10-Q Filing

GENUINE PARTS CO CIK: 40987 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0000040987-22-000031`
Period End Date	20220630
Filing Date	20220727
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	gpc-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 76 Cash Flow Statement 58 Stockholders Equity 48 Comprehensive Income 36

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$44.42M	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$57.41M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.37B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.34B	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$519.13M	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	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$990.17M	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$714.70M	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$987.39M	USD	Point-in-time
Trade accounts receivable, less allowance for doubtful accounts (2022 $57,413; 2021 $44,425)	`AccountsNotesAndLoansReceivableNetCurrent`	$1.80B	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Trade accounts receivable, less allowance for doubtful accounts (2022 $57,413; 2021 $44,425)	`AccountsNotesAndLoansReceivableNetCurrent`	$2.24B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Merchandise inventories, net	`InventoryNet`	$4.30B	USD	Point-in-time
Merchandise inventories, net	`InventoryNet`	$3.89B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.35B	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`	$1.48B	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
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	450.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$7.76B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$8.53B	USD	Point-in-time
Goodwill	`Goodwill`	$1.92B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	142.18M	shares	Point-in-time
Goodwill	`Goodwill`	$2.54B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	141.28M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	142.18M	shares	Point-in-time
Other intangible assets, less accumulated amortization	`FiniteLivedIntangibleAssetsNet`	$1.41B	USD	Point-in-time
Other intangible assets, less accumulated amortization	`FiniteLivedIntangibleAssetsNet`	$1.85B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	141.28M	shares	Point-in-time
Property, plant and equipment, less accumulated depreciation (2022 $1,370,095; 2021 $1,339,706)	`PropertyPlantAndEquipmentNet`	$1.24B	USD	Point-in-time
Property, plant and equipment, less accumulated depreciation (2022 $1,370,095; 2021 $1,339,706)	`PropertyPlantAndEquipmentNet`	$1.23B	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$1.05B	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$1.07B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.02B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$985.88M	USD	Point-in-time
Total assets	`Assets`	$14.35B	USD	Point-in-time
Total assets	`Assets`	$16.24B	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$4.80B	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$5.41B	USD	Point-in-time
Current portion of debt	`LongTermDebtCurrent`	$14.12M	USD	Point-in-time
Current portion of debt	`LongTermDebtCurrent`	-	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$126.72M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$115.88M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.66B	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.74B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.29B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$6.58B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.41B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$3.30B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$789.17M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$800.67M	USD	Point-in-time
Pension and other postretirement benefit liabilities	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$263.31M	USD	Point-in-time
Pension and other postretirement benefit liabilities	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$265.13M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$280.78M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$407.76M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$522.78M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$514.79M	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 2022 141,280,841 shares; 2021 142,180,683 shares	`CommonStockValue`	$142.18M	USD	Point-in-time
Common stock, par value $1 per share; authorized 450,000,000 shares; issued and outstanding 2022 141,280,841 shares; 2021 142,180,683 shares	`CommonStockValue`	$141.28M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$123.39M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$119.97M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-857.74M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-953.23M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.09B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.33B	USD	Point-in-time
Total parent equity	`StockholdersEquity`	$3.49B	USD	Point-in-time
Total parent equity	`StockholdersEquity`	$3.64B	USD	Point-in-time
Noncontrolling interests in subsidiaries	`MinorityInterest`	$12.55M	USD	Point-in-time
Noncontrolling interests in subsidiaries	`MinorityInterest`	$13.01M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.22B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.25B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.61B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.65B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.50B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.34B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$16.24B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$14.35B	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.60B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$9.25B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$10.90B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.78B	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$7.11B	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$6.02B	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$3.64B	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$3.09B	USD	1 Quarter
