10-K Filing

VERTIV HOLDINGS CO CIK: 1674101 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0001628280-24-006498`
Period End Date	20231231
Filing Date	20240223
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	vrt-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 60 Cash Flow Statement 151 Stockholders Equity 48 Comprehensive Income 21

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Allowance for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$29.10M	USD	Point-in-time
Allowance for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$18.40M	USD	Point-in-time
Preferred stock, par value (USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$260.60M	USD	Point-in-time
Preferred stock shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$439.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$780.40M	USD	Point-in-time
Preferred stock shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, less allowances of $29.1 and $18.4, respectively	`AccountsReceivableNetCurrent`	$2.19B	USD	Point-in-time
Accounts receivable, less allowances of $29.1 and $18.4, respectively	`AccountsReceivableNetCurrent`	$1.89B	USD	Point-in-time
Preferred stock shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$884.30M	USD	Point-in-time
Inventories	`InventoryNet`	$822.00M	USD	Point-in-time
Preferred stock shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$187.30M	USD	Point-in-time
Common stock, par value (USD per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (USD per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$151.60M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.00B	USD	Point-in-time
Common stock shares authorized (in shares)	`CommonStockSharesAuthorized`	700.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$3.16B	USD	Point-in-time
Common stock shares authorized (in shares)	`CommonStockSharesAuthorized`	700.00M	shares	Point-in-time
Common stock shares issued (in shares)	`CommonStockSharesIssued`	377.37M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$560.10M	USD	Point-in-time
Common stock shares issued (in shares)	`CommonStockSharesIssued`	381.79M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$489.40M	USD	Point-in-time
Common stock shares outstanding (in shares)	`CommonStockSharesOutstanding`	377.37M	shares	Point-in-time
Common stock shares outstanding (in shares)	`CommonStockSharesOutstanding`	381.79M	shares	Point-in-time
Goodwill	`Goodwill`	$1.33B	USD	Point-in-time
Goodwill	`Goodwill`	$1.28B	USD	Point-in-time
Goodwill	`Goodwill`	$1.33B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.82B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.67B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$159.80M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$46.40M	USD	Point-in-time
Right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$173.50M	USD	Point-in-time
Right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$166.40M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$100.40M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$134.00M	USD	Point-in-time
Total other assets	`NonCurrentAssetsExcludingPropertyPlantAndEquipmentNet`	$3.44B	USD	Point-in-time
Total other assets	`NonCurrentAssetsExcludingPropertyPlantAndEquipmentNet`	$3.45B	USD	Point-in-time
Total assets	`Assets`	$8.00B	USD	Point-in-time
Total assets	`Assets`	$7.10B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$21.80M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$21.80M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$986.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$984.00M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$358.70M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$638.90M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrent`	$611.80M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrent`	$513.70M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$46.50M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$19.70M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.31B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.90B	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$2.92B	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$3.17B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$176.50M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$159.50M	USD	Point-in-time
Warrant liabilities	`WarrantAndRightsOutstandingNoncurrent`	$58.70M	USD	Point-in-time
Warrant liabilities	`WarrantAndRightsOutstandingNoncurrent`	$195.00M	USD	Point-in-time
Long-term lease liabilities	`OperatingAndFinanceLeaseLiabilityNoncurrent`	$142.60M	USD	Point-in-time
Long-term lease liabilities	`OperatingAndFinanceLeaseLiabilityNoncurrent`	$132.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$262.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$219.60M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.65B	USD	Point-in-time
Total liabilities	`Liabilities`	$5.98B	USD	Point-in-time
Preferred stock, $0.0001 par value, 5,000,000 shares authorized, none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value, 5,000,000 shares authorized, none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value, 700,000,000 shares authorized, 381,788,876 and 377,368,837 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively	`CommonStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value, 700,000,000 shares authorized, 381,788,876 and 377,368,837 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.63B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.71B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.14B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-691.90M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.50M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-46.20M	USD	Point-in-time
