2023 Q1 Form 10-Q Financial Statement

#000103764623000012 Filed on May 05, 2023

View on sec.gov

Income Statement

Concept 2023 Q1
Revenue $928.7M
YoY Change 3.45%
Cost Of Revenue $382.2M
YoY Change 1.05%
Gross Profit $546.6M
YoY Change 5.19%
Gross Profit Margin 58.85%
Selling, General & Admin $234.6M
YoY Change -0.29%
% of Gross Profit 42.93%
Research & Development $45.48M
YoY Change 5.69%
% of Gross Profit 8.32%
Depreciation & Amortization $12.02M
YoY Change 1.2%
% of Gross Profit 2.2%
Operating Expenses $280.1M
YoY Change 0.64%
Operating Profit $266.5M
YoY Change 10.45%
Interest Expense $18.18M
YoY Change 60.38%
% of Operating Profit 6.82%
Other Income/Expense, Net $396.0K
YoY Change -89.32%
Pretax Income $226.6M
YoY Change 6.39%
Income Tax $38.18M
% Of Pretax Income 16.85%
Net Earnings $188.4M
YoY Change 8.29%
Net Earnings / Revenue 20.29%
Basic Earnings Per Share $8.53
Diluted Earnings Per Share $8.47
COMMON SHARES
Basic Shares Outstanding 22.11M shares
Diluted Shares Outstanding 22.25M shares

Balance Sheet

Concept 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $89.09M
YoY Change -23.83%
Cash & Equivalents $89.09M
Short-Term Investments
Other Short-Term Assets $130.1M
YoY Change 1.18%
Inventory $427.5M
Prepaid Expenses
Receivables $640.1M
Other Receivables $0.00
Total Short-Term Assets $1.287B
YoY Change -1.76%
LONG-TERM ASSETS
Property, Plant & Equipment $780.0M
YoY Change -0.95%
Goodwill $661.7M
YoY Change 1.79%
Intangibles $300.1M
YoY Change -1.62%
Long-Term Investments
YoY Change
Other Assets $353.1M
YoY Change 33.41%
Total Long-Term Assets $2.123B
YoY Change 3.76%
TOTAL ASSETS
Total Short-Term Assets $1.287B
Total Long-Term Assets $2.123B
Total Assets $3.410B
YoY Change 1.6%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $176.7M
YoY Change -31.86%
Accrued Expenses $189.3M
YoY Change -11.76%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $107.1M
YoY Change 1.78%
Total Short-Term Liabilities $1.004B
YoY Change -7.65%
LONG-TERM LIABILITIES
Long-Term Debt $2.016B
YoY Change 14.09%
Other Long-Term Liabilities $301.0M
YoY Change -14.55%
Total Long-Term Liabilities $2.317B
YoY Change 9.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.004B
Total Long-Term Liabilities $2.317B
Total Liabilities $3.434B
YoY Change 4.98%
SHAREHOLDERS EQUITY
Retained Earnings $6.913B
YoY Change 14.62%
Common Stock $856.1M
YoY Change 2.91%
Preferred Stock
YoY Change
Treasury Stock (at cost) $7.565B
YoY Change 15.89%
Treasury Stock Shares
Shareholders Equity -$24.47M
YoY Change
Total Liabilities & Shareholders Equity $3.410B
YoY Change 1.6%

Cashflow Statement

Concept 2023 Q1
OPERATING ACTIVITIES
Net Income $188.4M
YoY Change 8.29%
Depreciation, Depletion And Amortization $12.02M
YoY Change 1.2%
Cash From Operating Activities $153.3M
YoY Change 68.72%
INVESTING ACTIVITIES
Capital Expenditures $23.20M
YoY Change 21.12%
Acquisitions $613.0K
YoY Change -93.68%
Other Investing Activities $810.0K
YoY Change -93.27%
Cash From Investing Activities -$22.39M
YoY Change 214.76%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$137.6M
YoY Change 113.44%
NET CHANGE
Cash From Operating Activities $153.3M
Cash From Investing Activities -$22.39M
Cash From Financing Activities -$137.6M
Net Change In Cash -$6.881M
YoY Change -137.43%
FREE CASH FLOW
Cash From Operating Activities $153.3M
Capital Expenditures $23.20M
Free Cash Flow $130.1M
YoY Change 81.44%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001037646
CY2023Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
CY2023Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2023Q1 dei Amendment Flag
AmendmentFlag
false
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
23098000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
22427000 usd
CY2023Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2023Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
125000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
125000000 shares
CY2023Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
44786011 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
44786011 shares
CY2023Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
22680305 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
22139009 shares
CY2023Q1 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
22105706 shares
CY2022Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
22647002 shares
CY2023Q1 us-gaap Revenue Practical Expedient Remaining Performance Obligation
RevenuePracticalExpedientRemainingPerformanceObligation
true
CY2023Q1 dei Document Type
DocumentType
10-Q
CY2023Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2023Q1 dei Entity File Number
EntityFileNumber
1-13595
CY2023Q1 dei Entity Registrant Name
EntityRegistrantName
Mettler Toledo International Inc
CY2023Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2023Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
13-3668641
CY2023Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
1900 Polaris Parkway
CY2023Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Columbus
CY2023Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
OH
CY2023Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
43240
CY2023Q1 dei City Area Code
CityAreaCode
614
CY2023Q1 dei Local Phone Number
LocalPhoneNumber
438-4511
CY2023Q1 dei Security12b Title
Security12bTitle
Common Stock, $0.01 par value
CY2023Q1 dei Trading Symbol
TradingSymbol
MTD
CY2023Q1 dei Security Exchange Name
SecurityExchangeName
NYSE
CY2023Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2023Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2023Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2023Q1 dei Entity Small Business
