2020 Q1 Form 10-K Financial Statement

#000086474920000029 Filed on February 28, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q3 2018 Q4
Revenue $824.0M $784.3M $785.5M
YoY Change 2.79% -1.37% 10.88%
Cost Of Revenue $364.0M $361.9M $350.3M
YoY Change 0.19% -1.74% 2.94%
Gross Profit $460.0M $422.0M $435.2M
YoY Change 4.95% -1.15% 0.0%
Gross Profit Margin 55.83% 53.81% 55.4%
Selling, General & Admin $219.0M $196.9M $212.4M
YoY Change 4.19% -6.81% 12.44%
% of Gross Profit 47.61% 46.66% 48.81%
Research & Development $119.6M $112.3M $112.6M
YoY Change 1.18% -1.58% 14.78%
% of Gross Profit 26.0% 26.61% 25.87%
Depreciation & Amortization $48.90M $50.20M $56.10M
YoY Change 379.41% -14.63% 17.12%
% of Gross Profit 10.63% 11.9% 12.89%
Operating Expenses $355.0M $330.3M $343.7M
YoY Change 0.85% -5.49% 13.28%
Operating Profit $105.0M $91.70M $91.50M
YoY Change 21.67% 18.48% -30.58%
Interest Expense -$11.50M -$12.40M -$17.00M
YoY Change -17.86% -11.43% -8600.0%
% of Operating Profit -10.95% -13.52% -18.58%
Other Income/Expense, Net -$1.400M -$12.80M -$4.600M
YoY Change -87.39% -3.76% -36.99%
Pretax Income $75.30M $78.90M $68.00M
YoY Change 0.13% 23.09% 39.92%
Income Tax -$204.1M $800.0K -$36.50M
% Of Pretax Income -271.05% 1.01% -53.68%
Net Earnings $279.3M $78.10M $86.50M
YoY Change 348.31% 5.97% 0.0%
Net Earnings / Revenue 33.9% 9.96% 11.01%
Basic Earnings Per Share $0.31 $0.34
Diluted Earnings Per Share $1.111M $0.31 $0.34
COMMON SHARES
Basic Shares Outstanding 250.2M shares 250.4M shares 251.1M shares
Diluted Shares Outstanding 252.1M shares

Balance Sheet

Concept 2020 Q1 2019 Q3 2018 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $189.2M $184.6M $172.5M
YoY Change -12.69% -10.13% -69.43%
Cash & Equivalents $189.2M $184.6M $172.5M
Short-Term Investments $0.00
Other Short-Term Assets $102.3M $71.00M $106.0M
YoY Change 30.48% 7.09% 170.41%
Inventory $312.1M $290.1M $298.0M
Prepaid Expenses
Receivables $608.2M $488.9M $512.6M
Other Receivables $0.00 $27.20M $33.20M
Total Short-Term Assets $1.212B $1.062B $1.089B
YoY Change 5.58% 0.06% -16.97%
LONG-TERM ASSETS
Property, Plant & Equipment $241.4M $229.0M $212.9M
YoY Change 13.44% 11.11% 22.36%
Goodwill $3.681B $3.534B $3.540B
YoY Change 3.95% -0.4% 54.78%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $212.4M $175.8M $177.9M
YoY Change 33.75% 17.91% 23.8%
Total Long-Term Assets $5.429B $4.742B $4.687B
YoY Change 13.76% 0.45% 56.0%
TOTAL ASSETS
Total Short-Term Assets $1.212B $1.062B $1.089B
Total Long-Term Assets $5.429B $4.742B $4.687B
Total Assets $6.641B $5.804B $5.776B
YoY Change 12.17% 0.38% 33.83%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $159.3M $156.7M $147.6M
YoY Change 7.93% 0.64% 1.1%
Accrued Expenses $152.4M $159.1M $184.5M
YoY Change -1.36% 3.38% 13.75%
Deferred Revenue $490.4M $375.1M $348.4M
YoY Change 15.96%
Short-Term Debt $219.0M $0.00 $0.00
YoY Change
Long-Term Debt Due $219.0M $236.3M $256.2M
YoY Change -11.26% 4.51% 99.53%
Total Short-Term Liabilities $1.190B $1.059B $1.055B
YoY Change 9.2% 8.17% 36.44%
LONG-TERM LIABILITIES
Long-Term Debt $1.624B $1.514B $1.712B
YoY Change -1.43% -15.26% 117.99%
Other Long-Term Liabilities $152.9M $140.6M $150.2M
YoY Change 0.13% -16.61% -7.28%
Total Long-Term Liabilities $1.777B $1.655B $1.863B
YoY Change -1.3% -15.37% 96.57%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.190B $1.059B $1.055B
Total Long-Term Liabilities $1.777B $1.655B $1.863B
Total Liabilities $3.520B $3.016B $3.102B
YoY Change 10.8% -3.76% 63.09%
SHAREHOLDERS EQUITY
Retained Earnings $1.603B $1.332B $1.268B
YoY Change 24.31% 8.56% 16.94%
Common Stock $1.693B $1.662B $1.592B
YoY Change 3.56% 5.5% 8.96%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.119B $2.787B $2.674B
YoY Change
Total Liabilities & Shareholders Equity $6.641B $5.804B $5.776B
YoY Change 12.17% 0.38% 33.83%

Cashflow Statement

Concept 2020 Q1 2019 Q3 2018 Q4
OPERATING ACTIVITIES
Net Income $279.3M $78.10M $86.50M
YoY Change 348.31% 5.97% 0.0%
Depreciation, Depletion And Amortization $48.90M $50.20M $56.10M
YoY Change 379.41% -14.63% 17.12%
Cash From Operating Activities $122.2M $137.3M $101.9M
YoY Change -17.21% 17.35% -4.86%
INVESTING ACTIVITIES
Capital Expenditures -$14.40M -$16.10M -$14.50M
YoY Change -199.31% -5.85% -16.18%
Acquisitions
YoY Change
Other Investing Activities -$192.2M -$32.80M -$22.30M
YoY Change -97.29% -13.23%
Cash From Investing Activities -$206.6M -$48.90M -$36.80M
YoY Change 2052.08% -96.02% -14.42%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 84.60M -97.90M -93.60M
YoY Change -189.71% -113.13% -336.36%
NET CHANGE
Cash From Operating Activities 122.2M 137.3M 101.9M
Cash From Investing Activities -206.6M -48.90M -36.80M
Cash From Financing Activities 84.60M -97.90M -93.60M
Net Change In Cash 200.0K -9.500M -28.50M
YoY Change -99.55% -97.4% -127.48%
FREE CASH FLOW
Cash From Operating Activities $122.2M $137.3M $101.9M
Capital Expenditures -$14.40M -$16.10M -$14.50M
Free Cash Flow $136.6M $153.4M $116.4M
YoY Change 2.63% 14.39% -6.43%

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118500000 USD
CY2020 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
10300000 USD
CY2018 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-55600000 USD
CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
90900000 USD
CY2020 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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-1000000.0 USD
CY2018 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
900000 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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-500000 USD
CY2020 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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523800000 USD
CY2018 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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228600000 USD
CY2017 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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208900000 USD
CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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200000 USD
CY2018 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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500000 USD
CY2017 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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100000 USD
CY2020 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
523600000 USD
CY2018 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
228100000 USD
CY2017 us-gaap Comprehensive Income Net Of Tax
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208800000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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2355200000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
118400000 USD
CY2017 us-gaap Profit Loss
ProfitLoss
118500000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
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90400000 USD
CY2017 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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208900000 USD
CY2017 us-gaap Stock Issued During Period Value Share Based Compensation
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73300000 USD
CY2017 us-gaap Stock Repurchased And Retired During Period Value
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288300000 USD
CY2017 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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65000000.0 USD
CY2017 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
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400000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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2414500000 USD
CY2018 us-gaap Net Income Loss
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282800000 USD
CY2018 us-gaap Profit Loss
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283300000 USD
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax
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-54700000 USD
CY2018 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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228600000 USD
CY2018 us-gaap Stock Issued During Period Value Share Based Compensation
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40200000 USD
CY2018 us-gaap Stock Repurchased And Retired During Period Value
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90000000.0 USD
CY2018 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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78000000.0 USD
CY2018 us-gaap Minority Interest Decrease From Redemptions
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100000 USD
CY2018 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
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3600000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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2674800000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
514300000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
514500000 USD
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax
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9300000 USD
CY2020 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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523800000 USD
CY2020 us-gaap Stock Issued During Period Value Share Based Compensation
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29100000 USD
CY2020 us-gaap Stock Repurchased And Retired During Period Value
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179800000 USD
CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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72500000 USD
CY2020 us-gaap Noncontrolling Interest Increase From Business Combination
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0 USD
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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3120400000 USD
CY2020 us-gaap Profit Loss
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514500000 USD
CY2018 us-gaap Profit Loss
ProfitLoss
283300000 USD
CY2017 us-gaap Profit Loss
ProfitLoss
118500000 USD
CY2020 us-gaap Depreciation
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39400000 USD
CY2018 us-gaap Depreciation
Depreciation
35600000 USD
CY2017 us-gaap Depreciation
Depreciation
34600000 USD
CY2020 us-gaap Adjustment For Amortization
AdjustmentForAmortization
167800000 USD
CY2018 us-gaap Adjustment For Amortization
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179600000 USD
CY2017 us-gaap Adjustment For Amortization
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148800000 USD
CY2020 us-gaap Deferred Income Taxes And Tax Credits
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-220200000 USD
CY2018 us-gaap Deferred Income Taxes And Tax Credits
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-16100000 USD
CY2020 us-gaap Share Based Compensation
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75000000.0 USD
CY2018 us-gaap Share Based Compensation
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76900000 USD
CY2017 us-gaap Share Based Compensation
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64800000 USD
CY2020 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
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7800000 USD
CY2018 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
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-1900000 USD
CY2017 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
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11400000 USD
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-5500000 USD
CY2018 us-gaap Other Noncash Income Expense
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-21300000 USD
CY2017 us-gaap Other Noncash Income Expense
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-5500000 USD
CY2020 us-gaap Increase Decrease In Accounts Receivable
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96000000.0 USD
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51000000.0 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable
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42700000 USD
CY2020 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
21300000 USD
CY2018 us-gaap Increase Decrease In Inventories
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45000000.0 USD
CY2017 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
37300000 USD
CY2020 us-gaap Increase Decrease In Other Operating Assets
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-11000000.0 USD
CY2018 us-gaap Increase Decrease In Other Operating Assets
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17600000 USD
CY2017 us-gaap Increase Decrease In Other Operating Assets
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15600000 USD
CY2020 us-gaap Increase Decrease In Accounts Payable
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14500000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-2000000.0 USD
CY2017 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
25700000 USD
CY2020 us-gaap Increase Decrease In Employee Related Liabilities
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-46400000 USD
CY2018 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
18600000 USD
CY2017 us-gaap Increase Decrease In Employee Related Liabilities
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34000000.0 USD
CY2020 us-gaap Increase Decrease In Deferred Revenue
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148200000 USD
CY2018 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
76300000 USD
CY2017 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
19300000 USD
CY2020 us-gaap Increase Decrease In Accrued Liabilities
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800000 USD
CY2018 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-43600000 USD
CY2017 us-gaap Increase Decrease In Accrued Liabilities
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101600000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
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585000000.0 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
486700000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
429700000 USD
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
220800000 USD
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1763500000 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
280200000 USD
