Cover
Cover | 12 Months Ended |
Dec. 31, 2022 | |
Document Information [Line Items] | |
Document Type | DEF 14A |
Amendment Flag | false |
Entity Information [Line Items] | |
Entity Registrant Name | DOVER Corp |
Entity Central Index Key | 0000029905 |
Pay vs Performance Disclosure
Pay vs Performance Disclosure | 12 Months Ended | ||
Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | Dec. 31, 2020 USD ($) | |
Pay vs Performance Disclosure [Table] | |||
Pay vs Performance [Table Text Block] | Pay versus Performance The following table shows the total compensation for our NEOs for the past three fiscal years as set forth in the Summary Compensation Table, the “ compensation actually S-K), Industrials For purposes of the Pay Versus Performance Table, Richard Tobin is the only principal executive officer represented. For fiscal 2022 and 2021, Messrs. Cerepak and Juneja and Mses. Cabrera and Bors are the other named executive officers reflected in the Pay versus Performance Table. For fiscal 2020, Messrs. Cerepak and Juneja, and Malinas and Ms. Cabrera are the other na med exec Pay versus Performance Table Year Summary Compensation Table Total ($) Compensation Actually Paid Average Non-PEO Average Compensation Actually Paid to Non-PEO Value of $100 Investment Net Income Adjusted Total Peer Group 2022 14,143,252 (13,748,922 ) 2,364,424 (619,414 ) 123 127 1,065 1,213 2021 14,085,860 56,156,068 2,449,002 6,425,459 163 135 1,124 1,109 2020 11,982,338 9,059,384 2,443,822 2,590,438 112 111 683 824 (1) The table below provides the adjustments required by Item 402(v) to be made to the Summary Compensation Table totals to determine “compensation actually paid” as reported in the Pay versus Performance Table. “Compensation actually paid” does not necessarily represent cash and/or equity value transferred to the applicable NEO without restriction, but rather is a value calculated under applicable SEC rules. 2020 2021 2022 PEO ($) Avg. Other NEOs PEO ($) Avg. Other NEOs PEO ($) Avg. Other NEOs Deduction for amounts reported in the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table (8,698,666 ) (1,019,375 ) (9,388,609 ) (1,092,135 ) (10,414,752 ) (1,274,395 ) Increase in fair value of awards granted during applicable fiscal year that remain unvested as of applicable fiscal year end 9,339,279 1,094,445 20,394,184 2,372,348 7,113,700 870,461 Change in fair value of awards granted during prior fiscal year that were outstanding and unvested as of applicable fiscal year end 4,438,218 418,328 20,486,457 2,192,026 (13,168,694 ) (1,541,476 ) Change in fair value of awards granted during prior fiscal year that vested during applicable fiscal year (8,001,785 ) (137,024 ) 10,578,176 417,286 (11,422,428 ) (1,164,392 ) Reduction for values reported in the “Change in Pension Value and Nonqualified Deferred Compensation Earnings” column of the Summary Compensation Table — (324,462 ) — (45,668 ) — — Increase for Service Cost and, if applicable, Prior Service Cost for pension plans — 114,705 — 132,600 — 125,964 Total adjustments (2,922,954 ) 146,616 42,070,208 3,976,457 (27,892,174 ) (2,983,839 ) (2) Definitions and reconciliations of non-GAAP | ||
Company Selected Measure Name | AdjustedEarnings | ||
Named Executive Officers, Footnote [Text Block] | For purposes of the Pay Versus Performance Table, Richard Tobin is the only principal executive officer represented. For fiscal 2022 and 2021, Messrs. Cerepak and Juneja and Mses. Cabrera and Bors are the other named executive officers reflected in the Pay versus Performance Table. For fiscal 2020, Messrs. Cerepak and Juneja, and Malinas and Ms. Cabrera are the other na med exec | ||
PEO Total Compensation Amount | $ 14,143,252 | $ 14,085,860 | $ 11,982,338 |
PEO Actually Paid Compensation Amount | $ (13,748,922) | 56,156,068 | 9,059,384 |
Adjustment To PEO Compensation, Footnote [Text Block] | The table below provides the adjustments required by Item 402(v) to be made to the Summary Compensation Table totals to determine “compensation actually paid” as reported in the Pay versus Performance Table. “Compensation actually paid” does not necessarily represent cash and/or equity value transferred to the applicable NEO without restriction, but rather is a value calculated under applicable SEC rules. 2020 2021 2022 PEO ($) Avg. Other NEOs PEO ($) Avg. Other NEOs PEO ($) Avg. Other NEOs Deduction for amounts reported in the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table (8,698,666 ) (1,019,375 ) (9,388,609 ) (1,092,135 ) (10,414,752 ) (1,274,395 ) Increase in fair value of awards granted during applicable fiscal year that remain unvested as of applicable fiscal year end 9,339,279 1,094,445 20,394,184 2,372,348 7,113,700 870,461 Change in fair value of awards granted during prior fiscal year that were outstanding and unvested as of applicable fiscal year end 4,438,218 418,328 20,486,457 2,192,026 (13,168,694 ) (1,541,476 ) Change in fair value of awards granted during prior fiscal year that vested during applicable fiscal year (8,001,785 ) (137,024 ) 10,578,176 417,286 (11,422,428 ) (1,164,392 ) Reduction for values reported in the “Change in Pension Value and Nonqualified Deferred Compensation Earnings” column of the Summary Compensation Table — (324,462 ) — (45,668 ) — — Increase for Service Cost and, if applicable, Prior Service Cost for pension plans — 114,705 — 132,600 — 125,964 Total adjustments (2,922,954 ) 146,616 42,070,208 3,976,457 (27,892,174 ) (2,983,839 ) | ||
