10-Q Filing

MARTIN MARIETTA MATERIALS INC CIK: 916076 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001564590-21-053473`
Period End Date	20210930
Filing Date	20211102
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	mlm-10q_20210930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 81 Income Statement 78 Cash Flow Statement 63 Stockholders Equity 45

Balance Sheet 81 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares, outstanding	`CommonStockSharesOutstanding`	62.40M	shares	Point-in-time
Common stock, shares, outstanding	`CommonStockSharesOutstanding`	62.30M	shares	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$207.30M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.38B	USD	Point-in-time
Restricted cash	`RestrictedCash`	$97.10M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$1.70M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$801.90M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$575.10M	USD	Point-in-time
Inventories, net	`InventoryNet`	$717.50M	USD	Point-in-time
Inventories, net	`InventoryNet`	$709.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$79.80M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$98.20M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$4.00B	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.67B	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$8.96B	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$9.54B	USD	Point-in-time
Allowances for depreciation, depletion and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$3.71B	USD	Point-in-time
Allowances for depreciation, depletion and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$3.93B	USD	Point-in-time
Net property, plant and equipment	`PropertyPlantAndEquipmentNet`	$5.24B	USD	Point-in-time
Net property, plant and equipment	`PropertyPlantAndEquipmentNet`	$5.61B	USD	Point-in-time
Goodwill	`Goodwill`	$2.61B	USD	Point-in-time
Goodwill	`Goodwill`	$2.41B	USD	Point-in-time
Other intangibles, net	`OtherIntangibleAssetsNet`	$508.00M	USD	Point-in-time
Other intangibles, net	`OtherIntangibleAssetsNet`	$787.20M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$453.00M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$417.80M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$295.20M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$359.40M	USD	Point-in-time
Total Assets	`Assets`	$13.79B	USD	Point-in-time
Total Assets	`Assets`	$10.58B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$249.30M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$207.80M	USD	Point-in-time
Accrued salaries, benefits and payroll taxes	`AccruedSalariesBenefitsAndPayrollTaxes`	$65.50M	USD	Point-in-time
Accrued salaries, benefits and payroll taxes	`AccruedSalariesBenefitsAndPayrollTaxes`	$82.60M	USD	Point-in-time
Accrued other taxes	`AccruedOtherTaxesCurrent`	$45.40M	USD	Point-in-time
Accrued other taxes	`AccruedOtherTaxesCurrent`	$59.40M	USD	Point-in-time
Current maturities of long-term debt and short-term facilities	`LongTermDebtCurrent`	$20.10M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$18.30M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$46.10M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$48.60M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$47.30M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$113.50M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$96.60M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$499.30M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$601.20M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.63B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$5.10B	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$781.50M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$809.30M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$375.90M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$410.40M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$370.50M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$542.20M	USD	Point-in-time
Total Liabilities	`Liabilities`	$7.43B	USD	Point-in-time
Total Liabilities	`Liabilities`	$4.69B	USD	Point-in-time
Common stock, par value $0.01 per share (62.4 and 62.3 shares outstanding at September 30, 2021 and December 31, 2020, respectively)	`CommonStockValue`	$600.00K	USD	Point-in-time
Common stock, par value $0.01 per share (62.4 and 62.3 shares outstanding at September 30, 2021 and December 31, 2020, respectively)	`CommonStockValue`	$600.00K	USD	Point-in-time
Preferred stock, par value $0.01 per share	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, par value $0.01 per share	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$3.44B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$3.46B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-158.40M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-151.40M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.04B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.61B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$5.89B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$6.36B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$2.60M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$2.30M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.13B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.36B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.35B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.89B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.76B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.49B	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$10.58B	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$13.79B	USD	Point-in-time

