10-Q Filing

GENUINE PARTS CO CIK: 40987 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0000040987-22-000040`
Period End Date	20220930
Filing Date	20221020
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	gpc-20220930_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`	$47.26M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.37B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.34B	USD	Point-in-time
Preferred stock, par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$714.70M	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$629.20M	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$919.10M	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
Trade accounts receivable, less allowance for doubtful accounts (2022 $47,262; 2021 $44,425)	`AccountsNotesAndLoansReceivableNetCurrent`	$1.80B	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 (2022 $47,262; 2021 $44,425)	`AccountsNotesAndLoansReceivableNetCurrent`	$2.22B	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Merchandise inventories, net	`InventoryNet`	$3.89B	USD	Point-in-time
Merchandise inventories, net	`InventoryNet`	$4.30B	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
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`	$1.68B	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`	$8.82B	USD	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
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	140.96M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	142.18M	shares	Point-in-time
Goodwill	`Goodwill`	$2.46B	USD	Point-in-time
Goodwill	`Goodwill`	$1.92B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	140.96M	shares	Point-in-time
Other intangible assets, less accumulated amortization	`FiniteLivedIntangibleAssetsNet`	$1.41B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	142.18M	shares	Point-in-time
Other intangible assets, less accumulated amortization	`FiniteLivedIntangibleAssetsNet`	$1.75B	USD	Point-in-time
Property, plant and equipment, less accumulated depreciation (2022 $1,369,770; 2021 $1,339,706)	`PropertyPlantAndEquipmentNet`	$1.23B	USD	Point-in-time
Property, plant and equipment, less accumulated depreciation (2022 $1,369,770; 2021 $1,339,706)	`PropertyPlantAndEquipmentNet`	$1.24B	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`	$1.03B	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`	$16.38B	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$4.80B	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$5.53B	USD	Point-in-time
Current portion of debt	`LongTermDebtCurrent`	$1.63M	USD	Point-in-time
Current portion of debt	`LongTermDebtCurrent`	-	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$115.88M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$126.43M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.66B	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.84B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$6.58B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.50B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.41B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$3.23B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$789.17M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$809.50M	USD	Point-in-time
Pension and other postretirement benefit liabilities	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$265.13M	USD	Point-in-time
Pension and other postretirement benefit liabilities	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$262.82M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$280.78M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$398.80M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$522.78M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$500.99M	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 140,962,009 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 140,962,009 shares; 2021 142,180,683 shares	`CommonStockValue`	$140.96M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$132.24M	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`	$-1.07B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.09B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.47B	USD	Point-in-time
Total parent equity	`StockholdersEquity`	$3.66B	USD	Point-in-time
Total parent equity	`StockholdersEquity`	$3.49B	USD	Point-in-time
Noncontrolling interests in subsidiaries	`MinorityInterest`	$13.74M	USD	Point-in-time
Noncontrolling interests in subsidiaries	`MinorityInterest`	$12.55M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.50B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.65B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.25B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.20B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.22B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.68B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$16.38B	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`	$14.07B	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.82B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$16.57B	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.68B	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$10.81B	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$3.70B	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$3.11B	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$9.13B	USD	3 Qtrs
Gross profit	`GrossProfit`	$4.94B	USD	3 Qtrs
Gross profit	`GrossProfit`	$1.71B	USD	1 Quarter
Gross profit	`GrossProfit`	$1.98B	USD	1 Quarter
Gross profit	`GrossProfit`	$5.77B	USD	3 Qtrs
Selling, administrative and other expenses	`SellingGeneralAndAdministrativeExpense`	$1.34B	USD	1 Quarter
Selling, administrative and other expenses	`SellingGeneralAndAdministrativeExpense`	$1.46B	USD	1 Quarter
Selling, administrative and other expenses	`SellingGeneralAndAdministrativeExpense`	$4.23B	USD	3 Qtrs
Selling, administrative and other expenses	`SellingGeneralAndAdministrativeExpense`	$3.88B	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$86.56M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$72.12M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$259.82M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$218.38M	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$4.28M	USD	1 Quarter
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$6.15M	USD	1 Quarter
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$14.23M	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$13.54M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$1.42B	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$4.50B	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$1.55B	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$4.12B	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$58.32M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$47.85M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$14.17M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$18.22M	USD	1 Quarter
Other	`OtherNonoperatingIncomeExpense`	$17.55M	USD	1 Quarter
Other	`OtherNonoperatingIncomeExpense`	$26.90M	USD	3 Qtrs
Other	`OtherNonoperatingIncomeExpense`	$77.45M	USD	3 Qtrs
Other	`OtherNonoperatingIncomeExpense`	$7.62M	USD	1 Quarter
Total non-operating expense (income)	`NonoperatingIncomeExpense`	$-10.60M	USD	1 Quarter
Total non-operating expense (income)	`NonoperatingIncomeExpense`	$29.60M	USD	3 Qtrs
Total non-operating expense (income)	`NonoperatingIncomeExpense`	$3.38M	USD	1 Quarter
Total non-operating expense (income)	`NonoperatingIncomeExpense`	$-31.42M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$298.97M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.24B	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$854.44M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$417.94M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$211.65M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$70.39M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$105.58M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$304.49M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$642.79M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$312.36M	USD	1 Quarter
Net income	`NetIncomeLoss`	$228.59M	USD	1 Quarter
Net income	`NetIncomeLoss`	$930.73M	USD	3 Qtrs
Dividends declared per common share (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.90	USD	1 Quarter
Dividends declared per common share (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.81	USD	1 Quarter
Dividends declared per common share (usd per share)	`CommonStockDividendsPerShareDeclared`	$2.44	USD	3 Qtrs
Dividends declared per common share (usd per share)	`CommonStockDividendsPerShareDeclared`	$2.69	USD	3 Qtrs
Basic earnings per share (usd per share)	`EarningsPerShareBasic`	$1.60	USD	1 Quarter
Basic earnings per share (usd per share)	`EarningsPerShareBasic`	$2.21	USD	1 Quarter
Basic earnings per share (usd per share)	`EarningsPerShareBasic`	$6.57	USD	3 Qtrs
Basic earnings per share (usd per share)	`EarningsPerShareBasic`	$4.47	USD	3 Qtrs
Diluted earnings per share (usd per share)	`EarningsPerShareDiluted`	$4.44	USD	3 Qtrs
Diluted earnings per share (usd per share)	`EarningsPerShareDiluted`	$2.20	USD	1 Quarter
Diluted earnings per share (usd per share)	`EarningsPerShareDiluted`	$6.53	USD	3 Qtrs
Diluted earnings per share (usd per share)	`EarningsPerShareDiluted`	$1.59	USD	1 Quarter
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	142.87M	shares	1 Quarter
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	141.61M	shares	3 Qtrs
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	141.34M	shares	1 Quarter
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	143.83M	shares	3 Qtrs
Dilutive effect of stock options and non-vested restricted stock awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	796,000.00	shares	3 Qtrs
Dilutive effect of stock options and non-vested restricted stock awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	819,000.00	shares	3 Qtrs
Dilutive effect of stock options and non-vested restricted stock awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	773,000.00	shares	1 Quarter
Dilutive effect of stock options and non-vested restricted stock awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	718,000.00	shares	1 Quarter
Weighted average common shares outstanding - assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	144.62M	shares	3 Qtrs
Weighted average common shares outstanding - assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	143.59M	shares	1 Quarter
Weighted average common shares outstanding - assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	142.11M	shares	1 Quarter
Weighted average common shares outstanding - assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	142.43M	shares	3 Qtrs

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$642.79M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$312.36M	USD	1 Quarter
Net income	`NetIncomeLoss`	$228.59M	USD	1 Quarter
Net income	`NetIncomeLoss`	$930.73M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$218.38M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$259.82M	USD	3 Qtrs
Loss on software disposal	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	3 Qtrs
Loss on software disposal	`GainLossOnSaleOfPropertyPlantEquipment`	$-61.06M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$20.84M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$27.77M	USD	3 Qtrs
Gain on sale of real estate	`GainsLossesOnSalesOfInvestmentRealEstate`	$102.80M	USD	3 Qtrs
Gain on sale of real estate	`GainsLossesOnSalesOfInvestmentRealEstate`	-	USD	3 Qtrs
Intangible asset impairment	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$17.46M	USD	3 Qtrs
Intangible asset impairment	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	3 Qtrs
Excess tax benefits from share-based compensation	`EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions`	$6.67M	USD	3 Qtrs
Excess tax benefits from share-based compensation	`EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions`	$3.87M	USD	3 Qtrs
Excess tax benefits from share-based compensation	`EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions`	$731.00K	USD	1 Quarter
Excess tax benefits from share-based compensation	`EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions`	$40.00K	USD	1 Quarter
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$-71.79M	USD	3 Qtrs
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$-115.48M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.01B	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.24B	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$244.00M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$138.21M	USD	3 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$24.18M	USD	3 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$141.23M	USD	3 Qtrs
Proceeds from divestitures of businesses	`ProceedsFromDivestitureOfBusinesses`	$16.69M	USD	3 Qtrs
Proceeds from divestitures of businesses	`ProceedsFromDivestitureOfBusinesses`	$32.62M	USD	3 Qtrs
Acquisitions of businesses and other investing activities	`PaymentsToAcquireBusinessesAndInterestInAffiliates`	$1.59B	USD	3 Qtrs
Acquisitions of businesses and other investing activities	`PaymentsToAcquireBusinessesAndInterestInAffiliates`	$142.57M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.66B	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-239.90M	USD	3 Qtrs
Proceeds from debt	`ProceedsFromLongTermLinesOfCredit`	$242.33M	USD	3 Qtrs
Proceeds from debt	`ProceedsFromLongTermLinesOfCredit`	$4.55B	USD	3 Qtrs
Payments on debt	`RepaymentsOfDebt`	$403.13M	USD	3 Qtrs
Payments on debt	`RepaymentsOfDebt`	$3.59B	USD	3 Qtrs
Share-based awards exercised	`PaymentsForShareBasedAwardsExercisedNetOfTaxesPaid`	$19.40M	USD	3 Qtrs
Share-based awards exercised	`PaymentsForShareBasedAwardsExercisedNetOfTaxesPaid`	$15.44M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$369.48M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$349.29M	USD	3 Qtrs
Purchases of stock	`PaymentsForRepurchaseOfCommonStock`	$172.73M	USD	3 Qtrs
Purchases of stock	`PaymentsForRepurchaseOfCommonStock`	$283.89M	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-16.87M	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-5.35M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-818.72M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$386.03M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-20.64M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-59.17M	USD	3 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-71.07M	USD	3 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-85.50M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$714.70M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$629.20M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$919.10M	USD	Point-in-time
Cash and cash equivalents at beginning 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`	$629.20M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$919.10M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$990.17M	USD	Point-in-time

Stockholders Equity 48 line items

Line Item	Tag	Value	Unit	Period
Cash dividends declared per share (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.90	USD	1 Quarter
Cash dividends declared per share (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.81	USD	1 Quarter
Cash dividends declared per share (usd per share)	`CommonStockDividendsPerShareDeclared`	$2.44	USD	3 Qtrs
Cash dividends declared per share (usd per share)	`CommonStockDividendsPerShareDeclared`	$2.69	USD	3 Qtrs
Share-based awards exercised, tax	`EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions`	$6.67M	USD	3 Qtrs
Share-based awards exercised, tax	`EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions`	$3.87M	USD	3 Qtrs
Share-based awards exercised, tax	`EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions`	$731.00K	USD	1 Quarter
Share-based awards exercised, tax	`EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions`	$40.00K	USD	1 Quarter
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.50B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.65B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.25B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.20B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.22B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.68B	USD	Point-in-time
Net income	`NetIncomeLoss`	$642.79M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$312.36M	USD	1 Quarter
Net income	`NetIncomeLoss`	$228.59M	USD	1 Quarter
Net income	`NetIncomeLoss`	$930.73M	USD	3 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-216.58M	USD	3 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-69.53M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-36.58M	USD	3 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-121.09M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$351.61M	USD	3 Qtrs
Cash dividends declared	`DividendsCommonStockCash`	$380.04M	USD	3 Qtrs
Cash dividends declared	`DividendsCommonStockCash`	$116.49M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$126.43M	USD	1 Quarter
Share-based awards exercised, including tax benefit	`StockIssuedDuringPeriodValueStockOptionsExercised`	$-1.02M	USD	1 Quarter
Share-based awards exercised, including tax benefit	`StockIssuedDuringPeriodValueStockOptionsExercised`	$-19.40M	USD	3 Qtrs
Share-based awards exercised, including tax benefit	`StockIssuedDuringPeriodValueStockOptionsExercised`	$-68.00K	USD	1 Quarter
Share-based awards exercised, including tax benefit	`StockIssuedDuringPeriodValueStockOptionsExercised`	$-15.44M	USD	3 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$20.84M	USD	3 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$27.77M	USD	3 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.32M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.89M	USD	1 Quarter
Purchase of stock	`StockRepurchasedDuringPeriodValue`	$49.81M	USD	1 Quarter
Purchase of stock	`StockRepurchasedDuringPeriodValue`	$172.73M	USD	3 Qtrs
Purchase of stock	`StockRepurchasedDuringPeriodValue`	$283.89M	USD	3 Qtrs
Purchase of stock	`StockRepurchasedDuringPeriodValue`	$99.52M	USD	1 Quarter
Noncontrolling interest activities	`NoncontrollingInterestActivities`	$1.19M	USD	3 Qtrs
Noncontrolling interest activities	`NoncontrollingInterestActivities`	$734.00K	USD	1 Quarter
Noncontrolling interest activities	`NoncontrollingInterestActivities`	$174.00K	USD	3 Qtrs
Noncontrolling interest activities	`NoncontrollingInterestActivities`	$2.12M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.50B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.65B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.25B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.20B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.22B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.68B	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Foreign currency translation adjustment, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-33.84M	USD	1 Quarter
Foreign currency translation adjustment, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-25.49M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$642.79M	USD	3 Qtrs
Foreign currency translation adjustment, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-73.89M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$312.36M	USD	1 Quarter
Net income	`NetIncomeLoss`	$228.59M	USD	1 Quarter
Foreign currency translation adjustment, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-11.33M	USD	1 Quarter
Net income	`NetIncomeLoss`	$930.73M	USD	3 Qtrs
Foreign currency translation adjustments, net of income taxes in 2022 $33,843 and $73,892; 2021 $11,328 and $25,494, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-248.76M	USD	3 Qtrs
Net investment hedge, tax	`GainLossonDerivativeUsedinNetInvestmentHedgeTax`	$-1.38M	USD	1 Quarter
Foreign currency translation adjustments, net of income taxes in 2022 $33,843 and $73,892; 2021 $11,328 and $25,494, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-131.81M	USD	1 Quarter
Foreign currency translation adjustments, net of income taxes in 2022 $33,843 and $73,892; 2021 $11,328 and $25,494, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-82.57M	USD	1 Quarter
Foreign currency translation adjustments, net of income taxes in 2022 $33,843 and $73,892; 2021 $11,328 and $25,494, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-75.74M	USD	3 Qtrs
Net investment hedge, tax	`GainLossonDerivativeUsedinNetInvestmentHedgeTax`	$-4.15M	USD	3 Qtrs
Net investment hedge, tax	`GainLossonDerivativeUsedinNetInvestmentHedgeTax`	$-4.15M	USD	3 Qtrs
Net investment hedge, tax	`GainLossonDerivativeUsedinNetInvestmentHedgeTax`	$-1.38M	USD	1 Quarter
Cash flow hedge adjustments, net of income taxes in 2022 $1,384 and $4,151 ; 2021 $1,384 and $4,151, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeandNetInvestmentHedgeGainLossafterReclassificationandTax`	$3.74M	USD	1 Quarter
Pension and postretirement benefit adjustments, tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-10.28M	USD	3 Qtrs
Cash flow hedge adjustments, net of income taxes in 2022 $1,384 and $4,151 ; 2021 $1,384 and $4,151, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeandNetInvestmentHedgeGainLossafterReclassificationandTax`	$3.74M	USD	1 Quarter
Pension and postretirement benefit adjustments, tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-3.42M	USD	1 Quarter
Pension and postretirement benefit adjustments, tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-2.58M	USD	1 Quarter
Pension and postretirement benefit adjustments, tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-7.74M	USD	3 Qtrs
Cash flow hedge adjustments, net of income taxes in 2022 $1,384 and $4,151 ; 2021 $1,384 and $4,151, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeandNetInvestmentHedgeGainLossafterReclassificationandTax`	$11.22M	USD	3 Qtrs
Cash flow hedge adjustments, net of income taxes in 2022 $1,384 and $4,151 ; 2021 $1,384 and $4,151, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeandNetInvestmentHedgeGainLossafterReclassificationandTax`	$11.22M	USD	3 Qtrs
Pension and postretirement benefit adjustments, net of income taxes in 2022 $2,576 and $7,736; 2021 $3,425 and $10,280, respectively	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-20.96M	USD	3 Qtrs
Pension and postretirement benefit adjustments, net of income taxes in 2022 $2,576 and $7,736; 2021 $3,425 and $10,280, respectively	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-6.98M	USD	1 Quarter
Pension and postretirement benefit adjustments, net of income taxes in 2022 $2,576 and $7,736; 2021 $3,425 and $10,280, respectively	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-27.93M	USD	3 Qtrs
Pension and postretirement benefit adjustments, net of income taxes in 2022 $2,576 and $7,736; 2021 $3,425 and $10,280, respectively	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-9.30M	USD	1 Quarter
Other comprehensive loss, net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-216.58M	USD	3 Qtrs
Other comprehensive loss, net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-69.53M	USD	1 Quarter
Other comprehensive loss, net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-36.58M	USD	3 Qtrs
Other comprehensive loss, net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-121.09M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$714.15M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$191.27M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$606.21M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$159.05M	USD	1 Quarter

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