2020 Q4 Form 10-Q Financial Statement

#000005849220000025 Filed on November 05, 2020

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q3 2019 Q3
Revenue $1.182B $1.221B $1.255B
YoY Change 3.24% -2.66% 6.73%
Cost Of Revenue $923.4M $937.9M $963.8M
YoY Change 5.83% -2.69% 11.5%
Gross Profit $267.1M $269.7M $269.6M
YoY Change 2.69% 0.04% 18.71%
Gross Profit Margin 22.6% 22.08% 21.49%
Selling, General & Admin $103.8M $105.6M $115.2M
YoY Change -11.73% -8.33% 14.4%
% of Gross Profit 38.86% 39.15% 42.73%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $48.40M $47.00M $48.40M
YoY Change 2.54% -2.89% 43.2%
% of Gross Profit 18.12% 17.43% 17.95%
Operating Expenses $114.7M $105.6M $115.2M
YoY Change -15.29% -8.33% 14.4%
Operating Profit $152.4M $164.1M $154.4M
YoY Change 22.21% 6.28% 22.15%
Interest Expense -$16.00M $20.90M $22.60M
YoY Change -21.18% -7.52% 72.52%
% of Operating Profit -10.5% 12.74% 14.64%
Other Income/Expense, Net
YoY Change
Pretax Income $137.2M $129.8M $117.1M
YoY Change 33.85% 10.85% 3.35%
Income Tax $27.70M $22.70M $23.40M
% Of Pretax Income 20.19% 17.49% 19.98%
Net Earnings $108.0M $107.0M $95.10M
YoY Change 39.18% 12.51% 5.67%
Net Earnings / Revenue 9.14% 8.76% 7.58%
Basic Earnings Per Share $0.79 $0.79 $0.71
Diluted Earnings Per Share $0.79 $0.79 $0.70
COMMON SHARES
Basic Shares Outstanding 132.5M shares 135.8M shares 134.9M shares
Diluted Shares Outstanding 136.1M shares 135.4M shares

Balance Sheet

Concept 2020 Q4 2020 Q3 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $348.9M $245.0M $242.0M
YoY Change 40.91% 1.24% -33.43%
Cash & Equivalents $348.9M $245.0M $242.0M
Short-Term Investments
Other Short-Term Assets $54.10M $45.70M $49.50M
YoY Change -94.66% -7.68% 12.5%
Inventory $691.5M $585.3M $635.8M
Prepaid Expenses
Receivables $535.2M $621.8M $655.6M
Other Receivables $28.40M $20.50M $21.70M
Total Short-Term Assets $1.658B $1.518B $1.605B
YoY Change 5.14% -5.38% -3.74%
LONG-TERM ASSETS
Property, Plant & Equipment $784.8M $785.7M $817.3M
YoY Change -5.54% -3.87% 13.04%
Goodwill $1.389B $1.380B $1.392B
YoY Change -1.24% -0.84% 65.66%
Intangibles $701.6M $714.6M $770.6M
YoY Change -8.17% -7.27% 309.02%
Long-Term Investments
YoY Change
Other Assets $105.1M $100.5M $117.3M
YoY Change -11.23% -14.32% -10.05%
Total Long-Term Assets $3.142B $3.146B $3.253B
YoY Change -4.16% -3.31% 72.85%
TOTAL ASSETS
Total Short-Term Assets $1.658B $1.518B $1.605B
Total Long-Term Assets $3.142B $3.146B $3.253B
Total Assets $4.800B $4.664B $4.858B
YoY Change -1.14% -3.99% 36.87%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $552.2M $494.1M $467.3M
YoY Change 19.16% 5.74% 9.0%
Accrued Expenses $275.2M $270.7M $270.6M
YoY Change -2.06% 0.04% 0.41%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $50.90M $51.10M $52.40M
YoY Change -0.39% -2.48% 1355.56%
Total Short-Term Liabilities $1.006B $947.4M $920.8M
YoY Change 8.39% 2.89% 17.31%
LONG-TERM LIABILITIES
Long-Term Debt $1.849B $1.909B $2.200B
YoY Change -10.51% -13.23% 62.6%
Other Long-Term Liabilities $192.1M $177.4M $148.2M
YoY Change 10.72% 19.7% -5.84%
Total Long-Term Liabilities $2.369B $2.416B $2.681B
YoY Change -8.37% -9.88% 67.78%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.006B $947.4M $920.8M
Total Long-Term Liabilities $2.369B $2.416B $2.681B
Total Liabilities $3.375B $3.364B $3.602B
YoY Change -3.94% -6.62% 51.16%
SHAREHOLDERS EQUITY
Retained Earnings $2.797B $2.714B $2.702B
YoY Change 1.2% 0.43% 3.45%
Common Stock $543.2M $539.0M $531.4M
YoY Change 1.32% 1.43% 1.86%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.865B $1.868B $1.884B
YoY Change -0.98% -0.88% -1.41%
Treasury Stock Shares 66.20M shares
Shareholders Equity $1.425B $1.300B $1.255B
YoY Change
Total Liabilities & Shareholders Equity $4.800B $4.664B $4.858B
YoY Change -1.14% -3.99% 36.87%

Cashflow Statement

Concept 2020 Q4 2020 Q3 2019 Q3
OPERATING ACTIVITIES
Net Income $108.0M $107.0M $95.10M
YoY Change 39.18% 12.51% 5.67%
Depreciation, Depletion And Amortization $48.40M $47.00M $48.40M
YoY Change 2.54% -2.89% 43.2%
Cash From Operating Activities $218.8M $261.3M $212.9M
YoY Change -12.97% 22.73% 68.3%
INVESTING ACTIVITIES
Capital Expenditures -$13.90M -$9.300M -$32.50M
YoY Change -65.34% -71.38% -21.5%
Acquisitions
YoY Change
Other Investing Activities $3.500M $5.500M $3.500M
YoY Change -112.24% 57.14% -113.21%
Cash From Investing Activities -$10.40M -$3.800M -$29.00M
YoY Change -84.86% -86.9% -57.29%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -116.7M -227.6M -222.0M
YoY Change -36.33% 2.52% 68.31%
NET CHANGE
Cash From Operating Activities 218.8M 261.3M 212.9M
Cash From Investing Activities -10.40M -3.800M -29.00M
Cash From Financing Activities -116.7M -227.6M -222.0M
Net Change In Cash 91.70M 29.90M -38.10M
YoY Change -15383.33% -178.48% -48.02%
FREE CASH FLOW
Cash From Operating Activities $218.8M $261.3M $212.9M
Capital Expenditures -$13.90M -$9.300M -$32.50M
Free Cash Flow $232.7M $270.6M $245.4M
YoY Change -20.17% 10.27% 46.16%

Facts In Submission

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CY2019Q3 us-gaap Earnings Per Share Diluted
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CY2019Q3 us-gaap Earnings Per Share Diluted
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Profit Loss
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us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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OtherComprehensiveIncomeLossNetOfTax
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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2019Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
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us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
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CY2020Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
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CY2019Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
133800000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
228800000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
134600000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
66000000.0 USD
us-gaap Profit Loss
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us-gaap Profit Loss
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247000000.0 USD
us-gaap Depreciation
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us-gaap Depreciation
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us-gaap Goodwill Impairment Loss
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us-gaap Goodwill Impairment Loss
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us-gaap Provision For Doubtful Accounts
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us-gaap Inventory Write Down
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us-gaap Inventory Write Down
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us-gaap Increase Decrease In Deferred Income Taxes
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12600000 USD
us-gaap Increase Decrease In Deferred Income Taxes
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-5500000 USD
us-gaap Share Based Compensation
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20600000 USD
us-gaap Share Based Compensation
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23900000 USD
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-10600000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-200000 USD
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69800000 USD
us-gaap Increase Decrease In Accounts And Other Receivables
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45400000 USD
us-gaap Increase Decrease In Inventories
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-38500000 USD
us-gaap Increase Decrease In Inventories
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-47500000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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-6400000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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400000 USD
us-gaap Increase Decrease In Accounts Payable
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38100000 USD
us-gaap Increase Decrease In Accounts Payable
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-30200000 USD
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9400000 USD
leg Increase Decrease In Accrued Expenses And Other Liabilities
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7900000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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383800000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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416600000 USD
us-gaap Payments To Acquire Property Plant And Equipment
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52300000 USD
us-gaap Payments To Acquire Property Plant And Equipment
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103000000.0 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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us-gaap Payments For Proceeds From Other Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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-38600000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Proceeds From Issuance Of Debt
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us-gaap Proceeds From Issuance Of Debt
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993300000 USD
us-gaap Repayments Of Debt
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us-gaap Repayments Of Debt
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us-gaap Proceeds From Short Term Debt
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106300000 USD
us-gaap Payments Of Dividends
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158500000 USD
us-gaap Payments Of Dividends
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152000000.0 USD
us-gaap Proceeds From Issuance Of Common Stock
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1100000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
7400000 USD
us-gaap Payments For Repurchase Of Common Stock
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10100000 USD
us-gaap Payments For Repurchase Of Common Stock
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11800000 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
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8400000 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
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1100000 USD
us-gaap Proceeds From Payments For Other Financing Activities
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-4400000 USD
us-gaap Proceeds From Payments For Other Financing Activities
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-2600000 USD
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us-gaap Net Cash Provided By Used In Financing Activities
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914400000 USD
