XML 52 R41.htm IDEA: XBRL DOCUMENT
v3.20.2

Other Comprehensive Earnings (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2020
Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Components of other comprehensive income | The amounts recognized in other comprehensive (loss) earnings were as follows:
| Three Months Ended |  |  |  |  |  | Three Months Ended |  |  |  |
| June 30, 2020 |  |  |  |  |  | June 30, 2019 |  |  |  |
| Pre-tax |  | Tax |  | Net of tax |  | Pre-tax |  | Tax |  | Net of tax
Foreign currency translation adjustments | $ | 36,541 |  |  | $ | 8,028 |  |  | $ | 44,569 |  |  | $ | (14,967) |  |  | $ | 989 |  |  | $ | (13,978) |
Pension and other post-retirement benefit plans | 2,515 |  |  | (421) |  |  | 2,094 |  |  | 766 |  |  | (177) |  |  | 589 |
Changes in fair value of cash flow hedges | 1,651 |  |  | (365) |  |  | 1,286 |  |  | (4,780) |  |  | 1,002 |  |  | (3,778) |
Total other comprehensive (loss) earnings | $ | 40,707 |  |  | $ | 7,242 |  |  | $ | 47,949 |  |  | $ | (18,981) |  |  | $ | 1,814 |  |  | $ | (17,167) |
| Six Months Ended |  |  |  |  |  | Six Months Ended |  |  |  |
| June 30, 2020 |  |  |  |  |  | June 30, 2019 |  |  |  |
| Pre-tax |  | Tax |  | Net of tax |  | Pre-tax |  | Tax |  | Net of tax
Foreign currency translation adjustments | $ | (51,874) |  |  | $ | 2,889 |  |  | $ | (48,985) |  |  | $ | 34,819 |  |  | $ | 242 |  |  | $ | 35,061 |
Pension and other post-retirement benefit plans | 5,037 |  |  | (989) |  |  | 4,048 |  |  | 1,718 |  |  | (382) |  |  | 1,336 |
Changes in fair value of cash flow hedges | (3,423) |  |  | 757 |  |  | (2,666) |  |  | (1,787) |  |  | 373 |  |  | (1,414) |
Total other comprehensive (loss) earnings | $ | (50,260) |  |  | $ | 2,657 |  |  | $ | (47,603) |  |  | $ | 34,750 |  |  | $ | 233 |  |  | $ | 34,983 |
Schedule of comprehensive income (loss) | Total comprehensive earnings were as follows:
| Three Months Ended June 30, |  |  |  | Six Months Ended June 30, |  |
| 2020 |  | 2019 |  | 2020 |  | 2019
Net earnings | $ | 124,766 |  |  | $ | 198,085 |  |  | $ | 301,045 |  |  | $ | 303,790 |
Other comprehensive (loss) earnings | 47,949 |  |  | (17,167) |  |  | (47,603) |  |  | 34,983 |
Comprehensive earnings | $ | 172,715 |  |  | $ | 180,918 |  |  | $ | 253,442 |  |  | $ | 338,773 |
Schedule of amounts reclassified from accumulated other comprehensive income (loss) to earnings | Amounts reclassified from accumulated other comprehensive loss to earnings during the three and six months ended June 30, 2020 and 2019 were as follows:
| Three Months Ended June 30, |  |  |  | Six Months Ended June 30, |  |
| 2020 |  | 2019 |  | 2020 |  | 2019
Foreign currency translation: |  |  |  |  |  |  |
Reclassification of foreign currency translation losses to earnings for assets held for sale | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 25,339 |
Tax benefit | — |  |  | — |  |  | — |  |  | — |
Net of tax | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 25,339 |
Pension and other postretirement benefit plans: |  |  |  |  |  |  |
Amortization of actuarial losses | $ | 2,150 |  |  | $ | 122 |  |  | $ | 4,307 |  |  | $ | 350 |
Amortization of prior service costs | 365 |  |  | 644 |  |  | 730 |  |  | 1,368 |
Total before tax | 2,515 |  |  | 766 |  |  | 5,037 |  |  | 1,718 |
Tax benefit | (421) |  |  | (177) |  |  | (989) |  |  | (382) |
Net of tax | $ | 2,094 |  |  | $ | 589 |  |  | $ | 4,048 |  |  | $ | 1,336 |
Cash flow hedges: |  |  |  |  |  |  |
Net losses (gains) reclassified into earnings | $ | (752) |  |  | $ | (524) |  |  | $ | 668 |  |  | $ | (815) |
Tax (benefit) provision | 158 |  |  | 108 |  |  | (140) |  |  | 169 |
Net of tax | $ | (594) |  |  | $ | (416) |  |  | $ | 528 |  |  | $ | (646) |

X
- Definition Schedule of Amounts Reclassified from Accumulated Other Comprehensive Income Loss to Earnings [Table Text Block] + References No definition available. + Details
Name: | dov_ScheduleOfAmountsReclassifiedFromAccumulatedOtherComprehensiveIncomeLossToEarningsTableTextBlock
Namespace Prefix: | dov_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of the net gain (loss) and net prior service cost or credit recognized in other comprehensive income (loss) for the period for pension plans and/or other employee benefit plans, and reclassification adjustments of other comprehensive income (loss) for the period, as those amounts, including amortization of the net transition asset or obligation, are recognized as components of net periodic benefit cost. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (i) -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfAmountsRecognizedInOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum: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 -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=118930883&loc=d3e526-108580 + Details
Name: | us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration