2018 Q1 Form 10-Q Financial Statement
#000021622818000012 Filed on May 04, 2018
Income Statement
Concept | 2018 Q1 | 2017 Q1 |
---|---|---|
Revenue | $689.3M | $625.8M |
YoY Change | 10.15% | 2.74% |
Cost Of Revenue | $465.1M | $422.7M |
YoY Change | 10.03% | 2.15% |
Gross Profit | $224.2M | $203.1M |
YoY Change | 10.39% | 3.99% |
Gross Profit Margin | 32.53% | 32.45% |
Selling, General & Admin | $108.6M | $108.8M |
YoY Change | -0.18% | -3.12% |
% of Gross Profit | 48.44% | 53.57% |
Research & Development | $24.70M | $22.40M |
YoY Change | 10.27% | 16.67% |
% of Gross Profit | 11.02% | 11.03% |
Depreciation & Amortization | $27.60M | $24.80M |
YoY Change | 11.29% | -1.98% |
% of Gross Profit | 12.31% | 12.21% |
Operating Expenses | $133.3M | $131.2M |
YoY Change | 1.6% | -0.23% |
Operating Profit | $110.6M | $57.00M |
YoY Change | 94.04% | 11.76% |
Interest Expense | -$1.800M | -$800.0K |
YoY Change | 125.0% | -52.94% |
% of Operating Profit | -1.63% | -1.4% |
Other Income/Expense, Net | -$1.800M | -$2.200M |
YoY Change | -18.18% | 29.41% |
Pretax Income | $108.8M | $54.80M |
YoY Change | 98.54% | 11.16% |
Income Tax | $7.600M | $9.100M |
% Of Pretax Income | 6.99% | 16.61% |
Net Earnings | $101.2M | $46.00M |
YoY Change | 120.0% | 22.99% |
Net Earnings / Revenue | 14.68% | 7.35% |
Basic Earnings Per Share | $1.15 | $0.52 |
Diluted Earnings Per Share | $1.14 | $0.52 |
COMMON SHARES | ||
Basic Shares Outstanding | 88.00M shares | 88.50M shares |
Diluted Shares Outstanding | 89.00M shares | 89.20M shares |
Balance Sheet
Concept | 2018 Q1 | 2017 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $439.0M | $398.0M |
YoY Change | 10.3% | -20.24% |
Cash & Equivalents | $438.7M | $348.5M |
Short-Term Investments | $49.00M | |
Other Short-Term Assets | $173.0M | $142.0M |
YoY Change | 21.83% | -37.44% |
Inventory | $404.9M | $311.5M |
Prepaid Expenses | ||
Receivables | $581.0M | $550.0M |
Other Receivables | $26.00M | $27.00M |
Total Short-Term Assets | $1.598B | $1.379B |
YoY Change | 15.89% | -11.96% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $526.6M | $481.5M |
YoY Change | 9.37% | 8.69% |
Goodwill | $895.7M | $865.7M |
YoY Change | 3.47% | 9.92% |
Intangibles | $151.8M | $156.7M |
YoY Change | -3.13% | -13.52% |
Long-Term Investments | $7.400M | |
YoY Change | ||
Other Assets | $202.8M | $186.1M |
YoY Change | 8.97% | 4.96% |
Total Long-Term Assets | $2.274B | $2.292B |
YoY Change | -0.79% | 2.16% |
TOTAL ASSETS | ||
Total Short-Term Assets | $1.598B | $1.379B |
Total Long-Term Assets | $2.274B | $2.292B |
Total Assets | $3.872B | $3.670B |
YoY Change | 5.48% | -3.64% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $367.0M | $313.6M |
YoY Change | 17.03% | 6.85% |
Accrued Expenses | $394.2M | $359.1M |
YoY Change | 9.77% | -6.8% |
Deferred Revenue | $61.70M | |
YoY Change | ||
Short-Term Debt | $246.5M | $100.0M |
YoY Change | 146.5% | -33.82% |
Long-Term Debt Due | $1.400M | $1.100M |
YoY Change | 27.27% | 0.0% |
Total Short-Term Liabilities | $1.009B | $885.8M |
YoY Change | 13.92% | -7.15% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $8.000M | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $181.4M | $174.1M |
YoY Change | 4.19% | -18.91% |
Total Long-Term Liabilities | $1.202B | $1.293B |
YoY Change | -7.02% | -9.75% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $1.009B | $885.8M |
Total Long-Term Liabilities | $1.202B | $1.293B |
Total Liabilities | $2.211B | $2.178B |
YoY Change | 1.5% | -8.71% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $1.892B | $1.833B |
YoY Change | 3.23% | 6.1% |
Common Stock | $87.40M | $88.70M |
YoY Change | -1.47% | -1.44% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $1.659B | $1.490B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $3.872B | $3.670B |
YoY Change | 5.48% | -3.64% |
Cashflow Statement
Concept | 2018 Q1 | 2017 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $101.2M | $46.00M |
YoY Change | 120.0% | 22.99% |
Depreciation, Depletion And Amortization | $27.60M | $24.80M |
YoY Change | 11.29% | -1.98% |
Cash From Operating Activities | $41.20M | $26.30M |
YoY Change | 56.65% | 99.24% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$28.70M | -$36.70M |
YoY Change | -21.8% | 74.76% |
Acquisitions | $0.00 | $113.7M |
YoY Change | -100.0% | 56750.0% |
Other Investing Activities | -$500.0K | -$300.0K |
YoY Change | 66.67% | 200.0% |
Cash From Investing Activities | -$28.20M | -$150.1M |
YoY Change | -81.21% | 505.24% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $54.70M | -$3.600M |
YoY Change | -1619.44% | -550.0% |
Debt Paid & Issued, Net | $1.500M | $300.0K |
YoY Change | 400.0% | 0.0% |
Cash From Financing Activities | 27.70M | 3.700M |
YoY Change | 648.65% | -78.11% |
NET CHANGE | ||
Cash From Operating Activities | 41.20M | 26.30M |
Cash From Investing Activities | -28.20M | -150.1M |
Cash From Financing Activities | 27.70M | 3.700M |
Net Change In Cash | 40.70M | -120.1M |
YoY Change | -133.89% | -2366.04% |
FREE CASH FLOW | ||
Cash From Operating Activities | $41.20M | $26.30M |
Capital Expenditures | -$28.70M | -$36.70M |
Free Cash Flow | $69.90M | $63.00M |
YoY Change | 10.95% | 84.21% |
Facts In Submission
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|
250000000 | shares |
CY2017Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
88200000 | shares |
CY2018Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
87400000 | shares |
CY2017Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