Income Statement 78 line items

Line Item	Tag	Value	Unit	Period
Total Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.32B	USD	1 Quarter
Total Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.56B	USD	1 Quarter
Total Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.55B	USD	3 Qtrs
Total Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.92B	USD	3 Qtrs
Total Cost of Revenues	`CostOfGoodsAndServicesSold`	$1.12B	USD	1 Quarter
Total Cost of Revenues	`CostOfGoodsAndServicesSold`	$2.62B	USD	3 Qtrs
Total Cost of Revenues	`CostOfGoodsAndServicesSold`	$2.92B	USD	3 Qtrs
Total Cost of Revenues	`CostOfGoodsAndServicesSold`	$916.90M	USD	1 Quarter
Gross Profit	`GrossProfit`	$441.90M	USD	1 Quarter
Gross Profit	`GrossProfit`	$927.40M	USD	3 Qtrs
Gross Profit	`GrossProfit`	$1.00B	USD	3 Qtrs
Gross Profit	`GrossProfit`	$404.50M	USD	1 Quarter
Selling, general & administrative expenses	`SellingGeneralAndAdministrativeExpense`	$221.00M	USD	3 Qtrs
Selling, general & administrative expenses	`SellingGeneralAndAdministrativeExpense`	$71.10M	USD	1 Quarter
Selling, general & administrative expenses	`SellingGeneralAndAdministrativeExpense`	$86.00M	USD	1 Quarter
Selling, general & administrative expenses	`SellingGeneralAndAdministrativeExpense`	$248.20M	USD	3 Qtrs
Acquisition-related expenses	`BusinessCombinationAcquisitionRelatedCosts`	$1.20M	USD	3 Qtrs
Acquisition-related expenses	`BusinessCombinationAcquisitionRelatedCosts`	$7.40M	USD	1 Quarter
Acquisition-related expenses	`BusinessCombinationAcquisitionRelatedCosts`	$400.00K	USD	1 Quarter
Acquisition-related expenses	`BusinessCombinationAcquisitionRelatedCosts`	$18.00M	USD	3 Qtrs
Other operating income, net	`OtherOperatingIncomeExpenseNet`	$8.40M	USD	1 Quarter
Other operating income, net	`OtherOperatingIncomeExpenseNet`	$59.60M	USD	3 Qtrs
Other operating income, net	`OtherOperatingIncomeExpenseNet`	$67.60M	USD	1 Quarter
Other operating income, net	`OtherOperatingIncomeExpenseNet`	$28.20M	USD	3 Qtrs
Earnings from Operations	`OperatingIncomeLoss`	$400.60M	USD	1 Quarter
Earnings from Operations	`OperatingIncomeLoss`	$763.70M	USD	3 Qtrs
Earnings from Operations	`OperatingIncomeLoss`	$356.90M	USD	1 Quarter
Earnings from Operations	`OperatingIncomeLoss`	$764.80M	USD	3 Qtrs
Interest expense	`InterestExpense`	$44.30M	USD	1 Quarter
Interest expense	`InterestExpense`	$99.90M	USD	3 Qtrs
Interest expense	`InterestExpense`	$28.70M	USD	1 Quarter
Interest expense	`InterestExpense`	$89.70M	USD	3 Qtrs
Other nonoperating income, net	`OtherNonoperatingIncomeExpense`	$5.90M	USD	3 Qtrs
Other nonoperating income, net	`OtherNonoperatingIncomeExpense`	$5.60M	USD	1 Quarter
Other nonoperating income, net	`OtherNonoperatingIncomeExpense`	$4.00M	USD	1 Quarter
Other nonoperating income, net	`OtherNonoperatingIncomeExpense`	$23.80M	USD	3 Qtrs
Earnings before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$318.20M	USD	1 Quarter
Earnings before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$687.60M	USD	3 Qtrs
Earnings before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$375.90M	USD	1 Quarter
Earnings before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$681.00M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$63.60M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$81.50M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$143.00M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$141.70M	USD	3 Qtrs
Consolidated net earnings	`ProfitLoss`	$294.40M	USD	1 Quarter
Consolidated net earnings	`ProfitLoss`	$545.90M	USD	3 Qtrs
Consolidated net earnings	`ProfitLoss`	$538.00M	USD	3 Qtrs
Consolidated net earnings	`ProfitLoss`	$254.60M	USD	1 Quarter
Less: Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$200.00K	USD	3 Qtrs
Net Earnings Attributable to Martin Marietta Materials, Inc.	`NetIncomeLoss`	$545.70M	USD	3 Qtrs
Net Earnings Attributable to Martin Marietta Materials, Inc.	`NetIncomeLoss`	$254.60M	USD	1 Quarter
Net Earnings Attributable to Martin Marietta Materials, Inc.	`NetIncomeLoss`	$538.00M	USD	3 Qtrs
Net Earnings Attributable to Martin Marietta Materials, Inc.	`NetIncomeLoss`	$294.40M	USD	1 Quarter
Earnings attributable to Martin Marietta Materials, Inc.	`ComprehensiveIncomeNetOfTax`	$545.20M	USD	3 Qtrs
Earnings attributable to Martin Marietta Materials, Inc.	`ComprehensiveIncomeNetOfTax`	$256.20M	USD	1 Quarter
Earnings attributable to Martin Marietta Materials, Inc.	`ComprehensiveIncomeNetOfTax`	$298.00M	USD	1 Quarter
Earnings attributable to Martin Marietta Materials, Inc.	`ComprehensiveIncomeNetOfTax`	$552.70M	USD	3 Qtrs
Earnings attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$200.00K	USD	3 Qtrs
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$256.20M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$298.00M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$552.90M	USD	3 Qtrs
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$545.20M	USD	3 Qtrs
Basic attributable to common shareholders	`EarningsPerShareBasic`	$4.72	USD	1 Quarter
Basic attributable to common shareholders	`EarningsPerShareBasic`	$8.74	USD	3 Qtrs
Basic attributable to common shareholders	`EarningsPerShareBasic`	$4.08	USD	1 Quarter
Basic attributable to common shareholders	`EarningsPerShareBasic`	$8.63	USD	3 Qtrs
Diluted attributable to common shareholders	`EarningsPerShareDiluted`	$4.07	USD	1 Quarter
Diluted attributable to common shareholders	`EarningsPerShareDiluted`	$8.61	USD	3 Qtrs
Diluted attributable to common shareholders	`EarningsPerShareDiluted`	$8.72	USD	3 Qtrs
Diluted attributable to common shareholders	`EarningsPerShareDiluted`	$4.71	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	62.30M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	62.40M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	62.40M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	62.30M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	62.60M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	62.60M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	62.40M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	62.40M	shares	3 Qtrs

Cash Flow Statement 63 line items

Line Item	Tag	Value	Unit	Period
Consolidated net earnings	`ProfitLoss`	$294.40M	USD	1 Quarter
Consolidated net earnings	`ProfitLoss`	$545.90M	USD	3 Qtrs
Consolidated net earnings	`ProfitLoss`	$538.00M	USD	3 Qtrs
Consolidated net earnings	`ProfitLoss`	$254.60M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$320.00M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$292.20M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$22.40M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$33.00M	USD	3 Qtrs
Gain on divestitures and sales of assets	`GainLossOnDispositionOfAssets`	$71.20M	USD	3 Qtrs
Gain on divestitures and sales of assets	`GainLossOnDispositionOfAssets`	$26.60M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$25.70M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$24.80M	USD	3 Qtrs
Other items, net	`OtherNoncashIncomeExpense`	$8.30M	USD	3 Qtrs
Other items, net	`OtherNoncashIncomeExpense`	$-800.00K	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$218.00M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$104.50M	USD	3 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$22.60M	USD	3 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$-65.10M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-800.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$66.90M	USD	3 Qtrs
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$23.40M	USD	3 Qtrs
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-4.90M	USD	3 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$684.00M	USD	3 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$780.30M	USD	3 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$321.30M	USD	3 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$250.80M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$64.00M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$792.90M	USD	3 Qtrs
Proceeds from divestitures and sales of assets	`ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets`	$41.40M	USD	3 Qtrs
Proceeds from divestitures and sales of assets	`ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets`	$141.20M	USD	3 Qtrs
Investments in life insurance contracts, net	`PaymentsForProceedsFromLifeInsurancePolicies`	$-13.90M	USD	3 Qtrs
Investments in life insurance contracts, net	`PaymentsForProceedsFromLifeInsurancePolicies`	$12.70M	USD	3 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$5.40M	USD	3 Qtrs
Net Cash Used for Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.06B	USD	3 Qtrs
Net Cash Used for Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-191.70M	USD	3 Qtrs
Borrowings of debt	`ProceedsFromIssuanceOfDebt`	$628.10M	USD	3 Qtrs
Borrowings of debt	`ProceedsFromIssuanceOfDebt`	$2.90B	USD	3 Qtrs
Repayments of debt	`RepaymentsOfDebt`	$777.00M	USD	3 Qtrs
Repayments of debt	`RepaymentsOfDebt`	$400.00M	USD	3 Qtrs
Payments on financing leases	`FinanceLeasePrincipalPayments`	$2.30M	USD	3 Qtrs
Payments on financing leases	`FinanceLeasePrincipalPayments`	$7.60M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$2.00M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$6.10M	USD	3 Qtrs
Distributions to owners of noncontrolling interest	`PaymentsOfDividendsMinorityInterest`	$500.00K	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$50.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$104.80M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$109.70M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.40M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.10M	USD	3 Qtrs
Shares withheld for employees' income tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$16.50M	USD	3 Qtrs
Shares withheld for employees' income tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$13.00M	USD	3 Qtrs
Net Cash Provided by (Used for) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$2.36B	USD	3 Qtrs
Net Cash Provided by (Used for) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-319.60M	USD	3 Qtrs
Net Increase in Cash, Cash Equivalents and Restricted Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$172.70M	USD	3 Qtrs
Net Increase in Cash, Cash Equivalents and Restricted Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$2.08B	USD	3 Qtrs
Cash, Cash Equivalents and Restricted Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.38B	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$193.70M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$304.40M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$21.00M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.38B	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$193.70M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$304.40M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$21.00M	USD	Point-in-time

