2024 Q1 Form 10-K Financial Statement

#000157987724000015 Filed on February 22, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $408.5M $501.2M $1.821B
YoY Change 3.21% 1.31% 2.74%
Cost Of Revenue $117.5M $116.5M $465.4M
YoY Change 2.53% -2.84% 1.2%
Gross Profit $291.0M $384.7M $1.355B
YoY Change 3.49% 2.64% 3.28%
Gross Profit Margin 71.24% 76.76% 74.44%
Selling, General & Admin $110.5M $238.5M $429.7M
YoY Change 2.41% 3.74% 1.8%
% of Gross Profit 37.97% 62.0% 31.71%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $18.50M $38.40M $79.30M
YoY Change -7.96% -3.52% 2.45%
% of Gross Profit 6.36% 9.98% 5.85%
Operating Expenses $110.5M $276.9M $429.7M
YoY Change 2.41% 2.67% 1.8%
Operating Profit $14.00M $107.8M -$258.4M
YoY Change 37.25% 2.57% -189.82%
Interest Expense -$41.40M -$40.80M $158.4M
YoY Change 9.81% 13.65% 20.18%
% of Operating Profit -295.71% -37.85%
Other Income/Expense, Net $200.0K $300.0K
YoY Change 100.0% -250.0%
Pretax Income -$27.40M $62.30M -$436.4M
YoY Change -0.36% -9.97% -394.86%
Income Tax -$500.0K $1.800M $4.000M
% Of Pretax Income 2.89%
Net Earnings -$27.20M $58.20M -$430.4M
YoY Change -5.88% 2.11% -391.01%
Net Earnings / Revenue -6.66% 11.61% -23.64%
Basic Earnings Per Share -$0.18 -$2.66
Diluted Earnings Per Share -$0.18 $0.35 -$2.66
COMMON SHARES
Basic Shares Outstanding 165.9M shares 165.0M shares 164.9M shares
Diluted Shares Outstanding 165.4M shares 164.9M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $42.40M $36.00M $36.00M
YoY Change -0.93% -10.89% -10.89%
Cash & Equivalents $42.40M $36.00M $36.00M
Short-Term Investments
Other Short-Term Assets $14.40M $15.70M $74.00M
YoY Change 87.01% 180.36% 114.49%
Inventory
Prepaid Expenses
Receivables $251.7M $287.6M $287.6M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $359.4M $397.6M $397.6M
YoY Change 5.8% 1.84% 1.84%
LONG-TERM ASSETS
Property, Plant & Equipment $657.1M $657.8M $2.250B
YoY Change -6.14% -6.0% -0.56%
Goodwill $2.006B $2.006B
YoY Change -3.38% -3.37%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $19.50M $19.50M $233.8M
YoY Change -43.97% -50.13% -41.88%
Total Long-Term Assets $5.155B $5.185B $5.185B
YoY Change -9.57% -7.4% -7.4%
TOTAL ASSETS
Total Short-Term Assets $359.4M $397.6M $397.6M
Total Long-Term Assets $5.155B $5.185B $5.185B
Total Assets $5.514B $5.583B $5.583B
YoY Change -8.7% -6.8% -6.8%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $54.40M $55.50M $55.50M
YoY Change 1.3% -15.14% -15.14%
Accrued Expenses $356.4M $392.7M $392.7M
YoY Change 1.54% -1.75% -1.75%
Deferred Revenue
YoY Change
Short-Term Debt $120.0M $65.00M $65.00M
YoY Change 4.35% 116.67% 116.67%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $622.2M $593.0M $593.0M
YoY Change 4.73% 7.51% 7.51%
LONG-TERM LIABILITIES
Long-Term Debt $2.678B $2.677B $2.677B
YoY Change 1.92% 1.92% 1.92%
Other Long-Term Liabilities $41.90M $42.00M $1.583B
YoY Change 3.71% 1.94% 9.34%
Total Long-Term Liabilities $2.720B $2.719B $4.260B
YoY Change 1.95% 1.92% 4.56%
TOTAL LIABILITIES
Total Short-Term Liabilities $622.2M $593.0M $593.0M
Total Long-Term Liabilities $2.720B $2.719B $4.260B
Total Liabilities $4.867B $4.853B $4.856B
YoY Change 1.91% 4.57% 4.55%
SHAREHOLDERS EQUITY
Retained Earnings -$1.901B -$1.821B
YoY Change 50.33% 53.89%
Common Stock $1.700M $1.700M
YoY Change 6.25% 6.25%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $524.2M $607.0M $726.8M
YoY Change
Total Liabilities & Shareholders Equity $5.514B $5.583B $5.583B
YoY Change -8.7% -6.8% -6.8%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$27.20M $58.20M -$430.4M
YoY Change -5.88% 2.11% -391.01%
Depreciation, Depletion And Amortization $18.50M $38.40M $79.30M
YoY Change -7.96% -3.52% 2.45%
Cash From Operating Activities $30.60M $105.0M $254.2M
YoY Change 225.53% 32.41% 0.04%
INVESTING ACTIVITIES
Capital Expenditures $18.40M $26.20M $86.80M
YoY Change -18.58% -73.32% -3.34%
Acquisitions $6.000M $33.70M
YoY Change 17.65% -90.48%
Other Investing Activities $5.400M $12.10M $13.00M
YoY Change -324.14%
Cash From Investing Activities -$19.00M -$14.10M -$107.5M
YoY Change -31.41% -85.64% -76.08%
FINANCING ACTIVITIES
Cash Dividend Paid $52.40M $207.0M
YoY Change 0.77% 0.58%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $400.0M
YoY Change
Cash From Financing Activities -$4.900M -99.60M -$151.5M
YoY Change -123.67% 344.64% -19.41%
NET CHANGE
Cash From Operating Activities $30.60M 105.0M $254.2M
Cash From Investing Activities -$19.00M -14.10M -$107.5M
Cash From Financing Activities -$4.900M -99.60M -$151.5M
Net Change In Cash $6.400M -8.700M -$4.400M
YoY Change 166.67% -78.93% -98.86%
FREE CASH FLOW
Cash From Operating Activities $30.60M $105.0M $254.2M
Capital Expenditures $18.40M $26.20M $86.80M
Free Cash Flow $12.20M $78.80M $167.4M
YoY Change -192.42% -516.93% 1.89%

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CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2023 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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NetIncomeLoss
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CY2021 us-gaap Deferred Income Tax Expense Benefit
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GainsLossesOnExtinguishmentOfDebt
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IncomeLossFromEquityMethodInvestments
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IncomeLossFromEquityMethodInvestments
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IncomeLossFromEquityMethodInvestments
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CY2022 us-gaap Amortization Of Financing Costs
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CY2021 us-gaap Amortization Of Financing Costs
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IncreaseDecreaseInReceivables
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IncreaseDecreaseinPrepaidMTAEquipmentDeploymentCosts
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CY2021 us-gaap Increase Decrease In Deferred Revenue
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CY2023 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2021 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2023 us-gaap Payments To Acquire Equity Method Investments
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CY2021 us-gaap Payments Of Financing Costs
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CY2023 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-384400000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-287200000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
40400000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
424800000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
712000000.0 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
36000000.0 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
40400000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2023 us-gaap Income Taxes Paid Net
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CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3300000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
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CY2023 us-gaap Interest Paid Net
InterestPaidNet
150700000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
126300000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
117800000 usd
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
7700000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
8400000 usd
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
3200000 usd
CY2023 out Mta Franchise Rights Not Yet Paid
MTAFranchiseRightsNotYetPaid
3000000.0 usd
CY2022 out Mta Franchise Rights Not Yet Paid
MTAFranchiseRightsNotYetPaid
3100000 usd
CY2021 out Mta Franchise Rights Not Yet Paid
MTAFranchiseRightsNotYetPaid
4500000 usd
CY2023 out Numberof Largest Marketsin Whichthe Entity Operates Domestic
NumberofLargestMarketsinWhichtheEntityOperatesDomestic
25 markets
CY2023 out Numberof Marketsin Whichthe Entity Operates
NumberofMarketsinWhichtheEntityOperates
150 markets
CY2023 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2023 us-gaap Use Of Estimates
UseOfEstimates
The preparation of our financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires management to make estimates, judgments and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amount of revenues and expenses during the reporting period. We base our estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ materially from these estimates under different assumptions or conditions.
CY2023 us-gaap Immaterial Error Correction
ImmaterialErrorCorrection
For the three months ended March 31, 2023, the Company recorded an out-of-period adjustment relating to variable billboard property lease expenses and accrued lease and franchise costs in 2022, resulting in a $5.2 million increase in Operating expenses for the three months ended March 31, 2023. The Company assessed the materiality of the amount reflected in this adjustment on its previously issued financial statements in accordance with the SEC’s Staff Accounting Bulletin (“SAB”) No. 99 and SAB No. 108 and concluded that the amount was not material, individually or in the aggregate, to any of its previously issued financial statements.
CY2023 out Customer Billing Term
CustomerBillingTerm
P30D
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Concentration of Credit Risk—</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In the opinion of management, credit risk is limited due to the large number of customers and advertising agencies utilized. We perform credit evaluations on our customers and agencies and believe that the allowances for doubtful accounts are adequate.</span></div>
CY2022Q4 us-gaap Property Plant And Equipment Gross
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2397400000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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1697600000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
699800000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
2077800000 usd
CY2022 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-1400000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
2076400000 usd
CY2023 us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
22900000 usd
CY2023 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
500000 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
47600000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
2006400000 usd
CY2022Q4 us-gaap Reporting Unit Percentage Of Fair Value In Excess Of Carrying Amount
ReportingUnitPercentageOfFairValueInExcessOfCarryingAmount
0.28
CY2023Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
47600000 usd
CY2023 us-gaap Number Of Reporting Units
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2 numberofreportingunits
CY2023Q4 us-gaap Goodwill Impairment Loss
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0 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
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CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
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CY2023Q4 out Finite Lived Intangible Assets Accumulated Impairment
FiniteLivedIntangibleAssetsAccumulatedImpairment
467900000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
695400000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
2149700000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1291200000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
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858500000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
81200000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
73300000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
66000000 usd
CY2023Q2 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
463500000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
68900000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
65900000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
61100000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
55300000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
51200000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
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CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
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CY2023Q4 us-gaap Operating Lease Liability Current
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180900000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
188100000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
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CY2022Q4 us-gaap Operating Lease Liability Noncurrent
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CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P11Y
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.062
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.058
CY2023 us-gaap Variable Lease Cost
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143700000 usd
CY2022 us-gaap Variable Lease Cost
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113800000 usd
CY2021 us-gaap Variable Lease Cost
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80600000 usd
CY2023 us-gaap Operating Lease Payments
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CY2022 us-gaap Operating Lease Payments
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458200000 usd
CY2021 us-gaap Operating Lease Payments
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394300000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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397200000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
285100000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
279400000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
275200000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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264200000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
239900000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
218300000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
178500000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
1146900000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
2323000000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
724700000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1598300000 usd
CY2023 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
1349300000 usd
CY2022 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
1321100000 usd
CY2021 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
1141100000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
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521800000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
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28800000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
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6500000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
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2300000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
2000000.0 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
10000000.0 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received
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571400000 usd
CY2023 us-gaap Asset Retirement Obligations Description
AssetRetirementObligationsDescription
The obligation is calculated based on the assumption that all of our advertising structures will be removed within the next 50 years.
CY2023 out Asset Retirement Obligation Expected Term
AssetRetirementObligationExpectedTerm
P50Y
CY2022Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
37800000 usd
CY2021Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
36400000 usd
CY2023 us-gaap Accretion Expense Including Asset Retirement Obligations
AccretionExpenseIncludingAssetRetirementObligations
3100000 usd
CY2022 us-gaap Accretion Expense Including Asset Retirement Obligations
AccretionExpenseIncludingAssetRetirementObligations
2800000 usd
CY2023 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
200000 usd
CY2022 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
800000 usd
CY2023 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
8200000 usd
CY2022 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
1900000 usd
CY2023 us-gaap Asset Retirement Obligation Foreign Currency Translation Gain Loss
AssetRetirementObligationForeignCurrencyTranslationGainLoss
100000 usd
CY2022 us-gaap Asset Retirement Obligation Foreign Currency Translation Gain Loss
AssetRetirementObligationForeignCurrencyTranslationGainLoss
-300000 usd
CY2023Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
33000000.0 usd
CY2022Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
37800000 usd
CY2023 us-gaap Property Management Fee Revenue
PropertyManagementFeeRevenue
4900000 usd
CY2022 us-gaap Property Management Fee Revenue
PropertyManagementFeeRevenue
8600000 usd
CY2021 us-gaap Property Management Fee Revenue
PropertyManagementFeeRevenue
6300000 usd
CY2023Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
65000000.0 usd
CY2022Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
30000000.0 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2676500000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2626000000 usd
CY2023Q4 us-gaap Debt Longterm And Shortterm Combined Amount
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2741500000 usd
CY2022Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
2656000000 usd
CY2023Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.057
CY2022Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.052
CY2023Q2 out Number Of Amendments To Credit Agreement
NumberOfAmendmentsToCreditAgreement
2 amendments
CY2023 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-8100000 usd
CY2023 out Debt Covenant Maximum Consolidated Total Leverage Ratio
DebtCovenantMaximumConsolidatedTotalLeverageRatio
6.0
CY2023 out Consolidated Total Leverage Ratio
ConsolidatedTotalLeverageRatio
5.3
CY2023 us-gaap Debt Instrument Covenant Description
DebtInstrumentCovenantDescription
The terms of the Credit Agreement (and under certain circumstances, the agreements governing the AR Facility) require that we maintain a Consolidated Net Secured Leverage Ratio, which is the ratio of (i) our consolidated secured debt (less up to $150.0 million of unrestricted cash) to (ii) our Consolidated EBITDA (as defined in the Credit Agreement) for the trailing four consecutive quarters, of no greater than 4.5 to 1.0.
CY2023Q4 out Debt Covenant Restricted Cash Limit
DebtCovenantRestrictedCashLimit
150000000 usd
CY2023Q4 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
27400000 usd
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-18000000.0 usd
CY2021 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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CY2021 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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13600000 usd
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-4400000 usd
CY2022 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
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CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-4700000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-9100000 usd
CY2023 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
3300000 usd
CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
3300000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
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CY2022 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
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1000000 usd
CY2021 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
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2900000 usd
CY2023 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
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0 usd
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
450000000 shares
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
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0.01
CY2023Q4 us-gaap Common Stock Shares Outstanding
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165052191 shares
CY2023Q4 us-gaap Common Stock Shares Issued
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165052191 shares
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2023Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2023Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
125000 shares
CY2023Q4 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
125000 shares
CY2023Q4 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.01
CY2023 us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.070
CY2023 out Dividend Period
DividendPeriod
P12M
CY2023 out Dividend Period
DividendPeriod
P12M
CY2023 us-gaap Convertible Preferred Stock Terms Of Conversion
ConvertiblePreferredStockTermsOfConversion
The Series A Preferred Stock is convertible at the option of any holder at any time into shares of our common stock at an initial conversion price of $16.00 per share and an initial conversion rate of 62.50 shares of our common stock per share of Series A Preferred Stock, subject to certain anti-dilution adjustments and a share cap as set forth in the Articles. Subject to certain conditions set forth in the Articles (including a change of control), each of the Company and the holders of the Series A Preferred Stock may convert or redeem the Series A Preferred Stock at the prices set forth in the Articles, plus any accrued and unpaid dividends.
CY2023Q4 us-gaap Preferred Stock Convertible Conversion Price
PreferredStockConvertibleConversionPrice
16.00
CY2023Q4 out Convertible Preferred Stock Common Shares Issuable
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62.50 shares
CY2023 out Billboard Revenue
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1444900000 usd
CY2022 out Billboard Revenue
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1384700000 usd
CY2021 out Billboard Revenue
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1182300000 usd
CY2023 out Transitand Other Revenue
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375700000 usd
CY2022 out Transitand Other Revenue
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387400000 usd
CY2021 out Transitand Other Revenue
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281600000 usd
CY2023 us-gaap Revenues
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1820600000 usd
CY2022 us-gaap Revenues
Revenues
1772100000 usd
CY2021 us-gaap Revenues
Revenues
1463900000 usd
CY2023 us-gaap Operating Lease Lease Income
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1349300000 usd
CY2022 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
1321100000 usd
CY2021 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
1141100000 usd
CY2023 us-gaap Revenues
Revenues
1820600000 usd
CY2022 us-gaap Revenues
Revenues
1772100000 usd
CY2021 us-gaap Revenues
Revenues
1463900000 usd
CY2023 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
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33700000 usd
CY2022 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
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353900000 usd
CY2021 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
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136500000 usd
CY2023Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
34600000 usd
CY2023Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
248900000 usd
CY2023Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
24100000 usd
CY2023Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
115000000.0 usd
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
6475000 shares
CY2021 out Grant Value Basis Of Stock Based Compensation Award Percentage Of Current Base Salary
GrantValueBasisOfStockBasedCompensationAwardPercentageOfCurrentBaseSalary
1
CY2023 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1000000.0 usd
CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1600000 usd
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1400000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
27400000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
32200000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
27200000 usd
CY2023Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
26600000 usd
CY2023 out Numberof Defined Benefit Pension Plans
NumberofDefinedBenefitPensionPlans
2 plan
CY2023 out Defined Benefit Plan Benefit Calculation Condition Period
DefinedBenefitPlanBenefitCalculationConditionPeriod
P5Y
CY2023 out Defined Benefit Plan Vesting Condition Period
DefinedBenefitPlanVestingConditionPeriod
P2Y
CY2022Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
47000000.0 usd
CY2021Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
65300000 usd
CY2020Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
71300000 usd
CY2023 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
0 usd
CY2022 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
0 usd
CY2021 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
100000 usd
CY2023 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
2100000 usd
CY2022 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1900000 usd
CY2021 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1800000 usd
CY2023 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
300000 usd
CY2022 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
14800000 usd
CY2021 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
5200000 usd
CY2023 us-gaap Defined Benefit Plan Benefit Obligation Payment For Settlement
DefinedBenefitPlanBenefitObligationPaymentForSettlement
20200000 usd
CY2022 us-gaap Defined Benefit Plan Benefit Obligation Payment For Settlement
DefinedBenefitPlanBenefitObligationPaymentForSettlement
0 usd
CY2021 us-gaap Defined Benefit Plan Benefit Obligation Payment For Settlement
DefinedBenefitPlanBenefitObligationPaymentForSettlement
0 usd
CY2023 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
DefinedBenefitPlanBenefitObligationBenefitsPaid
2000000.0 usd
CY2022 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
DefinedBenefitPlanBenefitObligationBenefitsPaid
2200000 usd
CY2021 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
DefinedBenefitPlanBenefitObligationBenefitsPaid
2900000 usd
CY2023 us-gaap Defined Benefit Plan Foreign Currency Exchange Rate Changes Benefit Obligation
DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation
600000 usd
CY2022 us-gaap Defined Benefit Plan Foreign Currency Exchange Rate Changes Benefit Obligation
DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation
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CY2021 us-gaap Defined Benefit Plan Foreign Currency Exchange Rate Changes Benefit Obligation
DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation
200000 usd
CY2023Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
27200000 usd
CY2022Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
47000000.0 usd
CY2021Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
65300000 usd
CY2022Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
55500000 usd
CY2021Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
69500000 usd
CY2023 us-gaap Defined Benefit Plan Actual Return On Plan Assets
DefinedBenefitPlanActualReturnOnPlanAssets
2900000 usd
CY2022 us-gaap Defined Benefit Plan Actual Return On Plan Assets
DefinedBenefitPlanActualReturnOnPlanAssets
-8200000 usd
CY2023 us-gaap Defined Benefit Plan Settlements Plan Assets
DefinedBenefitPlanSettlementsPlanAssets
20200000 usd
CY2022 us-gaap Defined Benefit Plan Settlements Plan Assets
DefinedBenefitPlanSettlementsPlanAssets
0 usd
CY2023 us-gaap Defined Benefit Plan Plan Assets Benefits Paid
DefinedBenefitPlanPlanAssetsBenefitsPaid
2000000.0 usd
CY2022 us-gaap Defined Benefit Plan Plan Assets Benefits Paid
DefinedBenefitPlanPlanAssetsBenefitsPaid
2200000 usd
CY2023 us-gaap Defined Benefit Plan Plan Assets Foreign Currency Translation Gain Loss
DefinedBenefitPlanPlanAssetsForeignCurrencyTranslationGainLoss
900000 usd
CY2022 us-gaap Defined Benefit Plan Plan Assets Foreign Currency Translation Gain Loss
DefinedBenefitPlanPlanAssetsForeignCurrencyTranslationGainLoss
-3600000 usd
CY2023Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
37100000 usd
CY2022Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
55500000 usd
CY2023Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
9900000 usd
CY2022Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
8500000 usd
CY2023Q4 out Defined Benefit Plan Assets For Plan Benefits Assets Held For Sale
DefinedBenefitPlanAssetsForPlanBenefitsAssetsHeldForSale
10400000 usd
CY2022Q4 out Defined Benefit Plan Assets For Plan Benefits Assets Held For Sale
DefinedBenefitPlanAssetsForPlanBenefitsAssetsHeldForSale
0 usd
CY2023Q4 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
0 usd
CY2022Q4 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
8500000 usd
CY2023Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
500000 usd
CY2022Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
0 usd
CY2023Q4 us-gaap Defined Benefit Plan Amounts Recognized In Balance Sheet
DefinedBenefitPlanAmountsRecognizedInBalanceSheet
9900000 usd
CY2022Q4 us-gaap Defined Benefit Plan Amounts Recognized In Balance Sheet
DefinedBenefitPlanAmountsRecognizedInBalanceSheet
7900000 usd
CY2023Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax
400000 usd
CY2022Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax
200000 usd
CY2023Q4 out Defined Benefit Plan Accumulated Other Comprehensive Income Deferred Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeDeferredTax
100000 usd
CY2022Q4 out Defined Benefit Plan Accumulated Other Comprehensive Income Deferred Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeDeferredTax
100000 usd
CY2023Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
25100000 usd
CY2022Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
45200000 usd
CY2023Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation
27200000 usd
CY2022Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation
47000000.0 usd
CY2023Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
25100000 usd
CY2022Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
45200000 usd
CY2023Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
37100000 usd
CY2022Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
55500000 usd
CY2023 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
0 usd
CY2022 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
0 usd
CY2021 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
100000 usd
CY2023 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
2100000 usd
CY2022 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1900000 usd
CY2021 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1800000 usd
CY2023 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
2600000 usd
CY2022 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
2800000 usd
CY2021 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
2600000 usd
CY2023 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
0 usd
CY2022 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
0 usd
CY2021 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-600000 usd
CY2023 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
500000 usd
CY2022 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
0 usd
CY2021 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
0 usd
CY2023 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
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CY2022 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
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CY2021 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
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CY2023 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
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CY2023 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Before Tax
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CY2023Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.048
CY2022Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.050
CY2023Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease
0.033
CY2022Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease
0.033
CY2023 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.050
CY2022 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.030
CY2023 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.042
CY2022 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.052
CY2023 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Rate Of Compensation Increase
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0.033
CY2022 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Rate Of Compensation Increase
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0.033
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
155700000 usd
CY2023Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
37100000 usd
CY2022Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
55500000 usd
CY2023Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months
DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths
900000 usd
CY2023Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Two
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo
800000 usd
CY2023Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Three
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree
1000000.0 usd
CY2023Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Four
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour
1100000 usd
CY2023Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Five
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive
1400000 usd
CY2023Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Five Fiscal Years Thereafter
DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter
8100000 usd
CY2023 us-gaap Multiemployer Plan Employer Contribution Cost
MultiemployerPlanEmployerContributionCost
3300000 usd
CY2022 us-gaap Multiemployer Plan Employer Contribution Cost
MultiemployerPlanEmployerContributionCost
3500000 usd
CY2021 us-gaap Multiemployer Plan Employer Contribution Cost
MultiemployerPlanEmployerContributionCost
3000000 usd
CY2023 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
8600000 usd
CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
8300000 usd
CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
6400000 usd
CY2023 us-gaap Income Taxes Paid Net
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6700000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3300000 usd
CY2021 us-gaap Income Taxes Paid Net
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1700000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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148000000.0 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
32600000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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11800000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
7700000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
155700000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
31600000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
31600000 usd
CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense Depreciation
IncomeTaxReconciliationNondeductibleExpenseDepreciation
27900000 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Depreciation
IncomeTaxReconciliationNondeductibleExpenseDepreciation
33700000 usd
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Depreciation
IncomeTaxReconciliationNondeductibleExpenseDepreciation
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CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense Amortization
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CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Amortization
IncomeTaxReconciliationNondeductibleExpenseAmortization
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CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Amortization
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CY2023 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
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2100000 usd
CY2022 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
2100000 usd
CY2021 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
1400000 usd
CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
3800000 usd
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
5000000.0 usd
CY2023 us-gaap Income Tax Reconciliation Disposition Of Assets
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CY2022 us-gaap Income Tax Reconciliation Disposition Of Assets
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CY2021 us-gaap Income Tax Reconciliation Disposition Of Assets
IncomeTaxReconciliationDispositionOfAssets
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CY2023 us-gaap Income Tax Reconciliation Deductions Other
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5500000 usd
CY2022 us-gaap Income Tax Reconciliation Deductions Other
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9900000 usd
CY2021 us-gaap Income Tax Reconciliation Deductions Other
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5000000.0 usd
CY2023 out Effective Income Tax Reconciliation Nondeductible Expense Compensation Cost Amount
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11200000 usd
CY2022 out Effective Income Tax Reconciliation Nondeductible Expense Compensation Cost Amount
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9400000 usd
CY2021 out Effective Income Tax Reconciliation Nondeductible Expense Compensation Cost Amount
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6300000 usd
CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense Leases
IncomeTaxReconciliationNondeductibleExpenseLeases
8400000 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Leases
IncomeTaxReconciliationNondeductibleExpenseLeases
4300000 usd
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Leases
IncomeTaxReconciliationNondeductibleExpenseLeases
5700000 usd
CY2023 out Effective Income Tax Rate Reconciliation Provision For Doubtful Accounts
EffectiveIncomeTaxRateReconciliationProvisionForDoubtfulAccounts
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CY2022 out Effective Income Tax Rate Reconciliation Provision For Doubtful Accounts
EffectiveIncomeTaxRateReconciliationProvisionForDoubtfulAccounts
3300000 usd
CY2021 out Effective Income Tax Rate Reconciliation Provision For Doubtful Accounts
EffectiveIncomeTaxRateReconciliationProvisionForDoubtfulAccounts
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CY2023 out Effective Income Tax Rate Reconciliation Interest Book To Tax
EffectiveIncomeTaxRateReconciliationInterestBookToTax
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CY2022 out Effective Income Tax Rate Reconciliation Interest Book To Tax
EffectiveIncomeTaxRateReconciliationInterestBookToTax
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CY2021 out Effective Income Tax Rate Reconciliation Interest Book To Tax
EffectiveIncomeTaxRateReconciliationInterestBookToTax
13800000 usd
CY2023 out Effective Income Tax Rate Reconciliation Impairment Charges Book To Tax
EffectiveIncomeTaxRateReconciliationImpairmentChargesBookToTax
388200000 usd
CY2022 out Effective Income Tax Rate Reconciliation Impairment Charges Book To Tax
EffectiveIncomeTaxRateReconciliationImpairmentChargesBookToTax
0 usd
CY2021 out Effective Income Tax Rate Reconciliation Impairment Charges Book To Tax
EffectiveIncomeTaxRateReconciliationImpairmentChargesBookToTax
0 usd
CY2023 out Effective Income Tax Rate Reconciliation Other Bookto Tax Differences
EffectiveIncomeTaxRateReconciliationOtherBooktoTaxDifferences
13600000 usd
CY2022 out Effective Income Tax Rate Reconciliation Other Bookto Tax Differences
EffectiveIncomeTaxRateReconciliationOtherBooktoTaxDifferences
1500000 usd
CY2021 out Effective Income Tax Rate Reconciliation Other Bookto Tax Differences
EffectiveIncomeTaxRateReconciliationOtherBooktoTaxDifferences
4300000 usd
CY2023 out Reit Taxable Income
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163900000 usd
CY2022 out Reit Taxable Income
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213400000 usd
CY2021 out Reit Taxable Income
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76400000 usd
CY2023 us-gaap Current Federal Tax Expense Benefit
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CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
100000 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1000000.0 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1000000.0 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
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CY2023 us-gaap Current Foreign Tax Expense Benefit
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3100000 usd
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
3600000 usd
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1100000 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
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CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
4700000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1300000 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1700000 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-1100000 usd
CY2023 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
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CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-2000000.0 usd
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-400000 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
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ShareBasedCompensationExcludingCompensationRelatedRestructuringCharges
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CY2023 us-gaap Payments To Acquire Property Plant And Equipment
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CY2023Q4 us-gaap Real Estate Gross At Carrying Value
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CY2022Q4 us-gaap Real Estate Accumulated Depreciation
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CY2020Q4 us-gaap Real Estate Accumulated Depreciation
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CY2023 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
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CY2022 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
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CY2021 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
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CY2023 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
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RealEstateAccumulatedDepreciationOtherDeductions
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CY2021 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
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CY2023 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
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CY2022 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
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CY2021 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
13500000 usd
CY2023 out Sec Schedule Iii Real Estate Accumulated Depreciation Foreign Exchange
SECScheduleIIIRealEstateAccumulatedDepreciationForeignExchange
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CY2022 out Sec Schedule Iii Real Estate Accumulated Depreciation Foreign Exchange
SECScheduleIIIRealEstateAccumulatedDepreciationForeignExchange
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CY2023Q4 us-gaap Real Estate Accumulated Depreciation
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