XML 260 R49.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Quarterly Data-Unaudited (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Quarterly Financial Information Disclosure [Abstract] |
Selected Unaudited Quarterly Financial Data | Provided below is selected unaudited quarterly financial data for the years ended December 31, 2023 and 2022 which reflects Veralto as a discontinued operation ($ in millions, except per share data):
| 1st Quarter |  | 2nd Quarter |  | 3rd Quarter |  | 4th Quarter |
2023: |  |  |  |  |  |  |  |
Sales | $ | 5,949 |  |  | $ | 5,912 |  |  | $ | 5,624 |  |  | $ | 6,405 |  |
Gross profit | 3,662 |  |  | 3,318 |  |  | 3,275 |  |  | 3,779 |  |
Operating profit | 1,517 |  |  | 1,163 |  |  | 1,185 |  |  | 1,337 |  |
Net earnings from continuing operations | 1,240 |  |  | 920 |  |  | 940 |  |  | 1,121 |  |
Net earnings from discontinued operations, net of income taxes | 210 |  |  | 186 |  |  | 189 |  |  | (42) |  |
Net earnings attributable to common stockholders | 1,429 |  |  | 1,106 |  |  | 1,129 |  |  | 1,079 |  |
Net earnings per common share from continuing operations(a): |  |  |  |  |  |  |  |
Basic | $ | 1.67 |  |  | $ | 1.25 |  |  | $ | 1.27 |  |  | $ | 1.52 |  |
Diluted | $ | 1.65 |  |  | $ | 1.24 |  |  | $ | 1.26 |  |  | $ | 1.50 |  |
Net earnings per common share from discontinued operations: |  |  |  |  |  |  |  |
Basic | $ | 0.29 |  |  | $ | 0.25 |  |  | $ | 0.26 |  |  | $ | (0.06) |  |
Diluted | $ | 0.28 |  |  | $ | 0.25 |  |  | $ | 0.25 |  |  | $ | (0.06) |  |
Net earnings per common share: |  |  |  |  |  |  |  |
Basic | $ | 1.96 |  |  | $ | 1.50 |  |  | $ | 1.53 |  |  | $ | 1.46 |  |
Diluted | $ | 1.94 |  | (b) | $ | 1.49 |  |  | $ | 1.51 |  |  | $ | 1.45 |  | (b)
2022: |  |  |  |  |  |  |  |
Sales | $ | 6,526 |  |  | $ | 6,528 |  |  | $ | 6,455 |  |  | $ | 7,134 |  |
Gross profit | 4,058 |  |  | 4,013 |  |  | 3,891 |  |  | 4,226 |  |
Operating profit | 1,931 |  |  | 1,891 |  |  | 1,717 |  |  | 1,997 |  |
Net earnings from continuing operations | 1,536 |  |  | 1,437 |  |  | 1,343 |  |  | 2,012 |  |
Net earnings from discontinued operations, net of income taxes | 189 |  |  | 243 |  |  | 229 |  |  | 220 |  |
Net earnings attributable to common stockholders | 1,684 |  |  | 1,658 |  |  | 1,551 |  |  | 2,210 |  |
Net earnings per common share from continuing operations(a): |  |  |  |  |  |  |  |
Basic | $ | 2.09 |  |  | $ | 1.95 |  |  | $ | 1.81 |  |  | $ | 2.73 |  |
Diluted | $ | 2.05 |  |  | $ | 1.92 |  |  | $ | 1.79 |  |  | $ | 2.70 |  |
Net earnings per common share from discontinued operations: |  |  |  |  |  |  |  |
Basic | $ | 0.26 |  |  | $ | 0.33 |  |  | $ | 0.31 |  |  | $ | 0.30 |  |
Diluted | $ | 0.26 |  |  | $ | 0.33 |  |  | $ | 0.31 |  |  | $ | 0.30 |  |
Net earnings per common share: |  |  |  |  |  |  |  |
Basic | $ | 2.35 |  |  | $ | 2.28 |  |  | $ | 2.13 |  | (b) | $ | 3.03 |  |
Diluted | $ | 2.31 |  |  | $ | 2.25 |  |  | $ | 2.10 |  |  | $ | 2.99 |  | (b)
(a) Refer to Note 4 for additional information on the calculation of net earnings per share from continuing operations. (b) Net earnings per common share amounts do not add due to rounding

X
- References No definition available. + Details
Name: | us-gaap_QuarterlyFinancialInformationDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 270 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482964/270-10-50-1 + Details
Name: | us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration