10-Q Filing

LAM RESEARCH CORP CIK: 707549 Q2 2024

Filing Information

Form Type	10-Q
Accession Number	`0000707549-24-000016`
Period End Date	20231231
Filing Date	20240129
Fiscal Year	2024
Fiscal Period	Q2
XBRL Instance	lrcx-20231224_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 81 Income Statement 72 Cash Flow Statement 71 Stockholders Equity 48 Comprehensive Income 44

Balance Sheet 81 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.34M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.32M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.48B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.34B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.62B	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Investments	`Investments`	$14.72M	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
Accounts receivable, less allowance of $5,322 as of December 24, 2023, and $5,344 as of June 25, 2023	`AccountsReceivableNetCurrent`	$2.71B	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 $5,322 as of December 24, 2023, and $5,344 as of June 25, 2023	`AccountsReceivableNetCurrent`	$2.82B	USD	Point-in-time
Inventories	`InventoryNet`	$4.43B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories	`InventoryNet`	$4.82B	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$279.24M	USD	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
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	133.30M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$13.05B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	131.28M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$13.23B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$2.15B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	131.28M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$1.86B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	133.30M	shares	Point-in-time
Goodwill	`Goodwill`	$1.63B	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	161.38M	shares	Point-in-time
Goodwill	`Goodwill`	$1.62B	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	163.47M	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$151.08M	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`	$1.80B	USD	Point-in-time
Total assets	`Assets`	$18.78B	USD	Point-in-time
Total assets	`Assets`	$18.78B	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$470.70M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$499.70M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$1.98B	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$2.01B	USD	Point-in-time
Deferred profit	`ContractWithCustomerLiabilityCurrent`	$1.70B	USD	Point-in-time
Deferred profit	`ContractWithCustomerLiabilityCurrent`	$1.79B	USD	Point-in-time
Current portion of long-term debt and finance lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$3.78M	USD	Point-in-time
Current portion of long-term debt and finance lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$8.36M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.18B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.27B	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`	$797.56M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$511.43M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$501.29M	USD	Point-in-time
Total liabilities	`Liabilities`	$10.57B	USD	Point-in-time
Total liabilities	`Liabilities`	$10.56B	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 December 24, 2023 and June 25, 2023; issued and outstanding, 131,278 shares as of December 24, 2023, and 133,297 shares as of June 25, 2023	`CommonStockValue`	$133.00K	USD	Point-in-time
Common stock, at par value of $0.001 per share; authorized, 400,000 shares as of December 24, 2023 and June 25, 2023; issued and outstanding, 131,278 shares as of December 24, 2023, and 133,297 shares as of June 25, 2023	`CommonStockValue`	$131.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$8.00B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$7.81B	USD	Point-in-time
Treasury stock, at cost; 163,472 shares as of December 24, 2023, and 161,380 shares as of June 25, 2023	`TreasuryStockCommonValue`	$21.53B	USD	Point-in-time
Treasury stock, at cost; 163,472 shares as of December 24, 2023, and 161,380 shares as of June 25, 2023	`TreasuryStockCommonValue`	$23.00B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-117.69M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-100.71M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$22.03B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$23.35B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$8.22B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$8.30B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$7.41B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$8.21B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$6.28B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$8.05B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$18.78B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$18.78B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$10.35B	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.24B	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.76B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.28B	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSoldExcludingRestructuringCharges`	$1.99B	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSoldExcludingRestructuringCharges`	$3.81B	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSoldExcludingRestructuringCharges`	$2.90B	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSoldExcludingRestructuringCharges`	$5.64B	USD	2 Qtrs
Restructuring charges, net - cost of goods sold	`RestructuringChargesCostOfGoodsNet`	$14.96M	USD	1 Quarter
Restructuring charges, net - cost of goods sold	`RestructuringChargesCostOfGoodsNet`	$22.90M	USD	2 Qtrs
Restructuring charges, net - cost of goods sold	`RestructuringChargesCostOfGoodsNet`	-	USD	2 Qtrs
Restructuring charges, net - cost of goods sold	`RestructuringChargesCostOfGoodsNet`	-	USD	1 Quarter
Total cost of goods sold	`CostOfGoodsAndServicesSold`	$2.90B	USD	1 Quarter
Total cost of goods sold	`CostOfGoodsAndServicesSold`	$2.00B	USD	1 Quarter
Total cost of goods sold	`CostOfGoodsAndServicesSold`	$5.64B	USD	2 Qtrs
Total cost of goods sold	`CostOfGoodsAndServicesSold`	$3.83B	USD	2 Qtrs
Gross margin	`GrossProfit`	$1.76B	USD	1 Quarter
Gross margin	`GrossProfit`	$2.38B	USD	1 Quarter
Gross margin	`GrossProfit`	$3.41B	USD	2 Qtrs
Gross margin	`GrossProfit`	$4.71B	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$469.71M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$895.76M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$462.38M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$892.34M	USD	2 Qtrs
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$228.84M	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$439.42M	USD	2 Qtrs
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$435.87M	USD	2 Qtrs
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$233.80M	USD	1 Quarter
Restructuring charges, net - operating expenses	`RestructuringChargesOperatingExpenseNet`	$3.71M	USD	2 Qtrs
Restructuring charges, net - operating expenses	`RestructuringChargesOperatingExpenseNet`	-	USD	2 Qtrs
Restructuring charges, net - operating expenses	`RestructuringChargesOperatingExpenseNet`	-	USD	1 Quarter
Restructuring charges, net - operating expenses	`RestructuringChargesOperatingExpenseNet`	$1.69M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.33B	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$700.24M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.34B	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$696.19M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.68B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$2.08B	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$1.06B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$3.38B	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$32.44M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-28.23M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-71.33M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$29.84M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.65B	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.31B	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.11B	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.09B	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$132.78M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$271.02M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$412.29M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$183.42M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.47B	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.84B	USD	2 Qtrs
Net income	`NetIncomeLoss`	$2.89B	USD	2 Qtrs
Net income	`NetIncomeLoss`	$954.27M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$10.80	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$13.94	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$7.25	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$21.21	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$13.88	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$21.16	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$10.77	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$7.22	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	136.02M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	131.63M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	136.46M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	132.11M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	132.22M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	136.77M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	132.69M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	136.34M	shares	1 Quarter

