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assets, liabilities and results of operations of TCC are consolidated in the accompanying Consolidated Financial Statements as of the date of acquisition and reported within the Company's HVAC segment. The Company incurred $ 29 million of acquisition-related costs during 2022 which are included within | text | 29 | monetaryItemType | text: <entity> 29 </entity> <entity type> monetaryItemType </entity type> <context> assets, liabilities and results of operations of TCC are consolidated in the accompanying Consolidated Financial Statements as of the date of acquisition and reported within the Company's HVAC segment. The Company incurred $ 29 million ... | us-gaap:BusinessCombinationAcquisitionRelatedCosts |
On April 25, 2023, the Company entered into commitment letters with JPMorgan Chase Bank, N.A., BofA Securities, Inc. and Bank of America, N.A. to provide a € 8.2 billion aggregate principal, senior unsecured bridge term loan facility (the "Bridge Loan"). The Company capitalized $ 48 million of deferred financing costs ... | text | 8.2 | monetaryItemType | text: <entity> 8.2 </entity> <entity type> monetaryItemType </entity type> <context> On April 25, 2023, the Company entered into commitment letters with JPMorgan Chase Bank, N.A., BofA Securities, Inc. and Bank of America, N.A. to provide a € 8.2 billion aggregate principal, senior unsecured bridge term loan facility (... | us-gaap:DebtInstrumentFaceAmount |
On April 25, 2023, the Company entered into commitment letters with JPMorgan Chase Bank, N.A., BofA Securities, Inc. and Bank of America, N.A. to provide a € 8.2 billion aggregate principal, senior unsecured bridge term loan facility (the "Bridge Loan"). The Company capitalized $ 48 million of deferred financing costs ... | text | 48 | monetaryItemType | text: <entity> 48 </entity> <entity type> monetaryItemType </entity type> <context> On April 25, 2023, the Company entered into commitment letters with JPMorgan Chase Bank, N.A., BofA Securities, Inc. and Bank of America, N.A. to provide a € 8.2 billion aggregate principal, senior unsecured bridge term loan facility (t... | us-gaap:DeferredFinanceCostsGross |
On April 25, 2023, the Company entered into commitment letters with JPMorgan Chase Bank, N.A., BofA Securities, Inc. and Bank of America, N.A. to provide a € 8.2 billion aggregate principal, senior unsecured bridge term loan facility (the "Bridge Loan"). The Company capitalized $ 48 million of deferred financing costs ... | text | 2.3 | monetaryItemType | text: <entity> 2.3 </entity> <entity type> monetaryItemType </entity type> <context> On April 25, 2023, the Company entered into commitment letters with JPMorgan Chase Bank, N.A., BofA Securities, Inc. and Bank of America, N.A. to provide a € 8.2 billion aggregate principal, senior unsecured bridge term loan facility (... | us-gaap:DebtInstrumentIncreaseDecreaseForPeriodNet |
On April 25, 2023, the Company entered into commitment letters with JPMorgan Chase Bank, N.A., BofA Securities, Inc. and Bank of America, N.A. to provide a € 8.2 billion aggregate principal, senior unsecured bridge term loan facility (the "Bridge Loan"). The Company capitalized $ 48 million of deferred financing costs ... | text | 10 | monetaryItemType | text: <entity> 10 </entity> <entity type> monetaryItemType </entity type> <context> On April 25, 2023, the Company entered into commitment letters with JPMorgan Chase Bank, N.A., BofA Securities, Inc. and Bank of America, N.A. to provide a € 8.2 billion aggregate principal, senior unsecured bridge term loan facility (t... | us-gaap:DebtRelatedCommitmentFeesAndDebtIssuanceCosts |
. In November 2023, the aggregate principle amount of the Bridge Loan was reduced by € 5.4 billion upon the issuance of the USD Notes and the Euro Notes. As a result, the Company accelerated the amortization on $ 15 million of deferred financing costs in | text | 5.4 | monetaryItemType | text: <entity> 5.4 </entity> <entity type> monetaryItemType </entity type> <context> . In November 2023, the aggregate principle amount of the Bridge Loan was reduced by € 5.4 billion upon the issuance of the USD Notes and the Euro Notes. As a result, the Company accelerated the amortization on $ 15 million of deferred... | us-gaap:DebtInstrumentIncreaseDecreaseForPeriodNet |
. In November 2023, the aggregate principle amount of the Bridge Loan was reduced by € 5.4 billion upon the issuance of the USD Notes and the Euro Notes. As a result, the Company accelerated the amortization on $ 15 million of deferred financing costs in | text | 15 | monetaryItemType | text: <entity> 15 </entity> <entity type> monetaryItemType </entity type> <context> . In November 2023, the aggregate principle amount of the Bridge Loan was reduced by € 5.4 billion upon the issuance of the USD Notes and the Euro Notes. As a result, the Company accelerated the amortization on $ 15 million of deferred ... | us-gaap:DebtRelatedCommitmentFeesAndDebtIssuanceCosts |
On May 19, 2023, the Company entered into a senior unsecured delayed draw term loan credit agreement with JPMorgan Chase Bank, N.A., as administrative agent and certain other lenders that permits aggregate borrowings of up to € 2.3 billion (the "Delayed Draw Facility"). The Company capitalized $ 4 million of deferred f... | text | 2.3 | monetaryItemType | text: <entity> 2.3 </entity> <entity type> monetaryItemType </entity type> <context> On May 19, 2023, the Company entered into a senior unsecured delayed draw term loan credit agreement with JPMorgan Chase Bank, N.A., as administrative agent and certain other lenders that permits aggregate borrowings of up to € 2.3 bil... | us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity |
On May 19, 2023, the Company entered into a senior unsecured delayed draw term loan credit agreement with JPMorgan Chase Bank, N.A., as administrative agent and certain other lenders that permits aggregate borrowings of up to € 2.3 billion (the "Delayed Draw Facility"). The Company capitalized $ 4 million of deferred f... | text | 4 | monetaryItemType | text: <entity> 4 </entity> <entity type> monetaryItemType </entity type> <context> On May 19, 2023, the Company entered into a senior unsecured delayed draw term loan credit agreement with JPMorgan Chase Bank, N.A., as administrative agent and certain other lenders that permits aggregate borrowings of up to € 2.3 billi... | us-gaap:DeferredFinanceCostsNet |
On May 19, 2023, the Company entered into a senior unsecured delayed draw term loan credit agreement with JPMorgan Chase Bank, N.A., as administrative agent and certain other lenders that permits aggregate borrowings of up to € 2.3 billion (the "Delayed Draw Facility"). The Company capitalized $ 4 million of deferred f... | text | 500 | monetaryItemType | text: <entity> 500 </entity> <entity type> monetaryItemType </entity type> <context> On May 19, 2023, the Company entered into a senior unsecured delayed draw term loan credit agreement with JPMorgan Chase Bank, N.A., as administrative agent and certain other lenders that permits aggregate borrowings of up to € 2.3 bil... | us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity |
On April 25, 2023, the Company announced plans to exit its Fire & Security and Commercial Refrigeration businesses over the course of 2024. On December 7, 2023, the Company entered into a stock purchase agreement to sell its Access Solutions business to Honeywell International Inc. for an enterprise value of approximat... | text | 4.95 | monetaryItemType | text: <entity> 4.95 </entity> <entity type> monetaryItemType </entity type> <context> On April 25, 2023, the Company announced plans to exit its Fire & Security and Commercial Refrigeration businesses over the course of 2024. On December 7, 2023, the Company entered into a stock purchase agreement to sell its Access So... | us-gaap:DisposalGroupIncludingDiscontinuedOperationConsideration |
On April 25, 2023, the Company announced plans to exit its Fire & Security and Commercial Refrigeration businesses over the course of 2024. On December 7, 2023, the Company entered into a stock purchase agreement to sell its Access Solutions business to Honeywell International Inc. for an enterprise value of approximat... | text | 775 | monetaryItemType | text: <entity> 775 </entity> <entity type> monetaryItemType </entity type> <context> On April 25, 2023, the Company announced plans to exit its Fire & Security and Commercial Refrigeration businesses over the course of 2024. On December 7, 2023, the Company entered into a stock purchase agreement to sell its Access Sol... | us-gaap:DisposalGroupIncludingDiscontinuedOperationConsideration |
The Company conducts its operations through three reportable operating segments: HVAC, Refrigeration and Fire & Security. In accordance with ASC 280 - | text | three | integerItemType | text: <entity> three </entity> <entity type> integerItemType </entity type> <context> The Company conducts its operations through three reportable operating segments: HVAC, Refrigeration and Fire & Security. In accordance with ASC 280 - </context> | us-gaap:NumberOfOperatingSegments |
As of May 14, 2023, the Company no longer controlled KFI as their activities are subject to review and oversight by the bankruptcy court. Therefore, KFI was deconsolidated and their respective assets and liabilities were derecognized from the Company’s Consolidated Financial Statements. Upon deconsolidation, the Compan... | text | zero | monetaryItemType | text: <entity> zero </entity> <entity type> monetaryItemType </entity type> <context> As of May 14, 2023, the Company no longer controlled KFI as their activities are subject to review and oversight by the bankruptcy court. Therefore, KFI was deconsolidated and their respective assets and liabilities were derecognized ... | us-gaap:InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure |
As of May 14, 2023, the Company no longer controlled KFI as their activities are subject to review and oversight by the bankruptcy court. Therefore, KFI was deconsolidated and their respective assets and liabilities were derecognized from the Company’s Consolidated Financial Statements. Upon deconsolidation, the Compan... | text | 297 | monetaryItemType | text: <entity> 297 </entity> <entity type> monetaryItemType </entity type> <context> As of May 14, 2023, the Company no longer controlled KFI as their activities are subject to review and oversight by the bankruptcy court. Therefore, KFI was deconsolidated and their respective assets and liabilities were derecognized f... | us-gaap:DeconsolidationGainOrLossAmount |
. In addition, the deconsolidation resulted in an investing cash outflow of $ 134 million in the Company's Consolidated Statements of Cash Flows. | text | 134 | monetaryItemType | text: <entity> 134 </entity> <entity type> monetaryItemType </entity type> <context> . In addition, the deconsolidation resulted in an investing cash outflow of $ 134 million in the Company's Consolidated Statements of Cash Flows. </context> | us-gaap:CashDivestedFromDeconsolidation |
Under the Tax Matters Agreement relating to the Separation, the Company is responsible to UTC for its share of the Tax Cuts and Jobs Act transition tax associated with foreign undistributed earnings as of December 31, 2017. As a result, liabilities of $ 132 million and $ 243 million are included within the accompanying... | text | 132 | monetaryItemType | text: <entity> 132 </entity> <entity type> monetaryItemType </entity type> <context> Under the Tax Matters Agreement relating to the Separation, the Company is responsible to UTC for its share of the Tax Cuts and Jobs Act transition tax associated with foreign undistributed earnings as of December 31, 2017. As a result... | us-gaap:TaxCutsAndJobsActOf2017TransitionTaxForAccumulatedForeignEarningsLiabilityCurrent |
Under the Tax Matters Agreement relating to the Separation, the Company is responsible to UTC for its share of the Tax Cuts and Jobs Act transition tax associated with foreign undistributed earnings as of December 31, 2017. As a result, liabilities of $ 132 million and $ 243 million are included within the accompanying... | text | 243 | monetaryItemType | text: <entity> 243 </entity> <entity type> monetaryItemType </entity type> <context> Under the Tax Matters Agreement relating to the Separation, the Company is responsible to UTC for its share of the Tax Cuts and Jobs Act transition tax associated with foreign undistributed earnings as of December 31, 2017. As a result... | us-gaap:TaxCutsAndJobsActOf2017TransitionTaxForAccumulatedForeignEarningsLiability |
as of December 31, 2023, respectively. This obligation is expected to be settled in annual installments ending in April 2026 with the next installment of $ 89 million due in 2024. The Company believes that the likelihood of incurring losses materially in excess of this amount is remote. | text | 89 | monetaryItemType | text: <entity> 89 </entity> <entity type> monetaryItemType </entity type> <context> as of December 31, 2023, respectively. This obligation is expected to be settled in annual installments ending in April 2026 with the next installment of $ 89 million due in 2024. The Company believes that the likelihood of incurring lo... | us-gaap:OtherCommitmentDueInNextTwelveMonths |
On January 2, 2024, the Company entered into a 60-day senior unsecured bridge term loan agreement with JPMorgan Chase Bank, N.A., as administrative agent (" 60-day Bridge Loan"). The facility consisted of a Euro-denominated tranche in an aggregate amount of € 113 million and a USD-denominated tranche in an aggregate am... | text | 113 | monetaryItemType | text: <entity> 113 </entity> <entity type> monetaryItemType </entity type> <context> On January 2, 2024, the Company entered into a 60-day senior unsecured bridge term loan agreement with JPMorgan Chase Bank, N.A., as administrative agent (" 60-day Bridge Loan"). The facility consisted of a Euro-denominated tranche in ... | us-gaap:DebtInstrumentFaceAmount |
On January 2, 2024, the Company entered into a 60-day senior unsecured bridge term loan agreement with JPMorgan Chase Bank, N.A., as administrative agent (" 60-day Bridge Loan"). The facility consisted of a Euro-denominated tranche in an aggregate amount of € 113 million and a USD-denominated tranche in an aggregate am... | text | 349 | monetaryItemType | text: <entity> 349 </entity> <entity type> monetaryItemType </entity type> <context> On January 2, 2024, the Company entered into a 60-day senior unsecured bridge term loan agreement with JPMorgan Chase Bank, N.A., as administrative agent (" 60-day Bridge Loan"). The facility consisted of a Euro-denominated tranche in ... | us-gaap:DebtInstrumentFaceAmount |
On January 2, 2024, the Company entered into a 60-day senior unsecured bridge term loan agreement with JPMorgan Chase Bank, N.A., as administrative agent (" 60-day Bridge Loan"). The facility consisted of a Euro-denominated tranche in an aggregate amount of € 113 million and a USD-denominated tranche in an aggregate am... | text | 0.10 | percentItemType | text: <entity> 0.10 </entity> <entity type> percentItemType </entity type> <context> On January 2, 2024, the Company entered into a 60-day senior unsecured bridge term loan agreement with JPMorgan Chase Bank, N.A., as administrative agent (" 60-day Bridge Loan"). The facility consisted of a Euro-denominated tranche in ... | us-gaap:DebtInstrumentBasisSpreadOnVariableRate1 |
On January 2, 2024, the Company completed the previously announced acquisition of the VCS Business from Viessmann for total consideration of $ 14.2 billion. The purchase price consisted of (i) US$ 11.2 billion in cash and (ii) 58,608,959 shares of the Company's common stock, subject to long-term lock-up provisions and ... | text | 14.2 | monetaryItemType | text: <entity> 14.2 </entity> <entity type> monetaryItemType </entity type> <context> On January 2, 2024, the Company completed the previously announced acquisition of the VCS Business from Viessmann for total consideration of $ 14.2 billion. The purchase price consisted of (i) US$ 11.2 billion in cash and (ii) 58,608,... | us-gaap:BusinessCombinationConsiderationTransferred1 |
On January 2, 2024, the Company completed the previously announced acquisition of the VCS Business from Viessmann for total consideration of $ 14.2 billion. The purchase price consisted of (i) US$ 11.2 billion in cash and (ii) 58,608,959 shares of the Company's common stock, subject to long-term lock-up provisions and ... | text | 11.2 | monetaryItemType | text: <entity> 11.2 </entity> <entity type> monetaryItemType </entity type> <context> On January 2, 2024, the Company completed the previously announced acquisition of the VCS Business from Viessmann for total consideration of $ 14.2 billion. The purchase price consisted of (i) US$ 11.2 billion in cash and (ii) 58,608,... | us-gaap:PaymentsToAcquireBusinessesGross |
On January 2, 2024, the Company completed the previously announced acquisition of the VCS Business from Viessmann for total consideration of $ 14.2 billion. The purchase price consisted of (i) US$ 11.2 billion in cash and (ii) 58,608,959 shares of the Company's common stock, subject to long-term lock-up provisions and ... | text | 58608959 | sharesItemType | text: <entity> 58608959 </entity> <entity type> sharesItemType </entity type> <context> On January 2, 2024, the Company completed the previously announced acquisition of the VCS Business from Viessmann for total consideration of $ 14.2 billion. The purchase price consisted of (i) US$ 11.2 billion in cash and (ii) 58,60... | us-gaap:BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued |
The VCS Business develops intelligent, integrated and sustainable technologies, including heat pumps, boilers, photovoltaic systems, home battery storage and digital solutions, primarily for residential customers in Europe. The Company believes that secular trends in these areas will drive significant, sustained future... | text | 3.4 | monetaryItemType | text: <entity> 3.4 </entity> <entity type> monetaryItemType </entity type> <context> The VCS Business develops intelligent, integrated and sustainable technologies, including heat pumps, boilers, photovoltaic systems, home battery storage and digital solutions, primarily for residential customers in Europe. The Company... | us-gaap:BusinessAcquisitionsProFormaRevenue |
The transaction will be accounted for as a business combination under ASC 805 and the results of operations from the date of acquisition will be reflected within the HVAC segment. The Company is in the process of completing its appraisals of tangible and intangible assets relating to this acquisition and the allocation... | text | 80 | monetaryItemType | text: <entity> 80 </entity> <entity type> monetaryItemType </entity type> <context> The transaction will be accounted for as a business combination under ASC 805 and the results of operations from the date of acquisition will be reflected within the HVAC segment. The Company is in the process of completing its appraisa... | us-gaap:BusinessCombinationAcquisitionRelatedCosts |
The Company had a 49 % ownership interest in its equity affiliate, PersolKelly Pte. Ltd., which was accounted for under the equity method. The operating results of the equity affiliate were recorded on a one-quarter lag and included in equity in net earnings of affiliate in the consolidated statements of earnings, unt... | text | 49 | percentItemType | text: <entity> 49 </entity> <entity type> percentItemType </entity type> <context> The Company had a 49 % ownership interest in its equity affiliate, PersolKelly Pte. Ltd., which was accounted for under the equity method. The operating results of the equity affiliate were recorded on a one-quarter lag and included in ... | us-gaap:EquityMethodInvestmentOwnershipPercentage |
Advertising expenses, which are expensed as incurred and are included in SG&A expenses, were $ 9.6 million in 2024, $ 7.8 million in 2023 and $ 6.4 million in 2022. | text | 9.6 | monetaryItemType | text: <entity> 9.6 </entity> <entity type> monetaryItemType </entity type> <context> Advertising expenses, which are expensed as incurred and are included in SG&A expenses, were $ 9.6 million in 2024, $ 7.8 million in 2023 and $ 6.4 million in 2022. </context> | us-gaap:AdvertisingExpense |
Advertising expenses, which are expensed as incurred and are included in SG&A expenses, were $ 9.6 million in 2024, $ 7.8 million in 2023 and $ 6.4 million in 2022. | text | 7.8 | monetaryItemType | text: <entity> 7.8 </entity> <entity type> monetaryItemType </entity type> <context> Advertising expenses, which are expensed as incurred and are included in SG&A expenses, were $ 9.6 million in 2024, $ 7.8 million in 2023 and $ 6.4 million in 2022. </context> | us-gaap:AdvertisingExpense |
Advertising expenses, which are expensed as incurred and are included in SG&A expenses, were $ 9.6 million in 2024, $ 7.8 million in 2023 and $ 6.4 million in 2022. | text | 6.4 | monetaryItemType | text: <entity> 6.4 </entity> <entity type> monetaryItemType </entity type> <context> Advertising expenses, which are expensed as incurred and are included in SG&A expenses, were $ 9.6 million in 2024, $ 7.8 million in 2023 and $ 6.4 million in 2022. </context> | us-gaap:AdvertisingExpense |
The property and equipment at cost for 2023 in the table above includes $ 27.8 million of assets held for sale (see Acquisitions and Dispositions footnote). The Company capitalizes external costs and internal payroll costs directly incurred in the development of software for internal use as required by the Internal-Us... | text | 12.5 | monetaryItemType | text: <entity> 12.5 </entity> <entity type> monetaryItemType </entity type> <context> The property and equipment at cost for 2023 in the table above includes $ 27.8 million of assets held for sale (see Acquisitions and Dispositions footnote). The Company capitalizes external costs and internal payroll costs directly i... | us-gaap:Depreciation |
The property and equipment at cost for 2023 in the table above includes $ 27.8 million of assets held for sale (see Acquisitions and Dispositions footnote). The Company capitalizes external costs and internal payroll costs directly incurred in the development of software for internal use as required by the Internal-Us... | text | 12.4 | monetaryItemType | text: <entity> 12.4 </entity> <entity type> monetaryItemType </entity type> <context> The property and equipment at cost for 2023 in the table above includes $ 27.8 million of assets held for sale (see Acquisitions and Dispositions footnote). The Company capitalizes external costs and internal payroll costs directly i... | us-gaap:Depreciation |
The property and equipment at cost for 2023 in the table above includes $ 27.8 million of assets held for sale (see Acquisitions and Dispositions footnote). The Company capitalizes external costs and internal payroll costs directly incurred in the development of software for internal use as required by the Internal-Us... | text | 13.6 | monetaryItemType | text: <entity> 13.6 </entity> <entity type> monetaryItemType </entity type> <context> The property and equipment at cost for 2023 in the table above includes $ 27.8 million of assets held for sale (see Acquisitions and Dispositions footnote). The Company capitalizes external costs and internal payroll costs directly i... | us-gaap:Depreciation |
Amortization expense was $ 11.6 million for 2024, $ 6.9 million for 2023, and $ 4.2 million for 2022. The related accumulated amortization totaled $ 23.5 million in 2024 and $ 14.2 million in 2023, of which $ 2.3 million was held for sale. Capitalized amounts related to such arrangements are recorded within prepaid a... | text | 11.6 | monetaryItemType | text: <entity> 11.6 </entity> <entity type> monetaryItemType </entity type> <context> Amortization expense was $ 11.6 million for 2024, $ 6.9 million for 2023, and $ 4.2 million for 2022. The related accumulated amortization totaled $ 23.5 million in 2024 and $ 14.2 million in 2023, of which $ 2.3 million was held for... | us-gaap:AmortizationOfIntangibleAssets |
Amortization expense was $ 11.6 million for 2024, $ 6.9 million for 2023, and $ 4.2 million for 2022. The related accumulated amortization totaled $ 23.5 million in 2024 and $ 14.2 million in 2023, of which $ 2.3 million was held for sale. Capitalized amounts related to such arrangements are recorded within prepaid a... | text | 6.9 | monetaryItemType | text: <entity> 6.9 </entity> <entity type> monetaryItemType </entity type> <context> Amortization expense was $ 11.6 million for 2024, $ 6.9 million for 2023, and $ 4.2 million for 2022. The related accumulated amortization totaled $ 23.5 million in 2024 and $ 14.2 million in 2023, of which $ 2.3 million was held for ... | us-gaap:AmortizationOfIntangibleAssets |
Amortization expense was $ 11.6 million for 2024, $ 6.9 million for 2023, and $ 4.2 million for 2022. The related accumulated amortization totaled $ 23.5 million in 2024 and $ 14.2 million in 2023, of which $ 2.3 million was held for sale. Capitalized amounts related to such arrangements are recorded within prepaid a... | text | 4.2 | monetaryItemType | text: <entity> 4.2 </entity> <entity type> monetaryItemType </entity type> <context> Amortization expense was $ 11.6 million for 2024, $ 6.9 million for 2023, and $ 4.2 million for 2022. The related accumulated amortization totaled $ 23.5 million in 2024 and $ 14.2 million in 2023, of which $ 2.3 million was held for ... | us-gaap:AmortizationOfIntangibleAssets |
Amortization expense was $ 11.6 million for 2024, $ 6.9 million for 2023, and $ 4.2 million for 2022. The related accumulated amortization totaled $ 23.5 million in 2024 and $ 14.2 million in 2023, of which $ 2.3 million was held for sale. Capitalized amounts related to such arrangements are recorded within prepaid a... | text | 23.5 | monetaryItemType | text: <entity> 23.5 </entity> <entity type> monetaryItemType </entity type> <context> Amortization expense was $ 11.6 million for 2024, $ 6.9 million for 2023, and $ 4.2 million for 2022. The related accumulated amortization totaled $ 23.5 million in 2024 and $ 14.2 million in 2023, of which $ 2.3 million was held for... | us-gaap:FiniteLivedIntangibleAssetsAccumulatedAmortization |
