2024 Q4 Form 10-Q Financial Statement

#000005849224000648 Filed on November 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $1.102B
YoY Change -6.27%
Cost Of Revenue $901.1M
YoY Change -6.24%
Gross Profit $200.6M
YoY Change -6.39%
Gross Profit Margin 18.21%
Selling, General & Admin $127.0M
YoY Change 16.41%
% of Gross Profit 63.31%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $7.200M
YoY Change -84.0%
% of Gross Profit 3.59%
Operating Expenses $122.9M
YoY Change 12.65%
Operating Profit $77.70M
YoY Change -26.14%
Interest Expense -$20.00M
YoY Change -190.91%
% of Operating Profit -25.74%
Other Income/Expense, Net
YoY Change
Pretax Income $57.70M
YoY Change -18.62%
Income Tax $12.80M
% Of Pretax Income 22.18%
Net Earnings $44.90M
YoY Change -14.96%
Net Earnings / Revenue 4.08%
Basic Earnings Per Share $0.33
Diluted Earnings Per Share $0.33
COMMON SHARES
Basic Shares Outstanding 134.3M shares 134.2M shares
Diluted Shares Outstanding 138.0M shares

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $277.2M
YoY Change 1.2%
Cash & Equivalents $277.2M
Short-Term Investments
Other Short-Term Assets $64.80M
YoY Change -1.97%
Inventory $754.4M
Prepaid Expenses
Receivables $638.1M
Other Receivables $0.00
Total Short-Term Assets $1.735B
YoY Change -8.04%
LONG-TERM ASSETS
Property, Plant & Equipment $937.1M
YoY Change 20.65%
Goodwill $814.7M
YoY Change -44.78%
Intangibles $151.4M
YoY Change -75.68%
Long-Term Investments
YoY Change
Other Assets $142.4M
YoY Change 22.02%
Total Long-Term Assets $2.046B
YoY Change -35.9%
TOTAL ASSETS
Total Short-Term Assets $1.735B
Total Long-Term Assets $2.046B
Total Assets $3.780B
YoY Change -25.55%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $516.0M
YoY Change -3.39%
Accrued Expenses $53.70M
YoY Change -81.82%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $301.1M
YoY Change 3283.15%
Total Short-Term Liabilities $1.172B
YoY Change 16.11%
LONG-TERM LIABILITIES
Long-Term Debt $1.578B
YoY Change -19.6%
Other Long-Term Liabilities $143.3M
YoY Change 31.95%
Total Long-Term Liabilities $1.722B
YoY Change -29.23%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.172B
Total Long-Term Liabilities $1.722B
Total Liabilities $3.038B
YoY Change -11.72%
SHAREHOLDERS EQUITY
Retained Earnings $2.057B
YoY Change -31.91%
Common Stock $572.8M
YoY Change -0.45%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $741.8M
YoY Change
Total Liabilities & Shareholders Equity $3.780B
YoY Change -25.55%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income $44.90M
YoY Change -14.96%
Depreciation, Depletion And Amortization $7.200M
YoY Change -84.0%
Cash From Operating Activities $95.50M
YoY Change -33.59%
INVESTING ACTIVITIES
Capital Expenditures $18.40M
YoY Change -17.12%
Acquisitions
YoY Change
Other Investing Activities $18.20M
YoY Change 145.95%
Cash From Investing Activities -$200.0K
YoY Change -98.65%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -129.5M
YoY Change 2.86%
NET CHANGE
Cash From Operating Activities 95.50M
Cash From Investing Activities -200.0K
Cash From Financing Activities -129.5M
Net Change In Cash -34.20M
YoY Change -1203.23%
FREE CASH FLOW
Cash From Operating Activities $95.50M
Capital Expenditures $18.40M
Free Cash Flow $77.10M
YoY Change -36.6%

