2022 Q4 Form 10-K Financial Statement

#000085973722000022 Filed on November 15, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2022
Revenue $1.074B $953.3M $4.863B
YoY Change -26.98% -27.59% -13.66%
Cost Of Revenue $456.3M $430.4M $1.848B
YoY Change 43.45% -11.89% 0.63%
Gross Profit $617.9M $522.9M $3.015B
YoY Change -37.35% -36.86% -20.58%
Gross Profit Margin 57.52% 54.85% 62.0%
Selling, General & Admin $272.0M $256.5M $1.038B
YoY Change 2.53% -12.9% 4.38%
% of Gross Profit 44.02% 49.05% 34.43%
Research & Development $74.80M $76.00M $283.4M
YoY Change 2.75% -0.65% 2.57%
% of Gross Profit 12.11% 14.53% 9.4%
Depreciation & Amortization $85.90M $106.6M $430.1M
YoY Change 285.2% -9.51% 388.75%
% of Gross Profit 13.9% 20.39% 14.27%
Operating Expenses $354.4M $344.5M $1.367B
YoY Change 2.72% -9.93% 3.88%
Operating Profit $263.5M $178.4M $1.648B
YoY Change -58.91% -59.96% -33.55%
Interest Expense -$7.500M -$14.70M -$42.70M
YoY Change -129.18% -43.02% -145.62%
% of Operating Profit -2.85% -8.24% -2.59%
Other Income/Expense, Net -$15.80M $17.20M $30.90M
YoY Change -343.08% -364.62% -672.22%
Pretax Income $239.1M $143.4M $1.588B
YoY Change -61.55% -65.08% -32.73%
Income Tax $51.70M $24.70M $286.2M
% Of Pretax Income 21.62% 17.22% 18.02%
Net Earnings $187.4M $118.7M $1.302B
YoY Change -62.46% -63.9% -30.43%
Net Earnings / Revenue 17.45% 12.45% 26.77%
Basic Earnings Per Share $5.18
Diluted Earnings Per Share $0.75 $470.0K $5.129M
COMMON SHARES
Basic Shares Outstanding 245.8M shares 249.7M shares 251.5M shares
Diluted Shares Outstanding 253.8M shares

Balance Sheet

Concept 2022 Q4 2022 Q3 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.441B $2.340B $2.340B
YoY Change 71.83% 99.91% 99.91%
Cash & Equivalents $2.441B $2.340B $2.340B
Short-Term Investments
Other Short-Term Assets $228.4M $281.2M $281.2M
YoY Change -61.39% -49.29% -49.29%
Inventory $677.7M $623.7M $623.7M
Prepaid Expenses $197.3M $232.2M
Receivables $673.8M $617.6M $617.6M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $4.021B $3.862B $3.862B
YoY Change 14.69% 21.88% 21.88%
LONG-TERM ASSETS
Property, Plant & Equipment $494.3M $481.6M $481.6M
YoY Change -10.82% -14.72% -25.71%
Goodwill $3.290B $3.237B
YoY Change -1.2% -1.37%
Intangibles $1.255B $1.281B
YoY Change -23.94% -22.82%
Long-Term Investments
YoY Change
Other Assets $229.8M $210.5M $210.5M
YoY Change -6.09% -14.33% 29.86%
Total Long-Term Assets $5.269B $5.209B $5.209B
YoY Change -8.82% -9.42% -9.42%
TOTAL ASSETS
Total Short-Term Assets $4.021B $3.862B $3.862B
Total Long-Term Assets $5.269B $5.209B $5.209B
Total Assets $9.290B $9.071B $9.071B
YoY Change 0.06% 1.7% 1.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $201.8M $197.7M $197.7M
YoY Change -0.2% -8.43% -8.43%
Accrued Expenses $539.0M $535.3M $491.1M
YoY Change -14.77% -10.21% -6.51%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $20.60M $15.00M $15.00M
YoY Change -91.72% -95.21% -95.26%
Total Short-Term Liabilities $956.2M $937.7M $937.7M
YoY Change -25.22% -29.33% -29.33%
LONG-TERM LIABILITIES
Long-Term Debt $2.806B $2.808B $2.808B
YoY Change -0.48% 3.55% 2.68%
Other Long-Term Liabilities $335.1M $358.1M $358.1M
YoY Change -12.58% -2.87% -7.94%
Total Long-Term Liabilities $3.141B $3.167B $3.167B
YoY Change -1.92% 2.78% 1.36%
TOTAL LIABILITIES
Total Short-Term Liabilities $956.2M $937.7M $937.7M
Total Long-Term Liabilities $3.141B $3.167B $3.167B
Total Liabilities $4.098B $4.195B $4.195B
YoY Change -8.57% -4.83% -10.77%
SHAREHOLDERS EQUITY
Retained Earnings $1.788B $1.600B
YoY Change 124.16% 436.47%
Common Stock $3.000M $3.000M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.632B $2.532B
YoY Change 22.03% 27.25%
Treasury Stock Shares 52.94B shares 51.40M shares
Shareholders Equity $5.093B $4.876B $4.876B
YoY Change
Total Liabilities & Shareholders Equity $9.290B $9.071B $9.071B
YoY Change 0.06% 1.7% 1.7%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2022
OPERATING ACTIVITIES
Net Income $187.4M $118.7M $1.302B
YoY Change -62.46% -63.9% -30.43%
Depreciation, Depletion And Amortization $85.90M $106.6M $430.1M
YoY Change 285.2% -9.51% 388.75%
Cash From Operating Activities $253.4M $168.6M $2.126B
YoY Change -55.09% -63.77% -8.78%
INVESTING ACTIVITIES
Capital Expenditures $29.10M -$31.60M -$127.2M
YoY Change -271.18% -24.04% -231.4%
Acquisitions $158.6M
YoY Change -86.38%
Other Investing Activities -$11.90M -$500.0K -$79.10M
YoY Change -92.4% -66.67% -93.22%
Cash From Investing Activities -$41.00M -$32.10M -$206.3M
YoY Change -76.37% -25.52% -84.48%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$508.6M
YoY Change -224.11%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -113.5M -169.8M -756.0M
YoY Change -20.91% 107.07% 42.7%
NET CHANGE
Cash From Operating Activities 253.4M 168.6M 2.126B
Cash From Investing Activities -41.00M -32.10M -206.3M
Cash From Financing Activities -113.5M -169.8M -756.0M
Net Change In Cash 98.90M -33.30M 1.163B
YoY Change -60.52% -109.79% 147.9%
FREE CASH FLOW
Cash From Operating Activities $253.4M $168.6M $2.126B
Capital Expenditures $29.10M -$31.60M -$127.2M
Free Cash Flow $224.3M $200.2M $2.253B
YoY Change -61.41% -60.51% 0.86%

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<div style="text-align:justify"><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-align:justify;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, accounts receivable reserves, inventory excess and obsolescence reserves, 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, and stock-based compensation.</span></div><div style="margin-top:9pt;text-align:justify;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-align:justify;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 supply chain constraints primarily related to electronic components, primarily semiconductor chips, 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>
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<div style="margin-top:14pt;text-align:justify"><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-align:justify;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, equity 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-align:justify;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 U.S., 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 24, 2022. 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 were no customers with a balance greater than 10% of accounts receivable as of September 24, 2022 and September 25, 2021. There were no customers that represented greater than 10% of consolidated revenues for fiscal years 2022, 2021 and 2020
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CY2020 holx Accounts Receivable Reserve Divested
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CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
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251527000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
257046000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
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262727000 shares
CY2022 holx Weighted Average Common Stock Equivalents From Assumed Exercise Of Stock Options And Restricted Stock Units
WeightedAverageCommonStockEquivalentsFromAssumedExerciseOfStockOptionsAndRestrictedStockUnits
2318000 shares
CY2020 holx Weighted Average Common Stock Equivalents From Assumed Exercise Of Stock Options And Restricted Stock Units
WeightedAverageCommonStockEquivalentsFromAssumedExerciseOfStockOptionsAndRestrictedStockUnits
1886000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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253845000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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259706000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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264613000 shares
CY2021Q3 us-gaap Product Warranty Accrual
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8800000 usd
CY2022 us-gaap Product Warranty Accrual Warranties Issued
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6300000 usd
CY2022 us-gaap Product Warranty Accrual Additions From Business Acquisition
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CY2022 us-gaap Product Warranty Accrual Payments
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7100000 usd
CY2022Q3 us-gaap Product Warranty Accrual
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CY2020Q3 us-gaap Product Warranty Accrual
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9900000 usd
CY2021 us-gaap Product Warranty Accrual Warranties Issued
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7700000 usd
CY2021 us-gaap Product Warranty Accrual Additions From Business Acquisition
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CY2021 us-gaap Product Warranty Accrual Payments
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9100000 usd
CY2021Q3 us-gaap Product Warranty Accrual
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8800000 usd
CY2022 us-gaap Advertising Expense
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78100000 usd
CY2021 us-gaap Advertising Expense
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9800000 usd
CY2020 us-gaap Advertising Expense
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15600000 usd
CY2022 us-gaap Revenues
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4862800000 usd
CY2021 us-gaap Revenues
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5632300000 usd
CY2020 us-gaap Revenues
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3776400000 usd
CY2022 us-gaap Revenues
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4862800000 usd
CY2021 us-gaap Revenues
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5632300000 usd
CY2020 us-gaap Revenues
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3776400000 usd
CY2022 us-gaap Revenues
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4862800000 usd
CY2021 us-gaap Revenues
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5632300000 usd
CY2020 us-gaap Revenues
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CY2022Q3 us-gaap Revenue Remaining Performance Obligation Percentage
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CY2022Q3 us-gaap Revenue Remaining Performance Obligation Percentage
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CY2022Q3 us-gaap Revenue Remaining Performance Obligation Percentage
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CY2022Q3 us-gaap Revenue Remaining Performance Obligation Percentage
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CY2022 us-gaap Contract With Customer Liability Revenue Recognized
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119700000 usd
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
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112100000 usd
CY2022 holx Lessee Operating And Finance Lease Period With Option To Terminate
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P1Y
CY2022 holx Lessee Operating And Finance Leases Extension Period
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CY2022Q3 us-gaap Operating Lease Right Of Use Asset
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CY2021Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
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CY2022Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
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CY2021Q3 us-gaap Finance Lease Right Of Use Asset
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CY2022Q3 us-gaap Operating Lease Liability Current
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23200000 usd
CY2021Q3 us-gaap Operating Lease Liability Current
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26800000 usd
CY2022Q3 us-gaap Finance Lease Liability Current
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3200000 usd
CY2021Q3 us-gaap Finance Lease Liability Current
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CY2022Q3 us-gaap Operating Lease Liability Noncurrent
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53800000 usd
CY2021Q3 us-gaap Operating Lease Liability Noncurrent
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66100000 usd
CY2022Q3 us-gaap Finance Lease Liability Noncurrent
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18000000.0 usd
CY2021Q3 us-gaap Finance Lease Liability Noncurrent
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22800000 usd
CY2021Q1 holx Number Of Finance Leases
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2 segment
CY2021Q1 holx Lessee Finance Lease Bargain Purchase Option Percentage
LesseeFinanceLeaseBargainPurchaseOptionPercentage
0.03
CY2022Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2022Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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CY2021Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2021Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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0.013
CY2022Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
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CY2021Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.016
CY2021Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
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CY2022 us-gaap Operating Lease Cost
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CY2021 us-gaap Operating Lease Cost
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30100 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
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800 usd
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
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600 usd
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1000.0 usd
CY2021 us-gaap Finance Lease Interest Expense
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CY2022 us-gaap Finance Lease Interest Payment On Liability
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CY2021 us-gaap Finance Lease Interest Payment On Liability
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29300 usd
CY2021 us-gaap Operating Lease Payments
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28200 usd
CY2022 us-gaap Finance Lease Principal Payments
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CY2021 us-gaap Finance Lease Principal Payments
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CY2022 holx Operating And Finance Lease Total Cash Paid For Amounts Included In Measurement Of Lease Liability
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33600 usd
CY2021 holx Operating And Finance Lease Total Cash Paid For Amounts Included In Measurement Of Lease Liability
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31600 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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16600 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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28600 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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9100 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due
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24000.0 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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2500 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
24200 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due Next Twelve Months
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4000.0 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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19500 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due Year Two
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3800 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
14000.0 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due Year Three
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3700 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
8800 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due Year Four
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3700 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
6200 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
3900 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
6800 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
4900 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due
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79500 usd
CY2022Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
2800 usd
CY2022Q3 us-gaap Operating Lease Liability
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77000.0 usd
CY2022Q3 us-gaap Finance Lease Liability
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21200 usd
CY2022Q3 holx Lease Revenue Percentage Of Total Revenue
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0.03
CY2021Q3 holx Lease Receivable
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15200000 usd
CY2022 us-gaap Sublease Income
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2800000 usd
CY2021 us-gaap Sublease Income
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2600000 usd
CY2020 us-gaap Sublease Income
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CY2022Q3 holx Sub Lease Rental Income Current
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2700000 usd
CY2022Q3 holx Sub Lease Rental Income Due In2 Years
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2500000 usd
CY2022Q3 holx Sub Lease Rental Income Due In3 Years
SubLeaseRentalIncomeDueIn3Years
1700000 usd
CY2022Q3 holx Sub Lease Rental Income Due In4 Years
SubLeaseRentalIncomeDueIn4Years
800000 usd
CY2022Q3 holx Sub Lease Rental Income Due In5years
SubLeaseRentalIncomeDueIn5years
900000 usd
CY2022Q3 holx Sub Lease Rental Income Due Thereafter
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1300000 usd
CY2022Q3 holx Sub Lease Rental Income
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9900000 usd
CY2022 us-gaap Business Combination Consideration Transferred1
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CY2021 us-gaap Business Combination Consideration Transferred1
