2024 Q1 Form 10-K Financial Statement

#000002990524000008 Filed on February 09, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $2.094B $2.106B $8.438B
YoY Change 0.72% -1.56% -0.82%
Cost Of Revenue $1.337B $1.320B $5.354B
YoY Change 0.35% -3.85% -1.67%
Gross Profit $757.3M $785.8M $3.085B
YoY Change 1.37% 2.54% 0.69%
Gross Profit Margin 36.16% 37.31% 36.56%
Selling, General & Admin $463.1M $431.3M $1.718B
YoY Change 7.1% 4.27% 2.02%
% of Gross Profit 61.16% 54.89% 55.7%
Research & Development $153.1M
YoY Change -6.24%
% of Gross Profit 4.96%
Depreciation & Amortization $84.71M $80.46M $317.5M
YoY Change 8.75% 4.86% 3.23%
% of Gross Profit 11.19% 10.24% 10.29%
Operating Expenses $463.1M $431.3M $1.718B
YoY Change 7.1% 4.27% 2.02%
Operating Profit $294.1M $354.5M $1.366B
YoY Change -6.51% 0.5% -0.94%
Interest Expense $36.37M -$25.95M -$117.8M
YoY Change 6.29% -18.03% 5.16%
% of Operating Profit 12.36% -7.32% -8.62%
Other Income/Expense, Net $6.416M $713.0K $21.47M
YoY Change 68.49% -69.78% 6.29%
Pretax Income $798.9M $329.2M $1.270B
YoY Change 179.05% 1.8% -1.36%
Income Tax $166.7M $32.97M $213.2M
% Of Pretax Income 20.86% 10.01% 16.79%
Net Earnings $632.2M $296.3M $1.057B
YoY Change 176.59% 12.4% -0.8%
Net Earnings / Revenue 30.19% 14.07% 12.52%
Basic Earnings Per Share $4.55 $7.56
Diluted Earnings Per Share $4.52 $2.11 $7.52
COMMON SHARES
Basic Shares Outstanding 139.9M shares 139.9M shares 139.8M shares
Diluted Shares Outstanding 139.9M shares 140.6M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $930.0M $398.6M $398.6M
YoY Change 241.36% 4.65% 4.65%
Cash & Equivalents $930.0M $398.6M $398.6M
Short-Term Investments
Other Short-Term Assets $189.8M $334.2M $334.2M
YoY Change 20.25% 110.02% 110.02%
Inventory $1.246B $1.225B $1.225B
Prepaid Expenses
Receivables $1.519B $1.432B $1.432B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $3.910B $3.390B $3.390B
YoY Change 17.92% -0.97% -0.97%
LONG-TERM ASSETS
Property, Plant & Equipment $1.024B $1.032B $1.032B
YoY Change 1.25% 2.69% 2.69%
Goodwill $4.960B $4.882B
YoY Change 5.96% 4.54%
Intangibles $1.525B $1.484B
YoY Change 17.18% 11.26%
Long-Term Investments
YoY Change
Other Assets $567.9M $560.9M $560.9M
YoY Change 14.8% 20.62% 20.62%
Total Long-Term Assets $8.077B $7.958B $7.958B
YoY Change 7.86% 6.49% 6.49%
TOTAL ASSETS
Total Short-Term Assets $3.910B $3.390B $3.390B
Total Long-Term Assets $8.077B $7.958B $7.958B
Total Assets $11.99B $11.35B $11.35B
YoY Change 10.94% 4.15% 4.15%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $969.8M $1.881B $1.881B
YoY Change -6.68% -7.68% -7.68%
Accrued Expenses $613.8M $674.2M $626.5M
YoY Change 1.17% -1.0% -0.92%
Deferred Revenue $242.1M $211.3M
YoY Change -15.13% -17.76%
Short-Term Debt $969.0M $468.3M $468.3M
YoY Change 88.31% -36.36% -36.36%
Long-Term Debt Due $3.070M
YoY Change 20.2%
Total Short-Term Liabilities $2.984B $2.414B $2.414B
YoY Change 18.97% -12.96% -12.96%
LONG-TERM LIABILITIES
Long-Term Debt $2.973B $2.992B $2.992B
YoY Change 0.41% 1.67% 1.67%
Other Long-Term Liabilities $499.0M $836.4M $836.4M
YoY Change 5.93% -6.48% -6.48%
Total Long-Term Liabilities $3.473B $3.828B $3.828B
YoY Change 1.17% -0.23% -0.23%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.984B $2.414B $2.414B
Total Long-Term Liabilities $3.473B $3.828B $3.828B
Total Liabilities $6.457B $6.242B $6.242B
YoY Change 8.69% -5.57% -5.57%
SHAREHOLDERS EQUITY
Retained Earnings $11.00B
YoY Change 7.56%
Common Stock $1.147B
YoY Change 1.71%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.153B $5.107B $5.107B
YoY Change
Total Liabilities & Shareholders Equity $11.99B $11.35B $11.35B
YoY Change 10.94% 4.15% 4.15%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $632.2M $296.3M $1.057B
YoY Change 176.59% 12.4% -0.8%
Depreciation, Depletion And Amortization $84.71M $80.46M $317.5M
YoY Change 8.75% 4.86% 3.23%
Cash From Operating Activities $166.6M $516.4M $1.336B
YoY Change -30.96% 52.48% 65.86%
INVESTING ACTIVITIES
Capital Expenditures $44.48M $61.01M $192.6M
YoY Change -8.06% -211.08% -187.16%
Acquisitions $533.6M
YoY Change 70.57%
Other Investing Activities -$7.471M -$529.4M -$534.0M
YoY Change 165.68% 530.65% 66.91%
Cash From Investing Activities $429.9M -$590.4M -$726.6M
YoY Change -1086.89% 325.15% 34.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$80.78M 189.1M -568.1M
YoY Change -73.65% -249.31% 118.26%
NET CHANGE
Cash From Operating Activities $166.6M 516.4M 1.336B
Cash From Investing Activities $429.9M -590.4M -726.6M
Cash From Financing Activities -$80.78M 189.1M -568.1M
Net Change In Cash $514.1M 115.1M 41.66M
YoY Change -574.07% 57.5% 818.61%
FREE CASH FLOW
Cash From Operating Activities $166.6M $516.4M $1.336B
Capital Expenditures $44.48M $61.01M $192.6M
Free Cash Flow $122.1M $455.3M $1.144B
YoY Change -36.7% 15.7% 11.4%

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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
380868000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
385504000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
17300000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
0 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
0 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
415861000 usd
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
5 segment
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts reported in the Consolidated Financial Statements and accompanying disclosures. These estimates may be adjusted due to changes in future economic, industry, or customer financial conditions, as well as changes in technology or demand. Estimates are used for, but not limited to, allowances for doubtful accounts receivable, net realizable value of inventories, restructuring reserves, warranty reserves, pension and post-retirement plans, stock-based compensation, useful lives for depreciation and amortization of long-lived assets including finite-lived intangibles, future cash flows associated with impairment testing for goodwill, indefinite-lived intangible assets and other long-lived assets, deferred tax assets, unrecognized tax benefits and contingencies. Actual results may ultimately differ from these estimates, although management does not believe such differences would materially affect the consolidated financial statements in any individual year. Estimates and assumptions are periodically reviewed and the effects of changes in these estimates and assumptions are reflected in the Consolidated Financial Statements in the period that they are determined.</span></div>
CY2023Q3 dov Inventory Stated Percentage
InventoryStatedPercentage
0.04
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2021 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 usd
CY2022 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 usd
CY2023 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Requisite Service Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardRequisiteServicePeriod1
P3Y
CY2023 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
153111000 usd
CY2022 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
163300000 usd
CY2021 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
157826000 usd
CY2023 dov Research And Development Expense As A Percent Of Revenue
ResearchAndDevelopmentExpenseAsAPercentOfRevenue
0.018
CY2022 dov Research And Development Expense As A Percent Of Revenue
ResearchAndDevelopmentExpenseAsAPercentOfRevenue
0.019
CY2021 dov Research And Development Expense As A Percent Of Revenue
ResearchAndDevelopmentExpenseAsAPercentOfRevenue
0.02
CY2023 us-gaap Advertising Expense
AdvertisingExpense
23860000 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
25905000 usd
CY2021 us-gaap Advertising Expense
AdvertisingExpense
23685000 usd
CY2023Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
202762000 usd
CY2023Q4 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.482
CY2023Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
19561000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
11074000 usd
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
11440000 usd
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
211292000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
256933000 usd
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
227549000 usd
CY2023Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
19544000 usd
CY2022Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
19879000 usd
CY2021Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
21513000 usd
CY2023 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
238842000 usd
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
196891000 usd
CY2023 us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
2 business
CY2023 us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
535290000 usd
CY2022 us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
3 business
CY2022 us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
309504000 usd
CY2022 dov Number Of Businesses Acquisitions With Contingent Consideration
NumberOfBusinessesAcquisitionsWithContingentConsideration
1 business
CY2022Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
0 usd
CY2022Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
0 usd
CY2023 dov Number Of Immaterial Dispositions
NumberOfImmaterialDispositions
1 disposition
CY2022 dov Number Of Immaterial Dispositions
NumberOfImmaterialDispositions
1 disposition
CY2023Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
696220000 usd
CY2022Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
812066000 usd
CY2023Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
223655000 usd
CY2022Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
230865000 usd
CY2023Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
425561000 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
458881000 usd
CY2023Q4 us-gaap Inventory Gross
InventoryGross
1345436000 usd
CY2022Q4 us-gaap Inventory Gross
InventoryGross
1501812000 usd
CY2023Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
119984000 usd
CY2022Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
135204000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
1225452000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
1366608000 usd
CY2022Q4 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.04
CY2023Q4 us-gaap Lifo Inventory Amount
LIFOInventoryAmount
0 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
2651567000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
2578497000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
1619751000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
1573672000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
1031816000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
1004825000 usd
CY2023 us-gaap Depreciation
Depreciation
157347000 usd
CY2022 us-gaap Depreciation
Depreciation
148910000 usd
CY2021 us-gaap Depreciation
Depreciation
147309000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
58665000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
53428000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
54397000 usd
CY2023 us-gaap Variable Lease Cost
VariableLeaseCost
8318000 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
7512000 usd
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
6281000 usd
CY2023 us-gaap Short Term Lease Cost
ShortTermLeaseCost
22392000 usd
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
22097000 usd
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
17847000 usd
CY2023 us-gaap Lease Cost
LeaseCost
89375000 usd
CY2022 us-gaap Lease Cost
LeaseCost
83037000 usd
CY2021 us-gaap Lease Cost
LeaseCost
78525000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
58846000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
54268000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
55921000 usd
CY2023 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
318000 usd
CY2022 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
335000 usd
CY2021 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
357000 usd
CY2023 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
3231000 usd
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
2917000 usd
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
3073000 usd
CY2023 dov Total Cash Flow Leases
TotalCashFlowLeases
62395000 usd
CY2022 dov Total Cash Flow Leases
TotalCashFlowLeases
57520000 usd
CY2021 dov Total Cash Flow Leases
TotalCashFlowLeases
59351000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
50997000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
57190000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
47666000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
3539000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
3149000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
2016000 usd
CY2023 dov Total New Lease Assets
TotalNewLeaseAssets
54536000 usd
CY2022 dov Total New Lease Assets
TotalNewLeaseAssets
60339000 usd
CY2021 dov Total New Lease Assets
TotalNewLeaseAssets
49682000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
209729000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
197058000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
48790000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
42649000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
172983000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
165741000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
221773000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
208390000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
7992000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
7846000 usd
CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
