2024 Q4 Form 10-Q Financial Statement

#000162828024043392 Filed on October 23, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $1.498B
YoY Change 9.65%
Cost Of Revenue $1.010B
YoY Change 7.67%
Gross Profit $488.4M
YoY Change 13.98%
Gross Profit Margin 32.6%
Selling, General & Admin $184.4M
YoY Change 3.07%
% of Gross Profit 37.76%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $20.40M
YoY Change -5.12%
% of Gross Profit 4.18%
Operating Expenses $184.4M
YoY Change 3.07%
Operating Profit $303.3M
YoY Change 62.37%
Interest Expense $8.900M
YoY Change -20.54%
% of Operating Profit 2.93%
Other Income/Expense, Net -$400.0K
YoY Change 300.0%
Pretax Income $293.9M
YoY Change 67.75%
Income Tax $54.90M
% Of Pretax Income 18.68%
Net Earnings $239.0M
YoY Change 83.28%
Net Earnings / Revenue 15.95%
Basic Earnings Per Share $6.71
Diluted Earnings Per Share $6.68
COMMON SHARES
Basic Shares Outstanding 35.62M shares 35.63M shares
Diluted Shares Outstanding 35.80M shares

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $255.7M
YoY Change 80.58%
Cash & Equivalents $243.1M
Short-Term Investments $12.60M
Other Short-Term Assets $69.60M
YoY Change 6.58%
Inventory $689.2M
Prepaid Expenses
Receivables $816.5M
Other Receivables $0.00
Total Short-Term Assets $1.831B
YoY Change 5.08%
LONG-TERM ASSETS
Property, Plant & Equipment $754.8M
YoY Change 25.36%
Goodwill $219.9M
YoY Change 21.02%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $165.8M
YoY Change 66.3%
Total Long-Term Assets $1.482B
YoY Change 29.15%
TOTAL ASSETS
Total Short-Term Assets $1.831B
Total Long-Term Assets $1.482B
Total Assets $3.313B
YoY Change 14.64%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $477.5M
YoY Change 38.09%
Accrued Expenses $444.7M
YoY Change 8.81%
Deferred Revenue $4.200M
YoY Change -14.29%
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $312.7M
YoY Change -13.52%
Total Short-Term Liabilities $1.316B
YoY Change 4.86%
LONG-TERM LIABILITIES
Long-Term Debt $827.6M
YoY Change -26.21%
Other Long-Term Liabilities $184.4M
YoY Change 17.01%
Total Long-Term Liabilities $184.4M
YoY Change 17.01%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.316B
Total Long-Term Liabilities $184.4M
Total Liabilities $2.559B
YoY Change -6.28%
SHAREHOLDERS EQUITY
Retained Earnings $3.994B
YoY Change 17.46%
Common Stock $1.206B
YoY Change 2.2%
Preferred Stock
YoY Change
Treasury Stock (at cost) $4.375B
YoY Change 0.73%
Treasury Stock Shares
Shareholders Equity $754.0M
YoY Change
Total Liabilities & Shareholders Equity $3.313B
YoY Change 14.64%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income $239.0M
YoY Change 83.28%
Depreciation, Depletion And Amortization $20.40M
YoY Change -5.12%
Cash From Operating Activities $452.1M
YoY Change 47.94%
INVESTING ACTIVITIES
Capital Expenditures $41.20M
YoY Change 3.78%
Acquisitions
YoY Change
Other Investing Activities -$9.700M
YoY Change 288.0%
Cash From Investing Activities -$50.90M
YoY Change 20.62%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -209.1M
YoY Change 15.02%
NET CHANGE
Cash From Operating Activities 452.1M
Cash From Investing Activities -50.90M
Cash From Financing Activities -209.1M
Net Change In Cash 192.1M
YoY Change 135.42%
FREE CASH FLOW
Cash From Operating Activities $452.1M
Capital Expenditures $41.20M
Free Cash Flow $410.9M
YoY Change 54.53%

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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="text-align:justify;text-indent:13.5pt"><span><br/></span></div><div style="text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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 revenues and expenses. Such estimates include the valuation of accounts receivable, inventories, goodwill, intangible assets and other long-lived assets, contingencies, guarantee obligations, indemnifications, and assumptions used in the calculation of income taxes, pension and post-retirement medical benefits, self-insurance and warranty reserves, and stock-based compensation, among others. These estimates and assumptions are based on our best estimates and judgment. </span></div>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 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 will be reflected in the financial statements in future periods.
