10-Q Filing

GENUINE PARTS CO CIK: 40987 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0000040987-19-000055`
Period End Date	20190930
Filing Date	20191018
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	gpc0930201910q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 96 Cash Flow Statement 48 Stockholders Equity 48 Comprehensive Income 8

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$21.89M	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$32.37M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.34B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.21B	USD	Point-in-time
Preferred stock, par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock, par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$451.27M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$333.55M	USD	Point-in-time
Trade accounts receivable, less allowance for doubtful accounts (2019 $32,374; 2018 $21,888)	`AccountsNotesAndLoansReceivableNetCurrent`	$2.74B	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Trade accounts receivable, less allowance for doubtful accounts (2019 $32,374; 2018 $21,888)	`AccountsNotesAndLoansReceivableNetCurrent`	$2.49B	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Merchandise inventories, net	`InventoryNet`	$3.61B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Merchandise inventories, net	`InventoryNet`	$3.72B	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.15B	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.14B	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	450.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$7.58B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$8.06B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	450.00M	shares	Point-in-time
Goodwill	`Goodwill`	$2.28B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	145.29M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	145.94M	shares	Point-in-time
Goodwill	`Goodwill`	$2.13B	USD	Point-in-time
Other intangible assets, less accumulated amortization	`FiniteLivedIntangibleAssetsNet`	$1.41B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	145.94M	shares	Point-in-time
Other intangible assets, less accumulated amortization	`FiniteLivedIntangibleAssetsNet`	$1.52B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	145.29M	shares	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$29.51M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$30.30M	USD	Point-in-time
Property, plant and equipment, less accumulated depreciation (2019 $1,341,995; 2018 $1,208,694)	`PropertyPlantAndEquipmentNet`	$1.12B	USD	Point-in-time
Property, plant and equipment, less accumulated depreciation (2019 $1,341,995; 2018 $1,208,694)	`PropertyPlantAndEquipmentNet`	$1.03B	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$1.05B	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$510.19M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$455.12M	USD	Point-in-time
Total assets	`Assets`	$12.68B	USD	Point-in-time
Total assets	`Assets`	$14.51B	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$4.20B	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$4.00B	USD	Point-in-time
Current portion of debt	`LongTermDebtCurrent`	$622.13M	USD	Point-in-time
Current portion of debt	`LongTermDebtCurrent`	$711.15M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$110.78M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$105.37M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.09B	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.44B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$6.37B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.90B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.43B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.80B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$797.17M	USD	Point-in-time
Pension and other postretirement benefit liabilities	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$235.23M	USD	Point-in-time
Pension and other postretirement benefit liabilities	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$202.19M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilities`	$196.84M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilities`	$236.06M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$446.11M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$444.34M	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 2019 145,293,115 shares; 2018 145,936,613 shares	`CommonStockValue`	$145.94M	USD	Point-in-time
Common stock, par value $1 per share; authorized 450,000,000 shares; issued and outstanding 2019 145,293,115 shares; 2018 145,936,613 shares	`CommonStockValue`	$145.29M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$90.56M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$78.38M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.34B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.67B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.12B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.27B	USD	Point-in-time
Total parent equity	`StockholdersEquity`	$3.45B	USD	Point-in-time
Total parent equity	`StockholdersEquity`	$3.64B	USD	Point-in-time
Noncontrolling interests in subsidiaries	`MinorityInterest`	$22.55M	USD	Point-in-time
Noncontrolling interests in subsidiaries	`MinorityInterest`	$21.54M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.56B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.66B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.46B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.47B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.66B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.69B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$14.51B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$12.68B	USD	Point-in-time

