$VNT
Vontier Corp Stock $vnt

$vnt Overview Financials Valuation SEC Filings Company Website

2023 Q2 Form 10-Q Financial Statement

#000178684223000036 Filed on May 05, 2023

Income Statement

Concept	2023 Q2	2023 Q1
Revenue	$764.4M	$776.4M
YoY Change	2.18%
Cost Of Revenue	$416.3M	$423.4M
YoY Change	0.85%
Gross Profit	$348.1M	$353.0M
YoY Change	3.82%
Gross Profit Margin	45.54%	45.47%
Selling, General & Admin	$187.2M	$178.2M
YoY Change	12.77%
% of Gross Profit	53.78%	50.48%
Research & Development	$40.30M	$41.00M
YoY Change	16.81%
% of Gross Profit	11.58%	11.61%
Depreciation & Amortization	$31.60M	$31.10M
YoY Change	8.59%
% of Gross Profit	9.08%	8.81%
Operating Expenses	$227.5M	$219.2M
YoY Change	13.47%
Operating Profit	$120.6M	$133.8M
YoY Change	-10.53%
Interest Expense	-$23.90M	-$24.00M
YoY Change	85.27%
% of Operating Profit	-19.82%	-17.94%
Other Income/Expense, Net	-$500.0K	-$900.0K
YoY Change	400.0%
Pretax Income	$130.3M	$108.9M
YoY Change	-58.96%
Income Tax	$33.00M	$26.10M
% Of Pretax Income	25.33%	23.97%
Net Earnings	$97.30M	$82.80M
YoY Change	-61.11%
Net Earnings / Revenue	12.73%	10.66%
Basic Earnings Per Share	$0.63	$0.53
Diluted Earnings Per Share	$0.62	$0.53
COMMON SHARES
Basic Shares Outstanding	155.6M shares	155.2M shares
Diluted Shares Outstanding	156.3M shares	156.1M shares

Balance Sheet

Concept	2023 Q2	2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$244.0M	$208.2M
YoY Change	-32.26%
Cash & Equivalents	$244.0M	$208.2M
Short-Term Investments	$0.00	$0.00
Other Short-Term Assets	$212.1M	$309.1M
YoY Change	54.48%
Inventory	$329.2M	$350.8M
Prepaid Expenses
Receivables	$490.9M	$471.4M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$1.276B	$1.340B
YoY Change	1.52%
LONG-TERM ASSETS
Property, Plant & Equipment	$136.5M	$92.80M
YoY Change	35.69%
Goodwill	$1.700B	$1.700B
YoY Change	-5.56%
Intangibles	$606.6M	$628.3M
YoY Change	-12.91%
Long-Term Investments
YoY Change
Other Assets	$187.4M	$184.1M
YoY Change	27.22%
Total Long-Term Assets	$2.929B	$2.939B
YoY Change	-3.73%
TOTAL ASSETS
Total Short-Term Assets	$1.276B	$1.340B
Total Long-Term Assets	$2.929B	$2.939B
Total Assets	$4.206B	$4.279B
YoY Change	-2.2%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$353.9M	$373.7M
YoY Change	-13.24%
Accrued Expenses	$318.1M	$438.5M
YoY Change	-24.82%
Deferred Revenue	$136.5M	$144.7M
YoY Change	-2.85%
Short-Term Debt	$8.700M	$8.500M
YoY Change	107.14%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$846.2M	$883.1M
YoY Change	-0.25%
LONG-TERM LIABILITIES
Long-Term Debt	$2.422B	$2.522B
YoY Change	-6.27%
Other Long-Term Liabilities	$235.6M	$201.7M
YoY Change	-15.89%
Total Long-Term Liabilities	$2.658B	$2.723B
YoY Change	-7.21%
TOTAL LIABILITIES
Total Short-Term Liabilities	$846.2M	$883.1M
Total Long-Term Liabilities	$2.658B	$2.723B
Total Liabilities	$3.509B	$3.639B
YoY Change	-5.49%
SHAREHOLDERS EQUITY
Retained Earnings	$943.1M	$849.7M
YoY Change	61.79%
Common Stock	$0.00	$0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)		$346.4M
YoY Change
Treasury Stock Shares		14.60M shares
Shareholders Equity	$696.5M	$636.3M
YoY Change
Total Liabilities & Shareholders Equity	$4.206B	$4.279B
YoY Change	-2.2%