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us-gaap Revenues
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us-gaap Revenues
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<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="text-align:justify;text-indent:13.5pt"><span><br/></span></div><div style="text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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 revenues and expenses. Such estimates include the valuation of accounts receivable, inventories, goodwill, intangible assets and other long-lived assets, contingencies, guarantee obligations, indemnifications, and assumptions used in the calculation of income taxes, pension and post-retirement medical benefits, self-insurance and warranty reserves, and stock-based compensation, among others. These estimates and assumptions are based on our best estimates and judgment. </span></div>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 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 will be reflected in the financial statements in future periods.
us-gaap Number Of Reportable Segments
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Revenues
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us-gaap Revenues
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us-gaap Revenues
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lii Segment Profit And Loss
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lii Segment Profit And Loss
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CY2024Q3 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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CY2023Q3 lii Gain Loss On Previous Acquisition
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lii Gain Loss On Previous Acquisition
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lii Gain Loss On Previous Acquisition
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lii Segment Reporting Reconciling Item In Losses And Other Expenses From Segment To Consolidated Amount
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CY2024Q3 us-gaap Restructuring Charges
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CY2023Q3 us-gaap Restructuring Charges
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us-gaap Restructuring Charges
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us-gaap Restructuring Charges
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CY2024Q3 us-gaap Operating Income Loss
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CY2023Q3 us-gaap Operating Income Loss
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us-gaap Operating Income Loss
OperatingIncomeLoss
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us-gaap Operating Income Loss
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CY2023Q3 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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63200000 usd
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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0 usd
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
63200000 usd
CY2024Q3 lii Gain Loss On Previous Acquisition
GainLossOnPreviousAcquisition
0 usd
CY2023Q3 lii Gain Loss On Previous Acquisition
GainLossOnPreviousAcquisition
0 usd
lii Gain Loss On Previous Acquisition
GainLossOnPreviousAcquisition
1600000 usd
lii Gain Loss On Previous Acquisition
GainLossOnPreviousAcquisition
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CY2024Q3 lii Segment Reporting Reconciling Item In Losses And Other Expenses From Segment To Consolidated Amount
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CY2023Q3 lii Segment Reporting Reconciling Item In Losses And Other Expenses From Segment To Consolidated Amount
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lii Segment Reporting Reconciling Item In Losses And Other Expenses From Segment To Consolidated Amount
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lii Segment Reporting Reconciling Item In Losses And Other Expenses From Segment To Consolidated Amount
SegmentReportingReconcilingItemInLossesAndOtherExpensesFromSegmentToConsolidatedAmount
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CY2024Q3 us-gaap Restructuring Charges
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CY2023Q3 us-gaap Restructuring Charges
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300000 usd
us-gaap Restructuring Charges
RestructuringCharges
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us-gaap Restructuring Charges
RestructuringCharges
200000 usd
CY2024Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
186800000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
790200000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
604800000 usd
CY2024Q3 us-gaap Net Income Loss
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CY2024Q3 us-gaap Net Income Loss
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us-gaap Net Income Loss
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CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35600000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35500000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35600000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35500000 shares
CY2024Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
200000 shares
CY2023Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
200000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
200000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
100000 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35800000 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35700000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35800000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35600000 shares
CY2024Q3 us-gaap Earnings Per Share Basic
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6.71
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.71
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.67
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.67
us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
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CY2024Q3 us-gaap Earnings Per Share Diluted
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CY2024Q3 us-gaap Net Income Loss
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CY2024Q3 us-gaap Net Income Loss
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us-gaap Net Income Loss
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CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35600000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35500000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35600000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35500000 shares
CY2024Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
200000 shares
CY2023Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
200000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
200000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
100000 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35800000 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35700000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35800000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35600000 shares
