10-Q Filing

JUNIPER NETWORKS INC CIK: 1043604 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001043604-23-000064`
Period End Date	20230331
Filing Date	20230428
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	jnpr-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 36 Cash Flow Statement 68 Stockholders Equity 26 Comprehensive Income 20

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Preferred stock - par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Preferred stock - par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Preferred stock - shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock - shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$923.50M	USD	Point-in-time
Preferred stock - issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$880.10M	USD	Point-in-time
Preferred stock - issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock - outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$174.90M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$210.30M	USD	Point-in-time
Preferred stock - outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock - par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Accounts receivable, net of allowances	`AccountsReceivableNetCurrent`	$1.06B	USD	Point-in-time
Common stock - par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Accounts receivable, net of allowances	`AccountsReceivableNetCurrent`	$1.23B	USD	Point-in-time
Common stock - shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Inventory	`InventoryNet`	$761.50M	USD	Point-in-time
Common stock - shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Inventory	`InventoryNet`	$619.40M	USD	Point-in-time
Common stock - issued (in shares)	`CommonStockSharesIssued`	321.40M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$736.40M	USD	Point-in-time
Common stock - issued (in shares)	`CommonStockSharesIssued`	322.90M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$680.00M	USD	Point-in-time
Common stock - outstanding (in shares)	`CommonStockSharesOutstanding`	321.40M	shares	Point-in-time
Common stock - outstanding (in shares)	`CommonStockSharesOutstanding`	322.90M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$3.62B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.66B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$666.80M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$671.00M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$141.60M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$132.70M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$139.60M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$92.60M	USD	Point-in-time
Purchased intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$160.50M	USD	Point-in-time
Purchased intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$143.30M	USD	Point-in-time
Goodwill	`Goodwill`	$3.73B	USD	Point-in-time
Goodwill	`Goodwill`	$3.73B	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$866.70M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$884.20M	USD	Point-in-time
Total assets	`Assets`	$9.33B	USD	Point-in-time
Total assets	`Assets`	$9.32B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$347.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$357.50M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$228.40M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$306.10M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$1.02B	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$1.07B	USD	Point-in-time
Other accrued liabilities	`OtherLiabilitiesCurrent`	$414.00M	USD	Point-in-time
Other accrued liabilities	`OtherLiabilitiesCurrent`	$404.90M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.08B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.07B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.60B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.62B	USD	Point-in-time
Long-term deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$642.60M	USD	Point-in-time
Long-term deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$685.60M	USD	Point-in-time
Long-term income taxes payable	`AccruedIncomeTaxesNoncurrent`	$279.80M	USD	Point-in-time
Long-term income taxes payable	`AccruedIncomeTaxesNoncurrent`	$279.40M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$117.70M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$105.50M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$119.30M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$131.70M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.85B	USD	Point-in-time
Total liabilities	`Liabilities`	$4.88B	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.00001 par value; 10.0 shares authorized; none issued and outstanding	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Preferred stock, $0.00001 par value; 10.0 shares authorized; none issued and outstanding	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Common stock, $0.00001 par value; 1,000.0 shares authorized; 321.4 shares and 322.9 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively	`CommonStockValueOutstanding`	-	USD	Point-in-time
Common stock, $0.00001 par value; 1,000.0 shares authorized; 321.4 shares and 322.9 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively	`CommonStockValueOutstanding`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$6.81B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$6.85B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$4.20M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$8.30M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.38B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.38B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.48B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.32B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.27B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.44B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$9.32B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$9.33B	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Total net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.37B	USD	1 Quarter
Total net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.17B	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$600.60M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$518.80M	USD	1 Quarter
Gross margin	`GrossProfit`	$649.40M	USD	1 Quarter
Gross margin	`GrossProfit`	$771.20M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$248.60M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$284.80M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$303.20M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$273.30M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$60.20M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$68.00M	USD	1 Quarter
Restructuring (benefits) charges	`RestructuringCharges`	$-500.00K	USD	1 Quarter
Restructuring (benefits) charges	`RestructuringCharges`	$8.80M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$590.90M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$655.50M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$115.70M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$58.50M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-12.90M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-8.60M	USD	1 Quarter
Income before income taxes and loss from equity method investment	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$45.60M	USD	1 Quarter
Income before income taxes and loss from equity method investment	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$107.10M	USD	1 Quarter
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$19.60M	USD	1 Quarter
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$-10.10M	USD	1 Quarter
Loss from equity method investment, net of tax	`IncomeLossFromEquityMethodInvestments`	-	USD	1 Quarter
Loss from equity method investment, net of tax	`IncomeLossFromEquityMethodInvestments`	$-2.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$55.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$85.40M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.17	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.26	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.17	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.26	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	321.80M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	322.30M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	329.10M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	331.10M	shares	1 Quarter

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$85.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$55.70M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$45.20M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$60.90M	USD	1 Quarter
Depreciation, amortization, and accretion	`DepreciationDepletionAndAmortization`	$49.40M	USD	1 Quarter
Depreciation, amortization, and accretion	`DepreciationDepletionAndAmortization`	$56.30M	USD	1 Quarter
Operating lease assets expense	`OperatingLeaseExpense`	$10.10M	USD	1 Quarter
Operating lease assets expense	`OperatingLeaseExpense`	$10.10M	USD	1 Quarter
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-2.10M	USD	1 Quarter
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	-	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-6.80M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-3.70M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-166.10M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-145.50M	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$145.70M	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$47.80M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$105.90M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$84.30M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$44.60M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$15.40M	USD	1 Quarter
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-95.40M	USD	1 Quarter
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-78.40M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$29.60M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$25.50M	USD	1 Quarter
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-19.00M	USD	1 Quarter
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-700.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$96.20M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$53.20M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$191.50M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$193.10M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquireProductiveAssets`	$42.10M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquireProductiveAssets`	$25.00M	USD	1 Quarter
Purchases of available-for-sale debt securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$5.00M	USD	1 Quarter
Purchases of available-for-sale debt securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$58.10M	USD	1 Quarter
Proceeds from sales of available-for-sale debt securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$33.30M	USD	1 Quarter
Proceeds from sales of available-for-sale debt securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$14.00M	USD	1 Quarter
Proceeds from maturities and redemptions of available-for-sale debt securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$123.60M	USD	1 Quarter
Proceeds from maturities and redemptions of available-for-sale debt securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$69.40M	USD	1 Quarter
Purchases of equity securities	`PaymentsToAcquireEquitySecurities`	$9.30M	USD	1 Quarter
Purchases of equity securities	`PaymentsToAcquireEquitySecurities`	$2.40M	USD	1 Quarter
Proceeds from sales of equity securities	`ProceedsFromSaleOfEquitySecurities`	$2.20M	USD	1 Quarter
Proceeds from sales of equity securities	`ProceedsFromSaleOfEquitySecurities`	$7.40M	USD	1 Quarter
Payments for business acquisitions, net of cash and cash equivalents acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$3.30M	USD	1 Quarter
Payments for business acquisitions, net of cash and cash equivalents acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-500.00K	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-900.00K	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$42.20M	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$63.90M	USD	1 Quarter
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$126.30M	USD	1 Quarter
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$151.30M	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$31.10M	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$28.60M	USD	1 Quarter
Payment of dividends	`PaymentsOfDividends`	$67.50M	USD	1 Quarter
Payment of dividends	`PaymentsOfDividends`	$70.60M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-190.80M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-165.20M	USD	1 Quarter
Effect of foreign currency exchange rates on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.70M	USD	1 Quarter
Effect of foreign currency exchange rates on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.20M	USD	1 Quarter
Net increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$90.10M	USD	1 Quarter
Net increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$44.10M	USD	1 Quarter
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$941.80M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$942.70M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.03B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$897.70M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$942.70M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.03B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$941.80M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$897.70M	USD	Point-in-time

Stockholders Equity 26 line items

Line Item	Tag	Value	Unit	Period
Cash dividends (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.21	USD	1 Quarter
Cash dividends (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.22	USD	1 Quarter
Balance (in shares)	`CommonStockSharesOutstanding`	321.40M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	322.90M	shares	Point-in-time
Balance	`StockholdersEquity`	$4.48B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.32B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.27B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.44B	USD	Point-in-time
Net income	`NetIncomeLoss`	$85.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$55.70M	USD	1 Quarter
Other comprehensive income, net	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$4.10M	USD	1 Quarter
Other comprehensive income, net	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$13.80M	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueShareBasedCompensation`	$31.10M	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueShareBasedCompensation`	$28.60M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$126.30M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$151.30M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$45.70M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$61.40M	USD	1 Quarter
Payments of cash dividends	`Dividends`	$67.50M	USD	1 Quarter
Payments of cash dividends	`Dividends`	$70.60M	USD	1 Quarter
Balance (in shares)	`CommonStockSharesOutstanding`	321.40M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	322.90M	shares	Point-in-time
Balance	`StockholdersEquity`	$4.48B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.32B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.27B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.44B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$85.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$55.70M	USD	1 Quarter
Change in net unrealized gains and losses	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-5.70M	USD	1 Quarter
Change in net unrealized gains and losses	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.10M	USD	1 Quarter
Net realized losses reclassified into net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	1 Quarter
Net realized losses reclassified into net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-100.00K	USD	1 Quarter
Net change on available-for-sale debt securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$2.10M	USD	1 Quarter
Net change on available-for-sale debt securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-5.60M	USD	1 Quarter
Change in net unrealized gains and losses	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-6.90M	USD	1 Quarter
Change in net unrealized gains and losses	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$20.80M	USD	1 Quarter
Net realized losses reclassified into net income	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-7.40M	USD	1 Quarter
Net realized losses reclassified into net income	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-100.00K	USD	1 Quarter
Net change on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$500.00K	USD	1 Quarter
Net change on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$20.90M	USD	1 Quarter
Change in foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.50M	USD	1 Quarter
Change in foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.50M	USD	1 Quarter
Other comprehensive income, net	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$4.10M	USD	1 Quarter
Other comprehensive income, net	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$13.80M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$69.50M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$89.50M	USD	1 Quarter

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