2024 Q4 Form 10-K Financial Statement

#000085973724000024 Filed on November 27, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3 2024
Revenue $987.9M $4.030B
YoY Change 0.36% 0.0%
Cost Of Revenue $430.2M $1.763B
YoY Change -1.65% -0.9%
Gross Profit $557.7M $2.267B
YoY Change 1.96% 9.44%
Gross Profit Margin 56.45% 56.25%
Selling, General & Admin $249.2M $994.8M
YoY Change 3.83% 0.73%
% of Gross Profit 44.68% 43.88%
Research & Development $67.30M $272.8M
YoY Change -7.3% -7.31%
% of Gross Profit 12.07% 12.03%
Depreciation & Amortization $74.60M $309.0M
YoY Change -8.13% 244.87%
% of Gross Profit 13.38% 13.63%
Operating Expenses $321.4M $1.297B
YoY Change 0.53% -7.58%
Operating Profit $236.3M $970.2M
YoY Change 3.96% 45.15%
Interest Expense -$3.600M -$15.10M
YoY Change -175.0% -113.59%
% of Operating Profit -1.52% -1.56%
Other Income/Expense, Net -$4.900M -$4.100M
YoY Change -183.05% 141.18%
Pretax Income $221.6M $865.1M
YoY Change 1731.4% 27.95%
Income Tax $43.00M $75.60M
% Of Pretax Income 19.4% 8.74%
Net Earnings $178.6M $789.5M
YoY Change -540.99% 73.14%
Net Earnings / Revenue 18.08% 19.59%
Basic Earnings Per Share $3.35
Diluted Earnings Per Share $0.76 $3.32
COMMON SHARES
Basic Shares Outstanding 226.9M shares 232.3M shares 235.7M shares
Diluted Shares Outstanding 237.6M shares

Balance Sheet

Concept 2024 Q4 2024 Q3 2024
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.334B $2.334B
YoY Change -15.6% -14.28%
Cash & Equivalents $2.160B $2.160B
Short-Term Investments $173.4M $173.4M
Other Short-Term Assets $209.5M $209.5M
YoY Change 1.01% -4.25%
Inventory $679.8M $679.8M
Prepaid Expenses
Receivables $600.4M $600.4M
Other Receivables $0.00 $0.00
Total Short-Term Assets $3.823B $3.823B
YoY Change -11.89% -8.63%
LONG-TERM ASSETS
Property, Plant & Equipment $537.8M $537.8M
YoY Change 9.02% -7.23%
Goodwill $3.443B
YoY Change 4.39%
Intangibles $844.6M
YoY Change -10.16%
Long-Term Investments $96.40M $96.40M
YoY Change 521.94%
Other Assets $410.8M $410.8M
YoY Change 53.86% 162.16%
Total Long-Term Assets $5.333B $5.333B
YoY Change 6.68% 7.63%
TOTAL ASSETS
Total Short-Term Assets $3.823B $3.823B
Total Long-Term Assets $5.333B $5.333B
Total Assets $9.156B $9.156B
YoY Change -1.95% 0.18%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $786.8M $786.8M
YoY Change 335.66% 349.09%
Accrued Expenses $579.7M $510.3M
YoY Change 8.74% 8.05%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $37.50M $37.50M
YoY Change 8.07% -87.07%
Total Short-Term Liabilities $1.037B $1.037B
YoY Change 5.7% -14.09%
LONG-TERM LIABILITIES
Long-Term Debt $2.497B $2.497B
YoY Change -10.99% -1.94%
Other Long-Term Liabilities $432.3M $432.3M
YoY Change 23.62% 24.08%
Total Long-Term Liabilities $2.929B $2.929B
YoY Change -7.16% 1.19%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.037B $1.037B
Total Long-Term Liabilities $2.929B $2.929B
Total Liabilities $4.026B $4.026B
YoY Change -3.13% -2.34%
SHAREHOLDERS EQUITY
Retained Earnings $2.846B
YoY Change 44.77%
Common Stock $3.000M
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.852B
YoY Change 37.77%
Treasury Stock Shares
Shareholders Equity $5.130B $5.130B
YoY Change
Total Liabilities & Shareholders Equity $9.156B $9.156B
YoY Change -1.95% 0.18%

Cashflow Statement

Concept 2024 Q4 2024 Q3 2024
OPERATING ACTIVITIES
Net Income $178.6M $789.5M
YoY Change -540.99% 73.14%
Depreciation, Depletion And Amortization $74.60M $309.0M
YoY Change -8.13% 244.87%
Cash From Operating Activities $367.0M $1.285B
YoY Change 10.28% 22.26%
INVESTING ACTIVITIES
Capital Expenditures $30.30M $140.2M
YoY Change -16.99% 52.72%
Acquisitions $297.3M
YoY Change 5846.0%
Other Investing Activities -$565.4M -$640.8M
YoY Change 25600.0% -8759.46%
Cash From Investing Activities -$595.7M -$781.0M
YoY Change 1439.28% 413.48%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$797.3M
YoY Change -267.92%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -56.80M -1.109B
YoY Change -48.18% 129.43%
NET CHANGE
Cash From Operating Activities 367.0M 1.285B
Cash From Investing Activities -595.7M -781.0M
Cash From Financing Activities -56.80M -1.109B
Net Change In Cash -285.5M -604.4M
YoY Change -254.74% -245.22%
FREE CASH FLOW
Cash From Operating Activities $367.0M $1.285B
Capital Expenditures $30.30M $140.2M
Free Cash Flow $336.7M $1.145B
YoY Change 13.63% 19.35%

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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%">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 the 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 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, supply chain constraints, inflation and interest rates, and dependence on key individuals.</span></div>
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<div style="margin-top:9pt"><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, available-for-sale debt securities, equity investments and trade accounts receivable. The Company invests its cash, cash equivalents and available-for-sale debt securities 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 28, 2024. 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 28, 2024 and September 30, 2023. There were no customers that represented greater than 10% of consolidated revenues for fiscal years 2024, 2023 and 2022
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LesseeOperatingAndFinanceLeasePeriodWithOptionToTerminate
P1Y
CY2024 holx Lessee Operating And Finance Leases Extension Period
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P10Y
CY2024 holx Lessee Operating And Finance Leases Weighted Average Discount Rate Percent
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0.0492
CY2024Q3 us-gaap Operating Lease Right Of Use Asset
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92200000 usd
CY2023Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
62700000 usd
CY2024Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
5000000.0 usd
CY2023Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
5600000 usd
CY2024Q3 us-gaap Operating Lease Liability Current
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24000000.0 usd
CY2023Q3 us-gaap Operating Lease Liability Current
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20400000 usd
CY2024Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
3300000 usd
CY2023Q3 us-gaap Finance Lease Liability Current
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3100000 usd
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
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83900000 usd
CY2023Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
47100000 usd
CY2024Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
12200000 usd
CY2023Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
15300000 usd
CY2024Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P5Y11M1D
CY2024Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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P4Y9M29D
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P4Y2M4D
CY2023Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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P5Y8M8D
CY2024Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.050
CY2024Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
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0.041
CY2023Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.029
CY2023Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.042
CY2024 us-gaap Operating Lease Cost
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41300000 usd
CY2023 us-gaap Operating Lease Cost
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29900000 usd
CY2024 us-gaap Finance Lease Right Of Use Asset Amortization
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CY2023 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
700000 usd
CY2024 us-gaap Finance Lease Interest Expense
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800000 usd
CY2023 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
800000 usd
CY2024 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
700000 usd
CY2023 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
900000 usd
CY2024 us-gaap Operating Lease Payments
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26100000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
28300000 usd
CY2024 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
3800000 usd
CY2023 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
4000000.0 usd
CY2024 holx Operating And Finance Lease Total Cash Paid For Amounts Included In Measurement Of Lease Liability
OperatingAndFinanceLeaseTotalCashPaidForAmountsIncludedInMeasurementOfLeaseLiability
30600000 usd
CY2023 holx Operating And Finance Lease Total Cash Paid For Amounts Included In Measurement Of Lease Liability
OperatingAndFinanceLeaseTotalCashPaidForAmountsIncludedInMeasurementOfLeaseLiability
33200000 usd
CY2024 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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60400000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
15700000 usd
CY2024 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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0 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
28700000 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
3800000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
25100000 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
3800000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
20800000 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
4000000.0 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
14400000 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
3000000.0 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
8000000.0 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
600000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
29600000 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
1700000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
126600000 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
16900000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
18700000 usd
CY2024Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
1400000 usd
CY2024Q3 us-gaap Operating Lease Liability
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107900000 usd
CY2024Q3 us-gaap Finance Lease Liability
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15500000 usd
CY2024Q3 holx Lease Revenue Percentage Of Total Revenue
LeaseRevenuePercentageOfTotalRevenue
0.03
CY2024Q3 holx Lease Receivable
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10400000 usd
CY2024 us-gaap Sublease Income
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1500000 usd
CY2023 us-gaap Sublease Income
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1100000 usd
CY2022 us-gaap Sublease Income
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2800000 usd
CY2024Q3 holx Sub Lease Rental Income Current
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1200000 usd
