2020 Q4 Form 10-K Financial Statement

#000088283521000011 Filed on February 22, 2021

View on sec.gov

Income Statement

Concept 2020 Q4 2019 Q4 2019 Q3
Revenue $1.336B $1.395B $1.355B
YoY Change -4.24% 1.34% 2.71%
Cost Of Revenue $434.7M $149.8M $480.9M
YoY Change 190.19% -70.23% 0.46%
Gross Profit $900.9M $892.9M $873.6M
YoY Change 0.9% 2.27% 4.0%
Gross Profit Margin 67.45% 64.02% 64.5%
Selling, General & Admin $557.9M $377.6M $488.4M
YoY Change 47.75% -25.77% 5.6%
% of Gross Profit 61.93% 42.29% 55.91%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $162.7M $116.9M $106.3M
YoY Change 39.18% 24.23% 12.25%
% of Gross Profit 18.06% 13.09% 12.17%
Operating Expenses $557.9M $377.6M $488.4M
YoY Change 47.75% -25.77% 5.6%
Operating Profit $343.0M $398.4M $385.2M
YoY Change -13.91% 9.33% 2.04%
Interest Expense -$63.70M -$48.60M $48.80M
YoY Change 31.07% 2.75% 0.83%
% of Operating Profit -18.57% -12.2% 12.67%
Other Income/Expense, Net $400.0K -$2.800M $1.500M
YoY Change -114.29% -380.0% -193.75%
Pretax Income $279.7M $978.0M $337.9M
YoY Change -71.4% 207.45% 8.44%
Income Tax $54.70M $234.8M $60.40M
% Of Pretax Income 19.56% 24.01% 17.88%
Net Earnings $255.8M $871.1M $277.5M
YoY Change -70.63% 238.82% 12.08%
Net Earnings / Revenue 19.15% 62.45% 20.49%
Basic Earnings Per Share $2.44 $8.37 $2.67
Diluted Earnings Per Share $2.41 $8.28 $2.64
COMMON SHARES
Basic Shares Outstanding 104.9M shares 104.1M shares 104.0M shares
Diluted Shares Outstanding 105.2M shares

Balance Sheet

Concept 2020 Q4 2019 Q4 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $308.0M $710.0M $323.0M
YoY Change -56.62% 95.05% -11.02%
Cash & Equivalents $308.3M $709.7M $323.0M
Short-Term Investments
Other Short-Term Assets $114.3M $97.60M $101.5M
YoY Change 17.11% 22.0% 21.85%
Inventory $165.1M $198.6M $205.0M
Prepaid Expenses
Receivables $745.7M $791.6M $697.6M
Other Receivables $22.00M $19.00M $35.00M
Total Short-Term Assets $1.752B $2.000B $1.619B
YoY Change -12.36% 24.14% 0.71%
LONG-TERM ASSETS
Property, Plant & Equipment $127.3M $139.9M $142.6M
YoY Change -9.01% 8.7% 9.52%
Goodwill $13.97B $10.39B $10.75B
YoY Change 34.45% 11.13% 14.31%
Intangibles $7.168B $4.668B $4.731B
YoY Change 53.57% 21.49% 21.71%
Long-Term Investments
YoY Change
Other Assets $386.2M $390.8M $393.8M
YoY Change -1.18% 286.55% 286.08%
Total Long-Term Assets $22.27B $16.11B $16.20B
YoY Change 38.26% 18.11% 18.79%
TOTAL ASSETS
Total Short-Term Assets $1.752B $2.000B $1.619B
Total Long-Term Assets $22.27B $16.11B $16.20B
Total Assets $24.02B $18.11B $17.82B
YoY Change 32.67% 18.75% 16.88%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $177.8M $162.0M $157.0M
YoY Change 9.75% -2.0% -4.27%
Accrued Expenses $418.6M $346.2M $529.0M
YoY Change 20.91% 34.19% 14.25%
Deferred Revenue $990.2M $831.8M $745.7M
YoY Change 19.04% 22.7% 14.88%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $499.4M $602.2M $2.900M
YoY Change -17.07% 40046.67% -99.64%
Total Short-Term Liabilities $2.444B $2.397B $1.501B
YoY Change 1.96% 65.54% -29.18%
LONG-TERM LIABILITIES
Long-Term Debt $9.061B $4.673B $6.195B
YoY Change 93.91% -5.41% 40.34%
Other Long-Term Liabilities $443.6M $438.4M $437.7M
YoY Change 1.19% 128.93% 122.41%
Total Long-Term Liabilities $9.505B $5.112B $6.633B
YoY Change 85.95% -0.39% 43.84%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.444B $2.397B $1.501B
Total Long-Term Liabilities $9.505B $5.112B $6.633B
Total Liabilities $13.55B $8.617B $9.248B
YoY Change 57.19% 14.73% 20.25%
SHAREHOLDERS EQUITY
Retained Earnings $8.546B $7.818B $7.000B
YoY Change 9.31% 25.13% 15.93%
Common Stock $1.100M $1.100M $1.100M
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $18.00M $18.30M $18.30M
YoY Change -1.64% -1.08% -1.61%
Treasury Stock Shares 1.800M shares 1.800M shares
Shareholders Equity $10.48B $9.492B $8.571B
YoY Change
Total Liabilities & Shareholders Equity $24.02B $18.11B $17.82B
YoY Change 32.67% 18.75% 16.88%

Cashflow Statement

Concept 2020 Q4 2019 Q4 2019 Q3
OPERATING ACTIVITIES
Net Income $255.8M $871.1M $277.5M
YoY Change -70.63% 238.82% 12.08%
Depreciation, Depletion And Amortization $162.7M $116.9M $106.3M
YoY Change 39.18% 24.23% 12.25%
Cash From Operating Activities $574.2M $466.2M $404.5M
YoY Change 23.17% 0.45% -3.28%
INVESTING ACTIVITIES
Capital Expenditures -$16.10M -$13.00M -$17.10M
YoY Change 23.85% -24.42% 23.02%
Acquisitions
YoY Change
Other Investing Activities -$364.8M $900.8M -$1.813B
YoY Change -140.5% -1129.49% 30622.03%
Cash From Investing Activities -$380.9M $887.8M -$1.830B
YoY Change -142.9% -947.95% 9140.91%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -199.5M -975.1M 1.435B
YoY Change -79.54% 180.77% -413.87%
NET CHANGE
Cash From Operating Activities 574.2M 466.2M 404.5M
Cash From Investing Activities -380.9M 887.8M -1.830B
Cash From Financing Activities -199.5M -975.1M 1.435B
Net Change In Cash -6.200M 378.9M 9.800M
YoY Change -101.64% 3031.4% -116.67%
FREE CASH FLOW
Cash From Operating Activities $574.2M $466.2M $404.5M
Capital Expenditures -$16.10M -$13.00M -$17.10M
Free Cash Flow $590.3M $479.2M $421.6M
YoY Change 23.18% -0.44% -2.43%

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5400000 USD
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CY2018 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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CY2018 us-gaap Stock Issued During Period Value Share Based Compensation
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132900000 USD
CY2018 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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CY2018 us-gaap Common Stock Dividends Per Share Declared
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1.70
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CY2018Q4 us-gaap Stockholders Equity
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CY2019 us-gaap Stock Issued During Period Value Stock Options Exercised
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64900000 USD
CY2019 us-gaap Stock Issued During Period Value Treasury Stock Reissued
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6800000 USD
CY2019 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
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CY2019 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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30500000 USD
CY2019 us-gaap Stock Issued During Period Value Share Based Compensation
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110900000 USD
CY2019 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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CY2019 us-gaap Common Stock Dividends Per Share Declared
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1.90
CY2019 us-gaap Dividends Common Stock
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197600000 USD
CY2019Q4 us-gaap Stockholders Equity
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9491900000 USD
CY2020 us-gaap Net Income Loss
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949700000 USD
CY2020 us-gaap Stock Issued During Period Value Stock Options Exercised
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105500000 USD
CY2020 us-gaap Stock Issued During Period Value Treasury Stock Reissued
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10500000 USD
CY2020 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
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14600000 USD
CY2020 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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65800000 USD
CY2020 us-gaap Stock Issued During Period Value Share Based Compensation
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119000000.0 USD
CY2020 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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CY2020 us-gaap Common Stock Dividends Per Share Declared
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2.10
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219800000 USD
CY2020Q4 us-gaap Stockholders Equity
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10479800000 USD
CY2020 us-gaap Net Income Loss
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949700000 USD
CY2019 us-gaap Net Income Loss
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1767900000 USD
CY2018 us-gaap Net Income Loss
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944400000 USD
CY2020 us-gaap Depreciation
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53400000 USD
CY2019 us-gaap Depreciation
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49200000 USD
CY2018 us-gaap Depreciation
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49500000 USD
CY2020 us-gaap Amortization Of Intangible Assets
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467400000 USD
CY2019 us-gaap Amortization Of Intangible Assets
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366800000 USD
CY2018 us-gaap Amortization Of Intangible Assets
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317500000 USD
CY2020 us-gaap Amortization Of Financing Costs
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10900000 USD
CY2019 us-gaap Amortization Of Financing Costs
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7300000 USD
CY2018 us-gaap Amortization Of Financing Costs
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6300000 USD
CY2020 us-gaap Share Based Compensation
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121700000 USD
CY2019 us-gaap Share Based Compensation
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104500000 USD
CY2018 us-gaap Share Based Compensation
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133800000 USD
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
CY2019 us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
CY2018 us-gaap Gains Losses On Extinguishment Of Debt
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CY2020 rop Gain Loss On Disposition Of Business Net Of Income Tax Expense Benefit
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0 USD
CY2019 rop Gain Loss On Disposition Of Business Net Of Income Tax Expense Benefit
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687300000 USD
CY2018 rop Gain Loss On Disposition Of Business Net Of Income Tax Expense Benefit
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0 USD
CY2020 rop Income Tax Provision Excluding Taxes Associated With Gain On Disposition Of Business
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259600000 USD
CY2019 rop Income Tax Provision Excluding Taxes Associated With Gain On Disposition Of Business
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226100000 USD
CY2018 rop Income Tax Provision Excluding Taxes Associated With Gain On Disposition Of Business
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254000000.0 USD
CY2020 us-gaap Increase Decrease In Accounts And Other Receivables
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CY2019 us-gaap Increase Decrease In Accounts And Other Receivables
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46700000 USD
CY2018 us-gaap Increase Decrease In Accounts And Other Receivables
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83500000 USD
CY2020 us-gaap Increase Decrease In Contract With Customer Asset
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39300000 USD
CY2019 us-gaap Increase Decrease In Contract With Customer Asset
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12000000.0 USD
CY2018 us-gaap Increase Decrease In Contract With Customer Asset
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14000000.0 USD
CY2020 us-gaap Increase Decrease In Inventories
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-4600000 USD
CY2019 us-gaap Increase Decrease In Inventories
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17300000 USD
CY2018 us-gaap Increase Decrease In Inventories
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21800000 USD
CY2020 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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121600000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2018 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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68800000 USD
CY2020 us-gaap Increase Decrease In Deferred Revenue
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56900000 USD
CY2019 us-gaap Increase Decrease In Deferred Revenue
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108800000 USD
CY2018 us-gaap Increase Decrease In Deferred Revenue
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86600000 USD
CY2020 rop Income Taxes Paid On Disposition Of Business
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201900000 USD
CY2019 rop Income Taxes Paid On Disposition Of Business
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39400000 USD
CY2018 rop Income Taxes Paid On Disposition Of Business
IncomeTaxesPaidOnDispositionOfBusiness
0 USD
CY2020 rop Income Taxes Paid Excluding Taxes Associated With Gain On Disposition Of Business
IncomeTaxesPaidExcludingTaxesAssociatedWithGainOnDispositionOfBusiness
313200000 USD
CY2019 rop Income Taxes Paid Excluding Taxes Associated With Gain On Disposition Of Business
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331500000 USD
CY2018 rop Income Taxes Paid Excluding Taxes Associated With Gain On Disposition Of Business
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321600000 USD
CY2020 us-gaap Increase Decrease In Other Operating Capital Net
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19600000 USD
CY2019 us-gaap Increase Decrease In Other Operating Capital Net
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22400000 USD
CY2018 us-gaap Increase Decrease In Other Operating Capital Net
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5800000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
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1525100000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
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1461800000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
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1430100000 USD
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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6018100000 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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2387300000 USD
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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1275800000 USD
CY2020 us-gaap Payments To Acquire Other Productive Assets
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31200000 USD
CY2019 us-gaap Payments To Acquire Other Productive Assets
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52700000 USD
CY2018 us-gaap Payments To Acquire Other Productive Assets
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49100000 USD
CY2020 us-gaap Payments To Develop Software
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17700000 USD
CY2019 us-gaap Payments To Develop Software
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10200000 USD
CY2018 us-gaap Payments To Develop Software
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9500000 USD
CY2020 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
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CY2019 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
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1156800000 USD
CY2018 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
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0 USD
CY2020 us-gaap Payments For Proceeds From Other Investing Activities
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2600000 USD
CY2019 us-gaap Payments For Proceeds From Other Investing Activities
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2600000 USD
CY2018 us-gaap Payments For Proceeds From Other Investing Activities
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700000 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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CY2018 us-gaap Net Cash Provided By Used In Investing Activities
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CY2020 us-gaap Proceeds From Issuance Of Senior Long Term Debt
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3300000000.0 USD
CY2019 us-gaap Proceeds From Issuance Of Senior Long Term Debt
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1200000000.0 USD
CY2018 us-gaap Proceeds From Issuance Of Senior Long Term Debt
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1500000000.0 USD
CY2020 us-gaap Repayments Of Senior Debt
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600000000.0 USD
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0 USD
CY2018 us-gaap Repayments Of Senior Debt
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1300000000.0 USD
CY2020 us-gaap Proceeds From Repayments Of Lines Of Credit
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1620000000.0 USD
CY2019 us-gaap Proceeds From Repayments Of Lines Of Credit
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CY2018 us-gaap Proceeds From Repayments Of Lines Of Credit
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CY2020 us-gaap Payments Of Debt Issuance Costs
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42000000.0 USD
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12100000 USD
CY2018 us-gaap Payments Of Debt Issuance Costs
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13900000 USD
CY2020 us-gaap Payments Of Debt Extinguishment Costs
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0 USD
CY2019 us-gaap Payments Of Debt Extinguishment Costs
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0 USD
CY2018 us-gaap Payments Of Debt Extinguishment Costs
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15500000 USD
CY2020 us-gaap Payments Of Dividends
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214100000 USD
CY2019 us-gaap Payments Of Dividends
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191700000 USD
CY2018 us-gaap Payments Of Dividends
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170100000 USD
CY2020 us-gaap Proceeds From Sale Of Treasury Stock
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10500000 USD
CY2019 us-gaap Proceeds From Sale Of Treasury Stock
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6800000 USD
CY2018 us-gaap Proceeds From Sale Of Treasury Stock
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5400000 USD
CY2020 rop Proceeds From Stock Based Compensation Net
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64400000 USD
CY2019 rop Proceeds From Stock Based Compensation Net
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34900000 USD
CY2018 rop Proceeds From Stock Based Compensation Net
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10600000 USD
CY2020 us-gaap Proceeds From Payments For Other Financing Activities
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CY2019 us-gaap Proceeds From Payments For Other Financing Activities
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4100000 USD
CY2018 us-gaap Proceeds From Payments For Other Financing Activities
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400000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
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4136900000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
177000000.0 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
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CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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10500000 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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2500000 USD
CY2018 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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-401400000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
345300000 USD
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-306900000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
709700000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
364400000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
671300000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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308300000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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709700000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
364400000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
198100000 USD
CY2019 us-gaap Interest Paid Net
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171700000 USD
CY2018 us-gaap Interest Paid Net
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169000000.0 USD
CY2020 us-gaap Income Taxes Paid Net
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515100000 USD
CY2020Q4 rop Number Of Reporting Units Not Requiring Goodwill Impairment Analysis
NumberOfReportingUnitsNotRequiringGoodwillImpairmentAnalysis
35 reportingUnit
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
370900000 USD
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
321600000 USD
CY2020 us-gaap Fair Value Of Assets Acquired
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6715400000 USD
CY2019 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
2472400000 USD
CY2018 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
1505100000 USD
CY2020 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
697300000 USD
CY2019 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
85100000 USD
CY2018 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
229300000 USD
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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6018100000 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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2387300000 USD
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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1275800000 USD
CY2019 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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-3700000 USD
CY2020Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
0.0 USD
CY2019Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
370100000 USD
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
104600000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
103900000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
103200000 shares
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1100000 shares
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1200000 shares
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1200000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
105700000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
105100000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
104400000 shares
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
208000 shares
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
627000 shares
CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
724000 shares
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-weight:400;line-height:120%;text-decoration:underline">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 financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities. Actual results could differ from those estimates.</span>
CY2020 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-4300000 USD
CY2018 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
200000 USD
CY2020 us-gaap Number Of Reporting Units
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36 reportingUnit
CY2020 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
446100000 USD
CY2019 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
403500000 USD
CY2018 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
376900000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5527100000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5366800000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5191200000 USD
CY2020 rop Contracts Revenue Percentage Of Completion
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345000000.0 USD
CY2019 rop Contracts Revenue Percentage Of Completion
ContractsRevenuePercentageOfCompletion
247800000 USD
CY2018 rop Contracts Revenue Percentage Of Completion
ContractsRevenuePercentageOfCompletion
245900000 USD
CY2020Q4 rop Allowance For Doubtful Accounts Receivable And Sales Returns And Allowances Net Current
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29100000 USD
CY2019Q4 rop Allowance For Doubtful Accounts Receivable And Sales Returns And Allowances Net Current
AllowanceForDoubtfulAccountsReceivableAndSalesReturnsAndAllowancesNetCurrent
20300000 USD
CY2020Q4 us-gaap Capitalized Contract Cost Net
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42500000 USD
CY2019Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
31400000 USD
CY2019 us-gaap Capitalized Contract Cost Amortization
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30100000 USD
CY2020 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
30100000 USD
CY2020Q4 us-gaap Revenue Remaining Performance Obligation
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4298000000.0 USD
CY2020Q4 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.59
CY2020Q4 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2020Q4 us-gaap Capitalized Computer Software Net
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43100000 USD
CY2019Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
30000000.0 USD
CY2020 us-gaap Number Of Businesses Acquired
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6 acquisition
CY2020Q4 us-gaap Inventory Raw Materials And Supplies
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128400000 USD
CY2019Q4 us-gaap Inventory Raw Materials And Supplies
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125100000 USD
CY2020Q4 us-gaap Inventory Work In Process
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28200000 USD
CY2019Q4 us-gaap Inventory Work In Process
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30900000 USD
CY2020Q4 us-gaap Inventory Finished Goods
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82200000 USD
CY2019Q4 us-gaap Inventory Finished Goods
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76000000.0 USD
CY2020Q4 us-gaap Inventory Valuation Reserves
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40400000 USD
CY2019Q4 us-gaap Inventory Valuation Reserves
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33400000 USD
CY2020Q4 us-gaap Inventory Net
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198400000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
198600000 USD
CY2019Q4 us-gaap Goodwill
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10815400000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
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511400000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
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474700000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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370800000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
334800000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
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140600000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
139900000 USD
CY2020 us-gaap Depreciation
Depreciation
53400000 USD
CY2019 us-gaap Depreciation
Depreciation
49200000 USD
CY2018 us-gaap Depreciation
Depreciation
49500000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
9346800000 USD
CY2019 us-gaap Goodwill Acquired During Period
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1447000000.0 USD
CY2019 us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
22600000 USD
CY2019 us-gaap Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
-1000000.0 USD
CY2019Q4 us-gaap Customer Refund Liability Current
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47100000 USD
CY2020Q4 rop Contract With Customer Liability Billings In Excess Of Revenue
ContractWithCustomerLiabilityBillingsInExcessOfRevenue
17500000 USD
CY2020 us-gaap Goodwill Acquired During Period
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3533000000.0 USD
CY2020 us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
48400000 USD
CY2020 us-gaap Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
-1600000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
14395200000 USD
CY2019Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
6420300000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1752600000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
4667700000 USD
CY2020Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
9414300000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2207400000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
7206900000 USD
CY2020 rop Amortization Of Other Intangible Assets
AmortizationOfOtherIntangibleAssets
462700000 USD
CY2019 rop Amortization Of Other Intangible Assets
AmortizationOfOtherIntangibleAssets
364700000 USD
CY2018 rop Amortization Of Other Intangible Assets
AmortizationOfOtherIntangibleAssets
316500000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
580000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
564000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
555000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
514000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
485000000 USD
CY2020Q4 us-gaap Interest Payable Current
InterestPayableCurrent
44300000 USD
CY2019Q4 us-gaap Interest Payable Current
InterestPayableCurrent
34400000 USD
CY2020Q4 rop Contract With Customer Liability Customer Deposits
ContractWithCustomerLiabilityCustomerDeposits
50100000 USD
CY2019Q4 rop Contract With Customer Liability Customer Deposits
ContractWithCustomerLiabilityCustomerDeposits
22400000 USD
CY2020Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
60000000.0 USD
CY2019Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
54300000 USD
CY2020Q4 us-gaap Customer Refund Liability Current
CustomerRefundLiabilityCurrent
51800000 USD
CY2019Q4 rop Contract With Customer Liability Billings In Excess Of Revenue
ContractWithCustomerLiabilityBillingsInExcessOfRevenue
9000000.0 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
65100000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
56800000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
168200000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
122200000 USD
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
457000000.0 USD
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
346200000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
902400000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
1902200000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
924200000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
306900000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
325200000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
274200000 USD
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1209300000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
2227400000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1198400000 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
180800000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
391600000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
155400000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
59000000.0 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
78300000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
56200000 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
77400000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
79800000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
105100000 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-54300000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-43100000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-24200000 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-7600000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
2600000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-25800000 USD
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
4300000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-49700000 USD
CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-12700000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
259600000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
459500000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
254000000.0 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.010
CY2019 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.002
CY2018 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.016
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.014
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.006
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.009
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.031
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.016
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.024
CY2020 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.030
CY2019 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.013
CY2018 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.031
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Percent
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Percent
0
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Percent
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Percent
0
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Percent
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Percent
-0.012
CY2020 us-gaap Effective Income Tax Rate Reconciliation Disposition Of Business
EffectiveIncomeTaxRateReconciliationDispositionOfBusiness
0
CY2019 us-gaap Effective Income Tax Rate Reconciliation Disposition Of Business
EffectiveIncomeTaxRateReconciliationDispositionOfBusiness
0.018
CY2018 us-gaap Effective Income Tax Rate Reconciliation Disposition Of Business
EffectiveIncomeTaxRateReconciliationDispositionOfBusiness
0
CY2020 rop Effective Income Tax Rate Reconciliation Deduction Foreign Entity Restructuring Percent
EffectiveIncomeTaxRateReconciliationDeductionForeignEntityRestructuringPercent
0
CY2019 rop Effective Income Tax Rate Reconciliation Deduction Foreign Entity Restructuring Percent
EffectiveIncomeTaxRateReconciliationDeductionForeignEntityRestructuringPercent
0.018
CY2018 rop Effective Income Tax Rate Reconciliation Deduction Foreign Entity Restructuring Percent
EffectiveIncomeTaxRateReconciliationDeductionForeignEntityRestructuringPercent
0
CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.008
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.003
CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.014
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.215
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.206
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.212
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
187600000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
169600000 USD
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
154600000 USD
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
111200000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
26300000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
4100000 USD
CY2020Q4 rop Deferred Tax Assets Interest Expense
DeferredTaxAssetsInterestExpense
63000000.0 USD
CY2019Q4 rop Deferred Tax Assets Interest Expense
DeferredTaxAssetsInterestExpense
9900000 USD
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
38000000.0 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
36300000 USD
CY2020Q4 rop Deferred Tax Assets Lease Liability
DeferredTaxAssetsLeaseLiability
65000000.0 USD
CY2019Q4 rop Deferred Tax Assets Lease Liability
DeferredTaxAssetsLeaseLiability
64000000.0 USD
CY2020Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
458500000 USD
CY2019Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
322500000 USD
CY2020Q4 rop Deferred Tax Liabilities Tax Deferred Expense Reserves And Accruals
DeferredTaxLiabilitiesTaxDeferredExpenseReservesAndAccruals
23800000 USD
CY2019Q4 rop Deferred Tax Liabilities Tax Deferred Expense Reserves And Accruals
DeferredTaxLiabilitiesTaxDeferredExpenseReservesAndAccruals
15500000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
1803300000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
1229900000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
8800000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
10800000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
18600000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
17100000 USD
CY2020Q4 rop Deferred Tax Liabilities Right Of Use Asset
DeferredTaxLiabilitiesRightOfUseAsset
62500000 USD
CY2019Q4 rop Deferred Tax Liabilities Right Of Use Asset
DeferredTaxLiabilitiesRightOfUseAsset
61700000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
1917000000.0 USD
CY2019Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
1335000000.0 USD
CY2020Q4 rop Interest Expense Limitation Carryforward
InterestExpenseLimitationCarryforward
63000000.0 USD
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
38000000.0 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
69800000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
63600000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
52200000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
6000000.0 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
2900000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
2400000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
3500000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
4200000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
6900000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
6200000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
1900000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
4400000 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
3600000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
300000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
400000 USD
CY2020 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
6300000 USD
CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
2500000 USD
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1900000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
75600000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
69800000 USD
CY2020Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
67100000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
63600000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
74100000 USD
CY2020 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
900000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
9600000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
8700000 USD
CY2020Q4 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
5000000.0 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
9566500000 USD
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
5275300000 USD
CY2020Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
502000000.0 USD
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
602200000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
9064500000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
4673100000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
502800000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
801700000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
2321700000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
500000000.0 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
1000000000.0 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
4500000000.0 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
9626200000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
28100000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost
9600000 USD
CY2018 rop Defined Contribution Plan Number
DefinedContributionPlanNumber
4 plan
CY2019 rop Defined Contribution Plan Number
DefinedContributionPlanNumber
4 plan
CY2020 rop Defined Contribution Plan Number
DefinedContributionPlanNumber
4 plan
CY2020 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
33800000 USD
CY2019 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
36900000 USD
CY2018 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
31200000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
121700000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
104500000 USD
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
133800000 USD
CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
25500000 USD
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
22000000.0 USD
CY2020Q4 us-gaap Noncurrent Assets
NoncurrentAssets
224000000.0 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost
29400000 USD
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Purchase Price Of Common Stock Percent
SharebasedCompensationArrangementBySharebasedPaymentAwardPurchasePriceOfCommonStockPercent
1
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
63.22
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
68.05
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
57.75
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0081
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0237
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0265
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y7M20D
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y5M1D
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y3M25D
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.2039
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
452800000 USD
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
762000 shares
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
333.45
CY2020 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
670000 shares
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
157.85
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
75000.000 shares
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
304.56
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3366000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
255.32
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y9M14D
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
591700000 USD
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1431000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
178.23
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y9M
CY2020Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
361900000 USD
CY2020Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
61900000 USD
CY2020 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y8M12D
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
155400000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
109400000 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
124600000 USD
CY2020 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
105500000 USD
CY2019 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
64900000 USD
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
285000 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
321000 shares
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost
29400000 USD
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
739000 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
225.93
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
321000 shares
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
318.75
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
290000 shares
CY2018Q4 rop Segment Reporting Operating Assets
SegmentReportingOperatingAssets
1269600000 USD
CY2018Q4 us-gaap Intangible Assets Net Including Goodwill
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13188900000 USD
CY2018Q4 us-gaap Other Assets
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791000000.0 USD
CY2018Q4 us-gaap Assets
Assets
15249500000 USD
CY2018 us-gaap Payments To Acquire Other Productive Assets
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49100000 USD
CY2018 us-gaap Capitalized Computer Software Additions
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9500000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
367000000.0 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5527100000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
209.05
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
61000.000 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
225.23
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
709000 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
275.00
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
285000 shares
CY2020 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
358.07
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
308000 shares
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
254.02
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
85000.000 shares
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
309.28
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
601000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
320.36
CY2020Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
89800000 USD
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P1Y8M12D
CY2020 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
31000.000 shares
CY2019 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
21000.000 shares
CY2018 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
20000.000 shares
CY2020 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
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10500000 USD
CY2019 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
6800000 USD
CY2018 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
5400000 USD
CY2020 us-gaap Loss Contingency Disclosures
LossContingencyDisclosures
Contingencies<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Roper, in the ordinary course of business, is party to various pending or threatened legal actions, including product liability, intellectual property, data privacy and employment practices that, in general, are of a nature consistent with those over the past several years. After analyzing the Company’s contingent liabilities on a gross basis and, based upon past experience with resolution of such legal claims and the availability and limits of the primary, excess, and umbrella liability insurance coverages with respect to pending claims, management believes that adequate provision has been made to cover any potential liability not covered by insurance, and that the ultimate liability, if any, arising from these actions should not have a material adverse effect on Roper’s consolidated financial position, results of operations or cash flows.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Roper’s subsidiary, Vertafore, Inc., has been named in three putative class actions, one in the U.S. District Court for the Southern District of Texas (</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:115%">Allen, et al. v. Vertafore, Inc.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">, Case 4:20-cv-4139), one in the U.S. District Court for the District of Colorado (</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:115%">Masciotra, et al. v. Vertafore, Inc.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">, Case 1:20-cv-03603), and one in the U.S. District Court for the Northern District of Texas (</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:115%">Mulvey, et al. v. Vertafore, Inc.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">, Case 3:21-cv-00213-E). All three cases purport to represent approximately 27.7 million individuals who held Texas driver’s licenses prior to February 2019. In November 2020, Vertafore announced that as a result of human error, three data files were inadvertently stored in an unsecured external storage service that appears to have been accessed without authorization. The files, which included driver information for licenses issued before February 2019, contained Texas driver license numbers, as well as names, dates of birth, addresses and vehicle registration histories. The files did not contain any Social Security numbers or financial account information. The cases each seek recovery under the Driver’s Privacy Protection Act, 18 U.S.C. § 2721. Vertafore is vigorously defending the matters. In addition, the Texas Attorney General is investigating the data event. </span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Roper or its subsidiaries have been named defendants along with numerous industrial companies in asbestos-related litigation claims in certain U.S. states. No significant resources have been required by Roper to respond to these cases and Roper believes it has valid defenses to such claims and, if required, intends to defend them vigorously. Given the state of these claims, it is not possible to determine the potential liability, if any.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#252525;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">December 31, 2020</span><span style="color:#252525;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, Roper had </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$67.1</span><span style="color:#252525;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> of letters of credit issued to guarantee its performance under certain services contracts or to support certain insurance programs and </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$716.9</span><span style="color:#252525;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> of outstanding surety bonds. Certain contracts, primarily those involving public sector customers, require Roper to provide a surety bond as a guarantee of its performance of contractual obligations.</span></div>
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3 claim
CY2020Q4 us-gaap Loss Contingency Pending Claims Number
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3 claim
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27700000 plaintiff
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67100000 USD
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CY2020 us-gaap Number Of Reportable Segments
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CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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5527100000 USD
CY2020 rop Segment Operating Profit
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CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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5366800000 USD
CY2019Q4 us-gaap Noncurrent Assets
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197800000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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5191200000 USD
CY2018Q4 us-gaap Noncurrent Assets
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175200000 USD
CY2020Q4 us-gaap Other Assets
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CY2020Q4 us-gaap Assets
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24024800000 USD
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31200000 USD
CY2020 us-gaap Capitalized Computer Software Additions
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CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
520800000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5366800000 USD
CY2019 rop Segment Operating Profit
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1498400000 USD
CY2019Q4 rop Segment Reporting Operating Assets
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CY2019Q4 us-gaap Intangible Assets Net Including Goodwill
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CY2019Q4 us-gaap Other Assets
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CY2019Q4 us-gaap Assets
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52700000 USD
CY2019 us-gaap Capitalized Computer Software Additions
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10200000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
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416000000.0 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2018 rop Segment Operating Profit
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CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
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0.1922
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.1805
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ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0062
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0058
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0059
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180.69
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
764000 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
320.65
CY2019 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
527000 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
122.94
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
93000.000 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
273.64
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3349000 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
219.40
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y7M28D
CY2020Q4 us-gaap Unbilled Contracts Receivable
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241700000 USD
CY2019Q4 us-gaap Unbilled Contracts Receivable
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183500000 USD
CY2020 rop Contract With Customer Asset Net Increase Decrease
ContractWithCustomerAssetNetIncreaseDecrease
58200000 USD
CY2020Q4 rop Contract With Customer Liability Current Billings In Excess Of Revenues And Customer Deposits
ContractWithCustomerLiabilityCurrentBillingsInExcessOfRevenuesAndCustomerDeposits
1012000000.0 USD
CY2019Q4 rop Contract With Customer Liability Current Billings In Excess Of Revenues And Customer Deposits
ContractWithCustomerLiabilityCurrentBillingsInExcessOfRevenuesAndCustomerDeposits
840800000 USD
CY2020 rop Deferred Revenue Billings In Excess Of Revenues And Customer Deposits Increase Decrease
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171200000 USD
CY2020Q4 us-gaap Contract With Customer Liability Noncurrent
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43100000 USD
CY2019Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
33200000 USD
CY2020 rop Contract With Customer Liability Noncurrent Increase Decrease
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9900000 USD
CY2020Q4 us-gaap Contract With Customer Liability
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CY2019Q4 us-gaap Contract With Customer Liability
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690500000 USD
CY2020 us-gaap Increase Decrease In Contract With Customer Liability
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CY2020 us-gaap Contract With Customer Liability Increase Decrease For Contract Acquired In Business Combination
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78200000 USD
CY2019 us-gaap Contract With Customer Liability Revenue Recognized
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804400000 USD
CY2018 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
674200000 USD
CY2020 us-gaap Operating Lease Cost
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CY2019 us-gaap Operating Lease Cost
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CY2018 us-gaap Operating Lease Cost
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66900000 USD
CY2020 us-gaap Operating Lease Payments
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CY2019 us-gaap Operating Lease Payments
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66700000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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66100000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
60400000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
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265000000.0 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
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266900000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
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65100000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
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56800000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
219200000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
220000000.0 USD
CY2020Q4 us-gaap Operating Lease Liability
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284300000 USD
CY2019Q4 us-gaap Operating Lease Liability
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276800000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
71700000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
56000000.0 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
46800000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
37000000.0 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
29900000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
68200000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
309600000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
25300000 USD
CY2020Q4 us-gaap Operating Lease Liability
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284300000 USD
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.029
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1350700000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1305000000.0 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1366100000 USD
CY2020Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1505300000 USD
CY2020Q1 us-gaap Gross Profit
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856800000 USD
CY2020Q2 us-gaap Gross Profit
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843700000 USD
CY2020Q3 us-gaap Gross Profit
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875900000 USD
CY2020Q4 us-gaap Gross Profit
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966600000 USD
CY2020Q1 us-gaap Operating Income Loss
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349200000 USD
CY2020Q2 us-gaap Operating Income Loss
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333600000 USD
CY2020Q3 us-gaap Operating Income Loss
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367600000 USD
CY2020Q4 us-gaap Operating Income Loss
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380700000 USD
CY2020Q1 us-gaap Net Income Loss
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240300000 USD
CY2020Q2 us-gaap Net Income Loss
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219200000 USD
CY2020Q3 us-gaap Net Income Loss
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234400000 USD
CY2020Q4 us-gaap Net Income Loss
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255800000 USD
CY2020Q1 us-gaap Earnings Per Share Basic
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2.30
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.10
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.24
CY2020Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.44
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.28
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.08
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.21
CY2020Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.41
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1287200000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1330300000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1354500000 USD
CY2019Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1394800000 USD
CY2019Q1 us-gaap Gross Profit
GrossProfit
810600000 USD
CY2019Q2 us-gaap Gross Profit
GrossProfit
850000000.0 USD
CY2019Q3 us-gaap Gross Profit
GrossProfit
873600000 USD
CY2019Q4 us-gaap Gross Profit
GrossProfit
892900000 USD
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
346400000 USD
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
368400000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
385200000 USD
CY2019Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
398400000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
369600000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
249700000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
277500000 USD
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
871100000 USD
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.57
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.40
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.67
CY2019Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
8.37
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.53
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.38
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.64
CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
8.28

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