2022 Q3 Form 10-Q Financial Statement
#000095017022013367 Filed on July 28, 2022
Income Statement
Concept | 2022 Q3 | 2022 Q2 | 2021 Q4 |
---|---|---|---|
Revenue | $2.054B | $2.111B | $1.963B |
YoY Change | 3.39% | 9.03% | 18.26% |
Cost Of Revenue | $1.310B | $1.348B | $1.272B |
YoY Change | 2.36% | 9.56% | 20.9% |
Gross Profit | $743.5M | $763.1M | $690.8M |
YoY Change | 5.27% | 8.12% | 13.67% |
Gross Profit Margin | 36.2% | 36.15% | 35.2% |
Selling, General & Admin | $415.3M | $434.6M | $412.7M |
YoY Change | 3.77% | 10.14% | 13.32% |
% of Gross Profit | 55.86% | 56.95% | 59.74% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $80.70M | $46.90M | $47.70M |
YoY Change | 74.68% | -1.26% | 2.36% |
% of Gross Profit | 10.85% | 6.15% | 6.91% |
Operating Expenses | $415.3M | $434.6M | $428.3M |
YoY Change | -0.19% | 10.14% | 14.18% |
Operating Profit | $281.2M | $284.1M | $262.5M |
YoY Change | -1.88% | -3.66% | 12.56% |
Interest Expense | $33.10M | $30.50M | -$21.20M |
YoY Change | -260.68% | 43.87% | 8.72% |
% of Operating Profit | 11.77% | 10.74% | -8.08% |
Other Income/Expense, Net | $2.100M | $200.0K | -$200.0K |
YoY Change | 61.54% | -84.62% | 100.0% |
Pretax Income | $250.2M | $253.8M | $239.1M |
YoY Change | -6.4% | -7.71% | 11.94% |
Income Tax | $46.00M | $61.80M | $63.80M |
% Of Pretax Income | 18.39% | 24.35% | 26.68% |
Net Earnings | $204.2M | $192.0M | $175.3M |
YoY Change | 1.04% | -11.6% | 7.15% |
Net Earnings / Revenue | 9.94% | 9.1% | 8.93% |
Basic Earnings Per Share | $1.58 | $1.47 | |
Diluted Earnings Per Share | $1.57 | $1.46 | $1.276M |
COMMON SHARES | |||
Basic Shares Outstanding | 129.3M | 130.3M | 135.3M |
Diluted Shares Outstanding | 130.1M | 131.2M | 137.3M |
Balance Sheet
Concept | 2022 Q3 | 2022 Q2 | 2021 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $345.3M | $360.6M | $471.5M |
YoY Change | -25.05% | -21.61% | 12.5% |
Cash & Equivalents | $345.3M | $360.6M | $471.5M |
Short-Term Investments | |||
Other Short-Term Assets | $223.9M | $258.0M | $193.5M |
YoY Change | 4.04% | 30.63% | 3.31% |
Inventory | $1.502B | $1.447B | $1.194B |
Prepaid Expenses | |||
Receivables | $936.1M | $998.5M | $885.7M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $3.008B | $3.064B | $2.745B |
YoY Change | 10.33% | 20.2% | 24.27% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.098B | $1.083B | $1.010B |
YoY Change | 17.44% | 17.93% | 10.04% |
Goodwill | $2.546B | $2.480B | $2.465B |
YoY Change | 3.23% | 0.36% | 2.94% |
Intangibles | $1.376B | $1.335B | $1.384B |
YoY Change | -1.81% | -6.05% | -2.57% |
Long-Term Investments | |||
YoY Change | |||
Other Assets | $211.2M | $189.3M | $141.6M |
YoY Change | 50.0% | 27.47% | -42.79% |
Total Long-Term Assets | $5.408B | $5.270B | $5.192B |
YoY Change | 5.16% | 2.39% | 0.81% |
TOTAL ASSETS | |||
Total Short-Term Assets | $3.008B | $3.064B | $2.745B |
Total Long-Term Assets | $5.408B | $5.270B | $5.192B |
Total Assets | $8.416B | $8.334B | $7.936B |
YoY Change | 6.95% | 8.29% | 7.85% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $672.6M | $756.3M | $764.9M |
YoY Change | -8.58% | 8.43% | 23.27% |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $600.3M | $0.00 | $400.0M |
YoY Change | |||
Long-Term Debt Due | $600.3M | $0.00 | $400.0M |
YoY Change | |||
Total Short-Term Liabilities | $2.048B | $1.442B | $1.971B |
YoY Change | 33.95% | 5.63% | 46.54% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $2.787B | $3.358B | $2.310B |
YoY Change | 6.0% | 28.74% | -10.2% |
Other Long-Term Liabilities | $123.3M | $174.0M | $176.0M |
YoY Change | -35.17% | -65.72% | -14.31% |
Total Long-Term Liabilities | $2.910B | $3.532B | $2.486B |
YoY Change | 3.22% | 35.41% | -10.51% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $2.048B | $1.442B | $1.971B |
Total Long-Term Liabilities | $2.910B | $3.532B | $2.486B |
Total Liabilities | $5.386B | $5.382B | $4.871B |
YoY Change | 11.87% | 35.46% | 6.29% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $3.277B | $3.145B | $2.808B |
YoY Change | 22.73% | 28.79% | |
Common Stock | $3.061B | $3.048B | $3.020B |
YoY Change | 2.14% | 3.15% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $3.306B | $3.269B | $2.739B |
YoY Change | 29.21% | 20.24% | |
Treasury Stock Shares | $50.25M | ||
Shareholders Equity | $3.030B | $2.952B | $3.065B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $8.416B | $8.334B | $7.936B |
YoY Change | 6.95% | 8.29% | 7.85% |
Cashflow Statement
Concept | 2022 Q3 | 2022 Q2 | 2021 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $204.2M | $192.0M | $175.3M |
YoY Change | 1.04% | -11.6% | 7.15% |
Depreciation, Depletion And Amortization | $80.70M | $46.90M | $47.70M |
YoY Change | 74.68% | -1.26% | 2.36% |
Cash From Operating Activities | $246.9M | $225.0M | $257.9M |
YoY Change | 46.88% | -32.21% | -19.13% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$59.50M | -$54.80M | -$101.2M |
YoY Change | 26.06% | 35.64% | 20.05% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$152.3M | $0.00 | $200.0K |
YoY Change | -100.03% | ||
Cash From Investing Activities | -$211.8M | -$54.80M | -$101.0M |
YoY Change | 348.73% | 35.64% | -87.37% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -36.00M | -176.1M | -143.5M |
YoY Change | -68.89% | -8.38% | -134.13% |
NET CHANGE | |||
Cash From Operating Activities | 246.9M | 225.0M | 257.9M |
Cash From Investing Activities | -211.8M | -54.80M | -101.0M |
Cash From Financing Activities | -36.00M | -176.1M | -143.5M |
Net Change In Cash | -900.0K | -5.900M | 13.40M |
YoY Change | -117.31% | -105.94% | -122.3% |
FREE CASH FLOW | |||
Cash From Operating Activities | $246.9M | $225.0M | $257.9M |
Capital Expenditures | -$59.50M | -$54.80M | -$101.2M |
Free Cash Flow | $306.4M | $279.8M | $359.1M |
YoY Change | 42.31% | -24.85% | -10.94% |
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1-35166 | ||
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FORTUNE BRANDS HOME & SECURITY, INC. | ||
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DE | ||
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62-1411546 | ||
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520 Lake Cook Road | ||
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Deerfield | ||
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IL | ||
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60015-5611 | ||
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847 | ||
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484-4400 | ||
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Common Stock | ||
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Security Exchange Name
SecurityExchangeName
|
NYSE | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | ||
dei |
Entity Small Business
EntitySmallBusiness
|
false | ||
dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | ||
dei |
Entity Shell Company
EntityShellCompany
|
false | ||
CY2022Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
129316984 | |
us-gaap |
Revenues
Revenues
|
4028300000 | ||
us-gaap |
Revenues
Revenues
|
3707100000 | ||
CY2022Q2 | us-gaap |
Revenues
Revenues
|
2111000000.0 | |
CY2021Q2 | us-gaap |
Revenues
Revenues
|
1936100000 | |
us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
2585700000 | ||
us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
2357200000 | ||
CY2022Q2 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
1347900000 | |
CY2021Q2 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
1230300000 | |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
844100000 | ||
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
766100000 | ||
CY2022Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
434600000 | |
CY2021Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
394600000 | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
32100000 | ||
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
32600000 | ||
CY2022Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
16100000 | |
CY2021Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
16000000.0 | |
us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
26000000.0 | ||
us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | ||
us-gaap |
Depreciation
Depreciation
|
61700000 | ||
us-gaap |
Depreciation
Depreciation
|
62600000 | ||
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
32100000 | ||
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
32600000 | ||
fbhs |
Non Cash Lease Expense
NonCashLeaseExpense
|
22200000 | ||
fbhs |
Non Cash Lease Expense
NonCashLeaseExpense
|
20900000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
27500000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
24400000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
27100000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-169400000 | ||
fbhs |
Asset Impairment And Other Charges Operating
AssetImpairmentAndOtherChargesOperating
|
26000000.0 | ||
fbhs |
Asset Impairment And Other Charges Operating
AssetImpairmentAndOtherChargesOperating
|
0 | ||
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1800000 | ||
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
2100000 | ||
us-gaap |
Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
|
0 | ||
us-gaap |
Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
|
-2900000 | ||
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
5900000 | ||
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-1200000 | ||
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
110800000 | ||
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
106000000.0 | ||
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
247400000 | ||
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
173100000 | ||
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-1000000.0 | ||
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
78700000 | ||
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
17100000 | ||
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-500000 | ||