88200000 | shares |
CY2018Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
87400000 | shares |
CY2017Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
88200000 | USD |
CY2018Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
87400000 | USD |
CY2017Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
66300000 | USD |
CY2018Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
128800000 | USD |
CY2017Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-400000 | USD |
CY2018Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
100000 | USD |
CY2017Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
65900000 | USD |
CY2018Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
128900000 | USD |
CY2017Q4 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
58400000 | USD |
CY2018Q1 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
66100000 | USD |
CY2017Q4 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
0 | USD |
CY2018Q1 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
25800000 | USD |
CY2018Q1 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
43200000 | USD |
CY2018Q1 | us-gaap |
Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
|
700000 | USD |
CY2018Q1 | us-gaap |
Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
|
0 | USD |
CY2018Q1 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
57500000 | USD |
CY2018Q1 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
61700000 | USD |
CY2018Q1 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
30900000 | USD |
CY2017Q1 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
422700000 | USD |
CY2018Q1 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
465100000 | USD |
CY2017Q4 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
171900000 | USD |
CY2018Q1 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
255900000 | USD |
CY2017Q4 | us-gaap |
Debt Current
DebtCurrent
|
163600000 | USD |
CY2018Q1 | us-gaap |
Debt Current
DebtCurrent
|
247900000 | USD |
CY2017Q4 | us-gaap |
Deferred Income Taxes And Other Tax Liabilities Noncurrent
DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent
|
19300000 | USD |
CY2018Q1 | us-gaap |
Deferred Income Taxes And Other Tax Liabilities Noncurrent
DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent
|
35700000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
149900000 | USD |
CY2018Q1 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
167000000 | USD |
CY2017Q1 | us-gaap |
Defined Benefit Plan Administration Expenses
DefinedBenefitPlanAdministrationExpenses
|
800000 | USD |
CY2018Q1 | us-gaap |
Defined Benefit Plan Administration Expenses
DefinedBenefitPlanAdministrationExpenses
|
900000 | USD |
CY2017Q1 | us-gaap |
Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
|
-2800000 | USD |
CY2018Q1 | us-gaap |
Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
|
-2600000 | USD |
CY2017Q1 | us-gaap |
Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
|
-1200000 | USD |
CY2018Q1 | us-gaap |
Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
|
-1100000 | USD |
CY2017Q1 | us-gaap |
Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
|
3500000 | USD |
CY2018Q1 | us-gaap |
Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
|
3500000 | USD |
CY2017Q1 | us-gaap |
Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
|
3900000 | USD |
CY2018Q1 | us-gaap |
Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
|
3500000 | USD |
CY2017Q1 | us-gaap |
Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
|
4100000 | USD |
CY2018Q1 | us-gaap |
Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
|
3900000 | USD |
CY2017Q1 | us-gaap |
Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
|
2600000 | USD |
CY2017Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
24800000 | USD |
CY2018Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
27600000 | USD |
CY2017Q1 | us-gaap |
Depreciation
Depreciation
|
18300000 | USD |
CY2018Q1 | us-gaap |
Depreciation
Depreciation
|
20700000 | USD |
CY2018Q1 | us-gaap |
Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
|
2500000 | USD |
CY2017Q1 | us-gaap |
Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
|
800000 | USD |
CY2018Q1 | us-gaap |
Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
|
600000 | USD |
CY2017Q1 | us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
-100000 | USD |
CY2018Q1 | us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
100000 | USD |
CY2017Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.52 | |
CY2018Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.15 | |
CY2017Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.52 | |
CY2018Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.14 | |
CY2017Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
7900000 | USD |
CY2018Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
8200000 | USD |
CY2017Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.166 | |
CY2018Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.070 | |
CY2017Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
147200000 | USD |
CY2018Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
120000000 | USD |
CY2017Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
6700000 | USD |
CY2018Q1 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
7400000 | USD |
CY2017Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
105400000 | USD |
CY2018Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
110300000 | USD |