Income Statement 96 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$14.13B	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.02B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$14.69B	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.72B	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$9.69B	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$3.24B	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$3.39B	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$9.95B	USD	3 Qtrs
Gross profit	`GrossProfit`	$1.62B	USD	1 Quarter
Gross profit	`GrossProfit`	$1.48B	USD	1 Quarter
Gross profit	`GrossProfit`	$4.44B	USD	3 Qtrs
Gross profit	`GrossProfit`	$4.73B	USD	3 Qtrs
Selling, administrative and other expenses	`SellingGeneralAndAdministrativeExpense`	$3.68B	USD	3 Qtrs
Selling, administrative and other expenses	`SellingGeneralAndAdministrativeExpense`	$3.40B	USD	3 Qtrs
Selling, administrative and other expenses	`SellingGeneralAndAdministrativeExpense`	$1.27B	USD	1 Quarter
Selling, administrative and other expenses	`SellingGeneralAndAdministrativeExpense`	$1.12B	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$61.08M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$177.90M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$68.92M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$197.05M	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$11.62M	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$11.31M	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$1.69M	USD	1 Quarter
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$4.94M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.19B	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$3.89B	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$3.59B	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$1.34B	USD	1 Quarter
Interest expense	`InterestExpense`	$73.66M	USD	3 Qtrs
Interest expense	`InterestExpense`	$26.48M	USD	1 Quarter
Interest expense	`InterestExpense`	$25.08M	USD	1 Quarter
Interest expense	`InterestExpense`	$75.67M	USD	3 Qtrs
Other	`OtherNonoperatingIncomeExpense`	$17.87M	USD	1 Quarter
Other	`OtherNonoperatingIncomeExpense`	$47.10M	USD	1 Quarter
Other	`OtherNonoperatingIncomeExpense`	$45.82M	USD	3 Qtrs
Other	`OtherNonoperatingIncomeExpense`	$53.37M	USD	3 Qtrs
Total non-operating (income) expenses	`NonoperatingIncomeExpense`	$-20.30M	USD	3 Qtrs
Total non-operating (income) expenses	`NonoperatingIncomeExpense`	$-7.21M	USD	1 Quarter
Total non-operating (income) expenses	`NonoperatingIncomeExpense`	$20.61M	USD	1 Quarter
Total non-operating (income) expenses	`NonoperatingIncomeExpense`	$-29.85M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$821.33M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$304.53M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$291.74M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$818.17M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$77.05M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$206.01M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$71.51M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$197.55M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$612.17M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$227.49M	USD	1 Quarter
Net income	`NetIncomeLoss`	$623.77M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$220.23M	USD	1 Quarter
Basic net income per common share (usd per share)	`EarningsPerShareBasic`	$1.50	USD	1 Quarter
Basic net income per common share (usd per share)	`EarningsPerShareBasic`	$4.20	USD	3 Qtrs
Basic net income per common share (usd per share)	`EarningsPerShareBasic`	$1.56	USD	1 Quarter
Basic net income per common share (usd per share)	`EarningsPerShareBasic`	$4.25	USD	3 Qtrs
Diluted net income per common share (usd per share)	`EarningsPerShareDiluted`	$1.49	USD	1 Quarter
Diluted net income per common share (usd per share)	`EarningsPerShareDiluted`	$4.18	USD	3 Qtrs
Diluted net income per common share (usd per share)	`EarningsPerShareDiluted`	$4.23	USD	3 Qtrs
Diluted net income per common share (usd per share)	`EarningsPerShareDiluted`	$1.56	USD	1 Quarter
Dividends declared per common share (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.76	USD	1 Quarter
Dividends declared per common share (usd per share)	`CommonStockDividendsPerShareDeclared`	$2.16	USD	3 Qtrs
Dividends declared per common share (usd per share)	`CommonStockDividendsPerShareDeclared`	$2.29	USD	3 Qtrs
Dividends declared per common share (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.72	USD	1 Quarter
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	145.88M	shares	3 Qtrs
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	146.76M	shares	1 Quarter
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	145.57M	shares	1 Quarter
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	146.75M	shares	3 Qtrs
Dilutive effect of stock options and non-vested restricted stock awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	617,000.00	shares	1 Quarter
Dilutive effect of stock options and non-vested restricted stock awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	574,000.00	shares	3 Qtrs
Dilutive effect of stock options and non-vested restricted stock awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	690,000.00	shares	1 Quarter
Dilutive effect of stock options and non-vested restricted stock awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	654,000.00	shares	3 Qtrs
Weighted average common shares outstanding - assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	147.32M	shares	3 Qtrs
Weighted average common shares outstanding - assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	146.19M	shares	1 Quarter
Weighted average common shares outstanding - assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	147.45M	shares	1 Quarter
Weighted average common shares outstanding - assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	146.53M	shares	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-88.37M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-126.35M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-26.59M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-147.70M	USD	3 Qtrs
Cash flow and net investment hedge adjustments, net of income taxes in 2019 $16,988 and $15,057; 2018 $278 and $6,213 respectively	`OtherComprehensiveIncomeLossCashFlowHedgeandNetInvestmentHedgeGainLossafterReclassificationandTax`	$45.92M	USD	1 Quarter
Cash flow and net investment hedge adjustments, net of income taxes in 2019 $16,988 and $15,057; 2018 $278 and $6,213 respectively	`OtherComprehensiveIncomeLossCashFlowHedgeandNetInvestmentHedgeGainLossafterReclassificationandTax`	$40.70M	USD	3 Qtrs
Cash flow and net investment hedge adjustments, net of income taxes in 2019 $16,988 and $15,057; 2018 $278 and $6,213 respectively	`OtherComprehensiveIncomeLossCashFlowHedgeandNetInvestmentHedgeGainLossafterReclassificationandTax`	$752.00K	USD	1 Quarter
Cash flow and net investment hedge adjustments, net of income taxes in 2019 $16,988 and $15,057; 2018 $278 and $6,213 respectively	`OtherComprehensiveIncomeLossCashFlowHedgeandNetInvestmentHedgeGainLossafterReclassificationandTax`	$16.80M	USD	3 Qtrs
Pension and postretirement benefit adjustments, net of income taxes in 2019 $2,592 and $6,166; 2018 $2,560 and $7,850 respectively	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-7.02M	USD	1 Quarter
Pension and postretirement benefit adjustments, net of income taxes in 2019 $2,592 and $6,166; 2018 $2,560 and $7,850 respectively	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-21.22M	USD	3 Qtrs
Pension and postretirement benefit adjustments, net of income taxes in 2019 $2,592 and $6,166; 2018 $2,560 and $7,850 respectively	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-16.69M	USD	3 Qtrs
Pension and postretirement benefit adjustments, net of income taxes in 2019 $2,592 and $6,166; 2018 $2,560 and $7,850 respectively	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-6.91M	USD	1 Quarter
Other comprehensive loss, net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-18.93M	USD	1 Quarter
Other comprehensive loss, net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-73.40M	USD	1 Quarter
Other comprehensive loss, net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-30.98M	USD	3 Qtrs
Other comprehensive loss, net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-109.69M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$201.30M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$581.19M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$154.09M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$514.09M	USD	3 Qtrs

Cash Flow Statement 48 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$612.17M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$227.49M	USD	1 Quarter
Net income	`NetIncomeLoss`	$623.77M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$220.23M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$197.05M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$177.90M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$19.82M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$15.42M	USD	3 Qtrs
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$4.05M	USD	3 Qtrs
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$3.08M	USD	3 Qtrs
Other non-operating activities	`OtherNoncashIncomeExpense`	$22.33M	USD	3 Qtrs
Other non-operating activities	`OtherNoncashIncomeExpense`	-	USD	3 Qtrs
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$57.45M	USD	3 Qtrs
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$-111.52M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$925.53M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$745.21M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$91.94M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$182.61M	USD	3 Qtrs
Proceeds from divestitures of businesses	`ProceedsFromDivestitureOfBusinesses`	$416.78M	USD	3 Qtrs
Proceeds from divestitures of businesses	`ProceedsFromDivestitureOfBusinesses`	-	USD	3 Qtrs
Acquisitions of businesses and other investing activities	`PaymentsToAcquireBusinessesAndInterestInAffiliates`	$153.99M	USD	3 Qtrs
Acquisitions of businesses and other investing activities	`PaymentsToAcquireBusinessesAndInterestInAffiliates`	$625.57M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-391.39M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-245.93M	USD	3 Qtrs
Proceeds from debt	`ProceedsFromLongTermLinesOfCredit`	$3.93B	USD	3 Qtrs
Proceeds from debt	`ProceedsFromLongTermLinesOfCredit`	$3.41B	USD	3 Qtrs
Payments on debt	`RepaymentsOfDebt`	$3.71B	USD	3 Qtrs
Payments on debt	`RepaymentsOfDebt`	$3.75B	USD	3 Qtrs
Share-based awards exercised	`PaymentsForShareBasedAwardsExercisedNetOfTaxesPaid`	$7.50M	USD	3 Qtrs
Share-based awards exercised	`PaymentsForShareBasedAwardsExercisedNetOfTaxesPaid`	$5.86M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$328.11M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$310.31M	USD	3 Qtrs
Purchases of stock	`PaymentsForRepurchaseOfCommonStock`	$1.92M	USD	3 Qtrs
Purchases of stock	`PaymentsForRepurchaseOfCommonStock`	$73.05M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-622.05M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-229.45M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-13.34M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-6.64M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$44.21M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$117.73M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$451.27M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$359.11M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$314.90M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$333.55M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$451.27M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$359.11M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$314.90M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$333.55M	USD	Point-in-time

Stockholders Equity 48 line items

Line Item	Tag	Value	Unit	Period
Cash dividends declared per share (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.76	USD	1 Quarter
Cash dividends declared per share (usd per share)	`CommonStockDividendsPerShareDeclared`	$2.16	USD	3 Qtrs
Cash dividends declared per share (usd per share)	`CommonStockDividendsPerShareDeclared`	$2.29	USD	3 Qtrs
Cash dividends declared per share (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.72	USD	1 Quarter
Tax effect on stock options exercised	`DeferredTaxExpenseFromStockOptionsExercised`	$4.05M	USD	3 Qtrs
Tax effect on stock options exercised	`DeferredTaxExpenseFromStockOptionsExercised`	$68.00K	USD	1 Quarter
Tax effect on stock options exercised	`DeferredTaxExpenseFromStockOptionsExercised`	$480.00K	USD	1 Quarter
Tax effect on stock options exercised	`DeferredTaxExpenseFromStockOptionsExercised`	$3.08M	USD	3 Qtrs
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.56B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.66B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.46B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.47B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.66B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.69B	USD	Point-in-time
Net income	`NetIncomeLoss`	$612.17M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$227.49M	USD	1 Quarter
Net income	`NetIncomeLoss`	$623.77M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$220.23M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-18.93M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-73.40M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-30.98M	USD	3 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-109.69M	USD	3 Qtrs
Cash dividends declared	`DividendsCommonStockCash`	$316.98M	USD	3 Qtrs
Cash dividends declared	`DividendsCommonStockCash`	$333.52M	USD	3 Qtrs
Cash dividends declared	`DividendsCommonStockCash`	$110.79M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$105.67M	USD	1 Quarter
Share-based awards exercised, including tax benefit	`StockIssuedDuringPeriodValueStockOptionsExercised`	$-7.50M	USD	3 Qtrs
Share-based awards exercised, including tax benefit	`StockIssuedDuringPeriodValueStockOptionsExercised`	$-5.86M	USD	3 Qtrs
Share-based awards exercised, including tax benefit	`StockIssuedDuringPeriodValueStockOptionsExercised`	$-1.01M	USD	1 Quarter
Share-based awards exercised, including tax benefit	`StockIssuedDuringPeriodValueStockOptionsExercised`	$-124.00K	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.74M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.42M	USD	3 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.38M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$19.82M	USD	3 Qtrs
Purchase of stock	`StockRepurchasedDuringPeriodValue`	$73.05M	USD	1 Quarter
Purchase of stock	`StockRepurchasedDuringPeriodValue`	$1.92M	USD	3 Qtrs
Purchase of stock	`StockRepurchasedDuringPeriodValue`	$73.05M	USD	3 Qtrs
Purchase of stock	`StockRepurchasedDuringPeriodValue`	$1.92M	USD	1 Quarter
Noncontrolling interest activities	`NoncontrollingInterestActivities`	$1.67M	USD	1 Quarter
Noncontrolling interest activities	`NoncontrollingInterestActivities`	$-101.00K	USD	1 Quarter
Noncontrolling interest activities	`NoncontrollingInterestActivities`	$21.00K	USD	3 Qtrs
Noncontrolling interest activities	`NoncontrollingInterestActivities`	$1.01M	USD	3 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.56B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.66B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.46B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.47B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.66B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.69B	USD	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Net investment hedge, tax	`GainLossonDerivativeUsedinNetInvestmentHedgeTax`	$-15.06M	USD	3 Qtrs
Net investment hedge, tax	`GainLossonDerivativeUsedinNetInvestmentHedgeTax`	$-278.00K	USD	1 Quarter
Net investment hedge, tax	`GainLossonDerivativeUsedinNetInvestmentHedgeTax`	$-6.21M	USD	3 Qtrs
Net investment hedge, tax	`GainLossonDerivativeUsedinNetInvestmentHedgeTax`	$-16.99M	USD	1 Quarter
Pension and postretirement benefit adjustments, tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-2.56M	USD	1 Quarter
Pension and postretirement benefit adjustments, tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-2.59M	USD	1 Quarter
Pension and postretirement benefit adjustments, tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-7.85M	USD	3 Qtrs
Pension and postretirement benefit adjustments, tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-6.17M	USD	3 Qtrs

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