10-K Filing

FASTENAL CO CIK: 815556 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0000815556-24-000009`
Period End Date	20231231
Filing Date	20240206
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	fast-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 75 Income Statement 42 Cash Flow Statement 95 Stockholders Equity 12 Comprehensive Income 12

Balance Sheet 75 line items

Line Item	Tag	Value	Unit	Period
Trade accounts receivable, allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$8.30M	USD	Point-in-time
Trade accounts receivable, allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$6.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$230.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$221.30M	USD	Point-in-time
Par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Trade accounts receivable, net of allowance for credit losses of $6.4 and $8.3, respectively	`AccountsReceivableNetCurrent`	$1.09B	USD	Point-in-time
Trade accounts receivable, net of allowance for credit losses of $6.4 and $8.3, respectively	`AccountsReceivableNetCurrent`	$1.01B	USD	Point-in-time
Par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Inventories	`InventoryNet`	$1.71B	USD	Point-in-time
Authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Inventories	`InventoryNet`	$1.52B	USD	Point-in-time
Issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$8.10M	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$17.50M	USD	Point-in-time
Outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$171.80M	USD	Point-in-time
Outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$165.40M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.12B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.02B	USD	Point-in-time
Par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.01B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.01B	USD	Point-in-time
Authorized (in shares)	`CommonStockSharesAuthorized`	800.00M	shares	Point-in-time
Authorized (in shares)	`CommonStockSharesAuthorized`	800.00M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$243.00M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$270.20M	USD	Point-in-time
Issued (in shares)	`CommonStockSharesIssued`	571.98M	shares	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$170.80M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$160.70M	USD	Point-in-time
Issued (in shares)	`CommonStockSharesIssued`	570.81M	shares	Point-in-time
Total assets	`Assets`	$4.55B	USD	Point-in-time
Outstanding (in shares)	`CommonStockSharesOutstanding`	570.81M	shares	Point-in-time
Total assets	`Assets`	$4.46B	USD	Point-in-time
Outstanding (in shares)	`CommonStockSharesOutstanding`	571.98M	shares	Point-in-time
Outstanding (in shares)	`CommonStockSharesOutstanding`	575.46M	shares	Point-in-time
Outstanding (in shares)	`CommonStockSharesOutstanding`	574.16M	shares	Point-in-time
Current portion of debt	`LongTermDebtCurrent`	$201.80M	USD	Point-in-time
Current portion of debt	`LongTermDebtCurrent`	$60.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$255.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$264.10M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$241.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$241.10M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$91.90M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$96.20M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$789.80M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$661.30M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$353.20M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$200.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$155.20M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$178.80M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$83.70M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$73.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$3.50M	USD	Point-in-time
Commitments and contingencies (Notes 5, 8, 9, and 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Notes 5, 8, 9, and 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock: $0.01 par value, 5,000,000 shares authorized, no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock: $0.01 par value, 5,000,000 shares authorized, no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock: $0.01 par value, 800,000,000 shares authorized, 571,982,367 and 570,811,674 shares issued and outstanding, respectively	`CommonStockValue`	$5.70M	USD	Point-in-time
Common stock: $0.01 par value, 800,000,000 shares authorized, 571,982,367 and 570,811,674 shares issued and outstanding, respectively	`CommonStockValue`	$5.70M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$3.60M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$41.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.36B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.22B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-54.80M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-64.80M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.04B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.16B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.35B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$4.55B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$4.46B	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.01B	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.98B	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.35B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$3.23B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$3.99B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$3.76B	USD	Annual
Gross profit	`GrossProfit`	$3.22B	USD	Annual
Gross profit	`GrossProfit`	$2.78B	USD	Annual
Gross profit	`GrossProfit`	$3.35B	USD	Annual
Operating and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.56B	USD	Annual
Operating and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.76B	USD	Annual
Operating and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.83B	USD	Annual
Operating income	`OperatingIncomeLoss`	$1.22B	USD	Annual
Operating income	`OperatingIncomeLoss`	$1.45B	USD	Annual
Operating income	`OperatingIncomeLoss`	$1.53B	USD	Annual
Interest income	`InterestAndOtherIncome`	$700.00K	USD	Annual
Interest income	`InterestAndOtherIncome`	$100.00K	USD	Annual
Interest income	`InterestAndOtherIncome`	$4.10M	USD	Annual
Interest expense	`InterestExpense`	$9.70M	USD	Annual
Interest expense	`InterestExpense`	$10.80M	USD	Annual
Interest expense	`InterestExpense`	$14.30M	USD	Annual
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.44B	USD	Annual
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.21B	USD	Annual
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.52B	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$367.00M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$353.10M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$282.80M	USD	Annual
Net earnings	`NetIncomeLoss`	$1.16B	USD	Annual
Net earnings	`NetIncomeLoss`	$1.09B	USD	Annual
Net earnings	`NetIncomeLoss`	$925.00M	USD	Annual
Basic net earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.61	USD	Annual
Basic net earnings per share (in dollars per share)	`EarningsPerShareBasic`	$2.02	USD	Annual
Basic net earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.89	USD	Annual
Diluted net earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$2.02	USD	Annual
Diluted net earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.60	USD	Annual
Diluted net earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.89	USD	Annual
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	574.81M	shares	Annual
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	573.78M	shares	Annual
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	571.27M	shares	Annual
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	575.62M	shares	Annual
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	577.12M	shares	Annual
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	573.01M	shares	Annual