3070000 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
2554000 usd
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
5897000 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
6189000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
8967000 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
8743000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
10302000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
8017000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
55883000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
3397000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
46650000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
2885000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
34209000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
2249000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
28089000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
1222000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
21688000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
118000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
76345000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
26000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
262864000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
9897000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
41091000 usd
CY2023Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
930000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
221773000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
8967000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y2M12D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y9M18D
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y9M18D
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y
CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y7M6D
CY2021Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P4Y2M12D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.040
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.035
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.027
CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.039
CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.034
CY2021Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.034
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
39399000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
40126000 usd
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
40474000 usd
CY2023 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2881000 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
5552000 usd
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
5053000 usd
CY2023 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
10395000 usd
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
4462000 usd
CY2021 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
5307000 usd
CY2023 dov Accounts Receivable Other Including Dispositions And Foreign Currency
AccountsReceivableOtherIncludingDispositionsAndForeignCurrency
373000 usd
CY2022 dov Accounts Receivable Other Including Dispositions And Foreign Currency
AccountsReceivableOtherIncludingDispositionsAndForeignCurrency
1817000 usd
CY2021 dov Accounts Receivable Other Including Dispositions And Foreign Currency
AccountsReceivableOtherIncludingDispositionsAndForeignCurrency
94000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
31512000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
39399000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
40126000 usd
CY2021Q4 us-gaap Goodwill Gross
GoodwillGross
4629383000 usd
CY2021Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
70561000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
4558822000 usd
CY2022 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
200513000 usd
CY2022 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
1570000 usd
CY2022 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-91411000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
4669494000 usd
CY2023 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
227761000 usd
CY2023 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-5103000 usd
CY2023 dov Goodwill Held For Sale
GoodwillHeldForSale
58897000 usd
CY2023 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
48432000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
4881687000 usd
CY2023 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
227761000 usd
CY2022 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
200513000 usd
CY2023 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-5103000 usd
CY2022Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
14510000 usd
CY2023Q4 us-gaap Interest Payable Current
InterestPayableCurrent
20723000 usd
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
20591000 usd
CY2022 us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
0 usd
CY2023 us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
0 usd
CY2023 dov Fair Value Discount Rate Percent
FairValueDiscountRatePercent
0.106
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
3003810000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1616528000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1387282000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
2749997000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1512806000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1237191000 usd
CY2023Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
96631000 usd
CY2023Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
3100441000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1616528000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1483913000 usd
CY2022Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
2846541000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1512806000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1333735000 usd
CY2023Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangibles
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
283170000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
160116000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
158628000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
142814000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
173935000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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CY2021Q4 us-gaap Standard Product Warranty Accrual
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CY2020Q4 us-gaap Standard Product Warranty Accrual
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CY2023Q4 us-gaap Deferred Income Tax Liabilities
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CY2022Q4 us-gaap Deferred Income Tax Liabilities
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CY2023Q4 us-gaap Deferred Tax Liabilities
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