Total equity	`StockholdersEquity`	$512.10M	USD	Point-in-time
Total equity	`StockholdersEquity`	$1.42B	USD	Point-in-time
Total equity	`StockholdersEquity`	$1.44B	USD	Point-in-time
Total equity	`StockholdersEquity`	$2.01B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$7.10B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$8.00B	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.00B	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.69B	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.86B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$4.46B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$4.08B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$3.48B	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.11B	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.18B	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.31B	USD	Annual
Amortization of intangibles	`AmortizationOfIntangibleAssetsExcludingCostsOfSales`	$215.80M	USD	Annual
Amortization of intangibles	`AmortizationOfIntangibleAssetsExcludingCostsOfSales`	$181.30M	USD	Annual
Amortization of intangibles	`AmortizationOfIntangibleAssetsExcludingCostsOfSales`	$144.30M	USD	Annual
Restructuring costs	`RestructuringCharges`	$28.60M	USD	Annual
Restructuring costs	`RestructuringCharges`	$1.40M	USD	Annual
Restructuring costs	`RestructuringCharges`	$700.00K	USD	Annual
Foreign currency (gain) loss, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-3.70M	USD	Annual
Foreign currency (gain) loss, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-3.20M	USD	Annual
Foreign currency (gain) loss, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-16.00M	USD	Annual
Asset impairments	`AssetImpairmentCharges`	-	USD	Annual
Asset impairments	`AssetImpairmentCharges`	$8.70M	USD	Annual
Asset impairments	`AssetImpairmentCharges`	-	USD	Annual
Other operating expense (income)	`OtherOperatingIncomeExpenseNet`	$5.80M	USD	Annual
Other operating expense (income)	`OtherOperatingIncomeExpenseNet`	$9.90M	USD	Annual
Other operating expense (income)	`OtherOperatingIncomeExpenseNet`	$3.80M	USD	Annual
Operating profit (loss)	`OperatingIncomeLoss`	$872.20M	USD	Annual
Operating profit (loss)	`OperatingIncomeLoss`	$259.90M	USD	Annual
Operating profit (loss)	`OperatingIncomeLoss`	$223.40M	USD	Annual
Interest expense, net	`InterestExpense`	$147.30M	USD	Annual
Interest expense, net	`InterestExpense`	$180.10M	USD	Annual
Interest expense, net	`InterestExpense`	$90.60M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-500.00K	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-400.00K	USD	Annual
Gain on tax receivable agreement	`GainLossOnTaxReceivableAgreement`	-	USD	Annual
Gain on tax receivable agreement	`GainLossOnTaxReceivableAgreement`	-	USD	Annual
Gain on tax receivable agreement	`GainLossOnTaxReceivableAgreement`	$59.20M	USD	Annual
Change in fair value of warrant liabilities	`FairValueAdjustmentOfWarrants`	$61.90M	USD	Annual
Change in fair value of warrant liabilities	`FairValueAdjustmentOfWarrants`	$157.90M	USD	Annual
Change in fair value of warrant liabilities	`FairValueAdjustmentOfWarrants`	$-90.90M	USD	Annual
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$533.70M	USD	Annual
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$167.00M	USD	Annual
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$166.20M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$46.60M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$90.40M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$73.50M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$460.20M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$76.60M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$119.60M	USD	Annual
Basic (USD per share)	`EarningsPerShareBasic`	$0.20	USD	Annual
Basic (USD per share)	`EarningsPerShareBasic`	$1.21	USD	Annual
Basic (USD per share)	`EarningsPerShareBasic`	$0.34	USD	Annual
Diluted (USD per share)	`EarningsPerShareDiluted`	$1.19	USD	Annual
Diluted (USD per share)	`EarningsPerShareDiluted`	$-0.04	USD	Annual
Diluted (USD per share)	`EarningsPerShareDiluted`	$0.33	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	355.54M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	380.14M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	376.73M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	386.23M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	378.22M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	360.14M	shares	Annual

Cash Flow Statement 151 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$460.20M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$76.60M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$119.60M	USD	Annual
Depreciation	`Depreciation`	$69.10M	USD	Annual
Depreciation	`Depreciation`	$72.00M	USD	Annual
Depreciation	`Depreciation`	$74.30M	USD	Annual
Amortization	`AmortizationOfIntangibleAssets`	$230.40M	USD	Annual
Amortization	`AmortizationOfIntangibleAssets`	$157.90M	USD	Annual
Amortization	`AmortizationOfIntangibleAssets`	$196.70M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-8.60M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-131.60M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-69.80M	USD	Annual
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$6.30M	USD	Annual
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$7.50M	USD	Annual
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$7.90M	USD	Annual
Gain on tax receivable agreement	`GainLossOnTaxReceivableAgreement`	-	USD	Annual
Gain on tax receivable agreement	`GainLossOnTaxReceivableAgreement`	-	USD	Annual
Gain on tax receivable agreement	`GainLossOnTaxReceivableAgreement`	$59.20M	USD	Annual
Change in fair value of warrant liabilities	`FairValueAdjustmentOfWarrants`	$61.90M	USD	Annual
