$MTD
METTLER TOLEDO INTERNATIONAL INC/

2021 Q3 Form 10-Q Financial Statement

#000103764621000050 Filed on November 05, 2021

View on sec.gov

Income Statement

Concept 2021 Q3 2020 Q3 2020 Q2
Revenue $952.0M $807.4M $690.7M
YoY Change 17.91% 7.1% -5.56%
Cost Of Revenue $396.1M $337.7M $292.7M
YoY Change 17.3% 5.93% -6.13%
Gross Profit $555.8M $469.6M $398.0M
YoY Change 18.36% 7.94% -5.14%
Gross Profit Margin 58.39% 58.17% 57.62%
Selling, General & Admin $240.7M $205.0M $190.1M
YoY Change 17.45% 1.06% -7.35%
% of Gross Profit 43.31% 43.65% 47.78%
Research & Development $42.28M $34.66M $31.19M
YoY Change 21.99% -3.77% -14.73%
% of Gross Profit 7.61% 7.38% 7.84%
Depreciation & Amortization $27.22M $24.70M $24.10M
YoY Change 10.19% 10.76% 10.05%
% of Gross Profit 4.9% 5.26% 6.06%
Operating Expenses $283.0M $239.6M $221.3M
YoY Change 18.1% 0.33% -8.47%
Operating Profit $272.8M $230.0M $176.6M
YoY Change 18.62% 17.21% -0.62%
Interest Expense $11.79M $9.310M $9.582M
YoY Change 26.65% -5.0% 7.88%
% of Operating Profit 4.32% 4.05% 5.42%
Other Income/Expense, Net $3.257M $3.832M $2.943M
YoY Change -15.01% 91.12% 86.98%
Pretax Income $247.6M $205.8M $155.3M
YoY Change 20.3% 21.52% 0.03%
Income Tax $43.90M $44.04M $28.69M
% Of Pretax Income 17.73% 21.4% 18.48%
Net Earnings $203.7M $161.8M $126.6M
YoY Change 25.91% 25.02% -0.47%
Net Earnings / Revenue 21.4% 20.04% 18.32%
Basic Earnings Per Share $8.83 $6.76 $5.29
Diluted Earnings Per Share $8.71 $6.68 $5.22
COMMON SHARES
Basic Shares Outstanding 23.06M shares 23.92M shares 23.94M shares
Diluted Shares Outstanding 23.39M shares 24.23M shares 24.23M shares

Balance Sheet

Concept 2021 Q3 2020 Q3 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $183.7M $153.7M $127.3M
YoY Change 19.5% 27.55% 2.33%
Cash & Equivalents $183.7M $153.7M $127.3M
Short-Term Investments
Other Short-Term Assets $77.73M $78.50M $72.40M
YoY Change -0.98% 33.05% 0.7%
Inventory $381.5M $292.3M $299.7M
Prepaid Expenses
Receivables $603.4M $521.8M $490.4M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.246B $1.046B $989.8M
YoY Change 19.11% 8.56% 0.85%
LONG-TERM ASSETS
Property, Plant & Equipment $783.8M $758.0M $743.4M
YoY Change 3.4% 4.9% 2.11%
Goodwill $639.2M $642.2M $537.6M
YoY Change -0.47% 19.45% 0.57%
Intangibles $288.6M $199.2M $202.1M
YoY Change 44.91% -4.88% -4.3%
Long-Term Investments
YoY Change
Other Assets $210.1M $184.2M $170.9M
YoY Change 14.04% 5.71% 0.59%
Total Long-Term Assets $1.961B $1.720B $1.690B
YoY Change 13.99% 2.88% 0.62%
TOTAL ASSETS
Total Short-Term Assets $1.246B $1.046B $989.8M
Total Long-Term Assets $1.961B $1.720B $1.690B
Total Assets $3.207B $2.767B $2.680B
YoY Change 15.93% 4.96% 0.71%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $219.3M $146.6M $155.9M
YoY Change 49.54% -1.06% -2.92%
Accrued Expenses $196.5M $180.1M $162.4M
YoY Change 9.09% 14.01% -0.26%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $53.52M $55.10M $53.60M
YoY Change -2.86% 13.37% 3.28%
Total Short-Term Liabilities $1.002B $764.1M $702.8M
YoY Change 31.08% 6.23% -0.63%
LONG-TERM LIABILITIES
Long-Term Debt $1.640B $1.169B $1.147B
YoY Change 40.24% 3.99% 5.4%
Other Long-Term Liabilities $364.2M $348.3M $335.2M
YoY Change 4.57% 10.89% 4.31%
Total Long-Term Liabilities $2.004B $1.517B $1.482B
YoY Change 32.05% 5.5% 5.15%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.002B $764.1M $702.8M
Total Long-Term Liabilities $2.004B $1.517B $1.482B
Total Liabilities $3.048B $2.323B $2.230B
YoY Change 31.18% 5.73% 3.37%
SHAREHOLDERS EQUITY
Retained Earnings $5.632B $4.882B $4.721B
YoY Change 15.36% 13.29% 12.92%
Common Stock $820.7M $800.1M $793.1M
YoY Change 2.57% 2.67% 2.38%
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.996B $4.912B $4.718B
YoY Change 22.06% 13.29% 13.7%
Treasury Stock Shares 20.99M shares 20.99M shares 20.81M shares
Shareholders Equity $159.2M $443.1M $450.1M
YoY Change
Total Liabilities & Shareholders Equity $3.207B $2.767B $2.680B
YoY Change 15.93% 4.96% 0.71%

Cashflow Statement

Concept 2021 Q3 2020 Q3 2020 Q2
OPERATING ACTIVITIES
Net Income $203.7M $161.8M $126.6M
YoY Change 25.91% 25.02% -0.47%
Depreciation, Depletion And Amortization $27.22M $24.70M $24.10M
YoY Change 10.19% 10.76% 10.05%
Cash From Operating Activities $263.3M $225.0M $183.3M
YoY Change 17.03% 27.99% 44.22%
INVESTING ACTIVITIES
Capital Expenditures -$22.43M -$20.30M -$18.30M
YoY Change 10.51% -24.54% -17.94%
Acquisitions
YoY Change
Other Investing Activities -$2.747M $900.0K $2.100M
YoY Change -405.22% -120.45% -138.89%
Cash From Investing Activities -$25.18M -$19.40M -$16.10M
YoY Change 29.79% -38.02% -41.88%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -195.7M -182.3M -362.4M
YoY Change 7.35% 25.46% 259.88%
NET CHANGE
Cash From Operating Activities 263.3M 225.0M 183.3M
Cash From Investing Activities -25.18M -19.40M -16.10M
Cash From Financing Activities -195.7M -182.3M -362.4M
Net Change In Cash 42.43M 23.30M -195.2M
YoY Change 82.12% -3012.5% 14915.38%
FREE CASH FLOW
Cash From Operating Activities $263.3M $225.0M $183.3M
Capital Expenditures -$22.43M -$20.30M -$18.30M
Free Cash Flow $285.7M $245.3M $201.6M
YoY Change 16.49% 21.02% 34.94%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Central Index Key
EntityCentralIndexKey
0001037646
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2021
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Amendment Flag
AmendmentFlag
false
CY2021Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
17979000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
17009000 USD
CY2021Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2020Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2021Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2020Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2021Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2021Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
125000000 shares
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
125000000 shares
CY2021Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
44786011 shares
CY2020Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
44786011 shares
CY2021Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
23794563 shares
CY2020Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
24125317 shares
CY2021Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
20991448 shares
CY2020Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
20660694 shares
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2021-09-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
1-13595
dei Entity Registrant Name
EntityRegistrantName
Mettler Toledo International Inc
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
13-3668641
dei Entity Address Address Line1
EntityAddressAddressLine1
1900 Polaris Parkway
dei Entity Address City Or Town
EntityAddressCityOrTown
Columbus
dei Entity Address State Or Province
EntityAddressStateOrProvince
OH
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
43240
dei City Area Code
CityAreaCode
614
dei Local Phone Number
LocalPhoneNumber
438-4511
dei Security12b Title
Security12bTitle
Common Stock, $0.01 par value
dei Trading Symbol
TradingSymbol
MTD
dei Security Exchange Name
SecurityExchangeName
NYSE
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2021Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
22985655 shares
CY2021Q3 us-gaap Revenues
Revenues
951950000 USD
CY2020Q3 us-gaap Revenues
Revenues
807357000 USD
CY2021Q3 us-gaap Gross Profit
GrossProfit
555820000 USD
CY2020Q3 us-gaap Gross Profit
GrossProfit
469608000 USD
CY2021Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
42276000 USD
CY2020Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
34656000 USD
CY2021Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
240734000 USD
CY2020Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
204974000 USD
CY2021Q3 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
16039000 USD
CY2020Q3 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
14121000 USD
CY2021Q3 us-gaap Interest Expense
InterestExpense
11791000 USD
CY2020Q3 us-gaap Interest Expense
InterestExpense
9310000 USD
CY2021Q3 us-gaap Restructuring Charges
RestructuringCharges
650000 USD
CY2020Q3 us-gaap Restructuring Charges
RestructuringCharges
4570000 USD
CY2021Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3257000 USD
CY2020Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3832000 USD
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
247587000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
205809000 USD
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
43899000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
44042000 USD
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
203688000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
161767000 USD
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
8.83
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.76
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23056924 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23922272 shares
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
8.71
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.68
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
23393579 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24225204 shares
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
208428000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
180099000 USD
us-gaap Revenues
Revenues
2680691000 USD
us-gaap Revenues
Revenues
2147192000 USD
us-gaap Gross Profit
GrossProfit
1564420000 USD
us-gaap Gross Profit
GrossProfit
1241987000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
124151000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
100236000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
701531000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
593852000 USD
us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
46141000 USD
us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
42008000 USD
us-gaap Interest Expense
InterestExpense
31701000 USD
us-gaap Interest Expense
InterestExpense
29111000 USD
us-gaap Restructuring Charges
RestructuringCharges
2719000 USD
us-gaap Restructuring Charges
RestructuringCharges
7335000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
5208000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
10118000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
663385000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
479563000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
125271000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
93119000 USD
us-gaap Net Income Loss
NetIncomeLoss
538114000 USD
us-gaap Net Income Loss
NetIncomeLoss
386444000 USD
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
23.19
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
16.13
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23203257 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23963311 shares
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
22.86
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
15.92
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
23536615 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24272354 shares
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
575187000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
382844000 USD
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
