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Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure [Table]      
Pay vs Performance [Table Text Block]
Pay versus Performance
As required by Item 402(v) of
Regulation S-K, we
are providing the following information regarding the relationship between executive compensation and our financial performance for each of the last three completed calendar years. In determining the “compensation actually paid” (“
CAP
”) to our NEOs, we are required to make various adjustments to amounts that have been previously reported in the Summary Compensation Table in previous years, as the SEC’s valuation methods for this section differ from those required in the Summary Compensation Table.
 
Year
 
Summary
Compensation
Total for
PEO($)
(1)
   
Compensation
Actually Paid
to PEO($)
(2)
   
Average
Summary
Compensation
Table Total for
Non-PEO

NEOs($)
(3)
   
Average
Compensation
Actually Paid
to
Non-PEO

NEOs($)
(4)
   
Value of Initial Fixed $100
Investment Based On:
   
Net
Income($)
(6)
   
Adjusted
Operating
Profit($)
(6)
 
 
Total
Shareholder
Return($)
(5)
   
Peer Group
Total
Shareholder
Return($)
(5)
 
                 
2022
    8,033,521       (6,564,566     6,546,724       4,820,353       124.1       123.7       76.6M       439.2M  
                 
2021
    5,180,837       13,610,394       1,798,692       4,039,817       226.6       153.0       119.6M       471M  
                 
2020
    19,627,189       23,693,454       4,876,038       6,048,310       169.4       121.0       (327.3)M       342.2M  
 
(1)
The dollar amounts reported in this column are the amounts of total compensation reported for our Principal Executive Officer (“
PEO
”) for each corresponding year in the “Total” column of the Summary Compensation Table, which for each of 2022, 2021 and 2020, was Mr. Johnson.
(2)
The dollar amounts reported in this column represent the amount of “compensation actually paid” to our PEO for the applicable fiscal year, as computed in accordance with Item 402(v) of Regulation
S-K.
The dollar amounts do not reflect the actual amount of compensation earned by or paid to such executives during the applicable year. In accordance with the requirements of Item 402(v) of Regulation
S-K,
the adjustments set forth below were made to the total compensation for each year to determine the compensation actually paid. Adjusted fair values have been determined using, as applicable, updated stock price and assumptions (i.e., term, volatility, dividend yield, risk free rates) as of the measurement date.
 
  Fiscal Year
  
2020($)
    
2021($)
    
2022($)
 
       
Total from Summary Compensation Table
     19,627,189        5,180,837        8,033,521  
       
- Amount reported in the Summary Compensation Table for Stock Awards and Option Awards
     (14,007,999      (3,999,997      (5,834,824
       
+ Fair Value at Fiscal
Year-End
of Outstanding and Unvested Option Awards and Stock Awards Granted in Fiscal Year
     18,074,264        6,381,812        7,113,759  
       
+/- Change in Fair Value of Outstanding and Unvested Option Awards and Stock Awards Granted in Prior Fiscal Years (Including Modifications)
            5,266,261        (102,068
       
- Fair Value at Prior Fiscal
Year-End
of Stock and Option Awards Forfeited during the Covered Year
                   (12,272,807
       
+/- Change in Fair Value as of Vesting Date of Option Awards and Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year
            781,482        (3,502,147
       
Compensation Actually Paid
     23,693,454        13,610,394        (6,564,566
 
(3)
The dollar amounts reported in this column represent the average of the amounts reported for the Company’s
non-PEO
named executive officers (“
Non-PEO
NEOs
”) as a group in the “Total” column of the Summary Compensation Table in each applicable year. For purposes of calculating the average amounts in each applicable year, the names of each of the
Non-PEO
NEOs include are as follows: Giordano Albertazzi (2022), David Fallon (2022, 2021, 2020), Stephen Liang (2022, 2021, 2020), Phil Doherty (2022), Stephanie Gill (2021), Jason Forcier (2021, 2020) and John Hewitt (2020).
(4)
The dollar amounts reported in this column represent the average amount of “compensation actually paid” to the
Non-PEO
NEOs as a group in the applicable year as computed in accordance with Item 402(v) of Regulation
S-K.
The dollar amounts do not reflect the actual average amount of compensation earned by or paid to the
Non-PEO
NEOs as a group during the applicable year. In accordance with the requirements of Item 402(v) of Regulation
S-K
,
the adjustments set forth below were made to the average total compensation for the
Non-PEO
NEOs as a group for each year to determine the compensation actually paid, using the same methodology described in Note 2 above.
 