CY2024Q3 holx Sub Lease Rental Income Due In2 Years
SubLeaseRentalIncomeDueIn2Years
1100000 usd
CY2024Q3 holx Sub Lease Rental Income Due In3 Years
SubLeaseRentalIncomeDueIn3Years
1100000 usd
CY2024Q3 holx Sub Lease Rental Income Due In4 Years
SubLeaseRentalIncomeDueIn4Years
800000 usd
CY2024Q3 holx Sub Lease Rental Income Due In5years
SubLeaseRentalIncomeDueIn5years
400000 usd
CY2024Q3 holx Sub Lease Rental Income Due Thereafter
SubLeaseRentalIncomeDueThereafter
600000 usd
CY2024Q3 holx Sub Lease Rental Income
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5200000 usd
CY2022 us-gaap Equity Method Investment Other Than Temporary Impairment
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4000000 usd
CY2024Q3 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
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25300000 usd
CY2023Q3 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
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15500000 usd
CY2024Q3 us-gaap Long Term Debt Current
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37500000 usd
CY2023Q3 us-gaap Long Term Debt Current
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287000000.0 usd
CY2024Q3 holx Long Term Debt Obligations Without Convertible Notes
LongTermDebtObligationsWithoutConvertibleNotes
2497100000 usd
CY2023Q3 holx Long Term Debt Obligations Without Convertible Notes
LongTermDebtObligationsWithoutConvertibleNotes
2531200000 usd
CY2024Q3 us-gaap Long Term Debt
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2534600000 usd
CY2023Q3 us-gaap Long Term Debt
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2818200000 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
37500000 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
1160000000 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
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CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
400000000.0 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
950000000.0 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
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CY2024Q3 us-gaap Debt Longterm And Shortterm Combined Amount
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CY2024Q3 us-gaap Assets Fair Value Disclosure
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CY2024Q3 us-gaap Fair Value Liabilities Measured On Recurring Basis Obligations
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CY2024Q3 us-gaap Liabilities Fair Value Disclosure
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13900000 usd
CY2023Q3 us-gaap Assets Fair Value Disclosure
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35300000 usd
CY2023Q3 us-gaap Fair Value Liabilities Measured On Recurring Basis Obligations
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2000000.0 usd
CY2023Q3 us-gaap Liabilities Fair Value Disclosure
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CY2023Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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CY2022Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
23400000 usd
CY2021Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
75100000 usd
CY2024 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
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CY2023 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
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1100000 usd
CY2022 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
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CY2024 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Period Increase Decrease
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1700000 usd
CY2023 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Period Increase Decrease
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease
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CY2022 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Period Increase Decrease
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CY2024 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
2600000 usd
CY2023 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
7600000 usd
CY2022 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
12200000 usd
CY2024Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
1100000 usd
CY2023Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
2000000.0 usd
CY2022Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
23400000 usd
CY2023Q3 us-gaap Gain Loss On Disposition Of Assets1
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CY2023Q3 us-gaap Asset Impairment Charges
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186900000 usd
CY2023Q3 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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174800000 usd
CY2024Q3 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
2428400000 usd
CY2024 holx Short Term Investments Unrealized Gain
ShortTermInvestmentsUnrealizedGain
1600000 usd
CY2024 holx Short Term Investments Unrealized Loss
ShortTermInvestmentsUnrealizedLoss
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CY2024Q3 holx Cash Cash Equivalents And Short Term Investments Fair Value
CashCashEquivalentsAndShortTermInvestmentsFairValue
2430000000 usd
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2160200000 usd
CY2024Q3 us-gaap Investments
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269800000 usd
CY2024Q3 holx Debt Securities Available For Sale Fair Value Maturity Allocated And Single Maturity Date Due In Three Months Or Less
DebtSecuritiesAvailableForSaleFairValueMaturityAllocatedAndSingleMaturityDateDueInThreeMonthsOrLess
723100000 usd
CY2023Q3 holx Debt Securities Available For Sale Fair Value Maturity Allocated And Single Maturity Date Due In Three Months Or Less
DebtSecuritiesAvailableForSaleFairValueMaturityAllocatedAndSingleMaturityDateDueInThreeMonthsOrLess
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CY2024Q3 holx Debt Securities Available For Sale Fair Value Maturity Allocated And Single Maturity Date After Three Months Through One Year
DebtSecuritiesAvailableForSaleFairValueMaturityAllocatedAndSingleMaturityDateAfterThreeMonthsThroughOneYear
173400000 usd
CY2023Q3 holx Debt Securities Available For Sale Fair Value Maturity Allocated And Single Maturity Date After Three Months Through One Year
DebtSecuritiesAvailableForSaleFairValueMaturityAllocatedAndSingleMaturityDateAfterThreeMonthsThroughOneYear
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CY2024Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
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96400000 usd
CY2023Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
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CY2024Q3 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
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CY2023Q3 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
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CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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CY2024 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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255700000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
247900000 usd
CY2024 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
676100000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2024 us-gaap Current Federal Tax Expense Benefit
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CY2023 us-gaap Current Federal Tax Expense Benefit
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CY2022 us-gaap Current Federal Tax Expense Benefit
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CY2024 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2024 us-gaap Federal Income Tax Expense Benefit Continuing Operations
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CY2023 us-gaap Federal Income Tax Expense Benefit Continuing Operations
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CY2022 us-gaap Federal Income Tax Expense Benefit Continuing Operations
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CY2024 us-gaap Current State And Local Tax Expense Benefit
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CY2023 us-gaap Current State And Local Tax Expense Benefit
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CY2022 us-gaap Current State And Local Tax Expense Benefit
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CY2024 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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CY2024 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
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CY2023 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
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CY2022 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
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CY2024 us-gaap Current Foreign Tax Expense Benefit
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CY2023 us-gaap Current Foreign Tax Expense Benefit
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32700000 usd
CY2022 us-gaap Current Foreign Tax Expense Benefit
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CY2024 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2023 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2024 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
28200000 usd
CY2023 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
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CY2022 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
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CY2024 us-gaap Income Tax Expense Benefit
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CY2023 us-gaap Income Tax Expense Benefit
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CY2022 us-gaap Income Tax Expense Benefit
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CY2024 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.210
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2024 holx Effective Income Tax Reconciliation Loss On Sale Of Cynosure
EffectiveIncomeTaxReconciliationLossOnSaleOfCynosure
0
CY2023 holx Effective Income Tax Reconciliation Loss On Sale Of Cynosure
EffectiveIncomeTaxReconciliationLossOnSaleOfCynosure
0
CY2022 holx Effective Income Tax Reconciliation Loss On Sale Of Cynosure
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CY2024 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2023 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2024 holx Effective Income Tax Rate Reconciliation Federal Tax On Foreign Earnings Percent
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CY2023 holx Effective Income Tax Rate Reconciliation Federal Tax On Foreign Earnings Percent
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CY2022 holx Effective Income Tax Rate Reconciliation Federal Tax On Foreign Earnings Percent
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CY2024 holx Effective Income Tax Rate Reconciliation Benefit Expense Research And Development
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CY2023 holx Effective Income Tax Rate Reconciliation Benefit Expense Research And Development
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CY2022 holx Effective Income Tax Rate Reconciliation Benefit Expense Research And Development
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CY2024 holx Effective Income Tax Rate Reconciliation Unrecognized Tax Benefits
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CY2022 holx Effective Income Tax Rate Reconciliation Unrecognized Tax Benefits
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CY2024 holx Effective Income Tax Rate Reconciliation Non Deductible Expense Executive Compensation Cost
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CY2023 holx Effective Income Tax Rate Reconciliation Non Deductible Expense Executive Compensation Cost
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CY2022 holx Effective Income Tax Rate Reconciliation Non Deductible Expense Executive Compensation Cost
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CY2023 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
CY2024 holx Sharebased Compensation Arrangementby Sharebased Payment Award Cliff Vesting Periodfrom Grant Date
SharebasedCompensationArrangementbySharebasedPaymentAwardCliffVestingPeriodfromGrantDate
P3Y
CY2024 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
23300000 usd
CY2023 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
23900000 usd
CY2022 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
21800000 usd
CY2024Q3 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
82400000 usd
CY2023Q3 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
65400000 usd
CY2024Q3 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
475900000 usd
CY2024Q3 us-gaap Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
7300000 usd
CY2024Q3 us-gaap Purchase Obligation Due In Third Year
PurchaseObligationDueInThirdYear
3400000 usd
CY2024Q3 us-gaap Purchase Obligation Due In Fourth Year
PurchaseObligationDueInFourthYear
900000 usd
CY2024Q3 us-gaap Purchase Obligation Due In Fifth Year
PurchaseObligationDueInFifthYear
500000 usd
CY2024Q3 holx Purchaseobligationthereafter
Purchaseobligationthereafter
700000 usd
CY2024Q3 us-gaap Purchase Obligation
PurchaseObligation
488700000 usd
CY2022Q4 us-gaap Loss Contingency Number Of Plaintiffs
LossContingencyNumberOfPlaintiffs
100 plaintiff
CY2022Q4 us-gaap Loss Contingency Pending Claims Number
LossContingencyPendingClaimsNumber
1 claim
CY2024 us-gaap Revenues
Revenues
4030300000 usd
CY2023 us-gaap Revenues
Revenues
4030400000 usd
CY2022 us-gaap Revenues
Revenues
4862800000 usd
CY2024 us-gaap Operating Income Loss
OperatingIncomeLoss
882600000 usd
CY2023 us-gaap Operating Income Loss
OperatingIncomeLoss
668400000 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
1640200000 usd
CY2024 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
309000000.0 usd
CY2023 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
323400000 usd
CY2022 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
430100000 usd
CY2024 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
130200000 usd
CY2023 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
150200000 usd
CY2022 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
127200000 usd
CY2024Q3 us-gaap Assets
Assets
9156000000 usd
CY2023Q3 us-gaap Assets
Assets
9139300000 usd
CY2022Q3 us-gaap Assets
Assets
9071200000 usd
CY2024 holx Percentage Of Revenues
PercentageOfRevenues
1.000
CY2023 holx Percentage Of Revenues
PercentageOfRevenues
1.000
CY2022 holx Percentage Of Revenues
PercentageOfRevenues
1.000
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
537800000 usd
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
517000000.0 usd
CY2022Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
481600000 usd
CY2024Q3 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
289000000.0 usd
CY2023Q3 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
280100000 usd
CY2024Q3 holx Accrued Income And Other Taxes
AccruedIncomeAndOtherTaxes
69400000 usd
CY2023Q3 holx Accrued Income And Other Taxes
AccruedIncomeAndOtherTaxes
62300000 usd
CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
24000000.0 usd
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
20400000 usd
CY2024Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
197300000 usd
CY2023Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
171800000 usd
CY2024Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
579700000 usd
CY2023Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
534600000 usd
CY2024Q3 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
311800000 usd
CY2023Q3 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
274300000 usd
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
83900000 usd
CY2023Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
47100000 usd
CY2024Q3 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
10600000 usd
CY2024Q3 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
10600000 usd
CY2023Q3 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
13200000 usd
CY2024Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
406300000 usd
CY2023Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
334600000 usd

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