Cashflow Statement

Concept	2023 Q2	2023 Q1
OPERATING ACTIVITIES
Net Income	$97.30M	$82.80M
YoY Change	-61.11%
Depreciation, Depletion And Amortization	$31.60M	$31.10M
YoY Change	8.59%
Cash From Operating Activities	$77.50M	$81.00M
YoY Change	87.65%
INVESTING ACTIVITIES
Capital Expenditures	$12.40M	$13.70M
YoY Change	-3.88%
Acquisitions		$0.00
YoY Change
Other Investing Activities	$106.9M	$22.70M
YoY Change	-156.12%
Cash From Investing Activities	$94.50M	$9.000M
YoY Change	-146.46%
FINANCING ACTIVITIES
Cash Dividend Paid		$3.900M
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net		$65.00M
YoY Change
Cash From Financing Activities	-135.4M	-$87.20M
YoY Change	-48.63%
NET CHANGE
Cash From Operating Activities	77.50M	$81.00M
Cash From Investing Activities	94.50M	$9.000M
Cash From Financing Activities	-135.4M	-$87.20M
Net Change In Cash	36.60M	$3.700M
YoY Change	-108.56%
FREE CASH FLOW
Cash From Operating Activities	$77.50M	$81.00M
Capital Expenditures	$12.40M	$13.70M
Free Cash Flow	$65.10M	$67.30M
YoY Change	129.23%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q1	dei	Amendment Flag AmendmentFlag	false
CY2023Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2023Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001786842
CY2023Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023Q1	dei	Document Type DocumentType	10-Q
CY2023Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2023Q1	dei	Entity File Number EntityFileNumber	001-39483
CY2023Q1	dei	Entity Registrant Name EntityRegistrantName	Vontier Corporation
CY2023Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
CY2023Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	84-2783455
CY2023Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	5438 Wade Park Boulevard
CY2023Q1	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 600
CY2023Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Raleigh
CY2023Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	NC
CY2023Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	27607
CY2023Q1	dei	City Area Code CityAreaCode	984
CY2023Q1	dei	Local Phone Number LocalPhoneNumber	275-6000
CY2023Q1	dei	Security12b Title Security12bTitle	Common stock, par value $0.0001 per share
CY2023Q1	dei	Trading Symbol TradingSymbol	VNT
CY2023Q1	dei	Security Exchange Name SecurityExchangeName	NYSE
CY2023Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2023Q1	dei	Entity Small Business EntitySmallBusiness	false
CY2023Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2023Q1	dei	Entity Shell Company EntityShellCompany	false
CY2023Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	155618576	shares
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	208200000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	204500000	usd
CY2023Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	36500000	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	34200000	usd
CY2023Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	471400000	usd
CY2022Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	514800000	usd
CY2023Q1	us-gaap	Inventory Net InventoryNet	350800000	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	346000000.0	usd
CY2023Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	164800000	usd
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CY2023Q1	us-gaap	Equity Securities Fv Ni Current And Noncurrent EquitySecuritiesFvNiCurrentAndNoncurrent	0	usd
CY2022Q4	us-gaap	Equity Securities Fv Ni Current And Noncurrent EquitySecuritiesFvNiCurrentAndNoncurrent	21300000	usd
CY2023Q1	us-gaap	Assets Held For Sale Not Part Of Disposal Group Current AssetsHeldForSaleNotPartOfDisposalGroupCurrent	144300000	usd
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CY2023Q1	us-gaap	Assets Current AssetsCurrent	1339500000	usd
CY2022Q4	us-gaap	Assets Current AssetsCurrent	1385000000	usd
CY2023Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	92800000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	92100000	usd
CY2023Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	42400000	usd
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CY2023Q1	us-gaap	Notes And Loans Receivable Net Noncurrent NotesAndLoansReceivableNetNoncurrent	253800000	usd
CY2022Q4	us-gaap	Notes And Loans Receivable Net Noncurrent NotesAndLoansReceivableNetNoncurrent	249800000	usd
CY2023Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	628300000	usd
CY2022Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	649700000	usd
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CY2022Q4	us-gaap	Short Term Borrowings ShortTermBorrowings	4600000	usd
CY2023Q1	us-gaap	Accounts Payable Trade Current AccountsPayableTradeCurrent	373700000	usd
CY2022Q4	us-gaap	Accounts Payable Trade Current AccountsPayableTradeCurrent	430900000	usd
CY2023Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	13100000	usd
CY2022Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	13800000	usd
CY2023Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	438500000	usd
CY2022Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	437600000	usd