Amortization expense was $ 11.6 million for 2024, $ 6.9 million for 2023, and $ 4.2 million for 2022. The related accumulated amortization totaled $ 23.5 million in 2024 and $ 14.2 million in 2023, of which $ 2.3 million was held for sale. Capitalized amounts related to such arrangements are recorded within prepaid a... | text | 14.2 | monetaryItemType | text: <entity> 14.2 </entity> <entity type> monetaryItemType </entity type> <context> Amortization expense was $ 11.6 million for 2024, $ 6.9 million for 2023, and $ 4.2 million for 2022. The related accumulated amortization totaled $ 23.5 million in 2024 and $ 14.2 million in 2023, of which $ 2.3 million was held for... | us-gaap:FiniteLivedIntangibleAssetsAccumulatedAmortization |
Amortization expense was $ 11.6 million for 2024, $ 6.9 million for 2023, and $ 4.2 million for 2022. The related accumulated amortization totaled $ 23.5 million in 2024 and $ 14.2 million in 2023, of which $ 2.3 million was held for sale. Capitalized amounts related to such arrangements are recorded within prepaid a... | text | 2.3 | monetaryItemType | text: <entity> 2.3 </entity> <entity type> monetaryItemType </entity type> <context> Amortization expense was $ 11.6 million for 2024, $ 6.9 million for 2023, and $ 4.2 million for 2022. The related accumulated amortization totaled $ 23.5 million in 2024 and $ 14.2 million in 2023, of which $ 2.3 million was held for ... | us-gaap:DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization |
Included in accounts payable balances are book overdrafts, which are outstanding checks in excess of funds on deposit. Such amounts totaled $ 5.1 million and $ 1.2 million at year-end 2024 and 2023, respectively. | text | 5.1 | monetaryItemType | text: <entity> 5.1 </entity> <entity type> monetaryItemType </entity type> <context> Included in accounts payable balances are book overdrafts, which are outstanding checks in excess of funds on deposit. Such amounts totaled $ 5.1 million and $ 1.2 million at year-end 2024 and 2023, respectively. </context> | us-gaap:AccountsPayableAndAccruedLiabilitiesCurrent |
Included in accounts payable balances are book overdrafts, which are outstanding checks in excess of funds on deposit. Such amounts totaled $ 5.1 million and $ 1.2 million at year-end 2024 and 2023, respectively. | text | 1.2 | monetaryItemType | text: <entity> 1.2 </entity> <entity type> monetaryItemType </entity type> <context> Included in accounts payable balances are book overdrafts, which are outstanding checks in excess of funds on deposit. Such amounts totaled $ 5.1 million and $ 1.2 million at year-end 2024 and 2023, respectively. </context> | us-gaap:AccountsPayableAndAccruedLiabilitiesCurrent |
In the U.S., the Company has a combination of insurance and self-insurance contracts under which we effectively bear the first $ 1.0 million of risk per single accident. The Company establishes accruals for workers’ compensation claims utilizing actuarial methods to estimate the undiscounted future cash payments that ... | text | 1.0 | monetaryItemType | text: <entity> 1.0 </entity> <entity type> monetaryItemType </entity type> <context> In the U.S., the Company has a combination of insurance and self-insurance contracts under which we effectively bear the first $ 1.0 million of risk per single accident. The Company establishes accruals for workers’ compensation claim... | us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense |
Kelly has four operating segments: Professional & Industrial ("P&I"), Science, Engineering & Technology ("SET"), Education, and Outsourcing & Consulting Group ("Outsourcing & Consulting," "OCG"). Prior to 2024, the Company also had an International operating segment (see Segment Disclosures footnote). Following the s... | text | four | integerItemType | text: <entity> four </entity> <entity type> integerItemType </entity type> <context> Kelly has four operating segments: Professional & Industrial ("P&I"), Science, Engineering & Technology ("SET"), Education, and Outsourcing & Consulting Group ("Outsourcing & Consulting," "OCG"). Prior to 2024, the Company also had an... | us-gaap:NumberOfOperatingSegments |
Deferred fulfillment costs, which are included in prepaid expenses and other current assets in the consolidated balance sheet, were $ 1.8 million as of year-end 2024 and $ 3.4 million as of 2023. Amortization expense for the deferred costs was $ 6.7 million for 2024, $ 7.7 million for 2023 and $ 10.1 million for 2022.... | text | 1.8 | monetaryItemType | text: <entity> 1.8 </entity> <entity type> monetaryItemType </entity type> <context> Deferred fulfillment costs, which are included in prepaid expenses and other current assets in the consolidated balance sheet, were $ 1.8 million as of year-end 2024 and $ 3.4 million as of 2023. Amortization expense for the deferred ... | us-gaap:CapitalizedContractCostGross |
Deferred fulfillment costs, which are included in prepaid expenses and other current assets in the consolidated balance sheet, were $ 1.8 million as of year-end 2024 and $ 3.4 million as of 2023. Amortization expense for the deferred costs was $ 6.7 million for 2024, $ 7.7 million for 2023 and $ 10.1 million for 2022.... | text | 3.4 | monetaryItemType | text: <entity> 3.4 </entity> <entity type> monetaryItemType </entity type> <context> Deferred fulfillment costs, which are included in prepaid expenses and other current assets in the consolidated balance sheet, were $ 1.8 million as of year-end 2024 and $ 3.4 million as of 2023. Amortization expense for the deferred ... | us-gaap:CapitalizedContractCostGross |
Deferred fulfillment costs, which are included in prepaid expenses and other current assets in the consolidated balance sheet, were $ 1.8 million as of year-end 2024 and $ 3.4 million as of 2023. Amortization expense for the deferred costs was $ 6.7 million for 2024, $ 7.7 million for 2023 and $ 10.1 million for 2022.... | text | 6.7 | monetaryItemType | text: <entity> 6.7 </entity> <entity type> monetaryItemType </entity type> <context> Deferred fulfillment costs, which are included in prepaid expenses and other current assets in the consolidated balance sheet, were $ 1.8 million as of year-end 2024 and $ 3.4 million as of 2023. Amortization expense for the deferred ... | us-gaap:CapitalizedContractCostAmortization |
Deferred fulfillment costs, which are included in prepaid expenses and other current assets in the consolidated balance sheet, were $ 1.8 million as of year-end 2024 and $ 3.4 million as of 2023. Amortization expense for the deferred costs was $ 6.7 million for 2024, $ 7.7 million for 2023 and $ 10.1 million for 2022.... | text | 7.7 | monetaryItemType | text: <entity> 7.7 </entity> <entity type> monetaryItemType </entity type> <context> Deferred fulfillment costs, which are included in prepaid expenses and other current assets in the consolidated balance sheet, were $ 1.8 million as of year-end 2024 and $ 3.4 million as of 2023. Amortization expense for the deferred ... | us-gaap:CapitalizedContractCostAmortization |
Deferred fulfillment costs, which are included in prepaid expenses and other current assets in the consolidated balance sheet, were $ 1.8 million as of year-end 2024 and $ 3.4 million as of 2023. Amortization expense for the deferred costs was $ 6.7 million for 2024, $ 7.7 million for 2023 and $ 10.1 million for 2022.... | text | 10.1 | monetaryItemType | text: <entity> 10.1 </entity> <entity type> monetaryItemType </entity type> <context> Deferred fulfillment costs, which are included in prepaid expenses and other current assets in the consolidated balance sheet, were $ 1.8 million as of year-end 2024 and $ 3.4 million as of 2023. Amortization expense for the deferred... | us-gaap:CapitalizedContractCostAmortization |
As of year-end 2024, the Company has a receivable of $ 16.4 million related to the sale of our EMEA staffing operations (see Acquisitions and Dispositions footnote). The Company has determined that no credit loss provision is required on this receivable as it is considered collectible. There were no long-term customer ... | text | 16.4 | monetaryItemType | text: <entity> 16.4 </entity> <entity type> monetaryItemType </entity type> <context> As of year-end 2024, the Company has a receivable of $ 16.4 million related to the sale of our EMEA staffing operations (see Acquisitions and Dispositions footnote). The Company has determined that no credit loss provision is required... | us-gaap:OtherReceivables |
On November 13, 2024, Kelly Services USA, LLC ("KSU"), a wholly owned subsidiary of the Company, acquired 100 % of the issued and outstanding limited liability company interests of Children's Therapy Center ("CTC"). CTC specializes in occupational, physical, and speech therapy for children and will expand the Company'... | text | 100 | percentItemType | text: <entity> 100 </entity> <entity type> percentItemType </entity type> <context> On November 13, 2024, Kelly Services USA, LLC ("KSU"), a wholly owned subsidiary of the Company, acquired 100 % of the issued and outstanding limited liability company interests of Children's Therapy Center ("CTC"). CTC specializes in ... | us-gaap:BusinessAcquisitionPercentageOfVotingInterestsAcquired |
