10-Q Filing

ROPER TECHNOLOGIES INC CIK: 882835 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0000882835-21-000044`
Period End Date	20210630
Filing Date	20210805
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	rop-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 56 Cash Flow Statement 76 Stockholders Equity 44 Comprehensive Income 16

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$337.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$308.30M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$804.20M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$863.00M	USD	Point-in-time
Inventories, net	`InventoryNet`	$198.40M	USD	Point-in-time
Inventories, net	`InventoryNet`	$212.70M	USD	Point-in-time
Income taxes receivable	`PrepaidTaxes`	$21.90M	USD	Point-in-time
Income taxes receivable	`PrepaidTaxes`	$28.00M	USD	Point-in-time
Unbilled receivables	`UnbilledReceivablesCurrent`	$241.70M	USD	Point-in-time
Unbilled receivables	`UnbilledReceivablesCurrent`	$275.30M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$119.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$138.70M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.75B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.80B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$125.30M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$140.60M	USD	Point-in-time
Goodwill	`Goodwill`	$14.40B	USD	Point-in-time
Goodwill	`Goodwill`	$14.43B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$6.94B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$7.21B	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxAssetsNet`	$104.30M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxAssetsNet`	$104.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$440.60M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$425.80M	USD	Point-in-time
Total assets	`Assets`	$23.83B	USD	Point-in-time
Total assets	`Assets`	$24.02B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$177.80M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$209.60M	USD	Point-in-time
Accrued compensation	`DeferredCompensationCashBasedArrangementsLiabilityCurrent`	$286.10M	USD	Point-in-time
Accrued compensation	`DeferredCompensationCashBasedArrangementsLiabilityCurrent`	$283.40M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$1.01B	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$994.60M	USD	Point-in-time
Other accrued liabilities	`AccruedLiabilitiesCurrentAndNoncurrent`	$457.00M	USD	Point-in-time
Other accrued liabilities	`AccruedLiabilitiesCurrentAndNoncurrent`	$444.60M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$52.50M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$26.90M	USD	Point-in-time
Current portion of long-term debt, net	`LongTermDebtCurrent`	$502.40M	USD	Point-in-time
Current portion of long-term debt, net	`LongTermDebtCurrent`	$502.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.50B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.44B	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$8.20B	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$9.06B	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.56B	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.55B	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$473.60M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$491.30M	USD	Point-in-time
Total liabilities	`Liabilities`	$12.74B	USD	Point-in-time
Total liabilities	`Liabilities`	$13.54B	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock	`CommonStockValue`	$1.10M	USD	Point-in-time
Common stock	`CommonStockValue`	$1.10M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.22B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.10B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$9.00B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$8.55B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-147.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-115.10M	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$18.00M	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$17.80M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$10.77B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$10.48B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$9.88B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$9.59B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$11.09B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$9.49B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$23.83B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$24.02B	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.66B	USD	2 Qtrs
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.59B	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.12B	USD	2 Qtrs
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.30B	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$955.20M	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$1.09B	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$461.30M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$553.50M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.03B	USD	1 Quarter
Gross profit	`GrossProfit`	$2.03B	USD	2 Qtrs
Gross profit	`GrossProfit`	$843.70M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.70B	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.02B	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$510.10M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$616.10M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.21B	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$682.80M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$418.00M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$818.50M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$333.60M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$92.90M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$59.50M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$120.10M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$47.50M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-2.00M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$900.00K	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-1.20M	USD	2 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$27.90M	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$284.10M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$726.30M	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$588.70M	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$359.40M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$64.90M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$73.10M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$151.00M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$129.20M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$459.50M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$219.20M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$575.30M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$286.30M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.72	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$4.40	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.10	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$5.47	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.08	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.69	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$4.36	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$5.42	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	104.50M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	105.30M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	104.40M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	105.10M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	106.40M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	105.40M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	105.50M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	106.20M	shares	2 Qtrs

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$459.50M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$219.20M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$575.30M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$286.30M	USD	1 Quarter
Depreciation and amortization of property, plant and equipment	`Depreciation`	$29.20M	USD	2 Qtrs
Depreciation and amortization of property, plant and equipment	`Depreciation`	$25.10M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$293.20M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$203.00M	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$4.30M	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$6.80M	USD	2 Qtrs
Non-cash stock compensation	`ShareBasedCompensation`	$58.20M	USD	2 Qtrs
Non-cash stock compensation	`ShareBasedCompensation`	$69.30M	USD	2 Qtrs
Gain on sale of assets, net of tax	`GainLossOnDispositionOfBusinessNetOfIncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Gain on sale of assets, net of tax	`GainLossOnDispositionOfBusinessNetOfIncomeTaxExpenseBenefit`	$21.60M	USD	2 Qtrs
Income tax provision, excluding tax associated with gain on sale of assets	`IncomeTaxProvisionExcludingTaxesAssociatedWithGainOnDispositionOfBusiness`	$129.20M	USD	2 Qtrs
Income tax provision, excluding tax associated with gain on sale of assets	`IncomeTaxProvisionExcludingTaxesAssociatedWithGainOnDispositionOfBusiness`	$145.50M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-49.60M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-60.70M	USD	2 Qtrs
Unbilled receivables	`IncreaseDecreaseInUnbilledReceivablesCurrent`	$29.40M	USD	2 Qtrs
Unbilled receivables	`IncreaseDecreaseInUnbilledReceivablesCurrent`	$42.30M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$14.70M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$19.10M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$18.80M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$17.50M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-4.30M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$40.20M	USD	2 Qtrs
Cash tax paid for gain on disposal of businesses	`IncomeTaxesPaidOnGainOnDispositionOfBusiness`	-	USD	2 Qtrs
Cash tax paid for gain on disposal of businesses	`IncomeTaxesPaidOnGainOnDispositionOfBusiness`	$10.00M	USD	2 Qtrs
Cash income taxes paid	`IncomeTaxesPaidExcludingTaxesAssociatedWithGainOnDispositionOfBusiness`	$52.50M	USD	2 Qtrs
Cash income taxes paid	`IncomeTaxesPaidExcludingTaxesAssociatedWithGainOnDispositionOfBusiness`	$151.30M	USD	2 Qtrs
Other, net	`PaymentsForOtherOperatingActivities`	$6.50M	USD	2 Qtrs
Other, net	`PaymentsForOtherOperatingActivities`	$35.60M	USD	2 Qtrs
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$813.00M	USD	2 Qtrs
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$985.10M	USD	2 Qtrs
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$153.00M	USD	2 Qtrs
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$15.50M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireOtherProductiveAssets`	$15.50M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireOtherProductiveAssets`	$17.20M	USD	2 Qtrs
Capitalized software expenditures	`PaymentsToDevelopSoftware`	$15.30M	USD	2 Qtrs
Capitalized software expenditures	`PaymentsToDevelopSoftware`	$5.20M	USD	2 Qtrs
Proceeds from (used in) disposal of businesses	`ProceedsFromPaymentsForDivestitureOfBusinesses`	$-100.00K	USD	2 Qtrs
Proceeds from (used in) disposal of businesses	`ProceedsFromPaymentsForDivestitureOfBusinesses`	$-3.80M	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$27.10M	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	-	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$1.20M	USD	2 Qtrs
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-177.50M	USD	2 Qtrs
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-22.20M	USD	2 Qtrs
Proceeds from senior notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	2 Qtrs
Proceeds from senior notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$600.00M	USD	2 Qtrs
Borrowings (payments) under revolving line of credit, net	`ProceedsFromRepaymentsOfLinesOfCredit`	-	USD	2 Qtrs
Borrowings (payments) under revolving line of credit, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$-870.00M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$12.00M	USD	2 Qtrs
Cash dividends to stockholders	`PaymentsOfDividends`	$117.80M	USD	2 Qtrs
Cash dividends to stockholders	`PaymentsOfDividends`	$106.60M	USD	2 Qtrs
Proceeds from stock-based compensation, net	`ProceedsFromStockBasedCompensationNet`	$45.20M	USD	2 Qtrs
Proceeds from stock-based compensation, net	`ProceedsFromStockBasedCompensationNet`	$47.70M	USD	2 Qtrs
Treasury stock sales	`ProceedsFromSaleOfTreasuryStock`	$8.20M	USD	2 Qtrs
Treasury stock sales	`ProceedsFromSaleOfTreasuryStock`	$4.50M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-200.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-700.00K	USD	2 Qtrs
Cash flows provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-934.60M	USD	2 Qtrs
Cash flows provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$532.90M	USD	2 Qtrs
Effect of foreign currency exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.20M	USD	2 Qtrs
Effect of foreign currency exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-7.30M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$29.50M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.16B	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$337.80M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$308.30M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$709.70M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.87B	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$337.80M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$308.30M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$709.70M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.87B	USD	Point-in-time

Stockholders Equity 44 line items

Line Item	Tag	Value	Unit	Period
Dividends declared (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.56	USD	1 Quarter
Dividends declared (in usd per share)	`CommonStockDividendsPerShareDeclared`	$1.12	USD	2 Qtrs
Dividends declared (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.51	USD	1 Quarter
Dividends declared (in usd per share)	`CommonStockDividendsPerShareDeclared`	$1.02	USD	2 Qtrs
Balance at beginning of period	`StockholdersEquity`	$10.77B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$10.48B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$9.88B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$9.59B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$11.09B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$9.49B	USD	Point-in-time
Net earnings	`NetIncomeLoss`	$459.50M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$219.20M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$575.30M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$286.30M	USD	1 Quarter
Stock option exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$40.10M	USD	1 Quarter
Stock option exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$61.10M	USD	2 Qtrs
Stock option exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$41.90M	USD	1 Quarter
Stock option exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$63.00M	USD	2 Qtrs
Treasury stock sold	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$4.50M	USD	2 Qtrs
Treasury stock sold	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$3.50M	USD	1 Quarter
Treasury stock sold	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$1.70M	USD	1 Quarter
Treasury stock sold	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$8.20M	USD	2 Qtrs
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-72.00M	USD	2 Qtrs
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$56.20M	USD	1 Quarter
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$31.90M	USD	2 Qtrs
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$17.30M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$34.80M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$29.30M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$56.90M	USD	2 Qtrs
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$67.20M	USD	2 Qtrs
Restricted stock activity	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-4.50M	USD	1 Quarter
Restricted stock activity	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-15.30M	USD	2 Qtrs
Restricted stock activity	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-15.90M	USD	2 Qtrs
Restricted stock activity	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-1.10M	USD	1 Quarter
Dividends declared	`DividendsCommonStock`	$53.60M	USD	1 Quarter
Dividends declared	`DividendsCommonStock`	$118.40M	USD	2 Qtrs
Dividends declared	`DividendsCommonStock`	$107.10M	USD	2 Qtrs
Dividends declared	`DividendsCommonStock`	$59.20M	USD	1 Quarter
Balance at end of period	`StockholdersEquity`	$10.77B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$10.48B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$9.88B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$9.59B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$11.09B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$9.49B	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$459.50M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$219.20M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$575.30M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$286.30M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-72.00M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$56.20M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$31.90M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$17.30M	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$17.30M	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$31.90M	USD	2 Qtrs
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-72.00M	USD	2 Qtrs
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$56.20M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$607.20M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$275.40M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$303.60M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$387.50M	USD	2 Qtrs

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