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EMPLOYEE DEFERRED SAVINGS PLAN
12 Months Ended
Dec. 31, 2023
Retirement Benefits [Abstract]  
EMPLOYEE DEFERRED SAVINGS PLAN EMPLOYEE DEFERRED SAVINGS PLAN
The Company has a deferred savings plan which qualifies under Section 401(k) of the Internal Revenue Code. Substantially all of the Company’s U.S. employees are covered by the plan. The Company makes matching contributions of 50% of each employee’s contribution with the employer’s contribution not to exceed 4% of the employee’s compensation.
The Company’s recorded contributions to the plan are as follows:
Years Ended December 31,
(in millions)202320222021
Deferred savings plan contributions$10.0 $9.0 $8.4