$MTD
METTLER TOLEDO INTERNATIONAL INC/

2022 Q2 Form 10-Q Financial Statement

#000103764622000025 Filed on July 29, 2022

View on sec.gov

Income Statement

Concept 2022 Q2 2022 Q1 2021 Q4
Revenue $978.4M $897.8M $1.037B
YoY Change 5.85% 11.61% 10.58%
Cost Of Revenue $406.7M $378.2M $430.1M
YoY Change 4.98% 13.68% 13.51%
Gross Profit $571.7M $519.6M $607.1M
YoY Change 6.47% 10.15% 8.6%
Gross Profit Margin 58.43% 57.87% 58.53%
Selling, General & Admin $242.2M $235.3M $242.4M
YoY Change 1.32% 6.11% 7.09%
% of Gross Profit 42.37% 45.29% 39.93%
Research & Development $44.02M $43.03M $45.62M
YoY Change 3.33% 9.56% 14.32%
% of Gross Profit 7.7% 8.28% 7.51%
Depreciation & Amortization $27.81M $11.88M $28.48M
YoY Change 0.9% 8.56% 10.37%
% of Gross Profit 4.87% 2.29% 4.69%
Operating Expenses $286.2M $278.3M $306.5M
YoY Change 1.63% 6.63% 10.57%
Operating Profit $285.4M $241.2M $300.6M
YoY Change 11.82% 14.51% 6.67%
Interest Expense $12.77M $11.34M -$11.54M
YoY Change 22.28% 19.71% 21.48%
% of Operating Profit 4.47% 4.7% -3.84%
Other Income/Expense, Net $2.160M $3.709M
YoY Change -18.83% -622.39%
Pretax Income $256.7M $213.0M $286.0M
YoY Change 11.42% 14.88% 6.23%
Income Tax $44.62M $39.00M $55.11M
% Of Pretax Income 17.38% 18.31% 19.27%
Net Earnings $212.1M $174.0M $230.9M
YoY Change 14.78% 16.26% 54.26%
Net Earnings / Revenue 21.68% 19.38% 22.26%
Basic Earnings Per Share $9.39 $7.64
Diluted Earnings Per Share $9.29 $7.55 $9.942M
COMMON SHARES
Basic Shares Outstanding 22.59M shares 22.77M shares
Diluted Shares Outstanding 22.82M shares 23.04M shares

Balance Sheet

Concept 2022 Q2 2022 Q1 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $109.4M $116.9M $98.56M
YoY Change -23.06% 9.61% 4.52%
Cash & Equivalents $109.4M $116.9M $98.56M
Short-Term Investments
Other Short-Term Assets $125.3M $128.6M $108.9M
YoY Change 56.65% 65.25% 52.97%
Inventory $463.3M $446.5M $414.5M
Prepaid Expenses
Receivables $626.6M $617.9M $647.3M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.325B $1.310B $1.269B
YoY Change 12.97% 21.26% 20.1%
LONG-TERM ASSETS
Property, Plant & Equipment $760.9M $787.5M $799.4M
YoY Change -3.75% 0.94% 0.06%
Goodwill $643.4M $650.1M $648.6M
YoY Change 0.2% 1.47% 17.87%
Intangibles $298.4M $305.1M $307.5M
YoY Change 1.58% 2.15% 56.24%
Long-Term Investments
YoY Change
Other Assets $272.1M $264.7M $262.5M
YoY Change 34.26% 39.75% 54.52%
Total Long-Term Assets $2.012B $2.046B $2.057B
YoY Change 2.1% 5.04% 17.06%
TOTAL ASSETS
Total Short-Term Assets $1.325B $1.310B $1.269B
Total Long-Term Assets $2.012B $2.046B $2.057B
Total Assets $3.336B $3.356B $3.327B
YoY Change 6.16% 10.82% 18.2%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $267.5M $259.4M $272.9M
YoY Change 26.9% 37.01% 55.24%
Accrued Expenses $203.3M $214.6M $208.8M
YoY Change 3.83% 9.96% 6.08%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $106.6M $105.3M $101.1M
YoY Change 100.99% 100.5% 101.06%
Total Short-Term Liabilities $1.119B $1.087B $1.147B
YoY Change 19.2% 29.18% 36.44%
LONG-TERM LIABILITIES
Long-Term Debt $1.821B $1.767B $1.581B
YoY Change 13.7% 13.18% 23.1%
Other Long-Term Liabilities $320.6M $352.2M $365.8M
YoY Change -14.64% -9.27% -1.91%
Total Long-Term Liabilities $2.142B $2.119B $1.947B
YoY Change 8.32% 8.71% 17.47%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.119B $1.087B $1.147B
Total Long-Term Liabilities $2.142B $2.119B $1.947B
Total Liabilities $3.329B $3.272B $3.155B
YoY Change 12.8% 15.78% 24.63%
SHAREHOLDERS EQUITY
Retained Earnings $6.243B $6.031B $5.859B
YoY Change 14.99% 15.0% 14.99%
Common Stock $838.1M $832.0M $826.4M
YoY Change 2.72% 2.53% 2.59%
Preferred Stock
YoY Change
Treasury Stock (at cost) $6.791B $6.527B $6.259B
YoY Change 18.09% 17.79% 18.46%
Treasury Stock Shares 22.28M shares 22.11M shares 21.94M shares
Shareholders Equity $7.262M $84.57M $171.4M
YoY Change
Total Liabilities & Shareholders Equity $3.336B $3.356B $3.327B
YoY Change 6.16% 10.82% 18.2%

Cashflow Statement

Concept 2022 Q2 2022 Q1 2021 Q4
OPERATING ACTIVITIES
Net Income $212.1M $174.0M $230.9M
YoY Change 14.78% 16.26% 54.26%
Depreciation, Depletion And Amortization $27.81M $11.88M $28.48M
YoY Change 0.9% 8.56% 10.37%
Cash From Operating Activities $219.2M $90.84M $241.1M
YoY Change -10.74% -42.83% -3.9%
INVESTING ACTIVITIES
Capital Expenditures -$43.24M $19.15M -$37.78M
YoY Change 89.96% -22.17% 7.65%
Acquisitions $9.704M
YoY Change -94.76%
Other Investing Activities $9.699M $12.04M -$25.10M
YoY Change -181.63% -107.22% -634.02%
Cash From Investing Activities -$33.54M -$7.112M -$62.88M
YoY Change -2.91% -96.29% 106.85%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $275.0M
YoY Change 4.76%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -188.8M -$64.49M -264.2M
YoY Change 6.5% -238.14% -7.77%
NET CHANGE
Cash From Operating Activities 219.2M $90.84M 241.1M
Cash From Investing Activities -33.54M -$7.112M -62.88M
Cash From Financing Activities -188.8M -$64.49M -264.2M
Net Change In Cash -3.229M $18.39M -86.02M
YoY Change -109.59% 48.27% 30.34%
FREE CASH FLOW
Cash From Operating Activities $219.2M $90.84M $241.1M
Capital Expenditures -$43.24M $19.15M -$37.78M
Free Cash Flow $262.4M $71.69M $278.9M
YoY Change -2.19% -46.61% -2.49%