Cash Flow Statement 95 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$1.16B	USD	Annual
Net earnings	`NetIncomeLoss`	$1.09B	USD	Annual
Net earnings	`NetIncomeLoss`	$925.00M	USD	Annual
Depreciation of property and equipment	`Depreciation`	$165.90M	USD	Annual
Depreciation of property and equipment	`Depreciation`	$166.60M	USD	Annual
Depreciation of property and equipment	`Depreciation`	$159.90M	USD	Annual
(Gain) loss on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$1.10M	USD	Annual
(Gain) loss on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-1.10M	USD	Annual
(Gain) loss on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$4.30M	USD	Annual
Bad debt expense (recoveries)	`ProvisionForDoubtfulAccounts`	$2.50M	USD	Annual
Bad debt expense (recoveries)	`ProvisionForDoubtfulAccounts`	$2.20M	USD	Annual
Bad debt expense (recoveries)	`ProvisionForDoubtfulAccounts`	$-1.80M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-10.70M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-4.90M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-13.70M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$7.20M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$5.60M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$7.30M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$10.80M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$10.70M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$10.70M	USD	Annual
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$135.20M	USD	Annual
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$119.80M	USD	Annual
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$72.30M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$189.50M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-189.10M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$198.00M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$6.40M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$47.80M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-22.70M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$26.10M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$8.40M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$21.90M	USD	Annual
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-600.00K	USD	Annual
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$26.20M	USD	Annual
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-57.20M	USD	Annual
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-1.80M	USD	Annual
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$400.00K	USD	Annual
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-9.40M	USD	Annual
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-5.90M	USD	Annual
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-3.10M	USD	Annual
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$2.90M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$941.00M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.43B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$770.10M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$156.60M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$172.80M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$173.80M	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$8.40M	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$11.40M	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$12.20M	USD	Annual
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$300.00K	USD	Annual
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$600.00K	USD	Annual
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$600.00K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-148.50M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-163.00M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-161.20M	USD	Annual
Proceeds from debt obligations	`ProceedsFromIssuanceOfLongTermDebt`	$1.79B	USD	Annual
Proceeds from debt obligations	`ProceedsFromIssuanceOfLongTermDebt`	$525.00M	USD	Annual
Proceeds from debt obligations	`ProceedsFromIssuanceOfLongTermDebt`	$880.00M	USD	Annual
Payments against debt obligations	`RepaymentsOfLongTermDebt`	$1.18B	USD	Annual
Payments against debt obligations	`RepaymentsOfLongTermDebt`	$540.00M	USD	Annual
Payments against debt obligations	`RepaymentsOfLongTermDebt`	$1.63B	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$31.60M	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$30.10M	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$9.20M	USD	Annual
Purchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$237.80M	USD	Annual
Purchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Purchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Cash dividends paid	`PaymentsOfDividends`	$1.02B	USD	Annual
Cash dividends paid	`PaymentsOfDividends`	$643.70M	USD	Annual
Cash dividends paid	`PaymentsOfDividends`	$711.30M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.28B	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-627.10M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-774.90M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.40M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-4.00M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-9.20M	USD	Annual
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-8.80M	USD	Annual
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-9.50M	USD	Annual
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-6.10M	USD	Annual
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$245.70M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$221.30M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$230.10M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$236.20M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$245.70M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$221.30M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$230.10M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$236.20M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$9.90M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$12.20M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$13.30M	USD	Annual
Net cash paid for income taxes	`IncomeTaxesPaidNet`	$294.00M	USD	Annual
Net cash paid for income taxes	`IncomeTaxesPaidNet`	$383.00M	USD	Annual
Net cash paid for income taxes	`IncomeTaxesPaidNet`	$354.10M	USD	Annual

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of year	`StockholdersEquity`	$3.04B	USD	Point-in-time
Balance at beginning of year	`StockholdersEquity`	$3.16B	USD	Point-in-time
Balance at beginning of year	`StockholdersEquity`	$3.35B	USD	Point-in-time
Net earnings	`NetIncomeLoss`	$1.16B	USD	Annual
Net earnings	`NetIncomeLoss`	$1.09B	USD	Annual
Net earnings	`NetIncomeLoss`	$925.00M	USD	Annual
Balance at end of year	`StockholdersEquity`	$3.04B	USD	Point-in-time
Balance at end of year	`StockholdersEquity`	$3.16B	USD	Point-in-time
Balance at end of year	`StockholdersEquity`	$3.35B	USD	Point-in-time
Cash dividends paid per share of common stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$1.24	USD	Annual
Cash dividends paid per share of common stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$1.12	USD	Annual
Cash dividends paid per share of common stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$1.78	USD	Annual

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Foreign currency translation adjustments, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	Annual
Net earnings	`NetIncomeLoss`	$1.16B	USD	Annual
Net earnings	`NetIncomeLoss`	$1.09B	USD	Annual
Foreign currency translation adjustments, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	Annual
Net earnings	`NetIncomeLoss`	$925.00M	USD	Annual
Foreign currency translation adjustments, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	Annual
Foreign currency translation adjustments (net of tax of $0.0 in 2023, 2022, and 2021)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$10.00M	USD	Annual
Foreign currency translation adjustments (net of tax of $0.0 in 2023, 2022, and 2021)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-9.50M	USD	Annual
Foreign currency translation adjustments (net of tax of $0.0 in 2023, 2022, and 2021)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-34.10M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$915.50M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.05B	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.17B	USD	Annual

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