2024 Q1 Form 10-K Financial Statement

#000091420824000219 Filed on February 21, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $1.475B $1.413B $5.716B
YoY Change 4.03% -2.08% -5.5%
Cost Of Revenue $504.0M $459.4M $1.825B
YoY Change 10.74% 2.71% -3.23%
Gross Profit $971.3M $954.0M $3.891B
YoY Change 0.85% -4.23% -6.52%
Gross Profit Margin 65.84% 67.5% 68.07%
Selling, General & Admin $746.9M $769.5M $2.986B
YoY Change 641.71% 3.26% 8.17%
% of Gross Profit 76.9% 80.66% 76.73%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $11.30M $60.30M $98.80M
YoY Change -75.85% 210.82% 54.86%
% of Gross Profit 1.16% 6.32% 2.54%
Operating Expenses $758.2M $829.8M $3.084B
YoY Change -37.27% 8.53% 9.23%
Operating Profit $213.1M $124.2M $806.8M
YoY Change 1.72% -46.35% -39.74%
Interest Expense $3.400M $13.60M $48.60M
YoY Change -81.11% -51.43% 7.28%
% of Operating Profit 1.6% 10.95% 6.02%
Other Income/Expense, Net $66.40M $128.7M $148.3M
YoY Change 142.34% 9.72% -228.62%
Pretax Income $282.9M -$933.5M -$237.9M
YoY Change 20.03% -339.11% -119.07%
Income Tax $68.70M -$266.4M -$69.70M
% Of Pretax Income 24.28%
Net Earnings $141.5M -$742.3M -$333.7M
YoY Change -2.41% -495.26% -148.79%
Net Earnings / Revenue 9.59% -52.52% -5.84%
Basic Earnings Per Share $0.31 -$0.73
Diluted Earnings Per Share $0.31 -$1.64 -$0.73
COMMON SHARES
Basic Shares Outstanding 449.2M shares 454.8M shares
Diluted Shares Outstanding 453.5M shares 456.2M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $895.7M $1.469B $1.469B
YoY Change 0.75% 18.99% 18.99%
Cash & Equivalents $895.7M $1.469B $1.469B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $708.3M $701.5M $701.5M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $895.7M $1.469B $1.469B
YoY Change -47.15% 18.99% 18.99%
LONG-TERM ASSETS
Property, Plant & Equipment $583.6M $599.5M $918.8M
YoY Change 1.92% 6.84% -0.34%
Goodwill $8.621B $8.692B
YoY Change 0.21% 1.56%
Intangibles $5.832B $5.848B
YoY Change -18.21% -18.11%
Long-Term Investments $10.08B $9.935B $9.935B
YoY Change 1432.37% 2.09% 2.09%
Other Assets
YoY Change
Total Long-Term Assets $27.18B $27.46B $27.46B
YoY Change -3.06% -3.71% -3.71%
TOTAL ASSETS
Total Short-Term Assets $895.7M $1.469B $1.469B
Total Long-Term Assets $27.18B $27.46B $27.46B
Total Assets $28.08B $28.93B $28.93B
YoY Change -5.57% -2.77% -2.77%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.321B $1.294B $860.7M
YoY Change -9.86% -1.55% 3.13%
Accrued Expenses $452.5M $900.4M $1.334B
YoY Change 4.09% 4.6% -0.51%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.774B $393.9M $393.9M
YoY Change -30.42% -41.09% -41.09%
LONG-TERM LIABILITIES
Long-Term Debt $8.628B $8.611B $8.611B
YoY Change 4.42% 6.6% 6.6%
Other Long-Term Liabilities $3.597B $4.013B $4.013B
YoY Change 754.68% -3.73% -3.73%
Total Long-Term Liabilities $12.22B $12.62B $12.62B
YoY Change 40.78% 3.09% 3.09%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.774B $393.9M $393.9M
Total Long-Term Liabilities $12.22B $12.62B $12.62B
Total Liabilities $13.52B $14.34B $14.34B
YoY Change 4.63% -1.42% -1.42%
SHAREHOLDERS EQUITY
Retained Earnings $6.878B $6.827B
YoY Change -9.23% -9.2%
Common Stock $7.428B $7.565B
YoY Change -1.3% -1.35%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.864B $3.003B
YoY Change -0.82% -1.26%
Treasury Stock Shares
Shareholders Equity $14.55B $14.60B $14.60B
YoY Change
Total Liabilities & Shareholders Equity $28.08B $28.93B $28.93B
YoY Change -5.57% -2.77% -2.77%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $141.5M -$742.3M -$333.7M
YoY Change -2.41% -495.26% -148.79%
Depreciation, Depletion And Amortization $11.30M $60.30M $98.80M
YoY Change -75.85% 210.82% 54.86%
Cash From Operating Activities -$54.40M $714.3M $1.301B
YoY Change -44.99% 56.47% 86.84%
INVESTING ACTIVITIES
Capital Expenditures $21.00M $40.30M $164.3M
YoY Change -44.88% -44.87% -14.83%
Acquisitions
YoY Change
Other Investing Activities -$266.3M -$221.3M -$46.20M
YoY Change -418.54% -11.62% -87.47%
Cash From Investing Activities -$287.3M -$261.6M -$244.3M
YoY Change -731.43% 100.31% -33.72%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$148.3M -110.3M -$585.4M
YoY Change -16.92% -34.38% -39.46%
NET CHANGE
Cash From Operating Activities -$54.40M 714.3M $1.301B
Cash From Investing Activities -$287.3M -261.6M -$244.3M
Cash From Financing Activities -$148.3M -110.3M -$585.4M
Net Change In Cash -$490.0M 342.4M $471.1M
YoY Change 111.3% 116.98% -173.69%
FREE CASH FLOW
Cash From Operating Activities -$54.40M $714.3M $1.301B
Capital Expenditures $21.00M $40.30M $164.3M
Free Cash Flow -$75.40M $674.0M $1.137B
YoY Change -44.96% 75.8% 125.81%

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CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="padding-left:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="text-indent:9pt"><span><br/></span></div><div style="text-indent:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In preparing the Consolidated Financial Statements, management is required to make estimates and assumptions that affect reported revenues, expenses, assets, liabilities and disclosure of contingent liabilities. The primary estimates and assumptions relate to goodwill and intangible impairment, certain investments which are carried at fair value, post-employment benefit plan obligations, income taxes and contingent losses. Additionally, estimation is involved when determining investment and debt valuation for certain CIP; however, changes in the fair values of these amounts are largely offset by noncontrolling interests. Use of available information and application of judgment are inherent in the formation of estimates. Actual results in the future could differ from such estimates, and the differences may be material to the Consolidated Financial Statements.</span></div>
CY2023 us-gaap Number Of Reporting Units
NumberOfReportingUnits
1 reporting_unit
CY2023 us-gaap Number Of Reporting Units
NumberOfReportingUnits
1 reporting_unit
CY2023 ivz Share Based Payment Estimated Forfeitures Percentage
ShareBasedPaymentEstimatedForfeituresPercentage
0.03
CY2023 ivz Percentage Of Excess In Projected Benefit Obligation And Fair Value Assets To Be Amortized
PercentageOfExcessInProjectedBenefitObligationAndFairValueAssetsToBeAmortized
0.100
CY2023 ivz Percentage Of Excess In Projected Benefit Obligation And Fair Value Assets To Be Amortized
PercentageOfExcessInProjectedBenefitObligationAndFairValueAssetsToBeAmortized
0.100
CY2023Q4 us-gaap Separate Account Assets
SeparateAccountAssets
393900000 usd
CY2023 ivz Derivative Asset Statement Of Financial Position Extensible Enumeration Not Disclosed Flag
DerivativeAssetStatementOfFinancialPositionExtensibleEnumerationNotDisclosedFlag
Total return swap related to deferred compensation plans
CY2023Q4 us-gaap Derivative Assets
DerivativeAssets
4900000 usd
CY2023Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
1599000000 usd
CY2023Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
1300000 usd
CY2022Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
1754500000 usd
CY2023Q4 us-gaap Equity Method Investments
EquityMethodInvestments
631800000 usd
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
621200000 usd
CY2023Q4 ivz Foreign Time Deposits
ForeignTimeDeposits
0 usd
CY2022Q4 ivz Foreign Time Deposits
ForeignTimeDeposits
25700000 usd
CY2023Q4 us-gaap Other Investments
OtherInvestments
14900000 usd
CY2022Q4 us-gaap Other Investments
OtherInvestments
24700000 usd
CY2023Q4 us-gaap Investments
Investments
919100000 usd
CY2022Q4 us-gaap Investments
Investments
996600000 usd
CY2023 ivz Net Realizedand Unrealized Gainon Trading Securities
NetRealizedandUnrealizedGainonTradingSecurities
61300000 usd
CY2022 ivz Net Realizedand Unrealized Gainon Trading Securities
NetRealizedandUnrealizedGainonTradingSecurities
-150400000 usd
CY2023 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
17200000 usd
CY2022 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-44000000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1544200000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1690900000 usd
CY2023Q4 us-gaap Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
935900000 usd
CY2022Q4 us-gaap Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
1121000000 usd
CY2023Q4 ivz Property Plant And Equipment Accumulated Impairment
PropertyPlantAndEquipmentAccumulatedImpairment
8800000 usd
CY2022Q4 ivz Property Plant And Equipment Accumulated Impairment
PropertyPlantAndEquipmentAccumulatedImpairment
8800000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
599500000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
561100000 usd
CY2023 us-gaap Depreciation Nonproduction
DepreciationNonproduction
132900000 usd
CY2022 us-gaap Depreciation Nonproduction
DepreciationNonproduction
131500000 usd
CY2021 us-gaap Depreciation Nonproduction
DepreciationNonproduction
142400000 usd
CY2022Q4 us-gaap Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
1121000000 usd
CY2021Q4 us-gaap Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
1074500000 usd
CY2023 us-gaap Depreciation Nonproduction
DepreciationNonproduction
132900000 usd
CY2022 us-gaap Depreciation Nonproduction
DepreciationNonproduction
131500000 usd
CY2023 us-gaap Property Plant And Equipment Disposals
PropertyPlantAndEquipmentDisposals
327100000 usd
CY2022 us-gaap Property Plant And Equipment Disposals
PropertyPlantAndEquipmentDisposals
61600000 usd
CY2023 ivz Foreign Currency Increase Decrease Accumulated Depreciation
ForeignCurrencyIncreaseDecreaseAccumulatedDepreciation
9100000 usd
CY2022 ivz Foreign Currency Increase Decrease Accumulated Depreciation
ForeignCurrencyIncreaseDecreaseAccumulatedDepreciation
-23400000 usd
CY2023Q4 us-gaap Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
935900000 usd
CY2022Q4 us-gaap Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
1121000000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
7474000000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1625900000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5848100000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
7463300000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
322100000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
7141200000 usd
CY2022Q4 us-gaap Other Indefinite Lived Intangible Assets
OtherIndefiniteLivedIntangibleAssets
19100000 usd
CY2023Q4 us-gaap Other Indefinite Lived Intangible Assets
OtherIndefiniteLivedIntangibleAssets
19100000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
49900000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
63800000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
62900000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
44800000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
37700000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
35900000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
3600000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
1500000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
8557700000 usd
CY2023 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
133800000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
8691500000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
8882500000 usd
CY2022 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-324800000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
8557700000 usd
CY2023Q4 us-gaap Accrued Employee Benefits Current And Noncurrent
AccruedEmployeeBenefitsCurrentAndNoncurrent
98300000 usd
CY2022Q4 us-gaap Accrued Employee Benefits Current And Noncurrent
AccruedEmployeeBenefitsCurrentAndNoncurrent
87800000 usd
CY2023Q4 us-gaap Accrued Bonuses Current And Noncurrent
AccruedBonusesCurrentAndNoncurrent
802100000 usd
CY2022Q4 us-gaap Accrued Bonuses Current And Noncurrent
AccruedBonusesCurrentAndNoncurrent
773000000.0 usd
CY2023Q4 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
900400000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
860800000 usd
CY2023Q4 us-gaap Other Liabilities
OtherLiabilities
567500000 usd
CY2022Q4 us-gaap Other Liabilities
OtherLiabilities
606500000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
433700000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
480200000 usd
CY2023Q4 us-gaap Accounts Payable Trade Current And Noncurrent
AccountsPayableTradeCurrentAndNoncurrent
31500000 usd
CY2022Q4 us-gaap Accounts Payable Trade Current And Noncurrent
AccountsPayableTradeCurrentAndNoncurrent
59600000 usd
CY2023Q4 ivz Unsettled Funds Payable
UnsettledFundsPayable
151200000 usd
CY2022Q4 ivz Unsettled Funds Payable
UnsettledFundsPayable
79400000 usd
CY2023Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
110500000 usd
CY2022Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
89100000 usd
CY2023Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
1294400000 usd
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
1314800000 usd
CY2023Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
4000000.0 shares
CY2022Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
4000000.0 shares
CY2023Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
4000000.0 shares
CY2022Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
4000000.0 shares
CY2023 ivz Preferred Stock Lockup Period
PreferredStockLockupPeriod
P5Y
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
566100000 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
566100000 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
566100000 shares
CY2023Q4 ivz Treasury Stock Shares For Which Dividendand Voting Rights Do Not Apply
TreasuryStockSharesForWhichDividendandVotingRightsDoNotApply
116600000 shares
CY2022Q4 ivz Treasury Stock Shares For Which Dividendand Voting Rights Do Not Apply
TreasuryStockSharesForWhichDividendandVotingRightsDoNotApply
111300000 shares
CY2021Q4 ivz Treasury Stock Shares For Which Dividendand Voting Rights Do Not Apply
TreasuryStockSharesForWhichDividendandVotingRightsDoNotApply
104900000 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
449500000 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
454800000 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
461200000 shares
CY2023 us-gaap Forward Contract Indexed To Issuers Equity Shares
ForwardContractIndexedToIssuersEquityShares
9600000 shares
CY2023 ivz Forward Contract Indexed To Issuers Equity Cost
ForwardContractIndexedToIssuersEquityCost
150000000 usd
CY2022 us-gaap Forward Contract Indexed To Issuers Equity Shares
ForwardContractIndexedToIssuersEquityShares
8900000 shares
CY2022 ivz Forward Contract Indexed To Issuers Equity Cost
ForwardContractIndexedToIssuersEquityCost
200000000 usd
CY2023 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
1900000 shares
CY2022 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
2400000 shares
CY2023 ivz Fair Value Of Shares Withheld
FairValueOfSharesWithheld
37500000 usd
CY2022 ivz Fair Value Of Shares Withheld
FairValueOfSharesWithheld
44700000 usd
CY2023Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
382200000 usd
CY2022Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
532200000 usd
CY2023Q4 ivz Treasury Shares Held As Unvested Restricted Stock Awards
TreasurySharesHeldAsUnvestedRestrictedStockAwards
8100000 shares
CY2022Q4 ivz Treasury Shares Held As Unvested Restricted Stock Awards
TreasurySharesHeldAsUnvestedRestrictedStockAwards
8200000 shares
CY2023 ivz Common Shares Market Price Per Share
CommonSharesMarketPricePerShare
17.84
CY2023 ivz Treasury Stock Common Shares Aggregate Market Value
TreasuryStockCommonSharesAggregateMarketValue
2200000000 usd
CY2022Q4 ivz Treasury Stock Held Including Shares For Unvested Restricted Stock Awards
TreasuryStockHeldIncludingSharesForUnvestedRestrictedStockAwards
119500000 shares
CY2021Q4 ivz Treasury Stock Held Including Shares For Unvested Restricted Stock Awards
TreasuryStockHeldIncludingSharesForUnvestedRestrictedStockAwards
115700000 shares
CY2020Q4 ivz Treasury Stock Held Including Shares For Unvested Restricted Stock Awards
TreasuryStockHeldIncludingSharesForUnvestedRestrictedStockAwards
121600000 shares
CY2023 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
11500000 shares
CY2022 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
11300000 shares
CY2021 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
2700000 shares
CY2023 ivz Treasury Stock Common Shares Distributed
TreasuryStockCommonSharesDistributed
6000000.0 shares
CY2022 ivz Treasury Stock Common Shares Distributed
TreasuryStockCommonSharesDistributed
7100000 shares
CY2021 ivz Treasury Stock Common Shares Distributed
TreasuryStockCommonSharesDistributed
8400000 shares
CY2023 ivz Commonsharesdistributedtomeet Esp Pobligation
CommonsharesdistributedtomeetESPPobligation
300000 shares
CY2022 ivz Commonsharesdistributedtomeet Esp Pobligation
CommonsharesdistributedtomeetESPPobligation
400000 shares
CY2021 ivz Commonsharesdistributedtomeet Esp Pobligation
CommonsharesdistributedtomeetESPPobligation
200000 shares
CY2023Q4 ivz Treasury Stock Held Including Shares For Unvested Restricted Stock Awards
TreasuryStockHeldIncludingSharesForUnvestedRestrictedStockAwards
124700000 shares
CY2022Q4 ivz Treasury Stock Held Including Shares For Unvested Restricted Stock Awards
TreasuryStockHeldIncludingSharesForUnvestedRestrictedStockAwards
119500000 shares
CY2021Q4 ivz Treasury Stock Held Including Shares For Unvested Restricted Stock Awards
TreasuryStockHeldIncludingSharesForUnvestedRestrictedStockAwards
115700000 shares
CY2023 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
144900000 usd
CY2023 us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
-4300000 usd
CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
140600000 usd
CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
140600000 usd
CY2022 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-463100000 usd
CY2022 us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
-37800000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-500900000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-500900000 usd
CY2021 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-73400000 usd
CY2021 us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
36400000 usd
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-37000000.0 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
114600000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
106200000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
140100000 usd
CY2023 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
17400000 usd
CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
21700000 usd
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
30000000 usd
CY2023 ivz Number Of Share Awards By Type
NumberOfShareAwardsByType
2 award
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
19.03
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
17.53
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
16.68
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
18.11
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
18.84
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
101400000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
141800000 usd
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
187900000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
17.53
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
21.23
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
22.61
CY2023Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
121400000 usd
CY2023 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y5M8D
CY2023 us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
44300000 usd
CY2022 us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
41000000 usd
CY2022Q4 us-gaap Restructuring Reserve
RestructuringReserve
7100000 usd
CY2021Q4 us-gaap Restructuring Reserve
RestructuringReserve
34800000 usd
CY2023 us-gaap Restructuring Charges
RestructuringCharges
29700000 usd
CY2022 us-gaap Restructuring Charges
RestructuringCharges
13900000 usd
CY2023 us-gaap Payments For Restructuring
PaymentsForRestructuring
36800000 usd
CY2022 us-gaap Payments For Restructuring
PaymentsForRestructuring
41600000 usd
CY2023Q4 us-gaap Restructuring Reserve
RestructuringReserve
0 usd
CY2022Q4 us-gaap Restructuring Reserve
RestructuringReserve
7100000 usd
CY2023 us-gaap Restructuring Reserve Settled Without Cash2
RestructuringReserveSettledWithoutCash2
89100000 usd
CY2022 us-gaap Restructuring Reserve Settled Without Cash2
RestructuringReserveSettledWithoutCash2
74500000 usd
CY2023Q4 us-gaap Restructuring And Related Cost Cost Incurred To Date1
RestructuringAndRelatedCostCostIncurredToDate1
304800000 usd
CY2022Q4 us-gaap Restructuring And Related Cost Cost Incurred To Date1
RestructuringAndRelatedCostCostIncurredToDate1
260500000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y11M12D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10Y3M7D
CY2023Q4 ivz Lessee Operating Lease Number Of Renewal Options
LesseeOperatingLeaseNumberOfRenewalOptions
1 lease_renewal_option
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
319300000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
433700000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
75400000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
82900000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
81400000 usd
CY2023 us-gaap Variable Lease Cost
VariableLeaseCost
25900000 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
19000000.0 usd
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
25500000 usd
CY2023 us-gaap Sublease Income
SubleaseIncome
2300000 usd
CY2022 us-gaap Sublease Income
SubleaseIncome
1600000 usd
CY2021 us-gaap Sublease Income
SubleaseIncome
1900000 usd
CY2023 us-gaap Lease Cost
LeaseCost
99000000.0 usd
CY2022 us-gaap Lease Cost
LeaseCost
100300000 usd
CY2021 us-gaap Lease Cost
LeaseCost
105000000.0 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
80800000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
70700000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
22700000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
214800000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0414
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0378
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
64600000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
66000000.0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
62100000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
55200000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
45100000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
237000000.0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
530000000.0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
96300000 usd
CY2023Q4 us-gaap Operating Lease Liability
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