2019 Q4 Form 10-K Financial Statement

#000162828020001541 Filed on February 14, 2020

View on sec.gov

Income Statement

Concept 2019 Q4 2018 Q4 2018 Q3
Revenue $1.736B $1.627B $1.651B
YoY Change 6.68% 13.7% 11.68%
Cost Of Revenue $1.313B $1.236B $1.250B
YoY Change 6.21% 16.23% 12.14%
Gross Profit $423.3M $391.3M $401.3M
YoY Change 8.2% 6.38% 10.25%
Gross Profit Margin 24.39% 24.05% 24.3%
Selling, General & Admin $235.6M $209.8M $219.6M
YoY Change 12.3% 4.12% 8.66%
% of Gross Profit 55.65% 53.62% 54.72%
Research & Development $72.10M $61.90M $64.18M
YoY Change 16.48% -0.8% 1.67%
% of Gross Profit 17.03% 15.82% 15.99%
Depreciation & Amortization $61.50M $55.10M $57.30M
YoY Change 11.62% 3.96% 21.91%
% of Gross Profit 14.53% 14.08% 14.28%
Operating Expenses $307.7M $271.8M $283.7M
YoY Change 13.21% 2.95% 7.0%
Operating Profit $115.6M $119.5M $138.9M
YoY Change -3.2% 15.09% 18.78%
Interest Expense $3.900M -$300.0K $19.82M
YoY Change -1400.0% -103.33% 133.43%
% of Operating Profit 3.37% -0.25% 14.27%
Other Income/Expense, Net $1.400M $400.0K $4.124M
YoY Change 250.0% -92.16% 74.16%
Pretax Income $120.9M $119.7M $123.1M
YoY Change 1.0% 1.44% 12.71%
Income Tax $22.00M $28.20M $27.53M
% Of Pretax Income 18.2% 23.56% 22.37%
Net Earnings $98.93M $91.47M $95.53M
YoY Change 8.15% 190.63% 16.66%
Net Earnings / Revenue 5.7% 5.62% 5.78%
Basic Earnings Per Share $1.54
Diluted Earnings Per Share $1.58 $1.47 $1.50
COMMON SHARES
Basic Shares Outstanding 61.17M shares 61.78M shares 62.21M shares
Diluted Shares Outstanding 63.55M shares

Balance Sheet

Concept 2019 Q4 2018 Q4 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $157.1M $161.2M $183.4M
YoY Change -2.54% 16.56% 38.62%
Cash & Equivalents $157.1M $161.2M $183.4M
Short-Term Investments
Other Short-Term Assets $125.9M $121.4M $105.1M
YoY Change 3.71% 19.72% 29.91%
Inventory $1.121B $969.5M $1.020B
Prepaid Expenses
Receivables $190.4M $197.1M $217.7M
Other Receivables $32.50M $36.50M $5.900M
Total Short-Term Assets $1.627B $1.486B $1.532B
YoY Change 9.51% 18.52% 22.66%
LONG-TERM ASSETS
Property, Plant & Equipment $899.8M $843.1M $807.5M
YoY Change 6.72% 12.84% 9.8%
Goodwill $659.9M $647.1M $637.5M
YoY Change 1.98% 49.32% 47.99%
Intangibles $830.3M $870.5M $877.9M
YoY Change -4.62% 150.72% 148.11%
Long-Term Investments $110.6M $92.10M $88.80M
YoY Change 20.09% 3.72% 25.25%
Other Assets $99.40M $98.96M $88.30M
YoY Change 0.44% -4.88% -13.57%
Total Long-Term Assets $2.804B $2.639B $2.616B
YoY Change 6.22% 43.74% 38.85%
TOTAL ASSETS
Total Short-Term Assets $1.627B $1.486B $1.532B
Total Long-Term Assets $2.804B $2.639B $2.616B
Total Assets $4.431B $4.125B $4.148B
YoY Change 7.41% 33.51% 32.4%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $450.2M $346.3M $436.4M
YoY Change 30.01% 9.11% 13.1%
Accrued Expenses $896.0M $780.0M $773.9M
YoY Change 14.87% 3.53% 2.99%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $166.7M $66.54M $66.60M
YoY Change 150.51% 39.37% 139.57%
Total Short-Term Liabilities $1.528B $1.197B $1.286B
YoY Change 27.61% 5.93% 7.6%
LONG-TERM LIABILITIES
Long-Term Debt $1.527B $1.896B $1.798B
YoY Change -19.47% 119.13% 101.51%
Other Long-Term Liabilities $143.9M $122.6M $122.7M
YoY Change 17.4% 1.8% 14.5%
Total Long-Term Liabilities $1.671B $2.019B $122.7M
YoY Change -17.23% 104.8% 14.5%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.528B $1.197B $1.286B
Total Long-Term Liabilities $1.671B $2.019B $122.7M
Total Liabilities $3.309B $3.251B $3.240B
YoY Change 1.77% 51.48% 45.57%
SHAREHOLDERS EQUITY
Retained Earnings $287.3M $121.1M $152.6M
YoY Change 137.21% -50.11% -39.11%
Common Stock $600.0K $609.0K $618.0K
YoY Change -1.48% -3.49% -1.12%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.108B $867.0M $898.3M
YoY Change
Total Liabilities & Shareholders Equity $4.431B $4.125B $4.148B
YoY Change 7.41% 33.51% 32.4%

