2023 Q2 Form 10-Q Financial Statement
#000079005123000068 Filed on April 28, 2023
Income Statement
Concept | 2023 Q2 | 2023 Q1 |
---|---|---|
Revenue | $1.526B | $1.179B |
YoY Change | -17.38% | -21.22% |
Cost Of Revenue | $994.6M | $832.1M |
YoY Change | -18.13% | -17.24% |
Gross Profit | $531.3M | $346.7M |
YoY Change | -15.93% | -29.37% |
Gross Profit Margin | 34.82% | 29.41% |
Selling, General & Admin | $189.4M | $188.6M |
YoY Change | -10.07% | -7.09% |
% of Gross Profit | 35.65% | 54.4% |
Research & Development | $13.10M | $15.50M |
YoY Change | 3.97% | 26.02% |
% of Gross Profit | 2.47% | 4.47% |
Depreciation & Amortization | $58.50M | $23.30M |
YoY Change | -6.4% | -2.92% |
% of Gross Profit | 11.01% | 6.72% |
Operating Expenses | $202.5M | $204.1M |
YoY Change | -9.27% | -5.2% |
Operating Profit | $328.8M | $141.0M |
YoY Change | -19.92% | -49.15% |
Interest Expense | -$14.30M | $18.80M |
YoY Change | -163.84% | -16.81% |
% of Operating Profit | -4.35% | 13.33% |
Other Income/Expense, Net | -$200.0K | $1.200M |
YoY Change | -92.0% | -1300.0% |
Pretax Income | $313.1M | $128.0M |
YoY Change | -18.95% | -49.76% |
Income Tax | $71.60M | $28.40M |
% Of Pretax Income | 22.87% | 22.19% |
Net Earnings | $194.6M | $101.7M |
YoY Change | -35.46% | -47.47% |
Net Earnings / Revenue | 12.75% | 8.63% |
Basic Earnings Per Share | $3.83 | $1.99 |
Diluted Earnings Per Share | $3.80 | $1.96 |
COMMON SHARES | ||
Basic Shares Outstanding | 50.97M shares | 51.15M shares |
Diluted Shares Outstanding | 51.20M shares | 51.70M shares |
Balance Sheet
Concept | 2023 Q2 | 2023 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $379.3M | $423.9M |
YoY Change | 7.39% | 45.32% |
Cash & Equivalents | $379.3M | $423.9M |
Short-Term Investments | ||
Other Short-Term Assets | $674.0M | $100.7M |
YoY Change | 519.49% | 11.64% |
Inventory | $599.2M | $781.5M |
Prepaid Expenses | $24.40M | $28.60M |
Receivables | $1.040B | $730.3M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $2.693B | $2.152B |
YoY Change | 6.33% | -3.43% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $798.8M | $840.4M |
YoY Change | 1.75% | 9.27% |
Goodwill | $2.018B | $2.204B |
YoY Change | -8.33% | -0.51% |
Intangibles | $1.552B | $1.802B |
YoY Change | -19.6% | -9.02% |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $114.3M | $116.9M |
YoY Change | -10.7% | -9.52% |
Total Long-Term Assets | $4.483B | $4.963B |
YoY Change | -11.14% | -2.57% |
TOTAL ASSETS | ||
Total Short-Term Assets | $2.693B | $2.152B |
Total Long-Term Assets | $4.483B | $4.963B |
Total Assets | $7.176B | $7.115B |
YoY Change | -5.3% | -2.83% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $397.2M | $367.0M |
YoY Change | -27.73% | -29.55% |
Accrued Expenses | $244.1M | $223.0M |
YoY Change | -23.72% | -19.9% |
Deferred Revenue | $27.00M | $38.00M |
YoY Change | -28.76% | 2.15% |
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $302.0M | $302.0M |
YoY Change | -14.25% | -14.23% |
Total Short-Term Liabilities | $1.045B | $930.0M |
YoY Change | -17.02% | -21.76% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $2.282B | $2.282B |
YoY Change | -11.46% | -11.44% |
Other Long-Term Liabilities | $816.7M | $569.3M |
YoY Change | 34.02% | -9.23% |
Total Long-Term Liabilities | $3.099B | $3.127B |
YoY Change | -9.99% | -9.51% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $1.045B | $930.0M |
Total Long-Term Liabilities | $3.099B | $3.127B |
Total Liabilities | $4.144B | $4.057B |
YoY Change | -11.87% | -12.65% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $5.246B | $5.090B |
YoY Change | 12.19% | 15.61% |
Common Stock | $610.3M | $594.7M |
YoY Change | 7.15% | 5.78% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $3.032B | $3.058B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $7.176B | $7.115B |
YoY Change | -5.3% | -2.83% |
Cashflow Statement
Concept | 2023 Q2 | 2023 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $194.6M | $101.7M |
YoY Change | -35.46% | -47.47% |
Depreciation, Depletion And Amortization | $58.50M | $23.30M |
YoY Change | -6.4% | -2.92% |
Cash From Operating Activities | $221.1M | $149.6M |
YoY Change | 23.38% | 237.7% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $29.90M | $40.20M |
YoY Change | -157.95% | 29.26% |
Acquisitions | $0.00 | |
YoY Change | -100.0% | |
Other Investing Activities | $5.700M | -$8.000M |
YoY Change | -21.92% | 370.59% |
Cash From Investing Activities | -$24.20M | -$31.70M |
YoY Change | -45.37% | -139.04% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -232.3M | -$94.80M |
YoY Change | 226.72% | -40.3% |
NET CHANGE | ||
Cash From Operating Activities | 221.1M | $149.6M |
Cash From Investing Activities | -24.20M | -$31.70M |
Cash From Financing Activities | -232.3M | -$94.80M |
Net Change In Cash | -35.40M | $23.90M |
YoY Change | -155.49% | -173.09% |
FREE CASH FLOW | ||
Cash From Operating Activities | $221.1M | $149.6M |
Capital Expenditures | $29.90M | $40.20M |
Free Cash Flow | $191.2M | $109.4M |
YoY Change | -17.16% | 728.79% |
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Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
365800000 | usd |
CY2023Q1 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
38000000.0 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
40300000 | usd |
CY2023Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
930000000.0 | usd |
