Valuation and Qualifying Accounts and Reserves

12 Months Ended

Dec. 31, 2023

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

Valuation and Qualifying Accounts and Reserves

Valuation and Qualifying Accounts and Reserves for the Years Ended December 31, 2021, 2022 and 2023

Reserves deducted in the balance sheet from the assets to which they apply (in millions):

 

	Balance at Beginning of Year		Additions / (Reversals) Charged to Costs and Expenses		Deductions		Balance at End of Year
Allowances for doubtful accounts receivable:
Year 2021	$	10.6	$	2.0	$	(2.0)	$	10.6
Year 2022	$	10.6	$	7.2	$	(3.5)	$	14.3
Year 2023	$	14.3	$	(0.2)	$	(2.5)	$	11.6
Allowance for credit memos, returns and cash discounts:
Year 2021	$	31.9	$	296.5	$	(293.7)	$	34.7
Year 2022	$	34.7	$	365.1	$	(355.7)	$	44.1
Year 2023	$	44.1	$	365.5	$	(371.4)	$	38.2
Valuation allowance on deferred tax assets:
Year 2021	$	29.5	$	3.1	$	—	$	32.6
Year 2022	$	32.6	$	(0.4)	$	—	$	32.2
Year 2023	$	32.2	$	5.2	$	—	$	37.4