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The weighted average grant-date fair value of the restricted stock units granted during the years ended 2024, 2023, and 2022 was $ 1,260.96 , $ 1,029.48 , and $ 1,230.18 per unit, respectively, which primarily vest ratably over a five-year period. The total fair value of the restricted stock units on the date of grant was $ 12.2 million for 2024, $ 12.8 million for 2023, and $ 10.8 million for 2022 and will be recorded as compensation expense on a straight-line basis over the vesting period. The total fair value of restricted stock units vested during the years ended December 31, 2024, 2023, and 2022 was approximately $ 8.7 million, $ 8.6 million, and $ 8.2 million, respectively. Approximately $ 8.3 million, $ 8.8 million, and $ 7.9 million of compensation expense was recognized during the years ended December 31, 2024, 2023, and 2022, respectively. | text | 1029.48 | perShareItemType | text: <entity> 1029.48 </entity> <entity type> perShareItemType </entity type> <context> The weighted average grant-date fair value of the restricted stock units granted during the years ended 2024, 2023, and 2022 was $ 1,260.96 , $ 1,029.48 , and $ 1,230.18 per unit, respectively, which primarily vest ratably over a five-year period. The total fair value of the restricted stock units on the date of grant was $ 12.2 million for 2024, $ 12.8 million for 2023, and $ 10.8 million for 2022 and will be recorded as compensation expense on a straight-line basis over the vesting period. The total fair value of restricted stock units vested during the years ended December 31, 2024, 2023, and 2022 was approximately $ 8.7 million, $ 8.6 million, and $ 8.2 million, respectively. Approximately $ 8.3 million, $ 8.8 million, and $ 7.9 million of compensation expense was recognized during the years ended December 31, 2024, 2023, and 2022, respectively. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue |
The weighted average grant-date fair value of the restricted stock units granted during the years ended 2024, 2023, and 2022 was $ 1,260.96 , $ 1,029.48 , and $ 1,230.18 per unit, respectively, which primarily vest ratably over a five-year period. The total fair value of the restricted stock units on the date of grant was $ 12.2 million for 2024, $ 12.8 million for 2023, and $ 10.8 million for 2022 and will be recorded as compensation expense on a straight-line basis over the vesting period. The total fair value of restricted stock units vested during the years ended December 31, 2024, 2023, and 2022 was approximately $ 8.7 million, $ 8.6 million, and $ 8.2 million, respectively. Approximately $ 8.3 million, $ 8.8 million, and $ 7.9 million of compensation expense was recognized during the years ended December 31, 2024, 2023, and 2022, respectively. | text | 1230.18 | perShareItemType | text: <entity> 1230.18 </entity> <entity type> perShareItemType </entity type> <context> The weighted average grant-date fair value of the restricted stock units granted during the years ended 2024, 2023, and 2022 was $ 1,260.96 , $ 1,029.48 , and $ 1,230.18 per unit, respectively, which primarily vest ratably over a five-year period. The total fair value of the restricted stock units on the date of grant was $ 12.2 million for 2024, $ 12.8 million for 2023, and $ 10.8 million for 2022 and will be recorded as compensation expense on a straight-line basis over the vesting period. The total fair value of restricted stock units vested during the years ended December 31, 2024, 2023, and 2022 was approximately $ 8.7 million, $ 8.6 million, and $ 8.2 million, respectively. Approximately $ 8.3 million, $ 8.8 million, and $ 7.9 million of compensation expense was recognized during the years ended December 31, 2024, 2023, and 2022, respectively. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue |
The weighted average grant-date fair value of the restricted stock units granted during the years ended 2024, 2023, and 2022 was $ 1,260.96 , $ 1,029.48 , and $ 1,230.18 per unit, respectively, which primarily vest ratably over a five-year period. The total fair value of the restricted stock units on the date of grant was $ 12.2 million for 2024, $ 12.8 million for 2023, and $ 10.8 million for 2022 and will be recorded as compensation expense on a straight-line basis over the vesting period. The total fair value of restricted stock units vested during the years ended December 31, 2024, 2023, and 2022 was approximately $ 8.7 million, $ 8.6 million, and $ 8.2 million, respectively. Approximately $ 8.3 million, $ 8.8 million, and $ 7.9 million of compensation expense was recognized during the years ended December 31, 2024, 2023, and 2022, respectively. | text | 12.2 | perShareItemType | text: <entity> 12.2 </entity> <entity type> perShareItemType </entity type> <context> The weighted average grant-date fair value of the restricted stock units granted during the years ended 2024, 2023, and 2022 was $ 1,260.96 , $ 1,029.48 , and $ 1,230.18 per unit, respectively, which primarily vest ratably over a five-year period. The total fair value of the restricted stock units on the date of grant was $ 12.2 million for 2024, $ 12.8 million for 2023, and $ 10.8 million for 2022 and will be recorded as compensation expense on a straight-line basis over the vesting period. The total fair value of restricted stock units vested during the years ended December 31, 2024, 2023, and 2022 was approximately $ 8.7 million, $ 8.6 million, and $ 8.2 million, respectively. Approximately $ 8.3 million, $ 8.8 million, and $ 7.9 million of compensation expense was recognized during the years ended December 31, 2024, 2023, and 2022, respectively. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodIntrinsicValue |
The weighted average grant-date fair value of the restricted stock units granted during the years ended 2024, 2023, and 2022 was $ 1,260.96 , $ 1,029.48 , and $ 1,230.18 per unit, respectively, which primarily vest ratably over a five-year period. The total fair value of the restricted stock units on the date of grant was $ 12.2 million for 2024, $ 12.8 million for 2023, and $ 10.8 million for 2022 and will be recorded as compensation expense on a straight-line basis over the vesting period. The total fair value of restricted stock units vested during the years ended December 31, 2024, 2023, and 2022 was approximately $ 8.7 million, $ 8.6 million, and $ 8.2 million, respectively. Approximately $ 8.3 million, $ 8.8 million, and $ 7.9 million of compensation expense was recognized during the years ended December 31, 2024, 2023, and 2022, respectively. | text | 12.8 | perShareItemType | text: <entity> 12.8 </entity> <entity type> perShareItemType </entity type> <context> The weighted average grant-date fair value of the restricted stock units granted during the years ended 2024, 2023, and 2022 was $ 1,260.96 , $ 1,029.48 , and $ 1,230.18 per unit, respectively, which primarily vest ratably over a five-year period. The total fair value of the restricted stock units on the date of grant was $ 12.2 million for 2024, $ 12.8 million for 2023, and $ 10.8 million for 2022 and will be recorded as compensation expense on a straight-line basis over the vesting period. The total fair value of restricted stock units vested during the years ended December 31, 2024, 2023, and 2022 was approximately $ 8.7 million, $ 8.6 million, and $ 8.2 million, respectively. Approximately $ 8.3 million, $ 8.8 million, and $ 7.9 million of compensation expense was recognized during the years ended December 31, 2024, 2023, and 2022, respectively. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodIntrinsicValue |
The weighted average grant-date fair value of the restricted stock units granted during the years ended 2024, 2023, and 2022 was $ 1,260.96 , $ 1,029.48 , and $ 1,230.18 per unit, respectively, which primarily vest ratably over a five-year period. The total fair value of the restricted stock units on the date of grant was $ 12.2 million for 2024, $ 12.8 million for 2023, and $ 10.8 million for 2022 and will be recorded as compensation expense on a straight-line basis over the vesting period. The total fair value of restricted stock units vested during the years ended December 31, 2024, 2023, and 2022 was approximately $ 8.7 million, $ 8.6 million, and $ 8.2 million, respectively. Approximately $ 8.3 million, $ 8.8 million, and $ 7.9 million of compensation expense was recognized during the years ended December 31, 2024, 2023, and 2022, respectively. | text | 10.8 | perShareItemType | text: <entity> 10.8 </entity> <entity type> perShareItemType </entity type> <context> The weighted average grant-date fair value of the restricted stock units granted during the years ended 2024, 2023, and 2022 was $ 1,260.96 , $ 1,029.48 , and $ 1,230.18 per unit, respectively, which primarily vest ratably over a five-year period. The total fair value of the restricted stock units on the date of grant was $ 12.2 million for 2024, $ 12.8 million for 2023, and $ 10.8 million for 2022 and will be recorded as compensation expense on a straight-line basis over the vesting period. The total fair value of restricted stock units vested during the years ended December 31, 2024, 2023, and 2022 was approximately $ 8.7 million, $ 8.6 million, and $ 8.2 million, respectively. Approximately $ 8.3 million, $ 8.8 million, and $ 7.9 million of compensation expense was recognized during the years ended December 31, 2024, 2023, and 2022, respectively. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodIntrinsicValue |
The weighted average grant-date fair value of the restricted stock units granted during the years ended 2024, 2023, and 2022 was $ 1,260.96 , $ 1,029.48 , and $ 1,230.18 per unit, respectively, which primarily vest ratably over a five-year period. The total fair value of the restricted stock units on the date of grant was $ 12.2 million for 2024, $ 12.8 million for 2023, and $ 10.8 million for 2022 and will be recorded as compensation expense on a straight-line basis over the vesting period. The total fair value of restricted stock units vested during the years ended December 31, 2024, 2023, and 2022 was approximately $ 8.7 million, $ 8.6 million, and $ 8.2 million, respectively. Approximately $ 8.3 million, $ 8.8 million, and $ 7.9 million of compensation expense was recognized during the years ended December 31, 2024, 2023, and 2022, respectively. | text | 8.7 | monetaryItemType | text: <entity> 8.7 </entity> <entity type> monetaryItemType </entity type> <context> The weighted average grant-date fair value of the restricted stock units granted during the years ended 2024, 2023, and 2022 was $ 1,260.96 , $ 1,029.48 , and $ 1,230.18 per unit, respectively, which primarily vest ratably over a five-year period. The total fair value of the restricted stock units on the date of grant was $ 12.2 million for 2024, $ 12.8 million for 2023, and $ 10.8 million for 2022 and will be recorded as compensation expense on a straight-line basis over the vesting period. The total fair value of restricted stock units vested during the years ended December 31, 2024, 2023, and 2022 was approximately $ 8.7 million, $ 8.6 million, and $ 8.2 million, respectively. Approximately $ 8.3 million, $ 8.8 million, and $ 7.9 million of compensation expense was recognized during the years ended December 31, 2024, 2023, and 2022, respectively. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue |
The weighted average grant-date fair value of the restricted stock units granted during the years ended 2024, 2023, and 2022 was $ 1,260.96 , $ 1,029.48 , and $ 1,230.18 per unit, respectively, which primarily vest ratably over a five-year period. The total fair value of the restricted stock units on the date of grant was $ 12.2 million for 2024, $ 12.8 million for 2023, and $ 10.8 million for 2022 and will be recorded as compensation expense on a straight-line basis over the vesting period. The total fair value of restricted stock units vested during the years ended December 31, 2024, 2023, and 2022 was approximately $ 8.7 million, $ 8.6 million, and $ 8.2 million, respectively. Approximately $ 8.3 million, $ 8.8 million, and $ 7.9 million of compensation expense was recognized during the years ended December 31, 2024, 2023, and 2022, respectively. | text | 8.6 | monetaryItemType | text: <entity> 8.6 </entity> <entity type> monetaryItemType </entity type> <context> The weighted average grant-date fair value of the restricted stock units granted during the years ended 2024, 2023, and 2022 was $ 1,260.96 , $ 1,029.48 , and $ 1,230.18 per unit, respectively, which primarily vest ratably over a five-year period. The total fair value of the restricted stock units on the date of grant was $ 12.2 million for 2024, $ 12.8 million for 2023, and $ 10.8 million for 2022 and will be recorded as compensation expense on a straight-line basis over the vesting period. The total fair value of restricted stock units vested during the years ended December 31, 2024, 2023, and 2022 was approximately $ 8.7 million, $ 8.6 million, and $ 8.2 million, respectively. Approximately $ 8.3 million, $ 8.8 million, and $ 7.9 million of compensation expense was recognized during the years ended December 31, 2024, 2023, and 2022, respectively. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue |
The weighted average grant-date fair value of the restricted stock units granted during the years ended 2024, 2023, and 2022 was $ 1,260.96 , $ 1,029.48 , and $ 1,230.18 per unit, respectively, which primarily vest ratably over a five-year period. The total fair value of the restricted stock units on the date of grant was $ 12.2 million for 2024, $ 12.8 million for 2023, and $ 10.8 million for 2022 and will be recorded as compensation expense on a straight-line basis over the vesting period. The total fair value of restricted stock units vested during the years ended December 31, 2024, 2023, and 2022 was approximately $ 8.7 million, $ 8.6 million, and $ 8.2 million, respectively. Approximately $ 8.3 million, $ 8.8 million, and $ 7.9 million of compensation expense was recognized during the years ended December 31, 2024, 2023, and 2022, respectively. | text | 8.2 | monetaryItemType | text: <entity> 8.2 </entity> <entity type> monetaryItemType </entity type> <context> The weighted average grant-date fair value of the restricted stock units granted during the years ended 2024, 2023, and 2022 was $ 1,260.96 , $ 1,029.48 , and $ 1,230.18 per unit, respectively, which primarily vest ratably over a five-year period. The total fair value of the restricted stock units on the date of grant was $ 12.2 million for 2024, $ 12.8 million for 2023, and $ 10.8 million for 2022 and will be recorded as compensation expense on a straight-line basis over the vesting period. The total fair value of restricted stock units vested during the years ended December 31, 2024, 2023, and 2022 was approximately $ 8.7 million, $ 8.6 million, and $ 8.2 million, respectively. Approximately $ 8.3 million, $ 8.8 million, and $ 7.9 million of compensation expense was recognized during the years ended December 31, 2024, 2023, and 2022, respectively. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue |
At December 31, 2024, a total of 2,841,580 shares of common stock were available for grant in the form of stock options, restricted stock units, or performance share units. | text | 2841580 | sharesItemType | text: <entity> 2841580 </entity> <entity type> sharesItemType </entity type> <context> At December 31, 2024, a total of 2,841,580 shares of common stock were available for grant in the form of stock options, restricted stock units, or performance share units. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant |
As of December 31, 2024, the unrecorded deferred share-based compensation balance related to stock options, restricted stock units, and performance share units was $ 35.7 million and will be recognized using a straight-line method over an estimated weighted average amortization period of 2.0 years. | text | 35.7 | monetaryItemType | text: <entity> 35.7 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, the unrecorded deferred share-based compensation balance related to stock options, restricted stock units, and performance share units was $ 35.7 million and will be recognized using a straight-line method over an estimated weighted average amortization period of 2.0 years. </context> | us-gaap:DeferredCompensationLiabilityCurrentAndNoncurrent |
Certain subsidiaries sponsor defined contribution plans. Benefits are determined and funded annually based upon the terms of the plans. Amounts recognized as cost under these plans amounted to $ 18.7 million, $ 20.1 million, and $ 22.9 million for the years ended December 31, 2024, 2023, and 2022, respectively. | text | 18.7 | monetaryItemType | text: <entity> 18.7 </entity> <entity type> monetaryItemType </entity type> <context> Certain subsidiaries sponsor defined contribution plans. Benefits are determined and funded annually based upon the terms of the plans. Amounts recognized as cost under these plans amounted to $ 18.7 million, $ 20.1 million, and $ 22.9 million for the years ended December 31, 2024, 2023, and 2022, respectively. </context> | us-gaap:DefinedContributionPlanCostRecognized |
Certain subsidiaries sponsor defined contribution plans. Benefits are determined and funded annually based upon the terms of the plans. Amounts recognized as cost under these plans amounted to $ 18.7 million, $ 20.1 million, and $ 22.9 million for the years ended December 31, 2024, 2023, and 2022, respectively. | text | 20.1 | monetaryItemType | text: <entity> 20.1 </entity> <entity type> monetaryItemType </entity type> <context> Certain subsidiaries sponsor defined contribution plans. Benefits are determined and funded annually based upon the terms of the plans. Amounts recognized as cost under these plans amounted to $ 18.7 million, $ 20.1 million, and $ 22.9 million for the years ended December 31, 2024, 2023, and 2022, respectively. </context> | us-gaap:DefinedContributionPlanCostRecognized |
Certain subsidiaries sponsor defined contribution plans. Benefits are determined and funded annually based upon the terms of the plans. Amounts recognized as cost under these plans amounted to $ 18.7 million, $ 20.1 million, and $ 22.9 million for the years ended December 31, 2024, 2023, and 2022, respectively. | text | 22.9 | monetaryItemType | text: <entity> 22.9 </entity> <entity type> monetaryItemType </entity type> <context> Certain subsidiaries sponsor defined contribution plans. Benefits are determined and funded annually based upon the terms of the plans. Amounts recognized as cost under these plans amounted to $ 18.7 million, $ 20.1 million, and $ 22.9 million for the years ended December 31, 2024, 2023, and 2022, respectively. </context> | us-gaap:DefinedContributionPlanCostRecognized |
The accumulated benefit obligations at December 31, 2024 and 2023 were $ 99.9 million and $ 108.5 million, respectively, for the U.S. defined benefit pension plan and $ 781.1 million and $ 775.1 million, respectively, for all non-U.S. plans. Certain of the plans included within non-U.S. pension benefits have accumulated benefit obligations which exceed the fair value of plan assets. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2024 were $ 146.0 million, $ 118.0 million, and $ 51.1 million, respectively. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2023 were $ 137.5 million, $ 126.5 million, and $ 28.2 million, respectively. | text | 99.9 | monetaryItemType | text: <entity> 99.9 </entity> <entity type> monetaryItemType </entity type> <context> The accumulated benefit obligations at December 31, 2024 and 2023 were $ 99.9 million and $ 108.5 million, respectively, for the U.S. defined benefit pension plan and $ 781.1 million and $ 775.1 million, respectively, for all non-U.S. plans. Certain of the plans included within non-U.S. pension benefits have accumulated benefit obligations which exceed the fair value of plan assets. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2024 were $ 146.0 million, $ 118.0 million, and $ 51.1 million, respectively. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2023 were $ 137.5 million, $ 126.5 million, and $ 28.2 million, respectively. </context> | us-gaap:DefinedBenefitPlanAccumulatedBenefitObligation |
The accumulated benefit obligations at December 31, 2024 and 2023 were $ 99.9 million and $ 108.5 million, respectively, for the U.S. defined benefit pension plan and $ 781.1 million and $ 775.1 million, respectively, for all non-U.S. plans. Certain of the plans included within non-U.S. pension benefits have accumulated benefit obligations which exceed the fair value of plan assets. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2024 were $ 146.0 million, $ 118.0 million, and $ 51.1 million, respectively. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2023 were $ 137.5 million, $ 126.5 million, and $ 28.2 million, respectively. | text | 108.5 | monetaryItemType | text: <entity> 108.5 </entity> <entity type> monetaryItemType </entity type> <context> The accumulated benefit obligations at December 31, 2024 and 2023 were $ 99.9 million and $ 108.5 million, respectively, for the U.S. defined benefit pension plan and $ 781.1 million and $ 775.1 million, respectively, for all non-U.S. plans. Certain of the plans included within non-U.S. pension benefits have accumulated benefit obligations which exceed the fair value of plan assets. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2024 were $ 146.0 million, $ 118.0 million, and $ 51.1 million, respectively. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2023 were $ 137.5 million, $ 126.5 million, and $ 28.2 million, respectively. </context> | us-gaap:DefinedBenefitPlanAccumulatedBenefitObligation |
The accumulated benefit obligations at December 31, 2024 and 2023 were $ 99.9 million and $ 108.5 million, respectively, for the U.S. defined benefit pension plan and $ 781.1 million and $ 775.1 million, respectively, for all non-U.S. plans. Certain of the plans included within non-U.S. pension benefits have accumulated benefit obligations which exceed the fair value of plan assets. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2024 were $ 146.0 million, $ 118.0 million, and $ 51.1 million, respectively. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2023 were $ 137.5 million, $ 126.5 million, and $ 28.2 million, respectively. | text | 781.1 | monetaryItemType | text: <entity> 781.1 </entity> <entity type> monetaryItemType </entity type> <context> The accumulated benefit obligations at December 31, 2024 and 2023 were $ 99.9 million and $ 108.5 million, respectively, for the U.S. defined benefit pension plan and $ 781.1 million and $ 775.1 million, respectively, for all non-U.S. plans. Certain of the plans included within non-U.S. pension benefits have accumulated benefit obligations which exceed the fair value of plan assets. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2024 were $ 146.0 million, $ 118.0 million, and $ 51.1 million, respectively. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2023 were $ 137.5 million, $ 126.5 million, and $ 28.2 million, respectively. </context> | us-gaap:DefinedBenefitPlanAccumulatedBenefitObligation |
The accumulated benefit obligations at December 31, 2024 and 2023 were $ 99.9 million and $ 108.5 million, respectively, for the U.S. defined benefit pension plan and $ 781.1 million and $ 775.1 million, respectively, for all non-U.S. plans. Certain of the plans included within non-U.S. pension benefits have accumulated benefit obligations which exceed the fair value of plan assets. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2024 were $ 146.0 million, $ 118.0 million, and $ 51.1 million, respectively. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2023 were $ 137.5 million, $ 126.5 million, and $ 28.2 million, respectively. | text | 775.1 | monetaryItemType | text: <entity> 775.1 </entity> <entity type> monetaryItemType </entity type> <context> The accumulated benefit obligations at December 31, 2024 and 2023 were $ 99.9 million and $ 108.5 million, respectively, for the U.S. defined benefit pension plan and $ 781.1 million and $ 775.1 million, respectively, for all non-U.S. plans. Certain of the plans included within non-U.S. pension benefits have accumulated benefit obligations which exceed the fair value of plan assets. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2024 were $ 146.0 million, $ 118.0 million, and $ 51.1 million, respectively. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2023 were $ 137.5 million, $ 126.5 million, and $ 28.2 million, respectively. </context> | us-gaap:DefinedBenefitPlanAccumulatedBenefitObligation |
The accumulated benefit obligations at December 31, 2024 and 2023 were $ 99.9 million and $ 108.5 million, respectively, for the U.S. defined benefit pension plan and $ 781.1 million and $ 775.1 million, respectively, for all non-U.S. plans. Certain of the plans included within non-U.S. pension benefits have accumulated benefit obligations which exceed the fair value of plan assets. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2024 were $ 146.0 million, $ 118.0 million, and $ 51.1 million, respectively. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2023 were $ 137.5 million, $ 126.5 million, and $ 28.2 million, respectively. | text | 146.0 | monetaryItemType | text: <entity> 146.0 </entity> <entity type> monetaryItemType </entity type> <context> The accumulated benefit obligations at December 31, 2024 and 2023 were $ 99.9 million and $ 108.5 million, respectively, for the U.S. defined benefit pension plan and $ 781.1 million and $ 775.1 million, respectively, for all non-U.S. plans. Certain of the plans included within non-U.S. pension benefits have accumulated benefit obligations which exceed the fair value of plan assets. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2024 were $ 146.0 million, $ 118.0 million, and $ 51.1 million, respectively. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2023 were $ 137.5 million, $ 126.5 million, and $ 28.2 million, respectively. </context> | us-gaap:DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation |
The accumulated benefit obligations at December 31, 2024 and 2023 were $ 99.9 million and $ 108.5 million, respectively, for the U.S. defined benefit pension plan and $ 781.1 million and $ 775.1 million, respectively, for all non-U.S. plans. Certain of the plans included within non-U.S. pension benefits have accumulated benefit obligations which exceed the fair value of plan assets. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2024 were $ 146.0 million, $ 118.0 million, and $ 51.1 million, respectively. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2023 were $ 137.5 million, $ 126.5 million, and $ 28.2 million, respectively. | text | 118.0 | monetaryItemType | text: <entity> 118.0 </entity> <entity type> monetaryItemType </entity type> <context> The accumulated benefit obligations at December 31, 2024 and 2023 were $ 99.9 million and $ 108.5 million, respectively, for the U.S. defined benefit pension plan and $ 781.1 million and $ 775.1 million, respectively, for all non-U.S. plans. Certain of the plans included within non-U.S. pension benefits have accumulated benefit obligations which exceed the fair value of plan assets. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2024 were $ 146.0 million, $ 118.0 million, and $ 51.1 million, respectively. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2023 were $ 137.5 million, $ 126.5 million, and $ 28.2 million, respectively. </context> | us-gaap:DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation |
The accumulated benefit obligations at December 31, 2024 and 2023 were $ 99.9 million and $ 108.5 million, respectively, for the U.S. defined benefit pension plan and $ 781.1 million and $ 775.1 million, respectively, for all non-U.S. plans. Certain of the plans included within non-U.S. pension benefits have accumulated benefit obligations which exceed the fair value of plan assets. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2024 were $ 146.0 million, $ 118.0 million, and $ 51.1 million, respectively. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2023 were $ 137.5 million, $ 126.5 million, and $ 28.2 million, respectively. | text | 51.1 | monetaryItemType | text: <entity> 51.1 </entity> <entity type> monetaryItemType </entity type> <context> The accumulated benefit obligations at December 31, 2024 and 2023 were $ 99.9 million and $ 108.5 million, respectively, for the U.S. defined benefit pension plan and $ 781.1 million and $ 775.1 million, respectively, for all non-U.S. plans. Certain of the plans included within non-U.S. pension benefits have accumulated benefit obligations which exceed the fair value of plan assets. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2024 were $ 146.0 million, $ 118.0 million, and $ 51.1 million, respectively. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2023 were $ 137.5 million, $ 126.5 million, and $ 28.2 million, respectively. </context> | us-gaap:DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets |
The accumulated benefit obligations at December 31, 2024 and 2023 were $ 99.9 million and $ 108.5 million, respectively, for the U.S. defined benefit pension plan and $ 781.1 million and $ 775.1 million, respectively, for all non-U.S. plans. Certain of the plans included within non-U.S. pension benefits have accumulated benefit obligations which exceed the fair value of plan assets. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2024 were $ 146.0 million, $ 118.0 million, and $ 51.1 million, respectively. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2023 were $ 137.5 million, $ 126.5 million, and $ 28.2 million, respectively. | text | 137.5 | monetaryItemType | text: <entity> 137.5 </entity> <entity type> monetaryItemType </entity type> <context> The accumulated benefit obligations at December 31, 2024 and 2023 were $ 99.9 million and $ 108.5 million, respectively, for the U.S. defined benefit pension plan and $ 781.1 million and $ 775.1 million, respectively, for all non-U.S. plans. Certain of the plans included within non-U.S. pension benefits have accumulated benefit obligations which exceed the fair value of plan assets. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2024 were $ 146.0 million, $ 118.0 million, and $ 51.1 million, respectively. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2023 were $ 137.5 million, $ 126.5 million, and $ 28.2 million, respectively. </context> | us-gaap:DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation |
The accumulated benefit obligations at December 31, 2024 and 2023 were $ 99.9 million and $ 108.5 million, respectively, for the U.S. defined benefit pension plan and $ 781.1 million and $ 775.1 million, respectively, for all non-U.S. plans. Certain of the plans included within non-U.S. pension benefits have accumulated benefit obligations which exceed the fair value of plan assets. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2024 were $ 146.0 million, $ 118.0 million, and $ 51.1 million, respectively. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2023 were $ 137.5 million, $ 126.5 million, and $ 28.2 million, respectively. | text | 126.5 | monetaryItemType | text: <entity> 126.5 </entity> <entity type> monetaryItemType </entity type> <context> The accumulated benefit obligations at December 31, 2024 and 2023 were $ 99.9 million and $ 108.5 million, respectively, for the U.S. defined benefit pension plan and $ 781.1 million and $ 775.1 million, respectively, for all non-U.S. plans. Certain of the plans included within non-U.S. pension benefits have accumulated benefit obligations which exceed the fair value of plan assets. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2024 were $ 146.0 million, $ 118.0 million, and $ 51.1 million, respectively. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2023 were $ 137.5 million, $ 126.5 million, and $ 28.2 million, respectively. </context> | us-gaap:DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation |
The accumulated benefit obligations at December 31, 2024 and 2023 were $ 99.9 million and $ 108.5 million, respectively, for the U.S. defined benefit pension plan and $ 781.1 million and $ 775.1 million, respectively, for all non-U.S. plans. Certain of the plans included within non-U.S. pension benefits have accumulated benefit obligations which exceed the fair value of plan assets. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2024 were $ 146.0 million, $ 118.0 million, and $ 51.1 million, respectively. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2023 were $ 137.5 million, $ 126.5 million, and $ 28.2 million, respectively. | text | 28.2 | monetaryItemType | text: <entity> 28.2 </entity> <entity type> monetaryItemType </entity type> <context> The accumulated benefit obligations at December 31, 2024 and 2023 were $ 99.9 million and $ 108.5 million, respectively, for the U.S. defined benefit pension plan and $ 781.1 million and $ 775.1 million, respectively, for all non-U.S. plans. Certain of the plans included within non-U.S. pension benefits have accumulated benefit obligations which exceed the fair value of plan assets. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2024 were $ 146.0 million, $ 118.0 million, and $ 51.1 million, respectively. The projected benefit obligation, the accumulated benefit obligation, and fair value of assets of these plans as of December 31, 2023 were $ 137.5 million, $ 126.5 million, and $ 28.2 million, respectively. </context> | us-gaap:DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets |
The projected post-retirement benefit obligation was principally determined using discount rates of 5.02 % in 2024 and 4.49 % in 2023. Net periodic post-retirement benefit cost was principally determined using discount rates of 4.49 % in 2024, 4.67 % in 2023, and 1.94 % in 2022. | text | 5.02 | percentItemType | text: <entity> 5.02 </entity> <entity type> percentItemType </entity type> <context> The projected post-retirement benefit obligation was principally determined using discount rates of 5.02 % in 2024 and 4.49 % in 2023. Net periodic post-retirement benefit cost was principally determined using discount rates of 4.49 % in 2024, 4.67 % in 2023, and 1.94 % in 2022. </context> | us-gaap:DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate |
The projected post-retirement benefit obligation was principally determined using discount rates of 5.02 % in 2024 and 4.49 % in 2023. Net periodic post-retirement benefit cost was principally determined using discount rates of 4.49 % in 2024, 4.67 % in 2023, and 1.94 % in 2022. | text | 4.49 | percentItemType | text: <entity> 4.49 </entity> <entity type> percentItemType </entity type> <context> The projected post-retirement benefit obligation was principally determined using discount rates of 5.02 % in 2024 and 4.49 % in 2023. Net periodic post-retirement benefit cost was principally determined using discount rates of 4.49 % in 2024, 4.67 % in 2023, and 1.94 % in 2022. </context> | us-gaap:DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate |
The projected post-retirement benefit obligation was principally determined using discount rates of 5.02 % in 2024 and 4.49 % in 2023. Net periodic post-retirement benefit cost was principally determined using discount rates of 4.49 % in 2024, 4.67 % in 2023, and 1.94 % in 2022. | text | 4.49 | percentItemType | text: <entity> 4.49 </entity> <entity type> percentItemType </entity type> <context> The projected post-retirement benefit obligation was principally determined using discount rates of 5.02 % in 2024 and 4.49 % in 2023. Net periodic post-retirement benefit cost was principally determined using discount rates of 4.49 % in 2024, 4.67 % in 2023, and 1.94 % in 2022. </context> | us-gaap:DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate |
The projected post-retirement benefit obligation was principally determined using discount rates of 5.02 % in 2024 and 4.49 % in 2023. Net periodic post-retirement benefit cost was principally determined using discount rates of 4.49 % in 2024, 4.67 % in 2023, and 1.94 % in 2022. | text | 4.67 | percentItemType | text: <entity> 4.67 </entity> <entity type> percentItemType </entity type> <context> The projected post-retirement benefit obligation was principally determined using discount rates of 5.02 % in 2024 and 4.49 % in 2023. Net periodic post-retirement benefit cost was principally determined using discount rates of 4.49 % in 2024, 4.67 % in 2023, and 1.94 % in 2022. </context> | us-gaap:DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate |
The projected post-retirement benefit obligation was principally determined using discount rates of 5.02 % in 2024 and 4.49 % in 2023. Net periodic post-retirement benefit cost was principally determined using discount rates of 4.49 % in 2024, 4.67 % in 2023, and 1.94 % in 2022. | text | 1.94 | percentItemType | text: <entity> 1.94 </entity> <entity type> percentItemType </entity type> <context> The projected post-retirement benefit obligation was principally determined using discount rates of 5.02 % in 2024 and 4.49 % in 2023. Net periodic post-retirement benefit cost was principally determined using discount rates of 4.49 % in 2024, 4.67 % in 2023, and 1.94 % in 2022. </context> | us-gaap:DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate |
In 2025, the Company expects to make employer contributions of approximately $ 0.1 million to its U.S. pension plan, $ 25.4 million to its non-U.S. pension plan, and approximately $ 0.1 million to its U.S. post-retirement medical plan. | text | 0.1 | monetaryItemType | text: <entity> 0.1 </entity> <entity type> monetaryItemType </entity type> <context> In 2025, the Company expects to make employer contributions of approximately $ 0.1 million to its U.S. pension plan, $ 25.4 million to its non-U.S. pension plan, and approximately $ 0.1 million to its U.S. post-retirement medical plan. </context> | us-gaap:DefinedBenefitPlanExpectedFutureEmployerContributionsNextFiscalYear |
In 2025, the Company expects to make employer contributions of approximately $ 0.1 million to its U.S. pension plan, $ 25.4 million to its non-U.S. pension plan, and approximately $ 0.1 million to its U.S. post-retirement medical plan. | text | 25.4 | monetaryItemType | text: <entity> 25.4 </entity> <entity type> monetaryItemType </entity type> <context> In 2025, the Company expects to make employer contributions of approximately $ 0.1 million to its U.S. pension plan, $ 25.4 million to its non-U.S. pension plan, and approximately $ 0.1 million to its U.S. post-retirement medical plan. </context> | us-gaap:DefinedBenefitPlanExpectedFutureEmployerContributionsNextFiscalYear |
The provision for tax expense differed from the amounts computed by applying the United States federal income tax rate of 21 % for the years ended December 31, 2024, 2023, and 2022 to earnings before taxes as a result of the following: | text | 21 | percentItemType | text: <entity> 21 </entity> <entity type> percentItemType </entity type> <context> The provision for tax expense differed from the amounts computed by applying the United States federal income tax rate of 21 % for the years ended December 31, 2024, 2023, and 2022 to earnings before taxes as a result of the following: </context> | us-gaap:EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate |
The Company’s reported effective tax rate was 16.8 % in 2024, 19.0 % in 2023, and 18.5 % in 2022. The reported tax rate in 2024 includes a non-cash discrete tax benefit of $23 million resulting from the reduction of uncertain tax position liabilities related to the settlement of a tax audit. | text | 16.8 | percentItemType | text: <entity> 16.8 </entity> <entity type> percentItemType </entity type> <context> The Company’s reported effective tax rate was 16.8 % in 2024, 19.0 % in 2023, and 18.5 % in 2022. The reported tax rate in 2024 includes a non-cash discrete tax benefit of $23 million resulting from the reduction of uncertain tax position liabilities related to the settlement of a tax audit. </context> | us-gaap:EffectiveIncomeTaxRateContinuingOperations |
The Company’s reported effective tax rate was 16.8 % in 2024, 19.0 % in 2023, and 18.5 % in 2022. The reported tax rate in 2024 includes a non-cash discrete tax benefit of $23 million resulting from the reduction of uncertain tax position liabilities related to the settlement of a tax audit. | text | 19.0 | percentItemType | text: <entity> 19.0 </entity> <entity type> percentItemType </entity type> <context> The Company’s reported effective tax rate was 16.8 % in 2024, 19.0 % in 2023, and 18.5 % in 2022. The reported tax rate in 2024 includes a non-cash discrete tax benefit of $23 million resulting from the reduction of uncertain tax position liabilities related to the settlement of a tax audit. </context> | us-gaap:EffectiveIncomeTaxRateContinuingOperations |
The Company’s reported effective tax rate was 16.8 % in 2024, 19.0 % in 2023, and 18.5 % in 2022. The reported tax rate in 2024 includes a non-cash discrete tax benefit of $23 million resulting from the reduction of uncertain tax position liabilities related to the settlement of a tax audit. | text | 18.5 | percentItemType | text: <entity> 18.5 </entity> <entity type> percentItemType </entity type> <context> The Company’s reported effective tax rate was 16.8 % in 2024, 19.0 % in 2023, and 18.5 % in 2022. The reported tax rate in 2024 includes a non-cash discrete tax benefit of $23 million resulting from the reduction of uncertain tax position liabilities related to the settlement of a tax audit. </context> | us-gaap:EffectiveIncomeTaxRateContinuingOperations |
Included in the balance of unrecognized tax benefits at December 31, 2024 and 2023 were $ 45.4 million and $ 58.2 million, respectively, of tax benefits that if recognized would reduce the Company’s effective tax rate. During year ended December 31, 2024, the Company's unrecognized tax benefits were reduced by $20.0 million plus accrued interest of $3.0 million pertaining to the settlement of a tax audit. Other increases and decreases related to current and prior year tax positions during 2024 and 2023 primarily relate to non-United States income taxes. The Company recognizes accrued amounts of interest and penalties related to its uncertain tax positions as part of its income tax expense within its consolidated statement of operations. The amount of accrued interest and penalties included within other non-current liabilities within the Company’s consolidated balance sheet as of December 31, 2024 and 2023 was $ 9.4 million and $ 10.9 million, respectively. | text | 45.4 | monetaryItemType | text: <entity> 45.4 </entity> <entity type> monetaryItemType </entity type> <context> Included in the balance of unrecognized tax benefits at December 31, 2024 and 2023 were $ 45.4 million and $ 58.2 million, respectively, of tax benefits that if recognized would reduce the Company’s effective tax rate. During year ended December 31, 2024, the Company's unrecognized tax benefits were reduced by $20.0 million plus accrued interest of $3.0 million pertaining to the settlement of a tax audit. Other increases and decreases related to current and prior year tax positions during 2024 and 2023 primarily relate to non-United States income taxes. The Company recognizes accrued amounts of interest and penalties related to its uncertain tax positions as part of its income tax expense within its consolidated statement of operations. The amount of accrued interest and penalties included within other non-current liabilities within the Company’s consolidated balance sheet as of December 31, 2024 and 2023 was $ 9.4 million and $ 10.9 million, respectively. </context> | us-gaap:UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate |
Included in the balance of unrecognized tax benefits at December 31, 2024 and 2023 were $ 45.4 million and $ 58.2 million, respectively, of tax benefits that if recognized would reduce the Company’s effective tax rate. During year ended December 31, 2024, the Company's unrecognized tax benefits were reduced by $20.0 million plus accrued interest of $3.0 million pertaining to the settlement of a tax audit. Other increases and decreases related to current and prior year tax positions during 2024 and 2023 primarily relate to non-United States income taxes. The Company recognizes accrued amounts of interest and penalties related to its uncertain tax positions as part of its income tax expense within its consolidated statement of operations. The amount of accrued interest and penalties included within other non-current liabilities within the Company’s consolidated balance sheet as of December 31, 2024 and 2023 was $ 9.4 million and $ 10.9 million, respectively. | text | 58.2 | monetaryItemType | text: <entity> 58.2 </entity> <entity type> monetaryItemType </entity type> <context> Included in the balance of unrecognized tax benefits at December 31, 2024 and 2023 were $ 45.4 million and $ 58.2 million, respectively, of tax benefits that if recognized would reduce the Company’s effective tax rate. During year ended December 31, 2024, the Company's unrecognized tax benefits were reduced by $20.0 million plus accrued interest of $3.0 million pertaining to the settlement of a tax audit. Other increases and decreases related to current and prior year tax positions during 2024 and 2023 primarily relate to non-United States income taxes. The Company recognizes accrued amounts of interest and penalties related to its uncertain tax positions as part of its income tax expense within its consolidated statement of operations. The amount of accrued interest and penalties included within other non-current liabilities within the Company’s consolidated balance sheet as of December 31, 2024 and 2023 was $ 9.4 million and $ 10.9 million, respectively. </context> | us-gaap:UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate |
Included in the balance of unrecognized tax benefits at December 31, 2024 and 2023 were $ 45.4 million and $ 58.2 million, respectively, of tax benefits that if recognized would reduce the Company’s effective tax rate. During year ended December 31, 2024, the Company's unrecognized tax benefits were reduced by $20.0 million plus accrued interest of $3.0 million pertaining to the settlement of a tax audit. Other increases and decreases related to current and prior year tax positions during 2024 and 2023 primarily relate to non-United States income taxes. The Company recognizes accrued amounts of interest and penalties related to its uncertain tax positions as part of its income tax expense within its consolidated statement of operations. The amount of accrued interest and penalties included within other non-current liabilities within the Company’s consolidated balance sheet as of December 31, 2024 and 2023 was $ 9.4 million and $ 10.9 million, respectively. | text | 9.4 | monetaryItemType | text: <entity> 9.4 </entity> <entity type> monetaryItemType </entity type> <context> Included in the balance of unrecognized tax benefits at December 31, 2024 and 2023 were $ 45.4 million and $ 58.2 million, respectively, of tax benefits that if recognized would reduce the Company’s effective tax rate. During year ended December 31, 2024, the Company's unrecognized tax benefits were reduced by $20.0 million plus accrued interest of $3.0 million pertaining to the settlement of a tax audit. Other increases and decreases related to current and prior year tax positions during 2024 and 2023 primarily relate to non-United States income taxes. The Company recognizes accrued amounts of interest and penalties related to its uncertain tax positions as part of its income tax expense within its consolidated statement of operations. The amount of accrued interest and penalties included within other non-current liabilities within the Company’s consolidated balance sheet as of December 31, 2024 and 2023 was $ 9.4 million and $ 10.9 million, respectively. </context> | us-gaap:UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued |
Included in the balance of unrecognized tax benefits at December 31, 2024 and 2023 were $ 45.4 million and $ 58.2 million, respectively, of tax benefits that if recognized would reduce the Company’s effective tax rate. During year ended December 31, 2024, the Company's unrecognized tax benefits were reduced by $20.0 million plus accrued interest of $3.0 million pertaining to the settlement of a tax audit. Other increases and decreases related to current and prior year tax positions during 2024 and 2023 primarily relate to non-United States income taxes. The Company recognizes accrued amounts of interest and penalties related to its uncertain tax positions as part of its income tax expense within its consolidated statement of operations. The amount of accrued interest and penalties included within other non-current liabilities within the Company’s consolidated balance sheet as of December 31, 2024 and 2023 was $ 9.4 million and $ 10.9 million, respectively. | text | 10.9 | monetaryItemType | text: <entity> 10.9 </entity> <entity type> monetaryItemType </entity type> <context> Included in the balance of unrecognized tax benefits at December 31, 2024 and 2023 were $ 45.4 million and $ 58.2 million, respectively, of tax benefits that if recognized would reduce the Company’s effective tax rate. During year ended December 31, 2024, the Company's unrecognized tax benefits were reduced by $20.0 million plus accrued interest of $3.0 million pertaining to the settlement of a tax audit. Other increases and decreases related to current and prior year tax positions during 2024 and 2023 primarily relate to non-United States income taxes. The Company recognizes accrued amounts of interest and penalties related to its uncertain tax positions as part of its income tax expense within its consolidated statement of operations. The amount of accrued interest and penalties included within other non-current liabilities within the Company’s consolidated balance sheet as of December 31, 2024 and 2023 was $ 9.4 million and $ 10.9 million, respectively. </context> | us-gaap:UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued |
Other charges (income), net consisted of net other income of $ 4.6 million, $ 4.1 million, and $ 9.3 million in 2024, 2023, and 2022, respectively. Other charges (income), net includes non-service pension costs (benefits), net (gains) losses from foreign currency transactions and hedging activities, interest income, and other items. Non-service pension benefits were $ 7.7 million, $ 7.6 million, and $ 16.9 million in 2024, 2023, and 2022, respectively. Other charges (income), net also includes acquisition costs, for which there were $0.3 million in 2024 and $0.9 million in 2022. | text | 4.6 | monetaryItemType | text: <entity> 4.6 </entity> <entity type> monetaryItemType </entity type> <context> Other charges (income), net consisted of net other income of $ 4.6 million, $ 4.1 million, and $ 9.3 million in 2024, 2023, and 2022, respectively. Other charges (income), net includes non-service pension costs (benefits), net (gains) losses from foreign currency transactions and hedging activities, interest income, and other items. Non-service pension benefits were $ 7.7 million, $ 7.6 million, and $ 16.9 million in 2024, 2023, and 2022, respectively. Other charges (income), net also includes acquisition costs, for which there were $0.3 million in 2024 and $0.9 million in 2022. </context> | us-gaap:OtherNonoperatingIncomeExpense |
Other charges (income), net consisted of net other income of $ 4.6 million, $ 4.1 million, and $ 9.3 million in 2024, 2023, and 2022, respectively. Other charges (income), net includes non-service pension costs (benefits), net (gains) losses from foreign currency transactions and hedging activities, interest income, and other items. Non-service pension benefits were $ 7.7 million, $ 7.6 million, and $ 16.9 million in 2024, 2023, and 2022, respectively. Other charges (income), net also includes acquisition costs, for which there were $0.3 million in 2024 and $0.9 million in 2022. | text | 4.1 | monetaryItemType | text: <entity> 4.1 </entity> <entity type> monetaryItemType </entity type> <context> Other charges (income), net consisted of net other income of $ 4.6 million, $ 4.1 million, and $ 9.3 million in 2024, 2023, and 2022, respectively. Other charges (income), net includes non-service pension costs (benefits), net (gains) losses from foreign currency transactions and hedging activities, interest income, and other items. Non-service pension benefits were $ 7.7 million, $ 7.6 million, and $ 16.9 million in 2024, 2023, and 2022, respectively. Other charges (income), net also includes acquisition costs, for which there were $0.3 million in 2024 and $0.9 million in 2022. </context> | us-gaap:OtherNonoperatingIncomeExpense |
Other charges (income), net consisted of net other income of $ 4.6 million, $ 4.1 million, and $ 9.3 million in 2024, 2023, and 2022, respectively. Other charges (income), net includes non-service pension costs (benefits), net (gains) losses from foreign currency transactions and hedging activities, interest income, and other items. Non-service pension benefits were $ 7.7 million, $ 7.6 million, and $ 16.9 million in 2024, 2023, and 2022, respectively. Other charges (income), net also includes acquisition costs, for which there were $0.3 million in 2024 and $0.9 million in 2022. | text | 9.3 | monetaryItemType | text: <entity> 9.3 </entity> <entity type> monetaryItemType </entity type> <context> Other charges (income), net consisted of net other income of $ 4.6 million, $ 4.1 million, and $ 9.3 million in 2024, 2023, and 2022, respectively. Other charges (income), net includes non-service pension costs (benefits), net (gains) losses from foreign currency transactions and hedging activities, interest income, and other items. Non-service pension benefits were $ 7.7 million, $ 7.6 million, and $ 16.9 million in 2024, 2023, and 2022, respectively. Other charges (income), net also includes acquisition costs, for which there were $0.3 million in 2024 and $0.9 million in 2022. </context> | us-gaap:OtherNonoperatingIncomeExpense |
Accruals and other on the consolidated statement of cash flows includes the amortization of the lease right-of-use asset of $ 33.8 million, $ 34.4 million, and $ 34.6 million, offset by a change in the lease liability of $ 33.7 million, $ 33.4 million, and $ 34.6 million, for the years ended December 31, 2024, 2023, and 2022, respectively. Lease payments within operating activities were $ 36.6 million, $ 36.6 million, and $ 35.2 million for the years ended December 31, 2024, 2023, and 2022, respectively. The Company also obtained non-cash lease right-of-use assets in exchange for lease liabilities of $ 23.5 million, $ 34.5 million, and $ 27.0 million for the years ended December 31, 2024, 2023, and 2022, respectively. | text | 33.8 | monetaryItemType | text: <entity> 33.8 </entity> <entity type> monetaryItemType </entity type> <context> Accruals and other on the consolidated statement of cash flows includes the amortization of the lease right-of-use asset of $ 33.8 million, $ 34.4 million, and $ 34.6 million, offset by a change in the lease liability of $ 33.7 million, $ 33.4 million, and $ 34.6 million, for the years ended December 31, 2024, 2023, and 2022, respectively. Lease payments within operating activities were $ 36.6 million, $ 36.6 million, and $ 35.2 million for the years ended December 31, 2024, 2023, and 2022, respectively. The Company also obtained non-cash lease right-of-use assets in exchange for lease liabilities of $ 23.5 million, $ 34.5 million, and $ 27.0 million for the years ended December 31, 2024, 2023, and 2022, respectively. </context> | us-gaap:OperatingLeaseRightOfUseAssetAmortizationExpense |
Accruals and other on the consolidated statement of cash flows includes the amortization of the lease right-of-use asset of $ 33.8 million, $ 34.4 million, and $ 34.6 million, offset by a change in the lease liability of $ 33.7 million, $ 33.4 million, and $ 34.6 million, for the years ended December 31, 2024, 2023, and 2022, respectively. Lease payments within operating activities were $ 36.6 million, $ 36.6 million, and $ 35.2 million for the years ended December 31, 2024, 2023, and 2022, respectively. The Company also obtained non-cash lease right-of-use assets in exchange for lease liabilities of $ 23.5 million, $ 34.5 million, and $ 27.0 million for the years ended December 31, 2024, 2023, and 2022, respectively. | text | 34.4 | monetaryItemType | text: <entity> 34.4 </entity> <entity type> monetaryItemType </entity type> <context> Accruals and other on the consolidated statement of cash flows includes the amortization of the lease right-of-use asset of $ 33.8 million, $ 34.4 million, and $ 34.6 million, offset by a change in the lease liability of $ 33.7 million, $ 33.4 million, and $ 34.6 million, for the years ended December 31, 2024, 2023, and 2022, respectively. Lease payments within operating activities were $ 36.6 million, $ 36.6 million, and $ 35.2 million for the years ended December 31, 2024, 2023, and 2022, respectively. The Company also obtained non-cash lease right-of-use assets in exchange for lease liabilities of $ 23.5 million, $ 34.5 million, and $ 27.0 million for the years ended December 31, 2024, 2023, and 2022, respectively. </context> | us-gaap:OperatingLeaseRightOfUseAssetAmortizationExpense |
Accruals and other on the consolidated statement of cash flows includes the amortization of the lease right-of-use asset of $ 33.8 million, $ 34.4 million, and $ 34.6 million, offset by a change in the lease liability of $ 33.7 million, $ 33.4 million, and $ 34.6 million, for the years ended December 31, 2024, 2023, and 2022, respectively. Lease payments within operating activities were $ 36.6 million, $ 36.6 million, and $ 35.2 million for the years ended December 31, 2024, 2023, and 2022, respectively. The Company also obtained non-cash lease right-of-use assets in exchange for lease liabilities of $ 23.5 million, $ 34.5 million, and $ 27.0 million for the years ended December 31, 2024, 2023, and 2022, respectively. | text | 34.6 | monetaryItemType | text: <entity> 34.6 </entity> <entity type> monetaryItemType </entity type> <context> Accruals and other on the consolidated statement of cash flows includes the amortization of the lease right-of-use asset of $ 33.8 million, $ 34.4 million, and $ 34.6 million, offset by a change in the lease liability of $ 33.7 million, $ 33.4 million, and $ 34.6 million, for the years ended December 31, 2024, 2023, and 2022, respectively. Lease payments within operating activities were $ 36.6 million, $ 36.6 million, and $ 35.2 million for the years ended December 31, 2024, 2023, and 2022, respectively. The Company also obtained non-cash lease right-of-use assets in exchange for lease liabilities of $ 23.5 million, $ 34.5 million, and $ 27.0 million for the years ended December 31, 2024, 2023, and 2022, respectively. </context> | us-gaap:OperatingLeaseRightOfUseAssetAmortizationExpense |
Accruals and other on the consolidated statement of cash flows includes the amortization of the lease right-of-use asset of $ 33.8 million, $ 34.4 million, and $ 34.6 million, offset by a change in the lease liability of $ 33.7 million, $ 33.4 million, and $ 34.6 million, for the years ended December 31, 2024, 2023, and 2022, respectively. Lease payments within operating activities were $ 36.6 million, $ 36.6 million, and $ 35.2 million for the years ended December 31, 2024, 2023, and 2022, respectively. The Company also obtained non-cash lease right-of-use assets in exchange for lease liabilities of $ 23.5 million, $ 34.5 million, and $ 27.0 million for the years ended December 31, 2024, 2023, and 2022, respectively. | text | 36.6 | monetaryItemType | text: <entity> 36.6 </entity> <entity type> monetaryItemType </entity type> <context> Accruals and other on the consolidated statement of cash flows includes the amortization of the lease right-of-use asset of $ 33.8 million, $ 34.4 million, and $ 34.6 million, offset by a change in the lease liability of $ 33.7 million, $ 33.4 million, and $ 34.6 million, for the years ended December 31, 2024, 2023, and 2022, respectively. Lease payments within operating activities were $ 36.6 million, $ 36.6 million, and $ 35.2 million for the years ended December 31, 2024, 2023, and 2022, respectively. The Company also obtained non-cash lease right-of-use assets in exchange for lease liabilities of $ 23.5 million, $ 34.5 million, and $ 27.0 million for the years ended December 31, 2024, 2023, and 2022, respectively. </context> | us-gaap:OperatingLeasePayments |
Accruals and other on the consolidated statement of cash flows includes the amortization of the lease right-of-use asset of $ 33.8 million, $ 34.4 million, and $ 34.6 million, offset by a change in the lease liability of $ 33.7 million, $ 33.4 million, and $ 34.6 million, for the years ended December 31, 2024, 2023, and 2022, respectively. Lease payments within operating activities were $ 36.6 million, $ 36.6 million, and $ 35.2 million for the years ended December 31, 2024, 2023, and 2022, respectively. The Company also obtained non-cash lease right-of-use assets in exchange for lease liabilities of $ 23.5 million, $ 34.5 million, and $ 27.0 million for the years ended December 31, 2024, 2023, and 2022, respectively. | text | 35.2 | monetaryItemType | text: <entity> 35.2 </entity> <entity type> monetaryItemType </entity type> <context> Accruals and other on the consolidated statement of cash flows includes the amortization of the lease right-of-use asset of $ 33.8 million, $ 34.4 million, and $ 34.6 million, offset by a change in the lease liability of $ 33.7 million, $ 33.4 million, and $ 34.6 million, for the years ended December 31, 2024, 2023, and 2022, respectively. Lease payments within operating activities were $ 36.6 million, $ 36.6 million, and $ 35.2 million for the years ended December 31, 2024, 2023, and 2022, respectively. The Company also obtained non-cash lease right-of-use assets in exchange for lease liabilities of $ 23.5 million, $ 34.5 million, and $ 27.0 million for the years ended December 31, 2024, 2023, and 2022, respectively. </context> | us-gaap:OperatingLeasePayments |
Accruals and other on the consolidated statement of cash flows includes the amortization of the lease right-of-use asset of $ 33.8 million, $ 34.4 million, and $ 34.6 million, offset by a change in the lease liability of $ 33.7 million, $ 33.4 million, and $ 34.6 million, for the years ended December 31, 2024, 2023, and 2022, respectively. Lease payments within operating activities were $ 36.6 million, $ 36.6 million, and $ 35.2 million for the years ended December 31, 2024, 2023, and 2022, respectively. The Company also obtained non-cash lease right-of-use assets in exchange for lease liabilities of $ 23.5 million, $ 34.5 million, and $ 27.0 million for the years ended December 31, 2024, 2023, and 2022, respectively. | text | 23.5 | monetaryItemType | text: <entity> 23.5 </entity> <entity type> monetaryItemType </entity type> <context> Accruals and other on the consolidated statement of cash flows includes the amortization of the lease right-of-use asset of $ 33.8 million, $ 34.4 million, and $ 34.6 million, offset by a change in the lease liability of $ 33.7 million, $ 33.4 million, and $ 34.6 million, for the years ended December 31, 2024, 2023, and 2022, respectively. Lease payments within operating activities were $ 36.6 million, $ 36.6 million, and $ 35.2 million for the years ended December 31, 2024, 2023, and 2022, respectively. The Company also obtained non-cash lease right-of-use assets in exchange for lease liabilities of $ 23.5 million, $ 34.5 million, and $ 27.0 million for the years ended December 31, 2024, 2023, and 2022, respectively. </context> | us-gaap:RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability |
Accruals and other on the consolidated statement of cash flows includes the amortization of the lease right-of-use asset of $ 33.8 million, $ 34.4 million, and $ 34.6 million, offset by a change in the lease liability of $ 33.7 million, $ 33.4 million, and $ 34.6 million, for the years ended December 31, 2024, 2023, and 2022, respectively. Lease payments within operating activities were $ 36.6 million, $ 36.6 million, and $ 35.2 million for the years ended December 31, 2024, 2023, and 2022, respectively. The Company also obtained non-cash lease right-of-use assets in exchange for lease liabilities of $ 23.5 million, $ 34.5 million, and $ 27.0 million for the years ended December 31, 2024, 2023, and 2022, respectively. | text | 34.5 | monetaryItemType | text: <entity> 34.5 </entity> <entity type> monetaryItemType </entity type> <context> Accruals and other on the consolidated statement of cash flows includes the amortization of the lease right-of-use asset of $ 33.8 million, $ 34.4 million, and $ 34.6 million, offset by a change in the lease liability of $ 33.7 million, $ 33.4 million, and $ 34.6 million, for the years ended December 31, 2024, 2023, and 2022, respectively. Lease payments within operating activities were $ 36.6 million, $ 36.6 million, and $ 35.2 million for the years ended December 31, 2024, 2023, and 2022, respectively. The Company also obtained non-cash lease right-of-use assets in exchange for lease liabilities of $ 23.5 million, $ 34.5 million, and $ 27.0 million for the years ended December 31, 2024, 2023, and 2022, respectively. </context> | us-gaap:RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability |
Accruals and other on the consolidated statement of cash flows includes the amortization of the lease right-of-use asset of $ 33.8 million, $ 34.4 million, and $ 34.6 million, offset by a change in the lease liability of $ 33.7 million, $ 33.4 million, and $ 34.6 million, for the years ended December 31, 2024, 2023, and 2022, respectively. Lease payments within operating activities were $ 36.6 million, $ 36.6 million, and $ 35.2 million for the years ended December 31, 2024, 2023, and 2022, respectively. The Company also obtained non-cash lease right-of-use assets in exchange for lease liabilities of $ 23.5 million, $ 34.5 million, and $ 27.0 million for the years ended December 31, 2024, 2023, and 2022, respectively. | text | 27.0 | monetaryItemType | text: <entity> 27.0 </entity> <entity type> monetaryItemType </entity type> <context> Accruals and other on the consolidated statement of cash flows includes the amortization of the lease right-of-use asset of $ 33.8 million, $ 34.4 million, and $ 34.6 million, offset by a change in the lease liability of $ 33.7 million, $ 33.4 million, and $ 34.6 million, for the years ended December 31, 2024, 2023, and 2022, respectively. Lease payments within operating activities were $ 36.6 million, $ 36.6 million, and $ 35.2 million for the years ended December 31, 2024, 2023, and 2022, respectively. The Company also obtained non-cash lease right-of-use assets in exchange for lease liabilities of $ 23.5 million, $ 34.5 million, and $ 27.0 million for the years ended December 31, 2024, 2023, and 2022, respectively. </context> | us-gaap:RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability |
The Company has five reportable segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other Operations. U.S. Operations represent certain of the Company’s marketing and producing organizations located in the United States. Western European Operations include the Company’s marketing and producing organizations in Western Europe, excluding operations located in Switzerland. Swiss Operations include marketing and producing organizations located in Switzerland as well as extensive R&D operations that are responsible for the development, production, and marketing of precision instruments, including weighing, analytical, and measurement technologies for use in a variety of laboratory and industrial applications. Chinese Operations represent the Company’s marketing and producing organizations located in China. The Company’s market organizations are geographically focused and are responsible for all aspects of the Company’s sales and service. Operations that exist outside these reportable segments are included in Other Operations. | text | five | integerItemType | text: <entity> five </entity> <entity type> integerItemType </entity type> <context> The Company has five reportable segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other Operations. U.S. Operations represent certain of the Company’s marketing and producing organizations located in the United States. Western European Operations include the Company’s marketing and producing organizations in Western Europe, excluding operations located in Switzerland. Swiss Operations include marketing and producing organizations located in Switzerland as well as extensive R&D operations that are responsible for the development, production, and marketing of precision instruments, including weighing, analytical, and measurement technologies for use in a variety of laboratory and industrial applications. Chinese Operations represent the Company’s marketing and producing organizations located in China. The Company’s market organizations are geographically focused and are responsible for all aspects of the Company’s sales and service. Operations that exist outside these reportable segments are included in Other Operations. </context> | us-gaap:NumberOfReportableSegments |
The Company sells precision instruments, including weighing instruments and certain analytical and measurement technologies, and related services to a variety of customers and industries. None of these end-customers account for more than 1 % of net sales. Service revenues are primarily derived from repair and other services, including regulatory compliance qualification, calibration, certification, and preventative maintenance, and spare parts. A breakdown of the Company’s sales by product category is disclosed in Note 3 to the consolidated financial statements. | text | 1 | percentItemType | text: <entity> 1 </entity> <entity type> percentItemType </entity type> <context> The Company sells precision instruments, including weighing instruments and certain analytical and measurement technologies, and related services to a variety of customers and industries. None of these end-customers account for more than 1 % of net sales. Service revenues are primarily derived from repair and other services, including regulatory compliance qualification, calibration, certification, and preventative maintenance, and spare parts. A breakdown of the Company’s sales by product category is disclosed in Note 3 to the consolidated financial statements. </context> | us-gaap:ConcentrationRiskPercentage1 |
goodwill allocated to the reporting unit. During the third quarter of 2024, we recorded an $ 885 million impairment charge to goodwill related to our completion services reporting unit. See Note 7 for details. | text | 885 | monetaryItemType | text: <entity> 885 </entity> <entity type> monetaryItemType </entity type> <context> goodwill allocated to the reporting unit. During the third quarter of 2024, we recorded an $ 885 million impairment charge to goodwill related to our completion services reporting unit. See Note 7 for details. </context> | us-gaap:GoodwillImpairmentLoss |
On August 14, 2023, we completed the Ulterra acquisition. Total consideration for the acquisition included the issuance of 34.9 million shares of our common stock and payment of approximately $ 373 million of cash (after purchase price adjustments), which based on the closing price of our common stock of $ 14.94 on August 14, 2023, valued the transaction at closing at approximately $ 894 million. | text | 34.9 | sharesItemType | text: <entity> 34.9 </entity> <entity type> sharesItemType </entity type> <context> On August 14, 2023, we completed the Ulterra acquisition. Total consideration for the acquisition included the issuance of 34.9 million shares of our common stock and payment of approximately $ 373 million of cash (after purchase price adjustments), which based on the closing price of our common stock of $ 14.94 on August 14, 2023, valued the transaction at closing at approximately $ 894 million. </context> | us-gaap:BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued |
On August 14, 2023, we completed the Ulterra acquisition. Total consideration for the acquisition included the issuance of 34.9 million shares of our common stock and payment of approximately $ 373 million of cash (after purchase price adjustments), which based on the closing price of our common stock of $ 14.94 on August 14, 2023, valued the transaction at closing at approximately $ 894 million. | text | 373 | monetaryItemType | text: <entity> 373 </entity> <entity type> monetaryItemType </entity type> <context> On August 14, 2023, we completed the Ulterra acquisition. Total consideration for the acquisition included the issuance of 34.9 million shares of our common stock and payment of approximately $ 373 million of cash (after purchase price adjustments), which based on the closing price of our common stock of $ 14.94 on August 14, 2023, valued the transaction at closing at approximately $ 894 million. </context> | us-gaap:PaymentsToAcquireBusinessesGross |
On August 14, 2023, we completed the Ulterra acquisition. Total consideration for the acquisition included the issuance of 34.9 million shares of our common stock and payment of approximately $ 373 million of cash (after purchase price adjustments), which based on the closing price of our common stock of $ 14.94 on August 14, 2023, valued the transaction at closing at approximately $ 894 million. | text | 14.94 | perShareItemType | text: <entity> 14.94 </entity> <entity type> perShareItemType </entity type> <context> On August 14, 2023, we completed the Ulterra acquisition. Total consideration for the acquisition included the issuance of 34.9 million shares of our common stock and payment of approximately $ 373 million of cash (after purchase price adjustments), which based on the closing price of our common stock of $ 14.94 on August 14, 2023, valued the transaction at closing at approximately $ 894 million. </context> | us-gaap:BusinessAcquisitionSharePrice |
On August 14, 2023, we completed the Ulterra acquisition. Total consideration for the acquisition included the issuance of 34.9 million shares of our common stock and payment of approximately $ 373 million of cash (after purchase price adjustments), which based on the closing price of our common stock of $ 14.94 on August 14, 2023, valued the transaction at closing at approximately $ 894 million. | text | 894 | monetaryItemType | text: <entity> 894 </entity> <entity type> monetaryItemType </entity type> <context> On August 14, 2023, we completed the Ulterra acquisition. Total consideration for the acquisition included the issuance of 34.9 million shares of our common stock and payment of approximately $ 373 million of cash (after purchase price adjustments), which based on the closing price of our common stock of $ 14.94 on August 14, 2023, valued the transaction at closing at approximately $ 894 million. </context> | us-gaap:BusinessCombinationConsiderationTransferred1 |
Approximately $ 135 million of revenues and $ 3.4 million of net loss attributed to the Ulterra acquisition are included in the consolidated statements of operations for the period from the closing date on August 14, 2023 through December 31, 2023. We incurred $ 5.6 million of merger and integration expense related to the Ulterra acquisition in 2023. We did not incur any material merger and integration expense related to the Ulterra acquisition in 2024. | text | 135 | monetaryItemType | text: <entity> 135 </entity> <entity type> monetaryItemType </entity type> <context> Approximately $ 135 million of revenues and $ 3.4 million of net loss attributed to the Ulterra acquisition are included in the consolidated statements of operations for the period from the closing date on August 14, 2023 through December 31, 2023. We incurred $ 5.6 million of merger and integration expense related to the Ulterra acquisition in 2023. We did not incur any material merger and integration expense related to the Ulterra acquisition in 2024. </context> | us-gaap:BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual |
Approximately $ 135 million of revenues and $ 3.4 million of net loss attributed to the Ulterra acquisition are included in the consolidated statements of operations for the period from the closing date on August 14, 2023 through December 31, 2023. We incurred $ 5.6 million of merger and integration expense related to the Ulterra acquisition in 2023. We did not incur any material merger and integration expense related to the Ulterra acquisition in 2024. | text | 3.4 | monetaryItemType | text: <entity> 3.4 </entity> <entity type> monetaryItemType </entity type> <context> Approximately $ 135 million of revenues and $ 3.4 million of net loss attributed to the Ulterra acquisition are included in the consolidated statements of operations for the period from the closing date on August 14, 2023 through December 31, 2023. We incurred $ 5.6 million of merger and integration expense related to the Ulterra acquisition in 2023. We did not incur any material merger and integration expense related to the Ulterra acquisition in 2024. </context> | us-gaap:BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual |
Approximately $ 135 million of revenues and $ 3.4 million of net loss attributed to the Ulterra acquisition are included in the consolidated statements of operations for the period from the closing date on August 14, 2023 through December 31, 2023. We incurred $ 5.6 million of merger and integration expense related to the Ulterra acquisition in 2023. We did not incur any material merger and integration expense related to the Ulterra acquisition in 2024. | text | 5.6 | monetaryItemType | text: <entity> 5.6 </entity> <entity type> monetaryItemType </entity type> <context> Approximately $ 135 million of revenues and $ 3.4 million of net loss attributed to the Ulterra acquisition are included in the consolidated statements of operations for the period from the closing date on August 14, 2023 through December 31, 2023. We incurred $ 5.6 million of merger and integration expense related to the Ulterra acquisition in 2023. We did not incur any material merger and integration expense related to the Ulterra acquisition in 2024. </context> | us-gaap:BusinessCombinationAcquisitionRelatedCosts |
The following pro forma condensed combined financial information was derived from our and Ulterra’s historical financial statements and gives effect to the acquisition as if it had occurred on January 1, 2022. The below information reflects pro forma adjustments based on available information and certain assumptions we believe are reasonable, including (i) adjustments related to the depreciation and amortization of the step up to fair value of $ 77.6 million for acquired intangibles, $ 74.4 million for acquired drill bits classified as long-lived assets, and $ 5.5 million for acquired drill bits classified as inventory, (ii) removal of $ 12.8 million in 2023 and $ 28.1 million in 2022 of historical interest expense of the acquired entity and (iii) $ 17.4 million in 2023 and $ 11.3 million in 2022 of tax benefit relating to the aforementioned pro forma adjustments. | text | 77.6 | monetaryItemType | text: <entity> 77.6 </entity> <entity type> monetaryItemType </entity type> <context> The following pro forma condensed combined financial information was derived from our and Ulterra’s historical financial statements and gives effect to the acquisition as if it had occurred on January 1, 2022. The below information reflects pro forma adjustments based on available information and certain assumptions we believe are reasonable, including (i) adjustments related to the depreciation and amortization of the step up to fair value of $ 77.6 million for acquired intangibles, $ 74.4 million for acquired drill bits classified as long-lived assets, and $ 5.5 million for acquired drill bits classified as inventory, (ii) removal of $ 12.8 million in 2023 and $ 28.1 million in 2022 of historical interest expense of the acquired entity and (iii) $ 17.4 million in 2023 and $ 11.3 million in 2022 of tax benefit relating to the aforementioned pro forma adjustments. </context> | us-gaap:BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentIntangibles |
The following pro forma condensed combined financial information was derived from our and Ulterra’s historical financial statements and gives effect to the acquisition as if it had occurred on January 1, 2022. The below information reflects pro forma adjustments based on available information and certain assumptions we believe are reasonable, including (i) adjustments related to the depreciation and amortization of the step up to fair value of $ 77.6 million for acquired intangibles, $ 74.4 million for acquired drill bits classified as long-lived assets, and $ 5.5 million for acquired drill bits classified as inventory, (ii) removal of $ 12.8 million in 2023 and $ 28.1 million in 2022 of historical interest expense of the acquired entity and (iii) $ 17.4 million in 2023 and $ 11.3 million in 2022 of tax benefit relating to the aforementioned pro forma adjustments. | text | 74.4 | monetaryItemType | text: <entity> 74.4 </entity> <entity type> monetaryItemType </entity type> <context> The following pro forma condensed combined financial information was derived from our and Ulterra’s historical financial statements and gives effect to the acquisition as if it had occurred on January 1, 2022. The below information reflects pro forma adjustments based on available information and certain assumptions we believe are reasonable, including (i) adjustments related to the depreciation and amortization of the step up to fair value of $ 77.6 million for acquired intangibles, $ 74.4 million for acquired drill bits classified as long-lived assets, and $ 5.5 million for acquired drill bits classified as inventory, (ii) removal of $ 12.8 million in 2023 and $ 28.1 million in 2022 of historical interest expense of the acquired entity and (iii) $ 17.4 million in 2023 and $ 11.3 million in 2022 of tax benefit relating to the aforementioned pro forma adjustments. </context> | us-gaap:BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentFinancialAssets |
The following pro forma condensed combined financial information was derived from our and Ulterra’s historical financial statements and gives effect to the acquisition as if it had occurred on January 1, 2022. The below information reflects pro forma adjustments based on available information and certain assumptions we believe are reasonable, including (i) adjustments related to the depreciation and amortization of the step up to fair value of $ 77.6 million for acquired intangibles, $ 74.4 million for acquired drill bits classified as long-lived assets, and $ 5.5 million for acquired drill bits classified as inventory, (ii) removal of $ 12.8 million in 2023 and $ 28.1 million in 2022 of historical interest expense of the acquired entity and (iii) $ 17.4 million in 2023 and $ 11.3 million in 2022 of tax benefit relating to the aforementioned pro forma adjustments. | text | 5.5 | monetaryItemType | text: <entity> 5.5 </entity> <entity type> monetaryItemType </entity type> <context> The following pro forma condensed combined financial information was derived from our and Ulterra’s historical financial statements and gives effect to the acquisition as if it had occurred on January 1, 2022. The below information reflects pro forma adjustments based on available information and certain assumptions we believe are reasonable, including (i) adjustments related to the depreciation and amortization of the step up to fair value of $ 77.6 million for acquired intangibles, $ 74.4 million for acquired drill bits classified as long-lived assets, and $ 5.5 million for acquired drill bits classified as inventory, (ii) removal of $ 12.8 million in 2023 and $ 28.1 million in 2022 of historical interest expense of the acquired entity and (iii) $ 17.4 million in 2023 and $ 11.3 million in 2022 of tax benefit relating to the aforementioned pro forma adjustments. </context> | us-gaap:BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentInventory |
The pro forma results of operations do not include any anticipated cost savings or other synergies that may result from the Ulterra acquisition nor do they include any estimated costs that will be incurred to integrate Ulterra operations. The pro forma results of operations include our merger and integration expense of $ 5.6 million as if they had been incurred in the first quarter of 2022. | text | 5.6 | monetaryItemType | text: <entity> 5.6 </entity> <entity type> monetaryItemType </entity type> <context> The pro forma results of operations do not include any anticipated cost savings or other synergies that may result from the Ulterra acquisition nor do they include any estimated costs that will be incurred to integrate Ulterra operations. The pro forma results of operations include our merger and integration expense of $ 5.6 million as if they had been incurred in the first quarter of 2022. </context> | us-gaap:BusinessCombinationAcquisitionRelatedCosts |
Approximately $ 1.1 billion of revenues and $ 12.5 million of net income attributed to the NexTier merger are included in the consolidated statements of operations for the period from the closing date on September 1, 2023 through December 31, 2023. During the twelve months ended December 31, 2024 and 2023, we incurred costs related to the NexTier merger totaling $ 28.7 million and $ 92.5 million, respectively, which are included in our consolidated statements of operations as “Merger and integration expense.” | text | 1.1 | monetaryItemType | text: <entity> 1.1 </entity> <entity type> monetaryItemType </entity type> <context> Approximately $ 1.1 billion of revenues and $ 12.5 million of net income attributed to the NexTier merger are included in the consolidated statements of operations for the period from the closing date on September 1, 2023 through December 31, 2023. During the twelve months ended December 31, 2024 and 2023, we incurred costs related to the NexTier merger totaling $ 28.7 million and $ 92.5 million, respectively, which are included in our consolidated statements of operations as “Merger and integration expense.” </context> | us-gaap:BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual |
Approximately $ 1.1 billion of revenues and $ 12.5 million of net income attributed to the NexTier merger are included in the consolidated statements of operations for the period from the closing date on September 1, 2023 through December 31, 2023. During the twelve months ended December 31, 2024 and 2023, we incurred costs related to the NexTier merger totaling $ 28.7 million and $ 92.5 million, respectively, which are included in our consolidated statements of operations as “Merger and integration expense.” | text | 12.5 | monetaryItemType | text: <entity> 12.5 </entity> <entity type> monetaryItemType </entity type> <context> Approximately $ 1.1 billion of revenues and $ 12.5 million of net income attributed to the NexTier merger are included in the consolidated statements of operations for the period from the closing date on September 1, 2023 through December 31, 2023. During the twelve months ended December 31, 2024 and 2023, we incurred costs related to the NexTier merger totaling $ 28.7 million and $ 92.5 million, respectively, which are included in our consolidated statements of operations as “Merger and integration expense.” </context> | us-gaap:BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual |
Approximately $ 1.1 billion of revenues and $ 12.5 million of net income attributed to the NexTier merger are included in the consolidated statements of operations for the period from the closing date on September 1, 2023 through December 31, 2023. During the twelve months ended December 31, 2024 and 2023, we incurred costs related to the NexTier merger totaling $ 28.7 million and $ 92.5 million, respectively, which are included in our consolidated statements of operations as “Merger and integration expense.” | text | 28.7 | monetaryItemType | text: <entity> 28.7 </entity> <entity type> monetaryItemType </entity type> <context> Approximately $ 1.1 billion of revenues and $ 12.5 million of net income attributed to the NexTier merger are included in the consolidated statements of operations for the period from the closing date on September 1, 2023 through December 31, 2023. During the twelve months ended December 31, 2024 and 2023, we incurred costs related to the NexTier merger totaling $ 28.7 million and $ 92.5 million, respectively, which are included in our consolidated statements of operations as “Merger and integration expense.” </context> | us-gaap:BusinessCombinationAcquisitionRelatedCosts |
Approximately $ 1.1 billion of revenues and $ 12.5 million of net income attributed to the NexTier merger are included in the consolidated statements of operations for the period from the closing date on September 1, 2023 through December 31, 2023. During the twelve months ended December 31, 2024 and 2023, we incurred costs related to the NexTier merger totaling $ 28.7 million and $ 92.5 million, respectively, which are included in our consolidated statements of operations as “Merger and integration expense.” | text | 92.5 | monetaryItemType | text: <entity> 92.5 </entity> <entity type> monetaryItemType </entity type> <context> Approximately $ 1.1 billion of revenues and $ 12.5 million of net income attributed to the NexTier merger are included in the consolidated statements of operations for the period from the closing date on September 1, 2023 through December 31, 2023. During the twelve months ended December 31, 2024 and 2023, we incurred costs related to the NexTier merger totaling $ 28.7 million and $ 92.5 million, respectively, which are included in our consolidated statements of operations as “Merger and integration expense.” </context> | us-gaap:BusinessCombinationAcquisitionRelatedCosts |
The following pro forma condensed combined financial information was derived from our and NexTier's historical financial statements and gives effect to the acquisition as if it had occurred on January 1, 2022. The below information reflects pro forma adjustments based on available information and certain assumptions we believe are reasonable, including (i) adjustments related to the depreciation and amortization of the step up to fair value of $ 720.7 million for acquired intangibles and $ 262.7 million for acquired property and equipment, (ii) removal of $ 17.7 million in 2023 and $ 30.0 million in 2022 of historical interest expense of the acquired entity and (iii) $ 15.1 million in 2023 and $ 72.7 million of tax benefit in 2022 relating to the aforementioned pro forma adjustments. | text | 720.7 | monetaryItemType | text: <entity> 720.7 </entity> <entity type> monetaryItemType </entity type> <context> The following pro forma condensed combined financial information was derived from our and NexTier's historical financial statements and gives effect to the acquisition as if it had occurred on January 1, 2022. The below information reflects pro forma adjustments based on available information and certain assumptions we believe are reasonable, including (i) adjustments related to the depreciation and amortization of the step up to fair value of $ 720.7 million for acquired intangibles and $ 262.7 million for acquired property and equipment, (ii) removal of $ 17.7 million in 2023 and $ 30.0 million in 2022 of historical interest expense of the acquired entity and (iii) $ 15.1 million in 2023 and $ 72.7 million of tax benefit in 2022 relating to the aforementioned pro forma adjustments. </context> | us-gaap:BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentIntangibles |
The following pro forma condensed combined financial information was derived from our and NexTier's historical financial statements and gives effect to the acquisition as if it had occurred on January 1, 2022. The below information reflects pro forma adjustments based on available information and certain assumptions we believe are reasonable, including (i) adjustments related to the depreciation and amortization of the step up to fair value of $ 720.7 million for acquired intangibles and $ 262.7 million for acquired property and equipment, (ii) removal of $ 17.7 million in 2023 and $ 30.0 million in 2022 of historical interest expense of the acquired entity and (iii) $ 15.1 million in 2023 and $ 72.7 million of tax benefit in 2022 relating to the aforementioned pro forma adjustments. | text | 262.7 | monetaryItemType | text: <entity> 262.7 </entity> <entity type> monetaryItemType </entity type> <context> The following pro forma condensed combined financial information was derived from our and NexTier's historical financial statements and gives effect to the acquisition as if it had occurred on January 1, 2022. The below information reflects pro forma adjustments based on available information and certain assumptions we believe are reasonable, including (i) adjustments related to the depreciation and amortization of the step up to fair value of $ 720.7 million for acquired intangibles and $ 262.7 million for acquired property and equipment, (ii) removal of $ 17.7 million in 2023 and $ 30.0 million in 2022 of historical interest expense of the acquired entity and (iii) $ 15.1 million in 2023 and $ 72.7 million of tax benefit in 2022 relating to the aforementioned pro forma adjustments. </context> | us-gaap:BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentPropertyPlantAndEquipment |
The pro forma results of operations do not include any anticipated cost savings or other synergies that may result from the NexTier merger nor do they include any estimated costs that will be incurred to integrate NexTier operations. The pro forma results of operations include our merger and integration expense of $ 92.5 million as if they had been incurred in the first quarter of 2022. | text | 92.5 | monetaryItemType | text: <entity> 92.5 </entity> <entity type> monetaryItemType </entity type> <context> The pro forma results of operations do not include any anticipated cost savings or other synergies that may result from the NexTier merger nor do they include any estimated costs that will be incurred to integrate NexTier operations. The pro forma results of operations include our merger and integration expense of $ 92.5 million as if they had been incurred in the first quarter of 2022. </context> | us-gaap:BusinessCombinationAcquisitionRelatedCosts |
Accounts receivable balances were $ 697 million and $ 900 million as of December 31, 2024 and 2023, respectively. These balances do not include amounts related to our oil and natural gas working interests nor do they include amounts related to our lease revenues under Topic 842 as those contracts are excluded from Topic 606. Accounts receivable balances are included in “Accounts receivable” in our consolidated balance sheets. | text | 697 | monetaryItemType | text: <entity> 697 </entity> <entity type> monetaryItemType </entity type> <context> Accounts receivable balances were $ 697 million and $ 900 million as of December 31, 2024 and 2023, respectively. These balances do not include amounts related to our oil and natural gas working interests nor do they include amounts related to our lease revenues under Topic 842 as those contracts are excluded from Topic 606. Accounts receivable balances are included in “Accounts receivable” in our consolidated balance sheets. </context> | us-gaap:AccountsReceivableNetCurrent |
Accounts receivable balances were $ 697 million and $ 900 million as of December 31, 2024 and 2023, respectively. These balances do not include amounts related to our oil and natural gas working interests nor do they include amounts related to our lease revenues under Topic 842 as those contracts are excluded from Topic 606. Accounts receivable balances are included in “Accounts receivable” in our consolidated balance sheets. | text | 900 | monetaryItemType | text: <entity> 900 </entity> <entity type> monetaryItemType </entity type> <context> Accounts receivable balances were $ 697 million and $ 900 million as of December 31, 2024 and 2023, respectively. These balances do not include amounts related to our oil and natural gas working interests nor do they include amounts related to our lease revenues under Topic 842 as those contracts are excluded from Topic 606. Accounts receivable balances are included in “Accounts receivable” in our consolidated balance sheets. </context> | us-gaap:AccountsReceivableNetCurrent |
