2024 Q2 Form 10-Q Financial Statement
#000005849224000338 Filed on May 08, 2024
Income Statement
Concept | 2024 Q2 | 2024 Q1 | 2023 Q4 |
---|---|---|---|
Revenue | $1.129B | $1.097B | $1.115B |
YoY Change | -7.58% | -10.58% | -6.75% |
Cost Of Revenue | $942.1M | $910.5M | $915.3M |
YoY Change | -5.8% | -8.49% | -7.1% |
Gross Profit | $186.5M | $186.4M | $199.8M |
YoY Change | -15.65% | -14.73% | -5.13% |
Gross Profit Margin | 16.52% | 16.99% | 17.92% |
Selling, General & Admin | $131.5M | $125.9M | $121.1M |
YoY Change | 10.32% | 8.53% | 10.29% |
% of Gross Profit | 70.51% | 67.54% | 60.61% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $32.60M | $4.900M | $17.40M |
YoY Change | 94.05% | -89.21% | 3.57% |
% of Gross Profit | 17.48% | 2.63% | 8.71% |
Operating Expenses | $131.5M | $123.4M | $566.6M |
YoY Change | 4.86% | 6.38% | 374.54% |
Operating Profit | $55.00M | $63.00M | -$366.8M |
YoY Change | -42.53% | -38.6% | -502.19% |
Interest Expense | $22.40M | -$20.60M | -$19.50M |
YoY Change | -201.82% | -193.21% | -12.16% |
% of Operating Profit | 40.73% | -32.7% | |
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | -$634.3M | $42.40M | -$386.3M |
YoY Change | -960.65% | -37.92% | -659.86% |
Income Tax | -$32.20M | $10.80M | -$88.90M |
% Of Pretax Income | 25.47% | ||
Net Earnings | -$602.2M | $31.60M | -$297.3M |
YoY Change | -1211.07% | -40.93% | -663.07% |
Net Earnings / Revenue | -53.36% | 2.88% | -26.66% |
Basic Earnings Per Share | -$4.39 | $0.23 | |
Diluted Earnings Per Share | -$4.39 | $0.23 | -$2.18 |
COMMON SHARES | |||
Basic Shares Outstanding | 134.0M shares | 133.7M shares | 133.3M shares |
Diluted Shares Outstanding | 137.3M shares | 137.3M shares |
Balance Sheet
Concept | 2024 Q2 | 2024 Q1 | 2023 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $307.0M | $361.3M | $365.5M |
YoY Change | 12.7% | 4.88% | 15.48% |
Cash & Equivalents | $307.0M | $361.3M | $365.5M |
Short-Term Investments | |||
Other Short-Term Assets | $77.50M | $56.50M | $58.90M |
YoY Change | 6.31% | -4.88% | -0.17% |
Inventory | $755.4M | $807.4M | $819.7M |
Prepaid Expenses | |||
Receivables | $593.0M | $577.4M | $637.3M |
Other Receivables | $55.70M | $57.70M | $0.00 |
Total Short-Term Assets | $1.789B | $1.860B | $1.881B |
YoY Change | -6.15% | -7.67% | -3.91% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $756.6M | $974.3M | $974.4M |
YoY Change | -24.43% | 23.86% | 26.15% |
Goodwill | $804.1M | $1.482B | $1.490B |
YoY Change | -45.56% | 0.54% | 1.04% |
Intangibles | $156.1M | $161.8M | $167.5M |
YoY Change | -75.79% | -75.5% | -75.2% |
Long-Term Investments | |||
YoY Change | |||
Other Assets | $141.2M | $136.8M | $121.4M |
YoY Change | 22.25% | 20.53% | 9.47% |
Total Long-Term Assets | $2.050B | $2.755B | $2.753B |
YoY Change | -36.69% | -15.38% | -14.71% |
TOTAL ASSETS | |||
Total Short-Term Assets | $1.789B | $1.860B | $1.881B |
Total Long-Term Assets | $2.050B | $2.755B | $2.753B |
Total Assets | $3.839B | $4.615B | $4.635B |
YoY Change | -25.38% | -12.43% | -10.64% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $521.8M | $495.6M | $536.2M |
YoY Change | 2.84% | -10.25% | 3.43% |
Accrued Expenses | $239.7M | $58.00M | $57.30M |
YoY Change | 325.75% | -75.61% | -78.1% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $301.0M | $303.8M | $308.0M |
YoY Change | 3570.73% | 3313.48% | 3176.6% |
Total Short-Term Liabilities | $1.168B | $1.188B | $1.263B |
YoY Change | 22.22% | 22.68% | 30.42% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $1.702B | $1.773B | $1.680B |
YoY Change | -15.59% | -15.93% | -19.02% |
Other Long-Term Liabilities | $90.40M | $158.5M | $150.5M |
YoY Change | -45.93% | 22.11% | 19.35% |
Total Long-Term Liabilities | $2.003B | $1.931B | $1.830B |
YoY Change | -8.29% | -26.68% | -28.97% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.168B | $1.188B | $1.263B |
Total Long-Term Liabilities | $2.003B | $1.931B | $1.830B |
Total Liabilities | $3.171B | $3.325B | $3.301B |
YoY Change | -8.78% | -7.7% | -6.89% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $2.019B | $2.630B | $2.661B |
YoY Change | -33.38% | -13.49% | -12.64% |
Common Stock | $573.8M | $571.0M | $575.8M |
YoY Change | 0.28% | 0.55% | 1.28% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $667.6M | $1.290B | $1.334B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $3.839B | $4.615B | $4.635B |
YoY Change | -25.38% | -12.43% | -10.64% |
Cashflow Statement
Concept | 2024 Q2 | 2024 Q1 | 2023 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$602.2M | $31.60M | -$297.3M |
YoY Change | -1211.07% | -40.93% | -663.07% |
Depreciation, Depletion And Amortization | $32.60M | $4.900M | $17.40M |
YoY Change | 94.05% | -89.21% | 3.57% |
Cash From Operating Activities | $94.00M | -$6.100M | $146.1M |
YoY Change | -15.01% | -106.31% | -40.87% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $15.50M | $25.90M | $23.40M |
YoY Change | -49.18% | -31.3% | -32.76% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $7.300M | -$300.0K | $9.500M |
YoY Change | 69.77% | -62.5% | -145.24% |
Cash From Investing Activities | -$8.200M | -$10.40M | -$13.90M |
YoY Change | -68.7% | -71.43% | -75.09% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | $61.30M | ||
YoY Change | 5.15% | ||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -135.2M | $18.10M | -48.00M |
YoY Change | -9.44% | -150.84% | -55.1% |
NET CHANGE | |||
Cash From Operating Activities | 94.00M | -$6.100M | 146.1M |
Cash From Investing Activities | -8.200M | -$10.40M | -13.90M |
Cash From Financing Activities | -135.2M | $18.10M | -48.00M |
Net Change In Cash | -49.40M | -$4.200M | 84.20M |
