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Document and Entity Information - USD ($)
12 Months Ended
Dec. 28, 2024
Feb. 14, 2025
Jun. 28, 2024
Cover [Abstract]      
Document Type 10-K    
Amendment Flag false    
Document Annual Report true    
Document Transition Report false    
Document Period End Date Dec. 28, 2024    
Document Fiscal Period Focus FY    
Document Fiscal Year Focus 2024    
Current Fiscal Year End Date --12-28    
Entity File Number 001-41118    
Entity Registrant Name GARMIN LTD    
Entity Central Index Key 0001121788    
Entity Tax Identification Number 98-0229227    
Entity Incorporation, State or Country Code V8    
Entity Address, Address Line1 Mühlentalstrasse 2    
Entity Address, City or Town Schaffhausen    
Entity Address, Country CH    
Entity Address, Postal Zip Code 8200    
City Area Code 41 52    
Local Phone Number 630 1600    
Title of 12(b) Security Registered Shares, $0.10 Per Share Par Value    
Trading Symbol GRMN    
Security Exchange Name NYSE    
Entity's Reporting Status Current Yes    
Entity Voluntary Filers No    
Entity Interactive Data Current Yes    
Entity Filer Category Large Accelerated Filer    
Entity Well-known Seasoned Issuer Yes    
Entity Small Business false    
Entity Emerging Growth Company false    
Entity Shell Company false    
ICFR Auditor Attestation Flag true    
Document Financial Statement Error Correction [Flag false    
Entity Common Stock, Shares Outstanding   192,403,775  
Entity Public Float     $ 25,279,000,000
Documents Incorporated by Reference

Documents incorporated by reference:

 

Portions of the following document are incorporated herein by reference into Part III of the Form 10-K as indicated:

 

 

Document

Part of Form 10‑K into

which Incorporated

 

 

Company's Definitive Proxy Statement for the 2025 Annual Meeting of Shareholders which will be filed no later than 120 days after December 28, 2024.

Part III

   
Auditor Name Ernst & Young LLP    
Auditor Location Kansas City, Missouri    
Auditor Firm ID 42    
Auditor Opinion

Opinion on the Financial Statements

 

We have audited the accompanying consolidated balance sheets of Garmin Ltd. and Subsidiaries (the Company) as of December 28, 2024 and December 30, 2023, the related consolidated statements of income, comprehensive income, stockholders’ equity and cash flows for each of the three years in the period ended December 28, 2024, and the related notes (collectively referred to as the “consolidated financial statements”). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company at December 28, 2024 and December 30, 2023, and the results of its operations and its cash flows for each of the three years in the period ended December 28, 2024, in conformity with U.S. generally accepted accounting principles.

 

We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the Company’s internal control over financial reporting as of December 28, 2024, based on criteria established in Internal Control-Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (2013 framework) and our report dated February 19, 2025, expressed an unqualified opinion thereon.