2024 Q1 Form 10-K Financial Statement

#000002882324000025 Filed on March 08, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023 Q3
Revenue $895.4M $1.037B $591.8M
YoY Change 4.35% 7.02% -26.97%
Cost Of Revenue $686.8M $812.0M $462.2M
YoY Change 5.86% 8.08% -25.04%
Gross Profit $208.6M $224.8M $129.6M
YoY Change -0.33% 3.36% -33.13%
Gross Profit Margin 23.3% 21.68% 21.9%
Selling, General & Admin $161.6M $129.4M $81.10M
YoY Change -12.08% -29.56% -50.28%
% of Gross Profit 77.47% 57.56% 62.58%
Research & Development $24.20M $22.40M $12.00M
YoY Change -8.33% -21.68% -55.06%
% of Gross Profit 11.6% 9.96% 9.26%
Depreciation & Amortization $9.100M $38.00M $21.00M
YoY Change -22.22% 22.98% -29.77%
% of Gross Profit 4.36% 16.9% 16.2%
Operating Expenses $184.8M $151.8M $92.70M
YoY Change -12.58% -28.5% -50.77%
Operating Profit $23.80M $73.00M $36.90M
YoY Change -1233.33% 1303.85% 570.91%
Interest Expense $43.60M -$6.400M $42.90M
YoY Change -46.76% -88.85% -15.38%
% of Operating Profit 183.19% -8.77% 116.26%
Other Income/Expense, Net -$38.00M $0.00 -$77.00M
YoY Change -56.92% -100.0% 49.51%
Pretax Income -$14.20M $40.00M -$40.10M
YoY Change -84.27% -131.5% -12.83%
Income Tax -$3.100M -$1.500M -$13.20M
% Of Pretax Income -3.75%
Net Earnings -$14.60M $44.30M -$26.50M
YoY Change -86.86% -129.69% -46.79%
Net Earnings / Revenue -1.63% 4.27% -4.48%
Basic Earnings Per Share -$0.39 $26.83
Diluted Earnings Per Share -$0.39 $1.18 -$0.70
COMMON SHARES
Basic Shares Outstanding 37.57M shares 37.57M shares 80.04M shares
Diluted Shares Outstanding 37.60M shares 37.60M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $301.1M $563.6M $392.7M
YoY Change 14.49% 63.98% 174.62%
Cash & Equivalents $281.9M $550.2M $376.1M
Short-Term Investments $19.20M $13.40M $16.60M
Other Short-Term Assets $222.6M $192.6M $247.8M
YoY Change 1.41% -15.12% 10.18%
Inventory $636.1M $589.8M $666.2M
Prepaid Expenses $45.60M $44.00M $45.60M
Receivables $660.7M $721.8M $703.8M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.972B $2.154B $2.139B
YoY Change 9.02% 21.63% 27.52%
LONG-TERM ASSETS
Property, Plant & Equipment $153.1M $159.0M $159.0M
YoY Change 27.48% 31.73% 41.59%
Goodwill $606.2M $616.7M $596.7M
YoY Change -13.67% -12.19% -8.14%
Intangibles $858.1M $891.3M $884.1M
YoY Change 250.1% 246.0% 247.8%
Long-Term Investments $6.600M $6.500M $30.30M
YoY Change -10.81% -14.47% 320.83%
Other Assets $285.1M $164.5M $266.3M
YoY Change 13.18% -34.17% 6.65%
Total Long-Term Assets $1.971B $2.008B $2.040B
YoY Change 53.78% 55.17% 65.82%
TOTAL ASSETS
Total Short-Term Assets $1.972B $2.154B $2.139B
Total Long-Term Assets $1.971B $2.008B $2.040B
Total Assets $3.943B $4.162B $4.179B
YoY Change 27.58% 35.79% 43.72%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $536.6M $529.0M $461.0M
YoY Change -15.68% -13.51% -26.1%
Accrued Expenses $146.3M $199.7M $177.1M
YoY Change 20.02% 35.94% 52.41%
Deferred Revenue $381.5M $376.2M $421.0M
YoY Change -16.99%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $500.0K $4.000M $9.000M
YoY Change -99.4% -83.33% -99.63%
Total Short-Term Liabilities $1.418B $1.421B $1.407B
YoY Change -18.64% -11.46% -63.93%
LONG-TERM LIABILITIES
Long-Term Debt $1.110B $1.256B $1.257B
YoY Change -56.85% -51.43%
Other Long-Term Liabilities $86.00M $26.80M $124.3M
YoY Change -19.7% -89.08% 3.5%
Total Long-Term Liabilities $86.00M $26.80M $124.3M
YoY Change -19.7% -99.05% 3.5%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.418B $1.421B $1.407B
Total Long-Term Liabilities $86.00M $26.80M $124.3M
Total Liabilities $2.917B $3.083B $3.126B
YoY Change 57.69% -30.66% -22.27%
SHAREHOLDERS EQUITY
Retained Earnings $2.500M $17.10M $0.00
YoY Change -100.16% -101.22% -100.0%
Common Stock $1.041B $1.039B $1.039B
YoY Change 9.28% 9.23% 9.67%
Preferred Stock
YoY Change
Treasury Stock (at cost) $0.00
YoY Change -100.0%
Treasury Stock Shares
Shareholders Equity $1.013B $1.064B $1.039B
YoY Change
Total Liabilities & Shareholders Equity $3.943B $4.162B $4.179B
YoY Change 27.58% 35.79% 43.72%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income -$14.60M $44.30M -$26.50M
YoY Change -86.86% -129.69% -46.79%
Depreciation, Depletion And Amortization $9.100M $38.00M $21.00M
YoY Change -22.22% 22.98% -29.77%
Cash From Operating Activities -$23.50M $162.6M -$200.0K
YoY Change -75.5% 74.65% -99.88%
INVESTING ACTIVITIES
Capital Expenditures $6.700M $6.300M $7.400M
YoY Change 17.54% -40.57% -229.82%
Acquisitions
YoY Change
Other Investing Activities -$11.30M -$3.500M -$12.30M
YoY Change -382.5% -71.77% -204.24%
Cash From Investing Activities -$18.00M -$9.800M -$10.30M
YoY Change 958.82% -57.39% -268.85%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$158.0M -6.800M $2.800M
YoY Change -848.82% -105.85% -94.74%
NET CHANGE
Cash From Operating Activities -$23.50M 162.6M -$200.0K
Cash From Investing Activities -$18.00M -9.800M -$10.30M
Cash From Financing Activities -$158.0M -6.800M $2.800M
Net Change In Cash -$204.2M 146.0M -$12.60M
YoY Change 173.73% -21.67% -89.0%
FREE CASH FLOW
Cash From Operating Activities -$23.50M $162.6M -$200.0K
Capital Expenditures $6.700M $6.300M $7.400M
Free Cash Flow -$30.20M $156.3M -$7.600M
YoY Change -70.28% 89.45% -95.48%

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CY2022 dbd Amortization Of Acquired Intangible Assets
AmortizationOfAcquiredIntangibleAssets
69600000 usd
CY2021 dbd Amortization Of Acquired Intangible Assets
AmortizationOfAcquiredIntangibleAssets
78200000 usd
us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
900000 usd
us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
21800000 usd
CY2022 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
15500000 usd
CY2021 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
17300000 usd
dbd Noncash Reorganization Items
NoncashReorganizationItems
0 usd
dbd Noncash Reorganization Items
NoncashReorganizationItems
1747600000 usd
CY2022 dbd Noncash Reorganization Items
NoncashReorganizationItems
0 usd
CY2021 dbd Noncash Reorganization Items
NoncashReorganizationItems
0 usd
us-gaap Nondebtor Reorganization Items Net Gain Loss On Settlement Of Other Claims1
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0 usd
us-gaap Nondebtor Reorganization Items Net Gain Loss On Settlement Of Other Claims1
NondebtorReorganizationItemsNetGainLossOnSettlementOfOtherClaims1
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CY2022 us-gaap Nondebtor Reorganization Items Net Gain Loss On Settlement Of Other Claims1
NondebtorReorganizationItemsNetGainLossOnSettlementOfOtherClaims1
0 usd
CY2021 us-gaap Nondebtor Reorganization Items Net Gain Loss On Settlement Of Other Claims1
NondebtorReorganizationItemsNetGainLossOnSettlementOfOtherClaims1
0 usd
us-gaap Share Based Compensation
ShareBasedCompensation
100000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
5100000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
13400000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
13800000 usd
us-gaap Defined Benefit Plan Benefit Obligation Payment For Settlement
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us-gaap Defined Benefit Plan Benefit Obligation Payment For Settlement
DefinedBenefitPlanBenefitObligationPaymentForSettlement
0 usd
CY2022 us-gaap Defined Benefit Plan Benefit Obligation Payment For Settlement
DefinedBenefitPlanBenefitObligationPaymentForSettlement
-10100000 usd
CY2021 us-gaap Defined Benefit Plan Benefit Obligation Payment For Settlement
DefinedBenefitPlanBenefitObligationPaymentForSettlement
0 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
0 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
0 usd
CY2022 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-3100000 usd
CY2021 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
0 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
1000000.0 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-1200000 usd
CY2022 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
5100000 usd
CY2021 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-3100000 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
1200000 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
3300000 usd
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
111800000 usd
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
1300000 usd
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
43200000 usd
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-79800000 usd
CY2022 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-92900000 usd
CY2021 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
12600000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
101600000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-9900000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
49400000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-16400000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-150800000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
98100000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
74500000 usd
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
84800000 usd
dbd Increase Decrease In Sales Tax And Net Value Added Tax
IncreaseDecreaseInSalesTaxAndNetValueAddedTax
31900000 usd
dbd Increase Decrease In Sales Tax And Net Value Added Tax
IncreaseDecreaseInSalesTaxAndNetValueAddedTax
-38100000 usd
CY2022 dbd Increase Decrease In Sales Tax And Net Value Added Tax
IncreaseDecreaseInSalesTaxAndNetValueAddedTax
17500000 usd
CY2021 dbd Increase Decrease In Sales Tax And Net Value Added Tax
IncreaseDecreaseInSalesTaxAndNetValueAddedTax
-15200000 usd
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-16300000 usd
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
26000000.0 usd
CY2022 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-2000000.0 usd
CY2021 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
5300000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
75000000.0 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-140400000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-66500000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
241400000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-43200000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-51000000.0 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
140600000 usd
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-9100000 usd
us-gaap Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
-1000000.0 usd
us-gaap Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
33000000.0 usd
CY2022 us-gaap Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
-72500000 usd
CY2021 us-gaap Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
-19400000 usd
us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
-3800000 usd
us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
-30200000 usd
CY2022 us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
9400000 usd
CY2021 us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
-25400000 usd
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
3200000 usd
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
20900000 usd
CY2022 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-52500000 usd
CY2021 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
1700000 usd
dbd Increase Decrease In Warranty Reserve
IncreaseDecreaseInWarrantyReserve
800000 usd
dbd Increase Decrease In Warranty Reserve
IncreaseDecreaseInWarrantyReserve
-3400000 usd
CY2022 dbd Increase Decrease In Warranty Reserve
IncreaseDecreaseInWarrantyReserve
-7300000 usd
CY2021 dbd Increase Decrease In Warranty Reserve
IncreaseDecreaseInWarrantyReserve
300000 usd
us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
1900000 usd
us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
2000000.0 usd
CY2022 us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
-19500000 usd
CY2021 us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
-13000000.0 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
4000000.0 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-12600000 usd
CY2022 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-2700000 usd
CY2021 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
58200000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
162400000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-419400000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-387900000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
123300000 usd
us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
0 usd
us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
0 usd
CY2022 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
10500000 usd
CY2021 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
1100000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
129000000.0 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
153200000 usd
CY2022 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
414100000 usd
CY2021 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
287700000 usd
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
129500000 usd
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
141000000.0 usd
CY2022 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
401300000 usd
CY2021 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
288400000 usd
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
0 usd
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
0 usd
CY2022 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
6000000.0 usd
CY2021 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
1700000 usd
dbd Payments To Acquire Property Plant And Equipment Including Software
PaymentsToAcquirePropertyPlantAndEquipmentIncludingSoftware
9800000 usd
dbd Payments To Acquire Property Plant And Equipment Including Software
PaymentsToAcquirePropertyPlantAndEquipmentIncludingSoftware
15100000 usd
CY2022 dbd Payments To Acquire Property Plant And Equipment Including Software
PaymentsToAcquirePropertyPlantAndEquipmentIncludingSoftware
24400000 usd
CY2021 dbd Payments To Acquire Property Plant And Equipment Including Software
PaymentsToAcquirePropertyPlantAndEquipmentIncludingSoftware
20200000 usd
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
9800000 usd
CY2021 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
31100000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-20100000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-16000000.0 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-23800000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-49200000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
5100000 usd
CY2022 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
15700000 usd
CY2021 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0 usd
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0 usd
CY2022 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0 usd
CY2021 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 usd
CY2022 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
121000000.0 usd
CY2021 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
900000 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
188300000 usd
CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 usd
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 usd
dbd Proceeds From Dip Financing
ProceedsFromDIPFinancing
0 usd
dbd Proceeds From Dip Financing
ProceedsFromDIPFinancing
1250000000 usd
CY2022 dbd Proceeds From Dip Financing
ProceedsFromDIPFinancing
0 usd
CY2021 dbd Proceeds From Dip Financing
ProceedsFromDIPFinancing
0 usd
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
0 usd
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
58900000 usd
CY2022 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
0 usd
CY2021 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
0 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
0 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
58900000 usd
CY2022 us-gaap Repayments Of Debt
RepaymentsOfDebt
0 usd
CY2021 us-gaap Repayments Of Debt
RepaymentsOfDebt
0 usd
dbd Repayment Of Term Loans
RepaymentOfTermLoans
0 usd
dbd Repayment Of Term Loans
RepaymentOfTermLoans
400600000 usd
CY2022 dbd Repayment Of Term Loans
RepaymentOfTermLoans
0 usd
CY2021 dbd Repayment Of Term Loans
RepaymentOfTermLoans
0 usd
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
5000000.0 usd
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
4400000 usd
CY2022 us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
386100000 usd
CY2021 us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
11200000 usd
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
6700000 usd
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
2500000 usd
CY2022 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
131000000.0 usd
CY2021 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
19400000 usd
us-gaap Payments Of Debt Restructuring Costs
PaymentsOfDebtRestructuringCosts
0 usd
us-gaap Payments Of Debt Restructuring Costs
PaymentsOfDebtRestructuringCosts
91000000.0 usd
CY2022 us-gaap Payments Of Debt Restructuring Costs
PaymentsOfDebtRestructuringCosts
0 usd
CY2021 us-gaap Payments Of Debt Restructuring Costs
PaymentsOfDebtRestructuringCosts
0 usd
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
0 usd
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
0 usd
CY2022 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-2800000 usd
CY2021 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
11400000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2300000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3400000 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
7800000 usd
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
7700000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-4000000.0 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
563500000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
349800000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-3600000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1100000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2900000 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-8200000 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-5700000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
139400000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
131000000.0 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-70100000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
64800000 usd
CY2023Q3 us-gaap Disposal Group Including Discontinued Operation Cash
DisposalGroupIncludingDiscontinuedOperationCash
700000 usd
CY2022Q4 us-gaap Disposal Group Including Discontinued Operation Cash
DisposalGroupIncludingDiscontinuedOperationCash
2800000 usd
CY2021Q4 us-gaap Disposal Group Including Discontinued Operation Cash
DisposalGroupIncludingDiscontinuedOperationCash
3100000 usd
CY2020Q4 us-gaap Disposal Group Including Discontinued Operation Cash
DisposalGroupIncludingDiscontinuedOperationCash
2700000 usd
CY2023Q4 us-gaap Disposal Group Including Discontinued Operation Cash
DisposalGroupIncludingDiscontinuedOperationCash
0 usd
CY2023Q3 us-gaap Disposal Group Including Discontinued Operation Cash
DisposalGroupIncludingDiscontinuedOperationCash
700000 usd
CY2022Q4 us-gaap Disposal Group Including Discontinued Operation Cash
DisposalGroupIncludingDiscontinuedOperationCash
2800000 usd
CY2021Q4 us-gaap Disposal Group Including Discontinued Operation Cash
DisposalGroupIncludingDiscontinuedOperationCash
3100000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
452200000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
319100000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
388900000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
324500000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
592300000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
452200000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
319100000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
388900000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
21400000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
25200000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
33100000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
42300000 usd
us-gaap Interest Paid Net
InterestPaidNet
52700000 usd
us-gaap Interest Paid Net
InterestPaidNet
74700000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
231600000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
175100000 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="text-align:justify"><span style="color:#000000;font-family:'Avenir LT Pro 45 Book',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates in Preparation of Consolidated Financial Statements.</span><span style="color:#000000;font-family:'Avenir LT Pro 45 Book',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> The preparation of the accompanying consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions about future events. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities, and reported amounts of revenues and expenses. Such estimates include revenue recognition, inventories, goodwill, intangible assets, other long-lived assets, legal contingencies, guarantee obligations and assumptions used in the calculation of income taxes, pension and other post-retirement benefits and customer incentives, among others. These estimates and assumptions are based on management’s best estimates and judgment. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors. Management monitors the economic condition and other factors and will adjust such estimates and assumptions when facts and circumstances dictate. As future events and their effects cannot be determined with precision, actual results could differ significantly from these estimates.</span></div>
CY2023 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<span style="color:#000000;font-family:'Avenir LT Pro 45 Book',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Reclassifications.</span> The Company has reclassified the presentation of certain prior-year information to conform to the current presentation.
CY2022Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
7900000 usd
CY2022Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
6800000 usd
us-gaap Advertising Expense
AdvertisingExpense
3500000 usd
us-gaap Advertising Expense
AdvertisingExpense
4600000 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
8500000 usd
CY2021 us-gaap Advertising Expense
AdvertisingExpense
7100000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
34400000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
62300000 usd
CY2022 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
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CY2021 us-gaap Research And Development Expense
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CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Not Subject To Expiration
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532300000 usd
CY2023Q4 us-gaap Inventory Work In Process And Raw Materials Net Of Reserves
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174000000.0 usd
CY2022Q4 us-gaap Inventory Work In Process And Raw Materials Net Of Reserves
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200600000 usd
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242000000.0 usd
CY2022Q4 us-gaap Inventory Finished Goods Net Of Reserves
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229400000 usd
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173800000 usd
CY2022Q4 dbd Other Inventories Spare Parts Net Of Reserves
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158100000 usd
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257600000 usd
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589800000 usd
CY2022Q4 us-gaap Inventory Net
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588100000 usd
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173300000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
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14300000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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479400000 usd
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159000000.0 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
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120700000 usd
us-gaap Depreciation
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us-gaap Depreciation
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18300000 usd
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3600000 usd
CY2022Q4 us-gaap Life Insurance Corporate Or Bank Owned Amount
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CY2021Q4 us-gaap Goodwill
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CY2022Q4 us-gaap Goodwill Gross
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470900000 usd
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4200000 usd
CY2023Q4 us-gaap Goodwill
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616700000 usd
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930200000 usd
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38900000 usd
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CY2022Q4 us-gaap Capitalized Computer Software Net
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42500000 usd
CY2021Q4 us-gaap Capitalized Computer Software Net
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43200000 usd
CY2020Q4 us-gaap Capitalized Computer Software Net
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38000000.0 usd
us-gaap Payments To Develop Software
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9800000 usd
us-gaap Payments To Develop Software
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us-gaap Capitalized Computer Software Amortization1
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12400000 usd
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23300000 usd
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us-gaap Capitalized Computer Software Impairments1
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9800000 usd
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dbd Capitalized Computer Software Fresh Start Accounting Adjustment
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CY2021 dbd Capitalized Computer Software Fresh Start Accounting Adjustment
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CY2023Q3 us-gaap Capitalized Computer Software Net
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CY2022Q4 us-gaap Capitalized Computer Software Net
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42500000 usd
CY2021Q4 us-gaap Capitalized Computer Software Net
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43200000 usd
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42800000 usd
us-gaap Adjustment For Amortization
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CY2022Q4 us-gaap Product Warranty Accrual
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28300000 usd
CY2021Q4 us-gaap Product Warranty Accrual
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36300000 usd
us-gaap Product Warranty Accrual Warranties Issued
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16300000 usd
us-gaap Product Warranty Accrual Warranties Issued
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18800000 usd
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us-gaap Product Warranty Accrual Payments
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21900000 usd
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26400000 usd
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28000000.0 usd
CY2023Q3 us-gaap Product Warranty Accrual
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26600000 usd
CY2022Q4 us-gaap Product Warranty Accrual
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us-gaap Restructuring Charges
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us-gaap Restructuring Charges
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us-gaap Restructuring Reserve Translation And Other Adjustment
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CY2023Q4 us-gaap Notes And Loans Payable Current
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1253600000 usd
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2724800000 usd
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1200000 usd
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139000000.0 usd
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us-gaap Interest Expense Debt
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us-gaap Interest Expense Debt
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CY2021 us-gaap Interest Expense Debt
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19200000 usd
CY2021 dbd Noncontrolling Interest Termination Of Put Option
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19200000 usd
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0.042
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20000000 usd
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2400000 usd
us-gaap Defined Contribution Plan Cost Recognized
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7000000.0 usd
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7400000 usd
CY2023 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
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0.50
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us-gaap Operating Lease Cost
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10100000 usd
CY2021 us-gaap Lease Cost
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CY2023Q4 us-gaap Finance Lease Liability Payments Due
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20600000 usd
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us-gaap Operating Lease Payments
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us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2023 dei Auditor Name
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KPMG LLP
CY2023 dei Auditor Firm
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185
CY2023 dei Auditor Location
AuditorLocation
Cleveland, OH

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