10-Q Filing

L3HARRIS TECHNOLOGIES, INC. /DE/ CIK: 202058 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0000202058-19-000023`
Period End Date	20181231
Filing Date	20190130
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	hrs-20181228.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 82 Cash Flow Statement 62 Stockholders Equity 44 Comprehensive Income 26

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Preferred shares, without par value (in dollars per share)	`PreferredStockNoParValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$343.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$422.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$484.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$288.00M	USD	Point-in-time
Preferred shares, without par value (in dollars per share)	`PreferredStockNoParValue`	-	USD	Point-in-time
Receivables	`ReceivablesNetCurrent`	$466.00M	USD	Point-in-time
Preferred shares, authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred shares, authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Receivables	`ReceivablesNetCurrent`	$494.00M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$829.00M	USD	Point-in-time
Preferred shares, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred shares, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$782.00M	USD	Point-in-time
Common shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Inventories	`InventoryNet`	$411.00M	USD	Point-in-time
Inventories	`InventoryNet`	$425.00M	USD	Point-in-time
Common shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$174.00M	USD	Point-in-time
Common shares, authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$102.00M	USD	Point-in-time
Common shares, authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$103.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$118.00M	USD	Point-in-time
Common shares, issued (in shares)	`CommonStockSharesIssued`	117.77M	shares	Point-in-time
Common shares, issued (in shares)	`CommonStockSharesIssued`	118.28M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.31B	USD	Point-in-time
Common shares, outstanding (in shares)	`CommonStockSharesOutstanding`	118.28M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.22B	USD	Point-in-time
Common shares, outstanding (in shares)	`CommonStockSharesOutstanding`	117.77M	shares	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentNet`	$900.00M	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentNet`	$901.00M	USD	Point-in-time
Goodwill	`Goodwill`	$5.37B	USD	Point-in-time
Goodwill	`Goodwill`	$5.37B	USD	Point-in-time
Other intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$930.00M	USD	Point-in-time
Other intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$989.00M	USD	Point-in-time
Non-current deferred income taxes	`DeferredIncomeTaxAssetsNet`	$99.00M	USD	Point-in-time
Non-current deferred income taxes	`DeferredIncomeTaxAssetsNet`	$119.00M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$241.00M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$247.00M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$7.54B	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$7.63B	USD	Point-in-time
Total assets	`Assets`	$9.85B	USD	Point-in-time
Total assets	`Assets`	$9.85B	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$103.00M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$78.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$521.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$622.00M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$479.00M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$372.00M	USD	Point-in-time
Compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$142.00M	USD	Point-in-time
Compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$128.00M	USD	Point-in-time
Other accrued items	`OtherAccruedLiabilitiesCurrent`	$275.00M	USD	Point-in-time
Other accrued items	`OtherAccruedLiabilitiesCurrent`	$317.00M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$15.00M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$11.00M	USD	Point-in-time
Current portion of long-term debt, net	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$304.00M	USD	Point-in-time
Current portion of long-term debt, net	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$305.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.85B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.82B	USD	Point-in-time
Defined benefit plans	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$635.00M	USD	Point-in-time
Defined benefit plans	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$714.00M	USD	Point-in-time
Long-term debt, net	`LongTermDebtAndCapitalLeaseObligations`	$3.41B	USD	Point-in-time
Long-term debt, net	`LongTermDebtAndCapitalLeaseObligations`	$3.41B	USD	Point-in-time
Non-current deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$60.00M	USD	Point-in-time
Non-current deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$79.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$522.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$512.00M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$4.72B	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$4.62B	USD	Point-in-time
Preferred stock, without par value; 1,000,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, without par value; 1,000,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $1.00 par value; 500,000,000 shares authorized; issued and outstanding 117,774,474 shares at December 28, 2018 and 118,280,120 shares at June 29, 2018	`CommonStockValue`	$118.00M	USD	Point-in-time
Common stock, $1.00 par value; 500,000,000 shares authorized; issued and outstanding 117,774,474 shares at December 28, 2018 and 118,280,120 shares at June 29, 2018	`CommonStockValue`	$118.00M	USD	Point-in-time
Other capital	`AdditionalPaidInCapitalCommonStock`	$1.71B	USD	Point-in-time
Other capital	`AdditionalPaidInCapitalCommonStock`	$1.68B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.82B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.65B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-202.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-211.00M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.28B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.24B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.41B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$2.96B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$2.90B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$2.96B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$9.85B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$9.85B	USD	Point-in-time

Income Statement 82 line items

Line Item	Tag	Value	Unit	Period
Revenue from product sales and services	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.21B	USD	2 Qtrs
Revenue from product sales and services	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.53B	USD	1 Quarter
Revenue from product sales and services	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.94B	USD	2 Qtrs
Revenue from product sales and services	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.67B	USD	1 Quarter
Cost of product sales and services	`CostOfGoodsAndServicesSold`	$2.10B	USD	2 Qtrs
Cost of product sales and services	`CostOfGoodsAndServicesSold`	$1.94B	USD	2 Qtrs
Cost of product sales and services	`CostOfGoodsAndServicesSold`	$1.09B	USD	1 Quarter
Cost of product sales and services	`CostOfGoodsAndServicesSold`	$1.02B	USD	1 Quarter
Engineering, selling and administrative expenses	`OperatingExpenses`	$304.00M	USD	1 Quarter
Engineering, selling and administrative expenses	`OperatingExpenses`	$583.00M	USD	2 Qtrs
Engineering, selling and administrative expenses	`OperatingExpenses`	$559.00M	USD	2 Qtrs
Engineering, selling and administrative expenses	`OperatingExpenses`	$291.00M	USD	1 Quarter
Non-operating income	`NonoperatingIncomeExpense`	$44.00M	USD	1 Quarter
Non-operating income	`NonoperatingIncomeExpense`	$94.00M	USD	2 Qtrs
Non-operating income	`NonoperatingIncomeExpense`	$90.00M	USD	2 Qtrs
Non-operating income	`NonoperatingIncomeExpense`	$47.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.00M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	-	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.00M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$43.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$42.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$87.00M	USD	2 Qtrs
Interest expense	`InterestExpense`	$83.00M	USD	2 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$271.00M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$225.00M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$453.00M	USD	2 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$528.00M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$46.00M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$94.00M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$87.00M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$157.00M	USD	2 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$296.00M	USD	2 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$441.00M	USD	2 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$131.00M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$225.00M	USD	1 Quarter
Discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-3.00M	USD	2 Qtrs
Discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	1 Quarter
Discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-6.00M	USD	2 Qtrs
Discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	1 Quarter
Net income	`NetIncomeLoss`	$225.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$213.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$438.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$290.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$131.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$159.00M	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.10	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$2.49	USD	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$3.74	USD	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.91	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.06	USD	2 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.03	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.71	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.43	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.91	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.10	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$2.44	USD	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.08	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.88	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$3.66	USD	2 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.05	USD	2 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.02	USD	2 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.01	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.08	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.39	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.87	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.64	USD	2 Qtrs
Cash dividends paid per common share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$1.37	USD	2 Qtrs
Cash dividends paid per common share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$1.14	USD	2 Qtrs
Cash dividends paid per common share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.57	USD	1 Quarter
Cash dividends paid per common share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.69	USD	1 Quarter
Basic weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	117.80M	shares	2 Qtrs
Basic weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	118.50M	shares	1 Quarter
Basic weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	118.80M	shares	2 Qtrs
Basic weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	117.70M	shares	1 Quarter
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	121.10M	shares	2 Qtrs
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	120.30M	shares	2 Qtrs
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	120.90M	shares	1 Quarter
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	120.00M	shares	1 Quarter

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$225.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$213.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$438.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$290.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$131.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$159.00M	USD	1 Quarter
Amortization of acquisition-related intangibles	`AmortizationOfIntangibleAssetsFromAcquisition`	$58.00M	USD	2 Qtrs
Amortization of acquisition-related intangibles	`AmortizationOfIntangibleAssetsFromAcquisition`	$58.00M	USD	2 Qtrs
Depreciation and other amortization	`DepreciationAndAmortization`	$72.00M	USD	2 Qtrs
Depreciation and other amortization	`DepreciationAndAmortization`	$71.00M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$70.00M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$24.00M	USD	2 Qtrs
Pension income	`PensionExpenseReversalOfExpenseNoncash`	$-68.00M	USD	2 Qtrs
Pension income	`PensionExpenseReversalOfExpenseNoncash`	$-68.00M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$14.00M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$28.00M	USD	2 Qtrs
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$47.00M	USD	2 Qtrs
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$84.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$23.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$14.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-101.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-78.00M	USD	2 Qtrs
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$47.00M	USD	2 Qtrs
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$107.00M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxes`	$76.00M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxes`	$216.00M	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$93.00M	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$67.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$469.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$373.00M	USD	2 Qtrs
Additions of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$43.00M	USD	2 Qtrs
Additions of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$67.00M	USD	2 Qtrs
Adjustment to proceeds from sales of businesses, net	`AdjustmentstoProceedsFromSaleofBusiness`	$2.00M	USD	2 Qtrs
Adjustment to proceeds from sales of businesses, net	`AdjustmentstoProceedsFromSaleofBusiness`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-45.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-67.00M	USD	2 Qtrs
Proceeds from borrowings	`ProceedsFromBorrowings`	$26.00M	USD	2 Qtrs
Proceeds from borrowings	`ProceedsFromBorrowings`	$248.00M	USD	2 Qtrs
Repayments of borrowings	`RepaymentsOfUnsecuredDebt`	$363.00M	USD	2 Qtrs
Repayments of borrowings	`RepaymentsOfUnsecuredDebt`	$3.00M	USD	2 Qtrs
Proceeds from exercises of employee stock options	`ProceedsFromStockOptionsExercised`	$18.00M	USD	2 Qtrs
Proceeds from exercises of employee stock options	`ProceedsFromStockOptionsExercised`	$18.00M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$150.00M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$200.00M	USD	2 Qtrs
Cash dividends	`PaymentsOfDividendsCommonStock`	$137.00M	USD	2 Qtrs
Cash dividends	`PaymentsOfDividendsCommonStock`	$163.00M	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-10.00M	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-20.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-342.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-394.00M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$4.00M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-5.00M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$55.00M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-62.00M	USD	2 Qtrs
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$343.00M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$422.00M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$484.00M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$288.00M	USD	Point-in-time
Cash and cash equivalents, end of quarter	`CashAndCashEquivalentsAtCarryingValue`	$343.00M	USD	Point-in-time
Cash and cash equivalents, end of quarter	`CashAndCashEquivalentsAtCarryingValue`	$422.00M	USD	Point-in-time
Cash and cash equivalents, end of quarter	`CashAndCashEquivalentsAtCarryingValue`	$484.00M	USD	Point-in-time
Cash and cash equivalents, end of quarter	`CashAndCashEquivalentsAtCarryingValue`	$288.00M	USD	Point-in-time

Stockholders Equity 44 line items

Line Item	Tag	Value	Unit	Period
Cash dividends (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$1.37	USD	2 Qtrs
Cash dividends (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$1.14	USD	2 Qtrs
Cash dividends (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.57	USD	1 Quarter
Cash dividends (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.69	USD	1 Quarter
Beginning Balance	`StockholdersEquity`	$3.28B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$3.24B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$3.41B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$2.96B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$2.90B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$2.96B	USD	Point-in-time
Net income	`NetIncomeLoss`	$225.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$213.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$438.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$290.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$131.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$159.00M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-9.00M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$26.00M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-4.00M	USD	1 Quarter
Shares issued under stock incentive plans	`StockIssuedDuringPeriodValueStockOptionsExercisedAndAdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$2.00M	USD	1 Quarter
Shares issued under stock incentive plans	`StockIssuedDuringPeriodValueStockOptionsExercisedAndAdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$16.00M	USD	1 Quarter
Shares issued under stock incentive plans	`StockIssuedDuringPeriodValueStockOptionsExercisedAndAdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$14.00M	USD	1 Quarter
Shares issued under stock incentive plans	`StockIssuedDuringPeriodValueStockOptionsExercisedAndAdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$4.00M	USD	1 Quarter
Shares issued under defined contribution plans	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$17.00M	USD	1 Quarter
Shares issued under defined contribution plans	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$23.00M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.00M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.00M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.00M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.00M	USD	1 Quarter
Repurchases and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$122.00M	USD	1 Quarter
Repurchases and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$1.00M	USD	1 Quarter
Repurchases and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$218.00M	USD	1 Quarter
Repurchases and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$76.00M	USD	1 Quarter
Forward contract component of accelerated share repurchase	`AdjustmentstoAdditionalPaidinCapitalIncreaseDecreaseInForwardContractofAcceleratedShareRepurchaseProgram`	$38.00M	USD	1 Quarter
Cash dividends ($.685 and $.570 per share)	`DividendsCommonStockCash`	$69.00M	USD	1 Quarter
Cash dividends ($.685 and $.570 per share)	`DividendsCommonStockCash`	$82.00M	USD	1 Quarter
Cash dividends ($.685 and $.570 per share)	`DividendsCommonStockCash`	$68.00M	USD	1 Quarter
Cash dividends ($.685 and $.570 per share)	`DividendsCommonStockCash`	$81.00M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$3.28B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$3.24B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$3.41B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$2.96B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$2.90B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$2.96B	USD	Point-in-time

Comprehensive Income 26 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$225.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$213.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$438.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$290.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$131.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$159.00M	USD	1 Quarter
Foreign currency translation gain (loss), net of income taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-8.00M	USD	1 Quarter
Foreign currency translation gain (loss), net of income taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-4.00M	USD	1 Quarter
Foreign currency translation gain (loss), net of income taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-8.00M	USD	2 Qtrs
Foreign currency translation gain (loss), net of income taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$21.00M	USD	2 Qtrs
Net unrealized gain on hedging derivatives, net of income taxes	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Net unrealized gain on hedging derivatives, net of income taxes	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$1.00M	USD	2 Qtrs
Net unrealized gain on hedging derivatives, net of income taxes	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Net unrealized gain on hedging derivatives, net of income taxes	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$1.00M	USD	2 Qtrs
Net unrecognized loss on postretirement obligations, net of income taxes	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	2 Qtrs
Net unrecognized loss on postretirement obligations, net of income taxes	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Net unrecognized loss on postretirement obligations, net of income taxes	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$1.00M	USD	1 Quarter
Net unrecognized loss on postretirement obligations, net of income taxes	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$2.00M	USD	2 Qtrs
Other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.00M	USD	1 Quarter
Other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-9.00M	USD	1 Quarter
Other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$22.00M	USD	2 Qtrs
Other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-9.00M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$312.00M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$429.00M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$216.00M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$127.00M	USD	1 Quarter

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