$TDY
TELEDYNE TECHNOLOGIES INC

2015 Q4 Form 10-Q Financial Statement

#000109428515000136 Filed on November 03, 2015

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2014 Q4
Revenue $555.4M $622.3M
YoY Change -7.6% 4.31%
Cost Of Revenue $345.8M $391.6M
YoY Change -7.88% 2.51%
Gross Profit $209.6M $230.7M
YoY Change -7.13% 7.5%
Gross Profit Margin 37.74% 37.07%
Selling, General & Admin $140.1M $150.8M
YoY Change -7.46% -0.2%
% of Gross Profit 66.84% 65.37%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $21.90M $24.20M
YoY Change -6.81% 0.83%
% of Gross Profit 10.45% 10.49%
Operating Expenses $140.1M $150.8M
YoY Change -7.46% -0.2%
Operating Profit $69.50M $79.90M
YoY Change -6.46% 25.83%
Interest Expense $6.000M -$5.100M
YoY Change 30.43% 6.25%
% of Operating Profit 8.63% -6.38%
Other Income/Expense, Net -$2.100M -$400.0K
YoY Change 16.67% -107.55%
Pretax Income $61.40M $74.40M
YoY Change -9.57% 16.25%
Income Tax $13.10M -$700.0K
% Of Pretax Income 21.34% -0.94%
Net Earnings $48.30M $58.90M
YoY Change -13.13% 8.07%
Net Earnings / Revenue 8.7% 9.46%
Basic Earnings Per Share $1.37 $1.65
Diluted Earnings Per Share $1.34 $1.62
COMMON SHARES
Basic Shares Outstanding 35.44M shares 35.30M shares 36.56M shares
Diluted Shares Outstanding 36.10M shares

Balance Sheet

Concept 2015 Q4 2015 Q3 2014 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $71.50M $141.4M
YoY Change -43.16% 114.24%
Cash & Equivalents $71.50M $141.4M
Short-Term Investments
Other Short-Term Assets $81.50M $74.20M
YoY Change 22.37% 22.04%
Inventory $331.5M $311.8M
Prepaid Expenses
Receivables $382.0M $400.7M
Other Receivables $0.00 $13.60M
Total Short-Term Assets $866.5M $941.7M
YoY Change -1.28% 17.85%
LONG-TERM ASSETS
Property, Plant & Equipment $321.5M $336.5M
YoY Change -4.06% -5.93%
Goodwill $1.150B $1.151B
YoY Change 11.82% 10.87%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $71.90M $69.50M
YoY Change 4.2% 9.28%
Total Long-Term Assets $1.905B $1.921B
YoY Change -0.56% -1.61%
TOTAL ASSETS
Total Short-Term Assets $866.5M $941.7M
Total Long-Term Assets $1.905B $1.921B
Total Assets $2.771B $2.862B
YoY Change -0.78% 4.04%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $151.7M $162.5M
YoY Change 2.57% 10.17%
Accrued Expenses $245.4M $290.3M
YoY Change -8.74% 8.69%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $13.00M $84.90M
YoY Change -84.47% 3942.86%
Total Short-Term Liabilities $411.4M $539.0M
YoY Change -18.02% 28.92%
LONG-TERM LIABILITIES
Long-Term Debt $698.4M $618.9M
YoY Change 41.72% 12.73%
Other Long-Term Liabilities $240.4M $235.8M
YoY Change -7.75% -11.12%
Total Long-Term Liabilities $240.4M $235.8M
YoY Change -7.75% -11.12%
TOTAL LIABILITIES
Total Short-Term Liabilities $411.4M $539.0M
Total Long-Term Liabilities $240.4M $235.8M
Total Liabilities $1.350B $1.394B
YoY Change 7.57% 13.09%
SHAREHOLDERS EQUITY
Retained Earnings $1.666B $1.526B
YoY Change 13.69% 16.64%
Common Stock $347.0M $326.9M
YoY Change 6.28% -0.7%
Preferred Stock
YoY Change
Treasury Stock (at cost) $218.5M $102.1M
YoY Change 95.26%
Treasury Stock Shares 2.259M shares 1.042M shares
Shareholders Equity -$373.7M -$323.2M
YoY Change
Total Liabilities & Shareholders Equity $2.771B $2.862B
YoY Change -0.78% 4.04%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2014 Q4
OPERATING ACTIVITIES
Net Income $48.30M $58.90M
YoY Change -13.13% 8.07%
Depreciation, Depletion And Amortization $21.90M $24.20M
YoY Change -6.81% 0.83%
Cash From Operating Activities $73.50M $88.30M
YoY Change -7.2% -10.36%
INVESTING ACTIVITIES
Capital Expenditures -$10.30M -$13.80M
YoY Change 13.19% -25.81%
Acquisitions
YoY Change
Other Investing Activities -$1.200M -$187.3M
YoY Change -77.36% 1056.17%
Cash From Investing Activities -$11.50M -$201.1M
YoY Change -20.14% 477.87%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -48.30M 132.6M
YoY Change 13.92% -253.47%
NET CHANGE
Cash From Operating Activities 73.50M 88.30M
Cash From Investing Activities -11.50M -201.1M
Cash From Financing Activities -48.30M 132.6M
Net Change In Cash 13.70M 19.80M
YoY Change -38.84% -187.22%
FREE CASH FLOW
Cash From Operating Activities $73.50M $88.30M
Capital Expenditures -$10.30M -$13.80M
Free Cash Flow $83.80M $102.1M
YoY Change -5.1% -12.81%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--01-03
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
dei Document Period End Date
DocumentPeriodEndDate
2015-09-27
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001094285
CY2015Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
35441756 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
TELEDYNE TECHNOLOGIES INC
tdy Effective Income Tax Rate Reconciliation Other Tax Benefits
EffectiveIncomeTaxRateReconciliationOtherTaxBenefits
8200000 USD
CY2015Q3 tdy Effective Income Tax Rate Reconciliation Other Tax Benefits
EffectiveIncomeTaxRateReconciliationOtherTaxBenefits
7400000 USD
tdy Effective Income Tax Rate Reconciliation Other Tax Benefits
EffectiveIncomeTaxRateReconciliationOtherTaxBenefits
8500000 USD
CY2014Q3 tdy Effective Income Tax Rate Reconciliation Other Tax Expense
EffectiveIncomeTaxRateReconciliationOtherTaxExpense
6100000 USD
CY2014Q4 tdy Inventories At Average Cost Or Fifo Methods
InventoriesAtAverageCostOrFifoMethods
241800000 USD
CY2015Q3 tdy Inventories At Average Cost Or Fifo Methods
InventoriesAtAverageCostOrFifoMethods
257400000 USD
CY2015Q3 tdy Net Sales Percentage Change
NetSalesPercentageChange
-0.076
tdy Net Sales Percentage Change
NetSalesPercentageChange
-0.042
CY2014Q3 tdy Other Comprehensive Income Minimum Pension Liability Net Adjustments Net Of Tax
OtherComprehensiveIncomeMinimumPensionLiabilityNetAdjustmentsNetOfTax
-3100000 USD
tdy Other Comprehensive Income Minimum Pension Liability Net Adjustments Net Of Tax
OtherComprehensiveIncomeMinimumPensionLiabilityNetAdjustmentsNetOfTax
-8000000 USD
CY2015Q3 tdy Other Comprehensive Income Minimum Pension Liability Net Adjustments Net Of Tax
OtherComprehensiveIncomeMinimumPensionLiabilityNetAdjustmentsNetOfTax
-4800000 USD
tdy Other Comprehensive Income Minimum Pension Liability Net Adjustments Net Of Tax
OtherComprehensiveIncomeMinimumPensionLiabilityNetAdjustmentsNetOfTax
-13700000 USD
tdy Period For Product Warranty
PeriodForProductWarranty
P1Y
tdy Purchase Of Businesses And Other Investments Net Of Cash Acquired
PurchaseOfBusinessesAndOtherInvestmentsNetOfCashAcquired
8100000 USD
us-gaap Increase Decrease In Postretirement Obligations
IncreaseDecreaseInPostretirementObligations
-500000 USD
tdy Purchase Of Businesses And Other Investments Net Of Cash Acquired
PurchaseOfBusinessesAndOtherInvestmentsNetOfCashAcquired
63700000 USD
CY2015Q1 tdy Removal Of Restrictions From Stock Of Restricted Stock Performance Period
RemovalOfRestrictionsFromStockOfRestrictedStockPerformancePeriod
29642 shares
CY2015Q3 tdy Reserves For Environmental Remediation Obligations
ReservesForEnvironmentalRemediationObligations
9100000 USD
CY2015Q3 tdy Segment Operating Profit And Other Segment Income Percentage Change
SegmentOperatingProfitAndOtherSegmentIncomePercentageChange
-0.065
tdy Segment Operating Profit And Other Segment Income Percentage Change
SegmentOperatingProfitAndOtherSegmentIncomePercentageChange
-0.041
CY2015Q3 tdy Significant Changein Unrecognized Tax Benefits Tax Expensetobe Offset Against Reversalof Additional Paid In Capital
SignificantChangeinUnrecognizedTaxBenefitsTaxExpensetobeOffsetAgainstReversalofAdditionalPaidInCapital
3100000 USD
CY2014Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
162500000 USD
CY2015Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
151700000 USD
CY2014Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
400700000 USD
CY2015Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
382000000 USD
CY2014Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
290300000 USD
CY2015Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
245400000 USD
CY2014Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
417500000 USD
CY2015Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
448400000 USD
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-165500000 USD
CY2014Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-152000000 USD
CY2014Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-186600000 USD
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-323200000 USD
CY2015Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-343200000 USD
CY2015Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-373700000 USD
CY2014Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
326500000 USD
CY2015Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
346600000 USD
CY2014Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3900000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10100000 USD
CY2015Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2600000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9700000 USD
CY2014Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2015Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2014Q4 us-gaap Assets
Assets
2862200000 USD
CY2015Q3 us-gaap Assets
Assets
2771000000 USD
CY2014Q4 us-gaap Assets Current
AssetsCurrent
941700000 USD
CY2015Q3 us-gaap Assets Current
AssetsCurrent
866500000 USD
CY2014Q4 us-gaap Capital Lease Obligations
CapitalLeaseObligations
10400000 USD
CY2015Q3 us-gaap Capital Lease Obligations
CapitalLeaseObligations
9200000 USD
CY2014Q4 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
1300000 USD
CY2015Q3 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
1300000 USD
CY2014Q4 us-gaap Cash
Cash
141400000 USD
CY2015Q3 us-gaap Cash
Cash
71500000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
66000000 USD
CY2014Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
125800000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
141400000 USD
CY2015Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
71500000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
59800000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-69900000 USD
CY2014Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2015Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2014Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2015Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2014Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
125000000 shares
CY2015Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
125000000 shares
CY2014Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
37697865 shares
CY2015Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
37697865 shares
CY2014Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
36655584 shares
CY2015Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
35438456 shares
CY2014Q4 us-gaap Common Stock Value
CommonStockValue
400000 USD
CY2015Q3 us-gaap Common Stock Value
CommonStockValue
400000 USD
CY2014Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
21000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
136400000 USD
CY2015Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
17800000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
89800000 USD
CY2014Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-700000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-800000 USD
CY2015Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
0 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-300000 USD
CY2014Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
20300000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
135600000 USD
CY2015Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
17800000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
89500000 USD
CY2014Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
375400000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1095500000 USD
CY2015Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
345800000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1049400000 USD
CY2014Q3 us-gaap Costs And Expenses
CostsAndExpenses
526800000 USD
us-gaap Costs And Expenses
CostsAndExpenses
1557100000 USD
CY2015Q3 us-gaap Costs And Expenses
CostsAndExpenses
485900000 USD
us-gaap Costs And Expenses
CostsAndExpenses
1492400000 USD
CY2014Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
694700000 USD
CY2015Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
703500000 USD
CY2015Q3 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
3600000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3300000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-2800000 USD
CY2014Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
42800000 USD
CY2015Q3 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
47800000 USD
us-gaap Deferred Tax Expense From Stock Options Exercised
DeferredTaxExpenseFromStockOptionsExercised
4200000 USD
us-gaap Deferred Tax Expense From Stock Options Exercised
DeferredTaxExpenseFromStockOptionsExercised
3200000 USD
us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
0 USD
us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
0 USD
CY2015Q1 us-gaap Defined Benefit Plan Curtailments
DefinedBenefitPlanCurtailments
1200000 USD
us-gaap Defined Benefit Plans Estimated Future Employer Contributions In Current Fiscal Year
DefinedBenefitPlansEstimatedFutureEmployerContributionsInCurrentFiscalYear
0 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
70100000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
67900000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
600000 USD
CY2014Q4 us-gaap Derivative Fair Value Amount Offset Against Collateral Net
DerivativeFairValueAmountOffsetAgainstCollateralNet
-8400000 USD
CY2015Q3 us-gaap Derivative Fair Value Amount Offset Against Collateral Net
DerivativeFairValueAmountOffsetAgainstCollateralNet
-9200000 USD
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.49
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.21
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.37
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.96
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.47
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.13
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.34
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.88
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-2700000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-9000000 USD
CY2014Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.192
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.246
CY2015Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.214
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.263
CY2014Q3 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.281
us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.285
CY2015Q3 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.335
us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.308
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
4200000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
3200000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
277600000 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
253400000 USD
CY2014Q4 us-gaap Goodwill
Goodwill
1150600000 USD
CY2015Q3 us-gaap Goodwill
Goodwill
1149500000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
67900000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
207700000 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
61400000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
189900000 USD
CY2014Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
51000000 USD
CY2015Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13100000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
49900000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-400000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-10400000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1000000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-14800000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
11000000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
6400000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-5000000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-38800000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
17300000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
26400000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
5700000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-5200000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-600000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1000000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
1400000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1000000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-1800000 USD
us-gaap Increase Decrease In Pension Plan Obligations
IncreaseDecreaseInPensionPlanObligations
-11500000 USD
us-gaap Increase Decrease In Pension Plan Obligations
IncreaseDecreaseInPensionPlanObligations
-8500000 USD
us-gaap Increase Decrease In Postretirement Obligations
IncreaseDecreaseInPostretirementObligations
-200000 USD
CY2014Q3 us-gaap Interest Expense
InterestExpense
4600000 USD
us-gaap Interest Expense
InterestExpense
13900000 USD
CY2015Q3 us-gaap Interest Expense
InterestExpense
6000000 USD
us-gaap Interest Expense
InterestExpense
17900000 USD
CY2014Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
43300000 USD
CY2015Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
42900000 USD
CY2014Q4 us-gaap Inventory Gross
InventoryGross
339900000 USD
CY2015Q3 us-gaap Inventory Gross
InventoryGross
361400000 USD
CY2014Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
16500000 USD
CY2015Q3 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
16400000 USD
CY2014Q4 us-gaap Inventory Net
InventoryNet
311800000 USD
CY2015Q3 us-gaap Inventory Net
InventoryNet
331500000 USD
CY2014Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
143100000 USD
CY2015Q3 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
150600000 USD
CY2014Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
153500000 USD
CY2015Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
167900000 USD
CY2014Q4 us-gaap Lifo Inventory Amount
LIFOInventoryAmount
98100000 USD
CY2015Q3 us-gaap Lifo Inventory Amount
LIFOInventoryAmount
104000000 USD
CY2014Q4 us-gaap Liabilities
Liabilities
1393700000 USD
CY2015Q3 us-gaap Liabilities
Liabilities
1350200000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2862200000 USD
CY2015Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2771000000 USD
CY2014Q4 us-gaap Liabilities Current
LiabilitiesCurrent
539000000 USD
CY2015Q3 us-gaap Liabilities Current
LiabilitiesCurrent
411400000 USD
CY2015Q1 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
750000000 USD
CY2015Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
750000000 USD
CY2015Q3 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
531100000 USD
CY2014Q4 us-gaap Long Term Debt
LongTermDebt
609800000 USD
CY2015Q3 us-gaap Long Term Debt
LongTermDebt
690500000 USD
CY2014Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
618900000 USD
CY2015Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
698400000 USD
CY2014Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
86200000 USD
CY2015Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
14300000 USD
CY2014Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
84900000 USD
CY2015Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
13000000 USD
CY2014Q4 us-gaap Minority Interest
MinorityInterest
41200000 USD
CY2015Q3 us-gaap Minority Interest
MinorityInterest
0 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-102200000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-118200000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-37600000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-91900000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
202300000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
149200000 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
55600000 USD
us-gaap Net Income Loss
NetIncomeLoss
157500000 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
48300000 USD
us-gaap Net Income Loss
NetIncomeLoss
140300000 USD
CY2014Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-700000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-800000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-300000 USD
CY2014 us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
4 business
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4 segment
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
74300000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
214600000 USD
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
69500000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
205700000 USD
CY2014Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
69500000 USD
CY2015Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
71900000 USD
CY2014Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-35800000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-28700000 USD
CY2015Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-33900000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-62300000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-38200000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-30900000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-37100000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-68400000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-34600000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-21100000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-30500000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-50500000 USD
CY2014Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-1900000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-400000 USD
CY2015Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-1400000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-1900000 USD
CY2014Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
235800000 USD
CY2015Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
240400000 USD
CY2014Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1800000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
7000000 USD
CY2015Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2100000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2100000 USD
us-gaap Payments For Proceeds From Hedge Financing Activities
PaymentsForProceedsFromHedgeFinancingActivities
300000 USD
us-gaap Payments For Proceeds From Hedge Financing Activities
PaymentsForProceedsFromHedgeFinancingActivities
500000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
146600000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
142000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
29700000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
31600000 USD
CY2014Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2015Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2014Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2015Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2014Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2015Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2014Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
45000000 USD
CY2015Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
33700000 USD
CY2014Q4 us-gaap Prepaid Pension Costs
PrepaidPensionCosts
86300000 USD
CY2015Q3 us-gaap Prepaid Pension Costs
PrepaidPensionCosts
108200000 USD
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
4700000 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
26300000 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
100000000 USD
us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
200000 USD
us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
3400000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
14200000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
13500000 USD
CY2014Q3 us-gaap Profit Loss
ProfitLoss
54900000 USD
us-gaap Profit Loss
ProfitLoss
156700000 USD
CY2015Q3 us-gaap Profit Loss
ProfitLoss
48300000 USD
us-gaap Profit Loss
ProfitLoss
140000000 USD
CY2014Q4 us-gaap Progress Payments Netted Against Inventory For Long Term Contracts Or Programs
ProgressPaymentsNettedAgainstInventoryForLongTermContractsOrPrograms
11600000 USD
CY2015Q3 us-gaap Progress Payments Netted Against Inventory For Long Term Contracts Or Programs
ProgressPaymentsNettedAgainstInventoryForLongTermContractsOrPrograms
13500000 USD
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
336500000 USD
CY2015Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
321500000 USD
CY2014Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-3600000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-9800000 USD
CY2015Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-6600000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-17900000 USD
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
0 USD
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
97100000 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1525700000 USD
CY2015Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1666000000 USD
CY2014Q3 us-gaap Sales Revenue Net
SalesRevenueNet
601100000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
1771700000 USD
CY2015Q3 us-gaap Sales Revenue Net
SalesRevenueNet
555400000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
1698100000 USD
CY2014Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
151400000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
461600000 USD
CY2015Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
140100000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
443000000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2013Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
17300000 USD
CY2014Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
16000000 USD
CY2014Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
18500000 USD
CY2015Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
17800000 USD
us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
100000 USD
us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
200000 USD
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
4100000 USD
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
5500000 USD
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
2700000 USD
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
4600000 USD
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
10100000 USD
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
9700000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
1427300000 USD
CY2015Q3 us-gaap Stockholders Equity
StockholdersEquity
1420800000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1468500000 USD
CY2015Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1420800000 USD
CY2014Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
1042281 shares
CY2015Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
2259409 shares
CY2014Q4 us-gaap Treasury Stock Value
TreasuryStockValue
102100000 USD
CY2015Q3 us-gaap Treasury Stock Value
TreasuryStockValue
218500000 USD
CY2014Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
600000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
700000 shares
CY2015Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
800000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
800000 shares
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37800000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
38100000 shares
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36100000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36200000 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37200000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37400000 shares
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35300000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35400000 shares
us-gaap Basis Of Accounting
BasisOfAccounting
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">General</font></div><div style="line-height:120%;padding-bottom:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basis of Presentation</font></div><div style="line-height:120%;padding-bottom:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying unaudited condensed consolidated financial statements have been prepared by Teledyne Technologies Incorporated (&#8220;Teledyne&#8221; or the &#8220;Company&#8221;) pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and disclosures normally included in notes to consolidated financial statements have been condensed or omitted pursuant to such rules and regulations, but resultant disclosures are in accordance with accounting principles generally accepted in the United States as they apply to interim reporting. The condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and the notes thereto in Teledyne&#8217;s Annual Report on Form 10-K for the fiscal year ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;28, 2014</font><font style="font-family:inherit;font-size:10pt;"> (&#8220;</font><font style="font-family:inherit;font-size:10pt;">2014</font><font style="font-family:inherit;font-size:10pt;"> Form 10-K&#8221;).</font></div><div style="line-height:120%;padding-bottom:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In the opinion of Teledyne&#8217;s management, the accompanying unaudited condensed consolidated financial statements contain all adjustments (consisting of normal recurring adjustments) necessary to present fairly, in all material respects, Teledyne&#8217;s consolidated financial position as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;27, 2015</font><font style="font-family:inherit;font-size:10pt;"> and the consolidated results of operations and consolidated comprehensive income for the three and nine months then ended and consolidated cash flows for the </font><font style="font-family:inherit;font-size:10pt;">nine months</font><font style="font-family:inherit;font-size:10pt;"> then ended. The results of operations and cash flows for the period ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;27, 2015</font><font style="font-family:inherit;font-size:10pt;"> are not necessarily indicative of the results of operations or cash flows to be expected for any subsequent quarter or the full fiscal year. Certain prior year amounts have been reclassified to conform to the current period presentation. </font></div><div style="line-height:120%;padding-bottom:4px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Recent Accounting Pronouncements</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2014, the Financial Accounting Standards Board (&#8220;FASB&#8221;) issued Accounting Standards Update (&#8220;ASU&#8221;) No. 2014-09, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers</font><font style="font-family:inherit;font-size:10pt;">, which provides a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and will supersede most current revenue recognition guidance. In July 2015, the FASB deferred the effective date by one year, but will allow early adoption as of the original adoption date. This new guidance is effective for fiscal years, and interim periods within those years, beginning after December 15, 2017, and can be adopted either retrospectively to each prior reporting period presented or as a cumulative-effect adjustment as of the date of adoption. The Company is currently in the process of determining its implementation approach and assessing the impact on the consolidated financial statements and footnote disclosures.</font></div></div>

Files In Submission

Name View Source Status
0001094285-15-000136-index-headers.html Edgar Link pending
0001094285-15-000136-index.html Edgar Link pending
0001094285-15-000136.txt Edgar Link pending
0001094285-15-000136-xbrl.zip Edgar Link pending
exhibit101notepurchaseagre.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
tdy-20150927.xml Edgar Link completed
tdy-20150927.xsd Edgar Link pending
tdy-20150927x10q3.htm Edgar Link pending
tdy-20150927_cal.xml Edgar Link unprocessable
tdy-20150927_def.xml Edgar Link unprocessable
tdy-20150927_lab.xml Edgar Link unprocessable
tdy-20150927_pre.xml Edgar Link unprocessable
tdy-ex311_20150927xq3.htm Edgar Link pending
tdy-ex312_20150927xq3.htm Edgar Link pending
tdy-ex321_20150927xq3.htm Edgar Link pending
tdy-ex322_20150927xq3.htm Edgar Link pending