XML 67 R57.htm IDEA: XBRL DOCUMENT v3.21.2
Credit Facility Additional Information (Details)
3 Months Ended 6 Months Ended 12 Months Ended 37 Months Ended
Mar. 12, 2021
USD ($)
$ / shares
Oct. 19, 2020
USD ($)
Mar. 25, 2020
USD ($)
Jun. 30, 2021
USD ($)
Jun. 30, 2021
USD ($)
Jan. 14, 2022
Dec. 31, 2020
USD ($)
Jan. 14, 2021
Apr. 08, 2021
USD ($)
Mar. 09, 2021
USD ($)
Oct. 18, 2019
USD ($)
Jan. 19, 2018
USD ($)
Dec. 22, 2017
USD ($)
Debt Instrument [Line Items]                          
Debt instrument, face amount                     $ 1,200,000,000    
Line of credit facility, maximum borrowing capacity                     500,000,000    
Senior notes                 $ 0 $ 410,000,000.0   $ 100,000,000 $ 300,000,000
Senior notes, early redemption, premium percentage                 2.50%        
Early repayment of senior debt       $ 10,000,000.0                  
Write off of prepaid debt fees on senior notes       11,100,000                  
Credit Facility [Member]                          
Debt Instrument [Line Items]                          
Line of credit facility, maximum borrowing capacity       500,000,000 $ 500,000,000   $ 500,000,000            
Letters of credit outstanding, amount       65,471,000 65,471,000   64,948,000            
Line of credit facility, remaining borrowing capacity       234,500,000 234,500,000                
Forecast | Debt Instrument, Redemption, Period One [Member]                          
Debt Instrument [Line Items]                          
Debt instrument, redemption price, percentage           102.50%              
Swingline sub-facility [Member]                          
Debt Instrument [Line Items]                          
Line of credit facility, maximum borrowing capacity                     50,000,000    
Line of credit facility, amount outstanding       0 0                
USD Denominated Term Loan                          
Debt Instrument [Line Items]                          
Debt instrument, face amount                     650,000,000    
Line of Credit                          
Debt Instrument [Line Items]                          
Debt instrument, fee amount   $ 1,400,000                      
Line of credit facility, amount outstanding       0 0   0            
Line of credit facility, remaining borrowing capacity       434,529,000 434,529,000   435,052,000            
Proceeds from Lines of Credit     $ 400,000,000                    
Line of Credit | Fourth Quarter 2020                          
Debt Instrument [Line Items]                          
Debt instrument, debt covenant. required rate   4.75                      
Line of Credit | First Quarter 2021                          
Debt Instrument [Line Items]                          
Debt instrument, debt covenant. required rate   4.50                      
Standby Letters of Credit [Member]                          
Debt Instrument [Line Items]                          
Line of credit facility, maximum borrowing capacity                     $ 300,000,000    
Letters of credit outstanding, amount       65,500,000 $ 65,500,000                
Secured Debt                          
Debt Instrument [Line Items]                          
Debt instrument, collateral         All obligations under the 2018 credit facility are guaranteed by Itron, Inc. and material U.S. domestic subsidiaries and are secured by a pledge of substantially all of the assets of Itron, Inc. and material U.S. domestic subsidiaries. This includes a pledge of 100% of the capital stock of material U.S. domestic subsidiaries and up to 66% of the voting stock (100% of the non-voting stock) of first-tier foreign subsidiaries. In addition, the obligations of any foreign subsidiary who is a foreign borrower, as defined by the 2018 credit facility, are guaranteed by the foreign subsidiary and by its direct and indirect foreign parents.                
Convertible Debt                          
Debt Instrument [Line Items]                          
Proceeds from convertible debt $ 448,500,000                        
Debt instrument, convertible, conversion ratio 0.0079365                        
Debt instrument, convertible, conversion price | $ / shares $ 126.00                        
Senior Notes                          
Debt Instrument [Line Items]                          
Senior notes       $ 0 $ 0   $ 400,000,000            
Debt Instrument, interest rate, stated percentage             5.00%            
Minimum [Member]                          
Debt Instrument [Line Items]                          
Line of credit facility, unused capacity, commitment fee percentage             0.15%            
Applicable interest rate             1.00%            
Minimum [Member] | Line of Credit                          
Debt Instrument [Line Items]                          
Line of credit facility, unused capacity, commitment fee percentage   0.15%                      
Applicable interest rate   1.00%                      
Maximum [Member]                          
Debt Instrument [Line Items]                          
Line of credit facility, unused capacity, commitment fee percentage             0.25%            
Applicable interest rate             1.75%            
Debt instrument, redemption price, percentage               98.00%          
Maximum [Member] | Line of Credit                          
Debt Instrument [Line Items]                          
Line of credit facility, unused capacity, commitment fee percentage   0.30%                      
Applicable interest rate   2.00%                      
London Interbank Offered Rate (LIBOR) [Member]                          
Debt Instrument [Line Items]                          
Applicable interest rate       1.11% 1.11%                
Debt instrument, description of variable rate basis         the LIBOR rate                
Debt instrument, basis spread on variable rate         1.00%                
EURIBOR [Member]                          
Debt Instrument [Line Items]                          
Debt instrument, description of variable rate basis         EURIBOR rate                
Alternate base rate (1) [Member]                          
Debt Instrument [Line Items]                          
Debt instrument, description of variable rate basis         the prime rate                
Alternate base rate (2) [Member]                          
Debt Instrument [Line Items]                          
Debt instrument, description of variable rate basis         the Federal Reserve effective rate                
Fed Funds Effective Rate Overnight Index Swap Rate [Member]                          
Debt Instrument [Line Items]                          
Debt instrument, basis spread on variable rate         0.50%                
Alternate base rate (3) [Member]                          
Debt Instrument [Line Items]                          
Debt instrument, description of variable rate basis         one-month LIBOR                
Debt instrument, basis spread on variable rate         1.00%                
Alternate base rate [Member]                          
Debt Instrument [Line Items]                          
Debt instrument, description of variable rate basis         Alternate Base Rate