2019 Q4 Form 10-K Financial Statement

#000162828020002098 Filed on February 24, 2020

View on sec.gov

Income Statement

Concept 2019 Q4 2018 Q4 2018 Q3
Revenue $2.368B $1.118B $1.078B
YoY Change 111.88% 3.93% 12.51%
Cost Of Revenue $1.694B $820.9M $775.8M
YoY Change 106.3% 1.71% 10.09%
Gross Profit $674.9M $297.0M $302.0M
YoY Change 127.24% 10.64% 19.27%
Gross Profit Margin 28.5% 26.57% 28.02%
Selling, General & Admin $319.1M $168.0M $146.8M
YoY Change 89.94% 16.83% 24.21%
% of Gross Profit 47.28% 56.57% 48.61%
Research & Development $59.60M $25.90M $20.10M
YoY Change 130.12% 9.28% -18.65%
% of Gross Profit 8.83% 8.72% 6.66%
Depreciation & Amortization $112.1M $26.30M $29.80M
YoY Change 326.24% 0.38% 15.06%
% of Gross Profit 16.61% 8.86% 9.87%
Operating Expenses $444.2M $203.5M $176.8M
YoY Change 118.28% 15.04% 16.67%
Operating Profit $226.1M $93.40M $125.2M
YoY Change 142.08% 2.03% 23.15%
Interest Expense -$50.50M -$36.20M -$26.60M
YoY Change 39.5% 77.45% 12.71%
% of Operating Profit -22.34% -38.76% -21.25%
Other Income/Expense, Net -$900.0K $300.0K $1.200M
YoY Change -400.0% -91.67% -370.88%
Pretax Income $174.7M $57.60M $102.7M
YoY Change 203.3% -22.89% 26.5%
Income Tax $37.70M $18.40M $16.60M
% Of Pretax Income 21.58% 31.94% 16.16%
Net Earnings $135.7M $34.40M $87.70M
YoY Change 294.48% -29.72% 30.12%
Net Earnings / Revenue 5.73% 3.08% 8.14%
Basic Earnings Per Share $0.71 $0.36 $0.91
Diluted Earnings Per Share $0.71 $0.36 $0.91
COMMON SHARES
Basic Shares Outstanding 191.7M shares 96.61M shares 96.20M shares
Diluted Shares Outstanding 96.60M shares

Balance Sheet

Concept 2019 Q4 2018 Q4 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $604.0M $581.0M $411.0M
YoY Change 3.96% 149.36% 80.26%
Cash & Equivalents $604.2M $580.9M $411.4M
Short-Term Investments
Other Short-Term Assets $150.9M $115.6M $111.4M
YoY Change 30.54% -5.47% -20.36%
Inventory $1.773B $844.9M $866.2M
Prepaid Expenses
Receivables $1.150B $801.2M $851.2M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $4.192B $4.450B $4.354B
YoY Change -5.79% 96.44% 91.19%
LONG-TERM ASSETS
Property, Plant & Equipment $1.656B $563.8M $557.4M
YoY Change 193.69% -1.78% 1.28%
Goodwill $8.361B $2.397B $2.413B
YoY Change 248.88% -2.59% 1.17%
Intangibles $4.727B $1.713B $1.757B
YoY Change 176.0% -5.26% 1.9%
Long-Term Investments $95.20M $30.80M
YoY Change 209.09%
Other Assets $631.7M $109.4M $72.28M
YoY Change 477.42% 43.27% -25.5%
Total Long-Term Assets $14.75B $4.200B $4.200B
YoY Change 251.27% -2.67% 0.65%
TOTAL ASSETS
Total Short-Term Assets $4.192B $4.450B $4.354B
Total Long-Term Assets $14.75B $4.200B $4.200B
Total Assets $18.94B $8.649B $8.553B
YoY Change 119.03% 31.45% 32.62%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.158B $589.4M $557.4M
YoY Change 96.39% 6.67% 8.68%
Accrued Expenses $1.401B $620.0M $552.0M
YoY Change 125.97% 2.65% 4.35%
Deferred Revenue $604.2M $373.5M $374.1M
YoY Change 61.77% 1.02%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $95.70M $64.10M $47.00M
YoY Change 49.3% 36.38% -6.0%
Total Short-Term Liabilities $3.258B $1.647B $1.530B
YoY Change 97.86% 4.66% 4.43%
LONG-TERM LIABILITIES
Long-Term Debt $4.334B $3.793B $3.818B
YoY Change 14.26% 108.05% 109.32%
Other Long-Term Liabilities $808.9M $47.00M $27.56M
YoY Change 1621.06% -21.22% 43.93%
Total Long-Term Liabilities $5.143B $3.840B $27.56M
YoY Change 33.93% 6336.35% 43.93%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.258B $1.647B $1.530B
Total Long-Term Liabilities $5.143B $3.840B $27.56M
Total Liabilities $8.951B $5.780B $5.643B
YoY Change 54.85% 54.08% 51.96%
SHAREHOLDERS EQUITY
Retained Earnings $3.267B $3.022B $2.999B
YoY Change 8.11% 8.97% 9.62%
Common Stock $7.879B $915.9M $918.1M
YoY Change 760.27% 0.88% 1.8%
Preferred Stock
YoY Change
Treasury Stock (at cost) $807.1M $816.1M $816.3M
YoY Change -1.1% -1.36% -1.42%
Treasury Stock Shares 35.20M shares 35.73M shares 35.74M shares
Shareholders Equity $9.957B $2.865B $2.895B
YoY Change
Total Liabilities & Shareholders Equity $18.94B $8.649B $8.553B
YoY Change 119.03% 31.45% 32.62%

Cashflow Statement

Concept 2019 Q4 2018 Q4 2018 Q3
OPERATING ACTIVITIES
Net Income $135.7M $34.40M $87.70M
YoY Change 294.48% -29.72% 30.12%
Depreciation, Depletion And Amortization $112.1M $26.30M $29.80M
YoY Change 326.24% 0.38% 15.06%
Cash From Operating Activities $447.8M $276.7M -$29.90M
YoY Change 61.84% 70.49% -174.38%
INVESTING ACTIVITIES
Capital Expenditures -$72.70M -$29.10M -$24.50M
YoY Change 149.83% -0.34% 11.87%
Acquisitions
YoY Change
Other Investing Activities $4.700M -$14.10M -$10.50M
YoY Change -133.33% -85.67% -98.61%
Cash From Investing Activities -$68.00M -$43.10M -$35.10M
YoY Change 57.77% -66.22% -95.48%
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 -17.20M 1.973B
YoY Change 1967.44% -37.23% -1867.47%
NET CHANGE
Cash From Operating Activities 447.8M 276.7M -29.90M
Cash From Investing Activities -68.00M -43.10M -35.10M
Cash From Financing Activities -355.6M -17.20M 1.973B
Net Change In Cash 24.20M 216.4M 1.908B
YoY Change -88.82% 2864.38% -324.76%
FREE CASH FLOW
Cash From Operating Activities $447.8M $276.7M -$29.90M
Capital Expenditures -$72.70M -$29.10M -$24.50M
Free Cash Flow $520.5M $305.8M -$5.400M
YoY Change 70.21% 59.69% -108.7%

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CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.72
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
170500000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
96000000.0 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
95500000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
177300000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
96500000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
96100000 shares
CY2019 us-gaap Net Income Loss
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326700000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
294900000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
262300000 USD
CY2019 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-106400000 USD
CY2018 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-207300000 USD
CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
326100000 USD
CY2018 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
-4800000 USD
CY2017 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
338700000 USD
CY2019 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
-6200000 USD
CY2019 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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-4300000 USD
CY2018 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-5300000 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
9800000 USD
CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
21500000 USD
CY2018 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
3800000 USD
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-2800000 USD
CY2019 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-132200000 USD
CY2018 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-216400000 USD
CY2017 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
4100000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-126000000.0 USD
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-211600000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
334600000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
200700000 USD
CY2018 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
83300000 USD
CY2017 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
596900000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
326500000 USD
CY2018 us-gaap Profit Loss
ProfitLoss
291700000 USD
CY2017 us-gaap Profit Loss
ProfitLoss
262300000 USD
CY2019 us-gaap Depreciation And Amortization
DepreciationAndAmortization
401400000 USD
CY2018 us-gaap Depreciation And Amortization
DepreciationAndAmortization
109300000 USD
CY2017 us-gaap Depreciation And Amortization
DepreciationAndAmortization
103200000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
50000000.0 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
25300000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
21300000 USD
CY2019 wab Amortization Of Intangible Liability
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82200000 USD
CY2018 wab Amortization Of Intangible Liability
AmortizationOfIntangibleLiability
0 USD
CY2017 wab Amortization Of Intangible Liability
AmortizationOfIntangibleLiability
0 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-27300000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-5300000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-67400000 USD
CY2019 us-gaap Gain Loss On Sale Of Property Plant Equipment
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-15900000 USD
CY2018 us-gaap Gain Loss On Sale Of Property Plant Equipment
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-900000 USD
CY2017 us-gaap Gain Loss On Sale Of Property Plant Equipment
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-1900000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable
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6300000 USD
CY2018 us-gaap Increase Decrease In Accounts Receivable
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54600000 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
68700000 USD
CY2019 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-255900000 USD
CY2018 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
108900000 USD
CY2017 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
9000000.0 USD
CY2019 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-144300000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
48800000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-91700000 USD
CY2019 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
10700000 USD
CY2018 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
7900000 USD
CY2017 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
47600000 USD
CY2019 wab Increase Decrease In Accrued Liabilities And Customer Deposits
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-11900000 USD
CY2018 wab Increase Decrease In Accrued Liabilities And Customer Deposits
IncreaseDecreaseInAccruedLiabilitiesAndCustomerDeposits
31700000 USD
CY2017 wab Increase Decrease In Accrued Liabilities And Customer Deposits
IncreaseDecreaseInAccruedLiabilitiesAndCustomerDeposits
-18900000 USD
CY2019 us-gaap Increase Decrease In Other Operating Capital Net
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-227100000 USD
CY2018 us-gaap Increase Decrease In Other Operating Capital Net
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32100000 USD
CY2017 us-gaap Increase Decrease In Other Operating Capital Net
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-8200000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
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1015500000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
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314700000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
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188800000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
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185300000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
93300000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
89500000 USD
CY2019 us-gaap Proceeds From Sale Of Property Plant And Equipment
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3900000 USD
CY2018 us-gaap Proceeds From Sale Of Property Plant And Equipment
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11300000 USD
CY2017 us-gaap Proceeds From Sale Of Property Plant And Equipment
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1300000 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
2996400000 USD
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
51200000 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
945300000 USD
CY2019 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0 USD
CY2018 us-gaap Payments For Proceeds From Other Investing Activities
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14100000 USD
CY2017 us-gaap Payments For Proceeds From Other Investing Activities
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0 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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-3177800000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
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-147300000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
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-1033500000 USD
CY2019 us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
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3982400000 USD
CY2018 us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
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3480700000 USD
CY2017 us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
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1216700000 USD
CY2019 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
3423600000 USD
CY2018 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
1454000000.0 USD
CY2017 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
1269500000 USD
CY2019 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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800000 USD
CY2018 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
10000000.0 USD
CY2017 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
4400000 USD
CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
6300000 USD
CY2018 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
12300000 USD
CY2017 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
6800000 USD
CY2019 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
10100000 USD
CY2018 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
0 USD
CY2017 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
0 USD
CY2019 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
81700000 USD
CY2018 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
46300000 USD
CY2017 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
42200000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
461500000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1978100000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-97400000 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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-37300000 USD
CY2018 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-36600000 USD
CY2017 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
32300000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1738100000 USD
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
2108900000 USD
CY2017 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-909800000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2342300000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
233400000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1143200000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
604200000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2342300000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
233400000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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2976800000 USD
CY2017 us-gaap Dividends Cash
DividendsCash
42200000 USD
CY2017 us-gaap Stock Issued During Period Value Stock Options Exercised
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-2400000 USD
CY2017 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
16700000 USD
CY2017 us-gaap Noncontrolling Interest Decrease From Deconsolidation
NoncontrollingInterestDecreaseFromDeconsolidation
742200000 USD
CY2017 us-gaap Profit Loss
ProfitLoss
262300000 USD
CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
334600000 USD
CY2019 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
81700000 USD
CY2017 us-gaap Stock Issued During Period Value Acquisitions
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25000000.0 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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2828600000 USD
CY2018 us-gaap Dividends Cash
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46300000 USD
CY2018 us-gaap Stock Issued During Period Value Stock Options Exercised
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-2200000 USD
CY2018 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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21500000 USD
CY2018 us-gaap Profit Loss
ProfitLoss
291700000 USD
CY2018 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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-211600000 USD
CY2018 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
12600000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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2869100000 USD
CY2019 us-gaap Stock Issued During Period Value Stock Options Exercised
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-5600000 USD
CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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38200000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
326500000 USD
CY2019 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-126000000.0 USD
CY2019 us-gaap Stock Issued During Period Value Acquisitions
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6970300000 USD
CY2019 us-gaap Stockholders Equity Other
StockholdersEquityOther
-2800000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
9993600000 USD
CY2019 us-gaap Nature Of Operations
NatureOfOperations
BUSINESSWabtec is one of the world’s largest providers of locomotives, value-added, technology-based equipment, systems and services for the global freight rail and passenger transit industries. Our highly engineered products, which are intended to enhance safety, improve productivity and reduce maintenance costs for customers, can be found on most locomotives, freight cars, passenger transit cars and buses around the world. Our products enhance safety, improve productivity and reduce maintenance costs for customers, and 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 50 countries and our products can be found in more than 100 countries throughout the world. In 2019, about 60% of the Company’s net sales came from customers outside the U.S.
CY2019Q4 us-gaap Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
50 country
CY2019 wab Number Of Countries Where Product Found
NumberOfCountriesWhereProductFound
100 country
CY2019 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
19900000 USD
CY2018 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
16900000 USD
CY2019Q4 us-gaap Equity Method Investments
EquityMethodInvestments
95200000 USD
CY2018Q4 us-gaap Equity Method Investments
EquityMethodInvestments
30800000 USD
CY2019 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
105500000 USD
CY2018 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
58000000.0 USD
CY2017 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
50400000 USD
CY2019Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
267700000 USD
CY2018Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
153700000 USD
CY2019 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-13500000 USD
CY2018 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-5700000 USD
CY2017 us-gaap Foreign Currency Transaction Gain Loss Realized
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-6600000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net Noncurrent
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109400000 USD
CY2019Q4 us-gaap Contract With Customer Liability Noncurrent
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77000000.0 USD
CY2019Q4 us-gaap Provision For Loss On Contracts
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118500000 USD
CY2018Q4 us-gaap Provision For Loss On Contracts
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71200000 USD
CY2019Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
21300000000 USD
CY2019Q4 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.25
CY2019Q4 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2017 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
95200000 USD
CY2019Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
714000000.0 USD
CY2018Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
354200000 USD
CY2019Q4 us-gaap Preproduction Costs Related To Long Term Supply Arrangements Costs Capitalized
PreproductionCostsRelatedToLongTermSupplyArrangementsCostsCapitalized
88000000.0 USD
CY2018Q4 us-gaap Preproduction Costs Related To Long Term Supply Arrangements Costs Capitalized
PreproductionCostsRelatedToLongTermSupplyArrangementsCostsCapitalized
16400000 USD
CY2019 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
The Company’s trade receivables are primarily from rail and transit industry original equipment manufacturers, Class I railroads, railroad carriers and commercial companies that utilize rail cars in their operations, such as utility and chemical companies. No one customer accounted for more than 10% of the Company’s consolidated net sales in 2019, 2018 or 2017.
CY2019 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
209900000 USD
CY2018 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
87500000 USD
CY2019 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
Certain prior year amounts have been reclassified, where necessary, to conform to the current year presentation. Refer to Recently Adopted Accounting Pronouncements below.
CY2019 us-gaap Use Of Estimates
UseOfEstimates
The preparation of financial statements in conformity with generally accepted accounting principles 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 materially 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.
CY2019 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
8675600000 USD
CY2018 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
8030500000 USD
CY2019 wab Business Acquisition Pro Forma Gross Profit
BusinessAcquisitionProFormaGrossProfit
2528300000 USD
CY2018 wab Business Acquisition Pro Forma Gross Profit
BusinessAcquisitionProFormaGrossProfit
2102800000 USD
CY2019 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
485100000 USD
CY2018 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
234800000 USD
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.84
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.05
CY2019 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
2.53
CY2018 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
1.22
CY2019 us-gaap Interest Paid Net
InterestPaidNet
193100000 USD
CY2018 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
32900000 USD
CY2017 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
207800000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
81800000 USD
CY2017 us-gaap Interest Paid Net
InterestPaidNet
75300000 USD
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
99500000 USD
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
83900000 USD
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
89400000 USD
CY2019 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
12612900000 USD
CY2018 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
91800000 USD
CY2017 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
452200000 USD
CY2019 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
2466300000 USD
CY2019 wab Noncontrolling Interest Assumed
NoncontrollingInterestAssumed
30900000 USD
CY2018 wab Noncontrolling Interest Assumed
NoncontrollingInterestAssumed
0 USD
CY2017 wab Noncontrolling Interest Assumed
NoncontrollingInterestAssumed
-761800000 USD
CY2019 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
10115700000 USD
CY2018 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
58900000 USD
CY2017 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
1006200000 USD
CY2019 us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
179600000 USD
CY2018 us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
7700000 USD
CY2017 us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
35400000 USD
CY2019 us-gaap Business Combination Consideration Transferred Equity Interests Issued And Issuable
BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable
6939700000 USD
CY2018 us-gaap Business Combination Consideration Transferred Equity Interests Issued And Issuable
BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable
0 USD
CY2017 us-gaap Business Combination Consideration Transferred Equity Interests Issued And Issuable
BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable
25500000 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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2996400000 USD
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
51200000 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
945300000 USD
CY2019Q4 us-gaap Inventory Raw Materials Net Of Reserves
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786400000 USD
CY2018Q4 us-gaap Inventory Raw Materials Net Of Reserves
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465900000 USD
CY2019Q4 us-gaap Inventory Work In Process Net Of Reserves
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374000000.0 USD
CY2018Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
154500000 USD
CY2019Q4 us-gaap Inventory Finished Goods Net Of Reserves
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612700000 USD
CY2018Q4 us-gaap Inventory Finished Goods Net Of Reserves
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224500000 USD
CY2019Q4 us-gaap Inventory Net
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1773100000 USD
CY2018Q4 us-gaap Inventory Net
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844900000 USD
CY2019Q4 us-gaap Machinery And Equipment Gross
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1363800000 USD
CY2018Q4 us-gaap Machinery And Equipment Gross
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749800000 USD
CY2019Q4 us-gaap Buildings And Improvements Gross
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774200000 USD
CY2018Q4 us-gaap Buildings And Improvements Gross
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248100000 USD
CY2019Q4 us-gaap Land And Land Improvements
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78000000.0 USD
CY2018Q4 us-gaap Land And Land Improvements
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38700000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
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2216000000.0 USD
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1036600000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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560200000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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472800000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
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1655800000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
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563800000 USD
CY2019 us-gaap Depreciation
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157800000 USD
CY2018 us-gaap Depreciation