YoY Change | -23.88% | -115.0% | -0.24% |
FREE CASH FLOW | |||
Cash From Operating Activities | $94.00M | -$6.100M | $146.1M |
Capital Expenditures | $15.50M | $25.90M | $23.40M |
Free Cash Flow | $78.50M | -$32.00M | $122.7M |
YoY Change | -2.0% | -154.24% | -42.2% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
383800000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
416400000 | usd |
CY2024Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
161800000 | usd |
CY2023Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
167500000 | usd |
CY2024Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
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202200000 | usd |
CY2023Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
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CY2024Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
136800000 | usd |
CY2023Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
121400000 | usd |
CY2024Q1 | us-gaap |
Assets
Assets
|
4614800000 | usd |
CY2023Q4 | us-gaap |
Assets
Assets
|
4634500000 | usd |
CY2024Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
58000000.0 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
57300000 | usd |
CY2024Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
495600000 | usd |
CY2024Q1 | us-gaap |
Assets Noncurrent Other Than Noncurrent Investments And Property Plant And Equipment
AssetsNoncurrentOtherThanNoncurrentInvestmentsAndPropertyPlantAndEquipment
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Assets Noncurrent Other Than Noncurrent Investments And Property Plant And Equipment
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Debt Current
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Debt Current
DebtCurrent
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Accounts Payable Current
AccountsPayableCurrent
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CY2024Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
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229700000 | usd |
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Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
256800000 | usd |
CY2024Q1 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
101200000 | usd |
CY2023Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
104300000 | usd |
CY2024Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1188300000 | usd |
CY2023Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1262600000 | usd |
CY2024Q1 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
1772900000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
1679600000 | usd |
CY2024Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
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CY2023Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
150500000 | usd |
CY2024Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
105200000 | usd |
CY2023Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
106600000 | usd |
CY2024Q1 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
100400000 | usd |
CY2023Q4 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
101200000 | usd |
CY2024Q1 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
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CY2023Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
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Commitments And Contingencies
CommitmentsAndContingencies
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Commitments And Contingencies
CommitmentsAndContingencies
|
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Common Stock Value
CommonStockValue
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2000000.0 | usd |
CY2023Q4 | us-gaap |
Common Stock Value
CommonStockValue
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2000000.0 | usd |
CY2024Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
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569000000.0 | usd |
CY2023Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
575800000 | usd |
CY2024Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
2629600000 | usd |
CY2023Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
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CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1288800000 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1333300000 | usd |
CY2024Q1 | us-gaap |
Minority Interest
MinorityInterest
|
700000 | usd |
CY2023Q4 | us-gaap |
Minority Interest
MinorityInterest
|
700000 | usd |
CY2023Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-43700000 | usd |
CY2024Q1 | us-gaap |
Treasury Stock Common Value
TreasuryStockCommonValue
|
1843300000 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1334000000 | usd |
CY2024Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
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Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
4634500000 | usd |
CY2024Q1 | us-gaap |
Disposal Group Including Discontinued Operation Accounts Notes And Loans Receivable Net
DisposalGroupIncludingDiscontinuedOperationAccountsNotesAndLoansReceivableNet
|
50000000.0 | usd |
CY2024Q1 | leg |
Accounts Payable Third Party Programs
AccountsPayableThirdPartyPrograms
|
100000000.0 | usd |
CY2024Q1 | us-gaap |
Derivative Asset Statement Of Financial Position Extensible Enumeration
DerivativeAssetStatementOfFinancialPositionExtensibleEnumeration
|
http://fasb.org/us-gaap/2023#AssetsCurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent | |
CY2024Q1 | us-gaap |
Derivative Liability Statement Of Financial Position Extensible Enumeration
DerivativeLiabilityStatementOfFinancialPositionExtensibleEnumeration
|
http://fasb.org/us-gaap/2023#LiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent | |
CY2023Q4 | us-gaap |
Derivative Asset Statement Of Financial Position Extensible Enumeration
DerivativeAssetStatementOfFinancialPositionExtensibleEnumeration
|
http://fasb.org/us-gaap/2023#AssetsCurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent | |
CY2023Q4 | us-gaap |
Derivative Liability Statement Of Financial Position Extensible Enumeration
DerivativeLiabilityStatementOfFinancialPositionExtensibleEnumeration
|
http://fasb.org/us-gaap/2023#LiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent | |
CY2024Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-68500000 | usd |
CY2023Q4 | us-gaap |
Treasury Stock Common Value
TreasuryStockCommonValue
|
1861900000 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1289500000 | usd |
CY2024Q1 | us-gaap |
Gross Profit
GrossProfit
|
186400000 | usd |
CY2023Q1 | us-gaap |
Gross Profit
GrossProfit
|
218600000 | usd |
CY2024Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
125900000 | usd |
CY2023Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
116000000.0 | usd |
CY2024Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
4900000 | usd |
CY2023Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
16900000 | usd |
CY2024Q1 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
10200000 | usd |
CY2023Q1 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
300000 | usd |
CY2024Q1 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-2800000 | usd |
CY2023Q1 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
3300000 | usd |
CY2024Q1 | us-gaap |
Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
|
63000000.0 | usd |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
|
89300000 | usd |
CY2024Q1 | us-gaap |
Interest Expense
InterestExpense
|
21600000 | usd |
CY2023Q1 | us-gaap |
Interest Expense
InterestExpense
|
22100000 | usd |
CY2024Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1000000.0 | usd |
CY2023Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1100000 | usd |
CY2024Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
42400000 | usd |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
68300000 | usd |
CY2024Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
10800000 | usd |
CY2023Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
14800000 | usd |
CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
31600000 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
53500000 | usd |
CY2024Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | usd |
CY2023Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | usd |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
31600000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
53500000 | usd |
CY2024Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.23 | |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.39 | |
CY2024Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.23 | |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.39 | |
CY2024Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
136800000 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
135900000 | shares |
CY2024Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
137300000 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
136300000 | shares |
CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
31600000 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
53500000 | usd |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-23500000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
18700000 | usd |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
-1500000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
2700000 | usd |
CY2024Q1 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
200000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
200000 | usd |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-24800000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
21600000 | usd |
CY2024Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
6800000 | usd |
CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
75100000 | usd |
CY2024Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
0 | usd |
CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-100000 | usd |
CY2024Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
6800000 | usd |
CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
75200000 | usd |
CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
31600000 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
53500000 | usd |
CY2024Q1 | us-gaap |
Depreciation
Depreciation
|
27900000 | usd |
CY2023Q1 | us-gaap |
Depreciation
Depreciation
|
27400000 | usd |
CY2024Q1 | leg |
Amortization Of Intangible Assets And Supply Agreements
AmortizationOfIntangibleAssetsAndSupplyAgreements
|
5000000.0 | usd |
CY2023Q1 | leg |
Amortization Of Intangible Assets And Supply Agreements
AmortizationOfIntangibleAssetsAndSupplyAgreements
|
18000000.0 | usd |
CY2024Q1 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
2300000 | usd |
CY2023Q1 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | usd |
CY2024Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
4900000 | usd |
CY2023Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-2300000 | usd |
CY2024Q1 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
6400000 | usd |
CY2023Q1 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
4700000 | usd |
CY2024Q1 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
10200000 | usd |
CY2023Q1 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
300000 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-1000000.0 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
1200000 | usd |
CY2024Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
10000000.0 | usd |
CY2023Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
9700000 | usd |
CY2024Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
2900000 | usd |
CY2023Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-6000000.0 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
28800000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
38400000 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-800000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-13700000 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-1200000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
300000 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-35500000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
30800000 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-19800000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-24600000 | usd |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-6100000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
96700000 | usd |
CY2024Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
25900000 | usd |
CY2023Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
37700000 | usd |
CY2024Q1 | us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
15200000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
500000 | usd |
CY2024Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-300000 | usd |
CY2023Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-800000 | usd |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-10400000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-36400000 | usd |
CY2024Q1 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
4300000 | usd |
CY2023Q1 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
800000 | usd |
CY2024Q1 | us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
89200000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
29300000 | usd |
CY2024Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
61300000 | usd |
CY2023Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
58300000 | usd |
CY2024Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
4100000 | usd |
CY2023Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
5200000 | usd |
CY2024Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-1400000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-600000 | usd |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
18100000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-35600000 | usd |
CY2024Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-5800000 | usd |
CY2023Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
3300000 | usd |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-4200000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
28000000.0 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
365500000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
316500000 | usd |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
361300000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
344500000 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1334000000 | usd |
CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
31600000 | usd |
CY2024Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
61600000 | usd |
CY2024Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
4100000 | usd |
CY2024Q1 | us-gaap |
Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
|
2100000 | usd |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-24800000 | usd |
CY2024Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
12300000 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1289500000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1641400000 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
53500000 | usd |
CY2023Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
58500000 | usd |
CY2023Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
5200000 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
|
2000000.0 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
21600000 | usd |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
12300000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1667100000 | usd |
CY2024Q1 | us-gaap |
Basis Of Accounting
BasisOfAccounting
|
Interim Presentation<div style="margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The interim financial statements of Leggett & 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:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The December 31, 2023 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="margin-top:9pt;text-indent:14.4pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%;text-decoration:underline">Accounts Receivable and Accounts Payable Programs</span></div><div style="margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We participate in trade receivables sales programs in combination with third-party banking institutions and certain customers. Under each of these programs, we sell our entire interest in the trade receivable for 100% of face value, less a discount. Because control of the sold receivable is transferred to the buyer at the time of sale, accounts receivable balances sold are removed from the Consolidated Condensed Balance Sheets and the related proceeds are reported as cash provided by operating activities in the Consolidated Condensed Statements of Cash Flows. We had approximately $50.0 and $60.0 of trade receivables that were sold and removed from our balance sheets at March 31, 2024 and December 31, 2023, respectively.</span></div><div style="margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We sometimes utilize third-party programs that allow our suppliers to be paid earlier at a discount. While these programs assist us in negotiating payment terms with our suppliers, we continue to make payments based on our customary terms. A supplier can elect to take payment from a third party earlier with a discount, and in that case, we pay the third party on the original due date of the invoice. Contracts with our suppliers are negotiated independently of supplier participation in the programs, and we cannot increase payment terms pursuant to the programs. The accounts payable associated with the third-party programs, which remain on our Consolidated Condensed Balance Sheets, were approximately $100.0 at March 31, 2024 and $105.0 at December 31, 2023.</span></div><div style="margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The above items encompass multiple individual programs that are utilized as tools in our cash flow management, and we offer them as options to facilitate customer and vendor operating cycles. Because many of these programs operate independently, and a cessation of all these programs at the same time is not reasonably likely, we do not expect changes in these programs to have a material impact on our operating cash flows or liquidity.</span></div><div style="margin-top:9pt;text-indent:14.4pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%;text-decoration:underline">New Accounting Guidance</span></div><div style="margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Arial',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 future periods that are most relevant to our financial statements:</span></div><div style="margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Arial',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="margin-top:5pt;padding-left:49.5pt;text-indent:-9pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:5.5pt">ASU 2023-07 “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures”: This ASU requires additional disclosures about reportable segments' expenses and other items on an interim and annual basis. This guidance will be effective for annual periods beginning January 1, 2024, and interim periods beginning January 1, 2025. We are currently evaluating the impact of adopting this guidance. </span></div><div style="margin-top:5pt;padding-left:49.5pt;text-indent:-9pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:5.5pt">ASU 2023-09 “Income Taxes (Topic 740): Improvements to Income Tax Disclosures”: This ASU requires disclosure of specific categories in the rate reconciliation and income taxes paid disaggregated by jurisdiction. This guidance will be effective for annual periods beginning January 1, 2025. We are currently evaluating the impact of adopting this guidance.</span></div><div style="margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The FASB has issued accounting guidance, in addition to the issuances 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> | |
CY2024Q1 | leg |
Accounts Receivable Trade Percentage Of Face Value Interest Sold
AccountsReceivableTradePercentageOfFaceValueInterestSold
|
1 | |
CY2023Q4 | us-gaap |
Disposal Group Including Discontinued Operation Accounts Notes And Loans Receivable Net
DisposalGroupIncludingDiscontinuedOperationAccountsNotesAndLoansReceivableNet
|
60000000.0 | usd |
CY2023Q4 | leg |
Accounts Payable Third Party Programs
AccountsPayableThirdPartyPrograms
|
105000000.0 | usd |
CY2024Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1096900000 | usd |
CY2023Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1213600000 | usd |
CY2024Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
3 | segment |
CY2024Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1096900000 | usd |
CY2024Q1 | us-gaap |
Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
|
63000000.0 | usd |
CY2024Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
32900000 | usd |
CY2023Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1213600000 | usd |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
|
89300000 | usd |
CY2023Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
45400000 | usd |
CY2024Q1 | us-gaap |
Assets
Assets
|
4614800000 | usd |
CY2023Q4 | us-gaap |
Assets
Assets
|
4634500000 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
53500000 | usd |
CY2024Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | usd |
CY2023Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | usd |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
31600000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
53500000 | usd |
CY2024Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
136800000 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
135900000 | shares |
CY2024Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
500000 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
400000 | shares |
CY2024Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
137300000 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
136300000 | shares |
CY2024Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.23 | |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.39 | |
CY2024Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.23 | |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.39 | |
CY2024Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
500000 | shares |
CY2023Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
500000 | shares |
CY2024Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.46 | |
CY2023Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.44 | |
CY2024Q1 | us-gaap |
Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
|
10800000 | usd |
CY2024Q1 | us-gaap |
Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
|
10800000 | usd |
CY2024Q1 | leg |
Restructuring And Related Cost Cash Charges Expensed
RestructuringAndRelatedCostCashChargesExpensed
|
6200000 | usd |
CY2024Q1 | us-gaap |
Restructuring Costs
RestructuringCosts
|
2800000 | usd |
CY2024Q1 | leg |
Restructuring And Related Cost Cash Charges Expensed
RestructuringAndRelatedCostCashChargesExpensed
|
6200000 | usd |
CY2023Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
0 | usd |
CY2024Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
5700000 | usd |
CY2024Q1 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
3800000 | usd |
CY2024Q1 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
1900000 | usd |
CY2024Q1 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
3200000 | usd |
CY2024Q1 | us-gaap |
Income Taxes Receivable Noncurrent
IncomeTaxesReceivableNoncurrent
|
0 | usd |
CY2023Q4 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
3100000 | usd |
CY2023Q4 | us-gaap |
Income Taxes Receivable Noncurrent
IncomeTaxesReceivableNoncurrent
|
0 | usd |
CY2024Q1 | us-gaap |
Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
|
43000000.0 | usd |
CY2024Q1 | us-gaap |
Value Added Tax Receivable Noncurrent
ValueAddedTaxReceivableNoncurrent
|
20000000.0 | usd |
CY2023Q4 | us-gaap |
Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
|
56600000 | usd |
CY2023Q4 | us-gaap |
Value Added Tax Receivable Noncurrent
ValueAddedTaxReceivableNoncurrent
|
0 | usd |
CY2024Q1 | us-gaap |
Other Receivables Gross Current
OtherReceivablesGrossCurrent
|
11500000 | usd |
CY2024Q1 | leg |
Other Receivables Gross Noncurrent
OtherReceivablesGrossNoncurrent
|
1200000 | usd |
CY2023Q4 | us-gaap |
Other Receivables Gross Current
OtherReceivablesGrossCurrent
|
12700000 | usd |
CY2023Q4 | leg |
Other Receivables Gross Noncurrent
OtherReceivablesGrossNoncurrent
|
1200000 | usd |
CY2024Q1 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
57700000 | usd |
CY2024Q1 | leg |
Other Receivables Net Noncurrent
OtherReceivablesNetNoncurrent
|
21200000 | usd |
CY2023Q4 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
72400000 | usd |
CY2023Q4 | leg |
Other Receivables Net Noncurrent
OtherReceivablesNetNoncurrent
|
1200000 | usd |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
10500000 | usd |
CY2024Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
4900000 | usd |
CY2024Q1 | leg |
Allowance For Doubtful Accounts Write Offs Against Allowance Net Of Recoveriesand Other
AllowanceForDoubtfulAccountsWriteOffsAgainstAllowanceNetOfRecoveriesandOther
|
-800000 | usd |
CY2024Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
14600000 | usd |
CY2024Q1 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
362500000 | usd |
CY2023Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
361300000 | usd |
CY2024Q1 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
74700000 | usd |
CY2023Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
73500000 | usd |
CY2024Q1 | us-gaap |
Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
|
370200000 | usd |
CY2023Q4 | us-gaap |
Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
|
384900000 | usd |
CY2024Q1 | us-gaap |
Inventory Net
InventoryNet
|
807400000 | usd |
CY2023Q4 | us-gaap |
Inventory Net
InventoryNet
|
819700000 | usd |
CY2024Q1 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
1200000 | usd |
CY2023Q1 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
2300000 | usd |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
|
-24300000 | usd |
CY2024Q1 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
|
-800000 | usd |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
-300000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
|
21200000 | usd |
CY2023Q1 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
|
1000000.0 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
600000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
100000 | usd |
CY2024Q1 | us-gaap |
Derivative Assets Current
DerivativeAssetsCurrent
|
4300000 | usd |
CY2024Q1 | us-gaap |
Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
|
200000 | usd |
CY2024Q1 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
3300000 | usd |
CY2024Q1 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
0 | usd |
CY2023Q4 | us-gaap |
Derivative Assets Current
DerivativeAssetsCurrent
|
5700000 | usd |
CY2023Q4 | us-gaap |
Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
|
500000 | usd |
CY2023Q4 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
3300000 | usd |
CY2023Q4 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
200000 | usd |
CY2024Q1 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
1400000 | usd |
CY2023Q1 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-2000000.0 | usd |
CY2024Q1 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
1500000 | usd |
CY2023Q4 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
1400000 | usd |
CY2024Q1 | us-gaap |
Loss Contingency Range Of Possible Loss Portion Not Accrued
LossContingencyRangeOfPossibleLossPortionNotAccrued
|
15000000.0 | usd |
CY2024Q1 | us-gaap |
Loss Contingency Range Of Possible Loss Portion Not Accrued
LossContingencyRangeOfPossibleLossPortionNotAccrued
|
15000000.0 | usd |
CY2024Q1 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q1 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q1 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
CY2024Q1 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false |