Gross profit	`GrossProfit`	$1.69B	USD	1 Quarter
Gross profit	`GrossProfit`	$1.96B	USD	1 Quarter
Gross profit	`GrossProfit`	$3.79B	USD	2 Qtrs
Gross profit	`GrossProfit`	$3.23B	USD	2 Qtrs
Selling, administrative and other expenses	`SellingGeneralAndAdministrativeExpense`	$1.36B	USD	1 Quarter
Selling, administrative and other expenses	`SellingGeneralAndAdministrativeExpense`	$2.54B	USD	2 Qtrs
Selling, administrative and other expenses	`SellingGeneralAndAdministrativeExpense`	$1.35B	USD	1 Quarter
Selling, administrative and other expenses	`SellingGeneralAndAdministrativeExpense`	$2.77B	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$173.26M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$146.26M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$73.96M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$85.89M	USD	1 Quarter
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$5.04M	USD	1 Quarter
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$2.90M	USD	1 Quarter
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$7.39M	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$9.95M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$1.45B	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.43B	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.70B	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$2.95B	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$33.69M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$20.25M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$40.10M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$15.36M	USD	1 Quarter
Other	`OtherNonoperatingIncomeExpense`	$19.28M	USD	2 Qtrs
Other	`OtherNonoperatingIncomeExpense`	$3.82M	USD	1 Quarter
Other	`OtherNonoperatingIncomeExpense`	$24.17M	USD	1 Quarter
Other	`OtherNonoperatingIncomeExpense`	$59.91M	USD	2 Qtrs
Total non-operating expense (income)	`NonoperatingIncomeExpense`	$-16.43M	USD	1 Quarter
Total non-operating expense (income)	`NonoperatingIncomeExpense`	$8.81M	USD	1 Quarter
Total non-operating expense (income)	`NonoperatingIncomeExpense`	$-20.82M	USD	2 Qtrs
Total non-operating expense (income)	`NonoperatingIncomeExpense`	$26.22M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$269.61M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$555.47M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$817.28M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$491.57M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$141.26M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$198.92M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$73.11M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$119.04M	USD	1 Quarter
Net income	`NetIncomeLoss`	$414.21M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$196.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$618.37M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$372.53M	USD	1 Quarter
Dividends declared per common share (usd per share)	`CommonStockDividendsPerShareDeclared`	$1.63	USD	2 Qtrs
Dividends declared per common share (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.81	USD	1 Quarter
Dividends declared per common share (usd per share)	`CommonStockDividendsPerShareDeclared`	$1.79	USD	2 Qtrs
Dividends declared per common share (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.90	USD	1 Quarter
Basic earnings per share (usd per share)	`EarningsPerShareBasic`	$1.36	USD	1 Quarter
Basic earnings per share (usd per share)	`EarningsPerShareBasic`	$4.36	USD	2 Qtrs
Basic earnings per share (usd per share)	`EarningsPerShareBasic`	$2.63	USD	1 Quarter
Basic earnings per share (usd per share)	`EarningsPerShareBasic`	$2.87	USD	2 Qtrs
Diluted earnings per share (usd per share)	`EarningsPerShareDiluted`	$2.85	USD	2 Qtrs
Diluted earnings per share (usd per share)	`EarningsPerShareDiluted`	$1.36	USD	1 Quarter
Diluted earnings per share (usd per share)	`EarningsPerShareDiluted`	$2.62	USD	1 Quarter
Diluted earnings per share (usd per share)	`EarningsPerShareDiluted`	$4.34	USD	2 Qtrs
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	144.31M	shares	2 Qtrs
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	144.21M	shares	1 Quarter
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	141.58M	shares	1 Quarter
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	141.75M	shares	2 Qtrs
Dilutive effect of stock options and non-vested restricted stock awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	723,000.00	shares	1 Quarter
Dilutive effect of stock options and non-vested restricted stock awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	835,000.00	shares	2 Qtrs
Dilutive effect of stock options and non-vested restricted stock awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	846,000.00	shares	2 Qtrs
Dilutive effect of stock options and non-vested restricted stock awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	772,000.00	shares	1 Quarter
Weighted average common shares outstanding - assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	145.16M	shares	2 Qtrs
Weighted average common shares outstanding - assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	142.58M	shares	2 Qtrs
Weighted average common shares outstanding - assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	144.98M	shares	1 Quarter
Weighted average common shares outstanding - assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	142.30M	shares	1 Quarter

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$414.21M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$196.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$618.37M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$372.53M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$146.26M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$173.26M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$14.52M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$17.88M	USD	2 Qtrs
Gain on sale of real estate	`GainsLossesOnSalesOfInvestmentRealEstate`	$102.80M	USD	1 Quarter
Gain on sale of real estate	`GainsLossesOnSalesOfInvestmentRealEstate`	-	USD	2 Qtrs
Gain on sale of real estate	`GainsLossesOnSalesOfInvestmentRealEstate`	$102.80M	USD	2 Qtrs
Gain on sale of real estate	`GainsLossesOnSalesOfInvestmentRealEstate`	-	USD	1 Quarter
Intangible asset impairment	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$17.06M	USD	2 Qtrs
Intangible asset impairment	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	2 Qtrs
Excess tax benefits from share-based compensation	`EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions`	$4.86M	USD	1 Quarter
Excess tax benefits from share-based compensation	`EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions`	$3.14M	USD	2 Qtrs
Excess tax benefits from share-based compensation	`EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions`	$2.42M	USD	1 Quarter
Excess tax benefits from share-based compensation	`EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions`	$6.63M	USD	2 Qtrs
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$-70.36M	USD	2 Qtrs
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$-136.07M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$704.43M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$790.99M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$89.99M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$152.98M	USD	2 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$140.84M	USD	2 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$22.07M	USD	2 Qtrs
Proceeds from divestitures of businesses	`ProceedsFromDivestitureOfBusinesses`	$13.71M	USD	2 Qtrs
Proceeds from divestitures of businesses	`ProceedsFromDivestitureOfBusinesses`	$26.10M	USD	2 Qtrs
Acquisitions of businesses and other investing activities	`PaymentsToAcquireBusinessesAndInterestInAffiliates`	$97.17M	USD	2 Qtrs
Acquisitions of businesses and other investing activities	`PaymentsToAcquireBusinessesAndInterestInAffiliates`	$1.56B	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.54B	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-151.39M	USD	2 Qtrs
Proceeds from debt	`ProceedsFromLongTermLinesOfCredit`	$31.60M	USD	2 Qtrs
Proceeds from debt	`ProceedsFromLongTermLinesOfCredit`	$3.85B	USD	2 Qtrs
Payments on debt	`RepaymentsOfDebt`	$2.87B	USD	2 Qtrs
Payments on debt	`RepaymentsOfDebt`	$142.29M	USD	2 Qtrs
Share-based awards exercised	`PaymentsForShareBasedAwardsExercisedNetOfTaxesPaid`	$14.42M	USD	2 Qtrs
Share-based awards exercised	`PaymentsForShareBasedAwardsExercisedNetOfTaxesPaid`	$19.33M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$231.63M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$242.77M	USD	2 Qtrs
Purchases of stock	`PaymentsForRepurchaseOfCommonStock`	$184.37M	USD	2 Qtrs
Purchases of stock	`PaymentsForRepurchaseOfCommonStock`	$122.92M	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-13.90M	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.16M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$584.51M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-548.18M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-7.64M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-27.61M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-195.57M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.78M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$519.13M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$990.17M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$714.70M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$987.39M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$519.13M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$990.17M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$714.70M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$987.39M	USD	Point-in-time

Stockholders Equity 48 line items

Line Item	Tag	Value	Unit	Period
Cash dividends declared per share (usd per share)	`CommonStockDividendsPerShareDeclared`	$1.63	USD	2 Qtrs
Cash dividends declared per share (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.81	USD	1 Quarter
Cash dividends declared per share (usd per share)	`CommonStockDividendsPerShareDeclared`	$1.79	USD	2 Qtrs
Cash dividends declared per share (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.90	USD	1 Quarter
Share-based awards exercised, tax	`EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions`	$4.86M	USD	1 Quarter
Share-based awards exercised, tax	`EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions`	$3.14M	USD	2 Qtrs
Share-based awards exercised, tax	`EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions`	$2.42M	USD	1 Quarter
Share-based awards exercised, tax	`EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions`	$6.63M	USD	2 Qtrs
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.22B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.25B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.61B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.65B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.50B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.34B	USD	Point-in-time
Net income	`NetIncomeLoss`	$414.21M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$196.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$618.37M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$372.53M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-95.49M	USD	2 Qtrs
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$32.95M	USD	2 Qtrs
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$20.21M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-148.35M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$253.61M	USD	2 Qtrs
Cash dividends declared	`DividendsCommonStockCash`	$126.72M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$117.41M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$235.12M	USD	2 Qtrs
Share-based awards exercised, including tax benefit	`StockIssuedDuringPeriodValueStockOptionsExercised`	$-13.90M	USD	1 Quarter
Share-based awards exercised, including tax benefit	`StockIssuedDuringPeriodValueStockOptionsExercised`	$-13.36M	USD	1 Quarter
Share-based awards exercised, including tax benefit	`StockIssuedDuringPeriodValueStockOptionsExercised`	$-19.33M	USD	2 Qtrs
Share-based awards exercised, including tax benefit	`StockIssuedDuringPeriodValueStockOptionsExercised`	$-14.42M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.88M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.29M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.52M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.71M	USD	1 Quarter
Purchase of stock	`StockRepurchasedDuringPeriodValue`	$184.37M	USD	2 Qtrs
Purchase of stock	`StockRepurchasedDuringPeriodValue`	$184.37M	USD	1 Quarter
Purchase of stock	`StockRepurchasedDuringPeriodValue`	$50.00M	USD	1 Quarter
Purchase of stock	`StockRepurchasedDuringPeriodValue`	$122.92M	USD	2 Qtrs
Noncontrolling interest activities	`NoncontrollingInterestActivities`	$459.00K	USD	2 Qtrs
Noncontrolling interest activities	`NoncontrollingInterestActivities`	$-1.94M	USD	2 Qtrs
Noncontrolling interest activities	`NoncontrollingInterestActivities`	$-280.00K	USD	1 Quarter
Noncontrolling interest activities	`NoncontrollingInterestActivities`	$871.00K	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.22B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.25B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.61B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.65B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.50B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.34B	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$414.21M	USD	2 Qtrs
Foreign currency translation adjustment, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-40.05M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$196.50M	USD	1 Quarter
Foreign currency translation adjustment, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-14.17M	USD	2 Qtrs
Foreign currency translation adjustment, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-31.64M	USD	1 Quarter
Net income	`NetIncomeLoss`	$618.37M	USD	2 Qtrs
Foreign currency translation adjustment, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-7.02M	USD	1 Quarter
Net income	`NetIncomeLoss`	$372.53M	USD	1 Quarter
Net investment hedge, tax	`GainLossonDerivativeUsedinNetInvestmentHedgeTax`	$-2.77M	USD	2 Qtrs
Net investment hedge, tax	`GainLossonDerivativeUsedinNetInvestmentHedgeTax`	$-2.77M	USD	2 Qtrs
Foreign currency translation adjustments, net of income taxes in 2022 $31,638 and $40,049; 2021 $7,019 and $14,166, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$7.13M	USD	1 Quarter
Foreign currency translation adjustments, net of income taxes in 2022 $31,638 and $40,049; 2021 $7,019 and $14,166, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-116.95M	USD	2 Qtrs
Foreign currency translation adjustments, net of income taxes in 2022 $31,638 and $40,049; 2021 $7,019 and $14,166, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-159.08M	USD	1 Quarter
Foreign currency translation adjustments, net of income taxes in 2022 $31,638 and $40,049; 2021 $7,019 and $14,166, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$6.84M	USD	2 Qtrs
Net investment hedge, tax	`GainLossonDerivativeUsedinNetInvestmentHedgeTax`	$-1.38M	USD	1 Quarter
Net investment hedge, tax	`GainLossonDerivativeUsedinNetInvestmentHedgeTax`	$-1.38M	USD	1 Quarter
Cash flow hedge adjustments, net of income taxes in 2022 $1,383 and $2,767 ; 2021 $1,383 and $2,767, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeandNetInvestmentHedgeGainLossafterReclassificationandTax`	$3.74M	USD	1 Quarter
Cash flow hedge adjustments, net of income taxes in 2022 $1,383 and $2,767 ; 2021 $1,383 and $2,767, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeandNetInvestmentHedgeGainLossafterReclassificationandTax`	$7.48M	USD	2 Qtrs
Pension and postretirement benefit adjustments, tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-5.16M	USD	2 Qtrs
Pension and postretirement benefit adjustments, tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-3.43M	USD	1 Quarter
Cash flow hedge adjustments, net of income taxes in 2022 $1,383 and $2,767 ; 2021 $1,383 and $2,767, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeandNetInvestmentHedgeGainLossafterReclassificationandTax`	$7.48M	USD	2 Qtrs
Pension and postretirement benefit adjustments, tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-2.58M	USD	1 Quarter
Cash flow hedge adjustments, net of income taxes in 2022 $1,383 and $2,767 ; 2021 $1,383 and $2,767, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeandNetInvestmentHedgeGainLossafterReclassificationandTax`	$3.74M	USD	1 Quarter
Pension and postretirement benefit adjustments, tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-6.86M	USD	2 Qtrs
Pension and postretirement benefit adjustments, net of income taxes in 2022 $2,580 and $5,160; 2021 $3,434 and $6,855, respectively	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-13.97M	USD	2 Qtrs
Pension and postretirement benefit adjustments, net of income taxes in 2022 $2,580 and $5,160; 2021 $3,434 and $6,855, respectively	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-18.63M	USD	2 Qtrs
Pension and postretirement benefit adjustments, net of income taxes in 2022 $2,580 and $5,160; 2021 $3,434 and $6,855, respectively	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-9.33M	USD	1 Quarter
Pension and postretirement benefit adjustments, net of income taxes in 2022 $2,580 and $5,160; 2021 $3,434 and $6,855, respectively	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-6.99M	USD	1 Quarter
Other comprehensive (loss) income, net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-95.49M	USD	2 Qtrs
Other comprehensive (loss) income, net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$32.95M	USD	2 Qtrs
Other comprehensive (loss) income, net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$20.21M	USD	1 Quarter
Other comprehensive (loss) income, net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-148.35M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$522.88M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$447.15M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$216.70M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$224.18M	USD	1 Quarter

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