Cash Flow Statement 71 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$1.47B	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.84B	USD	2 Qtrs
Net income	`NetIncomeLoss`	$2.89B	USD	2 Qtrs
Net income	`NetIncomeLoss`	$954.27M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$161.16M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$181.42M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-140.30M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-112.98M	USD	2 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$69.90M	USD	1 Quarter
Equity-based compensation expense	`ShareBasedCompensation`	$137.11M	USD	2 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$73.08M	USD	1 Quarter
Equity-based compensation expense	`ShareBasedCompensation`	$144.19M	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-9.98M	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-4.03M	USD	2 Qtrs
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$739.65M	USD	2 Qtrs
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$-353.76M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.41B	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.33B	USD	2 Qtrs
Capital expenditures and intangible assets	`PaymentsToAcquireProductiveAssets`	$303.44M	USD	2 Qtrs
Capital expenditures and intangible assets	`PaymentsToAcquireProductiveAssets`	$192.27M	USD	2 Qtrs
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$119.95M	USD	2 Qtrs
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Proceeds from maturities of available-for-sales securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$32.44M	USD	2 Qtrs
Proceeds from maturities of available-for-sales securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$23.12M	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$7.49M	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$4.09M	USD	2 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-176.64M	USD	2 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-395.05M	USD	2 Qtrs
Principal payments on debt, including finance lease obligations	`RepaymentsOfDebtAndCapitalLeaseObligations`	$18.94M	USD	2 Qtrs
Principal payments on debt, including finance lease obligations	`RepaymentsOfDebtAndCapitalLeaseObligations`	$254.09M	USD	2 Qtrs
Treasury stock purchases	`PaymentsForRepurchaseOfCommonStock`	$1.49B	USD	2 Qtrs
Treasury stock purchases	`PaymentsForRepurchaseOfCommonStock`	$566.05M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$494.75M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$441.60M	USD	2 Qtrs
Reissuance of treasury stock related to employee stock purchase plan	`ProceedsFromSaleOfTreasuryStock`	$53.08M	USD	2 Qtrs
Reissuance of treasury stock related to employee stock purchase plan	`ProceedsFromSaleOfTreasuryStock`	$45.00M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$7.67M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$4.52M	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$764.00K	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-5.97M	USD	2 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-973.15M	USD	2 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.19B	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$953.00K	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-4.31M	USD	2 Qtrs
Net change in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$962.52M	USD	2 Qtrs
Net change in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$38.15M	USD	2 Qtrs
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.59B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.74B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.63B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.77B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.59B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.74B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.63B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.77B	USD	Point-in-time
Accrued payables for stock repurchases, including applicable excise tax	`LiabilitiesAssumed1`	$37.26M	USD	2 Qtrs
Accrued payables for stock repurchases, including applicable excise tax	`LiabilitiesAssumed1`	$30.12M	USD	2 Qtrs
Accrued payables for capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$63.13M	USD	2 Qtrs
Accrued payables for capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$94.49M	USD	2 Qtrs
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$233.98M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$263.13M	USD	Point-in-time
Transfers of finished goods inventory to property and equipment	`TransferOfInventoryToPropertyAndEquipment`	$37.93M	USD	2 Qtrs
Transfers of finished goods inventory to property and equipment	`TransferOfInventoryToPropertyAndEquipment`	$56.93M	USD	2 Qtrs
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.48B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.34B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.62B	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalents`	$251.34M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalents`	$2.23M	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`	$4.74B	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.63B	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.77B	USD	Point-in-time