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CY2020 us-gaap Business Combination Consideration Transferred1
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CY2021 holx Restructuring Charges Under Exit Or Disposal Plan
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8700000 usd
CY2020 us-gaap Severance Costs1
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CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
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5000000 usd
CY2020Q1 holx Divestiture Charges
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1900000 usd
CY2022Q3 us-gaap Long Term Debt Current
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CY2021Q3 us-gaap Long Term Debt Current
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313000000.0 usd
CY2022Q3 us-gaap Long Term Debt Noncurrent
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CY2021Q3 us-gaap Long Term Debt Noncurrent
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CY2022Q3 us-gaap Long Term Debt
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CY2021Q3 us-gaap Long Term Debt
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CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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15000000.0 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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37500000 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
1410000000 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
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CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
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1350000000 usd
CY2022Q3 us-gaap Debt Longterm And Shortterm Combined Amount
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2850000000 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2021 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Period Increase Decrease
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CY2020Q3 us-gaap Debt Instrument Redemption Price Percentage
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CY2022Q1 us-gaap Repayments Of Other Debt
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63700000 usd
CY2022Q3 us-gaap Investments Fair Value Disclosure
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65300000 usd
CY2022Q3 us-gaap Fair Value Liabilities Measured On Recurring Basis Obligations
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CY2021Q3 us-gaap Investments Fair Value Disclosure
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CY2021Q3 us-gaap Fair Value Liabilities Measured On Recurring Basis Obligations
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CY2021Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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CY2020Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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CY2019Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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9100000 usd
CY2022 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
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CY2021 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
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CY2020 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
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CY2020 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Period Increase Decrease
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CY2022 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
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CY2021 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
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CY2020 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
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CY2022Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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23400000 usd
CY2021Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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CY2020Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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CY2021Q3 us-gaap Asset Impairment Charges
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2022 us-gaap Federal Income Tax Expense Benefit Continuing Operations
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CY2022 us-gaap Current State And Local Tax Expense Benefit
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CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2022 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
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CY2021 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
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CY2020 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
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CY2022 us-gaap Income Tax Expense Benefit
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CY2021 us-gaap Income Tax Expense Benefit
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CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2022 holx Effective Income Tax Reconciliation Loss On Sale Of Cynosure
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CY2021 holx Effective Income Tax Reconciliation Loss On Sale Of Cynosure
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CY2020 holx Effective Income Tax Reconciliation Loss On Sale Of Cynosure
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CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1700000 shares
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
64.43
CY2022 holx Minimum Target Number Of Shares Issued On Stock Performance In Percent
MinimumTargetNumberOfSharesIssuedOnStockPerformanceInPercent
0
CY2022 holx Maximum Target Number Of Shares Issued Based On Stock Performance In Percent
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2
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
CY2022 holx Sharebased Compensation Arrangementby Sharebased Payment Award Cliff Vesting Periodfrom Grant Date
