2019 Q4 Form 10-K Financial Statement

#000009836220000045 Filed on February 14, 2020

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q1 2019
Revenue $896.2M $979.7M $3.790B
YoY Change -1.53% 10.94% 5.84%
Cost Of Revenue $640.2M $677.1M $2.648B
YoY Change -2.35% 9.53% 4.23%
Gross Profit $256.0M $302.6M $1.142B
YoY Change 0.59% 14.23% 9.78%
Gross Profit Margin 28.57% 30.89% 30.13%
Selling, General & Admin $159.2M $152.7M $618.6M
YoY Change 7.35% 2.76% 6.53%
% of Gross Profit 62.19% 50.46% 54.18%
Research & Development $41.40M
YoY Change 10.99%
% of Gross Profit 3.63%
Depreciation & Amortization $40.20M $39.50M $160.6M
YoY Change 0.25% 10.34% 10.0%
% of Gross Profit 15.7% 13.05% 14.07%
Operating Expenses $159.2M $152.7M $660.0M
YoY Change 7.35% 2.76% 6.8%
Operating Profit $96.80M $149.9M $516.4M
YoY Change -8.85% 29.11% 13.62%
Interest Expense -$18.30M $18.00M $72.10M
YoY Change 2.23% 80.0% 39.46%
% of Operating Profit -18.9% 12.01% 13.96%
Other Income/Expense, Net $29.90M $3.300M $13.00M
YoY Change -553.03% 371.43% 38.3%
Pretax Income $105.1M $167.6M $472.4M
YoY Change 31.54% 26.3% -11.29%
Income Tax -$12.70M $41.30M $97.70M
% Of Pretax Income -12.08% 24.64% 20.68%
Net Earnings $113.5M $91.90M $362.1M
YoY Change 89.17% 14.59% 19.58%
Net Earnings / Revenue 12.66% 9.38% 9.55%
Basic Earnings Per Share $1.51 $1.21 $4.78
Diluted Earnings Per Share $1.48 $1.19 $4.71
COMMON SHARES
Basic Shares Outstanding 75.57M shares 75.99M shares 75.76M shares
Diluted Shares Outstanding 77.01M shares 76.90M shares

Balance Sheet

Concept 2019 Q4 2019 Q1 2019
SHORT-TERM ASSETS
Cash & Short-Term Investments $209.5M $239.5M $209.5M
YoY Change 58.11% 105.76% 58.11%
Cash & Equivalents $209.5M $239.5M $209.5M
Short-Term Investments
Other Short-Term Assets $105.4M $73.30M $148.8M
YoY Change 36.88% -12.95% 40.64%
Inventory $842.0M $839.4M $842.0M
Prepaid Expenses
Receivables $545.1M $611.3M $545.1M
Other Receivables $129.2M $123.2M $129.2M
Total Short-Term Assets $1.875B $1.920B $1.875B
YoY Change 7.91% 16.64% 7.91%
LONG-TERM ASSETS
Property, Plant & Equipment $989.2M $896.2M $1.103B
YoY Change 8.45% 3.56% 20.96%
Goodwill $993.7M $953.2M
YoY Change 3.46% 84.76%
Intangibles $758.5M $733.9M
YoY Change 3.45% 77.01%
Long-Term Investments
YoY Change
Other Assets $1.996B $21.70M $129.8M
YoY Change 5294.86% -16.22% 27.01%
Total Long-Term Assets $1.996B $1.750B $2.985B
YoY Change 11.15% 68.54% 10.24%
TOTAL ASSETS
Total Short-Term Assets $1.875B $1.920B $1.875B
Total Long-Term Assets $1.996B $1.750B $2.985B
Total Assets $4.860B $4.545B $4.860B
YoY Change 9.33% 28.04% 9.33%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $301.7M $294.3M $301.7M
YoY Change 10.43% 10.39% 10.43%
Accrued Expenses $162.8M $150.2M $162.8M
YoY Change -6.92% 55.17% -6.92%
Deferred Revenue
YoY Change
Short-Term Debt $17.30M $26.00M $17.30M
YoY Change -48.51% -84.44% -48.51%
Long-Term Debt Due $64.70M $9.000M $64.70M
YoY Change 588.3% 233.33% 588.3%
Total Short-Term Liabilities $736.6M $683.6M $736.6M
YoY Change 7.44% -2.66% 7.44%
LONG-TERM LIABILITIES
Long-Term Debt $1.648B $1.747B $1.648B
YoY Change 0.58% 94.81% 0.58%
Other Long-Term Liabilities $84.00M $75.60M $352.2M
YoY Change 19.49% 3.7% 3.5%
Total Long-Term Liabilities $2.169B $2.291B $2.000B
YoY Change 2.44% 75.65% 1.08%
TOTAL LIABILITIES
Total Short-Term Liabilities $736.6M $683.6M $736.6M
Total Long-Term Liabilities $2.169B $2.291B $2.000B
Total Liabilities $2.905B $2.902B $2.992B
YoY Change 3.66% 44.62% 4.4%
SHAREHOLDERS EQUITY
Retained Earnings $1.907B $1.701B
YoY Change 17.0% 15.24%
Common Stock $937.6M $938.2M
YoY Change -1.5% 4.07%
Preferred Stock
YoY Change
Treasury Stock (at cost) $979.8M $952.5M
YoY Change 2.03% 6.97%
Treasury Stock Shares 22.84M shares 22.26M shares
Shareholders Equity $1.868B $1.639B $1.868B
YoY Change
Total Liabilities & Shareholders Equity $4.860B $4.681B $4.860B
YoY Change 9.33% 31.87% 9.33%

Cashflow Statement

Concept 2019 Q4 2019 Q1 2019
OPERATING ACTIVITIES
Net Income $113.5M $91.90M $362.1M
YoY Change 89.17% 14.59% 19.58%
Depreciation, Depletion And Amortization $40.20M $39.50M $160.6M
YoY Change 0.25% 10.34% 10.0%
Cash From Operating Activities $195.3M $52.30M $550.1M
YoY Change 42.04% -218.06% 65.44%
INVESTING ACTIVITIES
Capital Expenditures -$57.70M -$16.20M $140.6M
YoY Change 15.86% -8.99% 24.87%
Acquisitions $2.900M $226.5M
YoY Change -70.41%
Other Investing Activities -$145.0M $2.600M $0.00
YoY Change 2743.14% -100.0%
Cash From Investing Activities -$202.7M -$19.60M -$364.9M
YoY Change 269.22% 40.0% -57.82%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $7.300M $62.70M
YoY Change -48.95% -26.84%
Debt Paid & Issued, Net $116.8M $633.8M
YoY Change 175.47% -4.52%
Cash From Financing Activities 36.70M $73.40M -$100.7M
YoY Change -135.22% 40.34% -118.21%
NET CHANGE
Cash From Operating Activities 195.3M $52.30M $550.1M
Cash From Investing Activities -202.7M -$19.60M -$364.9M
Cash From Financing Activities 36.70M $73.40M -$100.7M
Net Change In Cash 29.30M $107.0M $83.10M
YoY Change -235.65% -2198.04% 979.22%
FREE CASH FLOW
Cash From Operating Activities $195.3M $52.30M $550.1M
Capital Expenditures -$57.70M -$16.20M $140.6M
Free Cash Flow $253.0M $68.50M $409.5M
YoY Change 35.08% -358.49% 86.22%

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62700000 USD
CY2019 us-gaap Stock Issued During Period Value Share Based Compensation
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27500000 USD
CY2019 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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0 USD
CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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15400000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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1954800000 USD
CY2019Q4 us-gaap Common Stock Value Outstanding
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53100000 USD
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937600000 USD
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1907400000 USD
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CY2019Q4 us-gaap Treasury Stock Value
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CY2019Q4 us-gaap Minority Interest
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86600000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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6700000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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600000 USD
CY2019Q4 us-gaap Percentage Of Fifo Inventory
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0.59
CY2019Q4 us-gaap Percentage Of Lifo Inventory
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0.41
CY2019Q4 us-gaap Short Term Investments
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25800000 USD
CY2018Q4 us-gaap Short Term Investments
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21800000 USD
CY2019 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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6100000 USD
CY2018 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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3600000 USD
CY2017 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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3700000 USD
CY2019 us-gaap Use Of Estimates
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<div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;font-weight:bold;">Use of Estimates: </span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;">The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Because actual results could differ from these estimates, the Company reviews and updates these estimates and assumptions regularly to reflect recent experience.</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;"><br/></span></div>
CY2018Q4 us-gaap Operating Lease Right Of Use Asset
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CY2019Q1 us-gaap Operating Lease Right Of Use Asset
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114100000 USD
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733200000 USD
CY2019Q1 us-gaap Intangible Assets Net Excluding Goodwill
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733900000 USD
CY2018Q4 us-gaap Other Assets Noncurrent
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37000000.0 USD
CY2019Q1 us-gaap Other Assets Noncurrent
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21700000 USD
CY2018Q4 us-gaap Assets
Assets
4445200000 USD
CY2019Q1 us-gaap Assets
Assets
4544700000 USD
CY2018Q4 us-gaap Operating Lease Liability Current
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0 USD
CY2019Q1 us-gaap Operating Lease Liability Current
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29800000 USD
CY2018Q4 us-gaap Operating Lease Liability Noncurrent
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0 USD
CY2019Q1 us-gaap Operating Lease Liability Noncurrent
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69700000 USD
CY2018Q4 us-gaap Liabilities
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2802500000 USD
CY2019Q1 us-gaap Liabilities
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2902000000.0 USD
CY2019 us-gaap Depreciation Depletion And Amortization
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160600000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
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146000000.0 USD
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-1900000 USD
CY2019Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangibles
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84400000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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3789900000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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3580800000 USD
CY2017 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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3003800000 USD
CY2019Q4 us-gaap Revenue Remaining Performance Obligation
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204600000 USD
CY2018Q4 us-gaap Contract With Customer Asset Net
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116600000 USD
CY2019 us-gaap Increase Decrease In Cost In Excess Of Billing On Uncompleted Contract
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444000000.0 USD
CY2019 us-gaap Contract With Customer Asset Reclassified To Receivable
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431400000 USD
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129200000 USD
CY2019 us-gaap Number Of Reportable Segments
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2
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3789900000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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3580800000 USD
CY2017 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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3003800000 USD
CY2019 tkr Earnings Before Interest Tax Depreciationand Amortization
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751500000 USD
CY2018 tkr Earnings Before Interest Tax Depreciationand Amortization
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677900000 USD
CY2017 tkr Earnings Before Interest Tax Depreciationand Amortization
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498500000 USD
CY2019 us-gaap Defined Benefit Plan Actuarial Gain Loss Immediate Recognition As Component In Net Periodic Benefit Cost Credit
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4100000 USD
CY2018 us-gaap Defined Benefit Plan Actuarial Gain Loss Immediate Recognition As Component In Net Periodic Benefit Cost Credit
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-12800000 USD
CY2017 us-gaap Defined Benefit Plan Actuarial Gain Loss Immediate Recognition As Component In Net Periodic Benefit Cost Credit
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-18100000 USD
CY2017 us-gaap Depreciation Depletion And Amortization
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137700000 USD
CY2019 us-gaap Interest Income Expense Net
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-67200000 USD
CY2018 us-gaap Interest Income Expense Net
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-49600000 USD
CY2017 us-gaap Interest Income Expense Net
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-34200000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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472400000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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408100000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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259900000 USD
CY2019Q4 us-gaap Assets
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4859900000 USD
CY2018Q4 us-gaap Assets
Assets
4445200000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
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140600000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
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112600000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
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104700000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
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160600000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
146000000.0 USD
CY2017 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
137700000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
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989200000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
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912100000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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190700000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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202000000.0 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
107400000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
281700000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
206100000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
152500000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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472400000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
408100000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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259900000 USD
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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99200000 USD
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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85700000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
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20800000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
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46100000 USD
CY2017 us-gaap Current Federal Tax Expense Benefit
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9100000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
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4800000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
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9900000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
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4600000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
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81000000.0 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
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68000000.0 USD
CY2017 us-gaap Current Foreign Tax Expense Benefit
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44300000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
106600000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
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124000000.0 USD
CY2017 us-gaap Current Income Tax Expense Benefit
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58000000.0 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
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39800000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
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13600000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
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6500000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
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-55200000 USD
CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
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-800000 USD
CY2017 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-8900000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-21400000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
97700000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
102600000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
57600000 USD
CY2019 us-gaap Income Taxes Paid
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118600000 USD
CY2018 us-gaap Income Taxes Paid
IncomeTaxesPaid
121300000 USD
CY2017 us-gaap Income Taxes Paid
IncomeTaxesPaid
89900000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.21
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
91000000.0 USD
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
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7400000 USD
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
6800000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
3100000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Contingencies Foreign
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26400000 USD
CY2018 us-gaap Income Tax Reconciliation Tax Contingencies Foreign
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21100000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Contingencies Foreign
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93000000.0 USD
CY2019 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
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6000000.0 USD
CY2018 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
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0 USD
CY2017 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
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CY2019 us-gaap Income Tax Reconciliation Tax Exempt Income
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CY2018 us-gaap Income Tax Reconciliation Tax Exempt Income
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CY2017 us-gaap Income Tax Reconciliation Tax Exempt Income
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CY2019 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
12600000 USD
CY2018 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
11100000 USD
CY2017 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2019 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
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0 USD
CY2018 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
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0 USD
CY2017 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
3900000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Credits Foreign
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18300000 USD
CY2018 us-gaap Income Tax Reconciliation Tax Credits Foreign
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21200000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Credits Foreign
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104200000 USD
CY2019 us-gaap Tax Adjustments Settlements And Unusual Provisions
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11100000 USD
CY2018 us-gaap Tax Adjustments Settlements And Unusual Provisions
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CY2017 us-gaap Tax Adjustments Settlements And Unusual Provisions
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CY2019 us-gaap Valuation Allowances And Reserves Adjustments
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44500000 USD
CY2018 us-gaap Valuation Allowances And Reserves Adjustments
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CY2017 us-gaap Valuation Allowances And Reserves Adjustments
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12600000 USD
CY2019 us-gaap Deferred Other Tax Expense Benefit
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5300000 USD
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CY2017 us-gaap Deferred Other Tax Expense Benefit
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CY2019 us-gaap Income Tax Reconciliation Other Reconciling Items
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CY2018 us-gaap Income Tax Reconciliation Other Reconciling Items
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CY2017 us-gaap Income Tax Reconciliation Other Reconciling Items
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35300000 USD
CY2019 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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5000000.0 USD
CY2018 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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2400000 USD
CY2017 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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CY2018 us-gaap Income Tax Reconciliation Other Adjustments
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12200000 USD
CY2017 us-gaap Income Tax Reconciliation Other Adjustments
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CY2019 us-gaap Income Tax Expense Benefit
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CY2017 us-gaap Income Tax Expense Benefit
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CY2018 us-gaap Effective Income Tax Rate Continuing Operations
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0.251
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
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CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2018 us-gaap Income Tax Expense Benefit
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CY2019 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
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6000000.0 USD
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651100000 USD
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100000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
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28900000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
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55100000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
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59500000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Other
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10900000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Other
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16800000 USD
CY2019Q4 tkr Deferred Tax Assets Tax Loss And Credit Carryforwards
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86000000.0 USD
CY2018Q4 tkr Deferred Tax Assets Tax Loss And Credit Carryforwards
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86100000 USD
CY2019Q4 us-gaap Deferred Tax Assets Other
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46900000 USD
CY2018Q4 us-gaap Deferred Tax Assets Other
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42900000 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
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33700000 USD
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
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165300000 USD
CY2018Q4 us-gaap Deferred Tax Assets Net
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156700000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities
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CY2018Q4 us-gaap Deferred Income Tax Liabilities
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235700000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities
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96300000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities
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79000000.0 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
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38900000 USD
CY2019Q4 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
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7700000 USD
CY2019Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
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26000000.0 USD
CY2018Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
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CY2017Q4 us-gaap Unrecognized Tax Benefits
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CY2017Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
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CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
26000000.0 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
14000000.0 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
39200000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
3600000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
400000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
2700000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
11700000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
17800000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
6900000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1100000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
2900000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
5200000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
1200000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
2200000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
100000 USD
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1100000 USD
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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29600000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
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38900000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
26000000.0 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
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14000000.0 USD
CY2019 us-gaap Net Income Loss
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362100000 USD
CY2018 us-gaap Net Income Loss
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302800000 USD
CY2017 us-gaap Net Income Loss
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203400000 USD
CY2019 tkr Less Undistributed Earnings Loss Allocated To Nonvested Stock
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0 USD
CY2018 tkr Less Undistributed Earnings Loss Allocated To Nonvested Stock
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0 USD
CY2017 tkr Less Undistributed Earnings Loss Allocated To Nonvested Stock
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0 USD
CY2019 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
362100000
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77119602 shares
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302800000
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IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
203400000
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75758123 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1138442 shares
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1217879 shares
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1174751 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
76896565 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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78337481 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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78911149 shares
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4.78
CY2018 us-gaap Earnings Per Share Basic
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3.93
CY2017 us-gaap Earnings Per Share Basic
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2.62
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.71
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.86
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.58
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1016435 shares
CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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1139146 shares
CY2017 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
512657 shares
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34200000 USD
CY2018Q4 us-gaap Other Inventory Supplies
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32400000 USD
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99800000 USD
CY2018Q4 us-gaap Inventory Raw Materials
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102400000 USD
CY2019Q4 us-gaap Inventory Work In Process
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307200000 USD
CY2018Q4 us-gaap Inventory Work In Process
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287700000 USD
CY2019Q4 us-gaap Inventory Finished Goods
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436600000 USD
CY2018Q4 us-gaap Inventory Finished Goods
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452700000 USD
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877800000 USD
CY2018Q4 us-gaap Inventory Gross
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875200000 USD
CY2019Q4 us-gaap Inventory Valuation Reserves
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35800000 USD
CY2018Q4 us-gaap Inventory Valuation Reserves
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39500000 USD
CY2019Q4 us-gaap Inventory Net
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842000000.0 USD
CY2018Q4 us-gaap Inventory Net
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835700000 USD
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0.59
CY2019Q4 us-gaap Percentage Of Lifo Inventory
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0.41
CY2019Q4 us-gaap Inventory Lifo Reserve
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168900000 USD
CY2018Q4 us-gaap Inventory Lifo Reserve
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173900000 USD
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5000000.0 USD
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CY2019Q4 us-gaap Property Plant And Equipment Other
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510900000 USD
CY2018Q4 us-gaap Property Plant And Equipment Other
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484100000 USD
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2093300000 USD
CY2018Q4 us-gaap Machinery And Equipment Gross
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2002400000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
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2604200000 USD
CY2018Q4 us-gaap Property Plant And Equipment Gross
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2486500000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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1615000000.0 USD
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1574400000 USD
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989200000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
912100000 USD
CY2019 us-gaap Depreciation
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103300000 USD
CY2018 us-gaap Depreciation
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99200000 USD
CY2017 us-gaap Depreciation
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97700000 USD
CY2018Q4 us-gaap Goodwill
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960500000 USD
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46100000 USD
CY2019 us-gaap Goodwill Other Increase Decrease
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-12900000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
993700000 USD
CY2019 us-gaap Goodwill Acquired During Period
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46100000 USD
CY2019 us-gaap Goodwill Purchase Accounting Adjustments
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-1900000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
511800000 USD
CY2018 us-gaap Goodwill Written Off Related To Sale Of Business Unit
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5100000 USD
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-11200000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
960500000 USD
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1072800000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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444500000 USD
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628300000 USD
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1045000000.0 USD
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FiniteLivedIntangibleAssetsAccumulatedAmortization
416700000 USD
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FiniteLivedIntangibleAssetsNet
628300000 USD
CY2019Q4 us-gaap Indefinite Lived Trade Names
IndefiniteLivedTradeNames
121500000 USD
CY2018Q4 us-gaap Indefinite Lived Trade Names
IndefiniteLivedTradeNames
96200000 USD
CY2019Q4 tkr Indefinite Lived Faa Air Agency Certificates
IndefiniteLivedFaaAirAgencyCertificates
8700000 USD
CY2018Q4 tkr Indefinite Lived Faa Air Agency Certificates
IndefiniteLivedFaaAirAgencyCertificates
8700000 USD
CY2019Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
130200000 USD
CY2019Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
130200000 USD
CY2018Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
104900000 USD
CY2018Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
104900000 USD
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1203000000.0 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
444500000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
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758500000 USD
CY2018Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
1149900000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
416700000 USD
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
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733200000 USD
CY2019Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangibles
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84400000 USD
CY2019 us-gaap Finite Lived Intangible Asset Weighted Average Period Before Next Renewal Or Extension
FiniteLivedIntangibleAssetWeightedAveragePeriodBeforeNextRenewalOrExtension
P18Y1M6D
CY2018 us-gaap Finite Lived Intangible Asset Weighted Average Period Before Next Renewal Or Extension
FiniteLivedIntangibleAssetWeightedAveragePeriodBeforeNextRenewalOrExtension
P17Y1M6D
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
57300000 USD
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
46800000 USD
CY2017 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
40000000.0 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
55400000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
51400000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
46600000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
43700000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
42100000 USD
CY2019 us-gaap Operating Lease Expense
OperatingLeaseExpense
36600000 USD
CY2019 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1200000 USD
CY2019 us-gaap Lease Cost
LeaseCost
37800000 USD
CY2018 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
35700000 USD
CY2017 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
35200000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
114100000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
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28300000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
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71300000 USD
CY2019Q4 us-gaap Operating Lease Liability
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99600000 USD
CY2019Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
5000000.0 USD
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500000 USD
CY2019Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
2900000 USD
CY2019Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
3400000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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31700000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
1100000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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22500000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Two
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1100000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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16600000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
1000000.0 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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11800000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Four
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300000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
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7800000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
0 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
20000000.0 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
110400000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
3500000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
10800000 USD
CY2019Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
100000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
99600000 USD
CY2019Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
3400000 USD
CY2019 us-gaap Operating Lease Payments
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35600000 USD
CY2019 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1600000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
58600000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
2000000.0 USD
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y3M18D
CY2019Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y3M18D
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0387
CY2019Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0255
CY2019Q4 us-gaap Short Term Borrowings
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17300000 USD
CY2018Q4 us-gaap Short Term Borrowings
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33600000 USD
CY2019Q4 us-gaap Short Term Debt Weighted Average Interest Rate
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0.0103
CY2018Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.0033
CY2019Q4 us-gaap Long Term Debt
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1712800000 USD
CY2018Q4 us-gaap Long Term Debt
LongTermDebt
1648000000.0 USD
CY2019Q4 us-gaap Long Term Debt Current
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64700000 USD
CY2018Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
9400000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1648100000 USD
CY2018Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1638600000 USD
CY2019Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
3400000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
64700000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
110200000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
10600000 USD
CY2018 us-gaap Interest Expense Long Term Debt
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42500000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
313600000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
483700000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
730000000.0 USD
CY2019 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
67400000 USD
CY2017 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
31500000 USD
CY2019 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
1100000 USD
CY2018 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
400000 USD
CY2017 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
700000 USD
CY2019Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
5200000 USD
CY2018Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
5500000 USD
CY2019 us-gaap Payments For Legal Settlements
PaymentsForLegalSettlements
1800000 USD
CY2019Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
7500000 USD
CY2018Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
7100000 USD
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Award Vesting Rights Percentage
SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage
0.25
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4900000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
3700000 USD
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4800000 USD
CY2018 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
3700000 USD
CY2017 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5200000 USD
CY2017 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
3200000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
9.58
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
10.29
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
10.60
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0246
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0262
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0196
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0252
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0230
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0296
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.2829
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.2778
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.3225
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3189950 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
38.21
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
558760 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
42.61
CY2019 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
803604 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
34.25
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
31834 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
42.36
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2913272 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
40.10
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
47200000 USD
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
2913272 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
40.10
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P6Y
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
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1100000 USD
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800000 USD
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5900000 USD
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41400000 USD
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ResearchAndDevelopmentExpense
37300000 USD
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ResearchAndDevelopmentExpense
35300000 USD
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979700000 USD
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1000000000.0 USD
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896200000 USD
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302600000 USD
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GrossProfit
305700000 USD
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277500000 USD
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GrossProfit
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152700000 USD
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158700000 USD
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2400000 USD
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12600000 USD
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NetIncomeLoss
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CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
92500000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
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NetIncomeLoss
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CY2019 us-gaap Net Income Loss
NetIncomeLoss
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EarningsPerShareBasic
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EarningsPerShareBasic
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EarningsPerShareDiluted
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1.48
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EarningsPerShareDiluted
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CY2019Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.28
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0.28
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883100000 USD
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906300000 USD
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CY2018Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2018Q1 us-gaap Gross Profit
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GrossProfit
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GrossProfit
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ProfitLoss
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NetIncomeLoss
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EarningsPerShareDiluted
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EarningsPerShareDiluted
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CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2018Q1 us-gaap Common Stock Dividends Per Share Declared
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CY2019Q4 us-gaap Valuation Allowances And Reserves Adjustments
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CY2019Q4 us-gaap Defined Benefit Plan Actuarial Gain Loss Immediate Recognition As Component In Net Periodic Benefit Cost Credit
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CY2018Q4 us-gaap Defined Benefit Plan Actuarial Gain Loss Immediate Recognition As Component In Net Periodic Benefit Cost Credit
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-10200000 USD
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-44500000 USD

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