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
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
22132000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
22176000 usd
CY2022Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2022Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
dei Entity Address City Or Town
EntityAddressCityOrTown
Columbus
CY2022Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
125000000 shares
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
125000000 shares
CY2022Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
44786011 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
44786011 shares
CY2022Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
22506610 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
22843103 shares
CY2022Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
22279401 shares
CY2021Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
21942908 shares
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
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 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
CY2022Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
22506610 shares
CY2022Q2 us-gaap Revenues
Revenues
978387000 usd
CY2021Q2 us-gaap Revenues
Revenues
924351000 usd
CY2022Q2 us-gaap Gross Profit
GrossProfit
571661000 usd
CY2021Q2 us-gaap Gross Profit
GrossProfit
536904000 usd
CY2022Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
44023000 usd
CY2021Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
42603000 usd
CY2022Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
242206000 usd
CY2021Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
239045000 usd
CY2022Q2 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
16365000 usd
CY2021Q2 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
16218000 usd
CY2022Q2 us-gaap Interest Expense
InterestExpense
12765000 usd
CY2021Q2 us-gaap Interest Expense
InterestExpense
10439000 usd
CY2022Q2 us-gaap Restructuring Charges
RestructuringCharges
1770000 usd
CY2021Q2 us-gaap Restructuring Charges
RestructuringCharges
876000 usd
CY2022Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2160000 usd
CY2021Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2661000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
256692000 usd
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
230384000 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
44622000 usd
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
45621000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
212070000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
184763000 usd
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
9.39
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
7.97
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22593375 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23191155 shares
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
9.29
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
7.85
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22821666 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
23521793 shares
CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
180579000 usd
CY2021Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
193915000 usd
us-gaap Revenues
Revenues
1876178000 usd
us-gaap Revenues
Revenues
1728741000 usd
us-gaap Gross Profit
GrossProfit
1091246000 usd
us-gaap Gross Profit
GrossProfit
1008600000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
87051000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
81875000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
477518000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
460797000 usd
us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
32969000 usd
us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
30102000 usd
us-gaap Interest Expense
InterestExpense
24103000 usd
us-gaap Interest Expense
InterestExpense
19910000 usd
us-gaap Restructuring Charges
RestructuringCharges
5781000 usd
us-gaap Restructuring Charges
RestructuringCharges
2069000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
5869000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1951000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
469693000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
415798000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
83622000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
81372000 usd
us-gaap Net Income Loss
NetIncomeLoss
386071000 usd
us-gaap Net Income Loss
NetIncomeLoss
334426000 usd
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
17.02
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
14.37
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22680353 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23277636 shares
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
16.84
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
14.17
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22928933 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
23603805 shares
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
358930000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
366759000 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
109449000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
98564000 usd
CY2022Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
626593000 usd
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
647335000 usd
CY2022Q2 us-gaap Inventory Net
InventoryNet
463321000 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
414543000 usd
CY2022Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
125338000 usd
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
108916000 usd
CY2022Q2 us-gaap Assets Current
AssetsCurrent
1324701000 usd
CY2021Q4 us-gaap Assets Current
AssetsCurrent
1269358000 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
760856000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
799365000 usd
CY2022Q2 us-gaap Goodwill
Goodwill
643449000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
648622000 usd
CY2022Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
298362000 usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
307450000 usd
CY2022Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
36999000 usd
CY2021Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
39496000 usd
CY2022Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
272063000 usd
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
262507000 usd
CY2022Q2 us-gaap Assets
Assets
3336430000 usd
CY2021Q4 us-gaap Assets
Assets
3326798000 usd
CY2022Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
267523000 usd
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
272911000 usd
CY2022Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
203319000 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
208811000 usd
CY2022Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
163650000 usd
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
236265000 usd
CY2022Q2 us-gaap Deferred Revenue
DeferredRevenue
215133000 usd
CY2021Q4 us-gaap Deferred Revenue
DeferredRevenue
192648000 usd
CY2022Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
162382000 usd
CY2021Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
134769000 usd
CY2022Q2 mtd Short Term Debt And Long Term Debt Current Maturities
ShortTermDebtAndLongTermDebtCurrentMaturities
106574000 usd
CY2021Q4 mtd Short Term Debt And Long Term Debt Current Maturities
ShortTermDebtAndLongTermDebtCurrentMaturities
101134000 usd
CY2022Q2 us-gaap Liabilities Current
LiabilitiesCurrent
1118581000 usd
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1146538000 usd
CY2022Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1821458000 usd
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1580808000 usd
CY2022Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
68578000 usd
CY2021Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
62230000 usd
CY2022Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
320551000 usd
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
365801000 usd
CY2022Q2 us-gaap Liabilities
Liabilities
3329168000 usd
CY2021Q4 us-gaap Liabilities
Liabilities
3155377000 usd
CY2022Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2021Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2022Q2 us-gaap Common Stock Value
CommonStockValue
448000 usd
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
448000 usd
CY2022Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
837690000 usd
CY2021Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
825974000 usd
CY2022Q2 us-gaap Treasury Stock Value
TreasuryStockValue
6791454000 usd
CY2021Q4 us-gaap Treasury Stock Value
TreasuryStockValue
6259049000 usd
CY2022Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
6242943000 usd
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
5859272000 usd
CY2022Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-282365000 usd
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-255224000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
7262000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
171421000 usd
CY2022Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3336430000 usd
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3326798000 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
282675000 usd
CY2020Q4 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
5049000 usd
CY2020Q4 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
262500000 usd
CY2020Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4575000 usd
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
149663000 usd
CY2020Q4 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
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
171421000 usd
CY2022Q1 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
5289000 usd
CY2022Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
275000000 usd
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4509000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
174001000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
4350000 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
84570000 usd
CY2022Q2 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
12421000 usd
CY2022Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
274999000 usd
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4691000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
212070000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-31491000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
7262000 usd
us-gaap Net Income Loss
NetIncomeLoss
386071000 usd
us-gaap Net Income Loss
NetIncomeLoss
334426000 usd
us-gaap Depreciation
Depreciation
23327000 usd
us-gaap Depreciation
Depreciation
22261000 usd
us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
32969000 usd
us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
30102000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3237000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-7423000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
9200000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
9156000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
4235000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
9551000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
70353000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
52794000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
15629000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
3893000 usd
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
4656000 usd
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
34045000 usd
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
31390000 usd
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
33598000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
84166000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-14485000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
309993000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
404412000 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
118000 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
3248000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
62391000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
47363000 usd
mtd Proceeds From Government Funding
ProceedsFromGovernmentFunding
25013000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
10765000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
185534000 usd
us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
-7372000 usd
us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
-3604000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-40653000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-226045000 usd
mtd Proceeds From Borrowings
ProceedsFromBorrowings
1239813000 usd
mtd Proceeds From Borrowings
ProceedsFromBorrowings
1204996000 usd
mtd Repayments Of Borrowings
RepaymentsOfBorrowings
952559000 usd
mtd Repayments Of Borrowings
RepaymentsOfBorrowings
866153000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
17710000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
7833000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
549999000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
474999000 usd
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
-7912000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-382000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-2288000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-253329000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-130611000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-5126000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
242000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
10885000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
47998000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
98564000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
94254000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
109449000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
142252000 usd
CY2022Q2 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
220958000 usd
CY2021Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
184624000 usd
CY2022Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
79311000 usd
CY2021Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
76019000 usd
CY2022Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
163052000 usd
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
153900000 usd
CY2022Q2 us-gaap Inventory Net
InventoryNet
463321000 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
414543000 usd
CY2022Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
452754000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
154392000 usd
CY2022Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
298362000 usd
CY2021Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
452946000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
145496000 usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
307450000 usd
CY2022Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
6600000 usd
CY2021Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
6200000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
13400000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10200000 usd
mtd Future Amortization Expense Current Year
FutureAmortizationExpenseCurrentYear
25800000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
25000000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
22900000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
22000000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
19800000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
18400000 usd
CY2022Q2 mtd Purchased Intangible Amortization Gross
PurchasedIntangibleAmortizationGross
6400000 usd
CY2022Q2 mtd Amortization Of Acquired Intangible Asset Net Of Tax
AmortizationOfAcquiredIntangibleAssetNetOfTax
4900000 usd
CY2021Q2 mtd Purchased Intangible Amortization Gross
PurchasedIntangibleAmortizationGross
5900000 usd
CY2021Q2 mtd Amortization Of Acquired Intangible Asset Net Of Tax
AmortizationOfAcquiredIntangibleAssetNetOfTax
4500000 usd
mtd Purchased Intangible Amortization Gross
PurchasedIntangibleAmortizationGross
13000000 usd
mtd Amortization Of Acquired Intangible Asset Net Of Tax
AmortizationOfAcquiredIntangibleAssetNetOfTax
10100000 usd
mtd Purchased Intangible Amortization Gross
PurchasedIntangibleAmortizationGross
9700000 usd
mtd Amortization Of Acquired Intangible Asset Net Of Tax
AmortizationOfAcquiredIntangibleAssetNetOfTax
7300000 usd
CY2022Q2 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
9700000 usd
CY2021Q2 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
10000000 usd
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
19400000 usd
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
19800000 usd
us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
6000000 usd
CY2022Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4700000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9200000 usd
CY2021Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4600000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9200000 usd
CY2022Q2 us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax
19100000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
978387000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
924351000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1876178000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1728741000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
978387000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
924351000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1876178000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1728741000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
978387000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
924351000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1876178000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1728741000 usd
CY2022Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
35300000 usd
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
32100000 usd
CY2021Q4 us-gaap Deferred Revenue
DeferredRevenue
192648000 usd
CY2020Q4 us-gaap Deferred Revenue
DeferredRevenue
149106000 usd
mtd Customerprepaymentsanddeferredrevenue
Customerprepaymentsanddeferredrevenue
377052000 usd
mtd Customerprepaymentsanddeferredrevenue
Customerprepaymentsanddeferredrevenue
323654000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-345070000 usd
CY2021Q2 us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax
5800000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-278817000 usd
us-gaap Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
-9497000 usd
us-gaap Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
-1744000 usd
CY2022Q2 us-gaap Deferred Revenue
DeferredRevenue
215133000 usd
CY2021Q1 us-gaap Deferred Revenue
DeferredRevenue
192199000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.196 rate
CY2022Q2 mtd Foreign Currency Cash Flow Hedge Short Term
ForeignCurrencyCashFlowHedgeShortTerm
1687000 usd
CY2021Q4 mtd Foreign Currency Cash Flow Hedge Short Term
ForeignCurrencyCashFlowHedgeShortTerm
0 usd
CY2022Q2 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
19200000 usd
CY2021Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
18500000 usd
CY2022Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.174 rate
CY2021Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.198 rate
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.178
mtd Annual Effective Tax Ratebeforerecurringdiscretetaxitems
AnnualEffectiveTaxRatebeforerecurringdiscretetaxitems
0.190 rate
mtd Annual Effective Tax Ratebeforerecurringdiscretetaxitems
AnnualEffectiveTaxRatebeforerecurringdiscretetaxitems
0.195 rate
CY2022Q2 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
3887000 usd
CY2022Q2 us-gaap Senior Notes
SeniorNotes
1152466000 usd
CY2022Q2 us-gaap Line Of Credit Facility Fair Value Of Amount Outstanding
LineOfCreditFacilityFairValueOfAmountOutstanding
716000000 usd
CY2022Q2 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
1928032000 usd
CY2022Q2 us-gaap Debt Current
DebtCurrent
106574000 usd
CY2022Q2 us-gaap Long Term Debt
LongTermDebt
1821458000 usd
CY2022Q2 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
528000000 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
109400000 usd
us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax
30400000 usd
us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax
11800000 usd
CY2022Q2 mtd Cumulativegainlossinotherothercomprehensiveincomerelatedtothechangeinanetinvestmenthedge.
Cumulativegainlossinotherothercomprehensiveincomerelatedtothechangeinanetinvestmenthedge.
35900000 usd
CY2022Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
1500000000 usd
CY2022Q2 mtd Shares Repurchased Under Share Repurchase Program
SharesRepurchasedUnderShareRepurchaseProgram
30600000 shares
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
550000000 usd
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
475000000 usd
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
408901 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
390538 shares
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
1345.05
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
1216.25
mtd Exercise Of Stock Options And Restricted Stock Units Shares Treasury Stock Reissued
ExerciseOfStockOptionsAndRestrictedStockUnitsSharesTreasuryStockReissued
72408 shares
mtd Exercise Of Stock Options And Restricted Stock Units Shares Treasury Stock Reissued
ExerciseOfStockOptionsAndRestrictedStockUnitsSharesTreasuryStockReissued
35636 shares
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
212070000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
184763000 usd
us-gaap Net Income Loss
NetIncomeLoss
386071000 usd
us-gaap Net Income Loss
NetIncomeLoss
334426000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-31491000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
9152000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-27141000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
32333000 usd
CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
180579000 usd
CY2021Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
193915000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
358930000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
366759000 usd
CY2022Q2 us-gaap Unrealized Gain Loss On Foreign Currency Derivatives Net Before Tax
UnrealizedGainLossOnForeignCurrencyDerivativesNetBeforeTax
5735000 usd
CY2021Q2 us-gaap Unrealized Gain Loss On Foreign Currency Derivatives Net Before Tax
UnrealizedGainLossOnForeignCurrencyDerivativesNetBeforeTax
-3419000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
-1090000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
684000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
4645000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-2735000 usd
CY2022Q2 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
4222000 usd
CY2021Q2 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
6482000 usd
CY2022Q2 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
908000 usd
CY2021Q2 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
1367000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
3314000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
5115000 usd
us-gaap Unrealized Gain Loss On Foreign Currency Derivatives Net Before Tax
UnrealizedGainLossOnForeignCurrencyDerivativesNetBeforeTax
10179000 usd
us-gaap Unrealized Gain Loss On Foreign Currency Derivatives Net Before Tax
UnrealizedGainLossOnForeignCurrencyDerivativesNetBeforeTax
5758000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
-1911000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
-1026000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
8268000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
4732000 usd
us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
8615000 usd
us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
13011000 usd
us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
1852000 usd
us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
2744000 usd
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
6763000 usd
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
10267000 usd
CY2022Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
228291 shares
CY2021Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
330638 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
248580 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
326169 shares
CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
39156 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
38465 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
23620 shares
CY2022Q2 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
5191000 usd
CY2021Q2 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
5281000 usd
CY2022Q2 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
2169000 usd
CY2021Q2 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1409000 usd
CY2022Q2 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
10570000 usd
CY2021Q2 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
10398000 usd
CY2022Q2 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
-1064000 usd
CY2021Q2 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
-484000 usd
CY2022Q2 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-5286000 usd
CY2021Q2 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-6966000 usd
CY2022Q2 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
1012000 usd
CY2021Q2 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
2774000 usd
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
10597000 usd
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
10600000 usd
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
4405000 usd
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
2810000 usd
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
21541000 usd
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
20863000 usd
us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
-2178000 usd
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
500000 usd
us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
-974000 usd
us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-10793000 usd
us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-13985000 usd
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
2076000 usd
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
5558000 usd
CY2022Q2 mtd Non Service Pension Costs Benefits
NonServicePensionCostsBenefits
4200000 usd
CY2021Q2 mtd Non Service Pension Costs Benefits
NonServicePensionCostsBenefits
2500000 usd
mtd Non Service Pension Costs Benefits
NonServicePensionCostsBenefits
8500000 usd
mtd Non Service Pension Costs Benefits
NonServicePensionCostsBenefits
5000000 usd
CY2022Q2 us-gaap Revenues
Revenues
978387000 usd
CY2022Q2 mtd Revenue Transactions With Other Operating Segments
RevenueTransactionsWithOtherOperatingSegments
0 usd
CY2022Q2 mtd Net Sales
NetSales
978387000 usd
CY2022Q2 mtd Segment Profit Information
SegmentProfitInformation
285432000 usd
CY2022Q2 us-gaap Goodwill
Goodwill
643449000 usd
us-gaap Revenues
Revenues
1876178000 usd
mtd Revenue Transactions With Other Operating Segments
RevenueTransactionsWithOtherOperatingSegments
0 usd
mtd Net Sales
NetSales
1876178000 usd
mtd Segment Profit Information
SegmentProfitInformation
526677000 usd
CY2021Q2 us-gaap Revenues
Revenues
924351000 usd
CY2021Q2 mtd Revenue Transactions With Other Operating Segments
RevenueTransactionsWithOtherOperatingSegments
0 usd
CY2021Q2 mtd Net Sales
NetSales
924351000 usd
CY2021Q2 mtd Segment Profit Information
SegmentProfitInformation
255256000 usd
CY2020Q3 us-gaap Goodwill
Goodwill
642186000 usd
us-gaap Revenues
Revenues
1728741000 usd
mtd Revenue Transactions With Other Operating Segments
RevenueTransactionsWithOtherOperatingSegments
0 usd
mtd Net Sales
NetSales
1728741000 usd
mtd Segment Profit Information
SegmentProfitInformation
465928000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
256692000 usd
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
230384000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
469693000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
415798000 usd
CY2022Q2 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
16365000 usd
CY2021Q2 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
16218000 usd
us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
32969000 usd
us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
30102000 usd
CY2022Q2 us-gaap Interest Expense
InterestExpense
12765000 usd
CY2021Q2 us-gaap Interest Expense
InterestExpense
10439000 usd
us-gaap Interest Expense
InterestExpense
24103000 usd
us-gaap Interest Expense
InterestExpense
19910000 usd
CY2022Q2 us-gaap Restructuring Charges
RestructuringCharges
1770000 usd
mtd Segment Profit Information
SegmentProfitInformation
465928000 usd
CY2021Q2 us-gaap Restructuring Charges
RestructuringCharges
876000 usd
us-gaap Restructuring Charges
RestructuringCharges
5781000 usd
us-gaap Restructuring Charges
RestructuringCharges
2069000 usd
CY2022Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2160000 usd
CY2021Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2661000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
5869000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1951000 usd
CY2022Q2 mtd Segment Profit Information
SegmentProfitInformation
285432000 usd
CY2021Q2 mtd Segment Profit Information
SegmentProfitInformation
255256000 usd
mtd Segment Profit Information
SegmentProfitInformation
526677000 usd

Files In Submission

Name View Source Status
0001037646-22-000025-index-headers.html Edgar Link pending
0001037646-22-000025-index.html Edgar Link pending
0001037646-22-000025.txt Edgar Link pending
0001037646-22-000025-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
mtd-20220630.htm Edgar Link pending
mtd-20220630.xsd Edgar Link pending
mtd-20220630_cal.xml Edgar Link unprocessable
mtd-20220630_def.xml Edgar Link unprocessable
mtd-20220630_htm.xml Edgar Link completed
mtd-20220630_lab.xml Edgar Link unprocessable
mtd-20220630_pre.xml Edgar Link unprocessable
mtdexhibit3116302022.htm Edgar Link pending
mtdexhibit3126302022.htm Edgar Link pending
mtdexhibit326302022.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
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
R9999.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending