2019 Q4 Form 10-K Financial Statement

#000148179221000008 Filed on February 24, 2021

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2019 Q2
Revenue $1.070B $943.6M $948.9M
YoY Change -4.89% -8.31% -6.56%
Cost Of Revenue $867.9M $764.5M $771.5M
YoY Change -5.36% -1.61% -6.68%
Gross Profit $202.0M $179.1M $177.4M
YoY Change -2.79% -28.96% -6.04%
Gross Profit Margin 18.88% 18.98% 18.7%
Selling, General & Admin $107.1M $99.60M $96.40M
YoY Change 18.87% 11.66% -2.82%
% of Gross Profit 53.02% 55.61% 54.34%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $50.20M $41.30M $41.60M
YoY Change -12.08% -6.14% -16.97%
% of Gross Profit 24.85% 23.06% 23.45%
Operating Expenses $157.3M $99.60M $96.40M
YoY Change 10.0% 11.66% -2.82%
Operating Profit $44.70M -$29.40M $18.70M
YoY Change -31.02% -162.55% -10.53%
Interest Expense -$20.40M $22.00M $25.80M
YoY Change 5.7% 20.22% 40.22%
% of Operating Profit -45.64% 137.97%
Other Income/Expense, Net $1.500M $1.500M $1.500M
YoY Change -51.61% -51.61% -51.61%
Pretax Income $10.10M -$64.50M -$5.600M
YoY Change -171.63% -302.83% -200.0%
Income Tax $3.600M -$17.60M -$3.200M
% Of Pretax Income 35.64%
Net Earnings $7.500M -$126.5M -$14.80M
YoY Change -136.06% -640.6% -257.45%
Net Earnings / Revenue 0.7% -13.41% -1.56%
Basic Earnings Per Share -$2.52 -$0.30
Diluted Earnings Per Share $150.0K -$2.52 -$0.30
COMMON SHARES
Basic Shares Outstanding 50.10M shares 50.10M shares
Diluted Shares Outstanding 50.10M shares 50.10M shares

Balance Sheet

Concept 2019 Q4 2019 Q3 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $78.70M $18.20M $10.00M
YoY Change 13.24% 188.89% 12.36%
Cash & Equivalents $78.70M $18.20M $10.00M
Short-Term Investments
Other Short-Term Assets $109.0M $46.40M $49.60M
YoY Change 141.15% -19.44% -27.17%
Inventory $210.5M $288.6M $269.5M
Prepaid Expenses
Receivables $456.1M $472.0M $510.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $910.9M $865.0M $839.1M
YoY Change -3.77% -10.95% -4.44%
LONG-TERM ASSETS
Property, Plant & Equipment $1.037B $1.080B $1.217B
YoY Change -10.17% -15.95% -6.86%
Goodwill $103.0M $103.0M $113.2M
YoY Change 131.46% 85.59% 101.78%
Intangibles $137.2M $149.7M $161.7M
YoY Change 21.85% 23.01% 25.84%
Long-Term Investments $3.600M $2.900M $3.200M
YoY Change -10.0% -19.44% -8.57%
Other Assets $127.5M $126.2M $87.50M
YoY Change 42.94% 29.97% -9.7%
Total Long-Term Assets $1.506B $1.603B $1.708B
YoY Change -1.07% 2.6% 7.31%
TOTAL ASSETS
Total Short-Term Assets $910.9M $865.0M $839.1M
Total Long-Term Assets $1.506B $1.603B $1.708B
Total Assets $2.417B $2.468B $2.547B
YoY Change -2.11% -2.6% 3.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $416.7M $416.3M $435.0M
YoY Change -16.04% -3.63% 9.82%
Accrued Expenses $303.0M $277.3M $264.6M
YoY Change 6.28% -1.91% -2.76%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $40.00M $66.00M $53.10M
YoY Change -6.76% 56.03% 43.9%
Total Short-Term Liabilities $813.4M $818.9M $793.0M
YoY Change -4.45% 7.45% 11.61%
LONG-TERM LIABILITIES
Long-Term Debt $1.059B $1.099B $1.044B
YoY Change 19.93% 8.17% 5.12%
Other Long-Term Liabilities $221.1M $207.2M $211.7M
YoY Change -4.62% 10.57% 2.92%
Total Long-Term Liabilities $1.280B $1.306B $1.256B
YoY Change 14.82% 8.54% 4.75%
TOTAL LIABILITIES
Total Short-Term Liabilities $813.4M $818.9M $793.0M
Total Long-Term Liabilities $1.280B $1.306B $1.256B
Total Liabilities $2.173B $2.227B $2.158B
YoY Change 8.16% 10.22% 9.72%
SHAREHOLDERS EQUITY
Retained Earnings -$423.5M -$423.1M -$280.7M
YoY Change 100.33% 141.77% 53.64%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $31.50M $30.40M $30.00M
YoY Change -44.35% -46.29% -45.45%
Treasury Stock Shares 1.600M shares
Shareholders Equity $226.6M $223.4M $372.0M
YoY Change
Total Liabilities & Shareholders Equity $2.417B $2.468B $2.547B
YoY Change -2.11% -2.6% 3.13%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2019 Q2
OPERATING ACTIVITIES
Net Income $7.500M -$126.5M -$14.80M
YoY Change -136.06% -640.6% -257.45%
Depreciation, Depletion And Amortization $50.20M $41.30M $41.60M
YoY Change -12.08% -6.14% -16.97%
Cash From Operating Activities $151.4M -$12.20M $74.90M
YoY Change -29.25% -300.0% 95.56%
INVESTING ACTIVITIES
Capital Expenditures -$12.50M -$23.90M -$29.30M
YoY Change 10.62% -23.4% -1.01%
Acquisitions
YoY Change
Other Investing Activities $200.0K $8.700M $6.900M
YoY Change -98.08% -35.07% -15.85%
Cash From Investing Activities -$12.30M -$15.20M -$22.40M
YoY Change 1266.67% -14.61% 4.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -78.70M 35.90M -53.10M
YoY Change -47.57% 290.22% 44.29%
NET CHANGE
Cash From Operating Activities 151.4M -12.20M 74.90M
Cash From Investing Activities -12.30M -15.20M -22.40M
Cash From Financing Activities -78.70M 35.90M -53.10M
Net Change In Cash 60.40M 8.500M -600.0K
YoY Change -4.13% -440.0% -96.98%
FREE CASH FLOW
Cash From Operating Activities $151.4M -$12.20M $74.90M
Capital Expenditures -$12.50M -$23.90M -$29.30M
Free Cash Flow $163.9M $11.70M $104.2M
YoY Change -27.25% -68.63% 53.46%

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CY2019Q4 us-gaap Preferred Stock Shares Authorized
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CY2020Q4 us-gaap Preferred Stock Shares Authorized
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500000 shares
CY2020Q4 us-gaap Preferred Stock Shares Issued
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0 shares
CY2019Q4 us-gaap Preferred Stock Shares Issued
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0 shares
CY2020Q4 us-gaap Additional Paid In Capital
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CY2019Q4 us-gaap Additional Paid In Capital
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CY2020Q4 us-gaap Treasury Stock Shares
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700000 shares
CY2019Q4 us-gaap Treasury Stock Shares
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1600000 shares
CY2020Q4 us-gaap Treasury Stock Value
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13100000 USD
CY2019Q4 us-gaap Treasury Stock Value
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31500000 USD
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
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-566000000.0 USD
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
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-423500000 USD
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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-171300000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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-167200000 USD
CY2020Q4 us-gaap Stockholders Equity
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84100000 USD
CY2019Q4 us-gaap Stockholders Equity
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226600000 USD
CY2020Q4 us-gaap Minority Interest
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700000 USD
CY2019Q4 us-gaap Minority Interest
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17700000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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84800000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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244300000 USD
CY2020Q4 us-gaap Liabilities And Stockholders Equity
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1927700000 USD
CY2019Q4 us-gaap Liabilities And Stockholders Equity
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2417100000 USD
CY2020 us-gaap Profit Loss
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-128500000 USD
CY2019 us-gaap Profit Loss
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-156300000 USD
CY2020 quad Depreciation And Amortization Including Discontinued Operation
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181600000 USD
CY2019 quad Depreciation And Amortization Including Discontinued Operation
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223100000 USD
CY2020 us-gaap Asset Impairment Charges
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75600000 USD
CY2019 us-gaap Asset Impairment Charges
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100000000.0 USD
CY2020 quad Disposal Group Including Discontinued Operation Impairment Of Goodwill
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0 USD
CY2019 quad Disposal Group Including Discontinued Operation Impairment Of Goodwill
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10100000 USD
CY2020 us-gaap Amortization Of Financing Costs And Discounts
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2600000 USD
CY2019 us-gaap Amortization Of Financing Costs And Discounts
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3600000 USD
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
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-1800000 USD
CY2019 us-gaap Gains Losses On Extinguishment Of Debt
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-30500000 USD
CY2020 us-gaap Share Based Compensation
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10600000 USD
CY2019 us-gaap Share Based Compensation
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13600000 USD
CY2020 us-gaap Gain Loss On Sale Of Property Plant Equipment
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1800000 USD
CY2019 us-gaap Gain Loss On Sale Of Property Plant Equipment
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6600000 USD
CY2020 us-gaap Gain Loss On Sale Of Business
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-3500000 USD
CY2019 us-gaap Gain Loss On Sale Of Business
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8400000 USD
CY2020 us-gaap Insured Event Gain Loss
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4700000 USD
CY2019 us-gaap Insured Event Gain Loss
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800000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
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48500000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
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-57100000 USD
CY2020 us-gaap Income Loss From Equity Method Investments
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-200000 USD
CY2019 us-gaap Income Loss From Equity Method Investments
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-300000 USD
CY2020 us-gaap Increase Decrease In Receivables
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-72800000 USD
CY2019 us-gaap Increase Decrease In Receivables
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-57100000 USD
CY2020 us-gaap Increase Decrease In Inventories
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-45800000 USD
CY2019 us-gaap Increase Decrease In Inventories
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-61300000 USD
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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-200000 USD
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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8500000 USD
CY2020 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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-90500000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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-87600000 USD
CY2020 us-gaap Increase Decrease In Other Operating Capital Net
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27500000 USD
CY2019 us-gaap Increase Decrease In Other Operating Capital Net
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18800000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
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190200000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
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155500000 USD
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
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61000000.0 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
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111000000.0 USD
CY2020 us-gaap Payments To Acquire Additional Interest In Subsidiaries
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500000 USD
CY2019 us-gaap Payments To Acquire Additional Interest In Subsidiaries
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0 USD
CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
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7400000 USD
CY2019 us-gaap Proceeds From Sale Of Property Plant And Equipment
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17500000 USD
CY2020 us-gaap Proceeds From Divestiture Of Businesses
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61300000 USD
CY2019 us-gaap Proceeds From Divestiture Of Businesses
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11100000 USD
CY2020 us-gaap Proceeds From Insurance Settlement Investing Activities
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4800000 USD
CY2019 us-gaap Proceeds From Insurance Settlement Investing Activities
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300000 USD
CY2020 us-gaap Payments For Proceeds From Loans Receivable
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0 USD
CY2019 us-gaap Payments For Proceeds From Loans Receivable
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5000000.0 USD
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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2200000 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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121000000.0 USD
CY2020 us-gaap Payments For Proceeds From Other Investing Activities
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100000 USD
CY2019 us-gaap Payments For Proceeds From Other Investing Activities
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0 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
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9700000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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-208100000 USD
CY2020 us-gaap Proceeds From Issuance Of Secured Debt
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1000000.0 USD
CY2019 us-gaap Proceeds From Issuance Of Secured Debt
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1285100000 USD
CY2020 us-gaap Repayments Of Other Long Term Debt
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177900000 USD
CY2019 us-gaap Repayments Of Other Long Term Debt
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1119400000 USD
CY2020 us-gaap Repayments Of Long Term Capital Lease Obligations
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7400000 USD
CY2019 us-gaap Repayments Of Long Term Capital Lease Obligations
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8700000 USD
CY2020 us-gaap Proceeds From Long Term Lines Of Credit
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350600000 USD
CY2019 us-gaap Proceeds From Long Term Lines Of Credit
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3636100000 USD
CY2020 us-gaap Repayments Of Long Term Lines Of Credit
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351700000 USD
CY2019 us-gaap Repayments Of Long Term Lines Of Credit
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3642100000 USD
CY2020 us-gaap Payments Of Debt Issuance Costs
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2700000 USD
CY2019 us-gaap Payments Of Debt Issuance Costs
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20200000 USD
CY2020 quad Change In Ownership Of Noncontrolling Interests
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22400000 USD
CY2019 quad Change In Ownership Of Noncontrolling Interests
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0 USD
CY2020 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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1000000.0 USD
CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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6600000 USD
CY2020 us-gaap Payments Of Dividends
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9500000 USD
CY2019 us-gaap Payments Of Dividends
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57100000 USD
CY2020 us-gaap Proceeds From Payments For Other Financing Activities
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-2600000 USD
CY2019 us-gaap Proceeds From Payments For Other Financing Activities
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-5300000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
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-223600000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
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61800000 USD
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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200000 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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0 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-23500000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
9200000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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78700000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
69500000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
55200000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
78700000 USD
CY2019 us-gaap Common Stock Dividends Per Share Declared
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1.05
CY2019 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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3100000 USD
CY2020 us-gaap Common Stock Dividends Per Share Declared
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0.15
CY2020 us-gaap Nature Of Operations
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<div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Nature of Operations</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">—As a worldwide marketing solutions partner, Quad leverages its 50-year heritage of platform excellence, innovation, strong culture and social purpose to create a better way for its clients, employees and communities. The Company’s integrated marketing platform helps brands and marketers reduce complexity, increase efficiency and enhance marketing spend effectiveness. Quad provides its clients with unmatched scale for on-site services and expanded subject expertise in marketing strategy, creative solutions, media deployment and marketing management services. With a client-centric approach that drives the Company to continuously evolve its offering, combined with leading-edge technology and single-source simplicity, the Company has the resources and knowledge to help a wide variety of clients in multiple vertical industries, including retail, publishing, consumer technology, consumer packaged goods, financial services, insurance, healthcare and direct-to-consumer.</span></div><div style="text-indent:36pt"><span><br/></span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company operates primarily in the commercial print portion of the printing industry as a printer of retail inserts, publications, catalogs, special interest publications, journals, direct mail, directories, in-store marketing and promotion, packaging, newspapers, custom print products, other commercial and specialty printed products and global paper procurement. The Company’s products and services for a variety of industries are sold primarily throughout North America, South America and Europe. In addition, the Company strategically sources packaging product manufacturing over multiple end markets in Central America and Asia.</span></div>
