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Schedule II - Valuation and Qualifying Accounts
 12 Months Ended
Dec. 31, 2024
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
DeductionsBalance at
End
of Year
(in millions)
Year Ended December 31, 2024
Reserve for rebates, chargebacks and wholesaler fees
$157.7 $587.8 $— $(573.8)$171.7 
Deferred tax valuation allowance$202.9 $5.1 $— $(184.1)$23.9 
Year Ended December 31, 2023
Reserve for rebates, chargebacks and wholesaler fees
$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, chargebacks and wholesaler fees
$34.1 $247.1 $— $(203.9)$77.3 
Deferred tax valuation allowance(1)
$182.4 $72.5 $37.8 $(69.9)$222.8 
(1) Other 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.