EntitySmallBusiness
false
CY2023Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2023Q1 dei Entity Shell Company
EntityShellCompany
false
CY2023Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
22020230 shares
CY2023Q1 us-gaap Revenues
Revenues
928738000 usd
CY2022Q1 us-gaap Revenues
Revenues
897791000 usd
CY2023Q1 us-gaap Gross Profit
GrossProfit
546566000 usd
CY2022Q1 us-gaap Gross Profit
GrossProfit
519585000 usd
CY2023Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
45477000 usd
CY2022Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
43028000 usd
CY2023Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
234638000 usd
CY2022Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
235312000 usd
CY2023Q1 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
17779000 usd
CY2022Q1 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
16604000 usd
CY2023Q1 us-gaap Interest Expense
InterestExpense
18184000 usd
CY2022Q1 us-gaap Interest Expense
InterestExpense
11338000 usd
CY2023Q1 us-gaap Restructuring Charges
RestructuringCharges
4274000 usd
CY2022Q1 us-gaap Restructuring Charges
RestructuringCharges
4011000 usd
CY2023Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
396000 usd
CY2022Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3709000 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
226610000 usd
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
213001000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
38184000 usd
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
39000000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
188426000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
174001000 usd
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
8.53
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
7.64
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22083456 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22768298 shares
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
8.47
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
7.55
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22253435 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
23040231 shares
CY2023Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
187143000 usd
CY2022Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
178351000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
89085000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
95966000 usd
CY2023Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
640050000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
709321000 usd
CY2023Q1 us-gaap Inventory Net
InventoryNet
427549000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
441694000 usd
CY2023Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
130083000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
128108000 usd
CY2023Q1 us-gaap Assets Current
AssetsCurrent
1286767000 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
1375089000 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
780013000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
778600000 usd
CY2023Q1 us-gaap Goodwill
Goodwill
661742000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
660170000 usd
CY2023Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
300134000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
306054000 usd
CY2023Q1 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
28116000 usd
CY2022Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
27080000 usd
CY2023Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
353135000 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
345402000 usd
CY2023Q1 us-gaap Assets
Assets
3409907000 usd
CY2022Q4 us-gaap Assets
Assets
3492395000 usd
CY2023Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
176733000 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
252538000 usd
CY2023Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
189324000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
205253000 usd
CY2023Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
131189000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
200031000 usd
CY2023Q1 us-gaap Deferred Revenue
DeferredRevenue
211302000 usd
CY2022Q4 us-gaap Deferred Revenue
DeferredRevenue
192759000 usd
CY2023Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
188570000 usd
CY2022Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
191096000 usd
CY2023Q1 mtd Short Term Debt And Long Term Debt Current Maturities
ShortTermDebtAndLongTermDebtCurrentMaturities
107131000 usd
CY2022Q4 mtd Short Term Debt And Long Term Debt Current Maturities
ShortTermDebtAndLongTermDebtCurrentMaturities
106054000 usd
CY2023Q1 us-gaap Liabilities Current
LiabilitiesCurrent
1004249000 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1147731000 usd
CY2023Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2015779000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1908480000 usd
CY2023Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
113397000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
111360000 usd
CY2023Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
300951000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
300031000 usd
CY2023Q1 us-gaap Liabilities
Liabilities
3434376000 usd
CY2022Q4 us-gaap Liabilities
Liabilities
3467602000 usd
CY2023Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2022Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2023Q1 us-gaap Common Stock Value
CommonStockValue
448000 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
448000 usd
CY2023Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
855673000 usd
CY2022Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
850368000 usd
CY2023Q1 us-gaap Treasury Stock Value
TreasuryStockValue
7564841000 usd
CY2022Q4 us-gaap Treasury Stock Value
TreasuryStockValue
7325656000 usd
CY2023Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
6912767000 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
6726866000 usd
CY2023Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-228516000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-227233000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
-24469000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
24793000 usd
CY2023Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3409907000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3492395000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
171421000 usd
CY2022Q1 mtd Sharebasedcompensationexercisevalue
Sharebasedcompensationexercisevalue
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
CY2022Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
850368000 usd
CY2022Q4 us-gaap Treasury Stock Value
TreasuryStockValue
7325656000 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
6726866000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-227233000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
24793000 usd
CY2023Q1 mtd Sharebasedcompensationexercisevalue
Sharebasedcompensationexercisevalue
11473000 usd
CY2023Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
249999000 usd
CY2023Q1 us-gaap Sales And Excise Tax Payable Current And Noncurrent
SalesAndExciseTaxPayableCurrentAndNoncurrent
-1906000 usd
CY2023Q1 us-gaap Sales And Excise Tax Payable Current And Noncurrent
SalesAndExciseTaxPayableCurrentAndNoncurrent
-1906000 usd
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4027000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
188426000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1283000 usd
CY2023Q1 us-gaap Common Stock Value
CommonStockValue
448000 usd
CY2023Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
855673000 usd
CY2023Q1 us-gaap Treasury Stock Value
TreasuryStockValue
7564841000 usd
CY2023Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
6912767000 usd
CY2023Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-228516000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
-24469000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
188426000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
174001000 usd
CY2023Q1 us-gaap Depreciation
Depreciation
12023000 usd
CY2022Q1 us-gaap Depreciation
Depreciation
11880000 usd
CY2023Q1 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
17779000 usd
CY2022Q1 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
16604000 usd
CY2023Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
602000 usd
CY2022Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1096000 usd
CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
4027000 usd
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
4509000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-72109000 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-23293000 usd
CY2023Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-15559000 usd
CY2022Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
37643000 usd
CY2023Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
3720000 usd
CY2022Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
15031000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-71941000 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-15396000 usd
CY2023Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-3752000 usd
CY2022Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
16308000 usd
CY2023Q1 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-77850000 usd
CY2022Q1 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-86592000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
153262000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
90837000 usd
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
23196000 usd
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
19151000 usd
CY2023Q1 mtd Proceeds From Government Funding
ProceedsFromGovernmentFunding
0 usd
CY2023Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
613000 usd
CY2022Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
9704000 usd
CY2023Q1 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
-1423000 usd
CY2022Q1 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
-3743000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-22386000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-7112000 usd
CY2023Q1 mtd Proceeds From Borrowings
ProceedsFromBorrowings
605018000 usd
CY2022Q1 mtd Proceeds From Borrowings
ProceedsFromBorrowings
684037000 usd
CY2023Q1 mtd Repayments Of Borrowings
RepaymentsOfBorrowings
503516000 usd
CY2022Q1 mtd Repayments Of Borrowings
RepaymentsOfBorrowings
478479000 usd
CY2023Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
11473000 usd
CY2022Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
5289000 usd
CY2023Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
249999000 usd
CY2022Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
275000000 usd
CY2023Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-611000 usd
CY2022Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-332000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-137635000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-64485000 usd
CY2023Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-122000 usd
CY2022Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-855000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-6881000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
18385000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
95966000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
98564000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
89085000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
116949000 usd
CY2023Q1 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
215534000 usd
CY2022Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
222170000 usd
CY2023Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
78650000 usd
CY2022Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
77848000 usd
CY2023Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
133365000 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
141676000 usd
CY2023Q1 us-gaap Inventory Net
InventoryNet
427549000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
441694000 usd
CY2023Q1 mtd Intangible Assets Excluding Goodwill Gross
IntangibleAssetsExcludingGoodwillGross
474229000 usd
CY2023Q1 mtd Intangible Assets Accumulated Amortization
IntangibleAssetsAccumulatedAmortization
174095000 usd
CY2023Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
300134000 usd
CY2022Q4 mtd Intangible Assets Excluding Goodwill Gross
IntangibleAssetsExcludingGoodwillGross
473534000 usd
CY2022Q4 mtd Intangible Assets Accumulated Amortization
IntangibleAssetsAccumulatedAmortization
167480000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
306054000 usd
CY2023Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
6900000 usd
CY2022Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
6800000 usd
CY2023Q1 mtd Future Amortization Expense Current Year
FutureAmortizationExpenseCurrentYear
26300000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
25800000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
25000000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
21100000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
19700000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
18900000 usd
CY2023Q1 mtd Purchased Intangible Amortization Gross
PurchasedIntangibleAmortizationGross
6600000 usd
CY2023Q1 mtd Amortization Of Acquired Intangible Asset Net Of Tax
AmortizationOfAcquiredIntangibleAssetNetOfTax
5100000 usd
CY2023Q1 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
10800000 usd
CY2022Q1 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
9700000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
928738000 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
897791000 usd
CY2023Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4000000 usd
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4500000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
928738000 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
897791000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
928738000 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
897791000 usd
CY2023Q1 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
34400000 usd
CY2022Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
29200000 usd
CY2022Q4 us-gaap Deferred Revenue
DeferredRevenue
192759000 usd
CY2021Q4 us-gaap Deferred Revenue
DeferredRevenue
192648000 usd
CY2023Q1 mtd Customerprepaymentsdeferredrevenue
Customerprepaymentsdeferredrevenue
190262000 usd
CY2022Q1 mtd Customerprepaymentsdeferredrevenue
Customerprepaymentsdeferredrevenue
182539000 usd
CY2023Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-172890000 usd
CY2022Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-156141000 usd
CY2023Q1 us-gaap Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
1171000 usd
CY2022Q1 us-gaap Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
-3366000 usd
CY2023Q1 us-gaap Deferred Revenue
DeferredRevenue
211302000 usd
CY2022Q1 us-gaap Deferred Revenue
DeferredRevenue
215680000 usd
CY2023Q1 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
3500000 usd
CY2022 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
1500000 usd
CY2023Q1 us-gaap Derivative Assets
DerivativeAssets
11600000 usd
CY2022Q4 us-gaap Derivative Assets
DerivativeAssets
11500000 usd
CY2023Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
6900000 usd
CY2022Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
5400000 usd
CY2023Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.169 rate
CY2022Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.183 rate
CY2023Q1 mtd Annual Effective Tax Ratebeforerecurringdiscretetaxitems
AnnualEffectiveTaxRatebeforerecurringdiscretetaxitems
0.185 rate
CY2022Q1 mtd Annual Effective Tax Ratebeforerecurringdiscretetaxitems
AnnualEffectiveTaxRatebeforerecurringdiscretetaxitems
0.190 rate
CY2023Q1 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
4406000 usd
CY2023Q1 us-gaap Senior Notes
SeniorNotes
1412983000 usd
CY2023Q1 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
2122910000 usd
CY2023Q1 mtd Short Term Debt And Long Term Debt Current Maturities
ShortTermDebtAndLongTermDebtCurrentMaturities
107131000 usd
CY2023Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2015779000 usd
CY2023Q1 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
595.1 usd
CY2023Q1 us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax
5300000 usd
CY2022 us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax
11300000 usd
CY2023Q1 mtd Cumulativegainlossinotherothercomprehensiveincomerelatedtothechangeinanetinvestmenthedge.
Cumulativegainlossinotherothercomprehensiveincomerelatedtothechangeinanetinvestmenthedge.
24800000 usd
CY2023Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
3200000000 usd
CY2023Q1 mtd Shares Repurchased Under Share Repurchase Program
SharesRepurchasedUnderShareRepurchaseProgram
31200000 shares
CY2023Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
250000000 usd
CY2022Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
275000000 usd
CY2023Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
166628 shares
CY2022Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
190593 shares
CY2023Q1 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
1511.78
CY2022Q1 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
1442.84
CY2023Q1 mtd Exercise Of Stock Options And Restricted Stock Units Shares Treasury Stock Reissued
ExerciseOfStockOptionsAndRestrictedStockUnitsSharesTreasuryStockReissued
47849 shares
CY2022Q1 mtd Exercise Of Stock Options And Restricted Stock Units Shares Treasury Stock Reissued
ExerciseOfStockOptionsAndRestrictedStockUnitsSharesTreasuryStockReissued
27795 shares
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
188426000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
174001000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1283000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
4350000 usd
CY2023Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
187143000 usd
CY2022Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
178351000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-82864000 usd
CY2022Q4 us-gaap Aoci Loss Cash Flow Hedge Cumulative Gain Loss After Tax
AociLossCashFlowHedgeCumulativeGainLossAfterTax
4256000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
-148625000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-227233000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
19000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
19000 usd
CY2023Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-893000 usd
CY2023Q1 mtd Foreign Currency Translation Adjustment Defined Benefit Plan Net Of Tax
ForeignCurrencyTranslationAdjustmentDefinedBenefitPlanNetOfTax
-728000 usd
CY2023Q1 mtd Foreign Currency Translation Adjustment Including Defined Benefit Plan Foreign Currency Adjustment Net Of Tax
ForeignCurrencyTranslationAdjustmentIncludingDefinedBenefitPlanForeignCurrencyAdjustmentNetOfTax
-1621000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-1259000 usd
CY2023Q1 mtd Amounts Recognized From Accumulated Other Comprehensive Income Loss Defined Benefit Plan Net Of Tax
AmountsRecognizedFromAccumulatedOtherComprehensiveIncomeLossDefinedBenefitPlanNetOfTax
1578000 usd
CY2023Q1 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
319000 usd
CY2023Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-893000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-1240000 usd
CY2023Q1 mtd Amount Recognized From Accumulated Other Comprehensive Income Defined Benefit Plan Net Of Foreign Currency Adjustment Net Of Tax
AmountRecognizedFromAccumulatedOtherComprehensiveIncomeDefinedBenefitPlanNetOfForeignCurrencyAdjustmentNetOfTax
850000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1283000 usd
CY2023Q1 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-83757000 usd
CY2023Q1 us-gaap Aoci Loss Cash Flow Hedge Cumulative Gain Loss After Tax
AociLossCashFlowHedgeCumulativeGainLossAfterTax
3016000 usd
CY2023Q1 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
-147775000 usd
CY2023Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-228516000 usd
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-19566000 usd
CY2021Q4 us-gaap Aoci Loss Cash Flow Hedge Cumulative Gain Loss After Tax
AociLossCashFlowHedgeCumulativeGainLossAfterTax
2000 usd
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
-235660000 usd
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-255224000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
3961000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
3961000 usd
CY2022 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
5342000 usd
CY2022 mtd Foreign Currency Translation Adjustment Defined Benefit Plan Net Of Tax
ForeignCurrencyTranslationAdjustmentDefinedBenefitPlanNetOfTax
-4779000 usd
CY2022 mtd Foreign Currency Translation Adjustment Including Defined Benefit Plan Foreign Currency Adjustment Net Of Tax
ForeignCurrencyTranslationAdjustmentIncludingDefinedBenefitPlanForeignCurrencyAdjustmentNetOfTax
563000 usd
CY2022 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-3623000 usd
CY2022 mtd Amounts Recognized From Accumulated Other Comprehensive Income Loss Defined Benefit Plan Net Of Tax
AmountsRecognizedFromAccumulatedOtherComprehensiveIncomeLossDefinedBenefitPlanNetOfTax
3449000 usd
CY2022 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-174000 usd
CY2022 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
5342000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
338000 usd
CY2022 mtd Amount Recognized From Accumulated Other Comprehensive Income Defined Benefit Plan Net Of Foreign Currency Adjustment Net Of Tax
AmountRecognizedFromAccumulatedOtherComprehensiveIncomeDefinedBenefitPlanNetOfForeignCurrencyAdjustmentNetOfTax
-1330000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
4350000 usd
CY2022Q1 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-14224000 usd
CY2022Q1 us-gaap Aoci Loss Cash Flow Hedge Cumulative Gain Loss After Tax
AociLossCashFlowHedgeCumulativeGainLossAfterTax
340000 usd
CY2022Q1 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
-236990000 usd
CY2022Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-250874000 usd
CY2023Q1 us-gaap Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
0 usd
CY2022 us-gaap Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
352000 usd
CY2023Q1 us-gaap Foreign Currency Cash Flow Hedge Gain Loss Reclassified To Earnings Net
ForeignCurrencyCashFlowHedgeGainLossReclassifiedToEarningsNet
-1554000 usd
CY2022 us-gaap Foreign Currency Cash Flow Hedge Gain Loss Reclassified To Earnings Net
ForeignCurrencyCashFlowHedgeGainLossReclassifiedToEarningsNet
-4797000 usd
CY2023Q1 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-1554000 usd
CY2022 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-4445000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
-295000 usd
CY2022 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
-822000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-1259000 usd
CY2022 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-3623000 usd
CY2023Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
2002000 usd
CY2022 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
4393000 usd
CY2023Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
424000 usd
CY2022 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
944000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
1578000 usd
CY2022 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
3449000 usd
CY2023Q1 mtd Cross Currency Swap Revaluation Portion Recognizedin Earnings
CrossCurrencySwapRevaluationPortionRecognizedinEarnings
1100000 usd
CY2023Q1 mtd Cross Currency Swapinterestportionrecognizedinincome
CrossCurrencySwapinterestportionrecognizedinincome
2600000 usd
CY2023Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
169979 shares
CY2022Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
271933 shares
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
35063 shares
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
29296 shares
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
213001000 usd
CY2023Q1 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
3685000 usd
CY2022Q1 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
5406000 usd
CY2023Q1 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
6139000 usd
CY2022Q1 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
2235000 usd
CY2023Q1 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
9950000 usd
CY2022Q1 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
10971000 usd
CY2023Q1 mtd Defined Benefits Plan Net Amortization And Deferral
DefinedBenefitsPlanNetAmortizationAndDeferral
1069000 usd
CY2022Q1 mtd Defined Benefits Plan Net Amortization And Deferral
DefinedBenefitsPlanNetAmortizationAndDeferral
1095000 usd
CY2023Q1 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-3085000 usd
CY2022Q1 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-5488000 usd
CY2023Q1 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
1890000 usd
CY2022Q1 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
1063000 usd
CY2023Q1 mtd Impactof Adopting Asu201707 Asc715 Compensation Retirement Benefits
ImpactofAdoptingASU201707ASC715CompensationRetirementBenefits
1800000 usd
CY2022Q1 mtd Impactof Adopting Asu201707 Asc715 Compensation Retirement Benefits
ImpactofAdoptingASU201707ASC715CompensationRetirementBenefits
4300000 usd
CY2022Q1 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
500000 usd
CY2023Q1 us-gaap Revenues
Revenues
928738000 usd
CY2023Q1 mtd Revenue Transactions With Other Operating Segments
RevenueTransactionsWithOtherOperatingSegments
0 usd
CY2023Q1 mtd Net Sales
NetSales
928738000 usd
CY2023Q1 mtd Segment Profit Information
SegmentProfitInformation
266451000 usd
CY2023Q1 us-gaap Goodwill
Goodwill
661742000 usd
CY2022Q1 us-gaap Revenues
Revenues
897791000 usd
CY2022Q1 mtd Revenue Transactions With Other Operating Segments
RevenueTransactionsWithOtherOperatingSegments
0 usd
CY2022Q1 mtd Net Sales
NetSales
897791000 usd
CY2022Q1 mtd Segment Profit Information
SegmentProfitInformation
241245000 usd
CY2022Q1 us-gaap Goodwill
Goodwill
650118000 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
226610000 usd
CY2023Q1 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
17779000 usd
CY2022Q1 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
16604000 usd
CY2023Q1 us-gaap Interest Expense
InterestExpense
18184000 usd
CY2022Q1 us-gaap Interest Expense
InterestExpense
11338000 usd
CY2023Q1 us-gaap Restructuring Charges
RestructuringCharges
4274000 usd
CY2022Q1 us-gaap Restructuring Charges
RestructuringCharges
4011000 usd
CY2023Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
396000 usd
CY2022Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3709000 usd
CY2023Q1 mtd Segment Profit Information
SegmentProfitInformation
266451000 usd
CY2022Q1 mtd Segment Profit Information
SegmentProfitInformation
241245000 usd

Files In Submission

Name View Source Status
0001037646-23-000012-index-headers.html Edgar Link pending
0001037646-23-000012-index.html Edgar Link pending
0001037646-23-000012.txt Edgar Link pending
0001037646-23-000012-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
mtd-20230331.htm Edgar Link pending
mtd-20230331.xsd Edgar Link pending
mtdexhibit3113312023.htm Edgar Link pending
mtdexhibit3123312023.htm Edgar Link pending
mtdexhibit323312023.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
FilingSummary.xml Edgar Link unprocessable
mtd-20230331_def.xml Edgar Link unprocessable
mtd-20230331_pre.xml Edgar Link unprocessable
mtd-20230331_lab.xml Edgar Link unprocessable
mtd-20230331_htm.xml Edgar Link completed
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
report.css Edgar Link pending
Show.js Edgar Link pending
mtd-20230331_cal.xml Edgar Link unprocessable