Valuation and Qualifying Accounts and Reserves

12 Months Ended

Dec. 31, 2025

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, 2023, 2024 and 2025

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		Other		Balance at End of Year
Allowances for doubtful accounts receivable:
Year 2023	$	14.3	$	(0.2)	$	(2.5)	$	—	$	11.6
Year 2024	$	11.6	$	1.3	$	(1.6)	$	—	$	11.3
Year 2025	$	11.3	$	2.0	$	(1.5)	$	2.1	$	13.9
Allowance for credit memos, returns and cash discounts:
Year 2023	$	44.1	$	365.5	$	(371.4)	$	—	$	38.2
Year 2024	$	38.2	$	356.7	$	(359.7)	$	—	$	35.2
Year 2025	$	35.2	$	369.0	$	(366.1)	$	—	$	38.1
Valuation allowance on deferred tax assets:
Year 2023	$	32.2	$	5.2	$	—	$	—	$	37.4
Year 2024	$	37.4	$	(0.6)	$	(2.7)	$	—	$	34.1
Year 2025	$	34.1	$	(0.9)	$	(13.5)	$	—	$	19.7