CY2019 us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
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31500000 USD
CY2020 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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-2000000.0 USD
CY2020 us-gaap Goodwill Acquired During Period
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0 USD
CY2019 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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1200000 USD
CY2020 us-gaap Use Of Estimates
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<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">—The preparation of consolidated financial statements requires the use of management’s estimates and assumptions that affect the reported assets and liabilities, disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting periods. Actual results could differ from these estimates. Estimates are used when accounting for items and matters including, but not limited to: allowances for doubtful accounts, inventory obsolescence, asset valuations and useful lives, pension and postretirement benefits, self-insurance reserves, stock-based compensation, taxes, restructuring and other provisions and contingencies.</span>
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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15000000.0 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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10100000 USD
CY2020 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
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5000000.0 USD
CY2020 us-gaap Research And Development Expense
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3000000.0 USD
CY2019 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
3600000 USD
CY2020 quad Cashand Cash Equivalents Maximum Maturity Periodof Highly Liquid Cash Investments
CashandCashEquivalentsMaximumMaturityPeriodofHighlyLiquidCashInvestments
P3M
CY2019 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
97200000 USD
CY2020 us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
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2800000 USD
CY2019 us-gaap Goodwill Acquired During Period
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58500000 USD
CY2020 quad Purchase Price Payable On Business Exchange Transaction
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0 USD
CY2019 quad Purchase Price Payable On Business Exchange Transaction
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CY2020 us-gaap Interest Paid Net
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52300000 USD
CY2019 us-gaap Interest Paid Net
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77100000 USD
CY2020 us-gaap Income Taxes Paid Net
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2700000 USD
CY2019 us-gaap Income Taxes Paid Net
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9200000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
1400000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
7700000 USD
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
2200000 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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121000000.0 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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2929600000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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3923400000 USD
CY2019 us-gaap Goodwill Impairment Loss
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0 USD
CY2020 us-gaap Other Asset Impairment Charges
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64100000 USD
CY2019Q4 us-gaap Capitalized Contract Cost Net
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12700000 USD
CY2020 quad Capitalized Contract Costs Additional Costs Incurred During Period
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1000000.0 USD
CY2020 us-gaap Capitalized Contract Cost Amortization
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5000000.0 USD
CY2020Q4 us-gaap Capitalized Contract Cost Net
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8700000 USD
CY2020Q4 us-gaap Revenue Remaining Performance Obligation
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0 USD
CY2020 us-gaap Severance Costs1
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34700000 USD
CY2019 us-gaap Severance Costs1
SeveranceCosts1
22200000 USD
CY2020 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1400000 USD
CY2020 us-gaap Other Restructuring Costs
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22000000.0 USD
CY2019 us-gaap Other Restructuring Costs
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4400000 USD
CY2020 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
64100000 USD
CY2019 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
7900000 USD
CY2020 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1400000 USD
CY2019 us-gaap Business Combination Acquisition Related Costs
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51600000 USD
CY2020 quad Integration Related Costs Recovery
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1900000 USD
CY2019 quad Integration Related Costs Recovery
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3300000 USD
CY2020 us-gaap Other Restructuring Costs
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22000000.0 USD
CY2019 us-gaap Other Restructuring Costs
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4400000 USD
CY2020 us-gaap Restructuring Settlement And Impairment Provisions
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124100000 USD
CY2019 us-gaap Restructuring Settlement And Impairment Provisions
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89400000 USD
CY2019Q4 us-gaap Gain Loss On Sale Of Properties
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8400000 USD
CY2020 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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22100000 USD
CY2019 us-gaap Tangible Asset Impairment Charges
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7900000 USD
CY2019 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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7600000 USD
CY2019 us-gaap Impairment Of Real Estate
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300000 USD
CY2019 us-gaap Business Combination Acquisition Related Costs
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51600000 USD
