2023 Q4 Form 10-K Financial Statement

#000002454524000005 Filed on February 20, 2024

View on sec.gov

Income Statement

Concept 2023 Q4 2023 2022 Q4
Revenue $2.791B $11.70B $2.630B
YoY Change 6.13% -8.63% 0.39%
Cost Of Revenue $1.758B $7.333B $1.706B
YoY Change 3.05% 4.08% -3.18%
Gross Profit $1.033B $4.369B $923.7M
YoY Change 11.83% 19.52% 7.75%
Gross Profit Margin 37.01% 37.33% 35.13%
Selling, General & Admin $683.2M $2.780B $524.7M
YoY Change 30.21% 6.15% -14.04%
% of Gross Profit 66.14% 63.63% 56.8%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $174.2M $682.8M $169.2M
YoY Change 2.96% 43.23% -6.98%
% of Gross Profit 16.86% 15.63% 18.32%
Operating Expenses $653.1M $2.668B $575.5M
YoY Change 13.48% 1.88% -13.47%
Operating Profit $379.9M $1.701B $348.2M
YoY Change 9.1% 979.87% 81.17%
Interest Expense -$64.00M -$295.5M -$56.70M
YoY Change 12.87% -217.92% -8.25%
% of Operating Profit -16.85% -17.37% -16.28%
Other Income/Expense, Net $12.30M $22.90M $5.100M
YoY Change 141.18% -110.41% -19.05%
Pretax Income $165.5M $1.253B -$564.1M
YoY Change -129.34% -2104.0% -615.16%
Income Tax $60.00M $296.1M $25.70M
% Of Pretax Income 36.25% 23.64%
Net Earnings $103.3M $948.9M -$590.5M
YoY Change -117.49% -641.3% -838.13%
Net Earnings / Revenue 3.7% 8.11% -22.46%
Basic Earnings Per Share
Diluted Earnings Per Share $0.48 $4.37 -$2.73
COMMON SHARES
Basic Shares Outstanding 216.0M shares
Diluted Shares Outstanding 217.3M shares

Balance Sheet

Concept 2023 Q4 2023 2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $868.9M $868.9M $600.0M
YoY Change 44.82% 44.82% -5.87%
Cash & Equivalents $868.9M $868.9M $600.0M
Short-Term Investments
Other Short-Term Assets $297.9M $297.9M $378.9M
YoY Change -21.38% -21.38% -17.13%
Inventory $802.3M $802.3M $792.9M
Prepaid Expenses
Receivables $757.8M $757.8M $739.8M
Other Receivables $121.6M $121.6M $126.4M
Total Short-Term Assets $2.849B $2.849B $2.638B
YoY Change 7.98% 7.98% -5.06%
LONG-TERM ASSETS
Property, Plant & Equipment $4.445B $4.445B $4.356B
YoY Change 2.04% 2.04% 1.02%
Goodwill $5.325B $5.292B
YoY Change 0.63% -13.99%
Intangibles $12.61B $12.80B
YoY Change -1.45% -3.66%
Long-Term Investments $222.7M $96.90M
YoY Change 129.82%
Other Assets $1.142B $1.142B $915.5M
YoY Change 24.76% 45.91% -24.24%
Total Long-Term Assets $23.53B $23.53B $23.23B
YoY Change 1.28% 1.28% -6.48%
TOTAL ASSETS
Total Short-Term Assets $2.849B $2.849B $2.638B
Total Long-Term Assets $23.53B $23.53B $23.23B
Total Assets $26.38B $26.38B $25.87B
YoY Change 1.96% 1.96% -6.34%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.181B $3.181B $2.068B
YoY Change 53.8% 53.8% -1.43%
Accrued Expenses $46.90M $446.5M $44.70M
YoY Change 4.92% -28.15% -1.54%
Deferred Revenue
YoY Change
Short-Term Debt $21.50M $21.50M $20.90M
YoY Change 2.87% 2.87% 202.9%
Long-Term Debt Due $911.8M $911.8M $376.2M
YoY Change 142.37% 142.37% -25.94%
Total Short-Term Liabilities $4.093B $4.093B $3.375B
YoY Change 21.25% 21.25% -6.81%
LONG-TERM LIABILITIES
Long-Term Debt $5.312B $5.312B $6.165B
YoY Change -13.84% -13.84% -7.25%
Other Long-Term Liabilities $838.1M $838.1M $292.8M
YoY Change 186.24% 9.4% -10.32%
Total Long-Term Liabilities $6.150B $6.150B $6.458B
YoY Change -4.77% -11.27% -7.39%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.093B $4.093B $3.375B
Total Long-Term Liabilities $6.150B $6.150B $6.458B
Total Liabilities $13.18B $13.18B $12.95B
YoY Change 1.74% 0.0% -7.18%
SHAREHOLDERS EQUITY
Retained Earnings $7.484B $6.894B
YoY Change 8.56% -6.86%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $735.6M $522.9M
YoY Change 40.68% 10.92%
Treasury Stock Shares 10.50M shares
Shareholders Equity $13.20B $13.20B $12.69B
YoY Change
Total Liabilities & Shareholders Equity $26.38B $26.38B $25.87B
YoY Change 1.96% 1.96% -6.34%

Cashflow Statement

Concept 2023 Q4 2023 2022 Q4
OPERATING ACTIVITIES
Net Income $103.3M $948.9M -$590.5M
YoY Change -117.49% -641.3% -838.13%
Depreciation, Depletion And Amortization $174.2M $682.8M $169.2M
YoY Change 2.96% 43.23% -6.98%
Cash From Operating Activities $474.5M $2.079B $384.5M
YoY Change 23.41% 38.42% 25.74%
INVESTING ACTIVITIES
Capital Expenditures $177.4M $671.5M $130.7M
YoY Change 35.73% 1.53% -182.1%
Acquisitions $63.70M
YoY Change
Other Investing Activities $4.200M -$170.2M $10.50M
YoY Change -60.0% 4051.22% 337.5%
Cash From Investing Activities -$173.2M -$841.7M -$120.2M
YoY Change 44.09% 34.65% -23.34%
FINANCING ACTIVITIES
Cash Dividend Paid $354.7M
YoY Change 7.71%
Common Stock Issuance & Retirement, Net -$144.7M -$197.9M
YoY Change -484.27%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -252.8M -981.4M -216.7M
YoY Change 16.66% 10.33% 76.75%
NET CHANGE
Cash From Operating Activities 474.5M 2.079B 384.5M
Cash From Investing Activities -173.2M -841.7M -120.2M
Cash From Financing Activities -252.8M -981.4M -216.7M
Net Change In Cash 48.50M 255.9M 47.60M
YoY Change 1.89% -784.22% 80.3%
FREE CASH FLOW
Cash From Operating Activities $474.5M $2.079B $384.5M
Capital Expenditures $177.4M $671.5M $130.7M
Free Cash Flow $297.1M $1.408B $253.8M
YoY Change 17.06% 67.44% -45.42%

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<div style="margin-bottom:8pt;margin-top:8pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our consolidated financial statements are prepared in accordance with U.S. GAAP. These accounting principles require us to make certain estimates, judgments and assumptions. We believe that the estimates, judgments and assumptions used to determine certain amounts that affect the financial statements are reasonable, based on information available at the time they are made. To the extent there are differences between these estimates and actual results, our consolidated financial statements may be materially affected.</span></div>
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AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3100000 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1800000 shares
CY2023Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.41
CY2023Q4 tap Exchangeable Shares Dividends Per Share Cash Paid
ExchangeableSharesDividendsPerShareCashPaid
0.56
CY2023 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.64
CY2023 tap Exchangeable Shares Dividends Per Share Cash Paid
ExchangeableSharesDividendsPerShareCashPaid
2.19
CY2022 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.52
CY2022 tap Exchangeable Shares Dividends Per Share Cash Paid
ExchangeableSharesDividendsPerShareCashPaid
1.95
CY2021 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.68
CY2021 tap Exchangeable Shares Dividends Per Share Cash Paid
ExchangeableSharesDividendsPerShareCashPaid
0.84
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
254900000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
234300000 usd
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
206600000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
12700000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
13200000 usd
CY2023 us-gaap Hosting Arrangement Service Contract Implementation Cost Expense Amortization
HostingArrangementServiceContractImplementationCostExpenseAmortization
7900000 usd
CY2022 us-gaap Hosting Arrangement Service Contract Implementation Cost Expense Amortization
HostingArrangementServiceContractImplementationCostExpenseAmortization
6200000 usd
CY2021 us-gaap Hosting Arrangement Service Contract Implementation Cost Expense Amortization
HostingArrangementServiceContractImplementationCostExpenseAmortization
5200000 usd
CY2023Q4 us-gaap Hosting Arrangement Service Contract Implementation Cost Capitalized Before Accumulated Amortization
HostingArrangementServiceContractImplementationCostCapitalizedBeforeAccumulatedAmortization
56500000 usd
CY2022Q4 us-gaap Hosting Arrangement Service Contract Implementation Cost Capitalized Before Accumulated Amortization
HostingArrangementServiceContractImplementationCostCapitalizedBeforeAccumulatedAmortization
38500000 usd
CY2023Q4 us-gaap Hosting Arrangement Service Contract Implementation Cost Capitalized Accumulated Amortization
HostingArrangementServiceContractImplementationCostCapitalizedAccumulatedAmortization
20800000 usd
CY2022Q4 us-gaap Hosting Arrangement Service Contract Implementation Cost Capitalized Accumulated Amortization
HostingArrangementServiceContractImplementationCostCapitalizedAccumulatedAmortization
12900000 usd
CY2023Q4 us-gaap Hosting Arrangement Service Contract Implementation Cost Capitalized After Accumulated Amortization
HostingArrangementServiceContractImplementationCostCapitalizedAfterAccumulatedAmortization
35700000 usd
CY2022Q4 us-gaap Hosting Arrangement Service Contract Implementation Cost Capitalized After Accumulated Amortization
HostingArrangementServiceContractImplementationCostCapitalizedAfterAccumulatedAmortization
25600000 usd
CY2023 us-gaap Number Of Reporting Units
NumberOfReportingUnits
2 reportingunit
CY2023 tap Longest Remaining Lease Term
LongestRemainingLeaseTerm
P16Y
CY2023 tap Business Acquisition Option To Purchase Shares Ownership Increase Percentage
BusinessAcquisitionOptionToPurchaseSharesOwnershipIncreasePercentage
0.50
CY2023 tap Business Acquisition Option To Purchase Shares Ownership Increase Trading Period
BusinessAcquisitionOptionToPurchaseSharesOwnershipIncreaseTradingPeriod
P90D
CY2023Q4 us-gaap Equity Method Investments
EquityMethodInvestments
222700000 usd
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
96900000 usd
CY2023Q3 tap Variable Interest Entity Qualitative Or Quantitative Information Sale Of Ownership Percentage
VariableInterestEntityQualitativeOrQuantitativeInformationSaleOfOwnershipPercentage
0.575
CY2023Q3 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
-11100000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
3661900000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
4444500000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
4222800000 usd
CY2023 us-gaap Depreciation
Depreciation
475500000 usd
CY2022 us-gaap Depreciation
Depreciation
476700000 usd
CY2023Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
245700000 usd
CY2022Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
269100000 usd
CY2023Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
97400000 usd
CY2022Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
71900000 usd
CY2023Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
275100000 usd
CY2022Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
290400000 usd
CY2023Q4 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
184100000 usd
CY2022Q4 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
161500000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
802300000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
792900000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
8546100000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
7884700000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
4101600000 usd
CY2021 us-gaap Depreciation
Depreciation
568100000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
6152600000 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
845000000.0 usd
CY2022 us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
-15700000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
5291900000 usd
CY2023 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
29200000 usd
CY2023 us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
4200000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
5325300000 usd
CY2022Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
1513300000 usd
CY2023Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
14392400000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1777800000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
12614600000 usd
CY2022Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
14352500000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1552400000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
12800100000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
210800000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
210800000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
192300000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
127800000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
126200000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
207300000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
208100000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
218000000 usd
CY2023Q4 tap Indefinite Lived Intangible Assets Impairment Testing Fair Value In Excess Of Carrying Value Risk Threshold
IndefiniteLivedIntangibleAssetsImpairmentTestingFairValueInExcessOfCarryingValueRiskThreshold
0.15
CY2022Q4 tap Indefinite Lived Intangible Assets Impairment Testing Fair Value In Excess Of Carrying Value Risk Threshold
IndefiniteLivedIntangibleAssetsImpairmentTestingFairValueInExcessOfCarryingValueRiskThreshold
0.150
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
2149800000 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
2068200000 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
316800000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
249200000 usd
CY2023Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
255100000 usd
CY2022Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
239900000 usd
CY2023Q4 us-gaap Interest Payable Current
InterestPayableCurrent
82800000 usd
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
87600000 usd
CY2023Q4 tap Container Liability
ContainerLiability
113200000 usd
CY2022Q4 tap Container Liability
ContainerLiability
116800000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
46900000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
44700000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
216200000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
171900000 usd
CY2023Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
3180800000 usd
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
2978300000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
81300000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
72500000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
73200000 usd
CY2023 tap Finance Lease Cost
FinanceLeaseCost
9500000 usd
CY2022 tap Finance Lease Cost
FinanceLeaseCost
9500000 usd
CY2021 tap Finance Lease Cost
FinanceLeaseCost
10400000 usd
CY2023 us-gaap Lease Cost
LeaseCost
90800000 usd
CY2022 us-gaap Lease Cost
LeaseCost
82000000.0 usd
CY2021 us-gaap Lease Cost
LeaseCost
83600000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
58700000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
52500000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
56800000 usd
CY2023 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
3300000 usd
CY2022 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
3600000 usd
CY2021 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
4500000 usd
CY2023 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
5100000 usd
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
4400000 usd
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
3600000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
115700000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
63900000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
34000000.0 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
1700000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
3800000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
7500000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
200700000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
132700000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
46900000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
44700000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
163900000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
99300000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
210800000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
144000000.0 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
46400000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
50200000 usd
CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
5200000 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
5300000 usd
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
48500000 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
56200000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
53700000 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
61500000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y6M
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.051
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P9Y7M6D
CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.064
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
53600000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
8500000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
46400000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
8100000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
37100000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
11500000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
24600000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
5000000.0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
18700000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
4700000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
90300000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
36500000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
270700000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
74300000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
59900000 usd
CY2023Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
20600000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
210800000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
53700000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
53700000 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
61500000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
35500000 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
39700000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
6202400000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
6541400000 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
890300000 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
376200000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
5312100000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
6165200000 usd
CY2023Q4 us-gaap Other Short Term Borrowings
OtherShortTermBorrowings
21500000 usd
CY2022Q4 us-gaap Other Short Term Borrowings
OtherShortTermBorrowings
20900000 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
890300000 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
376200000 usd
CY2023Q4 us-gaap Debt Current
DebtCurrent
911800000 usd
CY2022Q4 us-gaap Debt Current
DebtCurrent
397100000 usd
CY2022Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
5900000000 usd
CY2023Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
5900000000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
904600000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
2377600000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
0 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
2900000000 usd
CY2023Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
6182200000 usd
CY2023 us-gaap Interest Costs Incurred
InterestCostsIncurred
243400000 usd
CY2022 us-gaap Interest Costs Incurred
InterestCostsIncurred
257400000 usd
CY2021 us-gaap Interest Costs Incurred
InterestCostsIncurred
269100000 usd
CY2023 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
9400000 usd
CY2022 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
6800000 usd
CY2021 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
8800000 usd
CY2023 us-gaap Interest Expense
InterestExpense
234000000.0 usd
CY2022 us-gaap Interest Expense
InterestExpense
250600000 usd
CY2021 us-gaap Interest Expense
InterestExpense
260300000 usd
CY2023 tap Maximum Lengthoftime Hedged Economic Hedges
MaximumLengthoftimeHedgedEconomicHedges
P60M
CY2023 us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
-3000000 usd
CY2023 tap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Month Term Period
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonthTermPeriod
P12M
CY2023 tap Maximum Length Of Time Forecasted Transactions Are Hedged In Cash Flow Hedge
MaximumLengthOfTimeForecastedTransactionsAreHedgedInCashFlowHedge
P3Y
CY2023 us-gaap Multiemployer Plan Pension Significant Plan Contribution
MultiemployerPlanPensionSignificantPlanContribution
4100000 usd
CY2022 us-gaap Multiemployer Plan Pension Significant Plan Contribution
MultiemployerPlanPensionSignificantPlanContribution
3600000 usd
CY2021 us-gaap Multiemployer Plan Pension Significant Plan Contribution
MultiemployerPlanPensionSignificantPlanContribution
7100000 usd
CY2023 tap Prescription Drug Benefit Amount Paid
PrescriptionDrugBenefitAmountPaid
31200000 usd
CY2022 tap Prescription Drug Benefit Amount Paid
PrescriptionDrugBenefitAmountPaid
33000000 usd
CY2021 tap Prescription Drug Benefit Amount Paid
PrescriptionDrugBenefitAmountPaid
33800000 usd
CY2022Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
3456300000 usd
CY2021Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
5744500000 usd
CY2023 tap Defined Benefit Plan Change In Benefit Obligation Service Cost Net Of Expected Employee Contribution
DefinedBenefitPlanChangeInBenefitObligationServiceCostNetOfExpectedEmployeeContribution
3900000 usd
CY2022 tap Defined Benefit Plan Change In Benefit Obligation Service Cost Net Of Expected Employee Contribution
DefinedBenefitPlanChangeInBenefitObligationServiceCostNetOfExpectedEmployeeContribution
6500000 usd
CY2023 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
162900000 usd
CY2022 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
120000000.0 usd
CY2023 us-gaap Defined Benefit Plan Benefit Obligation Contributions By Plan Participant
DefinedBenefitPlanBenefitObligationContributionsByPlanParticipant
300000 usd
CY2022 us-gaap Defined Benefit Plan Benefit Obligation Contributions By Plan Participant
DefinedBenefitPlanBenefitObligationContributionsByPlanParticipant
300000 usd
CY2023 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-39300000 usd
CY2022 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
1325600000 usd
CY2023 us-gaap Defined Benefit Plan Plan Amendments
DefinedBenefitPlanPlanAmendments
0 usd
CY2022 us-gaap Defined Benefit Plan Plan Amendments
DefinedBenefitPlanPlanAmendments
-100000 usd
CY2023 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
DefinedBenefitPlanBenefitObligationBenefitsPaid
263200000 usd
CY2022 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
DefinedBenefitPlanBenefitObligationBenefitsPaid
302500000 usd
CY2023 tap Defined Benefit Plan Benefit Obligation Increase Decrease For Curtailment Settlement And Termination Benefits
DefinedBenefitPlanBenefitObligationIncreaseDecreaseForCurtailmentSettlementAndTerminationBenefits
0 usd
CY2022 tap Defined Benefit Plan Benefit Obligation Increase Decrease For Curtailment Settlement And Termination Benefits
DefinedBenefitPlanBenefitObligationIncreaseDecreaseForCurtailmentSettlementAndTerminationBenefits
460400000 usd
CY2023 us-gaap Defined Benefit Plan Foreign Currency Exchange Rate Changes Benefit Obligation
DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation
-89200000 usd
CY2022 us-gaap Defined Benefit Plan Foreign Currency Exchange Rate Changes Benefit Obligation
DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation
326400000 usd
CY2023Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
3488700000 usd
CY2022Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
3456300000 usd
CY2022Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
3336800000 usd
CY2021Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
5667500000 usd
CY2023 us-gaap Defined Benefit Plan Actual Return On Plan Assets
DefinedBenefitPlanActualReturnOnPlanAssets
188700000 usd
CY2022 us-gaap Defined Benefit Plan Actual Return On Plan Assets
DefinedBenefitPlanActualReturnOnPlanAssets
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CY2023 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
35300000 usd
CY2022 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
38200000 usd
CY2023 us-gaap Defined Benefit Plan Benefit Obligation Contributions By Plan Participant
DefinedBenefitPlanBenefitObligationContributionsByPlanParticipant
300000 usd
CY2022 us-gaap Defined Benefit Plan Benefit Obligation Contributions By Plan Participant
DefinedBenefitPlanBenefitObligationContributionsByPlanParticipant
300000 usd
CY2023 tap Defined Benefit Plan Plan Assets Increase Decrease For Curtailment Settlement And Termination Benefits
DefinedBenefitPlanPlanAssetsIncreaseDecreaseForCurtailmentSettlementAndTerminationBenefits
0 usd
CY2022 tap Defined Benefit Plan Plan Assets Increase Decrease For Curtailment Settlement And Termination Benefits
DefinedBenefitPlanPlanAssetsIncreaseDecreaseForCurtailmentSettlementAndTerminationBenefits
460600000 usd
CY2023 us-gaap Defined Benefit Plan Plan Assets Benefits Paid
DefinedBenefitPlanPlanAssetsBenefitsPaid
263200000 usd
CY2022 us-gaap Defined Benefit Plan Plan Assets Benefits Paid
DefinedBenefitPlanPlanAssetsBenefitsPaid
302500000 usd
CY2023 us-gaap Defined Benefit Plan Plan Assets Foreign Currency Translation Gain Loss
DefinedBenefitPlanPlanAssetsForeignCurrencyTranslationGainLoss
99000000.0 usd
CY2022 us-gaap Defined Benefit Plan Plan Assets Foreign Currency Translation Gain Loss
DefinedBenefitPlanPlanAssetsForeignCurrencyTranslationGainLoss
-333200000 usd
CY2023Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
3396900000 usd
CY2022Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
3336800000 usd
CY2023Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
-91800000 usd
CY2022Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
-119500000 usd
CY2023Q4 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
416900000 usd
CY2022Q4 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
397200000 usd
CY2023Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
42900000 usd
CY2022Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
43400000 usd
CY2023Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
465800000 usd
CY2022Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
473300000 usd
CY2023Q4 us-gaap Defined Benefit Plan Amounts Recognized In Balance Sheet
DefinedBenefitPlanAmountsRecognizedInBalanceSheet
-91800000 usd
CY2022Q4 us-gaap Defined Benefit Plan Amounts Recognized In Balance Sheet
DefinedBenefitPlanAmountsRecognizedInBalanceSheet
-119500000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
1307500000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-233500000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-290900000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
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CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1252500000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-62500000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1239000000 usd
CY2023Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax
-512900000 usd
CY2022Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax
-488200000 usd
CY2023Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Prior Service Cost Credit Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax
7700000 usd
CY2022Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Prior Service Cost Credit Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax
8900000 usd
CY2023Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax
520600000 usd
CY2022Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax
497100000 usd
CY2023 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
76800000 usd
CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
73000000 usd
CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
77800000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
1486000000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
228400000 usd
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
200700000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
146100000 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
