Valuation and Qualifying Accounts and Reserves

12 Months Ended

Dec. 31, 2024

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Valuation and Qualifying Accounts and Reserves

Valuation and Qualifying Accounts and Reserves

(dollars in millions)	Balance at beginning of period		(Charges) Income		Deductions from (increases to) reserves and other (1)		Balance at end of period
Reserves against accounts receivable:
2024	$	(12.6)	$	(0.8)	$	3.1	$	(10.3)
2023	(14.4)		(0.1)		1.9		(12.6)
2022	(12.2)		(3.2)		1.0		(14.4)

(dollars in millions)	Balance at beginning of period		(Charges) Income		Deductions from (increases to) reserves and other (1)		Balance at end of period
Valuation allowances against deferred tax assets:
2024	$	(143.6)	$	78.3	$	(4.2)	$	(69.5)
2023	(153.2)		21.8		(12.2)		(143.6)
2022	(151.4)		5.1		(6.9)		(153.2)

(1)Other activity consists primarily of currency translation effects. For 2024 other activity included $1.0 million of reserves against accounts receivable transferred to held for sale. See Note 5, Held for Sale, to the Consolidated Financial Statements for further information.