2020 Q3 Form 10-K Financial Statement

#000085973720000039 Filed on November 17, 2020

View on sec.gov

Income Statement

Concept 2020 Q3 2019 Q3 2019 Q2
Revenue $1.347B $865.8M $852.4M
YoY Change 55.58% 6.43% 3.45%
Cost Of Revenue $415.1M $412.3M $235.8M
YoY Change 0.68% 5.07% 4.29%
Gross Profit $931.8M $249.5M $444.8M
YoY Change 273.47% -40.75% 2.02%
Gross Profit Margin 69.18% 28.82% 52.18%
Selling, General & Admin $221.3M $225.6M $223.5M
YoY Change -1.91% -10.33% -1.72%
% of Gross Profit 23.75% 90.42% 50.25%
Research & Development $57.00M $60.40M $61.40M
YoY Change -5.63% 14.61% 12.87%
% of Gross Profit 6.12% 24.21% 13.8%
Depreciation & Amortization $94.30M $113.4M $113.3M
YoY Change -16.84% -4.79% -5.98%
% of Gross Profit 10.12% 45.45% 25.47%
Operating Expenses $288.5M $297.9M $299.5M
YoY Change -3.16% -6.67% -1.12%
Operating Profit $643.3M -$48.40M $145.3M
YoY Change -1429.13% -147.5% 9.17%
Interest Expense -$24.70M -$30.90M $35.10M
YoY Change -20.06% -4.63% 1.74%
% of Operating Profit -3.84% 24.16%
Other Income/Expense, Net $9.000M -$5.300M $2.900M
YoY Change -269.81% -212.77% -44.23%
Pretax Income $617.1M -$122.7M $114.3M
YoY Change -602.93% -272.09% 8.55%
Income Tax $123.5M $800.0K $20.40M
% Of Pretax Income 20.01% 17.85%
Net Earnings $493.5M -$123.5M $93.90M
YoY Change -499.6% -344.55% -16.83%
Net Earnings / Revenue 36.64% -14.26% 11.02%
Basic Earnings Per Share $0.35
Diluted Earnings Per Share $1.88 -$0.46 $0.35
COMMON SHARES
Basic Shares Outstanding 259.0M shares 267.3M shares 268.9M shares
Diluted Shares Outstanding 270.8M shares

Balance Sheet

Concept 2020 Q3 2019 Q3 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $701.0M $602.0M $428.0M
YoY Change 16.45% -9.75% -25.57%
Cash & Equivalents $701.0M $601.8M $427.9M
Short-Term Investments
Other Short-Term Assets $97.00M $98.00M $109.0M
YoY Change -1.02% 5.38% 11.22%
Inventory $395.1M $444.9M $467.9M
Prepaid Expenses $58.50M $62.80M $66.00M
Receivables $1.029B $648.7M $586.8M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.222B $1.793B $1.592B
YoY Change 23.94% 4.06% -0.23%
LONG-TERM ASSETS
Property, Plant & Equipment $491.5M $470.9M $469.8M
YoY Change 4.37% -1.53% 1.8%
Goodwill $2.658B $2.564B $2.566B
YoY Change 3.67% 1.2% 2.93%
Intangibles $1.308B $1.460B $1.788B
YoY Change -10.43% -39.14% -26.99%
Long-Term Investments
YoY Change
Other Assets $516.6M $154.6M $106.5M
YoY Change 234.15% 58.24% 15.64%
Total Long-Term Assets $4.974B $4.649B $4.931B
YoY Change 6.98% -15.59% -10.29%
TOTAL ASSETS
Total Short-Term Assets $2.222B $1.793B $1.592B
Total Long-Term Assets $4.974B $4.649B $4.931B
Total Assets $7.196B $6.442B $6.522B
YoY Change 11.7% -10.91% -8.02%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $178.8M $186.5M $161.5M
YoY Change -4.13% -2.97% -3.47%
Accrued Expenses $547.6M $430.9M $419.3M
YoY Change 27.08% -1.19% 14.91%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $324.9M $271.4M $262.0M
YoY Change 19.71% -54.74% -50.11%
Total Short-Term Liabilities $1.239B $1.070B $1.015B
YoY Change 15.81% -23.71% -17.81%
LONG-TERM LIABILITIES
Long-Term Debt $2.714B $2.784B $2.792B
YoY Change -2.5% 2.92% 2.56%
Other Long-Term Liabilities $303.2M $162.4M $150.9M
YoY Change 86.7% 3.05% 0.87%
Total Long-Term Liabilities $3.017B $2.946B $2.943B
YoY Change 2.41% 2.93% 2.47%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.239B $1.070B $1.015B
Total Long-Term Liabilities $3.017B $2.946B $2.943B
Total Liabilities $4.256B $4.016B $3.958B
YoY Change 5.98% -5.83% -3.63%
SHAREHOLDERS EQUITY
Retained Earnings -$1.573B -$2.689B -$2.565B
YoY Change -41.49% 7.81% 0.81%
Common Stock $2.900M $2.900M $2.900M
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.580B $926.0M $926.0M
YoY Change 70.58% 27.57% 45.28%
Treasury Stock Shares 37.61M shares 24.64M shares 23.52M shares
Shareholders Equity $2.705B $2.116B $2.217B
YoY Change
Total Liabilities & Shareholders Equity $7.196B $6.442B $6.522B
YoY Change 11.7% -10.91% -8.02%

Cashflow Statement

Concept 2020 Q3 2019 Q3 2019 Q2
OPERATING ACTIVITIES
Net Income $493.5M -$123.5M $93.90M
YoY Change -499.6% -344.55% -16.83%
Depreciation, Depletion And Amortization $94.30M $113.4M $113.3M
YoY Change -16.84% -4.79% -5.98%
Cash From Operating Activities $442.0M $247.7M $163.7M
YoY Change 78.44% 6.58% -30.04%
INVESTING ACTIVITIES
Capital Expenditures -$58.30M -$31.40M -$30.30M
YoY Change 85.67% -2.18% 22.67%
Acquisitions
YoY Change
Other Investing Activities -$79.60M -$49.40M -$2.500M
YoY Change 61.13% -34.48% 47.06%
Cash From Investing Activities -$137.9M -$80.80M -$32.80M
YoY Change 70.67% -24.84% 24.24%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -350.9M 9.200M -104.5M
YoY Change -3914.13% -132.97% -56.73%
NET CHANGE
Cash From Operating Activities 442.0M 247.7M 163.7M
Cash From Investing Activities -137.9M -80.80M -32.80M
Cash From Financing Activities -350.9M 9.200M -104.5M
Net Change In Cash -46.80M 176.1M 26.40M
YoY Change -126.58% 81.55% -177.88%
FREE CASH FLOW
Cash From Operating Activities $442.0M $247.7M $163.7M
Capital Expenditures -$58.30M -$31.40M -$30.30M
Free Cash Flow $500.3M $279.1M $194.0M
YoY Change 79.25% 5.52% -25.01%

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250000000.0 USD
CY2019 us-gaap Repayments Of Accounts Receivable Securitization
RepaymentsOfAccountsReceivableSecuritization
34000000.0 USD
CY2018 us-gaap Repayments Of Accounts Receivable Securitization
RepaymentsOfAccountsReceivableSecuritization
9000000.0 USD
CY2020 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
1800000 USD
CY2019 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
0 USD
CY2018 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
0 USD
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
653600000 USD
CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
200100000 USD
CY2018 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
275800000 USD
CY2020 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2019 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2700000 USD
CY2018 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
23500000 USD
CY2020 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
24300000 USD
CY2019 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
6500000 USD
CY2018 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
0 USD
CY2020 holx Interest Rate Cap Agreements Aggregate Premium Payable
InterestRateCapAgreementsAggregatePremiumPayable
0 USD
CY2019 holx Interest Rate Cap Agreements Aggregate Premium Payable
InterestRateCapAgreementsAggregatePremiumPayable
1500000 USD
CY2018 holx Interest Rate Cap Agreements Aggregate Premium Payable
InterestRateCapAgreementsAggregatePremiumPayable
3700000 USD
CY2020 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
65600000 USD
CY2019 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
49800000 USD
CY2018 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
33200000 USD
CY2020 holx Payment For Tax Withholding Related To Vested And Released Restricted Stock Units
PaymentForTaxWithholdingRelatedToVestedAndReleasedRestrictedStockUnits
14300000 USD
CY2019 holx Payment For Tax Withholding Related To Vested And Released Restricted Stock Units
PaymentForTaxWithholdingRelatedToVestedAndReleasedRestrictedStockUnits
12800000 USD
CY2018 holx Payment For Tax Withholding Related To Vested And Released Restricted Stock Units
PaymentForTaxWithholdingRelatedToVestedAndReleasedRestrictedStockUnits
16700000 USD
CY2020 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
1700000 USD
CY2019 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
1700000 USD
CY2018 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
1700000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-659900000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-431500000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-404800000 USD
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4100000 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-2200000 USD
CY2018 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-6800000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
99200000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-64900000 USD
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
126100000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
601800000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
666700000 USD
CY2017Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
540600000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
701000000.0 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
601800000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
666700000 USD
CY2017Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
4 Segment
CY2020 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
750000000.0 USD
CY2020 us-gaap Repayments Of Accounts Receivable Securitization
RepaymentsOfAccountsReceivableSecuritization
250000000.0 USD
CY2020 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
500000000.0 USD
CY2020 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
750000000.0 USD
CY2020Q3 holx Unused Credit Facility
UnusedCreditFacility
1250000000 USD
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
701000000.0 USD
CY2020 us-gaap Use Of Estimates
UseOfEstimates
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Management’s Estimates and Uncertainties</span></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with U.S. generally accepted accounting principles ("GAAP") requires management to make significant 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 periods. Significant estimates and assumptions by management affect the Company’s revenue recognition for multiple performance obligation arrangements, valuations, purchase price allocations and contingent consideration related to business combinations, expected future cash flows including growth rates, discount rates, terminal values and other assumptions and estimates used to evaluate the recoverability of long-lived assets and goodwill, estimated fair values of intangible assets and goodwill, amortization methods and periods, warranty reserves, certain accrued expenses, restructuring and other related charges, contingent liabilities, tax reserves, deferred tax rates and recoverability of the Company’s net deferred tax assets and related valuation allowances.