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.71
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.71
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.67
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.65
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
17.02
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2024Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
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us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
100000 shares
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2024Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
100000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
100000 shares
CY2024Q3 lii Operating Lease Right Of Use Asset Percentage Related To Leases Of Real Estate
OperatingLeaseRightOfUseAssetPercentageRelatedToLeasesOfRealEstate
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CY2024Q3 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
47800000 usd
CY2023Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
45400000 usd
CY2024Q3 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
109100000 usd
CY2023Q4 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
97400000 usd
CY2024Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
156900000 usd
CY2023Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
142800000 usd
CY2023Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
142800000 usd
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
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us-gaap Product Warranty Accrual Warranties Issued
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46500000 usd
us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
200000 usd
us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
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CY2024Q3 us-gaap Product Warranty Accrual
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156900000 usd
CY2024Q3 lii Operating Lease Right Of Use Asset Percentage Related To Leases Of Real Estate
OperatingLeaseRightOfUseAssetPercentageRelatedToLeasesOfRealEstate
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CY2024Q3 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
47800000 usd
CY2023Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
45400000 usd
CY2024Q3 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
109100000 usd
CY2023Q4 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
97400000 usd
CY2024Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
156900000 usd
CY2023Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
142800000 usd
CY2023Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
142800000 usd
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
32400000 usd
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
46500000 usd
us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
200000 usd
us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
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CY2024Q3 us-gaap Stock Repurchase Program Authorized Amount1
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CY2021Q3 us-gaap Stock Repurchase Program Authorized Amount1
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CY2024Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
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532500000 usd
CY2024Q3 us-gaap Stock Repurchase Program Authorized Amount1
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4000000000.0 usd
CY2021Q3 us-gaap Stock Repurchase Program Authorized Amount1
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1000000000 usd
CY2024Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
532500000 usd
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StockRepurchasedAndRetiredDuringPeriodShares
23000 shares
CY2024Q3 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
23000 shares
CY2024Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
13500000 usd
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
13500000 usd
CY2024Q3 us-gaap Revenues
Revenues
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CY2023Q3 us-gaap Revenues
Revenues
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us-gaap Revenues
Revenues
3996300000 usd
us-gaap Revenues
Revenues
3827100000 usd
CY2024Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
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CY2023Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
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CY2024Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
4200000 usd
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
4700000 usd
CY2024Q3 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
8100000 usd
CY2023Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
7500000 usd
CY2024Q3 lii Contractwith Customer Asset Liability Net
ContractwithCustomerAssetLiabilityNet
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CY2023Q4 lii Contractwith Customer Asset Liability Net
ContractwithCustomerAssetLiabilityNet
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CY2023Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
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us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
7000000 usd
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
23000 shares
CY2024Q3 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
23000 shares
CY2024Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
13500000 usd
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
13500000 usd
CY2024Q3 us-gaap Revenues
Revenues
1498100000 usd
CY2023Q3 us-gaap Revenues
Revenues
1366300000 usd
us-gaap Revenues
Revenues
3996300000 usd
us-gaap Revenues
Revenues
3827100000 usd
CY2024Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
2000000.0 usd
CY2023Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
2200000 usd
CY2024Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
4200000 usd
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
4700000 usd
CY2024Q3 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
8100000 usd
CY2023Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
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CY2024Q3 lii Contractwith Customer Asset Liability Net
ContractwithCustomerAssetLiabilityNet
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CY2023Q4 lii Contractwith Customer Asset Liability Net
ContractwithCustomerAssetLiabilityNet
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CY2023Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
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us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
7000000 usd
CY2024Q3 us-gaap Inventory Finished Goods
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443200000 usd
CY2023Q4 us-gaap Inventory Finished Goods
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509400000 usd
CY2024Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
13700000 usd
CY2023Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
9600000 usd
CY2024Q3 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
