$GTES
Gates Industrial Corp plc

2022 Q2 Form 10-Q Financial Statement

#000171851222000025 Filed on May 04, 2022

View on sec.gov

Income Statement

Concept 2022 Q2 2022 Q1 2021 Q2
Revenue $893.4M $815.6M $881.3M
YoY Change 1.37% 2.69% 52.87%
Cost Of Revenue $588.5M $528.0M $535.8M
YoY Change 9.84% 7.25% 43.65%
Gross Profit $304.9M $287.6M $345.5M
YoY Change -11.75% -4.74% 69.78%
Gross Profit Margin 34.13% 35.26% 39.2%
Selling, General & Admin $235.2M $209.3M $211.6M
YoY Change 11.15% 4.13% 15.69%
% of Gross Profit 77.14% 72.77% 61.24%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $55.10M $55.20M $55.80M
YoY Change -1.25% -0.36% 2.01%
% of Gross Profit 18.07% 19.19% 16.15%
Operating Expenses $235.2M $209.8M $211.6M
YoY Change 11.15% 4.27% 15.69%
Operating Profit $68.40M $77.80M $128.6M
YoY Change -46.81% -22.74% 3682.35%
Interest Expense $32.60M -$34.40M $34.40M
YoY Change -5.23% -23.56% 0.29%
% of Operating Profit 47.66% -44.22% 26.75%
Other Income/Expense, Net -$600.0K $300.0K $1.200M
YoY Change -150.0% -93.02% -67.57%
Pretax Income $35.20M $41.80M $95.40M
YoY Change -63.1% -6.49% -450.74%
Income Tax -$2.200M -$29.40M $18.90M
% Of Pretax Income -6.25% -70.33% 19.81%
Net Earnings $30.90M $62.70M $67.30M
YoY Change -54.09% 158.02% -400.45%
Net Earnings / Revenue 3.46% 7.69% 7.64%
Basic Earnings Per Share $0.11 $0.23
Diluted Earnings Per Share $0.10 $210.7K $0.23
COMMON SHARES
Basic Shares Outstanding 289.6M shares 291.3M shares 291.6M shares
Diluted Shares Outstanding 296.2M shares 296.4M shares

Balance Sheet

Concept 2022 Q2 2022 Q1 2021 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $406.8M $658.2M $447.4M
YoY Change -9.07% 26.24% -30.06%
Cash & Equivalents $406.8M $658.2M $447.4M
Short-Term Investments
Other Short-Term Assets $258.0M $210.7M $167.6M
YoY Change 53.94% 37.35% 23.87%
Inventory $718.3M $682.6M $536.0M
Prepaid Expenses
Receivables $790.7M $708.1M $819.5M
Other Receivables $32.80M $19.10M $28.50M
Total Short-Term Assets $2.207B $2.279B $1.999B
YoY Change 10.39% 19.52% 2.02%
LONG-TERM ASSETS
Property, Plant & Equipment $787.8M $794.5M $808.0M
YoY Change -2.5% -3.8% 2.36%
Goodwill $2.050B $2.063B $2.087B
YoY Change -1.78% -2.7% 5.27%
Intangibles $1.604B $1.642B $1.742B
YoY Change -7.96% -8.19% -2.74%
Long-Term Investments
YoY Change
Other Assets $52.60M $24.10M $19.80M
YoY Change 165.66% 45.18% 12.5%
Total Long-Term Assets $5.193B $5.254B $5.377B
YoY Change -3.44% -4.81% 3.08%
TOTAL ASSETS
Total Short-Term Assets $2.207B $2.279B $1.999B
Total Long-Term Assets $5.193B $5.254B $5.377B
Total Assets $7.399B $7.533B $7.376B
YoY Change 0.31% 1.44% 2.79%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $494.5M $506.6M $439.9M
YoY Change 12.41% 21.37% 38.42%
Accrued Expenses $237.5M $277.1M $269.5M
YoY Change -11.87% 9.87% 21.12%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $29.40M $38.10M $30.30M
YoY Change -2.97% -10.77% -52.28%
Total Short-Term Liabilities $788.5M $855.9M $756.6M
YoY Change 4.22% 17.84% 20.23%
LONG-TERM LIABILITIES
Long-Term Debt $2.573B $2.527B $2.630B
YoY Change -2.15% -5.23% -9.53%
Other Long-Term Liabilities $75.70M $59.20M $69.70M
YoY Change 8.61% -51.07% -30.78%
Total Long-Term Liabilities $2.649B $2.586B $2.700B
YoY Change -1.87% -7.22% -10.24%
TOTAL LIABILITIES
Total Short-Term Liabilities $788.5M $855.9M $756.6M
Total Long-Term Liabilities $2.649B $2.586B $2.700B
Total Liabilities $4.023B $4.052B $4.146B
YoY Change -2.98% -4.47% -4.34%
SHAREHOLDERS EQUITY
Retained Earnings $1.415B $1.438B $1.219B
YoY Change 16.09% 24.88% 12.3%
Common Stock $2.900M $2.900M $2.900M
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $121.9M $0.00
YoY Change
Treasury Stock Shares 8.000M shares
Shareholders Equity $2.995B $3.100B $2.852B
YoY Change
Total Liabilities & Shareholders Equity $7.399B $7.533B $7.376B
YoY Change 0.31% 1.44% 2.79%

Cashflow Statement

Concept 2022 Q2 2022 Q1 2021 Q2
OPERATING ACTIVITIES
Net Income $30.90M $62.70M $67.30M
YoY Change -54.09% 158.02% -400.45%
Depreciation, Depletion And Amortization $55.10M $55.20M $55.80M
YoY Change -1.25% -0.36% 2.01%
Cash From Operating Activities -$105.4M $168.9M -$24.00M
YoY Change 339.17% -6.94% -159.26%
INVESTING ACTIVITIES
Capital Expenditures $17.40M -$23.00M $18.10M
YoY Change -3.87% 5.5% -242.52%
Acquisitions
YoY Change
Other Investing Activities -$300.0K $7.600M -$200.0K
YoY Change 50.0% -461.9% -200.0%
Cash From Investing Activities -$25.00M -$15.40M -$29.20M
YoY Change -14.38% -35.56% 133.6%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $175.0M -$1.700M
YoY Change -10394.12%
Debt Paid & Issued, Net $5.300M $5.500M
YoY Change -3.64%
Cash From Financing Activities -$115.8M -34.60M -$15.10M
YoY Change 666.89% -89.26% -5.62%
NET CHANGE
Cash From Operating Activities -$105.4M 168.9M -$24.00M
Cash From Investing Activities -$25.00M -15.40M -$29.20M
Cash From Financing Activities -$115.8M -34.60M -$15.10M
Net Change In Cash -$250.9M 118.9M -$74.10M
YoY Change 238.6% -172.28% -717.5%
FREE CASH FLOW
Cash From Operating Activities -$105.4M $168.9M -$24.00M
Capital Expenditures $17.40M -$23.00M $18.10M
Free Cash Flow -$122.8M $191.9M -$42.10M
YoY Change 191.69% -5.61% -179.14%

Facts In Submission

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27100000 USD
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34100000 USD
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237500000 USD
CY2022Q1 us-gaap Accrued Liabilities Current
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277100000 USD
CY2022Q2 us-gaap Liabilities Current
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788500000 USD
CY2022Q1 us-gaap Liabilities Current
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855900000 USD
CY2022Q2 us-gaap Long Term Debt Noncurrent
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2573200000 USD
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2526500000 USD
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102500000 USD
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106200000 USD
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111900000 USD
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116400000 USD
CY2022Q2 gtes Taxes Payable Noncurrent
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103400000 USD
CY2022Q1 gtes Taxes Payable Noncurrent
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103700000 USD
CY2022Q2 us-gaap Deferred Income Tax Liabilities Net
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267700000 USD
CY2022Q1 us-gaap Deferred Income Tax Liabilities Net
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283700000 USD
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75700000 USD
CY2022Q1 us-gaap Other Liabilities Noncurrent
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59200000 USD
CY2022Q2 us-gaap Liabilities
Liabilities
4022900000 USD
CY2022Q1 us-gaap Liabilities
Liabilities
4051600000 USD
CY2022Q2 us-gaap Commitments And Contingencies
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USD
CY2022Q1 us-gaap Commitments And Contingencies
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USD
CY2022Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
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0.01
CY2022Q2 us-gaap Common Stock Shares Authorized
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3000000000 shares
CY2022Q2 us-gaap Common Stock Shares Outstanding
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288578963 shares
CY2022Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
3000000000 shares
CY2022Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
291282137 shares
CY2022Q2 us-gaap Common Stock Value
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2900000 USD
CY2022Q1 us-gaap Common Stock Value
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2900000 USD
CY2022Q2 us-gaap Profit Loss
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37300000 USD
CY2022Q2 us-gaap Additional Paid In Capital
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2504700000 USD
CY2022Q1 us-gaap Additional Paid In Capital
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2484100000 USD
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CY2022Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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CY2022Q2 us-gaap Treasury Stock Value
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121900000 USD
CY2022Q1 us-gaap Treasury Stock Value
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CY2022Q2 us-gaap Retained Earnings Accumulated Deficit
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1414800000 USD
CY2022Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1437900000 USD
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
2995100000 USD
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
3099700000 USD
CY2022Q2 us-gaap Minority Interest
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381100000 USD
CY2022Q1 us-gaap Minority Interest
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381700000 USD
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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3376200000 USD
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3481400000 USD
CY2022Q2 us-gaap Liabilities And Stockholders Equity
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7399100000 USD
CY2022Q1 us-gaap Liabilities And Stockholders Equity
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7533000000 USD
CY2021Q2 us-gaap Profit Loss
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76400000 USD
CY2022Q2 us-gaap Depreciation Depletion And Amortization
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55100000 USD
CY2021Q2 us-gaap Depreciation Depletion And Amortization
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55800000 USD
CY2022Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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CY2021Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
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CY2022Q2 us-gaap Share Based Compensation
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24100000 USD
CY2021Q2 us-gaap Share Based Compensation
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6300000 USD
CY2022Q2 us-gaap Pension And Other Postretirement Benefits Expense Reversal Of Expense Noncash
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-4600000 USD
CY2021Q2 us-gaap Pension And Other Postretirement Benefits Expense Reversal Of Expense Noncash
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-4200000 USD
CY2022Q2 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-12300000 USD
CY2021Q2 us-gaap Deferred Income Tax Expense Benefit
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-9600000 USD
CY2022Q2 us-gaap Other Operating Activities Cash Flow Statement
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3100000 USD
CY2021Q2 us-gaap Other Operating Activities Cash Flow Statement
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2000000.0 USD
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CY2021Q2 us-gaap Increase Decrease In Accounts Receivable
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131800000 USD
CY2022Q2 us-gaap Increase Decrease In Inventories
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37800000 USD
CY2021Q2 us-gaap Increase Decrease In Inventories
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36200000 USD
CY2022Q2 us-gaap Increase Decrease In Accounts Payable
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-8600000 USD
CY2021Q2 us-gaap Increase Decrease In Accounts Payable
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29200000 USD
CY2022Q2 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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24200000 USD
CY2021Q2 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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5800000 USD
CY2022Q2 us-gaap Increase Decrease In Accrued Taxes Payable
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-19500000 USD
CY2021Q2 us-gaap Increase Decrease In Accrued Taxes Payable
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7100000 USD
CY2022Q2 us-gaap Increase Decrease In Other Operating Liabilities
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-38800000 USD
CY2021Q2 us-gaap Increase Decrease In Other Operating Liabilities
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CY2022Q2 us-gaap Net Cash Provided By Used In Operating Activities
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CY2021Q2 us-gaap Net Cash Provided By Used In Operating Activities
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CY2022Q2 us-gaap Payments To Acquire Property Plant And Equipment
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17400000 USD
CY2021Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
18100000 USD
CY2022Q2 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
600000 USD
CY2021Q2 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
2100000 USD
CY2022Q2 us-gaap Payments To Acquire Life Insurance Policies
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10300000 USD
CY2021Q2 us-gaap Payments To Acquire Life Insurance Policies
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10100000 USD
CY2022Q2 us-gaap Proceeds From Life Insurance Policies
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3000000.0 USD
CY2021Q2 us-gaap Proceeds From Life Insurance Policies
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900000 USD
CY2022Q2 us-gaap Payments For Proceeds From Other Investing Activities
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-300000 USD
CY2021Q2 us-gaap Payments For Proceeds From Other Investing Activities
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-200000 USD
CY2022Q2 us-gaap Net Cash Provided By Used In Investing Activities
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CY2021Q2 us-gaap Net Cash Provided By Used In Investing Activities
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CY2022Q2 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
200000 USD
CY2021Q2 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1700000 USD
CY2022Q2 us-gaap Payments For Repurchase Of Common Stock
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175200000 USD
CY2021Q2 us-gaap Payments For Repurchase Of Common Stock
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0 USD
CY2022Q2 us-gaap Proceeds From Issuance Of Long Term Debt
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70000000.0 USD
CY2021Q2 us-gaap Proceeds From Issuance Of Long Term Debt
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0 USD
CY2022Q2 us-gaap Repayments Of Long Term Debt
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5300000 USD
CY2021Q2 us-gaap Repayments Of Long Term Debt
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5500000 USD
CY2022Q2 us-gaap Payments Of Debt Issuance Costs
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CY2021Q2 us-gaap Payments Of Debt Issuance Costs
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7800000 USD
CY2022Q2 us-gaap Proceeds From Payments For Other Financing Activities
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CY2021Q2 us-gaap Proceeds From Payments For Other Financing Activities
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CY2022Q2 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021Q2 us-gaap Net Cash Provided By Used In Financing Activities
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CY2022Q2 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021Q2 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
660900000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
524100000 USD
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
410000000.0 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
450000000.0 USD
CY2022Q2 us-gaap Interest Paid Net
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37600000 USD
CY2021Q2 us-gaap Interest Paid Net
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39800000 USD
CY2022Q2 us-gaap Income Taxes Paid Net
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29600000 USD
CY2021Q2 us-gaap Income Taxes Paid Net
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21500000 USD
CY2022Q2 us-gaap Capital Expenditures Incurred But Not Yet Paid
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500000 USD
CY2021Q2 us-gaap Capital Expenditures Incurred But Not Yet Paid
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400000 USD
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3481400000 USD
CY2022Q2 us-gaap Profit Loss
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37300000 USD
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
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12800000 USD
CY2022Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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50100000 USD
CY2022Q2 us-gaap Stock Issued During Period Value New Issues
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200000 USD
CY2022Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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1300000 USD
CY2022Q2 us-gaap Stock Repurchased During Period Value
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175900000 USD
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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21700000 USD
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3376200000 USD
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3185000000 USD
CY2021Q2 us-gaap Profit Loss
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76400000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2021Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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38700000 USD
CY2021Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1700000 USD
CY2021Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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700000 USD
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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5300000 USD
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3230000000 USD
CY2022Q2 us-gaap Fiscal Period
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Accounting periodsThe Company prepares its annual consolidated financial statements for the period ending on the Saturday nearest December 31. Accordingly, the condensed consolidated balance sheet is presented as of April 2, 2022 and January 1, 2022 and the related condensed consolidated statements of operations, comprehensive income, cash flows, and shareholders’ equity are presented, where relevant, for the 91 day period from January 2, 2022 to April 2, 2022, with comparative information for the 91 day period from January 3, 2021 to April 3, 2021.
CY2022Q2 us-gaap Trade Receivables Held For Sale Amount
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105400000 USD
CY2022Q2 gtes Costs Related To The Sales Of Accounts Receivables
CostsRelatedToTheSalesOfAccountsReceivables
600000 USD
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
893400000 USD
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
881300000 USD
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
893400000 USD
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
881300000 USD
CY2022Q2 gtes Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
156800000 USD
CY2021Q2 gtes Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
196300000 USD
CY2022Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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37400000 USD
CY2021Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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76500000 USD
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2200000 USD
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
18900000 USD
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
35200000 USD
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
95400000 USD
CY2022Q2 us-gaap Interest Expense
InterestExpense
32600000 USD
CY2021Q2 us-gaap Interest Expense
InterestExpense
34400000 USD
CY2022Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-600000 USD
CY2021Q2 us-gaap Other Nonoperating Income Expense
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1200000 USD
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
68400000 USD
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
128600000 USD
CY2022Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
55100000 USD
CY2021Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
55800000 USD
CY2022Q2 us-gaap Business Combination Acquisition Related Costs
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800000 USD
CY2021Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
2400000 USD
CY2022Q2 gtes Restructuring Charges Including Adjustments
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500000 USD
CY2021Q2 gtes Restructuring Charges Including Adjustments
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2900000 USD
CY2022Q2 us-gaap Share Based Compensation
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24100000 USD
CY2021Q2 us-gaap Share Based Compensation
ShareBasedCompensation
6300000 USD
CY2022Q2 gtes Nonrecurring Income Expense Inventory Adjustments
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7600000 USD
CY2021Q2 gtes Nonrecurring Income Expense Inventory Adjustments
NonrecurringIncomeExpenseInventoryAdjustments
0 USD
CY2022Q2 gtes Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
156800000 USD
CY2021Q2 gtes Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
196300000 USD
CY2022Q2 us-gaap Restructuring Charges
RestructuringCharges
500000 USD
CY2021Q2 us-gaap Restructuring Charges
RestructuringCharges
2900000 USD
CY2022Q2 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
300000 USD
CY2021Q2 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
300000 USD
CY2022Q2 us-gaap Restructuring Charges
RestructuringCharges
500000 USD
CY2021Q2 us-gaap Restructuring Charges
RestructuringCharges
2900000 USD
CY2022Q1 us-gaap Restructuring Reserve
RestructuringReserve
6500000 USD
CY2021Q1 us-gaap Restructuring Reserve
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17900000 USD
CY2022Q2 us-gaap Payments For Restructuring
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2300000 USD
CY2021Q2 us-gaap Payments For Restructuring
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7000000.0 USD
CY2022Q2 gtes Net Restructuring Charges
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500000 USD
CY2021Q2 gtes Net Restructuring Charges
NetRestructuringCharges
3800000 USD
CY2022Q2 us-gaap Restructuring Reserve Accrual Adjustment1
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0 USD
CY2021Q2 us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
-900000 USD
CY2022Q2 us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
200000 USD
CY2021Q2 us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
600000 USD
CY2022Q2 us-gaap Restructuring Reserve
RestructuringReserve
4500000 USD
CY2021Q2 us-gaap Restructuring Reserve
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13200000 USD
CY2022Q2 us-gaap Income Tax Expense Benefit
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-2200000 USD
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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35200000 USD
CY2022Q2 us-gaap Effective Income Tax Rate Continuing Operations
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-0.063
CY2021Q2 us-gaap Income Tax Expense Benefit
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18900000 USD
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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95400000 USD
CY2021Q2 us-gaap Effective Income Tax Rate Continuing Operations
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0.198
CY2022Q2 us-gaap Other Tax Expense Benefit
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-10700000 USD
CY2022Q2 us-gaap Net Income Loss
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30900000 USD
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
67300000 USD
CY2022Q2 us-gaap Weighted Average Number Of Shares Issued Basic
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290448906 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
291166994 shares
CY2022Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
5789306 shares
CY2021Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
5196273 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
296238212 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
296363267 shares
CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4683085 shares
CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4387520 shares
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.11
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.23
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.10
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.23
CY2022Q2 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
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211800000 USD
CY2022Q1 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
199600000 USD
CY2022Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
49400000 USD
CY2022Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
43400000 USD
CY2022Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
457100000 USD
CY2022Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
439600000 USD
CY2022Q2 us-gaap Inventory Net
InventoryNet
718300000 USD
CY2022Q1 us-gaap Inventory Net
InventoryNet
682600000 USD
CY2022Q1 us-gaap Goodwill
Goodwill
2063000000 USD
CY2022Q2 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-13100000 USD
CY2022Q2 us-gaap Goodwill
Goodwill
2049900000 USD
CY2022Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
2209100000 USD
CY2022Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1075000000 USD
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1134100000 USD
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FiniteLivedIntangibleAssetsGross
2220400000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1047600000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1172800000 USD
CY2022Q2 gtes Indefinite Lived Intangible Assets Excluding Goodwill Gross
IndefiniteLivedIntangibleAssetsExcludingGoodwillGross
513400000 USD
CY2022Q2 gtes Indefinite Lived Intangible Assets Excluding Goodwill Impaired Accumulated Impairment Loss
IndefiniteLivedIntangibleAssetsExcludingGoodwillImpairedAccumulatedImpairmentLoss
44000000.0 USD
CY2022Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
469400000 USD
CY2022Q1 gtes Indefinite Lived Intangible Assets Excluding Goodwill Gross
IndefiniteLivedIntangibleAssetsExcludingGoodwillGross
513400000 USD
CY2022Q1 gtes Indefinite Lived Intangible Assets Excluding Goodwill Impaired Accumulated Impairment Loss
IndefiniteLivedIntangibleAssetsExcludingGoodwillImpairedAccumulatedImpairmentLoss
44000000.0 USD
CY2022Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
469400000 USD
CY2022Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
2722500000 USD
CY2022Q2 gtes Intangible Assets Excluding Goodwill Accumulated Amortization And Impairment Loss
IntangibleAssetsExcludingGoodwillAccumulatedAmortizationAndImpairmentLoss
1119000000 USD
CY2022Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1603500000 USD
CY2022Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
2733800000 USD
CY2022Q1 gtes Intangible Assets Excluding Goodwill Accumulated Amortization And Impairment Loss
IntangibleAssetsExcludingGoodwillAccumulatedAmortizationAndImpairmentLoss
1091600000 USD
CY2022Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1642200000 USD
CY2022Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
33000000 USD
CY2021Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
33400000 USD
CY2022Q2 us-gaap Finite Lived Intangible Assets Foreign Currency Translation Gain Loss
FiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
-6500000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Foreign Currency Translation Gain Loss
FiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
-15000000 USD
CY2022Q2 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
-7900000 USD
CY2022Q1 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
-51400000 USD
CY2022Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2624000000 USD
CY2022Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2579200000 USD
CY2022Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
29800000 USD
CY2022Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
31500000 USD
CY2022Q2 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
8400000 USD
CY2022Q1 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
16900000 USD
CY2022Q2 us-gaap Long Term Debt
LongTermDebt
2602600000 USD
CY2022Q1 us-gaap Long Term Debt
LongTermDebt
2564600000 USD
CY2022Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
29400000 USD
CY2022Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
38100000 USD
CY2022Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2573200000 USD
CY2022Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2526500000 USD
CY2022Q2 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
900000 USD
CY2021Q2 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
1100000 USD
CY2022Q2 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
4300000 USD
CY2021Q2 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
3700000 USD
CY2022Q2 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
5700000 USD
CY2021Q2 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
4900000 USD
CY2022Q2 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
200000 USD
CY2021Q2 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
0 USD
CY2022Q2 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
-700000 USD
CY2021Q2 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
-100000 USD
CY2022Q2 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
3200000 USD
CY2021Q2 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
4200000 USD
CY2022Q2 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
24100000 USD
CY2021Q2 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
6300000 USD
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
18403784 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
9.63
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
62055 shares
CY2022Q2 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
15.76
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
42562 shares
CY2022Q2 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
14.06
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
9410 shares
CY2022Q2 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
15.53
CY2022Q2 gtes Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Net Of Amounts Settled In Shares
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodNetOfAmountsSettledInShares
21992 shares
CY2022Q2 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
12.89
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
18391875 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
9.63
CY2022Q2 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
200000 USD
CY2021Q2 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1700000 USD
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
2628383 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
14.99
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
1697592 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
16.13
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
159056 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
20.31
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
832516 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
14.04
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
3334403 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
15.55
CY2022Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
291282137 shares
CY2021Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
290853067 shares
CY2022Q2 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
17828 shares
CY2021Q2 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
216006 shares
CY2022Q2 gtes Vesting Of Restricted Shares And Stock Units Shares
VestingOfRestrictedSharesAndStockUnitsShares
744915 shares
CY2021Q2 gtes Vesting Of Restricted Shares And Stock Units Shares
VestingOfRestrictedSharesAndStockUnitsShares
529909 shares
CY2022Q2 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
3465917 shares
CY2021Q2 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0 shares
CY2022Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
288578963 shares
CY2021Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
291598982 shares
CY2022Q2 gtes Number Of Classes Of Stock
NumberOfClassesOfStock
1 class
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2021Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
200000000 USD
CY2022Q2 gtes Stock Repurchased During Period Shares Gross
StockRepurchasedDuringPeriodSharesGross
11465917 shares
CY2022Q2 gtes Stock Repurchased During Period Gross Value
StockRepurchasedDuringPeriodGrossValue
174700000 USD
CY2022Q2 gtes Share Repurchase Additional Costs Incurred
ShareRepurchaseAdditionalCostsIncurred
1200000 USD
CY2022Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
8000000 shares
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-9300000 USD
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
12800000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-39800000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-37700000 USD
CY2022Q2 us-gaap Guaranty Liabilities
GuarantyLiabilities
8700000 USD
CY2022Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
41900000 USD
CY2022Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
45300000 USD
CY2022Q1 us-gaap Guaranty Liabilities
GuarantyLiabilities
6300000 USD
CY2022Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
18700000 USD
CY2021Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
19800000 USD
CY2022Q2 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
3400000 USD
CY2021Q2 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
2500000 USD
CY2022Q2 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
2800000 USD
CY2021Q2 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
2400000 USD
CY2022Q2 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-1500000 USD
CY2021Q2 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-500000 USD
CY2022Q2 us-gaap Standard Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardProductWarrantyAccrualForeignCurrencyTranslationGainLoss
100000 USD
CY2021Q2 us-gaap Standard Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardProductWarrantyAccrualForeignCurrencyTranslationGainLoss
0 USD
CY2022Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
17700000 USD
CY2021Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
19400000 USD

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