10-Q Filing

EDWARDS LIFESCIENCES CORP CIK: 1099800 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001099800-23-000021`
Period End Date	20230331
Filing Date	20230428
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	ew-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 98 Income Statement 34 Cash Flow Statement 72 Stockholders Equity 27 Comprehensive Income 16

Balance Sheet 98 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$7.90M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$7.60M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$769.00M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$872.50M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Short-term investments (Note 4)	`ShortTermInvestments`	$446.30M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Short-term investments (Note 4)	`ShortTermInvestments`	$381.70M	USD	Point-in-time
Accounts receivable, net of allowances of $7.6 and $7.9, respectively	`AccountsReceivableNetCurrent`	$717.70M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Accounts receivable, net of allowances of $7.6 and $7.9, respectively	`AccountsReceivableNetCurrent`	$643.00M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Other receivables	`OtherReceivables`	$56.10M	USD	Point-in-time
Other receivables	`OtherReceivables`	$61.60M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.05B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.05B	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	647.10M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	646.30M	shares	Point-in-time
Inventories (Note 2)	`InventoryNet`	$875.50M	USD	Point-in-time
Inventories (Note 2)	`InventoryNet`	$914.30M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$119.10M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	608.30M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	606.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$110.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$195.90M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	41.10M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	38.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$190.30M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.26B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.10B	USD	Point-in-time
Long-term investments (Note 4)	`LongTermInvestments`	$1.24B	USD	Point-in-time
Long-term investments (Note 4)	`LongTermInvestments`	$1.07B	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$1.65B	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$1.63B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$88.50M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$92.30M	USD	Point-in-time
Goodwill	`Goodwill`	$1.16B	USD	Point-in-time
Goodwill	`Goodwill`	$1.31B	USD	Point-in-time
Other intangible assets, net (Note 6)	`IntangibleAssetsNetExcludingGoodwill`	$285.20M	USD	Point-in-time
Other intangible assets, net (Note 6)	`IntangibleAssetsNetExcludingGoodwill`	$446.80M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$544.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$484.00M	USD	Point-in-time
Other assets (Note 5)	`OtherAssetsNoncurrent`	$299.10M	USD	Point-in-time
Other assets (Note 5)	`OtherAssetsNoncurrent`	$293.60M	USD	Point-in-time
Total assets	`Assets`	$8.29B	USD	Point-in-time
Total assets	`Assets`	$8.65B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$180.80M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$201.90M	USD	Point-in-time
Accrued and other liabilities (Note 2)	`AccruedAndOtherLiabilitiesCurrent`	$795.00M	USD	Point-in-time
Accrued and other liabilities (Note 2)	`AccruedAndOtherLiabilitiesCurrent`	$876.10M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$25.50M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$25.10M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.02B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.08B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$596.50M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$596.30M	USD	Point-in-time
Contingent consideration liabilities (Note 7)	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$26.90M	USD	Point-in-time
Contingent consideration liabilities (Note 7)	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$26.20M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrentAndNoncurrent`	$143.40M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrentAndNoncurrent`	$143.40M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$69.50M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$66.20M	USD	Point-in-time
Uncertain tax positions	`LiabilityForUncertainTaxPositionsNoncurrent`	$284.00M	USD	Point-in-time
Uncertain tax positions	`LiabilityForUncertainTaxPositionsNoncurrent`	$267.50M	USD	Point-in-time
Litigation agreement accrual (Note 2)	`LitigationReserveNoncurrent`	$130.10M	USD	Point-in-time
Litigation agreement accrual (Note 2)	`LitigationReserveNoncurrent`	$143.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$260.10M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$217.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.49B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.59B	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value, authorized 50.0 shares, no shares outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value, authorized 50.0 shares, no shares outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $1.00 par value, 1,050.0 shares authorized, 647.1 and 646.3 shares issued, and 606.0 and 608.3 shares outstanding, respectively	`CommonStockValue`	$646.30M	USD	Point-in-time
Common stock, $1.00 par value, 1,050.0 shares authorized, 647.1 and 646.3 shares issued, and 606.0 and 608.3 shares outstanding, respectively	`CommonStockValue`	$647.10M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.97B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.05B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$7.93B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$7.59B	USD	Point-in-time
Accumulated other comprehensive loss (Note 12)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-255.40M	USD	Point-in-time
Accumulated other comprehensive loss (Note 12)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-254.90M	USD	Point-in-time
Treasury stock, at cost, 41.1 and 38.0 shares, respectively	`TreasuryStockCommonValue`	$4.39B	USD	Point-in-time
Treasury stock, at cost, 41.1 and 38.0 shares, respectively	`TreasuryStockCommonValue`	$4.14B	USD	Point-in-time
Total Edwards Lifesciences, Inc. stockholders' equity	`StockholdersEquity`	$5.98B	USD	Point-in-time
Total Edwards Lifesciences, Inc. stockholders' equity	`StockholdersEquity`	$5.81B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$84.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	-	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.06B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.81B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.84B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.84B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$8.29B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$8.65B	USD	Point-in-time

Income Statement 34 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.34B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.46B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$329.50M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$299.30M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.04B	USD	1 Quarter
Gross profit	`GrossProfit`	$1.13B	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$436.30M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$370.30M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$261.20M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$228.60M	USD	1 Quarter
Intellectual property agreement and litigation expenses, net (Note 3)	`LitigationSettlementExpense`	$7.10M	USD	1 Quarter
Intellectual property agreement and litigation expenses, net (Note 3)	`LitigationSettlementExpense`	$43.50M	USD	1 Quarter
Change in fair value of contingent consideration liabilities, net (Note 7)	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$700.00K	USD	1 Quarter
Change in fair value of contingent consideration liabilities, net (Note 7)	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-2.90M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$438.80M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$388.40M	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$600.00K	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$8.60M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-3.30M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$1.60M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$436.10M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$398.60M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$62.50M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$58.10M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$340.50M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$373.60M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.56	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.60	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.59	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.56	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	607.50M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	622.10M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	629.40M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	610.90M	shares	1 Quarter

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$340.50M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$373.60M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$35.20M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$34.70M	USD	1 Quarter
Non-cash operating lease cost	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$6.80M	USD	1 Quarter
Non-cash operating lease cost	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$7.10M	USD	1 Quarter
Stock-based compensation (Note 9)	`ShareBasedCompensation`	$38.90M	USD	1 Quarter
Stock-based compensation (Note 9)	`ShareBasedCompensation`	$32.40M	USD	1 Quarter
Change in fair value of contingent consideration liabilities, net (Note 7)	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-2.90M	USD	1 Quarter
Change in fair value of contingent consideration liabilities, net (Note 7)	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$700.00K	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$42.60M	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$51.80M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-20.40M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-400.00K	USD	1 Quarter
Accounts and other receivables, net	`IncreaseDecreaseInAccountsAndOtherReceivables`	$57.80M	USD	1 Quarter
Accounts and other receivables, net	`IncreaseDecreaseInAccountsAndOtherReceivables`	$77.50M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$24.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$32.80M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-45.20M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-109.20M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$87.20M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$82.90M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.70M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$23.80M	USD	1 Quarter
Intellectual property agreement accrual	`IncreaseDecreaseInLegalSettlementAccrual`	$29.30M	USD	1 Quarter
Intellectual property agreement accrual	`IncreaseDecreaseInLegalSettlementAccrual`	$-10.00M	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$13.00M	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-6.20M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$293.30M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$314.10M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$72.70M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$61.50M	USD	1 Quarter
Purchases of held-to-maturity investments (Note 4)	`PaymentsToAcquireHeldToMaturitySecurities`	$128.00M	USD	1 Quarter
Purchases of held-to-maturity investments (Note 4)	`PaymentsToAcquireHeldToMaturitySecurities`	$12.50M	USD	1 Quarter
Proceeds from held-to-maturity investments (Note 4)	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	$130.00M	USD	1 Quarter
Proceeds from held-to-maturity investments (Note 4)	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	$80.50M	USD	1 Quarter
Purchases of available-for-sale investments (Note 4)	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$74.10M	USD	1 Quarter
Purchases of available-for-sale investments (Note 4)	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$3.20M	USD	1 Quarter
Proceeds from available-for-sale investments (Note 4)	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$183.40M	USD	1 Quarter
Proceeds from available-for-sale investments (Note 4)	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$372.00M	USD	1 Quarter
Business combination, net of cash (Note 6)	`PaymentsToAcquireBusinessesNetOfCashAcquiredExcludingOptions`	-	USD	1 Quarter
Business combination, net of cash (Note 6)	`PaymentsToAcquireBusinessesNetOfCashAcquiredExcludingOptions`	$141.20M	USD	1 Quarter
Payment for acquisition options (Note 5)	`OtherPaymentsToAcquireBusinesses`	-	USD	1 Quarter
Payment for acquisition options (Note 5)	`OtherPaymentsToAcquireBusinesses`	$15.00M	USD	1 Quarter
Issuances of notes receivable	`PaymentsToAcquireReceivables`	$10.50M	USD	1 Quarter
Issuances of notes receivable	`PaymentsToAcquireReceivables`	$15.00M	USD	1 Quarter
Collections of notes receivable	`ProceedsFromCollectionOfNotesReceivable`	-	USD	1 Quarter
Collections of notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$18.00M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$5.20M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$15.00M	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$500.00K	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$229.50M	USD	1 Quarter
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$249.30M	USD	1 Quarter
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$405.60M	USD	1 Quarter
Proceeds from stock plans	`ProceedsFromStockPlans`	$41.90M	USD	1 Quarter
Proceeds from stock plans	`ProceedsFromStockPlans`	$37.50M	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$800.00K	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-206.60M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-368.10M	USD	1 Quarter
Effect of currency exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.20M	USD	1 Quarter
Effect of currency exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-4.20M	USD	1 Quarter
Net increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$103.80M	USD	1 Quarter
Net increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$167.90M	USD	1 Quarter
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$867.40M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$772.60M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.04B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$876.40M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.04B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$876.40M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$772.60M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$867.40M	USD	Point-in-time

Stockholders Equity 27 line items

Line Item	Tag	Value	Unit	Period
Common stock, beginning balance (in shares)	`CommonStockSharesOutstanding`	606.00M	shares	Point-in-time
Common stock, beginning balance (in shares)	`CommonStockSharesOutstanding`	608.30M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.06B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.81B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.84B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.84B	USD	Point-in-time
Treasury stock, beginning balance (in shares)	`TreasuryStockCommonShares`	41.10M	shares	Point-in-time
Treasury stock, beginning balance (in shares)	`TreasuryStockCommonShares`	38.00M	shares	Point-in-time
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$340.50M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$373.60M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-500.00K	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-28.90M	USD	1 Quarter
Common stock issued under stock plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$37.50M	USD	1 Quarter
Common stock issued under stock plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$41.90M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$38.90M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$32.40M	USD	1 Quarter
Purchases of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$249.50M	USD	1 Quarter
Purchases of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$405.60M	USD	1 Quarter
Changes to noncontrolling interest	`NoncontrollingInterestIncreaseFromBusinessCombination`	$84.00M	USD	1 Quarter
Common stock, ending balance (in shares)	`CommonStockSharesOutstanding`	606.00M	shares	Point-in-time
Common stock, ending balance (in shares)	`CommonStockSharesOutstanding`	608.30M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.06B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.81B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.84B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.84B	USD	Point-in-time
Treasury stock, ending balance (in shares)	`TreasuryStockCommonShares`	41.10M	shares	Point-in-time
Treasury stock, ending balance (in shares)	`TreasuryStockCommonShares`	38.00M	shares	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$340.50M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$373.60M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-10.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.80M	USD	1 Quarter
Unrealized (loss) gain on hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$13.40M	USD	1 Quarter
Unrealized (loss) gain on hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-17.20M	USD	1 Quarter
Unrealized pension costs	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	1 Quarter
Unrealized pension costs	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$100.00K	USD	1 Quarter
Unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-37.10M	USD	1 Quarter
Unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$9.00M	USD	1 Quarter
Reclassification of realized investment losses to earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-4.00M	USD	1 Quarter
Reclassification of realized investment losses to earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-4.80M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-500.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-28.90M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$340.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$344.70M	USD	1 Quarter

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