10-Q Filing

CORPAY, INC. CIK: 1175454 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001175454-20-000033`
Period End Date	20200630
Filing Date	20200810
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	flt-20200630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 74 Cash Flow Statement 78 Stockholders Equity 36 Comprehensive Income 24

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$59.96M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$68.33M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$70.89M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$88.36M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.27B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	475.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$765.79M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	475.00M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$403.74M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	124.63M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$425.56M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	125.65M	shares	Point-in-time
Accounts and other receivables (less allowance for credit losses of $88,364 at June 30, 2020 and $70,890 at December 31, 2019)	`AccountsReceivableNetCurrent`	$1.28B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	84.05M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	85.34M	shares	Point-in-time
Accounts and other receivables (less allowance for credit losses of $88,364 at June 30, 2020 and $70,890 at December 31, 2019)	`AccountsReceivableNetCurrent`	$1.57B	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockShares`	39.28M	shares	Point-in-time
Securitized accounts receivablerestricted for securitization investors	`AccountsReceivableFromSecuritization`	$654.00M	USD	Point-in-time
Securitized accounts receivablerestricted for securitization investors	`AccountsReceivableFromSecuritization`	$970.97M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockShares`	41.60M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$403.40M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$339.38M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.62B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.46B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$199.82M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$185.60M	USD	Point-in-time
Goodwill	`Goodwill`	$4.83B	USD	Point-in-time
Goodwill	`Goodwill`	$4.58B	USD	Point-in-time
Other intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$2.12B	USD	Point-in-time
Other intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$2.34B	USD	Point-in-time
Investments	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$61.77M	USD	Point-in-time
Investments	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$30.44M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$224.78M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$211.72M	USD	Point-in-time
Total assets	`Assets`	$12.25B	USD	Point-in-time
Total assets	`Assets`	$10.63B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.10B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.25B	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$275.51M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$244.07M	USD	Point-in-time
Customer deposits	`ContractWithCustomerLiabilityCurrent`	$1.01B	USD	Point-in-time
Customer deposits	`ContractWithCustomerLiabilityCurrent`	$887.60M	USD	Point-in-time
Securitization facility	`SecuredDebtCurrent`	$654.00M	USD	Point-in-time
Securitization facility	`SecuredDebtCurrent`	$970.97M	USD	Point-in-time
Current portion of notes payable and lines of credit	`NotesAndLoansPayableCurrent`	$775.87M	USD	Point-in-time
Current portion of notes payable and lines of credit	`NotesAndLoansPayableCurrent`	$591.18M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$153.82M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$183.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.46B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.63B	USD	Point-in-time
Notes payable and other obligations, less current portion	`LongTermNotesAndLoans`	$3.29B	USD	Point-in-time
Notes payable and other obligations, less current portion	`LongTermNotesAndLoans`	$3.20B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$501.23M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$519.98M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$263.93M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$329.62M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$4.03B	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$4.07B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.001 par value; 475,000,000 shares authorized; 125,650,513 shares issued and 84,049,888 shares outstanding at June 30, 2020; and 124,626,786 shares issued and 85,342,156 shares outstanding at December 31, 2019	`CommonStockValue`	$126.00K	USD	Point-in-time
Common stock, $0.001 par value; 475,000,000 shares authorized; 125,650,513 shares issued and 84,049,888 shares outstanding at June 30, 2020; and 124,626,786 shares issued and 85,342,156 shares outstanding at December 31, 2019	`CommonStockValue`	$124.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.49B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.69B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.71B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.02B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-972.47M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.58B	USD	Point-in-time
Less treasury stock, 41,600,625 shares at June 30, 2020 and 39,284,630 shares at December 31, 2019	`TreasuryStockValue`	$2.52B	USD	Point-in-time
Less treasury stock, 41,600,625 shares at June 30, 2020 and 39,284,630 shares at December 31, 2019	`TreasuryStockValue`	$3.16B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.53B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.34B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.97B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.80B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.71B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.84B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$10.63B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$12.25B	USD	Point-in-time

Income Statement 74 line items

Line Item	Tag	Value	Unit	Period
Revenues, net	`Revenues`	$1.19B	USD	2 Qtrs
Revenues, net	`Revenues`	$647.09M	USD	1 Quarter
Revenues, net	`Revenues`	$1.27B	USD	2 Qtrs
Revenues, net	`Revenues`	$525.15M	USD	1 Quarter
Processing	`ProcessingExpenses`	$120.46M	USD	1 Quarter
Processing	`ProcessingExpenses`	$249.57M	USD	2 Qtrs
Processing	`ProcessingExpenses`	$354.99M	USD	2 Qtrs
Processing	`ProcessingExpenses`	$121.29M	USD	1 Quarter
Selling	`SellingExpense`	$101.12M	USD	2 Qtrs
Selling	`SellingExpense`	$42.37M	USD	1 Quarter
Selling	`SellingExpense`	$51.86M	USD	1 Quarter
Selling	`SellingExpense`	$98.23M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$86.74M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$199.57M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$106.78M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$192.85M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$70.91M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$126.64M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$138.35M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$62.16M	USD	1 Quarter
Other operating, net	`OtherOperatingIncomeExpenseNet`	$229.00K	USD	1 Quarter
Other operating, net	`OtherOperatingIncomeExpenseNet`	$1.18M	USD	2 Qtrs
Other operating, net	`OtherOperatingIncomeExpenseNet`	$268.00K	USD	2 Qtrs
Other operating, net	`OtherOperatingIncomeExpenseNet`	$230.00K	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$297.32M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$212.81M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$581.49M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$413.79M	USD	2 Qtrs
Investment (gain) loss	`IncomeLossFromEquityMethodInvestments`	-	USD	1 Quarter
Investment (gain) loss	`IncomeLossFromEquityMethodInvestments`	$31.34M	USD	2 Qtrs
Investment (gain) loss	`IncomeLossFromEquityMethodInvestments`	$33.71M	USD	1 Quarter
Investment (gain) loss	`IncomeLossFromEquityMethodInvestments`	$-15.66M	USD	2 Qtrs
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$-528.00K	USD	1 Quarter
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$6.89M	USD	2 Qtrs
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$-748.00K	USD	2 Qtrs
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$-2.48M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-68.09M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-39.53M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-78.58M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-32.41M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-40.06M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-29.87M	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-1.18M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-94.99M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$211.63M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$257.26M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$383.93M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$486.50M	USD	2 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$53.14M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$78.38M	USD	2 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-4.39M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$52.74M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$261.65M	USD	1 Quarter
Net income	`NetIncomeLoss`	$433.76M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$158.49M	USD	1 Quarter
Net income	`NetIncomeLoss`	$147.06M	USD	1 Quarter
Net income	`NetIncomeLoss`	$172.11M	USD	1 Quarter
Net income	`NetIncomeLoss`	$305.55M	USD	2 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$5.03	USD	2 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.89	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$3.62	USD	2 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$3.03	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$2.90	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$3.50	USD	2 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.83	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$4.84	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	83.89M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	86.16M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	84.40M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	86.36M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	90.13M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	87.38M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	86.57M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	89.69M	shares	2 Qtrs

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$261.65M	USD	1 Quarter
Net income	`NetIncomeLoss`	$433.76M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$158.49M	USD	1 Quarter
Net income	`NetIncomeLoss`	$147.06M	USD	1 Quarter
Net income	`NetIncomeLoss`	$172.11M	USD	1 Quarter
Net income	`NetIncomeLoss`	$305.55M	USD	2 Qtrs
Depreciation	`Depreciation`	$30.64M	USD	2 Qtrs
Depreciation	`Depreciation`	$31.61M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$30.85M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$23.16M	USD	2 Qtrs
Provision for losses on accounts and other receivables	`ProvisionForDoubtfulAccounts`	$139.00M	USD	2 Qtrs
Provision for losses on accounts and other receivables	`ProvisionForDoubtfulAccounts`	$40.14M	USD	2 Qtrs
Amortization of deferred financing costs and discounts	`AmortizationOfFinancingCostsAndDiscounts`	$2.89M	USD	2 Qtrs
Amortization of deferred financing costs and discounts	`AmortizationOfFinancingCostsAndDiscounts`	$2.43M	USD	2 Qtrs
Amortization of intangible assets and premium on receivables	`AmortizationOfIntangibleAssetsAndInvestmentIncomeAmortizationOfPremium`	$95.03M	USD	2 Qtrs
Amortization of intangible assets and premium on receivables	`AmortizationOfIntangibleAssetsAndInvestmentIncomeAmortizationOfPremium`	$107.71M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-64.88M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-8.73M	USD	2 Qtrs
Investment (gain) loss	`IncomeLossFromEquityMethodInvestments`	-	USD	1 Quarter
Investment (gain) loss	`IncomeLossFromEquityMethodInvestments`	$31.34M	USD	2 Qtrs
Investment (gain) loss	`IncomeLossFromEquityMethodInvestments`	$33.71M	USD	1 Quarter
Investment (gain) loss	`IncomeLossFromEquityMethodInvestments`	$-15.66M	USD	2 Qtrs
Other non-cash operating income	`OtherNoncashIncomeExpense`	$1.58M	USD	2 Qtrs
Other non-cash operating income	`OtherNoncashIncomeExpense`	$268.00K	USD	2 Qtrs
Accounts and other receivables	`IncreaseDecreaseInAccountsReceivable`	$418.81M	USD	2 Qtrs
Accounts and other receivables	`IncreaseDecreaseInAccountsReceivable`	$-359.69M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-46.22M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-8.15M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$17.29M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-828.00K	USD	2 Qtrs
Accounts payable, accrued expenses and customer deposits	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$383.23M	USD	2 Qtrs
Accounts payable, accrued expenses and customer deposits	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-161.46M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$802.17M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$550.02M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$492.00K	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$250.93M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$17.47M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$36.87M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$18.61M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$31.98M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-37.36M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-282.90M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$92.98M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$56.95M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$557.36M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$4.02M	USD	2 Qtrs
(Payments) borrowings on securitization facility, net	`RepaymentsOfSecuredDebt`	$316.97M	USD	2 Qtrs
(Payments) borrowings on securitization facility, net	`ProceedsFromIssuanceOfSecuredDebt`	$88.00M	USD	2 Qtrs
Deferred financing costs paid and debt discount	`PaymentsOfFinancingCosts`	$974.00K	USD	2 Qtrs
Deferred financing costs paid and debt discount	`PaymentsOfFinancingCosts`	$352.00K	USD	2 Qtrs
Principal payments on notes payable	`RepaymentsOfNotesPayable`	$64.88M	USD	2 Qtrs
Principal payments on notes payable	`RepaymentsOfNotesPayable`	$92.91M	USD	2 Qtrs
Borrowings from revolver	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	$573.50M	USD	2 Qtrs
Borrowings from revolver	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	$765.71M	USD	2 Qtrs
Payments on revolver	`RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths`	$726.64M	USD	2 Qtrs
Payments on revolver	`RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths`	$1.03B	USD	2 Qtrs
(Payments) borrowings on swing line of credit, net	`RepaymentsOfLinesOfCredit`	$3.88M	USD	2 Qtrs
(Payments) borrowings on swing line of credit, net	`ProceedsFromLinesOfCredit`	$34.64M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-125.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-169.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-151.55M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.03B	USD	2 Qtrs
Effect of foreign currency exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.16M	USD	2 Qtrs
Effect of foreign currency exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-216.26M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-483.89M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$123.73M	USD	2 Qtrs
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.19B	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.36B	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.68B	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.49B	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.19B	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.36B	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.68B	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.49B	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$68.45M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$90.56M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$100.40M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$56.79M	USD	2 Qtrs

Stockholders Equity 36 line items

Line Item	Tag	Value	Unit	Period
Stockholders' Equity beginning balance	`StockholdersEquity`	$3.53B	USD	Point-in-time
Stockholders' Equity beginning balance	`StockholdersEquity`	$3.34B	USD	Point-in-time
Stockholders' Equity beginning balance	`StockholdersEquity`	$2.97B	USD	Point-in-time
Stockholders' Equity beginning balance	`StockholdersEquity`	$2.80B	USD	Point-in-time
Stockholders' Equity beginning balance	`StockholdersEquity`	$3.71B	USD	Point-in-time
Stockholders' Equity beginning balance	`StockholdersEquity`	$3.84B	USD	Point-in-time
Net income	`NetIncomeLoss`	$261.65M	USD	1 Quarter
Net income	`NetIncomeLoss`	$433.76M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$158.49M	USD	1 Quarter
Net income	`NetIncomeLoss`	$147.06M	USD	1 Quarter
Net income	`NetIncomeLoss`	$172.11M	USD	1 Quarter
Net income	`NetIncomeLoss`	$305.55M	USD	2 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-14.34M	USD	2 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$10.15M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-20.33M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-619.66M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-609.51M	USD	2 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$6.00M	USD	1 Quarter
Acquisition of common stock	`TreasuryStockValueAcquiredCostMethod`	$32.23M	USD	1 Quarter
Acquisition of common stock	`TreasuryStockValueAcquiredCostMethod`	$702.00K	USD	1 Quarter
Acquisition of common stock	`TreasuryStockValueAcquiredCostMethod`	$530.24M	USD	1 Quarter
Acquisition of common stock	`TreasuryStockValueAcquiredCostMethod`	$3.32M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.99M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$18.31M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.18M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.54M	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$24.81M	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$29.80M	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$27.16M	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$73.27M	USD	1 Quarter
Stockholders' Equity ending balance	`StockholdersEquity`	$3.53B	USD	Point-in-time
Stockholders' Equity ending balance	`StockholdersEquity`	$3.34B	USD	Point-in-time
Stockholders' Equity ending balance	`StockholdersEquity`	$2.97B	USD	Point-in-time
Stockholders' Equity ending balance	`StockholdersEquity`	$2.80B	USD	Point-in-time
Stockholders' Equity ending balance	`StockholdersEquity`	$3.71B	USD	Point-in-time
Stockholders' Equity ending balance	`StockholdersEquity`	$3.84B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$261.65M	USD	1 Quarter
Net income	`NetIncomeLoss`	$433.76M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$158.49M	USD	1 Quarter
Net income	`NetIncomeLoss`	$147.06M	USD	1 Quarter
Net income	`NetIncomeLoss`	$172.11M	USD	1 Quarter
Net income	`NetIncomeLoss`	$305.55M	USD	2 Qtrs
Foreign currency translation gains (losses), net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-566.86M	USD	2 Qtrs
Foreign currency translation gains (losses), net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$31.66M	USD	1 Quarter
Foreign currency translation gains (losses), net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$32.03M	USD	2 Qtrs
Foreign currency translation gains (losses), net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$8.26M	USD	1 Quarter
Net change in derivative contracts, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$1.89M	USD	1 Quarter
Net change in derivative contracts, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-46.37M	USD	2 Qtrs
Net change in derivative contracts, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-42.65M	USD	2 Qtrs
Net change in derivative contracts, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-25.67M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-14.34M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$10.15M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-20.33M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-619.66M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-609.51M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$6.00M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-303.96M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$267.65M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$168.64M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$419.42M	USD	2 Qtrs

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