10-Q Filing

JUNIPER NETWORKS INC CIK: 1043604 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001043604-23-000133`
Period End Date	20230630
Filing Date	20230728
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	jnpr-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 80 Cash Flow Statement 88 Stockholders Equity 44 Comprehensive Income 40

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Convertible preferred stock - par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Convertible preferred stock - par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Convertible preferred stock - shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Convertible preferred stock - shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Convertible preferred stock - issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$880.10M	USD	Point-in-time
Convertible preferred stock - issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.09B	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$210.30M	USD	Point-in-time
Convertible preferred stock - outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$144.70M	USD	Point-in-time
Convertible 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
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
Accounts receivable, net of allowances	`AccountsReceivableNetCurrent`	$908.50M	USD	Point-in-time
Inventory	`InventoryNet`	$619.40M	USD	Point-in-time
Common stock - shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock - shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Inventory	`InventoryNet`	$925.70M	USD	Point-in-time
Common stock - issued (in shares)	`CommonStockSharesIssued`	317.80M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$680.00M	USD	Point-in-time
Common stock - issued (in shares)	`CommonStockSharesIssued`	322.90M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$682.70M	USD	Point-in-time
Common stock - outstanding (in shares)	`CommonStockSharesOutstanding`	322.90M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$3.75B	USD	Point-in-time
Common stock - outstanding (in shares)	`CommonStockSharesOutstanding`	317.80M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$3.62B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$689.10M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$666.80M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$141.60M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$124.30M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$139.60M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$62.30M	USD	Point-in-time
Purchased intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$126.20M	USD	Point-in-time
Purchased intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$160.50M	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`	$888.20M	USD	Point-in-time
Total assets	`Assets`	$9.33B	USD	Point-in-time
Total assets	`Assets`	$9.38B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$371.80M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$347.40M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$306.10M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$280.10M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$1.04B	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$1.02B	USD	Point-in-time
Other accrued liabilities	`OtherLiabilitiesCurrent`	$404.90M	USD	Point-in-time
Other accrued liabilities	`OtherLiabilitiesCurrent`	$572.40M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.08B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.26B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.60B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.60B	USD	Point-in-time
Long-term deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$642.60M	USD	Point-in-time
Long-term deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$727.30M	USD	Point-in-time
Long-term income taxes payable	`AccruedIncomeTaxesNoncurrent`	$279.40M	USD	Point-in-time
Long-term income taxes payable	`AccruedIncomeTaxesNoncurrent`	$197.20M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$95.50M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$117.70M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$135.80M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$131.70M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.02B	USD	Point-in-time
Total liabilities	`Liabilities`	$4.85B	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; 317.8 shares and 322.9 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively	`CommonStockValueOutstanding`	-	USD	Point-in-time
Common stock, $0.00001 par value; 1,000.0 shares authorized; 317.8 shares and 322.9 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively	`CommonStockValueOutstanding`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$6.85B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$6.75B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$4.20M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$31.10M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.38B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.43B	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 stockholders' equity	`StockholdersEquity`	$4.48B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.25B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.32B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.35B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$9.33B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$9.38B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Total net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.80B	USD	2 Qtrs
Total net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.44B	USD	2 Qtrs
Total net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.43B	USD	1 Quarter
Total net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.27B	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$1.22B	USD	2 Qtrs
Total cost of revenues	`CostOfGoodsAndServicesSold`	$617.00M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$1.09B	USD	2 Qtrs
Total cost of revenues	`CostOfGoodsAndServicesSold`	$575.50M	USD	1 Quarter
Gross margin	`GrossProfit`	$694.10M	USD	1 Quarter
Gross margin	`GrossProfit`	$1.34B	USD	2 Qtrs
Gross margin	`GrossProfit`	$1.58B	USD	2 Qtrs
Gross margin	`GrossProfit`	$813.10M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$244.30M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$566.80M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$492.90M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$282.00M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$547.60M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$611.50M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$274.30M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$308.30M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$67.20M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$65.20M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$127.40M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$133.20M	USD	2 Qtrs
Restructuring charges	`RestructuringCharges`	$16.50M	USD	1 Quarter
Restructuring charges	`RestructuringCharges`	$16.00M	USD	2 Qtrs
Restructuring charges	`RestructuringCharges`	$500.00K	USD	1 Quarter
Restructuring charges	`RestructuringCharges`	$9.30M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$586.30M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.33B	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$1.18B	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$672.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$107.80M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$256.80M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$166.30M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$141.10M	USD	1 Quarter
Gain (loss) on privately-held investments, net	`EquitySecuritiesFvNiUnrealizedGainLoss`	$5.90M	USD	2 Qtrs
Gain (loss) on privately-held investments, net	`EquitySecuritiesFvNiUnrealizedGainLoss`	$5.90M	USD	1 Quarter
Gain (loss) on privately-held investments, net	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-92.00M	USD	2 Qtrs
Gain (loss) on privately-held investments, net	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-92.20M	USD	1 Quarter
Gain on divestiture	`GainLossOnSaleOfBusiness`	$45.80M	USD	2 Qtrs
Gain on divestiture	`GainLossOnSaleOfBusiness`	$45.80M	USD	1 Quarter
Gain on divestiture	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Gain on divestiture	`GainLossOnSaleOfBusiness`	-	USD	2 Qtrs
Other expense, net	`NonoperatingIncomeExpense`	$-16.20M	USD	2 Qtrs
Other expense, net	`NonoperatingIncomeExpense`	$-26.90M	USD	2 Qtrs
Other expense, net	`NonoperatingIncomeExpense`	$-7.40M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-14.00M	USD	1 Quarter
Income before income taxes and loss from equity method investment	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$145.50M	USD	1 Quarter
Income before income taxes and loss from equity method investment	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$148.60M	USD	2 Qtrs
Income before income taxes and loss from equity method investment	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$191.10M	USD	2 Qtrs
Income before income taxes and loss from equity method investment	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$41.50M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$34.60M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$15.00M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$21.50M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$31.60M	USD	1 Quarter
Loss from equity method investment, net of tax	`IncomeLossFromEquityMethodInvestments`	$-500.00K	USD	1 Quarter
Loss from equity method investment, net of tax	`IncomeLossFromEquityMethodInvestments`	$-2.10M	USD	1 Quarter
Loss from equity method investment, net of tax	`IncomeLossFromEquityMethodInvestments`	$-4.20M	USD	2 Qtrs
Loss from equity method investment, net of tax	`IncomeLossFromEquityMethodInvestments`	$-500.00K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$109.80M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$169.10M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$24.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$113.40M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.53	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.34	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.08	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.35	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.34	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.35	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.07	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.51	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	321.10M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	319.30M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	320.80M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	321.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	328.10M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	327.60M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	326.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	329.30M	shares	2 Qtrs

Cash Flow Statement 88 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$109.80M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$169.10M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$24.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$113.40M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$122.90M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$92.40M	USD	2 Qtrs
Depreciation, amortization, and accretion	`DepreciationDepletionAndAmortization`	$98.50M	USD	2 Qtrs
Depreciation, amortization, and accretion	`DepreciationDepletionAndAmortization`	$111.50M	USD	2 Qtrs
Operating lease assets expense	`OperatingLeaseExpense`	$20.30M	USD	2 Qtrs
Operating lease assets expense	`OperatingLeaseExpense`	$20.30M	USD	2 Qtrs
Gain on divestiture	`GainLossOnSaleOfBusiness`	$45.80M	USD	2 Qtrs
Gain on divestiture	`GainLossOnSaleOfBusiness`	$45.80M	USD	1 Quarter
Gain on divestiture	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Gain on divestiture	`GainLossOnSaleOfBusiness`	-	USD	2 Qtrs
Loss (gain) on privately-held investments, net	`EquitySecuritiesFvNiUnrealizedGainLoss`	$5.90M	USD	1 Quarter
Loss (gain) on privately-held investments, net	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-92.00M	USD	2 Qtrs
Loss (gain) on privately-held investments, net	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-92.20M	USD	1 Quarter
Loss (gain) on privately-held investments, net	`EquitySecuritiesFvNiUnrealizedGainLoss`	$5.90M	USD	2 Qtrs
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-500.00K	USD	1 Quarter
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-2.10M	USD	1 Quarter
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-4.20M	USD	2 Qtrs
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-500.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-13.80M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-2.70M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-319.50M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$54.20M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$315.00M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$126.20M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$346.90M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$100.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$88.50M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$22.00M	USD	2 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-26.10M	USD	2 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-54.70M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$83.90M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-3.90M	USD	2 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$17.10M	USD	2 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-1.50M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$50.60M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$101.30M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-73.80M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$534.50M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquireProductiveAssets`	$49.50M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquireProductiveAssets`	$83.20M	USD	2 Qtrs
Proceeds from divestiture, net	`ProceedsFromDivestitureOfBusinesses`	-	USD	2 Qtrs
Proceeds from divestiture, net	`ProceedsFromDivestitureOfBusinesses`	$89.10M	USD	2 Qtrs
Purchases of available-for-sale debt securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$12.90M	USD	2 Qtrs
Purchases of available-for-sale debt securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$104.10M	USD	2 Qtrs
Proceeds from sales of available-for-sale debt securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$74.80M	USD	2 Qtrs
Proceeds from sales of available-for-sale debt securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$23.90M	USD	2 Qtrs
Proceeds from maturities and redemptions of available-for-sale debt securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$218.80M	USD	2 Qtrs
Proceeds from maturities and redemptions of available-for-sale debt securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$128.80M	USD	2 Qtrs
Purchases of equity securities	`PaymentsToAcquireEquitySecurities`	$3.50M	USD	2 Qtrs
Purchases of equity securities	`PaymentsToAcquireEquitySecurities`	$12.20M	USD	2 Qtrs
Proceeds from sales of equity securities	`ProceedsFromSaleOfEquitySecurities`	$3.30M	USD	2 Qtrs
Proceeds from sales of equity securities	`ProceedsFromSaleOfEquitySecurities`	$7.80M	USD	2 Qtrs
Payments for business acquisitions, net of cash and cash equivalents acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Payments for business acquisitions, net of cash and cash equivalents acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$3.90M	USD	2 Qtrs
Funding of loan receivable	`PaymentsToAcquireLoansReceivable`	$7.70M	USD	2 Qtrs
Funding of loan receivable	`PaymentsToAcquireLoansReceivable`	-	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-1.50M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-1.40M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$54.70M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$217.70M	USD	2 Qtrs
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$226.30M	USD	2 Qtrs
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$271.30M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$29.10M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$31.60M	USD	2 Qtrs
Payment of dividends	`PaymentsOfDividends`	$140.50M	USD	2 Qtrs
Payment of dividends	`PaymentsOfDividends`	$134.80M	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$1.30M	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-332.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-381.50M	USD	2 Qtrs
Effect of foreign currency exchange rates on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-14.00M	USD	2 Qtrs
Effect of foreign currency exchange rates on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.80M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$209.50M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-202.10M	USD	2 Qtrs
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`	$897.70M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.11B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$740.60M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.11B	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`	$897.70M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$740.60M	USD	Point-in-time
Equity method investment	`EquityMethodInvestments`	$40.30M	USD	Point-in-time
Equity method investment	`EquityMethodInvestments`	-	USD	Point-in-time

Stockholders Equity 44 line items

Line Item	Tag	Value	Unit	Period
Payments of cash dividends (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.44	USD	2 Qtrs
Payments of cash dividends (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.42	USD	2 Qtrs
Payments of cash dividends (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.21	USD	1 Quarter
Payments of cash dividends (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.22	USD	1 Quarter
Balance (in shares)	`CommonStockSharesOutstanding`	322.90M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	317.80M	shares	Point-in-time
Balance	`StockholdersEquity`	$4.35B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.25B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.32B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.44B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.27B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.48B	USD	Point-in-time
Net income	`NetIncomeLoss`	$109.80M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$169.10M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$24.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$113.40M	USD	1 Quarter
Other comprehensive income (loss), net	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$22.80M	USD	1 Quarter
Other comprehensive income (loss), net	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-11.80M	USD	1 Quarter
Other comprehensive income (loss), net	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.00M	USD	2 Qtrs
Other comprehensive income (loss), net	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$26.90M	USD	2 Qtrs
Issuance of common stock	`StockIssuedDuringPeriodValueShareBasedCompensation`	$31.60M	USD	2 Qtrs
Issuance of common stock	`StockIssuedDuringPeriodValueShareBasedCompensation`	$500.00K	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueShareBasedCompensation`	$500.00K	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueShareBasedCompensation`	$29.10M	USD	2 Qtrs
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$120.00M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$271.30M	USD	2 Qtrs
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$226.30M	USD	2 Qtrs
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$100.00M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$123.30M	USD	2 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$61.90M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$92.70M	USD	2 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$47.00M	USD	1 Quarter
Payments of cash dividends	`Dividends`	$134.80M	USD	2 Qtrs
Payments of cash dividends	`Dividends`	$140.50M	USD	2 Qtrs
Payments of cash dividends	`Dividends`	$67.30M	USD	1 Quarter
Payments of cash dividends	`Dividends`	$69.90M	USD	1 Quarter
Balance (in shares)	`CommonStockSharesOutstanding`	322.90M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	317.80M	shares	Point-in-time
Balance	`StockholdersEquity`	$4.27B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.44B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.48B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.25B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.32B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.35B	USD	Point-in-time

Comprehensive Income 40 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$109.80M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$169.10M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$24.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$113.40M	USD	1 Quarter
Change in net unrealized gains and losses	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$3.70M	USD	2 Qtrs
Change in net unrealized gains and losses	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-7.40M	USD	2 Qtrs
Change in net unrealized gains and losses	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.60M	USD	1 Quarter
Change in net unrealized gains and losses	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.70M	USD	1 Quarter
Net realized losses reclassified into net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	2 Qtrs
Net realized losses reclassified into net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-200.00K	USD	2 Qtrs
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`	$3.70M	USD	2 Qtrs
Net change on available-for-sale debt securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.60M	USD	1 Quarter
Net change on available-for-sale debt securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$1.60M	USD	1 Quarter
Net change on available-for-sale debt securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-7.20M	USD	2 Qtrs
Change in net unrealized gains and losses	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$19.80M	USD	2 Qtrs
Change in net unrealized gains and losses	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$14.00M	USD	1 Quarter
Change in net unrealized gains and losses	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-1.00M	USD	1 Quarter
Change in net unrealized gains and losses	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$7.10M	USD	2 Qtrs
Net realized losses reclassified into net income	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-7.00M	USD	1 Quarter
Net realized losses reclassified into net income	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-4.10M	USD	2 Qtrs
Net realized losses reclassified into net income	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-14.40M	USD	2 Qtrs
Net realized losses reclassified into net income	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-4.00M	USD	1 Quarter
Net change on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$21.50M	USD	2 Qtrs
Net change on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$3.00M	USD	1 Quarter
Net change on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$23.90M	USD	2 Qtrs
Net change on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$21.00M	USD	1 Quarter
Change in foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-13.20M	USD	1 Quarter
Change in foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-14.70M	USD	2 Qtrs
Change in foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.70M	USD	2 Qtrs
Change in foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$200.00K	USD	1 Quarter
Other comprehensive income (loss), net	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$22.80M	USD	1 Quarter
Other comprehensive income (loss), net	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-11.80M	USD	1 Quarter
Other comprehensive income (loss), net	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.00M	USD	2 Qtrs
Other comprehensive income (loss), net	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$26.90M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$136.70M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$101.60M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$171.10M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$47.20M	USD	1 Quarter

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