2024 Q1 Form 10-K Financial Statement

#000176404624000016 Filed on February 27, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $621.2M $683.7M $2.629B
YoY Change -1.26% 1.24% -1.17%
Cost Of Revenue $217.8M $231.6M $906.4M
YoY Change -5.18% -2.28% -4.99%
Gross Profit $403.4M $452.1M $1.722B
YoY Change 1.0% 3.15% 0.97%
Gross Profit Margin 64.94% 66.13% 65.52%
Selling, General & Admin $191.9M $183.5M $739.7M
YoY Change -1.49% -9.56% 1.34%
% of Gross Profit 47.57% 40.59% 42.95%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $179.4M $180.8M $708.3M
YoY Change 3.94% -4.24% -0.31%
% of Gross Profit 44.47% 39.99% 41.12%
Operating Expenses $191.9M $360.4M $739.7M
YoY Change -1.49% 248.89% 1.34%
Operating Profit $5.000M $91.70M -$734.7M
YoY Change -90.84% -72.63% -81.28%
Interest Expense -$70.20M -$97.30M $293.7M
YoY Change -195.38% -4.04% 8.66%
% of Operating Profit -1404.0% -106.11%
Other Income/Expense, Net
YoY Change
Pretax Income -$60.00M -$861.9M -$1.013B
YoY Change 198.51% -450.94% -74.62%
Income Tax $15.00M -$18.00M -$101.3M
% Of Pretax Income
Net Earnings -$75.00M -$863.0M -$911.2M
YoY Change -272.41% -383.6% -76.99%
Net Earnings / Revenue -12.07% -126.22% -34.66%
Basic Earnings Per Share -$0.14 -$1.47
Diluted Earnings Per Share -$0.14 -$1.30 -$1.47
COMMON SHARES
Basic Shares Outstanding 666.3M shares 663.9M shares 671.6M shares
Diluted Shares Outstanding 666.9M shares 671.6M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $361.8M $357.8M $357.8M
YoY Change -0.66% 2.58% 2.58%
Cash & Equivalents $361.8M $370.7M $357.8M
Short-Term Investments
Other Short-Term Assets $67.90M $68.00M $196.1M
YoY Change -46.54% -11.57% 12.51%
Inventory
Prepaid Expenses $100.0M $88.50M
Receivables $822.9M $908.3M $908.3M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.391B $1.462B $1.462B
YoY Change -4.17% 4.8% 4.8%
LONG-TERM ASSETS
Property, Plant & Equipment $101.2M $106.8M $106.8M
YoY Change -8.99% -5.82% -5.82%
Goodwill $2.023B $2.024B
YoY Change -30.02% -29.65%
Intangibles $8.874B $9.007B
YoY Change -5.56% -4.57%
Long-Term Investments
YoY Change
Other Assets $68.50M $60.80M $107.5M
YoY Change 7.2% -37.9% -11.96%
Total Long-Term Assets $11.11B $11.24B $11.24B
YoY Change -11.0% -10.4% -10.4%
TOTAL ASSETS
Total Short-Term Assets $1.391B $1.462B $1.462B
Total Long-Term Assets $11.11B $11.24B $11.24B
Total Assets $12.50B $12.71B $12.71B
YoY Change -10.29% -8.88% -8.88%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $102.7M $144.1M $144.1M
YoY Change 0.98% 42.11% 42.11%
Accrued Expenses $452.5M $466.1M $466.1M
YoY Change -3.06% -8.59% -8.59%
Deferred Revenue $1.010B $983.1M
YoY Change -2.88% 3.76%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $22.70M
YoY Change 1963.64%
Total Short-Term Liabilities $1.615B $1.600B $1.600B
YoY Change 0.32% 2.58% 2.58%
LONG-TERM LIABILITIES
Long-Term Debt $4.638B $4.721B $4.721B
YoY Change -5.05% -5.67% -5.67%
Other Long-Term Liabilities $41.70M $41.90M $143.8M
YoY Change 4.25% -64.82% -42.82%
Total Long-Term Liabilities $41.70M $41.90M $4.865B
YoY Change 4.25% -64.82% -7.45%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.615B $1.600B $1.600B
Total Long-Term Liabilities $41.70M $41.90M $4.865B
Total Liabilities $6.616B $6.715B $6.715B
YoY Change -5.21% -5.86% -5.86%
SHAREHOLDERS EQUITY
Retained Earnings -$6.739B -$6.646B
YoY Change 19.61% 17.43%
Common Stock $11.75B $11.74B
YoY Change -0.26% -0.04%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.888B $5.992B $5.992B
YoY Change
Total Liabilities & Shareholders Equity $12.50B $12.71B $12.71B
YoY Change -10.29% -8.88% -8.88%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$75.00M -$863.0M -$911.2M
YoY Change -272.41% -383.6% -76.99%
Depreciation, Depletion And Amortization $179.4M $180.8M $708.3M
YoY Change 3.94% -4.24% -0.31%
Cash From Operating Activities $176.2M $190.9M $744.2M
YoY Change -22.55% 39.44% 46.12%
INVESTING ACTIVITIES
Capital Expenditures $64.40M $67.00M $242.5M
YoY Change 8.6% 1.21% 19.52%
Acquisitions $0.00 $5.400M
YoY Change -100.0% -78.23%
Other Investing Activities $0.00 $10.50M
YoY Change -100.0% -96.32%
Cash From Investing Activities -$64.40M -$67.00M -$237.4M
YoY Change 6.62% -129.37% -514.31%
FINANCING ACTIVITIES
Cash Dividend Paid $18.90M $75.50M
YoY Change 0.0% 0.13%
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net $47.40M $300.0M
YoY Change -62.08% -6.69%
Cash From Financing Activities -$95.20M -174.3M -$496.5M
YoY Change -37.2% -64.55% -34.6%
NET CHANGE
Cash From Operating Activities $176.2M 190.9M $744.2M
Cash From Investing Activities -$64.40M -67.00M -$237.4M
Cash From Financing Activities -$95.20M -174.3M -$496.5M
Net Change In Cash $10.30M -50.40M $13.90M
YoY Change -41.14% -60.22% -106.02%
FREE CASH FLOW
Cash From Operating Activities $176.2M $190.9M $744.2M
Capital Expenditures $64.40M $67.00M $242.5M
Free Cash Flow $111.8M $123.9M $501.7M
YoY Change -33.53% 75.25% 63.74%

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<div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts in the Consolidated Financial Statements and accompanying notes. Actual results could differ from those estimates. The most significant of these estimates relate to the initial valuation of acquired long-lived and intangible assets and goodwill, subsequent impairment analyses, and income taxes. Management evaluates these estimates, assumptions, and judgments on an ongoing basis by reference to historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.</span></div>
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AccountsReceivableNetCurrent
908300000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
872100000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
27100000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
24900000 usd
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
23900000 usd
CY2023 clvt Accounts Receivable Allowance For Credit Loss Additional Provisions
AccountsReceivableAllowanceForCreditLossAdditionalProvisions
7000000.0 usd
CY2022 clvt Accounts Receivable Allowance For Credit Loss Additional Provisions
AccountsReceivableAllowanceForCreditLossAdditionalProvisions
10900000 usd
CY2021 clvt Accounts Receivable Allowance For Credit Loss Additional Provisions
AccountsReceivableAllowanceForCreditLossAdditionalProvisions
9200000 usd
CY2023 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
9300000 usd
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
7800000 usd
CY2021 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
8000000.0 usd
CY2023 clvt Accounts Receivable Allowance For Credit Loss Increase Decrease From Exchange Differences
AccountsReceivableAllowanceForCreditLossIncreaseDecreaseFromExchangeDifferences
1800000 usd
CY2022 clvt Accounts Receivable Allowance For Credit Loss Increase Decrease From Exchange Differences
AccountsReceivableAllowanceForCreditLossIncreaseDecreaseFromExchangeDifferences
-900000 usd
CY2021 clvt Accounts Receivable Allowance For Credit Loss Increase Decrease From Exchange Differences
AccountsReceivableAllowanceForCreditLossIncreaseDecreaseFromExchangeDifferences
-200000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
26600000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
27100000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
24900000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
8000000.0 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
8000000.0 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
125200000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
110300000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
73600000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
55800000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
51600000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
54500000 usd
CY2023 us-gaap Depreciation
Depreciation
23200000 usd
CY2022 us-gaap Depreciation
Depreciation
35200000 usd
CY2021 us-gaap Depreciation
Depreciation
14000000.0 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
11605000000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2755300000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
8849700000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
11343900000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2063100000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
9280800000 usd
CY2023Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
11761900000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2755300000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
9006600000 usd
CY2022Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
11500800000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2063100000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
9437700000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
685100000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
675300000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
523800000 usd
CY2023 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P17Y
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
678100000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
650800000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
613500000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
582100000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
552000000.0 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
5755500000 usd
CY2023Q4 clvt Subtotal Finite Lived Intangible Assets
SubtotalFiniteLivedIntangibleAssets
8832000000 usd
CY2023Q4 clvt Internally Developed Software Project In Process
InternallyDevelopedSoftwareProjectInProcess
17700000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
8849700000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
7904900000 usd
CY2022 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
5000000.0 usd
CY2022 us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
42800000 usd
CY2022 clvt Goodwill Impairment Loss Excluding Cta Impact
GoodwillImpairmentLossExcludingCTAImpact
4407900000 usd
CY2022 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-582700000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
2876500000 usd
CY2023 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
3000000.0 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
847700000 usd
CY2023 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-8100000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
2023700000 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
4449000000 usd
CY2022Q3 clvt Goodwill Impairment Loss Excluding Cta Impact
GoodwillImpairmentLossExcludingCTAImpact
4407900000 usd
CY2023 clvt Lessee Finance Lease Number Of Contracts
LesseeFinanceLeaseNumberOfContracts
1 contract
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
22400000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
27900000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
28800000 usd
CY2023 us-gaap Variable Lease Cost
VariableLeaseCost
5300000 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
2500000 usd
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
1400000 usd
CY2023 us-gaap Short Term Lease Cost
ShortTermLeaseCost
700000 usd
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
400000 usd
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
800000 usd
CY2023 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
500000 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
10800000 usd
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1300000 usd
CY2023 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
2100000 usd
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
1200000 usd
CY2021 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
100000 usd
CY2023 us-gaap Lease Cost
LeaseCost
31000000.0 usd
CY2022 us-gaap Lease Cost
LeaseCost
42800000 usd
CY2021 us-gaap Lease Cost
LeaseCost
32400000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
31900000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
87600000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
34700000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
30800000 usd
CY2023 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
2100000 usd
CY2022 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
1200000 usd
CY2021 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
100000 usd
CY2023 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1000000.0 usd
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1900000 usd
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
200000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
16200000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2600000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
13400000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
2400000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
29900000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P13Y
CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P14Y
CY2021Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.052
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.043
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.044
CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.069
CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.069
CY2021Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.038
