2018 Form 10-K Financial Statement

#000141739818000043 Filed on November 13, 2018

View on sec.gov

Income Statement

Concept 2018 2017 Q3 2017 Q2
Revenue $1.770B $442.9M $395.9M
YoY Change 11.31% 3.31% 6.71%
Cost Of Revenue $1.128B $278.9M $243.5M
YoY Change 12.87% 2.35% 7.03%
Gross Profit $642.1M $164.3M $152.4M
YoY Change 8.68% 5.19% 6.2%
Gross Profit Margin 36.27% 37.1% 38.49%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development $11.70M
YoY Change -1.68%
% of Gross Profit 1.82%
Depreciation & Amortization $56.50M $14.50M $13.50M
YoY Change -0.18% 2.11% -5.59%
% of Gross Profit 8.8% 8.83% 8.86%
Operating Expenses $378.9M $95.40M $86.30M
YoY Change 10.31% 0.0% -1.03%
Operating Profit $263.2M $68.90M $66.10M
YoY Change 6.43% 13.32% 17.41%
Interest Expense $23.30M -$7.000M $6.500M
YoY Change -7.54% 20.69% -1.52%
% of Operating Profit 8.85% -10.16% 9.83%
Other Income/Expense, Net $200.0K -$500.0K -$1.100M
YoY Change -104.35% 25.0% 266.67%
Pretax Income $146.5M $59.60M $51.20M
YoY Change -22.2% 13.09% 21.33%
Income Tax $65.30M $21.70M $16.60M
% Of Pretax Income 44.57% 36.41% 32.42%
Net Earnings $81.20M $38.20M $34.60M
YoY Change -36.76% 6.11% 10.54%
Net Earnings / Revenue 4.59% 8.62% 8.74%
Basic Earnings Per Share $1.21 $0.60 $0.52
Diluted Earnings Per Share $1.20 $0.60 $0.52
COMMON SHARES
Basic Shares Outstanding 63.10M shares 63.03M shares 63.40M shares
Diluted Shares Outstanding 63.80M shares 63.90M shares

Balance Sheet

Concept 2018 2017 Q3 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $56.00M $66.00M $71.50M
YoY Change -15.15% 26.92% 50.21%
Cash & Equivalents $56.00M $66.00M $71.50M
Short-Term Investments
Other Short-Term Assets $43.30M $16.50M $19.40M
YoY Change -3.13% -26.01% 8.99%
Inventory $172.5M $151.6M $159.3M
Prepaid Expenses $28.20M $26.80M
Receivables $338.8M $331.3M $332.5M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $610.6M $593.6M $609.5M
YoY Change 2.86% -1.12% 8.3%
LONG-TERM ASSETS
Property, Plant & Equipment $142.0M $150.4M $147.6M
YoY Change -5.59% -1.38% -4.4%
Goodwill $647.5M $639.1M
YoY Change 2.08% 0.52%
Intangibles $523.9M $524.3M
YoY Change -3.25% -4.39%
Long-Term Investments
YoY Change
Other Assets $42.80M $41.10M $33.60M
YoY Change 4.14% 32.15% -12.27%
Total Long-Term Assets $1.254B $1.363B $1.345B
YoY Change -7.99% 0.26% -2.35%
TOTAL ASSETS
Total Short-Term Assets $610.6M $593.6M $609.5M
Total Long-Term Assets $1.254B $1.363B $1.345B
Total Assets $1.865B $1.957B $1.954B
YoY Change -4.7% -0.16% 0.74%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $196.8M $158.0M $141.7M
YoY Change 24.56% 16.43% 25.73%
Accrued Expenses $197.8M $199.2M $161.1M
YoY Change -0.7% 46.58% 28.37%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $18.80M $16.90M
YoY Change -100.0% 36.23% 36.29%
Total Short-Term Liabilities $531.7M $511.7M $437.7M
YoY Change 3.91% 17.98% 9.12%
LONG-TERM LIABILITIES
Long-Term Debt $344.6M $446.9M $578.4M
YoY Change -22.89% -24.9% -7.4%
Other Long-Term Liabilities $167.8M $26.70M $28.10M
YoY Change 7.36% -9.18% -6.95%
Total Long-Term Liabilities $512.4M $473.6M $606.5M
YoY Change -15.05% -24.16% -7.38%
TOTAL LIABILITIES
Total Short-Term Liabilities $531.7M $511.7M $437.7M
Total Long-Term Liabilities $512.4M $473.6M $606.5M
Total Liabilities $1.134B $1.191B $1.243B
YoY Change -5.94% -9.36% -4.64%
SHAREHOLDERS EQUITY
Retained Earnings $507.1M $481.9M
YoY Change 17.03% 17.54%
Common Stock $349.9M $348.0M
YoY Change 0.34% -0.68%
Preferred Stock
YoY Change
Treasury Stock (at cost) $24.40M $27.20M
YoY Change 22.61% 30.77%
Treasury Stock Shares 700.0K shares 800.0K shares
Shareholders Equity $731.1M $751.4M $696.1M
YoY Change
Total Liabilities & Shareholders Equity $1.865B $1.957B $1.954B
YoY Change -4.7% -0.16% 0.74%

Cashflow Statement

Concept 2018 2017 Q3 2017 Q2
OPERATING ACTIVITIES
Net Income $81.20M $38.20M $34.60M
YoY Change -36.76% 6.11% 10.54%
Depreciation, Depletion And Amortization $56.50M $14.50M $13.50M
YoY Change -0.18% 2.11% -5.59%
Cash From Operating Activities $248.3M $142.5M $83.90M
YoY Change 0.85% 193.81% -18.15%
INVESTING ACTIVITIES
Capital Expenditures -$27.00M -$7.800M -$5.100M
YoY Change 22.73% 39.29% -21.54%
Acquisitions $0.00
YoY Change
Other Investing Activities $100.0K $6.600M -$200.0K
YoY Change -75.0% 83.33% -200.0%
Cash From Investing Activities -$23.10M -$1.200M -$5.300M
YoY Change 71.11% -40.0% -15.87%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $61.00M
YoY Change 117.86%
Debt Paid & Issued, Net $148.5M
YoY Change 1000.0%
Cash From Financing Activities -232.5M -142.6M -59.70M
YoY Change 8.09% 237.91% -34.18%
NET CHANGE
Cash From Operating Activities 248.3M 142.5M 83.90M
Cash From Investing Activities -23.10M -1.200M -5.300M
Cash From Financing Activities -232.5M -142.6M -59.70M
Net Change In Cash -7.300M -1.300M 18.90M
YoY Change -141.48% -130.23% 243.64%
FREE CASH FLOW
Cash From Operating Activities $248.3M $142.5M $83.90M
Capital Expenditures -$27.00M -$7.800M -$5.100M
Free Cash Flow $275.3M $150.3M $89.00M
YoY Change 2.65% 177.82% -18.35%

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CY2017Q3 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
184700000 USD
CY2018Q3 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
154800000 USD
CY2017Q3 us-gaap Deferred Revenue Current
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132300000 USD
CY2018Q3 us-gaap Deferred Revenue Current
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125900000 USD
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
5000000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
500000 USD
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DeferredTaxAssetsGross
115800000 USD
CY2018Q3 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
83700000 USD
CY2017Q3 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
3100000 USD
CY2018Q3 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
2000000 USD
CY2017Q3 us-gaap Deferred Tax Assets Net
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112700000 USD
CY2018Q3 us-gaap Deferred Tax Assets Net
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81900000 USD
CY2017Q3 us-gaap Deferred Tax Assets Net Noncurrent
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3700000 USD
CY2018Q3 us-gaap Deferred Tax Assets Net Noncurrent
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3500000 USD
CY2018Q3 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
35000000 USD
CY2017Q3 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
12600000 USD
CY2018Q3 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
8500000 USD
CY2018Q3 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
2300000 USD
CY2017Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
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46000000 USD
CY2018Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
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29000000 USD
CY2017Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
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4600000 USD
CY2018Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
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2500000 USD
CY2017Q3 us-gaap Deferred Tax Assets Valuation Allowance
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3100000 USD
CY2018Q3 us-gaap Deferred Tax Assets Valuation Allowance
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1800000 USD
CY2017Q3 us-gaap Deferred Tax Liabilities
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72000000 USD
CY2018Q3 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
72900000 USD
CY2017Q3 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
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134900000 USD
CY2018Q3 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
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105300000 USD
CY2017Q3 us-gaap Deferred Tax Liabilities Noncurrent
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75700000 USD
CY2018Q3 us-gaap Deferred Tax Liabilities Noncurrent
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76400000 USD
CY2017Q3 us-gaap Deferred Tax Liabilities Other
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5100000 USD
CY2018Q3 us-gaap Deferred Tax Liabilities Other
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1800000 USD
CY2017Q3 us-gaap Deferred Tax Liabilities Prepaid Expenses
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28900000 USD
CY2018Q3 us-gaap Deferred Tax Liabilities Prepaid Expenses
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38900000 USD
CY2017Q3 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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11600000 USD
CY2018Q3 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
8300000 USD
CY2017Q3 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
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4200000 USD
CY2018Q3 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
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500000 USD
CY2017Q3 us-gaap Defined Benefit Plan Funded Status Of Plan
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-102000000 USD
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9900000 USD
CY2017 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
11400000 USD
CY2018 us-gaap Defined Contribution Plan Cost Recognized
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11300000 USD
CY2016 us-gaap Depreciation
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25600000 USD
CY2017 us-gaap Depreciation
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25400000 USD
CY2018 us-gaap Depreciation
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23400000 USD
CY2016 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
60400000 USD
CY2017 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
56600000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
56500000 USD
CY2016 us-gaap Dividends Common Stock
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52600000 USD
CY2017 us-gaap Dividends Common Stock
DividendsCommonStock
53700000 USD
CY2018 us-gaap Dividends Common Stock
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57500000 USD
CY2017Q3 us-gaap Due From Affiliates
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0 USD
CY2018Q3 us-gaap Due From Affiliates
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0 USD
CY2017Q3 us-gaap Due To Affiliate Current And Noncurrent
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0 USD
CY2018Q3 us-gaap Due To Affiliate Current And Noncurrent
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0 USD
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1.78
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0.34
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0.52
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0.52
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0.60
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1.99
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0.28
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-0.34
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0.57
CY2018Q3 us-gaap Earnings Per Share Basic
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0.71
CY2018 us-gaap Earnings Per Share Basic
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1.21
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1.77
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0.34
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EarningsPerShareDiluted
0.52
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EarningsPerShareDiluted
0.52
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.60
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.97
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0.28
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-0.34
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EarningsPerShareDiluted
0.56
CY2018Q3 us-gaap Earnings Per Share Diluted
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0.70
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.20
CY2016 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
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-2600000 USD
CY2017 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
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-3600000 USD
CY2018 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
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-2700000 USD
CY2016 us-gaap Effective Income Tax Rate Continuing Operations
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0.288
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.318
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
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0.446
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.245
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0.017
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.013
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.007
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0.000
CY2017 us-gaap Effective Income Tax Rate Reconciliation Deductions
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CY2018 us-gaap Effective Income Tax Rate Reconciliation Deductions
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0.017
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0.019
