XML 132 R117.htm IDEA: XBRL DOCUMENT v3.24.0.1
Schedule II - Valuation and Qualifying Accounts (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
SEC Schedule, 12-09, Allowance, Credit Loss [Member]      
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]      
Valuation allowances and reserves, balance [1] $ 9.3 $ 2.2 $ 4.5
Additions, charged to costs and expenses [1] 4.4 10.1 7.8
Acquisitions and other [1],[2] 0.0 1.0 0.0
Deductions [1] 8.4 4.0 10.1
Valuation allowances and reserves, balance [1] 5.3 9.3 2.2
SEC Schedule, 12-09, Valuation Allowance, Deferred Tax Asset [Member]      
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]      
Valuation allowances and reserves, balance [3] 217.5 201.7 208.0
Additions, charged to costs and expenses [3] 54.5 9.5 2.7
Acquisitions and other [2],[3] 0.0 7.8 0.0
Deductions [3] 4.9 1.5 9.0
Valuation allowances and reserves, balance [3] 267.1 217.5 201.7
SEC Schedule, 12-09, Reserve, Inventory [Member]      
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]      
Valuation allowances and reserves, balance [4] 27.5 18.6 23.4
Additions, charged to costs and expenses [4] 22.1 35.7 17.7
Acquisitions and other [2],[4] 0.0 4.9 0.0
Deductions [4] 17.5 31.7 22.5
Valuation allowances and reserves, balance [4] $ 32.1 $ 27.5 $ 18.6
[1] Uncollectible accounts charged off, net of recoveries.
[2] Amounts represent reserves recognized in conjunction with our acquisition of Tekfor in 2022.
[3] Primarily reflects an increase in valuation allowance related to certain U.S. federal tax attributes, as well as new net operating losses established with a corresponding valuation allowance at certain foreign locations, partially offset by adjustments to previously established valuation allowances and foreign currency translation.
[4] Primarily relates to write-offs of excess and obsolete inventories, as well as adjustments for physical quantity discrepancies.