SharebasedCompensationArrangementbySharebasedPaymentAwardCliffVestingPeriodfromGrantDate
P3Y
CY2022 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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21800000 usd
CY2021 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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20900000 usd
CY2020 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
19600000 usd
CY2022Q3 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
61800000 usd
CY2021Q3 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
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CY2022Q3 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
302900000 usd
CY2022Q3 us-gaap Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
45400000 usd
CY2022Q3 us-gaap Purchase Obligation Due In Third Year
PurchaseObligationDueInThirdYear
12500000 usd
CY2022Q3 us-gaap Purchase Obligation Due In Fourth Year
PurchaseObligationDueInFourthYear
2800000 usd
CY2022Q3 us-gaap Purchase Obligation Due In Fifth Year
PurchaseObligationDueInFifthYear
2700000 usd
CY2022Q3 holx Purchaseobligationthereafter
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300000 usd
CY2022Q3 us-gaap Purchase Obligation
PurchaseObligation
366600000 usd
CY2020Q4 us-gaap Asset Impairment Charges
AssetImpairmentCharges
30200000 usd
CY2020 us-gaap Disposal Group Including Discontinued Operation Operating Income Loss
DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
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CY2022 us-gaap Revenues
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CY2021 us-gaap Revenues
Revenues
5632300000 usd
CY2020 us-gaap Revenues
Revenues
3776400000 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
1640200000 usd
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
2480300000 usd
CY2020 us-gaap Operating Income Loss
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1105000000 usd
CY2022 us-gaap Depreciation Amortization And Accretion Net
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CY2021 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
406900000 usd
CY2020 us-gaap Depreciation Amortization And Accretion Net
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376000000.0 usd
CY2022 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
127200000 usd
CY2021 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
177700000 usd
CY2020 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
156400000 usd
CY2022Q3 us-gaap Assets
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9071200000 usd
CY2021Q3 us-gaap Assets
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8919900000 usd
CY2020Q3 us-gaap Assets
Assets
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CY2022 holx Percentage Of Revenues
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1.000
CY2021 holx Percentage Of Revenues
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1.000
CY2020 holx Percentage Of Revenues
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1.000
CY2022Q3 us-gaap Business Combination Contingent Consideration Liability
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12000000.0 usd
CY2022Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
481600000 usd
CY2021Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
564700000 usd
CY2020Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
491500000 usd
CY2022Q3 us-gaap Accrued Employee Benefits Current
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292200000 usd
CY2021Q3 us-gaap Accrued Employee Benefits Current
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297200000 usd
CY2022Q3 holx Accrued Income And Other Taxes
AccruedIncomeAndOtherTaxes
44200000 usd
CY2021Q3 holx Accrued Income And Other Taxes
AccruedIncomeAndOtherTaxes
70900000 usd
CY2022Q3 us-gaap Operating Lease Liability Current
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23200000 usd
CY2021Q3 us-gaap Operating Lease Liability Current
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26800000 usd
CY2021Q3 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
16300000 usd
CY2022Q3 holx Accrued Interest
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7300000 usd
CY2021Q3 holx Accrued Interest
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16900000 usd
CY2022Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
156400000 usd
CY2021Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
168100000 usd
CY2022Q3 us-gaap Accrued Liabilities Current
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535300000 usd
CY2021Q3 us-gaap Accrued Liabilities Current
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596200000 usd
CY2022Q3 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
251600000 usd
CY2021Q3 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
210000000.0 usd
CY2022Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
53800000 usd
CY2021Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
66100000 usd
CY2022Q3 us-gaap Contingent Consideration Classified As Equity Fair Value Disclosure
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11400000 usd
CY2021Q3 us-gaap Contingent Consideration Classified As Equity Fair Value Disclosure
ContingentConsiderationClassifiedAsEquityFairValueDisclosure
58800000 usd
CY2022Q3 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
0 usd
CY2021Q3 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
7600000 usd
CY2022Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
6800000 usd
CY2021Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
10000000.0 usd
CY2022Q3 us-gaap Other Sundry Liabilities Noncurrent
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7100000 usd
CY2022Q3 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
7100000 usd
CY2021Q3 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
16200000 usd
CY2022Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
330700000 usd
CY2021Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
368700000 usd

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