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66400000 USD
CY2017 us-gaap Depreciation
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66700000 USD
CY2018Q4 us-gaap Goodwill
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2396500000 USD
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6001500000 USD
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-37400000 USD
CY2019Q4 us-gaap Goodwill
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8360600000 USD
CY2019Q4 us-gaap Indefinite Lived Trade Names
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623100000 USD
CY2018Q4 us-gaap Indefinite Lived Trade Names
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582800000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
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3480900000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
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547100000 USD
CY2019 us-gaap Amortization Of Intangible Assets
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238400000 USD
CY2018 us-gaap Amortization Of Intangible Assets
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39800000 USD
CY2017 us-gaap Amortization Of Intangible Assets
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36500000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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278700000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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277700000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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277300000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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276800000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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267300000 USD
CY2018Q4 us-gaap Contract With Customer Asset Net
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345600000 USD
CY2017Q4 us-gaap Contract With Customer Asset Net
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366200000 USD
CY2019 us-gaap Contract With Customer Asset Increase Decrease For Contract Acquired In Business Combination
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237500000 USD
CY2018 us-gaap Contract With Customer Asset Increase Decrease For Contract Acquired In Business Combination
ContractWithCustomerAssetIncreaseDecreaseForContractAcquiredInBusinessCombination
0.0 USD
CY2019 wab Contract With Customer Asset New Contract Additions
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619300000 USD
CY2018 wab Contract With Customer Asset New Contract Additions
ContractWithCustomerAssetNewContractAdditions
426800000 USD
CY2019 us-gaap Contract With Customer Asset Reclassified To Receivable
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578600000 USD
CY2018 us-gaap Contract With Customer Asset Reclassified To Receivable
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432300000 USD
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ContractWithCustomerAssetIncreaseDecreaseForeignCurrencyTranslationAdjustment
-400000 USD
CY2018 wab Contract With Customer Asset Increase Decrease Foreign Currency Translation Adjustment
ContractWithCustomerAssetIncreaseDecreaseForeignCurrencyTranslationAdjustment
-15100000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
623400000 USD
CY2018Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
345600000 USD
CY2018Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
444800000 USD
CY2017Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
463700000 USD
CY2019 us-gaap Contract With Customer Liability Increase Decrease For Contract Acquired In Business Combination
ContractWithCustomerLiabilityIncreaseDecreaseForContractAcquiredInBusinessCombination
333900000 USD
CY2018 us-gaap Contract With Customer Liability Increase Decrease For Contract Acquired In Business Combination
ContractWithCustomerLiabilityIncreaseDecreaseForContractAcquiredInBusinessCombination
0.0 USD
CY2019 wab Contract With Customer Liability New Contract Additions
ContractWithCustomerLiabilityNewContractAdditions
917500000 USD
CY2018 wab Contract With Customer Liability New Contract Additions
ContractWithCustomerLiabilityNewContractAdditions
230100000 USD
CY2019 us-gaap Contract With Customer Liability Revenue Recognized
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410600000 USD
CY2018 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
199700000 USD
CY2019 wab Contractwith Customer Liability Revenue Recognizedfrom Current Year Additions
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483500000 USD
CY2019Q4 us-gaap Long Term Debt
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4429300000 USD
CY2018 wab Contractwith Customer Liability Revenue Recognizedfrom Current Year Additions
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30900000 USD
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ContractwithCustomerLiabilityIncreaseDecreaseForeignCurrencyTranslationAdjustment
-2400000 USD
CY2018 wab Contractwith Customer Liability Increase Decrease Foreign Currency Translation Adjustment
ContractwithCustomerLiabilityIncreaseDecreaseForeignCurrencyTranslationAdjustment
-18400000 USD
CY2019Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
799700000 USD
CY2018Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
444800000 USD
CY2018Q4 us-gaap Long Term Debt
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3856900000 USD
CY2019Q4 us-gaap Long Term Debt Current
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95700000 USD
CY2018Q4 us-gaap Long Term Debt Current
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64100000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
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4333600000 USD
CY2018Q4 us-gaap Long Term Debt Noncurrent
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3792800000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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95700000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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809800000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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300000000.0 USD
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26500000 USD
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479000000.0 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
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755500000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
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1989300000 USD
CY2019Q4 us-gaap Long Term Debt
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4429300000 USD
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21300000 USD
CY2019Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
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1200000000.0 USD
CY2019Q4 us-gaap Line Of Credit
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232000000.0 USD
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938000000.0 USD
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304100000 USD
CY2018Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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271500000 USD
CY2019 wab Multiemployer Plan Cost
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900000 USD
CY2018 wab Multiemployer Plan Cost
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1000000.0 USD
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1500000 USD
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55700000 USD
CY2018 us-gaap Defined Contribution Plan Cost Recognized
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27900000 USD
CY2017 us-gaap Defined Contribution Plan Cost Recognized
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23200000 USD
CY2019 wab Costs Recognized Under Defined Contribution Plans And Multiemployer Pension Plans
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56600000 USD
CY2018 wab Costs Recognized Under Defined Contribution Plans And Multiemployer Pension Plans
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28800000 USD
CY2017 wab Costs Recognized Under Defined Contribution Plans And Multiemployer Pension Plans
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24700000 USD
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431744 shares
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33600000 USD
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442239 shares
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31100000 USD
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881000 USD
CY2018 us-gaap Multiemployer Plan Contributions By Employer
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965000 USD
CY2017 us-gaap Multiemployer Plan Contributions By Employer
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1020000 USD
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0.05
CY2017 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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4300000 USD
CY2017 us-gaap Tax Cuts And Jobs Act Of2017 Incomplete Accounting Provisional Income Tax Expense Benefit
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55000000.0 USD
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-50700000 USD
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27200000 USD
CY2017 wab Effective Tax Rate Reconciliation French Finance Act Of2018 Expense Benefit
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-22900000 USD
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-24600000 USD
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-5100000 USD
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51800000 USD
CY2018 wab Tax Cutsand Jobs Act Transition Taxfor Accumulated Foreign Earnings Income Tax Expense Benefit
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-14400000 USD
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117900000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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145100000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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140300000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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328900000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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222500000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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211800000 USD
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446800000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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367600000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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352100000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
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5700000 USD
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6900000 USD
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86200000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
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500000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
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5800000 USD
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3600000 USD
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141400000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
68500000 USD
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CurrentForeignTaxExpenseBenefit
67400000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
147600000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
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81200000 USD
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157200000 USD
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19800000 USD
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4700000 USD
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2900000 USD
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1300000 USD
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CY2019 us-gaap Deferred Income Tax Expense Benefit
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DeferredIncomeTaxExpenseBenefit
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CY2019 us-gaap Income Tax Expense Benefit
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120300000 USD
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75900000 USD
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89800000 USD
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0.210
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.210
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0.350
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0.007
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0.016
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0.004
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0.032
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0.007
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-0.083
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0.017
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0.011
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0.008
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0
CY2018 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
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0
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0.011
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0
CY2018 wab Effective Income Tax Rate Reconciliation France Income Tax Rate Differential
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0
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-0.065
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0
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0.020
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0.156
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0.010
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0
CY2017 wab Effective Income Tax Rate Reconciliation Acquisitionof Business Percent
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0
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0.007
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0.004
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35800000 USD
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9800000 USD
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63100000 USD
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13800000 USD
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46600000 USD
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25900000 USD
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32300000 USD
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28100000 USD
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19500000 USD
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25800000 USD
CY2018Q4 us-gaap Deferred Tax Assets Inventory
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16800000 USD
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
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95600000 USD
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85100000 USD
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18800000 USD
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19200000 USD
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346100000 USD
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190100000 USD
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58000000.0 USD
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41700000 USD
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288100000 USD
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148400000 USD
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42700000 USD
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35500000 USD
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63100000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
235600000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
287400000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
341400000 USD
CY2018Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
322900000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
53300000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
174500000 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
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58000000.0 USD
CY2019Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
390500000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
17200000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
17200000 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
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
9500000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
6900000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
8400000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
9700000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
5400000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
2500000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
4000000.0 USD
CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
2000000.0 USD
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
2800000 USD
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
0 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
17200000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
9500000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
6900000 USD
CY2019Q4 us-gaap Income Tax Examination Interest Accrued
IncomeTaxExaminationInterestAccrued
4000000.0 USD
CY2018Q4 us-gaap Income Tax Examination Interest Accrued
IncomeTaxExaminationInterestAccrued
900000 USD
CY2019Q4 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
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7600000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
326700000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
294900000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
262300000 USD
CY2019 us-gaap Dividends Cash
DividendsCash
80300000 USD
CY2018 us-gaap Dividends Cash
DividendsCash
46300000 USD
CY2017 us-gaap Dividends Cash
DividendsCash
42200000 USD
CY2019 us-gaap Undistributed Earnings
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246400000 USD
CY2018 us-gaap Undistributed Earnings
UndistributedEarnings
248600000 USD
CY2017 us-gaap Undistributed Earnings
UndistributedEarnings
220100000 USD
CY2019 wab Percentage Of Net Income Allocated To Common Shareholders
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0.997
CY2018 wab Percentage Of Net Income Allocated To Common Shareholders
PercentageOfNetIncomeAllocatedToCommonShareholders
0.997
CY2017 wab Percentage Of Net Income Allocated To Common Shareholders
PercentageOfNetIncomeAllocatedToCommonShareholders
0.997
CY2019 wab Undistributed Earnings Allocated To Common Shareholders
UndistributedEarningsAllocatedToCommonShareholders
245700000 USD
CY2018 wab Undistributed Earnings Allocated To Common Shareholders
UndistributedEarningsAllocatedToCommonShareholders
247900000 USD
CY2017 wab Undistributed Earnings Allocated To Common Shareholders
UndistributedEarningsAllocatedToCommonShareholders
219400000 USD
CY2019 wab Dividends Declared Common Shares
DividendsDeclaredCommonShares
80000000.0 USD
CY2018 wab Dividends Declared Common Shares
DividendsDeclaredCommonShares
46300000 USD
CY2017 wab Dividends Declared Common Shares
DividendsDeclaredCommonShares
42200000 USD
CY2019 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
400000 USD
CY2018 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
0 USD
CY2017 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
0 USD
CY2019 wab Numerator For Basic And Diluted Earnings Per Common Share
NumeratorForBasicAndDilutedEarningsPerCommonShare
325300000 USD
CY2018 wab Numerator For Basic And Diluted Earnings Per Common Share
NumeratorForBasicAndDilutedEarningsPerCommonShare
294200000 USD
CY2017 wab Numerator For Basic And Diluted Earnings Per Common Share
NumeratorForBasicAndDilutedEarningsPerCommonShare
261600000 USD
CY2019 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
400000 USD
CY2018 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
0 USD
CY2017 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
0 USD
CY2019 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
325700000 USD
CY2018 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
294200000 USD
CY2017 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
261600000 USD
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
170500000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
96000000.0 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
95500000 shares
CY2019 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
6400000 shares
CY2018 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
CY2017 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
400000 shares
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
500000 shares
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
600000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
177300000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
96500000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
96100000 shares
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.91
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.06
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.74
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.84
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.05
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.72
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
170500000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
96000000.0 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
95500000 shares
CY2019 wab Basic Weighted Average Common Shares Outstanding And Non Vested Restricted Stock Expected To Vest
BasicWeightedAverageCommonSharesOutstandingAndNonVestedRestrictedStockExpectedToVest
171000000.0 shares
CY2018 wab Basic Weighted Average Common Shares Outstanding And Non Vested Restricted Stock Expected To Vest
BasicWeightedAverageCommonSharesOutstandingAndNonVestedRestrictedStockExpectedToVest
96300000 shares
CY2017 wab Basic Weighted Average Common Shares Outstanding And Non Vested Restricted Stock Expected To Vest
BasicWeightedAverageCommonSharesOutstandingAndNonVestedRestrictedStockExpectedToVest
95700000 shares
CY2019 wab Percentage Of Net Income Allocated To Common Shareholders
PercentageOfNetIncomeAllocatedToCommonShareholders
0.997
CY2018 wab Percentage Of Net Income Allocated To Common Shareholders
PercentageOfNetIncomeAllocatedToCommonShareholders
0.997
CY2017 wab Percentage Of Net Income Allocated To Common Shareholders
PercentageOfNetIncomeAllocatedToCommonShareholders
0.997
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
312000 shares
CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
135000 shares
CY2017 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
24000 shares
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
50000000.0 USD
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
25300000 USD
CY2017 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
21300000 USD
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
1400000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
6300000 USD
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
8900000 USD
CY2019Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
41900000 USD
CY2019 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y4M24D
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1098823 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
35.39
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y3M18D
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
52300000 USD
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
65522 shares
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
86.91
CY2017 wab Share Based Compensation Arrangement By Share Based Payment Award Options Granted Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantedIntrinsicValue
0 USD
CY2017 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
166838 shares
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
21.37
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
10000000.0 USD
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
13995 shares
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
76.89
CY2017 wab Share Based Compensation Arrangementby Sharebased Payment Award Options Canceled Intrinsic Value
ShareBasedCompensationArrangementbySharebasedPaymentAwardOptionsCanceledIntrinsicValue
100000 USD
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
983512 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
32.52
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
40100000 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
82580 shares
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
77.54
CY2018 wab Share Based Compensation Arrangement By Share Based Payment Award Options Granted Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantedIntrinsicValue
0 USD
CY2018 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
582303 shares
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
28.29
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
24400000 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
17112 shares
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
69.76
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
4300000 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 wab Share Based Compensation Arrangementby Sharebased Payment Award Options Canceled Intrinsic Value
ShareBasedCompensationArrangementbySharebasedPaymentAwardOptionsCanceledIntrinsicValue
0 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
134450 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
70.44
CY2019 wab Share Based Compensation Arrangement By Share Based Payment Award Options Granted Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantedIntrinsicValue
1000000.0 USD
CY2019 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
4868 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
22.45
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
300000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
8235 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
73.00
CY2019 wab Share Based Compensation Arrangementby Sharebased Payment Award Options Canceled Intrinsic Value
ShareBasedCompensationArrangementbySharebasedPaymentAwardOptionsCanceledIntrinsicValue
0 USD
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
588024 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
63.36
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y8M12D
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
8500000 USD
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
383150 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
55.25
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y8M12D
CY2019Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
8600000 USD
CY2019Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
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588024 shares
CY2019Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
63.36
CY2019Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
383150 shares
CY2019Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
55.25
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0066
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0031
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0023
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.026
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.028
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.022
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.258
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.239
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.234
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
19.54
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
20.59
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
20.69
CY2019 wab Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Expected Life
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateExpectedLife
P7Y
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
72.18
CY2017 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
86.66
CY2017 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
70.34
CY2017 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
73.69
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
76.61
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
78.76
CY2018 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
73.76
CY2018 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
81.55
CY2018 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
74.62
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
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78.60
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
CY2019 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
70.61
CY2019 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
71.65
CY2019 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
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78.04
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
74.04
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
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73.64
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500000 USD
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55600000 USD
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54300000 USD
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53900000 USD
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200000 USD
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45500000 USD
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38100000 USD
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200000 USD
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38300000 USD
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33400000 USD
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200000 USD
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33600000 USD
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200000 USD
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303200000 USD
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CY2019Q4 wab Lessee Operating And Finance Lease Liability Payments Due
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304500000 USD
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30100000 USD
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30100000 USD
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274400000 USD
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153700000 USD
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153000000.0 USD
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127800000 USD
CY2018 us-gaap Product Warranty Accrual Additions From Business Acquisition
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3100000 USD
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105500000 USD
CY2018 us-gaap Product Warranty Accrual Warranties Issued
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58000000.0 USD
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54100000 USD
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1300000 USD
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6300000 USD
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267700000 USD
CY2018Q4 us-gaap Product Warranty Accrual
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153700000 USD
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0 shares
CY2019Q4 us-gaap Preferred Stock Shares Outstanding
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0 shares
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8200000000.0 USD
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446800000 USD
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3881700000 USD
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352100000 USD
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103200000 USD
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8200000000.0 USD
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512500000 USD
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604200000 USD
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0 USD
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233400000 USD
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2342300000 USD
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32300000 USD
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RevenueFromContractWithCustomerExcludingAssessedTax
2236300000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2001700000 USD
CY2019Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2368400000 USD
CY2019Q1 us-gaap Gross Profit
GrossProfit
389000000.0 USD
CY2019Q2 us-gaap Gross Profit
GrossProfit
614700000 USD
CY2019Q3 us-gaap Gross Profit
GrossProfit
599400000 USD
CY2019Q4 us-gaap Gross Profit
GrossProfit
674900000 USD
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
67300000 USD
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
200600000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
169100000 USD
CY2019Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
226100000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
-4200000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
104100000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
91100000 USD
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
135700000 USD
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.58
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.48
CY2019Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.71
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.54
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.48
CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.71
CY2018Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1056200000 USD
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1111700000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1077800000 USD
CY2018Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1117800000 USD
CY2018Q1 us-gaap Gross Profit
GrossProfit
310900000 USD
CY2018Q2 us-gaap Gross Profit
GrossProfit
324000000.0 USD
CY2018Q3 us-gaap Gross Profit
GrossProfit
302000000.0 USD
CY2018Q4 us-gaap Gross Profit
GrossProfit
297000000.0 USD
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
131300000 USD
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
123500000 USD
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
125200000 USD
CY2018Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
93400000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
88400000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
84400000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
87700000 USD
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
34400000 USD
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.92
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.88
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.91
CY2018Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.36
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.92
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.87
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.91
CY2018Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.36

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