$TDY
TELEDYNE TECHNOLOGIES INC Stock $tdy

$tdy Overview Financials Valuation SEC Filings Company Website

2017 Q1 Form 10-Q Financial Statement

#000109428517000119 Filed on November 07, 2017

Income Statement

Concept	2017 Q1	2017	2016 Q4
Revenue	$552.9M	$2.604B	$526.8M
YoY Change	-7.85%	155.17%
Cost Of Revenue	$340.0M	$1.624B	$317.0M
YoY Change	-10.15%	13.74%
Gross Profit	$212.9M	$979.8M	$209.8M
YoY Change	-3.93%	-340.5%
Gross Profit Margin	38.51%	37.63%	39.83%
Selling, General & Admin	$142.4M	$658.1M	$141.0M
YoY Change	-2.2%	11.81%
% of Gross Profit	66.89%	67.17%	67.21%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$21.70M	$65.90M	$22.80M
YoY Change	-3.12%	13.04%
% of Gross Profit	10.19%	6.73%	10.87%
Operating Expenses	$142.4M	$658.1M	$141.0M
YoY Change	-2.2%	11.81%
Operating Profit	$70.50M	$321.7M	$68.80M
YoY Change	-7.24%	14.2%
Interest Expense	-$6.000M	-$36.10M	$5.600M
YoY Change	0.0%	55.6%
% of Operating Profit	-8.51%	-11.22%	8.14%
Other Income/Expense, Net	-$4.400M	-$15.50M	-$800.0K
YoY Change	158.82%	-3975.0%
Pretax Income	$60.10M	$187.2M	$62.40M
YoY Change	-12.01%	-12.44%
Income Tax	$7.100M	$59.80M	$10.40M
% Of Pretax Income	11.81%	31.94%	16.67%
Net Earnings	$53.00M	$227.2M	$52.00M
YoY Change	-4.5%	16.04%
Net Earnings / Revenue	9.59%	8.73%	9.87%
Basic Earnings Per Share	$1.52	$6.45	$1.50
Diluted Earnings Per Share	$1.48	$6.26	$1.46
COMMON SHARES
Basic Shares Outstanding	35.22M shares	35.20M shares	34.70M shares
Diluted Shares Outstanding		36.30M shares	35.60M shares

Balance Sheet

Concept	2017 Q1	2017	2016 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$98.60M	$70.90M	$99.50M
YoY Change	15.86%	-28.09%
Cash & Equivalents	$98.60M	$70.90M	$99.50M
Short-Term Investments
Other Short-Term Assets	$44.30M	$62.70M	$53.60M
YoY Change	44.3%	41.53%
Inventory	$314.2M	$400.2M	$325.0M
Prepaid Expenses
Receivables	$383.7M	$478.1M	$371.5M
Other Receivables	$5.400M	$0.00	$1.600M
Total Short-Term Assets	$846.2M	$1.012B	$851.2M
YoY Change	2.35%	19.58%
LONG-TERM ASSETS
Property, Plant & Equipment	$340.8M	$442.8M	$319.4M
YoY Change	6.07%	29.93%
Goodwill	$1.194B		$1.184B
YoY Change	4.67%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$70.80M	$216.1M	$71.00M
YoY Change	-4.97%	35.66%
Total Long-Term Assets	$1.928B	$2.835B	$1.943B
YoY Change	2.0%	47.0%
TOTAL ASSETS
Total Short-Term Assets	$846.2M	$1.012B	$851.2M
Total Long-Term Assets	$1.928B	$2.835B	$1.943B
Total Assets	$2.774B	$3.846B	$2.794B
YoY Change	2.11%	38.64%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$138.8M	$191.7M	$142.3M
YoY Change	1.68%	38.11%
Accrued Expenses	$261.0M	$234.5M	$272.1M
YoY Change	9.66%	25.67%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$102.0M	$3.600M	$114.6M
YoY Change	794.74%	-96.47%
Total Short-Term Liabilities	$501.8M	$540.6M	$529.0M
YoY Change	27.49%	7.73%
LONG-TERM LIABILITIES
Long-Term Debt	$509.7M	$1.069B	$492.6M
YoY Change	-32.41%	107.31%
Other Long-Term Liabilities	$202.4M	$227.4M	$221.2M
YoY Change	-7.11%	29.5%
Total Long-Term Liabilities	$712.1M	$1.297B	$713.8M
YoY Change	-26.74%	87.55%
TOTAL LIABILITIES
Total Short-Term Liabilities	$501.8M	$540.6M	$529.0M
Total Long-Term Liabilities	$712.1M	$1.297B	$713.8M
Total Liabilities	$1.220B	$1.899B	$1.249B
YoY Change	-11.14%	55.66%
SHAREHOLDERS EQUITY
Retained Earnings	$1.912B		$1.859B
YoY Change	11.09%
Common Stock	$336.1M		$339.2M
YoY Change	-2.78%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$242.9M		$259.3M
YoY Change	-21.62%
Treasury Stock Shares	2.587M shares		2.758M shares
Shareholders Equity	$1.554B	$1.947B	-$394.2M
YoY Change
Total Liabilities & Shareholders Equity	$2.774B	$3.846B	$2.794B
YoY Change	2.11%	38.64%

