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

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, 2021	$	38,777	$	4,144	$	(13,846)	$	195	$	29,270
Year ended December 31, 2022	$	29,270	$	14,236	$	(14,322)	$	(13)	$	29,171
Year ended December 31, 2023	$	29,171	$	29,488	$	(20,613)	$	9	$	38,055

(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, 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
Year ended December 31, 2023	$	1,901,191	$	114,061	$	(59,249)	$	230	$	1,956,233

(1)During 2023, 2022, and 2021 the Company recorded a valuation allowance of $114.1 million, $49.2 million and $62.3 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 2023 the Company reversed valuation allowances of $59.2 million related to 2022 state tax return true ups and capital loss carryforwards that were utilized as a result of capital gains during the period. 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.