10-Q Filing

LAM RESEARCH CORP CIK: 707549 Q1 2024

Filing Information

Form Type	10-Q
Accession Number	`0000707549-23-000115`
Period End Date	20230930
Filing Date	20231023
Fiscal Year	2024
Fiscal Period	Q1
XBRL Instance	lrcx-20230924_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 79 Income Statement 36 Cash Flow Statement 63 Stockholders Equity 26 Comprehensive Income 22

Balance Sheet 79 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.34M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.25M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.34B	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`	$5.13B	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Investments	`Investments`	$37.64M	USD	Point-in-time
Investments	`Investments`	$30.56M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Accounts receivable, less allowance of $5,255 as of September 24, 2023, and $5,344 as of June 25, 2023	`AccountsReceivableNetCurrent`	$2.82B	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 $5,255 as of September 24, 2023, and $5,344 as of June 25, 2023	`AccountsReceivableNetCurrent`	$2.81B	USD	Point-in-time
Inventories	`InventoryNet`	$4.82B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories	`InventoryNet`	$4.75B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$278.12M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$214.15M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$12.99B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	132.07M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$13.23B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	133.30M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$1.86B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$2.11B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	132.07M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	133.30M	shares	Point-in-time
Goodwill	`Goodwill`	$1.62B	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	162.65M	shares	Point-in-time
Goodwill	`Goodwill`	$1.63B	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	161.38M	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$157.62M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$168.45M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.91B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.65B	USD	Point-in-time
Total assets	`Assets`	$18.78B	USD	Point-in-time
Total assets	`Assets`	$18.54B	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$528.16M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$470.70M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$2.12B	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$2.01B	USD	Point-in-time
Deferred profit	`ContractWithCustomerLiabilitiesNetCurrent`	$1.70B	USD	Point-in-time
Deferred profit	`ContractWithCustomerLiabilitiesNetCurrent`	$1.60B	USD	Point-in-time
Current portion of long-term debt and finance lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$8.36M	USD	Point-in-time
Current portion of long-term debt and finance lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$3.86M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.18B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.25B	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`	$4.98B	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesNoncurrent`	$882.08M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesNoncurrent`	$780.51M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$501.29M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$482.98M	USD	Point-in-time
Total liabilities	`Liabilities`	$10.49B	USD	Point-in-time
Total liabilities	`Liabilities`	$10.57B	USD	Point-in-time
Commitments and contingencies (refer to Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (refer to Note 13)	`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 24, 2023 and June 25, 2023; issued and outstanding, 132,072 shares as of September 24, 2023, and 133,297 shares as of June 25, 2023	`CommonStockValue`	$132.00K	USD	Point-in-time
Common stock, at par value of $0.001 per share; authorized, 400,000 shares as of September 24, 2023 and June 25, 2023; issued and outstanding, 132,072 shares as of September 24, 2023, and 133,297 shares as of June 25, 2023	`CommonStockValue`	$133.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$7.81B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$7.88B	USD	Point-in-time
Treasury stock, at cost; 162,646 shares as of September 24, 2023, and 161,380 shares as of June 25, 2023	`TreasuryStockCommonValue`	$22.37B	USD	Point-in-time
Treasury stock, at cost; 162,646 shares as of September 24, 2023, and 161,380 shares as of June 25, 2023	`TreasuryStockCommonValue`	$21.53B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-121.35M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-100.71M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$22.66B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$22.03B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$8.21B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$7.41B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$8.05B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$6.28B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$18.78B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$18.54B	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.07B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.48B	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSoldExcludingRestructuringCharges`	$2.74B	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSoldExcludingRestructuringCharges`	$1.82B	USD	1 Quarter
Restructuring charges, net - cost of goods sold	`RestructuringChargesCostOfGoodsNet`	-	USD	1 Quarter
Restructuring charges, net - cost of goods sold	`RestructuringChargesCostOfGoodsNet`	$7.94M	USD	1 Quarter
Total cost of goods sold	`CostOfGoodsAndServicesSold`	$1.83B	USD	1 Quarter
Total cost of goods sold	`CostOfGoodsAndServicesSold`	$2.74B	USD	1 Quarter
Gross margin	`GrossProfit`	$2.34B	USD	1 Quarter
Gross margin	`GrossProfit`	$1.65B	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$422.63M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$433.38M	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$207.02M	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$205.62M	USD	1 Quarter
Restructuring charges, net - operating expenses	`RestructuringChargesOperatingExpenseNet`	$2.02M	USD	1 Quarter
Restructuring charges, net - operating expenses	`RestructuringChargesOperatingExpenseNet`	-	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$631.67M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$639.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.02B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.70B	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$2.60M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-43.09M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.65B	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.03B	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$138.23M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$228.87M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.43B	USD	1 Quarter
Net income	`NetIncomeLoss`	$887.40M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$6.69	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$10.42	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$6.66	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$10.39	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	132.58M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	136.89M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	133.17M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	137.21M	shares	1 Quarter

Cash Flow Statement 63 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$1.43B	USD	1 Quarter
Net income	`NetIncomeLoss`	$887.40M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$75.75M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$90.48M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-133.62M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-24.24M	USD	1 Quarter
Equity-based compensation expense	`ShareBasedCompensation`	$71.11M	USD	1 Quarter
Equity-based compensation expense	`ShareBasedCompensation`	$67.21M	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$2.75M	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$150.00K	USD	1 Quarter
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$69.54M	USD	1 Quarter
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$246.78M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.19B	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$951.16M	USD	1 Quarter
Capital expenditures and intangible assets	`PaymentsToAcquireProductiveAssets`	$76.99M	USD	1 Quarter
Capital expenditures and intangible assets	`PaymentsToAcquireProductiveAssets`	$140.06M	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`	$7.28M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$4.97M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$2.44M	USD	1 Quarter
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-74.68M	USD	1 Quarter
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-127.80M	USD	1 Quarter
Principal payments on debt, including finance lease obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$253.11M	USD	1 Quarter
Principal payments on debt, including finance lease obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$1.85M	USD	1 Quarter
Treasury stock purchases	`PaymentsForRepurchaseOfCommonStock`	$109.78M	USD	1 Quarter
Treasury stock purchases	`PaymentsForRepurchaseOfCommonStock`	$843.24M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$230.33M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$205.62M	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$2.82M	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$6.80M	USD	1 Quarter
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.15M	USD	1 Quarter
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-489.00K	USD	1 Quarter
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.33B	USD	1 Quarter
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-310.94M	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`	$-11.03M	USD	1 Quarter
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$733.92M	USD	1 Quarter
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-460.56M	USD	1 Quarter
Cash, cash equivalents, and restricted cash at beginning of period (1)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.51B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period (1)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.59B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period (1)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.13B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period (1)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.77B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period (1)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.51B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period (1)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.59B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period (1)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.13B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period (1)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.77B	USD	Point-in-time
Accrued payables for stock repurchases	`LiabilitiesAssumed1`	$37.77M	USD	1 Quarter
Accrued payables for stock repurchases	`LiabilitiesAssumed1`	$88.00K	USD	1 Quarter
Accrued payables for capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$38.67M	USD	1 Quarter
Accrued payables for capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$79.17M	USD	1 Quarter
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$235.98M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$265.04M	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`	$18.01M	USD	1 Quarter
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.34B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.26B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.13B	USD	Point-in-time
Restricted cash and cash equivalents (1)	`RestrictedCashAndCashEquivalents`	$250.96M	USD	Point-in-time
Restricted cash and cash equivalents (1)	`RestrictedCashAndCashEquivalents`	$659.00K	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`	$5.59B	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.13B	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.77B	USD	Point-in-time

Stockholders Equity 26 line items

Line Item	Tag	Value	Unit	Period
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$2.00	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.73	USD	1 Quarter
Beginning balance (in shares)	`CommonStockSharesOutstanding`	132.07M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	133.30M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$8.21B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$7.41B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$8.05B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$6.28B	USD	Point-in-time
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$6.80M	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$2.82M	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$835.52M	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`	$67.21M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.43B	USD	1 Quarter
Net income	`NetIncomeLoss`	$887.40M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-23.78M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-20.64M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$264.11M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$235.98M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	132.07M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	133.30M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$8.21B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$7.41B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$8.05B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$6.28B	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`	$887.40M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-20.68M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-33.61M	USD	1 Quarter
Net unrealized gains during the period	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$8.60M	USD	1 Quarter
Net unrealized gains during the period	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$18.80M	USD	1 Quarter
Net gains reclassified into net income	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$9.30M	USD	1 Quarter
Net gains reclassified into net income	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$8.92M	USD	1 Quarter
Net change	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-319.00K	USD	1 Quarter
Net change	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$9.51M	USD	1 Quarter
Net unrealized gains during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$182.00K	USD	1 Quarter
Net unrealized gains during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$80.00K	USD	1 Quarter
Net gains reclassified into net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$53.00K	USD	1 Quarter
Net gains reclassified into net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$10.00K	USD	1 Quarter
Net change	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$172.00K	USD	1 Quarter
Net change	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$27.00K	USD	1 Quarter
Defined benefit plans, net change in unrealized component	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$293.00K	USD	1 Quarter
Defined benefit plans, net change in unrealized component	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$181.00K	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-23.78M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-20.64M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$866.75M	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.