Stockholders Equity 45 line items

Line Item	Tag	Value	Unit	Period
Dividends declared	`CommonStockDividendsPerShareDeclared`	$1.75	USD	3 Qtrs
Dividends declared	`CommonStockDividendsPerShareDeclared`	$0.61	USD	1 Quarter
Dividends declared	`CommonStockDividendsPerShareDeclared`	$1.67	USD	3 Qtrs
Dividends declared	`CommonStockDividendsPerShareDeclared`	$0.57	USD	1 Quarter
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.13B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.36B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.35B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.89B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.76B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.49B	USD	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesOutstanding`	62.40M	shares	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesOutstanding`	62.30M	shares	Point-in-time
Consolidated net earnings	`ProfitLoss`	$294.40M	USD	1 Quarter
Consolidated net earnings	`ProfitLoss`	$545.90M	USD	3 Qtrs
Consolidated net earnings	`ProfitLoss`	$538.00M	USD	3 Qtrs
Consolidated net earnings	`ProfitLoss`	$254.60M	USD	1 Quarter
Other comprehensive earnings, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$7.20M	USD	3 Qtrs
Other comprehensive earnings, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$7.00M	USD	3 Qtrs
Other comprehensive earnings, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$1.60M	USD	1 Quarter
Other comprehensive earnings, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$3.60M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$110.00M	USD	3 Qtrs
Dividends declared	`DividendsCommonStockCash`	$35.60M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$38.40M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$104.70M	USD	3 Qtrs
Issuances of common stock for stock award plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$5.70M	USD	3 Qtrs
Issuances of common stock for stock award plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$6.00M	USD	3 Qtrs
Issuances of common stock for stock award plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$400.00K	USD	1 Quarter
Issuances of common stock for stock award plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$200.00K	USD	1 Quarter
Shares withheld for employees' income tax obligations	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$400.00K	USD	1 Quarter
Shares withheld for employees' income tax obligations	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$13.00M	USD	3 Qtrs
Shares withheld for employees' income tax obligations	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$16.50M	USD	3 Qtrs
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$50.00M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.70M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$22.40M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.20M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$33.00M	USD	3 Qtrs
Distributions to owners of noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$500.00K	USD	3 Qtrs
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.13B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.36B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.35B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.89B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.76B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.49B	USD	Point-in-time
Ending Balance (in shares)	`CommonStockSharesOutstanding`	62.40M	shares	Point-in-time
Ending Balance (in shares)	`CommonStockSharesOutstanding`	62.30M	shares	Point-in-time

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