2022 Q1 Form 10-Q Financial Statement

#000162828022010440 Filed on April 26, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $1.957B $1.951B
YoY Change 0.29% 38.85%
Cost Of Revenue $1.561B $1.471B
YoY Change 6.11% 32.21%
Gross Profit $396.3M $480.5M
YoY Change -17.52% 64.05%
Gross Profit Margin 20.25% 24.63%
Selling, General & Admin $230.1M $233.0M
YoY Change -1.24% 1.88%
% of Gross Profit 58.06% 48.49%
Research & Development $82.80M $79.50M
YoY Change 4.15% 1.4%
% of Gross Profit 20.89% 16.55%
Depreciation & Amortization $61.30M $59.60M
YoY Change 2.85% -4.49%
% of Gross Profit 15.47% 12.4%
Operating Expenses $312.9M $312.5M
YoY Change 0.13% 1.76%
Operating Profit $94.80M $184.2M
YoY Change -48.53% 3249.09%
Interest Expense $11.80M $11.50M
YoY Change 2.61% -29.01%
% of Operating Profit 12.45% 6.24%
Other Income/Expense, Net $3.100M $2.500M
YoY Change 24.0% -377.78%
Pretax Income $86.10M $175.2M
YoY Change -50.86% -1610.34%
Income Tax $16.20M $41.00M
% Of Pretax Income 18.82% 23.4%
Net Earnings $69.90M $134.1M
YoY Change -47.87% -2583.33%
Net Earnings / Revenue 3.57% 6.87%
Basic Earnings Per Share $1.16 $2.16
Diluted Earnings Per Share $1.14 $2.11
COMMON SHARES
Basic Shares Outstanding 60.30M shares 62.00M shares
Diluted Shares Outstanding 61.20M shares 63.40M shares

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $375.4M $432.4M
YoY Change -13.18% 1.89%
Cash & Equivalents $375.4M $432.4M
Short-Term Investments
Other Short-Term Assets $146.7M $123.2M
YoY Change 19.07% 9.8%
Inventory $1.880B $1.340B
Prepaid Expenses
Receivables $251.1M $237.2M
Other Receivables $2.200M $400.0K
Total Short-Term Assets $2.655B $2.133B
YoY Change 24.47% 7.45%
LONG-TERM ASSETS
Property, Plant & Equipment $978.2M $879.0M
YoY Change 11.29% -0.8%
Goodwill $390.3M $393.7M
YoY Change -0.86% -40.2%
Intangibles $639.1M $677.1M
YoY Change -5.61% -17.43%
Long-Term Investments $33.30M $46.80M
YoY Change -28.85% -58.36%
Other Assets $91.40M $106.5M
YoY Change -14.18% 5.55%
Total Long-Term Assets $2.474B $2.381B
YoY Change 3.91% -14.33%
TOTAL ASSETS
Total Short-Term Assets $2.655B $2.133B
Total Long-Term Assets $2.474B $2.381B
Total Assets $5.129B $4.514B
YoY Change 13.63% -5.25%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $978.5M $869.1M
YoY Change 12.59% 56.28%
Accrued Expenses $704.7M $812.8M
YoY Change -13.3% 6.92%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $553.3M $142.1M
YoY Change 289.37% -14.76%
Total Short-Term Liabilities $2.251B $1.857B
YoY Change 21.22% 22.73%
LONG-TERM LIABILITIES
Long-Term Debt $1.394B $1.292B
YoY Change 7.92% -35.31%
Other Long-Term Liabilities $186.7M $179.5M
YoY Change 4.01% 26.94%
Total Long-Term Liabilities $186.7M $179.5M
YoY Change 4.01% 26.94%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.251B $1.857B
Total Long-Term Liabilities $186.7M $179.5M
Total Liabilities $3.997B $3.435B
YoY Change 16.36% -8.54%
SHAREHOLDERS EQUITY
Retained Earnings $45.00M $48.80M
YoY Change -7.79% -76.83%
Common Stock $600.0K $600.0K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.119B $1.059B
YoY Change
Total Liabilities & Shareholders Equity $5.129B $4.514B
YoY Change 13.63% -5.25%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income $69.90M $134.1M
YoY Change -47.87% -2583.33%
Depreciation, Depletion And Amortization $61.30M $59.60M
YoY Change 2.85% -4.49%
Cash From Operating Activities -$49.10M $56.00M
YoY Change -187.68% -178.43%
INVESTING ACTIVITIES
Capital Expenditures $57.40M $45.40M
YoY Change 26.43% -2.99%
Acquisitions
YoY Change
Other Investing Activities $18.20M $15.20M
YoY Change 19.74% 153.33%
Cash From Investing Activities -$39.20M -$30.20M
YoY Change 29.8% -25.98%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $172.3M $299.1M
YoY Change -42.39% 512.91%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$48.50M -$224.3M
YoY Change -78.38% -158.15%
NET CHANGE
Cash From Operating Activities -$49.10M $56.00M
Cash From Investing Activities -$39.20M -$30.20M
Cash From Financing Activities -$48.50M -$224.3M
Net Change In Cash -$137.1M -$202.8M
YoY Change -32.4% -175.5%
FREE CASH FLOW
Cash From Operating Activities -$49.10M $56.00M
Capital Expenditures $57.40M $45.40M
Free Cash Flow -$106.5M $10.60M
YoY Change -1104.72% -108.97%

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CY2021Q1 us-gaap Common Stock Dividends Per Share Cash Paid
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CY2022Q1 us-gaap Profit Loss
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CY2021Q1 us-gaap Profit Loss
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CY2021Q1 us-gaap Depreciation Depletion And Amortization
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59600000 USD
CY2022Q1 us-gaap Share Based Compensation
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CY2021Q1 us-gaap Share Based Compensation
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CY2022Q1 us-gaap Increase Decrease In Inventories
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CY2021Q1 us-gaap Increase Decrease In Inventories
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CY2021Q1 us-gaap Increase Decrease In Accounts Payable
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CY2021Q1 us-gaap Increase Decrease In Accrued Liabilities
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CY2022Q1 us-gaap Increase Decrease In Income Taxes
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CY2021Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
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56000000.0 USD
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
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CY2021Q1 us-gaap Payments To Acquire Property Plant And Equipment
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45400000 USD
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CY2021Q1 us-gaap Payments For Proceeds From Businesses And Interest In Affiliates
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CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2022Q1 us-gaap Proceeds From Issuance Of Long Term Debt
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CY2021Q1 us-gaap Proceeds From Issuance Of Long Term Debt
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95400000 USD
CY2022Q1 us-gaap Repayments Of Long Term Debt And Capital Securities
