XML 196 R28.htm IDEA: XBRL DOCUMENT
v3.22.2.2

EARNINGS PER COMMON SHARE (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2022
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share, Basic and Diluted | The computation of basic and diluted earnings per common share for the three and nine months ended September 30, 2022 and 2021 were as follows:
Basic Earnings Per Common Share |  | Three Months Ended |  | Nine Months Ended
(in millions, except per share amounts) |  | 2022 |  | 2021 |  | 2022 |  | 2021
Net (loss) income attributable to Dentsply Sirona |  | $ | (1,077) |  |  | $ | 84 |  |  | $ | (935) |  |  | $ | 292 |
Weighted average common shares outstanding |  | 214.9 |  |  | 218.6 |  |  | 215.6 |  |  | 218.6 |
(Loss) earnings per common share - basic |  | $ | (5.01) |  |  | $ | 0.39 |  |  | $ | (4.34) |  |  | $ | 1.34 |
Diluted Earnings Per Common Share |  | Three Months Ended |  | Nine Months Ended
(in millions, except per share amounts) |  | 2022 |  | 2021 |  | 2022 |  | 2021
Net (loss) income attributable to Dentsply Sirona |  | $ | (1,077) |  |  | $ | 84 |  |  | $ | (935) |  |  | $ | 292 |
Weighted average common shares outstanding |  | 214.9 |  |  | 218.6 |  |  | 215.6 |  |  | 218.6 |
Incremental weighted average shares from assumed exercise of dilutive options from stock-based compensation awards |  | — |  |  | 1.9 |  |  | — |  |  | 2.1 |
Total weighted average diluted shares outstanding |  | 214.9 |  |  | 220.5 |  |  | 215.6 |  |  | 220.7 |
(Loss) earnings per common share - diluted |  | $ | (5.01) |  |  | $ | 0.38 |  |  | $ | (4.34) |  |  | $ | 1.32 |
Accelerated Share Repurchases |
(in millions, except per share amounts) |  | Initial Delivery |  | Final Settlement
Agreement Date | Amount Paid |  | Shares Received | Price per share | Value of Shares as a % of Contract Value |  | Settlement Date | Total Shares Received | Average Price per Share
March 8, 2022 | $ | 150 |  |  | 2.4 | $ | 50.44 |  | 80 | % |  | April 19, 2022 | 3.1 | $ | 48.22 |

X
- Definition Tabular disclosure of accelerated share repurchase (ASR) programs. An ASR is a combination of transactions that permits an entity to purchase a targeted number of shares immediately with the final purchase price of those shares determined by an average market price over a fixed period of time. An accelerated share repurchase program is intended to combine the immediate share retirement benefits of a tender offer with the market impact and pricing benefits of a disciplined daily open market stock repurchase program. ASRs can be disclosed as part of stockholders' equity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 25 -Paragraph 5 -URI https://asc.fasb.org/extlink&oid=6405686&loc=d3e22802-112653 + Details
Name: | us-gaap_AcceleratedShareRepurchasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration