SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS AND RESERVES

12 Months Ended

Dec. 31, 2023

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Schedule II - Valuation and Qualifying Accounts and Reserves

SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS AND RESERVES

(in millions)



	Balance Beginning of Year		Charges to Earnings		Other (1)		Deductions (2)		Balance End of Year
Year ended December 31, 2023
Deducted from asset accounts:
Allowance for doubtful accounts - Current	$	9.4	$	(0.1)	$	0.2	$	(1.2)	$	8.3
Allowance for doubtful accounts - Non-current	0.3		—		—		—		0.3
Reserve for inventory	61.0		24.6		1.8		(16.9)		70.5
Valuation allowances for deferred tax assets	63.0		(9.1)		0.2		(1.4)		52.7
Totals	$	133.7	$	15.4	$	2.2	$	(19.5)	$	131.8
Year ended December 31, 2022
Deducted from asset accounts:
Allowance for doubtful accounts - Current	$	9.7	$	1.1	$	(0.4)	$	(1.0)	$	9.4
Allowance for doubtful accounts - Non-current	10.7		—		(0.6)		(9.8)		0.3
Reserve for inventory	57.8		21.6		(2.8)		(15.6)		61.0
Valuation allowances for deferred tax assets	100.0		(24.3)		(1.1)		(11.6)		63.0
Totals	$	178.2	$	(1.6)	$	(4.9)	$	(38.0)	$	133.7
Year ended December 31, 2021
Deducted from asset accounts:
Allowance for doubtful accounts - Current	$	9.5	$	2.5	$	(0.8)	$	(1.5)	$	9.7
Allowance for doubtful accounts - Non-current	11.5		—		(0.8)		—		10.7
Reserve for inventory	61.8		15.0		(2.9)		(16.1)		57.8
Valuation allowances for deferred tax assets	112.1		(12.0)		(0.1)		—		100.0
Totals	$	194.9	$	5.5	$	(4.6)	$	(17.6)	$	178.2

(1)Primarily represents the impact of foreign currency exchange, business divestitures and other amounts recorded to accumulated other comprehensive income (loss).

(2)Primarily represents the utilization of established reserves, net of recoveries.