2018 Q1 Form 10-K Financial Statement

#000106920219000008 Filed on February 19, 2019

View on sec.gov

Income Statement

Concept 2018 Q1 2017 Q4 2017 Q3
Revenue $834.8M $891.8M $1.052B
YoY Change 5.22% -0.61% 4.19%
Cost Of Revenue $611.6M $632.0M $738.6M
YoY Change 5.0% 0.38% 5.56%
Gross Profit $223.2M $259.8M $313.7M
YoY Change 5.83% -2.91% 1.1%
Gross Profit Margin 26.74% 29.13% 29.81%
Selling, General & Admin $155.2M $158.1M $158.7M
YoY Change 1.84% -4.07% 1.41%
% of Gross Profit 69.53% 60.85% 50.59%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $16.60M $16.50M $16.10M
YoY Change 5.73% 12.24% 8.05%
% of Gross Profit 7.44% 6.35% 5.13%
Operating Expenses $155.2M $161.0M $158.7M
YoY Change 1.84% -1.65% 1.41%
Operating Profit $53.00M $98.80M $154.6M
YoY Change -12.83% -4.91% -1.47%
Interest Expense $8.400M -$300.0K $7.600M
YoY Change 13.51% -94.74% 8.57%
% of Operating Profit 15.85% -0.3% 4.92%
Other Income/Expense, Net -$600.0K -$100.0K $0.00
YoY Change -200.0%
Pretax Income $44.00M $96.30M $147.0M
YoY Change -17.6% 58.39% -1.93%
Income Tax $6.100M $21.00M $43.00M
% Of Pretax Income 13.86% 21.81% 29.25%
Net Earnings $37.90M $43.10M $103.5M
YoY Change -12.87% 6.68% 1.77%
Net Earnings / Revenue 4.54% 4.83% 9.84%
Basic Earnings Per Share $0.91 $1.03 $2.47
Diluted Earnings Per Share $0.90 $1.02 $2.44
COMMON SHARES
Basic Shares Outstanding 41.50M shares 41.77M shares 41.90M shares
Diluted Shares Outstanding 42.10M shares 42.40M shares

Balance Sheet

Concept 2018 Q1 2017 Q4 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $57.10M $68.20M $60.70M
YoY Change 17.01% 35.86% 26.99%
Cash & Equivalents $46.10M $68.20M $60.70M
Short-Term Investments
Other Short-Term Assets $106.4M $78.40M $80.90M
YoY Change 4.93% 16.32% 8.88%
Inventory $561.5M $484.2M $530.9M
Prepaid Expenses
Receivables $528.5M $506.5M $598.1M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.347B $1.137B $1.271B
YoY Change 13.52% 13.06% 8.92%
LONG-TERM ASSETS
Property, Plant & Equipment $390.1M $397.8M $374.6M
YoY Change 6.7% 10.07% 8.2%
Goodwill $190.3M $200.5M $200.6M
YoY Change -3.69% 2.77% 1.06%
Intangibles
YoY Change
Long-Term Investments $3.900M $33.30M $4.700M
YoY Change -25.0% 8.47% 2.17%
Other Assets $64.90M $61.50M $66.60M
YoY Change -3.13% 0.49% -2.06%
Total Long-Term Assets $739.3M $754.2M $785.1M
YoY Change -3.26% -0.03% 3.29%
TOTAL ASSETS
Total Short-Term Assets $1.347B $1.137B $1.271B
Total Long-Term Assets $739.3M $754.2M $785.1M
Total Assets $2.086B $1.892B $2.056B
YoY Change 6.95% 7.45% 6.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $357.9M $348.6M $394.5M
YoY Change -10.75% -3.49% 6.13%
Accrued Expenses $226.0M $270.3M $278.4M
YoY Change 0.53% 1.65% 2.28%
Deferred Revenue $6.500M $7.300M
YoY Change
Short-Term Debt $900.0K $900.0K $326.0M
YoY Change -99.55% -98.28% -0.55%
Long-Term Debt Due $500.0K $32.60M $500.0K
YoY Change -28.57% -83.71% -44.44%
Total Short-Term Liabilities $712.8M $654.5M $1.024B
YoY Change -31.3% -26.34% -13.84%
LONG-TERM LIABILITIES
Long-Term Debt $1.258B $970.5M $775.7M
YoY Change 81.34% 57.63% 51.36%
Other Long-Term Liabilities $129.2M $131.9M $131.7M
YoY Change -0.23% 3.29% 3.95%
Total Long-Term Liabilities $129.2M $131.9M $131.7M
YoY Change -0.23% 3.29% 3.95%
TOTAL LIABILITIES
Total Short-Term Liabilities $712.8M $654.5M $1.024B
Total Long-Term Liabilities $129.2M $131.9M $131.7M
Total Liabilities $2.189B $1.841B $2.023B
YoY Change 12.15% 6.92% 6.35%
SHAREHOLDERS EQUITY
Retained Earnings $1.575B $1.576B $1.554B
YoY Change 14.28% 16.47% 16.78%
Common Stock $1.038B $1.062B $1.049B
YoY Change 0.25% 1.46% 2.99%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.569B $2.431B $2.414B
YoY Change 14.77% 12.15% 12.88%
Treasury Stock Shares 45.85M shares 45.36M shares 45.40M shares
Shareholders Equity -$102.6M $50.10M $32.10M
YoY Change
Total Liabilities & Shareholders Equity $2.086B $1.892B $2.056B
YoY Change 6.95% 7.45% 6.7%

