2024 Q2 Form 10-Q Financial Statement
#000095017024051261 Filed on May 01, 2024
Income Statement
Concept | 2024 Q2 | 2024 Q1 |
---|---|---|
Revenue | $1.240B | $1.110B |
YoY Change | 19.23% | |
Cost Of Revenue | $699.0M | $622.0M |
YoY Change | 10.65% | |
Gross Profit | $541.0M | $487.6M |
YoY Change | 32.5% | |
Gross Profit Margin | 43.63% | 43.94% |
Selling, General & Admin | $319.7M | $311.6M |
YoY Change | 22.58% | |
% of Gross Profit | 59.09% | 63.9% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $73.20M | $28.30M |
YoY Change | 279.27% | |
% of Gross Profit | 13.53% | 5.8% |
Operating Expenses | $319.7M | $311.6M |
YoY Change | 22.58% | |
Operating Profit | $199.1M | $155.4M |
YoY Change | 51.06% | |
Interest Expense | $32.30M | $30.10M |
YoY Change | 20.52% | |
% of Operating Profit | 16.22% | 19.37% |
Other Income/Expense, Net | $3.700M | -$100.0K |
YoY Change | -41.27% | |
Pretax Income | $170.5M | $125.2M |
YoY Change | 53.19% | |
Income Tax | $36.60M | $28.80M |
% Of Pretax Income | 21.47% | 23.0% |
Net Earnings | $133.9M | $96.40M |
YoY Change | 58.27% | |
Net Earnings / Revenue | 10.8% | 8.69% |
Basic Earnings Per Share | $1.07 | $0.77 |
Diluted Earnings Per Share | $1.06 | $0.76 |
COMMON SHARES | ||
Basic Shares Outstanding | 125.1M | 126.1M |
Diluted Shares Outstanding | 125.8M | 127.0M |
Balance Sheet
Concept | 2024 Q2 | 2024 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $352.6M | $359.7M |
YoY Change | -34.59% | |
Cash & Equivalents | $352.6M | $359.7M |
Short-Term Investments | ||
Other Short-Term Assets | $145.2M | $171.3M |
YoY Change | -46.62% | |
Inventory | $990.5M | $1.025B |
Prepaid Expenses | ||
Receivables | $593.6M | $615.9M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $2.082B | $2.172B |
YoY Change | -9.53% | |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $976.6M | $982.6M |
YoY Change | 21.2% | |
Goodwill | $1.995B | $1.989B |
YoY Change | 21.37% | |
Intangibles | $1.336B | $1.355B |
YoY Change | 34.87% | |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $121.0M | $122.8M |
YoY Change | 1.26% | |
Total Long-Term Assets | $4.592B | $4.619B |
YoY Change | 25.07% | |
TOTAL ASSETS | ||
Total Short-Term Assets | $2.082B | $2.172B |
Total Long-Term Assets | $4.592B | $4.619B |
Total Assets | $6.674B | $6.792B |
YoY Change | 11.74% | |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $554.4M | $571.4M |
YoY Change | 30.85% | |
Accrued Expenses | ||
YoY Change | ||
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $499.3M | $0.00 |
YoY Change | -16.71% | |
Long-Term Debt Due | $499.3M | |
YoY Change | -16.71% | |
Total Short-Term Liabilities | $1.548B | $1.063B |
YoY Change | 9.54% | |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $2.402B | $3.045B |
YoY Change | 15.75% | |
Other Long-Term Liabilities | $97.30M | $100.6M |
YoY Change | -4.98% | |
Total Long-Term Liabilities | $2.499B | $3.145B |
YoY Change | 14.78% | |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $1.548B | $1.063B |
Total Long-Term Liabilities | $2.499B | $3.145B |
Total Liabilities | $4.343B | $4.511B |
YoY Change | 11.65% | |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $2.806B | $2.702B |
YoY Change | 16.78% | |
Common Stock | $3.163B | $3.152B |
YoY Change | 2.16% | |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $3.681B | $3.625B |
YoY Change | 6.42% | |
Treasury Stock Shares | ||
Shareholders Equity | $2.331B | $2.281B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $6.674B | $6.792B |
YoY Change | 11.74% |
Cashflow Statement
Concept | 2024 Q2 | 2024 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $133.9M | $96.40M |
YoY Change | 58.27% | |
Depreciation, Depletion And Amortization | $73.20M | $28.30M |
YoY Change | 279.27% | |
Cash From Operating Activities | $261.5M | -$71.30M |
YoY Change | 243.63% | |
INVESTING ACTIVITIES | ||
Capital Expenditures | $38.80M | $64.60M |
YoY Change | -8.92% | |
Acquisitions | $105.2M | |
YoY Change | ||
Other Investing Activities | -$21.60M | -$105.2M |
YoY Change | ||
Cash From Investing Activities | -$60.40M | -$169.8M |
YoY Change | 41.78% | |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | $30.10M | |
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | $90.00M | |
YoY Change | ||
Cash From Financing Activities | -229.0M | 238.7M |
YoY Change | 64.39% | |
NET CHANGE | ||
Cash From Operating Activities | 261.5M | -71.30M |
Cash From Investing Activities | -60.40M | -169.8M |
Cash From Financing Activities | -229.0M | 238.7M |
Net Change In Cash | -27.90M | -7.400M |
YoY Change | -73.07% | |
FREE CASH FLOW | ||
Cash From Operating Activities | $261.5M | -$71.30M |
Capital Expenditures | $38.80M | $64.60M |
Free Cash Flow | $222.7M | -$135.9M |
YoY Change | 564.78% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2024Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2024Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2024Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2024Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001519751 | |
CY2024Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2023Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2024Q1 | dei |
Document Type
DocumentType
|
10-Q | |
CY2024Q1 | dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | |
CY2024Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2024-03-30 | |
CY2024Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2024 | |
CY2024Q1 | dei |
Document Transition Report
DocumentTransitionReport
|
false | |
CY2024Q1 | dei |
Entity File Number
EntityFileNumber
|
1-35166 | |
CY2024Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
Fortune Brands Innovations, Inc. | |
CY2024Q1 | dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
DE | |
CY2024Q1 | dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
62-1411546 | |
CY2024Q1 | dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
520 Lake Cook Road | |
CY2024Q1 | dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Deerfield | |
CY2024Q1 | dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
IL | |
CY2024Q1 | dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
60015-5611 | |
CY2024Q1 | dei |
City Area Code
CityAreaCode
|
847 | |
CY2024Q1 | dei |
Local Phone Number
LocalPhoneNumber
|
484-4400 | |
CY2024Q1 | dei |
Security12b Title
Security12bTitle
|
Common Stock | |
CY2024Q1 | dei |
Trading Symbol
TradingSymbol
|
FBIN | |
CY2024Q1 | dei |
Security Exchange Name
SecurityExchangeName
|
NYSE | |
CY2024Q1 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2024Q1 | dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | |
CY2024Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | |
CY2024Q1 | dei |
Entity Small Business
EntitySmallBusiness
|
false | |
CY2024Q1 | dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | |
CY2024Q1 | dei |
Entity Shell Company
EntityShellCompany
|
false | |
CY2024Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
125078708 | |
CY2024Q1 | us-gaap |
Revenues
Revenues
|
1109600000 | |
CY2023Q2 | us-gaap |
Revenues
Revenues
|
1040000000 | |
CY2024Q1 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
622000000 | |
CY2023Q2 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
631700000 | |
CY2024Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
311600000 | |
CY2023Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
260800000 | |
CY2024Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
17800000 | |
CY2023Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
12600000 | |
CY2024Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
2800000 | |
CY2023Q2 | us-gaap |
Restructuring Charges
RestructuringCharges
|
3100000 | |
CY2024Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
155400000 | |
CY2023Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
131800000 | |
CY2024Q1 | us-gaap |
Interest Expense
InterestExpense
|
30100000 | |
CY2023Q2 | us-gaap |
Interest Expense
InterestExpense
|
26800000 | |
CY2024Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-100000 | |
CY2023Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
6300000 | |
CY2024Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
125200000 | |
CY2023Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
111300000 | |
CY2024Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
28800000 | |
CY2023Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
25700000 | |
CY2024Q1 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
96400000 | |
CY2023Q2 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
85600000 | |
CY2024Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
0 | |
CY2023Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-1000000 | |
CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
96400000 | |
CY2023Q2 | us-gaap |
Profit Loss
ProfitLoss
|
84600000 | |
CY2024Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.77 | |
CY2023Q2 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.67 | |
CY2023Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
-0.01 | |
CY2024Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.77 | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.66 | |
CY2024Q1 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.76 | |
CY2023Q2 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.67 | |
CY2023Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
-0.01 | |
CY2024Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.76 | |
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.66 | |
CY2024Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
84400000 | |
CY2023Q2 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
83900000 | |
CY2024Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
359700000 | |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
366400000 | |
CY2024Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
615900000 | |
CY2023Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
534200000 | |
CY2024Q1 | us-gaap |
Inventory Net
InventoryNet
|
1025200000 | |
CY2023Q4 | us-gaap |
Inventory Net
InventoryNet
|
982300000 | |
CY2024Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
171300000 | |
CY2023Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
162800000 | |
CY2024Q1 | us-gaap |
Assets Current
AssetsCurrent
|
2172100000 | |
CY2023Q4 | us-gaap |
Assets Current
AssetsCurrent
|
2045700000 | |
CY2024Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
982600000 | |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
975000000 | |
CY2024Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
170600000 | |
CY2023Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
173800000 | |
CY2024Q1 | us-gaap |
Goodwill
Goodwill
|
1988700000 | |
CY2023Q4 | us-gaap |
Goodwill
Goodwill
|
1906800000 | |
CY2024Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1354700000 | |
CY2023Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1354700000 | |
CY2024Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
122800000 | |
CY2023Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
109000000 | |
CY2024Q1 | us-gaap |
Assets
Assets
|
6791500000 | |
CY2023Q4 | us-gaap |
Assets
Assets
|
6565000000 | |
CY2024Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
571400000 | |
CY2023Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
568100000 | |
CY2024Q1 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
491100000 | |
CY2023Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
632300000 | |
CY2024Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1062500000 | |
CY2023Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1200400000 | |
CY2024Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
3044700000 | |
CY2023Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
2670100000 | |
CY2024Q1 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
118600000 | |
CY2023Q4 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
111300000 | |
CY2024Q1 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
43800000 | |
CY2023Q4 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
47300000 | |
CY2024Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
140500000 | |
CY2023Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
143300000 | |
CY2024Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
100600000 | |
CY2023Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
99200000 | |
CY2024Q1 | us-gaap |
Liabilities
Liabilities
|
4510700000 | |
CY2023Q4 | us-gaap |
Liabilities
Liabilities
|
4271600000 | |
CY2024Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
1900000 | |
CY2023Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
1900000 | |
CY2024Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
3150500000 | |
CY2023Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
3134500000 | |
CY2024Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
51300000 | |
CY2023Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
63300000 | |
CY2024Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
2701800000 | |
CY2023Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
2605300000 | |
CY2024Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
3624700000 | |
CY2023Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
3511600000 | |
CY2024Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2280800000 | |
CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2293400000 | |
CY2024Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
6791500000 | |
CY2023Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
6565000000 | |
CY2024Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2024Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
187700000 | |
CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
187100000 | |
CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
96400000 | |
CY2023Q2 | us-gaap |
Profit Loss
ProfitLoss
|
84600000 | |
CY2024Q1 | us-gaap |
Depreciation
Depreciation
|
28300000 | |
CY2023Q2 | us-gaap |
Depreciation
Depreciation
|
19300000 | |
CY2024Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
17800000 | |
CY2023Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
12600000 | |
CY2024Q1 | fbin |
Non Cash Lease Expense
NonCashLeaseExpense
|
9300000 | |
CY2023Q2 | fbin |
Non Cash Lease Expense
NonCashLeaseExpense
|
8100000 | |
CY2024Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
9700000 | |
CY2023Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
9500000 | |
CY2024Q1 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
8800000 | |
CY2023Q2 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
7400000 | |
CY2024Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
900000 | |
CY2023Q2 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1000000 | |
CY2024Q1 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-300000 | |
CY2023Q2 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
0 | |
CY2024Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
81400000 | |
CY2023Q2 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
35700000 | |
CY2024Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
43700000 | |
CY2023Q2 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-91600000 | |
CY2024Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
30200000 | |
CY2023Q2 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
2700000 | |
CY2024Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
14800000 | |
CY2023Q2 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-7700000 | |
CY2024Q1 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-137100000 | |
CY2023Q2 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-116900000 | |
CY2024Q1 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
4000000 | |
CY2023Q2 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-15800000 | |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-71300000 | |
CY2023Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
76100000 | |
CY2024Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
64600000 | |
CY2023Q2 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
42600000 | |
CY2024Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
105200000 | |
CY2023Q2 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
0 | |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-169800000 | |
CY2023Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-42600000 | |
CY2024Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
465000000 | |
CY2023Q2 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
0 | |
CY2024Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
90000000 | |
CY2023Q2 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
0 | |
CY2024Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
6300000 | |
CY2023Q2 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
2300000 | |
CY2024Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
100000000 | |
CY2023Q2 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
100000000 | |
CY2024Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
12400000 | |
CY2023Q2 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
12100000 | |
CY2024Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
30100000 | |
CY2023Q2 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
29500000 | |
CY2024Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-100000 | |
CY2023Q2 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
0 | |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
238700000 | |
CY2023Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-139300000 | |
CY2024Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-5000000 | |
CY2023Q2 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2200000 | |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-7400000 | |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-103600000 | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
395500000 | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
648300000 | |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
388100000 | |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
544700000 | |
CY2024Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
9200000 | |
CY2023Q2 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
11100000 | |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2086900000 | |
CY2023Q2 | us-gaap |
Profit Loss
ProfitLoss
|
84600000 | |
CY2023Q2 | fbin |
Other Comprehensive Income Loss Net
OtherComprehensiveIncomeLossNet
|
-700000 | |
CY2023Q2 | us-gaap |
Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
|
12900000 | |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
2300000 | |
CY2023Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
-2700000 | |
CY2023Q2 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
100800000 | |
CY2023Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2082500000 | |
CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2293400000 | |
CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
96400000 | |
CY2024Q1 | fbin |
Other Comprehensive Income Loss Net
OtherComprehensiveIncomeLossNet
|
-12000000 | |
CY2024Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
6300000 | |
CY2024Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
-2700000 | |
CY2024Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
100700000 | |
CY2024Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
100000 | |
CY2024Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2280800000 | |
CY2023Q4 | us-gaap |
Goodwill
Goodwill
|
1906800000 | |
CY2024Q1 | us-gaap |
Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
|
2700000 | |
CY2024Q1 | us-gaap |
Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
|
84600000 | |
CY2024Q1 | us-gaap |
Goodwill
Goodwill
|
1988700000 | |
CY2024Q1 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
519700000 | |
CY2024Q1 | us-gaap |
Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
|
348100000 | |
CY2023Q4 | us-gaap |
Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
|
352400000 | |
CY2024Q1 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
79100000 | |
CY2023Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
83200000 | |
CY2024Q1 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
598000000 | |
CY2023Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
546700000 | |
CY2024Q1 | us-gaap |
Inventory Net
InventoryNet
|
1025200000 | |
CY2023Q4 | us-gaap |
Inventory Net
InventoryNet
|
982300000 | |
CY2024Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1937400000 | |
CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1904800000 | |
CY2024Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
954800000 | |
CY2023Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
929800000 | |
CY2024Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
982600000 | |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
975000000 | |
CY2024Q1 | us-gaap |
Goodwill
Goodwill
|
1988700000 | |
CY2023Q4 | us-gaap |
Goodwill
Goodwill
|
1906800000 | |
CY2024Q1 | us-gaap |
Indefinite Lived Trade Names
IndefiniteLivedTradeNames
|
519700000 | |
CY2023Q4 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
520100000 | |
CY2023Q4 | us-gaap |
Indefinite Lived Trade Names
IndefiniteLivedTradeNames
|
520100000 | |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
1232200000 | |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
397200000 | |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
835000000 | |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
1213900000 | |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
379300000 | |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
834600000 | |
CY2024Q1 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
1751900000 | |
CY2024Q1 | fbin |
Intangible Asset Accumulated Amortization
IntangibleAssetAccumulatedAmortization
|
397200000 | |
CY2024Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1354700000 | |
CY2023Q4 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
1734000000 | |
CY2023Q4 | fbin |
Intangible Asset Accumulated Amortization
IntangibleAssetAccumulatedAmortization
|
379300000 | |
CY2023Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1354700000 | |
CY2024Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1354700000 | |
CY2023Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1354700000 | |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Period Increase Decrease
FiniteLivedIntangibleAssetsPeriodIncreaseDecrease
|
17900000 | |
CY2024Q1 | us-gaap |
Notes Payable
NotesPayable
|
2700000000 | |
CY2024Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
2671000000 | |
CY2023Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
2670100000 | |
CY2024Q1 | us-gaap |
Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
|
500000 | |
CY2023Q4 | us-gaap |
Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
|
500000 | |
CY2024Q1 | us-gaap |
Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
|
0 | |
CY2023Q4 | us-gaap |
Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
|
0 | |
CY2024Q1 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
1200000 | |
CY2023Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
800000 | |
CY2024Q1 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
2100000 | |
CY2023Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
2700000 | |
CY2024Q1 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
|
0 | |
CY2024Q1 | us-gaap |
Revenues
Revenues
|
1109600000 | |
CY2023Q2 | us-gaap |
Revenues
Revenues
|
1040000000 | |
CY2024Q1 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
2000000 | |
CY2023Q2 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
2600000 | |
CY2024Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.23 | |
CY2023Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.231 | |
CY2024Q1 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | |
CY2024Q1 | fbin |
Pillar Two Legislation Description
PillarTwoLegislationDescription
|
In 2021, the Organization for Economic Cooperation & Development (“OECD”), with the support of over 130 countries, endorsed a framework (“Pillar Two”), which includes establishing a 15 percent global minimum corporate tax rate on a country-by-country basis. Numerous countries have adopted legislation in support of Pillar Two or are in the process of doing so, with certain rules becoming effective on January 1, 2024, and the remainder becoming effective on January 1, 2025. The Company is continuing to monitor and evaluate Pillar Two legislation and does not expect it to have a material impact on the Company’s tax liability in 2024. | |
CY2023Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
18400000 | |
CY2022Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
20100000 | |
CY2024Q1 | us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
1900000 | |
CY2023Q2 | us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
2100000 | |
CY2024Q1 | us-gaap |
Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
|
-100000 | |
CY2023Q2 | us-gaap |
Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
|
0 | |
CY2024Q1 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
18200000 | |
CY2023Q2 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
19600000 | |
CY2024Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
155400000 | |
CY2023Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
131800000 | |
CY2024Q1 | fbin |
Percentage Of Change In Operating Income
PercentageOfChangeInOperatingIncome
|
0.179 | |
CY2024Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
2800000 | |
CY2024Q1 | us-gaap |
Other Restructuring Costs
OtherRestructuringCosts
|
8500000 | |
CY2024Q1 | us-gaap |
Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
|
11300000 | |
CY2023Q2 | us-gaap |
Restructuring Charges
RestructuringCharges
|
3100000 | |
CY2023Q2 | us-gaap |
Other Restructuring Costs
OtherRestructuringCosts
|
100000 | |
CY2023Q2 | us-gaap |
Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
|
3200000 | |
CY2023Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
21700000 | |
CY2024Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
2800000 | |
CY2024Q1 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
9600000 | |
CY2024Q1 | fbin |
Non Cash Writeoffs
NonCashWriteoffs
|
-400000 | |
CY2024Q1 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
14500000 | |
CY2022Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
29700000 | |
CY2023Q2 | us-gaap |
Restructuring Charges
RestructuringCharges
|
3100000 | |
CY2023Q2 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
11800000 | |
CY2023Q2 | fbin |
Non Cash Writeoffs
NonCashWriteoffs
|
-12900000 | |
CY2023Q2 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
8100000 | |
CY2024Q1 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
96400000 | |
CY2023Q2 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
85600000 | |
CY2024Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
0 | |
CY2023Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-1000000 | |
CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
96400000 | |
CY2023Q2 | us-gaap |
Profit Loss
ProfitLoss
|
84600000 | |
CY2024Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.77 | |
CY2023Q2 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.67 | |
CY2023Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
-0.01 | |
CY2024Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.77 | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.66 | |
CY2024Q1 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.76 | |
CY2023Q2 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.67 | |
CY2023Q2 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
|
-0.01 | |
CY2024Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.76 | |
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.66 | |
CY2024Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
125900000 | |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
127800000 | |
CY2024Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1100000 | |
CY2023Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
700000 | |
CY2024Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
127000000 | |
CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
128500000 | |
CY2024Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
300000 | |
CY2023Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1000000 | |
CY2024Q1 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q1 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q1 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2024Q1 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |