Income Taxes (Notes)

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

Income Tax Disclosure [Text Block]

As of December 31, 2023, there were $918.1 of loss carryforwards. These loss carryforwards were all non-U.S. tax loss carryforwards, of which $834.3 have unlimited carryforward periods and $83.8 have expiration periods from 2024 to 2043. As of December 31, 2023, the Company also had $22.9 in deferred tax assets for state net operating loss carryforwards and tax credit carryforwards, which will expire between 2024 and 2044.

As of December 31, 2023 and 2022, we had $1,633.6 and $1,496.9, respectively, of undistributed earnings attributable to foreign subsidiaries. The Company has historically asserted that its unremitted foreign earnings are permanently reinvested, and therefore has not recorded any deferred taxes on such amounts. It is not practicable to determine the deferred tax on these undistributed earnings because such liability, if any, is dependent on circumstances that exist if and when a remittance occurs, including the source location and amount of the distribution and foreign withholding taxes.