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
28900000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
3200000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
21200000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
3300000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
15600000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
3400000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
11000000.0 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
3400000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
7700000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
3500000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
16400000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
29700000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
100800000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
46500000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
24400000 usd
CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
1200000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
63200000 usd
CY2023Q4 us-gaap Assets
Assets
12706800000 usd
CY2022Q4 clvt Non Current Assets Other Than Financial Instruments And Deferred Tax Assets
NonCurrentAssetsOtherThanFinancialInstrumentsAndDeferredTaxAssets
13954600000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
30300000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
13200000 usd
CY2023Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
16200000 usd
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
29100000 usd
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
666100000 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
666100000 shares
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
23100000 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
50300000 usd
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
2100000 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
400000 usd
CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.06936
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
30300000 usd
CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.06936
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
31300000 usd
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
4770300000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
5071300000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
48000000.0 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
65300000 usd
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
1200000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
1000000.0 usd
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
4721100000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
5005000000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
1200000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
1300000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
2898900000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
1700000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
923100000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
944100000 usd
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
4770300000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
48000000.0 usd
CY2023Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
4722300000 usd
CY2023Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
0 shares
CY2022Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
0 shares
CY2023 us-gaap Common Stock Voting Rights
CommonStockVotingRights
one
CY2021 us-gaap Stock Issued During Period Shares Treasury Stock Reissued
StockIssuedDuringPeriodSharesTreasuryStockReissued
5800000 shares
CY2021 clvt Treasury Stock Reissued Average Cost Per Share
TreasuryStockReissuedAverageCostPerShare
23.78
CY2021Q4 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
30.99
CY2022 us-gaap Stock Issued During Period Shares Treasury Stock Reissued
StockIssuedDuringPeriodSharesTreasuryStockReissued
500000 shares
CY2022 clvt Treasury Stock Reissued Average Cost Per Share
TreasuryStockReissuedAverageCostPerShare
10.72
CY2022Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
1000000000 usd
CY2022 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
10700000 shares
CY2022 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
16.33
CY2022 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
175000000.0 usd
CY2022 clvt Treasury Stock Retired Average Cost Per Share
TreasuryStockRetiredAverageCostPerShare
15.61
CY2022Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
1000000000 usd
CY2023Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
500000000.0 usd
CY2023 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
13800000 shares
CY2023 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
100000000.0 usd
CY2023 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
7.22
CY2023Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
400000000.0 usd
CY2021 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-168600000 usd
CY2021 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-2900000 usd
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-165700000 usd
CY2022 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-988500000 usd
CY2022 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
4100000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-992600000 usd
CY2023 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
208000000.0 usd
CY2023 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
37400000 usd
CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
170600000 usd
CY2019Q2 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
52800000 shares
CY2019Q2 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
11.50
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
60000000 shares
CY2023 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
108900000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
102200000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
139100000 usd
CY2023 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
8700000 usd
CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
8300000 usd
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
8500000 usd
CY2023Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
0 usd
CY2022Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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CY2023Q4 us-gaap Assets
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CY2023Q4 ecd Rule10b51 Arr Trmntd Flag
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false

Files In Submission

Name View Source Status
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