$PH
Parker-Hannifin Corp

2020 Q4 Form 10-Q Financial Statement

#000007633421000029 Filed on February 05, 2021

View on sec.gov

Income Statement

Concept 2020 Q4 2019 Q4
Revenue $3.412B $3.498B
YoY Change -2.46% 0.75%
Cost Of Revenue $2.518B $2.686B
YoY Change -6.25% 3.22%
Gross Profit $893.7M $811.8M
YoY Change 10.09% -6.65%
Gross Profit Margin 26.19% 23.21%
Selling, General & Admin $356.6M $491.1M
YoY Change -27.4% 23.63%
% of Gross Profit 39.9% 60.49%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $149.8M $144.2M
YoY Change 3.88% 31.09%
% of Gross Profit 16.76% 17.76%
Operating Expenses $356.6M $491.1M
YoY Change -27.4% 23.63%
Operating Profit $553.8M $450.5M
YoY Change 22.93% -10.68%
Interest Expense $62.99M $82.89M
YoY Change -24.01% 74.44%
% of Operating Profit 11.37% 18.4%
Other Income/Expense, Net $87.04M -$112.9M
YoY Change -177.1% 338.26%
Pretax Income $577.9M $251.4M
YoY Change 129.89% -41.7%
Income Tax $129.4M $49.33M
% Of Pretax Income 22.38% 19.62%
Net Earnings $448.4M $201.9M
YoY Change 122.04% -35.23%
Net Earnings / Revenue 13.14% 5.77%
Basic Earnings Per Share $3.48 $1.57
Diluted Earnings Per Share $3.42 $1.55
COMMON SHARES
Basic Shares Outstanding 129.0M shares 128.4M shares
Diluted Shares Outstanding 131.1M shares 130.5M shares

Balance Sheet

Concept 2020 Q4 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $608.0M $1.093B
YoY Change -44.37% 1.39%
Cash & Equivalents $564.7M $948.4M
Short-Term Investments $43.00M $145.0M
Other Short-Term Assets $159.0M $234.0M
YoY Change -32.05% 23.81%
Inventory $1.871B $2.014B
Prepaid Expenses
Receivables $1.849B $1.973B
Other Receivables $313.0M $319.0M
Total Short-Term Assets $4.800B $5.661B
YoY Change -15.22% 6.12%
LONG-TERM ASSETS
Property, Plant & Equipment $2.302B $2.336B
YoY Change -1.45% 30.22%
Goodwill $8.101B $7.955B
YoY Change 1.83% 45.63%
Intangibles $3.695B $4.036B
YoY Change -8.45% 114.25%
Long-Term Investments
YoY Change
Other Assets $927.0M $899.0M
YoY Change 3.11% 7.92%
Total Long-Term Assets $15.03B $15.38B
YoY Change -2.31% 54.25%
TOTAL ASSETS
Total Short-Term Assets $4.800B $5.661B
Total Long-Term Assets $15.03B $15.38B
Total Assets $19.83B $21.04B
YoY Change -5.78% 37.47%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.343B $1.312B
YoY Change 2.38% 0.35%
Accrued Expenses $985.0M $947.0M
YoY Change 4.01% 8.85%
Deferred Revenue $49.36M $58.32M
YoY Change -15.37% -10.71%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $610.9M $1.604B
YoY Change -61.92% 40.2%
Total Short-Term Liabilities $3.207B $4.091B
YoY Change -21.61% 16.59%
LONG-TERM LIABILITIES
Long-Term Debt $6.602B $8.141B
YoY Change -18.9% 89.18%
Other Long-Term Liabilities $631.8M $532.8M
YoY Change 18.6% 18.47%
Total Long-Term Liabilities $7.234B $8.674B
YoY Change -16.6% 82.49%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.207B $4.091B
Total Long-Term Liabilities $7.234B $8.674B
Total Liabilities $12.71B $14.70B
YoY Change -13.58% 54.97%
SHAREHOLDERS EQUITY
Retained Earnings $14.07B $13.09B
YoY Change 7.47% 8.09%
Common Stock $475.6M $546.4M
YoY Change -12.96% -10.78%
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.311B $5.365B
YoY Change -1.0% 4.86%
Treasury Stock Shares 51.96M shares 52.68M shares
Shareholders Equity $7.106B $6.330B
YoY Change
Total Liabilities & Shareholders Equity $19.83B $21.04B
YoY Change -5.78% 37.47%

Cashflow Statement

Concept 2020 Q4 2019 Q4
OPERATING ACTIVITIES
Net Income $448.4M $201.9M
YoY Change 122.04% -35.23%
Depreciation, Depletion And Amortization $149.8M $144.2M
YoY Change 3.88% 31.09%
Cash From Operating Activities $616.6M $376.9M
YoY Change 63.6% -1.23%
INVESTING ACTIVITIES
Capital Expenditures -$50.80M -$68.30M
YoY Change -25.62% 30.59%
Acquisitions
YoY Change
Other Investing Activities $125.6M -$3.234B
YoY Change -103.88% -9058.17%
Cash From Investing Activities $74.80M -$3.302B
YoY Change -102.27% 20283.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -916.6M 215.9M
YoY Change -524.55% -185.4%
NET CHANGE
Cash From Operating Activities 616.6M 376.9M
Cash From Investing Activities 74.80M -3.302B
Cash From Financing Activities -916.6M 215.9M
Net Change In Cash -225.2M -2.709B
YoY Change -91.69% -2506.13%
FREE CASH FLOW
Cash From Operating Activities $616.6M $376.9M
Capital Expenditures -$50.80M -$68.30M
Free Cash Flow $667.4M $445.2M
YoY Change 49.91% 2.6%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Central Index Key
EntityCentralIndexKey
0000076334
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--06-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2021
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Amendment Flag
AmendmentFlag
false
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2020-12-31
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
1-4982
dei Entity Registrant Name
EntityRegistrantName
PARKER-HANNIFIN CORPORATION
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
OH
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
34-0451060
dei Entity Address Address Line1
EntityAddressAddressLine1
6035 Parkland Boulevard,
dei Entity Address City Or Town
EntityAddressCityOrTown
Cleveland,
dei Entity Address State Or Province
EntityAddressStateOrProvince
OH
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
44124-4141
dei City Area Code
CityAreaCode
216
dei Local Phone Number
LocalPhoneNumber
896-3000
dei Security12b Title
Security12bTitle
Common Shares, $.50 par value
dei Trading Symbol
TradingSymbol
PH
dei Security Exchange Name
SecurityExchangeName
NYSE
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2020Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
129081165 shares
CY2020Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3411905000 USD
CY2019Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3497974000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6642445000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6832485000 USD
CY2020Q4 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
2519545000 USD
CY2019Q4 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
2682765000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
4903873000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
5162506000 USD
CY2020Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
356572000 USD
CY2019Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
491121000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
726423000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
890300000 USD
CY2020Q4 us-gaap Interest Expense
InterestExpense
62990000 USD
CY2019Q4 us-gaap Interest Expense
InterestExpense
82891000 USD
us-gaap Interest Expense
InterestExpense
128948000 USD
us-gaap Interest Expense
InterestExpense
152847000 USD
CY2020Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
103714000 USD
CY2019Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
13549000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
108606000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
61070000 USD
CY2020Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
576512000 USD
CY2019Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
254746000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
991807000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
687902000 USD
CY2020Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
129015000 USD
CY2019Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
50148000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
222593000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
144263000 USD
CY2020Q4 us-gaap Profit Loss
ProfitLoss
447497000 USD
CY2019Q4 us-gaap Profit Loss
ProfitLoss
204598000 USD
us-gaap Profit Loss
ProfitLoss
769214000 USD
us-gaap Profit Loss
ProfitLoss
543639000 USD
CY2020Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
191000 USD
CY2019Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
124000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
499000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
267000 USD
CY2020Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
447306000 USD
CY2019Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
204474000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
768715000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
543372000 USD
CY2020Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.47
CY2019Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.59
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.97
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.23
CY2020Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.41
CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.57
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.89
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.17
CY2020Q4 us-gaap Profit Loss
ProfitLoss
447497000 USD
CY2019Q4 us-gaap Profit Loss
ProfitLoss
204598000 USD
us-gaap Profit Loss
ProfitLoss
769214000 USD
us-gaap Profit Loss
ProfitLoss
543639000 USD
CY2020Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
191000 USD
CY2019Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
124000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
499000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
267000 USD
CY2020Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
447306000 USD
CY2019Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
204474000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
768715000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
543372000 USD
CY2020Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
217828000 USD
CY2019Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
151583000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
348510000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
48862000 USD
CY2020Q4 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-40984000 USD
CY2019Q4 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-33416000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-81136000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-64442000 USD
CY2020Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
258812000 USD
CY2019Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
184999000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
429646000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
113304000 USD
CY2020Q4 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
846000 USD
CY2019Q4 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
137000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
1277000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-12000 USD
CY2020Q4 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
257966000 USD
CY2019Q4 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
184862000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
428369000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
113316000 USD
CY2020Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
705272000 USD
CY2019Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
389336000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1197084000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
656688000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
564734000 USD
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
685514000 USD
CY2020Q4 us-gaap Short Term Investments
ShortTermInvestments
43314000 USD
CY2020Q2 us-gaap Short Term Investments
ShortTermInvestments
70805000 USD
CY2020Q4 ph Tradeaccountsreceivablenet
Tradeaccountsreceivablenet
1816731000 USD
CY2020Q2 ph Tradeaccountsreceivablenet
Tradeaccountsreceivablenet
1854398000 USD
CY2020Q4 ph Nontradeandnotesreceivable
Nontradeandnotesreceivable
312590000 USD
CY2020Q2 ph Nontradeandnotesreceivable
Nontradeandnotesreceivable
244870000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
1870948000 USD
CY2020Q2 us-gaap Inventory Net
InventoryNet
1814631000 USD
CY2020Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
191362000 USD
CY2020Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
214986000 USD
CY2020Q4 us-gaap Assets Current
AssetsCurrent
4799679000 USD
CY2020Q2 us-gaap Assets Current
AssetsCurrent
4885204000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
6026680000 USD
CY2020Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
5810681000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3724538000 USD
CY2020Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3517946000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2302142000 USD
CY2020Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2292735000 USD
CY2020Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
134325000 USD
CY2020Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
126839000 USD
CY2020Q4 us-gaap Investments And Other Noncurrent Assets
InvestmentsAndOtherNoncurrentAssets
795073000 USD
CY2020Q2 us-gaap Investments And Other Noncurrent Assets
InvestmentsAndOtherNoncurrentAssets
764563000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
3695194000 USD
CY2020Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
3798913000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
8101016000 USD
CY2020Q2 us-gaap Goodwill
Goodwill
7869935000 USD
CY2020Q4 us-gaap Assets
Assets
19827429000 USD
CY2020Q2 us-gaap Assets
Assets
19738189000 USD
CY2020Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
610909000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
6602309000 USD
CY2020Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
809529000 USD
CY2020Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1343011000 USD
CY2020Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
1111759000 USD
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
345973000 USD
CY2020Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
424231000 USD
CY2020Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
218624000 USD
CY2020Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
195314000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
688566000 USD
CY2020Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
607540000 USD
CY2020Q4 us-gaap Liabilities Current
LiabilitiesCurrent
3207083000 USD
CY2020Q2 us-gaap Liabilities Current
LiabilitiesCurrent
3148373000 USD
CY2020Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
7652256000 USD
CY2020Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
1843209000 USD
CY2020Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
1887414000 USD
CY2020Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
420699000 USD
CY2020Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
382528000 USD
CY2020Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
631825000 USD
CY2020Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
539089000 USD
CY2020Q4 us-gaap Liabilities
Liabilities
12705125000 USD
CY2020Q2 us-gaap Liabilities
Liabilities
13609660000 USD
CY2020Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.50
CY2020Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.50
CY2020Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
3000000 shares
CY2020Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
3000000 shares
CY2020Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2020Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2020Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2020Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.50
CY2020Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.50
CY2020Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
600000000 shares
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
600000000 shares
CY2020Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
181046128 shares
CY2020Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
181046128 shares
CY2020Q4 us-gaap Common Stock Value
CommonStockValue
90523000 USD
CY2020Q2 us-gaap Common Stock Value
CommonStockValue
90523000 USD
CY2020Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
385049000 USD
CY2020Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
416585000 USD
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
14072152000 USD
CY2020Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
13530666000 USD
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2130506000 USD
CY2020Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2558875000 USD
CY2020Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
51964963 shares
CY2020Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
52490165 shares
CY2020Q4 us-gaap Treasury Stock Value
TreasuryStockValue
5311236000 USD
us-gaap Profit Loss
ProfitLoss
769214000 USD
CY2020Q2 us-gaap Treasury Stock Value
TreasuryStockValue
5364916000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
7105982000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
6113983000 USD
CY2020Q4 us-gaap Minority Interest
MinorityInterest
16322000 USD
CY2020Q2 us-gaap Minority Interest
MinorityInterest
14546000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7122304000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6128529000 USD
CY2020Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
19827429000 USD
CY2020Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
19738189000 USD
us-gaap Profit Loss
ProfitLoss
543639000 USD
us-gaap Depreciation
Depreciation
135320000 USD
us-gaap Depreciation
Depreciation
119741000 USD
us-gaap Adjustment For Amortization
AdjustmentForAmortization
162940000 USD
us-gaap Adjustment For Amortization
AdjustmentForAmortization
133559000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
79833000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
73069000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3034000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
8608000 USD
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
530000 USD
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-6569000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
102565000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
4478000 USD
us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
6959000 USD
us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
1969000 USD
us-gaap Gain Loss On Investments
GainLossOnInvestments
4783000 USD
us-gaap Gain Loss On Investments
GainLossOnInvestments
1849000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-7523000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
0 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-79685000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-379536000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
4264000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-25724000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-27646000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
50153000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
22052000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
38747000 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
193901000 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-178013000 USD
us-gaap Increase Decrease In Other Employee Related Liabilities
IncreaseDecreaseInOtherEmployeeRelatedLiabilities
-92010000 USD
us-gaap Increase Decrease In Other Employee Related Liabilities
IncreaseDecreaseInOtherEmployeeRelatedLiabilities
-117882000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
15244000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-7699000 USD
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
53236000 USD
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-76616000 USD
us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
35365000 USD
us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
32316000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
30278000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-19387000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1353988000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
825968000 USD
us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
82192000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
5075605000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
92907000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
118593000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
124428000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
20993000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
16029000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
190129000 USD
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
52019000 USD
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
198872000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-11183000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-9374000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
78694000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5155088000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3137000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1923000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
60825000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
136815000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-113500000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
931546000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1721181000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1210848000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
236505000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
227228000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
227025000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1609264000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2054305000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
55802000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3403000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-120780000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-2271412000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
685514000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3219767000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
564734000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
948355000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2020Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
553841000 USD
CY2019Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
450534000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
1059606000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
968377000 USD
CY2020Q4 us-gaap Interest Expense
InterestExpense
62990000 USD
CY2019Q4 us-gaap Interest Expense
InterestExpense
82891000 USD
us-gaap Interest Expense
InterestExpense
128948000 USD
us-gaap Interest Expense
InterestExpense
152847000 USD
CY2020Q4 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
85661000 USD
CY2019Q4 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-112897000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
61149000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-127628000 USD
CY2020Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
576512000 USD
CY2019Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
254746000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
991807000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
687902000 USD
CY2020Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
131075655 shares
CY2020Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3411905000 USD
CY2019Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3497974000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6642445000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6832485000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
32401000 USD
CY2020Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
30827000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
1908000 USD
CY2020Q2 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
1497000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
34309000 USD
CY2020Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
32324000 USD
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
49360000 USD
CY2020Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
51278000 USD
CY2020Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
3420000 USD
CY2020Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
3232000 USD
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
52780000 USD
CY2020Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
54510000 USD
CY2020Q4 ph Contract With Customer Net Asset Liability
ContractWithCustomerNetAssetLiability
-18471000 USD
CY2020Q2 ph Contract With Customer Net Asset Liability
ContractWithCustomerNetAssetLiability
-22186000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
27000000 USD
CY2020Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
5762000000 USD
CY2020Q4 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.83
CY2020Q4 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2019Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
130495381 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
130482564 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
130154079 shares
CY2020Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.47
CY2020Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
129013781 shares
CY2019Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
128396933 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
128860763 shares
CY2020Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
447306000 USD
CY2019Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
204474000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
768715000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
543372000 USD
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
128430463 shares
CY2020Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2061874 shares
CY2019Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2098448 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1621801 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1723616 shares
CY2019Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.59
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.97
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.89
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.23
CY2020Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.41
CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.57
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.17
CY2020Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
247107 shares
CY2019Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2718 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
636032 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
767692 shares
CY2014Q4 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
35000000 shares
CY2020Q4 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
17056000 USD
CY2020Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
11644000 USD
CY2020Q4 ph Notes Receivable Current
NotesReceivableCurrent
154469000 USD
CY2020Q2 ph Notes Receivable Current
NotesReceivableCurrent
97370000 USD
CY2020Q4 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
158121000 USD
CY2020Q2 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
147500000 USD
CY2020Q4 ph Nontradeandnotesreceivable
Nontradeandnotesreceivable
312590000 USD
CY2020Q2 ph Nontradeandnotesreceivable
Nontradeandnotesreceivable
244870000 USD
CY2020Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
704075000 USD
CY2020Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
694577000 USD
CY2020Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
930099000 USD
CY2020Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
881104000 USD
CY2020Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
236774000 USD
CY2020Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
238950000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
1870948000 USD
CY2020Q2 us-gaap Inventory Net
InventoryNet
1814631000 USD
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6544249000 USD
CY2020Q4 us-gaap Profit Loss
ProfitLoss
447497000 USD
CY2020Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
258812000 USD
CY2020Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.88
CY2020Q4 us-gaap Dividends Cash
DividendsCash
113687000 USD
CY2020Q4 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-14567000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7122304000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6102792000 USD
CY2019Q4 us-gaap Profit Loss
ProfitLoss
204598000 USD
CY2019Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
184999000 USD
CY2019Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.88
CY2019Q4 us-gaap Dividends Cash
DividendsCash
113672000 USD
CY2019Q4 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
7529000 USD
CY2019Q4 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
6255000 USD
CY2019Q4 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
50000000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6342501000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6128529000 USD
us-gaap Profit Loss
ProfitLoss
769214000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
429646000 USD
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.76
us-gaap Dividends Cash
DividendsCash
227229000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
22144000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7122304000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5968152000 USD
us-gaap Profit Loss
ProfitLoss
543639000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
113304000 USD
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.76
us-gaap Dividends Cash
DividendsCash
227025000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
38176000 USD
us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
6255000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
100000000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6342501000 USD
CY2020Q2 us-gaap Goodwill
Goodwill
7869935000 USD
us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
3738000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
297073000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
227343000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
8101016000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
5651520000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1956326000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
5531427000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1732514000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
162940000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
322168000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
307106000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
287768000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
273650000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
103565000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
103565000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
16761000 USD
CY2020Q4 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
40000000 USD
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
24000000 USD
CY2020Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
15751000 USD
CY2020Q4 us-gaap Derivative Assets
DerivativeAssets
18755000 USD
CY2020Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
89735000 USD
CY2020Q2 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
7901000 USD
CY2020Q2 us-gaap Derivative Assets
DerivativeAssets
7561000 USD
CY2020Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
34995000 USD

Files In Submission

Name View Source Status
0000076334-21-000029-index-headers.html Edgar Link pending
0000076334-21-000029-index.html Edgar Link pending
0000076334-21-000029.txt Edgar Link pending
0000076334-21-000029-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
ph-20201231.htm Edgar Link pending
ph-20201231.xsd Edgar Link pending
ph-20201231_cal.xml Edgar Link unprocessable
ph-20201231_def.xml Edgar Link unprocessable
ph-20201231_htm.xml Edgar Link completed
ph-20201231_lab.xml Edgar Link unprocessable
ph-20201231_pre.xml Edgar Link unprocessable
ph12312020ex31a.htm Edgar Link pending
ph12312020ex31b.htm Edgar Link pending
ph12312020ex32.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.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