2023 Q3 Form 10-Q Financial Statement
#000172063523000057 Filed on October 27, 2023
Income Statement
Concept | 2023 Q3 |
---|---|
Revenue | $858.8M |
YoY Change | 15.24% |
Cost Of Revenue | $505.6M |
YoY Change | 11.07% |
Gross Profit | $353.2M |
YoY Change | 21.79% |
Gross Profit Margin | 41.13% |
Selling, General & Admin | $178.7M |
YoY Change | 15.44% |
% of Gross Profit | 50.59% |
Research & Development | $18.30M |
YoY Change | 24.49% |
% of Gross Profit | 5.18% |
Depreciation & Amortization | $38.70M |
YoY Change | 34.38% |
% of Gross Profit | 10.96% |
Operating Expenses | $197.0M |
YoY Change | 16.22% |
Operating Profit | $156.2M |
YoY Change | 29.63% |
Interest Expense | -$25.50M |
YoY Change | 214.81% |
% of Operating Profit | -16.33% |
Other Income/Expense, Net | -$1.400M |
YoY Change | 180.0% |
Pretax Income | $129.3M |
YoY Change | 15.55% |
Income Tax | $23.80M |
% Of Pretax Income | 18.41% |
Net Earnings | $105.5M |
YoY Change | 12.96% |
Net Earnings / Revenue | 12.28% |
Basic Earnings Per Share | $0.64 |
Diluted Earnings Per Share | $0.63 |
COMMON SHARES | |
Basic Shares Outstanding | 165.8M shares |
Diluted Shares Outstanding | 168.6M shares |
Balance Sheet
Concept | 2023 Q3 |
---|---|
SHORT-TERM ASSETS | |
Cash & Short-Term Investments | $113.3M |
YoY Change | -41.6% |
Cash & Equivalents | $113.3M |
Short-Term Investments | |
Other Short-Term Assets | $130.8M |
YoY Change | -13.38% |
Inventory | $464.9M |
Prepaid Expenses | |
Receivables | $635.1M |
Other Receivables | $0.00 |
Total Short-Term Assets | $1.300B |
YoY Change | 7.18% |
LONG-TERM ASSETS | |
Property, Plant & Equipment | $371.9M |
YoY Change | 36.73% |
Goodwill | $2.560B |
YoY Change | 18.03% |
Intangibles | $1.538B |
YoY Change | 42.4% |
Long-Term Investments | |
YoY Change | |
Other Assets | $155.7M |
YoY Change | 9.57% |
Total Long-Term Assets | $4.626B |
YoY Change | 26.28% |
TOTAL ASSETS | |
Total Short-Term Assets | $1.300B |
Total Long-Term Assets | $4.626B |
Total Assets | $5.926B |
YoY Change | 21.53% |
SHORT-TERM LIABILITIES | |
YoY Change | |
Accounts Payable | $243.4M |
YoY Change | -5.99% |
Accrued Expenses | $241.0M |
YoY Change | 134.44% |
Deferred Revenue | |
YoY Change | |
Short-Term Debt | $0.00 |
YoY Change | |
Long-Term Debt Due | $30.00M |
YoY Change | 100.0% |
Total Short-Term Liabilities | $659.4M |
YoY Change | 2.23% |
LONG-TERM LIABILITIES | |
Long-Term Debt | $1.862B |
YoY Change | 71.3% |
Other Long-Term Liabilities | $139.6M |
YoY Change | 18.01% |
Total Long-Term Liabilities | $2.001B |
YoY Change | 66.07% |
TOTAL LIABILITIES | |
Total Short-Term Liabilities | $659.4M |
Total Long-Term Liabilities | $2.001B |
Total Liabilities | $2.981B |
YoY Change | 33.94% |
SHAREHOLDERS EQUITY | |
Retained Earnings | $681.9M |
YoY Change | 107.96% |
Common Stock | |
YoY Change | |
Preferred Stock | |
YoY Change | |
Treasury Stock (at cost) | |
YoY Change | |
Treasury Stock Shares | |
Shareholders Equity | $2.945B |
YoY Change | |
Total Liabilities & Shareholders Equity | $5.926B |
YoY Change | 21.53% |
Cashflow Statement
Concept | 2023 Q3 |
---|---|
OPERATING ACTIVITIES | |
Net Income | $105.5M |
YoY Change | 12.96% |
Depreciation, Depletion And Amortization | $38.70M |
YoY Change | 34.38% |
Cash From Operating Activities | $145.0M |
YoY Change | 6.7% |
INVESTING ACTIVITIES | |
Capital Expenditures | $16.60M |
YoY Change | -266.0% |
Acquisitions | |
YoY Change | |
Other Investing Activities | -$6.700M |
YoY Change | |
Cash From Investing Activities | -$23.30M |
YoY Change | 133.0% |
FINANCING ACTIVITIES | |
Cash Dividend Paid | |
YoY Change | |
Common Stock Issuance & Retirement, Net | |
YoY Change | |
Debt Paid & Issued, Net | |
YoY Change | |
Cash From Financing Activities | -139.1M |
YoY Change | -765.55% |
NET CHANGE | |
Cash From Operating Activities | 145.0M |
Cash From Investing Activities | -23.30M |
Cash From Financing Activities | -139.1M |
Net Change In Cash | -17.40M |
YoY Change | -111.85% |
FREE CASH FLOW | |
Cash From Operating Activities | $145.0M |
Capital Expenditures | $16.60M |
Free Cash Flow | $128.4M |
YoY Change | -11.99% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2022Q3 | us-gaap |
Profit Loss
ProfitLoss
|
93400000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
241100000 | usd | |
CY2023Q3 | us-gaap |
Profit Loss
ProfitLoss
|
105500000 | usd |
CY2022Q3 | us-gaap |
Profit Loss
ProfitLoss
|
93400000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
312200000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
312200000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
241100000 | usd | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-19700000 | usd | |
us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
6500000 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
227900000 | usd | |
CY2023Q3 | us-gaap |
Basic Earnings Per Share Pro Forma
BasicEarningsPerShareProForma
|
0.64 | |
CY2022Q3 | us-gaap |
Basic Earnings Per Share Pro Forma
BasicEarningsPerShareProForma
|
0.56 | |
us-gaap |
Basic Earnings Per Share Pro Forma
BasicEarningsPerShareProForma
|
1.89 | ||
us-gaap |
Basic Earnings Per Share Pro Forma
BasicEarningsPerShareProForma
|
1.45 | ||
CY2023Q3 | us-gaap |
Diluted Earnings Per Share Pro Forma
DilutedEarningsPerShareProForma
|
0.63 | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
168200000 | shares | |
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.525 | ||
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
297500000 | usd |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
9900000 | usd |
CY2022Q4 | us-gaap |
Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
|
472500000 | usd |
CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
346700000 | usd |
CY2022Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
112500000 | usd |
CY2022Q4 | us-gaap |
Goodwill
Goodwill
|
2178100000 | usd |
CY2022Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1066100000 | usd |
CY2022Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
139600000 | usd |
CY2022Q4 | nvt |
Assets Noncurrent Excluding Property Plant And Equipment
AssetsNoncurrentExcludingPropertyPlantAndEquipment
|
3383800000 | usd |
CY2022Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
252100000 | usd |
CY2022Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
109300000 | usd |
CY2022Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
273100000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
1068200000 | usd |
CY2022Q4 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
128500000 | usd |
CY2022Q4 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
199600000 | usd |
CY2022Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
124700000 | usd |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
165300000 | shares |
CY2022Q4 | us-gaap |
Common Stock Value Outstanding
CommonStockValueOutstanding
|
1700000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
241100000 | usd | |
us-gaap |
Depreciation
Depreciation
|
36100000 | usd | |
us-gaap |
Depreciation
Depreciation
|
32800000 | usd | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
64500000 | usd | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
53100000 | usd | |
us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
-3700000 | usd | |
us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
100000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
17500000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
17800000 | usd | |
CY2023Q3 | us-gaap |
Profit Loss
ProfitLoss
|
105500000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
312200000 | usd | |
CY2022Q3 | us-gaap |
Diluted Earnings Per Share Pro Forma
DilutedEarningsPerShareProForma
|
0.55 | |
us-gaap |
Diluted Earnings Per Share Pro Forma
DilutedEarningsPerShareProForma
|
1.86 | ||
us-gaap |
Diluted Earnings Per Share Pro Forma
DilutedEarningsPerShareProForma
|
1.43 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
166400000 | shares | |
CY2022Q4 | us-gaap |
Assets Current
AssetsCurrent
|
1229200000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
289200000 | usd |
CY2022Q4 | us-gaap |
Assets
Assets
|
4902200000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
15000000.0 | usd |
CY2022Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
649500000 | usd |
CY2023Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
1831500000 | usd |
CY2022Q4 | us-gaap |
Liabilities
Liabilities
|
2170500000 | usd |
CY2023Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2022Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
400000000 | shares |
CY2022Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
2372300000 | usd |
CY2022Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
457300000 | usd |
CY2022Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-99600000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2731700000 | usd |
CY2022Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
4902200000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
312200000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
312200000 | usd | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
3600000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
30500000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
76900000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
10800000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
71600000 | usd | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
30000000.0 | usd | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
21300000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-27700000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
12700000 | usd | |
us-gaap |
Increase Decrease In Other Employee Related Liabilities
IncreaseDecreaseInOtherEmployeeRelatedLiabilities
|
-4500000 | usd | |
us-gaap |
Increase Decrease In Other Employee Related Liabilities
IncreaseDecreaseInOtherEmployeeRelatedLiabilities
|
-5600000 | usd | |
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
-20900000 | usd | |
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
18700000 | usd | |
us-gaap |
Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
|
2900000 | usd | |
us-gaap |
Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
|
1100000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
291600000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
199800000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
48900000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
30800000 | usd | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
7300000 | usd | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
2000000.0 | usd | |
us-gaap |
Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
|
14100000 | usd | |
us-gaap |
Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
|
0 | usd | |
us-gaap |
Derivative Cost Of Hedge Net Of Cash Received
DerivativeCostOfHedgeNetOfCashReceived
|
3100000 | usd | |
us-gaap |
Derivative Cost Of Hedge Net Of Cash Received
DerivativeCostOfHedgeNetOfCashReceived
|
0 | usd | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
1119700000 | usd | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
8600000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1144100000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-37400000 | usd | |
nvt |
Net Receipts Of Revolving Long Term Debt
NetReceiptsOfRevolvingLongTermDebt
|
0 | usd | |
nvt |
Net Receipts Of Revolving Long Term Debt
NetReceiptsOfRevolvingLongTermDebt
|
-106700000 | usd | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
800000000.0 | usd | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
200000000.0 | usd | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
20000000.0 | usd | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
6200000 | usd | |
us-gaap |
Proceeds From Hedge Financing Activities
ProceedsFromHedgeFinancingActivities
|
4500000 | usd | |
us-gaap |
Proceeds From Hedge Financing Activities
ProceedsFromHedgeFinancingActivities
|
10000000.0 | usd | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
11200000 | usd | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | usd | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
87600000 | usd | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
87700000 | usd | |
nvt |
Shares Issued Net Of Tax Withholding Share Based Payment Arrangement
SharesIssuedNetOfTaxWithholdingShareBasedPaymentArrangement
|
1600000 | usd | |
nvt |
Shares Issued Net Of Tax Withholding Share Based Payment Arrangement
SharesIssuedNetOfTaxWithholdingShareBasedPaymentArrangement
|
300000 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
15200000 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
8500000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
672100000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1200000 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-3800000 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-19100000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-184200000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
144500000 | usd | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
297500000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
49500000 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
113300000 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
194000000.0 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2731700000 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
93800000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
3600000 | usd |
CY2023Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
29300000 | usd |
CY2023Q1 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
13200000 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
5100000 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
|
0 | shares |
CY2023Q1 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
7500000 | usd |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
5700000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2789900000 | usd |
CY2023Q2 | us-gaap |
Profit Loss
ProfitLoss
|
112900000 | usd |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-4700000 | usd |
CY2023Q2 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
29200000 | usd |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
1800000 | usd |
CY2023Q2 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
700000 | usd |
CY2023Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
5700000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2875700000 | usd |
CY2023Q3 | us-gaap |
Profit Loss
ProfitLoss
|
105500000 | usd |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-16000000.0 | usd |
CY2023Q3 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
29100000 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
3100000 | usd |
CY2023Q3 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
200000 | usd |
CY2023Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
6100000 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2945100000 | usd |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
67800000 | usd |
CY2022Q1 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
3900000 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
1400000 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
|
0 | shares |
CY2022Q2 | us-gaap |
Profit Loss
ProfitLoss
|
79900000 | usd |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
2000000.0 | usd |
CY2022Q2 | us-gaap |
Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
|
0 | shares |
CY2022Q2 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
300000 | usd |
CY2022Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
5300000 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2586000000 | usd |
CY2022Q3 | us-gaap |
Profit Loss
ProfitLoss
|
93400000 | usd |
CY2022Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-7000000.0 | usd |
CY2022Q3 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
29400000 | usd |
CY2022Q3 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
2000000.0 | usd |
CY2022Q3 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
300000 | usd |
CY2022Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
5900000 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2650600000 | usd |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
3 | segment | |
CY2023Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
858800000 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2402400000 | usd | |
CY2022Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
745200000 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2167400000 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2402400000 | usd | |
CY2022Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
745200000 | usd |
us-gaap |
Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
|
0 | usd | |
CY2023Q3 | us-gaap |
Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
|
0 | usd |
CY2023Q3 | us-gaap |
Restructuring Charges
RestructuringCharges
|
5400000 | usd |
CY2022Q3 | us-gaap |
Restructuring Charges
RestructuringCharges
|
500000 | usd |
CY2022Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
2400000 | usd |
CY2021Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
2400000 | usd |
us-gaap |
Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
|
6500000 | usd | |
us-gaap |
Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
|
4100000 | usd | |
us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
4400000 | usd | |
us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
4900000 | usd | |
CY2023Q3 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
4500000 | usd |
CY2022Q3 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
1600000 | usd |
CY2022Q4 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
1600400000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
534300000 | usd |
CY2022Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1066100000 | usd |
CY2023Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
25600000 | usd |
CY2022Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
17600000 | usd |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
64500000 | usd | |
CY2023Q3 | us-gaap |
Profit Loss
ProfitLoss
|
105500000 | usd |
CY2022Q3 | us-gaap |
Profit Loss
ProfitLoss
|
93400000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
312200000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
312200000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
241100000 | usd | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
165800000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
168200000 | shares | |
CY2023Q3 | us-gaap |
Basic Earnings Per Share Pro Forma
BasicEarningsPerShareProForma
|
0.64 | |
CY2022Q3 | us-gaap |
Basic Earnings Per Share Pro Forma
BasicEarningsPerShareProForma
|
0.56 | |
us-gaap |
Basic Earnings Per Share Pro Forma
BasicEarningsPerShareProForma
|
1.89 | ||
us-gaap |
Basic Earnings Per Share Pro Forma
BasicEarningsPerShareProForma
|
1.45 | ||
CY2023Q3 | us-gaap |
Diluted Earnings Per Share Pro Forma
DilutedEarningsPerShareProForma
|
0.63 | |
CY2022Q3 | us-gaap |
Diluted Earnings Per Share Pro Forma
DilutedEarningsPerShareProForma
|
0.55 | |
us-gaap |
Diluted Earnings Per Share Pro Forma
DilutedEarningsPerShareProForma
|
1.86 | ||
us-gaap |
Diluted Earnings Per Share Pro Forma
DilutedEarningsPerShareProForma
|
1.43 | ||
CY2023Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
400000 | shares |
CY2022Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
700000 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
300000 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
500000 | shares | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
53100000 | usd | |
CY2022Q4 | us-gaap |
Goodwill
Goodwill
|
2178100000 | usd |
us-gaap |
Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
|
383200000 | usd | |
us-gaap |
Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
|
-1500000 | usd | |
CY2023Q3 | us-gaap |
Goodwill
Goodwill
|
2559800000 | usd |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
1761500000 | usd |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
598500000 | usd |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
1163000000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
1327300000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
534300000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
793000000.0 | usd |
CY2023Q3 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
2136900000 | usd |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
598500000 | usd |
CY2023Q3 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1538400000 | usd |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
25200000 | usd |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
96600000 | usd |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
94100000 | usd |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
94100000 | usd |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
94100000 | usd |
CY2023Q3 | nvt |
Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
|
89800000 | usd |
CY2023Q3 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
182200000 | usd |
CY2022Q4 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
112900000 | usd |
CY2023Q3 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
36900000 | usd |
CY2022Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
36200000 | usd |
CY2023Q3 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
245800000 | usd |
CY2022Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
197600000 | usd |
CY2023Q3 | us-gaap |
Inventory Net
InventoryNet
|
464900000 | usd |
CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
346700000 | usd |
CY2023Q3 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
44200000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
45600000 | usd |
CY2023Q3 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
62500000 | usd |
CY2022Q4 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
44900000 | usd |
CY2023Q3 | us-gaap |
Prepaid Taxes
PrepaidTaxes
|
19800000 | usd |
CY2022Q4 | us-gaap |
Prepaid Taxes
PrepaidTaxes
|
4100000 | usd |
CY2023Q3 | us-gaap |
Hedging Assets Current
HedgingAssetsCurrent
|
0 | usd |
CY2022Q4 | us-gaap |
Hedging Assets Current
HedgingAssetsCurrent
|
14500000 | usd |
CY2023Q3 | us-gaap |
Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
|
4300000 | usd |
CY2022Q4 | us-gaap |
Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
|
3400000 | usd |
CY2023Q3 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
130800000 | usd |
CY2022Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
112500000 | usd |
CY2023Q3 | us-gaap |
Land And Land Improvements
LandAndLandImprovements
|
42500000 | usd |
CY2022Q4 | us-gaap |
Land And Land Improvements
LandAndLandImprovements
|
38600000 | usd |
CY2023Q3 | us-gaap |
Buildings And Improvements Gross
BuildingsAndImprovementsGross
|
205500000 | usd |
CY2022Q4 | us-gaap |
Buildings And Improvements Gross
BuildingsAndImprovementsGross
|
180500000 | usd |
CY2023Q3 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
572000000.0 | usd |
CY2022Q4 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
500400000 | usd |
CY2023Q3 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
35400000 | usd |
CY2022Q4 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
34700000 | usd |
CY2023Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
855400000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
754200000 | usd |
CY2023Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
483500000 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
465000000.0 | usd |
CY2023Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
371900000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
289200000 | usd |
CY2023Q3 | us-gaap |
Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
|
17400000 | usd |
CY2022Q4 | us-gaap |
Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
|
16700000 | usd |
CY2023Q3 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
92800000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
76400000 | usd |
CY2023Q3 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
17100000 | usd |
CY2022Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
16300000 | usd |
CY2023Q3 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
28400000 | usd |
CY2022Q4 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
30200000 | usd |
CY2023Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
155700000 | usd |
CY2022Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
139600000 | usd |
CY2023Q3 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
30100000 | usd |
CY2022Q4 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
30400000 | usd |
CY2023Q3 | us-gaap |
Accrued Exchange Fee Rebate Current And Noncurrent
AccruedExchangeFeeRebateCurrentAndNoncurrent
|
77000000.0 | usd |
CY2022Q4 | us-gaap |
Accrued Exchange Fee Rebate Current And Noncurrent
AccruedExchangeFeeRebateCurrentAndNoncurrent
|
98400000 | usd |
CY2023Q3 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
18700000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
22700000 | usd |
CY2023Q3 | us-gaap |
Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
|
28100000 | usd |
CY2022Q4 | us-gaap |
Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
|
34500000 | usd |
CY2023Q3 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
26500000 | usd |
CY2022Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
6500000 | usd |
CY2023Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
22800000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
17700000 | usd |
CY2023Q3 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
68100000 | usd |
CY2022Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
62900000 | usd |
CY2023Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
271300000 | usd |
CY2022Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
273100000 | usd |
CY2023Q3 | us-gaap |
Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
|
28200000 | usd |
CY2022Q4 | us-gaap |
Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
|
29800000 | usd |
CY2023Q3 | us-gaap |
Deferred Compensation Liability Current
DeferredCompensationLiabilityCurrent
|
17400000 | usd |
CY2022Q4 | us-gaap |
Deferred Compensation Liability Current
DeferredCompensationLiabilityCurrent
|
16700000 | usd |
CY2023Q3 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
75200000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
63700000 | usd |
CY2023Q3 | nvt |
Other Liabilities Miscellaneous Noncurrent
OtherLiabilitiesMiscellaneousNoncurrent
|
18800000 | usd |
CY2022Q4 | nvt |
Other Liabilities Miscellaneous Noncurrent
OtherLiabilitiesMiscellaneousNoncurrent
|
14500000 | usd |
CY2023Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
139600000 | usd |
CY2022Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
124700000 | usd |
us-gaap |
Proceeds From Hedge Financing Activities
ProceedsFromHedgeFinancingActivities
|
4500000 | usd | |
us-gaap |
Derivative Cost Of Hedge Net Of Cash Received
DerivativeCostOfHedgeNetOfCashReceived
|
3100000 | usd | |
CY2023Q3 | us-gaap |
Net Investment Hedge Derivatives At Fair Value Net
NetInvestmentHedgeDerivativesAtFairValueNet
|
5100000 | usd |
CY2022Q4 | us-gaap |
Net Investment Hedge Derivatives At Fair Value Net
NetInvestmentHedgeDerivativesAtFairValueNet
|
18900000 | usd |
CY2023Q3 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
12300000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
5600000 | usd |
CY2023Q3 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
1861500000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
1083200000 | usd |
CY2023Q3 | us-gaap |
Debt Current
DebtCurrent
|
30000000.0 | usd |
CY2022Q4 | us-gaap |
Debt Current
DebtCurrent
|
15000000.0 | usd |
CY2023Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
1831500000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
1068200000 | usd |
CY2023Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
7500000 | usd |
CY2023Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
31900000 | usd |
CY2023Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
37500000 | usd |
CY2023Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
253100000 | usd |
CY2023Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
22500000 | usd |
CY2023Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
721300000 | usd |
CY2023Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
|
800000000.0 | usd |
CY2023Q3 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
1873800000 | usd |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.175 | ||
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.169 | ||
CY2023Q3 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
13900000 | usd |
CY2022Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
13400000 | usd |
CY2023Q3 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
4300000 | usd |
CY2021Q2 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
300000000 | usd |
us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
300000 | shares | |
us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
13200000 | usd | |
us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
100000 | shares | |
us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
3900000 | usd | |
CY2023Q3 | nvt |
Shares Repurchased But Not Yet Paid
SharesRepurchasedButNotYetPaid
|
0 | usd |
CY2022Q4 | nvt |
Shares Repurchased But Not Yet Paid
SharesRepurchasedButNotYetPaid
|
2000000 | usd |
CY2023Q3 | us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
|
127300000 | usd |
CY2023Q3 | us-gaap |
Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
|
0.175 | |
CY2023Q3 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
30100000 | usd |
CY2022Q4 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
30400000 | usd |
CY2023Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
858800000 | usd |
CY2022Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
745200000 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2402400000 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2167400000 | usd | |
CY2023Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
129300000 | usd |
CY2022Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
111900000 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
378500000 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
290200000 | usd | |
CY2023Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
6100000 | usd |
CY2022Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
5900000 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
17500000 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
17800000 | usd | |
CY2022Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
0 | usd |
CY2023Q3 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
0 | usd |
CY2023Q3 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2023Q3 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2023Q3 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
CY2023Q3 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false |