CY2022Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1078400000 | usd |
CY2023Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
2281900000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
2281500000 | usd |
CY2023Q1 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
275900000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
270400000 | usd |
CY2023Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
569300000 | usd |
CY2022Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
567300000 | usd |
CY2023Q1 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
3127100000 | usd |
CY2022Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
3119200000 | usd |
CY2023Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
1 | |
CY2022Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
1 | |
CY2023Q1 | csl |
Preferred Stock Shares Unissued
PreferredStockSharesUnissued
|
5000000 | shares |
CY2022Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2022Q4 | csl |
Preferred Stock Shares Unissued
PreferredStockSharesUnissued
|
5000000 | shares |
CY2023Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2023Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | usd |
CY2022Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | usd |
CY2022Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
1 | |
CY2023Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
1 | |
CY2022Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | shares |
CY2023Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | shares |
CY2023Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
50800000 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
50900000 | shares |
CY2023Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
78700000 | usd |
CY2022Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
78700000 | usd |
CY2023Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
516000000.0 | usd |
CY2022Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
512600000 | usd |
CY2023Q1 | us-gaap |
Treasury Stock Common Shares
TreasuryStockCommonShares
|
27600000 | shares |
CY2022Q4 | us-gaap |
Treasury Stock Common Shares
TreasuryStockCommonShares
|
27500000 | shares |
CY2023Q1 | us-gaap |
Treasury Stock Common Value
TreasuryStockCommonValue
|
2483600000 | usd |
CY2022Q4 | us-gaap |
Treasury Stock Common Value
TreasuryStockCommonValue
|
2436200000 | usd |
CY2023Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-142600000 | usd |
CY2022Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-157800000 | usd |
CY2023Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
5089800000 | usd |
CY2022Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
5027100000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3058300000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3024400000 | usd |
CY2023Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
7115400000 | usd |
CY2022Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
7222000000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
101700000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
193600000 | usd |
CY2023Q1 | us-gaap |
Depreciation
Depreciation
|
23300000 | usd |
CY2022Q1 | us-gaap |
Depreciation
Depreciation
|
24000000.0 | usd |
CY2023Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
37200000 | usd |
CY2022Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
40700000 | usd |
CY2023Q1 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
6900000 | usd |
CY2022Q1 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
7100000 | usd |
CY2023Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
11400000 | usd |
CY2022Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
9600000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-1500000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-1200000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-2300000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-3300000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-100200000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
189200000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
28900000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
122000000.0 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
|
-3500000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
|
1500000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-20200000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-17400000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-300000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
88500000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-126100000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-23100000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
3200000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
5200000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-6500000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-10500000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
149600000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
44300000 | usd |
CY2023Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
40200000 | usd |
CY2022Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
31100000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
|
0 | usd |
CY2022Q1 | us-gaap |
Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
|
125000000.0 | 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
|