CY2017 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
0.003
CY2018 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
0.012
CY2016 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.067
CY2017 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.058
CY2018 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.006
CY2016 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
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0.0 Rate
CY2017 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
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0.0 Rate
CY2018 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
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0.1 Rate
CY2016 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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-0.015
CY2017 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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-0.011
CY2018 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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-0.016
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0.002
CY2017 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.010
CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.018
CY2016 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings
0.0 Rate
CY2017 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings
0.0 Rate
CY2018 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings
0.2 Rate
CY2016 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.020
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.016
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.024
CY2016 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
0.0 Rate
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
0.0 Rate
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
0.0 Rate
CY2017Q3 us-gaap Employee Related Liabilities Current
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66900000 USD
CY2018Q3 us-gaap Employee Related Liabilities Current
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71900000 USD
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3100000 USD
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
3800000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
2900000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
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5400000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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207600000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
242800000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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32100000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
28800000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
29200000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
30400000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
31500000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
598100000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
602500000 USD
CY2016 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
300000 USD
CY2017 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-1400000 USD
CY2018 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-1200000 USD
CY2016 us-gaap Gain Loss On Disposition Of Assets
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-300000 USD
CY2017 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
4600000 USD
CY2018 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-700000 USD
CY2016Q3 us-gaap Goodwill
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634300000 USD
CY2017Q3 us-gaap Goodwill
Goodwill
647500000 USD
CY2018Q3 us-gaap Goodwill
Goodwill
581900000 USD
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0 USD
CY2017 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 USD
CY2018 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
63400000 USD
CY2017 us-gaap Goodwill Foreign Currency Translation Gain Loss
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14100000 USD
CY2018 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-6800000 USD
CY2016 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2017 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2018 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
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CY2017 us-gaap Goodwill Purchase Accounting Adjustments
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-900000 USD
CY2016 us-gaap Gross Profit
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570600000 USD
CY2016Q4 us-gaap Gross Profit
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126000000 USD
CY2017Q1 us-gaap Gross Profit
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148600000 USD
CY2017Q2 us-gaap Gross Profit
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152400000 USD
CY2017Q3 us-gaap Gross Profit
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164300000 USD
CY2017 us-gaap Gross Profit
GrossProfit
591300000 USD
CY2017Q4 us-gaap Gross Profit
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146300000 USD
CY2018Q1 us-gaap Gross Profit
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168700000 USD
CY2018Q2 us-gaap Gross Profit
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163700000 USD
CY2018Q3 us-gaap Gross Profit
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164200000 USD
CY2018 us-gaap Gross Profit
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642900000 USD
CY2016 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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2200000 USD
CY2017 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 USD
CY2018Q2 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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4600000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
99300000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
108200000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
33700000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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164100000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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188300000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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146500000 USD
CY2018 us-gaap Interest Paid Net
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20700000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
64800000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
80100000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
112800000 USD
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
300000 USD
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-400000 USD
CY2018 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2016 us-gaap Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
164100000 USD
CY2017 us-gaap Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
188300000 USD
CY2018 us-gaap Income Loss From Subsidiaries Before Tax
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146500000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
47300000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
59900000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
65300000 USD
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48000000 USD
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
18200000 USD
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
38900000 USD
CY2016 us-gaap Increase Decrease In Accounts And Other Receivables
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-9700000 USD
CY2017 us-gaap Increase Decrease In Accounts And Other Receivables
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-10700000 USD
CY2018 us-gaap Increase Decrease In Accounts And Other Receivables
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13000000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable Trade
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30200000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable Trade
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17200000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable Trade
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41600000 USD
CY2016 us-gaap Increase Decrease In Accrued Income Taxes Payable
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3800000 USD
CY2017 us-gaap Increase Decrease In Accrued Income Taxes Payable
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4800000 USD
CY2018 us-gaap Increase Decrease In Accrued Income Taxes Payable
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23000000 USD
CY2016 us-gaap Increase Decrease In Inventories
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-11300000 USD
CY2017 us-gaap Increase Decrease In Inventories
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-5400000 USD
CY2018 us-gaap Increase Decrease In Inventories
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24000000 USD
CY2016 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
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-10700000 USD
CY2017 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
64600000 USD
CY2018 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
5800000 USD
CY2016 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-5500000 USD
CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
6200000 USD
CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
100000 USD
CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
500000 shares
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
400000 shares
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
700000 shares
CY2017Q3 us-gaap Intangible Assets Gross Excluding Goodwill
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731500000 USD
CY2018Q3 us-gaap Intangible Assets Gross Excluding Goodwill
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730100000 USD
CY2017Q3 us-gaap Intangible Assets Net Excluding Goodwill
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523900000 USD
CY2018Q3 us-gaap Intangible Assets Net Excluding Goodwill
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487300000 USD
CY2016 us-gaap Interest Expense
InterestExpense
25300000 USD
CY2017 us-gaap Interest Expense
InterestExpense
25200000 USD
CY2018 us-gaap Interest Expense
InterestExpense
23300000 USD
CY2016 us-gaap Interest Paid Net
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22700000 USD
CY2017 us-gaap Interest Paid Net
InterestPaidNet
20300000 USD
CY2017Q3 us-gaap Inventory Finished Goods
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43600000 USD
CY2018Q3 us-gaap Inventory Finished Goods
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59500000 USD
CY2017Q3 us-gaap Inventory Lifo Reserve
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15000000 USD
CY2018Q3 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
15700000 USD
CY2017Q3 us-gaap Inventory Net
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151600000 USD
CY2018Q3 us-gaap Inventory Net
InventoryNet
172500000 USD
CY2017Q3 us-gaap Inventory Raw Materials And Supplies
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52600000 USD
CY2018Q3 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
68300000 USD
CY2017Q3 us-gaap Inventory Work In Process
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55400000 USD
CY2018Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
44700000 USD
CY2016 us-gaap Investment Income Interest
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1200000 USD
CY2017 us-gaap Investment Income Interest
InvestmentIncomeInterest
900000 USD
CY2018 us-gaap Investment Income Interest
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1400000 USD
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0 USD
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CY2018Q3 us-gaap Liabilities And Stockholders Equity
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95700000 USD
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0 USD
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150000000 USD
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21600000 USD
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246200000 USD
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35900000 USD
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200000 USD
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24900000 USD
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48800000 USD
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13100000 USD
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1300000 USD
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4700000 USD
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21200000 USD
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22000000 USD
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3000000 USD
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15800000 USD
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700000 shares
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500000 shares
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200000000 USD
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100000000 USD
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100000000 USD
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39600000 USD
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765900000 USD
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744100000 USD
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700000 shares
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7800000 USD
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7700000 USD
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9900000 USD
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12100000 USD
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2000000 USD
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1500000 USD
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600000 USD
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700000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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300000 USD
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1700000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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3400000 USD
CY2018Q3 us-gaap Treasury Stock Shares
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1600000 shares
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24400000 USD
CY2018Q3 us-gaap Treasury Stock Value
TreasuryStockValue
67100000 USD
CY2016 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
21200000 USD
CY2017 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
28000000 USD
CY2018 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
61000000 USD
CY2017Q3 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
241200000 USD
CY2018Q3 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
321700000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
400000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
300000 USD
CY2017Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
1300000 USD
CY2018Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
2000000 USD
CY2017 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
700000 USD
CY2018 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
900000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
200000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
2800000 USD
CY2017Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
9900000 USD
CY2018Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
12100000 USD
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
63800000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
64000000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
63800000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
63300000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
63600000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
63100000 shares
CY2018 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;text-decoration:underline;">Use of estimates</font><font style="font-family:inherit;font-size:10pt;"> &#8212; We prepared the consolidated financial statements in conformity with accounting principles generally accepted in the U.S. (&#8220;GAAP&#8221;).&#160; GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.&#160; Actual results could differ from those estimates.</font></div></div>

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