Stockholders Equity 48 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`	$2.00	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$4.00	USD	2 Qtrs
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$3.45	USD	2 Qtrs
Beginning balance (in shares)	`CommonStockSharesOutstanding`	131.28M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	133.30M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$8.22B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$8.30B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$7.41B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$8.21B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$6.28B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$8.05B	USD	Point-in-time
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$7.67M	USD	2 Qtrs
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$4.52M	USD	2 Qtrs
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$1.70M	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$877.00K	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$644.95M	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$596.13M	USD	2 Qtrs
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$486.31M	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$1.48B	USD	2 Qtrs
Reissuance of treasury stock	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$45.00M	USD	2 Qtrs
Reissuance of treasury stock	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$53.08M	USD	2 Qtrs
Reissuance of treasury stock	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$53.08M	USD	1 Quarter
Reissuance of treasury stock	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$45.00M	USD	1 Quarter
Equity-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$144.19M	USD	2 Qtrs
Equity-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$69.90M	USD	1 Quarter
Equity-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$137.11M	USD	2 Qtrs
Equity-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$73.08M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.47B	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.84B	USD	2 Qtrs
Net income	`NetIncomeLoss`	$2.89B	USD	2 Qtrs
Net income	`NetIncomeLoss`	$954.27M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-16.99M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$24.89M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.11M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$3.66M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$262.51M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$233.98M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$526.61M	USD	2 Qtrs
Cash dividends declared	`DividendsCommonStockCash`	$469.96M	USD	2 Qtrs
Ending balance (in shares)	`CommonStockSharesOutstanding`	131.28M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	133.30M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$8.22B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$8.30B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$7.41B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$8.21B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$6.28B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$8.05B	USD	Point-in-time

Comprehensive Income 44 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$1.47B	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.84B	USD	2 Qtrs
Net income	`NetIncomeLoss`	$2.89B	USD	2 Qtrs
Net income	`NetIncomeLoss`	$954.27M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$7.86M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$14.53M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$41.47M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-6.15M	USD	2 Qtrs
Net unrealized gains (losses) during the period	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-18.62M	USD	1 Quarter
Net unrealized gains (losses) during the period	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$1.67M	USD	1 Quarter
Net unrealized gains (losses) during the period	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$10.27M	USD	2 Qtrs
Net unrealized gains (losses) during the period	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$185.00K	USD	2 Qtrs
Net (gains) losses reclassified into net income	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$21.74M	USD	2 Qtrs
Net (gains) losses reclassified into net income	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-1.27M	USD	1 Quarter
Net (gains) losses reclassified into net income	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$8.02M	USD	2 Qtrs
Net (gains) losses reclassified into net income	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$12.83M	USD	1 Quarter
Net change	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-7.84M	USD	2 Qtrs
Net change	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-11.15M	USD	1 Quarter
Net change	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-11.47M	USD	2 Qtrs
Net change	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-17.34M	USD	1 Quarter
Net unrealized gains during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$284.00K	USD	2 Qtrs
Net unrealized gains during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$490.00K	USD	1 Quarter
Net unrealized gains during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$570.00K	USD	2 Qtrs
Net unrealized gains during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$102.00K	USD	1 Quarter
Net gains reclassified into net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	1 Quarter
Net gains reclassified into net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$10.00K	USD	2 Qtrs
Net gains reclassified into net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$53.00K	USD	2 Qtrs
Net gains reclassified into net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	1 Quarter
Net change	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$102.00K	USD	1 Quarter
Net change	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$490.00K	USD	1 Quarter
Net change	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$274.00K	USD	2 Qtrs
Net change	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$517.00K	USD	2 Qtrs
Defined benefit plans, net change in unrealized component	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$572.00K	USD	2 Qtrs
Defined benefit plans, net change in unrealized component	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$279.00K	USD	1 Quarter
Defined benefit plans, net change in unrealized component	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$179.00K	USD	1 Quarter
Defined benefit plans, net change in unrealized component	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$360.00K	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-16.99M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$24.89M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$1.11M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$3.66M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.82B	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$957.92M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$2.90B	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.49B	USD	1 Quarter

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