</span></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Although the Company regularly assesses these estimates, actual results could differ materially from these estimates. Changes in estimates are recorded in the period in which they become known. The Company bases its estimates on historical experience and various other assumptions that it believes to be reasonable under the circumstances.</span></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company is subject to a number of risks similar to those of other companies of similar size in its industry, including dependence on third-party reimbursements to support the markets of the Company’s products, early stage of development of certain products, rapid technological changes, recoverability of long-lived assets (including intangible assets and goodwill), competition, stability of world financial markets, ability to obtain regulatory approvals, changes in the regulatory environment, limited number of suppliers, customer concentration, integration of acquisitions, substantial indebtedness, government regulations, management of international activities, protection of proprietary rights, patent and other litigation, dependence on contract manufacturers and dependence on key individuals.</span></div>
CY2020 holx Cash Equivalents Maturity Period
CashEquivalentsMaturityPeriod
three months or less
CY2020 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-top:14pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Concentrations of Credit Risk</span></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that subject the Company to credit risk primarily consist of cash and cash equivalents, cost-method investments and trade accounts receivable. The Company invests its cash and cash equivalents with high credit quality financial institutions.</span></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company’s customers are principally located in the United States, Europe and Asia. The Company performs ongoing credit evaluations of the financial condition of its customers and generally does not require collateral. Although the Company is directly affected by the overall financial condition of the healthcare industry, as well as global economic conditions, management does not believe significant credit risk exists as of September 26, 2020. The Company generally has not experienced any material losses related to receivables from individual customers or groups of customers in the healthcare industry. The Company maintains an allowance for doubtful accounts based on accounts past due and historical collection experience.</span></div>There was one customer with a balance greater than 10% of accounts receivable as of September 26, 2020, at 11.9%. There were no customers with a balance greater than 10% of accounts receivable as of September 28, 2019. There were no customers that represented greater than 10% of consolidated revenues for fiscal years 2020, 2019 and 2018
CY2020Q3 holx Number Of Customers With Balance Greater Than Specified Percentage
NumberOfCustomersWithBalanceGreaterThanSpecifiedPercentage
1 Customer
CY2019Q3 holx Number Of Customers With Balance Greater Than Specified Percentage
NumberOfCustomersWithBalanceGreaterThanSpecifiedPercentage
0 Customer
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
265900000 USD
CY2019 us-gaap Income Taxes Paid
IncomeTaxesPaid
180600000 USD
CY2018 us-gaap Income Taxes Paid
IncomeTaxesPaid
178200000 USD
CY2020 us-gaap Interest Paid
InterestPaid
109500000 USD
CY2019 us-gaap Interest Paid
InterestPaid
132500000 USD
CY2018 us-gaap Interest Paid
InterestPaid
122100000 USD
CY2020Q3 us-gaap Inventory Raw Materials
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152300000 USD
CY2019Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
166100000 USD
CY2020Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
46500000 USD
CY2019Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
54500000 USD
CY2020Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
196300000 USD
CY2019Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
224300000 USD
CY2020Q3 us-gaap Inventory Net
InventoryNet
395100000 USD
CY2019Q3 us-gaap Inventory Net
InventoryNet
444900000 USD
CY2020Q3 holx Manufacturing Equipment And Software
ManufacturingEquipmentAndSoftware
460700000 USD
CY2019Q3 holx Manufacturing Equipment And Software
ManufacturingEquipmentAndSoftware
379200000 USD
CY2020Q3 holx Equipment Under Customer Usage Agreements
EquipmentUnderCustomerUsageAgreements
456800000 USD
CY2019Q3 holx Equipment Under Customer Usage Agreements
EquipmentUnderCustomerUsageAgreements
427500000 USD
CY2020Q3 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
167300000 USD
CY2019Q3 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
196700000 USD
CY2020Q3 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
44300000 USD
CY2019Q3 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
61700000 USD
CY2020Q3 us-gaap Land
Land
40700000 USD
CY2019Q3 us-gaap Land
Land
46300000 USD
