2020 Form 10-K Financial Statement

#000006638220000038 Filed on July 28, 2020

View on sec.gov

Income Statement

Concept 2020 2019 Q2 2019
Revenue $2.487B $671.0M $2.567B
YoY Change -3.14% 8.58% 7.81%
Cost Of Revenue $1.575B $422.8M $1.637B
YoY Change -3.78% 8.49% 8.56%
Gross Profit $911.2M $248.2M $929.9M
YoY Change -2.01% 8.72% 6.52%
Gross Profit Margin 36.64% 36.99% 36.22%
Selling, General & Admin $643.3M $162.8M $639.3M
YoY Change 0.63% -1.87% 3.9%
% of Gross Profit 70.6% 65.59% 68.75%
Research & Development $54.30M $20.30M $58.80M
YoY Change -7.65% 9.73% 2.98%
% of Gross Profit 5.96% 8.18% 6.32%
Depreciation & Amortization $79.50M $16.80M $72.10M
YoY Change 10.26% -4.0% 7.77%
% of Gross Profit 8.72% 6.77% 7.75%
Operating Expenses $949.1M $183.1M $726.4M
YoY Change 30.66% -0.7% 4.65%
Operating Profit -$37.90M $65.10M $203.5M
YoY Change -118.62% 48.29% 13.75%
Interest Expense $12.50M -$900.0K $12.10M
YoY Change 3.31% -160.0% -10.37%
% of Operating Profit -1.38% 5.95%
Other Income/Expense, Net -$1.000M $300.0K -$8.400M
YoY Change -88.1% -109.38% -22.22%
Pretax Income -$12.90M $56.00M $136.2M
YoY Change -109.47% 45.83% 12.01%
Income Tax $6.100M $14.10M $39.60M
% Of Pretax Income 25.18% 29.07%
Net Earnings -$8.700M $46.20M $160.5M
YoY Change -105.42% 45.28% 25.29%
Net Earnings / Revenue -0.35% 6.89% 6.25%
Basic Earnings Per Share -$0.15 $0.78 $2.72
Diluted Earnings Per Share -$0.15 $0.78 $2.70
COMMON SHARES
Basic Shares Outstanding 58.92M shares 58.81M shares 59.01M shares
Diluted Shares Outstanding 58.92M shares 59.38M shares

Balance Sheet

Concept 2020 2019 Q2 2019
SHORT-TERM ASSETS
Cash & Short-Term Investments $461.0M $168.0M $168.0M
YoY Change 174.4% -20.94% -20.94%
Cash & Equivalents $454.0M $159.2M $159.2M
Short-Term Investments $7.000M $8.800M $8.800M
Other Short-Term Assets $59.30M $11.00M $56.80M
YoY Change 4.4% -78.52% 10.94%
Inventory $197.3M $184.2M $184.2M
Prepaid Expenses $45.80M
Receivables $199.5M $218.0M $252.3M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $917.1M $661.3M $661.3M
YoY Change 38.68% 2.46% 2.46%
LONG-TERM ASSETS
Property, Plant & Equipment $524.7M $348.6M $348.6M
YoY Change 50.52% 5.19% 5.19%
Goodwill $303.8M
YoY Change -0.1%
Intangibles
YoY Change
Long-Term Investments $12.20M $89.00M $89.00M
YoY Change -86.29% 429.76% 429.76%
Other Assets $48.70M $136.4M $47.40M
YoY Change 2.74% 72.22% -24.04%
Total Long-Term Assets $1.137B $908.0M $908.0M
YoY Change 25.2% 8.86% 8.86%
TOTAL ASSETS
Total Short-Term Assets $917.1M $661.3M $661.3M
Total Long-Term Assets $1.137B $908.0M $908.0M
Total Assets $2.054B $1.569B $1.569B
YoY Change 30.88% 6.07% 6.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $128.8M $177.7M $177.7M
YoY Change -27.52% 3.68% 3.68%
Accrued Expenses $250.2M $234.6M $233.2M
YoY Change 7.29% 216.17% 12.17%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $3.100M $0.00
YoY Change -71.3%
Long-Term Debt Due $51.40M $3.100M $3.100M
YoY Change 1558.06% -18.42% -18.42%
Total Short-Term Liabilities $470.2M $446.1M $446.1M
YoY Change 5.4% 7.81% 7.81%
LONG-TERM LIABILITIES
Long-Term Debt $539.9M $281.9M $281.9M
YoY Change 91.52% 2.51% 2.51%
Other Long-Term Liabilities $350.4M $77.00M $101.5M
YoY Change 245.22% -3.51% 6.39%
Total Long-Term Liabilities $890.3M $358.9M $383.4M
YoY Change 132.21% 1.16% 3.51%
TOTAL LIABILITIES
Total Short-Term Liabilities $470.2M $446.1M $446.1M
Total Long-Term Liabilities $890.3M $358.9M $383.4M
Total Liabilities $1.411B $829.5M $850.1M
YoY Change 65.97% 5.78% 4.32%
SHAREHOLDERS EQUITY
Retained Earnings $712.7M
YoY Change 18.74%
Common Stock $11.70M
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $643.0M $719.2M $719.2M
YoY Change
Total Liabilities & Shareholders Equity $2.054B $1.569B $1.569B
YoY Change 30.88% 6.07% 6.07%

Cashflow Statement

Concept 2020 2019 Q2 2019
OPERATING ACTIVITIES
Net Income -$8.700M $46.20M $160.5M
YoY Change -105.42% 45.28% 25.29%
Depreciation, Depletion And Amortization $79.50M $16.80M $72.10M
YoY Change 10.26% -4.0% 7.77%
Cash From Operating Activities $221.8M $85.80M $216.4M
YoY Change 2.5% 53.76% 29.97%
INVESTING ACTIVITIES
Capital Expenditures $69.00M $22.80M $85.80M
YoY Change -19.58% 16.33% 21.53%
Acquisitions $111.2M $0.00
YoY Change
Other Investing Activities -$13.30M $200.0K $1.100M
YoY Change -1309.09% -133.33% -52.17%
Cash From Investing Activities -$168.1M -$22.60M -$165.0M
YoY Change 1.88% 11.88% 163.16%
FINANCING ACTIVITIES
Cash Dividend Paid $36.40M $45.60M
YoY Change -20.18% 7.55%
Common Stock Issuance & Retirement, Net $11.00M $35.60M
YoY Change -69.1% 20.68%
Debt Paid & Issued, Net $0.00 $0.00
YoY Change -100.0%
Cash From Financing Activities $244.0M -15.30M -$91.90M
YoY Change -365.51% -40.7% -3776.0%
NET CHANGE
Cash From Operating Activities $221.8M 85.80M $216.4M
Cash From Investing Activities -$168.1M -22.60M -$165.0M
Cash From Financing Activities $244.0M -15.30M -$91.90M
Net Change In Cash $294.8M 47.90M -$44.70M
YoY Change -759.51% 388.78% -142.05%
FREE CASH FLOW
Cash From Operating Activities $221.8M $85.80M $216.4M
Capital Expenditures $69.00M $22.80M $85.80M
Free Cash Flow $152.8M $63.00M $130.6M
YoY Change 17.0% 74.03% 36.18%

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CY2020 us-gaap Fiscal Period
FiscalPeriod
<div style="line-height:130%;text-align:left;font-size:10pt;"><span style="font-family:Meta OT,sans-serif;font-size:10pt;"><br/></span></div><div style="line-height:130%;padding-bottom:4px;text-align:left;font-size:10pt;"><span style="font-family:Meta OT,sans-serif;font-size:10pt;color:#252525;font-style:normal;font-weight:bold;text-decoration:none;">Fiscal Year</span></div><span style="font-family:Meta OT,sans-serif;font-size:10pt;color:#252525;font-style:normal;font-weight:normal;text-decoration:none;">The Company's fiscal year ends on the Saturday closest to May 31. The fiscal years ended </span><span style="font-family:Meta OT,sans-serif;font-size:10pt;color:#252525;font-style:normal;font-weight:normal;text-decoration:none;">May 30, 2020</span><span style="font-family:Meta OT,sans-serif;font-size:10pt;color:#252525;font-style:normal;font-weight:normal;text-decoration:none;">, </span><span style="font-family:Meta OT,sans-serif;font-size:10pt;color:#252525;font-style:normal;font-weight:normal;text-decoration:none;">June 1, 2019</span><span style="font-family:Meta OT,sans-serif;font-size:10pt;color:#252525;font-style:normal;font-weight:normal;text-decoration:none;">, and </span><span style="font-family:Meta OT,sans-serif;font-size:10pt;color:#252525;font-style:normal;font-weight:normal;text-decoration:none;">June 2, 2018</span> contained 52 weeks
CY2019Q2 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
102800000 USD
CY2020Q2 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
364000000.0 USD
CY2020 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="line-height:130%;padding-bottom:4px;text-align:left;font-size:10pt;"><span style="font-family:Meta OT,sans-serif;font-size:10pt;color:#252525;font-style:normal;font-weight:bold;text-decoration:none;">Concentrations of Credit Risk</span></div><div style="line-height:130%;text-align:left;font-size:10pt;"><span style="font-family:Meta OT,sans-serif;font-size:10pt;color:#252525;font-style:normal;font-weight:normal;text-decoration:none;">The Company's trade receivables are primarily due from independent dealers who, in turn, carry receivables from their customers. The Company monitors and manages the credit risk associated with individual dealers and direct customers where applicable. Dealers are responsible for assessing and assuming credit risk of their customers and may require their customers to provide deposits, letters of credit or other credit enhancement measures. Some sales contracts are structured such that the customer payment or obligation is direct to the Company. In those cases, the Company may assume the credit risk. Whether from dealers or customers, the Company's trade credit exposures are not concentrated with any particular entity.</span></div>
CY2018Q2 us-gaap Goodwill
Goodwill
304100000 USD
CY2018Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
78100000 USD
CY2018Q2 mlhr Goodwill And Indefinite Lived Intangibles
GoodwillAndIndefiniteLivedIntangibles
382200000 USD
CY2019 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-300000 USD
CY2019 us-gaap Indefinite Lived Intangible Assets Foreign Currency Translation Gain Loss
IndefiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
0 USD
CY2019 mlhr Goodwill And Indefinite Lived Intangible Assets Translation Adjustments
GoodwillAndIndefiniteLivedIntangibleAssetsTranslationAdjustments
300000 USD
CY2019Q2 us-gaap Goodwill
Goodwill
303800000 USD
CY2019Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
78100000 USD
CY2019Q2 mlhr Goodwill And Indefinite Lived Intangibles
GoodwillAndIndefiniteLivedIntangibles
381900000 USD
CY2020 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-900000 USD
CY2020 us-gaap Indefinite Lived Intangible Assets Foreign Currency Translation Gain Loss
IndefiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
-500000 USD
CY2020 mlhr Goodwill And Indefinite Lived Intangible Assets Translation Adjustments
GoodwillAndIndefiniteLivedIntangibleAssetsTranslationAdjustments
1400000 USD
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
125500000 USD
CY2020 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
53300000 USD
CY2020 mlhr Goodwill And Indefinite Lived Intangible Assets Impairment Charges
GoodwillAndIndefiniteLivedIntangibleAssetsImpairmentCharges
-178800000 USD
CY2020Q2 us-gaap Goodwill
Goodwill
346000000.0 USD
CY2020Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
92800000 USD
CY2020Q2 mlhr Goodwill And Indefinite Lived Intangibles
GoodwillAndIndefiniteLivedIntangibles
438800000 USD
CY2020 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
53300000 USD
CY2020Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
93300000 USD
CY2020 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
53300000 USD
CY2019Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
348600000 USD
CY2020Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
780500000 USD
CY2019Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
736100000 USD
CY2020Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
330800000 USD
CY2020 us-gaap Long Term Purchase Commitment Amount
LongTermPurchaseCommitmentAmount
39800000 USD
CY2020 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
26600000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
175100000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
62700000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
112400000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
87300000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
46200000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
41100000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
14900000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
14900000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
14400000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
14200000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
13300000 USD
CY2020Q2 mlhr Self Insurance Retention Level General Liability
SelfInsuranceRetentionLevelGeneralLiability
1000000.00 USD
CY2020Q2 mlhr Self Insurance Retention Level Auto Liability
SelfInsuranceRetentionLevelAutoLiability
1000000.00 USD
CY2020Q2 mlhr Self Insurance Retention Level Workers Compensation
SelfInsuranceRetentionLevelWorkersCompensation
750000 USD
CY2020Q2 mlhr Self Insurance Retention Level Health Benefit
SelfInsuranceRetentionLevelHealthBenefit
500000 USD
CY2020Q2 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
13100000 USD
CY2019Q2 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
11700000 USD
CY2020 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
54300000 USD
CY2019 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
58800000 USD
CY2018 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
57100000 USD
CY2020 us-gaap Royalty Expense
RoyaltyExpense
19700000 USD
CY2019 us-gaap Royalty Expense
RoyaltyExpense
18100000 USD
CY2018 us-gaap Royalty Expense
RoyaltyExpense
16000000.0 USD
CY2020 mlhr Business Combinations Changesin Inventory Stepup
BusinessCombinationsChangesinInventoryStepup
0 USD
CY2020 us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:130%;padding-bottom:4px;text-align:left;font-size:10pt;"><span style="font-family:Meta OT,sans-serif;font-size:10pt;color:#252525;font-style:normal;font-weight:bold;text-decoration:none;">Use of Estimates in the Preparation of Financial Statements </span></div><div style="line-height:130%;text-align:left;font-size:10pt;"><span style="font-family:Meta OT,sans-serif;font-size:10pt;color:#252525;font-style:normal;font-weight:normal;text-decoration:none;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</span></div>
CY2020 us-gaap Derivatives Methods Of Accounting Nonhedging Derivatives
DerivativesMethodsOfAccountingNonhedgingDerivatives
<div style="line-height:130%;padding-bottom:4px;text-align:left;font-size:10pt;"><span style="font-family:Meta OT,sans-serif;font-size:10pt;color:#252525;font-style:normal;font-weight:bold;text-decoration:none;">Derivatives and Hedging</span></div><div style="line-height:130%;text-align:left;font-size:10pt;"><span style="font-family:Meta OT,sans-serif;font-size:10pt;color:#252525;font-style:normal;font-weight:normal;text-decoration:none;">The Company calculates the fair value of financial instruments using quoted market prices whenever available. The Company utilizes derivatives to manage exposures to foreign currency exchange rates and interest rate risk. The fair values of all derivatives are recognized as assets or liabilities at the balance sheet date. Changes in the fair value of these instruments are reported within "</span><span style="font-family:Meta OT,sans-serif;font-size:10pt;color:#252525;font-style:normal;font-weight:normal;text-decoration:none;">Other expense (income), net</span><span style="font-family:Meta OT,sans-serif;font-size:10pt;color:#252525;font-style:normal;font-weight:normal;text-decoration:none;">" in the Consolidated Statements of Comprehensive Income, or "</span><span style="color:#252525;font-family:Meta OT,sans-serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;">Accumulated other comprehensive loss</span><span style="font-family:Meta OT,sans-serif;font-size:10pt;color:#252525;font-style:normal;font-weight:normal;text-decoration:none;">" within the Consolidated Balance Sheets, depending on the use of the derivative and whether it qualifies for hedge accounting treatment.</span></div><div style="line-height:130%;text-align:left;font-size:10pt;"><span style="font-family:Meta OT,sans-serif;font-size:10pt;"><br/></span></div><div style="line-height:130%;text-align:left;font-size:10pt;"><span style="font-family:Meta OT,sans-serif;font-size:10pt;color:#252525;font-style:normal;font-weight:normal;text-decoration:none;">Gains and losses on derivatives that are designated and qualify as cash flow hedging instruments are recorded in Accumulated Other Comprehensive Loss, to the extent the hedges are effective, until the underlying transactions are recognized in the Consolidated Statements of Comprehensive Income. Derivatives not designated as hedging instruments are marked-to-market at the end of each period with the results included in Consolidated Statements of Comprehensive Income.</span></div>
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2486600000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2567200000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2486600000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2567200000 USD
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
27700000 USD
CY2020 us-gaap Business Combination Separately Recognized Transactions Net Gains And Losses
BusinessCombinationSeparatelyRecognizedTransactionsNetGainsAndLosses
5900000 USD
CY2020 mlhr Contingent Equity Purchase
ContingentEquityPurchase
0.33
CY2020 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
6300000 USD
CY2020 mlhr Business Combinations Changesin Deferred Tax Liabilities
BusinessCombinationsChangesinDeferredTaxLiabilities
900000 USD
CY2020 mlhr Business Combinations Changesin Backlog
BusinessCombinationsChangesinBacklog
-1700000 USD
CY2020 mlhr Business Combinations Changesin Deferred Revenue
BusinessCombinationsChangesinDeferredRevenue
-200000 USD
CY2020 mlhr Business Combinations Changesin Tradename
BusinessCombinationsChangesinTradename
4000000.0 USD
CY2020 mlhr Business Combinations Changesin Product Development
BusinessCombinationsChangesinProductDevelopment
1000000.0 USD
CY2020 mlhr Business Combinations Changesin Customer Relationships
BusinessCombinationsChangesinCustomerRelationships
1000000.0 USD
CY2020 mlhr Business Combinations Measurement Period Adjustments
BusinessCombinationsMeasurementPeriodAdjustments
4100000 USD
CY2020 us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain
BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain
36200000 USD
CY2020 us-gaap Asset Impairment Charges
AssetImpairmentCharges
205400000 USD
CY2020 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
2580600000 USD
CY2019 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
2757300000 USD
CY2020 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-46300000 USD
CY2019 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
163700000 USD
CY2020Q2 us-gaap Inventory Finished Goods And Work In Process Net Of Reserves
InventoryFinishedGoodsAndWorkInProcessNetOfReserves
151100000 USD
CY2019Q2 us-gaap Inventory Finished Goods And Work In Process Net Of Reserves
InventoryFinishedGoodsAndWorkInProcessNetOfReserves
139100000 USD
CY2020Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
46200000 USD
CY2019Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
45100000 USD
CY2020Q2 us-gaap Inventory Net
InventoryNet
197300000 USD
CY2019Q2 us-gaap Inventory Net
InventoryNet
184200000 USD
CY2020Q2 us-gaap Lifo Inventory Amount
LIFOInventoryAmount
24900000 USD
CY2019Q2 us-gaap Lifo Inventory Amount
LIFOInventoryAmount
26500000 USD
CY2020Q2 us-gaap Fifo Inventory Amount
FIFOInventoryAmount
210800000 USD
CY2019Q2 us-gaap Fifo Inventory Amount
FIFOInventoryAmount
198000000.0 USD
CY2020Q2 us-gaap Equity Method Investments
EquityMethodInvestments
12200000 USD
CY2019Q2 us-gaap Equity Method Investments
EquityMethodInvestments
89000000.0 USD
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
5000000.0 USD
CY2019 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
5000000.0 USD
CY2018 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3000000.0 USD
CY2020Q2 mlhr Numberof Equity Method Investments
NumberofEquityMethodInvestments
5 occurence
CY2020Q2 us-gaap Construction Loan Noncurrent
ConstructionLoanNoncurrent
0 USD
CY2019Q2 us-gaap Construction Loan Noncurrent
ConstructionLoanNoncurrent
6900000 USD
CY2020Q2 us-gaap Other Short Term Borrowings
OtherShortTermBorrowings
1400000 USD
CY2019Q2 us-gaap Other Short Term Borrowings
OtherShortTermBorrowings
3100000 USD
CY2020Q2 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
591300000 USD
CY2019Q2 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
285000000.0 USD
CY2020Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
51400000 USD
CY2019Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
3100000 USD
CY2020Q2 us-gaap Long Term Debt
LongTermDebt
539900000 USD
CY2019Q2 us-gaap Long Term Debt
LongTermDebt
281900000 USD
CY2020 mlhr Interest Coverage
InterestCoverage
3.5
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
51400000 USD
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0 USD
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
0 USD
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0 USD
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
490000000.0 USD
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
50000000.0 USD
CY2020Q2 us-gaap Other Short Term Borrowings
OtherShortTermBorrowings
1400000 USD
CY2019Q2 us-gaap Other Short Term Borrowings
OtherShortTermBorrowings
3100000 USD
CY2019Q2 mlhr Finance Leased Assets Gross
FinanceLeasedAssetsGross
6700000 USD
CY2019Q2 us-gaap Construction Loan Noncurrent
ConstructionLoanNoncurrent
6900000 USD
CY2020 us-gaap Lease Cost
LeaseCost
62100000 USD
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
51300000 USD
CY2020 us-gaap Short Term Lease Cost
ShortTermLeaseCost
2600000 USD
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
8200000 USD
CY2020 us-gaap Lease Cost
LeaseCost
62100000 USD
CY2020 mlhr Supply Arrangement Variable Lease Costs
SupplyArrangementVariableLeaseCosts
81300000 USD
CY2020 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
19300000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
48500000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
44800000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
40200000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
34500000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
30500000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
71900000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
270400000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
26500000 USD
CY2020Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
243900000 USD
CY2020Q2 mlhr Lessee Operating Lease Lease Notyet Commenced Future Payments
LesseeOperatingLeaseLeaseNotyetCommencedFuturePayments
30600000 USD
CY2020Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
178800000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
51700000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
46800000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
42900000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
39000000.0 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
33500000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
101900000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
315800000 USD
CY2020Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y
CY2020Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.031
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
49200000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
13400000 USD
CY2020Q2 us-gaap Defined Benefit Plan Expected Amortization Of Gain Loss Next Fiscal Year
DefinedBenefitPlanExpectedAmortizationOfGainLossNextFiscalYear
4900000 USD
CY2020 us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
900000 USD
CY2018 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
1
CY2018 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
0.03
CY2020 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
0.04
CY2020 mlhr Defined Contribution Plan Core Contributionper Employee Percent
DefinedContributionPlanCoreContributionperEmployeePercent
0.04
CY2018 mlhr Defined Contribution Plan Core Contributionper Employee Percent
DefinedContributionPlanCoreContributionperEmployeePercent
0.01
CY2020 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
22200000 USD
CY2019 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
25400000 USD
CY2018 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
24900000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
7300000 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
7700000 USD
CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
500000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-9100000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
160500000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
128100000 USD
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
58920653 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
59011945 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
59681268 shares
CY2020 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2019 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
369846 shares
CY2018 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
630037 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
58920653 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
59381791 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
60311305 shares
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
142224 shares
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
218037 shares
CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
348089 shares
CY2020Q2 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
250000000.0 shares
CY2020Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
237600000 USD
CY2020 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
641192 shares
CY2019 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
1326023 shares
CY2018 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
1356156 shares
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
5991307000000 shares
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
2700000 USD
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1600000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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2300000 USD
CY2020Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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3200000 USD
CY2020 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y2M12D
CY2020 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
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70145 shares
CY2019 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
62957 shares
CY2018 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
67335 shares
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
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0.0179
CY2017Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y7M6D
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.26
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0223
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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6.39
CY2020 us-gaap Proceeds From Stock Options Exercised
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12000000 USD
CY2020 mlhr Irs Statutory Compensation Ceiling
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285000 USD
CY2018 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
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3100000 USD
CY2019 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
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1000000.0 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
136200000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
121600000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
62200000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
58900000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
46500000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
195100000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
168100000 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
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12000000.0 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
19000000.0 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
30200000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
5700000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
6400000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
4300000 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
13300000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
12900000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
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10700000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
31000000.0 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
38300000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
45200000 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
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-16800000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
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1000000.0 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-3900000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-200000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
100000 USD
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
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-4300000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
500000 USD
CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
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1200000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-25000000.0 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1300000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-2800000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6000000.0 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
39600000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
42400000 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.291
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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-2800000 USD
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
41000000.0 USD
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
49000000.0 USD
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1400000 USD
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
4900000 USD
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
3300000 USD
CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
17100000 USD
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
0 USD
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
0 USD
CY2020 mlhr Income Tax Reconciliation Gainon Consolidationof Equity Method Investments
IncomeTaxReconciliationGainonConsolidationofEquityMethodInvestments
-5500000 USD
CY2019 mlhr Income Tax Reconciliation Gainon Consolidationof Equity Method Investments
IncomeTaxReconciliationGainonConsolidationofEquityMethodInvestments
0 USD
CY2018 mlhr Income Tax Reconciliation Gainon Consolidationof Equity Method Investments
IncomeTaxReconciliationGainonConsolidationofEquityMethodInvestments
0 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Amount
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Amount
0 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Amount
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Amount
-200000 USD
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Amount
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-8900000 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Transition Tax On Accumulated Foreign Earnings Amount
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017TransitionTaxOnAccumulatedForeignEarningsAmount
0 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Transition Tax On Accumulated Foreign Earnings Amount
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017TransitionTaxOnAccumulatedForeignEarningsAmount
-2600000 USD
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Transition Tax On Accumulated Foreign Earnings Amount
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017TransitionTaxOnAccumulatedForeignEarningsAmount
9000000.0 USD
CY2020 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
1400000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
3100000 USD
CY2018Q2 us-gaap Assets
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1479500000 USD
CY2020Q2 us-gaap Goodwill
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346000000.0 USD
CY2019Q2 us-gaap Goodwill
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303800000 USD
CY2018Q2 us-gaap Goodwill
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304100000 USD
CY2019 mlhr Income Tax Reconciliation Globalintangiblelowtaxedincome
IncomeTaxReconciliationGlobalintangiblelowtaxedincome
6900000 USD
CY2018 mlhr Income Tax Reconciliation Globalintangiblelowtaxedincome
IncomeTaxReconciliationGlobalintangiblelowtaxedincome
0 USD
CY2020 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
700000 USD
CY2019 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
1900000 USD
CY2018 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-4000000.0 USD
CY2018 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
0 USD
CY2020 mlhr Income Tax Reconciliation Globalintangiblelowtaxedincome
IncomeTaxReconciliationGlobalintangiblelowtaxedincome
5900000 USD
CY2020 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
0 USD
CY2019 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
0 USD
CY2018 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
2700000 USD
CY2020 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
4400000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
5300000 USD
CY2018 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
4200000 USD
CY2020 mlhr Income Tax Reconciliation Foreignoffshoreincomeclaim
IncomeTaxReconciliationForeignoffshoreincomeclaim
-1700000 USD
CY2019 mlhr Income Tax Reconciliation Foreignoffshoreincomeclaim
IncomeTaxReconciliationForeignoffshoreincomeclaim
-700000 USD
CY2018 mlhr Income Tax Reconciliation Foreignoffshoreincomeclaim
IncomeTaxReconciliationForeignoffshoreincomeclaim
0 USD
CY2020 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
5800000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
5700000 USD
CY2018 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
2400000 USD
CY2020 us-gaap Income Tax Reconciliation Tax Settlements Foreign
IncomeTaxReconciliationTaxSettlementsForeign
2700000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Settlements Foreign
IncomeTaxReconciliationTaxSettlementsForeign
800000 USD
CY2018 us-gaap Income Tax Reconciliation Tax Settlements Foreign
IncomeTaxReconciliationTaxSettlementsForeign
1900000 USD
CY2020 us-gaap Income Tax Reconciliation Other Adjustments
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-200000 USD
CY2019 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
1700000 USD
CY2018 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
1400000 USD
CY2020 us-gaap Income Tax Expense Benefit
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6000000.0 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
39600000 USD
CY2018 us-gaap Income Tax Expense Benefit
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42400000 USD
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
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-0.449
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
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0.203
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
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0.252
CY2020Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
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14200000 USD
CY2019Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
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13100000 USD
CY2020Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
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9600000 USD
CY2019Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
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7200000 USD
CY2020Q2 us-gaap Deferred Tax Assets Deferred Income
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3700000 USD
CY2019Q2 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
6100000 USD
CY2020Q2 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
3900000 USD
CY2019Q2 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
1200000 USD
CY2020Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
7900000 USD
CY2019Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
8100000 USD
CY2019Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
1400000 USD
CY2020Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
8400000 USD
CY2020Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
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14000000.0 USD
CY2019Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
12300000 USD
CY2020Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
2500000 USD
CY2019Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
2500000 USD
CY2020Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
1200000 USD
CY2019Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
9100000 USD
CY2020Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
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700000 USD
CY2019Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
4200000 USD
CY2020Q2 mlhr Deferred Tax Assets Interest Rate Swap
DeferredTaxAssetsInterestRateSwap
6100000 USD
CY2019Q2 mlhr Deferred Tax Assets Interest Rate Swap
DeferredTaxAssetsInterestRateSwap
300000 USD
CY2020Q2 mlhr Deferred Tax Assets Lease Liabilities
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52500000 USD
CY2019Q2 mlhr Deferred Tax Assets Lease Liabilities
DeferredTaxAssetsLeaseLiabilities
0 USD
CY2020Q2 us-gaap Deferred Tax Assets Other
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6900000 USD
CY2019Q2 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
4700000 USD
CY2020Q2 us-gaap Deferred Tax Assets Gross
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131600000 USD
CY2019Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
70200000 USD
CY2020Q2 us-gaap Deferred Tax Assets Valuation Allowance
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10600000 USD
CY2019Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
10400000 USD
CY2020Q2 us-gaap Deferred Tax Assets Net
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121000000.0 USD
CY2019Q2 us-gaap Deferred Tax Assets Net
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59800000 USD
CY2020Q2 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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32000000.0 USD
CY2019Q2 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
26600000 USD
CY2020Q2 us-gaap Deferred Tax Liabilities Other Finite Lived Assets
DeferredTaxLiabilitiesOtherFiniteLivedAssets
43600000 USD
CY2019Q2 us-gaap Deferred Tax Liabilities Other Finite Lived Assets
DeferredTaxLiabilitiesOtherFiniteLivedAssets
34600000 USD
CY2020Q2 mlhr Deferred Tax Liabilities Rightofuseleaseassets
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44700000 USD
CY2019Q2 mlhr Deferred Tax Liabilities Rightofuseleaseassets
DeferredTaxLiabilitiesRightofuseleaseassets
0 USD
CY2020Q2 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
3400000 USD
CY2019Q2 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
2400000 USD
CY2020Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
123700000 USD
CY2019Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
63600000 USD
CY2020Q2 mlhr Foreign Cash Intendedtobe Repatriated
ForeignCashIntendedtobeRepatriated
29100000 USD
CY2020Q2 mlhr Deferred Tax Liability Foreign Withholding Taxeson Future Dividends
DeferredTaxLiabilityForeignWithholdingTaxesonFutureDividends
1800000 USD
CY2020Q2 us-gaap Undistributed Earnings Of Foreign Subsidiaries
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221500000 USD
CY2018Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
3200000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
400000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
100000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
400000 USD
CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
300000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
1100000 USD
CY2019Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1900000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
300000 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
100000 USD
CY2020 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
200000 USD
CY2020Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1900000 USD
CY2020 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
100000 USD
CY2019 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
-300000 USD
CY2018 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
100000 USD
CY2020Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
800000 USD
CY2019Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
700000 USD
CY2020Q2 us-gaap Debt Longterm And Shortterm Combined Amount
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591300000 USD
CY2019Q2 us-gaap Debt Longterm And Shortterm Combined Amount
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285000000.0 USD
CY2020Q2 us-gaap Debt Instrument Fair Value
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594000000.0 USD
CY2019Q2 us-gaap Debt Instrument Fair Value
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287800000 USD
CY2020Q2 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
200000 USD
CY2020Q2 us-gaap Available For Sale Securities Amortized Cost
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6800000 USD
CY2020Q2 us-gaap Available For Sale Securities
AvailableForSaleSecurities
7000000.0 USD
CY2019Q2 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
8700000 USD
CY2019Q2 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
100000 USD
CY2019Q2 us-gaap Available For Sale Securities
AvailableForSaleSecurities
8800000 USD
CY2020Q2 us-gaap Derivative Liability Notional Amount
DerivativeLiabilityNotionalAmount
52600000 USD
CY2019Q2 us-gaap Derivative Liability Notional Amount
DerivativeLiabilityNotionalAmount
38100000 USD
CY2020Q2 us-gaap Derivative Asset Notional Amount
DerivativeAssetNotionalAmount
27500000 GBP
CY2019Q2 us-gaap Derivative Asset Notional Amount
DerivativeAssetNotionalAmount
19200000 GBP
CY2020 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-17200000 USD
CY2019 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-12800000 USD
CY2020 us-gaap Gain Loss On Cash Flow Hedge Ineffectiveness Net
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0 USD
CY2020 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-17200000 USD
CY2019 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-12800000 USD
CY2018 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
7500000 USD
CY2018Q3 us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Annual Amount
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2100000 USD
CY2020Q2 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
3600000 USD
CY2019Q2 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
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20600000 USD
CY2019 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
10100000 USD
CY2020 mlhr Contingent Equity Purchase
ContingentEquityPurchase
0.33
CY2020 mlhr Redeemable Noncontrolling Interests Impactof Foreign Currency Translation
RedeemableNoncontrollingInterestsImpactofForeignCurrencyTranslation
700000 USD
CY2018Q2 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
37200000 USD
CY2017Q2 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
-47600000 USD
CY2020 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
-16900000 USD
CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
-10000000.0 USD
CY2018 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
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