369300000 usd
CY2023Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
314200000 usd
CY2024Q3 us-gaap Inventory Gross
InventoryGross
826200000 usd
CY2023Q4 us-gaap Inventory Gross
InventoryGross
833200000 usd
CY2024Q3 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
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CY2023Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
134100000 usd
CY2024Q3 us-gaap Inventory Net
InventoryNet
689200000 usd
CY2024Q3 us-gaap Inventory Finished Goods
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443200000 usd
CY2023Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
509400000 usd
CY2024Q3 us-gaap Inventory Work In Process
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13700000 usd
CY2024Q3 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
369300000 usd
CY2023Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
314200000 usd
CY2024Q3 us-gaap Inventory Gross
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826200000 usd
CY2023Q4 us-gaap Inventory Gross
InventoryGross
833200000 usd
CY2024Q3 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
137000000.0 usd
CY2023Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
134100000 usd
CY2024Q3 us-gaap Inventory Net
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CY2023Q4 us-gaap Inventory Net
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699100000 usd
CY2023Q4 us-gaap Goodwill
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222100000 usd
us-gaap Goodwill Purchase Accounting Adjustments
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2200000 usd
CY2024Q3 us-gaap Goodwill
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219900000 usd
CY2023Q4 us-gaap Inventory Net
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699100000 usd
CY2023Q4 us-gaap Goodwill
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us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
2200000 usd
CY2024Q3 us-gaap Goodwill
Goodwill
219900000 usd
CY2024Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6800000 usd
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9700000 usd
CY2024Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6800000 usd
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9700000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
20100000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
23500000 usd
CY2024Q3 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
400000 usd
CY2023Q3 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
500000 usd
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
1200000 usd
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
1600000 usd
CY2024Q3 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
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CY2023Q3 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
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us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
20100000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
23500000 usd
CY2024Q3 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
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CY2023Q3 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
500000 usd
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
1200000 usd
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
1600000 usd
CY2024Q3 us-gaap Defined Benefit Plan Interest Cost
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CY2023Q3 us-gaap Defined Benefit Plan Interest Cost
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us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
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us-gaap Defined Benefit Plan Interest Cost
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6700000 usd
CY2024Q3 us-gaap Defined Benefit Plan Expected Return On Plan Assets
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1900000 usd
CY2023Q3 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
2400000 usd
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
5700000 usd
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
7100000 usd
CY2024Q3 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
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CY2023Q3 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
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us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
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us-gaap Defined Benefit Plan Amortization Of Gains Losses
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CY2024Q3 us-gaap Defined Benefit Plan Other Costs
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CY2023Q3 us-gaap Defined Benefit Plan Other Costs
DefinedBenefitPlanOtherCosts
300000 usd
us-gaap Defined Benefit Plan Other Costs
DefinedBenefitPlanOtherCosts
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us-gaap Defined Benefit Plan Other Costs
DefinedBenefitPlanOtherCosts
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CY2024Q3 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements And Curtailments1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlementsAndCurtailments1
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CY2023Q3 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements And Curtailments1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlementsAndCurtailments1
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us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements And Curtailments1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlementsAndCurtailments1
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us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements And Curtailments1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlementsAndCurtailments1
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CY2024Q3 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
1100000 usd
CY2023Q3 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
900000 usd
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
3100000 usd
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
2100000 usd
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
6500000 usd
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
6700000 usd
CY2024Q3 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
1900000 usd
CY2023Q3 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
2400000 usd
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
5700000 usd
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
7100000 usd
CY2023Q3 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
0 usd
us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
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us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
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CY2024Q3 us-gaap Defined Benefit Plan Other Costs
DefinedBenefitPlanOtherCosts
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CY2023Q3 us-gaap Defined Benefit Plan Other Costs
DefinedBenefitPlanOtherCosts
300000 usd
us-gaap Defined Benefit Plan Other Costs
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