We do not have any significant contract asset balances. Contract liabilities include prepayments received from customers prior to the requested services being completed. Once the services are complete and have been invoiced, the prepayment is applied against the customer’s account to offset the accounts receivable balance. Also included in contract liabilities are payments received from customers for reactivation or initial mobilization of newly constructed or upgraded rigs that were moved on location to the initial well site. These payments are allocated to the overall performance obligation and amortized over the initial term of the contract. Total contract liability balances were $ 75.6 million and $ 103 million as of December 31, 2024 and December 31, 2023, respectively. In 2024, we recognized $ 102 million | text | 75.6 | monetaryItemType | text: <entity> 75.6 </entity> <entity type> monetaryItemType </entity type> <context> We do not have any significant contract asset balances. Contract liabilities include prepayments received from customers prior to the requested services being completed. Once the services are complete and have been invoiced, the prepayment is applied against the customer’s account to offset the accounts receivable balance. Also included in contract liabilities are payments received from customers for reactivation or initial mobilization of newly constructed or upgraded rigs that were moved on location to the initial well site. These payments are allocated to the overall performance obligation and amortized over the initial term of the contract. Total contract liability balances were $ 75.6 million and $ 103 million as of December 31, 2024 and December 31, 2023, respectively. In 2024, we recognized $ 102 million </context> | us-gaap:ContractWithCustomerLiability |
We do not have any significant contract asset balances. Contract liabilities include prepayments received from customers prior to the requested services being completed. Once the services are complete and have been invoiced, the prepayment is applied against the customer’s account to offset the accounts receivable balance. Also included in contract liabilities are payments received from customers for reactivation or initial mobilization of newly constructed or upgraded rigs that were moved on location to the initial well site. These payments are allocated to the overall performance obligation and amortized over the initial term of the contract. Total contract liability balances were $ 75.6 million and $ 103 million as of December 31, 2024 and December 31, 2023, respectively. In 2024, we recognized $ 102 million | text | 103 | monetaryItemType | text: <entity> 103 </entity> <entity type> monetaryItemType </entity type> <context> We do not have any significant contract asset balances. Contract liabilities include prepayments received from customers prior to the requested services being completed. Once the services are complete and have been invoiced, the prepayment is applied against the customer’s account to offset the accounts receivable balance. Also included in contract liabilities are payments received from customers for reactivation or initial mobilization of newly constructed or upgraded rigs that were moved on location to the initial well site. These payments are allocated to the overall performance obligation and amortized over the initial term of the contract. Total contract liability balances were $ 75.6 million and $ 103 million as of December 31, 2024 and December 31, 2023, respectively. In 2024, we recognized $ 102 million </context> | us-gaap:ContractWithCustomerLiability |
We do not have any significant contract asset balances. Contract liabilities include prepayments received from customers prior to the requested services being completed. Once the services are complete and have been invoiced, the prepayment is applied against the customer’s account to offset the accounts receivable balance. Also included in contract liabilities are payments received from customers for reactivation or initial mobilization of newly constructed or upgraded rigs that were moved on location to the initial well site. These payments are allocated to the overall performance obligation and amortized over the initial term of the contract. Total contract liability balances were $ 75.6 million and $ 103 million as of December 31, 2024 and December 31, 2023, respectively. In 2024, we recognized $ 102 million | text | 102 | monetaryItemType | text: <entity> 102 </entity> <entity type> monetaryItemType </entity type> <context> We do not have any significant contract asset balances. Contract liabilities include prepayments received from customers prior to the requested services being completed. Once the services are complete and have been invoiced, the prepayment is applied against the customer’s account to offset the accounts receivable balance. Also included in contract liabilities are payments received from customers for reactivation or initial mobilization of newly constructed or upgraded rigs that were moved on location to the initial well site. These payments are allocated to the overall performance obligation and amortized over the initial term of the contract. Total contract liability balances were $ 75.6 million and $ 103 million as of December 31, 2024 and December 31, 2023, respectively. In 2024, we recognized $ 102 million </context> | us-gaap:ContractWithCustomerLiabilityRevenueRecognized |
$ 136 million of revenue that was included in the contract liability balance at the beginning of the period, of which the recognition of $ 28.9 million was due to deferred revenue from a customer prepayment, which became recognizable after the customer changed its drilling schedule | text | 136 | monetaryItemType | text: <entity> 136 </entity> <entity type> monetaryItemType </entity type> <context> $ 136 million of revenue that was included in the contract liability balance at the beginning of the period, of which the recognition of $ 28.9 million was due to deferred revenue from a customer prepayment, which became recognizable after the customer changed its drilling schedule </context> | us-gaap:ContractWithCustomerLiabilityRevenueRecognized |
$ 136 million of revenue that was included in the contract liability balance at the beginning of the period, of which the recognition of $ 28.9 million was due to deferred revenue from a customer prepayment, which became recognizable after the customer changed its drilling schedule | text | 28.9 | monetaryItemType | text: <entity> 28.9 </entity> <entity type> monetaryItemType </entity type> <context> $ 136 million of revenue that was included in the contract liability balance at the beginning of the period, of which the recognition of $ 28.9 million was due to deferred revenue from a customer prepayment, which became recognizable after the customer changed its drilling schedule </context> | us-gaap:ContractWithCustomerLiabilityChangeInTimeframePerformanceObligationSatisfiedRevenueRecognized |
The $ 75.2 million current portion of our contract liability balance is included in “Accrued liabilities” and $ 0.4 million noncurrent portion of our contract liability balance is included in “Other liabilities” in our consolidated balance sheets. | text | 75.2 | monetaryItemType | text: <entity> 75.2 </entity> <entity type> monetaryItemType </entity type> <context> The $ 75.2 million current portion of our contract liability balance is included in “Accrued liabilities” and $ 0.4 million noncurrent portion of our contract liability balance is included in “Other liabilities” in our consolidated balance sheets. </context> | us-gaap:ContractWithCustomerLiabilityCurrent |
The $ 75.2 million current portion of our contract liability balance is included in “Accrued liabilities” and $ 0.4 million noncurrent portion of our contract liability balance is included in “Other liabilities” in our consolidated balance sheets. | text | 0.4 | monetaryItemType | text: <entity> 0.4 </entity> <entity type> monetaryItemType </entity type> <context> The $ 75.2 million current portion of our contract liability balance is included in “Accrued liabilities” and $ 0.4 million noncurrent portion of our contract liability balance is included in “Other liabilities” in our consolidated balance sheets. </context> | us-gaap:ContractWithCustomerLiabilityNoncurrent |
We also evaluated our fleet of drilling rigs for marketability based on the condition of inactive rigs, expenditures that would be necessary to bring them to working condition and the expected demand for drilling services by rig type. The components comprising rigs that will no longer be marketed were evaluated, and those components with continuing utility to other marketed rigs were identified for transfer to other rigs or to yards to be used as spare equipment. The remaining components of these rigs were abandoned. During the third quarter of 2024, we identified 42 legacy, non-Tier-1 super-spec drilling rigs and related equipment to be abandoned. Based on the strong customer preference across the industry for Tier-1 super-spec drilling rigs, in addition to efficiency gains and technology advancements that have reduced the total number of rigs needed for the U.S. drilling market, we believe the 42 rigs that were abandoned had limited commercial opportunity. Accordingly, we recorded a charge of $ 114 million related to this abandonment in 2024. No similar charges were incurred in 2022 or 2023. | text | 114 | monetaryItemType | text: <entity> 114 </entity> <entity type> monetaryItemType </entity type> <context> We also evaluated our fleet of drilling rigs for marketability based on the condition of inactive rigs, expenditures that would be necessary to bring them to working condition and the expected demand for drilling services by rig type. The components comprising rigs that will no longer be marketed were evaluated, and those components with continuing utility to other marketed rigs were identified for transfer to other rigs or to yards to be used as spare equipment. The remaining components of these rigs were abandoned. During the third quarter of 2024, we identified 42 legacy, non-Tier-1 super-spec drilling rigs and related equipment to be abandoned. Based on the strong customer preference across the industry for Tier-1 super-spec drilling rigs, in addition to efficiency gains and technology advancements that have reduced the total number of rigs needed for the U.S. drilling market, we believe the 42 rigs that were abandoned had limited commercial opportunity. Accordingly, we recorded a charge of $ 114 million related to this abandonment in 2024. No similar charges were incurred in 2022 or 2023. </context> | us-gaap:AssetImpairmentCharges |
We determined our drilling products operating segment consists of a single reporting unit and, accordingly, goodwill acquired from the Ulterra acquisition was allocated to that reporting unit. We determined our completion services operating segment consists of two reporting units; completion services, which is primarily comprised of our hydraulic fracturing operations and other integrated service offerings, and cementing services. | text | two | integerItemType | text: <entity> two </entity> <entity type> integerItemType </entity type> <context> We determined our drilling products operating segment consists of a single reporting unit and, accordingly, goodwill acquired from the Ulterra acquisition was allocated to that reporting unit. We determined our completion services operating segment consists of two reporting units; completion services, which is primarily comprised of our hydraulic fracturing operations and other integrated service offerings, and cementing services. </context> | us-gaap:NumberOfReportingUnits |
Based on the results of the quantitative assessment, the fair value of the completion services reporting unit was less than its carrying value. Accordingly, we recorded an $ 885 million impairment charge to goodwill for the completion services reporting unit during the third quarter of 2024. | text | 885 | monetaryItemType | text: <entity> 885 </entity> <entity type> monetaryItemType </entity type> <context> Based on the results of the quantitative assessment, the fair value of the completion services reporting unit was less than its carrying value. Accordingly, we recorded an $ 885 million impairment charge to goodwill for the completion services reporting unit during the third quarter of 2024. </context> | us-gaap:GoodwillImpairmentLoss |
Based on the results of the goodwill impairment tests performed during the third quarter of 2024, the fair values of the drilling products and cementing services reporting units exceeded their carrying values by approximately 13 % and 73 %, respectively. Accordingly, no impairment was recorded for the drilling products and cementing services reporting units. | text | 13 | percentItemType | text: <entity> 13 </entity> <entity type> percentItemType </entity type> <context> Based on the results of the goodwill impairment tests performed during the third quarter of 2024, the fair values of the drilling products and cementing services reporting units exceeded their carrying values by approximately 13 % and 73 %, respectively. Accordingly, no impairment was recorded for the drilling products and cementing services reporting units. </context> | us-gaap:ReportingUnitPercentageOfFairValueInExcessOfCarryingAmount |
Based on the results of the goodwill impairment tests performed during the third quarter of 2024, the fair values of the drilling products and cementing services reporting units exceeded their carrying values by approximately 13 % and 73 %, respectively. Accordingly, no impairment was recorded for the drilling products and cementing services reporting units. | text | 73 | percentItemType | text: <entity> 73 </entity> <entity type> percentItemType </entity type> <context> Based on the results of the goodwill impairment tests performed during the third quarter of 2024, the fair values of the drilling products and cementing services reporting units exceeded their carrying values by approximately 13 % and 73 %, respectively. Accordingly, no impairment was recorded for the drilling products and cementing services reporting units. </context> | us-gaap:ReportingUnitPercentageOfFairValueInExcessOfCarryingAmount |
Amortization expense on intangible assets of approximately $ 124 million, $ 41.5 million, and $ 1.3 million was recorded for the years ended December 31, 2024, 2023 and 2022, respectively. | text | 124 | monetaryItemType | text: <entity> 124 </entity> <entity type> monetaryItemType </entity type> <context> Amortization expense on intangible assets of approximately $ 124 million, $ 41.5 million, and $ 1.3 million was recorded for the years ended December 31, 2024, 2023 and 2022, respectively. </context> | us-gaap:AmortizationOfIntangibleAssets |
Amortization expense on intangible assets of approximately $ 124 million, $ 41.5 million, and $ 1.3 million was recorded for the years ended December 31, 2024, 2023 and 2022, respectively. | text | 41.5 | monetaryItemType | text: <entity> 41.5 </entity> <entity type> monetaryItemType </entity type> <context> Amortization expense on intangible assets of approximately $ 124 million, $ 41.5 million, and $ 1.3 million was recorded for the years ended December 31, 2024, 2023 and 2022, respectively. </context> | us-gaap:AmortizationOfIntangibleAssets |
Amortization expense on intangible assets of approximately $ 124 million, $ 41.5 million, and $ 1.3 million was recorded for the years ended December 31, 2024, 2023 and 2022, respectively. | text | 1.3 | monetaryItemType | text: <entity> 1.3 </entity> <entity type> monetaryItemType </entity type> <context> Amortization expense on intangible assets of approximately $ 124 million, $ 41.5 million, and $ 1.3 million was recorded for the years ended December 31, 2024, 2023 and 2022, respectively. </context> | us-gaap:AmortizationOfIntangibleAssets |
