SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Dec. 31, 2022

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

SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS

SCHEDULE II

VALUATION AND QUALIFYING ACCOUNTS

Allowance for Doubtful Accounts


(In thousands)
Description	Balance at Beginning of Period		Charges to Costs, Expenses and Other		Write-off of Accounts Receivable		Other (1)		Balance at End of Period
Year ended December 31, 2020	$	12,629	$	38,273	$	(12,738)	$	613	$	38,777
Year ended December 31, 2021	$	38,777	$	4,144	$	(13,846)	$	195	$	29,270
Year ended December 31, 2022	$	29,270	$	14,236	$	(14,322)	$	(13)	$	29,171

(1)Primarily foreign currency adjustments and acquisition and/or divestiture activity.

Deferred Tax Asset Valuation Allowance


(In thousands)
Description	Balance at Beginning of Period		Charges to Costs, Expenses and Other (1)		Reversal (2)		Adjustments(3)		Balance at End of Period
Year ended December 31, 2020	$	720,622	$	3,047	$	(444)	$	1,094,866	$	1,818,091
Year ended December 31, 2021	$	1,818,091	$	62,265	$	(28,707)	$	2,494	$	1,854,143
Year ended December 31, 2022	$	1,854,143	$	49,234	$	(4,209)	$	2,023	$	1,901,191

(1)During 2022, 2021, and 2020 the Company recorded a valuation allowance of $49.2 million, $62.3 million and $3.0 million, respectively, on a portion of its deferred tax assets attributable to federal and state net operating loss carryforwards and Sec. 163(j) disallowed interest carryforwards due to the uncertainty of the ability to utilize those assets in future periods.

(2)During 2021, the Company reversed valuation allowances of $28.7 million related to net operating loss carryforwards and capital loss carryforwards that were utilized as a result of taxable income and capital gains recognized during the period.

(3)During 2020, the Company adjusted the carrying amount of its federal and state capital loss carryforwards due to the filing of its 2019 income tax returns during the quarter ending December 31, 2020. As a result of the increase in the capital loss carryforwards shown on the final tax filings, the Company increased the valuation allowances by $1.1 billion to fully offset those assets as they are not expected to be utilized in future periods.