10-K Filing

GENUINE PARTS CO CIK: 40987 FY 2017

Filing Information

Form Type	10-K
Accession Number	`0000040987-18-000002`
Period End Date	20171231
Filing Date	20180227
Fiscal Year	2017
Fiscal Period	FY
XBRL Instance	gpc-20171231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 96 Income Statement 76 Cash Flow Statement 102 Stockholders Equity 36 Comprehensive Income 4

Balance Sheet 96 line items

Line Item	Tag	Value	Unit	Period
Accumulated depreciation, buildings	`AccumulatedDepreciationOnBuilding`	$292.05M	USD	Point-in-time
Accumulated depreciation, buildings	`AccumulatedDepreciationOnBuilding`	$317.78M	USD	Point-in-time
Accumulated depreciation, machinery and equipment	`AccumulatedDepreciationOnMachineryAndEquipment`	$668.95M	USD	Point-in-time
Accumulated depreciation, machinery and equipment	`AccumulatedDepreciationOnMachineryAndEquipment`	$726.58M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$242.88M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$211.63M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$314.90M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$137.73M	USD	Point-in-time
Trade accounts receivable, net	`AccountsNotesAndLoansReceivableNetCurrent`	$1.94B	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Trade accounts receivable, net	`AccountsNotesAndLoansReceivableNetCurrent`	$2.42B	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Merchandise inventories, net	`InventoryNet`	$3.77B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Merchandise inventories, net	`InventoryNet`	$3.21B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$556.67M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$805.34M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	450.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	450.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$5.95B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$7.31B	USD	Point-in-time
Goodwill	`Goodwill`	$840.58M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	146.65M	shares	Point-in-time
Goodwill	`Goodwill`	$2.15B	USD	Point-in-time
Goodwill	`Goodwill`	$956.15M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	148.41M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	148.41M	shares	Point-in-time
Other intangible assets, less accumulated amortization	`FiniteLivedIntangibleAssetsNet`	$618.51M	USD	Point-in-time
Other intangible assets, less accumulated amortization	`FiniteLivedIntangibleAssetsNet`	$1.40B	USD	Point-in-time
Other intangible assets, less accumulated amortization	`FiniteLivedIntangibleAssetsNet`	$521.21M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	146.65M	shares	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$40.16M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$132.65M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$568.25M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$475.53M	USD	Point-in-time
Land	`Land`	$104.05M	USD	Point-in-time
Land	`Land`	$92.05M	USD	Point-in-time
Buildings, less accumulated depreciation (2017- $317,777; 2016 - $292,049)	`BuildingsLessAllowanceForDepreciation`	$371.61M	USD	Point-in-time
Buildings, less accumulated depreciation (2017- $317,777; 2016 - $292,049)	`BuildingsLessAllowanceForDepreciation`	$314.27M	USD	Point-in-time
Machinery and equipment, less accumulated depreciation (2017-$726,576; 2016-$668,950)	`MachineryAndEquipmentLessAllowanceForDepreciation`	$461.04M	USD	Point-in-time
Machinery and equipment, less accumulated depreciation (2017-$726,576; 2016-$668,950)	`MachineryAndEquipmentLessAllowanceForDepreciation`	$321.81M	USD	Point-in-time
Net property, plant, and equipment	`PropertyPlantAndEquipmentNet`	$936.70M	USD	Point-in-time
Net property, plant, and equipment	`PropertyPlantAndEquipmentNet`	$648.22M	USD	Point-in-time
Net property, plant, and equipment	`PropertyPlantAndEquipmentNet`	$728.12M	USD	Point-in-time
Net property, plant, and equipment	`PropertyPlantAndEquipmentNet`	$670.10M	USD	Point-in-time
Net property, plant, and equipment	`PropertyPlantAndEquipmentNet`	$670.06M	USD	Point-in-time
Total assets	`Assets`	$8.86B	USD	Point-in-time
Total assets	`Assets`	$8.14B	USD	Point-in-time
Total assets	`Assets`	$7.68B	USD	Point-in-time
Total assets	`Assets`	$12.41B	USD	Point-in-time
Total assets	`Assets`	$8.25B	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$3.63B	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$3.08B	USD	Point-in-time
Current portion of debt	`LongTermDebtCurrent`	$694.99M	USD	Point-in-time
Current portion of debt	`LongTermDebtCurrent`	$325.00M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$142.94M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$198.05M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$597.51M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$847.13M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$99.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$97.58M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.24B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.47B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.55B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$550.00M	USD	Point-in-time
Pension and other post-retirement benefit liabilities	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$341.51M	USD	Point-in-time
Pension and other post-retirement benefit liabilities	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$229.87M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$48.33M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$193.31M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$501.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$468.06M	USD	Point-in-time
Preferred stock, par value $1 per share authorized 10,000,000 shares; none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, par value $1 per share authorized 10,000,000 shares; none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, par value $1 per share - authorized 450,000,000 shares; issued and outstanding - 2017 - 146,652,615 shares and 2016 - 148,410,422 shares	`CommonStockValue`	$146.65M	USD	Point-in-time
Common stock, par value $1 per share - authorized 450,000,000 shares; issued and outstanding - 2017 - 146,652,615 shares and 2016 - 148,410,422 shares	`CommonStockValue`	$148.41M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$68.13M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$56.60M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.01B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-852.59M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.00B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.05B	USD	Point-in-time
Total parent equity	`StockholdersEquity`	$3.19B	USD	Point-in-time
Total parent equity	`StockholdersEquity`	$3.41B	USD	Point-in-time
Noncontrolling interests in subsidiaries	`MinorityInterest`	$52.00M	USD	Point-in-time
Noncontrolling interests in subsidiaries	`MinorityInterest`	$13.63M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.31B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.21B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.46B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.16B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$8.86B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$12.41B	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueGoodsNet`	$14.08B	USD	Annual
Net sales	`SalesRevenueGoodsNet`	$15.34B	USD	Annual
Net sales	`SalesRevenueGoodsNet`	$15.34B	USD	Annual
Net sales	`SalesRevenueGoodsNet`	$16.31B	USD	Annual
Net sales	`SalesRevenueGoodsNet`	$15.28B	USD	Annual
Cost of goods sold	`CostOfGoodsSold`	$10.74B	USD	Annual
Cost of goods sold	`CostOfGoodsSold`	$10.72B	USD	Annual
Cost of goods sold	`CostOfGoodsSold`	$11.40B	USD	Annual
Gross margin	`GrossProfit`	$4.60B	USD	Annual
Gross margin	`GrossProfit`	$4.91B	USD	Annual
Gross margin	`GrossProfit`	$4.56B	USD	Annual
Selling, administrative, and other expenses	`SellingGeneralAndAdministrativeExpense`	$3.71B	USD	Annual
Selling, administrative, and other expenses	`SellingGeneralAndAdministrativeExpense`	$3.37B	USD	Annual
Selling, administrative, and other expenses	`SellingGeneralAndAdministrativeExpense`	$3.28B	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$141.68M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$148.31M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$147.49M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$133.96M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$167.69M	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$12.37M	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$11.52M	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$13.93M	USD	Annual
Total operating expenses	`OperatingExpenses`	$3.53B	USD	Annual
Total operating expenses	`OperatingExpenses`	$3.89B	USD	Annual
Total operating expenses	`OperatingExpenses`	$3.43B	USD	Annual
Interest expense	`InterestExpense`	$41.49M	USD	Annual
Interest expense	`InterestExpense`	$21.08M	USD	Annual
Interest expense	`InterestExpense`	$21.66M	USD	Annual
Other	`OtherNonoperatingIncomeExpense`	$20.93M	USD	Annual
Other	`OtherNonoperatingIncomeExpense`	$31.11M	USD	Annual
Other	`OtherNonoperatingIncomeExpense`	$25.65M	USD	Annual
Total non-operating expenses (income)	`NonoperatingIncomeExpense`	$-733.00K	USD	Annual
Total non-operating expenses (income)	`NonoperatingIncomeExpense`	$4.57M	USD	Annual
Total non-operating expenses (income)	`NonoperatingIncomeExpense`	$-10.37M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.12B	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.04B	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.12B	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.07B	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.01B	USD	Annual
Income taxes	`IncomeTaxExpenseBenefit`	$418.01M	USD	Annual
Income taxes	`IncomeTaxExpenseBenefit`	$387.10M	USD	Annual
Income taxes	`IncomeTaxExpenseBenefit`	$392.51M	USD	Annual
Basic net income per common share (in dollars per share)	`EarningsPerShareBasic`	$4.65	USD	Annual
Basic net income per common share (in dollars per share)	`EarningsPerShareBasic`	$4.61	USD	Annual
Basic net income per common share (in dollars per share)	`EarningsPerShareBasic`	$4.19	USD	Annual
Diluted net income per common share (in dollars per share)	`EarningsPerShareDiluted`	$4.63	USD	Annual
Diluted net income per common share (in dollars per share)	`EarningsPerShareDiluted`	$4.18	USD	Annual
Diluted net income per common share (in dollars per share)	`EarningsPerShareDiluted`	$4.59	USD	Annual
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	149.05M	shares	Annual
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	147.14M	shares	Annual
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	151.67M	shares	Annual
Dilutive effect of stock options and nonvested restricted stock awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	753,000.00	shares	Annual
Dilutive effect of stock options and nonvested restricted stock awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	561,000.00	shares	Annual
Dilutive effect of stock options and nonvested restricted stock awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	829,000.00	shares	Annual
Weighted average common shares outstanding assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	149.80M	shares	Annual
Weighted average common shares outstanding assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	147.70M	shares	Annual
Weighted average common shares outstanding assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	152.50M	shares	Annual
Net income	`NetIncomeLoss`	$687.24M	USD	Annual
Net income	`NetIncomeLoss`	$616.76M	USD	Annual
Net income	`NetIncomeLoss`	$705.67M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-207.99M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$137.69M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-8.96M	USD	Annual
Net investment hedge, net of income taxes of 2017 $9,711	`TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax`	$-17.39M	USD	1 Quarter
Net investment hedge, net of income taxes of 2017 $9,711	`TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax`	-	USD	Annual
Net investment hedge, net of income taxes of 2017 $9,711	`TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax`	$-17.39M	USD	Annual
Net investment hedge, net of income taxes of 2017 $9,711	`TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax`	-	USD	Annual
Pension and postretirement benefit adjustments, net of income taxes of 2017 ($20,539); 2016 $50,144; 2015 $5,335	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$2.42M	USD	Annual
Pension and postretirement benefit adjustments, net of income taxes of 2017 ($20,539); 2016 $50,144; 2015 $5,335	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$73.45M	USD	Annual
Pension and postretirement benefit adjustments, net of income taxes of 2017 ($20,539); 2016 $50,144; 2015 $5,335	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-40.12M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-82.40M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$160.43M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-210.41M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$777.19M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$495.26M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$604.84M	USD	Annual

Cash Flow Statement 102 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$687.24M	USD	Annual
Net income	`NetIncomeLoss`	$616.76M	USD	Annual
Net income	`NetIncomeLoss`	$705.67M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$141.68M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$148.31M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$147.49M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$133.96M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$167.69M	USD	Annual
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$7.02M	USD	Annual
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$12.02M	USD	Annual
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$3.13M	USD	Annual
Gain on sale of property, plant, and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$15.24M	USD	Annual
Gain on sale of property, plant, and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$3.19M	USD	Annual
Gain on sale of property, plant, and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$3.99M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$35.54M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$33.23M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$65.99M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$19.72M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$17.72M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$16.89M	USD	Annual
Foreign exchange gain	`ForeignCurrencyTransactionGainLossBeforeTax`	-	USD	Annual
Foreign exchange gain	`ForeignCurrencyTransactionGainLossBeforeTax`	-	USD	Annual
Foreign exchange gain	`ForeignCurrencyTransactionGainLossBeforeTax`	$14.05M	USD	Annual
Trade accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$19.27M	USD	Annual
Trade accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-1.97M	USD	Annual
Trade accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$53.54M	USD	Annual
Merchandise inventories, net	`IncreaseDecreaseInInventories`	$64.21M	USD	Annual
Merchandise inventories, net	`IncreaseDecreaseInInventories`	$9.92M	USD	Annual
Merchandise inventories, net	`IncreaseDecreaseInInventories`	$21.82M	USD	Annual
Trade accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$240.72M	USD	Annual
Trade accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$331.42M	USD	Annual
Trade accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$61.47M	USD	Annual
Other short-term assets and liabilities	`IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet`	$-37.27M	USD	Annual
Other short-term assets and liabilities	`IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet`	$-967.00K	USD	Annual
Other short-term assets and liabilities	`IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet`	$1.54M	USD	Annual
Other long-term assets and liabilities	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$61.85M	USD	Annual
Other long-term assets and liabilities	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$74.57M	USD	Annual
Other long-term assets and liabilities	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$43.56M	USD	Annual
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$-453.70M	USD	Annual
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$-258.84M	USD	Annual
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$-198.29M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$946.08M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$1.16B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$815.04M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$109.54M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$160.64M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$124.06M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$107.68M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$156.76M	USD	Annual
Proceeds from sale of property, plant, and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$21.27M	USD	Annual
Proceeds from sale of property, plant, and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$28.81M	USD	Annual
Proceeds from sale of property, plant, and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$8.62M	USD	Annual
Acquisition of businesses and other investing activities	`PaymentsToAcquireBusinessesAndInterestInAffiliates`	$462.17M	USD	Annual
Acquisition of businesses and other investing activities	`PaymentsToAcquireBusinessesAndInterestInAffiliates`	$162.70M	USD	Annual
Acquisition of businesses and other investing activities	`PaymentsToAcquireBusinessesAndInterestInAffiliates`	$1.49B	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-594.00M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-1.63B	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-263.63M	USD	Annual
Proceeds from debt	`ProceedsFromIssuanceOfDebt`	$4.35B	USD	Annual
Proceeds from debt	`ProceedsFromIssuanceOfDebt`	$3.86B	USD	Annual
Proceeds from debt	`ProceedsFromIssuanceOfDebt`	$6.63B	USD	Annual
Payments on debt	`RepaymentsOfDebt`	$4.35B	USD	Annual
Payments on debt	`RepaymentsOfDebt`	$4.10B	USD	Annual
Payments on debt	`RepaymentsOfDebt`	$4.01B	USD	Annual
Payments on acquired debt	`RepaymentsOfAssumedDebt`	-	USD	Annual
Payments on acquired debt	`RepaymentsOfAssumedDebt`	-	USD	Annual
Payments on acquired debt	`RepaymentsOfAssumedDebt`	$833.77M	USD	Annual
Share-based awards exercised, net of taxes paid	`PaymentsForShareBasedAwardsExercisedNetOfTaxesPaid`	$5.24M	USD	Annual
Share-based awards exercised, net of taxes paid	`PaymentsForShareBasedAwardsExercisedNetOfTaxesPaid`	$16.15M	USD	Annual
Share-based awards exercised, net of taxes paid	`PaymentsForShareBasedAwardsExercisedNetOfTaxesPaid`	$9.57M	USD	Annual
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$12.02M	USD	Annual
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	-	USD	Annual
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$7.02M	USD	Annual
Dividends paid	`PaymentsOfDividends`	$395.48M	USD	Annual
Dividends paid	`PaymentsOfDividends`	$368.28M	USD	Annual
Dividends paid	`PaymentsOfDividends`	$386.86M	USD	Annual
Purchase of stock	`PaymentsForRepurchaseOfCommonStock`	$173.52M	USD	Annual
Purchase of stock	`PaymentsForRepurchaseOfCommonStock`	$292.27M	USD	Annual
Purchase of stock	`PaymentsForRepurchaseOfCommonStock`	$181.42M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$872.06M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-322.41M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-806.07M	USD	Annual
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-15.77M	USD	Annual
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.57M	USD	Annual
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$15.20M	USD	Annual
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$31.25M	USD	Annual
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$72.02M	USD	Annual
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$73.90M	USD	Annual
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$242.88M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$211.63M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$314.90M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$137.73M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$242.88M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$211.63M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$314.90M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$137.73M	USD	Point-in-time
Income taxes	`IncomeTaxesPaid`	$352.15M	USD	Annual
Income taxes	`IncomeTaxesPaid`	$298.83M	USD	Annual
Income taxes	`IncomeTaxesPaid`	$374.87M	USD	Annual
Interest	`InterestPaid`	$19.04M	USD	Annual
Interest	`InterestPaid`	$38.40M	USD	Annual
Interest	`InterestPaid`	$23.69M	USD	Annual

Stockholders Equity 36 line items

Line Item	Tag	Value	Unit	Period
Cash dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$2.46	USD	Annual
Cash dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$2.63	USD	Annual
Cash dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$2.70	USD	Annual
Tax benefit from share-based awards exercised	`DeferredTaxExpenseFromStockOptionsExercised`	$7.02M	USD	Annual
Tax benefit from share-based awards exercised	`DeferredTaxExpenseFromStockOptionsExercised`	$3.13M	USD	Annual
Tax benefit from share-based awards exercised	`DeferredTaxExpenseFromStockOptionsExercised`	$12.02M	USD	Annual
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.31B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.21B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.46B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.16B	USD	Point-in-time
Net income	`NetIncomeLoss`	$687.24M	USD	Annual
Net income	`NetIncomeLoss`	$616.76M	USD	Annual
Net income	`NetIncomeLoss`	$705.67M	USD	Annual
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-82.40M	USD	Annual
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$160.43M	USD	Annual
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-210.41M	USD	Annual
Cash dividends declared	`DividendsCommonStockCash`	$372.84M	USD	Annual
Cash dividends declared	`DividendsCommonStockCash`	$396.89M	USD	Annual
Cash dividends declared	`DividendsCommonStockCash`	$391.85M	USD	Annual
Share-based awards exercised, including tax benefit	`StockIssuedDuringPeriodValueStockOptionsExercised`	$-4.13M	USD	Annual
Share-based awards exercised, including tax benefit	`StockIssuedDuringPeriodValueStockOptionsExercised`	$-5.24M	USD	Annual
Share-based awards exercised, including tax benefit	`StockIssuedDuringPeriodValueStockOptionsExercised`	$-2.55M	USD	Annual
Share-based awards exercised, including tax benefit (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	348,000.00	shares	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.89M	USD	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.72M	USD	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$19.72M	USD	Annual
Purchase of stock	`StockRepurchasedDuringPeriodValue`	$292.27M	USD	Annual
Purchase of stock	`StockRepurchasedDuringPeriodValue`	$173.52M	USD	Annual
Purchase of stock	`StockRepurchasedDuringPeriodValue`	$181.42M	USD	Annual
Noncontrolling interest activities	`NoncontrollingInterestActivities`	$38.38M	USD	Annual
Noncontrolling interest activities	`NoncontrollingInterestActivities`	$1.56M	USD	Annual
Noncontrolling interest activities	`NoncontrollingInterestActivities`	$953.00K	USD	Annual
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.31B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.21B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.46B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.16B	USD	Point-in-time

Comprehensive Income 4 line items

Line Item	Tag	Value	Unit	Period
Net investment hedge, tax	`GainLossonDerivativeUsedinNetInvestmentHedgeTax`	$9.71M	USD	Annual
Pension and postretirement benefit adjustments, tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$50.14M	USD	Annual
Pension and postretirement benefit adjustments, tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-20.54M	USD	Annual
Pension and postretirement benefit adjustments, tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$5.33M	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.