CY2019Q3 avy Other Expense Net
OtherExpenseNet
6700000
CY2018Q3 avy Other Expense Net
OtherExpenseNet
-3000000.0
avy Other Expense Net
OtherExpenseNet
21700000
avy Other Expense Net
OtherExpenseNet
66900000
CY2019Q3 us-gaap Interest Expense
InterestExpense
19000000.0
CY2018Q3 us-gaap Interest Expense
InterestExpense
14700000
us-gaap Interest Expense
InterestExpense
58000000.0
us-gaap Interest Expense
InterestExpense
42200000
CY2019Q3 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
800000
CY2018Q3 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
9000000.0
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
448200000
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
14900000
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
179900000
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
168000000.0
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
84200000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
467000000.0
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
34600000
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17700000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-58900000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
94900000
CY2019Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-700000
CY2018Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-800000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-2000000.0
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-1800000
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
144600000
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
149500000
us-gaap Net Income Loss
NetIncomeLoss
141100000
us-gaap Net Income Loss
NetIncomeLoss
370300000
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.72
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.71
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.68
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.22
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.71
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.69
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.66
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.16
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
87300000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
84200000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
87700000
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
84800000
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
88500000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
85100000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
89100000
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
144600000
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
149500000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
141100000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
370300000
CY2019Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-28700000
CY2018Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-32100000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-17100000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-83700000
CY2019Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-500000
CY2018Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-11800000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-301400000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-23500000
CY2019Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-1300000
CY2018Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-400000
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-1600000
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
300000
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-29500000
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-20700000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
282700000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-59900000
CY2019Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
115100000
CY2018Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
128800000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
423800000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
310400000
us-gaap Profit Loss
ProfitLoss
141100000
us-gaap Profit Loss
ProfitLoss
370300000
us-gaap Depreciation
Depreciation
105300000
us-gaap Depreciation
Depreciation
106200000
us-gaap Adjustment For Amortization
AdjustmentForAmortization
28100000
us-gaap Adjustment For Amortization
AdjustmentForAmortization
29800000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
42400000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
34300000
us-gaap Share Based Compensation
ShareBasedCompensation
25500000
us-gaap Share Based Compensation
ShareBasedCompensation
24800000
us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
-446900000
us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
-7400000
avy Noncash Income Taxes
NoncashIncomeTaxes
-176400000
avy Noncash Income Taxes
NoncashIncomeTaxes
-7800000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-17500000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-47400000
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
163400000
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
424700000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
187700000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
132900000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
132700000
avy Purchase Of Software And Other Deferred Charges
PurchaseOfSoftwareAndOtherDeferredCharges
27400000
avy Purchase Of Software And Other Deferred Charges
PurchaseOfSoftwareAndOtherDeferredCharges
21500000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
7700000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
9400000
avy Payments For Proceeds From Investments And Proceeds From Insurance
PaymentsForProceedsFromInvestmentsAndProceedsFromInsurance
-3500000
avy Payments For Proceeds From Investments And Proceeds From Insurance
PaymentsForProceedsFromInvestmentsAndProceedsFromInsurance
-17600000
us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
6500000
us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
200000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-155600000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-127400000
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
68900000
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
301400000
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
17700000
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
4400000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
141300000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
130600000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
204300000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
175100000
avy Proceeds Tax Withholding Related To Stock Based Compensation
ProceedsTaxWithholdingRelatedToStockBasedCompensation
-17400000
avy Proceeds Tax Withholding Related To Stock Based Compensation
ProceedsTaxWithholdingRelatedToStockBasedCompensation
-31900000
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
1600000
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
17300000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-313400000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-57900000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-5800000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-9200000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-7800000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-6800000
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
232000000.0
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
224400000
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
224200000
CY2018Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
217600000
us-gaap Fiscal Period
FiscalPeriod
<p style="font-family:'Times New Roman';font-size:10pt;text-align:justify;margin:0pt;"><span style="font-style:italic;font-weight:bold;">Fiscal Periods</span></p><p style="font-family:'Times New Roman';font-size:10pt;text-align:justify;margin:0pt;">The three and nine months ended September 28, 2019 and September 29, 2018 consisted of thirteen-week and thirty-nine week periods, respectively.</p><p style="font-family:'Times New Roman';font-size:10pt;text-align:justify;margin:0pt;"><span style="visibility:hidden;">​</span></p>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="font-family:'Times New Roman';font-size:10pt;text-align:justify;margin:0pt;"><span style="font-style:italic;font-weight:bold;">Reclassifications</span></p><p style="font-family:'Times New Roman';font-size:10pt;text-align:justify;margin:0pt;">Certain prior year amounts have been reclassified to conform to the current year presentation. </p><p style="font-family:'Times New Roman';font-size:10pt;text-align:justify;margin:0pt;"><span style="visibility:hidden;">​</span></p>
CY2019Q1 us-gaap Lease Practical Expedients Package
LeasePracticalExpedientsPackage
true
CY2019Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
16200000
us-gaap Operating Lease Cost
OperatingLeaseCost
48700000
CY2019Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
143300000
CY2019Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
30100000
CY2019Q3 avy Lessee Operating And Finance Lease Assets
LesseeOperatingAndFinanceLeaseAssets
173400000
CY2019Q3 avy Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
5700000
CY2019Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
39600000
CY2019Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
3700000
CY2019Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
105900000
CY2019Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
19400000
CY2019Q3 avy Lessee Operating And Finance Lease Liabilities
LesseeOperatingAndFinanceLeaseLiabilities
168600000
us-gaap Operating Lease Payments
OperatingLeasePayments
40800000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
22900000
CY2019Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y1M6D
CY2019Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P4Y8M12D
CY2019Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.050
CY2019Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.036
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
11600000
CY2019Q3 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
1300000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
43800000
CY2019Q3 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
4800000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
33400000
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
7900000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
21300000
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
3900000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
14400000
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
3600000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
43500000
CY2019Q3 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
4300000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
168000000.0
CY2019Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
25800000
CY2019Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
22500000
CY2019Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
2700000
CY2019Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
145500000
CY2019Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
23100000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
184800000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
47700000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
38900000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
29400000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
18800000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
12900000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
37100000
CY2018Q4 us-gaap Goodwill
Goodwill
941800000
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-21400000
CY2019Q3 us-gaap Goodwill
Goodwill
920400000
CY2019Q3 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
2120000000
CY2018Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
2000000000
CY2018Q4 us-gaap Restructuring Reserve
RestructuringReserve
40800000
avy Restructuring Settlement And Impairment Provisions Net Of Reversals
RestructuringSettlementAndImpairmentProvisionsNetOfReversals
22200000
us-gaap Payments For Restructuring
PaymentsForRestructuring
46000000.0
us-gaap Restructuring Reserve Settled Without Cash2
RestructuringReserveSettledWithoutCash2
1500000
us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
1200000
CY2019Q3 us-gaap Restructuring Reserve
RestructuringReserve
14300000
us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
2000000
us-gaap Amount Of Ineffectiveness On Net Investment Hedges
AmountOfIneffectivenessOnNetInvestmentHedges
0
CY2018Q3 us-gaap Amount Of Ineffectiveness On Net Investment Hedges
AmountOfIneffectivenessOnNetInvestmentHedges
0
us-gaap Amount Of Ineffectiveness On Net Investment Hedges
AmountOfIneffectivenessOnNetInvestmentHedges
0
CY2019Q3 us-gaap Amount Of Ineffectiveness On Net Investment Hedges
AmountOfIneffectivenessOnNetInvestmentHedges
0
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
179900000
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
168000000.0
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
84200000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
467000000.0
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
34600000
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17700000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-58900000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
94900000
CY2019Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.192
CY2018Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.105
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.700
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.203
CY2019Q3 avy Tax Cuts And Jobs Act Of2017 Change In Tax Rate Income Tax Expense Benefit On Global Intangible Low Taxed Income Of Our Foreign Subsidiaries
TaxCutsAndJobsActOf2017ChangeInTaxRateIncomeTaxExpenseBenefitOnGlobalIntangibleLowTaxedIncomeOfOurForeignSubsidiaries
4600000
avy Tax Cuts And Jobs Act Of2017 Change In Tax Rate Income Tax Expense Benefit On Global Intangible Low Taxed Income Of Our Foreign Subsidiaries
TaxCutsAndJobsActOf2017ChangeInTaxRateIncomeTaxExpenseBenefitOnGlobalIntangibleLowTaxedIncomeOfOurForeignSubsidiaries
15000000
avy Tax Benefits On Changes In Certain Tax Reserves Including Interest And Penalties Resulting From Settlements Of Audits
TaxBenefitsOnChangesInCertainTaxReservesIncludingInterestAndPenaltiesResultingFromSettlementsOfAudits
8400000
CY2019Q3 avy Tax Benefits On Changes In Certain Tax Reserves Including Interest And Penalties Resulting From Settlements Of Audits
TaxBenefitsOnChangesInCertainTaxReservesIncludingInterestAndPenaltiesResultingFromSettlementsOfAudits
8400000
avy Net Tax Discrete Benefit Related To Adoption Of Accounting Guidance Related To Stock Based Payments
NetTaxDiscreteBenefitRelatedToAdoptionOfAccountingGuidanceRelatedToStockBasedPayments
8000000
CY2018Q3 avy Net Discrete Tax Benefits From Return To Provision Adjustments
NetDiscreteTaxBenefitsFromReturnToProvisionAdjustments
36600000
avy Net Discrete Tax Benefits From Return To Provision Adjustments
NetDiscreteTaxBenefitsFromReturnToProvisionAdjustments
37300000
CY2018Q3 avy Tax Benefit From Foreign Currency Gain Or Loss From Foreign Currency Transactions
TaxBenefitFromForeignCurrencyGainOrLossFromForeignCurrencyTransactions
8600000
us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.21
avy Nonqualified Benefit Plan Number Of Plans
NonqualifiedBenefitPlanNumberOfPlans
2
avy Tax Benefit From Foreign Currency Gain Or Loss From Foreign Currency Transactions
TaxBenefitFromForeignCurrencyGainOrLossFromForeignCurrencyTransactions
8600000
avy Tax Cuts And Jobs Act Of2017 Recognized Income Tax Expense By Adjusting Provision Amount
TaxCutsAndJobsActOf2017RecognizedIncomeTaxExpenseByAdjustingProvisionAmount
2700000
avy Tax Expense Associated With Changes In Indefinite Reinvestment Assertions Related To Our Investments In Certain Foreign Subsidiaries
TaxExpenseAssociatedWithChangesInIndefiniteReinvestmentAssertionsRelatedToOurInvestmentsInCertainForeignSubsidiaries
3600000
avy Tax Charge For Adjustments Made To One Time Transition Tax Primarily Due To Change In Filing Position And Regulatory Guidance
TaxChargeForAdjustmentsMadeToOneTimeTransitionTaxPrimarilyDueToChangeInFilingPositionAndRegulatoryGuidance
8500000
avy Tax Cuts And Jobs Act Of2017 Transition Tax Tax Benefit From Release Of Uncertain Tax Position
TaxCutsAndJobsActOf2017TransitionTaxTaxBenefitFromReleaseOfUncertainTaxPosition
9400000
CY2018Q3 avy Reasonably Possible Decrease In Uncertain Tax Positions Including Interest And Penalties Primarily As Result Of Audit Settlements And Closing Tax Years During Next12 Months
ReasonablyPossibleDecreaseInUncertainTaxPositionsIncludingInterestAndPenaltiesPrimarilyAsResultOfAuditSettlementsAndClosingTaxYearsDuringNext12Months
13000000
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.71
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
144600000
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
149500000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
141100000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
370300000
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
84000000.0
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
87300000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
84200000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
87700000
CY2019Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
800000
CY2018Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1200000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
900000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1400000
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
84800000
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
88500000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
85100000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
89100000
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.72
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.71
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.68
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.22
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.69
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.66
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.16
CY2018Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2018Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2018Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2019Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2019Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2019Q3 us-gaap Common Stock Value
CommonStockValue
124100000
CY2018Q3 us-gaap Common Stock Value
CommonStockValue
124100000
CY2019Q3 us-gaap Common Stock Value
CommonStockValue
124100000
CY2018Q3 us-gaap Common Stock Value
CommonStockValue
124100000
CY2019Q3 avy Environmental Potentially Responsible Party Number Of Sites
EnvironmentalPotentiallyResponsiblePartyNumberOfSites
11
CY2019Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.58
CY2018Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.52
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.68
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.49
CY2019Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
650000000
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-682000000.0
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
18000000.0
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-264700000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
282700000
CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-399300000
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-680500000
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-81100000
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-21200000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-59900000
CY2018Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-740400000
CY2019Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-11900000
CY2018Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
300000
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-11600000
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-500000
CY2018Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-4000000.0
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-190000000.0
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-7100000
CY2019Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
-400000
CY2018Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
-100000
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
-500000
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
100000
CY2019Q3 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
-12300000
CY2018Q3 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
4200000
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
177900000
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
6700000
CY2018Q3 avy Assets Carrying Amount Nonrecurring
AssetsCarryingAmountNonrecurring
18100000
CY2018Q3 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
10600000
us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
3400000
avy Other Restructuring Related Charge
OtherRestructuringRelatedCharge
500000
avy Net Gain On Disposition Of Assets
NetGainOnDispositionOfAssets
3200000
avy Net Gain On Disposition Of Assets
NetGainOnDispositionOfAssets
2700000
CY2019Q3 avy Other Expense Net
OtherExpenseNet
6700000
CY2018Q3 avy Other Expense Net
OtherExpenseNet
-3000000.0
avy Other Expense Net
OtherExpenseNet
21700000
avy Other Expense Net
OtherExpenseNet
66900000
CY2018Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
20000000.0
avy Environmental Charges Net Of Reversals
EnvironmentalChargesNetOfReversals
6500000
us-gaap Accrual For Environmental Loss Contingencies Payments1
AccrualForEnvironmentalLossContingenciesPayments1
4100000
CY2019Q3 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
22400000
CY2019Q3 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
11000000
CY2018Q4 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
5000000
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1761400000
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1759700000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5297200000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5390300000
CY2019Q3 us-gaap Interest Expense
InterestExpense
19000000.0
CY2018Q3 us-gaap Interest Expense
InterestExpense
14700000
us-gaap Interest Expense
InterestExpense
58000000.0
us-gaap Interest Expense
InterestExpense
42200000
CY2019Q3 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
800000
CY2018Q3 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
9000000.0
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
448200000
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
14900000
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
179900000
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
168000000.0
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
84200000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
467000000.0
CY2019Q3 avy Other Expense Net
OtherExpenseNet
6700000
CY2018Q3 avy Other Expense Net
OtherExpenseNet
-3000000.0
avy Other Expense Net
OtherExpenseNet
21700000
avy Other Expense Net
OtherExpenseNet
66900000
CY2019Q3 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
3400000
CY2019Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
231900000
CY2018Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
236200000
CY2019Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
204700000
CY2019Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3082700000
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3053700000
CY2019Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1940600000
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1916300000
CY2019Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1142100000
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1137400000
CY2018Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
196700000
CY2019Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
228400000
CY2018Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
218500000
CY2019Q3 us-gaap Inventory Net
InventoryNet
665000000.0
CY2018Q4 us-gaap Inventory Net
InventoryNet
651400000
CY2019Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
11800000
CY2018Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
11800000
CY2019Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
800000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
10300000
CY2018Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1100000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
11400000
CY2019Q3 us-gaap Equity Method Investments
EquityMethodInvestments
8800000
CY2018Q4 us-gaap Equity Method Investments
EquityMethodInvestments
6700000
CY2019Q1 avy Addition To Equity Method Investment
AdditionToEquityMethodInvestment
4000000

Files In Submission

Name View Source Status
0001104659-19-057234-index-headers.html Edgar Link pending
0001104659-19-057234-index.html Edgar Link pending
0001104659-19-057234.txt Edgar Link pending
0001104659-19-057234-xbrl.zip Edgar Link pending
avy-20190928.xsd Edgar Link pending
avy-20190928x10q3340d8.htm Edgar Link pending
avy-20190928x10q3340d8_htm.xml Edgar Link completed
avy-20190928_cal.xml Edgar Link unprocessable
avy-20190928_def.xml Edgar Link unprocessable
avy-20190928_lab.xml Edgar Link unprocessable
avy-20190928_pre.xml Edgar Link unprocessable
ex-31d1.htm Edgar Link pending
ex-31d2.htm Edgar Link pending
ex-32d1.htm Edgar Link pending
ex-32d2.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
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
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
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