Non-PEO NEO Average Total Compensation Amount | $ 2,364,424 | 2,449,002 | 2,443,822 |
Non-PEO NEO Average Compensation Actually Paid Amount | $ (619,414) | 6,425,459 | 2,590,438 |
Adjustment to Non-PEO NEO Compensation Footnote [Text Block] | The table below provides the adjustments required by Item 402(v) to be made to the Summary Compensation Table totals to determine “compensation actually paid” as reported in the Pay versus Performance Table. “Compensation actually paid” does not necessarily represent cash and/or equity value transferred to the applicable NEO without restriction, but rather is a value calculated under applicable SEC rules. 2020 2021 2022 PEO ($) Avg. Other NEOs PEO ($) Avg. Other NEOs PEO ($) Avg. Other NEOs Deduction for amounts reported in the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table (8,698,666 ) (1,019,375 ) (9,388,609 ) (1,092,135 ) (10,414,752 ) (1,274,395 ) Increase in fair value of awards granted during applicable fiscal year that remain unvested as of applicable fiscal year end 9,339,279 1,094,445 20,394,184 2,372,348 7,113,700 870,461 Change in fair value of awards granted during prior fiscal year that were outstanding and unvested as of applicable fiscal year end 4,438,218 418,328 20,486,457 2,192,026 (13,168,694 ) (1,541,476 ) Change in fair value of awards granted during prior fiscal year that vested during applicable fiscal year (8,001,785 ) (137,024 ) 10,578,176 417,286 (11,422,428 ) (1,164,392 ) Reduction for values reported in the “Change in Pension Value and Nonqualified Deferred Compensation Earnings” column of the Summary Compensation Table — (324,462 ) — (45,668 ) — — Increase for Service Cost and, if applicable, Prior Service Cost for pension plans — 114,705 — 132,600 — 125,964 Total adjustments (2,922,954 ) 146,616 42,070,208 3,976,457 (27,892,174 ) (2,983,839 ) | ||
Compensation Actually Paid vs. Total Shareholder Return [Text Block] | |||
Compensation Actually Paid vs. Net Income [Text Block] | |||
Compensation Actually Paid vs. Company Selected Measure [Text Block] | |||
Tabular List [Table Text Block] | 2022 Most Important Performance Measure In addition to TSR, which is already included in the PVP table, we believe the following mea Adjusted Earnings | ||
Total Shareholder Return Amount | $ 123 | 163 | 112 |
Peer Group Total Shareholder Return Amount | 127 | 135 | 111 |
Net Income (Loss) | $ 1,065 | $ 1,124 | $ 683 |
Company Selected Measure Amount | 1,213 | 1,109 | 824 |
PEO Name | Richard Tobin | ||
Measure [Axis]: 1 | |||
Pay vs Performance Disclosure [Table] | |||
Measure Name | Adjusted Earnings | ||
Non-GAAP Measure Description [Text Block] | Definitions and reconciliations of non-GAAP | ||
PEO [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | $ (27,892,174) | $ 42,070,208 | $ (2,922,954) |
PEO [Member] | Change In Fair Value Of Outstanding And Unvested Awards Granted In Prior Fiscal Years [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | (13,168,694) | 20,486,457 | 4,438,218 |
PEO [Member] | Change In Fair Value As Of Vesting Date Of Prior Year Awards Vested During Current Year [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | (11,422,428) | 10,578,176 | (8,001,785) |
PEO [Member] | Stock Awards and Option Awards [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | (10,414,752) | (9,388,609) | (8,698,666) |
PEO [Member] | Increase in Fair Value of Awards Granted During Applicable Fiscal Year That Remain Unvested as of Applicable Fiscal year end [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | 7,113,700 | 20,394,184 | 9,339,279 |
Non-PEO NEO [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | (2,983,839) | 3,976,457 | 146,616 |
Non-PEO NEO [Member] | Pension Adjustments Prior Service Cost [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | 125,964 | 132,600 | 114,705 |
Non-PEO NEO [Member] | Change In Fair Value Of Outstanding And Unvested Awards Granted In Prior Fiscal Years [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | (1,541,476) | 2,192,026 | 418,328 |
Non-PEO NEO [Member] | Change In Fair Value As Of Vesting Date Of Prior Year Awards Vested During Current Year [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | (1,164,392) | 417,286 | (137,024) |
Non-PEO NEO [Member] | Stock Awards and Option Awards [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | (1,274,395) | (1,092,135) | (1,019,375) |
Non-PEO NEO [Member] | Increase in Fair Value of Awards Granted During Applicable Fiscal Year That Remain Unvested as of Applicable Fiscal year end [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | $ 870,461 | 2,372,348 | 1,094,445 |
Non-PEO NEO [Member] | Change in Pension Value and Nonqualified Deferred Compensation Earnings [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | $ (45,668) | $ (324,462) |