XML 35 R25.htm IDEA: XBRL DOCUMENT v3.25.1

Accumulated Other Comprehensive Income (Tables)

3 Months Ended

Mar. 31, 2025

Accumulated Other Comprehensive Income [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

he following table presents changes in accumulated other comprehensive income (loss) by component for the three months ended March 31, 2025 and 2024:

			Currency Translation Adjustment						Net Unrealized Gain (Loss) on Cash Flow Hedging Arrangements, Net of Tax						Pension and Post-Retirement Benefit Related Items, Net of Tax						Total
Balance at December 31, 2024			$	(133,503)					$	(3,920)					$	(208,435)					$	(345,858)
Other comprehensive income (loss), net of tax:
Unrealized gains (loss) from cash flow hedging arrangements			—						(2,783)						—						(2,783)
Foreign currency translation adjustment			(4,380)						—						(4,351)						(8,731)
Amounts recognized from accumulated other comprehensive income (loss), net of tax			—						3,268						3,005						6,273
Net change in other comprehensive income (loss), net of tax			(4,380)						485						(1,346)						(5,241)
Balance at March 31, 2025			$	(137,883)					$	(3,435)					$	(209,781)					$	(351,099)

			Currency Translation Adjustment						Net Unrealized Gain (Loss) on Cash Flow Hedging Arrangements, Net of Tax						Pension and Post-Retirement Benefit Related Items, Net of Tax						Total
Balance at December 31, 2023			$	(117,230)					$	120					$	(202,705)					$	(319,815)
Other comprehensive income (loss), net of tax:
Unrealized gains (loss) from cash flow hedging arrangements			—						16,074						—						16,074
Foreign currency translation adjustment			8,519						—						11,841						20,360
Amounts recognized from accumulated other comprehensive income (loss), net of tax			—						(17,169)						2,476						(14,693)
Net change in other comprehensive income (loss), net of tax			8,519						(1,095)						14,317						21,741
Balance at March 31, 2024			$	(108,711)					$	(975)					$	(188,388)					$	(298,074)

Disclosure of Reclassification Amount [Text Block]

The following table presents amounts recognized from accumulated other comprehensive income (loss) for the three months ended March 31:

						2025						2024						Location of Amounts Recognized in Earnings
Effective portion of (gains) losses on cash flow hedging arrangements:
Cross currency swap						$	4,035					$	(21,196)					(a)
Provision for taxes						767						(4,027)						Provision for taxes
Total, net of taxes						$	3,268					$	(17,169)
Recognition of defined benefit pension and post-retirement items:
Recognition of actuarial (gains) losses, plan amendments and prior service cost, before taxes						$	3,745					$	3,108					(b)
Provision for taxes						740						632						Provision for taxes
Total, net of taxes						$	3,005					$	2,476

Schedule of Comprehensive Income (Loss) [Table Text Block]

ACCUMULATED COMPREHENSIVE AND OTHER COMPREHENSIVE INCOME

Comprehensive income (loss), net of tax consisted of the following:

			March 31, 2025						March 31, 2024
Net earnings			$	163,587					$	177,509
Other comprehensive income (loss), net of tax			(5,241)						$	21,741
Comprehensive income, net of tax			$	158,346					$	199,250

The following table presents changes in accumulated other comprehensive income (loss) by component for the three months ended March 31, 2025 and 2024:

			Currency Translation Adjustment						Net Unrealized Gain (Loss) on Cash Flow Hedging Arrangements, Net of Tax						Pension and Post-Retirement Benefit Related Items, Net of Tax						Total
Balance at December 31, 2024			$	(133,503)					$	(3,920)					$	(208,435)					$	(345,858)
Other comprehensive income (loss), net of tax:
Unrealized gains (loss) from cash flow hedging arrangements			—						(2,783)						—						(2,783)
Foreign currency translation adjustment			(4,380)						—						(4,351)						(8,731)
Amounts recognized from accumulated other comprehensive income (loss), net of tax			—						3,268						3,005						6,273
Net change in other comprehensive income (loss), net of tax			(4,380)						485						(1,346)						(5,241)
Balance at March 31, 2025			$	(137,883)					$	(3,435)					$	(209,781)					$	(351,099)

			Currency Translation Adjustment						Net Unrealized Gain (Loss) on Cash Flow Hedging Arrangements, Net of Tax						Pension and Post-Retirement Benefit Related Items, Net of Tax						Total
Balance at December 31, 2023			$	(117,230)					$	120					$	(202,705)					$	(319,815)
Other comprehensive income (loss), net of tax:
Unrealized gains (loss) from cash flow hedging arrangements			—						16,074						—						16,074
Foreign currency translation adjustment			8,519						—						11,841						20,360
Amounts recognized from accumulated other comprehensive income (loss), net of tax			—						(17,169)						2,476						(14,693)
Net change in other comprehensive income (loss), net of tax			8,519						(1,095)						14,317						21,741
Balance at March 31, 2024			$	(108,711)					$	(975)					$	(188,388)					$	(298,074)

    The following table presents amounts recognized from accumulated other comprehensive income (loss) for the three months ended March 31:

						2025						2024						Location of Amounts Recognized in Earnings
Effective portion of (gains) losses on cash flow hedging arrangements:
Cross currency swap						$	4,035					$	(21,196)					(a)
Provision for taxes						767						(4,027)						Provision for taxes
Total, net of taxes						$	3,268					$	(17,169)
Recognition of defined benefit pension and post-retirement items:
Recognition of actuarial (gains) losses, plan amendments and prior service cost, before taxes						$	3,745					$	3,108					(b)
Provision for taxes						740						632						Provision for taxes
Total, net of taxes						$	3,005					$	2,476

(a)The cross currency swap reflects an unrealized loss of $6.2 million recorded in other charges (income) that was offset by the underlying unrealized gain in the hedged debt for the three months ended March 31, 2025. The cross currency swap also reflects a realized gain of $2.2 million recorded in interest expense for the three months ended March 31, 2025.

(b)These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and post-retirement cost. See Note 12 for additional details for the three months ended March 31, 2025 and 2024.

X

- Definition

Accumulated Other Comprehensive Income [Abstract]

+ References

No definition available.

+ Details

Name:	mtd_AccumulatedOtherComprehensiveIncomeAbstract
Namespace Prefix:	mtd_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for any adjustments made during the period to avoid double counting in comprehensive income items displayed as part of net income that also had been displayed as part of other comprehensive income in that period or earlier periods. These adjustments include reclassifications to net income of items in accumulated comprehensive income, such as deferred gains or losses on qualifying hedges when hedged item reported in net income, holding gains or losses on available-for-sale securities transferred into trading category, unrealized holding gains or losses on debt securities transferred from held-to-maturity category into available-for-sale category and accumulated translation adjustment attributable to foreign subsidiary or investment in foreign entity upon sale or liquidation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/220/tableOfContent

+ Details

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

X

- Definition

Tabular disclosure of the components of accumulated other comprehensive income (loss).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482790/220-10-45-14A

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481674/830-30-50-1

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 20
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481694/830-30-45-20

+ Details

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

X

- Definition

Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 1
-Section 45
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482790/220-10-45-1

+ Details

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