On November 13, 2024, Kelly Services USA, LLC ("KSU"), a wholly owned subsidiary of the Company, acquired 100 % of the issued and outstanding limited liability company interests of Children's Therapy Center ("CTC"). CTC specializes in occupational, physical, and speech therapy for children and will expand the Company'... | text | 3.3 | monetaryItemType | text: <entity> 3.3 </entity> <entity type> monetaryItemType </entity type> <context> On November 13, 2024, Kelly Services USA, LLC ("KSU"), a wholly owned subsidiary of the Company, acquired 100 % of the issued and outstanding limited liability company interests of Children's Therapy Center ("CTC"). CTC specializes in... | us-gaap:BusinessCombinationConsiderationTransferred1 |
On November 13, 2024, Kelly Services USA, LLC ("KSU"), a wholly owned subsidiary of the Company, acquired 100 % of the issued and outstanding limited liability company interests of Children's Therapy Center ("CTC"). CTC specializes in occupational, physical, and speech therapy for children and will expand the Company'... | text | 3.1 | monetaryItemType | text: <entity> 3.1 </entity> <entity type> monetaryItemType </entity type> <context> On November 13, 2024, Kelly Services USA, LLC ("KSU"), a wholly owned subsidiary of the Company, acquired 100 % of the issued and outstanding limited liability company interests of Children's Therapy Center ("CTC"). CTC specializes in... | us-gaap:PaymentsToAcquireBusinessesGross |
On November 13, 2024, Kelly Services USA, LLC ("KSU"), a wholly owned subsidiary of the Company, acquired 100 % of the issued and outstanding limited liability company interests of Children's Therapy Center ("CTC"). CTC specializes in occupational, physical, and speech therapy for children and will expand the Company'... | text | 3.0 | monetaryItemType | text: <entity> 3.0 </entity> <entity type> monetaryItemType </entity type> <context> On November 13, 2024, Kelly Services USA, LLC ("KSU"), a wholly owned subsidiary of the Company, acquired 100 % of the issued and outstanding limited liability company interests of Children's Therapy Center ("CTC"). CTC specializes in... | us-gaap:Goodwill |
On May 31, 2024, the Company indirectly acquired 100 % of the equity interests in Motion Recruitment Partners, LLC ("MRP") by way of a merger with MRP Merger Sub, Inc. ("Merger Sub"), a newly-formed, wholly owned subsidiary of the Company, with and into MRP Topco ("Topco"), the indirect parent company of MRP and Littl... | text | 100 | percentItemType | text: <entity> 100 </entity> <entity type> percentItemType </entity type> <context> On May 31, 2024, the Company indirectly acquired 100 % of the equity interests in Motion Recruitment Partners, LLC ("MRP") by way of a merger with MRP Merger Sub, Inc. ("Merger Sub"), a newly-formed, wholly owned subsidiary of the Comp... | us-gaap:BusinessAcquisitionPercentageOfVotingInterestsAcquired |
On May 31, 2024, the Company indirectly acquired 100 % of the equity interests in Motion Recruitment Partners, LLC ("MRP") by way of a merger with MRP Merger Sub, Inc. ("Merger Sub"), a newly-formed, wholly owned subsidiary of the Company, with and into MRP Topco ("Topco"), the indirect parent company of MRP and Littl... | text | 425.0 | monetaryItemType | text: <entity> 425.0 </entity> <entity type> monetaryItemType </entity type> <context> On May 31, 2024, the Company indirectly acquired 100 % of the equity interests in Motion Recruitment Partners, LLC ("MRP") by way of a merger with MRP Merger Sub, Inc. ("Merger Sub"), a newly-formed, wholly owned subsidiary of the C... | us-gaap:BusinessCombinationConsiderationTransferred1 |
On May 31, 2024, the Company indirectly acquired 100 % of the equity interests in Motion Recruitment Partners, LLC ("MRP") by way of a merger with MRP Merger Sub, Inc. ("Merger Sub"), a newly-formed, wholly owned subsidiary of the Company, with and into MRP Topco ("Topco"), the indirect parent company of MRP and Littl... | text | 440.0 | monetaryItemType | text: <entity> 440.0 </entity> <entity type> monetaryItemType </entity type> <context> On May 31, 2024, the Company indirectly acquired 100 % of the equity interests in Motion Recruitment Partners, LLC ("MRP") by way of a merger with MRP Merger Sub, Inc. ("Merger Sub"), a newly-formed, wholly owned subsidiary of the C... | us-gaap:PaymentsToAcquireBusinessesGross |
On May 31, 2024, the Company indirectly acquired 100 % of the equity interests in Motion Recruitment Partners, LLC ("MRP") by way of a merger with MRP Merger Sub, Inc. ("Merger Sub"), a newly-formed, wholly owned subsidiary of the Company, with and into MRP Topco ("Topco"), the indirect parent company of MRP and Littl... | text | 3.4 | monetaryItemType | text: <entity> 3.4 </entity> <entity type> monetaryItemType </entity type> <context> On May 31, 2024, the Company indirectly acquired 100 % of the equity interests in Motion Recruitment Partners, LLC ("MRP") by way of a merger with MRP Merger Sub, Inc. ("Merger Sub"), a newly-formed, wholly owned subsidiary of the Com... | us-gaap:BusinessCombinationConsiderationTransferredOther1 |
On May 31, 2024, the Company indirectly acquired 100 % of the equity interests in Motion Recruitment Partners, LLC ("MRP") by way of a merger with MRP Merger Sub, Inc. ("Merger Sub"), a newly-formed, wholly owned subsidiary of the Company, with and into MRP Topco ("Topco"), the indirect parent company of MRP and Littl... | text | 60.0 | monetaryItemType | text: <entity> 60.0 </entity> <entity type> monetaryItemType </entity type> <context> On May 31, 2024, the Company indirectly acquired 100 % of the equity interests in Motion Recruitment Partners, LLC ("MRP") by way of a merger with MRP Merger Sub, Inc. ("Merger Sub"), a newly-formed, wholly owned subsidiary of the Co... | us-gaap:BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueHigh |
On May 31, 2024, the Company indirectly acquired 100 % of the equity interests in Motion Recruitment Partners, LLC ("MRP") by way of a merger with MRP Merger Sub, Inc. ("Merger Sub"), a newly-formed, wholly owned subsidiary of the Company, with and into MRP Topco ("Topco"), the indirect parent company of MRP and Littl... | text | zero | monetaryItemType | text: <entity> zero </entity> <entity type> monetaryItemType </entity type> <context> On May 31, 2024, the Company indirectly acquired 100 % of the equity interests in Motion Recruitment Partners, LLC ("MRP") by way of a merger with MRP Merger Sub, Inc. ("Merger Sub"), a newly-formed, wholly owned subsidiary of the Co... | us-gaap:BusinessCombinationContingentConsiderationLiability |
The fair value of the acquired receivables represents the contractual value net of the allowance for potentially uncollectible accounts. Included in the assets purchased in the MRP acquisition was $ 145.9 million of intangible assets, made up of $ 88.1 million in customer relationships, $ 56.5 million associated with ... | text | 145.9 | monetaryItemType | text: <entity> 145.9 </entity> <entity type> monetaryItemType </entity type> <context> The fair value of the acquired receivables represents the contractual value net of the allowance for potentially uncollectible accounts. Included in the assets purchased in the MRP acquisition was $ 145.9 million of intangible asset... | us-gaap:BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill |
The fair value of the acquired receivables represents the contractual value net of the allowance for potentially uncollectible accounts. Included in the assets purchased in the MRP acquisition was $ 145.9 million of intangible assets, made up of $ 88.1 million in customer relationships, $ 56.5 million associated with ... | text | 88.1 | monetaryItemType | text: <entity> 88.1 </entity> <entity type> monetaryItemType </entity type> <context> The fair value of the acquired receivables represents the contractual value net of the allowance for potentially uncollectible accounts. Included in the assets purchased in the MRP acquisition was $ 145.9 million of intangible assets... | us-gaap:BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill |
The fair value of the acquired receivables represents the contractual value net of the allowance for potentially uncollectible accounts. Included in the assets purchased in the MRP acquisition was $ 145.9 million of intangible assets, made up of $ 88.1 million in customer relationships, $ 56.5 million associated with ... | text | 56.5 | monetaryItemType | text: <entity> 56.5 </entity> <entity type> monetaryItemType </entity type> <context> The fair value of the acquired receivables represents the contractual value net of the allowance for potentially uncollectible accounts. Included in the assets purchased in the MRP acquisition was $ 145.9 million of intangible assets... | us-gaap:BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill |
The fair value of the acquired receivables represents the contractual value net of the allowance for potentially uncollectible accounts. Included in the assets purchased in the MRP acquisition was $ 145.9 million of intangible assets, made up of $ 88.1 million in customer relationships, $ 56.5 million associated with ... | text | 1.3 | monetaryItemType | text: <entity> 1.3 </entity> <entity type> monetaryItemType </entity type> <context> The fair value of the acquired receivables represents the contractual value net of the allowance for potentially uncollectible accounts. Included in the assets purchased in the MRP acquisition was $ 145.9 million of intangible assets,... | us-gaap:BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill |
MRP's results of operations are included in the SET segment. For year-end 2024, our consolidated revenues and net earnings (loss) include $ 285.8 million and $ 4.2 million of earnings from MRP, respectively. | text | 285.8 | monetaryItemType | text: <entity> 285.8 </entity> <entity type> monetaryItemType </entity type> <context> MRP's results of operations are included in the SET segment. For year-end 2024, our consolidated revenues and net earnings (loss) include $ 285.8 million and $ 4.2 million of earnings from MRP, respectively. </context> | us-gaap:BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual |
MRP's results of operations are included in the SET segment. For year-end 2024, our consolidated revenues and net earnings (loss) include $ 285.8 million and $ 4.2 million of earnings from MRP, respectively. | text | 4.2 | monetaryItemType | text: <entity> 4.2 </entity> <entity type> monetaryItemType </entity type> <context> MRP's results of operations are included in the SET segment. For year-end 2024, our consolidated revenues and net earnings (loss) include $ 285.8 million and $ 4.2 million of earnings from MRP, respectively. </context> | us-gaap:BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual |
In the second quarter of 2022, KSU, a wholly owned subsidiary of the Company, acquired 100 % of the membership interests of Pediatric Therapeutic Services ("PTS") for a purchase price of $ 82.1 million. PTS is a specialty firm that provides and manages various state and federally mandated in-school therapy services. ... | text | 100 | percentItemType | text: <entity> 100 </entity> <entity type> percentItemType </entity type> <context> In the second quarter of 2022, KSU, a wholly owned subsidiary of the Company, acquired 100 % of the membership interests of Pediatric Therapeutic Services ("PTS") for a purchase price of $ 82.1 million. PTS is a specialty firm that pro... | us-gaap:BusinessAcquisitionPercentageOfVotingInterestsAcquired |
In the second quarter of 2022, KSU, a wholly owned subsidiary of the Company, acquired 100 % of the membership interests of Pediatric Therapeutic Services ("PTS") for a purchase price of $ 82.1 million. PTS is a specialty firm that provides and manages various state and federally mandated in-school therapy services. ... | text | 82.1 | monetaryItemType | text: <entity> 82.1 </entity> <entity type> monetaryItemType </entity type> <context> In the second quarter of 2022, KSU, a wholly owned subsidiary of the Company, acquired 100 % of the membership interests of Pediatric Therapeutic Services ("PTS") for a purchase price of $ 82.1 million. PTS is a specialty firm that p... | us-gaap:BusinessCombinationConsiderationTransferred1 |
In the second quarter of 2022, KSU, a wholly owned subsidiary of the Company, acquired 100 % of the membership interests of Pediatric Therapeutic Services ("PTS") for a purchase price of $ 82.1 million. PTS is a specialty firm that provides and manages various state and federally mandated in-school therapy services. ... | text | 85.7 | monetaryItemType | text: <entity> 85.7 </entity> <entity type> monetaryItemType </entity type> <context> In the second quarter of 2022, KSU, a wholly owned subsidiary of the Company, acquired 100 % of the membership interests of Pediatric Therapeutic Services ("PTS") for a purchase price of $ 82.1 million. PTS is a specialty firm that p... | us-gaap:PaymentsToAcquireBusinessesGross |
In the first quarter of 2022, the Company acquired Rocket Power Holdings LLC and Rocket Power Ops LLC (collectively, "RocketPower") and acquired 100 % of the issued and outstanding membership interests of RocketPower for a purchase price of $ 59.3 million. RocketPower is a provider of RPO solutions to U.S. high-tech c... | text | 100 | percentItemType | text: <entity> 100 </entity> <entity type> percentItemType </entity type> <context> In the first quarter of 2022, the Company acquired Rocket Power Holdings LLC and Rocket Power Ops LLC (collectively, "RocketPower") and acquired 100 % of the issued and outstanding membership interests of RocketPower for a purchase pric... | us-gaap:BusinessAcquisitionPercentageOfVotingInterestsAcquired |
In the first quarter of 2022, the Company acquired Rocket Power Holdings LLC and Rocket Power Ops LLC (collectively, "RocketPower") and acquired 100 % of the issued and outstanding membership interests of RocketPower for a purchase price of $ 59.3 million. RocketPower is a provider of RPO solutions to U.S. high-tech c... | text | 59.3 | monetaryItemType | text: <entity> 59.3 </entity> <entity type> monetaryItemType </entity type> <context> In the first quarter of 2022, the Company acquired Rocket Power Holdings LLC and Rocket Power Ops LLC (collectively, "RocketPower") and acquired 100 % of the issued and outstanding membership interests of RocketPower for a purchase pr... | us-gaap:BusinessCombinationConsiderationTransferred1 |
In the first quarter of 2022, the Company acquired Rocket Power Holdings LLC and Rocket Power Ops LLC (collectively, "RocketPower") and acquired 100 % of the issued and outstanding membership interests of RocketPower for a purchase price of $ 59.3 million. RocketPower is a provider of RPO solutions to U.S. high-tech c... | text | 61.8 | monetaryItemType | text: <entity> 61.8 </entity> <entity type> monetaryItemType </entity type> <context> In the first quarter of 2022, the Company acquired Rocket Power Holdings LLC and Rocket Power Ops LLC (collectively, "RocketPower") and acquired 100 % of the issued and outstanding membership interests of RocketPower for a purchase pr... | us-gaap:PaymentsToAcquireBusinessesGross |
Goodwill generated from the acquisition was primarily attributable to expected synergies from combining operations and expanding market potential and was assigned to the OCG operating segment. In 2022, changes in market conditions triggered interim impairment tests for both long-lived assets and goodwill, resulting in... | text | 41.0 | monetaryItemType | text: <entity> 41.0 </entity> <entity type> monetaryItemType </entity type> <context> Goodwill generated from the acquisition was primarily attributable to expected synergies from combining operations and expanding market potential and was assigned to the OCG operating segment. In 2022, changes in market conditions tr... | us-gaap:GoodwillImpairmentLoss |
On January 2, 2024, the Company completed the sale of its EMEA staffing operations ("disposal group"), which was included in the Company's International operating segment, to Gi Group Holdings S.P.A. ("Gi"). Upon closing, the Company received cash proceeds of $ 110.6 million, or $ 77.1 million net of cash disposed, wh... | text | 110.6 | monetaryItemType | text: <entity> 110.6 </entity> <entity type> monetaryItemType </entity type> <context> On January 2, 2024, the Company completed the sale of its EMEA staffing operations ("disposal group"), which was included in the Company's International operating segment, to Gi Group Holdings S.P.A. ("Gi"). Upon closing, the Compan... | us-gaap:ProceedsFromDivestitureOfBusinesses |
On January 2, 2024, the Company completed the sale of its EMEA staffing operations ("disposal group"), which was included in the Company's International operating segment, to Gi Group Holdings S.P.A. ("Gi"). Upon closing, the Company received cash proceeds of $ 110.6 million, or $ 77.1 million net of cash disposed, wh... | text | 26.9 | monetaryItemType | text: <entity> 26.9 </entity> <entity type> monetaryItemType </entity type> <context> On January 2, 2024, the Company completed the sale of its EMEA staffing operations ("disposal group"), which was included in the Company's International operating segment, to Gi Group Holdings S.P.A. ("Gi"). Upon closing, the Company... | us-gaap:OtherReceivables |
On January 2, 2024, the Company completed the sale of its EMEA staffing operations ("disposal group"), which was included in the Company's International operating segment, to Gi Group Holdings S.P.A. ("Gi"). Upon closing, the Company received cash proceeds of $ 110.6 million, or $ 77.1 million net of cash disposed, wh... | text | 16.8 | monetaryItemType | text: <entity> 16.8 </entity> <entity type> monetaryItemType </entity type> <context> On January 2, 2024, the Company completed the sale of its EMEA staffing operations ("disposal group"), which was included in the Company's International operating segment, to Gi Group Holdings S.P.A. ("Gi"). Upon closing, the Company... | us-gaap:OtherReceivables |
On January 2, 2024, the Company completed the sale of its EMEA staffing operations ("disposal group"), which was included in the Company's International operating segment, to Gi Group Holdings S.P.A. ("Gi"). Upon closing, the Company received cash proceeds of $ 110.6 million, or $ 77.1 million net of cash disposed, wh... | text | 16.4 | monetaryItemType | text: <entity> 16.4 </entity> <entity type> monetaryItemType </entity type> <context> On January 2, 2024, the Company completed the sale of its EMEA staffing operations ("disposal group"), which was included in the Company's International operating segment, to Gi Group Holdings S.P.A. ("Gi"). Upon closing, the Company... | us-gaap:OtherReceivables |
On January 2, 2024, the Company completed the sale of its EMEA staffing operations ("disposal group"), which was included in the Company's International operating segment, to Gi Group Holdings S.P.A. ("Gi"). Upon closing, the Company received cash proceeds of $ 110.6 million, or $ 77.1 million net of cash disposed, wh... | text | 0.4 | monetaryItemType | text: <entity> 0.4 </entity> <entity type> monetaryItemType </entity type> <context> On January 2, 2024, the Company completed the sale of its EMEA staffing operations ("disposal group"), which was included in the Company's International operating segment, to Gi Group Holdings S.P.A. ("Gi"). Upon closing, the Company ... | us-gaap:IncreaseDecreaseInOtherReceivables |
On January 2, 2024, the Company completed the sale of its EMEA staffing operations ("disposal group"), which was included in the Company's International operating segment, to Gi Group Holdings S.P.A. ("Gi"). Upon closing, the Company received cash proceeds of $ 110.6 million, or $ 77.1 million net of cash disposed, wh... | text | 1.6 | monetaryItemType | text: <entity> 1.6 </entity> <entity type> monetaryItemType </entity type> <context> On January 2, 2024, the Company completed the sale of its EMEA staffing operations ("disposal group"), which was included in the Company's International operating segment, to Gi Group Holdings S.P.A. ("Gi"). Upon closing, the Company ... | us-gaap:GainLossOnSaleOfBusiness |
The disposal group did not meet the requirements to be classified as discontinued operations as the sale did not have a material effect on the Company's operations and did not represent a strategic shift in the Company's strategy. As of December 31, 2023, the disposal group was classified as held for sale and held at ... | text | 4.3 | monetaryItemType | text: <entity> 4.3 </entity> <entity type> monetaryItemType </entity type> <context> The disposal group did not meet the requirements to be classified as discontinued operations as the sale did not have a material effect on the Company's operations and did not represent a strategic shift in the Company's strategy. As ... | us-gaap:DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss |
On July 20, 2022, the Company completed the sale of its Russia operations, which was included in the Company's International operating segment. The Company received cash proceeds of $ 7.4 million, which was less than the cash disposed of in the sale, resulting in investing cash outflows of $ 6.0 million in the consoli... | text | 7.4 | monetaryItemType | text: <entity> 7.4 </entity> <entity type> monetaryItemType </entity type> <context> On July 20, 2022, the Company completed the sale of its Russia operations, which was included in the Company's International operating segment. The Company received cash proceeds of $ 7.4 million, which was less than the cash disposed... | us-gaap:ProceedsFromDivestitureOfBusinesses |
On July 20, 2022, the Company completed the sale of its Russia operations, which was included in the Company's International operating segment. The Company received cash proceeds of $ 7.4 million, which was less than the cash disposed of in the sale, resulting in investing cash outflows of $ 6.0 million in the consoli... | text | 18.7 | monetaryItemType | text: <entity> 18.7 </entity> <entity type> monetaryItemType </entity type> <context> On July 20, 2022, the Company completed the sale of its Russia operations, which was included in the Company's International operating segment. The Company received cash proceeds of $ 7.4 million, which was less than the cash dispose... | us-gaap:DisposalGroupNotDiscontinuedOperationGainLossOnDisposal |
On July 20, 2022, the Company completed the sale of its Russia operations, which was included in the Company's International operating segment. The Company received cash proceeds of $ 7.4 million, which was less than the cash disposed of in the sale, resulting in investing cash outflows of $ 6.0 million in the consoli... | text | 63.4 | monetaryItemType | text: <entity> 63.4 </entity> <entity type> monetaryItemType </entity type> <context> On July 20, 2022, the Company completed the sale of its Russia operations, which was included in the Company's International operating segment. The Company received cash proceeds of $ 7.4 million, which was less than the cash dispose... | us-gaap:DisposalGroupIncludingDiscontinuedOperationRevenue |
On July 20, 2022, the Company completed the sale of its Russia operations, which was included in the Company's International operating segment. The Company received cash proceeds of $ 7.4 million, which was less than the cash disposed of in the sale, resulting in investing cash outflows of $ 6.0 million in the consoli... | text | 1.4 | monetaryItemType | text: <entity> 1.4 </entity> <entity type> monetaryItemType </entity type> <context> On July 20, 2022, the Company completed the sale of its Russia operations, which was included in the Company's International operating segment. The Company received cash proceeds of $ 7.4 million, which was less than the cash disposed... | us-gaap:DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss |
Prior to February 2022, the Company had a yen-denominated investment through the Company's subsidiary, Kelly Services Japan, Inc., in the common stock of Persol Holdings Co., Ltd. ("Persol Holdings"), the 100 % owner of Persol Asia Pacific Pte. Ltd., the Company’s joint venture partner in PersolKelly Pte. Ltd. (the "JV... | text | 100 | percentItemType | text: <entity> 100 </entity> <entity type> percentItemType </entity type> <context> Prior to February 2022, the Company had a yen-denominated investment through the Company's subsidiary, Kelly Services Japan, Inc., in the common stock of Persol Holdings Co., Ltd. ("Persol Holdings"), the 100 % owner of Persol Asia Paci... | us-gaap:MinorityInterestOwnershipPercentageByParent |
On February 14, 2022, the Company repurchased 1,576,169 Class A and 1,475 Class B common shares held by Persol Holdings for $ 27.2 million. The purchase price was based on the average closing price of the last five business days prior to the transaction. The shares were subsequently retired and returned to an authori... | text | 1576169 | sharesItemType | text: <entity> 1576169 </entity> <entity type> sharesItemType </entity type> <context> On February 14, 2022, the Company repurchased 1,576,169 Class A and 1,475 Class B common shares held by Persol Holdings for $ 27.2 million. The purchase price was based on the average closing price of the last five business days pri... | us-gaap:StockRepurchasedDuringPeriodShares |
On February 14, 2022, the Company repurchased 1,576,169 Class A and 1,475 Class B common shares held by Persol Holdings for $ 27.2 million. The purchase price was based on the average closing price of the last five business days prior to the transaction. The shares were subsequently retired and returned to an authori... | text | 1475 | sharesItemType | text: <entity> 1475 </entity> <entity type> sharesItemType </entity type> <context> On February 14, 2022, the Company repurchased 1,576,169 Class A and 1,475 Class B common shares held by Persol Holdings for $ 27.2 million. The purchase price was based on the average closing price of the last five business days prior ... | us-gaap:StockRepurchasedDuringPeriodShares |
On February 14, 2022, the Company repurchased 1,576,169 Class A and 1,475 Class B common shares held by Persol Holdings for $ 27.2 million. The purchase price was based on the average closing price of the last five business days prior to the transaction. The shares were subsequently retired and returned to an authori... | text | 27.2 | monetaryItemType | text: <entity> 27.2 </entity> <entity type> monetaryItemType </entity type> <context> On February 14, 2022, the Company repurchased 1,576,169 Class A and 1,475 Class B common shares held by Persol Holdings for $ 27.2 million. The purchase price was based on the average closing price of the last five business days prio... | us-gaap:StockRepurchasedAndRetiredDuringPeriodValue |
On February 15, 2022, Kelly Services Japan, Inc. sold the investment in the common stock of Persol Holdings in an open-market transaction for proceeds of $ 196.9 million, net of transaction fees. The $ 67.2 million loss in the first quarter of 2022 recorded in loss on investment in Persol Holdings in the consolidated ... | text | 196.9 | monetaryItemType | text: <entity> 196.9 </entity> <entity type> monetaryItemType </entity type> <context> On February 15, 2022, Kelly Services Japan, Inc. sold the investment in the common stock of Persol Holdings in an open-market transaction for proceeds of $ 196.9 million, net of transaction fees. The $ 67.2 million loss in the first... | us-gaap:ProceedsFromSaleOfEquitySecuritiesFvNi |
On February 15, 2022, Kelly Services Japan, Inc. sold the investment in the common stock of Persol Holdings in an open-market transaction for proceeds of $ 196.9 million, net of transaction fees. The $ 67.2 million loss in the first quarter of 2022 recorded in loss on investment in Persol Holdings in the consolidated ... | text | 67.2 | monetaryItemType | text: <entity> 67.2 </entity> <entity type> monetaryItemType </entity type> <context> On February 15, 2022, Kelly Services Japan, Inc. sold the investment in the common stock of Persol Holdings in an open-market transaction for proceeds of $ 196.9 million, net of transaction fees. The $ 67.2 million loss in the first ... | us-gaap:GainLossOnInvestments |
On February 15, 2022, Kelly Services Japan, Inc. sold the investment in the common stock of Persol Holdings in an open-market transaction for proceeds of $ 196.9 million, net of transaction fees. The $ 67.2 million loss in the first quarter of 2022 recorded in loss on investment in Persol Holdings in the consolidated ... | text | 52.4 | monetaryItemType | text: <entity> 52.4 </entity> <entity type> monetaryItemType </entity type> <context> On February 15, 2022, Kelly Services Japan, Inc. sold the investment in the common stock of Persol Holdings in an open-market transaction for proceeds of $ 196.9 million, net of transaction fees. The $ 67.2 million loss in the first ... | us-gaap:EquitySecuritiesFvNiGainLoss |
On February 15, 2022, Kelly Services Japan, Inc. sold the investment in the common stock of Persol Holdings in an open-market transaction for proceeds of $ 196.9 million, net of transaction fees. The $ 67.2 million loss in the first quarter of 2022 recorded in loss on investment in Persol Holdings in the consolidated ... | text | 14.8 | monetaryItemType | text: <entity> 14.8 </entity> <entity type> monetaryItemType </entity type> <context> On February 15, 2022, Kelly Services Japan, Inc. sold the investment in the common stock of Persol Holdings in an open-market transaction for proceeds of $ 196.9 million, net of transaction fees. The $ 67.2 million loss in the first ... | us-gaap:EquitySecuritiesFvNiGainLoss |
Subsequent to the transaction discussed above, the Company commenced the dissolution process of its Kelly Services Japan, Inc. subsidiary, which was considered substantially liquidated as of first quarter-end 2022. As a result, the Company recognized a $ 20.4 million cumulative translation adjustment loss in the first... | text | 5.5 | monetaryItemType | text: <entity> 5.5 </entity> <entity type> monetaryItemType </entity type> <context> Subsequent to the transaction discussed above, the Company commenced the dissolution process of its Kelly Services Japan, Inc. subsidiary, which was considered substantially liquidated as of first quarter-end 2022. As a result, the Co... | us-gaap:ForeignCurrencyTransactionGainLossUnrealized |
Prior to February 2022, the Company had a 49 % ownership interest in the JV (see Investment in Persol Holdings footnote above), a staffing services business operating in ten geographies in the Asia-Pacific region. On February 14, 2022, the Company entered into an agreement to sell 95 % of the Company's shares in the J... | text | 49 | percentItemType | text: <entity> 49 </entity> <entity type> percentItemType </entity type> <context> Prior to February 2022, the Company had a 49 % ownership interest in the JV (see Investment in Persol Holdings footnote above), a staffing services business operating in ten geographies in the Asia-Pacific region. On February 14, 2022, ... | us-gaap:EquityMethodInvestmentOwnershipPercentage |
Prior to February 2022, the Company had a 49 % ownership interest in the JV (see Investment in Persol Holdings footnote above), a staffing services business operating in ten geographies in the Asia-Pacific region. On February 14, 2022, the Company entered into an agreement to sell 95 % of the Company's shares in the J... | text | 119.5 | monetaryItemType | text: <entity> 119.5 </entity> <entity type> monetaryItemType </entity type> <context> Prior to February 2022, the Company had a 49 % ownership interest in the JV (see Investment in Persol Holdings footnote above), a staffing services business operating in ten geographies in the Asia-Pacific region. On February 14, 20... | us-gaap:ProceedsFromSaleOfEquityMethodInvestments |
Prior to February 2022, the Company had a 49 % ownership interest in the JV (see Investment in Persol Holdings footnote above), a staffing services business operating in ten geographies in the Asia-Pacific region. On February 14, 2022, the Company entered into an agreement to sell 95 % of the Company's shares in the J... | text | 117.6 | monetaryItemType | text: <entity> 117.6 </entity> <entity type> monetaryItemType </entity type> <context> Prior to February 2022, the Company had a 49 % ownership interest in the JV (see Investment in Persol Holdings footnote above), a staffing services business operating in ten geographies in the Asia-Pacific region. On February 14, 20... | us-gaap:EquityMethodInvestmentSoldCarryingAmount |
Prior to February 2022, the Company had a 49 % ownership interest in the JV (see Investment in Persol Holdings footnote above), a staffing services business operating in ten geographies in the Asia-Pacific region. On February 14, 2022, the Company entered into an agreement to sell 95 % of the Company's shares in the J... | text | 1.9 | monetaryItemType | text: <entity> 1.9 </entity> <entity type> monetaryItemType </entity type> <context> Prior to February 2022, the Company had a 49 % ownership interest in the JV (see Investment in Persol Holdings footnote above), a staffing services business operating in ten geographies in the Asia-Pacific region. On February 14, 2022... | us-gaap:ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent |
Prior to February 2022, the Company had a 49 % ownership interest in the JV (see Investment in Persol Holdings footnote above), a staffing services business operating in ten geographies in the Asia-Pacific region. On February 14, 2022, the Company entered into an agreement to sell 95 % of the Company's shares in the J... | text | 1.9 | monetaryItemType | text: <entity> 1.9 </entity> <entity type> monetaryItemType </entity type> <context> Prior to February 2022, the Company had a 49 % ownership interest in the JV (see Investment in Persol Holdings footnote above), a staffing services business operating in ten geographies in the Asia-Pacific region. On February 14, 2022... | us-gaap:EquityMethodInvestmentRealizedGainLossOnDisposal |
The operating results of the Company’s interest in the JV were accounted for on a one-quarter lag under the equity method and were reported in equity in net earnings of affiliate in the consolidated statements of earnings through the date of the sale. Such amounts were earnings of $ 0.8 million in the first quarter of... | text | 0.8 | monetaryItemType | text: <entity> 0.8 </entity> <entity type> monetaryItemType </entity type> <context> The operating results of the Company’s interest in the JV were accounted for on a one-quarter lag under the equity method and were reported in equity in net earnings of affiliate in the consolidated statements of earnings through the d... | us-gaap:IncomeLossFromEquityMethodInvestments |
Money market funds represent investments in money market funds that hold government securities, of which $ 6.4 million as of year-end 2024 and $ 8.0 million as of year-end 2023 are restricted as to use and are included in other assets in the consolidated balance sheet. The money market funds that are restricted as to ... | text | 6.4 | monetaryItemType | text: <entity> 6.4 </entity> <entity type> monetaryItemType </entity type> <context> Money market funds represent investments in money market funds that hold government securities, of which $ 6.4 million as of year-end 2024 and $ 8.0 million as of year-end 2023 are restricted as to use and are included in other assets ... | us-gaap:MoneyMarketFundsAtCarryingValue |
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