CY2020Q3 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
16100000 USD
CY2019Q3 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
17500000 USD
CY2020Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1185900000 USD
CY2019Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1128900000 USD
CY2020Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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694400000 USD
CY2019Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
658000000.0 USD
CY2020Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
491500000 USD
CY2019Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
470900000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
4931100000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3623600000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
4786600000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3326800000 USD
CY2019 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
685400000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
283500000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
273100000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
176000000.0 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
164600000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
151100000 USD
CY2020Q3 holx Goodwill Not At Risk Of Failing Impairment
GoodwillNotAtRiskOfFailingImpairment
2600000000 USD
CY2018Q1 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
685700000 USD
CY2019Q3 us-gaap Goodwill
Goodwill
2563700000 USD
CY2020 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
5300000 USD
CY2020Q3 us-gaap Goodwill
Goodwill
2657900000 USD
CY2020Q3 us-gaap Income Tax Receivable
IncomeTaxReceivable
325700000 USD
CY2019Q3 us-gaap Income Tax Receivable
IncomeTaxReceivable
0 USD
CY2020Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
80700000 USD
CY2019Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
0 USD
CY2020Q3 us-gaap Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
49300000 USD
CY2019Q3 us-gaap Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
44600000 USD
CY2020Q3 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
15500000 USD
CY2019Q3 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
17200000 USD
CY2020Q3 holx Cost Method Equity Investments
CostMethodEquityInvestments
11400000 USD
CY2019Q3 holx Cost Method Equity Investments
CostMethodEquityInvestments
11400000 USD
CY2020Q3 holx Equity Method Investment And Loans To Acquiree
EquityMethodInvestmentAndLoansToAcquiree
0 USD
CY2019Q3 holx Equity Method Investment And Loans To Acquiree
EquityMethodInvestmentAndLoansToAcquiree
42700000 USD
CY2020Q3 us-gaap Other Assets Miscellaneous
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34000000.0 USD
CY2019Q3 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
38700000 USD
CY2020Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
516600000 USD
CY2019Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
154600000 USD
CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
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-41400000 USD
CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
1700000 USD
CY2019Q3 holx Accumulatedothercomprehensive Incomeloss Hedge
AccumulatedothercomprehensiveIncomelossHedge
-2700000 USD
CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-42300000 USD
CY2018Q3 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-26600000 USD
CY2018Q3 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
1100000 USD
CY2018Q3 holx Accumulatedothercomprehensive Incomeloss Hedge
AccumulatedothercomprehensiveIncomelossHedge
2200000 USD
CY2018Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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CY2020 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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18500000 USD
CY2020 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
100000 USD
CY2020 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-500000 USD
CY2020 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
-9700000 USD
CY2019 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-14800000 USD
CY2019 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
600000 USD
CY2019 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-8000000.0 USD
CY2019 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
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CY2020 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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2300000 USD
CY2019 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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3100000 USD
CY2020Q3 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-22900000 USD
CY2020Q3 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
1800000 USD
CY2020Q3 holx Accumulatedothercomprehensive Incomeloss Hedge
AccumulatedothercomprehensiveIncomelossHedge
-900000 USD
CY2020Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-49700000 USD
CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-41400000 USD
CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
1700000 USD
CY2019Q3 holx Accumulatedothercomprehensive Incomeloss Hedge
AccumulatedothercomprehensiveIncomelossHedge
-2700000 USD
CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-42300000 USD
CY2018Q4 holx Interest Rate Cap Agreements Aggregate Premium Payable
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3700000 USD
CY2020Q3 holx Principal Amount Of Borrowings
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1000000000.0 USD
CY2020 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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-2300000 USD
CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-3100000 USD
CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-3600000 USD
CY2020 us-gaap Derivative Instruments Gain Loss Reclassification From Accumulated Oci To Income Estimated Net Amount To Be Transferred
DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimatedNetAmountToBeTransferred
500000 USD
CY2020Q3 us-gaap Derivative Liability Notional Amount
DerivativeLiabilityNotionalAmount
1000000000.0 USD
CY2020Q3 us-gaap Derivative Liability Notional Amount
DerivativeLiabilityNotionalAmount
1000000000.0 USD
CY2020Q3 holx Principal Amount Of Borrowings
PrincipalAmountOfBorrowings
1000000000.0 USD
CY2020 us-gaap Gain Loss On Foreign Currency Derivatives Recorded In Earnings Net
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-1200000 USD
CY2019 us-gaap Gain Loss On Foreign Currency Derivatives Recorded In Earnings Net
GainLossOnForeignCurrencyDerivativesRecordedInEarningsNet
11000000.0 USD
CY2018 us-gaap Gain Loss On Foreign Currency Derivatives Recorded In Earnings Net
GainLossOnForeignCurrencyDerivativesRecordedInEarningsNet
-1300000 USD
CY2020 us-gaap Unrealized Gain Loss On Foreign Currency Derivatives Net Before Tax
UnrealizedGainLossOnForeignCurrencyDerivativesNetBeforeTax
3800000 USD
CY2019 us-gaap Unrealized Gain Loss On Foreign Currency Derivatives Net Before Tax
UnrealizedGainLossOnForeignCurrencyDerivativesNetBeforeTax
-2100000 USD
CY2018 us-gaap Unrealized Gain Loss On Foreign Currency Derivatives Net Before Tax
UnrealizedGainLossOnForeignCurrencyDerivativesNetBeforeTax
6600000 USD
CY2020Q3 holx Notional Amount
NotionalAmount
172600000 USD
CY2020Q3 us-gaap Cash Flow Hedge Derivative Instrument Assets At Fair Value
CashFlowHedgeDerivativeInstrumentAssetsAtFairValue
0 USD
CY2019Q3 us-gaap Cash Flow Hedge Derivative Instrument Assets At Fair Value
CashFlowHedgeDerivativeInstrumentAssetsAtFairValue
4800000 USD
CY2020Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
31200000 USD
CY2019Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
0 USD
CY2020 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-28100000 USD
CY2019 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-4500000 USD
CY2018 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-5700000 USD
CY2020 us-gaap Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
2600000 USD
CY2019 us-gaap Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
8900000 USD
CY2018 us-gaap Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
5300000 USD
CY2019Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
17800000 USD
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
26800000 USD
CY2020 holx Accounts Receivable Reserve Divested
AccountsReceivableReserveDivested
-5800000 USD
CY2020 holx Accounts Receivable Allowance Reduction
AccountsReceivableAllowanceReduction
7200000 USD
CY2020Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
31600000 USD
CY2018Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
16200000 USD
CY2019 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
4400000 USD
CY2019 holx Accounts Receivable Reserve Divested
AccountsReceivableReserveDivested
0 USD
CY2019 holx Accounts Receivable Allowance Reduction
AccountsReceivableAllowanceReduction
2800000 USD
CY2019Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
17800000 USD
CY2017Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
9800000 USD
CY2018 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
7000000.0 USD
CY2018 holx Accounts Receivable Reserve Divested
AccountsReceivableReserveDivested
0 USD
CY2018 holx Accounts Receivable Allowance Reduction
AccountsReceivableAllowanceReduction
600000 USD
CY2018Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
16200000 USD
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
262727000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
269413000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
275105000 shares
CY2020 holx Weighted Average Common Stock Equivalents From Assumed Exercise Of Stock Options And Restricted Stock Units
WeightedAverageCommonStockEquivalentsFromAssumedExerciseOfStockOptionsAndRestrictedStockUnits
1886000 shares
CY2019 holx Weighted Average Common Stock Equivalents From Assumed Exercise Of Stock Options And Restricted Stock Units
WeightedAverageCommonStockEquivalentsFromAssumedExerciseOfStockOptionsAndRestrictedStockUnits
0 shares
CY2018 holx Weighted Average Common Stock Equivalents From Assumed Exercise Of Stock Options And Restricted Stock Units
WeightedAverageCommonStockEquivalentsFromAssumedExerciseOfStockOptionsAndRestrictedStockUnits