183672000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
94254000 USD
CY2021Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
603364000 USD
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
593809000 USD
CY2021Q3 us-gaap Inventory Net
InventoryNet
381457000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
297611000 USD
CY2021Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
77731000 USD
CY2020Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
71230000 USD
CY2021Q3 us-gaap Assets Current
AssetsCurrent
1246224000 USD
CY2020Q4 us-gaap Assets Current
AssetsCurrent
1056904000 USD
CY2021Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
783813000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
798868000 USD
CY2021Q3 us-gaap Goodwill
Goodwill
639184000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
550270000 USD
CY2021Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
288593000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
196785000 USD
CY2021Q3 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
39272000 USD
CY2020Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
41836000 USD
CY2021Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
210075000 USD
CY2020Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
169886000 USD
CY2021Q3 us-gaap Assets
Assets
3207161000 USD
CY2020Q4 us-gaap Assets
Assets
2814549000 USD
CY2021Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
219294000 USD
CY2020Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
175801000 USD
CY2021Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
196520000 USD
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
196834000 USD
CY2021Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
209356000 USD
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
179252000 USD
CY2021Q3 us-gaap Deferred Revenue
DeferredRevenue
195234000 USD
CY2020Q4 us-gaap Deferred Revenue
DeferredRevenue
149106000 USD
CY2021Q3 us-gaap Taxes Payable Current
TaxesPayableCurrent
127633000 USD
CY2020Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
89017000 USD
CY2021Q3 mtd Short Term Debt And Long Term Debt Current Maturities
ShortTermDebtAndLongTermDebtCurrentMaturities
53524000 USD
CY2020Q4 mtd Short Term Debt And Long Term Debt Current Maturities
ShortTermDebtAndLongTermDebtCurrentMaturities
50317000 USD
CY2021Q3 us-gaap Liabilities Current
LiabilitiesCurrent
1001561000 USD
CY2020Q4 us-gaap Liabilities Current
LiabilitiesCurrent
840327000 USD
CY2021Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1639583000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1284174000 USD
CY2021Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
42656000 USD
CY2020Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
34448000 USD
CY2021Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
364190000 USD
CY2020Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
372925000 USD
CY2021Q3 us-gaap Liabilities
Liabilities
3047990000 USD
CY2020Q4 us-gaap Liabilities
Liabilities
2531874000 USD
CY2021Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2021Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2020Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2021Q3 us-gaap Common Stock Value
CommonStockValue
448000 USD
CY2020Q4 us-gaap Common Stock Value
CommonStockValue
448000 USD
CY2021Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
820272000 USD
CY2020Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
805140000 USD
CY2021Q3 us-gaap Treasury Stock Value
TreasuryStockValue
5995662000 USD
CY2020Q4 us-gaap Treasury Stock Value
TreasuryStockValue
5283584000 USD
CY2021Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
5631965000 USD
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
5095596000 USD
CY2021Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-297852000 USD
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-334925000 USD
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
159171000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
282675000 USD
CY2021Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3207161000 USD
CY2020Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2814549000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
420780000 USD
CY2020Q1 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
7135000 USD
CY2020Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
200000000 USD
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4395000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
98115000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-24028000 USD
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
306397000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
10615000 USD
CY2020Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
0 USD
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4423000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
126562000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
2096000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
450093000 USD
CY2020Q3 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
8444000 USD
CY2020Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
199999000 USD
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4430000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
161767000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
18332000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
443067000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
282675000 USD
CY2021Q1 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
5049000 USD
CY2021Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
262500000 USD
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4575000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
149663000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
23181000 USD
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
202643000 USD
CY2021Q2 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
2784000 USD
CY2021Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
212499000 USD
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4581000 USD
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
184763000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
9152000 USD
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
191424000 USD
CY2021Q3 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
7081000 USD
CY2021Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
252499000 USD
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4737000 USD
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
203688000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
4740000 USD
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
159171000 USD
us-gaap Net Income Loss
NetIncomeLoss
538114000 USD
us-gaap Net Income Loss
NetIncomeLoss
386444000 USD
us-gaap Depreciation
Depreciation
33440000 USD
us-gaap Depreciation
Depreciation
30949000 USD
us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
46141000 USD
us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
42008000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-6072000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-6990000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
13893000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
13248000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
19153000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-49084000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
87568000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
11421000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
3596000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
8733000 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
44170000 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-40874000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
42474000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
19117000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-65876000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-998000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
667719000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
473830000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
3399000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
3046000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
69796000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
57428000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
193387000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
6242000 USD
us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
-8559000 USD
us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
9421000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-251225000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-70045000 USD
mtd Proceeds From Borrowings
ProceedsFromBorrowings
1638321000 USD
mtd Proceeds From Borrowings
ProceedsFromBorrowings
1148360000 USD
mtd Repayments Of Borrowings
RepaymentsOfBorrowings
1249177000 USD
mtd Repayments Of Borrowings
RepaymentsOfBorrowings
1231191000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
14914000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
26194000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
727498000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
399999000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-2864000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-800000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-326304000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-457436000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-772000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-448000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
89418000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-54099000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
94254000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
207785000 USD
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
183672000 USD
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
153686000 USD
CY2021Q3 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
158541000 USD
CY2020Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
132041000 USD
CY2021Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
73105000 USD
CY2020Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
55688000 USD
CY2021Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
149811000 USD
CY2020Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
109882000 USD
CY2021Q3 us-gaap Inventory Net
InventoryNet
381457000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
297611000 USD
CY2021Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
429671000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
141078000 USD
CY2021Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
288593000 USD
CY2020Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
325463000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
128678000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
196785000 USD
CY2021Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5700000 USD
CY2020Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4000000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
15900000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
11800000 USD
mtd Future Amortization Expense Current Year
FutureAmortizationExpenseCurrentYear
21600000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
21100000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
20300000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
19800000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
18900000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
16700000 USD
CY2021Q3 mtd Purchased Intangible Amortization Gross
PurchasedIntangibleAmortizationGross
5500000 USD
CY2021Q3 mtd Amortization Of Acquired Intangible Asset Net Of Tax
AmortizationOfAcquiredIntangibleAssetNetOfTax
4100000 USD
CY2020Q3 mtd Purchased Intangible Amortization Gross
PurchasedIntangibleAmortizationGross
3800000 USD
CY2020Q3 mtd Amortization Of Acquired Intangible Asset Net Of Tax
AmortizationOfAcquiredIntangibleAssetNetOfTax
2800000 USD
mtd Purchased Intangible Amortization Gross
PurchasedIntangibleAmortizationGross
15200000 USD
mtd Amortization Of Acquired Intangible Asset Net Of Tax
AmortizationOfAcquiredIntangibleAssetNetOfTax
11500000 USD
mtd Purchased Intangible Amortization Gross
PurchasedIntangibleAmortizationGross
11200000 USD
mtd Amortization Of Acquired Intangible Asset Net Of Tax
AmortizationOfAcquiredIntangibleAssetNetOfTax
8500000 USD
CY2021Q3 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
10300000 USD
CY2020Q3 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
10100000 USD
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
30000000 USD
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4700000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
13900000 USD
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4400000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
13200000 USD
CY2021Q2 mtd Additional Shares Issued Under Equity Incentive Plan
AdditionalSharesIssuedUnderEquityIncentivePlan
900000 shares
CY2021Q2 mtd Shares Remaining Under Equity Incentive Plan Prior To Amendment
SharesRemainingUnderEquityIncentivePlanPriorToAmendment
2100000 shares
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
951950000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
807357000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2680691000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2147192000 USD
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
951950000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
807357000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2680691000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2147192000 USD
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
951950000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
807357000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2680691000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2147192000 USD
CY2021Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
37300000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
22600000 USD
CY2020Q4 us-gaap Deferred Revenue
DeferredRevenue
149106000 USD
CY2019Q4 us-gaap Deferred Revenue
DeferredRevenue
122489000 USD
mtd Customerprepaymentsanddeferredrevenue
Customerprepaymentsanddeferredrevenue
496437000 USD
mtd Customerprepaymentsanddeferredrevenue
Customerprepaymentsanddeferredrevenue
435952000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-446775000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-409391000 USD
us-gaap Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
-3534000 USD
us-gaap Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
1426000 USD
CY2021Q3 us-gaap Deferred Revenue
DeferredRevenue
195234000 USD
CY2020Q2 us-gaap Deferred Revenue
DeferredRevenue
150476000 USD
us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
300000 USD
CY2021Q3 mtd Foreign Currency Cash Flow Hedge Short Term
ForeignCurrencyCashFlowHedgeShortTerm
0 USD
CY2020Q4 mtd Foreign Currency Cash Flow Hedge Short Term
ForeignCurrencyCashFlowHedgeShortTerm
13093000 USD
CY2021Q3 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
25600000 USD
CY2020Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
14300000 USD
CY2021Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.177 Rate
CY2020Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.214 Rate
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.189
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.194 Rate
mtd Annual Effective Tax Ratebeforerecurringdiscretetaxitems
AnnualEffectiveTaxRatebeforerecurringdiscretetaxitems
0.195 Rate
mtd Annual Effective Tax Ratebeforerecurringdiscretetaxitems
AnnualEffectiveTaxRatebeforerecurringdiscretetaxitems
0.205 Rate
CY2021Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
3119000 USD
CY2021Q3 us-gaap Senior Notes
SeniorNotes
1046733000 USD
CY2021Q3 us-gaap Line Of Credit Facility Fair Value Of Amount Outstanding
LineOfCreditFacilityFairValueOfAmountOutstanding
589565000 USD
CY2021Q3 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
1693107000 USD
CY2021Q3 us-gaap Debt Current
DebtCurrent
53524000 USD
CY2021Q3 us-gaap Long Term Debt
LongTermDebt
1639583000 USD
CY2021Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1250000000 USD
CY2021Q3 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
654200000 USD
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
183700000 USD
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
200000 USD
CY2021Q3 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
2000000 USD
CY2021Q3 us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax
9400000 USD
CY2020Q3 us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax
11200000 USD
us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax
21200000 USD
us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax
11300000 USD
CY2021Q3 mtd Cumulativegainlossinotherothercomprehensiveincomerelatedtothechangeinanetinvestmenthedge.
Cumulativegainlossinotherothercomprehensiveincomerelatedtothechangeinanetinvestmenthedge.
7600000 USD
mtd Stock Repurchase Program Additional Authorized Amount
StockRepurchaseProgramAdditionalAuthorizedAmount
2500000000 USD
CY2021Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
2300000000 USD
CY2021Q3 mtd Shares Repurchased Under Share Repurchase Program
SharesRepurchasedUnderShareRepurchaseProgram
30000000 shares
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
727500000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
400000000 USD
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
557310 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
475530 shares
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
1305.35
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
841.14
mtd Exercise Of Stock Options And Restricted Stock Units Shares Treasury Stock Reissued
ExerciseOfStockOptionsAndRestrictedStockUnitsSharesTreasuryStockReissued
71124 shares
mtd Exercise Of Stock Options And Restricted Stock Units Shares Treasury Stock Reissued
ExerciseOfStockOptionsAndRestrictedStockUnitsSharesTreasuryStockReissued
144776 shares
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
203688000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
161767000 USD
us-gaap Net Income Loss
NetIncomeLoss
538114000 USD
us-gaap Net Income Loss
NetIncomeLoss
386444000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
4740000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
18332000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
37073000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-3600000 USD
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
208428000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
180099000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
575187000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
382844000 USD
CY2021Q3 us-gaap Unrealized Gain Loss On Foreign Currency Derivatives Net Before Tax
UnrealizedGainLossOnForeignCurrencyDerivativesNetBeforeTax
1242000 USD
CY2020Q3 us-gaap Unrealized Gain Loss On Foreign Currency Derivatives Net Before Tax
UnrealizedGainLossOnForeignCurrencyDerivativesNetBeforeTax
-3769000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
-201000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
440000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
1041000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-3329000 USD
CY2021Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
6449000 USD
CY2020Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
4746000 USD
CY2021Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
1361000 USD
CY2020Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
1047000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
5088000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
3699000 USD
us-gaap Unrealized Gain Loss On Foreign Currency Derivatives Net Before Tax
UnrealizedGainLossOnForeignCurrencyDerivativesNetBeforeTax
7000000 USD
us-gaap Unrealized Gain Loss On Foreign Currency Derivatives Net Before Tax
UnrealizedGainLossOnForeignCurrencyDerivativesNetBeforeTax
-6329000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
-1227000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
805000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
5773000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-5524000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
19460000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
13835000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
4105000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
3037000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
15355000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
10798000 USD
CY2021Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
336655 shares
CY2020Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
302932 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
333358 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
309044 shares
CY2021Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3692 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
20384 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
56371 shares
CY2021Q3 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
5232000 USD
CY2020Q3 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
5076000 USD
CY2021Q3 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1391000 USD
CY2020Q3 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
2102000 USD
CY2021Q3 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
10345000 USD
CY2020Q3 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
9949000 USD
CY2021Q3 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
-480000 USD
CY2020Q3 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
-1837000 USD
CY2021Q3 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-6929000 USD
CY2020Q3 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-6583000 USD
CY2021Q3 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
2727000 USD
CY2020Q3 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
1975000 USD
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
15832000 USD
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
14773000 USD
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
4201000 USD
