10-Q Filing

LAM RESEARCH CORP CIK: 707549 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0000707549-22-000124`
Period End Date	20220930
Filing Date	20221024
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	lrcx-20220925_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 81 Income Statement 30 Cash Flow Statement 67 Stockholders Equity 26 Comprehensive Income 22

Balance Sheet 81 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.54M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.61M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.04B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.26B	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`	$3.52B	USD	Point-in-time
Investments	`Investments`	$135.73M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Investments	`Investments`	$120.55M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, less allowance of $5,536 as of September 25, 2022, and $5,606 as of June 26, 2022	`AccountsReceivableNetCurrent`	$4.31B	USD	Point-in-time
Accounts receivable, less allowance of $5,536 as of September 25, 2022, and $5,606 as of June 26, 2022	`AccountsReceivableNetCurrent`	$4.57B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories	`InventoryNet`	$3.97B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories	`InventoryNet`	$4.36B	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$305.55M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$347.39M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$12.29B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	136.97M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$13.61B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	136.37M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$1.65B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$1.72B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	136.37M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	136.97M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	157.09M	shares	Point-in-time
Restricted cash and investments	`RestrictedCashAndInvestmentsNoncurrent`	$251.53M	USD	Point-in-time
Restricted cash and investments	`RestrictedCashAndInvestmentsNoncurrent`	$250.96M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	157.77M	shares	Point-in-time
Goodwill	`Goodwill`	$1.52B	USD	Point-in-time
Goodwill	`Goodwill`	$1.51B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$101.85M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$110.39M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.51B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.39B	USD	Point-in-time
Total assets	`Assets`	$17.20B	USD	Point-in-time
Total assets	`Assets`	$18.72B	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$1.01B	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$1.15B	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$1.95B	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$1.97B	USD	Point-in-time
Deferred profit	`ContractWithCustomerLiabilityCurrent`	$1.57B	USD	Point-in-time
Deferred profit	`ContractWithCustomerLiabilityCurrent`	$1.95B	USD	Point-in-time
Current portion of long-term debt and finance lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$7.11M	USD	Point-in-time
Current portion of long-term debt and finance lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$7.38M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.05B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.56B	USD	Point-in-time
Long-term debt and finance lease obligations, less current portion	`LongTermDebtAndCapitalLeaseObligations`	$5.00B	USD	Point-in-time
Long-term debt and finance lease obligations, less current portion	`LongTermDebtAndCapitalLeaseObligations`	$5.00B	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesNoncurrent`	$840.21M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesNoncurrent`	$931.12M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$418.76M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$422.94M	USD	Point-in-time
Total liabilities	`Liabilities`	$11.31B	USD	Point-in-time
Total liabilities	`Liabilities`	$10.92B	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 25, 2022 and June 26, 2022; issued and outstanding, 136,374 shares as of September 25, 2022, and 136,975 shares as of June 26, 2022	`CommonStockValue`	$136.00K	USD	Point-in-time
Common stock, at par value of $0.001 per share; authorized, 400,000 shares as of September 25, 2022 and June 26, 2022; issued and outstanding, 136,374 shares as of September 25, 2022, and 136,975 shares as of June 26, 2022	`CommonStockValue`	$137.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$7.49B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$7.41B	USD	Point-in-time
Treasury stock, at cost; 157,773 shares as of September 25, 2022, and 157,087 shares as of June 26, 2022	`TreasuryStockCommonValue`	$19.48B	USD	Point-in-time
Treasury stock, at cost; 157,773 shares as of September 25, 2022, and 157,087 shares as of June 26, 2022	`TreasuryStockCommonValue`	$19.59B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-109.98M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-133.76M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$19.64B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$18.45B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$6.28B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.82B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$7.41B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$6.03B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$18.72B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$17.20B	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.30B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.07B	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$2.33B	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$2.74B	USD	1 Quarter
Gross margin	`GrossProfit`	$2.34B	USD	1 Quarter
Gross margin	`GrossProfit`	$1.98B	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$382.33M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$433.38M	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$222.19M	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$205.62M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$639.00M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$604.52M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.37B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.70B	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-28.86M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-43.09M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.34B	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.65B	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$228.87M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$163.63M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.43B	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`	$10.42	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$10.39	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$8.27	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	141.74M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	136.89M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	137.21M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	142.61M	shares	1 Quarter

