2019 Q4 Form 10-Q Financial Statement

#000162828019013038 Filed on November 01, 2019

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2018 Q4
Revenue $2.368B $2.002B $1.118B
YoY Change 111.88% 85.72% 3.93%
Cost Of Revenue $1.694B $1.402B $820.9M
YoY Change 106.3% 80.76% 1.71%
Gross Profit $674.9M $599.4M $297.0M
YoY Change 127.24% 98.48% 10.64%
Gross Profit Margin 28.5% 29.94% 26.57%
Selling, General & Admin $319.1M $292.2M $168.0M
YoY Change 89.94% 99.05% 16.83%
% of Gross Profit 47.28% 48.75% 56.57%
Research & Development $59.60M $58.60M $25.90M
YoY Change 130.12% 191.54% 9.28%
% of Gross Profit 8.83% 9.78% 8.72%
Depreciation & Amortization $112.1M $124.2M $26.30M
YoY Change 326.24% 316.78% 0.38%
% of Gross Profit 16.61% 20.72% 8.86%
Operating Expenses $444.2M $430.3M $203.5M
YoY Change 118.28% 143.38% 15.04%
Operating Profit $226.1M $169.1M $93.40M
YoY Change 142.08% 35.06% 2.03%
Interest Expense -$50.50M -$59.10M -$36.20M
YoY Change 39.5% 122.18% 77.45%
% of Operating Profit -22.34% -34.95% -38.76%
Other Income/Expense, Net -$900.0K $1.900M $300.0K
YoY Change -400.0% 58.33% -91.67%
Pretax Income $174.7M $113.3M $57.60M
YoY Change 203.3% 10.32% -22.89%
Income Tax $37.70M $22.70M $18.40M
% Of Pretax Income 21.58% 20.04% 31.94%
Net Earnings $135.7M $91.10M $34.40M
YoY Change 294.48% 3.88% -29.72%
Net Earnings / Revenue 5.73% 4.55% 3.08%
Basic Earnings Per Share $0.71 $0.48 $0.36
Diluted Earnings Per Share $0.71 $0.48 $0.36
COMMON SHARES
Basic Shares Outstanding 191.7M shares 189.6M shares 96.61M shares
Diluted Shares Outstanding 191.5M shares

Balance Sheet

Concept 2019 Q4 2019 Q3 2018 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $604.0M $587.0M $581.0M
YoY Change 3.96% 42.82% 149.36%
Cash & Equivalents $604.2M $587.4M $580.9M
Short-Term Investments
Other Short-Term Assets $150.9M $192.4M $115.6M
YoY Change 30.54% 72.65% -5.47%
Inventory $1.773B $1.957B $844.9M
Prepaid Expenses
Receivables $1.150B $1.213B $801.2M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $4.192B $4.410B $4.450B
YoY Change -5.79% 1.31% 96.44%
LONG-TERM ASSETS
Property, Plant & Equipment $1.656B $1.623B $563.8M
YoY Change 193.69% 191.11% -1.78%
Goodwill $8.361B $8.103B $2.397B
YoY Change 248.88% 235.88% -2.59%
Intangibles $4.727B $4.822B $1.713B
YoY Change 176.0% 174.43% -5.26%
Long-Term Investments $95.20M $30.80M
YoY Change 209.09%
Other Assets $631.7M $557.6M $109.4M
YoY Change 477.42% 671.48% 43.27%
Total Long-Term Assets $14.75B $14.49B $4.200B
YoY Change 251.27% 245.04% -2.67%
TOTAL ASSETS
Total Short-Term Assets $4.192B $4.410B $4.450B
Total Long-Term Assets $14.75B $14.49B $4.200B
Total Assets $18.94B $18.90B $8.649B
YoY Change 119.03% 120.98% 31.45%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.158B $1.146B $589.4M
YoY Change 96.39% 105.62% 6.67%
Accrued Expenses $1.401B $1.270B $620.0M
YoY Change 125.97% 130.07% 2.65%
Deferred Revenue $604.2M $670.6M $373.5M
YoY Change 61.77% 79.25% 1.02%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $95.70M $112.0M $64.10M
YoY Change 49.3% 138.3% 36.38%
Total Short-Term Liabilities $3.258B $3.199B $1.647B
YoY Change 97.86% 109.04% 4.66%
LONG-TERM LIABILITIES
Long-Term Debt $4.334B $4.634B $3.793B
YoY Change 14.26% 21.37% 108.05%
Other Long-Term Liabilities $808.9M $1.143B $47.00M
YoY Change 1621.06% 4048.13% -21.22%
Total Long-Term Liabilities $5.143B $1.143B $3.840B
YoY Change 33.93% 4048.13% 6336.35%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.258B $3.199B $1.647B
Total Long-Term Liabilities $5.143B $1.143B $3.840B
Total Liabilities $8.951B $9.172B $5.780B
YoY Change 54.85% 62.53% 54.08%
SHAREHOLDERS EQUITY
Retained Earnings $3.267B $3.155B $3.022B
YoY Change 8.11% 5.19% 8.97%
Common Stock $7.879B $7.818B $915.9M
YoY Change 760.27% 751.53% 0.88%
Preferred Stock
YoY Change
Treasury Stock (at cost) $807.1M $807.6M $816.1M
YoY Change -1.1% -1.07% -1.36%
Treasury Stock Shares 35.20M shares 35.27M shares 35.73M shares
Shareholders Equity $9.957B $9.696B $2.865B
YoY Change
Total Liabilities & Shareholders Equity $18.94B $18.90B $8.649B
YoY Change 119.03% 120.98% 31.45%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2018 Q4
OPERATING ACTIVITIES
Net Income $135.7M $91.10M $34.40M
YoY Change 294.48% 3.88% -29.72%
Depreciation, Depletion And Amortization $112.1M $124.2M $26.30M
YoY Change 326.24% 316.78% 0.38%
Cash From Operating Activities $447.8M $123.8M $276.7M
YoY Change 61.84% -514.05% 70.49%
INVESTING ACTIVITIES
Capital Expenditures -$72.70M -$50.70M -$29.10M
YoY Change 149.83% 106.94% -0.34%
Acquisitions
YoY Change
Other Investing Activities $4.700M -$18.70M -$14.10M
YoY Change -133.33% 78.1% -85.67%
Cash From Investing Activities -$68.00M -$69.40M -$43.10M
YoY Change 57.77% 97.72% -66.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -355.6M 91.00M -17.20M
YoY Change 1967.44% -95.39% -37.23%
NET CHANGE
Cash From Operating Activities 447.8M 123.8M 276.7M
Cash From Investing Activities -68.00M -69.40M -43.10M
Cash From Financing Activities -355.6M 91.00M -17.20M
Net Change In Cash 24.20M 145.4M 216.4M
YoY Change -88.82% -92.38% 2864.38%
FREE CASH FLOW
Cash From Operating Activities $447.8M $123.8M $276.7M
Capital Expenditures -$72.70M -$50.70M -$29.10M
Free Cash Flow $520.5M $174.5M $305.8M
YoY Change 70.21% -3331.48% 59.69%

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CY2019Q3 us-gaap Net Income Loss