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
6227000 USD
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
31208000 USD
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
29101000 USD
us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
-1454000 USD
CY2021Q3 us-gaap Restructuring Reserve
RestructuringReserve
4162000 USD
us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
-5335000 USD
us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-20914000 USD
us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-19170000 USD
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
8285000 USD
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
5734000 USD
CY2021Q3 us-gaap Restructuring Charges
RestructuringCharges
700000 USD
us-gaap Restructuring Charges
RestructuringCharges
2700000 USD
CY2020Q4 us-gaap Restructuring Reserve
RestructuringReserve
9184000 USD
us-gaap Restructuring Charges
RestructuringCharges
2719000 USD
us-gaap Payments For Restructuring
PaymentsForRestructuring
7422000 USD
us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
-319000 USD
CY2021Q3 mtd Non Service Pension Costs Benefits
NonServicePensionCostsBenefits
2500000 USD
CY2020Q3 mtd Non Service Pension Costs Benefits
NonServicePensionCostsBenefits
3100000 USD
mtd Non Service Pension Costs Benefits
NonServicePensionCostsBenefits
7500000 USD
mtd Non Service Pension Costs Benefits
NonServicePensionCostsBenefits
9000000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
2800000 USD
CY2021Q3 us-gaap Revenues
Revenues
951950000 USD
CY2021Q3 mtd Revenue Transactions With Other Operating Segments
RevenueTransactionsWithOtherOperatingSegments
0 USD
CY2021Q3 mtd Net Sales
NetSales
951950000 USD
CY2021Q3 mtd Segment Profit Information
SegmentProfitInformation
272810000 USD
CY2021Q3 us-gaap Goodwill
Goodwill
639184000 USD
us-gaap Revenues
Revenues
2680691000 USD
mtd Revenue Transactions With Other Operating Segments
RevenueTransactionsWithOtherOperatingSegments
0 USD
mtd Net Sales
NetSales
2680691000 USD
mtd Segment Profit Information
SegmentProfitInformation
738738000 USD
CY2020Q3 us-gaap Revenues
Revenues
807357000 USD
CY2020Q3 mtd Revenue Transactions With Other Operating Segments
RevenueTransactionsWithOtherOperatingSegments
0 USD
CY2020Q3 mtd Net Sales
NetSales
807357000 USD
CY2020Q3 mtd Segment Profit Information
SegmentProfitInformation
229978000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
541722000 USD
us-gaap Revenues
Revenues
2147192000 USD
mtd Revenue Transactions With Other Operating Segments
RevenueTransactionsWithOtherOperatingSegments
0 USD
mtd Net Sales
NetSales
2147192000 USD
mtd Segment Profit Information
SegmentProfitInformation
547899000 USD
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
247587000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
205809000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
663385000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
479563000 USD
CY2021Q3 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
16039000 USD
CY2020Q3 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
14121000 USD
us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
46141000 USD
us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
42008000 USD
CY2021Q3 us-gaap Interest Expense
InterestExpense
11791000 USD
CY2020Q3 us-gaap Interest Expense
InterestExpense
9310000 USD
us-gaap Interest Expense
InterestExpense
31701000 USD
us-gaap Interest Expense
InterestExpense
29111000 USD
CY2021Q3 us-gaap Restructuring Charges
RestructuringCharges
650000 USD
CY2020Q3 us-gaap Restructuring Charges
RestructuringCharges
4570000 USD
us-gaap Restructuring Charges
RestructuringCharges
2719000 USD
us-gaap Restructuring Charges
RestructuringCharges
7335000 USD
CY2021Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3257000 USD
CY2020Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3832000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
5208000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
10118000 USD
CY2021Q3 mtd Segment Profit Information
SegmentProfitInformation
272810000 USD
CY2020Q3 mtd Segment Profit Information
SegmentProfitInformation
229978000 USD
mtd Segment Profit Information
SegmentProfitInformation
738738000 USD
mtd Segment Profit Information
SegmentProfitInformation
547899000 USD
CY2021Q3 us-gaap Restructuring Charges
RestructuringCharges
700000 USD
CY2020Q3 us-gaap Restructuring Charges
RestructuringCharges
4600000 USD
us-gaap Restructuring Charges
RestructuringCharges
2700000 USD
us-gaap Restructuring Charges
RestructuringCharges
7300000 USD

Files In Submission

Name View Source Status
0001037646-21-000050-index-headers.html Edgar Link pending
0001037646-21-000050-index.html Edgar Link pending
0001037646-21-000050.txt Edgar Link pending
0001037646-21-000050-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
mtd-20210930.htm Edgar Link pending
mtd-20210930.xsd Edgar Link pending
mtd-20210930_cal.xml Edgar Link unprocessable
mtd-20210930_def.xml Edgar Link unprocessable
mtd-20210930_htm.xml Edgar Link completed
mtd-20210930_lab.xml Edgar Link unprocessable
mtd-20210930_pre.xml Edgar Link unprocessable
mtdexhibit3119302021.htm Edgar Link pending
mtdexhibit3129302021.htm Edgar Link pending
mtdexhibit329302021.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending