10-Q Filing

ADVANCE AUTO PARTS INC CIK: 1158449 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001158449-23-000204`
Period End Date	20230630
Filing Date	20230823
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	aap-20230715_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 65 Cash Flow Statement 66 Stockholders Equity 52 Comprehensive Income 24

Balance Sheet 70 line items

Line Item	Tag	Value	Unit	Period
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.59M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.74M	USD	Point-in-time
Preferred stock par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$269.28M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$277.06M	USD	Point-in-time
Receivables, net	`AccountsReceivableNetCurrent`	$698.61M	USD	Point-in-time
Receivables, net	`AccountsReceivableNetCurrent`	$793.77M	USD	Point-in-time
Inventories	`InventoryNet`	$5.07B	USD	Point-in-time
Inventories	`InventoryNet`	$4.92B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$188.17M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$163.69M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.05B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.33B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $2,735,674 and $2,590,382	`PropertyPlantAndEquipmentNet`	$1.69B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $2,735,674 and $2,590,382	`PropertyPlantAndEquipmentNet`	$1.69B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$2.61B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$2.62B	USD	Point-in-time
Goodwill	`Goodwill`	$990.47M	USD	Point-in-time
Goodwill	`Goodwill`	$991.87M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$606.45M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$620.90M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$62.43M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$71.87M	USD	Point-in-time
Total assets	`Assets`	$12.30B	USD	Point-in-time
Total assets	`Assets`	$12.02B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.12B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.78B	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$634.45M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$685.19M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$185.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$95.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$427.48M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$465.97M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.37B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.03B	USD	Point-in-time
Long-term debt	`LongTermDebt`	$1.79B	USD	Point-in-time
Long-term debt	`LongTermDebt`	$1.19B	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$2.28B	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$2.25B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$416.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$432.68M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$87.06M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$87.21M	USD	Point-in-time
Total Liabilities	`Liabilities`	$9.34B	USD	Point-in-time
Total Liabilities	`Liabilities`	$9.58B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, nonvoting, $0.0001 par value	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, nonvoting, $0.0001 par value	`PreferredStockValue`	-	USD	Point-in-time
Common stock, voting, $0.0001 par value	`CommonStockValue`	$8.00K	USD	Point-in-time
Common stock, voting, $0.0001 par value	`CommonStockValue`	$8.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$897.56M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$925.41M	USD	Point-in-time
Treasury stock, at cost	`TreasuryStockCommonValue`	$2.92B	USD	Point-in-time
Treasury stock, at cost	`TreasuryStockCommonValue`	$2.93B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-36.82M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-45.14M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.77B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.74B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.64B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.72B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.68B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.91B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.13B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.79B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$12.02B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$12.30B	USD	Point-in-time