24700000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
500000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
10300000 | usd |
CY2023Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-8000000.0 | usd |
CY2022Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-1700000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-31700000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
81200000 | usd |
CY2023Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
50000000.0 | usd |
CY2022Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
125000000.0 | usd |
CY2023Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
38900000 | usd |
CY2022Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
28700000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
4800000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
7700000 | usd |
CY2023Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
9900000 | usd |
CY2022Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
12000000.0 | usd |
CY2023Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-800000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-800000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-94800000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-158800000 | usd |
CY2023Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
800000 | usd |
CY2022Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
600000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
23900000 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-32700000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
400000000.0 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
324400000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
423900000 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
291700000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2629500000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
193600000 | usd |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
3800000 | usd |
CY2022Q1 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.54 | |
CY2022Q1 | us-gaap |
Dividends Cash
DividendsCash
|
28700000 | usd |
CY2022Q1 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
125000000.0 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
5400000 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2678600000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3024400000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
101700000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
15200000 | usd |
CY2023Q1 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.75 | |
CY2023Q1 | us-gaap |
Dividends Cash
DividendsCash
|
39000000.0 | usd |
CY2023Q1 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
50200000 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
6200000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3058300000 | usd |
CY2023Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
4 | segment |
CY2023Q1 | us-gaap |
Revenues
Revenues
|
1178800000 | usd |
CY2023Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
141000000.0 | usd |
CY2022Q1 | us-gaap |
Revenues
Revenues
|
1496300000 | usd |
CY2022Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
277300000 | usd |
CY2022Q1 | us-gaap |
Number Of Reporting Units
NumberOfReportingUnits
|
4 | reportingunit |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
99600000 | usd |
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
194300000 | usd |
CY2023Q1 | us-gaap |
Dividends
Dividends
|
39000000.0 | usd |
CY2022Q1 | us-gaap |
Dividends
Dividends
|
28700000 | usd |
CY2023Q1 | us-gaap |
Undistributed Earnings
UndistributedEarnings
|
60600000 | usd |
CY2022Q1 | us-gaap |
Undistributed Earnings
UndistributedEarnings
|
165600000 | usd |
CY2023Q1 | csl |
Percentage Of Undistributed Earnings Allocated To Common Shareholders
PercentageOfUndistributedEarningsAllocatedToCommonShareholders
|
0.998 | |
CY2022Q1 | csl |
Percentage Of Undistributed Earnings Allocated To Common Shareholders
PercentageOfUndistributedEarningsAllocatedToCommonShareholders
|
0.997 | |
CY2023Q1 | us-gaap |
Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
|
60500000 | usd |
CY2022Q1 | us-gaap |
Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
|
165100000 | usd |
CY2023Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
38900000 | usd |
CY2022Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
28700000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
|
99400000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
|
193800000 | usd |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
51100000 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
52100000 | shares |
CY2023Q1 | us-gaap |
Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
|
200000 | shares |
CY2022Q1 | us-gaap |
Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
|
200000 | shares |
CY2023Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
400000 | shares |
CY2022Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
600000 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
51700000 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
52900000 | shares |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
1.95 | |
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
3.72 | |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
1.92 | |
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
3.67 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
51100000 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
52100000 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
|
51200000 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
|
52300000 | shares |
CY2023Q1 | csl |
Percentage Of Undistributed Earnings Allocated To Common Shareholders
PercentageOfUndistributedEarningsAllocatedToCommonShareholders
|
0.998 | |
CY2022Q1 | csl |
Percentage Of Undistributed Earnings Allocated To Common Shareholders
PercentageOfUndistributedEarningsAllocatedToCommonShareholders
|
0.997 | |
CY2023Q1 | csl |
Net Income Loss From Discontinued Operations Available To Common Stockholders Basic And Diluted
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonStockholdersBasicAndDiluted
|
2100000 | usd |
CY2022Q1 | csl |
Net Income Loss From Discontinued Operations Available To Common Stockholders Basic And Diluted
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonStockholdersBasicAndDiluted
|
-700000 | usd |
CY2023Q1 | csl |
Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
|
101500000 | usd |
CY2022Q1 | csl |
Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
|
193100000 | usd |
CY2023Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
700000 | shares |
CY2022Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
100000 | shares |
CY2023Q1 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
19200000 | usd |
CY2023Q1 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
24600000 | usd |
CY2023Q1 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
23700000 | usd |
CY2023Q1 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
22700000 | usd |
CY2023Q1 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
21600000 | usd |
CY2023Q1 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
20600000 | usd |
CY2023Q1 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
168200000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
310700000 | usd |
CY2021Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
283900000 | usd |
CY2023Q1 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
17000000.0 | usd |
CY2022Q1 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
20000000.0 | usd |
CY2023Q1 | csl |
Contractwith Customer Liability Revenue Deferredin Period
ContractwithCustomerLiabilityRevenueDeferredinPeriod
|
20200000 | usd |
CY2022Q1 | csl |
Contractwith Customer Liability Revenue Deferredin Period
ContractwithCustomerLiabilityRevenueDeferredinPeriod
|
25200000 | usd |
CY2023Q1 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
313900000 | usd |
CY2022Q1 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
289100000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Asset Gross
ContractWithCustomerAssetGross
|
90700000 | usd |
CY2021Q4 | us-gaap |
Contract With Customer Asset Gross
ContractWithCustomerAssetGross
|
72100000 | usd |
CY2023Q1 | us-gaap |
Contract With Customer Asset Gross
ContractWithCustomerAssetGross
|
87300000 | usd |
CY2022Q1 | us-gaap |
Contract With Customer Asset Gross
ContractWithCustomerAssetGross
|
73600000 | usd |
CY2023Q1 | csl |
Increase Decrease In Contract With Customer Asset Including Business Combinations
IncreaseDecreaseInContractWithCustomerAssetIncludingBusinessCombinations
|
-3400000 | usd |
CY2022Q1 | csl |
Increase Decrease In Contract With Customer Asset Including Business Combinations
IncreaseDecreaseInContractWithCustomerAssetIncludingBusinessCombinations
|
1500000 | usd |
CY2023Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1178800000 | usd |
CY2022Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1496300000 | usd |
CY2023Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1178800000 | usd |
CY2022Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1496300000 | usd |
CY2023Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
11100000 | usd |
CY2022Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
9600000 | usd |
CY2023Q1 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
1700000 | usd |
CY2022Q1 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
0 | usd |
CY2023Q1 | csl |
Share Based Payment Arrangement Amortization Of Capitalized Cost
ShareBasedPaymentArrangementAmortizationOfCapitalizedCost
|
2000000.0 | usd |
CY2022Q1 | csl |
Share Based Payment Arrangement Amortization Of Capitalized Cost
ShareBasedPaymentArrangementAmortizationOfCapitalizedCost
|
0 | usd |
CY2023Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
|
11400000 | usd |
CY2022Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
|
9600000 | usd |
CY2023Q1 | us-gaap |
Severance Costs1
SeveranceCosts1
|
1900000 | usd |
CY2022Q1 | us-gaap |
Severance Costs1
SeveranceCosts1
|
1100000 | usd |
CY2023Q1 | us-gaap |
Restructuring Reserve Accelerated Depreciation
RestructuringReserveAcceleratedDepreciation
|
1400000 | usd |
CY2022Q1 | us-gaap |
Restructuring Reserve Accelerated Depreciation
RestructuringReserveAcceleratedDepreciation
|
600000 | usd |
CY2023Q1 | us-gaap |
Business Exit Costs1
BusinessExitCosts1
|
300000 | usd |
CY2022Q1 | us-gaap |
Business Exit Costs1
BusinessExitCosts1
|
0 | usd |
CY2023Q1 | csl |
Restructuring And Related Cost Facility Clean Up Costs
RestructuringAndRelatedCostFacilityCleanUpCosts
|
0 | usd |
CY2022Q1 | csl |
Restructuring And Related Cost Facility Clean Up Costs
RestructuringAndRelatedCostFacilityCleanUpCosts
|
100000 | usd |
CY2023Q1 | us-gaap |
Loss On Contract Termination
LossOnContractTermination
|
0 | usd |
CY2022Q1 | us-gaap |
Loss On Contract Termination
LossOnContractTermination
|
100000 | usd |
CY2023Q1 | us-gaap |
Other Restructuring Costs
OtherRestructuringCosts
|
700000 | usd |
CY2022Q1 | us-gaap |
Other Restructuring Costs
OtherRestructuringCosts
|
300000 | usd |
CY2023Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
4300000 | usd |
CY2022Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
2200000 | usd |
CY2023Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
4300000 | usd |
CY2022Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
2200000 | usd |
CY2023Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
4300000 | usd |
CY2022Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
2200000 | usd |
CY2022Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
1600000 | usd |
CY2021Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
6500000 | usd |
CY2023Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
4300000 | usd |
CY2022Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
2200000 | usd |
CY2023Q1 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
5000000.0 | usd |
CY2022Q1 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
6500000 | usd |
CY2022Q1 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
2200000 | usd |
CY2023Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.222 | |
CY2023Q1 | csl |
Expected Effective Income Tax Rate Continuing Operations
ExpectedEffectiveIncomeTaxRateContinuingOperations
|
0.234 | |
CY2023Q1 | csl |
Discrete Income Tax Expense Benefit
DiscreteIncomeTaxExpenseBenefit
|
1500000 | usd |
CY2022Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.237 | |
CY2023Q1 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
265500000 | usd |
CY2022Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
315000000.0 | usd |
CY2023Q1 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
84000000.0 | usd |
CY2022Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
94100000 | usd |
CY2023Q1 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
466100000 | usd |
CY2022Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
375700000 | usd |
CY2023Q1 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
34100000 | usd |
CY2022Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
36000000.0 | usd |
CY2023Q1 | us-gaap |
Inventory Net
InventoryNet
|
781500000 | usd |
CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
748800000 | usd |
CY2023Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
71900000 | usd |
CY2022Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
123000000.0 | usd |
CY2023Q1 | csl |
Accrued Customer Incentives Current
AccruedCustomerIncentivesCurrent
|
40600000 | usd |
CY2022Q4 | csl |
Accrued Customer Incentives Current
AccruedCustomerIncentivesCurrent
|
131200000 | usd |
CY2023Q1 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
25900000 | usd |
CY2022Q4 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
25700000 | usd |
CY2023Q1 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
15200000 | usd |
CY2022Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
13500000 | usd |
CY2023Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
69400000 | usd |
CY2022Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
72400000 | usd |
CY2023Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
223000000.0 | usd |
CY2022Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
365800000 | usd |
CY2022Q4 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
25700000 | usd |
CY2021Q4 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
26800000 | usd |
CY2023Q1 | us-gaap |
Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
|
3400000 | usd |
CY2022Q1 | us-gaap |
Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
|
3000000.0 | usd |
CY2023Q1 | us-gaap |
Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
|
3300000 | usd |
CY2022Q1 | us-gaap |
Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
|
2600000 | usd |
CY2023Q1 | us-gaap |
Standard Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardProductWarrantyAccrualForeignCurrencyTranslationGainLoss
|
-100000 | usd |
CY2022Q1 | us-gaap |
Standard Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardProductWarrantyAccrualForeignCurrencyTranslationGainLoss
|
100000 | usd |
CY2023Q1 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
25900000 | usd |
CY2022Q1 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
27100000 | usd |
CY2023Q1 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
16100000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
16700000 | usd |
CY2023Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
2583900000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
2583300000 | usd |
CY2023Q1 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
302000000.0 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
301800000 | usd |
CY2023Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
2281900000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
2281500000 | usd |
CY2023Q1 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
15900000 | usd |
CY2022Q4 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
15800000 | usd |
CY2023Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2023-03-31 | |
CY2023Q1 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
19500000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
19800000 | usd |