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Schedule II - Valuation and Qualifying Accounts
 12 Months Ended
Dec. 31, 2023
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]  
Schedule II - Valuation and Qualifying Accounts
SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS
The following table sets forth activities in the Company’s valuation allowance accounts:
DescriptionBalance at
Beginning of
Year		Additions Charged 
to Costs and
Expenses
Other(1)
DeductionsBalance at
End
of Year
(in millions)
Year Ended December 31, 2023
Reserve for rebates$77.3 $465.5 $— $(385.1)$157.7 
Deferred tax valuation allowance$222.8 $73.5 $3.7 $(97.1)$202.9 
Year Ended December 31, 2022
Reserve for rebates$34.1 $247.1 $— $(203.9)$77.3 
Deferred tax valuation allowance$182.4 $72.5 $37.8 $(69.9)$222.8 
Year Ended December 31, 2021
Reserve for rebates$16.9 $143.3 $— $(126.1)$34.1 
Deferred tax valuation allowance$143.4 $77.4 $— $(38.4)$182.4 
(1) Represents the increase in deferred tax valuation allowance resulting from the adoption of ASU 2020-06, Debt — Debt with Conversations and Other Options (Subtopic 470-20) and Derivatives and Hedging — Contracts in Entity's Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity's Own Equity. Refer to Note 2 to the consolidated financial statements included in Item 8 for additional information.