Income Statement 65 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.67B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.04B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.69B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.10B	USD	2 Qtrs
Cost of sales, including purchasing and warehousing costs	`CostOfGoodsAndServicesSold`	$3.35B	USD	2 Qtrs
Cost of sales, including purchasing and warehousing costs	`CostOfGoodsAndServicesSold`	$1.48B	USD	1 Quarter
Cost of sales, including purchasing and warehousing costs	`CostOfGoodsAndServicesSold`	$3.48B	USD	2 Qtrs
Cost of sales, including purchasing and warehousing costs	`CostOfGoodsAndServicesSold`	$1.54B	USD	1 Quarter
Gross profit	`GrossProfit`	$1.15B	USD	1 Quarter
Gross profit	`GrossProfit`	$2.69B	USD	2 Qtrs
Gross profit	`GrossProfit`	$1.19B	USD	1 Quarter
Gross profit	`GrossProfit`	$2.62B	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.01B	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.29B	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.39B	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$984.04M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$134.37M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$224.37M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$404.95M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$201.68M	USD	1 Quarter
Interest expense	`InterestIncomeExpenseNonoperatingNet`	$-23.07M	USD	2 Qtrs
Interest expense	`InterestIncomeExpenseNonoperatingNet`	$-20.87M	USD	1 Quarter
Interest expense	`InterestIncomeExpenseNonoperatingNet`	$-50.59M	USD	2 Qtrs
Interest expense	`InterestIncomeExpenseNonoperatingNet`	$-10.21M	USD	1 Quarter
Loss on early redemption of senior unsecured notes	`GainsLossesOnExtinguishmentOfDebt`	$-7.41M	USD	2 Qtrs
Loss on early redemption of senior unsecured notes	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Loss on early redemption of senior unsecured notes	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on early redemption of senior unsecured notes	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$1.01M	USD	2 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-711.00K	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$1.68M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-575.00K	USD	2 Qtrs
Total other, net	`NonoperatingIncomeExpense`	$-10.92M	USD	1 Quarter
Total other, net	`NonoperatingIncomeExpense`	$-19.18M	USD	1 Quarter
Total other, net	`NonoperatingIncomeExpense`	$-31.06M	USD	2 Qtrs
Total other, net	`NonoperatingIncomeExpense`	$-49.58M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$115.18M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$190.76M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$174.79M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$373.89M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$46.36M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$46.78M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$29.82M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$89.70M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$284.19M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$128.01M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$144.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$85.36M	USD	1 Quarter
Basic earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$1.44	USD	1 Quarter
Basic earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$2.39	USD	1 Quarter
Basic earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$2.16	USD	2 Qtrs
Basic earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$4.67	USD	2 Qtrs
Weighted Average Number of Shares Issued, Basic	`WeightedAverageNumberOfSharesIssuedBasic`	59.38M	shares	2 Qtrs
Weighted-average common shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	59.45M	shares	1 Quarter
Weighted-average common shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	59.38M	shares	2 Qtrs
Weighted-average common shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	60.45M	shares	1 Quarter
Weighted-average common shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	60.91M	shares	2 Qtrs
Diluted earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$2.38	USD	1 Quarter
Diluted earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$2.15	USD	2 Qtrs
Diluted earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$1.43	USD	1 Quarter
Diluted earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$4.63	USD	2 Qtrs
Weighted-average common shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	61.33M	shares	2 Qtrs
Weighted-average common shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	59.60M	shares	1 Quarter
Weighted-average common shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	60.78M	shares	1 Quarter
Weighted-average common shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	59.57M	shares	2 Qtrs

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$284.19M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$128.01M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$144.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$85.36M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$162.97M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$148.69M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$26.79M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$29.34M	USD	2 Qtrs
Loss and impairment of long-lived assets	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$-2.97M	USD	2 Qtrs
Loss and impairment of long-lived assets	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$-859.00K	USD	2 Qtrs
Loss on early redemption of senior unsecured notes	`GainsLossesOnExtinguishmentOfDebt`	$-7.41M	USD	2 Qtrs
Loss on early redemption of senior unsecured notes	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Loss on early redemption of senior unsecured notes	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on early redemption of senior unsecured notes	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$8.78M	USD	2 Qtrs
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$16.25M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-1.17M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-1.57M	USD	2 Qtrs
Receivables, net	`IncreaseDecreaseInAccountsReceivable`	$93.54M	USD	2 Qtrs
Receivables, net	`IncreaseDecreaseInAccountsReceivable`	$149.25M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$176.30M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$145.15M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$168.22M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-346.81M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-46.89M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$120.89M	USD	2 Qtrs
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$36.01M	USD	2 Qtrs
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-29.80M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$308.54M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-164.56M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$144.87M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$211.21M	USD	2 Qtrs
Proceeds from sales of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.53M	USD	2 Qtrs
Proceeds from sales of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$830.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-143.34M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-210.38M	USD	2 Qtrs
Borrowings under credit facilities	`ProceedsFromLinesOfCredit`	$4.33B	USD	2 Qtrs
Borrowings under credit facilities	`ProceedsFromLinesOfCredit`	$743.00M	USD	2 Qtrs
Payments on credit facilities	`RepaymentsOfLinesOfCredit`	$643.00M	USD	2 Qtrs
Payments on credit facilities	`RepaymentsOfLinesOfCredit`	$4.42B	USD	2 Qtrs
Borrowings on senior unsecured notes	`ProceedsFromIssuanceOfDebt`	$599.57M	USD	2 Qtrs
Borrowings on senior unsecured notes	`ProceedsFromIssuanceOfDebt`	$348.62M	USD	2 Qtrs
Payments on senior unsecured notes	`RepaymentsOfUnsecuredDebt`	$201.08M	USD	2 Qtrs
Payments on senior unsecured notes	`RepaymentsOfUnsecuredDebt`	-	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$245.60M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$179.35M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$466.17M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$13.81M	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.33M	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.01M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-465.56M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$314.40M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.52M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.28M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-360.88M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$7.78M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$269.28M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$277.06M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$240.55M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$601.43M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$269.28M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$277.06M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$240.55M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$601.43M	USD	Point-in-time
Accrued purchases of property and equipment	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$10.18M	USD	2 Qtrs
Accrued purchases of property and equipment	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$19.63M	USD	2 Qtrs

Stockholders Equity 52 line items

Line Item	Tag	Value	Unit	Period
Cash dividends declared (per common share)	`CommonStockDividendsPerShareDeclared`	$1.50	USD	1 Quarter
Cash dividends declared (per common share)	`CommonStockDividendsPerShareDeclared`	$0.25	USD	1 Quarter
Cash dividends declared (per common share)	`CommonStockDividendsPerShareDeclared`	$3.00	USD	2 Qtrs
Cash dividends declared (per common share)	`CommonStockDividendsPerShareDeclared`	$1.75	USD	2 Qtrs
Balance	`StockholdersEquity`	$2.64B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.72B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.68B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.91B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.13B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.79B	USD	Point-in-time
Net income	`NetIncomeLoss`	$284.19M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$128.01M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$144.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$85.36M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$8.32M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$7.53M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$20.28M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.84M	USD	2 Qtrs
Issuance of shares upon the exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$354.00K	USD	2 Qtrs
Issuance of shares upon the exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$121.00K	USD	1 Quarter
Issuance of shares upon the exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$62.00K	USD	1 Quarter
Issuance of shares upon the exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$62.00K	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$10.27M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$12.37M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$29.34M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$26.79M	USD	2 Qtrs
Stock issued under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$898.00K	USD	1 Quarter
Stock issued under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.00M	USD	2 Qtrs
Stock issued under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.16M	USD	1 Quarter
Stock issued under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.09M	USD	2 Qtrs
Repurchases of common stock (in shares)	`TreasuryStockSharesAcquired`	0.00	shares	2 Qtrs
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$466.17M	USD	2 Qtrs
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$1.20M	USD	1 Quarter
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$13.81M	USD	2 Qtrs
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$201.70M	USD	1 Quarter
Common Stock, Dividends, Per Share, Declared	`CommonStockDividendsPerShareDeclared`	$1.50	USD	1 Quarter
Common Stock, Dividends, Per Share, Declared	`CommonStockDividendsPerShareDeclared`	$0.25	USD	1 Quarter
Common Stock, Dividends, Per Share, Declared	`CommonStockDividendsPerShareDeclared`	$3.00	USD	2 Qtrs
Common Stock, Dividends, Per Share, Declared	`CommonStockDividendsPerShareDeclared`	$1.75	USD	2 Qtrs
Cash dividends declared	`DividendsCash`	$183.44M	USD	2 Qtrs
Cash dividends declared	`DividendsCash`	$15.89M	USD	1 Quarter
Cash dividends declared	`DividendsCash`	$105.47M	USD	2 Qtrs
Cash dividends declared	`DividendsCash`	$90.90M	USD	1 Quarter
Other	`StockholdersEquityOther`	$-600.00K	USD	1 Quarter
Other	`StockholdersEquityOther`	$-1.00M	USD	2 Qtrs
Other	`StockholdersEquityOther`	$-1.70M	USD	2 Qtrs
Balance	`StockholdersEquity`	$2.64B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.72B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.68B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.91B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.13B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.79B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Changes in net unrecognized other postretirment benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$25.00K	USD	1 Quarter
Changes in net unrecognized other postretirment benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$16.00K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$284.19M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$128.01M	USD	2 Qtrs
Changes in net unrecognized other postretirment benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-14.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$144.40M	USD	1 Quarter
Changes in net unrecognized other postretirment benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$56.00K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$85.36M	USD	1 Quarter
Changes in net unrecognized other postretirement benefits, net of tax (benefit) expense of $(14), $25, $56 and $16	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$-38.00K	USD	1 Quarter
Changes in net unrecognized other postretirement benefits, net of tax (benefit) expense of $(14), $25, $56 and $16	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$-46.00K	USD	2 Qtrs
Changes in net unrecognized other postretirement benefits, net of tax (benefit) expense of $(14), $25, $56 and $16	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$159.00K	USD	2 Qtrs
Changes in net unrecognized other postretirement benefits, net of tax (benefit) expense of $(14), $25, $56 and $16	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$-70.00K	USD	1 Quarter
Currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.88M	USD	2 Qtrs
Currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$8.16M	USD	2 Qtrs
Currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$20.35M	USD	1 Quarter
Currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$7.57M	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$8.32M	USD	2 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$7.53M	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$20.28M	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$1.84M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$286.03M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$92.89M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$164.68M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$136.33M	USD	2 Qtrs

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