10-Q Filing

LAM RESEARCH CORP CIK: 707549 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0000707549-21-000155`
Period End Date	20210930
Filing Date	20211026
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	lrcx-20210926_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 81 Income Statement 30 Cash Flow Statement 67 Stockholders Equity 24 Comprehensive Income 22

Balance Sheet 81 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.25M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.36M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.04B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.42B	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.13B	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Investments	`Investments`	$1.31B	USD	Point-in-time
Investments	`Investments`	$569.47M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, less allowance of $5,361 as of September 26, 2021, and $5,255 as of June 27, 2021	`AccountsReceivableNetCurrent`	$3.03B	USD	Point-in-time
Accounts receivable, less allowance of $5,361 as of September 26, 2021, and $5,255 as of June 27, 2021	`AccountsReceivableNetCurrent`	$3.40B	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories	`InventoryNet`	$2.69B	USD	Point-in-time
Inventories	`InventoryNet`	$2.87B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$207.53M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$263.74M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	142.50M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$11.65B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$11.14B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	140.81M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$1.30B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	140.81M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	142.50M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$1.37B	USD	Point-in-time
Restricted cash and investments	`RestrictedCashAndInvestmentsNoncurrent`	$251.45M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	152.50M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	150.77M	shares	Point-in-time
Restricted cash and investments	`RestrictedCashAndInvestmentsNoncurrent`	$252.49M	USD	Point-in-time
Goodwill	`Goodwill`	$1.49B	USD	Point-in-time
Goodwill	`Goodwill`	$1.49B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$132.37M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$125.01M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.18B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.06B	USD	Point-in-time
Total assets	`Assets`	$15.89B	USD	Point-in-time
Total assets	`Assets`	$15.57B	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$829.71M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$837.71M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$1.63B	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$1.72B	USD	Point-in-time
Deferred profit	`ContractWithCustomerLiabilityCurrent`	$931.41M	USD	Point-in-time
Deferred profit	`ContractWithCustomerLiabilityCurrent`	$967.33M	USD	Point-in-time
Current portion of long-term debt and finance lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$11.35M	USD	Point-in-time
Current portion of long-term debt and finance lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$6.37M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.53B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.41B	USD	Point-in-time
Long-term debt and finance lease obligations, less current portion	`LongTermDebtAndCapitalLeaseObligations`	$4.99B	USD	Point-in-time
Long-term debt and finance lease obligations, less current portion	`LongTermDebtAndCapitalLeaseObligations`	$4.99B	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesNoncurrent`	$881.33M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesNoncurrent`	$948.04M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$398.73M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$466.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$9.75B	USD	Point-in-time
Total liabilities	`Liabilities`	$9.86B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, at par value of $0.001 per share; authorized, 5,000 shares, none outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, at par value of $0.001 per share; authorized, 5,000 shares, none outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, at par value of $0.001 per share; authorized, 400,000 shares as of September 26, 2021 and June 27, 2021; issued and outstanding, 140,811 shares as of September 26, 2021, and 142,501 shares as of June 27, 2021	`CommonStockValue`	$141.00K	USD	Point-in-time
Common stock, at par value of $0.001 per share; authorized, 400,000 shares as of September 26, 2021 and June 27, 2021; issued and outstanding, 140,811 shares as of September 26, 2021, and 142,501 shares as of June 27, 2021	`CommonStockValue`	$143.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$7.05B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$7.11B	USD	Point-in-time
Treasury stock, at cost; 152,503 shares as of September 26, 2021, and 150,766 shares as of June 27, 2021	`TreasuryStockValue`	$15.65B	USD	Point-in-time
Treasury stock, at cost; 152,503 shares as of September 26, 2021, and 150,766 shares as of June 27, 2021	`TreasuryStockValue`	$16.86B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-81.77M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-64.13M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$14.68B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$15.65B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.82B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.17B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$6.03B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.42B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$15.57B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$15.89B	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.18B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.30B	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$2.33B	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$1.67B	USD	1 Quarter
Gross margin	`GrossProfit`	$1.98B	USD	1 Quarter
Gross margin	`GrossProfit`	$1.51B	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$355.37M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$382.33M	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$189.75M	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$222.19M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$604.52M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$545.12M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$961.06M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.37B	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-38.79M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-28.86M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.34B	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$922.27M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$163.63M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$98.82M	USD	1 Quarter
Net income	`NetIncomeLoss`	$823.45M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.18B	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$8.32	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$5.67	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$8.27	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$5.59	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	141.74M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	145.27M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	142.61M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	147.25M	shares	1 Quarter

Cash Flow Statement 67 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$823.45M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.18B	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$72.91M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$79.87M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-13.02M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-1.85M	USD	1 Quarter
Equity-based compensation expense	`ShareBasedCompensation`	$55.99M	USD	1 Quarter
Equity-based compensation expense	`ShareBasedCompensation`	$58.10M	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$-4.34M	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$8.69M	USD	1 Quarter
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$838.48M	USD	1 Quarter
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$312.33M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$457.52M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$642.51M	USD	1 Quarter
Capital expenditures and intangible assets	`PaymentsToAcquireProductiveAssets`	$136.43M	USD	1 Quarter
Capital expenditures and intangible assets	`PaymentsToAcquireProductiveAssets`	$62.81M	USD	1 Quarter
Purchases of available-for-sale securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.75B	USD	1 Quarter
Purchases of available-for-sale securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$25.30M	USD	1 Quarter
Maturities of available-for-sales securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$597.25M	USD	1 Quarter
Maturities of available-for-sales securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$106.84M	USD	1 Quarter
Sales of available-for-sale securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$656.50M	USD	1 Quarter
Sales of available-for-sale securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$415.86M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$4.92M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$1.79M	USD	1 Quarter
Net cash provided by (used for) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$596.69M	USD	1 Quarter
Net cash provided by (used for) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-801.67M	USD	1 Quarter
Principal payments on debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$19.17M	USD	1 Quarter
Principal payments on debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$6.34M	USD	1 Quarter
Treasury stock purchases	`PaymentsForRepurchaseOfCommonStock`	$448.58M	USD	1 Quarter
Treasury stock purchases	`PaymentsForRepurchaseOfCommonStock`	$1.24B	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$167.13M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$185.43M	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$5.54M	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$742.00K	USD	1 Quarter
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.14M	USD	1 Quarter
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$188.00K	USD	1 Quarter
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-631.49M	USD	1 Quarter
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.43B	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.08M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-3.78M	USD	1 Quarter
Net decrease in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-377.15M	USD	1 Quarter
Net decrease in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-786.56M	USD	1 Quarter
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.17B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.38B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.67B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.29B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.17B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.38B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.67B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.29B	USD	Point-in-time
Accrued payables for stock repurchases	`LiabilitiesAssumed1`	$18.60M	USD	1 Quarter
Accrued payables for stock repurchases	`LiabilitiesAssumed1`	$126.00K	USD	1 Quarter
Accrued payables for capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$66.12M	USD	1 Quarter
Accrued payables for capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$37.73M	USD	1 Quarter
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$188.05M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$211.22M	USD	Point-in-time
Transfers of finished goods inventory to property and equipment	`TransferOfInventoryToPropertyAndEquipmentNet`	$29.02M	USD	1 Quarter
Transfers of finished goods inventory to property and equipment	`TransferOfInventoryToPropertyAndEquipmentNet`	$15.52M	USD	1 Quarter
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.04B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.42B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.13B	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalents`	$253.46M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalents`	$251.45M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.17B	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.38B	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.67B	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.29B	USD	Point-in-time

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.50	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.30	USD	1 Quarter
Beginning balance	`StockholdersEquity`	$5.82B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$5.17B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$6.03B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$5.42B	USD	Point-in-time
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$742.00K	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$5.54M	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$1.22B	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$467.10M	USD	1 Quarter
Equity-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$55.99M	USD	1 Quarter
Equity-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$58.10M	USD	1 Quarter
Effect of conversion of convertible notes	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	$-526.00K	USD	1 Quarter
Reclassification from temporary to permanent equity	`ReclassificationsOfTemporaryEquityToPermanentEquityConvertibleNotes`	$4.69M	USD	1 Quarter
Net income	`NetIncomeLoss`	$823.45M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.18B	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-17.64M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$11.54M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$211.22M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$188.05M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$5.82B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$5.17B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$6.03B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$5.42B	USD	Point-in-time

Comprehensive Income 22 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$823.45M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.18B	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$12.12M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-4.03M	USD	1 Quarter
Net unrealized losses during the period	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-9.01M	USD	1 Quarter
Net unrealized losses during the period	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-350.00K	USD	1 Quarter
Net (gains) losses reclassified into net income	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$3.54M	USD	1 Quarter
Net (gains) losses reclassified into net income	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-767.00K	USD	1 Quarter
Net change	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$417.00K	USD	1 Quarter
Net change	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-12.55M	USD	1 Quarter
Net unrealized losses during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.40M	USD	1 Quarter
Net unrealized losses during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-2.40M	USD	1 Quarter
Net losses reclassified into net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-1.15M	USD	1 Quarter
Net losses reclassified into net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-402.00K	USD	1 Quarter
Net change	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-998.00K	USD	1 Quarter
Net change	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.26M	USD	1 Quarter
Defined benefit plans, net change in unrealized component	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$199.00K	USD	1 Quarter
Defined benefit plans, net change in unrealized component	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$-4.00K	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-17.64M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$11.54M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.16B	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$834.99M	USD	1 Quarter

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