10-K Filing

AVANTOR, INC. CIK: 1722482 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0001722482-24-000012`
Period End Date	20231231
Filing Date	20240214
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	avtr-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 63 Income Statement 54 Cash Flow Statement 101 Stockholders Equity 1 Comprehensive Income 27

Balance Sheet 63 line items

Line Item	Tag	Value	Unit	Period
Allowances on accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$28.20M	USD	Point-in-time
Allowances on accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$35.00M	USD	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	674.30M	shares	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	676.60M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$262.90M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$372.90M	USD	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	674.30M	shares	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	676.60M	shares	Point-in-time
Accounts receivable, net of allowances of $35.0 and $28.2	`AccountsReceivableNetCurrent`	$1.22B	USD	Point-in-time
Accounts receivable, net of allowances of $35.0 and $28.2	`AccountsReceivableNetCurrent`	$1.15B	USD	Point-in-time
Inventory	`InventoryNet`	$828.10M	USD	Point-in-time
Inventory	`InventoryNet`	$913.50M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$143.70M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$153.10M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.66B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.38B	USD	Point-in-time
Property, plant and equipment, net (see note 10)	`PropertyPlantAndEquipmentNet`	$737.50M	USD	Point-in-time
Property, plant and equipment, net (see note 10)	`PropertyPlantAndEquipmentNet`	$727.00M	USD	Point-in-time
Other intangible assets, net (see note 11)	`OtherIntangibleAssetsNet`	$3.78B	USD	Point-in-time
Other intangible assets, net (see note 11)	`OtherIntangibleAssetsNet`	$4.13B	USD	Point-in-time
Goodwill, net (see note 11)	`Goodwill`	$5.72B	USD	Point-in-time
Goodwill, net (see note 11)	`Goodwill`	$5.65B	USD	Point-in-time
Goodwill, net (see note 11)	`Goodwill`	$5.34B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$358.30M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$293.50M	USD	Point-in-time
Total assets	`Assets`	$12.97B	USD	Point-in-time
Total assets	`Assets`	$13.46B	USD	Point-in-time
Current portion of debt	`LongTermDebtCurrent`	$259.90M	USD	Point-in-time
Current portion of debt	`LongTermDebtCurrent`	$364.20M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$625.90M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$758.20M	USD	Point-in-time
Employee-related liabilities	`EmployeeRelatedLiabilitiesCurrent`	$122.40M	USD	Point-in-time
Employee-related liabilities	`EmployeeRelatedLiabilitiesCurrent`	$133.10M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$49.90M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$50.20M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$364.10M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$411.20M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.66B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.48B	USD	Point-in-time
Debt, net of current portion	`LongTermDebtNoncurrent`	$5.28B	USD	Point-in-time
Debt, net of current portion	`LongTermDebtNoncurrent`	$5.92B	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$731.40M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$612.80M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$295.40M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$350.30M	USD	Point-in-time
Total liabilities	`Liabilities`	$7.72B	USD	Point-in-time
Total liabilities	`Liabilities`	$8.61B	USD	Point-in-time
Commitments and contingencies (see note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock including paid-in capital, 676.6 and 674.3 shares issued and outstanding	`CommonStocksIncludingAdditionalPaidInCapital`	$3.83B	USD	Point-in-time
Common stock including paid-in capital, 676.6 and 674.3 shares issued and outstanding	`CommonStocksIncludingAdditionalPaidInCapital`	$3.79B	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$1.49B	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$1.17B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-69.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-100.30M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$21.70M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-43.20M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.86B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.20B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.67B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.25B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$12.97B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$13.46B	USD	Point-in-time

Income Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net sales	`Revenues`	$7.51B	USD	Annual
Net sales	`Revenues`	$6.97B	USD	Annual
Net sales	`Revenues`	$7.39B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$4.88B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$4.60B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$4.91B	USD	Annual
Gross profit	`GrossProfit`	$2.60B	USD	Annual
Gross profit	`GrossProfit`	$2.50B	USD	Annual
Gross profit	`GrossProfit`	$2.36B	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.47B	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.51B	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.53B	USD	Annual
Impairment charges	`AssetImpairmentCharges`	-	USD	Annual
Impairment charges	`AssetImpairmentCharges`	$160.80M	USD	Annual
Impairment charges	`AssetImpairmentCharges`	-	USD	Annual
Operating income	`OperatingIncomeLoss`	$1.13B	USD	Annual
Operating income	`OperatingIncomeLoss`	$972.20M	USD	Annual
Operating income	`OperatingIncomeLoss`	$696.40M	USD	Annual
Interest expense, net	`InterestExpense`	$284.80M	USD	Annual
Interest expense, net	`InterestExpense`	$265.80M	USD	Annual
Interest expense, net	`InterestExpense`	$217.40M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-12.50M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-6.90M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-12.40M	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$10.60M	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-800.00K	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$5.80M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$410.50M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$851.10M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$753.00M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$180.40M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$164.60M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$89.40M	USD	Annual
Net income	`ProfitLoss`	$572.60M	USD	Annual
Net income	`ProfitLoss`	$321.10M	USD	Annual
Net income	`ProfitLoss`	$686.50M	USD	Annual
Accumulation of yield on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$64.60M	USD	Annual
Accumulation of yield on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$24.20M	USD	Annual
Accumulation of yield on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	-	USD	Annual
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$508.00M	USD	Annual
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$662.30M	USD	Annual
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$321.10M	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.02	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.86	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.48	USD	Annual
Diluted Basic (in dollars per share)	`EarningsPerShareDiluted`	$0.85	USD	Annual
Diluted Basic (in dollars per share)	`EarningsPerShareDiluted`	$0.47	USD	Annual
Diluted Basic (in dollars per share)	`EarningsPerShareDiluted`	$1.01	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	675.60M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	650.90M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	590.50M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	679.40M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	678.40M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	599.60M	shares	Annual

Cash Flow Statement 101 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$686.50M	USD	Annual
Net income	`NetIncomeLoss`	$321.10M	USD	Annual
Net income	`NetIncomeLoss`	$572.60M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$379.20M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$405.50M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$402.30M	USD	Annual
Impairment charges	`AssetImpairmentCharges`	-	USD	Annual
Impairment charges	`AssetImpairmentCharges`	$160.80M	USD	Annual
Impairment charges	`AssetImpairmentCharges`	-	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$40.50M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$50.70M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$45.80M	USD	Annual
Provision for accounts receivable and inventory	`ProvisionForAccountsReceivableAndInventory`	$65.00M	USD	Annual
Provision for accounts receivable and inventory	`ProvisionForAccountsReceivableAndInventory`	$44.90M	USD	Annual
Provision for accounts receivable and inventory	`ProvisionForAccountsReceivableAndInventory`	$84.50M	USD	Annual
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-172.40M	USD	Annual
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-69.10M	USD	Annual
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-17.70M	USD	Annual
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$16.30M	USD	Annual
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$15.70M	USD	Annual
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$13.00M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-12.50M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-6.90M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-12.40M	USD	Annual
Foreign currency remeasurement (gain) loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$2.60M	USD	Annual
Foreign currency remeasurement (gain) loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-10.00M	USD	Annual
Foreign currency remeasurement (gain) loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-6.70M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$111.80M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$45.20M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-77.00M	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$129.80M	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$112.50M	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$-30.30M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$15.60M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$64.90M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-139.60M	USD	Annual
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$100.00K	USD	Annual
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$5.30M	USD	Annual
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$300.00K	USD	Annual
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-48.60M	USD	Annual
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-56.90M	USD	Annual
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$179.30M	USD	Annual
Other	`OtherNoncashIncomeExpense`	$700.00K	USD	Annual
Other	`OtherNoncashIncomeExpense`	$7.00M	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-3.00M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$843.60M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$953.60M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$870.00M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$111.10M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$146.40M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$133.40M	USD	Annual
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$20.20M	USD	Annual
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$4.01B	USD	Annual
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Cash proceeds from settlement of cross currency swap	`ProceedsFromHedgeInvestingActivities`	-	USD	Annual
Cash proceeds from settlement of cross currency swap	`ProceedsFromHedgeInvestingActivities`	-	USD	Annual
Cash proceeds from settlement of cross currency swap	`ProceedsFromHedgeInvestingActivities`	$42.50M	USD	Annual
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-2.70M	USD	Annual
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-3.50M	USD	Annual
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-1.50M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-143.70M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-109.60M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.12B	USD	Annual
Debt borrowings	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Annual
Debt borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$2.83B	USD	Annual
Debt borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$327.20M	USD	Annual
Debt repayments	`RepaymentsOfLongTermDebt`	$533.90M	USD	Annual
Debt repayments	`RepaymentsOfLongTermDebt`	$947.00M	USD	Annual
Debt repayments	`RepaymentsOfLongTermDebt`	$846.00M	USD	Annual
Payments of debt refinancing fees and premiums	`PaymentsOfFinancingCosts`	$600.00K	USD	Annual
Payments of debt refinancing fees and premiums	`PaymentsOfFinancingCosts`	$40.60M	USD	Annual
Payments of debt refinancing fees and premiums	`PaymentsOfFinancingCosts`	$2.30M	USD	Annual
Proceeds from issuance of stock, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds from issuance of stock, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds from issuance of stock, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	$967.00M	USD	Annual
Payments of dividends on preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	-	USD	Annual
Payments of dividends on preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$64.60M	USD	Annual
Payments of dividends on preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$32.40M	USD	Annual
Proceeds received from exercise of stock options	`ProceedsFromStockOptionsExercised`	$17.30M	USD	Annual
Proceeds received from exercise of stock options	`ProceedsFromStockOptionsExercised`	$82.50M	USD	Annual
Proceeds received from exercise of stock options	`ProceedsFromStockOptionsExercised`	$18.30M	USD	Annual
Proceeds received from exercise of stock options, net of shares repurchased to satisfy employee tax obligations for vested stock-based awards	`ProceedsFromPaymentsForOtherFinancingActivities`	$-25.80M	USD	Annual
Proceeds received from exercise of stock options, net of shares repurchased to satisfy employee tax obligations for vested stock-based awards	`ProceedsFromPaymentsForOtherFinancingActivities`	$-13.20M	USD	Annual
Proceeds received from exercise of stock options, net of shares repurchased to satisfy employee tax obligations for vested stock-based awards	`ProceedsFromPaymentsForOtherFinancingActivities`	$-13.70M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-648.70M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.22B	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-843.70M	USD	Annual
Effect of currency rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-15.50M	USD	Annual
Effect of currency rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.20M	USD	Annual
Effect of currency rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-13.20M	USD	Annual
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-109.20M	USD	Annual
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$69.80M	USD	Annual
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$37.90M	USD	Annual
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$287.70M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$327.10M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$396.90M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$289.20M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$287.70M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$327.10M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$396.90M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$289.20M	USD	Point-in-time

Stockholders Equity 1 line items

Line Item	Tag	Value	Unit	Period
Conversion of MCPS into common stock (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	62.90M	shares	Point-in-time

Comprehensive Income 27 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$686.50M	USD	Annual
Net income	`NetIncomeLoss`	$321.10M	USD	Annual
Net income	`NetIncomeLoss`	$572.60M	USD	Annual
Foreign currency translation unrealized gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$38.30M	USD	Annual
Foreign currency translation unrealized gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$-102.00M	USD	Annual
Foreign currency translation unrealized gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$-62.80M	USD	Annual
Unrealized gain (loss)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$21.30M	USD	Annual
Unrealized gain (loss)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$33.10M	USD	Annual
Unrealized gain (loss)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$-1.60M	USD	Annual
Reclassification of (gain) loss into earnings	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax`	$-3.50M	USD	Annual
Reclassification of (gain) loss into earnings	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax`	$7.40M	USD	Annual
Reclassification of (gain) loss into earnings	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax`	$31.00M	USD	Annual
Activity related to defined benefit plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-8.00M	USD	Annual
Activity related to defined benefit plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-46.90M	USD	Annual
Activity related to defined benefit plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$13.60M	USD	Annual
Other comprehensive income (loss) before income taxes	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-29.40M	USD	Annual
Other comprehensive income (loss) before income taxes	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-52.90M	USD	Annual
Other comprehensive income (loss) before income taxes	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$15.00M	USD	Annual
Income tax effect	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$27.70M	USD	Annual
Income tax effect	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$-16.30M	USD	Annual
Income tax effect	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$12.00M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-57.10M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$31.30M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-64.90M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$629.40M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$352.40M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$507.70M	USD	Annual

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