  Fiscal Year
  
2020($)
    
2021($)
    
2022($)
 
       
Total from Summary Compensation Table
     4,876,038        1,798,692        6,546,724  
       
- Amount reported in the Summary Compensation Table for Stock Awards and Option Awards
     (3,146,798      (1,175,995      (5,483,200
       
+ Fair Value at Fiscal
Year-End
of Outstanding and Unvested Option Awards and Stock Awards Granted in Fiscal Year (Including Dividend Equivalents)
     4,319,070        1,956,699        6,599,736  
       
+ Change in Fair Value of Outstanding and Unvested Option Awards and Stock Awards Granted in Prior Fiscal Years (Including Modifications)
            1,256,485        (2,250,235
       
- Fair Value at Prior Fiscal
Year-End
of Stock and Option Awards Forfeited during the Covered Year
                    
       
+ Change in Fair Value as of Vesting Date of Option Awards and Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year
            203,936        (592,672
       
Compensation Actually Paid
     6,048,310        4,039,817        4,820,353  
 
(5)
Cumulative TSR is calculated by dividing the sum of the cumulative amount of dividends for the measurement period, assuming dividend reinvestment, and the difference between the Company’s share price at the end and the beginning of the measurement period by the Company’s share price at the beginning of the measurement period. Peer group TSR is based on the Russell 1000 Index.
(6)
Dollar amounts reported represent (i) the amount of net income reflected in the Company’s audited financial statements for the applicable year and (ii) the amount of adjusted operating profit (
AOP
), which is a
non-GAAP
measure we use under the Vertiv Incentive Plan and our
one-time
performance awards during 2022. For an explanation and reconciliation of AOP, please see Annex A.
   
Company Selected Measure Name adjusted operating profit (AOP)    
Named Executive Officers, Footnote [Text Block] The dollar amounts reported in this column represent the average of the amounts reported for the Company’s
non-PEO
named executive officers (“
Non-PEO
NEOs
”) as a group in the “Total” column of the Summary Compensation Table in each applicable year. For purposes of calculating the average amounts in each applicable year, the names of each of the
Non-PEO
NEOs include are as follows: Giordano Albertazzi (2022), David Fallon (2022, 2021, 2020), Stephen Liang (2022, 2021, 2020), Phil Doherty (2022), Stephanie Gill (2021), Jason Forcier (2021, 2020) and John Hewitt (2020).
   
Peer Group Issuers, Footnote [Text Block] Cumulative TSR is calculated by dividing the sum of the cumulative amount of dividends for the measurement period, assuming dividend reinvestment, and the difference between the Company’s share price at the end and the beginning of the measurement period by the Company’s share price at the beginning of the measurement period. Peer group TSR is based on the Russell 1000 Index.    
PEO Total Compensation Amount $ 8,033,521 $ 5,180,837 $ 19,627,189
PEO Actually Paid Compensation Amount $ (6,564,566) 13,610,394 23,693,454
Adjustment To PEO Compensation, Footnote [Text Block]
(2)
The dollar amounts reported in this column represent the amount of “compensation actually paid” to our PEO for the applicable fiscal year, as computed in accordance with Item 402(v) of Regulation
S-K.
The dollar amounts do not reflect the actual amount of compensation earned by or paid to such executives during the applicable year. In accordance with the requirements of Item 402(v) of Regulation
S-K,
the adjustments set forth below were made to the total compensation for each year to determine the compensation actually paid. Adjusted fair values have been determined using, as applicable, updated stock price and assumptions (i.e., term, volatility, dividend yield, risk free rates) as of the measurement date.
 
  Fiscal Year
  
2020($)
    
2021($)
    
2022($)
 
       
Total from Summary Compensation Table
     19,627,189        5,180,837        8,033,521  
       
- Amount reported in the Summary Compensation Table for Stock Awards and Option Awards
     (14,007,999      (3,999,997      (5,834,824
       
+ Fair Value at Fiscal
Year-End
of Outstanding and Unvested Option Awards and Stock Awards Granted in Fiscal Year
     18,074,264        6,381,812        7,113,759  
       
+/- Change in Fair Value of Outstanding and Unvested Option Awards and Stock Awards Granted in Prior Fiscal Years (Including Modifications)
            5,266,261        (102,068
       
- Fair Value at Prior Fiscal
Year-End
of Stock and Option Awards Forfeited during the Covered Year
                   (12,272,807
       
+/- Change in Fair Value as of Vesting Date of Option Awards and Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year
            781,482        (3,502,147
       
Compensation Actually Paid
     23,693,454        13,610,394        (6,564,566
   
Non-PEO NEO Average Total Compensation Amount $ 6,546,724 1,798,692 4,876,038
Non-PEO NEO Average Compensation Actually Paid Amount $ 4,820,353 4,039,817 6,048,310
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]
(4)
The dollar amounts reported in this column represent the average amount of “compensation actually paid” to the
Non-PEO
NEOs as a group in the applicable year as computed in accordance with Item 402(v) of Regulation
S-K.
The dollar amounts do not reflect the actual average amount of compensation earned by or paid to the
Non-PEO
NEOs as a group during the applicable year. In accordance with the requirements of Item 402(v) of Regulation
S-K
,
the adjustments set forth below were made to the average total compensation for the
Non-PEO
NEOs as a group for each year to determine the compensation actually paid, using the same methodology described in Note 2 above.
 
  Fiscal Year
  
2020($)
    
2021($)
    
2022($)
 
       
Total from Summary Compensation Table
     4,876,038        1,798,692        6,546,724  
       
- Amount reported in the Summary Compensation Table for Stock Awards and Option Awards
     (3,146,798      (1,175,995      (5,483,200
       
+ Fair Value at Fiscal
Year-End
of Outstanding and Unvested Option Awards and Stock Awards Granted in Fiscal Year (Including Dividend Equivalents)
     4,319,070        1,956,699        6,599,736  
       
+ Change in Fair Value of Outstanding and Unvested Option Awards and Stock Awards Granted in Prior Fiscal Years (Including Modifications)
            1,256,485        (2,250,235
       
- Fair Value at Prior Fiscal
Year-End
of Stock and Option Awards Forfeited during the Covered Year
                    
       
+ Change in Fair Value as of Vesting Date of Option Awards and Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year
            203,936        (592,672
       
Compensation Actually Paid
     6,048,310        4,039,817        4,820,353  
   
Compensation Actually Paid vs. Total Shareholder Return [Text Block] As a result, CAP may have a relationship to TSR and/or peer group TSR.    
Compensation Actually Paid vs. Net Income [Text Block] Net income is not a metric currently used in our compensation program.    
Compensation Actually Paid vs. Company Selected Measure [Text Block] Although AOP is a metric in our annual VIP cash bonuses, it may have less of a relationship to CAP because of the impact of stock price on equity award valuations.    
Total Shareholder Return Vs Peer Group [Text Block] As a result, CAP may have a relationship to TSR and/or peer group TSR.    
Tabular List [Table Text Block]
Performance Measures.
Listed below are the financial and
non-financial
performance measures which in our assessment represent the most important financial performance measures we use to link compensation actually paid to our named executive officers, for 2022, to Company performance.
 
Measure
 
How We Used the Measure
   
Adjusted Operating Profit (AOP)
  Metric in VIP and
One-Time
Performance Awards
   
Adjusted Free Cash Flow
  Metric in VIP
   
Stock Price
  Used to determine exercise price of stock options and ultimate realized value of all equity awards
   
Total Shareholder Return Amount $ 124.1 226.6 169.4
Peer Group Total Shareholder Return Amount 123.7 153 121
Net Income (Loss) $ 76,600,000 $ 119,600,000 $ (327,300,000)
Company Selected Measure Amount 439,200,000 471,000,000 342,200,000
PEO Name Mr. Johnson    
Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Measure Name Adjusted Operating Profit (AOP)    
Non-GAAP Measure Description [Text Block] Dollar amounts reported represent (i) the amount of net income reflected in the Company’s audited financial statements for the applicable year and (ii) the amount of adjusted operating profit (
AOP
), which is a
non-GAAP
measure we use under the Vertiv Incentive Plan and our
one-time
performance awards during 2022. For an explanation and reconciliation of AOP, please see Annex A.
   
Measure [Axis]: 2      
Pay vs Performance Disclosure [Table]      
Measure Name Adjusted Free Cash Flow    
Measure [Axis]: 3      
Pay vs Performance Disclosure [Table]      
Measure Name Stock Price    
PEO [Member] | Amount reported in the Summary Compensation Table for Stock Awards and Option Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ (5,834,824) $ (3,999,997) $ (14,007,999)
PEO [Member] | Fair Value at Fiscal YearEnd of Outstanding and Unvested Option Awards and Stock Awards Granted in Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 7,113,759 6,381,812 18,074,264
PEO [Member] | Change in Fair Value of Outstanding and Unvested Option Awards and Stock Awards Granted in Prior Fiscal Years (Including Modifications) [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (102,068) 5,266,261  
PEO [Member] | Fair Value at Prior Fiscal YearEnd of Stock and Option Awards Forfeited during the Covered Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (12,272,807)    
PEO [Member] | Change in Fair Value as of Vesting Date of Option Awards and Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (3,502,147) 781,482  
Non-PEO NEO [Member] | Amount reported in the Summary Compensation Table for Stock Awards and Option Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (5,483,200) (1,175,995) (3,146,798)
Non-PEO NEO [Member] | Fair Value at Fiscal YearEnd of Outstanding and Unvested Option Awards and Stock Awards Granted in Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 6,599,736 1,956,699 $ 4,319,070
Non-PEO NEO [Member] | Change in Fair Value of Outstanding and Unvested Option Awards and Stock Awards Granted in Prior Fiscal Years (Including Modifications) [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (2,250,235) 1,256,485  
Non-PEO NEO [Member] | Change in Fair Value as of Vesting Date of Option Awards and Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ (592,672) $ 203,936