Cashflow Statement

Concept 2019 Q4 2018 Q4 2018 Q3
OPERATING ACTIVITIES
Net Income $98.93M $91.47M $95.53M
YoY Change 8.15% 190.63% 16.66%
Depreciation, Depletion And Amortization $61.50M $55.10M $57.30M
YoY Change 11.62% 3.96% 21.91%
Cash From Operating Activities $218.9M $123.0M $189.0M
YoY Change 77.97% 39.3% -19.27%
INVESTING ACTIVITIES
Capital Expenditures -$62.10M -$67.60M -$53.20M
YoY Change -8.14% 16.96% 18.75%
Acquisitions
YoY Change
Other Investing Activities $2.200M -$33.70M -$718.2M
YoY Change -106.53% 648.89% -4275.58%
Cash From Investing Activities -$59.90M -$101.4M -$771.3M
YoY Change -40.93% 63.02% 2684.48%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -123.8M -39.10M 586.2M
YoY Change 216.62% 123.43% -392.51%
NET CHANGE
Cash From Operating Activities 218.9M 123.0M 189.0M
Cash From Investing Activities -59.90M -101.4M -771.3M
Cash From Financing Activities -123.8M -39.10M 586.2M
Net Change In Cash 35.20M -17.50M 3.900M
YoY Change -301.14% -303.49% -35.0%
FREE CASH FLOW
Cash From Operating Activities $218.9M $123.0M $189.0M
Capital Expenditures -$62.10M -$67.60M -$53.20M
Free Cash Flow $281.0M $190.6M $242.2M
YoY Change 47.43% 30.46% -13.16%

Facts In Submission

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CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.20
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.24
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.69
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
61437000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
62513000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
62916000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
62292000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
63949000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
64180000 shares
CY2019 us-gaap Profit Loss
ProfitLoss
323884000 USD
CY2018 us-gaap Profit Loss
ProfitLoss
335257000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
0 USD
CY2017 us-gaap Profit Loss
ProfitLoss
172492000 USD
CY2019 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-2792000 USD
CY2018 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-18062000 USD
CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
41691000 USD
CY2019 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-6537000 USD
CY2018 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
457000 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-330000 USD
CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-250000 USD
CY2018 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-261000 USD
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
3153000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
314805000 USD
CY2018 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
317913000 USD
CY2017 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
210700000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-76000 USD
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
0 USD
CY2019 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
314881000 USD
CY2018 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
317913000 USD
CY2017 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
210700000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
867040000 USD
CY2017 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
50054000 USD
CY2017 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
2989000 USD
CY2017 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
42738000 USD
CY2017 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
145423000 USD
CY2017 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
90461000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
172492000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
38208000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
931659000 USD
CY2018 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
63966000 USD
CY2018 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
-4880000 USD
CY2018 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
47092000 USD
CY2018 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
149032000 USD
CY2018 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
348663000 USD
CY2018 us-gaap Stockholders Equity Other
StockholdersEquityOther
-1079000 USD
CY2019 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
279000 USD
CY2019 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
279000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
335257000 USD
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-17344000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
867015000 USD
CY2019 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
74962000 USD
CY2019 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
6761000 USD
CY2019 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
15660000 USD
CY2019 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
149101000 USD
CY2019 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
8378000 USD
CY2019 us-gaap Stockholders Equity Other
StockholdersEquityOther
0 USD
CY2019 us-gaap Profit Loss
ProfitLoss
323884000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-9079000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1108202000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
323884000 USD
CY2018 us-gaap Profit Loss
ProfitLoss
335257000 USD
CY2017 us-gaap Profit Loss
ProfitLoss
172492000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
234513000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
211036000 USD
CY2017 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
191108000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
74962000 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
63966000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
50054000 USD
CY2019 us-gaap Other Noncash Income
OtherNoncashIncome
32469000 USD
CY2018 us-gaap Other Noncash Income
OtherNoncashIncome
30130000 USD
CY2017 us-gaap Other Noncash Income
OtherNoncashIncome
27027000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-9484000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
23440000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
73614000 USD
CY2019 us-gaap Impairment Of Investments
ImpairmentOfInvestments
3558000 USD
CY2018 us-gaap Impairment Of Investments
ImpairmentOfInvestments
24263000 USD
CY2017 us-gaap Impairment Of Investments
ImpairmentOfInvestments
25395000 USD
CY2019 pii Noncash Loss From Manufacturing Affiliates
NoncashLossFromManufacturingAffiliates
1575000 USD
CY2018 pii Noncash Loss From Manufacturing Affiliates
NoncashLossFromManufacturingAffiliates
-8489000 USD
CY2017 pii Noncash Loss From Manufacturing Affiliates
NoncashLossFromManufacturingAffiliates
3401000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-6812000 USD
CY2018 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-20686000 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
17064000 USD
CY2019 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
149872000 USD
CY2018 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
149701000 USD
CY2017 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
26958000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
103766000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-984000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
39516000 USD
CY2019 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
98965000 USD
CY2018 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
7170000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
251374000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
225414000 USD
CY2017 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
94557000 USD
CY2019 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
4860000 USD
CY2018 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
-4490000 USD
CY2017 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
23410000 USD
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
6034000 USD
CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
14912000 USD
CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
17090000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
655036000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
477112000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
585408000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
184388000 USD
CY2019 us-gaap Payments For Proceeds From Businesses And Interest In Affiliates
PaymentsForProceedsFromBusinessesAndInterestInAffiliates
16953000 USD
CY2018 us-gaap Payments For Proceeds From Businesses And Interest In Affiliates
PaymentsForProceedsFromBusinessesAndInterestInAffiliates
12289000 USD
CY2017 us-gaap Payments For Proceeds From Businesses And Interest In Affiliates
PaymentsForProceedsFromBusinessesAndInterestInAffiliates
25230000 USD
CY2019 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
30840000 USD
CY2018 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
39125000 USD
CY2017 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
57502000 USD
CY2019 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
0 USD
CY2018 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
1113000 USD
CY2017 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
625000 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1800000 USD
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
759801000 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
-1645000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-239287000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-959492000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-151096000 USD
CY2019 us-gaap Proceeds From Long Term Capital Lease Obligations
ProceedsFromLongTermCapitalLeaseObligations
3368853000 USD
CY2018 us-gaap Proceeds From Long Term Capital Lease Obligations
ProceedsFromLongTermCapitalLeaseObligations
3553237000 USD
CY2017 us-gaap Proceeds From Long Term Capital Lease Obligations
ProceedsFromLongTermCapitalLeaseObligations
2186939000 USD
CY2019 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
3638864000 USD
CY2018 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
2579495000 USD
CY2017 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
2421473000 USD
CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
8378000 USD
CY2018 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
348663000 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
90461000 USD
CY2019 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
149101000 USD
CY2018 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
149032000 USD
CY2017 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
145423000 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-759000 USD
CY2018 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-9530000 USD
CY2017 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
9816000 USD
CY2019 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
15660000 USD
CY2018 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
47371000 USD
CY2017 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
42738000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-411830000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
523418000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-427680000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
3160000 USD
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
31508000 USD
CY2017 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
16448000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
193126000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
161618000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
145170000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
196286000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
193126000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
161618000 USD
CY2019 us-gaap Interest Paid
InterestPaid
76959000 USD
CY2018 us-gaap Interest Paid
InterestPaid
51014000 USD
CY2017 us-gaap Interest Paid
InterestPaid
30884000 USD
CY2019 us-gaap Income Taxes Paid
IncomeTaxesPaid
87844000 USD
CY2018 us-gaap Income Taxes Paid
IncomeTaxesPaid
73999000 USD
CY2017 us-gaap Income Taxes Paid
IncomeTaxesPaid
46308000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
157064000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
161164000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
138345000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
39222000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
31962000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
23273000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
196286000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
193126000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
161618000 USD
CY2018Q4 us-gaap Foreign Currency Contract Asset Fair Value Disclosure
ForeignCurrencyContractAssetFairValueDisclosure
48545000 USD
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;padding-bottom:8px;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">Use of estimates. </span><span style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Ultimate results could differ from those estimates.</span></div>
CY2019Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
1769292000 USD
CY2018Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
2013684000 USD
CY2019Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1693509000 USD
CY2018Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1962570000 USD
CY2019Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
344621000 USD
CY2018Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
233258000 USD
CY2019Q4 pii Parts Garments And Accessories
PartsGarmentsAndAccessories
356981000 USD
CY2018Q4 pii Parts Garments And Accessories
PartsGarmentsAndAccessories
342593000 USD
CY2019Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
476169000 USD
CY2018Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
442003000 USD
CY2019Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
56660000 USD
CY2018Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
48343000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
1121111000 USD
CY2018Q4 us-gaap Inventory Net
InventoryNet
969511000 USD
CY2019 us-gaap Revenue Recognition Incentives
RevenueRecognitionIncentives
<span style="font-family:inherit;font-size:10pt;font-style:italic;">Sales promotions and incentives. </span>Polaris provides for estimated sales promotion and incentive expenses, which are recognized as a component of sales in measuring the amount of consideration the Company expects to receive in exchange for transferring goods or providing services. Examples of sales promotion and incentive programs include dealer and consumer rebates, volume incentives, retail financing programs and sales associate incentives. Sales promotion and incentive expenses are estimated based on current programs and historical rates for each product line. The Company records these amounts as a liability in the consolidated balance sheet until they are ultimately paid. Actual results may differ from these estimates if market conditions dictate the need to enhance or reduce sales promotion and incentive programs or if the customer usage rate varies from historical trends. Adjustments to sales promotions and incentives accruals are made as actual usage becomes known in order to properly estimate the amounts necessary to generate consumer demand based on market conditions as of the balance sheet date.
CY2019 us-gaap Advertising Expense
AdvertisingExpense
77404000 USD
CY2018 us-gaap Advertising Expense
AdvertisingExpense
65001000 USD
CY2017 us-gaap Advertising Expense
AdvertisingExpense
75307000 USD
CY2018Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
121824000 USD
CY2017Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
123840000 USD
CY2016Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
119274000 USD
CY2019 us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
8809000 USD
CY2018 us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
19468000 USD
CY2017 us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
0 USD
CY2019 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
122909000 USD
CY2018 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
105015000 USD
CY2017 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
145705000 USD
CY2019 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
-117358000 USD
CY2018 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
-126499000 USD
CY2017 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
141139000 USD
CY2019Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
136184000 USD
CY2018Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
121824000 USD
CY2017Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
123840000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6782518000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6782518000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6078540000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6078540000 USD
CY2019Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
34254000 USD
CY2019Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
47301000 USD
CY2018Q4 us-gaap Deferred Revenue
DeferredRevenue
59915000 USD
CY2017Q4 us-gaap Deferred Revenue
DeferredRevenue
45760000 USD
CY2016Q4 us-gaap Deferred Revenue
DeferredRevenue
26157000 USD
CY2019 us-gaap Deferred Revenue Additions
DeferredRevenueAdditions
49565000 USD
CY2018 us-gaap Deferred Revenue Additions
DeferredRevenueAdditions
35610000 USD
CY2017 us-gaap Deferred Revenue Additions
DeferredRevenueAdditions
31617000 USD
CY2019 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
-27925000 USD
CY2018 us-gaap Deferred Revenue Revenue Recognized1
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-21455000 USD
CY2017 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
-12014000 USD
CY2019Q4 us-gaap Deferred Revenue
DeferredRevenue
81555000 USD
CY2018Q4 us-gaap Deferred Revenue
DeferredRevenue
59915000 USD
CY2017Q4 us-gaap Deferred Revenue
DeferredRevenue
45760000 USD
CY2019Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
34254000 USD
CY2018Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
25777000 USD
CY2019Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
47301000 USD
CY2018Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
34138000 USD
CY2019 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
21847000 USD
CY2018 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
23393000 USD
CY2017 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
18423000 USD
CY2019 pii Other Stock Based Compensation Expense
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48002000 USD
CY2019 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
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1
CY2018 pii Other Stock Based Compensation Expense
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28513000 USD
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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16624000 USD
CY2017 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
47267000 USD
CY2017 pii Other Stock Based Compensation Expense
OtherStockBasedCompensationExpense
28844000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
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69849000 USD
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
51906000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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12354000 USD
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
17555000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense Net Of Tax
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53225000 USD
CY2018 us-gaap Allocated Share Based Compensation Expense Net Of Tax
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39552000 USD
CY2017 us-gaap Allocated Share Based Compensation Expense Net Of Tax
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29712000 USD
CY2019Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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91538000 USD
CY2019 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y4M13D
CY2019Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
22841000 USD
CY2019Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
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68697000 USD
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y7M9D
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y25D
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
19.54
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
26.50
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
18.45
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
5136000 USD
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
73730000 USD
CY2019Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
35503000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
96.38
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
106.43
CY2017 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
8241000 USD
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
82.14
CY2019 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
10335000 USD
CY2018 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
10037000 USD
CY2019 pii Defined Contribution Plan Contributions By Employer
DefinedContributionPlanContributionsByEmployer
26185000 USD
CY2018 pii Defined Contribution Plan Contributions By Employer
DefinedContributionPlanContributionsByEmployer
24458000 USD
CY2017 pii Defined Contribution Plan Contributions By Employer
DefinedContributionPlanContributionsByEmployer
22101000 USD
CY2019Q4 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
133706 shares
CY2019Q4 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
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13598000 USD
CY2019 us-gaap Temporary Equity Other Changes
TemporaryEquityOtherChanges
11834000 USD
CY2019 us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
1764000 USD
CY2019Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
4135000 USD
CY2018Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
5256000 USD
CY2019Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
1693509000 USD
CY2018Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
1962570000 USD
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
166695000 USD
CY2018Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
66543000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1526814000 USD
CY2018Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1896027000 USD
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
1600183000 USD
CY2018Q4 us-gaap Long Term Debt
LongTermDebt
1862631000 USD
CY2017Q4 us-gaap Long Term Debt
LongTermDebt
883000000 USD
CY2019 us-gaap Line Of Credit Facility Average Outstanding Amount
LineOfCreditFacilityAverageOutstandingAmount
1911982000 USD
CY2018 us-gaap Line Of Credit Facility Average Outstanding Amount
LineOfCreditFacilityAverageOutstandingAmount
1474485000 USD
CY2017 us-gaap Line Of Credit Facility Average Outstanding Amount
LineOfCreditFacilityAverageOutstandingAmount
1133641000 USD
CY2019 us-gaap Line Of Credit Facility Maximum Amount Outstanding During Period
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2127940000 USD
CY2018 us-gaap Line Of Credit Facility Maximum Amount Outstanding During Period
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1999731000 USD
CY2017 us-gaap Line Of Credit Facility Maximum Amount Outstanding During Period
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1319105000 USD
CY2019Q4 us-gaap Debt Instrument Interest Rate Effective Percentage
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0.0329
CY2018Q4 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.0364
CY2017Q4 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.0291
CY2019Q4 us-gaap Letters Of Credit Outstanding Amount
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21637000 USD
CY2019Q4 us-gaap Derecognized Assets Securitized Or Assetbacked Financing Arrangement Assets And Any Other Financial Assets Managed Together Principal Amount Outstanding
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1884131000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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76634000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
659937000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
647077000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
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830298000 USD
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
870517000 USD
CY2019Q4 us-gaap Intangible Assets Net Including Goodwill
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1490235000 USD
CY2018Q4 us-gaap Intangible Assets Net Including Goodwill
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1517594000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
647077000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
433374000 USD
CY2019 us-gaap Goodwill Acquired During Period
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14157000 USD
CY2018 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
218191000 USD
CY2019 us-gaap Goodwill Foreign Currency Translation Gain Loss
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-1297000 USD
CY2018 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-4488000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
659937000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
647077000 USD
CY2018Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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964653000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
94136000 USD
CY2017Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
423846000 USD
CY2019 us-gaap Finite Lived Intangible Assets Purchase Accounting Adjustments
FiniteLivedIntangibleAssetsPurchaseAccountingAdjustments
1077000 USD
CY2018 us-gaap Finitelived Intangible Assets Acquired1
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557390000 USD
CY2019 pii Finite Lived Intangible Assets Disposalof Intangible Assets
FiniteLivedIntangibleAssetsDisposalofIntangibleAssets
-7114000 USD
CY2019 pii Amortizationof Intangible Assets Adjustmentfor Disposal
AmortizationofIntangibleAssetsAdjustmentforDisposal
7114000 USD
CY2018 pii Finite Lived Intangible Assets Disposalof Intangible Assets
FiniteLivedIntangibleAssetsDisposalofIntangibleAssets
-13659000 USD
CY2018 pii Amortizationof Intangible Assets Adjustmentfor Disposal
AmortizationofIntangibleAssetsAdjustmentforDisposal
13659000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
40882000 USD
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
32927000 USD
CY2019 us-gaap Finite Lived Intangible Assets Foreign Currency Translation Gain Loss
FiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
-1788000 USD
CY2019 pii Finite Lived Intangible Assets Accumulated Amortization Foreign Currency Translation Effect
FiniteLivedIntangibleAssetsAccumulatedAmortizationForeignCurrencyTranslationEffect
-1374000 USD
CY2018 us-gaap Finite Lived Intangible Assets Foreign Currency Translation Gain Loss
FiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
-2924000 USD
CY2018 pii Finite Lived Intangible Assets Accumulated Amortization Foreign Currency Translation Effect
FiniteLivedIntangibleAssetsAccumulatedAmortizationForeignCurrencyTranslationEffect
-1766000 USD
CY2019Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
956828000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
126530000 USD
CY2018Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
964653000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
94136000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
514798000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
126530000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
388268000 USD
CY2019Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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956828000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
126530000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
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830298000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
522354000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
94136000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
428218000 USD
CY2018Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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964653000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
94136000 USD
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
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870517000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
40882000 USD
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
32927000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
36056000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
33288000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
28323000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
25791000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
25023000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
239787000 USD
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.210
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
344346000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
344728000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
264207000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
63454000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
84521000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
54584000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
407800000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
429249000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
318791000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
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46441000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
39051000 USD
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
41134000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
18199000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3759000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
7264000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
26798000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
27539000 USD
CY2017 us-gaap Current Foreign Tax Expense Benefit
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22267000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-7522000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
23643000 USD
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
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75634000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
83916000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
93992000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
146299000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.210
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.023
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.019
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.014
CY2019 pii Effective Income Tax Rate Reconciliation Deduction For Qualifying Domestic Production Activities
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-0.021
CY2018 pii Effective Income Tax Rate Reconciliation Deduction For Qualifying Domestic Production Activities
EffectiveIncomeTaxRateReconciliationDeductionForQualifyingDomesticProductionActivities
-0.014
CY2017 pii Effective Income Tax Rate Reconciliation Deduction For Qualifying Domestic Production Activities
EffectiveIncomeTaxRateReconciliationDeductionForQualifyingDomesticProductionActivities
-0.005
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.040
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.031
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.056
CY2019 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.002
CY2018 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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-0.014
CY2017 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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-0.044
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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0.005
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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0.002
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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0.012
CY2019 pii Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Percent
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Percent
0
CY2018 pii Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Percent
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Percent
0.004
CY2017 pii Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Percent
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Percent
0.174
CY2019 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0
CY2018 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0
CY2017 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.020
CY2019 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.017
CY2018 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.013
CY2017 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.003
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.010
CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.030
CY2017 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.003
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.206
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.219
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.459
CY2019Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
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188033000 USD
CY2018Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
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186679000 USD
CY2019Q4 pii Deferred Tax Assets Inventory Noncurrent
DeferredTaxAssetsInventoryNoncurrent
18550000 USD
CY2018Q4 pii Deferred Tax Assets Inventory Noncurrent
DeferredTaxAssetsInventoryNoncurrent
11171000 USD
CY2019Q4 pii Deferred Tax Assets Tax Deferred Expense Reservesand Accruals Noncurrent
DeferredTaxAssetsTaxDeferredExpenseReservesandAccrualsNoncurrent
126593000 USD
CY2018Q4 pii Deferred Tax Assets Tax Deferred Expense Reservesand Accruals Noncurrent
DeferredTaxAssetsTaxDeferredExpenseReservesandAccrualsNoncurrent
105218000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Goodwill
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsGoodwill
35203000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Goodwill
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsGoodwill
22916000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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88145000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
72252000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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56286000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
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-26480000 USD
CY2019Q4 pii Deferred Tax Assets Leasing Arrangements
DeferredTaxAssetsLeasingArrangements
27115000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
61441000 USD
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
20079000 USD
CY2018Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
13847000 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
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100000 shares
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2969000 USD
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668000 USD
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2969000 USD
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110641000 USD
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1423428000 USD
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0 USD
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6133000 USD
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13478000 USD
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21359000 USD
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4318000 USD
CY2019Q4 us-gaap Operating Lease Liability
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112830000 USD
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16073000 USD
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CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P4Y5M19D
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28773000 USD
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56961000 USD
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1324651000 USD
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3570000 USD
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335257000 USD
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5.24

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