— On January 31, 2025, we entered into the Second Amended and Restated Credit Agreement with the lenders party thereto and Wells Fargo Bank, National Association, as administrative agent, and the other parties thereto (the “Credit Agreement”). The Credit Agreement amended and restated our Amended and Restated Credit Agreement dated as of March 27, 2018 (as amended, restated, supplemented or otherwise modified at December 31, 2024, the “Prior Credit Agreement”). The commitments under the Credit Agreement are $ 500 million, and the loans and commitments under the Credit Agreement mature on January 31, 2030. | text | 500 | monetaryItemType | text: <entity> 500 </entity> <entity type> monetaryItemType </entity type> <context> — On January 31, 2025, we entered into the Second Amended and Restated Credit Agreement with the lenders party thereto and Wells Fargo Bank, National Association, as administrative agent, and the other parties thereto (the “Credit Agreement”). The Credit Agreement amended and restated our Amended and Restated Credit Agreement dated as of March 27, 2018 (as amended, restated, supplemented or otherwise modified at December 31, 2024, the “Prior Credit Agreement”). The commitments under the Credit Agreement are $ 500 million, and the loans and commitments under the Credit Agreement mature on January 31, 2030. </context> | us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity |
The Credit Agreement provides for a committed senior unsecured credit facility that permits aggregate revolving credit borrowings of up to $ 500 million, with a letter of credit sub-facility of $ 100 million and a swing line sub-facility that, at any time outstanding, is limited to the lesser of $ 50 million and the amount of the swing line provider’s unused commitment. Subject to customary conditions, we may request that the lenders’ aggregate commitments be increased by up to $ 200 million, not to exceed total commitments of $ 700 million. For a description of the Credit Agreement, see “Liquidity and Capital Resources” included in Part II, Item 7— “Management’s Discussion and Analysis of Financial Condition and Results of Operations” of this Report. | text | 500 | monetaryItemType | text: <entity> 500 </entity> <entity type> monetaryItemType </entity type> <context> The Credit Agreement provides for a committed senior unsecured credit facility that permits aggregate revolving credit borrowings of up to $ 500 million, with a letter of credit sub-facility of $ 100 million and a swing line sub-facility that, at any time outstanding, is limited to the lesser of $ 50 million and the amount of the swing line provider’s unused commitment. Subject to customary conditions, we may request that the lenders’ aggregate commitments be increased by up to $ 200 million, not to exceed total commitments of $ 700 million. For a description of the Credit Agreement, see “Liquidity and Capital Resources” included in Part II, Item 7— “Management’s Discussion and Analysis of Financial Condition and Results of Operations” of this Report. </context> | us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity |
The Credit Agreement provides for a committed senior unsecured credit facility that permits aggregate revolving credit borrowings of up to $ 500 million, with a letter of credit sub-facility of $ 100 million and a swing line sub-facility that, at any time outstanding, is limited to the lesser of $ 50 million and the amount of the swing line provider’s unused commitment. Subject to customary conditions, we may request that the lenders’ aggregate commitments be increased by up to $ 200 million, not to exceed total commitments of $ 700 million. For a description of the Credit Agreement, see “Liquidity and Capital Resources” included in Part II, Item 7— “Management’s Discussion and Analysis of Financial Condition and Results of Operations” of this Report. | text | 100 | monetaryItemType | text: <entity> 100 </entity> <entity type> monetaryItemType </entity type> <context> The Credit Agreement provides for a committed senior unsecured credit facility that permits aggregate revolving credit borrowings of up to $ 500 million, with a letter of credit sub-facility of $ 100 million and a swing line sub-facility that, at any time outstanding, is limited to the lesser of $ 50 million and the amount of the swing line provider’s unused commitment. Subject to customary conditions, we may request that the lenders’ aggregate commitments be increased by up to $ 200 million, not to exceed total commitments of $ 700 million. For a description of the Credit Agreement, see “Liquidity and Capital Resources” included in Part II, Item 7— “Management’s Discussion and Analysis of Financial Condition and Results of Operations” of this Report. </context> | us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity |
The Credit Agreement provides for a committed senior unsecured credit facility that permits aggregate revolving credit borrowings of up to $ 500 million, with a letter of credit sub-facility of $ 100 million and a swing line sub-facility that, at any time outstanding, is limited to the lesser of $ 50 million and the amount of the swing line provider’s unused commitment. Subject to customary conditions, we may request that the lenders’ aggregate commitments be increased by up to $ 200 million, not to exceed total commitments of $ 700 million. For a description of the Credit Agreement, see “Liquidity and Capital Resources” included in Part II, Item 7— “Management’s Discussion and Analysis of Financial Condition and Results of Operations” of this Report. | text | 50 | monetaryItemType | text: <entity> 50 </entity> <entity type> monetaryItemType </entity type> <context> The Credit Agreement provides for a committed senior unsecured credit facility that permits aggregate revolving credit borrowings of up to $ 500 million, with a letter of credit sub-facility of $ 100 million and a swing line sub-facility that, at any time outstanding, is limited to the lesser of $ 50 million and the amount of the swing line provider’s unused commitment. Subject to customary conditions, we may request that the lenders’ aggregate commitments be increased by up to $ 200 million, not to exceed total commitments of $ 700 million. For a description of the Credit Agreement, see “Liquidity and Capital Resources” included in Part II, Item 7— “Management’s Discussion and Analysis of Financial Condition and Results of Operations” of this Report. </context> | us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity |
The Commitment Increase Agreement increased the commitments under our Prior Credit Agreement to $ 615 million. The maturity date for $ 567 million of such commitments was March 27, 2026; and the maturity date for $ 48.3 million of such commitments was March 27, 2025. | text | 615 | monetaryItemType | text: <entity> 615 </entity> <entity type> monetaryItemType </entity type> <context> The Commitment Increase Agreement increased the commitments under our Prior Credit Agreement to $ 615 million. The maturity date for $ 567 million of such commitments was March 27, 2026; and the maturity date for $ 48.3 million of such commitments was March 27, 2025. </context> | us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity |
The Commitment Increase Agreement increased the commitments under our Prior Credit Agreement to $ 615 million. The maturity date for $ 567 million of such commitments was March 27, 2026; and the maturity date for $ 48.3 million of such commitments was March 27, 2025. | text | 567 | monetaryItemType | text: <entity> 567 </entity> <entity type> monetaryItemType </entity type> <context> The Commitment Increase Agreement increased the commitments under our Prior Credit Agreement to $ 615 million. The maturity date for $ 567 million of such commitments was March 27, 2026; and the maturity date for $ 48.3 million of such commitments was March 27, 2025. </context> | us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity |
The Commitment Increase Agreement increased the commitments under our Prior Credit Agreement to $ 615 million. The maturity date for $ 567 million of such commitments was March 27, 2026; and the maturity date for $ 48.3 million of such commitments was March 27, 2025. | text | 48.3 | monetaryItemType | text: <entity> 48.3 </entity> <entity type> monetaryItemType </entity type> <context> The Commitment Increase Agreement increased the commitments under our Prior Credit Agreement to $ 615 million. The maturity date for $ 567 million of such commitments was March 27, 2026; and the maturity date for $ 48.3 million of such commitments was March 27, 2025. </context> | us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity |
On August 29, 2023, we entered into Amendment No. 4 to Amended and Restated Credit Agreement (the “Credit Agreement Amendment”), which, among other things, extended the maturity date for $ 85.0 million of revolving credit commitments of certain lenders under the Prior Credit Agreement from March 27, 2025 to March 27, 2026. | text | 85.0 | monetaryItemType | text: <entity> 85.0 </entity> <entity type> monetaryItemType </entity type> <context> On August 29, 2023, we entered into Amendment No. 4 to Amended and Restated Credit Agreement (the “Credit Agreement Amendment”), which, among other things, extended the maturity date for $ 85.0 million of revolving credit commitments of certain lenders under the Prior Credit Agreement from March 27, 2025 to March 27, 2026. </context> | us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity |
The Prior Credit Agreement is a committed senior unsecured revolving credit facility that permits aggregate borrowings of up to $ 615 million, including a letter of credit facility that, at any time outstanding, is limited to $ 100 million and a swing line facility that, at any time outstanding, is limited to the lesser of $ 50.0 million and the amount of the swing line provider’s unused commitment. | text | 615 | monetaryItemType | text: <entity> 615 </entity> <entity type> monetaryItemType </entity type> <context> The Prior Credit Agreement is a committed senior unsecured revolving credit facility that permits aggregate borrowings of up to $ 615 million, including a letter of credit facility that, at any time outstanding, is limited to $ 100 million and a swing line facility that, at any time outstanding, is limited to the lesser of $ 50.0 million and the amount of the swing line provider’s unused commitment. </context> | us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity |
The Prior Credit Agreement is a committed senior unsecured revolving credit facility that permits aggregate borrowings of up to $ 615 million, including a letter of credit facility that, at any time outstanding, is limited to $ 100 million and a swing line facility that, at any time outstanding, is limited to the lesser of $ 50.0 million and the amount of the swing line provider’s unused commitment. | text | 100 | monetaryItemType | text: <entity> 100 </entity> <entity type> monetaryItemType </entity type> <context> The Prior Credit Agreement is a committed senior unsecured revolving credit facility that permits aggregate borrowings of up to $ 615 million, including a letter of credit facility that, at any time outstanding, is limited to $ 100 million and a swing line facility that, at any time outstanding, is limited to the lesser of $ 50.0 million and the amount of the swing line provider’s unused commitment. </context> | us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity |
The Prior Credit Agreement is a committed senior unsecured revolving credit facility that permits aggregate borrowings of up to $ 615 million, including a letter of credit facility that, at any time outstanding, is limited to $ 100 million and a swing line facility that, at any time outstanding, is limited to the lesser of $ 50.0 million and the amount of the swing line provider’s unused commitment. | text | 50.0 | monetaryItemType | text: <entity> 50.0 </entity> <entity type> monetaryItemType </entity type> <context> The Prior Credit Agreement is a committed senior unsecured revolving credit facility that permits aggregate borrowings of up to $ 615 million, including a letter of credit facility that, at any time outstanding, is limited to $ 100 million and a swing line facility that, at any time outstanding, is limited to the lesser of $ 50.0 million and the amount of the swing line provider’s unused commitment. </context> | us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity |
Loans under the Prior Credit Agreement bear interest by reference, at our election, to the SOFR rate (subject to a 0.10 % per annum adjustment) or base rate, in each case subject to a 0 % floor. The applicable margin on SOFR rate loans varies from 1.00 % to 2.00 % and the applicable margin on base rate loans varies from 0.00 % to 1.00 %, in each case determined based on our credit rating. As of December 31, 2024, the applicable margin on SOFR rate loans was 1.75 % and the applicable margin on base rate loans was 0.75 %. A letter of credit fee is payable by us equal to the applicable margin for SOFR rate loans times the daily amount available to be drawn under outstanding letters of credit. The commitment fee rate payable to the lenders varies from 0.10 % to 0.30 % based on our credit rating. | text | 0.10 | percentItemType | text: <entity> 0.10 </entity> <entity type> percentItemType </entity type> <context> Loans under the Prior Credit Agreement bear interest by reference, at our election, to the SOFR rate (subject to a 0.10 % per annum adjustment) or base rate, in each case subject to a 0 % floor. The applicable margin on SOFR rate loans varies from 1.00 % to 2.00 % and the applicable margin on base rate loans varies from 0.00 % to 1.00 %, in each case determined based on our credit rating. As of December 31, 2024, the applicable margin on SOFR rate loans was 1.75 % and the applicable margin on base rate loans was 0.75 %. A letter of credit fee is payable by us equal to the applicable margin for SOFR rate loans times the daily amount available to be drawn under outstanding letters of credit. The commitment fee rate payable to the lenders varies from 0.10 % to 0.30 % based on our credit rating. </context> | us-gaap:DebtInstrumentBasisSpreadOnVariableRate1 |
Loans under the Prior Credit Agreement bear interest by reference, at our election, to the SOFR rate (subject to a 0.10 % per annum adjustment) or base rate, in each case subject to a 0 % floor. The applicable margin on SOFR rate loans varies from 1.00 % to 2.00 % and the applicable margin on base rate loans varies from 0.00 % to 1.00 %, in each case determined based on our credit rating. As of December 31, 2024, the applicable margin on SOFR rate loans was 1.75 % and the applicable margin on base rate loans was 0.75 %. A letter of credit fee is payable by us equal to the applicable margin for SOFR rate loans times the daily amount available to be drawn under outstanding letters of credit. The commitment fee rate payable to the lenders varies from 0.10 % to 0.30 % based on our credit rating. | text | 0 | percentItemType | text: <entity> 0 </entity> <entity type> percentItemType </entity type> <context> Loans under the Prior Credit Agreement bear interest by reference, at our election, to the SOFR rate (subject to a 0.10 % per annum adjustment) or base rate, in each case subject to a 0 % floor. The applicable margin on SOFR rate loans varies from 1.00 % to 2.00 % and the applicable margin on base rate loans varies from 0.00 % to 1.00 %, in each case determined based on our credit rating. As of December 31, 2024, the applicable margin on SOFR rate loans was 1.75 % and the applicable margin on base rate loans was 0.75 %. A letter of credit fee is payable by us equal to the applicable margin for SOFR rate loans times the daily amount available to be drawn under outstanding letters of credit. The commitment fee rate payable to the lenders varies from 0.10 % to 0.30 % based on our credit rating. </context> | us-gaap:DebtInstrumentBasisSpreadOnVariableRate1 |
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