CY2023Q1	us-gaap	Liabilities Of Disposal Group Including Discontinued Operation Current LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent	49300000	usd
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CY2023Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	32100000	usd
CY2022Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	34000000.0	usd
CY2023Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	2521600000	usd
CY2022Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	2585700000	usd
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CY2022Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	214200000	usd
CY2023Q1	us-gaap	Liabilities Liabilities	3638500000	usd
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CY2023Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
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CY2022Q4	us-gaap	Preferred Stock No Par Value PreferredStockNoParValue	0
CY2023Q1	us-gaap	Preferred Stock No Par Value PreferredStockNoParValue	0
CY2022Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2022Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2023Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2023Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2023Q1	us-gaap	Preferred Stock Value PreferredStockValue	0	usd
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CY2023Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	2000000000	shares
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CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	156000000	shares
CY2023Q1	us-gaap	Common Stock Value CommonStockValue	0	usd
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CY2023Q1	us-gaap	Treasury Stock Shares TreasuryStockShares	14600000	shares
CY2022Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	13700000	shares
CY2023Q1	us-gaap	Treasury Stock Value TreasuryStockValue	346400000	usd
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CY2023Q1	us-gaap	Minority Interest MinorityInterest	3700000	usd
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CY2022Q2	us-gaap	Profit Loss ProfitLoss	250200000	usd
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CY2022Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-15000000.0	usd
CY2022Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	6100000	usd
CY2022Q2	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	-2000000.0	usd
CY2022Q2	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	257000000.0	usd
CY2022Q2	us-gaap	Minority Interest Period Increase Decrease MinorityInterestPeriodIncreaseDecrease	-100000	usd
CY2022Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	551900000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	82800000	usd
CY2022Q2	us-gaap	Profit Loss ProfitLoss	250200000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	31100000	usd
CY2022Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	29100000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	6800000	usd
CY2022Q2	us-gaap	Share Based Compensation ShareBasedCompensation	6100000	usd
CY2023Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1000000.0	usd
CY2022Q2	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	900000	usd
CY2023Q1	us-gaap	Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain	0	usd
CY2022Q2	us-gaap	Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain	32700000	usd
CY2023Q1	us-gaap	Equity Securities Fv Ni Unrealized Gain EquitySecuritiesFvNiUnrealizedGain	0	usd
CY2022Q2	us-gaap	Equity Securities Fv Ni Unrealized Gain EquitySecuritiesFvNiUnrealizedGain	163000000.0	usd
CY2023Q1	vnt	Business Combination Amortization Of Inventory Fair Value Step Up BusinessCombinationAmortizationOfInventoryFairValueStepUp	800000	usd
CY2022Q2	vnt	Business Combination Amortization Of Inventory Fair Value Step Up BusinessCombinationAmortizationOfInventoryFairValueStepUp	0	usd
CY2023Q1	us-gaap	Equity Securities Fv Ni Realized Loss EquitySecuritiesFvNiRealizedLoss	700000	usd
CY2022Q2	us-gaap	Equity Securities Fv Ni Realized Loss EquitySecuritiesFvNiRealizedLoss	0	usd
CY2023Q1	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	2800000	usd
CY2022Q2	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	0	usd
CY2023Q1	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	5700000	usd
CY2022Q2	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-32600000	usd
CY2023Q1	vnt	Increase Decrease In Accounts Receivable And Long Term Financing Receivable IncreaseDecreaseInAccountsReceivableAndLongTermFinancingReceivable	-42100000	usd
CY2022Q2	vnt	Increase Decrease In Accounts Receivable And Long Term Financing Receivable IncreaseDecreaseInAccountsReceivableAndLongTermFinancingReceivable	-33700000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	75800000	usd
CY2022Q2	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	115600000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	81000000.0	usd
CY2022Q2	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	41300000	usd
CY2023Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	usd
CY2022Q2	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	184900000	usd
CY2023Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	13700000	usd
CY2022Q2	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	12900000	usd
CY2022Q2	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	12900000	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	4200000	usd
CY2022Q2	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	200000	usd
CY2022Q2	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	200000	usd
CY2023Q1	us-gaap	Payments To Acquire Equity Securities Fv Ni PaymentsToAcquireEquitySecuritiesFvNi	1900000	usd
CY2022Q2	us-gaap	Payments To Acquire Equity Securities Fv Ni PaymentsToAcquireEquitySecuritiesFvNi	5800000	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Equity Securities Fv Ni ProceedsFromSaleOfEquitySecuritiesFvNi	20400000	usd
CY2022Q2	us-gaap	Proceeds From Sale Of Equity Securities Fv Ni ProceedsFromSaleOfEquitySecuritiesFvNi	0	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	9000000.0	usd
CY2022Q2	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-203400000	usd
CY2023Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	65000000.0	usd
CY2022Q2	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	0	usd
CY2023Q1	us-gaap	Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess	3900000	usd
CY2022Q2	us-gaap	Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess	400000	usd
CY2023Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	3900000	usd
CY2022Q2	us-gaap	Payments Of Dividends PaymentsOfDividends	4000000.0	usd
CY2023Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	18100000	usd
CY2022Q2	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	257000000.0	usd
CY2023Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	1200000	usd
CY2022Q2	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	0	usd
CY2023Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-5300000	usd
CY2022Q2	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-3000000.0	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-87200000	usd
CY2022Q2	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-263600000	usd
CY2023Q1	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	900000	usd
CY2022Q2	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-1800000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	3700000	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-427500000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	204500000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	572600000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	208200000	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	145100000	usd
CY2023Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	3	segment
CY2023Q1	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	3	segment
CY2022	us-gaap	Number Of Reporting Units NumberOfReportingUnits	7	reporting_unit
CY2023Q1	us-gaap	Number Of Reporting Units NumberOfReportingUnits	5	reporting_unit
CY2023Q1	us-gaap	Notes And Loans Receivable Gross Current NotesAndLoansReceivableGrossCurrent	120200000	usd
CY2022Q4	us-gaap	Notes And Loans Receivable Gross Current NotesAndLoansReceivableGrossCurrent	115000000.0	usd
CY2023Q1	us-gaap	Allowance For Notes And Loans Receivable Current AllowanceForNotesAndLoansReceivableCurrent	22200000	usd
CY2022Q4	us-gaap	Allowance For Notes And Loans Receivable Current AllowanceForNotesAndLoansReceivableCurrent	19600000	usd
CY2023Q1	us-gaap	Notes And Loans Receivable Net Current NotesAndLoansReceivableNetCurrent	98000000.0	usd
CY2022Q4	us-gaap	Notes And Loans Receivable Net Current NotesAndLoansReceivableNetCurrent	95400000	usd
CY2023Q1	us-gaap	Notes And Loans Receivable Net Current NotesAndLoansReceivableNetCurrent	98000000.0	usd
CY2022Q4	us-gaap	Notes And Loans Receivable Net Current NotesAndLoansReceivableNetCurrent	95400000	usd
CY2023Q1	us-gaap	Notes And Loans Receivable Gross Noncurrent NotesAndLoansReceivableGrossNoncurrent	290700000	usd
CY2022Q4	us-gaap	Notes And Loans Receivable Gross Noncurrent NotesAndLoansReceivableGrossNoncurrent	287500000	usd
CY2023Q1	us-gaap	Allowance For Notes And Loans Receivable Noncurrent AllowanceForNotesAndLoansReceivableNoncurrent	36900000	usd
CY2022Q4	us-gaap	Allowance For Notes And Loans Receivable Noncurrent AllowanceForNotesAndLoansReceivableNoncurrent	37700000	usd
CY2023Q1	us-gaap	Notes And Loans Receivable Net Noncurrent NotesAndLoansReceivableNetNoncurrent	253800000	usd
CY2022Q4	us-gaap	Notes And Loans Receivable Net Noncurrent NotesAndLoansReceivableNetNoncurrent	249800000	usd
CY2023Q1	us-gaap	Notes And Loans Receivable Net Noncurrent NotesAndLoansReceivableNetNoncurrent	253800000	usd
CY2022Q4	us-gaap	Notes And Loans Receivable Net Noncurrent NotesAndLoansReceivableNetNoncurrent	249800000	usd
CY2023Q1	us-gaap	Financing Receivable Unamortized Purchase Premium Discount FinancingReceivableUnamortizedPurchasePremiumDiscount	-17200000	usd
CY2022Q4	us-gaap	Financing Receivable Unamortized Purchase Premium Discount FinancingReceivableUnamortizedPurchasePremiumDiscount	-16800000	usd
CY2023Q1	vnt	Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year Writeoff FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYearWriteoff	0	usd
CY2023Q1	vnt	Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year Writeoff FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYearWriteoff	2100000	usd
CY2023Q1	vnt	Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year Writeoff FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYearWriteoff	2500000	usd
CY2023Q1	vnt	Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year Writeoff FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYearWriteoff	1500000	usd
CY2023Q1	vnt	Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year Writeoff FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYearWriteoff	700000	usd
CY2023Q1	vnt	Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year Writeoff FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYearWriteoff	800000	usd
CY2023Q1	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff	7600000	usd
CY2023Q1	vnt	Financing Receivable Period After Due Date Past Due FinancingReceivablePeriodAfterDueDatePastDue	P21D
CY2022	vnt	Financing Receivable Period After Due Date Past Due FinancingReceivablePeriodAfterDueDatePastDue	P21D
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	57300000	usd
CY2023Q1	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	8800000	usd
CY2023Q1	us-gaap	Financing Receivable Allowance For Credit Losses Write Offs FinancingReceivableAllowanceForCreditLossesWriteOffs	7600000	usd
CY2023Q1	us-gaap	Financing Receivable Allowance For Credit Losses Recovery FinancingReceivableAllowanceForCreditLossesRecovery	600000	usd
CY2023Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	59100000	usd
CY2023Q1	us-gaap	Allowance For Notes And Loans Receivable Current AllowanceForNotesAndLoansReceivableCurrent	22200000	usd
CY2022Q4	us-gaap	Allowance For Notes And Loans Receivable Current AllowanceForNotesAndLoansReceivableCurrent	19600000	usd
CY2023Q1	us-gaap	Allowance For Notes And Loans Receivable Noncurrent AllowanceForNotesAndLoansReceivableNoncurrent	36900000	usd
CY2022Q4	us-gaap	Allowance For Notes And Loans Receivable Noncurrent AllowanceForNotesAndLoansReceivableNoncurrent	37700000	usd
CY2023Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	59100000	usd
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	57300000	usd
CY2023Q1	us-gaap	Accounts Receivable Gross AccountsReceivableGross	387700000	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	14600000	usd
CY2023Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	1100000	usd
CY2023Q1	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	1400000	usd
CY2023Q1	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	14300000	usd
CY2023Q1	us-gaap	Accounts Receivable Net AccountsReceivableNet	373400000	usd
CY2023Q1	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	140200000	usd
CY2022Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	136600000	usd
CY2023Q1	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	24700000	usd
CY2022Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	34800000	usd
CY2023Q1	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	185900000	usd
CY2022Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	174600000	usd
CY2023Q1	us-gaap	Inventory Net InventoryNet	350800000	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	346000000.0	usd
CY2023Q1	us-gaap	Short Term Borrowings ShortTermBorrowings	8500000	usd
CY2023Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	2535000000	usd
CY2022Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	2600000000	usd
CY2023Q1	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	13400000	usd
CY2022Q4	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	14300000	usd
CY2023Q1	us-gaap	Long Term Debt LongTermDebt	2521600000	usd
CY2022Q4	us-gaap	Long Term Debt LongTermDebt	2585700000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	-3800000	usd
CY2023Q1	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax	-100000	usd
CY2023Q1	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	-100000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-3700000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	-15100000	usd
CY2022Q2	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax	-100000	usd
CY2022Q2	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	-100000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-15000000.0	usd
CY2023Q1	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	13500000	usd
CY2022Q4	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	12300000	usd
CY2023Q1	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	144700000	usd
CY2022Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	135200000	usd
CY2023Q1	us-gaap	Contract With Customer Liability Noncurrent ContractWithCustomerLiabilityNoncurrent	48000000.0	usd
CY2022Q4	us-gaap	Contract With Customer Liability Noncurrent ContractWithCustomerLiabilityNoncurrent	48700000	usd
CY2023Q1	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	192700000	usd
CY2022Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	183900000	usd
CY2023Q1	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	43300000	usd
CY2023Q1	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	373500000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	776400000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	776400000	usd
CY2022Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	748100000	usd
CY2022Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	748100000	usd
CY2023Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.240
CY2022Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.212
CY2022	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	segment
CY2022	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	2	segment
CY2023Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	3	segment
CY2023Q1	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	3	segment
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	776400000	usd
CY2022Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	748100000	usd
CY2023Q1	vnt	Corporate And Other Unallocated Costs CorporateAndOtherUnallocatedCosts	45900000	usd
CY2022Q2	vnt	Corporate And Other Unallocated Costs CorporateAndOtherUnallocatedCosts	40400000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	133800000	usd
CY2022Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	134800000	usd
CY2023Q1	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	-24000000.0	usd
CY2022Q2	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	-12900000	usd
CY2023Q1	us-gaap	Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain	0	usd
CY2022Q2	us-gaap	Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain	32700000	usd
CY2023Q1	us-gaap	Equity Securities Fv Ni Unrealized Gain EquitySecuritiesFvNiUnrealizedGain	0	usd
CY2023Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	3400000	shares
CY2022Q2	us-gaap	Equity Securities Fv Ni Unrealized Gain EquitySecuritiesFvNiUnrealizedGain	163000000.0	usd
CY2023Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-900000	usd
CY2022Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-100000	usd
CY2023Q1	vnt	Earning Before Income Taxes EarningBeforeIncomeTaxes	108900000	usd
CY2022Q2	vnt	Earning Before Income Taxes EarningBeforeIncomeTaxes	317500000	usd
CY2023Q1	us-gaap	Depreciation Depreciation	10400000	usd
CY2022Q2	us-gaap	Depreciation Depreciation	10600000	usd
CY2023Q1	us-gaap	Interest Income Operating InterestIncomeOperating	19800000	usd
CY2022Q2	us-gaap	Interest Income Operating InterestIncomeOperating	18400000	usd
CY2023Q1	vnt	Financing Receivable Capital Charge FinancingReceivableCapitalCharge	10200000	usd
CY2022Q2	vnt	Financing Receivable Capital Charge FinancingReceivableCapitalCharge	9900000	usd
CY2023Q1	vnt	Standard And Extended Product Warranty Period StandardAndExtendedProductWarrantyPeriod	P90D
CY2022Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	43000000.0	usd
CY2023Q1	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	8100000	usd
CY2023Q1	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	9000000.0	usd
CY2023Q1	us-gaap	Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss	100000	usd
CY2023Q1	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	42200000	usd
CY2023Q1	us-gaap	Gain Loss On Sale Of Other Investments GainLossOnSaleOfOtherInvestments	900000	usd
CY2023Q1	us-gaap	Goodwill Goodwill	1700000000	usd
CY2023Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	628300000	usd
CY2022Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	3400000	shares
CY2023Q1	us-gaap	Profit Loss ProfitLoss	82800000	usd
CY2022Q2	us-gaap	Profit Loss ProfitLoss	250200000	usd
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	155700000	shares
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	165900000	shares
CY2023Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	400000	shares
CY2022Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	600000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	156100000	shares
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	166500000	shares
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.53
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.51
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.53
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.50
CY2022Q2	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	500000000.0	usd
CY2023Q1	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	410800000	usd

Files In Submission

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0001786842-23-000036-index.html	Edgar Link	pending
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vnt-20230331_htm.xml	Edgar Link	completed

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$VNT
Vontier Corp Stock $vnt

2023 Q2 Form 10-Q Financial Statement

#000178684223000036 Filed on May 05, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$VNT Vontier Corp Stock $vnt

2023 Q2 Form 10-Q Financial Statement

#000178684223000036 Filed on May 05, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$VNT
Vontier Corp Stock $vnt