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CY2018Q3 us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
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CY2018Q3 us-gaap Earnings Per Share Diluted
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us-gaap Earnings Per Share Diluted
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us-gaap Earnings Per Share Diluted
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2019Q3 us-gaap Net Income Loss
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CY2018Q3 us-gaap Net Income Loss
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us-gaap Net Income Loss
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191000000.0 USD
us-gaap Net Income Loss
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CY2018Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
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-44300000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
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CY2019Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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200000 USD
CY2018Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
0 USD
us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Inventories
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us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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-4000000.0 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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-5500000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
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CY2018Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
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6900000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
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100000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
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CY2019Q3 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
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CY2018Q3 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-51200000 USD
us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
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us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
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CY2019Q3 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
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700000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
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us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
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us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
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-500000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-49500000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-212000000.0 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2019Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2018Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
38200000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
99900000 USD
us-gaap Profit Loss
ProfitLoss
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us-gaap Profit Loss
ProfitLoss
256900000 USD
us-gaap Depreciation And Amortization
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us-gaap Depreciation And Amortization
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us-gaap Share Based Compensation
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36100000 USD
us-gaap Share Based Compensation
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20500000 USD
wab Amortization Of Intangible Liability
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29900000 USD
wab Amortization Of Intangible Liability
AmortizationOfIntangibleLiability
0 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
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-12600000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
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-4000000.0 USD
us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Accounts Payable
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us-gaap Increase Decrease In Accounts Payable
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us-gaap Increase Decrease In Accrued Income Taxes Payable
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us-gaap Increase Decrease In Accrued Income Taxes Payable
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wab Increase Decrease In Accrued Liabilities And Customer Deposits
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18800000 USD
wab Increase Decrease In Accrued Liabilities And Customer Deposits
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us-gaap Increase Decrease In Other Operating Capital Net
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CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2019Q3 us-gaap Dividends Cash
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23800000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
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us-gaap Increase Decrease In Other Operating Capital Net
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us-gaap Net Cash Provided By Used In Operating Activities