Cashflow Statement

Concept	2017 Q1	2017	2016 Q4
OPERATING ACTIVITIES
Net Income	$53.00M	$227.2M	$52.00M
YoY Change	-4.5%	16.04%
Depreciation, Depletion And Amortization	$21.70M	$65.90M	$22.80M
YoY Change	-3.12%	13.04%
Cash From Operating Activities	$66.30M	$374.7M	$98.00M
YoY Change	8.69%	78.26%
INVESTING ACTIVITIES
Capital Expenditures	-$42.70M	$58.50M	-$14.40M
YoY Change	177.27%	24.47%
Acquisitions		$93.40M
YoY Change		40.03%
Other Investing Activities	-$15.00M	-$1.400M	$9.700M
YoY Change	476.92%	-97.79%
Cash From Investing Activities	-$57.70M	-$831.2M	-$4.700M
YoY Change	220.56%	656.32%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net		$0.00
YoY Change		-100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-3.500M	$414.1M	-63.60M
YoY Change	-86.94%	-385.59%
NET CHANGE
Cash From Operating Activities	66.30M	$374.7M	98.00M
Cash From Investing Activities	-57.70M	-$831.2M	-4.700M
Cash From Financing Activities	-3.500M	$414.1M	-63.60M
Net Change In Cash	5.100M	-$27.70M	29.70M
YoY Change	-68.52%	-38.03%
FREE CASH FLOW
Cash From Operating Activities	$66.30M	$374.7M	$98.00M
Capital Expenditures	-$42.70M	$58.50M	-$14.40M
Free Cash Flow	$109.0M	$316.2M	$112.4M
YoY Change	42.67%	93.75%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2017
	dei	Document Period End Date DocumentPeriodEndDate	2017-10-01
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0001094285
CY2017Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	35436487	shares
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	TELEDYNE TECHNOLOGIES INC
CY2017Q4	tdy	Effective Income Tax Rate Reconcilation Remeasurement Of Uncertain Tax Positions Due To Expiration Of Statute Of Limitations Amount EffectiveIncomeTaxRateReconcilationRemeasurementOfUncertainTaxPositionsDueToExpirationOfStatuteOfLimitationsAmount	-7400000	USD
	tdy	Effective Income Tax Rate Reconcilation Remeasurement Of Uncertain Tax Positions Due To Expiration Of Statute Of Limitations Amount EffectiveIncomeTaxRateReconcilationRemeasurementOfUncertainTaxPositionsDueToExpirationOfStatuteOfLimitationsAmount	-7700000	USD
CY2017Q4	tdy	Effective Income Tax Rate Reconciliation Changein Deferred Tax Assets Valuation Allowance Discrete Items Amount EffectiveIncomeTaxRateReconciliationChangeinDeferredTaxAssetsValuationAllowanceDiscreteItemsAmount	-400000	USD
	tdy	Effective Income Tax Rate Reconciliation Changein Deferred Tax Assets Valuation Allowance Discrete Items Amount EffectiveIncomeTaxRateReconciliationChangeinDeferredTaxAssetsValuationAllowanceDiscreteItemsAmount	-8500000	USD
CY2016Q4	tdy	Effective Income Tax Rate Reconciliation Discrete Items Amount EffectiveIncomeTaxRateReconciliationDiscreteItemsAmount	6600000	USD
	tdy	Effective Income Tax Rate Reconciliation Discrete Items Amount EffectiveIncomeTaxRateReconciliationDiscreteItemsAmount	1500000	USD
CY2017Q4	tdy	Effective Income Tax Rate Reconciliation Discrete Items Amount EffectiveIncomeTaxRateReconciliationDiscreteItemsAmount	-9900000	USD
	tdy	Effective Income Tax Rate Reconciliation Discrete Items Amount EffectiveIncomeTaxRateReconciliationDiscreteItemsAmount	-15900000	USD
CY2016Q4	tdy	Effective Income Tax Rate Reconciliation Dispositionof Asset Discrete Items Amount EffectiveIncomeTaxRateReconciliationDispositionofAssetDiscreteItemsAmount	6700000	USD
CY2016Q4	tdy	Effective Income Tax Rate Reconciliation Percent Excluding Discrete Items EffectiveIncomeTaxRateReconciliationPercentExcludingDiscreteItems	0.272
	tdy	Effective Income Tax Rate Reconciliation Percent Excluding Discrete Items EffectiveIncomeTaxRateReconciliationPercentExcludingDiscreteItems	0.274
CY2017Q4	tdy	Effective Income Tax Rate Reconciliation Percent Excluding Discrete Items EffectiveIncomeTaxRateReconciliationPercentExcludingDiscreteItems	0.277
	tdy	Effective Income Tax Rate Reconciliation Percent Excluding Discrete Items EffectiveIncomeTaxRateReconciliationPercentExcludingDiscreteItems	0.277
CY2016Q4	tdy	Effective Income Tax Rate Reconciliation Sharebased Compensation Excess Tax Benefit Amount EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitAmount	-4000000	USD
	tdy	Effective Income Tax Rate Reconciliation Sharebased Compensation Excess Tax Benefit Amount EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitAmount	-5800000	USD
CY2017Q4	tdy	Effective Income Tax Rate Reconciliation Sharebased Compensation Excess Tax Benefit Amount EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitAmount	-2300000	USD
	tdy	Effective Income Tax Rate Reconciliation Sharebased Compensation Excess Tax Benefit Amount EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitAmount	-5100000	USD
	tdy	Effective Income Tax Rate Reconciliation Tax Settlement Discrete Items Amount EffectiveIncomeTaxRateReconciliationTaxSettlementDiscreteItemsAmount	4600000	USD
CY2017Q1	tdy	Inventories At Average Cost Or Fifo Methods InventoriesAtAverageCostOrFifoMethods	268400000	USD
CY2017Q4	tdy	Inventories At Average Cost Or Fifo Methods InventoriesAtAverageCostOrFifoMethods	372200000	USD
CY2017Q1	tdy	Long Term Debt Current Maturitiesand Debt Issuance Costs Net LongTermDebtCurrentMaturitiesandDebtIssuanceCostsNet	102000000	USD
CY2017Q4	tdy	Long Term Debt Current Maturitiesand Debt Issuance Costs Net LongTermDebtCurrentMaturitiesandDebtIssuanceCostsNet	3400000	USD
CY2017Q4	tdy	Net Sales Percentage Change NetSalesPercentageChange	0.257
	tdy	Net Sales Percentage Change NetSalesPercentageChange	0.189
CY2017Q4	tdy	Reserves For Environmental Remediation Obligations ReservesForEnvironmentalRemediationObligations	5500000	USD
CY2014	tdy	Revenue Recognition Percentageof Completion Method Revenue Recognized Percent RevenueRecognitionPercentageofCompletionMethodRevenueRecognizedPercent	0.287
CY2016	tdy	Revenue Recognition Percentageof Completion Method Revenue Recognized Percent RevenueRecognitionPercentageofCompletionMethodRevenueRecognizedPercent	0.312
CY2017	tdy	Revenue Recognition Percentageof Completion Method Revenue Recognized Percent RevenueRecognitionPercentageofCompletionMethodRevenueRecognizedPercent	0.305