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
69000000.0 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
67600000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
43700000 USD
CY2020 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
0 USD
CY2018 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
24000000.0 USD
CY2017 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
288000000.0 USD
CY2020 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
0 USD
CY2018 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
6200000 USD
CY2017 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
122100000 USD
CY2020 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0 USD
CY2018 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
196800000 USD
CY2017 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
97700000 USD
CY2020 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-14500000 USD
CY2018 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-2500000 USD
CY2017 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-20900000 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-275300000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1649600000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-371200000 USD
CY2020 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
29100000 USD
CY2018 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
40200000 USD
CY2017 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
73800000 USD
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
179800000 USD
CY2018 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
93000000.0 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
285300000 USD
CY2020 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
1195400000 USD
CY2018 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
2976400000 USD
CY2017 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
786000000.0 USD
CY2020 us-gaap Repayments Of Debt
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1322900000 USD
CY2018 us-gaap Repayments Of Debt
RepaymentsOfDebt
1925100000 USD
CY2017 us-gaap Repayments Of Debt
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495400000 USD
CY2020 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-14400000 USD
CY2018 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-9100000 USD
CY2017 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-12600000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
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-292600000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
989400000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
66500000 USD
CY2020 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-400000 USD
CY2018 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-12500000 USD
CY2017 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
17400000 USD
CY2020 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
16700000 USD
CY2018 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-186000000.0 USD
CY2017 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
142400000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
172500000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
358500000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
216100000 USD
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
189200000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
172500000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
358500000 USD
CY2020 us-gaap Nature Of Operations
NatureOfOperations
DESCRIPTION OF BUSINESS<div style="line-height:120%;padding-top:6px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Trimble began operations in 1978 and was originally incorporated in California as Trimble Navigation Limited in 1981. On October 1, 2016, Trimble Navigation Limited changed its name to Trimble Inc. ("Trimble" or the "Company") and changed its state of incorporation from the State of California to the State of Delaware. </span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Trimble is a leading provider of technology solutions that enable professionals and field mobile workers to improve or transform their work processes. Our comprehensive work process solutions are used across a range of industries including agriculture, architecture, civil engineering, survey and land administration, construction, geospatial, government, natural resources, transportation, and utilities. Representative Trimble customers include engineering and construction firms, contractors, owners, surveying companies, farmers and agricultural companies, trucking companies, energy, utility companies, and state, federal, and municipal governments.</span></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Trimble focuses in transforming the way the world works by delivering products and services that connect the physical and digital worlds. Core technologies used in positioning, modeling, connectivity, and data analytics enable customers to improve productivity, quality, safety, and sustainability. Products are sold based on return on investment and provide benefits such as lower operational costs, higher productivity, improved quality, enhanced safety and regulatory compliance, and reduced environmental impact. Representative products include equipment that automates and enables increased precision within large industrial equipment such as tractors and bulldozers; integrated systems that track fleets of vehicles and workers and provide real-time information and analytics to the back-office; data collection systems that enable the management of large amounts of geo-referenced information; software solutions that connect all aspects of a construction site or a farm; and building information modeling ("BIM") software that is used throughout the design, build, and operation of buildings.</span></div>
CY2020 us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;padding-top:6px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</span></div><div style="line-height:120%;padding-top:6px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The preparation of financial statements in accordance with U.S. generally accepted accounting principles ("GAAP") requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Estimates are used for revenue recognition including determining the nature and timing of satisfaction of performance obligations and determining standalone selling price of performance obligations, allowances for doubtful accounts, sales returns reserve, allowances for inventory valuation, warranty costs, goodwill impairment, intangibles impairment, purchased intangibles, useful lives for tangible and intangible assets, stock-based compensation, and income taxes among others. Management bases its estimates on historical experience and various other assumptions believed to be reasonable. Actual results and outcomes may differ from management's estimates and assumptions.</span></div>
CY2020 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4 segment
CY2020 trmb Revenue Contract Term
RevenueContractTerm
P5Y
CY2020 us-gaap Revenue Recognition Customer Acquisitions
RevenueRecognitionCustomerAcquisitions
<div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Deferred Costs to Obtain Customer Contracts</span></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The Company's incremental cost of obtaining contracts, which consists of sales commissions related to customer contracts that include maintenance or subscription revenue, are deferred if the contractual term is greater than a year or if renewals are expected, and the renewal commission is not commensurate with the initial commission. These commission costs are deferred and amortized over a benefit period, either the contract term or the shorter of customer or product life, which is generally between </span><span style="font-family:inherit;font-size:10pt;">three</span><span style="font-family:inherit;font-size:10pt;"> to </span><span style="font-family:inherit;font-size:10pt;"><span>seven years</span></span><span style="font-family:inherit;font-size:10pt;">. The Company has elected the practical expedient to exclude contracts with an amortization period of a year or less from this deferral requirement. </span></div>
CY2020 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="line-height:120%;padding-top:18px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Concentrations of Risk</span></div><div style="line-height:120%;padding-top:6px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Cash and cash equivalents are maintained with several financial institutions. Deposits held with banks may exceed the amount of insurance provided on such deposits. Generally, these deposits may be redeemed upon demand and are maintained with financial institutions of reputable credit and therefore bear minimal credit risk.</span></div><div style="line-height:120%;padding-top:6px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The Company is also exposed to credit risk in the Company’s trade receivables, which are derived from sales to end-user customers in diversified industries as well as various resellers. The Company performs ongoing credit evaluations of its customers’ financial conditions and limits the amount of credit extended, when deemed necessary, but generally does not require collateral.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In addition, the Company relies on a limited number of suppliers for a number of its critical components.</span></div>
CY2020Q1 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
129500000 USD
CY2018Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
22300000 USD
CY2020Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
5900000 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
4600000 USD
CY2017 us-gaap Research And Development Arrangement Contract To Perform For Others Compensation Earned
ResearchAndDevelopmentArrangementContractToPerformForOthersCompensationEarned
18100000 USD
CY2020 us-gaap Depreciation
Depreciation
39400000 USD
CY2018 us-gaap Depreciation
Depreciation
35600000 USD
CY2017 us-gaap Depreciation
Depreciation
34600000 USD
CY2020 trmb Business Combination Valuation Remeasurement Window
BusinessCombinationValuationRemeasurementWindow
P1Y
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.47
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.03
CY2020Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
16300000 USD
CY2018Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
15300000 USD
CY2020 us-gaap Guarantees Indemnifications And Warranties Policies
GuaranteesIndemnificationsAndWarrantiesPolicies
<div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Guarantees, Including Indirect Guarantees of Indebtedness of Others</span></div><div style="line-height:120%;padding-top:6px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In the normal course of business to facilitate sales of our products, the Company indemnifies other parties, including customers, lessors, and parties to other transactions with us with respect to certain matters. The Company may agree to hold the other party harmless against losses arising from a breach of representations or covenants, or out of intellectual property infringement or other claims made against certain parties. These agreements may limit the time within which an indemnification claim can be made and the amount of the claim. In connection with divesting some of the Company's businesses or assets, the Company may also indemnify purchasers for certain matters in the normal course of business, such as breaches of representations, covenants, or </span></div><div style="line-height:120%;padding-top:6px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">excluded liabilities. In addition, the Company entered into indemnification agreements with our officers and directors, and the Company’s bylaws contain similar indemnification obligations to the Company’s agents.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">It is not possible to determine the maximum potential amount under these indemnification agreements due to the limited history of prior indemnification claims and the unique facts and circumstances involved in each particular agreement. Historically, payments made by the Company under these agreements were not material, and </span><span style="font-family:inherit;font-size:10pt;"><span>no</span></span><span style="font-family:inherit;font-size:10pt;"> liabilities have been recorded for these obligations on the Consolidated Balance Sheets at the end of fiscal </span><span style="font-family:inherit;font-size:10pt;">2019</span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;">2018</span><span style="font-family:inherit;font-size:10pt;">.</span></div>
CY2020 us-gaap Advertising Expense
AdvertisingExpense
42700000 USD
CY2018 us-gaap Advertising Expense
AdvertisingExpense
42700000 USD
CY2017 us-gaap Advertising Expense
AdvertisingExpense
37200000 USD
CY2020 us-gaap Research And Development Arrangement Contract To Perform For Others Compensation Earned
ResearchAndDevelopmentArrangementContractToPerformForOthersCompensationEarned
16500000 USD
CY2018 us-gaap Research And Development Arrangement Contract To Perform For Others Compensation Earned
ResearchAndDevelopmentArrangementContractToPerformForOthersCompensationEarned
19500000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
514300000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
282800000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
118400000 USD
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
250800000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
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250000000.0 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
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252100000 shares
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2100000 shares
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3400000 shares
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4600000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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252900000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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253400000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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256700000 shares
CY2020 us-gaap Earnings Per Share Basic
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2.05
CY2018 us-gaap Earnings Per Share Basic
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1.13
CY2018 us-gaap Earnings Per Share Diluted
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1.12
CY2017 us-gaap Earnings Per Share Diluted
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0.46
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4 acquisition
CY2020 us-gaap Payments To Acquire Businesses Gross
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247000000.0 USD
CY2018 us-gaap Number Of Businesses Acquired
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6 acquisition
CY2018 us-gaap Payments To Acquire Businesses Gross
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1800000000 USD
CY2018 trmb Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual Percentage Of Total Revenue
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActualPercentageOfTotalRevenue
0.05
CY2017 us-gaap Number Of Businesses Acquired
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10 acquisition
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331200000 USD
CY2020 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
20500000 USD
CY2018 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
38900000 USD
CY2017 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
7400000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Gross
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2191000000.0 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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1512300000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Net
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678700000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Gross
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2092700000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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1348400000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
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744300000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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152700000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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131600000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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112400000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
98800000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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73100000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
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110100000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Net
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678700000 USD
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475000000.0 USD
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3540000000.0 USD
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139100000 USD
CY2020 us-gaap Goodwill Purchase Accounting Adjustments
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1500000 USD
CY2020Q1 us-gaap Goodwill
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3680600000 USD
CY2020Q1 us-gaap Inventory Raw Materials Net Of Reserves
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95800000 USD
CY2018Q4 us-gaap Inventory Raw Materials Net Of Reserves
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96200000 USD
CY2020Q1 us-gaap Inventory Work In Process Net Of Reserves
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13200000 USD
CY2018Q4 us-gaap Inventory Work In Process Net Of Reserves
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12600000 USD
CY2020Q1 us-gaap Inventory Finished Goods Net Of Reserves
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203100000 USD
CY2018Q4 us-gaap Inventory Finished Goods Net Of Reserves
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189200000 USD
CY2020Q1 us-gaap Inventory Net
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312100000 USD
CY2018Q4 us-gaap Inventory Net
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298000000.0 USD
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5600000 USD
CY2018Q4 us-gaap Deferred Costs Current
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7300000 USD
CY2020Q1 us-gaap Property Plant And Equipment Gross
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557600000 USD
CY2020Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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316200000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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262100000 USD
CY2020Q1 us-gaap Property Plant And Equipment Net
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241400000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
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212900000 USD
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2800000 USD
CY2020 us-gaap Restructuring Costs
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27900000 USD
CY2020Q1 us-gaap Liability For Uncertain Tax Positions Noncurrent
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66400000 USD
CY2018Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
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65800000 USD
CY2020Q1 us-gaap Deferred Compensation Liability Classified Noncurrent
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36200000 USD
CY2018Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
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28500000 USD
CY2020Q1 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
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20200000 USD
CY2018Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
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19200000 USD
CY2020Q1 us-gaap Other Sundry Liabilities Noncurrent
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30100000 USD
CY2018Q4 us-gaap Other Sundry Liabilities Noncurrent
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36700000 USD
CY2020Q1 us-gaap Other Liabilities Noncurrent
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152900000 USD
CY2018Q4 us-gaap Other Liabilities Noncurrent
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150200000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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3264300000 USD
CY2020 us-gaap Contract With Customer Liability Increase Decrease For Contract Acquired In Business Combination
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7000000.0 USD
CY2020 us-gaap Contract With Customer Liability Increase Decrease For Contract Acquired In Business Combination
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7000000.0 USD
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6300000 USD
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3108400000 USD
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23600000 USD
CY2018 us-gaap Contract With Customer Liability Increase Decrease For Contract Acquired In Business Combination
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23600000 USD
CY2018 us-gaap Amortization Of Deferred Sales Commissions
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4700000 USD
CY2017 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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2646500000 USD
CY2017 us-gaap Contract With Customer Liability Increase Decrease For Contract Acquired In Business Combination
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2800000 USD
CY2017 us-gaap Contract With Customer Liability Increase Decrease For Contract Acquired In Business Combination
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2800000 USD
CY2017 us-gaap Amortization Of Deferred Sales Commissions
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1300000 USD
CY2020Q1 us-gaap Accounts Receivable Net Current
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608200000 USD
CY2020Q1 us-gaap Inventory Net
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312100000 USD
CY2020Q1 us-gaap Goodwill
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3680600000 USD
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512600000 USD
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298000000.0 USD
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7000000.0 USD
CY2018 us-gaap Contract With Customer Liability Increase Decrease For Contract Acquired In Business Combination
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23600000 USD
CY2018Q4 us-gaap Goodwill
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3540000000.0 USD
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427700000 USD
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264600000 USD
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2287100000 USD
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8700000 USD
CY2017 us-gaap Restructuring Costs
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10500000 USD
CY2020 us-gaap Adjustment For Amortization
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167800000 USD
CY2018 us-gaap Adjustment For Amortization
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179600000 USD
CY2017 us-gaap Adjustment For Amortization
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148800000 USD
CY2020 us-gaap Share Based Compensation
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75000000.0 USD
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76900000 USD
CY2017 us-gaap Share Based Compensation
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64800000 USD
CY2020 us-gaap Business Combination Provisional Information Initial Accounting Incomplete Adjustment Inventory
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0 USD
CY2018 us-gaap Business Combination Provisional Information Initial Accounting Incomplete Adjustment Inventory
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200000 USD
CY2017 us-gaap Business Combination Provisional Information Initial Accounting Incomplete Adjustment Inventory
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2800000 USD
CY2020 us-gaap Business Combination Acquisition Related Costs
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20500000 USD
CY2018 us-gaap Business Combination Acquisition Related Costs
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38900000 USD
CY2017 us-gaap Business Combination Acquisition Related Costs
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7400000 USD
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6300000 USD
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4700000 USD
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1300000 USD
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375900000 USD
CY2018 us-gaap Operating Income Loss
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320700000 USD
CY2017 us-gaap Operating Income Loss
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235700000 USD
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CY2018 us-gaap Nonoperating Income Expense
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CY2017 us-gaap Nonoperating Income Expense
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12500000 USD
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344800000 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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278000000.0 USD
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248200000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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53200000 USD
CY2020 us-gaap Operating Lease Payments
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37900000 USD
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241400000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
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212900000 USD
CY2020Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
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10800000 USD
CY2018Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
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13400000 USD
CY2020Q1 us-gaap Long Term Debt
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1843200000 USD
CY2018Q4 us-gaap Long Term Debt
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1968500000 USD
CY2020Q1 us-gaap Long Term Debt Current
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219000000.0 USD
CY2018Q4 us-gaap Long Term Debt Current
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256200000 USD
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1624200000 USD
CY2018Q4 us-gaap Long Term Debt Noncurrent
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1712300000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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219000000.0 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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225000000.0 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
0 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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410000000.0 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
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400000000.0 USD
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600000000.0 USD
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1854000000.0 USD
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38300000 USD
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18400000 USD
CY2020 us-gaap Lease Cost
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56700000 USD
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140300000 USD
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28900000 USD
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114100000 USD
CY2020Q1 us-gaap Operating Lease Liability
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143000000.0 USD
CY2020Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.0423
CY2020Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P6Y
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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34000000.0 USD
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32200000 USD
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LesseeOperatingLeaseLiabilityPaymentsDueYearThree
25800000 USD
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20300000 USD
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15000000.0 USD
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33500000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due
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160800000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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17800000 USD
CY2020Q1 us-gaap Operating Lease Liability
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143000000.0 USD
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324700000 USD
CY2020Q1 us-gaap Business Combination Contingent Consideration Liability
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19900000 USD
CY2018Q4 us-gaap Business Combination Contingent Consideration Liability
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5600000 USD
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13700000 USD
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6200000 USD
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25400000 USD
CY2018Q4 us-gaap Contract With Customer Liability
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387200000 USD
CY2017Q4 us-gaap Contract With Customer Liability
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276600000 USD
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341300000 USD
CY2018 us-gaap Deferred Revenue Revenue Recognized1
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226900000 USD
CY2020 us-gaap Deferred Revenue Additions
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6100000 USD
CY2018 us-gaap Deferred Revenue Additions
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50300000 USD
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489900000 USD
CY2018 us-gaap Deferred Revenue Period Increase Decrease
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287200000 USD
CY2020Q1 us-gaap Contract With Customer Liability
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541900000 USD
CY2018Q4 us-gaap Contract With Customer Liability
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387200000 USD
CY2020Q1 us-gaap Revenue Remaining Performance Obligation
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1200000000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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43000000.0 USD
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33200000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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301800000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
252600000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
215000000.0 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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344800000 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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278000000.0 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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248200000 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
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CY2018 us-gaap Current Federal Tax Expense Benefit
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CY2017 us-gaap Current Federal Tax Expense Benefit
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98600000 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
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252300000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
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-25800000 USD
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2020 us-gaap Federal Income Tax Expense Benefit Continuing Operations
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248500000 USD
CY2018 us-gaap Federal Income Tax Expense Benefit Continuing Operations
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CY2017 us-gaap Federal Income Tax Expense Benefit Continuing Operations
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92500000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
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5100000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
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5000000.0 USD
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4500000 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
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-700000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
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-3600000 USD
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2020 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
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4400000 USD
CY2018 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
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1400000 USD
CY2017 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
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3500000 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
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49200000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
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57000000.0 USD
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42700000 USD
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-471800000 USD
CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
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-18200000 USD
CY2017 us-gaap Deferred Foreign Income Tax Expense Benefit
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-9000000.0 USD
CY2020 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
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CY2018 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
38800000 USD
CY2017 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
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33700000 USD
CY2020 us-gaap Income Tax Expense Benefit
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-169700000 USD
CY2018 us-gaap Income Tax Expense Benefit
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-5300000 USD
CY2017 us-gaap Income Tax Expense Benefit
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129700000 USD
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
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-0.49
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
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-0.02
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.52
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.21
CY2018 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
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2020 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.07
CY2018 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.07
CY2017 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.15
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.02
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.01
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.01
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.03
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
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