CY2017Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
234100000 | USD |
CY2018Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
234400000 | USD |
CY2017Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
128700000 | USD |
CY2018Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
124100000 | USD |
CY2017Q4 | us-gaap |
Furniture And Fixtures Gross
FurnitureAndFixturesGross
|
74500000 | USD |
CY2018Q1 | us-gaap |
Furniture And Fixtures Gross
FurnitureAndFixturesGross
|
75100000 | USD |
CY2017Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
65700000 | USD |
CY2018Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
65100000 | USD |
CY2017Q4 | us-gaap |
Goodwill
Goodwill
|
886800000 | USD |
CY2018Q1 | us-gaap |
Goodwill
Goodwill
|
895700000 | USD |
CY2018Q1 | us-gaap |
Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
|
-5600000 | USD |
CY2018Q1 | us-gaap |
Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
|
3300000 | USD |
CY2017Q1 | us-gaap |
Gross Profit
GrossProfit
|
203100000 | USD |
CY2018Q1 | us-gaap |
Gross Profit
GrossProfit
|
224200000 | USD |
CY2017Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
46100000 | USD |
CY2018Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
101100000 | USD |
CY2017Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
54800000 | USD |
CY2018Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
108800000 | USD |
CY2017Q1 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
45700000 | USD |
CY2018Q1 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
101200000 | USD |
CY2017Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.52 | |
CY2018Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
1.15 | |
CY2017Q1 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.52 | |
CY2018Q1 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
1.14 | |
CY2017Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
-100000 | USD |
CY2018Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
0.00 | |
CY2017Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0.00 | |
CY2018Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
100000 | USD |
CY2017Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
0.00 | |
CY2018Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0.00 | |
CY2017Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
9100000 | USD |
CY2018Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
7600000 | USD |
CY2017Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
13200000 | USD |
CY2018Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
7000000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
2500000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
10400000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-3500000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-31200000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
1600000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
20700000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
7700000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
3600000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
34700000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
13300000 | USD |
CY2017Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
700000 | shares |
CY2018Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1000000 | shares |
CY2017Q4 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
27500000 | USD |
CY2018Q1 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
27700000 | USD |
CY2017Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
156200000 | USD |
CY2018Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
151800000 | USD |
CY2017Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
1000000 | USD |
CY2018Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
1000000 | USD |
CY2017Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
55900000 | USD |
CY2018Q1 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
62700000 | USD |
CY2017Q4 | us-gaap |
Inventory For Long Term Contracts Or Programs
InventoryForLongTermContractsOrPrograms
|
38100000 | USD |
CY2018Q1 | us-gaap |
Inventory For Long Term Contracts Or Programs
InventoryForLongTermContractsOrPrograms
|
40900000 | USD |
CY2017Q4 | us-gaap |
Inventory Net
InventoryNet
|
311900000 | USD |
CY2018Q1 | us-gaap |
Inventory Net
InventoryNet
|
404900000 | USD |
CY2017Q4 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
184400000 | USD |
CY2018Q1 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
212400000 | USD |
CY2017Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
54800000 | USD |
CY2018Q1 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
88900000 | USD |
CY2017Q4 | us-gaap |
Land
Land
|
28700000 | USD |
CY2018Q1 | us-gaap |
Land
Land
|
29200000 | USD |
CY2017Q4 | us-gaap |
Liabilities
Liabilities
|
2102400000 | USD |
CY2018Q1 | us-gaap |
Liabilities
Liabilities
|
2211000000 | USD |
CY2017Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
3700200000 | USD |
CY2018Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
3871500000 | USD |
CY2017Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
899400000 | USD |
CY2018Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1009100000 | USD |
CY2017Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
1203000000 | USD |
CY2018Q1 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
1201900000 | USD |
CY2017Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
8300000 | USD |
CY2018Q1 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
8000000 | USD |
CY2017Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
1200000 | USD |
CY2018Q1 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
1400000 | USD |
CY2017Q1 | us-gaap |
Loss Contingency Accrual Carrying Value Noncurrent
LossContingencyAccrualCarryingValueNoncurrent
|
866600000 | USD |
CY2017Q4 | us-gaap |
Loss Contingency Accrual Carrying Value Noncurrent
LossContingencyAccrualCarryingValueNoncurrent
|
800100000 | USD |
CY2018Q1 | us-gaap |
Loss Contingency Accrual Carrying Value Noncurrent
LossContingencyAccrualCarryingValueNoncurrent
|
792900000 | USD |
CY2017Q4 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
1039900000 | USD |
CY2018Q1 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
1062300000 | USD |
CY2017Q4 | us-gaap |
Minority Interest
MinorityInterest
|
1700000 | USD |
CY2018Q1 | us-gaap |
Minority Interest
MinorityInterest
|
1900000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
|
-800000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
|
-1200000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
3700000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
27700000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-150100000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-28200000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
26900000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
42400000 | USD |
CY2017Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
46000000 | USD |
CY2018Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
101200000 | USD |
CY2017Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-400000 | USD |
CY2018Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
100000 | USD |
CY2017Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-2200000 | USD |
CY2018Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-1800000 | USD |
CY2017Q4 | us-gaap |
Notes And Loans Receivable Gross Current
NotesAndLoansReceivableGrossCurrent
|
3900000 | USD |
CY2018Q1 | us-gaap |
Notes And Loans Receivable Gross Current
NotesAndLoansReceivableGrossCurrent
|
4400000 | USD |
CY2018Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
3 | Segment |
CY2017Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
57000000 | USD |
CY2018Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
110600000 | USD |
CY2017Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
38700000 | USD |
CY2018Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
39500000 | USD |
CY2017Q4 | us-gaap |
Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
|
56300000 | USD |
CY2018Q1 | us-gaap |
Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
|
51600000 | USD |
CY2017Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
147400000 | USD |
CY2018Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
173000000 | USD |
CY2017Q4 | us-gaap |
Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
|
1500000 | USD |
CY2018Q1 | us-gaap |
Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
|
1400000 | USD |
CY2017Q4 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
18500000 | USD |
CY2018Q1 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
19200000 | USD |
CY2017Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
202900000 | USD |
CY2018Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
202800000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
|
-900000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
|
-500000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
|
-500000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
|
-400000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
|
-700000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
|
-200000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
19200000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
26500000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
20300000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
27600000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-1100000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-1100000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
|
-1800000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
|
-2000000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
|
-1000000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
|
-600000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
|
1100000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
|
1100000 | USD |
CY2017Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
175600000 | USD |
CY2018Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
181400000 | USD |
CY2017Q4 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
50900000 | USD |
CY2018Q1 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
56700000 | USD |
CY2017Q4 | us-gaap |
Other Receivables
OtherReceivables
|
40400000 | USD |
CY2018Q1 | us-gaap |
Other Receivables
OtherReceivables
|
21800000 | USD |
CY2017Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-300000 | USD |
CY2018Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-500000 | USD |
CY2017Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
2300000 | USD |
CY2018Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
55300000 | USD |
CY2017Q1 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
5400000 | USD |
CY2018Q1 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
2400000 | USD |
CY2017Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
200000 | USD |
CY2018Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
200000 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
113700000 | USD |
CY2018Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
0 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
36700000 | USD |
CY2018Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
28700000 | USD |
CY2017Q4 | us-gaap |
Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
|
227300000 | USD |
CY2018Q1 | us-gaap |
Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
|
227600000 | USD |
CY2017Q4 | us-gaap |
Prepaid Taxes
PrepaidTaxes
|
30300000 | USD |
CY2018Q1 | us-gaap |
Prepaid Taxes
PrepaidTaxes
|
24400000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
5900000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
600000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
2100000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
600000 | USD |
CY2017Q4 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
17000000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
0 | USD |
CY2017Q1 | us-gaap |
Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
|
-1500000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
|
-162400000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
0 | USD |
CY2018Q1 | us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
246500000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
5900000 | USD |
CY2018Q1 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
17400000 | USD |
CY2017Q1 | us-gaap |
Profit Loss
ProfitLoss
|
45600000 | USD |
CY2018Q1 | us-gaap |
Profit Loss
ProfitLoss
|
101300000 | USD |
CY2017Q4 | us-gaap |
Progress Payments Netted Against Inventory For Long Term Contracts Or Programs
ProgressPaymentsNettedAgainstInventoryForLongTermContractsOrPrograms
|
21300000 | USD |
CY2018Q1 | us-gaap |
Progress Payments Netted Against Inventory For Long Term Contracts Or Programs
ProgressPaymentsNettedAgainstInventoryForLongTermContractsOrPrograms
|
0 | USD |
CY2017Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1474900000 | USD |
CY2018Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1510400000 | USD |
CY2017Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
521700000 | USD |
CY2018Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
526600000 | USD |
CY2017Q4 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
10900000 | USD |
CY2018Q1 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
11100000 | USD |
CY2017Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
629600000 | USD |
CY2018Q1 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
581400000 | USD |
CY2017Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
300000 | USD |
CY2018Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
1500000 | USD |
CY2017Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
22400000 | USD |
CY2018Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
24700000 | USD |
CY2017Q1 | us-gaap |
Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
|
2600000 | USD |
CY2018Q1 | us-gaap |
Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
|
900000 | USD |
CY2016Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
14600000 | USD |
CY2017Q1 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
12800000 | USD |
CY2017Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
8900000 | USD |
CY2018Q1 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
8600000 | USD |
CY2017Q1 | us-gaap |
Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
|
1000000 | USD |
CY2018Q1 | us-gaap |
Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
|
1200000 | USD |
CY2017Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
1856100000 | USD |
CY2018Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
1891800000 | USD |
CY2018Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
689300000 | USD |
CY2017Q1 | us-gaap |
Revenues
Revenues
|
625800000 | USD |
CY2018Q1 | us-gaap |
Revenues
Revenues
|
689300000 | USD |
CY2017Q1 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
43100000 | USD |
CY2018Q1 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
43500000 | USD |
CY2017Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3700000 | USD |
CY2018Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4500000 | USD |
CY2017Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
0 | USD |
CY2018Q1 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
246500000 | USD |
CY2018Q1 | us-gaap |
Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
|
16000000 | USD |
CY2017Q1 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
300000 | shares |
CY2018Q1 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
100000 | shares |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1596100000 | USD |
CY2018Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1658600000 | USD |
CY2016Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1428400000 | USD |
CY2017Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1492000000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1597800000 | USD |
CY2018Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1660500000 | USD |
CY2017Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
89200000 | shares |
CY2018Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
89000000 | shares |
CY2017Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
88500000 | shares |
CY2018Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
88000000 | shares |
CY2018Q1 | us-gaap |
Basis Of Accounting
BasisOfAccounting
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;">Basis of Presentation</font></div><div style="line-height:120%;padding-top:8px;text-align:justify;text-indent:16px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">The unaudited consolidated condensed financial statements have been prepared pursuant to the rules and regulations of the SEC and, in the opinion of management, reflect all adjustments (which include normal recurring adjustments) necessary for a fair presentation of the financial position, results of operations, and cash flows for the periods presented. Certain information and note disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (GAAP) have been condensed or omitted pursuant to such SEC rules. We believe that the disclosures made are adequate to make the information presented not misleading. We consistently applied the accounting policies described in ITT’s Annual Report on Form 10-K for the year ended December 31, </font><font style="font-family:Arial;font-size:10pt;color:#000000;text-decoration:none;">2017</font><font style="font-family:Arial;font-size:10pt;"> (</font><font style="font-family:Arial;font-size:10pt;color:#000000;text-decoration:none;">2017</font><font style="font-family:Arial;font-size:10pt;"> Annual Report) in preparing these unaudited financial statements, other than those described below. These financial statements should be read in conjunction with the financial statements and notes thereto included in our </font><font style="font-family:Arial;font-size:10pt;color:#000000;text-decoration:none;">2017</font><font style="font-family:Arial;font-size:10pt;"> Annual Report. </font></div><div style="line-height:120%;padding-top:8px;text-align:justify;text-indent:16px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the reporting period. Estimates are revised as additional information becomes available. Estimates and assumptions are used for, but not limited to, asbestos-related liabilities and recoveries from insurers, revenue recognition, unrecognized tax benefits, deferred tax valuation allowances, projected benefit obligations for postretirement plans, accounting for business combinations, goodwill and other intangible asset impairment testing, environmental liabilities, allowance for doubtful accounts and inventory valuation. Actual results could differ from these estimates. </font></div><div style="line-height:120%;padding-top:8px;text-align:justify;text-indent:16px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">ITT’s quarterly financial periods end on the Saturday that is generally closest to the last day of the calendar quarter, except for the last quarterly period of the fiscal year, which ends on December 31st. For ease of presentation, the quarterly financial statements included herein are described as ending on the last day of the calendar quarter.</font></div><div style="line-height:120%;padding-top:8px;text-align:justify;text-indent:16px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Certain prior year amounts have been reclassified or restated to conform to the current year presentation. For further information, refer to </font><font style="font-family:Arial;font-size:10pt;">Note 2</font><font style="font-family:Arial;font-size:10pt;">, </font><a style="font-family:Arial;font-size:10pt;" href="#s3FC06ECF9EE15A2B8113868187A24E7D"><font style="font-family:Arial;font-size:10pt;">Recent Accounting Pronouncements</font></a><font style="font-family:Arial;font-size:10pt;">. </font></div></div> | |
CY2018Q1 | us-gaap |
Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;">Accounting Pronouncements Not Yet Adopted</font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:justify;text-indent:18px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">In February 2016, the FASB issued ASU 2016-02 impacting the accounting for leases intending to increase transparency and comparability of organizations by requiring balance sheet presentation of leased assets and increased financial statement disclosure of leasing arrangements. The revised standard will require entities to recognize a liability for their lease obligations and a corresponding asset representing the right to use the underlying asset over the lease term. Lease obligations are to be measured at the present value of lease payments and accounted for using the effective interest method. The accounting for the leased asset will differ slightly depending on whether the agreement is deemed to be a financing or operating lease. For financing leases, the leased asset is depreciated on a straight-line basis and recorded separately from the interest expense in the statements of operations, resulting in higher expense in the earlier part of the lease term. For operating leases, the depreciation and interest expense components are combined, recognized evenly over the term of the lease, and presented as a reduction to operating income. The ASU requires that assets and liabilities be presented or disclosed separately and classified appropriately as current and noncurrent. The ASU further requires additional disclosure of certain qualitative and quantitative information related to lease agreements. The ASU is effective for the Company beginning in the first quarter 2019, at which time we expect to adopt the new standard. We are currently assessing our existing lease agreements and related financial disclosures to evaluate the impact of these amendments on our financial statements.</font></div></div> |