XML 33 R23.htm IDEA: XBRL DOCUMENT v3.21.2

Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2021

Accounting Policies [Abstract]

Components of inventories

Inventories consisted of the following:

			September 30, 2021						December 31, 2020
Raw materials and parts			$	158,541					$	132,041
Work-in-progress			73,105						55,688
Finished goods			149,811						109,882
			$	381,457					$	297,611

Components of other intangible assets

Other intangible assets consisted of the following:

			September 30, 2021																		December 31, 2020
			Gross Amount						Accumulated Amortization						Intangibles, Net						Gross Amount						Accumulated Amortization						Intangibles, Net
Customer relationships			$	279,380					$	(76,777)					$	202,603					$	201,445					$	(68,319)					$	133,126
Proven technology and patents			98,539						(54,858)						43,681						78,312						(52,138)						26,174
Tradenames (finite life)			8,176						(3,654)						4,522						4,896						(3,444)						1,452
Tradenames (indefinite life)			35,528						—						35,528						35,595						—						35,595
Other			8,048						(5,789)						2,259						5,215						(4,777)						438
			$	429,671					$	(141,078)					$	288,593					$	325,463					$	(128,678)					$	196,785

X

- Definition

Tabular disclosure of amortizable intangible assets and the carrying value of intangible assets not subject to amortization, excluding goodwill, in total by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company.

+ References

No definition available.

+ Details

Name:	mtd_ScheduleOfFiniteLivedAndIndefiniteLivedIntangibleAssetsByMajorClassTableTextBlock
Namespace Prefix:	mtd_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_AccountingPoliciesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(6)(c))
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(6)(b))
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(6)(a))
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6361739&loc=d3e7789-107766

+ Details

Name:	us-gaap_ScheduleOfInventoryCurrentTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration