2022 Q3 Form 10-Q Financial Statement

#000005125322000024 Filed on August 08, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $3.063B $3.307B $3.226B
YoY Change -0.26% 7.06% 30.87%
Cost Of Revenue $2.062B $2.171B $2.081B
YoY Change 4.09% -0.37% 21.62%
Gross Profit $1.001B $1.136B $1.145B
YoY Change -8.17% 24.84% 51.86%
Gross Profit Margin 32.68% 34.35% 35.49%
Selling, General & Admin $413.0M $456.0M $459.0M
YoY Change -5.28% 10.68% 1.77%
% of Gross Profit 41.26% 40.14% 40.09%
Research & Development $145.0M $158.0M $157.0M
YoY Change -7.05% -3.66% 9.79%
% of Gross Profit 14.49% 13.91% 13.71%
Depreciation & Amortization $111.0M $301.0M $303.0M
YoY Change -62.63% -6.52% 25.21%
% of Gross Profit 11.09% 26.5% 26.46%
Operating Expenses $558.0M $614.0M $616.0M
YoY Change -5.74% 6.6% 3.7%
Operating Profit -$1.985B $213.0M $341.0M
YoY Change -766.11% 93.64% 8425.0%
Interest Expense $83.00M $77.00M $72.00M
YoY Change 12.16% 0.0% 10.77%
% of Operating Profit 36.15% 21.11%
Other Income/Expense, Net $33.00M -$6.000M $16.00M
YoY Change 26.92% -154.55% 128.57%
Pretax Income -$2.035B $130.0M $285.0M
YoY Change -914.0% 195.45% -627.78%
Income Tax $160.0M $21.00M $39.00M
% Of Pretax Income 16.15% 13.68%
Net Earnings -$2.197B $107.0M $244.0M
YoY Change -1232.47% 282.14% -680.95%
Net Earnings / Revenue -71.73% 3.24% 7.56%
Basic Earnings Per Share -$8.60 $0.43 $0.96
Diluted Earnings Per Share -$8.60 $0.43 $0.96
COMMON SHARES
Basic Shares Outstanding 254.9M shares 255.0M shares 255.0M shares
Diluted Shares Outstanding 255.0M shares 255.0M shares 255.0M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $538.0M $569.0M $657.0M
YoY Change -19.94% -39.14% -24.66%
Cash & Equivalents $538.0M $569.0M $657.0M
Short-Term Investments
Other Short-Term Assets $793.0M $778.0M $750.0M
YoY Change 10.6% -6.49% 9.81%
Inventory $3.122B $2.993B $2.795B
Prepaid Expenses $348.0M $344.0M $328.0M
Receivables $2.031B $2.180B $2.160B
Other Receivables $296.0M $296.0M $303.0M
Total Short-Term Assets $6.494B $7.730B $7.507B
YoY Change -8.95% 22.76% 21.59%
LONG-TERM ASSETS
Property, Plant & Equipment $4.055B $4.177B $4.295B
YoY Change -5.59% -8.52% -6.37%
Goodwill $13.31B $16.07B $16.30B
YoY Change -19.8% -6.83% -4.71%
Intangibles
YoY Change
Long-Term Investments $10.00M $84.00M $85.00M
YoY Change
Other Assets $663.0M $726.0M $654.0M
YoY Change 32.07% 40.15% 31.59%
Total Long-Term Assets $28.04B $31.57B $32.24B
YoY Change -15.33% -8.66% -6.94%
TOTAL ASSETS
Total Short-Term Assets $6.494B $7.730B $7.507B
Total Long-Term Assets $28.04B $31.57B $32.24B
Total Assets $34.54B $39.30B $39.75B
YoY Change -14.2% -3.82% -2.62%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.527B $1.576B $1.629B
YoY Change 14.64% 13.46% 21.84%
Accrued Expenses $576.0M $554.0M $509.0M
YoY Change 7.26% 56.94% 129.28%
Deferred Revenue
YoY Change
Short-Term Debt $209.0M $796.0M $639.0M
YoY Change 1.46% 8744.44% 5709.09%
Long-Term Debt Due $512.0M $1.749B $939.0M
YoY Change -27.68% 183.93% 49.52%
Total Short-Term Liabilities $3.626B $4.720B $4.032B
YoY Change 1.31% 46.27% 23.64%
LONG-TERM LIABILITIES
Long-Term Debt $10.26B $10.36B $10.74B
YoY Change -5.16% -8.73% -5.23%
Other Long-Term Liabilities $472.0M $462.0M $426.0M
YoY Change -1.26% -3.14% -9.17%
Total Long-Term Liabilities $13.92B $14.21B $14.65B
YoY Change -7.77% -9.74% -7.13%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.626B $4.720B $4.032B
Total Long-Term Liabilities $13.92B $14.21B $14.65B
Total Liabilities $17.55B $18.93B $18.68B
YoY Change -6.03% -0.21% -1.85%
SHAREHOLDERS EQUITY
Retained Earnings $1.186B $3.589B $3.683B
YoY Change -68.39% -4.52% -6.09%
Common Stock $19.87B $19.86B $19.86B
YoY Change 0.08% 0.14% 0.14%
Preferred Stock
YoY Change
Treasury Stock (at cost) $979.0M $980.0M $986.0M
YoY Change -1.9% -1.8% -2.18%
Treasury Stock Shares 20.78M shares 20.78M shares 20.92M shares
Shareholders Equity $16.89B $20.26B $20.93B
YoY Change
Total Liabilities & Shareholders Equity $34.54B $39.30B $39.75B
YoY Change -14.2% -3.82% -2.62%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income -$2.197B $107.0M $244.0M
YoY Change -1232.47% 282.14% -680.95%
Depreciation, Depletion And Amortization $111.0M $301.0M $303.0M
YoY Change -62.63% -6.52% 25.21%
Cash From Operating Activities $289.0M -$96.00M -$4.000M
YoY Change -32.48% -128.24% -101.12%
INVESTING ACTIVITIES
Capital Expenditures -$108.0M -$104.0M $132.0M
YoY Change 33.33% 44.44% 41.94%
Acquisitions
YoY Change
Other Investing Activities $1.341B -$121.0M $13.00M
YoY Change 964.29% 830.77% -93.75%
Cash From Investing Activities $1.233B -$225.0M -$121.0M
YoY Change 2640.0% 164.71% -205.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $0.00
YoY Change -100.0%
Cash From Financing Activities -1.464B 282.0M $95.00M
YoY Change 146.05% -233.02% -144.19%
NET CHANGE
Cash From Operating Activities 289.0M -96.00M -$4.000M
Cash From Investing Activities 1.233B -225.0M -$121.0M
Cash From Financing Activities -1.464B 282.0M $95.00M
Net Change In Cash 58.00M -39.00M -$54.00M
YoY Change -147.54% -190.7% -124.43%
FREE CASH FLOW
Cash From Operating Activities $289.0M -$96.00M -$4.000M
Capital Expenditures -$108.0M -$104.0M $132.0M
Free Cash Flow $397.0M $8.000M -$136.0M
YoY Change -22.0% -98.06% -151.32%

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us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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CY2022Q2 us-gaap Treasury Stock Shares
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CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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<div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:6pt;text-align:justify;text-indent:18pt"><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 (“U.S. GAAP”) requires management to make estimates and judgments that affect the amounts reported in the Consolidated Financial Statements and accompanying notes. The inputs into our judgments and estimates take into account the current economic implications of the novel coronavirus (“COVID-19”) and the impairment of assets arising from the recent events in Russia and Ukraine on our critical and significant accounting estimates, including estimates associated with future cash flows that are used in assessing the risk of impairment of certain long-lived assets. Actual results could differ from those estimates.</span></div>
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2021Q2 us-gaap Restricted Cash Current
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CY2020Q4 us-gaap Restricted Cash Noncurrent
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CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021Q2 iff Increase Decrease In Redemption Value Redeemable Noncontrolling Interest
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CY2022Q2 us-gaap Accounts Receivable Gross
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CY2022Q2 us-gaap Receivables Net Current
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CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable
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AccountsReceivablesOutstandingLessThan90Days
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CY2022Q2 iff Accounts Receivables Outstanding By Over365 Days
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CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
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us-gaap Provision For Doubtful Accounts
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us-gaap Allowance For Doubtful Accounts Receivable Write Offs
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CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
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us-gaap Net Income Loss Available To Common Stockholders Basic
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us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2022Q2 iff Increase Decrease In Redemption Value Redeemable Noncontrolling Interest
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iff Increase Decrease In Redemption Value Redeemable Noncontrolling Interest
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iff Increase Decrease In Redemption Value Redeemable Noncontrolling Interest
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CY2022Q2 iff Net Income Loss Available To Common Stockholders Adjustment
NetIncomeLossAvailableToCommonStockholdersAdjustment
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CY2021Q2 iff Net Income Loss Available To Common Stockholders Adjustment
NetIncomeLossAvailableToCommonStockholdersAdjustment
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iff Net Income Loss Available To Common Stockholders Adjustment
NetIncomeLossAvailableToCommonStockholdersAdjustment
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iff Net Income Loss Available To Common Stockholders Adjustment
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CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
255000000 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2021Q2 us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
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CY2021Q2 us-gaap Earnings Per Share Diluted
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Earnings Per Share Diluted
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CY2021Q2 us-gaap Common Stock Dividends Per Share Declared
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us-gaap Common Stock Dividends Per Share Declared
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us-gaap Common Stock Dividends Per Share Declared
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us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2021Q3 us-gaap Stock Issued During Period Shares Issued For Services
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iff Tangible Equity Units Pricefor Shares Basic
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iff Tangible Equity Units Pricefor Shares Diluted
TangibleEquityUnitsPriceforSharesDiluted
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iff Participating Securities Distributed And Undistributed Earnings Loss Difference Between Basic And Diluted Net Income Per Share
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0.01
CY2021Q2 iff Participating Securities Distributed And Undistributed Earnings Loss Difference Between Basic And Diluted Net Income Per Share
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0.01
CY2022Q2 iff Participating Securities Distributed And Undistributed Earnings Loss Difference Between Basic And Diluted Net Income Per Share
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0.01
CY2021Q4 us-gaap Restructuring Reserve
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us-gaap Payments For Restructuring
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CY2022Q2 us-gaap Restructuring Reserve
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CY2021Q2 us-gaap Restructuring Charges