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567700000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Proceeds From Sale Of Property Plant And Equipment
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us-gaap Proceeds From Sale Of Property Plant And Equipment
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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49100000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
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us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
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3490200000 USD
us-gaap Repayments Of Long Term Debt And Capital Securities
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us-gaap Repayments Of Long Term Debt And Capital Securities
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us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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13100000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
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us-gaap Payment For Contingent Consideration Liability Financing Activities
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us-gaap Payment For Contingent Consideration Liability Financing Activities
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us-gaap Payments Of Dividends Common Stock
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us-gaap Payments Of Dividends Common Stock
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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12200000 USD
CY2019Q3 us-gaap Profit Loss
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90600000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2019Q3 us-gaap Stockholders Equity Other
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us-gaap Stockholders Equity Other
StockholdersEquityOther
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CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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2869100000 USD
us-gaap Dividends Cash
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58200000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
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us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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36100000 USD
us-gaap Profit Loss
ProfitLoss
189500000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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us-gaap Stock Issued During Period Value Acquisitions
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us-gaap Stockholders Equity Other
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CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2018Q3 us-gaap Dividends Cash
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CY2018Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
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CY2018Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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6500000 USD
CY2018Q3 us-gaap Profit Loss
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CY2018Q3 us-gaap Stockholders Equity Other
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500000 USD
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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us-gaap Dividends Cash
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34800000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
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us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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20500000 USD
us-gaap Profit Loss
ProfitLoss
256900000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-160700000 USD
us-gaap Nature Of Operations
NatureOfOperations
BUSINESS <span style="font-family:inherit;font-size:10pt;">Westinghouse Air Brake Technologies Corporation (“Wabtec” or the "Company") is one of the world’s largest providers of value-added, technology-based equipment, systems and services for the global freight rail and passenger transit industries. Our highly engineered products enhance safety, improve productivity and reduce maintenance costs for customers and can be found on most locomotives, freight cars, passenger transit cars and buses around the world. Many of our core products and services are essential in the safe and efficient operation of freight rail and passenger transit vehicles. Wabtec is a global company with operations in over </span><span style="font-family:inherit;font-size:10pt;"><span>50</span></span><span style="font-family:inherit;font-size:10pt;"> countries and our products can be found in more than </span><span style="font-family:inherit;font-size:10pt;"><span>100</span></span><span style="font-family:inherit;font-size:10pt;"> countries throughout the world. In the first </span><span style="font-family:inherit;font-size:10pt;">nine</span><span style="font-family:inherit;font-size:10pt;"> months of </span><span style="font-family:inherit;font-size:10pt;">2019</span><span style="font-family:inherit;font-size:10pt;">, approximately </span><span style="font-family:inherit;font-size:10pt;"><span>58%</span></span> of the Company’s revenues came from customers outside the United States.
CY2019Q3 us-gaap Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
50 country
CY2019Q3 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
119400000 USD
CY2019Q3 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
59200000 USD
CY2019Q3 us-gaap Provision For Loss On Contracts
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CY2018Q4 us-gaap Provision For Loss On Contracts
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71200000 USD
CY2019Q3 us-gaap Revenue Remaining Performance Obligation
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20600000000 USD
CY2019Q3 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.26
CY2019Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Reclassifications</span> Certain prior year amounts have been reclassified, where necessary, to conform to the current year presentation
us-gaap Use Of Estimates
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<div style="line-height:120%;padding-top:8px;text-align:left;text-indent:37px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</span><span style="font-family:inherit;font-size:10pt;"> The preparation of financial statements in conformity with GAAP in the United States requires the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and reported amounts of revenues and expenses during the reporting period. Actual amounts could differ from the estimates. On an ongoing basis, management reviews its estimates based on currently available information. Changes in facts and circumstances may result in revised estimates. </span></div>
CY2018Q4 us-gaap Goodwill
Goodwill
2396500000 USD
us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
5822200000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-213600000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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-1600000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-212000000.0 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-166600000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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-5900000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-160700000 USD
CY2019Q3 us-gaap Business Acquisitions Pro Forma Revenue
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2001700000 USD
CY2018Q3 us-gaap Business Acquisitions Pro Forma Revenue
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1994800000 USD
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
6317800000 USD
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
5891200000 USD
CY2019Q3 wab Business Acquisition Pro Forma Gross Profit
BusinessAcquisitionProFormaGrossProfit
615400000 USD
CY2018Q3 wab Business Acquisition Pro Forma Gross Profit
BusinessAcquisitionProFormaGrossProfit
575700000 USD
wab Business Acquisition Pro Forma Gross Profit
BusinessAcquisitionProFormaGrossProfit
1376400000 USD
wab Business Acquisition Pro Forma Gross Profit
BusinessAcquisitionProFormaGrossProfit
1595800000 USD
CY2019Q3 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
103300000 USD
CY2018Q3 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
120700000 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
358500000 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
195400000 USD
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.48
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.91
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.11
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.70
CY2019Q3 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
0.55
CY2018Q3 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
0.63
us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
1.87
us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
1.02
CY2019Q3 us-gaap Inventory Raw Materials Net Of Reserves
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786300000 USD
CY2018Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
465900000 USD
CY2019Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
521700000 USD
CY2018Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
154500000 USD
CY2019Q3 us-gaap Inventory Finished Goods Net Of Reserves
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649300000 USD
CY2018Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
224500000 USD
CY2019Q3 us-gaap Inventory Net
InventoryNet
1957300000 USD
CY2018Q4 us-gaap Inventory Net
InventoryNet
844900000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-115500000 USD
CY2019Q3 us-gaap Goodwill
Goodwill
8103200000 USD
CY2019Q3 us-gaap Indefinite Lived Trademarks
IndefiniteLivedTrademarks
614500000 USD
CY2018Q4 us-gaap Indefinite Lived Trademarks
IndefiniteLivedTrademarks
582800000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3592500000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
547100000 USD
CY2019Q3 us-gaap Amortization Of Intangible Assets
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79500000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
172900000 USD
CY2018Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
9900000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
30100000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
72100000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
285100000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
284100000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
283700000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
283200000 USD
CY2018Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
345600000 USD
us-gaap Contract With Customer Asset Increase Decrease For Contract Acquired In Business Combination
ContractWithCustomerAssetIncreaseDecreaseForContractAcquiredInBusinessCombination
217400000 USD
wab Contract With Customer Asset New Contract Additions
ContractWithCustomerAssetNewContractAdditions
445100000 USD
wab Shortterm And Variable Lease Cost
ShorttermAndVariableLeaseCost
500000 USD
CY2019Q3 us-gaap Sublease Income
SubleaseIncome
100000 USD
us-gaap Sublease Income
SubleaseIncome
400000 USD
us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
415700000 USD
wab Contract With Customer Asset Increase Decrease Foreign Currency Translation Adjustment
ContractWithCustomerAssetIncreaseDecreaseForeignCurrencyTranslationAdjustment
-12700000 USD
CY2019Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
579700000 USD
CY2018Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
444800000 USD
us-gaap Contract With Customer Liability Increase Decrease For Contract Acquired In Business Combination
ContractWithCustomerLiabilityIncreaseDecreaseForContractAcquiredInBusinessCombination
314700000 USD
wab Contract With Customer Liability New Contract Additions
ContractWithCustomerLiabilityNewContractAdditions
781300000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
412900000 USD
wab Contractwith Customer Liability Revenue Recognizedfrom Current Year Additions
ContractwithCustomerLiabilityRevenueRecognizedfromCurrentYearAdditions
270300000 USD
wab Contractwith Customer Liability Increase Decrease Foreign Currency Translation Adjustment
ContractwithCustomerLiabilityIncreaseDecreaseForeignCurrencyTranslationAdjustment
-12300000 USD
CY2019Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
845300000 USD
CY2019Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
13600000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
40400000 USD
CY2019Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
300000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
900000 USD
CY2019Q3 wab Shortterm And Variable Lease Cost
ShorttermAndVariableLeaseCost
200000 USD
CY2019Q3 us-gaap Lease Cost
LeaseCost
14000000.0 USD
us-gaap Lease Cost
LeaseCost
41400000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
12900000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
100000 USD
CY2019Q3 wab Lessee Operating And Finance Lease Liability Total Payments Remainderof Fiscal Year
LesseeOperatingAndFinanceLeaseLiabilityTotalPaymentsRemainderofFiscalYear
13000000.0 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
48000000.0 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
400000 USD
CY2019Q3 wab Lessee Operating And Finance Lease Liability Total Payments Due Year Two
LesseeOperatingAndFinanceLeaseLiabilityTotalPaymentsDueYearTwo
48400000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
40300000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
200000 USD
CY2019Q3 wab Lessee Operating And Finance Lease Liability Total Payments Due Year Three
LesseeOperatingAndFinanceLeaseLiabilityTotalPaymentsDueYearThree
40500000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
33300000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
100000 USD
CY2019Q3 wab Lessee Operating And Finance Lease Liability Total Payments Due Year Four
LesseeOperatingAndFinanceLeaseLiabilityTotalPaymentsDueYearFour
33400000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
28600000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
100000 USD
CY2019Q3 wab Lessee Operating And Finance Lease Liability Total Payments Due Year Five
LesseeOperatingAndFinanceLeaseLiabilityTotalPaymentsDueYearFive
28700000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
126100000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
400000 USD
CY2019Q3 wab Lessee Operating And Finance Lease Liability Total Payments Due After Year Five
LesseeOperatingAndFinanceLeaseLiabilityTotalPaymentsDueAfterYearFive
126500000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
289200000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
1300000 USD
CY2019Q3 wab Lessee Operating And Finance Lease Liability Payments Due
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDue
290500000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
30200000 USD
CY2019Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
0 USD
CY2019Q3 wab Lessee Operating And Finance Lease Liability Undiscounted Excess Amount
LesseeOperatingAndFinanceLeaseLiabilityUndiscountedExcessAmount
30200000 USD
CY2019Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
259000000.0 USD
CY2019Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
1300000 USD
CY2019Q3 wab Operating And Finance Lease Liability
OperatingAndFinanceLeaseLiability
260300000 USD
CY2019Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y1M6D
CY2019Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P5Y4M24D
CY2019Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.030
CY2019Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.014
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
20500000 USD
CY2019Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
49600000 USD
CY2019Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
4633500000 USD
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
3792800000 USD
CY2019Q3 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
4745300000 USD
CY2018Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
3856900000 USD
CY2019Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
111800000 USD
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
64100000 USD
CY2019Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11800000 USD
CY2018Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6400000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
36100000 USD
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
466677 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
61.04
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y8M12D
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
5115000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
134450 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
70.44
wab Share Based Compensation Arrangement By Share Based Payment Award Options Granted Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantedIntrinsicValue
210000 USD
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
468 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
64.54
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
3000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
4868 shares
CY2019Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
557600000 USD
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
73.47
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
69.40
wab Share Based Compensation Arrangementby Sharebased Payment Award Options Canceled Intrinsic Value
ShareBasedCompensationArrangementbySharebasedPaymentAwardOptionsCanceledIntrinsicValue
0 USD
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
595791 shares
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
63.07
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y2M12D
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
5321000 USD
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
388581 shares
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
54.88
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y2M12D
CY2019Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
6652000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0066
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0031
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0260
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0278
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.258
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.239
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
75.51
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
70.45
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
71.57
wab Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Net Performance Adjustment Weighted Average Net Performance Adjustment Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNetPerformanceAdjustmentWeightedAverageNetPerformanceAdjustmentFairValue
79.35
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
74.12
CY2018Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
CY2019Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
400000 shares
CY2018Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
400000 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
191500000 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
96600000 shares
CY2019Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
0 USD
CY2018Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
0 USD
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
87500000 USD
CY2019Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.200
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.304
CY2018Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.162
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.172
CY2019Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
10300000 USD
CY2019Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
10300000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
9500000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
8400000 USD
CY2019Q3 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
4500000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
91100000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
87700000 USD
CY2019Q3 us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
23000000.0 USD
CY2018Q3 us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
11600000 USD
CY2019Q3 us-gaap Undistributed Earnings
UndistributedEarnings
68100000 USD
CY2018Q3 us-gaap Undistributed Earnings
UndistributedEarnings
76200000 USD
CY2019Q3 wab Percentage Of Net Income Allocated To Common Shareholders
PercentageOfNetIncomeAllocatedToCommonShareholders
0.997
CY2018Q3 wab Percentage Of Net Income Allocated To Common Shareholders
PercentageOfNetIncomeAllocatedToCommonShareholders
0.997
CY2019Q3 wab Undistributed Earnings Allocated To Common Shareholders
UndistributedEarningsAllocatedToCommonShareholders
67900000 USD
CY2018Q3 wab Undistributed Earnings Allocated To Common Shareholders
UndistributedEarningsAllocatedToCommonShareholders
75900000 USD
CY2019Q3 wab Dividends Declared Common Shares
DividendsDeclaredCommonShares
23000000.0 USD
CY2018Q3 wab Dividends Declared Common Shares
DividendsDeclaredCommonShares
11600000 USD
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
90900000 USD
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
87500000 USD
CY2019Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
0 USD
CY2018Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
0 USD
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
90900000 USD
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
189600000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
96200000 shares
CY2019Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
1500000 shares
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.48
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
95900000 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.17
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.71
us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
8600000 shares
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.11
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.70
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.91
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.48
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.91
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
189600000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
96200000 shares
CY2019Q3 wab Basic Weighted Average Common Shares Outstanding And Non Vested Restricted Stock Expected To Vest
BasicWeightedAverageCommonSharesOutstandingAndNonVestedRestrictedStockExpectedToVest
190100000 shares
CY2018Q3 wab Basic Weighted Average Common Shares Outstanding And Non Vested Restricted Stock Expected To Vest
BasicWeightedAverageCommonSharesOutstandingAndNonVestedRestrictedStockExpectedToVest
96500000 shares
CY2019Q3 wab Percentage Of Net Income Allocated To Common Shareholders
PercentageOfNetIncomeAllocatedToCommonShareholders
0.997
CY2018Q3 wab Percentage Of Net Income Allocated To Common Shareholders
PercentageOfNetIncomeAllocatedToCommonShareholders
0.997
us-gaap Net Income Loss
NetIncomeLoss
191000000.0 USD
us-gaap Net Income Loss
NetIncomeLoss
260600000 USD
us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
57300000 USD
us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
34800000 USD
us-gaap Undistributed Earnings
UndistributedEarnings
133700000 USD
us-gaap Undistributed Earnings
UndistributedEarnings
225800000 USD
wab Percentage Of Net Income Allocated To Common Shareholders
PercentageOfNetIncomeAllocatedToCommonShareholders
0.997
wab Percentage Of Net Income Allocated To Common Shareholders
PercentageOfNetIncomeAllocatedToCommonShareholders
0.997
wab Undistributed Earnings Allocated To Common Shareholders
UndistributedEarningsAllocatedToCommonShareholders
133300000 USD
wab Undistributed Earnings Allocated To Common Shareholders
UndistributedEarningsAllocatedToCommonShareholders
225100000 USD
wab Dividends Declared Common Shares
DividendsDeclaredCommonShares
57200000 USD
wab Dividends Declared Common Shares
DividendsDeclaredCommonShares
34600000 USD
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
400000 USD
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
0 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
190100000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
259700000 USD
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
400000 USD
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
0 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
190500000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
259700000 USD
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
163200000 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
400000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
500000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
172200000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
96400000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
163200000 shares
CY2019Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1622700000 USD
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
95900000 shares
wab Basic Weighted Average Common Shares Outstanding And Non Vested Restricted Stock Expected To Vest
BasicWeightedAverageCommonSharesOutstandingAndNonVestedRestrictedStockExpectedToVest
163700000 shares
wab Basic Weighted Average Common Shares Outstanding And Non Vested Restricted Stock Expected To Vest
BasicWeightedAverageCommonSharesOutstandingAndNonVestedRestrictedStockExpectedToVest
96200000 shares
wab Percentage Of Net Income Allocated To Common Shareholders
PercentageOfNetIncomeAllocatedToCommonShareholders
0.997
wab Percentage Of Net Income Allocated To Common Shareholders
PercentageOfNetIncomeAllocatedToCommonShareholders
0.997
CY2018Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
153700000 USD
CY2017Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
153100000 USD
us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
108200000 USD
us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
3100000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
81900000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
45700000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
93100000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
43000000.0 USD
us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
4100000 USD
us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
4400000 USD
CY2019Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
246600000 USD
CY2018Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
154500000 USD
CY2019Q3 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
3002000000.0 USD
CY2019Q3 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
12700000 USD
CY2018Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
1697000000.0 USD
CY2018Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
-1000000.0 USD
CY2019Q3 us-gaap Goodwill
Goodwill
8103200000 USD
CY2019Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
0 USD
CY2019Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
4207000000.0 USD
CY2019Q3 us-gaap Receivables Net Current
ReceivablesNetCurrent
1673300000 USD
CY2019Q3 us-gaap Inventory Net
InventoryNet
1957300000 USD
CY2019Q3 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
192400000 USD
CY2019Q3 us-gaap Assets Current
AssetsCurrent
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