Cashflow Statement

Concept 2018 Q1 2017 Q4 2017 Q3
OPERATING ACTIVITIES
Net Income $37.90M $43.10M $103.5M
YoY Change -12.87% 6.68% 1.77%
Depreciation, Depletion And Amortization $16.60M $16.50M $16.10M
YoY Change 5.73% 12.24% 8.05%
Cash From Operating Activities -$83.50M $196.1M $177.3M
YoY Change -22.4% -26.55% 65.86%
INVESTING ACTIVITIES
Capital Expenditures $22.70M -$37.80M -$17.10M
YoY Change -8.84% 51.81% -128.79%
Acquisitions
YoY Change
Other Investing Activities $100.0K $0.00 $0.00
YoY Change 0.0% -100.0%
Cash From Investing Activities -$22.60M -$37.80M -$17.10M
YoY Change -8.87% 53.04% -71.21%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $150.0M
YoY Change 100.0%
Debt Paid & Issued, Net $10.20M
YoY Change 5000.0%
Cash From Financing Activities $96.00M -151.0M -162.7M
YoY Change -25.23% -35.14% 289.23%
NET CHANGE
Cash From Operating Activities -$83.50M 196.1M 177.3M
Cash From Investing Activities -$22.60M -37.80M -17.10M
Cash From Financing Activities $96.00M -151.0M -162.7M
Net Change In Cash -$10.10M 7.300M -2.500M
YoY Change 152.5% -23.16% -143.86%
FREE CASH FLOW
Cash From Operating Activities -$83.50M $196.1M $177.3M
Capital Expenditures $22.70M -$37.80M -$17.10M
Free Cash Flow -$106.2M $233.9M $194.4M
YoY Change -19.85% -19.87% 309.26%

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2200000 USD
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1700000 USD
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400000 USD
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CY2017 us-gaap Gross Profit
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361600000 USD
CY2018Q3 us-gaap Gross Profit
GrossProfit
301900000 USD
CY2018Q4 us-gaap Gross Profit
GrossProfit
224500000 USD
CY2018 us-gaap Gross Profit
GrossProfit
1111200000 USD
CY2016 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 USD
CY2017 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 USD
CY2016 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 USD
CY2017 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 USD
CY2016 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
278600000 USD
CY2017 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
307100000 USD
CY2018 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
360300000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
374800000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
402500000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
428700000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
402700000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
464000000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
467900000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
27900000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
61500000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
39200000 USD
CY2016 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
6.41
CY2017 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
7.28
CY2018 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
8.87
CY2016 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
6.34
CY2017 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
7.17
CY2018 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
8.77
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-800000 USD
CY2017 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-1400000 USD
CY2018 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-1300000 USD
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.02
CY2017 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.03
CY2018 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.03
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.02
CY2017 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.03
CY2018 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.03
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
18400000 USD
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
18400000 USD
CY2018 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
12000000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
124100000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
156900000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
107600000 USD
CY2016 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-4300000 USD
CY2017 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
6400000 USD
CY2018 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
5000000 USD
CY2016 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-600000 USD
CY2017 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
31800000 USD
CY2018 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
1900000 USD
CY2016 us-gaap Income Tax Reconciliation Deductions
IncomeTaxReconciliationDeductions
3000000 USD
CY2017 us-gaap Income Tax Reconciliation Deductions
IncomeTaxReconciliationDeductions
2300000 USD
CY2018 us-gaap Income Tax Reconciliation Deductions
IncomeTaxReconciliationDeductions
1200000 USD
CY2016 us-gaap Income Tax Reconciliation Deductions Other
IncomeTaxReconciliationDeductionsOther
9200000 USD
CY2017 us-gaap Income Tax Reconciliation Deductions Other
IncomeTaxReconciliationDeductionsOther
9600000 USD
CY2018 us-gaap Income Tax Reconciliation Deductions Other
IncomeTaxReconciliationDeductionsOther
0 USD
CY2016 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-1300000 USD
CY2017 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-9000000 USD
CY2018 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-3200000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
141000000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
162400000 USD
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
98300000 USD
CY2016 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
16900000 USD
CY2017 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
300000 USD
CY2018 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
3900000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
12800000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
9200000 USD
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
15500000 USD
CY2016 us-gaap Income Tax Reconciliation Tax Contingencies Other
IncomeTaxReconciliationTaxContingenciesOther
-300000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Contingencies Other
IncomeTaxReconciliationTaxContingenciesOther
-100000 USD
CY2018 us-gaap Income Tax Reconciliation Tax Contingencies Other
IncomeTaxReconciliationTaxContingenciesOther
400000 USD
CY2016 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
27900000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
8600000 USD
CY2018 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
2500000 USD
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
127400000 USD
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
119300000 USD
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
90000000 USD
CY2016 us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
50600000 USD
CY2017 us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
28400000 USD
CY2018 us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
9900000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
40100000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-18500000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
102200000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
0 USD
CY2017 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
0 USD
CY2018 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
0 USD
CY2017 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-1400000 USD
CY2016 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
36200000 USD
CY2017 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
300000 USD
CY2018 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
5900000 USD
CY2017 us-gaap Increase Decrease In Deferred Income Taxes
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900000 USD
CY2018 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-100000 USD
CY2016 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
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-100000 USD
CY2017 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
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-6700000 USD
CY2018 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-5500000 USD
CY2016 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-300000 USD
CY2017 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
56400000 USD
CY2018 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
84200000 USD
CY2016 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-100000 USD
CY2017 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
6100000 USD
CY2018 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
200000 USD
CY2016 us-gaap Increase Decrease In Other Operating Capital Net
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-2200000 USD
CY2017 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-300000 USD
CY2018 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
3600000 USD
CY2017 us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
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CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
600000 shares
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
600000 shares
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
500000 shares
CY2016 us-gaap Insurance Recoveries
InsuranceRecoveries
0 USD
CY2017 us-gaap Insurance Recoveries
InsuranceRecoveries
0 USD
CY2018 us-gaap Insurance Recoveries
InsuranceRecoveries
124300000 USD
CY2016 us-gaap Interest Expense
InterestExpense
27000000 USD
CY2017 us-gaap Interest Expense
InterestExpense
30600000 USD
CY2018 us-gaap Interest Expense
InterestExpense
38300000 USD
CY2016 us-gaap Interest Expense Other
InterestExpenseOther
28100000 USD
CY2017 us-gaap Interest Expense Other
InterestExpenseOther
32100000 USD
CY2018 us-gaap Interest Expense Other
InterestExpenseOther
39100000 USD
CY2016 us-gaap Interest Paid Net
InterestPaidNet
26300000 USD
CY2017 us-gaap Interest Paid Net
InterestPaidNet
32400000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
38700000 USD
CY2017Q4 us-gaap Inventory Finished Goods
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331900000 USD
CY2018Q4 us-gaap Inventory Finished Goods
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330500000 USD
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InventoryGross
536600000 USD
CY2018Q4 us-gaap Inventory Gross
InventoryGross
569600000 USD
CY2017Q4 us-gaap Inventory Lifo Reserve
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52400000 USD
CY2018Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
59800000 USD
CY2017Q4 us-gaap Inventory Net
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484200000 USD
CY2018Q4 us-gaap Inventory Net
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509800000 USD
CY2017Q4 us-gaap Inventory Raw Materials And Supplies
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199200000 USD
CY2018Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
229100000 USD
CY2017Q4 us-gaap Inventory Work In Process
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5500000 USD
CY2018Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
10000000 USD
CY2016 us-gaap Investment Income Interest
InvestmentIncomeInterest
1100000 USD
CY2017 us-gaap Investment Income Interest
InvestmentIncomeInterest
1500000 USD
CY2018 us-gaap Investment Income Interest
InvestmentIncomeInterest
800000 USD
CY2017Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
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0 USD
CY2018Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
0 USD
CY2017Q4 us-gaap Lifo Inventory Amount
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291000000 USD
CY2018Q4 us-gaap Lifo Inventory Amount
LIFOInventoryAmount
343500000 USD
CY2017Q4 us-gaap Land
Land
35700000 USD
CY2018Q4 us-gaap Land
Land
25500000 USD
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1841400000 USD
CY2018Q4 us-gaap Liabilities
Liabilities
1966800000 USD
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103500000 USD
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1891500000 USD
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1817200000 USD
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654500000 USD
CY2018Q4 us-gaap Liabilities Current
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1008500000 USD
CY2017Q4 us-gaap Liability For Asbestos And Environmental Claims Gross
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8500000 USD
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9700000 USD
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6300000 USD
CY2017 us-gaap Liability For Asbestos And Environmental Claims Net Incurred Loss1
LiabilityForAsbestosAndEnvironmentalClaimsNetIncurredLoss1
3500000 USD
CY2018 us-gaap Liability For Asbestos And Environmental Claims Net Incurred Loss1
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4000000 USD
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations
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970500000 USD
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
740500000 USD
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
32600000 USD
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
300800000 USD
CY2017Q4 us-gaap Long Term Debt Current
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32600000 USD
CY2018Q4 us-gaap Long Term Debt Current
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300800000 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
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11700000 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
301500000 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
350000000 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
100000 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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349300000 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
32600000 USD
CY2018Q4 us-gaap Loss Contingency Accrual At Carrying Value
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9700000 USD
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1900000 USD
CY2017 us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
3700000 USD
CY2018 us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
1900000 USD
CY2017Q4 us-gaap Machinery And Equipment Gross
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804400000 USD
CY2018Q4 us-gaap Machinery And Equipment Gross
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838600000 USD
CY2016 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
41000000 USD
CY2017 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
45000000 USD
CY2018 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
42500000 USD
CY2016 us-gaap Minority Interest Decrease From Redemptions
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0 USD
CY2017 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
400000 USD
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-274600000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
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-218300000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-537800000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-84100000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-98100000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
30500000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
373900000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
325100000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
495500000 USD
CY2016 us-gaap Net Income Loss
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277800000 USD
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
43500000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
115500000 USD
CY2017Q4 us-gaap Net Income Loss
NetIncomeLoss
43100000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
305700000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
37900000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
137600000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
108000000 USD
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
75600000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
359000000 USD
CY2018 us-gaap Number Of Reportable Segments
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3 Segment
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
429400000 USD
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
494500000 USD
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
509500000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
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159700000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
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47400000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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12700000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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17900000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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27200000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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38400000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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16100000 USD
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57900000 USD
CY2017 us-gaap Operating Leases Rent Expense Net
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57700000 USD
CY2018 us-gaap Operating Leases Rent Expense Net
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58500000 USD
CY2017Q4 us-gaap Other Accrued Liabilities Current
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38400000 USD
CY2018Q4 us-gaap Other Accrued Liabilities Current
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35000000 USD
CY2017Q4 us-gaap Other Assets Current
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78400000 USD
CY2018Q4 us-gaap Other Assets Current
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60600000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
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61500000 USD
CY2018Q4 us-gaap Other Assets Noncurrent
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65900000 USD
CY2016 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
-2100000 USD
CY2017 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
-500000 USD
CY2018 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
-1800000 USD
CY2016 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-2100000 USD
CY2017 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-500000 USD
CY2018 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
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0 USD
CY2016 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
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7400000 USD
CY2017 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
500000 USD
CY2018 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
1600000 USD