0 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
264613000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
269413000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
275105000 shares
CY2018 us-gaap Advertising Expense
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26900000 USD
CY2020 us-gaap Revenues
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3776400000 USD
CY2019Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
13900000 USD
CY2020 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
11700000 USD
CY2020 us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
500000 USD
CY2020 us-gaap Standard Product Warranty Accrual Period Increase Decrease
StandardProductWarrantyAccrualPeriodIncreaseDecrease
-6100000 USD
CY2020 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
10100000 USD
CY2020Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
9900000 USD
CY2018Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
15900000 USD
CY2019 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
14100000 USD
CY2019 us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
0 USD
CY2019 us-gaap Standard Product Warranty Accrual Period Increase Decrease
StandardProductWarrantyAccrualPeriodIncreaseDecrease
0 USD
CY2019 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
16100000 USD
CY2019Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
13900000 USD
CY2020 us-gaap Advertising Expense
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15600000 USD
CY2019 us-gaap Advertising Expense
AdvertisingExpense
29500000 USD
CY2019 us-gaap Revenues
Revenues
3367300000 USD
CY2019Q3 us-gaap Finance Lease Liability
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21000000.0 USD
CY2018 us-gaap Revenues
Revenues
3217900000 USD
CY2020 us-gaap Revenues
Revenues
3776400000 USD
CY2019 us-gaap Revenues
Revenues
3367300000 USD
CY2018 us-gaap Revenues
Revenues
3217900000 USD
CY2020 us-gaap Revenues
Revenues
3776400000 USD
CY2019 us-gaap Revenues
Revenues
3367300000 USD
CY2018 us-gaap Revenues
Revenues
3217900000 USD
CY2020Q3 us-gaap Revenue Remaining Performance Obligation
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635600000 USD
CY2020Q3 us-gaap Revenue Remaining Performance Obligation Percentage
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0.39
CY2020Q3 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.28
CY2020Q3 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.19
CY2020Q3 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.10
CY2020Q3 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.04
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
158900000 USD
CY2019Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
91700000 USD
CY2019Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
10200000 USD
CY2019Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
96600000 USD
CY2020 holx Lessee Operating And Finance Lease Period With Option To Terminate
LesseeOperatingAndFinanceLeasePeriodWithOptionToTerminate
P1Y
CY2020 holx Lessee Operating And Finance Leases Extension Period
LesseeOperatingAndFinanceLeasesExtensionPeriod
P20Y
CY2020 holx Lessee Operating And Finance Leases Weighted Average Discount Rate Percent
LesseeOperatingAndFinanceLeasesWeightedAverageDiscountRatePercent
0.0262
CY2019Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
1800000 USD
CY2019Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
19200000 USD
CY2020Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y6M29D
CY2020Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P7Y7M20D
CY2020Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.020
CY2020Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.051
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
27500 USD
CY2020 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
300 USD
CY2020 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
1000.0 USD
CY2020 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
1000.0 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
23900 USD
CY2020 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1700 USD
CY2020 holx Operating And Finance Lease Total Cash Paid For Amounts Included In Measurement Of Lease Liability
OperatingAndFinanceLeaseTotalCashPaidForAmountsIncludedInMeasurementOfLeaseLiability
26600 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
13300 USD
CY2019 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
23100000 USD
CY2018 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
23100000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
25000.0 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
2800 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
20300 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
3000.0 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
13800 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
3000.0 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
11100 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
3000.0 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
8500 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