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us-gaap Restructuring Charges
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us-gaap Restructuring Charges
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CY2021Q4 us-gaap Goodwill
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us-gaap Goodwill Acquired During Period
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us-gaap Goodwill Transfers
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us-gaap Goodwill Foreign Currency Translation Gain Loss
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CY2022Q2 us-gaap Goodwill
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CY2022Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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CY2021Q2 us-gaap Amortization Of Intangible Assets
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us-gaap Amortization Of Intangible Assets
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us-gaap Amortization Of Intangible Assets
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CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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CY2022Q2 us-gaap Value Added Tax Receivable Current
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CY2022Q2 us-gaap Finance Lease Right Of Use Asset
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CY2021Q4 us-gaap Deferred Income Taxes And Other Assets Noncurrent
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CY2022Q2 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
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CY2021Q4 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
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CY2022Q2 us-gaap Cash Surrender Value Of Life Insurance
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CY2022Q2 us-gaap Sales And Excise Tax Payable Current
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CY2022Q2 us-gaap Interest Payable Current
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CY2022Q2 us-gaap Restructuring Reserve
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CY2021Q4 us-gaap Operating Lease Liability Current
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CY2022Q2 us-gaap Finance Lease Liability Current
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CY2021Q4 us-gaap Finance Lease Liability Current
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CY2022Q2 us-gaap Accrued Income Taxes Current
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CY2021Q4 us-gaap Other Accounts Payable And Accrued Liabilities
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CY2022Q2 us-gaap Other Sundry Liabilities Current
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CY2021Q4 us-gaap Other Sundry Liabilities Current
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CY2022Q2 us-gaap Other Liabilities Current
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CY2021Q4 us-gaap Other Liabilities Current
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CY2022Q2 us-gaap Lessee Operating Lease Renewal Term
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CY2022Q2 us-gaap Lessee Operating Lease Remaining Lease Term
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us-gaap Repayments Of Commercial Paper
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us-gaap Proceeds From Issuance Of Commercial Paper
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CY2021Q2 us-gaap Operating Lease Cost
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us-gaap Operating Lease Cost
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us-gaap Operating Lease Cost
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CY2021Q2 iff Finance Lease Cost
FinanceLeaseCost
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iff Finance Lease Cost
FinanceLeaseCost
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iff Finance Lease Cost
FinanceLeaseCost
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us-gaap Operating Lease Payments
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us-gaap Operating Lease Payments
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us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
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us-gaap Finance Lease Principal Payments
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us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
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us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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CY2022Q2 iff Deferred Tax Liability Domestic Earnings Repatriated
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92000000 usd
CY2022Q2 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
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CY2021Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.318
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.145
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
CY2022Q2 us-gaap Allocated Share Based Compensation Expense
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CY2021Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
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us-gaap Allocated Share Based Compensation Expense
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us-gaap Allocated Share Based Compensation Expense
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CY2022Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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CY2021Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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CY2022Q2 us-gaap Allocated Share Based Compensation Expense Net Of Tax
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us-gaap Allocated Share Based Compensation Expense Net Of Tax
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us-gaap Allocated Share Based Compensation Expense Net Of Tax
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CY2022Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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us-gaap Number Of Operating Segments
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iff Number Of Fragrance Categories
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2021Q2 iff Segment Adjusted Operating Ebitda
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iff Segment Adjusted Operating Ebitda
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iff Segment Adjusted Operating Ebitda
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us-gaap Other Depreciation And Amortization
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us-gaap Other Depreciation And Amortization
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us-gaap Interest Expense
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us-gaap Interest Expense
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us-gaap Other Nonoperating Income Expense
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us-gaap Other Nonoperating Income Expense
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CY2021Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
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us-gaap Business Combination Acquisition Related Costs
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us-gaap Business Combination Acquisition Related Costs
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GainLossOnDispositionOfAssets
2000000 usd
CY2021Q2 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
0 usd
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
2000000 usd
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
0 usd
CY2022Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
120000000 usd
CY2021Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
120000000 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2022Q2 iff Shareholder Activism Related Costs
ShareholderActivismRelatedCosts
0 usd
CY2021Q2 iff Shareholder Activism Related Costs
ShareholderActivismRelatedCosts
0 usd
iff Shareholder Activism Related Costs
ShareholderActivismRelatedCosts
3000000 usd
iff Shareholder Activism Related Costs
ShareholderActivismRelatedCosts
7000000 usd
CY2022Q2 iff Business Divestiture Costs
BusinessDivestitureCosts
30000000 usd
CY2021Q2 iff Business Divestiture Costs
BusinessDivestitureCosts
5000000 usd
iff Business Divestiture Costs
BusinessDivestitureCosts
60000000 usd
iff Business Divestiture Costs
BusinessDivestitureCosts
5000000 usd
CY2022Q2 us-gaap Severance Costs1
SeveranceCosts1
0 usd
CY2021Q2 us-gaap Severance Costs1
SeveranceCosts1
3000000 usd
us-gaap Severance Costs1
SeveranceCosts1
4000000 usd
us-gaap Severance Costs1
SeveranceCosts1
6000000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
130000000 usd
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
44000000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
415000000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-10000000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3307000000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3089000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6533000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5554000000 usd
CY2022Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
68000000 usd
CY2022Q2 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
7000000 usd
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
7000000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
104000000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
-20000000 usd
CY2022Q2 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
0 usd
CY2021Q2 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-2000000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
126000000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
58000000 usd
us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
0 usd
us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-4000000 usd
CY2022Q2 iff Bank Guarantees Related To Appeals On Income Tax And Indirect Tax Cases
BankGuaranteesRelatedToAppealsOnIncomeTaxAndIndirectTaxCases
14000000 usd
CY2022Q2 iff Bank Guarantees And Standby Letters Of Credit Amount Outstanding
BankGuaranteesAndStandbyLettersOfCreditAmountOutstanding
25000000 usd
CY2022Q2 iff Commercial Guarantees Amount Outstanding
CommercialGuaranteesAmountOutstanding
103000000 usd
CY2022Q2 iff Amount Of Available Lines Of Credit
AmountOfAvailableLinesOfCredit
1863000000 usd
CY2022Q2 iff Lines Of Credit Facility Current Borrowing Amount Total Amount Drawn Down
LinesOfCreditFacilityCurrentBorrowingAmountTotalAmountDrawnDown
1153000000 usd
CY2022Q2 us-gaap Commercial Paper
CommercialPaper
792000000 usd
CY2022Q2 iff Bank Guarantees And Pledged Assets To Pursue Defenses Related To Other Contingencies
BankGuaranteesAndPledgedAssetsToPursueDefensesRelatedToOtherContingencies
22000000 usd

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