CY2016 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesBeforeTaxPortionAttributableToParent
9800000 USD
CY2017 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesBeforeTaxPortionAttributableToParent
16100000 USD
CY2018 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesBeforeTaxPortionAttributableToParent
-13600000 USD
CY2016 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
14000000 USD
CY2017 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
1800000 USD
CY2018 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
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CY2018 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Tax Portion Attributable To Parent
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CY2017 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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33900000 USD
CY2018 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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11000000 USD
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25100000 USD
CY2017 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
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37800000 USD
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33900000 USD
CY2018 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
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0 USD
CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Before Tax
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0 USD
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
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0 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
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37700000 USD
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37700000 USD
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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5300000 USD
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13800000 USD
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CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
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CY2018 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
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CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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2800000 USD
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13700000 USD
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6100000 USD
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100000 USD
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100000 USD
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250000000 USD
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4200000 USD
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200000 USD
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26100000 USD
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26900000 USD
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84300000 USD
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98300000 USD
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95200000 USD
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0 shares
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0 shares
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0 shares
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0 shares
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350000000 USD
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0 USD
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155000000 USD
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28400000 USD
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200000 USD
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200000 USD
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100000 USD
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2600000 USD
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3100000 USD
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3300000 USD
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106400000 USD
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103100000 USD
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22600000 USD
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3500000 shares
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100000 shares
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100000 shares
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1300000 USD
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500000000 USD
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2500000000 USD
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446000000 USD
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500000 shares
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100000000 USD
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50100000 USD
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333300000 USD
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276100000 USD
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477100000 USD
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27100000 USD
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700000 USD
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2000000 USD
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3600000 USD
CY2017 us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
-900000 USD
CY2018 us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
-1500000 USD
CY2018Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
4300000 USD
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44000000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42800000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41100000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
43400000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42200000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40600000 shares
CY2018 us-gaap Nature Of Operations
NatureOfOperations
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Nature of Operations:</font></div><div style="line-height:120%;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Lennox International Inc., a Delaware corporation, through its subsidiaries (referred to herein as &#8220;we,&#8221; &#8220;our,&#8221; &#8220;us,&#8221; &#8220;LII,&#8221; or the &#8220;Company&#8221;), is a leading global provider of climate control solutions. We design, manufacture, market and service a broad range of products for the heating, ventilation, air conditioning and refrigeration (&#8220;HVACR&#8221;) markets and sell our products and services through a combination of direct sales, distributors and company-owned parts and supplies stores. We operate in </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">three</font><font style="font-family:inherit;font-size:10pt;"> reportable business segments: Residential Heating &amp; Cooling, Commercial Heating &amp; Cooling, and Refrigeration. See Note 20 for financial information regarding our reportable segments.</font></div></div>
CY2018 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain amounts have been reclassified from the prior year presentation to conform to the current year presentation.</font></div></div>
CY2018 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;text-align:justify;text-indent:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements requires us to make estimates and assumptions about future events. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities, and reported amounts of revenue and expenses. Such estimates include the valuation of accounts receivable, inventories, goodwill, intangible assets and other long-lived assets, contingencies, product warranties, guarantee obligations, indemnifications, and assumptions used in the calculation of income taxes, pension and post-retirement medical benefits, and stock-based compensation among others. These estimates and assumptions are based on our best estimates and judgment. </font></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We evaluate these estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment. We believe these estimates and assumptions to be reasonable under the circumstances and will adjust such estimates and assumptions when facts and circumstances dictate. Volatile equity, foreign currency and commodity markets and uncertain future economic conditions combine to increase the uncertainty inherent in such estimates and assumptions. Future events and their effects cannot be determined with precision and actual results could differ significantly from these estimates. Changes in these estimates resulting from continuing changes in the economic environment will be reflected in the financial statements in future periods. </font></div></div>

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