Facts In Submission

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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 &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: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 $45.0 and $60.0 of trade receivables that were sold and removed from our balance sheets at September 30, 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 or for a fee. 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 September 30, 2024 and $105.0 at 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%">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">Not yet adopted</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;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 2024-03 "Income Statement (Subtopic 220-40)—Reporting Comprehensive Income—Expense Disaggregation Disclosures": This ASU requires disaggregated disclosures for specific categories such as inventory purchases, employee compensation, depreciation, and amortization, as well as other qualitative descriptions.</span></div><div style="margin-top:5pt;padding-left:49.5pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">This guidance will be effective for annual periods beginning January 1, 2027, and interim periods beginning January 1, 2028. 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>
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AccountsReceivableTradePercentageOfFaceValueInterestSold
1
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DisposalGroupIncludingDiscontinuedOperationAccountsNotesAndLoansReceivableNet
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CY2023Q4 us-gaap Disposal Group Including Discontinued Operation Accounts Notes And Loans Receivable Net
DisposalGroupIncludingDiscontinuedOperationAccountsNotesAndLoansReceivableNet
60000000.0 usd
CY2024Q3 leg Accounts Payable Third Party Programs
AccountsPayableThirdPartyPrograms
100000000.0 usd
CY2023Q4 leg Accounts Payable Third Party Programs
AccountsPayableThirdPartyPrograms
105000000.0 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3327200000 usd
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1101700000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1175400000 usd
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1101700000 usd
CY2024Q3 us-gaap Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
77700000 usd
CY2024Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
36400000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1175400000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
91400000 usd
CY2023Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
45000000.0 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3327200000 usd
us-gaap Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
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us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
101900000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3610200000 usd
us-gaap Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
276400000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
135100000 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
675300000 usd
CY2023Q4 us-gaap Assets
Assets
4634500000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
100000 usd
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
136200000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
136400000 shares
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.56
CY2023 leg Restructuring And Related Cost Cash Charges Expensed
RestructuringAndRelatedCostCashChargesExpensed
2700000 usd
CY2023Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
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us-gaap Asset Impairment Charges
AssetImpairmentCharges
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us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
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us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
3200000 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
678500000 usd
CY2024Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2024Q3 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
600000 usd
CY2024Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
600000 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
675300000 usd
CY2023Q4 us-gaap Share Price
SharePrice
26.17
CY2024Q2 us-gaap Share Price
SharePrice
11.46
CY2024Q3 us-gaap Goodwill Fair Value Disclosure
GoodwillFairValueDisclosure
814700000 usd
CY2024Q3 leg Fair Value Inputs Long Term Growth Rate Debt Free Cash Flow
FairValueInputsLongTermGrowthRateDebtFreeCashFlow
0.03
CY2023Q4 us-gaap Goodwill Fair Value Disclosure
GoodwillFairValueDisclosure
1489800000 usd
CY2023Q4 leg Fair Value Inputs Long Term Growth Rate Debt Free Cash Flow
FairValueInputsLongTermGrowthRateDebtFreeCashFlow
0.03
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IncomeTaxesReceivable
3600000 usd
CY2024Q3 us-gaap Income Taxes Receivable Noncurrent
IncomeTaxesReceivableNoncurrent
0 usd
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IncomeTaxesReceivable
3100000 usd
CY2023Q4 us-gaap Income Taxes Receivable Noncurrent
IncomeTaxesReceivableNoncurrent
0 usd
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ValueAddedTaxReceivableCurrent
39600000 usd
CY2024Q3 us-gaap Value Added Tax Receivable Noncurrent
ValueAddedTaxReceivableNoncurrent
6100000 usd
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ValueAddedTaxReceivableCurrent
56600000 usd
CY2023Q4 us-gaap Value Added Tax Receivable Noncurrent
ValueAddedTaxReceivableNoncurrent
0 usd
CY2024Q3 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
11000000.0 usd
CY2024Q3 leg Other Receivables Gross Noncurrent
OtherReceivablesGrossNoncurrent
4700000 usd
CY2023Q4 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
12700000 usd
CY2023Q4 leg Other Receivables Gross Noncurrent
OtherReceivablesGrossNoncurrent
1200000 usd
CY2024Q3 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
54200000 usd
CY2024Q3 leg Other Receivables Net Noncurrent
OtherReceivablesNetNoncurrent
10800000 usd
CY2023Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
72400000 usd
CY2023Q4 leg Other Receivables Net Noncurrent
OtherReceivablesNetNoncurrent
1200000 usd
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AllowanceForDoubtfulAccountsReceivable
10500000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
8500000 usd
leg Allowance For Doubtful Accounts Write Offs Against Allowance Net Of Recoveriesand Other
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CY2024Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
17100000 usd
CY2024Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
326400000 usd
CY2023Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
361300000 usd
CY2024Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
74700000 usd
CY2024Q3 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
353300000 usd
CY2024Q3 us-gaap Inventory Net
InventoryNet
754400000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
819700000 usd
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
2900000 usd
CY2024Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
700000 usd
us-gaap Restructuring Charges
RestructuringCharges
16500000 usd
us-gaap Restructuring Charges
RestructuringCharges
2700000 usd
CY2023Q3 us-gaap Restructuring Charges
RestructuringCharges
2500000 usd
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
1000000.0 usd
us-gaap Gain Loss On Investments
GainLossOnInvestments
7000000.0 usd
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
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CY2024Q3 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
0 usd
CY2023Q3 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
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leg Non Service Pension Income Expense
NonServicePensionIncomeExpense
1100000 usd
leg Non Service Pension Income Expense
NonServicePensionIncomeExpense
300000 usd
leg Other Operating Income Expense Misc Net
OtherOperatingIncomeExpenseMiscNet
2500000 usd
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
1500000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
33500000 usd
CY2024Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
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CY2024Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
200000 usd
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OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
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OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
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CY2023Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
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OtherComprehensiveIncomeLossTax
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OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
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us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
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us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
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us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
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us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
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us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
3000000.0 usd
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
200000 usd
CY2024Q3 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
2800000 usd
CY2024Q3 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
200000 usd
CY2024Q3 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
1900000 usd
CY2024Q3 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
300000 usd
CY2023Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
5700000 usd
CY2023Q4 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
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CY2023Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
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CY2023Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
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us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
100000 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
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CY2024Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-1900000 usd
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DerivativeGainLossOnDerivativeNet
700000 usd
CY2024Q3 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
1500000 usd
CY2023Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
1400000 usd
CY2024Q3 us-gaap Loss Contingency Range Of Possible Loss Portion Not Accrued
LossContingencyRangeOfPossibleLossPortionNotAccrued
14000000.0 usd
CY2024Q3 us-gaap Loss Contingency Range Of Possible Loss Portion Not Accrued
LossContingencyRangeOfPossibleLossPortionNotAccrued
14000000.0 usd
CY2024Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

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