43500000 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
22100000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
22300000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
7100000 usd
CY2023 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
37300000 usd
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
-17200000 usd
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
-1000000.0 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
260100000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
151200000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
49600000 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
75000000.0 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
56400000 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
163500000 usd
CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
27800000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-26200000 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
70400000 usd
CY2023 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-66800000 usd
CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-57400000 usd
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-53000000.0 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
36000000.0 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-27200000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
180900000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
296100000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
124000000.0 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
230500000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
263000000.0 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-13100000 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
260200000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.024
CY2023 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
30600000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.061
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-3800000 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.047
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
57800000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.024
CY2023 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-30500000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.926
CY2022 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-57900000 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.055
CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-68300000 usd
CY2023 tap Effective Income Tax Rate Reconciliation Foreign Income Tax Law Percent
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxLawPercent
0.009
CY2023 tap Effective Income Tax Rate Reconciliation Foreign Income Tax Law Amount
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxLawAmount
11500000 usd
CY2022 tap Effective Income Tax Rate Reconciliation Foreign Income Tax Law Percent
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxLawPercent
-0.008
CY2022 tap Effective Income Tax Rate Reconciliation Foreign Income Tax Law Amount
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxLawAmount
500000 usd
CY2021 tap Effective Income Tax Rate Reconciliation Foreign Income Tax Law Percent
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxLawPercent
0.016
CY2021 tap Effective Income Tax Rate Reconciliation Foreign Income Tax Law Amount
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxLawAmount
19600000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
0.008
CY2023 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
9500000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
-0.205
CY2022 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
12800000 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
-0.062
CY2021 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
-76300000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.002
CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
2500000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.011
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-700000 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.001
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-1100000 usd
CY2023 tap Effective Income Tax Rate Reconciliation Acquisitionrelated Permanent Items Percent
EffectiveIncomeTaxRateReconciliationAcquisitionrelatedPermanentItemsPercent
0
CY2023 tap Effective Income Tax Rate Reconciliation Acquisition Related Permanent Items Amount
EffectiveIncomeTaxRateReconciliationAcquisitionRelatedPermanentItemsAmount
0 usd
CY2022 tap Effective Income Tax Rate Reconciliation Acquisitionrelated Permanent Items Percent
EffectiveIncomeTaxRateReconciliationAcquisitionrelatedPermanentItemsPercent
-2.870
CY2022 tap Effective Income Tax Rate Reconciliation Acquisition Related Permanent Items Amount
EffectiveIncomeTaxRateReconciliationAcquisitionRelatedPermanentItemsAmount
179300000 usd
CY2021 tap Effective Income Tax Rate Reconciliation Acquisitionrelated Permanent Items Percent
EffectiveIncomeTaxRateReconciliationAcquisitionrelatedPermanentItemsPercent
-0.002
CY2021 tap Effective Income Tax Rate Reconciliation Acquisition Related Permanent Items Amount
EffectiveIncomeTaxRateReconciliationAcquisitionRelatedPermanentItemsAmount
-2900000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.007
CY2023 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
9500000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.109
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
6900000 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.033
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
41500000 usd
CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.236