CY2017Q4	tdy	Segment Operating Profit And Other Segment Income Percentage Change SegmentOperatingProfitAndOtherSegmentIncomePercentageChange	0.350
	tdy	Segment Operating Profit And Other Segment Income Percentage Change SegmentOperatingProfitAndOtherSegmentIncomePercentageChange	0.294
CY2017Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	138800000	USD
CY2017Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	186000000	USD
CY2017Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	383700000	USD
CY2017Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	466000000	USD
CY2017Q1	us-gaap	Accrual For Environmental Loss Contingencies AccrualForEnvironmentalLossContingencies	7000000	USD
CY2017Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	261000000	USD
CY2017Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	336600000	USD
CY2017Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	468500000	USD
CY2017Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	519800000	USD
CY2017Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-451200000	USD
CY2017Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-344800000	USD
CY2017Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	335700000	USD
CY2017Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	337100000	USD
CY2016Q4	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	2500000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	8800000	USD
CY2017Q4	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	3200000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	11000000	USD
CY2016Q4	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	336457	shares
CY2017Q4	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	600	shares
CY2017Q1	us-gaap	Assets Assets	2774400000	USD
CY2017Q4	us-gaap	Assets Assets	3847500000	USD
CY2017Q1	us-gaap	Assets Current AssetsCurrent	846200000	USD
CY2017Q4	us-gaap	Assets Current AssetsCurrent	1041000000	USD
CY2016Q4	us-gaap	Business Acquisition Pro Forma Earnings Per Share Basic BusinessAcquisitionProFormaEarningsPerShareBasic	1.60
	us-gaap	Business Acquisition Pro Forma Earnings Per Share Basic BusinessAcquisitionProFormaEarningsPerShareBasic	3.66
CY2017Q4	us-gaap	Business Acquisition Pro Forma Earnings Per Share Basic BusinessAcquisitionProFormaEarningsPerShareBasic	1.95
	us-gaap	Business Acquisition Pro Forma Earnings Per Share Basic BusinessAcquisitionProFormaEarningsPerShareBasic	4.04
CY2016Q4	us-gaap	Business Acquisition Pro Forma Earnings Per Share Diluted BusinessAcquisitionProFormaEarningsPerShareDiluted	1.56
	us-gaap	Business Acquisition Pro Forma Earnings Per Share Diluted BusinessAcquisitionProFormaEarningsPerShareDiluted	3.57
CY2017Q4	us-gaap	Business Acquisition Pro Forma Earnings Per Share Diluted BusinessAcquisitionProFormaEarningsPerShareDiluted	1.90
	us-gaap	Business Acquisition Pro Forma Earnings Per Share Diluted BusinessAcquisitionProFormaEarningsPerShareDiluted	3.93
CY2016Q4	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	55500000	USD
	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	126300000	USD
CY2017Q4	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	69000000	USD
	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	142200000	USD
CY2017Q1	us-gaap	Capital Lease Obligations CapitalLeaseObligations	7400000	USD
CY2017Q4	us-gaap	Capital Lease Obligations CapitalLeaseObligations	7000000	USD
CY2017Q1	us-gaap	Capital Lease Obligations Current CapitalLeaseObligationsCurrent	1300000	USD
CY2017Q4	us-gaap	Capital Lease Obligations Current CapitalLeaseObligationsCurrent	1300000	USD
CY2016Q1	us-gaap	Cash Cash	85100000	USD
CY2016Q4	us-gaap	Cash Cash	99500000	USD
CY2017Q1	us-gaap	Cash Cash	98600000	USD
CY2017Q4	us-gaap	Cash Cash	82500000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	14400000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-16100000	USD
CY2017Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2017Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2017Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2017Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2017Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	125000000	shares
CY2017Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	125000000	shares
CY2017Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	37697865	shares
CY2017Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	37697865	shares
CY2017Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	35110762	shares
CY2017Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	35436187	shares
CY2017Q1	us-gaap	Common Stock Value CommonStockValue	400000	USD
CY2017Q4	us-gaap	Common Stock Value CommonStockValue	400000	USD
CY2016Q4	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	46700000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	156900000	USD
CY2017Q4	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	110900000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	266000000	USD
CY2016Q4	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	317000000	USD
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	978000000	USD
CY2017Q4	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	405800000	USD
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	1178300000	USD
CY2016Q4	us-gaap	Costs And Expenses CostsAndExpenses	458000000	USD
	us-gaap	Costs And Expenses CostsAndExpenses	1413700000	USD
CY2017Q4	us-gaap	Costs And Expenses CostsAndExpenses	569300000	USD
	us-gaap	Costs And Expenses CostsAndExpenses	1662200000	USD
CY2017Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	611700000	USD
CY2017Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	1190900000	USD
CY2017Q1	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	1400000	USD
CY2017Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	2200000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	9000000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-1300000	USD
	us-gaap	Defined Benefit Plan Contributions By Employer DefinedBenefitPlanContributionsByEmployer	0	USD
	us-gaap	Defined Benefit Plan Contributions By Employer DefinedBenefitPlanContributionsByEmployer	0	USD
CY2017Q4	us-gaap	Defined Benefit Plan Expected Future Employer Contributions Remainder Of Fiscal Year DefinedBenefitPlanExpectedFutureEmployerContributionsRemainderOfFiscalYear	0	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	65600000	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	87400000	USD
CY2017Q1	us-gaap	Derivative Fair Value Amount Offset Against Collateral Net DerivativeFairValueAmountOffsetAgainstCollateralNet	4300000	USD
CY2017Q4	us-gaap	Derivative Fair Value Amount Offset Against Collateral Net DerivativeFairValueAmountOffsetAgainstCollateralNet	-4100000	USD
CY2016Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.50
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	4.00
CY2017Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.95
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	4.53
CY2016Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.46
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.90
CY2017Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.90
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	4.41
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-1500000	USD
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	13200000	USD
CY2016Q4	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.167
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.239
CY2017Q4	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.156
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.197
CY2017Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	234600000	USD
CY2017Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	408200000	USD
CY2016Q4	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	17900000	USD
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	17900000	USD
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	0	USD
CY2017Q1	us-gaap	Goodwill Goodwill	1193500000	USD
CY2017Q4	us-gaap	Goodwill Goodwill	1748900000	USD
	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	471100000	USD
CY2016Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	62400000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	181200000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	6900000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	12600000	USD
CY2017Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	81700000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	198700000	USD
CY2016Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	10400000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	43300000	USD
CY2017Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	12700000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	39100000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-2300000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	7700000	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	37500000	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	11400000	USD
	us-gaap	Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable	26700000	USD
	us-gaap	Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable	11900000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	18900000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	36900000	USD
	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	-800000	USD
	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	12500000	USD
	us-gaap	Increase Decrease In Other Noncurrent Liabilities IncreaseDecreaseInOtherNoncurrentLiabilities	6000000	USD
	us-gaap	Increase Decrease In Other Noncurrent Liabilities IncreaseDecreaseInOtherNoncurrentLiabilities	16100000	USD
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	3700000	USD
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-8500000	USD
	us-gaap	Increase Decrease In Pension And Postretirement Obligations IncreaseDecreaseInPensionAndPostretirementObligations	-12300000	USD
	us-gaap	Increase Decrease In Pension And Postretirement Obligations IncreaseDecreaseInPensionAndPostretirementObligations	-13900000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	1400000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	1200000	USD
	us-gaap	Increase In Restricted Cash IncreaseInRestrictedCash	19500000	USD
	us-gaap	Increase In Restricted Cash IncreaseInRestrictedCash	0	USD
CY2016Q4	us-gaap	Interest Expense InterestExpense	5600000	USD
	us-gaap	Interest Expense InterestExpense	17200000	USD
CY2017Q4	us-gaap	Interest Expense InterestExpense	8200000	USD
	us-gaap	Interest Expense InterestExpense	25500000	USD
CY2017Q1	us-gaap	Inventory Finished Goods InventoryFinishedGoods	43000000	USD
CY2017Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	57700000	USD
CY2017Q1	us-gaap	Inventory Gross InventoryGross	336800000	USD
CY2017Q4	us-gaap	Inventory Gross InventoryGross	452300000	USD
CY2017Q1	us-gaap	Inventory Lifo Reserve InventoryLIFOReserve	13500000	USD
CY2017Q4	us-gaap	Inventory Lifo Reserve InventoryLIFOReserve	12000000	USD
CY2017Q1	us-gaap	Inventory Net InventoryNet	314200000	USD
CY2017Q4	us-gaap	Inventory Net InventoryNet	431900000	USD
CY2017Q1	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	146000000	USD
CY2017Q4	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	201200000	USD
CY2017Q1	us-gaap	Inventory Work In Process InventoryWorkInProcess	147800000	USD
CY2017Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	193400000	USD
CY2017Q1	us-gaap	Lifo Inventory Amount LIFOInventoryAmount	68400000	USD
CY2017Q4	us-gaap	Lifo Inventory Amount LIFOInventoryAmount	80100000	USD
CY2017Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	3847500000	USD
CY2017Q1	us-gaap	Liabilities Current LiabilitiesCurrent	501800000	USD
CY2017Q4	us-gaap	Liabilities Current LiabilitiesCurrent	525100000	USD
CY2017Q1	us-gaap	Liabilities Liabilities	1220000000	USD
CY2017Q4	us-gaap	Liabilities Liabilities	1994100000	USD
CY2017Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2774400000	USD
CY2017Q1	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	515800000	USD
CY2017Q4	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	1193200000	USD
CY2017Q1	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	102000000	USD
CY2017Q4	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	2500000	USD
CY2017Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	509700000	USD
CY2017Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	1187500000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-141500000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	535600000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-93300000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-813200000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	250700000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	248300000	USD
CY2016Q4	us-gaap	Net Income Loss NetIncomeLoss	52000000	USD
	us-gaap	Net Income Loss NetIncomeLoss	137900000	USD
CY2017Q4	us-gaap	Net Income Loss NetIncomeLoss	69000000	USD
	us-gaap	Net Income Loss NetIncomeLoss	159600000	USD
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	4	segment
CY2016Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	68800000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	183300000	USD
CY2017Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	92900000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	237200000	USD
CY2017Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	70800000	USD
CY2017Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	87500000	USD
CY2016Q4	us-gaap	Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent	-3300000	USD
	us-gaap	Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent	-10800000	USD
CY2017Q4	us-gaap	Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent	-3200000	USD
	us-gaap	Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent	-10000000	USD
CY2016Q4	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent	-900000	USD
	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent	4600000	USD
CY2017Q4	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent	1900000	USD
	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent	4800000	USD
CY2016Q4	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-7700000	USD
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	3600000	USD
CY2017Q4	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	36800000	USD
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	91600000	USD
CY2016Q4	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	-8500000	USD
	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	6100000	USD
CY2017Q4	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	37400000	USD
	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	90100000	USD
CY2016Q4	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-5300000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	19000000	USD
CY2017Q4	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	41900000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	106400000	USD
CY2017Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	202400000	USD
CY2017Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	275800000	USD
CY2016Q4	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-800000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	15100000	USD
CY2017Q4	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-3000000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-13000000	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	58500000	USD
CY2017	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	93400000	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	773800000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	44900000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	40500000	USD
CY2017Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2017Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2017Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2017Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2017Q1	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2017Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2017Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	49700000	USD
CY2017Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	60600000	USD
CY2017Q1	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	88500000	USD
CY2017Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	109800000	USD
	us-gaap	Proceeds From Issuance Of Medium Term Notes ProceedsFromIssuanceOfMediumTermNotes	0	USD
	us-gaap	Proceeds From Issuance Of Medium Term Notes ProceedsFromIssuanceOfMediumTermNotes	100000000	USD
	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	0	USD
	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	268000000	USD
	us-gaap	Proceeds From Other Debt ProceedsFromOtherDebt	6100000	USD
	us-gaap	Proceeds From Other Debt ProceedsFromOtherDebt	0	USD
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-1100000	USD
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-4400000	USD
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	-150500000	USD
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	285000000	USD
	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	29600000	USD
	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	1100000	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	26700000	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	18700000	USD
CY2017Q1	us-gaap	Progress Payments Netted Against Inventory For Long Term Contracts Or Programs ProgressPaymentsNettedAgainstInventoryForLongTermContractsOrPrograms	9100000	USD
CY2017Q4	us-gaap	Progress Payments Netted Against Inventory For Long Term Contracts Or Programs ProgressPaymentsNettedAgainstInventoryForLongTermContractsOrPrograms	8400000	USD
CY2017Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	340800000	USD
CY2017Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	452100000	USD
CY2016Q4	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	-3200000	USD
	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	-12900000	USD
CY2017Q4	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	-4500000	USD
	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	-16300000	USD
	us-gaap	Repayments Of Other Debt RepaymentsOfOtherDebt	22700000	USD
	us-gaap	Repayments Of Other Debt RepaymentsOfOtherDebt	131700000	USD
CY2016Q4	us-gaap	Restructuring Charges RestructuringCharges	3100000	USD
	us-gaap	Restructuring Charges RestructuringCharges	15300000	USD
CY2017Q4	us-gaap	Restructuring Charges RestructuringCharges	2600000	USD
	us-gaap	Restructuring Charges RestructuringCharges	6100000	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0
CY2017Q4	us-gaap	Restructuring Reserve Current RestructuringReserveCurrent	900000	USD
CY2017Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	1912400000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	1899400000	USD
CY2016Q4	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	141000000	USD
CY2017Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	2072000000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	435700000	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.323
CY2017Q4	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	163500000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	483900000	USD
CY2016Q4	us-gaap	Sales Revenue Net SalesRevenueNet	526800000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	1597000000	USD
CY2017Q4	us-gaap	Sales Revenue Net SalesRevenueNet	662200000	USD
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P7Y2M0D
CY2016Q1	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	17100000	USD
CY2016Q4	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	19700000	USD
CY2017Q1	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	18400000	USD
CY2017Q4	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	21000000	USD
	us-gaap	Standard Product Warranty Accrual Additions From Business Acquisition StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition	300000	USD
	us-gaap	Standard Product Warranty Accrual Additions From Business Acquisition StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition	3100000	USD
	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	4700000	USD
	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	5300000	USD
	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	7000000	USD
	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	4800000	USD
	us-gaap	Stock Option Plan Expense StockOptionPlanExpense	12200000	USD
	us-gaap	Stock Option Plan Expense StockOptionPlanExpense	14300000	USD
CY2017Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1554400000	USD
CY2017Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1853400000	USD
CY2017Q1	us-gaap	Treasury Stock Shares TreasuryStockShares	2587103	shares
CY2017Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	2261678	shares
CY2017Q1	us-gaap	Treasury Stock Value TreasuryStockValue	242900000	USD
CY2017Q4	us-gaap	Treasury Stock Value TreasuryStockValue	211300000	USD
CY2016Q4	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	900000	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	900000	shares
CY2017Q4	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	1100000	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	1000000	shares
CY2016Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	35600000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	35400000	shares
CY2017Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	36400000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	36200000	shares
CY2016Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	34700000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	34500000	shares
CY2017Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	35300000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	35200000	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 (“Teledyne” or the “Company”) 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 (“GAAP”) as they apply to interim reporting. The condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and the related notes in Teledyne’s Annual Report on Form 10-K for the fiscal year ended </font><font style="font-family:inherit;font-size:10pt;">January 1, 2017</font><font style="font-family:inherit;font-size:10pt;"> (“</font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;"> Form 10-K”).</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’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’s consolidated financial position as of </font><font style="font-family:inherit;font-size:10pt;">October 1, 2017</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 cash flows for the nine months then ended. The results of operations and cash flows for the period ended </font><font style="font-family:inherit;font-size:10pt;">October 1, 2017</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:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Recent Accounting Pronouncements</font></div><div style="line-height:120%;padding-bottom:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In January 2017, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2017-04, Simplifying the Test for Goodwill Impairment, which eliminates the computation of the implied fair value of goodwill to measure a goodwill impairment charge. Instead, entities will record a goodwill impairment charge based on the excess of a reporting unit’s carrying amount over its fair value. The new standard is effective for interim and annual reporting periods beginning after December 15, 2019, with early adoption permitted. We expect the adoption of this standard will reduce the complexity surrounding the evaluation of goodwill for impairment. The impact of this new standard for the Company will depend on the outcomes of future goodwill impairment tests.