3100 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
16000.0 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
8400 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
94700 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
23300 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
5600 USD
CY2020Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
4000.0 USD
CY2020Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
89100 USD
CY2020Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
19300 USD
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
20500 USD
CY2019Q3 us-gaap Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
5800 USD
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
17300 USD
CY2019Q3 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
5800 USD
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
13300 USD
CY2019Q3 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
6100 USD
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
6600 USD
CY2019Q3 us-gaap Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
6200 USD
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
5900 USD
CY2019Q3 us-gaap Capital Leases Future Minimum Payments Due In Five Years
CapitalLeasesFutureMinimumPaymentsDueInFiveYears
5500 USD
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
14600 USD
CY2019Q3 us-gaap Capital Leases Future Minimum Payments Due Thereafter
CapitalLeasesFutureMinimumPaymentsDueThereafter
19500 USD
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
78200 USD
CY2019Q3 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
48900 USD
CY2020Q3 holx Lease Revenue Percentage Of Total Revenue
LeaseRevenuePercentageOfTotalRevenue
0.04
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
10200000 USD
CY2020Q3 holx Lease Receivable
LeaseReceivable
19300000 USD
CY2020 us-gaap Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
2000000.0 USD
CY2019 us-gaap Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
2700000 USD
CY2018 us-gaap Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
2600000 USD
CY2020Q3 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
3000000.0 USD
CY2020Q3 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
3000000.0 USD
CY2020Q3 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
3000000.0 USD
CY2020Q3 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
2900000 USD
CY2020Q3 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
1900000 USD
CY2020Q3 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
2600000 USD
CY2020Q3 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
16400000 USD
CY2019Q4 holx Business Combination Consideration Transferred Portion Allocable To Fair Value Of Noncontrolling Interest
BusinessCombinationConsiderationTransferredPortionAllocableToFairValueOfNoncontrollingInterest
8600000 USD
CY2020 us-gaap Severance Costs1
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13400000 USD
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
5000000.0 USD
CY2020Q3 holx Expected Future Severance Charges
ExpectedFutureSeveranceCharges
1700000 USD
CY2020Q1 holx Divestiture Charges
DivestitureCharges
1900000 USD
CY2019 us-gaap Severance Costs1
SeveranceCosts1
4000000.0 USD
CY2018 us-gaap Severance Costs1
SeveranceCosts1
9000000.0 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
1300000 USD
CY2020Q3 us-gaap Long Term Debt Current
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324900000 USD
CY2019Q3 us-gaap Long Term Debt Current
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271400000 USD
CY2020Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2713900000 USD
CY2019Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2783600000 USD
CY2020Q3 us-gaap Long Term Debt
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3038800000 USD
CY2019Q3 us-gaap Long Term Debt
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3055000000.0 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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325000000.0 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
75000000.0 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
112500000 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
1200000000.0 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
950000000.0 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
400000000.0 USD
CY2020Q3 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
3062500000 USD
CY2018Q4 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt
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13400000 USD
CY2018Q4 holx Deferred Taxes Reacquisitionof Equity Component
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3800000 USD
CY2020Q3 us-gaap Investments Fair Value Disclosure
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11200000 USD
CY2020Q3 us-gaap Fair Value Liabilities Measured On Recurring Basis Obligations
FairValueLiabilitiesMeasuredOnRecurringBasisObligations
113000000.0 USD
CY2019Q3 us-gaap Investments Fair Value Disclosure
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7700000 USD
CY2019Q3 us-gaap Fair Value Liabilities Measured On Recurring Basis Obligations
