2022 Q3 Form 10-K Financial Statement

#000002964422000089 Filed on September 23, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 2021
Revenue $890.0M $3.307B $2.854B
YoY Change 15.12% 15.86% 10.54%
Cost Of Revenue $598.4M $2.239B $1.882B
YoY Change 17.93% 18.97% 10.06%
Gross Profit $291.6M $1.067B $971.7M
YoY Change 9.75% 9.85% 11.48%
Gross Profit Margin 32.76% 32.28% 34.05%
Selling, General & Admin $554.8M $519.2M
YoY Change 6.86% 10.4%
% of Gross Profit 51.98% 53.43%
Research & Development $69.10M $67.80M
YoY Change 1.92% 10.78%
% of Gross Profit 6.47% 6.98%
Depreciation & Amortization $22.80M $93.80M $95.30M
YoY Change -8.43% -1.57% 8.79%
% of Gross Profit 7.82% 8.79% 9.81%
Operating Expenses $162.3M $623.9M $587.0M
YoY Change 5.6% 6.29% 10.44%
Operating Profit $129.3M $443.5M $384.7M
YoY Change 15.45% 15.28% 13.11%
Interest Expense -$4.000M -$14.90M $13.00M
YoY Change 48.15% -214.62% -25.29%
% of Operating Profit -3.09% -3.36% 3.38%
Other Income/Expense, Net $3.400M $9.800M $9.300M
YoY Change -27.66% 5.38% -25.6%
Pretax Income $128.7M $438.4M $114.1M
YoY Change 12.89% 284.22% 1.15%
Income Tax $27.60M $105.6M $94.10M
% Of Pretax Income 21.45% 24.09% 82.47%
Net Earnings $101.1M $332.8M $286.9M
YoY Change 19.93% 16.0% 11.63%
Net Earnings / Revenue 11.36% 10.06% 10.05%
Basic Earnings Per Share $2.69 $2.27
Diluted Earnings Per Share $814.7K $2.658M $2.24
COMMON SHARES
Basic Shares Outstanding 122.5M shares 123.7M shares 126.4M shares
Diluted Shares Outstanding 125.2M shares 128.2M shares

Balance Sheet

Concept 2022 Q3 2022 2021
SHORT-TERM ASSETS
Cash & Short-Term Investments $193.3M $193.3M $222.8M
YoY Change -13.24% -13.24% -5.83%
Cash & Equivalents $193.3M $193.3M $222.8M
Short-Term Investments
Other Short-Term Assets $94.20M $94.20M $69.10M
YoY Change 36.32% 36.32% -15.83%
Inventory $502.4M $502.4M $384.5M
Prepaid Expenses
Receivables $616.6M $616.6M $567.6M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.407B $1.407B $1.244B
YoY Change 13.06% 13.06% 13.43%
LONG-TERM ASSETS
Property, Plant & Equipment $594.4M $594.4M $617.8M
YoY Change -3.79% -3.79% -12.41%
Goodwill $345.8M
YoY Change 7.22%
Intangibles $99.80M
YoY Change 62.01%
Long-Term Investments $22.40M $22.40M $24.20M
YoY Change -7.44% -7.44% 11.52%
Other Assets $153.8M $153.8M $130.1M
YoY Change -0.32% 18.22% 253.53%
Total Long-Term Assets $1.194B $1.194B $1.156B
YoY Change 3.25% 3.25% 0.72%
TOTAL ASSETS
Total Short-Term Assets $1.407B $1.407B $1.244B
Total Long-Term Assets $1.194B $1.194B $1.156B
Total Assets $2.600B $2.600B $2.400B
YoY Change 8.34% 8.34% 6.93%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $338.5M $338.5M $293.9M
YoY Change 15.18% 15.18% 56.58%
Accrued Expenses $113.8M $113.8M $144.9M
YoY Change -21.46% -21.46% 49.54%
Deferred Revenue $22.30M
YoY Change
Short-Term Debt $3.700M $3.700M $48.50M
YoY Change -92.37% -92.37% 1176.32%
Long-Term Debt Due $0.00
YoY Change -100.0%
Total Short-Term Liabilities $629.6M $629.6M $606.6M
YoY Change 3.79% 3.79% 49.12%
LONG-TERM LIABILITIES
Long-Term Debt $644.3M $644.3M $461.0M
YoY Change 39.76% 39.76% -25.33%
Other Long-Term Liabilities $160.5M $160.5M $168.9M
YoY Change 81.97% -4.97% -15.51%
Total Long-Term Liabilities $804.8M $804.8M $629.9M
YoY Change 812.47% 27.77% -22.93%
TOTAL LIABILITIES
Total Short-Term Liabilities $629.6M $629.6M $606.6M
Total Long-Term Liabilities $804.8M $804.8M $629.9M
Total Liabilities $1.467B $1.467B $1.263B
YoY Change 16.15% 16.15% 0.45%
SHAREHOLDERS EQUITY
Retained Earnings $1.830B
YoY Change 13.8%
Common Stock $758.2M
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.133B $1.133B $1.137B
YoY Change
Total Liabilities & Shareholders Equity $2.600B $2.600B $2.400B
YoY Change 8.34% 8.34% 6.93%

Cashflow Statement

Concept 2022 Q3 2022 2021
OPERATING ACTIVITIES
Net Income $101.1M $332.8M $286.9M
YoY Change 19.93% 16.0% 11.63%
Depreciation, Depletion And Amortization $22.80M $93.80M $95.30M
YoY Change -8.43% -1.57% 8.79%
Cash From Operating Activities $108.9M $252.8M $401.9M
YoY Change 13.08% -37.1% 3.85%
INVESTING ACTIVITIES
Capital Expenditures -$28.30M -$85.10M $59.00M
YoY Change 50.53% -244.24% -52.57%
Acquisitions $68.90M $0.00
YoY Change -100.0%
Other Investing Activities -$19.90M -$68.90M $700.0K
YoY Change -2942.86% -9942.86% -115.56%
Cash From Investing Activities -$48.20M -$154.0M -$58.30M
YoY Change 166.3% 164.15% -54.77%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$15.50M -$157.7M $142.2M
YoY Change -210.9% 50.8%
Debt Paid & Issued, Net $90.00M $170.4M
YoY Change -47.18% -39.36%
Cash From Financing Activities -31.40M -114.2M -$363.3M
YoY Change -53.69% -68.57% 82.11%
NET CHANGE
Cash From Operating Activities 108.9M 252.8M $401.9M
Cash From Investing Activities -48.20M -154.0M -$58.30M
Cash From Financing Activities -31.40M -114.2M -$363.3M
Net Change In Cash 29.30M -15.40M -$13.80M
YoY Change 181.73% 11.59% -123.47%
FREE CASH FLOW
Cash From Operating Activities $108.9M $252.8M $401.9M
Capital Expenditures -$28.30M -$85.10M $59.00M
Free Cash Flow $137.2M $337.9M $342.9M
YoY Change 19.2% -1.46% 30.58%

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<div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify;text-indent:18pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the Company’s financial statements in conformity with </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">generally accepted accounting principles (GAAP) in the United States (U.S.)</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> requires management to make estimates and assumptions that affect the amount of assets and liabilities and the disclosures regarding contingent assets and liabilities at period end and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.</span></div>
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CY2022Q3 us-gaap Undistributed Earnings Of Foreign Subsidiaries
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CY2022Q3 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
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888500000 usd
CY2022 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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6400000 usd
CY2022Q3 us-gaap Deferred Tax Liability Not Recognized Amount Of Unrecognized Deferred Tax Liability Undistributed Earnings Of Foreign Subsidiaries
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224800000 usd
CY2022Q3 us-gaap Tax Cuts And Jobs Act Of2017 Transition Tax For Accumulated Foreign Earnings Liability Noncurrent
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CY2021 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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4600000 usd
CY2020 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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CY2021Q3 us-gaap Unrecognized Tax Benefits
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18700000 usd
CY2020Q3 us-gaap Unrecognized Tax Benefits
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16900000 usd
CY2019Q3 us-gaap Unrecognized Tax Benefits
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15500000 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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2700000 usd
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
4700000 usd
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
2800000 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
2700000 usd
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
200000 usd
CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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1100000 usd
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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1000000.0 usd
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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CY2022 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
5100000 usd
CY2022Q3 us-gaap Unrecognized Tax Benefits
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15200000 usd
CY2021Q3 us-gaap Unrecognized Tax Benefits
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18700000 usd
CY2020Q3 us-gaap Unrecognized Tax Benefits
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16900000 usd
CY2022Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
1100000 usd
CY2022Q3 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
400000 usd
CY2022 dci Maximum Reduction In Amount Of Unrecognized Tax Benefits Resulting From Lapse Of Statute Of Limitations
MaximumReductionInAmountOfUnrecognizedTaxBenefitsResultingFromLapseOfStatuteOfLimitations
3100000 usd
CY2022 us-gaap Operating Lease Cost
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21400000 usd
CY2021 us-gaap Operating Lease Cost
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25600000 usd
CY2022 us-gaap Short Term Lease Cost
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3100000 usd
CY2021 us-gaap Short Term Lease Cost
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2400000 usd
CY2022 us-gaap Lease Cost
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24500000 usd
CY2021 us-gaap Lease Cost
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28000000.0 usd
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
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44700000 usd
CY2021Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
51200000 usd
CY2022Q3 us-gaap Operating Lease Liability Current
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16300000 usd
CY2021Q3 us-gaap Operating Lease Liability Current
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18100000 usd
CY2022Q3 us-gaap Operating Lease Liability Noncurrent
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28500000 usd
CY2021Q3 us-gaap Operating Lease Liability Noncurrent
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33700000 usd
CY2022Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P3Y4M24D
CY2021Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y7M6D
CY2022Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.0317
CY2021Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.0326
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
18800000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
12800000 usd
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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10.23
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
7100000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4500000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
2700000 usd
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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22600000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
2800000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
48700000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
3900000 usd
CY2022Q3 us-gaap Operating Lease Liability
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44800000 usd
CY2022 us-gaap Net Income Loss
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332800000 usd
CY2021 us-gaap Net Income Loss
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286900000 usd
CY2020 us-gaap Net Income Loss
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257000000.0 usd
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
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123700000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
126400000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
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126900000 shares
CY2022 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1500000 shares
CY2021 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1800000 shares
CY2020 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1400000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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125200000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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128200000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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128300000 shares
CY2022 us-gaap Earnings Per Share Basic
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2.69
CY2021 us-gaap Earnings Per Share Basic
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2.27
CY2020 us-gaap Earnings Per Share Basic
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2.03
CY2022 us-gaap Earnings Per Share Diluted
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2.66
CY2021 us-gaap Earnings Per Share Diluted
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2.24
CY2020 us-gaap Earnings Per Share Diluted
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2.00
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1600000 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
800000 shares
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1700000 shares
CY2022Q3 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
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13000000 shares
CY2022 us-gaap Payments For Repurchase Of Common Stock
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170600000 usd
CY2021 us-gaap Payments For Repurchase Of Common Stock
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142200000 usd
CY2022Q3 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
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5400000 shares
CY2022 us-gaap Common Stock Dividends Per Share Cash Paid
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0.89
CY2021 us-gaap Common Stock Dividends Per Share Cash Paid
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0.85
CY2021Q3 us-gaap Common Stock Dividends Per Share Declared
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0.23
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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10.93
CY2022 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
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-96600000 usd
CY2022 us-gaap Other Comprehensive Income Loss Before Reclassifications Tax
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600000 usd
CY2022 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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-97200000 usd
CY2022 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
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-12800000 usd
CY2022 us-gaap Reclassification From Aoci Current Period Tax
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-3000000.0 usd
CY2022 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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-9800000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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-87400000 usd
CY2021 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
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67800000 usd
CY2021 us-gaap Other Comprehensive Income Loss Before Reclassifications Tax
OtherComprehensiveIncomeLossBeforeReclassificationsTax
9500000 usd
CY2021 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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58300000 usd
CY2021 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
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-9800000 usd
CY2021 us-gaap Reclassification From Aoci Current Period Tax
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-2300000 usd
CY2021 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-7500000 usd
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
65800000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
14.24
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.016
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.016
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
18300000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.012
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.018
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.005
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.013
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.008
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.019
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.260
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.270
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.254
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.266
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.210
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.237
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.016
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
6531250 shares
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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39.66
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
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944094 shares
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
51.94
CY2020 us-gaap Stock Issued During Period Shares Stock Options Exercised
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CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
30.35
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
96279 shares
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
52.72
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
6533979 shares
CY2021Q3 us-gaap Deferred Compensation Arrangement With Individual Recorded Liability
DeferredCompensationArrangementWithIndividualRecordedLiability
3300000 usd
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
42.44
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
1004631 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
46.61
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1030938 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
36.00
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
62929 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
49.95
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
6444743 shares
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
44.05
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
898726 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
59.18
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
365267 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
37.02
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
51041 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
53.15
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
6927161 shares
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
46.32
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
7800000 usd
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
6927161 shares
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y4M24D
CY2022Q3 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
46.32
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
5117688 shares
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y4M24D
CY2022Q3 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
43.74
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
64000000 usd
CY2022Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
58200000 usd
CY2021Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
1844890 shares
CY2021Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
10.79
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
898726 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
14.24
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
893304 shares
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
11.15
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares
40839 shares
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue
11.88
CY2022Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
1809473 shares
CY2022Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
12.31
CY2022Q3 us-gaap Derivative Fair Value Of Derivative Asset
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10200000 usd
CY2021Q3 us-gaap Derivative Fair Value Of Derivative Asset
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2600000 usd
CY2022Q3 us-gaap Derivative Fair Value Of Derivative Liability
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5200000 usd
CY2021Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
3600000 usd
CY2022Q3 us-gaap Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months
DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths
29200000 usd
CY2022Q3 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Two
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo
29600000 usd
CY2022Q3 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Three
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree
29700000 usd
CY2022Q3 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Four
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour
27700000 usd
CY2022Q3 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Five
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive
27900000 usd
CY2022Q3 us-gaap Defined Benefit Plan Expected Future Benefit Payments Five Fiscal Years Thereafter
DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter
147400000 usd
CY2022 dci Deferred Compensation Arrangement With Individual Maximum Future Deferred Receipts Allowed
DeferredCompensationArrangementWithIndividualMaximumFutureDeferredReceiptsAllowed
0.75
CY2022Q3 us-gaap Deferred Compensation Arrangement With Individual Recorded Liability
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2600000 usd
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2581800000 usd
CY2020Q3 us-gaap Property Plant And Equipment Net
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631600000 usd
CY2022 dei Auditor Firm
AuditorFirmId
238

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