2021 Q2 Form 10-Q Financial Statement

#000159678321000061 Filed on May 04, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2021 Q1 2020 Q1
Revenue $1.188B $1.053B $760.6M
YoY Change 25.39% 38.44% 23.17%
Cost Of Revenue $748.9M $687.0M $521.8M
YoY Change 22.17% 31.66% 24.59%
Gross Profit $439.3M $366.0M $238.8M
YoY Change 31.29% 53.27% 20.18%
Gross Profit Margin 36.97% 34.76% 31.4%
Selling, General & Admin $184.1M $173.0M $136.1M
YoY Change 17.11% 27.11% 4.77%
% of Gross Profit 41.91% 47.27% 56.99%
Research & Development $3.000M $5.900M
YoY Change -49.15% 555.56%
% of Gross Profit 0.82% 2.47%
Depreciation & Amortization $73.00M $75.90M $64.80M
YoY Change 9.94% 17.13% -2.41%
% of Gross Profit 16.62% 20.74% 27.14%
Operating Expenses $186.0M $176.0M $142.0M
YoY Change 17.72% 23.94% 9.31%
Operating Profit $253.3M $369.0M $100.8M
YoY Change 43.43% 266.07% 53.19%
Interest Expense -$30.80M -$33.80M -$29.10M
YoY Change 60.42% 16.15% 25.43%
% of Operating Profit -12.16% -9.16% -28.87%
Other Income/Expense, Net $1.800M -$25.00M -$36.70M
YoY Change -93.62% -31.88% -1246.88%
Pretax Income $221.5M $317.0M $29.70M
YoY Change 23.74% 967.34% -30.28%
Income Tax $39.10M $85.00M $8.800M
% Of Pretax Income 17.65% 26.81% 29.63%
Net Earnings $182.4M $232.0M $20.90M
YoY Change 18.29% 1010.05% -34.07%
Net Earnings / Revenue 15.35% 22.03% 2.75%
Basic Earnings Per Share $1.27 $0.08
Diluted Earnings Per Share $1.064M $1.26 $0.08
COMMON SHARES
Basic Shares Outstanding 170.3M shares 170.0M shares 151.3M shares
Diluted Shares Outstanding 172.0M shares 153.1M shares

Balance Sheet

Concept 2021 Q2 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $967.0M $1.063B $608.4M
YoY Change 1.47% 74.69% 166.96%
Cash & Equivalents $896.0M $988.1M $608.4M
Short-Term Investments $71.00M $74.70M
Other Short-Term Assets $47.00M $37.10M $27.00M
YoY Change 51.61% 37.41% 35.0%
Inventory $563.0M $527.9M $297.2M
Prepaid Expenses $46.00M $46.60M $33.10M
Receivables $1.012B $834.9M $698.7M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.918B $2.775B $1.746B
YoY Change 27.26% 58.9% 52.67%
LONG-TERM ASSETS
Property, Plant & Equipment $2.524B $2.359B $1.770B
YoY Change 32.77% 33.3% 35.96%
Goodwill $2.519B $2.515B $2.449B
YoY Change 1.94% 2.68% 73.8%
Intangibles $817.0M $834.8M $907.3M
YoY Change -8.1% -7.99% 63.65%
Long-Term Investments
YoY Change
Other Assets $268.0M $241.9M $162.3M
YoY Change 54.02% 49.04% 200.0%
Total Long-Term Assets $6.194B $5.995B $5.334B
YoY Change 12.95% 12.4% 59.24%
TOTAL ASSETS
Total Short-Term Assets $2.918B $2.775B $1.746B
Total Long-Term Assets $6.194B $5.995B $5.334B
Total Assets $9.112B $8.769B $7.080B
YoY Change 17.17% 23.86% 57.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $385.0M $365.7M $276.2M
YoY Change 19.94% 32.4% 36.53%
Accrued Expenses $401.0M $351.0M $208.9M
YoY Change 31.99% 68.02% 36.18%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $259.6M
YoY Change -100.0% -100.0%
Long-Term Debt Due $75.00M $73.60M $12.20M
YoY Change 443.48% 503.28% -82.65%
Total Short-Term Liabilities $1.196B $1.139B $917.1M
YoY Change 33.93% 24.22% 74.55%
LONG-TERM LIABILITIES
Long-Term Debt $3.166B $3.150B $2.927B
YoY Change 7.5% 7.61% 38.3%
Other Long-Term Liabilities $175.0M $167.8M $208.1M
YoY Change -14.22% -19.37% 199.42%
Total Long-Term Liabilities $175.0M $167.8M $208.1M
YoY Change -14.22% -19.37% 199.42%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.196B $1.139B $917.1M
Total Long-Term Liabilities $175.0M $167.8M $208.1M
Total Liabilities $4.838B $4.697B $4.285B
YoY Change 13.28% 9.6% 620.34%
SHAREHOLDERS EQUITY
Retained Earnings $25.00M -$150.3M -$681.2M
YoY Change -104.67% -77.94% -13.85%
Common Stock $4.205B $4.186B $3.261B
YoY Change 10.14% 28.36% 19.05%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.915B $3.713B $2.188B
YoY Change
Total Liabilities & Shareholders Equity $9.112B $8.769B $7.080B
YoY Change 17.17% 23.86% 57.57%

Cashflow Statement

Concept 2021 Q2 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income $182.4M $232.0M $20.90M
YoY Change 18.29% 1010.05% -34.07%
Depreciation, Depletion And Amortization $73.00M $75.90M $64.80M
YoY Change 9.94% 17.13% -2.41%
Cash From Operating Activities $134.3M $75.00M $121.7M
YoY Change -22.24% -38.37% 61.62%
INVESTING ACTIVITIES
Capital Expenditures -$188.9M -$158.2M -$151.3M
YoY Change 16.39% 4.56% 215.21%
Acquisitions
YoY Change
Other Investing Activities -$24.20M $76.70M -$314.3M
YoY Change 5950.0% -124.4% 34822.22%
Cash From Investing Activities -$213.1M -$81.50M -$465.6M
YoY Change 30.98% -82.5% 852.15%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $100.0M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -17.30M 166.5M 772.5M
YoY Change -105.23% -78.45% -8979.31%
NET CHANGE
Cash From Operating Activities 134.3M 75.00M 121.7M
Cash From Investing Activities -213.1M -81.50M -465.6M
Cash From Financing Activities -17.30M 166.5M 772.5M
Net Change In Cash -96.10M 160.0M 428.6M
YoY Change -128.18% -62.67% 2321.47%
FREE CASH FLOW
Cash From Operating Activities $134.3M $75.00M $121.7M
Capital Expenditures -$188.9M -$158.2M -$151.3M
Free Cash Flow $323.2M $233.2M $273.0M
YoY Change -3.52% -14.58% 121.41%

Facts In Submission

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<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Reclassifications</span></div><div style="margin-top:9pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain prior period balances have been reclassified to conform to the current period presentation. These reclassifications did not have a material impact on the consolidated statements of operations, consolidated balance sheets, consolidated statements of cash flows, or notes to the consolidated financial statements.</span></div>
us-gaap Financing Receivable Allowance For Credit Losses Policy For Uncollectible Amounts
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us-gaap Revenues
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us-gaap Revenues
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ctlt Eliminationofrevenueattributabletomultiplelocations
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CY2020Q1 us-gaap Revenues
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us-gaap Revenues
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CY2021Q1 us-gaap Goodwill
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CY2021Q1 us-gaap Amortization Of Intangible Assets
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us-gaap Amortization Of Intangible Assets
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CY2020Q1 us-gaap Amortization Of Intangible Assets
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us-gaap Amortization Of Intangible Assets
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CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
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CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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90700000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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89700000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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CY2021Q1 us-gaap Debt And Capital Lease Obligations
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CY2020Q2 us-gaap Debt And Capital Lease Obligations
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CY2021Q1 us-gaap Debt Current
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CY2020Q2 us-gaap Debt Current
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CY2021Q1 us-gaap Long Term Debt And Capital Lease Obligations
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CY2020Q2 us-gaap Long Term Debt And Capital Lease Obligations
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CY2021Q1 ctlt Debt Instrument Quarterly Amortization Rate
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CY2017Q4 us-gaap Payments To Acquire Businesses Gross
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950000000.0 USD
CY2017Q4 ctlt Payable Installments For Business Acquisition
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CY2021Q1 us-gaap Profit Loss
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CY2020Q1 us-gaap Profit Loss
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us-gaap Profit Loss
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us-gaap Profit Loss
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CY2021Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
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CY2020Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
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us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
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us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
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CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
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217100000 USD
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
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11800000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
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360100000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
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38700000 USD
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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170500000 shares
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
151300000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
167200000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
147700000 shares
CY2021Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2000000.0 shares
CY2020Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1800000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2300000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1800000 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
172500000 shares
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
153100000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
169500000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
149500000 shares
CY2021Q1 us-gaap Earnings Per Share Basic
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1.27
CY2020Q1 us-gaap Earnings Per Share Basic
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0.08
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.15
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.26
CY2021Q1 us-gaap Earnings Per Share Diluted
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1.26
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.08
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.12
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.26
CY2020Q4 us-gaap Conversion Of Stock Shares Converted1
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265233 shares
CY2020Q4 us-gaap Dividends Preferred Stock Stock
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1900000 USD
CY2020Q4 us-gaap Convertible Preferred Stock Shares Issued Upon Conversion
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20.33 shares
CY2020Q4 us-gaap Stock Issued During Period Shares Conversion Of Convertible Securities
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5392280 shares
CY2021Q1 us-gaap Debt Instrument Fee
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17.2
CY2020Q1 us-gaap Debt Instrument Fee
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16.0
us-gaap Debt Instrument Fee
DebtInstrumentFee
17.2
us-gaap Debt Instrument Fee
DebtInstrumentFee
16.1
CY2021Q1 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
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CY2020Q1 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
5300000 USD
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
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us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
1700000 USD
CY2021Q1 us-gaap Other Nonoperating Income Expense
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CY2020Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-26000000.0 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
18200000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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CY2020Q1 us-gaap Restructuring Settlement And Impairment Provisions
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1300000 USD
CY2021Q1 us-gaap Nonoperating Income Expense
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-24600000 USD
CY2020Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-36700000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-5100000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-37200000 USD
us-gaap Write Off Of Deferred Debt Issuance Cost
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4400000 USD
us-gaap Gains Losses On Extinguishment Of Debt
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1800000 USD
us-gaap Early Repayment Of Senior Debt
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11000000.0 USD
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
6000000.0 USD
us-gaap Early Repayment Of Senior Debt
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10000000.0 USD
CY2021Q1 us-gaap Derivative Gain Loss On Derivative Net
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400000 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
16400000 USD
CY2020Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-26300000 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-24900000 USD
CY2021Q1 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
3000000.0 USD
us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
9400000 USD
us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
2500000 USD
CY2021Q1 us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Gross Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseGrossOfTax
32600000 USD
CY2020Q1 us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Gross Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseGrossOfTax
3700000 USD
CY2020Q1 us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Gross Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseGrossOfTax
3700000 USD
us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Gross Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseGrossOfTax
-45200000 USD
us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Gross Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseGrossOfTax
17500000 USD
us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Gross Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseGrossOfTax
17500000 USD
CY2021Q1 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
1100000 USD
CY2020Q1 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
1900000 USD
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-3300000 USD
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
7700000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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17300000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
81400000 USD
CY2019Q2 us-gaap Payments Of Stock Issuance Costs
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3700000 USD
CY2021Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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317100000 USD
CY2019Q2 us-gaap Proceeds From Issuance Of Redeemable Preferred Stock
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646300000 USD
CY2021Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
400000 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
16400000 USD
CY2020Q4 us-gaap Embedded Derivative Fair Value Of Embedded Derivative Liability
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8600000 USD
CY2020Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases Sales Issues Settlements
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-3500000 USD
CY2021Q1 us-gaap Embedded Derivative Fair Value Of Embedded Derivative Liability
EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
3700000 USD
CY2021Q1 ctlt Cash Paid To Settle Interest Rate Swap Agreement
CashPaidToSettleInterestRateSwapAgreement
2300000 USD
CY2021Q2 us-gaap Interest Rate Cash Flow Hedge Asset At Fair Value
InterestRateCashFlowHedgeAssetAtFairValue
6300000 USD
CY2020Q2 us-gaap Interest Rate Cash Flow Hedge Liability At Fair Value
InterestRateCashFlowHedgeLiabilityAtFairValue
3700000 USD
CY2021Q1 us-gaap Marketable Securities
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74700000 USD
CY2021Q1 us-gaap Cash Surrender Value Fair Value Disclosure
CashSurrenderValueFairValueDisclosure
30900000 USD
CY2021Q1 us-gaap Interest Rate Cash Flow Hedge Asset At Fair Value
InterestRateCashFlowHedgeAssetAtFairValue
6300000 USD
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8800000 USD
CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
29700000 USD
CY2021Q1 ctlt Disposition Of Business Tax Charge
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57400000 USD
us-gaap Income Tax Expense Benefit
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90900000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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493500000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14900000 USD
CY2020Q2 us-gaap Shares Issued Price Per Share
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70.72
CY2021Q1 ctlt Trading Securities At Fair Value
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2700000 USD
CY2021Q1 ctlt Series A Preferred Stock Derivative Liability
SeriesAPreferredStockDerivativeLiability
3700000 USD
CY2020Q2 us-gaap Cash Surrender Value Fair Value Disclosure
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22900000 USD
CY2020Q2 ctlt Trading Securities At Fair Value
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500000 USD
CY2020Q2 ctlt Series A Preferred Stock Derivative Liability
SeriesAPreferredStockDerivativeLiability
23600000 USD
CY2020Q2 us-gaap Interest Rate Cash Flow Hedge Liability At Fair Value
InterestRateCashFlowHedgeLiabilityAtFairValue
3700000 USD
CY2020Q2 us-gaap Derivative Liabilities
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23600000 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
16400000 USD
CY2020Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases Sales Issues Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchasesSalesIssuesSettlements
-3500000 USD
CY2021Q1 us-gaap Embedded Derivative Fair Value Of Embedded Derivative Liability
EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
3700000 USD
CY2021Q1 ctlt Uncertain Tax Positions Including Income Tax Penalties And Interest Accrued
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6000000.0 USD
CY2020Q2 ctlt Uncertain Tax Positions Including Income Tax Penalties And Interest Accrued
UncertainTaxPositionsIncludingIncomeTaxPenaltiesAndInterestAccrued
5600000 USD
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
85300000 USD
CY2021Q1 ctlt Disposition Of Business Tax Charge
DispositionOfBusinessTaxCharge
57400000 USD
CY2021Q1 ctlt Tax Benefit Us Foreign Tax Credit
TaxBenefitUSForeignTaxCredit
22200000 USD
CY2020Q2 ctlt Stcok Issued During Period Shares Over Allotment Option
StcokIssuedDuringPeriodSharesOverAllotmentOption
1200000 shares
CY2021Q1 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
1000000.0 USD
CY2020Q1 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
900000 USD
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
3000000.0 USD
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
2300000 USD
CY2021Q1 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1100000 USD
CY2020Q1 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
700000 USD
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
3200000 USD
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
4200000 USD
CY2021Q1 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
2600000 USD
CY2020Q1 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
2500000 USD
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
7500000 USD
CY2020Q2 ctlt Net Proceeds Used To Repay Debt Stock Issued During Period New Issues
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200000000.0 USD
us-gaap Defined Benefit Plan Expected Return On Plan Assets
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7800000 USD
CY2021Q1 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-800000 USD
CY2020Q1 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-2600000 USD
us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-2200000 USD
us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-4100000 USD
CY2021Q1 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
300000 USD
CY2020Q1 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
1700000 USD
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
900000 USD
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
2800000 USD
CY2021Q1 ctlt Multiemployer Plans Estimated Discounted Valueof Future Employer Contributions
MultiemployerPlansEstimatedDiscountedValueofFutureEmployerContributions
38500000 USD
CY2020Q2 ctlt Multiemployer Plans Estimated Discounted Valueof Future Employer Contributions
MultiemployerPlansEstimatedDiscountedValueofFutureEmployerContributions
38600000 USD
CY2021Q1 ctlt Multiemployer Plans Estimated Annual Cash Contribution
MultiemployerPlansEstimatedAnnualCashContribution
1700000 USD
CY2020Q1 ctlt Multiemployer Plans Estimated Annual Cash Contribution
MultiemployerPlansEstimatedAnnualCashContribution
1700000 USD
CY2021Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2021Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2021Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2020Q2 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
7700000 shares
CY2020Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
547500000 USD
CY2020Q2 ctlt Stock Issued During Period Value Over Allotment Option
StockIssuedDuringPeriodValueOverAllotmentOption
81800000 USD
CY2020Q1 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
8400000 shares
CY2020Q1 us-gaap Shares Issued Price Per Share
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58.58
CY2020Q1 us-gaap Stock Issued During Period Value New Issues
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494200000 USD
CY2020Q1 ctlt Net Proceeds Used To Repay Debt Stock Issued During Period New Issues
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100000000.0 USD
CY2021Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
200000 shares
CY2020Q4 us-gaap Conversion Of Stock Shares Converted1
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265233 shares
CY2020Q4 us-gaap Dividends Preferred Stock Stock
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1900000 USD
CY2020Q4 us-gaap Convertible Preferred Stock Shares Issued Upon Conversion
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20.33 shares
CY2020Q4 us-gaap Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
5392280 shares
CY2021Q1 us-gaap Preferred Stock Shares Outstanding
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384777 shares
CY2020Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases Sales Issues Settlements
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-3500000 USD
CY2020Q4 us-gaap Dividends Preferred Stock Stock
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1900000 USD
CY2021Q1 us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Gross Of Tax
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32600000 USD
CY2020Q1 us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Gross Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseGrossOfTax
3700000 USD
CY2020Q1 us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Gross Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseGrossOfTax
3700000 USD
us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Gross Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseGrossOfTax
-45200000 USD
us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Gross Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseGrossOfTax
17500000 USD
us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Gross Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseGrossOfTax
17500000 USD
CY2021Q1 ctlt Other Comprehensive Income Loss Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax Longterm Intercompany Loans
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTaxLongtermIntercompanyLoans
15300000 USD
CY2020Q1 ctlt Other Comprehensive Income Loss Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax Longterm Intercompany Loans
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTaxLongtermIntercompanyLoans
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ctlt Other Comprehensive Income Loss Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax Longterm Intercompany Loans
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38100000 USD
ctlt Other Comprehensive Income Loss Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax Longterm Intercompany Loans
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTaxLongtermIntercompanyLoans
-15300000 USD
CY2021Q1 us-gaap Translation Adjustment Functional To Reporting Currency Increase Decrease Gross Of Tax
TranslationAdjustmentFunctionalToReportingCurrencyIncreaseDecreaseGrossOfTax
-40300000 USD
CY2020Q1 us-gaap Translation Adjustment Functional To Reporting Currency Increase Decrease Gross Of Tax
TranslationAdjustmentFunctionalToReportingCurrencyIncreaseDecreaseGrossOfTax
-20500000 USD
us-gaap Translation Adjustment Functional To Reporting Currency Increase Decrease Gross Of Tax
TranslationAdjustmentFunctionalToReportingCurrencyIncreaseDecreaseGrossOfTax
54000000.0 USD
us-gaap Translation Adjustment Functional To Reporting Currency Increase Decrease Gross Of Tax
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CY2021Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
7600000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
46900000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
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CY2021Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
7800000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
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us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
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us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
2500000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-200000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-43100000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
55100000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-42800000 USD
CY2021Q1 ctlt Derivative Other Comprehensive Income Loss Net Gain Loss Before Tax
DerivativeOtherComprehensiveIncomeLossNetGainLossBeforeTax
7200000 USD
CY2020Q1 ctlt Derivative Other Comprehensive Income Loss Net Gain Loss Before Tax
DerivativeOtherComprehensiveIncomeLossNetGainLossBeforeTax
0 USD
ctlt Derivative Other Comprehensive Income Loss Net Gain Loss Before Tax
DerivativeOtherComprehensiveIncomeLossNetGainLossBeforeTax
7700000 USD
ctlt Derivative Other Comprehensive Income Loss Net Gain Loss Before Tax
DerivativeOtherComprehensiveIncomeLossNetGainLossBeforeTax
0 USD
CY2021Q1 ctlt Other Comprehensive Income Loss Derivative And Hedge Total Before Tax
OtherComprehensiveIncomeLossDerivativeAndHedgeTotalBeforeTax
7200000 USD
CY2020Q1 ctlt Other Comprehensive Income Loss Derivative And Hedge Total Before Tax
OtherComprehensiveIncomeLossDerivativeAndHedgeTotalBeforeTax
0 USD
ctlt Other Comprehensive Income Loss Derivative And Hedge Total Before Tax
OtherComprehensiveIncomeLossDerivativeAndHedgeTotalBeforeTax
7700000 USD
ctlt Other Comprehensive Income Loss Derivative And Hedge Total Before Tax
OtherComprehensiveIncomeLossDerivativeAndHedgeTotalBeforeTax
0 USD
CY2021Q1 ctlt Other Comprehensive Income Loss Derivative And Hedge After Reclassification Adjustment Tax
OtherComprehensiveIncomeLossDerivativeAndHedgeAfterReclassificationAdjustmentTax
1700000 USD
CY2020Q1 ctlt Other Comprehensive Income Loss Derivative And Hedge After Reclassification Adjustment Tax
OtherComprehensiveIncomeLossDerivativeAndHedgeAfterReclassificationAdjustmentTax
0 USD
ctlt Other Comprehensive Income Loss Derivative And Hedge After Reclassification Adjustment Tax
OtherComprehensiveIncomeLossDerivativeAndHedgeAfterReclassificationAdjustmentTax
1800000 USD
ctlt Other Comprehensive Income Loss Derivative And Hedge After Reclassification Adjustment Tax
OtherComprehensiveIncomeLossDerivativeAndHedgeAfterReclassificationAdjustmentTax
0 USD
CY2021Q1 ctlt Oci Debt Securities Derivative And Hedge Gain Loss After Adjustment And Tax
OCIDebtSecuritiesDerivativeAndHedgeGainLossAfterAdjustmentAndTax
5500000 USD
CY2020Q1 ctlt Oci Debt Securities Derivative And Hedge Gain Loss After Adjustment And Tax
OCIDebtSecuritiesDerivativeAndHedgeGainLossAfterAdjustmentAndTax
0 USD
ctlt Oci Debt Securities Derivative And Hedge Gain Loss After Adjustment And Tax
OCIDebtSecuritiesDerivativeAndHedgeGainLossAfterAdjustmentAndTax
5900000 USD
ctlt Oci Debt Securities Derivative And Hedge Gain Loss After Adjustment And Tax
OCIDebtSecuritiesDerivativeAndHedgeGainLossAfterAdjustmentAndTax
0 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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800000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
1200000 USD
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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2200000 USD
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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4100000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-800000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-1200000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-2200000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-4100000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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