</font></div><div style="line-height:120%;padding-bottom:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In March 2017, the FASB issued ASU No. 2017-07, “Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost.” This ASU requires the service cost component of net benefit costs to be disaggregated from all other components and be reported in the same line item or items as other compensation costs and allow only the service cost component to be eligible for capitalization when applicable. The other components of net benefit cost are required to be presented in the income statement separately from the service cost component and before income from operations. This ASU is effective for the Company for interim and annual periods beginning January 1, 2018. Upon adoption, the amendments in this update will be applied retrospectively for the presentation of the components of net benefit cost, and prospectively for the capitalization of the service cost component of net benefit cost. The adoption of this standard will not impact pre-tax income or earnings per share reported for the years ended December 31, 2017 and January 1, 2017 and is not expected to materially impact pre-tax income or earnings per share for the year ended December 30, 2018. The impacts to operating income from the re-classification of the other components of net benefit cost for the years ended December 31, 2017 and January 1, 2017 are immaterial. The impacts to operating income from the re-classification of the other components on net benefit cost for the year ended December 31, 2018 will be known when the Company measures its plan assets and benefit obligations as of December 31, 2017.</font></div><div style="line-height:120%;padding-bottom:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers, 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. The new standard, as subsequently amended, is effective for Teledyne for interim and annual reporting periods beginning after December 15, 2017, with early adoption permitted for interim and annual reporting periods beginning after December 15, 2016. The new standard can be adopted either retrospectively to each prior reporting period presented or as a cumulative-effect adjustment as of the date of adoption.</font></div><div style="line-height:120%;padding-bottom:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Under the new standard, an entity recognizes revenue when or as it satisfies a performance obligation by transferring control of a good or service to the customer, either at a point in time or over time. Under the new standard, Teledyne expects to recognize revenue over time on most of its contracts that are covered by contract accounting standards using cost inputs to measure progress toward completion of its performance obligations, which is similar to the percentage-of-completion (“POC”) cost-to-cost method currently used on certain of these contracts.  Therefore, adoption of the ASU will primarily impact our contracts for which revenue is currently recognized using the POC units-of-delivery and milestone methods as we expect to recognize revenue for these contracts over time using the POC cost-to-cost method. These contracts represent approximately half of the revenue currently recognized under the POC method. The percentage of Teledyne revenue recognized using any POC method was </font><font style="font-family:inherit;font-size:10pt;">30.5%</font><font style="font-family:inherit;font-size:10pt;"> in 2016, </font><font style="font-family:inherit;font-size:10pt;">31.2%</font><font style="font-family:inherit;font-size:10pt;"> in 2015, and </font><font style="font-family:inherit;font-size:10pt;">28.7%</font><font style="font-family:inherit;font-size:10pt;"> in 2014. Also, to a lesser extent, we expect certain ship and bill contracts for custom products and products sold to the U.S. Government, as well as service and repair contracts will be recognized over time. Accordingly, revenue will be recognized earlier in the performance period as costs are incurred, as opposed to recognizing revenue when units are delivered, milestones achieved or services performed. This change will also impact our backlog and balance sheet presentation with an expected decrease in inventories, an increase in accounts receivable (i.e., unbilled receivables) and a net increase to retained earnings to primarily reflect the impact of converting certain ship and bill contracts and contracts currently applying the units-of-delivery and milestone methods to the cost-to-cost method for recognizing revenue and profits. </font></div><div style="line-height:120%;padding-bottom:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company will adopt the standard as of January 1, 2018, using the modified retrospective transition method and is currently quantifying the impact of the adoption on its consolidated financial statements and related disclosures. Under the modified retrospective transition method, the Company will be required to calculate and record the cumulative-effect of adopting the new standard as of January 1, 2018, in the Company’s Quarterly Report on Form 10-Q for the first quarter of 2018. The impact of adopting the new standard to retained earnings is not known at this time, as it will be dependent on the affected contracts that have not been substantially completed as of December 31, 2017. </font></div><div style="line-height:120%;padding-bottom:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In August 2017, the FASB issued ASU No. 2017-12, “Derivatives and Hedging (Topic 815) Targeted Improvements to Accounting for Hedging Activities.” This ASU better aligns an entity’s risk management activities and financial reporting for hedging relationships. This ASU expands and refines hedge accounting for both nonfinancial and financial risk components, and this ASU simplifies and aligns the recognition and presentation of the effects of the hedging instrument and the hedged item in the financial statements. This ASU is effective for fiscal years beginning after December 15, 2018 and for interim periods therein, with early adoption permitted. Teledyne is currently evaluating the impact this guidance will have on the consolidated financial statements and footnote disclosures.</font></div></div>

Files In Submission

Name	View Source	Status
0001094285-17-000119-index-headers.html	Edgar Link	pending
0001094285-17-000119-index.html	Edgar Link	pending
0001094285-17-000119.txt	Edgar Link	pending
0001094285-17-000119-xbrl.zip	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
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
R58.htm	Edgar Link	pending
R59.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R60.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-10q320171001.htm	Edgar Link	pending
tdy-20171001.xml	Edgar Link	completed
tdy-20171001.xsd	Edgar Link	pending
tdy-20171001_cal.xml	Edgar Link	unprocessable
tdy-20171001_def.xml	Edgar Link	unprocessable
tdy-20171001_lab.xml	Edgar Link	unprocessable
tdy-20171001_pre.xml	Edgar Link	unprocessable
tdy-ex311_10q320171001.htm	Edgar Link	pending
tdy-ex312_10q320171001.htm	Edgar Link	pending
tdy-ex321_10q320171001.htm	Edgar Link	pending
tdy-ex322_10q320171001.htm	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$TDY
TELEDYNE TECHNOLOGIES INC Stock $tdy

2017 Q1 Form 10-Q Financial Statement

#000109428517000119 Filed on November 07, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$TDY TELEDYNE TECHNOLOGIES INC Stock $tdy

2017 Q1 Form 10-Q Financial Statement

#000109428517000119 Filed on November 07, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$TDY
TELEDYNE TECHNOLOGIES INC Stock $tdy