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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-7600000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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-2600000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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-26100000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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247600000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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268100000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
245000000.0 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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242000000.0 USD
us-gaap Basis Of Accounting
BasisOfAccounting
INTERIM PRESENTATION<div style="margin-top:6pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The interim financial statements of Leggett &amp; Platt, Incorporated (we, us or our) included herein have not been audited by an independent registered public accounting firm. The statements include all adjustments, including normal recurring accruals, which management considers necessary for a fair statement of our financial position and operating results for the periods presented. We have prepared the statements pursuant to the rules and regulations of the Securities and Exchange Commission (SEC). Accordingly, certain information and footnote disclosures normally included in financial statements prepared in conformity with accounting principles generally accepted in the United States of America (GAAP) have been condensed or omitted pursuant to such rules and regulations. The operating results for interim periods are not necessarily indicative of results to be expected for an entire year.</span></div><div style="margin-top:6pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The December 31, 2019 financial position data included herein was derived from the audited consolidated financial statements, but does not include all disclosures required by GAAP.</span></div><div style="text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;text-decoration:underline">Reclassifications</span></div><div><span><br/></span></div><div style="text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain reclassifications have been made to the prior period's information in the Notes to the Consolidated Condensed Financial Statements to conform to the 2020 segment reporting changes in our management structure and all related internal reporting (See </span><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="#i72aa177b30ce4cf7a8f9984646b03883_46" style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Note 4</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> - Segment Information). These reclassifications did not impact our consolidated earnings or assets of the company, and all prior periods presented have been restated to conform with these changes.</span></div>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;text-decoration:underline">Reclassifications</span></div><div><span><br/></span></div><div style="text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain reclassifications have been made to the prior period's information in the Notes to the Consolidated Condensed Financial Statements to conform to the 2020 segment reporting changes in our management structure and all related internal reporting (See </span><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="#i72aa177b30ce4cf7a8f9984646b03883_46" style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Note 4</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> - Segment Information). These reclassifications did not impact our consolidated earnings or assets of the company, and all prior periods presented have been restated to conform with these changes.</span></div>
us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
ACCOUNTING STANDARDS UPDATES<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    </span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    The Financial Accounting Standards Board (FASB) regularly issues updates to the FASB Accounting Standards Codification that are communicated through issuance of an Accounting Standards Update (ASU).   Below is a summary of the ASUs, effective for current or future periods, most relevant to our financial statements. </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%;text-decoration:underline">Adopted in 2020:</span></div><div style="padding-left:36pt"><span><br/></span></div><div style="padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">On January 1, 2020, we adopted ASU 2016-13 “Financial Instruments—Credit Losses” (Topic 326) as discussed in </span><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="#i72aa177b30ce4cf7a8f9984646b03883_70" style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Note 7</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">.</span></div><div><span><br/></span></div><div style="padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">ASU 2017-04 “Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment”. We adopted this ASU on January 1, 2020. This ASU simplifies the subsequent measurement of goodwill by eliminating Step 2 from the goodwill impairment test. The annual goodwill impairment test is performed by comparing the fair value of a reporting unit with its carrying amount, and an impairment charge would be recognized for the amount by which the carrying amount exceeds the reporting unit's fair value up to the total amount of goodwill for the reporting unit. We applied this guidance to our annual goodwill impairment testing completed in the second quarter of 2020 as discussed in </span><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="#i72aa177b30ce4cf7a8f9984646b03883_61" style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Note 5</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">.</span></div><div><span><br/></span></div><div style="padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">ASU 2018-15 “Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract (a consensus of the FASB Emerging Issues Task Force)”.  We adopted this ASU on January 1, 2020. This ASU aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software.  The adoption of this ASU did not materially impact our financial statements.</span></div><div style="padding-left:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%;text-decoration:underline">To be adopted in future years:</span></div><div style="padding-left:36pt"><span><br/></span></div><div style="padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">ASU 2019-12 “Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes”: This ASU will be effective January 1, 2021 and is a part of the FASB overall simplification initiative. We are currently evaluating this guidance. </span></div><div><span><br/></span></div><div style="text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The FASB has issued accounting guidance, in addition to the issuance discussed above, effective for current and future periods. This guidance did not have a material impact on our current financial statements, and we do not believe it will have a material impact on our future financial statements.</span></div>
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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3607600000 USD
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CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Number Of Operating Segments
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3 segment
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1221200000 USD
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147300000 USD
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47000000.0 USD
CY2019Q3 us-gaap Revenues
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1254600000 USD
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144100000 USD
CY2019Q3 us-gaap Depreciation Depletion And Amortization
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us-gaap Revenues
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3134300000 USD
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250800000 USD
us-gaap Depreciation Depletion And Amortization
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141000000.0 USD
us-gaap Revenues
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378300000 USD
us-gaap Depreciation Depletion And Amortization
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CY2020Q3 us-gaap Assets
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CY2019Q4 us-gaap Assets
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25400000 USD
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us-gaap Asset Impairment Charges
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29400000 USD
us-gaap Other Asset Impairment Charges
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5700000 USD
CY2020Q3 us-gaap Goodwill Impairment Loss
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CY2020Q3 us-gaap Other Asset Impairment Charges
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CY2020Q3 us-gaap Asset Impairment Charges
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CY2019Q3 us-gaap Other Asset Impairment Charges
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1400000 USD
CY2020Q3 us-gaap Goodwill Fair Value Disclosure
GoodwillFairValueDisclosure
1380300000 USD
CY2020Q3 leg Fair Value Inputs Long Term Growth Rate Debtfree Cash Flow
FairValueInputsLongTermGrowthRateDebtfreeCashFlow
0.03
CY2019Q4 us-gaap Goodwill Fair Value Disclosure
GoodwillFairValueDisclosure
1406300000 USD
CY2019Q4 leg Fair Value Inputs Long Term Growth Rate Debtfree Cash Flow
FairValueInputsLongTermGrowthRateDebtfreeCashFlow
0.03
us-gaap Profit Loss
ProfitLoss
144500000 USD
us-gaap Profit Loss
ProfitLoss
247000000.0 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
104900000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
99600000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
100000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2020Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
100000 USD
CY2019Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
us-gaap Net Income Loss
NetIncomeLoss
144400000 USD
us-gaap Net Income Loss
NetIncomeLoss
247000000.0 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
104800000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
99600000 USD
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
135600000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
134700000 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
135800000 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
135800000 shares
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
134900000 shares
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
134900000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
200000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
500000 shares
CY2020Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
300000 shares
CY2019Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
500000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
135800000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
135200000 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
136100000 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
135400000 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.06
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.83
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.77
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.77
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.74
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.74
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.06
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.83
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.77
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.77
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.74
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.74
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
300000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
200000 shares
CY2020Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
200000 shares
CY2019Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
200000 shares
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.20
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.18
CY2020Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.40
CY2019Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.40
CY2019Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
564400000 USD
CY2019Q4 us-gaap Other Assets Current
OtherAssetsCurrent
973700000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
830800000 USD
CY2019Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
2447500000 USD
CY2019Q4 us-gaap Assets
Assets
4816400000 USD
CY2019Q4 us-gaap Liabilities Current
LiabilitiesCurrent
928100000 USD
CY2019Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
2575800000 USD
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2734500000 USD
CY2019Q4 leg Stockholders Equity Other Equity
StockholdersEquityOtherEquity
-1422000000.0 USD
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4816400000 USD
CY2020Q3 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
642600000 USD
CY2020Q3 us-gaap Accounts Receivable Gross Noncurrent
AccountsReceivableGrossNoncurrent
0 USD
CY2019Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
571800000 USD
CY2019Q4 us-gaap Accounts Receivable Gross Noncurrent
AccountsReceivableGrossNoncurrent
0 USD
CY2020Q3 leg Customer Related Notes Receivable Gross Current
CustomerRelatedNotesReceivableGrossCurrent
1200000 USD
CY2020Q3 leg Customer Related Notes Receivable Gross Noncurrent
CustomerRelatedNotesReceivableGrossNoncurrent
400000 USD
CY2019Q4 leg Customer Related Notes Receivable Gross Current
CustomerRelatedNotesReceivableGrossCurrent
1100000 USD
CY2019Q4 leg Customer Related Notes Receivable Gross Noncurrent
CustomerRelatedNotesReceivableGrossNoncurrent
600000 USD
CY2020Q3 leg Trade Receivable Gross Current
TradeReceivableGrossCurrent
643800000 USD
CY2020Q3 leg Trade Receivable Gross Noncurrent
TradeReceivableGrossNoncurrent
400000 USD
CY2019Q4 leg Trade Receivable Gross Current
TradeReceivableGrossCurrent
572900000 USD
CY2019Q4 leg Trade Receivable Gross Noncurrent
TradeReceivableGrossNoncurrent
600000 USD
CY2020Q3 leg Other Notes Receivable Current
OtherNotesReceivableCurrent
0 USD
CY2020Q3 leg Other Notes Receivable Noncurrent
OtherNotesReceivableNoncurrent
23000000.0 USD
CY2019Q4 leg Other Notes Receivable Current
OtherNotesReceivableCurrent
0 USD
CY2019Q4 leg Other Notes Receivable Noncurrent
OtherNotesReceivableNoncurrent
23400000 USD
CY2020Q3 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
11300000 USD
CY2020Q3 us-gaap Income Taxes Receivable Noncurrent
IncomeTaxesReceivableNoncurrent
0 USD
CY2019Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
15800000 USD
CY2019Q4 us-gaap Income Taxes Receivable Noncurrent
IncomeTaxesReceivableNoncurrent
0 USD
CY2020Q3 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
9200000 USD
CY2020Q3 leg Other Receivables Gross Noncurrent
OtherReceivablesGrossNoncurrent
0 USD
CY2019Q4 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
11700000 USD
CY2019Q4 leg Other Receivables Gross Noncurrent
OtherReceivablesGrossNoncurrent
0 USD
CY2020Q3 leg Other Receivables Total Gross Current
OtherReceivablesTotalGrossCurrent
20500000 USD
CY2020Q3 leg Other Receivables Total Gross Noncurrent
OtherReceivablesTotalGrossNoncurrent
23000000.0 USD
CY2019Q4 leg Other Receivables Total Gross Current
OtherReceivablesTotalGrossCurrent
27500000 USD
CY2019Q4 leg Other Receivables Total Gross Noncurrent
OtherReceivablesTotalGrossNoncurrent
23400000 USD
CY2020Q3 leg Receivables Gross Current
ReceivablesGrossCurrent
664300000 USD
CY2020Q3 leg Receivables Gross Noncurrent
ReceivablesGrossNoncurrent
23400000 USD
CY2019Q4 leg Receivables Gross Current
ReceivablesGrossCurrent
600400000 USD
CY2019Q4 leg Receivables Gross Noncurrent
ReceivablesGrossNoncurrent
24000000.0 USD
CY2020Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
22000000.0 USD
CY2020Q3 us-gaap Allowance For Doubtful Accounts Receivable Noncurrent
AllowanceForDoubtfulAccountsReceivableNoncurrent
0 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
8400000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Noncurrent
AllowanceForDoubtfulAccountsReceivableNoncurrent
0 USD
CY2020Q3 leg Allowance For Customer Related Notes Receivable Current
AllowanceForCustomerRelatedNotesReceivableCurrent
0 USD
CY2020Q3 leg Allowance For Customer Related Notes Receivable Noncurrent
AllowanceForCustomerRelatedNotesReceivableNoncurrent
0 USD
CY2019Q4 leg Allowance For Customer Related Notes Receivable Current
AllowanceForCustomerRelatedNotesReceivableCurrent
100000 USD
CY2019Q4 leg Allowance For Customer Related Notes Receivable Noncurrent
AllowanceForCustomerRelatedNotesReceivableNoncurrent
0 USD
CY2020Q3 leg Allowance For Trade Receivable Current
AllowanceForTradeReceivableCurrent
22000000.0 USD
CY2020Q3 leg Allowance For Trade Receivable Noncurrent
AllowanceForTradeReceivableNoncurrent
0 USD
CY2019Q4 leg Allowance For Trade Receivable Current
AllowanceForTradeReceivableCurrent
8500000 USD
CY2019Q4 leg Allowance For Trade Receivable Noncurrent
AllowanceForTradeReceivableNoncurrent
0 USD
CY2020Q3 leg Allowance For Other Notes Receivable Current
AllowanceForOtherNotesReceivableCurrent
0 USD
CY2020Q3 leg Allowance For Other Notes Receivable Noncurrent
AllowanceForOtherNotesReceivableNoncurrent
23000000.0 USD
CY2019Q4 leg Allowance For Other Notes Receivable Current
AllowanceForOtherNotesReceivableCurrent
0 USD
CY2019Q4 leg Allowance For Other Notes Receivable Noncurrent
AllowanceForOtherNotesReceivableNoncurrent
15000000.0 USD
CY2020Q3 leg Total Allowance For Doubtful Accounts Current
TotalAllowanceForDoubtfulAccountsCurrent
22000000.0 USD
CY2020Q3 leg Total Allowance For Doubtful Accounts Noncurrent
TotalAllowanceForDoubtfulAccountsNoncurrent
23000000.0 USD
CY2019Q4 leg Total Allowance For Doubtful Accounts Current
TotalAllowanceForDoubtfulAccountsCurrent
8500000 USD
CY2019Q4 leg Total Allowance For Doubtful Accounts Noncurrent
TotalAllowanceForDoubtfulAccountsNoncurrent
15000000.0 USD
CY2020Q3 us-gaap Receivables Net Current
ReceivablesNetCurrent
642300000 USD
CY2020Q3 leg Receivables Net Noncurrent
ReceivablesNetNoncurrent
400000 USD
CY2019Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
591900000 USD
CY2019Q4 leg Receivables Net Noncurrent
ReceivablesNetNoncurrent
9000000.0 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
23500000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
19400000 USD
leg Allowance For Doubtful Accounts Write Offs Against Allowance Net Of Recoveriesand Other
AllowanceForDoubtfulAccountsWriteOffsAgainstAllowanceNetOfRecoveriesandOther
-1200000 USD
CY2020Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
45000000.0 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
5200000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
6900000 USD
CY2020Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1700000 USD
CY2019Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
2200000 USD
us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
0 acquisition
us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
1 acquisition
CY2020Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
265400000 USD
CY2019Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
308700000 USD
CY2020Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
50800000 USD
CY2019Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
54400000 USD
CY2020Q3 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
318500000 USD
CY2019Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
323500000 USD
CY2020Q3 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
49400000 USD
CY2019Q3 us-gaap Business Acquisition Purchase Price Allocation Goodwill Expected Tax Deductible Amount
BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount
127300000 USD
us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
0 acquisition
CY2020Q3 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
0.0 USD
CY2019Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
9200000 USD
leg Business Combination Additional Consideration Transferred Including Interest
BusinessCombinationAdditionalConsiderationTransferredIncludingInterest
8400000 USD
leg Business Combination Additional Consideration Transferred Including Interest
BusinessCombinationAdditionalConsiderationTransferredIncludingInterest
1100000 USD
CY2019Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
49900000 USD
CY2020Q3 us-gaap Inventory Net
InventoryNet
585300000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
636700000 USD
CY2020Q3 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.40
CY2019Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
49900000 USD
CY2018Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
82200000 USD
CY2020Q2 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
47400000 USD
CY2019Q2 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
71800000 USD
us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
0 USD
us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
18000000.0 USD
CY2020Q3 us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
-2000000.0 USD
CY2019Q3 us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
7600000 USD
leg Inventory Lifo Reserve Allocated To Divested Business
InventoryLIFOReserveAllocatedToDivestedBusiness
500000 USD
leg Inventory Lifo Reserve Allocated To Divested Business
InventoryLIFOReserveAllocatedToDivestedBusiness
0 USD
CY2020Q3 leg Inventory Lifo Reserve Allocated To Divested Business
InventoryLIFOReserveAllocatedToDivestedBusiness
0 USD
CY2019Q3 leg Inventory Lifo Reserve Allocated To Divested Business
InventoryLIFOReserveAllocatedToDivestedBusiness
0 USD
CY2020Q3 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
49400000 USD
CY2019Q3 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
64200000 USD
CY2020Q3 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
49400000 USD
CY2019Q3 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
64200000 USD
CY2020Q2 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
10000000.0 USD
CY2020Q3 us-gaap Defined Benefit Plan Expected Future Employer Contributions Remainder Of Fiscal Year
DefinedBenefitPlanExpectedFutureEmployerContributionsRemainderOfFiscalYear
2000000.0 USD
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
3200000 USD
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
3000000.0 USD
CY2020Q3 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
1100000 USD
CY2019Q3 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
1000000.0 USD
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
5500000 USD
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
6400000 USD
CY2020Q3 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1800000 USD
CY2019Q3 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
2100000 USD
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
9000000.0 USD
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
8600000 USD
CY2020Q3 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
3000000.0 USD
CY2019Q3 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
2900000 USD
us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-3000000.0 USD
us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-2200000 USD
CY2020Q3 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-900000 USD
CY2019Q3 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-600000 USD
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
2700000 USD
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
3000000.0 USD
CY2020Q3 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
800000 USD
CY2019Q3 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
800000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1214600000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
104900000 USD
CY2020Q3 us-gaap Dividends Common Stock
DividendsCommonStock
53000000.0 USD
CY2020Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1900000 USD
CY2020Q3 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
1700000 USD
CY2020Q3 leg Other Comprehensive Income Loss Foreign Currency Transactionand Translation Adjustment Excluding Portion Attributableto Noncontrolling Interest Netof Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionandTranslationAdjustmentExcludingPortionAttributabletoNoncontrollingInterestNetofTax
26000000.0 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
3400000 USD
CY2020Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
400000 USD
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3900000 USD
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1300000000.0 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1238800000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
99600000 USD
CY2019Q3 us-gaap Dividends Common Stock
DividendsCommonStock
52600000 USD
CY2019Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
200000 USD
CY2019Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
7400000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
6600000 USD
CY2019Q3 leg Other Comprehensive Income Loss Foreign Currency Transactionand Translation Adjustment Excluding Portion Attributableto Noncontrolling Interest Netof Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionandTranslationAdjustmentExcludingPortionAttributabletoNoncontrollingInterestNetofTax
-32900000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-1200000 USD
CY2019Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
500000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4400000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1255600000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1312500000 USD
us-gaap Profit Loss
ProfitLoss
144500000 USD
us-gaap Dividends Common Stock
DividendsCommonStock
158800000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
10500000 USD
us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
5600000 USD
leg Other Comprehensive Income Loss Foreign Currency Transactionand Translation Adjustment Excluding Portion Attributableto Noncontrolling Interest Netof Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionandTranslationAdjustmentExcludingPortionAttributabletoNoncontrollingInterestNetofTax
-13700000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
800000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
2200000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
19900000 USD
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1300000000.0 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1157600000 USD
us-gaap Profit Loss
ProfitLoss
247000000.0 USD
us-gaap Dividends Common Stock
DividendsCommonStock
155000000.0 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
200000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
19900000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
-24700000 USD
us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
23500000 USD
leg Other Comprehensive Income Loss Foreign Currency Transactionand Translation Adjustment Excluding Portion Attributableto Noncontrolling Interest Netof Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionandTranslationAdjustmentExcludingPortionAttributabletoNoncontrollingInterestNetofTax
-23100000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
3400000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
1500000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
20700000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1255600000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
29100000 USD