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CY2021Q1 us-gaap Repayments Of Long Term Debt And Capital Securities
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CY2022Q1 us-gaap Payments For Repurchase Of Common Stock
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172300000 USD
CY2021Q1 us-gaap Payments For Repurchase Of Common Stock
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299100000 USD
CY2022Q1 us-gaap Payments Of Dividends Common Stock
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CY2021Q1 us-gaap Payments Of Dividends Common Stock
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38600000 USD
CY2022Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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13900000 USD
CY2021Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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129300000 USD
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CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
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CY2022Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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-137100000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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529100000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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657500000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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392000000.0 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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454700000 USD
CY2022Q1 us-gaap Interest Paid Net
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CY2021Q1 us-gaap Interest Paid Net
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13700000 USD
CY2022Q1 us-gaap Income Taxes Paid Net
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10100000 USD
CY2021Q1 us-gaap Income Taxes Paid Net
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6900000 USD
CY2022Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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28600000 USD
CY2021Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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2700000 USD
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
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375400000 USD
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
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432400000 USD
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CY2021Q1 us-gaap Restricted Cash And Cash Equivalents
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CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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392000000.0 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
454700000 USD
CY2022Q1 us-gaap Inventory Raw Materials
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CY2021Q4 us-gaap Inventory Raw Materials
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720200000 USD
CY2022Q1 pii Parts Garments And Accessories
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481800000 USD
CY2021Q4 pii Parts Garments And Accessories
PartsGarmentsAndAccessories
417700000 USD
CY2022Q1 us-gaap Inventory Finished Goods
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CY2021Q4 us-gaap Inventory Finished Goods
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CY2022Q1 us-gaap Inventory Valuation Reserves
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CY2021Q4 us-gaap Inventory Valuation Reserves
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CY2022Q1 us-gaap Inventory Net
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CY2021Q4 us-gaap Inventory Net
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CY2022Q1 us-gaap Property Plant And Equipment Impairment
PropertyPlantAndEquipmentImpairment
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Property and equipment. </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Property and equipment is stated at cost. Depreciation is determined using the straight-line method over the estimated useful life of the respective assets, ranging from 10-40 years for buildings and improvements and from 1-7 years for equipment and tooling. Depreciation of assets recorded under finance leases is included within depreciation expense. Fully-depreciated tooling is eliminated from the accounting records annually. The Company recorded $54.4 million and $49.2 million of depreciation expense for the three months ended March 31, 2022 and 2021, respectively.</span><div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The major components of property and equipment are as follows (in millions): </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:6pt;margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:68.394%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.780%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.544%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.782%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">March 31, 2022</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2021</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Land, buildings and improvements</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">535.2 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">532.2 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Equipment and tooling</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,720.9 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,672.2 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,256.1 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,204.4 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Less: accumulated depreciation</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,277.9)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,229.0)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Property and equipment, net</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">978.2 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">975.4 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div>Substantially all of the Company’s property and equipment is located in North America.
CY2022Q1 us-gaap Depreciation
Depreciation
54400000 USD
CY2021Q1 us-gaap Depreciation
Depreciation
49200000 USD
CY2022Q1 pii Land Buildings And Building Improvements Gross
LandBuildingsAndBuildingImprovementsGross
535200000 USD
CY2021Q4 pii Land Buildings And Building Improvements Gross
LandBuildingsAndBuildingImprovementsGross
532200000 USD
CY2022Q1 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
1720900000 USD
CY2021Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
1672200000 USD
CY2022Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2256100000 USD
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2204400000 USD
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1277900000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1229000000 USD
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
978200000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
975400000 USD
CY2021Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
135100000 USD
CY2020Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
140800000 USD
CY2022Q1 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
27100000 USD
CY2021Q1 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
34600000 USD
CY2022Q1 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
33900000 USD
CY2021Q1 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
35500000 USD
CY2022Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
128300000 USD
CY2021Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
139900000 USD
CY2021 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
36800000 USD
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1956800000 USD
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1956800000 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1951100000 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1951100000 USD
CY2022Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
46000000 USD
CY2022Q1 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
86800000 USD
CY2021Q4 us-gaap Deferred Revenue
DeferredRevenue
126400000 USD
CY2020Q4 us-gaap Deferred Revenue
DeferredRevenue
107100000 USD
CY2022Q1 us-gaap Deferred Revenue Additions
DeferredRevenueAdditions
18200000 USD
CY2021Q1 us-gaap Deferred Revenue Additions
DeferredRevenueAdditions
20600000 USD
CY2022Q1 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
11800000 USD
CY2021Q1 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
11100000 USD
CY2022Q1 us-gaap Deferred Revenue
DeferredRevenue
132800000 USD
CY2021Q1 us-gaap Deferred Revenue
DeferredRevenue
116600000 USD
CY2022Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
46000000 USD
CY2021Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
40800000 USD
CY2022Q1 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
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5500000 USD
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25000000 USD
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25000000 USD
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23800000 USD
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6600000 USD
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10600000 USD
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9600000 USD
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2600000 USD
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2300000 USD
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8000000.0 USD
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7300000 USD
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84000000 USD
CY2022Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
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P1Y9M18D
CY2022Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
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11100000 USD
CY2022Q1 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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72900000 USD
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0.0521
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12900000 USD
CY2021Q4 us-gaap Finance Lease Liability
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13500000 USD
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6700000 USD
CY2021Q4 us-gaap Unamortized Debt Issuance Expense
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553300000 USD
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270300000 USD
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CY2022Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
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CY2022Q1 us-gaap Goodwill
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CY2020Q4 us-gaap Goodwill Gross
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CY2020Q4 us-gaap Goodwill
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CY2021Q1 us-gaap Goodwill Foreign Currency Translation Gain Loss
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CY2021Q1 us-gaap Goodwill Gross
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664000000.0 USD
CY2021Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
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270300000 USD
CY2022Q1 us-gaap Finite Lived Intangible Asset Useful Life
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P17Y
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429600000 USD
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CY2022Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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120300000 USD
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309300000 USD
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316100000 USD
CY2022Q1 us-gaap Intangible Assets Net Excluding Goodwill
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639100000 USD
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646200000 USD
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6900000 USD
CY2021Q1 us-gaap Amortization Of Intangible Assets
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8700000 USD
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19400000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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25100000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
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173300000 USD
CY2022Q1 us-gaap Stock Repurchased And Retired During Period Value
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172300000 USD
CY2022Q1 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
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681700000 shares
CY2022Q1 us-gaap Common Stock Dividends Per Share Cash Paid
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0.64
CY2022Q1 us-gaap Common Stock Dividends Per Share Cash Paid
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0.64
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0.63
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59900000 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Issued Basic
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61600000 shares
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200000 shares
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300000 shares
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200000 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
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100000 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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60300000 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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62000000.0 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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61200000 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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63400000 shares
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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1300000 shares
CY2021Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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1000000 shares
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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CY2022Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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-800000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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-800000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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6800000 USD
CY2022Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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-69800000 USD
CY2022Q1 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
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800000 USD
CY2021Q1 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
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2200000 USD
CY2022Q1 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
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33300000 USD
CY2022Q1 us-gaap Loss Contingency Accrual At Carrying Value
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74900000 USD
CY2022Q1 pii Loss Contingency Number Of Class Actions
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2 class_action
CY2022Q1 us-gaap Number Of Operating Segments
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4 segment
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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1956800000 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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1951100000 USD
CY2022Q1 us-gaap Gross Profit
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396300000 USD
CY2021Q1 us-gaap Gross Profit
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480500000 USD

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