us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-110200000 | ||
us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-100200000 | ||
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-9400000 | ||
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
14000000.0 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
41900000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
262700000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
115600000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
65800000 | ||
us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
8000000.0 | ||
us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
1700000 | ||
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
61600000 | ||
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
-5200000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-169200000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-58900000 | ||
us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
700000000.0 | ||
us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
0 | ||
us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
1100000000.0 | ||
us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
0 | ||
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
4123700000 | ||
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
535000000.0 | ||
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
3073300000 | ||
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
500000000.0 | ||
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
400000 | ||
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
32100000 | ||
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
505000000.0 | ||
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
156000000.0 | ||
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
24800000 | ||
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
8400000 | ||
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
73600000 | ||
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
72000000.0 | ||
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-20300000 | ||
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-100000 | ||
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
16000000.0 | ||
CY2022Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2952400000 | |
CY2021Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2924400000 | |
CY2021Q2 | us-gaap |
Profit Loss
ProfitLoss
|
217200000 | |
CY2021Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
12600000 | |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
14900000 | |
CY2021Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
12200000 | |
CY2021Q2 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
101900000 | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-11300000 | ||
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
5900000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-111500000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
40300000 | ||
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
476100000 | |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
425000000.0 | |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
364600000 | |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
465300000 | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
12100000 | ||
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
10500000 | ||
CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2775500000 | |
us-gaap |
Profit Loss
ProfitLoss
|
395000000.0 | ||
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
16700000 | ||
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
32200000 | ||
us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
156000000.0 | ||
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.26 | ||
us-gaap |
Dividends Common Stock
DividendsCommonStock
|
35900000 | ||
CY2021Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3043500000 | |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3064800000 | |
us-gaap |
Profit Loss
ProfitLoss
|
372900000 | ||
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
52400000 | ||
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
400000 | ||
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
2700000 | ||
us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
505000000.0 | ||
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.28 | ||
fbhs |
Dividends Common Stock Amount After Adjustment
DividendsCommonStockAmountAfterAdjustment
|
-35800000 | ||
CY2021Q2 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.26 | |
CY2021Q2 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
35900000 | |
CY2021Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3043500000 | |
CY2022Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2914800000 | |
CY2022Q2 | us-gaap |
Profit Loss
ProfitLoss
|
192000000.0 | |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-7500000 | |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
200000 | |
CY2022Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
14700000 | |
CY2022Q2 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
125400000 | |
CY2022Q2 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.28 | |
CY2022Q2 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
36400000 | |
CY2022Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2952400000 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
1153100000 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
502900000 | |
CY2022Q2 | us-gaap |
Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
|
541400000 | |
CY2021Q4 | us-gaap |
Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
|
455100000 | |
CY2022Q2 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
108400000 | |
CY2021Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
93000000.0 | |
CY2022Q2 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
796900000 | |
CY2021Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
645700000 | |
CY2022Q2 | us-gaap |
Inventory Net
InventoryNet
|
1446700000 | |
CY2021Q4 | us-gaap |
Inventory Net
InventoryNet
|
1193800000 | |
CY2022Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
2403000000.0 | |
CY2021Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
2278000000.0 | |
CY2022Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
1320200000 | |
CY2021Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
1268500000 | |
CY2022Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1082800000 | |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1009500000 | |
CY2022Q2 | us-gaap |
Goodwill
Goodwill
|
2479600000 | |
CY2021Q4 | us-gaap |
Goodwill
Goodwill
|
2465100000 | |
CY2021Q4 | us-gaap |
Goodwill
Goodwill
|
2465100000 | |
us-gaap |
Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
|
5900000 | ||
us-gaap |
Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
|
20400000 | ||
CY2022Q2 | us-gaap |
Goodwill
Goodwill
|
2479600000 | |
CY2022Q2 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
684400000 | |
CY2022Q2 | us-gaap |
Indefinite Lived Trade Names
IndefiniteLivedTradeNames
|
684400000 | |
CY2021Q4 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
711100000 | |
CY2021Q4 | us-gaap |
Indefinite Lived Trade Names
IndefiniteLivedTradeNames
|
711100000 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
650200000 | |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
1145200000 | |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
472500000 | |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
672700000 | |
CY2022Q2 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
1837500000 | |
CY2022Q2 | fbhs |
Intangible Asset Accumulated Amortization
IntangibleAssetAccumulatedAmortization
|
502900000 | |
CY2022Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1334600000 | |
CY2021Q4 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
1856300000 | |
CY2021Q4 | fbhs |
Intangible Asset Accumulated Amortization
IntangibleAssetAccumulatedAmortization
|
472500000 | |
CY2021Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1383800000 | |
CY2022Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1334600000 | |
CY2021Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1383800000 | |
us-gaap |
Finite Lived Intangible Assets Period Increase Decrease
FiniteLivedIntangibleAssetsPeriodIncreaseDecrease
|
18800000 | ||
CY2022Q2 | us-gaap |
Notes Payable
NotesPayable
|
2700000000 | |
CY2022Q2 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
2700000000.0 | |
CY2022Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
2671500000 | |
CY2021Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
1789800000 | |
CY2022Q2 | us-gaap |
Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
|
20500000 | |
CY2021Q4 | us-gaap |
Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
|
17500000 | |
CY2022Q2 | us-gaap |
Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
|
0 | |
CY2021Q4 | us-gaap |
Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
|
0 | |
CY2022Q2 | us-gaap |
Derivative Notional Amount
DerivativeNotionalAmount
|
600000000 | |
CY2022Q1 | us-gaap |
Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
|
600000000 | |
CY2022Q2 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
64600000 | |
CY2021Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
4100000 | |
CY2022Q2 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
10300000 | |
CY2021Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
1500000 | |
CY2022Q2 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
|
0 | |
us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
21300000 | ||
us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
16800000 | ||
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | ||
us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
4028300000 | ||
us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
3707100000 | ||
us-gaap |
Profit Loss
ProfitLoss
|
372900000 | ||
us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
16900000 | ||
CY2022Q2 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
2111000000.0 | |
CY2021Q2 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
1936100000 | |
CY2022Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.234 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.243 | ||
CY2021Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.208 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.210 | ||
CY2021Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
26500000 | |
CY2020Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
24500000 | |
us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
22200000 | ||
CY2022Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
284100000 | |
CY2021Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
294900000 | |
CY2022Q2 | fbhs |
Percentage Of Change In Operating Income
PercentageOfChangeInOperatingIncome
|
-0.037 | |
us-gaap |
Restructuring Charges
RestructuringCharges
|
7900000 | ||
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.46 | |
us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
8800000 | ||
CY2021Q2 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
6700000 | |
us-gaap |
Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
|
0 | ||
CY2022Q2 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
27600000 | |
CY2021Q2 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
24900000 | |
us-gaap |
Revenues
Revenues
|
4028300000 | ||
us-gaap |
Revenues
Revenues
|
3707100000 | ||
fbhs |
Percentage Of Change In Net Revenues
PercentageOfChangeInNetRevenues
|
-0.087 | ||
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
537500000 | ||
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
543300000 | ||
fbhs |
Percentage Of Change In Operating Income
PercentageOfChangeInOperatingIncome
|
-0.011 | ||
CY2022Q2 | us-gaap |
Revenues
Revenues
|
2111000000.0 | |
CY2021Q2 | us-gaap |
Revenues
Revenues
|
1936100000 | |
CY2022Q2 | fbhs |
Percentage Of Change In Net Revenues
PercentageOfChangeInNetRevenues
|
-0.090 | |
us-gaap |
Restructuring Charges
RestructuringCharges
|
2900000 | ||
us-gaap |
Other Restructuring Costs
OtherRestructuringCosts
|
-3100000 | ||
us-gaap |
Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
|
-200000 | ||
us-gaap |
Restructuring Charges
RestructuringCharges
|
7900000 | ||
us-gaap |
Other Restructuring Costs
OtherRestructuringCosts
|
4200000 | ||
us-gaap |
Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
|
12100000 | ||
CY2022Q2 | us-gaap |
Restructuring Charges
RestructuringCharges
|
2300000 | |
CY2022Q2 | us-gaap |
Other Restructuring Costs
OtherRestructuringCosts
|
2300000 | |
CY2022Q2 | us-gaap |
Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
|
4600000 | |
CY2021Q2 | us-gaap |
Restructuring Charges
RestructuringCharges
|
300000 | |
CY2021Q2 | us-gaap |
Other Restructuring Costs
OtherRestructuringCosts
|
2300000 | |
CY2021Q2 | us-gaap |
Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
|
2600000 | |
CY2021Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
5700000 | |
us-gaap |
Restructuring Charges
RestructuringCharges
|
2900000 | ||
us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
4500000 | ||
CY2022Q2 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
4100000 | |
CY2020Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
7600000 | |
us-gaap |
Profit Loss
ProfitLoss
|
395000000.0 | ||
CY2022Q2 | us-gaap |
Profit Loss
ProfitLoss
|
192000000.0 | |
CY2021Q2 | us-gaap |
Profit Loss
ProfitLoss
|
217200000 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.83 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.85 | ||
CY2022Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1600000 | |
CY2021Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
400000 | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.47 | |
CY2021Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.57 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.80 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.81 | ||
CY2021Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.55 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
131900000 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
138500000 | ||
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
130300000 | |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
138400000 | |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1100000 | ||
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
2000000.0 | ||
CY2022Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
900000 | |
CY2021Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
2000000.0 | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
133000000.0 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
140500000 | ||
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
131200000 | |
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
140400000 | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1000000.0 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
300000 |