CY2020Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
1600000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
900000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
-36000000.0 USD
CY2019Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
2500000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
100000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
-14000000.0 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
4600000 USD
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
1300000 USD
leg Other Comprehensive Income Loss Netof Tax Attributableto Noncontrolling Interest
OtherComprehensiveIncomeLossNetofTaxAttributabletoNoncontrollingInterest
-100000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
8300000 USD
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
1800000 USD
CY2020Q3 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0 USD
CY2020Q3 leg Fixed Rate Debt Amount Greater Less Than Carrying Value Net
FixedRateDebtAmountGreaterLessThanCarryingValueNet
135900000 USD
CY2020Q3 leg Fixed Rate Debt Carrying Value
FixedRateDebtCarryingValue
1587100000 USD
CY2019Q4 leg Fixed Rate Debt Amount Greater Less Than Carrying Value Net
FixedRateDebtAmountGreaterLessThanCarryingValueNet
98600000 USD
CY2019Q4 leg Fixed Rate Debt Carrying Value
FixedRateDebtCarryingValue
1585600000 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-5800000 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-6600000 USD
CY2020Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-400000 USD
CY2019Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-2900000 USD
us-gaap Restructuring Charges
RestructuringCharges
7600000 USD
us-gaap Restructuring Charges
RestructuringCharges
5300000 USD
CY2020Q3 us-gaap Restructuring Charges
RestructuringCharges
5100000 USD
CY2019Q3 us-gaap Restructuring Charges
RestructuringCharges
3400000 USD
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-300000 USD
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-1200000 USD
CY2020Q3 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-1900000 USD
CY2019Q3 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
600000 USD
us-gaap Gain Loss On Investments
GainLossOnInvestments
1100000 USD
us-gaap Gain Loss On Investments
GainLossOnInvestments
4800000 USD
CY2020Q3 us-gaap Gain Loss On Investments
GainLossOnInvestments
2300000 USD
CY2019Q3 us-gaap Gain Loss On Investments
GainLossOnInvestments
300000 USD
leg Government Subsidies Operating Income
GovernmentSubsidiesOperatingIncome
18400000 USD
leg Government Subsidies Operating Income
GovernmentSubsidiesOperatingIncome
0 USD
CY2020Q3 leg Government Subsidies Operating Income
GovernmentSubsidiesOperatingIncome
7000000.0 USD
CY2019Q3 leg Government Subsidies Operating Income
GovernmentSubsidiesOperatingIncome
0 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-300000 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
2100000 USD
CY2020Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-2100000 USD
CY2019Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
1000000.0 USD
leg Other Income Expense Net
OtherIncomeExpenseNet
11300000 USD
leg Other Income Expense Net
OtherIncomeExpenseNet
400000 USD
CY2020Q3 leg Other Income Expense Net
OtherIncomeExpenseNet
200000 USD
CY2019Q3 leg Other Income Expense Net
OtherIncomeExpenseNet
-1500000 USD
CY2019Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
700000 USD
CY2018Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
1900000 USD
CY2020Q2 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
500000 USD
CY2019Q2 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
2100000 USD
us-gaap Loss Contingency Accrual Provision
LossContingencyAccrualProvision
100000 USD
us-gaap Loss Contingency Accrual Provision
LossContingencyAccrualProvision
200000 USD
CY2020Q3 us-gaap Loss Contingency Accrual Provision
LossContingencyAccrualProvision
0 USD
CY2019Q3 us-gaap Loss Contingency Accrual Provision
LossContingencyAccrualProvision
0 USD
leg Loss Contingency Accrual Foreign Currency Translation Gain Loss
LossContingencyAccrualForeignCurrencyTranslationGainLoss
-100000 USD
leg Loss Contingency Accrual Foreign Currency Translation Gain Loss
LossContingencyAccrualForeignCurrencyTranslationGainLoss
0 USD
CY2020Q3 leg Loss Contingency Accrual Foreign Currency Translation Gain Loss
LossContingencyAccrualForeignCurrencyTranslationGainLoss
0 USD
CY2019Q3 leg Loss Contingency Accrual Foreign Currency Translation Gain Loss
LossContingencyAccrualForeignCurrencyTranslationGainLoss
0 USD
leg Proceeds From Payments For Legal Settlements
ProceedsFromPaymentsForLegalSettlements
-200000 USD
leg Proceeds From Payments For Legal Settlements
ProceedsFromPaymentsForLegalSettlements
-1800000 USD
CY2020Q3 leg Proceeds From Payments For Legal Settlements
ProceedsFromPaymentsForLegalSettlements
0 USD
CY2019Q3 leg Proceeds From Payments For Legal Settlements
ProceedsFromPaymentsForLegalSettlements
-1800000 USD
CY2020Q3 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
500000 USD
CY2019Q3 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
300000 USD
CY2020Q3 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
500000 USD
CY2019Q3 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
300000 USD
CY2020Q3 us-gaap Loss Contingency Range Of Possible Loss Portion Not Accrued
LossContingencyRangeOfPossibleLossPortionNotAccrued
10600000 USD
CY2020Q3 us-gaap Loss Contingency Range Of Possible Loss Portion Not Accrued
LossContingencyRangeOfPossibleLossPortionNotAccrued
10600000 USD

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