Cash Flow Statement 67 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$1.43B	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.18B	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$79.87M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$75.75M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-13.02M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-133.62M	USD	1 Quarter
Equity-based compensation expense	`ShareBasedCompensation`	$71.11M	USD	1 Quarter
Equity-based compensation expense	`ShareBasedCompensation`	$58.10M	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$8.69M	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$2.75M	USD	1 Quarter
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$838.48M	USD	1 Quarter
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$246.78M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$457.52M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.19B	USD	1 Quarter
Capital expenditures and intangible assets	`PaymentsToAcquireProductiveAssets`	$140.06M	USD	1 Quarter
Capital expenditures and intangible assets	`PaymentsToAcquireProductiveAssets`	$136.43M	USD	1 Quarter
Purchases of available-for-sale securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	-	USD	1 Quarter
Purchases of available-for-sale securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$25.30M	USD	1 Quarter
Proceeds from maturities of available-for-sales securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$14.70M	USD	1 Quarter
Proceeds from maturities of available-for-sales securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$106.84M	USD	1 Quarter
Proceeds from sales of available-for-sale securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	1 Quarter
Proceeds from sales of available-for-sale securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$656.50M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$2.44M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$4.92M	USD	1 Quarter
Net cash (used for) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-127.80M	USD	1 Quarter
Net cash (used for) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$596.69M	USD	1 Quarter
Principal payments on debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$1.85M	USD	1 Quarter
Principal payments on debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$6.34M	USD	1 Quarter
Treasury stock purchases	`PaymentsForRepurchaseOfCommonStock`	$1.24B	USD	1 Quarter
Treasury stock purchases	`PaymentsForRepurchaseOfCommonStock`	$109.78M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$185.43M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$205.62M	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$6.80M	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$742.00K	USD	1 Quarter
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-489.00K	USD	1 Quarter
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$188.00K	USD	1 Quarter
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-310.94M	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`	$-16.93M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-3.78M	USD	1 Quarter
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$733.92M	USD	1 Quarter
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-377.15M	USD	1 Quarter
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.77B	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`	$4.51B	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`	$3.77B	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`	$4.51B	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`	$88.00K	USD	1 Quarter
Accrued payables for stock repurchases	`LiabilitiesAssumed1`	$126.00K	USD	1 Quarter
Accrued payables for capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$79.17M	USD	1 Quarter
Accrued payables for capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$66.12M	USD	1 Quarter
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$211.22M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$235.98M	USD	Point-in-time
Transfers of finished goods inventory to property and equipment	`TransferOfInventoryToPropertyAndEquipmentNet`	$20.80M	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`	$4.26B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.52B	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalents`	$250.96M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalents`	$251.45M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.77B	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`	$4.51B	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.29B	USD	Point-in-time

Stockholders Equity 26 line items

Line Item	Tag	Value	Unit	Period
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.73	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.50	USD	1 Quarter
Beginning balance (in shares)	`CommonStockSharesOutstanding`	136.37M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	136.97M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$6.28B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$5.82B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$7.41B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$6.03B	USD	Point-in-time
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$742.00K	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$6.80M	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$1.22B	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$109.82M	USD	1 Quarter
Equity-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$71.11M	USD	1 Quarter
Equity-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$58.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.43B	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.18B	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-17.64M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-23.78M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$235.98M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$211.22M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	136.37M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	136.97M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$6.28B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$5.82B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$7.41B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$6.03B	USD	Point-in-time

Comprehensive Income 22 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$1.43B	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.18B	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-33.61M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-4.03M	USD	1 Quarter
Net unrealized gains (losses) during the period	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$18.80M	USD	1 Quarter
Net unrealized gains (losses) during the period	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-9.01M	USD	1 Quarter
Net gains reclassified into net income	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$3.54M	USD	1 Quarter
Net gains reclassified into net income	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$9.30M	USD	1 Quarter
Net change	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-12.55M	USD	1 Quarter
Net change	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$9.51M	USD	1 Quarter
Net unrealized gains (losses) during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$80.00K	USD	1 Quarter
Net unrealized gains (losses) during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-2.40M	USD	1 Quarter
Net (gains) losses reclassified into net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$53.00K	USD	1 Quarter
Net (gains) losses reclassified into net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-1.15M	USD	1 Quarter
Net change	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.26M	USD	1 Quarter
Net change	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$27.00K	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`	$293.00K	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-17.64M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-23.78M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.16B	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.40B	USD	1 Quarter

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