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
296100000 usd
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-1.984
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
124000000.0 usd
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.186
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
230500000 usd
CY2021Q3 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
-73000000 usd
CY2021Q2 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
18000000 usd
CY2023Q4 tap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits1
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits1
43200000 usd
CY2022Q4 tap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits1
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits1
44700000 usd
CY2023Q4 tap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits1
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits1
23700000 usd
CY2022Q4 tap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits1
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits1
33700000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
36000000.0 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
39000000.0 usd
CY2023Q4 tap Deferred Tax Assets Tax Loss Carryforwards
DeferredTaxAssetsTaxLossCarryforwards
312800000 usd
CY2022Q4 tap Deferred Tax Assets Tax Loss Carryforwards
DeferredTaxAssetsTaxLossCarryforwards
291100000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
202500000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
149000000.0 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
61900000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
57200000 usd
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
556300000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
500300000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
354900000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
358900000 usd
CY2023Q4 tap Deferred Tax Liabilities Partnership Investments
DeferredTaxLiabilitiesPartnershipInvestments
38700000 usd
CY2022Q4 tap Deferred Tax Liabilities Partnership Investments
DeferredTaxLiabilitiesPartnershipInvestments
33200000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
2679900000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
2563200000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Derivatives
DeferredTaxLiabilitiesDerivatives
12200000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Derivatives
DeferredTaxLiabilitiesDerivatives
31500000 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
3085700000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
2986800000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
2529400000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
2486500000 usd
CY2023Q4 tap Domestic Net Noncurrent Deferred Tax Liabilities
DomesticNetNoncurrentDeferredTaxLiabilities
2029700000 usd
CY2022Q4 tap Domestic Net Noncurrent Deferred Tax Liabilities
DomesticNetNoncurrentDeferredTaxLiabilities
1927700000 usd
CY2023Q4 tap Deferred Tax Assets Net Noncurrent Foreign
DeferredTaxAssetsNetNoncurrentForeign
123700000 usd
CY2022Q4 tap Deferred Tax Assets Net Noncurrent Foreign
DeferredTaxAssetsNetNoncurrentForeign
125800000 usd
CY2023Q4 tap Deferred Tax Liabilities Net Noncurrent Foreign
DeferredTaxLiabilitiesNetNoncurrentForeign
623400000 usd
CY2022Q4 tap Deferred Tax Liabilities Net Noncurrent Foreign
DeferredTaxLiabilitiesNetNoncurrentForeign
684600000 usd
CY2023Q4 tap Deferred Tax Liabilities Net Noncurrent Foreign Domestic
DeferredTaxLiabilitiesNetNoncurrentForeignDomestic
2529400000 usd
CY2022Q4 tap Deferred Tax Liabilities Net Noncurrent Foreign Domestic
DeferredTaxLiabilitiesNetNoncurrentForeignDomestic
2486500000 usd
CY2023Q4 us-gaap Deferred Tax Liability Not Recognized Amount Of Unrecognized Deferred Tax Liability Undistributed Earnings Of Foreign Subsidiaries
DeferredTaxLiabilityNotRecognizedAmountOfUnrecognizedDeferredTaxLiabilityUndistributedEarningsOfForeignSubsidiaries
44100000 usd
CY2022Q4 us-gaap Deferred Tax Liability Not Recognized Amount Of Unrecognized Deferred Tax Liability Undistributed Earnings Of Foreign Subsidiaries
DeferredTaxLiabilityNotRecognizedAmountOfUnrecognizedDeferredTaxLiabilityUndistributedEarningsOfForeignSubsidiaries
34000000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
39300000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
28000000.0 usd
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
235700000 usd
CY2023 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
12900000 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
15900000 usd
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
28600000 usd
CY2023 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
800000 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
1900000 usd
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 usd
CY2023 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions
2000000.0 usd
CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions
0 usd
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions
24100000 usd
CY2023 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1700000 usd
CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 usd
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
48900000 usd
CY2023 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 usd
CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
3700000 usd
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
161800000 usd
CY2023 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
700000 usd
CY2022 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
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