CY2018Q4 us-gaap Restructuring Reserve
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27800000 USD
CY2019 us-gaap Restructuring Settlement And Impairment Provisions
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89400000 USD
CY2019 us-gaap Payments For Restructuring
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77600000 USD
CY2019 us-gaap Restructuring Reserve Accrual Adjustment1
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-15100000 USD
CY2019Q4 us-gaap Restructuring Reserve
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24500000 USD
CY2020 us-gaap Restructuring Settlement And Impairment Provisions
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124100000 USD
CY2020 us-gaap Payments For Restructuring
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44000000.0 USD
CY2020 us-gaap Restructuring Reserve Accrual Adjustment1
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-63700000 USD
CY2020Q4 us-gaap Restructuring Reserve
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40900000 USD
CY2020 us-gaap Goodwill Impairment Loss
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0 USD
CY2020Q4 us-gaap Goodwill Gross
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911300000 USD
CY2020Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
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808300000 USD
CY2020Q4 us-gaap Goodwill
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103000000.0 USD
CY2018Q4 us-gaap Goodwill
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44500000 USD
CY2019Q4 us-gaap Goodwill
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103000000.0 USD
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651800000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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547500000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
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104300000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
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648800000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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511600000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
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137200000 USD
CY2019 us-gaap Impairment Of Intangible Assets Excluding Goodwill
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0 USD
CY2020 us-gaap Impairment Of Intangible Assets Excluding Goodwill
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0 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
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300000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
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104300000 USD
CY2020 us-gaap Amortization Of Intangible Assets
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39100000 USD
CY2019 us-gaap Amortization Of Intangible Assets
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44800000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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31600000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
29800000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
25500000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
14700000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
2400000 USD
CY2020 us-gaap Provision For Doubtful Accounts
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9100000 USD
CY2019 us-gaap Provision For Doubtful Accounts
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5600000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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33800000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
25000000.0 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
25000000.0 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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27400000 USD
CY2020 us-gaap Provision For Doubtful Accounts
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9100000 USD
CY2019 us-gaap Provision For Doubtful Accounts
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5600000 USD
CY2020 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
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8800000 USD
CY2019 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
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7800000 USD
CY2020 quad Allowancefor Doubtful Accounts Receivable Translationand Other
AllowanceforDoubtfulAccountsReceivableTranslationandOther
-100000 USD
CY2019 quad Allowancefor Doubtful Accounts Receivable Translationand Other
AllowanceforDoubtfulAccountsReceivableTranslationandOther
200000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
33800000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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25000000.0 USD
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CY2020 us-gaap Depreciation
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CY2019 us-gaap Depreciation
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CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P5Y1M6D
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19100000 USD
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13100000 USD
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33200000 USD
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43100000 USD
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CY2019Q4 us-gaap Deferred Tax Liabilities
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CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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900000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
7800000 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
6100000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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CY2020 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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1000000.0 USD
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4300000 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
100000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
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11600000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
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17800000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
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