Change in fair value of warrant liabilities	`FairValueAdjustmentOfWarrants`	$157.90M	USD	Annual
Change in fair value of warrant liabilities	`FairValueAdjustmentOfWarrants`	$-90.90M	USD	Annual
Asset impairments	`NonCashAssetImpairmentCharges`	-	USD	Annual
Asset impairments	`NonCashAssetImpairmentCharges`	-	USD	Annual
Asset impairments	`NonCashAssetImpairmentCharges`	$8.70M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$23.20M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$24.70M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$25.00M	USD	Annual
Payment of contingent consideration	`PaymentForContingentConsiderationLiabilityOperatingActivities`	$8.70M	USD	Annual
Payment of contingent consideration	`PaymentForContingentConsiderationLiabilityOperatingActivities`	-	USD	Annual
Payment of contingent consideration	`PaymentForContingentConsiderationLiabilityOperatingActivities`	-	USD	Annual
Gain on sale of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	Annual
Gain on sale of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$3.70M	USD	Annual
Gain on sale of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	Annual
Changes in tax receivable agreement	`IncreaseDecreaseInTaxReceivableAgreement`	-	USD	Annual
Changes in tax receivable agreement	`IncreaseDecreaseInTaxReceivableAgreement`	-	USD	Annual
Changes in tax receivable agreement	`IncreaseDecreaseInTaxReceivableAgreement`	$7.70M	USD	Annual
Changes in operating working capital	`IncreaseDecreaseInOperatingCapital`	$-66.70M	USD	Annual
Changes in operating working capital	`IncreaseDecreaseInOperatingCapital`	$132.80M	USD	Annual
Changes in operating working capital	`IncreaseDecreaseInOperatingCapital`	$449.20M	USD	Annual
Other	`OtherOperatingActivitiesCashFlowStatement`	$18.30M	USD	Annual
Other	`OtherOperatingActivitiesCashFlowStatement`	$43.40M	USD	Annual
Other	`OtherOperatingActivitiesCashFlowStatement`	$-2.90M	USD	Annual
Net cash provided by (used for) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$210.90M	USD	Annual
Net cash provided by (used for) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$900.50M	USD	Annual
Net cash provided by (used for) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-152.80M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$127.90M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$100.00M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$73.40M	USD	Annual
Investments in capitalized software	`PaymentsForSoftware`	$11.00M	USD	Annual
Investments in capitalized software	`PaymentsForSoftware`	$11.20M	USD	Annual
Investments in capitalized software	`PaymentsForSoftware`	$6.70M	USD	Annual
Proceeds from disposition of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$9.80M	USD	Annual
Proceeds from disposition of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$12.40M	USD	Annual
Proceeds from disposition of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$3.90M	USD	Annual
Acquisition of business	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$5.00M	USD	Annual
Acquisition of business	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$28.80M	USD	Annual
Acquisition of business	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.16B	USD	Annual
Proceeds from sale of business	`ProceedsFromDivestitureOfBusinesses`	$21.70M	USD	Annual
Proceeds from sale of business	`ProceedsFromDivestitureOfBusinesses`	20.00M	EUR	Point-in-time
Proceeds from sale of business	`ProceedsFromDivestitureOfBusinesses`	$21.70M	USD	Point-in-time
Proceeds from sale of business	`ProceedsFromDivestitureOfBusinesses`	$11.90M	USD	Annual
Proceeds from sale of business	`ProceedsFromDivestitureOfBusinesses`	-	USD	Annual
Net cash provided by (used for) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-112.10M	USD	Annual
Net cash provided by (used for) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.22B	USD	Annual
Net cash provided by (used for) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-139.10M	USD	Annual
Borrowings from ABL revolving credit facility and short-term borrowings	`ProceedsFromRevolvingCreditFacilityAndShortTermBorrowings`	-	USD	Annual
Borrowings from ABL revolving credit facility and short-term borrowings	`ProceedsFromRevolvingCreditFacilityAndShortTermBorrowings`	$224.90M	USD	Annual
Borrowings from ABL revolving credit facility and short-term borrowings	`ProceedsFromRevolvingCreditFacilityAndShortTermBorrowings`	$790.80M	USD	Annual
Repayments of ABL revolving credit facility and short-term borrowings	`RepaymentsOfRevolvingCreditFacilityAndShortTermBorrowings`	$555.80M	USD	Annual
Repayments of ABL revolving credit facility and short-term borrowings	`RepaymentsOfRevolvingCreditFacilityAndShortTermBorrowings`	-	USD	Annual
Repayments of ABL revolving credit facility and short-term borrowings	`RepaymentsOfRevolvingCreditFacilityAndShortTermBorrowings`	$459.90M	USD	Annual
Proceeds from the issuance of long-term debt	`ProceedsFromNotesPayable`	$850.00M	USD	Annual
Proceeds from the issuance of long-term debt	`ProceedsFromNotesPayable`	-	USD	Annual
Proceeds from the issuance of long-term debt	`ProceedsFromNotesPayable`	-	USD	Annual
Repayment of long-term debt	`RepaymentsOfSeniorDebt`	$16.40M	USD	Annual
Repayment of long-term debt	`RepaymentsOfSeniorDebt`	$21.80M	USD	Annual
Repayment of long-term debt	`RepaymentsOfSeniorDebt`	$27.10M	USD	Annual
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$600.00K	USD	Annual
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$13.80M	USD	Annual
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Payment of tax receivable agreement	`PaymentOfTaxReceivableAgreement`	-	USD	Annual
Payment of tax receivable agreement	`PaymentOfTaxReceivableAgreement`	$100.00M	USD	Annual
Payment of tax receivable agreement	`PaymentOfTaxReceivableAgreement`	-	USD	Annual
Payment of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$12.80M	USD	Annual
Payment of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	Annual
Payment of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	Annual
Dividend payment	`PaymentsOfDividends`	$3.80M	USD	Annual
Dividend payment	`PaymentsOfDividends`	$3.80M	USD	Annual
Dividend payment	`PaymentsOfDividends`	$9.50M	USD	Annual
Proceeds from the exercise of warrants	`ProceedsFromWarrantExercises`	$107.50M	USD	Annual
Proceeds from the exercise of warrants	`ProceedsFromWarrantExercises`	-	USD	Annual
Proceeds from the exercise of warrants	`ProceedsFromWarrantExercises`	-	USD	Annual
Exercise of employee stock options	`ProceedsFromStockOptionsExercised`	$27.40M	USD	Annual
Exercise of employee stock options	`ProceedsFromStockOptionsExercised`	$3.10M	USD	Annual
Exercise of employee stock options	`ProceedsFromStockOptionsExercised`	$4.10M	USD	Annual
Employee taxes paid from shares withheld	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.30M	USD	Annual
Employee taxes paid from shares withheld	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.30M	USD	Annual
Employee taxes paid from shares withheld	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.30M	USD	Annual
Net cash provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$100.20M	USD	Annual
Net cash provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-247.50M	USD	Annual
Net cash provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$914.90M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-9.20M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.50M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-4.50M	USD	Annual
Increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$515.40M	USD	Annual
Increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-95.50M	USD	Annual
Increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-173.90M	USD	Annual
Beginning cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$788.60M	USD	Point-in-time
Beginning cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$542.60M	USD	Point-in-time
Beginning cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$273.20M	USD	Point-in-time
Beginning cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$447.10M	USD	Point-in-time
Ending cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$788.60M	USD	Point-in-time
Ending cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$542.60M	USD	Point-in-time
Ending cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$273.20M	USD	Point-in-time
Ending cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$447.10M	USD	Point-in-time
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$117.40M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$272.50M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$375.80M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$125.70M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$54.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$211.40M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	-	USD	Annual
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$28.80M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-2.10M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$105.10M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$132.80M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-17.70M	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$55.30M	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$274.20M	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$67.60M	USD	Annual
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-22.00M	USD	Annual
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-43.40M	USD	Annual
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$91.50M	USD	Annual
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-8.80M	USD	Annual
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$45.20M	USD	Annual
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-11.60M	USD	Annual
Total changes in operating working capital	`IncreaseDecreaseInOperatingCapital`	$-66.70M	USD	Annual
Total changes in operating working capital	`IncreaseDecreaseInOperatingCapital`	$132.80M	USD	Annual
Total changes in operating working capital	`IncreaseDecreaseInOperatingCapital`	$449.20M	USD	Annual
Cash paid during the year for interest	`InterestPaidNet`	$176.70M	USD	Annual
Cash paid during the year for interest	`InterestPaidNet`	$132.80M	USD	Annual
Cash paid during the year for interest	`InterestPaidNet`	$75.10M	USD	Annual
Cash paid during the year for income tax, net	`IncomeTaxesPaidNet`	$153.00M	USD	Annual
Cash paid during the year for income tax, net	`IncomeTaxesPaidNet`	$104.60M	USD	Annual
Cash paid during the year for income tax, net	`IncomeTaxesPaidNet`	$97.30M	USD	Annual
Property and equipment acquired during the year for capital lease obligations	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$700.00K	USD	Annual
Property and equipment acquired during the year for capital lease obligations	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$2.90M	USD	Annual
Property and equipment acquired during the year for capital lease obligations	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$4.30M	USD	Annual
Seller provided financing for the disposition of property, plant and equipment	`CapitalExpendituresIncurredButNotYetPaid`	-	USD	Annual
Seller provided financing for the disposition of property, plant and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$12.20M	USD	Annual
Seller provided financing for the disposition of property, plant and equipment	`CapitalExpendituresIncurredButNotYetPaid`	-	USD	Annual

Stockholders Equity 48 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	377.37M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	381.79M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$512.10M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.42B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.44B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.01B	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$460.20M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$76.60M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$119.60M	USD	Annual
Exercise of employee stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	2.09M	shares	Annual
Exercise of employee stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.10M	USD	Annual
Exercise of employee stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$27.40M	USD	Annual
Exercise of employee stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$4.60M	USD	Annual
Stock comp activity, net of withholdings for tax	`StockIssuedDuringPeriodValueShareBasedCompensation`	$15.80M	USD	Annual
Vested (in shares)	`SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares`	635,663.00	shares	Annual
Stock comp activity, net of withholdings for tax	`StockIssuedDuringPeriodValueShareBasedCompensation`	$20.40M	USD	Annual
Vested (in shares)	`SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares`	943,164.00	shares	Annual
Vested (in shares)	`SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares`	876,358.00	shares	Annual
Stock comp activity, net of withholdings for tax	`StockIssuedDuringPeriodValueShareBasedCompensation`	$21.70M	USD	Annual
Shares withheld for tax obligation (in shares)	`SharesPaidForTaxWithholdingForShareBasedCompensation`	312,761.00	shares	Annual
Shares withheld for tax obligation (in shares)	`SharesPaidForTaxWithholdingForShareBasedCompensation`	322,594.00	shares	Annual
Shares withheld for tax obligation (in shares)	`SharesPaidForTaxWithholdingForShareBasedCompensation`	215,493.00	shares	Annual
Decrease for tax withholding obligation	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.30M	USD	Annual
Decrease for tax withholding obligation	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.30M	USD	Annual
Employee 401K match with Vertiv stock	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$9.70M	USD	Annual
Employee 401K match with Vertiv stock	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$8.20M	USD	Annual
Decrease for tax withholding obligation	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.30M	USD	Annual
Employee 401K match with Vertiv stock	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$9.90M	USD	Annual
Stock-based compensation	`SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1`	$25.00M	USD	Annual
Proceeds from the exercise of warrants	`ProceedsFromWarrantExercises`	$107.50M	USD	Annual
Exercise of warrants	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$21.60M	USD	Annual
Proceeds from the exercise of warrants	`ProceedsFromWarrantExercises`	-	USD	Annual
Exercise of warrants	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$176.00M	USD	Annual
Proceeds from the exercise of warrants	`ProceedsFromWarrantExercises`	-	USD	Annual
Stock issuance related to acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$601.10M	USD	Annual
Stock issuance related to acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$601.10M	USD	Annual
Dividend payment	`Dividends`	$3.80M	USD	Annual
Dividend payment	`Dividends`	$9.50M	USD	Annual
Dividend payment	`Dividends`	$3.80M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$41.70M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-81.80M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-15.90M	USD	Annual
Ending balance (in shares)	`CommonStockSharesOutstanding`	377.37M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	381.79M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$512.10M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.42B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.44B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.01B	USD	Point-in-time

Comprehensive Income 21 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$460.20M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$76.60M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$119.60M	USD	Annual
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-65.10M	USD	Annual
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$67.20M	USD	Annual
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-196.80M	USD	Annual
Interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-22.50M	USD	Annual
Interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$101.50M	USD	Annual
Interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$41.50M	USD	Annual
Tax receivable agreement	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionBeforeTaxAfterReclassificationAdjustmentAttributableToParent`	-	USD	Annual
Tax receivable agreement	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionBeforeTaxAfterReclassificationAdjustmentAttributableToParent`	$900.00K	USD	Annual
Tax receivable agreement	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionBeforeTaxAfterReclassificationAdjustmentAttributableToParent`	-	USD	Annual
Pension	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$3.00M	USD	Annual
Pension	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-13.50M	USD	Annual
Pension	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-6.80M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-15.90M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$41.70M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-81.80M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$501.90M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$103.70M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-5.20M	USD	Annual

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