FairValueLiabilitiesMeasuredOnRecurringBasisObligations
9200000 USD
CY2019Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
9100000 USD
CY2018Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
7800000 USD
CY2017Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
0 USD
CY2020 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
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82700000 USD
CY2019 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases
0 USD
CY2018 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases
7800000 USD
CY2020 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
300000 USD
CY2019 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
1700000 USD
CY2018 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
0 USD
CY2020 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
10300000 USD
CY2019 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
400000 USD
CY2018 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
0 USD
CY2020Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
81800000 USD
CY2019Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
9100000 USD
CY2018Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
7800000 USD
CY2019Q4 us-gaap Asset Impairment Charges
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30200000 USD
CY2019Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
685400000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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921100000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-174300000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-581900000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
80800000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-83400000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
163300000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1001900000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-257700000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-418600000 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
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-62100000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
142900000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
137100000 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-76600000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-189900000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-461900000 USD
CY2020 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
-138700000 USD
CY2019 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
-47000000.0 USD
CY2018 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
-324800000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
33900000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
22100000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
11000000.0 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-12500000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-41000000.0 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-11300000 USD
CY2020 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
21400000 USD
CY2019 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
-18900000 USD
CY2018 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
-300000 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
14000000.0 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
16500000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
21900000 USD
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-5300000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-4700000 USD
CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-4100000 USD
CY2020 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
8700000 USD
CY2019 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
11800000 USD
CY2018 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
17800000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-108600000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-54100000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-307300000 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.245
CY2020 holx Effective Income Tax Reconciliation Loss On Sale Of Cynosure
EffectiveIncomeTaxReconciliationLossOnSaleOfCynosure
0.313
CY2019 holx Effective Income Tax Reconciliation Loss On Sale Of Cynosure
EffectiveIncomeTaxReconciliationLossOnSaleOfCynosure
0
CY2018 holx Effective Income Tax Reconciliation Loss On Sale Of Cynosure
EffectiveIncomeTaxReconciliationLossOnSaleOfCynosure
0
CY2020 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
0
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Percent
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Percent
0
CY2019 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
0
CY2018 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
-0.031
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.029
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.007
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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241600000 USD

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